The Laurels Inc

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

EIN: 610605647 ✦ Harlan, KY ✦ Designated as a 501(c)(3)

Overview

What is The Laurels Inc?

The Laurels Inc. is a nonprofit organization that specializes in offering personal care services, functioning as a nursing home. Established with 50 beds, it expanded its capacity in 2002 by adding 32 more beds, bringing the total to 82 beds. The organization's primary mission is to provide supervision and offer three daily meals to its patients, ensuring their overall well-being. The Laurels Inc. continues to operate as a supportive living environment for its residents.


Is The Laurels Inc legitimate?

The Laurels Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Laurels 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $631,641

For more financial information, click here


What is the mission statement of The Laurels Inc?
Who is the CEO of The Laurels Inc?
What is the revenue of The Laurels Inc?
Who are the executives of The Laurels Inc and what are their salaries?
Where can I find the form 990 for The Laurels Inc?

Mission Statement of The Laurels Inc

The Laurels Inc, as a nonprofit organization, is dedicated to serving as a Personal Care Nursing Home. This mission involves offering supervision and providing three daily meals to its patients. In an endeavor to cater to an increased number of individuals in need, The Laurels expanded its capacity in 2002, adding an additional 32 beds to its original 50-bed personal care home, thereby broadening its capabilities to accommodate more individuals seeking care.

Impact

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




Saturday, July 20, 2024

The Laurels Inc, operating as a Personal Care Nursing Home in Harlan, KY, has had a significant impact on the community by providing essential care and support to its patients. The facility offers supervision and three daily meals to individuals in need, which is crucial for their well-being and quality of life. Moreover, the expansion of 32 additional beds in 2002 demonstrates the growing demand for their services and the organization's commitment to meet the needs of more individuals requiring personal care. Overall, The Laurels Inc plays a vital role in promoting health and wellness in the community through its dedicated services.





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: $3
  • Program Service Revenue: $1,146,185
  • Gross Receipts: $1,272,638

    • Assets and Liabilities:
  • Total Assets: $798,305
  • Total Liabilities: $726,019
  • Net Assets: $72,286
  • Programs

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

    PATIENT REVENUES

    Revenue

    $1,014,705

    COUNTY GRANTSPAYMENTS

    Revenue

    $116,480

    DONATIONS

    Revenue

    $15,000

    Organization Details

    Founding Year

    1940

    Principal Officer

    Joy Dean

    Main Address

    169 COUNTY PIKE, HARLAN, KY, 40831

    NTEE Category

    Code: E91 - Health

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