FORT NORFOLK RETIREMENT COMMUNITY INC: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
FORT NORFOLK RETIREMENT COMMUNITY INC (EIN 02-0601375)
Tax period
2010-10-01 to 2011-09-30
Filed
2012-05-02
IRS object ID
201221239349300747
Schema version
2010v3.2
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

FieldValueIRS element (for citing)
Timestamp2012-05-02T09:45:15-07:00Timestamp
Tax Period End Date2011-09-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1Cole & King LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line12707 Brambleton Ave SWAddressLine1
CityRoanokeCity
StateVAState
ZIP Code24015ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2010-10-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN020601375EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Fort Norfolk Retirement Community IncBusinessNameLine1
Business Name Line2DBA Harbors EdgeBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlFORTNameControl
Phone7572330475Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Colley AvenueAddressLine1
CityNorfolkCity
StateVAState
ZIP Code23510ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameWilliam Van Buren IIIName
TitleChairmanTitle
Date Signed2012-05-02DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameCJ KingName
Phone5407760771Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonWilliam R Van Buren IIINameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1One Colley AvenueAddressLine1
CityNorfolkCity
StateVAState
ZIP Code23510ZIPCode
FieldValueIRS element (for citing)
Gross Receipts17675652GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
All Affiliates IncludedfalseAllAffiliatesIncluded
Organization501c3XOrganization501c3
Web Sitewww.harborsedgenorfolk.comWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation2002YearFormation
State Legal DomicileVAStateLegalDomicile
Activity Or Mission DescriptionOur mission is to provide an active, involved, independent lifestyle for our residents in an atmosphere of comfort, security and exceptional service.ActivityOrMissionDescription
Nbr Voting Members Governing Body10NbrVotingMembersGoverningBody
Nbr Independent Voting Members10NbrIndependentVotingMembers
Total Nbr Employees373TotalNbrEmployees
Total Gross UBI0TotalGrossUBI
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year16319569ProgramServiceRevenuePriorYear
Program Service Revenue CY16576681ProgramServiceRevenueCY
Investment Income Prior Year137173InvestmentIncomePriorYear
Investment Income Current Year284603InvestmentIncomeCurrentYear
Other Revenue Prior Year47312OtherRevenuePriorYear
Other Revenue Current Year41925OtherRevenueCurrentYear
Total Revenue Prior Year16504054TotalRevenuePriorYear
Total Revenue Current Year16903209TotalRevenueCurrentYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year6078950SalariesEtcPriorYear
Salaries Etc Current Year5899060SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year13085173OtherExpensePriorYear
Other Expenses Current Year12991433OtherExpensesCurrentYear
Total Expenses Prior Year19164123TotalExpensesPriorYear
Total Expenses Current Year18890493TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-2660069RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-1987284RevenuesLessExpensesCY
Total Assets BOY111620868TotalAssetsBOY
Total Assets EOY108327701TotalAssetsEOY
Total Liabilities BOY133046032TotalLiabilitiesBOY
Total Liabilities EOY131954674TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY-21425164NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY-23626973NetAssetsOrFundBalancesEOY
Mission DescriptionOur mission is to provide an active, involved, independent lifestyle for our residents in an atmosphere of comfort, security and exceptional service.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense17295567Expense
Revenue16576680Revenue
DescriptionContinued operation and development of a high-quality continuing care retirement facility which provides an active and engaged lifestyle for residents in each of our care levels, i.e. independent living, assisted living, memory support and skilled nursing. During our 2011 fiscal year, Harbor's Edge served over 440 residents. Due to the continued high quality of care and services provided, occupancy of our independent living community increased from 89% at the beginning of our fiscal year to approximately 91% in September 2011. As a consequence, Harbor's Edge has enhanced the fulfillment of its mission and charitable purpose.Description
Total Program Service Expense17295567TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredfalseScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Subject To Proxy TaxfalseSubjectToProxyTax
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetsfalseReportOtherAssets
Report Other LiabilitiestrueReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmtfalseIndependentAuditFinancialStmt
Consolidated Audit Financial StmttrueConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredfalseScheduleJRequired
Tax Exempt BondstrueTaxExemptBonds
Invest Tax Exempt BondstrueInvestTaxExemptBonds
Escrow AccountfalseEscrowAccount
On Behalf Of IssuertrueOnBehalfOfIssuer
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With109635NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingfalseComplianceWithBackupWitholding
Number Of Employees373NumberOfEmployees
Employment Tax Returns FiledtrueEmploymentTaxReturnsFiled
Unrelated Business IncomefalseUnrelatedBusinessIncome
Form990-T FiledfalseForm990-TFiled
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Form8886 T FiledfalseForm8886TFiled
Non Deductible ContributionsfalseNonDeductibleContributions
Non Deductible DisclosurefalseNonDeductibleDisclosure
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Quid Pro Quo DisclosurefalseQuidProQuoDisclosure
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Number Of8282 Filed0NumberOf8282Filed
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Form8899 FiledfalseForm8899Filed
Form1098 C FiledfalseForm1098CFiled
Excess Business HoldingsfalseExcessBusinessHoldings
Taxable DistributionsfalseTaxableDistributions
Distribution To DonorfalseDistributionToDonor
Filed Lieu1041falseFiledLieu1041
Licensed More Than One StatefalseLicensedMoreThanOneState
Indoor Tanning ServicesfalseIndoorTanningServices
Form720 FiledfalseForm720Filed
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members10NbrVotingGoverningBodyMembers
Number Independent Voting Members10NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiestrueDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Policies Reference ChaptersfalsePoliciesReferenceChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOtrueCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Written Policy Or ProcedurefalseWrittenPolicyOrProcedure
Other WebsiteXOtherWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonCathy L'HeureuxNamePerson
Telephone Number7572330475TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1One Colley AvenueAddressLine1
CityNorfolkCity
StateVAState
ZIP Code23510ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (11 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
William R Van Buren III
Chairman3.00XX000
Thomas J Knox
Director1.00X000
Kenneth Scott
Director1.00X000
Jack Kavanaugh
Vice Chairman1.00XX000
George C Crawley
Director1.00X000
G Conoly Phillips
Secretary/Treas1.00XX000
Edward B Snyder
Director1.00X000
Donald Fisher
CFO40.00X1160770462
Beth M Duke
Director1.00X000
Arthur Diamonstein
Director1.00X000
Alice McAdory
Director1.00X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org116077TotalReportableCompFromOrg
Total Other Compensation462TotalOtherCompensation
Number Individuals GT100 K1NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KfalseTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Volder Consulting LLC
150 W Main Street Suite 1610NorfolkVA23510See Schedule O424988
VIP Consulting
11840 Canon Blvd Suite 300Newport NewsVA23606Business Consulting259522
Kaufman & Canoles
P O Box 3037NorfolkVA23514Legal246795
HR Business Solutions
9601 Gayton Road Suite 204RichmondVA23238HR Consulting286834
Functional Pathways of Tennessee LLC
PO Box 102426AtlantaGA30368Physical Therapy543132
FieldValueIRS element (for citing)
Number Of Contractors GT100 K6NumberOfContractorsGT100K
Total Contributions0TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
Resident Services6230001126016111260161
Nursing & Therapy Svcs62300027342462734246
Entrance Fees62300025822742582274
FieldValueIRS element (for citing)
Total Program Service Revenue16576681TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column312716TotalRevenueColumn
Exclusion$312,716ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real41925Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real41925Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column41925TotalRevenueColumn
Exclusion$41,925ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities744330Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities764882Securities
Other7561Other

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities-20552Securities
Other-7561Other

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column-28113TotalRevenueColumn
Exclusion-$28,113ExclusionAmount

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column16903209TotalRevenueColumn
Related Or Exempt Function Income16576681RelatedOrExemptFunctionIncome
Exclusion$326,528ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total116539Total
Management And General116539ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total5017335Total
Program Services4437703ProgramServices
Management And General579632ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total28824Total
Program Services25494ProgramServices
Management And General3330ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total314037Total
Program Services277758ProgramServices
Management And General36279ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total422325Total
Program Services373536ProgramServices
Management And General48789ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total711477Total
Program Services629283ProgramServices
Management And General82194ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total79648Total
Program Services79648ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total81358Total
Program Services71959ProgramServices
Management And General9399ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total31247Total
Program Services27637ProgramServices
Management And General3610ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total54388Total
Program Services54388ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total300592Total
Program Services265866ProgramServices
Management And General34726ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total71385Total
Program Services63138ProgramServices
Management And General8247ManagementAndGeneral

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total4477043Total
Program Services4232145ProgramServices
Management And General244898ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total0Total

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total4243Total
Management And General4243ManagementAndGeneral

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3011175Total
Program Services2826155ProgramServices
Management And General185020ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total235921Total
Program Services223016ProgramServices
Management And General12905ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
Supplies1560525147516385362
Resident Relations171706171706
Contract Services1230852116352367329
Consultants14456012786016700
Building Maintenance36197434217419800

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total463339Total
Program Services427415ProgramServices
Management And General35924ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total18890493Total
Program Services17295567ProgramServices
Management And General1594926ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY267BOY
EOY267EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY20031995BOY
EOY15214203EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
EOY0EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY397260BOY
EOY583022EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY2449163BOY
EOY440774EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY38994BOY
EOY22436EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY209463BOY
EOY215932EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis95674534LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec12407850LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY85655532BOY
EOY83266684EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
EOY5918898EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY2745939BOY
EOY2460266EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY92255BOY
EOY205219EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY111620868BOY
EOY108327701EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY1822661BOY
EOY1639578EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY77264281BOY
EOY77295822EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY52376811BOY
EOY51401715EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY1582279BOY
EOY1617559EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY133046032BOY
EOY131954674EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY-21425164BOY
EOY-23626973EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY-21425164BOY
EOY-23626973EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY111620868BOY
EOY108327701EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-1987284ReconcilationRevenueExpenses
Reconcilation Other Changes-214525ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteetrueAuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit RequiredfalseFederalGrantAuditRequired
Federal Grant Audit PerformedfalseFederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2XPubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

FieldValueIRS element (for citing)
Total0Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5364220CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years10600718CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years13747653CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year16319569CurrentTaxYearMinus1Year
Current Tax Year16576680CurrentTaxYear
Total62608840Total

Gross Receipts From Non UBI GrossReceiptsFromNonUBI

FieldValueIRS element (for citing)
Total0Total

Tax Rev Levied For Org Benefit509 TaxRevLeviedForOrgBenefit509

FieldValueIRS element (for citing)
Total0Total

Value Of Svcs Fclts Furnishd By Govt ValueOfSvcsFcltsFurnishdByGovt

FieldValueIRS element (for citing)
Total0Total

Total509 Total509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years5364220CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years10600718CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years13747653CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year16319569CurrentTaxYearMinus1Year
Current Tax Year16576680CurrentTaxYear
Total62608840Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Amts From Subst Contributors AmtsFromSubstContributors

FieldValueIRS element (for citing)
Total0Total
FieldValueIRS element (for citing)
Public Support Total50962608840PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years970514CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years373526CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years229072CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year137173CurrentTaxYearMinus1Year
Current Tax Year312716CurrentTaxYear
Total2023001Total

Post1975 UBTI Post1975UBTI

FieldValueIRS element (for citing)
Total0Total

Investment Income And UBTI InvestmentIncomeAndUBTI

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years970514CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years373526CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years229072CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year137173CurrentTaxYearMinus1Year
Current Tax Year312716CurrentTaxYear
Total2023001Total

Net Income From Other UBI NetIncomeFromOtherUBI

FieldValueIRS element (for citing)
Total0Total

Other Income509 OtherIncome509

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years164827CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years213002CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years667020CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year47312CurrentTaxYearMinus1Year
Current Tax Year41925CurrentTaxYear
Total1134086Total

Total Support Total TotalSupportTotal

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years6499561CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years11187246CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years14643745CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year16504054CurrentTaxYearMinus1Year
Current Tax Year16931321CurrentTaxYear
Total65765927Total
FieldValueIRS element (for citing)
Public Support Percentage5090.95200PublicSupportPercentage509
Prior Year Support Percentage0.94200PriorYearSupportPercentage
Investment Income Percentage0.03080InvestmentIncomePercentage
Prior Yr Invest Income Percentage0.03500PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509XThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis91328883OtherCostOrOtherBasis
Depreciation10630130Depreciation
Book Value80698753BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis2814951OtherCostOrOtherBasis
Depreciation1405755Depreciation
Book Value1409196BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis1530700OtherCostOrOtherBasis
Depreciation371965Depreciation
Book Value1158735BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings83266684TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescriptionAmountAmount
Resident Deposits$508,354
Deferred Management Fees$1,109,205
FieldValueIRS element (for citing)
Total Of Amounts1617559TotalOfAmounts

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

Issuer EINIssuerEINDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancingCUSIP NumberCUSIPNumber
Norfolk Redevelopment & H
5460014662010-05-2620000000Refunding Portion of 2004 Bondfalsetruefalse
(no name)
655909BN8
Norfolk Redevelopment & Housing Authority
5460014662004-11-0452600715Construction of Retirement Communityfalsetruefalse655909BMO

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceedsCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaindAmount In Reserve FundAmountInReserveFundIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpenditures
20000000truefalsetruetrue
52600715falsefalsetruetrue5129350154442145928945

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
falsefalsefalsefalsetruetrue
falsefalsefalsefalsetruetrue

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebateTerm Of GICTermOfGICRegulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied
(no name)
falsefalsefalsefalsefalsefalse
Robobank
falsetruefalsetruetruefalse10.0000true

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
Form 990, Part VII, Section B, Line 1, Item 2The details of the Organization's payments to Volder Consulting, LLC are as follows:Management Fees $ 138,724Deferred Development Fees 200,000Execuive Director Compensation 68,075Expense Reimbursements 18,189Total $ 424,988
Form 990, Part VI, Line 19: Other Organization Documents Publicly AvailableThe Organization makes its Form 990 available through Guidestar at www.guidestar.org and The Electronic Municipal Market Access ("EMMA") website for continuing disclosure at www.emma.msrb.org. Financial statement information is provided via EMMA and the Organization makes its governing documents, conflict of interest policy and audited financial statements available upon request.Form 990, Part VI, Line 19
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of ConflictsEmployees and Board members are covered by the Organization's conflict of interest policy. For employees, this policy is outlined in the employee handbook which is presented and discussed in new employee orientation. Each employee signs a statement acknowledging that he or she has received all policies and understands them. With regard to Board members, this policy is contained in the Board of Directors governance manual which is reviewed annually.Form 990, Part VI, Line 12c
Form 990, Part VI, Line 11: Form 990 Review ProcessThe completed Form 990 and applicable schedules are reviewed by the Finance Committee prior to submission. After review and approval by the Finance Committee, a copy of completed Form 990 and its supporting schedules are provided to each voting Board member either electronically or by paper copy sent via overnight courier.Form 990, Part VI, Line 11
Form 990, Part VI, Line 3: Description of Delegated Duties to Management CompanyVolder Consulting, LLC of Norfolk, Virginia is engaged to provide the day-to-day management of the community.Form 990, Part VI, Line 3

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1Harbors Edge Charitable FoundationBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1One Colley AvenueAddressLine1
CityNorfolkCity
StateVAState
ZIP Code23510ZIPCode
FieldValueIRS element (for citing)
EIN262260106EIN
Primary ActivitiesTo Enhance the Lives of Seniors Residing in Hampton RoadsPrimaryActivities
Legal Domicile StateVALegalDomicileState
Exempt Code Section501(c)(3)ExemptCodeSection
Public Charity Status11APublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Fort Norfolk Retirement Community IncBusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgsfalsePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgsfalsePerformOfServicesByOtherOrgs
Sharing Of FacilitiesfalseSharingOfFacilities
Sharing Of Paid EmployeesfalseSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

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