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Massachusetts · Nonprofit

EDGEWOOD RETIREMENT COMMUNITY INC

EDGEWOOD RETIREMENT COMMUNITY INC (Massachusetts) receives grants from 1 organization whose IRS filings report $39,649 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($39,649). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$32M
Funders on record
1
Grants received
$40k
Net assets
$-23901177
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Edgewood Retirement Community Inc does

Mission

The organization offers independent living, healthcare and supportive services to empower members to be architects of their own well-being. The organization accomplishes this by a relentless pursuit of a caring culture with passionate attention to individual needs and values.

As stated on its FY2024 Form 990.

Program

  1. The community consists of 217 residential units, 24 cottages, common space, 40 nursing care beds and 40 assisted living beds. The community operates under the "life care" concept in which residents enter into a residency agreement which requires payment of a one-time entrance fee and monthly service fees. These payments entitle residents to the use and privileges of the community for life. Edgewood also operates the woodlands inn which is an assisted living facility. The inn is a community that consists of 40 units.

    $27,595,373 spent$29,659,388 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $27,595,373.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($24M) Expenses 100 ($24M)2018 Revenue 102 ($25M) Expenses 103 ($25M)2019 Revenue 107 ($26M) Expenses 111 ($27M)2020 Revenue 122 ($29M) Expenses 115 ($28M)2021 Revenue 116 ($28M) Expenses 116 ($28M)2022 Revenue 118 ($29M) Expenses 117 ($28M)2023 Revenue 123 ($30M) Expenses 123 ($30M)2024 Revenue 132 ($32M) Expenses 125 ($30M)
'17'18'19'20'21'22'23'24
Revenue (132)Expenses (125)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $144M to $155M (+7%).

$132M
$132M
$133M
$135M
$138M
$134M
$144M
$155M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 9% · 2021 0%. Grants only. Government contracts and fees sit inside program revenue.

1% of EDGEWOOD RETIREMENT COMMUNITY INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (21% for the typical peer).

This organization
Typical peer · 3,400 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

−$80k
’17
−$378k
’18
−$872k
’19
$1.7M
’20
$120k
’21
$177k
’22
−$150k
’23
$1.5M
’24
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Thomas Smith

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed2529252624262626
Joined·+7+4+5+1+8+4+6
No longer listed·3843646
03Who funds it

Who funds it, year by year

2017 → 2020: the base held at 1 funder, grant income fell $26k → $9k.

Funder
'17
'18
'20
total
funders
1
1
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EDGEWOOD RETIREMENT COMMUNITY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of EDGEWOOD RETIREMENT COMMUNITY INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $40k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

EDGEWOOD RETIREMENT COMMUNITY INC holds deeper cash reserves than three-quarters of the 3,288 human services nonprofits its size.

Operating margin5% · above the median
Months of reserve4.3mo · top quartile
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 3,288 human services nonprofits $10M–$100M, FY2024

Government funding EDGEWOOD RETIREMENT COMMUNITY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $700k on record.

State$700k
18
25
Top programs
  • (PP) STATE AID/POL SUB$700k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like EDGEWOOD RETIREMENT COMMUNITY INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

16
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

96%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 2 related entities

  • Edgewood Senior Solutions Group Inc · exempt
  • The Baldwin Senior Living · exempt

Screen this organization

A dated, signed PDF of the compliance screen for EDGEWOOD RETIREMENT COMMUNITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds EDGEWOOD RETIREMENT COMMUNITY INC?
EDGEWOOD RETIREMENT COMMUNITY INC (Massachusetts) receives grants from 1 organization whose IRS filings report $39,649 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($39,649). 1 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does EDGEWOOD RETIREMENT COMMUNITY INC have?
IRS filings report 1 organization giving $39,649 in grants to EDGEWOOD RETIREMENT COMMUNITY INC, 1 of which have funded it in more than one year.
Who is the largest funder of EDGEWOOD RETIREMENT COMMUNITY INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $39,649 in grants. The full list of funders is on this page.
How can an organization like EDGEWOOD RETIREMENT COMMUNITY INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing