Civic Intelligence

Springmoor Inc

EIN 56-1368256 • 501(c)3 • Raleigh, NC

Profile

Springmoor is a nationally accredited full service life care retirement community designed to emphasize independent living, dignity, security, and peace of mind. It offers a wide range of residences, services, amenities and comprehensive health care. Springmoor is designed to provide active, independent retirement living while providing for existing and future health and personal care needs. Springmoor's health care program gives each resident a strong sense of security, life with dignity, lifetime care, personal safety and financial security, as well as interaction and companionship with many fine neighbors who have common interests.

1500 Sawmill RoadRaleigh, NC 27615

www.springmoor.org

Siviq Scores

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

Liabilities / Assets

96th percentile

1.23x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

3.05x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

31st percentile

-0.5%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $100M-$250M nonprofits • Source year 2022

Asset Growth

25th percentile

0.0%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

46th percentile

5.6%

Faster revenue growth than 46% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets96th percentile

Assets

Up

$111,805,869

Up $9,993 (+0.0%) from 2023

Liabilities

Up

$137,055,911

Up $244,511 (+0.2%) from 2023

Net Assets

Down

-$25,250,042

Down $234,518 (-0.9%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin31st percentile

Revenue

Up

$44,919,208

Up $2,379,955 (+5.6%) from 2023

Expenses

Up

$45,153,726

Up $433,805 (+1.0%) from 2023

Net Income

Up

-$234,518

Up $1,946,150 (+89%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$150M$100M$50M$0-$50MAssets 2011: $54,962,343Liabilities 2011: $36,694,927Net Assets 2011: $18,267,4162011Assets 2012: $55,460,292Liabilities 2012: $36,813,415Net Assets 2012: $18,646,8772012Assets 2013: $57,732,602Liabilities 2013: $38,783,724Net Assets 2013: $18,948,8782013Assets 2014: $57,871,632Liabilities 2014: $68,280,887Net Assets 2014: -$10,409,2552014Assets 2015: $59,203,023Liabilities 2015: $70,749,333Net Assets 2015: -$11,546,3102015Assets 2016: $57,683,959Liabilities 2016: $73,457,646Net Assets 2016: -$15,773,6872016Assets 2017: $58,716,030Liabilities 2017: $75,339,431Net Assets 2017: -$16,623,4012017Assets 2018: $58,013,105Liabilities 2018: $76,468,604Net Assets 2018: -$18,455,4992018Assets 2019: $58,513,591Liabilities 2019: $77,096,553Net Assets 2019: -$18,582,9622019Assets 2020: $58,547,954Liabilities 2020: $75,692,383Net Assets 2020: -$17,144,4292020Assets 2021: $57,744,266Liabilities 2021: $76,959,914Net Assets 2021: -$19,215,6482021Assets 2022: $114,513,623Liabilities 2022: $139,348,890Net Assets 2022: -$24,835,2672022Assets 2023: $111,795,876Liabilities 2023: $136,811,400Net Assets 2023: -$25,015,5242023Assets 2024: $111,805,869Liabilities 2024: $137,055,911Net Assets 2024: -$25,250,0422024

Highlighted filing

2024

Assets$111,805,869
Liabilities$137,055,911
Net Assets-$25,250,042
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

$60M$40M$20M$0-$20MRevenue 2011: $35,055,613Expenses 2011: $31,694,641Net Income 2011: $3,360,9722011Revenue 2012: $33,140,587Expenses 2012: $32,761,126Net Income 2012: $379,4612012Revenue 2013: $34,563,917Expenses 2013: $34,261,916Net Income 2013: $302,0012013Revenue 2014: $34,541,453Expenses 2014: $36,232,591Net Income 2014: -$1,691,1382014Revenue 2015: $35,978,308Expenses 2015: $37,115,363Net Income 2015: -$1,137,0552015Revenue 2016: $33,625,691Expenses 2016: $37,853,068Net Income 2016: -$4,227,3772016Revenue 2017: $36,082,815Expenses 2017: $36,932,529Net Income 2017: -$849,7142017Revenue 2018: $38,503,859Expenses 2018: $37,404,507Net Income 2018: $1,099,3522018Revenue 2019: $38,535,108Expenses 2019: $38,662,571Net Income 2019: -$127,4632019Revenue 2020: $38,045,737Expenses 2020: $36,607,204Net Income 2020: $1,438,5332020Revenue 2021: $37,768,204Expenses 2021: $39,842,573Net Income 2021: -$2,074,3692021Revenue 2022: $40,800,832Expenses 2022: $40,703,048Net Income 2022: $97,7842022Revenue 2023: $42,539,253Expenses 2023: $44,719,921Net Income 2023: -$2,180,6682023Revenue 2024: $44,919,208Expenses 2024: $45,153,726Net Income 2024: -$234,5182024

Highlighted filing

2024

Revenue$44,919,208
Expenses$45,153,726
Net Income-$234,518
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$111,805,869
Liabilities
$137,055,911
Net assets
-$25,250,042
Revenue
$44,919,208
Expenses
$45,153,726
Net income
-$234,518
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$137$25.3$44.9$45.2$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$112$137$25.0$42.5$44.7$2.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$115$139$24.8$40.8$40.7$0.10
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.7$77.0$19.2$37.8$39.8$2.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.5$75.7$17.1$38.0$36.6$1.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.5$77.1$18.6$38.5$38.7$0.13
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.0$76.5$18.5$38.5$37.4$1.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$58.7$75.3$16.6$36.1$36.9$0.85
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.7$73.5$15.8$33.6$37.9$4.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.2$70.7$11.5$36.0$37.1$1.14
2014Detailed filing. Detailed filing data is available for this year.$57.9$68.3$10.4$34.5$36.2$1.69
2013Summary only. Only limited summary data is available for this year.$57.7$38.8$18.9$34.6$34.3$0.30
2012Summary only. Only limited summary data is available for this year.$55.5$36.8$18.6$33.1$32.8$0.38
2011Summary only. Only limited summary data is available for this year.$55.0$36.7$18.3$35.1$31.7$3.36
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$40,800,832
Mission and Program Overview

Mission

Springmoor is a nationally accredited full service life care retirement community designed to emphasize independent living, dignity, security, and peace of mind. It offers a wide range of residences, services, amenities and comprehensive health care. Springmoor is designed to provide active, independent retirement living while providing for existing and future health and personal care needs. Springmoor's health care program gives each resident a strong sense of security, life with dignity, lifetime care, personal safety and financial security, as well as interaction and companionship with many fine neighbors who have common interests.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$35,320,296$35,320,296→ $0
Land, Buildings, and Equipment, Net$15,267,354$17,771,558▲ $2,504,204
Savings and Temporary Cash Investments$6,518,881$8,286,180▲ $1,767,299
Accounts Receivable$434,916$371,305▼ $63,611
Prepaid Expenses and Deferred Charges$194,919$186,747▼ $8,172
Inventories for Sale or Use$5,936$5,930▼ $6
Total Assets$57,744,266$114,513,623▲ $56,769,357
Other Assets Total$1,964$52,571,607▲ $52,569,643
Liabilities
Other Liabilities$45,756,284$108,367,041▲ $62,610,757
Deferred Revenue$30,029,809$29,469,254▼ $560,555
Accounts Payable and Accrued Expenses$1,173,821$1,512,595▲ $338,774
Total Liabilities$76,959,914$139,348,890▲ $62,388,976
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2$3,041▲ $3,039
Net Assets Without Donor Restrictions$-19,215,650$-24,838,308▼ $5,622,658
Total Net Assets Fund Balance$-19,215,648$-24,835,267▼ $5,619,619
Total Liabilities and Net Assets / Fund Balance$57,744,266$114,513,623▲ $56,769,357

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$17,086,934$8,283,208$25,370,142
Equipment$684,624$5,982,967$6,667,591
Other Assets Org$15,315--
Compensation and Service Providers
Top Officer Pay4th percentile

Board Members and Trustees

NameTitle
Charles B BallardPresident
Albert CallowayDirector
Judy HillDirector
Nina ColeDirector
William BaxleyDirector
Edith SimpsonSec/treas
Ernest CarrawayVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Ammons Springmoor Associates INCManagement2304 WESVILL COURT SUITE 100, Raleigh, NC 27607$750,000
Revenue and Support

Revenue Composition

Contributions and Grants
$62,186
Program Service Revenue
$37,200,138
Investment Income
$3,538,508
Other Revenue
$0
All Other Contributions
$62,186
Change in Net Assets
$97,784

Audited Revenue Reconciliation

Revenue per Audited Statements
$40,800,832
Total Revenue per Audited Statements
$40,800,832
Total Revenue per Form 990
$40,800,832
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$40,401,670
Grants and Similar Amounts Paid$301,378
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$11,144,556--$11,144,556
All Other Expenses$2,605,374$368,505-$2,973,879
Other Expenses$1,219,487$12,368-$1,219,487
Fees for Services Management-$750,000-$750,000
Depreciation Depletion$734,796--$734,796
Grants to Domestic Individuals$301,378--$301,378
Insurance$299,771--$299,771
Office Expenses$43,063$199,733-$242,796
Advertising-$241,775-$241,775
Fees for Services Accounting-$147,443-$147,443
Travel$18,607$9,202-$27,809
Interest$22,698--$22,698
Fees for Services Other-$12,575-$12,575
Fees for Services Legal-$12,538-$12,538
Total Functional Expenses$37,508,134$3,194,914$0$40,703,048

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$40,703,048
Total Expenses per Audited Statements$40,703,048
Total Expenses per Form 990$40,703,048
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
See Explanation Below--No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liablility-right of Use Assets$58,211,851
Refundable Advance Fees$34,544,381
Deferred Lease Expense Payable$8,550,625
Waiting List Deposits$4,389,468
Notes Payable$2,670,716
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The board of directors is fully responsible for all aspects of providing services and amenities contracted with the residents and they contract with a management company to provide the day to day services associated with staffing, licensing and overseeing operations while maintaining control per the management agreement.”

Form 990, Page 6, Part VI, Line 11B

“This form 990 is reviewed by the organization's accounting staff and executive director prior to filing and is provided to the board prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“Each member of the board signs a conflict of interest statement annually and it is kept on file. Management relies on the board to remedy any conflict of interest.”

Form 990, Page 6, Part VI, Line 15A

“The board negotiates the contract with the management company.”

Form 990, Page 6, Part VI, Line 15B

“The compensation of other key employees is determined by independent parties using comparable data.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are made available to public upon request.”

Filing and Contact Details

Filer

Filer Name
Springmoor Inc
EIN
56-1368256
Phone
9198487000
Address
1500 SAWMILL ROAD, RALEIGH, NC 27615

Signing Officer

Name
Charles B Ballard
Title
President
Phone
9198487000
Signed
2023-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles B Ballard
Formed
1983
Legal Domicile
Nc
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
James a Lucas and Company Llp
Address
4909 WESTERN BLVD STE 200, RALEIGH, NC 27606
Preparer
Joellen H Wilkes
Phone
9198514696
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Springmoor is a nationally accredited full service life care retirement community designed to emphasize independent living, dignity, security, and peace of mind. It offers a wide range of residences, services, amenities and comprehensive health care. Springmoor is designed to provide active, independent retirement living while providing for existing and future health and personal care needs. Springmoor's health care program gives each resident a strong sense of security, life with dignity, lifetime care, personal safety and financial security, as well as interaction and companionship with many fine neighbors who have common interests.”

Form 990, Part XI, Line 9

“Prior period adjustment for adoption of gaap lease accounting standard right of use asset and liabilities cumulative effect through 12/31/21.”

Raw XML AppendixShowing 400 of 466 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01173821
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01512595
IRS990/AccountsReceivableGrp/BOYAmt0434916
IRS990/AccountsReceivableGrp/EOYAmt0371305
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SPRINGMOOR IS A NATIONALLY ACCREDITED FULL SERVICE LIFE CARE RETIREMENT COMMUNITY DESIGNED TO EMPHASIZE INDEPENDENT LIVING, DIGNITY, SECURITY, AND PEACE OF MIND. IT OFFERS A WIDE RANGE OF RESIDENCES, SERVICES, AMENITIES AND COMPREHENSIVE HEALTH CARE. SPRINGMOOR IS DESIGNED TO PROVIDE ACTIVE, INDEPENDENT RETIREMENT LIVING WHILE PROVIDING FOR EXISTING AND FUTURE HEALTH AND PERSONAL CARE NEEDS. SPRINGMOOR'S HEALTH CARE PROGRAM GIVES EACH RESIDENT A STRONG SENSE OF SECURITY, LIFE WITH DIGNITY, LIFETIME CARE, PERSONAL SAFETY AND FINANCIAL SECURITY, AS WELL AS INTERACTION AND COMPANIONSHIP WITH MANY FINE NEIGHBORS WHO HAVE COMMON INTERESTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0241775
IRS990/AdvertisingGrp/TotalAmt0241775
IRS990/AllOtherContributionsAmt062186
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0368505
IRS990/AllOtherExpensesGrp/ProgramServicesAmt02605374
IRS990/AllOtherExpensesGrp/TotalAmt02973879
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0BRANDON HAIR
IRS990/BooksInCareOfDetail/PhoneNum09198487000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01500 SAWMILL ROAD
IRS990/BooksInCareOfDetail/USAddress/CityNm0RALEIGH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd027615
IRS990/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0true
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0750000
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02304 WESVILL COURT SUITE 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0RALEIGH
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd027607
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0AMMONS SPRINGMOOR ASSOCIATES INC
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt062186
IRS990/CYGrantsAndSimilarPaidAmt0301378
IRS990/CYInvestmentIncomeAmt03538508
IRS990/CYOtherExpensesAmt040401670
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt037200138
IRS990/CYRevenuesLessExpensesAmt097784
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt040703048
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt040800832
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt030029809
IRS990/DeferredRevenueGrp/EOYAmt029469254
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0734796
IRS990/DepreciationDepletionGrp/TotalAmt0734796
IRS990/Desc0TO PROVIDE CARE TO A RETIREMENT COMMUNITY BY PROVIDING HIGH QUALITY, RESPONSIVE, FINANCIALLY SOUND LIFE CARE TO ITS RESIDENTS WITH CONVENIENCE TO HEALTH CARE, FOOD SERVICES, ACTIVITIES, ENTERTAINMENT AND OPPORTUNITIES FOR SOCIAL ENRICHMENT IN A LIFE CARE RETIREMENT SETTING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt02
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt03041
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt037508134
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0147443
IRS990/FeesForServicesAccountingGrp/TotalAmt0147443
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt012538
IRS990/FeesForServicesLegalGrp/TotalAmt012538
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0750000
IRS990/FeesForServicesManagementGrp/TotalAmt0750000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt012575
IRS990/FeesForServicesOtherGrp/TotalAmt012575
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CHARLES B BALLARD
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM BAXLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2ALBERT CALLOWAY
IRS990/Form990PartVIISectionAGrp/PersonNm3ERNEST CARRAWAY
IRS990/Form990PartVIISectionAGrp/PersonNm4NINA COLE
IRS990/Form990PartVIISectionAGrp/PersonNm5JUDY HILL
IRS990/Form990PartVIISectionAGrp/PersonNm6EDITH SIMPSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SEC/TREAS
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt0301378
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0301378
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0301378
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IRS990/MissionDesc0SPRINGMOOR IS A NATIONALLY ACCREDITED FULL SERVICE LIFE CARE RETIREMENT COMMUNITY DESIGNED TO EMPHASIZE INDEPENDENT LIVING, DIGNITY, SECURITY, AND PEACE OF MIND. IT OFFERS A WIDE RANGE OF RESIDENCES, SERVICES, AMENITIES AND COMPREHENSIVE HEALTH CARE. SPRINGMOOR IS DESIGNED TO PROVIDE ACTIVE, INDEPENDENT RETIREMENT LIVING WHILE PROVIDING FOR EXISTING AND FUTURE HEALTH AND PERSONAL CARE NEEDS. SPRINGMOOR'S HEALTH CARE PROGRAM GIVES EACH RESIDENT A STRONG SENSE OF SECURITY, LIFE WITH DIGNITY, LIFETIME CARE, PERSONAL SAFETY AND FINANCIAL SECURITY, AS WELL AS INTERACTION AND COMPANIONSHIP WITH MANY FINE NEIGHBORS WHO HAVE COMMON INTERESTS.
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IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND SUPPLIES
IRS990/OtherExpensesGrp/Desc3BUILDING MAINTENANCE
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IRS990/OtherExpensesGrp/ProgramServicesAmt12115932
IRS990/OtherExpensesGrp/ProgramServicesAmt21597844
IRS990/OtherExpensesGrp/ProgramServicesAmt31219487
IRS990/OtherExpensesGrp/TotalAmt018845403
IRS990/OtherExpensesGrp/TotalAmt12115932
IRS990/OtherExpensesGrp/TotalAmt21610212
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IRS990/PrincipalOfficerNm0CHARLES B BALLARD
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IRS990/ProgramServiceRevenueGrp/Desc0FEES FROM RESIDENTS
IRS990/ProgramServiceRevenueGrp/Desc1HOMECARE AND WELLNESS INCOME
IRS990/ProgramServiceRevenueGrp/Desc2REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/Desc3HAIRSTYLE SHOP INCOME
IRS990/ProgramServiceRevenueGrp/Desc4FOOD SERVICE INCOME
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1910229
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt069481
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt017484284
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt037200138
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034552275
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt032705900
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032701302
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03474114
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IRS990ScheduleA/InvestmentIncomePYPct00.10000
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IRS990ScheduleA/PublicSupportPY509Pct00.90260
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt059925
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IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt062135
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt060535
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt058392
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0306030
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt037262324
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt034290902
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt034553325
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032707000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt032704822
IRS990ScheduleA/Total509Grp/TotalAmt0171518373
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt040800832
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt037768204
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt038045737
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt036208948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt036178936
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0189002657
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt017086934
IRS990ScheduleD/BuildingsGrp/DepreciationAmt08283208
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt025370142
IRS990ScheduleD/EquipmentGrp/BookValueAmt0684624
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05982967
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06667591
IRS990ScheduleD/ExpensesSubtotalAmt040703048
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt052470999
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt185293
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt215315
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0RIGHT OF USE ASSETS NET OF AMORT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1UMIC SUBSCRIBERS SAVINGS ACCT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT-UNITY SENIOR CARE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt058211851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt134544381
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt28550625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt34389468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt42670716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABLILITY-RIGHT OF USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1REFUNDABLE ADVANCE FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED LEASE EXPENSE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3WAITING LIST DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt040800832
IRS990ScheduleD/TotalBookValueLandBuildingsAmt017771558
IRS990ScheduleD/TotalBookValueOtherAssetsAmt052571607
IRS990ScheduleD/TotalExpensesPerForm990Amt040703048
IRS990ScheduleD/TotalLiabilityAmt0108367041
IRS990ScheduleD/TotalRevenuePerForm990Amt040800832
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt040800832
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt040703048
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0301378
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SUBSIDIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0RESIDENTS REQUESTING ASSISTANCE APPLY AND A COMMITTEE ANALYZES THEIR REQUEST ALONG WITH THEIR FINANCIAL INFORMATION AND DETERMINES ELIGIBILITY. THE COMMITTEE BRINGS THE ELIGIBLE REQUESTS TO THE BOARD FOR APPROVAL.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0SEE EXPLANATION BELOW
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0SPRINGMOOR, INC. LEASES IT'S FACILITIES FROM AMMONS-SPRINGMOOR ASSOC, LLC (ASA) AND AMMONS, INC. IN 2022 SPRINGMOOR, INC. PAID ASA RENT OF 10,641,128 AND AMMONS, INC RENT OF 2,033,887. AMMONS SPRINGMOOR ASSOCIATES, INC (ASAI)IS A CLOSELY HELD CORPORATION WHOSE MAJORITY SHAREHOLDER IS DAVID AMMONS. ASAI PROVIDES MANAGEMENT SERVICES FOR SPRINGMOOR, INC. IN 2022, SPRINGMOOR, INC. PAID ASAI 750,000 IN MANAGEMENT FEES. SPRINGMOOR, INC. HAS LOANED MONEY TO ASA AND AMMONS INC. AS OF DECEMBER 31, 2022, ASA OWED SPRINGMOOR, INC. 27,243,119 AND AMMONS INC. OWED SPRINGMOOR, INC. 8,077,177. THE LEASING AND BORROWING TRANSACTIONS BETWEEN AMMONS, INC. AND AMMONS- SPRINGMOOR ASSOC, LLC WERE REVIEWED BY THE INTERNAL REVENUE SERVICE NATIONAL OFFICE IN 1991 AND THE NATIONAL OFFICE RULED THESE TRANSACTIONS DID NOT THREATEN SPRINGMOOR, INC.'S TAX EXEMPT STATUS IN ANY WAY. SUBSEQUENTLY, THE TRANSACTIONS WERE REVIEWED IN THE AUDIT OF THE 2012 FORM 990 AND THE AUDITOR AGREED WITH THE PREVIOUS FINDINGS FROM 1991.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SPRINGMOOR IS A NATIONALLY ACCREDITED FULL SERVICE LIFE CARE RETIREMENT COMMUNITY DESIGNED TO EMPHASIZE INDEPENDENT LIVING, DIGNITY, SECURITY, AND PEACE OF MIND. IT OFFERS A WIDE RANGE OF RESIDENCES, SERVICES, AMENITIES AND COMPREHENSIVE HEALTH CARE. SPRINGMOOR IS DESIGNED TO PROVIDE ACTIVE, INDEPENDENT RETIREMENT LIVING WHILE PROVIDING FOR EXISTING AND FUTURE HEALTH AND PERSONAL CARE NEEDS. SPRINGMOOR'S HEALTH CARE PROGRAM GIVES EACH RESIDENT A STRONG SENSE OF SECURITY, LIFE WITH DIGNITY, LIFETIME CARE, PERSONAL SAFETY AND FINANCIAL SECURITY, AS WELL AS INTERACTION AND COMPANIONSHIP WITH MANY FINE NEIGHBORS WHO HAVE COMMON INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS FULLY RESPONSIBLE FOR ALL ASPECTS OF PROVIDING SERVICES AND AMENITIES CONTRACTED WITH THE RESIDENTS AND THEY CONTRACT WITH A MANAGEMENT COMPANY TO PROVIDE THE DAY TO DAY SERVICES ASSOCIATED WITH STAFFING, LICENSING AND OVERSEEING OPERATIONS WHILE MAINTAINING CONTROL PER THE MANAGEMENT AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THIS FORM 990 IS REVIEWED BY THE ORGANIZATION'S ACCOUNTING STAFF AND EXECUTIVE DIRECTOR PRIOR TO FILING AND IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EACH MEMBER OF THE BOARD SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY AND IT IS KEPT ON FILE. MANAGEMENT RELIES ON THE BOARD TO REMEDY ANY CONFLICT OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD NEGOTIATES THE CONTRACT WITH THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY INDEPENDENT PARTIES USING COMPARABLE DATA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE MADE AVAILABLE TO PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR PERIOD ADJUSTMENT FOR ADOPTION OF GAAP LEASE ACCOUNTING STANDARD RIGHT OF USE ASSET AND LIABILITIES CUMULATIVE EFFECT THROUGH 12/31/21.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XI, LINE 9
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IRS990/TotalAssetsGrp/EOYAmt0114513623
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt062186
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