Overview
What is Exira Care Center Corporation?
Exira Care Center Corporation, established on July 1, 2018, is a nonprofit organization based in Exira, Iowa. It operates under the name Exira Care Center, offering both a nursing facility and an assisted living facility to serve the local community. The organization runs a 60-bed nursing facility and a 32-bed assisted living facility, committed to providing affordable, full-service care for the elderly residents of Exira and the surrounding areas. The mission of Exira Care Center Corporation is to ensure that the elderly population has access to high-quality nursing and assisted living opportunities, aiming to enhance their quality of life. With a workforce of 85 individuals, the organization is dedicated to meeting the needs of its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Stars)
Exira Care Center Corporation has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain areas. While the organization has a solid accountability and finance structure, with 100% independent board members and strong policies in place, it faces challenges reflected in its overall score.
One of the nonprofit's strengths is its program expense ratio, which stands at an impressive 80.23%. This suggests that a significant portion of its resources is allocated directly to its programs rather than administrative costs. Additionally, the organization has demonstrated best practices in governance by having comprehensive policies for conflict of interest, whistleblowing, and document retention.
However, a notable limitation is its liabilities to assets ratio, which is 87.52%. This indicates potential financial strain, as the organization may have high liabilities relative to its assets. While the organization appears to be well-governed, addressing its financial challenges will be crucial for improving its overall standing and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Exira Care Center Corporation legitimate?
Exira Care Center Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Exira Care Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,235,159
For more financial information, click here
What is the mission statement of Exira Care Center Corporation?
The Exira Care Center Corporation operates both a 60-bed nursing facility and a 32-bed assisted living facility, with the primary objective of providing affordable full-service nursing and assisted living opportunities for the elderly citizens in its surrounding communities. Established under the umbrella of Exira Care Center Corporation dba Exira Care Center as a not-for-profit corporation on July 1, 2018, this organization has been dedicated to serving the area residents by operating a nursing facility and an assisted living facility, providing essential care and support to its elderly residents.
What is the revenue of Exira Care Center Corporation?
Exira Care Center Corporation's revenue in 2023 was $4,627,446.
Who are the executives of Exira Care Center Corporation and what are their salaries?
The average compensation at Exira Care Center Corporation during 2023 was $20,889. There are 107 employees and 4 volunteers at Exira Care Center Corporation.
Here are 5 key members and their salaries:
- Compensation: $129,218
- Related: $0
- Other: $18,652
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Exira Care Center Corporation?
Exira Care Center Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Exira Care Center Corporation
Exira Care Center Corporation, a non-profit organization, was established with a mission to provide affordable, full-service nursing and assisted living opportunities for the elderly citizens of its community and its surrounding areas. Operating under the name Exira Care Center Corporation dba Exira Care Center, this entity manages a nursing facility with 60 licensed beds and an assisted living facility with 32 licensed beds. The organization's purpose is to cater to the needs of the elderly population, offering them a supportive environment where they can live comfortably and receive necessary care.
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Impact
July, 2024
Exira Care Center Corporation's impact is significant in providing affordable full-service nursing and assisted living opportunities to the elderly citizens of Exira, Iowa, and surrounding communities. Through its operation of a 60 licensed bed nursing facility and a 32 licensed bed assisted living facility, the organization plays a vital role in meeting the care needs of the elderly population in the area. The care center's focus on human services underscores its commitment to supporting and enhancing the quality of life for seniors in the community.
This information is meant to be a general summary of Exira Care Center 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 2023.
- Investment Income: $1,151
- Program Service Revenue: $4,576,676
- Gross Receipts: $4,627,446
Assets and Liabilities:
- Total Assets: $15,613,013
- Total Liabilities: $13,665,095
- Net Assets: $1,947,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$4,438,951
ANCILLARY SERVICE
Revenue
$137,725
Organization Details
Principal Officer
Steven Fister
NTEE Category
Code: P20 - Human services
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