Overview
What is Chateau De Notre Dame Facilities Corporation?
Chateau De Notre Dame Facilities Corporation, a 501(C)(3) organization, acts as a supporting entity for CommCare Corporation, a Louisiana-based nonprofit. Its primary role involves owning, managing, and financing the real estate for Chateau De Notre Dame Community Care Center and Wynhoven Community Care Center, two HUD-insured nursing homes. These facilities are operated by CommCare Corporation, the organization it supports. The mission of CommCare Corporation is to lead innovatively in healthcare service delivery and foster a learning environment for dedicated caregivers.
Official website here: www.commcare.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 69%, Two-Star out of Four Star rating.
Chateau De Notre Dame Facilities Corporation has received a Two-Star rating, indicating that while the organization has some strengths, there are notable areas for improvement. The accountability and finance score of 69% suggests that the organization is performing adequately but lacks some transparency and efficiency compared to higher-rated charities. Notably, the organization has a high program expense ratio of 98.12%, which indicates that a significant portion of funds is directed towards its programs rather than administrative costs.
One of the positive aspects highlighted is the presence of a conflict of interest policy and a whistleblower policy, both of which are essential for maintaining ethical governance. Additionally, the organization has a majority of independent board members, which is a positive sign for oversight and accountability. However, the independent board size is small, consisting of only 2 independent members, which raises concerns about the diversity of perspectives in decision-making processes.
A key limitation noted is the liabilities to assets ratio of 82.44%, which may indicate financial strain or a potential risk in the organization's ability to meet its obligations. While the charity maintains good practices in document retention and board meeting documentation, the overall financial health and governance structure suggest that stakeholders should be aware of these challenges.
This AI summary has been generated from information found on Charity Navigator.
Is Chateau De Notre Dame Facilities Corporation legitimate?
Chateau De Notre Dame Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chateau De Notre Dame Facilities 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: $0
For more financial information, click here
Official website here: www.commcare.com
What is the mission statement of Chateau De Notre Dame Facilities Corporation?
Chateau De Notre Dame Facilities Corporation, as a 501(C)(3) organization, serves as a supporting entity for CommCare Corporation, a non-profit in Louisiana. Its primary role is to manage and maintain the property of two nursing homes, Chateau De Notre Dame Community Care Center and Wynhoven Community Care Center, providing them with long-term fixed-rate financing. CommCare Corporation, the organization it supports, is committed to being an innovative leader in delivering quality healthcare services and fostering a learning environment for dedicated caregivers. The mission of Chateau De Notre Dame Facilities Corporation, however, is not explicitly stated in the provided information.
Official website here: www.commcare.com
Who is the CEO of Chateau De Notre Dame Facilities Corporation?
Michael Ford is the Director of Chateau De Notre Dame Facilities Corporation.
Official website here: www.commcare.com
What is the revenue of Chateau De Notre Dame Facilities Corporation?
Chateau De Notre Dame Facilities Corporation's revenue in 2023 was $2,169,397.
Official website here: www.commcare.com
Who are the executives of Chateau De Notre Dame Facilities Corporation and what are their salaries?
There 3 volunteers at Chateau De Notre Dame Facilities Corporation.
Here are 6 key members and their salaries:
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Official website here: www.commcare.com
Where can I find the form 990 for Chateau De Notre Dame Facilities Corporation?
Chateau De Notre Dame Facilities Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.commcare.com
Learn more at the official website: www.commcare.com
Mission Statement of Chateau De Notre Dame Facilities Corporation
Chateau De Notre Dame Facilities Corporation, as a 501(c)(3) organization, serves as a Type I supporting organization for CommCare Corporation, a Louisiana-based non-profit. Its primary role is to own, manage, and maintain the property, and provide long-term fixed-rate financing to Chateau De Notre Dame Community Care Center and Wynhoven Community Care Center, two HUD-insured nursing homes. These nursing homes, operated by CommCare Corporation, are dedicated to delivering skilled nursing care services.
The mission of Chateau De Notre Dame Facilities Corporation aligns with that of CommCare Corporation, which is to be an innovative leader in the development and delivery of quality health care services. CommCare Corporation is committed to fostering a learning environment that attracts and develops dedicated caregivers. By supporting the nursing homes, Chateau De Notre Dame Facilities Corporation contributes to this mission, ensuring that these facilities have the necessary resources to provide high-quality care to their patients. The corporation's support enables CommCare Corporation to continue operating the skilled nursing facilities, thereby meeting the health care needs of the community.
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Impact
July, 2024
Chateau De Notre Dame Facilities Corporation, as a supporting organization of CommCare Corporation, plays a vital role in owning, operating, and maintaining the real estate assets that support Chateau De Notre Dame Community Care Center and Wynhoven Community Care Center. By providing long-term fixed-rate financing and support to these nursing care facilities, CDND FC contributes to the provision of quality healthcare services in Mandeville, LA. Through its purposeful support and strategic investments, CDND FC helps ensure the continuity and sustainability of these important healthcare institutions, ultimately impacting the well-being of individuals in need of skilled nursing care.
This information is meant to be a general summary of Chateau De Notre Dame Facilities 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: $4,970
- Program Service Revenue: $2,064,493
- Gross Receipts: $2,169,397
Assets and Liabilities:
- Total Assets: $27,491,740
- Total Liabilities: $28,563,230
- Net Assets: -$1,071,490
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,064,493
Organization Details
Founding Year
2016
Phone
(504) 227-3600Principal Officer
Michael Ford
Main Address
950 W CAUSEWAY APPROACH, MANDEVILLE, LA, 70471
Website
www.commcare.comNTEE Category
Code: X22 - Religion related
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