Overview
What is Greencastle Of Palatine Inc C/O Embrace Living Communities?
Greencastle Of Palatine Inc C/O Embrace Living Communities is a not-for-profit organization, established in Illinois in 1989, with a mission to provide affordable, welcoming homes for actively aging adults in communities that embrace living. Their primary objective is to meet the needs of low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. Their services extend to offering comfortable living spaces, aiming to create a warm and inclusive environment for their residents.
Official website here: www.embraceliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Greencastle Of Palatine Inc, operating under Embrace Living Communities, has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. This high score indicates a commitment to transparency and financial stewardship, with an overall score derived entirely from its exceptional accountability practices.
The organization boasts a majority independent board, with 85% of its members being independent, and has successfully maintained a robust financial oversight with no material diversion of assets reported. Additionally, its program expense ratio stands at a commendable 87.80%, demonstrating effective allocation of resources towards its mission-driven programs.
While the organization shines in governance and financial integrity, no limitations were noted in the data provided. Overall, Greencastle Of Palatine Inc exemplifies a nonprofit that prioritizes accountability, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Greencastle Of Palatine Inc C/O Embrace Living Communities legitimate?
Greencastle Of Palatine Inc C/O Embrace Living Communities is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greencastle Of Palatine Inc C/O Embrace Living Communities 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: $273,152
For more financial information, click here
Official website here: www.embraceliving.org
What is the mission statement of Greencastle Of Palatine Inc C/O Embrace Living Communities?
Greencastle of Palatine Inc., affiliated with Embrace Living Communities, was established as a not-for-profit organization in Illinois in 1989. Its primary mission is to offer affordable and welcoming living spaces for actively aging adults. The organization aims to construct housing communities that embrace living, providing a home for low-income elderly and handicapped individuals, as defined by the National Housing Act of 1959. The core objective of Greencastle of Palatine Inc. is to create an inclusive living environment where actively aging adults can call home.
Official website here: www.embraceliving.org
Who is the CEO of Greencastle Of Palatine Inc C/O Embrace Living Communities?
Ralph Gaines is the CEO of Greencastle Of Palatine Inc C/O Embrace Living Communities The CEO's salary of Greencastle Of Palatine Inc C/O Embrace Living Communities is $0 and their total compensation is $406,531.
Official website here: www.embraceliving.org
What is the revenue of Greencastle Of Palatine Inc C/O Embrace Living Communities?
Greencastle Of Palatine Inc C/O Embrace Living Communities's revenue in 2023 was $1,009,978.
Official website here: www.embraceliving.org
Who are the executives of Greencastle Of Palatine Inc C/O Embrace Living Communities and what are their salaries?
Here are 9 key members and their salaries (Greencastle Of Palatine Inc C/O Embrace Living Communities's CEO's salary is $0 and their total compensation is $406,531):
- Compensation: $0
- Related: $357,625
- Other: $48,906
- Compensation: $0
- Related: $209,490
- Other: $20,088
- Compensation: $0
- Related: $134,487
- Other: $29,262
- Compensation: $0
- Related: $114,791
- Other: $40,412
- Compensation: $0
- Related: $108,003
- Other: $40,055
- Compensation: $0
- Related: $109,898
- Other: $27,919
- Compensation: $0
- Related: $104,132
- Other: $27,575
- 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 Greencastle Of Palatine Inc C/O Embrace Living Communities?
Greencastle Of Palatine Inc C/O Embrace Living Communities's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.embraceliving.org
Learn more at the official website: www.embraceliving.org
Mission Statement of Greencastle Of Palatine Inc C/O Embrace Living Communities
Greencastle Of Palatine Inc, affiliated with Embrace Living Communities, was incorporated in Illinois in 1989 with a mission to provide affordable and welcoming homes for actively aging adults. Their objective is to create communities that embrace living, offering a sense of home to elderly and handicapped individuals, as defined by the National Housing Act of 1959. The organization's mission is centered around offering affordable housing options to actively aging adults, aiming to provide a welcoming and inclusive living environment for this group.
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Impact
October, 2024
Greencastle Of Palatine Inc, operating under Embrace Living Communities, significantly impacts the lives of actively aging adults by providing affordable and welcoming housing options. By focusing on creating environments that promote community and active living, they facilitate a higher quality of life among low-income elderly and handicapped individuals. Established in Illinois in 1989, the organization has been instrumental in acquiring land and constructing buildings specifically designed to meet the needs of these populations, aligning with the principles set forth in the National Housing Act of 1959.
Their commitment not only addresses immediate housing needs but also fosters a sense of belonging and support among residents, encouraging social interaction and engagement within the community. This holistic approach to housing not only alleviates the pressures of affordability but also promotes mental, physical, and emotional well-being, ultimately enriching the lives of residents and contributing to a more inclusive community atmosphere.
This information is meant to be a general summary of Greencastle Of Palatine Inc C/O Embrace Living Communities. 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 2023.
- Investment Income: $2,849
- Program Service Revenue: $1,003,732
- Gross Receipts: $1,009,978
Assets and Liabilities:
- Total Assets: $2,824,250
- Total Liabilities: $58,749
- Net Assets: $2,765,501
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$227,586
TENANT ASSISTANCE PAYMENTS
Revenue
$776,146
Organization Details
Founding Year
1990
Principal Officer
Anne Oliva
Website
www.embraceliving.orgNTEE Category
Code: L22 - Housing
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