Overview
What is Aberdeen Ridge Inc?
Aberdeen Ridge Inc is a forthcoming retirement community located in Wichita, Kansas, currently in the pre-construction phase. The organization, with a small team of five employees, is engaged in the pre-sale of future units as of June 30, 2022. Construction is underway, with an anticipated initial occupancy scheduled for the summer of 2023. Aberdeen Ridge is dedicated to providing long-term care services for older individuals at an affordable cost, while prioritizing their physical, social, spiritual, and psychological needs. The community aims to offer accommodations and services tailored to meet the unique requirements of its residents, fostering their health, security, sense of well-being, and overall usefulness. Aberdeen Ridge Inc operates within a Christian-based community, upholding values of respect, dignity, and independence.
Official website here: www.aberdeenridge.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (57%)
Aberdeen Ridge Inc has received a One-Star out of Four Star rating from Charity Navigator, reflecting its overall score of 57%. The organization's strong points include a fully independent board with 100% independent members, a conflict of interest policy, and adherence to document retention and destruction policies. These factors indicate some commitment to accountability and transparency in governance.
However, the organization faces significant challenges, particularly in its financial health. Notably, its liabilities to assets ratio stands at an alarming 104.34%, suggesting financial instability. Furthermore, the program expense ratio is reported at 0.00%, indicating that the charity may not be allocating any resources towards its intended programs, which raises concerns about its operational effectiveness and sustainability.
Overall, while Aberdeen Ridge Inc demonstrates strong governance practices, the critical issues related to its financial management and lack of program expenditures warrant careful consideration by potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Aberdeen Ridge Inc legitimate?
Aberdeen Ridge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aberdeen Ridge 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,412
For more financial information, click here
Official website here: www.aberdeenridge.org
What is the mission statement of Aberdeen Ridge Inc?
Aberdeen Ridge Inc's mission is centered around providing high-quality senior living services, including independent living, assisted living, and memory care, within a Christian-oriented community. This community is founded on the core values of respect, dignity, and independence. Aberdeen Ridge's goal is to offer long-term care services at an affordable cost while catering to the physical, social, spiritual, and psychological needs of its residents. The aim is to contribute to the overall health, security, sense of well-being, and usefulness of older individuals. The organization is currently in the pre-construction phase, with construction set to commence and initial occupancy scheduled for the summer of 2023.
Official website here: www.aberdeenridge.org
Who is the CEO of Aberdeen Ridge Inc?
Bruce H Shogren is the President/Ceo of Aberdeen Ridge Inc. The CEO's salary of Aberdeen Ridge Inc is $0 and their total compensation is $400,302.
Official website here: www.aberdeenridge.org
What is the revenue of Aberdeen Ridge Inc?
Aberdeen Ridge Inc's revenue in 2022 was $47,185.
Official website here: www.aberdeenridge.org
Who are the executives of Aberdeen Ridge Inc and what are their salaries?
The average compensation at Aberdeen Ridge Inc during 2022 was $57,682. There are 5 employees and 7 volunteers at Aberdeen Ridge Inc.
Here are 12 key members and their salaries (Aberdeen Ridge Inc's CEO's salary is $0 and their total compensation is $400,302):
- Compensation: $0
- Related: $365,022
- Other: $35,280
- Compensation: $0
- Related: $231,370
- Other: $18,307
- Compensation: $0
- Related: $223,334
- Other: $17,553
- Compensation: $0
- Related: $129,224
- Other: $14,287
- Compensation: $0
- Related: $126,939
- Other: $15,167
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aberdeenridge.org
Where can I find the form 990 for Aberdeen Ridge Inc?
Aberdeen Ridge Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aberdeenridge.org
Learn more at the official website: www.aberdeenridge.org
Mission Statement of Aberdeen Ridge Inc
Aberdeen Ridge Inc, a retirement community in the pre-construction phase, is dedicated to providing quality senior independent living and assisted living, specifically for those with memory care needs. Established upon the values of respect, dignity, and independence, Aberdeen Ridge Inc aims to create a Christian-based community that caters to the physical, social, spiritual, and psychological needs of older individuals. The organization is committed to offering its services at the most affordable cost, ensuring a sense of well-being and usefulness for its residents. The mission of Aberdeen Ridge Inc is to offer long-term care services that prioritize the health, security, and overall well-being of its senior residents.
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Impact
August, 2024
Aberdeen Ridge Inc's impact is centered around providing quality senior independent living and assisted living/memory care within a Christian-based community. The organization aims to offer accommodations and services tailored to meet the physical, social, spiritual, and psychological needs of older individuals. By focusing on delivering long-term care services at the lowest feasible cost while promoting health, security, well-being, and usefulness for older adults, Aberdeen Ridge Inc plays a vital role in supporting the aging population in Wichita, Kansas.
This information is meant to be a general summary of Aberdeen Ridge 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: $18
- Gross Receipts: $47,185
Assets and Liabilities:
- Total Assets: $140,925,728
- Total Liabilities: $145,586,051
- Net Assets: -$4,660,323
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Organization Details
Founding Year
2015
Phone
(316) 685-1100Principal Officer
Bruce H Shogren
Main Address
2414 N WOODLAWN BLVD, WICHITA, KS, 67220
Website
www.aberdeenridge.orgNTEE Category
Code: L22 - Housing
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