Westminster Village Greenwood Inc

Organization Overview

Westminster Village Greenwood Inc, operating under the name Greenwood Village South, is located in Greenwood, IN. The organization was established in 1981. 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 06/2022, Greenwood Village South employed 460 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenwood Village South 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 06/2022, Greenwood Village South generated $31.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $27.4m during the year ending 06/2022. While expenses have increased by 3.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE A LONG-TERM CARE AND RETIREMENT FACILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PRIMARY BUSINESS ACTIVITY IS TO OPERATE A CONTINUING CARE AND RETIREMENT FACILITY, PROVIDING HOUSING FOR THE AGED IN APARTMENTS AND COTTAGES, ASSISTED LIVING CARE THROUGH ITS LICENSED RESIDENTIAL CARE FACILITY, AND HEALTH CARE THROUGH ITS HEALTH CARE FACILITY IN GREENWOOD, INDIANA. THE ORGANIZATION INCLUDES 179 INDEPENDENT-LIVING APARTMENTS, 76 INDEPENDENT-LIVING COTTAGES, 45 ASSISTED-LIVING APARTMENTS, AND A 131-BED HEALTH CARE CENTER THAT PROVIDES BOTH SKILLED AND IMMEDIATE CARE. WESTMINSTER VILLAGE GREENWOOD, INC. PROVIDES THE BENEFITS OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES.


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Board, Officers & Key Employees

Name (title)Compensation
Daniel H Wagner CPA
President
$0
Michael Tapp
Vice President
$0
Linda Gibson
Secretary
$0
Dan Callon
Treasurer
$0
Jerry Cripps
Director
$0
Phillip C Gettum
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Life Care Companies Llc
Management Services
$874,611
Select Rehabilitation Inc
Therapy Services
$1,274,539
Johnson Memorial Hospital
Medical Services
$655,614
Restup Llc
Staffing Services
$533,716
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,489,807
All other contributions, gifts, grants, and similar amounts not included above$8,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,498,322
Total Program Service Revenue$28,207,074
Investment income $205,961
Tax Exempt Bond Proceeds $0
Royalties $6,000
Net Rental Income $0
Net Gain/Loss on Asset Sales $152,526
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $31,277,153

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