Overview
What is The Capstone Group Inc?
The Capstone Group Inc is a nonprofit organization specializing in the operation of long-term health care facilities. They boast ownership of two facilities situated in Guthrie Center, Iowa, and Marion, Iowa. The Guthrie Center facility offers a comprehensive range of care services, accommodating 17 independent living apartments. The Capstone Group's mission lies in providing long-term health care solutions, ensuring that their residents have access to necessary care and amenities.
What are the reviews and ratings of this charity?
The Capstone Group Inc has received a Three-Star out of Four Star rating from Charity Navigator, with an overall score of 78%. This rating is based on a single accountability and finance beacon, indicating that the organization demonstrates a solid level of financial health and transparency. The strong performance in financial accountability reflects positively on its management practices, such as the presence of an audit committee and a whistleblower policy.
The organization excels particularly in its program expense ratio, dedicating a significant 86.54% of its expenses directly to its programs. However, there are some areas in need of improvement, especially regarding board independence, as it falls short on independent board member size, indicating potential concerns around governance. Additionally, there are some deficiencies in transparency with regard to its documentation availability online.
User reviews from GreatNonprofits could not be retrieved, so feedback on community perception or individual experiences with the organization is not available at this time. Overall, while The Capstone Group Inc shows strong financial integrity, enhancing transparency and board diversity could further strengthen its standing.
This AI summary has been generated from information found on Charity Navigator.
Is The Capstone Group Inc legitimate?
The Capstone Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Capstone Group 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: $116,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,975,669
For more financial information, click here
What is the mission statement of The Capstone Group Inc?
The Capstone Group Inc's mission is centered around the operation of long-term health care facilities. Specifically, they own and manage two such facilities, one in Guthrie Center and another in Marion. The Guthrie Center facility offers a comprehensive range of care needs, including 17 independent living apartments. In essence, The Capstone Group is committed to providing long-term health care services, catering to various care needs in a supportive environment.
Who is the CEO of The Capstone Group Inc?
Michael A Michaud is the President & Treasurer of The Capstone Group Inc.
What is the revenue of The Capstone Group Inc?
The Capstone Group Inc's revenue in 2022 was $8,980,174.
Who are the executives of The Capstone Group Inc and what are their salaries?
The average compensation at The Capstone Group Inc during 2022 was $20,058. There are 204 employees and 60 volunteers at The Capstone Group Inc.
Here are 5 key members and their salaries:
- Compensation: $115,968
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $108,472
- Related: $0
- Other: $11,916
Where can I find the form 990 for The Capstone Group Inc?
The Capstone Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Capstone Group Inc
The Capstone Group Inc is dedicated to operating long-term health care facilities, demonstrating a commitment to providing comprehensive care needs. With two establishments in Guthrie Center, Iowa, and Marion, Iowa, this organization stands out in the field. The Guthrie Center facility, in particular, offers a wide array of services, catering to individuals seeking independent living. It houses 17 apartments, providing a suitable environment for those in need of long-term care. The Capstone Group Inc's mission is to ensure that each resident receives the care they require, fostering an atmosphere of comfort and support within its facilities.
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Impact
July, 2024
The Capstone Group Inc's impact lies in its operation of long-term health care facilities that cater to the community's diverse care needs. With facilities located in Guthrie Center and Marion, IA, The Capstone Group provides essential services to individuals requiring long-term care. The presence of 17 independent living apartments at the Guthrie Center facility underscores the organization's commitment to offering a full spectrum of care options. Through its dedication to human services, The Capstone Group Inc positively impacts the lives of those in need of long-term care services in these communities.
This information is meant to be a general summary of The Capstone Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,640
- Program Service Revenue: $8,960,534
- Gross Receipts: $10,830,869
Assets and Liabilities:
- Total Assets: $12,099,164
- Total Liabilities: $7,464,876
- Net Assets: $4,634,288
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID
Revenue
$4,136,196
PRIVATE PAY
Revenue
$3,280,564
HOUSING
Revenue
$833,457
MEDICARE A
Revenue
$592,475
MEDICARE B
Revenue
$99,627
Organization Details
Founding Year
1998
Phone
(770) 578-1754Principal Officer
Michael A Michaud
Main Address
3831 FENWAY CROSSING, MARIETTA, GA, 300626923
NTEE Category
Code: P75 - Human services
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