LASELL VILLAGE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
LASELL VILLAGE INC (EIN 22-3042122)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-04
IRS object ID
202321249349302022
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-04T14:07:50-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223042122EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LASELL VILLAGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLASEBusinessNameControlTxt
Phone6176637000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALESSANDRO VIANELLOPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone6176637000PhoneNum
Signature2023-04-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstALESSANDROPersonFirstNm
Person LastVIANELLOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6177610600PhoneNum
Preparation2023-04-29PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL B ALEXANDERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$24,426,520GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LASELLVILLAGE.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionLASELL VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY, ON THE CAMPUS OF LASELL UNIVERSITY, WITH INDEPENDENT, SUPPORTED, AND SKILLED NURING RESIDENTS.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent12VotingMembersIndependentCnt
Total Employee224TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$17,326PYContributionsGrantsAmt
CY Contributions Grants$47,994CYContributionsGrantsAmt
PY Program Service Revenue$19,047,247PYProgramServiceRevenueAmt
CY Program Service Revenue$21,729,674CYProgramServiceRevenueAmt
PY Investment Income$2,455,443PYInvestmentIncomeAmt
CY Investment Income$2,261,832CYInvestmentIncomeAmt
PY Other Revenue$262,134PYOtherRevenueAmt
CY Other Revenue$387,020CYOtherRevenueAmt
PY Total Revenue$21,782,150PYTotalRevenueAmt
CY Total Revenue$24,426,520CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$7,806,417PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$9,406,435CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$15,346,596PYOtherExpensesAmt
CY Other Expenses$15,943,327CYOtherExpensesAmt
PY Total Expenses$23,153,013PYTotalExpensesAmt
CY Total Expenses$25,349,762CYTotalExpensesAmt
PY Revenues Less Expenses-$1,370,863PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$923,242CYRevenuesLessExpensesAmt
Total Assets BOY$102,869,314TotalAssetsBOYAmt
Total Assets EOY$98,447,596TotalAssetsEOYAmt
Total Liabilities BOY$128,493,628TotalLiabilitiesBOYAmt
Total Liabilities EOY$132,844,947TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$25,624,314NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$34,397,351NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLASELL VILLAGE, SPONSORED BY LASELL UNIVERSITY, IS HOME TO SOME 265 RESIDENTS IN ITS INDEPENDENT LIVING APARTMENTS, SUPPORTED LIVING STUDIOS AND INCLUDES A 38 BED SKILLED NURSING FACILITY. OPEN SINCE MAY 2000, THE VILLAGE COMBINES THE ELEMENTS OF LIFELONG LEARNING, RETIREMENT LIVING, SUPPORT SERVICES, SHORT-TERM REHABILITATION AND LONG-TERM CARE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$21,235,910ExpenseAmt
Grant$0GrantAmt
Revenue$21,729,674RevenueAmt
DescLASELL VILLAGE IS A PREMIER LIFE PLAN COMMUNITY THAT INTEGRATES A UNIQUE EDUCATIONAL EXPERIENCE WITH QUALITY SERVICES AND CARE. THE PRESIDING PHILOSOPHY OF EDUCATION AT LASELL IS THAT LEARNING IS A WAY OF BEING AN APPROACH TO LIVING THROUGH WHICH RESIDENTS PURSUE INTERESTS AND ENGAGE IN NEW EXPERIENCES THAT ENRICH THEIR LIVES. LASELL VILLAGE IS A VIBRANT LIFE PLAN COMMUNITY AND HOME TO APPROXIMATELY 265 RESIDENTS IN NEWTON, MASSACHUSETTS WHERE RESIDENTS ARE REQUIRED TO PARTICIPATE IN 450 HOURS OF LEARNING AND ENGAGEMENT EACH YEAR. LOCATED ON THE CAMPUS OF LASELL UNIVERSITY, IT COMBINES HOUSING, HEALTHCARE, HIGHER EDUCATION AND HOSPITALITY ON A MULTI-GENERATIONAL CAMPUS. IT OFFERS AN ARRAY OF LIFESTYLE AND HEALTH CARE SERVICES, COMBINING THE ELEMENTS OF LIFELONG LEARNING, SUPPORT SERVICES AND LONG-TERM CARE.Desc
Total Program Service Expenses$21,235,910TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document46IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee224EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member12IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing AddressYes (1)OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonALESSANDRO VIANELLOPersonNm
Phone6176637003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JEFFREY SIMON
CHAIR2.000.00Yes (X)Yes (X)$0$0$0
JEFFREY AUGUSTINE
TREASURER (UNTIL 4/2022)/DIRECTOR2.000.00Yes (X)Yes (X)$0$0$0
SUSAN HASS
CLERK1.000.00Yes (X)Yes (X)$0$0$0
DEBORAH A DACCORD
DIRECTOR1.000.00Yes (X)$0$0$0
GERRY DEROCHE
DIRECTOR (UNTIL 12/2021)1.000.00Yes (X)$0$0$0
CHRISTINE DOYLE
DIRECTOR1.000.00Yes (X)$0$0$0
JULIA GALLAGHER MD
DIRECTOR1.000.00Yes (X)$0$0$0
NKEM OKEKE MD
DIRECTOR1.000.00Yes (X)$0$0$0
LAURIE SAMUELS PASCAL
DIRECTOR1.000.00Yes (X)$0$0$0
FRED PRYOR
DIRECTOR (UNTIL 4/2022)1.000.00Yes (X)$0$0$0
PAIGE SCOTT REED
DIRECTOR1.000.00Yes (X)$0$0$0
CAROLINE SCHASTNY
RESIDENT TRUSTEE1.000.00Yes (X)$0$0$0
KATHY SWARTZ
DIRECTOR1.000.00Yes (X)$0$0$0
JUDITH TSIPIS
RESIDENT TRUSTEE1.000.00Yes (X)$0$0$0
ANNE E DOYLE
PRESIDENT - LASELL VILLAGE40.0010.00Yes (X)$0$267,272$10,538
MICHAEL ALEXANDER
PRESIDENT - LASELL UNIVERSITY10.0040.00Yes (X)$0$440,487$143,520
NANCY SNOW
ASSISTANT CLERK40.000.00Yes (X)$0$58,595$14,021
ALESSANDRO VIANELLO
CFO & TREASURER40.000.00Yes (X)$162,890$0$37,894
DEREK PINTO
ASST TREAS/AVPFA & CONTROLLER - LU10.0040.00Yes (X)$0$37,641$797
EDNY PASCAL
RN40.000.00$154,030$0$7,027Yes (X)
ELIZABETH IHENACHO
RN SUPERVISOR40.000.00$146,883$0$32,076Yes (X)
CHERYL SACKS
DIRECTOR OF MARKETING40.000.00$142,683$0$32,531Yes (X)
RUTH BUTTA
RN40.000.00$167,460$0$16,799Yes (X)
MARTIN DOL
RN40.000.00$133,000$0$16,037Yes (X)
BASIL STEWART
FMR VP ADMIN/FINAN-LASELL UNIVERSITY0.000.00$0$120,200$24,419Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$906,946TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$924,195TotReportableCompRltdOrgAmt
Total Other Compensation$335,659TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
LASELL UNIVERSITY
1844 COMMONWEALTH AVENEWTONMA02466MANAGEMENT CONTRACT$1,497,394
GENESIS REHABILITATION SERVICES
PO BOX 821322PHILADELPHIAPA19182REHAB FOR SKILLED NURSING UNIT$683,787
COMMODORE BUILDERS
404 WYMAN ST SUITE 400WALTHAMMA02451CONSTRUCTION MANAGEMENT$474,667
GENESIS ELDERCARE
101 EAST STATE ST 3RD FLOORKENNETT SQUAREPA19348SKILLED NURSING MGMT. CONTRACT$376,680
DIMELLA SHAFFER ASSOCIATES
24 FARNSWORTH STBOSTONMA02210ARCHITECTURAL$321,214
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$47,994AllOtherContributionsAmt
Noncash Contributions$25,055NoncashContributionsAmt
Total Contributions$47,994TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESIDENTIAL FEES623000$14,196,927$14,196,927
SKILLED NURSING623000$5,065,699$5,065,699
EARNED ENTRANCE FEE623000$1,428,398$1,428,398
SUPPORTED LIVING UNIT FEES623000$1,038,650$1,038,650
FieldValueIRS element (for citing)
Total Program Service Revenue$21,729,674TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,261,680TotalRevenueColumnAmt
Exclusion$2,261,680ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$152SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$152SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$152TotalRevenueColumnAmt
Exclusion$152ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$387,020TotalRevenueColumnAmt
Exclusion$387,020ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$387,020OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,426,520TotalRevenueColumnAmt
Related Or Exempt Func Income$21,729,674RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,648,852ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$360,391TotalAmt
Management And General$360,391ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,226,217TotalAmt
Program Services$6,272,905ProgramServicesAmt
Management And General$953,312ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$229,118TotalAmt
Program Services$198,892ProgramServicesAmt
Management And General$30,226ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,059,259TotalAmt
Program Services$919,517ProgramServicesAmt
Management And General$139,742ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$531,450TotalAmt
Program Services$458,522ProgramServicesAmt
Management And General$72,928ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,016,332TotalAmt
Management And General$1,016,332ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$13,675TotalAmt
Management And General$13,675ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$143,004TotalAmt
Management And General$143,004ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$116,788TotalAmt
Management And General$116,788ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$206,716TotalAmt
Program Services$190,717ProgramServicesAmt
Management And General$15,999ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$24,487TotalAmt
Management And General$24,487ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$208,167TotalAmt
Program Services$20,462ProgramServicesAmt
Management And General$187,705ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$297,189TotalAmt
Program Services$241,038ProgramServicesAmt
Management And General$56,151ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,397,754TotalAmt
Program Services$4,216,942ProgramServicesAmt
Management And General$180,812ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,440TotalAmt
Management And General$6,440ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$29,545TotalAmt
Program Services$2,500ProgramServicesAmt
Management And General$27,045ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$670,293TotalAmt
Program Services$624,579ProgramServicesAmt
Management And General$45,714ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,888,999TotalAmt
Program Services$5,487,373ProgramServicesAmt
Management And General$401,626ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$291,392TotalAmt
Program Services$271,519ProgramServicesAmt
Management And General$19,873ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MEDICAL SERVICES & EXP.$1,448,566$1,274,893$173,673
REAL ESTATE TAXES$760,874$708,983$51,891
LAND LEASE$207,509$193,357$14,152
RESIDENT ACTIVITIES$82,306$82,306

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$133,291TotalAmt
Program Services$71,405ProgramServicesAmt
Management And General$61,886ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$25,349,762TotalAmt
Program Services$21,235,910ProgramServicesAmt
Management And General$4,113,852ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,134,308BOYAmt
EOY$10,043,557EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,829,730BOYAmt
EOY$2,662,011EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$700,520BOYAmt
EOY$747,270EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,576,058BOYAmt
EOY$1,320,216EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$90,354,751LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$52,125,508LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,034,031BOYAmt
EOY$38,229,243EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$48,220,604BOYAmt
EOY$44,948,232EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$374,063BOYAmt
EOY$497,067EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$102,869,314BOYAmt
EOY$98,447,596EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,668,484BOYAmt
EOY$2,402,467EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,341,864BOYAmt
EOY$1,374,075EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,987,737BOYAmt
EOY$13,363,106EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$110,495,543BOYAmt
EOY$115,705,299EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$128,493,628BOYAmt
EOY$132,844,947EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$25,762,377BOYAmt
EOY-$34,558,418EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$138,063BOYAmt
EOY$161,067EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$25,624,314BOYAmt
EOY-$34,397,351EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$102,869,314BOYAmt
EOY$98,447,596EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$923,242ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$9,445,670NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,595,875OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,271CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,900CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$17,326CurrentTaxYearMinus1YearAmt
Current Tax Year$47,994CurrentTaxYearAmt
Total$111,091TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,302,013CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,737,069CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,923,338CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,047,247CurrentTaxYearMinus1YearAmt
Current Tax Year$21,729,674CurrentTaxYearAmt
Total$96,739,341TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,314,284CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,761,669CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18,932,238CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$19,064,573CurrentTaxYearMinus1YearAmt
Current Tax Year$21,777,668CurrentTaxYearAmt
Total$96,850,432TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,418CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$129,100CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$134,356CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$121,813CurrentTaxYearMinus1YearAmt
Current Tax Year$159,670CurrentTaxYearAmt
Total$669,357TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$124,418CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$129,100CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$134,356CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$121,813CurrentTaxYearMinus1YearAmt
Current Tax Year$159,670CurrentTaxYearAmt
Total$669,357TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$96,181,075PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$860,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,261,111CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,329,703CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,595,566CurrentTaxYearMinus1YearAmt
Current Tax Year$2,261,680CurrentTaxYearAmt
Total$7,308,994TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$860,934CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,261,111CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,329,703CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,595,566CurrentTaxYearMinus1YearAmt
Current Tax Year$2,261,680CurrentTaxYearAmt
Total$7,308,994TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$212,252CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$313,039CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$541,918CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$262,134CurrentTaxYearMinus1YearAmt
Current Tax Year$387,020CurrentTaxYearAmt
Total$1,716,363TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$19,387,470CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,335,819CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$20,803,859CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$20,922,273CurrentTaxYearMinus1YearAmt
Current Tax Year$24,426,368CurrentTaxYearAmt
Total$105,875,789TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.90840PublicSupportCY509Pct
Public Support PY5090.91930PublicSupportPY509Pct
Investment Income CY0.06900InvestmentIncomeCYPct
Investment Income PY0.05760InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2017 AMOUNT: $ 212,252. 2018 AMOUNT: $ 313,039. 2019 AMOUNT: $ 541,918. 2020 AMOUNT: $ 262,134. 2021 AMOUNT: $ 387,020.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$138,063BeginningYearBalanceAmt
Contributions$22,939ContributionsAmt
Investment Earnings Or Losses$138InvestmentEarningsOrLossesAmt
End Year Balance$161,140EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$120,737BeginningYearBalanceAmt
Contributions$17,240ContributionsAmt
Investment Earnings Or Losses$86InvestmentEarningsOrLossesAmt
End Year Balance$138,063EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$111,837BeginningYearBalanceAmt
Contributions$8,207ContributionsAmt
Investment Earnings Or Losses$693InvestmentEarningsOrLossesAmt
End Year Balance$120,737EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$87,237BeginningYearBalanceAmt
Contributions$23,431ContributionsAmt
Investment Earnings Or Losses$1,169InvestmentEarningsOrLossesAmt
End Year Balance$111,837EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$74,967BeginningYearBalanceAmt
Contributions$12,178ContributionsAmt
Investment Earnings Or Losses$92InvestmentEarningsOrLossesAmt
End Year Balance$87,237EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$72,784,695OtherCostOrOtherBasisAmt
Depreciation$45,384,958DepreciationAmt
Book Value$27,399,737BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,570,056OtherCostOrOtherBasisAmt
Depreciation$6,740,550DepreciationAmt
Book Value$10,829,506BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$38,229,243TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
REFUNDABLE DEPOSITS & INTEREST$336,000
DEFERRED ENTRANCE FEES$6,648,958
REFUNDABLE ENTRANCE FEES$107,010,083
FAIR VALUE OF INTEREST SWAP$1,535,205
DUE TO AFFILIATES$175,053
FieldValueIRS element (for citing)
Total Liability$115,705,299TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$16,488,478TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$9,445,670NetUnrealizedGainsInvstAmt
Other Revenue$1,595,875OtherRevenueAmt
Revenue Not Reported-$7,849,795RevenueNotReportedAmt
Revenue Subtotal$24,338,273RevenueSubtotalAmt
Investment Expenses Not Incld$88,247InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$88,247RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$24,426,520TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$25,261,515TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$25,261,515ExpensesSubtotalAmt
Investment Expenses Not Incld2$88,247InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$88,247ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$25,349,762TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE VILLAGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE VILLAGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE VILLAGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE VILLAGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE VILLAGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS AFTER THE DATE OF FILING.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 1,595,875.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL ALEXANDER
PRESIDENT - LASELL UNIVERSITY$0$381,936$0$47,643$0$10,908$0$131,730$0$11,790$0$584,007$0$0
ANNE E DOYLE
PRESIDENT - LASELL VILLAGE$0$236,284$0$29,800$0$1,188$0$9,434$0$1,104$0$277,810$0$0
ALESSANDRO VIANELLO
CFO & TREASURER$153,161$0$9,400$0$329$0$11,487$0$26,407$0$200,784$0$0$0
RUTH BUTTA
RN$167,236$0$0$0$224$0$6,895$0$9,904$0$184,259$0$0$0
ELIZABETH IHENACHO
RN SUPERVISOR$146,020$0$0$0$863$0$5,227$0$26,849$0$178,959$0$0$0
CHERYL SACKS
DIRECTOR OF MARKETING$127,535$0$14,000$0$1,148$0$9,535$0$22,996$0$175,214$0$0$0
EDNY PASCAL
RN$153,638$0$0$0$392$0$7,027$0$0$0$161,057$0$0$0
BASIL STEWART
FMR VP ADMIN/FINAN-LASELL UNIVERSITY$0$87,591$0$4,800$0$27,809$0$8,338$0$16,081$0$144,619$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4BDURING THE CALENDAR YEAR ENDED DECEMBER 31, 2021 THE COLLEGE OFFERED RETIREMENT PLANS PURSUANT TO SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN EMPLOYEES, AS FOLLOWS: MICHAEL ALEXANDER, $100,000.
PART I, LINE 7AS DETAILED ON SCHEDULE J, PART II, BONUSES WERE AWARDED TO CERTAIN EMPLOYEES DURING THE YEAR. BONUSES WERE AWARDED AT THE DISCRETION OF THE PRESIDENT OF LASELL UNIVERSITY AND THE PRESIDENT OF LASELL VILLAGE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS DEVELOPMENT FINANCE AGENCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2014-06-19BondIssuedDt
Issue Price$17,906,000IssuePriceAmt
PurposeREFINANCE 2007 BONDS.PurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$4,407,000RetiredAmt
Total Proceeds$17,906,000TotalProceedsAmt
Issuance Costs From Proceeds$201,000IssuanceCostsFromProceedsAmt
Other Spent Proceeds$17,705,000OtherSpentProceedsAmt
Substantial Completion2007SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate DueYes (1)NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And RecYes (1)HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line1BANK OF AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
Term Of Hedge30.000000000000TermOfHedgePct
Superintegrated Hedge0SuperintegratedHedgeInd
Hedge Terminated0HedgeTerminatedInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution13ContributionCnt
Noncash Contributions Rpt F990$25,055NoncashContributionsRptF990Amt
Method Of Determining RevenuesART CONSULTANTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE GOVERNING BODY OF LASELL VILLAGE HAS AUTHORIZED LASELL UNIVERSITY THROUGH A MANAGEMENT CONTRACT AS THE MANAGEMENT COMPANY TO PERFORM THE MANAGEMENT DUTIES TYPICALLY HANDLED BY DIRECT SUPERVISION OF OFFICERS OR KEY EMPLOYEES. LASELL VILLAGE SHALL HAVE THE RIGHT, UPON NOTICE TO LASELL UNIVERSITY, TO CHANGE, REPEAL OR ALTER POLICIES ADOPTED AND/OR IMPLEMENTED BY LASELL UNIVERSITY IN CONNECTION WITH MANAGING THE DAY-TO-DAY OPERATIONS.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM WAS PROVIDED TO ALL BOARD MEMBERS AND WAS REVIEWED BY THE BOT AT THE MEETING HELD ON APRIL 20, 2023 PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12COUR ORGANIZATION REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH OUR WRITTEN CONFLICT OF INTEREST POLICY BY HAVING EACH TRUSTEE, PRINCIPAL OFFICERS AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEIR UNDERSTANDING OF THE POLICY AND THEY INDICATE WHETHER OR NOT A CONFLICT EXISTS. THE POLICY IS ALSO REVIEWED ANNUALLY WITH MANAGERS AND WHICH IN TURN REVIEW ANNUALLY WITH THEIR STAFF.
FORM 990, PART VI, SECTION B, LINE 15LASELL VILLAGE'S BOARD OF TRUSTEES IN CONSULTATION WITH THE PRESIDENT OF LASELL UNIVERSITY CONDUCT AN ANNUAL WRITTEN EVALUATION OF LASELL VILLAGE'S PRESIDENT AND ESTABLISHES COMPENSATION BASED ON A COMPARISON OF PRESIDENTS AT SIMILAR SIZED INSTITUTIONS. LASELL VILLAGE'S PRESIDENT CONDUCTS AN ANNUAL WRITTEN EVALUATION OF KEY EMPLOYEES TAKING INTO ACCOUNT COMPENSATION OF PEERS AT SIMILAR SIZED INSTITUTIONS.
FORM 990, PART VI, SECTION C, LINE 19THE 990 IS AVAILABLE ON GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 1023 IS AVAILABLE UPON REQUEST. ALSO AVAILABLE UPON REQUEST ARE OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS.
FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETCGERRY DEROCHE - 143 HUNTERS RIDGE RD., CONCORD, MA 01742. FRED PRYOR - 221 NOBSCOT ROAD, SUDBURY, MA 01776.
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF INTERST RATE SWAP 1,595,875.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
LASELL UNIVERSITY
1844 COMMONWEALTH AVENUENEWTONMA02466042103585EDUCATIONMA501(C)(3)LINE 2LASELL INC0
LASELL INC
1844 COMMONWEALTH AVENUENEWTONMA02466861070319ADMINISTRATIVE SUPPORTMA501(C)(3)LINE 12B, II0N/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1Txt

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