Evans Memorial Home For The Aged Inc

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

EIN: 420869258 ✦ Cresco, IA ✦ Designated as a 501(c)(3)

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Overview

What is Evans Memorial Home For The Aged Inc?

Evans Memorial Home for the Aged Inc, located in Cresco, Iowa, is a nonprofit organization dedicated to offering long-term care and necessary medical assistance to individuals in need. The organization operates a 46-bed nursing facility, along with a 27-unit assisted living facility, and manages an apartment complex and eight condominiums within the city. Their mission is to provide housing and nursing care for the elderly and handicapped in Cresco and its surrounding area. Currently, the organization employs 95 individuals, working tirelessly to ensure the well-being of those in their care.


Official website here: www.evansmemorialhome.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Evans Memorial Home For The Aged Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. With an overall score derived solely from their accountability and finance metrics, the organization demonstrates high standards in governance and transparency, underscored by a perfect score in independent board membership and no reported material diversion of assets.

The financial health of the nonprofit is robust, as evidenced by an impressive program expense ratio of 89.45%, indicating that a significant majority of its resources are directed toward its programs and services. The organization also maintains comprehensive policies related to conflict of interest, whistleblowing, and document retention, which are crucial for ethical oversight and operational integrity.

While the organization excels in governance and financial accountability, the data primarily focuses on these aspects, leaving potential gaps in insight regarding program effectiveness and impact. Overall, Evans Memorial Home For The Aged Inc showcases itself as a reliable and well-managed nonprofit, making it a worthy consideration for potential donors and supporters.


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

Is Evans Memorial Home For The Aged Inc legitimate?

Evans Memorial Home For The Aged Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evans Memorial Home For The Aged 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: $145,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,167,498

For more financial information, click here


Official website here: www.evansmemorialhome.com

What is the mission statement of Evans Memorial Home For The Aged Inc?

Evans Memorial Home For The Aged Inc is dedicated to providing nursing care and housing for the elderly and handicapped individuals. Their mission is to ensure these individuals receive the necessary medical attention and living accommodations they require. The home operates a nursing facility with 46 beds, an assisted living facility with 27 units, manages an apartment complex, and has eight condominiums. Their objective is to offer a supportive environment where the elderly and handicapped can reside comfortably while receiving the medical attention they need.


Official website here: www.evansmemorialhome.com

What is the revenue of Evans Memorial Home For The Aged Inc?

Evans Memorial Home For The Aged Inc's revenue in 2023 was $5,553,679.


Official website here: www.evansmemorialhome.com

Who are the executives of Evans Memorial Home For The Aged Inc and what are their salaries?

The average compensation at Evans Memorial Home For The Aged Inc during 2023 was $24,606. There are 94 employees and 8 volunteers at Evans Memorial Home For The Aged Inc.

Here are 9 key members and their salaries:


Jarold Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Midhtus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Trende (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Normie Ferrie (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Stevenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Noe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heidi Rice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendon Kacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Bowser (Administrator)
  • Compensation: $138,377
  • Related: $0
  • Other: $7,090


Official website here: www.evansmemorialhome.com

Where can I find the form 990 for Evans Memorial Home For The Aged Inc?

Evans Memorial Home For The Aged Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.evansmemorialhome.com

Learn more at the official website: www.evansmemorialhome.com

Mission Statement of Evans Memorial Home For The Aged Inc

Evans Memorial Home for the Aged Inc is dedicated to providing nursing care and housing for the elderly and handicapped individuals in need. Established as a nonprofit organization, its mission is to offer a suitable living environment and necessary medical attention to those requiring long-term care. The Home operates various facilities to cater to different needs. It manages a 46-bed nursing facility for individuals requiring intensive medical care, a 27-unit assisted living facility for those who require some assistance with daily activities, and an apartment complex and eight condominiums for residents with less severe needs. By providing these facilities, Evans Memorial Home for the Aged Inc aims to ensure that the elderly and handicapped in its surrounding area have access to the care and support they need to live comfortably and safely.

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Impact




July, 2024

Evans Memorial Home for the Aged Inc's impact is significant in providing essential housing and medical care for individuals in need of long-term care. By operating a 46-bed nursing facility, a 27-unit assisted living facility, and managing additional housing options, Evans Memorial Home serves as a valuable resource for elderly and handicapped individuals in Cresco, IA, and the surrounding area. This organization's mission to provide nursing care and housing for those in need contributes positively to the well-being and quality of life of its residents, making a tangible difference in the local community.




This information is meant to be a general summary of Evans Memorial Home For The Aged 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.

Revenue
$5,553,679 (2023)
Expenses
$4,788,656 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $165,970
  • Program Service Revenue: $5,386,727
  • Gross Receipts: $5,553,679

Assets and Liabilities:

  • Total Assets: $8,519,386
  • Total Liabilities: $507,612
  • Net Assets: $8,011,774

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Programs

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

Resident Care Services

Revenue

$4,233,548

Apartment Revenue

Revenue

$943,766

Eastview Revenue

Revenue

$198,563

Organization Details

Founding Year

1960

Principal Officer

Jarold Hughes

NTEE Category

Code: L22 - Housing

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