Overview
What is Roland Park Place Inc?
Roland Park Place Inc, located in Baltimore, Maryland, is a retirement community that offers independent living, assisted living, and skilled nursing services. The organization, with a workforce of 328 employees, is dedicated to enhancing the personal well-being of its residents by providing a range of living options and on-site amenities. Independent living apartments cater to individuals who prefer a self-sufficient lifestyle, offering access to a state-of-the-art fitness center, pool, and medical clinic. The community, which has 278 independent living units and an estimated annual census of 73,600, had 169 occupied apartments and 219 residents as of June 30, 2022. In response to the growing demand, Roland Park Place expanded in 2021, adding 58 new apartments and amenities, including an art studio and a community club room with panoramic views of Baltimore's skyline.
Official website here: www.rolandparkplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Roland Park Place Inc has received an 81% overall score, indicating a solid performance in accountability and finance. The rating is based solely on its Accountability & Finance metrics, where it has excelled in several key areas. The organization boasts a fully independent board, effective financial oversight, and a strong policy framework, which includes comprehensive conflict of interest and whistleblower policies.
The organization demonstrates a commendable program expense ratio of 82.46%, reflecting its commitment to directing resources toward its mission. Additionally, it has consistently maintained transparency in its financial reporting and governance practices, further enhancing its credibility with stakeholders. The presence of an audit and oversight committee ensures stringent financial accountability.
Despite its strengths, the evaluation does highlight the salaries of key personnel, which may prompt questions regarding compensation relative to the organization's overall budget and impact. Overall, Roland Park Place Inc shows a robust financial health, making it a reliable option for those interested in supporting its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Roland Park Place Inc legitimate?
Roland Park Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roland Park Place 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: $506,857
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,328,915
For more financial information, click here
Official website here: www.rolandparkplace.org
What is the mission statement of Roland Park Place Inc?
Roland Park Place Inc is dedicated to enhancing the retirement experience of its residents. Their missions revolve around pleasure, personal well-being, and interest enhancement. The community offers services ranging from independent living to skilled nursing. Residents who value an independent lifestyle can benefit from the state-of-the-art fitness center, pool, and on-site medical clinic. Assistance is provided to those with additional needs while maintaining their independence. The community has 220 independent living units, with an estimated annual census of 73,600 days, and recently expanded with 58 new apartments in a new eight-story tower. This expansion includes an art studio and a community club room, providing residents with various amenities and stunning views.
Official website here: www.rolandparkplace.org
Who is the CEO of Roland Park Place Inc?
Sam Guedouar is the President of Roland Park Place Inc.
Official website here: www.rolandparkplace.org
What is the revenue of Roland Park Place Inc?
Roland Park Place Inc's revenue in 2022 was $27,515,063.
Official website here: www.rolandparkplace.org
Who are the executives of Roland Park Place Inc and what are their salaries?
The average compensation at Roland Park Place Inc during 2022 was $26,938. There are 328 employees and 26 volunteers at Roland Park Place Inc.
Here are 26 key members and their salaries:
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- Other: $11,630
- Compensation: $109,358
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- Other: $11,542
Official website here: www.rolandparkplace.org
Where can I find the form 990 for Roland Park Place Inc?
Roland Park Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rolandparkplace.org
Learn more at the official website: www.rolandparkplace.org
Mission Statement of Roland Park Place Inc
Roland Park Place Inc, a continuing care retirement community, is dedicated to enhancing the interests and ensuring the well-being of its residents. The organization's mission is threefold: pleasure in retirement, focus on personal well-being, and pledge to enhance one's interests.
Residents at Roland Park Place enjoy their retirement years to the fullest, leading independent lives with access to numerous on-site wellness options. The state-of-the-art fitness center and pool cater to residents looking to maintain their health and vitality. Individual and group instruction is provided, ensuring that every resident can make the most of these facilities. Moreover, an on-site medical clinic, staffed with nurses, nurse practitioners, and physicians, offers assistance for those requiring additional medical services. Roland Park Place houses 220 independent living units and had an estimated census of 73,600 days in 2020. In spring 2020, the community embarked on a construction project to expand its independent living offerings. By the summer of 2021, Roland Park Place welcomed 58 new apartment units, including an art studio and a community club room with expansive views of the Baltimore skyline.
Roland Park Place puts its residents' pleasure and well-being at the heart of its mission. Residents are encouraged to live their best lives, with access to a range of amenities designed to support their physical, mental, and emotional wellbeing. By focusing on the individual needs of its residents, Roland Park Place ensures that every resident can live a fulfilling and enjoyable retirement.
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Impact
October, 2024
Roland Park Place Inc. plays a significant role in enhancing the quality of life for its residents in Baltimore, Maryland, by offering a comprehensive range of living options tailored to the needs of seniors. This retirement community provides independent living, assisted living, and skilled nursing services, enabling residents to maintain their independence while having access to support when needed.
The facility features 220 independent living units, fostering a vibrant community where residents can engage in a fully functioning lifestyle. On-site amenities such as a state-of-the-art fitness center, pool, and medical clinic staffed by nursing professionals contribute to residents' overall well-being and health. The addition of new apartments and community spaces, including an art studio and a club room with panoramic views, further enriches the living experience, promoting social interaction and personal interests.
Roland Park Place's commitment to personal well-being and engagement enhances the lives of seniors, allowing them to thrive in a supportive environment. With a focus on wellness and community, it actively combats the isolation often faced by older adults, promoting a fulfilling retirement experience. Overall, Roland Park Place Inc. serves as a vital resource for the older community in Baltimore, ensuring residents can live comfortably and securely as they navigate their retirement years.
This information is meant to be a general summary of Roland Park Place 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: $4,340,693
- Program Service Revenue: $20,760,072
- Gross Receipts: $30,272,147
Assets and Liabilities:
- Total Assets: $142,420,083
- Total Liabilities: $151,304,324
- Net Assets: -$8,884,241
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY SERVICE FEES
Revenue
$12,833,481
EARNED ENTRANCE FEES
Revenue
$4,579,047
HEALTH CARE CENTER FEES
Revenue
$3,347,544
Organization Details
Founding Year
1980
Phone
(410) 243-5700Principal Officer
Sam Guedouar
Main Address
830 WEST 40TH STREET, BALTIMORE, MD, 212112134
Website
www.rolandparkplace.orgNTEE Category
Code: P750 - Human services
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