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Hoosick Falls Health Center Inc

Center For Nursing And Rehabilitation At Hoosick Falls

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141370000 ✦ Hoosick falls, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hoosick Falls Health Center Inc?

Hoosick Falls Health Center Inc is a nonprofit organization based in Hoosick Falls, New York. Their primary focus is to offer long-term care and rehabilitation services in the local area. The center, also known as the Center for Nursing and Rehabilitation at Hoosick Falls, has 82 skilled nursing beds and provides 24/7 healthcare in a homelike environment. Their mission is to prioritize resident-centered care, ensuring each individual has the chance to reach their full potential. With a team of 137 dedicated professionals, Hoosick Falls Health Center Inc strives to offer excellent nursing care, nutritious meals, and a supportive and caring atmosphere. The center served a total of 17,780 patient/resident days during the year, demonstrating their commitment to the community's health and wellbeing.


Official website here: www.nursingandrehab.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Hoosick Falls Health Center Inc has received a Three-Star rating from Charity Navigator, reflecting a score of 81% based entirely on Accountability & Finance. The strong performance in this category indicates effective management of resources and adherence to financial standards, which is crucial for donor confidence and operational transparency.

The organization boasts an independent board with a majority of its members being independent, providing a solid governance framework. It has also scored well in areas such as financial audits and conflict of interest policies, which further assure stakeholders of its commitment to ethical practices and sound financial oversight.

However, the organization has a significant concern regarding its liabilities to assets ratio, which stands at 213.54%. This high ratio may indicate potential financial instability, raising questions about long-term sustainability. While its program expense ratio is strong at 85.51%, the overall financial health needs to be monitored closely, particularly in relation to its liabilities.


This AI summary has been generated from information found on Charity Navigator.

Is Hoosick Falls Health Center Inc legitimate?

Hoosick Falls Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoosick Falls Health Center 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: $104,918
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,809,539

For more financial information, click here


Official website here: www.nursingandrehab.org

What is the mission statement of Hoosick Falls Health Center Inc?

Hoosick Falls Health Center Inc's mission is centered around providing rehabilitation and long-term care services to those in need. The center strives to offer resident-centered care in its 82-bed skilled nursing facility, allowing each resident an opportunity to reach their maximum potential. Operating as a 24/7 healthcare facility, Hoosick Falls Health Center provides a homelike atmosphere to its patients, ensuring they receive comprehensive care. The center's focus includes developing, managing, and operating nursing home care, specializing in long-term care and rehabilitation services. It prides itself on offering excellent nursing care, nutritious meals, and a supportive and caring environment.


Official website here: www.nursingandrehab.org

Who is the CEO of Hoosick Falls Health Center Inc?

Gregory Laurin is the President of Hoosick Falls Health Center Inc.


Official website here: www.nursingandrehab.org

What is the revenue of Hoosick Falls Health Center Inc?

Hoosick Falls Health Center Inc's revenue in 2022 was $4,800,922.


Official website here: www.nursingandrehab.org

Who are the executives of Hoosick Falls Health Center Inc and what are their salaries?

The average compensation at Hoosick Falls Health Center Inc during 2022 was $21,273. There are 137 employees and 8 volunteers at Hoosick Falls Health Center Inc.


Here are 9 key members and their salaries:


Stephen D Majetich (Treasurer & Cfo)
  • Compensation: $0
  • Related: $787,032
  • Other: $133,482
Gregory Laurin (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Koester (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Davis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Cottrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Facin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Dailey (Director)
  • Compensation: $0
  • Related: $397,185
  • Other: $87,841
Meagan Mosso (Administrator)
  • Compensation: $91,342
  • Related: $0
  • Other: $13,576


Official website here: www.nursingandrehab.org

Where can I find the form 990 for Hoosick Falls Health Center Inc?

Hoosick Falls Health Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nursingandrehab.org

Learn more at the official website: www.nursingandrehab.org

Mission Statement of Hoosick Falls Health Center Inc

Hoosick Falls Health Center Inc, as a mission-driven organization, is dedicated to providing rehabilitation and long-term care services to individuals in need. They strive to create a resident-centered care environment in their 82-bed skilled nursing facility, ensuring each resident has the opportunity to reach their maximum potential. Operating as an 82-bed skilled nursing home facility, Hoosick Falls Health Center offers 24-hour, 7-day-week healthcare to those in need, all within a home-like atmosphere. The center prioritizes developing, managing, and operating nursing home care in the Hoosick Falls, New York area, providing services to the community with a focus on long-term care and rehabilitation services. Hoosick Falls Health Center is renowned for its excellent nursing care, nutritious meals, and friendly and helpful staff, all contributing to a supportive and caring environment for its residents.

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Impact




October, 2024

Hoosick Falls Health Center Inc plays a crucial role in the Hoosick Falls community by offering high-quality rehabilitation and long-term care services to individuals in need. With an 82-bed skilled nursing facility, the center provides 24/7 healthcare in a supportive and homelike environment, enabling residents to achieve their maximum potential.

The center's commitment to resident-centered care ensures that each individual receives personalized support tailored to their unique needs. This focus on quality care not only addresses the physical rehabilitation requirements of residents but also emphasizes their emotional and social well-being.

During the year, the facility recorded a total of 17,780 patient and resident days, highlighting its significant impact on the lives of many in the community. By prioritizing excellent nursing care, nutritious meals, and a friendly atmosphere, Hoosick Falls Health Center Inc fosters a sense of belonging and enhances the quality of life for its residents, making it an invaluable asset to the community.




This information is meant to be a general summary of Hoosick Falls Health Center 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.

Revenue
$4,800,922 (2022)
Expenses
$7,130,697 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $71
  • Program Service Revenue: $4,540,676
  • Gross Receipts: $4,800,922

Assets and Liabilities:

  • Total Assets: $4,891,140
  • Total Liabilities: $10,444,944
  • Net Assets: -$5,553,804

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICAID REVENUE

Revenue

$2,968,596

PRIVATE PATIENT REVENU

Revenue

$929,417

MEDICARE REVENUE

Revenue

$642,663

Organization Details

Founding Year

1914

Principal Officer

Gregory Laurin

Main Address

21 DANFORTH STREET, HOOSICK FALLS, NY, 12090

NTEE Category

Code: E910 - Health

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