NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC

NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC

Glen Allen, VA, US
501(c)3
EIN
52-1368408

NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC

Glen Allen, VA, US
501(c)3
EIN
52-1368408

Overview

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Est.

1969

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Newport News Baptist Retirement Community Inc is a nonprofit organization dedicated to providing "dignity in living" for senior adults in its planned services community, particularly for those who may struggle to afford their care. With an operating budget of $31.5 million and total revenue of $31.2 million for the 2024 filing year, the organization relies on a diverse range of funding sources, with no single funder contributing 50% or more of its revenue. More information can be found on their website at www.lifespireliving.org.

Mission Statement

TO PROVIDE "DIGNITY IN LIVING" FOR SENIOR ADULTS WHO RESIDE IN THIS PLANNED SERVICES COMMUNITY, SOME OF WHOM CANNOT AFFORD TO PAY THE FULL COST OF THEIR CARE.
Revenues

$31.2M

Expenses

$31.7M

Net Income:
-$480.2K
Assets

$43.4M

Liabilities

$117.6M

Net Assets:
-$74.1M
Operating Budget

$31.5M

Operating Budget by Year

Due Diligence

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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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Total No. of Grants

1

Median grant size
$271K
Largest grant received
$271K
D
David Loop
Board Member
M
MR John Poma
Board Member
M
MR John Jung
Board Member

Frequently Asked Questions

What is NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC’s budget?
In 2024, NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC reported an annual operating budget of around $31.5 million. More detailed financial information is available to registered users.
What causes does NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC support?
NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC supports work in Senior assisted living.
Where does NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC operate?
NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC is headquartered in Glen Allen, VA.
Who funded NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC recently?
In 2024, NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC received grants from VIRGINIA BAPTIST HOMES FOUNDATION INC, VIRGINIA BAPTIST HOMES FOUNDATION INC, and VIRGINIA BAPTIST HOMES FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC received in 2024?
The largest grant to NEWPORT NEWS BAPTIST RETIREMENT COMMUNITY INC in 2024 exceeds $271 thousand.
Overview
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