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Bridgewater Village

Bridgewater, VA · EIN 23-7189250 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Bridgewater Village reported $11.7 million in revenue and $11.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $82.88 went to program services, $17.12 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: 96.4% of the total. The highest compensation it reported for one person was $368,518 (President & CEO). 1 person received more than $100,000 in reportable compensation. Revenue rose 73% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $12M

Other revenue was negative: −$39,234. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
82.9%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
17.1%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.7%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
96.4%66.2%
Highest reported compensation
Part VII-A, columns D–F
$368,518$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.17%1.57%
People paid over $100,000
Part VII, line 2
15
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.810.0
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

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

FY2025 · Form 990, Part III · the three largest programs by expense
$9.6M expenses · 100.0% of program spending · revenue $11M

Retirement housing, property maintenance & coordination of activities for the residents of approximately 270 independent living units

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & CEO
Officer, 0.00 hrs/week
$0$340,680$27,838$368,518
Treasurer & CFO
Officer, 0.00 hrs/week
$0$206,627$63,799$270,426
VP of IL & AL
Listed in Part VII, 40.00 hrs/week
$117,530$0$14,395$131,925
Dir. of Facilities
Listed in Part VII, 40.00 hrs/week
$93,645$0$16,502$110,147
Secretary
Officer, 0.00 hrs/week
$0$77,224$11,654$88,878

1 people received more than $100,000 in reportable compensation from Bridgewater Village (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$12M82.9%$2.7M$368,518
FY2024 ⓘ$11M$11M84.1%$2.6M$310,402
FY2023 ⓘ$11M$10M83.9%$2.9M$304,182
FY2022 ⓘ$11M$9.8M83.3%$2.1M$301,423
FY2021 ⓘ$9.9M$8.8M83.1%$1.2M$281,383
FY2020 ⓘ$6.8M$7.3M81.8%$128K$222,592

Governance answers, as filed

FY2025 · 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–1b11 · 11 independent
  • Audited financial statements Part XII 2bYes
  • 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 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • 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 540

Correct a figure or respond

Every number above is copied from Bridgewater Village's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Bridgewater Village, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Virginia

Questions people ask

How much of Bridgewater Village's spending goes to programs?

In the fiscal year ending September 30, 2025, Bridgewater Village reported that 82.9% of its $11.6 million in expenses went to program services, 17.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Bridgewater Village pay its top executive?

The largest total compensation Bridgewater Village reported for one person in the fiscal year ending September 30, 2025 was $368,518, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Bridgewater Village get its money?

Of $11.7 million in revenue in the fiscal year ending September 30, 2025, 0.7% came from contributions and grants and 96.4% from program service revenue (Form 990, Part VIII).

Is Bridgewater Village a registered charity?

The IRS lists EIN 23-7189250 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612299349300996 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542279349303209 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412289349301756 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302279349303075 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212239349302046 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132239349301768 · read the filing

All filings for EIN 23-7189250: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.