Overview
What is Shady Lane Inc?
Shady Lane Inc, situated in Manitowoc, Wisconsin, is a distinguished nonprofit organization committed to offering skilled nursing services for the senior population. This demographic often requires intense, specialized care due to their advanced age and health conditions. The organization accepts both private pay residents and individuals funded by government programs such as Medicare and Medicaid, treating a total of 143 residents annually. Shady Lane Inc's mission is to provide top-notch residential care for older adults in Manitowoc County at an affordable cost. Residents can expect a homelike environment that fosters support, respects individuality, encourages emotional and physical well-being, and promotes independence. With a dedicated team of 271 employees, Shady Lane Inc is dedicated to ensuring the highest quality of life for its senior community.
Official website here: www.shadylaneinc.com
What are the reviews and ratings of this charity?
Shady Lane Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, highlighting a strong overall score of 96%. This high rating is driven by their excellent performance in the Accountability & Finance beacon, showcasing robust practices in financial management and governance. With an entirely independent board of 15 members and a comprehensive set of policies in place, the organization demonstrates a commitment to transparency and integrity.
The organization excels in financial health, evidenced by a program expense ratio of 88.21%, indicating that a significant portion of funds is directed towards program services rather than administrative costs. Additionally, their low liabilities-to-assets ratio of 47.63% suggests a solid financial foundation, which bodes well for their sustainability and capacity to fulfill their mission.
While the rating indicates strengths in governance and financial accountability, it's important to note that certain areas such as impact measurement and community engagement are not currently scored. This leaves some aspects of their effectiveness unspecified. There are no user reviews available from GreatNonprofits to provide further insight into individual experiences or testimonials related to Shady Lane Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Shady Lane Inc legitimate?
Shady Lane Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shady Lane 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: $306,795
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,911,678
For more financial information, click here
Official website here: www.shadylaneinc.com
What is the mission statement of Shady Lane Inc?
Shady Lane Inc, committed to providing quality residential care, strives to offer an affordable home-like environment for older adults in Manitowoc County. The organization is dedicated to respecting individuality, promoting physical and emotional well-being, and encouraging independence among its residents. The mission of Shady Lane Inc includes offering skilled nursing services, catering to the higher acuity population requiring intense care. The services are available for both private pay residents and those funded by government programs like Medicare and Medicaid. In a given plan year, the facility treats around 143 residents.
Official website here: www.shadylaneinc.com
Who is the CEO of Shady Lane Inc?
Kasandra Paider is the Board Chair of Shady Lane Inc. The CEO's salary of Shady Lane Inc is $151,710 and their total compensation is $183,382.
Official website here: www.shadylaneinc.com
What is the revenue of Shady Lane Inc?
Shady Lane Inc's revenue in 2022 was $8,664,472.
Official website here: www.shadylaneinc.com
Who are the executives of Shady Lane Inc and what are their salaries?
The average compensation at Shady Lane Inc during 2022 was $19,256. There are 271 employees and 20 volunteers at Shady Lane Inc.
Here are 22 key members and their salaries (Shady Lane Inc's CEO's salary is $151,710 and their total compensation is $183,382):
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- Compensation: $151,710
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- Compensation: $104,156
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- Other: $10,991
Official website here: www.shadylaneinc.com
Where can I find the form 990 for Shady Lane Inc?
Shady Lane Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shadylaneinc.com
Learn more at the official website: www.shadylaneinc.com
Mission Statement of Shady Lane Inc
Shady Lane Inc, a nonprofit organization, is dedicated to providing the highest quality residential care for older adults in Manitowoc County at an affordable cost. The residents of Shady Lane can expect a homelike setting with a supportive atmosphere that respects individuality, promotes physical and emotional well-being, and encourages independence. The mission of Shady Lane Inc is to offer skilled nursing services to the senior population, particularly those with higher acuity needs requiring more intense care. This population may include private pay residents as well as those funded by government programs such as Medicare and Medicaid. The organization treats a significant number of residents annually, as evidenced by the 143 residents treated in the plan year.
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Impact
July, 2024
Shady Lane Inc provides skilled nursing services to the senior population, including those with higher acuity needs who require intense care. They serve a diverse group of residents, including private pay residents and those on government funding like Medicare and Medicaid. In the past year, they have treated 143 residents in Manitowoc, WI. Shady Lane's mission is to offer the highest quality residential care at a reasonable cost, creating a home-like setting that supports individuality, promotes well-being, and encourages independence for older adults in Manitowoc County.
This information is meant to be a general summary of Shady Lane 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: $35,204
- Program Service Revenue: $8,201,742
- Gross Receipts: $8,701,775
Assets and Liabilities:
- Total Assets: $13,650,522
- Total Liabilities: $6,502,456
- Net Assets: $7,148,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SKILLED NURSING FACILI
Revenue
$4,458,159
ASSISTED LIVING FACILI
Revenue
$3,615,972
CAFETERIA REVENUES
Revenue
$116,168
BEAUTY & BARBER SHOP
Revenue
$7,356
OTHER
Revenue
$4,087
Organization Details
Founding Year
1950
Phone
(920) 682-8254Principal Officer
Kasandra Paider
Main Address
1235 SOUTH 24TH STREET, MANITOWOC, WI, 542205516
Website
www.shadylaneinc.comNTEE Category
Code: P750 - Human services
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