St Margaret's Daughters Home

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

EIN: 720435080 ✦ New orleans, LA ✦ Designated as a 501(c)(3)

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Overview

What is St Margaret's Daughters Home?

St. Margaret's Daughters Home is a faith-based nonprofit organization situated in New Orleans, Louisiana. Relocated to the Midcity area in May 2013, the home currently houses 100 residents, with 60% of them living in poverty and receiving Medicaid benefits. The primary mission of this nonprofit is to offer exceptional healthcare to the impoverished elderly community. St. Margaret's Daughters Home is distinguished by its provision of quality nursing care to those in need, embodying a commitment to serving the poor section of society. The organization has a workforce of 418 dedicated individuals.


Official website here: www.stmargaretsno.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 77% (Three-Star out of Four Star Rating)**

St. Margaret's Daughters Home has received a 77% rating from Charity Navigator, which translates to a three-star designation. This score is indicative of the organization's reliability and financial health, largely based on its accountability and finance metrics. Key strengths include a robust governance structure, with 85% of board members being independent, and a commendable program expense ratio of 83.56%, showcasing a significant portion of funds directed towards its mission.

However, the evaluation has highlighted some limitations, particularly the absence of a whistleblower policy and missing financial statements on their website. These elements may affect transparency and stakeholder confidence. Additionally, while the organization has been recognized for its financial accountability, it has not yet been scored in areas such as impact measurement, culture, and community, which could give a more comprehensive view of its effectiveness.

Unfortunately, user reviews from GreatNonprofits could not be retrieved, which limits the understanding of public sentiment towards the organization. Overall, stakeholders can give with confidence, especially considering the non-profit's solid fiscal management.


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

Is St Margaret's Daughters Home legitimate?

St Margaret's Daughters Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Margaret's Daughters Home 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: $105,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,978,395

For more financial information, click here


Official website here: www.stmargaretsno.org

What is the mission statement of St Margaret's Daughters Home?

St. Margaret's Daughters Home is a faith-based organization that is committed to providing high-quality nursing care to the less fortunate elderly individuals in the community. The primary mission of this organization is to offer exceptional healthcare services to those who are financially disadvantaged and often rely on Medicaid benefits. Established with a strong religious foundation, St. Margaret's Daughters Home moved to the Midcity area in May 2013 and currently houses around 100 residents, with approximately 60% of them living in poverty. The organization's mission reflects its dedication to ensuring that the poor seniors in the community receive the healthcare they deserve.


Official website here: www.stmargaretsno.org

Who is the CEO of St Margaret's Daughters Home?

Lawrence Stansberry is the President/Ceo of St Margaret's Daughters Home. The CEO's salary of St Margaret's Daughters Home is $100,895 and their total compensation is $243,213.


Official website here: www.stmargaretsno.org

What is the revenue of St Margaret's Daughters Home?

St Margaret's Daughters Home's revenue in 2022 was $9,811,309.


Official website here: www.stmargaretsno.org

Who are the executives of St Margaret's Daughters Home and what are their salaries?

The average compensation at St Margaret's Daughters Home during 2022 was $9,770. There are 418 employees and 100 volunteers at St Margaret's Daughters Home.


Here are 7 key members and their salaries (St Margaret's Daughters Home's CEO's salary is $100,895 and their total compensation is $243,213):


Larry Stansberry Iii (President/Ceo)
  • Compensation: $100,895
  • Related: $137,544
  • Other: $4,774
Pat Arnold (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Stansberry (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dalton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sweet (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Stansberry Iv (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Wills (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stmargaretsno.org

Where can I find the form 990 for St Margaret's Daughters Home?

St Margaret's Daughters Home's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stmargaretsno.org

Learn more at the official website: www.stmargaretsno.org

Mission Statement of St Margaret's Daughters Home

St. Margaret's Daughters Home, a faith-based organization, is committed to providing top-notch nursing care to the impoverished elderly in the community. With a strong mission, this home relocated to the Midcity area in May 2013 and currently houses 100 residents. A significant portion of these residents, approximately 60%, fall under the poverty line and receive Medicaid benefits. The primary goal of St. Margaret's Daughters Home is to offer exceptional healthcare services to these underprivileged senior citizens, ensuring they receive the care they deserve despite their financial circumstances.

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Impact




July, 2024

St. Margaret's Daughters Home has a significant impact in providing quality nursing care to the poor seniors in the New Orleans community. With a relocation to the Midcity area in May 2013, the organization currently serves 100 residents, 60% of whom are in poverty and rely on Medicaid benefits. Their mission, rooted in faith, is to deliver exceptional healthcare services to those in need. By offering essential care to vulnerable seniors, St. Margaret's Daughters Home plays a vital role in improving the well-being and quality of life for those facing economic challenges in the area.




This information is meant to be a general summary of St Margaret's Daughters Home. 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
$9,811,309 (2022)
Expenses
$9,981,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,890
  • Program Service Revenue: $8,933,284
  • Gross Receipts: $9,811,309

Assets and Liabilities:

  • Total Assets: $35,749,079
  • Total Liabilities: $13,071,806
  • Net Assets: $22,677,273

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Programs

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

MEDICAID PROGRAM PAYME

Revenue

$5,110,563

MEDICARE PROGRAM PAYME

Revenue

$2,693,262

PRIVATE PATIENT REVENU

Revenue

$572,107

HOME HEALTH HOSPICE

Revenue

$437,862

OTHER PROFRAM SERVICE

Revenue

$106,607

Organization Details

Founding Year

1931

Principal Officer

Lawrence Stansberry

Main Address

ATTN LARRY STANSBERRY, NEW ORLEANS, LA, 70119

NTEE Category

Code: E91 - Health

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