Ingleside

What it reported doing in 2024

The ingleside presbyterian retirement community, inc., dba: ingleside at rock creek (irc) through its governance, management and residents, is a licensed continuing care retirement community (ccrc). Ingleside at rock creek has a deep understanding of the changing needs that sometimes accompany residents as they age. As a ccrc, we offer independent, adult day, assisted living, memory support assisted living, and nursing care to meet all of our residents' needs.located in Washington dc, the community consists of 233 independent living units, 21 assisted living units, 32 memory support assisted living units, and 34 nursing home beds.with the support of the ingleside resident supporting fund, no resident has ever been asked to leave as a result of outliving his or her resources. In particular, the corporation extends charity care and other support to residents who meet certain criteria under its benevolent care policy, which applies to all levels of care. Those who are unable to pay for services receive them as needed and when appropriate, without charge or at amounts less than established rates. In an effort to ensure the greatest mobility for all residents, a wheelchair accessible bus and van are provided to enable everyone to go on outings. Important to the spiritual care of our residents, irc offers bereavement and support counseling for families and referral services. It also provides access to services in a variety of faiths and weekly meditation. Irc works daily to obtain the highest degree of resident satisfaction, including promoting the individuality of our residents. We strive to facilitate an environment of open communication, encouraging resident participation in activities and providing us with input on the daily operations of irc. The function, maintenance and appearance of our facilities are of the highest importance. Volunteers are essential to fulfilling our mission. We are governed by a volunteer, community-based board of directors. Residents from all over irc volunteer their services to assist other residents and to provide the special one-on-one friendship that staff cannot. Residents, family members, and outside volunteers contribute countless hours to assist with special functions and to provide fellowship to residents, especially those with cognitive impairments. The good works of irc extend beyond our walls as well. For example, our interests in the outside community include expanding medical services to allow community members greater access to primary care physicians. We also offer community members the opportunity to participate in irc's "adult daycare" program, and many residents actively participate in charitable activities in the local community. Other community contributions include providing meetng space for children's groups and choirs to practice; residents' family members may also use our meeting spaces.

Financial Efficiency

• Mission deployment rate: 97.4%; rating input score 97
• Program expense ratio: 86.6%; rating input score 87
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -13.1%; rating input score 8; 8th percentile among comparable filings
• Total-asset coverage ratio: 5.89; rating input score 86; 86th percentile among comparable filings
• Liabilities to assets ratio: 1.23; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 8.6% per year; rating input score 100; 64th percentile among comparable filings
• Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
• Asset growth: 12% per year; rating input score 100; 73rd percentile among comparable filings