SAMARITAN HOUSING FOUNDATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- SAMARITAN HOUSING FOUNDATION INC (EIN 31-1644805)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-04
- IRS object ID
- 202203089349303350
- Schema version
- 2021v4.2
- 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 | 2022-11-04T16:00:15-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FORVIS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 RIDGEFIELD COURT | AddressLine1Txt |
| City | ASHEVILLE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 311644805 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAMARITAN HOUSING FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAMA | BusinessNameControlTxt |
| Phone | 8662611814 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17001 SEARSTONE DRIVE | AddressLine1Txt |
| City | CARY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27513 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BULLOCK | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8662611814 | PhoneNum |
| Signature | 2022-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KEN | PersonFirstNm |
| Person Last | BULLOCK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY BIBBY | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2022-11-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STANLEY BRADING | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17001 SEARSTONE DRIVE | AddressLine1Txt |
| City | CARY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27513 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $15,373,182 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.SEARSTONE.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2005 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | THE COMMUNITY IS ESTABLISHED TO PROVIDE AN ENHANCED RETIREMENT ENVIRONMENT FEATURING FULL- SERVICE LIFE CARE FOR RESIDENTS OF SIXTY-TWO PLUS (62+) YEARS OF AGE, WHILE EMPHASIZING AN ACTIVE LIFESTYLE, INDIVIDUAL INDEPENDENCE, PERSONAL DIGNITY, AND FAMILY ESTATE PRESERVATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 252 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $39,955 | PYContributionsGrantsAmt |
| CY Contributions Grants | $934,323 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $13,415,709 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $14,226,437 | CYProgramServiceRevenueAmt |
| PY Investment Income | $274,889 | PYInvestmentIncomeAmt |
| CY Investment Income | -$416,142 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$24 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $13,730,529 | PYTotalRevenueAmt |
| CY Total Revenue | $14,744,618 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $662,762 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $710,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,824,049 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,871,750 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $12,684,218 | PYOtherExpensesAmt |
| CY Other Expenses | $13,388,136 | CYOtherExpensesAmt |
| PY Total Expenses | $18,171,029 | PYTotalExpensesAmt |
| CY Total Expenses | $18,969,886 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,440,500 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$4,225,268 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $137,509,038 | TotalAssetsBOYAmt |
| Total Assets EOY | $309,375,809 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $213,400,327 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $389,208,617 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$75,891,289 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$79,832,808 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $16,136,839 | ExpenseAmt |
| Grant | $710,000 | GrantAmt |
| Revenue | $14,226,437 | RevenueAmt |
| Desc | SEARSTONE RETIREMENT COMMUNITY IS MADE UP OF 169 LIVING UNITS FOR 245 PEOPLE AND 39 BEDS OF NURSING CARE, 14 FOR ASSISTED LIVING AND 25 FOR NURSING CARE. SERVICES SUCH AS MEALS, HOUSEKEEPING, MAINTENANCE, ACTIVITIES, TRANSPORTATION, AND NURSING SERVICES ARE AVAILABLE. WE OFFER PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY FOR THOSE RESIDENTS WHO CAN BENEFIT FROM THESE PROGRAMS, OFFERING OVER 11,000 SESSIONS OF THERAPY IN 2021.WE HAVE A FOOD SERVICE PROGRAM WHICH PROVIDES MEALS TO RESIDENTS, THEIR GUESTS AND OUR STAFF. IN 2021, WE SERVED 85,000 MEALS.ACTIVITIES ARE OFFERED IN EACH LEVEL OF CARE DEPENDING ON THE LEVEL OF ACTIVITIES SUITABLE FOR THAT LEVEL OF CARE, FROM GOING OUT TO PUBLIC PROGRAMS SUCH AS THEATER PRODUCTIONS TO SYMPHONIES, OR HAVING IN-HOUSE EVENTS COMPRISED OF THEME PARTIES AND GAMES. OUR NURSING SERVICES COVER THE ENTIRE CAMPUS AND RANGE FROM EMERGENCY NURSING SERVICES TO 24-HOUR NURSING SERVICES. | Desc |
| Total Program Service Expenses | $16,136,839 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | 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 | 0 | 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 | 0 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| 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 | 0 | 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 | 43 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 252 | 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 |
| 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 | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | 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 | 0 | 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 | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEN BULLOCK | PersonNm |
| Phone | 9192340408 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17001 SEARSTONE DR | AddressLine1Txt |
| City | CARY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27513 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| STANLEY G BRADING | ||||||||
| PRESIDENT | 30.00 | Yes (X) | Yes (X) | $704,600 | $0 | $55,307 | ||
| LINDA COLEMAN | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $6,500 | $0 | $0 | |||
| CHARLES HENDERSON | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $7,000 | $0 | $0 | |||
| CHARLES NORMAN | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $7,500 | $0 | $0 | |||
| JAMES PIERCE | ||||||||
| DIRECTOR | 4.00 | Yes (X) | $7,500 | $0 | $0 | |||
| TOM BEEBE | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $7,500 | $0 | $0 | |||
| MARC HEWITT | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $7,500 | $0 | $0 | |||
| MACK LEATH | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $7,500 | $0 | $0 | |||
| DARRYL MILLS | ||||||||
| SPECIAL ADVISOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| EARL A MEAD | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| W DERRICK MOORE | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | $160,104 | $0 | $8,959 | Yes (X) | |||
| ALLIE LIGAY | ||||||||
| DIRECTOR OF MARKETING | 40.00 | $141,110 | $0 | $8,640 | Yes (X) | |||
| MARY P CLEMENTS | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $128,682 | $0 | $3,421 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,185,496 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $76,327 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| STEWART & CONNERS ARCHITECTS PLLC | |||||
| 3731 LATROBE DR STE 100 | CHARLOTTE | NC | 28211 | ARCHITECTS | $1,045,843 |
| TRI SOUTH MECHANICAL LLC | |||||
| PO BOX 2114 | WAKE FOREST | NC | 27588 | HVAC | $287,120 |
| DIXON HUGHES GOODMAN | |||||
| PO BOX 602828 | CHARLOTTE | NC | 28260 | ACCOUNTING/CONSULTING | $217,380 |
| K&L GATES LLP | |||||
| PO BOX 844255 | BOSTON | MA | 02284 | LEGAL | $154,821 |
| JOF PAINTING | |||||
| 101 WOOD HOLLOW DR | CARY | NC | 27513 | PAINTING | $150,055 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $757,900 | GovernmentGrantsAmt |
| All Other Contributions | $176,423 | AllOtherContributionsAmt |
| Total Contributions | $934,323 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| RESIDENT FEES | 623990 | $11,722,424 | $11,722,424 |
| AMORTIZATION OF ENTRANCE FEE | 623990 | $1,417,115 | $1,417,115 |
| RESIDENT MEALS | 623990 | $978,052 | $978,052 |
| RESIDENT SERVICES | 623990 | $108,846 | $108,846 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $14,226,437 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $150,289 | TotalRevenueColumnAmt |
| Exclusion | $150,289 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $62,133 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $628,564 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$566,431 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$566,431 | TotalRevenueColumnAmt |
| Exclusion | -$566,431 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,744,618 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,226,437 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$416,142 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $710,000 | TotalAmt |
| Program Services | $710,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $971,011 | TotalAmt |
| Management And General | $971,011 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,029,045 | TotalAmt |
| Program Services | $3,029,045 | ProgramServicesAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,814 | TotalAmt |
| Program Services | $19,051 | ProgramServicesAmt |
| Management And General | $4,763 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $497,743 | TotalAmt |
| Program Services | $398,194 | ProgramServicesAmt |
| Management And General | $99,549 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $350,137 | TotalAmt |
| Program Services | $280,110 | ProgramServicesAmt |
| Management And General | $70,027 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $459,270 | TotalAmt |
| Management And General | $459,270 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,963 | TotalAmt |
| Management And General | $92,963 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,090 | TotalAmt |
| Management And General | $84,090 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,268,325 | TotalAmt |
| Program Services | $1,014,660 | ProgramServicesAmt |
| Management And General | $253,665 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $376,818 | TotalAmt |
| Management And General | $376,818 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $991,986 | TotalAmt |
| Program Services | $790,928 | ProgramServicesAmt |
| Management And General | $201,058 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $200,540 | TotalAmt |
| Program Services | $160,432 | ProgramServicesAmt |
| Management And General | $40,108 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $656,070 | TotalAmt |
| Program Services | $524,856 | ProgramServicesAmt |
| Management And General | $131,214 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,562 | TotalAmt |
| Program Services | $22,032 | ProgramServicesAmt |
| Management And General | $5,530 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,455 | TotalAmt |
| Program Services | $16,364 | ProgramServicesAmt |
| Management And General | $4,091 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,598,587 | TotalAmt |
| Program Services | $4,598,587 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,587,102 | TotalAmt |
| Program Services | $3,587,102 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $252,397 | TotalAmt |
| Program Services | $252,397 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| FOOD AND BEVERAGE | $577,519 | $577,519 | |
| OTHER COSTS | $194,452 | $155,562 | $38,890 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,969,886 | TotalAmt |
| Program Services | $16,136,839 | ProgramServicesAmt |
| Management And General | $2,833,047 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,073,796 | BOYAmt |
| EOY | $1,476,998 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,448,840 | BOYAmt |
| EOY | $115,481 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,891 | BOYAmt |
| EOY | $34,950 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500,000 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $299,787 | BOYAmt |
| EOY | $284,994 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $142,209,445 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $24,757,064 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $108,391,631 | BOYAmt |
| EOY | $117,452,381 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,618,052 | BOYAmt |
| EOY | $184,326,850 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,096,041 | BOYAmt |
| EOY | $5,684,155 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,509,038 | BOYAmt |
| EOY | $309,375,809 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,583,863 | BOYAmt |
| EOY | $2,969,002 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,250,472 | BOYAmt |
| EOY | $11,503,281 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,284,115 | BOYAmt |
| EOY | $260,634,083 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $111,281,877 | BOYAmt |
| EOY | $114,102,251 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $213,400,327 | BOYAmt |
| EOY | $389,208,617 | 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 | -$76,047,903 | BOYAmt |
| EOY | -$80,165,845 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $156,614 | BOYAmt |
| EOY | $333,037 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$75,891,289 | BOYAmt |
| EOY | -$79,832,808 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $137,509,038 | BOYAmt |
| EOY | $309,375,809 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$4,225,268 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $283,749 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | 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 |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,839 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,792 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $59,304 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,955 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $934,323 | CurrentTaxYearAmt |
| Total | $1,093,213 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,425,886 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,082,077 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,625,887 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,449,134 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,248,385 | CurrentTaxYearAmt |
| Total | $58,831,369 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $766,644 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $846,751 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $925,221 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $966,575 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $978,052 | CurrentTaxYearAmt |
| Total | $4,483,243 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,208,369 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,972,620 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,610,412 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,455,664 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,160,760 | CurrentTaxYearAmt |
| Total | $64,407,825 | 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 | $64,407,825 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $62,819 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $273,004 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $352,677 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $200,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $150,289 | CurrentTaxYearAmt |
| Total | $1,039,037 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $62,819 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $273,004 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $352,677 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $200,248 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $150,289 | CurrentTaxYearAmt |
| Total | $1,039,037 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,271,188 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,245,624 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,963,089 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,655,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,311,049 | CurrentTaxYearAmt |
| Total | $65,446,862 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.98410 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98270 | PublicSupportPY509Pct |
| Investment Income CY | 0.01590 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01730 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $21,257,868 | OtherCostOrOtherBasisAmt |
| Book Value | $21,257,868 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $85,596,784 | OtherCostOrOtherBasisAmt |
| Depreciation | $17,520,442 | DepreciationAmt |
| Book Value | $68,076,342 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $31,673,285 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,483,070 | DepreciationAmt |
| Book Value | $25,190,215 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,469,156 | OtherCostOrOtherBasisAmt |
| Depreciation | $505,401 | DepreciationAmt |
| Book Value | $1,963,755 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,212,352 | OtherCostOrOtherBasisAmt |
| Depreciation | $248,151 | DepreciationAmt |
| Book Value | $964,201 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $117,452,381 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| RESIDENT DEPOSITS | $10,492,532 |
| SUBORDINATE OBLIGATIONS | $14,451,275 |
| REFUNDABLE ADVANCE FEES | $89,158,444 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $114,102,251 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $15,230,834 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $283,749 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $283,749 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,947,085 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$202,467 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$202,467 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,744,618 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $19,172,353 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $202,467 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $202,467 | ExpensesNotReportedAmt |
| Expenses Subtotal | $18,969,886 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $18,969,886 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE CORPORATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF 2021 OR 2020. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES NETTED ON FS -202,467. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES NETTED ON FS 202,467. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTHERAN SERVICES CAROLINAS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 947 | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28145 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 201457236 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $710,000 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | ASSISTANCE TO OTHER NOT FOR PROFITS THAT MEET OUR CHARITABLE PURPOSE | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION MAINTAINS A RELATIONSHIP WITH THE RECIPIENT ORGANIZATION TO ENSURE FUNDS ARE SPENT FOR INTENDED PURPOSES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STANLEY G BRADING | ||||||||||||||
| PRESIDENT | $279,600 | $0 | $425,000 | $0 | $0 | $0 | $0 | $0 | $55,307 | $0 | $759,907 | $0 | $0 | $0 |
| W DERRICK MOORE | ||||||||||||||
| EXECUTIVE DIRECTOR | $160,104 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,959 | $0 | $169,063 | $0 | $0 | $0 |
| MARY P CLEMENTS | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $128,682 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3,421 | $0 | $132,103 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J PART II: | FormAndLineReferenceDesc |
| Explanation | SEE SCHEDULE O PART VII DISCLOSURE FOR DETAILS RELATING TO PRESIDENT STANLEY G. BRADING COMPENSATION DISCLOSURE | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PUBLIC FINANCE AUTHORITY | ||||||||
| A | 273866124 | 74442PCV5 | 2016-12-28 | $7,461,440 | REVENUE BONDS (SEARSTONE CCRC PROJECT) SERIES 2016 | 0 | 0 | 0 |
| PUBLIC FINANCE AUTHORITY | ||||||||
| B | 273866124 | 74442PFP5 | 2017-12-27 | $77,745,000 | REVENUE BONDS (SEARSTONE CCRC PROJECT) SERIES 2017 | 0 | 0 | 0 |
| PUBLIC FINANCE AUTHORITY | ||||||||
| C | 273866124 | 74442PTL9 | 2021-11-10 | $258,931,954 | REVENUE BONDS (SEARSTONE CCRC PROJECT) SERIES 2021 A-B AND REFUNDING | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $1,766 | $7,461,440 | $480,000 | $135,000 | $6,846,440 | 0 | 0 | 0 | 0 | |
| B | $1,182,576 | $77,745,000 | $1,017,660 | $1,487,853 | $5,610,579 | 0 | Yes (1) | 0 | Yes (1) | $69,628,908 |
| C | $258,931,954 | $7,598,714 | $5,037,944 | $157,277,949 | Yes (1) | Yes (1) | 0 | Yes (1) | $89,017,347 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| B | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0.00000 | 0.00000 | 0.00000 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | Yes (1) |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | SAMARITAN HOUSING FOUNDATION DELEGATED ITS USUAL MANAGEMENT DUTIES TO SEARSTONE RLA THE TAX YEAR. THE TOTAL AMOUNT OF THE TRANSACTION IS $396,000. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990-PREPARATION FILE IS COMPLETED BY THE CFO. THE CFO REVIEWS IT AND PROVIDES IT TO THE BOARD, SSRLA, MANAGEMENT AND THE CORPORATE ATTORNEY FOR COMMENT. THE FINAL 990 IS DISTRIBUTED TO THE BOARD AND FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | YEARLY, THE POLICY IS ISSUED TO THE BOARD AT A REGULAR BOARD MEETING. THE MEMBERS ARE ASKED TO REVIEW AND THEN COMPLETE THE YEARLY STATEMENT. THE STATEMENTS ARE KEPT BY THE ADMINISTRATIVE ASSISTANT. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE HR MANAGER OBTAINS PAY INFORMATION FOR ALL POSITIONS INCLUDING TOP PERSONNEL. SHE REVIEWS OUR SALARIES AND MAKES RECOMMENDATIONS TO RLA AND SENIOR MANAGEMENT FOR ADJUSTMENTS TO THE PAY BAND. RLA AND MANAGEMENT REVIEWS THE RECOMMENDATIONS AND MAKE APPROPRIATE CHANGES. THE CHANGES ARE MADE IN THE NEXT FISCAL YEAR BUDGET. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION PROVIDES COPIES OF ITS FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS UPON REQUEST AT ITS OFFICES. |
| FORM 990 PART VII | THE $759,907 IN TOTAL COMPENSATION FROM THE ORGANIZATION TO ITS PRESIDENT STANLEY G. BRADING FOR THE YEAR 2021, AS REFLECTED IN SCHEDULE J, PART II, LINE (1), CONSISTS OF THE FOLLOWING: 1. $279,600 IN BASE COMPENSATION FOR SERVICES RENDERED BY MR. BRADING DURING THE YEAR 2021; 2. $425,000 IN INCENTIVE COMPENSATION, REPRESENTING THE PAYMENT IN 2021 OF DEFERRED COMPENSATION FOR SERVICES RENDERED BY MR. BRADING FROM 2017 THROUGH 2021, THE PAYMENT OF WHICH WAS CONTRACTUALLY CONTINGENT UPON THE ORGANIZATION'S ACHIEVEMENT OF CERTAIN MILESTONES PERTAINING TO THE FINANCING OF THE ORGANIZATION'S PHASE II 'HIGHVIEW" EXPANSION PROJECT (WITH ACHIEVEMENT OF THE FINANCING MILESTONES DEPENDENT UPON THE ORGANIZATION'S SATISFACTION OF NUMEROUS DEVELOPMENT, MARKETING, FINANCIAL, AND GOVERNMENTAL APPROVAL CRITERIA AS RELATING TO THE EXPANSION PROJECT); AND 3. $55,307 IN NONTAXABLE BENEFITS FOR SERVICES RENDERED BY MR. BRADING DURING THE YEAR 2021. |
| FORM 990, PART XII, LINE 2C | THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. |