Civic Intelligence

Covenant Village Inc.

990 • Fiscal year 2016 • EIN 56-1210103

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 11, 2017

Organization ProfileN/A

View Organization Page

1351 Robinwood RoadGastonia, NC 28056

(704) 867-2319

Siviq Scores

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

Liabilities / Assets

75th percentile

0.55x

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

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

78th percentile

0.91x

Higher debt load relative to revenue than 78% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

68th percentile

8.5%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

40th percentile

-0.1%

Faster asset growth than 40% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

71st percentile

11%

Faster revenue growth than 71% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets75th percentile

Assets

Down

$21,140,849

Down $22,599 (-0.1%) from 2015

Net Assets

Up

$9,412,788

Up $1,340,440 (+17%) from 2015

Liabilities

Down

$11,728,061

Down $1,363,039 (-10%) from 2015

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin68th percentile

Revenue

Up

$12,937,333

Up $1,322,434 (+11%) from 2015

Expenses

Up

$11,843,206

Up $533,909 (+4.7%) from 2015

Net Income

Up

$1,094,127

Up $788,525 (+258%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$40M$30M$20M$10M$0Assets 2010: $21,621,061Liabilities 2010: $12,438,132Net Assets 2010: $9,182,9292010Assets 2011: $21,056,445Liabilities 2011: $12,637,420Net Assets 2011: $8,419,0252011Assets 2012: $21,211,481Liabilities 2012: $12,852,188Net Assets 2012: $8,359,2932012Assets 2013: $21,382,948Liabilities 2013: $13,182,879Net Assets 2013: $8,200,0692013Assets 2014: $20,849,619Liabilities 2014: $12,847,095Net Assets 2014: $8,002,5242014Assets 2015: $21,163,448Liabilities 2015: $13,091,100Net Assets 2015: $8,072,3482015Assets 2016: $21,140,849Liabilities 2016: $11,728,061Net Assets 2016: $9,412,7882016Assets 2017: $21,364,350Liabilities 2017: $13,285,804Net Assets 2017: $8,078,5462017Assets 2018: $21,000,186Liabilities 2018: $12,961,390Net Assets 2018: $8,038,7962018Assets 2019: $21,898,549Liabilities 2019: $14,003,344Net Assets 2019: $7,895,2052019Assets 2020: $23,579,147Liabilities 2020: $15,448,327Net Assets 2020: $8,130,8202020Assets 2021: $23,561,338Liabilities 2021: $13,916,538Net Assets 2021: $9,644,8002021Assets 2022: $24,815,314Liabilities 2022: $14,809,427Net Assets 2022: $10,005,8872022Assets 2023: $24,993,301Liabilities 2023: $17,594,252Net Assets 2023: $7,399,0492023Assets 2024: $32,416,398Liabilities 2024: $24,341,080Net Assets 2024: $8,075,3182024

Highlighted filing

2016

Assets$21,140,849
Liabilities$11,728,061
Net Assets$9,412,788
Open 2016 Filing

Operations Trend

Revenue Growth71st percentile

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

$20M$10M$0-$10MExpenses 2010: $9,841,3932010Expenses 2011: $10,164,2712011Expenses 2012: $10,318,0912012Expenses 2013: $10,782,1242013Revenue 2014: $10,800,334Expenses 2014: $11,184,766Net Income 2014: -$384,4322014Revenue 2015: $11,614,899Expenses 2015: $11,309,297Net Income 2015: $305,6022015Revenue 2016: $12,937,333Expenses 2016: $11,843,206Net Income 2016: $1,094,1272016Revenue 2017: $11,789,135Expenses 2017: $12,071,744Net Income 2017: -$282,6092017Revenue 2018: $11,696,678Expenses 2018: $11,906,181Net Income 2018: -$209,5032018Revenue 2019: $12,405,828Expenses 2019: $12,549,419Net Income 2019: -$143,5912019Revenue 2020: $13,615,774Expenses 2020: $13,380,159Net Income 2020: $235,6152020Revenue 2021: $15,543,339Expenses 2021: $14,029,359Net Income 2021: $1,513,9802021Revenue 2022: $14,664,679Expenses 2022: $14,303,592Net Income 2022: $361,0872022Revenue 2023: $14,366,418Expenses 2023: $17,431,770Net Income 2023: -$3,065,3522023Revenue 2024: $17,245,206Expenses 2024: $17,626,652Net Income 2024: -$381,4462024

Highlighted filing

2016

Revenue$12,937,333
Expenses$11,843,206
Net Income$1,094,127
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 11, 2017
Return Version
2015v3.0
Gross Receipts
$12,941,812
Mission and Program Overview

Mission

Owns and operates a continuing care retirement community and provides nursing care, assisted living and services for the independent elderly

Owns and operates a continuing care retirement community and provides nursing care, assisted living and services for the independent elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,915,447$15,580,077▼ $335,370
Investments Other Securities$3,675,430$4,174,492▲ $499,062
Savings and Temporary Cash Investments$1,243,610$999,845▼ $243,765
Inventories for Sale or Use$152,315$144,237▼ $8,078
Prepaid Expenses and Deferred Charges$42,377$124,815▲ $82,438
Accounts Receivable$82,632$68,749▼ $13,883
Other Notes and Loans Receivable, Net$25,187$22,485▼ $2,702
Cash and Non-Interest-Bearing Accounts$1,150$849▼ $301
Total Assets$21,163,448$21,140,849▼ $22,599
Other Assets Total$25,300$25,300→ $0
Liabilities
Deferred Revenue$9,711,803$8,581,707▼ $1,130,096
Mortgage Notes Payable Secured by Investment Property$2,300,000$2,000,000▼ $300,000
Accounts Payable and Accrued Expenses$768,028$819,557▲ $51,529
Other Liabilities$311,269$326,797▲ $15,528
Total Liabilities$13,091,100$11,728,061▼ $1,363,039
Net Assets / Fund Balance
Unrestricted Net Assets$5,325,485$6,494,695▲ $1,169,210
Temporarily Rstr Net Assets$2,735,863$2,907,093▲ $171,230
Permanently Rstr Net Assets$11,000$11,000→ $0
Total Net Assets Fund Balance$8,072,348$9,412,788▲ $1,340,440
Total Liabilities and Net Assets / Fund Balance$21,163,448$21,140,849▼ $22,599

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,313,754$6,377,867-
Land$518,254--
Equipment$6,748,069$17,139,435-
Other Securities$4,174,492--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Thomas P HauerExecutive DirectorFT$242,586$242,586
Douglas SatterfieldDirector of Food ServicesFT$130,101$130,101

Board Members and Trustees

NameTitle
Robert PearsonPresident
Benjamin MorrowDirector
Braxton CeastDirector
David Smith IiiDirector
Emily SimpsonDirector
Nancy PaschallDirector
Steven YatesDirector
William CurrentDirector
Carol CarstarphenSecretary
Timothy EfirdTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$38,939
Program Service Revenue
$12,474,151
Investment Income
$140,791
Other Revenue
$283,452
All Other Contributions
$38,939
Change in Net Assets
$1,094,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,937,333
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$246,313
Total Revenue per Audited Statements
$13,183,646
Total Revenue per Form 990
$12,937,333
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,110,962
Other Expenses$4,732,244
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,006,343$562,407-$5,568,750
Depreciation Depletion$1,274,790--$1,274,790
Other Employee Benefits$1,042,260$68,804-$1,111,064
All Other Expenses$722,649$73,399-$796,048
Payroll Taxes$398,539$32,609-$431,148
Other Expenses$350,853$18,000-$350,853
Insurance-$198,306-$198,306
Interest-$77,560-$77,560
Fees for Services Accounting-$46,552-$46,552
Fees for Services Other$42,000--$42,000
Office Expenses$18,297$12,397-$30,694
Fees for Service Investment Mgmnt Fees-$13,251-$13,251
Total Functional Expenses$10,730,546$1,112,660$0$11,843,206

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,843,206
Total Expenses per Audited Statements$11,843,206
Total Expenses per Form 990$11,843,206
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
Unit Deposits$166,000
Room Deposits$96,263
Resident Accounts$64,534
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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 form 990 is e-mailed to the finance committee members before it is filed.”

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

“Compensation is reviewed annualy by the board of directors and comparability data is used in the process.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Covenant Village Inc
EIN
56-1210103
Phone
7048672319
Address
1351 ROBINWOOD ROAD, GASTONIA, NC 28056

Signing Officer

Name
Thomas P Hauer
Title
Executive Director
Phone
7048672319
Signed
2017-01-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas P Hauer
Formed
1977
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
10
Employees
286
Volunteers
0

Preparer

Firm
Mccannon Rogers Driscoll & Assoc CPA
Address
227 W THIRD AVE, GASTONIA, NC 28052
Preparer
Randy G Boyd
Phone
7048670264
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2C

“The organization has not changed its process from prior years' processes.”

Financial Statement Notes

PART III, LINE 4:

“A collection of boehm bird figurines was donated to the village and is on display in the hallway of the village in glass exhibition cases for all of the residents to view and enjoy.”

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require the foundation's management to evaluate tax positions taken by the foundation and recognize a tax liability (or asset) if the foundation has taken an uncertain position that more likely than not would be sustained upon examination by the internal revenue service. Management has analyzed the tax positions taken by the foundation, and has concluded that as of september 30, 2016, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2013.”

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IRS990/MissionDesc0OWNS AND OPERATES A CONTINUING CARE RETIREMENT COMMUNITY AND PROVIDES NURSING CARE, ASSISTED LIVING AND SERVICES FOR THE INDEPENDENT ELDERLY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02000000
IRS990/NetAssetsOrFundBalancesBOYAmt08072348
IRS990/NetAssetsOrFundBalancesEOYAmt09412788
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-4479
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-4479
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0246313
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt012397
IRS990/OfficeExpensesGrp/ProgramServicesAmt018297
IRS990/OfficeExpensesGrp/TotalAmt030694
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt025300
IRS990/OtherAssetsTotalGrp/EOYAmt025300
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt068804
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01042260
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01111064
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt09375
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt118000
IRS990/OtherExpensesGrp/ProgramServicesAmt0689090
IRS990/OtherExpensesGrp/ProgramServicesAmt1638223
IRS990/OtherExpensesGrp/ProgramServicesAmt2547502
IRS990/OtherExpensesGrp/ProgramServicesAmt3350853
IRS990/OtherExpensesGrp/TotalAmt0689090
IRS990/OtherExpensesGrp/TotalAmt1647598
IRS990/OtherExpensesGrp/TotalAmt2565502
IRS990/OtherExpensesGrp/TotalAmt3350853
IRS990/OtherLiabilitiesGrp/BOYAmt0311269
IRS990/OtherLiabilitiesGrp/EOYAmt0326797
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0283452
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0283452
IRS990/OtherRevenueTotalAmt0283452
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0562407
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt05006343
IRS990/OtherSalariesAndWagesGrp/TotalAmt05568750
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt025187
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt022485
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt032609
IRS990/PayrollTaxesGrp/ProgramServicesAmt0398539
IRS990/PayrollTaxesGrp/TotalAmt0431148
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt011000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt011000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042377
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0124815
IRS990/PrincipalOfficerNm0THOMAS P HAUER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENTIAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1ENTRANCE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09593854
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12880297
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09593854
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12880297
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt098979
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0141870
IRS990/PYOtherExpensesAmt04551659
IRS990/PYOtherRevenueAmt0280389
IRS990/PYProgramServiceRevenueAmt011093661
IRS990/PYRevenuesLessExpensesAmt0305602
IRS990/PYSalariesCompEmpBnftPaidAmt06757638
IRS990/PYTotalExpensesAmt011309297
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011614899
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt01094127
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012753124
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01243610
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0999845
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038939
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt095121
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0180852
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014222
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0379134
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0145270
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0150235
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0120100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0110014
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt079536
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0605155
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012474151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011093661
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010371790
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09771240
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09358178
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt053069020
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0145270
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0150235
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0120100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0110014
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt079536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0605155
IRS990ScheduleA/InvestmentIncomeCYPct00.01090
IRS990ScheduleA/InvestmentIncomePYPct00.01570
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0283452
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0280389
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0213638
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0269466
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0217200
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01264145
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96620
IRS990ScheduleA/PublicSupportPY509Pct00.96080
IRS990ScheduleA/PublicSupportTotal509Amt053448154
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt012513090
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt011143661
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010466911
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09952092
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09372400
IRS990ScheduleA/Total509Grp/TotalAmt053448154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt012941812
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011574285
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010800649
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt010331572
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09669136
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt055317454
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt08313754
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06377867
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt014691621
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt06748069
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017139435
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt023887504
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011843206
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0518254
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0518254
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0246313
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0166000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt196263
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt264534
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0UNIT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ROOM DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2RESIDENT ACCOUNTS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt04174492
IRS990ScheduleD/OtherSecuritiesGrp/Desc0PUBLICLY-TRADED SECURITIES
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt0246313
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt012937333
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0A COLLECTION OF BOEHM BIRD FIGURINES WAS DONATED TO THE VILLAGE AND IS ON DISPLAY IN THE HALLWAY OF THE VILLAGE IN GLASS EXHIBITION CASES FOR ALL OF THE RESIDENTS TO VIEW AND ENJOY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE FOUNDATION'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2016, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 4:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,140,849
Liabilities
$11,728,061
Net assets
$9,412,788
Revenue
$12,937,333
Expenses
$11,843,206
Net income
$1,094,127
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$32.4$24.3$8.08$17.2$17.6$0.38
2023Detailed filing. Detailed filing data is available for this year.$25.0$17.6$7.40$14.4$17.4$3.07
2022Detailed filing. Detailed filing data is available for this year.$24.8$14.8$10.0$14.7$14.3$0.36
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.6$13.9$9.64$15.5$14.0$1.51
2020Detailed filing. Detailed filing data is available for this year.$23.6$15.4$8.13$13.6$13.4$0.24
2019Detailed filing. Detailed filing data is available for this year.$21.9$14.0$7.90$12.4$12.5$0.14
2018Detailed filing. Detailed filing data is available for this year.$21.0$13.0$8.04$11.7$11.9$0.21
2017Detailed filing. Detailed filing data is available for this year.$21.4$13.3$8.08$11.8$12.1$0.28
2016Detailed filing. Detailed filing data is available for this year.$21.1$11.7$9.41$12.9$11.8$1.09
2015Detailed filing. Detailed filing data is available for this year.$21.2$13.1$8.07$11.6$11.3$0.31
2014Detailed filing. Detailed filing data is available for this year.$20.8$12.8$8.00$10.8$11.2$0.38
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.4$13.2$8.20$10.8
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.2$12.9$8.36$10.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.1$12.6$8.42$10.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$12.4$9.18$9.84