Overview
What is The Forest At Duke Inc?
The Forest at Duke Inc, located in Durham, North Carolina, is a vibrant retirement community established in 1992, with a mission to support and empower seniors in leading purposeful, active, healthy, and secure lives. With approximately 400 residents, The Forest offers a range of living options, including independent living residences, assisted living suites, and skilled nursing residences. The community has earned several accolades, including a BBB- credit rating by Fitch Ratings, accreditation by the National Commission on Accreditation of Rehabilitation Facilities/Continuing Care Accreditation Commission (CARF-CCAC), and a deficiency-free survey from the NC Department of Health Regulators. The Forest is committed to continuous improvement and expansion, having completed the construction of new cottage homes, renovations to the community center, and the financing for a new health center, all aimed at enhancing residents' privacy, independence, and access to amenities. The organization takes its social responsibility seriously, providing financial assistance to local non-profits and offering volunteer opportunities to residents, accumulating over 75,000 hours each year. The Forest is an active player in the educational and training landscape, serving as a site for various healthcare professional programs and maintaining memberships in numerous professional associations.
Official website here: www.forestduke.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
The Forest At Duke Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization demonstrates strong governance, with 100% of its board members being independent and an established oversight committee managing financial audits effectively. These factors contribute positively to its overall score, reflecting a commitment to transparency and responsible financial management.
One of the key strengths of The Forest At Duke Inc is its high program expense ratio of 84.03%, which suggests that the majority of its resources are allocated towards fulfilling its mission rather than administrative costs. Additionally, the organization has comprehensive policies in place, such as conflict of interest and whistleblower policies, which further enhance its governance framework and accountability practices.
However, there is a noted limitation in the organization’s liabilities to assets ratio, which scored 0 out of 15 points. This could indicate concerns regarding financial stability or a potential imbalance in funding and obligations. Overall, while The Forest At Duke Inc appears to be well-managed in many respects, potential donors may want to consider its financial liabilities when making their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is The Forest At Duke Inc legitimate?
The Forest At Duke Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Forest At Duke 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: $496,095
Professional Fundraising Fees: $6,588
Other Salaries and Wages: $11,389,205
For more financial information, click here
Official website here: www.forestduke.org
What is the mission statement of The Forest At Duke Inc?
The Forest at Duke Inc is dedicated to providing a caring and responsible retirement community that enhances the capability of residents of retirement age to lead purposeful, active, healthy, and secure lives. Established in 1992, the organization has grown to accommodate approximately 400 residents, offering independent living residences, assisted living suites, and skilled nursing residences. The Forest at Duke takes pride in its accreditations, including a BBB- credit rating by Fitch Ratings, CARF-CCAC accreditation, and Medicare certification. In 2023, a new health center will be added to the community, featuring the small house model of care, designed to increase resident independence and privacy. The Forest at Duke also prioritizes social responsibility and community involvement, providing financial support and volunteer hours to local non-profits and serving as a training site for various educational and licensing institutions.
Official website here: www.forestduke.org
Who is the CEO of The Forest At Duke Inc?
Anita L Holt is the CEO of The Forest At Duke Inc The CEO's salary of The Forest At Duke Inc is $315,308 and their total compensation is $350,154.
Official website here: www.forestduke.org
What is the revenue of The Forest At Duke Inc?
The Forest At Duke Inc's revenue in 2024 was $31,345,461.
Official website here: www.forestduke.org
Who are the executives of The Forest At Duke Inc and what are their salaries?
The average compensation at The Forest At Duke Inc during 2024 was $26,007. There are 457 employees and 20 volunteers at The Forest At Duke Inc.
Here are 17 key members and their salaries (The Forest At Duke Inc's CEO's salary is $315,308 and their total compensation is $350,154):
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- Compensation: $315,308
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- Other: $34,846
- Compensation: $210,164
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- Other: $32,548
- Compensation: $137,222
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- Other: $10,725
- Compensation: $132,128
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- Other: $3,025
- Compensation: $187,627
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- Other: $26,318
Official website here: www.forestduke.org
Where can I find the form 990 for The Forest At Duke Inc?
The Forest At Duke Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.forestduke.org
Learn more at the official website: www.forestduke.org
Mission Statement of The Forest At Duke Inc
The Forest at Duke Inc, a retirement community, is dedicated to providing a caring and responsible living environment for individuals in their retirement years. The organization's mission is to foster the independence of its residents by enhancing their ability to lead purposeful, active, healthy, and secure lives.
Nestled on a sprawling 47-acre campus, The Forest at Duke is home to approximately 400 residents, offering a range of living options including independent living residences, assisted living suites, and skilled nursing residences. Over the years, The Forest at Duke has earned numerous accolades, including a BBB- credit rating from Fitch Ratings, accreditation from the Commission on Accreditation of Rehabilitation Facilities/Continuing Care Accreditation Commission (CARF-CCAC), and deficiency-free surveys from the North Carolina Department of Health Regulators.
With a commitment to social responsibility and leadership, The Forest at Duke goes beyond its core mission of providing exceptional care to its residents. The community is an active contributor to local non-profits, providing financial assistance, in-kind donations, and volunteer hours totaling over 75,000 annually. Additionally, The Forest at Duke serves as a training site for various educational and licensing institutions, including Geriatric Fellows from Duke University Medical Center, nursing students, and therapeutic recreation interns. The Forest at Duke also maintains memberships in several professional associations, allowing its employees to participate in leadership roles and educational sessions at the state and national levels.
The Forest at Duke continues to enhance its offerings to its residents, most recently completing the financing for a new health center, which will include 90 new units in the small house format, offering increased privacy, shorter walking distances, and additional dining and fitness venues. The new health center is expected to open in February 2023, furthering The Forest at Duke's commitment to providing a caring, responsible community that empowers its residents to live their best lives.
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Impact
October, 2024
The Forest At Duke Inc. significantly enhances the quality of life for its residents by providing a caring and responsible retirement community that fosters independence and encourages purposeful living. With a 47-acre campus housing approximately 400 residents, including independent living, assisted living, and skilled nursing options, it supports a diverse range of needs and lifestyles.
Since opening its doors in 1992, The Forest has been dedicated to creating an environment where residents can lead active, healthy, and secure lives. The recent construction of a new health center designed in the "small house" model promotes resident privacy, independence, and social interaction, further enriching the living experience.
The Forest’s commitment to social responsibility is also evident in its outreach efforts, which include financial support for local organizations and the empowerment of community engagement through volunteerism. Each year, residents contribute over 75,000 volunteer hours, benefiting schools, hospitals, and various service organizations in the area, strengthening community bonds and promoting a culture of giving back.
Additionally, The Forest At Duke serves as a hub for educational development by collaborating with institutions like Duke University Medical Center and regional nursing schools. By providing training opportunities, it not only enhances the professional growth of staff but also ensures high-quality care for residents.
Through these initiatives, The Forest At Duke Inc. plays a vital role in improving the lives of seniors and enriching the Durham community, embodying its mission to cultivate a vibrant and supportive environment for all its residents.
This information is meant to be a general summary of The Forest At Duke 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 2024.
- Investment Income: $1,315,356
- Program Service Revenue: $28,607,518
- Gross Receipts: $37,948,001
Assets and Liabilities:
- Total Assets: $132,994,833
- Total Liabilities: $118,283,957
- Net Assets: $14,710,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Service Fees
Revenue
$18,487,097
Clinic and Health Center
Revenue
$5,315,095
Entrance Fees
Revenue
$4,682,718
Dining Services
Revenue
$62,008
Application Fees
Revenue
$60,600
Organization Details
Founding Year
1988
Principal Officer
Anita L Holt
Website
www.forestduke.orgNTEE Category
Code: P750 - Human services
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