Acts Retirement Services Inc

Organization Overview

Acts Retirement Services Inc is located in Fort Washington, PA. The organization was established in 2009. 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, Acts Retirement Services Inc employed 897 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Acts Retirement Services Inc 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, Acts Retirement Services Inc generated $62.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $60.9m during the year ending 12/2021. While expenses have increased by 6.4% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

ACTS RETIREMENT SERVICES' PURPOSE IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTS SIGNATURE COMMUNITY SERVICES, INC. (ASCS) PROVIDES SERVICES, SUCH AS HOSPICE, HOME HEALTH, AND PRIMARY CARE SERVICES, TO RESIDENTS LIVING IN CONTINUING CARE RETIREMENT COMMUNITIES THAT ARE RUN BY ACTS RETIREMENT-LIFE COMMUNITIES, INC. AND TO OTHER INDIVIDUALS WITHIN THE SURROUNDING COMMUNITY AND CONDUCTS OTHER ACTIVITIES AND STUDIES THAT AFFECT SENIORS.ACTS MANAGEMENT SERVICES, INC. (AMS) PROVIDES CENTRALIZED MANAGEMENT AND DEVELOPMENT SERVICES FOR ALL OF THE ACTS ENTITIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Accenture Llp
It Consulting
$414,620
Holz & Henry Inc
General Contractor
$126,175
Brit Charlotte Park Ii Llc
Real Estate Sales/leasing
$120,401
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $46,145
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$46,145
Total Program Service Revenue$61,440,183
Investment income $63,790
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $188,544
Net Gain/Loss on Asset Sales $253,607
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $61,999,737

Grants Awarded

Over the last fiscal year, Acts Retirement Services Inc has awarded $3,643,764 in support to 3 organizations.

Grant RecipientAmount

ACTS RETIREMENT-LIFE COMMUNITIES INC

Org PageRecipient Profile

Fort Washington, PA

PURPOSE: RELEASE OF CONTRIBUTIONS RECEIVED FOR SUPPORTED ORGANIZATIONS

$3,626,436

PARK POINTE VILLAGE INC

Org PageRecipient Profile

West Point, PA

PURPOSE: RELEASE OF CONTRIBUTIONS RECEIVED FOR SUPPORTED ORGANIZATIONS

$9,828

Rochester, NY

PURPOSE: SPONSORSHIP FOR 2015 CONFERENCE

$7,500
View Grant Profile

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