Overview
What is Redstone Village F/K/A Redstone Military Retirement?
Redstone Village, formerly known as Redstone Military Retirement, is a nonprofit organization situated in Huntsville, Alabama. They operate a Continuing Care Retirement Community, offering housing solutions and essential services for senior adults. The community comprises 127 independent living apartments, 21 patio homes, 60 combined assisted living and catered living units, a 48-bed memory support assisted living center, and a 56-bed skilled nursing center. The organization's mission is to cater to the needs of elderly individuals in Alabama by providing housing, healthcare, and related services, enhancing their overall well-being, including physical, mental, security, and happiness. The community offers various services, such as food preparation and service, activities, housekeeping, maintenance, and transportation. In total, Redstone Village employs 366 people.
Official website here: www.redstonevillage.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Redstone Village, formerly known as Redstone Military Retirement, has received a solid Three-Star rating from Charity Navigator, reflecting a commendable commitment to accountability and financial practices. The organization scored 81% in its Accountability & Finance category, indicating a strong governance structure and financial transparency. Notably, it boasts a fully independent board and adheres to robust policies regarding conflicts of interest, whistleblower protections, and document retention.
The organization demonstrates a high program expense ratio of 86.75%, showcasing that a significant portion of its resources is directed towards fulfilling its mission. However, the organization faces some challenges, as indicated by its liabilities to assets ratio, which stands at 210.25%. This suggests potential financial risk, and stakeholders may want to consider this aspect when evaluating the organization’s overall financial health.
Overall, while Redstone Village excels in transparency and governance, potential donors should be aware of its financial liabilities. The organization’s strong compliance with various accountability measures positions it well for continued trust among its supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Redstone Village F/K/A Redstone Military Retirement?
92% of 23 reviewers on Facebook recommend this nonprofit, Redstone Village F/K/A Redstone Military Retirement. This demonstrates a strong sense of community amongst residents who express deep appreciation for the support they receive from both peers and management.
One reviewer highlighted a personal experience, noting how the community rallied around them during a difficult time, emphasizing a familial bond that extends beyond shared living. Many testimonials reflect a sentiment of gratitude for the friendships formed and the compassion of the staff, indicating that the nonprofit truly fosters a nurturing and supportive environment for its members.
Overall, this nonprofit appears to effectively deliver on its promise of community and care, making it a valued place for its residents. The positive experiences shared highlight the meaningful connections and the assistance available during challenging life events.
This AI summary has been generated from reviews found on Facebook.
Is Redstone Village F/K/A Redstone Military Retirement legitimate?
Redstone Village F/K/A Redstone Military Retirement is a legitimate nonprofit organization registered as a 501(c)(3) entity. Redstone Village F/K/A Redstone Military Retirement 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: $8,521,562
For more financial information, click here
Official website here: www.redstonevillage.org
What is the mission statement of Redstone Village F/K/A Redstone Military Retirement?
Redstone Village, formerly known as Redstone Military Retirement, is dedicated to providing housing, healthcare, and related services for the elderly. Their mission is to enhance the health, security, happiness, and overall well-being of senior adults. Through the operation of a continuing care retirement community, they offer various levels of assistance, including independent living, assisted living, memory support, and skilled nursing care. Residents are provided with essential services such as food preparation and service, activities, housekeeping, maintenance, and transportation. Redstone Village aims to promote the well-being of elderly individuals, contributing significantly to their quality of life.
Official website here: www.redstonevillage.org
What is the revenue of Redstone Village F/K/A Redstone Military Retirement?
Redstone Village F/K/A Redstone Military Retirement's revenue in 2023 was $23,352,079.
Official website here: www.redstonevillage.org
Who are the executives of Redstone Village F/K/A Redstone Military Retirement and what are their salaries?
The average compensation at Redstone Village F/K/A Redstone Military Retirement during 2023 was $23,347. There are 365 employees and 71 volunteers at Redstone Village F/K/A Redstone Military Retirement.
Here are 17 key members and their salaries:
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- Other: $17,471
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- Other: $16,500
- Compensation: $105,609
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- Other: $16,500
- Compensation: $103,700
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- Other: $8,747
- Compensation: $110,512
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Official website here: www.redstonevillage.org
Where can I find the form 990 for Redstone Village F/K/A Redstone Military Retirement?
Redstone Village F/K/A Redstone Military Retirement's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.redstonevillage.org
Learn more at the official website: www.redstonevillage.org
Mission Statement of Redstone Village F/K/A Redstone Military Retirement
Redstone Village, a continuing care retirement community, is dedicated to enhancing the lives of elderly individuals in Alabama. With a mission to provide housing, healthcare, and related services, the organization contributes significantly to the health, security, happiness, and overall well-being of its residents.
At the heart of Redstone Village's operations is a comprehensive community in Huntsville, Alabama. This vibrant retirement community consists of various living arrangements, including 127 independent living apartment units, 21 patio homes, 60 combined assisted living and catered living apartment units, a 48-bed memory support assisted living center, and a 56-bed skilled nursing center.
Redstone Village goes beyond just housing its residents, offering a range of essential services to ensure their well-being. These services include food preparation and service, engaging activities, housekeeping, maintenance, and transportation. All of these offerings are designed to contribute to the residents' happiness and physical wellness, which is the ultimate goal of Redstone Village.
Redstone Village's commitment to its residents is unwavering. By providing housing, healthcare, and related services, the organization creates an environment that fosters safety, comfort, and a sense of community for its elderly population. This approach not only addresses the physical needs of its residents but also caters to their mental and emotional well-being, making Redstone Village a valuable resource for the elderly in Alabama.
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Impact
October, 2024
Redstone Village significantly impacts the elderly population in Huntsville, Alabama, by offering a comprehensive range of housing and healthcare services tailored to seniors. The community is designed to fulfill the diverse needs of older residents through a continuum of care that includes independent living, assisted living, memory support, and skilled nursing services.
With 127 independent living apartments and 21 patio homes, seniors can maintain their autonomy while benefiting from a supportive community environment. The addition of 60 combined assisted living and catered living units, along with specialized memory support and skilled nursing facilities, ensures that residents have access to the appropriate level of care as their needs change over time.
The services provided—such as meal preparation, housekeeping, maintenance, and transportation—contribute to residents' overall health, security, and happiness. This holistic approach enhances physical and mental well-being, fostering a sense of community and support among residents. By focusing on these aspects, Redstone Village not only meets the immediate needs of its residents but also promotes a fulfilling lifestyle, allowing seniors to thrive in their later years.
This information is meant to be a general summary of Redstone Village F/K/A Redstone Military Retirement. 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: $377,339
- Program Service Revenue: $22,893,317
- Gross Receipts: $23,391,910
Assets and Liabilities:
- Total Assets: $75,839,783
- Total Liabilities: $145,359,497
- Net Assets: -$69,519,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICES
Revenue
$7,362,619
SKILLED NURSING REVENUES
Revenue
$6,767,962
ASSISTED LIVING FEES
Revenue
$5,646,482
EARNED ENTRANCE FEES
Revenue
$2,915,668
OTHER RESIDENT REVENUE
Revenue
$200,586
Organization Details
Founding Year
1994
Principal Officer
Col Usa Ret Arthur C
Website
www.redstonevillage.orgNTEE Category
Code: L22 - Housing
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