Overview
What is Jennings Terrace Inc?
Jennings Terrace Inc, located at 275 S LASALLE ST, Aurora, IL 60505, is a nonprofit organization dedicated to providing long-term care for senior citizens. Their services encompass skilled, intermediate, and shelter care, catering to over 47,000 individuals during the fiscal year. With a workforce of 129 employees, this organization offers a residential setting that aims to improve the lives of elderly citizens, ensuring their well-being and overall care.
Official website here: www.jenningsterrace.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
Jennings Terrace Inc has earned a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The score is derived entirely from its excellent Accountability & Finance metrics, indicating that the organization effectively manages its resources and operates with transparency. With an independent board composed entirely of 100% members, Jennings Terrace demonstrates a commitment to governance best practices.
The organization excels in several key areas, such as having no material diversion of assets and maintaining a low liabilities to assets ratio of 34.86%. Additionally, the high program expense ratio of 88.85% suggests that a significant portion of its budget is directed towards program services, which is a positive indicator for donors seeking impactful contributions.
However, a notable limitation is the absence of a conflict of interest policy, which has impacted its score in that area. While Jennings Terrace demonstrates strong overall financial management, addressing this gap could further enhance its accountability and strengthen trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Jennings Terrace Inc?
Jennings Terrace Inc currently has three reviews on Facebook with no formal rating yet. Here is a summary of their comments:
One reviewer expresses strong support for the organization, highlighting the quality of care provided to the residents and noting their happiness. This sentiment suggests that Jennings Terrace Inc is doing a commendable job in meeting the needs of those they serve.
Overall, the feedback indicates a positive perception of the nonprofit, with emphasis on the well-being and satisfaction of residents. It appears that Jennings Terrace Inc is committed to providing a nurturing environment for its community members.
This AI summary has been generated from reviews found on Facebook.
Is Jennings Terrace Inc legitimate?
Jennings Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jennings Terrace 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: $2,704,478
For more financial information, click here
Official website here: www.jenningsterrace.com
What is the mission statement of Jennings Terrace Inc?
Jennings Terrace Inc is committed to providing skilled, intermediate, and sheltered care services to senior citizens. Their mission is centered around offering long-term care in a residential setting, catering to the needs of over 47,000 senior citizens annually. The organization's primary goal is to ensure the well-being and comfort of these senior citizens, providing them with the necessary care and support they require. While the exact nature of these services is not specified, it can be inferred that they encompass a range of medical and supportive care services to ensure the senior citizens' overall well-being.
Official website here: www.jenningsterrace.com
Who is the CEO of Jennings Terrace Inc?
Steve Meves is the President of Jennings Terrace Inc.
Official website here: www.jenningsterrace.com
What is the revenue of Jennings Terrace Inc?
Jennings Terrace Inc's revenue in 2022 was $4,926,430.
Official website here: www.jenningsterrace.com
Who are the executives of Jennings Terrace Inc and what are their salaries?
The average compensation at Jennings Terrace Inc during 2022 was $20,965. There are 129 employees and 25 volunteers at Jennings Terrace Inc.
Here are 7 key members and their salaries:
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Official website here: www.jenningsterrace.com
Where can I find the form 990 for Jennings Terrace Inc?
Jennings Terrace Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jenningsterrace.com
Learn more at the official website: www.jenningsterrace.com
Mission Statement of Jennings Terrace Inc
Jennings Terrace Inc, a nonprofit organization, is dedicated to providing skilled, intermediate, and sheltered care services to senior citizens. Their mission is to ensure that these elderly individuals receive the necessary long-term care in a residential setting. During the fiscal year, they successfully offered over 47,000 days of patient care, demonstrating their commitment to senior citizens' well-being.
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Impact
October, 2024
Jennings Terrace Inc significantly impacts the lives of senior citizens in Aurora, IL, by offering essential skilled, intermediate, and sheltered care services in a residential setting. During the last fiscal year, the organization provided over 47,000 days of patient care, highlighting its commitment to ensuring that elderly individuals receive the support and assistance they need. This comprehensive long-term care approach not only enhances the quality of life for seniors but also promotes their dignity and well-being, ensuring that they live in a safe and nurturing environment. By prioritizing the unique needs of older adults, Jennings Terrace Inc plays a vital role in enriching the community and supporting families who seek quality care for their loved ones.
This information is meant to be a general summary of Jennings Terrace 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: $153,725
- Program Service Revenue: $4,464,124
- Gross Receipts: $4,926,430
Assets and Liabilities:
- Total Assets: $3,609,097
- Total Liabilities: $834,945
- Net Assets: $2,774,152
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT CHARGES
Revenue
$4,464,124
Organization Details
Founding Year
1943
Phone
(630) 897-6946Principal Officer
Steve Meves
Main Address
275 S LASALLE ST, AURORA, IL, 60505
Website
www.jenningsterrace.comNTEE Category
Code: L22 - Housing
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