G D L Farms Corporation
- Assets
- $47.4m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 181
- Location
- Warrington, PA
- Founding
- 10/1989
- Data as of
- 05/2022
- EIN
- 23-2547530
Organization Overview
G D L Farms Corporation is located in Warrington, PA. The organization was established in 1989. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 05/2022, G D L Farms Corporation employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G D L Farms Corporation 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 05/2022, G D L Farms Corporation generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $12.1m during the year ending 05/2022. While expenses have increased by 7.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NON-PROFIT ORGANIZATION WAS FORMED FOR PROVIDING HOUSING TO SENIOR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORPORATION OPERATES AN APARTMENT COMPLEX AND PERSONAL CARE FACILITY FOR SENIOR CITIZENS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Ferguson Secretary/director | OfficerTrustee | 0.3 | $0 |
Richard Kozub Jr Vice-President/director | OfficerTrustee | 0.3 | $0 |
Vincent Dattilo CEO | OfficerTrustee | 2 | $0 |
Susan Wright President/director | OfficerTrustee | 0.5 | $0 |
Michelle Gloviak Director | Trustee | 0.3 | $0 |
Stephen Littman Director | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capital Marketing Advertising | 5/30/22 | $198,382 |
Us Food Food | 5/30/22 | $145,357 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $9,272,285 |
| Investment income | $185,388 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $9,746,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,800 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,499,642 |
| Pension plan accruals and contributions | $319,502 |
| Other employee benefits | $677,978 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,248 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $76,111 |
| Advertising and promotion | $582,708 |
| Office expenses | $92,699 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,178,048 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $965,228 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,770,101 |
| Insurance | $382,181 |
| All other expenses | $110,631 |
| Total functional expenses | $12,098,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,916 |
| Savings and temporary cash investments | $807,992 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $72,437 |
| 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 | $201,771 |
| Net Land, buildings, and equipment | $38,218,532 |
| Investments—publicly traded securities | $7,518,062 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $387,936 |
| Total assets | $47,389,646 |
| Accounts payable and accrued expenses | $688,391 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $20,812,948 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,945,812 |
| Total liabilities | $40,447,151 |
| Net assets without donor restrictions | $6,942,495 |
| Net assets with donor restrictions | $0 |
| 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 | $47,389,646 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
Blanchard Valley Continuing Care Services Findlay, OH | $61,929,671 | $35,904,527 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
King Farm Presbyterian Retirement Rockville, MD | $301,432,870 | $34,783,503 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |
Twin Lakes Cincinnati, OH | $221,116,873 | $30,548,357 |
Lutheran Home For The Aged Erie, PA | $0 | $39,821,403 |
St Leonard Centerville, OH | $96,777,617 | $31,237,067 |