Overview
What is Our Lady Of Providence (Vt) Inc?
Our Lady of Providence (Vt) Inc, located at 47 West Spring Street, Winooski, VT 05404, is a nonprofit organization dedicated to serving the community. Acting upon its mission of charity and benevolence, the organization operates a Level III 48-bed facility offering around-the-clock skilled nursing care to its residents. It accommodates both Medicaid recipients and those not eligible for Medicaid, as well as private pay patients. As a resident's needs evolve, the facility strives to accommodate their care requirements, provided it can meet their needs and obtain the necessary variance for the level of care from the appropriate state licensing level. The organization's team counts 79 dedicated employees.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Stars ating
Our Lady Of Providence (Vt) Inc has achieved a 79% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization is commended for having an entirely independent board, indicating a robust governance structure. Their score in this category is bolstered by a perfect mark for the absence of material diversion of assets and a well-defined conflict of interest policy.
The charity demonstrates impressive financial management, with a program expense ratio of 95.28%, suggesting that the majority of funds are directed towards its mission-related activities. This high ratio is indicative of the organization's commitment to effectively utilizing resources for its programs rather than administrative costs. Additionally, the liabilities to assets ratio is low at 11.44%, reflecting financial stability.
While there are no major limitations noted in the data, the overall score being derived solely from accountability and finance metrics suggests that other aspects of the organization's performance may not have been evaluated. However, the strong governance and financial practices are promising indicators of the charity's operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Our Lady Of Providence (Vt) Inc legitimate?
Our Lady Of Providence (Vt) Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Providence (Vt) 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: $87,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,601,303
For more financial information, click here
What is the mission statement of Our Lady Of Providence (Vt) Inc?
Our Lady of Providence (Vt) Inc is committed to carrying out acts of charity and benevolence. Their primary objective is to establish facilities for the care of the sick, elderly, infirm, and indigent individuals. The organization's mission extends to providing round-the-clock skilled nursing care in a 48-bed facility. They cater to both Medicare recipients and private pay patients, with the provision that as a resident's needs increase, they can continue to reside there, as long as the facility can meet their care needs and secure the necessary variance for level of care from the appropriate state licensing level.
Who is the CEO of Our Lady Of Providence (Vt) Inc?
Dale Atwood is the Administrato of Our Lady Of Providence (Vt) Inc.
What is the revenue of Our Lady Of Providence (Vt) Inc?
Our Lady Of Providence (Vt) Inc's revenue in 2022 was $3,122,525.
Who are the executives of Our Lady Of Providence (Vt) Inc and what are their salaries?
The average compensation at Our Lady Of Providence (Vt) Inc during 2022 was $21,377. There are 79 employees at Our Lady Of Providence (Vt) Inc.
Here are 7 key members and their salaries:
- Compensation: $87,000
- 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
Where can I find the form 990 for Our Lady Of Providence (Vt) Inc?
Our Lady Of Providence (Vt) Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Lady Of Providence (Vt) Inc
Our Lady of Providence (Vt) Inc is a dedicated organization with a mission to carry out charitable and benevolent works and establish facilities for the care of the sick, aged, infirm, and indigent individuals. This nonprofit institution is committed to providing round-the-clock skilled nursing care to its residents, catering to both Medicaid recipients and those not eligible for Medicaid, as well as private pay patients. As a resident's needs evolve, Our Lady of Providence (Vt) Inc ensures they can remain in the facility, provided the home can meet their increasing care needs. If necessary, the home can secure a variance for the level of care from the relevant state licensing level.
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Impact
October, 2024
Our Lady Of Providence (Vt) Inc significantly impacts the community by providing essential caregiving services to individuals in need, particularly the sick, aged, infirm, and economically disadvantaged. Operating as a Level III, 48-bed facility, it offers round-the-clock skilled nursing care, ensuring that residents receive the support necessary for their well-being.
This facility doesn't just cater to Medicaid recipients; it also accommodates private pay patients and those who may not qualify for Medicaid. This inclusivity allows residents to remain in the home as their care needs grow, provided the facility can meet those elevated requirements. By doing so, Our Lady Of Providence fosters a sense of stability and continuity in care for its residents.
Moreover, the mission to engage in acts of charity and benevolence is woven into the very fabric of the care provided, enhancing the quality of life for individuals who may otherwise struggle to find adequate support. Overall, the organization's impact is felt profoundly in the lives of its residents and their families, offering not only medical assistance but also compassion and community connection during vulnerable times.
This information is meant to be a general summary of Our Lady Of Providence (Vt) 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: $2,101,091
- Gross Receipts: $3,122,525
Assets and Liabilities:
- Total Assets: $1,628,115
- Total Liabilities: $141,323
- Net Assets: $1,486,792
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD
Revenue
$2,101,091
Organization Details
Phone
(802) 655-2395Principal Officer
Dale Atwood
Main Address
47 WEST SPRING STREET, WINOOSKI, VT, 05404
NTEE Category
Code: L22 - Housing
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