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Oakwood Retirement Village

Golden Oaks Village

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

EIN: 731397021 ✦ Enid, OK ✦ Designated as a 501(c)(3)

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Overview

What is Oakwood Retirement Village?

Oakwood Retirement Village, operating under the name Golden Oaks Village, is a nonprofit retirement community located in Enid, Oklahoma. Spanning over 110 acres, it provides a serene environment with two stocked fishing lakes, a golf driving range, and various living options. The services offered include independent living, residential care, assisted living, long-term care, and short-term rehabilitation. In 2022, they served 156 independent living residents, 14 seniors in residential care, 42 individuals in assisted living, 117 residents in long-term care, and 108 short-term rehabilitation patients. Their mission is to provide compassionate care and a nurturing workplace, all while operating in a manner consistent with biblical principles and values. They honor the Lord in their operations, offer loving care to residents, respect their employees, and provide a positive workplace environment. Golden Oaks Village also extends assistance to the broader Enid community through various programs, such as providing senior support, supporting charitable causes, and offering their fitness center to local seniors. Their compassionate nature is also reflected in their initiatives, such as distributing quilts to veterans, stillborn babies, and cancer patients.


Official website here: www.goldenoaks.com

Is Oakwood Retirement Village legitimate?

Oakwood Retirement Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakwood Retirement Village 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: $123,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,899,291

For more financial information, click here


Official website here: www.goldenoaks.com

What is the mission statement of Oakwood Retirement Village?

Oakwood Retirement Village, also known as Golden Oaks Village, is committed to providing compassionate care and service to its residents while fostering a nurturing work environment for its employees. This is achieved by operating in a manner consistent with biblical principles and values. The village honors God in all its actions, providing loving care and respect to its residents, treating employees and their families with respect and dignity, and creating a workplace environment that encourages, values, and blesses its employees. Additionally, Oakwood Retirement Village strives to offer a reasonably priced living environment consistent with biblical standards, treating everyone as Jesus instructed by doing unto others as one would want done to oneself. The village believes that its survival and the blessings it has received are a direct result of adhering to biblical principles within its culture.


Official website here: www.goldenoaks.com

Who is the CEO of Oakwood Retirement Village?

Chad West is the Executive Director End:07/22 of Oakwood Retirement Village.


Official website here: www.goldenoaks.com

What is the revenue of Oakwood Retirement Village?

Oakwood Retirement Village's revenue in 2022 was $8,821,837.


Official website here: www.goldenoaks.com

Who are the executives of Oakwood Retirement Village and what are their salaries?

The average compensation at Oakwood Retirement Village during 2022 was $24,383. There are 247 employees and 5 volunteers at Oakwood Retirement Village.


Here are 8 key members and their salaries:


Mark Gray (Executive Director End:07/22)
  • Compensation: $68,057
  • Related: $0
  • Other: $0
Dawn Ann Mendenhall (Exec. Director 7/22-10/22)
  • Compensation: $43,905
  • Related: $0
  • Other: $0
Chad West (Executive Director Start:11/22)
  • Compensation: $11,336
  • Related: $0
  • Other: $0
Buddy Nicholas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Lillie (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Lillie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Lillie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Evans (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goldenoaks.com

Where can I find the form 990 for Oakwood Retirement Village?

Oakwood Retirement Village's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goldenoaks.com

Learn more at the official website: www.goldenoaks.com

Mission Statement of Oakwood Retirement Village

Oakwood Retirement Village, also known as Golden Oaks Village, is dedicated to providing compassionate care and service to its residents while fostering a nurturing workplace for its employees. The organization operates with biblical principles and values at its core, striving to honor God in all its actions. Its commitment to its residents is evident in its provision of loving care and respect, ensuring every resident feels valued and respected.

In addition to its commitment to residents, Oakwood Retirement Village treats its employees and their families with respect and dignity, creating a workplace environment that encourages, values, and blesses its workforce. The organization understands that its success and survival are a result of its adherence to biblical principles, and it believes that treating others as one would want to be treated is a fundamental guideline, as instructed by Jesus in Matthew 7:12.

In summary, Oakwood Retirement Village, guided by its commitment to biblical principles, aims to provide compassionate care and service to its residents while fostering a nurturing workplace for its employees. The organization's mission is to honor God, treat all individuals with respect and dignity, and create a positive and supportive environment for its employees and residents.

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Impact




July, 2024

Oakwood Retirement Village, operating as Golden Oaks Village in Enid, Oklahoma, has a significant impact on the community through its various programs and services.

The retirement village provides compassionate care and services to its residents, offering a range of options from independent living to long-term care and short-term rehabilitation services. Additionally, they aim to create a nurturing workplace for employees, operating in a manner consistent with biblical principles and values.

Golden Oaks Village actively participates in community benefit programs, raising funds for organizations like the Alzheimer's Association, the National Arthritis Foundation, and the Fallen Heroes Program. They also engage in activities like providing handmade quilts for veterans and support programs for stillborn babies, cancer patients, and hospice patients.

Furthermore, the organization extends its impact by opening its fitness center to seniors in the greater Enid community, providing a safe space for them to improve their well-being independently. They also offer temporary compassionate housing for families displaced by inclement weather or natural disasters.

Overall, Oakwood Retirement Village, through Golden Oaks Village, positively impacts both its residents and the broader community by providing essential care services and actively participating in programs that benefit those in need.




This information is meant to be a general summary of Oakwood Retirement Village. 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
$8,821,837 (2022)
Expenses
$10,843,042 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $62
  • Program Service Revenue: $8,353,035
  • Gross Receipts: $8,821,837

Assets and Liabilities:

  • Total Assets: $5,803,615
  • Total Liabilities: $8,109,613
  • Net Assets: -$2,305,998

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Programs

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

RESIDENTIAL CARE

Revenue

$8,353,035

Organization Details

Founding Year

1992

Principal Officer

Chad West

Main Address

5801 North Oakwood Rd, Enid, OK, 73703

NTEE Category

Code: P70 - Human services

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