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
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
Olmsted Residence Corporation has earned a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and strong financial health. The rating is based solely on their Accountability & Finance score, where they achieved a significant 96%. This rating highlights the organization's sound financial practices and transparency, showcasing their commitment to responsible management of funds.
One of the organization's notable strengths is its governance structure, with a majority of independent board members and comprehensive policies for conflict of interest and whistleblower protections in place. Their program expense ratio is impressive at over 94%, indicating that a substantial portion of their resources is allocated toward their mission-driven activities. However, there are some limitations, such as their unavailability of data for other important categories like Leadership & Adaptability and Impact & Measurement.
User reviews from GreatNonprofits were not accessible at this time. Therefore, any additional insights regarding public sentiment or specific experiences with Olmsted Residence Corporation are currently unavailable.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare 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?
There 114 volunteers at Olmsted Residence Corporation.
Here are 18 key members and their salaries (Olmsted Residence Corporation's CEO's salary is $0 and their total compensation is $372,261):
- Compensation: $0
- Related: $360,348
- Other: $11,913
- Compensation: $0
- Related: $219,925
- Other: $4,901
- Compensation: $0
- Related: $170,115
- Other: $11,913
- Compensation: $0
- Related: $171,792
- Other: $8,742
- Compensation: $0
- Related: $114,395
- Other: $594
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.elizajennings.org
Where can I find the form 990 for Olmsted Residence Corporation?
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.
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Impact
October, 2024
Olmsted Residence Corporation significantly enhances the quality of life for older adults through its comprehensive independent living community, The Renaissance. With 176 apartments and villas, it offers a vibrant lifestyle supported by an array of amenities designed specifically for senior residents.
The picturesque setting spans over 60 acres and features walking paths that encourage outdoor activity and engagement with nature. The community promotes a maintenance-free lifestyle, allowing residents to focus on their interests while benefiting from services like housekeeping and maintenance.
Key amenities include a state-of-the-art fitness and aquatic center with a heated saltwater pool, fine dining options, and access to on-site wellness services. The Wellness Clinic and Health Center provide 24/7 support from medical professionals, including physicians and nurses, ensuring that residents' health and safety are prioritized.
Additionally, Olmsted Residence Corporation facilitates various care services, including medication management, physical and occupational therapy, and memory support for those with dementia. This holistic approach nurtures the physical, emotional, intellectual, social, and spiritual well-being of each resident, affirming their dignity and individual worth.
The corporation's commitment extends to offering transportation for medical appointments and community events, making it easier for residents to stay connected and active. By fostering an inclusive and respectful environment, Olmsted Residence Corporation empowers older adults to lead fulfilling lives, reinforcing its mission to enhance their overall quality of life.
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.
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.
- 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
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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
Phone
(440) 540-4700Principal Officer
Richard M Boyson Jr
Main Address
26376 John Road, Olmsted Township, OH, 44138
Website
www.elizajennings.orgNTEE Category
Code: P750 - Human services
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