Overview
What is Clark Memorial Home Association?
Clark Memorial Home Association is a nonprofit organization situated in Springfield, Ohio. Their primary mission is to operate and manage a licensed residential care facility for elderly women, ensuring they deliver quality care and offer financial assistance within their financial capabilities. The organization's efforts encompass providing a living environment for elderly women, demonstrating their commitment to community support and elderly welfare.
Official website here: www.clarkmemorialhome.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Clark Memorial Home Association has received a solid rating of 81% from Charity Navigator, reflecting strong accountability and financial health. This score is derived entirely from a comprehensive evaluation of its financial management practices, showcasing effective oversight and responsible use of resources.
The organization boasts a fully independent board with 100% of its members meeting independence criteria, which contributes to its high scores in governance. Additionally, it has demonstrated excellent financial ratios, with a low liabilities-to-assets ratio of 0.13% and a program expense ratio of 92.93%, indicating that a significant portion of its budget is directed towards its mission-driven programs.
While the organization shows impressive strengths in financial accountability and governance policies, the rating is based solely on one aspect of performance, which may limit a broader assessment of its overall impact and operational effectiveness. Nonetheless, its commitment to transparency and effective financial management is commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Clark Memorial Home Association legitimate?
Clark Memorial Home Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clark Memorial Home Association 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: $75,521
Professional Fundraising Fees: $0
Other Salaries and Wages: $312,950
For more financial information, click here
Official website here: www.clarkmemorialhome.com
What is the mission statement of Clark Memorial Home Association?
The Clark Memorial Home Association's mission involves maintaining a residential care facility for elderly women in a lawful and effective manner. Their primary objective is to offer high-quality care and provide financial assistance to these women, to the extent of their available resources. The organization operates this facility with a focus on providing a supportive environment for its elderly female residents.
Official website here: www.clarkmemorialhome.com
Who is the CEO of Clark Memorial Home Association?
Ms Catherine Estep is the Board Member of Clark Memorial Home Association.
Official website here: www.clarkmemorialhome.com
What is the revenue of Clark Memorial Home Association?
Clark Memorial Home Association's revenue in 2022 was $641,810.
Official website here: www.clarkmemorialhome.com
Who are the executives of Clark Memorial Home Association and what are their salaries?
The average compensation at Clark Memorial Home Association during 2022 was $16,890. There are 23 employees at Clark Memorial Home Association.
Here are 7 key members and their salaries:
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Official website here: www.clarkmemorialhome.com
Where can I find the form 990 for Clark Memorial Home Association?
Clark Memorial Home Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clarkmemorialhome.com
Learn more at the official website: www.clarkmemorialhome.com
Mission Statement of Clark Memorial Home Association
Clark Memorial Home Association is committed to operating a licensed residential care facility for elderly women with dignity and excellence. Their mission is to provide quality care and financial assistance to these women, utilizing their available resources effectively. The organization strives to maintain a safe and nurturing environment, ensuring the well-being of its residents and offering them the support they need during their golden years.
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Impact
July, 2024
Clark Memorial Home Association's impact is significant in Springfield, Ohio, as it provides quality care and financial assistance to elderly women through its licensed residential care facility. By offering a supportive and safe environment for this vulnerable population, the organization plays a crucial role in meeting the needs of elderly women in the community. Their commitment to maintaining and operating the facility demonstrates their dedication to improving the lives of those they serve, while also addressing the financial limitations that may affect access to care. Through their programs and services, Clark Memorial Home Association positively impacts the well-being and quality of life of elderly women in Springfield.
This information is meant to be a general summary of Clark Memorial Home Association. 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: $80,526
- Program Service Revenue: $333,473
- Gross Receipts: $641,810
Assets and Liabilities:
- Total Assets: $2,518,027
- Total Liabilities: $3,240
- Net Assets: $2,514,787
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT CHARGES
Revenue
$333,473
Organization Details
Founding Year
1944
Phone
(937) 399-4262Principal Officer
Ms Catherine Estep
Main Address
106 KEWBURY RD, SPRINGFIELD, OH, 45504
Website
www.clarkmemorialhome.comNTEE Category
Code: P20 - Human services
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