Overview
What is Pennswood Village?
Pennswood Village is a nonprofit organization located in Newtown, Pennsylvania, dedicated to providing residential, healthcare, wellness, social, and community-based services for individuals aged 65 and older. Established in 1980, it offers accommodations of varying sizes, including 301 residential living apartments and 53 Medicare skilled nursing beds. The community prioritizes resident-centered care, with on-site medical services, outpatient therapies, and social work services. Staff also offers at-home care for residents not requiring higher levels of inpatient services. Pennswood Village does not bill residents or Medicare for these services. Financial assistance is available, with over $4.5 million awarded to residents over the last ten years. Volunteer activities within the community and beyond exceed 5,000 hours annually. Pennswood Village is committed to reducing its environmental impact and improving the quality of life for its residents. It provides nearly 16,600 meals per year for the Woodside Meals Program and makes significant volunteer payments and contributions to local organizations.
Official website here: www.pennswood.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
Pennswood Village has achieved an 85% score, earning a Three-Star rating from Charity Navigator. This rating reflects strong performance in the Accountability & Finance category, indicating that the organization is effectively managing its financial resources and adheres to important governance practices. The high score is derived from a comprehensive review of various factors, all contributing positively to its accountability profile.
The nonprofit demonstrates several strengths, including a fully independent board with all twelve members meeting independence standards, which is crucial for unbiased governance. Additionally, Pennswood Village has implemented robust financial oversight mechanisms, evidenced by their comprehensive audit and oversight committee, and has established clear policies regarding conflicts of interest and whistleblower protections. Such measures enhance transparency and stakeholder trust in the organization.
However, while the organization has a commendable program expense ratio of 83.85%, indicating that the majority of its expenditures are directed towards its mission-driven activities, the overall score is based solely on the Accountability & Finance beacon. This singular focus may suggest that other aspects of the nonprofit's operations, such as program effectiveness and impact, have not been evaluated in this rating. Overall, Pennswood Village shows a solid commitment to financial integrity and governance, but potential supporters may want to consider additional factors relating to program outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is Pennswood Village legitimate?
Pennswood Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pennswood Village submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $639,474
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,010,049
For more financial information, click here
Official website here: www.pennswood.org
What is the mission statement of Pennswood Village?
Pennswood Village is a community dedicated to providing residential, health, and social services for individuals aged 65 and older. Guided by Quaker principles, it leads the way in offering a continuum of care, from independent living to skilled nursing, that addresses the physical, social, and spiritual needs of its residents. Resident-centered care is at the heart of its mission. Pennswood Village's on-site healthcare center offers various outpatient services, including physician's office visits, therapies, and social work services. Additionally, staff provides at-home care for residents who may need assistance but don't require inpatient services. The community prioritizes keeping its residents independent as long as possible and offers financial assistance to those in need. Residents are encouraged to volunteer within the community and beyond, contributing over 5,000 hours annually. Pennswood Village is also committed to minimizing its environmental impact, improving the bottom line, enhancing resident comfort, health, and quality of life, and reducing the strain on local infrastructure.
Official website here: www.pennswood.org
Who is the CEO of Pennswood Village?
Daniel Murray is the Chief Executive Officer of Pennswood Village. The CEO's salary of Pennswood Village is $246,011 and their total compensation is $285,891.
Official website here: www.pennswood.org
What is the revenue of Pennswood Village?
Pennswood Village's revenue in 2022 was $36,428,649.
Official website here: www.pennswood.org
Who are the executives of Pennswood Village and what are their salaries?
The average compensation at Pennswood Village during 2022 was $27,743. There are 492 employees and 11 volunteers at Pennswood Village.
Here are 26 key members and their salaries (Pennswood Village's CEO's salary is $246,011 and their total compensation is $285,891):
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- Compensation: $246,011
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- Compensation: $150,311
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- Other: $1,730
Official website here: www.pennswood.org
Where can I find the form 990 for Pennswood Village?
Pennswood Village's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pennswood.org
Learn more at the official website: www.pennswood.org
Mission Statement of Pennswood Village
Pennswood Village, a caring community guided by Quaker principles and traditions, is a leading provider of residential and healthcare services for individuals aged 65 and older. Established in 1980, this organization offers a continuum of services that cater to the physical, social, and spiritual needs of seniors. With a mission rooted in resident-centered care, Pennswood Village provides a range of accommodations, including 301 residential living apartments, 37 personal care apartments, and 53 Medicare skilled nursing beds.
The community's on-site physician's office, staffed by contracted physicians, nursing staff, and nurse practitioners, sees approximately 13,000 visits annually. Pennswood Village also offers various outpatient services such as physical, occupational, and speech therapies, medication management, social work services, health and wellness programs, and at-home care for residents in need. The staff's dedication extends beyond the community, visiting residents who may require assistance but do not necessitate inpatient services.
Pennswood Village's financial assistance programs have helped numerous residents throughout the years by providing essential support for those in need. In the year that ended March 31, 2022, $341,800 was awarded to nine individuals. Over the past ten years, approximately $4.5 million was granted to residents. The community also supports its residents in their volunteer activities, both within the community and in broader communities, with over 200 residents participating annually and hours exceeding 5,000.
Pennswood Village is deeply committed to reducing its negative impact on the environment and enhancing the quality of life of its residents. The organization's environmental efforts include reducing natural resource consumption, improving the bottom line, and minimizing the strain on local infrastructure. Additionally, the community's dining services provide hot and cold meals and packaging supplies for the Woodside Meals Program at cost, supporting the surrounding community with payments in lieu of taxes and contributions to local organizations.
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Impact
October, 2024
Pennswood Village significantly impacts the lives of individuals aged 65 and older by providing a comprehensive continuum of residential, health, and community services. Established in 1980, it offers various accommodation options, including 301 residential living apartments, personal care apartments, and skilled nursing beds, all tailored to meet the diverse physical, social, and spiritual needs of its residents.
With a strong emphasis on resident-centered care, Pennswood Village prioritizes the well-being of its community members. It operates an on-site physician's office that facilitates approximately 13,000 visits annually, alongside out-patient services such as physical and occupational therapy, medication management, and health and wellness programs. The home care services provided, including nearly 26,000 home visits by nursing staff, allow residents to maintain their independence while receiving essential medical care.
The financial support programs at Pennswood Village ensure that residents are not forced to leave due to financial difficulties, awarding approximately $4.5 million in assistance over the last decade. Volunteerism is also a core part of the community, with over 200 residents contributing more than 5,000 hours of service each year.
Moreover, Pennswood Village is committed to sustainability and minimizing its environmental impact, while enhancing the quality of life for its residents. The organization contributes to the local community, supporting programs such as the Woodside Meals on Wheels, providing nearly 16,600 nutritious meals annually, and making significant financial contributions to local services, totaling around $603,000 each year.
In summary, Pennswood Village plays a vital role in enriching the lives of older adults, promoting independence, providing essential health services, fostering community engagement, and supporting the local economy, all guided by its commitment to caring and Quaker principles.
This information is meant to be a general summary of Pennswood Village. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,252,044
- Program Service Revenue: $33,103,866
- Gross Receipts: $39,545,324
Assets and Liabilities:
- Total Assets: $114,761,649
- Total Liabilities: $90,697,176
- Net Assets: $24,064,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MONTHLY FEES
Revenue
$20,062,855
AMORTIZATION OF ADVANCE FEES
Revenue
$7,384,961
HEALTH SERVICES
Revenue
$5,656,050
Organization Details
Founding Year
1976
Phone
(215) 968-9110Principal Officer
Daniel Murray
Main Address
1382 NEWTOWN-LANGHORNE RD, NEWTOWN, PA, 18940
Website
www.pennswood.orgNTEE Category
Code: P750 - Human services
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