Overview
What is 899 Charleston?
899 Charleston, also known as Moldaw Residences, is a nonprofit organization located in Palo Alto, California, operating a 193-unit continuing care retirement community. They provide residential facilities designed for the needs of older adults, with services including medical and wellness, meals, housekeeping, activities, and transportation. Their mission is to promote a healthy lifestyle and community involvement while preserving Jewish traditions and values, offering a unique retirement option called "Unretirement." During the fiscal year, they catered to an average of 191 residents, offering independent living, assisted living, and specialized memory support. Employing a staff of 207 individuals, they aim to support each resident's highest level of independence.
Official website here: www.moldaw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
899 Charleston has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is based solely on the organization's accountability metrics, which indicate a strong emphasis on maintaining transparency and ethical governance. The charity's high scores in independent board membership and financial oversight suggest a commitment to good practices in managing its resources.
The organization boasts a fully independent board and a substantial number of board members, which enhances its governance structure. The presence of comprehensive policies such as conflict of interest, whistleblower protections, and document retention further underscores its commitment to accountability. Additionally, the organization's program expense ratio of 84.29% indicates that a significant portion of its budget is directed towards its programs, aligning with effective use of funds.
However, while the financial health and governance practices are notable, potential donors may want to consider the salary levels of key personnel, as these figures could raise questions about compensation relative to the organization's size and mission. Overall, 899 Charleston demonstrates strong financial accountability, but ongoing assessments of operational efficiency and program impact could further enhance its appeal to supporters.
This AI summary has been generated from information found on Charity Navigator.
Is 899 Charleston legitimate?
899 Charleston is a legitimate nonprofit organization registered as a 501(c)(3) entity. 899 Charleston 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: $447,661
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,221,987
For more financial information, click here
Official website here: www.moldaw.org
What is the mission statement of 899 Charleston?
At 899 Charleston, the mission is to facilitate residential facilities that cater to the needs of elderly individuals, promoting their independence and overall well-being. The organization prioritizes a healthy lifestyle and community involvement within a multi-generational campus. They also aim to preserve and uphold Jewish community values and traditions, while embracing the diverse cultures and backgrounds of the wider region. Through their unique approach to retirement, dubbed "Unretirement!", 899 Charleston offers a distinct living option that encourages continued personal growth and engagement.
Official website here: www.moldaw.org
Who is the CEO of 899 Charleston?
Elyse Gerson is the Executive Director of 899 Charleston.
Official website here: www.moldaw.org
What is the revenue of 899 Charleston?
899 Charleston's revenue in 2022 was $14,361,135.
Official website here: www.moldaw.org
Who are the executives of 899 Charleston and what are their salaries?
The average compensation at 899 Charleston during 2022 was $27,390. There are 207 employees and 20 volunteers at 899 Charleston.
Here are 26 key members and their salaries:
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- Compensation: $119,191
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- Other: $29,492
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- Related: $121,044
- Other: $22,887
Official website here: www.moldaw.org
Where can I find the form 990 for 899 Charleston?
899 Charleston's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.moldaw.org
Learn more at the official website: www.moldaw.org
Mission Statement of 899 Charleston
899 Charleston, a renowned nonprofit organization, is dedicated to providing residential facilities that cater to the unique needs of aging individuals. By doing so, the institution aims to promote each resident's highest level of independence. The mission at 899 Charleston goes beyond basic care, as it encourages the pursuit of a healthy lifestyle and community involvement.
In keeping with its commitment to preserving traditions, 899 Charleston also seeks to uphold Jewish community values. This mission extends to serving the diverse cultures and backgrounds of the entire region, offering a truly one-of-a-kind retirement option - what they call "Unretirement!" By fostering a multigenerational campus, 899 Charleston provides an environment that not only meets the physical needs of its residents but also nurtures their emotional and spiritual well-being. The organization's focus on community involvement ensures that its residents remain engaged and connected, enhancing their overall quality of life.
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Impact
October, 2024
899 Charleston significantly enhances the quality of life for older adults in Palo Alto by providing a comprehensive continuum of care within a vibrant community. Operating a 193-unit continuing care retirement community, it addresses various needs through its offerings of independent living, assisted living, and specialized memory support.
The facility not only provides essential medical and wellness services but also fosters an active lifestyle through organized activities and social engagement. With amenities like meals, housekeeping, and transportation, residents can enjoy a balanced lifestyle while maintaining their independence.
The mission focuses on promoting individual well-being and healthful living while embracing cultural diversity and preserving Jewish values. This commitment to community involvement and personal empowerment creates a unique environment, encouraging residents to remain engaged and fulfilled. By catering to a broad spectrum of needs and backgrounds, 899 Charleston plays a crucial role in redefining retirement living, thereby setting a new standard in the region for older adult housing and community care.
This information is meant to be a general summary of 899 Charleston. 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: $69,089
- Program Service Revenue: $14,106,626
- Gross Receipts: $14,361,135
Assets and Liabilities:
- Total Assets: $136,462,765
- Total Liabilities: $187,823,643
- Net Assets: -$51,360,878
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$11,947,650
AMORT OF ENTRANCE FEES
Revenue
$2,088,845
OTHER OPERATING REV
Revenue
$70,131
Organization Details
Founding Year
2006
Phone
(650) 433-3600Principal Officer
Elyse Gerson
Main Address
899 EAST CHARLESTON ROAD, PALO ALTO, CA, 94303
Website
www.moldaw.orgNTEE Category
Code: L220 - Housing
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