Overview
What is Teresian House Nursing Home Co Inc?
Teresian House Nursing Home Co Inc is a distinguished 300-bed nursing facility situated in Albany, New York, under the auspices of the Roman Catholic Diocese of Albany and served by the Carmelite Sisters for the Aged and Infirm. The home is renowned for its innovative approach to elder care, focusing on Resident Centered Care, which prioritizes residents' preferences and fosters a homely, comfortable, and safe environment. With a commitment to quality, Teresian House offers each resident a private room and bath, enabling them to pursue personal interests in a warm and nurturing atmosphere overseen by a dedicated staff. The mission of Teresian House aligns with the theology, philosophy, teachings, and doctrines of the Roman Catholic Church, building on the mission, philosophy, and values of the Carmelite Sisters For the Aged and Infirm. The organization employs a total workforce of 658 individuals.
Official website here: www.teresianhouse.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Teresian House Nursing Home Co Inc has earned a high rating of 96% from Charity Navigator, reflecting strong performance in accountability and finance. The organization has maintained a fully independent board, which enhances its governance structure and ensures unbiased decision-making. The financial oversight is robust, with no material diversion of assets reported, indicating a high level of fiscal responsibility.
The nonprofit demonstrates effective financial management, highlighted by a program expense ratio of nearly 92%, meaning that a significant portion of its resources is directed toward program services rather than administrative costs. This efficiency underscores the organization's commitment to its mission and the communities it serves. Additionally, its comprehensive policies, including those on conflict of interest and whistleblower protections, further bolster its credibility and operational integrity.
Despite its high rating, the summary does not mention any specific areas for improvement, which suggests that the organization is performing well overall. Stakeholders can feel confident in the effective use of funds and governance practices of Teresian House Nursing Home Co Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Teresian House Nursing Home Co Inc legitimate?
Teresian House Nursing Home Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teresian House Nursing Home Co 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: $545,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,262,546
For more financial information, click here
Official website here: www.teresianhouse.com
What is the mission statement of Teresian House Nursing Home Co Inc?
Teresian House Nursing Home is dedicated to delivering care and services in alignment with the teachings and doctrines of the Roman Catholic Church. The Carmelite Sisters For the Aged and Infirm play a significant role in shaping the mission, philosophy, and values of this institution. Teresian House is known for its innovative approach to elder care, specifically Resident Centered Care, which prioritizes resident preferences and fosters a homelike atmosphere. Each resident enjoys a private room, personalized care, and opportunities to pursue individual interests in a warm and nurturing environment. A team of dedicated staff members oversees the provision of 24/7 skilled nursing care.
Official website here: www.teresianhouse.com
Who is the CEO of Teresian House Nursing Home Co Inc?
Frank K Yeboah is the Administrator of Teresian House Nursing Home Co Inc.
Official website here: www.teresianhouse.com
What is the revenue of Teresian House Nursing Home Co Inc?
Teresian House Nursing Home Co Inc's revenue in 2022 was $29,668,316.
Official website here: www.teresianhouse.com
Who are the executives of Teresian House Nursing Home Co Inc and what are their salaries?
The average compensation at Teresian House Nursing Home Co Inc during 2022 was $25,543. There are 658 employees and 23 volunteers at Teresian House Nursing Home Co Inc.
Here are 29 key members and their salaries:
- Compensation: $237,265
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- Other: $29,577
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Official website here: www.teresianhouse.com
Where can I find the form 990 for Teresian House Nursing Home Co Inc?
Teresian House Nursing Home Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.teresianhouse.com
Learn more at the official website: www.teresianhouse.com
Mission Statement of Teresian House Nursing Home Co Inc
Teresian House Nursing Home Co Inc, a respected nursing home institution, is dedicated to delivering care and services in alignment with the teachings and values of the Roman Catholic Church. The Carmelite Sisters For the Aged and Infirm oversee the home's operations, adding to its mission and philosophy.
Boasting a 300-bed capacity, Teresian House is recognized as a pioneer in innovative and top-notch care for the elderly. One of its key focuses is Resident Centered Care which emphasizes respecting individual preferences, creating a warm and homelike atmosphere. Each resident enjoys a private room and bath, and the opportunity to pursue personal interests in a caring and dedicated environment. Skilled nursing care is available around the clock.
The Carmelite Sisters for the Aged and Infirm, in partnership with the Roman Catholic Diocese of Albany, sponsor Teresian House. Their mission and values are deeply ingrained in the nursing home's culture, providing a nurturing environment where the elderly receive compassionate care. The skilled team at Teresian House is committed to ensuring that each resident feels safe, comfortable, and at ease.
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Impact
October, 2024
Teresian House Nursing Home Co Inc significantly impacts the community by providing compassionate, high-quality care to the elderly. Its 300-bed skilled nursing facility is dedicated to fostering a nurturing and homelike environment, ensuring that each resident's preferences and individual needs are prioritized. By implementing Resident Centered Care, Teresian House creates small neighborhoods that enhance the sense of comfort, safety, and belonging for residents.
The facility is backed by the principles of the Roman Catholic Church and the Carmelite Sisters for the Aged and Infirm, which guide its mission and philosophy. Teresian House's commitment to offering private rooms and personalized care ensures that residents receive not only medical attention but also emotional support and engagement in their interests. With 24-hour skilled nursing care, the team at Teresian House addresses both physical and emotional well-being, making it a respected leader in elderly care.
Through its innovative approaches and dedication to quality, Teresian House plays a vital role in improving the quality of life for seniors, underscoring the importance of dignity, respect, and community connection in the later stages of life.
This information is meant to be a general summary of Teresian House Nursing Home Co 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.
- Program Service Revenue: $29,953,428
- Gross Receipts: $29,668,316
Assets and Liabilities:
- Total Assets: $17,998,170
- Total Liabilities: $6,132,612
- Net Assets: $11,865,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Service Revenue
Revenue
$28,731,097
Grant Revenue
Revenue
$950,052
Other Operating Revenue
Revenue
$272,279
Organization Details
Founding Year
1970
Phone
(518) 456-2000Principal Officer
Frank K Yeboah
Main Address
200 Washington Avenue Extension, Albany, NY, 12203
Website
www.teresianhouse.comNTEE Category
Code: E910 - Health
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