Overview
What is Livewell Alliance Inc?
Livewell Alliance Inc, a nonprofit organization based in Plantsville, Connecticut (06479), offers comprehensive services for individuals and families dealing with dementia. Through their skilled nursing facility, they provide patient care services to numerous residents. Additionally, they offer education, counseling, research programs, and post-diagnostic planning. Livewell Alliance also extends support to care partners and those seeking to prevent cognitive change. They conduct research and advocacy efforts to redefine life with dementia, providing both residential offerings, including skilled nursing and assisted living, and community resources for professionals serving individuals with dementia. Their team consists of 287 employees.
Official website here: www.livewell.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Livewell Alliance Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The score reflects a robust accountability framework, with all board members being independent and adherence to policies such as conflict of interest and whistleblower protections. Their program expense ratio is commendable, with over 81% of expenses directed towards programs, showcasing a commitment to their mission.
The organization also demonstrates thorough financial oversight, with an audit and oversight committee in place, and all required financial statements properly documented. However, the charity has a low score in the liabilities to assets ratio, which suggests a potential area for improvement in managing financial obligations. This aspect might raise concerns for potential donors about the sustainability of the organization.
Overall, Livewell Alliance Inc displays a strong commitment to transparency and responsible financial management, which is crucial for building trust with donors and beneficiaries. While they have strengths in governance and program funding, addressing the liabilities to assets ratio could enhance their financial health and operational stability.
This AI summary has been generated from information found on Charity Navigator.
Is Livewell Alliance Inc legitimate?
Livewell Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Livewell Alliance 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: $704,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,514,425
For more financial information, click here
Official website here: www.livewell.org
What is the mission statement of Livewell Alliance Inc?
Livewell Alliance Inc is dedicated to providing education, programs, supports, and residential offerings for people dealing with dementia, their care partners, and individuals seeking to prevent cognitive decline. The organization goes beyond typical care by offering post-diagnostic planning and conducting research and advocacy efforts aimed at redefining life with dementia as a meaningful journey. Through their comprehensive services, Livewell Alliance Inc supports and empowers those affected by dementia, enabling them to live as fully and independently as possible.
Official website here: www.livewell.org
Who is the CEO of Livewell Alliance Inc?
Michael Smith is the Board Chair (Resigned 11/2/21) of Livewell Alliance Inc. The CEO's salary of Livewell Alliance Inc is $359,500 and their total compensation is $425,633.
Official website here: www.livewell.org
What is the revenue of Livewell Alliance Inc?
Livewell Alliance Inc's revenue in 2022 was $20,693,185.
Official website here: www.livewell.org
Who are the executives of Livewell Alliance Inc and what are their salaries?
The average compensation at Livewell Alliance Inc during 2022 was $39,089. There are 287 employees and 4 volunteers at Livewell Alliance Inc.
Here are 11 key members and their salaries (Livewell Alliance Inc's CEO's salary is $359,500 and their total compensation is $425,633):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $359,500
- Related: $0
- Other: $66,133
- Compensation: $126,519
- Related: $0
- Other: $6,336
- Compensation: $203,169
- Related: $0
- Other: $18,386
- Compensation: $152,964
- Related: $0
- Other: $15,115
- Compensation: $111,825
- Related: $0
- Other: $29,735
- Compensation: $106,474
- Related: $0
- Other: $13,714
Official website here: www.livewell.org
Where can I find the form 990 for Livewell Alliance Inc?
Livewell Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.livewell.org
Learn more at the official website: www.livewell.org
Mission Statement of Livewell Alliance Inc
Livewell Alliance Inc is a mission-driven organization that aims to provide education, programs, supports, post-diagnostic planning, and residential offerings for people living with dementia, their care partners, and those looking to prevent cognitive change. The organization's primary focus is on redefining life with dementia and championing a movement towards a more inclusive and compassionate approach to dementia care.
Livewell Alliance Inc's offerings are extensive and cater to various needs. For those diagnosed with dementia and their care partners, the organization provides vital resources and support. This includes access to educational programs that help families navigate the challenges of dementia care and learn about the latest research and best practices. Livewell Alliance Inc also offers residential options, including skilled nursing and assisted living, that prioritize the dignity and quality of life for individuals living with dementia.
Moreover, Livewell Alliance Inc is deeply committed to advocacy and research efforts. They believe that by working towards a societal shift in how we view dementia and the people living with it, we can create a more compassionate and understanding world. Their advocacy initiatives aim to break down the stigma surrounding dementia and promote a more holistic and person-centered approach to dementia care.
In summary, Livewell Alliance Inc is an organization that offers comprehensive support and resources for individuals living with dementia, their care partners, and those seeking to prevent cognitive change. Through their educational programs, residential offerings, and advocacy efforts, they are dedicated to championing a movement of redefining life with dementia and promoting a more compassionate and inclusive approach to dementia care.
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Impact
October, 2024
Livewell Alliance Inc significantly impacts individuals and families affected by dementia through a comprehensive array of services and support systems. By offering education and specialized programs, it empowers both those diagnosed with dementia and their caregivers, fostering a deeper understanding of the challenges and processes associated with cognitive decline.
The organization’s focus on post-diagnostic planning is particularly crucial, as it helps families navigate the complexities of living with dementia. Additionally, its skilled nursing and assisted living facilities provide essential residential options tailored to the needs of residents, ensuring they receive high-quality care in a supportive environment.
Research and advocacy efforts further enhance the organization’s impact by promoting a movement to redefine life with dementia. Through these initiatives, Livewell Alliance Inc not only enriches the lives of individuals within its community but also contributes to a broader dialogue about dementia care and prevention. By disseminating valuable educational resources to both families and professional providers, it plays a vital role in shaping an informed and compassionate approach to dementia care.
This information is meant to be a general summary of Livewell Alliance 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: $399,044
- Program Service Revenue: $19,595,287
- Gross Receipts: $25,831,918
Assets and Liabilities:
- Total Assets: $28,866,757
- Total Liabilities: $22,222,400
- Net Assets: $6,644,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SKILLED NURSING
Revenue
$17,823,517
ASSISTED LIVING
Revenue
$1,733,093
CRL CENTER FOR RESILIENT LIVING
Revenue
$38,677
Organization Details
Founding Year
1990
Phone
(860) 628-9000Principal Officer
Michael Smith
Main Address
1261 S MAIN STREET, PLANTSVILLE, CT, 06479
Website
www.livewell.orgNTEE Category
Code: G83 - Disease
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