Pennswood Village

Organization Overview

Pennswood Village is located in Newtown, PA. The organization was established in 1977. 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 03/2022, Pennswood Village employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pennswood Village 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 03/2022, Pennswood Village generated $36.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $35.1m during the year ending 03/2022. While expenses have increased by 2.0% 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.

Since 2015, Pennswood Village has awarded 28 individual grants totaling $5,077,495. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES RESIDENTIAL, HEALTH, AND COMMUNITY SERVICES FOR INDIVIDUALS AGE 65 AND OLDER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PENNSWOOD VILLAGE BEGAN OPERATIONS IN JUNE 1980 WITH THE PURPOSE OF PROVIDING A CONTINUUM OF RESIDENTIAL, HEALTH CARE, WELLNESS, SOCIAL, AND COMMUNITY-BASED SERVICES AND PROGRAMS FOR THOSE PERSONS AGE 65 AND OLDER. PENNSWOOD VILLAGE OFFERS ACCOMMODATIONS OF 301 RESIDENTIAL LIVING APARTMENTS OF VARYING SIZES, 37 PERSONAL CARE APARTMENTS WITH 41 LICENSES AND 53 MEDICARE SKILLED NURSING BEDS THAT MEET THE PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF RESIDENTS REQUIRING THESE HIGHER LEVELS OF CARE.RESIDENT CENTERED CARE IS PARAMOUNT TO PENNSWOOD VILLAGE'S MISSION. SERVICES INCLUDE AN ON-SITE PHYSICIAN'S OFFICE STAFFED BY CONTRACTED PHYSICIANS, STAFF NURSE PRACTITIONERS, AND NURSING STAFF. ANNUALLY 13,000 VISITS ARE SEEN BY THIS OFFICE. OTHER OUT-PATIENT SERVICES INCLUDE PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPIES, MEDICATION MANAGEMENT, SOCIAL WORK SERVICES, HEALTH AND WELLNESS PROGRAMS INCLUDING LAND FITNESS AND AQUATICS PROGRAMS AS WELL AS DIETARY COUNSELING AND MATTERS OF PUBLIC HEALTH CONCERN. STAFF ALSO PROVIDES AT HOME CARE TO PENNSWOOD RESIDENTS WHO MAY REQUIRE OR BENEFIT FROM SUCH SERVICES, YET NOT REQUIRE A HIGHER LEVEL OF INPATIENT SERVICES. HOME VISITS BY REGISTERED NURSES AND LICENSED PRACTICAL NURSES ARE APPROXIMATE 26,000. PENNSWOOD VILLAGE DOES NOT BILL THE RESIDENT OR MEDICARE FOR THIS SERVICE. THE STAFF PROVIDES A MYRIAD OF SERVICES SUCH AS DRESSING CHANGES, MEDICATION ADMINISTRATION, AND ASSESSMENT WHEN DISCHARGED FROM THE NURSING HOME, ASSISTED LIVING FACILITY OR HOSPITAL AND PAIN MANAGEMENT. RESIDENTS WHO REQUIRE MANAGEMENT AND OBSERVATION BECAUSE THEY ARE DETERIORATING MENTALLY AND PHYSICALLY ARE ALSO SEEN ON A REGULAR BASIS. THE PROGRAM IS A VALUABLE PART OF THE HEALTH CARE SYSTEM AS IT ASSISTS THE RESIDENT TO REMAIN INDEPENDENT AS LONG AS POSSIBLE. RESIDENTS ARE ADMITTED TO THE COMMUNITY WITH CONSIDERATION GIVEN TO THEIR ABILITY TO PAY THE ESTABLISHED FEES THAT ARE BASED ON THE TYPE OF ACCOMMODATION OCCUPIED. HOWEVER, NO RESIDENT WILL BE ASKED TO LEAVE THE COMMUNITY FOR REASONS OF INABILITY TO PAY THE ESTABLISHED FEES WHEN THE INABILITY TO PAY IS NOT THEIR OWN FAULT. FINANCIAL ASSISTANCE TO THOSE IN NEED IS AVAILABLE AND FOR THE YEAR THAT ENDED MARCH 31, 2022, $341,800 WAS AWARDED TO 9 INDIVIDUALS. OVER THE LAST TEN YEARS ASSISTANCE TO RESIDENTS AMOUNTED TO APPROXIMATELY $4.5 MILLION. PENNSWOOD VILLAGE ALSO PROVIDES FINANCIAL ASSISTANCE TO THOSE WHO REQUEST SUPPORT TO PAY THE INITIAL ENTRY FEE. SINCE 2002, $516,656 HAS BEEN AWARDED FOR THIS PURPOSE. RESIDENTS OF PENNSWOOD VILLAGE ARE GENEROUS IN THEIR VOLUNTEER ACTIVITIES WITHIN THE COMMUNITY AND ALSO IN THE BROADER COMMUNITY AWAY FROM PENNSWOOD VILLAGE. THE HOURS OF VOLUNTARY SERVICE TYPICALLY EXCEEDS 5,000 ANNUALLY WITH OVER 200 RESIDENTS PARTICIPATING.PENNSWOOD VILLAGE HAS ACTIVELY SOUGHT TO SIGNIFICANTLY REDUCE OR ELIMINATE THE NEGATIVE IMPACT OF THE BUILDINGS ON THE ENVIRONMENT AND IMPROVE THE QUALITY OF LIFE OF OUR RESIDENTS. THE ENVIRONMENTAL BENEFIT INCLUDES A REDUCTION OF NATURAL RESOURCES CONSUMED; ECONOMIC BENEFITS IMPROVE THE BOTTOM LINE AND REDUCE OPERATING COSTS TO ALLOW MORE DOLLARS TO BE REDIRECTED TO PROGRAMS AND SERVICES BENEFITING SENIORS; THE HEALTH AND SAFETY BENEFIT ENHANCES RESIDENT COMFORT, HEALTH, AND QUALITY OF LIFE; AND THE COMMUNITY BENEFIT MINIMIZES THE STRAIN AND DEMANDS ON OUR LOCAL INFRASTRUCTURE.DINING SERVICES AT PENNSWOOD VILLAGE PROVIDES HOT AND COLD FOOD AND PACKAGING SUPPLIES FOR THE WOODSIDE MEALS PROGRAM. HIGHLY NUTRITIOUS HOT MEALS ARE PRODUCED DAILY FOR THIS PROGRAM AND PROVIDED AT COST TO WOODSIDE MEALS ON WHEELS. ALL THE PACKAGING SUPPLIES USED AND LABOR COST ASSOCIATED WITH THE MEALS ARE PROVIDED COMPLIMENTS OF PENNSWOOD VILLAGE. THERE ARE NEARLY 16,600 MEALS PREPARED PER YEAR, WHICH EQUATES TO OVER 1,700 STAFF HRS. TO SUPPORT THE SURROUNDING COMMUNITY PENNSWOOD VILLAGE ALSO MAKES PAYMENTS IN LIEU OF TAXES (PILOT) TO THE LOCAL GOVERNMENT AND CONTRIBUTIONS TO LOCAL ORGANIZATIONS SUCH AS POLICE, FIRE AND EMS. THESE VOLUNTEER PAYMENTS AND CONTRIBUTIONS AMOUNT TO APPROXIMATELY $603,000 ANNUALLY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Benchmark Construction Company Inc
General Contractor
$4,582,529
Keystone Fire Protection Co
Fire Safety Inspections
$502,906
Rlps Architects
Architect Services
$834,930
Integrated Security Systems Llc
Security Services
$443,896
Byrne Construction Inc
General Contractor
$416,617
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$622,971
Noncash contributions included in lines 1a–1f $262,731
Total Revenue from Contributions, Gifts, Grants & Similar$622,971
Total Program Service Revenue$33,103,866
Investment income $820,407
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $78,519
Net Gain/Loss on Asset Sales $1,431,637
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $34,883
Miscellaneous Revenue$0
Total Revenue $36,428,649

Grants Awarded

Over the last fiscal year, Pennswood Village has awarded $727,081 in support to 4 organizations.

Grant RecipientAmount

NESHAMINY SCHOOL DISTRICT

PURPOSE: SUPPORT DISTRICT INITIATIVES

$449,574

PENNSWOOD VILLAGE FOUNDATION

Org PageRecipient Profile

Newtown, PA

PURPOSE: TO SUPPORT PENNSWOOD VILLAGE FOUNDATION OPERATION'S

$123,710

COUNTY OF BUCKS

PURPOSE: SUPPORT COUNTY INITIATIVES

$92,790

MIDDLETOWN TOWNSHIP

PURPOSE: SUPPORT TOWNSHIP INITIATIVES

$61,007
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Pennswood Village has recieved totaling $11,524.

Awarding OrganizationAmount
Community Foundation Of New Jersey

Morristown, NJ

PURPOSE: GENERAL SUPPORT

$11,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$24
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,574,436
Earnings$463,082
Net Contributions$87,690
Ending Balance$21,125,208

Peer Organizations

Organization NameAssets
Willow Valley Communities
Lancaster, PA
$126,609,439
Isabella Geriatric Center Inc
Brooklyn, NY
$93,043,151
Oak Crest Village Inc
Parkville, MD
$90,971,954
United Church Homes Inc
Marion, OH
$117,776,158
Menorah Park Center For Senior Living
Beachwood, OH
$72,312,185
Seabrook Village Inc
Tinton Falls, NJ
$63,950,386
Spiritrust Lutheran
York, PA
$71,838,005
Otterbein Homes
Lebanon, OH
$73,479,652
Humangood Pennsylvania
Lafayette Hill, PA
$66,729,303
Albright Care Services
Frederick, MD
$64,491,895
Menno-Haven Inc
Chambersburg, PA
$60,604,024
Kendal-Crosslands Communities
Kennett Square, PA
$64,274,930

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