Overview
What is Grace Adult Homes?
Grace Adult Homes is a nonprofit organization committed to enhancing the lives of the elderly. Their mission involves developing, acquiring, constructing, and maintaining properties to provide long-term care services, including assisted living and Alzheimer's care. These facilities offer recreation, education, and social activities to cater to the residents' physical, social, and psychological needs. However, the COVID-19 pandemic had a significant impact on their operations, leading to a shutdown of housing operations in October and November 2021, which continued through 2022, including negotiations for the eventual return of the property to the Department of Housing and Urban Development.
Official website here: www.gracemanorassistedliving.org
Is Grace Adult Homes legitimate?
Grace Adult Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Adult Homes 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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Official website here: www.gracemanorassistedliving.org
What is the mission statement of Grace Adult Homes?
Grace Adult Homes' mission is centered around improving the lives of the elderly. They strive to achieve this by constructing and maintaining facilities that provide long-term care services, including assisted living and Alzheimer's care. These facilities also include spaces for recreation, instruction, and education. The organization's goal is to cater to the physical, social, and psychological needs of the elderly residents residing in these facilities. However, the COVID pandemic had a significant impact on their operations, leading to a shutdown of housing operations in October and November of 2021, which continued throughout 2022, including negotiations for the eventual return of the property to the Department of Housing and Urban Development.
Official website here: www.gracemanorassistedliving.org
Who is the CEO of Grace Adult Homes?
Joseph N Steakley is the Board Member of Grace Adult Homes.
Official website here: www.gracemanorassistedliving.org
What is the revenue of Grace Adult Homes?
Grace Adult Homes's revenue in 2022 was $413,765.
Official website here: www.gracemanorassistedliving.org
Who are the executives of Grace Adult Homes and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.gracemanorassistedliving.org
Where can I find the form 990 for Grace Adult Homes?
Grace Adult Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gracemanorassistedliving.org
Learn more at the official website: www.gracemanorassistedliving.org
Mission Statement of Grace Adult Homes
Grace Adult Homes, a nonprofit organization, is dedicated to improving the lives of the elderly by establishing and maintaining facilities that provide long-term care services. This includes assisted living and Alzheimer's care, equipped with recreational, instructional, and educational facilities. The mission of Grace Adult Homes is to cater to the physical, social, and psychological needs of its elderly residents. They strive to create an environment that goes beyond basic care, offering opportunities for recreation and social activities to enhance the overall well-being of their residents.
However, the COVID-19 pandemic had a significant impact on Grace Adult Homes' operations. The Department of Housing and Urban Development enforced a shutdown of the housing operations in October and November of 2021, which continued throughout 2022. This included negotiations for the eventual return of the property to the Department of Housing and Urban Development. Despite these challenges, Grace Adult Homes remains committed to its mission of providing comprehensive care and support for the elderly, aiming to create a nurturing and engaging community for its residents.
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Impact
October, 2024
Grace Adult Homes significantly enhances the quality of life for the elderly by creating supportive living communities designed for long-term care. These environments address the physical, social, and psychological needs of residents, providing essential services, recreation, and social activities that foster well-being and engagement.
The organization focuses on developing, acquiring, and maintaining facilities that not only offer assisted living but also ensure that residents have access to educational and recreational opportunities. This holistic approach helps alleviate the isolation often faced by elderly individuals and encourages a sense of community and belonging.
However, the COVID-19 pandemic presented formidable challenges, leading to the suspension of housing operations and affecting the delivery of care. Despite these setbacks, Grace Adult Homes continues to prioritize the health and well-being of its residents, adapting its services to meet ongoing and evolving needs.
Overall, Grace Adult Homes plays a crucial role in providing compassionate care and a nurturing environment where the elderly can thrive, emphasizing not just care but also dignity and respect in their later years.
This information is meant to be a general summary of Grace Adult Homes. 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.
- Program Service Revenue: $375
- Gross Receipts: $413,765
Assets and Liabilities:
- Total Assets: $2,681,598
- Total Liabilities: $5,110,047
- Net Assets: -$2,428,449
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER
Revenue
$375
Organization Details
Founding Year
2007
Phone
(615) 344-2936Principal Officer
Joseph N Steakley
Main Address
1420 OLD HICKORY BLVD, NASHVILLE, TN, 37207
NTEE Category
Code: L22 - Housing
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