RAYMORE SENIOR CARE LLC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RAYMORE SENIOR CARE LLC (EIN 86-3022330)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-12-04
- IRS object ID
- 202313389349300511
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-12-04T07:29:08-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 593070669 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MSL PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 S ORANGE AVENUE SUITE 600 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 863022330 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RAYMORE SENIOR CARE LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RAYM | BusinessNameControlTxt |
| Phone | 4042761337 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4062 PEACHTREE ROAD NE A501 | AddressLine1Txt |
| City | BROOKHAVEN | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30319 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAURICE M ROSENBAUM | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 4042761337 | PhoneNum |
| Signature | 2023-12-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MAURICE | PersonFirstNm |
| Person Last | ROSENBAUM | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HARRY E HARP CPA | PreparerPersonNm |
| PTIN | P00176471 | PTIN |
| Phone | 4077405400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOXWOOD SPRINGS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MAURICE M ROSENBAUM | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4062 PEACHTREE ROAD NE A501 | AddressLine1Txt |
| City | BROOKHAVEN | CityNm |
| State Abbreviation | GA | StateAbbreviationCd |
| ZIP | 30319 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $22,580,377 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FOXWOODSENIORLIVING.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2021 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O.OPERATING FOXWOOD SPRINGS SENIOR LIVING COMMUNITY LOCATED AT 1500 W. FOXWOOD DRIVE, RAYMORE, MISSOURI 64083 IN THE KANSAS CITY, MISSOURI METROPOLITAN AREA (THE COMMUNITY) WHICH PROVIDES PERSONS 55 AND OLDER WITH A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE. THE COMMUNITY HAS 127 APARTMENTS, 77 EQUITY HOMES, AND 169 GARDEN HOMES, ALL OF WHICH ARE DESIGNED SPECIFICALLY FOR OLDER ADULTS, A SKILLED NURSING FACILITY WITH 108 LICENSED SKILLED BEDS (58 FOR LONG-TERM CARE, 30 FOR ALZHEIMER'S AND 20 DEDICATED TO SHORT-TERM REHAB STAYS), AND A 42 BED ASSISTED LIVING FACILITY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 0 | VotingMembersIndependentCnt |
| Total Employee | 426 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $11,831,569 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $19,770,478 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,689 | PYInvestmentIncomeAmt |
| CY Investment Income | $999 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $2,808,900 | CYOtherRevenueAmt |
| PY Total Revenue | $11,833,258 | PYTotalRevenueAmt |
| CY Total Revenue | $22,580,377 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $7,713,519 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,803,742 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,717,515 | PYOtherExpensesAmt |
| CY Other Expenses | $13,145,824 | CYOtherExpensesAmt |
| PY Total Expenses | $15,431,034 | PYTotalExpensesAmt |
| CY Total Expenses | $24,949,566 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,597,776 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,369,189 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,427,721 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,676,315 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $32,139,951 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $37,507,734 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$26,712,230 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$28,831,419 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O.RAYMORE SENIOR CARE, LLC (DBA FOXWOOD SPRINGS) OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE FACILITIES. FOXWOOD SPRINGS PROVIDES ACTIVITIES AND PROGRAMS THAT PROMOTE THE PHYSICAL HEALTH, EMOTIONAL HEALTH, BEHAVIORAL HEALTH, WELLNESS, AND SOCIAL WELL-BEING OF THE INDIVIDUALS, FAMILIES, COMMUNITIES, AND POPULATIONS SERVED. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $21,456,040 | ExpenseAmt |
| Revenue | $19,770,478 | RevenueAmt |
| Desc | FOXWOOD SPRINGS IS A CONTINUING CARE RETIREMENT COMMUNITY CONSISTING OF 127 INDEPENDENT LIVING APARTMENT UNITS, 169 INDEPENDENT LIVING GARDEN HOMES, 108 LICENSED ASSISTED LIVING AND MEMORY CARE BEDS, A 42-BED LICENSED SKILLED NURSING FACILITY. THERE ARE ADDITIONAL 77 GARDEN HOMES ON THE CAMPUS OWNED OUTRIGHT BY THE RESIDENTS. THE GARDEN HOME RESIDENT HOMEOWNERS PAY MONTHLY FEES FOR LIMITED SERVICES AND HAVE ELIGIBILITY FOR PREFERENTIAL ADMITTANCE TO THE SKILLED NURSING FACILITY. CONTINUED ON SCHEDULE O.UNDER THE CONTINUING CARE CONCEPT, RESIDENTS ENTER INTO AN OCCUPANCY AGREEMENT, WHICH REQUIRES PAYMENT OF A ONE-TIME ENTRANCE FEE AND A MONTHLY SERVICE FEE. THESE PAYMENTS ENTITLE RESIDENTS TO THE USE AND PRIVILEGES OF THE COMMUNITY FOR LIFE, INCLUDING CERTAIN DISCOUNTED PRICING FOR ASSISTED LIVING OR SKILLED NURSING SERVICES. THE OCCUPANCY AGREEMENT DOES NOT ENTITLE THE RESIDENTS TO AN INTEREST IN THE REAL ESTATE OR ANY PROPERTY OF THE RETIREMENT COMMUNITY. | Desc |
| Total Program Service Expenses | $21,456,040 | 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 | Yes (1) | 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 | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | 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 | 49 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 426 | 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 |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| 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 | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | 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 | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OAKDALE SENIORS ALLIANCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4238837920 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 118 LEE PARKWAY DRIVE SUITE 160 | AddressLine1Txt |
| City | CHATTANOOGA | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37421 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| THOMAS WILLIAM BAKER | ||||||||
| CEO/CHAIR | 4.00 | 36.00 | Yes (X) | Yes (X) | $0 | $36,000 | $0 | |
| MAURICE M ROSENBAUM | ||||||||
| DIRECTOR | 2.00 | 13.00 | Yes (X) | $0 | $24,000 | $0 | ||
| FRANK E CORRIGAN JR | ||||||||
| DIRECTOR | 1.00 | 2.00 | Yes (X) | $0 | $12,000 | $0 | ||
| BRIANNE FOSTER | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $125,000 | $0 | $0 | |||
| JOYCE LEFFERT | ||||||||
| HEALTH CENTER ADMINISTRATOR | 40.00 | $110,356 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $235,356 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $72,000 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MCKESSON MEDICAL SURGICAL INC | |||||
| PO BOX 204786 | DALLAS | TX | 75320 | MEDICAL SUPPLIES | $144,757 |
| SIGNATURE LANDSCAPE LLC | |||||
| PO BOX 200324 | DALLAS | TX | 75320 | LANDSCAPING, SNOW REMOVAL SERVICES | $129,612 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| HEALTH CENTER | 623000 | $8,671,772 | $8,671,772 |
| INDEPENDENT LIVING | 623000 | $7,259,512 | $7,259,512 |
| ASSISTED LIVING | 623000 | $1,653,919 | $1,653,919 |
| EARNED ENTRANCE FEES | 623000 | $1,436,892 | $1,436,892 |
| OTHER PROGRAM SERVICE REVENUE | 623000 | $748,383 | $748,383 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $19,770,478 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $999 | TotalRevenueColumnAmt |
| Exclusion | $999 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| PPP LOAN FORGIVENESS | 623000 | $1,975,000 | $1,975,000 |
| PROVIDER RELIEF FUNDS | 623000 | $833,900 | $833,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,808,900 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $22,580,377 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19,770,478 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,809,899 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $125,000 | TotalAmt |
| Management And General | $125,000 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,145,956 | TotalAmt |
| Program Services | $8,343,861 | ProgramServicesAmt |
| Management And General | $802,095 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,451 | TotalAmt |
| Program Services | $36,406 | ProgramServicesAmt |
| Management And General | $4,045 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,721,199 | TotalAmt |
| Program Services | $1,549,079 | ProgramServicesAmt |
| Management And General | $172,120 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $771,136 | TotalAmt |
| Program Services | $694,022 | ProgramServicesAmt |
| Management And General | $77,114 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,326,207 | TotalAmt |
| Management And General | $1,326,207 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $455 | TotalAmt |
| Program Services | $455 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,169 | TotalAmt |
| Program Services | $41,169 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,292,251 | TotalAmt |
| Program Services | $2,253,882 | ProgramServicesAmt |
| Management And General | $38,369 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,570 | TotalAmt |
| Program Services | $69,813 | ProgramServicesAmt |
| Management And General | $7,757 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,227 | TotalAmt |
| Program Services | $45,202 | ProgramServicesAmt |
| Management And General | $5,025 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,376 | TotalAmt |
| Program Services | $209,138 | ProgramServicesAmt |
| Management And General | $23,238 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,700,930 | TotalAmt |
| Program Services | $5,130,836 | ProgramServicesAmt |
| Management And General | $570,094 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,243 | TotalAmt |
| Program Services | $47,019 | ProgramServicesAmt |
| Management And General | $5,224 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,933 | TotalAmt |
| Program Services | $188,040 | ProgramServicesAmt |
| Management And General | $20,893 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,384 | TotalAmt |
| Program Services | $121,846 | ProgramServicesAmt |
| Management And General | $13,538 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $650,764 | TotalAmt |
| Program Services | $585,688 | ProgramServicesAmt |
| Management And General | $65,076 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD EXPENSES | $1,096,003 | $986,403 | $109,600 |
| MEDICAL SERVICES AND SU | $718,098 | $646,288 | $71,810 |
| SUPPLIES | $470,734 | $423,661 | $47,073 |
| EMPLOYEE EXPENSES | $44,876 | $40,388 | $4,488 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,604 | TotalAmt |
| Program Services | $42,844 | ProgramServicesAmt |
| Management And General | $4,760 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,949,566 | TotalAmt |
| Program Services | $21,456,040 | ProgramServicesAmt |
| Management And General | $3,493,526 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $52,976 | BOYAmt |
| EOY | $221,341 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,853,810 | BOYAmt |
| EOY | $1,853,810 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $555,573 | BOYAmt |
| EOY | $594,916 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,466 | BOYAmt |
| EOY | $33,374 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $383,893 | BOYAmt |
| EOY | $272,770 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $961,114 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $135,384 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,770,111 | BOYAmt |
| EOY | $825,730 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $780,892 | BOYAmt |
| EOY | $4,874,374 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,427,721 | BOYAmt |
| EOY | $8,676,315 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,624,999 | BOYAmt |
| EOY | $1,866,655 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,874,481 | BOYAmt |
| EOY | $9,040,746 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,622 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,362,708 | BOYAmt |
| EOY | $3,500,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,895,000 | BOYAmt |
| EOY | $3,571,766 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,382,763 | BOYAmt |
| EOY | $19,525,945 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,139,951 | BOYAmt |
| EOY | $37,507,734 | 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 | -$26,712,230 | BOYAmt |
| EOY | -$28,831,419 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$26,712,230 | BOYAmt |
| EOY | -$28,831,419 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,427,721 | BOYAmt |
| EOY | $8,676,315 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,369,189 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $250,000 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $11,832,569 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,770,478 | CurrentTaxYearAmt |
| Total | $31,603,047 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $2,808,900 | CurrentTaxYearAmt |
| Total | $2,808,900 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $11,832,569 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,579,378 | CurrentTaxYearAmt |
| Total | $34,411,947 | 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 | $34,411,947 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,689 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $999 | CurrentTaxYearAmt |
| Total | $2,688 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $1,689 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $999 | CurrentTaxYearAmt |
| Total | $2,688 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $11,834,258 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,580,377 | CurrentTaxYearAmt |
| Total | $34,414,635 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| First5 Years509 | Yes (X) | First5Years509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $850,475 | OtherCostOrOtherBasisAmt |
| Depreciation | $113,077 | DepreciationAmt |
| Book Value | $737,398 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $110,639 | OtherCostOrOtherBasisAmt |
| Depreciation | $22,307 | DepreciationAmt |
| Book Value | $88,332 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $825,730 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ENTRANCE FEE RECEIVABLE | $5,844 |
| DEPOSITS | $525,500 |
| ROU OPERATING LEASE | $4,339,655 |
| DUE FROM AFFILIATE | $3,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $4,874,374 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATE | $195,458 |
| REFUNDABLE ENTRANCE FEES | $14,990,832 |
| ROU LEASE OBLIGATION | $4,339,655 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $19,525,945 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $22,830,377 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $250,000 | OtherRevenueAmt |
| Revenue Not Reported | $250,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,580,377 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $22,580,377 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $24,949,566 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $24,949,566 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $24,949,566 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE ORGANIZATION IS A TRUSTEE FOR RESIDENT FUNDS WHICH ARE EXPENDED ON BEHALF OF RESIDENTS. THE AMOUNT OF RESIDENT FUNDS HELD AT DECEMBER 31, 2022 HAS BEEN REPORTED ON PART X, LINE 21. |
| PART X, LINE 2: | RAYMORE SENIOR CARE, LLC, IS ORGANIZED AS A SINGLE MEMBER IN WHICH BONCREST RESOURCE GROUP, INC, AN ENTITY THAT IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS THE SOLE MEMBER AND IS CONSIDERED A "DISREGARDED ENTITY" UNDER THE INTERNAL REVENUE CODE. THE ORGANIZATION SEPARATELY RECEIVED A SECTION 501(C)(3) TAX EXEMPT DETERMINATION LETTER ON FEBRUARY 3, 2023. THE ACTIVITY OF FOXWOOD SPRINGS IS REPORTED ON A CONSOLIDATED BASIS BY THE PARENT WHICH HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME EARNED IN FURTHERANCE OF FOXWOOD SPRINGS'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS A RESULT, THESE FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ADJUSTMENT FOR ASSUMED LIABILITIES 250,000. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE MANAGER HAS THE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS BETWEEN REGULAR MEETING OF THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 3 | THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH AN INDEPENDENT MANAGEMENT COMPANY. TOTAL MANAGEMENT FEES WERE APPROXIMATELY $1,326,000 AND $724,000 FOR THE YEAR ENDED DECEMBER 31, 2022, AND THE PERIOD MAY 17, 2021 THROUGH DECEMBER 31, 2021, RESPECTIVELY. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BUSINESS AFFAIRS OF THE COMPANY SHALL BE MANAGED BY THE GOVERNING BOARD APPOINTED BY THE ORGANZIATION'S SOLE MEMBER BONCREST. THE GOVERNING BOARD SHALL HAVE FULL AND COMPLETE AUTHORITY, POWER, AND DISCRETION TO MANAGE AND CONTROL THE BUSINESS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND GENERAL COUNSEL MATERIALLY ENGAGES WITH THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS IN RESPONDING TO ALL ITEMS COVERED IN THE FORM 990. WHEN ALL OF THE INFORMATION IS COMPILED INTO THE FORM 990 IT IS PRESENTED TO THE ENTIRE GOVERNING BOARD FOR REVIEW AND APPROVAL BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 15B | THE BOARD WILL OVERSEE AN ANNUAL REVIEW OF EXECUTIVE PERFORMANCE BASED ON A REPORT FROM EACH EXECUTIVE REGARDING THE EXECUTIVE'S PROGRESS AGAINST GOALS. AS A PART OF THE REVIEW PROCESS, THE EXECUTIVE AND THE BOARD DISCUSS AND FORMALIZE GOALS FOR PERFORMANCE FOR THE NEXT YEAR. THESE GOALS ARE ROOTED IN ORGANIZATIONAL PERFORMANCE AGAINST STRATEGIC GOALS, AS WELL AS THE OVERALL LEADERSHIP OF THE EXECUTIVE. THE BONCREST RESOURCE GROUP COMPENSATION COMMITTEE WILL ANNUALLY REVIEW EACH EXECUTIVE COMPENSATION ARRANGEMENT BASED ON COMPARABLE SALARY AND BENEFITS DATA, SUCH AS DATA AVAILABLE FROM SALARY AND BENEFIT SURVEYS, WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS, AND REVIEWING INFORMATION OBTAINED FROM IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS IN AN EFFORT TO LEARN WHAT NONPROFIT EMPLOYERS WITH SIMILAR MISSIONS OF A SIMILAR BUDGET SIZE THAT ARE LOCATED IN THE SAME OR SIMILAR GEOGRAPHIC REGION PAY THEIR EXECUTIVE OFFICERS AND LEADERS. BASED ON THE REVIEW THE COMPENSATION COMMITTEE WILL MAKE A RECOMMENDATION TO THE FULL BOARD FOR COMPENSATION INCLUDING SALARY AND BENEFITS FOR ALL BONCREST RESOURCE GROUP EXECUTIVE OFFICERS. THE COMPENSATION COMMITTEE SHALL MAINTAIN MINUTES OF THE MEETINGS AND DELIBERATIONS AND THE PROCESS USED TO CONDUCT THE REVIEW. BASED ON THE COMPENSATION COMMITTEE'S RECOMMENDATION, THE FULL BOARD OF DIRECTORS SHALL DELIBERATE AND APPROVE EACH EXECUTIVE COMPENSATION ARRANGEMENT, SUBJECT TO RECUSALS FOR EXECUTIVES WITH CONFLICTS OF INTEREST DURING ALL DELIBERATIONS REGARDING THE COMPENSATION ARRANGEMENTS, AND THE PROCESS FOR SUCH APPROVAL SHALL BE DOCUMENTED IN THE BOARD MEETING MINUTES. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY EACH BOARD MEMBER IS GIVEN THE CONFLICT OF INTEREST POLICY AND THE CEO EXPLAINS THE POLICY IN DETAIL PRIOR TO THE BOARD MEMBER'S SIGNATURE. ALL VENDORS RECEIVE AND MUST SIGN A FORM DISCLOSING ANY RELATED PARTIES INVOLVED PRIOR TO DOING BUSINESS WITH THE ORGANIZATION. ANYONE WITH A CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON MATTERS RELATED TO THE CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE COMPENSATION COMMITTEE'S RESPONSIBILITIES SHALL INCLUDE (A) TO ESTABLISH THE COMPENSATION OF THE CEO OF THE ORGANIZATION; (B) REVIEW THE COMPENSATION OF THE CEO UTILIZING COMPARABILITY DATA AND ESTABLISH MERIT INCREASES, IF ANY, IN SALARY, INCENTIVE BONUS, ETC.; AND (C) APPROVE A WRITTEN EMPLOYMENT CONTRACT WITH THE CEO AND ANY CONTRACT REVISIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS ARE AVAILABLE FROM THE MANAGING MEMBER. UPON REQUEST, COPIES ARE SHOWN, MAILED, FAXED OR EMAILED TO THE INQUIRER. |
| FORM 990, PART XI, LINE 9: | ADJUSTMENT FOR ASSUMED LIABILITIES 250,000. |
| FORM 990, PART XII, LINE 2C | THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BONCREST RESOURCE GROUP INC | |||||||||||
| 4062 PEACHTREE RD NE SUITE A501 | BROOKHAVEN | GA | 30319 | 815401208 | SENIOR LIVING OPERATOR | GA | 501(C)(3) | LINE 10 | N/A | 0 | |
| INDIANAPOLIS SENIOR CARE LLC DBA ROBIN RUN VILLAGE | |||||||||||
| 4062 PEACHTREE RD NE SUITE A501 | BROOKHAVEN | GA | 30319 | 863038399 | SENIOR LIVING FACILITY | DE | 501(C)(3) | LINE 10 | Yes (1) | BONCREST RESOURCE GROUP INC | |
| ALLEN SENIOR CARE LLC | |||||||||||
| 4062 PEACHTREE RD NE SUITE A501 | BROOKHAVEN | GA | 30319 | 882696909 | SENIOR LIVING FACILITY | DE | 501(C)(3) | LINE 10 | Yes (1) | BONCREST RESOURCE GROUP INC | |
| FORT WORTH SENIOR CARE LLC | |||||||||||
| 4062 PEACHTREE RD NE SUITE A501 | BROOKHAVEN | GA | 30319 | 882625724 | SENIOR LIVING FACILITY | DE | 501(C)(3) | LINE 10 | Yes (1) | BONCREST RESOURCE GROUP INC | |
| MESQUITE SENIOR CARE LLC | |||||||||||
| 4062 PEACHTREE RD NE SUITE A501 | BROOKHAVEN | GA | 30319 | 882719886 | SENIOR LIVING FACILITY | DE | 501(C)(3) | LINE 10 | Yes (1) | BONCREST RESOURCE GROUP INC | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |