Overview
What is Walton Retirement Home?
Walton Retirement Home is a nonprofit establishment situated in Barnesville, Ohio, dedicated to catering to the needs of the elderly. Its primary focus is on offering rest home care in a traditional setting and independent living arrangements. The retirement home's mission is to provide comprehensive care for the elderly, ensuring their well-being and comfort. This is achieved through various programs, including assisted living arrangements, designed to meet the unique needs of its elderly residents. The facility is committed to offering a supportive environment that nurtures the physical, emotional, and social well-being of its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement. The Walton Retirement Home has received a Two-Star out of Four Star rating with an overall score of 71%. This rating suggests that while the organization has some strong aspects, it also faces significant areas for improvement.
The organization boasts a fully independent board, scoring 100% in that category, which indicates strong governance and oversight. Additionally, they have demonstrated sound financial practices, reflected in a very low liabilities to assets ratio of 2.50% and a complete program expense ratio of 100.00%, suggesting that all funds are directed towards their programs. These strengths point towards a commitment to operational integrity and financial stewardship.
However, the overall rating of "Needs Improvement" implies there are critical areas that require attention. While the financial metrics are strong, the low rating could suggest issues in program effectiveness or transparency that may not be fully captured in the financial data. Continued efforts to enhance communication and impact reporting will be important for the Walton Retirement Home to improve its standing and better serve its community.
This AI summary has been generated from information found on Charity Navigator.
Is Walton Retirement Home legitimate?
Walton Retirement Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walton Retirement Home 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: $76,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $555,361
For more financial information, click here
What is the mission statement of Walton Retirement Home?
Walton Retirement Home's mission is centered around providing comprehensive care for the elderly. It operates in both a traditional rest home environment and an independent living arrangement. The retirement home's primary objective is to extend extensive support to the elderly residents, ensuring their well-being and comfort. The facility offers various programs, including assisted living arrangements, to cater to different needs and preferences of its elderly residents.
Who is the CEO of Walton Retirement Home?
Heidi Palmer is the Executive Director of Walton Retirement Home.
What is the revenue of Walton Retirement Home?
Walton Retirement Home's revenue in 2023 was $1,245,847.
Who are the executives of Walton Retirement Home and what are their salaries?
The average compensation at Walton Retirement Home during 2023 was $13,742. There are 46 employees at Walton Retirement Home.
Here are 12 key members and their salaries:
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Where can I find the form 990 for Walton Retirement Home?
Walton Retirement Home's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Walton Retirement Home
Walton Retirement Home is committed to providing extensive care for the elderly, offering a traditional rest home environment as well as independent living arrangements. Their mission is to ensure the elderly residents receive the best possible rest home care. The retirement facility operates various programs, including assisted living arrangements, to cater to the diverse needs of its elderly residents. Walton Retirement Home aims to create an environment that promotes comfort, safety, and independence for its elderly residents, allowing them to enjoy their golden years in dignity and peace.
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Impact
October, 2024
Walton Retirement Home plays a vital role in the community by providing essential care and support for elderly residents. Situated in Barnesville, OH, it offers a nurturing environment that accommodates both traditional rest home care and independent living arrangements. This dual approach allows seniors to choose the level of support they need, fostering a sense of autonomy while ensuring they receive the necessary assistance.
The facility focuses on extensive rest home care, delivering programs designed to enhance the quality of life for its residents. By offering assisted living arrangements, Walton Retirement Home addresses the diverse needs of the elderly population, promoting their well-being, safety, and social engagement. The caring staff and structured environment contribute to a sense of belonging and community, helping residents navigate the challenges of aging.
Through its commitment to high-quality care, Walton Retirement Home significantly impacts the lives of its residents and their families, providing peace of mind and a positive living experience for those in their later years.
This information is meant to be a general summary of Walton Retirement Home. 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 2023.
- Investment Income: $63,903
- Program Service Revenue: $1,144,581
- Gross Receipts: $1,245,847
Assets and Liabilities:
- Total Assets: $1,310,447
- Total Liabilities: $33,016
- Net Assets: $1,277,431
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM BOARD
Revenue
$1,034,625
APT LEASE
Revenue
$98,938
FOOD
Revenue
$7,271
MISC
Revenue
$3,747
Organization Details
Founding Year
1944
Phone
(740) 425-2344Principal Officer
Heidi Palmer
Main Address
1254 E MAIN ST, BARNESVILLE, OH, 43713
NTEE Category
Code: P75Z - Human services
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