Is Fort Hudson Nursing Center Inc Legit?

Fort Hudson Nursing Center Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. In 2023, the organization reported revenues of $29,713,005 against expenses of $26,052,054, indicating a healthy surplus. The organization's assets have shown significant growth, nearly doubling from $8,811,453 in 2015 to $17,913,226 in 2023, which suggests sound financial management and reinvestment capacity. Liabilities have also increased, but at a slower pace than assets, maintaining a reasonable asset-to-liability ratio. The organization's NTEE code E91 (Nursing Facilities) aligns with its name, indicating a clear program focus. A notable aspect of their financial reporting is the consistent 0% officer compensation reported across all available filings. This suggests that executive leadership may be compensated through other means not categorized as 'officer compensation' on the 990, or that the organization relies on volunteer leadership, which would be highly unusual for an organization of this size. Further clarification on this point would enhance transparency. Overall, Fort Hudson Nursing Center Inc appears to be in a stable financial position, effectively managing its resources to support its mission. The growth in assets and consistent revenue generation are positive indicators. However, the lack of reported officer compensation warrants further inquiry for complete transparency regarding executive remuneration.