Overview
What is National Church Residences?
National Church Residences is a prominent not-for-profit organization, headquartered in Columbus, Ohio, with a Christian commitment to serving the housing, social, and human needs of older adults. As a 501(c)(3) charitable organization, they have expanded to become one of the largest providers of affordable housing for seniors in the nation, with over 25,000 units across 25 states. Their offerings include continuing care retirement communities, nursing homes, assisted living, memory care, adult day facilities, home health, and hospice programs. Governed by a volunteer board of directors, they have a proven track record of excellence and continuously improve services and standards of care for those they serve. National Church Residences is involved with several senior, social service, and healthcare advocacy organizations and is recognized as a national leader in integrating homes and supportive services for seniors and vulnerable individuals. With a vision to transform the way seniors live and thrive, they contribute to public policy issues affecting their constituents through successful public and private partnerships.
Official website here: www.nationalchurchresidences.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
National Church Residences has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The charity's score of 96% indicates a high level of transparency and responsible financial management, crucial for maintaining donor trust and operational effectiveness.
One of the standout features of National Church Residences is its commitment to governance, with a fully independent board consisting of 21 members. The organization also demonstrates robust oversight mechanisms with a dedicated Audit and Oversight Committee, ensuring that financial practices are sound and that there are no material diversions of assets. Additionally, the presence of comprehensive policies regarding conflicts of interest and whistleblowing further underscores its dedication to ethical standards.
While the organization shows promising financial health with a low liabilities-to-assets ratio and a high program expense ratio, continuous monitoring of its financial practices will be essential to sustain this level of accountability. Overall, National Church Residences is a well-managed nonprofit that effectively utilizes its resources to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is National Church Residences legitimate?
National Church Residences is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Church Residences 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: $3,540,012
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,200,846
For more financial information, click here
Official website here: www.nationalchurchresidences.org
What is the mission statement of National Church Residences?
National Church Residences is a not-for-profit organization with a mission to provide quality care, services, and residential communities for all seniors. Originated from a Christian commitment to serve older adults' housing, social, and human needs, the organization has expanded to become one of the largest providers of affordable housing for seniors in the nation. With over 25,000 units across 25 states, National Church Residences offers a range of housing options, including continuing care retirement communities, nursing, assisted living, memory care, and adult day facilities, as well as home health and hospice programs. Governed by a volunteer board of directors, the organization has a proven track record of excellence and continues to improve its services and standards of care. National Church Residences collaborates with leading senior, social service, and healthcare advocacy organizations and is recognized as a national leader in integrating homes and supportive services for seniors and vulnerable individuals. The organization is committed to contributing to the formation of public policy issues affecting those it serves and growing through successful public and private partnerships.
Official website here: www.nationalchurchresidences.org
Who is the CEO of National Church Residences?
Mark Ricketts is the President, Ceo of National Church Residences. The CEO's salary of National Church Residences is $753,849 and their total compensation is $794,712.
Official website here: www.nationalchurchresidences.org
What is the revenue of National Church Residences?
National Church Residences's revenue in 2022 was $115,907,861.
Official website here: www.nationalchurchresidences.org
Who are the executives of National Church Residences and what are their salaries?
The average compensation at National Church Residences during 2022 was $9,242. There are 3218 employees and 20 volunteers at National Church Residences.
Here are 38 key members and their salaries (National Church Residences's CEO's salary is $753,849 and their total compensation is $794,712):
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- Compensation: $753,849
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- Other: $40,863
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- Other: $32,514
- Compensation: $204,070
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- Other: $5,549
Official website here: www.nationalchurchresidences.org
Where can I find the form 990 for National Church Residences?
National Church Residences's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalchurchresidences.org
Learn more at the official website: www.nationalchurchresidences.org
Mission Statement of National Church Residences
National Church Residences, a renowned not-for-profit organization founded in 1961, is dedicated to providing high-quality care, services, and residential communities for all seniors. Originated from a Christian commitment to serve older adults' housing, social, and human needs, this corporation has grown to become one of the largest non-profit providers of affordable housing for seniors in the nation, with over 25,000 units in 25 states.
The mission of National Church Residences is to make a difference in the lives of seniors by offering a variety of housing options and support services. Their comprehensive offerings range from continuing care retirement communities, nursing, assisted living, memory care, and adult day facilities to home health and hospice programs. The organization's commitment to excellence is evident in its continuous improvement to services and standards of care for the people it serves.
Governed by a volunteer Board of Directors with diverse professional, business, and human services backgrounds, National Church Residences has earned a reputation as a national leader in integrating homes and supportive services for seniors and vulnerable individuals. They collaborate with leading senior, social service, and healthcare advocacy organizations, such as LeadingAge, the National Affordable Housing Management Association (NAHMA), and LeadingAge Ohio. Recognized for their transformative impact on seniors' lives, National Church Residences is dedicated to contributing to the formation of public policy issues affecting those they serve. Their growth is underpinned by successful public and private partnerships required to develop needed housing communities and establish meaningful service programs for residents.
With a vision to continually improve society, National Church Residences strives to transform the way seniors live and thrive by offering a broad spectrum of services tailored to their unique needs. Their unwavering commitment to compassionate care and innovative solutions sets them apart as a respected member of the not-for-profit community, always looking for new ways to make a difference in the lives of seniors.
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Impact
October, 2024
National Church Residences significantly impacts the lives of individuals with limited incomes, particularly seniors, by developing and managing affordable housing and providing essential services. With more than 25,000 housing units across 25 states, the organization addresses the critical need for accessible living arrangements and a broad spectrum of care options, including assisted living, memory care, and hospice programs.
By integrating homes with supportive services, National Church Residences not only enhances the quality of life for its residents but also fosters a sense of community and belonging. Their commitment to excellence is reflected in their continuous improvement of care standards and their governance by a diverse board of directors, ensuring that decisions are made with a wide range of perspectives and expertise.
Furthermore, National Church Residences actively engages in public policy to advocate for seniors and vulnerable populations, collaborating with leading organizations in senior care and affordable housing. This influence extends beyond individual housing units, impacting society at large by reshaping how seniors live and thrive. The organization’s dedication to meaningful service programs, alongside successful public and private partnerships, positions it as a leader in addressing the housing and social needs of older adults and individuals facing economic challenges.
This information is meant to be a general summary of National Church Residences. 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: $1,088,782
- Program Service Revenue: $104,812,583
- Gross Receipts: $119,585,732
Assets and Liabilities:
- Total Assets: $180,642,343
- Total Liabilities: $34,398,544
- Net Assets: $146,243,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP INVESTMENT
Revenue
$53,894,393
MANAGEMENT FEES
Revenue
$31,754,285
DEVELOPER FEES AND OTH
Revenue
$18,711,303
SERVICE AND ADMINISTRA
Revenue
$452,602
Organization Details
Founding Year
1961
Phone
(614) 451-2151Principal Officer
Mark Ricketts
Main Address
2335 NORTH BANK DRIVE, COLUMBUS, OH, 43220
NTEE Category
Code: L210 - Housing
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