Overview
What is Retirement Ranches Inc?
Retirement Ranches Inc, located in Clovis, New Mexico, serves as a nonprofit organization dedicated to providing long-term healthcare and short-term skilled care to approximately 100 residents. Their primary mission involves offering comprehensive services such as skilled nursing and short-term rehabilitation, aiming to cater to the local community and surrounding area's needs. Employing 214 individuals, Retirement Ranches Inc works tirelessly to ensure the well-being and recovery of its residents, providing them with a supportive and nurturing environment.
Official website here: www.retirementranchofclovis.com
What are the reviews and ratings of this charity?
**Rating:** 96% (Four-Star out of Four Star Rating from Charity Navigator)
Retirement Ranches Inc has achieved an impressive Four-Star rating on Charity Navigator, reflecting a strong commitment to accountability and financial health. The organization excels in maintaining an independent board of directors, complete transparency in financial oversight, and high levels of program expenses dedicated directly to its mission, with nearly 89% of expenditures going to programs.
The strengths of Retirement Ranches Inc include comprehensive governance practices, such as the presence of a conflict of interest policy and a whistleblower policy, which showcases a robust ethical framework. Their fiscal management is commendable, with no reported material diversion of assets and a low liabilities-to-assets ratio, indicating sound financial health. Additionally, the organization’s website is properly listed on tax forms, further underscoring its accountability.
However, it's worth noting that while the organization excels in accountability metrics, there are currently no ratings for impact, culture, community, leadership, or adaptability. This indicates a gap in assessing the broader effectiveness of their programs and overall community impact.
User reviews from GreatNonprofits could not be fetched.
This AI summary has been generated from information found on Charity Navigator.
Is Retirement Ranches Inc legitimate?
Retirement Ranches Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retirement Ranches 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: $6,019,625
For more financial information, click here
Official website here: www.retirementranchofclovis.com
What is the mission statement of Retirement Ranches Inc?
Retirement Ranches Inc is committed to providing long-term healthcare, skilled nursing, and short-term rehabilitation services to the local community and its surrounding area. Their mission is to cater to the needs of approximately 100 residents, offering them necessary healthcare services. This non-profit organization aims to provide a supportive and nurturing environment, ensuring the well-being and recovery of its residents. Their services are designed to promote healing and independence, making a significant difference in the lives of those they serve.
Official website here: www.retirementranchofclovis.com
What is the revenue of Retirement Ranches Inc?
Retirement Ranches Inc's revenue in 2024 was $12,822,419.
Official website here: www.retirementranchofclovis.com
Who are the executives of Retirement Ranches Inc and what are their salaries?
The average compensation at Retirement Ranches Inc during 2024 was $26,172. There are 230 employees and 20 volunteers at Retirement Ranches Inc.
Here are 9 key members and their salaries:
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- Compensation: $178,903
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- Other: $54,729
- Compensation: $115,037
- Related: $0
- Other: $5,383
Official website here: www.retirementranchofclovis.com
Where can I find the form 990 for Retirement Ranches Inc?
Retirement Ranches Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.retirementranchofclovis.com
Learn more at the official website: www.retirementranchofclovis.com
Mission Statement of Retirement Ranches Inc
Retirement Ranches Inc, a reputable organization, is dedicated to providing comprehensive health care services to the local community and its surroundings. Their primary mission is to offer long-term health care, skilled nursing, and short-term rehabilitation services. This commitment extends to approximately 100 residents, ensuring they receive the necessary care and support during their stay. Retirement Ranches Inc's mission is to make a significant impact on individuals' lives, providing a safe and nurturing environment for those in need of extended health care and rehabilitation services.
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Impact
July, 2024
Retirement Ranches Inc provides crucial long-term health care, skilled nursing, and short-term rehabilitation services to approximately 100 residents in Clovis, NM and the surrounding area. Their impact is significant as they offer essential care and support to individuals in need, contributing to the overall well-being and quality of life of the local community. Through their dedication to providing these vital services, Retirement Ranches Inc plays a key role in meeting the healthcare needs of the community and ensuring that residents receive the necessary care and assistance.
This information is meant to be a general summary of Retirement Ranches 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 2024.
- Investment Income: $132,168
- Program Service Revenue: $10,283,941
- Gross Receipts: $13,252,060
Assets and Liabilities:
- Total Assets: $8,811,099
- Total Liabilities: $950,032
- Net Assets: $7,861,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE
Revenue
$10,283,941
Organization Details
Founding Year
1960
Principal Officer
Harry Pomeroy Jr
NTEE Category
Code: E91 - Health
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