Mission
WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.
Public Charity
WELL-SPRING RETIREMENT COMMUNITY INC
WELL-SPRING RETIREMENT COMMUNITY INC is a nonprofit organization categorized as Public Charity based in GREENSBORO, NC. Its most recent IRS filing (2024) reports revenue of $43.0M, expenses of $41.4M, total assets of $139.1M. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $2.7M.
EIN: 561497371
GREENSBORO, NC
Supportive Housing for Older Adults
NTEE: P75
Latest filing: 2024
Total Revenue$43.0M
Total Expenses$41.4M
Total Assets$139.1M
Grant Records22
Funding Total$2.7M
Filing Years2019–2024
Where $100 goes at Well-Spring Retirement Community Inc
How Well-Spring Retirement Community Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$90
Programs
the work itself
$10
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $90 for programs
$90
Well-Spring Retirement Community Inc well-spring a north carolina nonprofit corporation was organized for the purpose of operating a continuing care retirement community
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$675,244
GENERAL SUPPORT
$150,000
For grant recipient's exempt purposes
$27,360
GENERAL SUPPORT
$13,340
GENERAL SUPPORT
$11,000
Showing up to 5 of 22 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Anthony Boyd
BOARD MEMBER
Barry Canner
BOARD MEMBER
Ben Zuraw
BOARD MEMBER
Bob Chandler
BOARD MEMBER
Bob Powell
BOARD MEMBER
Bonnie Mcalister
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $43.0M | $41.4M | $139.1M |
| 2023 | $39.9M | $41.1M | $138.7M |
| 2022 | $36.7M | $36.9M | $137.4M |
| 2020 | $33.2M | $31.2M | $121.9M |
| 2019 | $33.0M | $30.6M | $118.1M |
Between 2019 and 2024, reported annual revenue grew from $33.0M to $43.0M (+30%), with total assets most recently reported at $139.1M.
Interactive year-over-year charts and full filing details available with membership.