Overview
What is Presbyterian Homes Of North Oaks Inc?
Presbyterian Homes of North Oaks Inc, a faith-based nonprofit in North Oaks, Minnesota, enriches the lives of older adults by providing a continuum of care. The campus comprises a 60-bed licensed nursing home, 89 assisted living apartments, including memory care and high-needs enhanced care, and 164 independent senior apartments. The organization's mission, as stated, is to honor God by improving the lives and touching the hearts of older adults. The campus offers a range of living options and is dedicated to providing compassionate care tailored to each resident's unique needs.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Presbyterian Homes Of North Oaks Inc received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas of accountability and finance. The score reflects a significant dependency on the organization’s financial practices, as the rating is derived entirely from a single beacon score. While the charity has shown good practices in areas such as audit oversight and conflict of interest policies, it struggled with board independence and financial health.
A major concern noted is the absence of independent board members, which could impact governance and transparency. The organization scored poorly on its liabilities to assets ratio, indicating potential financial risks. However, it demonstrated strong program expense efficiency, allocating a substantial percentage of its budget to programs rather than administrative expenses.
Overall, while Presbyterian Homes Of North Oaks Inc has established certain commendable policies and maintains a substantial program expense ratio, the lack of independent oversight and financial vulnerability are significant limitations that the organization will need to address to improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes Of North Oaks Inc legitimate?
Presbyterian Homes Of North Oaks Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Of North Oaks 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,353,563
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Presbyterian Homes Of North Oaks Inc?
Presbyterian Homes of North Oaks Inc is dedicated to enriching the lives and touching the hearts of older adults. The organization's mission is rooted in honoring God through its work. It provides various living options to cater to the unique needs of seniors, including a nursing home, assisted living apartments, and independent senior apartments. The nursing home offers care for those requiring skilled nursing, while the assisted living apartments are designed for individuals with memory care needs and those with high needs for enhanced care. The independent senior apartments enable older adults to maintain their independence while still receiving support if needed. The organization's goal is to create an environment that fosters dignity, compassion, and respect for all older adults, allowing them to live their best lives.
Official website here: www.preshomes.org
Who is the CEO of Presbyterian Homes Of North Oaks Inc?
Mark Meyer is the Board Chair/Ceo of Presbyterian Homes Of North Oaks Inc. The CEO's salary of Presbyterian Homes Of North Oaks Inc is $0 and their total compensation is $943,678.
Official website here: www.preshomes.org
What is the revenue of Presbyterian Homes Of North Oaks Inc?
Presbyterian Homes Of North Oaks Inc's revenue in 2022 was $23,022,012.
Official website here: www.preshomes.org
Who are the executives of Presbyterian Homes Of North Oaks Inc and what are their salaries?
There 74 volunteers at Presbyterian Homes Of North Oaks Inc.
Here are 8 key members and their salaries (Presbyterian Homes Of North Oaks Inc's CEO's salary is $0 and their total compensation is $943,678):
- Compensation: $0
- Related: $919,741
- Other: $23,937
- Compensation: $0
- Related: $445,702
- Other: $27,414
- Compensation: $0
- Related: $347,973
- Other: $20,328
- Compensation: $0
- Related: $323,989
- Other: $27,414
- Compensation: $0
- Related: $323,848
- Other: $19,541
- Compensation: $154,487
- Related: $0
- Other: $19,696
- Compensation: $100,307
- Related: $0
- Other: $10,169
- Compensation: $100,441
- Related: $0
- Other: $10,003
Official website here: www.preshomes.org
Where can I find the form 990 for Presbyterian Homes Of North Oaks Inc?
Presbyterian Homes Of North Oaks Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Presbyterian Homes Of North Oaks Inc
Presbyterian Homes of North Oaks, Inc. is a faith-based organization dedicated to enriching the lives and touching the hearts of older adults. The mission of this esteemed institution is to honor God by providing compassionate care and creating meaningful experiences for its senior residents.
The organization offers a continuum of care that includes a 60-bed licensed nursing home, 89 assisted living apartments with specialized memory care and high needs enhanced care units, and 164 independent senior apartments. Each living arrangement caters to the unique needs of older adults, ensuring they receive the care and support they require to thrive.
With a sincere commitment to its residents, Presbyterian Homes of North Oaks, Inc. strives to create an environment that fosters dignity, respect, and joy. The organization's caring team of professionals goes above and beyond to deliver personalized care and services, enabling older adults to live their best lives. Through its various programs and initiatives, the organization continues to uphold its mission and make a difference in the lives of those it serves.
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Impact
October, 2024
Presbyterian Homes Of North Oaks Inc significantly impacts the lives of older adults in the community by providing a range of living accommodations and care services designed to enhance their quality of life. Located in North Oaks, Minnesota, the organization operates a comprehensive campus that includes a licensed nursing home, assisted living apartments, and independent senior apartments, totaling over 300 units.
With a commitment to enriching lives and providing compassionate care, they cater to various needs, including memory care and enhanced support for high-needs residents. By fostering a supportive environment, they not only address the physical needs of seniors but also focus on their emotional and spiritual well-being. This dedication to honoring God through service creates a community where older adults feel valued, respected, and connected, ultimately leading to improved mental health and overall happiness among residents.
The organization's impact extends to families as well, offering peace of mind knowing their loved ones are receiving quality care in a compassionate setting. Through its mission-driven approach, Presbyterian Homes Of North Oaks Inc plays a vital role in enhancing the lives of older adults and contributing positively to the broader community.
This information is meant to be a general summary of Presbyterian Homes Of North Oaks 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: -$407,575
- Program Service Revenue: $22,818,096
- Gross Receipts: $23,031,438
Assets and Liabilities:
- Total Assets: $92,689,590
- Total Liabilities: $99,808,593
- Net Assets: -$7,119,003
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$22,818,096
Organization Details
Founding Year
2001
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: P75 - Human services
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