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Glen Eddy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141794150 ✦ Niskayuna, NY ✦ Designated as a 501(c)(3)

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Overview

What is Glen Eddy Inc?

Glen Eddy Inc is a senior living community situated in Niskayuna, New York. It offers independent living options in 83 apartments and 16 cottages, as well as assisted living in 42 enriched housing units. The community caters to residents aged 55 and above, providing security, maintenance, dining, activities, transportation, and amenities to help seniors maintain their independence for as long as possible. The enriched housing units offer assistance with daily living activities and health-related services. Glen Eddy Inc is committed to making its services and facilities accessible to seniors who can no longer meet the financial obligations of residency. As a part of St. Peter's Health Partners and Trinity Health, the organization exemplifies compassionate and transformative healing within its communities. The organization's primary mission is to provide independent and assisted living facilities for seniors, ensuring they live comfortably and securely. With a staff of 148 employees, Glen Eddy Inc offers a comprehensive continuum of integrated health care, supportive housing, and community services, particularly focusing on the needs and vulnerabilities of the less fortunate.


Official website here: www.eddyseniorliving.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Glen Eddy Inc has received an 81% rating from Charity Navigator, which reflects a solid performance in areas of accountability and finance. The organization demonstrates strong governance, with a fully independent board and no reported material diversion of assets, indicating responsible management of resources. Their financial practices are further supported by a well-structured audit and oversight committee.

The nonprofit excels with a program expense ratio of 83.61%, meaning a significant portion of its funds is directed towards its programs rather than administrative costs. This focus on programmatic spending suggests a commitment to fulfilling its mission effectively. Additionally, the implementation of various policies, such as whistleblower and conflict of interest policies, enhances its credibility and operational integrity.

While the overall rating is commendable, the three-star designation implies there may be room for improvement in certain areas to achieve a higher rating in the future. Continued transparency and effective communication with stakeholders can further enhance their standing among donors and the community they serve.


This AI summary has been generated from information found on Charity Navigator.

Is Glen Eddy Inc legitimate?

Glen Eddy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glen Eddy 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: $2,586,131

For more financial information, click here


Official website here: www.eddyseniorliving.com

What is the mission statement of Glen Eddy Inc?

Glen Eddy Inc, being a part of St. Peter's Health Partners and Trinity Health, is committed to serving its communities in the spirit of the gospel. Their mission is to provide compassionate and transformative healing, offering a comprehensive continuum of integrated healthcare, supportive housing, and community services. Particularly focusing on the needs of the vulnerable and underprivileged, Glen Eddy Inc strives to deliver the highest quality healthcare services, ensuring they are accessible to all. As a member of St. Peter's Health Partners and Trinity Health, Glen Eddy Inc upholds the community-based legacies of compassionate healing that these organizations have established.


Official website here: www.eddyseniorliving.com

Who is the CEO of Glen Eddy Inc?

Michelle Mazza is the Principal Officer of Glen Eddy Inc. The CEO's salary of Glen Eddy Inc is $0 and their total compensation is $1,318,565.


Official website here: www.eddyseniorliving.com

What is the revenue of Glen Eddy Inc?

Glen Eddy Inc's revenue in 2022 was $7,800,272.


Official website here: www.eddyseniorliving.com

Who are the executives of Glen Eddy Inc and what are their salaries?

The average compensation at Glen Eddy Inc during 2022 was $17,474. There are 148 employees and 17 volunteers at Glen Eddy Inc.


Here are 24 key members and their salaries (Glen Eddy Inc's CEO's salary is $0 and their total compensation is $1,318,565):


Benjamin Carter (Director Thr 10/21; Th Evp & Coo)
  • Compensation: $0
  • Related: $2,435,049
  • Other: $90,414
James Reed Md (Director; President & Ceo)
  • Compensation: $0
  • Related: $1,204,151
  • Other: $114,414
Thomas Robert (Sphp Vp, Cfo & Treasurer)
  • Compensation: $0
  • Related: $643,445
  • Other: $133,814
Kim Baker (Evp, Cont Care Thr 11/21; Sphp Evp)
  • Compensation: $0
  • Related: $498,084
  • Other: $103,986
Edward Eisenman (Former Officer)
  • Compensation: $0
  • Related: $336,579
  • Other: $20,138
Dawn Geisert (Dir At 11/21;Th Chief Compliance Off)
  • Compensation: $0
  • Related: $263,696
  • Other: $66,030
Kristin Signor (Cfo, Continuing Care)
  • Compensation: $0
  • Related: $228,982
  • Other: $41,030
Michelle Mazzacco (Reg Vp, Int Evp Cont Care At 11/21)
  • Compensation: $0
  • Related: $225,700
  • Other: $20,687
Robert Swidler Esq (Secretary; Vp Legal Services)
  • Compensation: $0
  • Related: $202,445
  • Other: $16,165
Chantelle Myers (Executive Director)
  • Compensation: $105,242
  • Related: $0
  • Other: $12,459
Robert Mccormick (Director; Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Jimino (Dir; Treas Thr 12/21; V Chr At 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Guzior (Director & Vice Chair Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Logiudice Rsm (Director; Treasurer At 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guha Bala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Cottrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Dake (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Gordon Esq (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Hearst Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Johnson Iii Esq (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Keegan (Director Through 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Mcelroy Jr (Director As Of 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wolff Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.eddyseniorliving.com

Where can I find the form 990 for Glen Eddy Inc?

Glen Eddy Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eddyseniorliving.com

Learn more at the official website: www.eddyseniorliving.com

Mission Statement of Glen Eddy Inc

Glen Eddy Inc, as a member of St. Peter's Health Partners and Trinity Health, is dedicated to serving its community in the spirit of the gospel. This nonprofit organization operates with a compassionate and transformative healing presence, providing a comprehensive continuum of integrated healthcare, supportive housing, and community services. One of its primary focuses is on offering independent and assisted living facilities specifically designed for seniors. By doing so, Glen Eddy Inc aims to cater to the needs of the vulnerable and needy population within its community, upholding the community-based legacies of compassionate healing that it was founded upon.

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Impact




October, 2024

Glen Eddy Inc significantly impacts the Niskayuna community by providing vital independent and assisted living facilities for seniors aged 55 and older. The senior living community features 83 independent living apartments, 16 cottages, and 42 enriched housing units, accommodating a range of needs. By offering security, maintenance, dining services, and a variety of activities, Glen Eddy helps residents maintain their independence while fostering a vibrant community life.

The enriched housing units are particularly impactful, as they provide essential assistance with daily living activities and health-related services, ensuring that seniors receive the care they need while remaining in a familiar environment. Glen Eddy's commitment to making its services accessible to residents facing financial challenges further enhances its positive influence, promoting inclusivity and support for vulnerable populations.

Additionally, as part of St. Peter's Health Partners and Trinity Health, Glen Eddy aligns its mission with a broader commitment to compassionate and transformative care in the community, reinforcing the importance of holistic support systems for seniors. Overall, Glen Eddy Inc enriches the lives of its residents and contributes to the well-being of the entire Niskayuna area by fostering a nurturing and supportive environment for aging individuals.




This information is meant to be a general summary of Glen Eddy 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.

Revenue
$7,800,272 (2022)
Expenses
$7,550,811 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $308,503
  • Program Service Revenue: $6,971,110
  • Gross Receipts: $7,800,272

Assets and Liabilities:

  • Total Assets: $18,276,536
  • Total Liabilities: $24,634,398
  • Net Assets: -$6,357,862

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RETIREMENT COMMUNITY

Revenue

$6,971,110

Organization Details

Founding Year

1995

Principal Officer

Michelle Mazza

Main Address

1 GLEN EDDY DRIVE, NISKAYUNA, NY, 12309

NTEE Category

Code: P75 - Human services

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