Overview
What is Peterborough Retirement Community At Upland Farm Inc?
Peterborough Retirement Community at Upland Farm Inc, also known as Rivermead, is a progressive not-for-profit continuing care retirement community in Peterborough, New Hampshire. Committed to enriching the lives of its residents, Rivermead provides excellent housing and healthcare services. With a workforce of 400 employees, Rivermead offers independent living, assisted living, and memory support residences for individuals aged 62 and older. These residences are available under a lifetime care contract, ensuring residents access to dining, healthcare, programming, and other services for the duration of their lives. Despite financial obligations, Rivermead has never terminated a residency agreement based on a resident's inability to pay in full. In 2022, the organization provided $85,000 in charitable assistance to its residents. Rivermead boasts a variety of amenities and services, including exceptional dining experiences, therapy services, home health services, housekeeping, maintenance services, a wellness center, an indoor pool, transportation, two libraries, a movie theater, a woodworking shop, a greenhouse, an art gallery, walking trails, croquet courts, bocce courts, and raised garden beds. The community is dedicated to providing high-quality, holistic lifecare programs and healthcare services in a financially responsible manner while fostering a positive and supportive work environment.
Official website here: www.rivermead.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Peterborough Retirement Community At Upland Farm Inc has received an 81% rating from Charity Navigator, indicating a strong performance, particularly in accountability and finance. The score reflects the organization’s dedication to transparency and responsible financial management, which is essential for building trust with donors and stakeholders.
The nonprofit boasts a fully independent board of directors and demonstrates rigorous oversight through its audit and financial committees. It has a high program expense ratio of 88.53%, suggesting that a significant portion of its funds is directed towards its mission rather than administrative costs. Policies such as conflict of interest and whistleblower protections are well-established, highlighting the organization's commitment to ethical practices.
While the financial management appears sound, there are no notable limitations mentioned in the data. However, potential donors and stakeholders may wish to consider the overall impact of the community services provided and how they align with their philanthropic goals when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Peterborough Retirement Community At Upland Farm Inc legitimate?
Peterborough Retirement Community At Upland Farm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peterborough Retirement Community At Upland Farm Inc 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: $505,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,150,256
For more financial information, click here
Official website here: www.rivermead.org
What is the mission statement of Peterborough Retirement Community At Upland Farm Inc?
Peterborough Retirement Community At Upland Farm Inc is a forward-thinking not-for-profit organization dedicated to delivering excellent housing and healthcare services to its residents. The community advocates for a richly fulfilling lifestyle, offering cultural and educational opportunities. They are committed to providing high-quality, holistic lifecare programs and healthcare services in a financially responsible manner. The organization seeks to create a positive and supportive work environment while continuously striving to enhance the well-being of its residents.
Official website here: www.rivermead.org
Who is the CEO of Peterborough Retirement Community At Upland Farm Inc?
Larisa M Shea is the Ceo of Peterborough Retirement Community At Upland Farm Inc. The CEO's salary of Peterborough Retirement Community At Upland Farm Inc is $229,569 and their total compensation is $241,545.
Official website here: www.rivermead.org
What is the revenue of Peterborough Retirement Community At Upland Farm Inc?
Peterborough Retirement Community At Upland Farm Inc's revenue in 2022 was $26,258,279.
Official website here: www.rivermead.org
Who are the executives of Peterborough Retirement Community At Upland Farm Inc and what are their salaries?
The average compensation at Peterborough Retirement Community At Upland Farm Inc during 2022 was $26,638. There are 400 employees and 120 volunteers at Peterborough Retirement Community At Upland Farm Inc.
Here are 23 key members and their salaries (Peterborough Retirement Community At Upland Farm Inc's CEO's salary is $229,569 and their total compensation is $241,545):
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- Compensation: $211,557
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- Compensation: $229,569
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- Other: $11,976
- Compensation: $130,391
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- Compensation: $138,131
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- Compensation: $121,178
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- Other: $54,248
- Compensation: $119,412
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- Other: $16,096
Official website here: www.rivermead.org
Where can I find the form 990 for Peterborough Retirement Community At Upland Farm Inc?
Peterborough Retirement Community At Upland Farm Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rivermead.org
Learn more at the official website: www.rivermead.org
Mission Statement of Peterborough Retirement Community At Upland Farm Inc
Peterborough Retirement Community At Upland Farm, a progressive not-for-profit organization, is dedicated to providing excellent housing and healthcare services to its residents. This continuing care retirement community advocates for an enriched lifestyle, offering cultural and educational opportunities. The mission of Peterborough Retirement Community At Upland Farm is to continually strive for the provision of high-quality, holistic lifecare programs and healthcare services in a financially responsible manner. By doing so, the organization fosters a positive and supportive work environment.
Peterborough Retirement Community At Upland Farm prioritizes the well-being of its residents, seeking to enhance their lives through various enriching experiences. Its commitment extends beyond the basic necessities of housing and healthcare, aiming to create an environment where residents can thrive. The organization's approach to care is comprehensive, encompassing the physical, emotional, and social aspects of its residents' lives, ensuring they receive well-rounded care.
The team at Peterborough Retirement Community At Upland Farm is dedicated to delivering care that fosters a positive and uplifting atmosphere. They believe in providing top-notch services in a fiscally responsible manner, ensuring the long-term sustainability of their mission. Their unwavering commitment to quality care and a supportive work environment sets them apart as a leading retirement community.
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Impact
October, 2024
Peterborough Retirement Community At Upland Farm Inc significantly enhances the quality of life for seniors by offering a comprehensive range of housing and healthcare services tailored for individuals aged 62 and older. With independent living, assisted living, and memory support residences, the community emphasizes a holistic approach to senior care.
One of the key impacts of this community is the LifeCare contract, which ensures that residents receive continued access to essential services such as dining, healthcare, and various programming throughout their lives, regardless of their financial situation. This commitment to lifelong support is evident in their history; the community has never terminated a residence agreement solely due to a resident's inability to pay in full, demonstrating a strong dedication to their residents' well-being.
In addition to housing, Peterborough Retirement Community fosters an enriching lifestyle through exceptional amenities and activities. Residents enjoy delicious dining options, wellness programs, and comprehensive health services. Recreational facilities, including an indoor pool, a movie theater, walking trails, and various courts for games like bocce and croquet, contribute to a vibrant community atmosphere. The inclusion of gardens, art galleries, and libraries further promotes cultural and educational engagement.
In 2022 alone, Peterborough Retirement Community provided $85,000 in charitable assistance, reflecting its commitment to supporting residents in need. The focus on high-quality, holistic care not only improves individual health and happiness but also creates a supportive and positive environment for both residents and staff. This community embodies the essence of compassionate senior living through its unwavering dedication to service, lifestyle enrichment, and inclusivity.
This information is meant to be a general summary of Peterborough Retirement Community At Upland Farm Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $858,509
- Program Service Revenue: $24,947,210
- Gross Receipts: $31,648,941
Assets and Liabilities:
- Total Assets: $99,988,081
- Total Liabilities: $120,830,200
- Net Assets: -$20,842,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$14,450,254
HEALTH CENTER FEES
Revenue
$5,332,648
EARNED ENTRANCE FEES
Revenue
$5,164,308
Organization Details
Founding Year
1991
Phone
(603) 924-0062Principal Officer
Larisa M Shea
Main Address
150 RIVERMEAD ROAD, PETERBOROUGH, NH, 03458
Website
www.rivermead.orgNTEE Category
Code: P750 - Human services
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