Columbia Vantage House Corporation

Organization Overview

Columbia Vantage House Corporation, operating under the name Residences At Vantage Point, is located in Columbia, MD. The organization was established in 1987. 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 06/2021, Residences At Vantage Point employed 256 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Residences At Vantage Point 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 06/2021, Residences At Vantage Point generated $17.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $18.5m during the year ending 06/2021. While expenses have increased by 2.2% per year over the past 6 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 OPERATE A NON-DENOMINATIONAL SENIOR LIVING CONTINUING CARE RETIREMENT COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENT LIVING AND AFFILIATED SUPPORT SERVICES: SUPPORTIVE SERVICES FOR INDEPENDENT LIVING INCLUSIVE OF DINING, SOCIAL, CULTURAL, AND WELLNESS PROGRAMS. TOTAL INDEPENDENT LIVING DAYS FOR THE YEAR ENDED JUNE 30, 2021 WERE 81,115.


HEALTH CARE: 24 HOUR NURSING AND HEALTH CARE INCLUSIVE OF COMPREHENSIVE CARE, ASSISTED LIVING, AND MEMORY CARE. FOR THE YEAR ENDED JUNE 30, 2021, TOTAL SKILLED NURSING DAYS WERE 5,405, TOTAL ASSISTED LIVING DAYS WERE 7,097, AND TOTAL MEMORY CARE DAYS WERE 3,769.THE RESIDENTIAL SERVICE AGENCY PROVIDES SUPPORT TO RESIDENTS TO REMAIN INDEPENDENT. ASSISTED LIVING SUPPORTS RESIDENTS WITH ACTIVITIES OF DAILY LIVING. MEMORY CARE SUPPORTS RESIDENTS LIVING WITH VARIOUS FORMS OF DEMENTIA. THE SKILLED NURSING FACILITY PROVIDES RESIDENTS WITH 24-HOUR NURSING AND REHABILITATION SUCH AS PHYSICAL, SPEECH, OR OCCUPATIONAL THERAPY.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Life Care Services
Administrative And Management Services
$900,799
Encore Rehabilitation Services
Physical,speech, Occupational Therapy Se
$481,043
Anytime Construction
Construction/ Renovation Services
$372,104
Glynndevins Inc
Public Relations And Marketing Services
$324,746
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $185,377
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$185,377
Total Program Service Revenue$15,823,404
Investment income $170,013
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $53,781
Net Gain/Loss on Asset Sales $154,282
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,855,737

Endowment Analysis

Beg. Balance$562,170
Admin Expense$80,545
Net Contributions$11,565
Ending Balance$493,190

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