Overview
What is Masonic Homes Of Kentucky Inc?
Masonic Homes of Kentucky Inc is a nonprofit organization situated at 330 Masonic Home Drive, Masonic Home, KY 40041. They are dedicated to providing a home for widows and orphans of deceased Masons in Kentucky, while also offering nursing and medical care to certain residents. Their team consists of a skilled workforce comprising registered nurses, licensed practical nurses, nurse assistants, medical aides, and medical records personnel. They provide three levels of care: personal care, nursing care, and skilled care, both within their facility and through mobile health services. Residents receive transportation to external medical facilities when necessary. With a staff of 742 employees, Masonic Homes of Kentucky Inc strives to uphold a warm and caring environment for those in need.
Official website here: www.masonichomesky.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Masonic Homes Of Kentucky Inc has received a Three-Star rating based on an overall score of 81%. This score reflects the organization’s performance in the Accountability & Finance category, where they achieved a full score in various metrics, including having a majority independent board members and a robust conflict of interest policy. The organization demonstrates a commitment to transparency and sound financial practices, underscored by their comprehensive oversight systems.
The nonprofit's program expense ratio stands at nearly 70%, indicating that a significant portion of its funding is directed towards its programs rather than administrative costs. This efficient allocation suggests that Masonic Homes Of Kentucky Inc is actively working to fulfill its mission and effectively serve its community. However, while the financial practices are commendable, the high salaries of key leadership positions may raise questions about resource allocation and financial sustainability.
Overall, Masonic Homes Of Kentucky Inc showcases strong accountability and financial management, making it a relatively reliable organization in the nonprofit sector. Continued focus on balancing leadership compensation with service delivery will be crucial for maintaining donor trust and support in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Homes Of Kentucky Inc legitimate?
Masonic Homes Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Homes Of Kentucky 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: $923,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,575,778
For more financial information, click here
Official website here: www.masonichomesky.org
What is the mission statement of Masonic Homes Of Kentucky Inc?
Masonic Homes of Kentucky Inc is dedicated to providing a home and essential care for the widows and orphans of deceased Mason members in Kentucky. They offer comprehensive healthcare services, including personal, nursing, and skilled care, to their residents. The organization's staff includes a team of registered nurses, licensed practical nurses, nurse assistants, medical aides, and medical records personnel. Masonic Homes of Kentucky also provides mobile healthcare services with three levels of care: personal care, nursing home care, and facility care. Residents are transported to outside medical facilities when necessary.
Official website here: www.masonichomesky.org
Who is the CEO of Masonic Homes Of Kentucky Inc?
Todd Lacy is the President of Masonic Homes Of Kentucky Inc. The CEO's salary of Masonic Homes Of Kentucky Inc is $440,666 and their total compensation is $452,429.
Official website here: www.masonichomesky.org
What is the revenue of Masonic Homes Of Kentucky Inc?
Masonic Homes Of Kentucky Inc's revenue in 2022 was $38,441,432.
Official website here: www.masonichomesky.org
Who are the executives of Masonic Homes Of Kentucky Inc and what are their salaries?
The average compensation at Masonic Homes Of Kentucky Inc during 2022 was $28,975. There are 742 employees at Masonic Homes Of Kentucky Inc.
Here are 28 key members and their salaries (Masonic Homes Of Kentucky Inc's CEO's salary is $440,666 and their total compensation is $452,429):
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- Compensation: $440,666
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- Compensation: $440,666
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- Compensation: $144,751
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- Other: $16,352
Official website here: www.masonichomesky.org
Where can I find the form 990 for Masonic Homes Of Kentucky Inc?
Masonic Homes Of Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masonichomesky.org
Learn more at the official website: www.masonichomesky.org
Mission Statement of Masonic Homes Of Kentucky Inc
Masonic Homes of Kentucky, a renowned non-profit organization, is dedicated to providing a home and essential care for the widows and orphans of deceased Masons in Kentucky. This mission goes beyond merely offering shelter; it encompasses the provision of nursing and medical care for certain residents in need.
The organization's team of healthcare professionals, consisting of registered nurses, licensed practical nurses, nurse assistants, medical aides, and medical records personnel, ensures that residents receive comprehensive health care. This care includes three levels: personal care, nursing care, and skilled care. The healthcare services cater to every aspect of a resident's well-being, addressing their physical, emotional, and social needs.
Masonic Homes of Kentucky also offers mobile healthcare services, which are available in three levels: personal care, nursing home care, and facility care. This flexibility in healthcare delivery enables the organization to cater to residents' varying healthcare needs effectively. When necessary, residents are transported to outside medical facilities for additional medical attention. With a commitment to delivering quality health care, Masonic Homes of Kentucky is a beacon of hope and compassion for those who have lost their loved ones in the Masonic fraternity.
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Impact
October, 2024
Masonic Homes Of Kentucky Inc has a significant impact on the lives of widows and orphans of deceased Masons in Kentucky, as well as on other residents in need of care. It offers a safe and supportive environment, ensuring that vulnerable populations have a place to call home. The organization provides essential health care services, which include personal care, nursing care, and skilled care, tailored to meet the individual needs of residents.
The facility is staffed by a dedicated team of healthcare professionals, including registered nurses, licensed practical nurses, nurse assistants, and medical aides, who work together to deliver comprehensive and compassionate care. Their commitment enhances the quality of life for residents, addressing both medical needs and emotional well-being.
In addition to residential support, Masonic Homes Of Kentucky Inc also facilitates mobile health care services and coordinates transportation to outside medical facilities, ensuring that residents receive timely medical attention when necessary. This holistic approach to care not only aids in physical health but fosters a sense of community and connection among residents, making a profound difference in their daily lives.
This information is meant to be a general summary of Masonic Homes Of Kentucky 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: $919,241
- Program Service Revenue: $35,516,567
- Gross Receipts: $38,517,423
Assets and Liabilities:
- Total Assets: $84,037,735
- Total Liabilities: $69,475,664
- Net Assets: $14,562,071
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER ROOM & BOARD INCOME
Revenue
$18,411,895
MEDICARE AND MEDICAID PAYMENTS
Revenue
$15,509,833
MANAGEMENT FEES
Revenue
$755,015
TENANT SERVICES
Revenue
$733,851
DIALYSYS EQUIPEMENT RENTAL
Revenue
$105,973
Organization Details
Founding Year
1949
Phone
(502) 897-4910Principal Officer
Todd Lacy
Main Address
330 MASONIC HOME DRIVE, MASONIC HOME, KY, 40041
Website
www.masonichomesky.orgNTEE Category
Code: P750 - Human services
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