Overview
What is Edgewater Place Inc?
Edgewater Place Inc is a 56-unit non-profit assisted living community situated in Plain City, Ohio. It serves the Central Ohio area, including nearby cities like Dublin, Delaware, Hilliard, London, Powell, Westerville, and Marysville. Affiliated with GreenCroft Retirement Communities Inc., a 501(C)(3) organization, Edgewater Place's primary mission is to offer housing, assisted living, and care to the elderly on a non-profit basis. The community provides three meals daily in a common dining room and offers various shared spaces, such as activity rooms, outside porches, laundry rooms, and common gathering areas, for its residents. With 41 residents living there as of July 2022, Edgewater Place strives to support the elderly population in the area.
Official website here: www.edgewaterplace.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Edgewater Place Inc has received an 81% score from Charity Navigator, which reflects a strong performance in terms of accountability and finance. This three-star rating indicates that the organization adheres to good practices in financial management, which is essential for maintaining donor trust and operational effectiveness. The score is solely based on the accountability and finance beacon, highlighting its focus on transparent governance.
The organization boasts a fully independent board with nine members, ensuring that decision-making remains objective and free from conflicts of interest. Notably, its financial statements are audited, and there have been no material diversions of assets reported, which speaks to the integrity of its operations. Furthermore, Edgewater Place Inc has implemented robust policies regarding conflict of interest, whistleblower protections, and document retention, all of which are crucial for ethical management.
However, while the organization excels in financial accountability, the rating does not provide insights into program effectiveness or impact, which could be important for potential donors and stakeholders. Overall, Edgewater Place Inc appears to be a well-managed nonprofit with a solid financial foundation but may benefit from increased transparency regarding its programmatic outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Edgewater Place Inc legitimate?
Edgewater Place Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edgewater Place 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,758,715
For more financial information, click here
Official website here: www.edgewaterplace.us
What is the mission statement of Edgewater Place Inc?
Edgewater Place Inc, a non-profit assisted living community, is committed to providing housing, assisted living, and care for the elderly on a not-for-profit basis. Located in an undisclosed area, it serves residents in the Central Ohio region, including nearby cities such as Dublin, Delaware, Hilliard, London, Powell, Westerville, and Marysville. Edgewater Place Inc is affiliated with GreenCroft Retirement Communities Inc., a 501(c)(3) organization, and its primary focus is to offer a supportive living environment for the elderly population.
Official website here: www.edgewaterplace.us
What is the revenue of Edgewater Place Inc?
Edgewater Place Inc's revenue in 2023 was $2,515,159.
Official website here: www.edgewaterplace.us
Who are the executives of Edgewater Place Inc and what are their salaries?
The average compensation at Edgewater Place Inc during 2023 was $33,183. There are 53 employees and 4 volunteers at Edgewater Place Inc.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $169,330
- Other: $42,396
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- Related: $144,621
- Other: $57,871
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- Related: $136,740
- Other: $54,949
- Compensation: $0
- Related: $108,680
- Other: $13,862
- Compensation: $0
- Related: $80,215
- Other: $701
- Compensation: $0
- Related: $43,784
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Other: $0
Official website here: www.edgewaterplace.us
Where can I find the form 990 for Edgewater Place Inc?
Edgewater Place Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edgewaterplace.us
Learn more at the official website: www.edgewaterplace.us
Mission Statement of Edgewater Place Inc
Edgewater Place Inc, a non-profit organization, is dedicated to serving the elderly population in the Central Ohio area, including cities such as Dublin, Delaware, Hilliard, London, Powell, Westerville, and Marysville. Affiliated with GreenCroft Retirement Communities Inc., a 501(c)(3) organization, Edgewater Place Inc's primary focus is to provide housing, assisted living, and care to the elderly on a non-profit basis. The organization strives to offer a supportive environment where elderly residents can live comfortably and receive the necessary care they require. By offering housing, assisted living, and care, Edgewater Place Inc aims to enhance the quality of life for its elderly residents, providing them with the assistance they need to maintain their independence and dignity.
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Impact
July, 2024
Edgewater Place Inc, through its assisted living community, provides essential housing, care, and support to elderly individuals in the central Ohio area. The organization's impact is felt in the lives of the residents it serves, offering them a safe and comfortable environment where they can receive the assistance they need. By operating on a non-profit basis, Edgewater Place Inc demonstrates a commitment to prioritizing the well-being of the elderly above all else, ensuring that they are able to live with dignity and receive the care they deserve. This dedication to human services contributes to the overall quality of life for seniors in the community and highlights the importance of providing compassionate support to this vulnerable population.
This information is meant to be a general summary of Edgewater Place 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 2023.
- Investment Income: $4,768
- Program Service Revenue: $2,496,473
- Gross Receipts: $2,515,159
Assets and Liabilities:
- Total Assets: $7,996,401
- Total Liabilities: $6,750,881
- Net Assets: $1,245,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$2,496,473
Organization Details
Founding Year
2017
Principal Officer
Sandra Harris
Website
www.edgewaterplace.usNTEE Category
Code: P75 - Human services
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