nonprofit logo

Craigside Retirement Residence

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

EIN: 352272376 ✦ Honolulu, HI ✦ Designated as a 501(c)(3)

Overview

What is Craigside Retirement Residence?

Craigside Retirement Residence is a nonprofit organization in Honolulu, Hawaii, that offers senior living with a focus on health, wellbeing, and financial security. They provide housing, healthcare, and a superior continuum of assured lifetime care to cater to the spiritual, physical, and social needs of their 180 residents. The monthly fee charged includes room, board, and additional services, averaging $4,568 per resident in 2022, with Craigside covering all expenses. New residents pay for a lifetime interest in their apartment, and the revenue from entrance fee amortization is recognized over the expected resident's life.


Official website here: www.arcadia.org

Is Craigside Retirement Residence legitimate?

Craigside Retirement Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Craigside Retirement Residence 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,369,492

For more financial information, click here


Official website here: www.arcadia.org

What is the mission statement of Craigside Retirement Residence?

Craigside Retirement Residence is dedicated to providing senior living with excellence in a gracious, compassionate, and dynamic environment. Their primary objective is to promote the health and general welfare of the elderly population. They achieve this by offering housing, healthcare, and financial security, ensuring a superior continuum of care that caters to the spiritual, physical, and social needs of every resident. Craigside Retirement Residence is committed to enhancing the lives of seniors by providing them with a nurturing and supportive living experience.


Official website here: www.arcadia.org

Who is the CEO of Craigside Retirement Residence?

Vivian Lai is the President & Ceo of Craigside Retirement Residence. The CEO's salary of Craigside Retirement Residence is $0 and their total compensation is $375,992.


Official website here: www.arcadia.org

What is the revenue of Craigside Retirement Residence?

Craigside Retirement Residence's revenue in 2022 was $23,543,885.


Official website here: www.arcadia.org

Who are the executives of Craigside Retirement Residence and what are their salaries?

Here are 15 key members and their salaries (Craigside Retirement Residence's CEO's salary is $0 and their total compensation is $375,992):

    Suzie Schulberg (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $343,584
  • Other: $32,408

    • Vivian Lai (Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $248,875
  • Other: $18,709

    • May Rieta (Registered Nurse)
  • Compensation: $176,765
  • Related: $0
  • Other: $14,603

    • Jo Ann Erice (Registered Nurse)
  • Compensation: $140,307
  • Related: $0
  • Other: $11,894

    • Maria Carina Fernandez (Quality Assurance Nurse)
  • Compensation: $124,374
  • Related: $0
  • Other: $10,620

    • Keleka Ho'Okano (Healthcare Administrator)
  • Compensation: $123,172
  • Related: $0
  • Other: $10,535

    • Jhoselyn Calibo (Clinic Manager)
  • Compensation: $119,493
  • Related: $0
  • Other: $9,876

    • Martin Zorn (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Koren Dreher (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Corlis Chang (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Bunn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr David Popham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Reichardt (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kent Reinker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucas Sayin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.arcadia.org

    Where can I find the form 990 for Craigside Retirement Residence?

    The Craigside Retirement Residence’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.arcadia.org

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

    Mission Statement of Craigside Retirement Residence

    Craigside Retirement Residence is dedicated to enhancing the lives of the elderly in a compassionate and dynamic environment. With a primary focus on their holistic well-being, the organization strives to provide senior living excellence by ensuring housing, healthcare, and financial security. Craigside Retirement Residence offers a superior continuum of assured lifetime care, designed to cater to the spiritual, physical, and social needs of every resident. By prioritizing the health and general welfare of the elderly, the organization aims to create an atmosphere of grace and sophistication where seniors can thrive.

    Impact

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




    Thursday, August 15, 2024

    Craigside Retirement Residence's impact can be seen in the provision of senior living excellence in a gracious, compassionate, and dynamic environment. With a primary focus on furthering the health and general welfare of the elderly, Craigside offers housing, healthcare, and financial security with a superior continuum of assured lifetime care to meet the spiritual, physical, and social needs of every resident. By catering to the needs of approximately 180 residents, Craigside plays a crucial role in enhancing the quality of life for seniors in Honolulu, Hawaii. Through its monthly service charge system, which covers room, board, and other services, Craigside ensures that residents receive the care and support they require. Additionally, the entrance fee amortization model allows new residents to secure a lifetime interest in their apartment, promoting stability and financial security for the long term. Overall, Craigside Retirement Residence's dedication to providing exceptional care and services contributes significantly to the well-being and happiness of the elderly community it serves.





    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: $28,426
  • Program Service Revenue: $22,080,024
  • Gross Receipts: $23,610,036

    • Assets and Liabilities:
  • Total Assets: $59,015,536
  • Total Liabilities: $107,741,739
  • Net Assets: -$48,726,203
  • Programs

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

    MONTHLY SERVICE CHARGE

    Revenue

    $9,330,934

    MEDICAL CENTER

    Revenue

    $6,533,382

    ENTRANCE FEE AMORTIZATION

    Revenue

    $4,663,784

    ASSISTED LIVING

    Revenue

    $1,410,006

    MISCELLANEOUS

    Revenue

    $141,918

    Organization Details

    Founding Year

    2006

    Principal Officer

    Vivian Lai

    Main Address

    1434 PUNAHOU STREET, HONOLULU, HI, 96822

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Craigside Retirement Residence 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.