Overview
What is Menno-Olivet Care Center Inc?
Menno-Olivet Care Center Inc is a nonprofit organization situated in the small rural community of Menno, South Dakota. With a 63.53% occupancy rate, the center offers 49 beds for skilled nursing care and assisted living services. The primary mission of Menno-Olivet Care Center Inc is to provide affordable nursing home care for the elderly residents of the area, while also offering daycare facilities within the community. The organization employs a team of 78 individuals, dedicated to ensuring the well-being of their residents.
Official website here: www.menno-olivetcarecenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
Menno-Olivet Care Center Inc has received an 86% rating from Charity Navigator, reflecting a solid commitment to accountability and financial management. The organization demonstrates strong governance with a fully independent board and a robust structure for financial oversight, which is crucial for building trust among donors and stakeholders.
The charity excels in various financial metrics, including a low liabilities-to-assets ratio and a high program expense ratio, indicating that a significant majority of its funds are allocated directly to programs. This suggests an effective use of resources, thereby enhancing the organization's impact in the community it serves.
While the rating is commendable, it is based solely on the Accountability & Finance beacon, which may imply that other areas such as program effectiveness and donor engagement might not have been assessed in this scoring. Nonetheless, the high scores in financial transparency and governance provide a strong foundation for confidence in the organization's operations.
This AI summary has been generated from information found on Charity Navigator.
Is Menno-Olivet Care Center Inc legitimate?
Menno-Olivet Care Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Menno-Olivet 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: $82,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,838,934
For more financial information, click here
Official website here: www.menno-olivetcarecenter.org
What is the mission statement of Menno-Olivet Care Center Inc?
Menno-Olivet Care Center Inc is committed to providing affordable nursing home care for the elderly residing in a rural community. Their mission extends to offering daycare facilities as well. The organization operates a 49-bed skilled care and assisted living facility, serving the elderly population with a moderate occupancy rate. Their primary goal is to provide quality care at an affordable price, ensuring the elderly in their community have access to essential nursing services.
Official website here: www.menno-olivetcarecenter.org
What is the revenue of Menno-Olivet Care Center Inc?
Menno-Olivet Care Center Inc's revenue in 2023 was $2,994,743.
Official website here: www.menno-olivetcarecenter.org
Who are the executives of Menno-Olivet Care Center Inc and what are their salaries?
The average compensation at Menno-Olivet Care Center Inc during 2023 was $24,017. There are 80 employees and 25 volunteers at Menno-Olivet Care Center Inc.
Here are 7 key members and their salaries:
- Compensation: $82,448
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.menno-olivetcarecenter.org
Where can I find the form 990 for Menno-Olivet Care Center Inc?
Menno-Olivet Care Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.menno-olivetcarecenter.org
Learn more at the official website: www.menno-olivetcarecenter.org
Mission Statement of Menno-Olivet Care Center Inc
Menno-Olivet Care Center Inc, a nonprofit organization, is dedicated to providing affordable nursing home care for elderly residents in a small, rural community. Its mission is twofold: firstly, to offer skilled care and assisted living facilities for the elderly, ensuring they receive the necessary support and care. Secondly, the center also provides daycare facilities within this community, catering to the needs of the elderly in a nurturing and supportive environment. With a focus on affordability and community, Menno-Olivet Care Center Inc strives to make high-quality care accessible to those who may not have other options. The center currently operates a 49-bed facility with an occupancy rate of 63.53%, demonstrating its commitment to serving the elderly in its community.
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Impact
July, 2024
Menno-Olivet Care Center Inc's impact is vital in providing low-cost nursing home care for elderly residents in a small rural community. They also offer daycare facilities, enhancing the quality of life for both the residents and their families. With their 49-bed skilled care and assisted living facility operating at a 63.53% occupancy rate, they are able to support a significant portion of the elderly population in Menno, South Dakota. Their mission to offer affordable care and facilities in a rural setting exemplifies their commitment to serving the community's human services needs.
This information is meant to be a general summary of Menno-Olivet 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 2023.
- Investment Income: $55,332
- Program Service Revenue: $2,867,428
- Gross Receipts: $2,994,743
Assets and Liabilities:
- Total Assets: $2,283,089
- Total Liabilities: $234,983
- Net Assets: $2,048,106
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEALS SOLD
Revenue
$4,164
MEDICARE/MEDICAID
Revenue
$788,532
NURSING SUPPLIES SOLD
Revenue
$28,512
OUTPATIENT INCOME
Revenue
$6,401
ROOM SERVICE PRIVATE
Revenue
$2,034,130
Organization Details
Founding Year
1971
Principal Officer
Galen Guthmiller
NTEE Category
Code: P750 - Human services
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