Goodwin House Incorporated FY2021 filing

Tax-deductible

Alexandria, VA501(c)(3)Since 1955Human ServicesEIN 54-0623670Revenue $109.5M in FY2021

On file with the IRSgoodwinliving.org4800 Fillmore Avenue, 22311-5070 · Alexandria, VATax-exempt since Dec 1959Publicly supported — 509(a)(2)

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The mission of Goodwin House Incorporated ("ghi") is to support, honor and uplift the lives of older adults and the people who care for them through a faith-based, nonprofit organization affiliated with the episcopal church.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
$4.0M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $6.1M a year · 6% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$4.0M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $821K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$354.0M
80% of total assets
Worth a look: liabilities are 80% of assets; over 65%.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$109.5M
+11% vs prior year
Spent
$96.0M
To programs
88%
Net assets
$87.8M
By yearFY2020–FY2024
Revenue
$109.5M
FY2021▲ +11%
Tap a bar for its year
Revenue by fiscal year
FY2020$98.9M
FY2021$109.5M
FY2022$119.6M
FY2023$105.1M
FY2024$114.7M
FY2024$123.2M
Expenses
$96.0M
FY2021+0.4%
Tap a bar for its year
Expenses by fiscal year
FY2020$95.6M
FY2021$96.0M
FY2022$102.3M
FY2023$109.4M
FY2024$113.8M
FY2024$120.9M
Net assets
$87.8M
FY2021▲ +61%
Tap a bar for its year
Net assets by fiscal year
FY2020$54.4M
FY2021$87.8M
FY2022$79.3M
FY2023$91.3M
FY2024$107.3M
FY2024$122.4M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $84.8M Management & general 12% · $11.2M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

34 people listed on the 990; $4.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President/CEO
$454,863Pt VII · Sec A
CFO/Treasurer-Retired 9/2021
$362,564Pt VII · Sec A
Chief Marketing & Strategy
$320,807Pt VII · Sec A
Chief Operating Officer
$311,605Pt VII · Sec A
Executive Director-Ghf
$276,968Pt VII · Sec A
Director of HR
$263,194Pt VII · Sec A
Executive Director-Gha
$237,228Pt VII · Sec A
Hospice Medical Director
$218,911Pt VII · Sec A

Robert a Liebreich’s $679K as President and CEO is at the 83rd percentile of top reported officer pay among 249 $100M+ human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Robert a Liebreich$678,774$584,689$552,110$519,988$454,863$217,413
Kathleen Anderson—————$626,220
Timothy Smith$428,557$366,318$368,211$99,303——
Lindalyn L Hutter$410,642—————
Chandra Kumar$391,466—————
Lindsay Hutter—$355,798$384,741$353,080$320,807$342,751
Richard T Carter———$317,797$362,564$340,448
Linda Lateana———$346,063$311,605$330,870

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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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers residential and healthcare services for older adults in continuing care retirement communities.

Provided by the organization

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1 program · $84.8M · in their own filed words · FY2020
01

The primary exempt purpose of ghi is achieved through the provision of a continuum of care and service for older adults at two continuing care retirement communities (CCRCS) -- goodwin house alexandria in alexandria, virginia, and goodwin house bailey's crossroads in falls church, virginia.

$84.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 5 funders →
Grants paid · 3 grants · $2.8M · 2022–2024
Goodwin House FoundationVA · FY2024$912,232
Goodwin House FoundationVA · FY2023$1,040,566
Goodwin House FoundationVA · FY2022$893,265

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$109.5M
Ln 12
Fees for servicesLn 2g$90.4M
Investment incomeLn 3$16.4M
Gifts and grantsLn 1h$2.6M
Money outPt IX
$96.0M
Ln 25
Programscol B$84.8M
Managementcol C$11.2M
Owns and owesPt X
$87.8M
net assets · Ln 32
Cash and savingsLn 1–2$18.9M
Total assetsLn 16$441.8M
LiabilitiesLn 26$354.0M
PeoplePt VI, VII
34
listed · VII A
PaidVII A17
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$2.1M
Fees for servicesLn 2g$90.4M
Investment incomeLn 3$16.4M
Other incomeLn 4–11$68K
Gains on assetsLn 7$14.2M
Total revenueLn 12$109.5M
Assets in detailPt X, end of year
CashLn 1$18.9M
Cash and savings togetherLn 1–2$18.9M
InvestmentsLn 11–13$170.7M
Land, buildings, equipmentLn 10c$200.2M
Other assetsLn 15$45.7M
Total assetsLn 16$441.8M
LiabilitiesLn 26$354.0M
Net assetsLn 32$87.8M
OperationsPt I, VI
EmployeesI 51,326
VolunteersI 6283
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$10.1M$18.9M
InvestmentsLn 11–13$165.8M$170.7M
Land, buildings, equipmentLn 10c$208.5M$200.2M
Total assetsLn 16$432.8M$441.8M
LiabilitiesLn 26$378.4M$354.0M
Net assetsLn 32$54.4M$87.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3.2M$3.2M
Other salaries and wagesLn 7$39.6M$36.7M$2.9M
Pension plan contributionsLn 8$2.2M$1.9M$287K
Other employee benefitsLn 9$4.1M$3.7M$336K
Payroll taxesLn 10$3.0M$2.7M$325K
Management feesLn 11a$5.2M$5.2M
Legal feesLn 11b$163K$163K
Accounting feesLn 11c$93K$93K
Other fees for servicesLn 11g$2.0M$2.0M
Advertising and promotionLn 12$1.5M$1.5M
Office expensesLn 13$430K$402K$28K
Information technologyLn 14$17K$17K
OccupancyLn 16$2.7M$2.7M
TravelLn 17$35K$33K$2K
Conferences, conventions and meetingsLn 19$74K$67K$7K
InterestLn 20$6.7M$6.7M
Depreciation, depletion and amortizationLn 22$16.6M$16.6M
InsuranceLn 23$803K$803K
Other expenses (24a–d)Ln 24$6.7M$5.3M$1.4M
All other expensesLn 24e$995K$747K$249K
Total functional expensesLn 25$96.0M$84.8M$11.2M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $114.7M$113.8M$883K$107.3M 990 PDF
FY2023 $105.1M$109.4M−$4.2M$91.3M 990 PDF
FY2022 $119.6M$102.3M$17.3M$79.3M 990 PDF
FY2021 Viewing $109.5M$96.0M$13.5M$87.8M 990 PDF
FY2020 $98.9M$95.6M$3.3M$54.4M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $109,508,883 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,647,817$2,591,288
I-9 Program service revenuePrior year $90,560,063$90,411,177
I-10 Investment incomePrior year $6,643,361$16,438,389
I-11 Other revenuePrior year $83,681$68,029
I-12 Total revenuePrior year $98,934,922$109,508,883
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $50,158,945$52,058,914
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $45,485,003$43,929,083
I-18 Total expensesPrior year $95,643,948$95,987,997
I-19 Revenue less expensesPrior year $3,290,974$13,520,886
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $109,508,883 across 7 lines filed
Lines not itemized here account for $183,652 of total revenue; see the IRS return.
VIII-1d Related organizations$476,080
VIII-1e Government grants$2,115,208
VIII-1h Total contributions, gifts and grants$2,591,288
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $89,598,252 · Excluded from tax $697,302$90,295,554
VIII-3 Investment incomeExcluded from tax $2,240,225$2,240,225
VIII-7 Net gain or loss on sales of assetsExcluded from tax $14,198,164$14,198,164
VIII-12 Total revenueRelated to mission $89,713,875 · Unrelated business $0 · Excluded from tax $17,203,720$109,508,883
Part IX · Statement of functional expenses $95,987,997 across 20 lines filed
IX-5 Pay of current officers, directors and key staffManagement $3,170,656$3,170,656
IX-7 Other salaries and wagesPrograms $36,676,232 · Management $2,913,874$39,590,106
IX-8 Pension plan contributionsPrograms $1,904,160 · Management $287,141$2,191,301
IX-9 Other employee benefitsPrograms $3,727,622 · Management $335,592$4,063,214
IX-10 Payroll taxesPrograms $2,718,549 · Management $325,088$3,043,637
IX-11a Management feesPrograms $5,198,400$5,198,400
IX-11b Legal feesManagement $162,541$162,541
IX-11c Accounting feesManagement $93,301$93,301
IX-11g Other fees for servicesPrograms $1,976,135$1,976,135
IX-12 Advertising and promotionManagement $1,477,717$1,477,717
IX-13 Office expensesPrograms $402,177 · Management $28,110$430,287
IX-14 Information technologyPrograms $17,471$17,471
IX-16 OccupancyPrograms $2,670,871$2,670,871
IX-17 TravelPrograms $32,866 · Management $2,097$34,963
IX-19 Conferences, conventions and meetingsPrograms $66,979 · Management $6,936$73,915
IX-20 InterestPrograms $6,740,018$6,740,018
IX-22 Depreciation, depletion and amortizationPrograms $16,561,742$16,561,742
IX-23 InsuranceManagement $803,227$803,227
IX-24 Other expenses (24a–d)Programs $5,320,589 · Management $1,372,427$6,693,016
IX-24e All other expensesPrograms $746,579 · Management $248,900$995,479
IX-25 Total functional expensesPrograms $84,760,390 · Management $11,227,607 · Fundraising $0$95,987,997
Part X · Balance sheet $441,770,291 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $10,088,485$18,877,352
X-4 Accounts receivableStart of year $5,549,780$5,171,480
X-8 Inventories for sale or useStart of year $164,536$132,917
X-9 Prepaid expenses and deferred chargesStart of year $1,340,371$982,623
X-10c Land, buildings and equipment, netStart of year $208,501,275$200,232,979
X-11 Publicly traded securitiesStart of year $130,887,064$111,696,572
X-12 Other securitiesStart of year $34,962,693$59,023,240
X-15 Other assetsStart of year $41,308,963$45,653,128
X-16 Total assetsStart of year $432,803,167$441,770,291
X-17 Accounts payable and accrued expensesStart of year $12,974,790$14,485,130
X-19 Deferred revenueStart of year $152,321,813$150,932,410
X-20 Tax-exempt bond liabilitiesStart of year $185,797,119$175,843,660
X-24 Unsecured notes and loans payable$9,057,930
X-25 Other liabilitiesStart of year $26,073,179$2,400,755
X-26 Total liabilitiesStart of year $378,368,345$353,968,791
X-27 Net assets without donor restrictionsStart of year $54,410,715$87,777,393
X-28 Net assets with donor restrictionsStart of year $24,107$24,107
X-32 Total net assets or fund balancesStart of year $54,434,822$87,801,500
X-33 Total liabilities and net assetsStart of year $432,803,167$441,770,291
Part XI · Reconciliation of net assets $87,801,500 net assets at year end
XI-1 Total revenue$109,508,883
XI-2 Total expenses$95,987,997
XI-3 Revenue less expenses$13,520,886
XI-4 Net assets at start of year$54,434,822
XI-5 Net unrealized gains (losses) on investments$18,461,694
XI-9 Other changes in net assets$1,384,098
XI-10 Net assets at end of year$87,801,500

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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