Ashby Ponds Inc

Organization Overview

Ashby Ponds Inc is located in Ashburn, VA. The organization was established in 2011. 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 12/2021, Ashby Ponds Inc employed 1,086 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashby Ponds Inc 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 12/2021, Ashby Ponds Inc generated $105.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $117.9m during the year ending 12/2021. While expenses have increased by 10.9% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASHBY PONDS PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,319 INDEPENDENT LIVING UNITS, 56 ASSISTED LIVING UNITS, 44 SKILLED NURSING UNITS, AND 36 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erickson Senior Living Llc
Management - See Sch. O
$9,931,787
Cypress Contracting Llc
Contractor
$1,056,486
Tullis Worldwide Protection Inc
Security Services
$490,029
Heritage Landscape Services Llc
Landscaping
$385,846
3 Day Blinds Llc
Contract Professional Services
$423,021
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,480
Related organizations$0
Government grants $993,148
All other contributions, gifts, grants, and similar amounts not included above$1,606,063
Noncash contributions included in lines 1a–1f $37,535
Total Revenue from Contributions, Gifts, Grants & Similar$2,600,691
Total Program Service Revenue$77,607,229
Investment income $25,358,496
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $207,393
Net Gain/Loss on Asset Sales $2,304
Net Income from Fundraising Events $6,370
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $105,782,483

Grants Awarded

Over the last fiscal year, Ashby Ponds Inc has awarded $25,100 in support to 2 organizations.

Grant RecipientAmount

Springfield, MO

PURPOSE: GENERAL SUPPORT

$12,550

DOCTORS WITHOUT BORDERS

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL SUPPORT

$12,550
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Ashby Ponds Inc has recieved totaling $6,561.

Awarding OrganizationAmount
$5,900
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$661
View Grant Recipient Profile

Peer Organizations

Organization NameAssets
Asbury Atlantic Inc
Frederick, MD
$182,270,716
Riderwood Village Inc
Silver Spring, MD
$121,407,935
Ashby Ponds Inc
Ashburn, VA
$105,782,483
Greenspring Village Inc
Springfield, VA
$86,958,670
Oak Crest Village Inc
Parkville, MD
$90,971,954
Goodwin House Incorporated
Alexandria, VA
$109,508,883
Westminster-Canterbury Corporation
Richmond, VA
$77,739,552
Virginia United Methodist Homes Inc
Glen Allen, VA
$70,234,834
Albright Care Services
Frederick, MD
$64,491,895
Westminster-Canterbury On Chesapeake Bay
Virginia Beach, VA
$70,077,492
Givens Estates Inc
Asheville, NC
$72,683,846
Presbyterian Homes Inc
Colfax, NC
$62,438,008

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