Overview
What is St Annes Mead?
St. Anne's Mead is a senior living community situated in Southfield, Michigan. It serves as a home for elderly individuals, offering both assisted and independent living arrangements. The primary objective of St. Anne's Mead is to provide suitable housing for senior citizens. Beyond the standard living accommodations, the community also offers specialized therapeutic memory care for its residents, ensuring comprehensive support for their needs.
Official website here: www.stannesmead.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
St. Annes Mead has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths in governance and financial stability, there are areas needing improvement. The organization boasts a fully independent board, which is a positive sign for accountability, and it maintains a low liabilities-to-assets ratio, suggesting solid financial health.
However, the nonprofit has significant shortcomings in transparency and policy documentation. Key documents, such as financial statements and a whistleblower policy, are missing, which raises concerns about operational transparency. Additionally, the absence of tax forms on the organization’s website limits public access to important financial information that could aid in evaluating its overall financial practices.
Despite these limitations, St. Annes Mead allocates a substantial portion of its expenses to programs, with a program expense ratio of over 82%. This demonstrates a commitment to its mission, but the lack of essential governance policies and documentation may affect donor confidence and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is St Annes Mead legitimate?
St Annes Mead is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Annes Mead 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: $0
For more financial information, click here
Official website here: www.stannesmead.org
What is the mission statement of St Annes Mead?
St. Anne's Mead is committed to providing housing solutions for senior citizens. As part of its mission, it offers both assisted and independent living apartments. Beyond regular living arrangements, St. Anne's Mead also provides therapeutic memory care for its residents, ensuring comprehensive care for its elderly population. The community's primary goal is to cater to the housing needs of seniors, offering them a comfortable and supportive environment.
Official website here: www.stannesmead.org
Who is the CEO of St Annes Mead?
Amanda Newport is the Executive Director of St Annes Mead.
Official website here: www.stannesmead.org
What is the revenue of St Annes Mead?
St Annes Mead's revenue in 2022 was $3,492,570.
Official website here: www.stannesmead.org
Who are the executives of St Annes Mead and what are their salaries?
There are 138 employees at St Annes Mead.
Here are 5 key members and their salaries:
- Compensation: $104,549
- 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.stannesmead.org
Where can I find the form 990 for St Annes Mead?
St Annes Mead's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stannesmead.org
Learn more at the official website: www.stannesmead.org
Mission Statement of St Annes Mead
St. Anne's Mead is a community dedicated to providing housing for senior citizens. This nonprofit organization offers both assisted and independent living apartments, catering to the varying needs of its elderly residents. Beyond standard living arrangements, St. Anne's Mead also extends its services to include therapeutic memory care. This additional service is designed to support those residents who may require special care due to memory-related issues. The mission of St. Anne's Mead is to ensure that senior citizens have a suitable and supportive living environment, providing them with the assistance they need to maintain their independence and well-being.
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Impact
July, 2024
St Annes Mead has a significant impact on the senior citizens in Southfield, MI by providing much-needed housing options tailored to their unique needs. By offering assisted and independent living apartments, along with therapeutic memory care, St Annes Mead ensures that seniors have a safe and supportive environment to live in. This impact extends beyond just housing, as it contributes to the overall well-being and quality of life for the residents, promoting independence and dignity in their golden years. In essence, St Annes Mead plays a crucial role in meeting the housing needs of seniors and enhancing their overall quality of life in the community.
This information is meant to be a general summary of St Annes Mead. 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: $27,184
- Program Service Revenue: $3,256,536
- Gross Receipts: $3,492,570
Assets and Liabilities:
- Total Assets: $6,541,695
- Total Liabilities: $1,021,085
- Net Assets: $5,520,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM REVENUE
Revenue
$3,256,536
Organization Details
Founding Year
1958
Phone
(248) 557-1221Principal Officer
Amanda Newport
Main Address
16106 WEST 12 MILE ROAD, SOUTHFIELD, MI, 480762974
Website
www.stannesmead.orgNTEE Category
Code: L22 - Housing
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