Overview
What is Christian Retirement Services Inc?
Christian Retirement Services Inc, operating as Oaknoll Retirement Residence, is a nonprofit organization based in Iowa City, Iowa. Their mission revolves around providing exceptional retirement living and health services through the operation of a LifeCare Life Plan Community. They manage 301 independent living units, 37 assisted living units, and a related skilled nursing unit with 58 nursing beds. With a workforce of 392 employees, Oaknoll provides a continuum of care to ensure residents' needs are met as they age. Their commitment to retirement living excellence is reflected in their services, which include senior housing and related health care offerings.
Official website here: www.oaknoll.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
Christian Retirement Services Inc has earned a respectable Three-Star rating from Charity Navigator, reflecting solid performance in accountability and finance. The organization scored 81% overall, with a strong emphasis on financial health. An important aspect of its rating is the perfect score for having a fully independent board, which suggests a commitment to governance and oversight.
The organization demonstrates a high program expense ratio of 88.50%, indicating that a significant portion of its funds is allocated directly to its programs rather than administrative costs. This efficiency in fund utilization is a positive sign for potential donors seeking impactful charities. Additionally, the presence of robust policies for conflict of interest, whistleblowing, and document retention further supports its transparency and accountability.
While the overall rating reflects a sound financial foundation, the focus on a single beacon score limits the breadth of evaluation. Potential supporters may benefit from exploring additional metrics or reviews to gain a comprehensive understanding of the organization's impact and effectiveness beyond financial considerations.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Retirement Services Inc legitimate?
Christian Retirement Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Retirement Services 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: $451,869
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,185,726
For more financial information, click here
Official website here: www.oaknoll.com
What is the mission statement of Christian Retirement Services Inc?
Christian Retirement Services Inc, through its community Oaknoll, is dedicated to delivering exceptional retirement living and health services. They achieve this mission through their Lifecare approach, which encompasses senior housing and related services. Specifically, they operate 301 independent living units, 37 assisted living units, and a skilled nursing unit with 58 beds. Their commitment extends beyond independent living, providing assisted living and skilled nursing care when needed. The goal is to ensure seniors can age gracefully with access to comprehensive care and support services.
Official website here: www.oaknoll.com
Who is the CEO of Christian Retirement Services Inc?
Stephen J Roe is the Executive Di of Christian Retirement Services Inc.
Official website here: www.oaknoll.com
What is the revenue of Christian Retirement Services Inc?
Christian Retirement Services Inc's revenue in 2022 was $22,752,170.
Official website here: www.oaknoll.com
Who are the executives of Christian Retirement Services Inc and what are their salaries?
The average compensation at Christian Retirement Services Inc during 2022 was $19,484. There are 392 employees and 86 volunteers at Christian Retirement Services Inc.
Here are 19 key members and their salaries:
- Compensation: $197,815
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- Other: $31,536
- Compensation: $140,606
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- Other: $24,910
- Compensation: $113,448
- Related: $0
- Other: $7,536
- Compensation: $101,911
- Related: $0
- Other: $17,151
- Compensation: $100,240
- Related: $0
- Other: $13,377
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Official website here: www.oaknoll.com
Where can I find the form 990 for Christian Retirement Services Inc?
Christian Retirement Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oaknoll.com
Learn more at the official website: www.oaknoll.com
Mission Statement of Christian Retirement Services Inc
Christian Retirement Services Inc, also known as Oaknoll, is dedicated to delivering exceptional retirement living and healthcare services through its LifeCare life plan community. This nonprofit organization is committed to enhancing the quality of life for seniors by providing a range of offerings that cater to various care needs.
At Oaknoll, they operate over 300 independent living units, 37 assisted living units, and a skilled nursing unit with 58 beds. Their mission is to ensure that every resident receives personalized care and support, tailored to their individual needs. By offering these diverse living options, Oaknoll is able to provide a continuum of care that enables seniors to age gracefully on their own terms.
Oaknoll's priority lies in helping seniors maintain their independence and dignity while addressing their changing care needs. Through its LifeCare life plan community, the organization offers a seamless transition from independent living to assisted living and eventually skilled nursing, if required. This innovative approach to senior care allows residents to focus on their well-being without the worry of having to relocate or find alternative care options as their needs change.
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Impact
October, 2024
Christian Retirement Services Inc. significantly enhances the quality of life for seniors through its commitment to exceptional retirement living and health services at Oaknoll. By operating a Life Plan Community, they offer a comprehensive continuum of care that includes 301 independent living units, 37 assisted living units, and a skilled nursing unit with 58 beds. This structure not only provides residents with comfortable living arrangements but also ensures that support and healthcare services are readily available as their needs change over time.
The impact of Oaknoll extends beyond housing; it fosters a sense of community and belonging among residents. Through various activities and interpersonal connections, seniors experience increased social engagement, which is vital for emotional and mental well-being. The dedicated staff at Oaknoll work tirelessly to create a nurturing environment that promotes health, independence, and dignity for elderly residents.
Overall, Christian Retirement Services Inc. plays a crucial role in meeting the diverse needs of the aging population in Iowa City, ensuring that seniors can access the services necessary for a fulfilling and secure retirement experience.
This information is meant to be a general summary of Christian Retirement Services 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: $26,825
- Program Service Revenue: $22,253,831
- Gross Receipts: $22,752,170
Assets and Liabilities:
- Total Assets: $126,961,425
- Total Liabilities: $129,226,744
- Net Assets: -$2,265,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING FACILITY SERVICES
Revenue
$22,253,831
Organization Details
Founding Year
1964
Phone
(319) 351-1720Principal Officer
Stephen J Roe
Main Address
1 OAKNOLL COURT, IOWA CITY, IA, 52246
Website
www.oaknoll.comNTEE Category
Code: P750 - Human services
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