Overview
What is Wichita Falls Retirement Foundation?
Wichita Falls Retirement Foundation is a nonprofit organization that manages and operates a retirement community, a personal healthcare center, and an assisted living memory care facility, located at 3006 McNiel, Wichita Falls, Texas 76309. The foundation, known as Rolling Meadows, is driven by Christian principles and focuses on providing a dignified, comfortable, and secure living environment for its elderly residents. The organization offers various services to cater to the needs of its community, making an effort to ensure that the senior adults living there enjoy pleasant, meaningful, and secure lives. With a workforce of approximately 300 employees, Rolling Meadows is dedicated to delivering love and care as the core of its operations.
Official website here: www.rmeadows.com
What are the reviews and ratings of this charity?
**Wichita Falls Retirement Foundation: 85% Rating (Three-Star out of Four Stars)**
The Wichita Falls Retirement Foundation has received a favorable rating of 85%, which signifies solid performance, particularly in the area of accountability and finance. The foundation scores exceptionally well in several key metrics, such as independent board governance and financial transparency, reflecting a commitment to effective management practices.
Strengths include a fully independent board and high program expense ratio, indicating that a significant portion of funds is directed towards program services. Additionally, the organization has demonstrated responsible financial practices by maintaining no material diversion of assets and securing a clean audit for its financial statements.
However, some areas of concern arise, such as the absence of a conflict of interest policy and document retention policies, which could potentially impact governance. Despite these limitations, the organization’s focus on accountability and transparency suggests it is effectively supporting its mission within the community.
User reviews are currently not available for this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Wichita Falls Retirement Foundation legitimate?
Wichita Falls Retirement Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Falls Retirement 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: $120,366
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rmeadows.com
What is the mission statement of Wichita Falls Retirement Foundation?
The Wichita Falls Retirement Foundation, guided by Christian principles, is dedicated to providing a dignified, comfortable, and secure living environment for its residents at Rolling Meadows. The organization's mission revolves around the belief that each individual's life is a divine gift, and it strives to create an atmosphere that allows for the fulfillment of this God-given right. The staff at Rolling Meadows works tirelessly to offer essential services that cater to the needs of senior adults, ensuring their lives are pleasant, meaningful, and secure. The foundation operates a retirement community, a personal health care center, and an assisted living memory care facility, providing various services for the elderly community.
Official website here: www.rmeadows.com
Who is the CEO of Wichita Falls Retirement Foundation?
Cindy Noe is the Chairman Of The Board of Wichita Falls Retirement Foundation.
Official website here: www.rmeadows.com
What is the revenue of Wichita Falls Retirement Foundation?
Wichita Falls Retirement Foundation's revenue in 2022 was $10,435,420.
Official website here: www.rmeadows.com
Who are the executives of Wichita Falls Retirement Foundation and what are their salaries?
The average compensation at Wichita Falls Retirement Foundation during 2022 was $401. There are 300 employees at Wichita Falls Retirement Foundation.
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- Compensation: $120,366
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Official website here: www.rmeadows.com
Where can I find the form 990 for Wichita Falls Retirement Foundation?
Wichita Falls Retirement Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rmeadows.com
Learn more at the official website: www.rmeadows.com
Mission Statement of Wichita Falls Retirement Foundation
Wichita Falls Retirement Foundation, rooted in Christian principles, is committed to fostering an environment that prioritizes dignity, comfort, and security for its senior residents. The organization, named Rolling Meadows, was established on the belief that each life is a divine gift, and its mission is to create a setting where these individuals can live out this gift in a pleasant, meaningful, and secure manner. The foundation's staff strives to deliver services integral to fulfilling this right for each resident, ensuring their time at Rolling Meadows is enriching and ennobling.
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Impact
July, 2024
The Wichita Falls Retirement Foundation, through its operation of Rolling Meadows, impacts the lives of seniors by providing a loving and caring environment rooted in Christian principles. The organization's mission is centered on ensuring that each resident lives a life of dignity, comfort, and security. With a focus on human services, the foundation offers a range of services for the elderly community, including a retirement community, personal health care center, and assisted living memory care facility. Through its dedicated staff and program, the foundation strives to make life pleasant, meaningful, and secure for all residents at Rolling Meadows.
This information is meant to be a general summary of Wichita Falls Retirement 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.
- Investment Income: $575,048
- Program Service Revenue: $9,832,267
- Gross Receipts: $13,269,360
Assets and Liabilities:
- Total Assets: $25,020,242
- Total Liabilities: $14,607,161
- Net Assets: $10,413,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential Care Fees
Revenue
$5,116,904
Health Care Fees
Revenue
$3,460,361
Assisted Living Fees
Revenue
$1,154,314
Other Fees
Revenue
$100,688
Organization Details
Founding Year
1983
Phone
(940) 691-7511Principal Officer
Cindy Noe
Main Address
3006 McNiel, Wichita Falls, TX, 76309
Website
www.rmeadows.comNTEE Category
Code: P75 - Human services
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