Overview
What is Oakwood Village Prairie Ridge Apartments Inc?
Oakwood Village Prairie Ridge Apartments Inc is a nonprofit organization, sponsored by a Lutheran church, dedicated to serving aging adults. Located at 6165 Mineral Point Road, Madison, Wisconsin 53705, the organization provides 206 independent apartments for residents with continuing care contracts. The community offers daily check-ins, housekeeping, maintenance, food service plans, and a full-time social worker. Additionally, there are transportation services, life enrichment activities, and a secure environment with nursing staff available as needed. Residents receive priority access to assisted living, skilled nursing, and therapy services if necessary. With a mission to encourage individuality, worth, and well-being throughout life, Oakwood Village Prairie Ridge Apartments Inc aims to offer a supportive living environment for aging adults.
Official website here: www.oakwoodvillage.net
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Oakwood Village Prairie Ridge Apartments Inc has received a solid score of 81%, indicating a satisfactory level of accountability and financial management. The organization has achieved a perfect score in several areas, including maintaining a fully independent board and ensuring no material diversion of assets, which suggests strong governance practices.
The nonprofit demonstrates a commitment to transparency with a comprehensive conflict of interest policy, a whistleblower policy, and proper document retention practices in place. With an impressive program expense ratio of 81.96%, it appears that a significant portion of the funds raised is directed towards their programs, reflecting efficient use of resources.
While the overall score is commendable, it is important to note that the rating is based solely on accountability and finance metrics. Potential donors may want to consider additional factors such as program impact and community engagement when evaluating the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Oakwood Village Prairie Ridge Apartments Inc legitimate?
Oakwood Village Prairie Ridge Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakwood Village Prairie Ridge Apartments 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: $261,626
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,292,444
For more financial information, click here
Official website here: www.oakwoodvillage.net
What is the mission statement of Oakwood Village Prairie Ridge Apartments Inc?
Oakwood Village Prairie Ridge Apartments Inc, as a Lutheran church-sponsored organization, is dedicated to serving the needs of aging adults. Their mission, in essence, is to foster individuality, worth, and well-being among this demographic throughout their lives. As a Lutheran ministry, they encourage a sense of community and personal growth, promoting dignity and quality of life for their residents. The complex, consisting of 206 independent apartments, offers a range of services including daily checks, housekeeping, maintenance, and food service plans. Residents also benefit from social work support, transportation services, and life enrichment activities catering to various physical and mental abilities. The community provides a secure environment with nursing staff on hand as needed, offering priority access to assisted living, skilled nursing, and therapy services if required. In 2022, they provided a considerable 92,123 days of care.
Official website here: www.oakwoodvillage.net
Who is the CEO of Oakwood Village Prairie Ridge Apartments Inc?
Christine O'Donnell is the Chair, Coo As Of 5/10/22 of Oakwood Village Prairie Ridge Apartments Inc. The CEO's salary of Oakwood Village Prairie Ridge Apartments Inc is $0 and their total compensation is $387,478.
Official website here: www.oakwoodvillage.net
What is the revenue of Oakwood Village Prairie Ridge Apartments Inc?
Oakwood Village Prairie Ridge Apartments Inc's revenue in 2022 was $5,955,688.
Official website here: www.oakwoodvillage.net
Who are the executives of Oakwood Village Prairie Ridge Apartments Inc and what are their salaries?
There 225 volunteers at Oakwood Village Prairie Ridge Apartments Inc.
Here are 16 key members and their salaries (Oakwood Village Prairie Ridge Apartments Inc's CEO's salary is $0 and their total compensation is $387,478):
- Compensation: $0
- Related: $129,499
- Other: $5,236
- 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: $210,427
- Other: $23,512
- Compensation: $0
- Related: $371,107
- Other: $16,371
- Compensation: $0
- Related: $152,878
- Other: $3,159
- Compensation: $0
- Related: $210,677
- Other: $21,938
- Compensation: $0
- Related: $169,017
- Other: $21,283
- Compensation: $0
- Related: $140,251
- Other: $20,591
- Compensation: $0
- Related: $165,809
- Other: $27,986
- Compensation: $0
- Related: $128,974
- Other: $38,862
- Compensation: $0
- Related: $143,246
- Other: $20,307
- Compensation: $0
- Related: $134,005
- Other: $26,024
Official website here: www.oakwoodvillage.net
Where can I find the form 990 for Oakwood Village Prairie Ridge Apartments Inc?
Oakwood Village Prairie Ridge Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oakwoodvillage.net
Learn more at the official website: www.oakwoodvillage.net
Mission Statement of Oakwood Village Prairie Ridge Apartments Inc
Oakwood Village Prairie Ridge Apartments Inc, a Lutheran church-sponsored organization, is dedicated to serving aging adults. As a Lutheran ministry, this nonprofit aims to cater to generations of elderly individuals, fostering a sense of individuality, worth, and well-being throughout their lives. The mission of Oakwood Village Prairie Ridge Apartments Inc is to create an environment that encourages the dignity and independence of its residents, ensuring that they can live fulfilling lives despite their advanced age.
The organization operates two properties, Pioneer Prairie and Settlers Ridge, which are home to 206 independent apartments. Residents of these apartments enter into continuing care contracts, ensuring that they have access to additional services as their needs evolve. Oakwood Village Prairie Ridge Apartments Inc provides a range of services to its residents, including daily checks, housekeeping, maintenance, and food service plans. The nonprofit also employs a full-time social worker, offers transportation services, and organizes life enrichment activities that cater to various physical and mental abilities. Residents of Oakwood Village Prairie Ridge Apartments Inc can also benefit from a secure environment with nursing staff available as needed. Furthermore, residents have priority access to assisted living, skilled nursing, and therapy services if needed.
In 2022, Oakwood Village Prairie Ridge Apartments Inc provided 92,123 days of care to its residents. This demonstrates the organization's commitment to ensuring the well-being and care of its aging adult population, providing them with the support they need to live independently and with dignity. Through its mission, Oakwood Village Prairie Ridge Apartments Inc is truly a beacon of hope for elderly individuals, offering them a safe, supportive, and nurturing environment where they can continue to thrive.
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Impact
July, 2024
Oakwood Village Prairie Ridge Apartments Inc, a Lutheran Church-sponsored organization, has a significant impact on aging adults in Madison, WI. With 206 independent apartments offering continuing care contracts, Oakwood Village provides a range of services tailored to residents from a modest middle-income market. These services include daily check-ins, housekeeping, maintenance, food service plans, access to a full-time social worker, transportation services, and life enrichment activities for all capabilities.
The presence of nursing staff ensures a secure environment, with residents receiving priority access to assisted living, skilled nursing, and therapy services as needed. In 2022 alone, Oakwood Village provided a total of 92,123 days of care to its residents, highlighting the organization's commitment to supporting the well-being and individuality of aging adults. Through its mission of serving generations of aging adults and promoting well-being throughout life, Oakwood Village Prairie Ridge Apartments Inc plays a crucial role in enhancing the quality of life for its residents.
This information is meant to be a general summary of Oakwood Village Prairie Ridge Apartments 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: $124,159
- Program Service Revenue: $5,831,529
- Gross Receipts: $29,625,402
Assets and Liabilities:
- Total Assets: $68,750,239
- Total Liabilities: $80,834,356
- Net Assets: -$12,084,117
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$5,375,972
ENTRANCE FEES
Revenue
$455,557
Organization Details
Founding Year
1999
Phone
(608) 230-4699Principal Officer
Christine O'Donnell
Main Address
6165 MINERAL POINT ROAD, MADISON, WI, 53705
Website
www.oakwoodvillage.netNTEE Category
Code: L220 - Housing
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