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Mccready Manor Inc

EIN 61-1221273 · Richmond, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak48 out of 100GovernanceGood85 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THIS NONPROFIT, NONSECTARIAN MINISTRY IS DEDICATED TO FAITHFULLY FOLLOWING OUR LORDS EXAMPLE OF INCLUSIVE COMPASSION WITHOUT REGARD TO RACE, RELIGION, OR NATIONAL ORIGIN. EACH RESIDENT IS A RESPECTED MEMBER OF THE MCCREADY FAMILY, AND THE MCCREADY STAFF IS FIRMLY COMMITTED TO MEETING THEIR INDIVIDUAL DAILY NEEDS WITH LOVING CONCERN AND CHEERFUL ASSISTANCE.

Income
$6.5 million
Spending
$6.7 million
Spent on programs
88%
Reserves
-1.2 months of spending
Largest source of income
fees for its services, 99%
Employees
198
Volunteers
50
Highest pay
$127,795, cao telford

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 48 out of 100. Higher than 36% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 44% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 3% of income.

  • Income trend

    15 of 15

    Income rose 12% on the year before.

  • Spending floor

    15 of 15

    88% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 85 out of 100. Higher than 42% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    14 of 14 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $5.9 million spent. MCCREADY MANOR, INC. (THE ORGANIZATION) PROVIDES RESIDENTIAL RENTAL UNITS, FOOD SERVICE AND ASSISTED LIVING SERVICES TO INDIVIDUALS AND COUPLES FROM A SEVENTY-THREE UNIT COMPLEX, MCCREADY MANOR. THE ORGANIZATION ALSO PROVIDES NURSING CARE AND THERAPY SERVICES TO INDIVIDUALS FROM A FOURTY-TWO UNIT COMPLEX, TELFORD TERRACE, IN RICHMOND, KENTUCKY. MCCREADY MANOR HAD 77 ADMISSIONS AND FACILITY UPDATES INCLUDED: -A LARGE EMPHASIS ON THE DINING ROOM WHICH INCLUDES NEW PAINT, LIGHTING, FANS, DRAPES, AND CHAIRS. -ADDITIONAL SEATING WAS PLACED TO ACCOMMODATE BEING MORE COMFORTABLE DURING ACTIVITIES AND MEETINGS. -APARTMENT REFURBISHING CONTINUES AS THE APARTMENTS BECOME VACANT. -WE HAVE MADE ADDITIONS TO THE DINING MENU TO ACCOMMODATE RESIDENT PREFERENCES. -WE HAVE ADDED NEW ACTIVITIES AND PERFORMERS TO THE ACTIVITY CALENDAR FOR ENTERTAINMENT. -WE ADDED A COFFEE/REFRESHMENT STATION FOR RESIDENTS AND FAMILIES TO UTILIZE FREELY. TELFORD TERRACE ACCOMPLISHMENTS: -PROFITABLE YEAR -87 ADMISSIONS WHICH IS A 8.9% INCREASE -WON BEST OF THE BEST NURSING HOME THROUGH THE RICHMOND REGISTER -DEFICIENCY FREE HEALTH SURVEY -REMODEL COMPLETED ON COMMON AREAS -IMPROVED ACCOUNTS RECEIVABLE BY HAVING CONSULTANTS AND IMPROVING THE BILLING SYSTEM THROUGH INOVALON. MCCREADY MANOR, INC. (THE ORGANIZATION) PROVIDES RESIDENTIAL RENTAL UNITS, FOOD SERVICE AND ASSISTED LIVING SERVICES TO INDIVIDUALS AND COUPLES FROM A SEVENTY-THREE UNIT COMPLEX, MCCREADY MANOR. THE ORGANIZATION ALSO PROVIDES NURSING CARE AND THERAPY SERVICES TO INDIVIDUALS FROM A FOURTY-TWO UNIT COMPLEX, TELFORD TERRACE, IN RICHMOND, KENTUCKY. MCCREADY MANOR HAD 77 ADMISSIONS AND FACILITY UPDATES INCLUDED: -A LARGE EMPHASIS ON THE DINING ROOM WHICH INCLUDES NEW PAINT, LIGHTING, FANS, DRAPES, AND CHAIRS. -ADDITIONAL SEATING WAS PLACED TO ACCOMMODATE BEING MORE COMFORTABLE DURING ACTIVITIES AND MEETINGS. -APARTMENT REFURBISHING CONTINUES AS THE APARTMENTS BECOME VACANT. -WE HAVE MADE ADDITIONS TO THE DINING MENU TO ACCOMMODATE RESIDENT PREFERENCES. -WE HAVE ADDED NEW ACTIVITIES AND PERFORMERS TO THE ACTIVITY CALENDAR FOR ENTERTAINMENT. -WE ADDED A COFFEE/REFRESHMENT STATION FOR RESIDENTS AND FAMILIES TO UTILIZE FREELY. TELFORD TERRACE ACCOMPLISHMENTS: -PROFITABLE YEAR -87 ADMISSIONS WHICH IS A 8.9% INCREASE -WON BEST OF THE BEST NURSING HOME THROUGH THE RICHMOND REGISTER -DEFICIENCY FREE HEALTH SURVEY -REMODEL COMPLETED ON COMMON AREAS -IMPROVED ACCOUNTS RECEIVABLE BY HAVING CONSULTANTS AND IMPROVING THE BILLING SYSTEM THROUGH INOVALON.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.