Overview
What is Air Force Retired Officers Community - Washington Dc?
Air Force Retired Officers Community in Washington D.C., also known as Falcons Landing, is a first-class, not-for-profit continuing care retirement community. Based in Potomac Falls, Virginia, this organization caters to the needs of retired military officers, honorably discharged military officers, senior retired federal employees, their spouses, and widowed spouses. The mission of Falcons Landing is to provide housing and essential services for its 411 residents, enhancing their health, security, and overall happiness. The community employs a team of 381 individuals dedicated to supporting and improving the lives of its esteemed members.
Official website here: www.falconslanding.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Air Force Retired Officers Community in Washington D.C. has received a Two-Star rating from Charity Navigator, indicating a moderate level of effectiveness in their operations. While the organization scores well in several areas, including having a fully independent board and strong financial oversight, there are significant areas for improvement, particularly regarding transparency and governance policies.
Strengths include a high program expense ratio of 86.39%, suggesting that a substantial portion of their funds is directed towards their programs rather than administrative costs. The organization also demonstrates strong accountability with no material diversion of assets and a well-structured board. However, the absence of a whistleblower policy and missing documentation related to policy retention and tax forms raises concerns about governance and transparency.
Overall, while the organization's governance structure and financial practices show promise, the noted gaps in policy and documentation may affect stakeholder trust and accountability. Improvements in these areas could enhance their overall standing and effectiveness in serving their community.
This AI summary has been generated from information found on Charity Navigator.
Is Air Force Retired Officers Community - Washington Dc legitimate?
Air Force Retired Officers Community - Washington Dc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Air Force Retired Officers Community - Washington Dc 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: $541,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,287,528
For more financial information, click here
Official website here: www.falconslanding.org
What is the mission statement of Air Force Retired Officers Community - Washington Dc?
The Air Force Retired Officers Community in Washington D.C. is dedicated to operating a not-for-profit continuing care retirement community. Its primary goal is to cater to the needs of retired military officers, senior retired federal employees, their spouses, widowed spouses, and honorably discharged military officers. The mission is to provide these individuals with top-tier facilities and services that support and enhance their overall well-being, including health, security, and happiness. The community accommodates 411 independent living residents and offers them housing, food, and various other services.
Official website here: www.falconslanding.org
Who is the CEO of Air Force Retired Officers Community - Washington Dc?
Gary Handley is the Ceo of Air Force Retired Officers Community - Washington Dc. The CEO's salary of Air Force Retired Officers Community - Washington Dc is $290,971 and their total compensation is $301,646.
Official website here: www.falconslanding.org
What is the revenue of Air Force Retired Officers Community - Washington Dc?
Air Force Retired Officers Community - Washington Dc's revenue in 2022 was $38,747,003.
Official website here: www.falconslanding.org
Who are the executives of Air Force Retired Officers Community - Washington Dc and what are their salaries?
The average compensation at Air Force Retired Officers Community - Washington Dc during 2022 was $41,545. There are 381 employees and 11 volunteers at Air Force Retired Officers Community - Washington Dc.
Here are 18 key members and their salaries (Air Force Retired Officers Community - Washington Dc's CEO's salary is $290,971 and their total compensation is $301,646):
- Compensation: $290,971
- Related: $0
- Other: $10,675
- Compensation: $256,844
- Related: $0
- Other: $8,959
- Compensation: $178,774
- Related: $0
- Other: $6,534
- Compensation: $174,636
- Related: $0
- Other: $4,034
- Compensation: $153,638
- Related: $0
- Other: $6,386
- Compensation: $148,229
- Related: $0
- Other: $4,108
- Compensation: $149,154
- 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
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.falconslanding.org
Where can I find the form 990 for Air Force Retired Officers Community - Washington Dc?
Air Force Retired Officers Community - Washington Dc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.falconslanding.org
Learn more at the official website: www.falconslanding.org
Mission Statement of Air Force Retired Officers Community - Washington Dc
Air Force Retired Officers Community, or AFROC, is a not-for-profit organization dedicated to providing housing and services for retired and honorably discharged military officers and senior retired federal employees, their spouses, and widowed spouses. The mission of AFROC is to operate a first-class continuing care retirement community, with a focus on enhancing the health, security, and overall well-being of its residents.
Nestled within this mission is the commitment to provide facilities and services that cater to the unique needs of its esteemed population. AFROC ensures its residents live in a supportive community where they can thrive and enjoy their golden years. The organization prides itself on offering more than just housing, as it provides essential services that enrich the lives of its 411 independent living residents.
The AFROC community is more than just a place to live; it is a sanctuary where retired military officers and senior federal employees find camaraderie and a sense of belonging. The organization's dedication to its residents goes beyond the basics of housing and food, as it strives to create an environment where they can enjoy a fulfilling and engaging retirement.
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Impact
October, 2024
The Air Force Retired Officers Community - Washington DC has a significant impact on the lives of retired military officers, senior federal employees, and their families. By providing a comprehensive continuing care retirement community, it creates a supportive environment that caters to the unique needs of this demographic. With an emphasis on dignity and respect, the community offers essential services such as housing, food, and healthcare, ensuring that residents enjoy a high quality of life in their later years.
By housing 411 independent living residents, it fosters a sense of camaraderie and belonging among retired personnel, allowing them to connect with peers who share similar experiences and values. The community also enhances the health and well-being of its residents through various programs and facilities designed to promote physical and mental wellness, thereby contributing to their overall happiness and security.
Moreover, the Air Force Retired Officers Community plays a vital role in honoring the service and sacrifice of military personnel and their families. By focusing on their needs and offering a supportive community, it not only enriches their lives but also reinforces the legacy of service, instilling a sense of pride and recognition among residents. Ultimately, the community stands as a testament to the commitment to providing a nurturing and empowering environment for those who have dedicated their lives to serving the nation.
This information is meant to be a general summary of Air Force Retired Officers Community - Washington Dc. 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: $325,893
- Program Service Revenue: $35,520,246
- Gross Receipts: $38,747,003
Assets and Liabilities:
- Total Assets: $133,433,208
- Total Liabilities: $128,424,881
- Net Assets: $5,008,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED ENTRANCE FEES
Revenue
$8,000,739
MONTHLY MAINTENANCE FEES
Revenue
$18,939,602
HEALTHCARE SERVICE FEES
Revenue
$8,305,439
OTHER PRGRAM SERVICE REVENUE
Revenue
$274,466
Organization Details
Founding Year
1984
Phone
(703) 404-5102Principal Officer
Gary Handley
Main Address
20522 FALCONS LANDING CIRCLE, POTOMAC FALLS, VA, 20165
Website
www.falconslanding.orgNTEE Category
Code: P750 - Human services
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