Overview
What is Geriatric Living Solutions Inc?
Geriatric Living Solutions Inc, situated in Teaneck, New Jersey, is a dedicated nonprofit organization. Their primary focus is on providing assisted living services for the elderly and individuals in need, offering support in both home and apartment settings. Their mission is to cater to the physical, social, and psychological needs of these individuals, promoting their health, security, happiness, and overall usefulness in their later years. The organization, employing 32 individuals, works tirelessly to design specialized services that enhance the well-being and independence of its clients.
Official website here: www.thebrightsidefamily.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Geriatric Living Solutions Inc has received a Three-Star rating from Charity Navigator, with an overall score of 81%, focused entirely on its Accountability & Finance metric. The rating reflects a strong commitment to financial transparency and governance, as evidenced by the charity’s high scores in areas such as independent board membership and the presence of essential governance policies. The organization has successfully maintained a high program expense ratio of 76.98%, indicating that a significant portion of its expenditures is directed toward its mission-related activities.
However, the rating is tempered by a concerning financial metric; the liabilities to assets ratio is notably high at 806.32%, which may raise questions about the organization's financial sustainability and ability to meet its obligations. While the charity excels in governance practices and accountability, the high liabilities ratio suggests potential risks that could affect its long-term viability.
Overall, while Geriatric Living Solutions Inc demonstrates strong governance and financial practices, prospective donors and stakeholders should consider both the organization’s strengths and the implications of its financial liabilities when assessing its overall health and impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Geriatric Living Solutions Inc?
96% of 11 reviewers on Facebook recommend Geriatric Living Solutions Inc. Here's a summary of their insights:
The majority of reviewers express a positive sentiment towards the organization, highlighting it as a quality living environment for elderly individuals. They appreciate the supportive atmosphere and the overall care provided.
Moreover, it appears that the organization is also regarded as a great place to work, indicating a positive workplace culture that may contribute to the high standards of care for residents. Overall, Geriatric Living Solutions Inc. seems to be successful in fulfilling its mission to support the elderly in a nurturing setting.
This AI summary has been generated from reviews found on Facebook.
Is Geriatric Living Solutions Inc legitimate?
Geriatric Living Solutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geriatric Living Solutions 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: $1,151,956
For more financial information, click here
Official website here: www.thebrightsidefamily.org
What is the mission statement of Geriatric Living Solutions Inc?
Geriatric Living Solutions Inc is committed to providing assisted living services in both home and apartment settings for elderly individuals or those in need. Their services are tailored to meet the physical, social, and psychological needs of these individuals, aiming to enhance their health, security, happiness, and usefulness in their longer living. The organization's goal is to promote a secure and fulfilling lifestyle for these individuals, ensuring their well-being and independence. They strive to create an environment that caters to their unique needs, fostering their overall growth and quality of life.
Official website here: www.thebrightsidefamily.org
What is the revenue of Geriatric Living Solutions Inc?
Geriatric Living Solutions Inc's revenue in 2023 was $1,267,545.
Official website here: www.thebrightsidefamily.org
Who are the executives of Geriatric Living Solutions Inc and what are their salaries?
The average compensation at Geriatric Living Solutions Inc during 2023 was $34,908. There are 33 employees at Geriatric Living Solutions Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $125,000
- Other: $24,757
Official website here: www.thebrightsidefamily.org
Where can I find the form 990 for Geriatric Living Solutions Inc?
Geriatric Living Solutions Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thebrightsidefamily.org
Learn more at the official website: www.thebrightsidefamily.org
Mission Statement of Geriatric Living Solutions Inc
Geriatric Living Solutions Inc is dedicated to providing assisted living services for elderly individuals or those in need, in both home and apartment settings. Their mission is to cater to the unique physical, social, and psychological needs of these individuals, aiming to promote their health, security, happiness, and usefulness in longer living. The organization's services are meticulously designed to address these needs, ensuring that each individual receives the care they require to live comfortably and with dignity. Geriatric Living Solutions Inc strives to enhance the quality of life for its clients, providing them with the support they need to lead fulfilling and secure lives.
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Impact
July, 2024
Geriatric Living Solutions Inc has a significant impact on the elderly and persons in need by providing assisted living services in home and apartment settings. Their services are specially designed to meet the physical, social, and psychological needs of their clients, promoting their health, security, happiness, and usefulness in longer living. This organization in Teaneck, NJ, goes above and beyond to ensure that the elderly and those in need receive the support and care they require to live fulfilling lives.
This information is meant to be a general summary of Geriatric Living Solutions 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: $252
- Program Service Revenue: $1,157,293
- Gross Receipts: $1,267,545
Assets and Liabilities:
- Total Assets: $103,861
- Total Liabilities: $837,455
- Net Assets: -$733,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$1,157,293
Organization Details
Founding Year
2014
Principal Officer
Elizabeth Davis
Website
www.thebrightsidefamily.orgNTEE Category
Code: L22 - Housing
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