Bennington Project Independence Inc

What it reported doing in 2024

See schedule oservices: buildingafter 17yrs, bennington project independence, adult day service, was finally able to obtain enough grant funding from a variety of state and local business sources in order to renovate our original basement area, create an essential ground-level emergency egress and expand the entire footprint of our building. The expansion of our first floor and the creation of our lower orchard level allowed for larger and exciting new activity and specialized programmatic opportunities for our members.this expansion includes the creation of additional larger activity spaces, a specialized memory care suite for individuals facing the challenge of navigating life with a cognitive impairment, an additional, fully equipped nursing treatment room, a fitness and exercise studio, our orchard caf (which expands our ability to provide congregate meal services for our community), as well as an relaxing spa equipped with a ceiling mounted lift system and innovative reclining, jetted bathtub for better skin care and hygiene assistance for our members in need.we continue to raise funds to fully equip and furnish the lower, orchard level of the building in order to bring it to its full potential for our members, caregivers and our communities.these additions also allows the entire building, equipped with a stand-by generator, to be utilized as a specialized american red cross shelter for bennington county in the event of a local emergency. Our building is also made available to bennington's local emergency network as both a warming and cooling center, if needed.adult day service personnel: having the right staff is critical to the success of our adult day program. Families entrust the care of their loved ones to bennington project independence every day. Our staff tend to become an extension of family for many of our members and their family caregivers. Bpi's staff includes an executive director who is qualified as an activity consultant certified and masters level expressive arts therapist, certified dementia practitioner; a program and fiscal operations coordinator who is also our webmaster; an administrative coordinator who oversees our billing department and foyer staff; a membership coordinator; a social worker; an activity coordinator who is activity director certified; activity assistants; a health coordinator/registered nurse; licensed practical nurse; licensed nursing assistants; an administrative assistant; van drivers; a nutrition coordinator/cook; nutrition assistants; a housekeeper; a facilities coordinator; and part-time foyer greeters. Our staff is supplemented by assistance from a consulting bookkeeper, a certified public accountant, an art therapist, and a yoga therapist. Bpi takes pride in its excellent staff-to-member ratio and of all of the person-centered aspects of care and service. With our innovative, and expanded adult day health facility, bpi's staffing needs have also increased. This has created more jobs for the local economy. We knew that with the facility expansion our personnel budget would need to increase also.bpi has historically had an excellent history of long term staff retention. Multiple staff members have been with bpi 38 years or more. Staff are not just hired, they are added to our "bpi family" it generally takes about a year to truly learn the intricacies of the job and the person-centered philosophical foundation of our organization. All of our staff members are extremely caring, dedicated professionals who are cross trained to provide the utmost in flexibility and service provision for our members and their families. Some of our staff are also certified by the alzheimer's disease association in the cares approach plus advanced dementia care. With the dr. Richard a. Sleeman center as a substantial resource and with its professional and compassionate staff, bennington project independence continues its proud tradition of helping families share the care.

Financial Efficiency

• Mission deployment rate: 53.1%; rating input score 53
• Program expense ratio: 87.8%; rating input score 88
• Fundraising efficiency: $68.93 raised per $1 spent on fundraising; rating input score 82; 82nd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 8 of 8 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 39.9%; rating input score 89; 89th percentile among comparable filings
• Total-asset coverage ratio: 3.03; rating input score 74; 74th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
• Officer compensation ratio: 5.1%; rating input score 53; 53rd percentile among comparable filings

Growth

• Program expense growth: 4.7% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 8.1% per year; rating input score 100; 60th percentile among comparable filings
• Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings