In addition to this prestigious honor, The Arbor at Galloway Ridge has joined the list of only 19% of US skilled-nursing facilities to be considered as a Best Nursing Home by US News & World Report in November of 2019. To receive both honors in the same calendar year speaks volumes to the professionalism and quality of care we provide to every member of our Galloway Ridge family.
With a nod to fiscal responsibility, 2019 was a year of smart actions, as Galloway Ridge saw an annualized savings of $800,000 in interest expense thanks to the successful refinancing of our 2010A bonds. At the same time, our revenue has remained steady, as have the generous donations to our charitable funds. Please read more about these funds and other specifics in the report.
Our world has faced extraordinary trials in 2020 to which we must continue to adjust and address, and we are confident that our residents and employees are up to the task. With almost 23 ,000 volunteer hours in 2019 and continued support to our charitable funds, we are in good position to handle whatever comes our way.
We want to again express our gratitude to our many contributors for their continued support and altruism. They are the heart and soul of this community, turning our mission into action. We refer you to the annual report for a comprehensive list of donors.
May we all see continued health, safety, and unity through the year.