Resident Association Of Laurel Lake Retirement Community Of Hudson Oh

Organization Overview

Resident Association Of Laurel Lake Retirement Community Of Hudson Oh is located in Hudson, OH. The organization was established in 2015. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Resident Association Of Laurel Lake Retirement Community Of Hudson OH is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Resident Association Of Laurel Lake Retirement Community Of Hudson OH generated $286.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $282.7k during the year ending 12/2022. While expenses have increased by 3.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A FORUM IN WHICH ITS MEMBERS MAY DISCUSS, EVALUATE AND PROMOTE POLICIES AND ACTIVITIES THAT WILL ENHANCE AND PROTECT THE COMFORT, CONVENIENCE AND WELL-BEING OF THE LAUREL LAKE RESIDENTS IN A COST-EFFECTIVE MANNER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPLOYEE RECOGNITION. THE MEMBERSHIP OF THE ASSOCIATION CONSISTS ONLY OF ALL RESIDENTS OF LAUREL LAKE RETIREMENT COMMUNITY, INC. (LLRC), A CONTINUING CARE RETIREMENT COMMUNITY, WHO HAVE PAID THEIR ENTRANCE FEE TO LLRC. LLRC PROHIBITS ALL ITS EMPLOYEES AND STAFF FROM ACCEPTING ANY GRATUITY FROM RESIDENTS. IN ORDER TO ACKNOWLEDGE AND EXPRESS THEIR APPRECIATION FOR SERVICES RECEIVED, THE ASSOCIATION CONDUCTS A FUND-RAISING EVENT AMONG ONLY ITS MEMBERS AND DELIVERS ALL FUNDS COLLECTED TO LLRC FOR DISTRIBUTION TO ALL EMPLOYEES AND STAFF EXCEPT LLRC'S CEO AND THOSE SENIOR MANAGERS WHO REPORT DIRECTLY TO THE CEO. APPROXIMATELY 218 EMPLOYEES RECEIVED A MINIMUM PAYMENT (BEFORE TAXES) OF $51 UP TO A MAXIMUM OF APPROXIMATELY $2,036, ALLOCATED BASED ON HOURS WORKED. APPROXIMATELY 78% OF ALL RESIDENTS CONTRIBUTED.


DONATION. FROM TIME TO TIME THE ASSOCIATION MAKES DONATIONS TO OTHER QUALIFYING NON-PROFIT ORGANIZATIONS IN OUR COMMUNITY. THIS YEAR WE CHOSE TO DONATE THE FUNDS TO THE HUDSON CITY EMS TO PURCHASE A DEFIBRILLATOR FOR ONE OF THEIR RESCUE UNITS.


RESIDENT PROGRAMS AND ACTIVITIES. AS MEMBERS TRANSITION FROM INDEPENDENT LIVING TO ASSISTED LIVING, LONG-TERM CARE AND SKILLED-NURSING CARE AND EVENTUALLY DIE, THEY OR THEIR SURVIVORS DONATE USED HOUSEHOLD FURNITURE AND OTHER ITEMS TO THE ASSOCIATION. THE ASSOCIATION SELLS THESE ITEMS TO OTHER MEMBERS AND TO THE GENERAL PUBLIC. FUNDS RECEIVED, EXCEPT FOR NOMINAL AMOUNTS SPENT FOR SUPPLIES AND FEES, ARE EITHER USED TO PLAN, DEVELOP, IMPLEMENT AND SUPPORT SOCIAL AND EDUCATIONAL PROGRAMS AND ACTIVITIES FOR ITS MEMBERS, OR ARE DONATED TO NON-PROFIT ORGANIZATIONS WHOSE SERVICES BENEFIT THE ASSOCIATION'S MEMBERS. RECURRING RESIDENT PROGRAMS AND ACTIVITIES HAVE INCLUDED SUPPORTING RESIDENTS WHO PLANT AND TEND VEGETABLE AND FLOWER GARDENS; ENABLING RESIDENTS TO PURCHASE FLOWER BOXES FOR APARTMENT BALCONIES; KNITTING CAPS FOR CHILDREN AND HELMET LINERS FOR SOLDIERS; GROWING, GATHERING, PURCHASING, ARRANGING AND DELIVERING FLOWERS TO LONG-TERM CARE AND SKILLED-NURSING RESIDENTS; MAINTAINING A LIBRARY OF MORE THAN 6,500 VOLUMES PLUS AUDIO AND VIDEO CDS AND DVDS; DELIVERING USED FABRIC AND CLOTHING FOR RECYCLING OR DISTRIBUTION TO THE POOR AND HOMELESS; AND ORGANIZING AND PRESENTING EDUCATIONAL PROGRAMS ON RECYCLING AND CARE OF THE ENVIRONMENT.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Debra Radecky -From 7-1-22
Member At Large
$0
Dale Leppo
Ex-Officio Board Member 2/1/2022
$0
Peter Goheen -Through 12-31-22
Ex Officio Board Member
$0
Frank Alexander Thru 6-30-22
At-Large Member
$0
Janet Goheen Thru 6-30-22
At-Large Member
$0
Janis Morgan Thru 6-30-22
At-Large Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$261,625
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$23,579
Noncash contributions included in lines 1a–1f $23,579
Total Revenue from Contributions, Gifts, Grants & Similar$285,204
Total Program Service Revenue$1,447
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $286,651

Grants Awarded

Over the last fiscal year, Resident Association Of Laurel Lake Retirement Community Of Hudson Oh has awarded $277,125 in support to 2 organizations.

Grant RecipientAmount

LAUREL LAKE RETIREMENT COMMUNITY

PURPOSE: See Schedule I Part IV

$261,625

HUDSON CITY EMS

PURPOSE: Emergency Medical Equipment

$15,500
View Grant Profile

Peer Organizations

Organization NameAssets
Maris Grove Inc
Glen Mills, PA
$89,387,893
Ann S Choice Inc
Warminster, PA
$90,578,678
Fox Run Village Inc
Novi, MI
$71,628,461
Acts Retirement Services Inc
Fort Washington, PA
$69,569,642
Whitemarsh Continuing Care Retirement Community
Lafayette Hill, PA
$40,846,709
Blanchard Valley Continuing Care Services
Findlay, OH
$35,904,527
Concordia Lutheran Ministries Of Pittsburgh
Pittsburgh, PA
$53,030,433
Twin Lakes
Cincinnati, OH
$38,211,374
American Senior Communities Group Health Plan
Indianapolis, IN
$34,731,129
Clark Retirement Community Inc
Grand Rapids, MI
$24,769,741
Colonial Senior Services Inc
Hamilton, OH
$32,982,737
Kenton Housing Inc
Latonia, KY
$31,013,005
Lutheran Home For The Aged
Erie, PA
$39,821,403
St Leonard
Centerville, OH
$31,237,067
Willow Brook Christian Services
Delaware, OH
$26,535,054
First Community Village
Columbus, OH
$25,670,147
Centre Care Inc
Bellefonte, PA
$21,725,018
Allied Services Personal Care Inc
Clarks Summit, PA
$24,176,224
Resthaven
Holland, MI
$26,895,670
Covenant Living Of The Great Lakes
Grand Rapids, MI
$18,707,460
Wesleyan Senior Care Inc
Elyria, OH
$22,054,660
Moravian Village Of Bethlehem
Bethlehem, PA
$18,685,734
Hubbard Hill Estates Inc
Elkhart, IN
$19,871,241
Williamsport Home
Williamsport, PA
$18,897,861
Prairie Landing Community Inc
Indianapolis, IN
$16,389,747

Create an account to unlock the data you need.

or