Ashby Ponds Inc

Ashby Ponds Inc Overview

Ashby Ponds Inc is located in Ashburn, VA. The organization was established in 2011. 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 12/2019, Ashby Ponds Inc employed 991 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Ashby Ponds Inc generated $88.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $92.9m during the year ending 12/2019. While expenses have increased by 10.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

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

ASHBY PONDS PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,178 INDEPENDENT LIVING UNITS, 56 ASSISTED LIVING UNITS, 44 SKILLED NURSING UNITS, AND 36 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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Ashby Ponds Inc Vendors

Vendor Name (Service)Compensation
Erickson Living Management Inc (Elm)
Management - See Sch. O
$8,412,933
Lets Move Llc
Moving
$361,580
Sherwin-williams Co
Contract Professional Services
$369,131
Heritage Landscape Services Llc
Landscaping
$361,338
Next Day Blinds
Contract Professional Services
$401,231
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$30,320
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,182,703
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,213,023
Total Program Service Revenue$65,521,341
Investment income $21,323,171
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $172,716
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $16,593
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $88,246,844

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