Overview
What is Lexington Retirement Community Inc?
Lexington Retirement Community Inc is a nonprofit organization based in Lexington, Virginia, with a total of 199 employees. They operate Kendal at Lexington, a life plan community, offering various living arrangements for older adults. The community consists of 150 independent living residences in cottages and apartments, 19 assisted living apartments capable of housing 20 residents, and a 60-bed skilled nursing facility. Kendal at Lexington is grounded in Quaker values and aims to create a vibrant, caring environment for a diverse population of older adults from the Lexington, Buena Vista, and Rockbridge County areas, as well as beyond. The organization provides services for older people living residentially, in assisted living, and skilled nursing.
Official website here: www.kalex.kendal.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.
Lexington Retirement Community Inc has received a rating of 80%, indicating a solid level of accountability and financial health. The score reflects a strong commitment to transparent operations, evidenced by having 100% independent board members and a comprehensive set of policies in place, including conflict of interest and whistleblower protections. The organization demonstrates effective financial oversight, as highlighted by a well-structured audit and oversight committee.
The organization has a program expense ratio of nearly 69%, suggesting that a significant portion of its expenses is directed toward its programs rather than administrative costs. This is a positive indicator of its focus on delivering value to its constituents. However, while the overall score is commendable, it is solely based on the Accountability & Finance beacon, which may limit insights into other operational areas such as impact and effectiveness.
Overall, Lexington Retirement Community Inc shows a robust governance structure and fiscal responsibility. Potential donors and stakeholders may find assurance in the high level of transparency and commitment to ethical practices, although they should remain aware that the rating does not encompass broader performance metrics beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lexington Retirement Community Inc?
84% of 22 reviewers on Facebook recommend Lexington Retirement Community Inc. Here is a summary of their reviews:
Overall, it appears that family members appreciate the compassionate and attentive care provided by the staff at Lexington Retirement Community. One reviewer specifically expressed gratitude for the support their mother received during her stay, highlighting the positive impact of the caregivers.
While the number of reviews is limited, the sentiment conveyed suggests that the nonprofit is succeeding in delivering quality services to its residents and their families. This level of satisfaction indicates a commitment to the well-being of those in their care.
This AI summary has been generated from reviews found on Facebook.
Is Lexington Retirement Community Inc legitimate?
Lexington Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lexington Retirement Community 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: $440,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,664,443
For more financial information, click here
Official website here: www.kalex.kendal.org
What is the mission statement of Lexington Retirement Community Inc?
Lexington Retirement Community Inc is a not-for-profit organization dedicated to providing services for older adults in residential, assisted living, and skilled nursing settings. Grounded in Quaker values, the community offers vibrant and caring living opportunities for a diverse population of older adults from various areas. The mission is to promote healthy and meaningful aging through a range of opportunities within a community that prioritizes care and vitality. The organization currently operates a life plan community, consisting of 150 independent living residences and 19 assisted living apartments with a capacity for 20 residents, as well as a 60-bed skilled nursing facility.
Official website here: www.kalex.kendal.org
Who is the CEO of Lexington Retirement Community Inc?
Pamela Luecke is the Board Chair of Lexington Retirement Community Inc. The CEO's salary of Lexington Retirement Community Inc is $239,012 and their total compensation is $266,414.
Official website here: www.kalex.kendal.org
What is the revenue of Lexington Retirement Community Inc?
Lexington Retirement Community Inc's revenue in 2022 was $20,631,942.
Official website here: www.kalex.kendal.org
Who are the executives of Lexington Retirement Community Inc and what are their salaries?
The average compensation at Lexington Retirement Community Inc during 2022 was $30,678. There are 199 employees and 12 volunteers at Lexington Retirement Community Inc.
Here are 22 key members and their salaries (Lexington Retirement Community Inc's CEO's salary is $239,012 and their total compensation is $266,414):
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- Compensation: $239,012
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- Compensation: $116,617
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- Other: $31,025
Official website here: www.kalex.kendal.org
Where can I find the form 990 for Lexington Retirement Community Inc?
Lexington Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kalex.kendal.org
Learn more at the official website: www.kalex.kendal.org
Mission Statement of Lexington Retirement Community Inc
The Lexington Retirement Community Inc is a not-for-profit organization dedicated to providing services for older people in residential, assisted living, and skilled nursing settings. Grounded in Quaker values, this community aims to offer opportunities for a vibrant, caring environment that promotes healthy and meaningful aging for a diverse population of older adults from various areas, beyond Lexington, Buena Vista, and Rockbridge County.
At the heart of the Lexington Retirement Community Inc lies a life plan community, which currently accommodates 150 independent living residences in cottages and apartments. This community caters to the needs of older adults, enabling them to live in a nurturing and engaging atmosphere. Moreover, the organization manages 19 assisted living apartments with a capacity to house 20 residents and a 60-bed skilled nursing facility. These additional services ensure that residents receive the appropriate level of care as their needs change over time.
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Impact
October, 2024
Lexington Retirement Community Inc significantly enhances the quality of life for older adults in the Lexington, VA area and beyond by providing a spectrum of residential living options. With 150 independent living cottages and apartments, 19 assisted living apartments, and a 60-bed skilled nursing facility, it serves a diverse population of seniors, ensuring they have access to the care and support they need at different stages of their lives.
The community is designed to foster a vibrant and engaging environment that promotes healthful and meaningful aging. By focusing on a holistic approach to well-being, Lexington Retirement Community Inc not only addresses medical needs but also encourages social interactions and opportunities for personal growth. This commitment to building a caring community grounded in Quaker values allows residents to thrive, leading to improved mental and emotional health.
Moreover, the presence of such a comprehensive retirement community has a positive ripple effect on the broader local community, contributing to economic stability and social cohesion. It fosters intergenerational connections and offers resources that can enhance the overall quality of life in the region. Through programming and activities that encourage active participation, the community inspires older adults to engage with one another and the surrounding neighborhood, thus enriching the social fabric of Lexington and its environs.
This information is meant to be a general summary of Lexington Retirement Community 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: $1,148,399
- Program Service Revenue: $18,644,144
- Gross Receipts: $20,928,315
Assets and Liabilities:
- Total Assets: $107,075,369
- Total Liabilities: $93,271,313
- Net Assets: $13,804,056
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICES REVENUE
Revenue
$9,064,501
HEALTH CENTER FEES
Revenue
$5,500,621
AMORTIZATION OF DEFERRED ENTRY FE
Revenue
$4,079,022
Organization Details
Founding Year
1995
Phone
(540) 463-1910Principal Officer
Pamela Luecke
Main Address
160 KENDAL DRIVE, LEXINGTON, VA, 24450
Website
www.kalex.kendal.orgNTEE Category
Code: P750 - Human services
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