Virginia United Methodist Homes Inc

Organization Overview

Virginia United Methodist Homes Inc, operating under the name Pinnacle Living, is located in Glen Allen, VA. The organization was established in 1953. 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 05/2022, Pinnacle Living employed 952 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pinnacle Living 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 05/2022, Pinnacle Living generated $70.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $67.9m during the year ending 05/2022. While expenses have increased by 2.4% 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

ENRICHING LIFE'S JOURNEY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PINNACLE LIVING PROVIDES HOUSING, HEALTH SERVICES AND FINANCIAL SECURITY TO RESIDENTS AT ITS FOUR LIFE PLAN COMMUNITIES IN VIRGINIA. PINNACLE LIVING IS ALSO THE SOLE MEMBER OF VIRGINIA UNITED METHODIST HOMES OF WILLIAMSBURG, INC. DOING BUSINESS AS WINDSORMEADE WILLIAMSBURG, WHICH OWNS AND OPERATES A LIFE PLAN COMMUNITY IN WILLIAMSBURG, VIRGINIA. PINNACLE LIVING PROVIDES FOR THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL AND RELIGIOUS NEEDS OF RESIDENTS. TOGETHER WITH ITS RELATED ORGANIZATION, WINDSORMEADE WILLIAMSBURG, PINNACLE LIVING IS A SYSTEM OF COMMUNITIES SERVING A WIDE RANGE OF SOCIALLY AND ECONOMICALLY DIVERSE RESIDENTS. PINNACLE LIVING AND WINDSORMEADE WILLIAMSBURG HAVE A LONGSTANDING REPUTATION OF PROVIDING EXCELLENT, COMPASSIONATE SERVICES IN A CHRISTIAN ENVIRONMENT. PINNACLE LIVING PROVIDES (DIRECTLY AND THROUGH THIRD PARTY ARRANGEMENTS) FOR THE HEALTH CARE OF RESIDENTS, IN HOUSEHOLD AND NEIGHBORHOOD SETTINGS WITH SKILLED NURSING SERVICES, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEMORY SUPPORT, PHYSICAL THERAPY AND RELATED HEALTH SERVICES. PINNACLE LIVING IS COMMITTED TO PROVIDING FOR THE FINANCIAL SECURITY OF ITS RESIDENTS IN COMPLIANCE WITH THE STANDARDS APPLICABLE TO A PUBLIC CHARITY. CONSISTENT WITH THIS COMMITMENT, PINNACLE LIVING ESTABLISHED ITS SAMARITAN PROGRAM FOR BENEVOLENT CARE. THROUGH THE SAMARITAN PROGRAM, FUNDS ARE SOLICITED BY VARIOUS MEANS, INCLUDING DIRECT SOLICITATION OF MEMBERS OF THE UNITED METHODIST CHURCH, ON BEHALF OF THE PINNACLE LIVING AND WINDSORMEADE WILLIAMSBURG RESIDENTS WHO MAY BECOME UNABLE TO PAY A PORTION OR ALL THEIR EXPENSES.


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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$1,327,653
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,327,653
Total Program Service Revenue$65,627,406
Investment income $2,596,899
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $682,876
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $70,234,834

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Virginia United Methodist Homes Inc has recieved totaling $916.

Awarding OrganizationAmount
Mr & Mrs J C Buddy Hawkins Memorial Fund

Las Vegas, NV

PURPOSE: GENERAL PURPOSE

$879
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$37
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,800,209
Earnings-$405,554
Net Contributions$282,082
Other Expense$338,137
Ending Balance$6,338,600

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