Overview
What is Mirabella?
Mirabella Seattle is a not-for-profit retirement community committed to promoting healthy living and healthy aging. Residents can enjoy an active urban lifestyle alongside the security and comprehensive care they need. Mirabella Seattle's mission is to provide housing and care for the elderly.
Official website here: www.retirement.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Mirabella has received an overall score of 81%, reflecting strong performance in accountability and finance. The organization has a fully independent board, which contributes positively to its governance practices. Key strengths include a high program expense ratio of 87.51%, indicating that a significant portion of its budget is directed towards programs rather than administrative costs.
However, there are some areas of concern noted in the financial metrics. The liabilities to assets ratio stands at 168.49%, suggesting potential financial vulnerabilities that may warrant further scrutiny. While the charity excels in governance policies and the absence of material diversions of assets, the high liability ratio could impact its long-term sustainability. Overall, Mirabella demonstrates a commitment to transparency and accountability, though it may need to address its financial stability.
This AI summary has been generated from information found on Charity Navigator.
Is Mirabella legitimate?
Mirabella is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mirabella 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: $259,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,503,741
For more financial information, click here
Official website here: www.retirement.org
What is the mission statement of Mirabella?
Mirabella is a not-for-profit retirement community dedicated to providing comprehensive care and housing for the elderly. The organization prioritizes healthy living and healthy aging, allowing senior residents to enjoy a vibrant lifestyle. Mirabella offers its residents a sense of security, ensuring they receive the necessary care and support to thrive. By focusing on both physical and emotional well-being, this community fosters an environment where elderly individuals can live their best lives. With a strong commitment to care and housing, Mirabella empowers its residents to age gracefully and maintain their independence.
Official website here: www.retirement.org
Who is the CEO of Mirabella?
Christopher Wood is the Chair/President of Mirabella.
Official website here: www.retirement.org
What is the revenue of Mirabella?
Mirabella's revenue in 2022 was $32,342,312.
Official website here: www.retirement.org
Who are the executives of Mirabella and what are their salaries?
The average compensation at Mirabella during 2022 was $30,395. There are 387 employees and 80 volunteers at Mirabella.
Here are 10 key members and their salaries:
- Compensation: $245,792
- Related: $0
- Other: $43,235
- Compensation: $141,716
- Related: $0
- Other: $24,446
- Compensation: $128,505
- Related: $0
- Other: $27,601
- Compensation: $136,993
- Related: $0
- Other: $10,297
- Compensation: $126,710
- Related: $0
- Other: $15,153
- Compensation: $128,424
- Related: $0
- Other: $11,266
- 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.retirement.org
Where can I find the form 990 for Mirabella?
Mirabella's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.retirement.org
Learn more at the official website: www.retirement.org
Mission Statement of Mirabella
Mirabella, a renowned not-for-profit organization, is dedicated to providing comprehensive care and housing for the elderly. This community goes beyond the basics of retirement living by embracing the true essence of healthy living and healthy aging. Mirabella offers its residents an enriching urban lifestyle with the added security they need as they grow older.
Mirabella's mission is deeply rooted in the belief that aging should not mean sacrificing joy, independence, or vitality. By fostering a vibrant and inclusive community, Mirabella empowers its residents to thrive and live life to the fullest. The organization takes pride in ensuring that its seniors are not only physically cared for but also emotionally supported, providing them with a sense of belonging and purpose.
Mirabella's commitment to its residents extends beyond the confines of their living spaces. The organization offers a variety of programs, services, and amenities to keep its seniors engaged and active. From social events to educational workshops, fitness classes, and health care services, Mirabella ensures that its residents have access to all the resources they need to live their best lives.
In summary, Mirabella is more than just a retirement community; it's a place where seniors can continue to grow, learn, and live with purpose and joy. By providing comprehensive care and housing, as well as a vibrant and inclusive community, Mirabella empowers its residents to embrace healthy living and healthy aging.
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Impact
October, 2024
Mirabella has a profound impact on the lives of the elderly by providing comprehensive care and housing that promotes healthy living and aging. Situated in Seattle, Mirabella Seattle offers a vibrant urban lifestyle that not only enhances the quality of life for its residents but also fosters a sense of community and belonging. The organization prioritizes the well-being of seniors, ensuring they have access to essential services and support that cater to their physical, emotional, and social needs. By creating an environment that encourages active engagement and a secure living space, Mirabella enables its residents to enjoy their golden years with dignity and fulfillment, significantly contributing to their overall happiness and health.
This information is meant to be a general summary of Mirabella. 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: $121,832
- Program Service Revenue: $29,594,020
- Gross Receipts: $34,354,895
Assets and Liabilities:
- Total Assets: $187,281,071
- Total Liabilities: $315,551,534
- Net Assets: -$128,270,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$20,943,369
HEALTH CENTER
Revenue
$3,962,072
ENTRANCE FEES
Revenue
$2,665,272
HOME CARE/PRIVATE DUTY
Revenue
$1,123,602
GARAGE & CARPORT
Revenue
$181,451
Organization Details
Founding Year
2005
Phone
(888) 724-6424Principal Officer
Christopher Wood
Main Address
116 FAIRVIEW AVENUE NORTH, SEATTLE, WA, 98109
Website
www.retirement.orgNTEE Category
Code: L22 - Housing
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