2023-11-13T10:03:02-06:00 2022-12-31 201260740 STOLBERG EBBELING & BLANCHETTE LLP 41 ELM STREET WORCESTER MA 016092573 990 2022-01-01 042943796 GODDARD AND HALL SENIOR LIVING INC GODD 5087534890 1199 MAIN STREET WORCESTER MA 01603 JOAN E CUSSON EXECUTIVE DIRECTOR 5087534890 2023-11-08 1 JOAN CUSSON XXX-XX-XXXX 0 GLENN M CREAVEN CPA P01215518 5083633000 2023-11-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X JOAN E CUSSON 1199 MAIN STREET WORCESTER MA 01603 4667080 0 X WWW.GODDARDHOMESTEAD.ORG X 1987 MA TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 11 11 150 0 0 0 32560 258278 2634072 2973115 245824 105477 87920 73148 3000376 3410018 0 0 0 0 1897871 2187146 0 0 0 1246942 1658717 3144813 3845863 -144437 -435845 13387664 12875767 7282342 7638625 6105322 5237142 TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 0 0 2965164 3028263 PROVIDING HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 2965164 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 150 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 1 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 MA X JOAN E CUSSON 5087534890 1199 MAIN STREET WORCESTER MA 01603 CHRISTOPHER L SALTER PRESIDENT/TRUSTEE 2.00 X X 0 0 0 THOMAS V ROUVINA TREASURER/TRUSTEE 2.00 X X 0 0 0 JON PAUL PLOUFFEE CLERK/TRUSTEE 2.00 X X 0 0 0 MARGARET CLANCEY TRUSTEE 2.00 X 0 0 0 ANGELA PENNY TRUSTEE 2.00 X 0 0 0 JOHN F WOODS TRUSTEE 2.00 X 0 0 0 BRENDAN C HERLIHY TRUSTEE 2.00 X 0 0 0 JOHN L FOLEY TRUSTEE 2.00 X 0 0 0 KEVIN F EARLY TRUSTEE 2.00 X 0 0 0 MATTHEW F ERSKINE TRUSTEE 2.00 X 0 0 0 HELIOS MAKO TRUSTEE 2.00 X 0 0 0 JOAN CUSSON EXECUTIVE DIRECTOR 50.00 X 120062 0 3456 TRACY KING MARKETING AND ADMISSIONS DIRECTOR 40.00 X 117584 0 6122 237646 0 9578 2 0 0 0 EGA ARCHITECTS PC ONE VERNON STREET NEWBURYPORT MA 01950 ARCHITECT 631826 ONEPOINT PARTNERS 35 MAIN STREET SUITE 211C TOPSFIELD MA 01983 DEVELOPMENT ADVISOR 275000 THE ENGINEERING CORP 282 MERRIMACK STREET LAWRENCE MA 01843 ENGINEERING ADVISOR 143931 RALLY 6543 SUMMIT STREET KANSAS CITY MO 64113 MARKETING ADVISOR 136280 4 214044 44234 258278 RESIDENTIAL REVENUE 900099 2886715 2886715 ADMISSION FEES 900099 86400 86400 2973115 87559 87559 18000 0 18000 18000 18000 1274980 1257062 17918 17918 17918 OTHER INCOME 900099 55148 55148 55148 3410018 3028263 0 123477 120062 120062 1799686 1558835 240851 21084 21084 246314 157640 88674 26230 26230 40355 40355 28763 28763 431470 431470 105576 105576 93092 93092 FOOD AND DAIRY 268529 268529 UTILITIES 213224 170579 42645 REPAIRS AND MAINTENANCE 145872 145872 PROFESSIONAL FEES 135029 18861 116168 170577 107802 62775 3845863 2965164 880699 0 23609 879 173834 222515 11951529 6125096 5915555 5826433 18127 152905 7256539 6673035 13387664 12875767 28782 2731 7000000 7430801 94818 0 158742 205093 7282342 7638625 X 2132316 1823284 3973006 3413858 6105322 5237142 13387664 12875767 X -435845 -241080 -191255 X X 0 1 X 1 0 X 26987 23112 47788 32560 2184667 2315114 2517694 2529814 2479200 2634072 2973115 13133895 86186 77651 58852 69920 55148 347757 2630867 2630577 2585840 2736552 5212930 15796766 0 0 0 15796766 149727 155194 138741 118447 105559 667668 149727 155194 138741 118447 105559 667668 2780594 2785771 2724581 2854999 5318489 16464434 0.95940 0.94890 0.04060 0.05110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3813587 200887 -352281 95430 3566763 4779611 241561 1207585 3813587 4630817 319005 170211 4779611 4490017 498845 358045 4630817 4863649 -107017 266615 4490017 0.04300 0.95700 0.00000 1 0 179572 179572 10468359 5002320 5466039 106025 103566 2459 278303 185229 93074 919270 833981 85289 5826433 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 644975 PERMANENTLY RESTRICTED ENDOWMENT 2768882 PREDEVELOPMENT COSTS 1975297 FUNDS HELD IN TRUST 1283881 6673035 SECURITY DEPOSITS 205093 205093 X 2885301 -241080 3064 -238016 3123317 25403 261298 286701 3410018 3830902 134998 134998 3695904 25403 124556 149959 3845863 PART X, LINE 2: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY U.S. GAAP. AS OF DECEMBER 31, 2022, THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE RESPECTIVE INCOME TAX AND INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS. AS OF DECEMBER 31, 2022, THE FEDERAL AND STATE RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: 2022 ACCOUNTS RECEIVABLE 18,123. 2021 DEFERRED RENT 27,623. PERPETUAL TRUST CHANGE IN VALUE -191,255. 2022 OTHER RECEIVABLES 148,573. PART XI, LINE 4B - OTHER ADJUSTMENTS: 2021 ACCOUNTS RECEIVABLE 3,919. 2022 DEFERRED RENT 47,335. 2021 OTHER RECEIVABLES 210,044. PART XII, LINE 2D - OTHER ADJUSTMENTS: 2022 ACCOUNTS PAYABLE 31,534. 2022 ACCRUED EXPENSES 81,814. 2021 PREPAID INSURANCE 21,650. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2021 ACCOUNTS PAYABLE 33,523. 2021 ACCRUED EXPENSES 68,350. 2022 PREPAID INSURANCE 22,683. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57584Y2E8 2021-12-30 7500000 PURCHASE OF NEW FACILITIES AND DEVELOPMENT COSTS 0 0 0 A 7500000 550000 150000 10180 6055942 733881 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 PART II LINES 4 AND 7 THE 2021 SCHEDULE K INCLUDED THE BALANCE OF THE PROJECT FUND (LINE 4) AND ISSUANCE COSTS PAID WITH ORGANIZATION'S OWN FUNDS (LINE 7) IN ERROR. FORM 990, PART VI, SECTION A, LINE 4 IN SEPTEMBER 2022, ARTICLES OF AMENDMENT WERE FILED TO CHANGE THE ORGANIZATION'S NAME, GODDARD/HOMESTEAD, INC., TO GODDARD AND HALL SENIOR LIVING, INC. THE ARTICLES OF AMENDMET ARE INCLUDED WITH THE INFORMATION RETURN. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE FORM 990 AND ALL ATTACHMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 QU 15A AND 15B. THE SALARIES OF THE EXECUTIVE DIRECTOR AND OTHER KEY OFFICERS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN PERPETUAL TRUST -191,255. PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.