Overview
What is Providence Senior Living Inc?
Providence Senior Living Inc, specifically its facility Legacy Village of Cleveland, is a dedicated nonprofit organization situated in Cleveland, Tennessee. Their primary mission is to serve and honor the elderly generation with respect, integrity, faith, and honor, offering assisted living and Alzheimer's care services. Despite the challenges posed by the COVID-19 pandemic, Legacy Village of Cleveland maintained a high occupancy rate, exceeding 97% in 2022. With a committed workforce of 157 individuals, this organization continues to be the preferred choice in the community for senior care services.
Official website here: www.legacycleveland.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
Providence Senior Living Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and financial management. The charity's overall score is derived solely from its accountability and finance metrics, showcasing a strong performance in areas like board independence and the absence of material asset diversion.
Strengths of the organization include a fully independent board and robust financial oversight mechanisms, indicated by high scores in areas such as independent board size and financial statement audits. Additionally, the organization maintains transparency with its financial documents, which are accessible on its website.
However, there are notable limitations, particularly concerning the absence of a whistleblower policy, which could impact the organization's overall governance practices. Despite this, the charity's high program expense ratio indicates a commitment to directing resources toward its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Providence Senior Living Inc legitimate?
Providence Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Senior Living 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,834,331
For more financial information, click here
Official website here: www.legacycleveland.net
What is the mission statement of Providence Senior Living Inc?
Providence Senior Living Inc's mission is centered around serving the elderly generation with honor, respect, faith, and integrity. They focus on providing assisted living and Alzheimer's care services, aiming to make a significant impact in addressing a pressing need. Despite the challenges posed by the COVID-19 pandemic, their facility, such as Legacy Village of Cleveland, has remained a trusted choice for seniors, with an occupancy rate consistently above 97% in 2022. This high occupancy rate is a testament to the strong leadership and commitment to excellence within Providence Senior Living Inc.
Official website here: www.legacycleveland.net
Who is the CEO of Providence Senior Living Inc?
Barry A Ray is the President of Providence Senior Living Inc.
Official website here: www.legacycleveland.net
What is the revenue of Providence Senior Living Inc?
Providence Senior Living Inc's revenue in 2022 was $4,844,951.
Official website here: www.legacycleveland.net
Who are the executives of Providence Senior Living Inc and what are their salaries?
The average compensation at Providence Senior Living Inc during 2022 was $11,684. There are 157 employees and 40 volunteers at Providence Senior Living Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.legacycleveland.net
Where can I find the form 990 for Providence Senior Living Inc?
Providence Senior Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legacycleveland.net
Learn more at the official website: www.legacycleveland.net
Mission Statement of Providence Senior Living Inc
Providence Senior Living Inc, with a deep sense of honor, respect, faith, and integrity, is committed to serving the 'Greatest Generation' by offering assisted living and Alzheimer's care services. Their mission is rooted in the desire to make a significant impact, addressing a pressing need. Despite the challenges posed by the COVID-19 pandemic, Legacy Village of Cleveland, a facility under Providence Senior Living Inc, maintained a high level of trust among seniors, with an occupancy rate above 97% in 2022. The strong leadership and commitment to excellence at Legacy Village of Cleveland have solidified its position as the preferred choice within the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Providence Senior Living Inc, operating under the name Legacy Village of Cleveland in Tennessee, has a significant impact on the community by providing assisted living and Alzheimer's care services to the greatest generation. Despite the challenges posed by the ongoing COVID-19 pandemic, Legacy Village of Cleveland maintained high occupancy rates, demonstrating the trust and confidence seniors place in their services. Through strong leadership and a commitment to excellence, Legacy Village of Cleveland stands out as the facility of choice in the community, making a positive impact on the lives of seniors and their families.
This information is meant to be a general summary of Providence Senior Living 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: $1,097
- Program Service Revenue: $4,359,866
- Gross Receipts: $4,844,951
Assets and Liabilities:
- Total Assets: $7,994,434
- Total Liabilities: $8,043,566
- Net Assets: -$49,132
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSISTED LIVING INCOME
Revenue
$4,359,866
Organization Details
Founding Year
2016
Phone
(423) 478-8070Principal Officer
Barry A Ray
Main Address
2235 CANDIES LANE NW, CLEVELAND, TN, 37312
Website
www.legacycleveland.netNTEE Category
Code: L22 - Housing
If you are a representative of Providence Senior Living Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.