Overview
What is Riverview Estates Inc?
Riverview Estates Inc is a nonprofit organization situated in Marquette, Kansas, at 202 S Washington. The primary focus of this organization is to offer nursing care to elderly and disabled individuals. They operate a 52-bed intermediate care nursing facility, providing a supportive environment for those in need. With a workforce of 87 dedicated employees, Riverview Estates Inc is committed to delivering high-quality care and fostering a sense of community and well-being among its residents.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (53%)
Riverview Estates Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization showcases strong governance with 100% independent board members and a robust program expense ratio of 81.59%, the overall score reflects serious issues, particularly with its high liabilities to assets ratio of 68.53%.
The organization demonstrates strengths in areas such as independent board governance and the documentation of board meeting minutes, which are positive indicators of transparency. However, the low overall score suggests that these strengths are overshadowed by financial challenges, particularly in managing its liabilities effectively.
While Riverview Estates Inc has made strides in certain aspects of accountability, potential donors and stakeholders may need to consider the financial limitations reflected in its ratings. Addressing these weaknesses will be crucial for improving its standing and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Riverview Estates Inc legitimate?
Riverview Estates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverview Estates 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: $63,690
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,432,660
For more financial information, click here
What is the mission statement of Riverview Estates Inc?
Riverview Estates Inc, as an organization, is committed to providing nursing care for its elderly and disabled residents. They accomplish this by operating an intermediate care nursing facility, which they own. Their primary objective is to ensure the well-being and comfort of their residents, providing them with a secure and nurturing environment. The organization's services are tailored to meet the unique needs of each resident, aiming to enhance their quality of life. Through their dedicated staff and facilities, Riverview Estates Inc strives to create a supportive environment that respects the dignity and independence of its residents.
Who is the CEO of Riverview Estates Inc?
Ken Hedberg is the President of Riverview Estates Inc.
What is the revenue of Riverview Estates Inc?
Riverview Estates Inc's revenue in 2023 was $3,082,219.
Who are the executives of Riverview Estates Inc and what are their salaries?
The average compensation at Riverview Estates Inc during 2023 was $17,199. There are 87 employees at Riverview Estates Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $63,690
- Related: $0
- Other: $0
Where can I find the form 990 for Riverview Estates Inc?
Riverview Estates Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Riverview Estates Inc
Riverview Estates Inc, as a mission-driven organization, is dedicated to providing nursing care for elderly and disabled individuals. This nonprofit entity operates an intermediate care nursing facility, serving as a sanctuary where these individuals can receive the necessary care they require. By owning and managing this facility, Riverview Estates Inc plays a crucial role in ensuring the well-being and comfort of its residents, offering them a secure and supportive environment. The organization's mission is deeply rooted in the belief that every individual deserves high-quality nursing care, regardless of their age or disabilities. Through its operations, Riverview Estates Inc strives to enhance the lives of its residents, promoting their overall health and well-being.
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Impact
July, 2024
Riverview Estates Inc's impact can be seen in the valuable nursing care services it provides to elderly and disabled residents. Through its operation of a 52-bed nursing facility in MARQUETTE, KS, the organization plays a crucial role in catering to the healthcare needs of this vulnerable population. By offering specialized care and support, Riverview Estates Inc contributes to enhancing the well-being and quality of life for its residents. This impact is particularly significant in the field of healthcare, as the organization fulfills a vital role in meeting the needs of elderly and disabled individuals who require specialized nursing services.
This information is meant to be a general summary of Riverview Estates 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: $163
- Program Service Revenue: $2,891,572
- Gross Receipts: $3,082,219
Assets and Liabilities:
- Total Assets: $881,713
- Total Liabilities: $604,312
- Net Assets: $277,401
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Routine care-private pay
Revenue
$1,304,759
Routine care-Medicaid
Revenue
$988,772
Meals
Revenue
$796
Routine care-Medicare
Revenue
$597,245
Organization Details
Founding Year
1974
Phone
(785) 546-2211Principal Officer
Ken Hedberg
Main Address
202 S Washington, Marquette, KS, 67464
NTEE Category
Code: E91Z - Health
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