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Ausable Valley Continuing Care Retirement Community Inc

Wellspring Lutheran Services

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

EIN: 382236926 ✦ Saginaw, MI ✦ Designated as a 501(c)(3)

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Overview

What is Ausable Valley Continuing Care Retirement Community Inc?

Ausable Valley Continuing Care Retirement Community Inc, operating under the name Wellspring Lutheran Services, is a nonprofit organization situated in Saginaw, Michigan. With a compassionate mission motivated by Christian love, the organization provides skilled nursing care and independent living options. Over the course of 10,951 days, they have offered care to their residents, including rehabilitation, room and board, nursing services, and religious services. The organization employs 94 individuals, dedicated to engaging and supporting their residents as they embrace their God-given potential.


Official website here: www.wellspringlutheran.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Ausable Valley Continuing Care Retirement Community Inc has received a solid Three-Star rating from Charity Navigator, with an overall score of 81%. This rating is primarily based on the charity's Accountability & Finance performance, indicating a strong commitment to responsible financial management and transparency. The organization achieved a perfect score for having an entirely independent board and maintaining comprehensive policies regarding conflict of interest, whistleblower protections, and document retention.

The nonprofit excels in its financial accountability, reflected in its program expense ratio of 85.22%, which suggests a significant portion of its expenditures are directed toward its mission-driven programs. Additionally, the presence of an audit and oversight committee strengthens confidence in its financial practices and oversight.

While the organization demonstrates strong governance and financial health, the rating also suggests there is room for growth in areas beyond accountability and finance, which could enhance its overall impact and outreach. Nonetheless, the current score indicates a well-managed organization that prioritizes its mission and adheres to high standards of accountability.


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

Is Ausable Valley Continuing Care Retirement Community Inc legitimate?

Ausable Valley Continuing Care Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ausable Valley Continuing Care Retirement Community 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: $2,248,485

For more financial information, click here


Official website here: www.wellspringlutheran.com

What is the mission statement of Ausable Valley Continuing Care Retirement Community Inc?

Ausable Valley Continuing Care Retirement Community Inc is driven by Christian love, striving to engage individuals as they discover and fulfill their God-given potential. Their mission is centered around this philosophy, aiming to assist people in various stages of their lives. The community provides skilled nursing care and independent living options, offering approximately 10,951 days of care and 1,547 days of rehabilitation services to its residents. The religious services are also an integral part of their offerings.


Official website here: www.wellspringlutheran.com

Who is the CEO of Ausable Valley Continuing Care Retirement Community Inc?

David M Gehm is the President & Ceo of Ausable Valley Continuing Care Retirement Community Inc. The CEO's salary of Ausable Valley Continuing Care Retirement Community Inc is $0 and their total compensation is $246,479.


Official website here: www.wellspringlutheran.com

What is the revenue of Ausable Valley Continuing Care Retirement Community Inc?

Ausable Valley Continuing Care Retirement Community Inc's revenue in 2022 was $4,669,509.


Official website here: www.wellspringlutheran.com

Who are the executives of Ausable Valley Continuing Care Retirement Community Inc and what are their salaries?

The average compensation at Ausable Valley Continuing Care Retirement Community Inc during 2022 was $23,920. There are 94 employees and 2 volunteers at Ausable Valley Continuing Care Retirement Community Inc.


Here are 11 key members and their salaries (Ausable Valley Continuing Care Retirement Community Inc's CEO's salary is $0 and their total compensation is $246,479):


Ritch Cushway (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Bender (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Zolton (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Nyquist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Schoenow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Benko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Storck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Gehm (President & Ceo)
  • Compensation: $0
  • Related: $237,364
  • Other: $9,115
Albert D Kaul (Vp Of Foundation, Cdo)
  • Compensation: $0
  • Related: $145,579
  • Other: $8,148
Eric R Musum (Vp, Caa And Cto)
  • Compensation: $0
  • Related: $152,288
  • Other: $9,147
Timothy Kalbfleisch (Sr. Vp Finance And Cfo)
  • Compensation: $0
  • Related: $201,120
  • Other: $3,014


Official website here: www.wellspringlutheran.com

Where can I find the form 990 for Ausable Valley Continuing Care Retirement Community Inc?

Ausable Valley Continuing Care Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wellspringlutheran.com

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

Mission Statement of Ausable Valley Continuing Care Retirement Community Inc

Ausable Valley Continuing Care Retirement Community Inc is driven by the love of Christ, encouraging individuals to realize and fulfill their God-given potential. Their mission is centered around engaging people as they navigate and embrace this potential. This nonprofit organization provides both skilled nursing care and independent living options, offering a supportive environment for its residents. Over the course of 10,951 days, they have delivered care, and during 1,547 days, they have offered rehabilitation, room and board, nursing care, and religious services, demonstrating their commitment to the well-being and spiritual needs of their residents.

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Impact




July, 2024

Ausable Valley Continuing Care Retirement Community Inc's impact can be seen in the 10,951 days of skilled nursing care and independent living options provided to residents, along with 1,547 days of rehabilitation, room and board, nursing care, and religious services. This organization in Saginaw, MI, is motivated by Christ's love to engage people as they experience and embrace their God-given potential, ultimately making a difference in the health and well-being of individuals in their care.




This information is meant to be a general summary of Ausable Valley Continuing Care Retirement Community 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
$4,669,509 (2022)
Expenses
$3,998,961 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,633
  • Program Service Revenue: $4,311,488
  • Gross Receipts: $4,672,144

Assets and Liabilities:

  • Total Assets: $3,758,996
  • Total Liabilities: $3,991,405
  • Net Assets: -$232,409

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Programs

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

ROOM/CARE/SKILLED NURS

Revenue

$4,308,663

OTHER RESIDENT REIMB

Revenue

$2,825

Organization Details

Founding Year

1980

Principal Officer

David M Gehm

Main Address

2825 WIENEKE RD, SAGINAW, MI, 48603

NTEE Category

Code: E91Z - Health

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