Overview
What is Wny Mennonite Retirement Community Inc?
Wny Mennonite Retirement Community Inc is a nonprofit organization committed to providing affordable housing solutions for senior citizens. With a total of 44 apartments and 11 duplexes, they diligently develop and maintain these living spaces to cater to the needs of older adults. Their mission revolves around this genuine dedication, aiming to create a comfortable and affordable environment for seniors.
Official website here: www.vinecroft.org/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Wny Mennonite Retirement Community Inc has achieved a Three-Star rating from Charity Navigator, signifying a solid level of accountability and financial transparency. The overall score is based entirely on its Accountability & Finance performance, which is commendable at 81%. This rating indicates that the organization has a strong commitment to managing its resources responsibly.
The nonprofit demonstrates robust governance, with a fully independent board comprising 12 members, and has implemented comprehensive policies, including conflict of interest and whistleblower protections. Its financial oversight structures are effectively in place, as highlighted by its perfect scores for audit and asset management. Additionally, the organization allocates a substantial portion of its expenditures directly to programs, with a program expense ratio of 71.56%.
However, the organization does face some challenges with its financial health, indicated by a liabilities to assets ratio of 92.96%, which did not score well in the evaluation. This suggests that while the organization is effectively managing its operational aspects and governance, it may have concerns related to its overall financial stability that warrant attention.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wny Mennonite Retirement Community Inc?
100% of 5 reviewers on Facebook recommend Wny Mennonite Retirement Community Inc. Here is a summary of their reviews:
With perfect ratings, the community is highly regarded by potential residents looking forward to making the move. Reviewers express enthusiasm about the upcoming transition to the facility, highlighting a positive anticipation for their new living arrangements.
The sense of eagerness and optimism about the services provided and the environment suggests that this nonprofit deeply resonates with those considering its offerings. Overall, the sentiment indicates strong satisfaction with the community’s reputation.
This AI summary has been generated from reviews found on Facebook.
Is Wny Mennonite Retirement Community Inc legitimate?
Wny Mennonite Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wny Mennonite 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,098
For more financial information, click here
Official website here: www.vinecroft.org/
What is the mission statement of Wny Mennonite Retirement Community Inc?
Wny Mennonite Retirement Community Inc. is dedicated to the development and maintenance of affordable housing for seniors. They operate with 44 apartments and 11 duplexes, serving as a testament to their commitment to this mission. The organization strives to provide a living space that caters to the needs of senior citizens, thereby fulfilling its role in the community.
Official website here: www.vinecroft.org/
Who is the CEO of Wny Mennonite Retirement Community Inc?
Lisa Ressman is the President & Ceo of Wny Mennonite Retirement Community Inc. The CEO's salary of Wny Mennonite Retirement Community Inc is $0 and their total compensation is $354,461.
Official website here: www.vinecroft.org/
What is the revenue of Wny Mennonite Retirement Community Inc?
Wny Mennonite Retirement Community Inc's revenue in 2022 was $1,626,648.
Official website here: www.vinecroft.org/
Who are the executives of Wny Mennonite Retirement Community Inc and what are their salaries?
The average compensation at Wny Mennonite Retirement Community Inc during 2022 was $14,796. There are 24 employees at Wny Mennonite Retirement Community Inc.
Here are 22 key members and their salaries (Wny Mennonite Retirement Community Inc's CEO's salary is $0 and their total compensation is $354,461):
- Compensation: $0
- Related: $331,712
- Other: $22,749
- Compensation: $0
- Related: $180,692
- Other: $22,258
- Compensation: $0
- Related: $172,853
- Other: $8,680
- Compensation: $0
- Related: $159,115
- Other: $11,808
- Compensation: $0
- Related: $156,792
- Other: $10,260
- Compensation: $0
- Related: $157,304
- Other: $2,521
- Compensation: $0
- Related: $147,800
- Other: $3,302
- Compensation: $0
- Related: $129,309
- Other: $17,086
- Compensation: $0
- Related: $127,655
- Other: $13,970
- Compensation: $0
- Related: $114,009
- Other: $7,597
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.vinecroft.org/
Where can I find the form 990 for Wny Mennonite Retirement Community Inc?
Wny Mennonite Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vinecroft.org/
Learn more at the official website: www.vinecroft.org/
Mission Statement of Wny Mennonite Retirement Community Inc
Wny Mennonite Retirement Community Inc is committed to a noble mission. This nonprofit organization dedicates its efforts to developing and maintaining affordable housing for seniors. With a portfolio of 44 apartments and 11 duplexes, Wny Mennonite Retirement Community Inc fulfills its mission by providing a home for the elderly, ensuring they have a comfortable and affordable living space. By developing and maintaining these senior housing units, the organization contributes significantly to the well-being of its elderly residents, enabling them to live with dignity and independence.
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Impact
October, 2024
WNY Mennonite Retirement Community Inc significantly influences the quality of life for seniors in Clarence Center, NY, by providing affordable housing options tailored to their needs. With 44 apartments and 11 duplexes, the community ensures that senior residents have access to comfortable and supportive living environments. This initiative not only promotes independence among seniors but also fosters a sense of community, making it easier for them to engage socially and access essential resources. By focusing on maintaining these housing options, the organization plays a crucial role in enhancing the livability and well-being of older adults in the region.
This information is meant to be a general summary of Wny Mennonite 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$2,656
- Program Service Revenue: $1,594,672
- Gross Receipts: $1,629,304
Assets and Liabilities:
- Total Assets: $5,640,104
- Total Liabilities: $5,243,471
- Net Assets: $396,633
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,274,127
ENTRANCE FEE AMORTIZATON
Revenue
$320,545
Organization Details
Founding Year
2002
Phone
(716) 741-7741Principal Officer
Lisa Ressman
Main Address
5945 VINECROFT DRIVE, CLARENCE CENTER, NY, 14032
Website
www.vinecroft.org/NTEE Category
Code: L22 - Housing
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