Overview
What is Cedarcroft Home Inc?
Cedarcroft Home Inc is a nonprofit organization situated in Lebanon, Tennessee. Its primary mission is to provide a safe and supportive environment for mentally handicapped, disadvantaged, and homeless men. The facility offers room and board, three nutritious meals daily, and evening snacks. Residents receive indirect medication supervision, medical service referrals, transportation, laundry services, and various activity opportunities. The men are encouraged to participate in various living skills programs in different areas. Notably, no individual is denied admission due to financial constraints. With a dedicated staff of 82 employees, Cedarcroft Home Inc aims to enhance the lives of its residents, ensuring they can live with dignity and independence.
Official website here: www.cedarcrofthome.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (61%)
Cedarcroft Home Inc has received a two-star rating from Charity Navigator, indicating areas that require significant improvement, particularly in accountability and financial transparency. The organization's score of 61% reflects concerns over its governance practices, such as the absence of independent board members and insufficient financial statement disclosures. While the nonprofit has a strong program expense ratio of over 90%, showcasing effective allocation of funds towards its mission, the lack of critical policies and transparency measures raises red flags.
The organization benefits from a fully independent board size with seven members, which is a positive aspect in terms of governance structure. However, the failure to establish majority independent board members and the absence of robust conflict of interest, whistleblower, and document retention policies are notable weaknesses. Additionally, while Cedarcroft Home Inc shows a low liabilities to assets ratio, indicating good financial health, the lack of transparency regarding financial statements diminishes trust and accountability.
Overall, while Cedarcroft Home Inc demonstrates a commitment to its mission through program spending, the deficiencies in governance and financial accountability suggest the need for improvement to enhance donor confidence and organizational integrity. Addressing these issues would help foster greater transparency and strengthen the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Cedarcroft Home Inc legitimate?
Cedarcroft Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedarcroft Home 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: $1,252,742
For more financial information, click here
Official website here: www.cedarcrofthome.org
What is the mission statement of Cedarcroft Home Inc?
Cedarcroft Home Inc is committed to providing care and support to mentally handicapped, disadvantaged, and homeless men. Their mission is to operate a facility that prioritizes the welfare of these individuals, offering them a place to live with three meals a day, evening snacks, and various amenities such as medication supervision, medical service referrals, transportation, laundry services, and activity opportunities. Residents are encouraged to participate in living skills development in various areas. The facility has an open-door policy, ensuring no man is turned away due to financial constraints, and many of its residents may not qualify for state institutions.
Official website here: www.cedarcrofthome.org
Who is the CEO of Cedarcroft Home Inc?
Peggy Zide is the Coo of Cedarcroft Home Inc.
Official website here: www.cedarcrofthome.org
What is the revenue of Cedarcroft Home Inc?
Cedarcroft Home Inc's revenue in 2022 was $2,442,550.
Official website here: www.cedarcrofthome.org
Who are the executives of Cedarcroft Home Inc and what are their salaries?
The average compensation at Cedarcroft Home Inc during 2022 was $15,277. There are 82 employees at Cedarcroft Home Inc.
Here are 8 key members and their salaries:
- Compensation: $78,478
- Related: $0
- Other: $0
- Compensation: $51,025
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cedarcrofthome.org
Where can I find the form 990 for Cedarcroft Home Inc?
Cedarcroft Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedarcrofthome.org
Learn more at the official website: www.cedarcrofthome.org
Mission Statement of Cedarcroft Home Inc
Cedarcroft Home Inc is a facility committed to providing care and support to mentally handicapped, disadvantaged, and homeless men. The organization's mission is centered around operating a facility that prioritizes the well-being of these individuals, offering them a safe environment. The residents of Cedarcroft Home Inc are provided with room and board, including three nutritious meals a day and evening snacks. They also receive indirect supervision for medication management, medical service referrals, and transportation, as well as laundry services. The facility encourages its residents to participate in various living skills programs in various areas, offering them a chance to grow and develop. Notably, no man is denied admission due to financial constraints, and many of the residents may not be eligible to reside in a state institution.
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Impact
July, 2024
Cedarcroft Home Inc has a significant impact on the care and welfare of mentally handicapped, disadvantaged, and homeless men in Lebanon, TN. By operating a facility that provides room and board, nutritious meals, medical services, transportation, laundry services, and opportunities for activities and living skills development, Cedarcroft Home Inc is offering essential support to a vulnerable population. The organization's inclusive approach, which ensures that no man is turned away due to inability to pay, demonstrates a commitment to accessibility and compassion. Overall, Cedarcroft Home Inc is making a positive difference in the lives of those in need in the community.
This information is meant to be a general summary of Cedarcroft Home 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: $10,394
- Program Service Revenue: $2,408,581
- Gross Receipts: $2,442,550
Assets and Liabilities:
- Total Assets: $874,236
- Total Liabilities: $62,791
- Net Assets: $811,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM AND BOARD
Revenue
$2,408,581
Organization Details
Founding Year
1996
Phone
(615) 444-4559Principal Officer
Peggy Zide
Main Address
PO BOX 1266, LEBANON, TN, 370881266
Website
www.cedarcrofthome.orgNTEE Category
Code: E91 - Health
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