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Nonprofit · EIN 23-2499121

WHITE HORSE VILLAGE INC

Also known as HEALTHCARE CTR AT WHITE HORSE VLG

Tax-exempt · NEWTOWN SQ, PA 19073

Financials

$41.9M$38.5M2023$47.5M$40.4M2024
Revenue Expenses · by fiscal year end
Financials of WHITE HORSE VILLAGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$47,456,210$40,430,046$7,026,164$154,010,373$115,764,524$38,245,849
December 31, 2023990$41,861,252$38,539,994$3,321,258$151,054,814$115,874,775$35,180,039
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$179,126
Program service revenue
$43,538,848
Investment income
$3,408,304
Net rental income
$20,738
Net gain from sales of assets
$2,035,845
Net income from sales of inventory
$112,942
Other revenue
$329,932

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,235,369
Other salaries and wages
$12,456,639
Salaries, compensation and benefits (total)
$18,366,520
Professional fundraising fees
$0
Legal fees
$86,979
Accounting fees
$68,847
Occupancy
$2,672,323
Travel
$25,797
Depreciation
$6,814,681
Program services (functional)
$32,774,983
Management and general (functional)
$7,655,063

Balance sheet and other

Total assets, start of year
$151,054,814
Total assets, end of year
$154,010,373
Total liabilities, end of year
$115,764,524
Net assets, end of year
$38,245,849
Land, buildings and equipment
$93,665,091
Publicly traded securities
$39,546,717
Net assets without donor restrictions
$38,245,849
Gross unrelated business income
$3,973
Gross receipts
$58,058,516
Employees
565
Volunteers
151
Year formed
1989
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL JOSEPH SHAWPRESIDENT/CEO
Officer
38$265,464$13,972$29,234
SUSAN ABTOUCHEVP OF SALES & MISSION ENHANCEMENT
Officer
24$109,057$72,705$43,015
TACI DAMSTEDTSENIOR DIRECTOR OF FINANCE
Officer
36$155,421$17,270$48,928
CRYSTAL WYDLERSR. DIRECTOR OF HR/COMPLIANCE
Key employee
40$164,453$0$29,139
LEONARD WEISERFORMER PRESIDENT/CEO
Former
0$158,737$0$0
SUSAN LEWISMANAGER IT
Highest-paid employee
40$115,737$0$21,650
JENNIFER FERGUSONDIRECTOR OF NURSING SERVICE
Highest-paid employee
40$125,148$0$8,500
ERIC WEESTRN SUPERVISOR
Highest-paid employee
40$111,730$0$19,924
KATHY L HYNSONLPN OP LEAD
Highest-paid employee
40$103,175$0$21,715
RYAN D FORTUNESENIOR DIRECTOR PROPERTY & FACILITIES
Officer
40$110,386$0$13,621
RYLLINDIS FUALEMRN SUPERVISOR
Highest-paid employee
40$107,665$0$5,584
ANDREA CANTYMAGLISR. DIRECTOR HEALTH CARE SERVICES
Officer
40$99,312$0$8,602
MICHAEL J HAMMONDCHAIR
Trustee or director, Officer
1$0$0$0
JOAN DEMING-MURPHYVICE-CHAIR
Trustee or director, Officer
1$0$0$0
ALBERT DEANATREASURER - AS OF 04/24
Trustee or director, Officer
1$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
MARY LOU MCLAUGHLINDIRECTOR
Trustee or director
1$0
URSULA SIEBENEICHDIRECTOR
Trustee or director
1$0
GEORGE HUANGDIRECTOR
Trustee or director
1$0
KENNETH FRANTZDIRECTOR - AS OF 04/24
Trustee or director
1$0
ANGELA DAVENPORT-SHAKURDIRECTOR
Trustee or director
1$0
STEPHANIE CORYDIRECTOR - AS OF 01/24
Trustee or director
1$0
NORMAN LEDWINDIRECTOR - AS OF 04/24
Trustee or director
1$0
STEVE VIDEONDIRECTOR - AS OF 04/24
Trustee or director
1$0
CHERYL KILEYDIRECTOR - AS OF 07/24
Trustee or director
1$0
CATHERINE MIKUSDIRECTOR - AS OF 07/24
Trustee or director
1$0
ANTHONY BUIVIDASDIRECTOR - AS OF 07/24
Trustee or director
1$0
990 for the year ended December 31, 2023: 26 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LEONARD WEISERPRESIDENT & CEO (TO 06/23)
Officer
38$336,349$21,470$34,269
SUSAN ABTOUCHEVP MISSION ENHANCEMENT
Officer
24$76,661$57,831$57,800
TINA BOUKALISVP RESIDENT SERVICES (TO 7/23)
Key employee
40$173,559$0$17,440
WENDY PATTONDIRECTOR OF SALES
Highest-paid employee
40$105,812$0$22,592
TACI DAMSTEDTSENIOR DIRECTOR OF FINANCE
Officer
40$105,107$0$22,698
JENNIFER FERGUSONDIRECTOR OF NURSING SERVICES
Highest-paid employee
40$114,814$0$8,319
CRYSTAL WYDLERSR. DIRECTOR OF HR/COMPLIANCE
Highest-paid employee
40$102,087$0$18,148
MARK WASSERMANVP OF FINANCE & CFO (TO 04/23)
Officer
36$100,937$1,020$16,750
CATHERINE O'NEILLRN SUPERVISOR
Highest-paid employee
40$100,017$0$11,533
KATHLEEN AFKHAMI-ARDEKANIPRESIDENT & CEO (FROM 7/23 TO 11/23)
Officer
38$93,279$11,529$0
JANICE SULLIVANRN
Highest-paid employee
40$100,374$0$4,101
MICHAEL JOSEPH SHAWPRESIDENT & CEO (AS OF 12/23)
Officer
38$16,155$0$0
PAMELA L HANSENCHAIR
Trustee or director, Officer
1$0$0$0
HELENA I CIECHANOWSKI JDVICE CHAIR & SECRETARY
Trustee or director, Officer
1$0$0$0
MICHAEL B MAGNAVITA CPATREASURER
Trustee or director, Officer
1$0$0$0
ROBERT J BRUCEDIRECTOR
Trustee or director
1$0$0$0
MICHAEL HAMMONDDIRECTOR
Trustee or director
1$0$0$0
URSULA SIEBENEICHDIRECTOR
Trustee or director
1$0$0$0
GREGORY NOWELL AIAM CCMDIRECTOR
Trustee or director
1$0$0$0
DIKRAN KASSABIANDIRECTOR
Trustee or director
1$0$0$0
JOAN DEMING-MURPHYDIRECTOR
Trustee or director
1$0$0$0
MARY LOU MCLAUGHLINDIRECTOR
Trustee or director
1$0$0$0
GEORGE HUANGDIRECTOR
Trustee or director
1$0$0$0
ANGELA DAVENPORTDIRECTOR (AS OF 10/23)
Trustee or director
1$0$0$0
SARAH OWENSDIRECTOR (TO 06/23)
Trustee or director
1$0$0$0
WILLIAM KENNEDY JDDIRECTOR (TO 06/23)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
535 GRADYVILLE RD, NEWTOWN SQ, PA 19073-2812
Principal officer (990 for 2024)
MICHAEL SHAW, 535 GRADYVILLE RD, NEWTOWN SQUARE, PA 19073
Signed the 990
NATHAN NILES, VP OF FINANCE AND IT
Phone
(610) 558-5000
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

WE INTENTIONALLY CREATE OPPORTUNITIES FOR EXTRAORDINARY LIVING IN A VIBRANT, DIVERSE COMMUNITY THROUGH PERSONAL GROWTH, CONNECTEDNESS, AND RELATIONSHIPS.

990 for the year ended December 31, 2024

Program accomplishments

  • LOCATED ON NEARLY ONE HUNDRED ACRES IN NEWTOWN SQUARE, PA, WHITE HORSE VILLAGE OFFERS A BEAUTIFUL, TRANQUIL SETTING SURROUNDED BY URBAN CENTERS AND NEARBY ATTRACTIONS, INCLUDING NEIGHBORING RIDLEY CREEK STATE PARK, LONGWOOD GARDENS, VALLEY FORGE NATIONAL HISTORICAL PARK, KING OF PRUSSIA MALL, AND CENTER CITY PHILADELPHIA. RESIDENTS ENJOY AN ABUNDANCE OF RECREATIONAL OPPORTUNITIES WITH THE CONVENIENCE OF MANY ON-SITE SERVICES, FROM BANKING TO SALON, AT THEIR FINGERTIPS.WHITE HORSE VILLAGE IS AN ACTIVE SENIOR LIVING COMMUNITY OFFERING 331 INDEPENDENT RESIDENCE OPTIONS, AND A TWO-STORY HEALTHCARE CENTER FEATURING 55 PRIVATE SKILLED NURSING ROOMS, 48 PERSONAL CARE SUITES, AND 20 PRIVATE ROOMS IN A MEMORY SUPPORT NEIGHBORHOOD. WE ARE PROGRESSIVE IN OUR THOUGHTS AND ACTIONS AND PASSIONATE ABOUT LEADING THE WAY IN OUR APPROACH TO INNOVATIVE AND SUSTAINABLE LIVING. AS A NONPROFIT ORGANIZATION, WHITE HORSE VILLAGE REINVESTS EARNINGS BACK INTO THE ORGANIZATION TO FURTHER OUR MISSION AND VISION.WHITE HORSE VILLAGE INC. PROVIDES CARE UNDER LIFE CARE CONTRACTS TO APPROXIMATELY 500 ADULTS, ALL OVER THE AGE OF 62. UNDER THESE CONTRACTS, WHITE HORSE VILLAGE INC. PROVIDES HOUSING, MEALS, UTILITIES, MAINTENANCE, AND CERTAIN MEDICAL SERVICES TO THESE RESIDENTS. AS PART OF ITS EFFORTS TO SUPPORT THE SURROUNDING COMMUNITY, WHV HAS INVITED THE RESIDENTS OF A NEIGHBORING 55 AND OVER COMMUNITY TO PARTICIPATE IN WHV'S LIFESTYLE AND EVENTS. WHV COLLECTS A MODEST MONTHLY FEE FROM THE 55 AND OVER COMMUNITY AND IN EXCHANGE, ITS RESIDENTS GAIN ACCESS TO WHV'S WELLNESS PROGRAMS AND OUTPATIENT CLINIC WHERE THEY CAN RECEIVE MEDICAL TREATMENT INCLUDING VACCINATIONS FOR COVID19 AND THE FLU.
    Expenses $32,774,983 · revenue $43,538,848

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2499121
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Exempt since
1988
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$154,010,373
Income (IRS master file)
$58,058,516

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$47,456,210$40,430,046$154,010,373IRS
990-TDecember 2024–––IRS
990December 2023$41,861,252$38,539,994$151,054,814XML
990-TDecember 2023–––IRS
990December 2022$41,165,001$37,033,264$143,575,217IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2499121).

Questions about WHITE HORSE VILLAGE INC

What is the EIN of WHITE HORSE VILLAGE INC?
The employer identification number (EIN) of WHITE HORSE VILLAGE INC is 23-2499121.
Is WHITE HORSE VILLAGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Which annual return does WHITE HORSE VILLAGE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WHITE HORSE VILLAGE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WHITE HORSE VILLAGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WHITE HORSE VILLAGE INC?
The 990 for the year ended December 31, 2024 names MICHAEL SHAW.
Who are the officers and directors of WHITE HORSE VILLAGE INC?
The 990 for the year ended December 31, 2024 lists 26 people; 12 received compensation from the organization, the highest $265,464 (MICHAEL JOSEPH SHAW, PRESIDENT/CEO).
How much revenue does WHITE HORSE VILLAGE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $47,456,210, expenses of $40,430,046 and total assets of $154,010,373 at year end.

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