Somerset Senior Living At Premier

Organization Overview

Somerset Senior Living At Premier, operating under the name Premeier Rehabilitation And Health Center, is located in Hot Springs, AR. The organization was established in 2019. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Premeier Rehabilitation And Health Center employed 248 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Premeier Rehabilitation And Health Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Premeier Rehabilitation And Health Center generated $11.5m in total revenue. All expenses for the organization totaled $10.0m during the year ending 12/2021. While expenses have increased by 152.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FACILITATE COMPASSIONATE HEALTH CARE THAT IS DESIGNED TO MEET THE PHYSICAL, SOCIAL, RECREATIONAL, HEALTH CARE, AND TRANSPORTATION SPECIAL NEEDS OF THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ACTS IN CONCERT WITH COMMUNITY COMPASSION CENTERS OF ARKANSAS (CCCA) TO FORM A NETWORK OF NURSING FACILITIES TO SERVE AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING CULTURE CHANGE, PERSON-CENTERED, LONG-TERM CARE FOR ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THE CULTURE CHANGE MODEL OF CARE IS DESIGNED TO EMPOWER ELDERS AND STAFF TO PARTICIPANT IN THE ESTABLISHMENT OF PATHWAYS THAT RESULT IN A HIGH DEGREE OF CHOICE, AUTONOMY, DIGNITY AND SELF-DETERMINATIONS FOR THE ELDERS SERVED. IT IS ANTICIPATED THAT WITH CONCERTED EFFORTS THE ORGANIZATION WILL INCREASE THE AVAILABILITY AND QUALITY OF HEALTH CARE FOR ITS RESPECTIVE COMMUNITIES, RESULTING IN BETTER HEALTH OUTCOMES AND QUALITY OF LIFE FOR THE ELDERLY. THE ORGANIZATION SERVED AN AVERAGE OF 95 RESIDENTS MONTHLY IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Cahoone
Former Director
$50,886
Alethea Lexington
Former Director
$48,737
Danny Weaver
Director
$44,000
Anita Sanders
Director
$19,599
Kimberly Howard
Director
$10,998
Cameron Morgan
Former Director
$10,697

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Somerset Senior Living
Administrative & General
$662,243
Aegis Therapies Inc
Rehab & Therapy
$311,265
Encore Rehabilitation
Therapy & Rehab
$326,960
Amr Construction Llc
Construction & Repairs
$393,232
Hansen Hunter & Co
Accounting
$111,828
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,890,679
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,890,679
Total Program Service Revenue$9,621,833
Investment income $1,331
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,521,132

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