Civic Intelligence

Kalamazoo Area Christian Retir Asso

EIN 38-2437167 • 501(c)3 • Kalamazoo, MI

Profile

To operate and manage according to law and applicable regulations, a certified home for the aged for qualified residents of kalamazoo county and its surrounding counties

2920 Crystal LaneKalamazoo, MI 49009

www.kacra.com

Siviq Scores

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

Liabilities / Assets

75th percentile

0.41x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.47x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

20th percentile

-9.7%

Higher net margin than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$172,699

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

14th percentile

-8.7%

Faster asset growth than 14% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

10%

Faster revenue growth than 56% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Down

$7,805,719

Down $747,670 (-8.7%) from 2023

Liabilities

Down

$3,181,866

Down $88,631 (-2.7%) from 2023

Net Assets

Down

$4,623,853

Down $659,039 (-12%) from 2023

Revenue

Up

$6,746,750

Up $624,417 (+10%) from 2023

Expenses

Up

$7,404,075

Up $728,587 (+11%) from 2023

Net Income

Down

-$657,325

Down $104,170 (-19%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $6,172,183Liabilities 2010: $4,187,937Net Assets 2010: $1,984,2462010Assets 2011: $9,669,347Liabilities 2011: $7,676,181Net Assets 2011: $1,993,1662011Assets 2012: $9,368,732Liabilities 2012: $7,699,671Net Assets 2012: $1,669,0612012Assets 2013: $9,429,060Liabilities 2013: $7,409,019Net Assets 2013: $2,020,0412013Assets 2014: $9,369,493Liabilities 2014: $6,927,698Net Assets 2014: $2,441,7952014Assets 2015: $9,599,347Liabilities 2015: $6,577,378Net Assets 2015: $3,021,9692015Assets 2016: $9,686,025Liabilities 2016: $5,789,161Net Assets 2016: $3,896,8642016Assets 2017: $9,896,230Liabilities 2017: $5,341,388Net Assets 2017: $4,554,8422017Assets 2018: $9,577,551Liabilities 2018: $4,932,053Net Assets 2018: $4,645,4982018Assets 2019: $10,008,824Liabilities 2019: $5,092,493Net Assets 2019: $4,916,3312019Assets 2020: $10,444,878Liabilities 2020: $5,400,021Net Assets 2020: $5,044,8572020Assets 2021: $9,894,704Liabilities 2021: $4,104,638Net Assets 2021: $5,790,0662021Assets 2022: $9,573,704Liabilities 2022: $3,763,777Net Assets 2022: $5,809,9272022Assets 2023: $8,553,389Liabilities 2023: $3,270,497Net Assets 2023: $5,282,8922023Assets 2024: $7,805,719Liabilities 2024: $3,181,866Net Assets 2024: $4,623,8532024

Highlighted filing

2024

Assets$7,805,719
Liabilities$3,181,866
Net Assets$4,623,853

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $4,390,3632010Expenses 2011: $4,997,5622011Expenses 2012: $6,046,0762012Revenue 2013: $6,496,849Expenses 2013: $6,158,856Net Income 2013: $337,9932013Revenue 2014: $7,148,706Expenses 2014: $6,746,132Net Income 2014: $402,5742014Revenue 2015: $7,592,165Expenses 2015: $6,997,151Net Income 2015: $595,0142015Revenue 2016: $8,051,982Expenses 2016: $7,176,219Net Income 2016: $875,7632016Revenue 2017: $8,279,807Expenses 2017: $7,620,206Net Income 2017: $659,6012017Revenue 2018: $8,367,506Expenses 2018: $8,218,199Net Income 2018: $149,3072018Revenue 2019: $8,397,522Expenses 2019: $8,163,920Net Income 2019: $233,6022019Revenue 2020: $7,723,078Expenses 2020: $7,663,325Net Income 2020: $59,7532020Revenue 2021: $7,940,278Expenses 2021: $7,195,069Net Income 2021: $745,2092021Revenue 2022: $7,009,615Expenses 2022: $6,969,656Net Income 2022: $39,9592022Revenue 2023: $6,122,333Expenses 2023: $6,675,488Net Income 2023: -$553,1552023Revenue 2024: $6,746,750Expenses 2024: $7,404,075Net Income 2024: -$657,3252024

Highlighted filing

2024

Revenue$6,746,750
Expenses$7,404,075
Net Income-$657,325

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.81$3.18$4.62$6.75$7.40$0.66
2023Detailed filing. Detailed filing data is available for this year.$8.55$3.27$5.28$6.12$6.68$0.55
2022Detailed filing. Detailed filing data is available for this year.$9.57$3.76$5.81$7.01$6.97$0.04
2021Detailed filing. Detailed filing data is available for this year.$9.89$4.10$5.79$7.94$7.20$0.75
2020Detailed filing. Detailed filing data is available for this year.$10.4$5.40$5.04$7.72$7.66$0.06
2019Detailed filing. Detailed filing data is available for this year.$10.0$5.09$4.92$8.40$8.16$0.23
2018Detailed filing. Detailed filing data is available for this year.$9.58$4.93$4.65$8.37$8.22$0.15
2017Detailed filing. Detailed filing data is available for this year.$9.90$5.34$4.55$8.28$7.62$0.66
2016Detailed filing. Detailed filing data is available for this year.$9.69$5.79$3.90$8.05$7.18$0.88
2015Detailed filing. Detailed filing data is available for this year.$9.60$6.58$3.02$7.59$7.00$0.60
2014Detailed filing. Detailed filing data is available for this year.$9.37$6.93$2.44$7.15$6.75$0.40
2013Detailed filing. Detailed filing data is available for this year.$9.43$7.41$2.02$6.50$6.16$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.37$7.70$1.67$6.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.67$7.68$1.99$5.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.17$4.19$1.98$4.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$6,819,903
Mission and Program Overview

Mission

To operate and manage according to law and applicable regulations, a certified home for the ages for qualified residents of kalamazoo county and it's surrounding counties

To operate and manage according to law and applicable regulations, a certified home for the aged for qualified residents of Kalamazoo county and its surrounding counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,884,355$6,624,577▼ $259,778
Cash and Non-Interest-Bearing Accounts$941,983$386,086▼ $555,897
Savings and Temporary Cash Investments$359,934$371,166▲ $11,232
Accounts Receivable$137,238$209,827▲ $72,589
Investments in Publicly Traded Securities$180,312$180,312→ $0
Inventories for Sale or Use$33,751$33,751→ $0
Prepaid Expenses and Deferred Charges$15,816--
Total Assets$8,553,389$7,805,719▼ $747,670
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,792,525$2,416,639▼ $375,886
Accounts Payable and Accrued Expenses$454,263$505,315▲ $51,052
Other Liabilities$23,709$248,912▲ $225,203
Deferred Revenue-$11,000-
Total Liabilities$3,270,497$3,181,866▼ $88,631
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,092,898$4,455,298▼ $637,600
Net Assets With Donor Restrictions$189,994$168,555▼ $21,439
Total Net Assets Fund Balance$5,282,892$4,623,853▼ $659,039
Total Liabilities and Net Assets / Fund Balance$8,553,389$7,805,719▼ $747,670

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$6,255,236$8,333,654$14,588,890
Land$369,341-$369,341
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dave BosCEOFT$146,573$26,126$172,699
Mark SmithFinance DirectorFT$113,206$19,941$133,147
Melissa PeeblesDirector of Resident CareFT$102,766$23,331$126,097

Board Members and Trustees

NameTitle
Marianne VoetbergPresident
Daniel JohnsonVice President
Billee Lightvoet WardTrustee
Bryon BoleyTrustee
Jeff DeNooyerTrustee
Jeff WillsonTrustee
Peter CookTrustee
Shaun WillisTrustee
Stephen BashawTrustee
Mike PruisSecretary
Jerry WhitakerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$351,336
Program Service Revenue
$6,413,419
Investment Income
$19,616
Other Revenue
$-37,621
All Other Contributions
$234,196
Change in Net Assets
$-657,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,719,764
Other Expenses$2,684,311
Total Fundraising Expense$578
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,437,851$292,301-$3,730,152
Occupancy$171,790$276,514-$448,304
Depreciation Depletion$420,193--$420,193
Other Employee Benefits$263,838$47,988-$311,826
Current Officers, Directors, Trustees, and Key Employees-$305,845-$305,845
Payroll Taxes$263,409$40,562-$303,971
Insurance-$222,640-$222,640
Fees for Services Other$4,068$198,633-$202,701
Office Expenses$119,132$21,020-$140,152
Fees for Services Legal-$116,785-$116,785
Interest-$103,213-$103,213
Advertising$94,541$485-$95,026
All Other Expenses$39,256$47,280-$86,536
Pension Plan Contributions$60,955$7,015-$67,970
Information Technology$24,663$6,631-$31,294
Other Expenses$3,495$18,524$578$22,597
Fees for Services Accounting-$16,270-$16,270
Travel$33$5-$38
Total Functional Expenses$5,644,046$1,759,451$578$7,404,075
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$73,153
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fall Gala$117,140-$73,153-
Total Events$117,140-$73,153$-73,153
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Line of Credit$170,074
Other$78,838
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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
No

Governance Explanations

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

Form 990 is reviewed by the Executive Director and Director of Finance prior to signing and filing.

Form 990, Part VI, Section B, line 15

Compensation of the executive director and director of finance were determined through a combination of: a) use of an independent compensation consultant, b) comparative compensation data, c) written employee contract (for executive director only), and d) approval by the board of directors. Compensation of other officers and key employees were determined through a combination of: a) use of an independent compensation consultant, b) comparative compensation data, and c) approval by the board of directors.

Form 990, Part VI, Section C, line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Kalamazoo Area Christian Retir Asso
EIN
38-2437167
Phone
2693721928
Address
2920 Crystal Lane, Kalamazoo, MI 49009

Signing Officer

Name
Mark Smith
Title
Finance Director
Phone
2693721928
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Bos
Formed
1983
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
205
Volunteers
225

Preparer

Firm
Yeo & Yeo Pc
Address
710 E Milham Avenue, Kalamazoo, MI 49002-1494
Preparer
Michael E Evrard
Phone
2693297007
Raw XML AppendixShowing 400 of 533 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/Form990PartVIISectionAGrp/TitleTxt12Finance Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director of Resident Care
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt073153
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt024663
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IRS990/InsuranceGrp/ManagementAndGeneralAmt0222640
IRS990/InsuranceGrp/TotalAmt0222640
IRS990/InterestGrp/ManagementAndGeneralAmt0103213
IRS990/InterestGrp/TotalAmt0103213
IRS990/InventoriesForSaleOrUseGrp/BOYAmt033751
IRS990/InventoriesForSaleOrUseGrp/EOYAmt033751
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IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0180312
IRS990/IRPDocumentCnt012
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To operate and manage according to law and applicable regulations, a certified home for the ages for qualified residents of Kalamazoo county and its surrounding counties.
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IRS990/MoreThan5000KToOrgInd00
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IRS990/OccupancyGrp/TotalAmt0448304
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021020
IRS990/OfficeExpensesGrp/ProgramServicesAmt0119132
IRS990/OfficeExpensesGrp/TotalAmt0140152
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt0311826
IRS990/OtherExpensesGrp/Desc0Food
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IRS990/OtherExpensesGrp/TotalAmt1274550
IRS990/OtherExpensesGrp/TotalAmt237740
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
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IRS990/PayrollTaxesGrp/ProgramServicesAmt0263409
IRS990/PayrollTaxesGrp/TotalAmt0303971
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt07015
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrincipalOfficerNm0David Bos
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IRS990/ProfessionalFundraisingInd00
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IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYProgramServiceRevenueAmt05797217
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IRS990/PYSalariesCompEmpBnftPaidAmt04089253
IRS990/PYTotalExpensesAmt06675488
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06122333
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-657325
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06413419
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0359934
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0371166
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt038000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt018000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt056000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0351336
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01306862
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02055664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0528966
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04710819
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt019616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt022731
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0834
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07804
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0905
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt051890
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt06413419
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt05797217
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt05703107
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05932459
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07193207
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt031039409
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt019616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022731
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0834
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IRS990ScheduleA/InvestmentIncomeCYPct00.00140
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt035532
IRS990ScheduleA/OtherIncome509Grp/TotalAmt035532
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99600
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt035694228
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt038000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt018000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt056000
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06764755
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07009969
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07988123
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07722173
IRS990ScheduleA/Total509Grp/TotalAmt035750228
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt06819903
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt07010803
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07995927
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt07723078
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt035837650
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt06255236
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08333654
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt014588890
IRS990ScheduleD/LandGrp/BookValueAmt0369341

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