Civic Intelligence

South Cove Nursing Facilities Foundation Inc.

990 • Fiscal year 2015 • EIN 04-6406242

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

Organization ProfileWWW.SOUTHCOVEMANOR.COM
288 Washington StreetQuincy, MA 02169

(617) 423-0590

Siviq Scores

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

Liabilities / Assets

5th percentile

0.00x

Higher debt load relative to assets than 5% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

96th percentile

74%

Higher net margin than 96% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$224,535

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 130.0% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

44th percentile

-0.0%

Faster asset growth than 44% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

1st percentile

-80%

Faster revenue growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets5th percentile

Assets

Down

$11,878,631

Down $4,166 (-0.0%) from 2014

Net Assets

Up

$11,875,820

Up $45,337 (+0.4%) from 2014

Liabilities

Down

$2,811

Down $49,503 (-95%) from 2014

Revenue And Expenses
Liabilities / Revenue9th percentileNet Margin96th percentile

Revenue

Down

$172,751

Down $688,921 (-80%) from 2014

Expenses

Up

$44,604

Up $8,549 (+24%) from 2014

Net Income

Down

$128,147

Down $697,470 (-84%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$30M$20M$10M$0Assets 2010: $13,082,989Liabilities 2010: $32,018Net Assets 2010: $13,050,9712010Assets 2011: $11,988,594Liabilities 2011: $0Net Assets 2011: $11,988,5942011Assets 2012: $10,278,568Liabilities 2012: $0Net Assets 2012: $10,278,5682012Assets 2013: $11,034,744Liabilities 2013: $0Net Assets 2013: $11,034,7442013Assets 2014: $11,882,797Liabilities 2014: $52,314Net Assets 2014: $11,830,4832014Assets 2015: $11,878,631Liabilities 2015: $2,811Net Assets 2015: $11,875,8202015Assets 2016: $12,391,163Liabilities 2016: $11,069Net Assets 2016: $12,380,0942016Assets 2017: $13,522,207Liabilities 2017: $10,038Net Assets 2017: $13,512,1692017Assets 2018: $13,681,452Liabilities 2018: $574,551Net Assets 2018: $13,106,9012018Assets 2019: $14,763,256Liabilities 2019: $0Net Assets 2019: $14,763,2562019Assets 2020: $16,349,330Liabilities 2020: $0Net Assets 2020: $16,349,3302020Assets 2021: $18,268,139Liabilities 2021: $0Net Assets 2021: $18,268,1392021Assets 2022: $15,783,171Liabilities 2022: $0Net Assets 2022: $15,783,1712022Assets 2023: $17,931,872Liabilities 2023: $0Net Assets 2023: $17,931,8722023Assets 2024: $20,216,976Liabilities 2024: $0Net Assets 2024: $20,216,9762024

Highlighted filing

2015

Assets$11,878,631
Liabilities$2,811
Net Assets$11,875,820
Open 2015 Filing

Operations Trend

Revenue Growth1st percentile

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

$3.0M$2.0M$1.0M$0-$1.0M-$2.0MExpenses 2010: $225,9662010Expenses 2011: $1,083,4352011Revenue 2012: $784,991Expenses 2012: $2,317,063Net Income 2012: -$1,532,0722012Revenue 2013: $680,862Expenses 2013: $54,719Net Income 2013: $626,1432013Revenue 2014: $861,672Expenses 2014: $36,055Net Income 2014: $825,6172014Revenue 2015: $172,751Expenses 2015: $44,604Net Income 2015: $128,1472015Revenue 2016: $589,602Expenses 2016: $51,605Net Income 2016: $537,9972016Revenue 2017: $493,383Expenses 2017: $75,209Net Income 2017: $418,1742017Revenue 2018: $925,489Expenses 2018: $96,911Net Income 2018: $828,5782018Revenue 2019: $532,940Expenses 2019: $115,988Net Income 2019: $416,9522019Revenue 2020: $579,878Expenses 2020: $76,982Net Income 2020: $502,8962020Revenue 2021: $1,487,301Expenses 2021: $109,698Net Income 2021: $1,377,6032021Revenue 2022: $1,017,488Expenses 2022: $115,571Net Income 2022: $901,9172022Revenue 2023: $354,568Expenses 2023: $129,545Net Income 2023: $225,0232023Revenue 2024: $1,829,110Expenses 2024: $184,693Net Income 2024: $1,644,4172024

Highlighted filing

2015

Revenue$172,751
Expenses$44,604
Net Income$128,147
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.1
Gross Receipts
$376,653
Mission and Program Overview

Mission

To promote charitable and benevolent programs, especially to plan, finance, construct, operate, and maintain nursing and care facilities for the asian elderly. In addition support affordable housing.

The organization's mission is to promote and support charitable and benevolent programs for the asian elderly through planning, financing, operating, and maintaining nursing and care facilities and affordable housing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,007,312$2,021,760▲ $14,448
Investments in Publicly Traded Securities$1,785,593$1,935,487▲ $149,894
Savings and Temporary Cash Investments$216,020$20,518▼ $195,502
Total Assets$11,882,797$11,878,631▼ $4,166
Other Assets Total$7,873,872$7,900,866▲ $26,994
Liabilities
Accounts Payable and Accrued Expenses$52,314$2,811▼ $49,503
Total Liabilities$52,314$2,811▼ $49,503
Net Assets / Fund Balance
Unrestricted Net Assets$11,758,156$11,835,302▲ $77,146
Temporarily Rstr Net Assets$52,327$20,518▼ $31,809
Permanently Rstr Net Assets$20,000$20,000→ $0
Total Net Assets Fund Balance$11,830,483$11,875,820▲ $45,337
Total Liabilities and Net Assets / Fund Balance$11,882,797$11,878,631▼ $4,166

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,497--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$72,327$11,000▲ $426$43,235$40,518
2014$35,411$35,000▲ $1,916-$72,327
2013$34,828-▲ $3,909$3,326$35,411
2012$35,026-▲ $3,128$3,326$34,828
2011$28,393$10,000▲ $213$3,580$35,026
Compensation and Service Providers
Top Officer Pay66th percentile

Employees

NameTitleOtherTotal
Scott HansonDirector of Finance$126,980$126,980
Wendy LeePresident & CEO (as of 10/08/15)$45,954$45,954

Board Members and Trustees

NameTitle
Richard LuiChairman of the Board
Richard WongPresident & CEO (thru 11/06/15)
May Chin RnVice President
Alice L Rose RnDirector
David T TingDirector
Edward ChengDirector
Helen Chin SchlichteDirector
Hon Hoi YeeDirector
Leonard LaiDirector
Lisa MuiDirector
Marianne Bowler HonDirector
Paul MackinnonDirector
Stanley ElkertonDirector
Susan LuoDirector
Thomas ChinDirector
Hemmie Chang EsqClerk
Jason Qu MdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$11,000
Program Service Revenue
$56,279
Investment Income
$105,472
Other Revenue
$0
All Other Contributions
$11,000
Change in Net Assets
$128,147
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$39,313
Grants and Similar Amounts Paid$5,291
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$14,812--$14,812
Fees for Service Investment Mgmnt Fees-$13,153-$13,153
Fees for Services Accounting-$9,886-$9,886
Grants to Domestic Individuals$5,291--$5,291
Other Expenses$1,462--$1,462
Total Functional Expenses$21,565$23,039$0$44,604
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
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“A family relationship exists between may chin, vice president; thomas chin, director; and helen chin schlichte, director.”

Form 990, Part VI, Section B, Line 11

“The organization's audit committee reviews and approves the draft form 990. The complete form 990 is presented to the board of directors after filing with the irs.”

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

“The conflict of interest policy is part of the organization's by-laws and is discussed by the board of directors and top management personnel at the first board meeting each year regarding any/all significant transactions. The conflict of interest policy covers directors, officers, and employees. Any conflicts of interest are disclosed to the board prior to approval or ratification of the contract or transaction by majority vote of the disinterested persons.”

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

“A related organization, south cove manor nursing and rehabilitation center, inc., determines the compensation of the organization's ceo through the use of a compensation committee, form 990s of other organizations, compensation surveys, and the approval of the board or compensation committee.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
South Cove Nursing Facilities
EIN
04-6406242
Phone
6174230590
Address
288 WASHINGTON STREET, QUINCY, MA 02169

Signing Officer

Name
Wendy Lee
Title
President & CEO
Phone
6174230590
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Lee
Formed
1977
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
16

Preparer

Firm
Cliftonlarsonallen Llp
Address
300 CROWN COLONY DRIVE SUITE 310, QUINCY, MA 02169
Preparer
Judy Daley
Phone
6179848100
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“In accordance with the donor requirements, the endowment funds are held in perpetuity. Endowment returns may be used for the appreciation events for the employees of the nursing home operator.”

PART X, LINE 2:

“The organization is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal and state income taxes on related income pursuant to section 501(a) of the code. Should the status of the organization be challenged in the future, its 2012 through 2015 tax years are open for examination by federal and state taxing authorities.”

Raw XML AppendixShowing 400 of 589 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/TitleTxt0CHAIRMAN OF THE BOARD
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16PRESIDENT & CEO (AS OF 10/08/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT & CEO (THRU 11/06/15)
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF FINANCE
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt061076
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GrantAmt05291
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt05291
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt05291
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0264978
IRS990/GrossReceiptsAmt0376653
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt044396
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt01935487
IRS990/IRPDocumentCnt01
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0203902
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION'S MISSION IS TO PROMOTE AND SUPPORT CHARITABLE AND BENEVOLENT PROGRAMS FOR THE ASIAN ELDERLY THROUGH PLANNING, FINANCING, OPERATING, AND MAINTAINING NURSING AND CARE FACILITIES AND AFFORDABLE HOUSING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt011830483
IRS990/NetAssetsOrFundBalancesEOYAmt011875820
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt061076
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt061076
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-82810
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt014812
IRS990/OfficeExpensesGrp/TotalAmt014812
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt07873872
IRS990/OtherAssetsTotalGrp/EOYAmt07900866
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0FEES & PERMITS
IRS990/OtherExpensesGrp/ProgramServicesAmt01462
IRS990/OtherExpensesGrp/TotalAmt01462
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt020000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt020000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WENDY LEE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056279
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056279
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039923
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04500
IRS990/PYInvestmentIncomeAmt0113429
IRS990/PYOtherExpensesAmt031555
IRS990/PYOtherRevenueAmt0600
IRS990/PYProgramServiceRevenueAmt0707720
IRS990/PYRevenuesLessExpensesAmt0825617
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt036055
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0861672
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0128147
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt056279
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0216020
IRS990/SavingsAndTempCashInvstGrp/EOYAmt020518
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0800687948
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SOUTH COVE MANOR NURSING AND REHABILITATION CENTER INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt072327
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt011000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt040518
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0426
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt043235
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt035411
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt035000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt072327
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01916
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt034828
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt035411
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03909
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt03326
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt035026
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt034828
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt03128
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt03326
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt028393
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt010000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt035026
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0213
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt03580
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt07899369
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11497
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RECEIVABLE
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.49360
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN ACCORDANCE WITH THE DONOR REQUIREMENTS, THE ENDOWMENT FUNDS ARE HELD IN PERPETUITY. ENDOWMENT RETURNS MAY BE USED FOR THE APPRECIATION EVENTS FOR THE EMPLOYEES OF THE NURSING HOME OPERATOR.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. SHOULD THE STATUS OF THE ORGANIZATION BE CHALLENGED IN THE FUTURE, ITS 2012 THROUGH 2015 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.50640

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,878,631
Liabilities
$2,811
Net assets
$11,875,820
Revenue
$172,751
Expenses
$44,604
Net income
$128,147
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$0.00$20.2$1.83$0.18$1.64
2023Detailed filing. Detailed filing data is available for this year.$17.9$0.00$17.9$0.35$0.13$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.8$0.00$15.8$1.02$0.12$0.90
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.3$0.00$18.3$1.49$0.11$1.38
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.3$0.00$16.3$0.58$0.08$0.50
2019Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$0.53$0.12$0.42
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.7$0.57$13.1$0.93$0.10$0.83
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.5$0.01$13.5$0.49$0.08$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$12.4$0.01$12.4$0.59$0.05$0.54
2015Detailed filing. Detailed filing data is available for this year.$11.9$0.00$11.9$0.17$0.04$0.13
2014Detailed filing. Detailed filing data is available for this year.$11.9$0.05$11.8$0.86$0.04$0.83
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$11.0$0.00$11.0$0.68$0.05$0.63
2012Summary only. Only limited summary data is available for this year.$10.3$0.00$10.3$0.78$2.32$1.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.00$12.0$1.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$0.03$13.1$0.23