SPRINGPOINT SENIOR LIVING INC Charity Report

Public IRS 990 nonprofit record

SPRINGPOINT SENIOR LIVING INC

EIN 22-3498690 · Human Services (P750)

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 $87.10 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 leaders73 people are listed in the latest report.

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

Money made simple

89.83%of revenue went to mission work87.1% of expenses · Program services

0.55%of revenue went to fundraising0.5% of expenses

$103.11spent for every $100 of revenueSpending was higher than revenue this year.

12.73%of revenue went to management and office costs12.3% of expenses

$3.00in assets for every $1 spent this yearSome assets cannot be spent right away.

4.7%of its money came from giftsOther money may come from services or investments.

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.

Worth asking: Expenses exceeded revenue by $8,069,603 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $411,893 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$259,287,063

Mission workProgram services$232,919,59989.83% of revenue87.1% of expenses

ManagementOffice and general costs$33,016,86412.73% of revenue12.3% of expenses

FundraisingAsking for donations$1,420,2030.55% of revenue0.5% of expenses

Total expenses$267,356,666103.11% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 87.1% mission · 12.3% management · 0.5% fundraisingTotal expenses: 103.11% of revenue

2023Expense mix: 86.8% mission · 12.7% management · 0.5% fundraisingTotal expenses: 107.29% of revenue

2022Expense mix: 86.6% mission · 13.0% management · 0.4% fundraisingTotal expenses: 111.12% of revenue

2021Expense mix: 86.6% mission · 13.0% management · 0.4% fundraisingTotal expenses: 111.90% of revenue

2020Expense mix: 86.3% mission · 13.3% management · 0.4% fundraisingTotal expenses: 105.99% of revenue

2019Expense mix: 86.2% mission · 13.4% management · 0.4% fundraisingTotal expenses: 105.94% of revenue

2018Expense mix: 85.7% mission · 13.8% management · 0.4% fundraisingTotal expenses: 105.37% of revenue

2017Expense mix: 85.9% mission · 13.6% management · 0.5% fundraisingTotal expenses: 102.91% of revenue

Money in and money out

Revenue$259,287,063

Expenses$267,356,666

Annual shortfall $8,069,603 Expenses were higher than revenue 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)$232,919,599 · 87.1% of expenses

Management and office costs$33,016,864 · 12.3% of expenses

Fundraising$1,420,203 · 0.5% of expenses

See all reported dollar amounts

Revenue$259,287,063

Expenses$267,356,666

Assets$803,115,490

Income$286,516,735

Contributions$12,167,374

Mission work (program services)$232,919,599

Fundraising$1,420,203

Grants given$22,500

Average grant$11,250

Management and general$33,016,864

Stocks and bonds$184,201,235

Accounting fees$801,029

Investing fees$110,638

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 · 50 hrs/week $411,893Base · Other $411,893

MICHAEL OAKESSR. VP FOUNDATION · 50 hrs/week $323,450Base $305,331 · Other $18,119

MAUREEN E CAFFERTY ESQSR. VP/GENERAL COUNSEL, SECRETARY · 50 hrs/week $93,061Base · Other $93,061

GARRETT I MIDGETTSENIOR VP/CFO, TREASURER · 50 hrs/week $92,897Base · Other $92,897

DAVID WOODWARDSENIOR VP/COO, ASSISTANT TREASURER · 50 hrs/week $75,484Base · Other $75,484

NOEMI VALENCIAREGISTERED NURSE · 50 hrs/week $44,851Base · Other $44,851

RICHARD WHITEMANLPC EXECUTIVE DIRECTOR · 50 hrs/week $39,550Base · Other $39,550

JAMES TAVORMINAVP OF SALES · 50 hrs/week $37,795Base · Other $37,795

ODESSA SADSADVP HEALTH SERVICES · 50 hrs/week $34,200Base · Other $34,200

MARYBETH KOPECVP FINANCE · 50 hrs/week $33,530Base · Other $33,530

SUSAN LIPPYLPC EXECUTIVE DIRECTOR · 50 hrs/week $16,970Base · Other $16,970

JULIA ZAUNERVP OF MARKETING (UNTIL 10/24) · 50 hrs/week $13,088Base · Other $13,088

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 (73)

ANTHONY ARGONDIZZATRUSTEE; EX-OFFICIO-PRESIDENT & CEO

MICHAEL OAKESSR. VP FOUNDATION

MAUREEN E CAFFERTY ESQSR. VP/GENERAL COUNSEL, SECRETARY

GARRETT I MIDGETTSENIOR VP/CFO, TREASURER

DAVID WOODWARDSENIOR VP/COO, ASSISTANT TREASURER

NOEMI VALENCIAREGISTERED NURSE

RICHARD WHITEMANLPC EXECUTIVE DIRECTOR

JAMES TAVORMINAVP OF SALES

ODESSA SADSADVP HEALTH SERVICES

MARYBETH KOPECVP FINANCE

SUSAN LIPPYLPC EXECUTIVE DIRECTOR

JULIA ZAUNERVP OF MARKETING (UNTIL 10/24)

SANDI KOVP OF HUMAN RESOURCES

ANNE HAYLPC EXECUTIVE DIRECTOR

MICHAEL GENTILELPC EXECUTIVE DIRECTOR

JOHN MARTINVP INFORMATION TECHNOLOGY

NANCY LYNN AVERYVICE CHAIRWOMAN - TRUSTEE - MIDDLESEX

RICHARD SCHROEDERTRUSTEE - EAST WINDSOR

MURIEL J SMITHTRUSTEE - PORTLAND POINTE

MICHAEL SERLUCOTRUSTEE

PAT REPENNTRUSTEE - MIDDLESEX

PATRICIA SCHAEFFERTRUSTEE

MAUREEN A SCHNEIDERTRUSTEE

PAUL MAZZELLATRUSTEE - PORTLAND POINTE

RAYMOND J RYANVICE CHAIRPERSON - TRUSTEE - WEST WINDSOR

RENEE R VENEZIANOTRUSTEE - FOUNDATION

MARC PLATIZKYTRUSTEE - EAST WINDSOR

RICHARD STRYKERTRUSTEE - PORTLAND POINTE

ROBERT SCHOEFFLINGTRUSTEE - PORTLAND POINTE

ROY DELLOSSOTRUSTEE - PORTLAND POINTE

SHERLEY PENROSECHAIRWOMAN - TRUSTEE - MIDDLESEX

TERRY FORMANCHAIRPERSON - TRUSTEE - WEST WINDSOR

TERRY GOLDSTEINTRUSTEE - EAST WINDSOR

THOMAS WHELANTRUSTEE

TIMOTHY M FERGESTRUSTEE - FOUNDATION

TIMOTHY M LYNCH MPA MOTRUSTEE - WEST WINDSOR

VINCENT P CELENZATRUSTEE - FOUNDATION

WILLIAM COYLETRUSTEE - MIDDLESEX

WILLIAM SAN PHILLIPSTRUSTEE - MIDDLESEX

YULIA MURPHYTRUSTEE

CHRISTIAN T KOERNERTRUSTEE - FOUNDATION

ELENA LADYGINATRUSTEE

EDGAR M COSTERTRUSTEE

DIANE BIRCHTRUSTEE - LPCS

DENISE BAGONYITRUSTEE - MIDDLESEX

DEBORAH L THOMASTRUSTEE - EAST WINDSOR

DAVID ROUSSELLTRUSTEE - EAST WINDSOR

DAVID GERRIDGETRUSTEE - LPCS

CINDY DEEVYTRUSTEE - FOUNDATION

ELLEN YUNG ODWYERTRUSTEE - PORTLAND POINTE

CARL DELLI BOVICHAIRMAN - TRUSTEE - EAST WINDSOR

BRIDGET MURPHYTRUSTEE - FOUNDATION

BARUCH FALKTRUSTEE - LPCS

BARBARA KREIDERCHAIR - TRUSTEE / LPC BOARD CHAIR

AUDREY HAIMOWITZTRUSTEE - LPCS

ANTHONY GLOCKERTRUSTEE - LPCS

ANJANA D PATELTRUSTEE

MARY LEE KLEINKAUFVICE CHAIR - TRUSTEE - EAST WINDSOR

EVAN QUARTONTRUSTEE - LPCS

GLENN MEKLESTRUSTEE - FOUNDATION

JAMES MCMULLENTRUSTEE - LPCS

JANE FROTTONCHAIRWOMAN - TRUSTEE - PORTLAND POINTE

JANE H OLCOTTTRUSTEE - PORTLAND POINTE

JESSICA L ISRAELTRUSTEE

JOHN CLARKETRUSTEE / FOUNDATION BOARD - CHAIR

JULI TOWELLTRUSTEE - LPCS

KRISTIN MCCARTHYTRUSTEE

LISA MCCRACKENTRUSTEE

LOUISE CREDETRUSTEE - MIDDLESEX

ADALIN BALLTRUSTEE - WEST WINDSOR

MARILYN SCHERFENVICE-CHAIR, TRUSTEE - PORTLAND POINTE

MARK OLEARVICE CHAIR - TRUSTEE

MARTIN LIGHTMANTRUSTEE - WEST WINDSOR

About this charity

Recognized since: January 1997
Location: 4814 OUTLOOK DR STE 201, WALL TOWNSHIP, NJ 07753-6812
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 (P750)
Grant-giving organization: Yes

SPRINGPOINT SENIOR LIVING INC

SPRINGPOINT SENIOR LIVING INC

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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