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Holy Redeemer Active & Retirement Living Communities

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232695245 ✦ Huntingdon valley, PA ✦ Designated as a 501(c)(3)

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Overview

What is Holy Redeemer Active & Retirement Living Communities?

Holy Redeemer Active & Retirement Living Communities is a nonprofit organization situated in Huntingdon Valley, Pennsylvania. Their primary mission is to offer safe and reasonably priced housing for the elderly, ensuring easy access to necessary medical care. In the fiscal year 2022, they held a controlling interest in an 89-unit Continuing Care Retirement Community (CCRC). By the end of that year, 88 units were occupied. Holy Redeemer Health System (HRHS) collaborates directly with the CCRC, ensuring that its residents can easily access various HRHS healthcare facilities. The organization operates as a 501(c)(3) public charity.

Is Holy Redeemer Active & Retirement Living Communities legitimate?

Holy Redeemer Active & Retirement Living Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Redeemer Active & Retirement Living Communities 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: $0

For more financial information, click here

What is the mission statement of Holy Redeemer Active & Retirement Living Communities?

Holy Redeemer Active & Retirement Living Communities is dedicated to providing safe and affordable housing for the elderly, with the added convenience of easy access to medical care. This mission is carried out by offering secure living spaces and ensuring that residents can easily avail of healthcare facilities. In the fiscal year 2022, the organization managed an 89-unit Continuing Care Retirement Community (CCRC), with 88 units being occupied at the year's end. Holy Redeemer Health System, a 501(c)(3) public charity, collaborates with the CCRC to ensure the residents have seamless access to various healthcare facilities under its wing.

Who is the CEO of Holy Redeemer Active & Retirement Living Communities?

Michael B Laign is the Board Member, President/Ceo of Holy Redeemer Active & Retirement Living Communities. The CEO's salary of Holy Redeemer Active & Retirement Living Communities is $0 and their total compensation is $816,147.

What is the revenue of Holy Redeemer Active & Retirement Living Communities?

Holy Redeemer Active & Retirement Living Communities's revenue in 2022 was $5,704.

Who are the executives of Holy Redeemer Active & Retirement Living Communities and what are their salaries?

There 6 volunteers at Holy Redeemer Active & Retirement Living Communities.


Here are 10 key members and their salaries (Holy Redeemer Active & Retirement Living Communities's CEO's salary is $0 and their total compensation is $816,147):


Michael B Laign (Board Member, President/Ceo)
  • Compensation: $0
  • Related: $795,722
  • Other: $20,425
William Sasso Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Crespi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Dupree Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Nicholas Lezzi (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Ellen Marvel Csr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robyn Walsh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald F Friel (Asst Treasurer)
  • Compensation: $0
  • Related: $420,777
  • Other: $94,137
Nancy Mandes (Treasurer)
  • Compensation: $0
  • Related: $179,921
  • Other: $39,979
Cristina Peoples (Corporate Secretary)
  • Compensation: $0
  • Related: $67,376
  • Other: $2,997
Where can I find the form 990 for Holy Redeemer Active & Retirement Living Communities?

Holy Redeemer Active & Retirement Living Communities's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Holy Redeemer Active & Retirement Living Communities

Holy Redeemer Active & Retirement Living Communities is dedicated to providing a secure and economical living environment for the elderly, with convenient access to essential medical care. The organization's mission is to ensure that elderly residents have a comfortable and affordable place to call home, while also ensuring they have easy access to necessary healthcare facilities. In practice, Holy Redeemer Active & Retirement Living Communities operates an 89-unit Continuing Care Retirement Community (CCRC). During the 2022 fiscal year, 88 of these units were occupied. Holy Redeemer Health System (HRHS) collaborates directly with the CCRC to ensure that its residents can easily access various HRHS healthcare facilities. Holy Redeemer Active & Retirement Living Communities operates as a 501(c)(3) public charity.

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Impact




August, 2024

Holy Redeemer Active & Retirement Living Communities provides a vital service by offering safe and affordable housing for the elderly while ensuring convenient access to medical care. This impact is seen in the improved quality of life for elderly residents who are able to live independently in a supportive community. By partnering with Holy Redeemer Health System, residents have easy access to a range of healthcare facilities and services, contributing to their overall well-being and care. The organization's mission to provide housing and medical support for the elderly directly enhances the lives of its residents and promotes a sense of security and comfort in their later years.




This information is meant to be a general summary of Holy Redeemer Active & Retirement Living Communities. 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.

Revenue
$5,704 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,704
  • Gross Receipts: $5,704

Assets and Liabilities:

  • Total Assets: -$3,003,992
  • Total Liabilities: $1,500,000
  • Net Assets: -$4,503,992

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Organization Details

Founding Year

1992

Principal Officer

Michael B Laign

Main Address

667 WELSH RD, HUNTINGDON VALLEY, PA, 19006

NTEE Category

Code: E210 - Health

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