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Nonprofit · EIN 23-2948992

SIMPSON MEADOWS

Tax-exempt · BALA CYNWYD, PA 19004

Financials

$6.7M$8.2M2023$6.4M$8.2M2024
Revenue Expenses · by fiscal year end
Financials of SIMPSON MEADOWS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,421,731$8,210,647-$1,788,916$14,043,211$22,650,832-$8,607,621
December 31, 2023990$6,717,354$8,182,512-$1,465,158$15,065,982$23,091,644-$8,025,662
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,750
Program service revenue
$6,107,405
Investment income
$291,403
Net gain from sales of assets
$226,475
Other revenue
$20,173

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,590,490
Salaries, compensation and benefits (total)
$3,060,621
Professional fundraising fees
$0
Legal fees
$77,873
Accounting fees
$30,535
Occupancy
$472,482
Travel
$5,189
Depreciation
$906,694
Program services (functional)
$6,327,102
Management and general (functional)
$1,883,545

Balance sheet and other

Total assets, start of year
$15,065,982
Total assets, end of year
$14,043,211
Total liabilities, end of year
$22,650,832
Net assets, end of year
-$8,607,621
Land, buildings and equipment
$6,357,077
Publicly traded securities
$2,879,602
Net assets without donor restrictions
-$10,321,820
Net assets with donor restrictions
$1,714,199
Gross receipts
$6,606,921
Employees
173
Volunteers
18
Year formed
1998
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
CAROL MCKINLEYPRESIDENT/CEO
Trustee or director, Officer
1$0$415,558$15,859
KENNETH FRANIAKCHIEF FINANCIAL OFFICER
Officer
1$0$349,023$20,760
TIMOTHY MCCRACKENEXECUTIVE DIRECTOR
Highest-paid employee
40$134,776$0$5,391
LAURA KASALDIRECTOR OF SALES AND MARKETING
Highest-paid employee
40$112,387$0$15,888
RHONDA NEWSOMELPN
Highest-paid employee
40$110,919$0$6,952
MEREDITH OKENQUISTCHAIR
Trustee or director, Officer
1$0$0$0
MICHELLE GOLLAPALLIIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
RICK HELLBERGTREASURER
Trustee or director, Officer
1$0$0$0
DALINDA LOVESECRETARY
Trustee or director, Officer
1$0$0$0
REV DAVID W BROWNDIRECTOR
Trustee or director
1$0$0$0
JOHN P DIMAGGIODIRECTOR
Trustee or director
1$0$0$0
ALAIN DUROSEAUDIRECTOR
Trustee or director
1$0$0$0
MICHAEL SHARPDIRECTOR
Trustee or director
1$0$0$0
MARCIA STANFORDDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAROL MCKINLEYPRESIDENT/CEO
Trustee or director, Officer
1$0$476,276$13,199
KEN FRANIAKCHIEF FINANCIAL OFFICER
Officer
1$0$333,645$24,059
DOUGLAS FLASHERCHIEF OPERATING OFFICER
Officer
1$0$188,014$10,042
TIMOTHY MCCRACKENEXECUTIVE DIRECTOR
Highest-paid employee
40$130,067$0$4,642
LAURA KASALDIRECTOR OF SALES AND MARKETING
Highest-paid employee
40$109,348$0$22,665
MICHELLE GOLLAPALLICHAIR
Trustee or director, Officer
1$0$0$0
MEREDITH OKENQUISTVICE CHAIR
Trustee or director, Officer
1$0$0$0
DALINDA LOVESECRETARY
Trustee or director, Officer
1$0$0$0
RICK HELLBERGTREASURER
Trustee or director, Officer
1$0$0$0
REV JAMES D ANDERMANIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
JOHN DIMAGGIODIRECTOR
Trustee or director
1$0$0$0
REV DAVID W BROWNDIRECTOR
Trustee or director
1$0$0$0
REV JOANNE MILESDIRECTOR
Trustee or director
1$0$0$0
ALAIN DUROSEAUDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
150 MONUMENT RD STE 202, BALA CYNWYD, PA 19004-1725
In care of
% JOHN H POTTS
Principal officer (990 for 2024)
CAROL E MCKINLEY, 150 MONUMENT ROAD 202, BALA CYNWYD, PA 19004
Signed the 990
KENNETH R FRANIAK, CFO
Phone
(610) 660-0112
Return prepared by
GRASSI & CO CPA'S PC

Mission

SIMPSON MEADOWS IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE, AND INTEGRITY. CONTINUED ON SCHEDULE O.WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 54 PERSONAL CARE SUITES, 18 OF WHICH ARE DEDICATED TO DEMENTIA CARE. SIMPSON MEADOWS' OPERATIONS ARE LOCATED IN THE TOWNSHIP OF EAST CALN, CHESTER COUNTY, PA. ITS PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES.
    Expenses $6,327,102 · revenue $6,107,405

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
23-2948992
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$14,043,211
Income (IRS master file)
$6,606,921

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,421,731$8,210,647$14,043,211XML
990December 2023$6,717,354$8,182,512$15,065,982XML
990December 2022$6,573,253$7,972,270$15,227,500IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 23-2948992).

Questions about SIMPSON MEADOWS

What is the EIN of SIMPSON MEADOWS?
The employer identification number (EIN) of SIMPSON MEADOWS is 23-2948992.
Is SIMPSON MEADOWS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to SIMPSON MEADOWS tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SIMPSON MEADOWS 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 SIMPSON MEADOWS 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 SIMPSON MEADOWS 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 SIMPSON MEADOWS?
The 990 for the year ended December 31, 2024 names CAROL E MCKINLEY.
Who are the officers and directors of SIMPSON MEADOWS?
The 990 for the year ended December 31, 2024 lists 14 people; 3 received compensation from the organization.
How much revenue does SIMPSON MEADOWS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,421,731, expenses of $8,210,647 and total assets of $14,043,211 at year end.

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