Public Charity

ASBURY ATLANTIC INC

ASBURY ATLANTIC INC is a Public Charity headquartered in FREDERICK, MD. Financial data from the 2024 filing: $212.9M revenue, $186.3M expenses, $566.1M total assets. 15 publicly reported grants to this organization, totaling roughly $46.7M, appear in IRS filings.

EIN: 520607956 FREDERICK, MD Supportive Housing for Older Adults NTEE: P75 Latest filing: 2024
Total Revenue$212.9M
Total Expenses$186.3M
Total Assets$566.1M
Grant Records15
Funding Total$46.7M
Filing Years2019–2024

Mission

OUR MISSION IS EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE.

Where $100 goes at Asbury Atlantic Inc

How Asbury Atlantic Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$79 Programs the work itself
$21 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 $79 for programs

$36
Residential living facilities
46% of program spending · Reported in the filing: 1,675 units
$30
Skilled nursing facilities:operation of 4 skilled nursing facilities (snf's) for the aged with 379 total beds providing 127,355 days of service in 2024
37% of program spending · Reported in the filing: 379 beds
$13
Assisted living facilities
17% of program spending
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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.

Officers & Directors

EXECUTIVE DIRECTOR (BV) Aaron Praetzel
TREASURER Andrew Jeanneret
SECRETARY Andrew Joseph
DIRECTOR Barbara Harbison
EXECUTIVE DIRECTOR (SH) Brian Grundusky
VICE CHAIR Efonda Sproles

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$45,915,784 8 grants
Unspecified
$793,588 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $212.9M $186.3M $566.1M
2023 $198.4M $183.8M $547.5M
2022 $178.6M $179.9M $527.2M
2020 $182.3M $166.6M $494.2M
2019 $174.4M $159.2M $494.5M

Between 2019 and 2024, reported annual revenue grew from $174.4M to $212.9M (+22%), with total assets most recently reported at $566.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ASBURY ATLANTIC INC

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