Wake Robin Corp

Organization Overview

Wake Robin Corp is located in Shelburne, VT. The organization was established in 1985. 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, Wake Robin Corp employed 346 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wake Robin Corp 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, Wake Robin Corp generated $30.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $29.4m during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

WAKE ROBIN HAS ONE PRIMARY PROGRAM SERVICE, TO ESTABLISH AND OWN A SUSTAINABLE AND DYNAMIC LIFE PLAN COMMUNITY (ALSO KNOWN AS A CONTINUING CARE RETIREMENT COMMUNITY) FOR OLDER ADULTS THAT HONORS BOTH MUTUAL SUPPORT AND INDEPENDENCE AND ADDRESSES THE HEALTH AND WELLNESS OF EACH RESIDENT. WAKE ROBIN EMBODIES A "RESIDENT DRIVEN" COMMUNITY LIFE, IN WHICH RESIDNTS CAN BE AS ENGAGED AS THEY WANT TO BE BOTH WITHIN AND OUTSIDE OF WAKE ROBIN. WAKE ROBIN PROVIDES RESIDENTS WITH HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY AND OTHER ANCILLARY SERVICES TO THE SENIOR RESIDENTS. WAKE ROBIN IS COMMITTED TO LIVING OUR CORE VALUES OF COMMUNITY, BALANCE, DIFFERENCE, ENVIRONMENTAL STEWARDSHIP, AND HUMOR. CONTINUED ON SCHEDULE O.THE SINGLE SITE COMMUNITY OFFERS 250 INDEPENDENT LIVING HOMES AND 98 HOMES IN THE LINDEN HEALTH CENTER (41 RESIDENTIAL CARE HOMES, 39 SKILLED NURSING HOMES AND 18 MEMORY CARE). AT DECEMBER 31, 2021, THE COMMUNITY HOUSED APPROXIMATELY 317 RESIDENTS IN INDEPENDENT HOMES AND 83 RESIDENTS IN THE HEALTH CENTER. WAKE ROBIN ALSO PROVIDES BENEVOLENCE ASSISTANCE FOR ITS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. WAKE ROBIN WAS FINANCIALLY IMPACTED BY COVID-19. EXPENSES INCREASED AND RESIDENT ACTIVITY DECREASED. CERTAIN REVENUE STREAMS WERE NEGATIVELY IMPACTED, AND ADDITIONAL COSTS WERE SPENT FOR DISEASE CONTROL, PERSONAL PROTECTIVE EQUIPMENT, CLEANING SUPPLIES AND WORKFORCE WAGES. FUNDING MADE AVAILABLE THROUGH THE CARES ACT AND CENTERS FOR MEDICARE AND MEDICAID SERVICES (CMS) WAS UTILIZED FOR ELIGIBLE EXPENDITURES.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Reinhart Food Service
Raw Food Service
$680,571
Network Performance Inc
It Consulting & Installation
$561,622
Mountain Air Systems Inc
Hvac System Services
$463,304
The Royal Group
Hardware/alarm Service
$509,200
Able Paint And Glass
Flooring Services
$489,659
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $204,602
All other contributions, gifts, grants, and similar amounts not included above$59,345
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$263,947
Total Program Service Revenue$29,423,968
Investment income $580,650
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $99,660
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,368,225

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wake Robin Corp has recieved totaling $4,291.

Awarding OrganizationAmount
The Hollis Family Foundation Dtd 12-28-1999

Shelburne, VT

PURPOSE: CHARITABLE

$4,291
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$891,579
Earnings$108,341
Net Contributions$30,000
Ending Balance$1,029,920

Create an account to unlock the data you need.

or