Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

ACTS Retirement Services Inc. is a nonprofit organization dedicated to serving older adults aged 62 and older by providing a range of retirement-life services, including independent living, assisted living, and skilled nursing care, all delivered in a Christian manner that emphasizes loving kindness. With an operating budget of $62.2 million and total revenue of $61.8 million for the filing year 2024, the organization demonstrates a strong financial foundation. More information can be found on their website at www.actsretirement.org.

Mission Statement

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.
Revenues
$61.8M
Expenses
$62.2M
Net Income:
-$397.5K
Assets
$58.9M
Liabilities
$41.3M
Net Assets:
+$17.6M
Operating Budget
$62.2M
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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G
Gerald T Grant
Board Member
K
Karen I Christiansen
Board Member
B
Brian Levesque
Board Member

Frequently Asked Questions

What is ACTS RETIREMENT SERVICES INC GRP EXEMP’s budget?
In 2024, ACTS RETIREMENT SERVICES INC GRP EXEMP reported an annual operating budget of around $62.2 million. More detailed financial information is available to registered users.
What causes does ACTS RETIREMENT SERVICES INC GRP EXEMP support?
ACTS RETIREMENT SERVICES INC GRP EXEMP supports work in Retirement housing.
Where does ACTS RETIREMENT SERVICES INC GRP EXEMP operate?
ACTS RETIREMENT SERVICES INC GRP EXEMP is headquartered in Fort Washington, PA.