GALLOWAY RIDGE INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: GALLOWAY RIDGE INC (EIN 56-2277623)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-11-06
IRS object ID: 201913109349300701
Schema version: 2018v3.1
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-11-06T04:47:51-06:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	560747981	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	DIXON HUGHES GOODMAN 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	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	562277623	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GALLOWAY RIDGE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GALL	BusinessNameControlTxt
Phone	9195452215	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3000 GALLOWAY RIDGE	AddressLine1Txt
City	PITTSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27312	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TODD PETERSON	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	9195452215	PhoneNum
Signature	2019-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AMY BIBBY	PreparerPersonNm
PTIN	P00445891	PTIN
Phone	8282542254	PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	24.241.144.70	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-11-04	IPDt
IP Tm	08:17:41	IPTm
IP Timezone	ES	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	48FB394F9AA065459641371F168D9F2AFFFBB473	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2020-01-14 16:20:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROB NELSON	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3000 GALLOWAY RIDGE	AddressLine1Txt
City	PITTSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27312	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$31,310,553	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.GALLOWAYRIDGE.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2001	FormationYr
Legal Domicile State	NC	LegalDomicileStateCd
Activity Or Mission	OPERATION OF CONTINUING CARE RETIREMENT COMMUNITY	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	12	VotingMembersIndependentCnt
Total Employee	526	TotalEmployeeCnt
Total Volunteers	9	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$762,210	PYContributionsGrantsAmt
CY Contributions Grants	$818,970	CYContributionsGrantsAmt
PY Program Service Revenue	$28,555,376	PYProgramServiceRevenueAmt
CY Program Service Revenue	$29,590,200	CYProgramServiceRevenueAmt
PY Investment Income	$544,410	PYInvestmentIncomeAmt
CY Investment Income	$698,380	CYInvestmentIncomeAmt
PY Other Revenue	$224,364	PYOtherRevenueAmt
CY Other Revenue	$203,003	CYOtherRevenueAmt
PY Total Revenue	$30,086,360	PYTotalRevenueAmt
CY Total Revenue	$31,310,553	CYTotalRevenueAmt
PY Grants And Similar Paid	$118,000	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$100,000	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$12,108,034	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$12,515,990	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$18,494,704	PYOtherExpensesAmt
CY Other Expenses	$18,240,349	CYOtherExpensesAmt
PY Total Expenses	$30,720,738	PYTotalExpensesAmt
CY Total Expenses	$30,856,339	CYTotalExpensesAmt
PY Revenues Less Expenses	-$634,378	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$454,214	CYRevenuesLessExpensesAmt
Total Assets BOY	$140,601,958	TotalAssetsBOYAmt
Total Assets EOY	$136,381,850	TotalAssetsEOYAmt
Total Liabilities BOY	$178,375,431	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$177,045,670	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$37,773,473	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$40,663,820	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	GALLOWAY RIDGE EXISTS TO INSPIRE MEANINGFUL AND ENGAGED LIVES AND TO ASSURE EACH RESIDENT A SUPERIOR QUALITY OF LIFE AND CARE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$27,316,577	ExpenseAmt
Grant	$100,000	GrantAmt
Revenue	$29,590,200	RevenueAmt
Desc	GALLOWAY RIDGE, INC. PROVIDED HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RESIDENT FACILITY CONTAINING 301 INDEPENDENT LIVING UNITS, 36 ASSISTED LIVING UNITS, 15 MEMORY CARE UNITS AND 40 SKILLED NURSING UNITS. GALLOWAY RIDGE WELCOMED ITS FIRST RESIDENTS IN 2005 WITH A MISSION OF PROVIDING ITS RESIDENTS SUPERIOR SERVICES AT A REASONABLE COST AND STRIVING TO PROVIDE A COMPLEMENT OF SERVICES TO SUPPORT THE RESIDENT'S HEALTH, SOCIAL, SPIRITUAL AND RECREATIONAL NEEDS. SINCE INCEPTION, GALLOWAY RIDGE HAS PAID PROPERTY TAXES TO CHATHAM COUNTY IN A TOTAL AMOUNT EQUAL TO $7,687,489; $780,770 OF WHICH WAS PAID MOST RECENTLY IN 2018. IN ADDITION TO PAYING PROPERTY TAXES, GALLOWAY RIDGE HAS CONSISTENTLY ENGAGED IN A VARIETY OF OTHER CHARITABLE EFFORTS AND CONTRIBUTIONS. IN 2018, GALLOWAY RIDGE ASSISTED RESIDENTS WHO COULD NOT PAY THEIR MONTHLY SERVICE FEE AND MADE CASH DONATIONS TO LOCAL NONPROFITS ($100,000).SOON AFTER OPENING, IN 2006, THE GALLOWAY RIDGE CHARITABLE FUND WAS ESTABLISHED AT THE RECOMMENDATION OF THE BOARD OF DIRECTORS' SOCIAL ACCOUNTABILITY COMMITTEE, A STANDING COMMITTEE OF THE BOARD. THE CHARITABLE FUND WAS ORGANIZED AND CONTINUES TO OPERATE FOR THE FOLLOWING PURPOSES:(A) TO CARRY OUT THE MISSION OF GALLOWAY RIDGE AS STATED IN THE GALLOWAY RIDGE BYLAWS.(B) TO PROVIDE OR FUND "CHARITY CARE," DEFINED AS THE UNREIMBURSED COSTS TO GALLOWAY RIDGE OF PROVIDING HEALTHCARE, HOUSING OR OTHER SERVICES TO RESIDENTS WHO ARE UNABLE TO PAY FOR ALL OR PART OF THE SERVICES RENDERED.(C) TO PROVIDE OR FUND "COMMUNITY BENEFITS," DEFINED AS THE UNREIMBURSED COSTS TO GALLOWAY RIDGE OF PROVIDING THE FOLLOWING:I. SERVICES, INCLUDING HEALTH, RECREATION, COMMUNITY RESEARCH, AND EDUCATION ACTIVITIES PROVIDED TO THE COMMUNITY AT LARGE, INCLUDING THE ELDERLY.II. CHARITABLE DONATIONS.III. DONATED VOLUNTEER SERVICES.IV. DONATIONS AND VOLUNTARY PAYMENTS TO GOVERNMENT AGENCIES.(D) TO SOLICIT, RECEIVE, ADMINISTER, INVEST AND DISTRIBUTE FUNDS FOR THE PURPOSES LISTED ABOVE.CONTRIBUTIONS TO THE GALLOWAY RIDGE CHARITABLE FUND MAY BE DESIGNATED THESE PURPOSES: I) SUPPORT FOR GALLOWAY RIDGE RESIDENTS WHO MAY NEED ASSISTANCE WITH FEES IN THE FUTURE BECAUSE OF DIFFICULT FINANCIAL CIRCUMSTANCES; II) SUPPORT OF THE CHATHAM COMMUNITY; GALLOWAY RIDGE AND ITS RESIDENTS HAVE FOSTERED AND ESTABLISHED RELATIONSHIPS WITH NUMEROUS AGENCIES AND ORGANIZATIONS THROUGHOUT THE COMMUNITY INCLUDING THE FOLLOWING:ALZHEIMER'S OF NC 5K, AGAPE CORNER SCHOOL, ACKLAND MUSEUM, AMERICAN RED CROSS BAHAMA RURITAN CLUB, BELLEVUE SCHOOL, C.A.S.T., CAMP ROYALL, CAMPBELL UNIVERSITY CHORAL, CARE PROJECT, CAROLINA TIGER RESCUE, CENTER FOR LITERACY & DISABILITY STUDIES, CHAPEL HILL MEALS ON WHEELS, CHAPEL OF THE CROSS, CHAPEL IN THE PINES, CHATHAM COUNTY ALZHEIMER'S CHATHAM COUNTY DEMOCRATS, CHATHAM COUNTY LINE, CHATHAM COUNTY SCHOOLS, CHATHAM COUNCIL ON AGING, CHATHAM COUNTY GOVERNMENT, CHATHAM COUNTY SCIENCE FAIR CHATHAM HOSPICE, CHATHAM LITERACY COUNCIL, CHRIST UNITED METHODIST CHURCH, CINDERELLA CLOSET, COUNTY LINE NEWSPAPER, COUPONS FOR THE TROOPS, CORA, CRSA-LCS-RAC, DUKE RESEARCH PROJECT, DUPLIN COUNTY HISTORICAL SOCIETY, EARTH ECHO INTERNATIONAL, EAST CHATHAN ELEMENTARY SCHOOL, EAST CARY MIDDLE SCHOOL, FARM AT PENNY LANE, FRIENDS OF THE PITTSBORO LIBRARY, GUILFORD COLLEGE HABITAT FOR HUMANITY, HAPPENING INC., HEALTHCARE WORKS, HOLY TRINITY LUTHERAN CHURCH, HOME HEALTH FOUNDATION, INTERFAITH COUNCIL, INTERNATIONAL COUNCIL ON ACTIVE LIVING, JUSTICE UNITED OF ORANGE COUNTY, KINGSWOOD ELEMENTARY SCHOOL, LEADING AGE, LINAS BLANKET PROJECT, LYSTRA BAPTIST CHURCH, MARIPOSA SCHOOL, MILO HOLT WESTERN FESTIVAL COMMITTEE, NC BOTANICAL GARDEN, NCCS SYSTEM: ECONOMIC WORKFORCE DEVELOPMENT, NEIGHBORS HELPING NEIGHBORS, NCCCRA, NEARLY NICE SHOP, NORTH CHATHAM ELEMENTARY SCHOOL, ODYESY STAGE, PEO, PITTSBORO UNITED METHODIST CHURCH, RESTORE, SALVATION ARMY-BELL RINGERS, SALVATION ARMY - ANGEL TREE TAGS, SIERRA CLUB, SPENCE SCHOLARSHIP, STOP HUNGER NOW, SYNAGOGUE, ST BART'S, ST JOHNS LUTHERAN CHURCH, ST THOMAS MORE CHURCH, TRIANGLE J COUNCIL OF GOVERNMENTS, UNITED METHODIST WOMAN, UNITED WAY OF CHATHAM COUNTY, UNIVERSITY WOMAN'S CLUB, UNIVERSITY UNITED METHODIST CHURCH, UNC ALLIED HEALTH CAMPAIGN, UNC ALUMNI ASSOC., UNC HILLEL, UNC-HOSPICE, UNC-HOSPITAL ELVES & ANGELS, UNC HOSPITAL, UNC - MEDICAL SCHOOL MENTORING, UNIVERSAL DESIGN INSTITUTE, US NATIONAL PARK SERVICE, US NAVAL ACADEMY BLUE & GOLDFFICERS, VITA, LITERACY COUNCIL, AND TIGER RESCUE.	Desc
Total Program Service Expenses	$27,316,577	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	109	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	526	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	Yes (1)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (1)	NondeductibleContriDisclInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
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	12	GoverningBodyVotingMembersCnt
Independent Voting Member	12	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	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
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	DANA BOYLAN-WALKER	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9195452603	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3000 GALLOWAY RIDGE	AddressLine1Txt
City	PITTSBORO	CityNm
State Abbreviation	NC	StateAbbreviationCd
ZIP	27312	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
ROB NELSON
CHAIR & DIRECTOR	5.00	Yes (X)	Yes (X)	$0	$0	$0
ALAN RIMER
VICE-CHAIR & DIRECTOR	5.00	Yes (X)	Yes (X)	$0	$0	$0
ALEX WELLER
SECRETARY & DIRECTOR	5.00	Yes (X)	Yes (X)	$0	$0	$0
TODD PETERSON
TREASURER & DIRECTOR	5.00	Yes (X)	Yes (X)	$0	$0	$0
LYNDA BROWER-ISABEL
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
STAN CAMBELL
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
BOB ENDERS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
MATT EWEND
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
VALERIE HARRIS
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
KELLY MACKAY
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
STAN MANDEL
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
SAM WILLIAMSON
BOARD MEMBER	1.00	Yes (X)		$0	$0	$0
BOB ZIMMER
CEO/EXECUTIVE DIRECTOR	50.00		Yes (X)	$207,610	$0	$25,186
DANA BOYLAN-WALKER
SR. DIRECTOR OF FINANCE	50.00		Yes (X)	$108,486	$0	$16,332
ADAM MELTON
ASSOCIATE EXECUTIVE DIRECTOR	50.00			$121,817	$0	$23,583	Yes (X)
MELISSA JOHNSON
SR. DIRECTOR OF MARKETING	50.00			$121,463	$0	$32,612	Yes (X)
KATHRYN TURNER
SR. DIRECTOR OF HUMAN RESOURCES	50.00			$116,155	$0	$14,986	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$675,531	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$112,699	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	5	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
REHABCARE GROUP INC
PO BOX 503534	ST LOUIS	MO	631503534	MEDICAL SERVICES	$1,132,477
WEAVER COOKE CONSTRUCTION LLC
8401 KEY BLVD	GREENSBORO	NC	27409	CONSTRUCTION SERVICES	$908,901
BLAND LANDSCAPING
PO BOX 727	APEX	NC	27501	LANDSCAPING SERVICES	$313,429
UNC SCHOOL OF MEDICINE
DEPT OF MED CB7005 125 MACNAIDER	CHAPEL HILL	NC	275997005	MEDICAL SERVICES	$287,962
RIITHINK LLC
103 LLOYD STREET SUITE 200	CARRBORO	NC	27510	MARKETING & MEDIA SERVICES	$259,972

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	7	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$818,970	AllOtherContributionsAmt
Total Contributions	$818,970	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	RESIDENT SERVICES	Desc
Business	623000	BusinessCd
Total Revenue Column	$29,590,200	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,590,200	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$29,590,200	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$698,380	TotalRevenueColumnAmt
Exclusion	$698,380	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$66,671	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$66,671	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$66,671	TotalRevenueColumnAmt
Exclusion	$66,671	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	GUEST/EMPLOYEE/OTHER DINING SERVI	Desc
Business	900099	BusinessCd
Total Revenue Column	$136,332	TotalRevenueColumnAmt
Exclusion	$136,332	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$136,332	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$31,310,553	TotalRevenueColumnAmt
Related Or Exempt Func Income	$29,590,200	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$901,383	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$100,000	TotalAmt
Program Services	$100,000	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$357,614	TotalAmt
Management And General	$357,614	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,648,156	TotalAmt
Program Services	$8,449,689	ProgramServicesAmt
Management And General	$1,198,467	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$73,974	TotalAmt
Program Services	$62,470	ProgramServicesAmt
Management And General	$11,504	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,713,972	TotalAmt
Program Services	$1,447,418	ProgramServicesAmt
Management And General	$266,554	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$722,274	TotalAmt
Program Services	$609,947	ProgramServicesAmt
Management And General	$112,327	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$84,404	TotalAmt
Management And General	$84,404	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$105,888	TotalAmt
Management And General	$105,888	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$2,014,443	TotalAmt
Program Services	$1,666,079	ProgramServicesAmt
Management And General	$348,364	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$274,757	TotalAmt
Program Services	$47,019	ProgramServicesAmt
Management And General	$227,738	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,380,440	TotalAmt
Program Services	$1,068,339	ProgramServicesAmt
Management And General	$312,101	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$215,866	TotalAmt
Program Services	$20,742	ProgramServicesAmt
Management And General	$195,124	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,023,949	TotalAmt
Program Services	$2,023,949	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$29,121	TotalAmt
Program Services	$6,211	ProgramServicesAmt
Management And General	$22,910	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$90,763	TotalAmt
Program Services	$9,734	ProgramServicesAmt
Management And General	$81,029	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,971,136	TotalAmt
Program Services	$3,971,136	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,801,569	TotalAmt
Program Services	$4,801,569	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$460,488	TotalAmt
Program Services	$244,750	ProgramServicesAmt
Management And General	$215,738	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
DIETARY EXPENSE	$1,401,095	$1,401,095
MEDICAL SUPPLIES	$1,386,049	$1,386,049
MISCELLANEOUS	$381	$381

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$30,856,339	TotalAmt
Program Services	$27,316,577	ProgramServicesAmt
Management And General	$3,539,762	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$8,336,295	BOYAmt
EOY	$7,296,074	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$621,302	BOYAmt
EOY	$715,874	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$911,064	BOYAmt
EOY	$697,555	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$115,598	BOYAmt
EOY	$104,607	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$392,733	BOYAmt
EOY	$440,380	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$132,972,113	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$43,993,513	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$89,789,886	BOYAmt
EOY	$88,978,600	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$20,164,455	BOYAmt
EOY	$20,047,278	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,698,408	BOYAmt
EOY	$8,099,791	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$11,572,217	BOYAmt
EOY	$10,001,691	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$140,601,958	BOYAmt
EOY	$136,381,850	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,478,195	BOYAmt
EOY	$3,948,208	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$102,527,423	BOYAmt
EOY	$100,558,469	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$70,213,916	BOYAmt
EOY	$68,725,268	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,155,897	BOYAmt
EOY	$3,813,725	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$178,375,431	BOYAmt
EOY	$177,045,670	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$39,739,149	BOYAmt
EOY	-$42,633,132	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,965,676	BOYAmt
EOY	$1,969,312	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$37,773,473	BOYAmt
EOY	-$40,663,820	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$140,601,958	BOYAmt
EOY	$136,381,850	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$454,214	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$863,422	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	-$2,481,140	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	$1,457,251	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$527,499	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$560,543	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$762,210	CurrentTaxYearMinus1YearAmt
Current Tax Year	$818,970	CurrentTaxYearAmt
Total	$4,126,473	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$25,001,431	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,053,922	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$26,876,085	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$28,555,376	CurrentTaxYearMinus1YearAmt
Current Tax Year	$29,590,200	CurrentTaxYearAmt
Total	$138,077,014	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$160,959	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$148,236	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$148,427	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$126,791	CurrentTaxYearMinus1YearAmt
Current Tax Year	$136,332	CurrentTaxYearAmt
Total	$720,745	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$26,619,641	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,729,657	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$27,585,055	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$29,444,377	CurrentTaxYearMinus1YearAmt
Current Tax Year	$30,545,502	CurrentTaxYearAmt
Total	$142,924,232	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$396,307	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$219,636	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$167,509	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$212,034	CurrentTaxYearMinus1YearAmt
Current Tax Year	$174,884	CurrentTaxYearAmt
Total	$1,170,370	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)
Current Tax Year Minus4 Years	$396,307	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$219,636	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$167,509	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$212,034	CurrentTaxYearMinus1YearAmt
Current Tax Year	$174,884	CurrentTaxYearAmt
Total	$1,170,370	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$141,753,862	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$113,943	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$21,505	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$557,782	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$629,423	CurrentTaxYearMinus1YearAmt
Current Tax Year	$698,380	CurrentTaxYearAmt
Total	$2,021,033	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$113,943	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$21,505	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$557,782	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$629,423	CurrentTaxYearMinus1YearAmt
Current Tax Year	$698,380	CurrentTaxYearAmt
Total	$2,021,033	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$23,871	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$56,439	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year	$12,560	CurrentTaxYearMinus1YearAmt
Total	$92,870	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$26,757,455	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$28,807,601	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$28,142,837	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$30,086,360	CurrentTaxYearMinus1YearAmt
Current Tax Year	$31,243,882	CurrentTaxYearAmt
Total	$145,038,135	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.97740	PublicSupportCY509Pct
Public Support PY509	0.97860	PublicSupportPY509Pct
Investment Income CY	0.01390	InvestmentIncomeCYPct
Investment Income PY	0.01050	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,690,693	OtherCostOrOtherBasisAmt
Book Value	$5,690,693	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$108,615,654	OtherCostOrOtherBasisAmt
Depreciation	$38,078,357	DepreciationAmt
Book Value	$70,537,297	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,647,217	OtherCostOrOtherBasisAmt
Depreciation	$2,330,374	DepreciationAmt
Book Value	$4,316,843	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$9,309,563	OtherCostOrOtherBasisAmt
Depreciation	$3,263,736	DepreciationAmt
Book Value	$6,045,827	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,708,986	OtherCostOrOtherBasisAmt
Depreciation	$321,046	DepreciationAmt
Book Value	$2,387,940	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$88,978,600	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
RESERVE REQUIRED BY STATE STATUTE	$5,833,887
DEFERRED FINANCING COSTS	$2,002,748
SALES TAX RECEIVABLE	$195,744
CHARITABLE FUND	$1,969,312

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$10,001,691	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
REFUNDABLE ENTRANCE FEES	$3,249,725
REFUNDABLE PARKING DEPOSITS	$564,000

Field	Value	IRS element (for citing)
Total Liability	$3,813,725	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$30,447,131	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$863,422	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$863,422	RevenueNotReportedAmt
Revenue Subtotal	$31,310,553	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$31,310,553	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$31,707,986	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$851,647	OtherExpensesIncludedAmt
Expenses Not Reported	$851,647	ExpensesNotReportedAmt
Expenses Subtotal	$30,856,339	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$30,856,339	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE COMPANY IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUES. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE COMPANY HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AT DECEMBER 31, 2018.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	NET ASSETS RELEASED FROM RESTRICTION 851,647.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (10 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
CHATHAM CARES COMMUNITY PHARMACY
127 E RALEIGH STREET	SILER CITY	NC	27344	412170926	$8,100	RENT & UTILITIES FOR CLINIC TO PROVIDE FREE MEDICATION
CORA FOOD PANTRY
40 CAMPT DRIVE	PITTSBORO	NC	27312	561668767	$5,000	FOOD PURCHASE
COMMUNITIES IN SCHOOLS OF CHATHAM COUNTY
208 NORTH CHATHAM AVENUE	SILER CITY	NC	27344	581849144	$5,000	SUPPORT PATICIPATION IN IMPLEMENTATION TEAM TRAINING
CHATHAM COUNTY COUNCIL ON AGING
PO BOX 715	PITTSBORO	NC	27312	561084260	$8,000	PROVIDE RESPITE FOR CAREGIVERS; MEALS & IN-HOME AID FOR SENIORS
EL FUTURO INC
136 E CHAPEL HILL SREET	DURHAM	NC	27701	800122334	$8,000	SALARY FOR STAFF PILOTING A WALK-IN-CLINIC MODEL
LEGAL AID OF NC INC
224 S DAWSON STREET	RALEIGH	NC	27601	311784161	$5,000	PROVIDE SALARY SUPPORT
THE LEARNING TRAIL INC
PO BOX 3061	CHAPEL HILL	NC	27515	471642083	$5,000	PURCHASE FURNITURE/EQUIPMENT FOR EARLY CHILDHOOD CENTER
WEST CHATHAM FOOD PANTRY
126 VILLGE LAKE ROAD	SILER CITY	NC	27344	510634273	$6,000	FOOD PURCHASE
BOYS & GIRLS CLUB OF CENTRAL CAROLINA
1013 CARTHAGE STREET	SANFORD	NC	27330	561923703	$5,000	SUPPORT BOYS AND GIRLS CLUB
CHATHAM HABITAT FOR HUMMANITY
467 WEST STREET	PITTSBORO	NC	27312	561689599	$20,000	FUND AFFORDABLE LIVING HOUSING PROJECTS

Field	Value	IRS element (for citing)
Total501c3 Org	10	Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION PROVIDES FUNDS TO IDENTIFIED COMMUNITY GROUPS IN NEED OF ADDITIONAL SUPPORT. IN THE EVENT THAT THE ORGANIZATION LEARNS THAT FUNDS ARE NOT UTILIZED FOR THE INTENDED PURPOSES, FUTURE AWARDS WOULD BE RESTRICTED TO THOSE ORGANIZATIONS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
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	Yes (1)	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 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
BOB ZIMMER
CEO/EXECUTIVE DIRECTOR	$182,973	$0	$24,637	$0	$0	$0	$8,258	$0	$16,928	$0	$232,796	$0	$0	$0
MELISSA JOHNSON
SR. DIRECTOR OF MARKETING	$90,000	$0	$9,000	$0	$22,463	$0	$9,081	$0	$23,531	$0	$154,075	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 7	FormAndLineReferenceDesc
Explanation	THE EXECUTIVE DIRECTOR AND DEPARTMENTAL HEADS ARE ELIGIBLE FOR PERFORMANCE BONUSES BASED ON AGREED UPON GOALS FOR THE YEAR.	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
NORTH CAROLINA MEDICAL CARE COMMISSION
A	521309402	65820YJJ6	2010-10-21	$75,989,731	SEE PART VI	0	0	0
NORTH CAROLINA MEDICAL CARE COMMISSION
B	521309402		2010-10-21	$19,930,000	SEE PART VI	0	0	0
NORTH CAROLINA MEDICAL CARE COMMISSION
C	521309402	65820YKU9	2014-09-10	$15,495,000	SEE PART VI	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$5,665,000	$61,044,572	$8,231,416	$2,396,890	$1,454,692	$1,157,571	$26,423,121	$23,755,000	$559,359	2012	0	0	Yes (1)
B		$19,930,000		$558,593	$398,600	$1,258,461	$17,714,346			2012	0	Yes (1)	Yes (1)
C	$30,000	$15,500,277	$1,223,896		$309,859			$15,002,641		2014	Yes (1)	0	Yes (1)

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
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)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	Variable Rate IssueVariableRateIssueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	Yes (1)	Yes (1)	Yes (1)
B	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	0
B	0
C	0

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE K, PART I, LINE A, COLUMN F, DESCRIPTION OF PURPOSE:	THE PROCEEDS OF THE 2010A AND 2010B BONDS ARE BEING USED TO CONSTRUCT THE EXPANSION OF 67 INDEPENDENT LIVING UNITS (66 INDEPENDENT LIVING APARTMENTS AND 1 INDEPENDENT LIVING VILLA), 29 ASSISTED LIVING UNITS, OF WHICH 15 ARE DESIGNATED FOR DEMENTIA CARE, AND 24 SKILLED NURSING UNITS, AS WELL AS ADDITIONAL AND RENOVATED SUPPORTIVE COMMON AREAS OF THE PROJECT. ADDITIONALLY, PROCEEDS FROM THE 2010A AND 2010B BONDS WERE USED TO PAY A PORTION OF THE OUTSTANDING LOANS FROM THE BANK OF SCOTLAND AND TO FUND CERTAIN DEBT SERVICE RESERVES AND OTHER COSTS ASSOCIATED WITH ISSUANCE OF THE 2010A AND 2010B BONDS. THE SERIES 2010A BONDS WERE ISSUED AT A DISCOUNT OF $190,269.
SCHEDULE K, PART I, LINE B, COLUMN F, DESCRIPTION OF PURPOSE:	IN OCTOBER 2010, THE ORGANIZATION ISSUED $19,930,000 RETIREMENT FACILITIES FIRST MORTGAGE REVENUE BONDS (GALLOWAY RIDGE PROJECT) SERIES 2010C AS A BANK QUALIFIED LOAN THROUGH THE NORTH CAROLINA MEDICAL CARE COMMISSION. THIS LOAN IS DRAWN UPON AS NEEDED BY THE COMPANY. PROCEEDS WERE USED TO PAY A PORTION OF THE OUTSTANDING LOANS FROM THE BANK OF SCOTLAND, REIMBURSE THE COMPANY FOR COSTS INCURRED FOR PHASE II CONSTRUCTION AND PAY OTHER COSTS ASSOCIATED WITH ISSUANCE OF THE 2010C BONDS.
SCHEDULE K, PART I, LINE C, COLUMN F, DESCRIPTION OF PURPOSE:	IN SEPTEMBER 2014, THE ORGANIZATION ISSUED $15,495,000 OF TAX-EXEMPT, ADJUSTABLE RATE FIRST MORTGAGE REVENUE REFUNDING BONDS THROUGH THE NORTH CAROLINA MEDICAL CARE COMMISSION. OF THE TOTAL AMOUNT, $15,000,000 WAS USED TO REFUND THE SERIES 2010B BONDS. THE REMAINING AMOUNTS WERE USED FOR COSTS OF ISSUANCE AND TO SET UP A DEBT SERVICE REFUND.
SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS:	THE AMOUNT OF TOTAL PROCEEDS PRESENTED ON LINE 3 FOR BOND [A] INCLUDES EARNINGS ON INVESTMENTS AS FOLLOWS: PROCEEDS FROM ISSUANCE (NET OF DISCOUNT): $ 75,989,731 INVESTMENT EARNINGS TO DATE: 54,841 LESS REFUNDED AMOUNT: <$ 15,000,000> TOTAL TO LINE 3: $ 61,044,572
SCHEDULE K, PART II, LINE 11, OTHER SPENT PROCEEDS:	THE AMOUNT ON PART II, LINE 11 FOR BOND [A] REPRESENTS AMOUNTS USED TO CURRENTLY REFUND A CONSTRUCTION LOAN RELATED TO THE 2010 PROJECT THAT IS NOT CLASSIFIED AS A TAX-EXEMPT BOND ISSUE.
SCHEDULE K, PART II, LINE 12, OTHER UNSPENT PROCEEDS:	THE AMOUNT ON PART II, LINE 12 FOR BOND [B] REPRESENTS AMOUNTS NOT YET DRAWN DOWN FROM THE ORIGINAL AGREED ISSUANCE PRICE. THESE FUNDS ARE NOT HELD BY THE ORGANIZATION UNTIL SUCH TIME AS IT REQUISITIONS THEM FOR CONSTRUCTION REIMBURSEMENT.
SCHEDULE K, PART II, LINE 12, OTHER UNSPENT PROCEEDS:	THE AMOUNT ON PART II, LINE 11 FOR BOND [C] REPRESENTS AMOUNTS USED TO CURRENTLY REFUND A CONSTRUCTION LOAN RELATED TO THE 2010 PROJECT THAT IS NOT CLASSIFIED AS A TAX-EXEMPT BOND ISSUE.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION, THE RETURN WAS REVIEWED BY MANAGEMENT AND DISTRIBUTED ELECTRONICALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS WERE GIVEN TIME TO REVIEW, DISCUSS, AND COMMENT PRIOR TO THE FORM BEING ELECTRONICALLY FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY IS REVIEWED BY ALL BOARD MEMBERS ANNUALLY. EACH BOARD MEMBER SIGNS A STATEMENT INDICATING THE UNDERSTANDING OF AND COMPLIANCE WITH THE POLICY. THE CONFLICT OF INTEREST POLICY IS BASED UPON THE IRS MODEL CONFLICT OF INTEREST POLICY.
FORM 990, PART VI, SECTION B, LINE 15	FOR 2018, THE CEO/EXECUTIVE DIRECTOR'S POSITION WAS REVIEWED BY THE PRESIDENT AND BOARD CHARIMAN AND APPROVED BY THE BOARD. OTHER KEY EMPLOYEES HAVE AN ANNUAL REVIEW BY THE CEO/EXECUTIVE DIRECTOR & COMPARABILITY DATA IS REVIEWED ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION C, LINE 18	PHOTOCOPIES OF THE ORGANIZATION'S FORM 1023, FORM 990 AND FORM 990-T ARE AVAILABLE UPON REQUEST. RECENT FILINGS OF THE FORM 990 CAN BE ACCESSED THROUGH GUIDESTAR.ORG, A NON-PROFIT WEBSITE.
FORM 990, PART VI, SECTION C, LINE 19	BYLAWS, WITH ANY CHANGES OR UPDATES, ARE MAINTAINED IN THE RESIDENT LIBRARY AND ARE ALSO AVAILABLE BY REQUEST. THE CONFLICT OF INTEREST POLICY IS INCLUDED IN THE ANNUAL DISCLOSURE STATEMENT. FINANCIAL STATEMENTS ARE PROVIDED QUARTERLY TO THE PRIMARY CREDITOR, BOARD AUDIT & FINANCE COMMITTEE, AND THE RESIDENT FINANCE COMMITTEE AND PROVIDED QUARTERLY TO THE BOARD. THE ANNUAL AUDIT IS PROVIDED ANNUALLY IN THE DISCLOSURE STATEMENT.
FORM 990, PART XI, LINE 9:	PRIOR PERIOD ADJUSTMENT RELATING TO DEFERRED MARKETING -1,629,493. NET ASSETS RELEASED FROM RESTRICTION -851,647.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.