Overview
What is Embrace Living Charities?
Embrace Living Charities is a nonprofit organization situated in Oak Brook, Illinois. Their primary goal is to offer affordable, welcoming housing solutions for actively aging adults, fostering inclusive communities that embrace living. They strive to make a positive impact by providing homes that cater to the needs of senior citizens, ensuring they can age gracefully in a supportive environment. The organization's mission is deeply rooted in this commitment, aiming to create a network of welcoming homes that enhance the lives of elderly individuals.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Embrace Living Charities received a low score of 56%, resulting in a One-Star rating, which indicates significant concerns regarding the organization's accountability and financial health. This rating is primarily based on the Accountability & Finance score, suggesting that while the charity adheres to some governance standards, there are critical areas that need improvement, especially in financial management and transparency.
The organization exhibits strengths in its governance structure, with 85% of board members being independent and a well-composed audit and oversight committee. Additionally, essential policies such as conflict of interest and whistleblower protections are in place, which are positive indicators of the charity's commitment to ethical governance. However, these strengths are overshadowed by the troubling financial metrics, such as a 0.00% program expense ratio, indicating that none of its expenditures are directed towards program activities.
Limitations noted include the absence of the tax form on the nonprofit's website and a concerning liabilities to assets ratio of 0.14%. These financial weaknesses raise questions about the sustainability of the organization and its ability to effectively utilize resources for charitable purposes. Overall, while Embrace Living Charities has established a strong governance framework, it faces critical challenges in financial transparency and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Embrace Living Charities legitimate?
Embrace Living Charities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embrace Living Charities 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: $0
For more financial information, click here
Official website here: www.embraceliving.org
What is the mission statement of Embrace Living Charities?
Embrace Living Charities' mission is centered around providing affordable and welcoming living spaces for actively aging adults. This mission is carried out in communities that foster an inclusive living environment. The organization's primary goal is to make these homes readily available for this specific demographic, thereby enhancing their living experience. Embrace Living Charities aims to create communities that embrace aging, fostering a sense of belonging and acceptance among the elderly residents.
Official website here: www.embraceliving.org
Who is the CEO of Embrace Living Charities?
Anne Oliva is the Interim Chair President & Ceo of Embrace Living Charities. The CEO's salary of Embrace Living Charities is $0 and their total compensation is $388,734.
Official website here: www.embraceliving.org
What is the revenue of Embrace Living Charities?
Embrace Living Charities's revenue in 2022 was $828,723.
Official website here: www.embraceliving.org
Who are the executives of Embrace Living Charities and what are their salaries?
Here are 13 key members and their salaries (Embrace Living Charities's CEO's salary is $0 and their total compensation is $388,734):
- Compensation: $0
- Related: $344,607
- Other: $44,127
- Compensation: $0
- Related: $197,709
- Other: $17,173
- Compensation: $0
- Related: $131,888
- Other: $26,502
- Compensation: $0
- Related: $116,429
- Other: $37,184
- Compensation: $0
- Related: $102,461
- Other: $36,870
- Compensation: $0
- Related: $112,604
- Other: $21,935
- Compensation: $0
- Related: $100,579
- Other: $25,472
- 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.embraceliving.org
Where can I find the form 990 for Embrace Living Charities?
Embrace Living Charities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.embraceliving.org
Learn more at the official website: www.embraceliving.org
Mission Statement of Embrace Living Charities
Embrace Living Charities, as an organization, is dedicated to a noble mission. Their primary goal is to offer affordable, welcoming living spaces to actively aging adults. This mission is carried out in communities that embrace and value living, providing a nurturing environment for these individuals. By doing so, Embrace Living Charities aims to contribute positively to the lives of the elderly, ensuring they can age with dignity and comfort.
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Impact
October, 2024
Embrace Living Charities creates a significant impact by providing actively aging adults with affordable and welcoming homes, fostering communities that prioritize engaged and vibrant living. By addressing the housing needs of older adults, the organization enhances their quality of life, ensuring they have safe and supportive environments where they can thrive. This approach not only facilitates their physical well-being but also encourages social interaction and community involvement, ultimately promoting a sense of belonging and purpose. The initiative helps to combat loneliness and isolation, vital factors for mental health among seniors, and cultivates spaces where individuals can actively participate in their communities and embrace their later years with dignity and joy.
This information is meant to be a general summary of Embrace Living Charities. 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: $605,041
- Gross Receipts: $828,723
Assets and Liabilities:
- Total Assets: $19,060,630
- Total Liabilities: $27,351
- Net Assets: $19,033,279
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Organization Details
Founding Year
1894
Phone
(630) 521-8701Principal Officer
Anne Oliva
Main Address
1900 SPRING ROAD SUITE 300, OAK BROOK, IL, 605231480
Website
www.embraceliving.orgNTEE Category
Code: P700 - Human services
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