QUAIL SUMMIT INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
QUAIL SUMMIT INC (EIN 16-1564650)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202203199349313410
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)
Return2022-11-15T12:42:18-06:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN161131146PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BONADIO & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1171 SULLYS TRAILAddressLine1Txt
CityPITTSFORDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14534ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN161564650EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1QUAIL SUMMIT INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlQUAIBusinessNameControlTxt
Phone5853961010PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line141 LEWIS STREET PO BOX 153AddressLine1Txt
CityGENEVACityNm
State AbbreviationNYStateAbbreviationCd
ZIP14456ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURA HOLLENBECKPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5853961010PhoneNum
Signature2022-11-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLAURAPersonFirstNm
Person LastHOLLENBECKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAMANDA L DELLA SALAPreparerPersonNm
PTINP02064655PTIN
Phone5853811000PhoneNum
Preparation2022-11-15PreparationDt

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 TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURA HOLLENBECKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line141 LEWIS STREET PO BOX 153AddressLine1Txt
CityGENEVACityNm
State AbbreviationNYStateAbbreviationCd
ZIP14456ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,216,784GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1989FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTO PROVIDE SUITABLE HOUSING, IMPROVED ACCESS TO HEALTH CARE, AND RELATED COMMUNITY SERVICES AND FACILITIES, IN ORDER TO MEET THE NEEDS AND REQUIREMENTS OF LOW-TO-MODERATE INCOME ELDERLY RESIDENTS.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent8VotingMembersIndependentCnt
Total Employee98TotalEmployeeCnt
Total Volunteers8TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$497,897PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,173,281PYProgramServiceRevenueAmt
CY Program Service Revenue$4,176,318CYProgramServiceRevenueAmt
PY Investment Income$1,009PYInvestmentIncomeAmt
CY Investment Income$274CYInvestmentIncomeAmt
PY Other Revenue$651,482PYOtherRevenueAmt
CY Other Revenue$40,192CYOtherRevenueAmt
PY Total Revenue$5,323,669PYTotalRevenueAmt
CY Total Revenue$4,216,784CYTotalRevenueAmt
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$2,384,638PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,260,938CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,600,484PYOtherExpensesAmt
CY Other Expenses$2,491,403CYOtherExpensesAmt
PY Total Expenses$4,985,122PYTotalExpensesAmt
CY Total Expenses$4,752,341CYTotalExpensesAmt
PY Revenues Less Expenses$338,547PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$535,557CYRevenuesLessExpensesAmt
Total Assets BOY$9,530,515TotalAssetsBOYAmt
Total Assets EOY$9,071,618TotalAssetsEOYAmt
Total Liabilities BOY$10,419,359TotalLiabilitiesBOYAmt
Total Liabilities EOY$10,334,019TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$888,844NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$1,262,401NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE SUITABLE HOUSING, IMPROVED ACCESS TO HEALTH CARE, AND RELATED COMMUNITY SERVICES AND FACILITIES, IN ORDER TO MEET THE NEEDS AND REQUIREMENTS OF LOW-TO-MODERATE INCOME ELDERLY RESIDENTS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,670,742ExpenseAmt
Revenue$4,176,318RevenueAmt
DescASSISTED LIVING AND ALZHEIMER'S COMMUNITY DESIGNED TO SERVE THE VARYING NEEDS OF INDEPENDENT, FRAIL, ELDERLY, AND MEMORY-IMPAIRED SENIOR ADULTS.Desc
Total Program Service Expenses$3,670,742TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee98EmployeeCnt
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
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 Members8GoverningBodyVotingMembersCnt
Independent Voting Member8IndependentVotingMemberCnt
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 Address0OfficerMailingAddressInd
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 FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAURA HOLLENBECKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5853961010PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line141 LEWIS STREETAddressLine1Txt
CityGENEVACityNm
State AbbreviationNYStateAbbreviationCd
ZIP14456ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
PHIL BECKLEY
PRESIDENT1.00Yes (X)Yes (X)$0$0$0
TOM WOOD
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MARTIN E EADES ESQ
SECRETARY1.00Yes (X)Yes (X)$0$0$0
JAMES VEDORA
TREASURER1.00Yes (X)Yes (X)$0$0$0
ROSEMARY PARK
DIRECTOR1.00Yes (X)$0$0$0
JAMES R HARVEY
DIRECTOR1.00Yes (X)$0$0$0
SUZANNE BLATCHFORD
DIRECTOR1.00Yes (X)$0$0$0
ROBERT SOLLENNE
DIRECTOR1.00Yes (X)$0$0$0
ANDREW TYMAN
C.E.O./CHAIRMAN1.00Yes (X)$169,544$0$30,93735.00
LAURA HOLLENBECK
EXECUTIVE DIRECTOR35.00Yes (X)$127,519$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$297,063TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$30,937TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESIDENT SERVICE REVEN623990$4,013,192$4,013,192
OTHER PROGRAM SERVICES623990$163,126$163,126
FieldValueIRS element (for citing)
Total Program Service Revenue$4,176,318TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$274TotalRevenueColumnAmt
Exclusion$274ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANOUS INCOMEDesc
Business812900BusinessCd
Total Revenue Column$40,192TotalRevenueColumnAmt
Exclusion$40,192ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$40,192OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,216,784TotalRevenueColumnAmt
Related Or Exempt Func Income$4,176,318RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$40,466ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,826,223TotalAmt
Program Services$1,459,524ProgramServicesAmt
Management And General$366,699ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$271,325TotalAmt
Program Services$163,150ProgramServicesAmt
Management And General$108,175ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$163,390TotalAmt
Program Services$121,963ProgramServicesAmt
Management And General$41,427ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$432,448TotalAmt
Program Services$16,377ProgramServicesAmt
Management And General$416,071ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$40,811TotalAmt
Management And General$40,811ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$83,127TotalAmt
Program Services$27,483ProgramServicesAmt
Management And General$55,644ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$333,198TotalAmt
Program Services$323,269ProgramServicesAmt
Management And General$9,929ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$369,816TotalAmt
Program Services$369,816ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$529,369TotalAmt
Program Services$529,369ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$64,052TotalAmt
Program Services$64,052ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FOOD$258,350$258,350
LICENSES AND TAXES$217,360$217,210$150
OTHER EXPENSES$78,742$56,828$21,914
MEDICAL SUPPLIES$52,397$52,397

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$31,733TotalAmt
Program Services$10,954ProgramServicesAmt
Management And General$20,779ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,752,341TotalAmt
Program Services$3,670,742ProgramServicesAmt
Management And General$1,081,599ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$369,600BOYAmt
EOY$596,421EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$231,964BOYAmt
EOY$232,289EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$20,817BOYAmt
EOY$28,196EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$87,576BOYAmt
EOY$131,145EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$16,064,455LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,307,251LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,104,079BOYAmt
EOY$7,757,204EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$716,479BOYAmt
EOY$326,363EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,530,515BOYAmt
EOY$9,071,618EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$133,555BOYAmt
EOY$248,509EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$69,069BOYAmt
EOY$70,115EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$10,209,035BOYAmt
EOY$10,011,470EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,700BOYAmt
EOY$3,925EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,419,359BOYAmt
EOY$10,334,019EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$888,844BOYAmt
EOY-$1,262,401EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$888,844BOYAmt
EOY-$1,262,401EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,530,515BOYAmt
EOY$9,071,618EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$535,557ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$162,000OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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$250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$354CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$497,897CurrentTaxYearMinus1YearAmt
Total$498,501TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,435,644CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,527,950CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,485,608CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,173,281CurrentTaxYearMinus1YearAmt
Current Tax Year$4,176,318CurrentTaxYearAmt
Total$21,798,801TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,435,894CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,528,304CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,485,608CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,671,178CurrentTaxYearMinus1YearAmt
Current Tax Year$4,176,318CurrentTaxYearAmt
Total$22,297,302TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$22,297,302PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,251CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,540CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,301CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,009CurrentTaxYearMinus1YearAmt
Current Tax Year$274CurrentTaxYearAmt
Total$6,375TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,251CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,540CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,301CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,009CurrentTaxYearMinus1YearAmt
Current Tax Year$274CurrentTaxYearAmt
Total$6,375TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$63,635CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$39,788CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$19,917CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$651,482CurrentTaxYearMinus1YearAmt
Current Tax Year$40,192CurrentTaxYearAmt
Total$815,014TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,501,780CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,569,632CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,506,826CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,323,669CurrentTaxYearMinus1YearAmt
Current Tax Year$4,216,784CurrentTaxYearAmt
Total$23,118,691TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96450PublicSupportCY509Pct
Public Support PY5090.96430PublicSupportPY509Pct
Investment Income CY0.00030InvestmentIncomeCYPct
Investment Income PY0.00030InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,100,000OtherCostOrOtherBasisAmt
Book Value$1,100,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,084,915OtherCostOrOtherBasisAmt
Depreciation$7,703,543DepreciationAmt
Book Value$6,381,372BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$729,525OtherCostOrOtherBasisAmt
Depreciation$603,708DepreciationAmt
Book Value$125,817BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$150,015OtherCostOrOtherBasisAmt
Book Value$150,015BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,757,204TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOTHER LIABILITIESDesc
Amt$3,925Amt
FieldValueIRS element (for citing)
Total Liability$3,925TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$4,398,432TotalRevEtcAuditedFinclStmtAmt
Other Revenue$181,648OtherRevenueAmt
Revenue Not Reported$181,648RevenueNotReportedAmt
Revenue Subtotal$4,216,784RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,216,784TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,771,989TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$19,648OtherExpensesIncludedAmt
Expenses Not Reported$19,648ExpensesNotReportedAmt
Expenses Subtotal$4,752,341ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,752,341TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:INSURANCE PROCEEDS 181,648.
PART XII, LINE 2D - OTHER ADJUSTMENTS:LOSS ON INSURANCE CLAIM 19,648.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
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 Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonANDREW TYMANPersonNm
TitleC.E.O./CHAIRMANTitleTxt
Base Compensation Filing Org$169,544BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$30,937NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$200,481TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1GENEVA HOUSING AUTHORITY SERIES 2014 ABBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN166013650BondIssuerEIN
Bond Issued2014-10-31BondIssuedDt
Issue Price$6,635,000IssuePriceAmt
PurposeREFINANCEPurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$1,562,742RetiredAmt
Total Proceeds$6,635,000TotalProceedsAmt
Issuance Costs From Proceeds$132,700IssuanceCostsFromProceedsAmt
Other Spent Proceeds$6,502,300OtherSpentProceedsAmt
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation Made0FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Owning Bond Financed Property0OwningBondFinancedPropertyInd
Any Lease ArrangementsYes (1)AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd PropYes (1)MgmtContractBondFincdPropInd
Engage Bond Counsel ContractsYes (1)EngageBondCounselContractsInd
Any Research Agreements0AnyResearchAgreementsInd
Private Bus Use By Others0.00200PrivateBusUseByOthersPct
Total Private Business Use0.00200TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test0BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop0ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd0ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due YetYes (1)RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate Due0NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And Rec0HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor Reqs0WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

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

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3MANAGEMENT OVERSIGHT SERVICES ARE PROVIDED BY GENEVA HOUSING AUTHORITY.
FORM 990, PART VI, SECTION B, LINE 11BCEO & TREASURER REVIEW FORM 990 FORM PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY WITH AN ANNUAL REVIEW.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION OF THE ORGANIZATION'S CEO IS PAID BY THE GENEVA HOUSING AUTHORITY AND IS BASED ON A MANAGEMENT SERVICE AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:INSURANCE PROCEEDS 181,648. LOSS ON INSURANCE CLAIM -19,648.
FORM 990, PART XII, LINE 2C:NO CHANGE FROM PRIOR YEAR.
FORM 990 PART VII SECTION A LINE 1ATHE C.E.O./CHAIRMAN AND EXECUTIVE DIRECTOR ARE NOT COMPENSATED BY THE ORGANIZATION OR A RELATED PARTY. THE COMPENSATION INFORMATION OF THE C.E.O./CHAIRMAN AND EXECUTIVE DIRECTOR IS INCLUDED HERE AS THESE INDIVIDUALS ARE OFFICERS OF QUAIL SUMMIT INC.

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