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Springmoor Inc.

Springmoor Inc.

Raleigh, NC
Tax ID56-1368256

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About this organization

Revenue

$38,503,859

Expenses

$37,404,507

Mission

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.

About

To provide care to a retirement community by providing high quality, responsive, financially sound life care to its residents with convenience to health care, food services, activities, entertainment and opportunities for social enrichment in a life care retirement setting.

Interesting data from their 2019 990 filing

The filing specifies the mission of the non-profit as “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.”.

When explaining its duties, they were described as: “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.”.

  • The state in which the non-profit is authorized to operate legally is NC.
  • According to the filing, the address of the non-profit for the year 2019 is 309 TROTTERS RIDGE DRIVE, RALEIGH, NC, 27614.
  • The non-profit has reported 0 employees on their form for the year 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,099,352.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that delegates the management duties.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 7 independent voting members.
  • The organization was formed in 1983.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $3,150 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a business related family member transaction.
  • The organization has a business related organization transaction.
  • The organization's financial statements were reviewed by an accountant.

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