Overview
What is Margaretville Nursing Home Inc?
Margaretville Nursing Home Inc, also known as Mountainside Residential Care Center, is a 82-bed long-term care facility located in Margaretville, New York. Sponsored by Margaretville Hospital Inc, a not-for-profit corporation, this facility offers essential services to the elderly, disabled, and chronically impaired residents of the community. Operating under the tax-exempt status of a long-term care facility, the organization provides a sanctuary for those in need, striving to enhance their quality of life. With a dedicated workforce of 75 employees, the facility recorded a total of 19,523 resident days in 2022, maintaining an average occupancy rate of 65.23%.
Official website here: www.hahv.org/assisted-living.aspx
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Margaretville Nursing Home Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The rating is based entirely on the organization's fiscal responsibility, with an impressive score of 81% in this category. Key strengths include a fully independent board, comprehensive financial oversight, and robust governance policies, all of which are crucial in ensuring trust and transparency with stakeholders.
The nonprofit demonstrates strong financial health, evidenced by a program expense ratio of 75.29%, which suggests that a significant portion of its funding is directed towards its mission-related activities. Additionally, the organization has established essential policies such as conflict of interest and whistleblower protections, further enhancing its operational integrity. However, it is noted that executive salaries are relatively high, which could raise concerns regarding compensation practices in relation to overall financial efficiency.
Overall, while Margaretville Nursing Home Inc shows commendable governance and financial practices, potential donors and stakeholders may want to consider the high salaries of key personnel when evaluating the organization’s impact and value for money.
This AI summary has been generated from information found on Charity Navigator.
Is Margaretville Nursing Home Inc legitimate?
Margaretville Nursing Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margaretville Nursing Home 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: $3,357,270
For more financial information, click here
Official website here: www.hahv.org/assisted-living.aspx
What is the mission statement of Margaretville Nursing Home Inc?
Margaretville Nursing Home Inc, operating under the name Mountainside Residential Care Center, is a not-for-profit organization dedicated to serving the elderly, disabled, and chronically impaired individuals in the community. Its primary activity is the operation of a long-term care facility, which offers a comfortable living environment for these individuals. The mission of Margaretville Nursing Home Inc is to provide quality care and support, ensuring that each resident receives the attention and assistance they need. The facility is sponsored by Margaretville Hospital Inc, another not-for-profit organization that operates an adjacent critical access hospital. In 2022, the facility had a total of 19,523 resident days, with an average occupancy percentage of 65.23%.
Official website here: www.hahv.org/assisted-living.aspx
Who is the CEO of Margaretville Nursing Home Inc?
Unavailable
Official website here: www.hahv.org/assisted-living.aspx
What is the revenue of Margaretville Nursing Home Inc?
Margaretville Nursing Home Inc's revenue in 2022 was $4,496,368.
Official website here: www.hahv.org/assisted-living.aspx
Who are the executives of Margaretville Nursing Home Inc and what are their salaries?
The average compensation at Margaretville Nursing Home Inc during 2022 was $44,764. There are 75 employees and 2 volunteers at Margaretville Nursing Home Inc.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $80,962
- Other: $4,154
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $463,831
- Other: $61,455
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- Other: $0
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- Other: $0
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- Compensation: $0
- Related: $619,034
- Other: $8,701
- Compensation: $0
- Related: $357,908
- Other: $49,462
- Compensation: $0
- Related: $204,432
- Other: $46,066
- Compensation: $0
- Related: $210,568
- Other: $29,209
- Compensation: $127,904
- Related: $0
- Other: $11,490
- Compensation: $115,399
- Related: $0
- Other: $13,663
- Compensation: $132,287
- Related: $0
- Other: $15,221
- Compensation: $0
- Related: $202,304
- Other: $0
Official website here: www.hahv.org/assisted-living.aspx
Where can I find the form 990 for Margaretville Nursing Home Inc?
Margaretville Nursing Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hahv.org/assisted-living.aspx
Learn more at the official website: www.hahv.org/assisted-living.aspx
Mission Statement of Margaretville Nursing Home Inc
Margaretville Nursing Home Inc, operating under the name Mountainside Residential Care Center, is a not-for-profit corporation dedicated to serving the aged, disabled, and chronically impaired individuals within the community. Their mission is to operate a long-term care facility that provides a safe and supportive environment for these individuals, ensuring they receive the necessary care and attention they require. This facility, boasting 82 beds, is sponsored by Margaretville Hospital Inc, another not-for-profit corporation that operates an adjacent critical access hospital. In 2022, the facility reported a total of 19,523 resident days with an average occupancy percentage of 65.23%.
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Impact
October, 2024
Margaretville Nursing Home Inc plays a crucial role in the community by providing essential long-term care services for aged, disabled, and chronically impaired individuals. Operating as Mountainside Residential Care Center, the facility offers 82 beds, catering to the needs of residents from the surrounding areas. In 2022, the facility recorded a total of 19,523 resident days, reflecting its commitment to serving those who require sustained care.
The nursing home not only addresses the health needs of its residents but also fosters a sense of community and belonging through dedicated support and compassionate caregiving. Its operation is directly linked to the adjacent Margaretville Hospital, ensuring that residents have access to comprehensive medical services when needed.
By maintaining an average occupancy rate of 65.23%, Margaretville Nursing Home Inc serves as a vital resource for families looking for reliable care solutions in a familiar environment, ultimately enhancing the quality of life for those they serve.
This information is meant to be a general summary of Margaretville Nursing Home 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: $2,331
- Program Service Revenue: $4,404,850
- Gross Receipts: $4,496,368
Assets and Liabilities:
- Total Assets: $3,923,923
- Total Liabilities: $5,277,578
- Net Assets: -$1,353,655
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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
$4,404,850
Organization Details
Founding Year
1991
Phone
(845) 943-6084Main Address
42158 STATE HIGHWAY 28, MARGARETVILLE, NY, 12455
NTEE Category
Code: E91Z - Health
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