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Nu-Hope Elder Care Services Inc

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

EIN: 591649814 ✦ Sebring, FL ✦ Designated as a 501(c)(3)

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Overview

What is Nu-Hope Elder Care Services Inc?

Nu-Hope Elder Care Services Inc, located in Sebring, Florida, is a nonprofit organization dedicated to enhancing the overall well-being of senior citizens and their caregivers in Highlands and Hardee Counties. They achieve this mission by providing nutritionally sound meals to eligible individuals, with a focus on those in economic and social need, low-income minorities, and those at nutritional risk. In 2022, they delivered a total of 86,123 frozen meals. The organization's activities and mission extend beyond just food, aiming to promote the physical, emotional, and economic welfare of seniors in these counties. With a workforce of 51 employees, Nu-Hope Elder Care Services Inc is committed to making a positive impact on the lives of the elderly in their community.


Official website here: www.nuhopeeldercare.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%

Nu-Hope Elder Care Services Inc has received a Four-Star out of Four Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored 92% overall, reflecting commitment to transparency and effective management practices. Notably, it has a fully independent board of directors and receives top marks for its financial oversight, suggesting sound governance.

One of the strengths of Nu-Hope is its high program expense ratio of 68.75%, which indicates that a substantial portion of its resources is directed towards its mission of supporting elder care. Additionally, the organization demonstrates excellent fundraising efficiency, with a cost of only $0.13 to raise a dollar, enhancing its financial sustainability.

However, there are some areas for improvement, particularly in the liabilities to assets ratio, which stands at 42.78%. This figure suggests that while the organization is managing its liabilities, it could benefit from strategies to further strengthen its financial position. Overall, Nu-Hope Elder Care Services Inc is well-regarded for its fiscal responsibility and commitment to serving the elderly community.


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

Is Nu-Hope Elder Care Services Inc legitimate?

Nu-Hope Elder Care Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nu-Hope Elder Care Services 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: $131,194
Professional Fundraising Fees: $0
Other Salaries and Wages: $926,989

For more financial information, click here


Official website here: www.nuhopeeldercare.org

What is the mission statement of Nu-Hope Elder Care Services Inc?

Nu-Hope Elder Care Services Inc's mission is centered around improving the overall well-being of seniors and their caregivers. They achieve this through various initiatives, including leadership, advocacy, education, and service provision. Their goal is to promote the physical, emotional, and economic well-being of the elderly population in an unspecified location. The organization carries out this mission by providing nutritionally sound meals to those in need, prioritizing elders with economic and social challenges, low-income minorities, and individuals at nutritional risk. In 2022, they supplied 86,123 frozen home-delivered meals to meet this need.


Official website here: www.nuhopeeldercare.org

Who is the CEO of Nu-Hope Elder Care Services Inc?

Debra Slade is the Board President of Nu-Hope Elder Care Services Inc.


Official website here: www.nuhopeeldercare.org

What is the revenue of Nu-Hope Elder Care Services Inc?

Nu-Hope Elder Care Services Inc's revenue in 2022 was $2,921,488.


Official website here: www.nuhopeeldercare.org

Who are the executives of Nu-Hope Elder Care Services Inc and what are their salaries?

The average compensation at Nu-Hope Elder Care Services Inc during 2022 was $20,749. There are 51 employees and 313 volunteers at Nu-Hope Elder Care Services Inc.


Here are 13 key members and their salaries:


Shawn Martz (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Heintz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nell Frewin Hays (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ww Cornell (Board Member Until 10/1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Dannels (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Delatore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawana Duncan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorrie Key (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Layne (Board Member Until 10/1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miranda Mack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Marshall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Slade (Executive Director)
  • Compensation: $65,847
  • Related: $0
  • Other: $1,244
Brad Stoll (Fiscal Director)
  • Compensation: $51,503
  • Related: $0
  • Other: $12,600


Official website here: www.nuhopeeldercare.org

Where can I find the form 990 for Nu-Hope Elder Care Services Inc?

Nu-Hope Elder Care Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nuhopeeldercare.org

Learn more at the official website: www.nuhopeeldercare.org

Mission Statement of Nu-Hope Elder Care Services Inc

Nu-Hope Elder Care Services Inc is committed to enhancing the physical, emotional, and economic well-being of seniors in unspecified locations, with a focus on Highlands and Hardee Counties. The organization achieves this mission through various strategies, including leadership, advocacy, education, and the provision of services. Nu-Home's mission is to elevate the quality of life for seniors and their caregivers, ensuring they receive the support they need to thrive.

One of Nu-Hope's primary initiatives is the provision of nutritionally-sound home-delivered meals. This service is particularly beneficial for elders who are economically and socially disadvantaged, as well as low-income minorities and those at nutritional risk. In 2022 alone, the organization distributed 86,123 frozen home-delivered meals, demonstrating its commitment to addressing the unique needs of its intended beneficiaries.

In summary, Nu-Hope Elder Care Services Inc is a dedicated organization that works tirelessly to improve the well-being of seniors and their caregivers in specific regions. By leveraging leadership, advocacy, education, and service provision, the organization aims to create an environment where seniors can live with dignity, security, and peace of mind.

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Impact




July, 2024

Nu-Hope Elder Care Services Inc's impact lies in promoting the physical, emotional, and economic well-being of seniors in Highlands and Hardee Counties through various services and programs. One significant initiative is the provision of home-delivered meals to eligible individuals, particularly focusing on serving elders who are at greatest economic and social need, low-income minorities, and those at nutritional risk. In 2022 alone, the organization delivered a total of 86,123 frozen meals to those in need.

This dedicated focus on ensuring that vulnerable seniors have access to nutritious meals not only addresses their basic needs but also contributes to their overall health and well-being. By providing this vital support, Nu-Hope Elder Care Services Inc plays a crucial role in supporting the elderly population in the community and enhancing their quality of life.




This information is meant to be a general summary of Nu-Hope Elder Care Services 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
$2,921,488 (2022)
Expenses
$2,903,425 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$23,153
  • Program Service Revenue: $25,113
  • Gross Receipts: $3,780,105

Assets and Liabilities:

  • Total Assets: $2,704,025
  • Total Liabilities: $1,156,986
  • Net Assets: $1,547,039

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Programs

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

CO-PAY REVENUE

Revenue

$22,731

SERVICE FEES

Revenue

$2,382

Organization Details

Founding Year

1975

Principal Officer

Debra Slade

Main Address

3530 OFFICE PARK ROAD, SEBRING, FL, 33870

NTEE Category

Code: P81Z - Human services

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