Civic Intelligence

Saint Mary'S Home of Erie

EIN 25-1073144 • 501(c)3 • Erie, PA

Profile

Founded by the sisters of st. Joseph and operated in the catholic tradition, saint mary's home of erie is committed to an environment of loving to care where primarily seniors, their families, staff and volunteers participate in fostering an atmosphere of community.

607 East 26th StreetErie, PA 16504-2887

www.stmaryshome.org

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.47x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

1.31x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

12th percentile

-15%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$295,439

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

19th percentile

-3.2%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.9%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$50,227,776

Down $4,365,991 (-8.0%) from 2021

Liabilities

Up

$19,942,649

Up $1,319,233 (+7.1%) from 2021

Net Assets

Down

$30,285,127

Down $5,685,224 (-16%) from 2021

Revenue

Down

$14,808,602

Down $11,437,905 (-44%) from 2021

Expenses

Down

$17,642,829

Down $5,971,062 (-25%) from 2021

Net Income

Down

-$2,834,227

Down $5,466,843 (-208%) from 2021

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $87,390,294Liabilities 2010: $47,033,863Net Assets 2010: $40,356,4312010Assets 2011: $85,941,881Liabilities 2011: $45,778,921Net Assets 2011: $40,162,9602011Assets 2012: $88,097,482Liabilities 2012: $45,676,031Net Assets 2012: $42,421,4512012Assets 2014: $90,708,462Liabilities 2014: $45,378,264Net Assets 2014: $45,330,1982014Assets 2015: $86,965,970Liabilities 2015: $45,812,629Net Assets 2015: $41,153,3412015Assets 2016: $85,213,388Liabilities 2016: $43,925,257Net Assets 2016: $41,288,1312016Assets 2017: $87,250,116Liabilities 2017: $43,970,019Net Assets 2017: $43,280,0972017Assets 2018: $81,010,170Liabilities 2018: $42,838,530Net Assets 2018: $38,171,6402018Assets 2019: $80,307,262Liabilities 2019: $41,080,523Net Assets 2019: $39,226,7392019Assets 2020: $70,084,714Liabilities 2020: $36,429,737Net Assets 2020: $33,654,9772020Assets 2021: $54,593,767Liabilities 2021: $18,623,416Net Assets 2021: $35,970,3512021Assets 2022: $50,227,776Liabilities 2022: $19,942,649Net Assets 2022: $30,285,1272022

Highlighted filing

2022

Assets$50,227,776
Liabilities$19,942,649
Net Assets$30,285,127

Operations Trend

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

$40M$30M$20M$10M$0-$10MExpenses 2010: $28,233,1192010Expenses 2011: $29,292,8242011Expenses 2012: $30,020,6102012Revenue 2014: $31,777,181Expenses 2014: $31,928,016Net Income 2014: -$150,8352014Revenue 2015: $30,940,960Expenses 2015: $33,010,582Net Income 2015: -$2,069,6222015Revenue 2016: $32,326,266Expenses 2016: $33,279,143Net Income 2016: -$952,8772016Revenue 2017: $32,139,726Expenses 2017: $33,556,776Net Income 2017: -$1,417,0502017Revenue 2018: $31,290,710Expenses 2018: $33,370,737Net Income 2018: -$2,080,0272018Revenue 2019: $30,988,814Expenses 2019: $33,432,667Net Income 2019: -$2,443,8532019Revenue 2020: $29,657,218Expenses 2020: $32,660,776Net Income 2020: -$3,003,5582020Revenue 2021: $26,246,507Expenses 2021: $23,613,891Net Income 2021: $2,632,6162021Revenue 2022: $14,808,602Expenses 2022: $17,642,829Net Income 2022: -$2,834,2272022

Highlighted filing

2022

Revenue$14,808,602
Expenses$17,642,829
Net Income-$2,834,227

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.2$19.9$30.3$14.8$17.6$2.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$54.6$18.6$36.0$26.2$23.6$2.63
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.1$36.4$33.7$29.7$32.7$3.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.3$41.1$39.2$31.0$33.4$2.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$81.0$42.8$38.2$31.3$33.4$2.08
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.3$44.0$43.3$32.1$33.6$1.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.2$43.9$41.3$32.3$33.3$0.95
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$87.0$45.8$41.2$30.9$33.0$2.07
2014Detailed filing. Detailed filing data is available for this year.$90.7$45.4$45.3$31.8$31.9$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.1$45.7$42.4$30.0
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$85.9$45.8$40.2$29.3
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.4$47.0$40.4$28.2
Latest Detailed Filing

The latest 2022 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 7, 2018
Return Version
2017v2.2
Gross Receipts
$32,600,873
Mission and Program Overview

Mission

Founded by the sisters of st. Joseph and operated in the catholic tradition, saint mary's home of erie is committed to an environment of loving to care where primarily seniors, their families, staff and volunteers participate in fostering an atmosphere of community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$51,462,260$49,149,838▼ $2,312,422
Investments Other Securities$28,194,701$31,672,410▲ $3,477,709
Accounts Receivable$2,379,734$3,684,234▲ $1,304,500
Savings and Temporary Cash Investments$2,250,253$1,785,576▼ $464,677
Prepaid Expenses and Deferred Charges$188,011$271,750▲ $83,739
Inventories for Sale or Use$150,765$145,812▼ $4,953
Cash and Non-Interest-Bearing Accounts$17,064$24,237▲ $7,173
Total Assets$85,213,388$87,250,116▲ $2,036,728
Other Assets Total$570,600$516,259▼ $54,341
Liabilities
Tax Exempt Bond Liabilities$32,577,328$31,663,834▼ $913,494
Other Liabilities$7,557,097$7,372,507▼ $184,590
Accounts Payable and Accrued Expenses$3,197,092$4,382,548▲ $1,185,456
Deferred Revenue$593,740$551,130▼ $42,610
Total Liabilities$43,925,257$43,970,019▲ $44,762
Net Assets / Fund Balance
Unrestricted Net Assets$40,883,779$42,816,804▲ $1,933,025
Permanently Rstr Net Assets$355,234$396,467▲ $41,233
Temporarily Rstr Net Assets$49,118$66,826▲ $17,708
Total Net Assets Fund Balance$41,288,131$43,280,097▲ $1,991,966
Total Liabilities and Net Assets / Fund Balance$85,213,388$87,250,116▲ $2,036,728

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$40,324,036$35,784,040$76,108,076
Equipment$1,638,815$9,981,447$11,620,262
Land$5,829,178-$5,829,178
Other Land Buildings$1,357,809$1,663,319$3,021,128
Other Securities$26,859,393--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ssjsr Phyllis MccrackenPresident/CEOFT$206,835$51,567$258,402
Audrey UrbanAdministrator, AsburyFT$116,684$23,337$140,021
Cheryl TruettAdministrator, EastFT$115,694$23,139$138,833
Allen BonaceVP of Special ProjectsFT$104,824$12,579$117,403
Robert CoxCFOPT$92,184$11,062$103,246

Board Members and Trustees

NameTitle
Carol MingarelleChairperson
Christopher Dennis CoughlinVice Chairperson
Austin John BruggerBoard Member
Barbara Louise DrewBoard Member
Bridget Power BarberBoard Member
Danny JonesBoard Member
Gerald P DillBoard Member
James Mcnamara EsqBoard Member
Jane K StephersonBoard Member
Karen Marie McelhinnyBoard Member
Mary ZennerBoard Member
Maudie FordBoard Member
Rev Thomas BrooksBoard Member
Robert Gerard EkBoard Member
Ron SeigleyBoard Member
Sr Mary HerrmannBoard Member
Almitra Maria ClerkinSecretary
Mary Rzymek WingroveTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Symbria Rehab BillingRehab Therapy Services28100 TOURCH PARKWAY SUITE 600, Warrenville, IL 60555$1,694,449
Vantage LtcPharmacy Supplies1305 SOUTH MAIN ST, Meadville, PA 16335$624,616
Vantage Linen ServicesLinen Services1305 SOUTH MAIN ST, Meadville, PA 16335$334,965
Allegheny Health Network Home InfusionInfusion/pharmacy Services1305 SOUTH MAIN ST, Meadville, PA 16335$112,621
Revenue and Support

Revenue Composition

Contributions and Grants
$682,401
Program Service Revenue
$29,971,257
Investment Income
$1,303,431
Other Revenue
$182,637
All Other Contributions
$607,721
Change in Net Assets
$-1,417,050

Audited Revenue Reconciliation

Revenue per Audited Statements
$32,025,104
Revenue Not Reported on Financial Statements
$114,622
Revenue Not Reported on Form 990
$3,641,334
Other Revenue Adjustments
$114,622
Total Revenue per Audited Statements
$35,666,438
Total Revenue per Form 990
$32,139,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$19,776,094
Other Expenses$13,780,682
Total Fundraising Expense$77,995
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$12,573,907$1,646,987$39,866$14,260,760
Other Employee Benefits$3,289,722$457,230$10,430$3,757,382
Depreciation Depletion$3,185,317--$3,185,317
Other Expenses$1,296,420$355,219-$1,296,420
Occupancy$1,224,041--$1,224,041
Interest$1,128,951--$1,128,951
Payroll Taxes$927,285$144,139$2,940$1,074,364
All Other Expenses$588,771$163,100$7,780$759,651
Fees for Services Other$400,869$73,733-$474,602
Office Expenses$227,083$141,818$1,761$370,662
Current Officers, Directors, Trustees, and Key Employees-$361,648-$361,648
Insurance$322,502--$322,502
Pension Plan Contributions$277,867$43,192$881$321,940
Advertising-$200,069-$200,069
Fees for Services Legal-$71,649-$71,649
Fees for Services Accounting-$50,953-$50,953
Fees for Service Investment Mgmnt Fees-$46,666-$46,666
Information Technology-$36,585-$36,585
Travel$3,781$6,506$14,337$24,624
Conferences and Meetings$16,081$3,428-$19,509
Total Functional Expenses$29,675,859$3,802,922$77,995$33,556,776

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$33,970,435
Total Expenses per Form 990$33,556,776
Expenses per Audited Statements$33,510,110
Expenses Not Reported on Form 990$460,325
Expenses Not Reported on Financial Statements$46,666
Other Expense Adjustments$46,666
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,524
Fundraising Gross Income$17,280
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
SAINT MARY'S FOLLIES$91,960$17,280$19,570$-2,290
Total Events$91,960$17,280$44,524$-27,244
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Fees$7,194,100
Other Liabilities$121,260
Apartment Security Deposits$28,937
Resident Fund Liability$28,210

Bond Issues

BondIssuerIssuedIssue PricePurpose
AThe Erie County Hospital Authority2006-06-15$26,297,311Refund prior issues (4/17/90 & 10/13/99)
BThe Erie County Hospital Authority2013-05-09$23,235,000REFUND BONDS 6/5/08

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$29,280,890$26,853,126$15,620,000$438,214
B$23,235,000$22,871,734$1,562,992$363,266

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Bridget power barber and karen marie mcelhinny are employed by the dr gertrude a barber center.

Form 990, Part VI, Section A, Line 6

The members of saint mary's home of erie shall be persons who, at any given time, are the president and elected leadership of the sisters of st. Joseph of northwestern pennsylvania.

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

The president of the sisters of st. Joseph of northwestern pennsylvania, or her designee, the president of saint mary's home and a representative of the bishop of the roman catholic diocese of erie shall be non-elected voting members of the board.

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

The corporation shall not purchase, lease, sell, or encumber real estate in excess of $5,000,000 without the prior approval of the sisters of st. Joseph of northwestern pennsylvania. The corporation shall not have the power to merge, in any manner whatsoever, into another corporation or to dissolve itself without prior approval of the sisters of st. Joseph of northwestern pennsylvania.

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

Saint mary's home of erie has a cpa firm prepare its form 990. The return is completed in draft form and reviewed by management of the organization. The return is then finalized and the board is provided a copy of the form 990 to review before it is filed.

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

Saint mary's home of erie annually requires its board members, officers and key employees to fill out a conflict of interest form. During board meetings, if an interested party has a conflict, he or she recuses themselves from voting.

Form 990, Part VI, Section B, Line 15

Saint mary's home of erie's board of directors periodically reviews and approves the compensation of their organization's top management and key employees. In 2008, saint mary's home of erie hired an independent consultant to review their top management and key employee's compensation. The independent consultant compared the compensation of saint mary's executives to executives in other similar organizations in order to ensure reasonableness of compensation. Saint mary's also obtained and utilized the 2016-2017 continuing care retirement community salary and benefit report by hospital and healthcare compensation service. Saint mary's utilized guidestar to ensure reasonable compensation during fiscal year 2017.

Form 990, Part VI, Section C, Line 19

Saint mary's home of erie makes its form 990 available to the public. The 990 is available for public viewing upon request, the financial statements are available to the general public upon request, and some financial information is disclosed in the annual report. At this time, saint mary's does not make its governing documents and conflict of interest policy available to the general public.

Form 990, Part VI, Section B, Question 16B

When saint mary's home of erie contemplates entering into a joint venture with for profit organizations, it engages legal counsel and tax counsel to ensure that the tax exempt status of saint mary's home of erie is safeguarded. Saint mary's home of erie adopted a written policy on joint ventures in may 2010.

Form 990, Part VII, Section A

Compensation to sister phyllis mccracken is contributed directly to the sisters of st. Joseph of northwestern pa (ssj) for the services she provides. No compensation is paid directly to sister phyllis mccracken from saint mary's home of erie. Colleen stumpf is a non-voting board member.

Filing and Contact Details

Filer

Filer Name
SAINT MARY'S HOME OF ERIE
EIN
25-1073144
Phone
8144590621
Address
607 EAST 26TH STREET, ERIE, PA 16504-2887
Doing Business As
See Schedule O

Signing Officer

Name
Robert Cox
Title
CFO
Phone
8144590621
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sr Phyllis Mccracken
Formed
1974
Legal Domicile
Pa
Voting Board Members
19
Independent Board Members
19
Employees
567
Volunteers
110

Preparer

Firm
Arnett Carbis Toothman Llp
Address
5700 CORPORATE DRIVE STE 650, PITTSBURGH, PA 15237
Preparer
Jeffrey J Petrell CPA
Phone
4126356270
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Unrealized gain on swap 187,904. Unrealized gains on beneficial interest on perpetual trusts 58,695.

FORM 990, PART XII, LINE 2C:

The process of assuming responsibility for oversight of the audit and selection of the independent accountant remains consistent with prior years.

Form 990, Page 1

Doing business as: saint mary's east saint mary's at asbury ridge

Financial Statement Notes

PART X, LINE 2:

The home follows the guidance for accounting for uncertainty in income taxes recognized in a company's financial statements that prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The guidance also addresses derecognition, classification, interest and penalties, accounting in interim periods, and disclosure. Management has determined that this guidance did not have a material effect on the financial statements. The home's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. There were no interest or penalties recognized on the statements of operations as a result of this guidance. Generally, tax returns for years ended december 31, 2014, and thereafter remain subject to examination by federal and state tax authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 415,801. Fundraising event expenses 44,524. Net assets released from restrictions 18,592.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Temporarily restricted contributions 66,826. Investment management fees 46,666. Permanently restricted investment income 1,130.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rental expenses 415,801. Fundraising event expenses 44,524.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment management fees 46,666.

Raw XML AppendixShowing 400 of 921 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/ActivityOrMissionDesc0FOUNDED BY THE SISTERS OF ST. JOSEPH AND OPERATED IN THE CATHOLIC TRADITION, SAINT MARY'S HOME OF ERIE IS COMMITTED TO AN ENVIRONMENT OF LOVING TO CARE WHERE PRIMARILY SENIORS, THEIR FAMILIES, STAFF AND VOLUNTEERS PARTICIPATE IN FOSTERING AN ATMOSPHERE OF COMMUNITY.
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IRS990/Desc0TO PROVIDE FOR THE PHYSICAL, PSYCHOLOGICAL, SOCIAL AND SPIRITUAL NEEDS OF SENIOR MEMBERS OF SOCIETY IN RETIREMENT, RESIDENTIAL, NURSING HOME, COMMUNITY, CONTINUING CARE RETIREMENT COMMUNITY (CCRC) AND RELATED SETTINGS. THE FACILITIES INCLUDE 219 LONG TERM BEDS, 295 PERSONAL CARE/ INDEPENDENT LIVING BEDS, ADULT DAY CARE SERVICES, AND INDEPENDENT LIVING INCLUDING 26 CARRIAGE HOMES AND 60 APARTMENTS.
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IRS990/Form990PartVIISectionAGrp/PersonNm3MARY RZYMEK WINGROVE
IRS990/Form990PartVIISectionAGrp/PersonNm4ALMITRA MARIA CLERKIN
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IRS990/Form990PartVIISectionAGrp/PersonNm6REV THOMAS BROOKS
IRS990/Form990PartVIISectionAGrp/PersonNm7GERALD P DILL
IRS990/Form990PartVIISectionAGrp/PersonNm8JANE K STEPHERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9MAUDIE FORD
IRS990/Form990PartVIISectionAGrp/PersonNm10AUSTIN JOHN BRUGGER
IRS990/Form990PartVIISectionAGrp/PersonNm11SR MARY HERRMANN
IRS990/Form990PartVIISectionAGrp/PersonNm12JAMES MCNAMARA ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm13KAREN MARIE MCELHINNY
IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT GERARD EK
IRS990/Form990PartVIISectionAGrp/PersonNm15BARBARA LOUISE DREW
IRS990/Form990PartVIISectionAGrp/PersonNm16DANNY JONES
IRS990/Form990PartVIISectionAGrp/PersonNm17RON SEIGLEY
IRS990/Form990PartVIISectionAGrp/PersonNm18MARY ZENNER
IRS990/Form990PartVIISectionAGrp/PersonNm19ROBERT COX
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IRS990/Form990PartVIISectionAGrp/TitleTxt19CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt20ADMINISTRATOR, ASBURY
IRS990/Form990PartVIISectionAGrp/TitleTxt21ADMINISTRATOR, EAST
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP OF SPECIAL PROJECTS
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IRS990/MissionDesc0FOUNDED BY THE SISTERS OF ST. JOSEPH AND OPERATED IN THE CATHOLIC TRADITION, SAINT MARY'S HOME OF ERIE IS COMMITTED TO AN ENVIRONMENT OF LOVING TO CARE WHERE PRIMARILY SENIORS, THEIR FAMILIES, STAFF AND VOLUNTEERS PARTICIPATE IN FOSTERING AN ATMOSPHERE OF COMMUNITY.
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