Elderhaus Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581449301 ✦ Wilmington, NC ✦ Designated as a 501(c)(3)

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Overview

What is Elderhaus Inc?

Elderhaus Inc, a nonprofit organization based in Wilmington, North Carolina, is dedicated to providing comprehensive care for the elderly. Specifically, they operate under a program known as PACE (Programs of All-Inclusive Care for the Elderly), which offers medical, social, and supportive services to senior citizens over 55 years old who require nursing home-level care. These services enable elderly individuals to maintain their independence by receiving necessary care within their own homes. Elderhaus Inc is an approved provider for both Medicare and Medicaid, and serves residents from New Hanover and Eastern Brunswick Counties. The organization is affiliated with EveryAge Family, a non-profit ministry based in Newton, NC, offering senior housing and services. With a workforce of 138 employees, Elderhaus Inc is committed to enhancing the quality of life for seniors in their community.


Official website here: www.elderhaus.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 81%, Three-Star out of Four Star Rating**

Elderhaus Inc has achieved a score of 81%, which signifies a solid level of accountability and financial transparency. This rating is derived entirely from its accountability and finance metrics, reflecting strengths in governance with a fully independent board and adherence to several sound financial practices, such as the existence of various policies for conflict of interest and whistleblower protections.

The organization demonstrates commendable program efficiency, allocating over 87% of its expenses directly to its programs. However, it should be noted that the organization has a high liabilities-to-assets ratio, which may raise concerns about its financial sustainability. Additionally, there are no available ratings for impact and measurement, culture and community, or leadership and adaptability.

User reviews from GreatNonprofits could not be fetched, leaving no direct insights from those who have engaged with the organization. Overall, Elderhaus Inc shows a commitment to managing its finances responsibly but may need to enhance its transparency regarding overall impact and community engagement.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Elderhaus Inc?

94% of 11 reviewers on Facebook recommend Elderhaus Inc. Here is a summary of their reviews:

Many users express deep appreciation for the support and care provided by the staff, viewing them as a blessing for both their loved ones and themselves. The dedication of the team has made a significant positive impact on the daily lives of the participants and their families.

Overall, Elderhaus Inc is seen as a valuable resource, delivering compassionate services that meet the needs of older adults and providing peace of mind to their families.


This AI summary has been generated from reviews found on Facebook.

Is Elderhaus Inc legitimate?

Elderhaus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderhaus 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: $115,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,492,427

For more financial information, click here


Official website here: www.elderhaus.com

What is the mission statement of Elderhaus Inc?

Elderhaus Inc, a non-profit organization, is committed to providing services that enable local seniors in New Hanover and Eastern Brunswick counties to maintain their independence at home. As a member of the EveryAge Family, this organization offers care and services approved for participation in Medicare and Medicaid. Elderhaus Inc's mission is to enhance the lives of its participants by offering support that ensures they can age gracefully in their own homes. The organization's mission aims to empower seniors by providing resources and care that foster their independence and well-being.


Official website here: www.elderhaus.com

Who is the CEO of Elderhaus Inc?

Lee B Syria is the Board Chair of Elderhaus Inc. The CEO's salary of Elderhaus Inc is $0 and their total compensation is $442,114.


Official website here: www.elderhaus.com

What is the revenue of Elderhaus Inc?

Elderhaus Inc's revenue in 2022 was $10,835,875.


Official website here: www.elderhaus.com

Who are the executives of Elderhaus Inc and what are their salaries?

The average compensation at Elderhaus Inc during 2022 was $26,142. There are 138 employees and 20 volunteers at Elderhaus Inc.


Here are 24 key members and their salaries (Elderhaus Inc's CEO's salary is $0 and their total compensation is $442,114):


Parker D Howell Iii (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Thie (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenda C Eckard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey S Gilliam (Finance Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy H Wood (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda J Morris (Past Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory M Alcorn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Beard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Bolick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony J Branch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
P Allen Gray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Hamilton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunter March (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelsey Mccleave (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randall L Orwig (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Roden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cory Tobin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius W Abernethy Iv (Advisory Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Fisher (Advisory Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margie Wiley (Advisory Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Richards (Executive Director)
  • Compensation: $110,342
  • Related: $0
  • Other: $0
Lee B Syria (President & Ceo Of Everyage)
  • Compensation: $0
  • Related: $403,114
  • Other: $39,000
John White (Cfo Of Everyage)
  • Compensation: $0
  • Related: $256,451
  • Other: $21,179
Corinna Lee Ter-Antonyan (Nurse Practitioner)
  • Compensation: $112,768
  • Related: $0
  • Other: $0


Official website here: www.elderhaus.com

Where can I find the form 990 for Elderhaus Inc?

Elderhaus Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.elderhaus.com

Learn more at the official website: www.elderhaus.com

Mission Statement of Elderhaus Inc

Elderhaus Inc, a non-profit organization, is dedicated to serving local seniors in New Hanover and Eastern Brunswick counties. Their mission is to provide the necessary services and care that enable these seniors to maintain their independence in their own homes. The organization operates under the guidelines of Medicare and Medicaid, ensuring that they can cater to a wide range of needs. Elderhaus Inc is part of EveryAge Family, a Newton, NC-based, non-profit ministry that offers senior housing and services. This affiliation further enhances their ability to support seniors, providing them with a comprehensive network of resources and care.

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Impact




July, 2024

Elderhaus Inc's impact lies in providing comprehensive medical and psychosocial services to frail elderly individuals in Wilmington, NC, allowing them to remain independent in their own homes. Through their Programs of All-Inclusive Care for the Elderly (PACE), Elderhaus Inc serves residents of New Hanover and Eastern Brunswick counties, ensuring that seniors over 55 years of age who require nursing home level care receive the necessary support. By participating in Medicare and Medicaid programs, Elderhaus Inc plays a vital role in improving the quality of life for the elderly population in the region.




This information is meant to be a general summary of Elderhaus 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.

Revenue
$10,835,875 (2022)
Expenses
$11,837,413 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $452
  • Program Service Revenue: $10,716,085
  • Gross Receipts: $10,838,368

Assets and Liabilities:

  • Total Assets: $1,860,675
  • Total Liabilities: $3,236,207
  • Net Assets: -$1,375,532

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEDICARE

Revenue

$4,844,328

MEDICAID

Revenue

$4,786,377

DAY CARE

Revenue

$714,603

PARTICIPANT FEES

Revenue

$339,437

TRANSPORTATION

Revenue

$31,340

Organization Details

Founding Year

1981

Principal Officer

Lee B Syria

Main Address

1380 NORTH COLLEGE ROAD, WILMINGTON, NC, 28405

NTEE Category

Code: E90 - Health

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