Overview
What is Bethel Methodist Home?
Bethel Methodist Home is a nonprofit organization dedicated to empowering seniors by promoting the concept of aging in place. They provide both community services and residential options, enabling seniors to make informed decisions for themselves and their families regarding their later years. By offering a range of choices, Bethel Methodist Home ensures that the elderly population can maintain their independence and dignity while receiving necessary support and care when needed.
Official website here: www.bethelwell.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 64%)
Bethel Methodist Home has received a two-star rating from Charity Navigator, indicating that there are areas requiring improvement, particularly in financial management and program expenses. The organization boasts a perfect score in accountability and finance, highlighting the integrity of its board with 100% independent members and a robust audit and oversight committee. However, the liabilities-to-assets ratio is concerning at 105.19%, signaling potential financial instability.
The organization allocates approximately 56.62% of its expenses to programs, which falls short of the standard expectations for nonprofits. This lower program expense ratio suggests that more of the budget could be directed towards direct services, raising questions about the effectiveness of resource allocation. Additionally, while the organization has numerous policies in place, it lacks transparency in posting its tax forms on its website, which could hinder public trust.
Leadership salaries at Bethel Methodist Home appear notably high, with the CEO earning $695,230, which may contribute to concerns around financial sustainability and prioritization of funds. Overall, while the organization demonstrates accountability and governance strengths, these financial issues and high administrative costs indicate a need for strategic reassessment to enhance its overall performance and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Bethel Methodist Home legitimate?
Bethel Methodist Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel Methodist Home 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: $1,797,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,449,322
For more financial information, click here
Official website here: www.bethelwell.org
What is the mission statement of Bethel Methodist Home?
Bethel Methodist Home is committed to enabling seniors to age in place through the provision of community services and residential options. This approach empowers older adults to make the best decisions for themselves and their families. By promoting this philosophy, Bethel Methodist Home aims to offer seniors the flexibility and autonomy to choose what suits them best. The organization's mission is geared towards enhancing the living experience for seniors, allowing them to maintain their independence and dignity. Bethel Methodist Home's dedication to senior care goes beyond residential options, as they also offer a range of community services to support seniors in their daily lives.
Official website here: www.bethelwell.org
Who is the CEO of Bethel Methodist Home?
Anastasios Markopoulos is the Ceo of Bethel Methodist Home. The CEO's salary of Bethel Methodist Home is $695,230 and their total compensation is $705,431.
Official website here: www.bethelwell.org
What is the revenue of Bethel Methodist Home?
Bethel Methodist Home's revenue in 2022 was $18,303,845.
Official website here: www.bethelwell.org
Who are the executives of Bethel Methodist Home and what are their salaries?
The average compensation at Bethel Methodist Home during 2022 was $58,930. There are 106 employees at Bethel Methodist Home.
Here are 12 key members and their salaries (Bethel Methodist Home's CEO's salary is $695,230 and their total compensation is $705,431):
- Compensation: $695,230
- Related: $0
- Other: $10,201
- Compensation: $574,398
- Related: $0
- Other: $10,201
- Compensation: $198,101
- Related: $0
- Other: $12,209
- Compensation: $171,592
- Related: $0
- Other: $9,382
- Compensation: $157,903
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bethelwell.org
Where can I find the form 990 for Bethel Methodist Home?
Bethel Methodist Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bethelwell.org
Learn more at the official website: www.bethelwell.org
Mission Statement of Bethel Methodist Home
Bethel Methodist Home, a reputed nonprofit organization, is committed to the philosophy of aging in place. By offering a range of community services and residential options, Bethel empowers seniors to make the best choices for themselves and their families.
The mission of Bethel Methodist Home is simple yet impactful. It advocates for seniors to age in their preferred environment, providing them with the necessary support and resources to do so. Through its community programs and residential options, Bethel enables seniors to maintain their independence and dignity, ensuring they receive the care they need while living comfortably.
In essence, Bethel Methodist Home is more than just a living facility. It is a community that cherishes the unique needs and desires of its senior members. By offering a variety of services tailored to each individual, Bethel ensures that every senior can age with grace, confidence, and a sense of purpose.
From community outreach programs to residential living options, Bethel Methodist Home is dedicated to nurturing the physical, emotional, and social well-being of its seniors. By embracing the philosophy of aging in place, Bethel offers a new perspective on the aging process, one that emphasizes choice, independence, and dignity.
In summary, Bethel Methodist Home is a beacon of hope and support for seniors. Its mission to promote the philosophy of aging in place is a testament to its commitment to nurturing the well-being of its members, allowing them to live their golden years with dignity, independence, and peace of mind.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Bethel Methodist Home plays a crucial role in enhancing the quality of life for seniors in Ossining, NY. By promoting the philosophy of aging in place, Bethel empowers older adults to remain in familiar environments while receiving the support they need. This approach not only respects the preferences of seniors but also fosters independence and dignity.
Through a range of community services and residential options, Bethel enables seniors to make informed choices that best suit their individual needs and those of their families. This holistic approach creates a supportive network that enriches lives, ensuring that older adults have access to the resources and care necessary for healthy living. By prioritizing personalized care and community engagement, Bethel Methodist Home significantly impacts the wellbeing of seniors, enhancing their overall experience in their later years.
This information is meant to be a general summary of Bethel Methodist Home. 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: $6,597
- Program Service Revenue: $16,074,924
- Gross Receipts: $18,303,845
Assets and Liabilities:
- Total Assets: $65,464,351
- Total Liabilities: $68,867,907
- Net Assets: -$3,403,556
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CORPORATE MGT. FEE
Revenue
$4,406,271
OPERATING SUPPORT SERVICES
Revenue
$11,668,653
Organization Details
Founding Year
1927
Principal Officer
Anastasios Markopoulos
Main Address
17-19 NARRAGANSETT AVENUE, OSSINING, NY, 10562
Website
www.bethelwell.orgNTEE Category
Code: E91Z - Health
If you are a representative of Bethel Methodist Home and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.