Overview
What is Cedar Crest Inc?
Cedar Crest Inc, a faith-based nonprofit organization based in Janesville, Wisconsin, has been serving the senior community for over five decades. Established in 1968, Cedar Crest provides a diverse range of living options for adults aged 55 and above. The mission of this nonprofit is to offer its residents a compassionate and supportive environment, embracing a unique wellness lifestyle and excellent healthcare services. With a strong faith-based culture, Cedar Crest creates a welcoming home for its seniors, ensuring their well-being and happiness.
Official website here: www.cedarcrestlife.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Cedar Crest Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization excels in governance and financial oversight, with a perfect score for having a majority of independent board members and comprehensive policies in place. Their program expense ratio of 88.92% indicates that a significant portion of their funds is allocated towards programs rather than administrative costs, which is a positive indicator for potential donors.
However, the organization faces a challenge with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This suggests that Cedar Crest Inc may have significant debts compared to its assets, which could raise concerns about its financial stability in the long term. While the strong accountability measures help instill confidence among stakeholders, addressing the liabilities issue could further improve their financial health and donor trust.
Overall, Cedar Crest Inc demonstrates a commitment to financial transparency and effective governance, making it a relatively reliable choice for donors seeking to support nonprofits. However, the financial ratios should be monitored closely to ensure the organization maintains a stable and sustainable operational model.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Crest Inc legitimate?
Cedar Crest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Crest 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: $503,254
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,816,970
For more financial information, click here
Official website here: www.cedarcrestlife.com
What is the mission statement of Cedar Crest Inc?
Cedar Crest Inc is a faith-based life plan community dedicated to serving adults aged 55 and above. For over five decades, it has been providing a distinct wellness lifestyle, compassionate and supportive living, and excellent healthcare to its residents. The organization's mission centers around offering a wide range of living options that its residents take pride in. Cedar Crest is a nonprofit community that aims to create an environment that embraces the spiritual needs of its residents while promoting their overall well-being. Through its faith-based culture, Cedar Crest provides its residents with a strong support system and access to quality healthcare services.
Official website here: www.cedarcrestlife.com
Who is the CEO of Cedar Crest Inc?
David Tanck is the Director of Cedar Crest Inc. The CEO's salary of Cedar Crest Inc is $196,536 and their total compensation is $231,208.
Official website here: www.cedarcrestlife.com
What is the revenue of Cedar Crest Inc?
Cedar Crest Inc's revenue in 2022 was $17,987,919.
Official website here: www.cedarcrestlife.com
Who are the executives of Cedar Crest Inc and what are their salaries?
The average compensation at Cedar Crest Inc during 2022 was $22,318. There are 328 employees at Cedar Crest Inc.
Here are 15 key members and their salaries (Cedar Crest Inc's CEO's salary is $196,536 and their total compensation is $231,208):
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- Compensation: $196,536
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- Other: $34,672
- Compensation: $119,222
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- Compensation: $106,603
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- Other: $11,751
- Compensation: $100,744
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- Other: $11,003
Official website here: www.cedarcrestlife.com
Where can I find the form 990 for Cedar Crest Inc?
Cedar Crest Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedarcrestlife.com
Learn more at the official website: www.cedarcrestlife.com
Mission Statement of Cedar Crest Inc
Cedar Crest Inc, a esteemed nonprofit organization, has been dedicated to enriching the lives of adults aged 55 and above for over half a century. With a deep-rooted mission, this faith-based community embraces a distinctive wellness lifestyle, compassionate supportive living, and top-notch healthcare for its residents.
Located in South Central Wisconsin, Cedar Crest is renowned as the go-to life plan community for individuals seeking a fulfilling and enriched retirement experience. As a nonprofit, the organization takes pride in offering a comprehensive range of living options for its residents, whom it considers an integral part of the Cedar Crest family.
Cedar Crest's mission is rooted in its faith-based culture, which values compassion, kindness, and a commitment to the well-being of its members. The community goes beyond merely providing shelter, offering a supportive environment that fosters personal growth and encourages residents to live life to the fullest. With a strong emphasis on wellness, the organization prioritizes the physical, emotional, and spiritual health of its residents, ensuring they feel safe, valued, and empowered.
Cedar Crest strives to create a nurturing environment that allows its residents to explore their passions, forge new friendships, and engage in meaningful activities. The community's compassionate caregivers are dedicated to helping residents maintain their independence, offering assistance whenever needed with a gentle and understanding touch. By focusing on the unique needs and preferences of each resident, Cedar Crest cultivates a sense of belonging and connection among its members.
Through its excellent healthcare services, Cedar Crest ensures that its residents receive the care they need to live vibrant, healthy lives. The organization's commitment to quality healthcare extends beyond the basics, with a strong emphasis on preventative care and promoting overall wellness. By combining its faith-based mission with a wide range of living options and exceptional healthcare services, Cedar Crest is more than just a retirement community; it's a place where people come to live their best lives.
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Impact
October, 2024
Cedar Crest Inc significantly impacts the lives of adults aged 55 and older by providing a supportive and vibrant life plan retirement community. With over 50 years of experience, it has established itself as a cornerstone in South Central Wisconsin, creating a nurturing environment where residents can thrive. The community emphasizes a holistic wellness lifestyle, ensuring that its residents enjoy not only exceptional health care but also a rich, faith-based culture that fosters compassion and connection.
By offering a variety of living options, Cedar Crest fosters independence and dignity while ensuring that residents have access to compassionate supportive living as their needs evolve. This blend of excellent health care and a strong community spirit enhances the quality of life for its residents, promoting both physical well-being and social engagement. Cedar Crest is dedicated to creating a welcoming home that residents are proud to be a part of, making a lasting positive impact on the senior community in Janesville and beyond.
This information is meant to be a general summary of Cedar Crest 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: $55,545
- Program Service Revenue: $14,766,108
- Gross Receipts: $18,004,222
Assets and Liabilities:
- Total Assets: $93,332,972
- Total Liabilities: $75,657,783
- Net Assets: $17,675,189
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CENTER
Revenue
$6,876,662
ASSISTED LIVING
Revenue
$2,797,236
RETIREMENT APARTMENTS
Revenue
$2,765,507
MEMORY CARE
Revenue
$1,838,616
WATERFORD GROVE
Revenue
$422,343
Organization Details
Founding Year
2003
Phone
(608) 756-0344Principal Officer
David Tanck
Main Address
1702 SOUTH RIVER ROAD, JANESVILLE, WI, 53546
Website
www.cedarcrestlife.comNTEE Category
Code: E910 - Health
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