Overview
What is Ecumen?
Ecumen is a Minnesota-based nonprofit organization primarily focused on owning, operating, managing, and supporting senior living and healthcare communities. They provide a continuum of care for seniors, offering various levels of residential living and skilled nursing, as well as community-based programs and services such as home health care and outpatient therapies. Ecumen manages and owns 39 healthcare and other facilities, including 12 subsidized housing projects, while an additional 19 facilities are managed for third-party owners. Their mission is to create homes for older adults, wherever they choose to live. As of December 31, 2022, they employ over 3,000 individuals.
Official website here: www.ecumen.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Ecumen has earned an 81% rating from Charity Navigator, reflecting a strong emphasis on accountability and finance. This score is derived solely from their accountability practices, which include a fully independent board and robust financial oversight mechanisms. The organization demonstrates effective governance with high scores in areas such as independent board member representation and a commitment to ethical financial practices.
The nonprofit's financial health is notable, with a program expense ratio of 79.14%, indicating that a significant majority of its expenses are directed towards its programs. This suggests a commitment to utilizing funds effectively to further its mission. The organization has also established various policies to ensure transparency and accountability, such as conflict of interest and whistleblower policies.
While the overall rating is commendable, it's important to consider the high compensation for some key positions within the organization, which may raise concerns for some donors about executive pay relative to the organization's mission. However, the strong scores in governance and financial management suggest that Ecumen is focused on maintaining transparency and accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ecumen legitimate?
Ecumen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecumen 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: $1,785,886
Professional Fundraising Fees: $0
Other Salaries and Wages: $79,413,166
For more financial information, click here
Official website here: www.ecumen.org
What is the mission statement of Ecumen?
Ecumen is a non-profit organization dedicated to creating homes for older adults, regardless of where they choose to live. This Minnesota-based corporation operates, manages, and supports senior living and healthcare communities. Its continuum of care encompasses various levels of residential living and skilled nursing, as well as community-based programs and services such as home health care and outpatient therapies. As of December 31, 2022, Ecumen and its affiliates owned or leased 39 healthcare and other facilities, including 12 subsidized housing projects. Moreover, 19 more healthcare and facilities were managed for unrelated third-party owners.
Official website here: www.ecumen.org
Who is the CEO of Ecumen?
Shelley Kendrick is the CEO of Ecumen The CEO's salary of Ecumen is $490,367 and their total compensation is $540,172.
Official website here: www.ecumen.org
What is the revenue of Ecumen?
Ecumen's revenue in 2023 was $164,500,404.
Official website here: www.ecumen.org
Who are the executives of Ecumen and what are their salaries?
The average compensation at Ecumen during 2023 was $24,181. There are 3358 employees and 500 volunteers at Ecumen.
Here are 24 key members and their salaries (Ecumen's CEO's salary is $490,367 and their total compensation is $540,172):
- Compensation: $490,367
- Related: $0
- Other: $49,805
- Compensation: $293,673
- Related: $0
- Other: $48,936
- Compensation: $323,390
- Related: $0
- Other: $16,321
- Compensation: $293,045
- Related: $0
- Other: $26,862
- Compensation: $241,939
- Related: $0
- Other: $7,653
- Compensation: $160,186
- Related: $0
- Other: $45,118
- Compensation: $156,638
- Related: $0
- Other: $50,612
- Compensation: $195,148
- Related: $0
- Other: $53,238
- Compensation: $166,844
- Related: $0
- Other: $42,572
- Compensation: $170,685
- Related: $0
- Other: $16,581
- Compensation: $0
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- Other: $0
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Official website here: www.ecumen.org
Where can I find the form 990 for Ecumen?
Ecumen's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ecumen.org
Learn more at the official website: www.ecumen.org
Mission Statement of Ecumen
Ecumen, a Minnesota-based nonprofit corporation, is devoted primarily to creating homes for older adults, tailoring to their preferred living arrangements. This organization operates and manages senior living and healthcare communities, providing a continuum of care that caters to various levels of residential living and skilled nursing, in addition to other community-based programs and services such as home health care and outpatient therapies. As of December 31, 2022, Ecumen and its affiliates owned or leased 39 healthcare and other facilities, which includes 12 U.S. Department of Housing and Urban Development subsidized housing projects. An extra 19 healthcare and other facilities were managed for unrelated third-party owners. In essence, Ecumen is committed to offering older adults a range of living options, ensuring they receive the necessary care and support to thrive in their golden years.
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Impact
October, 2024
Ecumen significantly impacts the quality of life for older adults by providing them with the opportunity to create homes in environments that suit their preferences and needs. By offering a diverse continuum of care, including various levels of residential living, skilled nursing, and community-based programs, Ecumen ensures that seniors have access to the support and resources required to live fulfilling lives.
With 39 healthcare and other facilities owned or leased, alongside managing 19 more, Ecumen’s extensive network enhances accessibility to housing and services tailored to older adults. Their commitment to HUD-subsidized projects reflects a dedication to affordable living options, addressing the financial challenges many seniors face.
By prioritizing individualized care and community integration, Ecumen not only promotes independence among seniors but also fosters social connections, which are crucial for overall well-being. Their holistic approach embodies the belief that everyone deserves a place to call home, making a lasting difference in the communities they serve.
This information is meant to be a general summary of Ecumen. 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.
- Investment Income: $882,512
- Program Service Revenue: $157,958,378
- Gross Receipts: $181,429,401
Assets and Liabilities:
- Total Assets: $302,410,009
- Total Liabilities: $283,147,460
- Net Assets: $19,262,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSISTED LIVING FEES
Revenue
$78,964,862
NURSING REVENUE
Revenue
$64,012,958
MANAGEMENT FEES
Revenue
$10,595,217
MEAL REVENUE
Revenue
$3,665,809
OTHER OPERATING FEES
Revenue
$679,331
Organization Details
Founding Year
1923
Principal Officer
Shelley Kendrick
Website
www.ecumen.orgNTEE Category
Code: P75 - Human services
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