Grand Island Regency Retirement

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470761023 ✦ Grand island, NE ✦ Designated as a 501(c)(3)

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Overview

What is Grand Island Regency Retirement?

Grand Island Regency Retirement is a nonprofit organization situated in Grand Island, Nebraska. Its primary focus is to offer residential housing facilities for the elderly, catering to both long-term and short-term needs. With a modest workforce of four individuals, this organization provides a 24-unit apartment complex that serves as a home for senior citizens. The mission of Grand Island Regency Retirement is deeply rooted in ensuring elderly individuals have a comfortable and supportive living environment.

Is Grand Island Regency Retirement legitimate?

Grand Island Regency Retirement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Island Regency Retirement 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: $88,357
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,818

For more financial information, click here

What is the mission statement of Grand Island Regency Retirement?

Grand Island Regency Retirement's mission is centered around providing residential housing facilities for the elderly. This mission is carried out by offering both long-term and short-term placements within their 24-unit apartment complex. Their primary goal is to cater to the elderly population, ensuring they have a suitable living environment.

Who is the CEO of Grand Island Regency Retirement?

Steve Miles is the President of Grand Island Regency Retirement.

What is the revenue of Grand Island Regency Retirement?

Grand Island Regency Retirement's revenue in 2022 was $292,850.

Who are the executives of Grand Island Regency Retirement and what are their salaries?

The average compensation at Grand Island Regency Retirement during 2022 was $23,294. There are 4 employees at Grand Island Regency Retirement.


Here are 6 key members and their salaries:


Peggy Marsh (Executive Di)
  • Compensation: $88,357
  • Related: $0
  • Other: $0
Shirley Armstrong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Callies (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Miles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Tjernagel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Tyma (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Island Regency Retirement?

Grand Island Regency Retirement's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grand Island Regency Retirement

Grand Island Regency Retirement, a notable establishment, is committed to providing residential housing facilities for the elderly. Its mission, in essence, is to offer a home for seniors, whether their stay is short-term or long-term. The facility, consisting of 24 units, serves as a sanctuary for the elderly, offering them a place to reside with care and comfort.

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Impact




October, 2024

Grand Island Regency Retirement significantly contributes to the community by providing essential residential housing facilities for the elderly. With a well-structured facility consisting of 24 apartment units, it accommodates both long-term and short-term placements, catering to the diverse needs of seniors. This residential support not only ensures a safe and secure living environment but also enhances the quality of life for elderly residents in Grand Island, Nebraska. The presence of such a facility fosters a sense of community, offering social engagement opportunities that can alleviate feelings of isolation often experienced by seniors. By prioritizing the well-being of its residents, Grand Island Regency Retirement plays a crucial role in enhancing the overall health and happiness of elderly individuals in the region.




This information is meant to be a general summary of Grand Island Regency Retirement. 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.

Revenue
$292,850 (2022)
Expenses
$306,481 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $34
  • Program Service Revenue: $292,816
  • Gross Receipts: $292,850

Assets and Liabilities:

  • Total Assets: $988,217
  • Total Liabilities: $844,075
  • Net Assets: $144,142

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT FEES

Revenue

$292,816

Organization Details

Founding Year

1993

Principal Officer

Steve Miles

Main Address

803 ALPHA ST, GRAND ISLAND, NE, 688034300

NTEE Category

Code: Z99Z - Unknown

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