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Herman L Anderson Inc

Anderson Oaks Assisted Living

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

EIN: 300270917 ✦ Conway, SC ✦ Designated as a 501(c)(3)

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Overview

What is Herman L Anderson Inc?

Herman L Anderson Inc, with its doing business as name Anderson Oaks Assisted Living, is a nonprofit organization based in Conway, South Carolina. Specifically located at PO Box 1701, the organization operates an eighty-bed assisted living facility, providing essential services to the elderly and disabled. This includes offering nutritious meals as part of their comprehensive care. The team, consisting of 110 employees, plays a significant role in ensuring the well-being of their residents, providing them with a supportive living environment.


Official website here: www.andersonoaksassistedliving.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, earning it a Two-Star out of Four Star rating.

Herman L Anderson Inc has been evaluated with a Two-Star rating from Charity Navigator, indicating some concerns regarding its accountability and financial practices. The organization scores well in areas such as independent board member representation and financial statement oversight, suggesting a solid foundation in governance. However, the overall score reflects significant deficiencies in policies related to conflicts of interest, whistleblower protections, and document retention.

While the organization demonstrates a commitment to program expenses, allocating 100% of its expenses to programs, it lacks transparency in several key areas. The absence of a conflict of interest policy and a whistleblower policy raises questions about its adherence to best practices in nonprofit governance. Additionally, the failure to post its tax form on the website further detracts from its accountability.

These limitations prompt a need for improvement in transparency and governance practices to enhance trust and operational effectiveness. Prospective donors and stakeholders may wish to consider these factors when evaluating their support for Herman L Anderson Inc.


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

Is Herman L Anderson Inc legitimate?

Herman L Anderson Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Herman L Anderson 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: $1,469,493

For more financial information, click here


Official website here: www.andersonoaksassistedliving.com

What is the mission statement of Herman L Anderson Inc?

Herman L Anderson Inc is committed to operating an eighty-bed assisted living facility and providing meals for the elderly and disabled. Their mission is centered around providing a residential environment and nutritional support for individuals who require assistance due to their age or disability. The organization's primary goal is to ensure the comfort and well-being of its residents, offering them a place to live with the necessary care and meals.


Official website here: www.andersonoaksassistedliving.com

Who is the CEO of Herman L Anderson Inc?

Sandy Knight is the Director of Herman L Anderson Inc.


Official website here: www.andersonoaksassistedliving.com

What is the revenue of Herman L Anderson Inc?

Herman L Anderson Inc's revenue in 2022 was $2,722,476.


Official website here: www.andersonoaksassistedliving.com

Who are the executives of Herman L Anderson Inc and what are their salaries?

The average compensation at Herman L Anderson Inc during 2022 was $13,359. There are 110 employees at Herman L Anderson Inc.


Here are 5 key members and their salaries:


Vivian Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burnett Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Ray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johnny Shelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janie S Prince (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.andersonoaksassistedliving.com

Where can I find the form 990 for Herman L Anderson Inc?

Herman L Anderson Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.andersonoaksassistedliving.com

Learn more at the official website: www.andersonoaksassistedliving.com

Mission Statement of Herman L Anderson Inc

Herman L Anderson Inc, as stated in its mission, is committed to operating an eighty-bed assisted living facility and providing meals for the elderly and disabled. This nonprofit organization's primary focus is on catering to the needs of the elderly and disabled population, offering them a comfortable living space and nutritious meals. By doing so, Herman L Anderson Inc aims to enhance the quality of life for its residents, ensuring they receive the care and support they require. The organization's mission is centered around providing a safe and nurturing environment for its residents, enabling them to lead dignified and fulfilling lives.

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Impact




October, 2024

Herman L Anderson Inc significantly impacts the community in Conway, SC, by operating an eighty-bed assisted living facility that caters to the needs of the elderly and disabled. This facility provides essential housing and care services, ensuring that residents have a safe and supportive environment. Additionally, the organization serves meals, addressing the nutritional needs of individuals who may have limited access to healthy food options. By focusing on these critical aspects, Herman L Anderson Inc plays a vital role in enhancing the quality of life for some of the most vulnerable members of the community, promoting dignity, independence, and well-being among its residents.




This information is meant to be a general summary of Herman L Anderson 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.

Revenue
$2,722,476 (2022)
Expenses
$2,921,125 (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: $2,722,476
  • Gross Receipts: $2,722,476

Assets and Liabilities:

  • Total Assets: $3,710,332
  • Total Liabilities: $5,747,623
  • Net Assets: -$2,037,291

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Programs

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

RENTAL INCOME

Revenue

$2,630,495

APPLICATION FEES

Revenue

$44,750

MEAL SERVICE TO OUTSIDE ENTIT

Revenue

$35,656

OTHER INCOME

Revenue

$11,575

Organization Details

Founding Year

2003

Principal Officer

Sandy Knight

Main Address

PO BOX 1701, CONWAY, SC, 29528

NTEE Category

Code: L22 - Housing

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