Civic Intelligence

Friends Homes Inc.

990 • Fiscal year 2015 • EIN 56-0754599

Oct 01, 2014 to Sep 30, 2015 • Filed on Nov 30, 2015

Organization Profilefriendshomes.org

View Organization Page

925 New Garden RoadGreensboro, NC 27410

(336) 292-8187

Siviq Scores

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

Liabilities / Assets

75th percentile

0.60x

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

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Liabilities / Revenue

82nd percentile

1.84x

Higher debt load relative to revenue than 82% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Net Margin

51st percentile

4.1%

Higher net margin than 51% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Top Officer Pay

17th percentile

$175,915

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2015

Asset Growth

18th percentile

-3.8%

Faster asset growth than 18% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-0.3%

Faster revenue growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$81,323,432

Down $3,241,342 (-3.8%) from 2014

Net Assets

Down

$32,430,126

Down $1,861,992 (-5.4%) from 2014

Liabilities

Down

$48,893,306

Down $1,379,350 (-2.7%) from 2014

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin51st percentile

Revenue

Down

$26,595,628

Down $74,724 (-0.3%) from 2014

Expenses

Up

$25,505,681

Up $580,913 (+2.3%) from 2014

Net Income

Down

$1,089,947

Down $655,637 (-38%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$300M$200M$100M$0Assets 2011: $77,174,697Liabilities 2011: $55,163,234Net Assets 2011: $22,011,4632011Assets 2012: $78,737,849Liabilities 2012: $51,995,046Net Assets 2012: $26,742,8032012Assets 2013: $81,478,749Liabilities 2013: $50,727,177Net Assets 2013: $30,751,5722013Assets 2014: $84,564,774Liabilities 2014: $50,272,656Net Assets 2014: $34,292,1182014Assets 2015: $81,323,432Liabilities 2015: $48,893,306Net Assets 2015: $32,430,1262015Assets 2016: $83,780,545Liabilities 2016: $48,285,175Net Assets 2016: $35,495,3702016Assets 2017: $88,390,724Liabilities 2017: $47,985,493Net Assets 2017: $40,405,2312017Assets 2018: $93,008,660Liabilities 2018: $48,428,547Net Assets 2018: $44,580,1132018Assets 2019: $93,443,811Liabilities 2019: $48,208,170Net Assets 2019: $45,235,6412019Assets 2020: $128,114,482Liabilities 2020: $78,883,619Net Assets 2020: $49,230,8632020Assets 2021: $195,306,442Liabilities 2021: $136,785,903Net Assets 2021: $58,520,5392021Assets 2022: $191,608,853Liabilities 2022: $148,001,211Net Assets 2022: $43,607,6422022Assets 2023: $204,449,008Liabilities 2023: $158,526,276Net Assets 2023: $45,922,7322023Assets 2024: $217,129,780Liabilities 2024: $159,128,390Net Assets 2024: $58,001,3902024Assets 2025: $212,470,033Liabilities 2025: $148,822,545Net Assets 2025: $63,647,4882025

Highlighted filing

2015

Assets$81,323,432
Liabilities$48,893,306
Net Assets$32,430,126
Open 2015 Filing

Operations Trend

Revenue Growth34th percentile

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

$60M$40M$20M$0-$20MExpenses 2011: $22,841,7632011Expenses 2012: $25,234,7062012Expenses 2013: $24,350,3872013Revenue 2014: $26,670,352Expenses 2014: $24,924,768Net Income 2014: $1,745,5842014Revenue 2015: $26,595,628Expenses 2015: $25,505,681Net Income 2015: $1,089,9472015Revenue 2016: $29,429,486Expenses 2016: $26,896,170Net Income 2016: $2,533,3162016Revenue 2017: $28,593,851Expenses 2017: $27,391,592Net Income 2017: $1,202,2592017Revenue 2018: $31,573,025Expenses 2018: $28,128,494Net Income 2018: $3,444,5312018Revenue 2019: $32,172,223Expenses 2019: $29,653,628Net Income 2019: $2,518,5952019Revenue 2020: $34,609,316Expenses 2020: $32,607,811Net Income 2020: $2,001,5052020Revenue 2021: $36,183,617Expenses 2021: $34,087,382Net Income 2021: $2,096,2352021Revenue 2022: $42,576,118Expenses 2022: $36,918,828Net Income 2022: $5,657,2902022Revenue 2023: $41,313,832Expenses 2023: $42,829,838Net Income 2023: -$1,516,0062023Revenue 2024: $48,592,744Expenses 2024: $46,346,057Net Income 2024: $2,246,6872024Revenue 2025: $50,087,335Expenses 2025: $48,606,361Net Income 2025: $1,480,9742025

Highlighted filing

2015

Revenue$26,595,628
Expenses$25,505,681
Net Income$1,089,947
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Nov 30, 2015
Return Version
2014v5.0
Gross Receipts
$56,261,120
Mission and Program Overview

Mission

Guided by quaker values, friends homes offers a life plan community that encourages a sense of wholeness, wellness, purpose and security at a fair cost, so that each resident may live a fulfilling life.

To establish and operate continuing care retirement communities in accordance with the principles of the Religious Society of Friends. These principles require that our communities provide, at a reasonable cost, an environment which fosters independence and a sense of wholeness, health, and security so that each resident may realize his or her full potential. In doing so we facilitate the basic Quaker principle that "there is God in every person," meaning that everyone has worth and value. Through continuous improvement and expansion, the organization will provide affordable services to the aged and support to the community at large. We accept the responsibility to promote consistent quality care while providing a home for our residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$46,346,947$46,381,982▲ $35,035
Investments in Publicly Traded Securities$27,196,935$24,038,760▼ $3,158,175
Savings and Temporary Cash Investments$7,825,845$8,405,989▲ $580,144
Accounts Receivable$1,642,632$1,671,426▲ $28,794
Pledges and Grants Receivable$327,459$217,309▼ $110,150
Inventories for Sale or Use$195,908$183,650▼ $12,258
Prepaid Expenses and Deferred Charges$101,790$51,320▼ $50,470
Total Assets$84,564,774$81,323,432▼ $3,241,342
Other Assets Total$927,258$372,996▼ $554,262
Liabilities
Tax Exempt Bond Liabilities$34,335,000$33,090,000▼ $1,245,000
Deferred Revenue$11,770,636$11,641,691▼ $128,945
Accounts Payable and Accrued Expenses$2,241,292$1,902,335▼ $338,957
Mortgage Notes Payable Secured by Investment Property$1,838,017$1,705,893▼ $132,124
Other Liabilities$87,711$553,387▲ $465,676
Total Liabilities$50,272,656$48,893,306▼ $1,379,350
Net Assets / Fund Balance
Unrestricted Net Assets$33,376,133$32,028,504▼ $1,347,629
Temporarily Rstr Net Assets$850,985$336,622▼ $514,363
Permanently Rstr Net Assets$65,000$65,000→ $0
Total Net Assets Fund Balance$34,292,118$32,430,126▼ $1,861,992
Total Liabilities and Net Assets / Fund Balance$84,564,774$81,323,432▼ $3,241,342

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,001,445$28,216,660$62,218,105
Leasehold Improvements$5,732,245$2,468,825$8,201,070
Equipment$1,468,302$4,169,935$5,638,237
Land$5,179,990-$5,179,990
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Wilson Sheldon JrCEOFT$175,915$175,915
Tim E JacksonAdministratorFT$107,991$107,991
Donna SprinkleAdministratorFT$107,579$107,579

Board Members and Trustees

NameTitle
William Stevens JrVice Chair
Ben WarrenBoard Member
Beth JoyceBoard Member
Bill DavisBoard Member
Carolyn McPhersonBoard Member
Dan AllenBoard Member
David MillikanBoard Member
Deets McCullenBoard Member
Janet RobbinsBoard Member
Jennifer RossBoard Member
Jennifer SchaalBoard Member
John KirkBoard Member
Kathleen KellumBoard Member
Laura ParsonsBoard Member
Mark FarlowBoard Member
Marla AllredBoard Member
Martha MattocksBoard Member
Patrick TillmanBoard Member
R Thompson WrightBoard Member
Sara Beth TerrellBoard Member
Scott WagonerBoard Member
Traci CossmanBoard Member
Patrick MillerTreasurer
Terrill HarrisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$191,344
Program Service Revenue
$25,762,378
Investment Income
$641,906
Other Revenue
$0
All Other Contributions
$191,344
Change in Net Assets
$1,089,947

Audited Revenue Reconciliation

Revenue per Audited Statements
$26,595,628
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-2,951,939
Total Revenue per Audited Statements
$23,643,689
Total Revenue per Form 990
$26,595,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$13,959,312
Other Expenses$11,546,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,216,197$1,347,580-$11,563,777
All Other Expenses$2,902,816$586,985-$3,489,801
Depreciation Depletion$1,967,022$103,528-$2,070,550
Other Employee Benefits$1,106,809$150,928-$1,257,737
Other Expenses$991,809$6,661-$998,470
Interest$797,339$108,728-$906,067
Payroll Taxes$726,290$99,871-$826,161
Pension Plan Contributions$217,506$94,131-$311,637
Fees for Services Other$98,574--$98,574
Fees for Services Accounting-$70,590-$70,590
Fees for Services Legal-$8,513-$8,513
Total Functional Expenses$22,874,761$2,630,920$0$25,505,681

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$25,505,681
Total Expenses per Audited Statements$25,505,681
Total Expenses per Form 990$25,505,681
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
Interest rate swap$434,166
Occupancy deposits$97,000
Prepaid rent$22,221

Bond Issues

BondIssuerIssuedIssue PricePurpose
ANorth Carolina Medical Care Commission2011-11-01$37,745,000Refunding prior bond issue dated 10/16/03

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$37,745,000-$4,655,000-

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
No
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
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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 990 is reviewed by the Chief Executive Officer, the Controller and Chairman of the board.”

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

“The policy is signed each time a member joins the board. The organization relies on the integrity of the board members to monitor their independence.”

Form 990, Part VI, Section B, line 15A

“The CEO's compensation is set by the compensation committee of the board who are independent.”

Form 990, Part VI, Section C, line 19

“The Organization is regulated by the Insurance Commission and the financial statements are part of the Disclosure required by them.”

Filing and Contact Details

Filer

Filer Name
Friends Homes Inc
EIN
56-0754599
Phone
3362928187
Address
925 New Garden Road, Greensboro, NC 27410

Signing Officer

Name
Wilson Sheldon
Title
Chief Executive Officer
Phone
3362928187
Signed
2015-11-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wilson Sheldon
Formed
1958
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
563
Volunteers
75

Preparer

Firm
Turlington and Company LLP
Address
PO Box 1697, Lexington, NC 27293-1697
Preparer
Marcia W Henriksen
Phone
3362496856
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

“Contract Medical Services: Program service expenses 727,623. Management and general expenses 0. Fundraising expenses 0. Total expenses 727,623. Miscellaneous: Program service expenses 309,789. Management and general expenses 270,667. Fundraising expenses 0. Total expenses 580,456. Supplies: Program service expenses 508,777. Management and general expenses 27,025. Fundraising expenses 0. Total expenses 535,802. Contractual dietary: Program service expenses 467,328. Management and general expenses 0. Fundraising expenses 0. Total expenses 467,328. Prescription drugs, etc.: Program service expenses 456,486. Management and general expenses 0. Fundraising expenses 0. Total expenses 456,486. Insurance: Program service expenses 312,774. Management and general expenses 141,409. Fundraising expenses 0. Total expenses 454,183. Office expenses: Program service expenses 61,084. Management and general expenses 126,582. Fundraising expenses 0. Total expenses 187,666. Property Taxes: Program service expenses 37,846. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,846. Dues and Subscriptions: Program service expenses 3,061. Management and general expenses 21,302. Fundraising expenses 0. Total expenses 24,363. Amortization of bond issue costs: Program service expenses 18,048. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,048.”

Form 990, Part XI, line 9:

“Unrealized gain/loss on interest rate swap -485,030. Change in value of gift annuity -59,346.”

Financial Statement Notes

Part X, Line 2:

“The Organization has determined that it has no uncertain income tax positions as of September 30, 2015 and 2014. Also, the Organization does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change in its financial position. The Organization's income tax returns for years ended after September 30, 2012 remain open for examination.”

Part XI, Line 2D - Other Adjustments:

“Unrealized loss on interest rate swap -485,030. Change in value of gift annuity -59,346.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Mark Farlow
IRS990/Form990PartVIISectionAGrp/PersonNm1Terrill Harris
IRS990/Form990PartVIISectionAGrp/PersonNm2Beth Joyce
IRS990/Form990PartVIISectionAGrp/PersonNm3John Kirk
IRS990/Form990PartVIISectionAGrp/PersonNm4Deets McCullen
IRS990/Form990PartVIISectionAGrp/PersonNm5Carolyn McPherson
IRS990/Form990PartVIISectionAGrp/PersonNm6Martha Mattocks
IRS990/Form990PartVIISectionAGrp/PersonNm7David Millikan
IRS990/Form990PartVIISectionAGrp/PersonNm8Janet Robbins
IRS990/Form990PartVIISectionAGrp/PersonNm9Jennifer Ross
IRS990/Form990PartVIISectionAGrp/PersonNm10William Stevens Jr
IRS990/Form990PartVIISectionAGrp/PersonNm11Sara Beth Terrell
IRS990/Form990PartVIISectionAGrp/PersonNm12Patrick Tillman
IRS990/Form990PartVIISectionAGrp/PersonNm13Scott Wagoner
IRS990/Form990PartVIISectionAGrp/PersonNm14Ben Warren
IRS990/Form990PartVIISectionAGrp/PersonNm15Marla Allred
IRS990/Form990PartVIISectionAGrp/PersonNm16Traci Cossman
IRS990/Form990PartVIISectionAGrp/PersonNm17Bill Davis
IRS990/Form990PartVIISectionAGrp/PersonNm18Dan Allen
IRS990/Form990PartVIISectionAGrp/PersonNm19Kathleen Kellum
IRS990/Form990PartVIISectionAGrp/PersonNm20Patrick Miller
IRS990/Form990PartVIISectionAGrp/PersonNm21Laura Parsons
IRS990/Form990PartVIISectionAGrp/PersonNm22Jennifer Schaal
IRS990/Form990PartVIISectionAGrp/PersonNm23R Thompson Wright
IRS990/Form990PartVIISectionAGrp/PersonNm24Wilson Sheldon Jr
IRS990/Form990PartVIISectionAGrp/PersonNm25Tim E Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm26Donna Sprinkle
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/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt24175915
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt25107991
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt26107579
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/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt25Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt26Administrator
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01958
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt01513
IRS990/GainOrLossGrp/SecuritiesAmt0-273815
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt02200
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt029390990
IRS990/GrossReceiptsAmt056261120
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt024
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt0108728
IRS990/InterestGrp/ProgramServicesAmt0797339
IRS990/InterestGrp/TotalAmt0906067
IRS990/InventoriesForSaleOrUseGrp/BOYAmt0195908
IRS990/InventoriesForSaleOrUseGrp/EOYAmt0183650
IRS990/InvestmentIncomeGrp/ExclusionAmt0914208
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0914208
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt027196935
IRS990/InvestmentsPubTradedSecGrp/EOYAmt024038760
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt0152
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt034855420
IRS990/LandBldgEquipBasisNetGrp/BOYAmt046346947
IRS990/LandBldgEquipBasisNetGrp/EOYAmt046381982
IRS990/LandBldgEquipCostOrOtherBssAmt081237402
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0687
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt029664805
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide nursing and residential care and other support services to the elderly.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01838017
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01705893
IRS990/NetAssetsOrFundBalancesBOYAmt034292118
IRS990/NetAssetsOrFundBalancesEOYAmt032430126
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-272302
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-272302
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-2407563
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0927258
IRS990/OtherAssetsTotalGrp/EOYAmt0372996
IRS990/OtherChangesInNetAssetsAmt0-544376
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0150928
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01106809
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01257737
IRS990/OtherExpensesGrp/Desc0Food Costs
IRS990/OtherExpensesGrp/Desc1Utilities
IRS990/OtherExpensesGrp/Desc2Charitable care
IRS990/OtherExpensesGrp/Desc3Repairs & maintenance
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt053405
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16661
IRS990/OtherExpensesGrp/ProgramServicesAmt01558471
IRS990/OtherExpensesGrp/ProgramServicesAmt11233404
IRS990/OtherExpensesGrp/ProgramServicesAmt21058524
IRS990/OtherExpensesGrp/ProgramServicesAmt3991809
IRS990/OtherExpensesGrp/TotalAmt01558471
IRS990/OtherExpensesGrp/TotalAmt11286809
IRS990/OtherExpensesGrp/TotalAmt21058524
IRS990/OtherExpensesGrp/TotalAmt3998470
IRS990/OtherLiabilitiesGrp/BOYAmt087711
IRS990/OtherLiabilitiesGrp/EOYAmt0553387
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01347580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010216197
IRS990/OtherSalariesAndWagesGrp/TotalAmt011563777
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt099871
IRS990/PayrollTaxesGrp/ProgramServicesAmt0726290
IRS990/PayrollTaxesGrp/TotalAmt0826161
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt094131
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0217506
IRS990/PensionPlanContributionsGrp/TotalAmt0311637
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt065000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt065000
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0327459
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0217309
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0101790
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt051320
IRS990/PrincipalOfficerNm0Wilson Sheldon
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0Resident services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt025762378
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt025762378
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0357364
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01505227
IRS990/PYOtherExpensesAmt010754629
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt024807761
IRS990/PYRevenuesLessExpensesAmt01745584
IRS990/PYSalariesCompEmpBnftPaidAmt014170139
IRS990/PYTotalExpensesAmt024924768
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026670352
IRS990/QuidProQuoContributionsInd00

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,323,432
Liabilities
$48,893,306
Net assets
$32,430,126
Revenue
$26,595,628
Expenses
$25,505,681
Net income
$1,089,947
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$212$149$63.6$50.1$48.6$1.48
2024Detailed filing. Detailed filing data is available for this year.$217$159$58.0$48.6$46.3$2.25
2023Detailed filing. Detailed filing data is available for this year.$204$159$45.9$41.3$42.8$1.52
2022Detailed filing. Detailed filing data is available for this year.$192$148$43.6$42.6$36.9$5.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$195$137$58.5$36.2$34.1$2.10
2020Detailed filing. Detailed filing data is available for this year.$128$78.9$49.2$34.6$32.6$2.00
2019Detailed filing. Detailed filing data is available for this year.$93.4$48.2$45.2$32.2$29.7$2.52
2018Detailed filing. Detailed filing data is available for this year.$93.0$48.4$44.6$31.6$28.1$3.44
2017Detailed filing. Detailed filing data is available for this year.$88.4$48.0$40.4$28.6$27.4$1.20
2016Detailed filing. Detailed filing data is available for this year.$83.8$48.3$35.5$29.4$26.9$2.53
2015Detailed filing. Detailed filing data is available for this year.$81.3$48.9$32.4$26.6$25.5$1.09
2014Detailed filing. Detailed filing data is available for this year.$84.6$50.3$34.3$26.7$24.9$1.75
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.5$50.7$30.8$24.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$78.7$52.0$26.7$25.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$77.2$55.2$22.0$22.8