Civic Intelligence

Carmel Hills Retirement Comm

990 • Fiscal year 2017 • EIN 58-1307937

May 01, 2016 to Apr 30, 2017 • Filed on Sep 18, 2017

Organization Profilewww.carmelhills.org

View Organization Page

2801 Carmel RoadCharlotte, NC 28226

(704) 364-8302

Siviq Scores

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

Liabilities / Assets

55th percentile

0.80x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

43rd percentile

1.01x

Higher debt load relative to revenue than 43% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Net Margin

74th percentile

8.0%

Higher net margin than 74% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$114,727

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • NTEE L • $1M-$5M nonprofits • Source year 2017

Asset Growth

10th percentile

-8.7%

Faster asset growth than 10% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

33rd percentile

-0.4%

Faster revenue growth than 33% of similar nonprofits.

2017 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$3,597,099

Down $342,976 (-8.7%) from 2016

Net Assets

Up

$732,021

Up $241,428 (+49%) from 2016

Liabilities

Down

$2,865,078

Down $584,404 (-17%) from 2016

Revenue And Expenses
Liabilities / Revenue43rd percentileNet Margin74th percentile

Revenue

Down

$2,834,491

Down $10,897 (-0.4%) from 2016

Expenses

Up

$2,606,616

Up $76,970 (+3.0%) from 2016

Net Income

Down

$227,875

Down $87,867 (-28%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth10th percentile

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

$4.0M$2.0M$0-$2.0MAssets 2011: $2,434,828Liabilities 2011: $2,927,042Net Assets 2011: -$492,2142011Assets 2012: $2,409,175Liabilities 2012: $2,769,358Net Assets 2012: -$360,1832012Assets 2013: $2,870,724Liabilities 2013: $3,241,097Net Assets 2013: -$370,3732013Assets 2014: $3,070,628Liabilities 2014: $3,137,385Net Assets 2014: -$66,7572014Assets 2015: $3,419,129Liabilities 2015: $3,202,352Net Assets 2015: $216,7772015Assets 2016: $3,940,075Liabilities 2016: $3,449,482Net Assets 2016: $490,5932016Assets 2017: $3,597,099Liabilities 2017: $2,865,078Net Assets 2017: $732,0212017Assets 2018: $3,588,885Liabilities 2018: $2,738,363Net Assets 2018: $850,5222018Assets 2019: $3,581,489Liabilities 2019: $2,824,705Net Assets 2019: $756,7842019Assets 2020: $3,587,337Liabilities 2020: $2,720,162Net Assets 2020: $867,1752020Assets 2021: $3,066,855Liabilities 2021: $2,203,494Net Assets 2021: $863,3612021Assets 2022: $3,669,843Liabilities 2022: $2,848,798Net Assets 2022: $821,0452022Assets 2023: $3,319,027Liabilities 2023: $2,757,791Net Assets 2023: $561,2362023Assets 2024: $3,442,451Liabilities 2024: $2,611,858Net Assets 2024: $830,5932024Assets 2025: $3,649,899Liabilities 2025: $2,916,073Net Assets 2025: $733,8262025

Highlighted filing

2017

Assets$3,597,099
Liabilities$2,865,078
Net Assets$732,021
Open 2017 Filing

Operations Trend

Revenue Growth33rd percentile

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

$4.0M$2.0M$0-$2.0MExpenses 2011: $2,143,9042011Expenses 2012: $2,131,4522012Expenses 2013: $2,246,0382013Revenue 2014: $2,580,949Expenses 2014: $2,282,938Net Income 2014: $298,0112014Revenue 2015: $2,660,767Expenses 2015: $2,380,034Net Income 2015: $280,7332015Revenue 2016: $2,845,388Expenses 2016: $2,529,646Net Income 2016: $315,7422016Revenue 2017: $2,834,491Expenses 2017: $2,606,616Net Income 2017: $227,8752017Revenue 2018: $2,884,435Expenses 2018: $2,780,164Net Income 2018: $104,2712018Revenue 2019: $2,808,260Expenses 2019: $2,919,881Net Income 2019: -$111,6212019Revenue 2020: $3,077,955Expenses 2020: $2,967,564Net Income 2020: $110,3912020Revenue 2021: $3,120,422Expenses 2021: $3,124,236Net Income 2021: -$3,8142021Revenue 2022: $3,393,673Expenses 2022: $3,432,749Net Income 2022: -$39,0762022Revenue 2023: $3,548,068Expenses 2023: $3,807,877Net Income 2023: -$259,8092023Revenue 2024: $3,987,744Expenses 2024: $3,718,387Net Income 2024: $269,3572024Revenue 2025: $3,776,405Expenses 2025: $3,873,172Net Income 2025: -$96,7672025

Highlighted filing

2017

Revenue$2,834,491
Expenses$2,606,616
Net Income$227,875
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Sep 18, 2017
Return Version
2016v3.0
Gross Receipts
$2,847,230
Mission and Program Overview

Mission

The main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to the aged as may be appropriate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,684,568$1,792,906▲ $108,338
Savings and Temporary Cash Investments$1,862,899$1,635,215▼ $227,684
Investments in Publicly Traded Securities$99,483$112,947▲ $13,464
Prepaid Expenses and Deferred Charges$14,555$30,009▲ $15,454
Inventories for Sale or Use$14,974$18,788▲ $3,814
Accounts Receivable$263,596$7,234▼ $256,362
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$3,940,075$3,597,099▼ $342,976
Other Assets Total-$0-
Liabilities
Other Liabilities$2,075,466$1,672,945▼ $402,521
Mortgage Notes Payable Secured by Investment Property$1,187,029$1,090,216▼ $96,813
Accounts Payable and Accrued Expenses$155,040$75,484▼ $79,556
Deferred Revenue$31,947$26,433▼ $5,514
Total Liabilities$3,449,482$2,865,078▼ $584,404
Net Assets / Fund Balance
Unrestricted Net Assets$490,593$732,021▲ $241,428
Total Net Assets Fund Balance$490,593$732,021▲ $241,428
Total Liabilities and Net Assets / Fund Balance$3,940,075$3,597,099▼ $342,976

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,132,583$2,479,140$3,611,723
Other Land Buildings$213,291$815,081$1,028,372
Leasehold Improvements$121,916$163,288$285,204
Land$233,167-$233,167
Equipment$91,949$113,450$205,399
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard ToddAdministratorFT$89,106$25,621$114,727
Gabriel IorgaExecutive DirectorFT$70,271$6,543$76,814

Board Members and Trustees

NameTitle
Larry StasselPresident
Steve McDonaldVice President
Dr Charles HeussDirector
Dr Samir AbadeerDirector
Naim SawiresDirector
Paul PalmerDirector
Foster ChinAsst. Secretary
Sam JeanjaquetSecretary
Paul Palmer JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$301,585
Program Service Revenue
$2,496,871
Investment Income
$730
Other Revenue
$35,305
All Other Contributions
$301,585
Change in Net Assets
$227,875

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,691,504
Revenue Not Reported on Financial Statements
$142,987
Revenue Not Reported on Form 990
$13,553
Other Revenue Adjustments
$142,987
Total Revenue per Audited Statements
$2,705,057
Total Revenue per Form 990
$2,834,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,498,938
Other Expenses$968,848
Grants and Similar Amounts Paid$138,830
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,002,783$63,755-$1,066,538
Current Officers, Directors, Trustees, and Key Employees$63,847$127,694-$191,541
Depreciation Depletion$142,877$25,645-$168,522
All Other Expenses$132,101$23,713-$155,814
Grants to Domestic Individuals$138,830--$138,830
Other Employee Benefits$114,075$20,475-$134,550
Payroll Taxes$82,753$14,853-$97,606
Insurance$72,497$13,012-$85,509
Other Expenses$56,048$10,060-$66,108
Interest$46,794$8,399-$55,193
Advertising$36,985$6,638-$43,623
Office Expenses$19,462$3,493-$22,955
Fees for Services Accounting$11,574$2,077-$13,651
Pension Plan Contributions$7,379$1,324-$8,703
Travel$5,180$930-$6,110
Fees for Services Other$593$107-$700
Total Functional Expenses$2,231,079$375,537$0$2,606,616

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,606,616
Expenses per Audited Statements$2,463,629
Total Expenses per Audited Statements$2,463,629
Expenses Not Reported on Financial Statements$142,987
Other Expense Adjustments$142,987
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unamortized entrance fees$1,227,746
Refundable entrance fees$444,699
Deposits$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

“Directors Paul Palmer and Paul Palmer, Jr. are father and son.Director Naim Sawires and officer Gabriel Iorga are father-in-law and son-in-law.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of form 990 will be provided to each member of the board for review and approval before the return is filed. Before it is filed, the board must review the Form 990 and the IRS requires an explanation of the process. The review process can be performed during a board meeting where board members are able to vote to approve the Form. The process and the discussion should be documented in the board minutes.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Annually each Director, Officer, Advisor, Employee and Volunteer shall complete a conflict of interest disclosure form which shall be reviewed by the Board President, Administrator, or appointed committee.If at any time a Director, Advisor, or committee member becomes aware of a conflict of interest, such information shall be disclosed and reported. Such person shall not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting.”

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

“The organization follows the process described in treasury regulation 4958 (6) (C) for establishing the 'Rebuttable Presumption of Reasonableness' in the review, approval, and documentation of officer, key management, and director compensation. As part of the annual budgeting process, the entire Governing board reviews & approves the entire compensation package of each person based on comparability factors including but not limited to the size of the organization, the geographical location of the organization, and the employee's length of service. The governing body appoints a compensation committee to gather comparable data and to make recommendations to the board. This process is conducted on an annual basis for the following positions:Administrator.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Made available upon request.”

Filing and Contact Details

Filer

Filer Name
Carmel Hills Inc
EIN
58-1307937
Phone
7043648302
Address
2801 Carmel Road, Charlotte, NC 28226

Signing Officer

Name
Paul Palmer Jr
Title
Treasurer
Signed
2017-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gabriel Iorga
Formed
1977
Legal Domicile
Nc
Voting Board Members
9
Independent Board Members
9
Employees
69
Volunteers
10

Preparer

Firm
C DeWitt Foard & Co PA CPAs
Address
817 E Morehead Street Ste 100, Charlotte, NC 28202-2767
Preparer
Phillip G Wilson
Phone
7043721515
Supplemental Narrative

Financial Statement Notes

Part XI, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Residents assistance shown as expense $138830 Net rental income $4157”

Part XII, Line 4B: Other revenue amounts included on 990 but not included in F/S

“Residents assistance shown as expense $138830 Net rental income $4157”

Raw XML AppendixShowing 400 of 703 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/BOYAmt0155040
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt075484
IRS990/AccountsReceivableGrp/BOYAmt0263596
IRS990/AccountsReceivableGrp/EOYAmt07234
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to the aged as may be appropriate.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt06638
IRS990/AdvertisingGrp/ProgramServicesAmt036985
IRS990/AdvertisingGrp/TotalAmt043623
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0301585
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt023713
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0132101
IRS990/AllOtherExpensesGrp/TotalAmt0155814
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Gabriel Iorga
IRS990/BooksInCareOfDetail/PhoneNum07043648302
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02801 Carmel Road
IRS990/BooksInCareOfDetail/USAddress/CityNm0Charlotte
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd028226
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0127694
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt063847
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0191541
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0301585
IRS990/CYGrantsAndSimilarPaidAmt0138830
IRS990/CYInvestmentIncomeAmt0730
IRS990/CYOtherExpensesAmt0968848
IRS990/CYOtherRevenueAmt035305
IRS990/CYProgramServiceRevenueAmt02496871
IRS990/CYRevenuesLessExpensesAmt0227875
IRS990/CYSalariesCompEmpBnftPaidAmt01498938
IRS990/CYTotalExpensesAmt02606616
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02834491
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt031947
IRS990/DeferredRevenueGrp/EOYAmt026433
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt025645
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0142877
IRS990/DepreciationDepletionGrp/TotalAmt0168522
IRS990/Desc0The Purpose of this corporation are exclusively charitable and educational in nature within the meaning of section 501(c)(3) of the Internal Revenue Code, including a home for the aged. Carmel Hills has been designed to provide comfortable surroundings for a low cost where older people may live in peace and contentment in Christian neighborliness. The mission of Carmel Hills is to provide a retirement community to care for and encourage the Lord's people. We served and provided care for an average of 38 Independent residents and an average of 27 Assisted Living residents during the year. We offer charity care through the Resident Assistance Fund (RAF) where possible.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt069
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt02231079
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02077
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011574
IRS990/FeesForServicesAccountingGrp/TotalAmt013651
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0107
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0593
IRS990/FeesForServicesOtherGrp/TotalAmt0700
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt940.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
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/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
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/OtherCompensationAmt925621
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt106543
IRS990/Form990PartVIISectionAGrp/PersonNm0Paul Palmer Jr
IRS990/Form990PartVIISectionAGrp/PersonNm1Naim Sawires
IRS990/Form990PartVIISectionAGrp/PersonNm2Dr Samir Abadeer
IRS990/Form990PartVIISectionAGrp/PersonNm3Dr Charles Heuss
IRS990/Form990PartVIISectionAGrp/PersonNm4Foster Chin
IRS990/Form990PartVIISectionAGrp/PersonNm5Larry Stassel
IRS990/Form990PartVIISectionAGrp/PersonNm6Sam Jeanjaquet
IRS990/Form990PartVIISectionAGrp/PersonNm7Steve McDonald
IRS990/Form990PartVIISectionAGrp/PersonNm8Paul Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm9Richard Todd
IRS990/Form990PartVIISectionAGrp/PersonNm10Gabriel Iorga
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/ReportableCompFromOrgAmt989106
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1070271
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/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Asst. Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt10Executive Dir.
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-5596
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt0138830
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0138830
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0138830
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt03500
IRS990/GrossReceiptsAmt02847230
IRS990/GrossRentsGrp/RealAmt07800
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt013012
IRS990/InsuranceGrp/ProgramServicesAmt072497
IRS990/InsuranceGrp/TotalAmt085509
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt08399
IRS990/InterestGrp/ProgramServicesAmt046794
IRS990/InterestGrp/TotalAmt055193
IRS990/InventoriesForSaleOrUseGrp/BOYAmt014974
IRS990/InventoriesForSaleOrUseGrp/EOYAmt018788
IRS990/InvestmentIncomeGrp/ExclusionAmt06326
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt06326
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt099483
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0112947
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03570959
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01684568
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01792906
IRS990/LandBldgEquipCostOrOtherBssAmt05363865
IRS990/LegalDomicileStateCd0NC
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt09096
IRS990/LessRentalExpensesGrp/RealAmt03643
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0true
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt06233
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt06233
IRS990/MissionDesc0The main objective of Carmel Hills is to maintain and operate a retirement home by carrying out educational, religious, recreational and other programs. Carmel Hills also maintains a health care center and carries on such other work in the overall charitable field of services to the aged as may be appropriate.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01187029
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01090216
IRS990/NetAssetsOrFundBalancesBOYAmt0490593
IRS990/NetAssetsOrFundBalancesEOYAmt0732021
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-5596
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-5596
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt04157
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04157
IRS990/NetUnrlzdGainsLossesInvstAmt013553
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03493
IRS990/OfficeExpensesGrp/ProgramServicesAmt019462
IRS990/OfficeExpensesGrp/TotalAmt022955
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt020475
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0114075
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0134550
IRS990/OtherExpensesGrp/Desc0Food supplies
IRS990/OtherExpensesGrp/Desc1Repairs and maintenance
IRS990/OtherExpensesGrp/Desc2Utilities
IRS990/OtherExpensesGrp/Desc3Janitorial expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt117796
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt214456
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt310060
IRS990/OtherExpensesGrp/ProgramServicesAmt0117610
IRS990/OtherExpensesGrp/ProgramServicesAmt199149
IRS990/OtherExpensesGrp/ProgramServicesAmt280542
IRS990/OtherExpensesGrp/ProgramServicesAmt356048
IRS990/OtherExpensesGrp/TotalAmt0138720
IRS990/OtherExpensesGrp/TotalAmt1116945
IRS990/OtherExpensesGrp/TotalAmt294998
IRS990/OtherExpensesGrp/TotalAmt366108
IRS990/OtherLiabilitiesGrp/BOYAmt02075466
IRS990/OtherLiabilitiesGrp/EOYAmt01672945
IRS990/OtherRevenueMiscGrp/Desc0Meals Income
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous
IRS990/OtherRevenueMiscGrp/Desc2Sales Tax Refund
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt06045
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt16000
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt212870
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt06045
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt212870
IRS990/OtherRevenueTotalAmt031148
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt063755
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01002783
IRS990/OtherSalariesAndWagesGrp/TotalAmt01066538
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014853
IRS990/PayrollTaxesGrp/ProgramServicesAmt082753
IRS990/PayrollTaxesGrp/TotalAmt097606
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01324
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt07379
IRS990/PensionPlanContributionsGrp/TotalAmt08703
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014555
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt030009
IRS990/PrincipalOfficerNm0Gabriel Iorga
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Application Fees
IRS990/ProgramServiceRevenueGrp/Desc1Early Reservation
IRS990/ProgramServiceRevenueGrp/Desc2Earned Entrance Fees
IRS990/ProgramServiceRevenueGrp/Desc3Late Fees
IRS990/ProgramServiceRevenueGrp/Desc4Resident Fees
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2221535
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3178
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt42271958
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2221535
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3178
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42271958
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0211129
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0121110
IRS990/PYInvestmentIncomeAmt01124
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01030473
IRS990/PYOtherRevenueAmt047317
IRS990/PYProgramServiceRevenueAmt02585818
IRS990/PYRevenuesLessExpensesAmt0315742
IRS990/PYSalariesCompEmpBnftPaidAmt01378063
IRS990/PYTotalExpensesAmt02529646
IRS990/PYTotalRevenueAmt02845388
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0227875
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt04157
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt02358041
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01862899
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01635215
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt042500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt012100
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt020399
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt018499
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt036971
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0130469
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0301585
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0211129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0395444
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0303164
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0155730
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01367052
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt06326
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05995
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt06580
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt05929
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt08097

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,597,099
Liabilities
$2,865,078
Net assets
$732,021
Revenue
$2,834,491
Expenses
$2,606,616
Net income
$227,875
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.65$2.92$0.73$3.78$3.87$0.10
2024Summary only. Only limited summary data is available for this year.$3.44$2.61$0.83$3.99$3.72$0.27
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$2.76$0.56$3.55$3.81$0.26
2022Summary only. Only limited summary data is available for this year.$3.67$2.85$0.82$3.39$3.43$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$2.20$0.86$3.12$3.12$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$2.72$0.87$3.08$2.97$0.11
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$2.82$0.76$2.81$2.92$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.59$2.74$0.85$2.88$2.78$0.10
2017Detailed filing. Detailed filing data is available for this year.$3.60$2.87$0.73$2.83$2.61$0.23
2016Detailed filing. Detailed filing data is available for this year.$3.94$3.45$0.49$2.85$2.53$0.32
2015Detailed filing. Detailed filing data is available for this year.$3.42$3.20$0.22$2.66$2.38$0.28
2014Detailed filing. Detailed filing data is available for this year.$3.07$3.14$0.07$2.58$2.28$0.30
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$3.24$0.37$2.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.41$2.77$0.36$2.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.43$2.93$0.49$2.14