Overview
What is Open Arms Assisted Living?
Open Arms Assisted Living is a nonprofit organization situated in Denver, Colorado, specifically at 12150 East Andrews Drive. The organization has transformed the St. Andrew Lutheran Elementary School into an assisted living facility for elderly individuals, offering 30 beds under its Home and Community-Based Services (HCBS) program. With a mission to serve the Montbello community and its broader surroundings, Open Arms Assisted Living provides affordable assisted living services, catering to the needs of the elderly population. The organization currently employs 14 individuals to carry out its mission.
Official website here: www.openarmsmontbello.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Open Arms Assisted Living has been rated with a score of 54%, which reflects significant issues related to its accountability and finance practices. The rating indicates that the organization lacks essential financial transparency, as evidenced by the absence of financial statements that are critical for donor confidence. The score is predominantly influenced by this lack of documentation, despite some strengths in governance, such as having a fully independent board.
The organization does excel in certain areas, particularly in maintaining a majority of independent board members and an appropriate board size, which are positive indicators of governance. Moreover, it has demonstrated a solid program expense ratio of 70.44%, signifying that a substantial portion of its funds is dedicated to its programs, rather than administrative costs. However, the absence of crucial policies like a conflict of interest policy, whistleblower protection, and document retention measures raises concerns about its operational integrity.
The limitations highlighted in the rating suggest that while Open Arms Assisted Living may be effective in program delivery, there is a significant need for improvement in financial management and policy implementation to enhance accountability. The organization should focus on addressing these gaps to build trust with its stakeholders and improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Open Arms Assisted Living legitimate?
Open Arms Assisted Living is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Arms Assisted 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: $61,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,741
For more financial information, click here
Official website here: www.openarmsmontbello.org/
What is the mission statement of Open Arms Assisted Living?
Open Arms Assisted Living operates a mission-driven assisted living facility for the elderly, serving various communities. The organization transforms suitable buildings, such as the St. Andrew Lutheran Elementary School, into affordable assisted living spaces under its Home and Community-Based Services (HCBS) program. The primary goal of Open Arms Assisted Living is to provide care and support for the elderly, promoting their well-being and quality of life. By offering affordable options, they aim to make assisted living accessible to a broader demographic, ensuring the elderly can age with dignity and security. The facility's mission is to enhance the daily lives of its elderly residents, fostering an environment that promotes independence, socialization, and overall well-being.
Official website here: www.openarmsmontbello.org/
Who is the CEO of Open Arms Assisted Living?
Peter Hynes is the President of Open Arms Assisted Living.
Official website here: www.openarmsmontbello.org/
What is the revenue of Open Arms Assisted Living?
Open Arms Assisted Living's revenue in 2022 was $828,493.
Official website here: www.openarmsmontbello.org/
Who are the executives of Open Arms Assisted Living and what are their salaries?
The average compensation at Open Arms Assisted Living during 2022 was $29,497. There are 14 employees and 5 volunteers at Open Arms Assisted Living.
Here are 13 key members and their salaries:
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- Compensation: $31,730
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Official website here: www.openarmsmontbello.org/
Where can I find the form 990 for Open Arms Assisted Living?
Open Arms Assisted Living's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.openarmsmontbello.org/
Learn more at the official website: www.openarmsmontbello.org/
Mission Statement of Open Arms Assisted Living
Open Arms Assisted Living, a mission-driven organization, operates an assisted living facility for the elderly. Dedicated to serving the Montbello community and the broader Denver area, Open Arms has repurposed the St. Andrew Lutheran Elementary School into a 30-bed assisted living facility under its Home and Community-Based Services (HCBS) program. This facility provides affordable care for the elderly, ensuring they live in a supportive environment while maintaining their independence. The organization's mission is to contribute positively to the elderly community, providing them with the care and assistance they need to live comfortably and with dignity.
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Impact
July, 2024
Open Arms Assisted Living provides a crucial service in the Montbello and broader Denver community by offering affordable assisted living for the elderly. By repurposing the St. Andrew Lutheran Elementary School into a facility with 30 beds, they are able to provide much-needed care and support for seniors in need. This impact extends beyond just the residents themselves, as it also eases the burden on families and caregivers, and contributes to the overall well-being of the community.
This information is meant to be a general summary of Open Arms Assisted 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.
- Program Service Revenue: $822,915
- Gross Receipts: $828,493
Assets and Liabilities:
- Total Assets: $6,803,436
- Total Liabilities: $4,583,026
- Net Assets: $2,220,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HCBS
Revenue
$822,915
Organization Details
Founding Year
2018
Phone
(720) 319-4459Principal Officer
Peter Hynes
Main Address
12150 East Andrews Drive, Denver, CO, 80239
Website
www.openarmsmontbello.org/NTEE Category
Code: L22 - Housing
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