SPRINGPOINT SENIOR LIVING INC- PARENT Charity Report

Public IRS 990 nonprofit record

SPRINGPOINT SENIOR LIVING INC- PARENT

EIN 31-1480524 · Human Services (P75Z)

What they do

OUR MISSION - to INSPIRE OUR FAMILY WITH ENDLESS OPPORTUNITIES.OUR VISION - to BE THE PREMIER PROVIDER, OFFERING EXCEPTIONAL SERVICES and INNOVATIVE PROGRAMS THAT EMPOWER THOSE WE SERVE and THOSE WHO SERVE THEM to EXPERIENCE THE BEST THAT LIFE HAS to OFFER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $55.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders29 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

50.35%of revenue went to mission work55.9% of expenses · Program services

$90.11spent for every $100 of revenueRevenue covered expenses this year.

39.76%of revenue went to management and office costs44.1% of expenses

$4.30in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $1,685,629 for ANTHONY ARGONDIZZA (TRUSTEE; EX-OFFICIO-PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$21,381,564

Mission workProgram services$10,765,63450.35% of revenue55.9% of expenses

ManagementOffice and general costs$8,500,94839.76% of revenue44.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$2,114,9829.89% of revenueShown in gray on the chart

Total expenses$19,266,58290.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 55.9% mission · 44.1% management · 0.0% fundraisingTotal expenses: 90.11% of revenue

2023Expense mix: 55.0% mission · 45.0% management · 0.0% fundraisingTotal expenses: 89.91% of revenue

2022Expense mix: 54.0% mission · 46.0% management · 0.0% fundraisingTotal expenses: 86.01% of revenue

2021Expense mix: 51.7% mission · 48.3% management · 0.0% fundraisingTotal expenses: 81.58% of revenue

2020Expense mix: 50.9% mission · 49.1% management · 0.0% fundraisingTotal expenses: 92.34% of revenue

2019Expense mix: 52.1% mission · 47.9% management · 0.0% fundraisingTotal expenses: 99.05% of revenue

2018Expense mix: 55.3% mission · 44.7% management · 0.0% fundraisingTotal expenses: 102.84% of revenue

2017Expense mix: 55.4% mission · 44.6% management · 0.0% fundraisingTotal expenses: 101.13% of revenue

Money in and money out

Revenue$21,381,564

Expenses$19,266,582

Annual surplus $2,114,982 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,765,634 · 55.9% of expenses

Management and office costs$8,500,948 · 44.1% of expenses

See all reported dollar amounts

Revenue$21,381,564

Expenses$19,266,582

Assets$82,941,234

Income$21,402,821

Mission work (program services)$10,765,634

Grants given$710,785

Average grant$88,848

Management and general$8,500,948

Stocks and bonds$4,641,454

Accounting fees$36,633

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANTHONY ARGONDIZZATRUSTEE; EX-OFFICIO-PRESIDENT & CEO · 5 hrs/week $1,685,629Base $1,273,736 · Other $411,893

GARRETT I MIDGETTSENIOR VP/CFO, TREASURER · 5 hrs/week $596,717Base $503,820 · Other $92,897

MAUREEN E CAFFERTY ESQSR. VP/GENERAL COUNSEL, SECRETARY · 5 hrs/week $582,715Base $489,654 · Other $93,061

DAVID WOODWARDSENIOR VP/COO, ASSISTANT TREASURER · 5 hrs/week $570,681Base $495,197 · Other $75,484

MARYBETH KOPECVP FINANCE · 5 hrs/week $333,932Base $300,402 · Other $33,530

RICHARD WHITEMANLPC EXECUTIVE DIRECTOR · 5 hrs/week $327,394Base $287,844 · Other $39,550

ODESSA SADSADVP HEALTH SERVICES · 5 hrs/week $300,306Base $266,106 · Other $34,200

JOHN MARTINVP INFORMATION TECHNOLOGY · 5 hrs/week $287,918Base $286,492 · Other $1,426

JAMES TAVORMINAVP OF SALES · 5 hrs/week $279,282Base $241,487 · Other $37,795

SANDI KOVP OF HUMAN RESOURCES · 5 hrs/week $272,170Base $262,670 · Other $9,500

MARY CANNONLPC EXECUTIVE DIRECTOR · 5 hrs/week $270,944Base $227,791 · Other $43,153

SUSAN LIPPYLPC EXECUTIVE DIRECTOR · 5 hrs/week $263,494Base $246,524 · Other $16,970

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (29)

ANTHONY ARGONDIZZATRUSTEE; EX-OFFICIO-PRESIDENT & CEO

GARRETT I MIDGETTSENIOR VP/CFO, TREASURER

MAUREEN E CAFFERTY ESQSR. VP/GENERAL COUNSEL, SECRETARY

DAVID WOODWARDSENIOR VP/COO, ASSISTANT TREASURER

MARYBETH KOPECVP FINANCE

RICHARD WHITEMANLPC EXECUTIVE DIRECTOR

ODESSA SADSADVP HEALTH SERVICES

JOHN MARTINVP INFORMATION TECHNOLOGY

JAMES TAVORMINAVP OF SALES

SANDI KOVP OF HUMAN RESOURCES

MARY CANNONLPC EXECUTIVE DIRECTOR

SUSAN LIPPYLPC EXECUTIVE DIRECTOR

ANNE HAYLPC EXECUTIVE DIRECTOR

MICHAEL GENTILELPC EXECUTIVE DIRECTOR

JULIA ZAUNERVP OF MARKETING (UNTIL 10/24)

THOMAS WHELANTRUSTEE

YULIA MURPHYTRUSTEE

PATRICIA SCHAEFFERTRUSTEE

MICHAEL SERLUCOTRUSTEE

ANJANA D PATELTRUSTEE

MAUREEN A SCHNEIDERTRUSTEE

MARK OLEARVICE CHAIR - TRUSTEE

LISA MCCRACKENTRUSTEE

KRISTIN MCCARTHYTRUSTEE

JOHN CLARKETRUSTEE

JESSICA L ISRAELTRUSTEE

ELENA LADYGINATRUSTEE

EDGAR M COSTERTRUSTEE

BARBARA KREIDERCHAIR - TRUSTEE

About this charity

Recognized since: January 1997
Location: 4814 OUTLOOK DRIVE 201, WALL, NJ 07753
County: Monmouth
In care of: GARRETT T MIDGETT III
Primary officer: GARRETT T MIDGETT III, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(732) 430-3650

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Human Services (P75Z)
Grant-giving organization: Yes