Overview
What is Madonna Towers Of Rochester Inc?
Madonna Towers Of Rochester Inc is a Catholic, faith-based long-term care facility located in Rochester, Minnesota, with a mission to witness God's love by providing compassionate, quality care, particularly focusing on serving the underserved and those in need. With a 62-bed capacity, the organization operated at 91.6% occupancy during the fiscal year ending June 30, 2022, serving 356 individuals. Benedictine Madonna Towers, the doing business as name, employs a team of 362 individuals dedicated to creating compassionate communities for seniors, ensuring they live fully and well. The facility offers skilled nursing care to the elderly and had an impressive occupation rate.
Official website here: www.benedictineliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating
Madonna Towers Of Rochester Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored a total of 96%, indicating robust management practices and a high level of fiduciary responsibility. The rating is derived entirely from its Accountability & Finance metrics, showcasing the charity's effective oversight and strategic governance.
The nonprofit's strengths include a majority of independent board members, excellent audit and oversight practices, and no reported material diversion of assets. Additionally, their policies on conflicts of interest and whistleblower protections are well established, further illustrating their commitment to ethical governance. With a program expense ratio of 83.91%, the organization effectively allocates resources towards its mission.
While the data reflects a solid financial standing, with a liabilities to assets ratio of 48.53%, ongoing monitoring of financial health will be essential to maintain this positive trajectory. Overall, Madonna Towers Of Rochester Inc demonstrates commendable operational practices, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Madonna Towers Of Rochester Inc legitimate?
Madonna Towers Of Rochester Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Madonna Towers Of Rochester 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,025,474
For more financial information, click here
Official website here: www.benedictineliving.org
What is the mission statement of Madonna Towers Of Rochester Inc?
Madonna Towers of Rochester Inc is a Catholic, faith-based organization dedicated to providing compassionate and quality care, with a special concern for the underserved and those in need. The mission of Madonna Towers is to witness God's love by creating compassionate communities and supporting individuals to live fully and well. As a ministry entrusted to the Benedictine Sisters of Duluth, Minnesota, Madonna Towers aims to advance the life-enhancing senior care ministry, demonstrating God's love and creating a nurturing environment for its residents. The organization's commitment extends to those who are underserved and in need, ensuring they receive the care and dignity they deserve.
Official website here: www.benedictineliving.org
Who is the CEO of Madonna Towers Of Rochester Inc?
Jerry Carley is the Ceo Of Bhs of Madonna Towers Of Rochester Inc. The CEO's salary of Madonna Towers Of Rochester Inc is $0 and their total compensation is $835,679.
Official website here: www.benedictineliving.org
What is the revenue of Madonna Towers Of Rochester Inc?
Madonna Towers Of Rochester Inc's revenue in 2022 was $16,832,623.
Official website here: www.benedictineliving.org
Who are the executives of Madonna Towers Of Rochester Inc and what are their salaries?
The average compensation at Madonna Towers Of Rochester Inc during 2022 was $16,645. There are 362 employees and 45 volunteers at Madonna Towers Of Rochester Inc.
Here are 13 key members and their salaries (Madonna Towers Of Rochester Inc's CEO's salary is $0 and their total compensation is $835,679):
- Compensation: $0
- Related: $698,969
- Other: $136,710
- Compensation: $0
- Related: $421,705
- Other: $75,427
- Compensation: $0
- Related: $174,852
- Other: $26,543
- Compensation: $0
- Related: $123,470
- Other: $21,929
- Compensation: $0
- 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
- 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.benedictineliving.org
Where can I find the form 990 for Madonna Towers Of Rochester Inc?
Madonna Towers Of Rochester Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.benedictineliving.org
Learn more at the official website: www.benedictineliving.org
Mission Statement of Madonna Towers Of Rochester Inc
Madonna Towers Of Rochester Inc, a Catholic, faith-based organization, is dedicated to witnessing God's love by providing compassionate and quality care, with a special concern for the underserved and those in need. This mission drives their commitment to advancing the life-enhancing senior care ministry of the Benedictine Sisters of Duluth, Minnesota.
In practice, Madonna Towers Of Rochester Inc creates compassionate communities, where those they serve are encouraged to live fully and well. Their efforts extend beyond the mere provision of skilled nursing care to the elderly, reaching out to the underserved and those in need with a heartfelt concern. The organization's mission is rooted in the belief that every individual deserves to live a life filled with dignity and respect.
Their caring approach is reflected in the operation of Benedictine Madonna Towers, a 62-bed long-term care facility. Here, the elderly receive the skilled nursing care they need to thrive, with an occupancy rate of 91.6% during the fiscal year ending June 30, 2022. Over the course of this period, the facility served 356 individuals, demonstrating the significant impact that Madonna Towers Of Rochester Inc has on the lives of the vulnerable and needy members of their community.
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Impact
October, 2024
Madonna Towers Of Rochester Inc plays a crucial role in enhancing the quality of life for the elderly in the Rochester, Minnesota community. By operating a 62-bed long-term care facility, it provides skilled nursing care that is vital for seniors who require assistance and support. With an impressive occupancy rate of 91.6%, the facility effectively served 356 individuals in a recent fiscal year, demonstrating its commitment to meeting the needs of the community.
The organization is deeply rooted in its mission to offer compassionate care, particularly for underserved populations. This focus not only addresses physical health needs but also fosters emotional and spiritual well-being among residents, reflecting its Catholic, faith-based foundation. Through its dedication to creating supportive environments, Madonna Towers of Rochester Inc helps seniors live fully and engage with their community, which is essential for their overall wellness.
The impact of Madonna Towers extends beyond individual residents; it enriches the broader community by promoting values of compassion, care, and social responsibility. As a significant resource for senior care, it helps alleviate the challenges faced by families and ensures that elderly individuals receive the support they require to thrive in their later years.
This information is meant to be a general summary of Madonna Towers Of Rochester 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: $590,647
- Program Service Revenue: $15,965,504
- Gross Receipts: $16,832,623
Assets and Liabilities:
- Total Assets: $26,778,705
- Total Liabilities: $12,603,426
- Net Assets: $14,175,279
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$15,965,504
Organization Details
Founding Year
1995
Phone
(763) 347-2200Principal Officer
Jerry Carley
Main Address
6499 UNIVERSITY AVE NE 300, MINNEAPOLIS, MN, 55432
Website
www.benedictineliving.orgNTEE Category
Code: L00 - Housing
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