Overview
What is Virginia Mennonite Home Inc?
Virginia Mennonite Home Inc, based in Harrisonburg, Virginia, is a nonprofit organization that provides nursing home services in a 120-bed facility. Their mission is to create a vibrant, authentic community where individuals can age well. With a team of 386 employees, they aim to offer more than just a place for elderly care. Virginia Mennonite Home Inc strives to be a destination hub for those seeking a rich and fulfilling living experience as they age.
Official website here: www.vmrc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Virginia Mennonite Home Inc has received an overall rating of 83%, which reflects a strong performance particularly in the Accountability & Finance category. This rating indicates that the organization maintains good practices in financial oversight and governance. Key strengths include having an entirely independent board and robust financial policies, such as a whistleblower policy and conflict of interest policy, which are all well-documented and adhered to.
The organization excels in transparency, with no reported material diversion of assets and comprehensive audit practices that contribute to its solid financial standing. With a high program expense ratio of 83.20%, it demonstrates a commitment to directing a significant portion of its resources towards its programs and services rather than administrative costs.
However, the liabilities to assets ratio at 66.84% suggests that the organization has a considerable level of liabilities in relation to its assets, which may raise concerns regarding financial stability in the long term. Overall, while Virginia Mennonite Home Inc shows impressive accountability, potential donors may want to consider this aspect of its financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Mennonite Home Inc legitimate?
Virginia Mennonite Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Mennonite 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: $8,915,594
For more financial information, click here
Official website here: www.vmrc.org
What is the mission statement of Virginia Mennonite Home Inc?
Virginia Mennonite Home Inc aims to serve as a vibrant and authentic community destination for individuals seeking to age well. Their mission is to provide an environment conducive to aging gracefully, offering essential services for this purpose. In this role, they offer nursing home services in a 120-bed facility. The organization's objective is to create an engaging and supportive atmosphere, fostering well-being and overall quality of life for its residents. Their commitment to fostering a vibrant community allows them to cater to the unique needs of those wanting to age with dignity and comfort.
Official website here: www.vmrc.org
Who is the CEO of Virginia Mennonite Home Inc?
J David Yoder is the Interim Ceo of Virginia Mennonite Home Inc. The CEO's salary of Virginia Mennonite Home Inc is $0 and their total compensation is $0.
Official website here: www.vmrc.org
What is the revenue of Virginia Mennonite Home Inc?
Virginia Mennonite Home Inc's revenue in 2023 was $19,989,658.
Official website here: www.vmrc.org
Who are the executives of Virginia Mennonite Home Inc and what are their salaries?
The average compensation at Virginia Mennonite Home Inc during 2023 was $23,097. There are 386 employees and 75 volunteers at Virginia Mennonite Home Inc.
Here are 10 key members and their salaries (Virginia Mennonite Home Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $253,817
- Other: $20,042
- Compensation: $0
- Related: $168,784
- Other: $29,033
- Compensation: $139,395
- Related: $0
- Other: $0
- Compensation: $121,222
- Related: $0
- Other: $0
- Compensation: $108,560
- Related: $0
- Other: $0
- Compensation: $104,417
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vmrc.org
Where can I find the form 990 for Virginia Mennonite Home Inc?
Virginia Mennonite Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vmrc.org
Learn more at the official website: www.vmrc.org
Mission Statement of Virginia Mennonite Home Inc
Virginia Mennonite Home Inc, a renowned nonprofit organization, is dedicated to being a destination hub for individuals seeking to age well in a vibrant, authentic community. In simple terms, the mission of this esteemed institution is to provide an environment conducive to aging gracefully, surrounded by a community that values authenticity and vitality.
At the heart of Virginia Mennonite Home Inc's offerings is a 120-bed nursing home facility. This facility is designed to cater to the unique needs of seniors as they navigate the challenges of aging. Beyond the basic provision of nursing services, the organization strives to create an environment that goes beyond mere care, fostering a sense of belonging and community for its residents. By prioritizing authenticity and vitality, Virginia Mennonite Home Inc sets itself apart from typical nursing homes, offering its residents a richer and more fulfilling experience as they age.
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Impact
October, 2024
Virginia Mennonite Home Inc serves as a vital destination hub for individuals seeking to age well within a vibrant and authentic community. The facility offers nursing home services in a 120-bed environment, ensuring that residents receive the care and support they need while enjoying a fulfilling lifestyle. By fostering a sense of community and belonging, it enhances the well-being of its residents, promoting both physical and emotional health. The organization actively creates an enriching atmosphere where individuals can thrive, connect with others, and maintain their dignity as they navigate the aging process.
This information is meant to be a general summary of Virginia Mennonite 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15
- Program Service Revenue: $19,522,593
- Gross Receipts: $19,989,658
Assets and Liabilities:
- Total Assets: $28,658,703
- Total Liabilities: $19,157,243
- Net Assets: $9,501,460
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING HOME SERVICES
Revenue
$12,388,683
ASSISTED LIVING SERVICES
Revenue
$5,846,240
WELLNESS CENTER
Revenue
$1,287,670
Organization Details
Founding Year
1955
Phone
(540) 438-4225Principal Officer
J David Yoder
Main Address
1501 VIRGINIA AVE, HARRISONBURG, VA, 22802
Website
www.vmrc.orgNTEE Category
Code: E910 - Health
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