Overview
What is Aldersbridge Communities (F/K/A United Methodist Elder Care)?
Aldersbridge Communities, formerly known as United Methodist Elder Care, is a nonprofit organization based in East Providence, Rhode Island. Their primary mission is to offer affordable housing and care services to seniors with low to moderate incomes. The organization consists of four subsidiaries: Winslow Gardens, Linn Health Care Center, Arbor Hill Assisted Living, and Aldersbridge Foundation. These subsidiaries provide a comprehensive range of services to elderly individuals in southeastern Massachusetts and Rhode Island. Aldersbridge Communities is an equal opportunity provider, welcoming all religions, ethnicities, cultures, and socio-economic backgrounds, and promoting a positive and fulfilling aging experience. The organization is committed to human dignity and providing high-quality care based on its historical connection to the New England Conference of the United Methodist Church. As of the provided information, Aldersbridge Communities employs 17 individuals.
Official website here: www.umeldercareri.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Aldersbridge Communities has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance. The organization demonstrates strong governance practices, with 100% of its board members being independent, ensuring effective oversight. Additionally, its financial statements are well-managed, with a solid audit and oversight committee in place, reflecting a commitment to accountability.
Despite these strengths, the organization struggles with its financial ratios. It has a high liabilities to assets ratio of approximately 69.69%, which may raise concerns regarding its financial stability. Furthermore, while the program expense ratio is relatively healthy at 63.67%, areas for improvement include better transparency in financial disclosures, as evidenced by the absence of its tax form on the nonprofit’s website.
Overall, while Aldersbridge Communities showcases a commitment to governance and has some strong financial practices, potential donors and stakeholders should consider its financial ratios and transparency issues when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Aldersbridge Communities (F/K/A United Methodist Elder Care) legitimate?
Aldersbridge Communities (F/K/A United Methodist Elder Care) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aldersbridge Communities (F/K/A United Methodist Elder Care) 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: $511,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,284,297
For more financial information, click here
Official website here: www.umeldercareri.org
What is the mission statement of Aldersbridge Communities (F/K/A United Methodist Elder Care)?
Aldersbridge Communities, formerly known as United Methodist Elder Care, is dedicated to providing affordable housing and care services to seniors with very-low to moderate incomes. Its mission involves catering to the physical, social, and psychological needs of the elderly, aiming to enhance their health, security, happiness, and overall usefulness in extended living. The organization operates under a primary exempt purpose, benefitting and supporting various non-profit organizations such as Winslow Gardens, Linn Health & Rehabilitation, Aldersbridge Foundation, and Arbor Hill Assisted Living. Aldersbridge Communities is an equal opportunity provider, welcoming individuals from diverse religious, ethnic, cultural, and socio-economic backgrounds, and advocates for productive and joyful aging.
Official website here: www.umeldercareri.org
Who is the CEO of Aldersbridge Communities (F/K/A United Methodist Elder Care)?
Joseph Durand is the Chief Executive Officer of Aldersbridge Communities (F/K/A United Methodist Elder Care). The CEO's salary of Aldersbridge Communities (F/K/A United Methodist Elder Care) is $170,900 and their total compensation is $200,982.
Official website here: www.umeldercareri.org
What is the revenue of Aldersbridge Communities (F/K/A United Methodist Elder Care)?
Aldersbridge Communities (F/K/A United Methodist Elder Care)'s revenue in 2022 was $3,926,096.
Official website here: www.umeldercareri.org
Who are the executives of Aldersbridge Communities (F/K/A United Methodist Elder Care) and what are their salaries?
The average compensation at Aldersbridge Communities (F/K/A United Methodist Elder Care) during 2022 was $105,630. There are 17 employees and 18 volunteers at Aldersbridge Communities (F/K/A United Methodist Elder Care).
Here are 25 key members and their salaries (Aldersbridge Communities (F/K/A United Methodist Elder Care)'s CEO's salary is $170,900 and their total compensation is $200,982):
- Compensation: $170,900
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- Other: $30,082
- Compensation: $113,143
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- Other: $28,759
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- Related: $103,173
- Other: $28,423
- Compensation: $103,804
- Related: $0
- Other: $18,062
- Compensation: $39,721
- Related: $0
- Other: $6,938
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Official website here: www.umeldercareri.org
Where can I find the form 990 for Aldersbridge Communities (F/K/A United Methodist Elder Care)?
Aldersbridge Communities (F/K/A United Methodist Elder Care)'s most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umeldercareri.org
Learn more at the official website: www.umeldercareri.org
Mission Statement of Aldersbridge Communities (F/K/A United Methodist Elder Care)
Aldersbridge Communities, formerly known as United Methodist Elder Care, is dedicated to providing an affordable continuum of housing and care for individuals with very-low to moderate incomes, specifically catering to the elderly population. Acting as the parent organization, Aldersbridge Communities comprises four subsidiary organizations: Winslow Gardens, Linn Health Care Center, Arbor Hill Assisted Living, and Aldersbridge Foundation. These entities offer a comprehensive range of services, including nursing care, assisted living, and other facilities designed to meet the physical, social, and psychological needs of the aging population, aiming to enhance their health, security, happiness, and productivity in their later years.
In line with its mission, Aldersbridge Communities operates with a commitment to equality and welcomes individuals from diverse religious, ethnic, cultural, and socio-economic backgrounds, fostering an environment that promotes joyful aging. The organization's historical connection to the New England Conference of the United Methodist Church frames its perspective on human dignity and quality care, guiding its operations to ensure the well-being of its community members.
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Impact
July, 2024
Aldersbridge Communities, formerly known as United Methodist Elder Care, provides affordable housing and care services to very-low to moderate-income seniors in East Providence, Rhode Island, and the surrounding areas. The organization consists of four subsidiary organizations - Winslow Gardens, Linn Health Care Center, Arbor Hill Assisted Living, and Aldersbridge Foundation - all working together to support the aging population in Southeastern Massachusetts and Rhode Island.
Through its comprehensive range of services, Aldersbridge Communities aims to meet the physical, social, and psychological needs of the elderly, contributing to their health, security, happiness, and usefulness in longer living. By welcoming individuals from diverse religious, ethnic, cultural, and socio-economic backgrounds, the organization fosters a supportive and inclusive environment for productive and joyful aging.
Aldersbridge Communities' impact lies in its dedication to providing high-quality care and services to seniors who may otherwise face challenges in accessing affordable housing and healthcare. By upholding the values of human dignity and quality care, rooted in its historical connection to the New England Conference of the United Methodist Church, the organization plays a vital role in enhancing the well-being and quality of life for elderly individuals in the community.
This information is meant to be a general summary of Aldersbridge Communities (F/K/A United Methodist Elder Care). 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: $6,493
- Program Service Revenue: $2,959,932
- Gross Receipts: $3,934,891
Assets and Liabilities:
- Total Assets: $4,393,072
- Total Liabilities: $2,840,900
- Net Assets: $1,552,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT & SERVICE INCOME
Revenue
$2,189,902
MANAGEMENT FEE INCOME
Revenue
$770,030
Organization Details
Founding Year
1997
Phone
(401) 438-7210Principal Officer
Joseph Durand
Main Address
40 IRVING AVENUE, EAST PROVIDENCE, RI, 02914
Website
www.umeldercareri.orgNTEE Category
Code: E21 - Health
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