Independence Health System Inc

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

EIN: 430926316 ✦ Perryville, MO ✦ Designated as a 501(c)(3)

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Overview

What is Independence Health System Inc?

Independence Health System Inc, located in Perryville, Missouri, is a nonprofit organization committed to providing comprehensive care for the elderly. Their services span various stages of long-term care, including skilled nursing facilities with 133 licensed beds, residential care accommodating 95 elderly individuals, and independent living with eight living units consisting of cottages and duplexes. They accept Medicare, Medicaid, and private pay, ensuring accessibility for their residents. Their mission is to offer retirement and health care services of excellence, fostering an environment that encourages living with dignity, security, and independence. The organization takes pride in their dedicated providers who deliver care within the facility, complementing their services with additional amenities such as therapy, beauty treatments, and wellness activities.


Official website here: www.independencehealthsystem.org

What are the reviews and ratings of this charity?

Charity Navigator has awarded Independence Health System Inc a Four-Star out of Four Star rating with an impressive overall score of 96%. This high rating reflects the organization’s robust accountability and financial transparency, primarily assessed through their fiscal management practices. The organization received optimal scores for its independent board membership, audit committee practices, and the absence of asset diversions. However, it's noteworthy that their tax form was not posted on the nonprofit's website as required.

Strengths of Independence Health System Inc include strong oversight mechanisms and sound financial health, indicated by a low liabilities to assets ratio and a high percentage of program expenses. The organization has effectively implemented conflict of interest and whistleblower policies, reinforcing its commitment to governance and ethical standards. Additionally, the majority of the board consists of independent members, contributing to its credibility and operational integrity.

Unfortunately, as of now, user reviews from GreatNonprofits are not available, which limits insights into the public's experiences and perceptions regarding the organization's programs and impact. Overall, while substantial financial management practices are evident, feedback on user engagement remains unexamined.


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

Is Independence Health System Inc legitimate?

Independence Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independence Health System 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: $274,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,516,921

For more financial information, click here


Official website here: www.independencehealthsystem.org

What is the mission statement of Independence Health System Inc?

Independence Health System Inc's mission is centered around providing high-quality retirement and healthcare services to the elderly. This mission is carried out with a commitment to excellence, in an environment that fosters dignity, security, and independence. The organization provides long-term care for the elderly at various stages, including skilled nursing facilities, residential care, and independent living. They accept Medicare, Medicaid, and private pay when applicable. The care provided at Independence Health System Inc extends beyond medical needs, offering additional services like therapy, beauty treatments, and personal care, allowing residents to live their best lives within the facility. The organization takes pride in its dedicated healthcare providers, ensuring that residents receive care without needing to leave the facility.


Official website here: www.independencehealthsystem.org

Who is the CEO of Independence Health System Inc?

Dana Korando is the President of Independence Health System Inc. The CEO's salary of Independence Health System Inc is $112,979 and their total compensation is $117,928.


Official website here: www.independencehealthsystem.org

What is the revenue of Independence Health System Inc?

Independence Health System Inc's revenue in 2022 was $8,678,890.


Official website here: www.independencehealthsystem.org

Who are the executives of Independence Health System Inc and what are their salaries?

The average compensation at Independence Health System Inc during 2022 was $18,677. There are 203 employees and 15 volunteers at Independence Health System Inc.


Here are 12 key members and their salaries (Independence Health System Inc's CEO's salary is $112,979 and their total compensation is $117,928):


Brian Dreyer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Wichern (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Ernst (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Streiler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Green (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Koenig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vida Yamnitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Palisch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Eggers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Korando (Administrator/Ceo)
  • Compensation: $112,979
  • Related: $0
  • Other: $4,949
Rhonda Pfister (Cfo)
  • Compensation: $85,062
  • Related: $0
  • Other: $9,951
Casey Ellis (Administrator)
  • Compensation: $76,461
  • Related: $0
  • Other: $3,484


Official website here: www.independencehealthsystem.org

Where can I find the form 990 for Independence Health System Inc?

Independence Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.independencehealthsystem.org

Learn more at the official website: www.independencehealthsystem.org

Mission Statement of Independence Health System Inc

Independence Health System Inc is committed to providing the elderly with retirement and healthcare services that prioritize excellence, dignity, security, and independence. Their mission is to offer comprehensive long-term care for the elderly at various stages, including skilled nursing facilities, residential care, and independent living. They accept Medicare, Medicaid, and private pay, ensuring accessibility to their services. The organization takes pride in the providers who come into their facility, allowing residents to receive care without leaving. Furthermore, Independence Health System Inc goes beyond basic healthcare by offering additional services such as therapy, beauty treatments, and personal care services, aiming to enhance the quality of life for their residents.

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Impact




July, 2024

Independence Health System Inc has a significant impact on the elderly community by providing a range of retirement and health care services. Their mission is dedicated to excellence, with a focus on promoting living with dignity, security, and independence for their residents. By offering skilled nursing facilities, residential care, independent living options, and a variety of additional care services such as therapy, facials, and beauty treatments, Independence Health System Inc ensures that the elderly residents receive comprehensive care tailored to their needs. This organization plays a vital role in enhancing the quality of life for seniors in the Perryville, MO area, allowing them to live their best life while receiving the necessary support and assistance.




This information is meant to be a general summary of Independence Health System 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
$8,678,890 (2022)
Expenses
$9,033,558 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $702,466
  • Program Service Revenue: $7,922,146
  • Gross Receipts: $8,874,062

Assets and Liabilities:

  • Total Assets: $16,593,629
  • Total Liabilities: $851,029
  • Net Assets: $15,742,600

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Programs

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

NURSING REVENUE

Revenue

$7,922,146

Organization Details

Founding Year

1969

Principal Officer

Dana Korando

Main Address

800 SOUTH KINGSHIGHWAY, PERRYVILLE, MO, 63775

NTEE Category

Code: E91 - Health

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