Civic Intelligence

Uplands Village

990 • Fiscal year 2019 • EIN 62-0479194

Jul 01, 2018 to Jun 30, 2019 • Filed on Apr 26, 2019

PO Box 168Pleasant Hill, TN 38578-0168

(937) 277-3518

Siviq Scores

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

Liabilities / Assets

87th percentile

0.84x

Higher debt load relative to assets than 87% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

85th percentile

1.45x

Higher debt load relative to revenue than 85% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

17th percentile

-9.3%

Higher net margin than 17% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

32nd percentile

$128,514

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

11th percentile

-7.3%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

47th percentile

2.9%

Faster revenue growth than 47% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Down

$17,501,532

Down $1,370,447 (-7.3%) from 2018

Net Assets

Down

$2,887,086

Down $1,057,734 (-27%) from 2018

Liabilities

Down

$14,614,446

Down $312,713 (-2.1%) from 2018

Revenue

Up

$10,103,240

Up $288,345 (+2.9%) from 2018

Expenses

Down

$11,047,515

Down $1,127,424 (-9.3%) from 2018

Net Income

Up

-$944,275

Up $1,415,769 (+60%) 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: $17,608,442Liabilities 2011: $7,401,565Net Assets 2011: $10,206,8772011Assets 2012: $17,820,166Liabilities 2012: $7,361,728Net Assets 2012: $10,458,4382012Assets 2013: $17,316,123Liabilities 2013: $6,981,391Net Assets 2013: $10,334,7322013Assets 2014: $17,311,357Liabilities 2014: $7,531,615Net Assets 2014: $9,779,7422014Assets 2015: $17,848,875Liabilities 2015: $8,884,571Net Assets 2015: $8,964,3042015Assets 2016: $23,476,314Liabilities 2016: $14,266,838Net Assets 2016: $9,209,4762016Assets 2017: $21,239,275Liabilities 2017: $14,862,344Net Assets 2017: $6,376,9312017Assets 2018: $18,871,979Liabilities 2018: $14,927,159Net Assets 2018: $3,944,8202018Assets 2019: $17,501,532Liabilities 2019: $14,614,446Net Assets 2019: $2,887,0862019Assets 2020: $18,216,480Liabilities 2020: $14,056,414Net Assets 2020: $4,160,0662020Assets 2021: $17,702,262Liabilities 2021: $13,588,147Net Assets 2021: $4,114,1152021Assets 2022: $15,899,140Liabilities 2022: $12,616,954Net Assets 2022: $3,282,1862022Assets 2023: $17,038,084Liabilities 2023: $12,517,143Net Assets 2023: $4,520,9412023Assets 2024: $17,511,879Liabilities 2024: $12,110,997Net Assets 2024: $5,400,8822024

Highlighted filing

2019

Assets$17,501,532
Liabilities$14,614,446
Net Assets$2,887,086

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,150,3702011Revenue 2012: $6,814,672Expenses 2012: $6,477,192Net Income 2012: $337,4802012Expenses 2013: $6,984,0732013Revenue 2014: $7,597,157Expenses 2014: $8,355,543Net Income 2014: -$758,3862014Revenue 2015: $8,049,048Expenses 2015: $8,934,832Net Income 2015: -$885,7842015Revenue 2016: $9,283,174Expenses 2016: $9,915,968Net Income 2016: -$632,7942016Revenue 2017: $9,610,412Expenses 2017: $12,442,957Net Income 2017: -$2,832,5452017Revenue 2018: $9,814,895Expenses 2018: $12,174,939Net Income 2018: -$2,360,0442018Revenue 2019: $10,103,240Expenses 2019: $11,047,515Net Income 2019: -$944,2752019Revenue 2020: $12,075,377Expenses 2020: $10,856,825Net Income 2020: $1,218,5522020Revenue 2021: $10,892,676Expenses 2021: $11,021,767Net Income 2021: -$129,0912021Revenue 2022: $11,050,132Expenses 2022: $11,530,134Net Income 2022: -$480,0022022Revenue 2023: $13,567,317Expenses 2023: $12,620,259Net Income 2023: $947,0582023Revenue 2024: $14,087,511Expenses 2024: $13,378,009Net Income 2024: $709,5022024

Highlighted filing

2019

Revenue$10,103,240
Expenses$11,047,515
Net Income-$944,275
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Apr 26, 2019
Return Version
2018v3.1
Gross Receipts
$10,456,548
Mission and Program Overview

Mission

The mission of uplands village is to provide an affordable and intellectually stimulating continuing care retirement community that is committed to delivering superior care to senior adults who have been and remain committed to issues of social justice and a faithful tradition of service to others.

The mission of Uplands Village is to provide an affordable and intellectually stimulating continuing care retirement community that is committed to delivering superior care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$15,090,384$13,958,663▼ $1,131,721
Investments in Publicly Traded Securities$2,261,000$1,777,616▼ $483,384
Accounts Receivable$938,313$1,051,406▲ $113,093
Cash and Non-Interest-Bearing Accounts$151,155$182,465▲ $31,310
Prepaid Expenses and Deferred Charges$66,522$81,796▲ $15,274
Savings and Temporary Cash Investments$19,342$55,290▲ $35,948
Pledges and Grants Receivable-$31,877-
Inventories for Sale or Use$31,494$18,861▼ $12,633
Total Assets$18,871,979$17,501,532▼ $1,370,447
Other Assets Total$313,769$343,558▲ $29,789
Liabilities
Mortgage Notes Payable Secured by Investment Property$12,246,914$12,973,603▲ $726,689
Accounts Payable and Accrued Expenses$1,583,197$1,016,743▼ $566,454
Other Liabilities$1,094,660$623,190▼ $471,470
Escrow Account Liability$2,388$910▼ $1,478
Unsecured Notes Loans Payable$0--
Total Liabilities$14,927,159$14,614,446▼ $312,713
Net Assets / Fund Balance
Permanently Rstr Net Assets$1,517,967$1,403,206▼ $114,761
Unrestricted Net Assets$1,100,914$799,897▼ $301,017
Temporarily Rstr Net Assets$1,325,939$683,983▼ $641,956
Total Net Assets Fund Balance$3,944,820$2,887,086▼ $1,057,734
Total Liabilities and Net Assets / Fund Balance$18,871,979$17,501,532▼ $1,370,447

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$11,644,563$10,372,419$22,016,982
Equipment$1,764,502$2,217,010$3,981,512
Land$376,875-$376,875
Other Land Buildings$172,723$186,606$359,329
Other Assets Org$910--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$2,140,939$14,445▲ $30,284$434,862$1,750,806
2017$2,484,423$14,814▲ $77,203$435,501$2,140,939
2016$2,760,790$12,597▲ $189,183$478,147$2,484,423
2015$2,704,491$46,800▲ $28,035$18,536$2,760,790
2014$2,671,014$28,351▲ $8,242$3,116$2,704,491
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Murner Mr HerschelExecutive DirectorFT$128,514$128,514

Board Members and Trustees

NameTitle
Hanson Ms HollyDirector/Chair
Dowdey DonDirector/Vice Chair
Anderson Mr EdDirector
Canfie1d Rev Dr MarkDirector
Ellerbrake Rev RichardDirector
Everett Mrs BarbaraDirector
Fortune Rev MarieDirector
Gotcher Mr MikeDirector
Hill Rev KayDirector
Olds Mr JimDirector
Olson Ms JudithDirector
OverlockJD Rev Dr MarcDirector
Peeples Ms SueDirector
Mazyck MD Dr BethDirector/Secretary
Mitchell Mr TomDirector/Treasurer
John K RennerCFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Functional PathwaysTherapy Services10133 SHERRIL BLVD, Knoxville, TN 37932$950,141
United Church Homes ManagementManagement Services170 East Center Street, Marion, OH 43301$707,273
Morrison Management SpecialistsDietary ConsultantsPO Box 102289, Atlanta, TN 30368$326,978
OmnicarePharmaceuticalPO Box 780000, Detroit, MI 48278$326,978
Division Of TenncarePharmaceutical310 GREAT CIRCLE ROAD 4-EAST, Crossville, TN 37243$244,137
Revenue and Support

Revenue Composition

Contributions and Grants
$214,879
Program Service Revenue
$9,850,557
Investment Income
$32,229
Other Revenue
$5,575
All Other Contributions
$187,383
Change in Net Assets
$-944,275

Audited Revenue Reconciliation

Revenue per Audited Statements
$10,044,609
Revenue Not Reported on Financial Statements
$58,631
Revenue Not Reported on Form 990
$32,822
Total Revenue per Audited Statements
$10,077,431
Total Revenue per Form 990
$10,103,240
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,395,753
Salaries, Compensation, and Employee Benefits$4,651,762
Total Fundraising Expense$2,605
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$4,142,453$180,199$772$4,323,424
All Other Expenses$2,762,934$0$0$2,762,934
Depreciation Depletion$1,192,889$0$0$1,192,889
Interest$515,704$0$0$515,704
Insurance$470,957$0$0$470,957
Occupancy$445,899$0$0$445,899
Payroll Taxes$321,235$0$0$321,235
Fees for Services Management$0$318,750$0$318,750
Office Expenses$216,181$0$0$216,181
Advertising$89,551$0$1,833$91,384
Other Expenses$48,373$0$0$48,373
Fees for Services Accounting$0$42,832$0$42,832
Conferences and Meetings$40,729$0$0$40,729
Fees for Services Legal$0$30,283$0$30,283
Fees for Services Other$24,877$0$0$24,877
Travel$10,302$0$0$10,302
Other Employee Benefits$5,999$0$0$5,999
Pension Plan Contributions$1,104$0$0$1,104
Total Functional Expenses$10,466,920$577,990$2,605$11,047,515

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,080,337
Expenses per Audited Statements$11,047,515
Total Expenses per Form 990$11,047,515
Expenses Not Reported on Form 990$32,822
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,822
Fundraising Gross Income$25,469
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various Fundraisers$25,469$25,469$32,822$-7,353
Total Events$25,469$25,469$32,822$-7,353
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Current Notes Payable$434,061
Line of Credit$88,654
Deposits and Credits$48,548
Capital Leases Payable$28,787
Interest Payable$23,140
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Uplands Village
EIN
62-0479194
Phone
9372773518
Address
PO Box 168, Pleasant Hill, TN 38578-0168

Signing Officer

Name
John K Renner
Title
Chief Financial Officer, Management
Phone
9372773518
Signed
2019-04-26

Organization Details

Principal Officer
John K Renner
Formed
1922
Legal Domicile
Tn
Voting Board Members
15
Independent Board Members
15
Employees
224
Volunteers
77
Supplemental Narrative

Additional Explanations

Pt XII, Line 3B

Net Asset Changes occurred from Audit Adjustments

Pt VI, Line 8A

Each Committee and board meeting is recorded by the Secretary and minutes of the board are kept for an undermined length of time.

Pt VI, Line 8B

Each Committee is made up of members of Uplands governing board. With the same voting rights as other members.

Pt VI, Line 11B

The return is prepared by the management company and reviewed and approved by the Uplands CFO. Then distributes to the finance committee and board members.

Pt VI, Line 12C

All business decisions are reviewed by executive director, CFO, and staff. Large and non-routine items are reviewed by Executive Committee as well.

Pt VI, Line 15A

The process for determining compensation is as follows: The Executive and Human Resources committee conduct performance review and make salary recommendations. Then approved by the Executive Director after performance reviews. The amounts are established in the budgeting process and the finance committee approves these details along with the board approved final budget. This approval process occurs in the spring board meeting.

Pt VI, Line 15B

The process for determining the Executive Directors compensation is as follows: The Executive and Human Resources committee conduct a performance review and make salary recommendations. The amounts is approved by the Finance Committee approves these details along with the board approved final budget. This approval process occurs in the spring board meeting.

Pt XI

The changes in Net Assets include prior year audit adjustments.

Form 990, Part IX, Line 24E

Professional Fees 922513. 922513. 0. 0.

Form 990, Part IX, Line 24E

Medical Supplies 1145607. 1145607. 0. 0.

Form 990, Part IX, Line 24E

Raw Food 391039. 391039. 0. 0.

Form 990, Part IX, Line 24E

Real Estate 37950. 37950. 0. 0.

Form 990, Part IX, Line 24E

Repair & Maintenance 157938. 157938. 0. 0.

Form 990, Part IX, Line 24E

Unemployment Tax 7871. 7871. 0. 0.

Form 990, Part IX, Line 24E

Workers Compensation 72574. 72574. 0. 0.

Form 990, Part IX, Line 24E

Housekeeping/Laundry Supply 27442. 27442. 0. 0.

Financial Statement Notes

Pt X, Line 2

The Earnings from the endowment funds are used to provide for the nursing home resident, as well as, assist in maintaining independent living and other purposes connected with the retirement village and the nursing home.

Pt XI, Line 2D

Expenses Netted Against Fundraising Income

Pt XII, Line 2D

Expenses Netted Against Fundraising Income

Pt IV, Line 2B

Uplands Village was founded by Dr. May Cravath Wharton and incorporated in 1922 under the laws of the state of Tennessee as a Nonprofit Corporation and Internal Revenue Code 501(c) 3 and was granted exemption status from income taxes under code section 501(a) in January 1939. Uplands accounts for uncertain tax position with provisions of FASB ASC 740-10 "Accounting for Uncertainty in Income Taxes" (FASB ASV 740-1), which provides a framework for how companies should recognize, measure, present and disclose uncertain tax positions within the financial statements. With these changes, Uplands may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position Uplands does not have any uncertain tax position as of June 30, 2018 and 2019.

Pt XII, Line 4B

Unrealized Gain/Loss recorded in Net Assets Reconciliation.

Pt III, Line 1A

An audit adjustment was made for the June 2017-July 2018 fiscal year to the endowment fund which changed prior year Part V line 1f in the amount of $542,375

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$17.5$12.1$5.40$14.1$13.4$0.71
2023Detailed filing. Detailed filing data is available for this year.$17.0$12.5$4.52$13.6$12.6$0.95
2022Detailed filing. Detailed filing data is available for this year.$15.9$12.6$3.28$11.1$11.5$0.48
2021Detailed filing. Detailed filing data is available for this year.$17.7$13.6$4.11$10.9$11.0$0.13
2020Detailed filing. Detailed filing data is available for this year.$18.2$14.1$4.16$12.1$10.9$1.22
2019Detailed filing. Detailed filing data is available for this year.$17.5$14.6$2.89$10.1$11.0$0.94
2018Detailed filing. Detailed filing data is available for this year.$18.9$14.9$3.94$9.81$12.2$2.36
2017Detailed filing. Detailed filing data is available for this year.$21.2$14.9$6.38$9.61$12.4$2.83
2016Summary only. Only limited summary data is available for this year.$23.5$14.3$9.21$9.28$9.92$0.63
2015Detailed filing. Detailed filing data is available for this year.$17.8$8.88$8.96$8.05$8.93$0.89
2014Detailed filing. Detailed filing data is available for this year.$17.3$7.53$9.78$7.60$8.36$0.76
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.3$6.98$10.3$6.98
2012Summary only. Only limited summary data is available for this year.$17.8$7.36$10.5$6.81$6.48$0.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.6$7.40$10.2$6.15