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Madrid Home for the Aging

Madrid Home for the Aging

Cedar Falls, IA
Tax ID42-1094104

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About this organization

Revenue

$10,689,069

Expenses

$11,332,622

Mission

Madrid Home Communities strive to follow Christ's example of humble service by offering each older adult served the choices and compassionate support they need in surroundings that feel like home.

About

Madrid Home for the Aging provides long-term care services to approximately 300 persons annually in various levels of care including 100 licensed nursing home beds, 61 independent living apartments and 87 assisted living units. Approximately 275 full and part-time employees are employed annually to provide these services throughout the year. We continue to embrace our commitment of charity by providing assistance to individuals in our assisted living programs who do not have the resources to pay for the services provided. This is done through our Acts Fund, through which we serve approximately 16 persons during the year. We continue to look for ways to improve our delivery of services to emphasize the resident centered care that focuses on resident preferences just as they would expect in their own home.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “Madrid home communities strive to follow christ's example of humble service by offering each older adult served the choices and compassionate support they need in surroundings that feel like home.”.

When explaining its purpose, the activities were outlined as: “Madrid home communities strive to follow christ's example of humble service by offering each older adult served the choices and compassionate support they need in surroundings that feel like home.”.

  • As per legal reporting requirements, the state of operation for the non-profit is IA.
  • The non-profit's address for 2019 is listed as 613 WEST NORTH STREET, MADRID, IA, 50156 in the filing.
  • As per the non-profit's form, they have 272 employees as of 2019.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$643,553.
  • The organization has 11 independent voting members.
  • The organization was formed in 1978.
  • The organization pays $6,026,112 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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