2024-09-10T12:10:00-05:00 2024-04-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-05-01 834574036 Senior Living of Bedford SENI 6037147003 24 Old Bedford Road Bedford NH 03110 Paul Harrington Chair 6037147003 2024-09-06 1 1 Melissa Magoon CPA P01712842 2077752387 2024-09-06 2023 2024-08-08 14:25:15Z Bowman Place at Olde Bedford Paul Harrington 24 Old Bedford Road Bedford NH 03110 11760691 0 X www.bowmanplace.org X 2018 NH Senior living community 8 8 148 25 0 0 2275 27904 8538684 11639759 29753 93028 10923 0 8581635 11760691 0 0 0 0 3705248 4814547 0 0 0 6696242 7065067 10401490 11879614 -1819855 -118923 39189645 38531468 46505825 45904283 -7316180 -7372815 X The mission of Bowman Place at Olde Bedford is to establish, maintain and operate an assisted living and memory care facility that provides services in the care of elderly persons, and financial security to the residents of its facilities with a strong focus on exceptional care, staff education for best and most current care practices for aging seniors, a Signature Activities Program to promote overall well-being and socialization, and an immediate sense of community. 0 0 9124578 11639759 Bowman Place at Olde Bedford provides the highest quality services in the most cost efficient manner in order to meet the residential needs of seniors requiring assisted living and memory care. 9124578 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 34 0 1 148 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Sheryl White 6034378082 10 Ashley Dr Londonderry NH 03053 Paul Harrington Chair 4.00 X X 0 0 0 Chet Bowen Vice Chair 1.00 X X 0 0 0 Linda Jacobson Treasurer 1.00 X X 0 0 0 Paul DelGuidice Secretary 1.00 X X 0 0 0 Alan Yeaton Trustee 1.00 X 0 0 0 Marc Jobin Trustee 1.00 X 0 0 0 Robert McCarthy Trustee 1.00 X 0 0 0 Jennifer Lever Trustee 1.00 X 0 0 0 Alicia Nordin Executive Director 40.00 X 138260 0 0 138260 0 0 1 0 0 0 Glendale Senior Dining Inc 749 East Industrial Park Drive Manchester NH 03109 Food Service 1609448 1 27904 27904 Net Resident Service Revenue 623312 10892138 10892138 Professional Services 623312 426059 426059 Community Fee Revenue 623312 321562 321562 11639759 93028 93028 11760691 11639759 0 93028 138260 138260 4029609 3623949 405660 304935 265140 39795 341743 297144 44599 11812 1181 10631 96318 9632 86686 322068 32207 289861 231094 231094 40583 4058 36525 124667 12467 112200 608356 60836 547520 649 65 584 2160868 1878868 282000 1450060 1260823 189237 225541 22554 202987 Resident Care 1640388 1640388 Supplies 79836 7984 71852 Other Expenses 72827 7282 65545 11879614 9124578 2755036 0 X 1233952 510224 753438 1889555 16750 10557 25568 97801 38917598 4571539 35709464 34346059 59875 39635 1390598 1637637 39189645 38531468 1141386 1395218 364180 316707 41674723 41521876 2512223 1773751 813313 896731 46505825 45904283 X -7316180 -7372815 -7316180 -7372815 39189645 38531468 X -118923 62288 X 0 1 X 1 0 X 5000 2275 27904 35179 45501 3146948 8538684 11639759 23370892 50501 3146948 8540959 11667663 23406071 0 8508 1128285 314636 1451429 8508 1128285 314636 1451429 21954642 237191 2397 600 29753 93028 362969 237191 2397 600 29753 93028 362969 673988 10923 684911 237191 52898 3821536 8581635 11760691 24453951 0.89780 0.01480 X Schedule A, Part III, Line 12, Explanation of Other Income: Gain on Refinancing - 2021 Amount: $ 673,988. Insurance Proceeds - 2022 Amount: $ 10,923. 4132254 4132254 29667308 3690531 25976777 20500 1252 19248 1523519 535683 987836 3574017 344073 3229944 34346059 Resident Deposits 857096 Lease liabilities - operating 39635 896731 11822979 62288 62288 11760691 0 11760691 11879614 0 11879614 0 11879614 Part XI, Line 2d - Other Adjustments: Extinguishment of Debt 62,288. A New Hampshire Health and Education Facilities Authority 020279866 64461XGU3 2021-08-30 42295000 Refinance 2019 Bond 0 0 0 A 175000 42295000 1000000 664583 40630417 2021 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 0 Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to the Board of Directors prior the Form 990 being filed. Form 990, Part VI, Section B, line 12c The Board of Trustees and facility directors are responsible to sign acknowledgement of conflict of interest policy and disclose if they are aware of any conflicts on annual basis. Form 990, Part VI, Section B, line 15 The Board of Directors will use compensation data from similar organizations to determine compensation of the organization's officers. Compensation of officers will be reviewed and approved by the Board of Directors on an annual basis. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: Senior Living of Bedford 24 Old Beford Road Bedford, NH 03110 EIN: 83-4574036 Section 1.263(a)-3(n) Election: Senior Living of Beford is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Gain on Extinguishment of Debt 62,288.