2023-08-14T14:10:02-05:00 2022-09-30 SMITH & HOWARD ADVISORY LLC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2021-10-01 581491527 KINGS BRIDGE RETIREMENT CENTER INC % KEVIN SHAW KING 4043210263 3055 BRIARCLIFF RD Atlanta GA 303292601 kevin shaw EXECUTIVE DIRECTOR 4044839671 2023-08-15 true kevin shaw 999009999 SABRE J LINAHAN P01372980 4048746244 2023-08-15 3 2021 2023-04-26 12:10:37Z kevin shaw 3055 BRIARCLIFF RD Atlanta GA 303292601 8184170 false X WWW.KINGSBRIDGE.ORG X 1981 GA Our mission is to provide high-quality housing with a community environment and homelike atmosphere for senior adults. 11 11 132 11 0 0 370142 348333 7112233 7811371 1652 2215 64606 6083 7548633 8168002 0 0 0 0 3258313 3531157 0 0 0 5080251 5408484 8338564 8939641 -789931 -771639 16501315 19968434 7859275 11041080 8642040 8927354 X OUR MISSION IS TO PROVIDE HIGH-QUALITY HOUSING WITH A COMMUNITY ENVIRONMENT AND HOMELIKE ATMOSPHERE FOR SENIOR ADULTS. KING'S BRIDGE IS DEDICATED TO ENSURING THAT RESIDENTS ARE AFFORDED THE BEST IN ENVIRONMENT, OPPORTUNITIES, AND CARE THROUGH THE SERVICES, PROGRAMS, AND PLANNED ACTIVITIES IT OFFERS. false false 8113592 7778956 INDEPENDENT AND ASSISTED LIVING COMMUNITY PROVIDES RETIREMENT HOUSING AND INDEPENDENT LIVING SUPPORT TO APPROXIMATELY 129 RESIDENTS AND ASSISTED LIVING SUPPORT TO 51 RESIDENTS. MEMORY CARE UNIT PROVIDES ADDITIONAL RESIDENT SPECIFIC ACTIVITIES TO 12 DIFFERENT RESIDENTS AS PART OF ITS ASSISTED LIVING UNIT. 8113592 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false true true false false false false false true false false false false false false false false false false true 25 0 true 132 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true true false GA X KEVIN SHAW 4049829185 3055 BRIARCLIFF RD NE ATLANTA GA 303292601 X Kevin Shaw EXECUTIVE DIRECTOR 50.0 0.0 X 212268 0 28421 Brandy Robinson Director of Marketing 40.0 0.0 X 107689 0 7439 Randy Black Business Manager 40.0 0.0 X 78058 0 22597 Mary Geurin SECRETARY-TREASURER 1.0 0.0 X 0 0 0 Ray Perez BOARD MEMBER 1.0 0.0 X 0 0 0 Jack English Board Member 1.0 0.0 X 0 0 0 Anthony Ferrara Board Member 1.0 0.0 X 0 0 0 Danny Spinks Board Member 1.0 0.0 X 0 0 0 Karen Lucas Board Member 1.0 0.0 X 0 0 0 Betsy Smith Board Member 1.0 0.0 X 0 0 0 David Sullivan vice-chair 1.0 0.0 X 0 0 0 JoAnn Williams Board Member 1.0 0.0 X 0 0 0 Weyman Perry VICE CHAIR 1.0 0.0 X 0 0 0 Fred Runner Board Member 1.0 0.0 X 0 0 0 398015 0 58457 2 false true false ICS GENERAL CONTRACTOR 5605 Glenridge Dr STE 345 ATLANTA GA 30342 CONSTRUCTION 1546418 MORRISON LIVING 400 NORTHRIDGE RD ATLANTA GA 30350 FOOD SERVICES 1816358 2 339955 8378 348333 RESIDENCE RENTALS 721310 4367285 4367285 OTHER INCOME 900099 78449 78449 MEALS 722410 32415 32415 ASSISTED LIVING 623000 2458877 2458877 MEMORY CARE 623000 874345 874345 7811371 2215 2215 0 0 8760 8760 0 8760 8760 0 0 0 0 0 0 0 13491 16168 -2677 -2677 0 8168002 7778956 40713 X 0 0 0 0 338717 294933 43784 0 2745967 2391009 354958 43908 39404 4504 175537 156796 18741 227028 201853 25175 0 0 30451 30451 0 0 0 1903722 1903722 193256 193256 193089 173510 19579 0 0 848828 763945 84883 0 0 2773 2773 318454 286609 31845 0 1375377 1198458 176919 270312 237875 32437 RESIDENT SERVICES 272222 272222 8939641 8113592 826049 0 X 268417 2259367 496428 828875 0 0 12804 25673 0 0 0 0 0 0 0 0 14732 40315 37236335 20505633 15606234 16730702 0 0 0 0 0 0 0 0 102700 83502 16501315 19968434 293800 335347 0 0 0 0 0 9950363 0 0 0 0 7456069 665745 0 0 109406 89625 7859275 11041080 X 8642040 8927354 0 0 8642040 8927354 16501315 19968434 X -771639 1056953 X false true X true false X 0 0 407467 370142 339955 1117564 6733590 6576242 6472886 7125796 7833240 34741754 0 0 0 6733590 6576242 6880353 7495938 8173195 35859318 0 12695 18682 4925 15331 51633 12695 18682 4925 15331 51633 35807685 64419 107679 74574 67096 10975 324743 0 64419 107679 74574 67096 10975 324743 0 0 6798009 6683921 6954927 7563034 8184170 36184061 0.98960 0.98817 0.00898 0.01066 X SCHEDULE A, PART III, LINE 1 During 2021, the Center received federal grants, Provider Relief Funds ("PRF") Phases II and III, from the Department of Health and Human Services in the amounts $128,856 and $192,256, respectively. During 2022, the Center received PRF Phase IV funds, from the Department of Health and Human Services in the amount of $339,955. The PRF is conditioned upon certain performance requirements and the incurrence of allowable qualifying expenses. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 588967 588967 30437137 19343157 11093980 313023 218417 94606 5897207 944058 4953149 16730702 0 SECURITY DEPOSIT PAYABLE 83300 OTHER LIABILITIES 6325 89625 X 9241123 1073121 1073121 8168002 8168002 8955809 16168 16168 8939641 8939641 ASC 740 FOOTNOTE The Center has been recognized as an organization exempt from federal income taxes under internal revenue code (the "Code") Section 501(a) as an organization described in section 501(c)(3) whereby only unrelated business income, as defined by section 512(a) of the code, is subject to Federal income tax. Accordingly, no provision for income taxes is required. The center annually evaluates all federal and state income tax positions. this process includes an analysis of whether these income tax positions the center takes meet the definition of an uncertain tax position under the income taxes topic of the financial accounting standards codification. in the normal course of business, the center is subject to examination by the federal and state taxing authorities. in general, the center is no longer subject to tax examinations for the years ending before September 30, 2019. Part XI, Line 2D Amounts Included on line 1 but not on Form 990, Part VIII, Line 12: Cost of Goods Sold....16,168 Interest Rate Swap....1,056,953 -------------------------------- 1,073,121 TOTAL AMOUNTS NOT INCLUDED ON PART VIII PART XII, LINE 2D Amounts Included on Line 1, but not on Form 990, Part IX, Line 25: Cost of Goods Sold....16,168 X X X false false false false false false false true false Kevin Shaw EXECUTIVE DIRECTOR 209268 3000 8868 19628 240764 PART 1, LINE 7: BONUSES ARE AWARDED TO EMPLOYEES BASED ON PERFORMANCE. A DEVELOPMENT AUTHORITY OF DEKALB COUNTY 581500666 2022-03-01 9950363 RE-FINANCE MORTGAGE false false false A 0 0 9950363 0 0 0 179107 0 1200000 0 8571235 0 true false false true A false false false 0.00000 0.00000 0.00000 false false false true A true true true TRUIST 25. false false false 0 false false A true DIANA SHAW MARRIED TO EXECUTIVE DIRECTOR 12915 CONTRACTOR PAYMENT - Design false Part VI, Line 11A THE AUDIT COMMITTEE REVIEWS THE FORM 990 AND MAKES RECOMMENDATIONS TO THE BOARD THAT IT BE FILED. ALL VOTING MEMBERS OF THE BOARD RECEIVE A COPY OF THE FORM 990. Part VI, Line 12C ON AN ANNUAL BASIS, THE TRUSTEES ARE ASKED TO SIGN THAT THEY ARE NOT IN VIOLATION OF THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE ASKED TO DO THE SAME. Part VI, Line 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET AND ADJUSTED BY THE BOARD OF TRUSTEES. OTHER EMPLOYEES' COMPENSATION IS SET BY THE EXECUTIVE DIRECTOR, AND MERIT INCREASES ARE DETERMINED BY HIM WITH THE APPROVAL OF THE BOARD OF TRUSTEES. Part VI, Line 19 ALL GOVERNING POLICIES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. Part IX, Line 11G OTHER FEES FOR SERVICES ARE COMPRISED OF THE FOLLOWING: CHAPLAIN $37,410 OUTSIDE CONSULTING $12,552 FOOD SERVICE $1,817,118 MAINTENANCE SERVICES $36,642 ============================================= TOTAL $1,903,722 PART XI, LINE 9 $1,056,953 - CHANGE IN INTEREST RATE SWAP FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES TOTAL FEES:1903722