FOSTER FOUNDATION INC: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- FOSTER FOUNDATION INC (EIN 55-0359756)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-07-22
- IRS object ID
- 201632049349100208
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Mortgages And Notes Payable Sch
- Other Assets Schedule
- Other Decreases 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 | 2016-07-22T14:03:24-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | 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 | 2015-01-01 | 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 | 2016-07-21 | 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 | 2016-07-21 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $44,303,549 | 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 | $775,581 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $396,276 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $396,276 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $396,276 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $396,413 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,258,502 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $396,413 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $396,413 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $8,990,312 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $8,990,312 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $10,558,582 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $792,689 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $9,783,001 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $277,190 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $2,772 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $274,418 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $5,183,899 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $466,551 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $4,717,348 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $30,837 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $30,837 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,936 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,397 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $26,539 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $463,022 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $69,453 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $393,569 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $840,572 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $840,572 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $1,647,767 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $1,647,767 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $1,129,608 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $169,441 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $960,167 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $26,741 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $4,011 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $22,730 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $159,304 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $23,896 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $135,408 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,741,468 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $71,854 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $250,441 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,419,173 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $11,528,344 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $73,251 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $3,532,280 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $7,922,813 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,528,344 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $73,251 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $3,532,280 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,922,813 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$969,762 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $719,438 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $6,250,721 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,000 | CashBOYAmt |
| Cash EOY | $1,100 | CashEOYAmt |
| Cash EOYFMV | $1,100 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $4,916,841 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $3,946,521 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $3,946,521 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $33,151 | AcctRcvblAmt |
| Acct Rcvbl BOY | $46,447 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $33,151 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $33,151 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $84,517 | InventoriesBOYAmt |
| Inventories EOY | $102,732 | InventoriesEOYAmt |
| Inventories EOYFMV | $102,732 | InventoriesEOYFMVAmt |
| Prepaid Expenses BOY | $20,771 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $53,376 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $53,376 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $843,175 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $1,186,590 | CorporateStockBOYAmt |
| Corporate Stock EOY | $155,404 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $155,404 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,807,046 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,645,155 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,645,155 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,926,262 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $7,364,885 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,364,885 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $49,717,115 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $20,075,519 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $27,176,048 | LandBOYAmt |
| Land EOY | $29,641,596 | LandEOYAmt |
| Land EOYFMV | $29,641,596 | LandEOYFMVAmt |
| Other Assets BOY | $353,168 | OtherAssetsBOYAmt |
| Other Assets EOY | $359,629 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $359,629 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,361,865 | TotalAssetsBOYAmt |
| Total Assets EOY | $44,303,549 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $44,303,549 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $713,634 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $636,669 | AccountsPayableEOYAmt |
| Deferred Revenue BOY | $10,372,214 | DeferredRevenueBOYAmt |
| Deferred Revenue EOY | $11,829,948 | DeferredRevenueEOYAmt |
| Mortgages And Notes Payable BOY | $22,435,176 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $21,848,558 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $370,256 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $4,709,343 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $33,891,280 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $39,024,518 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $11,450,042 | UnrestrictedBOYAmt |
| Unrestricted EOY | $5,257,907 | UnrestrictedEOYAmt |
| Temporarily Restricted BOY | $20,543 | TemporarilyRestrictedBOYAmt |
| Temporarily Restricted EOY | $21,124 | TemporarilyRestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,470,585 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,279,031 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,361,865 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $44,303,549 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,470,585 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$969,762 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,884,017 | OtherIncreasesAmt |
| Subtotal | $12,384,840 | SubtotalAmt |
| Other Decreases | $7,105,809 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,279,031 | 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 |
| Gross Sales Price | $9,258,502 | GrossSalesPriceAmt |
| Cost Or Other Basis | $8,862,089 | CostOrOtherBasisAmt |
| Gain Or Loss | $396,413 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $396,413 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $396,413 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $396,413 | 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 Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| SANDY DEPPNER WRIGHT | ||||||||
| 1 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | CHAIRPERSON | 3.00 | $0 | $0 | $0 |
| DAN KONRAD | ||||||||
| 2 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | VICE CHAIR | 3.00 | $0 | $0 | $0 |
| BC MCGINNIS | ||||||||
| 3 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| WILLIAM B DENNISON | ||||||||
| 4 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | SECRETARY | 2.00 | $0 | $0 | $0 |
| MARY WITTEN WISEMAN | ||||||||
| 5 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| STEVE ROBERTS | ||||||||
| 6 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 2.00 | $0 | $0 | $0 |
| EVAN JENKINS | ||||||||
| 7 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JEFFREY HARKINS | ||||||||
| 8 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | PRESIDENT/C.E.O. | 60.00 | $137,731 | $28,104 | $0 |
| EILEEN WHEELDON | ||||||||
| 9 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | C.F.O. | 60.00 | $95,299 | $16,056 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| KRISTY LEGG | ||||||||
| 10 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | MARKETING DIRECTOR | 45.00 | $104,827 | $15,053 | $0 |
| DANIEL COOK | ||||||||
| 11 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | HUMAN RESOURCES DIRE | 40.00 | $80,364 | $10,292 | $0 |
| CHRISTOPHER BLAIR | ||||||||
| 12 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | DIRECTOR OF NURSING | 45.00 | $78,686 | $5,279 | $0 |
| JASON EASTER | ||||||||
| 13 BRADLEY FOSTER DRIVE | HUNTINGTON | WV | 25701 | MAINTENANCE DIRECTOR | 55.00 | $64,794 | $11,435 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PEOPLE'S BANK NATIONAL ASSOC | |||||
| 138 PUTNAM ST P O BOX 738 | MARIETTA | OH | 45750 | BANKING | $1,440,278 |
| 84 LUMBER | |||||
| 5184 RT 60 E | HUNTINGTON | WV | 25705 | CONSTRUCTION SUPPLIES | $1,235,552 |
| BENEFIT ASSISTANCE CORP | |||||
| P O BOX 950 | HURRICANE | WV | 25526 | HEALTH INSURANCE | $778,125 |
| ROBT L ADKINS & SONS | |||||
| 36 TWIN OAKS DRIVE | HUNTINGTON | WV | 25701 | CONTRACT LABOR | $760,142 |
| US FOODS | |||||
| P O BOX 644540 | PITTSBURGH | PA | 15264 | FOOD | $504,401 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 26 | 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 | $11,455,093 | Expenses1Amt |
| Description2 | ACQUIRES ASSETS USED TO PROVIDE SHELTER AND SUPPORT TO RESIDENTS OF THE CONTINUING CARE COMMUNITY. | Description2Txt |
| Expenses2 | $1,500,000 | Expenses2Amt |
| Description3 | PROVIDES FINANCIAL SUBSIDIES TO RESIDENTS WHO ARE UNABLE TO PAY THE REGULAR MONTHLY CHARGES DUE TO FINANCIAL DIFFICULTY. | Description3Txt |
| Expenses3 | $52,000 | 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 | $11,608,326 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $367,728 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,976,054 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,976,054 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $179,641 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,796,413 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $589,821 | 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 | $7,922,813 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $1,500,000 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $9,422,813 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $9,422,813 | 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 | $589,821 | CurrentYearAmt |
| Year1 | $792,220 | Year1Amt |
| Year2 | $662,085 | Year2Amt |
| Year3 | $612,455 | Year3Amt |
| Total | $2,656,581 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $501,348 | CurrentYearAmt |
| Year1 | $673,387 | Year1Amt |
| Year2 | $562,772 | Year2Amt |
| Year3 | $520,587 | Year3Amt |
| Total | $2,258,094 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $9,422,813 | CurrentYearAmt |
| Year1 | $9,280,164 | Year1Amt |
| Year2 | $8,409,422 | Year2Amt |
| Year3 | $8,422,085 | Year3Amt |
| Total | $35,534,484 | 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 | $9,422,813 | CurrentYearAmt |
| Year1 | $9,280,164 | Year1Amt |
| Year2 | $8,409,422 | Year2Amt |
| Year3 | $8,422,085 | Year3Amt |
| Total | $35,534,484 | 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 | $393,214 | CurrentYearAmt |
| Year1 | $621,349 | Year1Amt |
| Year2 | $519,282 | Year2Amt |
| Year3 | $480,357 | Year3Amt |
| Total | $2,014,202 | 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 | $8,622,555 | ||
| MISC. RESIDENT SERVICES | 03 | $277,295 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $396,276 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $88,964 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $396,413 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SALE OF FIXED ASSETS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,498 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,160,446 | ExclusionAmt |
| Related Or Exempt Function Incm | $8,622,555 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $9,783,001 | 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 | $27,936 | Amt |
| Net Investment Income | $1,397 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $26,539 | 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 | $2,645,155 | EOYBookValueAmt |
| EOYFMV | $2,645,155 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | PUBLICLY TRADED SECURITIES | StockNm |
| EOY Book Value | $155,404 | EOYBookValueAmt |
| EOYFMV | $155,404 | 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 | $7,364,885 | BookValueAmt |
| EOYFMV | $7,364,885 | 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 | $3,773,815 | $2,953,108 | $820,707 | $820,707 |
| BUILDING AND IMPROVEMENTS | $39,467,448 | $14,690,161 | $24,777,287 | $24,777,287 |
| FURNITURE AND EQUIPMENT | $6,106,439 | $2,432,250 | $3,674,189 | $3,674,189 |
| CONSTRUCTION IN PROGRESS | $59,160 | $0 | $59,160 | $59,160 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $30,837 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $30,837 | 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 | $21,848,558 | 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 | $353,168 | $338,472 | $338,472 |
| ACCRUED INTEREST RECEIVABLE | $21,157 | $21,157 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| NET UNREALIZED LOSSES ON INVESTMENTS | $862,291 |
| RESTATEMENT RELATED TO OBLIGATION TO PROVIDE FUTURE SERVICES | $6,243,518 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| SUPPLIES AND FOOD | $1,298,303 | $0 | $194,745 | $1,103,558 |
| INSURANCE | $212,636 | $0 | $31,895 | $180,741 |
| ADMIN EXPENSES | $39,038 | $0 | $5,856 | $33,182 |
| RESIDENT SUPPLEMENT | $51,598 | $0 | $7,740 | $43,858 |
| BANK FEES | $71,854 | $71,854 | $0 | $0 |
| OTHER EXPENSES | $15,475 | $0 | $2,321 | $13,154 |
| TURNOVERS | $51,223 | $0 | $7,683 | $43,540 |
| CONTRACT LABOR | $1,341 | $0 | $201 | $1,140 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ROYALTIES | $88,964 | $0 | $88,964 |
| NET RESIDENT REVENUE | $8,622,555 | $8,622,555 | |
| MISC. RESIDENT SERVICES | $277,295 | $277,295 | |
| SALE OF FIXED ASSETS | $1,498 | $1,498 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN VALUE OF OBLIGATION TO PROVIDE FUTURE SERVICES | Desc |
| Amt | $1,884,017 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DEPOSITS ON RESIDENT UNITS | $354,000 | $332,000 |
| RESIDENT TRUST FUNDS HELD ON BEHALF OF RESIDENTS | $16,256 | $17,842 |
| OBLIGATION TO PROVIDE FUTURE SERVICES | $0 | $4,359,501 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $463,022 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $69,453 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $393,569 | DisbursementsCharitablePrpsAmt |