Overview
What is Oak Crest Residence Association?
Oak Crest Residence Association is a nonprofit organization situated in Elgin, Illinois. Its primary focus is providing affordable housing and healthcare services for the elderly community. With a workforce of 50 dedicated individuals, the organization strives to meet the evolving needs of seniors and their families while upholding a commitment to quality care, community networking, and ethical standards. Through this approach, Oak Crest Residence Association aims to deliver service excellence and value to its elderly clients.
Official website here: www.oakcrestatrium.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
Oak Crest Residence Association has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance with a score of 96%. The rating is based exclusively on their Accountability & Finance criteria, indicating a solid commitment to transparency and fiscal responsibility. This high rating suggests that the organization effectively manages its resources and adheres to best practices in governance.
Strengths of the Oak Crest Residence Association include a majority of independent board members, a robust audit and oversight committee, and a comprehensive set of policies, including conflict of interest and whistleblower policies. Their financial health is evidenced by a low liabilities to assets ratio and a high program expense ratio, signifying that a significant portion of their expenditures directly support their mission.
While the data does not indicate any notable limitations or concerns, the organization's exemplary rating underscores its dedication to maintaining high standards of accountability. Overall, potential donors and stakeholders can feel confident in the financial stewardship and governance practices of Oak Crest Residence Association.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oak Crest Residence Association?
92% of reviewers recommend Oak Crest Residence Association, highlighting positive experiences with their services. Many caregivers share heartfelt stories about the support provided for their loved ones, emphasizing the compassionate environment offered at the facility.
One reviewer expressed deep gratitude for the staff's dedication, noting that their loved one always returned home happy and excited to share stories about their day. The caregiver appreciated the respite service, which allowed them to balance work and caregiving while ensuring their family member was in a safe and engaging setting.
Overall, Oak Crest Residence Association appears to be a valued resource for families, with many suggesting it as a reliable option for those in need of care services. The kindness and commitment of the staff leave a lasting impression on both residents and their families, fostering a sense of community and support.
This AI summary has been generated from reviews found on Facebook.
Is Oak Crest Residence Association legitimate?
Oak Crest Residence Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Crest Residence Association 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: $110,711
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,665
For more financial information, click here
Official website here: www.oakcrestatrium.org
What is the mission statement of Oak Crest Residence Association?
The Oak Crest Residence Association's mission is centered around providing affordable housing and healthcare for the elderly. Their goal is to adapt to the evolving needs of seniors and their families, while maintaining a forward-thinking approach to care. The organization emphasizes on building strong community connections to uphold service excellence, value, and ethics.
Official website here: www.oakcrestatrium.org
Who is the CEO of Oak Crest Residence Association?
Susan Cincinelli is the Past President of Oak Crest Residence Association.
Official website here: www.oakcrestatrium.org
What is the revenue of Oak Crest Residence Association?
Oak Crest Residence Association's revenue in 2022 was $2,050,056.
Official website here: www.oakcrestatrium.org
Who are the executives of Oak Crest Residence Association and what are their salaries?
The average compensation at Oak Crest Residence Association during 2022 was $16,148. There are 50 employees and 20 volunteers at Oak Crest Residence Association.
Here are 7 key members and their salaries:
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- Compensation: $110,250
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- Other: $9,072
Official website here: www.oakcrestatrium.org
Where can I find the form 990 for Oak Crest Residence Association?
Oak Crest Residence Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oakcrestatrium.org
Learn more at the official website: www.oakcrestatrium.org
Mission Statement of Oak Crest Residence Association
Oak Crest Residence Association is committed to addressing the evolving needs of the elderly and their families, while upholding a forward-thinking approach to care. This nonprofit organization focuses on providing both housing and healthcare services for the elderly. In line with its mission, Oak Crest Residence Association prioritizes networking within the community, striving for excellence, value, and ethical practices. The association's ultimate goal is to create an environment that caters to the changing needs of seniors, ensuring they receive the best possible care.
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Impact
October, 2024
Oak Crest Residence Association significantly impacts the lives of seniors and their families in Elgin, IL, by providing low-cost housing and essential health care services. The organization addresses the changing needs of the elderly population, ensuring access to safe and affordable living conditions while also facilitating necessary health care support. By prioritizing a current approach to care, Oak Crest fosters an environment that values service excellence, ethical practices, and community networking. This commitment not only enhances the quality of life for residents but also supports families in navigating the challenges associated with elder care, making a meaningful difference in the community.
This information is meant to be a general summary of Oak Crest Residence Association. 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: $52,876
- Program Service Revenue: $1,973,220
- Gross Receipts: $2,050,056
Assets and Liabilities:
- Total Assets: $5,821,339
- Total Liabilities: $2,811,838
- Net Assets: $3,009,501
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ROOM CHARGES
Revenue
$1,973,220
Organization Details
Founding Year
1904
Phone
(847) 742-2255Principal Officer
Susan Cincinelli
Main Address
204 S STATE ST, ELGIN, IL, 601236431
Website
www.oakcrestatrium.orgNTEE Category
Code: P750 - Human services
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