Overview
What is Cedar Lane Senior Living Community Ii Inc?
Cedar Lane Senior Living Community II Inc., established in 1981, is a nonprofit organization situated in Leonardtown, Maryland. Its primary mission is to provide housing and customer services to elderly and disabled adults, aiming to ensure they age with dignity, independence, and a high quality of life. Initially founded under Section 202 of the National Housing Act, the community boasts 51 units, offering a supportive living environment for its residents. With a staff of 42 employees, the organization is committed to catering to the unique needs and well-being of its elderly and disabled population.
Official website here: www.cedar-lane.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Cedar Lane Senior Living Community Ii Inc has received a solid score of 81%, indicating a commendable level of accountability and financial health. The single beacon score reflects a strong emphasis on accountability and finance, which is crucial for maintaining trust and transparency in nonprofit operations.
The organization boasts a fully independent board, with 90% of its members classified as independent, showcasing a commitment to governance and oversight. Additionally, it has a high program expense ratio of 96.93%, indicating that a significant majority of its expenses are directed towards its programs rather than administrative costs.
However, while Cedar Lane demonstrates strengths in governance and financial practices, the overall score suggests that there may be areas for potential improvement or further evaluation. Overall, the organization is positioned positively within its sector, emphasizing accountability to its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Lane Senior Living Community Ii Inc legitimate?
Cedar Lane Senior Living Community Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Lane Senior Living Community Ii 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: $71,832
Professional Fundraising Fees: $0
Other Salaries and Wages: $263,540
For more financial information, click here
Official website here: www.cedar-lane.org
What is the mission statement of Cedar Lane Senior Living Community Ii Inc?
Cedar Lane Senior Living Community II Inc's mission is centered around providing elderly and disabled adults with dignified, independent, and high-quality living experiences. The organization's primary objective is to manage a senior living community where residents can age comfortably and with respect. The community aims to support its residents in maintaining their independence and enhancing their quality of life.
Official website here: www.cedar-lane.org
Who is the CEO of Cedar Lane Senior Living Community Ii Inc?
Eric Golden is the President & Ceo, Director of Cedar Lane Senior Living Community Ii Inc. The CEO's salary of Cedar Lane Senior Living Community Ii Inc is $36,761 and their total compensation is $153,945.
Official website here: www.cedar-lane.org
What is the revenue of Cedar Lane Senior Living Community Ii Inc?
Cedar Lane Senior Living Community Ii Inc's revenue in 2022 was $949,094.
Official website here: www.cedar-lane.org
Who are the executives of Cedar Lane Senior Living Community Ii Inc and what are their salaries?
The average compensation at Cedar Lane Senior Living Community Ii Inc during 2022 was $7,985. There are 42 employees and 18 volunteers at Cedar Lane Senior Living Community Ii Inc.
Here are 15 key members and their salaries (Cedar Lane Senior Living Community Ii Inc's CEO's salary is $36,761 and their total compensation is $153,945):
- Compensation: $36,761
- Related: $103,548
- Other: $13,636
- Compensation: $27,341
- Related: $77,015
- Other: $15,868
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Official website here: www.cedar-lane.org
Where can I find the form 990 for Cedar Lane Senior Living Community Ii Inc?
Cedar Lane Senior Living Community Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cedar-lane.org
Learn more at the official website: www.cedar-lane.org
Mission Statement of Cedar Lane Senior Living Community Ii Inc
Cedar Lane Senior Living Community II Inc, established with a mission to provide housing and customer services, is dedicated to assisting elderly and disabled adults in attaining dignity, independence, and a high quality of life. The organization's primary goal is to help its residents age comfortably within the senior living community, ensuring they maintain their autonomy and well-being. The entity was established in 1981, with a focus on constructing and operating a rental housing project, emphasizing the importance of a supportive living environment for its residents.
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Impact
July, 2024
Cedar Lane Senior Living Community II Inc provides essential housing and customer services to elderly and disabled adults in Leonardtown, Maryland. The organization's impact can be seen in the improved quality of life and increased independence of its residents. By offering a safe and supportive environment, Cedar Lane Senior Living Community II Inc enables residents to age with dignity and receive the care they need. Their presence in the community contributes to the well-being of vulnerable populations and helps address the growing need for affordable housing for seniors and individuals with disabilities.
This information is meant to be a general summary of Cedar Lane Senior Living Community Ii 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: $303
- Program Service Revenue: $179,427
- Gross Receipts: $949,094
Assets and Liabilities:
- Total Assets: $1,804,218
- Total Liabilities: $2,171,191
- Net Assets: -$366,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$179,427
Organization Details
Founding Year
1981
Phone
(301) 475-8966Principal Officer
Eric Golden
Main Address
22680 CEDAR LANE COURT, LEONARDTOWN, MD, 20650
Website
www.cedar-lane.orgNTEE Category
Code: L22 - Housing
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