REDBANKS COLONIAL TERRACE IS A NURSING FACILITY FOR THE AGED WITH 87 BEDS AND A STAFF OF 100 EMPLOYEES. THE NUMBER OF PATIENTS CARED FOR AVERAGE IS 82. IT IS OUR MISSION TO BE AN OUTREACH TO THE COMMUNITY. OUR COMMITMENT IS TO SEEK TO PROVIDE QUALTIY CARE SERVICES AND HOUSING FOR SENIORS WHILE STRIVING DAILY TO UPHOLD AN INDIVIDUALS DIGNITY, FREEDOM OF CHOICE AND THE INDEPENDENCE NEEDED TO MAINTAIN THE HIGHEST PRACTICABLE LIFESTYLE.
Executive compensation
Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in Kentucky.
| Position | Total |
|---|---|
Director Board Member 10th to 25th percentile | $4k $4k |
Director Board Member 10th to 25th percentile | $4k $4k |
Director Board Member 10th to 25th percentile | $4k $4k |
Director Board Member 10th to 25th percentile | $4k $4k |
Chairman/director Board Member 10th to 25th percentile | $4k $4k |
Director Board Member 10th to 25th percentile | $4k $4k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Top pay as a share of expenses
In 2024, the highest total compensation at REDBANKS COLONIAL TERRACE INC equaled 0.0% of the organization's total expenses. The median for health care organizations is 4%.
Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.
Board Member pay rose 17% from 2023 to 2024, while revenue rose 21%.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about REDBANKS COLONIAL TERRACE INC
What does the Board Member of REDBANKS COLONIAL TERRACE INC earn?
In 2024, the Board Member of REDBANKS COLONIAL TERRACE INC received $3,500 in total compensation. This pay is in the bottom quarter for Board Member roles among Health Care organizations in Kentucky, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Board Member pay at REDBANKS COLONIAL TERRACE INC compare with similar nonprofits?
Compared with the same role at Health Care organizations in Kentucky, the 2024 pay of the Board Member at REDBANKS COLONIAL TERRACE INC falls between the 10th and 25th percentiles. In 2024, the highest total compensation at REDBANKS COLONIAL TERRACE INC equaled 0.0% of the organization's total expenses. The median for health care organizations is 4%.
What are REDBANKS COLONIAL TERRACE INC's revenue and expenses?
In 2024, REDBANKS COLONIAL TERRACE INC reported $8.3M in total revenue and $7.1M in total expenses on its IRS Form 990.
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