Overview
What is Baruch Sls Inc?
Baruch Sls Inc, also known as Baruch Senior Ministries, is a Michigan-based nonprofit organization dedicated to providing retirement home health services and senior lifestyle solutions for the elderly. With 28 communities across Michigan, they offer assisted living and memory care services to over 1,100 elderly residents. Their mission is to honor God by serving people as they age, and their team manages an assisted living center in Hale, Michigan, with an additional 32 units. In totality, Baruch Senior Ministries employs approximately 2,300 individuals to ensure the well-being and comfort of the elderly population they serve.
Official website here: www.baruchsls.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Star rating)
Baruch Sls Inc has achieved a three-star rating from Charity Navigator, reflecting its solid overall performance in accountability and finance. The score is derived solely from the accountability and finance beacon, highlighting the organization’s commitment to maintaining transparency and responsible financial management. This charity demonstrates a strong governance structure, with a completely independent board and no material diversion of assets, which contributes positively to its rating.
The organization excels in various aspects of financial oversight, earning full points for its audit and oversight committee, conflict of interest policy, and whistleblower policy. Additionally, it maintains a high program expense ratio of 85.41%, indicating that a significant portion of its resources is directed towards its charitable programs rather than administrative costs. This focus on efficiency and effective use of funds underscores its commitment to its mission.
However, while the financial metrics are commendable, the overall score is solely based on the accountability and finance aspects, which may limit the insights into the organization’s programmatic effectiveness. Potential donors and supporters might benefit from more comprehensive data regarding the impact of its programs and services to assess the charity's overall effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Baruch Sls Inc legitimate?
Baruch Sls Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Baruch Sls 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: $759,159
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,930,856
For more financial information, click here
Official website here: www.baruchsls.org/
What is the mission statement of Baruch Sls Inc?
Baruch Senior Ministries is a non-profit organization dedicated to serving the elderly population by honoring God. Through their mission, they aim to provide retirement home health services and other senior lifestyle solutions for individuals who cannot afford similar care in other facilities. The organization consists of 28 communities, offering assisted living and memory care services to elderly residents. With 1,117 assisted living units, Baruch Senior Ministries caters to residents requiring supportive care and memory care. The organization's team also manages an assisted living center, providing care for an additional 32 units. Baruch Senior Ministries aims to enhance the quality of life for the elderly, enabling them to live with dignity and respect.
Official website here: www.baruchsls.org/
Who is the CEO of Baruch Sls Inc?
Mitchell A Mcneal is the President & Ceo of Baruch Sls Inc. The CEO's salary of Baruch Sls Inc is $200,362 and their total compensation is $216,262.
Official website here: www.baruchsls.org/
What is the revenue of Baruch Sls Inc?
Baruch Sls Inc's revenue in 2022 was $52,388,620.
Official website here: www.baruchsls.org/
Who are the executives of Baruch Sls Inc and what are their salaries?
The average compensation at Baruch Sls Inc during 2022 was $11,504. There are 2320 employees and 350 volunteers at Baruch Sls Inc.
Here are 11 key members and their salaries (Baruch Sls Inc's CEO's salary is $200,362 and their total compensation is $216,262):
- Compensation: $200,362
- Related: $0
- Other: $15,900
- Compensation: $191,180
- Related: $0
- Other: $11,694
- Compensation: $196,216
- Related: $0
- Other: $0
- Compensation: $136,457
- Related: $0
- Other: $7,350
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.baruchsls.org/
Where can I find the form 990 for Baruch Sls Inc?
Baruch Sls Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baruchsls.org/
Learn more at the official website: www.baruchsls.org/
Mission Statement of Baruch Sls Inc
Baruch Senior Ministries, a nonprofit organization, is dedicated to honoring God by serving the elderly population. With a mission to make a difference in the lives of older adults who cannot afford similar care in other facilities, Baruch Senior Ministries operates 28 communities spread throughout Michigan. These communities offer assisted living and memory care services to over 1,100 elderly residents, with 794 of these units designated for supportive care and 323 for memory care. The organization goes beyond just providing housing, as its team manages an assisted living center consisting of 32 units in addition to its other services. Through these initiatives, Baruch Senior Ministries seeks to bring comfort, care, and a sense of community to the elderly population it serves.
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Impact
October, 2024
Baruch Sls Inc makes a substantial impact on the lives of elderly residents across Michigan by providing essential retirement home health services and a supportive living environment for those who cannot afford similar care elsewhere. With 28 communities and a total of 1,117 assisted living units, including supportive care and memory care options, Baruch Sls Inc addresses critical needs for aging individuals and their families.
The organization not only offers a safe and nurturing environment but also ensures that its services are accessible to vulnerable populations, promoting dignity and quality of life as seniors navigate the complexities of aging. By managing an assisted living center in Hale, Michigan, alongside other facilities, Baruch Sls Inc proves to be a reliable resource for the elderly, enhancing their well-being and providing compassionate care as they age. Through its mission to serve the elderly while honoring values of service and respect, the organization has become a vital part of the community's social fabric in Grand Rapids and beyond.
This information is meant to be a general summary of Baruch Sls 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: $36,687
- Program Service Revenue: $42,539,470
- Gross Receipts: $52,425,305
Assets and Liabilities:
- Total Assets: $84,747,311
- Total Liabilities: $61,248,306
- Net Assets: $23,499,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUE
Revenue
$42,464,745
MANAGEMENT FEES
Revenue
$74,725
Organization Details
Founding Year
1997
Phone
(616) 719-5100Principal Officer
Mitchell A Mcneal
Main Address
3196 KRAFT AVE SE 203, GRAND RAPIDS, MI, 49512
Website
www.baruchsls.org/NTEE Category
Code: L99 - Housing
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