Overview
What is Samaritan Bethany Inc?
Samaritan Bethany Inc is a nonprofit organization located in Rochester, Minnesota. Their primary mission is to offer housing, nursing care, and related services to the elderly population. They operate both a nursing home and an apartment complex, Arbor Terrace, which includes assisted living and memory care facilities. The organization is licensed for 182 nursing home beds and has 83 apartment units. In total, Samaritan Bethany Inc employs 415 individuals dedicated to caring for the elderly residents.
Official website here: www.samaritanbethany.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Samaritan Bethany Inc has earned a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid commitment to accountability and finance, with an overall score calculated entirely from this metric. The organization demonstrated strong governance, as evidenced by having a fully independent board and robust financial oversight measures. Their program expense ratio is commendable, indicating that a significant portion of their expenditures directly supports their mission.
However, a notable limitation is their liabilities-to-assets ratio, which stands at 105.88%. This suggests that the organization may have more liabilities than assets, which could raise concerns about financial stability. Despite this, the charity has implemented several best practices, such as a conflict of interest policy and a whistleblower policy, contributing to a transparent operational framework.
Overall, while Samaritan Bethany Inc showcases effective financial management and governance, potential donors should consider the implications of their financial ratios when evaluating the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Samaritan Bethany Inc legitimate?
Samaritan Bethany Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Samaritan Bethany 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: $425,211
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,398,998
For more financial information, click here
Official website here: www.samaritanbethany.com
What is the mission statement of Samaritan Bethany Inc?
Samaritan Bethany Inc is dedicated to providing housing, nursing care, and related services for the elderly community. Through its nursing home and apartment complex, the organization offers comprehensive care for seniors, including assisted living and memory care. The mission of Samaritan Bethany Inc is to enhance the quality of life for the elderly population by offering them a safe and supportive living environment. The organization's commitment extends beyond basic care, as it strives to promote independence and maintain the dignity of its residents. With a focus on creating a caring and nurturing atmosphere, Samaritan Bethany Inc aims to ensure that its elderly residents receive the necessary care and attention to thrive.
Official website here: www.samaritanbethany.com
Who is the CEO of Samaritan Bethany Inc?
Rachael Maxfield is the CEO of Samaritan Bethany Inc The CEO's salary of Samaritan Bethany Inc is $79,352 and their total compensation is $84,933.
Official website here: www.samaritanbethany.com
What is the revenue of Samaritan Bethany Inc?
Samaritan Bethany Inc's revenue in 2023 was $19,534,394.
Official website here: www.samaritanbethany.com
Who are the executives of Samaritan Bethany Inc and what are their salaries?
The average compensation at Samaritan Bethany Inc during 2023 was $22,448. There are 304 employees and 100 volunteers at Samaritan Bethany Inc.
Here are 18 key members and their salaries (Samaritan Bethany Inc's CEO's salary is $79,352 and their total compensation is $84,933):
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- Compensation: $79,352
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- Other: $5,581
Official website here: www.samaritanbethany.com
Where can I find the form 990 for Samaritan Bethany Inc?
Samaritan Bethany Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.samaritanbethany.com
Learn more at the official website: www.samaritanbethany.com
Mission Statement of Samaritan Bethany Inc
Samaritan Bethany Inc, a dedicated nonprofit organization, is committed to providing housing, nursing care, and related services for the elderly. In fulfilling its mission, Samaritan Bethany runs a nursing home and an apartment complex, both offering assisted living and memory care. The nursing home provides shelter and care for 155 active residents, while Arbor Terrace, the apartment complex, houses 83 elderly individuals. Through these facilities, Samaritan Bethany offers more than just a place to live; it provides a nurturing environment where the elderly can receive the care and support they need to thrive. The organization's compassionate team ensures that residents' needs are met with dignity and respect, allowing them to live comfortably and securely. By offering housing, nursing care, and related services, Samaritan Bethany Inc enhances the quality of life for the elderly population, providing them with the care and attention they deserve.
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Impact
October, 2024
Samaritan Bethany Inc plays a vital role in the Rochester, Minnesota community by offering essential housing, nursing care, and related services designed specifically for the elderly. The organization operates a nursing home licensed for 182 beds, currently accommodating 155 residents, alongside an apartment complex known as Arbor Terrace, which contains 83 assisted living units.
By providing a range of services, including comprehensive nursing care, assisted living options, and specialized memory care, Samaritan Bethany ensures that older adults have access to the support and resources they need to enhance their quality of life. The organization focuses on creating a safe and nurturing environment, promoting dignity and independence for its residents.
The impact of Samaritan Bethany extends beyond just physical care; it nurtures a sense of community among seniors, fostering social engagement and a supportive atmosphere. Through its mission, Samaritan Bethany contributes significantly to the well-being of the elderly population in Rochester, actively enhancing their lives through dedicated and compassionate service.
This information is meant to be a general summary of Samaritan Bethany 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 2023.
- Investment Income: $656,460
- Program Service Revenue: $14,944,047
- Gross Receipts: $19,884,308
Assets and Liabilities:
- Total Assets: $32,215,412
- Total Liabilities: $34,112,813
- Net Assets: -$1,897,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$14,879,480
TELEVISION REVENUE
Revenue
$39,820
THERAPY RENTAL INCOME
Revenue
$17,657
A.T. RENTAL INCOME
Revenue
$7,090
Organization Details
Founding Year
1971
Phone
(507) 289-5042Principal Officer
Kyla Berg
Main Address
PO BOX 5947, ROCHESTER, MN, 559035947
Website
www.samaritanbethany.comNTEE Category
Code: P750 - Human services
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