Overview
What is Alvarium Healthcare Inc?
Alvarium Healthcare Inc, located in Reading, Pennsylvania, is a dedicated nonprofit organization. Their primary mission is to offer residential habilitation services to individuals with intellectual and developmental disabilities. This includes round-the-clock care in a community home setting. The organization's activities and mission revolve around providing treatment, support, and care for these individuals, aiming to enhance their quality of life. Alvarium Healthcare Inc operates within the limits of Pennsylvania, contributing to the well-being of those in need through its services.
Official website here: www.alvariumhc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Star rating (73%)
Alvarium Healthcare Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operational practices and governance. While the organization scores well in several areas such as its financial statements audit and oversight committee and conflict of interest policies, its overall accountability and finance score is moderate. Notably, the lack of independent board members raises concerns about governance and oversight.
Strengths of Alvarium Healthcare Inc include a strong program expense ratio, showing that a significant portion of its budget is directed towards its programs. The organization also demonstrates good practices in areas such as document retention and destruction policies, which are important for transparency. However, the absence of a tax form posted on its website and a poor liabilities to assets ratio are significant drawbacks.
In conclusion, while Alvarium Healthcare Inc has established various strengths, its governance structure and financial management practices require attention. Enhancing its board independence and addressing the issues highlighted in its financial scoring could help improve its overall rating and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Alvarium Healthcare Inc legitimate?
Alvarium Healthcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alvarium Healthcare 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: $0
For more financial information, click here
Official website here: www.alvariumhc.org
What is the mission statement of Alvarium Healthcare Inc?
Alvarium Healthcare Inc is committed to offering treatment, support, and care for individuals with intellectual disabilities. This mission is encapsulated in the provision of residential habilitation services, which are offered in a 24-hour community home setting. The organization's primary goal is to enhance the lives of these individuals, providing them with a supportive environment that fosters their growth and well-being. The services offered aim to empower these individuals, enabling them to lead fulfilling lives with dignity and independence. Alvarium Healthcare Inc is dedicated to creating an environment that promotes understanding, acceptance, and respect for individuals with intellectual disabilities, fostering a sense of belonging and community.
Official website here: www.alvariumhc.org
Who is the CEO of Alvarium Healthcare Inc?
Jason R Smith is the CEO of Alvarium Healthcare Inc The CEO's salary of Alvarium Healthcare Inc is $33,359 and their total compensation is $302,103.
Official website here: www.alvariumhc.org
What is the revenue of Alvarium Healthcare Inc?
Alvarium Healthcare Inc's revenue in 2023 was $3,805,855.
Official website here: www.alvariumhc.org
Who are the executives of Alvarium Healthcare Inc and what are their salaries?
There 3 volunteers at Alvarium Healthcare Inc.
Here are 15 key members and their salaries (Alvarium Healthcare Inc's CEO's salary is $33,359 and their total compensation is $302,103):
- Compensation: $12,704
- Related: $1,284,116
- Other: $10,605
- Compensation: $0
- Related: $556,616
- Other: $9,172
- Compensation: $33,359
- Related: $258,120
- Other: $10,624
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $243,511
- Other: $13,016
- Compensation: $23,947
- Related: $940,060
- Other: $8,597
- Compensation: $3,020
- Related: $230,751
- Other: $13,165
- Compensation: $12,575
- Related: $271,604
- Other: $1,307
- Compensation: $5,987
- Related: $228,971
- Other: $1,717
- Compensation: $9,966
- Related: $222,507
- Other: $5,208
- Compensation: $0
- Related: $202,500
- Other: $0
- Compensation: $0
- Related: $190,257
- Other: $0
- Compensation: $0
- Related: $107,866
- Other: $2,014
Official website here: www.alvariumhc.org
Where can I find the form 990 for Alvarium Healthcare Inc?
Alvarium Healthcare Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alvariumhc.org
Learn more at the official website: www.alvariumhc.org
Mission Statement of Alvarium Healthcare Inc
Alvarium Healthcare Inc, as a mission-driven organization, is committed to providing treatment, support, and care for individuals with intellectual disabilities. This nonprofit focuses on offering residential habilitation services, ensuring that these individuals receive round-the-clock care in a community home setting. The aim is to empower and enhance their daily living skills, thereby improving their overall quality of life. By providing this critical support, Alvarium Healthcare Inc contributes to fostering a more inclusive and supportive society for individuals with intellectual disabilities.
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Impact
July, 2024
Alvarium Healthcare Inc's impact lies in its meaningful provision of treatment, support, and care for persons with intellectual disabilities, particularly through its residential habilitation services offered in a 24-hour community home setting. By focusing on this crucial aspect of healthcare, Alvarium Healthcare Inc is actively working towards improving the quality of life for intellectually and developmentally disabled individuals in Reading, PA. Its dedicated mission is centered around providing comprehensive treatment and support for this particular population, showcasing a commitment to enhancing the overall well-being and opportunities available to those with intellectual disabilities.
This information is meant to be a general summary of Alvarium Healthcare 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 2023.
- Program Service Revenue: $3,679,254
- Gross Receipts: $3,805,855
Assets and Liabilities:
- Total Assets: $1,699,870
- Total Liabilities: $2,650,325
- Net Assets: -$950,455
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Contract Revenue
Revenue
$2,500,171
Room & Board
Revenue
$1,159,135
Fees for Services
Revenue
$19,948
Organization Details
Founding Year
2018
Principal Officer
Jason Smith
Website
www.alvariumhc.orgNTEE Category
Code: P82 - Human services
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