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Mill Pond Gables Senior Living Llc

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

EIN: 475425470 ✦ Richfield, MN ✦ Designated as a 501(c)(3)

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Overview

What is Mill Pond Gables Senior Living Llc?

Mill Pond Gables Senior Living LLC is a compassionate organization dedicated to catering to the needs of senior citizens. Located within its premises, elderly individuals aged 55 and above can reside in affordable living spaces. This facility offers a range of amenities such as heated underground parking, communal gardens, laundry facilities, a screened-in porch, and an outdoor patio, all designed to enhance the residents' quality of life. Mill Pond Gables Senior Living LLC strives to create a nurturing environment for its senior residents.


Official website here: www.avinityseniorliving.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating

Mill Pond Gables Senior Living LLC has earned an 81% score from Charity Navigator, indicating a solid level of accountability and finance management. This rating is based entirely on a single beacon score, highlighting the importance of financial transparency and governance within the organization.

The nonprofit exhibits strong governance practices, with 83% of board members being independent and a well-structured board size. Financial statements are fully audited, and there are no reported diversions of assets, showcasing a commitment to ethical financial practices. The organization also implements key policies such as conflict of interest and whistleblower policies, contributing to its overall accountability.

While the organization has demonstrated robust financial management and governance, potential donors and stakeholders may want to consider how these financial scores translate into the effectiveness of their programs and services. The high program expense ratio of 87.47% suggests that the majority of expenses are allocated toward programmatic efforts, which is a positive indicator. However, ongoing evaluation of program impact will be important for future assessments.


This AI summary has been generated from information found on Charity Navigator.

Is Mill Pond Gables Senior Living Llc legitimate?

Mill Pond Gables Senior Living Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mill Pond Gables Senior Living Llc 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: $66,347

For more financial information, click here


Official website here: www.avinityseniorliving.org

What is the mission statement of Mill Pond Gables Senior Living Llc?

Mill Pond Gables Senior Living LLC is committed to providing a nurturing environment for elderly individuals. This organization offers affordable living spaces to individuals aged 55 and above, complete with amenities such as heated underground parking, community gardens, laundry facilities, a screened-in porch, and an outdoor patio. By offering these facilities, Mill Pond Gables Senior Living LLC aims to enhance the quality of life for senior residents, providing them with a comfortable and supportive living environment.


Official website here: www.avinityseniorliving.org

Who is the CEO of Mill Pond Gables Senior Living Llc?

Mark Meyer is the Executive Director & Coo of Mill Pond Gables Senior Living Llc.


Official website here: www.avinityseniorliving.org

What is the revenue of Mill Pond Gables Senior Living Llc?

Mill Pond Gables Senior Living Llc's revenue in 2022 was $723,239.


Official website here: www.avinityseniorliving.org

Who are the executives of Mill Pond Gables Senior Living Llc and what are their salaries?

The average compensation at Mill Pond Gables Senior Living Llc during 2022 was $66,347. There is 1 employee and 5 volunteers at Mill Pond Gables Senior Living Llc.


Here are 9 key members and their salaries:


Denyse Ethridge (Executive Director & Coo)
  • Compensation: $0
  • Related: $174,531
  • Other: $19,088
Chris Schmidt (Vp Finance)
  • Compensation: $0
  • Related: $144,807
  • Other: $11,481
Jennifer Deslauriers-Knop (Vp Operations Thru 1-2021)
  • Compensation: $0
  • Related: $29,246
  • Other: $1,727
Dan Lindh (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Meyer (Treasurer & Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bergeson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamara Tasche (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Wenck Thru 5-2022 (Bd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duane Larson Starting 6-2022 (Bd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.avinityseniorliving.org

Where can I find the form 990 for Mill Pond Gables Senior Living Llc?

Mill Pond Gables Senior Living Llc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.avinityseniorliving.org

Learn more at the official website: www.avinityseniorliving.org

Mission Statement of Mill Pond Gables Senior Living Llc

Mill Pond Gables Senior Living LLC is committed to providing a nurturing environment for seniors aged 55 and above. Its mission is to offer affordable living spaces, equipped with amenities such as heated underground parking, community gardens, laundry facilities, a screened-in porch, and an outdoor patio. This senior living community aims to enhance the quality of life for its residents, fostering a sense of comfort and care.

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Impact




July, 2024

Mill Pond Gables Senior Living LLC's impact lies in providing a caring environment for the elderly in Richfield, MN. They offer affordable living spaces for individuals above 55 years old, along with amenities like heated underground parking, community gardens, laundry facilities, a screened-in porch, and an outdoor patio. Their mission is to create a supportive community for seniors, ensuring their comfort and well-being as they age.




This information is meant to be a general summary of Mill Pond Gables Senior Living Llc. 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
$723,239 (2022)
Expenses
$693,853 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $288
  • Program Service Revenue: $722,951
  • Gross Receipts: $723,239

Assets and Liabilities:

  • Total Assets: $4,155,958
  • Total Liabilities: $4,168,992
  • Net Assets: -$13,034

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Programs

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

MISCELLANEOUS REVENUE

Revenue

$5,376

RENT AND SERVICES

Revenue

$717,575

Organization Details

Founding Year

1997

Principal Officer

Mark Meyer

Main Address

7645 LYNDALE AVENUE SOUTH 110, RICHFIELD, MN, 55423

NTEE Category

Code: L22 - Housing

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