Village At Orchard Ridge Inc
- Assets
- $143.7m
- Revenue
- $25.3m
- Investments
- $0.0
- Employees
- 278
- Location
- Frederick, MD
- Founding
- 06/2010
- Data as of
- 12/2023
- EIN
- 26-3445374
Organization Overview
Village At Orchard Ridge Inc is located in Frederick, MD. The organization was established in 2010. 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 12/2023, Village At Orchard Ridge Inc employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Village At Orchard Ridge 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 12/2023, Village At Orchard Ridge Inc generated $25.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $30.9m during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 9 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
PROVIDES INDEPENDENT AND ASSISTED LIVING, SKILLED AND MEMORY CARE, AND REHAB TO OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT LIVING:INDEPENDENT LIVING RESIDENTS AT THE VILLAGE AT ORCHARD RIDGE, A NATIONAL LUTHERAN COMMUNITY, TAILOR THEIR OWN LIFE ENRICHMENT PROGRAMMING TO SUIT THEIR INDIVIDUAL TASTES AND FAVORED PASTIMES. SCHEDULES AREN'T SET IN STONE - THEY'RE PERSONALIZED AND SET IN MOTION TO FULFILL THE EDUCATIONAL, ENTERTAINMENT AND HEALTH AND WELLNESS NEEDS AND DESIRES OF RESIDENTS. THE VILLAGE AT ORCHARD RIDGE WITH NEARLY 450 TOTAL RESIDENTS CALLING IT HOME, IS NOT ONLY A COMMUNITY, BUT A VILLAGE NEIGHBORS, MAKING MEMORIES AND SHARING EXPERIENCES. THROUGH THE CONNECTEDLIVING PROGRAM'S THIRTEEN DIMENSIONS OF WELLNESS, MONTHLY PROGRAMMING IS OFFERED IN ALL AREAS TO ENSURE EXPOSURE AND OPPORTUNITY TO ALIGN AS DESIRED WITH HOLISTIC EVENTS AND LIVING. ADDITIONALLY, THE VILLAGE AT ORCHARD RIDGE'S FORWARD-THINKING APPROACH OF BRINGING HOME CARE SERVICES AND IN-HOME HEALTH SERVICES TO THE RESIDENTS ENABLES THEM TO STAY IN THEIR APARTMENTS AND COTTAGE HOMES LONGER. THE VILLAGE AT ORCHARD RIDGE OFFERS 308 INDEPENDENT LIVING RESIDENCES.
OTHER RESIDENT SERVICES
ASSISTED LIVING MEMORY CARE:THE VILLAGE OF ORCHARD RIDGE, A NATIONAL LUTHERAN COMMUNITY, OFFERS RESIDENTS LIVING WITH ALZHEIMER'S AND OTHER DEMENTIA-RELATED DISEASES A SPECIALIZED PROGRAM FOCUSED ON WHAT REMAINS OF THEIR ABILITIES, NOT WHAT HAS BEEN LOST, IN 18 RESIDENCES. THE VILLAGE AT ORCHARD RIDGE ALSO OFFERS TRADITIONAL ASSISTED LIVING SERVICES IN 17 RESIDENCES. DAILY EXPERIENCES ARE TAILORED BASED UPON WHAT IS LEARNED ABOUT RESIDENTS' LIVES - PAST JOBS, HOBBIES AND RELATIONSHIPS - TO PROMOTE POSITIVE EMOTIONS WHILE MINIMIZING STRESS. IN ADDITION TO INDIVIDUAL CARE PLANS AND ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, RESIDENTS ARE KEPT SAFE WITH 24/7 STAFFING, AND ADVANCED TECHNOLOGY SUCH AS SECURE DOORWAYS AND A CALL SYSTEM.
SKILLED NURSING: ORCHARD WOODS HEALTH CENTER OFFERS SKILLED NURSING SERVICES IN 20 LICENSED BEDS FOR RESIDENTS IN A COMFORTABLE AND CARING ATMOSPHERE WITH PRIVATE SUITES, SPACIOUS COMMON AREAS AND A SERENE PATIO FOR RELAXATION. WITH A REGISTERED NURSE AVAILABLE 24/7, SERVICE IS CUSTOMIZED ON ONE NEIGHBORHOOD FOR LONG-TERM CARE, WITH SHORT-TERM NURSING AND REHABILITATION SERVICES CUSTOMIZED AND OFFERED ON THE SECOND NEIGHBORHOOD. ORCHARD WOODS HEALTH CENTER DESIGNS INDIVIDUAL CARE PLANS FOR RESIDENTS WHICH INCLUDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, PHYSICAL, OCCUPATIONAL, SPEECH AND RESPIRATORY THERAPY, MEDICATION ADMINISTRATION, NUTRITIOUS MEALS AND SNACKS, HOUSEKEEPING, LAUNDRY AND TRANSPORTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine R Philips Chairperson | OfficerTrustee | 1 | $0 |
Matthew S Akers ESQ Secretary/treasurer | OfficerTrustee | 1 | $0 |
Gail Mazzocco Trustee | Trustee | 1 | $0 |
Cynthia Walters President/ceo | OfficerTrustee | 10 | $0 |
Lisa Behr Trustee | Trustee | 1 | $0 |
Richard Mazza Chief Financial Officer | Officer | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Care Svcs Repair Services | 12/30/17 | $155,002 |
Reading Landscape Inc Landscaping | 12/30/17 | $274,598 |
Partners In Planning Architectual Svc. | 12/30/17 | $146,194 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,996 |
| All other contributions, gifts, grants, and similar amounts not included above | $132,147 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,143 |
| Total Program Service Revenue | $24,136,956 |
| Investment income | $719,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,609 |
| Net Gain/Loss on Asset Sales | $110,243 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,283,641 |
| 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 | $6,481,440 |
| Pension plan accruals and contributions | $62,871 |
| Other employee benefits | $688,140 |
| Payroll taxes | $514,690 |
| Fees for services: Management | $1,834,500 |
| Fees for services: Legal | $16,712 |
| Fees for services: Accounting | $40,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $93,362 |
| Fees for services: Other | $1,462,768 |
| Advertising and promotion | $187,869 |
| Office expenses | $604,370 |
| Information technology | $145,866 |
| Royalties | $0 |
| Occupancy | $2,388,659 |
| Travel | $31,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,475 |
| Interest | $5,109,446 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,589,036 |
| Insurance | $214,210 |
| All other expenses | $568,381 |
| Total functional expenses | $30,909,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,000 |
| Accounts receivable, net | $559,429 |
| 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 | $82,495 |
| Net Land, buildings, and equipment | $125,915,702 |
| Investments—publicly traded securities | $17,155,284 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $143,729,030 |
| Accounts payable and accrued expenses | $5,697,994 |
| Grants payable | $0 |
| Deferred revenue | $30,521,921 |
| Tax-exempt bond liabilities | $75,600,674 |
| Escrow or custodial account liability | $244,374 |
| 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 | $51,855,509 |
| Total liabilities | $163,920,472 |
| Net assets without donor restrictions | -$22,216,943 |
| Net assets with donor restrictions | $2,025,501 |
| 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 | $143,729,030 |