Overview
What is The Glenridge On Palmer Ranch Inc?
The Glenridge On Palmer Ranch Inc, a nonprofit organization based in Jacksonville, Florida, holds a permanent certificate of authority and certificate of need from the State of Florida to operate as a continuing care retirement facility. With approximately 416 living and nursing units, The Glenridge provides housing, healthcare, and related services to residents in Sarasota, Florida. Dedicated to creating an active and caring community, The Glenridge offers an extensive range of lifestyle programs, healthcare services, and enrichment opportunities to support its members.
Official website here: www.theglenridge.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Glenridge On Palmer Ranch Inc has received an overall score of 81%, earning a Three-Star rating from Charity Navigator. This rating reflects strong performance in the Accountability & Finance category, indicating responsible management of financial resources. The organization demonstrates a commitment to transparency and ethical practices, as evidenced by policies such as conflict of interest and whistleblower protections.
Strengths highlighted in the evaluation include a fully independent board, effective oversight through an audit and oversight committee, and a high program expense ratio of 85.95%. These factors contribute to a solid governance structure, ensuring that funds are primarily directed toward fulfilling the organization's mission rather than administrative costs.
While the ratings are favorable, there is limited feedback regarding the organization's programmatic impact or community engagement. Improving transparency about outcomes and the effectiveness of its programs could enhance the public's understanding of its overall contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Glenridge On Palmer Ranch Inc legitimate?
The Glenridge On Palmer Ranch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Glenridge On Palmer Ranch 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: $14,943,769
For more financial information, click here
Official website here: www.theglenridge.com
What is the mission statement of The Glenridge On Palmer Ranch Inc?
The Glenridge On Palmer Ranch Inc strives to foster an active and caring community for its members. They achieve this by offering a range of high-quality lifestyle programs, healthcare services, and enrichment opportunities. The organization holds a permanent certificate of authority and certificate of need from the state to operate as a continuing care retirement facility. With approximately 416 living and nursing units, The Glenridge provides housing, healthcare, and related services to residents. Their mission is to support members in various aspects of their lives, ensuring they can enjoy a fulfilling and engaged community experience.
Official website here: www.theglenridge.com
What is the revenue of The Glenridge On Palmer Ranch Inc?
The Glenridge On Palmer Ranch Inc's revenue in 2023 was $45,107,420.
Official website here: www.theglenridge.com
Who are the executives of The Glenridge On Palmer Ranch Inc and what are their salaries?
The average compensation at The Glenridge On Palmer Ranch Inc during 2023 was $30,251. There are 494 employees and 8 volunteers at The Glenridge On Palmer Ranch Inc.
Here are 13 key members and their salaries:
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- Compensation: $120,459
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Official website here: www.theglenridge.com
Where can I find the form 990 for The Glenridge On Palmer Ranch Inc?
The Glenridge On Palmer Ranch Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.theglenridge.com
Learn more at the official website: www.theglenridge.com
Mission Statement of The Glenridge On Palmer Ranch Inc
The Glenridge On Palmer Ranch Inc is a mission-driven organization that prioritizes the well-being of its members and cultivates an engaged community. With a permanent certificate of authority and need from the state of Florida, this continuing care retirement community provides high-quality lifestyle programs, health care services, and exceptional enrichment opportunities.
The Glenridge does more than just offer housing for its residents; it creates a caring and active environment. Through its continuum of lifestyle programs, it ensures that seniors can maintain their independence and enjoy a fulfilling retirement experience. The organization's health care programs cater to various needs, offering residents the necessary care and attention they deserve. The outstanding enrichment opportunities available at The Glenridge provide ample chances for intellectual, social, and physical growth.
In summary, The Glenridge On Palmer Ranch Inc goes beyond the role of a typical retirement community. It is a place where seniors can live, thrive, and connect with others. By offering a range of programs that cater to both their physical and emotional well-being, The Glenridge ensures its members can lead engaging and fulfilling lives.
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Impact
October, 2024
The Glenridge on Palmer Ranch Inc. significantly enhances the quality of life for its members by creating an active and caring community. It achieves this through a comprehensive continuum of quality lifestyle and healthcare programs, along with a range of enrichment opportunities tailored to meet the diverse needs of residents.
Located in Sarasota, Florida, The Glenridge consists of approximately 416 living and nursing units, ensuring that residents have access to both housing and essential healthcare services. This structure supports a sense of security and well-being, allowing individuals to thrive in their later years.
The organization's commitment to providing a supportive environment fosters social connections and promotes overall health, significantly benefiting the local community by enhancing the lives of its seniors. Through its well-structured programs and services, The Glenridge not only meets the physical needs of residents but also encourages engagement and fulfillment in daily life.
This information is meant to be a general summary of The Glenridge On Palmer Ranch 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 2023.
- Investment Income: $1,002,448
- Program Service Revenue: $44,080,176
- Gross Receipts: $45,671,895
Assets and Liabilities:
- Total Assets: $194,012,729
- Total Liabilities: $296,883,337
- Net Assets: -$102,870,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$23,357,619
AMORTIZATION OF ADVANCE FEES
Revenue
$12,325,921
HEALTHCARE SERVICES
Revenue
$7,874,722
OTHER SERVICES
Revenue
$521,914
Organization Details
Founding Year
1997
Principal Officer
Jonathan A Corbin
Website
www.theglenridge.comNTEE Category
Code: P75 - Human services
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