Willow Valley Communities
- Assets
- $552.3m
- Revenue
- $126.6m
- Investments
- $12.5m
- Employees
- 1,751
- Location
- Lancaster, PA
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 23-2226098
Organization Overview
Willow Valley Communities is located in Lancaster, PA. The organization was established in 1987. 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, Willow Valley Communities employed 1,751 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willow Valley Communities 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, Willow Valley Communities generated $126.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $117.7m during the year ending 12/2021. While expenses have increased by 3.8% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WVC ENRICHES THE LIVES OF MATURE ADULTS BY PROVIDING A CONTINUUM OF CARE AND SERVICE (CONT. ON SCH O) OPTIONS, PROMOTING WELLNESS, INDEPENDENCE AND THE HIGHEST POSSIBLE QUALITY OF LIFE.
Describe the Organization's Program Activity:
RESIDENTIAL SERVICES INCLUDE HEALTH CARE SERVICES, CULINARY, AND FACILITY MAINTENANCE/OPERATION. THE COMPANY PROVIDES LIFE CARE TO THE RESIDENTS OF WILLOW VALLEY MANOR, A RETIREMENT FACILITY THAT PROVIDES 273 RESIDENTIAL UNITS, 54 DUPLEX & TRIPLEX UNITS (COLLECTIVELY KNOWN AS PROVIDENCE PARK AT WILLOW VALLEY), AND A 53 APARTMENT HIGHRISE KNOWN AS THE VISTAS AT PROVIDENCE PARK; WILLOW VALLEY LAKES MANOR, A RETIREMENT FACILITY THAT INCLUDES 365 RESIDENTIAL UNITS, AN 80-BED HEALTHCARE FACILITY, 16 VILLA APARTMENTS, 36 MIDRISE APARTMENTS, AND 80 DUPLEX & TRIPLEX RESIDENTIAL UNITS (COLLECTIVELY KNOWN AS WILLOW GABLES); WILLOW VALLEY MANOR NORTH, A RETIREMENT FACILITY THAT INCLUDES 405 RESIDENTIAL UNITS, A 50 APARTMENT HIGHRISE KNOWN AS THE NORTH GARDEN APARTMENTS, AND A 280-BED HEALTHCARE FACILITY; SPRING RUN AT (CONT. ON SCH. O) WILLOW VALLEY, A RETIREMENT FACILITY THAT INCLUDES 210 RESIDENTIAL UNITS AND A 138-BED HEALTHCARE FACILITY; SOUTHPOINTE AT WILLOW VALLEY, AN EXPANSION OF LAKES MANOR, WHICH IS UNDER CONSTRUCTION WITH 88 VILLAS COMPLETED AND 120 RESIDENTIAL UNITS TO BE BUILT.
SMARTLIFE VIA WILLOW VALLEY IS A MEMBERSHIP BASED LIFECARE AT HOME PROGRAM DELIVERING HIGH QUALITY CARE AND SERVICES IN THE MEMBER'S HOME. SMARTLIFE PROVIDES PERSONAL CARE COORDINATION AND HOME CARE SERVICES INCLUDING COMPANION SERVICES, ADULT DAY CARE, TRANSPORTATION, HOME SAFETY ASSESSMENTS, AND MEAL DELIVERY. IN ADDITION, OPPORTUNITIES FOR SOCIAL, EDUCATION AND WELLNESS ACTIVITIES ARE AVAILABLE. IF NEEDED, PERSONAL CARE, MEMORY SUPPORT AND NURSING CARE ARE AVAILABLE TO THE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendall K Hunsicker VP Healthcare Services | Officer | 40 | $184,876 |
Sharon A Habanec VP Culinary Services | 40 | $151,968 | |
Margaret M Donegan Healthcare Administrator | 40 | $150,836 | |
Kristen M Loose Healthcare Administrator | 40 | $130,474 | |
Margaret A Seagers Manager Of Sales | 40 | $127,648 | |
James M Tracy Sr Dir Prop Mgmt & Svcs | 40 | $125,540 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ccs Building Group Building Contractor | 12/30/21 | $48,021,358 |
Willow Valley Retirement Management Management Services | 12/30/21 | $3,618,725 |
Trago Mechanical Hvac Contractor | 12/30/21 | $1,638,046 |
Clarity Laboratories Llc Medical Lab | 12/30/21 | $1,254,834 |
Willow Valley Development Corporation Development Services | 12/30/21 | $1,441,523 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,253,896 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,184,074 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,437,970 |
| Total Program Service Revenue | $110,105,421 |
| Investment income | $3,154,570 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,634,086 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $126,609,439 |
| 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. | $271,946 |
| Compensation of current officers, directors, key employees. | $271,946 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $40,578,125 |
| Pension plan accruals and contributions | $525,143 |
| Other employee benefits | $10,107,150 |
| Payroll taxes | $3,290,448 |
| Fees for services: Management | $3,528,213 |
| Fees for services: Legal | $249,518 |
| Fees for services: Accounting | $180,845 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $446,267 |
| Fees for services: Other | $370,575 |
| Advertising and promotion | $696,988 |
| Office expenses | $4,067,651 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,983,516 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,071 |
| Interest | $1,974,833 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,542,163 |
| Insurance | $867,119 |
| All other expenses | $2,857,439 |
| Total functional expenses | $117,708,060 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,161,480 |
| Savings and temporary cash investments | $35,738,057 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,117,248 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,325,108 |
| Net Land, buildings, and equipment | $384,080,667 |
| Investments—publicly traded securities | $114,523,152 |
| Investments—other securities | $12,495,069 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $897,614 |
| Total assets | $552,338,395 |
| Accounts payable and accrued expenses | $10,929,429 |
| Grants payable | $0 |
| Deferred revenue | $238,320,805 |
| Tax-exempt bond liabilities | $103,845,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $32,215,564 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $48,737,228 |
| Total liabilities | $434,048,026 |
| Net assets without donor restrictions | $115,153,128 |
| Net assets with donor restrictions | $3,137,241 |
| 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 | $552,338,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Willow Valley Communities has recieved totaling $17,500.
| Awarding Organization | Amount |
|---|---|
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Acts Retirement-Life Communities Inc Fort Washington, PA | $1,794,608,174 | $465,695,033 |
Springpoint Senior Living Inc Wall, NJ | $810,886,693 | $204,804,520 |
Asbury Atlantic Inc Frederick, MD | $494,202,745 | $182,270,716 |
Ohio Living Communities Westerville, OH | $447,327,891 | $153,214,887 |
Riderwood Village Inc Silver Spring, MD | $765,520,343 | $121,407,935 |
Willow Valley Communities Lancaster, PA | $552,338,395 | $126,609,439 |
Isabella Geriatric Center Inc Brooklyn, NY | $130,669,713 | $93,043,151 |
Oak Crest Village Inc Parkville, MD | $495,556,334 | $90,971,954 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Menorah Park Center For Senior Living Beachwood, OH | $96,877,128 | $72,312,185 |
Seabrook Village Inc Tinton Falls, NJ | $317,428,948 | $63,950,386 |
Spiritrust Lutheran York, PA | $151,346,375 | $71,838,005 |