Redstone Village

Organization Overview

Redstone Village is located in Huntsville, AL. The organization was established in 2001. 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 12/2022, Redstone Village employed 413 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Redstone Village 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, Redstone Village generated $20.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $32.3m during the year ending 12/2022. While expenses have increased by 6.5% 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

OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY TO PROVIDE HOUSING AND SERVICES TO THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES HOUSING, HEALTHCARE AND RELATED SERVICES TO SENIOR ADULTS THROUGH THE OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY IN HUNTSVILLE, ALABAMA. THE COMMUNITY CONSISTS OF 127 INDEPENDENT LIVING APARTMENT UNITS, 21 INDEPENDENT LIVING PATIO HOMES, 60 COMBINED ASSISTED LIVING AND CATERED LIVING APARTMENT UNITS, A 48-BED MEMORY SUPPORT ASSISTED LIVING CENTER, AND A 56-BED SKILLED NURSING CENTER. REDSTONE VILLAGE PROVIDES VARIOUS SERVICES TO ITS RESIDENTS, SUCH AS, FOOD PREPARATION AND SERVICE, ACTIVITIES, HOUSEKEEPING, MAINTENANCE AND TRANSPORTATION SERVICES TO CONTRIBUTE TO THE RESIDENTS' HEALTH, SECURITY, HAPPINESS AND PHYSICAL WELL-BEING, WHICH IS THE ORGANIZATION'S EXEMPT PURPOSE.


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
Functional Pathways Of Tennessee Llc
Therapy Services
$652,092
Greenbrier Senior Living Llc
Management Services
$600,380
Inspire Senior Marketing Solutions
Marketing Services
$462,332
Haley's Flooring & Interiors Inc
Construction Services
$368,376
Hayes Painting & Pressure Washing
Painting Services
$267,205
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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$20,277,872
Investment income $110,725
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $34,111
Net Gain/Loss on Asset Sales -$57,527
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,365,181

Peer Organizations

Organization NameAssets
St James Residence Of The Palm Beaches Inc
West Palm Beach, FL
$38,104,096
Orlando Lutheran Towers Inc
Orlando, FL
$35,637,105
Redstone Village
Huntsville, AL
$20,365,181
Bonita Springs Retirement Village Inc
Gainesville, FL
$21,147,486
Concordia Of Florida Inc
Tampa, FL
$24,119,652
Federation Gulfstream Housing Inc
Boca Raton, FL
$28,667,255
Clairmont Crest Inc
Decatur, GA
$10,123,663
Luke Inc
Collierville, TN
$9,477,450
Convivial Life Inc
Venice, FL
$13,832,666
Raymore Senior Care Llc
Brookhaven, GA
$22,580,377
Lavender Mountain Senior Living Inc
Mount Berry, GA
$13,675,434
Indianapolis Senior Care Llc
Brookhaven, GA
$19,251,628
Quality Senior Housing Foundaton Inc
Atlanta, GA
$18,047,073
Westminster Pines Inc
Orlando, FL
$18,070,402
St Andrews Residence Of The Diocese Of Southeast Florida Inc
West Palm Beach, FL
$24,065,641
Tampa Life Plan Village Inc
Tampa, FL
$4,690,301
Skidaway Health And Living Services Inc
Savannah, GA
$19,260,880
Palm Shores Retirement Community Inc
Orlando, FL
$16,542,184
Presbyterian Retirement Homes Of Birmingham Inc
Birmingham, AL
$15,676,626
St George Village-Catholic Community Retirement Center
Roswell, GA
$14,764,982
Wesley Homes Inc
Atlanta, GA
$14,208,058
Jewish Home Life Communities Inc
Atlanta, GA
$15,022,015
Senior Living Foundation Inc Perimeter 400 Center
Dunwoody, GA
$9,888,248
Abes Garden
Nashville, TN
$19,031,026
Moorings Park Institute Incorporated
Naples, FL
$11,312,995

Create an account to unlock the data you need.

or