The Gerry Homes
Also known as Heritage Village Retirement Campus
The Gerry Homes reported $33.7 million in revenue and $33.6 million in expenses for calendar year 2024. Of every $100 it spent, $76.17 went to program services, $23.83 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.3% of the total. The highest compensation it reported for one person was $360,404 (President & CEO). 5 people received more than $100,000 in reportable compensation. Revenue fell 0% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $34MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $34M- Contributions & grants (non-government)$5.75 $1.9M
- Government grants$4.45 $1.5M
- Program service revenue$87.29 $29M
- Other revenue$2.51 $844K
Investment income was negative: −$7,928. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 76.2% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 10.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.5% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $360,404 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.07% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 5 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 13.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Officer, 1 hrs/week | $0 | $337,676 | $22,728 | $360,404 |
| Chief Information Officer Officer, 1 hrs/week | $0 | $196,526 | $22,184 | $218,710 |
| Chief Financial Officer Officer, 1 hrs/week | $0 | $200,294 | $13,619 | $213,913 |
| Chief Human Resources Officer Officer, 1 hrs/week | $0 | $190,268 | $17,794 | $208,062 |
| Chief of Mission Advancement Officer, 1 hrs/week | $0 | $184,880 | $21,998 | $206,878 |
| Regional Nursing Home Administrator Highest compensated employee, 1 hrs/week | $0 | $160,278 | $15,080 | $175,358 |
| Managing Pharmacist Highest compensated employee, 0 hrs/week | $0 | $160,634 | $2,161 | $162,795 |
| Director of Regulatory and Budget Highest compensated employee, 1 hrs/week | $0 | $147,109 | $9,949 | $157,058 |
5 people received more than $100,000 in reportable compensation from The Gerry Homes (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5565
Private foundation grants it received
2 private foundations reported grants to The Gerry Homes totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Gerry Homes's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Gerry Homes, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Gerry Homes spent in 2024, $76.17 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- The Mather EvanstonEvanston, IL · revenue $34M · programs 92.9% · 2024
- Region IV Area Agency on AgingSt Joseph, MI · revenue $34M · programs 97.5% · FY2025
- The Rescue Mission Alliance of SyracuseSyracuse, NY · revenue $34M · programs 82.4% · FY2025
- Central Connecticut Coast Young Men's Christian AssociationNew Haven, CT · revenue $34M · programs 91.7% · 2025
- The Morselife Housing CorporationWest Palm Beach, FL · revenue $34M · programs 78.2% · FY2025
All human services charities · Largest charities in New York
Questions people ask
How much of The Gerry Homes's spending goes to programs?
In calendar year 2024, The Gerry Homes reported that 76.2% of its $33.6 million in expenses went to program services, 23.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Gerry Homes pay its top executive?
The largest total compensation The Gerry Homes reported for one person in calendar year 2024 was $360,404, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Gerry Homes get its money?
Of $33.7 million in revenue in calendar year 2024, 10.2% came from contributions and grants (including 4.5% from government grants) and 87.3% from program service revenue (Form 990, Part VIII).
Is The Gerry Homes a registered charity?
The IRS lists EIN 16-0755780 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202503219349323000 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349312453 · read the filing
- 2022: Form 990 for calendar year 2022, object 202343199349331224 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349313124 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349331338 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023219349317912 · read the filing
All filings for EIN 16-0755780: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.