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Laurel Crest Retirement Community

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822636406 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

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Overview

What is Laurel Crest Retirement Community?

Laurel Crest Retirement Community is a not-for-profit organization situated in West Columbia, South Carolina. They operate a comprehensive retirement facility, providing various living options such as independent living, assisted living, memory care, and a skilled nursing facility. In 2022, their services catered to over 100 residents across their continuum of care. The community is dedicated to enriching the lives of seniors of all faiths, operating as a compassionate Christian ministry. Their mission is to offer diverse and adaptable lifestyle choices, catering to the evolving needs of today's senior population.

Is Laurel Crest Retirement Community legitimate?

Laurel Crest Retirement Community is a legitimate nonprofit organization registered as a 501(c)(3) entity. Laurel Crest Retirement Community 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: $2,888,162

For more financial information, click here

What is the mission statement of Laurel Crest Retirement Community?

Laurel Crest Retirement Community, a not-for-profit organization, is committed to enriching the quality of life for seniors of all faiths. This compassionate Christian ministry aims to cater to the diverse and evolving needs of today's elderly population, offering a variety of lifestyle choices. Their mission is to serve seniors with care and dedication, fostering an environment that promotes overall well-being.

Who is the CEO of Laurel Crest Retirement Community?

L Franklin Fant is the Principal Officer of Laurel Crest Retirement Community. The CEO's salary of Laurel Crest Retirement Community is $0 and their total compensation is $347,628.

What is the revenue of Laurel Crest Retirement Community?

Laurel Crest Retirement Community's revenue in 2022 was $7,351,578.

Who are the executives of Laurel Crest Retirement Community and what are their salaries?

The average compensation at Laurel Crest Retirement Community during 2022 was $17,191. There are 168 employees and 10 volunteers at Laurel Crest Retirement Community.


Here are 18 key members and their salaries (Laurel Crest Retirement Community's CEO's salary is $0 and their total compensation is $347,628):


Julian J Nexsen Jr (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Dr R D Holloway (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wally Graves (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Priscilla W Holtzclaw (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Richard S Mccain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel D Ledbetter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Long (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Clary (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Casto (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paige Parsons-Lewis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Dr Deborah Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reverend Dr Eric Skidmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William F Halligan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Hancock Cpa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luther F Fant (Ceo)
  • Compensation: $0
  • Related: $333,310
  • Other: $14,318
Amanda Stamper (Coo)
  • Compensation: $0
  • Related: $220,342
  • Other: $12,137
W Chad Melven Cpa (Cfo)
  • Compensation: $0
  • Related: $177,622
  • Other: $5,627
James Deel (Executive Director)
  • Compensation: $147,648
  • Related: $0
  • Other: $10,476
Where can I find the form 990 for Laurel Crest Retirement Community?

Laurel Crest Retirement Community's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Laurel Crest Retirement Community

Laurel Crest Retirement Community, a not-for-profit organization, is dedicated to enriching the lives of seniors of all faiths. As a compassionate Christian ministry, its mission is to offer a variety of lifestyle choices that cater to the diverse and changing needs of today's senior population. This community aims to improve the quality of life for its residents, providing them with a sense of comfort and care. By adhering to this mission, Laurel Crest Retirement Community seeks to create an environment where seniors can age gracefully, fostering a sense of community and support.

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Impact




October, 2024

Laurel Crest Retirement Community significantly enhances the quality of life for seniors in West Columbia, South Carolina. By providing a continuum of care that includes independent living, assisted living, memory care, and skilled nursing facilities, Laurel Crest accommodates the diverse and evolving needs of older adults.

In 2022, the community served over 100 residents, fostering an environment where seniors of all faiths can thrive. The commitment to compassionate care not only addresses the physical needs of residents but also promotes emotional and spiritual well-being. Through its various lifestyle choices, Laurel Crest empowers seniors to maintain their independence while ensuring they have access to support when needed.

The recent integration into Presbyterian Communities of South Carolina promises to further enhance its resources and support, reinforcing the community's mission to enrich the lives of seniors. By creating a nurturing and inclusive atmosphere, Laurel Crest plays a vital role in enhancing the overall well-being of its residents, ultimately contributing positively to the wider community.




This information is meant to be a general summary of Laurel Crest Retirement Community. 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.

Revenue
$7,351,578 (2022)
Expenses
$7,950,263 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,866
  • Program Service Revenue: $7,252,432
  • Gross Receipts: $7,351,578

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT SERVICE REVEN

Revenue

$6,070,365

AMORTIZATION OF FEES

Revenue

$1,182,067

Organization Details

Founding Year

2017

Principal Officer

L Franklin Fant

Main Address

2817 ASHLAND ROAD, COLUMBIA, SC, 292105009

NTEE Category

Code: L22 - Housing

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