Civic Intelligence

Fpcrc Inc D/B/A Laurel Crest Retirement Cntr

990 • Fiscal year 2018 • EIN 57-0847894

May 01, 2017 to Apr 30, 2018 • Filed on Nov 05, 2018

Organization ProfileWWW.Laurel-crest.com
1324 Marion StreetColumbia, SC 29201

(803) 782-7172

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$17,292,622

Flat from 2018

Net Assets

Flat

$17,267,845

Flat from 2018

Liabilities

Flat

$24,777

Flat from 2018

Revenue And Expenses

Revenue

Flat

$18,818,374

Flat from 2018

Expenses

Flat

$5,126,508

Flat from 2018

Net Income

Flat

$13,691,866

Flat from 2018

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $14,092,499Liabilities 2011: $11,396,329Net Assets 2011: $2,696,1702011Assets 2012: $13,654,963Liabilities 2012: $11,101,083Net Assets 2012: $2,553,8802012Assets 2013: $13,142,902Liabilities 2013: $10,948,878Net Assets 2013: $2,194,0242013Assets 2014: $13,232,127Liabilities 2014: $10,982,692Net Assets 2014: $2,249,4352014Assets 2015: $13,283,944Liabilities 2015: $10,542,797Net Assets 2015: $2,741,1472015Assets 2016: $13,606,780Liabilities 2016: $10,455,714Net Assets 2016: $3,151,0662016Assets 2017: $14,412,773Liabilities 2017: $10,422,547Net Assets 2017: $3,990,2262017Assets 2018: $17,292,622Liabilities 2018: $24,777Net Assets 2018: $17,267,8452018Assets 2018: $17,292,622Liabilities 2018: $24,777Net Assets 2018: $17,267,8452018Assets 2019: $17,839,268Liabilities 2019: $0Net Assets 2019: $17,839,2682019Assets 2020: $16,487,603Liabilities 2020: $0Net Assets 2020: $16,487,6032020Assets 2021: $21,548,511Liabilities 2021: $0Net Assets 2021: $21,548,5112021Assets 2022: $22,322,512Liabilities 2022: $0Net Assets 2022: $22,322,5122022Assets 2023: $21,499,810Liabilities 2023: $0Net Assets 2023: $21,499,8102023Assets 2024: $23,844,857Liabilities 2024: $0Net Assets 2024: $23,844,8572024Assets 2025: $25,163,020Liabilities 2025: $0Net Assets 2025: $25,163,0202025

Highlighted filing

2018

Assets$17,292,622
Liabilities$24,777
Net Assets$17,267,845
Open 2018 Filing

Operations Trend

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

$20M$15M$10M$5.0M$0-$5.0MExpenses 2011: $5,262,4642011Expenses 2012: $5,417,8912012Expenses 2013: $5,338,5122013Revenue 2014: $5,669,413Expenses 2014: $5,578,273Net Income 2014: $91,1402014Revenue 2015: $6,029,083Expenses 2015: $5,540,797Net Income 2015: $488,2862015Revenue 2016: $6,180,380Expenses 2016: $5,768,637Net Income 2016: $411,7432016Revenue 2017: $6,624,091Expenses 2017: $5,820,777Net Income 2017: $803,3142017Revenue 2018: $18,818,374Expenses 2018: $5,126,508Net Income 2018: $13,691,8662018Revenue 2018: $18,818,374Expenses 2018: $5,126,508Net Income 2018: $13,691,8662018Revenue 2019: $454,587Expenses 2019: $560,144Net Income 2019: -$105,5572019Revenue 2020: $593,265Expenses 2020: $488,105Net Income 2020: $105,1602020Revenue 2021: -$194,969Expenses 2021: $103,528Net Income 2021: -$298,4972021Revenue 2022: $328,952Expenses 2022: $1,503,854Net Income 2022: -$1,174,9022022Revenue 2023: $1,901,954Expenses 2023: $1,000,493Net Income 2023: $901,4612023Revenue 2024: $815,060Expenses 2024: $1,035,600Net Income 2024: -$220,5402024Revenue 2025: $1,680,396Expenses 2025: $1,046,657Net Income 2025: $633,7392025

Highlighted filing

2018

Revenue$18,818,374
Expenses$5,126,508
Net Income$13,691,866
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2017 to Apr 30, 2018
Signed
Nov 5, 2018
Return Version
2017v2.2
Gross Receipts
$38,386,105
Mission and Program Overview

Mission

To operate a continuing care retirement facility consisting of independent living units, assisted living center and a health center.

Laurel Crest was established as a continuing care retirement center for the First Presbyterian Church of Columbia, SC which includes housing and medical care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,695,982$14,315,834▲ $11,619,852
Land, Buildings, and Equipment, Net$7,991,494--
Cash and Non-Interest-Bearing Accounts$2,108$2,504,650▲ $2,502,542
Savings and Temporary Cash Investments$3,639,946$461,663▼ $3,178,283
Prepaid Expenses and Deferred Charges$65,602--
Accounts Receivable$13,671$10,475▼ $3,196
Total Assets$14,412,773$17,292,622▲ $2,879,849
Other Assets Total$3,970--
Liabilities
Other Liabilities$6,906,160--
Mortgage Notes Payable Secured by Investment Property$3,195,258--
Accounts Payable and Accrued Expenses$321,129$24,777▼ $296,352
Total Liabilities$10,422,547$24,777▼ $10,397,770
Net Assets / Fund Balance
Unrestricted Net Assets$3,990,226$17,267,845▲ $13,277,619
Total Net Assets Fund Balance$3,990,226$17,267,845▲ $13,277,619
Total Liabilities and Net Assets / Fund Balance$14,412,773$17,292,622▲ $2,879,849
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James DeelExecutive directorFT$127,813$17,894$145,707

Board Members and Trustees

NameTitle
James A HerlongChairman
Emily MetzgerVice chairman
B Lee FloydDirector
Barbara DillerDirector
Claude Walker JrDirector
David G HodgesDirector
Derek W ThomasDirector
John F WindleyDirector
Lanneau W Lambert JrDirector
Miriam O HairDirector
Robert M TempleDirector
William H Neely JrDirector
Wilson W FarrellDirector
Langley ShealySecretary
Theodore H Reading IITreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Life Care Services LLCManagement400 Locust Street Ste 820, Des Moines, IA 50309$378,112
Revenue and Support

Revenue Composition

Contributions and Grants
$12,500
Program Service Revenue
$4,415,055
Investment Income
$14,355,506
Other Revenue
$35,313
Change in Net Assets
$13,691,866
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,447,682
Salaries, Compensation, and Employee Benefits$1,878,826
Grants and Similar Amounts Paid$800,000
Total Fundraising Expense$22,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,434,813$75,516-$1,510,329
Grants to Domestic Orgs$800,000--$800,000
Occupancy$562,382$2,197-$564,579
Depreciation Depletion$479,549--$479,549
Fees for Services Management$271,820$30,202-$302,022
Other Employee Benefits$242,102$1,356-$243,458
Fees for Services Legal-$172,237-$172,237
Payroll Taxes$118,787$6,252-$125,039
Advertising$117,935--$117,935
Insurance$83,786$15,013-$98,799
Interest-$67,673-$67,673
Office Expenses$62,122$1,268-$63,390
Fees for Services Other$37,737-$22,500$60,237
Fees for Services Accounting-$45,695-$45,695
Fees for Service Investment Mgmnt Fees-$19,271-$19,271
All Other Expenses$9,507$4,020-$13,527
Information Technology$11,799$621-$12,420
Other Expenses$10,104$1,123-$11,227
Travel$3,748--$3,748
Total Functional Expenses$4,636,129$467,879$22,500$5,126,508
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
First Presbyterian ChurchColumbia, SCchurchgeneral assistance$800,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Management duties delegation Part VI line 3

“The Organization has a management and marketing services agreement with Life Care Services, LLC, an independent company, to manage and operate the retirement community.”

Form 990 governing body review Part VI line 11

“Form 990 is distributed to all board members before filing”

Conflict of interest policy compliance Part VI line 12C

“The board of directors reviews the conflict of interest statement on an annual basis. In the event of a conflict of interest, the person with the conflict would not be involved with any votes that are related to the conflict”

CEO executive director top management comp Part VI line 15A

“The exexutive director is employed by Life Care Services, LLC. (See part VI, Sect A, Line 3).Life Care Services assists FPCRC, Inc with determining an appropriate salary based on industry information, the size of the facility, and amounts paid by other communities managed by them.”

Form 990 availability to public Part VI line 18

“Form 990 is available to the public upon request”

Governing documents etc available to public Part VI line 19

“The Organization makes it governing documents, conflict of interest policy, and financial statements available upon request.”

Filing and Contact Details

Filer

Filer Name
FPCRC Inc
EIN
57-0847894
Address
1324 Marion Street, Columbia, SC 29201
Doing Business As
Laurel Crest Retirement Center

Signing Officer

Name
James R Herlong
Title
Chairman
Phone
8037827172
Signed
2018-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James A Herlong
Formed
1987
Legal Domicile
Sc
Voting Board Members
15
Independent Board Members
15
Employees
142
Volunteers
15

Preparer

Firm
Theodore H Reading II CPA PA
Address
38 Huntwick Court, Columbia, SC 29206
Preparer
Theodore H Reading II
Phone
8037827172
Supplemental Narrative

Additional Explanations

Cessation of or significant change to any program service Part III line 3

“On January 5, 2018, FPCRC, Inc. sold Laurel Crest Retirement Center to Laurel Crest Retirment Community, part of Presbyterian Communities of South Carolina. The total sales price was $22,651,140 including assumed liabilities of $6,401,140. The sale was negotiated by the boards of directors of the two independent organizations.”

Raw XML AppendixShowing 400 of 576 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/BOYAmt0321129
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024777
IRS990/AccountsReceivableGrp/BOYAmt013671
IRS990/AccountsReceivableGrp/EOYAmt010475
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Laurel Crest was established as a continuing care retirement center for the First Presbyterian Church of Columbia, SC which includes housing and medical care.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt0117935
IRS990/AdvertisingGrp/TotalAmt0117935
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt04020
IRS990/AllOtherExpensesGrp/ProgramServicesAmt09507
IRS990/AllOtherExpensesGrp/TotalAmt013527
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Theodore H Reading II CPA
IRS990/BooksInCareOfDetail/PhoneNum08037827172
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt038 Huntwick Ct
IRS990/BooksInCareOfDetail/USAddress/CityNm0Columbia
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029206
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt02108
IRS990/CashNonInterestBearingGrp/EOYAmt02504650
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0378112
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0400 Locust Street Ste 820
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Des Moines
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0IA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd050309
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Life Care Services LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Management
IRS990/ContractTerminationInd0X
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt012500
IRS990/CYGrantsAndSimilarPaidAmt0800000
IRS990/CYInvestmentIncomeAmt014355506
IRS990/CYOtherExpensesAmt02447682
IRS990/CYOtherRevenueAmt035313
IRS990/CYProgramServiceRevenueAmt04415055
IRS990/CYRevenuesLessExpensesAmt013691866
IRS990/CYSalariesCompEmpBnftPaidAmt01878826
IRS990/CYTotalExpensesAmt05126508
IRS990/CYTotalFundraisingExpenseAmt022500
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt018818374
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0479549
IRS990/DepreciationDepletionGrp/TotalAmt0479549
IRS990/Desc0Provided continuing care for 84 independent living residents, 21 assisted living residents, and 10 health center residents.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DoingBusinessAsName/BusinessNameLine1Txt0Laurel Crest Retirement Center
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0142
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt04636129
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt045695
IRS990/FeesForServicesAccountingGrp/TotalAmt045695
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0172237
IRS990/FeesForServicesLegalGrp/TotalAmt0172237
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt030202
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0271820
IRS990/FeesForServicesManagementGrp/TotalAmt0302022
IRS990/FeesForServicesOtherGrp/FundraisingAmt022500
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt037737
IRS990/FeesForServicesOtherGrp/TotalAmt060237
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt019271
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt019271
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt132.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1517894
IRS990/Form990PartVIISectionAGrp/PersonNm0James A Herlong
IRS990/Form990PartVIISectionAGrp/PersonNm1Emily Metzger
IRS990/Form990PartVIISectionAGrp/PersonNm2Langley Shealy
IRS990/Form990PartVIISectionAGrp/PersonNm3Theodore H Reading II
IRS990/Form990PartVIISectionAGrp/PersonNm4Barbara Diller
IRS990/Form990PartVIISectionAGrp/PersonNm5Wilson W Farrell
IRS990/Form990PartVIISectionAGrp/PersonNm6B Lee Floyd
IRS990/Form990PartVIISectionAGrp/PersonNm7Miriam O Hair
IRS990/Form990PartVIISectionAGrp/PersonNm8David G Hodges
IRS990/Form990PartVIISectionAGrp/PersonNm9Lanneau W Lambert Jr
IRS990/Form990PartVIISectionAGrp/PersonNm10Robert M Temple
IRS990/Form990PartVIISectionAGrp/PersonNm11William H Neely Jr
IRS990/Form990PartVIISectionAGrp/PersonNm12Derek W Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm13Claude Walker Jr
IRS990/Form990PartVIISectionAGrp/PersonNm14John F Windley
IRS990/Form990PartVIISectionAGrp/PersonNm15James Deel
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/ReportableCompFromOrgAmt15127813
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/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Executive director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt014256582
IRS990/GainOrLossGrp/SecuritiesAmt0-6063
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0800000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0800000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt022651140
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt011158813
IRS990/GrossReceiptsAmt038386105
IRS990/GrossRentsGrp/RealAmt043610
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0621
IRS990/InformationTechnologyGrp/ProgramServicesAmt011799
IRS990/InformationTechnologyGrp/TotalAmt012420
IRS990/InsuranceGrp/ManagementAndGeneralAmt015013
IRS990/InsuranceGrp/ProgramServicesAmt083786
IRS990/InsuranceGrp/TotalAmt098799
IRS990/InterestGrp/ManagementAndGeneralAmt067673
IRS990/InterestGrp/TotalAmt067673
IRS990/InvestmentIncomeGrp/ExclusionAmt0104987
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0104987
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02695982
IRS990/InvestmentsPubTradedSecGrp/EOYAmt014315834
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07991494
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt08394558
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt011164876
IRS990/LessRentalExpensesGrp/RealAmt08297
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Laurel Crest was established as a continuing care retirement center for the First Presbyterian Church of Columbia, SC which includes housing and medical care.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt03195258
IRS990/NetAssetsOrFundBalancesBOYAmt03990226
IRS990/NetAssetsOrFundBalancesEOYAmt017267845
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt014250519
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014250519
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt035313
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt035313
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-414247
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02197
IRS990/OccupancyGrp/ProgramServicesAmt0562382
IRS990/OccupancyGrp/TotalAmt0564579
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01268
IRS990/OfficeExpensesGrp/ProgramServicesAmt062122
IRS990/OfficeExpensesGrp/TotalAmt063390
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03970
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01356
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0242102
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0243458
IRS990/OtherExpensesGrp/Desc0Taxes
IRS990/OtherExpensesGrp/Desc1Food
IRS990/OtherExpensesGrp/Desc2Resident activities
IRS990/OtherExpensesGrp/Desc3Equipment rental & maintenan
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025435
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11123
IRS990/OtherExpensesGrp/ProgramServicesAmt07450
IRS990/OtherExpensesGrp/ProgramServicesAmt1339841
IRS990/OtherExpensesGrp/ProgramServicesAmt242647
IRS990/OtherExpensesGrp/ProgramServicesAmt310104
IRS990/OtherExpensesGrp/TotalAmt032885
IRS990/OtherExpensesGrp/TotalAmt1339841
IRS990/OtherExpensesGrp/TotalAmt242647
IRS990/OtherExpensesGrp/TotalAmt311227
IRS990/OtherLiabilitiesGrp/BOYAmt06906160
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt075516
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01434813
IRS990/OtherSalariesAndWagesGrp/TotalAmt01510329
IRS990/PartialLiquidationInd0true
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06252
IRS990/PayrollTaxesGrp/ProgramServicesAmt0118787
IRS990/PayrollTaxesGrp/TotalAmt0125039
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt065602
IRS990/PrincipalOfficerNm0James A Herlong
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0Resident fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04415055
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04415055
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt047054
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07341
IRS990/PYOtherExpensesAmt03157762
IRS990/PYOtherRevenueAmt07400
IRS990/PYProgramServiceRevenueAmt06562296
IRS990/PYRevenuesLessExpensesAmt0803314
IRS990/PYSalariesCompEmpBnftPaidAmt02663015
IRS990/PYTotalExpensesAmt05820777
IRS990/PYTotalRevenueAmt06624091
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt013691866
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt012500
IRS990/RentalIncomeOrLossGrp/RealAmt035313
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03639946
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0461663
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0100000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt012500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt047054
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt044500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt084983
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt027000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0216037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0104987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07340
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019200
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010090
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt037595
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0179212
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt04415055
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt06562296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt06009480
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05926810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05489780
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt028403421
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0104987
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07340
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019200
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt037595
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0179212
IRS990ScheduleA/InvestmentIncomeCYPct00.01000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99030
IRS990ScheduleA/PublicSupportPY509Pct00.99330
IRS990ScheduleA/PublicSupportTotal509Amt028519458
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0100000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0100000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04427555
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt06609350

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,292,622
Liabilities
$24,777
Net assets
$17,267,845
Revenue
$18,818,374
Expenses
$5,126,508
Net income
$13,691,866
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.2$0.00$25.2$1.68$1.05$0.63
2024Summary only. Only limited summary data is available for this year.$23.8$0.00$23.8$0.82$1.04$0.22
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.5$0.00$21.5$1.90$1.00$0.90
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$22.3$0.00$22.3$0.33$1.50$1.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$21.5$0.00$21.5$0.19$0.10$0.30
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.5$0.00$16.5$0.59$0.49$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$0.00$17.8$0.45$0.56$0.11
2018Detailed filing. Detailed filing data is available for this year.$17.3$0.02$17.3$18.8$5.13$13.7
2018Summary only. Only limited summary data is available for this year.$17.3$0.02$17.3$18.8$5.13$13.7
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.4$10.4$3.99$6.62$5.82$0.80
2016Detailed filing. Detailed filing data is available for this year.$13.6$10.5$3.15$6.18$5.77$0.41
2015Detailed filing. Detailed filing data is available for this year.$13.3$10.5$2.74$6.03$5.54$0.49
2014Detailed filing. Detailed filing data is available for this year.$13.2$11.0$2.25$5.67$5.58$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.1$10.9$2.19$5.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$11.1$2.55$5.42
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.1$11.4$2.70$5.26