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 06/2021, Greenwood Village South employed 481 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 06/2021, Greenwood Village South generated $28.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $24.6m during the year ending 06/2021. While expenses have increased by 1.7% 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

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 198 INDEPENDENT-LIVING APARTMENTS, 70 INDEPENDENT-LIVING COTTAGES, 46 ASSISTED-LIVING APARTMENTS, AND A 133-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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Rehabcare Group East Inc
Therapy Services
$1,351,208
Life Care Services Llc
Management Services
$1,050,673
View All Vendors

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$6,163
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,163
Total Program Service Revenue$28,063,363
Investment income $158,801
Tax Exempt Bond Proceeds $0
Royalties $6,000
Net Rental Income $0
Net Gain/Loss on Asset Sales -$29,113
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,216,147

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Westminster Village Greenwood Inc has recieved totaling $5.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

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