Overview
What is Ideal Senior Living Center Housing Corporation?
Ideal Senior Living Center Housing Corporation is a nonprofit organization situated in Endicott, New York. Its primary focus is to provide housing and comprehensive health and wellness services to the elderly residents of Broome County and surrounding areas. The corporation comprises 33 independent living apartments, 35 adult care facility beds, and 35 assisted living program beds. Various amenities such as meals, housekeeping, activity programs, and social transportation are offered to enhance the residents' quality of life. Assisted living program residents receive nursing, therapy, home health, and personal care services as needed. Ideal Senior Living Center Housing Corporation is a member of the United Health Services Health Care System, sharing the same campus with its sister company, Ideal Senior Living Center, Inc., a 150-bed skilled nursing facility. During 2022, approximately 24% of independent apartments were leased to low-income elderly tenants, and a significant proportion of adult care facility and assisted living program rooms were leased to this demographic as well. The organization's mission is to provide secure and peaceful living environments for seniors, offering compassionate, personalized care to promote the highest level of healthcare functioning.
Official website here: www.nyuhs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Ideal Senior Living Center Housing Corporation has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement. With an overall score of 66%, the organization shows some positive aspects in terms of financial oversight and adherence to policies such as conflict of interest and whistleblower protection. However, it lacks sufficient independent board members and has a concerning liabilities to assets ratio, which may affect its financial health and governance.
One of the strengths noted is the organization’s robust financial statements, which have been thoroughly audited, and the effective management of program expenses. The organization has also demonstrated compliance in several governance policies, indicating a level of commitment to transparency and accountability. However, the absence of independent board representation raises concerns about the effectiveness of oversight and decision-making.
Overall, while Ideal Senior Living Center Housing Corporation shows commitment in certain areas, it must address its governance structure and financial ratios to improve its standing and ensure sustainable operations. The current rating serves as a signal for potential donors and stakeholders to consider these factors before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ideal Senior Living Center Housing Corporation legitimate?
Ideal Senior Living Center Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ideal Senior Living Center Housing Corporation 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: $38,797
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,755,007
For more financial information, click here
Official website here: www.nyuhs.org
What is the mission statement of Ideal Senior Living Center Housing Corporation?
Ideal Senior Living Center Housing Corporation's mission is centered around providing housing and assisted living services to the elderly. Their primary goal is to offer a secure and peaceful environment for seniors, ensuring they receive compassionate and personalized care. This care is designed to promote the highest level of healthcare functioning. Their services span across various levels of care, including home care, residential, and skilled nursing services. As a responsible member of the community, Ideal Senior Living Center also acknowledges its role in managing its finances to sustain its organization, fulfilling its mission to serve the elderly population effectively.
Official website here: www.nyuhs.org
Who is the CEO of Ideal Senior Living Center Housing Corporation?
Kay Boland is the Board Member/Chair of Ideal Senior Living Center Housing Corporation.
Official website here: www.nyuhs.org
What is the revenue of Ideal Senior Living Center Housing Corporation?
Ideal Senior Living Center Housing Corporation's revenue in 2022 was $3,604,457.
Official website here: www.nyuhs.org
Who are the executives of Ideal Senior Living Center Housing Corporation and what are their salaries?
The average compensation at Ideal Senior Living Center Housing Corporation during 2022 was $20,384. There are 88 employees and 2 volunteers at Ideal Senior Living Center Housing Corporation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $724,570
- Other: $99,761
- Compensation: $0
- Related: $269,900
- Other: $58,663
- Compensation: $26,058
- Related: $78,173
- Other: $18,738
- Compensation: $7,026
- Related: $133,487
- Other: $20,580
- Compensation: $0
- Related: $190,817
- Other: $41,503
- Compensation: $0
- Related: $170,501
- Other: $2,898
- Compensation: $0
- Related: $182,622
- Other: $24,587
Official website here: www.nyuhs.org
Where can I find the form 990 for Ideal Senior Living Center Housing Corporation?
Ideal Senior Living Center Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyuhs.org
Learn more at the official website: www.nyuhs.org
Mission Statement of Ideal Senior Living Center Housing Corporation
Ideal Senior Living Center Housing Corporation is dedicated to providing a secure and tranquil environment for elderly individuals, ensuring peace of mind for both the seniors themselves and their families. The organization achieves this by offering compassionate and personalized care, aiming to enhance the highest level of healthcare functioning. This encompasses a full continuum of services, ranging from home care to skilled nursing services. As a responsible member of the community, Ideal Senior Living Center Housing Corporation is committed to managing its finances sustainably, ensuring the organization's longevity and ability to meet the needs of its elderly residents.
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Impact
October, 2024
Ideal Senior Living Center Housing Corporation significantly enhances the quality of life for elderly residents in Broome County and surrounding areas by providing a comprehensive range of housing and assisted living services. The facility consists of 103 units, including 33 independent living apartments, 35 adult care facility beds, and 35 assisted living program beds, catering to various living needs and preferences.
The corporation's commitment to health and wellness is evident in the array of services it offers. Residents benefit from nutritious meals, housekeeping, engaging activities, and social transportation, all designed to foster a supportive and enriching living environment. For those requiring additional care, assisted living program residents receive access to nursing, therapy, home health, and personal care services tailored to individual needs.
The impact extends beyond basic living arrangements. Approximately 24% of independent apartments, along with 58% of assisted living program rooms and 24% of adult care facility rooms, are leased to low-income elderly tenants, ensuring accessibility to vital services for those who may otherwise struggle to afford them.
By integrating a full continuum of care that includes home care, residential, and skilled nursing services, Ideal Senior Living Center Housing Corporation provides security and peace of mind for seniors and their families. This holistic approach not only addresses immediate health care needs but also supports the overall well-being of the community. Through its compassionate and personalized care, the corporation plays a crucial role in promoting higher levels of healthcare functioning for its residents, reinforcing its commitment to stewardship and social responsibility.
This information is meant to be a general summary of Ideal Senior Living Center Housing Corporation. 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: $129,979
- Program Service Revenue: $3,194,889
- Gross Receipts: $3,604,457
Assets and Liabilities:
- Total Assets: $9,255,365
- Total Liabilities: $10,641,375
- Net Assets: -$1,386,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADULT CARE/ASSISTED LI
Revenue
$2,745,198
APARTMENT RENT
Revenue
$449,691
Organization Details
Founding Year
1988
Phone
(607) 786-7307Principal Officer
Kay Boland
Main Address
508 HIGH AVENUE, ENDICOTT, NY, 13760
Website
www.nyuhs.orgNTEE Category
Code: P75Z - Human services
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