Well-spring Retirement Community Inc

Human services organization based in Greensboro, NC. 646 employees. Exempt under §501(c)(3).

MissionWELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.

EIN
56-1497371
State
NC
Sector
Human services
Budget band
$25M–$50M
Latest filing
TY 2024
Records
5 officers · 6 years

Financial snapshot · TY 2024

$43.0M
Total revenue
$41.4M
Total expenses
$139.1M
Net assets

Financial health · TY 2024

75
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
71
12.8 months of expenses
Program efficiency
100
91% spent on programs
Revenue diversity
35
Mix of program fees, grants & contributions

Leadership compensation

Misti Ridenour
EXECUTIVE DIRECTOR
$277,963
56th percentile vs. peers
Michael Jones
DIRECTOR OF HEALTH SERVICES
$201,672
78th percentile vs. peers
Susan Suek
DIRECTOR OF NURSING
$160,420
78th percentile vs. peers
Todd Dumke
DIRECTOR OF DINING SERVICES
$158,579
78th percentile vs. peers
Philip Johnson
DIRECTOR OF FACILITIES
$136,063
78th percentile vs. peers

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Well-spring Retirement Community Inc Executive Compensation | 990 Data | DoubleNine