Roland Park Place Inc

Organization Overview

Roland Park Place Inc is located in Baltimore, MD. 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, Roland Park Place Inc employed 327 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Roland Park Place 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, Roland Park Place Inc generated $22.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $24.4m during the year ending 06/2021. While expenses have increased by 4.0% 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

RETIREMENT COMMUNITY THAT OFFERS INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDEPENDENT LIVING - INDEPENDENT LIVING IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. ON-SITE WELLNESS OPTIONS INCLUDE A STATE-OF-THE-ART, STAFFED FITNESS CENTER AND POOL. INDIVIDUAL AND GROUP INSTRUCTION IS OFFERED. AN ON-SITE MEDICAL CLINIC IS STAFFED WITH NURSES, NURSE PRACTITIONERS, AND PHYSICIANS. CERTAIN ASSISTANCE IS PERMITTED IN THE APARTMENTS FOR THOSE WHOSE NEEDS REQUIRE ADDITIONAL SERVICES. THE COMMUNITY HAS 164 INDEPENDENT LIVING UNITS WITH AN ESTIMATED ANNUAL 61,823 CENSUS DAYS. OCCUPANCY AT 6/30/21 WAS 141 OCCUPIED APARTMENTS AND 171 RESIDENTS. IN THE SPRING OF 2020, ROLAND PARK PLACE BEGAN CONSTRUCTION OF A NEW INDEPENDENT LIVING EXPANSION. THE NEW CONSTRUCTION WILL PROVIDE FOR 58 NEW APARTMENTS LOCATED IN AN EIGHT STORY TOWER CONNECTED TO THE EXISTING BUILDING. IN ADDITION TO THE APARTMENTS, THE NEW ADDITION WILL INCLUDE AN ART STUDIO LOCATED ON THE GROUND FLOOR AND A COMMUNITY CLUB ROOM ON THE EIGHTH FLOOR WITH EXPANSIVE VIEWS OF THE BALTIMORE SKYLINE. COMPLETION IS EXPECTED IN THE FALL OF 2021.


NURSING CARE - THE HEALTH CARE CENTER PROVIDES BOTH LONG-TERM CARE AND SHORT-TERM REHABILITATION STAYS FOR RESIDENTS. THIS LEVEL OF RESIDENCY IS A COMPONENT OF ROLAND PARK PLACE'S "CONTINUING CARE" SERVICES. ON-SITE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH AND AQUATIC THERAPY ARE OFFERED IN THE HEALTH CARE CENTER TO RESIDENTS WHO MAY NEED TO REGAIN THEIR STRENGTH AFTER A JOINT REPLACEMENT, A SURGERY OR OTHER HOSPITALIZATION. THE HEALTH CARE CENTER HAS 44 PRIVATE ROOMS FOR NURSING CARE, LICENSED AS COMPREHENSIVE CARE, AND HAS AN ANNUAL ESTIMATED 9,518 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 21 PERMANENT AND TEMPORARY LIFECARE RESIDENTS AND 5 PER DIEM RESIDENTS.


ASSISTED LIVING - COMPRISED OF RESIDENTIAL CARE AND MEMORY CARE, OUR ASSISTED LIVING-LEVEL OF SERVICE, OFFERS A TRANSITION BETWEEN INDEPENDENT LIVING AND THE HEALTH CARE CENTER. FOR RESIDENTS WITH TEMPORARY OR PERMANENT PHYSICAL OR COGNITIVE CHALLENGES WHO ARE STILL SAFE AND COMFORTABLE WITH AN AUTONOMOUS LIFESTYLE, RESIDENTIAL CARE CAN OFFER JUST ENOUGH SUPPORT AND SAFETY WITHOUT TOO MUCH INTERVENTION. AS A RESULT OF RENOVATIONS COMPLETED IN DECEMBER 2019, THE COMMUNITY OFFERS 15 RESIDENTIAL CARE APARTMENTS AND 26 MEMORY CARE APARTMENTS FOR RESIDENTS WITH AN ESTIMATED ANNUAL 9,207 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 25.2 RESIDENTS.


A GENEROSITY OF SPIRIT AND TALENT DEFINES THE PEOPLE WHO CONTRIBUTE TO THE VIBRANCY OF ROLAND PARK PLACE AND OVER THE YEARS, OUR COMMITMENT AND PASSION TO COMMUNITY SERVICE HAS STRENGTHENED OUR TIES TO CITIZENS AND ESTABLISHED OUR PLACE IN THE NEIGHBORHOOD AS A SUPPORTIVE, CARING AND VALUED ALLY. WE NOT ONLY EMBRACE THE IDEA OF DIFFERENT NEIGHBORS, CIVIC GROUPS, BUSINESSES AND CITIZENS WORKING TOGETHER FOR THE BETTERMENT OF OUR COMMUNITY, WE ADVOCATE FOR IT. AS A NOT-FOR-PROFIT ORGANIZATION CHAMPIONING TEAMWORK, POSITIVE CHANGE AND CIVIC EMPOWERMENT, THE ROLAND PARK PLACE BOARD OF DIRECTORS HAS APPOINTED A STRATEGIC PLANNING COMMITTEE TO FURTHER STRENGTHEN OUR POSITION AS A RESPECTED PARTNER IN THE COMMUNITY AND REINFORCE OUR COMMITMENT TO PARTNERSHIPS AND SERVICE. OUR PHILOSOPHY INCLUDES A COMMITMENT TO SERVE AS A RESOURCE AND PROVIDER OF SERVICE TO THE GREATER BALTIMORE CITY COMMUNITY AND WE ACTIVELY SEEK OPPORTUNITIES TO ASSIST OUR SURROUNDING NEIGHBORS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $324,432
All other contributions, gifts, grants, and similar amounts not included above$92,984
Noncash contributions included in lines 1a–1f $20,327
Total Revenue from Contributions, Gifts, Grants & Similar$417,416
Total Program Service Revenue$18,091,386
Investment income $504,463
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $21,879
Net Gain/Loss on Asset Sales $3,334,573
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$23,141
Miscellaneous Revenue$0
Total Revenue $22,757,104

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Roland Park Place Inc has recieved totaling $8,512.

Awarding OrganizationAmount
Associated Jewish Charities Of Baltimore

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$6,000
Himmelrich Fund Inc

Baltimore, MD

PURPOSE: DONATION

$2,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$12
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,276,646
Earnings$735,998
Net Contributions$47,471
Other Expense$2,390
Ending Balance$3,057,725

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