Overview
What is Cumberland River Homes Inc?
Cumberland River Homes Inc is a nonprofit organization that provides a supportive living and learning environment for individuals who have sustained brain injuries. Operating as an assisted living facility for the disabled, their mission is to offer a comfortable home where these individuals can continue their personal growth and development. The organization's services extend beyond basic care, fostering an atmosphere of learning and rehabilitation for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Cumberland River Homes Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid level of trustworthiness and operational effectiveness. With a high score of 83% in Accountability & Finance, the organization demonstrates a strong commitment to financial transparency and responsible management of resources. Their low liabilities to assets ratio of 2.70% and a program expense ratio of 81.08% suggest that a significant portion of their funds is directed toward their programs, highlighting their focus on mission-driven activities.
In terms of Culture & Community, Cumberland River Homes Inc excels with a score of 94%. The organization has received exceptional feedback from constituents, reflected in a perfect score of 100 for feedback collection, usage, and overall practices. This indicates a high level of engagement and responsiveness to the community's needs, suggesting that they are effectively addressing the concerns and aspirations of those they serve.
However, while the financial and community engagement aspects are commendable, the organization may benefit from ongoing efforts to enhance its Accountability & Finance score, which, although strong, sits at 71. Continued improvements in this area could further strengthen their overall performance and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Cumberland River Homes Inc legitimate?
Cumberland River Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland River Homes 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: $208,432
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,134,377
For more financial information, click here
What is the mission statement of Cumberland River Homes Inc?
Cumberland River Homes Inc., as an assisted living facility, provides a nurturing environment for individuals with brain injuries. Their mission is centered around offering a home and educational setting, with a focus on assisting and supporting these individuals in their daily living. The organization aims to cater to the needs of the disabled, ensuring they receive the care and learning opportunities they require.
Who is the CEO of Cumberland River Homes Inc?
James Wring is the Board Member of Cumberland River Homes Inc.
What is the revenue of Cumberland River Homes Inc?
Cumberland River Homes Inc's revenue in 2022 was $2,206,778.
Who are the executives of Cumberland River Homes Inc and what are their salaries?
The average compensation at Cumberland River Homes Inc during 2022 was $32,751. There are 41 employees at Cumberland River Homes Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- 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 Cumberland River Homes Inc?
Cumberland River Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cumberland River Homes Inc
Cumberland River Homes Inc, a dedicated nonprofit organization, provides a nurturing and educational living space for individuals who have sustained brain injuries. Serving as an assisted living facility for the disabled, this esteemed institution offers a supportive environment where its residents can not only reside but also continue their learning journey. By offering this unique service, Cumberland River Homes Inc aims to empower and assist individuals with brain injuries, enabling them to lead fulfilling lives with dignity and independence.
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Impact
August, 2024
Cumberland River Homes Inc's impact is significant in providing a home and learning environment for individuals with brain injuries, specifically serving as an assisted living facility for the disabled. This organization in Salem, KY, plays a vital role in supporting individuals with disabilities by offering them a safe and nurturing space to live and learn. Cumberland River Homes Inc's focus on human services directly improves the quality of life for those with brain injuries, helping them integrate into their community and live more independently.
This information is meant to be a general summary of Cumberland River Homes 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: $116
- Program Service Revenue: $2,093,914
- Gross Receipts: $2,206,778
Assets and Liabilities:
- Total Assets: $770,168
- Total Liabilities: $20,801
- Net Assets: $749,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE PAYMENTS
Revenue
$2,001,564
RENT FROM RESIDENTS
Revenue
$92,350
Organization Details
Founding Year
2004
Principal Officer
James Wring
Main Address
111 N HAYDEN AVE, SALEM, KY, 42078
NTEE Category
Code: P82 - Human services
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