Overview
What is Lm Long Term Care Services Inc?
Lm Long Term Care Services Inc, located in Medford, Massachusetts, is a nonprofit organization with a mission to establish, acquire, operate, and maintain nursing homes and long-term care facilities within the state. By adhering to their licensure and tax-exempt purposes, they provide essential medical, educational, and charitable services. This commitment extends beyond the operation of these facilities, as they aim to improve the lives of their clients through these services.
Official website here: www.melrosewakefield.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Stars
Lm Long Term Care Services Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This rating is based on a comprehensive analysis of their financial practices, with a particular emphasis on their exemplary management of assets and expenses. The organization's fiscal responsibility is highlighted by a very low liabilities to assets ratio and an impressive program expense ratio of 99.65%, indicating that a significant portion of their funds is directed towards their charitable programs.
The accountability score showcases the nonprofit's commitment to transparency and ethical governance. Key policies such as their conflict of interest, whistleblower, and document retention policies are all in place, earning full points in these areas. Additionally, the availability of board meeting minutes indicates a level of openness in their operations, which is crucial for donor confidence and community trust.
However, while the organization excels in financial metrics, the overall score is derived solely from the accountability and finance beacon. Future evaluations might benefit from a broader assessment of program effectiveness and impact on the community served to provide a more comprehensive picture of their operations. Overall, Lm Long Term Care Services Inc demonstrates strong financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lm Long Term Care Services Inc legitimate?
Lm Long Term Care Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lm Long Term Care Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.melrosewakefield.org
What is the mission statement of Lm Long Term Care Services Inc?
Lm Long Term Care Services Inc's mission is centered around establishing, acquiring, operating, and maintaining nursing homes and long-term care facilities. This organization also extends its services to provide medical, educational, and charitable assistance, all in line with its tax-exempt purposes. The primary objective is to cater to the needs of individuals requiring long-term care, adhering to their licensure guidelines. The organization's activities are geared towards offering medical care, educational resources, and charitable aid, ensuring consistency with its purpose and license.
Official website here: www.melrosewakefield.org
Who is the CEO of Lm Long Term Care Services Inc?
Kelly Corbi is the President/Director of Lm Long Term Care Services Inc. The CEO's salary of Lm Long Term Care Services Inc is $0 and their total compensation is $325,000.
Official website here: www.melrosewakefield.org
What is the revenue of Lm Long Term Care Services Inc?
Lm Long Term Care Services Inc's revenue in 2022 was $18,987.
Official website here: www.melrosewakefield.org
Who are the executives of Lm Long Term Care Services Inc and what are their salaries?
Here are 7 key members and their salaries (Lm Long Term Care Services Inc's CEO's salary is $0 and their total compensation is $325,000):
- Compensation: $0
- Related: $381,654
- Other: $42,882
- Compensation: $0
- Related: $509,944
- Other: $20,328
- Compensation: $0
- Related: $325,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $75,084
- Other: $11,591
- Compensation: $0
- Related: $668,588
- Other: $21,341
- Compensation: $0
- Related: $338,218
- Other: $0
Official website here: www.melrosewakefield.org
Where can I find the form 990 for Lm Long Term Care Services Inc?
Lm Long Term Care Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.melrosewakefield.org
Learn more at the official website: www.melrosewakefield.org
Mission Statement of Lm Long Term Care Services Inc
Lm Long Term Care Services Inc, as a nonprofit organization, is committed to establishing, acquiring, operating, and maintaining nursing homes and long-term care facilities in Massachusetts. Their mission is to provide medical, educational, and charitable services that align with their licensure and the organization's tax-exempt purposes. In essence, Lm Long Term Care Services Inc seeks to cater to the needs of individuals requiring long-term care, offering them a safe and nurturing environment while providing essential medical and educational assistance. The organization's operations are geared towards enhancing the quality of life for its residents, ensuring they receive the care they need to live comfortably and with dignity.
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Impact
October, 2024
Lm Long Term Care Services Inc significantly impacts the health and well-being of communities in Massachusetts through the establishment, acquisition, operation, and maintenance of nursing homes and long-term care facilities. By providing essential medical services, education, and charitable support, the organization addresses the needs of residents requiring specialized care. Its facilities not only ensure quality care for elderly and disabled individuals but also foster an environment that emphasizes dignity, respect, and personal growth. Additionally, the provision of educational resources enhances the overall health literacy of both residents and their families, promoting better health outcomes. This comprehensive approach to long-term care underscores Lm Long Term Care Services Inc’s commitment to improving the quality of life for vulnerable populations in the region.
This information is meant to be a general summary of Lm Long Term Care Services 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: $681
- Program Service Revenue: $18,306
- Gross Receipts: $18,987
Assets and Liabilities:
- Total Assets: $193,965
- Total Liabilities: $4,704
- Net Assets: $189,261
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INVEST: NURSING HOME
Revenue
$18,306
Organization Details
Founding Year
1986
Phone
(781) 979-3000Principal Officer
Kelly Corbi
Main Address
170 GOVERNORS AVENUE, MEDFORD, MA, 02155
Website
www.melrosewakefield.orgNTEE Category
Code: E91 - Health
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