Overview
What is Kendal At Hanover I?
Kendal At Hanover I is a not-for-profit continuing care retirement community located at 67 Cummings Road, Hanover, New Hampshire (NH), with a ZIP code of 03755. The organization, which employs 388 people, provides a range of services for 409 older adults. These services consist of independent living residences, a community center, a health center, and 107 licensed supported residential health care beds. The health center offers primary care to the residents and provided 27,399 days of care in various levels. A major renovation and addition project have significantly enhanced the environment for care. The mission of Kendal At Hanover is to foster the independence, vitality, health, and security of older persons, offering a supportive environment where residents and staff can exercise their talents. The community's values include mutual respect, integrity, and a concern for each other's welfare, with the mission statement being "Together, transforming the experience of aging."
Official website here: www.kah.kendal.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star rating)
Kendal At Hanover I has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization demonstrates strong governance with 100% of its board members being independent, and it excels in having well-documented policies, including conflict of interest and whistleblower policies. Additionally, it has received full points for its audit and oversight committee, which reflects a commitment to financial integrity.
The nonprofit exhibits a commendable program expense ratio of 85.08%, showing that the majority of its resources are dedicated to its mission-driven activities. However, it has a liabilities to assets ratio of 67.34%, which may suggest some concerns regarding financial leverage and sustainability. This aspect may warrant closer examination by potential donors who prioritize long-term fiscal health.
Overall, Kendal At Hanover I showcases effective management practices and a focus on transparency. While there are areas for improvement in financial ratios, the organization’s strong governance and high program expense ratio position it as a reliable choice for supporters looking to contribute to its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Kendal At Hanover I legitimate?
Kendal At Hanover I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kendal At Hanover I 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: $665,783
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,056,018
For more financial information, click here
Official website here: www.kah.kendal.org
What is the mission statement of Kendal At Hanover I?
Kendal At Hanover is a not-for-profit retirement community committed to fostering the independence, vitality, health, and security of older persons. The community values mutual respect, integrity, and concern for each other's welfare, creating an environment where residents and staff can thrive. Their mission, "Together, transforming the experience of aging," reflects their dedication to enhancing the aging experience through supportive care and fostering opportunities for residents to utilize their talents. The community aims to provide a nurturing atmosphere, enabling older adults to live fulfilling lives.
Official website here: www.kah.kendal.org
Who is the CEO of Kendal At Hanover I?
Brent B Edgerton is the Chief Financial Officer of Kendal At Hanover I. The CEO's salary of Kendal At Hanover I is $282,452 and their total compensation is $299,453.
Official website here: www.kah.kendal.org
What is the revenue of Kendal At Hanover I?
Kendal At Hanover I's revenue in 2022 was $33,925,739.
Official website here: www.kah.kendal.org
Who are the executives of Kendal At Hanover I and what are their salaries?
The average compensation at Kendal At Hanover I during 2022 was $32,788. There are 388 employees and 30 volunteers at Kendal At Hanover I.
Here are 26 key members and their salaries (Kendal At Hanover I's CEO's salary is $282,452 and their total compensation is $299,453):
- Compensation: $282,452
- Related: $0
- Other: $17,001
- Compensation: $212,197
- Related: $0
- Other: $31,357
- Compensation: $157,946
- Related: $0
- Other: $27,000
- Compensation: $138,846
- Related: $0
- Other: $4,363
- Compensation: $129,827
- Related: $0
- Other: $13,095
- Compensation: $113,800
- Related: $0
- Other: $10,570
- Compensation: $112,017
- Related: $0
- Other: $6,134
- Compensation: $101,266
- Related: $0
- Other: $6,404
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Official website here: www.kah.kendal.org
Where can I find the form 990 for Kendal At Hanover I?
Kendal At Hanover I's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kah.kendal.org
Learn more at the official website: www.kah.kendal.org
Mission Statement of Kendal At Hanover I
Kendal at Hanover, a not-for-profit continuing care retirement community, is dedicated to enhancing the lives of older persons through mutual respect, integrity, and a shared concern for their welfare. The community fosters an environment that supports the independence, vitality, and overall well-being of its residents. Kendal at Hanover's mission is succinctly stated as, "Together, transforming the experience of aging."
In this unique living arrangement, residents and staff are encouraged to engage with one another in a manner that respects individual talents and fosters personal growth. The mission goes beyond providing basic care and services; it aims to create an atmosphere where older adults can live their best lives, maintain their independence, and continue to contribute to their community.
At Kendal at Hanover, the focus is on fostering a sense of unity and collaboration between residents and staff, enabling them to transform the experience of aging. This approach allows for the development of strong connections and a supportive network, which in turn contributes to the overall well-being and satisfaction of its residents.
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Impact
October, 2024
Kendal At Hanover I plays a significant role in enhancing the quality of life for older adults through its comprehensive services and supportive community. By operating a continuing care retirement community, it provides residents with a range of housing options, including independent living, as well as access to healthcare services tailored to meet their evolving needs.
With 250 independent living residences and 107 licensed supported residential health care beds, Kendal At Hanover I fosters an environment that promotes independence and health. The onsite clinic ensures that residents receive primary care, which is crucial for maintaining their vitality and well-being. The health center's provision of over 27,000 days of care exemplifies its commitment to addressing the diverse health needs of its residents.
The recent renovations and additions to the health center are set to enhance the care environment further, showcasing a dedication to continual improvement in resident care and overall well-being. Maintaining a high occupancy rate of 93.34% reflects the community's appeal and the trust placed in its services by older adults and their families.
In summary, Kendal At Hanover I's impact is multifaceted, focusing on fostering a sense of community, supporting the health and independence of older adults, and transforming the aging experience for its residents through exceptional care and a vibrant living environment.
This information is meant to be a general summary of Kendal At Hanover I. 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: $1,004,170
- Program Service Revenue: $31,232,837
- Gross Receipts: $51,873,672
Assets and Liabilities:
- Total Assets: $195,680,416
- Total Liabilities: $139,222,891
- Net Assets: $56,457,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Fees - Apartment
Revenue
$17,244,892
Resident Fees - Healthcare
Revenue
$5,004,963
Amortization of Entry Fees
Revenue
$8,982,982
Organization Details
Founding Year
1988
Phone
(603) 643-8900Principal Officer
Brent B Edgerton
Main Address
67 Cummings Road, Hanover, NH, 03755
Website
www.kah.kendal.orgNTEE Category
Code: L22 - Housing
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