FOSTER FOUNDATION INC: Form 990PF, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- FOSTER FOUNDATION INC (EIN 55-0359756)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-09-14
- IRS object ID
- 201812579349100216
- Schema version
- 2017v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-09-14T15:49:31-05:00 | ReturnTs |
| Tax Period End | 2017-12-31 | 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 | 990PF | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 550359756 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOSTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOST | BusinessNameControlTxt |
| Phone | 3046971621 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BRADLEY FOSTER DRIVE | AddressLine1Txt |
| City | HUNTINGTON | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EILEEN WHEELDON | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 3046971621 | PhoneNum |
| Signature | 2018-09-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN NORMAN | PreparerPersonNm |
| PTIN | P01506766 | PTIN |
| Phone | 7049985200 | PhoneNum |
| Preparation | 2018-09-04 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-09-04 | IPDt |
| IP Tm | 14:48:32 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 967DCA4FABF3D6C7AE4D014617AEEE9CE601AE20 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9ACEB88934FFCCBD98C12E2F38B246F9B43CAC86 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $40,254,024 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $178,997 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $178,997 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $178,997 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $39,873 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $39,873 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $39,873 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $39,873 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $405,618 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $15,697,628 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $405,618 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $405,618 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $9,597,021 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $9,597,021 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $10,221,509 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $624,488 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $10,221,509 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $308,632 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $46,295 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $262,337 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,187,014 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $778,052 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,408,962 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $38,659 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $38,659 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $34,921 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $34,921 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $527,987 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $79,198 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $448,789 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $812,940 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $812,940 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $2,165,288 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $2,165,288 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $1,168,958 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $175,344 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $993,614 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $22,269 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $3,340 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $18,929 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $137,255 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $20,588 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $116,667 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,664,296 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $249,645 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,414,652 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $12,068,219 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $4,404,270 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,663,950 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,068,219 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $4,404,270 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,663,950 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,846,710 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $624,488 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $5,817,239 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,100 | CashBOYAmt |
| Cash EOY | $1,090 | CashEOYAmt |
| Cash EOYFMV | $1,090 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,983,631 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,000,628 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,000,628 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $55,265 | AcctRcvblAmt |
| Acct Rcvbl BOY | $13,673 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $55,265 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $55,265 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $91,843 | InventoriesBOYAmt |
| Inventories EOY | $67,763 | InventoriesEOYAmt |
| Inventories EOYFMV | $67,763 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $81,851 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $71,751 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $71,751 | PrepaidExpensesEOYFMVAmt |
| Corporate Bonds BOY | $2,138,543 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,297,293 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,297,293 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $6,540,517 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,067,836 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,067,836 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $54,820,079 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,127,681 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $30,711,093 | LandBOYAmt |
| Land EOY | $30,692,398 | LandEOYAmt |
| Land EOYFMV | $30,692,398 | LandEOYFMVAmt |
| Other Assets BOY | $344,933 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $42,907,184 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,254,024 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $40,254,024 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $870,715 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $895,978 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $12,358,161 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $11,720,946 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $21,241,635 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $20,297,149 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $322,021 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $305,132 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $34,792,532 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,219,205 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $8,108,558 | UnrestrictedBOYAmt |
| Unrestricted EOY | $7,016,927 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $6,094 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $17,892 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,114,652 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,034,819 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,907,184 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $40,254,024 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,114,652 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,846,710 | ExcessRevenueOverExpensesAmt |
| Other Increases | $766,877 | OtherIncreasesAmt |
| Subtotal | $7,034,819 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,034,819 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $15,697,628 | GrossSalesPriceAmt |
| Cost Or Other Basis | $15,292,010 | CostOrOtherBasisAmt |
| Gain Or Loss | $405,618 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $405,618 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $405,618 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $405,618 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt Operating Foundations | Yes (X) | ExemptOperatingFoundationsInd |
| Ruling Letter | 1992-11-30 | RulingLetterDt |
| Not Applicable | N/A | NotApplicableCd |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | WV | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | Yes (1) | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EILEEN WHEELDON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3046971621 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 BRADLEY FOSTER DRIVE | AddressLine1Txt |
| City | HUNTINGTON | CityNm |
| State Abbreviation | WV | StateAbbreviationCd |
| ZIP | 25701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DANIEL KONRAD | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | PRESIDENT | 4.00 | $0 | $0 | $0 |
| JIM RORRER | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | VICE PRESIDENT | 2.00 | $0 | $0 | $0 |
| SANDRA D WRIGHT | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| PATRICK ARNOLD | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| WILLIAM B DENNISON | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| DEANNA MADER | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| STEVE ROBERTS | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| MARY WITTEN WISEMAN | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | PREVIOUS BOARD MEMBER | 0.00 | $0 | $0 | $0 |
| JEFFREY HARKINS | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | CEO | 60.00 | $153,150 | $19,648 | $6,900 |
| EILEEN WHEELDON | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | CFO | 60.00 | $99,835 | $26,999 | $2,100 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| CYNTHIA SHELL | ||||||||
| 53 SUNWATCH DRIVE | HUNTINGTON | WV | 25705 | NHADM | 40.00 | $89,739 | $22,164 | $600 |
| DANIEL COOK | ||||||||
| 16 CLOVERLEAF STREET | WINFIELD | WV | 25213 | HR DIR | 40.00 | $82,647 | $22,220 | $600 |
| JASON EASTER | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | FACILITIES DIR | 40.00 | $68,825 | $23,582 | $600 |
| RONALD SMITH | ||||||||
| 32 TWIN OAKS DRIVE | HUNTINGTON | WV | 25701 | FOOD SERV DIR | 40.00 | $67,958 | $22,128 | $600 |
| STEPHANIE HICKS | ||||||||
| 5029 LAKIN DRIVE | CATLETTSBURG | KY | 41129 | D.O.N. | 40.00 | $74,263 | $14,057 | $600 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 5 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ROBERT L ADKINS & SONS | |||||
| 36 TWIN OAKS DRIVE | HUNTINGTON | WV | 25701 | CONSTRUCTION | $600,107 |
| FLAWLESS FLOORING & FURNISHING | |||||
| 6148 CHILDERS ROAD | BARBOURSVILLE | WV | 25504 | FLOOR COVERINGS | $247,979 |
| SCOTT - SULLIVAN INC | |||||
| 160 OLIVE STREET | HUNTINGTON | WV | 25705 | HVAC | $202,055 |
| SECURITAS SECURITY SERVICES | |||||
| P O BOX 403412 | ATLANTA | GA | 30384 | SECURITY | $117,840 |
| VILLAGE CAREGIVING | |||||
| 652 MAIN STREET | BARBOURSVILLE | WV | 25504 | TEMPORARY LABOR | $84,005 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 3 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATES A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES SHELTER AND SUPPORT TO RESIDENTS LIVING IN 168 APARTMENTS, 22 COTTAGES, AND 91 BEDS IN HEALTH CARE. | Description1Txt |
| Expenses1 | $7,604,065 | Expenses1Amt |
| Description2 | ACQUIRES ASSETS USED TO PROVIDE SHELTER AND SUPPORT TO RESIDENTS OF THE CONTINUING CARE COMMUNITY. | Description2Txt |
| Expenses2 | $1,640,000 | Expenses2Amt |
| Description3 | PROVIDES FINANCIAL SUBSIDIES TO RESIDENTS WHO ARE UNABLE TO PAY REGULAR MONTHLY CHARGES DUE TO FINANCIAL DIFFICULTY. | Description3Txt |
| Expenses3 | $59,885 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $9,011,517 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $33,116 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,044,633 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,044,633 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $135,669 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $8,908,964 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $445,448 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,663,950 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,640,000 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $9,303,950 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,303,950 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Fndtn Ruling | 1992-11-30 | PrivateOperatingFndtnRulingDt |
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $445,448 | CurrentYearAmt |
| Year1 | $483,708 | Year1Amt |
| Year2 | $589,821 | Year2Amt |
| Year3 | $792,220 | Year3Amt |
| Total | $2,311,197 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $378,631 | CurrentYearAmt |
| Year1 | $411,152 | Year1Amt |
| Year2 | $501,348 | Year2Amt |
| Year3 | $673,387 | Year3Amt |
| Total | $1,964,517 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,303,950 | CurrentYearAmt |
| Year1 | $10,304,952 | Year1Amt |
| Year2 | $9,422,813 | Year2Amt |
| Year3 | $9,280,164 | Year3Amt |
| Total | $38,311,879 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $0 | CurrentYearAmt |
| Year1 | $0 | Year1Amt |
| Year2 | $0 | Year2Amt |
| Year3 | $0 | Year3Amt |
| Total | $0 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,303,950 | CurrentYearAmt |
| Year1 | $10,304,952 | Year1Amt |
| Year2 | $9,422,813 | Year2Amt |
| Year3 | $9,280,164 | Year3Amt |
| Total | $38,311,879 | TotalAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $296,965 | CurrentYearAmt |
| Year1 | $322,472 | Year1Amt |
| Year2 | $393,214 | Year2Amt |
| Year3 | $528,147 | Year3Amt |
| Total | $1,540,798 | TotalAmt |
Total Support TotalSupportGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Public Support Type PublicSupportType
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Largest Support From EO LargestSupportFromEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Investment Income GrossInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
| Total Grant Or Contri Pd Dur Yr | $0 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| NET RESIDENT REVENUE | $9,180,590 | ||
| MISC. RESIDENT SERVICES | 03 | $328,586 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $178,997 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531120 | BusinessCd |
| Unrelated Business Taxbl Incm | $39,873 | UnrelatedBusinessTaxblIncmAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $87,845 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $405,618 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $39,873 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,001,046 | ExclusionAmt |
| Related Or Exempt Function Incm | $9,180,590 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,221,509 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1A | LineNumberTxt |
| Relationship Statement | THE ORGANIZATION OPERATED A CONTINUING CARE RETIREMENT COMMUNITY FOR ELDERLY PERSONS WHOSE CONDITION IN LIFE RENDERS THEM OBJECTS OF CHARITY AND FOR WHOM NO SUFFICIENT AID OR HELP IS PROVIDED BY PUBLIC AUTHORITY. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $34,921 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $34,921 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $2,297,293 | EOYBookValueAmt |
| EOYFMV | $2,297,293 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $6,067,836 | BookValueAmt |
| EOYFMV | $6,067,836 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND - WOODLANDS | $301,058 | $0 | $301,058 | $301,058 |
| LAND - OTHER | $9,195 | $0 | $9,195 | $9,195 |
| LAND IMPROVEMENTS | $3,818,302 | $3,207,462 | $610,840 | $610,840 |
| BUILDING AND IMPROVEMENTS | $41,420,141 | $16,810,794 | $24,609,347 | $24,609,347 |
| FURNITURE AND EQUIPMENT | $9,271,383 | $4,109,425 | $5,161,958 | $5,161,958 |
| CONSTRUCTION IN PROGRESS | $0 | $0 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $38,659 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $38,659 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Mortgages And Notes Payable Sch MortgagesAndNotesPayableSch
Note Payable NotePayableGrp
Lender Name LenderNameGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CABELL COUNTY WV BONDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Insider Relationship | NONE | InsiderRelationshipTxt |
| Loan Original | $23,000,000 | LoanOriginalAmt |
| Balance Due | $20,297,149 | BalanceDueAmt |
| Note | 2013-12 | NoteDt |
| Loan Maturity | 2020-12 | LoanMaturityDt |
| Repayment Terms | AMORTIZATION THROUGH 2019 WITH A FINAL BALLOON PAYMENT DUE DECEMBER 17, 2020 | RepaymentTermsTxt |
| Interest | 3.740000000000 | InterestRt |
| Security Provided Borrower | REVENUES AND SECURITY INTEREST IN ALL REAL AND PERSONAL PROPERTY | SecurityProvidedBorrowerTxt |
| Loan Purpose | REFUNDING AND CONSTRUCTION LOAN | LoanPurposeTxt |
| Lender Consideration | CASH | LenderConsiderationDesc |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NET DEFERRED FINANCING COSTS | $323,776 | ||
| ACCRUED INTEREST RECEIVABLE | $21,157 | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| SUPPLIES AND FOOD | $1,245,826 | $0 | $186,874 | $1,058,952 |
| INSURANCE | $222,060 | $0 | $33,309 | $188,751 |
| ADMIN EXPENSES | $24,677 | $0 | $3,702 | $20,975 |
| RESIDENT SUPPLEMENT | $59,885 | $0 | $8,983 | $50,902 |
| BANK FEES | $40,183 | $0 | $6,027 | $34,156 |
| OTHER EXPENSES | $28,670 | $0 | $4,301 | $24,370 |
| TURNOVERS | $42,995 | $0 | $6,449 | $36,546 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTIES | $87,845 | $0 | $87,845 |
| NET RESIDENT REVENUE | $9,180,590 | $9,180,590 | |
| MISC. RESIDENT SERVICES | $328,586 | $328,586 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NET UNREALIZED LOSSES ON INVESTMENTS | $755,079 |
| TEMP RESTRICTED CONTRIBUTIONS | $11,798 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEPOSITS ON RESIDENT UNITS | $304,000 | $294,000 |
| RESIDENT TRUST FUNDS HELD ON BEHALF OF RESIDENTS | $18,021 | $11,132 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $527,987 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $79,198 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $448,789 | DisbursementsCharitablePrpsAmt |
Comments