Public Charity

AVERY POINT INC

Based in RICHMOND, VA, AVERY POINT INC operates as a Public Charity. The organization reported $27.1M in revenue, $29.0M in expenses, $185.7M in total assets for fiscal year 2024.

EIN: 922254866 RICHMOND, VA Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2024
Total Revenue$27.1M
Total Expenses$29.0M
Total Assets$185.7M
Grant Records0
Filing Years2023–2024

Mission

MISSION STATEMENT - HOME IS BELONGING, PEACE OF MIND, LOVE AND ACCEPTANCE. WELCOME HOME!VISION STATEMENT - AVERY POINT, INC. CELEBRATES AGING! GROUNDED IN INCLUSION, INNOVATION AND ADVOCACY, WE CREATE UNPARALLELED VALUE AND OPPORTUNITIES FOR EVERY LIFE WE TOUCH. AS PART OF THE NATIONAL SENIOR COMMUNITIES ENTERPRISE, WE LEVERAGE OUR STRONG FINANCIAL FOUNDATION AND GOVERNANCE FOR THE BENEFIT OF SENIORS AND THOSE WHO SUPPORT THEM.

Where $100 goes at Avery Point Inc

How Avery Point Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$74 Programs the work itself
$26 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 $74 for programs

$74
Avery Point provides services needed by senior residents, who reside in 518 independent living units
All program spending · Reported in the filing: 518 units
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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

SALES COUNSELOR Alyssa Himes
DIRECTOR Barbara C Bisgaier
EXECUTIVE DIRECTOR (BEG 10/24) Bryan Bee
ASSISTANT TREASURER (THRU 3/31/24) Chris Rathmann
TREASURER Eileen G Erstad
CHAIR & PRESIDENT Ian L Brown

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $27.1M $29.0M $185.7M
2023 $8.8M $11.1M $126.6M

Between 2023 and 2024, reported annual revenue grew from $8.8M to $27.1M (+206%), with total assets most recently reported at $185.7M.

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

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