Overview
What is Eastern Star Masonic Home?
Eastern Star Masonic Home is a nonprofit organization situated in Boone, Iowa, specifically at 715 W 3rd Street. Its primary mission is to provide comprehensive healthcare services to senior citizens, ensuring they receive optimal care at an affordable cost. The organization operates a multi-level retirement community, meticulously maintaining appropriate programs, services, modern facilities, and financial stability. With a dedicated workforce of 301 individuals, Eastern Star Masonic Home aims to uphold a balanced approach between affordability and high-quality care for its senior residents.
Official website here: www.iowaoeshome.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58% (One-Star out of Four Stars)
Eastern Star Masonic Home has received a One-Star rating from Charity Navigator, reflecting significant concerns despite a strong score in accountability and finance. This low overall rating primarily stems from the absence of essential financial statements and some compliance policies, such as conflict of interest and whistleblower policies. While the organization demonstrates effective board independence and a solid program expense ratio, its overall financial health appears to be lacking.
Strengths include a fully independent governing board and a high program expense ratio, indicating that a substantial portion of revenues is directed towards its mission-related activities. However, the absence of certain key financial documents and policies raises questions about transparency and governance practices. The high liabilities to assets ratio further highlights potential financial sustainability issues.
User reviews from GreatNonprofits were not available, which limits the ability to provide insights from the community or beneficiaries regarding their experiences with the organization. Overall, while the Eastern Star Masonic Home showcases some strengths in governance, its performance rating implies room for improvement in transparency and financial reporting.
This AI summary has been generated from information found on Charity Navigator.
Is Eastern Star Masonic Home legitimate?
Eastern Star Masonic Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Star Masonic 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: $170,788
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,223,828
For more financial information, click here
Official website here: www.iowaoeshome.com
What is the mission statement of Eastern Star Masonic Home?
The Eastern Star Masonic Home is committed to providing healthcare services to seniors through a multi-level retirement community. They strive to offer optimal health services at an affordable cost, ensuring the maintenance of adequate and appropriate programs, services, modern facilities, and financial soundness. This mission is undertaken to cater to the needs of seniors while ensuring the home remains financially sustainable.
Official website here: www.iowaoeshome.com
What is the revenue of Eastern Star Masonic Home?
Eastern Star Masonic Home's revenue in 2024 was $13,789,544.
Official website here: www.iowaoeshome.com
Who are the executives of Eastern Star Masonic Home and what are their salaries?
The average compensation at Eastern Star Masonic Home during 2024 was $26,868. There are 238 employees and 5 volunteers at Eastern Star Masonic Home.
Here are 6 key members and their salaries:
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- Compensation: $164,125
- Related: $0
- Other: $7,005
Official website here: www.iowaoeshome.com
Where can I find the form 990 for Eastern Star Masonic Home?
Eastern Star Masonic Home's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.iowaoeshome.com
Learn more at the official website: www.iowaoeshome.com
Mission Statement of Eastern Star Masonic Home
Eastern Star Masonic Home is committed to providing comprehensive health care services for seniors, establishing a multi-level retirement community that ensures optimal health care at an affordable cost. The organization strives to maintain a balance between offering adequate and appropriate programs, services, modern facilities, and financial stability, all while prioritizing the well-being of its senior residents. By providing these services, the Eastern Star Masonic Home aims to contribute to the overall health and wellness of the elderly population, ensuring their quality of life remains high despite their age. The home's mission is to create an environment where seniors can age gracefully, with access to the care and resources they need to lead fulfilling lives.
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Impact
July, 2024
Eastern Star Masonic Home's impact lies in providing essential health care services to seniors through a multi-level retirement community in Boone, IA. By offering optimal health services at an affordable cost, they ensure that seniors receive the care they need in a supportive environment. This not only helps in maintaining the seniors' well-being but also contributes to the overall welfare of the community by offering modern facilities and financial stability. Their commitment to serving seniors underscores their dedication to human services and the betterment of the aging population.
This information is meant to be a general summary of Eastern Star Masonic 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 2024.
- Investment Income: $9,318
- Program Service Revenue: $12,819,203
- Gross Receipts: $13,789,544
Assets and Liabilities:
- Total Assets: $23,661,495
- Total Liabilities: $19,321,599
- Net Assets: $4,339,896
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING HOME CARE
Revenue
$9,962,301
MEDICARE/MEDICAID PAYMENTS
Revenue
$2,388,536
LEASE OF DUPLEXES
Revenue
$468,366
Organization Details
Founding Year
1905
Principal Officer
Christina Walsh
Website
www.iowaoeshome.comNTEE Category
Code: P75Z - Human services
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