Riderwood Village Inc

Organization Overview

Riderwood Village Inc is located in Silver Spring, MD. The organization was established in 2003. 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, Riderwood Village Inc employed 1,680 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riderwood 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, Riderwood Village Inc generated $121.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $132.9m during the year ending 12/2021. While expenses have increased by 2.5% 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

RIDERWOOD VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,786 INDEPENDENT LIVING UNITS, 210 ASSISTED LIVING UNITS, 88 SKILLED NURSING UNITS AND 34 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
Erickson Senior Living Llc
Management - See Sch. O
$12,687,437
Cypress Contracting Llc
Contractor
$2,462,857
The Severn Group Inc
Hvac Contractor
$1,366,395
Ejr Management Llc
Contractor
$2,105,947
The Sherwin Williams Group Inc
Painting
$1,367,448
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,030,103
All other contributions, gifts, grants, and similar amounts not included above$2,027,139
Noncash contributions included in lines 1a–1f $157,165
Total Revenue from Contributions, Gifts, Grants & Similar$4,057,242
Total Program Service Revenue$116,817,153
Investment income $157,074
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $366,329
Net Gain/Loss on Asset Sales $9,444
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $121,407,935

Grants Awarded

Over the last fiscal year, Riderwood Village Inc has awarded $16,883 in support to 3 organizations.

Grant RecipientAmount

PRINCE GEORGE'S COUNTY FIRE STATION 841

PURPOSE: PROGRAM SERVICE

$6,883

ADVENTIST HEALTHCARE

Org PageRecipient Profile

Gaithersburg, MD

PURPOSE: PROGRAM SERVICE

$5,000

ALZHEIMERS ASSOCIATION NATIONAL CAPITAL AREA

Org PageRecipient Profile

Timonium, MD

PURPOSE: PROGRAM SERVICE

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Riderwood Village Inc has recieved totaling $7,526.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$6,750
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$626
Edward A St John Foundation Inc

Baltimore, MD

PURPOSE: TO FURTHER EXEMPT PURPOSE

$150
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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