2020-07-17T13:13:43-05:00 2019-09-30 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 130 Lawrenceville GA 30043 990 2018-10-01 570420338 SOUTH CAROLINA BAPTIST MINISTRIES FOR THE AGING INC SOUT 8032276051 190 STONERIDGE DRIVE COLUMBIA SC 29212 Thomas P Turner III President/CEO/Treasurer 8032276051 2020-07-17 1 Ted R Batson Jr P00721951 6785185301 139.146.132.42 2020-07-17 14:13:35 ED P A15B9852ADA5EB65E2ADA13D1A9AD09D5EBDE377 4F0CA42ACB92E93FFDD52E7FC203F85479012F10 2018 2020-09-23 17:36:50Z Thomas P Turner III 190 STONERIDGE DRIVE COLUMBIA SC 29212 22040291 0 X www.scbma.com X 1954 SC SCBMA allows SC Baptists to give concrete evidence of our concern for and commitment to our elderly. 15 15 623 146 0 0 1388329 1643743 19398876 19862961 508344 452066 8238 14239 21303787 21973009 161035 167007 0 0 11366325 11377166 0 0 137076 9223596 9429710 20750956 20973883 552831 999126 33573062 34995069 2954906 3666897 30618156 31328172 Our Ministry provides professional services for seniors with compassionate care in the name of Jesus Christ, so all we serve may thrive. 0 0 18156333 167007 19955255 SCBMA's mission allows SC Baptists to give concrete evidence of concern for and committment to the elderly. SCBMA provides resident care through services including, but not limited to, housing related services, food preparation, medical care, and social activities. The organization served over 600 residents that were cared for in various senior living care options - Independent, Assisted Living, and Skilled Nursing and Rehabilitation. Community events were held at the two communities including a Billy Graham Hope telephone call line manned by residents, staff, and family members following weekly Billy Graham television programs. The organization began its construction project this year, building a new nursing facility at Bethea Retirement Community. 18156333 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 1 623 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 0 1 0 0 SC X Thomas P Turner III 8032276051 190 STONERIDGE DRIVE COLUMBIA SC 29212 Randy Moody Vice Chairman (part year), Chairman 1.00 X X 0 0 0 Ira Bedenbaugh Chairman (part year) 1.00 X X 0 0 0 Ham Hudson Vice Chairman 1.00 X X 0 0 0 Dr Sharla Bush-Price Secretary 1.00 X X 0 0 0 Marie Hester Secretary (part year) 1.00 X X 0 0 0 Phillip Anderson Trustee 1.00 X 0 0 0 Lyn Burkholder Trustee 1.00 X 0 0 0 Nancy Day Trustee 1.00 X 0 0 0 Jon Fischer Trustee 1.00 X 0 0 0 Rev Matthew Fowler Trustee 1.00 X 0 0 0 Mark Hendrick Trustee 1.00 X 0 0 0 Miriam Hutto Trustee 1.00 X 0 0 0 Rev Kevin Massey Trustee 1.00 X 0 0 0 Martin Moore Trustee 1.00 X 0 0 0 Rev Skip Owens Trustee 1.00 X 0 0 0 Rev Patrick Roddey Trustee 1.00 X 0 0 0 Rev Brian Sherwood Trustee 1.00 X 0 0 0 Chad Campbell Trustee (part year) 1.00 X 0 0 0 Rev Dennis Banks Trustee (part year) 1.00 X 0 0 0 Rev Mike Mills Trustee (part year) 1.00 X 0 0 0 Thomas P Turner III President/CEO/Treasurer 40.00 X 142755 0 37716 Ben Spurling ED Bethea Retirement Community 40.00 X 125462 0 28465 Polly Franks ED Martha Franks Retirement Comm. 40.00 X 145951 0 6586 414168 0 72767 3 0 1 0 Unidine 1000 Washington St Suite 510 Boston MA 02118 Dietary Services 1475368 Functional Pathways 10133 Sherril Boulevard Suite 200 Knoxville TN 37932 Therapy Services 659788 Performance Foodservice PO Box 741580 Atlanta GA 30374 Food Services 544592 Heritage Healthcare 536 Old Howell Rd Greenville SC 29615 Therapy Services 384299 Guardian Pharmacy of the Piedmont PO Box 740209 Atlanta GA 30374 Pharmacy 381478 13 47085 964285 632373 1643743 Resident Services 623000 19486617 19486617 376344 376344 19862961 366621 366621 15917 0 15917 15917 15917 151035 58741 6849 92294 -6849 85445 92294 -6849 0 47085 1692 -1692 -1692 14 14 14 21973009 19955255 0 374011 X 167007 167007 178274 62396 106964 8914 9522264 8395244 1045140 81880 193510 171714 18731 3065 803991 721924 74909 7158 679127 604692 69337 5098 20282 20282 172834 172834 8072 8072 2883104 2868956 2027 12121 330508 321283 9225 311173 310140 1033 98301 49149 49152 1721744 1721744 61348 37219 20331 3798 22729 22729 1450142 1317677 129749 2716 260812 258744 2068 Program Supplies 1978107 1928057 50050 Bad Debt Expense 110554 110554 20973883 18156333 2680474 137076 X 2188045 3810975 1479231 19681 176511 129788 2616765 2610909 100013 91761 43401683 26170101 16013839 17231582 25433 25551 10973225 11074822 33573062 34995069 924776 1284029 1173728 1126662 117881 856402 1138325 2954906 3666897 X 19959428 20589979 10658728 10738193 30618156 31328172 33573062 34995069 X 999126 23308 -312418 X X 0 1 X 1 0 X 1710633 1470499 1512233 1388329 1643743 7725437 17202545 18447304 19344046 19398876 19862961 94255732 18913178 19917803 20856279 20787205 21506704 101981169 25000 200 5769 9735 12543 53247 0 25000 200 5769 9735 12543 53247 101927922 335207 378852 336855 326790 382538 1760242 335207 378852 336855 326790 382538 1760242 765 197 148 108 14 1232 19249150 20296852 21193282 21114103 21889256 103742643 0.98250 0.98200 0.01700 0.01710 X Schedule A, Part III, Line 12, Explanation of Other Income: Miscellaneous Income - 2014 Amount: $ 765. 2015 Amount: $ 197. 2016 Amount: $ 148. 2017 Amount: $ 108. 2018 Amount: $ 14. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2054356 162965 51796 2165525 2192004 16570 154218 2054356 2171036 62515 41547 2192004 2090305 111969 31238 2171036 2305416 -168833 46278 2090305 0.12600 0.87400 0 1 1 1540648 1540648 35635333 22956554 12678779 4650071 2946736 1703335 1575631 266811 1308820 17231582 Beneficial Interest in Perpetual Trust 7307695 Common Trust Fund 3767127 11074822 Deposits 1071435 Capital Lease Obligation 66890 1138325 21617833 23308 1692 25000 21592833 380176 380176 21973009 20907817 1692 1692 20906125 67758 67758 20973883 Part V, Line 4: Endowment funds are established for the benefit of Martha Franks Retirement Community. Part V, lines 2a-2c In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/2019. To date, Schedule D has not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Schedule D, Part V, Lines 2a-2c: Line 2a - Without donor restrictions Line 2b - With donor restrictions Part XI, Line 2d - Other Adjustments: Fundraising Event Expenses 1,692. Part XI, Line 4b - Other Adjustments: Discounted Rents 67,758. Change in Value of Split-Interest Agreements 312,418. Part XII, Line 2d - Other Adjustments: Fundraising Event Expenses 1,692. Part XII, Line 4b - Other Adjustments: Discounted Rents 67,758. HST - Martha Franks 34530 34530 852 560 HST - Bethea 12555 12555 280 47085 47085 852 840 1692 -1692 1 Financial assistance for living expenses 11 99249 Reduction of rent 5 67758 Part I, Line 2: The living expense assistance is subsidized rent at the communities funded by the Mother's Day Offering Monies. Usually these recipients are retired ministers but also can be retired lay people who are assisted as well. Rates are reduced based on certain criteria. The difference between the rent charged and the normal rate are recorded as charitable discounts. Rent assistance is monitored by directly crediting the resident's account. No cash changes hands. X X X 0 0 0 0 0 0 0 0 0 Thomas P Turner III President/CEO/Treasurer 142755 0 0 0 0 0 9252 0 28465 0 180472 0 0 0 Ben Spurling ED Bethea Retirement Community 125462 0 0 0 0 0 0 0 28465 0 153927 0 0 0 Polly Franks ED Martha Franks Retirement Comm. 145951 0 0 0 0 0 5910 0 676 0 152537 0 0 0 Form 990, Part VI, Section A, line 1 There is an Executive Committee of the Board of Trustees composed of at least eight members, including the officers of the corporation and such additional members of the Board as the Board may determine. The committee has all power to act for the full Board of Trustees during the interim periods of the meetings of the Board of Trustees, and all actions and doings of the committee shall be binding on the full Board of Trustees except it may not act inconsistent with a prior act of the Board of Trustees, remove or appoint the President or any other officer, or take any action which has been reserved for the Board. Form 990, Part VI, Section A, line 7a The governing body of South Carolina Baptist Ministries for the Aging is vested in a Board of Trustees, elected by the South Carolina Baptist Convention in the manner and for the terms prescribed in the charter of the institution, in accordance with the action of the Convention. The South Carolina Baptist Convention is an association of cooperating churches which meets annually for two days to conduct Convention business. Each church that contributes to the Cooperative Program and adheres to the Baptist Faith and Message 2000 is allowed to send a delegation of messengers to the annual meeting. Messengers register in advance and credentials are issued (including voting ballots) to qualified messengers. The Messengers elect the trustees of SC Baptist Ministry for the Aging. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Board members and officers annually signs conflict of interest statements. The Director of Administrative Services reviews the signed statements. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15a Question 15a - The President/CEO's compensation is determined by the independent Executive Board annually, using comparability data. This process, review, and approval is contemporaneously substantiated. Question 15b - The organization does not compensate any other officers or key employees. Therefore, this line was answered "no" in accordance with the instructions. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part IX, line 11g Other Service Fees: Program service expenses 2,868,956. Management and general expenses 2,027. Fundraising expenses 12,121. Total expenses 2,883,104. Form 990, Part X, Lines 27-29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $20,589,979 Line 29 - Net assets with donor restrictions $10,738,193 Total net assets $31,328,172 Form 990, Part XI, line 9: Change in Value of Split-Interest Agreement -312,418. Form 990, Part XII, Line 2c: This process has not changed since the prior year. The South Carolina Baptist Convention assumes responsibility for oversight of the selection of an independent auditor. The organization has a Budget and Finance committee that assumes responsibility for oversight of the audit of its financial statements. South Carolina Baptist Convention 190 Stoneridge Drive Columbia SC 292108254 570360087 Association of Southern Baptist Churches SC 501(c)(3) Line 1 N/A 0 Baptist Foundation of South Carolina 190 Stoneridge Drive Columbia SC 292108254 570348054 Institution of SCBC designated for the management of trust funds SC 501(c)(3) Line 1 N/A 0 Revocable Living Trust (1) Trust SC South Carolina Baptist Ministries for the Aging 0 Irrevocable Living Trust (1) Trust SC South Carolina Baptist Ministries for the Aging 0 Charitable Gift Annuity (3) Trust SC South Carolina Baptist Ministries for the Aging 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 South Carolina Baptist Convention C South Carolina Baptist Convention N