G D L Farms Corporation
- Assets
- $50.5m
- Revenue
- $10.1m
- Investments
- $0.0
- Employees
- 153
- Location
- Warrington, PA
- Founding
- 10/1989
- Data as of
- 05/2023
- EIN
- 23-2547530
Organization Overview
G D L Farms Corporation is located in Warrington, PA. The organization was established in 1989. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 05/2023, G D L Farms Corporation employed 153 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G D L Farms Corporation 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 05/2023, G D L Farms Corporation generated $10.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $13.7m during the year ending 05/2023. While expenses have increased by 8.4% 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
NON-PROFIT ORGANIZATION WAS FORMED FOR PROVIDING HOUSING TO SENIOR CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORPORATION OPERATES AN APARTMENT COMPLEX AND PERSONAL CARE FACILITY FOR SENIOR CITIZENS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Dattilo CEO | OfficerTrustee | 2 | $0 |
Walter Hoppe Director | Trustee | 2 | $0 |
Susan Wright President/director | OfficerTrustee | 0.5 | $0 |
Howard Ferguson Secretary/director | OfficerTrustee | 0.3 | $0 |
Jack Mcgovern Director | Trustee | 0.3 | $0 |
Richard Kozub Jr Vice-President/director | OfficerTrustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eshyft Nursing Agency Services | 5/30/23 | $370,795 |
Capital Marketing Advertising | 5/30/23 | $207,011 |
Us Food Food | 5/30/23 | $203,494 |
Top Staff Nursing Agency Services | 5/30/23 | $134,198 |
Intelycare Nursing Agency Services | 5/30/23 | $129,885 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $9,561,889 |
| Investment income | $190,987 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,113,796 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,000 |
| 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 | $5,862,058 |
| Pension plan accruals and contributions | $302,584 |
| Other employee benefits | $576,704 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,316 |
| Fees for services: Accounting | $13,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $122,423 |
| Advertising and promotion | $633,836 |
| Office expenses | $96,281 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,210,171 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $893,183 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,759,405 |
| Insurance | $391,319 |
| All other expenses | $76,129 |
| Total functional expenses | $13,731,355 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,328 |
| Savings and temporary cash investments | $4,156,405 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $155,149 |
| Net Land, buildings, and equipment | $36,900,593 |
| Investments—publicly traded securities | $6,736,419 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,205,896 |
| Total assets | $50,466,790 |
| Accounts payable and accrued expenses | $762,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,138,801 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,827,592 |
| Total liabilities | $39,728,393 |
| Net assets without donor restrictions | $10,738,397 |
| 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 | $50,466,790 |