Overview
What is Montage Living?
Montage Living is a Charlotte, North Carolina-based nonprofit corporation dedicated to alleviating distress among the elderly population by providing them with affordable and supportive housing. Founded with the aim of addressing the unique physical, social, and civic needs of the elderly, Montage Living offers assisted living services that include assistance with daily living activities, planned activities, nutritious meals, and rehabilitation services. Residents can engage in various recreational activities, such as book clubs, garden clubs, fitness opportunities, and off-site outings, and transportation is provided to religious services, cultural events, and shopping. Montage Living promotes the continued dignity and independence of its 819 residents by offering programs for health management, housekeeping, personal care, and general lifestyle needs. The organization strives to create an environment that is emotionally, mentally, spiritually, and physically stimulating, making each resident feel at home and promoting a healthy and happy lifestyle.
Official website here: www.montageseniorliving.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 58%, One-Star out of Four Star rating.
Montage Living has received a low score of 58%, indicating challenges in its accountability and financial practices. While the organization features a fully independent board and maintains a high program expense ratio, which suggests it allocates most of its funds directly to programs, significant weaknesses are present in several areas. Notably, the absence of financial statements raises concerns about transparency, adversely affecting their overall rating.
The organization has strengths in governance, as it displays a conflict of interest policy and documents board meeting minutes. However, critical policies such as a whistleblower policy and document retention are missing, which could signal potential operational risks. Additionally, the liabilities to assets ratio indicates financial instability, which may influence stakeholders' confidence in the nonprofit's long-term viability.
Overall, while Montage Living's dedication to its programs is commendable, the lack of robust financial documentation and key policies detracts from its effectiveness and trustworthiness. Potential donors and supporters may want to consider these factors when assessing their engagement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Montage Living legitimate?
Montage Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montage Living 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: $11,521,785
For more financial information, click here
Official website here: www.montageseniorliving.com
What is the mission statement of Montage Living?
Montage Living is a non-profit organization dedicated to improving the lives of the elderly by offering housing designed to cater to their specific physical, social, and civic needs. The organization's primary goal is to provide an enriching environment that stimulates residents' physical, mental, spiritual, and emotional well-being.
Residents of Montage Living receive assistance with daily living activities, planned activities, and nutritious meals, as well as rehabilitation services when necessary. Recreational activities like book clubs, garden clubs, and fitness opportunities are available, along with transportation to religious services, cultural events, and shopping.
The organization also provides programs to help residents manage their health, maintain cleanliness, and handle personal care. Rental rates are kept affordable, and additional services are offered at the lowest feasible cost. Montage Living's mission is to create an environment that promotes the continued dignity and independence of its elderly residents, allowing them to live healthy and happy lives.
Official website here: www.montageseniorliving.com
Who is the CEO of Montage Living?
Ryan Lambert is the Board Member of Montage Living.
Official website here: www.montageseniorliving.com
What is the revenue of Montage Living?
Montage Living's revenue in 2022 was $25,741,821.
Official website here: www.montageseniorliving.com
Who are the executives of Montage Living and what are their salaries?
The average compensation at Montage Living during 2022 was $14,068. There are 819 employees and 5 volunteers at Montage Living.
Here are 5 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.montageseniorliving.com
Where can I find the form 990 for Montage Living?
Montage Living's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.montageseniorliving.com
Learn more at the official website: www.montageseniorliving.com
Mission Statement of Montage Living
Montage Living, a renowned nonprofit organization, is dedicated to enhancing the lives of the elderly by offering housing specifically designed to cater to their unique physical, social, and civic needs. The ultimate objective is to promote the continued dignity and independence of its residents. Montage Living creates an enriching environment that stimulates its residents both physically, mentally, spiritually, and emotionally.
By providing assisted living services, Montage Living ensures that elderly residents, aged 55 and above, receive assistance with all activities of daily living. The organization offers planned activities, nutritious meals, and rehabilitation services, as necessary. Montage Living encourages an active lifestyle through recreational activities such as book clubs, garden clubs, fitness opportunities, and off-site outings. Transportation is included for residents to attend worship services, cultural events, and shopping. The organization also offers programs to help residents manage their health, maintain their homes, and attend to their personal care needs. Rental rates are set at or below market rates, making Montage Living an affordable option for elderly individuals.
Montage Living's mission goes beyond just providing housing. By offering a vibrant community, Montage Living ensures that each resident feels at home and lives a healthy, happy life. The organization's dedication extends to its residents' overall well-being, making Montage Living an invaluable resource for the elderly population.
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Impact
October, 2024
Montage Living significantly enhances the quality of life for elderly residents by providing tailored housing solutions that meet their unique physical, social, and civic needs. By fostering an environment that emphasizes dignity and independence, it enables residents over the age of 55 to maintain a high standard of living.
The organization offers comprehensive assisted living services, including support with daily activities, nutritious meals crafted by dieticians, and rehabilitation services. Residents benefit from a variety of recreational activities, such as book clubs, garden clubs, and fitness programs, alongside organized outings to cultural events and shopping—ensuring a vibrant community life.
Montage Living also prioritizes holistic health management by providing essential services such as housekeeping, personal care, and transportation to worship and cultural activities. With rental rates set at or below market rates, Montage Living ensures accessibility while maintaining the lowest possible costs for its offerings. This commitment to affordability, combined with a focus on a stimulating environment, helps enrich the lives of its residents, empowering them to live healthy, happy lives.
This information is meant to be a general summary of Montage Living. 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: -$171,282
- Program Service Revenue: $25,688,872
- Gross Receipts: $26,292,886
Assets and Liabilities:
- Total Assets: $124,371,266
- Total Liabilities: $164,479,622
- Net Assets: -$40,108,356
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Assisted Living
Revenue
$17,310,498
Independent Living
Revenue
$7,067,274
Memory Care
Revenue
$1,264,493
Respite Care
Revenue
$46,607
Organization Details
Founding Year
2018
Phone
(704) 519-8828Principal Officer
Ryan Lambert
Main Address
2410 Dunavant Street, Charlotte, NC, 28203
Website
www.montageseniorliving.comNTEE Category
Code: L20 - Housing
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