THE CAPSTONE GROUP INC: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization: THE CAPSTONE GROUP INC (EIN 43-1821821)
Tax period: 2025-01-01 to 2025-12-31
Filed: 2026-09-18
IRS object ID: 202632619349300423
Schema version: 2025v4.2
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
Form 990
Schedule A
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-09-18T14:16:46-05:00	ReturnTs
Tax Period End	2025-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10401 W INNOVATION DR STE 300	AddressLine1Txt
City	WAUWATOSA	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53226	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2025-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	431821821	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE CAPSTONE GROUP INC AND SUBSIDIARIE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CAPS	BusinessNameControlTxt
Phone	7705781754	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3831 FENWAY CROSSING	AddressLine1Txt
City	MARIETTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30062	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MICHAEL MICHAUD	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7705781754	PhoneNum
Signature	2026-09-18	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KRISTEN DONLEVY	PreparerPersonNm
PTIN	P01670215	PTIN
Phone	4144761880	PhoneNum
Preparation	2026-09-16	PreparationDt

Field	Value	IRS element (for citing)
Tax	2025	TaxYr

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MICHAEL MICHAUD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3831 FENWAY CROSSING	AddressLine1Txt
City	MARIETTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30062	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$11,436,014	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	MO	LegalDomicileStateCd
Activity Or Mission	OPERATION OF LONG-TERM HEALTH CARE FACILITIES AND DEVELOPMENT OF WORKFORCE HOUSING PROJECTS.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	214	TotalEmployeeCnt
Total Volunteers	35	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$8,829	PYContributionsGrantsAmt
CY Contributions Grants	$24,638	CYContributionsGrantsAmt
PY Program Service Revenue	$10,558,058	PYProgramServiceRevenueAmt
CY Program Service Revenue	$11,375,318	CYProgramServiceRevenueAmt
PY Investment Income	-$125,093	PYInvestmentIncomeAmt
CY Investment Income	$36,058	CYInvestmentIncomeAmt
PY Other Revenue	$2,688	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$10,444,482	PYTotalRevenueAmt
CY Total Revenue	$11,436,014	CYTotalRevenueAmt
PY Grants And Similar Paid	$1,490	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$660	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,287,042	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,586,057	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$5,234,550	PYOtherExpensesAmt
CY Other Expenses	$5,317,921	CYOtherExpensesAmt
PY Total Expenses	$10,523,082	PYTotalExpensesAmt
CY Total Expenses	$10,904,638	CYTotalExpensesAmt
PY Revenues Less Expenses	-$78,600	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$531,376	CYRevenuesLessExpensesAmt
Total Assets BOY	$12,242,822	TotalAssetsBOYAmt
Total Assets EOY	$17,516,528	TotalAssetsEOYAmt
Total Liabilities BOY	$7,381,598	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$11,653,817	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,861,224	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,862,711	NetAssetsOrFundBalancesEOYAmt
Mission	OPERATION OF LONG-TERM HEALTH CARE FACILITIES	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,724,124	ExpenseAmt
Grant	$660	GrantAmt
Revenue	$11,375,318	RevenueAmt
Desc	OPERATION OF LONG-TERM HEALTH CARE FACILITIES. THE CAPSTONE GROUP OWNS TWO FACILITIES, ONE IN GUTHRIE CENTER, IA AND ONE IN MARION, IA. THE GUTHRIE CENTER FACILITY OFFERS A FULL SPECTRUM OF CARE NEEDS, WITH SEVENTEEN (17) INDEPENDENT LIVING APARTMENTS FOR SENIOR CITIZENS, FOURTEEN (14) ASSISTED LIVING UNITS, AND FIFTY-EIGHT (58) SKILLED NURSING BEDS. IN TOTAL THE NEW HOMESTEAD IS CAPABLE OF SERVING, SHOULD THERE BE DEMAND, UP TO ONE-HUNDRED AND TWENTY-SIX (126) RESIDENTS WERE THERE TO BE COUPLES IN INDEPENDENT LIVING AND ASSISTED LIVING APARTMENTS. THE MARION FACILITY IS FOCUSED ON SKILLED NURSING CARE AND IS LICENSED FOR FIFTY (50) BEDS.	Desc
Total Program Service Expenses	$9,724,124	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	26	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	214	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	0	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MICHAEL MICHAUD	PersonNm
Phone	7705781754	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3831 FENWAY CROSSING	AddressLine1Txt
City	MARIETTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30062	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MICHAEL A MICHAUD
PRESIDENT & TREASURER	40.00	Yes (X)	Yes (X)	$120,000	$0	$0
GREGORY T SLESSOR
VICE PRESIDENT	3.00	Yes (X)	Yes (X)	$7,500	$0	$0
JAMES J LOCK
SECRETARY	3.00	Yes (X)	Yes (X)	$8,281	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$135,781	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
HEALTHCARE OF IOWA
5925 DRY CREEK LANE NE	CEDAR RAPIDS	IA	52402	MANAGEMENT/CONSULTING SERVICES	$1,059,596
IOWA MEDICAID ENTERPRISE
1801 PARKVIEW DR 1ST FLOOT	SHOREVIEW	MN	55126	QUALITY ACCESS FEES	$586,790
FUSION MEDICAL STAFFING
PO BOX 30131	OMAHA	NE	68103	STAFFING COMPANY	$444,458
MARTIN BROTHERS
PO BOX 69	CEDAR FALLS	IA	50613	FOOD SUPPLIES	$338,266
KEVALA TECHNOLOGIES INC
PO BOX 121366	DALLAS	TX	75312	IT SERVICES	$292,125

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	8	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$24,638	AllOtherContributionsAmt
Total Contributions	$24,638	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PRIVATE PAY	623000	$3,811,419	$3,811,419
HOUSING	623000	$3,704,367	$3,704,367
MEDICAID	623000	$3,213,604	$3,213,604
MEDICARE A	623000	$416,498	$416,498
MEDICARE B	623000	$124,548	$124,548

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$104,882	TotalRevenueColumnAmt
Related Or Exempt Func Income	$104,882	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$11,375,318	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,027	TotalRevenueColumnAmt
Exclusion	$31,027	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$5,031	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$5,031	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,031	TotalRevenueColumnAmt
Exclusion	$5,031	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$11,436,014	TotalRevenueColumnAmt
Related Or Exempt Func Income	$11,375,318	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$36,058	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$660	TotalAmt
Program Services	$660	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$135,781	TotalAmt
Program Services	$135,781	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,771,891	TotalAmt
Program Services	$4,245,198	ProgramServicesAmt
Management And General	$526,693	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$30,574	TotalAmt
Program Services	$17,994	ProgramServicesAmt
Management And General	$12,580	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$292,832	TotalAmt
Program Services	$162,477	ProgramServicesAmt
Management And General	$130,355	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$354,979	TotalAmt
Program Services	$316,082	ProgramServicesAmt
Management And General	$38,897	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$800,478	TotalAmt
Program Services	$717,507	ProgramServicesAmt
Management And General	$82,971	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$86,404	TotalAmt
Management And General	$86,404	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$133,146	TotalAmt
Management And General	$133,146	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,220,226	TotalAmt
Program Services	$1,220,226	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$52,625	TotalAmt
Management And General	$52,625	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$163,283	TotalAmt
Program Services	$100,717	ProgramServicesAmt
Management And General	$62,566	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$413,184	TotalAmt
Program Services	$393,349	ProgramServicesAmt
Management And General	$19,835	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$38,226	TotalAmt
Program Services	$21,009	ProgramServicesAmt
Management And General	$17,217	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$185,377	TotalAmt
Program Services	$185,377	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$198,307	TotalAmt
Program Services	$198,307	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$261,910	TotalAmt
Program Services	$261,910	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
SUPPLIES	$1,068,883	$1,068,883
THERAPY	$289,979	$289,979
REPAIRS AND MAINTENANCE	$231,477	$231,477
BAD DEBT EXPENSE	$72,000	$72,000

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$102,416	TotalAmt
Program Services	$85,191	ProgramServicesAmt
Management And General	$17,225	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,904,638	TotalAmt
Program Services	$9,724,124	ProgramServicesAmt
Management And General	$1,180,514	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,238,070	BOYAmt
EOY	$1,204,104	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,396,876	BOYAmt
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,960,126	BOYAmt
EOY	$2,350,796	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$81,498	BOYAmt
EOY	$72,534	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$14,429,795	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,822,620	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$6,872,918	BOYAmt
EOY	$10,607,175	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$512,951	BOYAmt
EOY	$494,044	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$180,383	BOYAmt
EOY	$2,787,875	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$12,242,822	BOYAmt
EOY	$17,516,528	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$880,786	BOYAmt
EOY	$851,459	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$229,451	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$6,271,361	BOYAmt
EOY	$9,740,973	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$1,061,385	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,381,598	BOYAmt
EOY	$11,653,817	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,861,224	BOYAmt
EOY	$5,862,711	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,861,224	BOYAmt
EOY	$5,862,711	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$12,242,822	BOYAmt
EOY	$17,516,528	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$531,376	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$38,609	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	$431,502	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	Yes (1)	AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
FS Audited	0	FSAuditedInd
Audit Committee	0	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$1,493,561	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$8,829	CurrentTaxYearMinus1YearAmt
Current Tax Year	$24,638	CurrentTaxYearAmt
Total	$1,527,028	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,476,913	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,960,534	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$10,216,602	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,558,058	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,375,318	CurrentTaxYearAmt
Total	$51,587,425	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,476,913	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,960,534	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$11,710,163	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,566,887	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,399,956	CurrentTaxYearAmt
Total	$53,114,453	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$53,114,453	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,029	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,079	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,369	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$112,781	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,027	CurrentTaxYearAmt
Total	$237,285	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,029	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$19,079	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$55,369	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$112,781	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,027	CurrentTaxYearAmt
Total	$237,285	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$2,697	CurrentTaxYearMinus1YearAmt
Total	$2,697	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$10,495,942	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,979,613	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$11,765,532	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,682,365	CurrentTaxYearMinus1YearAmt
Current Tax Year	$11,430,983	CurrentTaxYearAmt
Total	$53,354,435	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99550	PublicSupportCY509Pct
Public Support PY509	0.99560	PublicSupportPY509Pct
Investment Income CY	0.00440	InvestmentIncomeCYPct
Investment Income PY	0.00440	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	MISCELLANEOUS REVENUE - 2024 AMOUNT: $ 2,697. 2025 AMOUNT: $ 0.	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$938,141	OtherCostOrOtherBasisAmt
Book Value	$938,141	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$7,856,099	OtherCostOrOtherBasisAmt
Depreciation	$3,410,941	DepreciationAmt
Book Value	$4,445,158	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,588,260	OtherCostOrOtherBasisAmt
Depreciation	$411,679	DepreciationAmt
Book Value	$1,176,581	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,047,295	OtherCostOrOtherBasisAmt
Book Value	$4,047,295	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$10,607,175	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

Field	Value	IRS element (for citing)
Desc	DUE FROM AFFILIATES	Desc
Book Value	$2,787,875	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$2,787,875	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	DUE TO/FROM AFFILIATES	Desc
Amt	$1,061,385	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,061,385	TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	EFFECTIVE 1/1/17, HEALTHCARE OF IOWA AND ITS AFFILIATED ORGANIZATIONS, SUCH AS ASSISTED LIVING PARTNERS, TOOK OVER MANAGEMENT RESPONSIBILITIES FOR ALL LEVELS OF CARE.
FORM 990, PART VI, SECTION A, LINE 8B	THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11B	ALL BOARD MEMBERS REVIEW FORM 990 AND SHARE QUESTIONS, WHICH ARE ADDRESSES BY THE TAX PREPARER. IN ADDITION, THE FINAL FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS SUFFICIENTLY PRIOR TO FILING THE FORM SO THAT ANY FINAL COMMENTS COULD BE PROVIDED TO THE ORGANIZATION IN TIME TO PERMIT ANY NECESSARY REVISIONS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES ANNUAL EXECUTION OF A CERTIFICATION WITH RESPECT TO CONFLICTS AND ROUTINE DISCLOSURE IF THERE IS A CONFLICT IN CONNECTION WITH A MATTER THAT COMES BEFORE THE BOARD. THE BOARD MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY REQUIRING THE ANNUAL CERTIFICATION AND BY REMINDING BOARD MEMBERS OF THEIR OBLIGATIONS WITH RESPECT TO CONFLICT ON AN ON-GOING BASIS. IF A BOARD MEMBER HAS A CONFLICT OF INTEREST THEN THEY WILL NOT VOTE ON THE CONFLICTING ISSUE AT HAND.
FORM 990, PART VI, SECTION B, LINE 15A	THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE PRESIDENT/EXECUTIVE DIRECTOR'S COMPENSATION. DURING ITS MOST RECENT COMPENSATION REVIEW IN 2022, THE PRESIDENT/EXECUTIVE DIRECTOR WAS NOT PRESENT DURING THE DELIBERATIONS OR VOTE. THE BOARD CONSIDERED THE DUTIES AND RESPONSIBILITIES OF THE POSITION, THE INDIVIDUAL'S QUALIFICATIONS AND PERFORMANCE, AND COMPARABLE COMPENSATION DATA, INCLUDING INFORMATION OBTAINED FROM AN INDEPENDENT COMPENSATION CONSULTANT. BASED ON ITS REVIEW, THE BOARD DETERMINED THAT THE COMPENSATION WAS REASONABLE AND APPROPRIATE. THE BOARD'S DELIBERATIONS AND COMPENSATION DECISION WERE CONTEMPORANEOUSLY DOCUMENTED IN THE MEETING MINUTES.
FORM 990, PART VI, SECTION C, LINE 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11G	OTHER FEES: PROGRAM SERVICE EXPENSES 1,220,226. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,220,226.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt
TNH OPERATIONS LLC
3831 FENWAY CROSSING	MARIETTA	GA	30062	853751356	HEALTH CARE	GA	$6,365,561	$3,267,045	THE CAPSTONE GROUP INC
TNH PROPERTY LLC
3831 FENWAY CROSSING	MARIETTA	GA	30062	853769617	HEALTH CARE	GA	$35	$5,986,166	THE CAPSTONE GROUP INC
WH OPERATIONS LLC
3831 FENWAY CROSSING	MARIETTA	GA	30062	853787408	HEALTH CARE	GA	$5,010,286	$1,379,730	THE CAPSTONE GROUP INC
WH PROPERTY LLC
3831 FENWAY CROSSING	MARIETTA	GA	30062	853803488	HEALTH CARE	GA	$0	$1,246,681	THE CAPSTONE GROUP INC