WATERMAN COMMUNITIES INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- WATERMAN COMMUNITIES INC (EIN 59-2867652)
- Tax period
- 2010-10-01 to 2011-09-30
- Filed
- 2012-07-19
- IRS object ID
- 201202019349300730
- Schema version
- 2010v3.4
- 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 | 2012-07-19T15:03:08-05:00 | Timestamp |
| Tax Period End Date | 2011-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOORE STEPHENS LOVELACE PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 S ORLANDO AVENUE SUITE 400 | AddressLine1 |
| City | WINTER PARK | City |
| State | FL | State |
| ZIP Code | 327897192 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592867652 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WATERMAN COMMUNITIES INC | BusinessNameLine1 |
| Business Name Line2 | D/B/A WATERMAN VILLAGE OF MT DORA | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WATE | NameControl |
| Phone | 3523830051 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 BROOKFIELD AVENUE | AddressLine1 |
| City | MOUNT DORA | City |
| State | FL | State |
| ZIP Code | 32757 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANDREW DUJON | Name |
| Title | VICE PRESIDENT/CFO | Title |
| Phone | 3523830051 | Phone |
| Date Signed | 2012-07-19 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KURT A ALTER CPA | Name |
| Phone | 4077405400 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DALE LIND | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 BROOKFIELD AVENUE | AddressLine1 |
| City | MOUNT DORA | City |
| State | FL | State |
| ZIP Code | 32757 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 28177708 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WATERMANVILLAGE.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | THE ORGANIZATION'S MISSION IS TO PROVIDE HOUSING, HEALTHCARE AND OTHER SERVICES TO THE ELDERLY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 5 | NbrIndependentVotingMembers |
| Total Nbr Employees | 571 | TotalNbrEmployees |
| Total Nbr Volunteers | 75 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2218922 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 57780 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 26235721 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 27485076 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 55943 | InvestmentIncomePriorYear |
| Investment Income Current Year | 85709 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 524350 | OtherRevenuePriorYear |
| Other Revenue Current Year | 527664 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 29034936 | TotalRevenuePriorYear |
| Total Revenue Current Year | 28156229 | 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 | 13865296 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 14505197 | 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 | 14119629 | OtherExpensePriorYear |
| Other Expenses Current Year | 14361008 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 27984925 | TotalExpensesPriorYear |
| Total Expenses Current Year | 28866205 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1050011 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -709976 | RevenuesLessExpensesCY |
| Total Assets BOY | 38582098 | TotalAssetsBOY |
| Total Assets EOY | 37046885 | TotalAssetsEOY |
| Total Liabilities BOY | 41080931 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 40315564 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -2498833 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -3268679 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | AS A COMMUNITY CENTERED ORGANIZATION, WATERMAN COMMUNITIES, INC. MAKES IT POSSIBLE FOR ALL RESIDENTS TO AGE SUCCESSFULLY, LIVING THEIR BEST LIFE WITH MAXIMUM WELLNESS AND INDEPENDENCE THROUGH A BROAD RANGE OF SERVICES DELIVERED IN A SPIRIT OF CARING, INTEGRITY AND PROFESSIONALISM. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 12204617 | Expense |
| Revenue | 13752795 | Revenue |
| Description | EDGEWATER HEALTH CARE AND REHABILITATION CENTER: THIS SKILLED NURSING FACILITY SERVES APPROXIMATELY 120 RESIDENTS IN ITS REHABILITATION THERAPY SUB-ACUTE AND SECURED DEMENTIA UNITS, AND LONG-TERM CARE NURSING FACILITY BEDS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 7589294 | Expense |
| Revenue | 8552009 | Revenue |
| Description | INDEPENDENT LIVING RETIREMENT UNITS: THE INDEPENDENT LIVING UNITS SERVE APPROXIMATELY 305 ELDERLY RESIDENTS BY PROVIDING ONE MEAL PER DAY, TRANSPORTATION TO MEDICAL APPOINTMENTS, SHOPPING, ACTIVITIES, WEEKLY HOUSEKEEPING, MAINTENANCE, BASIC CABLE TELEVISION AND SOME UTILITIES. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 4597119 | Expense |
| Revenue | 5180272 | Revenue |
| Description | BRIDGEWATER ASSISTED LIVING FACILITY AND SUMMIT ASSISTED LIVING FACILITY: THE ASSISTED LIVING FACILITIES SERVE APPROXIMATELY 150 ELDERLY RESIDENTS WITH ASSISTANCE IN CERTAIN ACTIVITIES OF DAILY LIVING, INCLUDING A 24-HOUR NURSING STAFF; THREE MEALS DAILY; HOUSEKEEPING AND MAINTENANCE; TRANSPORTATION TO MEDICAL APPOINTMENTS AND SHOPPING ACTIVITIES; BASIC CABLE TELEVISION AND ALL UTILITIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 468264 | Expense |
| Revenue | 527664 | Revenue |
| Description | GENERAL REVENUE AND EXPENSES | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 468264 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Rev | 527664 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 24859294 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| 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 | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | 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 | 1 | 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 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 571 | 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 | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 5 | 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 | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREW DUJON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3523830051 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 BROOKFIELD AVENUE | AddressLine1 |
| City | MOUNT DORA | City |
| State | FL | State |
| ZIP Code | 32757 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (11 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 |
|---|---|---|---|---|---|---|---|
| KEVIN W MCEWEN | |||||||
| CHAIRMAN | 2.00 | X | X | 0 | 0 | 0 | |
| THOMAS POPIESKI | |||||||
| SECRETARY/TREASURER | 2.00 | X | X | 0 | 0 | 0 | |
| JOHN J COFFEY | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| RICHARD A LEIGH | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| GUSTAV SCHEUNEMAN | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| THOMAS E SUTTON | |||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | ||
| JEANNE DE PRADA | |||||||
| CHIEF OPERATING OFFICER | 40.00 | X | 156210 | 0 | 0 | ||
| ANDREW DUJON | |||||||
| CHIEF FINANCE OFFICER | 40.00 | X | 154290 | 0 | 2536 | ||
| DALE LIND | |||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | X | 237087 | 0 | 5800 | ||
| HEARDLEY R MURDOCK | |||||||
| MANAGING DIRECTOR BUDGET & FINANCE | 40.00 | 107356 | 0 | 0 | X | ||
| JACK C WILBURN | |||||||
| V.P. INFORMATION TECH & CORPORATE CONTRACTS | 40.00 | 123115 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 778058 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 8336 | TotalOtherCompensation |
| Number Individuals GT100 K | 5 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (3 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXHO INC & AFFILIATES | |||||
| P O BOX 905374 | CHARLOTEE | NC | 282905374 | CULINARY MANAGEMENT | 1800736 |
| RXPERTS PHARMACY SERVICES INC | |||||
| 4032 N 29TH AVENUE | HOLLYWOOD | FL | 33020 | PHARMACY SERVICES | 525542 |
| QCR INC | |||||
| 8477 S SUNCOAST BLVD | HOMOSASSA | FL | 34446 | THERAPY MANAGEMENT | 518766 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 3 | NumberOfContractorsGT100K |
| All Other Contributions | 57780 | AllOtherContributions |
| Total Contributions | 57780 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SKILLED NURSING | 623000 | 13752795 | 13752795 |
| INDEPENDENT LIVING | 623990 | 8552009 | 8552009 |
| ASSISTED LIVING | 623000 | 5180272 | 5180272 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 27485076 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 107188 | TotalRevenueColumn |
| Exclusion | $107,188 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 21479 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -21479 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -21479 | TotalRevenueColumn |
| Exclusion | -$21,479 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 623000 | BusinessCode |
| Total Revenue Column | 527664 | TotalRevenueColumn |
| Related Or Exempt Function Income | 527664 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 527664 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 28156229 | TotalRevenueColumn |
| Related Or Exempt Function Income | 28012740 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $85,709 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 500782 | Total |
| Management And General | 500782 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12722561 | Total |
| Program Services | 10915656 | ProgramServices |
| Management And General | 1806905 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 324326 | Total |
| Program Services | 211970 | ProgramServices |
| Management And General | 112356 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 957528 | Total |
| Program Services | 807359 | ProgramServices |
| Management And General | 150169 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 48000 | Total |
| Management And General | 48000 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1706608 | Total |
| Program Services | 1161499 | ProgramServices |
| Management And General | 545109 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 263419 | Total |
| Program Services | 15344 | ProgramServices |
| Management And General | 248075 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 330213 | Total |
| Program Services | 209663 | ProgramServices |
| Management And General | 120550 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1134185 | Total |
| Program Services | 961815 | ProgramServices |
| Management And General | 172370 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105337 | Total |
| Program Services | 47818 | ProgramServices |
| Management And General | 57519 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1888625 | Total |
| Program Services | 1888625 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2668101 | Total |
| Program Services | 2650299 | ProgramServices |
| Management And General | 17802 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2303818 | Total |
| Program Services | 2303818 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD AND DIETARY USAGE | 1628331 | 1566513 | 61818 |
| SUPPLIES | 1480471 | 1466690 | 13781 |
| REPAIRS AND MAINTENANCE | 409222 | 337297 | 71925 |
| TAXES AND LICENSES | 318452 | 299734 | 18718 |
| DUES AND SUBSCRIPTIONS | 40218 | 9935 | 30283 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36008 | Total |
| Program Services | 5259 | ProgramServices |
| Management And General | 30749 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28866205 | Total |
| Program Services | 24859294 | ProgramServices |
| Management And General | 4006911 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 334861 | BOY |
| EOY | 870921 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1961646 | BOY |
| EOY | 2442831 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67064 | BOY |
| EOY | 102463 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67437 | BOY |
| EOY | 66023 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 352393 | BOY |
| EOY | 289666 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 63923721 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 34891097 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28408772 | BOY |
| EOY | 29032624 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2877201 | BOY |
| EOY | 337581 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4512724 | BOY |
| EOY | 3904776 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38582098 | BOY |
| EOY | 37046885 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3960255 | BOY |
| EOY | 3833755 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10164197 | BOY |
| EOY | 10329606 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23169372 | BOY |
| EOY | 22332505 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2982053 | BOY |
| EOY | 3379352 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 805054 | BOY |
| EOY | 440346 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41080931 | BOY |
| EOY | 40315564 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2498833 | BOY |
| EOY | -3268679 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -2498833 | BOY |
| EOY | -3268679 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38582098 | BOY |
| EOY | 37046885 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -709976 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -59870 | 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 |
| 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 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 120 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1130 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 155753 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 53547 | CurrentTaxYearMinus1Year |
| Current Tax Year | 57780 | CurrentTaxYear |
| Total | 268330 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23489955 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25099967 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25237581 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 26235721 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27485076 | CurrentTaxYear |
| Total | 127548300 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23490075 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25101097 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25393334 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 26289268 | CurrentTaxYearMinus1Year |
| Current Tax Year | 27542856 | CurrentTaxYear |
| Total | 127816630 | 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) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 127816630 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 263952 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 174853 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 152649 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 55941 | CurrentTaxYearMinus1Year |
| Current Tax Year | 107188 | CurrentTaxYear |
| Total | 754583 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 263952 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 174853 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 152649 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 55941 | CurrentTaxYearMinus1Year |
| Current Tax Year | 107188 | CurrentTaxYear |
| Total | 754583 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 796700 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 919791 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 763655 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 644350 | CurrentTaxYearMinus1Year |
| Current Tax Year | 527664 | CurrentTaxYear |
| Total | 3652160 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 24550727 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 26195741 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26309638 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 26989559 | CurrentTaxYearMinus1Year |
| Current Tax Year | 28177708 | CurrentTaxYear |
| Total | 132223373 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.96670 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.96380 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00570 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00700 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 1 | AgentTrusteeEtc |
| Beginning Balance | 13192 | BeginningBalance |
| Additions During Year | 1234 | AdditionsDuringYear |
| Ending Balance | 14426 | EndingBalance |
| Included On FS | 0 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 2486651 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 2851303 | OtherCostOrOtherBasis |
| Book Value | 5337954 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 37554715 | OtherCostOrOtherBasis |
| Depreciation | 20686001 | Depreciation |
| Book Value | 16868714 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 423048 | OtherCostOrOtherBasis |
| Depreciation | 423048 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 11854765 | OtherCostOrOtherBasis |
| Depreciation | 9627977 | Depreciation |
| Book Value | 2226788 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 8753239 | OtherCostOrOtherBasis |
| Depreciation | 4154071 | Depreciation |
| Book Value | 4599168 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 29032624 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (6 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED FINANCING COSTS, NET | 581386 |
| DEPOSITS | 149185 |
| DEPOSITS FOR PURCHASE OF WATERMAN COVE | 98705 |
| ADVANCES TO RELATED PARTY | 209568 |
| ASSETS LIMITED IN USE | 2759651 |
| LIFE LEASE ACQUISITION COST, NET | 106281 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 3904776 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OTHER CURRENT LIABILITIES | $93,505 |
| LONG-TERM LIABILITIES | $346,841 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 440346 | TotalOfAmounts |
| Total Revenue | 28156229 | TotalRevenue |
| Total Expenses | 28866205 | TotalExpenses |
| Excess Or Deficit For Year | -709976 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 130 | NetUnrealizedGLOnInvestments |
| Other | -$60,000 | OtherAmount |
| Total Adjustments | -59870 | TotalAdjustments |
| Excess Or Deficit Per FS | -769846 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 28096359 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 130 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 130 | RevenueNotRptdF990 |
| Revenue Subtotal | 28096229 | RevenueSubtotal |
| Other Revenues Not Included | 60000 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 60000 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 28156229 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 28866205 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 28866205 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 28866205 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 1B: | THE ORGANIZATION PROVIDES A CASH MANAGEMENT SERVICE TO ITS RESIDENTS. THESE FUNDS REMAIN THE SOLE PROPERTY OF EACH RESIDENT, TO BE DISBURSED ONLY AS REQUESTED AND, ACCORDINGLY, THESE FUNDS ARE EXCLUDED FROM THESE FINANCIAL STATEMENTS. THE ORGANIZATION HAS A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS. | |
| IMPAIRMENT CHARGE ON PROPERTY HELD FOR SALE -60,000. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| IMPAIRMENT CHARGE ON PROPERTY HELD FOR SALE 60,000. | PART XII, LINE 4B - OTHER ADJUSTMENTS: |
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 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JEANNE DE PRADA | |||||||||||||
| 156210 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 156210 | 0 | 0 | 0 |
| ANDREW DUJON | |||||||||||||
| 154290 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2536 | 0 | 156826 | 0 | 0 | 0 |
| DALE LIND | |||||||||||||
| 237087 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5800 | 0 | 242887 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MOUNT DORA HEALTH FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP Number | 621233DD4 | CUSIPNumber |
| Date Issued | 2004-09-15 | DateIssued |
| Issue Price | 14015000 | IssuePrice |
| Description Of Purpose | SEE SUPPLEMENTAL INFORMATION | DescriptionOfPurpose |
| Defeased | 1 | 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 | 14218479 | TotalProceeds |
| Capitalized Interest | 28240 | CapitalizedInterest |
| Refunding Escrow | 13696794 | RefundingEscrow |
| Issuance Costs From Proceeds | 493445 | IssuanceCostsFromProceeds |
| Year Of Subst Completion | 2005 | 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) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Bond Counsel Routinely Engaged | 0 | BondCounselRoutinelyEngaged |
| Post Issuance Compliance Procdrs | 1 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 0 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SCHEDULE K, PART I(F) | PURPOSE OF SERIES 2004 BONDS | IN SEPTEMBER 2004, THE VILLAGE ISSUED MOUNT DORA HEALTH FACILITIES AUTHORITY REFUNDING REVENUE BONDS, SERIES 2004, IN THE AMOUNT OF $14,015,000, TO FINANCE THE REDEMPTION OF THE SERIES B PORTION OF THE SERIES 1996 BOND ISSUE AND TO PAY A PORTION OF THE COST OF ISSUING THE SERIES 2004 BONDS. THE 2004 BONDS INCLUDE SERIES A AND SERIES B BONDS ISSUED IN THE PRINCIPAL AMOUNTS OF $10,515,000 AND $3,500,000, RESPECTIVELY. |
| SCHEDULE K, PART I(C) | INFORMATION PERTAINING TO CUSIP OF 2004 SERIES BOND ISSUE: | THE SERIES 2004A BOND ISSUE CONSISTS OF THE FOLLOWING: CUSIP NO. 621233CW3, $20,000 3.75% TERM BONDS DUE AUGUST 15, 2006 CUSIP NO. 621233CX1, $670,000 3.75% TERM BONDS DUE AUGUST 15, 2007 CUSIP NO. 621233CY9, $690,000 4.25% TERM BONDS DUE AUGUST 15, 2008 CUSIP NO. 621233CZ6, $720,000 4.50% TERM BONDS DUE AUGUST 15, 2009 CUSIP NO. 621233DA0, $755,000 4.75% TERM BONDS DUE AUGUST 15, 2010 CUSIP NO. 621233DB8, $2,500,000 5.25% TERM BONDS DUE AUGUST 15, 2013 CUSIP NO. 621233DC6, $5,160,000 5.75% TERM BONDS DUE AUGUST 15, 2018 THE SERIES 2004B BOND ISSUE CONSISTS OF THE FOLLOWING: CUSIP NO. 621233DD4, $3,500,000 5.00% TERM BONDS DUE AUGUST 15, 2021 |
| SCHEDULE K, PART II, LINE 1 | ADDITIONAL INFORMATION RELATED TO BOND ISSUANCE: | THE TOTAL PROCEEDS FOR SERIES 2004 BOND ISSUE ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I, COLUMN (E). THE DIFFERENCES ARE AS FOLLOWS; AN UNDERWRITERS DISCOUNT OF $157,475, A $116,410 TRANSFER FROM DEBT SERVICE FUND FOR THE REFUNDED BONDS AND ACCRUED INTEREST OF $28,249. IN ADDITION, THE DIFFERENCE INCLUDES A COMPANY CONTRIBUTION OF $216,295. |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| DUJON ELDERCARE SERVICES | |||
| ENTITY'S PRINCIPALS ARE RELATIVES OF THE CFO, ANDREW DUJON. | 50344 | CONSTRUCTION SERVICES | 0 |
| HILLCREST INSURANCE | |||
| ENTITY IS OWNED BY BOARD MEMBER, KEVIN MCEWEN. | 1059214 | INSURANCE | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE ORGANIZATION'S CHIEF FINANCIAL OFFICER CONDUCTS A COMPREHENSIVE REVIEW OF THE FORM 990 BEFORE IT IS FILED. A COPY OF THE RETURN, AS ULTIMATELY FILED, IS PROVIDED TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. | |
| THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. THE BOARD REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED BY THE ANNUAL DISCLOSURE PROCESS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXIST. | FORM 990, PART VI, SECTION B, LINE 12C | |
| THE BOARD OF DIRECTORS DETERMINES THE COMPENSATION AND BENEFITS OF THE CHIEF EXECUTIVE OFFICER. THE CEO DETERMINES THE COMPENSATION AND BENEFITS OF OTHER OFFICERS AND KEY EMPLOYEES. THE BOARD AND CEO ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENTS BEING CONSIDERED. THE BOARD UTILIZES COMPARABILITY SURVEYS PROVIDED BY THE ORGANIZATION'S CPA FIRM. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN BOARD MEETING MINUTES. | FORM 990, PART VI, SECTION B, LINE 15 | |
| THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| ALLOCATION OF HOURS WORKED | HOURS WORKED PER WEEK ARE ALLOCATED BETWEEN THE FILING ORGANIZATION AND RELATED ORGANIZATIONS AS FOLLOWS FOR THE INDIVIDUAL LISTED WITHIN PART VII: ANDREW DUJON - WATERMAN COMMUNITIES, INC. - 40 HRS WATERMAN COMMUNITIES FOUNDATION - 1 HR DALE LIND - WATERMAN COMMUNITIES, INC. - 40 HRS WATERMAN COMMUNITIES FOUNDATION - 1 HR | FORM 990, PART VII, SECTION A, #1A, COLUMN (B) |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 130. IMPAIRMENT CHARGE ON PROPERTY HELD FOR SALE -60,000. TOTAL TO FORM 990, PART XI, LINE 5: -59,870. | FORM 990, PART XI, LINE 5: |
| OVERSIGHT OF AUDIT | THE BOARD OF DIRECTORS HAS RESPONSIBILITY FOR OVERSIGHT OF AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. | FORM 990, PART XII, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WATERMAN COMMUNITIES FOUNDATION INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 BROOKFIELD AVENUE | AddressLine1 |
| City | MOUNT DORA | City |
| State | FL | State |
| ZIP Code | 32757 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030386001 | EIN |
| Primary Activities | RAISES FUNDS FOR THE BENEFIT OF WATERMAN COMMUNITIES, INC. | PrimaryActivities |
| Legal Domicile State | FL | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 11(A) | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
| 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 | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | 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 | 1 | OtherTransferFromOtherOrg |
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