Overview
What is Senior Living Concepts Inc?
Senior Living Concepts Inc, based in Bentonville, Arkansas, is a nonprofit organization that specializes in developing, constructing, and rehabilitating housing for the elderly. Their primary mission is to provide essential housing and related services to the elderly residing in the Bella Vista and Bentonville areas. This includes constructing and maintaining comfortable living spaces tailored to the needs of the elderly population, thereby contributing to their well-being and quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
Senior Living Concepts Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The organization earned an overall score of 90%, with its ratings primarily based on its strong performance in the Accountability & Finance category. This score is indicative of the charity's commitment to transparency and responsible financial practices.
The organization's governance structure is robust, featuring a fully independent board, which contributes to its effective oversight. With 100% of its board members being independent and an established conflict of interest policy in place, Senior Living Concepts Inc demonstrates a commitment to ethical governance practices. Their financial statements are also subject to thorough audits, showcasing their dedication to accountability.
However, while the organization has a high program expense ratio of 90.72%, indicating that a significant portion of its resources goes directly to its programs, it has a liabilities to assets ratio of 55.35%. This suggests some level of financial leverage, which may be a consideration for potential donors. Overall, Senior Living Concepts Inc is positioned well in terms of accountability and financial management, making it a trustworthy option for those looking to support nonprofit initiatives in senior living.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Living Concepts Inc legitimate?
Senior Living Concepts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Living Concepts 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: $0
Other Salaries and Wages: $995,929
For more financial information, click here
What is the mission statement of Senior Living Concepts Inc?
Senior Living Concepts Inc's mission revolves around developing, constructing, and rehabilitating housing facilities for the elderly. This organization goes beyond just providing housing, extending its services to cater to the elderly's needs. In essence, Senior Living Concepts Inc aims to offer housing solutions and related services to the elderly population.
Who is the CEO of Senior Living Concepts Inc?
Casey Kleinhenz is the Vice-President of Senior Living Concepts Inc.
What is the revenue of Senior Living Concepts Inc?
Senior Living Concepts Inc's revenue in 2022 was $1,668,432.
Who are the executives of Senior Living Concepts Inc and what are their salaries?
There 17 volunteers at Senior Living Concepts Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $78,181
- Other: $6,000
Where can I find the form 990 for Senior Living Concepts Inc?
Senior Living Concepts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Senior Living Concepts Inc
Senior Living Concepts Inc, as an organization, is committed to a mission that involves the development, construction, and rehabilitation of housing for the elderly. Their primary goal is to provide housing and related services to this demographic, ensuring they live comfortably and with the necessary care. By undertaking these projects, Senior Living Concepts Inc aims to enhance the living conditions of the elderly, providing them with a secure and suitable environment. The organization's work is focused on contributing positively to the well-being of the elderly population, ensuring they receive the necessary support and care.
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Impact
October, 2024
Senior Living Concepts Inc plays a vital role in enhancing the quality of life for the elderly by developing, constructing, and rehabilitating housing tailored to their needs. Located in Bentonville, Arkansas, this organization focuses on providing safe, comfortable, and affordable living spaces for senior residents in the Bella Vista and Bentonville areas.
Through its efforts, Senior Living Concepts Inc not only addresses the critical housing requirements of the elderly but also offers related services that promote their well-being and independence. This comprehensive approach ensures that seniors have access to supportive environments that foster community engagement and improve overall health outcomes. By prioritizing the specific needs of elderly individuals, the organization significantly contributes to their dignity and quality of life, making a meaningful impact on the local community.
This information is meant to be a general summary of Senior Living Concepts 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: $33
- Program Service Revenue: $1,668,399
- Gross Receipts: $1,668,432
Assets and Liabilities:
- Total Assets: $4,055,724
- Total Liabilities: $2,097,703
- Net Assets: $1,958,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$1,368,348
RENT INCOME
Revenue
$280,025
MISCELLANEOUS
Revenue
$20,026
Organization Details
Founding Year
2001
Phone
(479) 273-1883Principal Officer
Casey Kleinhenz
Main Address
808 NORTH MAIN STREET 1, BENTONVILLE, AR, 72712
NTEE Category
Code: L21 - Housing
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