Civic Intelligence

Lifetime Residence Corporation Inc

EIN 22-2541886 • 501(c)3 • Rochester, NY

Profile

To provide services to developmentally disabled adults.

425 Paul RoadRochester, NY 14624-4721

www.lifetimeassistance.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

6.35x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

6.81x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

18th percentile

-33%

Higher net margin than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

4.2%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

3.2%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$108,033

Up $4,339 (+4.2%) from 2023

Liabilities

Up

$686,067

Up $37,786 (+5.8%) from 2023

Net Assets

-$578,034

No earlier filing loaded for comparison.

Revenue

Up

$100,699

Up $3,161 (+3.2%) from 2023

Expenses

Down

$134,146

Down $37,491 (-22%) from 2023

Net Income

Up

-$33,447

Up $40,652 (+55%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500K-$1.0MAssets 2010: $272,227Liabilities 2010: $361,369Net Assets 2010: -$89,1422010Assets 2011: $249,687Liabilities 2011: $359,6872011Assets 2012: $208,764Liabilities 2012: $337,1542012Assets 2013: $179,868Liabilities 2013: $348,845Net Assets 2013: -$168,9772013Assets 2014: $164,591Liabilities 2014: $364,986Net Assets 2014: -$200,3952014Assets 2015: $145,213Liabilities 2015: $407,2392015Assets 2016: $130,128Liabilities 2016: $434,1802016Assets 2017: $118,441Liabilities 2017: $456,806Net Assets 2017: -$338,3652017Assets 2018: $105,672Liabilities 2018: $445,530Net Assets 2018: -$339,8582018Assets 2019: $83,476Liabilities 2019: $462,926Net Assets 2019: -$379,4502019Assets 2020: $106,403Liabilities 2020: $492,335Net Assets 2020: -$385,9322020Assets 2021: $84,727Liabilities 2021: $498,692Net Assets 2021: -$413,9652021Assets 2022: $90,252Liabilities 2022: $560,740Net Assets 2022: -$470,4882022Assets 2023: $103,694Liabilities 2023: $648,2812023Assets 2024: $108,033Liabilities 2024: $686,067Net Assets 2024: -$578,0342024

Highlighted filing

2024

Assets$108,033
Liabilities$686,067
Net Assets-$578,034

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2010: $99,041Expenses 2010: $117,886Net Income 2010: -$18,8452010Revenue 2011: $97,469Expenses 2011: $118,326Net Income 2011: -$20,8572011Revenue 2012: $98,703Expenses 2012: $117,093Net Income 2012: -$18,3902012Revenue 2013: $82,951Expenses 2013: $123,538Net Income 2013: -$40,5872013Revenue 2014: $90,457Expenses 2014: $121,875Net Income 2014: -$31,4182014Revenue 2015: $93,360Expenses 2015: $154,991Net Income 2015: -$61,6312015Revenue 2016: $95,767Expenses 2016: $137,793Net Income 2016: -$42,0262016Revenue 2017: $96,342Expenses 2017: $130,655Net Income 2017: -$34,3132017Revenue 2018: $105,590Expenses 2018: $139,015Net Income 2018: -$33,4252018Revenue 2019: $103,753Expenses 2019: $143,345Net Income 2019: -$39,5922019Revenue 2020: $101,604Expenses 2020: $108,086Net Income 2020: -$6,4822020Revenue 2021: $103,180Expenses 2021: $131,213Net Income 2021: -$28,0332021Revenue 2022: $102,882Expenses 2022: $159,405Net Income 2022: -$56,5232022Revenue 2023: $97,538Expenses 2023: $171,637Net Income 2023: -$74,0992023Revenue 2024: $100,699Expenses 2024: $134,146Net Income 2024: -$33,4472024

Highlighted filing

2024

Revenue$100,699
Expenses$134,146
Net Income-$33,447

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$6.86$5.78$1.01$1.34$0.33
2023Summary only. Only limited summary data is available for this year.$1.04$6.48$0.98$1.72$0.74
2022Detailed filing. Detailed filing data is available for this year.$0.90$5.61$4.70$1.03$1.59$0.57
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$4.99$4.14$1.03$1.31$0.28
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$4.92$3.86$1.02$1.08$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$4.63$3.79$1.04$1.43$0.40
2018Detailed filing. Detailed filing data is available for this year.$1.06$4.46$3.40$1.06$1.39$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$4.57$3.38$0.96$1.31$0.34
2016Summary only. Only limited summary data is available for this year.$1.30$4.34$0.96$1.38$0.42
2015Summary only. Only limited summary data is available for this year.$1.45$4.07$0.93$1.55$0.62
2014Detailed filing. Detailed filing data is available for this year.$1.65$3.65$2.00$0.90$1.22$0.31
2013Detailed filing. Detailed filing data is available for this year.$1.80$3.49$1.69$0.83$1.24$0.41
2012Summary only. Only limited summary data is available for this year.$2.09$3.37$0.99$1.17$0.18
2011Summary only. Only limited summary data is available for this year.$2.50$3.60$0.97$1.18$0.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.72$3.61$0.89$0.99$1.18$0.19
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 10, 2023
Return Version
2022v5.0
Gross Receipts
$102,882
Mission and Program Overview

Mission

To provide services to developmentally disabled adults.

Program Services

DescriptionGrantsExpenses
MAINTENANCE OF A 10-UNIT RESIDENCE FOR DEVELOPMENTALLY DISABLED ADULTS INCLUDING DETERMINING ELIGIBILITY FOR THE HUD PROGRAM.$0$94,487
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TOM SMITHGALLChairman-$0--
MARY SQUIRESTreasurer-$0--
DON FUREY PHDVice-Chairman-$0--
CATHY HOUSTON-WILSON PHDSecretary-$0--
JAMES BRANCIFORTEPresident & CEO- Through April 2022-$0--
LINDA ANDERSONCFO-$0--
BRYAN O'DONOVANPresident & CEO- As Of April 2022-$0--
Filing and Contact Details

Filer

Filer Name
Lifetime Residence Corporation Inc
EIN
22-2541886
Phone
5854264120
Address
425 PAUL ROAD, ROCHESTER, NY 14624-4721

Signing Officer

Name
Linda Anderson
Title
CFO
Phone
5854264120
Signed
2023-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Bonadio & Co Llp
Address
171 SULLYS TRAIL, PITTSFORD, NY 14534
Preparer
Aimee Jozic
Phone
5853811000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest. Amount: 383.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: management fee. Amount: 960. Description: miscellaneous administrative expenses. Amount: 10,856. Total to form 990-ez, line 16: 11,816.

Form 990-ez, Part II, Line 24 - Other Assets

Description: residual receipts reserve. Beg. Of year amount: 2,543. End of year amount: 2,564. Description: reserve for replacement. Beg. Of year amount: 38,539. End of year amount: 46,076.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 100. End of year amount: 100. Description: other liabilities. Beg. Of year amount: 359,157. End of year amount: 434,434. Description: mortgage payable. Beg. Of year amount: 139,435. End of year amount: 126,206.

Raw XML Appendix201 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05854264120
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ROCHESTER
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IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0146244721
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IRS990EZ/ForeignOfficeInd00
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IRS990EZ/GrossReceiptsAmt0102882
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt036654
IRS990EZ/LandAndBuildingsGrp/EOYAmt035816
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-413965
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-470488
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-413965
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-470488
IRS990EZ/OccupancyRentUtltsAndMaintAmt066867
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0TOM SMITHGALL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARY SQUIRES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DON FUREY PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CATHY HOUSTON-WILSON PHD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JAMES BRANCIFORTE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LINDA ANDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6BRYAN O'DONOVAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE-CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT & CEO- THROUGH APRIL 2022
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT & CEO- AS OF APRIL 2022
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt041082
IRS990EZ/OtherAssetsTotalDetail/EOYAmt048640
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011816
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SERVICES TO DEVELOPMENTALLY DISABLED ADULTS.
IRS990EZ/ProgramServiceRevenueAmt0102499
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAINTENANCE OF A 10-UNIT RESIDENCE FOR DEVELOPMENTALLY DISABLED ADULTS INCLUDING DETERMINING ELIGIBILITY FOR THE HUD PROGRAM.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt094487
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt048182
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0498692
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0560740
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0159405
IRS990EZ/TotalProgramServiceExpensesAmt094487
IRS990EZ/TotalRevenueAmt0102882
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.LIFETIMEASSISTANCE.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0517009
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST. AMOUNT: 383.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: MANAGEMENT FEE. AMOUNT: 960. DESCRIPTION: MISCELLANEOUS ADMINISTRATIVE EXPENSES. AMOUNT: 10,856. TOTAL TO FORM 990-EZ, LINE 16: 11,816.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: RESIDUAL RECEIPTS RESERVE. BEG. OF YEAR AMOUNT: 2,543. END OF YEAR AMOUNT: 2,564. DESCRIPTION: RESERVE FOR REPLACEMENT. BEG. OF YEAR AMOUNT: 38,539. END OF YEAR AMOUNT: 46,076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 100. END OF YEAR AMOUNT: 100. DESCRIPTION: OTHER LIABILITIES. BEG. OF YEAR AMOUNT: 359,157. END OF YEAR AMOUNT: 434,434. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 139,435. END OF YEAR AMOUNT: 126,206.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
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ReturnHeader/BusinessOfficerGrp/PhoneNum05854264120
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFETIME RESIDENCE CORPORATION INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0222541886
ReturnHeader/Filer/PhoneNum05854264120
ReturnHeader/Filer/USAddress/AddressLine1Txt0425 PAUL ROAD
ReturnHeader/Filer/USAddress/CityNm0ROCHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0146244721
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161131146
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PITTSFORD
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ReturnHeader/PreparerPersonGrp/PhoneNum05853811000
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AIMEE JOZIC
ReturnHeader/ReturnTs02023-11-13T11:38:42-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LINDA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ANDERSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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