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Richland Place Inc

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

EIN: 581818877 ✦ Murfreesboro, TN ✦ Designated as a 501(c)(3)

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Overview

What is Richland Place Inc?

Richland Place Inc, an equal opportunity employer, is part of National HealthCare (NHC), a leading organization in the senior care industry. Committed to excellence, Richland Place is managed by NHC and focuses on providing superior customer satisfaction. Richland Place is not just a community but a continuing care facility, ensuring comprehensive care for its residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating 79% - Three-Star out of Four Star Rating

Richland Place Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance primarily in the Accountability & Finance category. The organization has demonstrated strong governance practices, with an independent board comprising 100% independent members, as well as comprehensive financial oversight reflected in a fully audited financial statement.

While their program expense ratio is commendable at 83.83%, indicating that a significant portion of their funding is directed toward their mission, they face a notable challenge with a liabilities to assets ratio of 137.90%. This suggests potential financial stress that could impact their operations. Additionally, the absence of their tax form on the nonprofit's website is a limitation that may affect transparency.

Overall, Richland Place Inc showcases a commitment to accountability and strong financial practices but needs to address its financial liabilities and improve document accessibility to enhance trust and clarity for stakeholders.


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

Is Richland Place Inc legitimate?

Richland Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Richland Place 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: $19,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,135,552

For more financial information, click here

What is the mission statement of Richland Place Inc?

Richland Place Inc, managed by National HealthCare, is dedicated to achieving excellence in customer satisfaction as part of NHC's broader industry mission. The community is an equal opportunity employer, welcoming individuals from diverse backgrounds. Richland Place focuses on providing quality services and maintaining a strong commitment to equality. By being a part of NHC, it aspires to set the standard in the senior living industry. The community's ongoing efforts aim to ensure the well-being and happiness of its residents.

Who is the CEO of Richland Place Inc?

Unavailable

What is the revenue of Richland Place Inc?

Richland Place Inc's revenue in 2022 was $25,815,693.

Who are the executives of Richland Place Inc and what are their salaries?

The average compensation at Richland Place Inc during 2022 was $26,535. There are 345 employees at Richland Place Inc.


Here are 15 key members and their salaries:


Julie Stephens (Rn)
  • Compensation: $126,979
  • Related: $0
  • Other: $0
Marette Wood (Director Of Rehab)
  • Compensation: $105,489
  • Related: $0
  • Other: $0
Kathleen Gross (Director Of Social)
  • Compensation: $97,274
  • Related: $0
  • Other: $0
Patrick Jarvis (Rn)
  • Compensation: $94,719
  • Related: $0
  • Other: $0
Indianna Thompson (Don)
  • Compensation: $93,971
  • Related: $0
  • Other: $0
Lynn May (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Blair Wilson (Board Chair)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Penny Teselle (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Janet Jernigan (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Lester Smith (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Paul Mcnabb (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
John Bailey (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Decosta Jenkins (Director)
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Reece Elliott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Michael Ussery (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Richland Place Inc?

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

Mission Statement of Richland Place Inc

Richland Place Inc, managed by National HealthCare, is dedicated to upholding NHC's industry-leading mission of customer satisfaction. Situated as a part of this esteemed organization, Richland Place prioritizes equality and acceptance, adhering to the tenets of an equal opportunity employer.

Richland Place's commitment to excellence is deeply rooted in its partnership with National HealthCare. This affiliation enables Richland Place to foster a community that goes beyond the average living experience for its residents. With its unwavering dedication to customer satisfaction, Richland Place sets itself apart from other continuing care communities, ensuring a community lifestyle that caters to the unique needs and preferences of its residents.

As a responsible and inclusive organization, Richland Place embraces the values of equality and opportunity. By adhering to the equal opportunity employment principles, Richland Place cultivates a diverse and inclusive environment where every individual feels valued and respected. This commitment to inclusivity extends beyond its internal operations, creating a living community that fosters a sense of belonging and unity among its residents.

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Impact




October, 2024

Richland Place Inc significantly impacts the community by providing a dedicated continuing care community that prioritizes the well-being of its residents. Managed by NHC (National HealthCare), Richland Place focuses on delivering exceptional customer satisfaction, enhancing the quality of life for its residents. Its commitment to being an equal opportunity employer fosters a diverse and inclusive workforce, further enriching the community atmosphere in Murfreesboro, TN. Through its services, Richland Place addresses essential human services needs, ensuring that seniors receive the care and support they require in a compassionate and nurturing environment. This commitment not only benefits residents but also strengthens community bonds and promotes a culture of care and respect.




This information is meant to be a general summary of Richland Place 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
$25,815,693 (2022)
Expenses
$25,164,689 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $528,947
  • Program Service Revenue: $25,286,746
  • Gross Receipts: $25,815,693

Assets and Liabilities:

  • Total Assets: $31,471,604
  • Total Liabilities: $43,399,847
  • Net Assets: -$11,928,243

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Programs

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

LONG TERM HEALTH CARE

Revenue

$25,286,746

Organization Details

Main Address

PO BOX 1398, MURFREESBORO, TN, 37133

NTEE Category

Code: P750 - Human services

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