VIRGINIA MENNONITE RETIREMENT COMMUNITY INC

EIN: 510249314 501(c)(3) Housing & Shelter

HARRISONBURG, VA

Total Revenue
$8,260,781
Total Expenses
$8,223,244
Total Assets
$34,565,658
Net Assets
$5,573,730
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
VA
Principal Officer
JAKE BELL
Phone
5404384225
Tax Period
2023-04-01 to 2024-03-31

VIRGINIA MENNONITE RETIREMENT COMMUNITY INC, founded in 1983, is a community nonprofit in the Housing & Shelter sector that reported $7.4M in total revenue in fiscal year 2018. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

WE ARE A CHRIST-CENTERED COMMUNITY CULTIVATING COMPASSION, INTEGRITY AND RESPECT FOR AGING WELL AND LIVING FULLY.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $34,658
Program Service Revenue $8,107,379
Investment Income $119,133
Other Revenue $-389
TOTAL REVENUE $8,260,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,900,482
Fundraising Expenses $0
Program Expenses $8,088,072
Other Expenses $4,322,762
TOTAL EXPENSES $8,223,244

Year-over-Year Comparison

2023 2022 Change
Revenue $8,260,781 $8,299,259 0.0%
Expenses $8,223,244 $8,299,261 0.0%
Net Income $37,537 $-2 -18769.5%
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

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Governance

Voting Members
13
Independent Members
13
Employees
92
Volunteers
75

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
7
$207,963
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE PIPER CFO 40.00
Officer
$188,524 $19,439 $207,963
TROY SNYDER FORMER CEO 40.00
$185,418 $16,573 $201,991
SCOTT KLEIST MANAGER 40.00
Highest
$134,279 $0 $134,279
CHARLENE KEITH MANAGER 40.00
Highest
$123,373 $0 $123,373
DARYL BERT BOARD MEMBER 1.00
Director
$0 $0 $0
KELLY BLOSSER TREASURER 1.00
Officer Director
$0 $0 $0
MYRON BLOSSER BOARD MEMBER 1.00
Director
$0 $0 $0
JACQUELINE R HARTMAN CHAIR 1.00
Officer Director
$0 $0 $0
HUNTER HOLLAR BOARD MEMBER 1.00
Director
$0 $0 $0
ALDEN HOSTETTER BOARD MEMBER 1.00
Director
$0 $0 $0
CHERELLE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEB KING BOARD MEMBER 1.00
Director
$0 $0 $0
KAY NUSSBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY SEITZ BOARD MEMBER 1.00
Director
$0 $0 $0
NELLY MORENO SHENK BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE SMUCKER SECRETARY 1.00
Officer Director
$0 $0 $0
TERESA BOSHART YODER VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAKE BELL CEO 40.00
Officer
$0 $0 $0
J DAVID YODER INTERIM CEO 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 No data No data No data No data
2024 $8,260,781 $8,223,244 $34,565,658 $37,537
2023 $8,299,259 $8,299,261 $34,934,476 $-2
2022 $10,952,139 $7,378,325 $41,929,223 $3,573,814
2021 $8,073,755 $7,046,707 $42,827,951 $1,027,048
2020 $7,082,628 $7,237,318 $41,772,527 $-154,690
2019 $7,380,660 $7,339,398 $36,965,032 $41,262
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