Overview
What is Embrace Living Development?
Embrace Living Development is a nonprofit organization based in Oak Brook, Illinois, dedicated to providing affordable, welcoming homes for actively aging adults within embracing communities. Their mission is to make a difference in the lives of older adults, ensuring they have access to comfortable and inclusive living spaces. Their focus on affordability sets them apart, aiming to create a sense of belonging for those in their care.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 56% (One-Star out of Four Star rating).
Embrace Living Development has received a One-Star rating from Charity Navigator, reflecting concerns regarding its accountability and financial management. While the organization exhibits strong governance features, such as an independent board and comprehensive policies for conflict of interest and whistleblowing, it scored notably low in key financial metrics, particularly in program expenses and the ratio of liabilities to assets.
The organization's strengths include a fully independent board, with 85% of its members qualified as independent, alongside solid audit and oversight practices. Despite these governance strengths, the lack of reported program expenses indicates a potential issue in resource allocation towards its mission, raising questions about its effectiveness in delivering services.
Overall, while Embrace Living Development has established a solid framework for accountability, the concerning financial ratios suggest that it may not be utilizing its resources efficiently to fulfill its charitable objectives. This highlights the importance for potential donors and stakeholders to investigate further before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Embrace Living Development legitimate?
Embrace Living Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Embrace Living Development 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 Development?
Embrace Living Development is dedicated to offering affordable and welcoming homes for actively aging adults. Their mission focuses on creating communities that embrace living for older adults. They strive to provide residences that cater to the unique needs of this demographic. By doing so, they aim to contribute to the overall well-being and quality of life for actively aging adults. Their commitment extends beyond housing, as they work to foster inclusive communities where older adults can thrive.
Official website here: www.embraceliving.org
Who is the CEO of Embrace Living Development?
Anne Oliva is the Interim Chair President & Ceo of Embrace Living Development. The CEO's salary of Embrace Living Development is $0 and their total compensation is $388,734.
Official website here: www.embraceliving.org
What is the revenue of Embrace Living Development?
Embrace Living Development's revenue in 2022 was $70,609,181.
Official website here: www.embraceliving.org
Who are the executives of Embrace Living Development and what are their salaries?
Here are 13 key members and their salaries (Embrace Living Development'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 Development?
Embrace Living Development'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 Development
Embrace Living Development is a mission-driven organization that strives to offer affordable, welcoming homes for actively aging adults. Their commitment extends beyond just providing shelter, as they focus on creating communities that truly embrace living.
In the third person, we can describe their mission as follows: Embrace Living Development is dedicated to making a difference in the lives of actively aging adults. By prioritizing affordable housing, they aim to ensure seniors have a place to call home. Moreover, they are passionate about fostering inclusive communities where every individual feels valued and supported.
The organization's primary goal is to provide affordable homes for actively aging adults. These homes offer more than just a roof over their heads; they provide a sense of belonging and comfort. The welcoming nature of the communities they create helps foster a positive atmosphere for seniors as they navigate the challenges of aging.
Embrace Living Development's mission is not limited to merely offering housing. They are committed to creating an environment where actively aging adults can thrive. By focusing on affordability, they ensure that seniors have the financial stability necessary to live comfortably. Furthermore, the communities they build are designed to support their residents, offering a sense of belonging and camaraderie.
In summary, Embrace Living Development is an organization that goes above and beyond in providing affordable, welcoming homes for actively aging adults. Their commitment extends beyond just housing, as they strive to create inclusive communities where seniors can truly embrace living.
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Impact
October, 2024
Embrace Living Development creates a significant impact by providing actively aging adults with affordable, welcoming homes that foster a sense of community. By focusing on the needs of this demographic, they enhance the quality of life for seniors, ensuring they have safe and supportive environments to thrive in. Their mission goes beyond just offering housing; it promotes an inclusive atmosphere where older adults can engage with one another, access essential services, and maintain their independence. Through their efforts, Embrace Living Development helps to combat social isolation among seniors, encouraging a vibrant and active lifestyle within the communities they serve.
This information is meant to be a general summary of Embrace Living Development. 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: $68,583,022
- Program Service Revenue: $1,819,071
- Gross Receipts: $70,609,181
Assets and Liabilities:
- Total Assets: $117,089,105
- Total Liabilities: $2,275,962
- Net Assets: $114,813,143
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE REVENUE
Revenue
$68,797
DEVELOPER FEE REVENUE
Revenue
$1,750,274
Organization Details
Founding Year
1990
Phone
(630) 521-8701Principal Officer
Anne Oliva
Main Address
1900 SPRING ROAD SUITE 300, OAK BROOK, IL, 605231480
Website
www.embraceliving.orgNTEE Category
Code: T70J - Philanthropy
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