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Warm Hearth Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237378013 ✦ Blacksburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Warm Hearth Inc?

Warm Hearth Inc is a dedicated nonprofit organization situated in Blacksburg, Virginia. The primary focus of this organization is to offer supervision, management, and developmental services to a senior housing community, which is managed by both 501(c)(3) and 501(c)(4) nonprofit entities. This community provides shelter and housing to around 500 elderly and handicapped individuals. Warm Hearth Inc's mission is to ensure the well-being and comfort of these residents, contributing to a total workforce of 473 individuals.


Official website here: www.retire.org

Is Warm Hearth Inc legitimate?

Warm Hearth Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Warm Hearth 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.

Here are some key statistics you may want to consider:

Executive Compensation: $287,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $597,698

For more financial information, click here


Official website here: www.retire.org

What is the mission statement of Warm Hearth Inc?

Warm Hearth Inc provides supervision, management, and development services to a senior housing community operated by both 501(C)(3) and 501(C)(4) non-profit organizations. This community offers housing for approximately 500 elderly and handicapped individuals. The corporation's mission is centered around supporting this senior housing community, ensuring it operates effectively and provides appropriate accommodation for its residents. By doing so, Warm Hearth Inc contributes to the well-being and comfort of a significant number of elderly and handicapped individuals, enabling them to lead fulfilling lives.


Official website here: www.retire.org

Who is the CEO of Warm Hearth Inc?

William Lester is the Principal Officer of Warm Hearth Inc. The CEO's salary of Warm Hearth Inc is $168,773 and their total compensation is $172,523.


Official website here: www.retire.org

What is the revenue of Warm Hearth Inc?

Warm Hearth Inc's revenue in 2022 was $2,131,943.


Official website here: www.retire.org

Who are the executives of Warm Hearth Inc and what are their salaries?

The average compensation at Warm Hearth Inc during 2022 was $1,872. There are 473 employees and 50 volunteers at Warm Hearth Inc.

Here are 23 key members and their salaries (Warm Hearth Inc's CEO's salary is $168,773 and their total compensation is $172,523):

    Brad Dalton (Ceo)
  • Compensation: $168,773
  • Related: $0
  • Other: $3,750

    • Heather Gearheart (Vice-President)
  • Compensation: $128,255
  • Related: $0
  • Other: $3,850

    • Molly Nevitt (Cfo)
  • Compensation: $118,303
  • Related: $0
  • Other: $6,517

    • Korie Flannagan (Nursing Home Admin)
  • Compensation: $116,370
  • Related: $0
  • Other: $0

    • Tambra Dixon (Director Of Marketing)
  • Compensation: $106,528
  • Related: $0
  • Other: $4,701

    • Kevin Sands (Director Of Qa & Edu)
  • Compensation: $100,250
  • Related: $0
  • Other: $4,566

    • Katherine Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allan Bookout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara French (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hing-Har Lo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tommy Mcdearis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Mcmahon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Parrent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Pierce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Pospichal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Shepherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Spears (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Teaster (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Vosburgh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.retire.org

    Where can I find the form 990 for Warm Hearth Inc?

    The Warm Hearth Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.retire.org

    Learn more at the official website: www.retire.org

    Mission Statement of Warm Hearth Inc

    Warm Hearth Inc, a nonprofit organization, plays a crucial role in providing supportive services to a seniors housing community operated by 501(C)(3) and 501(C)(4) organizations. Their mission is centered around managing and developing this community, ensuring that it caters to approximately 500 elderly and handicapped individuals. This community offers a safe and comfortable living environment for these individuals, providing them with the necessary care and support they require. By overseeing the operations of this housing community, Warm Hearth Inc contributes significantly to the well-being and quality of life of these vulnerable individuals.

    Impact

    This information is meant to be a general summary of Warm Hearth Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Warm Hearth Inc has a significant impact on the lives of approximately 500 elderly and handicapped individuals by providing them with housing, supervision, management, and development services. Through its support of a seniors housing community operated by nonprofit organizations, Warm Hearth Inc ensures that these vulnerable individuals have a safe and supportive environment to live in. By offering these critical services, Warm Hearth Inc plays a vital role in improving the quality of life for the elderly and handicapped residents in the Blacksburg, VA area.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $490
  • Program Service Revenue: $1,938,256
  • Gross Receipts: $2,131,943

    • Assets and Liabilities:
  • Total Assets: $9,848,371
  • Total Liabilities: $8,403,957
  • Net Assets: $1,444,414
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $870,699

    VILLAGE CENTER REVENUE

    Revenue

    $503,747

    LIFE-LEASE FEES

    Revenue

    $276,858

    SERVICE INCOME

    Revenue

    $173,960

    CABLE TV/INTERNET/PHON

    Revenue

    $112,992

    Organization Details

    Founding Year

    1974

    Principal Officer

    William Lester

    Main Address

    2607 WARM HEARTH DRIVE NO 100, BLACKSBURG, VA, 24060

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Warm Hearth Inc 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.