Overview
What is Governmental And Educational Assistance Corporation?
Governmental and Educational Assistance Corporation, operating as Vista Prairie Communities, is a nonprofit organization based in Minnesota. Established in 1997, they provide services for low-income residents and seniors, with a total of 889 employees serving 896 residents across nine facilities in four states: Minnesota, Iowa, Ohio, and Wisconsin. Their mission is to transform lives by offering compassionate care and joy-filled environments. Vista Prairie Communities develop and maintain ten limited liability companies, overseeing assisted living, senior housing, and memory care services. In FY2022, they provided $3.4 million in charitable support to residents in public assistance programs. With a strong financial position, they prioritize high-quality services and growth, recently adding Vista Prairie at Brentwood in Rice Lake, Wisconsin. Their core values include caring, respect, collaboration, innovation, and stewardship.
Official website here: www.vistaprairie.org
What are the reviews and ratings of this charity?
Charity Navigator rates the Governmental and Educational Assistance Corporation at 81%, which corresponds to a Three-Star out of Four Star rating. This score reflects the organization’s strong performance in the Accountability & Finance category, where it achieved a perfect score in several key areas, indicating sound financial practices and governance.
The charity showcases significant strength in having a fully independent board and robust audit and oversight measures in place, which are essential for maintaining transparency and accountability. Furthermore, their program expense ratio is notably high at 81.03%, suggesting that a substantial portion of their funding is directed towards their programs, rather than administrative overhead.
However, while the financial governance appears strong, some potential donors may want to look further into the impact and effectiveness of the organization's programs themselves, as the rating focuses solely on financial metrics. Additionally, the compensation for key personnel is on the higher side, which may raise questions regarding resource allocation and funding priorities.
This AI summary has been generated from information found on Charity Navigator.
Is Governmental And Educational Assistance Corporation legitimate?
Governmental And Educational Assistance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Governmental And Educational Assistance 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: $1,198,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,066,105
For more financial information, click here
Official website here: www.vistaprairie.org
What is the mission statement of Governmental And Educational Assistance Corporation?
The Governmental and Educational Assistance Corporation, now known as Vista Prairie Communities, is dedicated to enhancing the lives of older adults by providing compassionate care in nurturing environments. Their mission is to inspire their employees to help older adults attain exceptional lifestyles, all while practicing responsible stewardship of resources. The organization embodies five core values: Caring, Respect, Collaboration, Innovation, and Stewardship. In the previous fiscal year, they served 896 residents and employed a team of 449 staff members. Through their various LLCs, they operate facilities in Minnesota, Iowa, Ohio, and Wisconsin, providing services for low-income residents, senior assisted living, independent living, and memory care housing. In 1997, the organization was founded as a nonprofit organization, and in 2022, they provided $3.4 million in charitable support to qualifying residents. Vista Prairie Communities continually evolve to meet the growing needs of the community, offering innovative and relevant services through collaborative partnerships.
Official website here: www.vistaprairie.org
Who is the CEO of Governmental And Educational Assistance Corporation?
James E Bettendorf is the Chief Executive Officer of Governmental And Educational Assistance Corporation. The CEO's salary of Governmental And Educational Assistance Corporation is $338,623 and their total compensation is $378,790.
Official website here: www.vistaprairie.org
What is the revenue of Governmental And Educational Assistance Corporation?
Governmental And Educational Assistance Corporation's revenue in 2022 was $37,232,255.
Official website here: www.vistaprairie.org
Who are the executives of Governmental And Educational Assistance Corporation and what are their salaries?
The average compensation at Governmental And Educational Assistance Corporation during 2022 was $16,045. There are 889 employees and 65 volunteers at Governmental And Educational Assistance Corporation.
Here are 14 key members and their salaries (Governmental And Educational Assistance Corporation's CEO's salary is $338,623 and their total compensation is $378,790):
- Compensation: $32,500
- Related: $0
- Other: $0
- Compensation: $31,500
- Related: $0
- Other: $0
- Compensation: $31,500
- Related: $0
- Other: $0
- Compensation: $30,500
- Related: $0
- Other: $0
- Compensation: $29,500
- Related: $0
- Other: $0
- Compensation: $29,500
- Related: $0
- Other: $0
- Compensation: $338,623
- Related: $0
- Other: $40,167
- Compensation: $193,460
- Related: $0
- Other: $4,070
- Compensation: $158,911
- Related: $0
- Other: $41,694
- Compensation: $103,553
- Related: $0
- Other: $5,379
- Compensation: $140,926
- Related: $0
- Other: $26,818
- Compensation: $118,026
- Related: $0
- Other: $14,492
- Compensation: $110,509
- Related: $0
- Other: $18,145
- Compensation: $101,307
- Related: $0
- Other: $3,809
Official website here: www.vistaprairie.org
Where can I find the form 990 for Governmental And Educational Assistance Corporation?
Governmental And Educational Assistance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vistaprairie.org
Learn more at the official website: www.vistaprairie.org
Mission Statement of Governmental And Educational Assistance Corporation
The Governmental and Educational Assistance Corporation, or GEAC, is a mission-driven nonprofit organization dedicated to enhancing the lives of older adults. With a strong commitment to compassionate care and joy-filled environments, GEAC engages its employees to help seniors attain exceptional lifestyles. The organization's core values - Caring, Respect, Collaboration, Innovation, and Stewardship - guide its efforts to make a significant difference in the lives of those it serves and their loved ones.
GEAC operates as a network of limited liability corporations, each owning and managing a senior care community in four states: Minnesota, Iowa, Ohio, and Wisconsin. These communities cater to low-income residents, offering services for senior assisted living, independent living, and memory care housing. GEAC's dedication to quality is evident in its commitment to providing innovative and relevant services through collaborative partnerships. In a productive year marked by growth and financial security, GEAC added a new facility, Vista Prairie at Brentwood, and ranked among the largest multi-site Assisted Living units in LeadingAge's Ziegler 2022 Survey.
Each of GEAC's communities prioritizes high-quality services, as evidenced by their successful completion of the first round of surveys under the new assisted living licensing law administered by the Minnesota Department of Health. The organization's strong financial position allows it to surpass its budgeted operating margin and provide compassionate care in joy-filled environments. By practicing responsible stewardship of its resources, GEAC continually evolves to meet the growing needs of the greater community and enrich the lives of those it is called to serve.
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Impact
October, 2024
Governmental And Educational Assistance Corporation significantly impacts the lives of low-income residents and older adults across multiple states by providing vital housing and support services. Through its subsidiary Vista Prairie Communities (VPC), the organization serves as a beacon of compassionate care, offering quality assisted living, independent living, and memory care in nine facilities located in Minnesota, Iowa, Ohio, and Wisconsin.
In FY2022, VPC supported 896 residents, with a committed workforce of 449 employees dedicated to enhancing the quality of life for seniors. Through the establishment of ten limited liability companies, VPC effectively manages facilities that cater to diverse needs, ensuring that residents benefit from tailored care in joy-filled environments.
The financial commitment to the community is evident, as VPC provided $3.4 million in charitable support for qualifying residents, enabling them to access essential public assistance programs. This level of financial support reflects a strong commitment to inclusive service delivery that addresses the unique challenges faced by low-income seniors.
The creation of new facilities, such as Vista Prairie at Brentwood, showcases the organization's ongoing efforts to expand its network and enhance service provision. By maintaining high-quality services, exemplified by successful compliance with Minnesota's new assisted living licensing laws, VPC demonstrates its dedication to continuously improving the care environment. The organization's solid financial standing, achieved through careful management and a focus on occupancy growth, positions it favorably to continue its mission of transforming lives.
Ultimately, Governmental And Educational Assistance Corporation plays a crucial role in enriching the lives of older adults by fostering innovative and collaborative partnerships, ensuring that the communities it serves can thrive.
This information is meant to be a general summary of Governmental And Educational Assistance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $10,728
- Program Service Revenue: $32,600,822
- Gross Receipts: $37,232,255
Assets and Liabilities:
- Total Assets: $73,286,933
- Total Liabilities: $70,421,266
- Net Assets: $2,865,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Rent & Service Income
Revenue
$32,367,857
Organization Details
Founding Year
1997
Phone
(952) 837-0542Principal Officer
James E Bettendorf
Main Address
11180 Zealand Ave N, Champlin, MN, 55316
Website
www.vistaprairie.orgNTEE Category
Code: L200 - Housing
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