Overview
What is Oak Crest Village Inc?
Oak Crest Village Inc is a nonprofit organization located at 8800 Walther Boulevard, Parkville, Maryland, 21234. This community provides a home for seniors, accommodating 1,458 independent living units, 125 assisted living units, 120 skilled nursing beds, and 40 memory care beds. Their extensive offerings include housing, food, medical support, security, maintenance services, recreational and pastoral activities. The mission of Oak Crest Village Inc is to create a sense of belonging, peace of mind, love, and acceptance for seniors. With a strong financial foundation and commitment to innovation, advocacy, and inclusion, Oak Crest Village celebrates aging and offers unparalleled value to every life they touch. They employ a total of 1,585 individuals to provide these essential services.
Official website here: www.nationalseniorcampuses.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Oak Crest Village Inc has achieved an 81% score from Charity Navigator, primarily reflecting its commitment to accountability and finance. The organization has demonstrated strong governance with a majority of independent board members and robust financial oversight practices. Despite the solid score, the rating indicates that the overall performance is based solely on financial factors, which may not encompass other operational aspects of the nonprofit.
User feedback about Oak Crest Village is mixed. Many residents appreciate the quality of living, spacious apartments, and attentive staff, with several reviews highlighting the community's cleanliness and welcoming atmosphere. Positive comments also note the variety and quality of food provided, as well as the vibrant social environment that fosters connections among residents.
Conversely, there are notable criticisms regarding the dining services, with reports of long wait times and food quality issues. Some users have raised ethical concerns about the fundraising practices, suggesting that residents are pressured to contribute financially despite the organization’s significant income. These mixed reviews indicate that while Oak Crest Village has strengths in community living, there are operational areas that need improvement, especially in dining services and transparency in fundraising practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Oak Crest Village Inc legitimate?
Oak Crest Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Crest Village 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: $455,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,571,861
For more financial information, click here
Official website here: www.nationalseniorcampuses.org
What is the mission statement of Oak Crest Village Inc?
Oak Crest Village Inc's mission statement revolves around providing a home that fulfills the primary needs of seniors. The organization believes that a home is about belonging, peace of mind, love, and acceptance (mission description). In addition to this, they celebrate aging and aim to create unparalleled value and opportunities for every life they touch. They are grounded in inclusion, innovation, and advocacy, leveraging their strong financial foundation and governance for the benefit of seniors and those who support them as part of the National Senior Communities Enterprise.
Official website here: www.nationalseniorcampuses.org
Who is the CEO of Oak Crest Village Inc?
Stephanie Reel is the Principal Officer of Oak Crest Village Inc.
Official website here: www.nationalseniorcampuses.org
What is the revenue of Oak Crest Village Inc?
Oak Crest Village Inc's revenue in 2022 was $93,395,902.
Official website here: www.nationalseniorcampuses.org
Who are the executives of Oak Crest Village Inc and what are their salaries?
The average compensation at Oak Crest Village Inc during 2022 was $24,623. There are 1585 employees and 334 volunteers at Oak Crest Village Inc.
Here are 27 key members and their salaries:
- Compensation: $0
- Related: $37,500
- Other: $0
- Compensation: $0
- Related: $38,125
- Other: $0
- Compensation: $0
- Related: $87,500
- Other: $0
- Compensation: $0
- Related: $110,000
- Other: $0
- Compensation: $0
- Related: $150,000
- Other: $0
- Compensation: $0
- Related: $161,875
- Other: $0
- Compensation: $0
- Related: $187,500
- Other: $0
- Compensation: $0
- Related: $134,315
- Other: $0
- Compensation: $0
- Related: $100,000
- Other: $0
- Compensation: $0
- Related: $90,000
- Other: $0
- Compensation: $0
- Related: $76,833
- Other: $0
- Compensation: $0
- Related: $76,833
- Other: $0
- Compensation: $0
- Related: $76,833
- 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
- Related: $0
- Other: $0
- Compensation: $229,077
- Related: $0
- Other: $18,207
- Compensation: $78,738
- Related: $0
- Other: $10,068
- Compensation: $110,046
- Related: $0
- Other: $8,975
- Compensation: $176,279
- Related: $0
- Other: $15,760
- Compensation: $163,535
- Related: $0
- Other: $3,165
- Compensation: $159,998
- Related: $0
- Other: $12,308
- Compensation: $146,882
- Related: $0
- Other: $10,967
- Compensation: $146,557
- Related: $0
- Other: $15,739
- Compensation: $0
- Related: $135,625
- Other: $0
Official website here: www.nationalseniorcampuses.org
Where can I find the form 990 for Oak Crest Village Inc?
Oak Crest Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalseniorcampuses.org
Learn more at the official website: www.nationalseniorcampuses.org
Mission Statement of Oak Crest Village Inc
Oak Crest Village Inc is a mission-driven organization dedicated to providing a home that caters to the primary needs of seniors. This nonprofit believes that a home is more than just a physical structure; it is a place where one feels a sense of belonging, peace of mind, love, and acceptance.
The mission statement at Oak Crest Village Inc champions the idea of celebrating aging. With a strong foundation in inclusion, innovation, and advocacy, this organization creates unparalleled value and opportunities for every life it touches. As part of the National Senior Communities Enterprise, Oak Crest Village Inc leverages its financial strengths and robust governance to benefit seniors and those who support them.
In essence, Oak Crest Village Inc goes beyond merely providing shelter for seniors. Instead, it strives to create an environment that fosters a sense of belonging and promotes peace of mind. By focusing on inclusion, innovation, and advocacy, the organization offers a unique and enriching experience for its residents. Its commitment to the elderly community is grounded in its mission to celebrate aging and enhance the lives of those it serves.
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Impact
October, 2024
Oak Crest Village Inc significantly enriches the lives of seniors by providing a supportive living environment that meets their essential needs. With a diverse range of housing options, including 1,458 independent living units, 125 assisted living units, 120 skilled nursing beds, and 40 memory care beds, it offers tailored services to accommodate various levels of care.
Residents enjoy comprehensive support that includes housing, food, medical care, security, and maintenance services, ensuring that they can live comfortably and safely. Beyond basic care, Oak Crest Village fosters a vibrant community by offering recreational and pastoral activities, creating opportunities for social engagement and personal growth.
The mission of Oak Crest Village centers around creating a sense of belonging, peace of mind, love, and acceptance. By emphasizing inclusion, innovation, and advocacy, it celebrates aging and strives to provide unparalleled value and opportunities for all residents. The organization operates within a strong financial foundation, allowing it to prioritize the well-being of seniors and their families, reinforcing the community's commitment to quality care and a fulfilling lifestyle.
This information is meant to be a general summary of Oak Crest Village 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: $174,158
- Program Service Revenue: $90,532,881
- Gross Receipts: $93,485,028
Assets and Liabilities:
- Total Assets: $443,607,823
- Total Liabilities: $496,617,643
- Net Assets: -$53,009,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$81,523,931
ANCILLARY FEES
Revenue
$8,396,422
RESIDENT DEPOSITS
Revenue
$611,928
PROCESSING FEES
Revenue
$600
Organization Details
Founding Year
1994
Phone
(410) 665-1000Principal Officer
Stephanie Reel
Main Address
8800 WALTHER BOULEVARD, PARKVILLE, MD, 21234
NTEE Category
Code: P750 - Human services
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