Overview
What is Grace Brethren Village Inc?
Grace Brethren Village Inc, a faith-based nonprofit organization situated in Englewood, Ohio, has been serving the community since 1971. The organization provides housing and services for seniors, catering to various living needs. With 50 beds in the nursing home, four assisted living apartments, and 82 independent living units, Grace Brethren Village Inc offers a comprehensive range of accommodations. Beyond just housing, the organization strives to fulfill the physical, intellectual, social, emotional, and spiritual needs of its residents. The organization's mission is to embody the values of the Christian tradition by sharing compassionate care with residents on a daily basis, aiming to enhance the celebration of life. Currently, the organization employs 108 individuals, all committed to adding life to the years of their residents.
Official website here: www.gbvillage.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 85% - Three-Star out of Four Star Rating
Grace Brethren Village Inc has achieved an overall score of 85%, which translates to a Three-Star rating on Charity Navigator. This score reflects a solid performance in accountability and finance, demonstrating a commitment to transparency and responsible management of resources. The organization boasts a fully independent board, strong audit and oversight practices, and comprehensive policies regarding conflicts of interest and whistleblowing.
The organization's financial health is depicted through its high program expense ratio of nearly 89%, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. Furthermore, there have been no reported material diversions of assets, which reinforces its integrity and commitment to its mission.
However, the liabilities to assets ratio at approximately 64.91% suggests that the organization may have a relatively high level of liabilities compared to its assets, which could be a point of concern for financial sustainability in the long run. Overall, while Grace Brethren Village Inc demonstrates many strengths, potential supporters should consider both its solid operational practices and the implications of its financial ratios.
This AI summary has been generated from information found on Charity Navigator.
Is Grace Brethren Village Inc legitimate?
Grace Brethren Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace Brethren 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: $107,808
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,067,078
For more financial information, click here
Official website here: www.gbvillage.com
What is the mission statement of Grace Brethren Village Inc?
Grace Brethren Village Inc's mission is centered around providing the love of Christ to its residents. This is accomplished through the daily involvement of its staff, who offer compassionate physical, emotional, and spiritual care. The aim is to enhance the celebration of life, adding vitality and meaning to the years spent in the community. The organization operates as a faith-based continuing care retirement community, offering housing and services for independent living, assisted living, and skilled nursing, since its establishment in 1971. Beyond providing housing, Grace Brethren Village Inc aims to exemplify Christian values while addressing the physical, intellectual, social, emotional, and spiritual needs of its residents. Since 2006, the organization has been dual-certified for Medicaid and Medicare, serving a portion of its nursing home residents.
Official website here: www.gbvillage.com
What is the revenue of Grace Brethren Village Inc?
Grace Brethren Village Inc's revenue in 2023 was $5,517,171.
Official website here: www.gbvillage.com
Who are the executives of Grace Brethren Village Inc and what are their salaries?
The average compensation at Grace Brethren Village Inc during 2023 was $20,912. There are 104 employees and 14 volunteers at Grace Brethren Village Inc.
Here are 10 key members and their salaries:
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- Compensation: $96,637
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- Other: $11,171
Official website here: www.gbvillage.com
Where can I find the form 990 for Grace Brethren Village Inc?
Grace Brethren Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gbvillage.com
Learn more at the official website: www.gbvillage.com
Mission Statement of Grace Brethren Village Inc
Grace Brethren Village Inc, a faith-based not-for-profit organization, strives to share the love of Christ with its residents through compassionate care. This is accomplished daily by their dedicated staff, who attend to the physical, emotional, and spiritual needs of the residents. The ultimate goal of Grace Brethren Village Inc is to enhance the celebration of life, adding depth and meaning to each year lived within their community. The organization offers a range of living options, including independent living, assisted living, and skilled nursing, ensuring that they can cater to the diverse needs of its senior residents. By embodying the values of the Christian tradition, Grace Brethren Village Inc seeks to foster a supportive environment where its residents can thrive, both physically and spiritually.
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Impact
October, 2024
Grace Brethren Village Inc significantly impacts the lives of seniors by offering a nurturing environment designed to enhance their overall quality of life. By providing compassionate physical, emotional, and spiritual care, the organization focuses on adding meaning and joy to the lives of its residents, encapsulating the philosophy of "adding life to years."
Since its inception in 1971, Grace Brethren Village has established itself as a vital resource for seniors in the Englewood, OH area, offering a comprehensive range of services, including independent living, assisted living, and skilled nursing care. This holistic approach prioritizes not only the residents' physical well-being but also their intellectual, social, and spiritual needs.
The facilities, which include a nursing home, assisted-living apartments, and independent-living units, are designed to foster a sense of community and belonging among residents. The staff's dedication to exemplifying the values of the Christian tradition helps create an atmosphere of love and support, empowering residents to celebrate life fully and meaningfully.
Through its commitment to compassionate care and its faith-based mission, Grace Brethren Village Inc plays a crucial role in enriching the lives of its residents, ensuring that their later years are filled with dignity, joy, and connection.
This information is meant to be a general summary of Grace Brethren 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 2023.
- Investment Income: $41,840
- Program Service Revenue: $5,352,165
- Gross Receipts: $5,517,171
Assets and Liabilities:
- Total Assets: $7,305,922
- Total Liabilities: $5,401,596
- Net Assets: $1,904,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$5,352,165
Organization Details
Founding Year
1969
Principal Officer
Laura Russell
Website
www.gbvillage.comNTEE Category
Code: L22 - Housing
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