Overview
What is Oakwood Village Prairie Ridge Homes Inc?
Oakwood Village Prairie Ridge Homes Inc, located at 6165 Mineral Point Road in Madison, Wisconsin, is a Lutheran church-sponsored organization dedicated to serving aging adults. The nonprofit operates a 40-bed skilled nursing facility, providing nursing services, therapy, nutrition management, medication management, life enrichment activities, housekeeping, laundry, and payer services. These services cater to a diverse range of payer sources, including private pay, Medicare, managed care, and Medicaid. While some payer sources do not cover the full cost of care, the organization also subsidizes residents who are not eligible for public assistance and cannot pay. The facility offers 9,557 days of care annually. The mission of Oakwood Village Prairie Ridge Homes Inc is to encourage individuality, worth, and well-being throughout the aging process.
Official website here: www.oakwoodvillage.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Oakwood Village Prairie Ridge Homes Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is primarily based on the organization's Accountability & Finance metrics, which indicate a strong commitment to financial transparency and proper governance practices.
One of the notable strengths of Oakwood Village is its independent governance structure, with 100% of its board members being independent. This is complemented by a strong financial oversight framework, including an audit and oversight committee. The organization also demonstrates a high program expense ratio of 88.59%, suggesting that a significant majority of its resources are directed toward its charitable activities.
However, the organization faces challenges with its liabilities to assets ratio, scoring 0 out of 15 points in this area. This indicates potential concerns regarding financial leverage or debt levels relative to its assets, which could impact its long-term sustainability. Overall, while Oakwood Village showcases strong accountability practices, the financial health indicated by the liabilities ratio warrants further attention.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Oakwood Village Prairie Ridge Homes Inc?
88% of 25 reviewers on Facebook recommend Oakwood Village Prairie Ridge Homes Inc. Here is a summary of their reviews:
Many individuals express positive sentiments about the community, highlighting it as a warm and caring environment for seniors. The mention of the nature preserve as a "hidden gem" indicates that residents appreciate the beautiful surroundings and the tranquil atmosphere that enhances their living experience.
Overall, the organization seems to successfully deliver a nurturing atmosphere, which resonates well with those who have experienced its services. The positive remarks suggest that residents feel well looked after and enjoy the vibrant community atmosphere.
This AI summary has been generated from reviews found on Facebook.
Is Oakwood Village Prairie Ridge Homes Inc legitimate?
Oakwood Village Prairie Ridge Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakwood Village Prairie Ridge Homes 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: $281,062
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,747,603
For more financial information, click here
Official website here: www.oakwoodvillage.net
What is the mission statement of Oakwood Village Prairie Ridge Homes Inc?
Oakwood Village Prairie Ridge Homes Inc is a Lutheran church-sponsored organization dedicated to serving aging adults. Its mission is to empower aging individuals, recognizing their worth and promoting well-being throughout their lives. This mission is accomplished through various services, including skilled nursing care, therapy, nutrition management, medication management, and life enrichment activities. Payer sources for these services include private pay, Medicare, managed care, and Medicaid, with some residents being subsidized internally when necessary. In 2022, Oakwood provided 9,557 days of care.
Official website here: www.oakwoodvillage.net
Who is the CEO of Oakwood Village Prairie Ridge Homes Inc?
Christine O'Donnell is the Chair, Coo As Of 5/10/22 of Oakwood Village Prairie Ridge Homes Inc. The CEO's salary of Oakwood Village Prairie Ridge Homes 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 Homes Inc?
Oakwood Village Prairie Ridge Homes Inc's revenue in 2022 was $17,179,778.
Official website here: www.oakwoodvillage.net
Who are the executives of Oakwood Village Prairie Ridge Homes Inc and what are their salaries?
There 187 volunteers at Oakwood Village Prairie Ridge Homes Inc.
Here are 16 key members and their salaries (Oakwood Village Prairie Ridge Homes 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: $169,017
- Other: $21,283
- Compensation: $0
- Related: $210,677
- Other: $21,938
- Compensation: $0
- Related: $165,809
- Other: $27,986
- Compensation: $0
- Related: $128,974
- Other: $38,862
- Compensation: $0
- Related: $140,251
- Other: $20,591
- 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 Homes Inc?
Oakwood Village Prairie Ridge Homes 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 Homes Inc
Oakwood Village Prairie Ridge Homes Inc, a Lutheran church-sponsored organization, dedicates its mission to serving aging adults. This esteemed ministry encourages individuality, worth, and well-being throughout various stages of life. by providing comprehensive nursing care to older adults. The organization's 40-bed skilled nursing facility offers nursing services, therapy services, nutrition management, medication management, and life enrichment activities.
Residents at Oakwood Village Prairie Ridge Homes Inc receive support in various aspects of their daily lives, ensuring they maintain a high standard of living. Housekeeping, laundry, and operational/maintenance services are also provided as part of the overall package. Some residents who are not eligible for public assistance and unable to pay may receive subsidies internally.
During the year 2022, Oakwood Village Prairie Ridge Homes Inc provided 9,557 days of care to its residents. This care included payer sources such as private pay, Medicare, managed care, and Medicaid. Although some of these payer sources do not cover the full cost of care, the organization manages to provide essential services to those in need. The mission of this remarkable organization is to serve aging adults, promoting their individuality, worth, and overall well-being as they navigate the later stages of their lives.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Oakwood Village Prairie Ridge Homes Inc significantly impacts the community by providing essential nursing care and supportive services to aging adults. The organization operates a 40-bed skilled nursing facility designed to meet the healthcare needs of its residents, offering a range of services including nursing, therapy, and nutrition management.
By facilitating life enrichment activities, Oakwood fosters an environment that encourages individuality and well-being, allowing residents to maintain a sense of dignity and purpose. The facility's mission to serve aging adults addresses the complexities of elder care, recognizing the unique challenges and needs that residents face.
In 2022 alone, Oakwood provided 9,557 days of care, illustrating its commitment to delivering continuous support to those who may not be eligible for full public assistance. The organization also ensures that those who are unable to cover their care costs are subsidized, further demonstrating its dedication to inclusivity and compassion in healthcare.
In addition to direct nursing services, Oakwood's comprehensive approach includes housekeeping, laundry, operations and maintenance, pharmacy, and rehabilitation services, creating a holistic care experience for its residents. Through its mission, Oakwood Village Prairie Ridge Homes Inc plays a crucial role in enhancing the quality of life for aging adults in Madison, WI, and surrounding areas, encouraging healthier, more fulfilling lives.
This information is meant to be a general summary of Oakwood Village Prairie Ridge Homes 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: $54,072
- Program Service Revenue: $16,481,690
- Gross Receipts: $18,215,993
Assets and Liabilities:
- Total Assets: $57,855,936
- Total Liabilities: $55,289,638
- Net Assets: $2,566,298
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$16,218,366
AMORTIZATION OF ENTRANCE FEES
Revenue
$231,781
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: L22 - Housing
If you are a representative of Oakwood Village Prairie Ridge Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.