Overview
What is Los Alamos Retirement Communityinc?
Los Alamos Retirement Communityinc is a nonprofit organization located at 1011 Sombrillo Court, Los Alamos, New Mexico, 87544. This community caters to the needs of retired persons, elderly individuals, and convalescent persons. By providing facilities and services, they prioritize the accommodations of this demographic, ensuring a comfortable and supportive environment for their residents. The organization, employing a total of 178 individuals, is dedicated to enhancing the quality of life for its residents, offering essential care and assistance as needed.
Official website here: www.larcnm.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Los Alamos Retirement Communityinc has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas that require attention, particularly in financial transparency. The overall score is 66%, reflecting strengths in board independence and governance policies, but the organization struggles greatly with financial statement availability and ratios, which impacts its overall accountability.
The organization demonstrates a commitment to good governance practices, with complete scores in areas such as independent board size and conflict of interest policies. However, the absence of financial statements and low scores in liabilities to assets ratio suggest potential issues in financial management and reporting, which are crucial for stakeholders seeking reassurance about the nonprofit's fiscal health.
While Los Alamos Retirement Communityinc has some commendable operational practices, the serious gaps in financial information may hinder trust and confidence among donors and the community it serves. Addressing these concerns could enhance its rating and overall effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Los Alamos Retirement Communityinc legitimate?
Los Alamos Retirement Communityinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Alamos Retirement Communityinc 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: $3,766,044
For more financial information, click here
Official website here: www.larcnm.com
What is the mission statement of Los Alamos Retirement Communityinc?
The Los Alamos Retirement Communityinc is dedicated to offering accommodations and essential services for retired persons, elderly individuals, and convalescent people. Their primary mission is to create an environment where these groups can feel comfortable and well-catered to, enabling them to enjoy their retirement years or recover from health setbacks. They provide facilities and services tailored to meet the unique needs of seniors and those requiring post-illness care. By focusing on the needs of this demographic, the community aims to ensure that its residents can live their best lives in a supportive and caring atmosphere.
Official website here: www.larcnm.com
What is the revenue of Los Alamos Retirement Communityinc?
Los Alamos Retirement Communityinc's revenue in 2023 was $13,154,241.
Official website here: www.larcnm.com
Who are the executives of Los Alamos Retirement Communityinc and what are their salaries?
The average compensation at Los Alamos Retirement Communityinc during 2023 was $21,039. There are 179 employees at Los Alamos Retirement Communityinc.
Here are 6 key members and their salaries:
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Official website here: www.larcnm.com
Where can I find the form 990 for Los Alamos Retirement Communityinc?
Los Alamos Retirement Communityinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.larcnm.com
Learn more at the official website: www.larcnm.com
Mission Statement of Los Alamos Retirement Communityinc
Los Alamos Retirement Communityinc is a dedicated organization that caters to the needs of retired persons, elderly persons, and convalescent persons. Its primary mission is to offer accommodating facilities and essential services tailored to these individuals. By prioritizing their comfort and well-being, the community aims to create an environment conducive to peaceful living and recovery.
Established with the intention of providing top-notch care, Los Alamos Retirement Communityinc offers an array of facilities and services to cater to its residents. These offerings include skilled care facilities designed to accommodate the unique needs of retired, elderly, and convalescent persons. By focusing on their specific requirements, the community ensures that every resident receives the care and attention they deserve, enabling them to live their lives with dignity and independence.
In essence, Los Alamos Retirement Communityinc goes beyond the typical expectations of a retirement community. Its unwavering commitment to the well-being of its residents makes it an invaluable resource for those seeking a supportive living environment. By offering tailored services and accommodations, the community fosters a sense of belonging, ensuring that each resident feels cared for and valued.
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Impact
October, 2024
Los Alamos Retirement Community Inc. plays a vital role in enhancing the quality of life for retired, elderly, and convalescent individuals in Los Alamos, NM. By providing essential facilities and services, the community ensures that these individuals receive the care and support they need to thrive in a comfortable environment.
The skilled care facility is designed to accommodate the unique needs of its residents, including those requiring specialized assistance or rehabilitation. This focus on personalized care fosters a sense of dignity, independence, and well-being among residents, allowing them to maintain their quality of life through tailored support.
Moreover, the presence of such a facility contributes positively to the broader community by promoting awareness of the needs of aging populations and encouraging a culture of compassion and respect for elderly residents. By supporting both the physical and emotional well-being of its residents, Los Alamos Retirement Community Inc. strengthens community ties and enhances the overall health of its aging population.
This information is meant to be a general summary of Los Alamos Retirement Communityinc. 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 2023.
- Investment Income: $31,610
- Program Service Revenue: $9,007,904
- Gross Receipts: $18,281,640
Assets and Liabilities:
- Total Assets: $9,468,824
- Total Liabilities: $10,141,344
- Net Assets: -$672,520
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$9,007,904
Organization Details
Founding Year
1976
Principal Officer
Betty Scherrer
Website
www.larcnm.comNTEE Category
Code: P75 - Human services
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