The Nicol Home Inc

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

EIN: 480686394 ✦ Glasco, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Nicol Home Inc?

The Nicol Home Inc, located in Glascoe, Kansas, is a dedicated nonprofit organization that provides charitable services to their local community. They specialize in Medicaid beneficiary skilled nursing housing and services, ensuring that community members have access to necessary care without reliance on private pay sources or relocation to other areas. The organization is committed to offering quality, compassionate care to its residents, employing well-trained professionals who treat each individual with dignity and respect in a home-like atmosphere. They strive to meet the residents' physical, mental, and social needs, continuously assessing community needs and modifying programs as required, in collaboration with local stakeholders.


Official website here: www.nicolhome.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 81% - Three-Star out of Four Star rating

The Nicol Home Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This score is derived entirely from its Accountability & Finance metrics, demonstrating a strong commitment to transparency and responsible financial management.

Key strengths of The Nicol Home include having a fully independent board, which is crucial for unbiased decision-making. The organization also shows no material diversion of assets, maintains a low liabilities to assets ratio, and allocates a significant portion of its expenses (87%) directly to its programs. These factors point towards a well-managed organization focused on its mission.

However, while the overall score is favorable, it is important to note that the rating relies solely on financial accountability, and there are no additional metrics considered. Prospective donors and supporters may want to look into program effectiveness and impact to gain a complete picture of the organization's overall performance.


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

What do the Facebook reviews say about The Nicol Home Inc?

Three reviews about The Nicol Home Inc highlight a positive atmosphere within the nonprofit. The residents are described as integral members of the Nicol Home family, receiving kindness and respect from both staff and administration. There is a strong emphasis on a range of activities that support the well-being and happiness of the residents, contributing to an engaging environment.

The staff's professionalism and compassion are frequently mentioned, with many noting their dedication to creating a safe and welcoming atmosphere. The overall sentiment suggests that this organization truly cares for its residents and provides a nurturing space for them to thrive.

Based on these insights, it seems that The Nicol Home delivers on its promise of a supportive and engaging community for its residents, showcasing a commitment to their health and happiness.


This AI summary has been generated from reviews found on Facebook.

Is The Nicol Home Inc legitimate?

The Nicol Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nicol Home 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: $1,463,405

For more financial information, click here


Official website here: www.nicolhome.org

What is the mission statement of The Nicol Home Inc?

The Nicol Home Inc is committed to providing high-quality, compassionate care to its residents. This is achieved through a team of well-trained, professional employees who treat each resident with dignity and respect, creating a home-like atmosphere. The organization ensures that residents receive the best possible care to meet their physical, mental, and social needs. Additionally, The Nicol Home Inc contributes to the community by offering charitable services through Medicaid beneficiary skilled nursing housing and services. Without this organization, the local community might be limited to private pay sources or forced to relocate to another area for care. The Nicol Home Inc continuously assesses the community's needs and strategizes with local stakeholders to modify programs accordingly.


Official website here: www.nicolhome.org

Who is the CEO of The Nicol Home Inc?

Kent Studt is the President of The Nicol Home Inc.


Official website here: www.nicolhome.org

What is the revenue of The Nicol Home Inc?

The Nicol Home Inc's revenue in 2022 was $2,916,868.


Official website here: www.nicolhome.org

Who are the executives of The Nicol Home Inc and what are their salaries?

The average compensation at The Nicol Home Inc during 2022 was $24,390. There are 60 employees and 5 volunteers at The Nicol Home Inc.


Here are 7 key members and their salaries:


Kent Studt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Mcclellan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Hirsch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Darnall (Voting Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Henning (Voting Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Garst (Voting Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Melton (Voting Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nicolhome.org

Where can I find the form 990 for The Nicol Home Inc?

The Nicol Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nicolhome.org

Learn more at the official website: www.nicolhome.org

Mission Statement of The Nicol Home Inc

The Nicol Home Inc is committed to providing high-quality, compassionate care to its residents, ensuring they are treated with dignity and respect in a homelike atmosphere. This nonprofit organization employs well-trained, professional staff who strive to meet the physical, mental, and social needs of each resident to the best of their ability. The Nicol Home Inc's mission is to provide charitable service to the community by participating in Medicaid beneficiary skilled nursing housing and services. Without this nonprofit, the local community would be limited to private pay sources or forced to relocate to another area that could meet their needs. The Nicol Home Inc continuously assesses the community's needs and strategizes as a local organization, board, and stakeholders to modify programs to meet those needs.

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Impact




July, 2024

The Nicol Home Inc's impact is significant in providing quality, compassionate care to its residents with well-trained, professional employees. The organization ensures that everyone is treated with dignity and respect in a home-like atmosphere while receiving the best possible care to meet their physical, mental, and social needs. By participating in Medicaid beneficiary skilled nursing housing and services, The Nicol Home Inc plays a crucial role in providing charitable service to the community. Without them, the local community would be limited to private pay sources or have to relocate to another area that could meet their needs. The organization continuously assesses community needs and collaborates as a local organization, board, and stakeholders to adapt programs accordingly. The Nicol Home Inc's mission is rooted in enhancing the well-being of its residents and contributing positively to the health sector.




This information is meant to be a general summary of The Nicol Home 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
$2,916,868 (2022)
Expenses
$2,706,262 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,007
  • Program Service Revenue: $2,883,275
  • Gross Receipts: $2,916,868

Assets and Liabilities:

  • Total Assets: $1,397,236
  • Total Liabilities: $395,323
  • Net Assets: $1,001,913

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Programs

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

PRIVATE REVENUE

Revenue

$1,495,959

MEDICARE REVENUE

Revenue

$732,801

MEDICAID REVENUE

Revenue

$654,515

Organization Details

Founding Year

1962

Principal Officer

Kent Studt

Main Address

303 EAST BUFFALO STREET, GLASCO, KS, 67445

NTEE Category

Code: E91 - Health

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