Civic Intelligence

Edgewood Summit Inc.

990 • Fiscal year 2015 • EIN 55-0701159

Jul 01, 2014 to Jun 30, 2015 • Filed on Nov 11, 2015

Refreshing map…

300 Baker LaneCharleston, WV 25302

(304) 346-2323

Siviq Scores

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

Liabilities / Assets

91st percentile

0.95x

Higher debt load relative to assets than 91% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

92nd percentile

3.56x

Higher debt load relative to revenue than 92% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

21st percentile

-3.3%

Higher net margin than 21% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

16th percentile

$124,072

Higher top officer pay than 16% of similar nonprofits.

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

24th percentile

-3.2%

Faster asset growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

79th percentile

20%

Faster revenue growth than 79% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$43,446,953

Down $1,443,570 (-3.2%) from 2014

Net Assets

Down

$2,286,006

Down $1,325,358 (-37%) from 2014

Liabilities

Down

$41,160,947

Down $118,212 (-0.3%) from 2014

Revenue

Up

$11,553,463

Up $1,892,782 (+20%) from 2014

Expenses

Up

$11,930,979

Up $1,674,777 (+16%) from 2014

Net Income

Up

-$377,516

Up $218,005 (+37%) from 2014

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2010: $25,906,219Liabilities 2010: $26,947,419Net Assets 2010: -$1,041,2002010Assets 2011: $32,601,001Liabilities 2011: $26,724,634Net Assets 2011: $5,876,3672011Assets 2012: $32,793,325Liabilities 2012: $26,503,493Net Assets 2012: $6,289,8322012Assets 2013: $39,916,415Liabilities 2013: $37,206,605Net Assets 2013: $2,709,8102013Assets 2014: $44,890,523Liabilities 2014: $41,279,159Net Assets 2014: $3,611,3642014Assets 2015: $43,446,953Liabilities 2015: $41,160,947Net Assets 2015: $2,286,0062015Assets 2016: $42,524,166Liabilities 2016: $42,413,459Net Assets 2016: $110,7072016Assets 2017: $42,616,634Liabilities 2017: $40,622,333Net Assets 2017: $1,994,3012017Assets 2018: $42,669,188Liabilities 2018: $39,718,481Net Assets 2018: $2,950,7072018Assets 2019: $41,508,405Liabilities 2019: $38,929,705Net Assets 2019: $2,578,7002019Assets 2020: $40,936,997Liabilities 2020: $40,586,386Net Assets 2020: $350,6112020Assets 2021: $43,260,882Liabilities 2021: $37,758,405Net Assets 2021: $5,502,4772021Assets 2022: $39,768,204Liabilities 2022: $36,679,910Net Assets 2022: $3,088,2942022Assets 2023: $39,518,993Liabilities 2023: $36,280,158Net Assets 2023: $3,238,8352023

Highlighted filing

2015

Assets$43,446,953
Liabilities$41,160,947
Net Assets$2,286,006

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $6,286,2552010Expenses 2011: $6,569,3932011Expenses 2012: $6,899,1992012Expenses 2013: $7,226,8602013Revenue 2014: $9,660,681Expenses 2014: $10,256,202Net Income 2014: -$595,5212014Revenue 2015: $11,553,463Expenses 2015: $11,930,979Net Income 2015: -$377,5162015Revenue 2016: $12,217,959Expenses 2016: $11,919,692Net Income 2016: $298,2672016Revenue 2017: $11,922,281Expenses 2017: $12,289,032Net Income 2017: -$366,7512017Revenue 2018: $12,577,093Expenses 2018: $12,345,042Net Income 2018: $232,0512018Revenue 2019: $12,875,019Expenses 2019: $12,248,365Net Income 2019: $626,6542019Revenue 2020: $12,430,369Expenses 2020: $12,447,156Net Income 2020: -$16,7872020Revenue 2021: $14,638,696Expenses 2021: $12,429,625Net Income 2021: $2,209,0712021Revenue 2022: $13,418,785Expenses 2022: $13,463,097Net Income 2022: -$44,3122022Revenue 2023: $13,146,344Expenses 2023: $13,927,059Net Income 2023: -$780,7152023

Highlighted filing

2015

Revenue$11,553,463
Expenses$11,930,979
Net Income-$377,516
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Nov 11, 2015
Return Version
2014v5.0
Gross Receipts
$13,311,613
Mission and Program Overview

Mission

The Organization's primary exempt function is to provide, on a non-profit basis, long-term care facilities in the state of West Virginia specifically designed to meet the physical, social and psychological needs of elderly and infirm persons, including but not limited to housing, buildings, structures, equipment, furnishings, programs and related health and other services contributing to their health, security, happiness and physical and mental well-being.The mission of Edgewood Summit is to provide an attractive, caring, comfortable senior living community. A secure environment and quality service that will be the hallmark of this community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,017,563$24,104,309▼ $913,254
Investments in Publicly Traded Securities$16,120,906$16,630,099▲ $509,193
Accounts Receivable$835,958$1,053,906▲ $217,948
Savings and Temporary Cash Investments$1,274,878$639,495▼ $635,383
Prepaid Expenses and Deferred Charges$273,141$188,920▼ $84,221
Inventories for Sale or Use$15,088$16,837▲ $1,749
Cash and Non-Interest-Bearing Accounts$28,827$10,870▼ $17,957
Total Assets$44,890,523$43,446,953▼ $1,443,570
Other Assets Total$1,324,162$802,517▼ $521,645
Liabilities
Deferred Revenue$17,717,104$18,452,298▲ $735,194
Other Liabilities$8,709,789$13,784,019▲ $5,074,230
Tax Exempt Bond Liabilities$14,017,739$8,130,527▼ $5,887,212
Accounts Payable and Accrued Expenses$834,527$794,103▼ $40,424
Total Liabilities$41,279,159$41,160,947▼ $118,212
Net Assets / Fund Balance
Unrestricted Net Assets$3,611,364$2,286,006▼ $1,325,358
Total Net Assets Fund Balance$3,611,364$2,286,006▼ $1,325,358
Total Liabilities and Net Assets / Fund Balance$44,890,523$43,446,953▼ $1,443,570

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,532,480$7,493,581$26,026,061
Equipment$2,215,601$5,441,108$7,656,709
Other Land Buildings$2,358,807$1,724,550$4,083,357
Land$997,421-$768,716

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$1,098,501$1,909,276▲ $20,145$337,448$2,690,474
2013$1,809,310$4,701,256▲ $141,201$5,553,266$1,098,501
2012$4,414,391$8,440,479▲ $96,226$11,141,786$1,809,310
2011$4,900,592$310,051▲ $41,786$838,038$4,414,391
2010$630,837$4,467,763▲ $40,636$238,644$4,900,592
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cherie LittonMarketing DirectorFT$124,072-$124,072
George BarkerAdministratorFT$108,241$8,605$116,846

Board Members and Trustees

NameTitle
A Lawrence Crimmins JrPresident
John StricklandVice President
Andy PaternoDirector
Betty IrelandDirector
Cam SiegristDirector
Cyndi PersilyDirector
Dan FosterDirector
Georgette GeorgeDirector
Jack AlbertDirector
Jan VinyardDirector
Jody ConnellDirector
Leroy RashidDirector
Patrick McGivernDirector
Sallie McClaughertyDirector
Steve RubinDirector
Will CarterDirector
Diane GouhinExecutive Director
Amy CondarasSecretary
Robert Simpson JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
LeCesse ConstructionConstruction75 Thruway Park Drive, West Henrietta, NY 14586$547,693
GMSC West Virginia LLCManagement Services225 E John Carpenter Freeway Suit, Irving, TX 75062$356,058
Greystone Development WV LLCProperty Development225 E John Carpenter Freeway Suite, Irving, TX 75062$224,444
Agsten Construction CoConstruction209 WWashington Street Suite 200, Charleston, WV 25302$128,829
Dixieland CarpetConstruction72nd Street SE, Charleston, WV 25304$127,969
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,761,034
Investment Income
$973,789
Other Revenue
$-181,360
Change in Net Assets
$-377,516

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,553,463
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,553,463
Total Revenue per Form 990
$11,553,463
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,501,239
Salaries, Compensation, and Employee Benefits$5,429,740
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,459,050$606,594-$4,065,644
Occupancy$1,496,663$262,461-$1,759,124
Depreciation Depletion$1,450,280$254,328-$1,704,608
Office Expenses$1,217,624$213,528-$1,431,152
Other Employee Benefits$857,714$150,413-$1,008,127
Fees for Services Management-$440,293-$440,293
Payroll Taxes$286,837$50,301-$337,138
Insurance$236,472$41,469-$277,941
Fees for Services Other$172,602$30,268-$202,870
Advertising$125,314$21,976-$147,290
Travel$70,564$12,374-$82,938
Fees for Service Investment Mgmnt Fees-$81,551-$81,551
Information Technology$64,670$11,341-$76,011
Fees for Services Legal-$73,220-$73,220
All Other Expenses$32,380$12,022-$44,402
Fees for Services Accounting-$25,431-$25,431
Pension Plan Contributions$16,021$2,810-$18,831
Other Expenses$8,265$1,449-$9,714
Conferences and Meetings$7,579$1,329-$8,908
Total Functional Expenses$9,617,562$2,313,417$0$11,930,979

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,930,979
Total Expenses per Audited Statements$11,930,979
Total Expenses per Form 990$11,930,979
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Phase III Expansion Loan$8,517,254
Series 2014 Bonds$5,266,765

Bond Issues

BondIssuerIssuedIssue PricePurpose
AWest Virginia Economic Development Authority2004-02-25$11,231,025Refund Series 1993 bonds
BWest Virginia Economic Development Authority2006-05-09$6,706,340Refund Series 1999 bonds

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$11,231,025-$8,450,000-
B$6,706,340-$1,435,000-

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
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
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

Edgewood Summit, Inc. (the community) has delegated management duties to a management company experienced in senior living. The executive director is an employee of the management company contracted to provide management oversight at the community. In addition, the executive director and community staff are supported by various team members of the management company that provide operations, marketing and financial support services.

Form 990, Part VI, Section A, line 4

As of July 7, 2014, the Articles of Incorporation and Bylaws were amended and restated to specify that the corporation shall have no members. The Board of Directors shall be self-perpetuating with all powers to elect the directors of the corporation being vested in the Board of Directors of the corporation. Up until July 7, 2014, ABH, Inc., was the sole member of the corporation and was dissolved effective August 27, 2014.

Form 990, Part VI, Section B, line 11

The Executive Director, the Board of Directors, and a representative of the organization's management company review the 990 before it is filed with the IRS.

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

The organization constantly monitors the conflict of interest policy.

Form 990, Part VI, Section B, line 15

The executive director is an employee of the management company, contracted to provide management oversight at the community. The executive director's initial compensation was based on industry market survey comparisons and initial compensation and annual wage adjustments are approved by the board of directors during review and approval of the annual operating budget.

Form 990, Part VI, Section C, line 19

Edgewood Summit, Inc. makes its governing documents and financial statements available to the public through the West Virginia Secretary of State's office and The West Virginia Economic Development Authority.

Filing and Contact Details

Filer

Filer Name
Edgewood Summit Inc
EIN
55-0701159
Phone
3043462323
Address
300 Baker Lane, Charleston, WV 25302

Signing Officer

Name
John Strickland
Title
President
Phone
3043462323
Signed
2015-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Strickland
Formed
1990
Legal Domicile
Wv
Voting Board Members
18
Independent Board Members
18
Employees
275
Volunteers
0

Preparer

Firm
Arnett Carbis Toothman LLP
Address
P O Box 2629, Charleston, WV 25329
Preparer
Marlin Witt
Phone
3043460441
Supplemental Narrative

Additional Explanations

Form 990 Part IX, Line 11A

The total for management services expense of $440,293 includes the compensation of the Executive Director as follows: Executive Director salary and benefits: $227,616 Management Company general services: $212,677

Form 990, Part XI, line 9:

Change in fair value of derivative obligation -481,221.

Financial Statement Notes

Part V, Line 4:

Funds designated by the board to provide housing assistance/charity care for residents that have exhausted all other means of assets or income for housing: $ 1,024,566; funds designated by the board for Phase III construction: $3,367; and funds reserved for bond indenture agreement-administered by a third party: $1,662,541

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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
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/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/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt208605
IRS990/Form990PartVIISectionAGrp/PersonNm0Betty Ireland
IRS990/Form990PartVIISectionAGrp/PersonNm1Will Carter
IRS990/Form990PartVIISectionAGrp/PersonNm2Jody Connell
IRS990/Form990PartVIISectionAGrp/PersonNm3Patrick McGivern
IRS990/Form990PartVIISectionAGrp/PersonNm4Jan Vinyard
IRS990/Form990PartVIISectionAGrp/PersonNm5Andy Paterno
IRS990/Form990PartVIISectionAGrp/PersonNm6Steve Rubin
IRS990/Form990PartVIISectionAGrp/PersonNm7Leroy Rashid
IRS990/Form990PartVIISectionAGrp/PersonNm8Cyndi Persily
IRS990/Form990PartVIISectionAGrp/PersonNm9Dan Foster
IRS990/Form990PartVIISectionAGrp/PersonNm10Sallie McClaugherty
IRS990/Form990PartVIISectionAGrp/PersonNm11Jack Albert
IRS990/Form990PartVIISectionAGrp/PersonNm12Georgette George
IRS990/Form990PartVIISectionAGrp/PersonNm13Cam Siegrist
IRS990/Form990PartVIISectionAGrp/PersonNm14A Lawrence Crimmins Jr
IRS990/Form990PartVIISectionAGrp/PersonNm15John Strickland
IRS990/Form990PartVIISectionAGrp/PersonNm16Robert Simpson Jr
IRS990/Form990PartVIISectionAGrp/PersonNm17Amy Condaras
IRS990/Form990PartVIISectionAGrp/PersonNm18Diane Gouhin
IRS990/Form990PartVIISectionAGrp/PersonNm19Cherie Litton
IRS990/Form990PartVIISectionAGrp/PersonNm20George Barker
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/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19124072
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20108241
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/TitleTxt0Director
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/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14President
IRS990/Form990PartVIISectionAGrp/TitleTxt15Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt18Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Marketing Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Administrator
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01990
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-89593
IRS990/GainOrLossGrp/SecuritiesAmt0684067
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02352624
IRS990/GrossReceiptsAmt013311613
IRS990/GrossRentsGrp/RealAmt028933
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt011341
IRS990/InformationTechnologyGrp/ProgramServicesAmt064670
IRS990/InformationTechnologyGrp/TotalAmt076011
IRS990/InsuranceGrp/ManagementAndGeneralAmt041469
IRS990/InsuranceGrp/ProgramServicesAmt0236472
IRS990/InsuranceGrp/TotalAmt0277941
IRS990/InventoriesForSaleOrUseGrp/BOYAmt015088
IRS990/InventoriesForSaleOrUseGrp/EOYAmt016837
IRS990/InvestmentIncomeGrp/ExclusionAmt0379315
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0379315
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016120906
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016630099
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt052
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014659239
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025017563
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024104309
IRS990/LandBldgEquipCostOrOtherBssAmt038763548
IRS990/LegalDomicileStateCd0WV
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt089593
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01668557
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Organization's primary exempt function is to provide, on a non-profit basis, long-term care facilities in the state of West Virginia specifically designed to meet the physical, social and psychological needs of elderly and infirm persons, including but not limited to housing, buildings, structures, equipment, furnishings, programs and related health and other services contributing to their health, security, happiness and physical and mental well-being.The mission of Edgewood Summit is to provide an attractive, caring, comfortable senior living community. A secure environment and quality service that will be the hallmark of this community.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03611364
IRS990/NetAssetsOrFundBalancesEOYAmt02286006
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0594474
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0594474
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt028933
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt028933
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-466621
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0262461
IRS990/OccupancyGrp/ProgramServicesAmt01496663
IRS990/OccupancyGrp/TotalAmt01759124
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0213528
IRS990/OfficeExpensesGrp/ProgramServicesAmt01217624
IRS990/OfficeExpensesGrp/TotalAmt01431152
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01324162
IRS990/OtherAssetsTotalGrp/EOYAmt0802517
IRS990/OtherChangesInNetAssetsAmt0-481221
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0150413
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0857714
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01008127
IRS990/OtherExpensesGrp/Desc0Taxes
IRS990/OtherExpensesGrp/Desc1Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc2Employee evaluations
IRS990/OtherExpensesGrp/Desc3Licenses, permits & fee
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016348
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12411
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31449
IRS990/OtherExpensesGrp/ProgramServicesAmt093224
IRS990/OtherExpensesGrp/ProgramServicesAmt113749
IRS990/OtherExpensesGrp/ProgramServicesAmt28554
IRS990/OtherExpensesGrp/ProgramServicesAmt38265
IRS990/OtherExpensesGrp/TotalAmt0109572
IRS990/OtherExpensesGrp/TotalAmt116160
IRS990/OtherExpensesGrp/TotalAmt210054
IRS990/OtherExpensesGrp/TotalAmt39714
IRS990/OtherLiabilitiesGrp/BOYAmt08709789
IRS990/OtherLiabilitiesGrp/EOYAmt013784019
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Other
IRS990/OtherRevenueMiscGrp/Desc1Loss on Extinguishment of debt
IRS990/OtherRevenueMiscGrp/ExclusionAmt02046
IRS990/OtherRevenueMiscGrp/ExclusionAmt1-212339
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02046
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1-212339
IRS990/OtherRevenueTotalAmt0-210293
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0606594
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03459050
IRS990/OtherSalariesAndWagesGrp/TotalAmt04065644
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050301
IRS990/PayrollTaxesGrp/ProgramServicesAmt0286837
IRS990/PayrollTaxesGrp/TotalAmt0337138
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02810
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt016021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$39.5$36.3$3.24$13.1$13.9$0.78
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.8$36.7$3.09$13.4$13.5$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.3$37.8$5.50$14.6$12.4$2.21
2020Summary only. Only limited summary data is available for this year.$40.9$40.6$0.35$12.4$12.4$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$41.5$38.9$2.58$12.9$12.2$0.63
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.7$39.7$2.95$12.6$12.3$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.6$40.6$1.99$11.9$12.3$0.37
2016Detailed filing. Detailed filing data is available for this year.$42.5$42.4$0.11$12.2$11.9$0.30
2015Detailed filing. Detailed filing data is available for this year.$43.4$41.2$2.29$11.6$11.9$0.38
2014Detailed filing. Detailed filing data is available for this year.$44.9$41.3$3.61$9.66$10.3$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.9$37.2$2.71$7.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$26.5$6.29$6.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$26.7$5.88$6.57
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$26.9$1.04$6.29
Peer Organizations

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