Overview
What is Greenspring Village Inc?
Greenspring Village Inc is a nonprofit organization based in Springfield, Virginia. With a workforce of 1,186 employees, they offer a home for seniors, addressing their essential needs. Residents live in 1,365 independent living units, 135 assisted living units, 49 skilled nursing beds, and 59 memory care units. Greenspring Village provides various services, including housing, food, medical care, security, maintenance, recreational, and pastoral activities. They aim to create a sense of belonging, peace of mind, love, and acceptance for seniors. As part of the National Senior Communities Enterprise, they leverage their financial foundation and governance to benefit seniors and their supporters.
Official website here: www.nationalseniorcommunities.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Greenspring Village Inc has received an 81% score from Charity Navigator, reflecting a solid performance in accountability and finance. This score is based on a comprehensive evaluation of the organization's financial practices, indicating sound management of funds and resources. The organization is noted for its independent governance structure, with a majority of board members being independent, which contributes to transparency and effective oversight.
Strengths include a strong program expense ratio of 85.02%, demonstrating that a significant portion of its budget is directed towards its mission-related activities. The organization has also successfully implemented various policies related to conflict of interest, whistleblowing, and document retention, further enhancing its accountability. Additionally, the presence of an audit and oversight committee indicates rigorous financial scrutiny and management.
However, while the financial health appears robust, user feedback does not provide insights into the impact of the organization’s programs or the experiences of those served. Potential donors may want to seek more information on program outcomes and beneficiary experiences to gain a fuller picture of the charity's effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Greenspring Village Inc legitimate?
Greenspring Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenspring 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: $760,534
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,306,023
For more financial information, click here
Official website here: www.nationalseniorcommunities.org
What is the mission statement of Greenspring Village Inc?
Greenspring Village Inc is dedicated to providing a home for seniors that caters to their three primary needs. The mission statement of Greenspring Village emphasizes the importance of belonging, peace of mind, love, and acceptance for its residents. The organization goes beyond just offering a place to live, celebrating aging and creating unparalleled value and opportunities for every life it touches. Leveraging a strong financial foundation and governance, Greenspring Village advocates for seniors and those who support them, as part of the National Senior Communities Enterprise.
Official website here: www.nationalseniorcommunities.org
What is the revenue of Greenspring Village Inc?
Greenspring Village Inc's revenue in 2023 was $100,657,364.
Official website here: www.nationalseniorcommunities.org
Who are the executives of Greenspring Village Inc and what are their salaries?
The average compensation at Greenspring Village Inc during 2023 was $30,236. There are 1259 employees and 186 volunteers at Greenspring Village Inc.
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $22,500
- Other: $0
- Compensation: $0
- Related: $110,000
- Other: $0
- Compensation: $0
- Related: $22,500
- Other: $0
- Compensation: $0
- Related: $167,500
- Other: $0
- Compensation: $0
- Related: $65,000
- Other: $0
- Compensation: $0
- Related: $150,000
- Other: $0
- Compensation: $0
- Related: $110,000
- Other: $0
- Compensation: $0
- Related: $87,500
- Other: $0
- Compensation: $0
- Related: $87,500
- Other: $0
- Compensation: $0
- Related: $87,500
- Other: $0
- Compensation: $0
- Related: $215,000
- Other: $0
- Compensation: $0
- Related: $65,000
- Other: $0
- Compensation: $0
- Related: $150,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $153,204
- Related: $0
- Other: $4,578
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $224,504
- Related: $0
- Other: $30,568
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $158,654
- Related: $0
- Other: $18,484
- Compensation: $159,243
- Related: $0
- Other: $11,299
- Compensation: $137,907
- Related: $0
- Other: $17,328
- Compensation: $153,606
- Related: $0
- Other: $13,307
- Compensation: $140,264
- Related: $0
- Other: $14,920
- Compensation: $140,835
- Related: $0
- Other: $9,924
- Compensation: $141,763
- Related: $0
- Other: $11,170
Official website here: www.nationalseniorcommunities.org
Where can I find the form 990 for Greenspring Village Inc?
Greenspring Village Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalseniorcommunities.org
Learn more at the official website: www.nationalseniorcommunities.org
Mission Statement of Greenspring Village Inc
Greenspring Village Inc, a leading nonprofit organization, is dedicated to providing a home where seniors can find a sense of belonging, peace of mind, love, and acceptance. The mission of Greenspring Village Inc is grounded in the belief that every senior deserves a fulfilling and enjoyable living experience.
Welcoming seniors home, Greenspring Village Inc celebrates aging with inclusion, innovation, and advocacy. The organization creates unparalleled value and opportunities for every life it touches, emphasizing the importance of seniors and those who support them. As part of the National Senior Communities Enterprise, Greenspring Village Inc leverages its strong financial foundation and governance to ensure the best possible living conditions for seniors.
Inclusivity is at the heart of Greenspring Village Inc's mission. By focusing on the unique needs of each senior, the organization fosters a sense of belonging and acceptance. Innovation and advocacy are essential components of Greenspring Village Inc's approach to senior care. The organization continually strives to improve the lives of seniors, providing opportunities to thrive and engage in meaningful activities.
In summary, Greenspring Village Inc is a compassionate and forward-thinking nonprofit organization that prioritizes the well-being and happiness of seniors. Through its commitment to inclusion, innovation, and advocacy, Greenspring Village Inc creates a nurturing and supportive environment where every senior can feel at home.
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Impact
October, 2024
Greenspring Village Inc has a profound impact on the lives of seniors by providing a comprehensive environment that addresses their three primary needs: housing, security, and community support. Located in Springfield, VA, it serves as a vibrant home for over 1,600 residents, offering 1,365 independent living units, 135 assisted living units, 49 skilled nursing beds, and 59 memory care units.
The organization ensures that its residents enjoy a high quality of life through essential services, including housing, nutritious meals, medical care, security measures, and maintenance. Additionally, Greenspring Village fosters a sense of belonging and community by organizing recreational and pastoral activities that enrich the lives of its residents.
Guided by a mission that embodies belonging, peace of mind, love, and acceptance, Greenspring Village celebrates aging with a commitment to inclusion, innovation, and advocacy. This approach creates unparalleled value and opportunities for seniors, enhancing their well-being and dignity in their later years. The community's strong foundation allows it to continually support and uplift those it serves, making a meaningful impact in the lives of seniors and their families.
This information is meant to be a general summary of Greenspring 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 2023.
- Investment Income: $241,075
- Program Service Revenue: $96,373,415
- Gross Receipts: $100,692,279
Assets and Liabilities:
- Total Assets: $612,592,275
- Total Liabilities: $612,785,661
- Net Assets: -$193,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT FEES
Revenue
$83,172,249
ANCILLARY FEES
Revenue
$10,684,880
RESIDENT DEPOSITS
Revenue
$2,511,036
PROCESSING FEES
Revenue
$5,250
Organization Details
Founding Year
1997
Principal Officer
Jackson Bain
NTEE Category
Code: P750 - Human services
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