Sentara Life Care Corporation

Organization Overview

Sentara Life Care Corporation is located in Norfolk, VA. The organization was established in 1983. 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, Sentara Life Care Corporation employed 662 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, Sentara Life Care Corporation generated $76.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $80.1m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 5 years. 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

AS PART OF SENTARA HEALTHCARE'S INTEGRATED HEALTH CARE SYSTEM, WE IMPROVE HEALTH EVERY DAY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
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Amn Healthcare Inc
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$844,371
Enviro Tech
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Richter And Associates Inc
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$436,516
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,250
Total Program Service Revenue$63,380,368
Investment income $8
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,645,574
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $76,095,498

Endowment Analysis

Beg. Balance$35,649
Net Contributions$3,250
Other Expense$5,356
Ending Balance$33,543

Peer Organizations

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