GREENCROFT RETIREMENT COMMUNITIES INC

EIN: 300036587 501(c)(3) Human Services

GOSHEN, IN

Total Revenue
$13,308,410
Total Expenses
$14,438,491
Total Assets
$27,731,443
Net Assets
$5,771,917
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IN
Phone
5745374000
Tax Period
2024-07-01 to 2025-06-30

GREENCROFT RETIREMENT COMMUNITIES INC, founded in 2002, is a mid-sized nonprofit in the Human Services sector that reported $13.3M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE MANAGEMENT & SUPPORT SERVICES TO RELATED NON-FOR-PROFIT ORGANIZATIONS THAT PROVIDE AFFORDABLE HOUSING, QUALITY CARE, AND CHARITY CARE FOR OLDER ADULTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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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 $13,260,950
Investment Income $23,976
Other Revenue $23,484
TOTAL REVENUE $13,308,410

Expense Breakdown

Grants Paid $12,830
Salaries & Benefits $9,556,031
Fundraising Expenses $0
Program Expenses $11,647,117
Other Expenses $4,869,630
TOTAL EXPENSES $14,438,491

Year-over-Year Comparison

2024 2023 Change
Revenue $13,308,410 $7,448,238 +0.8%
Expenses $14,438,491 $8,155,333 +0.8%
Net Income $-1,130,081 $-707,095 +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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
66
Volunteers
8

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
8
$1,399,013
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANE WOODWORTH VICE CHAIR 1.0
Officer Director
$0 $0 $0
JULIE CROSSLEY CHAIR 1.0
Officer Director
$0 $0 $0
JIM EVANS BOARD MEMBER 1.0
Director
$0 $0 $0
JIM RIDENOUR BOARD MEMBER 1.0
Director
$0 $0 $0
JOE CAFFEE BOARD MEMBER 1.0
Director
$0 $0 $0
JONATHAN GEISER BOARD MEMBER 1.0
Director
$0 $0 $0
STEVE GARBODEN BOARD MEMBER 1.0
Director
$0 $0 $0
WES HERSCHBERGER BOARD MEMBER 1.0
Director
$0 $0 $0
AIMEE RIEMKE ASSISTANT SECRETARY 31.0
Officer
$162,518 $31,415 $193,933
CALLIE SELNER HARTUNG ASSISTANT TREASURER (LEFT 08/24) 33.0
Officer
$60,386 $7,612 $67,998
ERIC HERSHBERGER ASSISTANT TREASURER (LEFT 04/25) 31.0
Officer
$89,803 $5,564 $95,367
HUGH DAVIS PRESIDENT 45.0
Officer
$523,005 $12,855 $535,860
LYNDA OLINSKI TREASURER 41.0
Officer
$286,917 $14,689 $301,606
RYDELL BONTRAGER SECRETARY 31.0
Officer
$160,883 $43,366 $204,249
CHANDRA STRADLING VICE PRESIDENT (LEFT 11/24) 40.0
Highest
$312,862 $10,128 $322,990
JINNY LONGBRAKE VP HUMAN RESOURCES 40.0
Highest
$241,350 $36,156 $277,506
JOSEPH DORAN ADMIN SOUTHFILED VILLAGE 40.0
Highest
$164,766 $30,525 $195,291
LINDA O'NEILL ADMIN - GREENCROFT GOSHEN (LEFT 05/25) 40.0
Highest
$225,825 $14,630 $240,455
STEVEN SCHAAF ADMIN - GOLDEN YEARS HOMESTEAD 40.0
Highest
$201,576 $26,812 $228,388
MARK KING FORMER PRESIDENT (LEFT 2/24) 45.0
$857,321 $2,319 $859,640
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 $13,308,410 $14,438,491 $27,731,443 $-1,130,081
2024 $7,448,238 $8,155,333 $14,688,229 $-707,095
2023 $7,127,630 $7,480,528 $14,149,896 $-352,898
2022 $6,819,841 $6,747,881 $13,639,127 $71,960
2021 $6,552,815 $6,330,078 $12,725,150 $222,737
2020 $5,946,338 $6,264,518 $13,036,016 $-318,180
2019 $5,127,135 $5,417,312 $11,226,375 $-290,177
2018 $4,935,580 $5,492,967 $9,683,597 $-557,387
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