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 12/2019, Oak Crest Village Inc employed 1,699 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Oak Crest Village Inc generated $92.8m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $101.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

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 1,508 INDEPENDENT LIVING UNITS, 133 ASSISTED LIVING UNITS, 160 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 Living Management Llc
Management - See Sch. O
$11,475,670
Plano-coudon Llc
Construction
$3,169,482
Commercial Interior Construction
Construction
$1,641,205
Business Flooring Inc
Flooring
$913,154
Cove Electric Inc
Electrical
$882,638
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$25,550
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,405,674
Noncash contributions included in lines 1a–1f $20,200
Total Revenue from Contributions, Gifts, Grants & Similar$1,431,224
Total Program Service Revenue$90,467,293
Investment income $271,522
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $404,231
Net Gain/Loss on Asset Sales $59,615
Net Income from Fundraising Events $96,891
Net Income from Gaming Activities $21,755
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $92,752,531

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Oak Crest Village Inc has recieved totaling $13,500.

Awarding OrganizationAmount
Plano-Coudon Foundation Inc

Baltimore, MD

PURPOSE: BENEVOLENT CARE FUND FOR RESIDENTS

$7,500
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$6,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Acts Retirement-Life Communities Inc
Fort Washington, PA
$446,249,117
Asbury Atlantic Inc
Frederick, MD
$174,395,209
Riderwood Village Inc
Silver Spring, MD
$111,726,433
Willow Valley Communities
Lancaster, PA
$113,600,002
Greenspring Village Inc
Springfield, VA
$93,929,946
Oak Crest Village Inc
Parkville, MD
$92,752,531
Ashby Ponds Inc
Ashburn, VA
$88,246,844
Goodwin House Incorporated
Alexandria, VA
$93,583,962
Sentara Life Care Corporation
Norfolk, VA
$76,095,498
Humangood Pennsylvania
Lafayette Hill, PA
$75,751,425
Spiritrust Lutheran
York, PA
$68,085,658
Westminster-Canterbury Corporation
Richmond, VA
$75,738,304

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