Greenspring Village Inc

Organization Overview

Greenspring Village Inc is located in Springfield, VA. The organization was established in 1999. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Greenspring Village Inc employed 1,117 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenspring Village Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Greenspring Village Inc generated $87.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $102.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GREENSPRING VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,369 INDEPENDENT LIVING UNITS, 114 ASSISTED LIVING UNITS, 56 SKILLED NURSING BEDS AND 39 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erickson Senior Living Llc
Management - See Sch. O
$10,885,357
Plano-coudon Llc
Contractor
$5,828,845
Buch Construction Inc
Builder
$4,886,722
Positive General Contractors Inc
Contractor
$3,063,114
Cypress Contracting Llc
Construction Contractor
$3,668,485
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$396,934
Related organizations$0
Government grants $1,171,739
All other contributions, gifts, grants, and similar amounts not included above$2,230,922
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,799,595
Total Program Service Revenue$82,740,167
Investment income $39,302
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $370,556
Net Gain/Loss on Asset Sales $6,968
Net Income from Fundraising Events -$625
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $86,958,670

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Greenspring Village Inc has recieved totaling $10,329.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$9,919
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$410
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Asbury Atlantic Inc
Frederick, MD
$182,270,716
Riderwood Village Inc
Silver Spring, MD
$121,407,935
Ashby Ponds Inc
Ashburn, VA
$105,782,483
Greenspring Village Inc
Springfield, VA
$86,958,670
Oak Crest Village Inc
Parkville, MD
$90,971,954
Goodwin House Incorporated
Alexandria, VA
$109,508,883
Westminster-Canterbury Corporation
Richmond, VA
$77,739,552
Virginia United Methodist Homes Inc
Glen Allen, VA
$70,234,834
Albright Care Services
Frederick, MD
$64,491,895
Westminster-Canterbury On Chesapeake Bay
Virginia Beach, VA
$70,077,492
Givens Estates Inc
Asheville, NC
$72,683,846
Presbyterian Homes Inc
Colfax, NC
$62,438,008

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