Overview
What is Geneva Foundation Of Presbyterian Homes?
The Geneva Foundation of Presbyterian Homes is a nonprofit organization dedicated to providing financial support for the charitable programs of Presbyterian Homes and Westminster Place. This foundation, based in Skokie, Illinois, ensures that no resident is asked to leave due to an inability to pay. Through the Fellowship Fund, the Geneva Foundation extends medical and supportive services to maintain the security, health, dignity, and self-esteem of residents. Generous and responsible philanthropy is at the heart of the Geneva Foundation, which enriches the lives of those in the Presbyterian Homes and Westminster Place communities.
Official website here: www.presbyterianhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Geneva Foundation of Presbyterian Homes has achieved a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a high score of 96%, the organization demonstrates exceptional governance practices, including a fully independent board and comprehensive policies to ensure transparency and ethical management.
Strengths highlighted in the evaluation include a solid program expense ratio of 85.67%, indicating that a significant portion of its resources directly supports its mission. The foundation also excels in its financial oversight, with no reported material diversions of assets and a favorable liabilities to assets ratio of 0.55%. This financial health bolsters stakeholder confidence in the organization’s stewardship of resources.
While the rating is highly positive, it primarily emphasizes accountability and finance, leaving other areas such as program impact unassessed. Nonetheless, the foundation’s strong governance and operational practices provide a solid foundation for its future initiatives and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Geneva Foundation Of Presbyterian Homes legitimate?
Geneva Foundation Of Presbyterian Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geneva Foundation Of Presbyterian Homes 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.presbyterianhomes.org
What is the mission statement of Geneva Foundation Of Presbyterian Homes?
The Geneva Foundation enriches Presbyterian Homes and Westminster Place communities by generously and responsibly supporting their charitable programs. Its primary purpose is to provide financial assistance for these organizations, enabling them to maintain the dignity and self-esteem of their residents. Through the Fellowship Fund, the Geneva Foundation ensures that no resident is asked to leave due to financial inability and extends medical and supportive services. The Fellowship Fund and its endowment have been built through charitable donations from residents, families, and friends across the entire Presbyterian Homes and Westminster Place organizations.
Official website here: www.presbyterianhomes.org
Who is the CEO of Geneva Foundation Of Presbyterian Homes?
Nadim Abi-Antoun is the Director /Board Chair of Geneva Foundation Of Presbyterian Homes. The CEO's salary of Geneva Foundation Of Presbyterian Homes is $0 and their total compensation is $729,922.
Official website here: www.presbyterianhomes.org
What is the revenue of Geneva Foundation Of Presbyterian Homes?
Geneva Foundation Of Presbyterian Homes's revenue in 2023 was $13,874,096.
Official website here: www.presbyterianhomes.org
Who are the executives of Geneva Foundation Of Presbyterian Homes and what are their salaries?
There 79 volunteers at Geneva Foundation Of Presbyterian Homes.
Here are 21 key members and their salaries (Geneva Foundation Of Presbyterian Homes's CEO's salary is $0 and their total compensation is $729,922):
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- Related: $880,829
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- Other: $170,195
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- Other: $130,068
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- Related: $206,452
- Other: $9,477
- Compensation: $142,157
- Related: $0
- Other: $6,580
Official website here: www.presbyterianhomes.org
Where can I find the form 990 for Geneva Foundation Of Presbyterian Homes?
Geneva Foundation Of Presbyterian Homes's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.presbyterianhomes.org
Learn more at the official website: www.presbyterianhomes.org
Mission Statement of Geneva Foundation Of Presbyterian Homes
The Geneva Foundation of Presbyterian Homes is a philanthropic organization that enriches the lives of residents in Presbyterian Homes and Westminster Place communities through thoughtful and responsible charitable giving. Its primary mission is to provide financial support for the charitable programs of these communities, ensuring that no resident is asked to leave due to an inability to pay.
The Fellowship Fund, established by charitable donations from residents, families, and friends across the Presbyterian Homes and Westminster Place organizations, plays a crucial role in upholding the character of these communities. By extending medical and supportive services, the Fellowship Fund maintains the security, health, dignity, and self-esteem of its residents. The endowment built by these donations enables the Foundation to make a significant difference in the lives of those it serves.
In essence, the Geneva Foundation of Presbyterian Homes transforms lives by providing crucial financial support, ensuring that residents can continue to live in their communities with peace of mind and dignity. Through its charitable initiatives, the Foundation extends a helping hand to those in need, making a meaningful impact on the lives of its residents.
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Impact
October, 2024
The Geneva Foundation of Presbyterian Homes has a profound impact on the lives of residents in the Presbyterian Homes and Westminster Place communities. Its primary focus is to enhance the quality of life for seniors by ensuring access to essential services and support through the Fellowship Fund. This initiative guarantees that residents will never face relocation due to inability to pay, thereby fostering a sense of security and stability.
By providing financial assistance to residents in need, the Geneva Foundation helps maintain their health, dignity, and self-esteem. This support allows individuals to age gracefully within their chosen communities, surrounded by familiar faces and an established support network. The Foundation's activities enrich the overall living experience, creating an environment where seniors can thrive, maintain their independence, and fully engage in community life.
The significant financial resources that underpin these initiatives are generated solely through generous donations from residents, families, and friends. This community-driven philanthropy not only supports the immediate needs of residents but also strengthens the bonds within the community itself. Overall, the Geneva Foundation plays a crucial role in transforming lives, ensuring that all residents receive the compassionate care and support they deserve.
This information is meant to be a general summary of Geneva Foundation Of Presbyterian Homes. 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 2023.
- Investment Income: $9,224,994
- Gross Receipts: $47,691,576
Assets and Liabilities:
- Total Assets: $157,351,261
- Total Liabilities: $877,378
- Net Assets: $156,473,883
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Organization Details
Founding Year
2003
Phone
(847) 979-3902Principal Officer
Nadim Abi-Antoun
Main Address
8707 SKOKIE BOULEVARD 400, SKOKIE, IL, 60077
Website
www.presbyterianhomes.orgNTEE Category
Code: T03 - Philanthropy
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