Civic Intelligence

Luke Inc

990 • Fiscal year 2023 • EIN 20-3524338

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

Organization ProfileWWW.THEFARMSATBAILEYSTATION.COM
3300 S Houston Levee RdCollierville, TN 38017

(901) 794-2598

Siviq Scores

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

Liabilities / Assets

96th percentile

1.20x

Higher debt load relative to assets than 96% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

12.91x

Higher debt load relative to revenue than 97% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Top Officer Pay

5th percentile

$0

Higher top officer pay than 5% of similar nonprofits.

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

2023 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2023

Asset Growth

21st percentile

-1.2%

Faster asset growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

144%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$248,072,818

Down $3,101,308 (-1.2%) from 2022

Net Assets

Down

-$50,383,741

Down $16,066,330 (-47%) from 2022

Liabilities

Up

$298,456,559

Up $12,965,022 (+4.5%) from 2022

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin4th percentile

Revenue

Up

$23,115,141

Up $13,637,691 (+144%) from 2022

Expenses

Up

$39,181,471

Up $12,825,163 (+49%) from 2022

Net Income

Up

-$16,066,330

Up $812,528 (+4.8%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$400M$300M$200M$100M$0-$100MAssets 2010: $5,632,820Liabilities 2010: $5,017,951Net Assets 2010: $614,8692010Assets 2011: $5,946,189Liabilities 2011: $5,419,927Net Assets 2011: $526,2622011Assets 2012: $6,651,619Liabilities 2012: $6,149,112Net Assets 2012: $502,5072012Assets 2013: $8,377,417Liabilities 2013: $8,452,722Net Assets 2013: -$75,3052013Assets 2014: $8,527,262Liabilities 2014: $9,311,187Net Assets 2014: -$783,9252014Assets 2015: $12,789,013Liabilities 2015: $14,850,472Net Assets 2015: -$2,061,4592015Assets 2016: $14,932,053Liabilities 2016: $18,826,019Net Assets 2016: -$3,893,9662016Assets 2017: $18,029,112Liabilities 2017: $23,672,260Net Assets 2017: -$5,643,1482017Assets 2018: $20,609,613Liabilities 2018: $28,165,265Net Assets 2018: -$7,555,6522018Assets 2019: $225,882,584Liabilities 2019: $237,968,925Net Assets 2019: -$12,086,3412019Assets 2020: $240,808,187Liabilities 2020: $254,261,413Net Assets 2020: -$13,453,2262020Assets 2021: $244,355,141Liabilities 2021: $261,793,694Net Assets 2021: -$17,438,5532021Assets 2022: $251,174,126Liabilities 2022: $285,491,537Net Assets 2022: -$34,317,4112022Assets 2023: $248,072,818Liabilities 2023: $298,456,559Net Assets 2023: -$50,383,7412023Assets 2024: $244,258,314Liabilities 2024: $308,907,182Net Assets 2024: -$64,648,8682024

Highlighted filing

2023

Assets$248,072,818
Liabilities$298,456,559
Net Assets-$50,383,741
Open 2023 Filing

Operations Trend

Revenue Growth97th percentile

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

$60M$40M$20M$0-$20MExpenses 2010: $188,8952010Revenue 2011: $0Expenses 2011: $88,607Net Income 2011: -$88,6072011Expenses 2012: $25,1942012Revenue 2013: $4,849Expenses 2013: $582,661Net Income 2013: -$577,8122013Revenue 2014: $7,924Expenses 2014: $716,544Net Income 2014: -$708,6202014Revenue 2015: $5,250Expenses 2015: $1,282,784Net Income 2015: -$1,277,5342015Revenue 2016: $11,460Expenses 2016: $1,843,967Net Income 2016: -$1,832,5072016Revenue 2017: $45,388Expenses 2017: $1,794,570Net Income 2017: -$1,749,1822017Revenue 2018: $203,218Expenses 2018: $2,115,722Net Income 2018: -$1,912,5042018Revenue 2019: $518,318Expenses 2019: $2,352,493Net Income 2019: -$1,834,1752019Revenue 2020: $860,736Expenses 2020: $2,227,621Net Income 2020: -$1,366,8852020Revenue 2021: $1,368,129Expenses 2021: $5,353,456Net Income 2021: -$3,985,3272021Revenue 2022: $9,477,450Expenses 2022: $26,356,308Net Income 2022: -$16,878,8582022Revenue 2023: $23,115,141Expenses 2023: $39,181,471Net Income 2023: -$16,066,3302023Revenue 2024: $27,676,096Expenses 2024: $41,941,223Net Income 2024: -$14,265,1272024

Highlighted filing

2023

Revenue$23,115,141
Expenses$39,181,471
Net Income-$16,066,330
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$23,115,141
Mission and Program Overview

Mission

Once it becomes operational, luke, inc. Will be a continuing care retirement community serving residents 55 years of age or older. Luke, inc. Is still in the development stage.

Luke, inc. D/b/a the farms at bailey station is dedicated to providing residents with a quality lifestyle in a quality environment, supporting the concept of continued independence as a priority in the life care decision.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$211,928,333$213,137,272▲ $1,208,939
Accounts Receivable$2,249,832$3,301,991▲ $1,052,159
Cash and Non-Interest-Bearing Accounts$6,140,355$1,624,583▼ $4,515,772
Prepaid Expenses and Deferred Charges$43,885$163,805▲ $119,920
Inventories for Sale or Use$0$12,591▲ $12,591
Total Assets$251,174,126$248,072,818▼ $3,101,308
Other Assets Total$30,811,721$29,832,576▼ $979,145
Liabilities
Tax Exempt Bond Liabilities$210,821,015$207,258,522▼ $3,562,493
Other Liabilities$35,646,198$47,541,140▲ $11,894,942
Deferred Revenue$35,107,863$40,217,493▲ $5,109,630
Accounts Payable and Accrued Expenses$3,354,655$3,439,354▲ $84,699
Mortgage Notes Payable Secured by Investment Property$561,806$50▼ $561,756
Total Liabilities$285,491,537$298,456,559▲ $12,965,022
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-34,317,411$-50,383,741▼ $16,066,330
Total Net Assets Fund Balance$-34,317,411$-50,383,741▼ $16,066,330
Total Liabilities and Net Assets / Fund Balance$251,174,126$248,072,818▼ $3,101,308

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$199,180,256$9,914,067$209,094,323
Other Land Buildings$6,967,366-$6,967,366
Land$4,148,373-$4,148,373
Equipment$2,841,277$1,158,017$3,999,294
Other Assets Org$172,760--
Compensation and Service Providers
Top Officer Pay5th percentile

Board Members and Trustees

NameTitle
Dr James LatimerChairman/director
Rudolf W HerzkePresident
Cindy CoxDirector
Cindy ReevesDirector
John FarrisDirector
Bill McgaugheySecretary/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Shiftkey LLCTechnology SolutionsPO BOX 735913, Dallas, TX 75373-5913$1,025,381
Gmsc Of Tennessee LLCOwner Direct Purchase220 E LAS COLINAS BLVD, Irving, TN 75039$755,759
Magnolia Landscaping ServicesLandscapingPO BOX 25447, Memphis, TN 38125$752,258
Landon HomesGeneral Contractor2019 MYRTLE BEND DRIVE, Germantown, TN 38139$671,148
Lotts Of Love Helping Hands StaffingOwner Direct PurchasePO BOX 699, Grapevine, TX 76099$412,951
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,240,252
Investment Income
$874,889
Other Revenue
$0
Change in Net Assets
$-16,066,330

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,115,141
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$23,115,141
Total Revenue per Form 990
$23,115,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,447,788
Salaries, Compensation, and Employee Benefits$7,733,683
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$12,268,055$2,303-$12,270,358
Other Salaries and Wages$6,515,194$521,705-$7,036,899
Depreciation Depletion$5,792,077$51,596-$5,843,673
Fees for Services Other$4,192,729$356,032-$4,548,761
Occupancy$1,360,974$1,267-$1,362,241
All Other Expenses$562,196$435,163-$997,359
Advertising-$651,224-$651,224
Fees for Services Management-$612,996-$612,996
Other Expenses$373,835$127,628-$501,463
Fees for Services Accounting$51,871$441,650-$493,521
Office Expenses$437,087$22,610-$459,697
Other Employee Benefits$294,659$111,046-$405,705
Payroll Taxes$250,932$40,147-$291,079
Travel$23,972$44,878-$68,850
Total Functional Expenses$33,882,654$5,298,817$0$39,181,471

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$39,181,471
Total Expenses per Audited Statements$39,181,471
Total Expenses per Form 990$39,181,471
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Water ProOWNER IS KURT HERZKE; SON OF PRESIDENT RUDY HERZKEInstallation/maintenance of Irrigation SystemNo$246,709
-Sr. Vice-president of Rca, Llc. Mgmt Co.BonusNo$15,051
Kurt HerzkeOWNER IS KURT HERZKE; SON OF PRESIDENT RUDY HERZKELABOR & REPAIRS CARS & YD EQUIP;ASSORTED GROUND WORKS, ETCNo$2,130
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Entrance Fees$37,993,906
Wait List Deposits$3,992,431
Accrued Interest Payable$3,308,773
Note Payable - Rca, LLC$1,500,000
Due to Related Parties$611,106
Finance Lease Liability$134,924
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 35% controlled entity
No
Business relationship with family members
Yes
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Management duties are performed by retirement companies of america, llc, and its employees.”

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

“Management is involved throughout the preparation of the form 990. Management then reviews the form 990 and provides a copy to the board of directors for approval.”

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

“The conflict of interest disclosure statements are reviewed by outside counsel.”

Form 990, Part VI, Section B, Line 15

“The organization has no compensated officers or key employees.”

Form 990, Part VI, Section C, Line 19

“All documents will be made available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Luke Inc
EIN
20-3524338
Phone
9017942598
Address
3300 S HOUSTON LEVEE RD, COLLIERVILLE, TN 38017

Signing Officer

Name
Rudolf W Herzke
Title
President
Phone
9017942598
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rudolf W Herzke
Formed
2005
Legal Domicile
Tn
Voting Board Members
5
Independent Board Members
3
Employees
491
Volunteers
35

Preparer

Firm
Watkins Uiberall Pllc
Address
1661 AARON BRENNER DR STE 300, MEMPHIS, TN 38120
Preparer
Michael Kennedy
Phone
9017612720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract labor: program service expenses 4,192,729. Management and general expenses 356,032. Fundraising expenses 0. Total expenses 4,548,761.”

Part XII, Line 2C

“The process has not changed from the prior year”

Raw XML AppendixShowing 400 of 562 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt03354655
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt03439354
IRS990/AccountsReceivableGrp/BOYAmt02249832
IRS990/AccountsReceivableGrp/EOYAmt03301991
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0LUKE, INC. D/B/A THE FARMS AT BAILEY STATION IS DEDICATED TO PROVIDING RESIDENTS WITH A QUALITY LIFESTYLE IN A QUALITY ENVIRONMENT, SUPPORTING THE CONCEPT OF CONTINUED INDEPENDENCE AS A PRIORITY IN THE LIFE CARE DECISION.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0651224
IRS990/AdvertisingGrp/TotalAmt0651224
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0435163
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0562196
IRS990/AllOtherExpensesGrp/TotalAmt0997359
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL KELLY
IRS990/BooksInCareOfDetail/PhoneNum09017942598
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt06465 N QUAIL HOLLOW SUITE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038120
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd01
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt06140355
IRS990/CashNonInterestBearingGrp/EOYAmt01624583
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt018
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt01025381
IRS990/ContractorCompensationGrp/CompensationAmt1755759
IRS990/ContractorCompensationGrp/CompensationAmt2752258
IRS990/ContractorCompensationGrp/CompensationAmt3671148
IRS990/ContractorCompensationGrp/CompensationAmt4412951
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 735913
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1220 E LAS COLINAS BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2PO BOX 25447
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt32019 MYRTLE BEND DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4PO BOX 699
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0DALLAS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1IRVING
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MEMPHIS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3GERMANTOWN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4GRAPEVINE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3TN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0753735913
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd175039
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd238125
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd338139
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd476099
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SHIFTKEY LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1GMSC OF TENNESSEE LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2MAGNOLIA LANDSCAPING SERVICES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3LANDON HOMES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4LOTTS OF LOVE HELPING HANDS STAFFING
IRS990/ContractorCompensationGrp/ServicesDesc0TECHNOLOGY SOLUTIONS
IRS990/ContractorCompensationGrp/ServicesDesc1OWNER DIRECT PURCHASE
IRS990/ContractorCompensationGrp/ServicesDesc2LANDSCAPING
IRS990/ContractorCompensationGrp/ServicesDesc3GENERAL CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc4OWNER DIRECT PURCHASE
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0874889
IRS990/CYOtherExpensesAmt031447788
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt022240252
IRS990/CYRevenuesLessExpensesAmt0-16066330
IRS990/CYSalariesCompEmpBnftPaidAmt07733683
IRS990/CYTotalExpensesAmt039181471
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt023115141
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt035107863
IRS990/DeferredRevenueGrp/EOYAmt040217493
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt051596
IRS990/DepreciationDepletionGrp/ProgramServicesAmt05792077
IRS990/DepreciationDepletionGrp/TotalAmt05843673
IRS990/Desc0INDEPENDENT LIVING IN APARTMENTS, GARDEN HOMES, AND OTHER LONG-TERM CARE
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0491
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt033882654
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0441650
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt051871
IRS990/FeesForServicesAccountingGrp/TotalAmt0493521
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0612996
IRS990/FeesForServicesManagementGrp/TotalAmt0612996
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0356032
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04192729
IRS990/FeesForServicesOtherGrp/TotalAmt04548761
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DR JAMES LATIMER
IRS990/Form990PartVIISectionAGrp/PersonNm1BILL MCGAUGHEY
IRS990/Form990PartVIISectionAGrp/PersonNm2CINDY COX
IRS990/Form990PartVIISectionAGrp/PersonNm3CINDY REEVES
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN FARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm5RUDOLF W HERZKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt023115141
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt02303
IRS990/InterestGrp/ProgramServicesAmt012268055
IRS990/InterestGrp/TotalAmt012270358
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt012591
IRS990/InvestmentIncomeGrp/ExclusionAmt0874889
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0874889
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0127
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt011072084
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0211928333
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0213137272
IRS990/LandBldgEquipCostOrOtherBssAmt0224209356
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0LUKE, INC. D/B/A THE FARMS AT BAILEY STATION IS DEDICATED TO PROVIDING RESIDENTS WITH A QUALITY LIFESTYLE IN A QUALITY ENVIRONMENT, SUPPORTING THE CONCEPT OF CONTINUED INDEPENDENCE AS A PRIORITY IN THE LIFE CARE DECISION.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0561806
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt050
IRS990/NetAssetsOrFundBalancesBOYAmt0-34317411
IRS990/NetAssetsOrFundBalancesEOYAmt0-50383741
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-34317411
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-50383741
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt01267
IRS990/OccupancyGrp/ProgramServicesAmt01360974
IRS990/OccupancyGrp/TotalAmt01362241
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022610
IRS990/OfficeExpensesGrp/ProgramServicesAmt0437087
IRS990/OfficeExpensesGrp/TotalAmt0459697
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt030811721
IRS990/OtherAssetsTotalGrp/EOYAmt029832576
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0111046
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0294659
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0405705
IRS990/OtherExpensesGrp/Desc0TAXES AND INSURANCE
IRS990/OtherExpensesGrp/Desc1CULINARY SUPPLIES
IRS990/OtherExpensesGrp/Desc2THERAPY SERVICES
IRS990/OtherExpensesGrp/Desc3OTHER EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01878572
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2127628
IRS990/OtherExpensesGrp/ProgramServicesAmt022544
IRS990/OtherExpensesGrp/ProgramServicesAmt11170950
IRS990/OtherExpensesGrp/ProgramServicesAmt2565579
IRS990/OtherExpensesGrp/ProgramServicesAmt3373835
IRS990/OtherExpensesGrp/TotalAmt01901116
IRS990/OtherExpensesGrp/TotalAmt11170950
IRS990/OtherExpensesGrp/TotalAmt2565579
IRS990/OtherExpensesGrp/TotalAmt3501463
IRS990/OtherLiabilitiesGrp/BOYAmt035646198
IRS990/OtherLiabilitiesGrp/EOYAmt047541140
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0521705
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06515194
IRS990/OtherSalariesAndWagesGrp/TotalAmt07036899
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt040147
IRS990/PayrollTaxesGrp/ProgramServicesAmt0250932
IRS990/PayrollTaxesGrp/TotalAmt0291079
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt043885
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0163805
IRS990/PrincipalOfficerNm0RUDOLF W HERZKE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623000
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/Desc1EARNED ENTRANCE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt018860358
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13379894
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt018860358
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13379894
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0534793
IRS990/PYOtherExpensesAmt022763447
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt08942657
IRS990/PYRevenuesLessExpensesAmt0-16878858
IRS990/PYSalariesCompEmpBnftPaidAmt03592861
IRS990/PYTotalExpensesAmt026356308
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09477450
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-16066330
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt022240252
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0874889
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0534793
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt017663
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt094705
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt063034
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01585084
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt022240252
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt08942657
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01350759
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0754783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0453032
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt033741483
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt011248
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt02252
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt013500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0874889
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0534793
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt017663
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt094705
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt063034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01585084
IRS990ScheduleA/InvestmentIncomeCYPct00.04490
IRS990ScheduleA/InvestmentIncomePYPct00.05850
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95510
IRS990ScheduleA/PublicSupportPY509Pct00.94150
IRS990ScheduleA/PublicSupportTotal509Amt033754983
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt022240252
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08942657
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01350759
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0766031
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0455284
IRS990ScheduleA/Total509Grp/TotalAmt033754983
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt023115141
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt09477450
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01368422
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0860736
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0518318
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt035340067
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0199180256
IRS990ScheduleD/BuildingsGrp/DepreciationAmt09914067
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0209094323
IRS990ScheduleD/EquipmentGrp/BookValueAmt02841277
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01158017
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt03999294
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt039181471
IRS990ScheduleD/LandGrp/BookValueAmt04148373
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt04148373
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014119448
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt13992431
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt26083414
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35464523
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4172760
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BOND DEBT SERVICE RESERVE FUND
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESTRICTED CASH FOR WAIT LIST DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2RESTRICTED CASH UNDER INDENTURE AGREEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3DUE FROM RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4RIGHT-OF-USE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt06967366
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt06967366
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01500000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1611106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt23992431
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33308773
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt437993906
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt5134924
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE - RCA, LLC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2WAIT LIST DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4REFUNDABLE ENTRANCE FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5FINANCE LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023115141
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0213137272
IRS990ScheduleD/TotalBookValueOtherAssetsAmt029832576
IRS990ScheduleD/TotalExpensesPerForm990Amt039181471
IRS990ScheduleD/TotalLiabilityAmt047541140
IRS990ScheduleD/TotalRevenuePerForm990Amt023115141
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023115141
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt039181471
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0MICHELLE T VINCENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0WATER PRO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1KURT HERZKE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OWNER IS KURT HERZKE; SON OF PRESIDENT RUDY HERZKE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1OWNER IS KURT HERZKE; SON OF PRESIDENT RUDY HERZKE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2SR. VICE-PRESIDENT OF RCA, LLC. MGMT CO.
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0246709
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt12130
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt215051

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$248,072,818
Liabilities
$298,456,559
Net assets
-$50,383,741
Revenue
$23,115,141
Expenses
$39,181,471
Net income
-$16,066,330
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$244$309$64.6$27.7$41.9$14.3
2023Detailed filing. Detailed filing data is available for this year.$248$298$50.4$23.1$39.2$16.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$251$285$34.3$9.48$26.4$16.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$244$262$17.4$1.37$5.35$3.99
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$241$254$13.5$0.86$2.23$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$226$238$12.1$0.52$2.35$1.83
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.6$28.2$7.56$0.20$2.12$1.91
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$23.7$5.64$0.05$1.79$1.75
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.9$18.8$3.89$0.01$1.84$1.83
2015Detailed filing. Detailed filing data is available for this year.$12.8$14.9$2.06$0.01$1.28$1.28
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.53$9.31$0.78$0.01$0.72$0.71
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.38$8.45$0.08$0.00$0.58$0.58
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$6.15$0.50$0.03
2011Summary only. Only limited summary data is available for this year.$5.95$5.42$0.53$0.00$0.09$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.63$5.02$0.61$0.19