Overview
What is Waterman Communities Inc?
Waterman Communities Inc is a nonprofit organization located in Mount Dora, Florida, dedicated to providing senior living services. The organization offers a range of programs, including independent living manors and villas, assisted living, and skilled nursing care. Across all their programs, they cater to over 160,000 resident days yearly. Their services extend to approximately 530 elderly residents, who receive one meal a day, transportation, activities, weekly housekeeping, maintenance, basic cable television, and utilities. They also offer healthcare services through their nursing facility, Bridgewater Assisted Living, which includes a 24-hour nursing staff, three meals daily, and assistance with activities of daily living. Waterman Village Home Care provides additional support for residents, offering companion/sitter services, CNA services, nursing services, rehabilitative therapy, and care for off-campus individuals. Their mission is to enable elderly residents to age successfully, fostering wellness and independence through a comprehensive suite of services delivered with care, integrity, and professionalism.
Official website here: www.watermanvillage.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 77% - Three-Star out of Four Star rating
Waterman Communities Inc has received a Three-Star rating from Charity Navigator, with an overall score of 77%. This score reflects a strong performance in the Accountability & Finance category, which is essential for assessing a nonprofit's reliability and transparency. The organization demonstrates solid fiscal management, with no material diversion of assets and a comprehensive set of governance policies in place.
The organization boasts a highly independent board, with 85% of its members being independent, and effective oversight through an audit and finance committee. The high program expense ratio of 81.59% indicates that a substantial portion of its financial resources is allocated directly to its programs, further highlighting its commitment to fulfilling its mission.
While the organization shows commendable practices in governance and financial oversight, there are no additional ratings or reviews available that might provide a broader view of its operational effectiveness or community impact. Overall, Waterman Communities Inc appears to operate with a strong focus on accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Waterman Communities Inc legitimate?
Waterman Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waterman Communities 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: $949,324
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,788,963
For more financial information, click here
Official website here: www.watermanvillage.com
What is the mission statement of Waterman Communities Inc?
Waterman Communities Inc is dedicated to enabling elderly residents to live their best lives with optimal wellness and independence. As a community-focused organization, it offers a comprehensive range of services to support senior living, including independent living, assisted living, and nursing care. Across its programs, Waterman Communities serves over 1,000 elderly residents through approximately 333 independent living units and 130 skilled nursing facility beds. The organization's services include providing one meal per day, transportation, activities, weekly housekeeping, maintenance, basic cable television, and some utilities for independent living residents. Assisted living residents receive assistance with daily living activities, three meals daily, housekeeping and maintenance, transportation, and all utilities. Home care services, such as companion/sitter services, CNA services, nursing services, and rehabilitative therapy, are also provided. Recently, Waterman Communities opened a memory support assisted living facility, expanding its offerings to cater to the unique needs of those with memory-related conditions.
Official website here: www.watermanvillage.com
Who is the CEO of Waterman Communities Inc?
Andrew Dujon is the President/Ceo of Waterman Communities Inc. The CEO's salary of Waterman Communities Inc is $409,837 and their total compensation is $409,837.
Official website here: www.watermanvillage.com
What is the revenue of Waterman Communities Inc?
Waterman Communities Inc's revenue in 2022 was $32,212,693.
Official website here: www.watermanvillage.com
Who are the executives of Waterman Communities Inc and what are their salaries?
The average compensation at Waterman Communities Inc during 2022 was $29,835. There are 494 employees and 7 volunteers at Waterman Communities Inc.
Here are 16 key members and their salaries (Waterman Communities Inc's CEO's salary is $409,837 and their total compensation is $409,837):
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- Compensation: $409,837
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- Compensation: $201,325
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- Compensation: $104,910
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- Compensation: $106,140
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Official website here: www.watermanvillage.com
Where can I find the form 990 for Waterman Communities Inc?
Waterman Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.watermanvillage.com
Learn more at the official website: www.watermanvillage.com
Mission Statement of Waterman Communities Inc
Waterman Communities, Inc., a community-centered organization, is dedicated to making it possible for the elderly to age successfully. With a mission to enable seniors to live their best life with maximum wellness and independence, Waterman Communities provides a broad range of services delivered with care, integrity, and professionalism.
The organization offers various living arrangements, including senior living, independent living, assisted living, and nursing care. Waterman Communities manages 56 independent living manor units, 203 independent living villas, 77 assisted living units, and a 120-bed skilled nursing facility, which includes an 18-bed dementia unit. Collectively, these programs catered to over 160,000 resident days in the current year.
Waterman Communities' senior living facilities provide essential services to approximately 259 elderly residents, offering one meal per day, transportation to medical appointments, shopping, activities, weekly housekeeping, maintenance, basic cable television, and some utilities. The assisted living facility serves around 77 elderly residents, providing assistance in certain activities of daily living, a 24-hour nursing staff, three meals daily, housekeeping and maintenance, transportation to medical appointments and shopping activities, basic cable television, and all utilities.
Waterman Village Home Care offers companions/sitters, CNA services, nursing services, and rehabilitative therapy to independent living and assisted living residents, as well as off-campus individuals. Waterman Communities' offerings go beyond housing, making a significant difference in the lives of the elderly population they serve.
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Impact
October, 2024
Waterman Communities Inc significantly enhances the quality of life for the elderly by providing comprehensive housing and healthcare services tailored to their needs. With a diverse range of living options, including independent living, assisted living, and skilled nursing care, the organization serves a large community of seniors, facilitating their ability to age gracefully and maintain independence.
The facilities include 56 independent living manor units, 203 independent living villas, 77 assisted living units, and a 120-bed skilled nursing facility that features an 18-bed dementia unit. The Edgewater Health Care and Rehabilitation Center caters to approximately 120 residents, offering rehabilitation therapy and long-term care. Across all programs, Waterman Communities Inc accounted for over 160,000 resident days in the current year, reflecting its extensive impact.
Furthermore, the organization ensures that residents receive holistic support through essential services such as meal provision, transportation to medical appointments, housekeeping, maintenance, and community activities. The added features of the Waterman Village Home Care, which offers nursing services and rehabilitative therapy, extend support to both residents and those living off-campus.
By fostering an environment that prioritizes wellness and active living, Waterman Communities Inc not only addresses the immediate needs of its residents but also contributes to their overall health, happiness, and dignity as they navigate their later years. This community-centered approach reinforces a valuable sense of belonging and purpose among senior residents, allowing them to live their best lives.
This information is meant to be a general summary of Waterman Communities 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: -$273,344
- Program Service Revenue: $32,397,706
- Gross Receipts: $33,276,556
Assets and Liabilities:
- Total Assets: $151,358,588
- Total Liabilities: $168,890,425
- Net Assets: -$17,531,837
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUE
Revenue
$16,237,556
PATIENT SERVICE REVENUE
Revenue
$11,293,871
HOME HEALTH REVENUE
Revenue
$1,817,843
EARNED ENTRANCE FEES
Revenue
$1,671,592
OTHER RESIDENT REVENUE
Revenue
$1,376,844
Organization Details
Founding Year
1987
Phone
(352) 383-0051Principal Officer
Andrew Dujon
Main Address
250 BROOKFIELD AVENUE, MOUNT DORA, FL, 32757
Website
www.watermanvillage.comNTEE Category
Code: P750 - Human services
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