Overview
What is Homestead Village Inc?
Homestead Village Inc, located in Lancaster, Pennsylvania, is a nonprofit organization that offers independent living accommodations to 575 senior adults as of June 2022. They provide housing in various types, including single family homes, duplexes and triplexs, apartments, and farmstead homes. Homestead Village is the first stage of the quality continuum of care for senior adults, offering an active lifestyle with a variety of activities, life-long learning opportunities, and worry-free home maintenance. The organization employs 326 people, dedicated to enhancing independence and dignity while creating a compassionate community. Residents can enjoy peace of mind with superior care available to them through the "Thrive Where You Are" philosophy, and home care services continue to expand and play a crucial role in this philosophy.
Official website here: www.homesteadvillage.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Homestead Village Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization excelled in various metrics, particularly in maintaining an independent board and having a well-structured audit and oversight committee, which reflects strong governance practices. Additionally, they reported a program expense ratio of 87.26%, suggesting that a significant portion of their funds is directed towards their programs rather than administrative costs.
The nonprofit's commitment to transparency is evident, as they have established comprehensive policies, including conflict of interest and whistleblower policies. Their website is also listed on the tax form, reinforcing their accountability to donors and stakeholders. Furthermore, the absence of any material diversion of assets adds to the organization's credibility and trustworthiness.
While the organization's financial management appears robust, the overall rating is based solely on the accountability and finance beacon. This focus may limit insights into other operational areas such as program effectiveness or donor engagement, which could be valuable for potential supporters. Nonetheless, Homestead Village Inc shows a commendable level of financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Homestead Village Inc?
86% of reviewers on Facebook recommend Homestead Village Inc. Here is a summary of their reviews:
Many commenters appreciate the dedication and commitment of the team at Homestead Village Inc. They emphasize the caring nature of the staff, highlighting how they place importance on the well-being of both residents and employees. The positive sentiment reflects a strong support for the nonprofit's mission and the quality of its services.
Overall, the atmosphere created by the organization is characterized as warm and supportive, with individuals feeling valued and looked after. This dedication resonates well with the community, leading to a favorable perception of the nonprofit.
This AI summary has been generated from reviews found on Facebook.
Is Homestead Village Inc legitimate?
Homestead Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Homestead Village 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: $482,648
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,352,929
For more financial information, click here
Official website here: www.homesteadvillage.org
What is the mission statement of Homestead Village Inc?
Homestead Village Inc is dedicated to enhancing independence and dignity for seniors by creating a compassionate community. They offer residential living accommodations for 575 residents, including single family homes, duplexes, triplexes, apartments, and farmstead homes. This is the first stage in their continuum of care for senior adults. Homestead Village encourages active living with various activities and lifelong learning opportunities. Home maintenance worries are alleviated, and residents can enjoy peace of mind with superior care available to them through the "Thrive Where You Are" philosophy. Home care services continue to expand, playing a crucial role in this philosophy.
Official website here: www.homesteadvillage.org
Who is the CEO of Homestead Village Inc?
Douglas V Motter is the Immediate Past Chairman of Homestead Village Inc.
Official website here: www.homesteadvillage.org
What is the revenue of Homestead Village Inc?
Homestead Village Inc's revenue in 2022 was $26,063,641.
Official website here: www.homesteadvillage.org
Who are the executives of Homestead Village Inc and what are their salaries?
The average compensation at Homestead Village Inc during 2022 was $27,103. There are 326 employees and 204 volunteers at Homestead Village Inc.
Here are 17 key members and their salaries:
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- Compensation: $209,475
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- Compensation: $169,855
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- Compensation: $167,049
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- Compensation: $142,310
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- Other: $15,536
- Compensation: $104,341
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- Other: $27,491
Official website here: www.homesteadvillage.org
Where can I find the form 990 for Homestead Village Inc?
Homestead Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.homesteadvillage.org
Learn more at the official website: www.homesteadvillage.org
Mission Statement of Homestead Village Inc
Homestead Village Inc, a continuing care retirement community, is dedicated to enhancing the independence and dignity of its residents as they come together to create a compassionate community. The organization offers residential living accommodations, providing a home for 575 seniors on June 30, 2022. These accommodations include single family homes, duplex and triplex villas, apartments, and farmstead homes, with an increase of 5 homes in the farmstead from the previous year.
Homestead Village Inc's residential living is the first stage in its quality resident-focused continuum of care. Seniors living here enjoy an active lifestyle through a variety of activities, lifelong learning opportunities, worry-free home maintenance, and peace of mind, knowing superior care is available to them through the organization's "Thrive Where You Are" philosophy. The community's home care services continue to grow and play a vital role in this philosophy, ensuring seniors can thrive in their own homes.
Residents of Homestead Village Inc are surrounded by opportunities for social engagement and personal growth. They participate in various activities designed to keep them active and engaged, from fitness classes and hobby groups to educational workshops and volunteer opportunities. The organization's commitment to ensuring their residents can thrive in their living environment extends beyond residential accommodations, providing them with the care and support they need to age gracefully and maintain their independence. By fostering a compassionate community where seniors can live their best lives, Homestead Village Inc is truly making a difference in the lives of its residents.
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Impact
October, 2024
Homestead Village Inc has made a significant impact on the lives of senior adults in Lancaster, PA, by providing a vibrant and supportive community aimed at enhancing their independence and dignity. With residential living accommodations for 575 residents across a variety of housing options, including single-family homes, duplexes, triplex villas, apartments, and specialized farmstead homes, it creates a diverse living environment tailored to individual needs.
The community promotes active living through an array of activities and lifelong learning opportunities, encouraging residents to engage with each other and pursue their interests. This fosters social connections and combats loneliness, a common concern among seniors.
Moreover, the organization's focus on worry-free home maintenance alleviates the burdens of home upkeep, allowing residents to enjoy their retirement years more fully. The "Thrive Where You Are" philosophy underpins their holistic approach to care, emphasizing that residents can remain in their homes while accessing superior care services as needed. This flexible model not only supports individual health and well-being but also ensures peace of mind for residents and their families.
By cultivating a compassionate community, Homestead Village Inc has created an environment where seniors can flourish, maintain their independence, and receive the care needed as their circumstances evolve.
This information is meant to be a general summary of Homestead Village 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: $548,759
- Program Service Revenue: $24,661,404
- Gross Receipts: $27,054,456
Assets and Liabilities:
- Total Assets: $95,050,545
- Total Liabilities: $89,221,377
- Net Assets: $5,829,168
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$19,467,279
ENTRANCE FEES
Revenue
$4,283,012
DINING SERVICES
Revenue
$903,838
THERAPY POOL AND FITNESS MEMBERSH
Revenue
$7,275
Organization Details
Founding Year
1976
Phone
(717) 397-4831Principal Officer
Douglas V Motter
Main Address
1800 VILLAGE CIRCLE, LANCASTER, PA, 17603
Website
www.homesteadvillage.orgNTEE Category
Code: P750 - Human services
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