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Olmsted Residence Corporation

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

EIN: 341560249 ✦ Olmsted township, OH ✦ Designated as a 501(c)(3)

Overview

What is Olmsted Residence Corporation?

Olmsted Residence Corporation, also known as The Renaissance, is a distinguished retirement community situated in Olmsted Township, Ohio. Operated by Olmsted Residence Corp., this premier facility provides 176 apartments and villas for independent older adults, offering them maintenance-free living and a wide array of amenities such as scenic walking paths, a state-of-the-art fitness center, and world-class dining services. The community is a member of Eliza Jennings Senior Care Network, which provides comprehensive aging services, including access to healthcare professionals, medication management, therapy sessions, and housekeeping services. Additionally, The Renaissance offers on-site assisted living and 24-hour emergency call service. The overarching mission of Olmsted Residence Corp. is to respect and empower older adults, fostering their physical, emotional, intellectual, social, and spiritual well-being.


Official website here: www.elizajennings.org

Is Olmsted Residence Corporation legitimate?

Olmsted Residence Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olmsted Residence 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $723,160

For more financial information, click here


Official website here: www.elizajennings.org

What is the mission statement of Olmsted Residence Corporation?

Olmsted Residence Corporation, as an organization, values and upholds the dignity and worth of older adults. Their mission is to foster and maintain the physical, emotional, intellectual, social, and spiritual health of these individuals, ensuring they can live their lives to the fullest potential. The community strives to create an environment where every member is equally respected, valued, and empowered.


Official website here: www.elizajennings.org

Who is the CEO of Olmsted Residence Corporation?

Richard M Boyson Jr is the President & Ceo of Olmsted Residence Corporation. The CEO's salary of Olmsted Residence Corporation is $0 and their total compensation is $372,261.


Official website here: www.elizajennings.org

What is the revenue of Olmsted Residence Corporation?

Olmsted Residence Corporation's revenue in 2022 was $8,037,578.


Official website here: www.elizajennings.org

Who are the executives of Olmsted Residence Corporation and what are their salaries?

Here are 18 key members and their salaries (Olmsted Residence Corporation's CEO's salary is $0 and their total compensation is $372,261):

    Richard M Boyson Jr (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $360,348
  • Other: $11,913

    • Kathleen M Shields (Cfo)
  • Compensation: $0
  • Related: $219,925
  • Other: $4,901

    • Jennifer Griveas (Vp Of Legal)
  • Compensation: $0
  • Related: $170,115
  • Other: $11,913

    • Sheryl Sereda (Cao)
  • Compensation: $0
  • Related: $171,792
  • Other: $8,742

    • Michael Gray (Cio)
  • Compensation: $0
  • Related: $114,395
  • Other: $594

    • Richard L Fletcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alayne J Fodor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn S Krassen (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brendan Lawlor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle R Messina (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard L Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Rogerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia M Scanlon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terrie Tenk Shrock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allen R Tracy (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick J Weigle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret G Weitzel (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hilton Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.elizajennings.org

    Where can I find the form 990 for Olmsted Residence Corporation?

    The Olmsted Residence Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.elizajennings.org

    Learn more at the official website: www.elizajennings.org

    Mission Statement of Olmsted Residence Corporation

    Olmsted Residence Corporation, also known as The Renaissance, is dedicated to upholding the dignity and worth of older adults. This nonprofit organization strives to foster and preserve the physical, emotional, intellectual, social, and spiritual health of its residents. The mission of Olmsted Residence Corporation is centered around respecting the individuality and empowering every member within its community, ensuring that each person is valued equally. The organization's commitment extends beyond providing quality living accommodations, as it also offers a range of inclusive amenities and services, such as fine dining, maintenance, and housekeeping. By nurturing the holistic well-being of its residents, Olmsted Residence Corporation aims to enable them to lead the highest possible quality of life.

    Impact

    This information is meant to be a general summary of Olmsted Residence Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Olmsted Residence Corporation, operating as The Renaissance, has a significant impact on the lives of older adults in their community. By offering a premier retirement community with top-notch amenities and services, they provide a supportive and vibrant environment for independent living. With a focus on maintaining the dignity and overall well-being of older adults, they offer a range of services including healthcare support, memory care programs, and hospice services through their network. The organization is committed to empowering older adults and ensuring they have access to high-quality services that enhance their quality of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $8,034,893
  • Gross Receipts: $8,037,578

    • Assets and Liabilities:
  • Total Assets: $14,665,008
  • Total Liabilities: $173,294
  • Net Assets: $14,491,714
  • Programs

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

    Ancillary Resident Servic

    Revenue

    $298,735

    Resident Service Fees

    Revenue

    $7,736,158

    Organization Details

    Founding Year

    1987

    Principal Officer

    Richard M Boyson Jr

    Main Address

    26376 John Road, Olmsted Township, OH, 44138

    NTEE Category

    Code: P750 - Human services

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