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Riderwood Village Inc.

Riderwood Village Inc.

Silver Spring, MD
Tax ID52-2126753

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About this organization

Revenue

$119,424,959

Expenses

$124,709,269

Mission

Provide a home for seniors that satisfies their three primary needs.

About

Riderwood Village provides services needed by senior residents, who reside in 1,812 independent living units, 212 assisted living units, 117 skilled nursing units and 34 memory care units. The services we provide to our residents include, but are not limited to housing, food, medical, security and maintenance services, recreational and pastoral activities.

Interesting data from their 2019 990 filing

The filing sets forth the mission of the non-profit as “Our mission is to promote an active and engaged quality of life for seniors and to achieve excellence in services and programs with unmatched value for our present and future residents. we work to maintain affordability and lifelong commitment for middle income seniors while ensuring the long-term financial stability of the community.”.

When detailing its responsibilities, they were listed as: “Provide a home for seniors that satisfies their three primary needs.”.

  • The state in which the non-profit is legally permitted to operate is MD.
  • The address of the non-profit for 2019 according to the filing is 3110 GRACEFIELD ROAD, SILVER SPRING, MD, 20904.
  • The number of employees reported by the non-profit on their form as of 2019 is 1946.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$5,284,310.
  • The organization has 11 independent voting members.
  • The organization was formed in 1998.
  • The organization pays $56,203,380 in salary, compensation, and benefits to its employees.
  • The organization pays $214,216 in fundraising expenses.

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