Overview
What is Retirement Community Of Fairbanks?
Retirement Community of Fairbanks is a nonprofit organization situated in Fairbanks, Alaska, specifically at 949 McGown Street. Their primary focus is providing market-rate rental housing to senior citizens. In 2022, they successfully rented out three facilities with 20 units each, as well as a larger facility with 35 units, for the entire year. The organization strives to create a dynamic living environment for Fairbanks seniors, emphasizing diversity, security, healthy living, independence, and mutual assistance. It also serves as a community center for various events and senior activities in the Fairbanks area. The Retirement Community of Fairbanks values its role in supporting the senior community, fostering a vibrant and inclusive living environment.
Official website here: www.ravenlanding.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Retirement Community Of Fairbanks has received an 84% score from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance with 100% of its board members being independent, and it scores well in various areas such as financial oversight and absence of asset diversion. It also maintains a high program expense ratio, indicating that a significant portion of its budget is directed towards its programs.
However, there are notable limitations in its policies and transparency. The organization lacks a whistleblower policy, document retention and destruction policy, and has not posted its tax form on its website, which could be concerning for potential donors. These missing elements might suggest areas for improvement in organizational transparency and compliance.
Overall, while the Retirement Community Of Fairbanks exhibits strong financial management and governance practices, addressing the gaps in their policies and documentation could enhance their accountability and trustworthiness in the eyes of stakeholders and the public.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Retirement Community Of Fairbanks?
100% of 11 reviewers on Facebook recommend the Retirement Community of Fairbanks. Here is a summary of their reviews:
The community is praised for its beautiful building and well-organized fundraising events. Several reviewers highlighted the quality of the food, making these events enjoyable for attendees.
Overall, there is a strong sentiment of satisfaction among those who have engaged with the community, indicating that it successfully delivers a positive experience for its residents and supporters.
This AI summary has been generated from reviews found on Facebook.
Is Retirement Community Of Fairbanks legitimate?
Retirement Community Of Fairbanks is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retirement Community Of Fairbanks 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: $137,724
Professional Fundraising Fees: $0
Other Salaries and Wages: $513,395
For more financial information, click here
Official website here: www.ravenlanding.org
What is the mission statement of Retirement Community Of Fairbanks?
The Retirement Community of Fairbanks is dedicated to providing a dynamic living environment for seniors, emphasizing diversity, security, healthy living, independence, and mutual assistance as its core values. This community also serves as a vibrant venue for community events and senior activities in the local Fairbanks area. The organization offers market-rate rental housing to seniors, with several facilities being fully rented during 2022.
Official website here: www.ravenlanding.org
Who is the CEO of Retirement Community Of Fairbanks?
Paul Frith is the Director of Retirement Community Of Fairbanks.
Official website here: www.ravenlanding.org
What is the revenue of Retirement Community Of Fairbanks?
Retirement Community Of Fairbanks's revenue in 2023 was $3,022,259.
Official website here: www.ravenlanding.org
Who are the executives of Retirement Community Of Fairbanks and what are their salaries?
The average compensation at Retirement Community Of Fairbanks during 2023 was $19,151. There are 34 employees and 13 volunteers at Retirement Community Of Fairbanks.
Here are 16 key members and their salaries:
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- Compensation: $63,597
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Official website here: www.ravenlanding.org
Where can I find the form 990 for Retirement Community Of Fairbanks?
Retirement Community Of Fairbanks's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ravenlanding.org
Learn more at the official website: www.ravenlanding.org
Mission Statement of Retirement Community Of Fairbanks
The Retirement Community of Fairbanks is committed to providing a dynamic living environment for senior residents. This organization embodies values such as diversity, security, healthy living, independence, and mutual assistance, creating a vibrant community center for senior activities and events in the area. Its mission is to offer market-rate rental housing to seniors, fostering a sense of community and support among its residents. In 2022, the Retirement Community of Fairbanks successfully rented out three facilities, each with 20 units, and one facility with 35 units, demonstrating its popularity and commitment to serving senior residents.
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Impact
August, 2024
Retirement Community Of Fairbanks provides market-rate rental housing to seniors in Fairbanks, Alaska. Its mission is to offer a dynamic residence for Fairbanks seniors that prioritizes diversity, security, healthy living, independence, and mutual assistance. Additionally, it serves as a vibrant community center for area events and senior activities. Through its activities, Retirement Community Of Fairbanks positively impacts the lives of seniors by providing them with a safe and supportive environment where they can thrive and engage with their community.
This information is meant to be a general summary of Retirement Community Of Fairbanks. 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 2023.
- Investment Income: $1,550
- Program Service Revenue: $2,955,271
- Gross Receipts: $3,022,259
Assets and Liabilities:
- Total Assets: $25,476,710
- Total Liabilities: $14,092,009
- Net Assets: $11,384,701
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RAVEN LANDING IV
Revenue
$778,114
COMMUNITY CENTER
Revenue
$687,613
RAVEN LANDING II
Revenue
$510,496
RAVEN LANDING III
Revenue
$483,556
RAVEN LANDING I
Revenue
$474,825
Organization Details
Founding Year
2004
Phone
(907) 328-5458Principal Officer
Paul Frith
Main Address
949 MCGOWN STREET, FAIRBANKS, AK, 99701
Website
www.ravenlanding.orgNTEE Category
Code: L22 - Housing
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