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Iowa Odd Fellows And Orphans Home Corp

Ioof Home And Community Therapy Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 420818810 ✦ Mason city, IA ✦ Designated as a 501(c)(3)

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Overview

What is Iowa Odd Fellows And Orphans Home Corp?

Iowa Odd Fellows and Orphans Home Corp is a nonprofit organization situated in Mason City, Iowa. They are recognized for providing nursing care, ancillary services, and housing to the elderly, catering to a total of 25,387 bed days. Their primary mission involves operating a long-term care facility, including a 29-bed Alzheimer's wing, specifically designed to meet the needs of the elderly, including members of the Order of Odd Fellows. This organization, known as IOOF Home and Community Therapy Center, is dedicated to offering nursing care, housing, and long-term care services to both members of the Order of Odd Fellows and the general public, employing a workforce of 175 individuals.


Official website here: www.ioofhome.net

What are the reviews and ratings of this charity?

**Rating: 77% (Three-Star out of Four Star Rating on Charity Navigator)**

The Iowa Odd Fellows And Orphans Home Corp has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial health based on their latest fiscal year. The score primarily stems from their accountability and finance metrics, with strengths in having a fully independent board and a high program expense ratio of 88.53%, indicating efficient use of funds towards their mission.

However, the charity's rating does highlight some areas for improvement, particularly in governance practices. Notably, they lack a whistleblower policy and have some missing components in their financial documentation. While these factors may affect overall transparency, the organization has demonstrated an absence of material asset diversion and maintains a good liabilities to assets ratio.

User reviews from GreatNonprofits were not available for this organization, limiting the insights into public sentiment regarding their services and impact. Nonetheless, the current financial standing and governance attributes suggest a commitment to responsible management, though potential donors may want to consider the noted governance gaps when evaluating their support.


This AI summary has been generated from information found on Charity Navigator.

Is Iowa Odd Fellows And Orphans Home Corp legitimate?

Iowa Odd Fellows And Orphans Home Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa Odd Fellows And Orphans Home Corp 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: $108,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,022,368

For more financial information, click here


Official website here: www.ioofhome.net

What is the mission statement of Iowa Odd Fellows And Orphans Home Corp?

The Iowa Odd Fellows And Orphans Home Corp is committed to providing nursing care, housing, and long-term support to both members of the Order of Odd Fellows and the general public. This is carried out through the operation of an 88-bed long-term care facility, which includes a 29-bed Alzheimer's wing, all designed to cater to the needs of the elderly. The corporation's mission is to offer nursing care, ancillary services, and housing, contributing a total of 25,387 bed days.


Official website here: www.ioofhome.net

What is the revenue of Iowa Odd Fellows And Orphans Home Corp?

Iowa Odd Fellows And Orphans Home Corp's revenue in 2023 was $8,437,170.


Official website here: www.ioofhome.net

Who are the executives of Iowa Odd Fellows And Orphans Home Corp and what are their salaries?

The average compensation at Iowa Odd Fellows And Orphans Home Corp during 2023 was $25,658. There are 161 employees and 5 volunteers at Iowa Odd Fellows And Orphans Home Corp.

Here are 7 key members and their salaries:


Scott N Helgeson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandie Dodson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger L Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Rice Beg May 2023 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Nattress (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cork End April 2023 (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Davis (Administrator)
  • Compensation: $90,788
  • Related: $0
  • Other: $9,431


Official website here: www.ioofhome.net

Where can I find the form 990 for Iowa Odd Fellows And Orphans Home Corp?

Iowa Odd Fellows And Orphans Home Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.ioofhome.net

Learn more at the official website: www.ioofhome.net

Mission Statement of Iowa Odd Fellows And Orphans Home Corp

Iowa Odd Fellows and Orphans Home Corp is dedicated to providing nursing care, housing, and long-term support for the elderly, including members of the Order of Odd Fellows and the general public. Established with an 88-bed long-term care facility, including a 29-bed Alzheimer's wing, this nonprofit organization aims to cater to the needs of the aged, ensuring they receive the care and attention they require. The mission of Iowa Odd Fellows and Orphans Home Corp encompasses providing a total of 25,387 bed days of ancillary services, nursing care, and housing to the elderly, demonstrating their commitment to the well-being and comfort of the aging population.

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Impact




July, 2024

Iowa Odd Fellows And Orphans Home Corp impact is significant in providing nursing care, housing, and long-term care to the elderly, including members of the Order of Odd Fellows and the general public. Operating a long-term care facility with a specialized Alzheimer's wing, they have provided over 25,387 bed days of care. Their mission to meet the needs of the aged through nursing care and ancillary services showcases their commitment to human services and improving the quality of life for elderly individuals in Mason City, Iowa.




This information is meant to be a general summary of Iowa Odd Fellows And Orphans Home Corp. 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.

Revenue
$8,437,170 (2023)
Expenses
$8,552,768 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $95,485
  • Program Service Revenue: $6,907,083
  • Gross Receipts: $8,459,346

Assets and Liabilities:

  • Total Assets: $11,105,448
  • Total Liabilities: $1,276,641
  • Net Assets: $9,828,807

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT ROUTINE CARE

Revenue

$6,672,220

ANCILLARY SERVICES

Revenue

$234,863

Organization Details

Founding Year

1992

Principal Officer

Michael Davis

NTEE Category

Code: P70Z - Human services

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