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Columbia Vantage House Corporation

Residences At Vantage Point

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

EIN: 521533715 ✦ Columbia, MD ✦ Designated as a 501(c)(3)

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Overview

What is Columbia Vantage House Corporation?

Columbia Vantage House Corporation is a nonprofit organization located at 5400 Vantage Point Road, Columbia, MD, 21044. They operate a senior living continuing care retirement community, with a total of 230 employees. The organization offers independent living and affiliated support services, which include dining, social, cultural, and wellness programs, enabling residents to live fulfilling lives. They provide a total of 81,065 independent living days per year. The mission of Columbia Vantage House Corporation is to enhance the well-being of their residents, offering a range of services to promote intellectual, social, and emotional growth within fiscally responsible parameters.


Official website here: www.vantagepointresidences.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Columbia Vantage House Corporation has received an 81% score from Charity Navigator, which indicates a solid performance in terms of accountability and finance, earning it a Three-Star out of Four Star rating. The overall evaluation is based entirely on the organization’s accountability and finance metrics, suggesting a strong emphasis on these aspects in their operations.

The nonprofit boasts excellent governance, with a fully independent board composed of 16 members and strong scores for various policies, including conflict of interest and whistleblower policies. Additionally, the organization demonstrates a high program expense ratio of 89.94%, showcasing a commitment to utilizing funds effectively for their mission.

However, a notable limitation is the high liabilities to assets ratio at 199.48%, which raises concerns about financial stability. While the organization excels in governance and accountability, addressing its financial liabilities may be essential for sustaining its operations and future growth.


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

Is Columbia Vantage House Corporation legitimate?

Columbia Vantage House Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia Vantage House Corporation 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: $123,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,231,218

For more financial information, click here


Official website here: www.vantagepointresidences.org

What is the mission statement of Columbia Vantage House Corporation?

The Columbia Vantage House Corporation is dedicated to enhancing the lives of its senior residents. By offering a range of services, it aims to provide a lifetime of care within fiscally responsible parameters. The community goes beyond independent living by incorporating supportive services such as dining, social, cultural, and wellness programs. These opportunities not only promote personal growth but also foster intellectual and social enrichment for the residents. In the year ended June 30, 2022, a total of 81,065 days were spent in independent living at the corporation.


Official website here: www.vantagepointresidences.org

Who is the CEO of Columbia Vantage House Corporation?

Pierce Carey is the Lifestyle Advisor of Columbia Vantage House Corporation.


Official website here: www.vantagepointresidences.org

What is the revenue of Columbia Vantage House Corporation?

Columbia Vantage House Corporation's revenue in 2022 was $16,174,049.


Official website here: www.vantagepointresidences.org

Who are the executives of Columbia Vantage House Corporation and what are their salaries?

The average compensation at Columbia Vantage House Corporation during 2022 was $27,628. There are 230 employees and 82 volunteers at Columbia Vantage House Corporation.


Here are 22 key members and their salaries:


Kathryn Travers (Lifestyle Advisor)
  • Compensation: $136,020
  • Related: $0
  • Other: $1,223
Patti Swakopf (Director Of Marketing)
  • Compensation: $118,454
  • Related: $0
  • Other: $9,609
Kristie Miller (Director Of Finance)
  • Compensation: $109,199
  • Related: $0
  • Other: $7,647
Fatmatu Barrie (Director Of Health Service)
  • Compensation: $104,498
  • Related: $0
  • Other: $1,490
Virginia M Thomas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce P Martin (Vice Pres Aug 2021,Sec'Y To Dec 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan M Castellan (Sec'Y Jan 2022,Asst Sec'Y To Dec '21)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Mark Bobotek (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Baron (Director As Of Jan 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara C Bednarzik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Bell (Director As Of Jan 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Bruette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irma A Chapin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lin C Eagan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Burton Hathaway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Imre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Imre (Director As Of Jan 2022)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol A Romano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Rosenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail T Young (Vice President To Jul 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael S Glasgow (Director To Dec 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Pinato (Director To Dec 2021)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vantagepointresidences.org

Where can I find the form 990 for Columbia Vantage House Corporation?

Columbia Vantage House Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.vantagepointresidences.org

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

Mission Statement of Columbia Vantage House Corporation

Columbia Vantage House Corporation, a non-denominal senior living continuing care retirement community, is dedicated to enhancing the lives of its residents. Through a lifetime of services, this organization strives to provide rich wellness, intellectual, and social growth opportunities within fiscally responsible parameters.

The mission of Columbia Vantage House Corporation goes beyond just providing a place for seniors to live. It focuses on offering an array of supportive services, including dining, social, cultural, and wellness programs. These offerings allow residents to live independently while still having access to essential amenities and activities. In the year ending June 30, 2022, the organization provided a total of 81,065 independent living days for its residents.

Columbia Vantage House Corporation's commitment to its residents extends far beyond the basics. It is a community that prioritizes the wellbeing and happiness of its senior population. By offering a diverse range of programs and services, the organization encourages its residents to engage in activities that promote intellectual, emotional, and physical growth. These opportunities help keep seniors active and engaged, contributing to an overall sense of fulfillment and joy in their later years.

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Impact




October, 2024

Columbia Vantage House Corporation significantly enhances the quality of life for seniors in Columbia, MD, by operating a vibrant continuing care retirement community. The organization provides a comprehensive range of independent living options and affiliated support services, fostering a stimulating environment that promotes wellness, intellectual growth, and social engagement.

With a focus on supportive services that include dining, social activities, cultural experiences, and wellness programs, Columbia Vantage House Corporation ensures that residents have ample opportunities to thrive. For the fiscal year ending June 30, 2022, the community recorded a remarkable total of 81,065 independent living days, highlighting the active participation and engagement of its residents.

The mission of the organization centers on enriching the lives of its residents through a lifetime of services that meet their evolving needs, all while maintaining fiscal responsibility. This commitment to the well-being of seniors not only fosters individual growth but also cultivates a strong sense of community among residents.




This information is meant to be a general summary of Columbia Vantage House Corporation. 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
$16,174,049 (2022)
Expenses
$18,624,340 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$681,198
  • Program Service Revenue: $16,744,008
  • Gross Receipts: $20,843,806

Assets and Liabilities:

  • Total Assets: $55,125,134
  • Total Liabilities: $108,811,611
  • Net Assets: -$53,686,477

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Programs

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

INDEPENDENT LIVING

Revenue

$10,761,119

HEALTH CARE SERVICES

Revenue

$4,489,123

ENTRANCE FEES

Revenue

$1,493,766

Organization Details

Founding Year

1987

Principal Officer

Pierce Carey

Main Address

5400 VANTAGE POINT ROAD, COLUMBIA, MD, 21044

NTEE Category

Code: P750 - Human services

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