Overview
What is Nhnfp Healthcare Inc FKA Fal Mountaincrest?
Nhnfp Healthcare Inc FKA Fal Mountaincrest, formerly known as Fal Mountaincrest, is a nonprofit organization headquartered in Atlanta, Georgia. Their primary focus lies in owning and operating nursing homes to provide affordable healthcare services for elderly persons and individuals with mental or physical disabilities. They currently employ a large workforce of 4289 individuals. The organization has expanded its reach by acquiring the leasing and operation of a nursing home in Illinois named Lakeside Rehab & Healthcare. The mission of Nhnfp Healthcare Inc FKA Fal Mountaincrest is to foster, support, provide, develop, acquire, construct, rehabilitate, and manage the operations of qualified affordable healthcare facilities, offering both long and short-term residential accommodations for those in need.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79%, Three-Star out of Four Star rating.
Nhnfp Healthcare Inc, previously known as Fal Mountaincrest, has received a solid Three-Star rating from Charity Navigator, reflecting a satisfactory performance in accountability and finance. The organization showcases a commitment to governance with 100% of its board members being independent, alongside a well-maintained audit and oversight committee that achieved full points. Policies regarding conflicts of interest, whistleblower protections, and document retention are all in place, indicating a strong foundation for ethical practices.
One of the highlighted strengths of Nhnfp Healthcare Inc is its program expense ratio, which stands at 100%, suggesting that all of its expenses are directed towards its mission-related activities. This is a positive indicator of the nonprofit's focus on effective program delivery. However, a notable limitation is its liability to assets ratio, which is at 108.72%, indicating a potential concern with financial sustainability and asset management.
While the organization demonstrates robust governance practices and a strong commitment to its programs, the financial health aspects should be monitored closely. Overall, Nhnfp Healthcare Inc appears to be a responsible nonprofit, though stakeholders may want to consider its financial ratios when evaluating its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Nhnfp Healthcare Inc FKA Fal Mountaincrest legitimate?
Nhnfp Healthcare Inc F/K/A Fal Mountaincrest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhnfp Healthcare Inc F/K/A Fal Mountaincrest 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: $124,803,786
For more financial information, click here
What is the mission statement of Nhnfp Healthcare Inc FKA Fal Mountaincrest?
Nhnfp Healthcare Inc FKA Fal Mountaincrest is dedicated to fostering, supporting, providing, developing, acquiring, constructing, rehabilitating, and operating or managing the operations of qualified affordable healthcare facilities. These facilities offer long and short-term residential housing accommodations for elderly persons and/or mentally or physically disabled persons. The organization's mission is to provide affordable healthcare to individuals in need of assistance. Inverness NH LLC recently acquired the leasing and operating of a nursing home to expand their reach and continue their commitment to this cause.
Who is the CEO of Nhnfp Healthcare Inc FKA Fal Mountaincrest?
Elizabeth Salvati is the Board Member of Nhnfp Healthcare Inc F/K/A Fal Mountaincrest. The CEO's salary of Nhnfp Healthcare Inc FKA Fal Mountaincrest is $268,352 and their total compensation is $536,704.
What is the revenue of Nhnfp Healthcare Inc FKA Fal Mountaincrest?
Nhnfp Healthcare Inc FKA Fal Mountaincrest's revenue in 2022 was $212,449,526.
Who are the executives of Nhnfp Healthcare Inc FKA Fal Mountaincrest and what are their salaries?
The average compensation at Nhnfp Healthcare Inc FKA Fal Mountaincrest during 2022 was $29,099. There are 4289 employees and 2 volunteers at Nhnfp Healthcare Inc FKA Fal Mountaincrest.
Here are 8 key members and their salaries (Nhnfp Healthcare Inc FKA Fal Mountaincrest's CEO's salary is $268,352 and their total compensation is $536,704):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $150,278
- Related: $0
- Other: $150,278
- Compensation: $269,235
- Related: $0
- Other: $269,235
- Compensation: $418,918
- Related: $0
- Other: $418,918
- Compensation: $280,884
- Related: $0
- Other: $280,884
- Compensation: $268,352
- Related: $0
- Other: $268,352
Where can I find the form 990 for Nhnfp Healthcare Inc FKA Fal Mountaincrest?
Nhnfp Healthcare Inc FKA Fal Mountaincrest's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nhnfp Healthcare Inc FKA Fal Mountaincrest
Nhnfp Healthcare Inc FKA Fal Mountaincrest, a notable organization, is dedicated to fostering, supporting, providing, developing, acquiring, constructing, rehabilitating, and operating or managing the operations of affordable healthcare facilities. These facilities cater to the needs of elderly persons and/or mentally or physically disabled individuals, offering them long-term and short-term residential housing accommodations.
Through their mission, Nhnfp Healthcare Inc FKA Fal Mountaincrest strives to create an environment where individuals requiring assistance can receive the care they need. The organization's efforts focus on owning and operating nursing homes, making affordable healthcare accessible to those in need. One of their recent achievements includes the acquisition of a nursing home in Illinois, named Lakeside Rehab & Healthcare, to expand their reach and provide additional affordable healthcare services.
By offering affordable healthcare facilities, Nhnfp Healthcare Inc FKA Fal Mountaincrest plays a crucial role in ensuring that elderly and disabled persons receive the care and support they deserve. Their commitment to providing quality care extends beyond the basics, as they continue to develop and rehabilitate facilities to meet the ever-evolving needs of their residents. In doing so, Nhnfp Healthcare Inc FKA Fal Mountaincrest makes a significant difference in the lives of countless individuals, allowing them to live with dignity and independence.
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Impact
October, 2024
Nhnfp Healthcare Inc, formerly known as Fal Mountaincrest, plays a significant role in the healthcare landscape by owning and operating nursing homes, with a focus on providing affordable healthcare solutions. Its acquisition of Lakeside Rehab & Healthcare in Illinois demonstrates a commitment to meet the needs of individuals requiring assistance, especially the elderly and those with disabilities.
The organization’s mission centers on fostering and supporting the development of healthcare facilities, including both long and short-term residential accommodations. By doing so, it helps create a supportive environment for vulnerable populations, facilitating access to necessary health services and promoting well-being. This approach not only alleviates the burden on families needing care for their loved ones but also contributes positively to community health outcomes in the areas it serves.
Through its operations, Nhnfp Healthcare Inc addresses critical gaps in healthcare accessibility, ensuring that essential services are available to those who might otherwise struggle to receive them. This impact underscores the importance of such organizations in enhancing the overall quality of healthcare for at-risk populations.
This information is meant to be a general summary of Nhnfp Healthcare Inc FKA Fal Mountaincrest. 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: $13,968,215
- Program Service Revenue: $184,837,210
- Gross Receipts: $285,517,500
Assets and Liabilities:
- Total Assets: $180,310,733
- Total Liabilities: $196,036,151
- Net Assets: -$15,725,418
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE REVENUE
Revenue
$167,326,484
ANCILLARY INCOME
Revenue
$17,510,726
Organization Details
Founding Year
2006
Phone
(770) 433-1711Principal Officer
Elizabeth Salvati
Main Address
3330 CUMBERLAND BLVD 1000, ATLANTA, GA, 30339
NTEE Category
Code: S50 - Community improvement
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