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Somerset Senior Living At Premier

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

EIN: 823434094 ✦ Benton, AR ✦ Designated as a 501(c)(3)

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Overview

What is Somerset Senior Living At Premier?

Somerset Senior Living At Premier is a nonprofit organization situated in Benton, Arkansas. It collaborates with Community Compassion Centers of Arkansas (CCCA) to establish a network of nursing facilities, offering long-term care for the elderly, infirm, and medically disabled individuals. Embracing a person-centered approach, known as the culture change model, the organization empowers elders and staff to collaborate in establishing choices, autonomy, dignity, and self-determination for the individuals they serve. By focusing on compassionate healthcare that caters to the physical, social, recreational, healthcare, and transportation needs of the elderly, Somerset Senior Living At Premier strives to enhance the quality of life for its residents, ultimately aiming to increase the availability and quality of healthcare in their respective communities. In 2022, they served an average of 100 residents monthly. The organization employs 148 individuals.

What are the reviews and ratings of this charity?

Charity Navigator rating: 71%, Two-Star out of Four Star rating.

Somerset Senior Living At Premier has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 71% in this category, the organization demonstrates strengths in areas such as its liabilities to assets ratio and program expense ratio, which reflect a stable financial position and effective use of funds for its programs.

However, the organization has notable weaknesses that could impact its overall transparency and governance. The absence of independent board members and the lack of financial statements on its website significantly detract from its accountability score. Additionally, while it maintains some compliance policies like conflict of interest and whistleblower policies, the failure to post tax forms on the nonprofit's website raises concerns about transparency.

In summary, while Somerset Senior Living At Premier has certain strengths in financial management and compliance, its overall performance suggests room for improvement in governance and transparency, which are critical for building trust with stakeholders and donors.


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

Is Somerset Senior Living At Premier legitimate?

Somerset Senior Living At Premier is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset Senior Living At Premier 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: $95,568
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,189,100

For more financial information, click here

What is the mission statement of Somerset Senior Living At Premier?

The organization, Somerset Senior Living At Premier, is dedicated to delivering comprehensive healthcare for the elderly, addressing their physical, social, recreational, healthcare, and transportation needs in a non-traditional long-term care setting. They employ a person-centered care model, known as the "culture change" model, which empowers both the elderly individuals and the staff to collaborate in establishing choices that promote autonomy, dignity, and self-determination. The mission of Somerset Senior Living At Premier is to enhance the availability and quality of healthcare in its respective communities, aiming to improve health outcomes and enhance the quality of life for the elderly. In 2022, the organization served an average of 100 residents monthly.

Who is the CEO of Somerset Senior Living At Premier?

Danny Weaver is the Director of Somerset Senior Living At Premier.

What is the revenue of Somerset Senior Living At Premier?

Somerset Senior Living At Premier's revenue in 2022 was $2,898,872.

Who are the executives of Somerset Senior Living At Premier and what are their salaries?

The average compensation at Somerset Senior Living At Premier during 2022 was $8,680. There are 148 employees and 3 volunteers at Somerset Senior Living At Premier.


Here are 6 key members and their salaries:


David Black (Member Rep)
  • Compensation: $0
  • Related: $156,000
  • Other: $0
Danny Weaver (Director)
  • Compensation: $35,500
  • Related: $0
  • Other: $20,386
Kimberly Howard (Director)
  • Compensation: $23,095
  • Related: $0
  • Other: $16,587
Bill Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Grayson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Somerset Senior Living At Premier?

Somerset Senior Living At Premier's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Somerset Senior Living At Premier

Somerset Senior Living At Premier is committed to delivering compassionate healthcare that caters to the diverse needs of the elderly. This includes their physical, social, recreational, healthcare, and transportation requirements. The organization operates within the framework of the "culture change" or "person-centered" care model, which aims to empower both the elderly individuals and the staff to collaboratively establish pathways that promote choice, autonomy, dignity, and self-determination. Somerset Senior Living At Premier collaborates with Community Compassion Centers of Arkansas (CCCA) to form a network of nursing facilities that serve as platforms for promoting, developing, and administering long-term care using this model. The goal is to enhance the availability and quality of healthcare in the respective communities, resulting in improved health outcomes and a better quality of life for the elderly. In 2022, Somerset Senior Living At Premier served an average of 100 residents monthly.

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Impact




July, 2024

Somerset Senior Living At Premier facilitates compassionate health care designed to meet the physical, social, recreational, health care, and transportation special needs of the elderly in Benton, AR. By working in conjunction with the Community Compassion Centers of Arkansas (CCCA), Somerset Senior Living at Premier forms a network of nursing facilities that promote, develop, and administer culture change and person-centered long-term care for ill, infirm, medically disabled, and elderly individuals. This model empowers elders and staff to participate in decision-making, leading to increased autonomy, dignity, and self-determination. By providing affordable skilled nursing and rehabilitative care in a non-traditional long-term care environment, the organization enhances the availability and quality of healthcare, ultimately improving health outcomes and quality of life for the elderly community.




This information is meant to be a general summary of Somerset Senior Living At Premier. 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
$2,898,872 (2022)
Expenses
$2,736,298 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$434,866
  • Program Service Revenue: $2,786,691
  • Gross Receipts: $3,336,910

Assets and Liabilities:

  • Total Assets: $2,515,615
  • Total Liabilities: $251,618
  • Net Assets: $2,263,997

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Programs

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

Patient Care Revenue

Revenue

$2,786,691

Organization Details

Founding Year

2017

Principal Officer

Danny Weaver

Main Address

PO Box 2547, Benton, AR, 72018

NTEE Category

Code: P75 - Human services

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