Overview
What is Salina Presbyterian Manor Endowment Fund?
The Salina Presbyterian Manor Endowment Fund is a charitable organization that supports the Salina Presbyterian Manor, a resident facility. Its primary mission is to invest in capital expenditures that directly benefit the residents of this senior living center located in Salina, Kansas (2601 E Crawford St). As a part of Presbyterian Manors of Mid-America, Inc., a non-profit corporation, the endowment fund continues to contribute to the organization's original purpose. By providing financial support, it ensures the well-being and comfort of the Salina Presbyterian Manor's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Salina Presbyterian Manor Endowment Fund has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored a total of 94%, indicating a solid financial health and operational transparency. Notably, it has a perfect score for its independent board composition, with 100% of its members being independent, which enhances its governance.
The Endowment Fund demonstrates a strong commitment to ethical practices, having established thorough policies regarding conflicts of interest, whistleblower protections, and document retention. Additionally, it maintains a favorable liabilities to assets ratio of 0.00%, which suggests that it is free from debt and has a robust financial standing. Its program expense ratio of 85.76% indicates a significant portion of its resources is directed toward its mission-driven activities.
While the organization showcases exceptional governance and financial management, potential donors may want to consider how its specific programs impact the community and whether they align with their philanthropic goals. Overall, Salina Presbyterian Manor Endowment Fund exemplifies a reliable nonprofit worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Salina Presbyterian Manor Endowment Fund legitimate?
Salina Presbyterian Manor Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salina Presbyterian Manor Endowment Fund 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: $0
For more financial information, click here
What is the mission statement of Salina Presbyterian Manor Endowment Fund?
The Salina Presbyterian Manor Endowment Fund serves as a supporting organization for the Salina Presbyterian Manor. This fund's mission aligns with the primary mission of its parent organization, which is currently being carried out. The main objective of the Salina Presbyterian Manor Endowment Fund is to contribute to capital expenditures that enhance the living conditions of the residents at the Salina Presbyterian Manor. By doing so, the fund aims to support the overall mission of providing care and facilities for its elderly residents.
Who is the CEO of Salina Presbyterian Manor Endowment Fund?
Larry Marshall is the Trustee of Salina Presbyterian Manor Endowment Fund.
What is the revenue of Salina Presbyterian Manor Endowment Fund?
Salina Presbyterian Manor Endowment Fund's revenue in 2023 was $83,135.
Who are the executives of Salina Presbyterian Manor Endowment Fund and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Salina Presbyterian Manor Endowment Fund?
Salina Presbyterian Manor Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Salina Presbyterian Manor Endowment Fund
The Salina Presbyterian Manor Endowment Fund serves as a supporting organization for the Salina Presbyterian Manor. As a continuation of the primary mission of the Salina Presbyterian Manor, which is one of several facilities managed by Presbyterian Manors of Mid-America, Inc., a non-profit corporation, this endowment fund is dedicated to providing capital expenditures that benefit the residents of the Salina Presbyterian Manor. In essence, the Salina Presbyterian Manor Endowment Fund aims to enhance the living conditions and well-being of the residents by investing in necessary improvements and upgrades. By providing financial support for capital projects, the fund ensures that the Salina Presbyterian Manor remains a comfortable and safe environment for its residents.
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Impact
October, 2024
The Salina Presbyterian Manor Endowment Fund plays a crucial role in enhancing the quality of life for residents at Salina Presbyterian Manor. By supporting capital expenditures, the Fund ensures that the facility can provide improved amenities, services, and care, directly benefiting its residents. Its mission is focused on fostering an environment conducive to comfort, safety, and overall well-being, thereby enriching the lives of those who call Salina Presbyterian Manor home. Through strategic financial support, the Endowment Fund helps maintain and elevate the standards of living within the community, ultimately making a positive impact on the residents’ experience.
This information is meant to be a general summary of Salina Presbyterian Manor Endowment Fund. 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: $39,374
- Gross Receipts: $1,563,007
Assets and Liabilities:
- Total Assets: $2,721,859
- Total Liabilities: $0
- Net Assets: $2,721,859
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Organization Details
Founding Year
1982
Phone
(785) 825-1366Principal Officer
Larry Marshall
Main Address
2601 E CRAWFORD ST, SALINA, KS, 67401
NTEE Category
Code: T70Z - Philanthropy
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