Overview
What is Colonial Senior Services?
Colonial Senior Services is a nonprofit organization situated in Hamilton, Ohio, specifically at 230 Ludlow Street, with a community presence that includes the Westover Retirement Community, Berkeley Square Retirement Community, Jamestowne, and the Colonial School. The organization's mission is to boost active living, encourage lifelong learning, and provide essential services and leadership to fortify the community. Their operations encompass healthcare, home care, and other tax-exempt services catering to seniors, totaling 366 employees.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
Colonial Senior Services has received a commendable rating of 94% from Charity Navigator, indicating a high level of accountability and financial health. This score is derived solely from their accountability and finance score, which reflects the organization’s transparency and responsible financial management practices. The charity boasts a strong independent board with 92% of its members being independent, further enhancing its governance structure.
In terms of financial performance, Colonial Senior Services demonstrates a solid program expense ratio of 82.98%, suggesting that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also maintains a low liabilities to assets ratio of 48.01%, which indicates a healthy financial position. Furthermore, the presence of well-documented policies for conflict of interest, whistleblower protections, and document retention showcases their commitment to ethical standards and accountability.
While the organization excels in these areas, it is important to maintain ongoing evaluations to ensure that they continue to meet the high standards that their rating reflects. Overall, Colonial Senior Services appears to be a reliable nonprofit dedicated to serving its mission effectively and transparently.
This AI summary has been generated from information found on Charity Navigator.
Is Colonial Senior Services legitimate?
Colonial Senior Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colonial Senior Services 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: $10,678,866
For more financial information, click here
What is the mission statement of Colonial Senior Services?
Colonial Senior Services is dedicated to encouraging active living and inspiring lifelong learning among the community. Their mission is threefold: to promote active lifestyle, foster continuous education, and provide essential services and leadership to strengthen the community. The organization offers various tax-exempt services, which include healthcare, home care, and other necessary support, to enhance the quality of life for community members. Through their initiatives, they strive to create a vibrant and thriving community where individuals can continue to learn, grow, and live to their fullest potential.
Who is the CEO of Colonial Senior Services?
Brian Krause is the President & Ceo of Colonial Senior Services. The CEO's salary of Colonial Senior Services is $0 and their total compensation is $482,384.
What is the revenue of Colonial Senior Services?
Colonial Senior Services's revenue in 2022 was $32,457,963.
Who are the executives of Colonial Senior Services and what are their salaries?
The average compensation at Colonial Senior Services during 2022 was $29,177. There are 366 employees and 13 volunteers at Colonial Senior Services.
Here are 22 key members and their salaries (Colonial Senior Services's CEO's salary is $0 and their total compensation is $482,384):
- Compensation: $0
- Related: $438,026
- Other: $44,358
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $270,412
- Other: $23,772
- Compensation: $0
- Related: $167,815
- Other: $15,604
- Compensation: $150,277
- Related: $0
- Other: $3,554
- Compensation: $114,230
- Related: $0
- Other: $8,057
- Compensation: $110,092
- Related: $0
- Other: $2,560
- Compensation: $105,333
- Related: $0
- Other: $8,347
Where can I find the form 990 for Colonial Senior Services?
Colonial Senior Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colonial Senior Services
Colonial Senior Services, a notable nonprofit organization, strives to encourage active living, inspire lifelong learning, and provide essential services and leadership to strengthen the community. This mission statement is a testament to the organization's dedication to enhancing the quality of life for older adults by promoting engagement, fostering continuous education, and delivering necessary resources.
Through its various initiatives, Colonial Senior Services works tirelessly to engage seniors in activities that keep them physically and mentally active. The organization believes that an engaged and active senior population not only benefits individuals but also strengthens the community as a whole. Furthermore, Colonial Senior Services offers opportunities for seniors to pursue lifelong learning, allowing them to continue expanding their knowledge and skills.
In addition to these efforts, Colonial Senior Services provides a range of tax-exempt services to support older adults in need. These services include healthcare and home care, ensuring that seniors receive the care they need to maintain their well-being. The organization also manages the Westover Retirement Community, Berkeley Square Retirement Community, Jamestowne, and the Colonial School. By offering these services and more, Colonial Senior Services plays a vital role in providing for the needs of its senior community and contributing to a stronger, more vibrant community overall.
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Impact
October, 2024
Colonial Senior Services fosters active living and lifelong learning within the community by offering a range of essential health care and home care services. Its initiatives, such as the operations of the Westover Retirement Community, Berkeley Square Retirement Community, Jamestowne, and the Colonial School, cater to the needs of seniors, ensuring they have access to safe and supportive living environments.
The organization not only enhances individual well-being but also strengthens community bonds by promoting engagement, education, and leadership. Through its commitment to encouraging active lifestyles and providing valuable services, Colonial Senior Services plays a vital role in enhancing the quality of life for seniors in Hamilton, OH, while nurturing a more connected and supportive community.
This information is meant to be a general summary of Colonial Senior Services. 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: $968,989
- Program Service Revenue: $27,312,641
- Gross Receipts: $32,458,081
Assets and Liabilities:
- Total Assets: $81,166,845
- Total Liabilities: $40,051,083
- Net Assets: $41,115,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLIENT FEES EARNED
Revenue
$24,682,850
RESIDENCY FEES
Revenue
$2,629,791
Organization Details
Founding Year
1998
Phone
(513) 785-4054Principal Officer
Brian Krause
Main Address
230 LUDLOW STREET, HAMILTON, OH, 45011
NTEE Category
Code: L22 - Housing
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