nonprofit logo

Liberty Ridge Senior Living Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 611340533 ✦ Lexington, KY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Liberty Ridge Senior Living Inc?

Liberty Ridge Senior Living Inc, based in Lexington, Kentucky, is a dedicated nonprofit organization that offers residential housing and essential services to senior citizens. With a team of 55 dedicated individuals, they strive to enhance the living experience of older adults by providing a supportive and comfortable environment. Their mission encompasses offering basic services to ensure the well-being and comfort of their senior residents. The exact nature of these services and the specific support they offer are not specified in the information provided, but it is clear that Liberty Ridge Senior Living Inc is committed to making a positive impact on the lives of senior citizens in their community.


Official website here: www.libertyridge.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

Liberty Ridge Senior Living Inc has received a One-Star rating from Charity Navigator, reflecting a score of 58%. While the organization demonstrates strong governance through a fully independent board and adherence to several key accountability practices, it has significant weaknesses in its financial health, as indicated by a high liabilities-to-assets ratio of 98.67%. This raises concerns about the organization's overall fiscal sustainability.

Strengths include a solid program expense ratio of 84.72%, showing that a large portion of expenses are directed toward program services rather than administrative costs. Moreover, the presence of essential policies, such as a conflict of interest policy and transparent board meeting minutes, indicates a commitment to ethical governance and accountability. However, the absence of a whistleblower policy and a document retention policy suggests areas for improvement in organizational transparency and risk management.

Overall, while Liberty Ridge Senior Living Inc has strengths in governance and program expense allocation, its financial vulnerabilities and missing policies may deter potential supporters. Increasing fiscal responsibility and enhancing governance frameworks could strengthen its standing and effectiveness within the community it serves.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Liberty Ridge Senior Living Inc?

98% of 38 reviewers on Facebook recommend Liberty Ridge Senior Living Inc. Here is a summary of their reviews:

Reviewers consistently highlight the beautiful facility and commend the incredible staff for their dedication to providing the best care possible for residents. Many express appreciation for the warm and joyful atmosphere, specifically noting the positive impact of the Memory Care and Assisted Living services.

Overall, feedback reflects a deep sense of honor in being part of the Liberty Ridge community, with strong encouragement for others to tour the facility and consider it for their loved ones. The sentiment is overwhelmingly positive, showcasing a commitment to quality care and a supportive environment.


This AI summary has been generated from reviews found on Facebook.

Is Liberty Ridge Senior Living Inc legitimate?

Liberty Ridge Senior Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Ridge Senior Living 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: $82,491
Professional Fundraising Fees: $0
Other Salaries and Wages: $819,413

For more financial information, click here


Official website here: www.libertyridge.com

What is the mission statement of Liberty Ridge Senior Living Inc?

Liberty Ridge Senior Living Inc. is committed to providing residential housing and essential services to senior citizens. Their mission is centered around ensuring the comfort and care of elderly individuals, offering them a living space accompanied by necessary amenities. The organization strives to enhance the quality of life for senior citizens, providing them with a supportive environment. Their activities primarily focus on meeting the basic needs of this demographic, ensuring they can live with dignity and independence.


Official website here: www.libertyridge.com

Who is the CEO of Liberty Ridge Senior Living Inc?

Kyle Lee is the Trustee/Chairman of Liberty Ridge Senior Living Inc.


Official website here: www.libertyridge.com

What is the revenue of Liberty Ridge Senior Living Inc?

Liberty Ridge Senior Living Inc's revenue in 2022 was $2,702,927.


Official website here: www.libertyridge.com

Who are the executives of Liberty Ridge Senior Living Inc and what are their salaries?

The average compensation at Liberty Ridge Senior Living Inc during 2022 was $16,398. There are 55 employees and 14 volunteers at Liberty Ridge Senior Living Inc.


Here are 7 key members and their salaries:


Kyle Lee (Trustee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cleda Flener (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Kespelher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patsy Duagherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Lambert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lawrence (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri Schneider (Community Director)
  • Compensation: $82,491
  • Related: $0
  • Other: $0


Official website here: www.libertyridge.com

Where can I find the form 990 for Liberty Ridge Senior Living Inc?

Liberty Ridge Senior Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.libertyridge.com

Learn more at the official website: www.libertyridge.com

Mission Statement of Liberty Ridge Senior Living Inc

Liberty Ridge Senior Living Inc, as a nonprofit organization, is dedicated to providing residential housing and essential services to senior citizens. Their mission is centered around offering a living space and fundamental necessities to the elderly community. By doing so, they aim to enhance the quality of life for senior citizens, ensuring they have a secure and comfortable environment to call home.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




July, 2024

Liberty Ridge Senior Living Inc provides residential housing and basic services to senior citizens in Lexington, KY. Their impact can be seen in the improved quality of life of the seniors they serve, offering them a safe and comfortable living environment along with necessary care and support. By providing these essential services, Liberty Ridge Senior Living Inc contributes to the well-being and happiness of senior citizens in the community.




This information is meant to be a general summary of Liberty Ridge Senior Living 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.

Revenue
$2,702,927 (2022)
Expenses
$3,135,280 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,466
  • Program Service Revenue: $2,691,455
  • Gross Receipts: $2,702,927

Assets and Liabilities:

  • Total Assets: $11,997,901
  • Total Liabilities: $11,502,750
  • Net Assets: $495,151

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$2,691,455

Organization Details

Founding Year

1999

Principal Officer

Kyle Lee

Main Address

701 Liberty Road, Lexington, KY, 405094329

NTEE Category

Code: P75 - Human services

If you are a representative of Liberty Ridge Senior Living Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.