Overview
What is The Converse Home Inc?
The Converse Home Inc, established in 1886, is a long-standing, private, non-profit organization located in Burlington, Vermont. Situated in a tranquil residential area, the community offers assisted living and memory care services. The facility boasts beautiful landscaped grounds with gardens, a gazebo, and outdoor spaces for residents' enjoyment. Its proximity to the University of Vermont Medical Center and Burlington's cultural offerings provides ample activities for residents. The original part of the Converse Home was built in 1799, making it one of the city's oldest buildings, and holds a place on the Historic Register. The organization is renowned for its warm, welcoming, and homelike atmosphere, dedicated to providing older individuals with a gracious living space and high-quality services. With a team of 149 employees, The Converse Home Inc strives to maintain a comfortable and supportive environment for its residents.
Official website here: www.conversehome.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
The Converse Home Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is entirely based on the organization's performance in the Accountability & Finance category, where it achieved an overall score of 82%. This rating reflects the charity's strong governance practices, including a fully independent board and robust financial oversight.
Key strengths include the charity's commitment to transparency and ethical practices, as evidenced by their comprehensive policies regarding conflicts of interest and whistleblower protections. The organization also maintains a high program expense ratio of 87.76%, suggesting that a significant portion of its funding is directed towards its mission-related activities rather than administrative costs.
However, the organization's liabilities to assets ratio of 68.91% indicates a potential area of concern which could affect financial stability. While the charity demonstrates solid accountability measures, stakeholders may want to keep an eye on this aspect to ensure long-term sustainability. Overall, The Converse Home Inc shows commendable financial practices and governance, making it a respectable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The Converse Home Inc legitimate?
The Converse Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Converse Home Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $254,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,235,989
For more financial information, click here
Official website here: www.conversehome.com
What is the mission statement of The Converse Home Inc?
The Converse Home Inc's mission is centered around providing older individuals with a dignified living environment and top-notch services. Established in 1886, this non-profit organization is recognized for its inviting and homelike atmosphere. The services offered include assisted living and memory care, all housed in a beautifully landscaped facility located in a peaceful residential neighborhood. The original building, constructed in 1799, holds historical significance and adds to the home-like feel. The Converse Home Inc's mission is to ensure older persons can reside in a gracious environment while receiving high-quality care.
Official website here: www.conversehome.com
Who is the CEO of The Converse Home Inc?
Vanessa Fortune As Of 9262022 is the Director Of of The Converse Home Inc.
Official website here: www.conversehome.com
What is the revenue of The Converse Home Inc?
The Converse Home Inc's revenue in 2022 was $5,936,204.
Official website here: www.conversehome.com
Who are the executives of The Converse Home Inc and what are their salaries?
The average compensation at The Converse Home Inc during 2022 was $23,428. There are 149 employees and 15 volunteers at The Converse Home Inc.
Here are 16 key members and their salaries:
- Compensation: $127,765
- Related: $0
- Other: $2,555
- Compensation: $110,731
- Related: $0
- Other: $2,721
- Compensation: $60,411
- Related: $0
- Other: $1,714
- Compensation: $19,725
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.conversehome.com
Where can I find the form 990 for The Converse Home Inc?
The Converse Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.conversehome.com
Learn more at the official website: www.conversehome.com
Mission Statement of The Converse Home Inc
The Converse Home Inc, established as a private, non-profit organization in 1886, is committed to providing older individuals with a gracious living environment and high-quality services. This mission is embodied in their assisted living and memory care community, which is situated in a tranquil residential neighborhood. The home is adorned with beautifully landscaped grounds, complete with large flower and vegetable gardens, a gazebo, and numerous outdoor spaces for residents to enjoy.
The Converse Home Inc's mission is reflected in its warm, welcoming, and home-like atmosphere. This non-profit organization has maintained its reputation for creating a comfortable living space for its residents, which is evident in its historic building. Built in 1799 as a private mansion, the original part of The Converse Home holds a significant place on the city's historic register. Despite its age, the home manages to blend the charm of its past with modern amenities, providing a living environment that caters to the needs of its elderly residents.
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Impact
July, 2024
The Converse Home Inc provides older persons with a gracious home and high-quality services in Burlington, VT. Their assisted living and memory care community offers a warm, welcoming, and home-like atmosphere for residents. The organization's beautifully landscaped grounds and historic building provide a serene and comfortable environment for those in their care. They are renowned for their dedication to ensuring older individuals have a safe and supportive place to call home. The Converse Home Inc's impact includes offering housing, care, and a sense of community to elderly individuals in need.
This information is meant to be a general summary of The Converse Home Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $45,911
- Program Service Revenue: $4,729,618
- Gross Receipts: $6,201,465
Assets and Liabilities:
- Total Assets: $9,403,525
- Total Liabilities: $6,520,425
- Net Assets: $2,883,100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR CARE
Revenue
$4,729,618
Organization Details
Founding Year
1886
Phone
(802) 862-0401Principal Officer
Vanessa Fortune As Of 9262022
Main Address
272 CHURCH ST, BURLINGTON, VT, 05401
Website
www.conversehome.comNTEE Category
Code: L00 - Housing
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