Civic Intelligence

Sunset Retirement Communities Inc.

990 • Fiscal year 2014 • EIN 34-4428230

Jan 01, 2014 to Dec 31, 2014 • Filed on Oct 19, 2015

4040 Indian RoadToledo, OH 43606

(419) 724-1225

Siviq Scores

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

Liabilities / Assets

55th percentile

0.37x

Higher debt load relative to assets than 55% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Liabilities / Revenue

81st percentile

1.63x

Higher debt load relative to revenue than 81% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Net Margin

72nd percentile

15%

Higher net margin than 72% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Top Officer Pay

25th percentile

$207,234

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2014

Asset Growth

31st percentile

1.2%

Faster asset growth than 31% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Revenue Growth

49th percentile

4.8%

Faster revenue growth than 49% of similar nonprofits.

2014 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2013 to 2014

Assets

Up

$81,535,152

Up $988,910 (+1.2%) from 2013

Net Assets

Up

$51,425,839

Up $2,013,526 (+4.1%) from 2013

Liabilities

Down

$30,109,313

Down $1,024,616 (-3.3%) from 2013

Revenue

Up

$18,425,184

Up $840,178 (+4.8%) from 2013

Expenses

Up

$15,741,269

Up $492,049 (+3.2%) from 2013

Net Income

Up

$2,683,915

Up $348,129 (+15%) from 2013

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $70,841,662Liabilities 2010: $33,204,756Net Assets 2010: $37,636,9062010Assets 2011: $69,590,395Liabilities 2011: $32,485,776Net Assets 2011: $37,104,6192011Assets 2012: $74,327,988Liabilities 2012: $31,712,950Net Assets 2012: $42,615,0382012Assets 2013: $80,546,242Liabilities 2013: $31,133,929Net Assets 2013: $49,412,3132013Assets 2014: $81,535,152Liabilities 2014: $30,109,313Net Assets 2014: $51,425,8392014Assets 2015: $79,977,398Liabilities 2015: $29,718,432Net Assets 2015: $50,258,9662015Assets 2016: $80,676,433Liabilities 2016: $28,739,333Net Assets 2016: $51,937,1002016Assets 2017: $83,917,160Liabilities 2017: $27,798,860Net Assets 2017: $56,118,3002017Assets 2018: $80,522,903Liabilities 2018: $27,135,247Net Assets 2018: $53,387,6562018Assets 2019: $84,827,109Liabilities 2019: $26,077,235Net Assets 2019: $58,749,8742019Assets 2020: $105,428,225Liabilities 2020: $27,526,211Net Assets 2020: $77,902,0142020Assets 2021: $108,190,573Liabilities 2021: $23,035,159Net Assets 2021: $85,155,4142021Assets 2022: $98,632,585Liabilities 2022: $22,019,281Net Assets 2022: $76,613,3042022Assets 2023: $106,869,928Liabilities 2023: $23,590,650Net Assets 2023: $83,279,2782023Assets 2024: $114,951,179Liabilities 2024: $24,660,601Net Assets 2024: $90,290,5782024

Highlighted filing

2014

Assets$81,535,152
Liabilities$30,109,313
Net Assets$51,425,839

Operations Trend

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

$40M$30M$20M$10M$0Expenses 2010: $15,285,8832010Expenses 2011: $15,743,0632011Expenses 2012: $14,592,7502012Revenue 2013: $17,585,006Expenses 2013: $15,249,220Net Income 2013: $2,335,7862013Revenue 2014: $18,425,184Expenses 2014: $15,741,269Net Income 2014: $2,683,9152014Revenue 2015: $17,256,849Expenses 2015: $16,129,509Net Income 2015: $1,127,3402015Revenue 2016: $16,798,697Expenses 2016: $16,363,620Net Income 2016: $435,0772016Revenue 2017: $21,376,170Expenses 2017: $17,597,580Net Income 2017: $3,778,5902017Revenue 2018: $19,933,990Expenses 2018: $18,706,968Net Income 2018: $1,227,0222018Revenue 2019: $20,224,134Expenses 2019: $20,050,817Net Income 2019: $173,3172019Revenue 2020: $36,421,519Expenses 2020: $20,678,879Net Income 2020: $15,742,6402020Revenue 2021: $24,563,176Expenses 2021: $19,754,036Net Income 2021: $4,809,1402021Revenue 2022: $27,519,880Expenses 2022: $23,403,893Net Income 2022: $4,115,9872022Revenue 2023: $28,236,691Expenses 2023: $26,328,720Net Income 2023: $1,907,9712023Revenue 2024: $31,620,831Expenses 2024: $28,094,533Net Income 2024: $3,526,2982024

Highlighted filing

2014

Revenue$18,425,184
Expenses$15,741,269
Net Income$2,683,915
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Oct 19, 2015
Return Version
2014v5.0
Gross Receipts
$31,626,466
Mission and Program Overview

Mission

The purpose of the Organization is to support and maintain a home for the aged and infirm. To this effect, Sunset Retirement Communities extends charitable care to those who exhaust their assets as well as provide special consideration and financial assistance, in both its admission and residency policies, to aged applicants who have no family to care for them, are of limited financial means, are in need of the services the Organization provides and are residents of the greater Toledo area. The Organization provides the following services: housing, assistance with activities of daily living (including bathing, dressing and walking), housekeeping, laundry and meal services. In addition, the Organization provides skilled nursing services to those in need of short or long term nursing care as part of a continuum of care.

Sunset Retirement provides desirable senior care facilities to over 300 residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$36,425,699$28,394,623▼ $8,031,076
Land, Buildings, and Equipment, Net$25,748,121$26,964,068▲ $1,215,947
Savings and Temporary Cash Investments$7,003,242$15,850,959▲ $8,847,717
Investments in Publicly Traded Securities$5,122,289$4,200,677▼ $921,612
Accounts Receivable$741,785$796,733▲ $54,948
Prepaid Expenses and Deferred Charges$652,431$605,229▼ $47,202
Inventories for Sale or Use$56,518$63,971▲ $7,453
Pledges and Grants Receivable$2,871$1,320▼ $1,551
Cash and Non-Interest-Bearing Accounts$1,128$602▼ $526
Total Assets$80,546,242$81,535,152▲ $988,910
Other Assets Total$4,792,158$4,656,970▼ $135,188
Liabilities
Tax Exempt Bond Liabilities$28,999,636$27,861,688▼ $1,137,948
Accounts Payable and Accrued Expenses$2,134,293$2,247,625▲ $113,332
Total Liabilities$31,133,929$30,109,313▼ $1,024,616
Net Assets / Fund Balance
Unrestricted Net Assets$46,771,232$48,717,667▲ $1,946,435
Permanently Rstr Net Assets$2,428,486$2,446,906▲ $18,420
Temporarily Rstr Net Assets$212,595$261,266▲ $48,671
Total Net Assets Fund Balance$49,412,313$51,425,839▲ $2,013,526
Total Liabilities and Net Assets / Fund Balance$80,546,242$81,535,152▲ $988,910

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,503,256$19,249,869-
Other Land Buildings$2,388,110$3,867,849-
Land$2,072,702--
Other Assets Org$1,166--
Other Securities$99,267--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vicky BartlettCEOFT$179,078$28,156$207,234
Judith Bishop-PierceCOOFT$144,688-$144,688
Mark MinardCFOFT$139,021-$139,021

Highest Paid Contractors

ContractorServicesLocationCompensation
Midwest Contracting IncGeneral Contractor1428 Albon Rd, Holland, OH 43528$1,890,048
Gordon Food ServicesFood ServicesDept CH 10490, Palatine, IL 60055-0490$667,969
Concept Rehab IncTherapy7150 Granite Circle, Toledo, OH 43617-0000$548,819
Gladieux Lumber & Supply Co IncContractor/Bldg Improvements5120 Navarre Avenue, Oregon, OH 43616-7437$522,440
JMM ArchitectsArchitectural Services4685 Larwell Dr, Columbus, OH 43220-0000$334,094
Revenue and Support

Revenue Composition

Contributions and Grants
$227,222
Program Service Revenue
$15,743,555
Investment Income
$2,427,700
Other Revenue
$26,707
All Other Contributions
$227,222
Change in Net Assets
$2,683,915

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,420,145
Revenue Not Reported on Financial Statements
$-994,961
Revenue Not Reported on Form 990
$-670,389
Other Revenue Adjustments
$-994,961
Total Revenue per Audited Statements
$18,749,756
Total Revenue per Form 990
$18,425,184
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$8,422,028
Other Expenses$7,319,241
Total Fundraising Expense$42,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,978,600$1,366,337$23,307$6,368,244
Depreciation Depletion$1,675,062$76,748-$1,751,810
Interest$1,464,934--$1,464,934
Other Employee Benefits$507,081$225,405$3,844$736,330
Payroll Taxes$445,504$198,033$3,377$646,914
Occupancy$560,440$17,376-$577,816
Fees for Services Other$516,149$49,689-$565,838
Current Officers, Directors, Trustees, and Key Employees$383,812$105,334$1,797$490,943
All Other Expenses$192,541$128,923-$321,464
Advertising-$267,471$7,674$275,145
Other Expenses$261,594$4,459-$261,594
Insurance-$235,075-$235,075
Pension Plan Contributions$123,681$54,978$938$179,597
Fees for Service Investment Mgmnt Fees-$131,373-$131,373
Fees for Services Management$69,848$6,724-$76,572
Office Expenses$4,330$70,928$1,065$76,323
Fees for Services Accounting-$53,450-$53,450
Information Technology-$41,834-$41,834
Conferences and Meetings$13,349$26,970-$40,319
Fees for Services Legal-$29,359-$29,359
Travel$7,555--$7,555
Total Functional Expenses$12,608,801$3,090,466$42,002$15,741,269

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,736,230
Total Expenses per Audited Statements$16,736,230
Total Expenses per Form 990$15,741,269
Expenses Not Reported on Form 990$0
Expenses Not Reported on Financial Statements$-994,961
Other Expense Adjustments$-994,961
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

Bond Issues

BondIssuerIssuedIssue PricePurpose
CCounty of Lucas Ohio2011-11-10$6,800,000Refunding of bonds
DCounty of Lucas Ohio2011-11-10$5,185,000Refunding of bonds
BCounty of Lucas Ohio2011-11-10$4,365,000Refunding of bonds
ACounty of Lucas Ohio2011-11-10$735,000Refunding of bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
C$6,620,888--$134,376
D$5,185,000--$102,462
B$4,269,799--$86,258
A$749,119--$14,524

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
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
Backup withholding compliance
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11

The external audit firm prepares the Form 990 in conjuction with accounting staff at Sunset. The CFO reviews the Form 990. The audit firm presents the Form 990 to the audit/finance committee of Sunset. The chairman of the audit/finance committee, in conjuction with the CFO present the Form 990 to the full board. Given board approval, either the CEO or CFO sign the Form 990 prior to filing with the IRS.

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

The Organization requires annual disclosures of any conflicts of interest. The Organization also encourages voluntary abstinence from voting on matters involving conflicts of interest.

Form 990, Part VI, Section B, line 15

Sunset Retirement Communities executive/personnel committee establishes wage and salary ranges for all positions. On an annual basis the committee is provided salary survey information from LeadingAge Ohio and LeadingAge. These reports provide wage and salary data for Ohio and for the region and nation. The LeadingAge survey further breaks this data down by size of the organization (number of residents served) and annual revenues. The executive/personnel committee is delegated the responsibility for the annual review of the president and chief executive officer. This committee also determines the annual compensation for the president and CEO. The president and CEO are responsible for evaluating the performance of employees who report directly to them and are responsible for any adjustments to those employees compensation. Performance reviews are documented and filed in the employees personnel file along with written documentation of any wage adjustments.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Sunset Retirement Communities Inc
EIN
34-4428230
Phone
4197241225
Address
4040 Indian Road, Toledo, OH 43606

Signing Officer

Name
Mark Minard
Title
CFO
Phone
4197241225
Signed
2015-10-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Minard
Formed
1871
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
18
Employees
387
Volunteers
189

Preparer

Firm
Davenport Hanf & Company LLC
Address
28276 Kensington Lane, Perrysburg, OH 43551
Preparer
Holly Martens
Phone
4198725900
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Sunset Retirement Communities, Inc.'s finance committee oversees the selection of the auditors and the audit process. This process has not changed from the prior year.

Financial Statement Notes

Part X, Line 2:

The Organization adopted the provisions of accounting for uncertainty in income taxes. As a result of the implementation, there has been no impact on the Organization's financial statements.

Part XI, Line 4B - Other Adjustments:

Loss on Disposal of Fixed Assets

Part XII, Line 4B - Other Adjustments:

Loss on Disposal of Fixed Assets

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt199363
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0Larry Burns
IRS990/Form990PartVIISectionAGrp/PersonNm1Ryan D Butt
IRS990/Form990PartVIISectionAGrp/PersonNm2Erwin Effler III
IRS990/Form990PartVIISectionAGrp/PersonNm3Matthew Faltys
IRS990/Form990PartVIISectionAGrp/PersonNm4Heidi Glosser
IRS990/Form990PartVIISectionAGrp/PersonNm5Anastasia Hanson
IRS990/Form990PartVIISectionAGrp/PersonNm6Iris Page Jones
IRS990/Form990PartVIISectionAGrp/PersonNm7Tim Konieczny
IRS990/Form990PartVIISectionAGrp/PersonNm8Robert Loeb
IRS990/Form990PartVIISectionAGrp/PersonNm9Charles McDowell
IRS990/Form990PartVIISectionAGrp/PersonNm10Donald Mewhort
IRS990/Form990PartVIISectionAGrp/PersonNm11Barbara Kopp Miller
IRS990/Form990PartVIISectionAGrp/PersonNm12Andrew Weiner
IRS990/Form990PartVIISectionAGrp/PersonNm13Kathleen Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm14Mark Sandretto
IRS990/Form990PartVIISectionAGrp/PersonNm15Connie S Swemba
IRS990/Form990PartVIISectionAGrp/PersonNm16Diana Waugh
IRS990/Form990PartVIISectionAGrp/PersonNm17Cynthia Tetterton Williams
IRS990/Form990PartVIISectionAGrp/PersonNm18Judith Bishop-Pierce
IRS990/Form990PartVIISectionAGrp/PersonNm19Vicky Bartlett
IRS990/Form990PartVIISectionAGrp/PersonNm20Mark Minard
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18144688
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19197871
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20139021
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt1Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18COO
IRS990/Form990PartVIISectionAGrp/TitleTxt19CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01871
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-994961
IRS990/GainOrLossGrp/SecuritiesAmt01937284
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt014143605
IRS990/GrossReceiptsAmt031626466
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt041834
IRS990/InformationTechnologyGrp/TotalAmt041834
IRS990/InsuranceGrp/ManagementAndGeneralAmt0235075
IRS990/InsuranceGrp/TotalAmt0235075
IRS990/InterestGrp/ProgramServicesAmt01464934
IRS990/InterestGrp/TotalAmt01464934
IRS990/InventoriesForSaleOrUseGrp/BOYAmt056518
IRS990/InventoriesForSaleOrUseGrp/EOYAmt063971
IRS990/InvestmentIncomeGrp/ExclusionAmt01485377
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01485377
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036425699
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt028394623
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05122289
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04200677
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt054
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt023117718
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025748121
IRS990/LandBldgEquipBasisNetGrp/EOYAmt026964068
IRS990/LandBldgEquipCostOrOtherBssAmt050081786
IRS990/LegalDomicileStateCd0OH
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0994961
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt012206321
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt026707
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt026707
IRS990/MissionDesc0Sunset Retirement Communities, Inc. (SRC) assists in enriching an individual's life journey by supporting and maintaining a home for the aged and infirm. SRC extends charitable care to those who exhaust their assets as well as provides special consideration and financial assistance in both its admission and residency policies, to aged applicants, who have no family to care for them, are of limited financial means, are in need of services the organization provides and are residents of the greater Toledo, Ohio area. The organization provides housing and assistance with activities of daily living (including bathing, dressing, walking, housekeeping, laundry and meal services) to it's residents. In addition, the organization provides skilled nursing services, as well as Hospice and Palliative care services to those in need of short term or long term nursing care. Not only does Sunset Retirement Communities (SRC) provide services to its own residents but it reaches out to the broader communi
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt049412313
IRS990/NetAssetsOrFundBalancesEOYAmt051425839
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0942323
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0942323
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-670389
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt017376
IRS990/OccupancyGrp/ProgramServicesAmt0560440
IRS990/OccupancyGrp/TotalAmt0577816
IRS990/OfficeExpensesGrp/FundraisingAmt01065
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt070928
IRS990/OfficeExpensesGrp/ProgramServicesAmt04330
IRS990/OfficeExpensesGrp/TotalAmt076323
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04792158
IRS990/OtherAssetsTotalGrp/EOYAmt04656970
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt03844
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0225405
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0507081
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0736330
IRS990/OtherExpensesGrp/Desc0Food Costs
IRS990/OtherExpensesGrp/Desc1Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc2State Mandated Fees
IRS990/OtherExpensesGrp/Desc3Medical Costs and Suppl
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04459
IRS990/OtherExpensesGrp/ProgramServicesAmt0630797
IRS990/OtherExpensesGrp/ProgramServicesAmt1416374
IRS990/OtherExpensesGrp/ProgramServicesAmt2357150
IRS990/OtherExpensesGrp/ProgramServicesAmt3261594
IRS990/OtherExpensesGrp/TotalAmt0630797
IRS990/OtherExpensesGrp/TotalAmt1420833
IRS990/OtherExpensesGrp/TotalAmt2357150
IRS990/OtherExpensesGrp/TotalAmt3261594
IRS990/OtherRevenueTotalAmt026707
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt023307
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01366337
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt04978600
IRS990/OtherSalariesAndWagesGrp/TotalAmt06368244
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt03377
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0198033
IRS990/PayrollTaxesGrp/ProgramServicesAmt0445504
IRS990/PayrollTaxesGrp/TotalAmt0646914
IRS990/PensionPlanContributionsGrp/FundraisingAmt0938
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt054978
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0123681
IRS990/PensionPlanContributionsGrp/TotalAmt0179597
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02428486
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02446906

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$115$24.7$90.3$31.6$28.1$3.53
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$107$23.6$83.3$28.2$26.3$1.91
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$98.6$22.0$76.6$27.5$23.4$4.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$108$23.0$85.2$24.6$19.8$4.81
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$27.5$77.9$36.4$20.7$15.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.8$26.1$58.7$20.2$20.1$0.17
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.5$27.1$53.4$19.9$18.7$1.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.9$27.8$56.1$21.4$17.6$3.78
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$80.7$28.7$51.9$16.8$16.4$0.44
2015Detailed filing. Detailed filing data is available for this year.$80.0$29.7$50.3$17.3$16.1$1.13
2014Detailed filing. Detailed filing data is available for this year.$81.5$30.1$51.4$18.4$15.7$2.68
2013Detailed filing. Detailed filing data is available for this year.$80.5$31.1$49.4$17.6$15.2$2.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$31.7$42.6$14.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$69.6$32.5$37.1$15.7
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.8$33.2$37.6$15.3