Overview
What is Riverwoods Durham?
Riverwoods Durham (RWD) is a charitable continuing care retirement community (CCRC) based in Durham, New Hampshire. With approximately 284 residents in independent apartments and 27 in their healthcare center, RWD offers housing, healthcare services, food services, security, and ancillary services to older adults aged 62 and above. The community's healthcare center served about 59 residents in FY23 on a permanent, temporary, or per diem basis. RWD has a benevolence fund to help residents who have outlived their assets or are unable to make their financial commitment. They are committed to their local community and engage in various volunteer activities, donations, and educational opportunities. RWD's mission is to establish, own, and maintain a CCRC that provides a range of services to elderly individuals, fostering a culture that shares knowledge with younger generations. The organization's team regularly attends industry seminars and presents at leading publications. To expand their reach beyond their community, RWD launched the Senior Authority podcast, offering valuable information on aging through interviews with experts. RWD is an active community partner and supports various events and organizations financially. Additionally, RWD's C.A.R.E. Fund was established by employees to provide financial assistance to employees in need.
Official website here: www.riverwoodsdurham.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Riverwoods Durham has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The charity's overall score is based entirely on its Accountability & Finance metrics, where it achieved a commendable score of 81%. This suggests that the organization maintains a responsible approach to its financial practices.
One of the strengths of Riverwoods Durham is its governance structure, as evidenced by a high percentage of independent board members and a robust audit and oversight committee. The organization also demonstrates transparency through its published financial statements, conflict of interest policy, and whistleblower policy. Furthermore, it has a strong program expense ratio, indicating that a significant portion of its expenditures is directed toward its mission-driven activities.
While Riverwoods Durham shows solid performance in accountability and transparency, the single beacon score indicates that more comprehensive evaluations could provide a fuller picture of its impact and effectiveness. Nonetheless, the current ratings reflect a well-managed nonprofit that prioritizes good governance and responsible financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Riverwoods Durham legitimate?
Riverwoods Durham is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riverwoods Durham 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: $140,419
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,345,229
For more financial information, click here
Official website here: www.riverwoodsdurham.org
What is the mission statement of Riverwoods Durham?
Riverwoods Durham is dedicated to establishing, owning, and maintaining a continuing care retirement community, offering housing, healthcare services, food services, security, and ancillary services to elderly individuals. The mission encompasses providing essentials for older adults to live comfortably and securely. With approximately 217 residents in independent apartments and 67 in the healthcare center, the community serves a significant number of elderly persons, providing care at substantially discounted rates. Additionally, it has a benevolence fund to help residents who have outlived their assets or are unable to make their financial commitments. The community is committed to serving the local community beyond its borders, volunteering time, knowledge, and resources to support various initiatives. It also invites students into its community for learning opportunities and shares its experiences and knowledge within the senior living industry. Through its podcast, Senior Authority, Riverwoods aims to provide important content and answers to questions on aging, reaching a growing audience. The organization is an active community partner, offering financial support to various events and organizations. Education is highly valued, with scholarship funds established for staff. The C.A.R.E. fund was created by employees to provide limited financial assistance to employees during emergencies.
Official website here: www.riverwoodsdurham.org
Who is the CEO of Riverwoods Durham?
Natalee D'Antoni is the Executive Director of Riverwoods Durham. The CEO's salary of Riverwoods Durham is $0 and their total compensation is $507,147.
Official website here: www.riverwoodsdurham.org
What is the revenue of Riverwoods Durham?
Riverwoods Durham's revenue in 2023 was $20,212,521.
Official website here: www.riverwoodsdurham.org
Who are the executives of Riverwoods Durham and what are their salaries?
The average compensation at Riverwoods Durham during 2023 was $27,285. There are 311 employees and 35 volunteers at Riverwoods Durham.
Here are 27 key members and their salaries (Riverwoods Durham's CEO's salary is $0 and their total compensation is $507,147):
- Compensation: $0
- Related: $467,759
- Other: $39,388
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- Compensation: $113,157
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- Other: $14,035
- Compensation: $105,732
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- Other: $21,595
- Compensation: $96,383
- Related: $96,091
- Other: $12,464
- Compensation: $121,333
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- Other: $14,153
- Compensation: $120,593
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- Other: $32,475
- Compensation: $102,155
- Related: $0
- Other: $2,958
Official website here: www.riverwoodsdurham.org
Where can I find the form 990 for Riverwoods Durham?
Riverwoods Durham's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.riverwoodsdurham.org
Learn more at the official website: www.riverwoodsdurham.org
Mission Statement of Riverwoods Durham
Riverwoods Durham, a charitable continuing care retirement community (CCRC), is dedicated to establishing, owning, and maintaining a community that provides housing, healthcare services, food services, security, and ancillary services to elderly persons over the age of 62. The mission of Riverwoods Durham is to create an environment where older adults can age gracefully and comfortably.
The community, which housed approximately 217 residents in independent apartments and 67 residents in the healthcare center in June 2023, offers a range of services designed to meet the unique needs of its residents. Riverwoods Durham goes beyond just providing housing and healthcare; it also offers a sense of security and community to its members. The healthcare center serves around 59 residents on a permanent, temporary, or per diem basis, offering care at a substantially discounted rate.
In addition to its core services, Riverwoods Durham operates a benevolence fund to help residents who have outlived their assets or are unable to make their financial commitment due to unforeseen circumstances. The fund allows residents to continue living in the community without placing a financial burden on senior assistance programs outside of Riverwoods.
Riverwoods Durham is deeply committed to its local community. It considers itself a responsible neighbor and actively participates in the larger community around it. Staff and residents regularly volunteer their time, knowledge, and resources to support local not-for-profit organizations and initiatives. The community's mission extends beyond just serving its own members; it also aims to share its knowledge and experiences with others, particularly younger generations.
Through its podcast, Senior Authority, Riverwoods Durham reaches out to an audience beyond its immediate community. The podcast covers various aspects of aging, from health and wellness to finance and science, and has gained a wide following with over 52,000 downloads, 37,500 views on YouTube, and 5,000 followers on social media. Riverwoods Durham is a strong community partner, not only through its residents' and staff's volunteer work but also through its financial support of community-wide events and organizations.
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Impact
October, 2024
Riverwoods Durham significantly impacts the lives of older adults by providing a comprehensive and caring environment tailored to their needs, ensuring a dignified and enriching aging experience. As a continuing care retirement community, it offers various services, including housing, healthcare, food services, and security, to approximately 284 residents, allowing them to maintain independence while having access to essential support.
The organization champions the financial well-being of its residents through its benevolence fund, which assists individuals who may outlive their assets or face unexpected financial difficulties. This support minimizes reliance on external senior assistance programs, fostering a secure community.
Riverwoods Durham actively engages with the local community, emphasizing a commitment to service and philanthropy. Staff and residents collaborate on volunteering initiatives, contributing time and resources to local charities and community events. This dedication to service extends to educational outreach, as the community hosts students for internships and learning opportunities, facilitating knowledge exchange between generations.
The innovation at Riverwoods is evident through initiatives like the "Senior Authority" podcast, which provides valuable resources on aging to a broad audience, further cementing its role as a community leader in elder care. Additionally, the establishment of scholarship programs for staff highlights its focus on professional development and continuous learning.
Overall, Riverwoods Durham is not only a residence but a hub of support, education, and community involvement, positively influencing the lives of residents and the broader Durham area.
This information is meant to be a general summary of Riverwoods Durham. 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 2023.
- Investment Income: $1,299,111
- Program Service Revenue: $18,843,533
- Gross Receipts: $31,773,140
Assets and Liabilities:
- Total Assets: $125,584,505
- Total Liabilities: $149,698,100
- Net Assets: -$24,113,595
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTAL SERVICE FEES
Revenue
$11,845,212
HEALTH CENTER FEES
Revenue
$5,771,439
EARNED ENTRANCE FEES
Revenue
$1,226,882
Organization Details
Founding Year
2017
Phone
(603) 658-1786Principal Officer
Natalee D'Antoni
Main Address
14 STONE QUARRY DRIVE, DURHAM, NH, 03824
Website
www.riverwoodsdurham.orgNTEE Category
Code: L22 - Housing
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