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SPRINGHOUSE INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SPRINGHOUSE INC (EIN 04-3152499)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-15
IRS object ID
202323199349310897
Schema version
2022v5.0
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)
Return2023-11-15T11:56:21-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221478099PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1COHNREZNICK LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 EAST PRATT STREET 4TH FLOORAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21202ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN043152499EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SPRINGHOUSE INCBusinessNameLine1Txt
Business Name Line2C/O ROGERSON COMMUNITIESBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSPRIBusinessNameControlTxt
Phone6174695800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE FLORENCE STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKENNETH BROOKSPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6174695800PhoneNum
Signature2023-11-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstKENNETHPersonFirstNm
Person LastBROOKSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPHILIP H CORNBLATT CPAPreparerPersonNm
PTINP00252478PTIN
Phone4107834900PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerKENNETH BROOKSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE FLORENCE STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,321,904GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SPRINGHOUSEINFO.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING UNITS, AND 22 DEMENTIA ASSISTED LIVING UNITS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers15TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$487,575PYContributionsGrantsAmt
CY Contributions Grants$1,000CYContributionsGrantsAmt
PY Program Service Revenue$8,277,510PYProgramServiceRevenueAmt
CY Program Service Revenue$8,100,380CYProgramServiceRevenueAmt
PY Investment Income$727,061PYInvestmentIncomeAmt
CY Investment Income$2,591,850CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,492,146PYTotalRevenueAmt
CY Total Revenue$10,693,230CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,486,719PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,757,290CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,984,159PYOtherExpensesAmt
CY Other Expenses$4,141,133CYOtherExpensesAmt
PY Total Expenses$7,470,878PYTotalExpensesAmt
CY Total Expenses$7,898,423CYTotalExpensesAmt
PY Revenues Less Expenses$2,021,268PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,794,807CYRevenuesLessExpensesAmt
Total Assets BOY$37,736,932TotalAssetsBOYAmt
Total Assets EOY$35,790,682TotalAssetsEOYAmt
Total Liabilities BOY$22,696,635TotalLiabilitiesBOYAmt
Total Liabilities EOY$21,152,290TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$15,040,297NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$14,638,392NetAssetsOrFundBalancesEOYAmt
MissionTO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,718,340ExpenseAmt
Revenue$8,100,380RevenueAmt
DescPROVIDING SERVICES TO RESIDENTS INCLUDING ASSISTED LIVING, INDEPENDENT LIVING, CLINICAL SERVICES, MEALS, SOCIAL & CULTURAL ACTIVITIES, HOUSEKEEPING, AND OTHER SERVICES, ALL OF WHICH FURTHER THEIR EXEMPT PURPOSE. LOCATED IN BOSTON, MA THE ORGANIZATION HAS 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS.Desc
Total Program Service Expenses$7,718,340TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATALYA LESHCHINERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6173632300PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE FLORENCE STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02131ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
GEORGIA BUCK
DIRECTOR2.00Yes (X)$0$0$0
JULIE TABERMAN
CLERK2.00Yes (X)$0$0$0Yes (X)
KENNETH BROOKS
PRESIDENT2.00Yes (X)$0$0$0Yes (X)
MINDY SPITZ
TREASURER/VICE PRESIDENT2.00Yes (X)$0$0$0Yes (X)
THELMA HILTON PIERCE
DIRECTOR2.00Yes (X)$0$0$0
YAN LIN
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HEALTHCARE SERVICES GROUP
3220 TILLMAN DRIVE SUITE 300BENSALEMPA19020HEALTHCARE$1,621,986
ROGERSON COMMUNITIES
ONE FLORENCE STREETROSLINDATEMA02131MANAGEMENT FEES$398,770
MULKERN MECHANICAL
79 WEST STMANSFIELDMA02048MAINTENANCE$247,428
UNIVERSAL PROTECTIVE SERVICES
580 HARRISON AVEBOSTONMA02118SECURITY$112,102
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
All Other Contributions$1,000AllOtherContributionsAmt
Total Contributions$1,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME623311$7,688,240$7,688,240
RESIDENT SERVICES623311$188,508$188,508
AMORTIZATION OF NON-REFUNDABLE EN623311$166,965$166,965
COMMUNITY FEES623311$56,667$56,667
FieldValueIRS element (for citing)
Total Program Service Revenue$8,100,380TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$369,655TotalRevenueColumnAmt
Exclusion$369,655ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,850,869SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,628,674SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$2,222,195SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,222,195TotalRevenueColumnAmt
Exclusion$2,222,195ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,693,230TotalRevenueColumnAmt
Related Or Exempt Func Income$8,100,380RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,591,850ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,233,582TotalAmt
Program Services$3,159,856ProgramServicesAmt
Management And General$73,726ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$322,482TotalAmt
Program Services$315,129ProgramServicesAmt
Management And General$7,353ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$201,226TotalAmt
Program Services$196,638ProgramServicesAmt
Management And General$4,588ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$368,993TotalAmt
Program Services$360,581ProgramServicesAmt
Management And General$8,412ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$7,798TotalAmt
Program Services$7,620ProgramServicesAmt
Management And General$178ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$30,055TotalAmt
Program Services$29,368ProgramServicesAmt
Management And General$687ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,750TotalAmt
Program Services$8,551ProgramServicesAmt
Management And General$199ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$107,828TotalAmt
Program Services$105,370ProgramServicesAmt
Management And General$2,458ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$265,966TotalAmt
Program Services$259,902ProgramServicesAmt
Management And General$6,064ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$383,552TotalAmt
Program Services$374,808ProgramServicesAmt
Management And General$8,744ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,509TotalAmt
Program Services$4,406ProgramServicesAmt
Management And General$103ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$345,642TotalAmt
Program Services$337,760ProgramServicesAmt
Management And General$7,882ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$888,667TotalAmt
Program Services$868,405ProgramServicesAmt
Management And General$20,262ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$133,886TotalAmt
Program Services$130,833ProgramServicesAmt
Management And General$3,053ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
RENTAL EXPENSES$683,217$667,640$15,577
REPAIR AND MAINTENANCE$599,117$585,459$13,658
REAL ESTATE TAXES$164,645$160,891$3,754
SECURITY EXPENSES$130,444$127,470$2,974

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$18,064TotalAmt
Program Services$17,653ProgramServicesAmt
Management And General$411ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,898,423TotalAmt
Program Services$7,718,340ProgramServicesAmt
Management And General$180,083ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,317,461BOYAmt
EOY$2,263,781EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,052,777BOYAmt
EOY$2,057,562EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$65,861BOYAmt
EOY$99,785EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$25,846BOYAmt
EOY$37,643EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$26,720,076LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$16,180,993LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,922,299BOYAmt
EOY$10,539,083EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$17,045,003BOYAmt
EOY$15,812,125EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$39,067BOYAmt
EOY$28,433EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,268,618BOYAmt
EOY$4,952,270EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,736,932BOYAmt
EOY$35,790,682EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,918BOYAmt
EOY$43,912EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$531,904BOYAmt
EOY$471,034EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$8,508,180BOYAmt
EOY$7,684,847EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$13,643,633BOYAmt
EOY$12,952,497EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,696,635BOYAmt
EOY$21,152,290EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,881,997BOYAmt
EOY$14,479,092EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$158,300BOYAmt
EOY$159,300EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,040,297BOYAmt
EOY$14,638,392EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$37,736,932BOYAmt
EOY$35,790,682EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,794,807ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,196,712NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$156,625CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$487,575CurrentTaxYearMinus1YearAmt
Current Tax Year$1,000CurrentTaxYearAmt
Total$645,200TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,222,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,480,323CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,126,319CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,277,510CurrentTaxYearMinus1YearAmt
Current Tax Year$8,100,380CurrentTaxYearAmt
Total$41,206,601TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,222,069CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,480,323CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,282,944CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,765,085CurrentTaxYearMinus1YearAmt
Current Tax Year$8,101,380CurrentTaxYearAmt
Total$41,851,801TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$41,851,801PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$335,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$438,969CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$348,977CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$320,953CurrentTaxYearMinus1YearAmt
Current Tax Year$369,655CurrentTaxYearAmt
Total$1,814,356TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$335,802CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$438,969CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$348,977CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$320,953CurrentTaxYearMinus1YearAmt
Current Tax Year$369,655CurrentTaxYearAmt
Total$1,814,356TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,557,871CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,919,292CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,631,921CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$9,086,038CurrentTaxYearMinus1YearAmt
Current Tax Year$8,471,035CurrentTaxYearAmt
Total$43,666,157TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.95840PublicSupportCY509Pct
Public Support PY5090.95850PublicSupportPY509Pct
Investment Income CY0.04160InvestmentIncomeCYPct
Investment Income PY0.04150InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,636,240OtherCostOrOtherBasisAmt
Book Value$1,636,240BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,092,641OtherCostOrOtherBasisAmt
Depreciation$13,509,705DepreciationAmt
Book Value$8,582,936BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$128,118OtherCostOrOtherBasisAmt
Depreciation$128,118DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,108,089OtherCostOrOtherBasisAmt
Depreciation$1,000,612DepreciationAmt
Book Value$107,477BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,754,988OtherCostOrOtherBasisAmt
Depreciation$1,542,558DepreciationAmt
Book Value$212,430BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,539,083TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
RESIDENT DEPOSITS$4,289,932
INSURANCE CLAIMS$230,375
INTEREST SWAP$431,963
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,952,270TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
ACCRUED EXPENSES$214,622
ACCRUED INTEREST PAYABLE$26,872
REFUND. RESIDENT ENTRANCE FEES$12,628,410
RESIDENT DEPOSITS$82,593
FieldValueIRS element (for citing)
Total Liability$12,952,497TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,496,518TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,196,712NetUnrealizedGainsInvstAmt
Revenue Not Reported-$3,196,712RevenueNotReportedAmt
Revenue Subtotal$10,693,230RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$10,693,230TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,898,423TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$7,898,423ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,898,423TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). AS SUCH, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC AND NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS AND NO OTHER TAX POSITIONS MUST BE CONSIDERED FOR DISCLOSURE. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2019 REMAIN OPEN.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3DAY TO DAY OPERATIONS ARE MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION'S SOLE MEMBER IS THE MOUNT PLEASANT HOME, A MASSACHUSETTS NONPROFIT CORPORATION.
FORM 990, PART VI, SECTION A, LINE 7ATHE MOUNT PLEASANT HOME MAY APPOINT OR TERMINATE MEMBERS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 7BTHE MEMBER SHALL HAVE ALL THE AUTHORITY OF MEMBERS PROVIDED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180, INCLUDING THE FOLLOWING RESERVED POWERS: I. APPROVAL OF ANY MERGER, CONSOLIDATION, RESTRUCTURING, DISSOLUTION OR LIQUIDATION OF THE CORPORATION, OR SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS; II. APPROVAL OF ANY AMENDMENT TO THE ARTICLES OF ORGANIZATION OR BY-LAWS OF THE CORPORATION III. APPROVAL OF ANY CHANGE IN THE PHILOSOPHY, MISSION AND VALUES OF THE CORPORATION, INCLUDING, WITHOUT LIMITATION, APPROVAL OF ANY STRATEGIC PLAN OR INITIATIVE PROPOSED BY ITS GOVERNING BOARD; IV. APPROVAL OF ANY AUDITOR AND ANNUAL AUDITED FINANCIAL STATEMENTS OF THE CORPORATION; V. APPROVAL OF ANY CHANGE IN ACCOUNTING PERIOD OF THE CORPORATION; VI. APPROVAL OF ANY BORROWING OR SIGNIFICANT CHANGES IN CREDIT FACILITIES IN EXCESS OF TEN PERCENT (10%) OF PROGRAM SERVICES REVENUE FOR THE MOST RECENTLY COMPLETED FISCAL YEAR; VII. APPROVAL OF THE CREATION OF A CONTROLLING INTEREST IN ANY SUBSIDIARY JOINT VENTURE BY OR FOR THE BENEFIT OF THE CORPORATION; AND VIII. APPROVAL OF TRANSACTIONS THAT INVOLVE A CONFLICT OF INTEREST
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS SUBMITTED TO THE TREASURER FOR REVIEW BEFORE ISSUANCE. THE 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY THE BOARD IS REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15BTHE MANAGEMENT COMPANY ADVISES THE BOARD OF DIRECTORS CONCERNING PROPOSED COMPENSATION AND COMPARABILITY DATA WITH OTHER SIMILAR TOP MANAGEMENT POSITIONS IN THE MANAGEMENT COMPANY'S PORTFOLIO. THE BOARD DOCUMENTS THE DECISION CONTEMPORANEOUSLY.
FORM 990, PART VI, SECTION C, LINE 19THE FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION.
FORM 990 PART XII, LINE 2CRESPONSIBILITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE ANNUAL AUDIT IS RESERVED BY THE BOARD OF TRUSTEES.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
PLEASANT SPRING COMMUNITIES
ONE FLORENCE STREETBOSTONMA02131043279977FUNDRAISEMA501(C)(3)12 TYPE IIN/A0
MOUNT PLEASANT HOME
301 SOUTH HUNTINGTON AVEJAMAICA PLAINMA02130042103822ELDERLY CAREMA501(C)(3)LINE 10N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PLEASANT SPRING COMMUNITIES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeMTransactionTypeTxt
Involved$80,551InvolvedAmt
Method Of Amount DeterminationCOSTMethodOfAmountDeterminationTxt