RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- RETIREMENT COMMUNITY OF FAIRBANKS (EIN 20-1253962)
- Tax period
- 2015-04-01 to 2016-03-31
- Filed
- 2016-09-12
- IRS object ID
- 201612569349300846
- Schema version
- 2015v2.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-09-12T18:26:17-05:00 | ReturnTs |
| Tax Period End | 2016-03-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920116098 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOHLER SCHMITT & HUTCHISON PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70607 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 997070607 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-04-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 201253962 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RETIREMENT COMMUNITY | BusinessNameLine1Txt |
| Business Name Line2 | OF FAIRBANKS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RETI | BusinessNameControlTxt |
| Phone | 9073745016 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 949 MCGOWN STREET | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHY ELLINGSON | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9073745016 | PhoneNum |
| Signature | 2016-09-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | GARRY HUTCHISON | PreparerPersonNm |
| PTIN | P00411208 | PTIN |
| Phone | 9074566676 | PhoneNum |
| Preparation | 2016-09-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATHY ELLINGSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 949 MCGOWN STREET | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,458,681 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RAVENLANDING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2004 | FormationYr |
| Legal Domicile State | AK | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION'S MISSION IS PROVIDE A DYNAMIC RESIDENCE FOR FAIRBANKS SENIORS WHERE DIVERSITY, SECURITY, HEALTHY LIVING, INDEPENDENCE, AND MUTUAL ASSISTANCE ARE CORE VALUES, AND A VIBRANT COMMUNITY CENTER FOR FAIRBANKS AREA EVENTS AND SENIOR ACTIVITIES | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 38 | TotalEmployeeCnt |
| Total Volunteers | 34 | TotalVolunteersCnt |
| Total Gross UBI | $239,437 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$24,402 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $164,524 | PYContributionsGrantsAmt |
| CY Contributions Grants | $266,735 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,706,720 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $2,116,742 | CYProgramServiceRevenueAmt |
| PY Investment Income | $563 | PYInvestmentIncomeAmt |
| CY Investment Income | $549 | CYInvestmentIncomeAmt |
| PY Other Revenue | $203,121 | PYOtherRevenueAmt |
| CY Other Revenue | $74,655 | CYOtherRevenueAmt |
| PY Total Revenue | $2,074,928 | PYTotalRevenueAmt |
| CY Total Revenue | $2,458,681 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $621,613 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $661,046 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $19,759 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,763,015 | PYOtherExpensesAmt |
| CY Other Expenses | $1,921,681 | CYOtherExpensesAmt |
| PY Total Expenses | $2,384,628 | PYTotalExpensesAmt |
| CY Total Expenses | $2,582,727 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$309,700 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$124,046 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $22,013,832 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,874,935 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,097,843 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,082,992 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,915,989 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $13,791,943 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S MISSION IS PROVIDE A DYNAMIC RESIDENCE FOR FAIRBANKS SENIORS WHERE DIVERSITY, SECURITY, HEALTHY LIVING, INDEPENDENCE, AND MUTUAL ASSISTANCE ARE CORE VALUES, AND A VIBRANT COMMUNITY CENTER FOR FAIRBANKS AREA EVENTS AND SENIOR ACTIVITIES | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,485,079 | ExpenseAmt |
| Revenue | $1,353,820 | RevenueAmt |
| Desc | RETIREMENT COMMUNITY OF FAIRBANKS PROVIDES MARKET-RATE RENTAL HOUSING TO SENIORS. DURING 2016, THREE FACILITIES (20 UNITS EACH) WERE RENTED FOR THE FULL YEAR. A NEW FACILITY OPENED FOR 1 MONTH IN FY16 TO PRODUCE RENTAL INCOME. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $878,460 | ExpenseAmt |
| Revenue | $762,922 | RevenueAmt |
| Desc | THE COMMUNITY CENTER IS THE CORE OF RAVEN LANDING COMMUNITY. IT IS THE GATHERING PLACE FOR FAIRBANKS SENIORS WITH MANY CLASSES, INTEREST GROUP MEETINGS, A LOUNGE, AND LIBRARY FOR RELAXING AND VISITING WITH FRIENDS. A SKILLED AND CREATIVE CATERING STAFF IS AVAILABLE ON SITE TO PROVIDE MEALS FOR ANY SIZE GROUP. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $2,363,539 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (true) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 38 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN MOTTER | PersonNm |
| Phone | 9073745016 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73006 | AddressLine1Txt |
| City | FAIRBANKS | CityNm |
| State Abbreviation | AK | StateAbbreviationCd |
| ZIP | 99707 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KAREN PARR | ||||||
| FY16 PRESIDE | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MEG MARY GREENE | ||||||
| VICE PRESIDE | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KATHY ELLINGSON | ||||||
| PRESIDENT | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE COOK | ||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| MIKE FISHER | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| ARLAYNE KNOX | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| RANDY CHEAP | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| EMILY ENNIS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MARY ANN BORCHERT | ||||||
| SECRETARY | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GALEN JOHNSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| PEGGY POLLEN | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| SUSAN MOTTER | ||||||
| GENERAL MANA | 50.00 | Yes (X) | $72,405 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $72,405 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $266,735 | AllOtherContributionsAmt |
| Noncash Contributions | $16,250 | NoncashContributionsAmt |
| Total Contributions | $266,735 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| COMMUNITY CENTER | 531110 | $523,485 | $523,485 | |
| RAVEN LANDING II | 531110 | $461,231 | $461,231 | |
| RAVEN LANDING III | 531110 | $437,012 | $437,012 | |
| RAVEN LANDING I | 531110 | $430,112 | $430,112 | |
| COMMUNITY CENTER | 722320 | $239,437 | $239,437 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $25,465 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $25,465 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $2,116,742 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $549 | TotalRevenueColumnAmt |
| Exclusion | $549 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $62,466 | FundraisingGrossIncomeAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,466 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MISC INCOME | 531110 | $6,310 | $6,310 |
| APPLICATION FEES | 531110 | $5,879 | $5,879 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $12,189 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,458,681 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,889,494 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $239,437 | UnrelatedBusinessRevenueAmt |
| Exclusion | $549 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,669 | TotalAmt |
| Program Services | $45,935 | ProgramServicesAmt |
| Management And General | $24,734 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $518,002 | TotalAmt |
| Program Services | $435,864 | ProgramServicesAmt |
| Management And General | $82,138 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,230 | TotalAmt |
| Program Services | $16,576 | ProgramServicesAmt |
| Management And General | $3,654 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,145 | TotalAmt |
| Program Services | $42,680 | ProgramServicesAmt |
| Management And General | $9,465 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $275 | TotalAmt |
| Program Services | $100 | ProgramServicesAmt |
| Management And General | $175 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,070 | TotalAmt |
| Management And General | $25,070 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,087 | TotalAmt |
| Management And General | $11,087 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,429 | TotalAmt |
| Program Services | $23,466 | ProgramServicesAmt |
| Management And General | $11,204 | ManagementAndGeneralAmt |
| Fundraising | $19,759 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,010 | TotalAmt |
| Program Services | $363,950 | ProgramServicesAmt |
| Management And General | $2,060 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $450,317 | TotalAmt |
| Program Services | $424,613 | ProgramServicesAmt |
| Management And General | $25,704 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $589,729 | TotalAmt |
| Program Services | $589,729 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,438 | TotalAmt |
| Program Services | $85,125 | ProgramServicesAmt |
| Management And General | $3,313 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| TENANT SERVICES | $207,165 | $207,100 | $65 |
| COGS | $84,119 | $84,119 | |
| TELEPHONE | $28,582 | $26,864 | $1,718 |
| TRAVEL & MEETINGS | $7,409 | $5,570 | $1,839 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,051 | TotalAmt |
| Program Services | $11,848 | ProgramServicesAmt |
| Management And General | -$2,797 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,582,727 | TotalAmt |
| Program Services | $2,363,539 | ProgramServicesAmt |
| Management And General | $199,429 | ManagementAndGeneralAmt |
| Fundraising | $19,759 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,240 | BOYAmt |
| EOY | $100,573 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,138 | BOYAmt |
| EOY | $625,831 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,460 | BOYAmt |
| EOY | $15,030 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $15,714 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $118,914 | BOYAmt |
| EOY | $76,072 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $31,076,125 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $2,112,225 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,398,538 | BOYAmt |
| EOY | $28,963,900 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,733 | BOYAmt |
| EOY | $54,514 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,809 | BOYAmt |
| EOY | $23,301 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,013,832 | BOYAmt |
| EOY | $29,874,935 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,969 | BOYAmt |
| EOY | $171,053 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,710,479 | BOYAmt |
| EOY | $15,536,152 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $280,395 | BOYAmt |
| EOY | $375,787 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,097,843 | BOYAmt |
| EOY | $16,082,992 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,314,848 | BOYAmt |
| EOY | $4,099,108 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,601,141 | BOYAmt |
| EOY | $9,692,835 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,915,989 | BOYAmt |
| EOY | $13,791,943 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,013,832 | BOYAmt |
| EOY | $29,874,935 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$124,046 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,010,887 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,263,934 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,872,311 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $164,524 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $266,735 | CurrentTaxYearAmt |
| Total | $12,578,391 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,010,887 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,263,934 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,872,311 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $164,524 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $266,735 | CurrentTaxYearAmt |
| Total | $12,578,391 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $12,578,391 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $803 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $871 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $549 | CurrentTaxYearAmt |
| Total | $3,492 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $521,292 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,046,783 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,630,648 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,713,670 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,889,494 | CurrentTaxYearAmt |
| Total | $6,801,887 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $19,383,770 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $6,864,353 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.64890 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74910 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | PROGRAM REVENUE 6,801,887 | ExplanationTxt |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,674,832 | OtherCostOrOtherBasisAmt |
| Book Value | $3,674,832 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $26,719,910 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,884,921 | DepreciationAmt |
| Book Value | $24,834,989 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $525,641 | OtherCostOrOtherBasisAmt |
| Depreciation | $207,189 | DepreciationAmt |
| Book Value | $318,452 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $155,742 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,115 | DepreciationAmt |
| Book Value | $135,627 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $28,963,900 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| PREPAID RENT | $194,844 |
| PREPAID DEPOSITS | $106,984 |
| LINE OF CREDIT | $50,000 |
| DEFERRED INTEREST | $23,959 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $375,787 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,496,409 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $37,728 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $37,728 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,458,681 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,458,681 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,620,455 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $37,728 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $37,728 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,582,727 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,582,727 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE D, PAGE 3, PART X | PART X - FIN 48 FOOTNOTE RETIREMENT COMUUNITY OF FAIRBANKS IS EXEMPT FROM INCOME TAXES AS A NONPROFIT CORPORATION UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRES RECOGNITION OF LIABILITIES FOR UNCERTAIN TAX POSITIONS, WHERE A LIABILITY WOULD MORE LIKELY THAN NOT BE ASSESSED BY A TAXING AUTHORITY. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITION AND DETERMINED THER ARE NO LIABILTIES REQUIRED TO BE RECOGNIZED. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL OR STATE GOVERNEMNT FOR TAX YEARS PRIOR TO 2013. |
| SCHEDULE D, PAGE 4, PART XII, LINE 4B | ERROR ON AMORTIZATION -1,626 BOOK / TAX DEPRECIATION DIFFERENCE 1,626 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Licensed States | AK | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CROSS THE FINIS | Event1Nm |
| Gross Receipts Event1 | $47,942 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $47,942 | GrossRevenueEvent1Amt |
| Event2 | ART AUCTION | Event2Nm |
| Gross Receipts Event2 | $14,524 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $14,524 | GrossRevenueEvent2Amt |
| Gross Receipts Total | $62,466 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $62,466 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $62,466 | NetIncomeSummaryAmt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (8 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KAREN PARR | |||
| PRESIDENT | $26,580 | RENT | false |
| ARLAYNE KNOX | |||
| DIRECTOR | $32,160 | RENT | false |
| KAREN PARR | |||
| PRESIDENT | $31,027 | DONATIONS | false |
| ARLAYNE KNOX | |||
| DIRECTOR | $5,000 | DONATIONS | false |
| PEGGY POLLEN | |||
| DIRECTOR | $11,000 | DONATION | false |
| MEG GREENE | |||
| DIRECTOR | $7,000 | DONATION | false |
| MIKE FISCHER | |||
| DIRECTOR | $6,000 | DONATION | false |
| RASMUSSON FOUNDATION | |||
| CONTRIBUTOR | $135,000 | GRANT/DONATION | false |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE ORGANIZATION'S MISSION IS PROVIDE A DYNAMIC RESIDENCE FOR FAIRBANKS SENIORS WHERE DIVERSITY, SECURITY, HEALTHY LIVING, INDEPENDENCE, AND MUTUAL ASSISTANCE ARE CORE VALUES, AND A VIBRANT COMMUNITY CENTER FOR FAIRBANKS AREA EVENTS AND SENIOR ACTIVITIES |
| FORM 990, PAGE 1, PART I, LINE 6 | FRONT OFFICE RECEPTIONIST VOLUNTEER HOURS ARE FOR FIVE DAYS A WEEK AND SIX HOURS A DAY |
| FORM 990, PAGE 6, PART VI, LINE 11B | COPY OF FORM 990 REVIEWED BY BOARD MEMBER FOR CONTENT. ONCE ALL INFORMATION WAS COMPLETED, THE FINAL FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW. |
| FORM 990, PAGE 6, PART VI, LINE 19 | POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON WRITTEN REQUEST. |
| FORM 990, PART XI, LINE 9 | ERROR ON AMORTIZATION -1,626 BOOK / TAX DEPRECIATION DIFFERENCE 1,626 |
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