Acts Retirement Services Inc is a 501(c)(3) organization based in Ft Washington, Pennsylvania, registered in 2009, with $61,757,809 in FY2024 revenue. CharityIndex grades it A, and it directs about 77% of spending to programs.
Revenue (FY2024)
$61.8M
▼ 18.1% vs prior year
Expenses (FY2024)
$62.2M
Net assets
$17.6M
Employees
380
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 Services Inc: 77% to programs earns a B+ 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 Services Inc: 3 mo reserves · -1% margin earns a A 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 Services 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 Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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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.
Revenue grew from $35.9M (FY2013) to $61.8M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-0.6%
Spent more than it raised in the latest fiscal year.
Total assets
$58.9M
Total liabilities
$41.3M
Net assets
$17.6M
Salaries & benefits
$55.2M
89% of expenses
Board members
5
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,757,809▼18.1% | $62,155,306▼21.8% | $17,610,994▲97.2% | $58,880,792▲12.1% | 990 |
| 2023 | $75,385,115▲8.4% | $79,437,193▲11.6% | $8,929,747▼29.2% | $52,533,325▼0.7% | 990 |
| 2022 | $69,569,642▲12.2% | $71,182,375▲16.8% | $12,618,537▼0.7% | $52,920,011▼1.6% | 990 |
| 2021 | $61,999,737▲1.2% | $60,941,399▼7.1% | $12,706,701▼0.8% | $53,774,543▲8.6% | 990 |
| 2020 | $61,250,791▲4.6% | $65,623,460▲19.4% | $12,810,882▼24.6% | $49,524,836▲0.7% | 990 |
| 2019 | $58,530,055▲17.5% | $54,948,359▲10.4% | $16,996,372▲29.8% | $49,175,597▲67.3% | 990 |
| 2018 | $49,796,694▲29.5% | $49,753,461▲40.6% | $13,091,273▲18.3% | $29,395,702▲11.7% | 990 |
| 2016 | $38,447,799▼5.9% | $35,383,616▼10.5% | $11,068,785▼23.9% | $26,322,754▼16.1% | 990 |
| 2015 | $40,858,410▲4.2% | $39,518,945▲19.1% | $14,538,338▲5.5% | $31,369,714▼3.8% | 990 |
| 2014 | $39,193,888▲9.1% | $33,192,565▼7.0% | $13,776,873▲79.0% | $32,605,486▲44.5% | 990 |
| 2013 | $35,923,911 | $35,707,926▲7.4% | $7,696,245▼0.2% | $22,569,470 | 990 |
| 2012 | — | $33,262,565 | $7,708,743 | $22,578,714 | 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.
Highest-paid: Jefferson Kaighn — $2,703,748 (4.35% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jefferson Kaighn | Exec Vp, Cao (thru 11/24) | 15 | $2,703,748 |
| Gerald T Grant | Ceo & Director | 10 | $873,088 |
| Karen I Christiansen | President, Assistant Sec'y, Director | 10 | $637,993 |
| Glenn D Fox | Exec Vp, General Counsel, Secretary | 10 | $499,910 |
| Jonathan D Grant | Exec Vp, Coo | 15 | $458,040 |
| Kent Mcrae | Executive Director (thru 10/31/24) | 5 | $407,792 |
| James H Petty | Evp, Chief Strategy Officer | 15 | $405,125 |
| Holly S Schade | Svp, Chief Clinical Officer | 25 | $396,372 |
| Paul M Reinbold | Vp, Chief Medical Director | 15 | $395,169 |
| Lori M Woodward | Svp, Chief Marketing Officer | 20 | $393,190 |
| Craig Thompson | Svp, Chief Property & Sustainability Officer | 15 | $391,130 |
| Jeremy O Neely | Svp, Community Operations Officer | 15 | $386,209 |
| Susan Ahern | Svp, Cfo, Treasurer | 12 | $367,783 |
| Peter J Kress | Svp, Cio | 15 | $363,990 |
| Deirdre Groenen | Svp, Chief Human Resources Officer | 15 | $346,849 |
| Brian Rutter | Svp, Chief Comm. & Brand Officer | 15 | $334,889 |
| Teruko A White | Vp of Operations, Northeast | 15 | $333,306 |
| Stephen V Eggles | Vp of Operations, Mid-south | 15 | $329,618 |
| Megan Longley | Vp Sales | 15 | $324,283 |
| George R Bryan | Vp of Operations, Southeast | 15 | $314,983 |
| Contractor | Services | Paid |
|---|---|---|
| Willow Valley Associates Inc | Property Management | $437,508 |
1 grant totaling $150K in FY2022. All grants made by Acts Retirement Services Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Willow Valley Communities | Memory care center | $150,000 |
Explore more
Data for Acts Retirement Services Inc (EIN 90-0626767) 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.