Overview
What is Woodlawn Apartments Inc?
Woodlawn Apartments Inc, located at 156 Lawrence Street, Saratoga Springs, NY 12866, is a nonprofit organization that offers housing for seniors. The community comprises 60 independent units and 40 enriched housing units, catering to approximately 140 seniors annually. The organization is deeply committed to philanthropy, with management members contributing over 750 hours annually to local organizations. Among these, they support the Alzheimer's Association, Saratoga Planning Board, Saratoga ArtsFest, Saratoga Springs Lions Club, Saratoga Rotary, Leadership Saratoga, and the Saratoga County Chamber of Commerce, among others. The Wesley Campus, which houses Woodlawn Apartments, also accommodates meetings and activities for over 15 not-for-profit organizations. Woodlawn Apartments prioritizes maintaining independence for its residents throughout their aging process, offering a supportive environment tailored to meet their personal needs.
Official website here: www.thewesleycommunity.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Woodlawn Apartments Inc has earned a Three-Star rating with an overall score of 81%, primarily based on its Accountability & Finance metrics. The organization demonstrates strong governance practices, highlighted by a fully independent board and comprehensive financial oversight. Their commitment to transparency is evident through the availability of key policies such as conflict of interest and whistleblower protections, which are all properly documented.
Strengths of the organization include a high program expense ratio of 89.41%, indicating effective allocation of resources towards its mission. Additionally, the absence of material diversion of assets reflects the organization’s financial integrity. The fiscal management practices are further reinforced by the presence of an audit and oversight committee.
However, Woodlawn Apartments Inc received a lower score in the Liabilities to Assets ratio at 70.09%, which may raise concerns about financial stability. While the organization excels in many areas, attention to managing liabilities could enhance its overall financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Woodlawn Apartments Inc legitimate?
Woodlawn Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodlawn Apartments 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: $1,381,775
For more financial information, click here
Official website here: www.thewesleycommunity.org
What is the mission statement of Woodlawn Apartments Inc?
Woodlawn Apartments Inc is committed to providing a community of independent and enriched housing, focusing on maintaining residents' independence throughout the aging process. The organization offers a supportive environment that can be tailored to meet each resident's personal needs. Woodlawn Apartments Inc has a total of 100 units, including 60 independent units and 40 enriched housing units, which were provided to approximately 140 seniors in 2022. The Wesley Community, which oversees Woodlawn Apartments Inc, has embraced a philanthropic culture. Management donates over 750 hours annually of their time to various local organizations to support the not-for-profit needs in the community. Staff members also regularly contribute their time to numerous local organizations, such as the Alzheimer's Association, Saratoga Planning Board, and Saratoga ArtsFest, among others. Additionally, the Wesley Campus regularly hosts activities and meetings for over 15 not-for-profit organizations.
Official website here: www.thewesleycommunity.org
Who is the CEO of Woodlawn Apartments Inc?
J Brian Nealon is the CEO of Woodlawn Apartments Inc The CEO's salary of Woodlawn Apartments Inc is $0 and their total compensation is $317,691.
Official website here: www.thewesleycommunity.org
What is the revenue of Woodlawn Apartments Inc?
Woodlawn Apartments Inc's revenue in 2023 was $5,191,601.
Official website here: www.thewesleycommunity.org
Who are the executives of Woodlawn Apartments Inc and what are their salaries?
The average compensation at Woodlawn Apartments Inc during 2023 was $21,933. There are 63 employees and 68 volunteers at Woodlawn Apartments Inc.
Here are 10 key members and their salaries (Woodlawn Apartments Inc's CEO's salary is $0 and their total compensation is $317,691):
- Compensation: $0
- Related: $304,000
- Other: $13,691
- Compensation: $0
- Related: $193,003
- Other: $0
- Compensation: $0
- Related: $120,016
- Other: $11,720
- 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.thewesleycommunity.org
Where can I find the form 990 for Woodlawn Apartments Inc?
Woodlawn Apartments Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.thewesleycommunity.org
Learn more at the official website: www.thewesleycommunity.org
Mission Statement of Woodlawn Apartments Inc
Woodlawn Apartments Inc is dedicated to providing a community of independent and enriched housing, with a focus on maintaining that independence throughout the aging process. The organization offers a supportive environment that can be tailored to meet the unique needs of its residents. This mission is carried out by providing 60 independent units and 40 enriched housing units to approximately 140 seniors annually.
Beyond the physical accommodations, Woodlawn Apartments Inc also embodies a philanthropic culture. The management team contributes over 750 hours of their own time each year to local organizations, further supporting the not-for-profit needs in the community. This involvement extends to staff members who regularly contribute their time to various organizations, such as the Alzheimer's Association, Saratoga Planning Board, Saratoga ArtsFest, and the Saratoga Springs Lions Club, among others. Moreover, the Wesley Campus, where Woodlawn Apartments Inc is located, regularly hosts the activities and meetings of over 15 not-for-profit organizations. This holistic approach to community engagement reflects Woodlawn Apartments Inc's commitment to its residents and the broader community.
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Impact
October, 2024
Woodlawn Apartments Inc plays a vital role in fostering a community where seniors can maintain their independence while receiving support tailored to their individual needs. In 2022, the facility offered 60 independent living units and 40 enriched housing units, serving approximately 140 seniors. This approach not only enhances quality of life but also promotes dignity and self-sufficiency among residents.
The community's commitment to holistic well-being extends beyond housing. Woodlawn Apartments actively cultivates a philanthropic culture, with management dedicating over 750 hours annually to local organizations. Staff members engage in a variety of initiatives, contributing their time and expertise to reputable organizations such as the Alzheimer's Association and the Saratoga Springs Lions Club.
Moreover, the Wesley Campus—under which Woodlawn operates—serves as a hub for over 15 not-for-profit organizations, hosting their meetings and activities. This engagement not only strengthens community ties but also enriches the social fabric of Saratoga Springs, ensuring that both residents and local organizations thrive together in a collaborative environment.
This information is meant to be a general summary of Woodlawn Apartments 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 2023.
- Investment Income: $43,068
- Program Service Revenue: $4,927,534
- Gross Receipts: $7,551,759
Assets and Liabilities:
- Total Assets: $9,830,253
- Total Liabilities: $6,891,199
- Net Assets: $2,939,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DINING REVENUE
Revenue
$71,069
HOUSEKEEPING
Revenue
$13,925
PHONE & CABLE SERVICE
Revenue
$71,975
RENTS
Revenue
$4,770,565
Organization Details
Founding Year
1999
Principal Officer
J Brian Nealon
Website
www.thewesleycommunity.orgNTEE Category
Code: P750 - Human services
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