Overview
What is Riseboro Homecare Inc?
Riseboro Homecare Inc is a New York State Department of Health-licensed home health agency based in Brooklyn, New York. With a workforce of 1,200 employees, they are dedicated to providing quality, compassionate home care services to the frail, elderly, and disabled individuals, regardless of race, ethnicity, sexual orientation, economic resources, developmental disabilities, or other medical conditions. Their mission is to help clients maintain their independence by assisting them with activities of daily living and enabling them to function as independently as possible in their community. This is accomplished through dignified, culturally sensitive, accessible, and quality homecare services delivered in an individualized and family-centered environment. Empowering individuals and their families or informal supports to improve and achieve a better quality of life in healthy home environments is a key aspect of Riseboro Homecare's mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Star Rating)
Riseboro Homecare Inc has earned a commendable Three-Star rating from Charity Navigator, indicating a strong performance in accountability and financial health. With an overall score of 89%, the organization demonstrates a solid commitment to maintaining a majority independent board and follows best practices in financial oversight, evidenced by a 100% independent board and robust policies on conflict of interest and whistleblowing.
The nonprofit's program expense ratio is particularly impressive at 91.15%, reflecting a high percentage of its expenses directed toward its programs rather than administrative costs. This suggests that Riseboro Homecare Inc prioritizes its mission and maximizes the impact of its resources on the community it serves. Furthermore, the organization has no reported material diversion of assets, which strengthens its credibility.
However, the liabilities to assets ratio stands at 56.59%, which may indicate a moderate level of financial leverage. While this is not uncommon for nonprofits, it suggests that stakeholders should monitor financial practices closely to ensure ongoing stability. Overall, the organization showcases strong operational practices, but it's essential for potential donors and supporters to remain aware of its financial management trends.
This AI summary has been generated from information found on Charity Navigator.
Is Riseboro Homecare Inc legitimate?
Riseboro Homecare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riseboro Homecare 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: $23,757,579
For more financial information, click here
What is the mission statement of Riseboro Homecare Inc?
Riseboro Homecare Inc is dedicated to delivering comprehensive, high-quality home care services to the frail, elderly, and disabled, regardless of race, ethnicity, sexual orientation, economic resources, developmental disabilities, or other medical conditions. The agency's primary goal is to help clients maintain their independence by assisting them with activities of daily living, enabling them to function as independently as possible in their community while preserving their dignity and self-esteem. Riseboro Homecare achieves this through the provision of dignified, culturally sensitive, accessible home care services in an individualized and family-centered environment. The organization strives to empower individuals and their families or informal supports to enhance their quality of life and thrive in a healthy home environment.
Who is the CEO of Riseboro Homecare Inc?
Scott Short is the Chairperson of Riseboro Homecare Inc. The CEO's salary of Riseboro Homecare Inc is $0 and their total compensation is $591,433.
What is the revenue of Riseboro Homecare Inc?
Riseboro Homecare Inc's revenue in 2022 was $39,815,488.
Who are the executives of Riseboro Homecare Inc and what are their salaries?
The average compensation at Riseboro Homecare Inc during 2022 was $19,798. There are 1200 employees and 21 volunteers at Riseboro Homecare Inc.
Here are 18 key members and their salaries (Riseboro Homecare Inc's CEO's salary is $0 and their total compensation is $591,433):
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- Related: $74,526
- Other: $13,006
Where can I find the form 990 for Riseboro Homecare Inc?
Riseboro Homecare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Riseboro Homecare Inc
Riseboro Homecare Inc, a New York State Department of Health licensed home healthcare agency, is dedicated to providing comprehensive, quality home care services to the frail, elderly, and disabled population, regardless of race, ethnicity, sexual orientation, economic resources, developmental disabilities, or other medical conditions. The mission of Riseboro Homecare is to help clients maintain their independence and dignity by assisting them with activities of daily living, enabling them to function as independently as possible in their community.
The organization achieves this through the provision of dignified, culturally sensitive, accessible, and quality homecare services in an individualized and family-centered environment. Riseboro Homecare empowers individuals and their families or informal supports to improve and achieve a better quality of life in a healthy home environment. The agency's services are designed to assist clients with various aspects of daily living, allowing them to maintain their self-esteem and live with dignity. By offering compassionate and personalized care, Riseboro Homecare enables its clients to remain in their own homes and communities, fostering a sense of independence and well-being.
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Impact
October, 2024
Riseboro Homecare Inc significantly impacts the lives of frail, elderly, and disabled individuals in New York City by providing comprehensive and quality home care services. The organization is dedicated to empowering clients to maintain their independence through assistance with activities of daily living, allowing them to function as independently as possible within their communities.
By offering culturally sensitive and accessible services, Riseboro Homecare ensures that clients are treated with dignity and respect, regardless of their race, ethnicity, sexual orientation, economic background, or medical conditions. The focus on individualized and family-centered care fosters an environment where clients and their families are supported in achieving a better quality of life in a safe and healthy home environment.
Through its managed care program, Riseboro Homecare not only addresses the immediate needs of its clients but also promotes self-esteem and dignity, reinforcing the belief that everyone deserves compassionate and ethical support in their pursuit of a fulfilling life. This holistic approach to home care has a profound effect on enhancing the overall well-being of individuals and their families.
This information is meant to be a general summary of Riseboro Homecare 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: $12,856
- Program Service Revenue: $33,976,997
- Gross Receipts: $39,815,488
Assets and Liabilities:
- Total Assets: $12,545,079
- Total Liabilities: $6,935,834
- Net Assets: $5,609,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGED CARE INCOME
Revenue
$27,093,292
MEDICAID INCOME
Revenue
$6,883,705
Organization Details
Founding Year
1979
Phone
(718) 821-0254Principal Officer
Scott Short
Main Address
565 BUSHWICK AVENUE, BROOKLYN, NY, 11206
NTEE Category
Code: P40 - Human services
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