Civic Intelligence

Edgewood Summit Inc.

990 • Fiscal year 2016 • EIN 55-0701159

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 04, 2016

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

92nd percentile

1.00x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

3.47x

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

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

51st percentile

2.4%

Higher net margin than 51% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$124,123

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2016 filings • $25M-$50M nonprofits • Source year 2016

Asset Growth

28th percentile

-2.1%

Faster asset growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

5.8%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Down

$42,524,166

Down $922,787 (-2.1%) from 2015

Net Assets

Down

$110,707

Down $2,175,299 (-95%) from 2015

Liabilities

Up

$42,413,459

Up $1,252,512 (+3.0%) from 2015

Revenue

Up

$12,217,959

Up $664,496 (+5.8%) from 2015

Expenses

Down

$11,919,692

Down $11,287 (-0.1%) from 2015

Net Income

Up

$298,267

Up $675,783 (+179%) from 2015

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

2016

Assets$42,524,166
Liabilities$42,413,459
Net Assets$110,707

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

2016

Revenue$12,217,959
Expenses$11,919,692
Net Income$298,267
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 4, 2016
Return Version
2015v2.1
Gross Receipts
$12,224,614
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$24,104,309$23,367,868▼ $736,441
Investments in Publicly Traded Securities$16,630,099$16,029,115▼ $600,984
Savings and Temporary Cash Investments$639,495$1,496,179▲ $856,684
Accounts Receivable$1,053,906$784,200▼ $269,706
Prepaid Expenses and Deferred Charges$188,920$168,919▼ $20,001
Cash and Non-Interest-Bearing Accounts$10,870$27,234▲ $16,364
Inventories for Sale or Use$16,837$16,472▼ $365
Total Assets$43,446,953$42,524,166▼ $922,787
Other Assets Total$802,517$634,179▼ $168,338
Liabilities
Deferred Revenue$18,452,298$19,694,551▲ $1,242,253
Other Liabilities$13,784,019$14,161,883▲ $377,864
Tax Exempt Bond Liabilities$8,130,527$7,891,530▼ $238,997
Accounts Payable and Accrued Expenses$794,103$665,495▼ $128,608
Total Liabilities$41,160,947$42,413,459▲ $1,252,512
Net Assets / Fund Balance
Unrestricted Net Assets$2,286,006$110,707▼ $2,175,299
Total Net Assets Fund Balance$2,286,006$110,707▼ $2,175,299
Total Liabilities and Net Assets / Fund Balance$43,446,953$42,524,166▼ $922,787

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,232,305$8,259,223$26,491,528
Equipment$2,060,391$5,989,374$8,049,765
Other Land Buildings$2,218,608$1,875,795$4,094,403
Land$856,564-$856,564

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$2,690,474$12,890▼ $26,359-$2,677,005
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
George BarkerAdministratorFT$111,477$12,646$124,123
Cherie LittonMarketing DirectorFT$100,897-$100,897

Board Members and Trustees

NameTitle
John StricklandPresident
Cam SiegristVice-President
Andy PaternoDirector
Betty IrelandDirector
Cyndi PersilyDirector
Dan FosterDirector
Georgette GeorgeDirector
Jack AlbertDirector
Jan VinyardDirector
Jane ClineDirector
Leroy RashidDirector
Patrick McGivernDirector
Reed SpanglerDirector
Sallie McClaughertyDirector
Steve RubinDirector
Diane GouhinExecutive Director
Amy CondarasSecretary
Robert Simpson JrTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
GMSC West Virginia LLCManagement Services225 E John Carpenter Freeway Suit, Irving, TX 75062$511,718
Genesis Eldercare Rehab ServicesTherapy ServicesP O Box 821322, Philadephia, PA 19182$202,203
Agsten Construction CoConstruction209 WWashington Street Suite 200, Charleston, WV 25302$201,007
Glynn DevinsAd Agency11230 Gollege Blvd, Overland Park, KS 66210$199,524
Dixieland CarpetConstruction72nd Street SE, Charleston, WV 25304$176,791
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,126,776
Investment Income
$1,049,003
Other Revenue
$42,180
Change in Net Assets
$298,267

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,217,959
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$12,217,959
Total Revenue per Form 990
$12,217,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,322,323
Salaries, Compensation, and Employee Benefits$5,597,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,604,134$637,021-$4,241,155
Depreciation Depletion$1,423,275$251,560-$1,674,835
Occupancy$1,380,106$243,930-$1,624,036
Office Expenses$1,179,777$208,523-$1,388,300
Other Employee Benefits$833,775$147,368-$981,143
Fees for Services Management-$448,839-$448,839
Payroll Taxes$304,048$53,740-$357,788
Insurance$231,162$40,857-$272,019
Fees for Services Other$153,193$27,077-$180,270
Information Technology$127,773$22,583-$150,356
Fees for Service Investment Mgmnt Fees-$78,478-$78,478
Travel$61,547$10,878-$72,425
Fees for Services Legal-$67,022-$67,022
Advertising$47,336$8,366-$55,702
All Other Expenses$25,210$11,818-$37,028
Fees for Services Accounting-$24,635-$24,635
Pension Plan Contributions$14,687$2,596-$17,283
Conferences and Meetings$11,630$2,056-$13,686
Other Expenses$8,046$1,422-$9,468
Total Functional Expenses$9,608,464$2,311,228$0$11,919,692

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,919,692
Total Expenses per Audited Statements$11,919,692
Total Expenses per Form 990$11,919,692
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$8,321,345
Series 2014 Bonds$4,842,244
Interest rate swap agreement$998,294

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-$1,675,000-

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
No
Compensation from other sources disclosed
Yes
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
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 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
2016-11-04
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
269
Volunteers
0

Preparer

Firm
Arnett Carbis Toothman LLP
Address
P O Box 2629, Charleston, WV 25329
Preparer
Tessa W Carr
Phone
3043460441
Supplemental Narrative

Additional Explanations

Form 990 Part IX, Line 11A

The total for management services expense of $448,839 includes the compensation of the Executive Director as follows: Executive Director salary and benefits: $211,121 Management Company general services: $237,718

Form 990, Part XI, line 9:

Change in fair value of derivative obligation -1,115,833.

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: $ 1,002,569; and funds reserved for bond indenture agreement-administered by a third party: $1,674,436.

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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/OtherCompensationAmt2012646
IRS990/Form990PartVIISectionAGrp/PersonNm0John Strickland
IRS990/Form990PartVIISectionAGrp/PersonNm1Cam Siegrist
IRS990/Form990PartVIISectionAGrp/PersonNm2Amy Condaras
IRS990/Form990PartVIISectionAGrp/PersonNm3Robert Simpson Jr
IRS990/Form990PartVIISectionAGrp/PersonNm4Jack Albert
IRS990/Form990PartVIISectionAGrp/PersonNm5Jane Cline
IRS990/Form990PartVIISectionAGrp/PersonNm6Dan Foster
IRS990/Form990PartVIISectionAGrp/PersonNm7Georgette George
IRS990/Form990PartVIISectionAGrp/PersonNm8Betty Ireland
IRS990/Form990PartVIISectionAGrp/PersonNm9Sallie McClaugherty
IRS990/Form990PartVIISectionAGrp/PersonNm10Patrick McGivern
IRS990/Form990PartVIISectionAGrp/PersonNm11Andy Paterno
IRS990/Form990PartVIISectionAGrp/PersonNm12Cyndi Persily
IRS990/Form990PartVIISectionAGrp/PersonNm13Leroy Rashid
IRS990/Form990PartVIISectionAGrp/PersonNm14Steve Rubin
IRS990/Form990PartVIISectionAGrp/PersonNm15Reed Spangler
IRS990/Form990PartVIISectionAGrp/PersonNm16Jan Vinyard
IRS990/Form990PartVIISectionAGrp/PersonNm17Reed Spangler
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/ReportableCompFromOrgAmt19100897
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20111477
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/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
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/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
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/OtherAmt0-6655
IRS990/GainOrLossGrp/SecuritiesAmt0776581
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0776581
IRS990/GrossReceiptsAmt012224614
IRS990/GrossRentsGrp/RealAmt028166
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022583
IRS990/InformationTechnologyGrp/ProgramServicesAmt0127773
IRS990/InformationTechnologyGrp/TotalAmt0150356
IRS990/InsuranceGrp/ManagementAndGeneralAmt040857
IRS990/InsuranceGrp/ProgramServicesAmt0231162
IRS990/InsuranceGrp/TotalAmt0272019
IRS990/InventoriesForSaleOrUseGrp/BOYAmt016837
IRS990/InventoriesForSaleOrUseGrp/EOYAmt016472
IRS990/InvestmentIncomeGrp/ExclusionAmt0279077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0279077
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt016630099
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016029115
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt049
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt016124392
IRS990/LandBldgEquipBasisNetGrp/BOYAmt024104309
IRS990/LandBldgEquipBasisNetGrp/EOYAmt023367868
IRS990/LandBldgEquipCostOrOtherBssAmt039492260
IRS990/LegalDomicileStateCd0WV
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt06655
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/NetAssetsOrFundBalancesBOYAmt02286006
IRS990/NetAssetsOrFundBalancesEOYAmt0110707
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0769926
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0769926
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt028166
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt028166
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1357733
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0243930
IRS990/OccupancyGrp/ProgramServicesAmt01380106
IRS990/OccupancyGrp/TotalAmt01624036
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0208523
IRS990/OfficeExpensesGrp/ProgramServicesAmt01179777
IRS990/OfficeExpensesGrp/TotalAmt01388300
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0802517
IRS990/OtherAssetsTotalGrp/EOYAmt0634179
IRS990/OtherChangesInNetAssetsAmt0-1115833
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0147368
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0833775
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0981143
IRS990/OtherExpensesGrp/Desc0Taxes
IRS990/OtherExpensesGrp/Desc1Bad debt
IRS990/OtherExpensesGrp/Desc2Dues & Subscriptions
IRS990/OtherExpensesGrp/Desc3Employee evaluations
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018364
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt14095
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21422
IRS990/OtherExpensesGrp/ProgramServicesAmt0103902
IRS990/OtherExpensesGrp/ProgramServicesAmt175696
IRS990/OtherExpensesGrp/ProgramServicesAmt223167
IRS990/OtherExpensesGrp/ProgramServicesAmt38046
IRS990/OtherExpensesGrp/TotalAmt0122266
IRS990/OtherExpensesGrp/TotalAmt175696
IRS990/OtherExpensesGrp/TotalAmt227262
IRS990/OtherExpensesGrp/TotalAmt39468
IRS990/OtherLiabilitiesGrp/BOYAmt013784019
IRS990/OtherLiabilitiesGrp/EOYAmt014161883
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Bad Debt Recovery
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt014014
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt014014
IRS990/OtherRevenueTotalAmt014014
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0637021
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03604134
IRS990/OtherSalariesAndWagesGrp/TotalAmt04241155
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt053740
IRS990/PayrollTaxesGrp/ProgramServicesAmt0304048
IRS990/PayrollTaxesGrp/TotalAmt0357788
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02596
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014687
IRS990/PensionPlanContributionsGrp/TotalAmt017283
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0188920
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0168919
IRS990/PrincipalOfficerNm0John Strickland

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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