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Eastwood Assisted Living Inc

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

EIN: 540738784 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

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Overview

What is Eastwood Assisted Living Inc?

Eastwood Assisted Living Inc is a nonprofit organization committed to offering high-quality residential and clinical services to its residents and the community. They achieve this by providing appropriately licensed housing facilities, engaging in recreational activities, offering assistance with daily living tasks, and delivering rehabilitative services. Their primary goal is to support their residents by ensuring peace of mind, suggesting that they prioritize the overall well-being and comfort of those they serve.


Official website here: www.friendship.us

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Eastwood Assisted Living Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in terms of accountability and finance. The organization scores well in all evaluated areas, particularly in governance, having an entirely independent board, and maintaining effective financial oversight with no reported material diversion of assets.

The nonprofit demonstrates strong fiscal responsibility with a program expense ratio of 81.93%, indicating that a significant portion of its budget is allocated towards its mission-related activities. Additionally, the presence of comprehensive policies, such as conflict of interest and whistleblower protections, showcases a commitment to transparency and ethical governance.

However, the ratings also highlight the high salaries of key personnel, which may raise concerns about executive compensation relative to the nonprofit sector norms. Overall, while Eastwood Assisted Living Inc shows strong financial and operational integrity, potential donors and stakeholders might consider the implications of leadership salaries in their decision-making process.


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

Is Eastwood Assisted Living Inc legitimate?

Eastwood Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastwood Assisted Living 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,235,356

For more financial information, click here


Official website here: www.friendship.us

What is the mission statement of Eastwood Assisted Living Inc?

Eastwood Assisted Living Inc's mission is centered around supporting its residents and the community. They strive to achieve this by offering high-quality residential and clinical services, which include appropriately licensed housing accommodations, recreational activities, assistance in daily living, and rehabilitative services. Their aim is to provide a peaceful environment, ensuring the well-being of their residents. The organization also extends its services beyond the residents, contributing positively to the community at large.


Official website here: www.friendship.us

Who is the CEO of Eastwood Assisted Living Inc?

Joseph M Hoff is the CEO of Eastwood Assisted Living Inc The CEO's salary of Eastwood Assisted Living Inc is $0 and their total compensation is $656,298.


Official website here: www.friendship.us

What is the revenue of Eastwood Assisted Living Inc?

Eastwood Assisted Living Inc's revenue in 2024 was $4,224,699.


Official website here: www.friendship.us

Who are the executives of Eastwood Assisted Living Inc and what are their salaries?

The average compensation at Eastwood Assisted Living Inc during 2024 was $26,932. There are 83 employees and 14 volunteers at Eastwood Assisted Living Inc.

Here are 19 key members and their salaries (Eastwood Assisted Living Inc's CEO's salary is $0 and their total compensation is $656,298):


Glen C Combs (Director)
  • Compensation: $0
  • Related: $47,100
  • Other: $0
Robert C Lawson (Chairman)
  • Compensation: $0
  • Related: $64,000
  • Other: $0
John B Williams Iii (Director)
  • Compensation: $0
  • Related: $20,500
  • Other: $0
Lucian Y Grove Jr (Director)
  • Compensation: $0
  • Related: $47,100
  • Other: $0
Cynda A Johnson (Director)
  • Compensation: $0
  • Related: $47,100
  • Other: $0
Edwin R Feinour (Director)
  • Compensation: $0
  • Related: $40,000
  • Other: $0
Kathryn K Oelschlager (Vice-Chairman)
  • Compensation: $0
  • Related: $52,500
  • Other: $0
Robert H Sandel (Director)
  • Compensation: $0
  • Related: $47,100
  • Other: $0
Nathaniel Bishop (Director)
  • Compensation: $0
  • Related: $40,000
  • Other: $0
Gregory W Feldmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Hoff (President & Ceo)
  • Compensation: $0
  • Related: $635,963
  • Other: $20,335
C Michael Shannon (Cfo)
  • Compensation: $0
  • Related: $461,941
  • Other: $13,846
Cindy Mitchell (Board Secretary)
  • Compensation: $0
  • Related: $73,278
  • Other: $1,335
Benjamin Higgins (Director, Healthcare Opera)
  • Compensation: $0
  • Related: $230,985
  • Other: $10,946
Angela Hughes (Vp Human Resources & Compl)
  • Compensation: $0
  • Related: $213,703
  • Other: $10,643
Mary Rodger (Director Of Accounting)
  • Compensation: $0
  • Related: $181,023
  • Other: $16,253
Stephanie Duncan (Director Of Revenue Cycle)
  • Compensation: $0
  • Related: $148,437
  • Other: $10,965
Todd Lowe (Director Of It)
  • Compensation: $0
  • Related: $146,989
  • Other: $14,966
Ashley Jewell (Director Of Human Resource)
  • Compensation: $0
  • Related: $126,301
  • Other: $8,617


Official website here: www.friendship.us

Where can I find the form 990 for Eastwood Assisted Living Inc?

Eastwood Assisted Living Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.friendship.us

Learn more at the official website: www.friendship.us

Mission Statement of Eastwood Assisted Living Inc

Eastwood Assisted Living Inc, as a mission-driven organization, is committed to providing quality residential and clinical services to its residents and the wider community. Their primary objective is to offer appropriately licensed housing accommodations, recreational activities, assistance in daily living, and rehabilitative services to the individuals they serve. The organization strives to ensure that every resident feels supported and cared for, offering them a sense of peace of mind. In essence, Eastwood Assisted Living Inc aims to enhance the lives of its residents by providing a nurturing environment that caters to their physical, emotional, and social needs.

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Impact




July, 2024

Eastwood Assisted Living Inc makes a significant impact by providing quality residential and clinical services to its residents in Roanoke, VA. By offering appropriately licensed housing accommodations, recreational activities, assistance in daily living, and rehabilitative services, Eastwood Assisted Living Inc supports its residents and the community in maintaining their well-being and peace of mind. This impact is particularly important in the field of health, as the organization plays a key role in promoting the health and independence of its residents.




This information is meant to be a general summary of Eastwood Assisted Living 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.

Revenue
$4,224,699 (2024)
Expenses
$4,620,657 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $4,112,914
  • Gross Receipts: $4,239,501

Assets and Liabilities:

  • Total Assets: $2,462,090
  • Total Liabilities: $3,153,583
  • Net Assets: -$691,493

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Programs

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

ROOM, BOARD, NURSING

Revenue

$4,033,426

MEALS

Revenue

$57,380

BEAUTY SHOP

Revenue

$19,353

LAUNDRY

Revenue

$2,755

Organization Details

Founding Year

1961

Principal Officer

C Michael Shannon

NTEE Category

Code: E91Z - Health

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