Simpson Meadows
- Assets
- $16.1m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 221
- Location
- Bala Cynwyd, PA
- Founding
- 10/1999
- Data as of
- 12/2021
- EIN
- 23-2948992
Organization Overview
Simpson Meadows is located in Bala Cynwyd, PA. The organization was established in 1999. 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, Simpson Meadows employed 221 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Simpson Meadows 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, Simpson Meadows generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $7.1m during the year ending 12/2021. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 54 PERSONAL CARE SUITES, 18 OF WHICH ARE DEDICATED TO DEMENTIA CARE. SIMPSON MEADOWS' OPERATIONS ARE LOCATED IN THE TOWNSHIP OF EAST CALN, CHESTER COUNTY, PA. ITS PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES.BENEVOLENT CARE PROVIDED FOR THE YEAR 2021 BENEFITTED RESIDENTS TOTALING $79,514.00.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Dooley Executive Director | 40 | $120,607 | |
Demetrius Donell Johnson Charge Nurse | 40 | $117,584 | |
Janet Queh Care Associate | 40 | $101,441 | |
Laura J Kasal Director - Sales & Marketing | 40 | $101,399 | |
Rev James D Anderman Chair | OfficerTrustee | 1 | $0 |
Brad Daggert Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Simpson Senior Services Management Services | 12/30/21 | $244,242 |
Unidine Corporation Dietary & Housekeeping Services | 12/30/21 | $577,556 |
Peco-payment Processing Payment Processing Services | 12/30/21 | $168,338 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $341,244 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $362,026 |
| Total Program Service Revenue | $5,890,198 |
| Investment income | $9,055 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $281,471 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,642,903 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $121,697 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,399,316 |
| Pension plan accruals and contributions | $37,272 |
| Other employee benefits | $286,787 |
| Payroll taxes | $233,861 |
| Fees for services: Management | $694,479 |
| Fees for services: Legal | $10,535 |
| Fees for services: Accounting | $21,049 |
| Fees for services: Lobbying | $487 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12 |
| Fees for services: Other | $342,172 |
| Advertising and promotion | $112,044 |
| Office expenses | $128,547 |
| Information technology | $145,224 |
| Royalties | $0 |
| Occupancy | $450,574 |
| Travel | $10,589 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,284 |
| Interest | $282,396 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $873,828 |
| Insurance | $179,606 |
| All other expenses | $161,353 |
| Total functional expenses | $7,056,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $682,525 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150,145 |
| 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 | $147,660 |
| Net Land, buildings, and equipment | $7,941,478 |
| Investments—publicly traded securities | $3,209,836 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,944,190 |
| Total assets | $16,075,834 |
| Accounts payable and accrued expenses | $961,467 |
| Grants payable | $0 |
| Deferred revenue | $1,377,675 |
| Tax-exempt bond liabilities | $7,528,067 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,107,268 |
| Total liabilities | $20,974,477 |
| Net assets without donor restrictions | -$6,411,540 |
| Net assets with donor restrictions | $1,512,897 |
| 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 | $16,075,834 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Evergreens Fort Washington, PA | $100,353,926 | $21,284,774 |
Sunset Retirement Communities Inc Toledo, OH | $108,190,573 | $24,563,176 |
Reformed Church Ministries To The Aging The Particular Synod Of The Old Bridge, NJ | $46,050,388 | $18,196,179 |
Bristol Glen Inc Neptune, NJ | $77,949,384 | $23,074,416 |
Brethren Retirement Community Greenville, OH | $42,948,048 | $21,022,668 |
Artman Lutheran Home Ambler, PA | $58,762,001 | $19,567,052 |
Friendship Village Of Columbus Ohio Inc Columbus, OH | $29,113,635 | $19,234,809 |
Columbia Vantage House Corporation Columbia, MD | $57,259,023 | $17,855,737 |
South Franklin Circle Chagrin Falls, OH | $119,628,647 | $17,611,481 |
Bethlen Home Of The Hungarian Reformed Federation Of America Ligonier, PA | $24,911,659 | $19,095,488 |
Evangelical Services For The Aging Warminster, PA | $46,788,382 | $16,687,453 |
The Pines At Whiting Whiting, NJ | $28,869,676 | $19,824,900 |