Overview
What is Phscottage Grove Inc?
Phscottage Grove Inc, a nonprofit organization based in Cottage Grove, Minnesota, offers various living solutions for older adults. Their campus houses an 18-apartment memory care assisted living facility, 40 traditional assisted living apartments with 19 designated for high acuity enhanced care suites, 150 independent senior apartments, and a 72-bed skilled nursing facility. The mission of Phscottage Grove Inc is to enrich the lives and touch the hearts of older adults by honoring God. Their services cater to diverse needs, ensuring older adults receive the appropriate care and support they require.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Phscottage Grove Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 66%, the organization shows strengths in certain areas, such as its program expense ratio, which stands at an impressive 88%. This suggests that the majority of its expenses are directed towards its programs rather than administrative costs.
However, the organization faces significant challenges, particularly in governance, as it lacks independent board members. This absence raises concerns about its oversight and decision-making processes. Additionally, while it has strong financial controls in place, such as a conflict of interest policy and documentation practices, the overall financial health is questionable due to a liabilities to assets ratio of over 100%, which indicates potential financial instability.
The organization has been transparent in some aspects, providing necessary policies and documentation, yet it fails to post its tax forms on its website, which detracts from its overall accountability. While Phscottage Grove Inc demonstrates a commitment to its programmatic mission, it will need to address its governance and financial health to enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Phscottage Grove Inc legitimate?
Phscottage Grove Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phscottage Grove 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: $6,326,965
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Phscottage Grove Inc?
Phscottage Grove Inc is an organization dedicated to enriching the lives and touching the hearts of older adults. Through its various programs and services, the organization strives to honor God by providing care and support to elderly individuals. The organization offers memory care specific assisted living, traditional assisted living, and independent senior apartments, as well as a skilled nursing facility. These living options cater to different levels of care, from high acuity enhanced care suites to independent living. The mission of Phscottage Grove Inc goes beyond physical care, aiming to create an environment that touches the hearts of its residents and brings joy and meaning to their lives.
Official website here: www.preshomes.org
Who is the CEO of Phscottage Grove Inc?
Mark Meyer is the Board Chair/Ceo of Phscottage Grove Inc. The CEO's salary of Phscottage Grove Inc is $0 and their total compensation is $943,678.
Official website here: www.preshomes.org
What is the revenue of Phscottage Grove Inc?
Phscottage Grove Inc's revenue in 2022 was $15,011,591.
Official website here: www.preshomes.org
Who are the executives of Phscottage Grove Inc and what are their salaries?
There 3 volunteers at Phscottage Grove Inc.
Here are 7 key members and their salaries (Phscottage Grove 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: $119,061
- Related: $0
- Other: $19,471
- Compensation: $120,804
- Related: $0
- Other: $9,683
Official website here: www.preshomes.org
Where can I find the form 990 for Phscottage Grove Inc?
Phscottage Grove 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 Phscottage Grove Inc
Phscottage Grove Inc, a reputable organization, is dedicated to enriching the lives and touching the hearts of older adults. By honoring God, this mission-driven entity strives to make a difference in the lives of those in their care. Phscottage Grove Inc's commitment extends to various living arrangements, including an eighteen-apartment memory care specific assisted living, forty traditional assisted living apartments with nineteen designated for high acuity enhanced care suites, one hundred fifty independent senior apartments, and a seventy-two bed skilled nursing facility. The organization's diverse range of offerings caters to the unique needs of older adults, providing them with a sense of community and support as they navigate the aging process. Through its compassionate care and commitment to honoring God, Phscottage Grove Inc continues to make a meaningful impact on the lives of older adults.
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Impact
October, 2024
Phscottage Grove Inc significantly enriches the lives of older adults in the Cottage Grove, MN area by providing a comprehensive range of living options tailored to their needs. The organization operates an 18-apartment memory care facility that offers specialized support for individuals with cognitive challenges, ensuring they receive the care and attention necessary for their well-being.
Additionally, the 40 traditional assisted living apartments, including 19 designated high acuity enhanced care suites, cater to those requiring varying levels of assistance, promoting independence while ensuring safety and support. The 150 independent senior apartments foster a vibrant community for seniors wishing to maintain autonomy while benefiting from communal resources and activities.
Moreover, the 72-bed skilled nursing facility on campus offers critical medical support for residents who require additional health care assistance. This holistic approach not only addresses the physical needs but also impacts the emotional and spiritual lives of seniors, enhancing their quality of life. Through its dedicated services, Phscottage Grove Inc plays a vital role in nurturing a supportive and compassionate environment for older adults, honoring their dignity and encouraging a fulfilling lifestyle.
This information is meant to be a general summary of Phscottage Grove 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: -$21,905
- Program Service Revenue: $13,622,583
- Gross Receipts: $15,018,814
Assets and Liabilities:
- Total Assets: $56,621,809
- Total Liabilities: $64,281,641
- Net Assets: -$7,659,832
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$13,622,583
Organization Details
Founding Year
2004
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: L22 - Housing
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