EIN 23-2021541

Pennswood Village (PV)

IRS 501(c) type
501(c)(3)
Num. employees
490
Year formed
1976
Most recent tax filings
2023-03-01
Description
Pennswood Village, a caring community guided by Quaker principles and traditions, leading the way in the provision of residential and healthcare services to those age 65 and older.
Also known as...
Michael Griffin
Total revenues
$35,887,423
2023
Total expenses
$34,822,926
2023
Total assets
$131,543,217
2023
Num. employees
490
2023

Program areas at PV

Pennswood Village began operations in june 1980 with the purpose of providing a continuum of residential, health care, wellness, social, and community-based services and programs for those persons age 65 and older. Pennswood Village offers accommodations of 301 residential living apartments of varying sizes, 37 personal care apartments with 41 licenses and 53 medicare skilled nursing beds that meet the physical, social, and spiritual needs of residents requiring these higher levels of care.resident centered care is paramount to Pennswood Village's mission. Services include an on-site physician's office staffed by contracted physicians, staff nurse practitioners, and nursing staff. Annually 13,000 visits are seen by this office. Other out-patient services include physical, occupational, and speech therapies, medication management, social work services, health and wellness programs including land fitness and aquatics programs as well as dietary counseling and matters of public health concern. Staff also provides at home care to Pennswood residents who may require or benefit from such services, yet not require a higher level of inpatient services. Home visits by registered nurses and licensed practical nurses are approximate 26,000. Pennswood Village does not bill the resident or medicare for this service. The staff provides a myriad of services such as dressing changes, medication administration, and assessment when discharged from the nursing home, assisted living facility or hospital and pain management. Residents who require management and observation because they are deteriorating mentally and physically are also seen on a regular basis. The program is a valuable part of the health care system as it assists the resident to remain independent as long as possible. Residents are admitted to the community with consideration given to their ability to pay the established fees that are based on the type of accommodation occupied. However, no resident will be asked to leave the community for reasons of inability to pay the established fees when the inability to pay is not their own fault. Financial assistance to those in need is available and for the year that ended march 31, 2023, $316,327 was awarded to 8 individuals. Over the last ten years assistance to residents amounted to approximately $4.75 million. Pennswood Village also provides financial assistance to those who request support to pay the initial entry fee. Since 2002, $516,656 has been awarded for this purpose. Residents of Pennswood Village are generous in their volunteer activities within the community and also in the broader community away from Pennswood Village. The hours of voluntary service typically exceed 5,000 annually with over 200 residents participating.pennswood Village has actively sought to significantly reduce or eliminate the negative impact of its buildings on the environment and improve the quality of life of our residents. The environmental benefit includes a reduction of natural resources consumed; economic benefits improve the bottom line and reduce operating costs to allow more dollars to be redirected to programs and services benefitting seniors; the health and safety benefit enhances resident comfort, health, and quality of life; and the community benefit minimizes the strain and demands on our local infrastructure.dining services at Pennswood Village provides hot and cold food and packaging supplies for the woodside meals program. Highly nutritious hot meals are produced daily for this program and provided at cost to woodside meals on wheels. All the packaging supplies used and labor cost associated with the meals are provided compliments of Pennswood Village. On average, there are 14,000 meals prepared annually, which equates to approximately 1,450 staff hours. To support the surrounding community, Pennswood Village also makes payments in lieu of taxes (pilot) to the local government and contributions to local organizations such as police, fire and ems. These volunteer payments and contributions amount to approximately $611,000 annually.

Grants made by PV

GranteeGrant descriptionAmount
Neshaminy School District Workers' Compensation TrustSupport District Initiatives$457,126
Pennswood Village FoundationTo Support Pennswood Village Foundation Operation's$125,237
Middletown Township Lions ClubSupport Township Initiatives$61,007

Who funds Pennswood Village (PV)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pennswood Village Residents AssociationEmployee Bonus$185,000
Community Foundation of New JerseyUnrestricted Grant To Support Organization's Exempt Purpose$13,500
Pennswood Village Residents AssociationFellowship Fund$8,159
...and 1 more grant received

Personnel at PV

NameTitleCompensation
Daniel MurrayChief Executive Officer$269,293
Thomas AtkinsChief Operating Officer / Director of Facilities$204,701
Tim McQuaidChief Financial Officer
Philip A PagliaroDirector of Marketing$158,017
Melissa SpadaccinoDirector of Human Resources$138,176
...and 15 more key personnel

Financials for PV

RevenuesFYE 03/2023
Total grants, contributions, etc.$899,415
Program services$33,252,672
Investment income and dividends$1,158,998
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$80,686
Net gain from sale of non-inventory assets$127,877
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$19,080
Miscellaneous revenues$348,695
Total revenues$35,887,423

Form 990s for PV

Fiscal year endingDate received by IRSFormPDF link
2023-032024-01-31990View PDF
2022-032023-02-10990View PDF
2021-032022-01-27990View PDF
2020-032021-02-17990View PDF
2019-032019-11-23990View PDF
...and 12 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 6 new personnel
May 20, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 27, 2023
Received grants
Identified 3 new grant, including a grant for $185,000 from Pennswood Village Residents Association
July 11, 2023
Used new vendors
Identified 4 new vendors, including , , , and
June 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesHeadquarter / parent organizationsCharities
Issues
Human services
Characteristics
Political advocacyLobbyingEndowed supportProvides scholarshipsTax deductible donations
General information
Address
1382 Newtown-Langhorne Rd
Newtown, PA 18940
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Bucks County, PA
Website URL
pennswood.org/ 
Phone
(215) 968-9110
Facebook page
pennswoodvillage 
Twitter profile
@pennswoodvlg 
IRS details
EIN
23-2021541
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1976
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
Central organization
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