Brooksby Village Inc

Organization Overview

Brooksby Village Inc is located in Peabody, MA. The organization was established in 2004. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Brooksby Village Inc employed 1,125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooksby Village 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 12/2021, Brooksby Village Inc generated $77.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $82.8m during the year ending 12/2021. While expenses have increased by 2.3% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BROOKSBY VILLAGE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,343 INDEPENDENT LIVING UNITS, 92 ASSISTED CARE UNITS, 60 SKILLED NURSING BEDS, AND 44 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Erickson Senior Living Llc
Management - See Sch. O
$9,710,340
Cutler Assoc Inc
Plastering
$3,478,850
East Coast Remodeling
Plastering
$2,006,168
Robson Renovation
Renovations
$1,687,470
Republic Building Contractors Inc
Flooring Installation
$1,200,993
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$6,305
Related organizations$0
Government grants $1,229,208
All other contributions, gifts, grants, and similar amounts not included above$1,453,051
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,688,564
Total Program Service Revenue$74,365,724
Investment income $54,177
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $327,197
Net Gain/Loss on Asset Sales -$11,264
Net Income from Fundraising Events $26,239
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $77,450,637

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Brooksby Village Inc has recieved totaling $15,232.

Awarding OrganizationAmount
National Gift Annuity Foundation

Jacksonville, FL

PURPOSE: Benevolent Care Fund

$13,982
George Mavridis Foundation Inc

Peabody, MA

PURPOSE: TO SUPPORT THE MISSION OF THE FOUNDATION.

$1,250
View Grant Recipient Profile

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