St Margarets

Organization Overview

St Margarets is located in New Orleans, LA. The organization was established in 2011. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 03/2022, St Margarets employed 418 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Margarets 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 03/2022, St Margarets generated $9.8m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $10.0m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ST. MARGARET'S IS A FAITH-BASED ORGANIZATION THAT PROVIDES QUALITY NURSING CARE TO THE POOR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HOME RELOCATED TO THE MIDCITY AREA IN MAY 2013 AND CURRENTLY HAS 100 RESIDENTS. 60 PERCENT OF OUR RESIDENTS ARE IN POVERTY, RECEIVING MEDICAID BENEFITS. OUR MISSION IS TO PROVIDE EXCEPTIONAL HEALTHCARE TO THE POOR SENIORS IN THE COMMUNITY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $844,625
All other contributions, gifts, grants, and similar amounts not included above$14,933
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$859,558
Total Program Service Revenue$8,933,284
Investment income $1,890
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 $9,811,309

Grants Recieved

Over the last fiscal year, we have identified 1 grants that St Margarets has recieved totaling $5,000.

Awarding OrganizationAmount
The Greater New Orleans Foundation

New Orleans, LA

PURPOSE: HEALTH

$5,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or