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Heron's Key

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

EIN: 462710915 ✦ Redmond, WA ✦ Designated as a 501(c)(3)

Overview

What is Heron's Key?

Heron's Key is a not-for-profit, mission-driven senior living community in Gig Harbor, Washington, with approximately 252 residents in 194 apartments. They offer a continuum of living accommodations, supportive services, and healthcare for individuals aged 55 and older. The community is committed to fulfilling its mission of service while staying true to core values such as integrity, stewardship, empowerment, faith, change, and choice. Heron's Key provides a variety of quality programs, services, and facilities to cater to residents' health, social, spiritual, and intellectual needs. Residents have access to amenities like a central dining room for meal services, fitness and exercise classes, an on-site clinic, wellness programs, social events, and transportation to medical appointments, grocery stores, banks, and special activities. All residents have unlimited access to assisted living and skilled nursing healthcare services. The organization was financed with bonds issued by the Washington State Housing Finance Commission and is not eligible for tax-payer funded public assistance programs. Heron's Key provides financial assistance to residents who cannot pay their monthly service fees and invests excess revenues to ensure contractual obligations are met. The community fosters opportunities for residents and staff to interact within Heron's Key, the local Gig Harbor community, and beyond through partnerships with community facilities and outreach programs. Heron's Key recruits, develops, and retains competent and caring staff who share the organization's principles, values, and standards. The Board of Directors, consisting of local community members and residents, oversees the community's high standards of excellence and financial stability.


Official website here: www.heronskey.org

Is Heron's Key legitimate?

Heron's Key is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heron's Key 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: $7,355,213

For more financial information, click here


Official website here: www.heronskey.org

What is the mission statement of Heron's Key?

Heron's Key is a not-for-profit, non-denominational retirement community dedicated to providing a range of living accommodations, supportive services, and healthcare for residents aged 55 and above. The organization's mission is to serve the health, social, spiritual, and intellectual needs of its residents and the broader community. Operated with a commitment to integrity, stewardship, empowerment, faith, change, and choice, Heron's Key's Board of Directors consists of local community members and residents, all dedicated to maintaining its high standards of excellence and financial stability. The community offers a variety of programs, services, and facilities to enhance the quality of life for its senior residents.


Official website here: www.heronskey.org

Who is the CEO of Heron's Key?

Lisa Hardy is the President & Ceo of Heron's Key. The CEO's salary of Heron's Key is $0 and their total compensation is $686,311.


Official website here: www.heronskey.org

What is the revenue of Heron's Key?

Heron's Key's revenue in 2022 was $13,896,246.


Official website here: www.heronskey.org

Who are the executives of Heron's Key and what are their salaries?

The average compensation at Heron's Key during 2022 was $28,958. There are 254 employees and 12 volunteers at Heron's Key.

Here are 21 key members and their salaries (Heron's Key's CEO's salary is $0 and their total compensation is $686,311):

    Lisa Hardy (President & Ceo)
  • Compensation: $0
  • Related: $598,770
  • Other: $87,541

    • Kay Wallin (Vp Marketing & Public Relations)
  • Compensation: $0
  • Related: $237,347
  • Other: $19,778

    • Matt Macarthur (Cfo (Through June 2022))
  • Compensation: $0
  • Related: $212,882
  • Other: $14,105

    • Stacy Edwards (Marketing Director)
  • Compensation: $152,019
  • Related: $0
  • Other: $25,266

    • Karen Rose (Health Services Administrator)
  • Compensation: $138,962
  • Related: $0
  • Other: $10,384

    • Fred Bisaso (Medication Certified Tech)
  • Compensation: $124,111
  • Related: $0
  • Other: $8,577

    • Angela Mccloskey (Director Of Nursing)
  • Compensation: $105,568
  • Related: $0
  • Other: $7,274

    • Hillary Robinson (Marketing Associate)
  • Compensation: $105,387
  • Related: $0
  • Other: $5,983

    • Diana Jamison (Cfo (As Of September 2022))
  • Compensation: $0
  • Related: $76,341
  • Other: $1,096

    • Dwight Whiting (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daphne Schneider (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Crist (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danna Vanhorn (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Cohoe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Guernsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary King (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dewayne Mcmullin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Richardson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.heronskey.org

    Where can I find the form 990 for Heron's Key?

    The Heron's Key’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.heronskey.org

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

    Mission Statement of Heron's Key

    Heron's Key, a not-for-profit and non-denominational life plan retirement community, is dedicated to providing a continuum of living accommodations, supportive services, and healthcare for residents aged 55 and above. This community, known for its high standards of excellence, endeavors to meet the health, social, spiritual, and intellectual needs of its residents while serving the broader community. Heron's Key's mission is driven by a commitment to integrity, stewardship, empowerment, faith, change, and choice.

    The Board of Directors, comprised of local community members and Heron's Key residents, is instrumental in overseeing the organization's operations and ensuring it continues to maintain its high standards while remaining financially sound. Heron's Key's programs, services, and facilities are designed to cater to the diverse needs of its residents, fostering an environment that nurtures their well-being and encourages personal growth. The community's commitment to service and its core values permeates every aspect of its operations, creating a vibrant and engaging atmosphere that enhances the lives of its residents.

    Impact

    This information is meant to be a general summary of Heron's Key. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Heron's Key's impact lies in providing safe and secure senior housing and services to approximately 252 independent living residents through a variety of support services. These services include meal provisions, fitness classes, wellness programs, social activities, transportation assistance, and unlimited access to healthcare services. Additionally, Heron's Key operates as a not-for-profit organization, ensuring that revenues generated in excess of expenses are invested to meet current and future obligations, replace facility assets, and expand its mission prudently. By fostering a sense of community among residents and staff, establishing ties with the broader community, and upholding values of integrity and empowerment, Heron's Key contributes to the well-being and quality of life of its residents and the surrounding community.





    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: $-74,333
  • Program Service Revenue: $23,314,276
  • Gross Receipts: $25,430,142

    • Assets and Liabilities:
  • Total Assets: $131,461,991
  • Total Liabilities: $173,412,742
  • Net Assets: -$41,950,751
  • Programs

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

    MONTHLY MAINTENANCE FE

    Revenue

    $16,517,812

    ENTRANCE FEES EARNED

    Revenue

    $4,178,705

    HEALTH SERVICES

    Revenue

    $1,688,516

    MEALS & OTHER SERVICES

    Revenue

    $929,243

    Organization Details

    Founding Year

    2013

    Principal Officer

    Lisa Hardy

    Main Address

    10901 176TH CIRCLE NE, REDMOND, WA, 98052

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Heron's Key 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.