Overview
What is White Horse Village Inc?
White Horse Village Inc, a nonprofit organization based in Newtown Square, PA, offers a serene living experience surrounded by urban centers and nearby attractions, including Ridley Creek State Park, Longwood Gardens, Valley Forge National Historical Park, King of Prussia Mall, and Center City Philadelphia. With 516 employees, it provides independent residence options for 331 adults and comprehensive care for approximately 500 older adults through life care contracts. Its offerings include a two-story healthcare center featuring skilled nursing rooms, personal care suites, and a memory support neighborhood. White Horse Village has a progressive approach to sustainable living and, as a nonprofit, reinvests earnings back into the organization. It serves as a continuing care retirement community with a continuum of care, fostering extraordinary living through personal growth, connectedness, and relationships. White Horse Village extends its services to a nearby 55 and over community, inviting them to participate in its lifestyle and events in exchange for a modest monthly fee, which grants them access to wellness programs and an outpatient clinic for medical treatment, including vaccinations for COVID-19 and the flu.
Official website here: www.whitehorsevillage.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 81% - Three-Star out of Four Star rating
White Horse Village Inc has received a Three-Star rating from Charity Navigator, reflecting a solid endorsement of its accountability and financial practices. The organization scored particularly well in areas such as having a fully independent board and maintaining robust financial oversight, which contributes to its overall score derived entirely from accountability and finance metrics.
Strengths of the nonprofit include a high program expense ratio of 83.47%, indicating that a significant portion of its expenses goes directly to its programs. The organization also maintains comprehensive policies related to conflict of interest, whistleblower protection, and document retention, all of which demonstrate a commitment to ethical governance and transparency in its operations.
While the organization performs well in its financial practices, the single-beacon score approach means potential donors might benefit from further insights into its programmatic impact and service delivery. Overall, White Horse Village Inc showcases strong governance, but additional information on its effectiveness could enhance its evaluative profile.
This AI summary has been generated from information found on Charity Navigator.
Is White Horse Village Inc legitimate?
White Horse Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. White Horse Village Inc 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: $1,441,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,517,268
For more financial information, click here
Official website here: www.whitehorsevillage.org
What is the mission statement of White Horse Village Inc?
White Horse Village Inc is dedicated to creating opportunities for extraordinary living in a vibrant, diverse community. They focus on personal growth, connectedness, and relationships. The organization intentionally designs programs and services to enhance the quality of life for its residents. White Horse Village offers a variety of living options and on-site services, allowing for a convenient and engaging senior living experience. The mission-driven nonprofit organization reinvestes its earnings to further its mission and vision. White Horse Village provides care for approximately 500 adults, offering housing, meals, utilities, maintenance, and certain medical services under life care contracts. The organization extends its offerings to the surrounding community, inviting them to participate in its lifestyle and events, and providing them access to wellness programs and an outpatient clinic for medical treatments including vaccinations for COVID-19 and the flu.
Official website here: www.whitehorsevillage.org
Who is the CEO of White Horse Village Inc?
Kathleen Ardekani is the Principal Officer of White Horse Village Inc. The CEO's salary of White Horse Village Inc is $361,943 and their total compensation is $408,570.
Official website here: www.whitehorsevillage.org
What is the revenue of White Horse Village Inc?
White Horse Village Inc's revenue in 2022 was $41,165,001.
Official website here: www.whitehorsevillage.org
Who are the executives of White Horse Village Inc and what are their salaries?
The average compensation at White Horse Village Inc during 2022 was $25,114. There are 516 employees and 276 volunteers at White Horse Village Inc.
Here are 25 key members and their salaries (White Horse Village Inc's CEO's salary is $361,943 and their total compensation is $408,570):
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- Compensation: $361,943
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- Compensation: $107,241
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- Compensation: $120,694
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Official website here: www.whitehorsevillage.org
Where can I find the form 990 for White Horse Village Inc?
White Horse Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.whitehorsevillage.org
Learn more at the official website: www.whitehorsevillage.org
Mission Statement of White Horse Village Inc
White Horse Village Inc, a vibrant and diverse continuing care retirement community, is dedicated to creating exceptional living opportunities for its residents. With a mission to intentionally foster personal growth, connectedness, and relationships, the nonprofit organization goes above and beyond in its thoughtful approach to innovative and sustainable senior living.
The picturesque community, located on nearly one hundred acres, offers a serene and tranquil environment surrounded by urban centers and nearby attractions. Residents at White Horse Village enjoy an abundance of recreational opportunities and the convenience of many on-site services, from banking to salon, all at their fingertips. The organization prides itself on its progressive thinking and passion for leading the way in caring for older adults.
As a nonprofit organization, White Horse Village reinvestes its earnings back into the community, furthering its mission and vision. The organization provides care under life care contracts to approximately 500 adults, all over the age of 62, and offers housing, meals, utilities, maintenance, and certain medical services to these residents. White Horse Village's commitment to the surrounding community extends beyond its residents, as it has extended an invitation to the residents of a nearby 55 and over community to participate in its lifestyle and events. In exchange, the nonprofit collects a modest monthly fee and provides access to its wellness programs and outpatient clinic, where seniors can receive essential medical treatments, including vaccinations for COVID-19 and the flu. White Horse Village's compassionate and inclusive approach sets it apart as a leader in providing exceptional care and opportunities for older adults.
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Impact
October, 2024
White Horse Village Inc significantly enhances the quality of life for its residents and the surrounding community by providing a comprehensive, active senior living environment in Newtown Square, PA. Nestled within a serene landscape, the community supports approximately 500 adults over the age of 62 through a continuum of care that includes independent living options, skilled nursing, personal care, and memory support.
The amenities and services offered promote both physical and mental wellness, with an abundance of recreational activities available to foster engagement and social connection. Residents also benefit from convenient onsite services such as banking and salon facilities, ensuring that daily living is as seamless as possible.
Moreover, White Horse Village actively supports its neighbors by inviting residents from a nearby 55-and-over community to partake in its lifestyle programs and events. This initiative not only broadens the scope of activities available to those in the local area but also strengthens communal ties and fosters an inclusive atmosphere.
Through innovative and sustainable practices, White Horse Village aims to continuously improve and expand its offerings. By reinvesting earnings into the organization, it remains committed to enriching the lives of its residents and maintaining high standards of care. This holistic approach not only benefits individuals but also contributes positively to the broader community dynamic, promoting health, well-being, and connectedness for seniors in the region.
This information is meant to be a general summary of White Horse Village Inc. 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: $487,560
- Program Service Revenue: $39,672,397
- Gross Receipts: $48,020,361
Assets and Liabilities:
- Total Assets: $143,575,217
- Total Liabilities: $114,635,993
- Net Assets: $28,939,224
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT CARE FEES
Revenue
$23,426,191
MEDICAL CARE FEES
Revenue
$8,648,664
AMORT OF DEFERRED ENTRY FEES
Revenue
$7,592,542
SPRINGTON LAKE REVENUE
Revenue
$5,000
Organization Details
Founding Year
1989
Phone
(610) 558-5000Principal Officer
Kathleen Ardekani
Main Address
535 GRADYVILLE RD, NEWTOWN SQUARE, PA, 19073
Website
www.whitehorsevillage.orgNTEE Category
Code: P750 - Human services
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