Oak Crest Village Inc

Organization Overview

Oak Crest Village Inc is located in Parkville, MD. The organization was established in 1995. 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, Oak Crest Village Inc employed 1,456 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Crest Village Inc 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, Oak Crest Village Inc generated $91.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $101.1m during the year ending 12/2021. 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

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OAK CREST VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, ALL OF WHOM RESIDE IN 1,480 INDEPENDENT LIVING UNITS, 133 ASSISTED LIVING UNITS, 120 SKILLED NURSING BEDS AND 40 MEMORY CARE BEDS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO, HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erickson Senior Living Llc
Management - See Sch. O
$11,185,679
Commercial Interior Construction
Construction
$2,668,296
Buch Construction Inc
Construction
$2,016,043
Plano-coudon Llc
Construction
$1,370,491
Cove Electric Inc
Electrical
$1,316,972
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$14,350
Related organizations$0
Government grants $2,125,763
All other contributions, gifts, grants, and similar amounts not included above$2,398,204
Noncash contributions included in lines 1a–1f $36,754
Total Revenue from Contributions, Gifts, Grants & Similar$4,538,317
Total Program Service Revenue$85,824,507
Investment income $103,923
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $392,438
Net Gain/Loss on Asset Sales $32,858
Net Income from Fundraising Events $79,296
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $90,971,954

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Oak Crest Village Inc has recieved totaling $174.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$174
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Acts Retirement-Life Communities Inc
Fort Washington, PA
$465,695,033
Asbury Atlantic Inc
Frederick, MD
$182,270,716
Riderwood Village Inc
Silver Spring, MD
$121,407,935
Ashby Ponds Inc
Ashburn, VA
$105,782,483
Willow Valley Communities
Lancaster, PA
$126,609,439
Greenspring Village Inc
Springfield, VA
$86,958,670
Oak Crest Village Inc
Parkville, MD
$90,971,954
Goodwin House Incorporated
Alexandria, VA
$109,508,883
Spiritrust Lutheran
York, PA
$71,838,005
Humangood Pennsylvania
Lafayette Hill, PA
$66,729,303
Westminster-Canterbury Corporation
Richmond, VA
$77,739,552
Virginia United Methodist Homes Inc
Glen Allen, VA
$70,234,834

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