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Community Healthcare Realty Inc

Wesleyan Village & Windber Woods

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

EIN: 824136810 ✦ Toms river, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Community Healthcare Realty Inc?

Community Healthcare Realty Inc is a nonprofit organization based in Toms River, New Jersey, located at 183 Benjamin Street, ZIP code 08755. The organization's mission is to provide a nurturing environment for older adults, enabling them to age gracefully with the care and support of a welcoming community. Community Healthcare Realty Inc offers various healthcare services, including Medicaid and Medicare-certified healthcare, traditional and Alzheimer assisted living, independent home health care, and other adult living facilities, under the name Wesleyan Village & Windber Woods. The nonprofit employed approximately 450 individuals before it transitioned into its own not-for-profit entity as of December 7, 2020. Their goal is to create an atmosphere where older adults can experience the richness of life, fostering growth and development in their later years.


Official website here: www.windberwoods.com/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 51% (One-Star out of Four Stars)

Community Healthcare Realty Inc has received a one-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. With an overall score of just 51%, the organization struggles particularly with its independent governance, as it has no independent board members, which raises questions about oversight and potential conflicts of interest.

Despite some strengths, such as a comprehensive conflict of interest policy and proper documentation of board meeting minutes, the financial health of the organization appears to be alarming. The liabilities to assets ratio stands at over 100%, suggesting financial instability, and the lack of available financial statements is a red flag for potential transparency issues.

Additionally, while the organization allocates a significant portion of its expenses to programs, the absence of independent oversight and financial clarity diminishes confidence in its operations. Overall, potential donors and stakeholders should exercise caution and seek further information before engaging with Community Healthcare Realty Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Community Healthcare Realty Inc legitimate?

Community Healthcare Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Healthcare Realty 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: $7,065,511

For more financial information, click here


Official website here: www.windberwoods.com/

What is the mission statement of Community Healthcare Realty Inc?

Community Healthcare Realty Inc is dedicated to creating an environment where older adults can fully experience life, encouraging them to age gracefully by being part of a caring and supportive community. Wesleyan Village, under the former umbrella of Community Healthcare Realty Inc, provided uncompensated care and services to Medicaid, Medicare, Hospice, and Managed Care residents. It offered a range of facilities including Medicare and Medicaid-certified healthcare, traditional and Alzheimer assisted living, independent home healthcare, and other adult living facilities. As of December 7, 2020, Wesleyan Village is now owned and operated by its own not-for-profit entity. The organization's focus is on nurturing a community that supports the emotional, physical, and social well-being of older adults, enabling them to age in a fulfilling and meaningful way.


Official website here: www.windberwoods.com/

Who is the CEO of Community Healthcare Realty Inc?

Steven Friedman is the Chairman Of The Board of Community Healthcare Realty Inc.


Official website here: www.windberwoods.com/

What is the revenue of Community Healthcare Realty Inc?

Community Healthcare Realty Inc's revenue in 2020 was $19,288,515.


Official website here: www.windberwoods.com/

Who are the executives of Community Healthcare Realty Inc and what are their salaries?

The average compensation at Community Healthcare Realty Inc during 2020 was $15,701. There are 450 employees at Community Healthcare Realty Inc.


Here are 4 key members and their salaries:


Steven Friedman (Chairman Of The Board)
  • Compensation: $0
  • Related: $41,001
  • Other: $0
Brian Kohn (Board Member)
  • Compensation: $0
  • Related: $37,001
  • Other: $0
Ephram Lahasky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Gast (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.windberwoods.com/

Where can I find the form 990 for Community Healthcare Realty Inc?

Community Healthcare Realty Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.windberwoods.com/

Learn more at the official website: www.windberwoods.com/

Mission Statement of Community Healthcare Realty Inc

Community Healthcare Realty Inc, a notable organization, is dedicated to creating an environment where older adults can fully experience life and continue to grow with the support and care of a nurturing community. The mission of this esteemed institution is to provide an enriching atmosphere for older adults, encouraging them to age gracefully by growing with the compassionate care and companionship of their peers.

At Community Healthcare Realty Inc, older adults are offered uncompensated care and services, catering to those on Medicaid, Medicare, Hospice, and Managed Care. This extensive care network includes healthcare facilities that are Medicare and Medicaid certified, traditional and Alzheimer-assisted living quarters, independent home healthcare services, and other adult living facilities. The organization's continuum of care retirement community, Wesleyan Village, ceased operations under the Community Healthcare Realty Inc umbrella as of December 7, 2020, and is now being operated by its own not-for-profit entity. This commitment to older adults' wellbeing demonstrates Community Healthcare Realty Inc's unwavering dedication to supporting the aging population in their journey through life.

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Impact




October, 2024

Community Healthcare Realty Inc has made a significant impact on the quality of life for older adults by creating an environment that fosters growth, care, and community support. Its mission centers on enhancing the aging experience, ensuring that seniors are not only cared for but are also encouraged to thrive within a nurturing atmosphere.

Through its partnership with Wesleyan Village, the organization has enabled the provision of crucial healthcare and supportive services, including uncompensated care for Medicaid, Medicare, hospice, and managed care residents. By offering a continuum of care that encompasses traditional and Alzheimer’s assisted living, independent home health care, and various adult living facilities, Community Healthcare Realty Inc has played a vital role in addressing the diverse needs of the senior population.

Even after the transition of Wesleyan Village to its own not-for-profit entity, the foundational values established by Community Healthcare Realty Inc continue to resonate. The organization's commitment to enhancing the lives of older adults has left a lasting legacy, promoting an inclusive community where seniors can age with dignity and receive the support they need.




This information is meant to be a general summary of Community Healthcare Realty 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.

Revenue
$19,288,515 (2020)
Expenses
$18,810,908 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $532
  • Program Service Revenue: $19,287,983
  • Gross Receipts: $19,288,515

Assets and Liabilities:

  • Total Assets: $8,596,047
  • Total Liabilities: $10,723,573
  • Net Assets: -$2,127,526

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Programs

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

PROGRAM SERVICE REVENUE - WESLEYAN

Revenue

$18,592,900

PROGRAM SERVICE REVENUE - WINDBER WOODS

Revenue

$695,083

Organization Details

Founding Year

2018

Principal Officer

Steven Friedman

Main Address

183 BENJAMIM STREET, TOMS RIVER, NJ, 08755

NTEE Category

Code: L22 - Housing

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