2022-02-22T07:56:11-06:00 2021-04-30 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET SUITE 401 CONCORD NH 03301 990PF 2020-05-01 020222149 TAYLOR COMMUNITY TAYL 6035245600 435 UNION AVENUE LACONIA NH 03246 MICHAEL FLAHERTY CEO 6035245600 2022-02-21 1 MICHAEL FLAHERTY 999009999 ORESTE J MOSCA CPA P00366101 6032245357 2022-02-21 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X X 80480939 X 4668950 344306 344306 344306 51710 51710 41315 130225 2156388 132765 0 17112909 0 17112909 22308100 477071 17508925 371819 0 371819 0 7553534 0 6899481 654053 2054300 0 1885336 168964 174594 0 174594 0 62271 0 62271 0 27554 0 27554 0 697609 0 613324 84285 544112 0 479628 64484 2557137 0 2557137 724602 0 641749 82853 270936 0 246953 23983 4165516 0 3791441 374075 19203984 0 17751287 1452697 6300 6300 19210284 0 17751287 1458997 3097816 477071 0 9176 800 800 6967086 6483763 6483763 706895 385551 706895 706895 191776 0 196776 191776 191776 71311 95999 95999 359513 453927 453927 522858 306786 306786 4081520 6043905 6044405 2468799 2635311 2699475 0 132137 132137 6341220 8062101 8062573 79278384 36205585 39686768 43072799 43072799 7387275 12229604 12229604 68477853 80415803 80480939 1588771 1773237 38153274 39568862 15434022 18302504 1373041 818386 56549108 60462989 X -1506432 3762152 13435177 16190662 11928745 19952814 68477853 80415803 11928745 3097816 4926253 19952814 0 19952814 SALE OF INVESTMENTS P 2156388 2023623 132765 132765 132765 0 X 1985-12-09 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 NH 1 1 0 0 0 1 WWW.TAYLORCOMMUNITY.ORG ED SOUCY 6035245600 435 UNION AVENUE LACONIA NH 03246 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 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 141691 21707 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 230128 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 MARK LATHAM 435 UNION AVENUE LACONIA NH 03426 VP OF CLINICAL OPERA 40.00 166585 21201 0 TAMARA STEVENS 435 UNION AVENUE LACONIA NH 03426 SALES 40.00 160934 20916 0 KIRK BESWICK 435 UNION AVENUE LACONIA NH 03426 VP OF FACILITIES 40.00 150615 12350 0 CHARLENE SANTORO 435 UNION AVENUE LACONIA NH 03426 VP OF HEALTH SERVICE 40.00 135219 14272 0 DANIELLE BERTAGNA 435 UNION AVENUE LACONIA NH 03426 SALES 40.00 135919 7554 0 0 SHEEHAN PHINNEY BASS & GREEN PO BOX 3701 MANCHESTER NH 03105 LEGAL SERVICES 232777 NATHAN WECHSLER & CO PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 ACCOUNTING SERVICES 52161 0 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. 21809131 0 15297319 6730412 741702 22769433 0 0 22769433 341541 22427892 1121395 X 1458997 0 5246072 6705069 0 6705069 1985-12-09 X 0 1000221 907354 0 1907575 0 850188 771251 0 1621439 6705069 8406913 4381828 4712007 24205817 0 0 0 0 0 6705069 8406913 4381828 4712007 24205817 0 0 747597 666814 604903 461407 2480721 0 0 0 0 X BELKNAP MILL 25 BEACON ST EAST LACONIA NH 03246 N/A SUPPORT OF CHARITABLE ORGANIZATION 3300 WRIGHT MUSEUM OF WWII PO BOX 1212 77 CENTER ST WOLFEBORO NH 03894 N/A SUPPORT OF CHARITABLE ORGANIZATION 3000 6300 0 ENTRANCE FEES 5455549 PERIODIC RESIDENT INCOME 11022208 14 344306 16 41315 18 130225 AUXILIARY INCOME 03 635152 0 1150998 16477757 17628755 1A-B 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. 0 0 0 0 0 0 0 0 0 0 X X 1 BANK OF NEW HAMPSHIRE - MUSIC SERIES 62 PLEASANT STREET LACONIA NH 03246 10000 X 2 ROBERT LINDSTROM 11 TAYLOR HOME DRIVE LACONIA NH 03246 16000 X 3 RAYMOND OUELLETTE 227 LEDGES DR APT 314 LACONIA NH 03246 20000 X 4 H THOMAS VOLPE 225 HADLEY ROAD EXT LACONIA NH 03246 103824 X 5 SMALL BUSINESS ADMINISTRATION 55 PLEASANT ST SUITE 3101 CONCORD NH 03301 1948396 X 6 US DEPARTMENT OF TREASURY 4241 NE 34TH ST KANSAS CITY MO 64117 506705 X 7 STATE OF NEW HAMPSHIRE GOVERNOR'S OFFICE FOR EMERGENCY RELIEF AND RECOVERY 1 EAGLE SQUARE CONCORD NH 03301 1324902 X 8 US DEPARTMENT OF HEALTH & HUMAN SERVICES 200 INDEPENDENCE AVENUE SW WASHINGTON DC 20201 313359 X PROFESSIONAL FEES 62271 0 62271 0 SALE OF PROPERTY PURCHASED 2540 COST 0 -2540 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. COMCAST CORP NEW - 3.95% 72907 72907 GOLDMAN SACHS GROUP INC - 4.5% 26594 26594 PFIZER INC. COM 27137 27137 AFLAC INC - 2.875% 48415 48415 AFLAC INC - 3.625% 54898 54898 ALTRIA GROUP INC 51485 51485 AMERICAN INTL GROUP - 3.9% 66524 66524 AMERIPRISE FINL INC 80624 80624 ANHEUSER BUSCH INBEV INC - 3.65% 55204 55204 ANTHEM INC 25000 25000 APPLE INC. 3.45% 27213 27213 BANK AMER CORP SR INTNOTES BE - 4.2% 16570 16570 BERKSHIRE HATHAWAY - 3% 25687 25687 CHEVRON CORP - 2.355% 80146 80146 CTIT GROUP 78834 78834 CME GROUP INC 21446 21446 CONOCOPHILLIPS CO - 4.15% 66564 66564 MICROSOFT CORP - 3.3% 55467 55467 EXXON MOBILE CORP - 3.043% 54271 54271 GOLDMAN SACHS - 4% 31547 31547 GOOGLE INC - 3.375% 43381 43381 INTEL CORP - 3.7% 27728 27728 JP MORGAN CHASE - 4.35% 18195 18195 JP MORGAN CHASE - 3.125% 80730 80730 MONSANTO CO NEW 58324 58324 NATIONAL RETAIL 41193 41193 PROCTER & GAMBLE CO - 3.1% 26605 26605 QUALCOMM INC SR NT - 3.45% 63672 63672 SAN DIEGO GAS & ELECTRIC 25187 25187 STATE STREET CORP 54172 54172 TOYOTA MOTOR CREDIT CORP 25266 25266 UNITEDHEALTH GROUP INC - 3.35% 51832 51832 US BANCORP 84414 84414 VISA INC - 2.8% 20745 20745 WALMART STORES INC. 26954 26954 WELLS FARGO & CO MTN - 3.55% 82509 82509 IBM CORP 63378 63378 DOVER CORP 54051 54051 CSX CORP 2.4% 101197 101197 SEMPRA ENERGY 2.875% 30799 30799 WELLS FARGO CO 3% 54001 54001 COMCAST CORP 3.15% 41191 41191 COMCAST CORP 2.65% 15448 15448 SEMPRA ENERGY 2.875% 20533 20533 ABBOTT LABORATORIES 1.15% 58218 58218 BIOGEN INC 2.25% 9699 9699 CITIGROUP INC 3% 14720 78884 DUKE REALTY PARTNERSHIP LTD 3.875% 25999 25999 O'REILLY AUTOMOTIVE INC 1.75% 46734 46734 AMGEN INC 2.3% 19730 19730 ANHEUSER-BUSCH INBEV WORLDWIDE INC 3.5% 32713 32713 VERIZON COMM 3.85% 9677 9677 AMGEN INC 2.3% 29594 29594 DISNEY WALT CO 2.65% 51317 51317 VISA INC 1.9% 30958 30958 ABBOTT LABORATORIES 1.15% 14555 14555 BIOGEN INC 2.25% 33948 33948 AIR PRODUCTS & CHEM 1.85% 25437 25437 JPMORGAN CHASE & CO 1% 33069 33069 CITIGROUP INC 1% 63287 63287 CITIGROUP INC 1% 19596 19596 COCA COLA CO 2.875% 38022 38022 STRYKER CORP 124749 124749 ILLINOIS TOOK WKS INC 93336 93336 ALPHABET INC 305955 305955 AMAZON INC 294731 294731 AUTOMATIC DATA PROCESSING IN 43008 43008 MICROSOFT CORP COM 258485 258485 MATERIALS SELECT SECTOR SPDR 73075 73075 VERIZON COMM 65592 65592 DISNEY WALT CO 89290 89290 TJX CO INC 66030 66030 APPLE INC 373346 373346 CISCO SYSTEMS INC 72801 72801 DOMINION ENERGY INC 72709 72709 ENERGY SELECT SECTOR SPDR 31610 31610 JP MORGAN CHASE & CO 206874 206874 INTERCONTINENTAL EXCHANGE CO 83574 83574 BERKSHIRE HATHAWAY INC DEL CL B NEW 144349 144349 DANAHER CORP 76182 76182 BECTON DICKINSON & CO 60958 60958 HONEYWELL INTL INC 59106 59106 LINCOLN ELEC HLDGS INC 61464 61464 O REILLY AUTOMOTIVE INC NEW COM 107812 107812 COSTCO 100464 100464 MARATHON PETE CORP COM 29995 29995 CONOCOPHILLIPS COM 29661 29661 JOHNSON & JOHNSON COM 90315 90315 LOWES COS INC 89294 89294 PEPSICO INC 124698 124698 UNITEDHEALTH GROUP INC 113658 113658 3M CO 116313 116313 ABBVIE INC 100350 100350 WASTE MGMT INC DEL COM 48979 48979 WALMART INC COM 76951 76951 EXELON CORP COM 55276 55276 FACEBOOK INC. CL A 146286 146286 F5 NETWORKS INC COM 53227 53227 VANGUARD INFO TECH ETF 404457 404457 COLGATE PAMOLIVE 55280 55780 BANK AMERICA CORP 97475 97475 AMGEN INC 88667 88667 INTEL CORP 92048 92048 ORACLE CORP 43958 43958 INVESCO SOLAR ETF 122646 122646 NETFLIX COM 61616 61616 COMMUNICATION SERVICES SECTOR 93660 93660 POLARIS INC 56012 56012 NEWELL BRANDS INC 53920 53920 HANESBRANDS INC 63180 63180 MORGAN STANLEY COM 118872 118872 AFFILIATED MANAGERS GROUP COM 61245 61245 ISHARES NASDAQ BIOTECH ETF 146908 146908 ABBOTT LABS 60040 60040 A.O. SMITH CORPORATION 67750 67750 MICRON TECHNOLOGY INC 137712 137712 ETFMG PRIME MOBILE PAYMENTS ETF 109753 109753 ADOBE SYS INC 71168 71168 ROBO GLOBAL ROBOTICS & AUTOMATION 97035 97035 87262 87262 219524 219524 FEDERATED GOVT OBLIGATION #117 I FMV 16414 16414 FEDERATED GOVT OBLIGATION #117 I FMV 2088 2088 FEDERATED GOVT OBLIGATION #117 I FMV 8176 8176 ISHARES S&P MIDCAP 400 GROWTH INDEX FMV 168827 168827 ISHARES S&P MIDCAP 400 VALUE IDX FMV 137255 137255 TOTAL INITIAL STOCK ADMIRAL FMV 1313123 1313123 VANGUARD FTSE EMERGING MARKETS FMV 99338 99338 VANGUARD MID CAP ETF FMV 258713 258713 VANGUARD S&P 500 ETF FMV 245101 245101 VANGUARD SMALL CAP ETF FMV 132892 132892 VANGUARD BALANCED INDEX FUND ADM FMV 5303186 5303658 FEDERATED HERMES FMV 170570 170570 CALVERT EQUITY FUND FMV 206418 206418 LAND & IMPROVEMENTS 5692801 646291 5046510 5046510 BUILDINGS & IMPROVEMENTS 65234545 29538804 35695741 35695741 FURNISHINGS & EQUIPMENT 8351038 6020490 2330548 2330548 PROFESSIONAL FEES 174594 0 174594 0 TRUST FUNDS HELD BY OTHERS 7387275 8954664 8954664 INVESTMENT IN SUGAR HILL 3274940 3274940 RESIDENT EXPENSE 49666 0 49666 0 EQUIPMENT EXPENSE 307771 0 291625 16146 CONTRACT WORK 279116 0 246594 32522 HOUSEKEEPING 316379 0 280054 36325 FOOD SERVICE EXPENSE 1619554 0 1428223 191331 GROUNDS - INSURANCE 511098 0 455777 55321 RELATED EXPENSES 102106 0 101129 977 OFFICE SUPPLIES 48772 0 47265 1507 LICENSES & FEES 180573 0 180509 64 MISCELLANEOUS EXPENSE 591982 0 555418 36564 PROGRAM EXPENSE 35521 0 32203 3318 COVID EXPENSES 56969 0 56969 0 OTHER NON-OPERATING EXPENSES 66009 0 66009 0 ENTRANCE FEES 5455549 5455549 PERIODIC RESIDENT INCOME 11022208 11022208 AUXILIARY INCOME 635152 635152 CHANGE IN UNREALIZED APPRECIATION OF INVESTMENTS - BOOK PURPOSES 3358863 CHANGE IN TRUST FUNDS HELD BY OTHERS 1567390 DEPOSITS ON ENTRANCE FEES 63022 130391 ANNUITIES PAYABLE 71769 57641 PAYCHECK PROTECTION PROGRAM 1238250 630354 PROFESSIONAL FEES 27554 0 27554 0 MUNICIPAL PAYMENTS AND PROVIDER TAX 533717 0 469233 64484 REAL ESTATE TAXES 10395 0 10395 0