Overview
What is St Andrews Place Retirement Community Inc?
St. Andrews Place Retirement Community Inc. is a nonprofit organization situated in Richmond, Kentucky, with a specific focus on catering to the needs of the elderly and handicapped population. The organization offers specialized housing facilities and services tailored to meet their physical, social, spiritual, and psychological needs. By providing these resources, St. Andrews Place aims to enhance the health, security, happiness, and overall usefulness of its residents, promoting their well-being in their longer living years. The community serves as a sanctuary where elderly and handicapped individuals can find support, care, and a sense of purpose in their later life stages.
Official website here: www.standrewsplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
St Andrews Place Retirement Community Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization boasts an impressive score of 92% in its Accountability & Finance metrics, indicating a high level of transparency and effective management of resources. Such a rating is significant as it suggests that the community is utilizing its funds efficiently to support its mission.
The nonprofit has demonstrated outstanding governance practices, with 100% of its board members being independent. This independence is crucial for maintaining objectivity and reducing conflicts of interest within the organization. Additionally, St Andrews Place has no reported material diversions of assets, and its financial oversight is robust, as evidenced by a fully compliant audit and oversight committee.
However, there is a noted limitation in the absence of a whistleblower policy, which could enhance the organization's accountability framework. Despite this, the overall financial metrics, such as a low liabilities-to-assets ratio and a high program expense ratio, indicate that the nonprofit prioritizes its mission and is committed to effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is St Andrews Place Retirement Community Inc legitimate?
St Andrews Place Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Andrews Place 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:
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For more financial information, click here
Official website here: www.standrewsplace.org
What is the mission statement of St Andrews Place Retirement Community Inc?
St. Andrews Place Retirement Community Inc. is dedicated to providing specialized housing and services for the elderly and handicapped individuals. The organization's mission is to cater to their physical, social, spiritual, and psychological needs, promoting their health, security, happiness, and overall usefulness in their longer living. The community aims to create an environment that fosters their well-being and supports their personal growth and satisfaction.
Official website here: www.standrewsplace.org
Who is the CEO of St Andrews Place Retirement Community Inc?
Gilbert Shew is the President of St Andrews Place Retirement Community Inc.
Official website here: www.standrewsplace.org
What is the revenue of St Andrews Place Retirement Community Inc?
St Andrews Place Retirement Community Inc's revenue in 2022 was $1,591,883.
Official website here: www.standrewsplace.org
Who are the executives of St Andrews Place Retirement Community Inc and what are their salaries?
There 12 volunteers at St Andrews Place Retirement Community Inc.
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Official website here: www.standrewsplace.org
Where can I find the form 990 for St Andrews Place Retirement Community Inc?
St Andrews Place Retirement Community Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.standrewsplace.org
Learn more at the official website: www.standrewsplace.org
Mission Statement of St Andrews Place Retirement Community Inc
St. Andrews Place Retirement Community Inc is dedicated to providing suitable housing facilities and services tailored to meet the physical, social, spiritual, and psychological needs of the elderly and handicapped individuals. The organization's mission is to promote their health, security, happiness, and usefulness in longer living. By offering specialized accommodations and support, St. Andrews Place Retirement Community Inc aims to enhance the quality of life for its residents, ensuring they maintain a sense of well-being and purpose in their later years.
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Impact
July, 2024
St Andrews Place Retirement Community Inc positively impacts the lives of elderly and handicapped individuals by providing housing facilities and services tailored to meet their physical, social, spiritual, and psychological needs. By promoting their health, security, happiness, and usefulness in longer living, St Andrews Place enhances the well-being and quality of life for those they serve.
This information is meant to be a general summary of St Andrews Place 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: $143
- Program Service Revenue: $1,591,500
- Gross Receipts: $1,591,883
Assets and Liabilities:
- Total Assets: $2,291,626
- Total Liabilities: $5,982
- Net Assets: $2,285,644
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONDO SALES
Revenue
$1,576,000
DEPOSIT INCOME
Revenue
$15,500
Organization Details
Founding Year
1991
Phone
(859) 625-1400Principal Officer
Gilbert Shew
Main Address
300 STOCKER DRIVE, RICHMOND, KY, 40475
Website
www.standrewsplace.orgNTEE Category
Code: L22 - Housing
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