Overview

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Est.

1983

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

SPRINGMOOR INC is a nationally accredited full-service life care retirement community focused on senior assisted living, emphasizing independent living, dignity, security, and peace of mind. With an operating budget of $44.7 million and total revenue of $44.9 million for the 2024 filing year, SPRINGMOOR provides a range of residences, services, amenities, and comprehensive health care to meet the current and future needs of its residents. The organization fosters a vibrant community where seniors can engage with neighbors who share common interests while ensuring personal safety and financial security. For more information, visit www.springmoor.org.

Mission Statement

SPRINGMOOR IS A NATIONALLY ACCREDITED FULL SERVICE LIFE CARE RETIREMENT COMMUNITY DESIGNED TO EMPHASIZE INDEPENDENT LIVING, DIGNITY, SECURITY, AND PEACE OF MIND. IT OFFERS A WIDE RANGE OF RESIDENCES, SERVICES, AMENITIES AND COMPREHENSIVE HEALTH CARE. SPRINGMOOR IS DESIGNED TO PROVIDE ACTIVE, INDEPENDENT RETIREMENT LIVING WHILE PROVIDING FOR EXISTING AND FUTURE HEALTH AND PERSONAL CARE NEEDS. SPRINGMOOR'S HEALTH CARE PROGRAM GIVES EACH RESIDENT A STRONG SENSE OF SECURITY, LIFE WITH DIGNITY, LIFETIME CARE, PERSONAL SAFETY AND FINANCIAL SECURITY, AS WELL AS INTERACTION AND COMPANIONSHIP WITH MANY FINE NEIGHBORS WHO HAVE COMMON INTERESTS.
Revenues
$44.9M
Expenses
$45.2M
Net Income:
-$234.5K
Assets
$111.8M
Liabilities
$137.1M
Net Assets:
-$25.3M
Operating Budget
$44.7M
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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E
Ernest Carraway
Board Member
C
Charles B Ballard
Board Member
W
William Baxley
Board Member

Frequently Asked Questions

What is SPRINGMOOR INC’s budget?
In 2024, SPRINGMOOR INC reported an annual operating budget of around $44.7 million. More detailed financial information is available to registered users.
What causes does SPRINGMOOR INC support?
SPRINGMOOR INC supports work in Senior assisted living.
Where does SPRINGMOOR INC operate?
SPRINGMOOR INC is headquartered in Raleigh, NC.