Overview
What is Love And Care Inc?
Love and Care Inc, situated in Parkersburg, West Virginia, is a nonprofit organization that specializes in offering residential custodial care. They operate within a group home setting, providing essential support to their clients. Last year, they reported a total revenue of $606,491, demonstrating their financial sustainability and commitment to their mission. While the specific services they offer aren't explicitly stated in the information, their description as a "personal care home" suggests that they likely focus on providing daily living assistance and care to individuals in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 71%)
Love And Care Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization has a high score for having a fully independent board and no material diversion of assets, it falls short in several critical areas such as financial transparency. The absence of financial statements and missing policies related to conflict of interest and whistleblowing contribute to its lower score.
Despite these shortcomings, Love And Care Inc demonstrates a commitment to its mission, as evidenced by a program expense ratio of 100%, meaning that all its expenses are directed towards programs rather than administrative costs. This efficiency in program spending is a positive aspect of its operational profile. Additionally, the organization has good governance practices, with thorough documentation of board meetings.
However, the lack of important documentation, including its tax form on the website and essential policies, raises concerns about its transparency and potential governance issues. Addressing these limitations could significantly improve its rating and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Love And Care Inc legitimate?
Love And Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Love And Care 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: $410,150
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What is the mission statement of Love And Care Inc?
Love and Care Inc, as an organization, is dedicated to providing residential custodial care in a group home setting. Their primary focus is on ensuring the well-being of their residents, offering them a living space where they can receive round-the-clock care. Although the specific objectives or long-term goals of Love and Care Inc are not explicitly stated in the provided information, it can be inferred that their mission is centered around providing a safe, nurturing environment and high-quality care to those in need. Last year, they reported a total revenue of $606,491, indicating a solid financial foundation to support their operations.
Who is the CEO of Love And Care Inc?
Paul Saunders is the Member of Love And Care Inc.
What is the revenue of Love And Care Inc?
Love And Care Inc's revenue in 2022 was $578,976.
Who are the executives of Love And Care Inc and what are their salaries?
The average compensation at Love And Care Inc during 2022 was $13,231. There are 31 employees at Love And Care Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Love And Care Inc?
Love And Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Love And Care Inc
Love and Care Inc, as a personal care home, is dedicated to providing residential custodial care in a group home setting. Their mission is centered around offering a supportive living environment for individuals in need, ensuring their basic needs are met with care and respect. With a focus on custodial care, Love and Care Inc aims to provide a sense of community and security for its residents, fostering an environment that promotes overall well-being. The organization's operations are not specified in the provided information, but it is clear that Love and Care Inc is committed to delivering quality care and support to its residents.
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Impact
July, 2024
Love And Care Inc, based in Parkersburg, WV, has a significant impact on the community by providing essential residential custodial care in a group home setting. Their mission to offer care and support to those in need reflects their commitment to improving the well-being of individuals in their care. Last year, Love And Care Inc generated a total revenue of $606,491, showcasing their dedication to sustaining their services and making a positive impact on their community. Through their human services focus, Love And Care Inc is able to make a difference in the lives of those they serve, creating a caring and supportive environment for those in need.
This information is meant to be a general summary of Love And Care 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 2022.
- Investment Income: $23,597
- Program Service Revenue: $459,048
- Gross Receipts: $596,975
Assets and Liabilities:
- Total Assets: $388,310
- Total Liabilities: $34,218
- Net Assets: $354,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$459,048
Organization Details
Founding Year
1982
Phone
(304) 863-8950Principal Officer
Paul Saunders
Main Address
PO BOX 1512, PARKERSBURG, WV, 26101
NTEE Category
Code: P70 - Human services
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