Overview
What is Penacook Place Inc?
Penacook Place Inc is a 160-bed nursing home and rehabilitation facility located in Haverhill, Massachusetts. Established as a non-profit organization, its mission is to provide the highest possible quality of life for its residents. The team of professionals at Penacook Place is dedicated to addressing the medical, social, psychological, and therapeutic needs of its residents with expertise and compassion. With a workforce of 261 employees, the facility offers a warm and welcoming environment, committed to the Golden Rule and exceeding the expectations of its residents and visitors.
Official website here: www.penacookplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Penacook Place Inc has achieved an 81% score on Charity Navigator, indicating solid performance primarily in the area of accountability and finance. The charity is recognized for maintaining a fully independent board, exhibiting strong governance practices with high scores in audit oversight and financial transparency, which contributes positively to its overall rating.
The organization demonstrates a commendable program expense ratio of 90.88%, reflecting efficiency in how it allocates its funds toward mission-driven activities. All essential policies, including conflict of interest and whistleblower protections, are well established and documented, showcasing a commitment to ethical operations and transparency.
However, while Penacook Place Inc excels in accountability, the information does not provide insights into the effectiveness of its programs or the direct impact of its services. This could be an area for potential growth, as stakeholders may seek a more comprehensive understanding of the outcomes generated by the charity's initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Penacook Place Inc legitimate?
Penacook Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penacook Place 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: $158,717
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,405,098
For more financial information, click here
Official website here: www.penacookplace.org
What is the mission statement of Penacook Place Inc?
Penacook Place Inc is dedicated to enhancing the quality of life for its residents. This caring organization strives to create a clean, safe, and attractive living environment. The team at Penacook Place adheres to the Golden Rule, treating each resident with the same level of compassion and care that they would want for themselves. The mission is not only to meet but exceed the expectations of residents and others they interact with. Penacook Place values hospitality, courtesy, cooperation, and respect, extending these qualities to all residents, family members, employees, volunteers, and visitors.
Official website here: www.penacookplace.org
Who is the CEO of Penacook Place Inc?
Devon Cormier is the Principal Officer of Penacook Place Inc.
Official website here: www.penacookplace.org
What is the revenue of Penacook Place Inc?
Penacook Place Inc's revenue in 2022 was $14,137,827.
Official website here: www.penacookplace.org
Who are the executives of Penacook Place Inc and what are their salaries?
The average compensation at Penacook Place Inc during 2022 was $28,980. There are 261 employees and 8 volunteers at Penacook Place Inc.
Here are 14 key members and their salaries:
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- Compensation: $137,378
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- Compensation: $125,306
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- Other: $4,198
- Compensation: $116,031
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- Other: $10,932
Official website here: www.penacookplace.org
Where can I find the form 990 for Penacook Place Inc?
Penacook Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.penacookplace.org
Learn more at the official website: www.penacookplace.org
Mission Statement of Penacook Place Inc
Penacook Place Inc, a dedicated nonprofit organization, strives to enhance the quality of life for its residents. By upholding a clean, safe, and attractive environment, the team at Penacook Place goes above and beyond to ensure the well-being of those they serve. Embodying the "Golden Rule," they treat each resident with the same level of care and respect that they would desire for themselves.
Penacook Place Inc not only meets but exceeds the expectations of its residents and those they come in contact with. The organization fosters an atmosphere of hospitality, courtesy, cooperation, and respect, where every resident feels valued and appreciated. By implementing these core values, Penacook Place creates a warm and welcoming community where individuals can thrive and feel at home.
In their mission to promote the highest possible quality of life, Penacook Place Inc goes beyond basic needs and focuses on the overall well-being of its residents. They are committed to providing a supportive and nurturing environment where each person can live with dignity and independence. The team at Penacook Place is dedicated to making a positive impact on the lives of those they serve and fostering a sense of community and belonging.
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Impact
October, 2024
Penacook Place Inc significantly enhances the quality of life for its residents by providing a dedicated and compassionate environment tailored to their diverse needs. Situated in Haverhill, MA, this 160-bed nursing home and rehabilitation facility focuses on delivering exceptional care across medical, social, psychological, and therapeutic dimensions.
The professional team at Penacook Place is specifically trained to meet the unique demands of each resident, ensuring that individuals receive personalized attention and support. With a commitment to maintaining a clean, safe, and welcoming environment, their approach aligns with the principle of caring for residents as they would want to be cared for themselves. This commitment to the Golden Rule fosters a culture of respect and dignity, not only among residents but also extending to family members, staff, and visitors.
By prioritizing hospitality, courtesy, and cooperation, Penacook Place cultivates a warm community where residents can thrive. This compassionate care model not only meets but strives to exceed the expectations of those they serve, making Penacook Place a critical resource in the health and wellness landscape of the region.
This information is meant to be a general summary of Penacook Place 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: $181
- Program Service Revenue: $14,131,657
- Gross Receipts: $14,137,827
Assets and Liabilities:
- Total Assets: $4,917,415
- Total Liabilities: $6,809,580
- Net Assets: -$1,892,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient services
Revenue
$14,131,657
Organization Details
Founding Year
1969
Phone
(978) 374-0707Principal Officer
Devon Cormier
Main Address
150 Water Street, Haverhill, MA, 01830
Website
www.penacookplace.orgNTEE Category
Code: E910 - Health
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