Overview
What is The Trousdale Foundation Inc?
The Trousdale Foundation Inc, based in Cleveland, Tennessee, is a dedicated nonprofit organization with a workforce of 1703 employees. Their primary mission is to acquire, own, maintain, operate, and manage nursing homes, hospitals, healthcare facilities, retirement housing, and other housing facilities for individuals who require assistance with care. The Foundation offers comprehensive patient care, including nursing, medication, dietary, social and activity, laundry, and other essential services in their facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Trousdale Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating significant areas needing improvement. The organization achieved an overall score of 66%, reflecting a mixed performance in accountability and financial management. While they have a strong commitment to governance with 75% of board members being independent and good practices in conflict of interest and whistleblower policies, they lack sufficient financial transparency, as evidenced by the absence of financial statements.
In terms of financial performance, the foundation has a program expense ratio of 75.90%, which suggests that a substantial portion of their expenditures is directed towards programs rather than administrative costs. However, their liabilities to assets ratio of 123.61% raises concern about financial sustainability. This could imply that the foundation may be over-leveraged and facing potential financial challenges in the future.
Overall, while The Trousdale Foundation demonstrates solid governance practices and effective program spending, it is crucial for them to enhance their financial reporting and management to build trust and support from donors and the community. Addressing these limitations could significantly improve their rating and impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Trousdale Foundation Inc legitimate?
The Trousdale Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Trousdale Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $36,933,175
For more financial information, click here
What is the mission statement of The Trousdale Foundation Inc?
The Trousdale Foundation Inc is committed to acquiring, owning, maintaining, operating, and managing nursing homes, hospitals, healthcare facilities, retirement housing, and other housing facilities for individuals in need of assistance with care. The foundation's dedication extends to providing comprehensive patient care, including nursing, medication, dietary, social and activity, laundry services, and more. By managing these facilities, the Trousdale Foundation aims to make a positive difference in the lives of those requiring specialized care. Its mission is to ensure the wellbeing of its residents and provide them with a comfortable living environment.
Who is the CEO of The Trousdale Foundation Inc?
Christin J Rose is the Chair/President of The Trousdale Foundation Inc.
What is the revenue of The Trousdale Foundation Inc?
The Trousdale Foundation Inc's revenue in 2022 was $86,292,288.
Who are the executives of The Trousdale Foundation Inc and what are their salaries?
The average compensation at The Trousdale Foundation Inc during 2022 was $21,687. There are 1703 employees and 4 volunteers at The Trousdale Foundation Inc.
Here are 8 key members and their salaries:
- Compensation: $417,015
- Related: $0
- Other: $0
- Compensation: $225,068
- Related: $0
- Other: $0
- Compensation: $116,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $71,776
- 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
Where can I find the form 990 for The Trousdale Foundation Inc?
The Trousdale Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Trousdale Foundation Inc
The Trousdale Foundation Inc, a dedicated organization, is committed to acquiring, owning, maintaining, operating, and managing nursing homes, hospitals, healthcare facilities, retirement housing, and other housing facilities for individuals in need of assistance with care. By providing patient care to those requiring nursing home care, this foundation goes above and beyond, offering nursing care, medication administration, dietary services, social and activity programs, laundry services, and more.
In essence, The Trousdale Foundation Inc is a compassionate entity that takes on the responsibility of ensuring the wellbeing and comfort of people who depend on care. Through its extensive range of facilities, it offers essential services that cater to various aspects of an individual's health and daily needs, ultimately enhancing the quality of life for those under its care. The foundation's unwavering dedication to its mission ensures that it continues to make a significant difference in the lives of countless individuals every day.
Moreover, The Trousdale Foundation Inc seeks to create a nurturing and supportive environment where every resident feels valued and cared for. By managing and operating these facilities, it is able to provide much-needed assistance and peace of mind to those in need, allowing them to focus on their recovery or simply enjoy their later years with dignity and respect. With its unwavering commitment to excellence in care, The Trousdale Foundation Inc stands as a beacon of hope and comfort for countless individuals seeking a better future.
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Impact
October, 2024
The Trousdale Foundation Inc significantly impacts the community by acquiring, owning, and managing essential healthcare facilities such as nursing homes, hospitals, and retirement housing. In Cleveland, TN, it provides vital patient care services to individuals requiring nursing home assistance, which includes nursing care, medication management, dietary support, social activities, and laundry services. Through its comprehensive approach to healthcare and housing, the foundation ensures that those in need receive the necessary support and care, enhancing their quality of life and promoting well-being in the community. Its dedication to maintaining and operating these facilities addresses the growing demand for accessible healthcare services and support for the elderly and individuals with varying levels of care needs.
This information is meant to be a general summary of The Trousdale Foundation 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.
- Investment Income: $2,074
- Program Service Revenue: $70,932,614
- Gross Receipts: $86,292,288
Assets and Liabilities:
- Total Assets: $158,158,687
- Total Liabilities: $170,561,859
- Net Assets: -$12,403,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$69,183,683
OTHER PATIENT SERVICE REVENUE
Revenue
$1,748,931
Organization Details
Founding Year
1989
Phone
(423) 478-5953Principal Officer
Christin J Rose
Main Address
485 CENTRAL AVENUE NE, CLEVELAND, TN, 37311
NTEE Category
Code: Z99 - Unknown
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