ROLAND PARK PLACE INC

EIN: 521197548 501(c)(3) Human Services

BALTIMORE, MD

Total Revenue
$29,156,660
Total Expenses
$29,930,111
Total Assets
$139,980,404
Net Assets
$-5,810,790
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MD
Phone
4102435700
Tax Period
2022-07-01 to 2023-06-30

ROLAND PARK PLACE INC, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $29.2M in total revenue in fiscal year 2022.

Mission

YOUR PLEASURE IN RETIREMENT - OUR AIM; YOUR PERSONAL WELL-BEING - OUR FOCUS; YOUR INTERESTS ENHANCED - OUR PLEDGE: THESE ARE THE MISSIONS OF ROLAND PARK PLACE, A CONTINUING CARE RETIREMENT COMMUNITY IN THE CITY OF BALTIMORE.

Program Service Accomplishments

Program 1
Expenses: $18,011,557 Revenue: $20,523,151

INDEPENDENT LIVING - INDEPENDENT LIVING IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. ON-SITE WELLNESS OPTIONS INCLUDE A STATE-OF-THE-ART, STAFFED FITNESS CENTER...

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INDEPENDENT LIVING - INDEPENDENT LIVING IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. ON-SITE WELLNESS OPTIONS INCLUDE A STATE-OF-THE-ART, STAFFED FITNESS CENTER AND POOL. INDIVIDUAL AND GROUP INSTRUCTION IS OFFERED. AN ON-SITE MEDICAL CLINIC IS STAFFED WITH NURSES, NURSE PRACTITIONERS, AND PHYSICIANS. CERTAIN ASSISTANCE IS PERMITTED IN THE APARTMENTS FOR THOSE WHOSE NEEDS REQUIRE ADDITIONAL SERVICES. THE COMMUNITY HAS 220 INDEPENDENT LIVING UNITS WITH AN ESTIMATED ANNUAL 85,000 CENSUS DAYS. OCCUPANCY AT 6/30/23 WAS 197 OCCUPIED APARTMENTS AND 256 RESIDENTS. IN THE SPRING OF 2020, ROLAND PARK PLACE BEGAN CONSTRUCTION OF A NEW INDEPENDENT LIVING EXPANSION. THE NEW CONSTRUCTION WAS COMPLETED IN THE SUMMER OF 2021, PROVIDING 58 NEW APARTMENTS LOCATED IN AN EIGHT STORY TOWER CONNECTED TO THE EXISTING BUILDING. IN ADDITION TO THE APARTMENTS, THE NEW ADDITION INCLUDES AN ART STUDIO LOCATED ON THE GROUND FLOOR AND A COMMUNITY CLUB ROOM ON THE EIGHTH FLOOR WITH EXPANSIVE VIEWS OF THE BALTIMORE SKYLINE.

Program 2
Expenses: $4,701,906 Revenue: $5,398,146

NURSING CARE - THE HEALTH CARE CENTER PROVIDES BOTH LONG-TERM CARE AND SHORT-TERM REHABILITATION STAYS FOR RESIDENTS. THIS LEVEL OF RESIDENCY IS A COMPONENT OF ROLAND PARK PLACE'S "CONTINUING CARE"...

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NURSING CARE - THE HEALTH CARE CENTER PROVIDES BOTH LONG-TERM CARE AND SHORT-TERM REHABILITATION STAYS FOR RESIDENTS. THIS LEVEL OF RESIDENCY IS A COMPONENT OF ROLAND PARK PLACE'S "CONTINUING CARE" SERVICES. ON-SITE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH AND AQUATIC THERAPY ARE OFFERED IN THE HEALTH CARE CENTER TO RESIDENTS WHO MAY NEED TO REGAIN THEIR STRENGTH AFTER A JOINT REPLACEMENT, A SURGERY OR OTHER HOSPITALIZATION. THE HEALTH CARE CENTER HAS 44 PRIVATE ROOMS FOR NURSING CARE, IS LICENSED AS COMPREHENSIVE CARE, AND HAS AN ANNUAL ESTIMATED 12,000 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 26 PERMANENT AND TEMPORARY LIFECARE RESIDENTS AND 8 PER DIEM RESIDENTS.

Program 3
Expenses: $1,798,509 Revenue: $2,064,826

ASSISTED LIVING - COMPRISED OF RESIDENTIAL CARE AND MEMORY CARE, OUR ASSISTED LIVING-LEVEL OF SERVICE OFFERS A TRANSITION BETWEEN INDEPENDENT LIVING AND THE HEALTH CARE CENTER. FOR RESIDENTS WITH...

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ASSISTED LIVING - COMPRISED OF RESIDENTIAL CARE AND MEMORY CARE, OUR ASSISTED LIVING-LEVEL OF SERVICE OFFERS A TRANSITION BETWEEN INDEPENDENT LIVING AND THE HEALTH CARE CENTER. FOR RESIDENTS WITH TEMPORARY OR PERMANENT PHYSICAL OR COGNITIVE CHALLENGES WHO ARE STILL SAFE AND COMFORTABLE WITH AN AUTONOMOUS LIFESTYLE, RESIDENTIAL CARE CAN OFFER JUST ENOUGH SUPPORT AND SAFETY WITHOUT TOO MUCH INTERVENTION. AS A RESULT OF RENOVATIONS COMPLETED IN DECEMBER 2019, THE COMMUNITY OFFERS 15 RESIDENTIAL CARE APARTMENTS AND 26 MEMORY CARE APARTMENTS FOR RESIDENTS WITH AN ESTIMATED ANNUAL 12,190 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 33.4 RESIDENTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $148,567
Program Service Revenue $27,986,123
Investment Income $793,647
Other Revenue $228,323
TOTAL REVENUE $29,156,660

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,082,854
Fundraising Expenses $128,205
Program Expenses $24,511,972
Other Expenses $17,847,257
TOTAL EXPENSES $29,930,111

Year-over-Year Comparison

2022 2021 Change
Revenue $29,156,660 $27,515,063 +0.1%
Expenses $29,930,111 $27,801,608 +0.1%
Net Income $-773,451 $-286,545 +1.7%
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
15
Independent Members
15
Employees
309
Volunteers
22

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
$460,671
Total Directors
19
$0
Key Employees
1
$179,738
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A SECRETARY (Until 7/22) 0.9
Officer Director
$0 $0 $0
N/A CHAIR 0.9
Officer Director
$0 $0 $0
N/A VICE CHAIR 0.9
Officer Director
$0 $0 $0
N/A TREASURER 0.9
Officer Director
$0 $0 $0
N/A Secretary 0.9
Officer Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A MEMBER AT LARGE (TERM END 12/22) 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER (TERM END 12/22) 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A BOARD MEMBER (TERM END 12/22) 0.9
Director
$0 $0 $0
N/A BOARD MEMBER 0.9
Director
$0 $0 $0
N/A Interim CFO (7/22-12/22) 39.7
Officer
$148,363 $0 $148,363
N/A PRESIDENT 39.7
Officer
$283,050 $29,258 $312,308
N/A NURSING ADMINISTRATOR 40.0
Key Emp
$161,317 $18,421 $179,738
N/A DIRECTOR OF NURSING 40.0
Highest
$129,066 $16,495 $145,561
N/A DIRECTOR OF FINANCE 40.0
Highest
$123,099 $24,861 $147,960
N/A DIRECTOR OF IT 40.0
Highest
$133,961 $23,275 $157,236
N/A VP, OPERATIONS 40.0
Highest
$136,872 $11,080 $147,952
N/A VP, MARKETING 40.0
Highest
$157,289 $26,720 $184,009
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 No data No data No data No data
2023 $29,156,660 $29,930,111 $139,980,404 $-773,451
2022 $27,515,063 $27,801,608 $142,420,083 $-286,545
2021 $22,757,104 $24,449,635 $134,409,121 $-1,692,531
2020 $22,333,241 $23,841,206 $111,921,579 $-1,507,965
2019 $24,002,024 $22,659,060 $96,045,489 $1,342,964
2018 $23,483,288 $20,581,633 $78,304,984 $2,901,655
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