Riverwoods Durham

Organization Overview

Riverwoods Durham is located in Durham, NH. The organization was established in 2017. 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 06/2022, Riverwoods Durham employed 306 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverwoods Durham is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ESTABLISH, OWN, AND MAINTAIN A CHARITABLE CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

CCRC: THE CAMPUS CONSISTS OF 150 INDEPENDENT LIVING APARTMENTS, 24 ASSISTED LIVING SUITES, 36 MEMORY SUPPORT UNITS, AND 12 ENHANCED ASSISTED LIVING (NURSING) UNITS IN AN APPROXIMATELY 310,000 SQUARE FOOT BUILDING ON APPROXIMATELY 11 ACRES OF LAND IN DURHAM, NEW HAMPSHIRE. OVER THE COURSE OF THE YEAR THE HEALTH CARE CENTER SERVED APPROXIMATELY 75 RESIDENTS ON A PERMANENT, TEMPORARY, OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO THE CARE PROVIDED FOR LIFECARE RESIDENTS WAS IN EXCESS OF $1,938,258 FOR THE FISCAL YEAR ENDED JUNE 30, 2022 (FY22). CONTINUED ON SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Riverwoods Group
Management And It Services
$1,684,668
Greystone Development Company Ii Llc
Construction Management Services
$596,415
Severino Trucking Co Inc
Contractor Services
$252,240
Brown & Company
Advertising Services
$146,773
Site Structures Landscape Inc
Landscape Services
$103,573
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$225,196
Noncash contributions included in lines 1a–1f $70,403
Total Revenue from Contributions, Gifts, Grants & Similar$225,196
Total Program Service Revenue$16,740,067
Investment income $425,197
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $11,839
Net Gain/Loss on Asset Sales $341,966
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,724,252

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Riverwoods Durham has recieved totaling $66.

Awarding OrganizationAmount
Aetna Foundation Inc

Hartford, CT

PURPOSE: GENERAL PURPOSE

$66
View Grant Recipient Profile

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