Overview
What is Annapolis Life Care Inc?
Annapolis Life Care Inc, also known as Ginger Cove, is a nonprofit organization in Annapolis, Maryland, that operates a life-care community for senior citizens aged 60 and above. Their mission is to provide an abundant life for residents, and they do so by offering three levels of care: independent living, assisted living, and nursing. For individuals who can maintain an active lifestyle, independent living units are available, complete with housing, healthcare, and recreational activities. These units had an average occupancy rate of 83.9% and 231 were available. The organization's vision and values revolve around resident independence, dignity, security, staff excellence, business integrity, and fiscal prudence.
Official website here: www.gingercove.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Annapolis Life Care Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance, evidenced by an overall score of 81%. This score is heavily focused on the organization's financial practices, indicating a strong emphasis on transparency and responsible management of funds. The charity has achieved a perfect score in several governance areas, such as having a fully independent board and established policies for conflict of interest and whistleblower protections.
The organization demonstrates a commendable program expense ratio of 81.92%, highlighting that the majority of its resources are directed towards its programs rather than administrative costs. This suggests a commitment to effectively serving its community, although the data does not provide specific insights into the impact of its programs or the demographics it serves.
While the financial health of Annapolis Life Care Inc appears robust, with no reported material diversion of assets, the salaries of key personnel may raise questions about compensation relative to the charity's overall budget. This aspect could be a focal point for potential donors looking to understand how funds are allocated within the organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Annapolis Life Care Inc?
Currently, Annapolis Life Care Inc has not received an official rating on Facebook, but there are positive insights shared by users regarding their experience. One review highlights a personal experience indicating that Ginger Cove was an ideal choice for their in-laws, suggesting that the facilities provided a satisfactory living situation.
This single review reflects a favorable sentiment towards the nonprofit, implying that it effectively meets the needs of its residents. While more reviews are needed to paint a broader picture, this feedback bodes well for Annapolis Life Care Inc’s reputation within the community.
This AI summary has been generated from reviews found on Facebook.
Is Annapolis Life Care Inc legitimate?
Annapolis Life Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Annapolis Life Care 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: $694,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,133,290
For more financial information, click here
Official website here: www.gingercove.com
What is the mission statement of Annapolis Life Care Inc?
Annapolis Life Care Inc is dedicated to providing a rich and fulfilling life for seniors aged 60 and above. Their mission goes beyond just owning and operating a continuing care community; it's about ensuring residents experience an abundant life. Valuing resident independence, dignity, security, and excellent staff, this organization upholds business integrity and fiscal prudence. They offer three levels of care: independent living, assisted living, and nursing. In the independent living sector, they offer housing, healthcare, and recreational activities for seniors who can still maintain an active lifestyle. With 231 available independent living units and an average occupancy rate of 83.9%, they cater to many seniors seeking an enriching retirement experience.
Official website here: www.gingercove.com
Who is the CEO of Annapolis Life Care Inc?
D Ray Fisher is the Ceo To Dec 2021 of Annapolis Life Care Inc. The CEO's salary of Annapolis Life Care Inc is $0 and their total compensation is $0.
Official website here: www.gingercove.com
What is the revenue of Annapolis Life Care Inc?
Annapolis Life Care Inc's revenue in 2022 was $25,048,971.
Official website here: www.gingercove.com
Who are the executives of Annapolis Life Care Inc and what are their salaries?
The average compensation at Annapolis Life Care Inc during 2022 was $23,090. There are 339 employees and 75 volunteers at Annapolis Life Care Inc.
Here are 27 key members and their salaries (Annapolis Life Care Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $290,553
- Related: $0
- Other: $27,149
- Compensation: $176,037
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- Other: $19,133
- Compensation: $152,250
- Related: $0
- Other: $14,560
- Compensation: $134,198
- Related: $0
- Other: $22,633
- Compensation: $142,299
- Related: $0
- Other: $5,286
- Compensation: $138,340
- Related: $0
- Other: $7,398
- Compensation: $106,642
- Related: $0
- Other: $21,920
- Compensation: $109,190
- Related: $0
- Other: $12,896
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Official website here: www.gingercove.com
Where can I find the form 990 for Annapolis Life Care Inc?
Annapolis Life Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gingercove.com
Learn more at the official website: www.gingercove.com
Mission Statement of Annapolis Life Care Inc
Annapolis Life Care Inc, a premier life-care community, is dedicated to enhancing the lives of contract holders aged 60 and above. With a commitment to quality, Annapolis Life Care strives to provide its residents with an abundant life. Their guiding principles include resident independence, dignity, security, staff excellence, business integrity, and fiscal prudence.
At Annapolis Life Care, the organization offers three levels of care tailored to the unique needs of its residents. The Independent Living sector caters to senior citizens who can still maintain an active lifestyle. Annapolis Life Care provides housing, healthcare, and recreational activities for these individuals. With 231 independent living units available and an average occupancy rate of 83.9%, the community offers a vibrant and engaging atmosphere for its residents.
Annapolis Life Care's mission extends beyond independent living. They also cater to those needing assistance with daily activities through their Assisted Living program. Lastly, for those requiring more advanced care, Annapolis Life Care offers Nursing services. By providing a range of care options, Annapolis Life Care allows its residents to age gracefully and receive the support they need, all within the same community.
Overall, Annapolis Life Care Inc is a life-care community deeply committed to the wellbeing and happiness of its residents. By emphasizing quality, independence, dignity, and security, Annapolis Life Care aims to create a nurturing and supportive environment for individuals in their golden years.
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Impact
October, 2024
Annapolis Life Care Inc significantly enhances the quality of life for seniors aged 60 and older by offering a comprehensive continuing care community. This facility provides a supportive environment where residents can thrive, primarily through three distinct levels of care: independent living, assisted living, and skilled nursing care.
For those who choose independent living, the community offers 231 units designed to promote an active lifestyle while providing essential support services, including healthcare and recreational activities. With an impressive average occupancy rate of 83.9%, the community fosters a vibrant and engaging atmosphere for its residents.
The organization's commitment to quality is evident in its mission to provide an abundant life for residents while prioritizing their independence, dignity, and security. This focus on maintaining a high standard of living contributes to the overall well-being of seniors, ensuring they have access to the resources needed for both physical and emotional health. Additionally, the organization’s emphasis on staff excellence and fiscal responsibility further reinforces its capacity to deliver effective human services to the Annapolis community.
In summary, Annapolis Life Care Inc plays a crucial role in enhancing senior living by promoting autonomy, community engagement, and comprehensive care, ultimately fostering a dignified and fulfilling lifestyle for its residents.
This information is meant to be a general summary of Annapolis Life Care 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: $1,353,740
- Program Service Revenue: $21,341,994
- Gross Receipts: $34,207,968
Assets and Liabilities:
- Total Assets: $106,144,465
- Total Liabilities: $165,983,837
- Net Assets: -$59,839,372
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE FEES
Revenue
$18,084,588
HEALTH CENTER FEES
Revenue
$2,261,411
ENTRANCE FEES EARNED
Revenue
$995,995
Organization Details
Founding Year
1988
Phone
(410) 266-7300Principal Officer
D Ray Fisher
Main Address
4000 RIVER CRESCENT DRIVE, ANNAPOLIS, MD, 21401
Website
www.gingercove.comNTEE Category
Code: P750 - Human services
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