Overview
What is Heartway Corporation?
Heartway Corporation, located in Idabel, Oklahoma, is a dedicated nonprofit organization that focuses on providing long-term health care for the elderly and disabled. With a capacity to accommodate 178 patients, they serve 95 individuals, ensuring they receive necessary care. The organization employs a workforce of 266 individuals, demonstrating their commitment to this cause. Heartway Corporation's mission is centered around offering comprehensive long-term health services, providing a supportive environment for those in need.
What are the reviews and ratings of this charity?
**Heartway Corporation**
**Rating: Needs Improvement** (Charity Navigator: 64%)
Heartway Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in certain areas. The overall score primarily reflects its accountability and finance, marked by strong governance with a fully independent board. However, the lack of significant financial health indicators, such as missing financial statements and a poor liabilities-to-assets ratio, casts doubt on its financial sustainability and operational efficacy.
While the organization demonstrates strong program expense ratios, showcasing an 85.79% allocation to programs, it falls short in transparency, as evidenced by missing documentation on its website and the absence of key financial reports. Additionally, the organization's impact measurement and adaptability metrics have not been evaluated, suggesting that other vital areas of performance are unscored and warrant further attention.
User reviews from GreatNonprofits could not be fetched. Therefore, specific user feedback regarding Heartway Corporation's programs or effectiveness could not be analyzed to provide general sentiment about the organization's community impact or operational strengths and weaknesses.
This AI summary has been generated from information found on Charity Navigator.
Is Heartway Corporation legitimate?
Heartway Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartway 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: $108,239
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,667,087
For more financial information, click here
What is the mission statement of Heartway Corporation?
Heartway Corporation is dedicated to providing long-term health care services for the elderly and disabled. Their mission is centered around ensuring the well-being of these individuals, offering them a sustained healthcare environment. With a capacity to accommodate 178 patients, the corporation has served 95 individuals, demonstrating their commitment to this cause.
Who is the CEO of Heartway Corporation?
Kathy Suzette Baucom is the Secretary of Heartway Corporation.
What is the revenue of Heartway Corporation?
Heartway Corporation's revenue in 2022 was $9,291,222.
Who are the executives of Heartway Corporation and what are their salaries?
The average compensation at Heartway Corporation during 2022 was $14,193. There are 266 employees and 3 volunteers at Heartway Corporation.
Here are 5 key members and their salaries:
- Compensation: $85,739
- Related: $0
- Other: $0
- Compensation: $19,500
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
- Compensation: $1,000
- Related: $0
- Other: $0
Where can I find the form 990 for Heartway Corporation?
Heartway Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Heartway Corporation
Heartway Corporation, a notable organization, is committed to providing long-term health care to the aged and disabled individuals. This mission is central to its operations and services, aiming to ensure the well-being and comfort of those who require extended medical care due to advanced age or disabilities. With a capacity to accommodate 178 patients, Heartway Corporation offers a significant number of beds, demonstrating its dedication to serving a considerable population in need. As of the provided data, the organization has served 95 patients, indicating its active role in the provision of care. Heartway Corporation's mission is to make a meaningful difference in the lives of those it serves, offering the necessary long-term healthcare support, and enabling them to live with dignity and comfort.
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Impact
July, 2024
Heartway Corporation's impact is evident in its provision of long-term health care to the aged and disabled population. With 178 beds available for patients, the organization serves 95 individuals in need of specialized care. Located in Idabel, Oklahoma, Heartway Corporation fulfills its mission of providing essential health services to vulnerable members of the community. The organization's dedication to improving the quality of life for the aged and disabled demonstrates its significant impact on the well-being of those it serves.
This information is meant to be a general summary of Heartway 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.
- Program Service Revenue: $8,185,246
- Gross Receipts: $9,291,222
Assets and Liabilities:
- Total Assets: $6,509,297
- Total Liabilities: $15,819,917
- Net Assets: -$9,310,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$7,979,446
LEASE INCOME
Revenue
$205,800
Organization Details
Founding Year
1987
Phone
(580) 286-1065Principal Officer
Kathy Suzette Baucom
Main Address
1305 SE Adams Street, Idabel, OK, 74745
NTEE Category
Code: E91 - Health
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