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Paramount Community Living And Rehab Inc

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

EIN: 834703245 ✦ Newton, KS ✦ Designated as a 501(c)(3)

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Overview

What is Paramount Community Living And Rehab Inc?

Paramount Community Living and Rehab Inc, situated in Newton, Kansas, is a nonprofit organization dedicated to catering to the elderly. They offer a comprehensive retirement community, encompassing a skilled nursing facility, an assisted living facility, and 69 independent living units. The primary mission of this organization is to provide a supportive environment for the elderly, ensuring they receive the necessary care and assistance to maintain their independence. With a workforce of 291 individuals, Paramount Community Living and Rehab Inc strives to enhance the quality of life for the elderly, offering them a secure and nurturing environment.

What are the reviews and ratings of this charity?

Paramount Community Living And Rehab Inc is not currently rated by Charity Navigator due to the absence of specific beacon scores necessary for a comprehensive evaluation. The charity needs additional electronically filed IRS Form 990 data for a full assessment, particularly in the areas of Accountability & Finance. An absence of a rating should not be interpreted as either a positive or negative reflection of the organization.

Information available does indicate that the organization has only two years of necessary fiscal data electronically filed, which impacts its ability to gain a complete evaluation. Paramount Community Living And Rehab Inc appears to operate independently and maintains a financial structure wherein it receives minimal support from investment income and unrelated business income.

Currently, Paramount Community Living And Rehab Inc does not have any user reviews on GreatNonprofits. This absence limits the availability of community-driven feedback regarding the organization's impact and effectiveness from the perspective of those it serves or interacts with.


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

Is Paramount Community Living And Rehab Inc legitimate?

Paramount Community Living And Rehab Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paramount Community Living And Rehab 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: $400,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,755,543

For more financial information, click here

What is the mission statement of Paramount Community Living And Rehab Inc?

Paramount Community Living and Rehab Inc. is committed to establishing a retirement community, encompassing a skilled nursing facility, an assisted living facility, and 69 independent living units, primarily catering to the elderly population. The organization's mission is centered around providing skilled nursing care, assisted living services, and independent living units for the elderly, ensuring they maintain a comfortable and supported living environment.

Who is the CEO of Paramount Community Living And Rehab Inc?

Jacob Walden is the Director of Paramount Community Living And Rehab Inc.

What is the revenue of Paramount Community Living And Rehab Inc?

Paramount Community Living And Rehab Inc's revenue in 2022 was $11,670,172.

Who are the executives of Paramount Community Living And Rehab Inc and what are their salaries?

The average compensation at Paramount Community Living And Rehab Inc during 2022 was $21,153. There are 291 employees at Paramount Community Living And Rehab Inc.


Here are 3 key members and their salaries:


Jacob Walden (Director)
  • Compensation: $140,000
  • Related: $0
  • Other: $0
Yisroel Chafetz (Director)
  • Compensation: $133,000
  • Related: $0
  • Other: $0
Efram Lahasky (Director)
  • Compensation: $127,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Paramount Community Living And Rehab Inc?

Paramount Community Living And Rehab Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Paramount Community Living And Rehab Inc

Paramount Community Living and Rehab Inc is dedicated to establishing a retirement community, encompassing a skilled nursing facility, an assisted living facility, and 69 independent living units, primarily catering to the elderly. Their mission is to provide these facilities, ensuring skilled nursing care and assisted living services for the elderly, while also offering independent living units. This retirement community aims to offer a sense of security and comfort to its elderly residents, providing them with the care and support they need during their golden years.

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Impact




July, 2024

Paramount Community Living And Rehab Inc provides a vital service by offering a retirement community that includes a skilled nursing facility, assisted living facility, and independent living units for the elderly in Newton, Kansas. Its impact can be seen in the improved quality of life and care provided to elderly residents who require skilled nursing care, assisted living services, and independent living options. Through its mission to provide a comprehensive retirement community, Paramount Community Living And Rehab Inc contributes to the well-being and comfort of its elderly residents, ensuring they receive the support and care they need in a compassionate and safe environment.




This information is meant to be a general summary of Paramount Community Living And Rehab 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
$11,670,172 (2022)
Expenses
$11,666,795 (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: $11,668,922
  • Gross Receipts: $11,670,172

Assets and Liabilities:

  • Total Assets: $9,211,796
  • Total Liabilities: $7,704,210
  • Net Assets: $1,507,586

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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

$11,668,922

Organization Details

Founding Year

2020

Principal Officer

Jacob Walden

Main Address

200 SW 14th Street, Newton, KS, 67114

NTEE Category

Code: L22 - Housing

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