Overview
What is Memorylane Care Services?
Memorylane Care Services is a nonprofit organization situated in Toledo, Ohio. It specializes in providing adult day services for individuals affected by Alzheimer's disease and related dementia. The program operates as a respite service for family caregivers, offering a supportive environment where those with dementia can engage with others positively and safely. The center operates from Monday to Friday, 7:30 AM to 5:30 PM, and operates on a voluntary cost-share contribution system. Services include transportation, meals and snacks, activities, and assistance with daily living tasks. Memorylane Care Services' mission is to offer care, services, advice, and support to individuals living with Alzheimer's, dementia, and related disorders, as well as their families and caregivers. They also aim to educate the public and healthcare professionals about the nature and impact of these conditions.
Official website here: www.memorylanecareservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93%, Four-Star out of Four Star Rating.
Memorylane Care Services has achieved a remarkable score of 93%, signifying a strong commitment to accountability and finance, which is essential for building trust with donors and stakeholders. The organization earned its Four-Star rating by excelling in various areas that reflect its financial health and governance practices. The accountability and finance score indicates that Memorylane operates with a high level of transparency and integrity.
The nonprofit showcases several organizational strengths, particularly its governance structure, which features a fully independent board of directors. This is complemented by a comprehensive set of policies, including conflict of interest and whistleblower policies, ensuring ethical management practices. Additionally, a significant portion of its expenditures, 92.02%, is directed towards program services, highlighting its focus on fulfilling its mission effectively.
However, while the organization has a strong financial standing, its liabilities to assets ratio stands at 53.89%, which may require ongoing monitoring to ensure financial stability. Overall, Memorylane Care Services demonstrates a robust framework for accountability, making it a trustworthy nonprofit for potential donors looking to contribute to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Memorylane Care Services legitimate?
Memorylane Care Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorylane Care Services 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: $88,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.memorylanecareservices.org
What is the mission statement of Memorylane Care Services?
Memorylane Care Services is committed to providing care, services, advice, and support to individuals living with Alzheimer's disease, dementia, and related disorders, as well as their families and caregivers. The organization aims to educate the public and healthcare professionals about the nature and effects of these conditions. Their activities include operating an adult day service program that serves as a respite for family caregivers and offers a positive, safe, and supportive environment for individuals with dementia. This program operates from Monday to Friday, 7:30 AM to 5:30 PM, and operates on a voluntary cost-share contribution, offering transportation, meals, snacks, activities, and assistance with daily living tasks.
Official website here: www.memorylanecareservices.org
Who is the CEO of Memorylane Care Services?
Salli Bollin is the Past Chair of Memorylane Care Services.
Official website here: www.memorylanecareservices.org
What is the revenue of Memorylane Care Services?
Memorylane Care Services's revenue in 2022 was $1,319,236.
Official website here: www.memorylanecareservices.org
Who are the executives of Memorylane Care Services and what are their salaries?
The average compensation at Memorylane Care Services during 2022 was $4,038. There are 22 employees at Memorylane Care Services.
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- Compensation: $88,834
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- Other: $9,039
Official website here: www.memorylanecareservices.org
Where can I find the form 990 for Memorylane Care Services?
Memorylane Care Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.memorylanecareservices.org
Learn more at the official website: www.memorylanecareservices.org
Mission Statement of Memorylane Care Services
Memorylane Care Services is dedicated to providing care, services, advice, and support to individuals living with Alzheimer's disease, dementia, and related disorders, as well as their families and caregivers. The organization's mission is twofold: firstly, to offer assistance and support to those affected by these conditions; and secondly, to educate the public and healthcare professionals about the nature and impact of Alzheimer's disease, dementia, and related disorders.
Memorylane Care Services strives to create a supportive environment for individuals living with Alzheimer's disease and dementia. One of their primary initiatives is an adult day program, which serves as a respite service for family caregivers and provides a positive, safe, and engaging space for people with dementia to interact with others. This program operates Monday through Friday, from 7:30 AM to 5:30 PM, with a voluntary cost-share contribution. Additionally, the center offers transportation to and from the facility, meals and snacks, activities, and assistance with activities of daily living (ADLs).
In summary, Memorylane Care Services is committed to supporting individuals and families affected by Alzheimer's disease, dementia, and related disorders. They offer care, services, and advice to those living with these conditions, and they educate the public and healthcare professionals about these disorders to better understand their impact. Through their adult day program, Memorylane Care Services provides a respite service for family caregivers and a supportive environment for individuals with dementia.
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Impact
July, 2024
Memorylane Care Services has a significant impact on individuals living with Alzheimer's disease, dementia, and related disorders, as well as their families and caregivers. By providing adult day services, the organization offers a supportive and safe environment for people with dementia to interact with others positively. This not only benefits the individuals directly impacted by these conditions but also serves as a respite service for family caregivers, giving them much-needed support and relief. Additionally, by offering education and information to the public and healthcare professionals, Memorylane Care Services raises awareness about the nature and effects of Alzheimer's disease and related disorders, ultimately contributing to a more informed and compassionate community.
This information is meant to be a general summary of Memorylane Care Services. 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: $2,867
- Program Service Revenue: $583,586
- Gross Receipts: $1,319,236
Assets and Liabilities:
- Total Assets: $1,206,365
- Total Liabilities: $650,114
- Net Assets: $556,251
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$298,624
ADULT CARE CENTER FEES
Revenue
$179,700
INSTITUTIONAL RESPITE
Revenue
$97,570
EDUCATION & CARE COACH
Revenue
$7,692
Organization Details
Founding Year
2016
Phone
(419) 720-4940Principal Officer
Salli Bollin
Main Address
2500 NORTH REYNOLDS RD, TOLEDO, OH, 43615
NTEE Category
Code: E92 - Health
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