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Deerfield Episcopal Retirement Community Inc

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

EIN: 560614176 ✦ Asheville, NC ✦ Designated as a 501(c)(3)

Overview

What is Deerfield Episcopal Retirement Community Inc?

Deerfield Episcopal Retirement Community Inc, a North Carolina nonprofit corporation based in Asheville, NC, operates a continuing care retirement community. Governed by a board of directors, Deerfield ensures the emotional, recreational, social, and religious needs of its elderly residents, as well as their health care and financial security. The organization has a benevolent assistance fund for residents in need, identified through financial assessments. In the year ended September 30, 2022, Deerfield forgone approximately $394,000 in charges for its benevolent assistance program. Operating under the 'lifecare' concept, Deerfield requires residents to enter into an agreement for services and facilities over their lifetime, paying a one-time entrance fee and monthly service fees. The organization also provides meeting and office space for three non-profit organizations, foregoing an estimated $303,000 in annual rental income. Additionally, Deerfield offers charitable donations and volunteer services worth $1,224,000 during the same year. Overall, Deerfield's mission is to provide a nonprofit retirement community guided by Christian ideals, offering a continuum of care for all people, promoting independence and the highest quality of life, and providing physical and financial security.


Official website here: www.deerfieldwnc.org

Is Deerfield Episcopal Retirement Community Inc legitimate?

Deerfield Episcopal Retirement Community Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Deerfield Episcopal Retirement Community 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: $696,741
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,827,152

For more financial information, click here


Official website here: www.deerfieldwnc.org

What is the mission statement of Deerfield Episcopal Retirement Community Inc?

Deerfield Episcopal Retirement Community, Inc. is a nonprofit organization dedicated to operating a continuing care retirement community, guided by Christian ideals. Its mission is to provide a continuum of care for all people, promoting independence and the highest quality of life, while ensuring physical and financial security. Deerfield satisfies the Internal Revenue Service requirements for a Section 501(c)(3) exemption by meeting the needs of aged persons for housing, health care, and financial security. The organization has established a benevolent assistance fund to provide aid to residents in need, identifying them based on financial information and subsequent review. In addition to housing its residents, Deerfield also provides meeting and office space for three non-profit organizations, foregoing approximately $303,000 in annual rental income. The community offers numerous charitable donations and donated volunteer services, totaling $1,224,000 during the previous fiscal year.


Official website here: www.deerfieldwnc.org

Who is the CEO of Deerfield Episcopal Retirement Community Inc?

Robert K Chandler is the Chair of Deerfield Episcopal Retirement Community Inc. The CEO's salary of Deerfield Episcopal Retirement Community Inc is $0 and their total compensation is $0.


Official website here: www.deerfieldwnc.org

What is the revenue of Deerfield Episcopal Retirement Community Inc?

Deerfield Episcopal Retirement Community Inc's revenue in 2022 was $43,307,731.


Official website here: www.deerfieldwnc.org

Who are the executives of Deerfield Episcopal Retirement Community Inc and what are their salaries?

The average compensation at Deerfield Episcopal Retirement Community Inc during 2022 was $32,277. There are 419 employees and 120 volunteers at Deerfield Episcopal Retirement Community Inc.

Here are 26 key members and their salaries (Deerfield Episcopal Retirement Community Inc's CEO's salary is $0 and their total compensation is $0):

    Robert F Wernet Jr (Ceo (Through Sept. '22))
  • Compensation: $416,794
  • Related: $0
  • Other: $298,025

    • Robert Chandler (Cfo)
  • Compensation: $279,947
  • Related: $0
  • Other: $135,111

    • Matt Sharpe (Coo)
  • Compensation: $199,779
  • Related: $0
  • Other: $5,518

    • Keith Einsmann (Director Of Facilities)
  • Compensation: $157,112
  • Related: $0
  • Other: $24,404

    • Brian King (Director Of Health & Wellness)
  • Compensation: $144,011
  • Related: $0
  • Other: $25,972

    • Cindy Clampett (Director Of Nursing)
  • Compensation: $145,611
  • Related: $0
  • Other: $9,408

    • Shirley Burnette (Director Of Human Resources)
  • Compensation: $134,732
  • Related: $0
  • Other: $17,623

    • Jeff Covington (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Larry Harris (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virginia Templeton (Secretary/Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Mayes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Isaac Owolabi (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

    • Rev Todd Donatelli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

    • The Rt Rev Jose Mcloughlin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Libby Bush (Ceo (Beginning Aug. '22))
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.deerfieldwnc.org

    Where can I find the form 990 for Deerfield Episcopal Retirement Community Inc?

    The Deerfield Episcopal Retirement Community Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.deerfieldwnc.org

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

    Mission Statement of Deerfield Episcopal Retirement Community Inc

    Deerfield Episcopal Retirement Community, Inc., a North Carolina-based nonprofit organization, is dedicated to providing a continuum of care to all individuals in a religious atmosphere. Guided by Christian ideals, the mission of Deerfield is threefold: first, to operate a retirement community that addresses the emotional, recreational, social, religious, and similar needs of aged persons; second, to offer physical and mental health services to its residents or through arrangements with outside organizations; and third, to ensure financial security by maintaining residents in residence regardless of their ability to pay and by providing services at the lowest feasible cost. In keeping with its commitment to providing care for those in need, Deerfield has established a Benevolent Assistance Fund, which is used exclusively to help residents facing financial hardships.

    Deerfield Episcopal Retirement Community operates under the "lifecare" concept, requiring residents to enter into an agreement specifying the services and facilities to be provided to them throughout their remaining lives. This arrangement necessitates a one-time entrance fee and monthly service fees, with the organization retaining the ability to increase fees as needed. In addition to its commitment to its residents, Deerfield also makes significant contributions to the community. The organization provides meeting and office space for three non-profit organizations at no cost, foregoing an estimated $303,000 in annual rental income. Furthermore, Deerfield donated a substantial amount of $1,224,000 in charitable contributions and volunteer services during the previous fiscal year.

    Impact

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




    Thursday, August 15, 2024

    Deerfield Episcopal Retirement Community Inc's impact is significant in providing lifetime care in a religious atmosphere for the aging population. The organization operates with the mission to offer a continuum of care to all individuals, promoting independence, quality of life, and providing physical and financial security. Through its charitable efforts, Deerfield provides not only housing but also emotional, recreational, social, and religious support to its residents. Additionally, the organization's benevolent assistance fund ensures that residents in need receive the necessary support, further demonstrating its commitment to serving the community. Furthermore, Deerfield contributes to the community through charitable donations, volunteered services, and by providing meeting and office space for nonprofit organizations. This comprehensive approach to care and community support showcases Deerfield Episcopal Retirement Community Inc's positive impact on individuals and the surrounding 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: $5,362,933
  • Program Service Revenue: $36,110,794
  • Gross Receipts: $43,315,516

    • Assets and Liabilities:
  • Total Assets: $241,626,533
  • Total Liabilities: $161,664,509
  • Net Assets: $79,962,024
  • Programs

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

    RESIDENT FEES

    Revenue

    $26,302,759

    AMORTIZATION OF ENTRANCE FEES

    Revenue

    $9,254,453

    ADDITIONAL RESIDENT SERVICES

    Revenue

    $553,582

    Organization Details

    Founding Year

    1955

    Principal Officer

    Robert K Chandler

    Main Address

    1617 HENDERSONVILLE ROAD, ASHEVILLE, NC, 28803

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Deerfield Episcopal Retirement Community 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.