Overview
What is The Cumberland Rest Inc?
The Cumberland Rest Inc, also known as Trinity Terrace, is a nonprofit continuing care retirement community in Fort Worth, Texas. With a staff of 288, they are dedicated to enhancing the quality of life for the elderly through comprehensive care and housing. Their services encompass independent living, assisted living, memory care, and skilled nursing. Residents can benefit from nutritious meals, nursing care, housekeeping, maintenance, and various support services. Trinity Terrace aims to create a stimulating and secure environment for seniors, offering them exceptional services to enrich their lives.
Official website here: www.retirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
The Cumberland Rest Inc holds a solid Three-Star rating from Charity Navigator, reflecting an 88% score in Accountability & Finance. This rating indicates that the nonprofit meets the necessary standards for fiscal transparency and ethical governance. The organization scores exceptionally well on several criteria, including having a fully independent board and comprehensive financial oversight, which showcases its commitment to accountability.
Strengths of The Cumberland Rest Inc include a high program expense ratio of 82.97%, suggesting that a significant portion of its funds is allocated directly to its programs and services. The organization also has robust policies in place, including conflict of interest and whistleblower policies, which further enhance its credibility. Additionally, there were no reported diversions of assets, indicating sound financial management.
However, the organization has a liabilities to assets ratio of 61.28%, which might suggest concerns about its financial stability. While this score is not necessarily alarming, it does highlight a potential area for improvement in managing and balancing its liabilities. Overall, The Cumberland Rest Inc demonstrates a strong commitment to accountability, though it could benefit from addressing its financial ratios for long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Cumberland Rest Inc legitimate?
The Cumberland Rest Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Cumberland Rest 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: $543,864
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,723,477
For more financial information, click here
Official website here: www.retirement.org
What is the mission statement of The Cumberland Rest Inc?
The Cumberland Rest Inc, also known as Trinity Terrace, is a not-for-profit continuing care retirement community. Its mission is to provide comprehensive care and housing for the elderly, ensuring a stimulating and secure environment to enrich their lives. Trinity Terrace offers a range of services, including housing, nutritious meals, nursing, housekeeping, maintenance, and support for those in need. The community caters to seniors with varying levels of independence, from independent living to skilled nursing. The primary goal is to enhance the quality of life for the residents through high-quality services.
Official website here: www.retirement.org
Who is the CEO of The Cumberland Rest Inc?
Donald Mills is the Chair of The Cumberland Rest Inc.
Official website here: www.retirement.org
What is the revenue of The Cumberland Rest Inc?
The Cumberland Rest Inc's revenue in 2022 was $47,753,478.
Official website here: www.retirement.org
Who are the executives of The Cumberland Rest Inc and what are their salaries?
The average compensation at The Cumberland Rest Inc during 2022 was $35,650. There are 288 employees and 21 volunteers at The Cumberland Rest Inc.
Here are 20 key members and their salaries:
- Compensation: $303,622
- Related: $0
- Other: $52,891
- Compensation: $214,629
- Related: $0
- Other: $34,963
- Compensation: $123,786
- Related: $0
- Other: $30,423
- Compensation: $119,288
- Related: $0
- Other: $25,801
- Compensation: $113,755
- Related: $0
- Other: $29,887
- Compensation: $110,340
- Related: $0
- Other: $19,272
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
Official website here: www.retirement.org
Where can I find the form 990 for The Cumberland Rest Inc?
The Cumberland Rest Inc'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 The Cumberland Rest Inc
The Cumberland Rest Inc, a not-for-profit organization, is dedicated to providing comprehensive care and housing for the elderly. With a mission to enrich the lives of seniors, this continuing care retirement community offers exceptional services in a secure and comfortable environment. Trinity Terrace, as The Cumberland Rest Inc is also known, prides itself on enhancing the quality of life for its residents through a range of high-quality offerings.
Residents of Trinity Terrace are treated to housing options that cater to their unique needs. From independent living for those who require minimal assistance, to assisted living for those needing some support, memory care for those with cognitive impairments, and skilled nursing for those with complex health conditions, Trinity Terrace's services are designed to meet the diverse needs of its elderly population. The community provides not just a place to live, but also nutritious meals, nursing care, housekeeping, maintenance, and various other forms of support.
Trinity Terrace goes beyond the basic necessities to create a stimulating and secure environment for its residents. By offering exceptional services and a caring community, the organization aims to help seniors maintain their independence and dignity, while ensuring their comfort and wellbeing. With a commitment to providing the best care possible, The Cumberland Rest Inc, through its continuing care retirement community Trinity Terrace, is making a difference in the lives of the elderly.
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Impact
October, 2024
The Cumberland Rest Inc significantly enhances the quality of life for seniors by providing comprehensive care and housing options tailored to their needs. Located in Fort Worth, Texas, Trinity Terrace offers a continuum of services ranging from independent living to skilled nursing care, ensuring that residents can enjoy their later years with dignity and support.
Through its emphasis on a stimulating and secure environment, the organization creates a community where seniors can thrive. The high-quality services provided include nutritious meals, nursing care, housekeeping, and maintenance, all aimed at fostering a comfortable and enriching lifestyle. By catering to various levels of care, The Cumberland Rest Inc not only offers essential support but also facilitates a sense of independence and well-being among its residents.
The focus on enhancing residents' lives is evident in the personalized approach to care, showcasing a commitment to meeting the diverse needs of seniors. This holistic model not only addresses physical health but also promotes mental and emotional well-being, making a lasting impact on the community as a whole.
This information is meant to be a general summary of The Cumberland Rest 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: $788,974
- Program Service Revenue: $28,812,102
- Gross Receipts: $65,875,178
Assets and Liabilities:
- Total Assets: $310,497,217
- Total Liabilities: $190,276,452
- Net Assets: $120,220,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$20,623,126
HEALTH CENTER
Revenue
$4,524,269
ENTRANCE FEES
Revenue
$3,413,144
OTHER REVENUES
Revenue
$177,024
DIETARY
Revenue
$72,731
Organization Details
Founding Year
1943
Phone
(888) 724-6424Principal Officer
Donald Mills
Main Address
1600 TEXAS STREET, FORT WORTH, TX, 761023434
Website
www.retirement.orgNTEE Category
Code: P75 - Human services
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