Overview
What is Bay Area Senior Services Inc?
Bay Area Senior Services Inc is a nonprofit organization based in San Mateo, California. They specialize in providing housing and essential services for the elderly through their retirement community, The Peninsula Regent. This community is managed and leased by Bay Area Senior Services, Inc., offering care and support for the elderly population.
Official website here: www.retirement.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Bay Area Senior Services Inc has earned a Three-Star rating from Charity Navigator, reflecting an 81% score primarily based on its Accountability & Finance. The high rating indicates a strong commitment to transparency and financial integrity, with an independent board and well-defined policies in place to ensure ethical management of resources.
The organization excels in areas such as board independence and financial oversight, scoring full points in various categories like the audit and oversight committee, conflict of interest policy, and whistleblower protections. Notably, it has a solid program expense ratio of nearly 75%, suggesting that a significant portion of its budget is directed towards its mission-related activities.
However, the organization has a low score in the liabilities to assets ratio, which raises some concerns about financial stability. Although no material diversions of assets were reported, potential liabilities could indicate future risks. Overall, while Bay Area Senior Services Inc demonstrates strong accountability practices, stakeholders may want to consider its financial leverage when evaluating the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Area Senior Services Inc legitimate?
Bay Area Senior Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Area Senior Services 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: $251,168
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,776,678
For more financial information, click here
Official website here: www.retirement.org
What is the mission statement of Bay Area Senior Services Inc?
Bay Area Senior Services Inc is dedicated to catering for the needs of the elderly population. They offer housing and associated services to ensure the welfare of the older adults. The organization's mission is focused on providing care and support for the elderly community. Through their efforts, they create an environment that prioritizes the wellbeing and comfort of seniors. Their services are designed to enhance the quality of life for the elderly population, ensuring they receive the necessary care and attention they deserve. Bay Area Senior Services Inc strives to create a community where seniors can live comfortably and independently, with access to essential services and resources. Their commitment to the elderly extends beyond housing, encompassing a comprehensive approach to meet their physical, emotional, and social needs.
Official website here: www.retirement.org
What is the revenue of Bay Area Senior Services Inc?
Bay Area Senior Services Inc's revenue in 2023 was $20,469,841.
Official website here: www.retirement.org
Who are the executives of Bay Area Senior Services Inc and what are their salaries?
The average compensation at Bay Area Senior Services Inc during 2023 was $39,931. There are 176 employees and 6 volunteers at Bay Area Senior Services Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $528,324
- Other: $27,036
- Compensation: $161,223
- Related: $0
- Other: $21,585
- Compensation: $174,968
- Related: $0
- Other: $6,514
- Compensation: $162,362
- Related: $0
- Other: $4,960
- Compensation: $129,637
- Related: $0
- Other: $32,408
- Compensation: $134,776
- Related: $0
- Other: $5,525
- Compensation: $132,600
- Related: $0
- Other: $23,400
- 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.retirement.org
Where can I find the form 990 for Bay Area Senior Services Inc?
Bay Area Senior Services Inc'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 Bay Area Senior Services Inc
Bay Area Senior Services Inc, a notable nonprofit organization, is committed to caring for the elderly. In pursuit of this mission, the organization operates and manages The Peninsula Regent, a retirement community that offers more than just housing for the elderly.
Located in California, The Peninsula Regent is a retirement community that goes above and beyond in catering to the unique needs of the elderly population. Bay Area Senior Services Inc, the dedicated operator of this community, ensures that its residents receive not only a place to call home but also a range of related services designed to enhance their quality of life.
The Peninsula Regent is more than just a housing facility. It is a vibrant community where the elderly can live comfortably and securely. Bay Area Senior Services Inc's team is dedicated to providing the necessary care and support to enable its residents to enjoy their golden years to the fullest. By offering a variety of services tailored to the elderly, this organization strives to make a positive difference in their lives.
In summary, Bay Area Senior Services Inc is a compassionate organization that provides care and housing for the elderly. Through its management of The Peninsula Regent retirement community, it offers its residents a nurturing and supportive environment where they can live comfortably and receive the care they need to thrive.
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Impact
October, 2024
Bay Area Senior Services Inc significantly enhances the quality of life for the elderly in San Mateo, California, through its operation of The Peninsula Regent retirement community. By providing safe and comfortable housing options, it addresses the critical needs of senior citizens, ensuring they have access to essential services and amenities tailored to their unique requirements.
The Peninsula Regent fosters a supportive and engaging environment for its residents, promoting social interaction and community bonds. By facilitating a lifestyle that emphasizes well-being and independence, Bay Area Senior Services Inc plays a crucial role in alleviating feelings of isolation often experienced by seniors.
In addition to housing, the organization offers various related services designed to assist elderly residents in maintaining their health and overall quality of life. This comprehensive approach not only benefits the individuals living in the community but also positively impacts families, allowing them peace of mind knowing their loved ones are in a nurturing and secure setting.
Overall, Bay Area Senior Services Inc is a vital contributor to the San Mateo community, enhancing the lives of the elderly and helping to create an inclusive environment that respects and honors their dignity.
This information is meant to be a general summary of Bay Area Senior Services 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 2023.
- Investment Income: $4,932
- Program Service Revenue: $17,990,725
- Gross Receipts: $23,216,681
Assets and Liabilities:
- Total Assets: $57,215,807
- Total Liabilities: $44,620,971
- Net Assets: $12,594,836
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE FEES
Revenue
$14,591,822
OTHER SERVICES
Revenue
$2,780,433
LEVEL OF CARE
Revenue
$477,664
DIETARY
Revenue
$96,403
GARAGE & CARPORT
Revenue
$43,994
Organization Details
Founding Year
1986
Phone
(888) 724-6424Principal Officer
Martin Herter
Main Address
1 WEST MAIN SUITE 303, MEDFORD, OR, 97501
Website
www.retirement.orgNTEE Category
Code: L22 - Housing
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