2025-11-07T12:40:51+00:00 2024-12-31 440160260 Forvis Mazars LLP 255 South Orange Avenue Suite 600 Orlando FL 32801 990 2024-01-01 591782481 CANTERBURY TOWER INC CANT 8138371083 3501 BAYSHORE BOULEVARD TAMPA FL 33629 CARIDAD VINAS PRESIDENT 8138371083 2025-11-07 true true Peter Gubler P00190185 4077405400 2025-11-15 2024 2025-03-06 01:10:19Z CARIDAD VINAS 3501 BAYSHORE BOULEVARD TAMPA FL 33629 11463881 false X WWW.CANTERBURYTOWER.ORG X 1976 FL OPERATION OF CONTINUING CARE RETIREMENT COMMUNITY TO PROVIDE HOUSING AND SERVICES TO THE ELDERLY. 6 4 122 50 0 6913 10880 9235175 10547872 768111 834830 70299 10010199 11463881 0 0 5765016 6064289 0 0 6054503 5910856 11819519 11975145 -1809320 -511264 24968069 27001137 17245808 19176178 7722261 7824959 THE ORGANIZATION'S MISSION IS TO PROVIDE HOUSING, HEALTH CARE, AND OTHER PERSONAL SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY IN TAMPA, FLORIDA. false false 9860430 0 10547872 THE ORGANIZATION PROVIDES HOUSING, HEALTH CARE, AND OTHER PERSONAL SERVICES FOR THE ELDERLY THROUGH THE OPERATION OF A LICENSED CONTINUING CARE RETIREMENT COMMUNITY IN TAMPA, FLORIDA. AS OF DECEMBER 31, 2024, THE COMMUNITY IS COMPRISED OF 124 INDEPENDENT LIVING APARTMENTS, 60 SKILLED NURSING BEDS AND 17 ASSISTED LIVING BEDS. THE TOWER OPERATES UNDER THE CONTINUING CARE CONCEPT WHEREBY RESIDENTS ENTER INTO AN ENDOWMENT AGREEMENT WHICH REQUIRES PAYMENT OF A ONE-TIME ENDOWMENT FEE AND MONTHLY MAINTENANCE FEES. GENERALLY, PAYMENT OF THESE FEES ENTITLES RESIDENTS TO THE USE AND PRIVILEGES OF THE TOWER FOR LIFE. 9860430 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false false true 28 0 true 122 true false false false false false false false false false false false false X 6 4 false false false false false false false true true false false false true true true true true true true true false false FL X CACHI GIL 8138371083 3501 BAYSHORE BOULEVARD TAMPA FL 336298901 ALTON C WARD VICE PRESIDENT 1.0 X X 0 0 0 CARIDAD VINAS NHA PRESIDENT 60.0 X X 368225 0 46618 DOUGLAS B CONNOR EXECUTIVE CHAIRMAN 1.0 X X 0 0 0 FOREST BOUSHALL TREASURER 1.0 X X 0 0 0 SUSAN P CONLEY CEO 40.0 X X 199038 0 26370 DR JOEL SILVERFIELD TRUSTEE 1.0 X 0 0 0 CARIDAD GIL CONTROLLER 40.0 X 130000 0 40557 AARON BROWN NURSING HOME ADMINISTRATOR 40.0 X 125000 0 54450 SANDRA ROSS MARKETING DIRECTOR 40.0 X 202939 0 19175 YOLANDA PUJOL NURSING HOME ADMINISTRATOR 40.0 X 107308 0 11765 1132510 0 198935 6 false true false SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 152516170 FOOD SERVICES 1715390 OB FLOORING INC 2409 N ARMENIA AVE TAMPA FL 33607 CONSTRUCTION SERVICES 722547 MOMENTUM REHABILITATION LLC 3314 W CORONA ST TAMPA FL 33629 THERAPY SERVICES 308397 MEDLINE INDUSTRIES INC DEPT CH 14400 PALATINE IL 900554400 MEDICAL SUPPLIES 104515 VISUAL EDGE IT INC 1801 W OLYMPIC BLVD PASADENA CA 911992594 IT SERVICES 103760 5 10880 10880 MAINTENANCE FEES 623000 3992683 3992683 NET HEALTH CARE SERVICES 623000 3053370 3053370 EARNED ENTRANCE FEES 623000 2925440 2925440 ASSISTED LIVING REVENUE 623000 506240 506240 OTHER RESIDENT REVENUE 623000 70139 70139 0 0 0 0 10547872 834830 834830 70299 0 70299 0 70299 70299 0 0 0 0 0 0 0 0 11463881 10547872 0 905129 810809 432830 377979 4164717 3444190 720527 53200 24180 29020 695617 524094 171523 339946 270638 69308 56178 56178 34000 34000 77099 77099 519422 504507 14915 0 91576 91576 371107 252680 118427 126630 126630 884250 878777 5473 52955 52778 177 17792 17218 574 1203066 1123922 79144 471252 334077 137175 FOOD EXPENSES 1718152 1718152 SUPPLIES 205522 201178 4344 RESIDENT ACTIVITIES 53908 53908 EMPLOYEE RECOGNITION 19941 19295 646 8006 8006 0 0 11975145 9860430 2114715 0 31155 13600 727659 1754046 452296 235558 0 0 0 0 22231 28229 35936 20963 36727875 29157416 7886914 7570459 17118979 15634164 0 177714 259303 0 0 24968069 27001137 739004 635483 16062668 18061818 0 0 444136 478877 17245808 19176178 X 7722261 7824959 7722261 7824959 24968069 27001137 -511264 613962 0 X X false true true false X 387174 41131 10130 6913 10880 456228 9206169 8560430 8199842 9235175 10547872 45749488 0 0 0 9593343 8601561 8209972 9242088 10558752 46205716 0 0 0 0 0 0 295289 143372 151768 126626 103573 820628 295289 143372 151768 126626 103573 820628 45385088 351402 149003 629425 768111 905129 2803070 0 351402 149003 629425 768111 905129 2803070 0 0 0 0 0 0 0 9944745 8750564 8839397 10010199 11463881 49008786 0.92606 0.94449 0.06 0.0475 X 739701 739701 30364210 23902576 6461634 4378292 4292373 85919 1245672 962467 283205 7570459 Federal Income Taxes ADVANCE DEPOSITS 205587 EXECUTIVE DEFERRED RETIREMENT PAYABLE 273290 478877 X 12000744 613962 0 613962 11386782 77099 0 77099 11463881 11898046 0 0 11898046 77099 0 77099 11975145 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CANTERBURY TOWER, INC. IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, WITH CERTAIN STATUTORY EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL OR STATE OF FLORIDA TAXING AUTHORITIES FOR ANY YEARS BEFORE THE TAX YEAR ENDED DECEMBER 31, 2021. X X X false false false false false false false false false SUSAN P CONLEY CEO 169759 0 0 0 29279 0 7952 0 18418 0 225408 0 0 0 CARIDAD VINAS NHA PRESIDENT 360772 0 0 0 7453 0 7453 0 39165 0 414843 0 0 0 CARIDAD GIL CONTROLLER 126100 0 0 0 3900 0 3900 0 36657 0 170557 0 0 0 SANDRA ROSS MARKETING DIRECTOR 195777 0 0 0 7162 0 6625 0 12550 0 222114 0 0 0 AARON BROWN NURSING HOME ADMINISTRATOR 119712 0 0 0 5288 0 4519 0 49931 0 179450 0 0 0 Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION PUBLISHED COMPARABLE DATA IS UTILIZED TO DETERMINE WHETHER COMPENSATION PAID TO TOP MANAGEMENT AND KEY EMPLOYEES IS REASONABLE. ALL EMPLOYEESRECEIVE AN ANNUAL PERFORMANCE EVALUATION AND COMPENSATION REVIEW, CONDUCTED BY AN INDIVIDUAL WHO IS INDEPENDENT WITH RESPECT TO THE COMPENSATION BEING CONSIDERED. PROPOSED COMPENSATION IS DOCUMENTED ALONG WITH THE APPROVED BUDGET. THE PROCESS FOR REVIEWING AND APPROVING COMPENSATION IS DOCUMENTED IN THE ORGANIZATION'S POLICIES AND PROCEDURES MANUAL. Form 990, Part VI, Line 11b Review of form 990 by governing body THE BOARD REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED WITH THE IRS. THE PROCESS IS DOCUMENTED IN BOARD MINUTES. Form 990, Part VI, Line 12c Conflict of interest policy ALL DIRECTORS, OFFICERS AND COMMITTEE MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS AND SIGN AFFIDAVIT. ACTUAL CONFLICTS OF INTEREST ARE INVESTIGATED BY AN INDEPENDENT PERSON, THE BOARD'S ATTORNEY, BUCHANNAN INGERSOLL AND ROONEY. THE BOARD'S ATTORNEY INVESTIGATES ALTERNATIVES TO THE TRANSACTION OR ISSUE IN WHICH THE CONFLICT OF INTEREST AROSE. IF AN ALTERNATIVE CANNOT BE REASONABLY ATTAINED, THE INDIVIDUAL WITH THE CONFLICT IS PRECLUDED FROM VOTING ON MATTERS TO WHICH THE CONFLICT PERTAINS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. A NOTICE IS POSTED ON A CENTRALLY LOCATED BULLETIN BOARD TO INFORM THE PUBLIC OF THE AVAILABILITY OF THE DOCUMENTS. Form 990, Part XII, Line 2c Change of oversight process or selection process OVERSIGHT OF AUDIT: THE BOARD OF DIRECTORS HAS RESPONSIBILITY FOR OVERSIGHT OF AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.