Overview
What is Lima Convalescent Home Foundation Inc?
Lima Convalescent Home Foundation Inc is a nonprofit organization situated in Lima, Ohio. They operate a nursing home facility, offering skilled care for the elderly and chronically ill individuals. The main objective of this organization is to provide top-notch services at an affordable cost, catering to both an assisted living complex and the nursing home facility under its umbrella. With a workforce of 228 dedicated employees, they strive to ensure their residents receive the best possible care, prioritizing quality and affordability.
Official website here: www.limaconvalescenthome.com
What are the reviews and ratings of this charity?
Charity Navigator has given Lima Convalescent Home Foundation Inc a commendable Four-Star out of Four Star rating with an overall score of 92%. This high rating reflects the organization’s strong commitment to accountability and financial health, highlighted by a perfect score in several areas, such as having a majority independent board members and an effective audit and oversight committee. However, the foundation lacks a whistleblower policy and has not posted its tax form on its website, which are notable shortcomings in transparency.
The organization maintains a robust program expense ratio of 94.55%, indicating that a significant portion of its expenditures directly supports its mission. Lima Convalescent Home Foundation Inc operates independently, receiving minimal support from investment income. This independence supports its financial stability, evidenced by a healthy liabilities to assets ratio.
Unfortunately, user reviews from GreatNonprofits are not available, which limits insights from the community regarding personal experiences with the foundation. Overall, the financial health and governance structure appear solid, though potential donors might desire more information on its impact and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Lima Convalescent Home Foundation Inc legitimate?
Lima Convalescent Home Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lima Convalescent Home Foundation 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: $118,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,739,267
For more financial information, click here
Official website here: www.limaconvalescenthome.com
What is the mission statement of Lima Convalescent Home Foundation Inc?
The Lima Convalescent Home Foundation Inc's mission is centered around providing top-notch services at reasonable prices. This commitment extends to two facilities: an assisted living complex and a nursing home. The nursing home facility, in particular, is staffed with skilled professionals who offer specialized care for the elderly and chronically ill individuals, ensuring their well-being and comfort at an affordable cost.
Official website here: www.limaconvalescenthome.com
Who is the CEO of Lima Convalescent Home Foundation Inc?
Warner Kugler is the Vice President of Lima Convalescent Home Foundation Inc.
Official website here: www.limaconvalescenthome.com
What is the revenue of Lima Convalescent Home Foundation Inc?
Lima Convalescent Home Foundation Inc's revenue in 2022 was $10,131,604.
Official website here: www.limaconvalescenthome.com
Who are the executives of Lima Convalescent Home Foundation Inc and what are their salaries?
The average compensation at Lima Convalescent Home Foundation Inc during 2022 was $21,307. There are 228 employees and 30 volunteers at Lima Convalescent Home Foundation Inc.
Here are 17 key members and their salaries:
- Compensation: $18,000
- 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: $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: $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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.limaconvalescenthome.com
Where can I find the form 990 for Lima Convalescent Home Foundation Inc?
Lima Convalescent Home Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.limaconvalescenthome.com
Learn more at the official website: www.limaconvalescenthome.com
Mission Statement of Lima Convalescent Home Foundation Inc
Lima Convalescent Home Foundation Inc is committed to delivering top-notch services at affordable prices for both an assisted living complex and a nursing home facility. Their mission, in essence, is to ensure that elderly individuals and those with chronic illnesses receive exceptional care without breaking the bank. The organization operates a nursing home facility, staffed with highly trained professionals who provide skilled care to cater to the unique needs of their elderly and chronically ill residents.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Lima Convalescent Home Foundation Inc significantly impacts the community by offering high-quality skilled nursing care at an affordable cost. The organization provides essential services for the elderly and chronically ill, ensuring that residents receive compassionate and professional care in a supportive environment. With a focus on enhancing the quality of life, the facility caters to both assisted living and nursing home needs, promoting dignity and comfort for its residents. By prioritizing affordability and high standards of care, Lima Convalescent Home Foundation Inc plays a critical role in meeting the healthcare needs of vulnerable populations in Lima, OH.
This information is meant to be a general summary of Lima Convalescent Home Foundation 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: $45,910
- Program Service Revenue: $9,309,455
- Gross Receipts: $10,131,604
Assets and Liabilities:
- Total Assets: $12,390,641
- Total Liabilities: $6,083,023
- Net Assets: $6,307,618
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Independent & Assisted Li
Revenue
$2,064,354
Skilled Nursing Care Serv
Revenue
$7,245,101
Organization Details
Founding Year
1951
Phone
(419) 224-9741Principal Officer
Warner Kugler
Main Address
1650 Allentown Road, Lima, OH, 45805
Website
www.limaconvalescenthome.comNTEE Category
Code: E91Z - Health
If you are a representative of Lima Convalescent Home Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.