Overview
What is Souris Valley Care Center Inc?
Souris Valley Care Center Inc is a nonprofit organization, affiliated with the Evangelical Lutheran Good Samaritan Society, situated in Velva, North Dakota. Committed to sharing God's love, they offer two sheltering facilities: a 50-bed skilled nursing care center and a 16-unit assisted living facility. Their mission is to provide a nurturing environment for older individuals and those in need, firmly believing that everyone deserves respect and dignity, as reflected in the phrase "in Christ's love, everyone is someone." Their programs focus on long-term care and assisted living services, offering essential support and care to their residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Souris Valley Care Center Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored exceptionally well across various metrics, including having a fully independent board and a solid financial structure, with a notably low liabilities to assets ratio of 18.05%. These indicators suggest a well-managed nonprofit that prioritizes transparency and fiscal responsibility.
Among its strengths, the center has a 79.40% program expense ratio, signifying that a significant portion of its resources is directed towards its programs and services rather than administrative overhead. The presence of listed policies, such as conflict of interest and whistleblower protections, further reinforces its commitment to ethical governance and operational integrity.
While the data highlights many strengths, it does not provide details on specific program effectiveness or community impact, which are essential for fully understanding the organization's overall performance. Nonetheless, the high accountability score positions Souris Valley Care Center Inc as a reliable and trustworthy nonprofit in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Souris Valley Care Center Inc legitimate?
Souris Valley Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Souris Valley Care Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,325,145
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What is the mission statement of Souris Valley Care Center Inc?
Souris Valley Care Center Inc's mission is centered around sharing God's love. They strive to achieve this by offering shelter and care to older individuals and those in need. The organization believes that everyone holds significance in Christ's love, which forms the foundation of their services. Their activities primarily involve providing long-term care and assisted living facilities. The purpose of their operations is to extend care and support to those in need, embodying the belief that every individual matters.
Who is the CEO of Souris Valley Care Center Inc?
Doug Panchot is the Director of Souris Valley Care Center Inc.
What is the revenue of Souris Valley Care Center Inc?
Souris Valley Care Center Inc's revenue in 2022 was $5,662,361.
Who are the executives of Souris Valley Care Center Inc and what are their salaries?
The average compensation at Souris Valley Care Center Inc during 2022 was $26,422. There are 88 employees and 22 volunteers at Souris Valley Care Center Inc.
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Where can I find the form 990 for Souris Valley Care Center Inc?
Souris Valley Care Center Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Souris Valley Care Center Inc
Souris Valley Care Center Inc, a nonprofit organization, is driven by a mission to share God's love in word and deed. This mission is manifested through their provision of shelter to older persons and those in need. They believe that everyone, in the essence of Christ's love, is someone deserving of care and respect. The organization operates two primary programs: a 50-bed skilled nursing care facility and a 16-unit assisted living facility. These facilities are designed to cater to the needs of older individuals and others requiring assistance, embodying the nonprofit's commitment to its mission. Souris Valley Care Center Inc's operations are rooted in the belief that every person deserves dignity and respect, reflecting the love and compassion central to their mission.
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Impact
July, 2024
Souris Valley Care Center Inc, through its 50-bed skilled nursing care facility and 16-unit assisted living facility, is impacting the community by providing shelter and care to older persons and individuals in need. Guided by the mission to share God's love in word and deed, they offer long-term care and assisted living programs, embodying the belief that "in Christ's love, everyone is someone." Located in Velva, ND, the organization's work plays a vital role in meeting the healthcare and shelter needs of the community, particularly for those who require specialized care and support.
This information is meant to be a general summary of Souris Valley Care Center 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: $1,741
- Program Service Revenue: $5,393,294
- Gross Receipts: $5,718,553
Assets and Liabilities:
- Total Assets: $2,449,289
- Total Liabilities: $442,371
- Net Assets: $2,006,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM CHARGE
Revenue
$4,577,083
THERAPY - VARIOUS
Revenue
$816,211
Organization Details
Founding Year
1977
Phone
(701) 338-2072Principal Officer
Doug Panchot
Main Address
300 S MAIN ST, VELVA, ND, 58790
NTEE Category
Code: E910 - Health
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