Garden Path Elder Living Inc
- Assets
- $7.7m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 56
- Location
- Brattleboro, VT
- Founding
- 04/2015
- Data as of
- 04/2024
- EIN
- 03-0179416
Organization Overview
Garden Path Elder Living Inc is located in Brattleboro, VT. The organization was established in 2015. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 04/2024, Garden Path Elder Living Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garden Path Elder Living 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 04/2024, Garden Path Elder Living Inc generated $3.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.9m during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
GARDEN PATH ELDER LIVING OPERATES A RESIDENTIAL CARE HOME FOR ELDERS THAT PROVIDE ASSISTANCE WITH DAILY LIVING AND NURSING OVERSIGHT.
Describe the Organization's Program Activity:
GARDEN PATH ELDER LIVING PROVIDES A HOME-LIKE ENVIRONMENT FOR RESIDENTS NEEDING ASSISTANCE WITH DAILY LIVING ACTIVITIES FROM PERSONAL CARE TO MEDICATION MANAGEMENT. THERE ARE 36 BEDS AT THE BRADLEY HOUSE LOCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Crego Executive Dir. | Officer | 40 | $80,189 |
Cheryl Bedard Director | Trustee | 1 | $0 |
Cathy Coonan Director | Trustee | 1 | $0 |
Katherine Cummings Director | Trustee | 1 | $0 |
Vern Grubinger Director | Trustee | 1 | $0 |
Jean H Hodsden Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,106,559 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,929 |
| Noncash contributions included in lines 1a–1f | $5,125 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,354,488 |
| Total Program Service Revenue | $2,543,801 |
| Investment income | $13,706 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$32,753 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,879,872 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $80,189 |
| Compensation of current officers, directors, key employees. | $40,095 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,266,447 |
| Pension plan accruals and contributions | $19,276 |
| Other employee benefits | $131,116 |
| Payroll taxes | $103,029 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $235,322 |
| Advertising and promotion | $6,030 |
| Office expenses | $40,728 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,874 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $98,478 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $207,316 |
| Insurance | $74,355 |
| All other expenses | $22,228 |
| Total functional expenses | $2,924,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $727,382 |
| Savings and temporary cash investments | $92,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $74,387 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,635 |
| Net Land, buildings, and equipment | $6,789,266 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,919 |
| Total assets | $7,712,127 |
| Accounts payable and accrued expenses | $166,755 |
| Grants payable | $0 |
| Deferred revenue | $62,513 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,160,862 |
| Unsecured mortgages and notes payable | $423,177 |
| Other liabilities | $21,919 |
| Total liabilities | $4,835,226 |
| Net assets without donor restrictions | $2,802,377 |
| Net assets with donor restrictions | $74,524 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $7,712,127 |