Overview
What is Hearthstone Senior Communities Inc?
Hearthstone Senior Communities Inc is a Pennsylvania-based nonprofit organization that specializes in the care of the elderly. With a team of 1,333 dedicated professionals, they operate eight skilled nursing facilities, providing a combined capacity of 960 beds for rehabilitation and both short and long-term nursing and medical care. The organization is deeply committed to promoting an environment that encourages family involvement and offers numerous activities and programs to normalize the living experience for residents. In the past year, Hearthstone Senior Communities Inc has supported 147,569 resident days, making a significant impact on the lives of the elderly population they serve. Their mission encompasses the operation of nursing homes, the provision of housing for the elderly, and the development of medical programs for the care of the elderly, while also educating healthcare personnel on the proper care of the elderly population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor
Hearthstone Senior Communities Inc has received a very poor rating of 49% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. The organization struggles significantly with accountability and finance, particularly marked by a lack of independent board members, which is concerning for governance practices. While they have policies for conflict of interest and whistleblower protection, the absence of financial statements and a missing website listed on their tax forms raise questions about transparency.
Despite these challenges, Hearthstone shows a strong commitment to its programs, evidenced by a program expense ratio of 87.10%. This suggests that a substantial portion of their funds is allocated directly towards their mission. However, the liabilities to assets ratio is alarming at 102.97%, indicating potential financial instability that could hinder their operations in the long term.
Overall, while Hearthstone demonstrates a focus on its programmatic efforts, the significant governance and financial issues highlighted in the data present substantial limitations that prospective donors and stakeholders should carefully consider.
This AI summary has been generated from information found on Charity Navigator.
Is Hearthstone Senior Communities Inc legitimate?
Hearthstone Senior Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearthstone Senior Communities 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: $151,986
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,346,320
For more financial information, click here
What is the mission statement of Hearthstone Senior Communities Inc?
Hearthstone Senior Communities Inc is dedicated to operating nursing homes, providing housing, and developing medical programs for the elderly. Their mission encompasses the operation of one or more nursing homes, the provision of housing for the elderly, and the development of medical programs for their care. Additionally, they focus on educating healthcare personnel in the proper care of the elderly. Hearthstone Senior Communities Inc operates 8 skilled nursing facilities, offering a combined capacity of 960 beds for rehabilitation and both short and long-term nursing and medical care. They promote family involvement and normal activities for residents through various programs and activities. During the current year, they provided care for 147,569 resident days.
Who is the CEO of Hearthstone Senior Communities Inc?
Howard Jaffe is the Licensed Practical Nurse of Hearthstone Senior Communities Inc.
What is the revenue of Hearthstone Senior Communities Inc?
Hearthstone Senior Communities Inc's revenue in 2022 was $83,044,362.
Who are the executives of Hearthstone Senior Communities Inc and what are their salaries?
The average compensation at Hearthstone Senior Communities Inc during 2022 was $26,630. There are 1333 employees at Hearthstone Senior Communities Inc.
Here are 10 key members and their salaries:
- Compensation: $195,776
- Related: $0
- Other: $15,621
- Compensation: $183,787
- Related: $0
- Other: $8,136
- Compensation: $179,848
- Related: $0
- Other: $0
- Compensation: $177,811
- Related: $0
- Other: $8,796
- Compensation: $176,946
- Related: $0
- Other: $7,232
- Compensation: $82,039
- Related: $0
- Other: $0
- Compensation: $12,222
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
Where can I find the form 990 for Hearthstone Senior Communities Inc?
Hearthstone Senior Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hearthstone Senior Communities Inc
Hearthstone Senior Communities Inc, a respected nonprofit organization, is dedicated to the operation of nursing homes, the provision of housing, and the development of medical programs for the elderly. With a mission that goes beyond just care, Hearthstone aims to create a nurturing environment for seniors, offering them rehabilitation and both short and long-term nursing and medical care.
At the heart of Hearthstone Senior Communities Inc's operations are eight skilled nursing facilities, each with a capacity of 960 beds. These facilities are committed to ensuring the well-being of patients and residents, providing them with the necessary attention and care. In addition to medical support, Hearthstone offers a variety of activities and programs that promote family involvement and a normalized living environment. These initiatives foster a sense of community and contribute to the overall well-being of the elderly population under their care.
Throughout the current year, Hearthstone Senior Communities Inc has been instrumental in providing 147,569 resident days, demonstrating their unwavering dedication to the elderly population they serve. With a focus on care, community, and involvement, Hearthstone Senior Communities Inc continues to make a difference in the lives of seniors, ensuring they receive the best possible care and support during their golden years.
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Impact
October, 2024
Hearthstone Senior Communities Inc significantly impacts the elderly population by operating eight skilled nursing facilities with a combined capacity of 960 beds. This organization provides essential rehabilitation, short- and long-term nursing care, and medical services tailored to meet the diverse needs of seniors. In promoting a normalized environment, Hearthstone enhances the quality of life for residents by offering various activities and programs that encourage family involvement and community engagement.
In the past year, the organization recorded 147,569 resident days, demonstrating a high level of utilization and reflecting its role as a crucial support system for elderly individuals requiring care. By facilitating housing, health programs, and education for healthcare personnel, Hearthstone ensures that both residents and staff are equipped to uphold the highest standards of care for the elderly. Thus, the organization's dedication and comprehensive approach substantially contribute to the health and well-being of seniors in the community.
This information is meant to be a general summary of Hearthstone Senior Communities 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: $13,308
- Program Service Revenue: $81,133,704
- Gross Receipts: $83,044,362
Assets and Liabilities:
- Total Assets: $102,382,240
- Total Liabilities: $105,423,695
- Net Assets: -$3,041,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESIDENT SERVICE REVENUE
Revenue
$80,054,447
OTHER RESIDENT REVENUE
Revenue
$1,079,257
Organization Details
Founding Year
1996
Phone
(215) 346-6454Principal Officer
Howard Jaffe
Main Address
TWO BALA CYNWYD PLAZA 300, BALA CYNWYD, PA, 19004
NTEE Category
Code: E120 - Health
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