The Legacy Willow Bend Inc
- Assets
- $74.1m
- Revenue
- $28.3m
- Investments
- $0.0
- Employees
- 394
- Location
- Dallas, TX
- Founding
- 03/2006
- Data as of
- 09/2023
- EIN
- 20-2803956
Organization Overview
The Legacy Willow Bend Inc, operating under the name The Legacy At Willow Bend, is located in Dallas, TX. The organization was established in 2006. 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 09/2023, Legacy At Willow Bend employed 394 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy At Willow Bend 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 09/2023, Legacy At Willow Bend generated $28.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $27.4m during the year ending 09/2023. While expenses have increased by 3.6% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE LWB EXISTS TO PROVIDE A CONTINUUM OF CARE TO SENIORS AND THEIR FAMILIES WITH COMPASSION AND DIGNITY, WHILE EMBRACING JEWISH VALUES AND UPHOLDING HIGHEST STANDARDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. OPERATED AN INDEPENDENT LIVING FACILITY FOR THE BENEFIT OF ITS INDEPENDENT LIVING RESIDENTS. PROVIDED ALL OF THE SERVICES NECESSARY FOR AN INDEPENDENT LIVING FACILITY, INCLUDING DINING, LIFESTYLE, HOUSEKEEPING AND MAINTENANCE SERVICES. 2. OPERATED AN ASSISTED LIVING AND MEMORY SUPPORT FACILITY FOR THE BENEFIT OF ITS RESIDENTS, INCLUDING DINING, LIFESTYLE, NURSING, HOUSEKEEPING AND MAINTENANCE SERVICES. 3. OPERATED A NURSING FACILITY FOR THE BENEFIT OF ITS PATIENTS. PROVIDED ALL OF THE SERVICES NECESSARY FOR A NURSING FACILITY, INCLUDING DINING, LIFESTYLE, REHABILITATION, HOUSEKEEPING AND MAINTENANCE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Orth President/ceo | OfficerTrustee | 11 | $0 |
Terry Purchal CFO | Officer | 5 | $0 |
Alyssa Adam Cmo | Officer | 10 | $0 |
Laura Levy Executive Director Lwb | Officer | 40 | $0 |
Bridgette M Walshe COO | Officer | 10 | $0 |
Laura Zych Senior Director Of Finance | Officer | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kare Technologies Staffing | 9/29/23 | $362,824 |
Forvis Accounting | 9/29/23 | $190,983 |
Techscape Landscape Care | 9/29/23 | $330,203 |
Twomagnets Inc Dba Clipboard Healt Staffing | 9/29/23 | $254,839 |
Hbr Technologies It Support | 9/29/23 | $186,451 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $595,677 |
| Government grants | $2,980,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,575,747 |
| Total Program Service Revenue | $22,455,503 |
| Investment income | $376,067 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $825,961 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,255,084 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,172,665 |
| Pension plan accruals and contributions | $145,292 |
| Other employee benefits | $989,282 |
| Payroll taxes | $891,791 |
| Fees for services: Management | $1,117,023 |
| Fees for services: Legal | $96,519 |
| Fees for services: Accounting | $83,504 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,621 |
| Fees for services: Other | $901,991 |
| Advertising and promotion | $305,265 |
| Office expenses | $470,924 |
| Information technology | $206,223 |
| Royalties | $0 |
| Occupancy | $1,799,987 |
| Travel | $21,004 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $98,650 |
| Interest | $1,802,271 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,639,629 |
| Insurance | $541,573 |
| All other expenses | $177,357 |
| Total functional expenses | $27,416,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,067,078 |
| Savings and temporary cash investments | $4,417,460 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $985,756 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $54,674 |
| Prepaid expenses and deferred charges | $298,184 |
| Net Land, buildings, and equipment | $51,392,143 |
| Investments—publicly traded securities | $11,383,732 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,466,299 |
| Total assets | $74,065,326 |
| Accounts payable and accrued expenses | $1,039,465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $44,360,991 |
| Escrow or custodial account liability | $145,400 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $55,904,776 |
| Total liabilities | $101,450,632 |
| Net assets without donor restrictions | -$27,385,306 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $74,065,326 |