Overview
What is East Ridge Retirement Village Inc?
East Ridge Retirement Village Inc is a nonprofit organization located in Gainesville, Florida. With a mission to provide affordable housing, meals, and healthcare services to senior citizens, the organization serves approximately 342 residents. Their commitment extends beyond basic needs, offering 24/7 care and support to ensure the well-being of their residents. The organization's offerings include skilled nursing and related healthcare services, such as therapy for individuals who require assistance. In 2022, they served a total of 57,226 resident days. Employing 451 individuals, they strive to continue providing services to residents despite financial challenges.
Official website here: www.eastridgerc.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81%, Three-Star out of Four Star rating.
East Ridge Retirement Village Inc has achieved a commendable score of 81%, reflecting strong performance primarily in accountability and finance metrics. The organization boasts an independent board consisting of 90% independent members, indicating a commitment to governance and oversight. Additionally, the presence of robust financial oversight mechanisms, such as an Audit and Oversight Committee, further enhances trust in their financial practices.
The nonprofit’s program expense ratio is noteworthy at 83.44%, suggesting that a significant portion of their funds is directed towards their programs rather than administrative costs. They have established comprehensive policies, including conflict of interest and whistleblower protections, contributing to their operational transparency and ethical conduct.
However, while the score reflects a solid performance in financial accountability, it is important to recognize that this rating is solely based on a single beacon score. Potential donors may want to consider looking into additional aspects of the organization’s programs and community impact to gain a fuller understanding of its efficacy.
This AI summary has been generated from information found on Charity Navigator.
Is East Ridge Retirement Village Inc legitimate?
East Ridge Retirement Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Ridge Retirement Village 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: $12,214,513
For more financial information, click here
Official website here: www.eastridgerc.com
What is the mission statement of East Ridge Retirement Village Inc?
East Ridge Retirement Village Inc is dedicated to providing affordable housing, meals, and healthcare services to senior citizens. The organization's mission is to ensure the well-being of elderly residents by offering round-the-clock support, 365 days a year. Approximately 342 senior residents benefit from these services, and East Ridge Retirement Village makes every effort to continue providing assistance to those who can no longer pay. The community strives to create an environment where seniors can thrive and maintain their independence. Services are tailored to meet their unique needs, and every resident receives individualized care. The organization's primary goal is to promote a high quality of life for its elderly residents, ensuring they receive the essential services they deserve.
Official website here: www.eastridgerc.com
Who is the CEO of East Ridge Retirement Village Inc?
Lawrence G Schreiber is the Chief Executive Officer/Director of East Ridge Retirement Village Inc. The CEO's salary of East Ridge Retirement Village Inc is $0 and their total compensation is $7,380,821.
Official website here: www.eastridgerc.com
What is the revenue of East Ridge Retirement Village Inc?
East Ridge Retirement Village Inc's revenue in 2022 was $28,545,190.
Official website here: www.eastridgerc.com
Who are the executives of East Ridge Retirement Village Inc and what are their salaries?
The average compensation at East Ridge Retirement Village Inc during 2022 was $27,083. There are 451 employees and 66 volunteers at East Ridge Retirement Village Inc.
Here are 22 key members and their salaries (East Ridge Retirement Village Inc's CEO's salary is $0 and their total compensation is $7,380,821):
- Compensation: $0
- Related: $2,028,776
- Other: $5,352,045
- Compensation: $0
- Related: $650,123
- Other: $881,793
- Compensation: $0
- Related: $904,878
- Other: $44,161
- Compensation: $0
- Related: $511,203
- Other: $97,315
- Compensation: $0
- Related: $353,438
- Other: $42,895
- Compensation: $0
- Related: $187,103
- Other: $4,218
- Compensation: $156,483
- Related: $0
- Other: $8,019
- Compensation: $143,876
- Related: $0
- Other: $11,972
- Compensation: $141,807
- Related: $0
- Other: $11,858
- Compensation: $115,966
- Related: $0
- Other: $11,978
- Compensation: $119,018
- Related: $0
- Other: $4,118
- Compensation: $0
- Related: $55,158
- Other: $0
- Compensation: $0
- Related: $45,596
- Other: $0
- Compensation: $0
- Related: $45,269
- Other: $0
- Compensation: $0
- Related: $43,469
- Other: $0
- Compensation: $0
- Related: $43,142
- Other: $0
- Compensation: $0
- Related: $41,996
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $27,779
- Other: $0
- Compensation: $0
- Related: $13,890
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eastridgerc.com
Where can I find the form 990 for East Ridge Retirement Village Inc?
East Ridge Retirement Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastridgerc.com
Learn more at the official website: www.eastridgerc.com
Mission Statement of East Ridge Retirement Village Inc
East Ridge Retirement Village, Inc., a dedicated nonprofit organization, is committed to providing affordable housing, meals, and healthcare services to senior citizens. The mission of this esteemed institution goes beyond just offering a roof and meals; it aims to ensure the well-being of approximately 342 elderly residents through round-the-clock, seven days a week, and 365 days a year care.
East Ridge Retirement Village, Inc. takes great strides to fulfill its mission by providing essential services that cater to the unique needs of its elderly residents. It offers affordable housing, ensuring that seniors have a safe and comfortable place to call home. Additionally, the organization provides nutritious meals, addressing the importance of proper nourishment for seniors. To further ensure their overall well-being, East Ridge Retirement Village, Inc. offers healthcare services and related programs to its residents.
The organization demonstrates its unwavering commitment to its residents by making every effort, within its financial capabilities, to continue providing services to those who may become unable to pay. This compassionate approach enables East Ridge Retirement Village, Inc. to maintain a nurturing environment where seniors can thrive and age gracefully.
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Impact
October, 2024
East Ridge Retirement Village Inc has a significant impact on the lives of senior citizens in Gainesville, Florida, by providing essential services tailored to meet their needs. The organization focuses on delivering affordable housing, nutritious meals, comprehensive health care, and related services around the clock, ensuring that approximately 342 residents receive the support they require daily.
In 2022 alone, East Ridge Retirement Village recorded a remarkable 57,226 resident days, reflecting their commitment to offering skilled nursing and therapy services to individuals who cannot care for themselves. This level of care fosters a nurturing environment where seniors can maintain their dignity and quality of life, even as they face health challenges.
The mission of East Ridge Retirement Village extends beyond mere accommodation; it embodies a dedication to serving the vulnerable population of senior citizens. The organization seeks to provide stability and security for its residents, even striving to support those who may experience financial difficulties. Through these efforts, East Ridge Retirement Village plays a crucial role in enhancing the well-being and independence of seniors in the community.
This information is meant to be a general summary of East Ridge Retirement Village 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: -$408,084
- Program Service Revenue: $28,153,652
- Gross Receipts: $29,334,352
Assets and Liabilities:
- Total Assets: $81,144,802
- Total Liabilities: $100,106,636
- Net Assets: -$18,961,834
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING/MAINT
Revenue
$16,305,485
ROOM & BOARD
Revenue
$6,622,311
DUES AND ASSESSMENTS
Revenue
$3,080,070
COMPANION SERVICES
Revenue
$2,122,763
TRANS. & SOCIAL SVCS
Revenue
$23,023
Organization Details
Founding Year
1961
Phone
(352) 554-8575Principal Officer
Lawrence G Schreiber
Main Address
SANTAFE HEALTHCAREINC PO BOX 749, GAINESVILLE, FL, 326270749
Website
www.eastridgerc.comNTEE Category
Code: P750 - Human services
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