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Greencroft Retirement Communities Inc

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

EIN: 300036587 ✦ Goshen, IN ✦ Designated as a 501(c)(3)

Overview

What is Greencroft Retirement Communities Inc?

Greencroft Retirement Communities Inc, located in Goshen, Indiana, is a nonprofit organization committed to supporting thirteen not-for-profit continuing care retirement communities and HUD facilities. Their mission is to provide management and support services, enabling these organizations to offer affordable housing, quality care, and charity care for older adults. The organization, with around 44 employees, prioritizes inclusivity, ensuring at least 30% of residents have income below the federal poverty line. In case of financial distress, eligible residents can seek support from the Greencroft Communities Foundation. Overall, Greencroft Retirement Communities Inc fosters dynamic living communities, embracing the creativity, contributions, and challenges of aging, grounded in service excellence, compassionate care, and Mennonite values. They allocate 9% of their total revenues to provide community benefits, including indigent/charity care.


Official website here: www.greencroft.org

Is Greencroft Retirement Communities Inc legitimate?

Greencroft Retirement Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greencroft Retirement Communities 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.

Here are some key statistics you may want to consider:

Executive Compensation: $2,246,158
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,479,952

For more financial information, click here


Official website here: www.greencroft.org

What is the mission statement of Greencroft Retirement Communities Inc?

Greencroft Retirement Communities Inc's mission is centered around providing management and support services to related not-for-profit organizations. These organizations offer affordable housing, quality care, and charity care for older adults. The mission of Greencroft Communities is to create dynamic living communities that celebrate the creativity, contributions, and challenges of aging. This is achieved through service excellence, compassionate care, and adherence to Mennonite values. Greencroft Retirement Communities, Inc. sponsors thirteen not-for-profit continuing care retirement communities and HUD facilities, providing them with support and services. As a result, approximately 2,200 elderly residents, regardless of their economic status, can reside in an environment that acknowledges their creativity and contributes to overcoming the challenges of aging. At least 30% of the residents fall below the federal poverty line, and those who exhaust their assets can seek support from the Greencroft Communities Foundation, another related organization. The organization as a whole dedicates 9% of its total revenues towards providing community benefits, which encompasses indigent or charity care.


Official website here: www.greencroft.org

Who is the CEO of Greencroft Retirement Communities Inc?

Mark King is the President/Ceo of Greencroft Retirement Communities Inc. The CEO's salary of Greencroft Retirement Communities Inc is $413,244 and their total compensation is $480,871.


Official website here: www.greencroft.org

What is the revenue of Greencroft Retirement Communities Inc?

Greencroft Retirement Communities Inc's revenue in 2022 was $6,819,841.


Official website here: www.greencroft.org

Who are the executives of Greencroft Retirement Communities Inc and what are their salaries?

The average compensation at Greencroft Retirement Communities Inc during 2022 was $107,412. There are 44 employees and 17 volunteers at Greencroft Retirement Communities Inc.

Here are 22 key members and their salaries (Greencroft Retirement Communities Inc's CEO's salary is $413,244 and their total compensation is $480,871):

    Mark King (President/Ceo)
  • Compensation: $413,244
  • Related: $0
  • Other: $67,627

    • Robert Gibson (Vice President/Cfo)
  • Compensation: $278,827
  • Related: $0
  • Other: $89,881

    • Lynda Olinski (Treasurer)
  • Compensation: $226,611
  • Related: $0
  • Other: $71,059

    • Jinny Longbrake (Vp Of Hr)
  • Compensation: $175,828
  • Related: $0
  • Other: $62,388

    • Scott Martin (Assistant Treasurer)
  • Compensation: $163,008
  • Related: $0
  • Other: $49,067

    • Rydell Bontrager (Secretary)
  • Compensation: $139,986
  • Related: $0
  • Other: $52,222

    • Brent Nafziger (Administrator - Greencroft Goshen)
  • Compensation: $166,721
  • Related: $0
  • Other: $23,784

    • Aimee Riemke (Assistant Secretary)
  • Compensation: $127,272
  • Related: $0
  • Other: $53,455

    • Rosemary Weeks (Administrator - Oak Grove)
  • Compensation: $141,434
  • Related: $0
  • Other: $35,879

    • Joseph Doran (Administrator - Southfield Village)
  • Compensation: $148,222
  • Related: $0
  • Other: $24,873

    • Cherry Smith (Director Of Clinical Services)
  • Compensation: $143,225
  • Related: $0
  • Other: $13,074

    • Dale Shenk (Assistant Treasurer)
  • Compensation: $52,040
  • Related: $0
  • Other: $0

    • Dave Weaver (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Blyly (Board Member (Part Year)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Crossley (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Evans (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Floria (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Geiser (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Liz Gunden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Ridenour (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Byron Shetler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Woodworth (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greencroft.org

    Where can I find the form 990 for Greencroft Retirement Communities Inc?

    The Greencroft Retirement Communities 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 Retirement Communities Inc

    Greencroft Retirement Communities Inc is dedicated to providing management and support services to related not-for-profit organizations that offer affordable housing, quality care, and charity care for older adults. The mission of this organization is grounded in service excellence, compassionate care, and Mennonite values. Greencroft Communities strives to create dynamic living communities that embrace the creativity, contributions, and challenges of aging for all its residents.

    By sponsoring thirteen not-for-profit continuing care retirement communities (CCRC) and HUD facilities, Greencroft Retirement Communities Inc offers its support and services to over 2,200 elderly residents, regardless of their economic background. At least 30% of these residents have an income below the federal poverty line. The organization is committed to ensuring that its residents can continue to live in an environment that encourages their creativity and contributions, while also acknowledging the challenges of aging.

    In the event that a resident's assets run out, they may be eligible for support from the Greencroft Communities Foundation, another related organization. Furthermore, Greencroft Retirement Communities Inc allocates 9% of its total revenues towards providing community benefits, including indigent/charity care. This demonstrates the organization's dedication to ensuring that affordable housing, quality care, and charity care remain accessible to older adults, regardless of their financial situation.

    Impact

    This information is meant to be a general summary of Greencroft Retirement Communities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Greencroft Retirement Communities Inc's impact lies in providing management and support services to related not-for-profit organizations that offer affordable housing, quality care, and charity care for older adults. Through its sponsorship of thirteen not-for-profit continuing care retirement communities and HUD facilities, Greencroft Retirement Communities Inc supports 2,200 elderly residents of all economic levels. At least 30% of these residents have income below the federal poverty line, demonstrating a commitment to serving those in need.

    By embracing the creativity and contributions of older adults, as well as addressing the challenges of aging, Greencroft Retirement Communities Inc creates dynamic living communities grounded in service excellence, compassionate care, and Mennonite values. Additionally, the organization allocates 9% of its total revenues to provide community benefits, including indigent/charity care, ensuring that those in need receive the necessary support.

    Overall, Greencroft Retirement Communities Inc's impact is reflected in its dedication to offering a supportive and enriching environment for elderly residents from diverse backgrounds, embodying the values of service, compassion, and care.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $140,083
  • Program Service Revenue: $6,460,286
  • Gross Receipts: $7,484,174

    • Assets and Liabilities:
  • Total Assets: $13,639,127
  • Total Liabilities: $4,202,315
  • Net Assets: $9,436,812
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MGMT/AFFILIATE SUPPORT

    Revenue

    $6,460,286

    Organization Details

    Founding Year

    2002

    Principal Officer

    Mark King

    Main Address

    PO BOX 819, GOSHEN, IN, 46527

    NTEE Category

    Code: P75 - Human services

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