Overview
What is Platinum Care Inc?
Platinum Care Inc, located in Saline, Michigan, is a nonprofit organization dedicated to providing housing and essential services to indigent individuals. With a workforce of 22 full-time employees, the organization's mission is centered around offering support to those in need. Their primary activity involves compensation for program service expenses, indicating their commitment to providing comprehensive care for their clients. The description suggests that they offer a range of services to enhance the living conditions and well-being of the indigent population in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 67% - Two-Star out of Four Star rating
Platinum Care Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial stability. The organization demonstrates a strong program expense ratio of 99.06%, which suggests a commitment to allocating resources towards its mission rather than administrative overhead. Additionally, the organization has a perfect liability to assets ratio, indicating no financial liabilities, which contributes positively to its overall financial health.
However, there are notable weaknesses in the areas of transparency and governance. The organization lacks several important policies, including a conflict of interest policy and a whistleblower policy, which could impact its accountability practices. Furthermore, the charity's website is not listed on its tax form, which detracts from its transparency and ease of access for potential donors and stakeholders.
Overall, while Platinum Care Inc shows strength in program spending and financial stability, the absence of key governance policies and website disclosure raises concerns that may deter potential contributors looking for a fully transparent nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Platinum Care Inc legitimate?
Platinum Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Platinum Care 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: $179,529
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,831
For more financial information, click here
What is the mission statement of Platinum Care Inc?
Platinum Care Inc is dedicated to providing housing and essential services to indigent individuals. Their mission encompasses offering a supportive living environment and necessary resources to those in need, aiming to enhance their quality of life. The organization's activities extend beyond mere housing, aiming to cater to the holistic needs of its beneficiaries. While specific details about their mission, such as advocacy or research, are not provided in the given information, it is clear that Platinum Care Inc prioritizes the well-being and empowerment of indigent individuals.
Who is the CEO of Platinum Care Inc?
Kingslkey C Amadi is the President of Platinum Care Inc.
What is the revenue of Platinum Care Inc?
Platinum Care Inc's revenue in 2022 was $1,049,315.
Who are the executives of Platinum Care Inc and what are their salaries?
The average compensation at Platinum Care Inc during 2022 was $24,971. There are 22 employees at Platinum Care Inc.
Here are 5 key members and their salaries:
- Compensation: $95,749
- Related: $0
- Other: $0
- Compensation: $83,780
- 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 Platinum Care Inc?
Platinum Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Platinum Care Inc
Platinum Care Inc, as a nonprofit organization, is dedicated to providing housing and essential services to indigent individuals. The mission of this organization is to offer a comprehensive support system to those who are less fortunate, ensuring they have access to the basic necessities they require to live a dignified life. By providing housing and services, Platinum Care Inc aims to contribute to the overall well-being and empowerment of its clients, enabling them to overcome the challenges they face. The organization's activities are centered around this mission, striving to make a meaningful impact in the lives of those they serve.
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Impact
October, 2024
Platinum Care Inc significantly impacts the community by providing essential housing and services to individuals in need. Located in Saline, Michigan, the organization focuses on supporting indigent individuals, ensuring they have access to safe living conditions and necessary resources. By addressing these fundamental needs, Platinum Care Inc plays a crucial role in improving the quality of life for vulnerable populations, fostering stability and well-being.
The organization not only offers shelter but also engages in various programs designed to empower residents, helping them to regain independence and stability. Through its dedicated efforts, Platinum Care Inc contributes to the overall social fabric of the community, enhancing the well-being of individuals who might otherwise face hardship. The commitment of its full-time officers to these mission-driven activities underscores the organization’s dedication to making a lasting difference in the lives of those it serves.
This information is meant to be a general summary of Platinum Care 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: $1,049,315
- Gross Receipts: $1,049,315
Assets and Liabilities:
- Total Assets: $401,484
- Total Liabilities: $0
- Net Assets: $401,484
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DETROIT WAYNE COUNTY
Revenue
$970,915
RESIDENCE OTHER PAYMENTS
Revenue
$78,400
Organization Details
Founding Year
2006
Phone
(248) 941-1140Principal Officer
Kingslkey C Amadi
Main Address
3129 GOLFVIEW DRIVE, SALINE, MI, 48176
NTEE Category
Code: P73 - Human services
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