Civic Intelligence

Springhouse Inc C/O Rogerson Communities

990 • Fiscal year 2017 • EIN 04-3152499

Jan 01, 2017 to Dec 31, 2017 • Filed on Oct 30, 2018

Organization ProfileWWW.SPRINGHOUSEINFO.ORG

View Organization Page

One Florence StreetBoston, MA 02131

(617) 469-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

87th percentile

0.83x

Higher debt load relative to assets than 87% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

3.03x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

78th percentile

19%

Higher net margin than 78% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

7th percentile

$0

Higher top officer pay than 7% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

60th percentile

7.5%

Faster asset growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

60th percentile

8.1%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$30,897,511

Up $2,151,826 (+7.5%) from 2016

Net Assets

Up

$5,304,070

Up $2,447,494 (+86%) from 2016

Liabilities

Down

$25,593,441

Down $295,668 (-1.1%) from 2016

Revenue And Expenses
Liabilities / Revenue90th percentileNet Margin78th percentile

Revenue

Up

$8,456,026

Up $636,099 (+8.1%) from 2016

Expenses

Up

$6,849,739

Up $261,506 (+4.0%) from 2016

Net Income

Up

$1,606,287

Up $374,593 (+30%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$20M$0-$20MAssets 2010: $23,653,214Liabilities 2010: $26,850,392Net Assets 2010: -$3,197,1782010Assets 2011: $23,384,493Liabilities 2011: $26,151,835Net Assets 2011: -$2,767,3422011Assets 2012: $23,095,405Liabilities 2012: $25,867,681Net Assets 2012: -$2,772,2762012Assets 2013: $24,035,357Liabilities 2013: $25,572,566Net Assets 2013: -$1,537,2092013Assets 2014: $25,545,453Liabilities 2014: $26,309,999Net Assets 2014: -$764,5462014Assets 2015: $27,023,048Liabilities 2015: $26,038,814Net Assets 2015: $984,2342015Assets 2016: $28,745,685Liabilities 2016: $25,889,109Net Assets 2016: $2,856,5762016Assets 2017: $30,897,511Liabilities 2017: $25,593,441Net Assets 2017: $5,304,0702017Assets 2018: $31,386,154Liabilities 2018: $24,694,090Net Assets 2018: $6,692,0642018Assets 2019: $34,591,045Liabilities 2019: $24,645,598Net Assets 2019: $9,945,4472019Assets 2020: $35,511,858Liabilities 2020: $24,102,950Net Assets 2020: $11,408,9082020Assets 2021: $37,736,932Liabilities 2021: $22,696,635Net Assets 2021: $15,040,2972021Assets 2022: $35,790,682Liabilities 2022: $21,152,290Net Assets 2022: $14,638,3922022Assets 2023: $37,837,469Liabilities 2023: $21,703,958Net Assets 2023: $16,133,5112023Assets 2024: $35,317,791Liabilities 2024: $17,165,656Net Assets 2024: $18,152,1352024

Highlighted filing

2017

Assets$30,897,511
Liabilities$25,593,441
Net Assets$5,304,070
Open 2017 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Revenue 2010: $6,562,717Expenses 2010: $6,206,753Net Income 2010: $355,9642010Expenses 2011: $6,465,1072011Expenses 2012: $6,313,1552012Revenue 2013: $7,178,058Expenses 2013: $6,332,807Net Income 2013: $845,2512013Revenue 2014: $8,522,239Expenses 2014: $6,362,536Net Income 2014: $2,159,7032014Revenue 2015: $7,815,479Expenses 2015: $6,410,694Net Income 2015: $1,404,7852015Revenue 2016: $7,819,927Expenses 2016: $6,588,233Net Income 2016: $1,231,6942016Revenue 2017: $8,456,026Expenses 2017: $6,849,739Net Income 2017: $1,606,2872017Revenue 2018: $8,545,462Expenses 2018: $6,967,370Net Income 2018: $1,578,0922018Revenue 2019: $8,761,785Expenses 2019: $7,017,490Net Income 2019: $1,744,2952019Revenue 2020: $8,015,522Expenses 2020: $7,574,197Net Income 2020: $441,3252020Revenue 2021: $9,492,146Expenses 2021: $7,470,878Net Income 2021: $2,021,2682021Revenue 2022: $10,693,230Expenses 2022: $7,898,423Net Income 2022: $2,794,8072022Revenue 2023: $8,807,638Expenses 2023: $8,609,562Net Income 2023: $198,0762023Revenue 2024: $15,044,663Expenses 2024: $9,104,080Net Income 2024: $5,940,5832024

Highlighted filing

2017

Revenue$8,456,026
Expenses$6,849,739
Net Income$1,606,287
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Oct 30, 2018
Return Version
2017v2.3
Gross Receipts
$14,056,514
Mission and Program Overview

Mission

To operate a retirement community consisting of 52 independent living units, 61 assisted living, units and 22 dementia assisted living units.

To operate a retirement community consisting of 52 independent living units, 61 assisted living units, and 22 dementia assisted living units.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,291,979$11,603,216▲ $311,237
Investments in Publicly Traded Securities$11,700,782$11,537,105▼ $163,677
Cash and Non-Interest-Bearing Accounts$2,684,952$3,946,511▲ $1,261,559
Intangible Assets$104,535$84,018▼ $20,517
Accounts Receivable$87,988$79,238▼ $8,750
Prepaid Expenses and Deferred Charges$22,495$16,438▼ $6,057
Total Assets$28,745,685$30,897,511▲ $2,151,826
Other Assets Total$2,852,954$3,630,985▲ $778,031
Liabilities
Other Liabilities$12,741,827$13,133,581▲ $391,754
Mortgage Notes Payable Secured by Investment Property$12,485,000$11,801,111▼ $683,889
Deferred Revenue$653,873$658,695▲ $4,822
Accounts Payable and Accrued Expenses$8,409$54▼ $8,355
Total Liabilities$25,889,109$25,593,441▼ $295,668
Net Assets / Fund Balance
Unrestricted Net Assets$2,856,576$5,304,070▲ $2,447,494
Total Net Assets Fund Balance$2,856,576$5,304,070▲ $2,447,494
Total Liabilities and Net Assets / Fund Balance$28,745,685$30,897,511▲ $2,151,826

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,504,873$9,810,868$19,315,741
Other Land Buildings$154,230$1,561,132$1,715,362
Land$1,636,240-$1,636,240
Equipment$307,873$684,979$992,852
Leasehold Improvements$0$128,118$128,118
Other Assets Org$140,044--
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Georgie BuckPresident
Susan Correa SilvaVice President
Andrea TullTrustee
Julie TabermanTrustee
Mark RukavinaTrustee
Patricia BlanchTrustee
Mindy SpitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Healthcare Services Group INCHealthcare3220 TILLMAN DRIVE SUITE 300, Bensalem, PA 19020$1,261,792
Rogerson Communities INCManagementONE FLORENCE STREET, Roslindate, MA 02131$359,710
James J Welch & CoincConstruction27 CONGRESS ST, Salem, MA 01970$259,291
Mulkern Mechanical INCMaintenance79 WEST ST, Mansfield, MA 02048$248,457
Cran-marsh General ContractingContracting668 WAREHAM ST, Middleboro, MA 02346$188,888
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$7,989,369
Investment Income
$466,457
Other Revenue
$200
Change in Net Assets
$1,606,287

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,456,026
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$841,207
Total Revenue per Audited Statements
$9,297,233
Total Revenue per Form 990
$8,456,026
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,925,596
Salaries, Compensation, and Employee Benefits$2,924,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,211,981$561,664-$2,773,645
Depreciation Depletion-$750,459-$750,459
Interest-$479,981-$479,981
Fees for Services Management-$436,058-$436,058
All Other Expenses$105,135$256,990-$362,125
Insurance-$274,208-$274,208
Other Expenses$195,239$352,230-$195,239
Payroll Taxes$118,582$31,916-$150,498
Fees for Services Legal-$79,890-$79,890
Advertising-$63,864-$63,864
Fees for Services Other-$58,500-$58,500
Office Expenses-$22,753-$22,753
Fees for Services Accounting-$13,556-$13,556
Travel-$2,788-$2,788
Total Functional Expenses$3,464,882$3,384,857$0$6,849,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,849,739
Total Expenses per Audited Statements$6,849,739
Total Expenses per Form 990$6,849,739
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refund. Resident Entrance Fees$12,909,676
Accrued Expenses$149,305
Resident Deposits$58,593
Accrued Interest Payable$16,007
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Day to day operations are managed by an independent management company.”

Form 990, Part VI, Section A, Line 6

“The organization's sole member is the mount pleasant home, a massachusetts nonprofit corporation.”

Form 990, Part VI, Section A, Line 7A

“The mount pleasant home may appoint or terminate members of the board of directors.”

Form 990, Part VI, Section A, Line 7B

“The member shall have all the authority of members provided under massachusetts general laws, chapter 180, including the following reserved powers: i. Approval of any merger, consolidation, restructuring, dissolution or liquidation of the corporation, or sale or other disposition of all or substantially all of its assets; ii. Approval of any amendment to the articles of organization or by-laws of the corporation iii. Approval of any change in the philosophy, mission and values of the corporation, including, without limitation, approval of any strategic plan or initiative proposed by its governing board; iv. Approval of any auditor and annual audited financial statements of the corporation; v. Approval of any change in accounting period of the corporation; vi. Approval of any borrowing or significant changes in credit facilities in excess of ten percent (10%) of program services revenue for the most recently completed fiscal year; vii. Approval of the creation of a controlling interest in any subsidiary joint venture by or for the benefit of the corporation; and viii. Approval of transactions that involve a conflict of interest”

Form 990, Part VI, Section B, Line 11B

“The 990 is submitted to the treasurer for review before issuance. The 990 is also provided to all board members prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Annually the board is required to review and sign the conflict of interest policy.”

Form 990, Part VI, Section B, Line 15B

“The management company advises the board of directors concerning proposed compensation and comparability data with other similar top management positions in the management company's portfolio. The board documents the decision contemporaneously.”

Form 990, Part VI, Section C, Line 19

“The form 990 and financial statements are available on the massachusetts attorney general's website. All information is available upon request at the organization.”

Filing and Contact Details

Filer

Filer Name
Springhouse Inc
EIN
04-3152499
Phone
6174695800
Address
ONE FLORENCE STREET, BOSTON, MA 02131

Signing Officer

Name
Georgie Buck
Title
President
Phone
6174695800
Signed
2018-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgie Buck
Formed
1992
Legal Domicile
Ma
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
16

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Philip H Cornblatt
Phone
4107834900
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Gain on interest rate swap 108,298.”

Form 990 Part XII, Line 2C

“Responsibility for selection of an independent accountant and oversight of the annual audit is reserved by the board of trustees.”

Financial Statement Notes

PART X, LINE 2:

“The organization has been recognized by the internal revenue service ("irs") as nonprofit organization as described in section 501(c)(3) of the internal revenue code ("irc"). As such, the organization is exempt from federal income taxes pursuant to section 501(a) of the irc and no provision for income taxes has been included in the accompanying financial statements and no other tax positions must be considered for disclosure. The organization is required to file and do file tax returns with the irs and other taxing authorities. Income tax returns filed by the organization are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the internal revenue service, tax years since 2014 remain open.”

SCH D, PART XI, LINE 2D:

“Gain on interest rate swap: $108,298”

Raw XML AppendixShowing 400 of 573 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0102073
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05702561
IRS990/GrossReceiptsAmt014056514
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0274208
IRS990/InsuranceGrp/TotalAmt0274208
IRS990/IntangibleAssetsGrp/BOYAmt0104535
IRS990/IntangibleAssetsGrp/EOYAmt084018
IRS990/InterestGrp/ManagementAndGeneralAmt0479981
IRS990/InterestGrp/TotalAmt0479981
IRS990/InvestmentIncomeGrp/ExclusionAmt0364384
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0364384
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011700782
IRS990/InvestmentsPubTradedSecGrp/EOYAmt011537105
IRS990/IRPDocumentCnt038
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012185097
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011291979
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011603216
IRS990/LandBldgEquipCostOrOtherBssAmt023788313
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05600488
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt012485000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt011801111
IRS990/NetAssetsOrFundBalancesBOYAmt02856576
IRS990/NetAssetsOrFundBalancesEOYAmt05304070
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0102073
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0102073
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0732909
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022753
IRS990/OfficeExpensesGrp/TotalAmt022753
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02852954
IRS990/OtherAssetsTotalGrp/EOYAmt03630985
IRS990/OtherChangesInNetAssetsAmt0108298
IRS990/OtherExpensesGrp/Desc0FOOD SERVICE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3HOUSEKEEPING AND LAUNDR
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0352230
IRS990/OtherExpensesGrp/ProgramServicesAmt0511088
IRS990/OtherExpensesGrp/ProgramServicesAmt1322857
IRS990/OtherExpensesGrp/ProgramServicesAmt2195239
IRS990/OtherExpensesGrp/TotalAmt0511088
IRS990/OtherExpensesGrp/TotalAmt1352230
IRS990/OtherExpensesGrp/TotalAmt2322857
IRS990/OtherExpensesGrp/TotalAmt3195239
IRS990/OtherLiabilitiesGrp/BOYAmt012741827
IRS990/OtherLiabilitiesGrp/EOYAmt013133581
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0200
IRS990/OtherRevenueTotalAmt0200
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0561664
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02211981
IRS990/OtherSalariesAndWagesGrp/TotalAmt02773645
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt031916
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118582
IRS990/PayrollTaxesGrp/TotalAmt0150498
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt022495
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt016438
IRS990/PrincipalOfficerNm0GEORGIE BUCK
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
IRS990/ProgramServiceRevenueGrp/BusinessCd2623990
IRS990/ProgramServiceRevenueGrp/BusinessCd3623990
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2AMORTIZATION OF NON-REFUNDABLE EN
IRS990/ProgramServiceRevenueGrp/Desc3COMMUNITY FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07284317
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1393734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2226173
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt385145
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07284317
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1393734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2226173
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt385145
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0322709
IRS990/PYOtherExpensesAmt03748722
IRS990/PYOtherRevenueAmt0551
IRS990/PYProgramServiceRevenueAmt07496667
IRS990/PYRevenuesLessExpensesAmt01231694
IRS990/PYSalariesCompEmpBnftPaidAmt02839511
IRS990/PYTotalExpensesAmt06588233
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07819927
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01606287
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07989369
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME - 2016 AMOUNT: $ 551. 2017 AMOUNT: $ 200.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0219390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0219390
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0364384
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0308815
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0291443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0139896
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0230561
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01335099
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07989369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07496667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07507837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt03864798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07559710
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt034418381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0364384
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0308815
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0291443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0139896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0230561
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01335099
IRS990ScheduleA/InvestmentIncomeCYPct00.03710
IRS990ScheduleA/InvestmentIncomePYPct00.03290
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0551
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0751
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96290
IRS990ScheduleA/PublicSupportPY509Pct00.96710
IRS990ScheduleA/PublicSupportTotal509Amt034637771
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07989369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07496667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07507837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt03864798
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07779100
IRS990ScheduleA/Total509Grp/TotalAmt034637771
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08353953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt07806033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07799280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt04004694
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08009661
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt035973621
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09504873
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09810868
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019315741
IRS990ScheduleD/EquipmentGrp/BookValueAmt0307873
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0684979
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0992852
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06849739
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01636240
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01636240
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0128118
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0128118
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0732909
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03488470
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12471
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2140044
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDENT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST RATE SWAPS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0154230
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01561132
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01715362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0149305
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212909676
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt358593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFUND. RESIDENT ENTRANCE FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RESIDENT DEPOSITS
IRS990ScheduleD/OtherRevenueAmt0108298
IRS990ScheduleD/RevenueNotReportedAmt0841207
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt08456026

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$30,897,511
Liabilities
$25,593,441
Net assets
$5,304,070
Revenue
$8,456,026
Expenses
$6,849,739
Net income
$1,606,287
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$35.3$17.2$18.2$15.0$9.10$5.94
2023Detailed filing. Detailed filing data is available for this year.$37.8$21.7$16.1$8.81$8.61$0.20
2022Detailed filing. Detailed filing data is available for this year.$35.8$21.2$14.6$10.7$7.90$2.79
2021Detailed filing. Detailed filing data is available for this year.$37.7$22.7$15.0$9.49$7.47$2.02
2020Detailed filing. Detailed filing data is available for this year.$35.5$24.1$11.4$8.02$7.57$0.44
2019Detailed filing. Detailed filing data is available for this year.$34.6$24.6$9.95$8.76$7.02$1.74
2018Detailed filing. Detailed filing data is available for this year.$31.4$24.7$6.69$8.55$6.97$1.58
2017Detailed filing. Detailed filing data is available for this year.$30.9$25.6$5.30$8.46$6.85$1.61
2016Detailed filing. Detailed filing data is available for this year.$28.7$25.9$2.86$7.82$6.59$1.23
2015Detailed filing. Detailed filing data is available for this year.$27.0$26.0$0.98$7.82$6.41$1.40
2014Detailed filing. Detailed filing data is available for this year.$25.5$26.3$0.76$8.52$6.36$2.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$25.6$1.54$7.18$6.33$0.85
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.1$25.9$2.77$6.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.4$26.2$2.77$6.47
2010Summary only. Only limited summary data is available for this year.$23.7$26.9$3.20$6.56$6.21$0.36