Meadowood Residents Association Inc

Organization Overview

Meadowood Residents Association Inc is located in Worcester, PA. The organization was established in 2000. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meadowood Residents Association 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 06/2023, Meadowood Residents Association Inc generated $361.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $315.8k during the year ending 06/2023. While expenses have increased by 4.2% 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.

Since 2015, Meadowood Residents Association Inc has awarded 19 individual grants totaling $1,117,951. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION WAS ESTABLISHED TO PROVIDE A MEANS FOR THE RESIDENTS OF THE MEADOWOOD RETIREMENT COMMUNITY TO SUPPORT RESIDENT'S ACTIVITIES, BOTH SOCIAL AND EDUCATIONAL, AND TO RAISE FUNDS TO BENEFIT THE RETIREMENT COMMUNITY AS A WHOLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A TRIPS AND TRAVEL COMMITTEE PLANNED, ARRANGED AND MANAGED A VARIETY OF TRIPS IN THE FISCAL YEAR. THE TRIPS ARE PLANNED TO BE SELF-LIQUIDATING. AS IN MOST YEARS, THERE ARE DEPOSITS MADE FOR FUTURE TRIPS PLANNED FOR THE NEXT FISCAL YEAR.


FORM 990 PART III, LINE 4D: OTHER PROGRAM EXPENSES COMMUNITY-ORIENTED ACTIVITIES: (EXPENSES 18,145) THESE ACTIVITIES, INVOLVING ABOUT 125 PEOPLE, ACT THE RESIDENT COMMUNITY IN DIFFERENT WAYS THROUGH 15 DIFFERENT GROUPS. EXAMPLES INCLUDE THE CHORUS, 25 - 30 PEOPLE, WITH EXPENSES OF 2,442 INCLUDING COST OF DIRECTOR, ACCOMPANIST AND MUSIC. ANOTHER SMALL GROUP DESIGNS AND PRODUCES A MONTHLY NEWSLETTER AND ACTIVITY CALENDAR, EXPENSE FOR THIS FISCAL YEAR WAS 3,847. SMALLER ACTIVITIES INCLUDE RUNNING A SMALL REPAIR ACTIVITY IN THE WOODSHOP AND MAINTAINING A RESIDENT FLOWER GARDEN NEAR THE HEALTH CENTER. IN ADDITION, THIS CATEGORY INCLUDES EXPENSE FOR ADMINISTRATIVE SUPPORT AND PIANO TUNING. EDUCATIONAL ACTIVITIES: (EXPENSES 7,598) THE LARGEST OF THE SIX ACTIVITIES HAVING EDUCATIONAL CONTENT IS ONE WITH A CURRENT EVENTS FLAVOR. IT BRINGS IN PHILADELPHIA NEWS CORRESPONDENTS, WRITERS AND EDUCATORS FOR PRESENTATIONS AND DISCUSSIONS ON WORLD EVENTS, POLITICS AND OTHER TOPICAL ISSUES. ATTENDANCE IN THE 20+ SESSIONS PER YEAR RANGES FROM 40 TO 50 RESIDENTS AND EXPENSES WERE PROVIDED FROM THE GENERAL BUDGET AND THE REMAINDER FROM CHARGES LEVIED FOR SOME PROGRAMS. ANOTHER GROUP IS INVOLVED IN MAINTAINING AND OVERSEEING THE OPERATION OF FICTION AND NON-FICTION LIBRARIES WHICH CONTAIN ABOUT 8,000 BOOKS WITH A BUDGET OF 2.500. A MONTHLY BIBLE STUDY GROUP (BUDGET 2,200) HOSTS LEADERS FROM LOCAL RELIGIOUS ORGANIZATIONS. SOCIAL ACTIVITIES: (EXPENSES 5,458) THESE ACTIVITIES ARE AIMED AT PROVIDING INCREASED OPPORTUNITIES FOR SOCIAL INTERACTIONS AMONG RESIDENTS. INCLUDED ARE ACTIVITIES SUCH AS BILLARDS, BRIDGE, AND TABLE TENNIS, EACH INVOLVING 15-25 PEOPLE, AND SPECIAL EVENTS, LIKE A KENTUCKY DERBY PARTY AND NEW YEAR'S EVE PARTY, WITH ATTENDANCE IN THE RANGE OF 100-150 PEOPLE. FUNDING IS FROM THE GENERAL BUDGET WITH ADDITIONAL CHARGES LEVIED FOR SPECIAL EVENTS.


SHOPS THE RESIDENTS ASSOCIATION INCLUDES THREE COMMERCIAL ACTIVITIES: A GIFT SHOP, THRIFT SHOP AND THE CRAFT ROOM. THE GIFT SHOP SELLS MOSTLY TO RESIDENTS AND IT HANDLES A LIMITED LINE OF CLOTHING ARTICLES, MISCELLANEOUS SUNDRIES AND GIFT ITEMS INCLUDING GREETING CARDS. THE THRIFT SHOP SELLS CLOTHING AND FURNITURE AND ACCESSORIES. ALL OF THE ARTICLES FOR SALE ARE DONATED BY RESIDENTS OR RESIDENTS' FAMILIES. EXCESS CLOTHING, FURNITURE AND KITCHEN GOODS ARE REGULARLY DONATED TO LOCAL CHARITIES. THE MAIN CUSTOMER BASE FOR THE THRIFT SHOPS IS THE NEIGHBORING COMMUNITY. THE CRAFT ROOM SELLS CRAFTS MADE BY RESIDENTS. CUSTOMERS INCLUDE RESIDENTS, AS WELL AS MEMBERS OF NEIGHBORING COMMUNITIES.


PROGRAMS OF ENTERTAINMENT THE PROGRAM COMMITTEE ARRANGES FOR WEEKLY PROGRAMS FROM SEPTEMBER THROUGH JUNE. THE ENTERTAINMENT CONSISTS OF PROGRAMS BY PROFESSIONAL MUSICIANS OR OTHER PROFESSIONAL ENTERTAINERS. THESE PROGRAMS ARE TELEVISED ON OUR IN-HOUSE NETWORK AND ARE AVAILABLE TO RESIDENTS IN THE HEALTH CENTER AND IN THE RESIDENCES OF THOSE WHO WISH TO VIEW THE PERFORMANCE AT HOME. FUNDING FOR THIS ACTIVITY COMES FROM AN ANNUAL BUDGET APPROVED AND FUNDED BY THE RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dean Earye
Assistant Tr
$0
Don Falcone
Corporate Ac
$0
Gail Klein
President
$0
Hugh Trumbull
Past Preside
$0
Sue Venart
Secretary
$0
Maryland Wanck
Vice Preside
$0

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$298,611
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$298,611
Total Program Service Revenue$4,703
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$4,513
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $62,856
Miscellaneous Revenue$0
Total Revenue $361,657

Grants Awarded

Over the last fiscal year, Meadowood Residents Association Inc has awarded $238,163 in support to 2 organizations.

Grant RecipientAmount

MEADOWOOD RETIREMENT COMMUNITY

PURPOSE: BENEVOLENT FUND

$56,855

MEADOWOOD RETIREMENT COMMUNITY

PURPOSE: HOLIDAY GIVING

$181,308
View Grant Profile

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