Ihm Senior Living Community Inc

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

EIN: 822900699 ✦ Monroe, MI ✦ Designated as a 501(c)(3)

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Overview

What is Ihm Senior Living Community Inc?

Ihm Senior Living Community Inc is a Michigan-based nonprofit organization located at 610 West Elm Avenue, Monroe, with a total workforce of 162 employees. They operate a 58-bed skilled nursing facility, an independent living facility, and an assisted living facility with memory care. Ihm Senior Living Community is dedicated to fostering a vibrant community where each resident can thrive and establish meaningful relationships. Their mission is to provide a high-quality living environment for seniors, enabling them to lead fulfilling lives.


Official website here: www.ihmsisters.org

What are the reviews and ratings of this charity?

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

Ihm Senior Living Community Inc has achieved an 81% score on Charity Navigator, earning a Three-Star rating. This score is derived solely from the Accountability & Finance beacon, indicating a strong emphasis on financial health and governance. An accountability score of 81 reflects effective management practices and transparency in operations.

The organization demonstrates commendable governance, featuring a fully independent board comprised of 9 members, which enhances its credibility. It has received full marks for its financial oversight, including the presence of an Audit and Oversight Committee and policies for conflict of interest, whistleblower protection, and document retention. These factors signify a robust commitment to ethical practices and stakeholder trust.

On the operational side, Ihm Senior Living Community Inc has a high program expense ratio of 90.70%, indicating that the majority of its funds are directed towards its mission rather than administrative costs. While the financial aspects are strong, the summary does not provide insights into the community's services or impact, which could inform potential donors about the effectiveness of their contributions.


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

Is Ihm Senior Living Community Inc legitimate?

Ihm Senior Living Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ihm Senior Living Community 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: $205,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,557,391

For more financial information, click here


Official website here: www.ihmsisters.org

What is the mission statement of Ihm Senior Living Community Inc?

Ihm Senior Living Community Inc is dedicated to fostering an environment conducive to each resident's highest possible quality of life. They strive to create nurturing, caring relationships among residents. The organization operates a skilled nursing facility, independent living facility, and assisted living facility, including memory care. Their mission is centered around providing a vibrant atmosphere where loving connections can flourish.


Official website here: www.ihmsisters.org

Who is the CEO of Ihm Senior Living Community Inc?

Mary Jane Herb is the Director Of Health Care Center of Ihm Senior Living Community Inc.


Official website here: www.ihmsisters.org

What is the revenue of Ihm Senior Living Community Inc?

Ihm Senior Living Community Inc's revenue in 2022 was $15,007,251.


Official website here: www.ihmsisters.org

Who are the executives of Ihm Senior Living Community Inc and what are their salaries?

The average compensation at Ihm Senior Living Community Inc during 2022 was $29,400. There are 162 employees and 35 volunteers at Ihm Senior Living Community Inc.


Here are 11 key members and their salaries:


Nicole Kennedy (Director Of Health Care Center)
  • Compensation: $89,286
  • Related: $0
  • Other: $8,593
Christine Horney (Director Of Ihm Slc)
  • Compensation: $76,050
  • Related: $0
  • Other: $6,648
Jennifer Discher (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jane Herb (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Kopinski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosemary Abramovich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Cochran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Downey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Grenawitzke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Ryan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Zarb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ihmsisters.org

Where can I find the form 990 for Ihm Senior Living Community Inc?

Ihm Senior Living Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ihmsisters.org

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

Mission Statement of Ihm Senior Living Community Inc

Ihm Senior Living Community Inc is dedicated to creating an enriching environment where each resident can reach their highest potential for quality of life. By fostering an atmosphere of connection and care, the community strives to help its residents build loving, caring relationships with one another. Ihm Senior Living Community Inc's mission is brought to life through its various facilities, including a 58-bed skilled nursing facility, an independent living facility, and an assisted living facility, which also features memory care. The organization's commitment to its residents extends beyond the physical aspects of living, focusing on providing opportunities for meaningful connections and relationships among its community members.

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Impact




October, 2024

Ihm Senior Living Community Inc significantly enhances the quality of life for its residents by providing a nurturing environment that prioritizes personal connections and compassionate care. Operating a 58-bed skilled nursing facility alongside independent and assisted living options, including specialized memory care, the community focuses on fostering loving and supportive relationships among residents. This commitment creates a vibrant atmosphere where individuals can thrive socially and emotionally, ultimately achieving a higher quality of life. By addressing the diverse needs of seniors, Ihm Senior Living Community Inc plays a crucial role in promoting dignity, well-being, and community for its residents in Monroe, MI.




This information is meant to be a general summary of Ihm Senior Living Community 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.

Revenue
$15,007,251 (2022)
Expenses
$14,996,850 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $10,612,215
  • Gross Receipts: $15,007,251

Assets and Liabilities:

  • Total Assets: $3,181,677
  • Total Liabilities: $2,887,802
  • Net Assets: $293,875

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Programs

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

RESIDENT SERVICE REVENUE

Revenue

$10,522,452

BEAUTY SHOP REVENUE

Revenue

$58,242

ENTRANCE FEES

Revenue

$26,304

MEDICAID PAYMENTS

Revenue

$5,217

Organization Details

Founding Year

2017

Principal Officer

Mary Jane Herb

Main Address

610 WEST ELM AVENUE, MONROE, MI, 48162

NTEE Category

Code: P75 - Human services

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