Overview
What is Well-Spring Services Inc?
Well-Spring Services Inc is a nonprofit organization situated in Greensboro, North Carolina, with an address at 4100 Well Spring Drive. Their primary purpose is to support the Well-Spring Retirement Community, which holds tax-exempt status under sections 501(C)(3) and 509(A)(1) of the Internal Revenue Code. While the description does not explicitly specify the nature of their support services, it implies that they provide assistance to enhance the operations and well-being of the retirement community. The organization operates under the name Well-Spring Group, offering home care services through Well-Spring Solutions.
Official website here: www.well-spring.org
Is Well-Spring Services Inc legitimate?
Well-Spring Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Well-Spring Services 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: $941,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,001,010
For more financial information, click here
Official website here: www.well-spring.org
What is the mission statement of Well-Spring Services Inc?
Well-Spring Services Inc, as an organization, was established with the primary objective of supporting Well-Spring Retirement Community, a tax-exempt entity under the Internal Revenue Code sections 501(C)(3) and 509(A)(1). The main purpose of Well-Spring Services Inc is to provide essential support services to this retirement community. While the information does not provide specific details about the nature of these services, it is clear that the organization's mission is centered around enhancing the operations and well-being of the retirement community it supports.
Official website here: www.well-spring.org
Who is the CEO of Well-Spring Services Inc?
Stephen P Fleming is the CEO of Well-Spring Services Inc The CEO's salary of Well-Spring Services Inc is $447,834 and their total compensation is $482,677.
Official website here: www.well-spring.org
What is the revenue of Well-Spring Services Inc?
Well-Spring Services Inc's revenue in 2023 was $5,048,007.
Official website here: www.well-spring.org
Who are the executives of Well-Spring Services Inc and what are their salaries?
The average compensation at Well-Spring Services Inc during 2023 was $74,697. There are 26 employees and 25 volunteers at Well-Spring Services Inc.
Here are 32 key members and their salaries (Well-Spring Services Inc's CEO's salary is $447,834 and their total compensation is $482,677):
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- Compensation: $447,834
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- Other: $34,843
- Compensation: $434,923
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- Compensation: $111,078
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- Other: $11,904
Official website here: www.well-spring.org
Where can I find the form 990 for Well-Spring Services Inc?
Well-Spring Services Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.well-spring.org
Learn more at the official website: www.well-spring.org
Mission Statement of Well-Spring Services Inc
Well-Spring Services Inc, as an organization, was established with a specific purpose: to support Well-Spring Retirement Community Inc., a tax-exempt entity under the Internal Revenue Code sections 501(C)(3) and 509(A)(1). The role of Well-Spring Services Inc is to provide essential support services to this retirement community. In simpler terms, Well-Spring Services Inc is dedicated to enhancing the quality of life for residents in the Well-Spring Retirement Community, ensuring they have the necessary resources and care they need to thrive. The organization's mission is centered around ensuring the well-being and comfort of the community's residents, thus making their retirement years as fulfilling as possible.
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Impact
October, 2024
Well-Spring Services Inc plays a pivotal role in enhancing the quality of life for residents of the Well-Spring Retirement Community in Greensboro, NC. By providing essential support services, the organization ensures that the community can thrive in a safe and nurturing environment. Its focus on holistic care empowers residents to maintain their independence while accessing the resources they need for a fulfilling lifestyle.
The impact of Well-Spring Services is felt through various programs that cater to the physical, emotional, and social needs of seniors. This includes assistance with daily activities, health and wellness initiatives, and opportunities for social engagement, all of which foster a sense of community among residents. Furthermore, Well-Spring Services contributes to the overall sustainability of the retirement community, enabling it to continue serving its members effectively and compassionately.
This information is meant to be a general summary of Well-Spring Services 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: $70,449
- Program Service Revenue: $2,770,190
- Gross Receipts: $5,061,205
Assets and Liabilities:
- Total Assets: $11,085,589
- Total Liabilities: $1,025,458
- Net Assets: $10,060,131
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT SERVICES
Revenue
$2,770,190
Organization Details
Founding Year
2012
Principal Officer
Stephen P Fleming
Website
www.well-spring.orgNTEE Category
Code: T11 - Philanthropy
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