Overview
What is Acts Retirement-Life Communities Inc?
Acts Retirement-Life Communities Inc is a nonprofit organization based in Fort Washington, Pennsylvania. They specialize in providing comprehensive retirement services for senior adults aged 62 and above. Their offerings include independent living housing, dining and nutritional services, pastoral services, security, housekeeping, maintenance services, and social, cultural, educational, spiritual, and recreational activities. When the health care needs of residents change, Acts offers home health, assisted living, skilled nursing care, and hospice services. All services and accommodations are provided under the terms of a formal lifecare agreement, ensuring continuity of care and financial security for residents. Acts serves an average of 6,609 residents in independent living, 683 residents in assisted living, and 1,013 residents in skilled care. Their mission is to serve older adults in a Christian manner, responding to their individual needs with kindness and respect, regardless of faith. They aim to provide a loving, dignified, sensitive, honest, and respectful environment. Acts employs a workforce of approximately 6,840 individuals.
Official website here: www.actsretirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Acts Retirement-Life Communities Inc has received a Three-Star rating from Charity Navigator, reflecting a solid overall score primarily driven by its strong accountability and finance practices. The organization demonstrates a commitment to transparency and governance, with 93% of its board members being independent and robust performance in audit and oversight, scoring full points in these areas.
Strengths highlighted include the organization’s impressive program expense ratio of 84.90%, indicating that a significant portion of its funds is allocated directly to its programs. Additionally, Acts Retirement-Life Communities Inc has established various policies related to conflict of interest, whistleblower protection, and document retention, contributing to its high marks for accountability.
While the rating is commendable, it is based solely on financial metrics, with no additional beacons considered. This may suggest that while the organization performs well financially, other qualitative aspects of its impact or effectiveness could not be evaluated in this score. Overall, Acts Retirement-Life Communities Inc shows strong financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Acts Retirement-Life Communities Inc legitimate?
Acts Retirement-Life Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Acts Retirement-Life Communities 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: $1,500
Other Salaries and Wages: $172,309,222
For more financial information, click here
Official website here: www.actsretirement.org
What is the mission statement of Acts Retirement-Life Communities Inc?
Acts Retirement-Life Communities Inc is dedicated to serving older adults aged sixty-two and above, offering retirement-life services that include independent living, assisted living, skilled nursing care, and complementary services. Acts prioritizes individual needs in a compassionate, Christian atmosphere, with a commitment to providing security and peace of mind through comprehensive life care services. These services encompass housing, dining and nutritional care, pastoral services, security, housekeeping, maintenance, and social, cultural, educational, spiritual, and recreational activities. Acts also provides home health, assisted living, skilled nursing care, and hospice services when residents' healthcare needs change, all under the terms of a lifecare agreement that guarantees these services without an increase in monthly fees. In 2022, Acts served an average of 6,609 residents in independent living, 683 residents in assisted living, and 1,013 residents in skilled care.
Official website here: www.actsretirement.org
Who is the CEO of Acts Retirement-Life Communities Inc?
Gerald T Grant is the Ceo of Acts Retirement-Life Communities Inc. The CEO's salary of Acts Retirement-Life Communities Inc is $0 and their total compensation is $1,360,520.
Official website here: www.actsretirement.org
What is the revenue of Acts Retirement-Life Communities Inc?
Acts Retirement-Life Communities Inc's revenue in 2022 was $486,125,080.
Official website here: www.actsretirement.org
Who are the executives of Acts Retirement-Life Communities Inc and what are their salaries?
The average compensation at Acts Retirement-Life Communities Inc during 2022 was $25,191. There are 6840 employees and 2148 volunteers at Acts Retirement-Life Communities Inc.
Here are 48 key members and their salaries (Acts Retirement-Life Communities Inc's CEO's salary is $0 and their total compensation is $1,360,520):
- Compensation: $0
- Related: $818,586
- Other: $541,934
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- Related: $2,695,355
- Other: $9,536
- Compensation: $0
- Related: $224,055
- Other: $20,084
- Compensation: $0
- Related: $308,738
- Other: $19,878
- Compensation: $0
- Related: $309,528
- Other: $26,771
- Compensation: $0
- Related: $287,849
- Other: $29,858
- Compensation: $0
- Related: $463,488
- Other: $360,930
- Compensation: $0
- Related: $364,879
- Other: $20,062
- Compensation: $0
- Related: $346,322
- Other: $30,444
- Compensation: $0
- Related: $414,958
- Other: $213,551
- Compensation: $0
- Related: $318,130
- Other: $25,348
- Compensation: $0
- Related: $381,300
- Other: $25,527
- Compensation: $0
- Related: $593,046
- Other: $212,745
- Compensation: $0
- Related: $334,206
- Other: $26,847
- Compensation: $0
- Related: $363,206
- Other: $19,991
- Compensation: $0
- Related: $286,818
- Other: $18,895
- Compensation: $0
- Related: $296,279
- Other: $12,516
- Compensation: $0
- Related: $363,519
- Other: $30,438
- Compensation: $0
- Related: $328,419
- Other: $26,815
- Compensation: $0
- Related: $254,212
- Other: $17,725
- Compensation: $0
- Related: $286,035
- Other: $19,045
- Compensation: $0
- Related: $286,328
- Other: $29,903
- Compensation: $0
- Related: $313,772
- Other: $30,336
- Compensation: $0
- Related: $227,080
- Other: $16,590
- Compensation: $0
- Related: $296,095
- Other: $24,476
- Compensation: $0
- Related: $208,602
- Other: $26,391
- Compensation: $0
- Related: $166,584
- Other: $7,009
- Compensation: $0
- Related: $207,870
- Other: $22,566
- Compensation: $0
- Related: $210,947
- Other: $19,477
- Compensation: $0
- Related: $213,430
- Other: $22,819
- Compensation: $216,133
- Related: $0
- Other: $26,442
- Compensation: $225,396
- Related: $0
- Other: $4,573
Official website here: www.actsretirement.org
Where can I find the form 990 for Acts Retirement-Life Communities Inc?
Acts Retirement-Life Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.actsretirement.org
Learn more at the official website: www.actsretirement.org
Mission Statement of Acts Retirement-Life Communities Inc
Acts Retirement-Life Communities Inc, a leading provider of retirement services, is dedicated to serving older adults aged sixty-two and above. With a mission grounded in Christian values, Acts extends loving kindness, dignity, sensitivity, honesty, and respect to all residents without prejudice or preference to any faith.
The organization's primary commitment involves offering comprehensive life care services that cater to individual, social, personal, health, and spiritual needs. Acts Retirement-Life Communities Inc is renowned for its independent living housing, dining and nutritional services, pastoral services, security, housekeeping, maintenance services, and an array of social, cultural, educational, spiritual, and recreational activities.
When residents' healthcare needs change, Acts goes the extra mile by providing home health, assisted living, skilled nursing care, and hospice services. All physical accommodations and services are offered under the terms of a formal lifecare agreement, ensuring that assisted living and skilled nursing care will be available to residents when they need it, without a change in their monthly fee, thereby providing additional security and peace of mind.
In 2022, Acts Retirement-Life Communities Inc served an average of 6,609 residents in independent living, 683 residents in assisted living, and 1,013 residents in skilled care, demonstrating their unwavering commitment to catering to the diverse needs of older adults.
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Impact
October, 2024
Acts Retirement-Life Communities Inc significantly enhances the lives of older adults aged 62 and above by providing a comprehensive suite of retirement-life services tailored to meet their diverse needs. It fosters a secure and supportive environment through independent living options, assisted living, skilled nursing care, and various complementary services, ensuring that residents can comfortably transition as their health care requirements change.
With a strong focus on individual needs, Acts offers not only physical accommodations but also a rich array of social, cultural, educational, spiritual, and recreational activities. These services are designed to promote a fulfilling lifestyle, allowing residents to maintain their independence while also having access to necessary care. The organization prioritizes the well-being of its residents, assuring them that their health care needs can be met without the worry of a change in monthly fees, thus providing peace of mind.
Acts emphasizes a commitment to kindness and respect, serving all residents without prejudice or preference, and fostering a sense of community that aligns with its mission of dignity and sensitivity. By doing so, Acts not only enriches the lives of seniors but also contributes positively to the wider community, creating a nurturing environment where older adults can thrive. In 2022, Acts served a substantial number of residents, catering to their physical, social, and spiritual needs with a focus on holistic care and supportive living.
This information is meant to be a general summary of Acts Retirement-Life Communities 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: $7,650,339
- Program Service Revenue: $461,186,416
- Gross Receipts: $578,881,245
Assets and Liabilities:
- Total Assets: $1,949,918,556
- Total Liabilities: $1,843,892,330
- Net Assets: $106,026,226
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY FEES
Revenue
$287,928,493
ENTRANCE FEE AMORT.
Revenue
$106,721,345
MEDICARE AND MEDICAID
Revenue
$33,407,177
MEDICAL SERVICES REV.
Revenue
$20,691,711
ADMINISTRATIVE FEE
Revenue
$9,347,576
Organization Details
Founding Year
1971
Phone
(215) 661-8330Principal Officer
Gerald T Grant
Main Address
420 DELAWARE DRIVE, FORT WASHINGTON, PA, 190342711
Website
www.actsretirement.orgNTEE Category
Code: P75 - Human services
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