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 Latest filing: 2024
Total Revenue$43.0M
Total Expenses$41.4M
Total Assets$139.1M
Grant Records22
Funding Total$2.7M
Filing Years2019–2024

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.

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

GENERAL SUPPORT
$2,098,323 11 grants
FOR TWO CERTIFIED NURSING ASSISTANTS - ACTUAL PAY AT FMV PLUS BENEFITS.
$436,812 3 grants
For grant recipient's exempt purposes
$116,800 7 grants
IN HONOR OF EXECUTIVE DIRECTOR
$100 1 grant

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.

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