Overview
What is Richfield Living?
Richfield Living is a nonprofit organization located at 3730 Richfield Lane, Salem, Virginia, 24153. With a workforce of 600 employees, they are dedicated to helping individuals live their lives to the fullest, offering high-quality healthcare and living services. These services include skilled nursing care, rehabilitative nursing care, assisted living housing and services, and independent living communities. Their mission is to support individuals throughout various stages of their journey, ensuring they receive the care they need to thrive.
Official website here: www.richfieldliving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
Richfield Living has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial management. The rating is based solely on the Accountability & Finance category, which scored 66%. This score reflects some strengths, such as full independence of board members and a good program expense ratio, suggesting that a substantial portion of their funds is allocated to programs rather than administrative costs.
Despite these strengths, there are notable weaknesses that affect the overall score. The most significant issue is the absence of financial statements which has considerably impacted the evaluation. Additionally, while the organization has a high liability-to-assets ratio, indicating potential financial concerns, the lack of transparency in financial reporting may raise questions among supporters and potential donors.
Overall, while Richfield Living demonstrates a commitment to governance and proper program funding, a lack of financial documentation and transparency is a significant limitation. Prospective donors might consider these factors carefully before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Richfield Living legitimate?
Richfield Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richfield Living 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: $809,128
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,589,240
For more financial information, click here
Official website here: www.richfieldliving.com
What is the mission statement of Richfield Living?
Richfield Living is dedicated to assisting individuals in enjoying a fulfilling life experience throughout various stages of their journey. They accomplish this mission by delivering high-quality skilled nursing care, rehabilitative nursing care, assisted living housing and services, and independent living communities. These offerings enable individuals to receive the necessary care and support, allowing them to live life to the fullest despite their circumstances. By focusing on the well-being and needs of each individual, Richfield Living creates an environment that empowers and enhances their overall quality of life.
Official website here: www.richfieldliving.com
Who is the CEO of Richfield Living?
Mary Clements is the Board Chair of Richfield Living. The CEO's salary of Richfield Living is $293,986 and their total compensation is $313,018.
Official website here: www.richfieldliving.com
What is the revenue of Richfield Living?
Richfield Living's revenue in 2022 was $35,334,990.
Official website here: www.richfieldliving.com
Who are the executives of Richfield Living and what are their salaries?
The average compensation at Richfield Living during 2022 was $30,664. There are 600 employees at Richfield Living.
Here are 22 key members and their salaries (Richfield Living's CEO's salary is $293,986 and their total compensation is $313,018):
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- Compensation: $293,986
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- Other: $19,032
- Compensation: $110,721
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- Compensation: $158,209
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- Compensation: $128,281
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- Other: $27,355
- Compensation: $114,914
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- Other: $8,204
- Compensation: $120,060
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- Other: $18,169
Official website here: www.richfieldliving.com
Where can I find the form 990 for Richfield Living?
Richfield Living's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.richfieldliving.com
Learn more at the official website: www.richfieldliving.com
Mission Statement of Richfield Living
Richfield Living is a dedicated organization that strives to help individuals live their lives to the fullest, no matter what phase of their journey they find themselves in. This mission is achieved through the provision of comprehensive care and services, including high-quality skilled nursing care, rehabilitative nursing care, assisted living housing, and independent living communities.
Richfield Living's commitment to enriching the lives of its clients is evident in the range of services it offers. The organization's skilled nursing care ensures that those with complex medical needs receive the best possible care, allowing them to maintain their quality of life. The rehabilitative nursing care provided by Richfield Living focuses on helping individuals regain their independence after an illness or injury.
Assisted living housing and services are an essential part of Richfield Living's offerings, providing a supportive community for those who need some help with daily tasks but are not yet ready for full-time nursing care. Independent living communities are designed for older adults who wish to maintain their independence while enjoying the benefits of a community setting.
In summary, Richfield Living is an organization that truly puts the needs of its clients first. By providing a full range of care and services, the organization enables individuals to experience life to the fullest, no matter what stage of life they are in. Richfield Living's unwavering commitment to quality care has made it a trusted resource for those seeking to maintain their independence and improve their overall well-being.
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Impact
October, 2024
Richfield Living significantly impacts the community by enhancing the quality of life for individuals at every stage of their journey. By offering high-quality skilled nursing care, rehabilitative nursing services, assisted living options, and independent living communities, Richfield Living ensures that individuals receive the support they need to thrive. Their comprehensive approach fosters a sense of belonging and purpose, allowing residents to engage fully with life while receiving tailored care that meets their specific needs. This commitment to helping individuals experience life to the fullest not only improves personal well-being but also strengthens community ties in Salem, VA.
This information is meant to be a general summary of Richfield Living. 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: $2,601,608
- Program Service Revenue: $30,900,926
- Gross Receipts: $35,334,990
Assets and Liabilities:
- Total Assets: $125,330,778
- Total Liabilities: $134,096,303
- Net Assets: -$8,765,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE
Revenue
$30,814,946
MANAGEMENT FEES
Revenue
$85,980
Organization Details
Founding Year
1937
Phone
(540) 380-4500Principal Officer
Mary Clements
Main Address
3730 RICHFIELD LANE, SALEM, VA, 24153
Website
www.richfieldliving.comNTEE Category
Code: E91Z - Health
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