Overview
What is Providence Rest?
Providence Rest, also known as ArchCare at Providence Rest, is a nonprofit skilled nursing and rehabilitation center located in the Bronx, New York, with a focus on serving older adults. Their mission is to provide exceptional care in a peaceful and spiritual environment, considering each resident as a precious gift of life and love. They offer short-term rehabilitation, subacute services, long-term care, respite care, palliative care, and in-patient home hospice care. With a team of 240 employees, they had 467 admissions and discharged 186 residents back to their homes in 2022. Providence Rest not only caters to the physical needs of its residents but also addresses their spiritual, psychological, and social needs. In addition, they extend their reach to the community through various outreach efforts such as internship programs, community information programs, health fair participation, and serving as a polling site for the Board of Elections.
Official website here: www.providencerest.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Providence Rest has achieved an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scores particularly well in areas such as program expense ratio, where an impressive 85.50% of its expenses are directed towards its programs. This suggests a strong commitment to its mission and effective use of resources.
The charity demonstrates strong governance practices with 71% of its board members being independent, ensuring oversight and reducing potential conflicts of interest. Additionally, it has established comprehensive policies, including conflict of interest, whistleblower, and document retention, which are vital for maintaining transparency and accountability.
However, while the financial indicators are positive, the three-star rating suggests there may still be areas for improvement. Stakeholders might look for further enhancements in operational efficiency or broader outreach to maximize the organization's impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Rest legitimate?
Providence Rest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Rest 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: $321,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,838,602
For more financial information, click here
Official website here: www.providencerest.org
What is the mission statement of Providence Rest?
Providence Rest is dedicated to delivering exceptional skilled nursing and rehabilitative care to the elderly community. Their mission goes beyond medical treatment, focusing on providing care in a peaceful, spiritually-centered environment. They regard each resident as a precious gift of life and love, with unique needs, interests, and preferences. The staff is fully committed to creating a harmonious community, with residents at the center, surrounded by families, friends, and caregivers. The goal is to create a happy home where everyone works together to meet the residents' physical, emotional, and spiritual needs.
Official website here: www.providencerest.org
Who is the CEO of Providence Rest?
Sister Seline Flores is the CEO of Providence Rest The CEO's salary of Providence Rest is $0 and their total compensation is $0.
Official website here: www.providencerest.org
What is the revenue of Providence Rest?
Providence Rest's revenue in 2023 was $34,354,575.
Official website here: www.providencerest.org
Who are the executives of Providence Rest and what are their salaries?
The average compensation at Providence Rest during 2023 was $43,257. There are 258 employees and 26 volunteers at Providence Rest.
Here are 31 key members and their salaries (Providence Rest's CEO's salary is $0 and their total compensation is $0):
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- Other: $309,335
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- Compensation: $254,803
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- Other: $86,360
- Compensation: $183,951
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- Compensation: $133,815
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- Compensation: $132,243
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- Compensation: $125,528
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- Other: $5,909
- Compensation: $125,075
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Official website here: www.providencerest.org
Where can I find the form 990 for Providence Rest?
Providence Rest's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.providencerest.org
Learn more at the official website: www.providencerest.org
Mission Statement of Providence Rest
Providence Rest is a nonprofit organization dedicated to providing exceptional, skilled nursing and rehabilitative care to older adults in a peaceful, spiritually-centered environment. The institution's mission is to care for each resident as a precious gift of life and love, prioritizing their autonomy, individual needs, interests, and preferences.
At Providence Rest, the older adults are considered the center of a circle of community. Surrounding them are dedicated staff members, families, and friends. Every team member is involved in the daily lives of the residents, creating a harmonious care environment where everyone works together to ensure a happy home.
Providence Rest's staff is fully committed to providing compassionate care, recognizing each resident's unique needs. They strive to create a safe and serene atmosphere where older adults can thrive and live their lives to the fullest. The nonprofit organization is motivated by its belief in the inherent worth and dignity of every individual, and it is dedicated to honoring that worth through its exceptional care services.
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Impact
October, 2024
Providence Rest plays a vital role in enhancing the quality of life for older adults in the Bronx, NY. By providing comprehensive inpatient medical care, including short-term rehabilitation, subacute services, long-term care, and respite care, it ensures that the physical, spiritual, psychological, and social needs of each resident are met. In 2022, Providence Rest admitted 467 individuals, successfully discharging 186 back to their homes, which highlights its effectiveness in rehabilitative care.
With a focus on person-centered care, Providence Rest fosters a nurturing environment where each individual's unique needs and preferences are recognized and respected. The institution also extends its reach beyond its facilities through community engagement initiatives, such as health fairs and internship programs, helping to bridge the gap between residents and the wider community.
Moreover, Providence Rest's commitment to offering palliative care and in-patient hospice services underscores its dedication to providing compassionate care during critical times in individuals' lives. By serving as a new, handicapped-accessible polling site, it further demonstrates its role as a community-centric organization that prioritizes accessibility and inclusivity.
Through these multifaceted services and outreach efforts, Providence Rest not only supports the older adults in its care but also strengthens the overall fabric of the community by promoting health, wellness, and harmony among residents and their families.
This information is meant to be a general summary of Providence Rest. 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: $223,907
- Program Service Revenue: $32,474,620
- Gross Receipts: $38,193,563
Assets and Liabilities:
- Total Assets: $31,027,186
- Total Liabilities: $27,398,854
- Net Assets: $3,628,332
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID REVENUE
Revenue
$15,869,764
MEDICARE REVENUE
Revenue
$8,535,202
PRIVATE PAY AND OTHER
Revenue
$4,836,803
OTHER PATIENT REVENUE
Revenue
$3,232,851
Organization Details
Founding Year
1956
Principal Officer
Scott P La Rue
Website
www.providencerest.orgNTEE Category
Code: E910 - Health
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