Overview
What is Presbyterian Homes And Services Of Kentucky Inc?
Presbyterian Homes and Services of Kentucky Inc, based in Louisville, Kentucky, is a nonprofit organization dedicated to compassionate care and superior service for the aging population and others. With a mission answered through the creation of caring communities, PHSK aims to uphold the dignity of its residents while fostering the highest level of independence. The organization, which operates nursing facilities, assisted-living facilities, and retirement apartments, offers compassionate medical care alongside spiritual and emotional support services. In total, PHSK manages 172 nursing beds, 49 assisted-living apartments, and 74 personal care beds, catering to a diverse population. Financial support is extended to residents whose resources have been exhausted, ensuring no one is asked to leave due to lack of financial means. The organization employs a workforce of 383 individuals.
Official website here: www.phsk.org
What are the reviews and ratings of this charity?
88% rating from Charity Navigator indicates that Presbyterian Homes and Services of Kentucky Inc has a strong overall performance, achieving a Three-Star out of Four Star rating. This score reflects a solid commitment to accountability and finance, with a perfect score in several key governance areas, including independent board member composition and the presence of essential policies.
The organization demonstrates robust financial oversight, as evidenced by their audit practices and lack of material diversion of assets. With a high program expense ratio of 77.37%, it is clear that the majority of their funds are directed towards their programs, which is a positive indicator for potential donors. Additionally, the charity adheres to best practices regarding conflict of interest and whistleblower policies.
However, the liability to assets ratio of 60.01% suggests some financial risk, as it indicates a significant level of liabilities compared to their assets. While the organization shows strength in governance and program spending, prospective supporters might consider this ratio when assessing overall financial health. Overall, the charity appears to be well-managed, with a focus on transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes And Services Of Kentucky Inc legitimate?
Presbyterian Homes And Services Of Kentucky Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes And Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,827,748
For more financial information, click here
Official website here: www.phsk.org
What is the mission statement of Presbyterian Homes And Services Of Kentucky Inc?
Presbyterian Homes and Services of Kentucky Inc is dedicated to answering God's call to provide compassionate care and superior service to all, focusing on the aging population. The organization strives to encourage dignity and independence while responding to changing needs as individuals age. Through its facilities, Presbyterian Homes offers compassionate medical care, spiritual and emotional support, and financial assistance for residents whose resources have been exhausted. The organization manages nursing homes, assisted-living facilities, and retirement apartments, providing 65,740 days of patient care per year. Its mission is to promote the health and welfare of each person, creating an environment that supports the highest possible level of independence.
Official website here: www.phsk.org
Who is the CEO of Presbyterian Homes And Services Of Kentucky Inc?
Harriet Wagner is the Trustee of Presbyterian Homes And Services Of Kentucky Inc. The CEO's salary of Presbyterian Homes And Services Of Kentucky Inc is $209,748 and their total compensation is $211,742.
Official website here: www.phsk.org
What is the revenue of Presbyterian Homes And Services Of Kentucky Inc?
Presbyterian Homes And Services Of Kentucky Inc's revenue in 2022 was $20,905,991.
Official website here: www.phsk.org
Who are the executives of Presbyterian Homes And Services Of Kentucky Inc and what are their salaries?
The average compensation at Presbyterian Homes And Services Of Kentucky Inc during 2022 was $20,438. There are 383 employees at Presbyterian Homes And Services Of Kentucky Inc.
Here are 16 key members and their salaries (Presbyterian Homes And Services Of Kentucky Inc's CEO's salary is $209,748 and their total compensation is $211,742):
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- Compensation: $209,748
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- Other: $1,994
- Compensation: $152,886
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- Other: $1,334
- Compensation: $119,435
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- Other: $1,445
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- Compensation: $120,000
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- Compensation: $122,549
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- Other: $92
Official website here: www.phsk.org
Where can I find the form 990 for Presbyterian Homes And Services Of Kentucky Inc?
Presbyterian Homes And Services Of Kentucky Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.phsk.org
Learn more at the official website: www.phsk.org
Mission Statement of Presbyterian Homes And Services Of Kentucky Inc
Presbyterian Homes and Services of Kentucky Inc, a compassionate organization, answers God's call to provide life care for the aging and others. Dedicated to giving compassionate care and superior service, Presbyterian Homes creates environments that encourage dignity and the highest level of independence for all it serves.
The nonprofit organization, known for its commitment to responding to changing needs as residents age, offers compassionate medical care alongside spiritual and emotional support services. This holistic approach seeks to promote the health and welfare of each person associated with Presbyterian Homes. In times of financial hardship, the organization extends financial support to residents whose resources have been exhausted, ensuring no resident is asked to leave due to lack of financial resources, thanks to the Benevolent Care Fund.
Presbyterian Homes and Services of Kentucky Inc is not just about managing nursing facilities, assisted-living facilities, and retirement apartments. It has 172 nursing beds, 49 assisted-living apartments, and 74 personal care beds, making it a comprehensive care provider within the aging services sector. The organization's dedication to its mission is reflected in the 65,740 days of patient care it has provided to nursing home residents.
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Impact
October, 2024
Presbyterian Homes and Services of Kentucky Inc. profoundly impacts the lives of aging individuals and their families by providing compassionate care and superior service tailored to meet the diverse needs of its residents. Through the establishment of supportive communities, PHSK encourages residents to maintain their dignity and independence while adapting to the changes that come with aging.
Their model of care emphasizes not only medical support but also spiritual and emotional well-being, promoting an overall quality of life for each individual. The organization operates 172 nursing beds, 49 assisted-living apartments, and 74 personal care beds, ensuring a range of options to accommodate varying levels of care.
One notable aspect of PHSK’s work is their commitment to inclusivity and support for residents facing financial hardships. Through the Benevolent Care Fund, they ensure that no resident is forced to leave due to financial constraints, allowing them to age in place with security and dignity. In 2023 alone, PHSK provided an impressive 65,740 days of patient care, highlighting their vital role in the community and their dedication to the health and welfare of those they serve.
This information is meant to be a general summary of Presbyterian Homes And Services 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: $1,071
- Program Service Revenue: $13,770,809
- Gross Receipts: $20,905,991
Assets and Liabilities:
- Total Assets: $22,975,436
- Total Liabilities: $13,788,803
- Net Assets: $9,186,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING FACILITY INCOME
Revenue
$10,283,201
PERSONAL CARE SERVICES
Revenue
$2,132,708
ANCILLARY INCOME
Revenue
$845,830
INDEPENDENT LIVING
Revenue
$458,651
Organization Details
Founding Year
1985
Phone
(502) 259-9101Principal Officer
Harriet Wagner
Main Address
2116 BUECHEL BANK ROAD, LOUISVILLE, KY, 40218
Website
www.phsk.orgNTEE Category
Code: P75Z - Human services
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