Overview
What is Fairhaven Healthcare Center Inc C/O Athena Health Care Associates?
Fairhaven Healthcare Center Inc, a 169-bed healthcare facility under the name CO Athena Health Care Associates, is located at 476 Varnum Ave in Lowell, Massachusetts (01854). The JCAHO accredited and Medicare certified center offers traditional skilled nursing care, short-term rehabilitation, and various specialized treatment programs. The mission of this nonprofit organization is to create meaningful and supportive living environments for elders, combining quality care, education, research, respect for individuality, and innovative approaches to cater to the evolving needs of the communities served. With a team of 174 employees, Fairhaven Healthcare Center, Inc. is committed to providing dynamic care and services that prioritize the wellbeing and human spirit of its residents.
Official website here: www.fairhaven-nursing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
Fairhaven Healthcare Center Inc, part of Athena Health Care Associates, has received a low rating of 54% from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. While the organization demonstrates strong governance with 83% of its board members being independent, there are critical shortcomings in financial reporting, such as the absence of financial statements.
The organization performs well in its program expense ratio, allocating 89.03% of its expenses directly to its programs. However, it faces serious issues with missing policies, including conflict of interest, whistleblower, and document retention, which raise questions about its overall governance and operational integrity. Additionally, the liabilities to assets ratio is concerning at 142.88%, indicating financial instability.
Despite these issues, Fairhaven Healthcare Center does have strengths in its independent board structure and the availability of salary data for key personnel. However, the lack of essential policies and poor financial ratios suggest that potential donors should exercise caution and seek further clarification before contributing to this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Fairhaven Healthcare Center Inc C/O Athena Health Care Associates legitimate?
Fairhaven Healthcare Center Inc C/O Athena Health Care Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fairhaven Healthcare Center Inc C/O Athena Health Care Associates 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: $43,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,595,084
For more financial information, click here
Official website here: www.fairhaven-nursing.com
What is the mission statement of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates?
Fairhaven Healthcare Center Inc, through Athena Health Care Associates, is committed to providing elders with dynamic, meaningful, and supportive living environments. Their mission encompasses integrating quality care, education, research, respect for individuality, and the human spirit, as they strive to meet the ever-changing needs of the communities they serve. The organization offers a range of services, from traditional skilled nursing care to short-term rehabilitation, as well as specialized treatment programs. By prioritizing innovation and quality care, Fairhaven Healthcare Center aims to enhance the lives of the elderly population it serves.
Official website here: www.fairhaven-nursing.com
Who is the CEO of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates?
Raymond Denehey is the Administrator of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates.
Official website here: www.fairhaven-nursing.com
What is the revenue of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates?
Fairhaven Healthcare Center Inc C/O Athena Health Care Associates's revenue in 2021 was $11,897,110.
Official website here: www.fairhaven-nursing.com
Who are the executives of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates and what are their salaries?
The average compensation at Fairhaven Healthcare Center Inc C/O Athena Health Care Associates during 2021 was $38,151. There are 174 employees and 6 volunteers at Fairhaven Healthcare Center Inc C/O Athena Health Care Associates.
Here are 11 key members and their salaries:
- Compensation: $167,242
- Related: $0
- Other: $12,043
- Compensation: $144,443
- Related: $0
- Other: $0
- Compensation: $129,795
- Related: $0
- Other: $12,043
- Compensation: $116,142
- Related: $0
- Other: $0
- Compensation: $114,131
- Related: $0
- Other: $0
- Compensation: $43,200
- Related: $16,800
- 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.fairhaven-nursing.com
Where can I find the form 990 for Fairhaven Healthcare Center Inc C/O Athena Health Care Associates?
Fairhaven Healthcare Center Inc C/O Athena Health Care Associates's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.fairhaven-nursing.com
Learn more at the official website: www.fairhaven-nursing.com
Mission Statement of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates
Fairhaven Healthcare Center Inc CO Athena Health Care Associates, a mission-driven organization, is dedicated to providing elders with dynamic, meaningful, and supportive living environments. The Center integrates quality care, education, research, respect for individuality, and the human spirit, and employs innovative approaches to address the ever-changing needs of the communities it serves.
The team at Fairhaven Healthcare Center goes beyond the basics of skilled nursing care and short-term rehabilitation, offering a range of specialized treatment programs. Their commitment to the elderly population is grounded in the belief that each individual deserves the best possible living experience. They foster a nurturing environment where elders can thrive and maintain their dignity while receiving top-notch care.
Fairhaven Healthcare Center's mission is twofold: providing quality care and catering to the unique needs of its residents. By focusing on the whole person - mind, body, and spirit - the Center ensures that every elder feels valued, respected, and supported. Their dedication to ongoing education and research enables them to stay current on the latest advancements in elder care, ensuring the highest standards of care are maintained.
In summary, Fairhaven Healthcare Center Inc CO Athena Health Care Associates is a 169-bed healthcare facility renowned for its commitment to providing dynamic and supportive living environments for elders. Their mission encompasses the integration of quality care, education, research, and respect for individuality, making them an invaluable resource for elders in their communities.
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Impact
August, 2024
Fairhaven Healthcare Center Inc CO Athena Health Care Associates aims to provide elders with dynamic, meaningful, and supportive living environments, integrating quality care, education, research, respect for individuality and the human spirit, and innovative approaches to meet the ever-changing needs of the communities they serve. The impact of this organization is seen in the provision of traditional skilled nursing care, short-term rehabilitation, and specialized treatment programs to enhance the well-being and quality of life for seniors in Lowell, MA. Their commitment to housing and caring for the elderly population contributes positively to the community by ensuring that elders receive the support and services they need to thrive.
This information is meant to be a general summary of Fairhaven Healthcare Center Inc C/O Athena Health Care Associates. 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: $703
- Program Service Revenue: $11,270,827
- Gross Receipts: $11,897,110
Assets and Liabilities:
- Total Assets: $23,711,383
- Total Liabilities: $33,880,632
- Net Assets: -$10,169,249
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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
$11,270,827
Organization Details
Founding Year
2007
Phone
(978) 458-3388Principal Officer
Raymond Denehey
Main Address
476 VARNUM AVE, LOWELL, MA, 01854
Website
www.fairhaven-nursing.comNTEE Category
Code: L200 - Housing
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