Overview
What is Methodist Manor Retirement Community?
Methodist Manor Retirement Community, located at 1206 W 4th St, Storm Lake, IA 50588, is a nonprofit organization dedicated to providing comprehensive care for the elderly and disabled. Their services encompass skilled and intermediate long-term care, as well as assisted living, all aimed at enhancing the quality of life of their residents. Operating in a loving Christian environment, Methodist Manor Retirement Community is committed to delivering high-quality care, ensuring the well-being of over 290 employees they employ.
Official website here: www.mmrcsl.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)**
Methodist Manor Retirement Community has earned an 81% rating from Charity Navigator, reflecting a focus on accountability and finances. This score is derived solely from their strong practices in financial oversight, including having a fully independent board and robust financial statement audits. However, there's a notable gap regarding their documentation practices, specifically the absence of tax forms on their website, which slightly affects their financial transparency score.
The organization demonstrates significant strengths in governance and financial management, with high marks for having independent board members and implementing various policies to ensure ethical conduct. Despite these strengths, the high liabilities to assets ratio suggests potential financial pressure, which may limit their operational flexibility in the future.
User reviews from GreatNonprofits could not be fetched, so insights into client sentiment and experiences are currently not available. Overall, while the organization shows strong fiscal responsibility, paying attention to areas like transparency with its documentation would enhance its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Methodist Manor Retirement Community legitimate?
Methodist Manor Retirement Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Methodist Manor Retirement Community 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: $110,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,336,287
For more financial information, click here
Official website here: www.mmrcsl.org
What is the mission statement of Methodist Manor Retirement Community?
Methodist Manor Retirement Community operates as a multi-level services facility, catering to older adults. Their mission is to provide high-quality care in a compassionate Christian environment. This community is dedicated to serving elderly and disabled individuals, offering both skilled and intermediate long-term care, as well as assisted living services. Their primary goal is to ensure the wellbeing of their residents, promoting a caring and nurturing atmosphere throughout their services.
Official website here: www.mmrcsl.org
What is the revenue of Methodist Manor Retirement Community?
Methodist Manor Retirement Community's revenue in 2023 was $12,868,854.
Official website here: www.mmrcsl.org
Who are the executives of Methodist Manor Retirement Community and what are their salaries?
The average compensation at Methodist Manor Retirement Community during 2023 was $22,942. There are 281 employees and 20 volunteers at Methodist Manor Retirement Community.
Here are 13 key members and their salaries:
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Official website here: www.mmrcsl.org
Where can I find the form 990 for Methodist Manor Retirement Community?
Methodist Manor Retirement Community's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mmrcsl.org
Learn more at the official website: www.mmrcsl.org
Mission Statement of Methodist Manor Retirement Community
Methodist Manor Retirement Community, a multi-level services community, is dedicated to providing top-notch care for older adults in a loving and Christian environment. Its mission is to cater to the elderly and disabled individuals, offering both skilled and intermediate long-term care. Furthermore, the community extends its services to the elderly and disabled by providing assisted living, ensuring they live with dignity and independence. This nonprofit organization is committed to maintaining a high standard of care, fostering a nurturing environment that enriches the lives of its residents.
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Impact
July, 2024
Methodist Manor Retirement Community in Storm Lake, IA, provides skilled and intermediate long-term care to the elderly and disabled, as well as assisted living services. Their impact is evident in the quality care they offer in a loving Christian environment, supporting older adults in living fulfilling and dignified lives. By prioritizing the well-being of their residents, Methodist Manor Retirement Community contributes positively to the health and welfare of the elderly and disabled population in the area.
This information is meant to be a general summary of Methodist Manor Retirement Community. 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: $20,732
- Program Service Revenue: $12,770,849
- Gross Receipts: $12,873,001
Assets and Liabilities:
- Total Assets: $29,521,836
- Total Liabilities: $29,227,800
- Net Assets: $294,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAILY SERVICE REVENUE
Revenue
$10,293,692
ASSISTED LIVING
Revenue
$1,691,201
INDEPENDENT LIVING
Revenue
$614,597
OTHER RESIDENT REVENUE
Revenue
$134,699
MISCELLANEOUS INCOME
Revenue
$34,179
Organization Details
Founding Year
1959
Principal Officer
Nicholas Landgraf
Website
www.mmrcsl.orgNTEE Category
Code: E91Z - Health
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