Overview
What is Aldersly?
Aldersly is a nonprofit organization located in San Rafael, California, providing housing and nursing services for approximately 100 senior citizens who have entered into a continuing care and lodging agreement. With a workforce of 54 employees, Aldersly offers maintained residential facilities for the elderly, ensuring their healthcare needs are met through nursing services. The mission of Aldersly is dedicated to improving the lives of senior citizens by providing them with a safe and supportive living environment.
Official website here: www.aldersly.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Aldersly has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 96% overall, with notable strengths including 100% independent board members and an excellent program expense ratio of 82.49%, reflecting a strong commitment to its mission. Additional commendable aspects include effective audit oversight and no material diversion of assets, suggesting robust governance practices.
The financial metrics associated with Aldersly demonstrate sound management, with a liabilities to assets ratio of 33.47% and a working capital ratio of 2.79 years. This indicates that the charity has adequate resources to meet its obligations and sustain operations over the long term. Fundraising efficiency is also strong, with only $0.05 spent to raise a dollar, highlighting the organization's effective fundraising strategies.
While the organization shows exemplary performance in various financial and governance aspects, continuous vigilance in maintaining these standards is essential for long-term success. The commitment to transparency, as evidenced by documented policies and public disclosures, reinforces trust and accountability to donors and stakeholders. Overall, Aldersly stands out as a well-managed nonprofit committed to its mission with effective governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Aldersly legitimate?
Aldersly is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aldersly 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: $464,833
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,338,068
For more financial information, click here
Official website here: www.aldersly.com
What is the mission statement of Aldersly?
Aldersly is dedicated to providing housing and nursing services to senior citizens. Their mission is geared towards ensuring the well-being of elderly individuals by maintaining residential healthcare facilities where seniors have entered into a continuing care and lodging agreement. The organization offers nursing services and assisted living, accommodating approximately 100 seniors. By focusing on housing and healthcare, Aldersly aims to create an environment where senior citizens can live comfortably and receive the necessary care they require.
Official website here: www.aldersly.com
Who is the CEO of Aldersly?
Gilbert Carrasco is the Executive Director (Until 3/30/22) of Aldersly.
Official website here: www.aldersly.com
What is the revenue of Aldersly?
Aldersly's revenue in 2022 was $17,581,570.
Official website here: www.aldersly.com
Who are the executives of Aldersly and what are their salaries?
The average compensation at Aldersly during 2022 was $70,424. There are 54 employees and 8 volunteers at Aldersly.
Here are 15 key members and their salaries:
- Compensation: $184,466
- Related: $0
- Other: $55,749
- Compensation: $105,348
- Related: $0
- Other: $21,066
- Compensation: $105,390
- Related: $0
- Other: $18,454
- Compensation: $123,600
- Related: $0
- Other: $0
- Compensation: $115,360
- Related: $0
- Other: $1,755
- Compensation: $103,012
- Related: $0
- Other: $4,315
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aldersly.com
Where can I find the form 990 for Aldersly?
Aldersly's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aldersly.com
Learn more at the official website: www.aldersly.com
Mission Statement of Aldersly
Aldersly, a distinguished nonprofit organization, is dedicated to providing housing and essential nursing services to senior citizens in need. By entering into a continuing care and lodging agreement, elderly individuals receive the assurance of a secure living environment, coupled with professional nursing care.
Approximately 100 seniors have benefited from Aldersly's commitment to their well-being. The organization maintains residential healthcare facilities that cater specifically to the unique needs of this demographic. Residents are offered not only a place to call home but also access to an array of nursing services, ensuring they receive the necessary assistance and care to enhance their quality of life.
At Aldersly, the wellbeing of senior citizens is treated with the utmost importance. The organization's residential healthcare facilities offer a welcoming and secure atmosphere, allowing the elderly to live comfortably while receiving professional nursing services. The focus on both housing and nursing services ensures that seniors receive comprehensive care, enabling them to maintain their independence and dignity.
By offering a continuing care and lodging agreement, Aldersly provides peace of mind to seniors and their families. This agreement guarantees that residents will have access to the care and assistance they need as their requirements change over time. With Aldersly's unwavering dedication to the wellbeing of senior citizens, they can confidently embark on this new chapter of their lives, knowing they are in capable and caring hands.
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Impact
October, 2024
Aldersly has a significant impact on the lives of senior citizens in San Rafael, California, by providing essential housing and nursing services. The organization operates residential health care facilities tailored for seniors, ensuring they have a safe and supportive environment as they age.
Through its commitment to maintaining high standards of care, Aldersly serves approximately 100 seniors, offering them not just a place to live, but also the medical support and assisted living services they need to maintain their health and well-being. This comprehensive approach helps residents navigate the challenges of aging, while fostering a sense of community and belonging.
By focusing on the unique needs of older adults, Aldersly plays a crucial role in enhancing their quality of life, helping them live with dignity and comfort during their later years.
This information is meant to be a general summary of Aldersly. 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: $1,794,018
- Program Service Revenue: $7,929,402
- Gross Receipts: $20,734,308
Assets and Liabilities:
- Total Assets: $43,324,427
- Total Liabilities: $14,506,695
- Net Assets: $28,817,732
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDEPENDENT LIVING FEE
Revenue
$3,089,865
SKILLED NURSING FEES
Revenue
$1,800,586
ASSISTED LIVING FEES
Revenue
$1,493,770
ENTRANCE FEES
Revenue
$889,014
MEMORY CARE LIVING FEE
Revenue
$656,167
Organization Details
Founding Year
1921
Phone
(415) 453-7425Principal Officer
Gilbert Carrasco
Main Address
326 MISSION AVENUE, SAN RAFAEL, CA, 949013484
Website
www.aldersly.comNTEE Category
Code: P750 - Human services
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