Overview
What is Pine Forest Rest Inc?
Pine Forest Rest Inc is a nonprofit organization that specializes in providing a residential living space and supportive care for 23 elderly individuals. Their primary mission is to offer a home-like environment, including supervision and meals, for this group. The facility operates on a fee-based system, with residents bearing the costs of their stay.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating suggests that while Pine Forest Rest Inc demonstrates a level of accountability and financial health, there are areas where the organization may not fully meet the highest standards set by Charity Navigator.
The organization showcases strong governance practices with 100% of its board members being independent, and it effectively documents board meeting minutes. Additionally, it maintains a healthy liabilities to assets ratio of 10.02%, indicating sound financial management. A high program expense ratio of 84.67% reflects a commitment to utilizing funds directly for its mission.
However, the overall rating of 67% implies potential concerns regarding its effectiveness or transparency compared to higher-rated organizations. While the organization has strong points in governance and financial ratios, stakeholders may want to consider these factors when evaluating its overall impact and performance.
This AI summary has been generated from information found on Charity Navigator.
Is Pine Forest Rest Inc legitimate?
Pine Forest Rest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pine Forest Rest 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: $369,258
For more financial information, click here
What is the mission statement of Pine Forest Rest Inc?
Pine Forest Rest Inc, as a organization, is committed to providing a home for the elderly. It offers comprehensive care, including supervision and meals, to 23 individuals residing at the facility. The operation of the facility is primarily funded through the fees charged to its residents. In essence, Pine Forest Rest Inc's mission is to create an environment where the elderly can reside comfortably, receiving necessary care and support.
Who is the CEO of Pine Forest Rest Inc?
Albert Vann is the Director of Pine Forest Rest Inc.
What is the revenue of Pine Forest Rest Inc?
Pine Forest Rest Inc's revenue in 2023 was $569,462.
Who are the executives of Pine Forest Rest Inc and what are their salaries?
The average compensation at Pine Forest Rest Inc during 2023 was $16,055. There are 23 employees and 12 volunteers at Pine Forest Rest Inc.
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Where can I find the form 990 for Pine Forest Rest Inc?
Pine Forest Rest Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Pine Forest Rest Inc
Pine Forest Rest Inc, as a nonprofit organization, is dedicated to providing a home and essential care for the elderly. This establishment offers a sanctuary for 23 individuals, ensuring they receive supervision and nutritious meals on a daily basis. The organization operates on a fee-based system, with the residents being its primary source of financing.
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Impact
July, 2024
Pine Forest Rest Inc provides a valuable service by offering a home for the aged along with supervisory care and meals to 23 individuals in Woodland, NC. Their impact can be seen in the support and comfort they provide to elderly residents who may not have alternative living arrangements. Additionally, Pine Forest Rest Inc contributes to the local community by creating a safe and nurturing environment for older individuals in need of care and assistance.
This information is meant to be a general summary of Pine Forest Rest 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: $1,525
- Program Service Revenue: $468,518
- Gross Receipts: $569,462
Assets and Liabilities:
- Total Assets: $244,297
- Total Liabilities: $24,496
- Net Assets: $219,801
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM & BOARD
Revenue
$468,518
Organization Details
Founding Year
1952
Phone
(252) 587-1591Principal Officer
Albert Vann
Main Address
3277 NC HIGHWAY 35, WOODLAND, NC, 27897
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