Overview
What is Monroe County Nursing Home Memorial Endowment Association?
The Monroe County Nursing Home Memorial Endowment Association is a nonprofit organization situated in Waterloo, Illinois, specifically at 623 Hamacher Street. Their primary mission is to support the Monroe County Nursing Home, known as Oak Hill, by funding improvements, maintenance, construction, and general use. This association's purpose is to contribute to the well-being and betterment of the nursing home, ensuring it continues to provide essential care to its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating. This rating indicates that while the Monroe County Nursing Home Memorial Endowment Association demonstrates some strengths in accountability and finance, there are significant areas for improvement that impact its overall score.
The organization has performed well in certain accountability metrics, achieving full marks for having a majority of independent board members and a solid liabilities to assets ratio. Additionally, it consistently documents board meeting minutes and maintains a high program expense ratio, which suggests effective allocation of funds toward its programs.
However, the nonprofit is lacking in critical governance policies, as evidenced by the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These gaps may raise concerns about transparency and the organization’s overall governance practices, contributing to its lower rating.
This AI summary has been generated from information found on Charity Navigator.
Is Monroe County Nursing Home Memorial Endowment Association legitimate?
Monroe County Nursing Home Memorial Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe County Nursing Home Memorial Endowment Association 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.
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What is the mission statement of Monroe County Nursing Home Memorial Endowment Association?
The Monroe County Nursing Home Memorial Endowment Association's mission is centered around supporting a specific nursing home, referred to as Oak Hill. Their primary objective is to facilitate improvements, maintenance, and construction of this nursing home. In essence, their mission is geared towards enhancing the overall condition and functionality of Oak Hill, ensuring it continues to serve its intended purpose effectively.
Who is the CEO of Monroe County Nursing Home Memorial Endowment Association?
George Obernagel is the Chairman of Monroe County Nursing Home Memorial Endowment Association.
What is the revenue of Monroe County Nursing Home Memorial Endowment Association?
Monroe County Nursing Home Memorial Endowment Association's revenue in 2022 was $108,924.
Who are the executives of Monroe County Nursing Home Memorial Endowment Association and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Monroe County Nursing Home Memorial Endowment Association?
Monroe County Nursing Home Memorial Endowment Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Monroe County Nursing Home Memorial Endowment Association
The Monroe County Nursing Home Memorial Endowment Association, in its mission, is dedicated to supporting the Monroe County Nursing Home, specifically in areas of improvements, maintenance, construction, and general usage. This association's primary goal is to contribute to the well-being and betterment of the Oak Hill Nursing Home in Waterloo, IL. By doing so, the Monroe County Nursing Home Memorial Endowment Association aims to enhance the living conditions and overall experience for the residents at the Oak Hill Nursing Home.
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Impact
October, 2024
The Monroe County Nursing Home Memorial Endowment Association plays a vital role in enhancing the quality of care at Oak Hill Nursing Home in Waterloo, IL. By providing financial support for improvements, maintenance, construction, and general use, the association ensures that residents receive a safe, comfortable, and nurturing environment. This support directly impacts the overall well-being of the residents, fostering both their physical health and emotional comfort.
Through its dedication to enhancing the facilities and services at Oak Hill, the association contributes to better health outcomes and an improved quality of life for seniors. The focus on continuous improvements ensures that the nursing home can adapt to changing needs and standards in elder care, promoting a positive living experience for all residents. Ultimately, this association strengthens the community's commitment to honoring and supporting its elderly population.
This information is meant to be a general summary of Monroe County Nursing Home Memorial Endowment Association. 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: $108,924
- Gross Receipts: $287,679
Assets and Liabilities:
- Total Assets: $1,981,336
- Total Liabilities: $0
- Net Assets: $1,981,336
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Organization Details
Founding Year
1972
Phone
(618) 281-7012Principal Officer
George Obernagel
Main Address
623 HAMACHER ST, WATERLOO, IL, 62298
NTEE Category
Code: E91I - Health
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