RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- RETIREMENT COMMUNITY OF FAIRBANKS (EIN 20-1253962)
- Tax period
- 2013-04-01 to 2014-03-31
- Filed
- 2014-08-26
- IRS object ID
- 201402389349300340
- Schema version
- 2013v3.1
- 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 | 2014-08-26T18:46:00-05:00 | ReturnTs |
| Tax Period End | 2014-03-31 | 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 | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 70607 | AddressLine1 |
| City | FAIRBANKS | City |
| State | AK | State |
| ZIP Code | 997070607 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-04-01 | 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 | BusinessNameLine1 |
| Business Name Line2 | OF FAIRBANKS | BusinessNameLine2 |
| 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 | PO BOX 73006 | AddressLine1 |
| City | FAIRBANKS | City |
| State | AK | State |
| ZIP Code | 997073006 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KAREN PARR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9073745016 | PhoneNum |
| Signature | 2014-08-26 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ELAINE WILLIAMSON | PreparerPersonNm |
| PTIN | P00295408 | PTIN |
| Phone | 9074566676 | PhoneNum |
| Preparation | 2014-08-26 | PreparationDt |
| 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 | KAREN PARR PRESIDENT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 73006 | AddressLine1 |
| City | FAIRBANKS | City |
| State | AK | State |
| ZIP Code | 99707 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,503,830 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.RCOFF.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 TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 30 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $6,263,934 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,872,311 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,018,022 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,626,606 | CYProgramServiceRevenueAmt |
| PY Investment Income | $706 | PYInvestmentIncomeAmt |
| CY Investment Income | $871 | CYInvestmentIncomeAmt |
| PY Other Revenue | $28,761 | PYOtherRevenueAmt |
| CY Other Revenue | $4,042 | CYOtherRevenueAmt |
| PY Total Revenue | $7,311,423 | PYTotalRevenueAmt |
| CY Total Revenue | $3,503,830 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $164,694 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $527,484 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $5,239 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,129,815 | PYOtherExpensesAmt |
| CY Other Expenses | $1,595,277 | CYOtherExpensesAmt |
| PY Total Expenses | $1,299,748 | PYTotalExpensesAmt |
| CY Total Expenses | $2,122,761 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,011,675 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,381,069 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $20,989,083 | TotalAssetsBOYAmt |
| Total Assets EOY | $22,501,928 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,144,463 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $8,276,239 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,844,620 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $14,225,689 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,491,361 | ExpenseAmt |
| Revenue | $1,326,560 | RevenueAmt |
| Desc | RETIREMENT COMMUNITY OF FAIRBANKS PROVIDES MARKET-RATE RENTAL HOUSING TO SENIORS. DURING 2014, THREE FACILITIES (20 UNITS EACH) WERE RENTED FOR THE FULL YEAR. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $488,445 | ExpenseAmt |
| Revenue | $300,046 | 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 | $1,979,806 | 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 | false | 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 | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | 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 | 8 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 30 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| 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 |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | 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 | AddressLine1 |
| City | FAIRBANKS | City |
| State | AK | State |
| ZIP Code | 99707 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (11 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| KAREN PARR | ||||||
| PRESIDENT | 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 | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MIKE COOK | ||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JO HECKMAN | ||||||
| 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 | |
| SUSAN MOTTER | ||||||
| GENERAL MANA | 40.00 | Yes (X) | $65,000 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $65,000 | TotalReportableCompFromOrgAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | Address Line2ContractorAddress/USAddress/AddressLine2 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| G-2 CONSTRUCTION | ||||||
| PO BOX 10690 | PO BOX 10690 | FAIRBANKS | AK | 99710 | CONSTRUCTION | $2,404,667 |
| WEEKS FIELD DEVELOPMENT GROUP | ||||||
| 212 FRONT STREET | 212 FRONT STREET | FAIRBANKS | AK | 99701 | DEVELOPER | $231,099 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,600,431 | GovernmentGrantsAmt |
| All Other Contributions | $271,880 | AllOtherContributionsAmt |
| Noncash Contributions | $150,500 | NoncashContributionsAmt |
| Total Contributions | $1,872,311 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RAVEN LANDING II | 531110 | $466,146 | $466,146 |
| RAVEN LANDING III | 531110 | $432,971 | $432,971 |
| RAVEN LANDING I | 531110 | $427,443 | $427,443 |
| COMMUNITY CENTER | 900099 | $300,046 | $300,046 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,626,606 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $871 | TotalRevenueColumnAmt |
| Exclusion | $871 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| APPLICATION FEES | 531110 | $2,075 | $2,075 |
| OTHER | 531110 | $1,967 | $1,967 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $4,042 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,503,830 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,630,648 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $871 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,500 | TotalAmt |
| Management And General | $67,500 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $369,803 | TotalAmt |
| Program Services | $369,803 | ProgramServicesAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,720 | TotalAmt |
| Program Services | $51,991 | ProgramServicesAmt |
| Management And General | $729 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,461 | TotalAmt |
| Program Services | $33,927 | ProgramServicesAmt |
| Management And General | $3,534 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $926 | TotalAmt |
| Program Services | $422 | ProgramServicesAmt |
| Management And General | $504 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,932 | TotalAmt |
| Management And General | $27,932 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,066 | TotalAmt |
| Management And General | $12,066 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,571 | TotalAmt |
| Program Services | $7,999 | ProgramServicesAmt |
| Management And General | $7,572 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $403,298 | TotalAmt |
| Program Services | $403,298 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,440 | TotalAmt |
| Management And General | $8,440 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $379,587 | TotalAmt |
| Program Services | $379,587 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,705 | TotalAmt |
| Program Services | $470,273 | ProgramServicesAmt |
| Management And General | $1,432 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,622 | TotalAmt |
| Program Services | $62,375 | ProgramServicesAmt |
| Management And General | $1,247 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| TENANT SERVICES | $198,854 | $198,854 | |
| BED DEBT EXPENSE | $8,467 | $8,467 | |
| DUES | $2,865 | $300 | $2,565 |
| CREDIT CARD CHARGES | $1,944 | $977 | $967 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,122,761 | TotalAmt |
| Program Services | $1,979,806 | ProgramServicesAmt |
| Management And General | $142,955 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,862 | BOYAmt |
| EOY | $192,688 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $572,604 | BOYAmt |
| EOY | $420,005 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $172,350 | BOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,379 | BOYAmt |
| EOY | $11,280 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,462 | BOYAmt |
| EOY | $114,215 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $22,717,867 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $961,660 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,994,426 | BOYAmt |
| EOY | $21,756,207 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,533 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,989,083 | BOYAmt |
| EOY | $22,501,928 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $324,414 | BOYAmt |
| EOY | $114,768 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,076,748 | BOYAmt |
| EOY | $7,861,131 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,464,111 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $279,190 | BOYAmt |
| EOY | $300,340 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,144,463 | BOYAmt |
| EOY | $8,276,239 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,235,333 | BOYAmt |
| EOY | $4,574,548 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,609,287 | BOYAmt |
| EOY | $9,651,141 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,844,620 | BOYAmt |
| EOY | $14,225,689 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,989,083 | BOYAmt |
| EOY | $22,501,928 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,381,069 | 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 | $109,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,862,188 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,010,887 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,263,934 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,872,311 | CurrentTaxYearAmt |
| Total | $15,118,883 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $109,563 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,862,188 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,010,887 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,263,934 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,872,311 | CurrentTaxYearAmt |
| Total | $15,118,883 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $15,118,883 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $716 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $247 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $803 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $706 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $871 | CurrentTaxYearAmt |
| Total | $3,343 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $15,122,226 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,366,249 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99980 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99950 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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 | $2,574,725 | OtherCostOrOtherBasisAmt |
| Book Value | $2,574,725 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $19,566,083 | OtherCostOrOtherBasisAmt |
| Depreciation | $873,608 | DepreciationAmt |
| Book Value | $18,692,475 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $427,059 | OtherCostOrOtherBasisAmt |
| Depreciation | $83,344 | DepreciationAmt |
| Book Value | $343,715 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $150,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,708 | DepreciationAmt |
| Book Value | $145,292 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $21,756,207 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PREPAID DEPOSITS | $165,100 |
| PREPAID RENT | $135,240 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $300,340 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,572,359 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $68,529 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $68,529 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,503,830 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $3,503,830 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $2,191,290 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $68,529 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $68,529 | ExpensesNotReportedAmt |
| Expenses Subtotal | $2,122,761 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $2,122,761 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 3, PART X | FormAndLineReferenceDesc |
| Explanation | RETIREMENT COMMUNITY 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 THERE ARE NO LIABILITIES REQUIRED TO BE RECOGNIZED. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL OR STATE GOVERNMENT FOR TAX YEARS PRIOR TO 2011. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KAREN PARR | |||
| PRESIDENT | $35,256 | DONATION/RENT | false |
| ARLAYNE KNOX | |||
| DIRECTOR | $30,527 | DONATION/RENT | false |
| PERRI CARLSON | |||
| DAUGH OF PRESID | $24,098 | RENT | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $2,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | BUILDING DOORS | 1 | $70,000 | FAIR MARKET VALUE |
| Yes (X) | REMOVAL OF DIRT | 1 | $55,000 | FAIR MARKET VALUA |
| Yes (X) | FURNITURE | 1 | $15,500 | FAIR MARKET VALUE |
| Yes (X) | FEES | 1 | $8,000 | FAIR MARKET VALUE |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY. |
| FORM 990, PAGE 2, PART III, LINE 2 | IN 2014 THE COMMUNITY CENTER WAS CONSTRUCTED AND PLACED IN SERVICE. |
| 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. |
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