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Elderserve Inc

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

EIN: 616024140 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is Elderserve Inc?

Elderserve Inc, a nonprofit organization situated in Louisville/Jefferson County, is committed to helping older adults maintain their independence with dignity. Their mission involves offering various services that promote self-reliance and respect for older adults in the community. The organization's activities are geared towards empowering seniors to live comfortably and independently in their own environment.


Official website here: www.elderserveinc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 72%)

Elderserve Inc has received a Two-Star rating from Charity Navigator, indicating that it is a charity that needs improvement in its operations. The organization has a respectable Accountability & Finance score of 72%, with notable strengths in governance, including a fully independent board and a robust conflict of interest policy. The charity also exhibits good practices in documenting board meeting minutes and has policies in place for whistleblowing and document retention.

Despite these strengths, Elderserve Inc faces challenges in transparency, primarily due to the absence of financial statements, which has significantly impacted its overall score. The program expense ratio is moderately high at 64.44%, suggesting that while the organization is dedicating a substantial portion of its budget to programs, there is still room for improvement in financial reporting and transparency to bolster its credibility among donors and stakeholders.


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

Is Elderserve Inc legitimate?

Elderserve Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elderserve 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: $101,813
Professional Fundraising Fees: $0
Other Salaries and Wages: $350,013

For more financial information, click here


Official website here: www.elderserveinc.org

What is the mission statement of Elderserve Inc?

Elderserve Inc's mission is centered around empowering older adults to maintain their independence and live with dignity. The organization provides essential services to facilitate this, operating beyond just Louisville/Jefferson County. By offering these services, Elderserve Inc aims to enhance the quality of life for older adults, ensuring they can continue to live with respect and autonomy. The organization's work encompasses various aspects to support older adults, including but not limited to, providing resources and assistance that enable them to manage their daily lives independently.


Official website here: www.elderserveinc.org

Who is the CEO of Elderserve Inc?

Timothy Findley is the Ceo of Elderserve Inc. The CEO's salary of Elderserve Inc is $99,000 and their total compensation is $99,000.


Official website here: www.elderserveinc.org

What is the revenue of Elderserve Inc?

Elderserve Inc's revenue in 2022 was $941,391.


Official website here: www.elderserveinc.org

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

The average compensation at Elderserve Inc during 2022 was $17,378. There are 26 employees and 15 volunteers at Elderserve Inc.


Here are 19 key members and their salaries (Elderserve Inc's CEO's salary is $99,000 and their total compensation is $99,000):


Patty Belden (Ceo)
  • Compensation: $99,000
  • Related: $0
  • Other: $0
Steve Schulz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paticia Mcgillan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Schrenger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Meredith (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cara Lococo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Kipper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frazier Curry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Emerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Paulin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Vance (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Chlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Gaughan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lydia Shina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Romelfanger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Cronan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Fenton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elderserveinc.org

Where can I find the form 990 for Elderserve Inc?

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


Official website here: www.elderserveinc.org

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

Mission Statement of Elderserve Inc

Elderserve Inc, a nonprofit organization, is dedicated to empowering older adults in their quest for independence and maintaining their dignity. The mission of Elderserve Inc is to provide essential services that enable older adults in Louisville/Jefferson County to live with dignity and independence. Through its offerings, Elderserve Inc aims to support older adults in managing their daily lives and maintaining their autonomy, thereby enhancing their quality of life.

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Impact




July, 2024

Elderserve Inc empowers older adults to live independently with dignity in Louisville/Jefferson County. Through their services, they enable older individuals to maintain their independence and well-being, enhancing their quality of life. By providing essential support and care, Elderserve Inc positively impacts the lives of older adults in the community, promoting their dignity and autonomy.




This information is meant to be a general summary of Elderserve 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
$941,391 (2022)
Expenses
$1,126,317 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $835
  • Program Service Revenue: $5,289
  • Gross Receipts: $941,391

Assets and Liabilities:

  • Total Assets: $1,376,544
  • Total Liabilities: $492,263
  • Net Assets: $884,281

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Programs

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

Social Services

Revenue

$5,289

Organization Details

Founding Year

1962

Principal Officer

Timothy Findley

Main Address

631 South 28th Street, Louisville, KY, 40211

NTEE Category

Code: P80M - Human services

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