Overview
What is The Glebe Inc?
The Glebe Inc, located at 3961 Stillman Parkway in Glen Allen, Virginia, is a nonprofit organization dedicated to enhancing the living experience for senior adults residing in their planned services community. With a focus on providing "dignity in living," The Glebe Inc helps those who cannot cover the full cost of their care. In 2022, they granted $130,463 in subsidies and allowances to five residents, ensuring they could afford essential services. The organization's mission is to support senior adults in their community, creating an environment where they can thrive.
Official website here: www.vbh.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
The Glebe Inc has received an overall score of 81%, primarily based on its accountability and finance practices. The organization has demonstrated strong governance by having a fully independent board, with 100% of board members meeting this criterion. It also maintains a high level of transparency and oversight, as evidenced by its commitment to proper financial reporting and various policies related to governance.
One of the key strengths of The Glebe Inc is its impressive program expense ratio of 91.65%, indicating that a significant portion of its resources is directed towards its programs rather than administrative costs. Additionally, the organization has established robust policies for conflict of interest, whistleblowers, and document retention, which further reflects its commitment to ethical practices.
However, the organization faces a challenge with its liabilities to assets ratio, which stands at 109.32%, signaling potential financial stress. This aspect may warrant closer scrutiny as it indicates that liabilities exceed assets, which could impact the organization's financial stability in the long term. Overall, while The Glebe Inc exhibits strong accountability and transparency, attention to its financial ratios is advisable.
This AI summary has been generated from information found on Charity Navigator.
Is The Glebe Inc legitimate?
The Glebe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Glebe 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: $8,128,716
For more financial information, click here
Official website here: www.vbh.org
What is the mission statement of The Glebe Inc?
The Glebe Inc is dedicated to enhancing the living experience for senior adults residing in their planned services community. Some of these residents face financial challenges and cannot afford the full cost of their care. To address this issue, The Glebe Inc provides essential services, offering dignity and support to those in need. In 2022, they distributed $130,463 in subsidies and allowances to assist five residents with their care expenses. This commitment to providing affordable care ensures these seniors can live with dignity, regardless of their financial situation.
Official website here: www.vbh.org
Who is the CEO of The Glebe Inc?
Jonathan Cook is the President & Ceo of The Glebe Inc. The CEO's salary of The Glebe Inc is $0 and their total compensation is $596,257.
Official website here: www.vbh.org
What is the revenue of The Glebe Inc?
The Glebe Inc's revenue in 2022 was $18,720,832.
Official website here: www.vbh.org
Who are the executives of The Glebe Inc and what are their salaries?
There 60 volunteers at The Glebe Inc.
Here are 25 key members and their salaries (The Glebe Inc's CEO's salary is $0 and their total compensation is $596,257):
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- Related: $573,963
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- Other: $19,914
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- Related: $271,024
- Other: $21,188
- Compensation: $185,941
- Related: $0
- Other: $18,536
Official website here: www.vbh.org
Where can I find the form 990 for The Glebe Inc?
The Glebe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vbh.org
Learn more at the official website: www.vbh.org
Mission Statement of The Glebe Inc
The Glebe Inc, a dedicated organization, strives to ensure "dignity in living" for senior adults residing in its planned services community. Some of these residents face the challenge of not being able to afford the full cost of their care. To bridge this gap, The Glebe Inc extends a helping hand by providing both residential and healthcare services to these individuals.
In 2022, The Glebe Inc offered substantial assistance in the form of subsidies and indigence allowances, totaling $130,463, to five deserving residents. This significant financial contribution enabled these seniors to access the care they needed, maintaining their quality of life and ensuring their basic needs were met. The organization's unwavering commitment to providing essential services and support to its residents, regardless of their financial circumstances, is a testament to its compassionate mission.
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Impact
October, 2024
The Glebe Inc significantly enhances the quality of life for senior adults in Glen Allen, VA, by creating an environment that promotes dignity and well-being. By offering both residential and health care services, it addresses the diverse needs of its residents, particularly those facing financial challenges. In 2022 alone, The Glebe Inc provided over $130,000 in subsidies and allowances to support five residents, ensuring that essential care is accessible even to those who cannot afford the full costs. This commitment not only fosters a supportive community but also empowers seniors to live with dignity, enriching their lives and providing peace of mind to their families.
This information is meant to be a general summary of The Glebe 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: $127,476
- Program Service Revenue: $18,336,555
- Gross Receipts: $19,100,726
Assets and Liabilities:
- Total Assets: $74,725,099
- Total Liabilities: $81,690,938
- Net Assets: -$6,965,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICES
Revenue
$14,140,771
HEALTH CARE SERVICES
Revenue
$3,870,734
Organization Details
Founding Year
1998
Phone
(804) 521-9206Principal Officer
Jonathan Cook
Main Address
3961 STILLMAN PARKWAY, GLEN ALLEN, VA, 23060
Website
www.vbh.orgNTEE Category
Code: L22 - Housing
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