Phi Group Return EIN 41-2273452

Phi Group Return

EIN  41-2273452 Public charity (501(c)(3)) Dillsburg, PA Founded 1927
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/4/26 · see original filing: IRS
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Size
$100M+
What they do
Provides compassionate senior living communities and subsidized care for older adults in need, guided by Christian values to promote holistic well-being.
Leadership
Julianne Devaney · Area Director - Glen Meadows · $204K
Money in and out
$278.6M revenue, $271.1M expenses
Bottom line
86% program efficiency

Provides compassionate senior living communities and subsidized care for older adults in need, guided by Christian values to promote holistic well-being. For fiscal year 2024 it reported $278.6M in revenue, $271.1M in expenses, and $245.9M in net assets.Pt I

Where the money goes · FY2024
Total revenue
$278.6M
Pt VIII · Ln 12
Total expenses
$271.1M
Pt IX · Ln 25
Net assets
$245.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $7.6M
Where spending went · Part IX cols B–D
Program services $0.86 Management & general $0.14 Fundraising $0.00
Program efficiency
86%
of spending reaches programs▲ +2% vs prior filing year
Operating runway
8.0mo
months of highly liquid reserves at operating expense rate▼ -8% vs prior filing year
Surplus margin
+3%
revenue over expenses, this year▲ +43% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$278.6M
FY2024▲ +15%
Expenses
$271.1M
FY2024▲ +14%
Total assets
$873.3M
FY2024▲ +1%
Total liabilities
$627.4M
FY2024▼ -1%
Total revenue
$278.6M
Pt VIII · Ln 12
Total expenses
$271.1M
Pt IX · Ln 25
Net assets
$245.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$7.6M
Total assetsPt X · Ln 16$873.3M
Program-expense ratioPt IX · col B86%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

2 program services account for $232.4M of program spending, described in the organization's own filed words · FY2024.
01

The organizations within the phi group form a network of communities and services that meet the diverse needs of seniors in pennsylvania, maryland, delaware and southeastern ohio. The organizations foster and sponsor living facilities to provide housing, as well as a full range of healthcare and other related community services for the…

$202.0Mprogram expense
02

The organizations within the phi group provide services without charge or at amounts less than their established rates to residents who meet certain criteria under phi's charity care policy. Because the organizations do not pursue collection of amounts determined to qualify as charity care, they are not reported as revenue.

$30.4Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhi Group Return
EINHdr · item D41-2273452
Principal addressHdr · item CDillsburg, PA
Year of formationHdr · item L1927
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMay 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a14
Independent voting membersPt VI · Ln 1b14
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Area Director - Glen Meadows
$203,513Pt VII · Sec A
Snf RN Supervisor - Quincy Village
$189,730Pt VII · Sec A
Area Director - Green Ridge Village
$187,273Pt VII · Sec A
VP of Housing Operations
$184,680Pt VII · Sec A
Executive Director - Westminster Village Dover
$178,035Pt VII · Sec A
Executive Director - Pine Run Village
$175,653Pt VII · Sec A
Psl & Pims Board Member
$0Pt VII · Sec A
Psl Chair & Psl Aff. Housing Fnd Vice Chair
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Julianne Devaney$203,513
Bonnie Line$189,730$168,341
Amber Hurley$187,273$173,802
Malynda Hivner$186,265
Melissa Crawl$184,680$178,186$169,353$154,874$139,544
Wendy L Nerad$178,035$166,768
Catherine Nyandemo$176,996
Charles J Gergits$175,653

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Program service revenue$265.9M · 95%
Investment income$8.6M · 3%
Contributions & grants$3.5M · 1%
Program service revenue95%$265.9M
Investment income3%$8.6M
Contributions & grants1%$3.5M
Other revenue$693K
— government grantsLn 1e$855K
Total revenueLn 12$278.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.86 Management & general $0.14 Fundraising $0.00
Program services86%$232.4M
Management & general14%$38.6M
Fundraising$76K
Total functional expensesLn 25$271.1M

Balance Sheet

Part X · end of year
CashLn 1$12.2M
Total assetsLn 16$873.3M
Total liabilitiesLn 26$627.4M
Total net assetsLn 32$245.9M
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $180.3M · Operating expenses (Pt IX) $271.1M · Less non-cash grants $3K · Cash operating expenses/yr $271.1M
8.0 months
Where the money goes
Program services
Program services $232.4M · Total expenses $271.1M
86%
Management & General
Management & general $38.6M · Total expenses $271.1M
14%
Fundraising
Fundraising $76K · Total expenses $271.1M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $307K · Solicited contributions (3-yr avg) $2.2M
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.5M · Total revenue $278.6M
1%
Government reliance
Government grants $855K · Total revenue $278.6M
0%
Earned-income share
Program service revenue $265.9M · Total revenue $278.6M
95%
Investment reliance
Investment income $8.6M · Total revenue $278.6M
+3%
Program self-sufficiency
Program service revenue $265.9M · Total expenses $271.1M
98%
Growth & trend
Revenue growth (YoY)
This year $278.6M · Prior year $241.9M
+15%
Revenue CAGR
FY2020 $245.4M · FY2024 $278.6M
+3%
Net-asset trend (YoY)
End of year $245.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $278.6M · Expenses $271.1M
+3%
Liabilities-to-Assets
Total liabilities — · Total assets $873.3M
Net-asset ratio
Net assets $245.9M · Total assets $873.3M
28%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $154.8M · Other securities (Pt X, ln 12) $13.3M · Total assets (Pt X, ln 16) $873.3M
19%
People & payroll
Highest Reported Total Compensation
Individual Julianne Devaney · Reported title AREA DIRECTOR - GLEN MEADOWS · Highest reported compensation $204K · Total expenses $271.1M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $115.8M · Total expenses $271.1M
43%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 86%
Overhead ratio 14%
Fundraising cost ratio 2%
Revenue growth 15%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$278.6M revenue · viewing · ⤓ 990 PDF
FY2023$241.9M revenue · ⤓ 990 PDF
FY2022$218.8M revenue · ⤓ 990 PDF
FY2021$260.6M revenue · ⤓ 990 PDF
FY2020$245.4M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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