Overview
What is Promedica Continuing Care Services Corp?
Promedica Continuing Care Services Corp is a nonprofit organization situated in Toledo, Ohio. With a workforce of 349 individuals, they offer a range of non-acute health services to the community. Their primary offerings include residential skilled nursing and long-term care, as well as home health and inpatient/outpatient hospice services. Promedica Continuing Care Services Corp aims to support Promedica Health System, Inc. by providing seamless access to various healthcare services within the communities they serve.
Official website here: www.promedica.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 57%, One-Star out of Four Star rating
Promedica Continuing Care Services Corp received a 57% rating from Charity Navigator, indicating significant concerns regarding its financial practices. While the organization excels in governance aspects, such as having a majority-independent board and comprehensive policies for conflict of interest and whistleblowing, its financial performance is lacking, particularly in its program expense ratio and liabilities to assets ratio.
The organization scored poorly in its program expense ratio, with only 45% of expenses going towards its programs, which raises questions about the effectiveness and prioritization of funding. Additionally, the liabilities to assets ratio of 8.17% is notably low, suggesting potential financial instability or inefficiencies in asset management.
While the nonprofit demonstrates a commitment to accountability through its independent board and policies, the missing tax form on its website is a significant oversight that affects transparency. Overall, Promedica Continuing Care Services Corp has strengths in governance but faces challenges that may impact its operational effectiveness and donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is Promedica Continuing Care Services Corp legitimate?
Promedica Continuing Care Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promedica Continuing Care Services Corp 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: $826,959
For more financial information, click here
Official website here: www.promedica.org
What is the mission statement of Promedica Continuing Care Services Corp?
Promedica Continuing Care Services Corp's mission is to support Promedica Health System, Inc. by providing a seamless continuum of non-acute health services in the communities they serve. Their primary offerings include residential skilled nursing and long-term care, as well as home health and inpatient/outpatient hospice services. However, their IV infusion therapy program has been transferred to an affiliated non-profit corporation. Currently, Promedica Continuing Care Services Corp is in the process of winding down towards legal dissolution.
Official website here: www.promedica.org
Who is the CEO of Promedica Continuing Care Services Corp?
Terrence Metzger is the Trustee of Promedica Continuing Care Services Corp. The CEO's salary of Promedica Continuing Care Services Corp is $0 and their total compensation is $1,618,580.
Official website here: www.promedica.org
What is the revenue of Promedica Continuing Care Services Corp?
Promedica Continuing Care Services Corp's revenue in 2022 was $91,049.
Official website here: www.promedica.org
Who are the executives of Promedica Continuing Care Services Corp and what are their salaries?
The average compensation at Promedica Continuing Care Services Corp during 2022 was $2,370. There are 349 employees and 19 volunteers at Promedica Continuing Care Services Corp.
Here are 40 key members and their salaries (Promedica Continuing Care Services Corp's CEO's salary is $0 and their total compensation is $1,618,580):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $755,303
- Other: $32,287
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $750,062
- Other: $11,796
- Compensation: $0
- Related: $910,472
- Other: $13,591
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $595,480
- Other: $6,883
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $353,774
- Other: $31,679
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $768,811
- Other: $11,829
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $40,000
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $50,000
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $705,626
- Other: $30,123
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,605,830
- Other: $12,750
- Compensation: $0
- Related: $927,467
- Other: $44,223
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $5,476,040
- Other: $3,579
- Compensation: $0
- Related: $683,615
- Other: $6,102
- Compensation: $0
- Related: $2,435,815
- Other: $61,437
- Compensation: $128,864
- Related: $0
- Other: $1,054
- Compensation: $117,217
- Related: $0
- Other: $1,131
- Compensation: $128,850
- Related: $0
- Other: $3,089
- Compensation: $110,314
- Related: $0
- Other: $2,309
- Compensation: $116,846
- Related: $0
- Other: $1,565
Official website here: www.promedica.org
Where can I find the form 990 for Promedica Continuing Care Services Corp?
Promedica Continuing Care Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.promedica.org
Learn more at the official website: www.promedica.org
Mission Statement of Promedica Continuing Care Services Corp
Promedica Continuing Care Services Corporation, in its mission, supports Promedica Health System, Inc. by providing access to a seamless continuum of services in the communities they serve. Their primary objective is to offer a variety of non-acute health services, including residential skilled nursing and long-term care, home health, and inpatient/outpatient hospice, to individuals within the community. This mission aims to ensure that Promedica Continuing Care Services Corporation is aligned with Promedica Health System, Inc., providing comprehensive healthcare solutions for the communities they serve. However, it's important to note that Promedica Continuing Care Services Corporation is currently in the process of winding down toward legal dissolution and no longer engages in IV infusion therapy, as this program has transferred to an affiliated non-profit corporation.
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Impact
October, 2024
Promedica Continuing Care Services Corp significantly impacts the community by providing essential non-acute health services, including residential skilled nursing, long-term care, home health, and hospice care. These services ensure that individuals in the Toledo area receive comprehensive support for their health needs, particularly those requiring extended care and hospice services. The organization aims to create a seamless continuum of care within the community, enhancing accessibility to critical health resources and improving the quality of life for patients and their families. Through its focus on skilled nursing and long-term care, it addresses the diverse needs of community members, promoting overall well-being and health continuity.
This information is meant to be a general summary of Promedica Continuing Care Services Corp. 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: $71
- Gross Receipts: $91,049
Assets and Liabilities:
- Total Assets: $29,253,318
- Total Liabilities: $2,392,166
- Net Assets: $26,861,152
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Organization Details
Founding Year
1956
Phone
(419) 252-5772Principal Officer
Terrence Metzger
Main Address
100 MADISON AVE ATTN TAX DEPARTM, TOLEDO, OH, 43604
Website
www.promedica.orgNTEE Category
Code: E220 - Health
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