Henderson County Retirement Center Inc.

Overview

Henderson County Retirement Center Inc. is a nonprofit organization based in Stronghurst, Illinois. It is recognized under the IRS tax code as a charitable organization, specifically serving in the health sector with a focus on general and rehabilitative care, including nursing and convalescent facilities.

Financial Information

As reported in its most recent tax filings for the fiscal year ending December 2022, Henderson County Retirement Center Inc. had total revenues of approximately $5.78 million, with expenses amounting to $5.17 million. The organization reported total assets valued at around $7.12 million and liabilities of approximately $1.43 million. The majority of its revenue (97.5%) came from program services, indicating a strong reliance on operational income rather than donations, which constituted only 2.3% of total revenue[1][3].

The financial data illustrates the organization's fiscal stability and its operational effectiveness in providing care services within the community. Over recent years, there has been a consistent trend in revenue growth, reflecting its capacity to manage and deliver essential health services.

Mission and Services

Henderson County Retirement Center Inc. is dedicated to providing high-quality healthcare services tailored for individuals in need of convalescent and rehabilitative care. The facility emphasizes compassionate care, striving to enhance the quality of life for its residents through various programs and services.

Foundation and History

The organization was established with a commitment to serve the aging population in Henderson County. Over the years, it has adapted its services to meet the changing needs of the community, ensuring that its offerings remain relevant and effective. The Retirement Center has built a reputation for excellence in care among local families, demonstrating a significant impact on the community's well-being.

Governance and Operations

Henderson County Retirement Center Inc. operates under a board of directors that oversees its policies and financial practices. The board is composed of community members who are committed to the organization's mission and governance, contributing their expertise to ensure effective management and accountability.

Recognition and Ratings

The organization has received a 3 out of 4 stars rating from Charity Navigator, indicating a strong performance in areas such as financial health and accountability. This rating reflects its commitment to transparency and effective use of resources in fulfilling its mission[3].

In conclusion, Henderson County Retirement Center Inc. plays a vital role in providing essential health services to the community, maintaining financial integrity, and ensuring quality care for its residents.