Goodwin Living

What it reported doing in 2024

The primary exempt purpose of ghi is achieved through the provision of a continuum of care and service for older adults at two continuing care retirement communities (ccrcs) -- goodwin house alexandria in alexandria, Virginia, and goodwin house bailey's crossroads in falls church, Virginia. A continuing care retirement community provides life-long care in a continuum of housing, services, and health care to older adults. In fiscal year 2025, ghi served more than 1,654 older adults ranging from 59 to 104 years of age.(see schedule o)the ccrc continuum is provided at goodwin house alexandria and goodwin house bailey's crossroads through residential living (593 apartments), assisted living (94 apartments), memory support households for residents with dementia and alzheimer's disease (26 dwellings), and nursing and rehabilitative care (149 person capacity). Construction of a five-story health care center was completed in early june 2017. Goodwin house alexandria's existing skilled nursing and memory care components were relocated into the new facility with all private rooms operating in a small house model. In fiscal year 2018, ghi completed building improvements with the addition of 12 new independent living units in february of 2018 and 11 new assisted living units in june of 2018.the ccrc continuum is also provided to older persons living in their own homes outside of goodwin house ccrcs by a new program launched by ghi in october 2014 called goodwin house at home. The purpose of goodwin house at home is to honor the choice of older adults to remain in their own homes, while providing support for them to age in the place and way they choose. At the close of fiscal year 2025, goodwin house at home had 235 members.ghi celebrated its 70th anniversary as a non-profit corporation in fiscal year 2025. Goodwin house alexandria has been in service to older adults for 56 years and goodwin house bailey's crossroads for 36 years. Both communities have achieved full five-year re-accreditation by ccac-carf, the continuing care accreditation commission-commission on accreditation of rehabilitation facilities, a nationally recognized accreditation body. Ghi and its subsidiary corporations are each governed by a volunteer, community-based board of trustees or board of directors.goodwin house home care provides companion and living support services tailored to meet resident needs. Elder care management, personal care, laundry, personal escorts to appointments, companion services, shopping, and socialization are some of the services from the goodwin house home care team. Approximately 150,000 hours of service were provided in fiscal year 2025 by 66 full-time certified nursing assistants. Goodwin house palliative care and hospice provides supportive and end-of-life care to residents and community patients and emotional support to their families, with a mission of assuring that death occurs pain-free and with dignity, and that the families of hospice patients are supported during and after the death of their loved ones. Goodwin house palliative care and hospice provided 55,953 hospice service days to 926 patients in fiscal year 2025. Goodwin house palliative care and hospice has provided hospice service to 4,698 patients in 26 years of service.goodwin house community services: ghi serves an additional 181 elder adults through goodwin house community services, a subsidiary corporation which provides management services to a sister non-profit corporation that provides housing to low and moderate income seniors in northern Virginia. Ghi provides support to the management team and board in the areas of financial oversight, bookkeeping and payroll, financial reporting, resident services, human resource management, facility management, and strategic planning.clinical pastoral education: ghi extends its charitable purpose through its nationally accredited clinical pastoral education program, which in 25 years has trained more than 355 students from acros

Financial Efficiency

• Mission deployment rate: 87%; rating input score 87
• Program expense ratio: 85.8%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 1.9%; rating input score 42; 42nd percentile among comparable filings
• Total-asset coverage ratio: 3.97; rating input score 82; 82nd percentile among comparable filings
• Liabilities to assets ratio: 0.74; rating input score 20; 20th percentile among comparable filings
• Officer compensation ratio: 4.6%; rating input score 20; 20th percentile among comparable filings

Growth

• Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
• Revenue growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
• Asset growth: 2.9% per year; rating input score 100; 20th percentile among comparable filings