Overview
What is Northwest Home For The Aged?
Northwest Home For The Aged, operating as Park Plaza Retirement Center, is a nonprofit organization situated in Chicago, Illinois. Their primary focus is providing independent living accommodations for the elderly residing in the Chicagoland area. The mission of this organization is to offer modern, elegant living spaces that foster independence, community, and safety for its senior residents. They operate a 196-unit apartment complex, ensuring that the elderly population has access to a comfortable living environment. With a workforce of 31 individuals, Northwest Home For The Aged is committed to enhancing the quality of life for its senior residents, offering them a sense of independence and community.
Official website here: www.park-plaza.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 92% - Four-Star out of Four Star Rating
Northwest Home For The Aged has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management practices. The organization received a high score of 92% in the Accountability & Finance category, which is a significant indicator of its operational effectiveness and transparency. This rating is based entirely on its financial metrics for the most recent fiscal year, FY2022.
The nonprofit demonstrates a commitment to good governance, with a fully independent board and no reported material diversion of assets. Furthermore, the organization has implemented key policies, such as a whistleblower policy and a document retention policy, enhancing its operational integrity. The program expense ratio of 88.01% indicates that a substantial portion of its funds is directed toward fulfilling its mission, which is a positive sign for donors and stakeholders.
However, it is worth noting that the organization lacks a conflict of interest policy, which could be seen as a gap in its governance framework. Overall, Northwest Home For The Aged presents a strong profile for accountability and financial stewardship, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northwest Home For The Aged?
100% of reviewers on Facebook recommend Northwest Home For The Aged, with a total of 5 reviews. Here is a summary of their comments:
The overwhelming consensus is that this nonprofit demonstrates a strong commitment to its residents, emphasizing the quality of care provided by the administration. Reviewers appreciate the variety of activities available, including concerts, plays, and other enriching programs that foster a vibrant community atmosphere.
Residents appear to thrive in this supportive environment, enjoying positive interactions with both the staff and volunteers, which enhances their overall experience. Overall, the organization is seen as successfully delivering on its mission to provide a warm and engaging space for seniors.
This AI summary has been generated from reviews found on Facebook.
Is Northwest Home For The Aged legitimate?
Northwest Home For The Aged is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Home For The Aged 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: $141,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,445
For more financial information, click here
Official website here: www.park-plaza.org
What is the mission statement of Northwest Home For The Aged?
Northwest Home For The Aged's mission is centered around providing senior residents with a high standard of living. Their nonprofit objective is to offer modern, elegant accommodations, fostering independence, community, and safety for the elderly residing in the Chicago area. To achieve this, they operate a 196-unit retirement center known as Park Plaza Retirement Center. This facility aims to cater to the needs of retired individuals, providing them with a comfortable living space.
Official website here: www.park-plaza.org
Who is the CEO of Northwest Home For The Aged?
David Rubin is the President of Northwest Home For The Aged.
Official website here: www.park-plaza.org
What is the revenue of Northwest Home For The Aged?
Northwest Home For The Aged's revenue in 2022 was $6,661,659.
Official website here: www.park-plaza.org
Who are the executives of Northwest Home For The Aged and what are their salaries?
The average compensation at Northwest Home For The Aged during 2022 was $39,691. There are 31 employees and 23 volunteers at Northwest Home For The Aged.
Here are 16 key members and their salaries:
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- Compensation: $141,963
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- Compensation: $106,977
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Official website here: www.park-plaza.org
Where can I find the form 990 for Northwest Home For The Aged?
Northwest Home For The Aged's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.park-plaza.org
Learn more at the official website: www.park-plaza.org
Mission Statement of Northwest Home For The Aged
Northwest Home for the Aged, a nonprofit organization, is dedicated to providing senior residents with the comfort and independence they deserve. Its mission is to offer modern and elegant living accommodations, fostering a sense of community and ensuring safety for the elderly residing in the Chicagoland area. To accomplish this, the organization operates a 196-unit apartment complex known as Park Plaza Retirement Center. This facility serves as a home for retired individuals, providing them with a living space that caters to their needs and supports their desire for independence.
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Impact
October, 2024
Northwest Home For The Aged significantly enhances the quality of life for elderly individuals in the Chicagoland area by providing independent living options that prioritize comfort, safety, and community. Operating the Park Plaza Retirement Center, a 196-unit apartment complex, it offers modern and elegant accommodations tailored to meet the needs of retired individuals.
This initiative fosters a sense of independence among residents, allowing them to enjoy their later years while remaining connected to a supportive community. By creating a safe living environment, Northwest Home For The Aged empowers seniors to maintain their autonomy, facilitating a fulfilling lifestyle filled with engagement and social opportunities. Their mission underscores a commitment to ensuring that elderly residents receive the respect and dignified living standards they deserve, positively impacting both individual lives and the broader community.
This information is meant to be a general summary of Northwest Home For The Aged. 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: $3,825,679
- Program Service Revenue: $2,826,305
- Gross Receipts: $25,170,022
Assets and Liabilities:
- Total Assets: $98,417,484
- Total Liabilities: $3,624,844
- Net Assets: $94,792,640
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENTALS
Revenue
$2,763,746
RESIDENT FEES
Revenue
$62,559
Organization Details
Founding Year
1944
Phone
(773) 465-6700Principal Officer
David Rubin
Main Address
6840 NORTH SACRAMENTO AVE, CHICAGO, IL, 60645
Website
www.park-plaza.orgNTEE Category
Code: P750 - Human services
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