New Heritage Towers

Wesley Enhanced Living Doylestown

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232366563 ✦ Warminster, PA ✦ Designated as a 501(c)(3)

Overview

What is New Heritage Towers?

New Heritage Towers is a non-profit organization that operates a continuing care retirement community in Warminster, Pennsylvania. The community, named Wesley Enhanced Living Doylestown, provides a range of services to cater to the evolving needs of senior residents. The organization consists of 210 independent living apartments, 66 personal care units, and a 60-bed skilled nursing facility. New Heritage Towers aims to promote health, welfare, and security for its residents and continually develops new programs to address their social, health, and personal needs. Their mission is to make a significant difference in the lives of their residents through excellence and innovation in aging services. The organization employs a team of 300 individuals dedicated to delivering a compelling difference in the lives of the elderly.


Official website here: www.wel.org

Is New Heritage Towers legitimate?

New Heritage Towers is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Heritage Towers submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $185,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,879,199

For more financial information, click here


Official website here: www.wel.org

What is the mission statement of New Heritage Towers?

New Heritage Towers is dedicated to enhancing the lives of its residents by delivering excellence and innovation in aging services. This non-profit organization manages a continuing care retirement community, comprised of independent living, personal care, and a skilled nursing facility. With a capacity of 210 apartments, 66 personal care units, and a 60-bed skilled nursing facility, they provide comprehensive care to cater to the evolving social, health, and personal needs of seniors. Their mission is to promote overall well-being and security for the senior population, and to develop and implement new programs and services to address their changing requirements. In 2021, the community maintained high occupancy rates, with 93.63% for independent living, 89.07% for personal care, and 85.31% for nursing.


Official website here: www.wel.org

Who is the CEO of New Heritage Towers?

Jeff Petty is the President And Ceo of New Heritage Towers. The CEO's salary of New Heritage Towers is $0 and their total compensation is $1,187,580.


Official website here: www.wel.org

What is the revenue of New Heritage Towers?

New Heritage Towers's revenue in 2022 was $18,643,459.


Official website here: www.wel.org

Who are the executives of New Heritage Towers and what are their salaries?

The average compensation at New Heritage Towers during 2022 was $23,548. There are 300 employees and 7 volunteers at New Heritage Towers.

Here are 7 key members and their salaries (New Heritage Towers's CEO's salary is $0 and their total compensation is $1,187,580):

    Jeff Petty (President And Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,164,295
  • Other: $23,285

    • Sharon Margulies (Director Of Residential Sales)
  • Compensation: $211,503
  • Related: $0
  • Other: $13,871

    • Lynne Dukert (Executive Director)
  • Compensation: $172,288
  • Related: $0
  • Other: $12,934

    • Michael Griffin (Cfo (Until 9/6/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $168,397
  • Other: $9,480

    • Arlind Sinani (Licensed Practical Nurse)
  • Compensation: $127,322
  • Related: $0
  • Other: $11,127

    • Yuehhsia Chen (Registered Nurse)
  • Compensation: $113,592
  • Related: $0
  • Other: $13,660

    • Lindita Sinani (Certified Nursing Assistant)
  • Compensation: $105,450
  • Related: $0
  • Other: $12,689


  • Official website here: www.wel.org

    Where can I find the form 990 for New Heritage Towers?

    The New Heritage Towers’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wel.org

    Learn more at the official website: www.wel.org

    Mission Statement of New Heritage Towers

    New Heritage Towers, a renowned non-profit organization, is committed to making a significant difference in the lives of its senior residents. It accomplishes this by providing excellence and innovation in aging services. The organization runs a Continuing Care Retirement Community, featuring three levels of care: Independent Living, Personal Care, and a Skilled Nursing Facility. With a total capacity of 277 units, including 210 apartments, 66 personal care units, and a 60-bed skilled nursing facility, New Heritage Towers caters to the evolving social, health, and personal needs of its aging population. The community prioritizes promoting general health, welfare, and security for its residents, and is continually developing new programs and services to meet their ever-changing requirements. New Heritage Towers' Independent Living sector enjoyed an occupancy rate of 93.63% for the year, while Personal Care and Skilled Nursing Facilities had occupancy rates of 89.07% and 85.31% respectively.

    Impact

    This information is meant to be a general summary of New Heritage Towers. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Heritage Towers makes a compelling difference in the lives of senior residents by providing excellence and innovation in aging services. The organization operates a nonprofit continuing care retirement community that offers independent living, personal care, and skilled nursing facilities. By promoting the general health, welfare, and security of its residents, New Heritage Towers aims to meet the evolving social, health, and personal needs of seniors. With high occupancy rates across its various care levels, the organization effectively serves its mission to enhance the well-being of older adults in the Warminster, PA community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $678,183
  • Program Service Revenue: $17,425,192
  • Gross Receipts: $21,197,030

    • Assets and Liabilities:
  • Total Assets: $53,550,692
  • Total Liabilities: $36,987,272
  • Net Assets: $16,563,420
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HEALTH CENTER

    Revenue

    $6,445,038

    INDEPENDENT LIVING

    Revenue

    $5,745,567

    ENTRY FEE AMORTIZATION

    Revenue

    $3,162,033

    PERSONAL CARE

    Revenue

    $1,925,289

    ASSESSMENT REVENUE

    Revenue

    $147,265

    Organization Details

    Founding Year

    1984

    Principal Officer

    Jeff Petty

    Main Address

    626 JACKSONVILLE ROAD 200, WARMINSTER, PA, 18974

    NTEE Category

    Code: P75 - Human services

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