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Greencroft Retirement Communities Inc.

Greencroft Retirement Communities Inc.

Goshen, IN 46527
Tax ID30-0036587

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About this organization

Revenue

$5,127,135

Expenses

$5,417,312

Mission

Greencroft Retirement Communities' mission is to provide management & support services to related not-for-profit organizations that provide affordable housing, quality care, and charity care for older adults.

About

Greencroft Retirement Communities, Inc. (GRC) is the sponsor of thirteen not-for-profit continuing care retirement communities (CCRC) and HUD facilities. GRC provides them with support and services, and gives 2,300 elderly residents of all economic levels an environment that embraces their creativity and contributions, as well as the challenges of aging. At least 35 percent of residents have income below the federal poverty line. Residents who do not misuse their assets are eligible for support from the Greencroft Communities Foundation (another related organization) if their assets run out. For the organization, as a whole, over 20% of total revenues were used to provide community benefits, which includes indigent/charity care and Medicare write-offs.

Interesting data from their 2020 990 filing

According to the filing, the non-profit's mission is “Greencroft communities creates dynamic living communities that embrace the creativity, contributions and challenges of aging for all, grounded in service excellence, compassionate care and mennonite values.”.

When referring to its actions, they were described as: “Greencroft retirement communities' mission is to provide management & support services to related not-for-profit organizations that provide affordable housing, quality care, and charity care for older adults.”.

  • According to the law, the state of operation reported by the non-profit is IN.
  • As per the filing, the address of the non-profit for 2020 is 1721 GREENCROFT BLVD, GOSHEN, IN, 46526.
  • According to their form, the non-profit as of 2020 has a total of 46 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$290,177.
  • The organization has 9 independent voting members.
  • The organization was formed in 2002.
  • The organization pays $3,948,830 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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