Overview
What is Scandinavian Home Inc?
Scandinavian Home Inc, also known as Scandinavian Communities, is a distinguished nonprofit organization located in Cranston, Rhode Island. Their primary focus is on operating a 74-bed nursing facility, providing a continuum of exceptional, compassionate, and innovative care. This care aims to help individuals attain optimal wellness and quality of life. Additionally, they operate an adjacent 35-unit assisted living facility. With a dedicated workforce of 195 employees, Scandinavian Home Inc is committed to offering comprehensive healthcare services, ensuring that their residents can live comfortably and with dignity.
Official website here: www.scandinaviancommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Scandinavian Home Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The charity received a perfect score of 100% in independent board member representation, indicating a robust governance structure. Additionally, the organization has demonstrated excellent oversight through its audit and finance committees, ensuring transparency and responsible stewardship of resources.
The financial health of Scandinavian Home Inc is underscored by a program expense ratio of 85.61%, which means that a significant majority of its funds are allocated directly to its programs rather than administrative costs. The organization has also maintained a low liabilities to assets ratio of 31.01%, suggesting a solid financial position and reduced risk. This financial prudence is complemented by clear policies on conflict of interest, whistleblower protections, and document retention.
While the rating is overwhelmingly positive, the summary lacks insights into specific programs or direct community impact, which could provide a fuller picture of the organization's effectiveness. However, the strong accountability indicators highlight a well-structured nonprofit that prioritizes ethical governance and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Scandinavian Home Inc?
86% of the 16 reviewers on Facebook recommend Scandinavian Home Inc. Here is a summary of their reviews:
Most users express a positive sentiment towards the nonprofit, describing it as a “real nice place.” This suggests that visitors find the atmosphere welcoming and pleasant, contributing to an overall feeling of satisfaction.
While the number of detailed reviews is limited, the supportive comments indicate that people appreciate the services offered by Scandinavian Home Inc. The prevailing sentiment suggests a level of trust and approval from the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Scandinavian Home Inc legitimate?
Scandinavian Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scandinavian 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: $377,206
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,790,443
For more financial information, click here
Official website here: www.scandinaviancommunities.org
What is the mission statement of Scandinavian Home Inc?
Scandinavian Home Inc's mission is centered around providing exceptional, compassionate, and innovative care. Their goal is to help those they serve attain optimal wellness and quality of life. Their operations include a 74-bed nursing facility and a 35-unit assisted living facility, both situated close to each other. The organization strives to deliver care that enables individuals under their care to thrive and live their lives to the fullest.
Official website here: www.scandinaviancommunities.org
Who is the CEO of Scandinavian Home Inc?
Colette Silverman is the Vp, President Eff. May 2022 of Scandinavian Home Inc.
Official website here: www.scandinaviancommunities.org
What is the revenue of Scandinavian Home Inc?
Scandinavian Home Inc's revenue in 2022 was $9,574,008.
Official website here: www.scandinaviancommunities.org
Who are the executives of Scandinavian Home Inc and what are their salaries?
The average compensation at Scandinavian Home Inc during 2022 was $26,501. There are 195 employees at Scandinavian Home Inc.
Here are 19 key members and their salaries:
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- Compensation: $125,345
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- Compensation: $109,705
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- Compensation: $101,634
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- Other: $14,434
Official website here: www.scandinaviancommunities.org
Where can I find the form 990 for Scandinavian Home Inc?
Scandinavian Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scandinaviancommunities.org
Learn more at the official website: www.scandinaviancommunities.org
Mission Statement of Scandinavian Home Inc
Scandinavian Home Inc, a nonprofit organization, is dedicated to providing a continuum of exceptional, compassionate, and innovative care. Their mission is to empower the individuals they serve to achieve optimal wellness and quality of life. To fulfill this mission, Scandinavian Home Inc operates two facilities side by side: a 74-bed nursing facility and a 35-unit assisted living facility. The nursing facility is designed to cater to the needs of its residents, offering them a supportive and nurturing environment.
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Impact
July, 2024
Scandinavian Home Inc's impact is centered around providing a continuum of excellent, compassionate, and innovative care to enable those they serve to attain optimal wellness and quality of life. Operating a 74-bed nursing facility and a 35-unit assisted living facility in Cranston, Rhode Island, Scandinavian Home Inc plays a crucial role in meeting the healthcare needs of the community, particularly in the realm of elderly care. By offering a range of services and a dedicated team of caregivers, Scandinavian Home Inc positively impacts the well-being and quality of life of its residents, ensuring they receive the support and assistance they need for a comfortable and fulfilling life.
This information is meant to be a general summary of Scandinavian 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: $363,603
- Program Service Revenue: $8,257,005
- Gross Receipts: $12,470,602
Assets and Liabilities:
- Total Assets: $12,534,198
- Total Liabilities: $3,887,878
- Net Assets: $8,646,320
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING HOME
Revenue
$6,870,817
ASSISTED LIVING
Revenue
$1,386,188
Organization Details
Founding Year
1930
Phone
(401) 461-1433Principal Officer
Colette Silverman
Main Address
1811 BROAD STREET, CRANSTON, RI, 02905
NTEE Category
Code: E91Z - Health
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