Overview
What is Pace Of Southwest Michigan Inc?
Pace of Southwest Michigan Inc is a nonprofit organization based in St. Joseph, Michigan, located at 2900 Lakeview Avenue, ZIP code 49085. Their mission is to uniquely bridge health and social supports for frail, older adults who require nursing home level care, enabling them to maintain independence and dignity. The organization provides comprehensive, community-based care through an interdisciplinary team, offering services both at home and at their day center. All products and services typically covered under Medicare and Medicaid are included. With a workforce of 122 employees, Pace of Southwest Michigan Inc aims to preserve the independence and dignity of older adults by integrating health and social services.
Official website here: www.paceswmi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Pace of Southwest Michigan Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance, with an overall score of 81%. This rating is primarily derived from a single beacon score focused on financial practices, highlighting the charity's commitment to transparency and responsible management of funds.
The organization demonstrates strong governance, with 100% of its board members being independent. It has effectively implemented policies for oversight, conflict of interest, and whistleblowing, which further emphasizes its dedication to ethical operations. Additionally, with a program expense ratio of 86.94%, a significant portion of its expenditures is directed towards its programs, suggesting a strong focus on fulfilling its mission.
However, the organization faces a notable challenge with a high liabilities to assets ratio of 97.04%, which may raise concerns about its financial stability. While the charity has several strengths in governance and financial accountability, this high ratio indicates potential risks in its financial health that could affect its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Pace Of Southwest Michigan Inc legitimate?
Pace Of Southwest Michigan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace Of Southwest Michigan 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: $164,129
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,680,065
For more financial information, click here
Official website here: www.paceswmi.org
What is the mission statement of Pace Of Southwest Michigan Inc?
Pace Of Southwest Michigan Inc is dedicated to uniquely bridging health and social supports to preserve independence and dignity for frail older adults. Their mission is to coordinate comprehensive, community-based care for individuals who meet nursing home level of care criteria. This care is delivered both at home and at the organization's day center, managed by an interdisciplinary team. All products and services typically covered under Medicare and Medicaid are provided.
Official website here: www.paceswmi.org
Who is the CEO of Pace Of Southwest Michigan Inc?
Jim Schlaman is the President of Pace Of Southwest Michigan Inc. The CEO's salary of Pace Of Southwest Michigan Inc is $149,188 and their total compensation is $149,188.
Official website here: www.paceswmi.org
What is the revenue of Pace Of Southwest Michigan Inc?
Pace Of Southwest Michigan Inc's revenue in 2022 was $23,865,481.
Official website here: www.paceswmi.org
Who are the executives of Pace Of Southwest Michigan Inc and what are their salaries?
The average compensation at Pace Of Southwest Michigan Inc during 2022 was $39,707. There are 122 employees at Pace Of Southwest Michigan Inc.
Here are 10 key members and their salaries (Pace Of Southwest Michigan Inc's CEO's salary is $149,188 and their total compensation is $149,188):
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- Compensation: $149,188
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Official website here: www.paceswmi.org
Where can I find the form 990 for Pace Of Southwest Michigan Inc?
Pace Of Southwest Michigan Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.paceswmi.org
Learn more at the official website: www.paceswmi.org
Mission Statement of Pace Of Southwest Michigan Inc
Pace of Southwest Michigan Inc is a unique organization dedicated to preserving the independence and dignity of frail older adults. Through its comprehensive, community-based care program, this nonprofit bridges the gap between health and social supports.
The mission of Pace of Southwest Michigan Inc is to provide essential services to older adults who require nursing home-level care but prefer to live in their own homes or in a day center setting. With a team of interdisciplinary professionals, the organization ensures that all necessary care and services, typically covered under Medicare and Medicaid, are accessible to those in need.
At the heart of Pace of Southwest Michigan Inc's program is the PACE (Program of All-Inclusive Care for the Elderly) model. This approach combines medical, social, and long-term care services to meet the complex needs of older adults, all while allowing them to maintain their independence in a familiar environment. The organization's team of healthcare professionals, including nurses, physicians, social workers, and caregivers, work together to create an individualized care plan for each participant, ensuring their overall well-being.
Additionally, Pace of Southwest Michigan Inc offers its services at both the participants' homes and at its day center. This flexibility enables older adults to receive the care they need while staying connected to their community and loved ones. By providing a range of services, from personal care assistance to transportation and nutritious meals, Pace of Southwest Michigan Inc empowers older adults to live their best lives with dignity and independence.
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Impact
October, 2024
Pace Of Southwest Michigan Inc plays a crucial role in enhancing the quality of life for frail older adults by providing comprehensive, community-based care tailored to their specific needs. By offering a holistic approach that addresses both health and social support, the organization helps individuals maintain their independence and dignity while receiving necessary care.
The PACE (Program of All-Inclusive Care for the Elderly) model facilitates a seamless integration of services, ensuring that older adults can access care without the need for constant relocation to nursing facilities. Services are delivered in the comfort of their homes as well as at the organization's day center, where clients benefit from an interdisciplinary team of professionals.
This model not only meets the medical requirements typically covered under Medicare and Medicaid but also emphasizes a personal touch by catering to the social and emotional needs of the clients. The impact of this organization resonates throughout the community, fostering healthier, more connected living for older adults and their families. By bridging the gap between health care and social support, Pace Of Southwest Michigan Inc significantly contributes to the well-being of its participants and the broader community.
This information is meant to be a general summary of Pace Of Southwest Michigan 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: $14,764
- Program Service Revenue: $23,831,050
- Gross Receipts: $23,865,481
Assets and Liabilities:
- Total Assets: $7,025,876
- Total Liabilities: $3,171,045
- Net Assets: $3,854,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAID/MEDICARE
Revenue
$23,520,771
REINSURANCE
Revenue
$257,978
PRIVATE PAY
Revenue
$52,301
Organization Details
Founding Year
2011
Phone
(269) 408-4323Principal Officer
Jim Schlaman
Main Address
2900 LAKEVIEW AVENUE, ST JOSEPH, MI, 49085
Website
www.paceswmi.orgNTEE Category
Code: P75 - Human services
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