STRATEGY STUDIO / PUBLIC DATA EXPLORER

LASELL VILLAGE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
LASELL VILLAGE INC (EIN 22-3042122)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-09
IRS object ID
202541299349303794
Schema version
2023v6.0
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)
Return2025-05-09T15:24:45-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line153 STATE STREET 17TH FLOORAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223042122EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LASELL VILLAGE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLASEBusinessNameControlTxt
Phone6176637000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonALESSANDRO VIANELLOPersonNm
Person TitleCHIEF FINANCIAL OFFICERPersonTitleTxt
Phone6176637000PhoneNum
Signature2025-05-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCRAIG KLEINPreparerPersonNm
PTINP00734640PTIN
Phone6178075000PhoneNum
Preparation2025-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerZEHRA ABID-WOODPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$28,969,009GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LASELLVILLAGE.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1990FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionLASELL VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY, ON THE CAMPUS OF LASELL UNIVERSITY, WITH INDEPENDENT, SUPPORTED, AND SKILLED NURING RESIDENTS.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee249TotalEmployeeCnt
Total Volunteers20TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$53,880PYContributionsGrantsAmt
CY Contributions Grants$18,813CYContributionsGrantsAmt
PY Program Service Revenue$22,559,906PYProgramServiceRevenueAmt
CY Program Service Revenue$22,724,290CYProgramServiceRevenueAmt
PY Investment Income$2,088,058PYInvestmentIncomeAmt
CY Investment Income$3,105,008CYInvestmentIncomeAmt
PY Other Revenue$226,930PYOtherRevenueAmt
CY Other Revenue$496,306CYOtherRevenueAmt
PY Total Revenue$24,928,774PYTotalRevenueAmt
CY Total Revenue$26,344,417CYTotalRevenueAmt
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$10,367,974PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$11,119,308CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$16,660,022PYOtherExpensesAmt
CY Other Expenses$15,790,681CYOtherExpensesAmt
PY Total Expenses$27,027,996PYTotalExpensesAmt
CY Total Expenses$26,909,989CYTotalExpensesAmt
PY Revenues Less Expenses-$2,099,222PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$565,572CYRevenuesLessExpensesAmt
Total Assets BOY$100,698,949TotalAssetsBOYAmt
Total Assets EOY$126,208,308TotalAssetsEOYAmt
Total Liabilities BOY$134,578,172TotalLiabilitiesBOYAmt
Total Liabilities EOY$157,876,515TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$33,879,223NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$31,668,207NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLASELL VILLAGE, SPONSORED BY LASELL UNIVERSITY, IS HOME TO SOME 265 RESIDENTS IN ITS INDEPENDENT LIVING APARTMENTS, SUPPORTED LIVING STUDIOS AND INCLUDES A 38 BED SKILLED NURSING FACILITY. OPEN SINCE MAY 2000, THE VILLAGE COMBINES THE ELEMENTS OF LIFELONG LEARNING, RETIREMENT LIVING, SUPPORT SERVICES, SHORT-TERM REHABILITATION AND LONG-TERM CARE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$22,607,902ExpenseAmt
Revenue$22,724,290RevenueAmt
DescLASELL VILLAGE OPERATES A CONTINUING CARE RETIREMENT COMMUNITY AND PROVIDES, IN COOPERATION WITH LASELL UNIVERSITY, RESIDENTIAL AND NON-RESIDENTIAL EDUCATION PROGRAMS FOR ELDERLY PERSONS. THROUGH INTERGENERATIONAL LEARNING ACTIVITIES WITH THE FACULTY AND STUDENTS OF LASELL UNIVERSITY AND PROGRAMS SPONSORED BY THE ON-SITE ROSEMARY B. FUSS CENTER FOR RESEARCH ON AGING AND INTERGENERATIONAL STUDIES, LASELL VILLAGE DISSEMINATES CURRENT AND BROAD-BASED INFORMATION ABOUT AGING AND FACTORS THAT CONTRIBUTE TO WELL-BEING IN LATER LIFE. LASELL VILLAGE SPONSORS AND PARTNERS IN RESEARCH WITH OTHER EDUCATIONAL AND RESEARCH INSTITUTIONS REGARDING THE COGNITIVE, EMOTIONAL, PHYSICAL NEEDS AND CAPABILITIES OF THE ELDERLY AND THE VALUE OF CONTINUED LEARNING IN LATER LIFE. NUMBER OF RESIDENTS ENROLLED PER SEMESTER AND THE NUMBER OF COURSES OFFERED:FALL 2023 - 208 RESIDENTS ENROLLED IN 29 COURSESSPRING 2024 - 208 RESIDENTS ENROLLED IN 29 COURSESSUMMER 2023 - 196 RESIDENTS ENROLLED IN 24 COURSESDesc
Total Program Service Expenses$22,607,902TotalProgramServiceExpensesAmt
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 EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
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 RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
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 ContributionYes (1)DeductibleArtContributionInd
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 Document60IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee249EmployeeCnt
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 Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
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 CEOYes (1)CompensationProcessCEOInd
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

FieldValueIRS element (for citing)
PersonALESSANDRO VIANELLOPersonNm
Phone6176637003PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1120 SEMINARY AVEAddressLine1Txt
CityAUBURNDALECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02466ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JEFFREY SIMON
CHAIR2.001.00Yes (X)Yes (X)$0$0$0
SUSAN HASS
CLERK2.000.00Yes (X)Yes (X)$0$0$0
JEFFREY AUGUSTINE
DIRECTOR2.000.00Yes (X)$0$0$0
DEBORAH DACCORD
DIRECTOR1.000.00Yes (X)$0$0$0
CHRISTINE DOYLE
DIRECTOR1.000.00Yes (X)$0$0$0
JULIA GALLAGHER MD
DIRECTOR1.000.00Yes (X)$0$0$0
NKEM OKEKE MD
DIRECTOR1.000.00Yes (X)$0$0$0
LAURIE SAMUELS PASCAL
DIRECTOR1.000.00Yes (X)$0$0$0
PAIGE SCOTT REED
DIRECTOR (UNTIL 12/2023)1.000.00Yes (X)$0$0$0
KATHY SWARTZ
DIRECTOR1.000.00Yes (X)$0$0$0
CAROLINE SCHASTNY
RESIDENT TRUSTEE1.000.00Yes (X)$0$0$0
JUDITH TSIPIS
RESIDENT TRUSTEE1.000.00Yes (X)$0$0$0
ALESSANDRO VIANELLO
CFO & TREASURER40.000.00Yes (X)$190,958$0$46,571
REGINA HOYT
ASSISTANT CLERK40.000.00Yes (X)$79,629$0$14,256
ZEHRA ABID-WOOD
PRESIDENT - LASELL VILLAGE40.0010.00Yes (X)$0$205,250$30,202
ANDREW MAYLOR
CFO - LASELL UNIVERSITY10.0040.00Yes (X)$0$214,719$1,402
ERIC TURNER
CEO - LASELL VILLAGE10.0040.00Yes (X)$0$295,545$92,099
CHERYL SACKS
DIRECTOR OF MARKETING40.000.00$205,866$0$40,463Yes (X)
RUTH BUTTA
RN40.000.00$205,905$0$20,884Yes (X)
BENJAMIN BAILEY
AVP OF FACILITIES & CAPITAL MGT40.000.00$195,558$0$47,317Yes (X)
PAMELA DELLICARPINI
CHIEF OF PEOPLE40.000.00$164,701$0$42,546Yes (X)
AARON ST LAURENT
HEALTHCARE ADMIN.40.000.00$158,873$0$1,101Yes (X)
MICHAEL ALEXANDER
FMR CEO - LASELL VILLAGE10.0040.00$0$715,734$28,271Yes (X)
DEREK PINTO
FMR VP, ADMIN - LASELL UNIVERSITY10.0040.00$0$104,705$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,201,490TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,535,953TotReportableCompRltdOrgAmt
Total Other Compensation$365,112TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
DIMELLA SHAFFER ASSOCIATES
24 FARNSWORTH STBOSTONMA02210ARCHITECTURAL$3,043,290
LASELL UNIVERSITY
1844 COMMONWEALTH AVENEWTONMA02466MANAGEMENT CONTRACT$1,739,671
POWERBACK REHABILITATION
PO BOX 821322PHILADELPHIAPA19182REHAB FOR SKILLED NURSING UNIT$718,775
THE VERTEX COMPANIES
400 LIBBEY PARKWAYWEYMOUTHMA02189PROJECT MANAGEMENT$184,727
MCCARTER & ENGLISH LLP
FOUR GATEWAY CENTER 100 MULBERRY SNEWARKNJ07102LEGAL$116,911
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K6CntrctRcvdGreaterThan100KCnt
All Other Contributions$18,813AllOtherContributionsAmt
Noncash Contributions$3,075NoncashContributionsAmt
Total Contributions$18,813TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RESIDENTIAL FEES623000$15,592,732$15,592,732
SKILLED NURSING623000$4,724,946$4,724,946
EARNED ENTRANCE FEE623000$1,349,771$1,349,771
SUPPORTED LIVING UNIT FEES623000$1,056,841$1,056,841
FieldValueIRS element (for citing)
Total Program Service Revenue$22,724,290TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,317,318TotalRevenueColumnAmt
Exclusion$2,317,318ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$3,412,282SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$2,600,792SecuritiesAmt
Other$23,800OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$811,490SecuritiesAmt
Other-$23,800OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$787,690TotalRevenueColumnAmt
Exclusion$787,690ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business900099BusinessCd
Total Revenue Column$496,306TotalRevenueColumnAmt
Exclusion$496,306ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$496,306OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,344,417TotalRevenueColumnAmt
Related Or Exempt Func Income$22,724,290RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,601,314ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$415,510TotalAmt
Management And General$415,510ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$8,681,503TotalAmt
Program Services$7,441,915ProgramServicesAmt
Management And General$1,239,588ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$322,102TotalAmt
Program Services$276,111ProgramServicesAmt
Management And General$45,991ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,069,492TotalAmt
Program Services$916,785ProgramServicesAmt
Management And General$152,707ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$630,701TotalAmt
Program Services$535,873ProgramServicesAmt
Management And General$94,828ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$986,379TotalAmt
Management And General$986,379ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$23,001TotalAmt
Management And General$23,001ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$217,139TotalAmt
Management And General$217,139ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$14,847TotalAmt
Management And General$14,847ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$118,740TotalAmt
Program Services$106,751ProgramServicesAmt
Management And General$11,989ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$14,949TotalAmt
Management And General$14,949ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$225,167TotalAmt
Program Services$21,014ProgramServicesAmt
Management And General$204,153ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$400,773TotalAmt
Program Services$332,064ProgramServicesAmt
Management And General$68,709ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$4,343,576TotalAmt
Program Services$4,166,775ProgramServicesAmt
Management And General$176,801ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$10,840TotalAmt
Management And General$10,840ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$15,894TotalAmt
Program Services$1,783ProgramServicesAmt
Management And General$14,111ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$701,369TotalAmt
Program Services$653,536ProgramServicesAmt
Management And General$47,833ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,066,850TotalAmt
Program Services$5,653,095ProgramServicesAmt
Management And General$413,755ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$342,798TotalAmt
Program Services$319,419ProgramServicesAmt
Management And General$23,379ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
MEDICAL SERVICES & EXP.$1,134,811$1,134,811
REAL ESTATE TAXES$757,071$705,439$51,632
LAND LEASE$195,736$182,387$13,349
RESIDENT ACTIVITIES$88,145$88,145

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$132,596TotalAmt
Program Services$71,999ProgramServicesAmt
Management And General$60,597ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$26,909,989TotalAmt
Program Services$22,607,902ProgramServicesAmt
Management And General$4,302,087ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,915,146BOYAmt
EOY$2,820,104EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,481,712BOYAmt
EOY$2,684,548EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,497,366BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$32,665BOYAmt
EOY$38,072EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$117,108,306LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$59,298,511LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$35,980,419BOYAmt
EOY$57,809,795EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$56,015,126BOYAmt
EOY$61,720,521EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,776,515BOYAmt
EOY$1,135,268EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$100,698,949BOYAmt
EOY$126,208,308EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,030,376BOYAmt
EOY$2,754,053EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,562,907BOYAmt
EOY$1,592,083EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,713,475BOYAmt
EOY$12,033,845EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$15,154,153EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$118,271,414BOYAmt
EOY$126,342,381EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$134,578,172BOYAmt
EOY$157,876,515EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$34,096,440BOYAmt
EOY-$31,907,475EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$217,217BOYAmt
EOY$239,268EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$33,879,223BOYAmt
EOY-$31,668,207EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$100,698,949BOYAmt
EOY$126,208,308EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$565,572ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,579,825NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$196,763OtherChangesInNetAssetsAmt
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 Minus4 Years$8,900CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$17,326CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$47,994CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$53,880CurrentTaxYearMinus1YearAmt
Current Tax Year$18,813CurrentTaxYearAmt
Total$146,913TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,923,338CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,047,247CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,729,674CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,559,906CurrentTaxYearMinus1YearAmt
Current Tax Year$22,724,290CurrentTaxYearAmt
Total$104,984,455TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$18,932,238CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$19,064,573CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,777,668CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,613,786CurrentTaxYearMinus1YearAmt
Current Tax Year$22,743,103CurrentTaxYearAmt
Total$105,131,368TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$134,356CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121,813CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$159,670CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$166,102CurrentTaxYearMinus1YearAmt
Current Tax Year$171,524CurrentTaxYearAmt
Total$753,465TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$134,356CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$121,813CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$159,670CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$166,102CurrentTaxYearMinus1YearAmt
Current Tax Year$171,524CurrentTaxYearAmt
Total$753,465TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$104,377,903PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,329,703CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,595,566CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,261,680CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,110,091CurrentTaxYearMinus1YearAmt
Current Tax Year$2,317,318CurrentTaxYearAmt
Total$9,614,358TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,329,703CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,595,566CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,261,680CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,110,091CurrentTaxYearMinus1YearAmt
Current Tax Year$2,317,318CurrentTaxYearAmt
Total$9,614,358TotalAmt

Other Income509 OtherIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$541,918CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$262,134CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$387,020CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$226,930CurrentTaxYearMinus1YearAmt
Current Tax Year$496,306CurrentTaxYearAmt
Total$1,914,308TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$20,803,859CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$20,922,273CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,426,368CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,950,807CurrentTaxYearMinus1YearAmt
Current Tax Year$25,556,727CurrentTaxYearAmt
Total$116,660,034TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.89470PublicSupportCY509Pct
Public Support PY5090.90130PublicSupportPY509Pct
Investment Income CY0.08240InvestmentIncomeCYPct
Investment Income PY0.07680InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationOTHER INCOME - 2019 AMOUNT: $ 541,918. 2020 AMOUNT: $ 262,134. 2021 AMOUNT: $ 387,020. 2022 AMOUNT: $ 226,930. 2023 AMOUNT: $ 496,306.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$217,302BeginningYearBalanceAmt
Contributions$18,728ContributionsAmt
Investment Earnings Or Losses$3,238InvestmentEarningsOrLossesAmt
End Year Balance$239,268EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$161,140BeginningYearBalanceAmt
Contributions$53,892ContributionsAmt
Investment Earnings Or Losses$2,270InvestmentEarningsOrLossesAmt
End Year Balance$217,302EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$138,063BeginningYearBalanceAmt
Contributions$22,939ContributionsAmt
Investment Earnings Or Losses$138InvestmentEarningsOrLossesAmt
End Year Balance$161,140EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$120,737BeginningYearBalanceAmt
Contributions$17,240ContributionsAmt
Investment Earnings Or Losses$86InvestmentEarningsOrLossesAmt
End Year Balance$138,063EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$111,837BeginningYearBalanceAmt
Contributions$8,207ContributionsAmt
Investment Earnings Or Losses$693InvestmentEarningsOrLossesAmt
End Year Balance$120,737EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$21,502,402OtherCostOrOtherBasisAmt
Book Value$21,502,402BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$72,888,042OtherCostOrOtherBasisAmt
Depreciation$51,149,766DepreciationAmt
Book Value$21,738,276BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,119,700OtherCostOrOtherBasisAmt
Depreciation$8,148,745DepreciationAmt
Book Value$8,970,955BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,598,162OtherCostOrOtherBasisAmt
Book Value$5,598,162BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$57,809,795TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDescAmtAmt
REFUNDABLE DEPOSITS & INTEREST$896,000
DEFERRED ENTRANCE FEES$6,905,818
REFUNDABLE ENTRANCE FEES$112,654,887
FAIR VALUE OF INTEREST SWAP$684,863
DUE TO AFFILIATES$100,813
NOTE PAYABLE TO RELATED PARTY$5,100,000
FieldValueIRS element (for citing)
Total Liability$126,342,381TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$29,121,005TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$2,579,825NetUnrealizedGainsInvstAmt
Other Revenue$196,763OtherRevenueAmt
Revenue Not Reported$2,776,588RevenueNotReportedAmt
Revenue Subtotal$26,344,417RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$26,344,417TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$26,909,989TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$26,909,989ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$26,909,989TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE VILLAGE ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE VILLAGE HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATION AS TO ITS INCOME BEING RELATED OR UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE VILLAGE HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE VILLAGE IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTIONS. THE VILLAGE'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS AFTER THE DATE OF FILING.
PART XI, LINE 2D - OTHER ADJUSTMENTS:CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 196,763.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MICHAEL ALEXANDER
FMR CEO - LASELL VILLAGE$0$207,660$0$0$0$508,074$0$20,555$0$7,716$0$744,005$0$0
ERIC TURNER
CEO - LASELL VILLAGE$0$288,459$0$0$0$7,086$0$47,500$0$44,599$0$387,644$0$0
CHERYL SACKS
DIRECTOR OF MARKETING$152,077$0$51,000$0$2,789$0$11,406$0$29,057$0$246,329$0$0$0
BENJAMIN BAILEY
AVP OF FACILITIES & CAPITAL MGT$177,423$0$17,000$0$1,135$0$13,307$0$34,010$0$242,875$0$0$0
ALESSANDRO VIANELLO
CFO & TREASURER$173,367$0$17,000$0$591$0$13,003$0$33,568$0$237,529$0$0$0
ZEHRA ABID-WOOD
PRESIDENT - LASELL VILLAGE$0$205,042$0$0$0$208$0$0$0$30,202$0$235,452$0$0
RUTH BUTTA
RN$205,374$0$0$0$531$0$8,341$0$12,543$0$226,789$0$0$0
ANDREW MAYLOR
CFO - LASELL UNIVERSITY$0$213,531$0$0$0$1,188$0$0$0$1,402$0$216,121$0$0
PAMELA DELLICARPINI
CHIEF OF PEOPLE$139,910$0$23,500$0$1,291$0$10,319$0$32,227$0$207,247$0$0$0
AARON ST LAURENT
HEALTHCARE ADMIN.$154,672$0$4,000$0$201$0$435$0$666$0$159,974$0$0$0
DEREK PINTO
FMR VP, ADMIN - LASELL UNIVERSITY$0$104,466$0$0$0$239$0$0$0$0$0$104,705$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINES 4A-BDURING THE CALENDAR YEAR ENDED DECEMBER 31, 2023 LASELL UNIVERSITY PAID SEVERANCE RELATED COMPENSATION TO MICHAEL ALEXANDER IN THE AMOUNT OF $438,975. THE AMOUNT IS INCLUDED AS REPORTABLE COMPENSATION. DURING THE CALENDAR YEAR ENDED DECEMBER 31, 2023 LASELL UNIVERSITY CREDITED RETIREMENT PLANS PURSUANT TO SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR CERTAIN EMPLOYEES, AS FOLLOWS: ERIC TURNER, $20,000
PART I, LINE 7AS DETAILED ON SCHEDULE J, PART II, BONUSES WERE AWARDED TO CERTAIN EMPLOYEES DURING THE YEAR. BONUSES WERE AWARDED AT THE DISCRETION OF THE PRESIDENT OF LASELL UNIVERSITY AND THE PRESIDENT OF LASELL VILLAGE.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd

Issuer Name IssuerName

FieldValueIRS element (for citing)
Business Name Line1MASSACHUSETTS DEVELOPMENT FINANCE AGENCYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Bond Issuer EIN043431814BondIssuerEIN
CUSIP000000000CUSIPNum
Bond Issued2014-06-19BondIssuedDt
Issue Price$17,906,000IssuePriceAmt
PurposeREFINANCE 2007 BONDS.PurposeDesc
Defeased0DefeasedInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Pool Financing0PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Retired$5,755,000RetiredAmt
Total Proceeds$17,906,000TotalProceedsAmt
Issuance Costs From Proceeds$201,000IssuanceCostsFromProceedsAmt
Other Spent Proceeds$17,705,000OtherSpentProceedsAmt
Substantial Completion2007SubstantialCompletionYr
Refunding Tax Exempt BondsYes (1)RefundingTaxExemptBondsInd
Refunding Taxable Bonds0RefundingTaxableBondsInd
Final Allocation MadeYes (1)FinalAllocationMadeInd
Adequate Books And Rec MaintYes (1)AdequateBooksAndRecMaintInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Form8038 T Filed0Form8038TFiledInd
Rebate Not Due Yet0RebateNotDueYetInd
Exception To Rebate0ExceptionToRebateInd
No Rebate DueYes (1)NoRebateDueInd
Variable Rate IssueYes (1)VariableRateIssueInd
Hedge Identified In Bks And RecYes (1)HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

FieldValueIRS element (for citing)
Business Name Line1BANK OF AMERICABusinessNameLine1Txt
FieldValueIRS element (for citing)
Term Of Hedge30.000000000000TermOfHedgePct
Superintegrated Hedge0SuperintegratedHedgeInd
Hedge Terminated0HedgeTerminatedInd
Gross Proceeds Invested In GIC0GrossProceedsInvestedInGICInd
Gross Proceeds Invested0GrossProceedsInvestedInd
Written Proc To Monitor ReqsYes (1)WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

FieldValueIRS element (for citing)
Bond ReferenceABondReferenceCd
Procedures Corrective ActionYes (1)ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: MASSACHUSETTS DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2023ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11ContributionCnt
Noncash Contributions Rpt F990$3,075NoncashContributionsRptF990Amt
Method Of Determining RevenuesART CONSULTANTMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE AMOUNTS IN COLUMN (B) REPRESENT THE NUMBER OF CONTRIBUTIONS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE GOVERNING BODY OF LASELL VILLAGE HAS AUTHORIZED LASELL UNIVERSITY THROUGH A MANAGEMENT CONTRACT AS THE MANAGEMENT COMPANY TO PERFORM THE MANAGEMENT DUTIES TYPICALLY HANDLED BY DIRECT SUPERVISION OF OFFICERS OR KEY EMPLOYEES. LASELL VILLAGE SHALL HAVE THE RIGHT, UPON NOTICE TO LASELL UNIVERSITY, TO CHANGE, REPEAL OR ALTER POLICIES ADOPTED AND/OR IMPLEMENTED BY LASELL UNIVERSITY IN CONNECTION WITH MANAGING THE DAY-TO-DAY OPERATIONS.
FORM 990, PART VI, SECTION A, LINE 6LASELL, INC., ACTING THROUGH ITS BOARD OF TRUSTEES, SHALL BE THE SOLE MEMBER OF LASELL VILLAGE, INC.
FORM 990, PART VI, SECTION A, LINE 7ALASELL, INC. MAY APPOINT TO THE BOARD OF TRUSTEES A NUMBER OF TRUSTEES UP TO, BUT NOT EXCEEDING, TWENTY FIVE PERCENT (25%) OF THE TOTAL NUMBER OF LASELL VILLAGE'S TRUSTEES SERVING FROM TIME TO TIME.
FORM 990, PART VI, SECTION A, LINE 7BLASELL, INC. SHALL HAVE THE RIGHT TO APPROVE EACH OF THE FOLLOWING ACTIONS OF THE BOARD OF TRUSTEES, AND SUCH ACTIONS BY THE BOARD SHALL NOT BE EFFECTIVE UNLESS AND UNTIL APPROVED BY LASELL, INC.: (A) THE ADOPTION OF ANNUAL OPERATING AND CAPITAL BUDGETS; (B) EMPLOYMENT TERMS FOR THE PRESIDENT OF THE CORPORATION; (C) THE ADOPTION OF ANY LONG-RANGE PLANS OF THE CORPORATION; (D) APPROVAL OF ANY INCREASE IN THE LONG-TERM DEBT OF THE CORPORATION; (E) THE EXPENDITURE, DISPOSITION, DONATION OR ACQUISITION BY PURCHASE, LEASE OR OTHER MEANS OF DONATION OF CORPORATE ASSETS, OTHER THAN BUDGETED ITEMS, IN AN AMOUNT IN EXCESS OF $10,000; (F) THE MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANY OTHER CORPORATION, AND THE FORMATION OR DISSOLUTION OF SUBSIDIARIES; (G) A DECISION TO CONDUCT ANY FUNDRAISING ACTIVITIES; (H) THE SELECTION OR EMPLOYMENT OF LEGAL COUNSEL AND CERTIFIED PUBLIC ACCOUNTANTS, WHETHER FOR SPECIAL PROJECTS OR ON A REGULAR BASIS; (I) THE SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; AND (J) ANY AMENDMENTS TO THE CORPORATION'S BYLAWS PURSUANT TO ARTICLE XII OR TO THE ARTICLES OF ORGANIZATION.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM WAS PROVIDED TO ALL BOARD MEMBERS AND WAS REVIEWED BY THE BOT AT THEIR MEETING, PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12COUR ORGANIZATION REGULARLY AND CONSISTENTLY ENFORCES COMPLIANCE WITH OUR WRITTEN CONFLICT OF INTEREST POLICY BY HAVING EACH TRUSTEE, PRINCIPAL OFFICERS AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THEIR UNDERSTANDING OF THE POLICY AND THEY INDICATE WHETHER OR NOT A CONFLICT EXISTS. THE POLICY IS ALSO REVIEWED ANNUALLY WITH MANAGERS AND WHICH IN TURN REVIEW ANNUALLY WITH THEIR STAFF.
FORM 990, PART VI, SECTION B, LINE 15THE CHAIRMAN OF THE BOARD OF TRUSTEES IN CONSULTATION WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCT AN ANNUAL WRITTEN EVALUATION OF THE PRESIDENT AND RECOMMENDS COMPENSATION BASED ON A COMPARISON OF PRESIDENTS AT SIMILAR SIZED INSTITUTIONS. THE PRESIDENT CONDUCTS AN ANNUAL WRITTEN EVALUATION OF KEY EMPLOYEES TAKING INTO ACCOUNT COMPENSATION OF PEERS AT SIMILAR SIZED INSTITUTIONS.
FORM 990, PART VI, SECTION C, LINE 19THE 990 IS AVAILABLE ON GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. THE FORM 1023 IS AVAILABLE UPON REQUEST. ALSO AVAILABLE UPON REQUEST ARE OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS.
FORM 990, PART XI, LINE 9:CHANGE IN FAIR VALUE OF INTERST RATE SWAP 196,763.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
LASELL UNIVERSITY
1844 COMMONWEALTH AVENUENEWTONMA02466042103585EDUCATIONMA501(C)(3)LINE 2LASELL INC0
LASELL INC
1844 COMMONWEALTH AVENUENEWTONMA02466861070319ADMINISTRATIVE SUPPORTMA501(C)(3)LINE 12B, II0N/A
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 OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other OrgYes (1)AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
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 Line1NABusinessNameLine1Txt