SENIOR LIVING CHOICES INC

EIN: 232154882 501(c)(3) Human Services

MIDLOTHIAN, VA

Total Revenue
$31,919,620
Total Expenses
$28,056,875
Total Assets
$103,097,615
Net Assets
$40,477,287
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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
VA
Principal Officer
FRASIER BRICKHOUSE
Phone
8047441173
Tax Period
2024-07-01 to 2025-06-30

SENIOR LIVING CHOICES INC, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $24.2M in total revenue in fiscal year 2017. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $21.1M left a modest 13% surplus.

Mission

SENIOR LIVING CHOICES OF VIRGINIA, INC. IS A NON-PROFIT, NON-STOCK CORPORATION, EXISTING UNDER THE LAWS OF THE COMMONWEALTH OF VIRGINIA. THE CORPORATION IS A CONTINUING CARE RETIREMENT COMMUNITY AS DEFINED BY THE CODE OF VIRGINIA, AS AMENDED, IN SEC. 38.2-4900, ET SEQ. THE CORPORATION WAS ORGANIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CORPORATION OWNS AND OPERATES A RESIDENTIAL AND HEALTH CARE CENTER KNOWN AS BRANDERMILL WOODS FOR THE AGED. THE COMMUNITY CONSISTS OF 275 COTTAGES AND CLUB HOMES FOR INDEPENDENT SENIOR LIVING, 59 ASSISTED LIVING UNITS FOR THE ELDERLY, AND A NURSING FACILITY WITH 60 SKILLED AND INTERMEDIATE-CARE NURSING BEDS, TOGETHER WITH A CLUBHOUSE CONTAINING COMMON AREAS, ADMINISTRATIVE OFFICES, A RESTAURANT, LOUNGE, BEAUTY SALON/BARBER, EXERCISE ROOM, RECREATIONAL FACILITIES, AND OTHER AMENITIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $31,277,947
Investment Income $641,673
Other Revenue $0
TOTAL REVENUE $31,919,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,030,740
Fundraising Expenses $0
Program Expenses $26,876,999
Other Expenses $13,026,135
TOTAL EXPENSES $28,056,875

Year-over-Year Comparison

2024 2023 Change
Revenue $31,919,620 $29,692,994 +0.1%
Expenses $28,056,875 $27,340,529 +0.0%
Net Income $3,862,745 $2,352,465 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
N/A
Employees
494
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$96,000
Total Directors
4
$96,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE L EDMUNDS TREASURER 0.50
Officer Director
$24,000 $0 $24,000
BRADFORD S HAMMER SECRETARY 0.50
Officer Director
$24,000 $0 $24,000
N LES SAUNDERS PRESIDENT 0.50
Officer Director
$24,000 $0 $24,000
FRASIER BRICKHOUSE VICE PRESIDENT 0.50
Officer Director
$24,000 $0 $24,000
L CHARMAINE PREISS INDEPENDENT SERVICES DIREC 40.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $31,919,620 $28,056,875 $103,097,615 $3,862,745
2024 $29,692,994 $27,340,529 $103,519,689 $2,352,465
2023 $28,452,386 $24,467,844 $104,647,952 $3,984,542
2022 $26,845,204 $25,735,889 $101,499,021 $1,109,315
2021 $26,998,437 $23,413,535 $102,127,034 $3,584,902
2020 $27,417,431 $24,152,471 $102,451,935 $3,264,960
2019 $26,239,081 $24,396,997 $100,641,881 $1,842,084
2018 $24,159,854 $21,098,803 $100,165,596 $3,061,051
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