Forest At Duke Inc

Organization Overview

Forest At Duke Inc is located in Durham, NC. The organization was established in 1989. 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 09/2023, Forest At Duke Inc employed 393 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forest At Duke 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 09/2023, Forest At Duke Inc generated $24.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $29.3m during the year ending 09/2023. While expenses have increased by 3.9% 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.

Since 2015, Forest At Duke Inc has awarded 208 individual grants totaling $4,836,569. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A CARING, RESPONSIBLE RETIREMENT COMMUNITY BY ENHANCING RESIDENTS' LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOREST AT DUKE WELCOMED ITS FIRST RESIDENTS IN 1992 WITH A MISSION TO PROVIDE A CARING, RESPONSIBLE COMMUNITY THAT FOSTERS THE INDEPENDENCE OF RESIDENTS OF RETIREMENT AGE BY ENHANCING THEIR ABILITY TO LEAD PURPOSEFUL, ACTIVE, HEALTHY AND SECURE LIVES. THE 47-ACRE CAMPUS IS HOME TO APPROXIMATELY 400 RESIDENTS AND INCLUDES 235 INDEPENDENT LIVING RESIDENCES, 32 ASSISTED LIVING SUITES AND 58 SKILLED NURSING RESIDENCES. IN 2007, THE FOREST WAS AWARDED A BBB+ CREDIT RATING BY FITCH RATINGS, ACHIEVED NATIONAL COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES/CONTINUING CARE ACCREDITATION COMMISSION (CARF-CCAC) ACCREDITATION, AND RECEIVED ANOTHER HEALTH CENTER DEFICIENCY FREE SURVEY FROM THE NC DEPARTMENT OF HEALTH REGULATORS. IN 2007, THE FOREST ALSO CHOSE TO PARTICIPATE IN THE MEDICARE PART A PROGRAM AND GAINED CERTIFICATION UNDER MEDICARE. IN OCTOBER 2017, THE FOREST AT DUKE WAS REVIEWED BY CARF-CCAC AND EARNED ANOTHER FIVE-YEAR TERM AS AN ACCREDITED CONTINUING RETIREMENT COMMUNITY.THE FOREST HAS COMPLETED THE CONSTRUCTION OF 15 COTTAGE HOMES AND ALL WERE OCCUPIED BY THE END OF FISCAL YEAR 2015. THE RENOVATION TO THE COMMUNITY CENTER, INCLUDING ENLARGING THE FITNESS CENTER, ENHANCING DINING AND OTHER INTERIOR PROGRAM MODIFICATIONS, WAS COMPLETED BY THE END OF FISCAL YEAR 2016.IN JUNE 2021, THE FOREST COMPLETED THE FINANCING TO BUILD A NEW HEALTH CENTER ON ITS CURRENT CAMPUS. THE FACILITY WILL HAVE 90 NEW UNITS IN THE "SMALL HOUSE" FORMAT IN A FIVE-STORY, APPROXIMATELY 110,000 SQUARE FOOT BUILDING. THE SMALL HOUSE MODEL OF CARE IS DESIGNED AROUND HOUSES (OR GROUPS OF ROOMS) IN WHICH EACH HOUSE HAS 10 PRIVATE ROOMS EACH WITH A BATHROOM AND ALL COMMON SPACES AND SUPPORT AREAS LOCATED WITHIN THE HOUSE. THE SMALL HOUSE MODEL WILL PROVIDE THE SAME SCOPE OF SERVICES, EACH NEIGHBORHOOD WILL HAVE A TEAM THAT PROVIDES THE CARE, RESIDENTS WILL HAVE SHORT WALKING DISTANCES TO INCREASE LEVEL OF INDEPENDENCE, RESIDENT PRIVACY, ADDITIONAL DINING AND FITNESS VENUES. THE PROJECT IS COMPLETE AND THE RESIDENTS MOVED INTO THE NEW HEALTH CENTER IN FEBRUARY 2023.IN NOVEMBER 2022, THE FOREST COMPLETED THE FINANCING FOR PHASE TWO OF THE PROJECT. THE PROJECT INCLUDES THE ADDITION OF SEVENTY-ONE (71) NEW INDEPENDENT LIVING APARTMENTS AND AN EXPANDED COMMUNITY CENTER WHICH CONNECTS THE EXISTING COMMUNITY CENTER TO THE HEALTH CENTER. THE EXPANDED COMMUNITY CENTER ALSO INCLUDES SERVICE AND AMENITY SPACES SUCH AS ADDITIONAL DINING, FITNESS AREA, CLASSROOM, MULTIPURPOSE ROOMS, A CLINIC AND OFFICE SPACES. THE NEW APARTMENTS HAVE AN AVERAGE OF 1,450 SQUARE FEET WITH SPACIOUS OPEN-LIVING DESIGN FLOORPLANS, TEN FOOT CEILINGS, AND FINISHES COMMENSURATE WITH HIGH-END REAL ESTATE IN THE MARKET AREA. OTHER FEATURES INCLUDE GOURMET KITCHENS WITH STAINLESS STEEL APPLIANCES, LARGE COVERED BALCONIES OR GROUND LEVEL PATIOS FOR OUTDOOR LIVING IN EACH APARTMENT HOME. EACH APARTMENT HOME IS EXPECTED TO INCLUDE ASSIGNED UNDERGROUND PARKING.SITE WORK BEGAN IN MAY 2023 AND IS ANTICIPATED TO BE COMPLETED BY EARLY 2025.THE FOREST AT DUKE TAKES SERIOUSLY ITS COMMITMENT TO SOCIAL RESPONSIBILITY AND LEADERSHIP. OUTREACH INCLUDES MAJOR ANNUAL CORPORATE FINANCIAL ASSISTANCE TO THE DURHAM COUNCIL FOR SENIOR CITIZENS, THE DURHAM CENTER FOR SENIOR LIFE, THE SENIOR PHARMASSIST PROGRAM, AND ROGERS-HERR MIDDLE SCHOOL. THROUGHOUT THE YEAR, OTHER LOCAL NON-PROFITS ARE HELPED WITH CASH, IN-KIND AND VOLUNTEER DONATIONS AS WELL. MORE THAN 75,000 RESIDENT VOLUNTEER HOURS PER YEAR BENEFIT LOCAL SCHOOLS, CHURCHES, DUKE HOSPITALS AND OTHER AREA SERVICE ORGANIZATIONS. THE FOREST EMPLOYEE EDUCATIONAL ASSISTANCE FUND CONTINUES TO AWARD MONIES TO OVER 20 FOREST STAFF EACH YEAR TO FURTHER THEIR EDUCATION.THE FOREST CONTINUES TO HAVE STRONG ASSOCIATIONS WITH EDUCATIONAL AND LICENSING INSTITUTIONS. THE COMMUNITY SERVES AS A TRAINING SITE FOR: GERIATRIC FELLOWS DUKE UNIVERSITY MEDICAL CENTER INTERNAL MEDICINE RESIDENTS DUKE UNIVERSITY MEDICAL CENTER NURSING STUDENTS WATTS SCHOOL OF NURSING INTERNS IN THE LEADERSHIP IN AGING PROGRAM DUKE UNIVERSITY THERAPEUTIC RECREATION INTERNS FROM SURROUNDING UNIVERSITIES NURSING HOME ADMINISTRATORS THE NORTH CAROLINA BOARD OF LICENSING OF NURSING HOME ADMINISTRATORSTHE FOREST ACTIVELY PARTICIPATES WITH ITS PEERS IN THE INDUSTRY THROUGH ASSOCIATION INVOLVEMENT. FOREST EMPLOYEES OFTEN SERVE IN LEADERSHIP AND AS PRESENTERS AT STATE AND NATIONAL EDUCATIONAL SESSIONS. THE FOREST MAINTAINS MEMBERSHIPS IN THE FOLLOWING PROFESSIONAL ASSOCIATIONS: LEADINGAGE LEADING AGE NORTH CAROLINA NORTH CAROLINA HEALTH CARE ASSOCIATION AMERICAN HEALTH CARE ASSOCIATION DURHAM CHAMBER OF COMMERCE NORTH CAROLINA COALITION FOR LONG TERM CARE ENHANCEMENT SOCIETY FOR THE ADVANCEMENT OF GERONTOLOGICAL ENVIRONMENTS


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
Harvey Cohen
Chairman
$0
Chuck Kennedy
Vice Chairman
$0
Denise Barnes
Board Member
$0
George Brothers Jr
Board Member
$0
Carol Carson
Board Member
$0
Craig Daniels
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lifestyle Products Llc
Furniture Vendor
$798,264
Qhc Staffing Llc
Agency Staffing
$582,925
Duke Health Integrated Practice Inc
Physician Services
$451,156
Mas Medical Staffing Llc
Agency Staffing
$438,427
Directional Landscape Management
Landscaping
$436,274
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$333,485
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$333,485
Total Program Service Revenue$27,206,249
Investment income $1,757,527
Tax Exempt Bond Proceeds $163,431
Royalties $0
Net Rental Income $5,605
Net Gain/Loss on Asset Sales -$5,425,173
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $2,809
Miscellaneous Revenue$0
Total Revenue $24,329,545

Grants Awarded

Over the last fiscal year, Forest At Duke Inc has awarded $986,660 in support to 37 organizations.

Grant RecipientAmount

ALZHEIMERS OF NORTH CAROLINA

PURPOSE: OPERATING SUPPORT

$15,000

AMERICAN DANCE FESTIVAL

PURPOSE: OPERATING SUPPORT

$15,000

APS OF DURHAM

PURPOSE: OPERATING SUPPORT

$10,000

BOYS & GIRLS CLUB OF DURHAM

PURPOSE: OPERATING SUPPORT

$55,100

CARING HOUSE

PURPOSE: OPERATING SUPPORT

$40,000

CASA

PURPOSE: OPERATING SUPPORT

$55,000
View Grant Profile

Peer Organizations

Organization NameAssets
Greenspring Village Inc
Springfield, VA
$100,657,364
Ashby Ponds Inc
Ashburn, VA
$102,808,100
Goodwin House Incorporated
Alexandria, VA
$119,566,504
Lutheran Homes Of South Carolina Inc
Irmo, SC
$80,187,073
Westminster-Canterbury On Chesapeake Bay
Virginia Beach, VA
$76,280,468
Presbyterian Communities Of South Carolina
Columbia, SC
$64,282,082
Bishop Gadsden Episcopal Retirement Community
Charleston, SC
$63,216,970
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
Lenbrook Square Foundation Inc
Atlanta, GA
$46,078,205
Carolina Meadows Inc
Chapel Hill, NC
$48,724,740
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
Well-Spring Ret Community
Greensboro, NC
$39,926,094
Deerfield Episcopal Retirement Comm Inc
Asheville, NC
$45,645,787
Springmoor Inc
Raleigh, NC
$40,800,832
Moravian Home Incorporated
Winstonsalem, NC
$40,790,928

Create an account to unlock the data you need.

or