TAYLOR HOME: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- TAYLOR HOME (EIN 02-0222149)
- Tax period
- 2020-05-01 to 2021-04-30
- Filed
- 2022-02-22
- IRS object ID
- 202230539349100003
- Schema version
- 2020v4.2
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-02-22T07:56:11-06:00 | ReturnTs |
| Tax Period End | 2021-04-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 020327524 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATHAN WECHSLER & COMPANY PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 COMMERCIAL STREET SUITE 401 | AddressLine1Txt |
| City | CONCORD | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-05-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020222149 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TAYLOR COMMUNITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TAYL | BusinessNameControlTxt |
| Phone | 6035245600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 435 UNION AVENUE | AddressLine1Txt |
| City | LACONIA | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03246 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL FLAHERTY | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 6035245600 | PhoneNum |
| Signature | 2022-02-21 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | FLAHERTY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ORESTE J MOSCA CPA | PreparerPersonNm |
| PTIN | P00366101 | PTIN |
| Phone | 6032245357 | PhoneNum |
| Preparation | 2022-02-21 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $80,480,939 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $4,668,950 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $344,306 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $344,306 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $344,306 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $51,710 | GrossRentsRevAndExpnssAmt |
| Gross Rents Adj Net Incm | $51,710 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $41,315 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $130,225 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,156,388 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $132,765 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $17,112,909 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $17,112,909 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $22,308,100 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $477,071 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $17,508,925 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $371,819 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $371,819 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $7,553,534 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $6,899,481 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $654,053 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $2,054,300 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $1,885,336 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $168,964 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $174,594 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $174,594 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $62,271 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $62,271 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $27,554 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $27,554 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $697,609 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $613,324 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $84,285 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $544,112 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $479,628 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $64,484 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,557,137 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $2,557,137 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $724,602 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $641,749 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $82,853 | OccupancyDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $270,936 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $246,953 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $23,983 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $4,165,516 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $3,791,441 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $374,075 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $19,203,984 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $17,751,287 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,452,697 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,300 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,300 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $19,210,284 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $17,751,287 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,458,997 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,097,816 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $477,071 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,176 | CashBOYAmt |
| Cash EOY | $800 | CashEOYAmt |
| Cash EOYFMV | $800 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $6,967,086 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $6,483,763 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $6,483,763 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $706,895 | AcctRcvblAmt |
| Acct Rcvbl BOY | $385,551 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $706,895 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $706,895 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $191,776 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $196,776 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $191,776 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $191,776 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Inventories BOY | $71,311 | InventoriesBOYAmt |
| Inventories EOY | $95,999 | InventoriesEOYAmt |
| Inventories EOYFMV | $95,999 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $359,513 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $453,927 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $453,927 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $522,858 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $306,786 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $306,786 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $4,081,520 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,043,905 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,044,405 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,468,799 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,635,311 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,699,475 | CorporateBondsEOYFMVAmt |
| Mortgage Loans BOY | $0 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $132,137 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $132,137 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $6,341,220 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $8,062,101 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $8,062,573 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $79,278,384 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $36,205,585 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $39,686,768 | LandBOYAmt |
| Land EOY | $43,072,799 | LandEOYAmt |
| Land EOYFMV | $43,072,799 | LandEOYFMVAmt |
| Other Assets BOY | $7,387,275 | OtherAssetsBOYAmt |
| Other Assets EOY | $12,229,604 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $12,229,604 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $68,477,853 | TotalAssetsBOYAmt |
| Total Assets EOY | $80,415,803 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $80,480,939 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,588,771 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $1,773,237 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $38,153,274 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $39,568,862 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $15,434,022 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $18,302,504 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $1,373,041 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $818,386 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $56,549,108 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $60,462,989 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$1,506,432 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $3,762,152 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $13,435,177 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | $16,190,662 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,928,745 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,952,814 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $68,477,853 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $80,415,803 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,928,745 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,097,816 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,926,253 | OtherIncreasesAmt |
| Subtotal | $19,952,814 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $19,952,814 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | SALE OF INVESTMENTS | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $2,156,388 | GrossSalesPriceAmt |
| Cost Or Other Basis | $2,023,623 | CostOrOtherBasisAmt |
| Gain Or Loss | $132,765 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $132,765 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $132,765 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1985-12-09 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NH | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.TAYLORCOMMUNITY.ORG | WebsiteAddressTxt |
| Individual With Books | ED SOUCY | IndividualWithBooksNm |
| Phone | 6035245600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 435 UNION AVENUE | AddressLine1Txt |
| City | LACONIA | CityNm |
| State Abbreviation | NH | StateAbbreviationCd |
| ZIP | 03246 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BRADFORD COOK | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE, SECRETARY | 2.00 | $0 | $0 | $0 |
| MITCHELL JEAN | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE, VICE CHAIR | 2.00 | $0 | $0 | $0 |
| RONALD BAKER III | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE, TREASURER | 2.00 | $0 | $0 | $0 |
| NANCY CRUTCHER | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DAVID LYNCH | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| BARBARA WOOD | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| DAVID PEARLMAN | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE, CHAIR | 2.00 | $0 | $0 | $0 |
| PETER MILLHAM | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| EDMUND T SOUCY | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | VP, FINANCE | 40.00 | $141,691 | $21,707 | $0 |
| SARAH LAFFEY | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| TRAVIS COLE | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| CHRIS VOLPE | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| MICHAEL FLAHERTY | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | CEO | 40.00 | $230,128 | $268 | $0 |
| PATRICIA ANDERSON | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| ROBERT MACARTHUR | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| D RUSSELL COOPER JR | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
| MATT KRAUSE | ||||||||
| 435 UNION AVENUE | LACONIA | NE | 03246 | TRUSTEE | 2.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| MARK LATHAM | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03426 | VP OF CLINICAL OPERA | 40.00 | $166,585 | $21,201 | $0 |
| TAMARA STEVENS | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03426 | SALES | 40.00 | $160,934 | $20,916 | $0 |
| KIRK BESWICK | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03426 | VP OF FACILITIES | 40.00 | $150,615 | $12,350 | $0 |
| CHARLENE SANTORO | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03426 | VP OF HEALTH SERVICE | 40.00 | $135,219 | $14,272 | $0 |
| DANIELLE BERTAGNA | ||||||||
| 435 UNION AVENUE | LACONIA | NH | 03426 | SALES | 40.00 | $135,919 | $7,554 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| SHEEHAN PHINNEY BASS & GREEN | |||||
| PO BOX 3701 | MANCHESTER | NH | 03105 | LEGAL SERVICES | $232,777 |
| NATHAN WECHSLER & CO PA | |||||
| 70 COMMERCIAL STREET 4TH FLOOR | CONCORD | NH | 03301 | ACCOUNTING SERVICES | $52,161 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATION AND MAINTENANCE OF 224 UNITS OF INDEPENDENT HOUSING AND 115 ASSISTED LIVING/NURSING UNITS TO PROVIDE HEALTH CARE MANAGEMENT AND LONG-TERM HEALTH CARE FOR ELDERLY PERSONS. | Description1Txt |
| Expenses1 | $21,809,131 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,297,319 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $6,730,412 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $741,702 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $22,769,433 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $22,769,433 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $341,541 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $22,427,892 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,121,395 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,458,997 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $5,246,072 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $6,705,069 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,705,069 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1985-12-09 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $1,000,221 | Year1Amt |
| Year2 | $907,354 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $1,907,575 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $850,188 | Year1Amt |
| Year2 | $771,251 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $1,621,439 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,705,069 | CurrentYearAmt |
| Year1 | $8,406,913 | Year1Amt |
| Year2 | $4,381,828 | Year2Amt |
| Year3 | $4,712,007 | Year3Amt |
| Total | $24,205,817 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $6,705,069 | CurrentYearAmt |
| Year1 | $8,406,913 | Year1Amt |
| Year2 | $4,381,828 | Year2Amt |
| Year3 | $4,712,007 | Year3Amt |
| Total | $24,205,817 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $747,597 | CurrentYearAmt |
| Year1 | $666,814 | Year1Amt |
| Year2 | $604,903 | Year2Amt |
| Year3 | $461,407 | Year3Amt |
| Total | $2,480,721 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BELKNAP MILL | ||||||
| 25 BEACON ST EAST | LACONIA | NH | 03246 | N/A | SUPPORT OF CHARITABLE ORGANIZATION | $3,300 |
| WRIGHT MUSEUM OF WWII | ||||||
| PO BOX 1212 77 CENTER ST | WOLFEBORO | NH | 03894 | N/A | SUPPORT OF CHARITABLE ORGANIZATION | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,300 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| ENTRANCE FEES | $5,455,549 |
| PERIODIC RESIDENT INCOME | $11,022,208 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $344,306 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $41,315 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $130,225 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AUXILIARY INCOME | Desc |
| Exclusion | 03 | ExclusionCd |
| Exclusion | $635,152 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,150,998 | ExclusionAmt |
| Related Or Exempt Function Incm | $16,477,757 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,628,755 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A-B | LineNumberTxt |
| Relationship Statement | IT IS THE TAYLOR COMMUNITY'S MISSION TO PROVIDE AFFORDABLE HOUSING AND HEALTH CARE FOR THE ELDERLY. THE COMMUNITY IS RESPONSIBLE FOR ALL PROPERTY MAINTENANCE AND PROVIDES A 24-HOUR MEDICAL ALERT SYSTEM. THE COMMUNITY OFFERS RESIDENTS A COMPREHENSIVE PACKAGE OF IN-HOME SERVICES INCLUDING HEALTH CARE, ACTIVITIES, TRANSPORTATION AND SHOPPING ASSISTANCE. AT NO TIME DOES THE COMMUNITY TRANSFER TO ANY RESIDENT ANY INTEREST IN REAL PROPERTY. THE ENTRANCE FEES AND PERIODIC RESIDENT INCOME RECEIVED HELPS TO DEFRAY THE COST OF PROVIDING LIFE-TIME CARE TO ITS RESIDENTS. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (8 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| BANK OF NEW HAMPSHIRE - MUSIC SERIES | ||||||
| 1 | 62 PLEASANT STREET | LACONIA | NH | 03246 | $10,000 | Yes (X) |
| ROBERT LINDSTROM | ||||||
| 2 | 11 TAYLOR HOME DRIVE | LACONIA | NH | 03246 | $16,000 | Yes (X) |
| RAYMOND OUELLETTE | ||||||
| 3 | 227 LEDGES DR APT 314 | LACONIA | NH | 03246 | $20,000 | Yes (X) |
| H THOMAS VOLPE | ||||||
| 4 | 225 HADLEY ROAD EXT | LACONIA | NH | 03246 | $103,824 | Yes (X) |
| SMALL BUSINESS ADMINISTRATION | ||||||
| 5 | 55 PLEASANT ST SUITE 3101 | CONCORD | NH | 03301 | $1,948,396 | Yes (X) |
| US DEPARTMENT OF TREASURY | ||||||
| 6 | 4241 NE 34TH ST | KANSAS CITY | MO | 64117 | $506,705 | Yes (X) |
| STATE OF NEW HAMPSHIRE GOVERNOR'S OFFICE FOR EMERGENCY RELIEF AND RECOVERY | ||||||
| 7 | 1 EAGLE SQUARE | CONCORD | NH | 03301 | $1,324,902 | Yes (X) |
| US DEPARTMENT OF HEALTH & HUMAN SERVICES | ||||||
| 8 | 200 INDEPENDENCE AVENUE SW | WASHINGTON | DC | 20201 | $313,359 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $62,271 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $62,271 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | SALE OF PROPERTY | AssetDesc |
| How Acquired | PURCHASED | HowAcquiredTxt |
| Basis | $2,540 | BasisAmt |
| Basis Method | COST | BasisMethodTxt |
| Sales Expense | $0 | SalesExpenseAmt |
| Total Net | -$2,540 | TotalNetAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| CHANGES PER AMENDED RETURN | AMENDED RETURN | THE 2020 TAYLOR 990-PF RETURN HAS BEEN AMENDED TO INCLUDE FORM 8594 AS TAYLOR COMMUNITY WAS THE PURCHASER OF ASSETS FROM BOTH HUGGINS HOSPITAL AND HUGGINS SENIOR HOUSING INC. THOSE FORMS HAVE BEEN INCLUDED INT HE AMENDED RETURN. NO OTHER CHANGES TO THE ORIGINALLY FILED 990-PF RETURN. |
| ADDITIONAL INFORMATION FOR PART II, LINE 6 | 8594 | THE PURCHASE AND SALE AGREEMENT CONTAINS PROVISIONS FOR A NON-COMPETITION AGREEMENT ENTERED INTO BETWEEN THE PURCHASER AND SELLER. NO SEPARATE CONSIDERATION WAS PROVIDED FOR THIS AGREEMENT. THE TERMS OF THE AGREEMENT STATE THAT SELLER COVENANTS AND AGREES, FOR THE BENEFIT OF THE BUYER AND ITS CURRENT AND FUTURE AFFILIATES, MEMBERS, SHAREHOLDERS, OFFICERS, DIRECTORS, SUBSIDIARIES, SUCCESSORS AND ASSIGNS THAT, WITHOUT FIRST OBTAINING THE EXPRESS WRITTEN CONSENT OF THE BUYER, THAT SUCH SELLER SHALL NOT, FOR A PERIOD OF THREE (3) YEARS FROM THE EFFECTIVE DATE: 02/04/21A. WITH THE EXCEPTION OF BEHAVIORAL HEALTH, SKILLED NURSING OR SIMILAR SERVICES AS PART OF ITS HOSPITAL OPERATIONS, ENGAGE IN THE DEVELOPMENT, OWNERSHIP, OPERATION OR MANAGEMENT OF ANY PROPERTY OR FACILITY DESIGNED AND USED PRIMARILY FOR THE PURPOSE OF PROVIDING ONE OR MORE TYPES OF RENTAL OR FOR-SALE SENIOR HOUSING LOCATED WITHIN FIFTEEN MILES OF THE SUGAR HILL RETIREMENT COMMUNITY; ORB. SOLICIT, DIVERT OR TAKE AWAY, OR ATTEMPT TO SOLICIT, DIVERT OR TAKE AWAY, ANY TENANTS, RESIDENTS OR EMPLOYEES OF SAID FACILITY. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (62 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| COMCAST CORP NEW - 3.95% | $72,907 | $72,907 |
| GOLDMAN SACHS GROUP INC - 4.5% | $26,594 | $26,594 |
| PFIZER INC. COM | $27,137 | $27,137 |
| AFLAC INC - 2.875% | $48,415 | $48,415 |
| AFLAC INC - 3.625% | $54,898 | $54,898 |
| ALTRIA GROUP INC | $51,485 | $51,485 |
| AMERICAN INTL GROUP - 3.9% | $66,524 | $66,524 |
| AMERIPRISE FINL INC | $80,624 | $80,624 |
| ANHEUSER BUSCH INBEV INC - 3.65% | $55,204 | $55,204 |
| ANTHEM INC | $25,000 | $25,000 |
| APPLE INC. 3.45% | $27,213 | $27,213 |
| BANK AMER CORP SR INTNOTES BE - 4.2% | $16,570 | $16,570 |
| BERKSHIRE HATHAWAY - 3% | $25,687 | $25,687 |
| CHEVRON CORP - 2.355% | $80,146 | $80,146 |
| CTIT GROUP | $78,834 | $78,834 |
| CME GROUP INC | $21,446 | $21,446 |
| CONOCOPHILLIPS CO - 4.15% | $66,564 | $66,564 |
| MICROSOFT CORP - 3.3% | $55,467 | $55,467 |
| EXXON MOBILE CORP - 3.043% | $54,271 | $54,271 |
| GOLDMAN SACHS - 4% | $31,547 | $31,547 |
| GOOGLE INC - 3.375% | $43,381 | $43,381 |
| INTEL CORP - 3.7% | $27,728 | $27,728 |
| JP MORGAN CHASE - 4.35% | $18,195 | $18,195 |
| JP MORGAN CHASE - 3.125% | $80,730 | $80,730 |
| MONSANTO CO NEW | $58,324 | $58,324 |
| NATIONAL RETAIL | $41,193 | $41,193 |
| PROCTER & GAMBLE CO - 3.1% | $26,605 | $26,605 |
| QUALCOMM INC SR NT - 3.45% | $63,672 | $63,672 |
| SAN DIEGO GAS & ELECTRIC | $25,187 | $25,187 |
| STATE STREET CORP | $54,172 | $54,172 |
| TOYOTA MOTOR CREDIT CORP | $25,266 | $25,266 |
| UNITEDHEALTH GROUP INC - 3.35% | $51,832 | $51,832 |
| US BANCORP | $84,414 | $84,414 |
| VISA INC - 2.8% | $20,745 | $20,745 |
| WALMART STORES INC. | $26,954 | $26,954 |
| WELLS FARGO & CO MTN - 3.55% | $82,509 | $82,509 |
| IBM CORP | $63,378 | $63,378 |
| DOVER CORP | $54,051 | $54,051 |
| CSX CORP 2.4% | $101,197 | $101,197 |
| SEMPRA ENERGY 2.875% | $30,799 | $30,799 |
| WELLS FARGO CO 3% | $54,001 | $54,001 |
| COMCAST CORP 3.15% | $41,191 | $41,191 |
| COMCAST CORP 2.65% | $15,448 | $15,448 |
| SEMPRA ENERGY 2.875% | $20,533 | $20,533 |
| ABBOTT LABORATORIES 1.15% | $58,218 | $58,218 |
| BIOGEN INC 2.25% | $9,699 | $9,699 |
| CITIGROUP INC 3% | $14,720 | $78,884 |
| DUKE REALTY PARTNERSHIP LTD 3.875% | $25,999 | $25,999 |
| O'REILLY AUTOMOTIVE INC 1.75% | $46,734 | $46,734 |
| AMGEN INC 2.3% | $19,730 | $19,730 |
| ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.5% | $32,713 | $32,713 |
| VERIZON COMM 3.85% | $9,677 | $9,677 |
| AMGEN INC 2.3% | $29,594 | $29,594 |
| DISNEY WALT CO 2.65% | $51,317 | $51,317 |
| VISA INC 1.9% | $30,958 | $30,958 |
| ABBOTT LABORATORIES 1.15% | $14,555 | $14,555 |
| BIOGEN INC 2.25% | $33,948 | $33,948 |
| AIR PRODUCTS & CHEM 1.85% | $25,437 | $25,437 |
| JPMORGAN CHASE & CO 1% | $33,069 | $33,069 |
| CITIGROUP INC 1% | $63,287 | $63,287 |
| CITIGROUP INC 1% | $19,596 | $19,596 |
| COCA COLA CO 2.875% | $38,022 | $38,022 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (57 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| STRYKER CORP | $124,749 | $124,749 |
| ILLINOIS TOOK WKS INC | $93,336 | $93,336 |
| ALPHABET INC | $305,955 | $305,955 |
| AMAZON INC | $294,731 | $294,731 |
| AUTOMATIC DATA PROCESSING IN | $43,008 | $43,008 |
| MICROSOFT CORP COM | $258,485 | $258,485 |
| MATERIALS SELECT SECTOR SPDR | $73,075 | $73,075 |
| VERIZON COMM | $65,592 | $65,592 |
| DISNEY WALT CO | $89,290 | $89,290 |
| TJX CO INC | $66,030 | $66,030 |
| APPLE INC | $373,346 | $373,346 |
| CISCO SYSTEMS INC | $72,801 | $72,801 |
| DOMINION ENERGY INC | $72,709 | $72,709 |
| ENERGY SELECT SECTOR SPDR | $31,610 | $31,610 |
| JP MORGAN CHASE & CO | $206,874 | $206,874 |
| INTERCONTINENTAL EXCHANGE CO | $83,574 | $83,574 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | $144,349 | $144,349 |
| DANAHER CORP | $76,182 | $76,182 |
| BECTON DICKINSON & CO | $60,958 | $60,958 |
| HONEYWELL INTL INC | $59,106 | $59,106 |
| LINCOLN ELEC HLDGS INC | $61,464 | $61,464 |
| O REILLY AUTOMOTIVE INC NEW COM | $107,812 | $107,812 |
| COSTCO | $100,464 | $100,464 |
| MARATHON PETE CORP COM | $29,995 | $29,995 |
| CONOCOPHILLIPS COM | $29,661 | $29,661 |
| JOHNSON & JOHNSON COM | $90,315 | $90,315 |
| LOWES COS INC | $89,294 | $89,294 |
| PEPSICO INC | $124,698 | $124,698 |
| UNITEDHEALTH GROUP INC | $113,658 | $113,658 |
| 3M CO | $116,313 | $116,313 |
| ABBVIE INC | $100,350 | $100,350 |
| WASTE MGMT INC DEL COM | $48,979 | $48,979 |
| WALMART INC COM | $76,951 | $76,951 |
| EXELON CORP COM | $55,276 | $55,276 |
| FACEBOOK INC. CL A | $146,286 | $146,286 |
| F5 NETWORKS INC COM | $53,227 | $53,227 |
| VANGUARD INFO TECH ETF | $404,457 | $404,457 |
| COLGATE PAMOLIVE | $55,280 | $55,780 |
| BANK AMERICA CORP | $97,475 | $97,475 |
| AMGEN INC | $88,667 | $88,667 |
| INTEL CORP | $92,048 | $92,048 |
| ORACLE CORP | $43,958 | $43,958 |
| INVESCO SOLAR ETF | $122,646 | $122,646 |
| NETFLIX COM | $61,616 | $61,616 |
| COMMUNICATION SERVICES SECTOR | $93,660 | $93,660 |
| POLARIS INC | $56,012 | $56,012 |
| NEWELL BRANDS INC | $53,920 | $53,920 |
| HANESBRANDS INC | $63,180 | $63,180 |
| MORGAN STANLEY COM | $118,872 | $118,872 |
| AFFILIATED MANAGERS GROUP COM | $61,245 | $61,245 |
| ISHARES NASDAQ BIOTECH ETF | $146,908 | $146,908 |
| ABBOTT LABS | $60,040 | $60,040 |
| A.O. SMITH CORPORATION | $67,750 | $67,750 |
| MICRON TECHNOLOGY INC | $137,712 | $137,712 |
| ETFMG PRIME MOBILE PAYMENTS ETF | $109,753 | $109,753 |
| ADOBE SYS INC | $71,168 | $71,168 |
| ROBO GLOBAL ROBOTICS & AUTOMATION | $97,035 | $97,035 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $87,262 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $87,262 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $219,524 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $219,524 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FEDERATED GOVT OBLIGATION #117 I | FMV | $16,414 | $16,414 |
| FEDERATED GOVT OBLIGATION #117 I | FMV | $2,088 | $2,088 |
| FEDERATED GOVT OBLIGATION #117 I | FMV | $8,176 | $8,176 |
| ISHARES S&P MIDCAP 400 GROWTH INDEX | FMV | $168,827 | $168,827 |
| ISHARES S&P MIDCAP 400 VALUE IDX | FMV | $137,255 | $137,255 |
| TOTAL INITIAL STOCK ADMIRAL | FMV | $1,313,123 | $1,313,123 |
| VANGUARD FTSE EMERGING MARKETS | FMV | $99,338 | $99,338 |
| VANGUARD MID CAP ETF | FMV | $258,713 | $258,713 |
| VANGUARD S&P 500 ETF | FMV | $245,101 | $245,101 |
| VANGUARD SMALL CAP ETF | FMV | $132,892 | $132,892 |
| VANGUARD BALANCED INDEX FUND ADM | FMV | $5,303,186 | $5,303,658 |
| FEDERATED HERMES | FMV | $170,570 | $170,570 |
| CALVERT EQUITY FUND | FMV | $206,418 | $206,418 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND & IMPROVEMENTS | $5,692,801 | $646,291 | $5,046,510 | $5,046,510 |
| BUILDINGS & IMPROVEMENTS | $65,234,545 | $29,538,804 | $35,695,741 | $35,695,741 |
| FURNISHINGS & EQUIPMENT | $8,351,038 | $6,020,490 | $2,330,548 | $2,330,548 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $174,594 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $174,594 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TRUST FUNDS HELD BY OTHERS | $7,387,275 | $8,954,664 | $8,954,664 |
| INVESTMENT IN SUGAR HILL | $3,274,940 | $3,274,940 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (13 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| RESIDENT EXPENSE | $49,666 | $0 | $49,666 | $0 |
| EQUIPMENT EXPENSE | $307,771 | $0 | $291,625 | $16,146 |
| CONTRACT WORK | $279,116 | $0 | $246,594 | $32,522 |
| HOUSEKEEPING | $316,379 | $0 | $280,054 | $36,325 |
| FOOD SERVICE EXPENSE | $1,619,554 | $0 | $1,428,223 | $191,331 |
| GROUNDS - INSURANCE | $511,098 | $0 | $455,777 | $55,321 |
| RELATED EXPENSES | $102,106 | $0 | $101,129 | $977 |
| OFFICE SUPPLIES | $48,772 | $0 | $47,265 | $1,507 |
| LICENSES & FEES | $180,573 | $0 | $180,509 | $64 |
| MISCELLANEOUS EXPENSE | $591,982 | $0 | $555,418 | $36,564 |
| PROGRAM EXPENSE | $35,521 | $0 | $32,203 | $3,318 |
| COVID EXPENSES | $56,969 | $0 | $56,969 | $0 |
| OTHER NON-OPERATING EXPENSES | $66,009 | $0 | $66,009 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| ENTRANCE FEES | $5,455,549 | $5,455,549 |
| PERIODIC RESIDENT INCOME | $11,022,208 | $11,022,208 |
| AUXILIARY INCOME | $635,152 | $635,152 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| CHANGE IN UNREALIZED APPRECIATION OF INVESTMENTS - BOOK PURPOSES | $3,358,863 |
| CHANGE IN TRUST FUNDS HELD BY OTHERS | $1,567,390 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEPOSITS ON ENTRANCE FEES | $63,022 | $130,391 |
| ANNUITIES PAYABLE | $71,769 | $57,641 |
| PAYCHECK PROTECTION PROGRAM | $1,238,250 | $630,354 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $27,554 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $27,554 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| MUNICIPAL PAYMENTS AND PROVIDER TAX | $533,717 | $0 | $469,233 | $64,484 |
| REAL ESTATE TAXES | $10,395 | $0 | $10,395 | $0 |
Comments