Greenspring Village Inc

Organization Overview

Greenspring Village Inc is located in Springfield, VA. 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 12/2019, Greenspring Village Inc employed 1,341 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, Greenspring Village Inc generated $93.9m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $103.3m during the year ending 12/2019. While expenses have increased by 1.9% per year over the past 5 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

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

GREENSPRING VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,395 INDEPENDENT LIVING UNITS, 135 ASSISTED LIVING UNITS, 92 SKILLED NURSING BEDS AND 44 MEMORY CARE UNITS. 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
Positive General Contractors Inc
Contractor
$3,654,153
Erickson Living Management
Management - See Sch. O
$10,942,953
Noovis
Network Services
$1,420,226
Cypress Contracting Llc
Construction Contractor
$3,283,544
Buch Construction Inc
Builder
$5,644,724
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$346,278
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,533,369
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,879,647
Total Program Service Revenue$90,530,481
Investment income $187,920
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $351,151
Net Gain/Loss on Asset Sales -$23,159
Net Income from Fundraising Events $3,906
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $93,929,946

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Greenspring Village Inc has recieved totaling $27,075.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$11,075
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Plano-Coudon Foundation Inc

Baltimore, MD

PURPOSE: BENEVOLENT CARE FUND FOR RESIDENTS

$6,000
View Grant Recipient Profile

Peer Organizations

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