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Pprc Senior Living Ii Inc

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

EIN: 300113709 ✦ High point, NC ✦ Designated as a 501(c)(3)

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Overview

What is Pprc Senior Living Ii Inc?

Pprc Senior Living Ii Inc is a nonprofit organization situated in High Point, North Carolina, with a focus on catering to the housing and senior care needs of elderly individuals. They offer innovative programs and services, delivering exceptional value while fostering personal and spiritual growth. Their primary service is independent senior living, and they serve approximately 85 residents at their facility. Pprc Senior Living II Inc is committed to operating state-of-the-art care systems that maximize functional abilities and promote residents' spiritual development.


Official website here: www.providenceplacenc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Pprc Senior Living Ii Inc has received an overall rating of 81%, indicating a solid performance in terms of accountability and finance. This score is derived from a comprehensive evaluation of its financial practices, emphasizing the nonprofit's commitment to responsible resource management. The organization has successfully implemented policies for conflict of interest and whistleblower protection, which are key indicators of good governance.

One of the notable strengths of Pprc Senior Living Ii Inc is its financial oversight, with an independent board consisting of a majority of independent members. The organization has also demonstrated responsible financial management practices, reflected in its high program expense ratio of 74.73%, which shows that a significant portion of its spending is directed toward its programs rather than administrative costs. Additionally, the absence of material diversion of assets further enhances its credibility.

However, a limitation highlighted in the financial data is the high liabilities to assets ratio at 99.52%. This suggests that the organization may be operating with a high level of debt relative to its assets, which could pose potential risks for its financial stability. Overall, while Pprc Senior Living Ii Inc exhibits strong accountability practices, monitoring its financial liabilities will be crucial for maintaining its long-term viability.


This AI summary has been generated from information found on Charity Navigator.

Is Pprc Senior Living Ii Inc legitimate?

Pprc Senior Living Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pprc Senior Living Ii 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: $71,952
Professional Fundraising Fees: $0
Other Salaries and Wages: $191,551

For more financial information, click here


Official website here: www.providenceplacenc.com

What is the mission statement of Pprc Senior Living Ii Inc?

Pprc Senior Living II Inc. is committed to serving the housing and care needs of senior adults with innovative programs and services, delivering them at an exceptional value. This mission is coupled with encouraging personal and spiritual growth and development among the seniors. The organization achieves this by providing senior housing services through innovative models and state-of-the-art care systems. These systems are designed to maximize the functional abilities and spiritual development of the residents and program participants. The primary service offered is independent senior living, and during the year ending September 30, 2022, approximately 85 residents were served through senior housing.


Official website here: www.providenceplacenc.com

Who is the CEO of Pprc Senior Living Ii Inc?

Terry Miller is the President/Ceo of Pprc Senior Living Ii Inc. The CEO's salary of Pprc Senior Living Ii Inc is $0 and their total compensation is $78,907.


Official website here: www.providenceplacenc.com

What is the revenue of Pprc Senior Living Ii Inc?

Pprc Senior Living Ii Inc's revenue in 2022 was $1,156,769.


Official website here: www.providenceplacenc.com

Who are the executives of Pprc Senior Living Ii Inc and what are their salaries?


Here are 6 key members and their salaries (Pprc Senior Living Ii Inc's CEO's salary is $0 and their total compensation is $78,907):


Terry Miller (President/Ceo)
  • Compensation: $0
  • Related: $77,736
  • Other: $1,171
Penny Cates (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Winslow (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Dunn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Neill (Director)
  • Compensation: $0
  • Related: $12,500
  • Other: $0
Barry Yates (Cfo)
  • Compensation: $0
  • Related: $143,418
  • Other: $40,499


Official website here: www.providenceplacenc.com

Where can I find the form 990 for Pprc Senior Living Ii Inc?

Pprc Senior Living Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.providenceplacenc.com

Learn more at the official website: www.providenceplacenc.com

Mission Statement of Pprc Senior Living Ii Inc

Pprc Senior Living II Inc is dedicated to serving the housing and care needs of senior adults with innovative programs and services, delivered at an exceptional value. Their mission is to encourage personal and spiritual growth and development among their residents and program participants. They achieve this by providing senior housing and services through innovative models and state-of-the-art care systems that maximize functional abilities and spiritual development. The primary service offered by Pprc Senior Living II Inc is independent senior living, serving approximately 85 residents annually. Their approach is centered around enhancing the lives of senior adults, fostering an environment that supports their physical, emotional, and spiritual well-being.

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Impact




October, 2024

Pprc Senior Living Ii Inc significantly impacts the community by providing innovative housing and care solutions tailored to the needs of senior adults. Their commitment to serving this demographic encompasses a holistic approach that emphasizes both functional abilities and spiritual development. By operating a facility that houses approximately 85 residents, they create an environment fostering personal growth and enriching life experiences for seniors.

The organization's focus on independent senior living enables residents to maintain their autonomy while benefiting from a range of supportive services. This model not only enhances the quality of life for older adults but also addresses their unique challenges by providing state-of-the-art care systems. Pprc Senior Living Ii Inc stands out in its dedication to delivering exceptional value, ensuring that seniors receive both compassionate care and the resources necessary for continued personal and spiritual growth. Through their innovative programs, they contribute positively to the well-being of individuals and the local community in High Point, NC.




This information is meant to be a general summary of Pprc Senior Living Ii 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.

Revenue
$1,156,769 (2022)
Expenses
$1,343,121 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,937
  • Program Service Revenue: $1,124,309
  • Gross Receipts: $1,158,706

Assets and Liabilities:

  • Total Assets: $4,382,193
  • Total Liabilities: $4,361,305
  • Net Assets: $20,888

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Programs

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

RENTAL REVENUE

Revenue

$1,124,309

Organization Details

Founding Year

2000

Principal Officer

Terry Miller

Main Address

1701 WESTCHESTER DRIVE SUITE 400, HIGH POINT, NC, 27262

NTEE Category

Code: P75 - Human services

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