Overview
What is Wake Robin Corporation?
Wake Robin Corporation is a nonprofit organization in Shelburne, Vermont, dedicated to creating a vibrant and self-governing community for older adults. They specialize in providing sustainable living spaces that prioritize mutual support and independence while addressing the health and well-being of each resident. The community comprises 250 independent living homes and 98 homes in the Linden Health Center, housing approximately 322 residents and 78 in the health center as of December 2022. Wake Robin's mission is to establish and maintain charitable continuing care retirement communities for the elderly, providing essential services such as housing, healthcare, food, security, and ancillary services. They also offer benevolence assistance for residents in need. Wake Robin was affected by the COVID-19 pandemic, with increased expenses and decreased resident activity, causing negative impacts on certain revenue streams and necessitating additional costs. However, they secured funding from the CARES Act and Centers for Medicare and Medicaid Services to cover eligible expenditures.
Official website here: www.wakerobin.com
What are the reviews and ratings of this charity?
86% rating from Charity Navigator indicates that Wake Robin Corporation is a well-managed nonprofit with a Three-Star out of Four Star rating. The high score in Accountability & Finance (93%) reflects strong governance practices and transparency, including a fully independent board and diligent financial oversight.
The organization demonstrates a commitment to best practices, such as having policies for conflict of interest and whistleblower protections, which contribute to its sound financial management. Additionally, it has a commendable program expense ratio of 93.87%, indicating that a significant portion of funds is directed towards its programs rather than administrative costs.
In terms of culture and community, Wake Robin Corporation excels with a perfect score of 100%. This suggests they actively collect and utilize feedback from stakeholders, emphasizing their responsiveness and engagement with the community they serve. Overall, the organization appears to be effectively meeting its mission while maintaining a high standard of accountability and community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Wake Robin Corporation legitimate?
Wake Robin Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Robin Corporation 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: $332,190
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,859,593
For more financial information, click here
Official website here: www.wakerobin.com
What is the mission statement of Wake Robin Corporation?
Wake Robin Corporation is dedicated to creating a sustainable community for the elderly, combining mutual support and independence while addressing their health and wellness. The organization operates a continuing care retirement community, providing residents with housing, healthcare services, food services, and other ancillary services. Wake Robin's mission emphasizes community life, with residents encouraged to engage as much as they choose. The community offers accommodations for both independent living and skilled nursing care, housing approximately 400 residents. In response to the challenges brought by the COVID-19 pandemic, Wake Robin has provided financial assistance to residents in need and implemented measures for disease control, ensuring the wellbeing of its residents.
Official website here: www.wakerobin.com
Who is the CEO of Wake Robin Corporation?
Marysue Kelsen is the Chair of Wake Robin Corporation. The CEO's salary of Wake Robin Corporation is $156,976 and their total compensation is $161,402.
Official website here: www.wakerobin.com
What is the revenue of Wake Robin Corporation?
Wake Robin Corporation's revenue in 2022 was $34,338,892.
Official website here: www.wakerobin.com
Who are the executives of Wake Robin Corporation and what are their salaries?
The average compensation at Wake Robin Corporation during 2022 was $18,373. There are 337 employees and 14 volunteers at Wake Robin Corporation.
Here are 21 key members and their salaries (Wake Robin Corporation's CEO's salary is $156,976 and their total compensation is $161,402):
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- Compensation: $156,976
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- Compensation: $165,527
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- Compensation: $126,930
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- Other: $12,383
- Compensation: $123,522
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- Other: $12,123
Official website here: www.wakerobin.com
Where can I find the form 990 for Wake Robin Corporation?
Wake Robin Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wakerobin.com
Learn more at the official website: www.wakerobin.com
Mission Statement of Wake Robin Corporation
Wake Robin Corporation, a charitable organization, is dedicated to establishing and maintaining continuing care retirement communities for the elderly. Its mission is to create a vibrant, dynamic community for seniors that balances mutual support and independence while prioritizing their health and wellness. Residents at Wake Robin find themselves in a "resident-driven" community, where they can engage as much or as little as they choose, both inside and outside the corporation.
Wake Robin offers housing, healthcare services, food services, security, and other ancillary services to its senior residents. The organization is deeply rooted in the values of community, balance, difference, environmental stewardship, and humor. At the heart of its operations is a life plan community, which includes 250 independent living homes and 98 homes in the Linden Health Center, with 41 residential care homes, 39 skilled nursing homes, and 18 memory care units. As of December 31, 2022, the community housed approximately 322 residents in independent homes and 78 residents in the health center.
Wake Robin extends its support to its residents through benevolence assistance, offering help to those who have depleted their financial resources through no fault of their own. Despite the challenges brought about by the COVID-19 pandemic, the organization continued to provide essential services, incurring increased expenses for disease control, personal protective equipment, cleaning supplies, and workforce wages. Funding made available through the CARES Act and Centers for Medicare and Medicaid Services (CMS) was utilized for eligible expenditures to mitigate the financial impact.
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Impact
October, 2024
Wake Robin Corporation significantly enhances the quality of life for older adults by creating a thriving continuing care retirement community in Shelburne, Vermont. The organization focuses on establishing a sustainable environment that balances mutual support with individual independence, fostering a sense of community among residents.
With 250 independent living homes and a Linden Health Center that accommodates 98 residents, Wake Robin provides comprehensive services, including housing, healthcare, food, security, and ancillary support tailored to the unique needs of seniors. This model not only addresses the physical health and wellness of residents but also nurtures social engagement, allowing individuals to participate in community life as much as they wish.
The organization’s commitment to core values—community, balance, difference, environmental stewardship, and humor—cultivates a welcoming atmosphere where seniors can thrive. Additionally, Wake Robin’s benevolence assistance program supports residents facing financial difficulties, ensuring they have access to necessary resources without compromising their dignity or care.
Despite challenges during the COVID-19 pandemic, including increased expenses and decreased resident activity, Wake Robin adapted by utilizing available funding to maintain high standards of care and safety. This adaptability underscores the community's resilience and dedication to the well-being of its residents. Through its comprehensive services and commitment to fostering an inclusive, supportive environment, Wake Robin Corporation has a profound and positive impact on the lives of older adults in the region.
This information is meant to be a general summary of Wake Robin Corporation. 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: $497,230
- Program Service Revenue: $33,028,894
- Gross Receipts: $38,711,059
Assets and Liabilities:
- Total Assets: $131,686,874
- Total Liabilities: $154,595,603
- Net Assets: -$22,908,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$17,878,186
AMORTIZATION OF ENTRANCE FEE
Revenue
$7,185,990
HEALTH CARE REVENUE
Revenue
$5,487,161
TERMINATION FEES
Revenue
$1,778,069
ANCILLARY REVENUE
Revenue
$699,488
Organization Details
Founding Year
1984
Phone
(802) 264-5100Principal Officer
Marysue Kelsen
Main Address
200 WAKE ROBIN DRIVE, SHELBURNE, VT, 05482
Website
www.wakerobin.comNTEE Category
Code: P750 - Human services
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