Overview
What is Norwood Crossing Association?
Norwood Crossing Association is a Chicago-based nonprofit organization dedicated to enhancing the independence of seniors through a continuum of services and programs. In 2022, they provided care for 377 residents, covering 65,552 days, including 20,500 days covered by Medicaid. Although the daily reimbursement for a Medicaid resident falls $179 short of the cost of providing care, the services offered are extensive. These include physical, occupational, and speech therapy, assistance with activities of daily living, skilled nursing services, laundry and housekeeping, exercise programs, art and music therapy, religious services, and educational programs like a brain fitness program. The organization's mission prioritizes the overall well-being and dignity of older adults, providing a secure environment that fosters self-worth.
Official website here: www.norwoodcrossing.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Norwood Crossing Association has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based solely on its Accountability & Finance beacon, indicating a strong commitment to transparency and governance. The organization has a fully independent board and demonstrates robust financial oversight, with no material diversions of assets noted.
Strengths highlighted in the evaluation include perfect scores in categories such as board independence, financial statement audits, and adherence to conflict of interest policies. Additionally, the organization effectively utilizes its funds, with a program expense ratio of nearly 78%, showcasing a significant investment in its mission-related activities.
However, the organization received a lower score in the liabilities to assets ratio, which may raise concerns regarding financial stability. Potential donors and stakeholders may want to consider this aspect alongside the charity's overall strengths when making decisions regarding support or involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Norwood Crossing Association legitimate?
Norwood Crossing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norwood Crossing Association 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: $9,634,213
For more financial information, click here
Official website here: www.norwoodcrossing.org
What is the mission statement of Norwood Crossing Association?
The Norwood Crossing Association aims to enhance the independence and well-being of older adults by providing a continuum of responsive services and programs addressing their physical, emotional, and spiritual needs. They maintain an environment that promotes dignity and self-worth, ensuring older adults live comfortably and securely. In 2022, they offered care to 377 residents, providing 65,552 days of service. While Medicaid covered 20,500 days, the daily reimbursement was $179 less than the cost of care. Their services encompassed various levels of assisted living, skilled nursing, and post-hospital rehab care. They offered physical, occupational, and speech therapy, assistance with daily living activities, skilled nursing services, laundry and housekeeping, exercise programs, art and music therapy, religious services, and educational programs such as a brain fitness program.
Official website here: www.norwoodcrossing.org
Who is the CEO of Norwood Crossing Association?
Silvia Morici is the Ceo (Current) of Norwood Crossing Association. The CEO's salary of Norwood Crossing Association is $0 and their total compensation is $315,814.
Official website here: www.norwoodcrossing.org
What is the revenue of Norwood Crossing Association?
Norwood Crossing Association's revenue in 2022 was $22,800,347.
Official website here: www.norwoodcrossing.org
Who are the executives of Norwood Crossing Association and what are their salaries?
The average compensation at Norwood Crossing Association during 2022 was $28,845. There are 334 employees at Norwood Crossing Association.
Here are 17 key members and their salaries (Norwood Crossing Association's CEO's salary is $0 and their total compensation is $315,814):
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
- Related: $457,112
- Other: $9,150
- Compensation: $0
- Related: $259,424
- Other: $18,998
- Compensation: $0
- Related: $300,842
- Other: $14,972
- Compensation: $0
- Related: $241,626
- Other: $11,483
- Compensation: $153,172
- Related: $0
- Other: $12,502
- Compensation: $0
- Related: $139,776
- Other: $8,462
- Compensation: $163,815
- Related: $0
- Other: $95
- Compensation: $145,598
- Related: $0
- Other: $13,453
- Compensation: $122,275
- Related: $0
- Other: $0
Official website here: www.norwoodcrossing.org
Where can I find the form 990 for Norwood Crossing Association?
Norwood Crossing Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.norwoodcrossing.org
Learn more at the official website: www.norwoodcrossing.org
Mission Statement of Norwood Crossing Association
Norwood Crossing Association is a non-profit organization dedicated to enhancing the independence and well-being of older adults. Through a continuum of services and programs, Norwood Crossing addresses the physical, emotional, and spiritual needs of its residents. The organization creates a comfortable, secure environment that promotes dignity and self-worth.
In 2022, Norwood Crossing provided care for 377 different residents, totaling 65,552 days of service. Among these, there were no days of charity care and 20,500 days covered by Medicaid. Despite the daily Medicaid reimbursement being $179 less than the cost of providing care, Norwood Crossing continued to offer essential services. These services encompassed long-term stays in skilled nursing, assisted living, and short-term post-hospital rehab care. Residents received physical, occupational, and speech therapy, assistance with activities of daily living, skilled nursing services including wound care and disease management, laundry and housekeeping services, exercise programs, art and music therapy, religious services, and educational programs, including a brain fitness program.
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Impact
October, 2024
Norwood Crossing Association significantly enhances the independence and well-being of older adults in Chicago. By offering a comprehensive continuum of services and programs tailored to the physical, emotional, and spiritual needs of its residents, the organization creates a nurturing environment that promotes dignity and self-worth.
In 2022 alone, Norwood Crossing provided 65,552 days of care to 377 residents, demonstrating its commitment to the senior community. The services include long-term stays in skilled nursing, assisted living, and short-term post-hospital rehabilitation care, ensuring that seniors receive the necessary support without sacrificing their independence.
The wide range of services offered, such as physical, occupational, and speech therapy, along with assistance for daily activities, skilled nursing services, and wellness programs, help residents maintain a high quality of life. Activities like art and music therapy, religious services, and educational opportunities—including a brain fitness program—further enrich their lives.
Additionally, Norwood Crossing operates a local senior center in collaboration with the City of Chicago, acting as a vital resource for the broader senior community. Despite the financial challenges posed by Medicaid reimbursements, the organization remains dedicated to providing essential care that meets each resident’s needs and fosters a supportive community.
This information is meant to be a general summary of Norwood Crossing Association. 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: $34,957
- Program Service Revenue: $20,797,095
- Gross Receipts: $22,800,347
Assets and Liabilities:
- Total Assets: $33,865,333
- Total Liabilities: $33,234,062
- Net Assets: $631,271
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD PRIVATE PAY
Revenue
$9,882,806
MEDICARE REVENUE
Revenue
$6,051,330
MEDICAID REVENUE
Revenue
$3,801,045
RESIDENT ANCILLARY
Revenue
$1,061,914
Organization Details
Founding Year
1896
Phone
(773) 631-4856Principal Officer
Silvia Morici
Main Address
6016 N NINA AVE, CHICAGO, IL, 60631
Website
www.norwoodcrossing.orgNTEE Category
Code: P750 - Human services
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