Overview
What is Royale Oaks House Of Hope?
Royale Oaks House of Hope is a single-asset entity, established to support Florence Home, located in Omaha, Nebraska. The primary role of Royale Oaks House of Hope is to manage the assets of Royale Oaks and House of Hope Alzheimer's Care, charging a rental fee to Florence Home, which operates the Assisted Living Communities. This arrangement allows Florence Home to provide services for individuals requiring assisted living and Alzheimer's care, under the umbrella of Royale Oaks House of Hope. The nonprofit's mission is to support Florence Home by servicing a FHA-insured non-recourse loan.
Official website here: www.omahaseniorcare.org
Is Royale Oaks House Of Hope legitimate?
Royale Oaks House Of Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royale Oaks House Of Hope 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
Official website here: www.omahaseniorcare.org
What is the mission statement of Royale Oaks House Of Hope?
Royale Oaks House of Hope's mission is centered around supporting Florence Home, the operator of Royale Oaks and House of Hope Alzheimer's Care Assisted Living communities. This is achieved by servicing a FHA-insured non-recourse loan. As a single asset entity, Royale Oaks House of Hope holds the assets of Royale Oaks and House of Hope Alzheimer's Care and charges a rental fee to Florence Home. This financial arrangement allows Florence Home to operate its assisted living communities more effectively, thereby serving the needs of individuals requiring Alzheimer's care.
Official website here: www.omahaseniorcare.org
Who is the CEO of Royale Oaks House Of Hope?
Debra Thacker is the Cfo of Royale Oaks House Of Hope. The CEO's salary of Royale Oaks House Of Hope is $0 and their total compensation is $222,580.
Official website here: www.omahaseniorcare.org
What is the revenue of Royale Oaks House Of Hope?
Royale Oaks House Of Hope's revenue in 2022 was $524,149.
Official website here: www.omahaseniorcare.org
Who are the executives of Royale Oaks House Of Hope and what are their salaries?
There 3 volunteers at Royale Oaks House Of Hope.
Here are 5 key members and their salaries (Royale Oaks House Of Hope's CEO's salary is $0 and their total compensation is $222,580):
- Compensation: $0
- Related: $208,232
- Other: $18,372
- Compensation: $0
- Related: $202,088
- Other: $20,492
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.omahaseniorcare.org
Where can I find the form 990 for Royale Oaks House Of Hope?
Royale Oaks House Of Hope's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.omahaseniorcare.org
Learn more at the official website: www.omahaseniorcare.org
Mission Statement of Royale Oaks House Of Hope
Royale Oaks House of Hope, as a mission-driven entity, is committed to supporting Florence Home by servicing a FHA-insured non-recourse loan. In simpler terms, the primary role of Royale Oaks House of Hope is to maintain and manage the assets of Royale Oaks and House of Hope Alzheimer's Care, and in exchange, charge a rental fee to Florence Home, the company operating the Assisted Living Communities. This financial arrangement enables Florence Home to continue providing care and support to its residents. By carrying out this mission, Royale Oaks House of Hope plays a vital role in ensuring the continued operation of the Assisted Living Communities and the well-being of those who reside there.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Royale Oaks House of Hope plays a crucial role in enhancing the quality of care for individuals with Alzheimer's disease through its financial and operational support of the assisted living communities under Florence Home. By managing the assets of Royale Oaks and House of Hope, it facilitates access to essential services and resources that directly benefit residents, thereby improving their living conditions and overall well-being.
The organization’s structured financial model allows Florence Home to operate smoothly, ensuring that the communities can provide high-quality care to those in need. By charging rental fees, Royale Oaks House of Hope creates a sustainable revenue stream that supports ongoing operations and care services. This allows for the continued investment in facilities and staff, directly impacting the quality of life of the residents.
Moreover, by servicing a FHA-insured non-recourse loan, Royale Oaks House of Hope demonstrates its commitment to financial stability and responsible management, which ultimately serves the greater goal of providing reliable Alzheimer’s care in the Omaha area. Through these efforts, it becomes a vital lifeline for families seeking compassionate and effective care for their loved ones suffering from Alzheimer's.
This information is meant to be a general summary of Royale Oaks House Of Hope. 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: $853
- Program Service Revenue: $523,296
- Gross Receipts: $524,149
Assets and Liabilities:
- Total Assets: $3,682,427
- Total Liabilities: $5,987,987
- Net Assets: -$2,305,560
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Lease Income
Revenue
$523,296
Organization Details
Founding Year
2007
Phone
(402) 827-6000Principal Officer
Debra Thacker
Main Address
4801 N 52ND ST, OMAHA, NE, 681042229
Website
www.omahaseniorcare.orgNTEE Category
Code: T990 - Philanthropy
If you are a representative of Royale Oaks House Of Hope and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.