Overview
What is Greencroft Communities Foundation Inc?
Greencroft Communities Foundation Inc is a charitable organization based in Goshen, Indiana, with a postal address at PO Box 819. Its primary mission is to provide financial assistance to residents of various Greencroft Retirement Communities and affiliated organizations, enabling seniors to navigate the opportunities and challenges of aging. The foundation aids residents at numerous related tax-exempt entities, including GreenCroft Central Manor, GreenCroft Manor II, GreenCroft Manor III, and others, as well as adult day services, privately supported senior centers, staff education grants, and residents whose financial resources are depleted. The organization's commitment to the community is driven by a passion for inspiring generosity.
Official website here: www.greencroft.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating.
Greencroft Communities Foundation Inc has demonstrated strong accountability and finance practices, earning a high score based entirely on this category. The organization boasts a fully independent board and excellent oversight, with no material diversion of assets reported. Their financial statements are well-audited, and they adhere to various policies that enhance transparency and governance.
The foundation's program expense ratio is impressive at 90.48%, indicating that a significant majority of its funds are directed towards its mission-related activities. Additionally, the working capital ratio of 4.51 years suggests a strong financial health and sustainability, which is reassuring for donors and stakeholders.
While the leadership salaries are disclosed, they are in line with expectations for nonprofit executives. Overall, Greencroft Communities Foundation Inc exemplifies a commitment to accountability and effective financial management, making it a reliable choice for donors seeking to support a trustworthy organization.
This AI summary has been generated from information found on Charity Navigator.
Is Greencroft Communities Foundation Inc legitimate?
Greencroft Communities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greencroft Communities Foundation 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: $172
Other Salaries and Wages: $75,234
For more financial information, click here
Official website here: www.greencroft.org
What is the mission statement of Greencroft Communities Foundation Inc?
The mission of Greencroft Communities Foundation Inc is to inspire generosity and foster a passion for their communities. They achieve this by raising funds to support the residents of various Greencroft Retirement Communities and affiliated organizations. The organization's goal is to enable seniors to embrace the opportunities and challenges of aging, allowing them to live life to its fullest. They provide financial assistance to residents at several affiliated organizations, such as GreenCroft Central Manor and GreenCroft Manor III, among others. Additionally, the foundation supports adult day services, privately supported senior centers, staff education grants, and residents with exhausted financial means.
Official website here: www.greencroft.org
Who is the CEO of Greencroft Communities Foundation Inc?
Lynda Olinski is the President of Greencroft Communities Foundation Inc.
Official website here: www.greencroft.org
What is the revenue of Greencroft Communities Foundation Inc?
Greencroft Communities Foundation Inc's revenue in 2022 was $3,230,105.
Official website here: www.greencroft.org
Who are the executives of Greencroft Communities Foundation Inc and what are their salaries?
There 16 volunteers at Greencroft Communities Foundation Inc.
Here are 15 key members and their salaries:
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- Other: $52,222
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- Related: $127,272
- Other: $53,455
Official website here: www.greencroft.org
Where can I find the form 990 for Greencroft Communities Foundation Inc?
Greencroft Communities Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greencroft.org
Learn more at the official website: www.greencroft.org
Mission Statement of Greencroft Communities Foundation Inc
Greencroft Communities Foundation, a nonprofit organization, is dedicated to fostering a passion for their communities and inspiring generosity. Their mission is to provide financial resources to the residents of Greencroft Retirement Communities and affiliated organizations, enabling seniors to embrace the opportunities and challenges of aging and live life to the fullest. By raising funds, this foundation assists residents at various affiliated tax-exempt organizations, including Greenacres Central Manor, Greenacres Manor II, Greenacres Manor III, Greenacres Goshen, Greenacres Middlebury, Hamilton Grove, Chicago Trail Village, Walnut Hills Retirement Communities, Southfield Village, Oak Grove Christian Retirement Village, Golden Years Homestead, Great Lakes Christian Homes, and Edgewater Place.
The foundation's mission extends beyond the boundaries of these retirement communities. It also benefits participants in adult day services, privately supported senior centers (excluding those utilizing tax dollars), staff education grants, and residents whose financial means have been depleted. By offering these resources, Greencroft Communities Foundation enables seniors to remain active and engaged in their communities, providing them with the support they need to navigate the challenges of aging with grace and dignity.
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Impact
October, 2024
Greencroft Communities Foundation Inc has a profound impact on the lives of seniors residing in various affiliated retirement communities. By providing essential financial resources, the foundation helps residents embrace the opportunities and challenges of aging, ensuring they can live their lives to the fullest.
The foundation raises funds specifically to support residents across multiple Greencroft facilities, including Greencroft Central Manor, Greencroft Manor II and III, and several others. This support extends to individuals facing financial hardships, allowing them to access necessary services and enjoy a higher quality of life.
Moreover, the foundation’s influence reaches beyond individual residents. It also invests in programs such as adult day services and privately supported senior centers, enhancing community connectivity and engagement. Staff education grants promote professional development, ensuring that caregivers are well-equipped to meet the diverse needs of seniors.
Ultimately, Greencroft Communities Foundation cultivates a sense of community and resilience among older adults, inspiring generosity and fostering a passion for life in their later years.
This information is meant to be a general summary of Greencroft Communities Foundation 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: $1,170,268
- Gross Receipts: $5,367,805
Assets and Liabilities:
- Total Assets: $16,101,386
- Total Liabilities: $9,024,766
- Net Assets: $7,076,620
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Organization Details
Founding Year
1971
Phone
(574) 537-4000Principal Officer
Lynda Olinski
Main Address
PO BOX 819, GOSHEN, IN, 46527
Website
www.greencroft.orgNTEE Category
Code: P12 - Human services
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