Overview
What is Mount Olivet Home?
Mount Olivet Home (MOH) is a 92-bed facility located in Minneapolis, Minnesota, offering semi-independent living accommodations. The establishment features private rooms with private bathrooms and provides additional support for individuals coping with early stages of memory loss, Alzheimer's, and other dementia-related illnesses in a secure memory care unit. Residents are encouraged to bring their favorite belongings, maintaining a sense of personal space while fostering independence in daily activities. Assistance with medication administration and bathing is available upon request. Onsite vision, hearing, dental, and podiatry services are also available to ensure residents' overall well-being. Three nutritious meals and refreshments are served daily in the main dining room, while residents in the memory care unit enjoy dining in their unit's exclusive dining area. Family members are welcome to share meals with their loved ones in either location. Spacious lounges, outdoor patios, and private family areas make Mount Olivet Home an inviting and homelike environment, dedicated to providing high-quality long-term care for its residents in a loving and caring atmosphere.
Official website here: www.mtolivethomes.org
What are the reviews and ratings of this charity?
Mount Olivet Home has earned a Four-Star out of Four Star rating from Charity Navigator with a commendable score of 96%. This rating reflects the organization's strong accountability and financial health, as indicated by a high performance in various criteria such as the completeness of financial documentation and the integrity of the board. The organization's successful management of assets and liabilities, along with a high program expense ratio, underscores its efficiency in resource allocation.
Key strengths of Mount Olivet Home include its fully independent board and robust financial governance, marked by comprehensive conflict of interest and whistleblower policies. The absence of any material diversion of assets further demonstrates the organization’s dependable oversight and governance. However, a minor shortcoming lies in the omission of their tax form on their website, as reflected in Form 990 reporting.
Although Mount Olivet Home excels in accountability and finance, it has not been rated for Impact & Measurement, Culture & Community, or Leadership & Adaptability. These areas present opportunities for Mount Olivet Home to further demonstrate its effectiveness and influence beyond financial indicators, by potentially highlighting qualitative impacts or organizational culture. User reviews are currently not available, limiting insights into direct experiences or community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Mount Olivet Home legitimate?
Mount Olivet Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount Olivet Home 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: $5,612,009
For more financial information, click here
Official website here: www.mtolivethomes.org
What is the mission statement of Mount Olivet Home?
Mount Olivet Home's mission is centered around providing high-quality long-term care for its residents. This care is delivered in a loving and caring environment, ensuring the residents feel at home. The facility offers various services to cater to the needs of its residents, including private rooms with bathrooms, assistance with activities of daily life, and onsite medical services. The secured memory care unit is designed for residents dealing with early stages of memory loss, Alzheimer's, and other dementia-related illnesses. The home also provides nutritious meals and refreshments daily, allowing families to join their loved ones for meals in designated areas. Spacious lounges, outdoor patios, and private family areas contribute to the home-like feel of the facility.
Official website here: www.mtolivethomes.org
Who is the CEO of Mount Olivet Home?
Timothy Hokanson is the President of Mount Olivet Home.
Official website here: www.mtolivethomes.org
What is the revenue of Mount Olivet Home?
Mount Olivet Home's revenue in 2022 was $11,667,781.
Official website here: www.mtolivethomes.org
Who are the executives of Mount Olivet Home and what are their salaries?
The average compensation at Mount Olivet Home during 2022 was $29,078. There are 193 employees and 20 volunteers at Mount Olivet Home.
Here are 18 key members and their salaries:
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- Compensation: $115,292
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- Other: $21,087
Official website here: www.mtolivethomes.org
Where can I find the form 990 for Mount Olivet Home?
Mount Olivet Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mtolivethomes.org
Learn more at the official website: www.mtolivethomes.org
Mission Statement of Mount Olivet Home
Mount Olivet Home, a 92-bed semi-independent living facility, is dedicated to providing high-quality long-term care for its residents in a loving and caring environment. The organization takes pride in offering private rooms equipped with personal bathrooms, allowing residents to furnish their spaces with cherished possessions. The residents at Mount Olivet Home maintain their independence in daily activities such as dressing, grooming, eating, walking, transferring, and toileting. However, assistance with medication administration and bathing is available when needed.
Mount Olivet Home also includes a secure memory care unit for those coping with the early stages of memory loss, Alzheimer's, and other dementia-related illnesses. The facility provides onsite vision, hearing, dental, and podiatry services to ensure the overall well-being of its residents. Three nutritious meals and daily refreshments are served in the main floor dining room, while residents in the memory care unit enjoy meals in a dining room located within the unit. Family members are welcome to share meals with their loved ones in either location. Spacious lounges, outdoor patios, and private family areas create a warm and welcoming atmosphere, making Mount Olivet Home feel like a home away from home.
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Impact
July, 2024
Mount Olivet Home's impact is profound in providing high-quality long-term care for residents in a loving and caring environment. The facility, located in Minneapolis, MN, offers a range of services to ensure the well-being and comfort of its residents. With private rooms featuring private bathrooms, onsite healthcare services, and nutritious meals served daily, Mount Olivet Home strives to create a homely atmosphere where residents can live independently while receiving the necessary support. Additionally, the facility's secured memory care unit caters to residents dealing with memory loss, Alzheimer's, and other dementia-related illnesses, providing specialized care tailored to their needs. Overall, Mount Olivet Home's dedication to compassionate care enhances the lives of those in their community.
This information is meant to be a general summary of Mount Olivet Home. 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: $45,589
- Program Service Revenue: $11,331,213
- Gross Receipts: $11,667,781
Assets and Liabilities:
- Total Assets: $14,333,348
- Total Liabilities: $1,981,981
- Net Assets: $12,351,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$9,231,519
DIETARY INCOME
Revenue
$2,099,694
Organization Details
Founding Year
1960
Phone
(612) 827-5677Principal Officer
Timothy Hokanson
Main Address
5517 LYNDALE AVENUE SOUTH, MINNEAPOLIS, MN, 55419
Website
www.mtolivethomes.orgNTEE Category
Code: P750 - Human services
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