Overview
What is The United Methodist Retirement Homes Inc?
The United Methodist Retirement Homes Inc, a faith-based non-profit organization located in Durham, North Carolina, operates continuing care retirement communities, providing a lifestyle of wellness and enrichment for a diverse population of senior adults. With a workforce of 1,100 dedicated individuals, they own and manage life plan communities, including skilled nursing facilities. Their mission is to offer a range of care options, ensuring overall well-being and access to long-term care for senior adults.
Official website here: www.umrh.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The United Methodist Retirement Homes Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81% primarily based on its Accountability & Finance metrics. This score indicates a solid commitment to transparency and responsible financial management, with no material diversions of assets reported and a high program expense ratio of 85.84%. The organization also demonstrates strong governance, featuring a fully independent board.
The organization excels in several key areas, including independent oversight, with all board members being independent. It has established effective policies regarding conflict of interest, whistleblowing, and document retention, all of which contribute to a well-structured and accountable operational framework. The financial statements are subjected to an audit and reviewed by an oversight committee, further enhancing trust.
However, while the financial governance is commendable, the rating does not provide insights into the programmatic impact or effectiveness of the services offered. The salary of key personnel appears relatively high, which may raise questions about compensation practices in relation to the nonprofit sector's standards. Overall, while financial integrity is a strength, potential donors and stakeholders might seek more information on program outcomes and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is The United Methodist Retirement Homes Inc legitimate?
The United Methodist Retirement Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The United Methodist Retirement Homes 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: $1,535,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,363,866
For more financial information, click here
Official website here: www.umrh.org
What is the mission statement of The United Methodist Retirement Homes Inc?
The United Methodist Retirement Homes Inc, a faith-based non-profit organization, is dedicated to providing a lifestyle of wellness and overall enrichment for a diverse population of senior adults. Through operating life plan communities, including skilled nursing facilities, they offer access to long-term care. Their mission aims to create an environment that fosters the health and well-being of senior adults, ensuring they receive the care they need. The organization's commitment to its residents goes beyond just physical care, focusing on their overall well-being and ensuring they can live their best lives. As a faith-based organization, the United Methodist Retirement Homes Inc also strives to promote a sense of community and spiritual growth among its residents.
Official website here: www.umrh.org
What is the revenue of The United Methodist Retirement Homes Inc?
The United Methodist Retirement Homes Inc's revenue in 2023 was $95,013,522.
Official website here: www.umrh.org
Who are the executives of The United Methodist Retirement Homes Inc and what are their salaries?
The average compensation at The United Methodist Retirement Homes Inc during 2023 was $28,888. There are 1035 employees and 265 volunteers at The United Methodist Retirement Homes Inc.
Here are 25 key members and their salaries:
- 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: $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: $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: $0
- Related: $0
- Other: $0
- Compensation: $331,019
- Related: $0
- Other: $28,421
- Compensation: $248,269
- Related: $0
- Other: $14,955
- Compensation: $332,881
- Related: $0
- Other: $34,203
- Compensation: $91,506
- Related: $0
- Other: $21,715
- Compensation: $168,233
- Related: $0
- Other: $15,448
- Compensation: $147,107
- Related: $0
- Other: $10,104
- Compensation: $180,370
- Related: $0
- Other: $27,275
- Compensation: $207,560
- Related: $0
- Other: $30,297
- Compensation: $193,669
- Related: $0
- Other: $85,437
Official website here: www.umrh.org
Where can I find the form 990 for The United Methodist Retirement Homes Inc?
The United Methodist Retirement Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.umrh.org
Learn more at the official website: www.umrh.org
Mission Statement of The United Methodist Retirement Homes Inc
The United Methodist Retirement Homes Inc, a faith-based non-profit organization, is devoted to providing a lifestyle of wellness and overall enrichment for a diverse population of senior adults. With a mission to operate continuing care retirement communities, this life plan organization goes beyond the basics to ensure the accessibility of long-term care for its residents.
The United Methodist Retirement Homes Inc focuses on creating an environment that supports the physical, emotional, and spiritual needs of seniors. They believe that every senior adult deserves the opportunity to live with dignity and independence, and their communities are designed to facilitate just that. Their commitment to wellness extends beyond the physical realm, as they also prioritize the emotional and spiritual well-being of their residents.
The United Methodist Retirement Homes Inc's portfolio includes a range of continuing care retirement communities, including skilled nursing facilities. These facilities offer a comprehensive approach to care, ensuring that residents have access to the necessary support as their needs change over time. With a faith-based foundation, the organization strives to put the needs of its residents first, creating a warm and welcoming community where seniors can thrive.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The United Methodist Retirement Homes Inc significantly enhances the quality of life for senior adults by operating and managing continuing care retirement communities. These life plan communities offer a holistic approach to senior living, emphasizing wellness and enrichment through various programs and services. By providing access to skilled nursing facilities and long-term care, the organization ensures that seniors can age in place with dignity and support.
The commitment to a diverse population fosters inclusivity and respect for individual needs, contributing to a vibrant community atmosphere. With a mission rooted in faith, the organization not only attends to the physical well-being of its residents but also nurtures their emotional and spiritual health, creating a comprehensive support system that enriches the lives of both residents and their families. This impact extends beyond individual residents, influencing the broader community by promoting awareness of the needs and experiences of aging populations.
This information is meant to be a general summary of The United Methodist Retirement Homes 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 2023.
- Investment Income: $4,552,448
- Program Service Revenue: $87,169,596
- Gross Receipts: $110,979,210
Assets and Liabilities:
- Total Assets: $365,869,626
- Total Liabilities: $265,492,124
- Net Assets: $100,377,502
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICES
Revenue
$65,724,982
AMORT. OF ADVANCE FEES
Revenue
$11,303,173
MEDICARE/MEDICAID PAYMENTS
Revenue
$10,141,441
Organization Details
Founding Year
1946
Principal Officer
Jonathan Erickson
Website
www.umrh.orgNTEE Category
Code: T20 - Philanthropy
If you are a representative of The United Methodist Retirement Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.