Seabrook Village Inc

Organization Overview

Seabrook Village Inc is located in Tinton Falls, NJ. 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, Seabrook Village Inc employed 855 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seabrook 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, Seabrook Village Inc generated $64.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $72.4m during the year ending 12/2021. While expenses have increased by 1.6% 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.

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

SEABROOK VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,051 INDEPENDENT LIVING UNITS, 90 ASSISTED LIVING UNITS, AND 68 SKILLED NURSING 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
Dave Bierbach Construction
Home Renovations
$1,299,048
Sapphire Builders Group Llc
Building Contractor
$1,273,502
Erickson Senior Living Llc
Management - See Sch. O
$7,807,386
Sweetwater Construction Corp
Building Contractor
$2,852,701
Pmc Mechanical Llc
Maintenance
$2,751,763
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$135,461
Related organizations$0
Government grants $952,351
All other contributions, gifts, grants, and similar amounts not included above$1,204,059
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,291,871
Total Program Service Revenue$61,023,121
Investment income $257,230
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $366,476
Net Gain/Loss on Asset Sales $6,200
Net Income from Fundraising Events $3,843
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $63,950,386

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Seabrook Village Inc has recieved totaling $1,373.

Awarding OrganizationAmount
Lucile And Maurice Pollak Fund

Manahawkin, NJ

PURPOSE: FOR OPERATIONS

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$373
View Grant Recipient Profile

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