Civic Intelligence

Samaritan Housing Foundation Inc.

990 • Fiscal year 2020 • EIN 31-1644805

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 11, 2021

Organization ProfileWWW.SEARSTONE.COM

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17001 Searstone DriveCary, NC 27513

(866) 261-1814

Siviq Scores

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

Liabilities / Assets

98th percentile

1.55x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

15.54x

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

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

8th percentile

-32%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

32nd percentile

$334,907

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$137,509,038

Down $39,579,084 (-22%) from 2013

Net Assets

Down

-$75,891,289

Down $48,358,394 (-176%) from 2013

Liabilities

Up

$213,400,327

Up $8,779,310 (+4.3%) from 2013

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin8th percentile

Revenue

Up

$13,730,529

Up $13,325,545 (+3290%) from 2013

Expenses

Up

$18,171,029

Up $15,619,559 (+612%) from 2013

Net Income

Down

-$4,440,500

Down $2,294,014 (-107%) from 2013

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$600M$400M$200M$0-$200MAssets 2013: $177,088,122Liabilities 2013: $204,621,017Net Assets 2013: -$27,532,8952013Assets 2020: $137,509,038Liabilities 2020: $213,400,327Net Assets 2020: -$75,891,2892020Assets 2021: $309,375,809Liabilities 2021: $389,208,617Net Assets 2021: -$79,832,8082021Assets 2022: $316,589,034Liabilities 2022: $403,094,478Net Assets 2022: -$86,505,4442022Assets 2024: $325,212,213Liabilities 2024: $425,575,075Net Assets 2024: -$100,362,8622024

Highlighted filing

2020

Assets$137,509,038
Liabilities$213,400,327
Net Assets-$75,891,289
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40M$30M$20M$10M$0-$10MRevenue 2013: $404,984Expenses 2013: $2,551,470Net Income 2013: -$2,146,4862013Revenue 2020: $13,730,529Expenses 2020: $18,171,029Net Income 2020: -$4,440,5002020Revenue 2021: $14,744,618Expenses 2021: $18,969,886Net Income 2021: -$4,225,2682021Revenue 2022: $14,492,637Expenses 2022: $20,325,311Net Income 2022: -$5,832,6742022Revenue 2024: $27,836,580Expenses 2024: $32,815,986Net Income 2024: -$4,979,4062024

Highlighted filing

2020

Revenue$13,730,529
Expenses$18,171,029
Net Income-$4,440,500
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 11, 2021
Return Version
2020v4.1
Gross Receipts
$13,731,481
Mission and Program Overview

Mission

The community is established to provide an enhanced retirement environment featuring full- service life care for residents of sixty-two plus (62+) years of age, while emphasizing an active lifestyle, individual independence, personal dignity, and family estate preservation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$108,001,806$108,391,631▲ $389,825
Investments in Publicly Traded Securities$15,122,677$23,618,052▲ $8,495,375
Savings and Temporary Cash Investments$102,536$1,448,840▲ $1,346,304
Cash and Non-Interest-Bearing Accounts$622,587$1,073,796▲ $451,209
Other Notes and Loans Receivable, Net$500,000$500,000→ $0
Prepaid Expenses and Deferred Charges$156,436$299,787▲ $143,351
Accounts Receivable$33,959$80,891▲ $46,932
Total Assets$126,330,609$137,509,038▲ $11,178,429
Other Assets Total$1,790,608$2,096,041▲ $305,433
Liabilities
Other Liabilities$100,529,374$111,281,877▲ $10,752,503
Tax Exempt Bond Liabilities$83,959,081$89,284,115▲ $5,325,034
Deferred Revenue$11,093,913$11,250,472▲ $156,559
Accounts Payable and Accrued Expenses$2,464,749$1,583,863▼ $880,886
Total Liabilities$198,047,117$213,400,327▲ $15,353,210
Net Assets / Fund Balance
Net Assets With Donor Restrictions$103,177$156,614▲ $53,437
Net Assets Without Donor Restrictions$-71,819,685$-76,047,903▼ $4,228,218
Total Net Assets Fund Balance$-71,716,508$-75,891,289▼ $4,174,781
Total Liabilities and Net Assets / Fund Balance$126,330,609$137,509,038▲ $11,178,429

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$60,275,128$14,778,255$75,053,383
Leasehold Improvements$24,100,203$5,908,887$30,009,090
Land$21,251,068-$21,251,068
Equipment$1,798,875$441,048$2,239,923
Other Land Buildings$966,357$236,932$1,203,289
Compensation and Service Providers
Top Officer Pay32nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stanley G BradingPresidentPT$279,600$55,307$334,907
W Derrick MooreExecutive DirectorFT$157,521$8,864$166,385
Allie LigayDirector of MarketingFT$142,145$9,417$151,562
Mary P ClementsChief Financial OfficerFT$139,259$9,907$149,166
James PierceDirector-$6,000-$6,000
Charles HendersonDirector-$6,000-$6,000
Charles NormanDirector-$6,000-$6,000
Linda ColemanDirector-$6,000-$6,000
Tom BeebeDirector-$6,000-$6,000
Mack LeathDirector-$5,500-$5,500
Marc HewittDirector-$5,500-$5,500

Board Members and Trustees

NameTitle
Darryl MillsDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Stewart & ConnersArchitects3731 LATROBE DR STE 100, Charlotte, NC 28211$919,677
Searstone RlaManagement Company7200 CREEDMOOR ROAD SUITE 102, Raleigh, NC 27613$587,665
K&l Gates LLPLegal ServicesPO BOX 844255, Boston, MA 02284-4255$322,994
Withers & Revenel INCEngineers115 MACKENAN DRIVE, Cary, NC 27511$263,110
Greenbrier Development LLCDeveloper3232 MCKINNEY AVE SUITE 1160, Dallas, TX 75204$258,949
Revenue and Support

Revenue Composition

Contributions and Grants
$39,955
Program Service Revenue
$13,415,709
Investment Income
$274,889
Other Revenue
$-24
All Other Contributions
$34,246
Change in Net Assets
$-4,440,500

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,584,232
Revenue Not Reported on Financial Statements
$146,297
Revenue Not Reported on Form 990
$265,719
Other Revenue Adjustments
$146,297
Total Revenue per Audited Statements
$13,849,951
Total Revenue per Form 990
$13,730,529
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,684,218
Salaries, Compensation, and Employee Benefits$4,824,049
Grants and Similar Amounts Paid$662,762
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,798,726--$4,798,726
Other Salaries and Wages$3,186,193$420,641-$3,606,834
Depreciation Depletion$3,217,968--$3,217,968
Fees for Services Other$847,192$211,798-$1,058,990
Office Expenses$582,249$145,603-$727,852
Occupancy$538,627$134,657-$673,284
Grants to Domestic Orgs$662,762--$662,762
Fees for Services Management-$578,652-$578,652
Other Employee Benefits$410,614$102,653-$513,267
Current Officers, Directors, Trustees, and Key Employees-$375,907-$375,907
Payroll Taxes$242,851$60,713-$303,564
Fees for Services Legal-$210,315-$210,315
Advertising-$205,915-$205,915
Insurance$202,984--$202,984
Information Technology$159,595$39,899-$199,494
Other Expenses$120,078$30,020-$150,098
Fees for Services Accounting-$67,465-$67,465
Travel$21,997$5,499-$27,496
Pension Plan Contributions$19,582$4,895-$24,477
Conferences and Meetings$12,534$3,133-$15,667
Total Functional Expenses$15,573,264$2,597,765$0$18,171,029

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$18,171,029
Total Expenses per Form 990$18,171,029
Total Expenses per Audited Statements$18,024,732
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-146,297
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lutheran Services CarolinasSalisbury, NC501(c)(3)Assistance to Other Not for Profits That Meet Our Charitable Purpose$662,762
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$952
Fundraising Gross Income$928
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refunable Advance Fees$87,574,576
Subordinate Obligations$15,899,875
Resident Deposits$7,049,526
Ppp Loan/grant Proceeds$757,900

Bond Issues

BondIssuerIssuedIssue PricePurpose
BPublic Finance Authority2017-12-27$77,745,000Revenue bonds (searstone ccrc project) series 2017
APublic Finance Authority2016-12-28$7,461,440Revenue bonds (searstone ccrc project) series 2016
CPublic Finance Authority2020-06-30$4,439,660Revenue bonds (searstone ccrc project) series 2020a

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$77,745,000-$67,576$1,487,853
A$7,461,440$69,628,908$1,766$135,000
C$4,439,660-$183-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
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
No
Management duties delegated
No

Governance Explanations

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

“The 990-preparation file is completed by the cfo. The cfo reviews it and provides it to the board, ssrla, management and the corporate attorney for comment. The final 990 is distributed to the board and filed with the irs.”

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

“Yearly, the policy is issued to the board at a regular board meeting. The members are asked to review and then complete the yearly statement. The statements are kept by the administrative assistant.”

Form 990, Part VI, Section B, Line 15

“The hr manager obtains pay information for all positions including top personnel. She reviews our salaries and makes recommendations to rla and senior management for adjustments to the pay band. Rla and management reviews the recommendations and make appropriate changes. The changes are made in the next fiscal year budget.”

Form 990, Part VI, Section C, Line 19

“The organization provides copies of its financial statements and governing documents upon request at its offices.”

Filing and Contact Details

Filer

Filer Name
Samaritan Housing Foundation Inc
EIN
31-1644805
Phone
8662611814
Address
17001 SEARSTONE DRIVE, CARY, NC 27513

Signing Officer

Name
Mary P Clements
Title
CFO
Phone
8662611814
Signed
2021-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley Brading
Formed
2005
Legal Domicile
Nc
Voting Board Members
8
Independent Board Members
8
Employees
213
Volunteers
100

Preparer

Firm
Dixon Hughes Goodman Llp
Address
500 RIDGEFIELD COURT, ASHEVILLE, NC 28806
Preparer
Amy Bibby
Phone
8282542254
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed since the prior year.”

Financial Statement Notes

PART X, LINE 2:

“The corporation is exempt from federal income taxes under section 501(c)(3) of the internal revenue code; accordingly, the accompanying financial statements do not reflect a provision or liability for federal and state income taxes. The corporation has determined that it does not have any material unrecognized tax benefits or obligations as of 2020 or 2019.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Expenses netted on fs 146,297.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses netted on fs -146,297.”

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IRS990/ActivityOrMissionDesc0THE COMMUNITY IS ESTABLISHED TO PROVIDE AN ENHANCED RETIREMENT ENVIRONMENT FEATURING FULL- SERVICE LIFE CARE FOR RESIDENTS OF SIXTY-TWO PLUS (62+) YEARS OF AGE, WHILE EMPHASIZING AN ACTIVE LIFESTYLE, INDIVIDUAL INDEPENDENCE, PERSONAL DIGNITY, AND FAMILY ESTATE PRESERVATION.
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IRS990/Desc0SEARSTONE RETIREMENT COMMUNITY IS MADE UP OF 169 LIVING UNITS FOR 245 PEOPLE AND 39 BEDS OF NURSING CARE, 14 FOR ASSISTED LIVING AND 25 FOR NURSING CARE. SERVICES SUCH AS MEALS, HOUSEKEEPING, MAINTENANCE, ACTIVITIES, TRANSPORTATION, AND NURSING SERVICES ARE AVAILABLE. WE OFFER PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY FOR THOSE RESIDENTS WHO CAN BENEFIT FROM THESE PROGRAMS, OFFERING OVER 11,000 SESSIONS OF THERAPY IN 2020.WE HAVE A FOOD SERVICE PROGRAM WHICH PROVIDES MEALS TO RESIDENTS, THEIR GUESTS AND OUR STAFF. IN 2020, WE SERVED 85,000 MEALS.ACTIVITIES ARE OFFERED IN EACH LEVEL OF CARE DEPENDING ON THE LEVEL OF ACTIVITIES SUITABLE FOR THAT LEVEL OF CARE, FROM GOING OUT TO PUBLIC PROGRAMS SUCH AS THEATER PRODUCTIONS TO SYMPHONIES, OR HAVING IN-HOUSE EVENTS COMPRISED OF THEME PARTIES AND GAMES. OUR NURSING SERVICES COVER THE ENTIRE CAMPUS AND RANGE FROM EMERGENCY NURSING SERVICES TO 24-HOUR NURSING SERVICES.
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IRS990/Form990PartVIISectionAGrp/PersonNm5CHARLES NORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JAMES PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm7TOM BEEBE
IRS990/Form990PartVIISectionAGrp/PersonNm8DARRYL MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm9W DERRICK MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm10MARY P CLEMENTS
IRS990/Form990PartVIISectionAGrp/PersonNm11ALLIE LIGAY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0279600
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt35500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt45500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt56000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt66000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt76000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9157521
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10139259
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11142145
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF MARKETING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/FundraisingAmt05709
IRS990/FundraisingDirectExpensesAmt0952
IRS990/FundraisingGrossIncomeAmt0928
IRS990/GainOrLossGrp/SecuritiesAmt074641
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt0662762
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0662762
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0662762
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt074641
IRS990/GrossReceiptsAmt013731481
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt039899
IRS990/InformationTechnologyGrp/ProgramServicesAmt0159595
IRS990/InformationTechnologyGrp/TotalAmt0199494
IRS990/InsuranceGrp/ProgramServicesAmt0202984
IRS990/InsuranceGrp/TotalAmt0202984
IRS990/InterestGrp/ProgramServicesAmt04798726
IRS990/InterestGrp/TotalAmt04798726
IRS990/InvestmentIncomeGrp/ExclusionAmt0200248
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0200248
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015122677
IRS990/InvestmentsPubTradedSecGrp/EOYAmt023618052
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt021365122
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0108001806
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0108391631
IRS990/LandBldgEquipCostOrOtherBssAmt0129756753
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SEE SCHEDULE O.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-71716508
IRS990/NetAssetsOrFundBalancesEOYAmt0-75891289
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt074641
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt074641
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-24
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-24
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0265719
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-71819685
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-76047903
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0134657
IRS990/OccupancyGrp/ProgramServicesAmt0538627
IRS990/OccupancyGrp/TotalAmt0673284
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0145603
IRS990/OfficeExpensesGrp/ProgramServicesAmt0582249
IRS990/OfficeExpensesGrp/TotalAmt0727852
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01790608
IRS990/OtherAssetsTotalGrp/EOYAmt02096041
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0102653
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0410614
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0513267
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGE
IRS990/OtherExpensesGrp/Desc1OTHER COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt030020
IRS990/OtherExpensesGrp/ProgramServicesAmt0549312
IRS990/OtherExpensesGrp/ProgramServicesAmt1120078
IRS990/OtherExpensesGrp/TotalAmt0549312
IRS990/OtherExpensesGrp/TotalAmt1150098
IRS990/OtherLiabilitiesGrp/BOYAmt0100529374
IRS990/OtherLiabilitiesGrp/EOYAmt0111281877
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0420641
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03186193
IRS990/OtherSalariesAndWagesGrp/TotalAmt03606834
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0500000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt0500000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt060713
IRS990/PayrollTaxesGrp/ProgramServicesAmt0242851
IRS990/PayrollTaxesGrp/TotalAmt0303564
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04895
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019582
IRS990/PensionPlanContributionsGrp/TotalAmt024477
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0156436
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0299787
IRS990/PrincipalOfficerNm0STANLEY BRADING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623990
IRS990/ProgramServiceRevenueGrp/BusinessCd1623990
IRS990/ProgramServiceRevenueGrp/BusinessCd2623990
IRS990/ProgramServiceRevenueGrp/BusinessCd3623990
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1AMORTIZATION OF ENTRANCE FEE
IRS990/ProgramServiceRevenueGrp/Desc2RESIDENT MEALS
IRS990/ProgramServiceRevenueGrp/Desc3RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt011089263
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11241931
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2966575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3117940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011089263
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11241931
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2966575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3117940
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt059304
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0555297
IRS990/PYInvestmentIncomeAmt0380056
IRS990/PYOtherExpensesAmt012880135
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012551108
IRS990/PYRevenuesLessExpensesAmt0-4919769
IRS990/PYSalariesCompEmpBnftPaidAmt04474805
IRS990/PYTotalExpensesAmt017910237
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt012990468
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4440500
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt013415709
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0102536
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01448840
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt059304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt043792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015839
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0710
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0159600
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0200248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0352677
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0273004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt062819
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0160751
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01049499
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012449134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011625887
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt011082077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010425886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010267084
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt055850068
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0966575
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0925221
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0846751
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0766644
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt050245
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt03555436
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0200248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0352677
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0273004
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt062819
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0160751

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$137,509,038
Liabilities
$213,400,327
Net assets
-$75,891,289
Revenue
$13,730,529
Expenses
$18,171,029
Net income
-$4,440,500
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$325$426$100$27.8$32.8$4.98
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$317$403$86.5$14.5$20.3$5.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$309$389$79.8$14.7$19.0$4.23
2020Detailed filing. Detailed filing data is available for this year.$138$213$75.9$13.7$18.2$4.44
2013Detailed filing. Detailed filing data is available for this year.$177$205$27.5$0.40$2.55$2.15