Overview
What is The Bishop Memorial Home?
The Bishop Memorial Home, situated in New Bern, NC, serves as a senior continuing care community. Its primary objective is to ensure the upkeep and provision of a comfortable living environment for the elderly. This nonprofit organization is dedicated to maintaining a home that caters to the needs of the aging population, offering them a secure and nurturing space.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Bishop Memorial Home has received a Two-Star rating from Charity Navigator, indicating that while the organization meets some accountability and financial criteria, there are significant areas that require improvement. The overall score reflects a strong performance in areas such as having a fully independent board and maintaining an excellent liabilities to assets ratio.
One of the notable strengths of The Bishop Memorial Home is its commitment to accountability, evidenced by having 100% independent board members and no material diversion of assets. Additionally, the organization has demonstrated efficiency in its program expenses, achieving a program expense ratio of 100%. However, the lack of transparency in several key governance policies and missing documentation on their website are concerning factors that contributed to their lower rating.
Limitations highlighted include the absence of crucial policies such as a conflict of interest policy, a whistleblower policy, and document retention guidelines. Furthermore, the organization's website is missing essential documents, including their tax form, which hampers transparency. Addressing these governance issues could significantly enhance The Bishop Memorial Home's rating and overall public trust.
This AI summary has been generated from information found on Charity Navigator.
Is The Bishop Memorial Home legitimate?
The Bishop Memorial Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bishop Memorial Home 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.
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What is the mission statement of The Bishop Memorial Home?
The Bishop Memorial Home serves as a senior continuing care community, dedicated to the mission of maintaining a comfortable living environment for the elderly. This mission is centered around providing a home-like atmosphere, ensuring the well-being and comfort of its senior residents. The organization strives to create an environment that caters to the needs of its elderly population, offering them a sense of security and care.
Who is the CEO of The Bishop Memorial Home?
John G Dunn Iii is the Director of The Bishop Memorial Home.
What is the revenue of The Bishop Memorial Home?
The Bishop Memorial Home's revenue in 2023 was $158,134.
Who are the executives of The Bishop Memorial Home and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for The Bishop Memorial Home?
The Bishop Memorial Home's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Bishop Memorial Home
The Bishop Memorial Home, a senior continuing care community, is dedicated to providing a nurturing environment for the elderly. Its mission is centered around maintaining a home for those in their golden years, ensuring they live in comfort and care. This nonprofit organization focuses on meeting the needs of the elderly, offering them a place to call home as they age. The Bishop Memorial Home's mission emphasizes the importance of providing a supportive and nurturing environment, ensuring that the elderly population feels valued and cared for.
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Impact
October, 2024
The Bishop Memorial Home significantly enhances the quality of life for the elderly residents in New Bern, NC, by offering a secure and supportive environment tailored to their unique needs. By focusing on the maintenance and care of a home for the aged, it creates a nurturing atmosphere that promotes both physical and emotional well-being. Residents benefit from access to essential services and resources, fostering a sense of community and belonging among seniors. This environment encourages social interaction, combats loneliness, and allows for personalized care, ensuring that each individual feels valued and respected. Overall, The Bishop Memorial Home plays a crucial role in improving the lives of aging individuals, providing them with dignity, care, and a comfortable living space in their later years.
This information is meant to be a general summary of The Bishop Memorial Home. 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: $1,588
- Program Service Revenue: $88,282
- Gross Receipts: $158,134
Assets and Liabilities:
- Total Assets: $773,471
- Total Liabilities: $0
- Net Assets: $773,471
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$88,282
Organization Details
Founding Year
2003
Phone
(252) 671-3353Principal Officer
John G Dunn Iii
Main Address
217 CHANGE ST, NEW BERN, NC, 28560
NTEE Category
Code: P75 - Human services
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