Chesterbrook Residences Inc

Organization Overview

Chesterbrook Residences Inc is located in Falls Church, VA. The organization was established in 2002. 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, Chesterbrook Residences Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesterbrook Residences 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, Chesterbrook Residences Inc generated $5.9m 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 $5.8m during the year ending 12/2021. While expenses have increased by 2.0% 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

TO PROVIDE, ON A NON-PROFIT BASIS, RENTAL HOUSING AND RELATED FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THE NEEDS OF ELDERLY PERSONS, WITHOUT REGARD TO THEIR RACIAL, SOCIAL, POLITICAL, OR RELIGIOUS BACKGROUDS, AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS, AND LONGEVITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE A CARING ASSISTED-LIVNG COMMUNITY WITH AN ONGONG TRADITION OF AFFORDABLE HOUSING, OFFERING SOLUTIONS THAT ENABLE US TO SERVE RESIDENTS WITH A RANGE OF INCOMES AND TO REMAIN IF PERSONAL RESOURCES DIMINISH.


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Board, Officers & Key Employees

Name (title)Compensation
Dejiytnu Tajebe
Director Of Nursing
$121,064
Vijay Maharajan
Administrator
$102,833
Dr Scott Bartram
President
$0
Marshall J Hyman
Treasurer
$0
Elizabeth Hefferon
Vice President
$0
Nancy Reder
Secretary
$0

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$20,496
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,496
Total Program Service Revenue$5,482,702
Investment income $115,942
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $213,818
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $5,863,009

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Chesterbrook Residences Inc has recieved totaling $6,706.

Awarding OrganizationAmount
Mclean Rotary Club Foundation Inc

Mclean, VA

PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION

$5,706
J V Schiro-Zavela Foundation

Mclean, VA

PURPOSE: OPERATIONAL SUPPORT

$1,000
View Grant Recipient Profile

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