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Pace North

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 814749395 ✦ Traverse city, MI ✦ Designated as a 501(c)(3)

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Overview

What is Pace North?

Pace North is a dedicated nonprofit organization based on delivering comprehensive, community-based long-term care to eligible seniors through the Program of All-Inclusive Care for the Elderly (PACE). Their mission involves providing coordinated, managed care to enhance the lives of participants. During the COVID-19 pandemic, they successfully supported over 65 individuals, ensuring their wellbeing.


Official website here: www.pacenorth.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Pace North has been rated with an 81% score by Charity Navigator, reflecting a commendable level of accountability and financial health. The organization boasts a fully independent board of directors, emphasizing transparency and governance. Their financial statements are audited with oversight, and they have established various policies such as conflict of interest and whistleblower protections, indicating a strong commitment to ethical management practices.

Additionally, Pace North excels in program expense management, with a program expense ratio of 78.52%, which suggests that a significant portion of their resources is directed towards their mission-driven activities. The organization has demonstrated an effective use of funds, further underscoring its operational efficiency.

While the overall rating is positive, ongoing transparency in financial reporting and maintaining strong governance practices will be essential for sustaining donor confidence and support. The absence of any material diversion of assets reinforces the organization's stability and integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Pace North legitimate?

Pace North is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pace North 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: $3,144,582

For more financial information, click here


Official website here: www.pacenorth.org

What is the mission statement of Pace North?

Pace North is dedicated to delivering comprehensive, long-term care to eligible individuals through the Program of All-Inclusive Care for the Elderly (PACE). This community-based organization focuses on coordinated and managed care to ensure the wellbeing of its participants. During the COVID-19 pandemic, Pace North successfully provided care and coordination for over 65 participants. Their mission revolves around being a provider of PACE, offering a community-based, long-term care solution to those in need. Their primary goal is to provide a comprehensive, coordinated approach to managing the health and care needs of those they serve.


Official website here: www.pacenorth.org

Who is the CEO of Pace North?

Nicole Farkas is the President of Pace North.


Official website here: www.pacenorth.org

What is the revenue of Pace North?

Pace North's revenue in 2022 was $13,537,801.


Official website here: www.pacenorth.org

Who are the executives of Pace North and what are their salaries?

The average compensation at Pace North during 2022 was $32,418. There are 97 employees at Pace North.


Here are 13 key members and their salaries:


Elizabeth Aderholdt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Korvyn Hansen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Coleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Mcnally (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Root (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Marios (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Kish (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Schlueter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Byland (Medical Director)
  • Compensation: $250,000
  • Related: $0
  • Other: $0
Mary John-Williams (Previous Executive Director)
  • Compensation: $0
  • Related: $106,870
  • Other: $0
John Jacobs (Finance Director)
  • Compensation: $85,000
  • Related: $0
  • Other: $0
Nicole Farkas (Executive Director)
  • Compensation: $0
  • Related: $118,000
  • Other: $0


Official website here: www.pacenorth.org

Where can I find the form 990 for Pace North?

Pace North's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pacenorth.org

Learn more at the official website: www.pacenorth.org

Mission Statement of Pace North

Pace North, a leading provider, is dedicated to delivering comprehensive, coordinated, and managed care to eligible individuals through the Program of All-Inclusive Care for the Elderly (PACE). This community-based, long-term care program aims to enhance the lives of participants by addressing their medical, social, and emotional needs under one umbrella. Pace North's mission is to serve as a trusted provider within this vital program, focusing on the unique requirements of its participants. During the unprecedented COVID-19 pandemic, Pace North successfully cared for and managed the care of more than 65 individuals, demonstrating its commitment and expertise in the field.

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Impact




October, 2024

Pace North significantly enhances the well-being of older adults by offering the Program of All-Inclusive Care for the Elderly (PACE) in Traverse City, MI. This program ensures that eligible participants receive comprehensive, coordinated, and managed care tailored to their individual needs.

During the COVID-19 pandemic, Pace North demonstrated its effectiveness by successfully caring for or coordinating care for over 65 participants, highlighting its vital role in the community during challenging times. By focusing on community-based long-term care delivery, Pace North helps elderly individuals maintain their independence while ensuring they receive the necessary medical and support services. This integrated approach not only improves the quality of life for participants but also fosters a sense of community and connection among them, which is essential for emotional and psychological health.




This information is meant to be a general summary of Pace North. 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.

Revenue
$13,537,801 (2022)
Expenses
$13,225,911 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,267
  • Program Service Revenue: $13,191,691
  • Gross Receipts: $13,537,801

Assets and Liabilities:

  • Total Assets: $9,110,414
  • Total Liabilities: $9,387,815
  • Net Assets: -$277,401

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program fees

Revenue

$13,191,691

Organization Details

Founding Year

2016

Principal Officer

Nicole Farkas

Main Address

2325 Garfield Rd N, Traverse City, MI, 49686

NTEE Category

Code: E32 - Health

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