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Harding Place Inc

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

EIN: 710780709 ✦ Searcy, AR ✦ Designated as a 501(c)(3)

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Overview

What is Harding Place Inc?

Harding Place Inc, situated in Searcy, Arkansas (72143), is a nonprofit organization that specializes in catering to the needs of mature individuals aged 55 and above. This esteemed institution offers comprehensive living facilities, inclusive of nutritious meals, salon services, housekeeping, planned activities, transportation, and exercise equipment. The primary purpose of Harding Place Retirement, as stated by the organization, is to provide high-quality, value-driven, and budget-friendly residential alternatives for senior adults, tailoring to the specific requirements of its prospective residents. With a dedicated workforce of 41 employees, Harding Place Retirement is committed to enhancing the quality of life for its senior residents.


Official website here: www.hardingplace.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82%, Three-Star out of Four Star rating.

Harding Place Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial management. The organization excels particularly in governance, with a fully independent board and robust auditing practices. The high marks in areas such as conflict of interest policy and documentation retention further underscore its commitment to transparency and ethical operations.

Financially, Harding Place Inc demonstrates a strong program expense ratio of nearly 85%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. However, the organization has a liability to asset ratio of 69.04%, which may signal some financial risk or leverage concerns. This aspect could be a potential limitation for stakeholders considering the long-term sustainability of the organization.

Overall, Harding Place Inc shows effective management and operational integrity. While there are areas for improvement in financial ratios, the charity's strong performance in governance and program funding positions it well within the nonprofit sector.


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

What do the Facebook reviews say about Harding Place Inc?

96% of 20 reviewers on Facebook recommend Harding Place Inc. Here is a summary of their reviews:

The overall sentiment reflects a high level of satisfaction from families who have chosen Harding Place for their loved ones. Many express gratitude for the attentive care provided by the staff, indicating that the environment is both nurturing and supportive. The quality of food served at the facility is frequently highlighted, with comments about the personal touches from servers that enhance the dining experience.

Overall, Harding Place appears to deliver on its promises, with families feeling reassured about the well-being of their relatives in the care of this nonprofit. The positive feedback emphasizes that they are making a significant difference in the lives of residents and their families alike.


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

Is Harding Place Inc legitimate?

Harding Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harding 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,176,574

For more financial information, click here


Official website here: www.hardingplace.org

What is the mission statement of Harding Place Inc?

Harding Place Inc's mission is centered around offering exceptional, economical, and value-driven residential options for older adults, catering to their specific requirements. The organization strives to provide a comprehensive living environment for individuals aged 55 and above, including essential services such as meals, salon services, housekeeping, organized activities, transportation, and exercise equipment.


Official website here: www.hardingplace.org

Who is the CEO of Harding Place Inc?

Michael D Williams is the Principal Officer of Harding Place Inc.


Official website here: www.hardingplace.org

What is the revenue of Harding Place Inc?

Harding Place Inc's revenue in 2022 was $3,225,373.


Official website here: www.hardingplace.org

Who are the executives of Harding Place Inc and what are their salaries?

The average compensation at Harding Place Inc during 2022 was $28,697. There are 41 employees and 3 volunteers at Harding Place Inc.


Here are 7 key members and their salaries:


Bruce Mclarty (President)
  • Compensation: $0
  • Related: $262,518
  • Other: $0
Tamara Hall (Secretary)
  • Compensation: $0
  • Related: $144,194
  • Other: $39,535
David Burks (President)
  • Compensation: $0
  • Related: $99,977
  • Other: $25,076
John Simmons (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Justus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Waldron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.hardingplace.org

Where can I find the form 990 for Harding Place Inc?

Harding Place Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hardingplace.org

Learn more at the official website: www.hardingplace.org

Mission Statement of Harding Place Inc

Harding Place Retirement is dedicated to delivering exceptional, value-focused, and affordable residential options for senior adults, catering to their specific requirements. This nonprofit organization's primary mission is to offer a comprehensive living solution for individuals aged 55 and above, encompassing meals, salon services, housekeeping, planned activities, transportation, and exercise equipment. By prioritizing affordability and tailoring services to meet the needs of its residents, Harding Place Retirement strives to provide a fulfilling and enriching living experience for its elderly population.

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Impact




July, 2024

Harding Place Inc's impact lies in its provision of exceptional, value-centered, and cost-effective residential alternatives for older adults. By offering complete living facilities for mature individuals over 55 years of age, including meals, salon services, housekeeping, planned activities, transportation, and exercise equipment, Harding Place Inc plays a crucial role in meeting the identified needs of prospective residents in SEARCY, AR. Through its focus on housing and creating a supportive environment for older adults, Harding Place Inc positively contributes to the well-being and quality of life of its community members.




This information is meant to be a general summary of Harding 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.

Revenue
$3,225,373 (2022)
Expenses
$3,237,821 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $3,225,373
  • Gross Receipts: $3,225,373

Assets and Liabilities:

  • Total Assets: $4,760,531
  • Total Liabilities: $3,241,785
  • Net Assets: $1,518,746

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Programs

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

Rental Income

Revenue

$3,225,373

Organization Details

Founding Year

1995

Principal Officer

Michael D Williams

Main Address

801 S Benton Avenue, Searcy, AR, 72143

NTEE Category

Code: L22 - Housing

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