Greencroft Goshen Inc

Organization Overview

Greencroft Goshen Inc is located in Goshen, IN. The organization was established in 1972. 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 06/2021, Greencroft Goshen Inc employed 598 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greencroft Goshen 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 06/2021, Greencroft Goshen Inc generated $41.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $35.8m during the year ending 06/2021. While expenses have increased by 5.1% per year over the past 6 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

GREENCROFT GOSHEN PROVIDES ACTIVE, AFFORDABLE RETIREMENT LIVING WITH SUPPORTIVE SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE. CHARITY CARE FOR FYE JUNE 30, 2021 AMOUNTED TO $2,500,408.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NURSING SERVICES - GREENCROFT GOSHEN'S HEALTH FACILITIES PROVIDE STATE-OF-THE-ART HEALTH CARE TECHNIQUES AND TECHNOLOGY IN AN INVITING AND SUPPORTIVE RESIDENTIAL ENVIRONMENT. OUR SETTING IS APPROPRIATE FOR INDIVIDUALS WHO ARE RECOVERING FROM SURGERY OR ILLNESS, NEED REHABILITATION, OR REQUIRE ONGOING LONG-TERM NURSING CARE. OUR RESTORATIVE CARE PHILOSOPHY REINFORCES THE HEALING AND REHABILITATION PROCESS AND PROMOTES INDEPENDENCE. A FULL RANGE OF ACTIVITIES, CHAPLAINCY, AND SOCIAL SERVICES ARE PROVIDED. WE PROVIDE OUTPATIENT PHYSICAL, OCCUPATIONAL, AND SPEECH/LANGUAGE THERAPIES FOR ALL AGES. WE EMPHASIZE EDUCATION AND COMMUNICATION WITH YOU, YOUR FAMILY, AND REFERRING PHYSICIANS. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM GREENCROFT COMMUNITIES FOUNDATION IF THEIR ASSETS RUN OUT. DURING THE YEAR ENDED JUNE 30, 2021, 9% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNTS: INDIGENT CARE/CHARITY CARE - $2,500,408.


RESIDENT SERVICES - GREENCROFT GOSHEN (GG) IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO OVER 800 RESIDENTS ON A 170-ACRE CAMPUS. GG PROVIDES CCRC SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING, ADULT DAY PROGRAMS, SENIOR CENTER PROGRAMS, AND HOME CARE SERVICES. EVERGREEN PLACE PROVIDES GG RESIDENTS WITH A VITAL OPTION IN THE CONTINUUM OF CARE IF AND WHEN THEY SHOULD NEED ASSISTANCE SERVICES. ASSISTED LIVING VACANCIES NOT FILLED BY GG ARE AVAILABLE TO OLDER ADULTS IN THE WIDER COMMUNITY. WE PARTNER WITH RESIDENTS, THEIR FAMILIES, AND OTHERS TO CREATE A COMMUNITY WHERE OLDER ADULTS ENJOY LIFE. SUCH PARTNERSHIP IS ESSENTIAL TO APPROPRIATELY MEET THE NEEDS OF A RAPIDLY GROWING OLDER ADULT POPULATION. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS ARE ELIGIBLE FOR SUPPORT FROM THE GREENCROFT COMMUNITY FOUNDATION IF THEIR ASSETS RUN OUT. GG IS IN AN ACTIVE PARTNERSHIP WITH GOSHEN COLLEGE TO PROVIDE LIFELONG LEARNING OPPORTUNITIES TO PEOPLE OVER THE AGE OF 55 IN ELKHART COUNTY. ADDITIONALLY, GG PROVIDES NUMEROUS PROGRAMS AND ACTIVITIES FOR SENIORS ON AND OFF OUR CAMPUS. GG IS AFFILIATED WITH THREE HUD HOUSING ORGANIZATIONS ON ITS CAMPUS THAT ARE INTEGRATED INTO GG'S SERVICES. THESE ORGANIZATIONS SERVE 325 RESIDENTS.


DIETARY AND OTHER SERVICES - THE ORGANIZATION PROVIDES DIETARY AND OTHER MISCELLANEOUS PROGRAM SERVICES TO ITS RESIDENTS.


THE ORGANIZATION PROVIDES MAINTENANCE, TELEPHONE, HOUSEKEEPING, RENTAL, AND DIETARY SERVICES TO VARIOUS AFFILIATED ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Diane Woodworth
Chair
$0
Carol Ebersole
Vice Chair
$0
Brent Nafziger
President
$0
Scott Martin
Treasurer
$0
Aimee Riemke
Assistant Secretary
$0
Dale Shenk
Assistant Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,745,975
All other contributions, gifts, grants, and similar amounts not included above$175,039
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,921,014
Total Program Service Revenue$34,316,681
Investment income $3,132,394
Tax Exempt Bond Proceeds $0
Royalties $60,000
Net Rental Income -$34,485
Net Gain/Loss on Asset Sales $627,294
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $41,677,361

Grants Awarded

Over the last fiscal year, Greencroft Goshen Inc has awarded $335,678 in support to 2 organizations.

Grant RecipientAmount

GREENCROFT COMMUNITIES FOUNDATION INC

Org PageRecipient Profile

Goshen, IN

PURPOSE: TO SUPPORT OPERATIONS

$324,928

GOSHEN COMMUNITY SCHOOLS

Org PageRecipient Profile

Goshen, IN

PURPOSE: COMMUNITY POOL

$10,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greencroft Goshen Inc has recieved totaling $6,000.

Awarding OrganizationAmount
Everence Association Inc

Goshen, IN

PURPOSE: GRANTS & SPONSORSHIP

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,422,191
Earnings$4,127,542
Admin Expense$1,678
Net Contributions$182,904
Other Expense$845,096
Grants$30,330
Ending Balance$17,855,533

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