Overview
What is The Army Retirement Residence Foundation?
The Army Retirement Residence Foundation is a nonprofit organization located in San Antonio, Texas, dedicated to providing exceptional retirement living for military retirees and their spouses. Their community offers a range of essential services, including shelter, food, exercise, security, housekeeping, counseling, transportation, and other necessary living services. The foundation operates on a life-care contract, where fees cover community expenses solely, and any profit is used to fund future discounted healthcare services. The community boasts superior dining services through various venues, such as casual, bistro-style, sports bar, and retail center services. Residents, depending on their living arrangements, receive an allotted amount per month to spend on dining services. The mission of The Army Retirement Residence Foundation is to offer the finest atmosphere for retirement living, allowing residents to maintain their independence while having the freedom to use the community's services and amenities at their discretion, all at a reasonable and high-quality cost.
Official website here: www.armyresidence.com
What are the reviews and ratings of this charity?
95% rating on Charity Navigator signifies that The Army Retirement Residence Foundation has achieved a Four-Star out of Four Star rating, reflecting exceptional performance in accountability and finance. This high score indicates that the organization follows robust financial practices and demonstrates transparency in its operations, which is crucial for donor trust.
The organization excels in governance, with a fully independent board comprising 100% independent members, ensuring unbiased decision-making. Additionally, it has strong audit and oversight mechanisms in place, as evidenced by its effective financial statement management and comprehensive policies regarding conflicts of interest and whistleblowing.
One area noted for improvement is the liabilities to assets ratio, which stands at 56.93%. While it is still within an acceptable range, it may suggest that the organization could enhance its financial stability. Overall, the foundation's commitment to high program expenses (98.34%) indicates a strong focus on its mission and effective allocation of resources towards its programs.
This AI summary has been generated from information found on Charity Navigator.
Is The Army Retirement Residence Foundation legitimate?
The Army Retirement Residence Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Army Retirement Residence Foundation 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: $433,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,853,990
For more financial information, click here
Official website here: www.armyresidence.com
What is the mission statement of The Army Retirement Residence Foundation?
The Army Retirement Residence Foundation is dedicated to offering an exceptional retirement living experience for retired military members and their spouses. The community focuses on allowing residents to maintain their independence while having access to community services and amenities as desired. The foundation prides itself on providing top-notch quality services at a reasonable cost. Essential services such as shelter, food, exercise, security, housekeeping, counseling, and transportation are available. The community offers various dining venues including casual, bistro-style, sports bar, and retail center services. Residents receive an allotted amount for dining services each month. Those requiring health care and assisted living receive three meals a day, with the community covering the expenses above room rates and maintenance fees. Any excess funds are used to provide future discounted healthcare services as per the life-care contract.
Official website here: www.armyresidence.com
Who is the CEO of The Army Retirement Residence Foundation?
Steve Fuller is the Ceo of The Army Retirement Residence Foundation. The CEO's salary of The Army Retirement Residence Foundation is $254,585 and their total compensation is $254,585.
Official website here: www.armyresidence.com
What is the revenue of The Army Retirement Residence Foundation?
The Army Retirement Residence Foundation's revenue in 2022 was $28,778,842.
Official website here: www.armyresidence.com
Who are the executives of The Army Retirement Residence Foundation and what are their salaries?
The average compensation at The Army Retirement Residence Foundation during 2022 was $25,759. There are 477 employees and 10 volunteers at The Army Retirement Residence Foundation.
Here are 18 key members and their salaries (The Army Retirement Residence Foundation's CEO's salary is $254,585 and their total compensation is $254,585):
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $254,585
- Related: $0
- Other: $0
- Compensation: $178,523
- Related: $0
- Other: $0
- Compensation: $154,440
- Related: $0
- Other: $0
Official website here: www.armyresidence.com
Where can I find the form 990 for The Army Retirement Residence Foundation?
The Army Retirement Residence Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armyresidence.com
Learn more at the official website: www.armyresidence.com
Mission Statement of The Army Retirement Residence Foundation
The Army Retirement Residence Foundation, a renowned nonprofit organization, is dedicated to providing an exceptional living environment for retired military members and their spouses. Its primary objective is to ensure that residents can live as independently as possible while having the freedom to utilize the community's services and amenities at their discretion, all at a reasonable cost.
The organization takes pride in offering first-class quality services, which include essential living necessities such as shelter, food, exercise, security, housekeeping, counseling, and transportation. The community is home to various facilities, including apartments and cottages, with fees covering the expenses solely. Any profit generated is used to provide future discounted healthcare services as per the life-care contract.
In addition to essential living services, The Army Retirement Residence Foundation offers superior dining services through multiple dining venues that cater to casual, bistro-style, sports bar, and retail center preferences. Independent living residents are allocated a monthly amount to spend on dining services at any of the venues. Healthcare and assisted living residents receive three meals per day, with the community covering the expenses beyond room rates and maintenance fees. These exceptional offerings make The Army Retirement Residence Foundation an exceptional choice for retired military members seeking a retiree community that prioritizes their comfort and well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Army Retirement Residence Foundation creates a positive impact by offering a nurturing and supportive environment for retired military personnel and their spouses. Its focus on independent living allows residents to maintain autonomy while having access to essential services and amenities tailored to their needs.
By providing high-quality senior living options that include shelter, food, healthcare, and recreational activities, the foundation enhances the quality of life for its residents. The community emphasizes safety and well-being through comprehensive support services such as security, housekeeping, and transportation.
In addition to fostering a sense of independence, the foundation also prioritizes dignity and respect through superior dining options and various lifestyle activities. Its commitment to reasonable costs ensures that these services remain accessible, enabling residents to enjoy a fulfilling retirement experience.
The financial structure of the community reinforces this mission. Fees collected for services are reinvested to enhance community offerings, including advanced healthcare options under the life-care contract. This commitment ensures that residents receive the necessary support for their changing needs over time, facilitating a seamless transition as they age.
Overall, the Army Retirement Residence Foundation significantly enriches the lives of retired military members by providing them with a community that values their service and caters to their lifestyle and healthcare needs.
This information is meant to be a general summary of The Army Retirement Residence Foundation. 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.
- Program Service Revenue: $28,323,743
- Gross Receipts: $28,778,842
Assets and Liabilities:
- Total Assets: $5,052,461
- Total Liabilities: $3,182,873
- Net Assets: $1,869,588
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENCE CENTER
Revenue
$19,661,595
HEALTH CARE CENTER
Revenue
$8,662,148
Organization Details
Founding Year
1982
Phone
(210) 646-5307Principal Officer
Steve Fuller
Main Address
10000 RHINELAND, SAN ANTONIO, TX, 78239
Website
www.armyresidence.comNTEE Category
Code: P750 - Human services
If you are a representative of The Army Retirement Residence Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.