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St James Retirement Community Inc

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

EIN: 141798729 ✦ Oneonta, NY ✦ Designated as a 501(c)(3)

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Overview

What is St James Retirement Community Inc?

St. James Retirement Community Inc, located at 9 St James Place, Oneonta, New York 13820, is a nonprofit organization dedicated to providing affordable housing for elderly individuals and low-income seniors, as per state and federal regulations. Established with the purpose of developing and maintaining St. James' Manor, this community serves the elderly population in Oneonta, New York. The organization employs a team of 20 individuals in its mission to ensure affordable housing and living conditions for its residents.


Official website here: www.stjamesmanor.com

What are the reviews and ratings of this charity?

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

St James Retirement Community Inc has achieved an 81% score from Charity Navigator, reflecting a solid level of accountability and financial management. The high score in the Accountability & Finance category, with no material diversion of assets and comprehensive policies in place, suggests that the organization operates with transparency and integrity. Additionally, the presence of a fully independent board indicates strong governance practices.

The organization demonstrates a commendable program expense ratio of 90.56%, indicating that a significant portion of its funds is directed toward its charitable programs rather than administrative costs. This efficiency in resource allocation suggests that St James Retirement Community is focused on fulfilling its mission effectively.

However, the organization received a lower score for its liabilities to assets ratio, which may raise concerns about financial sustainability. While its overall financial practices are strong, potential donors might want to consider this aspect when evaluating the long-term viability of their contributions.


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

Is St James Retirement Community Inc legitimate?

St James Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St James Retirement Community 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: $90,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,187

For more financial information, click here


Official website here: www.stjamesmanor.com

What is the mission statement of St James Retirement Community Inc?

The mission of St. James Retirement Community Inc. revolves around the development and maintenance of an affordable housing project, primarily for the elderly population. This project, named St. James' Manor, is their primary focus. In a broader sense, their objective is to manage this facility on a non-profit basis, serving both elderly individuals and those classified as low income according to state and federal regulations.


Official website here: www.stjamesmanor.com

Who is the CEO of St James Retirement Community Inc?

John Haight is the President of St James Retirement Community Inc.


Official website here: www.stjamesmanor.com

What is the revenue of St James Retirement Community Inc?

St James Retirement Community Inc's revenue in 2022 was $1,124,938.


Official website here: www.stjamesmanor.com

Who are the executives of St James Retirement Community Inc and what are their salaries?

The average compensation at St James Retirement Community Inc during 2022 was $24,242. There are 20 employees at St James Retirement Community Inc.


Here are 10 key members and their salaries:


Kathy Clarkson (Executive Direc)
  • Compensation: $90,663
  • Related: $0
  • Other: $0
Marilyn Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Harby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Haight (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Shields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pontius (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Haight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Nobiling (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stjamesmanor.com

Where can I find the form 990 for St James Retirement Community Inc?

St James Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stjamesmanor.com

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

Mission Statement of St James Retirement Community Inc

St. James Retirement Community Inc, as a non-profit organization, was established with a mission to develop and maintain an affordable housing project, named St. James' Manor, specifically catering to elderly individuals in Oneonta, New York. Their objective was to provide a living space that is affordable for both elderly persons and those classified as low-income elderly individuals, in compliance with both state and federal regulations. This mission underscores their commitment to supporting the elderly community by offering a safe and affordable housing solution.

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Impact




October, 2024

St. James Retirement Community Inc. has significantly impacted the lives of elderly and low-income individuals in Oneonta, New York, by providing access to affordable housing through its St. James' Manor project. This initiative addresses a critical need in the community, allowing elderly residents to enjoy a safe, supportive, and accessible living environment while promoting their dignity and independence.

By focusing on developing and managing affordable housing solutions, the organization helps alleviate the financial burdens faced by many seniors, ensuring they have a place to call home. This commitment to service not only enhances the quality of life for residents but also fosters a sense of community and belonging among the elderly population in the region. Through these efforts, St. James Retirement Community Inc. plays a vital role in supporting the well-being and stability of Oneonta’s older residents.




This information is meant to be a general summary of St James Retirement Community 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
$1,124,938 (2022)
Expenses
$1,240,305 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,079
  • Program Service Revenue: $1,128,899
  • Gross Receipts: $1,124,938

Assets and Liabilities:

  • Total Assets: $3,613,243
  • Total Liabilities: $3,086,369
  • Net Assets: $526,874

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Programs

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

DIETARY

Revenue

$2,251

EQUITY INCOME

Revenue

$262,245

RENTAL AND SERVICE FEES

Revenue

$864,403

Organization Details

Founding Year

1999

Principal Officer

John Haight

Main Address

9 ST JAMES PLACE, ONEONTA, NY, 13820

NTEE Category

Code: L80 - Housing

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