Goodwin House Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT AND EXTEND THE CHARITABLE AND BENEVOLENT MISSION AND PURPOSES OF GOODWIN HOUSE INCORPORATED BY DEVELOPING ADDITIONAL RETIREMENT COMMUNITIES IN THE GREATER NORTHERN VIRGINIA AREA.
- Income
- $281,848
- Spending
- $365,225
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Volunteers
- 6
- Highest pay
- $636,070, ghi ceo
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 82 out of 100. Higher than 78% of charities in its peer group (housing, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 30% of income.
Income trend
15 of 15Income rose 6% on the year before.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 80% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 256 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- GOODWIN HOUSE DEVELOPMENT CORPORATION (GHDC) - PROVIDES SUPPORT AND EXTENDS THE CHARITABLE AND BENEVOLENT MISSION AND PURPOSES OF GOODWIN HOUSE INCORPORATED BY DEVELOPING ADDITIONAL RETIREMENT COMMUNITIES IN THE GREATER NORTHERN VIRGINIA AREA, AND WHOSE PRIMARY FOCUS WILL BE TO SERVE THE NEEDS OF THE ELDERLY BY PROVIDING CARE AND SERVICES IN ACCORDANCE WITH THE SAME EXEMPLARY STANDARDS ENJOYED BY THE RESIDENTS OF THE COMMUNITIES OWNED AND OPERATED BY GOODWIN HOUSE INCORPORATED. GHDC PROVIDES SERVICES IN AFFILIATION WITH THE EPISCOPAL DICESE OF VIRGINIA THROUGH THE OVERSIGHT AND COORDINATION PROVIDED THROUGH THE CORPORATION'S PARENT ORGANIZATION AND SOLE MEMBER, GOODWIN HOUSE INCORPORATED. GHDC ENGAGES IN AND CONDUCTS ALL BUSINESS NECESSARY OR SUITABLE FOR THE ACCOMPLISHMENT OF THE ABOVE PURPOSES.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on February 15, 2011 for not filing returns for three years, and reinstated on February 15, 2011.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.