Civic Intelligence

Samaritan Housing Foundation Inc.

990 • Fiscal year 2021 • EIN 31-1644805

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 04, 2022

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

97th percentile

1.26x

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

99th percentile

26.40x

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

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

5th percentile

-29%

Higher net margin than 5% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

50th percentile

$759,907

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 5.2% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

98th percentile

125%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

7.4%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets97th percentile

Assets

Up

$309,375,809

Up $171,866,771 (+125%) from 2020

Net Assets

Down

-$79,832,808

Down $3,941,519 (-5.2%) from 2020

Liabilities

Up

$389,208,617

Up $175,808,290 (+82%) from 2020

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin5th percentile

Revenue

Up

$14,744,618

Up $1,014,089 (+7.4%) from 2020

Expenses

Up

$18,969,886

Up $798,857 (+4.4%) from 2020

Net Income

Up

-$4,225,268

Up $215,232 (+4.8%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

2021

Assets$309,375,809
Liabilities$389,208,617
Net Assets-$79,832,808
Open 2021 Filing

Operations Trend

Revenue Growth40th percentile

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

2021

Revenue$14,744,618
Expenses$18,969,886
Net Income-$4,225,268
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 4, 2022
Return Version
2021v4.2
Gross Receipts
$15,373,182
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
Investments in Publicly Traded Securities$23,618,052$184,326,850▲ $160,708,798
Land, Buildings, and Equipment, Net$108,391,631$117,452,381▲ $9,060,750
Cash and Non-Interest-Bearing Accounts$1,073,796$1,476,998▲ $403,202
Other Notes and Loans Receivable, Net$500,000--
Prepaid Expenses and Deferred Charges$299,787$284,994▼ $14,793
Savings and Temporary Cash Investments$1,448,840$115,481▼ $1,333,359
Accounts Receivable$80,891$34,950▼ $45,941
Total Assets$137,509,038$309,375,809▲ $171,866,771
Other Assets Total$2,096,041$5,684,155▲ $3,588,114
Liabilities
Tax Exempt Bond Liabilities$89,284,115$260,634,083▲ $171,349,968
Other Liabilities$111,281,877$114,102,251▲ $2,820,374
Deferred Revenue$11,250,472$11,503,281▲ $252,809
Accounts Payable and Accrued Expenses$1,583,863$2,969,002▲ $1,385,139
Total Liabilities$213,400,327$389,208,617▲ $175,808,290
Net Assets / Fund Balance
Net Assets With Donor Restrictions$156,614$333,037▲ $176,423
Net Assets Without Donor Restrictions$-76,047,903$-80,165,845▼ $4,117,942
Total Net Assets Fund Balance$-75,891,289$-79,832,808▼ $3,941,519
Total Liabilities and Net Assets / Fund Balance$137,509,038$309,375,809▲ $171,866,771

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$68,076,342$17,520,442$85,596,784
Leasehold Improvements$25,190,215$6,483,070$31,673,285
Land$21,257,868-$21,257,868
Equipment$1,963,755$505,401$2,469,156
Other Land Buildings$964,201$248,151$1,212,352
Compensation and Service Providers
Top Officer Pay50th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stanley G BradingPresidentPT$279,600$480,307$759,907
W Derrick MooreExecutive DirectorFT$160,104$8,959$169,063
Allie LigayDirector of MarketingFT$141,110$8,640$149,750
Mary P ClementsChief Financial OfficerFT$128,682$3,421$132,103
James PierceDirector-$7,500-$7,500
Charles NormanDirector-$7,500-$7,500
Mack LeathDirector-$7,500-$7,500
Marc HewittDirector-$7,500-$7,500
Tom BeebeDirector-$7,500-$7,500
Charles HendersonDirector-$7,000-$7,000
Linda ColemanDirector-$6,500-$6,500

Board Members and Trustees

NameTitle
Earl a MeadDirector
Darryl MillsSpecial Advisor

Highest Paid Contractors

ContractorServicesLocationCompensation
Stewart & Conners Architects PllcArchitects3731 LATROBE DR STE 100, Charlotte, NC 28211$1,045,843
Tri South Mechanical LLCHvacPO BOX 2114, Wake Forest, NC 27588$287,120
Dixon Hughes GoodmanAccounting/consultingPO BOX 602828, Charlotte, NC 28260$217,380
K&l Gates LLPLegalPO BOX 844255, Boston, MA 02284$154,821
Jof PaintingPainting101 WOOD HOLLOW DR, Cary, NC 27513$150,055
Revenue and Support

Revenue Composition

Contributions and Grants
$934,323
Program Service Revenue
$14,226,437
Investment Income
$-416,142
Other Revenue
$0
All Other Contributions
$176,423
Change in Net Assets
$-4,225,268

Audited Revenue Reconciliation

Revenue per Audited Statements
$14,947,085
Revenue Not Reported on Financial Statements
$-202,467
Revenue Not Reported on Form 990
$283,749
Other Revenue Adjustments
$-202,467
Total Revenue per Audited Statements
$15,230,834
Total Revenue per Form 990
$14,744,618
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$13,388,136
Salaries, Compensation, and Employee Benefits$4,871,750
Grants and Similar Amounts Paid$710,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$4,598,587--$4,598,587
Depreciation Depletion$3,587,102--$3,587,102
Other Salaries and Wages$3,029,045--$3,029,045
Fees for Services Other$1,014,660$253,665-$1,268,325
Office Expenses$790,928$201,058-$991,986
Current Officers, Directors, Trustees, and Key Employees-$971,011-$971,011
Grants to Domestic Orgs$710,000--$710,000
Occupancy$524,856$131,214-$656,070
Other Employee Benefits$398,194$99,549-$497,743
Fees for Services Management-$459,270-$459,270
Advertising-$376,818-$376,818
Payroll Taxes$280,110$70,027-$350,137
Insurance$252,397--$252,397
Information Technology$160,432$40,108-$200,540
Other Expenses$155,562$38,890-$194,452
Fees for Services Legal-$92,963-$92,963
Fees for Services Accounting-$84,090-$84,090
Travel$22,032$5,530-$27,562
Pension Plan Contributions$19,051$4,763-$23,814
Conferences and Meetings$16,364$4,091-$20,455
Total Functional Expenses$16,136,839$2,833,047$0$18,969,886

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$19,172,353
Expenses per Audited Statements$18,969,886
Total Expenses per Form 990$18,969,886
Expenses Not Reported on Form 990$202,467
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Lutheran Services CarolinasSalisbury, NC501(c)(3)Assistance to Other Not for Profits That Meet Our Charitable Purpose$710,000
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance Fees$89,158,444
Subordinate Obligations$14,451,275
Resident Deposits$10,492,532

Bond Issues

BondIssuerIssuedIssue PricePurpose
CPublic Finance Authority2021-11-10$258,931,954Revenue bonds (searstone ccrc project) series 2021 a-b and refunding
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

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$258,931,954--$5,037,944
B$77,745,000$89,017,347$1,182,576$1,487,853
A$7,461,440$69,628,908$1,766$135,000

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
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Samaritan housing foundation delegated its usual management duties to searstone rla the tax year. The total amount of the transaction is $396,000.”

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.”

Form 990 Part VII

“The $759,907 in total compensation from the organization to its president stanley g. Brading for the year 2021, as reflected in schedule j, part ii, line (1), consists of the following: 1. $279,600 in base compensation for services rendered by mr. Brading during the year 2021; 2. $425,000 in incentive compensation, representing the payment in 2021 of deferred compensation for services rendered by mr. Brading from 2017 through 2021, the payment of which was contractually contingent upon the organization's achievement of certain milestones pertaining to the financing of the organization's phase ii 'highview" expansion project (with achievement of the financing milestones dependent upon the organization's satisfaction of numerous development, marketing, financial, and governmental approval criteria as relating to the expansion project); and 3. $55,307 in nontaxable benefits for services rendered by mr. Brading during the year 2021.”

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
Ken Bullock
Title
CFO
Phone
8662611814
Signed
2022-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stanley Brading
Formed
2005
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
252
Volunteers
0

Preparer

Firm
Forvis 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 2021 or 2020.”

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Expenses netted on fs -202,467.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expenses netted on fs 202,467.”

Raw XML AppendixShowing 400 of 782 raw XML fields

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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/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt108959
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118640
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt123421
IRS990/Form990PartVIISectionAGrp/PersonNm0STANLEY G BRADING
IRS990/Form990PartVIISectionAGrp/PersonNm1LINDA COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2CHARLES HENDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm3CHARLES NORMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES PIERCE
IRS990/Form990PartVIISectionAGrp/PersonNm5TOM BEEBE
IRS990/Form990PartVIISectionAGrp/PersonNm6MARC HEWITT
IRS990/Form990PartVIISectionAGrp/PersonNm7MACK LEATH
IRS990/Form990PartVIISectionAGrp/PersonNm8DARRYL MILLS
IRS990/Form990PartVIISectionAGrp/PersonNm9EARL A MEAD
IRS990/Form990PartVIISectionAGrp/PersonNm10W DERRICK MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm11ALLIE LIGAY
IRS990/Form990PartVIISectionAGrp/PersonNm12MARY P CLEMENTS
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt27000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt37500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt47500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt57500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt67500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt77500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10160104
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11141110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12128682
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
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/TitleTxt8SPECIAL ADVISOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF FINANCIAL OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02005
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IRS990/FSAuditedInd01
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IRS990/GainOrLossGrp/SecuritiesAmt0-566431
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0757900
IRS990/GrantAmt0710000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0710000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0710000
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt062133
IRS990/GrossReceiptsAmt015373182
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt040108
IRS990/InformationTechnologyGrp/ProgramServicesAmt0160432
IRS990/InformationTechnologyGrp/TotalAmt0200540
IRS990/InsuranceGrp/ProgramServicesAmt0252397
IRS990/InsuranceGrp/TotalAmt0252397
IRS990/InterestGrp/ProgramServicesAmt04598587
IRS990/InterestGrp/TotalAmt04598587
IRS990/InvestmentIncomeGrp/ExclusionAmt0150289
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0150289
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt023618052
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0184326850
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt043
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt024757064
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0108391631
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0117452381
IRS990/LandBldgEquipCostOrOtherBssAmt0142209445
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0628564
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/NetAssetsOrFundBalancesBOYAmt0-75891289
IRS990/NetAssetsOrFundBalancesEOYAmt0-79832808
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-566431
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-566431
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0283749
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-76047903
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-80165845
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0131214
IRS990/OccupancyGrp/ProgramServicesAmt0524856
IRS990/OccupancyGrp/TotalAmt0656070
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0201058
IRS990/OfficeExpensesGrp/ProgramServicesAmt0790928
IRS990/OfficeExpensesGrp/TotalAmt0991986
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02096041
IRS990/OtherAssetsTotalGrp/EOYAmt05684155
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt099549
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0398194
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0497743
IRS990/OtherExpensesGrp/Desc0FOOD AND BEVERAGE
IRS990/OtherExpensesGrp/Desc1OTHER COSTS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt038890
IRS990/OtherExpensesGrp/ProgramServicesAmt0577519
IRS990/OtherExpensesGrp/ProgramServicesAmt1155562
IRS990/OtherExpensesGrp/TotalAmt0577519
IRS990/OtherExpensesGrp/TotalAmt1194452
IRS990/OtherLiabilitiesGrp/BOYAmt0111281877
IRS990/OtherLiabilitiesGrp/EOYAmt0114102251
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03029045
IRS990/OtherSalariesAndWagesGrp/TotalAmt03029045
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0500000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt070027
IRS990/PayrollTaxesGrp/ProgramServicesAmt0280110
IRS990/PayrollTaxesGrp/TotalAmt0350137
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt04763
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt019051
IRS990/PensionPlanContributionsGrp/TotalAmt023814
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0299787
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0284994
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/RelatedOrExemptFuncIncomeAmt011722424
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11417115
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2978052
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3108846
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt011722424
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11417115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2978052
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3108846
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039955
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0662762
IRS990/PYInvestmentIncomeAmt0274889
IRS990/PYOtherExpensesAmt012684218
IRS990/PYOtherRevenueAmt0-24
IRS990/PYProgramServiceRevenueAmt013415709
IRS990/PYRevenuesLessExpensesAmt0-4440500
IRS990/PYSalariesCompEmpBnftPaidAmt04824049
IRS990/PYTotalExpensesAmt018171029
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013730529
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-4225268
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014226437
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01448840
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0115481
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0934323
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039955
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt059304
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt043792
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015839
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01093213
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0150289
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0200248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0352677
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0273004
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt062819
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01039037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013248385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012449134
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt011625887
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt011082077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt010425886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt058831369
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt0978052
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt0966575
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt0925221
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0846751
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt0766644
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt04483243
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0150289
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0200248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0352677
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0273004

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$309,375,809
Liabilities
$389,208,617
Net assets
-$79,832,808
Revenue
$14,744,618
Expenses
$18,969,886
Net income
-$4,225,268
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
2021Detailed filing. Detailed filing data is available for this year.$309$389$79.8$14.7$19.0$4.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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