Overview
What is Cokato Charitable Trust C/O Cokato Manor?
Cokato Charitable Trust C/O Cokato Manor is a nonprofit organization located at 182 Sunset Avenue, Cokato, Minnesota. Their primary mission is to offer quality health and housing services to adult residents in their community and beyond. They achieve this through various facilities and initiatives. Cokato Manor provides skilled nursing care, while Brookridge Assisted Living caters to the needs of its 16 residents in an assisted living setting. Edgewood Gables serves as senior apartments for 38 residents, ensuring their independence while prioritizing safety. Home-delivered meals are also provided to a limited number of individuals daily, with additional physical, occupational, and speech services available to both residents and community members. Despite the challenges posed by the ongoing COVID-19 pandemic, the organization has continued to serve 63 residents at Cokato Manor and adjust its staffing levels to maintain the well-being of its residents. Overall, Cokato Charitable Trust C/O Cokato Manor is committed to enhancing the quality of life and maintaining the maximum level of functioning for its residents, with a total workforce of 228 employees.
Official website here: www.cokatoseniorcare.com
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 88% (Three-Star out of Four Stars)**
Cokato Charitable Trust C/O Cokato Manor has received a Three-Star rating from Charity Navigator, reflecting a strong score of 88% in Accountability & Finance. The rating primarily indicates the organization's transparency and responsible financial management practices. High marks were awarded for having a fully independent board and robust audit practices. However, the charity's historical ratings do not assess Leadership & Adaptability, Culture & Community, or Impact & Measurement, indicating potential gaps in understanding the overall effectiveness and community engagement.
The organization shows financial stability, with a program expense ratio of over 89%, suggesting that the majority of funds are directed towards its programs rather than administrative costs. Nonetheless, there is a lack of data concerning the salaries of key personnel, which could raise questions regarding compensation transparency. The absence of posted financial information as stated on Form 990 also represents a limitation in accessibility for potential donors.
User reviews from GreatNonprofits were not retrievable, which means public sentiment regarding the organization's impact or additional strengths and weaknesses could not be assessed. Overall, while Cokato Charitable Trust demonstrates good accountability and financial stewardship, its limited scoring across other critical areas may leave some stakeholders seeking more comprehensive evaluations of its performance and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Cokato Charitable Trust C/O Cokato Manor legitimate?
Cokato Charitable Trust C/O Cokato Manor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cokato Charitable Trust C/O Cokato Manor 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: $212,424
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,674,994
For more financial information, click here
Official website here: www.cokatoseniorcare.com
What is the mission statement of Cokato Charitable Trust C/O Cokato Manor?
Cokato Charitable Trust, through its division Cokato Manor, is committed to providing elderly individuals with high-quality health and housing services. The aim is to enhance their quality of life and maintain their functioning at the highest level possible. This is achieved through various facilities and services, including skilled nursing, assisted living, home health care, and senior apartments. Meals are also prepared for congregate dining and delivered to home-bound seniors. Additionally, physical, occupational, and speech therapies are available in-house and on an outpatient basis for the community. Despite the challenges posed by the ongoing pandemic, Cokato Manor has continued to serve its residents diligently, ensuring their safety and independence.
Official website here: www.cokatoseniorcare.com
Who is the CEO of Cokato Charitable Trust C/O Cokato Manor?
Tresha Melquist is the Chair of Cokato Charitable Trust C/O Cokato Manor. The CEO's salary of Cokato Charitable Trust C/O Cokato Manor is $90,581 and their total compensation is $102,922.
Official website here: www.cokatoseniorcare.com
What is the revenue of Cokato Charitable Trust C/O Cokato Manor?
Cokato Charitable Trust C/O Cokato Manor's revenue in 2022 was $8,893,560.
Official website here: www.cokatoseniorcare.com
Who are the executives of Cokato Charitable Trust C/O Cokato Manor and what are their salaries?
The average compensation at Cokato Charitable Trust C/O Cokato Manor during 2022 was $17,050. There are 228 employees and 20 volunteers at Cokato Charitable Trust C/O Cokato Manor.
Here are 11 key members and their salaries (Cokato Charitable Trust C/O Cokato Manor's CEO's salary is $90,581 and their total compensation is $102,922):
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- Compensation: $90,581
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- Other: $12,341
- Compensation: $61,020
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- Other: $7,938
- Compensation: $120,071
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- Other: $0
Official website here: www.cokatoseniorcare.com
Where can I find the form 990 for Cokato Charitable Trust C/O Cokato Manor?
Cokato Charitable Trust C/O Cokato Manor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cokatoseniorcare.com
Learn more at the official website: www.cokatoseniorcare.com
Mission Statement of Cokato Charitable Trust C/O Cokato Manor
Cokato Charitable Trust, through its Cokato Manor division, is committed to providing high-quality health and housing services that significantly enhance the lives of elderly individuals. The organization's purpose is to ensure that its residents maintain their maximum level of functioning and quality of life. By offering a range of services including skilled nursing care, assisted living, home health care, and senior apartments, Cokato Charitable Trust caters to the physical, social, and psychological needs of its residents. The provision of congregate dining and home-delivered meals further supports the overall well-being of the elderly individuals in its care. Despite the challenges posed by the ongoing Covid-19 pandemic, Cokato Manor has continued to serve its residents with dedication, maintaining the necessary level of care while promoting independence in an assisted living setting. At Edgewood Gables, the senior apartment building, staffing levels have been adjusted to meet the unique needs of its 38 residents, ensuring everyone's safety during this period.
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Impact
July, 2024
Cokato Charitable Trust C/O Cokato Manor positively impacts the community by providing essential housing and services to meet the physical, social, and psychological needs of elderly individuals. Through facilities like Cokato Manor skilled nursing facility, Brookridge Assisted Living, and Edgewood Gables senior apartments, they offer a range of health and housing services. The Trust also ensures that residents receive quality meals through a congregate dining site and home-delivered meals. Additionally, they provide physical, occupational, and speech therapy services both in-house and on an outpatient basis. Despite challenges posed by the ongoing COVID-19 pandemic, Cokato Charitable Trust has remained dedicated to serving the needs of its residents, demonstrating a commitment to enhancing their quality of life and promoting maximum functionality.
This information is meant to be a general summary of Cokato Charitable Trust C/O Cokato Manor. 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: $59,507
- Program Service Revenue: $5,819,552
- Gross Receipts: $8,893,560
Assets and Liabilities:
- Total Assets: $9,130,389
- Total Liabilities: $5,498,929
- Net Assets: $3,631,460
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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
$5,785,660
Organization Details
Founding Year
1983
Phone
(320) 286-2158Principal Officer
Tresha Melquist
Main Address
182 Sunset Avenue, Cokato, MN, 55321
Website
www.cokatoseniorcare.comNTEE Category
Code: T00 - Philanthropy
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