Overview
What is Springside At Seneca Hill Inc?
Springside At Seneca Hill Inc, situated in Oswego, New York, is a nonprofit organization primarily focused on providing affordable housing and essential services for individuals requiring independent living. This includes managing apartments and duplexes, alongside ensuring the necessary maintenance and operational costs are covered. The organization's mission, spearheaded by Oswego Health Inc, is to promote and deliver quality healthcare, thereby enhancing the well-being of the local community. With a workforce of approximately 20 employees, Springside At Seneca Hill Inc plays a significant role in improving the lives of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64%, Two-Star out of Four Star rating
Springside At Seneca Hill Inc has received a two-star rating from Charity Navigator, indicating a below-average performance in accountability and finance. While the organization enjoys a high score for its independent board composition and has established policies for conflict of interest and whistleblower protections, its overall financial management raises concerns, particularly with a liability to assets ratio of 70.04%.
The nonprofit has done well in demonstrating transparency through its program expense ratio of 81.20%, which suggests efficient use of funds towards its mission. However, critical shortcomings include the absence of a tax form on its website, which detracts from its commitment to transparency and accountability. This lack of information could hinder potential donors' ability to fully understand the organization’s financial health and operations.
Overall, while Springside At Seneca Hill Inc has strengths in governance and program spending, its financial stability issues and incomplete public disclosures limit its effectiveness and could affect stakeholder confidence. Addressing these areas could enhance its accountability and potentially improve its rating in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Springside At Seneca Hill Inc legitimate?
Springside At Seneca Hill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springside At Seneca Hill 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: $522,817
For more financial information, click here
What is the mission statement of Springside At Seneca Hill Inc?
Springside at Seneca Hill Inc, as an organization, is committed to providing accessible quality healthcare and enhancing the health of the community. Their mission, aligned with Oswego Health Inc., aims to deliver this care effectively, focusing on the needs of individuals requiring independent living. While the provided information primarily focuses on the financial aspects of owning and maintaining apartments and duplexes, it implies that Springside at Seneca Hill Inc's mission extends beyond just real estate, encompassing the well-being of the community as a whole.
Who is the CEO of Springside At Seneca Hill Inc?
Michael Backus is the Evp & Coo of Springside At Seneca Hill Inc. The CEO's salary of Springside At Seneca Hill Inc is $0 and their total compensation is $764,373.
What is the revenue of Springside At Seneca Hill Inc?
Springside At Seneca Hill Inc's revenue in 2022 was $1,541,066.
Who are the executives of Springside At Seneca Hill Inc and what are their salaries?
The average compensation at Springside At Seneca Hill Inc during 2022 was $26,141. There are 20 employees at Springside At Seneca Hill Inc.
Here are 21 key members and their salaries (Springside At Seneca Hill Inc's CEO's salary is $0 and their total compensation is $764,373):
- Compensation: $0
- Related: $747,653
- Other: $16,720
- Compensation: $0
- Related: $543,363
- Other: $23,516
- Compensation: $0
- Related: $379,966
- Other: $798
- Compensation: $0
- Related: $354,300
- Other: $9,948
- Compensation: $0
- Related: $198,891
- Other: $10,529
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Springside At Seneca Hill Inc?
Springside At Seneca Hill Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Springside At Seneca Hill Inc
Springside At Seneca Hill Inc, led by Oswego Health Inc, is committed to a mission that prioritizes providing accessible and high-quality healthcare to enhance the wellbeing of its community members. By serving as the sole member of this organization, Oswego Health Inc is dedicated to improving the health of residents within this community. While the information provided does not delve into the specifics of the services offered or the population served, it underscores Springside At Seneca Hill Inc's commitment to promoting health and wellbeing through quality care. The organization's mission is a testament to its dedication to making healthcare more accessible and ensuring that its community members can live healthier lives.
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Impact
October, 2024
Springside At Seneca Hill Inc serves a vital role in enhancing the health and well-being of the Oswego community by providing independent living options for individuals. By offering apartments and duplexes, the organization ensures that residents have safe and affordable housing. Additionally, it addresses the maintenance and operational needs associated with independent living, allowing residents to focus on their health and quality of life.
The impact of Springside At Seneca Hill Inc is significant; it fosters a supportive environment that caters to the needs of those seeking independence while maintaining access to quality care. The mission emphasizes accessible healthcare, which directly contributes to improving the health of residents. This holistic approach not only supports the physical well-being of individuals but also promotes a sense of community, encouraging social connections among residents.
Overall, Springside At Seneca Hill Inc is instrumental in enhancing the quality of life for its residents, ensuring they have the resources and support necessary to thrive in their independent living arrangements.
This information is meant to be a general summary of Springside At Seneca Hill 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: -$35,228
- Program Service Revenue: $1,529,404
- Gross Receipts: $1,541,066
Assets and Liabilities:
- Total Assets: $4,803,919
- Total Liabilities: $3,364,713
- Net Assets: $1,439,206
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dietary
Revenue
$4,561
Resident Rent & Services Fees
Revenue
$1,260,800
Misc Revenues
Revenue
$30,510
Amortization of Advanced Deposits
Revenue
$233,533
Organization Details
Founding Year
1998
Phone
(315) 349-5531Principal Officer
Michael Backus
Main Address
110 West Sixth Street, Oswego, NY, 13126
NTEE Category
Code: E80 - Health
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