Civic Intelligence

Leadingage North Carolina

990 • Fiscal year 2020 • EIN 56-1541496

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 08, 2021

PO Box 27527Raleigh, NC 27611

(919) 571-8333

Siviq Scores

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

Liabilities / Assets

79th percentile

0.47x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

0.56x

Higher debt load relative to revenue than 86% of similar nonprofits.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2020

Net Margin

16th percentile

-16%

Higher net margin than 16% of similar nonprofits.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

98th percentile

$242,087

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 32.9% of source-year revenue.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Source year 2020

Asset Growth

72nd percentile

59%

Faster asset growth than 72% of similar nonprofits.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

25th percentile

-18%

Faster revenue growth than 25% of similar nonprofits.

2020 filings • NTEE P20 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$879,883

Up $325,867 (+59%) from 2019

Net Assets

Down

$468,301

Down $27,588 (-5.6%) from 2019

Liabilities

Up

$411,582

Up $353,455 (+608%) from 2019

Revenue

Down

$735,009

Down $163,014 (-18%) from 2019

Expenses

Up

$851,356

Up $9,405 (+1.1%) from 2019

Net Income

Down

-$116,347

Down $172,419 (-307%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $349,428Liabilities 2010: $29,073Net Assets 2010: $320,3552010Assets 2011: $381,408Liabilities 2011: $25,285Net Assets 2011: $356,1232011Assets 2012: $460,966Liabilities 2012: $90,104Net Assets 2012: $370,8622012Assets 2013: $430,013Liabilities 2013: $28,993Net Assets 2013: $401,0202013Assets 2014: $507,141Liabilities 2014: $104,503Net Assets 2014: $402,6382014Assets 2015: $505,631Liabilities 2015: $40,158Net Assets 2015: $465,4732015Assets 2016: $600,113Liabilities 2016: $125,304Net Assets 2016: $474,8092016Assets 2017: $1,278,645Liabilities 2017: $94,462Net Assets 2017: $1,184,1832017Assets 2018: $1,413,708Liabilities 2018: $294,567Net Assets 2018: $1,119,1412018Assets 2019: $554,016Liabilities 2019: $58,127Net Assets 2019: $495,8892019Assets 2020: $879,883Liabilities 2020: $411,582Net Assets 2020: $468,3012020Assets 2021: $589,321Liabilities 2021: $135,767Net Assets 2021: $453,5542021Assets 2022: $964,675Liabilities 2022: $473,575Net Assets 2022: $491,1002022Assets 2023: $948,312Liabilities 2023: $412,119Net Assets 2023: $536,1932023Assets 2024: $1,056,151Liabilities 2024: $393,119Net Assets 2024: $663,0322024

Highlighted filing

2020

Assets$879,883
Liabilities$411,582
Net Assets$468,301

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $568,6162010Expenses 2011: $657,4492011Revenue 2012: $496,058Expenses 2012: $481,319Net Income 2012: $14,7392012Revenue 2013: $559,504Expenses 2013: $529,346Net Income 2013: $30,1582013Revenue 2014: $649,627Expenses 2014: $648,009Net Income 2014: $1,6182014Revenue 2015: $749,319Expenses 2015: $686,484Net Income 2015: $62,8352015Revenue 2016: $783,339Expenses 2016: $774,003Net Income 2016: $9,3362016Revenue 2017: $1,091,587Expenses 2017: $1,013,756Net Income 2017: $77,8312017Revenue 2018: $851,927Expenses 2018: $891,603Net Income 2018: -$39,6762018Revenue 2019: $898,023Expenses 2019: $841,951Net Income 2019: $56,0722019Revenue 2020: $735,009Expenses 2020: $851,356Net Income 2020: -$116,3472020Revenue 2021: $972,288Expenses 2021: $984,885Net Income 2021: -$12,5972021Revenue 2022: $1,028,888Expenses 2022: $892,883Net Income 2022: $136,0052022Revenue 2023: $1,060,243Expenses 2023: $1,028,981Net Income 2023: $31,2622023Revenue 2024: $1,168,803Expenses 2024: $1,066,194Net Income 2024: $102,6092024

Highlighted filing

2020

Revenue$735,009
Expenses$851,356
Net Income-$116,347
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 8, 2021
Return Version
2020v4.1
Gross Receipts
$752,046
Mission and Program Overview

Mission

Through advocacy, education, innovation and collaboration, the association provides expanded possibilities for aging, value to its members, and leadership to the field of aging.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$333,658$373,899▲ $40,241
Cash and Non-Interest-Bearing Accounts$137,364$298,609▲ $161,245
Savings and Temporary Cash Investments$45,181$51,185▲ $6,004
Investments Other Securities$26,250$26,250→ $0
Prepaid Expenses and Deferred Charges$6,000$8,503▲ $2,503
Land, Buildings, and Equipment, Net$3,194$1,586▼ $1,608
Total Assets$554,016$879,883▲ $325,867
Other Assets Total$2,369$119,851▲ $117,482
Liabilities
Deferred Revenue-$239,825-
Other Liabilities$0$102,600▲ $102,600
Accounts Payable and Accrued Expenses$58,127$69,157▲ $11,030
Total Liabilities$58,127$411,582▲ $353,455
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$340,639$468,301▲ $127,662
Net Assets With Donor Restrictions$155,250$0▼ $155,250
Total Net Assets Fund Balance$495,889$468,301▼ $27,588
Total Liabilities and Net Assets / Fund Balance$554,016$879,883▲ $325,867

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,586$39,017$40,603
Other Assets Org$117,501--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tom AkinsPresident & CEOFT$205,832$36,255$242,087

Board Members and Trustees

NameTitle
Suzanne Hodge PughBoard Chair
Kevin ParriesChair Elect
Lee SyriaPast Chair
Robert Wernet JrPAST CHAIR (TERM EXP. DEC. '20)
Ben CornthwaiteDirector
Bob ZimmerDirector
Chip CromartieDirector
Pam FoxDirector
Teresa StephensDirector
Ursula RobinsonDirector
Wayne CampbellDirector
Mark KoladaDIRECTOR (TERM EXP. DEC. '20)
Mark SteeleDIRECTOR (TERM EXP. DEC. '20)
Anne MoffatEx-officio
Anita HoltSecretary
Jonathan EricksonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$655,563
Program Service Revenue
$62,286
Investment Income
$16,159
Other Revenue
$1,001
All Other Contributions
$180,014
Change in Net Assets
$-116,347

Audited Revenue Reconciliation

Revenue per Audited Statements
$735,009
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$176,504
Total Revenue per Audited Statements
$911,513
Total Revenue per Form 990
$735,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$461,879
Salaries, Compensation, and Employee Benefits$389,477
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$242,087
Fees for Services Legal---$229,806
Other Salaries and Wages---$121,690
Fees for Services Accounting---$78,431
Office Expenses---$32,107
Conferences and Meetings---$31,376
Occupancy---$30,946
Fees for Services Lobbying---$25,004
Fees for Services Other---$21,291
Payroll Taxes---$20,301
Other Employee Benefits---$5,399
Information Technology---$3,289
Fees for Service Investment Mgmnt Fees---$3,218
Travel---$2,440
Depreciation Depletion---$1,608
Insurance---$1,414
Other Expenses---$19
Total Functional Expenses$0$0$0$851,356

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$893,736
Total Expenses per Form 990$851,356
Expenses per Audited Statements$848,138
Expenses Not Reported on Form 990$45,598
Expenses Not Reported on Financial Statements$3,218
Other Expense Adjustments$3,218
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
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$14,742
Total Nondeductible Lobbying and Political Cost$14,742
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-See Description of TransactionDEANN AKINS IS RELATED TO TOM AKINS, AN OFFICER OF THE ORGANIZATION. DURING THE YEAR, THE ORGANIZATION PAID DEANN AKINS $15,000 IN CONSULTANT FEES FOR FACILITATING THE LEADERSHIP ACADEMY.No$15,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$102,600
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
No
Business relationship with family members
Yes
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has one class of members consisting of all non-profit independent living, retirement, assisted living and nursing facilities in north carolina that apply for and are accepted into membership, and that pay required dues.

Form 990, Part VI, Section A, Line 7A

The organization has members who have authority under the bylaws to elect all board members.

Form 990, Part VI, Section B, Line 11B

A draft of the 990 is reviewed by management and is provided to the board before filing.

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

On an annual basis, the governing body and key staff are asked to disclose possible conflicts. The governing body are required to sign conflict of interest statements. The policy expressly mentions family and business relationships. The board monitors and enforces compliance with the policy.

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

The executive committee serves as the compensation committee. On an annual basis they monitor comparable positions for compensation arrangements, including an annual survey done by the leading age national state executives forum that provides comprehensive compensation information for peers across the nation. This process is done to ensure that executive compensation is in fair market value range for the industry. This process is performed annually.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Leadingage North Carolina
EIN
56-1541496
Phone
9195718333
Address
PO BOX 27527, RALEIGH, NC 27611

Signing Officer

Name
Tom Akins
Title
President & CEO
Phone
9195718333
Signed
2021-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tom Akins
Formed
1981
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
3
Volunteers
55

Preparer

Firm
Baker Tilly US Llp
Address
1570 FRUITVILLE PIKE SUITE 400, LANCASTER, PA 17601
Preparer
Kerri N Bogda CPA
Phone
7177404863
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The association accounts for uncertainty in income taxes using a recognition threshold of more-likely-than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined there were no tax uncertainties that met the recognition threshold in 2020 and 2019.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Related organization revenue 152,105. Investment fees -3,218.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Related organization expenses 45,598.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

INVESTMENT FEES 3,218.

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

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IRS990/Form990PartVIISectionAGrp/PersonNm14ROBERT WERNET JR
IRS990/Form990PartVIISectionAGrp/PersonNm15MARK STEELE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14PAST CHAIR (TERM EXP. DEC. '20)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR (TERM EXP. DEC. '20)
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR (TERM EXP. DEC. '20)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt03963
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt021000
IRS990/GrossReceiptsAmt0752046
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt03289
IRS990/InsuranceGrp/TotalAmt01414
IRS990/InvestmentIncomeGrp/ExclusionAmt012196
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012196
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt026250
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt026250
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0333658
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0373899
IRS990/IRPDocumentCnt011
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt039017
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03194
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01586
IRS990/LandBldgEquipCostOrOtherBssAmt040603
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt017037
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0475549
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THROUGH ADVOCACY, EDUCATION, INNOVATION AND COLLABORATION, THE ASSOCIATION PROVIDES EXPANDED POSSIBILITIES FOR AGING, VALUE TO ITS MEMBERS, AND LEADERSHIP TO THE FIELD OF AGING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0495889
IRS990/NetAssetsOrFundBalancesEOYAmt0468301
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt03963
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt03963
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt027617
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0340639
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0468301
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd00
IRS990/OccupancyGrp/TotalAmt030946
IRS990/OfficeExpensesGrp/TotalAmt032107
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02369
IRS990/OtherAssetsTotalGrp/EOYAmt0119851
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05399
IRS990/OtherExpensesGrp/Desc0DUES AND MEMBERSHIPS
IRS990/OtherExpensesGrp/Desc1UNCOLLECTIBLE EXPENSE
IRS990/OtherExpensesGrp/TotalAmt0930
IRS990/OtherExpensesGrp/TotalAmt119
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0102600
IRS990/OtherSalariesAndWagesGrp/TotalAmt0121690
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt020301
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06000
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08503
IRS990/PrincipalOfficerNm0TOM AKINS
IRS990/PriorPeriodAdjustmentsAmt061142
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0CONFERENCES/SEMINARS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBER DIRECTORY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt056227
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16059
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt056227
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16059
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0646705
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt010353
IRS990/PYOtherExpensesAmt0377847
IRS990/PYOtherRevenueAmt010825
IRS990/PYProgramServiceRevenueAmt0230140
IRS990/PYRevenuesLessExpensesAmt056072
IRS990/PYSalariesCompEmpBnftPaidAmt0464104
IRS990/PYTotalExpensesAmt0841951
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0898023
IRS990/ReconcilationRevenueExpnssAmt0-116347
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt01001
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt01001
IRS990/SavingsAndTempCashInvstGrp/BOYAmt045181
IRS990/SavingsAndTempCashInvstGrp/EOYAmt051185
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
IRS990ScheduleC/AggregateReportedDuesNtcAmt025004
IRS990ScheduleC/AgreeCarryoverPriorYearInd01
IRS990ScheduleC/DuesAssessmentsAmt0475549
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt014742
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt014742
IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleC/TaxableAmt0-10262
IRS990ScheduleD/EquipmentGrp/BookValueAmt01586
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039017
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt040603
IRS990ScheduleD/ExpensesNotReportedAmt045598
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt03218
IRS990ScheduleD/ExpensesSubtotalAmt0848138
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt027617
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02350
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1117501
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATE
IRS990ScheduleD/OtherExpensesIncludedAmt045598
IRS990ScheduleD/OtherExpensesNotIncludedAmt03218
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0102600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherRevenueAmt0148887
IRS990ScheduleD/RevenueNotReportedAmt0176504
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0735009
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2020 AND 2019.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED ORGANIZATION REVENUE 152,105. INVESTMENT FEES -3,218.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RELATED ORGANIZATION EXPENSES 45,598.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3INVESTMENT FEES 3,218.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01586
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0119851
IRS990ScheduleD/TotalExpensesPerForm990Amt0851356
IRS990ScheduleD/TotalLiabilityAmt0102600
IRS990ScheduleD/TotalRevenuePerForm990Amt0735009
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0911513
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0893736
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0205832
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt011990
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt018265
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt06000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0TOM AKINS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0242087
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0DEANN AKINS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0SEE DESCRIPTION OF TRANSACTION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt015000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0DEANN AKINS IS RELATED TO TOM AKINS, AN OFFICER OF THE ORGANIZATION. DURING THE YEAR, THE ORGANIZATION PAID DEANN AKINS $15,000 IN CONSULTANT FEES FOR FACILITATING THE LEADERSHIP ACADEMY.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ONE CLASS OF MEMBERS CONSISTING OF ALL NON-PROFIT INDEPENDENT LIVING, RETIREMENT, ASSISTED LIVING AND NURSING FACILITIES IN NORTH CAROLINA THAT APPLY FOR AND ARE ACCEPTED INTO MEMBERSHIP, AND THAT PAY REQUIRED DUES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO HAVE AUTHORITY UNDER THE BYLAWS TO ELECT ALL BOARD MEMBERS.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.06$0.39$0.66$1.17$1.07$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.95$0.41$0.54$1.06$1.03$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.47$0.49$1.03$0.89$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.14$0.45$0.97$0.98$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.88$0.41$0.47$0.74$0.85$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.06$0.50$0.90$0.84$0.06
2018Detailed filing. Detailed filing data is available for this year.$1.41$0.29$1.12$0.85$0.89$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.09$1.18$1.09$1.01$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.60$0.13$0.47$0.78$0.77$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.51$0.04$0.47$0.75$0.69$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.51$0.10$0.40$0.65$0.65$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.03$0.40$0.56$0.53$0.03
2012Summary only. Only limited summary data is available for this year.$0.46$0.09$0.37$0.50$0.48$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.03$0.36$0.66
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.03$0.32$0.57