CAROLINA MEADOWS INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CAROLINA MEADOWS INC (EIN 56-1380014)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-09-06
- IRS object ID
- 202122499349300657
- Schema version
- 2020v4.1
- 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
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-09-06T10:16:36-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 WEST TRADE STREET SUITE 800 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561380014 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA MEADOWS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 9199424014 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN A MCLEOD | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 9199424014 | PhoneNum |
| Signature | 2021-09-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEVIN | PersonFirstNm |
| Person Last | MCLEOD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN NORMAN | PreparerPersonNm |
| PTIN | P01506766 | PTIN |
| Phone | 7049985200 | PhoneNum |
| Preparation | 2021-09-02 | 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 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVIN A MCLEOD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $73,010,685 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CAROLINAMEADOWS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE HOUSING, HEALTH CARE, AND OTHER SERVICES TO RESIDENTS THROUGH A LIFE PLAN COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 549 | TotalEmployeeCnt |
| Total Volunteers | 80 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $473,718 | PYContributionsGrantsAmt |
| CY Contributions Grants | $833,229 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,837,600 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,559,275 | CYProgramServiceRevenueAmt |
| PY Investment Income | $932,207 | PYInvestmentIncomeAmt |
| CY Investment Income | $781,184 | CYInvestmentIncomeAmt |
| PY Other Revenue | $22,119 | PYOtherRevenueAmt |
| CY Other Revenue | $30,987 | CYOtherRevenueAmt |
| PY Total Revenue | $39,265,644 | PYTotalRevenueAmt |
| CY Total Revenue | $42,204,675 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $787,932 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $666,044 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $21,219,168 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,463,933 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,551,380 | PYOtherExpensesAmt |
| CY Other Expenses | $19,493,189 | CYOtherExpensesAmt |
| PY Total Expenses | $40,558,480 | PYTotalExpensesAmt |
| CY Total Expenses | $42,623,166 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,292,836 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$418,491 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $115,919,056 | TotalAssetsBOYAmt |
| Total Assets EOY | $132,480,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $164,014,677 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $186,689,811 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$48,095,621 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$54,209,765 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENRICH AND IMPROVE THE LIVES OF RESIDENTS AND THOSE CONNECTED TO OUR COMMUNITY. TO SUPPORT OUR LOCAL COMMUNITY, INVEST IN THE FUTURE OF AGING, CONTRIBUTE TO THE LOCAL ECONOMY AND PARTNER ON SENIOR INITIATIVES, (CONTINUED ON SCHEDULE O) AS WELL AS PROVIDE HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO SENIOR ADULTS THROUGH THE OPERATION OF A LIFE PLAN COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $38,582,152 | ExpenseAmt |
| Grant | $666,044 | GrantAmt |
| Revenue | $40,559,275 | RevenueAmt |
| Desc | CAROLINA MEADOWS PROVIDES HOUSING, HEALTH AND WELLNESS SERVICES, AND SOCIAL OPPORTUNITIES, FOR SENIOR ADULTS IN A FINANCIALLY SECURE RETIREMENT COMMUNITY THROUGH A PERSON-CENTERED APPROACH THAT RESPECTS INDIVIDUAL DIGNITY, ENCOURAGES INDEPENDENCE, AND PROMOTES LIFELONG LEARNING THROUGHOUT THE SEQUENCES OF AGING. CAROLINA MEADOWS PROVIDED 223,801 RESIDENT DAYS OF HOUSING AND SERVICES FOR RESIDENTS LIVING WITHIN THE INDEPENDENT LIVING COMPONENT OF THE CAMPUS. IN ASSISTED LIVING, INCLUDING MEMORY CARE, THE ORGANIZATION PROVIDED 26,274 RESIDENT DAYS OF HOUSING AND SERVICES. IN SKILLED NURSING, THE ORGANIZATION PROVIDED 25,241 PATIENT DAYS OF HOUSING AND SERVICES. (CONTINUED ON SCHEDULE O)A TOTAL OF 41,554 DAYS OF CONTINUING CARE WITHOUT LODGING CONTRACTUAL SERVICES WERE PROVIDED TO AN AVERAGE OF 114 RESIDENTS LIVING OFF-CAMPUS WHO RECEIVE THE SAME ACCESS TO AMENITIES AND HEALTH CARE SERVICES OFFERED TO RESIDENTS LIVING ON-CAMPUS. GERIATRIC PHYSICIAN CARE, NURSE PRACTITIONER AND SPECIALTY PHYSICIAN CARE PROGRAMS SUCH AS AUDIOLOGY, PODIATRY, DERMATOLOGY AND DENTAL SERVICES ARE PROVIDED TO RESIDENTS IN ALL CARE LEVELS. THE CAMPUS PRIMARY CARE MEDICAL PRACTICE ALSO SEES RESIDENTS BOTH IN PERSON AND VIA TELEHEALTH VISITS.FITNESS CENTERFITNESS CENTER WAS CLOSED MID-MARCH 2020 AND REOPENED SEPTEMBER 9, 2020 WITH LIMITED OCCUPANCY RESTRICTIONS. AVERAGE CHECK INS FOR THE MONTHS OF JAN, FEB, NOV, DEC AVERAGED 1213 TOTAL CHECK INS MONTHLY. THE POOL RE-OPENED SUMMER OF 2020 BY RESERVATION SYSTEMS THAT ACCOMMODATED OVER 40 SWIMMERS DAILY. THROUGHOUT THE YEAR WE OFFERED ON AVERAGE 15 ZOOM CLASSES AND FIVE WEEKLY OUTSIDE OFFERINGS IN THE SPRING MONTHS. THE CLASSES OFFERED INCLUDING AEROBICS, STRETCH, YOGA, BALANCE, MEDITATION, AQUATIC AND OTHERS. IN-PERSON CLASSES WERE MAXED AT 10 PARTICIPANTS UNDER CO-VID RESTRICTIONS. ZOOM CLASSES AVERAGED 7-28 PARTICIPANTS PER SESSION, TOTALING 120 PER MONTH. OTHER NON-REGULAR FITNESS CLASSES AND GROUP OFFERINGS INCLUDED CAMPUS GROUP WALKS, WALKING MEDITATION EVENTS, INDIVIDUAL EQUIPMENT ORIENTATIONS AT NO COST. ONE ON ONE SESSIONS IN BOTH ASSISTED AND SKILLED SETTINGS THROUGHOUT CO-VID. ONE WEEKLY CLASS OFFERED FOR EMPLOYEES. FOUR EMPLOYEES ARE DESIGNATED FOR THE WELLNESS PROGRAM FOR ALL LEVELS OF CARE AND ADDITIONAL SERVICES ARE PROVIDED UNDER CONTRACT INCLUDING SPECIALTY CLASS OFFERINGS (I.E., YOGA, TAI CHI) NUTRITION.WELLNESS SERVICESTHE WELLNESS DEPARTMENT PERFORMS ANNUAL FUNCTIONAL FITNESS ASSESSMENTS ON INDEPENDENT LIVING RESIDENTS THAT ARE PATIENTS OF OUR PRIMARY MEDICAL PRACTICE AT THE TIME OF THEIR ANNUAL WELLNESS EXAM.PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES ARE AVAILABLE ON OUR CAMPUS UNDER CONTRACT WITH GENESIS REHABILITATION. ACTIVITIESACTIVITIES ARE ARRANGED BY BOTH STAFF AND RESIDENTS. OFFERINGS EACH MONTH ARE DESIGNED TO MEET THE FULL RANGE OF NEEDS AND INTERESTS AS FOLLOWS: SOCIAL, INTELLECTUAL, SPIRITUAL, PHYSICAL AND EMOTIONAL. INDEPENDENT LIVING HAS A WIDE RANGE OF ACTIVITIES COORDINATED BY STAFF AND RESIDENTS. THE MOST POPULAR ACTIVITIES INCLUDE MUSIC AT THE MEADOWS, CAROLINA MEADOWS UNIVERSITY, AND WORLD AFFAIRS. ATTENDANCE FOR THESE PROGRAMS RANGE FROM 75 TO 150 PARTICIPANTS, WITH SPECIAL EVENTS OFTEN DRAWING OVER 200 PARTICIPANTS. PARTICIPATION WAS IMPACTED DURING THE COVID-19 PANDEMIC. IN THE FAIRWAYS (ASSISTED LIVING) STAFF DESIGN AN ACTIVITIES CALENDAR WITH GROUP AND INDIVIDUAL OPPORTUNITIES. RESIDENTS ARE ENCOURAGED TO CONTINUE INTERESTS AND HOBBIES DEVELOPED OVER A LIFETIME. DESIGNATED STAFF PROVIDE ACTIVITIES IN THE GREEN (MEMORY SUPPORT ENVIRONMENT WITHIN THE FAIRWAYS). TWO SEPARATE PROGRAMS ARE PROVIDED IN THE PINES (SKILLED NURSING): APPROXIMATELY 5-10 RESIDENTS WITH SEVERE MEMORY IMPAIRMENT ARE SERVED DAILY IN A SPECIFIC PROGRAM FOR THIS POPULATION WHILE 15-20 RESIDENTS PARTICIPATE DAILY IN THE PROGRAM DESIGNED FOR THOSE WHOSE COGNITION IS INTACT. THERE IS ALSO A MUSIC & MEMORY PROGRAM USING IPODS THAT SERVES SKILLED NURSING AND MEMORY CARE RESIDENTS.DINING SERVICESDINING SERVICES PROVIDES RESIDENT MEALS DAILY IN ALL LEVELS OF LIVING. FOR RESIDENTS, APPROXIMATELY 6,300 MEALS PER MONTH ARE SERVED IN THE PINES, 5,500 IN THE FAIRWAYS AND 10,600 IN THE INDEPENDENT LIVING DINING VENUES. AN ADDITIONAL TOTAL OF 225 MONTHLY GUEST MEALS AND 1,000 MONTHLY EMPLOYEE MEALS ARE SERVED ACROSS CAMPUS.PHYSICAL PLANTTHE PHYSICAL PLANT ANNUALLY TURNS OVER AN AVERAGE OF 40 INDEPENDENT LIVING UNITS FOR NEW RESIDENTS. EACH UNIT IS REFURBISHED TO NEW OR LIKE-NEW CONDITION. IN ADDITION, THE PHYSICAL PLANT COMPLETED 14,426 WORK ORDER FOR INDEPENDENT LIVING RESIDENTS, 2,018 FOR HEALTH CENTER RESIDENTS AND 1,996 FOR ASSISTED LIVING RESIDENTS. IN ADDITION, 3,424 COMMUNITY WIDE WORK ORDERS WERE COMPLETED INCLUSIVE OF SPECIAL PROJECTS, SECURITY RESPONSES AND TRASH PICKUP FOR A TOTAL OF 21,864 WORK ORDERS. THERE WAS SOME IMPACT ON SERVICES PROVIDED FROM THE COVID-19 PANDEMIC.ENVIRONMENTAL SERVICESTHE ENVIRONMENTAL SERVICES DEPARTMENT, IN ADDITION TO CLEANING ALL COMMON AREAS AND DAILY SERVICE TO ALL HEALTH CENTER AND ASSISTED LIVING RESIDENTS, PROVIDES SERVICE TO 211 INDEPENDENT LIVING RESIDENTS PER MONTH. APPROXIMATELY 50 POUNDS OF LINEN ARE WASHED, DRIED AND IRONED DAILY FOR THE CLUB CENTER DINING ROOMS, IN ADDITION TO LINENS PROVIDED IN THE HEALTH CENTER AND ASSISTED LIVING. THERE WAS SOME IMPACT ON SERVICES PROVIDED FROM THE COVID-19 PANDEMIC. | Desc |
| Total Program Service Expenses | $38,582,152 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 95 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 549 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GARY LEVINE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9193707128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| STEVE MILLER | |||||||||
| CHAIR | 3.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JB CULPEPPER | |||||||||
| VICE-CHAIR | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOAN PHARR | |||||||||
| MEMBER | 2.00 | 3.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE KISSEL | |||||||||
| SECRETARY | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN GABOR | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL KALKHOF | |||||||||
| MEMBER | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PAT MANDELL | |||||||||
| MEMBER | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RODGERS HARSHBARGER | |||||||||
| TREASURER | 2.00 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOAN PELLETTIER | |||||||||
| MEMBER | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BILL LEHRBURGER | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RICHARD GURLITZ | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PICKETT GUTHRIE | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GERGORY HERMAN-GIDDENS | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ROBIN MCDUFFIE | |||||||||
| MEMBER | 2.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN MCLEOD | |||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | 8.00 | Yes (X) | $400,882 | $0 | $27,642 | |||
| BENJAMIN CORNTHWAITE | |||||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | $257,650 | $0 | $33,831 | ||||
| GARY LEVINE | |||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | 8.00 | Yes (X) | $240,311 | $0 | $27,577 | |||
| DONNA MILLER | |||||||||
| MEDICAL DIRECTOR | 40.00 | $257,387 | $0 | $27,858 | Yes (X) | ||||
| MELISSA KASS | |||||||||
| VICE PRESIDENT - MARKETING | 40.00 | $167,475 | $0 | $15,406 | Yes (X) | ||||
| DANIEL CAMARA | |||||||||
| VP-PHYSICAL PLANT | 40.00 | $154,356 | $0 | $22,845 | Yes (X) | ||||
| KATHY NORMAN | |||||||||
| NURSING ADMINISTRATOR | 40.00 | $144,010 | $0 | $15,607 | Yes (X) | ||||
| MELISSA HOGAN | |||||||||
| DIRECTOR OF FINANCE | 40.00 | $141,875 | $0 | $7,242 | Yes (X) | ||||
| SHELLI GIARDINO | |||||||||
| VP- HUMAN RESOURCES | 40.00 | $128,290 | $0 | $22,057 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,892,236 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $200,065 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 15 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| US FOODSERVICE | |||||
| PO BOX 602211 | CHARLOTTE | NC | 28260 | FOOD SERVICES | $1,677,232 |
| JOHNSON CONTROLS | |||||
| PO BOX 730068 | DALLAS | TX | 75373 | HVAC SERVICES | $609,856 |
| SPECTRUM | |||||
| PO BOX 4617 | CAROL STREAM | IL | 60197 | CABLE SERVICES | $605,867 |
| CHATHAM CARPET & INTERIORS | |||||
| 50 STILL WATERS DRIVE | SILER CITY | NC | 27344 | FLOORING | $438,306 |
| CAROLINA EXTERIORS | |||||
| 2633 SCHIEFFELIN ROAD | APEX | NC | 27505 | EXTERIOR SIDING | $436,010 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 35 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $780,514 | GovernmentGrantsAmt |
| All Other Contributions | $52,715 | AllOtherContributionsAmt |
| Total Contributions | $833,229 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING REV | 623000 | $18,993,601 | $18,993,601 |
| HEALTH CARE CENTER REV | 623000 | $9,433,974 | $9,433,974 |
| ASSISTED LIVING REV | 623000 | $7,127,244 | $7,127,244 |
| REFURBISHING | 623000 | $2,068,080 | $2,068,080 |
| REMARKETING | 623000 | $535,990 | $535,990 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,400,386 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,400,386 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,559,275 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $689,912 | TotalRevenueColumnAmt |
| Exclusion | $689,912 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,585 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,585 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,585 | TotalRevenueColumnAmt |
| Exclusion | $7,585 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,897,282 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $30,806,010 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $91,272 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $91,272 | TotalRevenueColumnAmt |
| Exclusion | $91,272 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $23,402 | TotalRevenueColumnAmt |
| Exclusion | $23,402 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $23,402 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,204,675 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,559,275 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $812,171 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,854 | TotalAmt |
| Program Services | $53,854 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $612,190 | TotalAmt |
| Program Services | $612,190 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,156,230 | TotalAmt |
| Program Services | $257,387 | ProgramServicesAmt |
| Management And General | $898,843 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,900,391 | TotalAmt |
| Program Services | $16,048,711 | ProgramServicesAmt |
| Management And General | $851,680 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $512,798 | TotalAmt |
| Program Services | $418,078 | ProgramServicesAmt |
| Management And General | $94,720 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,616,556 | TotalAmt |
| Program Services | $2,466,338 | ProgramServicesAmt |
| Management And General | $150,218 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,277,958 | TotalAmt |
| Program Services | $1,073,356 | ProgramServicesAmt |
| Management And General | $204,602 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$67,796 | TotalAmt |
| Program Services | -$48,412 | ProgramServicesAmt |
| Management And General | -$19,384 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,257 | TotalAmt |
| Management And General | $68,257 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,812 | TotalAmt |
| Management And General | $169,812 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,610,961 | TotalAmt |
| Program Services | $2,590,159 | ProgramServicesAmt |
| Management And General | $20,802 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,799 | TotalAmt |
| Program Services | $17,886 | ProgramServicesAmt |
| Management And General | $63,913 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,181,546 | TotalAmt |
| Program Services | $1,052,750 | ProgramServicesAmt |
| Management And General | $128,796 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,287 | TotalAmt |
| Management And General | $31,287 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,285,110 | TotalAmt |
| Program Services | $1,542,604 | ProgramServicesAmt |
| Management And General | $742,506 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,832 | TotalAmt |
| Program Services | $35,399 | ProgramServicesAmt |
| Management And General | $19,433 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,269 | TotalAmt |
| Program Services | $13,482 | ProgramServicesAmt |
| Management And General | $9,787 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,890 | TotalAmt |
| Program Services | $401,890 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,627,502 | TotalAmt |
| Program Services | $4,627,502 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,073 | TotalAmt |
| Program Services | $20,073 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| SHARED APPRECIATION | $2,271,235 | $2,271,235 |
| FOOD COSTS | $2,205,793 | $2,205,793 |
| UPGRADES & MODIFICATION | $1,483,032 | $1,483,032 |
| REPAIRS & MAINTENANCE | $815,539 | $815,539 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,229,048 | TotalAmt |
| Program Services | $623,306 | ProgramServicesAmt |
| Management And General | $605,742 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,623,166 | TotalAmt |
| Program Services | $38,582,152 | ProgramServicesAmt |
| Management And General | $4,041,014 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,598,409 | BOYAmt |
| EOY | $9,071,404 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,268,809 | BOYAmt |
| EOY | $2,258,711 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $337,372 | BOYAmt |
| EOY | $344,879 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,836 | BOYAmt |
| EOY | $158,659 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $162,741,183 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $77,795,101 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,646,425 | BOYAmt |
| EOY | $84,946,082 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,293,629 | BOYAmt |
| EOY | $34,954,892 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $621,576 | BOYAmt |
| EOY | $745,419 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,919,056 | BOYAmt |
| EOY | $132,480,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,076,472 | BOYAmt |
| EOY | $7,026,085 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,775 | BOYAmt |
| EOY | $44,500 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,427,357 | BOYAmt |
| EOY | $11,738,607 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $930,633 | BOYAmt |
| EOY | $600,012 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $455,071 | BOYAmt |
| EOY | $9,604,979 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,107,369 | BOYAmt |
| EOY | $157,675,628 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,014,677 | BOYAmt |
| EOY | $186,689,811 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$48,095,621 | BOYAmt |
| EOY | -$54,209,765 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$48,095,621 | BOYAmt |
| EOY | -$54,209,765 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $115,919,056 | BOYAmt |
| EOY | $132,480,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$418,491 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,391,126 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$9,086,779 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,081 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus1 Year | $473,718 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $833,229 | CurrentTaxYearAmt |
| Total | $1,322,028 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,430,393 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,373,955 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,004,601 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,837,600 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,559,275 | CurrentTaxYearAmt |
| Total | $198,205,824 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,445,474 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,373,955 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,004,601 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $38,311,318 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,392,504 | CurrentTaxYearAmt |
| Total | $199,527,852 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $199,527,852 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $372,219 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $481,388 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $582,770 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $680,386 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $697,497 | CurrentTaxYearAmt |
| Total | $2,814,260 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $372,219 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $481,388 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $582,770 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $680,386 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $697,497 | CurrentTaxYearAmt |
| Total | $2,814,260 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $50,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,000 | CurrentTaxYearMinus2YearsAmt |
| Total | $55,000 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,855 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $16,135 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,211 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $10,200 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,402 | CurrentTaxYearAmt |
| Total | $66,803 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $37,823,548 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,921,478 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,603,582 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,001,904 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,113,403 | CurrentTaxYearAmt |
| Total | $202,463,915 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98550 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98730 | PublicSupportPY509Pct |
| Investment Income CY | 0.01390 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01220 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $930,633 | BeginningBalanceAmt |
| Distributions During Year | $330,621 | DistributionsDuringYearAmt |
| Ending Balance | $600,012 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,469,975 | OtherCostOrOtherBasisAmt |
| Book Value | $2,469,975 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $124,988,048 | OtherCostOrOtherBasisAmt |
| Depreciation | $64,478,969 | DepreciationAmt |
| Book Value | $60,509,079 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $13,149,658 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,053,875 | DepreciationAmt |
| Book Value | $4,095,783 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $22,133,502 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,262,257 | DepreciationAmt |
| Book Value | $17,871,245 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $84,946,082 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS AND ASSETS WHOSE USE IS LIMITED | Desc |
| Book Value | $34,954,892 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $34,954,892 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP AGREEMENT | $489,553 |
| OTHER DEFERRED REVENUE | $933,351 |
| DEPOSITS ON OCCUPIED UNITS | $6,112,045 |
| FAIRWAYS ENTRANCE FEE REFUNDS DUE | $830,679 |
| ADVANCED FEE LIABILITY | $149,310,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $157,675,628 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | RESIDENT FUNDS HELD IN AGENCY ACCOUNTS REPRESENT FUNDS WITHHELD FROM RESIDENTS DETERMINED TO BE A FINANCIAL RISK AND RESIDENTS WISHING TO ESTABLISH AGENCY ACCOUNTS IN LIEU OF LONG-TERM CARE INSURANCE. CAROLINA MEADOWS HAS DEPOSITED THESE FUNDS ON THE RESIDENTS' BEHALF IN CERTIFICATES OF DEPOSIT OR MONEY MARKET FUNDS WITH A FINANCIAL INSTITUTION. CAROLINA MEADOWS ACTS AS CUSTODIAN FOR THE AGENCY ACCOUNTS, WHICH ARE LEGALLY OWNED BY THE RESIDENTS. AT DECEMBER 31, 2020 AND 2019, AGENCY FUNDS DUE RESIDENTS WERE $600,012 AND $930,633, RESPECTIVELY. |
| PART X, LINE 2: | CAROLINA MEADOWS IS A NONPROFIT, TAX-EXEMPT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. CAROLINA MEADOWS HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFIT OR OBLIGATION AS OF DECEMBER 31, 2020. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CHATHAM COUNTY LITERACY COUNCIL | |||||||
| PO BOX 1696 | PITTSBORO | NC | 27312 | 581870076 | 501(C)(3) | $12,831 | TO SUPPORT ESL TUTOR PROGRAM AND CITIZENSHIP PROGRAM AT CM FOR STAFF AND FOR COMMUNITY CITIZENS IN NEED |
| CHATHAM OUTREACH ALLIANCE (CORA) | |||||||
| PO BOX 1326 | PITTSBORO | NC | 27312 | 561668767 | 501(C)(3) | $5,000 | TO PROVIDE SUPPORT TO CORA FOOD PANTRY TO SUPPORT HUNGER RELIEF THROUGHOUT CHATHAM COUNTY INCREASED BY THE PANDEMIC |
| FUND FOR CAROLINA PUBLIC HUMANITIES UNC ARTS AND SCIENCES FOUNDATION | |||||||
| UNC PO BOX 309 | CHAPEL HILL | NC | 27514 | 561150509 | 501(C)(3) | $10,000 | TO SUPPORT PUBLIC HUMANITIES LECTURE SERIES FOR THE GREATER COMMUNITY |
| RISE AGAINST HUNGER | |||||||
| 3733 NATIONAL DRIVE SUITE 200 | RALEIGH | NC | 27612 | 161541024 | 501(C)(3) | $5,000 | TO PROVIDE SUPPORT TO HELP WORLD HUNGER WORLDWIDE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | RESIDENT FINANCIAL ASSISTANCE. | GrantTypeTxt |
| Recipient | 8 | RecipientCnt |
| Cash Grant | $612,190 | CashGrantAmt |
| Valuation Method Used | BOOK VALUE | ValuationMethodUsedDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTEES MUST HAVE 501(C)(3) STATUS AND MUST BE LOCATED IN AND/OR SERVE RESIDENTS IN CHATHAM COUNTY, NORTH CAROLINA. THE FOLLOWING CRITERIA ARE USED DURING THE GRANT EVALUATION PROCESS PROJECT DESCRIPTION: (1) DESCRIPTION - IS THE PROPOSED PROJECT OR PROGRAM CLEARLY DESCRIBED? (2) MISSION SUPPORT - IS THERE CLEAR EVIDENCE THAT THE PROJECT SUPPORTS THE MISSION OF THE AGENCY? (3) NEED - DOES THE PROPOSAL CLEARLY DOCUMENT/EXPLAIN THE NEED FOR THE PROJECT/PROGRAM IN CHATHAM COUNTY? (4) IMPACT - ARE THE PROPOSED OUTCOMES CLEAR, REALISTIC AND MEASURABLE? (5) BUDGET - IS THE BUDGET SUFFICIENTLY DETAILED, REALISTIC AND APPROPRIATE GIVEN THE DESIRED GOALS/IMPACT? (6) EFFECT - IS THERE EVIDENCE THAT A GRANT FROM CAROLINA MEADOWS WILL SIGNIFICANTLY INCREASE THE IMPACT OF THE PROPOSED PROJECT/PROGRAM? (7) COLLABORATIVE EFFORT - IS THE PROPOSED PROJECT/PROGRAM A COLLABORATIVE EFFORT INVOLVING MULTIPLE AGENCIES? (8) REPORTING - GRANTEES ARE REQUIRED TO SUBMIT INTERIM AND FINAL REPORTS TO CAROLINA MEADOWS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KEVIN MCLEOD | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $347,470 | $0 | $28,500 | $0 | $24,912 | $0 | $14,250 | $0 | $13,392 | $0 | $428,524 | $0 | $0 | $0 |
| BENJAMIN CORNTHWAITE | ||||||||||||||
| CHIEF OPERATING OFFICER | $228,346 | $0 | $23,705 | $0 | $5,599 | $0 | $11,994 | $0 | $21,837 | $0 | $291,481 | $0 | $0 | $0 |
| DONNA MILLER | ||||||||||||||
| MEDICAL DIRECTOR | $235,971 | $0 | $20,272 | $0 | $1,144 | $0 | $11,608 | $0 | $16,250 | $0 | $285,245 | $0 | $0 | $0 |
| GARY LEVINE | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $217,045 | $0 | $17,679 | $0 | $5,587 | $0 | $11,234 | $0 | $16,343 | $0 | $267,888 | $0 | $0 | $0 |
| MELISSA KASS | ||||||||||||||
| VICE PRESIDENT - MARKETING | $130,663 | $0 | $36,409 | $0 | $403 | $0 | $6,646 | $0 | $8,760 | $0 | $182,881 | $0 | $0 | $0 |
| DANIEL CAMARA | ||||||||||||||
| VP-PHYSICAL PLANT | $139,848 | $0 | $13,738 | $0 | $770 | $0 | $6,789 | $0 | $16,056 | $0 | $177,201 | $0 | $0 | $0 |
| KATHY NORMAN | ||||||||||||||
| NURSING ADMINISTRATOR | $129,153 | $0 | $12,828 | $0 | $2,029 | $0 | $6,422 | $0 | $9,185 | $0 | $159,617 | $0 | $0 | $0 |
| SHELLI GIARDINO | ||||||||||||||
| VP- HUMAN RESOURCES | $115,801 | $0 | $12,060 | $0 | $429 | $0 | $6,034 | $0 | $16,023 | $0 | $150,347 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PUBLIC FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 273866124 | BondIssuerEIN |
| Bond Issued | 2019-11-21 | BondIssuedDt |
| Issue Price | $12,700,000 | IssuePriceAmt |
| Purpose | TO REFINANCE THE 2010 BONDS WITH A NEW 12/01/34 MATURITY DATE | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $725,000 | RetiredAmt |
| Total Proceeds | $12,700,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $217,643 | IssuanceCostsFromProceedsAmt |
| Other Spent Proceeds | $12,482,357 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNTRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 14.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 4A | COMMUNITY INVOLVEMENT CAROLINA MEADOWS FOCUSES ON COMMUNITY OUTREACH AND CORPORATE RESPONSIBILITY AS FOLLOWS: - WE SUPPORT OUR LOCAL COMMUNITY - WE INVEST IN THE FUTURE OF AGING - WE CONTRIBUTE TO THE ECONOMY - WE PARTNER ON SENIOR INITIATIVES IN ADDITION, WE ARE COMMITTED TO PROVIDING SERVICES TO ANY RESIDENT OF CAROLINA MEADOWS WHO HAS EXHAUSTED THEIR ASSETS THROUGH NO FAULT OF THEIR OWN AND NEEDS FINANCIAL ASSISTANCE SUBSIDIES TO COVER THE COST OF SERVICES. CAROLINA MEADOWS IS ACTIVELY INVOLVED IN THE COMMUNITY THROUGH PARTICIPATION IN COMMUNITY OUTREACH, EDUCATIONAL, CHARITABLE AND VOLUNTEER PROGRAMS SPONSORED ON CAMPUS OR THROUGHOUT THE SURROUNDING COMMUNITY. CAROLINA MEADOWS HAS MADE SIGNIFICANT CHARITABLE GIFTS IN 2020 TO SUPPORT CHARITIES THAT SUPPORT OLDER ADULTS IN CHATHAM COUNTY, INCLUDING: - A 2016 FIVE-YEAR PLEDGE TO THE UNC MEDICAL FOUNDATION FOR THE CREATION OF A NEW HOSPICE HOME IN PITTSBORO THAT WILL SERVE CHATHAM COUNTY RESIDENTS AND BEYOND. THE PLEDGE WAS FOR $150,000 OVER FIVE YEARS; THE FINAL $22,500 WAS CONTRIBUTED IN 2020. - CAROLINA MEADOWS MADE A FOUR-YEAR PLEDGE OF $100,000 TO SUPPORT LEADING AGE NC. THE THIRD DONATION OF $25,000 WAS PROVIDED IN 2020. - A $20,000 DONATION WAS MADE TO THE COUNCIL ON AGING TO SUPPORT THE IMPLEMENTATION OF THE CHATHAM AGING PLAN WHICH BENEFITS ALL WHO LIVE IN THE COUNTY. THE PLAN PIVOTED THIS YEAR TO PROVIDE NEEDED SERVICES IN NEW WAYS ALLOWING SENIORS TO REMAIN SAFELY AT HOME DURING THE PANDEMIC. - A FIVE-YEAR PLEDGE WAS MADE IN 2016 TO THE CHATHAM COUNTY COUNCIL ON AGING TO SUPPORT THEIR FROZEN MEALS PROGRAM. THE PLEDGE WAS FOR $37,500 OVER FIVE YEARS. THE FIFTH $7,500 DONATION WAS CONTRIBUTED IN 2020. THIS PROGRAM TOOK ON A NEW IMPORTANCE IN 2020 WHEN THE NUMBER OF SENIORS IN THEIR HOMES WITHOUT ACCESS TO HEALTHY FOOD HIT A NEW HIGH. CAROLINA MEADOWS HAS COMMITTED TO CONTINUING SUPPORT OF THIS IMPORTANT PROGRAM. - A $5,000 DONATION WAS MADE TO THE CHATHAM OUTREACH ALLIANCE (CORA) FOOD PANTRY TO SUPPORT HUNGER RELIEF THROUGHOUT ALL OF CHATHAM COUNTY. FOOD INSECURITY INCREASED DRASTICALLY OVER THE PANDEMIC IN 2020. - A $5,000 DONATION WAS MADE TO RISE AGAINST HUNGER TO HELP SUSTAIN THEIR HUNGER RELIEF EFFORTS AROUND THE WORLD. CAROLINA MEADOWS HOSTED MEAL PACKAGING EVENTS WITH THIS ORGANIZATION IN THE PAST AND LOOKS FORWARD TO DOING ANOTHER IN 2021. - A $12,000 DONATION TO THE CHATHAM COUNTY LITERACY COUNCIL TO SUPPORT LITERACY EFFORTS THROUGHOUT OUR ENTIRE COMMUNITY. THESE EFFORTS ARE FOCUSED ON INCREASED LITERACY SUCH AS GED, ENGLISH AS A SECOND LANGUAGE, COMPUTER LITERACY AND MORE. DURING THE PANDEMIC, THE COUNCIL PAUSED IN-PERSON SERVICES FOR ONLINE LEARNING AND IS SLOWLY REOPENING. - A $4,500 DONATION TO UNITED WAY OF CHATHAM COUNTY. AN ADDITIONAL $2,500 WAS CONTRIBUTED BEYOND OUR CORPORATE ANNUAL DONATION OF $2,000. THIS WENT TOWARDS A COMMUNITY-WIDE COVID FUND TO SUPPORT NONPROFITS WORKING IN CHATHAM COUNTY. - A $2,000 DONATION TO PBS NORTH CAROLINA (UNC TV) IN SUPPORT OF THEIR PUBLIC PROGRAMMING WHICH REACHES ALL AGES ACROSS OUR COUNTY AND STATE. - A $1,500 DONATION TO UNC PARTNERSHIPS IN AGING PROGRAM WHICH PROMOTES DIALOGUE ABOUT THE PERSONAL AND SOCIETAL MEANING OF HAVING A LONG LIFE AND ADVANCE CIVIL ENGAGEMENT AS A WAY TO BRING ABOUT A NEW KIND OF AGING. BEYOND FINANCIAL SUPPORT, CAROLINA MEADOWS SUPPORTS NONPROFIT ORGANIZATIONS THROUGH DONATIONS OF IN-KIND CONTRIBUTIONS. EXAMPLES INCLUDE: - DONATED GALLONS OF HAND SANITIZER TO CHATHAM COUNTY'S EMERGENCY RESPONSE SERVCIES, THE COUNCIL ON AGING AND LOCAL CHILDCARE PROVIDERS - DONATED REFRIGERATORS, INDUSTRIAL LIGHTS FIXTURES AND OTHER IN-KIND APPLIANCES TO MANY SCHOOLS, CHURCHES AND THRIFT SHOPS IN OUR LOCAL COMMUNITY. STAFF GENEROUSLY DONATE THEIR TIME/SERVICE TO COMMUNITY ORGANIZATIONS. THIS YEAR STAFF PARTICIPATED ON PLANNING COMMITTEES RELATED TO PANDEMIC RELIEF EFFORTS INCLUDING THE CHATHAM HEALTH ALLIANCE, CHATHAM COMMUNITY PARTNERS AND LEADING AGE NC. IN ADDITION TO OUR ROBUST CORPORATE COMMUNITY OUTREACH PROGRAM, OUR RESIDENT ASSOCIATION HAS A RESIDENT COMMUNITY OUTREACH COMMITTEE WHICH RAISES SIGNIFICANT FUNDS FOR UNC PUBLIC TV, THE CORA FOOD PANTRY AND UNITED WAY OF CHATHAM COUNTY. THIS COMMITTEE HAS RESIDENT LIAISONS WITH VARIOUS NONPROFIT ORGANIZATIONS IN CHATHAM COUNTY. THE LIAISONS SHARE INFORMATION AND VOLUNTEER OPPORTUNITIES ABOUT EACH GROUP WITH THE RESIDENTS. THIS GROUP ALSO ORGANIZES A CLOTHING DRIVE IN WINTER FOR LOCAL SENIORS. OUR RESIDENTS OFFER MANY HOURS OF VOLUNTEER TIME TO SUPPORT NONPROFITS IN OUR AREA AS WELL AS OUR OWN CAMPUS COMMUNITY. THIS YEARS OUTREACH EFFORTS INCLUDING AN EMAIL PEN PAL PROJECT WITH A LOCAL MIDDLE SCHOOL. MORE THAN 120 RESIDENTS ACTIVELY WROTE TO LOCAL MIDDLE SCHOOL STUDENTS TO LESSEN ISOLATION FOR BOTH SENIOR AND STUDENT AND TO INCREASE INTERGENERATIONAL LEARNING. ANOTHER GROUP OF 25 RESIDENTS VOLUNTEERED TO BE INTERVIEWED BY A LOCAL SCHOOL GROUP REGARDING THEIR ORAL HISTORIES. THIS PROVIDED GREAT LEARNING FOR BOTH PARTIES INVOLVED. CHARITABLE DONATIONS CHARITABLE DONATIONS AND COMMUNITY BENEFITS FOR THE YEAR ENDED DECEMBER 31, 2020 INCLUDED $612,190 IN BENEVOLENT CARE, $64,408 IN CHARITABLE DONATIONS, AND $40,000 IN DONATED VOLUNTEER SERVICES. PROPERTY TAXES FOR 2020, PROPERTY TAX PAYMENTS OF $953,883 WERE MADE TO SUPPORT NEEDED INFRASTRUCTURE TO HELP CHATHAM COUNTY PROSPER. |
| FORM 990, PART VI, SECTION A, LINE 6 | CAROLINA MEADOWS SENIOR COMMUNITIES & SERVICES, INC. IS THE SOLE MEMBER OF CAROLINA MEADOWS, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | AS THE SOLE MEMBER, CAROLINA MEADOWS SENIOR COMMUNITIES & SERVICES, INC. ELECTS THE GOVERNING BODY OF CAROLINA MEADOWS, INC. |
| FORM 990, PART VI, SECTION A, LINE 7B | AS SOLE MEMBER, CAROLINA MEADOWS SENIOR COMMUNITIES & SERVICES, INC. MUST APPROVE ALL SIGNIFICANT DECISIONS OF CAROLINA MEADOWS, INC. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS REVIEWED BY MANAGEMENT, THE CAROLINA MEADOWS, INC. BOARD FINANCE COMMITTEE, AND THE PARENT BOARD AFTER PREPARATION BY INDEPENDENT TAX ACCOUNTANT. THE REVIEW IS CONDUCTED PRIOR TO FILING WITH THE IRS AND INVOLVES A THOROUGH EXAMINATION OF THE INFORMATION USED AS A BASIS FOR PREPARATION OF THE 990 BY THE INDEPENDENT TAX ACCOUNTANT AND THE DRAFT OF THE 990. ANY CHANGES ARE RECOMMENDED TO, AND REVIEWED BY, THE TAX ACCOUNTANT. |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL ANNUAL SIGNED COI POLICY AFFIRMATIONS ARE REVIEWED BY CEO AND THE FULL BOARD. ANY DISCLOSED OR KNOWN CONFLICTS WOULD BE RESOLVED BY FULL BOARD. PERSONS WITH A CONFLICT MUST RECUSE THEMSELVES FROM DISCUSSIONS AND MEETINGS UNTIL RESOLUTION IS REACHED. IF NOT REACHED, CONFLICT MUST BE TERMINATED OR BOARD MEMBER OR STAFF MEMBER MUST RESIGN. COI POLICY APPLICABLE TO ALL BOARD MEMBERS AND SENIOR AND EXECUTIVE MANAGEMENT. BOARD MEMBERS ARE REQUIRED TO INFORM OF ANY DIRECT OR INDIRECT CONFLICT OF INTEREST WITH REGARD TO ANY TRANSACTION CONTEMPLATED BY THE BOD INCLUDING ACTIONS REGARDING TRANSACTIONS WITH ANY MATERIAL FINANCIAL INTEREST OR IN WHICH DIRECTOR SERVES AS A DIRECTOR, TRUSTEE, OFFICER OR PARTNER. A RESIDENT MEMBER OF THE BOARD OF THE FOUNDATION MAY INCLUDE CM RESIDENTS WHO WILL NOT BE CONSIDERED TO HAVE A FINANCIAL CONFLICT OR INTEREST OF PURPOSES OF POLICY SOLELY DUE TO BEING A RESIDENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN DETERMINING THE CEO'S COMPENSATION, SALARY INFORMATION IS COMPILED BY THE EXECUTIVE COMMITTEE OF THE PARENT BOARD OF DIRECTORS WHICH SERVES AS THE EXECUTIVE COMPENSATION COMMITTEE. THE COMMITTEE USES A VARIETY OF COMPARABILITY AND SALARY SURVEY DATA FROM CAPITAL ASSOCIATED INDUSTRIES (CAI) INCLUDING THE NORTH CAROLINA ANNUAL WAGE AND SALARY SURVEY, THE NATIONAL EXECUTIVE COMPENSATION SURVEY, AND GUIDESTAR EXECUTIVE COMPENSATION DATA. ASSESSMENT FORMS RATING THE CEO'S PERFORMANCE ARE ALSO COMPLETED BY MEMBERS OF ALL AFFILIATE BOARDS. USING THE SURVEY DATA AS BENCHMARKS AND THE COMPILED ASSESSMENT DATA AS AN INDICATOR OF PERFORMANCE MEASUREMENT, THE EXECUTIVE COMMITTEE RECOMMENDS TO THE FULL PARENT BOARD FOR APPROVAL OF THE TOTAL CEO COMPENSATION WITHIN THE BOARD ESTABLISHED SALARY RANGE FOR THE CEO POSITION. BASED ON SALARY AND TOTAL COMPENSATION DATA FROM CAPITAL ASSOCIATED INDUSTRIES, GUIDESTAR, THE NATIONAL EXECUTIVE COMPENSATION SURVEY, LEADINGAGE AND OTHER SURVEY DATA, THE CEO SETS AND APPROVES COMPENSATION FOR THE COO AND CFO POSITIONS WITHIN ESTABLISHED RANGES FOR THE ORGANIZATION BASED ON INPUT AND REVIEW FROM THE PARENT BOARD. THE SALARY AMOUNTS FOR THE CEO, COO AND CFO ARE FURTHER REVIEWED BY THE FULL PARENT BOARD AS A MEASURE OF OVERSIGHT AND UNDERSTANDING OF TOTAL EXECUTIVE COMPENSATION FOR THE TOP EXECUTIVE POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | MINUTES OF QUARTERLY BOARD MEETINGS INCLUDING THE QUARTERLY FINANCIALS AND ANNUAL AUDITED FINANCIAL STATEMENTS ARE PLACED IN THE CAROLINA MEADOWS RESIDENT'S LIBRARY. ARTICLES OF INCORPORATION ARE AVAILABLE ON THE SECRETARY OF STATE'S WEBSITE AND, ALONG WITH THE BOARD BYLAWS, ARE AVAILABLE FOR REVIEW UPON REQUEST. AN ANNUAL DISCLOSURE STATEMENT IS AVAILABLE ON-LINE THROUGH THE NC DEPARTMENT OF INSURANCE (NCDOI.COM), AND INCLUDES IN APPENDICES COPIES OF THE DOI CCRC LICENSE, DHSR NURSING FACILITY LICENSE, ANNUAL AUDITED FINANCIAL STATEMENTS, FIVE-YEAR FINANCIAL PROJECTIONS, CCRC CONTRACT AND OTHER CORPORATE INFORMATION. CONFLICT OF INTEREST STATEMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE INTEREST RATE SWAP -345,719. CHANGE IN ACCOUNTING ESTIMATE -8,741,060. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CAROLINA MEADOWS HOME CARE INC | ||||||||||
| 100 CAROLINA MEADOWS | CHAPEL HILL | NC | 27517 | 821777558 | HOME CARE | NC | 501(C)(3) | LINE 12B, II | CAROLINA MEADOWS SR COMM & SERVICES INC | 0 |
| CAROLINA MEADOWS SENIOR COMMUNITIES AND SERVICES INC | ||||||||||
| 100 CAROLINA MEADOWS | CHAPEL HILL | NC | 27517 | 821792692 | HEALTH CARE | NC | 501(C)(3) | LINE 12B, II | 0 | |
| CAROLINA MEADOWS FOUNDATION INC | ||||||||||
| 100 CAROLINA MEADOWS | CHAPEL HILL | NC | 27517 | 825385916 | CHARITABLE FOUNDATION | NC | 501(C)(3) | LINE 12B, II | CAROLINA MEADOWS SR COMM & SERVICES INC | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA MEADOWS MANAGEMENT AND DEVELOPMENT SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821768377 | EIN |
| Primary Activities | MANAGEMENT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE PART VII | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |
Comments