Overview
What is El Castillo Retirement Residences?
El Castillo Retirement Residences is a nonprofit organization based in Santa Fe, New Mexico, specifically at 250 East Alameda, ZIP code 87501. With a workforce of 186 employees, their primary mission is to provide a nurturing environment for the elderly. They offer various levels of care, including independent living, assisted living, nursing, and memory care, catering to approximately 151 elderly individuals during the fiscal year. Their ultimate goal is to enrich the lives of older adults through community living, ensuring they receive housing, meals, and necessary medical care. The organization, known as El Castillo Residences, is dedicated to constructing, managing, and maintaining residential, nursing, and protective-care facilities for the elderly, ensuring their well-being and comfort.
Official website here: www.elcastilloretirement.com
What are the reviews and ratings of this charity?
El Castillo Retirement Residences has received a three-star rating from Charity Navigator, with an overall score of 80%. This rating reflects its satisfactory performance, primarily based on its Accountability & Finance capabilities, although some areas show room for improvement. The organization is noted for having a strong framework in place for accountability with all board members being independent.
Significant strengths include full marks for having an Independent Audit and Oversight Committee, absence of material asset diversion, and comprehensive internal policies such as conflict of interest and whistleblower policies. However, a downside is its high liabilities to assets ratio, which scored 0 out of 15 points, indicating financial concerns that need addressing.
The organization’s program expense ratio is commendable at 69.16%, demonstrating a strong focus on its core objectives. However, the inability to post its tax form on its website slightly decreased its score. Impact and measurement aspects were not evaluated, potentially limiting stakeholders' understanding of the full scope of its operations. No user reviews from GreatNonprofits were available to provide additional insights from the community.
This AI summary has been generated from information found on Charity Navigator.
Is El Castillo Retirement Residences legitimate?
El Castillo Retirement Residences is a legitimate nonprofit organization registered as a 501(c)(3) entity. El Castillo Retirement Residences 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: $512,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,770,300
For more financial information, click here
Official website here: www.elcastilloretirement.com
What is the mission statement of El Castillo Retirement Residences?
El Castillo Retirement Residences is committed to enriching the lives of older adults through community living. Their mission is to construct, manage, and maintain residential, nursing, and protective-care facilities and services designed for the elderly. The organization provides various levels of continuing and long-term care, including independent living, assisted living, nursing, and memory care, accommodating around 151 elderly individuals during the fiscal year, offering housing, meals, and medical care.
Official website here: www.elcastilloretirement.com
Who is the CEO of El Castillo Retirement Residences?
Allen Jahner is the Principal Officer of El Castillo Retirement Residences. The CEO's salary of El Castillo Retirement Residences is $274,332 and their total compensation is $319,832.
Official website here: www.elcastilloretirement.com
What is the revenue of El Castillo Retirement Residences?
El Castillo Retirement Residences's revenue in 2022 was $11,771,221.
Official website here: www.elcastilloretirement.com
Who are the executives of El Castillo Retirement Residences and what are their salaries?
The average compensation at El Castillo Retirement Residences during 2022 was $28,400. There are 186 employees and 10 volunteers at El Castillo Retirement Residences.
Here are 12 key members and their salaries (El Castillo Retirement Residences's CEO's salary is $274,332 and their total compensation is $319,832):
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- Compensation: $274,332
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- Other: $45,500
- Compensation: $196,939
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- Other: $19,839
Official website here: www.elcastilloretirement.com
Where can I find the form 990 for El Castillo Retirement Residences?
El Castillo Retirement Residences's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.elcastilloretirement.com
Learn more at the official website: www.elcastilloretirement.com
Mission Statement of El Castillo Retirement Residences
El Castillo Retirement Residences is committed to enhancing the lives of older adults by providing community living opportunities. Their mission is twofold: firstly, they aim to construct, manage, and maintain residential, nursing, and protective-care facilities and services for the elderly. Secondly, they strive to enrich the lives of elderly individuals through these facilities, offering housing, meals, and medical care across four levels of care: independent living, assisted living, nursing, and memory care. During the fiscal year, approximately 151 elderly persons benefited from these services, demonstrating El Castillo Retirement Residences' dedication to serving the needs of their elderly residents.
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Impact
July, 2024
El Castillo Retirement Residences has a significant impact on enriching the lives of older adults through community living. By providing four levels of continuing and long-term care - independent living, assisted living, nursing, and memory care - El Castillo serves approximately 151 elderly individuals in Santa Fe, NM. Through its mission to build, own, operate, and maintain residential, nursing, and protective care facilities and services for the elderly, El Castillo plays a vital role in ensuring the wellbeing and quality of life for its residents.
This information is meant to be a general summary of El Castillo Retirement Residences. 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: $71,339
- Program Service Revenue: $11,275,994
- Gross Receipts: $12,034,292
Assets and Liabilities:
- Total Assets: $122,205,602
- Total Liabilities: $109,640,809
- Net Assets: $12,564,793
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LONG TERM CARE PROGRAM SERVICE
Revenue
$11,275,994
Organization Details
Founding Year
1969
Phone
(505) 988-2877Principal Officer
Allen Jahner
Main Address
250 EAST ALAMEDA, SANTA FE, NM, 875012186
Website
www.elcastilloretirement.comIf you are a representative of El Castillo Retirement Residences and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.