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Chicares Assisted Living Ltd

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260565866 ✦ Canton, MI ✦ Designated as a 501(c)(3)

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Overview

What is Chicares Assisted Living Ltd?

Chicares Assisted Living Ltd, situated in Canton, Michigan, is a nonprofit organization committed to offering residential care for adults suffering from mental illness. With a team of 21 dedicated individuals, they deliver round-the-clock support according to pre-established treatment plans. The organization's primary mission is to ensure the well-being of their residents, providing them with essential care and assistance. The nonprofit's activities encompass offering a nurturing environment and tailored care plans for individuals in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Chicares Assisted Living Ltd has received a Three-Star rating from Charity Navigator, reflecting an 82% score based solely on its accountability and finance metrics. This rating indicates a strong emphasis on financial health and governance practices, which suggests that the organization is effectively managing its resources and maintaining transparency in its operations.

One of the notable strengths of Chicares Assisted Living Ltd is its board composition, boasting 100% independent members, which enhances governance and reduces potential conflicts of interest. Additionally, the organization has achieved a low liabilities to assets ratio of 3.54%, indicating a stable financial position. With a program expense ratio of 75.59%, a significant portion of its expenses is directed towards its mission-related activities, showcasing commitment to service delivery.

Despite these strengths, the Three-Star rating suggests that there may be areas for improvement. A more detailed review of performance metrics beyond financial accountability could provide a fuller understanding of the organization's overall impact and effectiveness in its service delivery. Overall, Chicares Assisted Living Ltd demonstrates solid financial management and governance practices, positioning it as a reliable nonprofit in the assisted living sector.


This AI summary has been generated from information found on Charity Navigator.

Is Chicares Assisted Living Ltd legitimate?

Chicares Assisted Living Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chicares Assisted Living Ltd 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: $383,359

For more financial information, click here

What is the mission statement of Chicares Assisted Living Ltd?

Chicares Assisted Living Ltd is committed to delivering round-the-clock residential care for adults dealing with mental illness. Their mission revolves around providing care based on pre-established treatment plans for each individual under their supervision. By focusing on this mission, they strive to support and assist these adults in their daily living, aiming to improve their quality of life. The facility operates with the goal of ensuring that each resident receives the necessary care and attention they require.

Who is the CEO of Chicares Assisted Living Ltd?

Chinyelu Anwunah is the President of Chicares Assisted Living Ltd.

What is the revenue of Chicares Assisted Living Ltd?

Chicares Assisted Living Ltd's revenue in 2022 was $581,627.

Who are the executives of Chicares Assisted Living Ltd and what are their salaries?

The average compensation at Chicares Assisted Living Ltd during 2022 was $18,255. There are 21 employees at Chicares Assisted Living Ltd.


Here are 4 key members and their salaries:


Chinyelu Anwunah (President)
  • Compensation: $100,004
  • Related: $0
  • Other: $0
Chris Onwusurike (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Anene (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuk Izuegbunam (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chicares Assisted Living Ltd?

Chicares Assisted Living Ltd's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chicares Assisted Living Ltd

Chicares Assisted Living Ltd is dedicated to providing round-the-clock residential care for adults struggling with mental illness. Their mission is centered around providing a supportive environment where individuals can receive care according to a pre-established treatment plan. The organization's primary focus is on ensuring the well-being and recovery of each resident under their care. They strive to create an atmosphere of compassion and understanding, fostering an environment where adults with mental illness can find solace and begin their journey towards recovery.

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Impact




July, 2024

Chicares Assisted Living Ltd's impact is evident in the provision of round-the-clock residential care to adults with mental illness in Canton, MI. By offering support and assistance to individuals in need, Chicares Assisted Living Ltd contributes to the well-being and quality of life of those under its care. Through their mission of providing comprehensive residential care services, they make a positive difference in the lives of adults struggling with mental health challenges.




This information is meant to be a general summary of Chicares Assisted Living Ltd. 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.

Revenue
$581,627 (2022)
Expenses
$697,962 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $581,627
  • Gross Receipts: $581,627

Assets and Liabilities:

  • Total Assets: $172,483
  • Total Liabilities: $6,117
  • Net Assets: $166,366

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Community Mental Health

Revenue

$581,627

Social Security Benefit

Organization Details

Founding Year

2007

Principal Officer

Chinyelu Anwunah

Main Address

46908 WAREHAM, Canton, MI, 48187

NTEE Category

Code: P20 - Human services

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