Overview
What is Genesis Healthcare System Group Return?
Genesis Healthcare System Group Return refers to a collection of affiliated entities, including Genesis Healthcare Foundation, CareServe, and Bethesda Hospitality Shop & Events, working under the umbrella of Genesis Healthcare System, a 501(c)(3) organization. The Genesis Healthcare Foundation contributes to the hospital, medical equipment, programs, and education, having absorbed assets from Bethesda Health Foundation and Good Samaritan Medical Center Foundation in 1999. CareServe, previously offering skilled nursing care through facilities in Zanesville and McConnelsville, sold its beds and property in McConnelsville in 2010, with the Zanesville property leased until 2013. The net book value of the McConnelsville property was then transferred to Genesis Healthcare System to support their Behavioral Health Services. Bethesda Hospitality Shop & Events, operated by volunteers, generates revenue through sales to support Genesis Healthcare System's mission of providing compassionate, quality healthcare. The group's primary goal is to promote charitable support for Genesis Healthcare System.
Official website here: www.genesishcs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Genesis Healthcare System Group has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 96%, the organization demonstrates a high level of transparency and effective governance, highlighted by a board composed of 92% independent members. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further enhances their credibility.
The financial health of Genesis Healthcare System Group is notable, with a low liabilities to assets ratio of just 0.19%, indicating strong fiscal management. Additionally, the organization allocates a significant portion of its budget—80.38%—toward program expenses, underscoring its commitment to utilizing resources effectively for its mission.
While the organization showcases robust systems and policies, there are no major limitations or concerns highlighted in the data. This positions Genesis Healthcare System Group as a reliable and responsible option for potential donors seeking to support a nonprofit with a strong ethical foundation.
This AI summary has been generated from information found on Charity Navigator.
Is Genesis Healthcare System Group Return legitimate?
Genesis Healthcare System Group Return is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesis Healthcare System Group Return 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: $358,810
For more financial information, click here
Official website here: www.genesishcs.org
What is the mission statement of Genesis Healthcare System Group Return?
Genesis Healthcare System Group Return aims to foster charitable support for Genesis Healthcare System, aligning with its mission to deliver compassionate and high-quality healthcare. The affiliates of Genesis Healthcare System, as a 501(c)(3) organization, contribute to this goal by funding various programs, equipment, and educational initiatives within the healthcare system. Notably, Genesis Healthcare Foundation has supported the construction of a new hospital and provides funding for miscellaneous medical equipment and programs. Additionally, the assets of Bethesda Health Foundation and Good Samaritan Medical Center Foundation were transferred to Genesis Healthcare Foundation in 1999. The Bethesda Hospitality Shop, run by volunteers, generates funds through sales to support the organization's activities.
Official website here: www.genesishcs.org
Who is the CEO of Genesis Healthcare System Group Return?
Matthew Perry is the President/Ceo of Genesis Healthcare System Group Return. The CEO's salary of Genesis Healthcare System Group Return is $0 and their total compensation is $1,030,041.
Official website here: www.genesishcs.org
What is the revenue of Genesis Healthcare System Group Return?
Genesis Healthcare System Group Return's revenue in 2022 was $3,238,277.
Official website here: www.genesishcs.org
Who are the executives of Genesis Healthcare System Group Return and what are their salaries?
The average compensation at Genesis Healthcare System Group Return during 2022 was $119,603. There are 3 employees and 333 volunteers at Genesis Healthcare System Group Return.
Here are 16 key members and their salaries (Genesis Healthcare System Group Return's CEO's salary is $0 and their total compensation is $1,030,041):
- Compensation: $0
- Related: $303,817
- Other: $5,835
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- Other: $0
- Compensation: $0
- Related: $996,462
- Other: $33,579
- Compensation: $0
- Related: $750,109
- Other: $35,220
- Compensation: $0
- Related: $161,344
- Other: $3,250
Official website here: www.genesishcs.org
Where can I find the form 990 for Genesis Healthcare System Group Return?
Genesis Healthcare System Group Return's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genesishcs.org
Learn more at the official website: www.genesishcs.org
Mission Statement of Genesis Healthcare System Group Return
Genesis Healthcare System Group Return, as a collective of affiliates associated with Genesis Healthcare System, aims to foster charitable support for the organization's mission of providing compassionate and high-quality healthcare. Their primary objective is to promote this mission, recognizing the vital role of philanthropy in enhancing the healthcare services offered by Genesis Healthcare System.
Among the affiliates, Genesis Healthcare Foundation stands out as a significant contributor. This foundation provides financial backing for various initiatives, including the construction of a new hospital, procurement of medical equipment, and funding for various programs and educational activities within Genesis Healthcare System. In 1999, the assets of Bethesda Health Foundation and Good Samaritan Medical Center Foundation were transferred to Genesis Healthcare Foundation, further bolstering its capacity to support the healthcare system.
Careserve, another affiliate, offered skilled nursing care through its facilities in Zanesville and McConnelsville until 2010. Subsequently, the beds from both facilities and the property in McConnelsville were sold. The Zanesville property was leased to the new owners until November 2013, after which the net book value of the property was transferred to Genesis Healthcare System to house their behavioral health services.
Besides these affiliates, there's the Bethesda Hospitality Shop and Events, run by volunteers. Proceeds from the shop's sales contribute to the organization's charitable endeavors. In summary, Genesis Healthcare System Group Return, through its affiliates, plays a crucial role in supporting Genesis Healthcare System's mission of delivering compassionate and quality healthcare, contributing financially, and providing essential services.
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Impact
October, 2024
Genesis Healthcare System Group Return plays a significant role in promoting charitable support for the Genesis Healthcare System, effectively contributing to the overarching mission of delivering compassionate and quality healthcare. By consolidating the tax reporting for its affiliates, this group simplifies compliance and enhances operational efficiency within the network.
The Genesis Healthcare Foundation, a key component of this group, provides critical funding for new hospital infrastructure, essential medical equipment, and various healthcare programs and educational initiatives. This financial backing is vital for maintaining high-quality healthcare services and ensuring that medical advancements are accessible within the community.
CareServe previously offered skilled nursing care, and its transition of properties to support behavioral health services illustrates a commitment to adapting resources to meet current community health needs. Meanwhile, the Bethesda Hospitality Shop operates through volunteer efforts, generating additional funding that supports the healthcare system while fostering community involvement and engagement.
Overall, Genesis Healthcare System Group Return not only streamlines organizational management but also strengthens the healthcare infrastructure, ensuring that vital services, equipment, and programs continue to benefit the community in Zanesville, OH, and beyond.
This information is meant to be a general summary of Genesis Healthcare System Group Return. 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: $1,893,193
- Gross Receipts: $3,631,169
Assets and Liabilities:
- Total Assets: $66,448,793
- Total Liabilities: $126,568
- Net Assets: $66,322,225
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Organization Details
Phone
(740) 454-5000Principal Officer
Matthew Perry
Main Address
2951 MAPLE AVENUE, ZANESVILLE, OH, 43701
Website
www.genesishcs.orgNTEE Category
Code: E110 - Health
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