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Henderson County Health Care Corporation

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

EIN: 610840573 ✦ Henderson, KY ✦ Designated as a 501(c)(3)

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Overview

What is Henderson County Health Care Corporation?

Henderson County Health Care Corporation, doing business as Redbanks, is a nonprofit organization located at 851 Kimsey Lane, Henderson, Kentucky (ZIP code 42420). With a workforce of 280 employees, Redbanks is dedicated to providing nursing services at their 222-bed nursing facility. Their mission is to offer quality care and services, respecting the dignity, independence, and freedom of choice of the individuals they serve, primarily the aged population. Redbanks strives to maintain the highest practicable lifestyle for their clients while upholding these essential values.


Official website here: www.redbanks.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Henderson County Health Care Corporation has earned a solid Three-Star rating from Charity Navigator, indicating a good level of accountability and financial performance. This rating is predominantly based on the organization's strong performance in accountability and finance, scoring 81%. The charity demonstrates effective governance with all board members being independent, and it adheres to best practices like having a conflict of interest policy and a whistleblower policy in place.

The organization excels in financial management, as reflected by an impressive program expense ratio of 87.35%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, it boasts a low liabilities to assets ratio of 5.32%, indicating good financial stability. The presence of comprehensive policies and a transparent governance structure further enhances its credibility.

While the overall rating is positive, it is essential to consider that the score is derived from a single beacon focusing on accountability and finance. This may not provide a complete picture of the organization's overall impact or programmatic effectiveness, suggesting that potential donors should look for additional information about their programs and community outcomes.


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

Is Henderson County Health Care Corporation legitimate?

Henderson County Health Care Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson County Health Care Corporation 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: $247,865
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,175,420

For more financial information, click here


Official website here: www.redbanks.org

What is the mission statement of Henderson County Health Care Corporation?

Redbanks, the healthcare corporation, is dedicated to delivering quality care and services to the elderly community. Their mission extends beyond basic care, as they strive to preserve the dignity, freedom, and independence of each individual. They believe in enabling their residents to maintain the highest practicable lifestyle. Redbanks operates a nursing facility with a capacity of 222 beds, where they provide essential nursing services. Their commitment to individual care goes beyond the physical aspect, as they prioritize the emotional and psychological well-being of their residents. By focusing on person-centered care, they foster a supportive environment where each resident can thrive and feel at home.


Official website here: www.redbanks.org

Who is the CEO of Henderson County Health Care Corporation?

Tim Williams is the Board Member of Henderson County Health Care Corporation.


Official website here: www.redbanks.org

What is the revenue of Henderson County Health Care Corporation?

Henderson County Health Care Corporation's revenue in 2023 was $14,441,397.


Official website here: www.redbanks.org

Who are the executives of Henderson County Health Care Corporation and what are their salaries?

The average compensation at Henderson County Health Care Corporation during 2023 was $26,512. There are 280 employees and 1 volunteer at Henderson County Health Care Corporation.


Here are 7 key members and their salaries:


James Long (Board Member)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Frank Chamberlain (Treasurer)
  • Compensation: $9,300
  • Related: $0
  • Other: $0
Tim Williams (Chairman)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
John Denton (Vice Chairman)
  • Compensation: $5,500
  • Related: $0
  • Other: $0
Maurice Forker (Board Member)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Eric Brown (Secretary)
  • Compensation: $7,500
  • Related: $0
  • Other: $0
Shari Newton (Executive Director)
  • Compensation: $205,052
  • Related: $0
  • Other: $9,302


Official website here: www.redbanks.org

Where can I find the form 990 for Henderson County Health Care Corporation?

Henderson County Health Care Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.redbanks.org

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

Mission Statement of Henderson County Health Care Corporation

Redbanks, Henderson County Health Care Corporation, is dedicated to delivering top-notch care and services to the elderly population in their nursing facility and apartments. Their mission goes beyond just providing essential care; they strive daily to uphold the dignity, freedom of choice, and independence necessary for the highest practical lifestyle for each individual.

At the core of Redbanks' commitment is their 222-bed nursing facility, where they offer nursing services tailored to meet the unique needs of each senior resident. The organization places a strong emphasis on maintaining an individual's autonomy and respecting their personal choices, enabling them to live as independently as possible. With a focus on quality care, Redbanks seeks to create an environment where every resident can thrive and enjoy the highest possible standard of living.

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Impact




October, 2024

Henderson County Health Care Corporation significantly impacts the community by providing essential nursing services and quality care for the elderly in its 222-bed nursing facility and apartments. Located in Henderson, KY, the organization is dedicated to upholding the dignity, freedom of choice, and independence of its residents. Through its focus on personalized care, it enhances the quality of life for individuals, enabling them to maintain the highest practicable lifestyle. By prioritizing these values, the corporation contributes to the overall well-being of the aging population in the region, fostering a supportive and compassionate environment.




This information is meant to be a general summary of Henderson County Health Care Corporation. 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
$14,441,397 (2023)
Expenses
$15,979,723 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $249,241
  • Program Service Revenue: $14,258,181
  • Gross Receipts: $15,114,107

Assets and Liabilities:

  • Total Assets: $20,300,681
  • Total Liabilities: $1,081,820
  • Net Assets: $19,218,861

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Programs

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

NET PATIENT SERVICE REVENUE

Revenue

$14,047,622

Organization Details

Founding Year

1973

Principal Officer

Tim Williams

Main Address

851 KIMSEY LANE, HENDERSON, KY, 424202665

NTEE Category

Code: E21Z - Health

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