Overview
What is Panorama?
Panorama is a continuing care retirement community situated at 1751 Circle Lane SE, Lacey, WA, 98503. With a workforce of 431 employees, Panorama offers 840 residential family dwelling units, including 43 assisted living units, and a licensed 155-bed skilled nursing facility. The community boasts various facilities, such as a community hall with a restaurant, aquatic and fitness center, pharmacy, travel agency, gift and grocery shop, beauty salon, one brokerage firm, a volunteer resident council, and common areas for recreational and social use. Panorama's mission is to enrich the lives of its residents by encouraging individual growth and overall wellness, while ensuring security and uncompromising care, enabling each member to thrive throughout their aging process.
Official website here: www.panorama.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
Panorama has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The charity's overall score of 92% is derived entirely from its accountability and finance metrics, indicating robust financial management practices. With a fully independent board and comprehensive policies in place, Panorama demonstrates a high level of governance and transparency.
Strengths highlighted in the evaluation include a fully independent board, a strong audit and oversight committee, and a high program expense ratio, which shows that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also maintains well-documented policies on conflict of interest, whistleblower protections, and document retention, further reinforcing its commitment to ethical operations.
However, while Panorama excels in several areas, there is a noted liability to assets ratio of 55.57%, which could be seen as a potential concern regarding financial stability. Despite this, the charity maintains overall strong financial health and governance practices, making it a reliable organization for donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Panorama legitimate?
Panorama is a legitimate nonprofit organization registered as a 501(c)(3) entity. Panorama 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: $1,723,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,306,379
For more financial information, click here
Official website here: www.panorama.org
What is the mission statement of Panorama?
Panorama is a community dedicated to enriching the lives of its residents. Its mission is to provide support and care to individuals as they age, promoting overall wellness and offering security. Residents are given the opportunity to thrive through various stages of aging, with access to resources for personal enrichment and inspiring environments. Panorama offers a range of community facilities including a restaurant, aquatic and fitness center, pharmacy, travel agency, gift and grocery shop, beauty salon, volunteer resident council, and common areas for recreational and social use. The community supports its members with 840 residential family dwelling units, 43 assisted living units, and a skilled nursing facility with 155 beds.
Official website here: www.panorama.org
Who is the CEO of Panorama?
Charles W Strader is the Chairman of Panorama. The CEO's salary of Panorama is $512,853 and their total compensation is $609,618.
Official website here: www.panorama.org
What is the revenue of Panorama?
Panorama's revenue in 2022 was $47,071,330.
Official website here: www.panorama.org
Who are the executives of Panorama and what are their salaries?
The average compensation at Panorama during 2022 was $41,832. There are 431 employees and 400 volunteers at Panorama.
Here are 14 key members and their salaries (Panorama's CEO's salary is $512,853 and their total compensation is $609,618):
- Compensation: $33,400
- Related: $0
- Other: $0
- Compensation: $33,400
- Related: $0
- Other: $0
- Compensation: $33,400
- Related: $0
- Other: $0
- Compensation: $29,800
- Related: $0
- Other: $0
- Compensation: $29,800
- Related: $0
- Other: $0
- Compensation: $29,800
- Related: $0
- Other: $0
- Compensation: $29,800
- Related: $0
- Other: $0
- Compensation: $512,853
- Related: $0
- Other: $96,765
- Compensation: $496,796
- Related: $0
- Other: $114,573
- Compensation: $236,210
- Related: $0
- Other: $28,350
- Compensation: $212,480
- Related: $0
- Other: $33,813
- Compensation: $206,326
- Related: $0
- Other: $19,449
- Compensation: $193,702
- Related: $0
- Other: $30,127
- Compensation: $193,589
- Related: $0
- Other: $19,945
Official website here: www.panorama.org
Where can I find the form 990 for Panorama?
Panorama's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.panorama.org
Learn more at the official website: www.panorama.org
Mission Statement of Panorama
Panorama, a continuing care retirement community, is dedicated to enriching the lives of its residents by providing them with a supportive environment that fosters overall wellness and security. The mission of Panorama is threefold: first, to inspire individual enrichment, enabling each resident to reach their full potential; second, to offer uncompromising care when needed, ensuring the opportunity to thrive; and third, to create a community where members can connect and engage in various social and recreational activities.
Panorama's commitment to its residents goes beyond the basics of shelter and care. With 840 residential family dwelling units, including 43 assisted living units, and a licensed 155-bed skilled nursing facility, the community offers a range of facilities designed to promote well-being. Among these facilities are a community hall with a restaurant, an aquatic and fitness center, a pharmacy, travel agency, gift and grocery shop, beauty salon, one brokerage firm, a volunteer resident council, and common areas for recreational and social use. These amenities cater to the diverse needs and interests of the Panorama community, making it a true home for its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Panorama significantly enhances the quality of life for its residents by providing a supportive and enriching environment tailored to the various stages of aging. The community offers a blend of residential options, including 840 family dwelling units and 43 assisted living units, alongside a licensed skilled nursing facility with 155 beds.
Residents benefit from an array of amenities designed to promote well-being and connection, such as a community hall with a restaurant, an aquatic and fitness center, a pharmacy, a travel agency, and various shops, including a grocery store and beauty salon. The presence of common areas fosters social interaction and recreational activities, encouraging residents to engage with one another and build lasting relationships.
Panorama's commitment to inspiring individual enrichment and overall wellness is evident in its mission to provide security and uncompromising care. The organization empowers residents to thrive by addressing their physical, emotional, and social needs, creating a vibrant community where individuals feel supported and valued throughout their aging journey.
This information is meant to be a general summary of Panorama. 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: $293,732
- Program Service Revenue: $46,361,375
- Gross Receipts: $74,987,163
Assets and Liabilities:
- Total Assets: $219,048,634
- Total Liabilities: $123,410,879
- Net Assets: $95,637,755
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETIREMENT COMMUNITY
Revenue
$33,225,679
CONVALESCENT CENTER
Revenue
$13,135,696
Organization Details
Founding Year
1964
Phone
(360) 456-0111Principal Officer
Charles W Strader
Main Address
1751 CIRCLE LANE SE, LACEY, WA, 985032570
Website
www.panorama.orgNTEE Category
Code: P750 - Human services
If you are a representative of Panorama 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.