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Providence Place Assisted Living Inc

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

EIN: 273481562 ✦ High point, NC ✦ Designated as a 501(c)(3)

Overview

What is Providence Place Assisted Living Inc?

Providence Place Assisted Living Inc, located in High Point, North Carolina, is a distinguished nonprofit organization dedicated to providing senior living services. Their mission is to cater to the housing and care needs of elderly adults with innovative programs and services, delivered with exceptional value. They prioritize personal and spiritual growth and development within a Christian environment. Their primary offerings include assisted living and memory care services, with a state-of-the-art facility spanning 55,170 square feet. The memory care center specializes in therapeutic care for Alzheimer's and dementia patients, offering both private and semi-private rooms, in addition to on-site physical therapy. During the year ending September 30, 2022, the organization served 92 residents through its assisted living facility. With a workforce of 97 individuals, Providence Place Assisted Living Inc strives to maximize functional abilities and foster a nurturing environment for its residents and program participants.


Official website here: www.providenceplacenc.com

Is Providence Place Assisted Living Inc legitimate?

Providence Place Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Providence Place Assisted Living 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.

Here are some key statistics you may want to consider:

Executive Compensation: $71,952
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,858,637

For more financial information, click here


Official website here: www.providenceplacenc.com

What is the mission statement of Providence Place Assisted Living Inc?

Providence Place Assisted Living Inc is committed to serving the housing and care needs of senior adults with innovative programs and services, delivered at an exceptional value. This mission emphasizes personal and spiritual growth and development for its residents. The organization provides housing and senior services through innovative models and state-of-the-art care systems. These systems aim to maximize the functional abilities and spiritual development of the residents, while offering primary services such as assisted living and memory care. The memory care center provides therapeutic care for Alzheimer's/dementia residents, with private and semi-private rooms, and on-site physical therapy. During the year ending September 30, 2022, 92 residents were served by the assisted living facility.


Official website here: www.providenceplacenc.com

Who is the CEO of Providence Place Assisted Living Inc?

Terry Miller is the President/Ceo of Providence Place Assisted Living Inc. The CEO's salary of Providence Place Assisted Living Inc is $0 and their total compensation is $78,907.


Official website here: www.providenceplacenc.com

What is the revenue of Providence Place Assisted Living Inc?

Providence Place Assisted Living Inc's revenue in 2022 was $4,446,679.


Official website here: www.providenceplacenc.com

Who are the executives of Providence Place Assisted Living Inc and what are their salaries?

The average compensation at Providence Place Assisted Living Inc during 2022 was $19,903. There are 97 employees at Providence Place Assisted Living Inc.

Here are 6 key members and their salaries (Providence Place Assisted Living Inc's CEO's salary is $0 and their total compensation is $78,907):

    Barry Yates (Cfo)
  • Compensation: $0
  • Related: $143,418
  • Other: $40,499

    • Terry Miller (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $77,736
  • Other: $1,171

    • Thomas Neill (Director)
  • Compensation: $0
  • Related: $12,500
  • Other: $0

    • Penny Cates (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Winslow (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.providenceplacenc.com

    Where can I find the form 990 for Providence Place Assisted Living Inc?

    The Providence Place Assisted Living Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.providenceplacenc.com

    Learn more at the official website: www.providenceplacenc.com

    Mission Statement of Providence Place Assisted Living Inc

    Providence Place Assisted Living Inc is committed to serving the housing and care needs of senior adults in an innovative and exceptional manner. Their mission is to deliver programs and services that cater to the unique needs of this demographic, promoting personal and spiritual growth at an affordable value. The organization achieves this by employing cutting-edge models and state-of-the-art care systems, which are designed to enhance the functional abilities and spiritual development of its residents and participants.

    In a nurturing Christian environment, Providence Place Assisted Living Inc provides primary services such as assisted living and memory care. The assisted living facility, spanning 55,170 square feet, is equipped to serve 92 residents annually. The memory care center within the facility offers therapeutic care specifically tailored for individuals living with Alzheimer's or dementia. The living space features both private and semi-private rooms and incorporates on-site physical therapy services to ensure the well-being of its residents.

    Impact

    This information is meant to be a general summary of Providence Place Assisted Living Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Providence Place Assisted Living Inc passionately serves the housing and care needs of senior adults with innovative programs and services delivered at an exceptional value while encouraging personal and spiritual growth and development. The organization provides housing and senior services through innovative models and state-of-the-art care systems that maximize functional abilities and spiritual development of the residents and program participants in a Christian environment. Their primary services include assisted living services and memory care, with a memory care center that offers therapeutic care for Alzheimer's/dementia residents.

    In the year ended September 30, 2022, Providence Place Assisted Living Inc served 92 residents in their assisted living facility. With 55,170 square feet of living space, private and semi-private rooms, and on-site physical therapy, the organization is dedicated to meeting the needs of senior adults in a holistic and compassionate manner. By providing specialized care for those with memory issues and creating a nurturing environment for personal and spiritual growth, Providence Place Assisted Living Inc makes a significant impact on the well-being and quality of life of the seniors in their care.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $-54,494
  • Program Service Revenue: $4,288,610
  • Gross Receipts: $4,510,874

    • Assets and Liabilities:
  • Total Assets: $6,571,220
  • Total Liabilities: $6,350,227
  • Net Assets: $220,993
  • Programs

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

    ROOM AND BOARD

    Revenue

    $4,288,610

    Organization Details

    Founding Year

    2010

    Principal Officer

    Terry Miller

    Main Address

    1701 WESTCHESTER DRIVE SUITE 400, HIGH POINT, NC, 27262

    NTEE Category

    Code: P75 - Human services

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