General Baptist Nursing Home Board Inc

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

EIN: 450521836 ✦ Piggott, AR ✦ Designated as a 501(c)(3)

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Overview

What is General Baptist Nursing Home Board Inc?

General Baptist Nursing Home Board Inc is a nonprofit organization located in Pigott, Arkansas, with a commitment to supporting the charitable missions of its associated tax-exempt entities on a non-discriminatory basis. Regardless of age, ethnicity, religion, sexual preference, or ability to pay, this organization offers management, financial, and administrative services to its affiliates on a cost-plus basis. The primary source of revenue for General Baptist Nursing Home Board Inc is the annual management fee it charges. The organization's mission is to provide shelter, housing, and personal care facilities for individuals who are infirm, aged, disabled, or in need of such services, ensuring they receive treatment and comfort.


Official website here: www.generalbaptisthealthcare.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 41%, Zero-Star out of Four Star rating.

The General Baptist Nursing Home Board Inc received a low score of 41% from Charity Navigator, which indicates significant concerns regarding its financial health and accountability. While the organization has a fully independent board, with 83% of its members being independent, it faces challenges in the transparency of its financial statements, receiving no points in this area. The absence of financial statements is a critical issue that raises questions about the organization's fiscal management.

On a positive note, the organization has implemented several strong governance practices, such as having a conflict of interest policy and a whistleblower policy, both of which were evaluated positively. Additionally, the organization has been diligent in documenting board meeting minutes and has a website listed on its tax form. However, the low program expense ratio of 10.18% indicates that a minimal portion of its budget is directed toward its charitable programs, which is a significant limitation in evaluating its impact.

Furthermore, the liabilities to assets ratio of 117.04% suggests that the organization may be over-leveraged, posing a risk to its financial stability. Overall, while there are some governance strengths, the financial transparency and operational effectiveness of the General Baptist Nursing Home Board Inc need substantial improvement for it to be considered a reliable charity.


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

Is General Baptist Nursing Home Board Inc legitimate?

General Baptist Nursing Home Board Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. General Baptist Nursing Home Board 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: $693,933
Professional Fundraising Fees: $0
Other Salaries and Wages: $713,323

For more financial information, click here


Official website here: www.generalbaptisthealthcare.com

What is the mission statement of General Baptist Nursing Home Board Inc?

General Baptist Nursing Home Board Inc's mission is centered around supporting the charitable objectives of related tax-exempt entities. This support is provided on a non-discriminatory basis, regardless of factors such as age, ethnicity, religion, sexual preference, or an individual's ability to pay. The organization offers management, financial, and administrative services to its affiliates, charging a cost-plus fee annually. This management fee serves as the corporation's sole source of revenue. The General Baptist Nursing Home Board Inc is organized for charitable purposes, aiming to provide shelter, housing, personal care, treatment, and comfort for individuals who are infirm, aged, disabled, or in need of such services.


Official website here: www.generalbaptisthealthcare.com

Who is the CEO of General Baptist Nursing Home Board Inc?

Scott Cole is the President - of General Baptist Nursing Home Board Inc. The CEO's salary of General Baptist Nursing Home Board Inc is $264,739 and their total compensation is $278,386.


Official website here: www.generalbaptisthealthcare.com

What is the revenue of General Baptist Nursing Home Board Inc?

General Baptist Nursing Home Board Inc's revenue in 2022 was $1,447,711.


Official website here: www.generalbaptisthealthcare.com

Who are the executives of General Baptist Nursing Home Board Inc and what are their salaries?

The average compensation at General Baptist Nursing Home Board Inc during 2022 was $93,817. There are 15 employees and 2 volunteers at General Baptist Nursing Home Board Inc.


Here are 10 key members and their salaries (General Baptist Nursing Home Board Inc's CEO's salary is $264,739 and their total compensation is $278,386):


Jim - Poole (President -)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Mcgrillis (Vp - Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Cole (Treasurer -)
  • Compensation: $65,366
  • Related: $0
  • Other: $0
Dave Brown (Secretary -)
  • Compensation: $54,942
  • Related: $0
  • Other: $0
Clydus Gray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trea Mccandless (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Cole (Ceo)
  • Compensation: $264,739
  • Related: $0
  • Other: $13,647
Tracy Cole (Coo)
  • Compensation: $157,170
  • Related: $0
  • Other: $0
David Read (Cfo)
  • Compensation: $49,608
  • Related: $0
  • Other: $0
Brett Millikin (Cfo)
  • Compensation: $102,108
  • Related: $0
  • Other: $3,149


Official website here: www.generalbaptisthealthcare.com

Where can I find the form 990 for General Baptist Nursing Home Board Inc?

General Baptist Nursing Home Board Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.generalbaptisthealthcare.com

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

Mission Statement of General Baptist Nursing Home Board Inc

General Baptist Nursing Home Board Inc is a nonprofit organization committed to supporting the charitable missions of other tax-exempt entities on a non-discriminatory basis. Regardless of age, ethnicity, religion, sexual preference, or ability to pay, this organization extends its support. General Baptist Nursing Home Board Inc provides management, financial, and administrative services to its affiliated entities on a cost-plus basis. The annual management fee is the sole source of revenue for the corporation. Established for charitable purposes, General Baptist Nursing Home Board Inc strives to offer shelter, housing, and facilities providing personal care, treatment, and comfort to individuals who are infirmed, aged, disabled, or in need of such services.

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Impact




July, 2024

General Baptist Nursing Home Board Inc supports the purposes and charitable missions of tax-exempt entities on a non-discriminatory basis, regardless of age, ethnicity, religion, sexual preference, or ability to pay. The organization provides management, financial, and administrative services to its affiliates on a cost-plus basis, with the management fee being its sole source of revenue.

Their focus is on providing shelter, housing, and facilities for the personal care, treatment, and comfort of individuals who are infirmed, aged, disabled, or otherwise in need of such services. By ensuring that these services are provided without discrimination and with a commitment to charitable missions, General Baptist Nursing Home Board Inc plays a significant role in supporting the well-being and healthcare needs of vulnerable populations.




This information is meant to be a general summary of General Baptist Nursing Home Board 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
$1,447,711 (2022)
Expenses
$2,107,103 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $763
  • Program Service Revenue: $1,194,238
  • Gross Receipts: $1,447,711

Assets and Liabilities:

  • Total Assets: $5,512,622
  • Total Liabilities: $6,452,523
  • Net Assets: -$939,901

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Programs

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

MANAGEMENT FEES

Revenue

$1,174,975

MISC. INCOME

Revenue

$19,263

Organization Details

Founding Year

1984

Principal Officer

Scott Cole

Main Address

1287 W NORTH STREET, PIGGOTT, AR, 72454

NTEE Category

Code: E91 - Health

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