Overview
What is Sylvia G Thompson Residence Center?
The Sylvia G Thompson Residence Center is a nonprofit organization located at 3333 W Tenth St, Sedalia, MO, 65301. They operate two skilled care facilities, with Sylvia G Thompson Residence Center having a capacity for 120 residents and E.W. Thompson Health and Rehabilitation Center accommodating 60 residents. Together, these facilities provided room and board and skilled nursing care to a total of 180 elderly residents towards the end of the year. Approximately half of the residents at Sylvia G Thompson Residence Center received financial assistance through lower rates or Title XIX funding, while 60% of the residents at E.W. Thompson Health and Rehabilitation Center also paid reduced rates. The mission of this organization is to provide essential care services to the elderly population, regardless of their financial capabilities. The organization employed a staff of 428 individuals.
Official website here: www.sgtrc.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 1 Star
The Sylvia G Thompson Residence Center has received a low rating of 51%, indicating significant concerns regarding its accountability and financial management. The organization lacks independent board members, which raises questions about governance and oversight. Despite having policies in place for conflict of interest and whistleblower protections, the absence of independent board oversight and the high liabilities to assets ratio (77.05%) are notable weaknesses.
On a positive note, the organization demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 75.31%. This suggests that a large portion of its funds is directed towards fulfilling its mission. Additionally, the organization has complied with certain reporting requirements, as its website is listed on its tax form, and it has provided board meeting minutes, indicating some level of transparency.
However, the lack of financial statements and the high compensation for key personnel, particularly the Secretary's salary of $160,483, may lead to concerns from potential donors regarding the effective use of funds. Overall, while the Sylvia G Thompson Residence Center appears to be fulfilling its programmatic objectives, its governance and financial practices warrant careful scrutiny.
This AI summary has been generated from information found on Charity Navigator.
Is Sylvia G Thompson Residence Center legitimate?
Sylvia G Thompson Residence Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sylvia G Thompson Residence Center 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: $265,874
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,746,434
For more financial information, click here
Official website here: www.sgtrc.com
What is the mission statement of Sylvia G Thompson Residence Center?
The Sylvia G Thompson Residence Center is committed to providing room and board, skilled nursing care, and ancillary services to the elderly population, regardless of their ability to pay. This non-profit organization operates two facilities, accommodating a combined total of 180 residents at the end of the year. Approximately half of the residents at Sylvia G Thompson Residence Center received care at rates lower than the set fees or were supported by Title XIX funding. Similarly, 60% of the residents at E.W. Thompson Health and Rehabilitation Center were also catered to at reduced rates. The organization's mission revolves around ensuring access to quality care for elderly individuals, regardless of their financial situation.
Official website here: www.sgtrc.com
What is the revenue of Sylvia G Thompson Residence Center?
Sylvia G Thompson Residence Center's revenue in 2024 was $13,230,198.
Official website here: www.sgtrc.com
Who are the executives of Sylvia G Thompson Residence Center and what are their salaries?
The average compensation at Sylvia G Thompson Residence Center during 2024 was $18,659. There are 483 employees at Sylvia G Thompson Residence Center.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $61,500
- Other: $0
- Compensation: $122,533
- Related: $16,251
- Other: $0
- Compensation: $0
- Related: $61,500
- Other: $0
- Compensation: $109,784
- Related: $17,325
- Other: $0
Official website here: www.sgtrc.com
Where can I find the form 990 for Sylvia G Thompson Residence Center?
Sylvia G Thompson Residence Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sgtrc.com
Learn more at the official website: www.sgtrc.com
Mission Statement of Sylvia G Thompson Residence Center
Sylvia G Thompson Residence Center, a dedicated nonprofit organization, is committed to providing essential services to the elderly population, irrespective of their ability to pay. The heart of this organization's mission lies in offering room and board, skilled nursing care, and ancillary services to the elderly community.
Situated within the Sylvia G Thompson Residence Center are two facilities, each catering to the unique needs of elderly residents. The first, a 120-bed facility, is known as Sylvia G Thompson Residence Center. The second, a 60-bed facility, goes by the name E.W. Thompson Health and Rehabilitation Center. Together, these facilities accommodated 180 residents at the end of the previous year.
Among the residents of Sylvia G Thompson Residence Center, approximately half paid amounts lower than the set rates or were subsidized through Title XIX funding. At E.W. Thompson Health and Rehabilitation Center, the percentage of residents paying lower rates was 60%. This aspect of the organization's mission reflects its unwavering dedication to ensuring access to essential care services for the elderly, regardless of their financial situation.
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Impact
October, 2024
The Sylvia G. Thompson Residence Center significantly enhances the quality of life for elderly individuals by offering essential services such as room and board, skilled nursing care, and various ancillary services. With a 120-bed capacity, the center accommodates a diverse population of residents, many of whom might otherwise struggle to access the care they need due to financial constraints.
Approximately half of the residents at the Sylvia G. Thompson Residence Center benefit from reduced payment rates, often supported by Title XIX funding, ensuring that financial barriers do not prevent elderly individuals from receiving critical care. This commitment to inclusivity not only addresses immediate healthcare needs but also fosters a sense of community and belonging among residents. In addition, the facility's holistic approach promotes overall well-being, making it a vital resource for the elderly population in Sedalia, MO, and beyond.
The center's impact extends beyond individual care, contributing to the broader social fabric by supporting families and relieving caregiver stress, ultimately allowing elderly residents to maintain dignity and quality of life in their later years.
This information is meant to be a general summary of Sylvia G Thompson Residence Center. 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 2024.
- Investment Income: $3,120
- Program Service Revenue: $13,227,078
- Gross Receipts: $13,230,198
Assets and Liabilities:
- Total Assets: $5,101,757
- Total Liabilities: $3,931,129
- Net Assets: $1,170,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD
Revenue
$10,572,475
OTHER PROGRAM SERVICE REVENUE
Revenue
$909,872
ROOM & BOARD - MEDICAID
Revenue
$659,299
OCCUPATIONAL THERAPY
Revenue
$445,230
PHYSICAL THERAPY
Revenue
$436,249
Organization Details
Founding Year
1992
Principal Officer
William J Shumake
Website
www.sgtrc.comNTEE Category
Code: P750 - Human services
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