LASELL VILLAGE INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LASELL VILLAGE INC (EIN 22-3042122)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-02
- IRS object ID
- 201311229349300411
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-05-02T08:06:20-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263753134 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CBIZ TOFIAS | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 BOYLSTON STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02116 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223042122 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LASELL VILLAGE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LASE | NameControl |
| Phone | 6176637000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 SEMINARY AVE | AddressLine1 |
| City | AUBURNDALE | City |
| State | MA | State |
| ZIP Code | 02466 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL J HOYLE PH D | Name |
| Title | VP FOR BUSINESS & FINANCE | Title |
| Phone | 6176637000 | Phone |
| Date Signed | 2013-04-22 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH M GISO | Name |
| PTIN | P00030126 | PTIN |
| Phone | 6177610600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MICHAEL B ALEXANDER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 SEMINARY AVE | AddressLine1 |
| City | AUBURNDALE | City |
| State | MA | State |
| ZIP Code | 02466 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22330174 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LASELLVILLAGE.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1990 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | LASELL VILLAGE, SPONSORED BY LASELL COLLEGE, IS HOME TO SOME 191 RESIDENTS IN ITS INDEPENDENT LIVING APARTMENTS, SUPPORTED LIVING STUDIOS AND INCLUDES A 38 BED SKILLED NURSING FACILITY. OPEN SINCE MAY 2000, THE VILLAGE COMBINES THE ELEMENTS OF LIFELONG LEARNING, RETIREMENT LIVING, SUPPORT SERVICES, SHORT-TERM REHABILITATION AND LONG-TERM CARE. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 10 | NbrIndependentVotingMembers |
| Total Nbr Employees | 234 | TotalNbrEmployees |
| Total Nbr Volunteers | 14 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 16231483 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 15737676 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 615039 | InvestmentIncomePriorYear |
| Investment Income Current Year | 663869 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 202191 | OtherRevenuePriorYear |
| Other Revenue Current Year | 167809 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17048713 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16569354 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5360076 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5575886 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10956394 | OtherExpensePriorYear |
| Other Expenses Current Year | 11059725 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16316470 | TotalExpensesPriorYear |
| Total Expenses Current Year | 16635611 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 732243 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -66257 | RevenuesLessExpensesCY |
| Total Assets BOY | 71652948 | TotalAssetsBOY |
| Total Assets EOY | 69896299 | TotalAssetsEOY |
| Total Liabilities BOY | 91295862 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 91728729 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -19642914 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -21832430 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | LASELL VILLAGE, SPONSORED BY LASELL COLLEGE, IS HOME TO SOME 191 RESIDENTS IN ITS INDEPENDENT LIVING APARTMENTS, SUPPORTED LIVING STUDIOS AND INCLUDES A 38 BED SKILLED NURSING FACILITY. OPEN SINCE MAY 2000, THE VILLAGE COMBINES THE ELEMENTS OF LIFELONG LEARNING, RETIREMENT LIVING, SUPPORT SERVICES, SHORT-TERM REHABILITATION AND LONG-TERM CARE. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 14625596 | Expense |
| Revenue | 15737676 | Revenue |
| Description | LASELL VILLAGE OPERATES A CONTINUING CARE RETIREMENT COMMUNITY AND PROVIDES, IN COOPERATION WITH LASELL COLLEGE, RESIDENTIAL AND NON-RESIDENTIAL EDUCATION PROGRAMS FOR ELDERLY PERSONS. THROUGH INTERGENERATIONAL LEARNING ACTIVITIES WITH THE FACULTY AND STUDENTS OF LASELL COLLEGE AND PROGRAMS SPONSORED BY THE ON-SITE ROSEMARY B. FUSS CENTER FOR RESEARCH ON AGING AND INTERGENERATIONAL STUDIES, LASELL VILLAGE DISSEMINATES CURRENT AND BROAD-BASED INFORMATION ABOUT AGING AND FACTORS THAT CONTRIBUTE TO WELL-BEING IN LATER LIFE. LASELL VILLAGE SPONSORS AND PARTNERS IN RESEARCH WITH OTHER EDUCATIONAL AND RESEARCH INSTITUTIONS REGARDING THE COGNITIVE, EMOTIONAL, PHYSICAL NEEDS AND CAPABILITIES OF THE ELDERLY AND THE VALUE OF CONTINUED LEARNING IN LATER LIFE. NUMBER OF RESIDENTS ENROLLED PER SEMESTER AND THE NUMBER OF COURSES OFFERED:FALL 2011: 180 RESIDENTS ENROLLED IN 19 COURSESSPRING 2012: 167 RESIDENTS ENROLLED IN 20 COURSESSUMMER 2012: 163 RESIDENTS ENROLLED IN 21 COURSES | Description |
| Total Program Service Expense | 14625596 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 1 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | 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 | 0 | 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 | 0 | 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 | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 29 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 234 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| 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 | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 10 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SHARI MEGA DIR OF BUS FINANCE | NamePerson |
| Telephone Number | 6176637000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | LASELL VILLAGE 120 SEMINARY AVE | AddressLine1 |
| City | AUBURNDALE | City |
| State | MA | State |
| ZIP Code | 02466 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| ELLEN OFFNER | |||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| JACK LEONARD | |||||||
| PRESIDENT & TREASURER | 2.00 | X | X | 0 | 0 | 0 | |
| SALLY ANDREWS | |||||||
| CLERK | 1.00 | X | X | 0 | 0 | 0 | |
| ADELE FLEET BACOW | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| FREDDY FRANKEL | |||||||
| RESIDENT TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| CLAIRE MCGUIRE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| HELENA HARTNETT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RUTH NEMZOFF | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GERALD POLCARI | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARGERY SILVER | |||||||
| RESIDENT TRUSTEE | 1.00 | X | 0 | 0 | 0 | ||
| PAMELA FARIA | |||||||
| ASSISTANT CLERK | 1.00 | X | X | 0 | 101598 | 17349 | |
| MICHAEL ALEXANDER | |||||||
| PRES.-LASELL COLLEGE/CEO-LASELL VILLAGE | 5.00 | X | 0 | 321021 | 37937 | ||
| DR MICHAEL J HOYLE | |||||||
| VP BUSINESS & FINANCE LASELL COLLEGE | 5.00 | X | 0 | 193395 | 23014 | ||
| DR PAULA PANCHUCK | |||||||
| VP LASELL VILLAGE AT LASELL COLLEGE | 40.00 | X | 0 | 185184 | 25548 | ||
| ELIZABETH IHENACHO | |||||||
| NURSING SUPERVISOR | 40.00 | 118461 | 0 | 0 | X | ||
| EDITH EBOZUE | |||||||
| RN | 40.00 | 109776 | 0 | 6234 | X | ||
| SHARI MEGA | |||||||
| DIRECTOR OF BUS. & FIN. | 40.00 | 104269 | 0 | 14755 | X | ||
| JANIS GALLAGHER | |||||||
| DIRECTOR OF NURSING | 40.00 | 100510 | 0 | 13950 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 433016 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 801198 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 138787 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LASELL COLLEGE | |||||
| 1844 COMMONWEALTH AVE | NEWTON | MA | 02466 | MANAGEMENT CONTRACT | 1774496 |
| GENESIS REHABILITATION SERVICES | |||||
| PO BOX 7247-6524 | PHILADELPHIA | PA | 19170 | REHAB FOR SKILLED NURSING UNIT | 821684 |
| GENESIS EDLERCARE | |||||
| 101 EAST STATE ST 3RD FLOOR | KENNETT SQUARE | PA | 19348 | SKILLED NURSING MGMT. CONTRACT | 443930 |
| PERKINS EASTMAN ARCHITECTS PC | |||||
| 115 FIFTH AVE | NEW YORK | NY | 10003 | DESIGN FOR SUPPORTED LIVING UNIT | 128658 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RESIDENTIAL FEES | 623000 | 8696013 | 8696013 |
| SKILLED NURSING | 623000 | 4136946 | 4136946 |
| EARNED ENTRANCE FEE | 623000 | 2310438 | 2310438 |
| RESIDENTIAL FEES OTHER | 623990 | 594279 | 594279 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 15737676 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 554511 | TotalRevenueColumn |
| Exclusion | $554,511 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5870178 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5760820 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 109358 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 109358 | TotalRevenueColumn |
| Exclusion | $109,358 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 167809 | TotalRevenueColumn |
| Exclusion | $167,809 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 167809 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16569354 | TotalRevenueColumn |
| Related Or Exempt Function Income | 15737676 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $831,678 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218464 | Total |
| Management And General | 218464 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4489631 | Total |
| Program Services | 4093146 | ProgramServices |
| Management And General | 396485 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 153254 | Total |
| Program Services | 124402 | ProgramServices |
| Management And General | 28852 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 386406 | Total |
| Program Services | 344192 | ProgramServices |
| Management And General | 42214 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 328131 | Total |
| Program Services | 297800 | ProgramServices |
| Management And General | 30331 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 651684 | Total |
| Program Services | 146856 | ProgramServices |
| Management And General | 504828 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18663 | Total |
| Management And General | 18663 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 107564 | Total |
| Management And General | 107564 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29220 | Total |
| Management And General | 29220 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1540617 | Total |
| Program Services | 1384772 | ProgramServices |
| Management And General | 155845 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 50354 | Total |
| Management And General | 50354 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26574 | Total |
| Program Services | 11412 | ProgramServices |
| Management And General | 15162 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93792 | Total |
| Program Services | 86124 | ProgramServices |
| Management And General | 7668 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3352865 | Total |
| Program Services | 3235083 | ProgramServices |
| Management And General | 117782 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 396 | Total |
| Management And General | 396 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2540 | Total |
| Program Services | 694 | ProgramServices |
| Management And General | 1846 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 802634 | Total |
| Program Services | 747547 | ProgramServices |
| Management And General | 55087 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2735789 | Total |
| Program Services | 2548024 | ProgramServices |
| Management And General | 187765 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 195820 | Total |
| Program Services | 182380 | ProgramServices |
| Management And General | 13440 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| REAL ESTATE TAXES | 612721 | 612721 |
| FACILITIES MAINT. CONT. | 498991 | 498991 |
| LAND LEASE | 205840 | 205840 |
| RESIDENT ACTIVITIES | 69204 | 69204 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64457 | Total |
| Program Services | 36408 | ProgramServices |
| Management And General | 28049 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16635611 | Total |
| Program Services | 14625596 | ProgramServices |
| Management And General | 2010015 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3002127 | BOY |
| EOY | 1980998 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1879635 | BOY |
| EOY | 1795437 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2089684 | BOY |
| EOY | 1940609 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 279300 | BOY |
| EOY | 405900 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1540491 | BOY |
| EOY | 1549798 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 66809004 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 26156897 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40603510 | BOY |
| EOY | 40652107 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10756976 | BOY |
| EOY | 10497472 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10764947 | BOY |
| EOY | 10483540 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 736278 | BOY |
| EOY | 590438 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71652948 | BOY |
| EOY | 69896299 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1222190 | BOY |
| EOY | 1663648 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 861383 | BOY |
| EOY | 843080 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18990000 | BOY |
| EOY | 18580000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 70222289 | BOY |
| EOY | 70642001 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 91295862 | BOY |
| EOY | 91728729 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -19642914 | BOY |
| EOY | -21832430 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -19642914 | BOY |
| EOY | -21832430 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 71652948 | BOY |
| EOY | 69896299 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -66257 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2123259 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14720833 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15271552 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15882862 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16231483 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15737676 | CurrentTaxYear |
| Total | 77844406 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14720833 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15271552 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15882862 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 16231483 | CurrentTaxYearMinus1Year |
| Current Tax Year | 15737676 | CurrentTaxYear |
| Total | 77844406 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 190186 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 240716 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 253104 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 269224 | CurrentTaxYearMinus1Year |
| Current Tax Year | 358446 | CurrentTaxYear |
| Total | 1311676 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 190186 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 240716 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 253104 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 269224 | CurrentTaxYearMinus1Year |
| Current Tax Year | 358446 | CurrentTaxYear |
| Total | 1311676 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 76532730 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 884711 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 463823 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 382676 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 605564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 554511 | CurrentTaxYear |
| Total | 2891285 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 884711 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 463823 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 382676 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 605564 | CurrentTaxYearMinus1Year |
| Current Tax Year | 554511 | CurrentTaxYear |
| Total | 2891285 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 124064 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 167478 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 193416 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 202191 | CurrentTaxYearMinus1Year |
| Current Tax Year | 167809 | CurrentTaxYear |
| Total | 854958 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15729608 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15902853 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 16458954 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17039238 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16459996 | CurrentTaxYear |
| Total | 81590649 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.93800 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.93520 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03540 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.04030 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Protection Of Natural Habitat | X | ProtectionOfNaturalHabitat |
| Total Number Of Easements | 1 | TotalNumberOfEasements |
| Total Acreage | 2.20 | TotalAcreage |
| Nmbr Hist Struct Easements | 0 | NmbrHistStructEasements |
| Nmbr Hist Struct Easements After | 0 | NmbrHistStructEasementsAfter |
| Nmbr Easements Modified | 0 | NmbrEasementsModified |
| Nmbr States In Which Easements Held | 1 | NmbrStatesInWhichEasementsHeld |
| Written Policy Monitoring | 1 | WrittenPolicyMonitoring |
| Staff Hours Spent On Enforcement | 0.00 | StaffHoursSpentOnEnforcement |
| Expenses Incurred For Enforcement | 10000 | ExpensesIncurredForEnforcement |
| Sect170h Requirements Satisfied | 1 | Sect170hRequirementsSatisfied |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 62164157 | OtherCostOrOtherBasis |
| Depreciation | 23057419 | Depreciation |
| Book Value | 39106738 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4534115 | OtherCostOrOtherBasis |
| Depreciation | 3099478 | Depreciation |
| Book Value | 1434637 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 110732 | OtherCostOrOtherBasis |
| Book Value | 110732 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 40652107 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| CORPORATE BONDS | 8848573 | F |
| PREFERRED STOCK | 1318676 | F |
| GOVERNMENT OBLIGATIONS | 316291 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 10483540 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (5 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE DEPOSITS & INTEREST | $84,000 |
| DUE TO AFFILIATE | $32,559 |
| NONREFUNDABLE ENTRANCE FEES | $4,737,217 |
| REFUNDABLE ENTRANCE FEES | $61,011,332 |
| FAIR VALUE OF INTEREST SWAP | $4,776,893 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 70642001 | TotalOfAmounts |
| Total Revenue | 16569354 | TotalRevenue |
| Total Expenses | 16635611 | TotalExpenses |
| Excess Or Deficit For Year | -66257 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -288975 | NetUnrealizedGLOnInvestments |
| Other | -$1,834,284 | OtherAmount |
| Total Adjustments | -2123259 | TotalAdjustments |
| Excess Or Deficit Per FS | -2189516 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 14446095 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -288975 | NetUnrealizedGainsInvestments |
| Other Revenues | -1834284 | OtherRevenues |
| Revenue Not Rptd F990 | -2123259 | RevenueNotRptdF990 |
| Revenue Subtotal | 16569354 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16569354 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 16635611 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 16635611 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 16635611 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF EASEMENTS ENFORCEMENT POLICIES: | PART II, LINE 5: | MEMBERS OF THE CITY'S CONSERVATION COMMITTEE VISIT THE LOCATION TO ENSURE THAT WE ARE IN COMPLIANCE. |
| DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: | PART II, LINE 9: | THE EXPENSE FOR THE CONSERVATION EASEMENT IS INCLUDED IN OUR LANDSCAPING EXPENSES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | THE VILLAGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE VILLAGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE VILLAGE HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE VILLAGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE VILLAGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN FAIR VALUE OF INTERST RATE SWAP -1,834,284. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -1,834,284. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | 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 | 0 | 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 (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL ALEXANDER | |||||||||||||
| 0 | 296229 | 0 | 15000 | 0 | 9792 | 0 | 18375 | 0 | 19562 | 0 | 358958 | 0 | 0 |
| DR MICHAEL J HOYLE | |||||||||||||
| 0 | 173215 | 0 | 20000 | 0 | 180 | 0 | 13250 | 0 | 9764 | 0 | 216409 | 0 | 0 |
| DR PAULA PANCHUCK | |||||||||||||
| 0 | 159392 | 0 | 25000 | 0 | 792 | 0 | 12488 | 0 | 13060 | 0 | 210732 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 1A | ReturnReference |
| Explanation | LASELL COLLEGE PROVIDED NON-TAXABLE HOUSING TO THE ASSISTANT CLERK/EXECUTIVE ASSISTANT TO THE PRESIDENT AS PART OF HER COMPENSATION. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 043431814 | IssuerEIN |
| CUSIP Number | 57583RMT9 | CUSIPNumber |
| Date Issued | 2007-06-14 | DateIssued |
| Issue Price | 20285000 | IssuePrice |
| Description Of Purpose | REFINANCE THE PROJECTS FINANCED WITH SERIES 1998A AND SERIES 2002 BONDS. | 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) |
|---|---|---|
| Total Proceeds | 20285000 | TotalProceeds |
| Refunding Escrow | 19870493 | RefundingEscrow |
| Issuance Costs From Proceeds | 369020 | IssuanceCostsFromProceeds |
| Credit Enhancement | 45487 | CreditEnhancement |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | THE GOVERNING BODY OF LASELL VILLAGE HAS AUTHORIZED LASELL COLLEGE THROUGH A MANAGEMENT CONTRACT AS THE MANAGEMENT COMPANY TO PERFORM THE MANAGEMENT DUTIES TYPICALLY HANDLED BY DIRECT SUPERVISION OF OFFICERS OR KEY EMPLOYEES. LASELL VILLAGE SHALL HAVE THE RIGHT, UPON NOTICE TO LASELL COLLEGE, TO CHANGE, REPEAL OR ALTER POLICIES ADOPTED AND/OR IMPLEMENTED BY LASELL COLLEGE IN CONNECTION WITH MANAGING THE DAY-TO-DAY OPERATIONS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS WAS REVIEWED BY THE BOARD OF TRUSTEES AT A MEETING HELD ON 4/26/13 PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | OUR ORGANIZATION REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH OUR WRITTEN CONFLICT OF INTEREST POLICY BY HAVING EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEIR UNDERSTANDING OF THE POLICY AND WHETHER OR NOT A CONFLICT EXISTS. THE POLICY IS ALSO REVIEWED ANNUALLY WITH MANAGERS, WHICH IN TURN REVIEW ANNUALLY WITH THEIR STAFF. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF TRUSTEES OF LASELL COLLEGE CONDUCTS AN ANNUAL WRITTEN EVALUATION OF THE PRESIDENT OF THE COLLEGE WHOSE DUTIES ALSO INCLUDE BEING CEO OF LASELL VILLAGE AND ESTABLISHES COMPENSATION BASED ON PERFORMANCE AND, AMONG OTHER DATA, CONSIDERS A COMPARISON OF PRESIDENTS AND CEO'S AT SIMILAR SIZED INSTITUTIONS. THE PRESIDENT/CEO IN CONSULTATION WITH THE VP OF LASELL VILLAGE REVIEWS THE PERFORMANCE OF EACH OFFICER AGAINST A WRITTEN SET OF GOALS. COMPENSATION IS DETERMINED BY REVIEWING SALARY DATA OF THE RESPECTIVE POSITIONS AT SIMILAR SIZED PEER INSTITUTIONS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE 990 IS AVAILABLE ON GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 1023 IS AVAILABLE UPON REQUEST. ALSO AVAILABLE UPON REQUEST ARE OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -288,975. CHANGE IN FAIR VALUE OF INTERST RATE SWAP -1,834,284. TOTAL TO FORM 990, PART XI, LINE 5: -2,123,259. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LASELL COLLEGE INC | |||||||||||
| 1844 COMMONWEALTH AVENUE | NEWTON | MA | 02466 | 042103585 | EDUCATION | MA | 501(C)(3) | LINE 6 | LASELL INC | 0 | |
| LASELL INC | |||||||||||
| 1844 COMMONWEALTH AVENUE | NEWTON | MA | 02466 | 861070319 | ADMINISTRATIVE SUPPORT | MA | 501(C)(3) | LINE 11B, II | 0 | N/A | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1 |
Comments