CARPENTERS HOME ESTATES INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CARPENTERS HOME ESTATES INC (EIN 59-2347336)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202503189349305260
- Schema version
- 2024v5.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T10:02:46+00:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 440160260 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Forvis Mazars LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 255 South Orange Avenue Suite 600 | AddressLine1Txt |
| City | Orlando | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592347336 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Carpenter's Home Estates Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARP | BusinessNameControlTxt |
| Phone | 8638583847 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 Carpenters Way | AddressLine1Txt |
| City | Lakeland | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33809 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Leo Gillman | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8638583847 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Harry Harp | PreparerPersonNm |
| PTIN | P00176471 | PTIN |
| Phone | 4077405400 | PhoneNum |
| Preparation | 2025-11-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Estates at Carpenters | BusinessNameLine1Txt |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEO GILLMAN | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 Carpenters Way | AddressLine1Txt |
| City | Lakeland | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,273,075 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ESTATESATCARPENTERS.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1984 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE ORGANIZATION DEDICATES A VARIETY OF SERVICES TO MEET THE NEEDS OF ITS RESIDENTS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 7 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 7 | VotingMembersIndependentCnt |
| Total Employee | 336 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $324,599 | PYContributionsGrantsAmt |
| CY Contributions Grants | $41,065 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,330,641 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,222,430 | CYProgramServiceRevenueAmt |
| PY Investment Income | $771,377 | PYInvestmentIncomeAmt |
| CY Investment Income | $983,120 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,620 | PYOtherRevenueAmt |
| CY Other Revenue | -$16,389 | CYOtherRevenueAmt |
| PY Total Revenue | $23,435,237 | PYTotalRevenueAmt |
| CY Total Revenue | $24,230,226 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $618,356 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $603,607 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,014,974 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,527,592 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,940,564 | PYOtherExpensesAmt |
| CY Other Expenses | $10,946,895 | CYOtherExpensesAmt |
| PY Total Expenses | $21,573,894 | PYTotalExpensesAmt |
| CY Total Expenses | $22,078,094 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,861,343 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,152,132 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $65,338,075 | TotalAssetsBOYAmt |
| Total Assets EOY | $66,131,305 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $55,793,175 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $54,380,222 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,544,900 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,751,083 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE ESTATES AT CARPENTERS IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY DEDICATED TO PROVIDING NURSING AND PERSONAL SERVICES TO MEET THE SPIRITUAL, SOCIAL, EMOTIONAL, PHYSICAL AND HEALTH NEEDS OF THE RESIDENTS AND THE COMMUNITY WE SERVE. WE STRIVE TO PROMOTE AND ENHANCE AN ENVIRONMENT THAT ENCOURAGES DIGNITY, PERSONAL GROWTH, HAPPINESS AND SELF-ESTEEM WHILE VALUING A SENSE OF PURPOSE AND INDEPENDENCE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $13,483,904 | ExpenseAmt |
| Revenue | $16,217,076 | RevenueAmt |
| Desc | CARPENTER'S HOME ESTATES, INC. OPERATES 372 INDEPENDENT LIVING APARTMENTS AS PART OF THE CONTINUING CARE RETIREMENT COMMUNITY. THE INDEPENDENT LIVING APARTMENTS PROVIDE FINANCIAL SUPPORT TO THE OPERATING ACTIVITIES OF THE SKILLED NURSING FACILITY AND THE ASSISTED LIVING FACILITY. THE ESTATES OPERATES A WELLNESS CLINIC STAFFED BY LICENSED NURSES TO PROVIDE OVERSIGHT OF RESIDENT HEALTH CONCERNS, COMMUNICATE WITH MEDICAL PROVIDERS TO IMPROVE CARE AND MINIMIZE WASTE, AND TO ASSIST IN THE COORDINATION OF OUTSIDE MEDICAL SERVICES. THE RESIDENT AGREEMENT EXECUTED AT ADMISSION TO THE COMMUNITY PROVIDES RESIDENTS WITH A SENSE OF SECURITY AND PEACE OF MIND BY GUARANTEEING THE PROVISIONS OF SERVICES AND SUPPORT FOR THE REST OF THEIR LIVES REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,806,339 | ExpenseAmt |
| Grant | $603,607 | GrantAmt |
| Revenue | $5,740,579 | RevenueAmt |
| Desc | CARPENTER'S HOME ESTATES, INC. OPERATES A 49-UNIT ASSISTED LIVING FACILITY WITH A LICENSED OCCUPANCY OF 52 RESIDENTS. THE FACILITY HOLDS AN EXTENDED CONGREGATE CARE LICENSE TO ALLOW FOR THE PROVISION OF NURSING SERVICES TO THE RESIDENTS. THIS SPECIALTY LICENSE ENABLES THE FACILITY TO EXPAND THE NUMBER AND TYPES OF SERVICES PROVIDED TO THE RESIDENTS WITH THE INTENT OF ALLOWING THEM TO "AGE IN PLACE." THIS LICENSE AND STAFFING PATTERN, WHICH INCLUDES 24-HOUR-A-DAY NURSING COVERAGE, PERMITS THE RESIDENTS TO AGE WITH DIGNITY AND POSTPONES THEIR TRANSFER TO SKILLED NURSING, WHICH HAS A HIGHER COST THAN ASSISTED LIVING. IN 2024, 90% OF THE RESIDENTS SERVED IN THE ASSISTED LIVING FACILITY WERE RECEIVING LIFECARE BENEFITS. THROUGH THEIR RESIDENT AGREEMENT, THESE RESIDENTS RECEIVE A GUARANTEE FOR THE PROVISION OF SERVICES AND SUPPORT REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,051,614 | ExpenseAmt |
| Revenue | $1,264,775 | RevenueAmt |
| Desc | CARPENTER'S HOME ESTATES, INC. ("THE ESTATES") OPERATES A 72-BED SKILLED NURSING FACILITY AND PARTICIPATES IN THE MEDICARE AND MEDICAID PROGRAMS. IN 2024, 40% OF THE TOTAL PATIENT DAYS SERVICED IN THE NURSING HOME WERE RECEIVING LIFECARE BENEFITS. THROUGH THEIR RESIDENT AGREEMENT, THESE RESIDENTS RECEIVE A GUARANTEE FOR THE PROVISION OF SERVICES REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN ADDITION, THE ESTATES DEMONSTRATE COMMITMENT TO THE SERVICE AND SUPPORT OF THE INDIGENT ELDERLY POPULATION OF THE LOCAL COMMUNITY. IN 2024, 21% OF THE TOTAL PATIENT DAYS IN THE SKILLED NURSING COMPONENT WERE FOR CARE PROVIDED TO RESIDENTS COVERED BY THE MEDICAID PROGRAM. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $19,341,857 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| 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 | Yes (true) | 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 | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | 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 |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 11 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 336 | 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 | 7 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 7 | 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 |
| Policies Reference Chapters | false | PoliciesReferenceChaptersInd |
| 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 | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Written Policy Or Procedure | false | WrittenPolicyOrProcedureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brian Robare | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8638583847 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1001 CARPENTERS WAY | AddressLine1Txt |
| City | LAKELAND | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33809 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (12 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 |
|---|---|---|---|---|---|---|---|
| DAVID VESPA | |||||||
| VICE PRESIDENT | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LEO GILLMAN | |||||||
| PRESIDENT | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LOU MCCRANEY | |||||||
| SECRETARY/TREASURER | 2.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID SCRUGGS | |||||||
| BOARD MEMBER | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| HARVEY MABE | |||||||
| BOARD MEMBER | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH GOSS | |||||||
| BOARD MEMBER | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| WALTER LAIDLER | |||||||
| BOARD MEMBER | 2.0 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN ROBARE | |||||||
| CEO & EXECUTIVE DIRECTOR | 40.0 | Yes (X) | $316,291 | $0 | $43,838 | ||
| ANGELA LAYFIELD | |||||||
| COO | 40.0 | $122,242 | $0 | $12,804 | Yes (X) | ||
| CYNTHIA AYALA | |||||||
| ADMININISTRATOR | 40.0 | $142,687 | $0 | $8,003 | Yes (X) | ||
| LILYBETH LUCAS | |||||||
| THERAPY DIRECTOR | 40.0 | $127,783 | $0 | $27,572 | Yes (X) | ||
| SHERI TURNER | |||||||
| DIRECTOR OF FINANCE | 40.0 | $94,928 | $0 | $19,927 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $803,931 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $112,144 | 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 | Address Line2ContractorAddress/USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|
| SCHMID CONSTRUCTION | ||||||
| 15690 W COLONIAL DRIVE | WINTER GARDEN | FL | 34787 | CONTRACTOR | $3,755,031 | |
| US FOODS INC | ||||||
| PO BOX 281841 | ATLANTA | GA | 303841841 | FOOD SERVICES | $604,888 | |
| EVANGELISTO CONSTRUCTION LLC | ||||||
| 2426 EDENFIELD PLACE | LAKELAND | FL | 33801 | CONTRACTOR | $581,010 | |
| CFI | ||||||
| 4450 E ADAMO DR | TAMPA | FL | 33605 | CONTRACTOR | $456,821 | SUITE 506 |
| ANIXTER INC | ||||||
| PO Box 842591 | Dallas | TX | 752842591 | CONTRACTOR | $282,642 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $9,787 | FundraisingAmt |
| All Other Contributions | $31,278 | AllOtherContributionsAmt |
| Total Contributions | $41,065 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| APARTMENT SERVICE FEES | 623000 | $12,336,004 | $12,336,004 |
| SKILLED NURSING | 623000 | $5,740,579 | $5,740,579 |
| EARNED ENTRANCE FEES | 623000 | $3,582,365 | $3,582,365 |
| ASSISTED LIVING FEES | 623000 | $1,264,776 | $1,264,776 |
| OTHER RESIDENT SERVICE | 623000 | $298,706 | $298,706 |
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 | $23,222,430 | TotalProgramServiceRevenueAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $983,120 | TotalRevenueColumnAmt |
| Exclusion | $983,120 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $26,460 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $9,787 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $42,849 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$16,389 | TotalRevenueColumnAmt |
| Exclusion | -$16,389 | 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 | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,230,226 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,222,430 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $966,731 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $603,607 | TotalAmt |
| Program Services | $603,607 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,056,515 | TotalAmt |
| Program Services | $8,050,914 | ProgramServicesAmt |
| Management And General | $1,005,601 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,614 | TotalAmt |
| Program Services | $43,766 | ProgramServicesAmt |
| Management And General | $3,848 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $744,393 | TotalAmt |
| Program Services | $677,810 | ProgramServicesAmt |
| Management And General | $66,583 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $679,070 | TotalAmt |
| Program Services | $591,831 | ProgramServicesAmt |
| Management And General | $87,239 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $116,272 | TotalAmt |
| Program Services | $103,587 | ProgramServicesAmt |
| Management And General | $12,685 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,610 | TotalAmt |
| Management And General | $20,610 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $215,170 | TotalAmt |
| Program Services | $95,170 | ProgramServicesAmt |
| Management And General | $120,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,942 | TotalAmt |
| Program Services | $200 | ProgramServicesAmt |
| Management And General | $312,742 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,429 | TotalAmt |
| Program Services | $125,441 | ProgramServicesAmt |
| Management And General | $117,988 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,674,368 | TotalAmt |
| Program Services | $1,276,917 | ProgramServicesAmt |
| Management And General | $397,451 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,099 | TotalAmt |
| Program Services | $43,459 | ProgramServicesAmt |
| Management And General | $32,640 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,490,437 | TotalAmt |
| Program Services | $1,490,437 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,236,743 | TotalAmt |
| Program Services | $4,152,742 | ProgramServicesAmt |
| Management And General | $84,001 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $700,685 | TotalAmt |
| Program Services | $357,340 | ProgramServicesAmt |
| Management And General | $343,345 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DIETARY | $1,158,007 | $1,143,003 | $15,004 |
| SUPPLIES | $507,018 | $413,754 | $93,264 |
| PRESCRIPTIONS | $74,068 | $74,068 | $0 |
| BARBER AND BEAUTY | $50,835 | $50,835 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,212 | TotalAmt |
| Program Services | $46,976 | ProgramServicesAmt |
| Management And General | $23,236 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,078,094 | TotalAmt |
| Program Services | $19,341,857 | ProgramServicesAmt |
| Management And General | $2,736,237 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $613,242 | BOYAmt |
| EOY | $1,649,545 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,367,111 | BOYAmt |
| EOY | $2,406,459 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $984,042 | BOYAmt |
| EOY | $1,332,423 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $284,345 | BOYAmt |
| EOY | $112,600 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,758 | BOYAmt |
| EOY | $57,600 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $943,898 | BOYAmt |
| EOY | $139,820 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $94,797,968 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $54,902,491 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,552,994 | BOYAmt |
| EOY | $39,895,477 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $12,412,734 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,619,459 | BOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,875,226 | BOYAmt |
| EOY | $8,124,647 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,338,075 | BOYAmt |
| EOY | $66,131,305 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,934,973 | BOYAmt |
| EOY | $2,595,194 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,024,394 | BOYAmt |
| EOY | $18,421,283 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,367,308 | BOYAmt |
| EOY | $32,868,745 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $410,000 | BOYAmt |
| EOY | $430,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,500 | BOYAmt |
| EOY | $65,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $55,793,175 | BOYAmt |
| EOY | $54,380,222 | EOYAmt |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,544,900 | BOYAmt |
| EOY | $11,751,083 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,544,900 | BOYAmt |
| EOY | $11,751,083 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,338,075 | BOYAmt |
| EOY | $66,131,305 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,152,132 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $54,051 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
| 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 | $1,783,515 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $454,921 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,956 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $324,599 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $41,065 | CurrentTaxYearAmt |
| Total | $2,607,056 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,164,542 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,178,435 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,925,201 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $21,856,865 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,923,724 | CurrentTaxYearAmt |
| Total | $100,048,767 | 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 | $20,948,057 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,633,356 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,928,157 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,181,464 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $22,964,789 | CurrentTaxYearAmt |
| Total | $102,655,823 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| 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 |
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 | $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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $102,655,823 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $397,314 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $114,838 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $186,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $771,377 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $983,120 | CurrentTaxYearAmt |
| Total | $2,453,028 | 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 | $397,314 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $114,838 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $186,379 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $771,377 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $983,120 | CurrentTaxYearAmt |
| Total | $2,453,028 | 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 | $738,421 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $279,248 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $217,218 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $473,776 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $298,706 | CurrentTaxYearAmt |
| Total | $2,007,369 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $22,083,792 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $19,027,442 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $18,331,754 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,426,617 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,246,615 | CurrentTaxYearAmt |
| Total | $107,116,220 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95836 | PublicSupportCY509Pct |
| Public Support PY509 | 0.96269 | PublicSupportPY509Pct |
| Investment Income CY | 0.02 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0184 | 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 - RESIDENT SERVICE REVENUE, COLUMN A - 738421.0, COLUMN B - 279248.0, COLUMN C - 217218.0, COLUMN D - 473776.0, COLUMN E - 298706.0, COLUMN F - 2007369.0; | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,143,617 | OtherCostOrOtherBasisAmt |
| Book Value | $2,143,617 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $77,110,614 | OtherCostOrOtherBasisAmt |
| Depreciation | $47,680,338 | DepreciationAmt |
| Book Value | $29,430,276 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,283,411 | OtherCostOrOtherBasisAmt |
| Depreciation | $7,175,908 | DepreciationAmt |
| Book Value | $1,107,503 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $7,260,326 | OtherCostOrOtherBasisAmt |
| Depreciation | $46,245 | DepreciationAmt |
| Book Value | $7,214,081 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $39,895,477 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| INVESTMENTS WHOSE USE IS LIMITED | $7,889,293 |
| UTILITY DEPOSITS | $81,115 |
| CONTRACT ACQUISITION COSTS | $154,239 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $8,124,647 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Federal Income Taxes | |
| ENTRANCE FEE DEPOSITS | $65,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $65,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $23,767,386 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $54,051 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$559,740 | OtherRevenueAmt |
| Revenue Not Reported | -$505,689 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,273,075 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$42,849 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$42,849 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,230,226 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $21,561,203 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $42,849 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $42,849 | ExpensesNotReportedAmt |
| Expenses Subtotal | $21,518,354 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $559,740 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $559,740 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,078,094 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | THE ESTATES IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, WITH FEW EXCEPTIONS, THE ESTATES IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS ON ITS FEDERAL INCOME TAX RETURNS PRIOR TO 2020. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | GRANTS INCLUDED IN INCOME - -559740 |
| Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements | FUNDRAISING EVENT EXPENSES - -42849 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | FUNDRAISING EVENT EXPENSES - 42849 |
| Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements | GRANTS INCLUDED IN INCOME - 559740 |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | K9 For Cops | Event1Nm |
| Gross Receipts Event1 | $36,247 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $9,787 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $26,460 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $18,599 | RentFacilityCostsEvent1Amt |
| Entertainment Event1 | $9,750 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $14,500 | OtherDirectExpensesEvent1Amt |
| Gross Revenue Event2 | $0 | GrossRevenueEvent2Amt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Gross Receipts Total | $36,247 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $9,787 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $26,460 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $18,599 | RentFcltyCostsTotalEventsAmt |
| Entertainment Total Events | $9,750 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $14,500 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $42,849 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$16,389 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| Subsidy | 10 | $157,531 | $0 | FMV | To help subsidize their monthly LifeCare mainenance fee |
| Advantage | 17 | $446,076 | $0 | FMV | To help less advantage renters be able to live here |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part III, Column (b) Estimated Number Of Recipients | Subsidy : N/A |
| Schedule I, Part III, Column (b) Estimated Number Of Recipients | Advantage : N/A |
| Schedule I, Part I, Line 2 SOCIAL ACCOUNTABILITY PROGRAM | Carpenter's Home Estates, Inc. (the "Estates") demonstrates commitment to the mission of the organization and the local community through our Social Accountability efforts. Our organization believes that, as a not-for-profit, we have a responsibility to make a difference in our local community. Our Carpenter's Cares program commits time and financial resources to making a difference in the lives of our residents, staff, families, and community that we are privileged to serve. The Estates believes that any commitment to making a difference in the local community must first ensure that their dedicated staff is appreciated and supported. Our employee engagement program is designed to say, "thank you," but instances do arise when a staff member encounters an unexpected hardship. Following the adage that "charity begins at home," the Carpenters Cares program offers financial support to employees facing a financial, health, or other personal crisis that severely impacts their ability to maintain their day-to-day activities and responsibilities. This program has aided with unexpected medical bills, groceries, rent and mortgage payments, and electric bills. In 2024, $4,015.30 of assistance was provided to employees through this program and since the inception of this program over $49,823. Polk Works recognized this commitment to our employees when the Estates received a "Best Places to Work" award for the 15th consecutive year. In addition, holiday food drives and school supply drives ensure that our employees can enjoy a holiday meal with their family and send their child to school prepared. Our Resident's Association collects and sorts through furniture and clothing donations throughout the year. These donations help to fund an employee scholarship program and help charities in the local community. Beneficiaries of our giving include Peace River Center, Lighthouse Ministries, Lakeland Habitat for Humanity, Florida Baptist Children's Home, Clark's House, and Shriner's Hospital for Children. A sample of the organization's support for local community efforts include: - Financial support of the Polk Senior Games and host of the chess tournament - Financial support for the annual fundraiser of Volunteers in Service to the Elderly - The donation of "goodie" bags to the Polk Senior Games for the annual informational health expo - The donation of wooden toys made by residents to our local fire department and police and sheriff's offices. - Sponsorship of the Lakeland and Winter Haven Senior softball teams - Financial support and employee and resident participation in the Walk to End Alzheimers - Hosted a National Night Out Event to raise awareness in the local community - Hosted a breakfast meeting of Better Living for Seniors, a coalition of organizations that provide services to seniors The holidays are always such an enjoyable time for the Estates' family and provide the perfect opportunity to share with the community. In 2024, The Estates provided 342 Thanksgiving meals to Project Care Outreach. This program offers these meals to shut-ins and those less fortunate. Every year, the Estates sponsors a collection of new, unwrapped toys for the Lakeland Police Department's "Cops for Kids" campaign and provides financial support for this wonderful program that benefits children from the local community and helps to ensure that each child has a present to unwrap on Christmas morning. Estates' employees through a Secret Santa program embrace the spirit of giving for health center residents. The employees purchase gifts for our residents and Santa makes a special visit at the annual Christmas party. The smiles are priceless! As a member of the business community, the Estates actively participates in the Florida Chamber of Commerce, the Lakeland Area Chamber of Commerce, and other functions in the City of Lakeland. The Estates purchased a Food Truck for community outreach and in 2024 provided meals to the following organizations: - Lakeland Fire Department - Resurrection Catholic School - North Lakeland Elementary - Lakeland Sr Softball Team - Victory Church - Lakeland Rotary Club Golf Tournament - Fundraiser for the Freedom Flight - VISTE - Snacks for volunteers who deliver Thanksgiving meals - Lakeland Volunteers In Medicine The Estates continues to offer the talents of its employees to local organizations, including Better Living for Seniors and the Alzheimer's Association. In addition, employees volunteer their time and expertise for LeadingAge Florida, Florida Health Care Association, University of South Florida, and the City of Lakeland Leadership Council for Seniors. The Estates provides meeting space to many organizations that serve the local community. In 2023, the Estates welcomed the following organizations to its campus: - Alzheimer's Association - Gideon's - K9s For Cops - Polk County Emergency Management Because charity does begin at home, Estates' residents have a special affinity to volunteering within the Estates' community itself. Whether it is residents who visit other residents in the health center or residents who volunteer by answering phones, the Estates is the grateful recipient of their spirit of giving. Over 150 Estates' residents offer their time and talent to make the Estates a wonderful, caring place to live. The "Advantage Program" was developed to open the community to individuals who would not otherwise be able to live at the Estates. Working with area churches and ministers, this program designates twenty-five apartments for this purpose. The individuals selected enjoy the same access to services and amenities and become a part of the community. In 2024, the monthly fees for these 17 residents were discounted by fifty-eight percent, which amounted to $446,076 off the prevailing fee schedule. The Carpenter's Cares program is immensely proud of a joint effort with the Polk County Sheriff's Office called K9s for Cops. This program recognizes the value of law enforcement to the greater community and raises money to purchase K9s for the Sheriff's Office. To date, over $472,676.18 has been raised and twenty-eight dogs have been purchased and placed into service. The future of the Carpenter's Cares program is exciting and the role of Carpenter's Home Estates in the community mirrors our corporate mission statement: "The Estates at Carpenters is a not-for-profit Retirement Community dedicated to providing care and services to meet the spiritual, social, emotional, physical, and health needs of the residents and community we serve. We strive to promote and enhance an environment that encourages dignity, personal growth, happiness, and self-esteem while valuing a sense of purpose and independence." The Commitment to Caring program continues to grow and expand as we identify additional ways to serve and benefit the local community, our residents, and our staff members. Over our 37 plus years of service, our commitment to the community continues to grow and reflects the rich tradition and long-standing values of our community. Our goal is simple...we want to continue to emphasize quality and service to our residents, staff, and the community at large. We will continue to be a community "where quality of life is celebrated a community partner committed to making a difference. |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds | PLEASE SEE PART IV FOR THE SOCIAL ACCOUNTABILITY PROGRAMS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRIAN ROBARE | ||||||||||||||
| CEO & EXECUTIVE DIRECTOR | $316,291 | $0 | $0 | $0 | $0 | $0 | $30,500 | $0 | $13,338 | $0 | $360,129 | $0 | $0 | $0 |
| LILYBETH LUCAS | ||||||||||||||
| THERAPY DIRECTOR | $127,783 | $0 | $0 | $0 | $0 | $0 | $7,086 | $0 | $20,486 | $0 | $155,355 | $0 | $0 | $0 |
| CYNTHIA AYALA | ||||||||||||||
| ADMININISTRATOR | $142,687 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $8,003 | $0 | $150,690 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Polk County Industrial Development Authority (Florida) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP | 73112JAD2 | CUSIPNum |
| Bond Issued | 2019-06-12 | BondIssuedDt |
| Issue Price | $32,800,000 | IssuePriceAmt |
| Purpose | See Supplemental Information | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $1,620,000 | RetiredAmt |
| Total Proceeds | $38,985,785 | TotalProceedsAmt |
| In Reserve Fund | $3,789,408 | InReserveFundAmt |
| Issuance Costs From Proceeds | $1,076,203 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $17,416,924 | CapitalExpendituresAmt |
| Other Spent Proceeds | $16,703,250 | OtherSpentProceedsAmt |
| Refunding Tax Exempt Bonds | Yes (true) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | false | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | false | EngageBondCounselResearchInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropPct |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Exception To Rebate | Yes (true) | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Term Of Hedge | 0 | TermOfHedgePct |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Term Of GIC | 0 | TermOfGICPct |
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column (f) Row B | THE SERIES 2019 BONDS WERE ISSUED TO REFINANCE THE EXISTING SERIES 2008 BONDS, CONSTRUCT AND EQUIPPING CERTAIN IMPROVEMENTS CONSISTING OF BUT NOT LIMITED TO: ELEVATOR IMPROVEMENTS, REMODELING THE DINING ROOM, NEW WIRELESS INTERNET MODERNIZATION, AND VARIOUS OUTDOOR COMMUNITY IMPROVEMENTS. |
| Schedule K, Part I Row B | IN JUNE 2019, THE ESTATES ISSUED THE POLK COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY RETIREMENT FACILITY REVENUE REFUNDING AND IMPROVEMENT BONDS (CARPENTER'S HOME ESTATES, INC. PROJECT), SERIES 2019 (THE "SERIES 2019 BONDS"), WITH YEARLY PRINCIPAL PAYMENTS DUE IN VARYING INCREASING INSTALLMENTS IN THE AMOUNT OF $100,000 BEGINNING ON JANUARY 1, 2020 TO $1,930,000 IN JANUARY 1, 2055. |
| Schedule K, Part I (C) | THE SERIES 2019 BOND ISSUE CONSISTS OF THE FOLLOWING: CUSIP NO. 73112JAA8, $4,005,000 5.00% TERM BONDS DUE JANUARY 1, 2029 CUSIP NO. 73112JAB6, $7,000,000 5.00% TERM BONDS DUE JANUARY 1, 2039 CUSIP NO. 73112JAC4, $11,540,000 5.00% TERM BONDS DUE JANUARY 1, 2049 CUSIP NO. 73112JAD2, $10,255,000 5.00% TERM BONDS DUE JANUARY 1, 2055 |
| Schedule K, Part II, Line 3 | THE TOTAL PROCEEDS FOR SERIES 2019 BOND ISSUE ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I, COLUMN (E), THE DIFFERENCE IS AN ORIGINAL ISSUE PREMIUM OF $3,551,405; FUNDS RELEASED FROM PRIOR INDENTURE OF $2,285,205; AND AN EQUITY CONTRIBUTION OF $349,175. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE RETURN IS SENT TO THE ENTIRE BOARD VIA EMAIL, COMMENTS ARE TAKEN INTO CONSIDERATION AND THE RETURN IS MODIFIED AS NECESSARY. A COPY OF THE FINAL RETURN IS PROVIDED TO ALL OF THE VOTING MEMBERS OF ORGANIZATION'S BOARD BEFORE IT IS FILED WITH THE IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD OF DIRECTORS AND KEY EMPLOYEES ON AN ANNUAL BASIS. AT THIS TIME, INDIVIDUALS ARE REQUESTED TO DECLARE AREAS OF POTENTIAL CONFLICT. IF ANY POTENTIAL CONFLICTS ARE IDENTIFIED, THE BOARD APPROVED POLICY IS FOLLOWED. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE UNAUDITED MONTHLY FINANCIAL STATEMENTS ARE PROVIDED TO OUR BOARD OF DIRECTORS, THE PRESIDENT OF THE RESIDENT ASSOCIATION (CHERA), AND TWO RESIDENT REPRESENTATIVES TO OUR BOARD OF DIRECTORS. THE UNAUDITED QUARTERLY AND ANNUAL FINANCIAL STATEMENTS ARE PROVIDED TO ALL EXISTING RESIDENTS OF THE COMMUNITY, POSTED QUARTERLY ON MUNICIPAL SECURITIES RULEMAKING BOARD (MSRB) WEBSITE, AND POSTED ON THE FLORIDA OFFICE OF INSURANCE REGULATION WEBSITE. THE AUDITED ANNUAL FINANCIAL STATEMENTS ARE FILED WITH THE MSRB AND THE FLORIDA OFFICE OF INSURANCE. A COPY OF THE AUDITED ANNUAL FINANCIAL STATEMENTS IS PROVIDED TO EACH BOARD MEMBER, THE TWO RESIDENT REPRESENTATIVES TO THE BOARD AND THE PRESIDENT OF THE CHERA, THE RESIDENT ASSOCIATION FOR THE COMMUNITY. IN ADDITION, A SUMMARY OF THE ANNUAL FINANCIAL STATEMENTS IS POSTED ON OUR BULLETIN BOARD AND A COPY IS AVAILABLE IN THE BUSINESS OFFICE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC AT OUR BUSINESS LOCATION UPON REQUEST. |
| Form 990, Part XII, Line 2c Change of oversight process or selection process | OVERSIGHT OF AUDIT: THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS HAS RESPONSIBILITY FOR OVERSIGHT OF AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SOCIAL ACCOUNTABILITY PROGRAM CARPENTER'S HOME ESTATES, INC. (THE "ESTATES") DEMONSTRATES COMMITMENT TO THE MISSION OF THE ORGANIZATION AND THE LOCAL COMMUNITY THROUGH OUR SOCIAL ACCOUNTABILITY EFFORTS. OUR ORGANIZATION BELIEVES THAT, AS A NOT-FOR-PROFIT, WE HAVE A RESPONSIBILITY TO MAKE A DIFFERENCE IN OUR LOCAL COMMUNITY. OUR CARPENTER'S CARES PROGRAM COMMITS TIME AND FINANCIAL RESOURCES TO MAKING A DIFFERENCE IN THE LIVES OF OUR RESIDENTS, STAFF, FAMILIES, AND COMMUNITY THAT WE ARE PRIVILEGED TO SERVE. THE ESTATES BELIEVES THAT ANY COMMITMENT TO MAKING A DIFFERENCE IN THE LOCAL COMMUNITY MUST FIRST ENSURE THAT THEIR DEDICATED STAFF IS APPRECIATED AND SUPPORTED. OUR EMPLOYEE ENGAGEMENT PROGRAM IS DESIGNED TO SAY, "THANK YOU," BUT INSTANCES DO ARISE WHEN A STAFF MEMBER ENCOUNTERS AN UNEXPECTED HARDSHIP. FOLLOWING THE ADAGE THAT "CHARITY BEGINS AT HOME," THE CARPENTERS CARES PROGRAM OFFERS FINANCIAL SUPPORT TO EMPLOYEES FACING A FINANCIAL, HEALTH, OR OTHER PERSONAL CRISIS THAT SEVERELY IMPACTS THEIR ABILITY TO MAINTAIN THEIR DAY-TO-DAY ACTIVITIES AND RESPONSIBILITIES. THIS PROGRAM HAS AIDED WITH UNEXPECTED MEDICAL BILLS, GROCERIES, RENT AND MORTGAGE PAYMENTS, AND ELECTRIC BILLS. IN 2024, $4,015.30 OF ASSISTANCE WAS PROVIDED TO EMPLOYEES THROUGH THIS PROGRAM AND SINCE THE INCEPTION OF THIS PROGRAM OVER $49,823.30. POLK WORKS RECOGNIZED THIS COMMITMENT TO OUR EMPLOYEES WHEN THE ESTATES RECEIVED A "BEST PLACES TO WORK" AWARD FOR THE 14TH CONSECUTIVE YEAR. IN ADDITION, HOLIDAY FOOD DRIVES AND SCHOOL SUPPLY DRIVES ENSURE THAT OUR EMPLOYEES CAN ENJOY A HOLIDAY MEAL WITH THEIR FAMILY AND SEND THEIR CHILD TO SCHOOL PREPARED. OUR RESIDENT'S ASSOCIATION COLLECTS AND SORTS THROUGH FURNITURE AND CLOTHING DONATIONS THROUGHOUT THE YEAR. THESE DONATIONS HELP TO FUND AN EMPLOYEE SCHOLARSHIP PROGRAM AND HELP CHARITIES IN THE LOCAL COMMUNITY. BENEFICIARIES OF OUR GIVING INCLUDE PEACE RIVER CENTER, LIGHTHOUSE MINISTRIES, LAKELAND HABITAT FOR HUMANITY, FLORIDA BAPTIST CHILDREN'S HOME, CLARK'S HOUSE, AND SHRINER'S HOSPITAL FOR CHILDREN. A SAMPLE OF THE ORGANIZATION'S SUPPORT FOR LOCAL COMMUNITY EFFORTS INCLUDE: - FINANCIAL SUPPORT OF THE POLK SENIOR GAMES AND HOST OF THE CHESS TOURNAMENT - FINANCIAL SUPPORT FOR THE ANNUAL FUNDRAISER OF VOLUNTEERS IN SERVICE TO THE ELDERLY - THE DONATION OF "GOODIE" BAGS TO THE POLK SENIOR GAMES FOR THE ANNUAL INFORMATIONAL HEALTH EXPO - THE DONATION OF WOODEN TOYS MADE BY RESIDENTS TO OUR LOCAL FIRE DEPARTMENT AND POLICE AND SHERIFF'S OFFICES. - SPONSORSHIP OF THE LAKELAND AND WINTER HAVEN SENIOR SOFTBALL TEAMS - FINANCIAL SUPPORT AND EMPLOYEE AND RESIDENT PARTICIPATION IN THE WALK TO END ALZHEIMERS - HOSTED A NATIONAL NIGHT OUT EVENT TO RAISE AWARENESS IN THE LOCAL COMMUNITY - HOSTED A BREAKFAST MEETING OF BETTER LIVING FOR SENIORS, A COALITION OF ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS THE HOLIDAYS ARE ALWAYS SUCH AN ENJOYABLE TIME FOR THE ESTATES' FAMILY AND PROVIDE THE PERFECT OPPORTUNITY TO SHARE WITH THE COMMUNITY. IN 2024, THE ESTATES PROVIDED 342 THANKSGIVING MEALS TO PROJECT CARE OUTREACH. THIS PROGRAM OFFERS THESE MEALS TO SHUT-INS AND THOSE LESS FORTUNATE. EVERY YEAR, THE ESTATES SPONSORS A COLLECTION OF NEW, UNWRAPPED TOYS FOR THE LAKELAND POLICE DEPARTMENT'S "COPS FOR KIDS" CAMPAIGN AND PROVIDES FINANCIAL SUPPORT FOR THIS WONDERFUL PROGRAM THAT BENEFITS CHILDREN FROM THE LOCAL COMMUNITY AND HELPS TO ENSURE THAT EACH CHILD HAS A PRESENT TO UNWRAP ON CHRISTMAS MORNING. ESTATES' EMPLOYEES THROUGH A SECRET SANTA PROGRAM EMBRACE THE SPIRIT OF GIVING FOR HEALTH CENTER RESIDENTS. THE EMPLOYEES PURCHASE GIFTS FOR OUR RESIDENTS AND SANTA MAKES A SPECIAL VISIT AT THE ANNUAL CHRISTMAS PARTY. THE SMILES ARE PRICELESS! AS A MEMBER OF THE BUSINESS COMMUNITY, THE ESTATES ACTIVELY PARTICIPATES IN THE FLORIDA CHAMBER OF COMMERCE, THE LAKELAND AREA CHAMBER OF COMMERCE, AND OTHER FUNCTIONS IN THE CITY OF LAKELAND. THE ESTATES PURCHASED A FOOD TRUCK FOR COMMUNITY OUTREACH AND IN 2024 PROVIDED MEALS TO THE FOLLOWING ORGANIZATIONS: - LAKELAND FIRE DEPARTMENT - RESURRECTION CATHOLIC SCHOOL - NORTH LAKELAND ELEMENTARY - LAKELAND SR SOFTBALL TEAM - VICTORY CHURCH - LAKELAND ROTARY CLUB GOLF TOURNAMENT FUNDRAISER FOR THE FREEDOM FLIGHT - VISTE SNACKS FOR VOLUNTEERS WHO DELIVER THANKSGIVING MEALS - LAKELAND VOLUNTEERS IN MEDICINE THE ESTATES CONTINUES TO OFFER THE TALENTS OF ITS EMPLOYEES TO LOCAL ORGANIZATIONS, INCLUDING BETTER LIVING FOR SENIORS AND THE ALZHEIMER'S ASSOCIATION. IN ADDITION, EMPLOYEES VOLUNTEER THEIR TIME AND EXPERTISE FOR LEADINGAGE FLORIDA, FLORIDA HEALTH CARE ASSOCIATION, UNIVERSITY OF SOUTH FLORIDA, AND THE CITY OF LAKELAND LEADERSHIP COUNCIL FOR SENIORS. THE ESTATES PROVIDES MEETING SPACE TO MANY ORGANIZATIONS THAT SERVE THE LOCAL COMMUNITY. IN 2024, THE ESTATES WELCOMED THE FOLLOWING ORGANIZATIONS TO ITS CAMPUS: - ALZHEIMER'S ASSOCIATION - GIDEON'S - K9S FOR COPS - POLK COUNTY EMERGENCY MANAGEMENT BECAUSE CHARITY DOES BEGIN AT HOME, ESTATES' RESIDENTS HAVE A SPECIAL AFFINITY TO VOLUNTEERING WITHIN THE ESTATES' COMMUNITY ITSELF. WHETHER IT IS RESIDENTS WHO VISIT OTHER RESIDENTS IN THE HEALTH CENTER OR RESIDENTS WHO VOLUNTEER BY ANSWERING PHONES, THE ESTATES IS THE GRATEFUL RECIPIENT OF THEIR SPIRIT OF GIVING. OVER 150 ESTATES' RESIDENTS OFFER THEIR TIME AND TALENT TO MAKE THE ESTATES A WONDERFUL, CARING PLACE TO LIVE. THE "ADVANTAGE PROGRAM" WAS DEVELOPED TO OPEN THE COMMUNITY TO INDIVIDUALS WHO WOULD NOT OTHERWISE BE ABLE TO LIVE AT THE ESTATES. WORKING WITH AREA CHURCHES AND MINISTERS, THIS PROGRAM DESIGNATES TWENTY-FIVE APARTMENTS FOR THIS PURPOSE. THE INDIVIDUALS SELECTED ENJOY THE SAME ACCESS TO SERVICES AND AMENITIES AND BECOME A PART OF THE COMMUNITY. IN 2024, THE MONTHLY FEES FOR THESE 18 RESIDENTS WERE DISCOUNTED BY FIFTY-EIGHT PERCENT, WHICH AMOUNTED TO $619,544.95 OFF THE PREVAILING FEE SCHEDULE. THE CARPENTER'S CARES PROGRAM IS IMMENSELY PROUD OF A JOINT EFFORT WITH THE POLK COUNTY SHERIFF'S OFFICE CALLED K9S FOR COPS. THIS PROGRAM RECOGNIZES THE VALUE OF LAW ENFORCEMENT TO THE GREATER COMMUNITY AND RAISES MONEY TO PURCHASE K9S FOR THE SHERIFF'S OFFICE. TO DATE, OVER $493,540.53 HAS BEEN RAISED AND TWENTY-EIGHT DOGS HAVE BEEN PURCHASED AND PLACED INTO SERVICE. THE FUTURE OF THE CARPENTER'S CARES PROGRAM IS EXCITING AND THE ROLE OF CARPENTER'S HOME ESTATES IN THE COMMUNITY MIRRORS OUR CORPORATE MISSION STATEMENT: THE ESTATES AT CARPENTERS IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY DEDICATED TO PROVIDING CARE AND SERVICES TO MEET THE SPIRITUAL, SOCIAL, EMOTIONAL, PHYSICAL, AND HEALTH NEEDS OF THE RESIDENTS AND COMMUNITY WE SERVE. WE STRIVE TO PROMOTE AND ENHANCE AN ENVIRONMENT THAT ENCOURAGES DIGNITY, PERSONAL GROWTH, HAPPINESS, AND SELF-ESTEEM WHILE VALUING A SENSE OF PURPOSE AND INDEPENDENCE. IDENTIFY ADDITIONAL WAYS TO SERVE AND BENEFIT THE LOCAL COMMUNITY, OUR RESIDENTS, AND OUR STAFF MEMBERS. OVER OUR 39 PLUS YEARS OF SERVICE, OUR COMMITMENT TO THE COMMUNITY CONTINUES TO GROW AND REFLECTS THE RICH TRADITION AND LONG-STANDING VALUES OF OUR COMMUNITY. OUR GOAL IS SIMPLEWE WANT TO CONTINUE TO EMPHASIZE QUALITY AND SERVICE TO OUR RESIDENTS, STAFF, AND THE COMMUNITY AT LARGE. WE WILL CONTINUE TO BE A COMMUNITY "WHERE QUALITY OF LIFE IS CELEBRATED A COMMUNITY PARTNER COMMITTED TO MAKING A DIFFERENCE. |