Overview
What is The Assumption Village?
The Assumption Village, situated in North Lima, Ohio, is a comprehensive long-term care facility. It provides various levels of services, including intermediate care, skilled nursing care, assisted living, and a special unit dedicated to Alzheimer's and dementia patients. This facility is approved by both Medicare and Medicaid programs, ensuring high-quality care for its residents. The Assumption Village's mission is rooted in the healing ministry of Jesus, with a focus on enhancing the health of underprivileged communities. As of March 1, 2022, it has sold a significant portion of its operational assets.
What are the reviews and ratings of this charity?
The Assumption Village has received a score of 79% from Charity Navigator, earning it a three-star rating. This rating is primarily based on its strong performance in the Accountability & Finance category, indicating a robust structure in these areas. However, its liabilities ratio score of zero suggests significant financial obligations compared to its assets.
A particular strength of The Assumption Village is its governance structure. With a board composed of 88% independent members, all aspects related to board operations such as audits, oversight, and committee operations score highly. These indicators reflect a commitment to good governance and financial transparency.
Despite these strengths, there are areas for improvement, especially regarding transparency. The absence of key financial information on their website, such as tax forms, affects their overall score. Additionally, The Assumption Village cannot yet be evaluated by Charity Navigator’s broader methodologies for impact, culture, and adaptability, highlighting potential unknowns in these areas.
This AI summary has been generated from information found on Charity Navigator.
Is The Assumption Village legitimate?
The Assumption Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Assumption Village 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: $4,607
For more financial information, click here
What is the mission statement of The Assumption Village?
The Assumption Village, in its mission, strives to extend the healing ministry of Jesus by enhancing the health of communities, with a particular focus on serving the underprivileged and underserved population. By doing so, they aim to improve the overall wellbeing of these individuals. The Assumption Village offers a range of long-term care services, including intermediate care, skilled nursing care, assisted living, and a specialized unit for Alzheimer's and dementia patients. They are approved to receive patients under Medicare and Medicaid programs.
What is the revenue of The Assumption Village?
The Assumption Village's revenue in 2023 was $190,107.
Who are the executives of The Assumption Village and what are their salaries?
There 9 volunteers at The Assumption Village.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $1,091,086
- Other: $250,569
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,792,599
- Other: $43,113
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $173,291
- Other: $25,086
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $525,125
- Other: $72,967
- Compensation: $0
- Related: $374,625
- Other: $51,324
- Compensation: $0
- Related: $725,271
- Other: $140,966
Where can I find the form 990 for The Assumption Village?
The Assumption Village's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Assumption Village
The Assumption Village, with a mission inspired by Jesus' healing ministry, focuses on uplifting the health of communities, particularly those who are economically disadvantaged. This nonprofit organization aims to extend its healing touch to the underserved population, improving their overall well-being. By providing both assisted living and long-term nursing care in a comfortable and welcoming atmosphere, The Assumption Village fosters an environment that caters to the unique needs of its patients. The facility offers a range of services including intermediate care, skilled nursing care, assisted living, and a specialized unit for Alzheimer's and dementia patients. This commitment to comprehensive care, coupled with participation in Medicare and Medicaid programs, allows The Assumption Village to serve a diverse population effectively.
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Impact
October, 2024
The Assumption Village significantly impacts the community by providing vital healthcare services in a comfortable and supportive environment. It offers a range of care options, including assisted living and long-term nursing care, specifically designed to meet the diverse needs of individuals, particularly the elderly and those requiring special care due to conditions like Alzheimer's and dementia.
By maintaining a warm atmosphere, The Assumption Village fosters a sense of belonging and well-being among its residents. Its commitment to being Medicare and Medicaid approved ensures that individuals from various socioeconomic backgrounds have access to the quality care they need. This emphasis on inclusivity helps to address the healthcare disparities often faced by poorer and underserved populations.
The facility's mission to extend the healing ministry of Jesus reflects its dedication to serving the community with compassion and respect, prioritizing health outcomes and the overall quality of life for its residents. The Assumption Village not only supports the health needs of its residents but also promotes a broader social good by enhancing the well-being of those it serves.
This information is meant to be a general summary of The Assumption Village. 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 2023.
- Investment Income: $9,471,863
- Program Service Revenue: $112,000
- Gross Receipts: $190,107
Assets and Liabilities:
- Total Assets: $32,561
- Total Liabilities: $176,910
- Net Assets: -$144,349
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$112,000
Organization Details
Founding Year
1974
NTEE Category
Code: E91 - Health
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