2019-02-15T14:44:57-06:00 2018-09-30 SMITH & HOWARD PC 271 17TH STREET NW SUITE 1600 ATLANTA GA 30363 990 2017-10-01 581491527 KING'S BRIDGE RETIREMENT CENTER INC % KEVIN SHAW KING 4043210263 3055 BRIARCLIFF RD Atlanta GA 303292601 KEVIN SHAW EXECUTIVE DIRECTOR 4044839671 2019-02-15 true MARC AZAR P91739349 4048746244 2019-02-15 50.227.246.66 67983820190465000004 2019-02-15 P D9FCB71CCB3A3DECEBB3BB3635A41A8C05F19104 26BEBD03967F253CFB535D835D0E8B686E885568 2017 2019-02-21 02:37:17Z KEVIN SHAW 3055 BRIARCLIFF RD Atlanta GA 303292601 6808851 false X WWW.KINGSBRIDGE.ORG X 1981 GA Our mission is to provide high-quality housing with a community environment and homelike atmosphere for senior adults. 12 12 54 5 10842 5935 100000 0 6569090 6733590 4814 12287 51660 62974 6725564 6808851 34200 34200 0 0 1836812 1954416 0 0 0 4400582 4460662 6271594 6449278 453970 359573 14296751 14514186 5121165 4979027 9175586 9535159 X OUR MISSION IS TO PROVIDE HIGH-QUALITY HOUSING WITH A COMMUNITY ENVIRONMENT AND HOMELIKE ATMOSPHERE FOR SENIOR ADULTS. KING'S BRIDGE IS DEDICATED TO ENSURING THAT RESIDENTS ARE AFFORDED THE BEST IN ENVIRONMENT, OPPORTUNITIES, AND CARE THROUGH THE SERVICES, PROGRAMS, AND PLANNED ACTIVITIES IT OFFERS. false false 5975556 6733590 INDEPENDENT AND ASSISTED LIVING COMMUNITY PROVIDES RETIREMENT HOUSING AND INDEPENDENT LIVING SUPPORT TO APPROXIMATELY 175 RESIDENTS AND ASSISTED LIVING SUPPORT TO 30 RESIDENTS. 5975556 true false false false false false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false true X 8 0 true 54 true false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false GA X KEVIN SHAW 4049829185 3055 BRIARCLIFF RD NE ATLANTA GA 303292601 X Mary Geurin President/Board Chairman 1.0 0.0 X 0 0 0 Ray Perez V.Pres/Board V.Chair 1.0 0.0 X 0 0 0 Aubon Higgins Treasurer/Board Secretary 1.0 0.0 X 0 0 0 Jeff Bird Trustee 1.0 0.0 X 0 0 0 Jack English Trustee 1.0 0.0 X 0 0 0 Anthony Ferrara Trustee 1.0 0.0 X 0 0 0 Blount Ferrell Trustee 1.0 0.0 X 0 0 0 Karen Lucas Trustee 1.0 0.0 X 0 0 0 Betsy Smith Trustee 1.0 0.0 X 0 0 0 David Sullivan Trustee 1.0 0.0 X 0 0 0 Martha Sue Watkins Trustee 1.0 0.0 X 0 0 0 JoAnn Williams Trustee 1.0 0.0 X 0 0 0 James W Waldrop Executive Director 12/31/17 45.0 0.0 X 177028 0 18204 Kevin Shaw EXECUTIVE DIRECTOR 1/1/2018 45.0 0.0 X 74102 0 19425 Randal Black Business Manager 45.0 0.0 X 47309 0 21572 298439 0 59201 1 false true false GUEST SERVICES INC P O Box 742707 ATLANTA GA 303742707 FOOD SERVICE 721876 ARAMARK P O Box 978839 DALLAS TX 753978839 HOUSEKEEPING 463592 2 X 0 RESIDENCE RENTALS 721310 5048468 5048468 PERSONAL CARE 623000 1554892 1554892 OTHER INCOME 900099 54270 54270 MEALS 722410 75960 75960 6733590 12287 12287 0 0 62974 62974 0 62974 10842 52132 0 0 0 0 0 0 0 0 0 0 0 6808851 6657630 10842 140379 X 0 34200 34200 0 0 316031 316031 0 1335520 1246830 88690 30003 30003 153881 144931 8950 118981 96093 22888 0 0 26500 26500 0 0 0 1945268 1945268 27646 27646 122557 113040 9517 0 0 764041 764041 0 0 3749 2603 1146 214222 214222 0 1073897 1073897 117541 117541 RESIDENT SERVICES 165241 165241 6449278 5975556 473722 0 X 259933 1349608 708345 235175 0 0 26615 31568 0 0 0 0 0 0 0 0 0 0 30065174 17290213 13186258 12774961 0 0 0 0 0 0 0 0 115600 122874 14296751 14514186 238213 344515 0 0 0 0 0 0 0 0 0 0 4766301 4520299 0 0 116651 114213 5121165 4979027 X 9175586 9535159 0 0 0 0 9175586 9535159 14296751 14514186 359573 X false true X true false X 0 0 0 100000 0 100000 6067727 5677542 6331448 6569090 6733590 31379397 0 0 0 6067727 5677542 6331448 6669090 6733590 31479397 0 9940 14385 6878 4289 12695 48187 9940 14385 6878 4289 12695 48187 31431210 83766 83191 87607 56474 64419 375457 5492 5492 83766 83191 87607 56474 69911 380949 0 0 6151493 5760733 6419055 6725564 6803501 31860346 0.98653 0.98641 0.01196 0.01228 X 588967 588967 27908207 16042716 11865491 304467 246889 57578 1263533 1000608 262925 12774961 0 SECURITY DEPOSIT PAYABLE 114213 114213 X 6774651 6774651 34200 34200 6808851 6415078 6415078 34200 34200 6449278 ASC 740 FOOTNOTE The Center has been recognized as an organization exempt from Federal income taxes under Internal Revenue Code (the "Code") Section 501(a) as an organization described in Section 501(c)(3) whereby only unrelated business income, as defined by Section 512(a) of the Code, is subject to Federal income tax. Accordingly, no provision for income taxes is required. The Center annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Center takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Center is subject to examination by the federal and state taxing authorities. In general, the Center is no longer subject to tax examinations for the years ending before September 30, 2015. During December 2017, the President of the United States of America signed into law the Tax Cuts and Jobs Act. Under this Act, corporate tax rates were changed from a graduated tax with a minimum of 35% to a flat rate of 21%. The Center's tax liability for any potential unrelated business income tax should not be significant. There are other changes to the tax law that may affect the Center, but the magnitude of such changes has not been determined. Part XII Line 4B and Part XIII Line 4B GRANT EXPENSE NETTED WITH REVENUE IN THE FINANCIAL STATEMENTS. true NON-CASH 1 34200 REDUCED RENT PART I, LINE 2 THE ORGANIZATION MAINTAINS RECORDS FOR THE ONE INDIVIDUAL THAT RECEIVES ASSISTANCE. IT IS DOCUMENTED AND APPROVED BY THE BOARD. X X X false false false false false false false true false James W Waldrop Executive Director 12/31/17 175528 1500 0 7509 10695 195232 0 BONUS COMPENSATION Christmas bonus of $1500 authorized by the board of directors Part VI, Line 11A THE AUDIT COMMITTEE REVIEWS THE FORM 990 AND MAKES RECOMMENDATIONS TO THE BOARD THAT IT BE FILED. ALL VOTING MEMBERS OF THE BOARD RECEIVE A COPY OF THE FORM 990. Part VI, Line 12C ON AN ANNUAL BASIS, THE TRUSTEES ARE ASKED TO SIGN THAT THEY ARE NOT IN VIOLATION OF THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE ASKED TO DO THE SAME. Part VI, Line 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET AND ADJUSTED BY THE BOARD OF TRUSTEES. THERE ARE NO OTHER OFFICERS THAT RECEIVE COMPENSATION. KEY EMPLOYEES' COMPENSATION IS SET BY THE EXECUTIVE DIRECTOR, AND MERIT INCREASES ARE DETERMINED BY HIM WITH THE APPROVAL OF THE BOARD OF TRUSTEES. Part VI, Line 19 ALL GOVERNING POLICIES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. Part IX, Line 11G OTHER FEES FOR SERVICES ARE COMPRISED OF THE FOLLOWING: CHAPLAIN $34,100 OUTSIDE CONSULTING $21,205 FOOD SERVICE $1,380,861 HOUSEKEEPING SERVICES $463,372 MAINTENANCE SERVICES $45,730 ============================================= TOTAL $1,945,268