Overview
What is United Methodist Retirement Community Inc?
United Methodist Retirement Community Inc, operating under the name Wesley Village, is a nonprofit organization situated in Wilmore, Kentucky. Their primary focus is the development, construction, and management of a comprehensive continuing care retirement community. This community includes independent living facilities, personal care homes, and full-care nursing facilities, ensuring a range of accommodations to cater to different needs as individuals age. With a workforce of 153 dedicated employees, Wesley Village strives to provide a supportive living environment for seniors, offering them a sense of community and care.
Official website here: www.wvillage.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 81% (Three-Star out of Four Stars)**tar)**
United Methodist Retirement Community Inc, operating as Wesley Village, has received a three-star rating from Charity Navigator, indicating it meets standards for accountability and finance. The organization boasts an entirely independent board and excels in several financial oversight categories, achieving high marks for its robust audit and oversight procedures. However, it has been noted that while it has a solid program expense ratio, it struggles with a high liabilities-to-assets ratio, which raises concerns about financial sustainability.
The organization demonstrates a strong commitment to governance, with several policies in place for conflict of interest, whistleblower protection, and document retention, signaling transparency and ethical practices. Nevertheless, the absence of its tax form on the nonprofit's website is a significant limitation that impacts its overall accountability score.
Not Available.
This AI summary has been generated from information found on Charity Navigator.
Is United Methodist Retirement Community Inc legitimate?
United Methodist Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United Methodist Retirement Community 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: $143,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,700,764
For more financial information, click here
Official website here: www.wvillage.org
What is the mission statement of United Methodist Retirement Community Inc?
United Methodist Retirement Community Inc, operating as Wesley Village, is committed to the development, construction, and management of a continuing care retirement community. Their mission encompasses providing a comprehensive range of living options, including independent living, personal care facilities, and a full-care nursing facility, all within this community. By doing so, they aim to cater to the varying needs of retirees, offering them a suitable living environment as they progress through different stages of their retirement years.
Official website here: www.wvillage.org
Who is the CEO of United Methodist Retirement Community Inc?
Glenda Creech is the Chairman of United Methodist Retirement Community Inc. The CEO's salary of United Methodist Retirement Community Inc is $137,211 and their total compensation is $143,454.
Official website here: www.wvillage.org
What is the revenue of United Methodist Retirement Community Inc?
United Methodist Retirement Community Inc's revenue in 2022 was $9,473,748.
Official website here: www.wvillage.org
Who are the executives of United Methodist Retirement Community Inc and what are their salaries?
The average compensation at United Methodist Retirement Community Inc during 2022 was $25,126. There are 153 employees at United Methodist Retirement Community Inc.
Here are 17 key members and their salaries (United Methodist Retirement Community Inc's CEO's salary is $137,211 and their total compensation is $143,454):
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- Compensation: $137,211
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- Other: $6,243
Official website here: www.wvillage.org
Where can I find the form 990 for United Methodist Retirement Community Inc?
United Methodist Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wvillage.org
Learn more at the official website: www.wvillage.org
Mission Statement of United Methodist Retirement Community Inc
United Methodist Retirement Community Inc, doing business as Wesley Village, is dedicated to fulfilling its mission. This mission centers around the development, construction, and management of a continuing care retirement community. In layman's terms, Wesley Village is committed to creating and maintaining an environment that caters to the needs of retirees, offering them independent living, personal care, and full nursing facility options. By managing this comprehensive retirement community, Wesley Village aims to provide elderly individuals with a comfortable and supportive living situation, ensuring they can age gracefully and with the necessary care.
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Impact
July, 2024
United Methodist Retirement Community Inc Dba Wesley Village's impact is primarily focused on providing essential human services by developing, constructing, and managing a continuing care retirement community. Through the operation of independent living, personal care, and nursing facilities, Wesley Village plays a crucial role in supporting the well-being and quality of life of elderly individuals in the WILMORE, KY area. Their mission is centered around creating a supportive and caring environment for seniors in need of various levels of care, ensuring they lead fulfilling and comfortable lives as they age.
This information is meant to be a general summary of United Methodist Retirement Community 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: $1,189,757
- Program Service Revenue: $7,550,980
- Gross Receipts: $9,485,127
Assets and Liabilities:
- Total Assets: $23,742,075
- Total Liabilities: $21,259,144
- Net Assets: $2,482,931
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Charges
Revenue
$6,660,615
Amort- Life Use Fees
Revenue
$890,365
Organization Details
Founding Year
1988
Phone
(859) 858-3865Principal Officer
Glenda Creech
Main Address
1125 Lexington Road, Wilmore, KY, 40360
Website
www.wvillage.orgNTEE Category
Code: P750 - Human services
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