Overview
What is Northwest Senior Housing Corporation?
Northwest Senior Housing Corporation is a nonprofit organization based in West Des Moines, Iowa, with a mission to provide apartments and healthcare for retired persons. Residents pay an initial entrance fee and monthly fees, granting them lifelong access to the community and unlimited use of the health center without acquiring property ownership. The organization, also known as Edgemere, focuses on creating vibrant communities for seniors, recognizing the crucial role its employees play. In the event of emergencies recognized by federal and state agencies, Northwest Senior Housing Corporation extends disaster relief funds to its employees. With a team of 446 dedicated professionals, the corporation strives to enhance the quality of life for seniors.
Official website here: www.edgemeredallas.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 59%, One-Star out of Four Star rating.
Northwest Senior Housing Corporation has received a low rating of 59%, indicating potential concerns in its accountability and financial practices. While the organization exhibits strengths in governance, such as having a majority of independent board members and established policies for conflict of interest, whistleblowing, and document retention, these strengths are overshadowed by significant weaknesses in financial management.
The financial statements of the organization are only reviewed or compiled, resulting in a low score in this area. Additionally, the organization has a troubling liabilities to assets ratio of 147.97%, suggesting potential financial instability. Although the program expense ratio is commendable at 88.48%, this high percentage of spending on programs does not fully compensate for the shortcomings in financial transparency and accountability.
Overall, while Northwest Senior Housing Corporation demonstrates some positive governance practices, the lack of thorough financial transparency and the concerning liabilities to assets ratio raise red flags for potential donors and stakeholders. Further improvements in financial reporting and management could enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northwest Senior Housing Corporation?
100% of 30 reviewers on Facebook recommend Northwest Senior Housing Corporation. Here's a summary of their insights:
The overall sentiment towards Northwest Senior Housing Corporation is extremely positive. Many express admiration for the organization, highlighting the attentive care provided to the residents. Reviewers appreciate the positive atmosphere and the friendly demeanor of the staff, indicating a commitment to creating a welcoming environment for those they serve.
Those who have engaged with the nonprofit, either as staff or through related agencies, frequently mention their satisfaction with the care and support offered. This suggests that the organization successfully meets the needs of its residents while fostering a cheerful community.
This AI summary has been generated from reviews found on Facebook.
Is Northwest Senior Housing Corporation legitimate?
Northwest Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Senior Housing Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,500,507
For more financial information, click here
Official website here: www.edgemeredallas.com
What is the mission statement of Northwest Senior Housing Corporation?
Northwest Senior Housing Corporation's mission is centered around creating communities that celebrate the lives of seniors. Their dedication to this goal extends beyond the day-to-day operations of their organization. In the event that their employees encounter circumstances recognized as qualifying for emergency disaster relief by federal and state agencies, Northwest Senior Housing Corporation is committed to providing disaster relief funds to support them. This mission can only be fully realized through the efforts of their dedicated employees, making this an integral part of their mission statement.
Official website here: www.edgemeredallas.com
Who is the CEO of Northwest Senior Housing Corporation?
Jesse Jantzen is the President, Ceo, & Director of Northwest Senior Housing Corporation. The CEO's salary of Northwest Senior Housing Corporation is $0 and their total compensation is $1,051,995.
Official website here: www.edgemeredallas.com
What is the revenue of Northwest Senior Housing Corporation?
Northwest Senior Housing Corporation's revenue in 2022 was $33,351,835.
Official website here: www.edgemeredallas.com
Who are the executives of Northwest Senior Housing Corporation and what are their salaries?
The average compensation at Northwest Senior Housing Corporation during 2022 was $28,028. There are 446 employees and 25 volunteers at Northwest Senior Housing Corporation.
Here are 11 key members and their salaries (Northwest Senior Housing Corporation's CEO's salary is $0 and their total compensation is $1,051,995):
- Compensation: $0
- Related: $1,046,857
- Other: $5,138
- Compensation: $0
- Related: $593,591
- Other: $9,972
- Compensation: $0
- Related: $416,112
- Other: $25,013
- Compensation: $319,526
- Related: $0
- Other: $3,834
- Compensation: $0
- Related: $233,654
- Other: $2,706
- Compensation: $199,890
- Related: $0
- Other: $0
- Compensation: $149,297
- Related: $0
- Other: $8,371
- Compensation: $131,602
- Related: $0
- Other: $13,117
- Compensation: $90,000
- Related: $37,500
- Other: $0
- Compensation: $124,111
- Related: $0
- Other: $3,222
- Compensation: $67,500
- Related: $45,000
- Other: $0
Official website here: www.edgemeredallas.com
Where can I find the form 990 for Northwest Senior Housing Corporation?
Northwest Senior Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.edgemeredallas.com
Learn more at the official website: www.edgemeredallas.com
Mission Statement of Northwest Senior Housing Corporation
Northwest Senior Housing Corporation, a reputable nonprofit organization, is committed to creating vibrant communities that celebrate and honor the lives of seniors. Through its mission, the Corporation goes beyond providing senior housing, recognizing that a fulfilling senior experience necessitates more than just a roof over their heads.
The organization's dedicated team is the backbone of this mission. They understand that their work can only succeed through the tireless efforts and compassion of its employees. To show this commitment, Northwest Senior Housing Corporation includes disaster relief funds in its mission. These funds are meant to be distributed to employees who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief.
In essence, Northwest Senior Housing Corporation is about more than just constructing and maintaining senior living spaces. It's about nurturing and supporting the seniors who call these communities home, enabling them to live their lives to the fullest. By focusing on the needs of seniors and empowering its employees, Northwest Senior Housing Corporation creates an environment where seniors can thrive and celebrate their unique journey through life.
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Impact
October, 2024
Northwest Senior Housing Corporation significantly enhances the quality of life for seniors by creating welcoming communities that celebrate their experiences and contributions. By providing a range of apartments and comprehensive healthcare services tailored to retired individuals, it ensures that residents have access to comfortable living arrangements and essential medical support throughout their lives.
The model encourages active engagement among residents while providing them with the security of knowing they can remain in the community for life, thanks to a structure of initial entrance fees and monthly service fees that cover extensive amenities and healthcare. This financial model not only fosters a sense of belonging but also allows residents to prioritize their health and well-being without the worry of additional costs for necessary healthcare services.
Located in West Des Moines, IA, the organization’s mission is further supported by the dedicated efforts of its employees, who are crucial in creating a nurturing environment. Additionally, by providing disaster relief funds to staff affected by emergencies, this initiative contributes to the overall welfare of both residents and employees, emphasizing a holistic approach to care and community involvement. The emphasis on human services ensures that every resident's needs are met with compassion and understanding, solidifying Northwest Senior Housing Corporation’s role as a vital resource for the senior community.
This information is meant to be a general summary of Northwest Senior Housing Corporation. 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: $320,865
- Program Service Revenue: $32,567,757
- Gross Receipts: $51,735,350
Assets and Liabilities:
- Total Assets: $252,040,300
- Total Liabilities: $372,983,082
- Net Assets: -$120,942,782
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDEPENDENT LIVING
Revenue
$17,315,492
SKILLED NURSING
Revenue
$13,740,758
ENTRANCE FEES
Revenue
$1,511,507
Organization Details
Founding Year
1998
Phone
(515) 288-5805Principal Officer
Jesse Jantzen
Main Address
4201 CORPORATE DRIVE, WEST DES MOINES, IA, 50266
Website
www.edgemeredallas.comNTEE Category
Code: P75 - Human services
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