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Acts Retirement Services Inc. Grp Exemp

Fort Washington, PA · EIN 90-0626767 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Acts Retirement Services Inc. Grp Exemp reported $61.8 million in revenue and $62.2 million in expenses for calendar year 2024. Of every $100 it spent, $77.14 went to program services, $21.27 to management and general costs and $1.59 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.7% of the total. The highest compensation it reported for one person was $2,730,350 (EXEC VP, CAO (THRU 11/24)). 186 people received more than $100,000 in reportable compensation. Revenue rose 6% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $62M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 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 $62M

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

2024 filing. Median across 2,433 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
77.1%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
21.3%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
1.6%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
0.0%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
99.7%58.9%
Highest reported compensation
Part VII-A, columns D–F
$2,730,350$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.39%1.38%
People paid over $100,000
Part VII, line 2
1866
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
3.46.8
Independent voting board members
Part VI 1a–1b
3 of 5100.0%

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 expense
$48M expenses · 100.0% of program spending · revenue $62M

Acts management services, inc. (ams) provides centralized management and development services for all of the acts entities

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXEC VP, CAO (THRU 11/24)
Officer, 15.00 hrs/week
$2,703,748$0$26,602$2,730,350
CEO & DIRECTOR
Director/trustee, officer, 10.00 hrs/week
$873,088$0$922,751$1,795,839
EXEC VP, GENERAL COUNSEL, SECRETARY
Officer, 10.00 hrs/week
$499,910$0$493,396$993,306
PRESIDENT, ASSISTANT SEC'Y, DIRECTOR
Director/trustee, officer, 10.00 hrs/week
$637,993$0$276,649$914,642
EXEC VP, COO
Officer, 15.00 hrs/week
$458,040$0$144,921$602,961
EVP, CHIEF STRATEGY OFFICER
Officer, 15.00 hrs/week
$405,125$0$144,497$549,622
EXECUTIVE DIRECTOR (THRU 10/31/24)
Highest compensated employee, 5.00 hrs/week
$407,792$0$20,506$428,298
VP, CHIEF MEDICAL DIRECTOR
Officer, 15.00 hrs/week
$395,169$0$32,389$427,558

186 people received more than $100,000 in reportable compensation from Acts Retirement Services Inc. Grp Exemp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $17M (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
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$62M$62M77.1%$18M$2,730,350
2023 ⓘ$75M$79M81.7%$8.9M$1,688,638
2022 ⓘ$70M$71M77.0%$13M$2,704,891
2021 ⓘ$62M$61M82.0%$13M$1,245,485
2020 ⓘ$61M$66M80.1%$13M$1,157,216
2019 ⓘ$59M$55M78.5%$17M$979,930

Governance 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–1b5 · 3 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 2Yes
  • 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 5380
  • Volunteers Part I, line 63

Correct a figure or respond

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

Questions people ask

How much of Acts Retirement Services Inc. Grp Exemp's spending goes to programs?

In calendar year 2024, Acts Retirement Services Inc. Grp Exemp reported that 77.1% of its $62.2 million in expenses went to program services, 21.3% to management and general and 1.6% to fundraising (Form 990, Part IX).

How much does Acts Retirement Services Inc. Grp Exemp pay its top executive?

The largest total compensation Acts Retirement Services Inc. Grp Exemp reported for one person in calendar year 2024 was $2,730,350, for the role of EXEC VP, CAO (THRU 11/24) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Acts Retirement Services Inc. Grp Exemp get its money?

Of $61.8 million in revenue in calendar year 2024, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).

Is Acts Retirement Services Inc. Grp Exemp a registered charity?

The IRS lists EIN 90-0626767 as a 501(c)(3) organization (supporting organization (509(a)(3))). 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 202513189349306531 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423179349302257 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343189349301919 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243199349312654 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123169349304197 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033189349311438 · read the filing

All filings for EIN 90-0626767: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.