Alzheimers Care And Research Center Foundation

Organization Overview

Alzheimers Care And Research Center Foundation is located in San Antonio, TX. The organization was established in 1994. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Alzheimers Care And Research Center Foundation employed 181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alzheimers Care And Research Center Foundation 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 06/2022, Alzheimers Care And Research Center Foundation generated $6.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 3.3% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION IS DEDICATED TO QUALITY RETIREMENT LIVING WITH EMPHASIS ON INDIVIDUAL WELL-BEING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AIR FORCE VILLAGES, INC, (DBA BLUE SKIES OF TEXAS (BST)) AND AFFILIATES IS A TEXAS NOT-FOR-PROFIT, CONTINUING-CARE RETIREMENT COMMUNITY (CCRC) PROVIDING SERVICES AND CARE FOR SENIORS THROUGHOUT THE FULL CONTINUUM INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, DEMENTIA CARE, NURSING, AND HOSPICE. THE ALZHEIMER'S CARE AND RESEARCH CENTER IS ORGANIZED TO SUPPORT AND PROMOTE RESEARCH INTO THE CAUSE OF ALZHEIMER'S DISEASE AND PROVIDES HOUSING, CARE, AND SERVICES FOR ELDERLY PERSONS WITH THE DISEASE IN FREEDOM HOUSE, A 72 UNIT MEMORY CARE FACILITY. ACRC ALSO OPERATES A HOSPICE AGENCY THAT PROVIDES SERVICES TO BST EAST, BST WEST, HSC, AND FREEDOM HOUSE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$695,490
Government grants $58,232
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$753,722
Total Program Service Revenue$5,438,964
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $23,673
Miscellaneous Revenue$0
Total Revenue $6,216,359

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