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Glenaire Inc

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

EIN: 561739542 ✦ Colfax, NC ✦ Designated as a 501(c)(3)

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Overview

What is Glenaire Inc?

Glenaire Inc is a non-profit, church-related community in Colfax, North Carolina, with a stable and compassionate environment. They provide residential, assisted living, and nursing care to approximately 414 senior adults. Their offerings include essential services such as housekeeping, food service, and medical support. Glenaire's mission is to foster vibrant, quality living for seniors, and their vision is to create a community of excellence and innovation. They aim to deliver a comprehensive care experience in a continuing care community.


Official website here: www.glenaire.org

What are the reviews and ratings of this charity?

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

Glenaire Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The overall score of 81% indicates that the organization demonstrates a strong commitment to transparency and governance, particularly evident in its independent board composition and comprehensive financial oversight.

The organization excels in several areas, such as having 100% independent board members and a robust financial statements oversight structure, which includes regular audits. It also scores well in program expenses, with about 80% allocated to programs, showcasing effective resource utilization. Additionally, Glenaire Inc has well-established policies for conflicts of interest, whistleblower protections, and document retention.

However, the rating also highlights a point of concern regarding its liabilities to assets ratio, where it scored lower, indicating potential financial vulnerability. While the charity demonstrates strong governance practices, the financial health aspect should be monitored closely to ensure sustainability in the long term.


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

Is Glenaire Inc legitimate?

Glenaire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Glenaire 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: $814,029
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,841,080

For more financial information, click here


Official website here: www.glenaire.org

What is the mission statement of Glenaire Inc?

Glenaire Inc is a non-profit organization dedicated to creating a vibrant and high-quality living environment for seniors. Their mission is to foster a stable and compassionate community where seniors can thrive. The organization provides residential, assisted living, and nursing care for approximately 414 senior adults. They offer various services including housekeeping, food service, and medical support in a continuing care community. Glenaire Inc aims to enhance the lives of seniors by ensuring their basic needs are met and providing a nurturing community atmosphere. Their commitment to seniors' well-being is reflected in their comprehensive range of services and compassionate approach.


Official website here: www.glenaire.org

Who is the CEO of Glenaire Inc?

Timothy J Webster is the Principal Officer of Glenaire Inc. The CEO's salary of Glenaire Inc is $0 and their total compensation is $517,643.


Official website here: www.glenaire.org

What is the revenue of Glenaire Inc?

Glenaire Inc's revenue in 2022 was $27,972,892.


Official website here: www.glenaire.org

Who are the executives of Glenaire Inc and what are their salaries?

There 165 volunteers at Glenaire Inc.


Here are 28 key members and their salaries (Glenaire Inc's CEO's salary is $0 and their total compensation is $517,643):


Debbie Pappas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Williford (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bookhout (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nandinta Garg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Hodges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Jordan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Becky King (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Mclaurin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Mickey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Nichols (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cate Church-Norman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delores Parker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Shivar (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Smith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilda Pinnix-Ragland (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Welker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Webster (Assistant Secretary/Ceo)
  • Compensation: $0
  • Related: $495,155
  • Other: $22,488
Julia Hanover (Assistant Treasurer/Cfo)
  • Compensation: $0
  • Related: $296,301
  • Other: $25,240
Benjamin Stevens (Executive Director)
  • Compensation: $0
  • Related: $223,985
  • Other: $14,912
David Ficklin (Associate Director)
  • Compensation: $0
  • Related: $162,976
  • Other: $14,433
Vickey Mason-Burgess (Director Of Nursing/Clinical Mentor)
  • Compensation: $0
  • Related: $127,318
  • Other: $19,331
Emily Smith (Director Of Marketing)
  • Compensation: $0
  • Related: $109,022
  • Other: $19,355
Cheryl Satterwhite (Staff Development Coordinator)
  • Compensation: $0
  • Related: $110,008
  • Other: $12,689


Official website here: www.glenaire.org

Where can I find the form 990 for Glenaire Inc?

Glenaire Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.glenaire.org

Learn more at the official website: www.glenaire.org

Mission Statement of Glenaire Inc

Glenaire Inc, a leading non-profit organization, is dedicated to creating a vibrant and high-quality living environment for senior adults. With a compassionate and stable approach, Glenaire aims to provide a community of excellence and innovation for its residents.

The mission of Glenaire Inc is rooted in its commitment to foster a nurturing and supportive atmosphere for seniors. As a church-related community, it offers a full range of residential, assisted living, and nursing care services to approximately 414 senior adult residents. Glenaire's team of professionals ensures that each resident receives essential services such as housekeeping and food service, along with medical support and other necessary assistance.

Glenaire Inc goes beyond the basics of care, fostering an engaging and enriching living experience for its residents. Its continuing care community model allows for the seamless transition between different levels of care as needed, ensuring that seniors can age gracefully within the Glenaire community. The organization's compassionate and dedicated staff is always on hand to support and enhance the quality of life for all its residents.

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Impact




October, 2024

Glenaire Inc plays a pivotal role in enhancing the quality of life for senior adults in Colfax, NC. By providing a stable and compassionate environment, Glenaire Inc offers residential, assisted living, and nursing care to approximately 414 residents. The organization is committed to fostering a community of excellence and innovation, ensuring that seniors have access to essential services such as housekeeping, food service, and medical support.

Through its mission of fostering vibrant living, Glenaire Inc not only meets the immediate needs of its residents but also creates an atmosphere where seniors can thrive. This comprehensive approach contributes significantly to the overall well-being of the community, allowing older adults to enjoy their later years with dignity and support. The emphasis on quality living and compassionate care reflects Glenaire's dedication to serving the unique needs of the senior population, making a lasting impact within the community.




This information is meant to be a general summary of Glenaire 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
$27,972,892 (2022)
201120122013201420152016201720182019202020212022$0$7.5M$15M$22.5M$30M
Expenses
$26,366,814 (2022)
201120122013201420152016201720182019202020212022$0$7M$14M$21M$28M
Efficiency
2011201220132014201520162017201820192020202120220%8%16%24%39%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $756,070
  • Program Service Revenue: $26,652,571
  • Gross Receipts: $32,233,296

Assets and Liabilities:

  • Total Assets: $269,672,296
  • Total Liabilities: $215,434,861
  • Net Assets: $54,237,435

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Programs

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

RESIDENT SERVICE FEES

Revenue

$21,909,732

AMORTIZED ENTRY FEES

Revenue

$3,284,607

ANCILLARY INCOME

Revenue

$1,393,709

FOOD SERVICE REVENUE

Revenue

$64,523

Organization Details

Founding Year

1991

Principal Officer

Timothy J Webster

Main Address

2109 SANDY RIDGE ROAD, COLFAX, NC, 27235

NTEE Category

Code: P750 - Human services

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