Springpoint Senior Living Inc.- Parent
Springpoint Senior Living Inc.- Parent reported $21.4 million in revenue and $19.3 million in expenses for calendar year 2024. Of every $100 it spent, $55.88 went to program services, $44.12 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: 99.3% of the total. The highest compensation it reported for one person was $1,685,629 (TRUSTEE; EX-OFFICIO-PRESIDENT & CEO). 57 people received more than $100,000 in reportable compensation. Revenue rose 22% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $19MFor 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 $21MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 55.9% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 44.1% | 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 | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.3% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,685,629 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.75% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 57 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 25.0 | 6.9 |
| Independent voting board members Part VI 1a–1b | 14 of 15 | 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 |
|---|---|---|---|---|
| TRUSTEE; EX-OFFICIO-PRESIDENT & CEO Director/trustee, officer, 5.00 hrs/week | $1,273,736 | $0 | $411,893 | $1,685,629 |
| SENIOR VP/CFO, TREASURER Officer, 5.00 hrs/week | $503,820 | $0 | $92,897 | $596,717 |
| SR. VP/GENERAL COUNSEL, SECRETARY Officer, 5.00 hrs/week | $489,654 | $0 | $93,061 | $582,715 |
| SENIOR VP/COO, ASSISTANT TREASURER Officer, 5.00 hrs/week | $495,197 | $0 | $75,484 | $570,681 |
| VP FINANCE Key employee, 5.00 hrs/week | $300,402 | $0 | $33,530 | $333,932 |
| LPC EXECUTIVE DIRECTOR Highest compensated employee, 5.00 hrs/week | $287,844 | $0 | $39,550 | $327,394 |
| VP HEALTH SERVICES Key employee, 5.00 hrs/week | $266,106 | $0 | $34,200 | $300,306 |
| VP INFORMATION TECHNOLOGY Key employee, 5.00 hrs/week | $286,492 | $0 | $1,426 | $287,918 |
57 people received more than $100,000 in reportable compensation from Springpoint Senior Living Inc.- Parent (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.8M (Part IX, line 5).
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–1b15 · 14 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 4Yes
- 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 5122
- Volunteers Part I, line 614
Correct a figure or respond
Every number above is copied from Springpoint Senior Living Inc.- Parent's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Springpoint Senior Living Inc.- Parent, you can publish a response that is linked from this page.
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Of every $100 Springpoint Senior Living Inc.- Parent spent in 2024, $55.88 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Springpoint Senior Living Inc.- Parent's spending goes to programs?
In calendar year 2024, Springpoint Senior Living Inc.- Parent reported that 55.9% of its $19.3 million in expenses went to program services, 44.1% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Springpoint Senior Living Inc.- Parent pay its top executive?
The largest total compensation Springpoint Senior Living Inc.- Parent reported for one person in calendar year 2024 was $1,685,629, for the role of TRUSTEE; EX-OFFICIO-PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Springpoint Senior Living Inc.- Parent get its money?
Of $21.4 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.3% from program service revenue (Form 990, Part VIII).
Is Springpoint Senior Living Inc.- Parent a registered charity?
The IRS lists EIN 31-1480524 as a 501(c)(3) organization (supporting organization (509(a)(3))), 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 202523019349300207 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202442889349301814 · read the filing
- 2022: Form 990 for calendar year 2022, object 202312919349300211 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202989349301570 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122879349301822 · read the filing
- 2019: Form 990 for calendar year 2019, object 202023039349301717 · read the filing
All filings for EIN 31-1480524: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.