Overview
What is Bixby Knolls Towers Inc?
Bixby Knolls Towers Inc is a 52-year-old nonprofit organization based in Long Beach, California. With a workforce of 123 employees, they offer skilled nursing and assisted living facilities for senior citizens, encompassing 168 independent living units, 53 assisted living units, and a 99-bed skilled nursing facility. The organization has been a proud member of Retirement Housing Foundation (RHF), one of the nation's largest non-profit housing and services providers for older adults, individuals with disabilities, and low-income families, for many years. Their mission is to create a comfortable and socially engaging community for seniors.
Official website here: www.bixbyknollstowers.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Bixby Knolls Towers Inc has achieved a Three-Star rating from Charity Navigator, primarily based on its accountability and finance metrics. The organization's strong score reflects a commitment to financial transparency, with 100% of its board members being independent and a well-structured oversight committee ensuring proper audit practices. The organization also excels in maintaining essential policies, such as conflict of interest and whistleblower protections, which bolster its accountability.
One notable strength is the high program expense ratio of 82.24%, indicating that a significant portion of its expenses is directed towards its programs rather than administrative costs. This efficiency suggests that Bixby Knolls Towers Inc is focused on maximizing its impact and delivering value to its beneficiaries. The organization provides transparency in its financial reporting, as evidenced by its comprehensive documentation practices.
However, the organization does face a challenge with its liabilities to assets ratio, reported at 141.71%, which may raise concerns about its financial stability. While the high accountability scores are commendable, prospective donors and stakeholders should consider this ratio when evaluating the nonprofit's overall financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Bixby Knolls Towers Inc legitimate?
Bixby Knolls Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bixby Knolls Towers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,159,101
For more financial information, click here
Official website here: www.bixbyknollstowers.org
What is the mission statement of Bixby Knolls Towers Inc?
Bixby Knolls Towers Inc is dedicated to creating a community that fosters comfort and social engagement for senior citizens. With a focus on skilled nursing and assisted living, they offer 168 independent living units, 53 assisted living units, and a 99-bed skilled nursing facility. For over five decades, Bixby Knolls has been serving the senior community, proudly affiliated with Retirement Housing Foundation (RHF). RHF, a leading non-profit provider of housing and services for older adults, persons with disabilities, and low-income families, is home to Bixby Knolls Towers Inc. Their mission aligns with providing a nurturing environment that enhances the quality of life for seniors.
Official website here: www.bixbyknollstowers.org
Who is the CEO of Bixby Knolls Towers Inc?
Stuart J Hartman is the CEO of Bixby Knolls Towers Inc The CEO's salary of Bixby Knolls Towers Inc is $0 and their total compensation is $682,064.
Official website here: www.bixbyknollstowers.org
What is the revenue of Bixby Knolls Towers Inc?
Bixby Knolls Towers Inc's revenue in 2023 was $17,315,064.
Official website here: www.bixbyknollstowers.org
Who are the executives of Bixby Knolls Towers Inc and what are their salaries?
The average compensation at Bixby Knolls Towers Inc during 2023 was $25,684. There are 123 employees and 35 volunteers at Bixby Knolls Towers Inc.
Here are 26 key members and their salaries (Bixby Knolls Towers Inc's CEO's salary is $0 and their total compensation is $682,064):
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- Related: $608,035
- Other: $74,029
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- Other: $17,519
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- Other: $43,069
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- Related: $239,282
- Other: $29,102
- Compensation: $0
- Related: $242,812
- Other: $11,672
- Compensation: $0
- Related: $214,343
- Other: $15,930
- Compensation: $0
- Related: $235,353
- Other: $42,526
- Compensation: $0
- Related: $218,679
- Other: $16,908
- Compensation: $0
- Related: $231,220
- Other: $42,394
- Compensation: $0
- Related: $196,730
- Other: $13,455
- Compensation: $0
- Related: $195,871
- Other: $18,163
- Compensation: $0
- Related: $165,017
- Other: $12,398
- Compensation: $0
- Related: $158,830
- Other: $21,653
Official website here: www.bixbyknollstowers.org
Where can I find the form 990 for Bixby Knolls Towers Inc?
Bixby Knolls Towers Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bixbyknollstowers.org
Learn more at the official website: www.bixbyknollstowers.org
Mission Statement of Bixby Knolls Towers Inc
Bixby Knolls Towers Inc, a esteemed non-profit organization, is dedicated to creating an atmosphere in its community that fosters comfort and social engagement. With a rich history spanning over five decades, this institution has been a beacon of support for senior citizens, providing them with skilled nursing and assisted living solutions.
The organization offers a range of living arrangements, comprising of 168 independent living units, 53 assisted living units, and a 99-bed skilled nursing facility. These options cater to the varying needs of the elderly population, ensuring they receive the appropriate level of care. Bixby Knolls Towers Inc is proud to be part of Retirement Housing Foundation (RHF), one of the nation's largest non-profit providers of housing and services for older adults, persons with disabilities, and low-income families.
Bixby Knolls Towers Inc's mission goes beyond just providing a place to live. It strives to build an environment where senior citizens can thrive and engage with their peers. The organization's commitment to comfort is reflected in its skilled nursing and assisted living services, designed to cater to the unique requirements of the elderly population. As they have served their community for 52 years, Bixby Knolls Towers Inc continues to uphold its mission, creating an atmosphere of warmth, care, and engagement for its residents.
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Impact
October, 2024
Bixby Knolls Towers Inc significantly impacts the Long Beach community by providing essential nursing and housing services tailored for senior citizens. With a total of 168 independent living units, 53 assisted living units, and a 99-bed skilled nursing facility, it caters to a diverse range of needs within the older adult population.
For over half a century, the organization has been a vital resource, focusing on creating an environment that promotes comfort and social engagement among its residents. This emphasis on community and well-being fosters not only physical health but also emotional and social connections, vital for the aging population.
By being part of the Retirement Housing Foundation (RHF), one of the country's largest providers of housing and services for older adults and low-income families, Bixby Knolls Towers enhances its capacity to influence the lives of senior citizens positively. This collaboration reinforces the mission to support and uplift a segment of the population that often faces isolation and resource scarcity, thereby contributing to the overall health and vibrancy of the community.
This information is meant to be a general summary of Bixby Knolls Towers 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: $80,030
- Program Service Revenue: $8,350,769
- Gross Receipts: $27,077,193
Assets and Liabilities:
- Total Assets: $14,898,030
- Total Liabilities: $21,112,624
- Net Assets: -$6,214,594
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SKILLED NURSING
Revenue
$3,677,275
RENTAL SERVICES
Revenue
$2,895,507
ASSISTED LIVING
Revenue
$1,776,675
BLOOD GLUCOSE - HOSPICE
Revenue
$1,312
Organization Details
Founding Year
1978
Principal Officer
Stuart Hartman
Website
www.bixbyknollstowers.orgNTEE Category
Code: P11 - Human services
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