AI Summary
Longwood at Oakmont Inc is a nonprofit organization operating a continuing care retirement community in Pennsylvania, dedicated to providing residential living accommodations and services for individuals aged 62 and older. With an operating budget of $34.4 million and total revenue of $34.9 million, the organization offers a range of living options and healthcare services under an accredited LifeCare model, while also providing $21 million in benevolent and uncompensated care across its regional network. Notably, a significant portion of its revenue, $16.5 million, comes from an unidentified source, indicating potential reliance on a single funder for over 50% of its income.
Mission Statement
Longwood at Oakmont is a continuing care retirement community recognized by the Pennsylvania Department of Insurance to provide residential living accommodations and services to individuals 62 years or older. Longwood is located on a beautiful 60-acre site, and consists of 341 residential homes ranging from studio apartments to three-bedroom Country Homes. Longwood offers casual sophisticated living with quality amenities and an accredited LifeCare model that provides priority access for future healthcare services if needed, including personal care, skilled nursing, dementia care, and rehabilitation. Longwood at Oakmont was developed, and is operated, by Presbyterian SeniorCare a not-for-profit, charitable organization. In the curren year, and across its regional network, it provided a combined total of $21 million in benevolent (charitable) and uncompensated care.
Cause Areas
1
Senior assisted living
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
Presbyterian Seniorcare Foundation
$16.5M
17%
Frequently Asked Questions
What is Longwood at Oakmont Inc’s budget?
In 2024, Longwood at Oakmont Inc reported an annual operating budget of around $34.4 million. More detailed financial information is available to registered users.
What causes does Longwood at Oakmont Inc support?
Longwood at Oakmont Inc supports work in Senior assisted living.
Where does Longwood at Oakmont Inc operate?
Longwood at Oakmont Inc is headquartered in Verona, PA.
Who funded Longwood at Oakmont Inc recently?
In 2024, Longwood at Oakmont Inc received grants from Presbyterian Seniorcare Foundation, Presbyterian Seniorcare Foundation, and Presbyterian Seniorcare Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Longwood at Oakmont Inc received in 2024?
The largest grant to Longwood at Oakmont Inc in 2024 exceeds $936 thousand.