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Holladay Park Plaza

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930513697 ✦ Medford, OR ✦ Designated as a 501(c)(3)

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Overview

What is Holladay Park Plaza?

Holladay Park Plaza is a not-for-profit retirement community located in Portland, Oregon, with a address at 1300 NE 16th Avenue, 97232. The organization is dedicated to enhancing the lives of its residents by providing high-quality services and creating a stimulating, secure environment. These services include housing, nutritious meals, nursing, housekeeping, maintenance, and support, available for those in independent living, assisted living, and skilled nursing levels. With a team of experienced and educated staff and directors, Holladay Park Plaza encourages an active lifestyle and offers spiritual and social opportunities. Committed to excellence, they provide diverse dining options, comprehensive wellness services, and personalized care. As good financial stewards, they support their residents while maintaining reasonable costs for the services provided.


Official website here: www.retirement.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Stars)

Holladay Park Plaza has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization excels with a perfect score for its independent board members and audit oversight, showcasing its commitment to transparency and governance. The high program expense ratio suggests that a significant portion of its funding is directed towards its programs and services.

The nonprofit's accountability measures are noteworthy, as it has implemented various policies such as conflict of interest and whistleblower protections, ensuring ethical operations. Its financial statements are also readily accessible, contributing to its credibility. However, the organization's liabilities to assets ratio is relatively high at 63.72%, which may raise concerns about its financial stability in the long term.

Overall, while Holladay Park Plaza demonstrates strong governance and a focus on programmatic effectiveness, potential donors might want to consider its financial ratios as part of their decision-making process. The organization appears to be well-managed, providing a level of assurance for supporters looking for responsible philanthropic opportunities.


This AI summary has been generated from information found on Charity Navigator.

Is Holladay Park Plaza legitimate?

Holladay Park Plaza is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holladay Park Plaza 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: $280,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,229,825

For more financial information, click here


Official website here: www.retirement.org

What is the mission statement of Holladay Park Plaza?

Holladay Park Plaza is a premier not-for-profit retirement community where all are welcome. The organization strives to continually enrich the lives of its residents by staying attuned to their evolving needs and encouraging an active lifestyle. Committed to excellence, Holladay Park Plaza employs experienced and educated staff and directors, with resident involvement playing a significant role. The community offers high-quality services, including a diverse dining program, comprehensive wellness services, and personalized care. Holladay Park Plaza is dedicated to being good financial stewards while providing support for residents when needed, ensuring costs remain commensurate with the services provided. The community honors and respects all its members.


Official website here: www.retirement.org

What is the revenue of Holladay Park Plaza?

Holladay Park Plaza's revenue in 2023 was $22,148,904.


Official website here: www.retirement.org

Who are the executives of Holladay Park Plaza and what are their salaries?

The average compensation at Holladay Park Plaza during 2023 was $27,817. There are 270 employees and 12 volunteers at Holladay Park Plaza.

Here are 9 key members and their salaries:


Susan Platte (Executive Director)
  • Compensation: $286,040
  • Related: $0
  • Other: $46,893
Theresa Terrill (Regional Human Resources Director)
  • Compensation: $160,106
  • Related: $0
  • Other: $38,755
Katelynn Samuelson-Nguyen (Administrator)
  • Compensation: $123,324
  • Related: $0
  • Other: $31,624
Amy Bohna (Director Of Nursing)
  • Compensation: $122,598
  • Related: $0
  • Other: $10,370
Lynn Johnson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Mclaughlin (Vice Chair / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ellis (Resident Director (Through July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Jenson (Resident Director (As Of July 2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.retirement.org

Where can I find the form 990 for Holladay Park Plaza?

Holladay Park Plaza's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.retirement.org

Learn more at the official website: www.retirement.org

Mission Statement of Holladay Park Plaza

Holladay Park Plaza, a premier not-for-profit retirement community, warmly welcomes all residents and is dedicated to continuously enriching their lives. Aware of the evolving needs of retirees, Holladay Park Plaza encourages an active lifestyle and offers opportunities for spiritual, social, and personal growth. Committed to excellence in the industry, the community boasts a team of experienced and educated staff and directors, supplemented by resident involvement.

Holladay Park Plaza's high-quality services include a diverse dining program, comprehensive wellness services, and personalized care, ensuring residents' needs are met with dignity and respect. The community is also committed to being good financial stewards, supporting residents in times of need while keeping costs in line with the services provided. The residents of Holladay Park Plaza are honored and respected, with their unique experiences and perspectives valued as essential contributions to the vibrant community.

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Impact




October, 2024

Holladay Park Plaza significantly enhances the quality of life for its residents by offering a holistic approach to retirement living. This premier retirement community in Portland, Oregon, provides a secure and stimulating environment tailored to meet the diverse needs of retirees. With a focus on an active lifestyle, it promotes social engagement and spiritual development, vital for the well-being of older adults.

The range of high-quality services available, including independent living, assisted living, and skilled nursing, ensures that residents receive the support necessary to thrive at every stage of their retirement journey. Residents benefit from nutritious dining options and comprehensive wellness services, which foster physical health and vitality.

Holladay Park Plaza also emphasizes community involvement and the importance of personalized care, valuing each resident's individual needs and preferences. Additionally, the experienced staff and dedicated directors ensure that the establishment not only meets but exceeds industry standards of excellence. Through responsible financial stewardship, they strive to keep services affordable while providing necessary support, thus fostering a sense of community and belonging among residents.

Overall, Holladay Park Plaza stands out as a model for enriching the lives of retirees through inclusive, compassionate care and an unwavering commitment to their well-being.




This information is meant to be a general summary of Holladay Park Plaza. 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.

Revenue
$22,148,904 (2023)
Expenses
$22,639,805 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $304,095
  • Program Service Revenue: $19,847,599
  • Gross Receipts: $26,043,607

Assets and Liabilities:

  • Total Assets: $76,804,463
  • Total Liabilities: $48,940,506
  • Net Assets: $27,863,957

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICE FEES

Revenue

$11,468,776

HEALTH CENTER

Revenue

$4,723,558

ENTRANCE FEES

Revenue

$3,176,148

ALL OTHER

Revenue

$247,775

GARAGE & CARPORT

Revenue

$130,027

Organization Details

Founding Year

1967

Principal Officer

Tom Fuller

NTEE Category

Code: P75 - Human services

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