EIN 56-1152263

Arbor Acres

IRS 501(c) type
501(c)(3)
Num. employees
588
Year formed
1975
Most recent tax filings
2023-12-01
Description
Arbor Acres is a full-service Continuing Care Retirement Community (CCRC) and is the only accredited CCRC in Winston Salem.
Also known as...
Arbor Acres United Methodist Retirement Community
Total revenues
$51,036,034
2023
Total expenses
$47,724,267
2023
Total assets
$204,571,385
2023
Num. employees
588
2023

Program areas at Arbor Acres

ARBOR ACRES, A CONTINUING CARE RETIREMENT COMMUNITY (CCRC), PROVIDING A RESIDENTIAL APARTMENT HOMES CONTAINING 178 UNITS (STUDIO, EFFICIENCY AND CONNECTING ROOM SUITES; ONE AND TWO BEDROOM APARTMENTS); 6 ONE-BEDROOM AND 6 TWO-BEDROOM COURTYARD HOMES; 11 TWO-BEDROOM PATIO HOMES AND 110 HOUSES. IN ADDITION TO THE INDEPENDENT LIVING FACILITIES, ARBOR ACRES ALSO HAS 95 ADULT CARE HOME BEDS AND 83 NURSING CARE BEDS (LOCATED IN THE FITZGERALD HEALTH CENTER). AS OF DECEMBER 31, 2023, ARBOR ACRES SERVED 560 RESIDENTS IN THE ABOVE UNITS. ARBOR ACRES HOLDS MEMBERSHIPS WITH LEADING AGE AND LEADING AGE NC. THE FACILITY IS ACCREDITED THROUGH THE CONTINUING CARE ACCREDITATION COMMISSION. AN IMPORTANT COMPONENT OF FULFILLING ARBOR ACRES' MISSION IS THE PROVISION OF FINANCIAL ASSISTANCE SUPPORT TO ENABLE RESIDENTS TO RESIDE AT ARBOR ACRES WHO WOULD OTHERWISE BE UNABLE TO AFFORD TO DO SO. FOR THE YEAR ENDING DECEMBER 31, 2023, $1,980,543 OF FINANCIAL ASSISTANCE WAS PROVIDED TO RESIDENTS TO HELP THEM MAINTAIN RESIDENCY AT THE FACILITY. DURING 2023 THE FOLLOWING SPECIFIC ACCOMPLISHMENTS ENHANCED THE ABILITY TO SERVE RESIDENTS: 1. Maintain Occupancy Exceeding 90% in Assisted Living, Memory Care, and Skilled Nursing levels of available licensed care and exceeded 95% occupancy of independent living units. 2. Sponsored and facilitated participation of resident efforts in community service projects to include Habitat for Humanity, Salvation Army, Germanton Elementary School, The Sheperd's Center, and Trellis Supportive Care Etc. In addition, Arbor Acres made a monetary donation to The Winston-Salem Foundation.

Grants made by Arbor Acres

GranteeGrant descriptionAmount
The Winston-Salem FoundationOperational Support$180,000

Who funds Arbor Acres

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Winston-Salem Foundation94 Grant(s) for Varying Purposes$341,097
Lettie Pate Whitehead FoundationFor the Care of Aged Women.$330,000
TW Dixson Foundation Triad Methodist HomeGeneral Operating$57,000
...and 10 more grants received

Personnel at Arbor Acres

NameTitleCompensation
Andrew ApplegateChief Executive Officer$334,095
Kenneth BoylesChief Operating Officer / Chief Financial Officer$161,405
David W MatthewsVice President and Chief Financial Officer$207,578
Kathy GwynVice President Health Services$189,279
Lynn RossDirector of Marketing$144,746
...and 18 more key personnel

Financials for Arbor Acres

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,290,402
Program services$46,390,747
Investment income and dividends$1,670,946
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,520,168
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$7
Miscellaneous revenues$163,764
Total revenues$51,036,034

Form 990s for Arbor Acres

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-17990View PDF
2022-122023-08-31990View PDF
2021-122022-08-29990View PDF
2020-122021-08-27990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s

Organizations like Arbor Acres

OrganizationLocationRevenue
Maine Life Care Retirement CommunityScarborough, ME$24,416,383
Twin LakesCincinnati, OH$35,525,193
Fox Run Orchard ParkOrchard Park, NY$22,551,973
Springpoint Senior LivingWall, NJ$212,941,224
St. Joseph of Pines (SJP)Southern Pines, NC$34,016,666
Episcopal Retirement Services (ERS)Cincinnati, OH$37,204,804
St Paul's Episcopal HomeSan Diego, CA$41,890,893
Graceworks Lutheran ServicesDayton, OH$63,219,996
Brethren Hillcrest HomesLa Verne, CA$30,443,889
Medford LeasMedford, NJ$35,382,227
Data update history
October 23, 2024
Used new vendors
Identified 2 new vendors, including , and
July 9, 2024
Received grants
Identified 1 new grant, including a grant for $57,000 from TW Dixson Foundation Triad Methodist Home
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $10,000 from Hayworth Foundation
February 3, 2024
Received grants
Identified 6 new grant, including a grant for $341,097 from The Winston-Salem Foundation
November 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesCharities
Issues
Human servicesHousing
Characteristics
Political advocacyLobbyingEndowed supportTax deductible donationsAccepts online donations
General information
Address
1240 Arbor Rd
Winstonsalem, NC 27104
Metro area
Winston-Salem, NC
County
Forsyth County, NC
Website URL
arboracres.org/ 
Phone
(866) 658-2724
Facebook page
ArborAcres 
Twitter profile
@arboracres 
IRS details
EIN
56-1152263
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Independent
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