Overview
What is Greencroft Manor Iii Inc?
Greencroft Manor III Inc is a nonprofit organization situated in Goshen, Indiana, offering affordable housing services to 100 elderly residents on a 170-acre campus. This community benefit corporation is affiliated with two HUD housing organizations and a Continuing Care Retirement Community (CCRC) named Greencroft Goshen (GG). The services provided by Manor III are integrated into GG's offerings, including assisted living, skilled nursing, adult day programs, senior center programs, and home care services. Residents of Manor III pay a subsidized monthly fee for rent and enjoyed estimated savings of $300,000 in 2022 by availing of this affordable housing option, thus avoiding public assistance for a longer period. The mission of Greencroft Manor III is to provide affordable housing, programs, and services for older adults, celebrating their lives and addressing the challenges of aging, while ensuring they have opportunities to live life to the fullest through the various programs and services available on the surrounding Greencroft Goshen campus.
Official website here: www.greencroft.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Greencroft Manor III Inc has received an overall rating of 81%, which reflects a strong emphasis on accountability and financial management. The rating indicates that the organization meets high standards in governance and transparency, highlighted by its perfect score in multiple categories related to board independence, financial oversight, and established policies.
The organization boasts an entirely independent board of directors, showcasing its commitment to accountability. It has effectively implemented essential policies, such as conflict of interest and whistleblower policies, which further enhance its operational integrity. Additionally, Greencroft Manor III Inc has demonstrated fiscal responsibility with a program expense ratio of 73.33%, indicating that a significant portion of its resources is directed towards its programs.
While the rating is positive, it is important for potential donors and supporters to consider the organization's financial health and operational practices continuously. Overall, Greencroft Manor III Inc appears to maintain a solid foundation for its charitable activities, emphasizing transparency and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Greencroft Manor Iii Inc legitimate?
Greencroft Manor Iii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greencroft Manor Iii Inc 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: $93,341
For more financial information, click here
Official website here: www.greencroft.org
What is the mission statement of Greencroft Manor Iii Inc?
Greencroft Manor III is committed to providing affordable HUD housing, programs, and services for older adults. Their mission is to celebrate the lives of seniors and address the challenges of aging. They strive to ensure that these individuals have opportunities to live life to the fullest by offering various programs and services. The organization works closely with older adults to provide them with the support they need, enhancing their living experience on the surrounding Greencroft Goshen campus. As a result of their efforts, estimated savings for older adults amounted to $300,000 in the fiscal year ending June 30, 2022.
Official website here: www.greencroft.org
Who is the CEO of Greencroft Manor Iii Inc?
Linda O'Neill is the Principal Officer of Greencroft Manor Iii Inc.
Official website here: www.greencroft.org
What is the revenue of Greencroft Manor Iii Inc?
Greencroft Manor Iii Inc's revenue in 2022 was $750,308.
Official website here: www.greencroft.org
Who are the executives of Greencroft Manor Iii Inc and what are their salaries?
There 20 volunteers at Greencroft Manor Iii Inc.
Here are 17 key members and their salaries:
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- Other: $52,222
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- Related: $127,272
- Other: $53,455
Official website here: www.greencroft.org
Where can I find the form 990 for Greencroft Manor Iii Inc?
Greencroft Manor Iii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greencroft.org
Learn more at the official website: www.greencroft.org
Mission Statement of Greencroft Manor Iii Inc
Greencroft Manor III is dedicated to serving older adults by providing affordable HUD housing, programs, and services. Their mission is twofold. Firstly, they aim to celebrate the lives of seniors, recognizing their unique experiences and contributions. Secondly, they strive to address the challenges of aging, ensuring that older adults have ample opportunities to live life to its fullest. To accomplish this, Greencroft Manor III offers a variety of programs and services that cater to the needs of seniors, enhancing their quality of life and promoting their overall well-being. The organization's commitment to older adults is reflected in the estimated savings of $300,000 for its residents in the fiscal year ending June 30, 2022.
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Impact
October, 2024
Greencroft Manor III Inc significantly impacts the lives of older adults by providing affordable housing options, essential programs, and supportive services. Located on a spacious 170-acre campus, the facility houses 100 residents, offering them a community-oriented environment. Through its affiliation with HUD housing organizations and Greencroft Goshen's continuing care retirement community, it ensures that residents have access not only to independent living but also to advanced healthcare services such as assisted living and skilled nursing care.
The affordable housing service plays a crucial role in fostering financial stability among residents, with an estimated savings of $300,000 in the fiscal year ending June 30, 2022. This savings demonstrates the impact of affordable living, allowing seniors to maintain their independence and avoid reliance on public assistance for a longer period.
Greencroft Manor III is dedicated to enhancing the quality of life for older adults, encouraging them to celebrate their lives and effectively addressing the challenges associated with aging. By integrating various programs and services focused on well-being, social engagement, and health, it enables residents to live fulfilling lives. This comprehensive support system not only addresses current needs but also prepares residents for future challenges as they age.
This information is meant to be a general summary of Greencroft Manor Iii Inc. 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: $622
- Program Service Revenue: $709,963
- Gross Receipts: $750,497
Assets and Liabilities:
- Total Assets: $1,436,481
- Total Liabilities: $1,900,929
- Net Assets: -$464,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESIDENT REVENUE
Revenue
$709,963
Organization Details
Founding Year
1978
Phone
(574) 537-4000Principal Officer
Linda O'Neill
Main Address
PO BOX 819, GOSHEN, IN, 46527
Website
www.greencroft.orgNTEE Category
Code: L22 - Housing
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