Overview
What is Snyder Nursing Home Inc?
Snyder Nursing Home Inc is a nonprofit organization situated in Salem, Virginia. Their primary focus is providing intermediate nursing home care in a 45-bed facility, serving a significant portion of approximately 76% Medicaid patients. With a dedicated workforce of 113 individuals, they offer essential services to their patients, ensuring their well-being and health. The organization's mission is deeply rooted in the provision of nursing home care, committed to enhancing the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Snyder Nursing Home Inc has earned a Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The organization achieved a high score of 90%, primarily based on its Accountability & Finance metrics, which indicate effective governance and responsible management of resources.
Key strengths include a fully independent board and a solid audit process, which contribute to the organization’s robust financial health. With a program expense ratio of 92.38%, a significant portion of its funding is directed towards its mission, ensuring that most of the resources benefit those it serves.
No notable limitations were reported, as Snyder Nursing Home Inc demonstrates strong practices in areas such as document management and asset oversight. Overall, the organization appears to be well-managed and dedicated to its objectives, making it a reputable choice for support.
This AI summary has been generated from information found on Charity Navigator.
Is Snyder Nursing Home Inc legitimate?
Snyder Nursing Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Snyder Nursing 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: $12,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,789,464
For more financial information, click here
What is the mission statement of Snyder Nursing Home Inc?
Snyder Nursing Home Inc is committed to providing intermediate nursing home care in a 45-bed facility. The majority of their patients, approximately 76%, are covered by Medicaid. This nursing home organization's primary focus is on delivering quality care to its Medicaid patients. The corporation's mission can be interpreted as prioritizing access to healthcare services for those who require intermediate nursing home care and rely on Medicaid for coverage. While the information provided does not specify any additional objectives or values, it suggests a commitment to providing affordable and accessible nursing home care for a significant portion of their patient population.
Who is the CEO of Snyder Nursing Home Inc?
Charles B Phillips is the Sec/Treasure of Snyder Nursing Home Inc.
What is the revenue of Snyder Nursing Home Inc?
Snyder Nursing Home Inc's revenue in 2023 was $4,208,256.
Who are the executives of Snyder Nursing Home Inc and what are their salaries?
The average compensation at Snyder Nursing Home Inc during 2023 was $24,797. There are 113 employees and 75 volunteers at Snyder Nursing Home Inc.
Here are 3 key members and their salaries:
- Compensation: $4,200
- Related: $2,370
- Other: $0
- Compensation: $4,200
- Related: $2,370
- Other: $0
- Compensation: $4,200
- Related: $2,370
- Other: $0
Where can I find the form 990 for Snyder Nursing Home Inc?
Snyder Nursing Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Snyder Nursing Home Inc
Snyder Nursing Home Inc is dedicated to providing intermediate nursing home care in a 45-bed facility. The majority of its patient population, approximately 76%, relies on Medicaid for their healthcare needs. The organization's mission is centered around providing this essential care, catering to a significant number of individuals who rely on this government-funded health insurance program.
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Impact
July, 2024
Snyder Nursing Home Inc has a significant impact on providing intermediate nursing home care to the community in Salem, VA. Operating in a 45-bed facility, the organization serves approximately 76% Medicaid patients. By offering essential care and support services to those in need, Snyder Nursing Home Inc plays a crucial role in supporting the health and well-being of vulnerable individuals in the area. Its commitment to serving a majority of Medicaid patients highlights its dedication to providing quality care regardless of financial circumstances. Through its presence and services, Snyder Nursing Home Inc positively impacts the lives of residents and contributes to the broader healthcare ecosystem in Salem.
This information is meant to be a general summary of Snyder Nursing 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: $96,791
- Program Service Revenue: $3,914,053
- Gross Receipts: $4,980,712
Assets and Liabilities:
- Total Assets: $4,910,289
- Total Liabilities: $263,576
- Net Assets: $4,646,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CHARGES
Revenue
$3,908,527
MEAL INCOME
Revenue
$5,526
Organization Details
Founding Year
1982
Phone
(540) 389-0160Principal Officer
Charles B Phillips
Main Address
11 NORTH BROAD STREET, SALEM, VA, 24153
NTEE Category
Code: E91Z - Health
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