Overview
What is Lafourche Home For The Aged & Infirm Inc?
Lafourche Home for the Aged & Infirm Inc is a nonprofit organization dedicated to caring for the elderly. Situated with a substantial capacity of 26,280 beds, they currently utilize 25,515 beds, maintaining a high occupancy rate of 97.09%. Their primary mission is to offer nursing services for the elderly, ensuring they receive the care they need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Lafourche Home For The Aged & Infirm Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scored well on key metrics such as having a fully independent board and maintaining a very low liabilities to assets ratio, which is positive for its financial stability. Additionally, the program expense ratio is strong, suggesting that a significant portion of its resources is directed toward its mission-related activities.
Despite these strengths, the overall score reflects some areas for improvement. While the organization has implemented strong governance practices, the average rating signifies that there are potential concerns regarding its operational effectiveness or transparency that may need to be addressed. Stakeholders are encouraged to look into the specific practices and outcomes of the nonprofit to gain a clearer understanding of its impact on the community it serves.
In conclusion, Lafourche Home For The Aged & Infirm Inc demonstrates a commitment to financial responsibility and governance, but the Two-Star rating suggests that there is room for enhancement in other operational aspects. Prospective donors and supporters should consider both the strengths and limitations highlighted in the rating before making their decisions.
This AI summary has been generated from information found on Charity Navigator.
Is Lafourche Home For The Aged & Infirm Inc legitimate?
Lafourche Home For The Aged & Infirm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lafourche Home For The Aged & Infirm 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: $122,001
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lafourche Home For The Aged & Infirm Inc?
Lafourche Home For The Aged & Infirm Inc is dedicated to providing care for the elderly. Their mission is accomplished through their nursing services, which cater to the needs of the elderly population. The facility boasts an impressive capacity, with a total of 26,280 beds, 25,515 of which are in use, resulting in an occupancy rate of 97.09%. While the specific goals or additional initiatives underlying their mission aren't explicitly stated, it is clear that Lafourche Home For The Aged & Infirm Inc prioritizes the welfare and care of the elderly community.
Who is the CEO of Lafourche Home For The Aged & Infirm Inc?
Jamie Francise is the Administrator of Lafourche Home For The Aged & Infirm Inc.
What is the revenue of Lafourche Home For The Aged & Infirm Inc?
Lafourche Home For The Aged & Infirm Inc's revenue in 2022 was $6,370,569.
Who are the executives of Lafourche Home For The Aged & Infirm Inc and what are their salaries?
The average compensation at Lafourche Home For The Aged & Infirm Inc during 2022 was $1,099. There are 111 employees at Lafourche Home For The Aged & Infirm Inc.
Here are 7 key members and their salaries:
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- Compensation: $117,420
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- Compensation: $100,746
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Where can I find the form 990 for Lafourche Home For The Aged & Infirm Inc?
Lafourche Home For The Aged & Infirm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lafourche Home For The Aged & Infirm Inc
Lafourche Home for the Aged & Infirm Inc is dedicated to caring for the elderly community. Through their nursing services, they provide a substantial number of beds for elderly individuals, with a total capacity of 26,280 beds. Currently, they are utilizing 25,515 of these beds, maintaining a high occupancy rate of 97.09%. This nonprofit organization is committed to ensuring the elderly receive the care they need, utilizing their nursing services to provide a safe and secure environment.
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Impact
July, 2024
Lafourche Home for the Aged & Infirm Inc's impact is significant in providing care for the elderly in the city of Thibodaux, LA. With a total of 26,280 beds, they offer nursing services to support the elderly population. Their high occupancy rate of 97.09% indicates the demand for their services and the trust the community places in their care. By ensuring the well-being and comfort of elderly individuals, Lafourche Home for the Aged & Infirm Inc plays a crucial role in supporting the health and quality of life of this vulnerable population.
This information is meant to be a general summary of Lafourche Home For The Aged & Infirm 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: $43,292
- Program Service Revenue: $6,236,602
- Gross Receipts: $6,371,515
Assets and Liabilities:
- Total Assets: $9,112,140
- Total Liabilities: $155,560
- Net Assets: $8,956,580
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$4,230,708
Private Pay
Revenue
$1,754,265
Managed Care
Revenue
$251,629
Organization Details
Founding Year
1958
Phone
(985) 447-2205Principal Officer
Jamie Francise
Main Address
1002 Tiger Drive, Thibodaux, LA, 70301
NTEE Category
Code: E91 - Health
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