Overview
What is Steere House Nursing & Rehabilitation Center?
Steere House Nursing & Rehabilitation Center is a nonprofit institution located at 100 Borden Street, Providence, RI 02903. Its primary mission is to offer skilled, restorative, and long-term care services to adults in a secure and caring environment. The center specializes in rehabilitative care, catering to individuals seeking to recover from illnesses or injuries. Moreover, Steere House provides long-term support and care to those suffering from conditions like Alzheimer's and memory loss. Beyond its clinical services, the center also fosters educational and research experiences to improve the overall care provided to their clients. The organization employs 151 individuals to carry out its mission.
Official website here: www.steerehouse.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Steere House Nursing & Rehabilitation Center has achieved a Three-Star rating due to its solid performance in accountability and finance, scoring 81%. This rating reflects the organization's strong governance practices, including a fully independent board of directors and comprehensive policies in place to manage conflicts of interest, whistleblower protections, and document retention. These factors contribute to a transparent operational structure, which is a significant strength for the nonprofit.
The organization demonstrates a commendable program expense ratio of 85.28%, indicating that a large percentage of its resources are directed toward its programs rather than administrative costs. Furthermore, Steere House maintains a low liabilities to assets ratio of 38.64%, showcasing its financial stability and prudent management of resources. This financial health supports its mission and enhances its credibility among donors and the community.
Despite its positive attributes, it is important for potential supporters to consider the limitations inherent in a single beacon score rating. While the accountability and financial aspects are well-covered, potential beneficiaries or stakeholders might seek additional insights into program effectiveness or qualitative outcomes, which are not reflected in this score.
This AI summary has been generated from information found on Charity Navigator.
Is Steere House Nursing & Rehabilitation Center legitimate?
Steere House Nursing & Rehabilitation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steere House Nursing & Rehabilitation Center 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: $474,524
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,862,560
For more financial information, click here
Official website here: www.steerehouse.org
What is the mission statement of Steere House Nursing & Rehabilitation Center?
The Steere House Nursing & Rehabilitation Center's mission is centered around serving adults who require skilled, restorative, and long-term care services. This is done in a secure and compassionate environment. Furthermore, the center offers educational and research opportunities to enhance the care provided to those under its care. The primary services provided include rehabilitative nursing care, transitional support, and long-term care for individuals with Alzheimer's and memory loss.
Official website here: www.steerehouse.org
What is the revenue of Steere House Nursing & Rehabilitation Center?
Steere House Nursing & Rehabilitation Center's revenue in 2023 was $17,813,342.
Official website here: www.steerehouse.org
Who are the executives of Steere House Nursing & Rehabilitation Center and what are their salaries?
The average compensation at Steere House Nursing & Rehabilitation Center during 2023 was $43,935. There are 167 employees at Steere House Nursing & Rehabilitation Center.
Here are 20 key members and their salaries:
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- Compensation: $184,020
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- Other: $12,917
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- Compensation: $159,637
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- Compensation: $155,780
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- Other: $13,033
- Compensation: $152,501
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- Other: $13,185
- Compensation: $152,010
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- Other: $10,862
- Compensation: $126,664
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- Other: $9,389
- Compensation: $110,690
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- Other: $2,219
Official website here: www.steerehouse.org
Where can I find the form 990 for Steere House Nursing & Rehabilitation Center?
Steere House Nursing & Rehabilitation Center's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.steerehouse.org
Learn more at the official website: www.steerehouse.org
Mission Statement of Steere House Nursing & Rehabilitation Center
Steere House Nursing & Rehabilitation Center is dedicated to serving adults who require skilled, restorative, and long-term care services. This center operates within a secure and compassionate environment, ensuring the well-being of its residents. Beyond providing care, Steere House also offers educational and research experiences that aim to enhance the care provided to its patients. The center's mission is to cater to the needs of adults who may be undergoing rehabilitation, or require long-term support, especially those dealing with conditions like Alzheimer's and memory loss.
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Impact
July, 2024
Steere House Nursing & Rehabilitation Center has a significant impact on the community by providing high-quality rehabilitative, skilled, and transitional nursing care to adults in need. Additionally, the center offers long-term support and care to individuals with Alzheimer's and memory loss, ensuring they receive the specialized attention and services they require. Through its commitment to creating a secure and caring environment, Steere House positively impacts the lives of those it serves and their families. The educational and research experiences provided by the center further enhance the quality of care offered, contributing to the betterment of healthcare practices in the field.
This information is meant to be a general summary of Steere House Nursing & Rehabilitation Center. 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 2023.
- Investment Income: $558,180
- Program Service Revenue: $12,452,066
- Gross Receipts: $21,438,890
Assets and Liabilities:
- Total Assets: $28,365,776
- Total Liabilities: $10,961,312
- Net Assets: $17,404,464
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$12,452,066
Organization Details
Founding Year
1874
Principal Officer
Joshua Segal
Website
www.steerehouse.orgNTEE Category
Code: E910 - Health
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