GALLOWAY RIDGE INC: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- GALLOWAY RIDGE INC (EIN 56-2277623)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-08-06
- IRS object ID
- 201402189349300405
- Schema version
- 2013v3.0
- 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 | 2014-08-06T06:44:19-05:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 560747981 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 RIDGEFIELD COURT | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 28806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562277623 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GALLOWAY RIDGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GALL | BusinessNameControlTxt |
| Phone | 9195452215 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 GALLOWAY RIDGE | AddressLine1 |
| City | PITTSBORO | City |
| State | NC | State |
| ZIP Code | 27312 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LIDA COLEMAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9195452215 | PhoneNum |
| Signature | 2014-08-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEREMY NAESS | PreparerPersonNm |
| PTIN | P01306905 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DALE OLBRICH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 GALLOWAY RIDGE | AddressLine1 |
| City | PITTSBORO | City |
| State | NC | State |
| ZIP Code | 27312 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,715,199 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GALLOWAYRIDGE.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | OPERATION OF CONTINUING CARE RETIREMENT COMMUNITY | ActivityOrMissionDesc |
| Voting Members Governing Body | 16 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 16 | VotingMembersIndependentCnt |
| Total Employee | 448 | TotalEmployeeCnt |
| Total Volunteers | 205 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $194,438 | PYContributionsGrantsAmt |
| CY Contributions Grants | $375,390 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $20,962,036 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $22,060,908 | CYProgramServiceRevenueAmt |
| PY Investment Income | $41,551 | PYInvestmentIncomeAmt |
| CY Investment Income | $38,335 | CYInvestmentIncomeAmt |
| PY Other Revenue | $294,988 | PYOtherRevenueAmt |
| CY Other Revenue | $240,566 | CYOtherRevenueAmt |
| PY Total Revenue | $21,493,013 | PYTotalRevenueAmt |
| CY Total Revenue | $22,715,199 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $11,000 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $8,842,853 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $9,999,835 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,897,142 | PYOtherExpensesAmt |
| CY Other Expenses | $17,013,262 | CYOtherExpensesAmt |
| PY Total Expenses | $23,750,995 | PYTotalExpensesAmt |
| CY Total Expenses | $27,013,097 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,257,982 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,297,898 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $152,513,609 | TotalAssetsBOYAmt |
| Total Assets EOY | $145,467,605 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $174,344,023 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $177,817,282 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$21,830,414 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$32,349,677 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF GALLOWAY RIDGE IS TO PROVIDE EACH RESIDENT WITH A SUPERIOR QUALITY OF LIFE AND CARE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,385,606 | ExpenseAmt |
| Revenue | $22,060,908 | RevenueAmt |
| Desc | GALLOWAY RIDGE, INC. PROVIDED HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RESIDENT FACILITY CONTAINING 301 INDEPENDENT LIVING UNITS, 36 ASSISTED LIVING UNITS, 15 MEMORY CARE UNITS AND 40 SKILLED NURSING UNITS. GALLOWAY RIDGE WELCOMED ITS FIRST RESIDENTS IN 2005 WITH A MISSION OF PROVIDING ITS RESIDENTS SUPERIOR SERVICES AT A REASONABLE COST AND STRIVING TO PROVIDE A COMPLEMENT OF SERVICES TO SUPPORT THE RESIDENT'S HEALTH, SOCIAL, SPIRITUAL AND RECREATIONAL NEEDS. SINCE INCEPTION, GALLOWAY RIDGE HAS PAID PROPERTY TAXES TO CHATHAM COUNTY IN A TOTAL AMOUNT EQUAL TO $4,022,556, $658,439 OF WHICH WAS PAID MOST RECENTLY IN 2013. IN ADDITION TO PAYING PROPERTY TAXES, GALLOWAY RIDGE HAS CONSISTENTLY ENGAGED IN A VARIETY OF OTHER CHARITABLE EFFORTS AND CONTRIBUTIONS. IN 2013, GALLOWAY RIDGE ASSISTED RESIDENTS WHO COULD NOT PAY THEIR MONTHLY SERVICE FEE ($61,585), MADE CASH DONATIONS TO LOCAL NONPROFITS ($50,000), AND PROVIDED FITNESS MEMBERSHIPS TO ITS EMPLOYEES ($233,244).SOON AFTER OPENING, IN 2006, THE GALLOWAY RIDGE CHARITABLE FUND WAS ESTABLISHED AT THE RECOMMENDATION OF THE BOARD OF DIRECTORS' SOCIAL ACCOUNTABILITY COMMITTEE, A STANDING COMMITTEE OF THE BOARD. THE CHARITABLE FUND WAS ORGANIZED AND CONTINUES TO OPERATE FOR THE FOLLOWING PURPOSES:(A) TO CARRY OUT THE MISSION OF GALLOWAY RIDGE AS STATED IN THE GALLOWAY RIDGE BYLAWS.(B) TO PROVIDE OR FUND "CHARITY CARE," DEFINED AS THE UNREIMBURSED COSTS TO GALLOWAY RIDGE OF PROVIDING HEALTHCARE, HOUSING OR OTHER SERVICES TO RESIDENTS WHO ARE UNABLE TO PAY FOR ALL OR PART OF THE SERVICES RENDERED.(C) TO PROVIDE OR FUND "COMMUNITY BENEFITS," DEFINED AS THE UNREIMBURSED COSTS TO GALLOWAY RIDGE OF PROVIDING THE FOLLOWING:I. SERVICES, INCLUDING HEALTH, RECREATION, COMMUNITY RESEARCH, AND EDUCATION ACTIVITIES PROVIDED TO THE COMMUNITY AT LARGE, INCLUDING THE ELDERLY.II. CHARITABLE DONATIONS.III. DONATED VOLUNTEER SERVICES.IV. DONATIONS AND VOLUNTARY PAYMENTS TO GOVERNMENT AGENCIES.(D) TO SOLICIT, RECEIVE, ADMINISTER, INVEST AND DISTRIBUTE FUNDS FOR THE PURPOSES LISTED ABOVE.CONTRIBUTIONS TO THE GALLOWAY RIDGE CHARITABLE FUND MAY BE DESIGNATED THESE PURPOSES: I) SUPPORT FOR GALLOWAY RIDGE RESIDENTS WHO MAY NEED ASSISTANCE WITH FEES IN THE FUTURE BECAUSE OF DIFFICULT FINANCIAL CIRCUMSTANCES; II) SUPPORT OF THE CHATHAM COMMUNITY; GALLOWAY RIDGE AND ITS RESIDENTS HAVE FOSTERED AND ESTABLISHED RELATIONSHIPS WITH NUMEROUS AGENCIES AND ORGANIZATIONS THROUGHOUT THE COMMUNITY INCLUDING THE FOLLOWING:BRIAN CHAPEL CONSULTING, MEALS ON WHEELS, EUCHARISTIC MINISTER,CHAPEL IN THE PINES, NORTH CHATHAM SCHOOL, HABITAT HOME STORE,CHATHAM COUNTY DEMOCRATICS, READING PROGRAM @ PITTSBORO ELEMENTARY,CHATHAM COUNTY HUMAN RELATIONS COMMISSION, SECOND BLOOM THRIFT STORE,CHATHAM HOUSING COALITION, ST. BARTHOLOMEW'S, FHA OFFICE,CHATHAM OUTREACH ALLIANCE FOOD PANTRY, ST. JULIA CHURCH,COMMUNITY EDUCATION FOUNDATION, ST. THOMAS MORE CHURCH,COMMUNITY INDEPENDENT SCHOOL, TUTORING AT SCROGGS SCHOOL,COMMUNITY KITCHEN CHAPEL HILL, UNC HOSPITAL/HOSPICE VOLUNTEER,CONTINUING CARE COMMUNITY RESIDENTS, UNC LIBRARY,CORNUCOPIA HOUSE, UNC TOUR, FEARRINGTON CARES,DEEP RIVER MEDIATION, UNITED METHODIST RETIREMENT HOME FOUNDATION,DUKE UNIVERSITY HEART CENTER, UNITED WAY, VILLAGE VOICES,DUKE UNIVERSITY HOSPITAL VOLUNTEER VISITOR, UNIVERSITY UNITED METHODIST CHURCH,ENGLISH AS A SECOND LANGUAGE TUTOR, MCDOUGAL ELEMENTARY SCHOOL LIBRARY,FEARRINGTON HOUSE, FEARRINGTON WOMAN'S CLUB,IN 2013, GALLOWAY RIDGE NOT ONLY SUPPORTED THE ABOVE MENTIONED ORGANIZATIONS BY FOSTERING AN ENVIRONMENT THAT SUPPORTED AND ENCOURAGED ITS RESIDENTS AND EMPLOYEES TO VOLUNTEER, IT ALSO MADE THE FOLLOWING CASH COMMITMENTS:O BYNUM FRONT PORCH ($1,000)O CCCC FOUNDATION ($5,000)O CHATHAM CARES COMMUNITY PHARMACY ($3,000)O CHATHAM COUNTY LITERACY COUNCIL ($2,000)O CHATHAM COUNTY SCHOOLS - CAUSE CAMP ($7,000)O CHATHAM SOCCER LEAGUE ($3,000)O CHATHAM OUTREACH ALLIANCE DBA CORA FOOD PANTRY ($5,000)O EL FUTURO ($5,000)O FAMILY VIOLENCE AND RAPE CRISIS CENTER ($7,500)O HISPANIC LIAISON ($5,000)O NORTHWOOD HIGH SCHOOL ($1,500) O WEST CHATHAM FOOD PANTRY ($5,000) | Desc |
| Total Program Service Expenses | $22,385,606 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 448 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 16 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 16 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT ZIMMER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9195452608 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3000 GALLOWAY RIDGE | AddressLine1 |
| City | PITTSBORO | City |
| State | NC | State |
| ZIP Code | 27312 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| EDMUND DALE OLBRICH | ||||||
| PRESIDENT AND CHAIRMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BILL BROWDER | ||||||
| VICE CHAIRMAN | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DAVIE NYCUM | ||||||
| SECRETARY | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| LIDA COLEMAN | ||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JAMES ANDERSON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PEGI BRADY | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DICK CRAFTS | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LYNDA BROWER-ISABEL | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| PAM HERNDON | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RICHARD KAHLER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RUTH KATZ | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JIM MILLER | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LEE PAVAO | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JAMES ROUSE | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN ZAREMBA | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RALPH YOUNG | ||||||
| BOARD MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HEATHER BACHMAN RUSNAK | ||||||
| EXECUTIVE DIRECTOR | 50.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT ZIMMER | ||||||
| CFO | 50.00 | Yes (X) | $118,110 | $0 | $13,641 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $118,110 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $13,641 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| REHAB CARE GROUP INC | |||||
| PO BOX 503534 | ST LOUIS | MO | 63150 | CONTRACT THERAPY SERVICES | $927,369 |
| CRSALCS MANAGEMENT LLC | |||||
| 400 LOCUST ST STE 820 | DES MOINES | IA | 50309 | MANAGEMENT COMPANY | $854,521 |
| BURTON'S SERVICES | |||||
| PO BOX 321 | MOCKSVILLE | NC | 27028 | FIREPROOFING | $329,340 |
| BLAND LANCSCAPING | |||||
| PO BOX 727 | APEX | NC | 27505 | LANDSCAPING | $320,356 |
| PAINTING ENTERPRISE | |||||
| 50 KENTVIEW | PITTSBORO | NC | 27312 | PAINTING | $140,459 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $375,390 | AllOtherContributionsAmt |
| Total Contributions | $375,390 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDENT SERVICES | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $22,060,908 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,060,908 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $22,060,908 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,335 | TotalRevenueColumnAmt |
| Exclusion | $38,335 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $66,068 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $66,068 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $66,068 | TotalRevenueColumnAmt |
| Exclusion | $66,068 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| DINING INCOME | 900099 | $153,047 | $153,047 |
| MISCELLANEOUS INCOME | 900099 | $21,451 | $21,451 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $174,498 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,715,199 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $22,060,908 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $278,901 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,821,720 | TotalAmt |
| Program Services | $6,405,255 | ProgramServicesAmt |
| Management And General | $1,416,465 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,289 | TotalAmt |
| Program Services | $56,289 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,462,078 | TotalAmt |
| Program Services | $13,680 | ProgramServicesAmt |
| Management And General | $1,448,398 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $659,748 | TotalAmt |
| Program Services | $465,522 | ProgramServicesAmt |
| Management And General | $194,226 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $480,000 | TotalAmt |
| Management And General | $480,000 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $142,644 | TotalAmt |
| Management And General | $142,644 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,841 | TotalAmt |
| Management And General | $93,841 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,106,494 | TotalAmt |
| Program Services | $785,657 | ProgramServicesAmt |
| Management And General | $320,837 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $317,621 | TotalAmt |
| Program Services | $22,268 | ProgramServicesAmt |
| Management And General | $295,353 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $999,370 | TotalAmt |
| Program Services | $906,131 | ProgramServicesAmt |
| Management And General | $93,239 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,117 | TotalAmt |
| Program Services | $6,417 | ProgramServicesAmt |
| Management And General | $28,700 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,086,553 | TotalAmt |
| Program Services | $2,086,553 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,593 | TotalAmt |
| Program Services | $9,784 | ProgramServicesAmt |
| Management And General | $53,809 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,527 | TotalAmt |
| Program Services | $5,692 | ProgramServicesAmt |
| Management And General | $18,835 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,058,529 | TotalAmt |
| Program Services | $4,058,529 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,987,857 | TotalAmt |
| Program Services | $4,987,857 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,619 | TotalAmt |
| Program Services | $324,619 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MEDICAL SUPPLIES | $1,134,970 | $1,134,970 | |
| DIETARY EXPENSE | $1,043,535 | $1,043,535 | |
| MISCELLANEOUS | $87,573 | $46,429 | $41,144 |
| ROUTINE UNIT TURNOVER | $26,419 | $26,419 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,013,097 | TotalAmt |
| Program Services | $22,385,606 | ProgramServicesAmt |
| Management And General | $4,627,491 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,763,224 | BOYAmt |
| EOY | $3,568,529 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,972,566 | BOYAmt |
| EOY | $5,810,586 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $428,848 | BOYAmt |
| EOY | $456,827 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,983,863 | BOYAmt |
| EOY | $3,027,160 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,388 | BOYAmt |
| EOY | $67,492 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $388,245 | BOYAmt |
| EOY | $387,487 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $138,590,958 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,322,800 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,576,126 | BOYAmt |
| EOY | $111,268,158 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,433,655 | BOYAmt |
| EOY | $8,790,047 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,911,694 | BOYAmt |
| EOY | $12,091,319 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,513,609 | BOYAmt |
| EOY | $145,467,605 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,785,366 | BOYAmt |
| EOY | $3,005,558 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,548,459 | BOYAmt |
| EOY | $97,221,489 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,904,201 | BOYAmt |
| EOY | $74,793,758 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,105,997 | BOYAmt |
| EOY | $2,796,477 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,344,023 | BOYAmt |
| EOY | $177,817,282 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$22,368,999 | BOYAmt |
| EOY | -$32,979,794 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $538,585 | BOYAmt |
| EOY | $630,117 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$21,830,414 | BOYAmt |
| EOY | -$32,349,677 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,513,609 | BOYAmt |
| EOY | $145,467,605 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,297,898 | ReconcilationRevenueExpnssAmt |
| Prior Period Adjustments | -$6,221,365 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | 0 | FSAuditedInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $129,035 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $245,423 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $156,549 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $194,438 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $375,390 | CurrentTaxYearAmt |
| Total | $1,100,835 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $17,944,731 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,092,296 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,204,552 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,962,036 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,060,908 | CurrentTaxYearAmt |
| Total | $99,264,523 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $85,795 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $94,882 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $142,084 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $153,047 | CurrentTaxYearAmt |
| Total | $475,808 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,073,766 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,423,514 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,455,983 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,298,558 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,589,345 | CurrentTaxYearAmt |
| Total | $100,841,166 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $234,909 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $166,826 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,780 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $388,367 | CurrentTaxYearAmt |
| Total | $808,432 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $234,909 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $166,826 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,780 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $388,367 | CurrentTaxYearAmt |
| Total | $808,432 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $100,032,734 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $188,974 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $97,794 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $106,768 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $108,757 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $104,403 | CurrentTaxYearAmt |
| Total | $606,696 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $188,974 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $97,794 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $106,768 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $108,757 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $104,403 | CurrentTaxYearAmt |
| Total | $606,696 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,933 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,839 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,863 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,336 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $21,451 | CurrentTaxYearAmt |
| Total | $208,422 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,316,673 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,557,147 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $19,571,614 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,495,651 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,715,199 | CurrentTaxYearAmt |
| Total | $101,656,284 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98400 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98060 | PublicSupportPY509Pct |
| Investment Income CY | 0.00600 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00630 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,934,777 | OtherCostOrOtherBasisAmt |
| Book Value | $4,934,777 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $109,924,085 | OtherCostOrOtherBasisAmt |
| Depreciation | $21,718,195 | DepreciationAmt |
| Book Value | $88,205,890 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $772,386 | OtherCostOrOtherBasisAmt |
| Depreciation | $152,604 | DepreciationAmt |
| Book Value | $619,782 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,994,309 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,579,471 | DepreciationAmt |
| Book Value | $6,414,838 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $14,965,401 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,872,530 | DepreciationAmt |
| Book Value | $11,092,871 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $111,268,158 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RESERVE REQUIRED BY STATE STATUTE | $5,000,000 |
| DEFERRED FINANCING COSTS | $2,376,327 |
| DEFERRED MARKETING COSTS | $3,967,191 |
| SALES TAX RECEIVABLE | $117,685 |
| CHARITABLE FUND | $630,116 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $12,091,319 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE ENTRANCE FEES | $2,380,477 |
| REFUNDABLE PARKING DEPOSITS | $416,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,796,477 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,070,635 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $355,436 | OtherRevenueAmt |
| Revenue Not Reported | $355,436 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,715,199 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,715,199 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $27,368,533 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $355,436 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $355,436 | ExpensesNotReportedAmt |
| Expenses Subtotal | $27,013,097 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $27,013,097 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE COMPANY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFIT OR OBLIGATION AS OF DECEMBER 31, 2013. THE COMPANY BELIEVES IT'S NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2009. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | EXPENDITURES IN REVENUE 355,436. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENDITURES IN REVENUE 355,436. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CCCC FOUNDATION | |||||||
| 1105 KELLY DRIVE | SANFORD | NC | 27330 | 561644218 | 501(C)(3) | $5,000 | OPERATIONS |
| CHATHAM COUNTY SCHOOLS | |||||||
| PO BOX 128 | PITTSBORO | NC | 27312 | 566001006 | GOVT | $7,000 | OPERATIONS |
| CHATHAM OUTREACH ALLIANCE | |||||||
| PO BOX 1326 | PITTSBORO | NC | 27312 | 561668767 | 501(C)(3) | $5,000 | OPERATIONS |
| EL FUTURO | |||||||
| 136 E CHAPEL HILL STR | DURHAM | NC | 27701 | 800122334 | 501(C)(3) | $5,000 | OPERATIONS |
| FVRC | |||||||
| PO BOX 1105 | PITTSBORO | NC | 27312 | 561345420 | 501(C)(3) | $7,500 | OPERATIONS |
| HISPANIC LIASON | |||||||
| 105 E 2ND STREET | SILER CITY | NC | 27344 | 561974043 | 501(C)(3) | $5,000 | OPERATIONS |
| WEST CHATHAM FOOD PANTRY | |||||||
| 126 VILLAGE LAKE ROAD | SILER CITY | NC | 27344 | 510634273 | 501(C)(3) | $5,000 | OPERATIONS |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| A | 521309402 | 65820YJJ6 | 2010-10-21 | $75,989,731 | SEE PART VI | 0 | 0 | 0 |
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| B | 521309402 | 2010-10-21 | $19,930,000 | SEE PART VI | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | RetiredRetiredAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $76,022,811 | $8,230,688 | $2,396,890 | $1,454,692 | $1,157,571 | $26,423,121 | $38,755,000 | $559,359 | 2012 | 0 | 0 | 0 | Yes (1) | |
| B | $19,930,000 | $558,593 | $398,600 | $1,258,461 | $17,714,346 | 2012 | 0 | 0 | Yes (1) | Yes (1) | $19,930,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART I, LINE A, COLUMN F, DESCRIPTION OF PURPOSE: | THE PROCEEDS OF THE 2010A AND 2010B BONDS ARE BEING USED TO CONSTRUCT THE EXPANSION OF 67 INDEPENDENT LIVING UNITS (66 INDEPENDENT LIVING APARTMENTS AND 1 INDEPENDENT LIVING VILLA), 29 ASSISTED LIVING UNITS, OF WHICH 15 ARE DESIGNATED FOR DEMENTIA CARE, AND 24 SKILLED NURSING UNITS, AS WELL AS ADDITIONAL AND RENOVATED SUPPORTIVE COMMON AREAS OF THE PROJECT. ADDITIONALLY, PROCEEDS FROM THE 2010A AND 2010B BONDS WERE USED TO PAY A PORTION OF THE OUTSTANDING LOANS FROM THE BANK OF SCOTLAND AND TO FUND CERTAIN DEBT SERVICE RESERVES AND OTHER COSTS ASSOCIATED WITH ISSUANCE OF THE 2010A AND 2010B BONDS. THE SERIES 2010A BONDS WERE ISSUED AT A DISCOUNT OF $190,269. |
| SCHEDULE K, PART I, LINE B, COLUMN F, DESCRIPTION OF PURPOSE: | IN OCTOBER 2010, THE ORGANIZATION ISSUED $19,930,000 RETIREMENT FACILITIES FIRST MORTGAGE REVENUE BONDS (GALLOWAY RIDGE PROJECT) SERIES 2010C AS A BANK QUALIFIED LOAN THROUGH THE NORTH CAROLINA MEDICAL CARE COMMISSION. THIS LOAN IS DRAWN UPON AS NEEDED BY THE COMPANY. PROCEEDS WERE USED TO PAY A PORTION OF THE OUTSTANDING LOANS FROM THE BANK OF SCOTLAND, REIMBURSE THE COMPANY FOR COSTS INCURRED FOR PHASE II CONSTRUCTION AND PAY OTHER COSTS ASSOCIATED WITH ISSUANCE OF THE 2010C BONDS. |
| SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS: | THE AMOUNT OF TOTAL PROCEEDS PRESENTED ON LINE 3 FOR BOND [A] INCLUDES EARNINGS ON INVESTMENTS AS FOLLOWS: PROCEEDS FROM ISSUANCE (NET OF DISCOUNT): $ 75,989,731 INVESTMENT EARNINGS TO DATE: 32,254 TOTAL TO LINE 3: $ 76,021,985 |
| SCHEDULE K, PART II, LINE 11, OTHER SPENT PROCEEDS: | THE AMOUNT ON PART II, LINE 11 FOR BOND [A] REPRESENTS AMOUNTS USED TO CURRENTLY REFUND A CONSTRUCTION LOAN RELATED TO THE 2010 PROJECT THAT IS NOT CLASSIFIED AS A TAX-EXEMPT BOND ISSUE. |
| SCHEDULE K, PART II, LINE 12, OTHER UNSPENT PROCEEDS: | THE AMOUNT ON PART II, LINE 12 FOR BOND [B] REPRESENTS AMOUNTS NOT YET DRAWN DOWN FROM THE ORIGINAL AGREED ISSUANCE PRICE. THESE FUNDS ARE NOT HELD BY THE ORGANIZATION UNTIL SUCH TIME AS IT REQUISITIONS THEM FOR CONSTRUCTION REIMBURSEMENT. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE PRIMARY FUNCTION OF THE EXECUTIVE COMMITTEE WILL BE TO EXECUTE THE POLICIES PRESCRIBED BY THE BOARD AND CARRY OUT THE RESPONSIBILITIES ASSIGNED TO IT BY THE BOARD AND THESE BYLAWS, INCLUDING, WITHOUT LIMITATION, CONDUCTING STRATEGIC PLANNING FOR THE CORPORATION, ESTABLISHING CRITERIA TO EVALUATE THE EXECUTIVE DIRECTION AND OTHER OFFICERS AND EMPLOYEES OF THE CORPORATION, AND OVERSEEING RELATIONSHIPS WITH THE CORPORATION'S OUTSIDE SERVICE PROVIDERS. THE BOARD MANAGEMENT COMMITTEE WILL ALSO BE RESPONSIBLE FOR REVIEWING AND MAKING RECOMMENDATIONS REGARDING CONFLICTS OF INTEREST OF DIRECTORS, OFFICERS, EMPLOYEES AND INDEPENDENT CONTRACTORS AND THEIR EMPLOYEES ASSOCIATED WITH THE CORPORATION. DURING THE INTERVALS BETWEEN THE MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE WILL HAVE AND EXERCISE ALL OF THE POWERS OF THE BOARD THAT MAY BE LAWFULLY DELEGATED IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION. THE EXECUTIVE COMMITTEE WILL BE COMPRISED OF THE FOLLOWING: (1) SUCH OFFICERS OF THE CORPORATION AS MAY HOLD OFFICE FROM TIME TO TIME; (2) THE CHAIRPERSONS OF SUCH COMMITTEES OF THE CORPORATION AS MAY EXIST FROM TIME TO TIME; AND (3) SUCH OTHER DIRECTORS AS MAY BE NOMINATED BY THE PRESIDENT AND APPOINTED BY THE BOARD FROM TIME TO TIME. THE PRESIDENT OF THE CORPORATION WILL BE THE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. EACH MEMBER OF THE EXECUTIVE COMMITTEE WILL HOLD OFFICE FOR THE DURATION OF SUCH PERSON'S TERM IN AN OFFICE THAT QUALIFIES SUCH PERSON FOR MEMBERSHIP ON THE EXECUTIVE COMMITTEE. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION CONTRACTS ITS EXECUTIVE DIRECTOR FROM CRSA/LCS MANAGEMENT, LLC. UNDER THE TERMS OF A MANAGEMENT AGREEMENT, MANAGEMENT SERVICES ARE PROVIDED TO THE ORGANIZATION BY COOPERATIVE RETIREMENT SERVICES OF AMERICA (CRSA). THESE SERVICES INCLUDE THE SUPERVISION OF ALL ASPECTS OF NORMAL OPERATIONS INCLUDING BUDGETING, HIRING OF EMPLOYEES, BILLING, PAYROLL, ACCOUNTS PAYABLE, AND OTHER MANAGEMENT RESPONSIBILITIES. HEATHER RUSNAK FULLFILLS THE ROLL OF EXECUTIVE DIRECTOR UNDER THE TERMS OF THE AGREEMENT. HER COMPENSATION RECEIVED FROM CRSA FOR THESE SERVICES TO GALLOWAY RIDGE ARE: REPORTABLE COMPENSATION: $171,570 DEFERRED COMPENSATION & NONTAXABLE BENEFITS: $21,132 |
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION, THE RETURN WAS REVIEWED BY MANAGEMENT AND DISTRIBUTED ELECTRONICALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WERE GIVEN TIME TO REVIEW, DISCUSS, AND COMMENT PRIOR TO THE FORM BEING ELECTRONICALLY FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS REVIEWED BY ALL BOARD MEMBERS ANNUALLY. EACH BOARD MEMBER SIGNS A STATEMENT INDICATING THE UNDERSTANDING OF AND COMPLIANCE WITH THE POLICY. THE CONFLICT OF INTEREST POLICY IS BASED UPON THE IRS MODEL CONFLICT OF INTEREST POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF EXECUTIVE DIRECTOR IS REVIEWED BY THE MANAGEMENT COMPANY (CRSA) AND THE PRESIDENT (I.E. CHAIRPERSON OF THE BOARD) ANNUALLY USING INDUSTRY DATA FOR COMPARISON. OTHER KEY EMPLOYEES HAVE ANNUAL REVIEWS BY THE EXECUTIVE DIRECTOR AND COMPARABILITY DATA IS REVIEWED ON A REGULAR BASIS. |
| FORM 990, PART VI, SECTION C, LINE 18 | PHOTOCOPIES OF THE ORGANIZATION'S FORM 1023, FORM 990 AND FORM 990-T ARE AVAILABLE UPON REQUEST. RECENT FILINGS OF THE FORM 990 CAN BE ACCESSED THROUGH GUIDESTAR.ORG, A NON-PROFIT WEBSITE. |
| FORM 990, PART VI, SECTION C, LINE 19 | BYLAWS, WITH ANY CHANGES OR UPDATES, ARE MAINTAINED IN THE RESIDENT LIBRARY AND ARE ALSO AVAILABLE BY REQUEST. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ANNUAL DISCLOSURE STATEMENT. FINANCIAL STATEMENTS ARE PROVIDED MONTHLY TO THE PRIMARY CREDITOR, BOARD AUDIT & FINANCE COMMITTEE, AND THE RESIDENT FINANCE COMMITTEE AND PROVIDED QUARTERLY TO THE BOARD. THE ANNUAL AUDIT IS PROVIDED ANNUALLY IN THE DISCLOSURE STATEMENT. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |