nonprofit logo

Chesterbrook Residences Inc

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

EIN: 542052558 ✦ Falls church, VA ✦ Designated as a 501(c)(3)

Overview

What is Chesterbrook Residences Inc?

Chesterbrook Residences Inc is a dedicated nonprofit organization situated in Falls Church, Virginia. Their primary mission is to provide an assisted living community that upholds an ongoing tradition of affordable housing. This community caters to a diverse range of income levels, ensuring they can continue to serve their residents even as personal resources decrease. On a non-profit basis, they offer rental housing and related facilities and services, meticulously designed to meet the specific needs of the elderly population, regardless of their racial, social, political, or religious backgrounds. Their ultimate goal is to contribute positively to the elderly residents' health, security, happiness, and longevity. As of the provided information, Chesterbrook Residences Inc employs 106 individuals.


Official website here: www.chesterbrookres.org

Is Chesterbrook Residences Inc legitimate?

Chesterbrook Residences Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chesterbrook Residences 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,068,207

For more financial information, click here


Official website here: www.chesterbrookres.org

What is the mission statement of Chesterbrook Residences Inc?

Chesterbrook Residences Inc is committed to providing affordable rental housing and related facilities and services for elderly individuals, irrespective of their backgrounds. Their mission is to establish a caring assisted living community that maintains a long-standing tradition of affordability. This community aims to serve residents with varying income levels, ensuring that they can continue to reside there even as their personal resources decrease.


Official website here: www.chesterbrookres.org

Who is the CEO of Chesterbrook Residences Inc?

Betsy Lasher is the President of Chesterbrook Residences Inc.


Official website here: www.chesterbrookres.org

What is the revenue of Chesterbrook Residences Inc?

Chesterbrook Residences Inc's revenue in 2022 was $6,324,054.


Official website here: www.chesterbrookres.org

Who are the executives of Chesterbrook Residences Inc and what are their salaries?

The average compensation at Chesterbrook Residences Inc during 2022 was $28,945. There are 106 employees and 45 volunteers at Chesterbrook Residences Inc.

Here are 10 key members and their salaries:

    Dr Scott Bartram (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marshall J Hyman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Reder (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • Betsy Lasher (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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


  • Official website here: www.chesterbrookres.org

    Where can I find the form 990 for Chesterbrook Residences Inc?

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


    Official website here: www.chesterbrookres.org

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

    Mission Statement of Chesterbrook Residences Inc

    Chesterbrook Residences Inc is committed to providing affordable and supportive living environments for elderly individuals, regardless of their backgrounds. Their mission is twofold: firstly, to offer rental housing and associated facilities and services specifically designed to cater to the unique needs of the elderly. Secondly, they aim to contribute to the health, security, happiness, and longevity of their residents.

    In pursuit of this mission, Chesterbrook Residences Inc strives to establish an ongoing tradition of affordable housing solutions. They serve a diverse range of income levels, ensuring that their services remain accessible even as personal resources may diminish. By offering this broad spectrum of assistance, the organization seeks to create a caring community where elderly residents can thrive.

    Impact

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




    Saturday, July 20, 2024

    Chesterbrook Residences Inc's impact revolves around providing a caring assisted-living community with an ongoing tradition of affordable housing. Their mission is to offer solutions that enable them to serve residents with a range of incomes and to remain supportive if personal resources diminish. By focusing on the needs of elderly individuals, regardless of their backgrounds, Chesterbrook Residences Inc contributes to the health, security, happiness, and longevity of these individuals in Falls Church, VA. Their dedication to human services ensures that elderly persons have access to essential housing and related facilities tailored to their specific requirements, fostering a supportive and compassionate environment for residents.





    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: $191,686
  • Program Service Revenue: $6,009,440
  • Gross Receipts: $6,324,054

    • Assets and Liabilities:
  • Total Assets: $16,689,354
  • Total Liabilities: $11,426,847
  • Net Assets: $5,262,507
  • Programs

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

    RENTAL INCOME

    Revenue

    $3,100,344

    SERVICE INCOME

    Revenue

    $2,757,191

    OTHER INCOME

    Revenue

    $151,905

    Organization Details

    Founding Year

    2001

    Principal Officer

    Betsy Lasher

    Main Address

    2030 WESTMORELAND STREET, FALLS CHURCH, VA, 22043

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Chesterbrook Residences 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.