Overview
What is Clark Retirement Community Inc?
Clark Retirement Community Inc, based in Grand Rapids, Michigan, is a distinguished nonprofit organization dedicated to older adults and those who care for them. With a team of 274 employees, they offer retirement housing, healthcare, and associated services to residents and clients. Their mission is to create a community that upholds dignity, compassion, and respect, focusing on the lives of older adults. In the fiscal year 2022, Clark provided over $852,000 in benevolent care grants to those in financial need, and received several accolades for their program services. Clark was the first organization in the United States to receive accreditation for dementia services from the Commission on Accreditation of Rehabilitation Facilities - Continuing Care Accreditation Committee (CARF-CCAC).
Official website here: www.clarkretirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Clark Retirement Community Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 66%. The organization's accountability and finance metrics indicate some strengths, particularly in areas like its conflict of interest policy and the absence of material diversion of assets. However, significant concerns arise from the lack of independent board members and the high liabilities to assets ratio, which could indicate financial instability.
The organization demonstrates good transparency regarding its financial statements and maintains several sound policies, such as whistleblower and document retention policies. However, the failure to post its tax form on its website is a notable shortcoming, impacting its overall transparency and accountability rating. These factors contribute to a perception that while the organization is managing certain aspects well, it still has critical areas needing attention.
Overall, Clark Retirement Community Inc shows a commitment to certain governance practices but falls short in key areas that could affect its financial health and accountability. Stakeholders might consider these limitations when assessing the organization's reliability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Clark Retirement Community Inc legitimate?
Clark Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clark Retirement Community 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: $164,219
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,257,173
For more financial information, click here
Official website here: www.clarkretirement.org
What is the mission statement of Clark Retirement Community Inc?
Clark Retirement Community Inc is dedicated to creating a compassionate and respectful environment for older adults and those who care for them. Their mission goes beyond providing retirement housing, healthcare, and related services; it's about fostering a community centered on the lives of older adults. In fiscal year 2022, they granted over $852,000 in benevolent care to residents who have exhausted their financial resources. Their commitment to quality care has earned them accreditation for dementia services by the Commission on Accreditation of Rehabilitation Facilities - Continuing Care Accreditation Committee (CARF-CCAC). In the same year, they received several notable awards and recognitions for their program services.
Official website here: www.clarkretirement.org
Who is the CEO of Clark Retirement Community Inc?
Roger E Weideman Ii is the Director & Ceo of Clark Retirement Community Inc. The CEO's salary of Clark Retirement Community Inc is $0 and their total compensation is $401,521.
Official website here: www.clarkretirement.org
What is the revenue of Clark Retirement Community Inc?
Clark Retirement Community Inc's revenue in 2022 was $24,769,741.
Official website here: www.clarkretirement.org
Who are the executives of Clark Retirement Community Inc and what are their salaries?
The average compensation at Clark Retirement Community Inc during 2022 was $30,735. There are 274 employees and 52 volunteers at Clark Retirement Community Inc.
Here are 10 key members and their salaries (Clark Retirement Community Inc's CEO's salary is $0 and their total compensation is $401,521):
- Compensation: $0
- Related: $363,620
- Other: $37,901
- Compensation: $0
- Related: $334,250
- Other: $35,922
- Compensation: $0
- Related: $233,815
- Other: $28,405
- Compensation: $0
- Related: $199,838
- Other: $16,372
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $156,852
- Related: $0
- Other: $7,367
- Compensation: $104,744
- Related: $0
- Other: $7,055
- Compensation: $111,702
- Related: $0
- Other: $14,101
- Compensation: $101,264
- Related: $0
- Other: $4,370
Official website here: www.clarkretirement.org
Where can I find the form 990 for Clark Retirement Community Inc?
Clark Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clarkretirement.org
Learn more at the official website: www.clarkretirement.org
Mission Statement of Clark Retirement Community Inc
Clark Retirement Community Inc, a pioneering organization in the US, is dedicated to creating a community that upholds dignity, compassion, and respect for older adults and those caring for them. Established with a mission to provide retirement housing, healthcare, and related services, the community goes beyond basic needs to foster an enriching environment for its residents.
Notably, Clark Retirement Community is the first in the country to receive accreditation for its dementia services from the Commission on Accreditation of Rehabilitation Facilities - Continuing Care Accreditation Committee (CARF-CCAC). This recognition underscores the community's commitment to excellence in care and service for its older adult population. In fiscal year 2022, Clark provided over $852,000 in benevolent care grants to residents who have exhausted their financial resources, reflecting the organization's compassionate approach to eldercare.
Throughout the year, Clark's innovative programs and services earned several prestigious awards and recognitions. The community's unwavering dedication to its residents and their well-being sets it apart, making Clark Retirement Community an invaluable resource for older adults in need of a supportive and vibrant living environment.
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Impact
October, 2024
Clark Retirement Community Inc. significantly impacts the lives of older adults and their families in Grand Rapids, MI, by providing essential retirement housing, healthcare, and related services. With a strong focus on dignity, compassion, and respect, Clark fosters a supportive environment for its residents.
As a pioneer in the field, Clark was the first organization in the United States to receive accreditation for dementia services from the Commission on Accreditation of Rehabilitation Facilities - Continuing Care Accreditation Committee (CARF-CCAC). This recognition underscores its commitment to high-quality care and innovative service delivery for individuals with dementia.
The financial support provided through benevolent care grants exemplifies Clark's dedication to its residents. In fiscal year 2022, over $852,000 was allocated to assist residents who have exhausted their personal financial resources, ensuring that they continue to receive necessary care and support.
Additionally, Clark's notable awards and recognition in fiscal year 2022 attest to its impactful program services and its ongoing commitment to enhancing the well-being of older adults. Through its holistic approach to care and community building, Clark Retirement Community Inc. plays a vital role in enriching the lives of its residents and their families.
This information is meant to be a general summary of Clark Retirement Community 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: $60,166
- Program Service Revenue: $21,219,350
- Gross Receipts: $24,769,741
Assets and Liabilities:
- Total Assets: $96,787,228
- Total Liabilities: $92,260,240
- Net Assets: $4,526,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$21,201,246
RELATED PARTY RENT
Revenue
$14,457
ANCILLARY SERVICES
Revenue
$3,647
Organization Details
Founding Year
1906
Phone
(616) 452-1568Principal Officer
Roger E Weideman Ii
Main Address
1551 FRANKLIN SE, GRAND RAPIDS, MI, 495063331
Website
www.clarkretirement.orgNTEE Category
Code: L220 - Housing
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