Acts Retirement-Life Communities Inc

Organization Overview

Acts Retirement-Life Communities Inc is located in Fort Washington, PA. The organization was established in 1972. 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, Acts Retirement-Life Communities Inc employed 7,533 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, Acts Retirement-Life Communities Inc generated $446.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $435.5m during the year ending 12/2019. While expenses have increased by 4.0% 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

ACTS' PURPOSE IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTS PROVIDES COMPREHENSIVE LIFE CARE SERVICES TO SENIOR ADULTS AGED 62 AND OLDER THAT INCLUDE INDEPENDENT LIVING HOUSING, DINING AND NUTRITIONAL SERVICES, PASTORAL SERVICES, SECURITY, HOUSEKEEPING, MAINTENANCE SERVICES AND SOCIAL, CULTURAL, EDUCATIONAL, SPIRITUAL AND RECREATIONAL ACTIVITIES. IN ADDITION, WHEN A RESIDENT'S HEALTH CARE NEEDS CHANGE, ACTS OFFERS HOME HEALTH, ASSISTED LIVING, SKILLED NURSING CARE AND HOSPICE SERVICES. ALL PHYSICAL ACCOMMODATIONS AND SERVICES ARE PROVIDED IN ITS CONTINUING CARE RETIREMENT COMMUNITIES UNDER THE TERMS OF A FORMAL LIFECARE AGREEMENT WHICH ALSO ASSURES THAT ASSISTED LIVING AND SKILLED NURSING CARE WILL BE PROVIDED TO RESIDENTS WHEN THEY NEED IT, WITHOUT A CHANGE IN THEIR MONTHLY FEE, THEREBY OFFERING FURTHER SECURITY AND PEACE OF MIND. IN 2019, ACTS SERVED, ON AVERAGE, 6,721 RESIDENTS IN INDEPENDENT LIVING, 738 RESIDENTS IN ASSISTED LIVING, AND 1,206 RESIDENTS IN SKILLED CARE.


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Board, Officers & Key Employees

Name (title)Compensation
Gerald T Grant
President/ceo
$0
John L Esterhai Jr MD
Chairman
$0
Dilip A Kulathum
Vice Chairman
$0
H Bruce Detweiler
Treasurer
$0
Elric C Gerner
Secretary
$0
Charles W Coxson III
Exec Vp/coo
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Edifice Inc
General Contractor
$19,513,618
Warfel Construction Company
General Contractor
$16,273,921
Morette Company
General Contractor
$10,141,435
Holz & Henry Inc
General Contractor
$6,890,468
Complete Property Development
General Contractor
$8,506,730
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,827,719
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,365
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,839,084
Total Program Service Revenue$428,288,718
Investment income $7,536,941
Tax Exempt Bond Proceeds $898,763
Royalties $0
Net Rental Income $195,596
Net Gain/Loss on Asset Sales -$267,872
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $446,249,117

Grants Awarded

Over the last fiscal year, Acts Retirement-Life Communities Inc has awarded $35,000 in support to 3 organizations.

Grant RecipientAmount

Raleigh, NC

PURPOSE: LEADINGAGE BUILDING CAMPAIGN

$25,000

LEADINGAGE NEW JERSEY

Org PageRecipient Profile

Hamilton, NJ

PURPOSE: 2018 SPONSORSHIP

$5,000

Washington, DC

PURPOSE: LEADINGAGE STUDENT PROGRAM SCHOLARSHIPS

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Acts Retirement-Life Communities Inc has recieved totaling $3,858,719.

Awarding OrganizationAmount
Acts Legacy Foundation Inc

Fort Washington, PA

PURPOSE: RELEASE OF CONTRIBUTIONS RECEIVED FOR SUPPORTED ORGANIZATIONS

$3,827,719
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$8,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$8,000
Thrivent Charitable Impact & Investing

Minneapolis, MN

PURPOSE: SAMARITANS FUND

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,613,922
Earnings$95,047
Other Expense$95,047
Ending Balance$2,613,922

Peer Organizations

Organization NameAssets
Acts Retirement-Life Communities Inc
Fort Washington, PA
$446,249,117
Springpoint Senior Living Inc
Wall, NJ
$202,721,658
Ohio Living Communities
Westerville, OH
$169,437,428
Asbury Atlantic Inc
Frederick, MD
$174,395,209
Riderwood Village Inc
Silver Spring, MD
$111,726,433
Isabella Geriatric Center Inc
Brooklyn, NY
$111,998,921
Willow Valley Communities
Lancaster, PA
$113,600,002
Oak Crest Village Inc
Parkville, MD
$92,752,531
United Church Homes Inc
Marion, OH
$91,926,350
Menorah Park Center For Senior Living
Beachwood, OH
$79,038,193
Humangood Pennsylvania
Lafayette Hill, PA
$75,751,425
Spiritrust Lutheran
York, PA
$68,085,658

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