Overview
What is Dekalb Area Retirement Center?
The Dekalb Area Retirement Center is a faith-based, not-for-profit organization located at 2944 Greenwood Acres Dr, DeKalb, IL, 60115. With a team of 299 employees, they serve individuals aged 62 and above by providing a continuum of services that enhance their quality of life. They offer residential options including independent living, assisted living, and nursing home care, all aimed at fostering an enriching environment for seniors.
Official website here: www.oakcrestdekalb.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Dekalb Area Retirement Center has received a solid three-star rating, reflecting a strong focus on accountability and finance. With an overall score of 81%, this rating highlights the organization’s commitment to transparency and responsible management of resources. The accountability and finance metrics indicate that the center maintains good practices, including a fully independent board and no material diversion of assets.
Strengths of the organization include its complete compliance with governance policies, such as conflict of interest and whistleblower policies, which are crucial for maintaining integrity. The center also demonstrates a commendable program expense ratio of 70.28%, suggesting that a significant portion of its expenses directly supports its programs, enhancing the value provided to beneficiaries.
While the charity showcases strengths in governance and financial practices, further insights into its program effectiveness and community impact could provide a more comprehensive view of its operations. Nonetheless, the current rating represents a positive outlook for the Dekalb Area Retirement Center's financial health and organizational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Dekalb Area Retirement Center legitimate?
Dekalb Area Retirement Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dekalb Area Retirement Center 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: $7,297,496
For more financial information, click here
Official website here: www.oakcrestdekalb.org
What is the mission statement of Dekalb Area Retirement Center?
The Dekalb Area Retirement Center is a faith-based, not-for-profit community dedicated to serving individuals aged 62 and above. Through a continuum of services, this organization enhances the quality of life for its senior residents. The mission of the Dekalb Area Retirement Center is to provide a comprehensive range of offerings that cater to the unique needs of older adults, fostering an environment that encourages independence and personal growth. By focusing on the physical, emotional, and spiritual well-being of its residents, this community aims to create a vibrant, supportive atmosphere where seniors can thrive.
Official website here: www.oakcrestdekalb.org
Who is the CEO of Dekalb Area Retirement Center?
Stephen Cichy is the Trustee of Dekalb Area Retirement Center.
Official website here: www.oakcrestdekalb.org
What is the revenue of Dekalb Area Retirement Center?
Dekalb Area Retirement Center's revenue in 2022 was $14,795,100.
Official website here: www.oakcrestdekalb.org
Who are the executives of Dekalb Area Retirement Center and what are their salaries?
The average compensation at Dekalb Area Retirement Center during 2022 was $24,406. There are 299 employees and 60 volunteers at Dekalb Area Retirement Center.
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- Compensation: $219,430
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- Other: $13,165
Official website here: www.oakcrestdekalb.org
Where can I find the form 990 for Dekalb Area Retirement Center?
Dekalb Area Retirement Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oakcrestdekalb.org
Learn more at the official website: www.oakcrestdekalb.org
Mission Statement of Dekalb Area Retirement Center
Dekalb Area Retirement Center, a faith-based not-for-profit organization, dedicates its mission to serving individuals aged 62 and above through a comprehensive range of services. The organization's primary goal is to enhance the quality of life for its residents.
Located at the heart of the community, Dekalb Area Retirement Center offers a continuum of services tailored to the unique needs of senior living. These services extend beyond the basic necessities and encompass independent living, assisted living, and nursing home care. By implementing this diverse array of offerings, the organization caters to the varying requirements of its elderly population.
In their pursuit of excellence, Dekalb Area Retirement Center ensures that each resident receives personalized care and attention. Their faith-based approach infuses a sense of compassion and understanding, fostering a nurturing and inclusive environment. The organization's commitment to its mission is reflected in its unwavering dedication to promoting the well-being and happiness of its residents.
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Impact
October, 2024
Dekalb Area Retirement Center significantly impacts the lives of seniors aged 62 and older by providing a supportive community that enhances their quality of life. Through a comprehensive continuum of services, it caters to a diverse range of needs, including independent living, assisted living, and nursing home support. This holistic approach allows residents to maintain their independence while receiving the care and assistance they may require.
The center fosters a sense of belonging and community among its residents, promoting social interactions and friendships that contribute to emotional well-being. By grounding its services in a faith-based philosophy, the center emphasizes compassion, dignity, and respect, ensuring that each individual feels valued and cared for.
Through its various programs and services, Dekalb Area Retirement Center plays a crucial role in enriching the lives of seniors, helping them navigate the challenges that come with aging, and ultimately enhancing their overall life satisfaction.
This information is meant to be a general summary of Dekalb Area Retirement Center. 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: $280,759
- Program Service Revenue: $15,138,543
- Gross Receipts: $15,404,378
Assets and Liabilities:
- Total Assets: $47,235,638
- Total Liabilities: $16,153,104
- Net Assets: $31,082,534
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$13,665,550
ACCOMODATION FEES
Revenue
$1,245,035
TERMINATION FEES
Revenue
$227,958
Organization Details
Founding Year
1975
Phone
(815) 756-8461Principal Officer
Stephen Cichy
Main Address
2944 GREENWOOD ACRES DR, DEKALB, IL, 60115
Website
www.oakcrestdekalb.orgNTEE Category
Code: P750 - Human services
If you are a representative of Dekalb Area Retirement Center and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.