Overview
What is Mirabella At South Waterfront?
Mirabella at South Waterfront is a nonprofit community dedicated to enhancing the quality of life for the elderly through comprehensive care and housing. Located in Portland, Oregon (97239), this continuing care retirement community offers various levels of service, including independent living, assisted living, and skilled nursing. Their team of over 300 employees provides essential services such as nutritious meals, nursing, housekeeping, maintenance, and other forms of support. The organization's mission is to create a secure, stimulating environment for seniors and aims to improve their overall wellbeing.
Official website here: www.retirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Mirabella At South Waterfront holds an 81% rating, which indicates a solid performance in terms of accountability and financial management. The score is derived entirely from their accountability and finance metrics, reflecting a commitment to transparency and responsible administration. A key strength is their independent board structure, achieving full marks for board independence and size, which suggests a well-governed organization.
The nonprofit has demonstrated rigorous financial oversight, with a perfect score for their audit and oversight committee and various policies aimed at accountability, such as conflict of interest and whistleblower policies. Additionally, they maintain a high program expense ratio of 86.34%, indicating that a significant portion of their resources is directed towards their programs rather than administrative costs.
However, they face a challenge with their liabilities to assets ratio, which at 155.19% resulted in a score of zero in that category. This suggests potential concerns regarding financial stability, which could impact their operations in the long run. Overall, while Mirabella At South Waterfront showcases commendable governance and financial practices, the liability issue warrants attention for continued sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Mirabella At South Waterfront legitimate?
Mirabella At South Waterfront is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mirabella At South Waterfront 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: $283,267
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,852,288
For more financial information, click here
Official website here: www.retirement.org
What is the mission statement of Mirabella At South Waterfront?
Mirabella At South Waterfront is a retirement community committed to enriching the lives of the elderly. Its primary goal is to provide care and housing for the elderly population. Residents are offered a stimulating and secure environment, where they can access high-quality services including housing, nutritious meals, nursing care, housekeeping, maintenance, and other support. The community caters to various levels of care, from independent living to assisted living and skilled nursing. Mirabella At South Waterfront strives to improve the quality of life for its residents, ensuring they receive the best possible care and assistance.
Official website here: www.retirement.org
Who is the CEO of Mirabella At South Waterfront?
Lynn Johnson is the Chair of Mirabella At South Waterfront.
Official website here: www.retirement.org
What is the revenue of Mirabella At South Waterfront?
Mirabella At South Waterfront's revenue in 2022 was $25,314,257.
Official website here: www.retirement.org
Who are the executives of Mirabella At South Waterfront and what are their salaries?
The average compensation at Mirabella At South Waterfront during 2022 was $28,819. There are 317 employees and 10 volunteers at Mirabella At South Waterfront.
Here are 11 key members and their salaries:
- Compensation: $247,087
- Related: $0
- Other: $35,595
- Compensation: $116,348
- Related: $0
- Other: $46,832
- Compensation: $138,709
- Related: $0
- Other: $16,918
- Compensation: $109,924
- Related: $0
- Other: $14,904
- Compensation: $102,385
- Related: $0
- Other: $20,180
- Compensation: $102,097
- Related: $0
- Other: $10,164
- 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.retirement.org
Where can I find the form 990 for Mirabella At South Waterfront?
Mirabella At South Waterfront's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.retirement.org
Learn more at the official website: www.retirement.org
Mission Statement of Mirabella At South Waterfront
Mirabella At South Waterfront, a continuing care retirement community, is deeply committed to enhancing the lives of the elderly population. With a primary focus on care and housing, this esteemed organization strives to create a stimulating and secure environment for its residents. Mirabella At South Waterfront offers a range of high-quality services tailored to the unique needs of its residents. These services encompass housing, nutritious meals, nursing care, housekeeping, maintenance, and various other forms of support.
The mission of Mirabella At South Waterfront is twofold. First and foremost, it aims to provide care and housing for the elderly. The organization understands the importance of a nurturing and comfortable living environment, particularly for those in their golden years. By offering these essential services, Mirabella At South Waterfront enables its residents to live with dignity and independence, ensuring they receive the care they need to thrive.
Moreover, Mirabella At South Waterfront is dedicated to offering various levels of service to cater to the diverse needs of its residents. These levels include independent living, assisted living, and skilled nursing. By providing a continuum of care, the organization ensures that residents can age in place and receive the appropriate level of support as their needs change. In essence, Mirabella At South Waterfront is more than just a retirement community; it is a vibrant and supportive community where the elderly can live their best possible lives.
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Impact
October, 2024
Mirabella At South Waterfront significantly enhances the quality of life for the elderly by providing a comprehensive continuum of care in a stimulating and secure environment. Its various services—including independent living, assisted living, and skilled nursing—ensure that residents receive the tailored support they need at different stages of their lives. By offering nutritious meals, housekeeping, maintenance, and nursing services, Mirabella fosters a holistic approach to care that addresses both the physical and emotional well-being of its residents.
Located in Portland, Oregon, Mirabella creates a vibrant community that not only meets the basic needs of its residents but also promotes social engagement and a sense of belonging. The focus on high-quality services enhances the overall living experience, allowing seniors to thrive in their later years while maintaining their independence. Furthermore, the secure environment provides peace of mind for both residents and their families, knowing that their loved ones are in a supportive and well-cared-for setting.
This information is meant to be a general summary of Mirabella At South Waterfront. 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: $302,066
- Program Service Revenue: $22,559,140
- Gross Receipts: $28,247,894
Assets and Liabilities:
- Total Assets: $163,946,297
- Total Liabilities: $254,435,633
- Net Assets: -$90,489,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$15,386,799
HEALTH CENTER
Revenue
$4,134,036
ENTRANCE FEES
Revenue
$1,929,502
HOME CARE / PRIVATE DUTY
Revenue
$470,493
GARAGE & CARPORT
Revenue
$134,197
Organization Details
Founding Year
2006
Phone
(888) 724-6424Principal Officer
Lynn Johnson
Main Address
3550 SW BOND AVENUE, PORTLAND, OR, 97239
Website
www.retirement.orgNTEE Category
Code: L22 - Housing
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