Overview
What is Coburg Village Inc?
Coburg Village Inc is a New York-based nonprofit organization, located at Coburg Village Way in Rexford, with a commitment to serving the elderly population. This ministry of healing, hospitality, and community is part of the Lutheran Care Network, offering high-quality, non-denominational residential services and associated programs. The organization employs 219 individuals and is dedicated to providing a caring environment for older adults through partnership and compassion.
Official website here: www.coburgvillage.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
Coburg Village Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization demonstrates a commitment to transparency and ethical governance, as evidenced by its independent board members and comprehensive policies related to conflict of interest and whistleblower protections. The high scores in these areas indicate a well-structured organization that prioritizes responsible management of its resources.
The financial health of Coburg Village is notable, with a program expense ratio of 83.11%, suggesting that a significant portion of its funds is directed towards its mission-driven programs. This aligns with the organization's goal of maximizing the impact of its services. Additionally, the absence of material diversion of assets further reinforces confidence in the charity's financial integrity.
However, the liabilities to assets ratio of 60.81% indicates a moderate level of liabilities, which may warrant attention as the organization continues to grow. Overall, Coburg Village Inc stands out for its accountability and effective management, positioning it as a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Coburg Village Inc legitimate?
Coburg Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coburg Village 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,955,940
For more financial information, click here
Official website here: www.coburgvillage.com
What is the mission statement of Coburg Village Inc?
Coburg Village Inc is a part of the Lutheran Care Network, functioning as a not-for-profit organization. Their mission is centered around healing, hospitality, and community, with a strong commitment to providing high-quality residential services for older adults. Their focus is on delivering non-denominational care, ensuring the needs of older adults are met in a compassionate and caring manner. Coburg Village operates a complex that houses 288 independent living units, aiming to create an environment that fosters independence and community among its residents. Their services extend beyond just housing, striving to address the overall well-being and needs of the elderly population.
Official website here: www.coburgvillage.com
Who is the CEO of Coburg Village Inc?
Antoinette Wallace is the Chair of Coburg Village Inc.
Official website here: www.coburgvillage.com
What is the revenue of Coburg Village Inc?
Coburg Village Inc's revenue in 2022 was $14,391,941.
Official website here: www.coburgvillage.com
Who are the executives of Coburg Village Inc and what are their salaries?
The average compensation at Coburg Village Inc during 2022 was $13,497. There are 219 employees and 6 volunteers at Coburg Village Inc.
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- Compensation: $171,178
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- Other: $6,212
- Compensation: $73,107
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- Other: $13,428
Official website here: www.coburgvillage.com
Where can I find the form 990 for Coburg Village Inc?
Coburg Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.coburgvillage.com
Learn more at the official website: www.coburgvillage.com
Mission Statement of Coburg Village Inc
Coburg Village Inc, a not-for-profit organization under the Lutheran Care Network, is dedicated to providing high-quality, non-denominational residential services and related programs for older adults. With a mission rooted in healing, hospitality, and community through partnership and caring, the ministry aims to make a difference in the lives of the elderly population.
Coburg Village is committed to creating a nurturing and supportive environment where older adults can thrive. Their mission extends beyond mere residential services, as they strive to foster a sense of belonging and connection among their residents. With a focus on quality and compassionate care, Coburg Village ensures that its older adult residents receive the best possible services to enhance their overall well-being.
The organization operates a 288-unit independent living complex specifically designed for the elderly. Residents enjoy the comfort and security of their own living spaces while being surrounded by a caring and supportive community. Coburg Village's dedication to its mission is evident in its ongoing commitment to providing the highest quality services tailored to the unique needs of its older adult population.
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Impact
October, 2024
Coburg Village Inc significantly enhances the quality of life for elderly residents in Rexford, NY, by providing a 288-unit independent living complex that fosters a sense of community and belonging. Through its commitment to healing, hospitality, and partnership, it ensures that older adults receive high-quality residential services tailored to their needs. The organization promotes an atmosphere of care and support, allowing residents to maintain their independence while having access to necessary resources. By prioritizing compassionate living environments and community engagement, Coburg Village Inc plays a pivotal role in enriching the lives of seniors and their families, ultimately contributing to the overall well-being of the community.
This information is meant to be a general summary of Coburg Village 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: $19,221
- Program Service Revenue: $14,348,288
- Gross Receipts: $17,478,795
Assets and Liabilities:
- Total Assets: $43,519,375
- Total Liabilities: $26,466,149
- Net Assets: $17,053,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUES
Revenue
$9,897,116
MISCELLANEOUS
Revenue
$4,098,957
OTHER OPERATING
Revenue
$352,215
Organization Details
Founding Year
1999
Phone
(518) 371-5000Principal Officer
Antoinette Wallace
Main Address
COBURG VILLAGE WAY, REXFORD, NY, 12148
Website
www.coburgvillage.comNTEE Category
Code: L22Z - Housing
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