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The Third And Oak Corporation

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

EIN: 310986103 ✦ Louisville, KY ✦ Designated as a 501(c)(3)

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Overview

What is The Third And Oak Corporation?

The Third And Oak Corporation, doing business as Treyton Oak Towers, is a Kentucky-based nonprofit organization located in Louisville at 211 West Oak Street, 40203. Their mission is to offer a comprehensive range of care services for seniors, including independent living, personal care, and skilled nursing. They prioritize individualized, high-quality care with dignity and respect, reflecting their faith-based heritage. The organization employs a team of 311 individuals to carry out their mission and provide essential support for their residents.


Official website here: www.treytonoaktowers.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)

The Third And Oak Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and transparency. The organization scored 69%, with strengths noted in its governance structure, particularly having 100% independent board members and a solid financial oversight framework. These factors contribute positively to its operational integrity.

However, the organization faces significant challenges, particularly in terms of transparency policies. Missing conflict of interest, whistleblower, and document retention policies raise concerns about governance practices. Additionally, the organization's liabilities to assets ratio stands at an alarming 158.44%, which could indicate financial instability that potential donors may want to consider.

Despite a commendable program expense ratio of 83.10%, which suggests a strong focus on mission-driven initiatives, the overall lack of essential policies and the high liabilities could deter support. Addressing these shortcomings could significantly enhance its rating and public trust.


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

What do the Facebook reviews say about The Third And Oak Corporation?

100% of 20 reviewers on Facebook recommend The Third And Oak Corporation. Here is a summary of their reviews:

Many reviewers praise the incredible rehabilitation department, highlighting the staff's professionalism and friendliness. Visitors noted that the facility maintains a clean environment, with exceptional food and engaging activities that are both enjoyable and stimulating. One reviewer specifically mentioned Phyllis at the front desk, appreciating her long-standing presence and helpfulness.

Overall, individuals who have experienced services at The Third And Oak Corporation express high satisfaction with the rehab program, often recommending it to those recovering from injuries or surgeries. The commitment to quality care and supportive staff seems to resonate strongly with patrons.


This AI summary has been generated from reviews found on Facebook.

Is The Third And Oak Corporation legitimate?

The Third And Oak Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Third And Oak Corporation 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: $343,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,133,257

For more financial information, click here


Official website here: www.treytonoaktowers.com

What is the mission statement of The Third And Oak Corporation?

The Third And Oak Corporation, operating under the name Treyton Oak Towers, is dedicated to delivering exceptional individualized services to everyone they serve. Their mission is grounded in dignity, respect, and gratitude for their faith-based heritage. They offer a comprehensive continuum of care for seniors, encompassing independent living, personal care, and skilled nursing services. Their commitment extends beyond providing essential care; they strive to foster a respectful and dignified living environment for all their residents.


Official website here: www.treytonoaktowers.com

Who is the CEO of The Third And Oak Corporation?

Anne Cieminski is the Member of The Third And Oak Corporation. The CEO's salary of The Third And Oak Corporation is $69,220 and their total compensation is $72,260.


Official website here: www.treytonoaktowers.com

What is the revenue of The Third And Oak Corporation?

The Third And Oak Corporation's revenue in 2023 was $16,376,793.


Official website here: www.treytonoaktowers.com

Who are the executives of The Third And Oak Corporation and what are their salaries?

The average compensation at The Third And Oak Corporation during 2023 was $24,042. There are 311 employees at The Third And Oak Corporation.


Here are 18 key members and their salaries (The Third And Oak Corporation's CEO's salary is $69,220 and their total compensation is $72,260):


James Gary (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Barnett (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Partenheimer (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Simonis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
A Thomas Hardy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lape (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Houze (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Evitts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Brinkman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deatra Ragland (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Cieminski (Chief Financial Officer)
  • Compensation: $158,441
  • Related: $0
  • Other: $7,268
James Grady (Executive Director)
  • Compensation: $91,280
  • Related: $0
  • Other: $8,705
Steve Robison (Chief Executive Officer)
  • Compensation: $69,220
  • Related: $0
  • Other: $3,040
Rhonda Harding (Marketing Director)
  • Compensation: $100,617
  • Related: $0
  • Other: $10,207
Nick Cooper (Administrator Of Health Ca)
  • Compensation: $119,514
  • Related: $0
  • Other: $5,711
Alma Ratliff (Registered Nurse)
  • Compensation: $123,259
  • Related: $0
  • Other: $6,220
Mike Strauser (Licensed Practical Nurse)
  • Compensation: $119,125
  • Related: $0
  • Other: $11,920
Latonya Bertram (Nursing Director)
  • Compensation: $101,145
  • Related: $0
  • Other: $5,967


Official website here: www.treytonoaktowers.com

Where can I find the form 990 for The Third And Oak Corporation?

The Third And Oak Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.treytonoaktowers.com

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

Mission Statement of The Third And Oak Corporation

The Third And Oak Corporation Dba Treyton Oak Towers, a faith-based organization, is dedicated to delivering the highest standard of individualized care to all residents with dignity and respect. This commitment to excellence is deeply rooted in the organization's heritage. Treyton Oak Towers offers a comprehensive continuum of care for seniors, encompassing independent living, personal care, and skilled nursing services.

By providing a full range of services, Treyton Oak Towers ensures that each resident receives the appropriate level of care based on their unique needs. The organization's team of dedicated professionals prioritizes the well-being of their residents, fostering an atmosphere of compassion and gratitude. They treat every individual with the respect and dignity they deserve, allowing them to maintain their independence and quality of life.

At Treyton Oak Towers, the focus is not just on physical care but also on the emotional and spiritual well-being of its residents. The organization's mission is grounded in the belief that everyone deserves to live with dignity and respect, regardless of their age or circumstances. By offering a continuum of care, Treyton Oak Towers empowers its residents to age gracefully and comfortably, surrounded by a supportive community that values and cherishes them.

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Impact




October, 2024

The Third And Oak Corporation significantly enhances the quality of life for seniors by offering a comprehensive continuum of care. This includes independent living, personal care, and skilled nursing services, allowing individuals to receive tailored support that meets their unique needs. By prioritizing dignity and respect, the organization fosters an environment where seniors can thrive and maintain their independence. Their faith-based heritage informs their compassionate approach, ensuring that every individual is treated with gratitude and care. Operating in Louisville, KY, The Third And Oak Corporation stands as a vital resource in the community, positively impacting the lives of many seniors and their families.




This information is meant to be a general summary of The Third And Oak Corporation. 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
$16,376,793 (2023)
Expenses
$14,785,712 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $11,052
  • Program Service Revenue: $13,982,091
  • Gross Receipts: $16,379,787

Assets and Liabilities:

  • Total Assets: $9,064,196
  • Total Liabilities: $14,363,096
  • Net Assets: -$5,298,900

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Programs

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

MONTHLY SVC/ANCILLARY

Revenue

$7,372,502

HEALTH CARE

Revenue

$6,403,078

AMORT DEFERRED ENDOW

Revenue

$206,511

Organization Details

Founding Year

1980

Principal Officer

Anne Cieminski

Main Address

211 WEST OAK STREET, LOUISVILLE, KY, 40203

NTEE Category

Code: P750 - Human services

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