WELL-SPRING RETIREMENT COMMUNITY INC

WELL-SPRING RETIREMENT COMMUNITY INC

Greensboro, NC, US
501(c)3
EIN
56-1497371

WELL-SPRING RETIREMENT COMMUNITY INC

Greensboro, NC, US
501(c)3
EIN
56-1497371

Overview

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Est.

1987

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

WELL-SPRING RETIREMENT COMMUNITY INC is a nonprofit organization dedicated to providing retirement living services, focusing on senior assisted living. With an operating budget of $40.4 million and total revenue of $43 million for the 2024 filing year, the organization demonstrates significant financial scale. It does not appear to rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. More information can be found on their website at www.well-spring.org.

Mission Statement

TO PROVIDE RETIREMENT LIVING SERVICES.
Revenues

$43M

Expenses

$41.4M

Net Income:
+$1.6M
Assets

$139.1M

Liabilities

$93.5M

Net Assets:
+$45.6M
Operating Budget

$40.4M

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

5

Median grant size
$13.3K
Largest grant received
$675.2K
M
Misti Ridenour
Board Member
W
Wendy Gatlin
Board Member
S
Susan Shumaker
Board Member

Frequently Asked Questions

What is WELL-SPRING RETIREMENT COMMUNITY INC’s budget?
In 2024, WELL-SPRING RETIREMENT COMMUNITY INC reported an annual operating budget of around $40.4 million. More detailed financial information is available to registered users.
What causes does WELL-SPRING RETIREMENT COMMUNITY INC support?
WELL-SPRING RETIREMENT COMMUNITY INC supports work in Senior assisted living.
Where does WELL-SPRING RETIREMENT COMMUNITY INC operate?
WELL-SPRING RETIREMENT COMMUNITY INC is headquartered in Greensboro, NC.
Who funded WELL-SPRING RETIREMENT COMMUNITY INC recently?
In 2024, WELL-SPRING RETIREMENT COMMUNITY INC received grants from Well-Spring Foundation, STANLEY & DOROTHY FRANK FAMILY FOUNDATION, and COMMUNITY FOUNDATION OF GREATER GREENSBORO INC. More information on this organization’s funders is available to registered users.
What is the largest grant WELL-SPRING RETIREMENT COMMUNITY INC received in 2024?
The largest grant to WELL-SPRING RETIREMENT COMMUNITY INC in 2024 exceeds $675 thousand.
Overview
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