Overview
What is Lafayette Rehabilitation And Skilled Nursing Facility Inc?
Lafayette Rehabilitation and Skilled Nursing Facility Inc. is a 65-bed healthcare facility situated in Marblehead, Massachusetts, offering traditional skilled nursing care, short-term rehabilitation, and specialized treatment programs. As a Joint Commission on Accreditation of Healthcare Organizations (JCAHO) accredited and Medicare-certified establishment, it is committed to providing elders with dynamic, meaningful, and supportive living environments. The facility integrates quality care, education, research, respect for individuality, and the human spirit, employing innovative approaches to meet the evolving needs of the communities they serve. With a staff of 115 dedicated individuals, Lafayette Rehabilitation and Skilled Nursing Facility Inc. aims to create an environment that enriches the lives of its elderly residents while delivering top-notch healthcare services.
Official website here: www.thelafayette.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Lafayette Rehabilitation And Skilled Nursing Facility Inc has received a 54% rating on Charity Navigator, which places it in the one-star category. This score reflects significant concerns regarding the nonprofit's financial accountability and transparency. While the organization boasts a fully independent board, it has critical shortcomings, including a lack of financial statements and missing policies on conflict of interest and whistleblower protections.
Despite these challenges, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 89.36%, indicating that a substantial portion of its expenses goes directly to its mission. However, the liabilities to assets ratio of 101.55% is particularly concerning, suggesting potential financial instability that could impact its operations and sustainability in the long term.
Overall, while Lafayette Rehabilitation And Skilled Nursing Facility shows strengths in board independence and program spending, the deficiencies in financial reporting and governance policies raise significant red flags for potential donors and stakeholders. It is crucial for the organization to address these issues to improve its accountability and enhance trust within the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Lafayette Rehabilitation And Skilled Nursing Facility Inc legitimate?
Lafayette Rehabilitation And Skilled Nursing Facility Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafayette Rehabilitation And Skilled Nursing Facility 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: $16,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,421,525
For more financial information, click here
Official website here: www.thelafayette.net
What is the mission statement of Lafayette Rehabilitation And Skilled Nursing Facility Inc?
Lafayette Rehabilitation And Skilled Nursing Facility Inc is committed to providing elders with dynamic, meaningful, and supportive living environments. This mission integrates quality care, education, and research, respect for individuality, and the human spirit. The facility also embraces innovative approaches to meet the evolving needs of the communities they serve. Their goal is to create an environment that supports elders, ensuring they receive the best possible care.
Official website here: www.thelafayette.net
What is the revenue of Lafayette Rehabilitation And Skilled Nursing Facility Inc?
Lafayette Rehabilitation And Skilled Nursing Facility Inc's revenue in 2021 was $6,503,946.
Official website here: www.thelafayette.net
Who are the executives of Lafayette Rehabilitation And Skilled Nursing Facility Inc and what are their salaries?
The average compensation at Lafayette Rehabilitation And Skilled Nursing Facility Inc during 2021 was $29,898. There are 115 employees and 6 volunteers at Lafayette Rehabilitation And Skilled Nursing Facility Inc.
Here are 11 key members and their salaries:
- Compensation: $121,624
- Related: $0
- Other: $0
- Compensation: $107,224
- Related: $0
- Other: $12,058
- Compensation: $106,833
- Related: $0
- Other: $0
- Compensation: $102,151
- Related: $0
- Other: $5,185
- Compensation: $100,266
- Related: $0
- Other: $9,693
- Compensation: $16,800
- Related: $43,200
- 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
Official website here: www.thelafayette.net
Where can I find the form 990 for Lafayette Rehabilitation And Skilled Nursing Facility Inc?
Lafayette Rehabilitation And Skilled Nursing Facility Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.thelafayette.net
Learn more at the official website: www.thelafayette.net
Mission Statement of Lafayette Rehabilitation And Skilled Nursing Facility Inc
Lafayette Rehabilitation And Skilled Nursing Facility Inc is dedicated to providing elders with enriching, purposeful, and supportive living environments. They integrate quality care, education, and research into their services, demonstrating respect for individuality and the human spirit. The organization also employs innovative approaches to cater to the evolving needs of the communities they serve. Their mission is to create dynamic living spaces that integrate healthcare, learning opportunities, and cutting-edge strategies, ensuring that they cater to the changing requirements of their clientele.
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Impact
October, 2024
Lafayette Rehabilitation and Skilled Nursing Facility, Inc. creates a significant impact by providing high-quality care in a supportive and dynamic environment for elderly residents. With a focus on individuality and the human spirit, the facility integrates quality healthcare, education, and research to enhance the overall well-being of its residents.
As a 65-bed healthcare facility accredited by JCAHO and certified by Medicare, Lafayette offers a range of services from traditional skilled nursing care to specialized short-term rehabilitation programs. This comprehensive approach addresses the evolving needs of the community, ensuring that each resident receives personalized attention and innovative treatment options.
The facility's commitment to creating meaningful living environments fosters a sense of belonging and dignity among its residents, empowering them to lead fulfilling lives while receiving the care they need. In doing so, Lafayette not only improves individual health outcomes but also strengthens the fabric of the community it serves in Marblehead, MA.
This information is meant to be a general summary of Lafayette Rehabilitation And Skilled Nursing Facility 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 2021.
- Investment Income: $10,807
- Program Service Revenue: $5,576,363
- Gross Receipts: $6,503,946
Assets and Liabilities:
- Total Assets: $9,818,426
- Total Liabilities: $9,971,164
- Net Assets: -$152,738
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$5,576,363
Organization Details
Founding Year
2007
Principal Officer
Raymond Dennehy
Website
www.thelafayette.netNTEE Category
Code: L200 - Housing
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