SIMPSON SENIOR SERVICES

EIN: 232948991 501(c)(3) Housing & Shelter

BALA CYNWYD, PA

Total Revenue
$4,696,346
Total Expenses
$4,804,503
Total Assets
$22,843,305
Net Assets
$7,337,140
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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
PA
Principal Officer
CAROL E MCKINLEY
Phone
6106600112
Tax Period
2024-01-01 to 2024-12-31

SIMPSON SENIOR SERVICES, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $4.7M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

SIMPSON SENIOR SERVICES IS DEDICATED TO MEETING THE NEEDS OF AN AGING COMMUNITY. THROUGH CAREFUL OVERSIGHT, THIS ORGANIZATION WILL ASSURE THAT EACH OF ITS COMMUNITIES STRIVES TO DELIVER THE HIGHEST QUALITY OF SERVICES. (CONTINUED ON SCHEDULE O).THE ORGANIZATION ENSURES THAT QUALITY SERVICES WILL BE DELIVERED WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE, AND INTEGRITY. WE ARE COMMITTED TO A SYSTEM-WIDE OPERATION THAT OFFERS ALL RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT.

Program Service Accomplishments

Program 1
Expenses: $529,784 Revenue: $4,340,470

SIMPSON SENIOR SERVICES IS A NONPROFIT ORGANIZATION WHICH DEVELOPS AND MANAGES CAMPUS COMMUNITIES FOR SENIOR ADULTS. ON AN EQUAL OPPORTUNITY BASIS, EACH COMMUNITY STRIVES TO DELIVER THE HIGHEST...

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SIMPSON SENIOR SERVICES IS A NONPROFIT ORGANIZATION WHICH DEVELOPS AND MANAGES CAMPUS COMMUNITIES FOR SENIOR ADULTS. ON AN EQUAL OPPORTUNITY BASIS, EACH COMMUNITY STRIVES TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE, AND INTEGRITY. THE COMMUNITIES INCLUDE: SIMPSON HOUSE, SIMPSON MEADOWS, JENNER'S POND, SIMPSON MID-TOWN, AND SIMPSON GARDENS I & II. ACCOMMODATIONS AND CARE VARY DEPENDING UPON THE CAMPUS AND MAY INCLUDE INDEPENDENT LIVING COTTAGES AND APARTMENTS, ASSISTED LIVING, PERSONAL CARE, SKILLED NURSING, AS WELL AS SUBSIDIZED HOUSING FOR MODERATE TO LOW-INCOME SENIORS.(CONTINUED ON SCHEDULE O)AVAILABLE SERVICES ALSO VARY DEPENDING UPON THE CAMPUS AND MAY INCLUDE DINING SERVICES, HOUSEKEEPING, LAUNDRY, TRANSPORTATION, AS WELL AS ACTIVITIES SUCH AS: EXERCISE CLASSES, MUSICAL PROGRAMS AND PERFORMANCES, DAY AND OVERNIGHT TRIPS, HEALTH AND WELLNESS PROGRAMS, AND HAND ARTS. THE COMMUNITIES AND CAMPUSES OF SIMPSON SENIOR SERVICES ARE COMMITTED TO THE BETTERMENT OF RESIDENTS, STAFF, AND THE COMMUNITIES AT LARGE AND OFFER RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT. EACH CAMPUS BENEFITS FROM THE COMMITMENT AND SERVICE OF COMMUNITY AND RESIDENT VOLUNTEERS. THE COMMUNITIES STRIVE TO PROVIDE SERVICES AND CARE TO RESIDENTS EVEN IF THEY OUTLIVE THEIR FINANCIAL RESOURCES. THE COMMUNITIES OFFER TUITION ASSISTANCE TO ELIGIBLE EMPLOYEES IN SUPPORT OF CONTINUING EDUCATION. PROVIDE WORK SITES FOR CLINICAL AND HANDS-ON EDUCATION AND TRAINING, MAKE SPACE AVAILABLE FOR COMMUNITY ORGANIZATIONS AND GROUPS, PROMOTE STAFF AND RESIDENT VOLUNTEERISM IN THE COMMUNITY, AND MAKE CONTRIBUTIONS TO LOCAL COMMUNITY ORGANIZATIONS.

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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 $4,340,470
Investment Income $297,741
Other Revenue $58,135
TOTAL REVENUE $4,696,346

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,530,658
Fundraising Expenses $495,237
Program Expenses $529,784
Other Expenses $1,273,845
TOTAL EXPENSES $4,804,503

Year-over-Year Comparison

2024 2023 Change
Revenue $4,696,346 $5,330,273 -0.1%
Expenses $4,804,503 $5,488,881 -0.1%
Net Income $-108,157 $-158,608 -0.3%
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
10
Independent Members
9
Employees
31
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
6
$801,200
Total Directors
10
$431,417
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL MCKINLEY PRESIDENT/CEO 34.00
Officer Director
$415,558 $15,859 $431,417
MEREDITH E OKENQUIST CHAIR 1.00
Officer Director
$0 $0 $0
MICHELLE GOLLAPALLI IMMEDIATE PAST CHAIR 1.00
Officer Director
$0 $0 $0
RICK HELLBERG TREASURER 1.00
Officer Director
$0 $0 $0
DALINDA LOVE SECRETARY 1.00
Officer Director
$0 $0 $0
REV DAVID W BROWN DIRECTOR 1.00
Director
$0 $0 $0
JOHN P DIMAGGIO DIRECTOR 1.00
Director
$0 $0 $0
ALAIN DUROSEAU DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SHARP DIRECTOR 1.00
Director
$0 $0 $0
MARCIA STANFORD DIRECTOR 1.00
Director
$0 $0 $0
KENNETH FRANIAK CHIEF FINANCIAL OFFICER 34.00
Officer
$349,023 $20,760 $369,783
PATRICIA LAMOREUX VP OF HUMAN RESOURCES 40.00
Highest
$232,380 $17,376 $249,756
JESSICA STEWART SENIOR DIRECTOR OF OPERATIONS 40.00
Highest
$193,235 $19,911 $213,146
DAVID JANUARY REGIONAL DIR. OF CLINICAL SERVICES 40.00
Highest
$179,741 $13,287 $193,028
SUSAN SHARP VP OF PHILANTHANTHROPY 40.00
Highest
$158,480 $6,339 $164,819
ASHLEY KRATZER CORPORATE CONTROLLER 40.00
Highest
$148,334 $13,009 $161,343
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
2024 $4,696,346 $4,804,503 $22,843,305 $-108,157
2023 $5,330,273 $5,488,881 $17,456,805 $-158,608
2022 $4,614,783 $4,667,690 $15,537,368 $-52,907
2021 $3,222,178 $3,897,723 $13,321,662 $-675,545
2020 $3,449,587 $3,436,295 $12,418,666 $13,292
2019 $2,961,285 $3,011,424 $13,451,070 $-50,139
2018 $2,911,665 $2,796,304 $7,161,716 $115,361
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