2022-07-25T07:51:03-07:00 2021-09-30 541643141 King Shores & Preston CPAs 2707 Brambleton Ave SW Roanoke VA 24015 990 2020-10-01 020601375 Fort Norfolk Retirement Community Inc DBA Harbors Edge FORT 7572336478 One Colley Avenue Norfolk VA 23510 Hisham Fahim Controller 2022-07-25 true Hisham Fahim 999009999 Russell T Shores P01237270 5407760771 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z H Edward Davidson One Colley Avenue Norfolk VA 23510 34637033 false X www.harborsedgenorfolk.com X 2002 VA Our mission is to provide seniors with a full continuum of healthcare in an atmosphere of comfort, security and exceptional service. 9 9 315 0 628589 45061 20780040 27053815 684766 919520 38261 39026 22131656 28057422 500 0 9098941 9585064 0 0 14448011 18666400 23546952 28251964 -1415296 -194542 230622464 328616992 282391802 381232312 -51769338 -52615320 Our mission is to provide seniors with a full continuum of healthcare in an atmosphere of comfort, security and exceptional service. false false 24740045 500 27053815 As a Life Care Community, Harbor's Edge provides Residential Living, Assisted Living, Memory Support and Skilled Nursing Services to meet a full continuum of care for its residents. The partially refundable Entrance Fee Deposit plans are a useful estate planning tool, while the Life Care benefit provides residents with discounted monthly fees for nursing and assisted living services as they transition permanently to a higher level of care. 24740045 true true false false false false false false false false true false false true true false false true false false false false false false false false false false false true true false false true false false false false false false false false false false false false true false false false true 97 0 false 315 true false false false false false false false 0 false false false false false false false X 9 9 false true false false false false false true true false false false true true true true true true true false X X Hisham Fahim 7576167948 One Colley Avenue Norfolk VA 23510 Catherine A L'Heureux Former CFO 40.00 0.00 X 232362 0 9867 Whitney Gwaltney Senior Living Counselor 40.00 0.00 167331 0 11032 Beat Meier VP Dining Ops 40.00 0.00 121059 0 23310 Steven Nelson COO 40.00 0.00 X 115596 0 24880 Emilie Gomez RN Supervisor 40.00 0.00 110360 0 9924 Bonnie Thrift DR of Nursing 40.00 0.00 88847 0 19153 William R Van Buren III Sec/Treas 1.00 0.00 X X 0 0 0 Jack Kavanaugh Director 1.00 0.00 X 0 0 0 H Edward Davidson Chairman 1.00 0.00 X X 0 0 0 Jennifer Sanford Director 1.00 0.00 X 0 0 0 Jody Wagner Vice Chair 1.00 0.00 X X 0 0 0 Guy Tower Director 1.00 0.00 X 0 0 0 LD Britt MD MPH Director 1.00 0.00 X 0 0 0 Thomas J Knox Director 1.00 0.00 X 0 0 0 Beth M Duke Director 1.00 0.00 X 0 0 0 835555 98166 5 false true false StudioSix5 811 Barton Springs Road Austin TX 78704 Construction 2329342 Clark Nexsen 4525 Main Street 1400 Virginia Beach VA 23462 Construction 1130823 Virginia Health Rehabiliation Agency 240 Nat Turner Boulevard Newport News VA 23606 Physical Therapy 415913 HR Business Solutions 1895-A Billingsgate Circle Henrico VA 23238 COO 370021 Gary J Hanson AIA PO Box 71 Zuni VA 23898 Construction 207238 13 45061 45061 Entrance Fees 623000 8145103 8145103 Nursing & Therapy Svcs 623000 3168143 3168143 Resident Services 623000 15740569 15740569 27053815 498555 498555 0 0 39026 39026 39026 39026 7000576 6579611 420965 420965 420965 0 0 0 0 28057422 27053815 958546 500 500 0 0 0 561068 561068 0 7715655 6645716 1069939 112629 97011 15618 521337 449043 72294 674375 580859 93516 1314884 1132547 182337 0 70794 70794 0 0 139393 139393 0 816486 816486 182845 157490 25355 227973 196360 31613 0 6160397 5823418 336979 0 0 0 0 0 4736421 4457317 279104 406855 350436 56419 Supplies 1901393 1637725 263668 Contract Services 1528413 1316466 211947 Building Maintenance 263769 249341 14428 Other Fees 214725 184949 29776 702052 644381 57671 28251964 24740045 3511919 0 6629220 2705482 34821582 71500098 0 1374101 1661777 0 0 0 39773 47605 354896 633555 239009830 42906832 66727138 196102998 20344054 21110676 0 0 4544 4544 100327156 34850257 230622464 328616992 11674670 5128015 103282465 142698313 154814128 221919297 12620539 11486687 282391802 381232312 X -51769338 -52615320 -51769338 -52615320 230622464 328616992 X -194542 -93204 -558236 X false true X true false X 628589 45061 673650 21754304 22409952 22511186 20780040 27053815 114509297 0 0 0 21754304 22409952 22511186 21408629 27098876 115182947 0 0 115182947 293054 504120 581995 573772 498555 2451496 0 293054 504120 581995 573772 498555 2451496 0 36054 36715 37510 38261 39026 187566 22083412 22950787 23130691 22020662 27636457 117822009 0.97760 0.97780 0.02080 0.02060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 229604072 37321912 192282160 7875058 4447610 3427448 1530700 1137310 393390 196102998 Construction in Progress 34849807 Deposits 450 Due from Affiliates 34850257 Deferred Management Fees 3063924 Due to Affiliates 276 Resident Deposits 7676871 Right of Use Asset 745616 11486687 false false false false false false false false false Catherine A L'Heureux Former CFO 206923 25068 371 9867 242229 Whitney Gwaltney Senior Living Counselor 76398 90451 482 5050 5982 178363 A Norfolk Redevelopment & H 546001466 655909CH0 2014-12-17 56328643 See Part VII false true false B Norfolk Redevelopment & H 546001466 655909CH0 2019-03-01 203084243 See Part VII false true false A 5860445 56328643 3633094 43507226 1126573 2822198 5239552 true false true true B 203084243 7733760 4061685 191288798 true false true true A false true false false 0.01000 0.01000 false false true B false true false false 0.01000 0.01000 false false true A false false false true false false false true B false false false true false false false true A true B false Part VI Part I, line A, column (f):The bonds were issued to refund 2004 and 2010 bond issues; to finance certain pre-development costs associated with a planned expansion of the existing facility; and to pay costs of various renovations, improvements and equipment purchases with respect to the existing facility.Part I, line B, column (f):The bonds were issued to finance the costs associated with the construction and equipping of an additional facility; and to pay costs of various renovations, improvements and equipment purchases with respect to the existing facility.Part IV, column A, line 2c:The rebate computation was performed January 14, 2022 for the period December 17, 2014 to December 17, 2021.Part IV, column B, line 2c:The rebate computation was performed June 22, 2022 for the period March 28, 2019 to March 28, 2022. Kaufman & Canoles PC See Part V 82157 See Part V false Schedule L, Part V Supplemental Information Part IV, Line (1)(b) and (1)(d):Kaufman & Canoles P.C. provides legal services to Fort Norfolk Retirement Community. William R. Van Buren III, who is a member of the Board of Directors of Fort Norfolk Retirement Community, is also a director and officer of Kaufman & Canoles P.C. Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Volder Consulting, Inc. of Norfolk, Virginia is engaged to provide the day-to-day management of the community. Whenever C.A. Volder III acts as the Executive Director and/or CEO, he does so without compensation.The details of the management fee payments to Volder Consulting, Inc. are as follows:Current Management Fees $ 390,000Deferred Management Fees due for the period 6/1/2009-5/31/2010 271,482Phase II Development Services 225,000Client Development Services 675,000Total fees paid, current and deferred from past periods(s) $ 1,561,482 Form 990, Part VI, Line 11b: Form 990 Review Process The completed Form 990 is reviewed by the Finance Committee of the Board of Directors prior to submission. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Employees and Board members are covered by the Organization's conflict of interest policy. For employees, this policy is outlined in the employee handbook which is presented and discussed in new employee orientation. Each employee signs a statement acknowledging that he or she has received all policies and understands them. With regard to Board members, there is a Code of Conduct and Conflict of Interest Policy that is reviewed annually by the Board. Acknowledgement of the receipt of this policy, noting any potential conflicts, is signed by every Board member. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation for the Executive Director and senior management positions is reviewed periodically by a third party consultant. Information from Form 990 for similar organizations as well as surveys are utilized to determine the adequacy and appropriateness of compensation. The results of this analysis are provided to the Board of Directors at an interval of no longer than every three years. The Board then approves compensation ranges based upon the benchmark data provided. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation for the Executive Director and senior management positions is reviewed periodically by a third party consultant. Information from Form 990 for similar organizations as well as data from third party surveys are utilized to determine the adequacy and appropriateness of compensation. The results of this analysis are provided to the Board of Directors at an interval of no longer than every three years. The Board then approves compensation ranges based upon the benchmark information provided. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization makes its Form 990 available through Guidestar at www.guidestar.org and The Electronic Municipal Market Access ("EMMA") website for continuing disclosure at www.emma.msrb.org. Financial statement information is provided via EMMA and the Organization makes its governing documents, conflict of interest policy and audited financial statements available upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Adoption of ASC842 = -$558236 Form 990, Part VII, Section A, Line 1a The titles of the individual Board members as listed in Part VII, Section A, are as of September 30, 2021. Harbors Edge Foundation One Colley Avenue Norfolk VA 23510 262260106 To Enhance the Lives of Seniors Residing in Hampton Roads VA 501(c)(3) 12a Fort Norfolk Retirement Community Inc false false false false false false false false false false false false false false false false false false false false