Overview
What is Hoosier Care Properties Inc?
Hoosier Care Properties Inc is a nonprofit organization with a primary focus on owning, maintaining, and operating nursing homes and related healthcare facilities, including retirement housing for the elderly. Based on the provided information, they employ a total of 516 people and have facilities in Indiana, Illinois, and Tennessee. The organization, established in Nashville, Tennessee, with a PO Box address, aims to provide care for the elderly population.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Hoosier Care Properties Inc has received a Three-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization's score is based entirely on its Accountability & Finance metrics, which it has scored well in various areas such as having an independent board and robust financial oversight, showcasing its commitment to transparency and governance.
Strengths for Hoosier Care Properties include a high program expense ratio of 91.29%, which reflects that a significant portion of its resources is directed towards fulfilling its mission. Additionally, the presence of majority independent board members and the establishment of key policies, such as conflict of interest and whistleblower policies, further reinforce the organization's accountability standards.
However, there are limitations noted, particularly regarding the organization's liabilities to assets ratio, which stands at 127.76%. This indicates that the organization has more liabilities than assets, which could signify potential financial challenges. Overall, while Hoosier Care Properties Inc demonstrates strong governance practices, its financial stability warrants attention and monitoring.
This AI summary has been generated from information found on Charity Navigator.
Is Hoosier Care Properties Inc legitimate?
Hoosier Care Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoosier Care Properties 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: $7,535,066
For more financial information, click here
What is the mission statement of Hoosier Care Properties Inc?
Hoosier Care Properties Inc is dedicated to providing care and accommodation for the elderly population. Its mission involves owning, maintaining, and operating nursing homes and related healthcare facilities. The organization goes beyond just nursing homes, extending to retirement housing for the elderly as well. With a focus on elder care, Hoosier Care Properties aims to create comfortable and supportive environments for those in need. The organization manages a total of eight nursing homes across the states of Indiana, Illinois, and Tennessee.
Who is the CEO of Hoosier Care Properties Inc?
Unavailable
What is the revenue of Hoosier Care Properties Inc?
Hoosier Care Properties Inc's revenue in 2022 was $23,011,935.
Who are the executives of Hoosier Care Properties Inc and what are their salaries?
The average compensation at Hoosier Care Properties Inc during 2022 was $14,603. There are 516 employees at Hoosier Care Properties Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $439,286
- Other: $41,277
- Compensation: $0
- Related: $130,500
- Other: $0
- Compensation: $0
- Related: $79,500
- Other: $0
- Compensation: $0
- Related: $73,000
- Other: $0
- Compensation: $0
- Related: $74,250
- Other: $0
- Compensation: $0
- Related: $61,500
- Other: $0
- Compensation: $0
- Related: $71,750
- Other: $0
- Compensation: $0
- Related: $53,750
- Other: $0
- Compensation: $0
- Related: $257,533
- Other: $20,457
- Compensation: $0
- Related: $169,529
- Other: $23,490
- Compensation: $107,361
- Related: $0
- Other: $7,730
- Compensation: $108,545
- Related: $0
- Other: $4,562
- Compensation: $131,350
- Related: $0
- Other: $24
- Compensation: $120,976
- Related: $0
- Other: $97
- Compensation: $0
- Related: $138,840
- Other: $13,443
Where can I find the form 990 for Hoosier Care Properties Inc?
Hoosier Care Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hoosier Care Properties Inc
Hoosier Care Properties Inc, a notable organization, is committed to owning, maintaining, and operating nursing homes and related healthcare facilities for the elderly. This mission extends to retirement housing for the elderly population. The Indiana, Illinois, and Tennessee-based organization runs a total of eight nursing homes, providing essential care and accommodation for the elderly community.
At the heart of Hoosier Care Properties Inc's operations is the dedication to enhancing the lives of elderly individuals. By owning and managing nursing homes, the organization ensures a comfortable and safe environment for the elderly, alleviating concerns related to care and maintenance. Additionally, the inclusion of retirement housing within their purview signifies a holistic approach to catering to the unique needs of the elderly population.
Hoosier Care Properties Inc's mission is twofold: first, to provide quality care and accommodation for the elderly, and second, to maintain and operate these facilities in a professional manner. Through their nursing homes, they offer a sense of community and support for the elderly, addressing their physical, emotional, and social needs. By focusing on the specific requirements of elderly care, Hoosier Care Properties Inc stands as a vital resource for elderly individuals and their families.
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Impact
October, 2024
Hoosier Care Properties Inc significantly impacts the communities it serves by owning, maintaining, and operating nursing homes dedicated to elderly care. With facilities located in Indiana, Illinois, and Tennessee, the organization provides essential support and quality living environments for senior residents. Its mission focuses on enhancing the quality of life for the elderly through comprehensive health care services and related facilities, including retirement housing.
By ensuring that seniors have access to well-maintained nursing homes, Hoosier Care Properties contributes to the overall well-being and dignity of elderly individuals. The organization plays a pivotal role in meeting the health care needs of aging populations, enabling them to receive care in a comfortable and supportive setting. This impact extends beyond individual care, fostering a sense of community and belonging among residents and their families. Overall, Hoosier Care Properties Inc is dedicated to promoting health and quality of life for elderly persons across multiple states.
This information is meant to be a general summary of Hoosier Care Properties 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: $1,798
- Program Service Revenue: $22,351,263
- Gross Receipts: $23,011,935
Assets and Liabilities:
- Total Assets: $63,022,548
- Total Liabilities: $77,549,765
- Net Assets: -$14,527,217
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$20,658,113
RENT FROM RELATED ORGANIZATION
Revenue
$1,693,150
Organization Details
Founding Year
2003
Phone
(615) 647-9004Main Address
PO BOX 58908, NASHVILLE, TN, 37205
NTEE Category
Code: E22 - Health
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