COVENANT WOODS: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- COVENANT WOODS (EIN 54-0524902)
- Tax period
- 2012-04-01 to 2013-03-31
- Filed
- 2014-02-15
- IRS object ID
- 201440499349301159
- Schema version
- 2012v2.1
- 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
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-15T11:11:30-06:00 | Timestamp |
| Tax Period End Date | 2013-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560747981 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIXON HUGHES GOODMAN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 RIDGEFILD COURT | AddressLine1 |
| City | ASHEVILLE | City |
| State | NC | State |
| ZIP Code | 28806 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540524902 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVENANT WOODS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | COVE | NameControl |
| Phone | 8045698173 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7090 COVENANT WOODS DRIVE | AddressLine1 |
| City | MECHANICSVILLE | City |
| State | VA | State |
| ZIP Code | 23111 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ERIK MAURITSEN | Name |
| Title | CFO | Title |
| Phone | 8045698173 | Phone |
| Date Signed | 2014-02-18 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | AMY BIBBY | Name |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TIMOTHY JOHNSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7090 COVENANT WOODS DRIVE | AddressLine1 |
| City | MECHANICSVILLE | City |
| State | VA | State |
| ZIP Code | 23111 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 13572596 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.COVENANTWOODS.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1901 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 22 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 22 | NbrIndependentVotingMembers |
| Total Nbr Employees | 294 | TotalNbrEmployees |
| Total Nbr Volunteers | 180 | TotalNbrVolunteers |
| Total Gross UBI | 14353 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1921651 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 137740 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 11271673 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 11795387 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -226557 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1424187 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 260503 | OtherRevenuePriorYear |
| Other Revenue Current Year | 214551 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13227270 | TotalRevenuePriorYear |
| Total Revenue Current Year | 13571865 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 445875 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6708043 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 6934314 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 121377 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 6297279 | OtherExpensePriorYear |
| Other Expenses Current Year | 7119508 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 13005322 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14499697 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 221948 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -927832 | RevenuesLessExpensesCY |
| Total Assets BOY | 84521573 | TotalAssetsBOY |
| Total Assets EOY | 127638235 | TotalAssetsEOY |
| Total Liabilities BOY | 55478978 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 97341007 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 29042595 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 30297228 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | IT IS THE MISSION OF COVENANT WOODS, A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, TO PROVIDE OUR RESIDENTS WITH EXCEPTIONAL CARE, QUALITY OF LIFE, AND SECURITY AND COMFORT IN KEEPING WITH THE BENEVOLENT VISION OF OUR METHODIST AND PRESBYTERIAN FOUNDERS IN 1883. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 12485038 | Expense |
| Grants | 445875 | Grants |
| Revenue | 11795387 | Revenue |
| Description | COVENANT WOODS (CW), A VIRGINIA NONSTOCK CORPORATION FOUNDED IN OCTOBER 1883, IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY IN MECHANICSVILLE, VA. CW CONSISTS OF 133 INDEPENDENT LIVING UNITS, 43 ASSISTED LIVING UNITS, AND 39 LICENSED NURSING BEDS.THE COST TO OPERATE CW DURING FY2013 APPROXIMATES $14,378,320. CW OFFERS SERVICES FOR THEIR RESIDENTS COMPARABLE TO OTHER CCRC'S IN THE STATE. UTILITIES SUCH AS WATER, ELECTRICITY, HEATING AND COOLING, AND BASIC CABLE ARE PROVIDED. HOUSEKEEPING OF ALL COTTAGES, APARTMENTS, ROOMS, LOBBIES, CORRIDORS AND OTHER COMMON AREAS AND BASIC GROUNDS KEEPING CARE, INCLUDING LAWN SERVICE AND SNOW REMOVAL FROM WALKWAYS ARE PROVIDED BY CW. NECESSARY REPAIRS, MAINTENANCE AND REPLACEMENT OF PROPERTY OWNED BY CW ARE PERFORMED. INDIVIDUAL MAIL BOXES ARE PROVIDED IN A CENTRAL LOCATION FOR ALL RESIDENTS. PROGRAMS OF SOCIAL, RECREATIONAL, AND RELIGIOUS ACTIVITIES ARE PROVIDED FOR ALL RESIDENTS' SPIRITUAL, PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AS WELL AS FOR INTELLECTUAL APPOINTMENTS. A HEALTH CLINIC IS PROVIDED FOR RESIDENTS TO BE EXAMINED AND TREATED AS OUTPATIENTS. A PHYSICIAN IS AVAILABLE DURING SPECIFIED PERIODS OF THE WEEK.CW HAS A MISSION TO PROVIDE BENEVOLENT CARE TO THOSE RESIDENTS WHO NEED IT. THE CARE IS FUNDED THROUGH CW'S ENDOWMENT FUND THROUGH INVESTMENT EARNINGS OR THE SALE OF INVESTMENTS. THE AMOUNT OF BENEVOLENT CARE GIVEN IN FY2013 AMOUNTED TO APPROXIMATELY $443,833. | Description |
| Total Program Service Expense | 12485038 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 95 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 294 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 22 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 22 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIK MAURITSEN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8045698002 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7090 COVENANT WOODS DR | AddressLine1 |
| City | MECHANICSVILLE | City |
| State | VA | State |
| ZIP Code | 23111 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (24 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CARLENE BASS | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| O RANDOLPH ROLLINS | ||||||
| VICE CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| JIMMY MILLS | ||||||
| SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| PATRICK BRADY | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| SUSAN DRUMWRIGHT | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| EMILY ELMORE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| BRENDA COWLBECK | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| HELEN GATES | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| NATALIE KENT | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| ANNE DOWNING | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JOSEPH MARSHBURN | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| KATHY MILLER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| CHARLOTTE FORRESTER | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JIM ELLIOTT JR | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JACOB MAST | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| HAROLD ROHRS | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| GENA WALLACE | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| DON TINDALL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| MARGIE TURBYFILL | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| EDDIE STILES | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| THELMA WATSON | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| JAMES DARDEN JR MD | ||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | |
| TIMOTHY JOHNSON | ||||||
| CEO | 40.00 | X | 208146 | 0 | 19000 | |
| ERIK MAURITSEN | ||||||
| CFO | 40.00 | X | 112241 | 0 | 2540 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 320387 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 21540 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| WM JORDAN COMPANY | |||||
| 708 BAINBRIDGE ST | RICHMOND | VA | 23224 | CONSTRUCTION - PHASE III PROJECT | 1512743 |
| SB&A | |||||
| 207 W FRANKLIN ST | RICHMOND | VA | 23220 | MARKETING CONSULTANT | 762153 |
| ANTHEM HEALTHKEEPERS | |||||
| PO BOX 26623 | RICHMOND | VA | 232850031 | HEALTHCARE PROVIDER | 361415 |
| MORRISON MANAGEMENT SPECIALISTS | |||||
| PO BOX 102289 | ATLANTA | GA | 30368 | DINING SERVICES | 350947 |
| SFCS | |||||
| 305 S JEFFERSON ST | ROANOKE | VA | 24011 | ARCHITECTURAL/DESIGN | 290939 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 19 | NumberOfContractorsGT100K |
| All Other Contributions | 137740 | AllOtherContributions |
| Total Contributions | 137740 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | ExclusionExclusionAmount |
|---|---|---|---|---|
| RESIDENTIAL SERVICES | 623990 | 5855100 | 5855100 | |
| HEALTHCARE SERVICES | 624100 | 5826099 | 5826099 | |
| RESIDENT SERVICES | 812900 | 114188 | $114,188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 11795387 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1257378 | TotalRevenueColumn |
| Unrelated Business Revenue | 14353 | UnrelatedBusinessRevenue |
| Exclusion | $1,243,025 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21580 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 21580 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21580 | TotalRevenueColumn |
| Exclusion | $21,580 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 167540 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 731 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 167540 | Securities |
| Other | -731 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 166809 | TotalRevenueColumn |
| Exclusion | $166,809 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MEAL/FOOD REVENUE | 722210 | 119814 | $119,814 |
| DRUGS/MEDICAL SUPPLIES | 900099 | 41034 | $41,034 |
| MISCELLANEOUS INCOME | 900099 | 32123 | $32,123 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 192971 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13571865 | TotalRevenueColumn |
| Related Or Exempt Function Income | 11681199 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 14353 | UnrelatedBusinessRevenue |
| Exclusion | $1,738,573 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200 | Total |
| Program Services | 200 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 445675 | Total |
| Program Services | 445675 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 341927 | Total |
| Program Services | 102578 | ProgramServices |
| Management And General | 239349 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4987826 | Total |
| Program Services | 3877743 | ProgramServices |
| Management And General | 1041893 | ManagementAndGeneral |
| Fundraising | 68190 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 191153 | Total |
| Program Services | 133424 | ProgramServices |
| Management And General | 52488 | ManagementAndGeneral |
| Fundraising | 5241 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 967450 | Total |
| Program Services | 824570 | ProgramServices |
| Management And General | 131608 | ManagementAndGeneral |
| Fundraising | 11272 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 445958 | Total |
| Program Services | 324161 | ProgramServices |
| Management And General | 114744 | ManagementAndGeneral |
| Fundraising | 7053 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41381 | Total |
| Management And General | 41381 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 54867 | Total |
| Management And General | 54867 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78843 | Total |
| Management And General | 78843 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 559335 | Total |
| Program Services | 520139 | ProgramServices |
| Management And General | 39196 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 118262 | Total |
| Program Services | 118262 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1709063 | Total |
| Program Services | 1597000 | ProgramServices |
| Management And General | 82442 | ManagementAndGeneral |
| Fundraising | 29621 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66113 | Total |
| Program Services | 66113 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1103203 | Total |
| Program Services | 1103203 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19144 | Total |
| Program Services | 17130 | ProgramServices |
| Management And General | 2014 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 61292 | Total |
| Program Services | 57915 | ProgramServices |
| Management And General | 3377 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 695356 | Total |
| Program Services | 695356 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2025433 | Total |
| Program Services | 2025433 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 202007 | Total |
| Program Services | 202007 | ProgramServices |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| EARLY EXTINGUISHMENT OF | 362437 | 362437 | |
| MISCELLANEOUS | 22772 | 11692 | 11080 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14499697 | Total |
| Program Services | 12485038 | ProgramServices |
| Management And General | 1893282 | ManagementAndGeneral |
| Fundraising | 121377 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 165103 | BOY |
| EOY | 516 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 240760 | BOY |
| EOY | 458068 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1381224 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1620658 | BOY |
| EOY | 689470 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6463 | BOY |
| EOY | 7628 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4428074 | BOY |
| EOY | 7310032 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 72060070 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 18332611 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43700221 | BOY |
| EOY | 53727459 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24761353 | BOY |
| EOY | 53566324 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4115302 | BOY |
| EOY | 5192553 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4102415 | BOY |
| EOY | 6686185 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84521573 | BOY |
| EOY | 127638235 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1000725 | BOY |
| EOY | 4487507 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23782631 | BOY |
| EOY | 24757403 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28640000 | BOY |
| EOY | 64972388 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1962692 | BOY |
| EOY | 3044310 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92930 | BOY |
| EOY | 79399 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55478978 | BOY |
| EOY | 97341007 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25529217 | BOY |
| EOY | 26666024 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1833073 | BOY |
| EOY | 1925123 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1680305 | BOY |
| EOY | 1706081 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29042595 | BOY |
| EOY | 30297228 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 84521573 | BOY |
| EOY | 127638235 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -927832 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2144128 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 38337 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 123567 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 100520 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 91720 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1921651 | CurrentTaxYearMinus1Year |
| Current Tax Year | 137740 | CurrentTaxYear |
| Total | 2375198 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9391863 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 9945828 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10500712 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 11168887 | CurrentTaxYearMinus1Year |
| Current Tax Year | 11681199 | CurrentTaxYear |
| Total | 52688489 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 298569 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 217375 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 245214 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 340426 | CurrentTaxYearMinus1Year |
| Current Tax Year | 307159 | CurrentTaxYear |
| Total | 1408743 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9813999 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10263723 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10837646 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13430964 | CurrentTaxYearMinus1Year |
| Current Tax Year | 12126098 | CurrentTaxYear |
| Total | 56472430 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 1708445 | CurrentTaxYearMinus1Year |
| Total | 1708445 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 1708445 | CurrentTaxYearMinus1Year |
| Total | 1708445 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 54763985 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1358661 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1146980 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1288224 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 826287 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1278958 | CurrentTaxYear |
| Total | 5899110 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1358661 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1146980 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1288224 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 826287 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1278958 | CurrentTaxYear |
| Total | 5899110 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 11172660 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 11410703 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 12125870 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 14257251 | CurrentTaxYearMinus1Year |
| Current Tax Year | 13405056 | CurrentTaxYear |
| Total | 62371540 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.87800 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.88730 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.09460 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.08940 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $214 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 214 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | THE ORGANIZATION IS A MEMBER OF THE VIRGINIA ASSOCIATION OF NONPROFIT HOMES FOR THE AGING AND LEADING AGE. A SMALL PORTION OF THE DUES PAID TO THESE ORGANIZATIONS HAS BEEN ALLOCATED TO LOBBYING EXPENDITURES CONDUCTED BY THESE ORGANIZATIONS. | Explanation |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
| Explanation In Part XIII | X | ExplanationInPartXIII |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3904683 | OtherCostOrOtherBasis |
| Book Value | 3904683 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 45619436 | OtherCostOrOtherBasis |
| Depreciation | 15820288 | Depreciation |
| Book Value | 29799148 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3091430 | OtherCostOrOtherBasis |
| Depreciation | 1072072 | Depreciation |
| Book Value | 2019358 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4153113 | OtherCostOrOtherBasis |
| Depreciation | 1440251 | Depreciation |
| Book Value | 2712862 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15291408 | OtherCostOrOtherBasis |
| Book Value | 15291408 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 53727459 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| RESIDENT FUNDS | 7515 |
| BENEFICIAL INTERESTS IN TRUST FUNDS | 3626614 |
| ESCROW FUNDS | 3044310 |
| COMMUNITY SERVICE FUNDS | 7746 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6686185 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| RESIDENT FUNDS | $7,399 |
| ADVANCE FEE DEPOSITS | $72,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 79399 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 15310497 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2144128 | NetUnrealizedGainsInvestments |
| Other Revenues | 38337 | OtherRevenues |
| Revenue Not Rptd F990 | 2182465 | RevenueNotRptdF990 |
| Revenue Subtotal | 13128032 | RevenueSubtotal |
| Other Revenues Not Included | 443833 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 443833 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 13571865 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14055864 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14055864 | ExpensesSubtotal |
| Other Expenses Not Included | 443833 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 443833 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 14499697 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | FUNDS HELD BY ESCROW AGENT ARE ALL ADVANCED FEE DEPOSITS FROM POTENTIAL FUTURE RESIDENTS FOR PHASE III LIVING UNITS. THESE DEPOSITED FUNDS ARE KEPT AND MAINTAINED IN AN ACCOUNT SEPARATE FROM THE ORGANIZATION'S BUSINESS ACCOUNT AS REQUIRED BY LAW. | |
| PART X, LINE 2: | THE ORGANIZATION 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 ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF MARCH 31, 2013. THE ORGANIZATION BELIEVES THAT IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO MARCH 31, 2010. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| OTHER THAN TEMPORARY IMPAIREMENTS 12,561. CHANGE IN VALUE OF PERPETUAL TRUSTS 25,776. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| COVENANT PROGRAM / BENEVOLENT CARE 443,833. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| COVENANT PROGRAM BENEVOLENT CARE 443,833. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|
| CENTRAL AMERICA AND THE CARIBBEAN | INVESTMENTS | 447353 |
| EAST ASIA AND THE PACIFIC | INVESTMENTS | 4518 |
| EUROPE (INCLUDING ICELAND & GREENLAND) | INVESTMENTS | 128075 |
| SUB-SAHARAN AFRICA | INVESTMENTS | 286 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 580232 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 580232 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 0 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | COVENANT PROGRAM / BENEVOLENT CARE | TypeOfGrant |
| Number Of Recipients | 6 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 443833 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | RESIDENTIAL SERVICE AND NURSING CARE. | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: COVENANT WOODS PROVIDES BENEVOLENCE FUNDS UNDER THE COVENANT PROGRAM TO RESIDENTS WITHIN THE ORGANIZATION WHO CAN NO LONGER AFFORD TO PAY FOR THEIR CARE. THE PROGRAM IS DESIGNED TO PRESERVE THE DIGNITY OF THE PARTICIPANTS AND TO ENHANCE THEIR QUALITY OF LIFE IN KEEPING WITH THE MISSION OF COVENANT WOODS. THE IDENTITY OF PERSONS RECEIVING COVENANT PROGRAM ASSISTANCE IS STRICTLY CONFIDENTIAL. FROM THE INFORMATION PROVIDED BY THE APPLICANT, A DETERMINATION WILL BE MADE BY THE CFO AND CEO REGARDING WHETHER OR NOT THE RESIDENT QUALIFIES FOR FINANCIAL ASSISTANCE FROM THE COVENANT PROGRAM, AND IF SO, HOW MUCH. ASSISTANCE MAY BE PROVIDED IN TWO FORMS: ENTRANCE FEE ASSISTANCE AND MONTHLY FEE ASSISTANCE. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 1 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TIMOTHY JOHNSON | NamePerson |
| Title | CEO | Title |
| Base Compensation Filing Org | 191625 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 16521 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 15500 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 3500 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 227146 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 4B | THE ORGANIZATION CONTRIBUTED $10,000 TO A SECTION 457(F) PLAN FOR THE CEO. |
| PART I, LINE 6 | THE ORGANIZATION'S CEO AND CFO PARTICIPATE IN AN EXECUTIVE BONUS PLAN THAT CONSIDERS NEW STRATEGIC INITIATIVES, INCREASED DONATIONS, EMPLOYEE AND RESIDENT SATISFACTION SURVEY REULTS, AND IMPROVEMENT IN NET OPERATING MARGIN AS ONE OF THE FACTORS FOR THE BONUS. THE BONUS IS LIMITED TO 10% OF GROSS ANNUAL PAY. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ECONOMIC DEVELOPMENT AUTHORITY OF HANOVER COUNTY VA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 541228097 | IssuerEIN |
| CUSIP Number | 41077CAM7 | CUSIPNumber |
| Date Issued | 2012-12-20 | DateIssued |
| Issue Price | 101495000 | IssuePrice |
| Description Of Purpose | SEE PART VI | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | 101981701 | TotalProceeds |
| Amount In Reserve Fund | 3891382 | AmountInReserveFund |
| Refunding Escrow | 28035000 | RefundingEscrow |
| Issuance Costs From Proceeds | 1826631 | IssuanceCostsFromProceeds |
| Capital Expenditures | 16313390 | CapitalExpenditures |
| Amount Unspent | 51915298 | AmountUnspent |
| Year Of Subst Completion | 2014 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 0 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 0 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 1 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqs |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, LINE A, COLUMN F - DESCRIPTION OF PURPOSE: | Identifier |
| Explanation | THE SERIES 2012A AND 2012B BONDS WERE ISSUED TO: (1) REFUND THE OUSTANDING PRINCIPAL AMOUNT OF THE SERIES 2010 BONDS, (2) FINANCE THE ACQUISITION, CONSTRUCTION, AND EQUIPPING OF (A) A THREE STORY BUILDING CONTAINING 84 INDEPENDENT LIVING APARTMENTS AND UNDERGROUND PARKING, COMMUNITY LIVING SPACE, AND INDOOR/OUTDOOR DINING FACILITIES (B) 22 INDEPENDENT LIVING COTTAGES WITH GARAGES, (C) RENOVATIONS TO THE EXISTING FACILITIES, INCLUDING EXPANSION OF THE CURRENT DINING AND BISTRO AREA AND THE ADDITION OF A LIBRARY, EXCERCISE AREA AND SALON, AND (D) ROUTINE CAPITAL IMPROVEMENTS AND OTHER CAPITAL EXPENDITURES FOR THE EXISTING FACILITIES, (3) FUND A DEBT SERVICE RESERVE FUND FOR THE SERIES 2012A BONDS, AND (4) FINANCE FUNDED INTEREST, WORKING CAPITAL, AND ISSUANCE COSTS. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF ALL OFFICERS OF THE CORPORATION WHO ARE DIRECTORS AND THE CHAIRMEN OF FINANCE, DEVELOPMENT, BUILDING/GROUNDS, NOMINATIONS/RESOURCES, ADMISSIONS AND COMMUNITY INVOLVEMENT COMMITTEES, IF SUCH COMMITTEE(S) THEN EXISTS, TO PROVIDE THE EXECUTIVE COMMITTEE WITH AT LEAST 9 MEMBERS. IF AT ANY TIME THE EXECUTIVE COMMITTEE HAS FEWER THAN 9 MEMBERS, THE EXECUTIVE COMMITTEE SHALL MAKE SUCH RECOMMENDATION TO THE BOARD OF DIRECTORS AS TO ADDITIONAL MEMBERS AS IT SHALL DETERMINE, AND THE BOARD OF DIRECTORS SHALL BY A RESOLUTION APPOINT SUCH ADDITIONAL MEMBERS AS IT MAY DETERMINE FOR A TERM OF NO MORE THAN TWO YEARS. THE CHAIRMAN OF THE CORPORATION SHALL BE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY MEET AND MAKE RECOMMENDATIONS AS IT SHALL DEEM ADVISABLE TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL BE VESTED WITH FULL AND COMPLETE AUTHORITY WITH RESPECT TO THE BUSINESS AND AFFAIRS OF THE CORPORATION EXCEPT THAT IT SHALL NOT WITHOUT THE APPROVAL OF THE BOARD OF DIRECTORS: (1) FILL VACANCIES ON THE BOARD OR ON ANY OF ITS COMMITTEES; (2) AMEND THE ARTICLES OF INCORPORATION PURSUANT TO VIRGINIA CODE SECTION 13.1-885 (ALLOWING AMENDMENT OF THE ARTICLES OF INCORPORATION BY THE BOARD OF DIRECTORS); (3) ADOPT, AMEND, OR APPEAL THE BYLAWS; (4) APPROVE A PLAN OF MERGER; (5) SELL THE ASSETS OF THE CORPORATION OTHER THAN IN THE REGULAR COURSE OF BUSINESS; (6) DISSOLVE THE CORPORATION; OR ANY OTHER ACTIONS SPECIFIED IN VIRGINIA CODE SECTIONS 13.1-869, 13.1-885, 13.1-895, 13.1-900, 13.1-903 (OR THE EQUIVALENT SECTION OF ANY CODE OF LAW SUBSEQUENTLY ENACTED BY THE COMMONWEALTH OF VIRGINIA) OR ANY ACTION OTHERWISE PROHIBITED BY LAW. | |
| FORM 990, PART VI, SECTION B, LINE 11 | A COPY WAS SENT TO EACH BOARD MEMBER, WHICH INCLUDES FINANCE COMMITTEE MEMBERS, REQUESTING COMMENTS OR QUESTIONS TO BE DIRECTED TO THE CFO WITHIN 10 DAYS. THE 990 WAS FILED WITH THE IRS AFTER SUCH TIME. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD IS POLLED ANNUALLY AND SURVEYS ARE COLLECTED BY THE EXECUTIVE SECRETARY AND CHECKED FOR COMPLIANCE WITH THE POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO IS EVALUATED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD. EACH COMMITTEE MEMBER DOES AN INDEPENDENT EVALUATION, AND THE COMMITTEE CHAIRMAN COMPILES THE SCORE. THE CEO EVALUATES THE CFO WITH FEEDBACK FROM THE BOARD. THE BOARD CHAIR REQUESTS COMPARATIVE SALARY DATA THAT THE HR DIRECTOR ACQUIRES FROM VARIOUS LONG-TERM CARE GROUPS, WHICH IS USED TO DETERMINE BASE WAGE INCREASES. BONUS AMOUNTS ARE DETERMINED BASED ON HOW WELL THE CEO AND CFO EXECUTE THE STRATEGIC PLAN FOR THE YEAR - MEETING BUDGET, SATISFACTION, DEVELOPMENT, ETC. BONUS AMOUNTS ARE CAPPED AT 10% OF BASE SALARY. | |
| FORM 990, PART VI, SECTION C, LINE 18 | THE ORGANIZATION'S RECENT FORMS 990 ARE AVAILABLE AT WWW.GUIDESTAR.ORG AND UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE FOR PUBLIC INSPECTION AT THIS TIME. FINANCIAL STATEMENTS ARE PROVIDED TO WWW.EMMA.ORG. | |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF PERPETUAL TRUSTS 25,776. OTHER THAN TEMPORARY INVESTMENTS 12,561. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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