Heritage Campus Group
- Assets
- $83.5m
- Revenue
- $13.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Shillington, PA
- Founding
- Data as of
- 12/2023
- EIN
- 85-3072500
Organization Overview
Heritage Campus Group is located in Shillington, PA. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Campus Group 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 12/2023, Heritage Campus Group generated $13.2m in total revenue. All expenses for the organization totaled $19.8m during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION AND OPERATION OF SENIOR LIVING COMMUNITIES: OWNED AND OPERATED ONE (1) 70-BED PERSONAL CARE HOME (INCLUDING A 20-BED MEMORY CARE UNIT) AND 197-UNITS OF INDEPENDENT LIVING AS PART OF A CONTINUING CARE RETIREMENT COMMUNITY IN SHILLINGTON, PA SERVING 303 RESIDENTS AS OF 12/31/2023, CONSISTING OF 241 IN INDEPENDENT LIVING AND 62 IN ASSISTED LIVING.THE COMMUNITY'S FINANCIAL ASSISTANCE POLICY PROVIDES GUIDELINES FOR GRANTING FINANCIAL AID TO RESIDENTS UNABLE TO MEET THEIR MONTHLY FEES DUE TO UNFORESEEN FINANCIAL HARDSHIP. ELIGIBILITY IS BASED ON ASSETS AND INCOME CRITERIA, WITH A MAXIMUM ALLOWABLE ASSET LIMIT OF $25,000 FOR SINGLE RESIDENTS AND $50,000 FOR JOINT RESIDENTS. THE POLICY REQUIRES A THOROUGH REVIEW PROCESS, INCLUDING A FINANCIAL APPLICATION AND BOARD APPROVAL. FINANCIAL ASSISTANCE IS CONTINGENT ON THE COMMUNITY'S FINANCIAL CAPACITY AND ADHERENCE TO THE POLICY'S GUIDELINES.
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) | Role | Hours | Compensation |
|---|---|---|---|
Lorna Gleason Chair | 3 | $10,000 | |
William C Haase Vice Chair | 3 | $8,000 | |
Adrienne Walker Secretary | 3 | $8,000 | |
James Nugent Treasurer | 3 | $8,000 | |
Maureen Spivack Director | 3 | $8,000 | |
Douglas W Walther Exec Dir, The Heritage Of Green Hills | 40 | $263,098 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Certus Reading Management Llc | 12/30/23 | $740,111 |
Iezzi & Sons Llc | 12/30/23 | $203,713 |
Martins Flooring Inc | 12/30/23 | $125,863 |
Anastasi Landscaping | 12/30/23 | $114,170 |
Intelycare Inc | 12/30/23 | $97,955 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $52,124 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,155,886 |
| Total Revenue | $13,213,010 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $305,098 |
| Other employee salaries and wages | $4,540,065 |
| Pension plans, employee benefits | $876,972 |
| Interest | $205,009 |
| Taxes | $638 |
| Depreciation | $1,389,501 |
| Occupancy | $5,499,190 |
| Travel, conferences, and meetings | $53,802 |
| Printing and publications | $94,806 |
| Other expenses | $5,821,209 |
| Total operating and administrative expenses | $19,757,139 |
| Contributions, gifts, grants paid | $68,352 |
| Total expenses and disbursements | $19,825,491 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,329,636 |
| Net Accounts receivable | $78,091 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $23,724 |
| Prepaid expenses and deferred charges | $615,204 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $49,639,639 |
| Other assets | $25,809,389 |
| Total assets | $83,495,683 |
| Accounts payable and accrued expenses | $1,518,501 |
| Grants payable | $0 |
| Deferred revenue | $8,039,824 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $54,283,616 |
| Other liabilities | $29,236,707 |
| Total liabilities | $93,078,648 |
Grants Awarded
Over the last fiscal year, Heritage Campus Group has awarded $68,352 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HERITAGE BENEFIT FUND PURPOSE: OPERATING SUPPORT | $1,827 |
HERITAGE RESIDENTS RECEIVING APPROV PURPOSE: CHARITY CARE | $66,525 |