Rannie Webster Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020331198 ✦ Rye, NH ✦ Designated as a 501(c)(3)

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Overview

What is Rannie Webster Foundation?

The Rannie Webster Foundation, a charitable nonprofit based in Rye, New Hampshire (03870, 795 Washington Road), is dedicated to fulfilling the late Rannie Webster's wishes by offering a continuum of housing and healthcare services for the aged and/or invalid. Their mission emphasizes quality of life and care in a compassionate, dignified, and community-oriented atmosphere. The foundation operates a facility consisting of 56 assisted living units, 25 memory care units, and a nursing home, collectively serving an average of 104 residents. The organization's workforce comprises 188 employees.


Official website here: www.websteratrye.com

What are the reviews and ratings of this charity?

Charity Navigator rating: 81%, Three-Star out of Four Star rating.

The Rannie Webster Foundation has received an overall score of 81%, indicating a solid level of accountability and financial health. The rating is derived entirely from its Accountability & Finance score, which reflects the foundation's commitment to maintaining high standards in these areas. The organization has achieved a perfect score for having an independent board, financial oversight, and robust policies in place, suggesting a strong governance structure.

Strengths of the Rannie Webster Foundation include its high program expense ratio of 87.92%, showing that a significant portion of its resources is directed toward its mission-related activities. Additionally, the absence of any material diversion of assets and the presence of comprehensive financial oversight measures enhance its credibility and reliability. The foundation also demonstrates transparency through its listed policies for conflict of interest, whistleblowing, and document retention.

However, there is a notable limitation in the foundation's liabilities to assets ratio, which scored 0 out of 15 points. This indicates potential concerns regarding its financial leverage and could suggest that the organization may need to improve its management of liabilities relative to its assets. Overall, while the Rannie Webster Foundation showcases a strong commitment to accountability and finance, addressing its liabilities could further strengthen its financial standing.


This AI summary has been generated from information found on Charity Navigator.

Is Rannie Webster Foundation legitimate?

Rannie Webster Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rannie Webster Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $289,704
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,329,792

For more financial information, click here


Official website here: www.websteratrye.com

What is the mission statement of Rannie Webster Foundation?

The Rannie Webster Foundation, a charitable not-for-profit organization, is dedicated to fulfilling the late Rannie Webster's wishes by offering a continuum of housing and healthcare services. The foundation prioritizes improving the quality of life and quality of care in a compassionate, dignified, and community-focused environment. The organization provides assistance to aged and invalid individuals, operating a facility comprised of 56 assisted living units, 25 memory care units, and a 51-bed nursing home. On average, the facility serves 104 residents, ensuring they receive the necessary support and care.


Official website here: www.websteratrye.com

Who is the CEO of Rannie Webster Foundation?

Thomas Argue is the Chairman -Resigned 8/25/22 of Rannie Webster Foundation. The CEO's salary of Rannie Webster Foundation is $176,393 and their total compensation is $199,896.


Official website here: www.websteratrye.com

What is the revenue of Rannie Webster Foundation?

Rannie Webster Foundation's revenue in 2022 was $13,522,122.


Official website here: www.websteratrye.com

Who are the executives of Rannie Webster Foundation and what are their salaries?

The average compensation at Rannie Webster Foundation during 2022 was $35,210. There are 188 employees and 32 volunteers at Rannie Webster Foundation.


Here are 15 key members and their salaries (Rannie Webster Foundation's CEO's salary is $176,393 and their total compensation is $199,896):


Rebecca L Helm (Chairman -Resigned 8/25/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Riopel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David C Timmerman (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Toumpas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Clayburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia B Menes (Director - Resigned 7/28/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Moses (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Preston (Director - Resigned 8/25/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Stiles (Director - Resigned 12/16/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Stomierosky (Director - Resigned 2/24/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Argue (Ceo)
  • Compensation: $176,393
  • Related: $0
  • Other: $23,503
Todd Fernald (Administrator)
  • Compensation: $151,035
  • Related: $0
  • Other: $22,777
Amanda Locke (Registered Nurse)
  • Compensation: $103,703
  • Related: $0
  • Other: $16,207
Patricia Roger (Director Of Nursing Servic)
  • Compensation: $116,690
  • Related: $0
  • Other: $22,826


Official website here: www.websteratrye.com

Where can I find the form 990 for Rannie Webster Foundation?

Rannie Webster Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.websteratrye.com

Learn more at the official website: www.websteratrye.com

Mission Statement of Rannie Webster Foundation

The Rannie Webster Foundation, a not-for-profit charitable organization, is dedicated to fulfilling the late Rannie Webster's wishes by providing a continuum of housing and healthcare services. With a strong emphasis on improving the quality of life and quality of care, the foundation offers these essential services in a compassionate, dignified, and community-focused atmosphere.

At the heart of the foundation's operations is a facility designed for aged and invalid persons. This comprehensive care center consists of 56 assisted living units, 25 memory care units, and a 51-bed nursing home. The facility serves an average of 104 residents, who benefit from the foundation's commitment to delivering quality care.

The Rannie Webster Foundation is more than just a provider of housing and healthcare services. It strives to create an environment where the needs of its residents are met with compassion and dignity. Through its dedicated team, the organization ensures that each resident receives the care and attention they deserve, allowing them to live their lives with comfort and respect.

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Impact




October, 2024

The Rannie Webster Foundation significantly impacts the community by providing essential housing and healthcare services designed to enhance the quality of life for its residents. The foundation operates a facility in Rye, NH, that includes 56 assisted living units, 25 memory care units, and a 51-bed nursing home, accommodating an average of 104 residents.

By emphasizing compassion, dignity, and community, the foundation fosters an environment where elderly and invalid individuals receive the care and support they need. This holistic approach ensures that residents not only have access to necessary medical and personal assistance but also engage in a nurturing community that promotes their overall well-being. The focus on quality of care is paramount, making a real difference in the lives of residents and their families.




This information is meant to be a general summary of Rannie Webster Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,522,122 (2022)
Expenses
$14,903,688 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,044
  • Program Service Revenue: $12,605,475
  • Gross Receipts: $15,797,176

Assets and Liabilities:

  • Total Assets: $21,769,366
  • Total Liabilities: $17,892,003
  • Net Assets: $3,877,363

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EXTENDED CARE

Revenue

$6,193,054

RETIREMENT AND ASSISTED LIVING CO

Revenue

$3,784,981

MEMORY CARE

Revenue

$2,627,440

Organization Details

Founding Year

1977

Principal Officer

Thomas Argue

Main Address

795 WASHINGTON ROAD, RYE, NH, 03870

NTEE Category

Code: Z99 - Unknown

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