Galloway Ridge Inc

Organization Overview

Galloway Ridge Inc, operating under the name Galloway Ridge, is located in Pittsboro, NC. The organization was established in 2005. 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, Galloway Ridge employed 337 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galloway Ridge 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, Galloway Ridge generated $36.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $29.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Galloway Ridge has awarded 70 individual grants totaling $556,050. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

OPERATION OF CONTINUING CARE RETIREMENT COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

GALLOWAY RIDGE, INC. PROVIDED HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RESIDENT FACILITY CONTAINING 301 INDEPENDENT LIVING UNITS, 22 ASSISTED LIVING UNITS, 14 MULTI-UNIT ASSISTED HOUSING UNITS, 20 MEMORY CARE UNITS, AND 40 SKILLED NURSING UNITS. GALLOWAY RIDGE WELCOME ITS FIRST RESIDENT IN 2005 WITH A MISSION OF PROVIDING ITS RESIDENTS SUPERIOR SERVICES AT A REASONABLE COST AND STRIVING TO PROVIDE A COMPLEMENT OF SERVICES TO SUPPORT THE RESIDENT'S HEALTH, SOCIAL, SPIRITUAL AND RECREATIONAL NEEDS.


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

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Weaver Cooke Construction Llc
Construction Services
$1,358,578
Select Rehabiliation Llc
Medical Services
$765,225
Unc School Of Medicine Dept Of Med
Medical Services
$349,158
Greenscape Inc
Landscaping Services
$279,248
Riithink Llc
Marketing Services
$185,282
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$90,825
Related organizations$0
Government grants $166,042
All other contributions, gifts, grants, and similar amounts not included above$1,889,483
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,146,350
Total Program Service Revenue$32,172,508
Investment income $1,759,645
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $71,800
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$119
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,150,184

Grants Awarded

Over the last fiscal year, Galloway Ridge Inc has awarded $58,450 in support to 7 organizations.

Grant RecipientAmount

BOYS & GIRLS CLUB OF CENTRAL CAROLINA INC

Org PageRecipient Profile

Sanford, NC

PURPOSE: SUPPORT CHILD AND YOUTH PROGRAMS

$10,500

WEST CHATHAM CARING COMMUNITIES

Org PageRecipient Profile

Siler City, NC

PURPOSE: FOOD PURCHASES

$10,350

CHATHAM CARES COMMUNITY PHARMACY

Org PageRecipient Profile

Siler City, NC

PURPOSE: RENT & UTILITIES FOR CLINIC TO PROVIDE FREE MEDICATION

$8,100

Durham, NC

PURPOSE: SALARY FOR STAFF PILOTING A WALK-IN-CLINIC MODEL

$8,000

CHATHAM COUNTY COUNCIL ON AGING

Org PageRecipient Profile

Pittsboro, NC

PURPOSE: PROVIDE RESPITE FOR CAREGIVERS; MEALS & IN-HOME AID FOR SENIORS

$8,000

CHATHAM OUTREACH ALLIANCE

Org PageRecipient Profile

Pittsboro, NC

PURPOSE: FOOD PURCHASES

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Galloway Ridge Inc has recieved totaling $8,116.

Awarding OrganizationAmount
Lilly Endowment Inc

Indianapolis, IN

PURPOSE: EMPLOYEE MATCHING GIFT(S)

$8,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$116
View Grant Recipient Profile

Create an account to unlock the data you need.

or