Overview
What is Martin Health Center Inc?
Martin Health Center Inc is a compassionate nonprofit organization based in Cedar Falls, Iowa, with a 100-bed nursing facility and a commitment to providing in-home care services. They seek to create meaningful lives for seniors and their families by offering comprehensive care, including a nursing facility and companion and post-hospital care services. The mission of Martin Health Center Inc is to assertively enhance the quality of life for seniors, their loved ones, and their dedicated staff.
Official website here: www.westernhomecommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Martin Health Center Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The score is entirely derived from the Accountability & Finance category, where the organization scored 81%. This rating reflects a commitment to maintaining transparency and proper governance practices, as evidenced by its independent board and comprehensive financial oversight mechanisms.
The organization demonstrates several strengths, including a fully independent board and effective financial policies. Martin Health Center Inc has achieved full points in various categories, such as having no material diversion of assets and maintaining a clear conflict of interest policy. Additionally, a significant portion of its expenses is allocated directly to its programs, with a program expense ratio of 86.38%, which is a positive indicator of its operational efficiency.
However, a notable limitation is the high liabilities to assets ratio of 130.84%, which may be a cause for concern regarding its financial leverage and long-term sustainability. While the center shows strengths in governance and program spending, addressing this financial aspect could enhance its overall stability and performance in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Martin Health Center Inc legitimate?
Martin Health Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Health 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: $8,493,926
For more financial information, click here
Official website here: www.westernhomecommunities.org
What is the mission statement of Martin Health Center Inc?
Martin Health Center Inc is committed to enriching the lives of seniors and their families, as well as their employees. They actively strive to create meaningful and satisfying lifestyles for their senior clients. The organization offers compassionate care through the operation of a 100-bed nursing facility and by providing in-home companion and post-hospital care services.
Official website here: www.westernhomecommunities.org
Who is the CEO of Martin Health Center Inc?
Kris Hansen is the CEO of Martin Health Center Inc The CEO's salary of Martin Health Center Inc is $0 and their total compensation is $492,360.
Official website here: www.westernhomecommunities.org
What is the revenue of Martin Health Center Inc?
Martin Health Center Inc's revenue in 2023 was $18,749,944.
Official website here: www.westernhomecommunities.org
Who are the executives of Martin Health Center Inc and what are their salaries?
There 6 volunteers at Martin Health Center Inc.
Here are 13 key members and their salaries (Martin Health Center Inc's CEO's salary is $0 and their total compensation is $492,360):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $450,003
- Other: $42,357
- Compensation: $0
- Related: $312,139
- Other: $39,871
- Compensation: $0
- Related: $242,892
- Other: $39,247
- Compensation: $0
- Related: $222,985
- Other: $47,857
- Compensation: $0
- Related: $176,128
- Other: $7,045
Official website here: www.westernhomecommunities.org
Where can I find the form 990 for Martin Health Center Inc?
Martin Health Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.westernhomecommunities.org
Learn more at the official website: www.westernhomecommunities.org
Mission Statement of Martin Health Center Inc
Martin Health Center Inc is a dedicated organization that actively strives to create fulfilling lifestyles for seniors, their families, and its employees. The mission of this esteemed institution is twofold: it not only seeks to enhance the quality of life for seniors but also ensures the well-being of their families and the Martin Health Center Inc team.
The care and services provided by Martin Health Center Inc are designed with compassion and sensitivity towards the unique needs of seniors. The organization operates a nursing facility accommodating up to 100 seniors, where they receive round-the-clock care and attention. Moreover, Martin Health Center Inc extends its reach beyond the facility by offering in-home companion and post-hospital care services, ensuring that seniors can maintain their independence and comfort in the familiar surroundings of their own homes.
Martin Health Center Inc is deeply committed to the well-being of its seniors and their families, as well as its employees. By offering a nurturing environment where seniors can thrive, the organization fosters a strong sense of community and belonging. The team at Martin Health Center Inc goes above and beyond to ensure that every senior's needs are met with the utmost care and respect. In doing so, they not only improve the lives of those they serve but also create a fulfilling work environment for their employees.
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Impact
October, 2024
Martin Health Center Inc creates a significant impact by providing compassionate care and essential services for seniors in Cedar Falls, IA. With a 100-bed nursing facility, it offers a supportive environment where seniors can thrive, ensuring they receive the attention and care they need.
In addition to residential care, Martin Health Center also extends its services through in-home companion and post-hospital care, allowing seniors to maintain their independence in familiar surroundings while receiving the necessary support. The organization focuses on fostering fulfilling lifestyles for seniors and their families, prioritizing their well-being and quality of life.
Their mission is not only to care for seniors but also to enhance the lives of employees, creating a positive environment where all stakeholders are valued. This holistic approach ensures that both seniors and staff contribute to a vibrant community centered around compassion and support.
This information is meant to be a general summary of Martin Health 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 2023.
- Investment Income: $58
- Program Service Revenue: $18,693,895
- Gross Receipts: $18,749,944
Assets and Liabilities:
- Total Assets: $20,295,697
- Total Liabilities: $26,556,671
- Net Assets: -$6,260,974
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROUTINE CARE SERVICES
Revenue
$18,033,650
OTHER OPERATING INCOME
Revenue
$653,091
ACO SHARED SAVINGS
Revenue
$7,154
Organization Details
Founding Year
1924
Principal Officer
Patrick O'Leary
NTEE Category
Code: P750 - Human services
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