Hearthside Inc

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

EIN: 621319490 ✦ Lebanon, TN ✦ Designated as a 501(c)(3)

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Overview

What is Hearthside Inc?

Hearthside Inc, located at 215 Castle Heights Avenue North, Lebanon, Tennessee 37087, is a nonprofit organization committed to serving the elderly population. With a workforce of 33 individuals, their primary mission is to provide assisted living and housing solutions, aiming to enhance the quality of life for the elderly. The organization's activities and mission revolve around offering support and accommodation, ensuring the elderly have a safe and comfortable environment to reside in.


Official website here: www.hearthsideliving.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69%, Two-Star out of Four Star rating. This rating indicates that Hearthside Inc has some strengths in accountability and finance but also significant areas for improvement. The overall score is primarily derived from the accountability and finance beacon, which reflects the organization’s governance and financial health.

One of the notable strengths of Hearthside Inc is its fully independent board, which comprises 100% independent members, showcasing strong governance practices. Additionally, the organization has well-documented policies, including conflict of interest and whistleblower policies, which contribute to transparency and ethical management. The liabilities to assets ratio is also commendable, indicating a relatively manageable level of debt.

However, the organization suffers from a lack of financial statements, which has significantly impacted its score in the program expense ratio category. With only 60.55% of its expenses going towards programs, this raises concerns about its efficiency in utilizing funds for its mission. Improving financial transparency and enhancing program expenditure may help to bolster its rating in the future.


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

What do the Facebook reviews say about Hearthside Inc?

Currently, Hearthside Inc has 4 reviews on Facebook, but it has not yet received an overall rating. Here's what users have shared:

Reviewers appreciate the organization's strong Christian values and highlight the excellent meals provided to residents. Additionally, personal care is frequently mentioned as being good, indicating that the staff is attentive and supportive of those in their care.

Overall, the sentiments expressed suggest that Hearthside Inc delivers a commendable level of service, focused on both spiritual and physical needs, which resonates well with those who have experienced it.


This AI summary has been generated from reviews found on Facebook.

Is Hearthside Inc legitimate?

Hearthside Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hearthside 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: $178,909
Professional Fundraising Fees: $0
Other Salaries and Wages: $558,391

For more financial information, click here


Official website here: www.hearthsideliving.com

What is the mission statement of Hearthside Inc?

Hearthside Inc, as an organization, is committed to providing assisted living and housing solutions for the elderly. Their primary mission is to ensure the elderly have a comfortable living environment while receiving necessary assistance. They strive to enhance the quality of life for the elderly by offering supportive housing solutions. By offering such services, Hearthside Inc aims to provide a sense of security, independence, and community for the elderly, allowing them to age gracefully with dignity. Their activities are centered around facilitating a nurturing environment that caters to the unique needs of the elderly population.


Official website here: www.hearthsideliving.com

Who is the CEO of Hearthside Inc?

George Chatfield is the President of Hearthside Inc.


Official website here: www.hearthsideliving.com

What is the revenue of Hearthside Inc?

Hearthside Inc's revenue in 2022 was $1,779,482.


Official website here: www.hearthsideliving.com

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

The average compensation at Hearthside Inc during 2022 was $22,342. There are 33 employees and 5 volunteers at Hearthside Inc.


Here are 12 key members and their salaries:


Christopher Dozier (Key Employee)
  • Compensation: $128,741
  • Related: $0
  • Other: $0
Sarah Johnston (Key Employee)
  • Compensation: $50,168
  • Related: $0
  • Other: $0
Susie James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Sprouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curry Dudley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Locke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travenia Holden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Galbreath (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Vantrease (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Chatfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Morris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hearthsideliving.com

Where can I find the form 990 for Hearthside Inc?

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


Official website here: www.hearthsideliving.com

Learn more at the official website: www.hearthsideliving.com

Mission Statement of Hearthside Inc

Hearthside Inc, a notable organization, is dedicated to providing assisted living and housing solutions for the elderly. Their primary mission is to ensure the elderly have a comfortable and supported living environment, offering them the care they need during their later years. The organization's activities are centered around this mission, aiming to enhance the quality of life for senior citizens by providing them with housing services tailored to their needs. Hearthside Inc's commitment to the elderly is evident in their focus on assisted living, offering a supportive and nurturing environment that caters to the unique needs of this demographic.

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Impact




July, 2024

Hearthside Inc positively impacts the community by providing essential assisted living and housing services for the elderly in Lebanon, TN. By offering a supportive environment, Hearthside Inc helps elderly individuals maintain their independence and quality of life. Additionally, their focus on human services ensures that vulnerable populations receive the care and assistance they need to thrive. Through their mission of providing assisted living and housing for the elderly, Hearthside Inc contributes to the well-being of the elderly population and promotes a more inclusive and compassionate society.




This information is meant to be a general summary of Hearthside 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
$1,779,482 (2022)
Expenses
$1,751,915 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,841
  • Program Service Revenue: $1,371,559
  • Gross Receipts: $1,779,482

Assets and Liabilities:

  • Total Assets: $9,369,320
  • Total Liabilities: $3,917,615
  • Net Assets: $5,451,705

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Programs

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

RENTS-ASSISTED LIVING

Revenue

$1,371,559

Organization Details

Founding Year

1994

Principal Officer

George Chatfield

Main Address

215 CASTLE HEIGHTS AVENUE NORTH, LEBANON, TN, 37087

NTEE Category

Code: P75 - Human services

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