Acts Retirement-life Communities Inc is a 501(c)(3) organization based in Ft Washington, Pennsylvania, registered in 1972, with $619,296,438 in FY2024 revenue. CharityIndex grades it B, and it directs about 85% of spending to programs.
Revenue (FY2024)
$619.3M
▲ 7.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$609.6M
Net assets
$141.4M
Employees
8,245
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Acts Retirement-life Communities Inc: 85% to programs · $1 to raise $100 earns a C+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Acts Retirement-life Communities Inc: 3 mo reserves · +2% margin earns a B on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Acts Retirement-life Communities Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Acts Retirement-life Communities Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Acts' 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.
Revenue grew from $294.4M (FY2013) to $619.3M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.1B
Total liabilities
$2.0B
Net assets
$141.4M
Salaries & benefits
$272.5M
45% of expenses
Board members
16
14 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $619,296,438▲7.3% | $609,641,314▲7.9% | $141,354,730▲12.1% | $2,141,298,267▲2.9% | 990 |
| 2023 | $577,247,326▲18.7% | $565,144,480▲14.3% | $126,122,402▲19.0% | $2,080,445,740▲6.7% | 990 |
| 2022 | $486,125,080▲4.4% | $494,494,051▲6.9% | $106,026,226▼23.4% | $1,949,918,556▲8.7% | 990 |
| 2021 | $465,695,033▼0.9% | $462,463,563▲0.5% | $138,404,357▼0.1% | $1,794,608,174▲2.2% | 990 |
| 2020 | $470,035,236▲5.3% | $460,132,363▲5.7% | $138,535,549▲15.3% | $1,756,818,776▲5.8% | 990 |
| 2019 | $446,249,117▲5.7% | $435,505,208▲6.5% | $120,127,719▲32.1% | $1,660,938,549▲3.8% | 990 |
| 2018 | $422,023,359▲13.0% | $408,904,163▲10.9% | $90,967,739▲61.4% | $1,600,237,755▲22.0% | 990 |
| 2016 | $373,562,239▲3.0% | $368,769,515▲2.9% | $56,356,691▼13.4% | $1,311,984,117▲11.5% | 990 |
| 2015 | $362,753,272▲10.6% | $358,292,465▲9.0% | $65,104,105▼0.8% | $1,177,166,504▲4.4% | 990 |
| 2014 | $327,914,805▲11.4% | $328,750,256▲12.7% | $65,606,886▲78.1% | $1,127,326,053▲19.7% | 990 |
| 2013 | $294,426,856 | $291,638,533▲8.0% | $36,839,004▲1.7% | $941,960,784▼0.7% | 990 |
| 2012 | — | $270,030,836▲3.5% | $36,211,026▼6.2% | $948,885,969▲24.9% | 990 |
| 2011 | — | $260,832,696▲0.2% | $38,624,304▲10.9% | $759,615,595▼1.7% | 990 |
| 2010 | — | $260,365,184 | $34,828,338 | $772,577,268 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brian Levesque | Executive Director | 40 | — |
| Brian Rounsavill | Vp, Procurement & Contract Mgmt | 30 | — |
| Brian Rutter | Svp, Chief Comm. & Brand Officer | 30 | — |
| Catherine Leclerc | Executive Director | 40 | — |
| Christopher J Hartman | Vp, It Operations | 30 | — |
| Craig Thompson | Svp, Chief Property & Sustainability Officer | 30 | — |
| Daniel R Middlebrooks | Director | 1 | — |
| Daniel W Lawson II | Director | 0.5 | — |
| David Vega | Vp, Operational Analysis & Comp | 30 | — |
| Deirdre Groenen | Svp, Chief Human Resources Officer | 30 | — |
| Elric C Gerner | Director & Secretary | 1.7 | — |
| George R Bryan | Vp of Operations, Southeast | 30 | — |
| Gerald T Grant | Ceo & Director | 32 | — |
| Glenn D Fox | Exec Vp, General Counsel, Asst. Sec'y | 28 | — |
| H Bruce Detweiler | Director | 0.8 | — |
| Holly S Schade | Svp, Chief Clinical Officer | 20 | — |
| James H Petty | Evp, Chief Strategy Officer | 30 | — |
| James T Glynn | Director | 1 | — |
| Jason J Greer | Director | 1 | — |
| Jefferson Kaighn | Exec Vp, Cao (thru 11/24) | 30 | — |
| Contractor | Services | Paid |
|---|---|---|
| Edifice Inc | Contractors | $14,030,416 |
| Complete Property Development of South F | General Constractor | $9,842,107 |
| Laniervan Sickle | Architect Services | $8,213,703 |
| Master Kraft Inc | Contractors | $5,917,345 |
| Jerry Marsan Construction Inc | General Contractor | $5,784,621 |
16 grants to Acts Retirement-life Communities Inc totaling $6.7M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $6,300 |
| New Jersey Innovation Institute Inc | Substance use disorder program | 2022 | $17,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $7,465 |
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $25,980 |
| Thrivent Charitable Impact & Investing | Samaritans fund | 2020 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $10,000 |
| Donor Advised Charitable Giving | Human services | 2019 | $8,000 |
| Thrivent Charitable Impact & Investing | Samaritans fund | 2019 | $5,000 |
| Donor Advised Charitable Giving | Human services | 2018 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2017 | $35,250 |
| Donor Advised Charitable Giving | Health & human services | 2016 | $140,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $5,250 |
| Morgan Stanley Global Impact Funding Trust Inc | General support | 2016 | $250 |
| Acts Retirement Services Inc | Release of contributions received for supported organizations | 2015 | $3,626,436 |
| Acts Retirement Services Inc | Release of contributions received for supported organizations | 2014 | $2,756,209 |
2 grants totaling $14K in FY2024. All grants made by Acts Retirement-life Communities Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Leadingage New Jersey Inc | Sponsor the annual golf classic | $7,500 |
| Dorothy Day Soup Kitchen | To assist the soup kitchen's mission of feeding the hungry | $6,568 |
Explore more
Data for Acts Retirement-life Communities Inc (EIN 23-1900132) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.