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CHARITY REVIEW
Issued: November 2025 Expires: November 2028

The Glen Retirement System

Accredited Charity
Accredited Charity

Meets Standards
(318) 798-3500
403 E Flournoy Lucas Rd
Shreveport, LA, 71115
https://theglen.org
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Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

The Glen Retirement System meets the 20 Standards for Charity Accountability.

Assessment performed by Greg Thompson, PhD CAP CFLE / Charity Review Director

Stated Purpose:
To enrich the lives of older people through housing, health care and services. This mission is accomplished by dedicated community volunteers and compassionate professionals with commitment, vision and leadership.

Year, State Incorporated:
, LA

The most fundamental aspiration of The Glen Retirement System is to provide the infrastructure necessary so that our community of older adults enjoy optimal life enrichment as a result of prudent and visionary management of people, facilities, and programming.

For the year ended April 30, 2025, The Glen Retirement System's program expenses were:

Residential and Healthcare Services $22,018,246
Total Program Expenses $22,018,246

Board Size
10


Method(s) Used:
Direct mail appeals, Television, Cause-related marketing (affinity credit cards, consumer product sales, etc.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on The Glen Retirement System's audited financial statements for the year ended April 30, 2025.

Source of Funds
Revenues, Gains and Other Support without Donor Restrictions $19,984,962
Contributions $1,481,788
Investment Return (net) $389,628
Other Income $4,982
Total Income $21,861,360

Programs: 92% Fundraising: 0% Administrative: 8%

Total Income $21,861,360
Total expenses: $23,958,219
  Program expenses $22,018,246
  Fundraising expenses $18,942
  Administrative expenses $1,921,031
  Other expenses $0
Income in Excess of Expenses $-2,096,859
Beginning Net Assets $9,033,198
Other Changes In Net Assets $0
Ending Net Assets $6,936,339
Total Liabilities $47,016,074
Total Assets $53,952,413

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Northeast and Central Louisiana and the Ark-La-Tex