Air Force Retired Officers Community-Washington Dc

Organization Overview

Air Force Retired Officers Community-Washington Dc, operating under the name Falcons Landing, is located in Potomac Falls, VA. The organization was established in 1985. 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 12/2022, Falcons Landing employed 381 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Falcons Landing 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 12/2022, Falcons Landing generated $38.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $36.0m during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 8 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

FALCONS LANDING PROVIDES HOUSING AND SERVICES VIA A CONTINUING CARE RETIREMENT COMMUNITY TO RETIRED AND HONORABLY DISCHARGED MILITARY OFFICERS AND SENIOR RETIRED FEDERAL EMPLOYEES, THEIR SPOUSES AND WIDOWED SPOUSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HOUSING FOOD AND OTHER SERVICES TO 411 INDEPENDENT LIVING RESIDENTS OF A RETIREMENT COMMUNITY


PROVIDE HOUSING, NURSING, FOOD AND OTHER SERVICES TO 90 HEALTH CENTER RESIDENTS OF A RETIREMENT COMMUNITY


85,400 IN RESIDENT DONATIONS TO THE LOCAL FIRE RESCUE SQUAD. AWARDED 85,000 IN SCHOLARSHIPS TO LOUDOUN COUNTY HIGH SCHOOL SENIORS


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Gary Handley
CEO
$290,971
Hardy Lister
CFO
$256,844
Fred Simpson
Hr
$178,774
Ashlee Bullock
Hc Adm
$174,636
Lisa Degilio
Np
$153,638
Cristina Anonas
Rn Supervisor
$148,229

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Best Choice Construction
Construction
$904,004
Sterling Appliance
Construction
$410,043
Rachel Erim Interior Design
Interior Design
$332,353
Demata Home Improvement
Construction
$312,159
Reico Distributors
Construction
$308,506
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,509,468
All other contributions, gifts, grants, and similar amounts not included above$391,396
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,900,864
Total Program Service Revenue$35,520,246
Investment income $325,893
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $38,747,003

Peer Organizations

Organization NameAssets
Greenspring Village Inc
Springfield, VA
$100,657,364
Ashby Ponds Inc
Ashburn, VA
$102,808,100
Oak Crest Village Inc
Parkville, MD
$99,595,448
Goodwin House Incorporated
Alexandria, VA
$119,566,504
Westminster-Canterbury On Chesapeake Bay
Virginia Beach, VA
$76,280,468
Albright Care Services
Frederick, MD
$64,110,162
Virginia United Methodist Homes Inc
Glen Allen, VA
$72,348,287
Westminster-Canterbury Corporation
Richmond, VA
$79,143,221
Givens Estates Inc
Asheville, NC
$71,456,797
Aldersgate United Methodist Retirement Community Inc
Charlotte, NC
$44,473,072
Sunnyside Presbyterian Home
Harrisonburg, VA
$59,092,448
Southminster Inc
Charlotte, NC
$51,247,846
Presbyterian Homes Inc
Colfax, NC
$62,438,008
Baptist Retirement Homes Of North Carolina Incorporated
Winston Salem, NC
$52,031,584
Everyage
Newton, NC
$58,100,743
Carolina Meadows Inc
Chapel Hill, NC
$48,724,740
Asbury Inc
Frederick, MD
$30,099,366
Masonic Homes Of Kentucky Inc
Masonic Home, KY
$38,441,432
Williamsburg Landing Inc
Williamsburg, VA
$46,748,975
Friends Homes Inc
Greensboro, NC
$41,313,832
Fort Norfolk Retirement Community Inc
Norfolk, VA
$36,023,542
The Village At Rockville Inc
Frederick, MD
$41,416,328
Ingleside Presbyterian Retirement Community Inc
Rockville, MD
$36,382,558
Well-Spring Ret Community
Greensboro, NC
$39,926,094
Deerfield Episcopal Retirement Comm Inc
Asheville, NC
$45,645,787

Create an account to unlock the data you need.

or