FOREST AT DUKE INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FOREST AT DUKE INC (EIN 56-1630158)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-02-03
- IRS object ID
- 202520349349300432
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-03T13:32:46+00:00 | ReturnTs |
| Tax Period End | 2024-09-30 | 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 Mazars 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 | 2023-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561630158 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Forest At Duke Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FORE | BusinessNameControlTxt |
| Phone | 9199408000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2701 PICKETT ROAD | AddressLine1Txt |
| City | Durham | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Anita L Holt | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 9199408000 | PhoneNum |
| Signature | 2025-02-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Amy Bibby | PreparerPersonNm |
| PTIN | P00445891 | PTIN |
| Phone | 8282542254 | PhoneNum |
| Preparation | 2025-02-03 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Anita L Holt | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2701 PICKETT ROAD | AddressLine1Txt |
| City | Durham | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,948,001 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.FORESTDUKE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1988 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | TO PROVIDE A CARING, RESPONSIBLE RETIREMENT COMMUNITY BY ENHANCING RESIDENTS' LIVES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 12 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 457 | TotalEmployeeCnt |
| Total Volunteers | 20 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $333,485 | PYContributionsGrantsAmt |
| CY Contributions Grants | $47,472 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,206,249 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $28,607,518 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$3,504,215 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,481,184 | CYInvestmentIncomeAmt |
| PY Other Revenue | $294,026 | PYOtherRevenueAmt |
| CY Other Revenue | $209,287 | CYOtherRevenueAmt |
| PY Total Revenue | $24,329,545 | PYTotalRevenueAmt |
| CY Total Revenue | $31,345,461 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,033,578 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,213,144 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $13,695,736 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $14,764,682 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $8,397 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $6,588 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,588 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,535,976 | PYOtherExpensesAmt |
| CY Other Expenses | $17,498,323 | CYOtherExpensesAmt |
| PY Total Expenses | $29,273,687 | PYTotalExpensesAmt |
| CY Total Expenses | $33,482,737 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$4,944,142 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$2,137,276 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $146,426,388 | TotalAssetsBOYAmt |
| Total Assets EOY | $183,251,223 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $134,418,996 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $173,080,715 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $12,007,392 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $10,170,508 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO PROVIDE A CARING, RESPONSIBLE COMMUNITY THAT FOSTERS THE INDEPENDENCE OF RESIDENTS OF RETIREMENT AGE BY ENHANCING THEIR CAPABILITY TO LEAD PURPOSEFUL, ACTIVE, HEALTHY AND SECURE LIVES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $28,768,396 | ExpenseAmt |
| Grant | $1,213,144 | GrantAmt |
| Revenue | $28,607,518 | RevenueAmt |
| Desc | The Forest at Duke welcomed its first residents in 1992 with a mission to provide a caring, responsible community that fosters the independence of residents of retirement age by enhancing their ability to lead purposeful, active, healthy and secure lives. The 47-acre campus is home to approximately 400 residents and includes 235 independent living residences, 32 assisted living suites and 58 skilled nursing residences. In 2007, The Forest was awarded a BBB+ credit rating by Fitch Ratings, achieved national Commission on Accreditation of Rehabilitation Facilities/Continuing Care Accreditation Commission (CARF-CCAC) accreditation, and received another health center deficiency free survey from the NC Department of Health Regulators. In 2007, The Forest also chose to participate in the Medicare Part A program and gained certification under Medicare. In December 2022, The Forest at Duke was reviewed by CARF-CCAC and earned another five-year term as an accredited continuing retirement community. The Forest has completed the construction of 15 cottage homes and all were occupied by the end of fiscal year 2015. The renovation to the Community Center, including enlarging the Fitness Center, enhancing dining and other interior program modifications, was completed by the end of fiscal year 2016. In June 2021, The Forest completed the financing to build a new health center on its current campus. The facility will have 90 new units in the "small house" format in a five-story, approximately 110,000 square foot building. The small house model of care is designed around houses (or groups of rooms) in which each house has 10 private rooms each with a bathroom and all common spaces and support areas located within the house. The small house model will provide the same scope of services, each neighborhood will have a team that provides the care, residents will have short walking distances to increase level of independence, resident privacy, additional dining and fitness venues. The project is complete and the residents moved into the new health center in February 2023. In November 2022, The Forest completed the financing for Phase Two of the project. The project includes the addition of seventy-one (71) new independent living apartments and an expanded community center which connects the existing community center to the health center. The expanded community center also includes service and amenity spaces such as additional dining, fitness area, classroom, multipurpose rooms, a clinic and office spaces. The new apartments have an average of 1,450 square feet with spacious open-living design floorplans, ten foot ceilings, and finishes commensurate with high-end real estate in the market area. Other features include gourmet kitchens with stainless steel appliances, large covered balconies or ground level patios for outdoor living in each apartment home. Each apartment home is expected to include assigned underground parking. Site work began in May 2023 and is anticipated to be completed by summer 2025. The Forest at Duke takes seriously its commitment to social responsibility and leadership. Outreach includes major annual corporate financial assistance to the Durham Council for Senior Citizens, the Durham Center for Senior Life, the Senior PHARMAssist Program, and Rogers-Herr Middle School. Throughout the year, other local non-profits are helped with cash, in-kind and volunteer donations as well. More than 75,000 resident volunteer hours per year benefit local schools, churches, Duke Hospitals and other area service organizations. The Forest Employee Educational Assistance Fund continues to award monies to over 20 Forest staff each year to further their education. The Forest continues to have strong associations with educational and licensing institutions. The community serves as a training site for: * Geriatric Fellows - Duke University Medical Center * Internal Medicine Residents - Duke University Medical Center * Nursing students - Watts School of Nursing * Interns in the Leadership in Aging Program - Duke University * Therapeutic recreation interns from surrounding universities * Nursing Home Administrators - The North Carolina Board of Licensing of Nursing Home Administrators The Forest actively participates with its peers in the industry through Association involvement. Forest employees often serve in leadership and as presenters at state and national educational sessions. The Forest maintains memberships in the following professional associations: * LeadingAge * Leading Age North Carolina * North Carolina Health Care Association * American Health Care Association * Durham Chamber of Commerce * North Carolina Coalition for Long Term Care Enhancement * Society for the Advancement of Gerontological Environments | Desc |
| Total Program Service Expenses | $28,768,396 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 92 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 457 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 12 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Karen Henry | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9194908000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2701 Pickett Road | AddressLine1Txt |
| City | Durham | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27705 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Chuck Kennedy | |||||||
| Chairman | 4.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Craig Lewis | |||||||
| Vice Chairman | 4.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Craig Daniels | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Denise Barnes | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Edward Embree | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| George Brothers Jr | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Harvey Cohen | |||||||
| Past Chairman | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| James Freedman | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Julie Wells | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Kimberly Rehberg | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Larry Moneta | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Lynne Farber | |||||||
| Board Member | 4.0 | Yes (X) | $0 | $0 | $0 | ||
| Anita L Holt | |||||||
| President, CEO | 40.0 | Yes (X) | $315,308 | $0 | $34,846 | ||
| Karen E Henry | |||||||
| CFO, Treasurer | 40.0 | Yes (X) | $210,164 | $0 | $32,548 | ||
| Lee Ann Bailey-Clayton | |||||||
| Director of Health Services | 40.0 | $137,222 | $0 | $10,725 | Yes (X) | ||
| Nathan Summers | |||||||
| Director of Community Services | 40.0 | $132,128 | $0 | $3,025 | Yes (X) | ||
| Sharon Pitt | |||||||
| COO | 40.0 | $187,627 | $0 | $26,318 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $982,449 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $107,462 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| QHC Staffing LLC | |||||
| 230 Scotland Dr | Youngsville | NC | 27596 | agency staffing | $923,523 |
| Sysco Raleigh LLC | |||||
| PO Box 129 | Selma | NC | 27516 | food distributor | $670,569 |
| Duke Health Integrated Practice Inc | |||||
| PO Box 604161 | Charlotte | NC | 28260 | physician services | $491,635 |
| Directional Landscape Management | |||||
| 65 Glen Road Suite 205 | Garner | NC | 27529 | landscaping services | $395,428 |
| NEMA Management LLC | |||||
| 1020 Southhill Drive Suite 180 | Cary | NC | 27513 | project management | $333,447 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 8 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $47,472 | AllOtherContributionsAmt |
| Total Contributions | $47,472 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Service Fees | 623000 | $18,487,097 | $18,487,097 |
| Clinic and Health Center | 623000 | $5,315,095 | $5,315,095 |
| Entrance Fees | 623000 | $4,682,718 | $4,682,718 |
| Dining Services | 623000 | $62,008 | $62,008 |
| Application Fees | 623000 | $60,600 | $60,600 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $28,607,518 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,315,356 | TotalRevenueColumnAmt |
| Exclusion | $1,315,356 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $58,564 | TotalRevenueColumnAmt |
| Exclusion | $58,564 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,246 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $5,246 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,246 | TotalRevenueColumnAmt |
| Exclusion | $5,246 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,708,409 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,601,145 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,107,264 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,107,264 | TotalRevenueColumnAmt |
| Exclusion | $1,107,264 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $5,135 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,395 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,740 | TotalRevenueColumnAmt |
| Exclusion | $3,740 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Auxiliary Services | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $200,301 | TotalRevenueColumnAmt |
| Exclusion | $200,301 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $200,301 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $31,345,461 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $28,607,518 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,690,471 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,213,144 | TotalAmt |
| Program Services | $1,213,144 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $496,095 | TotalAmt |
| Program Services | $99,219 | ProgramServicesAmt |
| Management And General | $396,876 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,389,205 | TotalAmt |
| Program Services | $8,678,364 | ProgramServicesAmt |
| Management And General | $2,710,841 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,485 | TotalAmt |
| Program Services | $212,324 | ProgramServicesAmt |
| Management And General | $45,161 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,753,949 | TotalAmt |
| Program Services | $1,446,322 | ProgramServicesAmt |
| Management And General | $307,627 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $867,948 | TotalAmt |
| Program Services | $754,368 | ProgramServicesAmt |
| Management And General | $113,580 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,774 | TotalAmt |
| Management And General | $14,774 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,224 | TotalAmt |
| Management And General | $213,224 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,588 | TotalAmt |
| Fundraising | $6,588 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $158,760 | TotalAmt |
| Management And General | $158,760 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,485,840 | TotalAmt |
| Program Services | $1,397,074 | ProgramServicesAmt |
| Management And General | $88,766 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,373 | TotalAmt |
| Program Services | $116,373 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,324,706 | TotalAmt |
| Program Services | $1,730,742 | ProgramServicesAmt |
| Management And General | $593,964 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,942 | TotalAmt |
| Program Services | $272,835 | ProgramServicesAmt |
| Management And General | $8,107 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,903,668 | TotalAmt |
| Program Services | $1,903,668 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,207 | TotalAmt |
| Program Services | $94,879 | ProgramServicesAmt |
| Management And General | $46,328 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,021,373 | TotalAmt |
| Program Services | $2,021,373 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,028,036 | TotalAmt |
| Program Services | $7,028,036 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $267,584 | TotalAmt |
| Program Services | $267,584 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Food | $1,289,140 | $1,289,140 | |
| Medical Supplies | $242,951 | $242,951 | |
| Miscellaneous | $9,745 | $9,745 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,482,737 | TotalAmt |
| Program Services | $28,768,396 | ProgramServicesAmt |
| Management And General | $4,707,753 | ManagementAndGeneralAmt |
| Fundraising | $6,588 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,013,581 | BOYAmt |
| EOY | $26,702,756 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $806,541 | BOYAmt |
| EOY | $726,458 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,082 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,720 | BOYAmt |
| EOY | $103,551 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $189,462,743 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $67,636,084 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,525,870 | BOYAmt |
| EOY | $121,826,659 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,944,045 | BOYAmt |
| EOY | $33,805,495 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $963,245 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $86,304 | BOYAmt |
| EOY | $86,304 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,426,388 | BOYAmt |
| EOY | $183,251,223 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,247,180 | BOYAmt |
| EOY | $1,523,557 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,976,615 | BOYAmt |
| EOY | $59,706,595 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,756,522 | BOYAmt |
| EOY | $104,972,382 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,438,679 | BOYAmt |
| EOY | $6,878,181 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $134,418,996 | BOYAmt |
| EOY | $173,080,715 | 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 | $11,556,430 | BOYAmt |
| EOY | $9,773,237 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,962 | BOYAmt |
| EOY | $397,271 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,007,392 | BOYAmt |
| EOY | $10,170,508 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $146,426,388 | BOYAmt |
| EOY | $183,251,223 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$2,137,276 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,201,468 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,901,076 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | 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 (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | 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 | $100,811 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $66,054 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $83,169 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $333,485 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $47,472 | CurrentTaxYearAmt |
| Total | $630,991 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,559,320 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,094,614 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,740,809 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,206,249 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,607,518 | CurrentTaxYearAmt |
| Total | $133,208,510 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,660,131 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,160,668 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $25,823,978 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $27,539,734 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,654,990 | CurrentTaxYearAmt |
| Total | $133,839,501 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $194,388 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $187,199 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $214,304 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $223,826 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $226,635 | CurrentTaxYearAmt |
| Total | $1,046,352 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $194,388 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $187,199 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $214,304 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $223,826 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $226,635 | CurrentTaxYearAmt |
| Total | $1,046,352 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $132,793,149 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $698,504 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $725,152 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $710,144 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,926,563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,379,166 | CurrentTaxYearAmt |
| Total | $5,439,529 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $698,504 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $725,152 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $710,144 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,926,563 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,379,166 | CurrentTaxYearAmt |
| Total | $5,439,529 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $180,423 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $44,673 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,382,402 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $288,421 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $204,043 | CurrentTaxYearAmt |
| Total | $2,099,962 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,539,058 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $25,930,493 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,916,524 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,754,718 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $30,238,199 | CurrentTaxYearAmt |
| Total | $141,378,992 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.9393 | PublicSupportCY509Pct |
| Public Support PY509 | 0.9421 | PublicSupportPY509Pct |
| Investment Income CY | 0.04 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0345 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - MISCELLANEOUS, COLUMN A - 180423.0, COLUMN B - 44673.0, COLUMN C - 1382402.0, COLUMN D - 288421.0, COLUMN E - 204043.0, COLUMN F - 2099962.0; | ExplanationTxt |
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 | $6,111,141 | OtherCostOrOtherBasisAmt |
| Book Value | $6,111,141 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $87,243,678 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,900,535 | DepreciationAmt |
| Book Value | $44,343,143 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,032,376 | OtherCostOrOtherBasisAmt |
| Depreciation | $4,130,166 | DepreciationAmt |
| Book Value | $7,902,210 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $36,380,907 | OtherCostOrOtherBasisAmt |
| Depreciation | $20,605,383 | DepreciationAmt |
| Book Value | $15,775,524 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $47,694,641 | OtherCostOrOtherBasisAmt |
| Book Value | $47,694,641 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $121,826,659 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Retainage Payable | $3,940,350 |
| FV of Interest Rate Swap Payable | $2,937,831 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,878,181 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $35,389,564 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,201,468 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $1,395 | OtherRevenueAmt |
| Revenue Not Reported | $4,202,863 | RevenueNotReportedAmt |
| Revenue Subtotal | $31,186,701 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $158,760 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $158,760 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $31,345,461 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $33,325,372 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $1,395 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,395 | ExpensesNotReportedAmt |
| Expenses Subtotal | $33,323,977 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $158,760 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $158,760 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $33,482,737 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE FOREST 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 FOREST HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2024 AND 2023. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | GIFT SHOP PURCHASES WITH REVENUE - 1395 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | GIFT SHOP PURCHASES WITH REVENUE - 1395 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (43 entries)
| Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|
| Alzheimers of North Carolina | |||||||
| 133039601 | 501 c(3) | $15,000 | Operating Support | ||||
| American Dance Festival | |||||||
| 060932294 | 501 c(3) | $15,000 | Operating Support | ||||
| Bennie Girl Healthy Lifestyle | |||||||
| 463535375 | 501 c(3) | $7,500 | Operating Support | ||||
| Book Harvest | |||||||
| 452610533 | 501 c(3) | $10,000 | Operating Support | ||||
| Boys & Girls Club of Durham | |||||||
| 566001906 | 501 c(3) | $30,000 | Operating Support | ||||
| Caring House | |||||||
| 561647154 | 501 c(3) | $80,000 | Operating Support | ||||
| CASA | |||||||
| 561778714 | 501 c(3) | $60,000 | Operating Support | ||||
| Center for Child and Family Health | |||||||
| 581446309 | 501 c(3) | $40,000 | Operating Support | ||||
| Chamber Orchestra of the Triangle | |||||||
| 561610461 | 501 c(3) | $15,000 | Operating Support | ||||
| Carolina Theater | |||||||
| 561759337 | 501 c(3) | $10,000 | Operating Support | ||||
| Community Health Coalition Inc | |||||||
| 562269385 | 501 c(3) | $35,000 | Operating Support | ||||
| Cristo Rey Research Triangle | |||||||
| 832700481 | 501 c(3) | $36,000 | Operating Support | ||||
| Dress for Success | |||||||
| 262229898 | 501 c(3) | $20,000 | Operating Support | ||||
| Durham Center for Senior Life | |||||||
| 560886647 | 501 c(3) | $50,000 | Operating Support | ||||
| Durham Colored Library | |||||||
| 566001420 | 501 c(3) | $30,000 | Operating Support | ||||
| Durham Library Foundation | |||||||
| 562189129 | 501 c(3) | $30,000 | Operating Support | ||||
| Durham Literacy Center | |||||||
| 561479524 | 501 c(3) | $45,275 | Operating Support | ||||
| Durham Nativity School | |||||||
| 562274228 | GOVT | $30,000 | Operating Support | ||||
| Durham School of Technology | |||||||
| 566001021 | 501 c(3) | $17,460 | Operating Support | ||||
| Exchange Family Center | |||||||
| 581978668 | 501 c(3) | $50,000 | Operating Support | ||||
| Fayetteville Symphony Orchestra | |||||||
| 581393271 | 501 c(3) | $10,000 | Operating Support | ||||
| Full Frame Documentary Film Festival | |||||||
| 561655039 | 501 c(3) | $20,000 | Operating Support | ||||
| Greater Durham Chamber of Commerce | |||||||
| 560207530 | 501 c(3) | $15,000 | Operating Support | ||||
| Habitat for Humanity of Durham Inc | |||||||
| 581674794 | 501 c(3) | $7,500 | Operating Support | ||||
| Hayti Film Festival | |||||||
| 851016955 | 501 c(3) | $20,000 | Operating Support | ||||
| Hill Learning Center | |||||||
| 562089788 | 501 c(3) | $45,000 | Operating Support | ||||
| Housing for New Hope | |||||||
| 582089068 | 501 c(3) | $25,000 | Operating Support | ||||
| Kate's Corner | |||||||
| 501 c(6) | $30,000 | Operating Support | 6409 Fayetteville Road Suite 120-2 | Durham | NC | 27713 | |
| Lakewood School | |||||||
| 566001021 | GOVT | $42,800 | Operating Support | ||||
| Lincoln Community Health Center | |||||||
| 561031244 | 501 c(3) | $30,150 | Operating Support | ||||
| Local Start Dental | |||||||
| 833397388 | 501 c(3) | $50,000 | Operating Support | ||||
| Lyons Farm Elementary School | |||||||
| 881410553 | GOVT | $15,000 | Operating Support | ||||
| Meals on Wheels of Durham | |||||||
| 561729111 | 501 c(3) | $45,624 | Operating Support | ||||
| Museum of Durham History | |||||||
| 943455685 | 501 c(3) | $9,000 | Operating Support | ||||
| Music Maker Foundation Inc | |||||||
| 133782018 | 501 c(3) | $10,000 | Operating Support | ||||
| North Carolina Reading Service | |||||||
| 581528968 | 501 c(3) | $7,500 | Operating Support | ||||
| Preservation Durham | |||||||
| 237361218 | 501 c(3) | $7,500 | Operating Support | ||||
| Rogers-Herr Middle School | |||||||
| 566001021 | GOVT | $20,000 | Operating Support | ||||
| Senior PharmAssist | |||||||
| 562084639 | 501 c(3) | $35,000 | Operating Support | ||||
| Step Up Durham | |||||||
| 474578727 | 501 c(3) | $25,000 | Operating Support | ||||
| TROSA | |||||||
| 561861158 | 501 c(3) | $10,000 | Operating Support | ||||
| UNC - WUNC Public Radio | |||||||
| 566001393 | 501 c(3) | $10,000 | Operating Support | ||||
| Urban Ministries of Durham | |||||||
| 581505891 | 501 c(3) | $50,000 | Operating Support | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 42 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HAS A COMMUNITY RELATIONS COMMITTEE CONSISTING OF BOARD MEMBERS, STAFF AND RESIDENTS THAT OVERSEES THE CONTRIBUTIONS MADE TO THE COMMUNITY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anita L Holt | ||||||||||||||
| President, CEO | $315,308 | $0 | $0 | $0 | $0 | $0 | $30,000 | $0 | $4,846 | $0 | $350,154 | $0 | $0 | $0 |
| Karen E Henry | ||||||||||||||
| CFO, Treasurer | $210,164 | $0 | $0 | $0 | $0 | $0 | $30,000 | $0 | $2,548 | $0 | $242,712 | $0 | $0 | $0 |
| Sharon Pitt | ||||||||||||||
| COO | $187,627 | $0 | $0 | $0 | $0 | $0 | $23,938 | $0 | $2,380 | $0 | $213,945 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| A | 521309402 | 2017-08-24 | $20,210,000 | refinance series 2007 | false | false | false | |
| NORTH CAROLINA MEDICAL CARE COMMISSION | ||||||||
| B | 521309402 | 2021-06-03 | $50,818,934 | Column B: To construct and equip replacement health care center | false | false | false | 65820YSM9 |
| North CAROLINA MEDICAL CARE COMMISSION | ||||||||
| C | 521309402 | 2022-11-16 | $95,570,000 | Column C: To construct and equip expansion | false | false | false | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capitalized InterestCapitalizedInterestAmt | Capital ExpendituresCapitalExpendituresAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $8,370,000 | $20,210,000 | $333,998 | $19,876,002 | 2004 | Yes (true) | false | Yes (true) | Yes (true) | ||||
| B | $0 | $50,818,934 | $890,237 | $1,303,964 | 2023 | false | false | Yes (true) | Yes (true) | $2,423,582 | $46,201,151 | ||
| C | $95,570,000 | $998,420 | false | false | false | Yes (true) | $5,413,383 | $44,979,293 | $1,012,000 | $50,590,707 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | Yes (true) | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
| C | false | false | Yes (true) | Yes (true) | false | 0.0 | 0.0 | 0.0 | false | false | Yes (true) |
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 | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| (no name) | ||||||||||||
| A | false | false | Yes (true) | false | Yes (true) | false | false | false | Yes (true) | |||
| (no name) | ||||||||||||
| B | false | Yes (true) | false | false | false | false | false | false | Yes (true) | |||
| Truist Bank | ||||||||||||
| C | false | Yes (true) | false | false | Yes (true) | Yes (true) | false | false | Yes (true) | 14.8 | false | false |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
| C | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I | PURPOSE OF SERIES 2017 ISSUE (Column A): THE PROCEEDS OF THIS ISSUE WERE USED TO REFINANCE THE SERIES 2007 BONDS ISSUED JULY 12, 2007. PURPOSE OF SERIES 2007 ISSUE: A PORTION OF THE RECEIPTS DERIVED FROM THE SALE OF THE SERIES 2007 BONDS WAS USED TO REFUND THE ISSUER'S SERIES 2002 BONDS, WHICH WERE ISSUED UNDER A TRUST AGREEMENT DATED MARCH 15, 2002 AND THE SERIES 2003B BONDS, WHICH WERE ISSUED UNDER A TRUST AGREEMENT DATED NOVEMBER 1, 2003. PROCEEDS OF THE SERIES 2003B BONDS WERE USED TO REFUND BONDS PREVIOUSLY ISSUED BY THE ISSUER IN 1994, WHICH WERE ISSUED TO FINANCE THE COST OF ACQUIRING, CONSTRUCTING, AND EQUIPPING A CONTINUING CARE RETIREMENT FACILITY IN DURHAM, NC KNOWN AS THE FOREST AT DUKE. PROCEEDS OF THE SERIES 2002 BONDS WERE ISSUED TO FINANCE THE COSTS OF AN EXPANSION AND RENOVATION OF THE FACILITY. Proceeds of the series 2021 bonds (Column B) were issued to construct and equip the replacement health center. Purpose of series 2022 issue (Column C): To construct and equip an expansion of and renovation to the facility, including 71 new independent living units and related improvements. |
| Schedule K, Part II, Line 11 Schedule K, Part II, Line 11, Column A | THE AMOUNTS PRESENTED ON LINE 11 for Column A AS OTHER SPENT PROCEEDS REPRESENT AMOUNTS USED TO REFUND PRIOR ISSUES. SEE THE EXPLANATION OF EACH BOND'S USE ABOVE. |
| Schedule K, Part II, Line 11 | The amounts presented on Line 11 for Column B as other spent proceeds represent unexpected surplus proceeds after completion of construction that were then used to pay interest on the 2021 Bonds. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 18 | THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. ADDITIONALLY, RECENT FILINGS OF THE FORM ARE AVAILABLE ON WWW.GUIDESTAR.ORG. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE SUBCOMMITTEE OF THE BOARD REVIEWED THE FORM 990 BEFORE IT WAS SUBMITTED TO THE IRS. THE SUBCOMMITTEE REPORTED TO THE BOARD ON THE REVIEW OF THE FORM 990. EACH BOARD MEMBER RECEIVED AN ELECTRONIC VERSION OF THE RETURN FOR PERSONAL REVIEW WITH ANY QUESTIONS DIRECTED TO THE CFO. AFTER THE BOARD'S PERSONAL REVIEW, THE RETURN WAS APPROVED TO BE SUBMITTED TO THE IRS AS PRESENTED. |
| Form 990, Part VI, Line 12c Conflict of interest policy | BEFORE EACH BOARD MEETING, THE AGENDA IS PRESENTED TO THE BOARD. EACH BOARD MEMBER IS REQUIRED TO REVIEW THE MEETING AGENDA AND INDICATE IF THERE IS A POTENTIAL CONFLICT BY COMPLETING A CONFLICT OF INTEREST FORM AND HANDING IT IN PRIOR TO THE MEETING. IT IS REVIEWED AT THE TIME BY THE CEO AND ANY RELEVANT OR POTENTIAL CONFLICT, AS IT RELATES TO A SPECIFIC AGENDA ITEM, IS BROUGHT TO THE BOARD'S ATTENTION. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | EACH YEAR, THE CEO AND CFO'S COMPENSATION ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT THEIR OCTOBER MEETING. COMPARABLE SALARY DATA FROM SURVEYS, OTHER 990S, AND PERFORMANCE EVALUATIONS ARE UTILIZED AS PART OF THE PROCESS. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | EACH YEAR, THE CEO AND CFO'S COMPENSATION ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AT THEIR OCTOBER MEETING. COMPARABLE SALARY DATA FROM SURVEYS, OTHER 990S, AND PERFORMANCE EVALUATIONS ARE UTILIZED AS PART OF THE PROCESS. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON SITE. THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON SITE, ON THE EMMA WEBSITE FOR MUNICIPAL SECURITIES, AND IN THE DISCLOSURE STATEMENT WITH THE DEPARTMENT OF INSURANCE. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | change in FMV of Interest Rate - -3901076; |
| Form 990, Part XII, Line 2c | THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |