Overview
What is Elm Terrace Gardens?
Elm Terrace Gardens is a non-profit corporation based in Lansdale, Pennsylvania, providing quality housing, healthcare, and related services for elderly residents. They operate a continuing care retirement community with a 72-bed nursing facility, a 64-bed personal care facility, a 24-bed memory support facility, and 146 independent living apartments. Their primary service area includes Lansdale and surrounding communities in Montgomery County, Pennsylvania. During the fiscal year, they served 394 residents, offering independent living, personal care, and skilled nursing services to those who meet certain criteria at amounts below the cost of care. Elm Terrace Gardens aims to ensure the highest levels of resident well-being within a safe, caring, attractive, stimulating, and spiritually nourishing environment. They maintain records to identify and monitor the level of benevolent care they provide, with a team of approximately 180 employees.
Official website here: www.elmterracegardens.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
Elm Terrace Gardens has received an 85% rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization demonstrates a strong governance structure with a fully independent board and effective oversight mechanisms, reflecting a commitment to transparency and ethical practices.
The nonprofit excels in financial management, evidenced by its high program expense ratio of 86.23%. This suggests that a significant portion of its resources is directed towards fulfilling its mission rather than overhead costs, which is a positive indicator for potential donors and stakeholders.
While the overall rating is commendable, there are no specific limitations noted in the data. The absence of any material diversion of assets further reinforces the organization’s reliability and integrity in managing its funds.
This AI summary has been generated from information found on Charity Navigator.
Is Elm Terrace Gardens legitimate?
Elm Terrace Gardens is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elm Terrace Gardens 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: $502,774
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,202,322
For more financial information, click here
Official website here: www.elmterracegardens.org
What is the mission statement of Elm Terrace Gardens?
Elm Terrace Gardens, a non-profit corporation, is dedicated to enhancing the living experience of older adults. By offering independent living, personal care, and skilled nursing services, the organization ensures the highest levels of resident well-being in a nurturing and stimulating environment. Elm Terrace Gardens serves a diverse population of elderly individuals, providing them with quality housing, healthcare, and related services. The organization's mission prioritizes state-of-the-art long-term care, ensuring that eligible residents receive essential services at costs below the organization's provision expenses. With a focus on benevolent care, Elm Terrace Gardens strives to uphold the well-being of its residents, fostering an atmosphere of safety, comfort, and spiritual growth.
Official website here: www.elmterracegardens.org
Who is the CEO of Elm Terrace Gardens?
Timothy Murphy is the President/Ceo of Elm Terrace Gardens. The CEO's salary of Elm Terrace Gardens is $254,239 and their total compensation is $280,868.
Official website here: www.elmterracegardens.org
What is the revenue of Elm Terrace Gardens?
Elm Terrace Gardens's revenue in 2022 was $23,104,029.
Official website here: www.elmterracegardens.org
Who are the executives of Elm Terrace Gardens and what are their salaries?
The average compensation at Elm Terrace Gardens during 2022 was $42,806. There are 180 employees and 45 volunteers at Elm Terrace Gardens.
Here are 18 key members and their salaries (Elm Terrace Gardens's CEO's salary is $254,239 and their total compensation is $280,868):
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- Compensation: $254,239
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- Other: $26,629
- Compensation: $166,343
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- Other: $43,620
- Compensation: $118,045
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- Other: $20,580
- Compensation: $161,253
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- Other: $43,314
- Compensation: $134,782
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- Other: $7,948
- Compensation: $132,448
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- Compensation: $111,993
- Related: $0
- Other: $4,099
Official website here: www.elmterracegardens.org
Where can I find the form 990 for Elm Terrace Gardens?
Elm Terrace Gardens's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elmterracegardens.org
Learn more at the official website: www.elmterracegardens.org
Mission Statement of Elm Terrace Gardens
Elm Terrace Gardens, a non-profit corporation, is dedicated to serving older adults by offering independent living, personal care, and skilled nursing services in a nurturing and stimulating environment. The organization strives for the highest level of resident well-being within the context of state-of-the-art long-term care.
Elm Terrace Gardens operates a continuing care retirement community, providing quality housing, healthcare, and related services to elderly residents. The community consists of a 72-bed nursing facility, a 64-bed personal care facility, a 24-bed memory support facility, and 146 independent living apartments. Residents who meet certain criteria receive independent living, personal care, and memory care services at amounts less than the cost of providing care. The organization maintains records to identify and monitor the level of benevolent care it provides. The costs associated with the benevolent care services include both direct costs and estimated indirect costs, calculated by management. Overall, Elm Terrace Gardens aims to provide a safe, caring, and spiritually nourishing environment for older adults, focusing on their well-being and quality of life.
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Impact
October, 2024
Elm Terrace Gardens significantly impacts the lives of elderly residents in Lansdale, Pennsylvania, and the surrounding communities by providing quality housing, health care, and essential support services. With a comprehensive continuum of care, it operates a 72-bed nursing facility, a 64-bed personal care facility, a 24-bed memory support facility, and 146 independent living apartments.
During the last fiscal year, Elm Terrace Gardens served 394 residents, ensuring that each individual receives tailored care that meets their unique needs. The environment is designed to be safe, caring, and spiritually nourishing, creating a supportive community where residents can thrive.
Moreover, Elm Terrace Gardens is committed to affordability, offering services at lower costs than the actual expenses incurred, including benevolent care for those who require assistance beyond their means. This dedication ensures that all residents have access to vital services, enhancing their well-being and quality of life.
Overall, the impact of Elm Terrace Gardens extends beyond mere housing; it fosters a thriving community where elderly residents can live with dignity, receive compassionate care, and maintain their independence in a supportive and stimulating environment.
This information is meant to be a general summary of Elm Terrace Gardens. 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: $119,066
- Program Service Revenue: $20,438,723
- Gross Receipts: $26,316,925
Assets and Liabilities:
- Total Assets: $44,942,521
- Total Liabilities: $31,744,751
- Net Assets: $13,197,770
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESIDENT SERVICE REVENUE
Revenue
$20,438,723
Organization Details
Founding Year
1979
Phone
(215) 361-5664Principal Officer
Timothy Murphy
Main Address
660 N BROAD STREET, LANSDALE, PA, 19446
Website
www.elmterracegardens.orgNTEE Category
Code: P750 - Human services
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