Dixon Old People's Fund Inc

Heritage Square

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 366054357 ✦ Dixon, IL ✦ Designated as a 501(c)(3)

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Overview

What is Dixon Old People's Fund Inc?

Dixon Old People's Fund Inc, also known as Heritage Square, is a dedicated nonprofit organization situated in Dixon, Illinois. With a focus on elderly care, they operate a long-term care facility, providing a home to 76 residents in 2022. Their short-term goal is to maintain and enhance the quality of care they offer, while the long-term aim is to preserve the same standard of care and living environment for their residents. An endowment fund has been established to support those residents who have exhausted their financial means and do not qualify for other public assistance programs in the sheltered care section. Their mission is to offer quality care in a nurturing and respectful environment, valuing the dignity and independence of each resident. With a staff of 139 employees, Heritage Square is committed to providing compassionate care to the elderly population in their community.


Official website here: www.heritagesquaredixon.com

What are the reviews and ratings of this charity?

96% rating from Charity Navigator, earning it a Four-Star out of Four Star rating. This high score reflects the organization's strong emphasis on accountability and finance, showcasing effective management of resources and transparency in operations.

The Dixon Old People's Fund Inc demonstrates significant strengths in governance, with an entirely independent board and robust financial oversight, as evidenced by a perfect score in several categories related to board independence and financial audits. Their commitment to best practices is further highlighted by the presence of comprehensive policies, including conflict of interest and whistleblower protections.

While the data indicates exceptional program expense ratios, suggesting that a large portion of funding is directed towards actual programming, there are no noted limitations in the information provided. Overall, this charity stands out for its fiscal responsibility and dedication to serving its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Dixon Old People's Fund Inc legitimate?

Dixon Old People's Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dixon Old People's Fund 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: $138,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,296,416

For more financial information, click here


Official website here: www.heritagesquaredixon.com

What is the mission statement of Dixon Old People's Fund Inc?

Dixon Old People's Fund Inc, a non-profit organization, is dedicated to providing high-quality care for the elderly. This is done in an environment that respects the dignity of each resident, viewing them as independent and productive individuals. The mission is to continue offering a continuum of quality care to the residents. In the long term, the goal is to maintain the same high standard of care and living conditions for the elderly residents. An endowment fund has been established to support residents who have depleted their financial resources and do not qualify for other public support programs in the sheltered care section.


Official website here: www.heritagesquaredixon.com

Who is the CEO of Dixon Old People's Fund Inc?

Charles Beckman is the President of Dixon Old People's Fund Inc.


Official website here: www.heritagesquaredixon.com

What is the revenue of Dixon Old People's Fund Inc?

Dixon Old People's Fund Inc's revenue in 2022 was $2,922,023.


Official website here: www.heritagesquaredixon.com

Who are the executives of Dixon Old People's Fund Inc and what are their salaries?

The average compensation at Dixon Old People's Fund Inc during 2022 was $17,518. There are 139 employees and 52 volunteers at Dixon Old People's Fund Inc.


Here are 8 key members and their salaries:


Charles Beckman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Jones Jr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenda Bailey (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Didier (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Densmore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Kapolnek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judge Doug Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie O'Connell (Administrator)
  • Compensation: $123,000
  • Related: $0
  • Other: $15,600


Official website here: www.heritagesquaredixon.com

Where can I find the form 990 for Dixon Old People's Fund Inc?

Dixon Old People's Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heritagesquaredixon.com

Learn more at the official website: www.heritagesquaredixon.com

Mission Statement of Dixon Old People's Fund Inc

Dixon Old People's Fund Inc, a non-profit organization, is committed to providing quality care in a nurturing and respectful environment for its elderly residents. Their mission, as stated, is to ensure that each resident is treated with dignity, recognizing their productivity and independence. The organization strives to create a continuum of care that caters to the needs of its residents, whether in the short or long term. In an effort to support those who have exhausted their financial means or do not qualify for public support programs, Dixon Old People's Fund Inc has established an endowment fund. This fund is intended to provide ongoing care for these individuals, ensuring they can continue to reside in the sheltered care section of the facility, upholding the organization's commitment to quality care and respect.

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Impact




October, 2024

Dixon Old People's Fund Inc significantly impacts the community by providing high-quality long-term care for the elderly in a supportive and compassionate environment. With a facility that accommodates 76 residents and having serviced nearly 17,000 days in 2022, it ensures that seniors receive the care they need, with a focus on dignity and independence.

The organization is committed to maintaining a continuum of quality care, addressing both the immediate and long-term needs of its residents. This commitment is exemplified by the establishment of an endowment fund designed to support residents who have exhausted their financial resources and do not qualify for public assistance. By prioritizing the welfare of its residents, Dixon Old People's Fund Inc fosters a nurturing atmosphere that respects and honors the individuality of each senior.

Overall, the fund creates a vital support system for the elderly in Dixon, IL, promoting their well-being through dedicated care and a loving environment. This aligns with the mission to enhance the quality of life for seniors, ensuring that they can live with dignity and respect throughout their later years.




This information is meant to be a general summary of Dixon Old People's Fund 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.

Revenue
$2,922,023 (2022)
Expenses
$3,989,077 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $136,177
  • Program Service Revenue: $2,552,420
  • Gross Receipts: $3,856,936

Assets and Liabilities:

  • Total Assets: $10,889,923
  • Total Liabilities: $223,166
  • Net Assets: $10,666,757

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL AND HEALTH

Revenue

$2,519,550

IN-HOUSE SERVICE REVENUES

Revenue

$32,870

Organization Details

Founding Year

1949

Principal Officer

Charles Beckman

Main Address

620 NORTH OTTAWA, DIXON, IL, 61021

NTEE Category

Code: L22 - Housing

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