Overview
What is The Neighborhood In Rio Rancho?
The Neighborhood in Rio Rancho is a New Mexico-based nonprofit establishment, founded in 2014, with a mission to operate a continuing care retirement community in Rio Rancho. This organization provides housing and services to the senior residents of the life care retirement community. With a commitment to enhancing the lives of seniors, The Neighborhood consists of 90 independent living apartments, 48 assisted living beds, 24 memory care units, and 48 dual-certified intermediate/skilled nursing beds. The nonprofit aims to offer a personalized lifestyle in a safe, premier living environment, fostering excellent services by a caring staff. It currently employs 275 individuals.
Official website here: www.neighborhoodriorancho.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Neighborhood In Rio Rancho has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its operational practices. The overall score of 66% reflects both strengths and weaknesses in the areas of accountability and finance. While the organization demonstrates good practices in terms of audit, oversight, and conflict of interest policies, its board composition lacks independence and size, which is a significant concern for potential donors.
One notable strength is the organization’s high program expense ratio of 92.45%, suggesting that a substantial amount of its resources goes towards its programs rather than administrative costs. This focus on program expenses is a positive aspect for those interested in the impact of their contributions. However, the liabilities to assets ratio is concerning at 159.00%, indicating potential financial instability, which could affect long-term sustainability.
Additionally, the absence of a posted tax form on the nonprofit's website raises transparency issues. Although the organization has established policies in place for whistleblower protection and document retention, the lack of independent board members and the missing tax documentation are significant limitations that could deter potential support from the community and funders.
This AI summary has been generated from information found on Charity Navigator.
Is The Neighborhood In Rio Rancho legitimate?
The Neighborhood In Rio Rancho is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Neighborhood In Rio Rancho 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: $231,175
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,851,390
For more financial information, click here
Official website here: www.neighborhoodriorancho.com
What is the mission statement of The Neighborhood In Rio Rancho?
The Neighborhood is a New Mexico-based nonprofit organization, established in 2014, dedicated to providing seniors with quality housing, care, and services within a retirement community. Their mission is to enhance the lifestyle of residents by offering a safe, premier living environment that fosters excellent services delivered by a caring staff. The community comprises independent living apartments, assisted living beds, memory care units, and 48 dually certified intermediate/skilled nursing beds. The Neighborhood aims to create an enriched living experience for seniors, ensuring their physical and emotional well-being.
Official website here: www.neighborhoodriorancho.com
Who is the CEO of The Neighborhood In Rio Rancho?
E Deann Eaton is the Ceo/Vice-Chair/Secretary of The Neighborhood In Rio Rancho. The CEO's salary of The Neighborhood In Rio Rancho is $0 and their total compensation is $324,097.
Official website here: www.neighborhoodriorancho.com
What is the revenue of The Neighborhood In Rio Rancho?
The Neighborhood In Rio Rancho's revenue in 2022 was $14,930,529.
Official website here: www.neighborhoodriorancho.com
Who are the executives of The Neighborhood In Rio Rancho and what are their salaries?
The average compensation at The Neighborhood In Rio Rancho during 2022 was $25,755. There are 275 employees and 2 volunteers at The Neighborhood In Rio Rancho.
Here are 5 key members and their salaries (The Neighborhood In Rio Rancho's CEO's salary is $0 and their total compensation is $324,097):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $159,389
- Other: $1,127
- Compensation: $0
- Related: $294,505
- Other: $29,592
- Compensation: $0
- Related: $136,276
- Other: $10,092
- Compensation: $0
- Related: $135,680
- Other: $10,511
Official website here: www.neighborhoodriorancho.com
Where can I find the form 990 for The Neighborhood In Rio Rancho?
The Neighborhood In Rio Rancho's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neighborhoodriorancho.com
Learn more at the official website: www.neighborhoodriorancho.com
Mission Statement of The Neighborhood In Rio Rancho
The Neighborhood in Rio Rancho is a New Mexico-based nonprofit established in 2014, dedicated to providing quality housing, care, and services to the seniors of a continuing care retirement community. The organization's mission is threefold: to enhance the personalized lifestyle of seniors, foster an excellent living environment, and ensure the availability of caring staff to deliver superior services.
The Neighborhood in Rio Rancho goes above and beyond in catering to the needs of its senior residents. It offers a range of living arrangements, including independent living apartments, assisted living beds, memory care units, and dual-certified intermediate/skilled nursing beds. The community's primary focus is on maintaining a safe, premier living environment that prioritizes seniors' well-being and happiness.
The Neighborhood in Rio Rancho's team of caring staff is committed to delivering excellent services that meet the diverse needs of its residents. By offering personalized care and support, the organization ensures that seniors can live their best lives. The community's mission extends beyond just providing housing and care, as it strives to create an environment where seniors thrive and feel valued. This unwavering dedication to seniors' well-being and happiness sets The Neighborhood in Rio Rancho apart as a top-tier retirement community.
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
The Neighborhood In Rio Rancho significantly enhances the quality of life for seniors in the community by providing a comprehensive range of housing, care, and services tailored to their needs. Established in 2014, this facility offers various living options, including independent living apartments, assisted living beds, memory care units, and skilled nursing accommodations.
By creating an environment that prioritizes safety and personalized care, The Neighborhood fosters a vibrant community where residents can engage in an enriched lifestyle. The dedicated staff ensures that each senior receives the support and services necessary to thrive, promoting both physical and emotional well-being. This commitment to care not only improves individual residents' lives but also strengthens the overall fabric of the Rio Rancho community, making it a place where seniors can feel valued and connected.
This information is meant to be a general summary of The Neighborhood In Rio Rancho. 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: $108,105
- Program Service Revenue: $14,751,496
- Gross Receipts: $15,863,382
Assets and Liabilities:
- Total Assets: $43,319,912
- Total Liabilities: $65,319,572
- Net Assets: -$21,999,660
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.
HEALTHCARE SERVICES
Revenue
$7,727,600
RESIDENTIAL SERVICES
Revenue
$4,330,769
AMORTIZATION OF ENTRANCE FEES
Revenue
$2,693,127
Organization Details
Founding Year
2014
Phone
(505) 994-2296Principal Officer
E Deann Eaton
Main Address
900 LOMA COLORADO, RIO RANCHO, NM, 87124
NTEE Category
Code: L22 - Housing
If you are a representative of The Neighborhood In Rio Rancho 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.