ELM TERRACE GARDENS: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: ELM TERRACE GARDENS (EIN 23-2132688)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-02-07
IRS object ID: 201110389349300211
Schema version: 2009v1.7
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-02-07T13:15:23-06:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CANON CAPITAL CPA'S	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	357 MAIN ST	AddressLine1
City	SOUDERTON	City
State	PA	State
ZIP Code	18964	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	232132688	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	ELM TERRACE GARDENS	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	ELMT	NameControl
Phone	2153615600	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	660 N BROAD STREET	AddressLine1
City	LANSDALE	City
State	PA	State
ZIP Code	19446	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT MCLAIN	Name
Title	CFO	Title
Phone	2153615600	Phone
Date Signed	2011-02-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	SHERRI SCHAEFFER	Name
Phone	2157234881	Phone
Date Prepared	2011-02-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2009	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Special Condition Description	EXTENSION GRANTED TO 21511	SpecialConditionDescription
Name Of Principal Officer Person	ROBERT LOVELACE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	660 N BROAD STREET	AddressLine1
City	LANSDALE	City
State	PA	State
ZIP Code	19446	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	13505313	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.ETG-CCRC.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1979	YearFormation
State Legal Domicile	PA	StateLegalDomicile
Activity Or Mission Description	ELM TERRACE GARDENS STRIVES TO PROVIDE QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS OF ITS RETIREMENT FACILITY LOCATED IN LANSDALE, PA.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	176	TotalNbrEmployees
Total Nbr Volunteers	158	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	34148	ContributionsGrantsPriorYear
Contributions Grants Current Year	42556	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	11882657	ProgramServiceRevenuePriorYear
Program Service Revenue CY	12822557	ProgramServiceRevenueCY
Investment Income Prior Year	24510	InvestmentIncomePriorYear
Investment Income Current Year	-39613	InvestmentIncomeCurrentYear
Other Revenue Prior Year	76628	OtherRevenuePriorYear
Other Revenue Current Year	89874	OtherRevenueCurrentYear
Total Revenue Prior Year	12017943	TotalRevenuePriorYear
Total Revenue Current Year	12915374	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	5294866	SalariesEtcPriorYear
Salaries Etc Current Year	5488434	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	6914688	OtherExpensePriorYear
Other Expenses Current Year	6820688	OtherExpensesCurrentYear
Total Expenses Prior Year	12209554	TotalExpensesPriorYear
Total Expenses Current Year	12309122	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-191611	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	606252	RevenuesLessExpensesCY
Total Assets BOY	26930118	TotalAssetsBOY
Total Assets EOY	25740601	TotalAssetsEOY
Total Liabilities BOY	26414991	TotalLiabilitiesBOY
Total Liabilities EOY	24555530	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	515127	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1185071	NetAssetsOrFundBalancesEOY
Mission Description	ELM TERRACE GARDENS STRIVES TO PROVIDE QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS OF ITS RETIREMENT FACILITY LOCATED IN LANSDALE, PA.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	10883078	Expense
Revenue	12822557	Revenue
Description	ELM TERRACE GARDENS PROVIDES QUALITY NURSING AND RESIDENTIAL CARE TO RESIDENTS OF ITS RETIREMENT COMMUNITY CONTAINING 126 INDEPENDENT LIVING UNITS, 61 PERSONAL CARE UNITS AND 72 NURSING BEDS. APPROXIMATELY 250 RESIDENTS WERE SERVED DURING THE YEAR.	Description
Total Program Service Expense	10883078	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Balance Sheet Amounts Reported	true	BalanceSheetAmountsReported
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	6	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	176	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	PA	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ROBERT MCLAIN	NamePerson
Telephone Number	2153615600	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	660 N BROAD ST	AddressLine1
City	LANSDALE	City
State	PA	State
ZIP Code	19446	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
CLIFFORD STOUT
BRD CHAIRMAN	2.00	X	X	0	0	0
JOHN HENLEY
SECRETARY	2.00	X	X	0	0	0
HAROLD MATHUES
TREASURER	2.00	X	X	0	0	0
JOAN SANTOS
VICE CHAIR	2.00	X	X	0	0	0
KENNETH AHRENSFIELD
BOARD MEMBER	2.00	X		0	0	0
REV DR KENT BERGHUIS
BOARD MEMBER	2.00	X		0	0	0
JACKIE CANNON
BOARD MEMBER	2.00	X		0	0	0
HEIDI GEVARD
BOARD MEMBER	2.00	X		0	0	0
DON HELPA
BOARD MEMBER	2.00	X		0	0	0
QUINCY LONGACRE
BOARD MEMBER	2.00	X		0	0	0
ELIZABETH SMITH
BOARD MEMBER	2.00	X		0	0	0
ROBERT LOVELACE
PRESIDENT	40.00		X	152004	0	9424
ROBERT MCLAIN
VICE PRES	40.00		X	124868	0	14524

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	276872	TotalReportableCompFromOrg
Total Other Compensation	23948	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (4 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
MORRISON SENIOR DINING
PO BOX 102289	ATLANTA	GA	30368	FOOD SERVICES	2209009
GENESIS REHAB SERVICES
WO 225 PO BOX 777	PHILADELPHIA	PA	19175	PHYSICAL THERAP	552749
CONTRACT PHARMACY SERV
125 TITUS AVE	WARRINGTON	PA	18976	PHARMACY SERV	377794
PENN BUILDERS INC
PO BOX 18	QUAKERTOWN	PA	18951	CONTRACTOR	260291

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	4	NumberOfContractorsGT100K
All Other Contributions	42556	AllOtherContributions
Total Contributions	42556	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	CARE FEES	Description
Business Code	623000	BusinessCode
Total Revenue Column	12822557	TotalRevenueColumn
Related Or Exempt Function Income	12822557	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	12822557	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	20655	TotalRevenueColumn
Exclusion	$20,655	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	59417	Real

Less Rental Expenses LessRentalExpenses

Field	Value	IRS element (for citing)
Real	23131	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	36286	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	36286	TotalRevenueColumn
Exclusion	$36,286	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	481453	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	541721	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	-60268	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-60268	TotalRevenueColumn
Exclusion	-$60,268	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	19840	GrossSalesOfInventory
Cost Of Goods Sold	25087	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-5247	TotalRevenueColumn
Related Or Exempt Function Income	-5247	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TELEPHONE SERVICE REV.	18036	18036
GUEST QUARTERS AND MEALS	14173	14173
LAUNDRY INCOME	12947	12947

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	13679	TotalRevenueColumn
Related Or Exempt Function Income	13679	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	58835	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	12915374	TotalRevenueColumn
Related Or Exempt Function Income	12876145	RelatedOrExemptFunctionIncome
Exclusion	-$3,327	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	340951	Total
Management And General	340951	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	3992032	Total
Program Services	3541589	ProgramServices
Management And General	450443	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	120793	Total
Program Services	98731	ProgramServices
Management And General	22062	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	654256	Total
Program Services	534759	ProgramServices
Management And General	119497	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	380402	Total
Program Services	310925	ProgramServices
Management And General	69477	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	44197	Total
Management And General	44197	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	20750	Total
Management And General	20750	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	6770	Total
Management And General	6770	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	2913980	Total
Program Services	2865737	ProgramServices
Management And General	48243	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	100860	Total
Management And General	100860	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	26129	Total
Management And General	26129	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	795836	Total
Program Services	795836	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	18484	Total
Management And General	18484	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	639747	Total
Program Services	639747	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1107267	Total
Program Services	1107267	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	104897	Total
Program Services	104897	ProgramServices

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
SUPPLIES	498906	498906
REPAIRS AND MAINTENANCE	325828	284147	41681
TELEPHONE	47961		47961
RENTED/LEASED EQUIPMENT	45866	25626	20240
CABLE SERVICES	32795	32795

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	90415	Total
Program Services	42116	ProgramServices
Management And General	48299	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	12309122	Total
Program Services	10883078	ProgramServices
Management And General	1426044	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	5120	BOY
EOY	24209	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	497906	BOY
EOY	336780	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1048288	BOY
EOY	546829	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	28827	BOY
EOY	25828	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	75311	BOY
EOY	74397	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	31415574	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	7577457	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	24558122	BOY
EOY	23838117	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	715626	BOY
EOY	893523	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	918	BOY
EOY	918	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	26930118	BOY
EOY	25740601	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	782150	BOY
EOY	922807	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	287506	BOY
EOY	292071	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	14440213	BOY
EOY	13006778	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	10905122	BOY
EOY	10333874	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	26414991	BOY
EOY	24555530	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	514209	BOY
EOY	1184153	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	918	BOY
EOY	918	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	515127	BOY
EOY	1185071	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	26930118	BOY
EOY	25740601	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	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	63141	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	72770	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	51854	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	34148	CurrentTaxYearMinus1Year
Current Tax Year	42556	CurrentTaxYear
Total	264469	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9770892	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	10319717	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11684051	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	11935566	CurrentTaxYearMinus1Year
Current Tax Year	12881059	CurrentTaxYear
Total	56591285	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9834033	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	10392487	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11735905	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	11969714	CurrentTaxYearMinus1Year
Current Tax Year	12923615	CurrentTaxYear
Total	56855754	Total

Field	Value	IRS element (for citing)
Public Support Total509	56855754	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	88984	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	107897	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	95223	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	80430	CurrentTaxYearMinus1Year
Current Tax Year	80072	CurrentTaxYear
Total	452606	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	88984	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	107897	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	95223	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	80430	CurrentTaxYearMinus1Year
Current Tax Year	80072	CurrentTaxYear
Total	452606	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	12554	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	9690	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	10963	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	24185	CurrentTaxYearMinus1Year
Current Tax Year	20173	CurrentTaxYear
Total	77565	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9935571	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	10510074	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	11842091	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	12074329	CurrentTaxYearMinus1Year
Current Tax Year	13023860	CurrentTaxYear
Total	57385925	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99080	PublicSupportPercentage509
Prior Year Support Percentage	0.99000	PriorYearSupportPercentage
Investment Income Percentage	0.01000	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.01000	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1402768	OtherCostOrOtherBasis
Book Value	1402768	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	28892694	OtherCostOrOtherBasis
Depreciation	6889985	Depreciation
Book Value	22002709	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1117112	OtherCostOrOtherBasis
Depreciation	687472	Depreciation
Book Value	429640	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Investment Cost Or Other Basis	3000	InvestmentCostOrOtherBasis
Book Value	3000	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	23838117	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
EARNABLE ENTRANCE FEES	$10,155,460
REFUNDABLE ENTRANCE FEES	$178,414

Field	Value	IRS element (for citing)
Total Of Amounts	10333874	TotalOfAmounts
Total Revenue	12915374	TotalRevenue
Total Expenses	12309122	TotalExpenses
Excess Or Deficit For Year	606252	ExcessOrDeficitForYear
Net Unrealized GL On Investments	138692	NetUnrealizedGLOnInvestments
Other	-$75,000	OtherAmount
Total Adjustments	63692	TotalAdjustments
Excess Or Deficit Per FS	669944	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	13041814	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	138692	NetUnrealizedGainsInvestments
Other Revenues	-12252	OtherRevenues
Revenue Not Rptd F990	126440	RevenueNotRptdF990
Revenue Subtotal	12915374	RevenueSubtotal
Total Revenue Per Form990	12915374	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	12371870	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	62748	OtherExpensesIncluded
Expenses Not Rptd F990	62748	ExpensesNotRptdF990
Expenses Subtotal	12309122	ExpensesSubtotal
Total Expenses Per Form990	12309122	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	INVESTMENT FEES NETTED ON FINANCIAL STATEMENT -6,770 ESCORT EXP NETTED ON FINANCIAL STATEMENT -5,482 INVESTOR FEES NETTED ON FINANCIAL STATEMENT 6,770 PROVISION FOR UNCOLLECTIBLE ACCOUNTS -75,000 ESCORT FEES NETTED ON FINANCIAL STATEMENT 5,482
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	INVESTMENT FEES NETTED ON FINANCIAL STATEMENT -6,770 ESCORT EXP NETTED ON FINANCIAL STATEMENT -5,482
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XIII, LINE 2D	INVESTOR FEES NETTED ON FINANCIAL STATEMENT -6,770 PROVISION FOR UNCOLLECTIBLE ACCOUNTS 75,000 ESCORT FEES NETTED ON FINANCIAL STATEMENT -5,482

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	true	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	ROBERT LOVELACE	NamePerson
Base Compensation Filing Org	128029	BaseCompensationFilingOrg
Bonus Filing Org	23975	BonusFilingOrg
Deferred Comp Filing Org	9424	DeferredCompFilingOrg
Total Compensation Filing Org	161428	TotalCompensationFilingOrg

Form990 Schedule J Part III Form990ScheduleJPartIII

Field	Value	IRS element (for citing)
Identifier	COMPENSATION CONTINGENT UPON NET EARNINGS OF ORGANIZATION	Identifier
Return Reference	SCHEDULE J, PAGE 1, PART I, LINE 6A	ReturnReference
Explanation	INCENTIVE COMPENSATION IS BASED 40% ON QUANTITATIVE GOALS AND 60% ON QUALITATIVE GOALS. QUALITATIVE GOALS INCLUDE RESIDENT AND EMPLOYEE SATISFACTION, SURVEY COMPARISONS, COMPLIANCE WITH REGULATIONS AND ADHERENCE TO STRATEGIC PLANNING. TOTAL INCENTIVE COMPENSATION CANNOT EXCEED 20% OF THE OFFICER'S BASE COMPENSATION.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (4 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
JASON LOVELACE
SON OF PRESIDEN	40021	COMPENSATION AS DIR	false
(no name)
		OF TECH AND INFO	false
MARGARET LOVELACE
DAUGHTER IN LAW	35158	COMPENSATION AS ASST	false
(no name)
TO PRESIDENT		DIRECTOR OF ACTIVIT	false

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11	THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT AND THE BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE ORGANIZATION QUESTIONS THE OFFICERS AND BOARD OF DIRECTORS QUARTERLY ON POTENTIAL CONFLICTS OF INTEREST, HOWEVER OFFICERS AND BOARD MEMBERS ARE EXPECTED TO REPORT ANY POTENTIAL CONFLICTS AS SOON AS THEY ARE REALIZED.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE ORGANIZATION USES THE PANPHA SALARY SURVEY INFORMATION FOR SE PA FOR AID IN THE DETERMINATION OF ALL EMPLOYEE COMPENSATION. THE CEO COMPENSATION IS ADDITIONALLY APPROVED BY THE BOARD.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE ORGANIZATION USES PANPHA SALARY SURVEY INFORMATION FOR SE PA TO AID IN THE DETERMINATION OF COMPENSATION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
ADDITIONAL INFORMATION	SCHEDULE O	FORM 990, PART VI, LINE 19 - AVAILABILITY OF DOCUMENTS THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENT IS INCLUDED IN THE DISCLOSURE STATEMENT GIVEN TO EXISTING AND PROSPECTIVE RESIDENTS. COPY OF FORM 990S ARE ALSO AVAILABLE ON GUIDESTAR'S WEBSITE.