Overview
What is Mount Anthony Housing Corporation?
Mount Anthony Housing Corporation, operating under the name Centers for Living and Rehabilitation (CLR), is a nonprofit organization situated in Bennington, Vermont. Originally established for the purpose of developing, managing, and operating nursing homes, the corporation plays a significant role in providing long-term, short-stay convalescent, and assisted living services for their community. Although they no longer manage the day-to-day operations, Mount Anthony Housing Corporation continues to generate revenue and cover expenses through residual payor adjustments and direct costs related to long-term care and rehabilitative services. The organization employs 190 individuals, ensuring a dedicated workforce committed to enriching the lives of its community members.
Official website here: www.svhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Mount Anthony Housing Corporation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a score of 96%. This high rating is indicative of the organization’s strong commitment to accountability and finance, as the overall score is derived from a single beacon focusing on these critical areas. Notably, the charity has excelled in multiple facets of governance and financial management.
The organization boasts a board comprised of 90% independent members and maintains a large board size, which enhances its oversight capabilities. Financial statements are well-managed, evidenced by perfect scores in areas such as audit and oversight, material diversion of assets, and various policy implementations, including conflict of interest and whistleblower policies. The program expense ratio is also commendable, with 86.07% of its expenses directed towards programs, underscoring its focus on mission-driven work.
While the rating highlights significant strengths, it is important for potential donors and stakeholders to consider the operational context and specific programs offered by the organization. However, the lack of noted limitations in the provided data indicates strong operational health, making Mount Anthony Housing Corporation a reliable choice for those looking to support impactful nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Anthony Housing Corporation legitimate?
Mount Anthony Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Anthony Housing Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.svhealthcare.org
What is the mission statement of Mount Anthony Housing Corporation?
Mount Anthony Housing Corporation, operating under the name Centers for Living and Rehabilitation, has a mission to provide and promote long-term, short-stay convalescent, and assisted living services to members of their community. The corporation's primary purpose is to cater to the needs of individuals requiring extended care and rehabilitative services. Although the corporation sold off a significant portion of its operations in FY21 and is no longer directly involved in the day-to-day operations, its mission remains focused on serving the community's long-term care needs. In FY22, the corporation's program revenue and expenses are primarily related to residual payor adjustments and residual direct costs related to providing long-term care and rehabilitative services.
Official website here: www.svhealthcare.org
Who is the CEO of Mount Anthony Housing Corporation?
Thomas Dee is the Principal Officer of Mount Anthony Housing Corporation. The CEO's salary of Mount Anthony Housing Corporation is $0 and their total compensation is $949,147.
Official website here: www.svhealthcare.org
What is the revenue of Mount Anthony Housing Corporation?
Mount Anthony Housing Corporation's revenue in 2022 was $603,121.
Official website here: www.svhealthcare.org
Who are the executives of Mount Anthony Housing Corporation and what are their salaries?
There are 190 employees and 18 volunteers at Mount Anthony Housing Corporation.
Here are 23 key members and their salaries (Mount Anthony Housing Corporation's CEO's salary is $0 and their total compensation is $949,147):
- Compensation: $0
- Related: $625,561
- Other: $323,586
- Compensation: $0
- Related: $176,942
- Other: $130
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- Other: $0
- Compensation: $0
- Related: $529,250
- Other: $78,824
Official website here: www.svhealthcare.org
Where can I find the form 990 for Mount Anthony Housing Corporation?
Mount Anthony Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.svhealthcare.org
Learn more at the official website: www.svhealthcare.org
Mission Statement of Mount Anthony Housing Corporation
Mount Anthony Housing Corporation, operating under the name Centers for Living and Rehabilitation, was established with a mission to provide and promote long-term care, short-stay convalescent, and assisted living services to members of their community. The organization's purpose was to ensure that individuals in need of such care received the necessary support and attention to improve their quality of life. Despite selling off 80% of the corporation in FY21, Mount Anthony Housing Corporation continues to be involved in certain aspects related to providing long-term care and rehabilitative services, as indicated by their residual payor adjustments and direct costs in FY22.
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Impact
July, 2024
Mount Anthony Housing Corporation, operating as Centers for Living and Rehabilitation (CLR), has had a significant impact in providing and promoting long-term, short-stay convalescent, and assisted living services to the community. Its activities have focused on developing, managing, and operating nursing homes to support the needs of senior residents. However, it is important to note that in FY21, 80% of the corporation was sold off, resulting in a shift away from direct involvement in day-to-day operations related to long-term care and rehabilitative services.
Despite this organizational change, Mount Anthony Housing Corporation's legacy of catering to the senior community and offering vital healthcare services remains impactful. Its commitment to providing quality care and support for residents in need of specialized living arrangements has left a lasting mark on the community's well-being.
This information is meant to be a general summary of Mount Anthony Housing Corporation. 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: $383,874
- Program Service Revenue: $54,979
- Gross Receipts: $603,121
Assets and Liabilities:
- Total Assets: $9,042,420
- Total Liabilities: $480,933
- Net Assets: $8,561,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT REVENUE
Revenue
$54,979
Organization Details
Founding Year
1981
Phone
(802) 447-1547Principal Officer
Thomas Dee
Main Address
160 HOSPITAL DRIVE, BENNINGTON, VT, 05201
Website
www.svhealthcare.orgNTEE Category
Code: E91Z - Health
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