Civic Intelligence

Springhouse Inc C/O Rogerson Communities

990 • Fiscal year 2018 • EIN 04-3152499

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

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

86th percentile

0.79x

Higher debt load relative to assets than 86% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

89th percentile

2.89x

Higher debt load relative to revenue than 89% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

76th percentile

18%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

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.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

46th percentile

1.6%

Faster asset growth than 46% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

37th percentile

1.1%

Faster revenue growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$31,386,154

Up $488,643 (+1.6%) from 2017

Net Assets

Up

$6,692,064

Up $1,387,994 (+26%) from 2017

Liabilities

Down

$24,694,090

Down $899,351 (-3.5%) from 2017

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin76th percentile

Revenue

Up

$8,545,462

Up $89,436 (+1.1%) from 2017

Expenses

Up

$6,967,370

Up $117,631 (+1.7%) from 2017

Net Income

Down

$1,578,092

Down $28,195 (-1.8%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth46th 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

2018

Assets$31,386,154
Liabilities$24,694,090
Net Assets$6,692,064
Open 2018 Filing

Operations Trend

Revenue Growth37th 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

2018

Revenue$8,545,462
Expenses$6,967,370
Net Income$1,578,092
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$13,236,804
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
Investments in Publicly Traded Securities$11,537,105$12,259,805▲ $722,700
Land, Buildings, and Equipment, Net$11,603,216$11,193,555▼ $409,661
Cash and Non-Interest-Bearing Accounts$3,946,511$3,849,441▼ $97,070
Accounts Receivable$79,238$93,146▲ $13,908
Intangible Assets$84,018$70,969▼ $13,049
Prepaid Expenses and Deferred Charges$16,438$30,708▲ $14,270
Total Assets$30,897,511$31,386,154▲ $488,643
Other Assets Total$3,630,985$3,888,530▲ $257,545
Liabilities
Other Liabilities$13,133,581$13,115,433▼ $18,148
Mortgage Notes Payable Secured by Investment Property$11,801,111$10,977,778▼ $823,333
Deferred Revenue$658,695$591,712▼ $66,983
Accounts Payable and Accrued Expenses$54$9,167▲ $9,113
Total Liabilities$25,593,441$24,694,090▼ $899,351
Net Assets / Fund Balance
Unrestricted Net Assets$5,304,070$6,692,064▲ $1,387,994
Total Net Assets Fund Balance$5,304,070$6,692,064▲ $1,387,994
Total Liabilities and Net Assets / Fund Balance$30,897,511$31,386,154▲ $488,643

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,161,754$10,477,606$19,639,360
Other Land Buildings$107,203$1,608,159$1,715,362
Land$1,636,240-$1,636,240
Equipment$288,358$744,879$1,033,237
Leasehold Improvements$0$128,118$128,118
Other Assets Org$274,138--
Compensation and Service Providers
Top Officer Pay7th percentile

Board Members and Trustees

NameTitle
Georgie BuckPresident
Susan Correa SilvaVice President
Andrea TullTrustee
Charles R HillsTrustee
Kenneth BrooksTrustee
Mark RukavinaTrustee
Patricia BlanchTrustee
Julie TabermanClerk
Mindy SpitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Healthcare Services Group INCHealthcare3220 TILLMAN DRIVE SUITE 300, Bensalem, PA 19020$1,313,784
Rogerson Communities INCManagementONE FLORENCE STREET, Roslindate, MA 02131$367,168
Cran-marsh General ContractingContracting668 WAREHAM ST, Middleboro, MA 02346$129,789
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$8,222,069
Investment Income
$323,393
Other Revenue
$0
Change in Net Assets
$1,578,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,545,462
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-190,098
Total Revenue per Audited Statements
$8,355,364
Total Revenue per Form 990
$8,545,462
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,766,771
Salaries, Compensation, and Employee Benefits$3,200,599
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payroll Taxes$2,022,525$604,978-$2,627,503
Depreciation Depletion$580,539$193,126-$773,665
Interest$356,353$118,546-$474,899
Other Salaries and Wages$379,127$22,728-$401,855
Occupancy$373,952--$373,952
Fees for Services Management$276,424$91,957-$368,381
Office Expenses$134,089$90,131-$224,220
Other Employee Benefits-$171,241-$171,241
Other Expenses$84,161$33,615-$84,161
Insurance$58,604$19,496-$78,100
Advertising$73,918--$73,918
Fees for Services Accounting$24,175--$24,175
Fees for Services Other$15,151--$15,151
All Other Expenses$14,203--$14,203
Fees for Services Legal-$10,035-$10,035
Travel$9,401--$9,401
Total Functional Expenses$5,596,100$1,371,270$0$6,967,370

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$6,967,370
Total Expenses per Audited Statements$6,967,370
Total Expenses per Form 990$6,967,370
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$12,705,882
Accrued Expenses$340,951
Resident Deposits$52,593
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
2019-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Georgie Buck
Formed
1992
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
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 134,094.”

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 does 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 2015 remain open.”

SCH D, PART XI, LINE 2D:

“Gain on interest rate swap: $134,094”

Raw XML AppendixShowing 400 of 579 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/ActivityOrMissionDesc0TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING UNITS, AND 22 DEMENTIA ASSISTED LIVING UNITS.
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IRS990/Form990PartVIISectionAGrp/PersonNm0GEORGIE BUCK
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK RUKAVINA
IRS990/Form990PartVIISectionAGrp/PersonNm2MINDY SPITZ
IRS990/Form990PartVIISectionAGrp/PersonNm3SUSAN CORREA SILVA
IRS990/Form990PartVIISectionAGrp/PersonNm4JULIE TABERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5ANDREA TULL
IRS990/Form990PartVIISectionAGrp/PersonNm6PATRICIA BLANCH
IRS990/Form990PartVIISectionAGrp/PersonNm7CHARLES R HILLS
IRS990/Form990PartVIISectionAGrp/PersonNm8KENNETH BROOKS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-12409
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt04678933
IRS990/GrossReceiptsAmt013236804
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt019496
IRS990/InsuranceGrp/ProgramServicesAmt058604
IRS990/InsuranceGrp/TotalAmt078100
IRS990/IntangibleAssetsGrp/BOYAmt084018
IRS990/IntangibleAssetsGrp/EOYAmt070969
IRS990/InterestGrp/ManagementAndGeneralAmt0118546
IRS990/InterestGrp/ProgramServicesAmt0356353
IRS990/InterestGrp/TotalAmt0474899
IRS990/InvestmentIncomeGrp/ExclusionAmt0335802
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0335802
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt011537105
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012259805
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012958762
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011603216
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011193555
IRS990/LandBldgEquipCostOrOtherBssAmt024152317
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt04691342
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/BOYAmt011801111
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt010977778
IRS990/NetAssetsOrFundBalancesBOYAmt05304070
IRS990/NetAssetsOrFundBalancesEOYAmt06692064
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-12409
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-12409
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-324192
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0373952
IRS990/OccupancyGrp/TotalAmt0373952
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt090131
IRS990/OfficeExpensesGrp/ProgramServicesAmt0134089
IRS990/OfficeExpensesGrp/TotalAmt0224220
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03630985
IRS990/OtherAssetsTotalGrp/EOYAmt03888530
IRS990/OtherChangesInNetAssetsAmt0134094
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0171241
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0171241
IRS990/OtherExpensesGrp/Desc0RENTAL EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc3SECURITY EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015417
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt133615
IRS990/OtherExpensesGrp/ProgramServicesAmt0631326
IRS990/OtherExpensesGrp/ProgramServicesAmt1461104
IRS990/OtherExpensesGrp/ProgramServicesAmt2101048
IRS990/OtherExpensesGrp/ProgramServicesAmt384161
IRS990/OtherExpensesGrp/TotalAmt0631326
IRS990/OtherExpensesGrp/TotalAmt1476521
IRS990/OtherExpensesGrp/TotalAmt2134663
IRS990/OtherExpensesGrp/TotalAmt384161
IRS990/OtherLiabilitiesGrp/BOYAmt013133581
IRS990/OtherLiabilitiesGrp/EOYAmt013115433
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt022728
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0379127
IRS990/OtherSalariesAndWagesGrp/TotalAmt0401855
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0604978
IRS990/PayrollTaxesGrp/ProgramServicesAmt02022525
IRS990/PayrollTaxesGrp/TotalAmt02627503
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016438
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030708
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/RelatedOrExemptFuncIncomeAmt07595303
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1396606
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2185160
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt345000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07595303
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1396606
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2185160
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt345000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0466457
IRS990/PYOtherExpensesAmt03925596
IRS990/PYOtherRevenueAmt0200
IRS990/PYProgramServiceRevenueAmt07989369
IRS990/PYRevenuesLessExpensesAmt01606287
IRS990/PYSalariesCompEmpBnftPaidAmt02924143
IRS990/PYTotalExpensesAmt06849739
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt08456026
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01578092
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt08222069
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/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0335802
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0364384
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0308815
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0291443
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0139896
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01440340
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt08222069
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt07989369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07496667
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt07507837
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt03864798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt035080740
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0335802
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0364384
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0308815
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0291443
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0139896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01440340
IRS990ScheduleA/InvestmentIncomeCYPct00.03940
IRS990ScheduleA/InvestmentIncomePYPct00.03710
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0200
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0551
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0751
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96050
IRS990ScheduleA/PublicSupportPY509Pct00.96290
IRS990ScheduleA/PublicSupportTotal509Amt035080740
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt08222069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt07989369
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07496667
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07507837
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt03864798
IRS990ScheduleA/Total509Grp/TotalAmt035080740
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt08557871
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt08353953
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07806033
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07799280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt04004694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt036521831
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt09161754
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010477606
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt019639360
IRS990ScheduleD/EquipmentGrp/BookValueAmt0288358
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0744879
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01033237
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt06967370
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01636240
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01636240
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0128118
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0128118
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-324192
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03611921
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12471
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2274138
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RESIDENT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INTEREST RATE SWAPS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0107203
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01608159
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01715362
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0340951
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt116007
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt212705882
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt352593
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2REFUND. RESIDENT ENTRANCE FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3RESIDENT DEPOSITS

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,386,154
Liabilities
$24,694,090
Net assets
$6,692,064
Revenue
$8,545,462
Expenses
$6,967,370
Net income
$1,578,092
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