Overview
What is Mckendree Village Foundation Inc?
Mckendree Village Foundation Inc is a nonprofit organization affiliated with the Tennessee Annual Conference of the United Methodist Church, located in Hermitage, Tennessee. Their primary mission is to provide benevolent care to eligible residents residing at McKendree Village. This care includes essential necessities, support services, and financial aid. The foundation also extends its support to Encore Ministry (formerly Golden Cross Foundation) by offering donations and grants to fund ongoing ministries and services for older adults. They secure financial resources to ensure the well-being of the residents at McKendree Village, thereby embodying their dedication to charitable causes within the United Methodist Church community.
Official website here: www.mckendreefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Mckendree Village Foundation Inc shows a moderately positive performance in accountability and finance, with a score of 73%. The organization benefits from having a fully independent board, which is a strong indicator of governance quality. Additionally, the foundation demonstrates good financial management, highlighted by a perfect liabilities to assets ratio of 0.00% and a commendable program expense ratio of 75.40%, suggesting that a significant portion of its expenditures supports its mission-driven activities.
However, there are notable limitations in the foundation's transparency, primarily due to missing financial statements, which garnered a score of 0 out of 15 points in that category. Additionally, the absence of a whistleblower policy and a document retention and destruction policy raises concerns about governance practices. While the foundation has established some critical policies, the missing elements may affect stakeholder confidence in its operational integrity. Overall, while Mckendree Village Foundation Inc demonstrates solid financial health, improvements in transparency and governance policies are needed.
This AI summary has been generated from information found on Charity Navigator.
Is Mckendree Village Foundation Inc legitimate?
Mckendree Village Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mckendree Village Foundation 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: $0
For more financial information, click here
Official website here: www.mckendreefoundation.org
What is the mission statement of Mckendree Village Foundation Inc?
The Mckendree Village Foundation Inc's mission is centered around securing financial support to provide benevolent care to eligible residents. Affiliated with the Tennessee Annual Conference of the United Methodist Church, the foundation accepts donations and grants a portion of the benevolent care costs at McKendree Village. The corporation, being a not-for-profit religious organization, aims to offer care for eligible residents and supports other religious, charitable, or educational purposes of the Tennessee Annual Conference of the United Methodist Church. Furthermore, the foundation also provides grants to Encore Ministry for funding ongoing ministries and services with older adults.
Official website here: www.mckendreefoundation.org
Who is the CEO of Mckendree Village Foundation Inc?
Kent Mcnish is the Executive Di of Mckendree Village Foundation Inc.
Official website here: www.mckendreefoundation.org
What is the revenue of Mckendree Village Foundation Inc?
Mckendree Village Foundation Inc's revenue in 2022 was $101,794.
Official website here: www.mckendreefoundation.org
Who are the executives of Mckendree Village Foundation Inc and what are their salaries?
There 7 volunteers at Mckendree Village Foundation Inc.
Here are 8 key members and their salaries:
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- Related: $107,836
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Official website here: www.mckendreefoundation.org
Where can I find the form 990 for Mckendree Village Foundation Inc?
Mckendree Village Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mckendreefoundation.org
Learn more at the official website: www.mckendreefoundation.org
Mission Statement of Mckendree Village Foundation Inc
Mckendree Village Foundation Inc, an affiliate of the Tennessee Annual Conference of the United Methodist Church, has a mission to secure financial support and provide benevolent care to eligible residents living at McKendree Village. The foundation accepts donations and grants a portion of the benevolent care costs for these residents. By doing so, the foundation contributes to the well-being of its beneficiaries, ensuring they receive the necessary care and support. Additionally, Mckendree Village Foundation Inc also provides financial assistance to Encore Ministry (formerly Golden Cross Foundation) to fund ongoing ministries and services for older adults. This dual mission demonstrates the foundation's commitment to supporting vulnerable individuals and promoting the welfare of older adults in the community.
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Impact
October, 2024
Mckendree Village Foundation Inc plays a vital role in securing financial support that directly enhances the quality of life for eligible residents at Mckendree Village in Hermitage, TN. By providing benevolent care, the foundation ensures that residents who may face financial challenges still receive essential services and support, fostering a community where well-being and dignity are prioritized.
The foundation’s efforts extend beyond individual care, connecting with the broader mission of the Tennessee Annual Conference of the United Methodist Church. By accepting donations and granting funds, it supports various ministries and services aimed at older adults, amplifying its impact within the community. This holistic approach creates a network of care that not only addresses immediate needs but also promotes long-term engagement and support for residents and their families.
In addition to addressing individual needs, Mckendree Village Foundation Inc contributes to a culture of compassion and service, aligning with religious, charitable, and educational objectives. Through its initiatives, the foundation not only provides necessary financial assistance but also nurtures a sense of belonging and community among older adults, enriching their lives in meaningful ways.
This information is meant to be a general summary of Mckendree Village Foundation 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: $100,591
- Gross Receipts: $101,794
Assets and Liabilities:
- Total Assets: $4,548,882
- Total Liabilities: $0
- Net Assets: $4,548,882
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Organization Details
Founding Year
1998
Phone
(615) 871-8598Principal Officer
Kent Mcnish
Main Address
4343 LEBANON ROAD T-202, HERMITAGE, TN, 37076
Website
www.mckendreefoundation.orgNTEE Category
Code: P117 - Human services
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