Overview
What is Care Resources?
Care Resources is a Michigan-based nonprofit organization situated in Grand Rapids, dedicated to offering comprehensive healthcare and social services to approximately 3,450 members or around 288 participants monthly. The nonprofit primarily focuses on catering to the needs of the indigent and frail elderly, preventing the need for nursing home care under Medicaid and Medicare programs. Care Resources delivers a range of services, including transportation, social services, day center activities, outpatient and inpatient care, home care services, and housing assistance. Their mission is to provide all-inclusive care and support for those who would typically require long-term care facilities.
Official website here: www.care-resources.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Care Resources has received an 81% rating from Charity Navigator, which highlights its solid commitment to accountability and financial management. The rating is solely derived from the accountability and finance beacon, indicating a robust performance in these areas, with a perfect score in several key metrics such as financial oversight and conflict of interest policies.
The organization showcases strong financial health, evidenced by its low liabilities to assets ratio of 34.56% and an impressive program expense ratio of 94.29%, suggesting that the majority of its funds are directed towards its programs rather than administrative costs. This demonstrates a commitment to fulfilling its mission through effective resource allocation.
However, while the high scores in accountability and finance are commendable, the absence of ratings in other areas could suggest limited insight into other operational aspects of the organization. Potential donors may want to consider looking for additional information regarding Care Resources' programmatic impact and overall effectiveness in achieving its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Care Resources legitimate?
Care Resources is a legitimate nonprofit organization registered as a 501(c)(3) entity. Care Resources 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: $0
For more financial information, click here
Official website here: www.care-resources.org
What is the mission statement of Care Resources?
Care Resources is a non-profit organization dedicated to providing comprehensive healthcare and social services to the indigent and frail elderly, preventing their need for nursing home care under Medicaid and Medicaid programs. As a PACE (Program of All-Inclusive Care for the Elderly) organization, Care Resources offers an array of services to ensure the wellbeing of its members. These services include transportation, care management, social work, day center activities, outpatient and inpatient care, home care assistance, and housing support. By offering these services, Care Resources enables its approximately 288 monthly participants to live independently, enhancing their quality of life and fostering their dignity.
Official website here: www.care-resources.org
Who is the CEO of Care Resources?
Tracey Mcknight is the Director of Care Resources. The CEO's salary of Care Resources is $0 and their total compensation is $218,294.
Official website here: www.care-resources.org
What is the revenue of Care Resources?
Care Resources's revenue in 2022 was $29,643,399.
Official website here: www.care-resources.org
Who are the executives of Care Resources and what are their salaries?
Here are 8 key members and their salaries (Care Resources's CEO's salary is $0 and their total compensation is $218,294):
- Compensation: $0
- Related: $539,713
- Other: $19,000
- Compensation: $0
- Related: $291,120
- Other: $19,755
- Compensation: $0
- Related: $218,294
- Other: $0
- Compensation: $0
- Related: $207,268
- Other: $0
- Compensation: $0
- Related: $148,110
- Other: $0
- Compensation: $0
- Related: $135,008
- Other: $5,011
- Compensation: $0
- Related: $139,796
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.care-resources.org
Where can I find the form 990 for Care Resources?
Care Resources's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.care-resources.org
Learn more at the official website: www.care-resources.org
Mission Statement of Care Resources
Care Resources, a PACE (Program of All-inclusive Care for the Elderly) organization, is dedicated to delivering comprehensive health care and social services to the indigent and frail elderly population. These individuals, who would otherwise require nursing home care under the Medicaid and Medicare programs, are the primary focus of Care Resources. The organization offers approximately 3,450 member months of service, equating to an average of 288 participants each month.
Care Resources' mission is twofold. Firstly, it aims to provide thorough health care services, including outpatient and inpatient care, as well as home care assistance, to help improve and maintain the health and wellbeing of its clients. Secondly, it offers essential social services such as transportation, care management, and day center activities to address the specific needs of the indigent and frail elderly population. Furthermore, the organization extends its support by providing housing assistance to enable these individuals to live in a safe and stable environment.
By offering a wide range of services under one roof, Care Resources effectively prevents the need for its clients to navigate various healthcare and social services systems. This holistic approach not only improves the quality of life for the elderly population but also helps reduce the burden on the healthcare system. Care Resources' commitment to serving this vulnerable community is evident in its provision of essential services and support, enabling them to live with dignity and independence.
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Impact
October, 2024
Care Resources significantly impacts the lives of the indigent and frail elderly in Grand Rapids, Michigan, by providing comprehensive health care and social services. By serving an average of 288 participants each month, Care Resources helps individuals who would otherwise qualify for nursing home care access essential services that promote their well-being and independence.
The organization facilitates a range of critical services, including transportation, care management, social services, and various day center activities, ensuring that community members receive holistic support. It also extends its efforts to include outpatient and inpatient care, home care services, and housing assistance, enhancing the quality of life for seniors.
Through this comprehensive approach, Care Resources not only addresses immediate health care needs but also fosters a supportive community that empowers frail elderly individuals to maintain their dignity and autonomy. The impact of these services resonates far beyond individual participants, contributing to the overall health and vitality of the Grand Rapids community.
This information is meant to be a general summary of Care Resources. 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: $442
- Program Service Revenue: $28,577,039
- Gross Receipts: $29,643,399
Assets and Liabilities:
- Total Assets: $13,057,362
- Total Liabilities: $5,486,380
- Net Assets: $7,570,982
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Medicare/Medicaid
Revenue
$28,577,039
Organization Details
Founding Year
2003
Phone
(616) 913-2006Principal Officer
Tracey Mcknight
Main Address
4150 Kalamazoo Ave SE, Grand Rapids, MI, 49508
Website
www.care-resources.orgNTEE Category
Code: E99 - Health
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