Overview
What is Winchester Retirement Place Inc?
Winchester Retirement Place Inc, situated in Winchester, Kentucky, is a nonprofit organization that offers an assisted living community for elderly adults. They provide both apartments for rental and cottages for purchase. The primary goal of this organization is to offer a supportive living environment, catering to the needs of older adults. With a dedicated workforce of 36 individuals, Winchester Retirement Place Inc ensures that its residents have access to a comfortable and nurturing living space.
Official website here: www.brooksplace.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Winchester Retirement Place Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based solely on their Accountability & Finance metrics, indicating a strong commitment to financial transparency and responsible management of resources. The high score suggests that donors can expect a well-managed organization that prioritizes accountability.
The organization excels in several key areas, including having a fully independent board, which comprises 100% independent members. They also demonstrate strong practices in conflict of interest policies, whistleblower protections, and document retention. Additionally, their program expense ratio of 92.87% indicates that the vast majority of their funds are allocated towards program services rather than administrative expenses.
Despite these strengths, the rating is limited to the Accountability & Finance beacon, meaning there may be other areas of performance that are not evaluated in this score. Potential donors and supporters might want to consider other aspects such as program effectiveness or community impact for a more comprehensive view of the nonprofit's overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Winchester Retirement Place Inc legitimate?
Winchester Retirement Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winchester Retirement Place 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $788,075
For more financial information, click here
Official website here: www.brooksplace.org
What is the mission statement of Winchester Retirement Place Inc?
Winchester Retirement Place Inc's mission is centered around providing an assisted living community for older adults. They offer both apartments for rent and cottages for sale, aiming to cater to various needs and preferences within this demographic. The community is designed to offer a living environment that supports older adults, providing them with the necessary assistance they may require. This mission reflects a commitment to enhancing the quality of life for older adults, offering them a supportive and comfortable living environment.
Official website here: www.brooksplace.org
Who is the CEO of Winchester Retirement Place Inc?
Chris Davis is the President of Winchester Retirement Place Inc.
Official website here: www.brooksplace.org
What is the revenue of Winchester Retirement Place Inc?
Winchester Retirement Place Inc's revenue in 2022 was $2,081,057.
Official website here: www.brooksplace.org
Who are the executives of Winchester Retirement Place Inc and what are their salaries?
The average compensation at Winchester Retirement Place Inc during 2022 was $24,530. There are 36 employees at Winchester Retirement Place Inc.
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Official website here: www.brooksplace.org
Where can I find the form 990 for Winchester Retirement Place Inc?
Winchester Retirement Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brooksplace.org
Learn more at the official website: www.brooksplace.org
Mission Statement of Winchester Retirement Place Inc
Winchester Retirement Place Inc, a dedicated organization, is committed to providing an assisted living community for older adults. They offer a variety of living options to cater to different needs, with apartments available for rent and cottages up for sale. This community aims to offer a supportive and comfortable environment for seniors, ensuring they can maintain their independence while receiving necessary assistance when required. By providing both rental apartments and cottage homes for purchase, Winchester Retirement Place Inc ensures it can accommodate a wide range of financial situations, making assisted living an accessible option for many older adults.
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Impact
July, 2024
Winchester Retirement Place Inc provides an assisted living community for older adults with apartments for rent and cottages for sale in Winchester, Kentucky. Their impact lies in creating a supportive and comfortable environment for elderly individuals who may require additional assistance while also offering housing options tailored to their needs. By offering a range of living options, Winchester Retirement Place Inc contributes to enhancing the quality of life for the elderly in the community, ensuring they can age with dignity and independence.
This information is meant to be a general summary of Winchester Retirement Place 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: $2,955
- Program Service Revenue: $1,383,023
- Gross Receipts: $3,698,164
Assets and Liabilities:
- Total Assets: $2,943,506
- Total Liabilities: $904,277
- Net Assets: $2,039,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FROM ASSISTED LIVING FACILIT
Revenue
$1,339,873
DINING ROOM GROSS REVENUE
Revenue
$10,272
HAIR SALON FOR TENANTS
Revenue
$3,828
Organization Details
Founding Year
2000
Phone
(859) 745-4904Principal Officer
Chris Davis
Main Address
200 ROSEMARY DRIVE, WINCHESTER, KY, 40391
Website
www.brooksplace.orgNTEE Category
Code: L22 - Housing
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