Overview
What is Stoneridge Retirement Living?
Stoneridge Retirement Living is a nonprofit organization based in Myerstown, Pennsylvania. They specialize in providing a continuum of care for the elderly, with services ranging from skilled nursing and intermediate care to personal care and independent living. Their mission is rooted in providing responsive care, organizational flexibility, a dedicated team, and a secure residence within their retirement communities. The organization employs 287 individuals and operates under the guidelines of the Department of Health and Human Services.
Official website here: www.stoneridgeretirement.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Stoneridge Retirement Living has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. This rating reflects the organization’s commitment to transparency and effective governance, with an impressive 75% of its board members being independent. The strong accountability metrics, especially the absence of material diversion of assets, highlight the nonprofit’s sound financial practices.
The organization has demonstrated strength in its program expense ratio, allocating 85.61% of its expenses directly towards programs, which suggests a strong focus on fulfilling its mission. Additionally, all required policies, such as conflict of interest and whistleblower policies, are in place and adhered to, further underscoring the nonprofit's ethical operations. The board's robust oversight is reinforced by regular documentation of meeting minutes.
Despite the positive aspects, there is no information provided regarding the impact or reach of their programs, which could give a fuller picture of their effectiveness in serving their community. Overall, Stoneridge Retirement Living stands out as a financially responsible nonprofit, but potential supporters may want to seek additional information on their program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Stoneridge Retirement Living legitimate?
Stoneridge Retirement Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stoneridge Retirement Living 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: $6,659,356
For more financial information, click here
Official website here: www.stoneridgeretirement.com
What is the mission statement of Stoneridge Retirement Living?
Stoneridge Retirement Living is dedicated to following Christ's example of love and care, consistently providing responsive services in their continuing care retirement communities. Their mission encompasses skilled nursing, intermediate care, personal care, and independent living for the elderly. They ensure a well-trained, devoted team and an appealing, secure residence to cater to the varying care needs of their residents. Their services extend to medical care for those qualifying under skilled and intermediate care definitions, assisted living, and independent living arrangements.
Official website here: www.stoneridgeretirement.com
Who is the CEO of Stoneridge Retirement Living?
Ryan T Casey is the President Ceo of Stoneridge Retirement Living. The CEO's salary of Stoneridge Retirement Living is $0 and their total compensation is $525,301.
Official website here: www.stoneridgeretirement.com
What is the revenue of Stoneridge Retirement Living?
Stoneridge Retirement Living's revenue in 2022 was $21,446,476.
Official website here: www.stoneridgeretirement.com
Who are the executives of Stoneridge Retirement Living and what are their salaries?
The average compensation at Stoneridge Retirement Living during 2022 was $23,203. There are 287 employees at Stoneridge Retirement Living.
Here are 4 key members and their salaries (Stoneridge Retirement Living's CEO's salary is $0 and their total compensation is $525,301):
- Compensation: $0
- Related: $513,101
- Other: $12,200
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.stoneridgeretirement.com
Where can I find the form 990 for Stoneridge Retirement Living?
Stoneridge Retirement Living's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stoneridgeretirement.com
Learn more at the official website: www.stoneridgeretirement.com
Mission Statement of Stoneridge Retirement Living
Stoneridge Retirement Living, a leading continuing care retirement community provider, is dedicated to following Christ's loving example by consistently delivering responsive care to the elderly. Their mission is threefold: providing skilled and intermediate nursing care, personal care, and independent living services.
The skilled and intermediate nursing care offered by Stoneridge Retirement Living adheres to the medical definitions set by the Department of Health and Human Services. This means that they offer medical services to individuals requiring such care. Complementing this, they provide personal care for those in need of an assisted-living level of care, offering services and facilities tailored to their needs. Additionally, they cater to independent living residents, providing services and facilities for those living on their own in apartments and cottages.
Stoneridge Retirement Living's team is well-trained and devoted, consistently ensuring that the elderly residents receive the best possible care. They offer an appealing and secure residence, allowing the elderly to feel at ease and comfortable while receiving the care they need. By combining organizational flexibility with a caring and dedicated team, Stoneridge Retirement Living sets itself apart as a trusted provider of retirement living services.
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Impact
October, 2024
Stoneridge Retirement Living significantly enhances the quality of life for the elderly by offering a comprehensive range of services tailored to meet diverse needs, from independent living to skilled nursing care. Situated in Myerstown, PA, it operates continuing care retirement communities that ensure residents receive the appropriate level of support at every stage of their lives.
Their skilled and intermediate nursing care programs provide essential medical services to individuals requiring specialized attention, ensuring a high standard of health care. For those who need assistance with daily activities, Stoneridge offers personal care services in a nurturing environment, facilitating a comfortable transition for residents. Additionally, their independent living options allow seniors to maintain autonomy while having access to a vibrant community and various supportive resources.
The organization’s commitment to embodying Christ's loving example is reflected in their mission to deliver responsive care and maintain organizational flexibility. Their well-trained, devoted team fosters an appealing atmosphere that prioritizes security and well-being, promoting a sense of belonging and community among residents.
Overall, Stoneridge Retirement Living plays a crucial role in enriching lives, providing dignity, care, and companionship to the elderly, and contributing positively to the fabric of the community.
This information is meant to be a general summary of Stoneridge Retirement Living. 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: $1,374,024
- Program Service Revenue: $18,922,718
- Gross Receipts: $21,446,476
Assets and Liabilities:
- Total Assets: $66,714,449
- Total Liabilities: $24,970,580
- Net Assets: $41,743,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Service Revenue
Revenue
$18,922,718
Organization Details
Founding Year
1925
Phone
(717) 866-3200Principal Officer
Ryan T Casey
Main Address
440 EAST LINCOLN AVENUE, MYERSTOWN, PA, 17067
Website
www.stoneridgeretirement.comNTEE Category
Code: P750 - Human services
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