Overview
What is Asbury Communities Hcbs Inc?
Asbury Communities Hcbs Inc is a nonprofit organization situated in Frederick, Maryland, specifically at 5285 WESTVIEW DRIVE 200. Their primary focus is on providing home care services to older adults, contributing a substantial 45,143 hours of care in 2022. Their mission, as stated, is to establish, maintain, operate, and support various services for older adults, such as home care, home health care, home maintenance, hospice, and others. They are dedicated to exploring possibilities to help older adults live their best lives with integrity, transparency, and grace.
Official website here: www.asbury.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 45%, Zero-Star out of Four Star rating.
Asbury Communities Hcbs Inc has received a low rating of 45%, indicating significant concerns regarding its financial health and governance structure. The organization lacks independent board members, which is critical for ensuring that decisions are made in the best interest of stakeholders. While it does have policies in place for conflict of interest and whistleblower protections, these strengths do not compensate for the lack of independence in its board structure.
Financially, the organization shows a concerning liabilities to assets ratio of 353.89%, which suggests it may be over-leveraged and could face sustainability challenges in the future. Additionally, its program expense ratio of 46.55% indicates that less than half of its expenses are directed towards programs, which raises questions about the efficiency of its operations.
Despite having robust audit and oversight measures and compliance with governance policies, the overall financial metrics reflect potential risks that could impact its ability to serve its mission effectively. Stakeholders should closely monitor these factors when considering their support for Asbury Communities Hcbs Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Asbury Communities Hcbs Inc legitimate?
Asbury Communities Hcbs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asbury Communities Hcbs 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: $1,304,311
For more financial information, click here
Official website here: www.asbury.org
What is the mission statement of Asbury Communities Hcbs Inc?
Asbury Communities HCBS Inc's mission is centered around improving the lives of older adults. They strive to establish, maintain, and operate various home care services, such as home health care, home maintenance, and hospice, with integrity, transparency, and grace. The organization's mission goes beyond providing care; it aims to support older adults in living their best lives. In 2022, they provided 45,143 hours of home care service.
Official website here: www.asbury.org
What is the revenue of Asbury Communities Hcbs Inc?
Asbury Communities Hcbs Inc's revenue in 2023 was $1,820,997.
Official website here: www.asbury.org
Who are the executives of Asbury Communities Hcbs Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $374,850
- Other: $40,149
- Compensation: $0
- Related: $580,617
- Other: $36,244
- Compensation: $0
- Related: $442,003
- Other: $29,015
- Compensation: $0
- Related: $222,640
- Other: $7,847
- Compensation: $0
- Related: $107,045
- Other: $12,453
Official website here: www.asbury.org
Where can I find the form 990 for Asbury Communities Hcbs Inc?
Asbury Communities Hcbs Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.asbury.org
Learn more at the official website: www.asbury.org
Mission Statement of Asbury Communities Hcbs Inc
Asbury Communities HCBS Inc, a nonprofit organization, is committed to exploring possibilities that enable older adults to live their best lives. They achieve this by doing all the good they can, acting with integrity, transparency, and grace. Beyond this, Asbury Communities HCBS Inc establishes, maintains, operates, and supports various services for older adults. These services encompass home care, home health care, home maintenance, hospice, and other related offerings.
In the context of home care, Asbury Communities HCBS Inc provided 45,143 hours of care in 2022. This service is an essential part of their mission, aiming to support older adults in maintaining their independence and quality of life within their own homes. The organization's services are either provided directly or in collaboration with other organizations, demonstrating a commitment to supporting older adults holistically. This approach enables Asbury Communities HCBS Inc to contribute positively to the lives of older adults, allowing them to live their best lives with dignity and independence.
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Impact
July, 2024
Asbury Communities Hcbs Inc's impact is significant in the field of home care services for older adults in Frederick, Maryland. In 2022, they provided 45,143 hours of care to individuals in need. Their mission to establish, maintain, operate, and support home care, home health care, home maintenance, hospice, and other services for older adults is carried out with integrity, transparency, and grace. Through their work, they are exploring possibilities to help individuals live their best lives by doing all the good they can.
This information is meant to be a general summary of Asbury Communities Hcbs 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 2023.
- Investment Income: $1,066
- Program Service Revenue: $1,775,013
- Gross Receipts: $1,820,997
Assets and Liabilities:
- Total Assets: $1,823,147
- Total Liabilities: $7,519,757
- Net Assets: -$5,696,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$1,775,013
Organization Details
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