Overview
What is Golden Years Homestead Inc?
Golden Years Homestead Inc is a non-profit retirement and healthcare center based in Fort Wayne, Indiana, with a Christian commitment. They offer various care options for the aging population, ranging from independent living to short-term rehabilitation stays and long-term care. Their facilities include a nursing home with 111 comprehensive care beds, 44 assisted living rooms, and 72 villas for independent living. The organization provides nursing care in a homelike setting, with options for private and semi-private rooms. They have designated 13 beds for short-term physical rehab and 85 beds for medical care, with secure care units designed specifically for Alzheimer's residents. Additionally, they allocate resources to indigent care and charity, providing essential services to those in need, amounting to $726,667 in FYE June 30, 2022. Golden Years Homestead Inc aims to hold the aging in reverence by catering to their diverse care requirements.
Official website here: www.goldenyearshome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Golden Years Homestead Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is based solely on this beacon, indicating a robust commitment to transparency and responsible financial management. The organization has received top marks in several critical areas, including having a fully independent board and robust financial oversight practices.
The charity's financial health is highlighted by its impressive program expense ratio of 77.64%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. It also boasts a low liabilities-to-assets ratio of 36.03%, indicating effective management of its financial obligations. The presence of key policies, such as conflict of interest and whistleblower protections, further demonstrates the organization's commitment to ethical governance.
While the data shows strong performance in various metrics, the summary does not provide information on the charity's programmatic effectiveness or outcomes, which could offer additional insights into its impact in the community. Overall, Golden Years Homestead Inc stands out for its strong governance and financial practices, positioning it as a reliable organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Golden Years Homestead Inc?
100% of 14 reviewers on Facebook recommend Golden Years Homestead Inc. Here is a summary of their reviews:
The overwhelming sentiment reflects a deep pride among employees and stakeholders regarding the nonprofit's operations. One reviewer highlighted their immense satisfaction with their workplace, celebrating a recent achievement of receiving a perfect, deficiency-free state survey. This illustrates not only a commitment to quality care but also an exceptional standard of services provided by the organization.
Overall, the strong recommendation and positive remarks indicate that Golden Years Homestead Inc. has earned a highly favorable reputation among its supporters and staff. Their success seems to motivate and inspire confidence in the community, reinforcing their valuable role in providing care and support.
This AI summary has been generated from reviews found on Facebook.
Is Golden Years Homestead Inc legitimate?
Golden Years Homestead Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Years Homestead 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,579,372
For more financial information, click here
Official website here: www.goldenyearshome.org
What is the mission statement of Golden Years Homestead Inc?
Golden Years Homestead Inc, a non-profit retirement and healthcare center, holds the aging population in reverence by offering various care options. These options range from independent living and short-term rehabilitation stays to long-term care. Their Christian commitment enables them to provide nursing care in a home-like setting as well as independent living units for the elderly. The nursing facility houses 111 comprehensive care beds, with 85 being medical and the remaining 26 for secure care, designed for the unique needs of Alzheimer's residents. Thirteen beds are utilized for short-term physical rehab within the facility, and there are 44 assisted living rooms with 24-hour care. The organization also provides community benefits, with 5% of their total revenue dedicated to indigent care and charity care, totaling $726,667 for the fiscal year ending June 30, 2022.
Official website here: www.goldenyearshome.org
Who is the CEO of Golden Years Homestead Inc?
Scott Martin is the Chair of Golden Years Homestead Inc.
Official website here: www.goldenyearshome.org
What is the revenue of Golden Years Homestead Inc?
Golden Years Homestead Inc's revenue in 2022 was $15,263,184.
Official website here: www.goldenyearshome.org
Who are the executives of Golden Years Homestead Inc and what are their salaries?
The average compensation at Golden Years Homestead Inc during 2022 was $20,363. There are 274 employees and 23 volunteers at Golden Years Homestead Inc.
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Official website here: www.goldenyearshome.org
Where can I find the form 990 for Golden Years Homestead Inc?
Golden Years Homestead Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.goldenyearshome.org
Learn more at the official website: www.goldenyearshome.org
Mission Statement of Golden Years Homestead Inc
Golden Years Homestead Inc, a non-profit retirement and health care center, holds aging in reverence by providing multiple care options. These options range from independent living and short-term rehabilitation stays to long-term care. With a Christian commitment, this organization has created an environment that respects and values the elderly.
The care provided at Golden Years Homestead Inc goes beyond just nursing care. Residents can choose to live in independent living units or opt for comprehensive care in the nursing facility. The nursing facility contains 111 beds, with 85 of these designated for medical care and the remaining 26 for secure care. Secure care is specifically designed with the needs of Alzheimer's residents in mind. Thirteen beds are set aside for short-term physical rehabilitation within the facility. Furthermore, there are 44 assisted living rooms available, offering 24-hour care.
Independent living consists of 72 villas on the campus. Golden Years Homestead Inc is dedicated to providing community benefits, with 5% of their total revenue being allocated for indigent care and charity. In the fiscal year ending June 30, 2022, this amounted to $726,667. The organization makes a significant difference in the lives of its residents, offering them a nurturing and supportive environment as they navigate the challenges of aging.
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Impact
October, 2024
Golden Years Homestead Inc significantly impacts the community by providing a range of essential services tailored to meet the diverse needs of the elderly population. The center offers independent living, short-term rehabilitation, and long-term care, ensuring that aging individuals receive the support and care necessary for their well-being. With a nursing facility that houses 111 comprehensive care beds, residents have the option of private and semi-private rooms, fostering a sense of community while respecting personal preferences.
The facility caters specifically to those with unique needs, such as Alzheimer’s patients, through its secure care unit designed to promote safety and comfort. Moreover, the availability of assisted living rooms with 24-hour care offers residents additional support, ensuring that they can age in place with dignity.
Golden Years Homestead also plays a vital role in addressing community needs through its commitment to indigent and charity care, having provided significant financial support in this area. By emphasizing a Christian commitment to honoring the aging process, the organization not only enhances the quality of life for its residents but also fosters a supportive community environment in Fort Wayne, IN. Overall, Golden Years Homestead Inc serves as a crucial resource for elderly care, improving lives through compassionate, comprehensive health services.
This information is meant to be a general summary of Golden Years Homestead 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: $554,394
- Program Service Revenue: $14,307,842
- Gross Receipts: $16,291,337
Assets and Liabilities:
- Total Assets: $39,874,515
- Total Liabilities: $14,309,980
- Net Assets: $25,564,535
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CARE SERVICES
Revenue
$7,013,696
RESIDENT SERVICES
Revenue
$3,640,955
BUILDING USE
Revenue
$2,890,664
MANAGEMENT FEES
Revenue
$762,527
Organization Details
Founding Year
1967
Phone
(260) 749-9655Principal Officer
Scott Martin
Main Address
3136 GOEGLEIN ROAD, FORT WAYNE, IN, 46815
Website
www.goldenyearshome.orgNTEE Category
Code: E91Z - Health
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