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Foss Home & Village

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

EIN: 910573114 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Foss Home & Village?

Foss Home & Village is a Seattle, Washington-based nursing home and assisted living facility that caters to 299 residents in need of nursing care and assistance with daily living activities. The organization generates 70% of its revenue from Medicare and Medicaid, with the remaining coming from private payers. Foss Home & Village offers essential services to support the health and well-being of its residents, focusing on nursing home and assisted living care.


Official website here: www.fosscare.org

What are the reviews and ratings of this charity?

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

Foss Home & Village has received an 81% rating from Charity Navigator, indicating a solid performance primarily in the area of Accountability & Finance. The organization has demonstrated strong governance practices, with 100% of its board members being independent. This reflects a commitment to ethical oversight and transparency within its operations.

The organization also exhibits excellent financial health, as evidenced by a program expense ratio of 76.70%, which suggests that a significant portion of its expenses is directed towards its mission rather than administrative costs. Furthermore, Foss Home & Village has established essential policies regarding conflicts of interest, whistleblower protections, and document retention, contributing to its overall accountability.

While the organization scores well, the rating also focuses exclusively on financial accountability, with no scores reported for other areas of performance. This limitation suggests that while Foss Home & Village is financially sound, potential donors may want to seek additional information about its program effectiveness and overall impact on the community.


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

Is Foss Home & Village legitimate?

Foss Home & Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foss Home & Village 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: $276,087
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,449,959

For more financial information, click here


Official website here: www.fosscare.org

What is the mission statement of Foss Home & Village?

Foss Home & Village is a dedicated facility that offers nursing home and assisted living care to 299 residents. With a significant portion of their revenue coming from Medicare and Medicaid, they cater to a diverse group of individuals in need of their services. Their mission revolves around providing essential care and support, enabling their residents to live comfortably and with dignity. They prioritize the health and well-being of their residents, focusing on both their physical and emotional needs. Their team of caregivers is committed to fostering an environment that promotes independence and empowers each resident to reach their fullest potential. Additionally, they strive to maintain a strong sense of community within their facility, fostering connections and camaraderie among their residents.


Official website here: www.fosscare.org

Who is the CEO of Foss Home & Village?

R Kevin Mcfeely is the CEO of Foss Home & Village The CEO's salary of Foss Home & Village is $0 and their total compensation is $533,379.


Official website here: www.fosscare.org

What is the revenue of Foss Home & Village?

Foss Home & Village's revenue in 2023 was $27,385,022.


Official website here: www.fosscare.org

Who are the executives of Foss Home & Village and what are their salaries?

The average compensation at Foss Home & Village during 2023 was $46,529. There are 295 employees and 65 volunteers at Foss Home & Village.

Here are 15 key members and their salaries (Foss Home & Village's CEO's salary is $0 and their total compensation is $533,379):


R Kevin Mcfeely (President/Ceo)
  • Compensation: $0
  • Related: $493,378
  • Other: $40,001
Banafsheh Baharloo Rn (Nurse)
  • Compensation: $218,215
  • Related: $0
  • Other: $15,236
Ayenew Aemero Lpn (Nurse)
  • Compensation: $211,148
  • Related: $0
  • Other: $19,196
Gebru Tezera Lpn (Nurse)
  • Compensation: $185,337
  • Related: $0
  • Other: $12,171
Solomon G-Kidane Lpn (Nurse)
  • Compensation: $177,906
  • Related: $0
  • Other: $12,024
Laura Molzahn (Executive Director)
  • Compensation: $141,591
  • Related: $0
  • Other: $46,275
Milagros Almazan (Nurse)
  • Compensation: $161,681
  • Related: $0
  • Other: $16,600
Todd M Hegerman (Director Of Financial Services)
  • Compensation: $88,221
  • Related: $0
  • Other: $0
Jeffrey West Rn (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Wildes (Vice Chair (Through April 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Yari (Director & Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beverly Roach (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Chick (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Bruce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Johanssen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fosscare.org

Where can I find the form 990 for Foss Home & Village?

Foss Home & Village's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.fosscare.org

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

Mission Statement of Foss Home & Village

Foss Home & Village, a renowned Nursing Home and Assisted Living Facility, is committed to delivering quality nursing home and assisted living care to 299 residents/patients. The organization's mission lies in providing essential care and support to its residents, with 70% of its revenue coming from Medicare and Medicaid.

Located in Seattle, Washington, Foss Home & Village goes above and beyond in catering to the unique needs of its residents. The dedicated team at Foss Home & Village strives to create an environment where each resident can thrive, ensuring they receive the best possible care and attention. By focusing on both nursing home and assisted living services, the facility offers various levels of care to accommodate diverse needs.

The financial foundation of Foss Home & Village is built on a balanced revenue structure, with a substantial portion sourced from Medicare and Medicaid. This financial support enables the organization to prioritize its mission and focus on providing exceptional care to those in need. The remaining revenue comes from private payers, further strengthening the organization's financial stability and commitment to serving its community.

In summary, Foss Home & Village stands as a trusted and dedicated Nursing Home and Assisted Living Facility, devoted to enhancing the lives of its 299 residents by delivering high-quality care, supported by a balanced financial structure.

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Impact




October, 2024

Foss Home & Village plays a crucial role in the Seattle community by providing essential nursing home and assisted living services to 299 residents. By catering to the needs of elderly and disabled individuals, it enhances the quality of life for its residents, ensuring they receive the necessary medical care and support. With a significant portion of its service revenue coming from Medicare and Medicaid, Foss Home & Village makes its services accessible to those who might not otherwise afford such care, ensuring that vulnerable populations have a safe and supportive living environment. Additionally, the facility serves as a cornerstone for family members, offering peace of mind knowing their loved ones are receiving compassionate and professional care. Through its mission, Foss Home & Village not only addresses immediate health and housing needs but also fosters a sense of community and belonging among its residents.




This information is meant to be a general summary of Foss Home & Village. 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
$27,385,022 (2023)
Expenses
$27,241,658 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$959
  • Program Service Revenue: $22,956,414
  • Gross Receipts: $27,576,030

Assets and Liabilities:

  • Total Assets: $11,552,384
  • Total Liabilities: $5,570,489
  • Net Assets: $5,981,895

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Programs

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

RESIDENT FEES

Revenue

$22,956,414

Organization Details

Founding Year

1929

Principal Officer

R Kevin Mcfeely

NTEE Category

Code: L22 - Housing

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