Overview
What is Presbyterian Homes Bloomington Care Center Inc?
Presbyterian Homes Bloomington Care Center Inc is a nonprofit organization situated in Bloomington, Minnesota. The organization manages a skilled nursing facility with 98 beds, an assisted living facility with 86 units, a memory care specific assisted living facility with 18 units, and an independent living facility comprising 101 units. Their mission is to enrich the lives and touch the hearts of older adults by honoring God. In total, the organization provides housing and care solutions for various stages of aging adults.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68% (Two-Star out of Four Star rating)
Presbyterian Homes Bloomington Care Center Inc has received a Two-Star rating from Charity Navigator, indicating some areas of concern in its financial accountability and governance. The rating is based solely on the Accountability & Finance beacon, where it scored 68%. While the organization demonstrates a high program expense ratio of 88.92%, suggesting that a significant portion of its funds go directly to programs, its overall financial management has notable limitations.
One of the key weaknesses highlighted in their evaluation is the lack of independent board members, scoring 0% in this category. This raises questions about the oversight and governance practices within the organization. However, the nonprofit does have strong financial oversight mechanisms in place, such as an audit and oversight committee that received full marks for its structure.
Additionally, while the organization has established various policies related to conflict of interest, whistleblower protection, and document retention, it fell short in providing publicly accessible tax documents on its website. This lack of transparency can be a concern for potential donors and stakeholders interested in understanding the financial health and operational practices of the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes Bloomington Care Center Inc legitimate?
Presbyterian Homes Bloomington Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Bloomington Care Center 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: $12,234,249
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Presbyterian Homes Bloomington Care Center Inc?
Presbyterian Homes Bloomington Care Center Inc is committed to enriching the lives and touching the hearts of older adults. This faith-based organization's mission is to honor God by providing compassionate care and support to seniors. Through various facilities, including skilled nursing, assisted living, memory care, and independent living, Presbyterian Homes Bloomington Care Center Inc aims to improve the daily experiences and overall well-being of its residents. By fostering a nurturing and caring environment, the organization strives to create meaningful connections and positively impact the lives of older adults.
Official website here: www.preshomes.org
Who is the CEO of Presbyterian Homes Bloomington Care Center Inc?
Mark Meyer is the Board Chair/Ceo of Presbyterian Homes Bloomington Care Center Inc. The CEO's salary of Presbyterian Homes Bloomington Care Center Inc is $0 and their total compensation is $943,678.
Official website here: www.preshomes.org
What is the revenue of Presbyterian Homes Bloomington Care Center Inc?
Presbyterian Homes Bloomington Care Center Inc's revenue in 2022 was $24,346,158.
Official website here: www.preshomes.org
Who are the executives of Presbyterian Homes Bloomington Care Center Inc and what are their salaries?
There 67 volunteers at Presbyterian Homes Bloomington Care Center Inc.
Here are 9 key members and their salaries (Presbyterian Homes Bloomington Care Center Inc's CEO's salary is $0 and their total compensation is $943,678):
- Compensation: $0
- Related: $919,741
- Other: $23,937
- Compensation: $0
- Related: $445,702
- Other: $27,414
- Compensation: $0
- Related: $347,973
- Other: $20,328
- Compensation: $0
- Related: $323,989
- Other: $27,414
- Compensation: $0
- Related: $323,848
- Other: $19,541
- Compensation: $141,078
- Related: $0
- Other: $7,031
- Compensation: $101,243
- Related: $0
- Other: $18,290
- Compensation: $101,352
- Related: $0
- Other: $14,027
- Compensation: $101,089
- Related: $0
- Other: $13,867
Official website here: www.preshomes.org
Where can I find the form 990 for Presbyterian Homes Bloomington Care Center Inc?
Presbyterian Homes Bloomington Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Presbyterian Homes Bloomington Care Center Inc
Presbyterian Homes Bloomington Care Center Inc is a mission-driven organization dedicated to honoring God by enriching the lives and touching the hearts of older adults. The organization, located in Minnesota, provides a range of living options to cater to the diverse needs of older adults.
At the heart of Presbyterian Homes Bloomington Care Center Inc's offerings is a 98-bed skilled nursing facility designed to offer comprehensive care to those requiring specialized medical attention. Adjacent to this, there is an 86-unit assisted living facility, providing personalized care and assistance with daily living activities for older adults who need some support. For those with memory care needs, the organization offers an 18-unit memory care specific assisted living facility. Lastly, for seniors who wish to maintain their independence while having access to community and support services, there is a 101-unit independent living facility.
Presbyterian Homes Bloomington Care Center Inc's commitment to honoring God extends beyond just providing housing. The organization is dedicated to creating an engaging, enriching environment where older adults can thrive. This is achieved through a variety of programs, activities, and services tailored to meet the physical, emotional, and spiritual needs of its residents. From social events and recreational opportunities to spiritual care and wellness programs, the organization strives to create a community where older adults feel valued, supported, and encouraged to live their best lives.
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Impact
October, 2024
Presbyterian Homes Bloomington Care Center Inc significantly impacts the community by providing comprehensive and compassionate care for older adults. With a focus on enriching lives and nurturing the hearts of its residents, the organization operates a range of facilities, including a skilled nursing center, assisted living units, memory care, and independent living spaces.
This multifaceted approach ensures that individuals at various stages of health and independence receive tailored support. The skilled nursing facility accommodates those with complex medical needs, while assisted living and memory care options foster a sense of belonging and security for residents facing cognitive challenges.
By creating an environment that prioritizes dignity, respect, and spiritual wellness, Presbyterian Homes Bloomington Care Center Inc enhances the quality of life for seniors in Roseville and the surrounding areas. Their commitment to honoring God and serving older adults cultivates a community where residents thrive mentally, physically, and spiritually.
This information is meant to be a general summary of Presbyterian Homes Bloomington Care Center 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: -$62,883
- Program Service Revenue: $23,088,214
- Gross Receipts: $24,368,002
Assets and Liabilities:
- Total Assets: $46,518,981
- Total Liabilities: $31,511,111
- Net Assets: $15,007,870
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$23,088,214
Organization Details
Founding Year
1996
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: E91 - Health
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