Overview
What is Parkway Village Inc?
Parkway Village Inc, located at 14300 Chenal Parkway, Little Rock, AR, 72211, is a dedicated retirement community for the elderly. This nonprofit organization, with a workforce of 92 employees, extends beyond just housing and shelter, offering essential medical care, cultural, and recreational benefits to its residents. The mission of Parkway Village Inc is to foster a nurturing environment where the elderly can thrive, ensuring they receive the necessary care and enrichment opportunities to enhance their quality of life.
Official website here: www.baptist-health.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Parkway Village Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The overall score is derived from a comprehensive evaluation, with a particular emphasis on fiscal responsibility, achieving a high score of 96 in this category. Such a rating indicates a well-managed organization that prioritizes transparency and sound financial practices.
The data highlights several organizational strengths, including a predominantly independent board with 70% of its members meeting this criterion. Furthermore, Parkway Village Inc has robust policies in place for financial oversight, ensuring all necessary audits and conflict of interest policies are well-documented. The organization also demonstrates a healthy liabilities to assets ratio of 49.11%, indicating a solid financial standing.
While the ratings and policies painted a positive picture of Parkway Village Inc, no significant limitations were noted in the available data. This suggests that the organization is not only adhering to best practices in governance but is also effectively allocating its resources towards its mission, as evidenced by a program expense ratio of 81.31%. Overall, Parkway Village Inc appears to be a trustworthy nonprofit with a strong commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Parkway Village Inc legitimate?
Parkway Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkway Village 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: $175,585
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,545,334
For more financial information, click here
Official website here: www.baptist-health.com
What is the mission statement of Parkway Village Inc?
Parkway Village Inc is dedicated to creating a retirement community for the elderly, offering more than just housing and shelter. Residents are provided with valuable medical care and a rich array of cultural and recreational benefits. The organization's primary goal is to ensure that senior citizens live comfortably and enjoy an enriched lifestyle in their later years. By extending essential medical care and engaging opportunities for cultural and recreational growth, Parkway Village Inc aims to promote overall well-being and happiness among its elderly residents.
Official website here: www.baptist-health.com
Who is the CEO of Parkway Village Inc?
Steven Rose is the Board Member of Parkway Village Inc.
Official website here: www.baptist-health.com
What is the revenue of Parkway Village Inc?
Parkway Village Inc's revenue in 2022 was $13,034,934.
Official website here: www.baptist-health.com
Who are the executives of Parkway Village Inc and what are their salaries?
The average compensation at Parkway Village Inc during 2022 was $51,314. There are 92 employees and 25 volunteers at Parkway Village Inc.
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $2,408,284
- Other: $43,098
- Compensation: $0
- Related: $1,861,209
- Other: $40,509
- Compensation: $0
- Related: $1,096,042
- Other: $39,160
- Compensation: $158,087
- Related: $0
- Other: $17,497
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.baptist-health.com
Where can I find the form 990 for Parkway Village Inc?
Parkway Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baptist-health.com
Learn more at the official website: www.baptist-health.com
Mission Statement of Parkway Village Inc
Parkway Village Inc, a reputable retirement community, is dedicated to providing more than just housing and shelter for the elderly. With a mission to extend medical care, cultural, and recreational benefits to its residents, this organization goes above and beyond in fostering an enriching lifestyle for its elderly population.
In practice, Parkway Village Inc prioritizes the well-being of its residents by integrating healthcare services into the community. By offering comprehensive medical care, the organization ensures that its residents receive the necessary attention to maintain their health and live comfortably. The cultural and recreational aspects of Parkway Village Inc contribute significantly to the quality of life for its residents. By providing opportunities for engagement in various activities and celebrating diverse backgrounds, the organization fosters a vibrant and inclusive community.
In essence, Parkway Village Inc offers a retirement community that is more than just a place to live. It is a home where seniors can receive the care and support they need to thrive and continue to enjoy their golden years. Through its commitment to medical care, cultural, and recreational benefits, Parkway Village Inc creates an atmosphere of comfort, engagement, and overall well-being for its elderly residents.
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Impact
October, 2024
Parkway Village Inc significantly enhances the quality of life for elderly individuals in Little Rock, Arkansas, by offering a comprehensive retirement community that prioritizes both medical care and a vibrant lifestyle. Their focus on providing essential housing and shelter ensures that residents have a safe and comfortable living environment.
Beyond just accommodations, Parkway Village extends a range of medical services, ensuring that health needs are met promptly and effectively. This aspect is crucial for elderly residents, as access to medical care can greatly influence their overall well-being and longevity.
Additionally, Parkway Village fosters a sense of community through cultural and recreational activities. By promoting social engagement and offering various programs, they combat isolation often faced by seniors, enriching their lives and encouraging active participation in a supportive network.
Overall, Parkway Village Inc plays a vital role in promoting health, well-being, and a sense of belonging for the elderly, making a meaningful impact in their lives and in the community at large.
This information is meant to be a general summary of Parkway Village 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: $1,053,000
- Program Service Revenue: $11,831,335
- Gross Receipts: $25,243,269
Assets and Liabilities:
- Total Assets: $44,503,701
- Total Liabilities: $21,856,461
- Net Assets: $22,647,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Services
Revenue
$11,333,474
CAFETERIA REVENUE
Revenue
$445,647
BARBER SHOP REVENUE
Revenue
$52,214
Organization Details
Founding Year
1982
Phone
(501) 202-1626Principal Officer
Steven Rose
Main Address
14300 CHENAL PARKWAY, LITTLE ROCK, AR, 72211
Website
www.baptist-health.comNTEE Category
Code: P750 - Human services
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