CAROLINA MEADOWS INC: Form 990, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- CAROLINA MEADOWS INC (EIN 56-1380014)
- Tax period
- 2017-01-01 to 2017-12-31
- Filed
- 2018-11-12
- IRS object ID
- 201833169349303003
- Schema version
- 2017v2.3
- 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 D
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-11-12T12:17:03-06:00 | ReturnTs |
| Tax Period End | 2017-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 227 WEST TRADE STREET SUITE 800 | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28202 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2017-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561380014 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA MEADOWS INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARO | BusinessNameControlTxt |
| Phone | 9199424014 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KEVIN A MCLEOD | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 9199424014 | PhoneNum |
| Signature | 2018-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN NORMAN | PreparerPersonNm |
| PTIN | P01506766 | PTIN |
| Phone | 7049985200 | PhoneNum |
| Preparation | 2018-11-12 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.137.57.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-11-12 | IPDt |
| IP Tm | 12:55:34 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 9ACEB88934FFCCBD98C12E2F38B246F9B43CAC86 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 625448C0F55D99FA31EEB930CD4AF0F24507C48B | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KEVIN A MCLEOD | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $49,290,689 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CAROLINAMEADOWS.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1983 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | PROVIDING HOUSING, HEALTH CARE & OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A CCRC. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 578 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $50,000 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $10,274 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $277,296 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $37,430,393 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,423,955 | CYProgramServiceRevenueAmt |
| PY Investment Income | $105,863 | PYInvestmentIncomeAmt |
| CY Investment Income | $907,667 | CYInvestmentIncomeAmt |
| PY Other Revenue | $27,481 | PYOtherRevenueAmt |
| CY Other Revenue | $30,467 | CYOtherRevenueAmt |
| PY Total Revenue | $37,841,033 | PYTotalRevenueAmt |
| CY Total Revenue | $41,362,089 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $891,917 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $671,250 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $20,226,331 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $19,646,786 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $15,998,410 | PYOtherExpensesAmt |
| CY Other Expenses | $17,053,537 | CYOtherExpensesAmt |
| PY Total Expenses | $37,116,658 | PYTotalExpensesAmt |
| CY Total Expenses | $37,371,573 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $724,375 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,990,516 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $109,226,519 | TotalAssetsBOYAmt |
| Total Assets EOY | $111,647,874 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $84,806,714 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,116,296 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,419,805 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,531,578 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO ENRICH AND IMPROVE THE LIVES OF SENIORS. TO SUPPORT OUR LOCAL COMMUNITY, INVEST IN THE FUTURE OF AGING, CONTRIBUTE TO THE LOCAL ECONOMY AND PARTNER ON SENIOR INITIATIVES, AS WELL AS PROVIDE HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO SENIOR ADULTS THROUGH THE OPERATION OF A LIFE PLAN COMMUNITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $33,076,255 | ExpenseAmt |
| Grant | $671,250 | GrantAmt |
| Revenue | $40,373,955 | RevenueAmt |
| Desc | CAROLINA MEADOWS PROVIDES HOUSING, HEALTH AND WELLNESS SERVICES, AND SOCIAL OPPORTUNITIES, FOR SENIOR ADULTS IN A FINANCIALLY SECURE RETIREMENT COMMUNITY THROUGH A PERSON-CENTERED APPROACH THAT RESPECTS INDIVIDUAL DIGNITY, ENCOURAGES INDEPENDENCE, AND PROMOTES LIFELONG LEARNING THROUGHOUT THE SEQUENCES OF AGING. CAROLINA MEADOWS PROVIDED 223,284 RESIDENT DAYS OF HOUSING AND SERVICES FOR RESIDENTS LIVING WITHIN THE INDEPENDENT LIVING COMPONENT OF THE CAMPUS. IN ASSISTED LIVING, INCLUDING MEMORY CARE, 29,071 RESIDENT DAYS OF HOUSING AND SERVICES WERE PROVIDED. IN SKILLED NURSING, 22,286 PATIENT DAYS OF HOUSING AND SERVICES WERE PROVIDED. A TOTAL OF 5,224 DAYS OF CONTINUING CARE WITHOUT LODGING CONTRACTUAL SERVICES WERE PROVIDED TO 48 RESIDENTS LIVING OFF-CAMPUS WHO RECEIVE THE SAME ACCESS TO AMENITIES AND HEALTH CARE SERVICES OFFERED TO RESIDENTS LIVING ON-CAMPUS. GERIATRIC PHYSICIAN CARE, NURSE PRACTITIONER AND SPECIALTY PHYSICIAN CARE PROGRAMS SUCH AS AUDIOLOGY, PODIATRY, DERMATOLOGY AND DENTAL SERVICES ARE PROVIDED TO RESIDENTS IN ALL CARE LEVELS. THE CAMPUS PRIMARY CARE MEDICAL PRACTICE AVERAGED OVER 400 RESIDENT VISITS PER MONTH AND ALSO PROVIDED APPROXIMATELY 200 RESIDENT MEDICAL ASSESSMENTS PER MONTH.WE'VE HIGHLIGHTED OTHER ACCOMPLISHMENTS BELOW:FITNESS CENTERTHE FITNESS CENTER LOGGED SIGN-INS AVERAGE 1,455 PER MONTH. IN ADDITION, 30 REGULARLY SCHEDULED FITNESS CLASSES ARE OFFERED INCLUDING: POOL, AEROBICS, STRETCH, YOGA, MEDITATION AND OTHERS WITH AN AVERAGE ATTENDANCE OF FIVE TO TWENTY EIGHT PER CLASS. THERE ARE ALSO TWO ADDITIONAL NON-REGULAR FITNESS CLASSES AND CAMPUS GROUP WALKING OFFERINGS, AS WELL AS WEEKLY ORIENTATION OFFERED AT NO COST AND MONTHLY PERSONAL TRAINING SESSIONS. FOUR EMPLOYEES ARE DESIGNATED FOR THE WELLNESS PROGRAM AND ADDITIONAL SERVICES ARE PROVIDED UNDER CONTRACT INCLUDING MASSAGE, NUTRITION AND SWIM LESSONS. THERE ARE OVER 200 EMPLOYEES ENROLLED IN THE WELLNESS INITIATIVE. THE WELLNESS DEPARTMENT PERFORMS AN ANNUAL FUNCTIONAL FITNESS ASSESSMENT ON INDEPENDENT LIVING RESIDENTS THAT ARE PATIENTS OF OUR PRIMARY CARE MEDICAL PRACTICE AT THE TIME OF THEIR ANNUAL WELLNESS EXAM. THIS AVERAGES 20 PARTICIPANTS MONTHLY. IN ADDITION TO CREATING AN INDIVIDUAL WELLNESS PLAN, DATA FROM THE ASSESSMENTS IS USED IN AGGREGATE FORM ON BOTH THE COMMUNITY AND NATIONAL LEVEL FOR RESEARCH ON AGING.WELLNESS SERVICESPHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES ARE AVAILABLE ON OUR CAMPUS UNDER CONTRACT WITH GENESIS REHABILITATION. AVERAGE VISITS PER MONTH ARE AS FOLLOWS: PHYSICAL THERAPY - 142, OCCUPATIONAL THERAPY - 53, AND SPEECH THERAPY - 20.ACTIVITIESACTIVITIES ARE ARRANGED BY BOTH STAFF AND RESIDENTS. OFFERINGS EACH MONTH ARE DESIGNED TO MEET THE FULL RANGE OF NEEDS AND INTERESTS AS FOLLOWS: SOCIAL, INTELLECTUAL, SPIRITUAL, PHYSICAL AND EMOTIONAL. IN THE FAIRWAYS (ASSISTED LIVING) STAFF DESIGN AN ACTIVITIES CALENDAR WITH GROUP AND INDIVIDUAL OPPORTUNITIES. RESIDENTS ARE ENCOURAGED TO CONTINUE INTERESTS AND HOBBIES DEVELOPED OVER A LIFETIME. DESIGNATED STAFF PROVIDE ACTIVITIES IN THE GREEN (MEMORY SUPPORT ENVIRONMENT WITHIN THE FAIRWAYS). TWO SEPARATE PROGRAMS ARE PROVIDED IN THE PINES (SKILLED NURSING): APPROXIMATELY 10-15 RESIDENTS WITH SEVERE MEMORY IMPAIRMENT ARE SERVED DAILY IN A SPECIFIC PROGRAM FOR THIS POPULATION WHILE 15-20 RESIDENTS PARTICIPATE DAILY IN THE PROGRAM DESIGNED FOR THOSE WHOSE COGNITION IS INTACT. THERE IS ALSO A MUSIC & MEMORY PROGRAM USING IPODS THAT SERVES SKILLED NURSING AND MEMORY CARE RESIDENTS.DINING SERVICESDINING SERVICES PROVIDES MEALS DAILY FOR ALL LEVELS OF LIVING. APPROXIMATELY 5,500 MEALS PER MONTH ARE SERVED IN THE PINES, 5,300 IN THE FAIRWAYS AND 13,550 IN THE INDEPENDENT LIVING DINING VENUES.PHYSICAL PLANTTHE PHYSICAL PLANT DEPARTMENT ANNUALLY TURNS OVER AN AVERAGE OF 44 INDEPENDENT LIVING UNITS. EACH UNIT IS REFURBISHED TO NEW OR LIKE-NEW CONDITION. IN ADDITION, THIS DEPARTMENT COMPLETED 10,445 WORK ORDERS FOR INDEPENDENT LIVING RESIDENTS, 1,593 FOR PINES RESIDENTS AND 1,982 FOR FAIRWAYS RESIDENTS PLUS 4,928 COMMUNITY WIDE WORK ORDERS EXCLUSIVE OF SPECIAL PROJECTS, SECURITY RESPONSES AND TRASH PICKUP, FOR A TOTAL OF 18,948.ENVIRONMENTAL SERVICESTHE ENVIRONMENTAL SERVICES DEPARTMENT, IN ADDITION TO CLEANING ALL COMMON AREAS AND PROVIDING DAILY SERVICE TO ALL HEALTH CENTER AND ASSISTED LIVING RESIDENTS, PROVIDES CLEANING FOR APPROXIMATELY 200 INDEPENDENT LIVING RESIDENTS PER MONTH. APPROXIMATELY 185 POUNDS OF LINEN ARE WASHED, DRIED AND IRONED DAILY FOR THE CLUB CENTER DINING ROOMS, IN ADDITION TO LINENS PROVIDED IN THE PINES HEALTH CENTER AND THE FAIRWAYS ASSISTED LIVING.COMMUNITY INVOLVEMENTCAROLINA MEADOWS IS ACTIVELY INVOLVED IN THE COMMUNITY THROUGH PARTICIPATION IN COMMUNITY OUTREACH, EDUCATIONAL, CHARITABLE AND VOLUNTEER PROGRAMS SPONSORED ON CAMPUS OR THROUGHOUT THE SURROUNDING COMMUNITY. CAROLINA MEADOWS WORKS IN PARTNERSHIP WITH MANY CHARITABLE ORGANIZATIONS TO MAKE THE COMMUNITY A BETTER PLACE TO LIVE FOR ALL. CAROLINA MEADOWS HAS MADE SIGNIFICANT CHARITABLE GIFTS IN 2017 TO SUPPORT CHARITIES THAT SUPPORT OLDER ADULTS IN CHATHAM COUNTY, INCLUDING: -- A FIVE-YEAR PLEDGE WAS MADE IN 2016 TO THE UNC MEDICAL FOUNDATION FOR THE CREATION OF A NEW HOSPICE HOME IN PITTSBORO, NORTH CAROLINA THAT WILL SERVE CHATHAM COUNTY RESIDENTS AND BEYOND. THE PLEDGE WAS FOR $150,000 OVER FIVE YEARS; $37,500 WAS CONTRIBUTED IN 2017. -- A FIVE-YEAR PLEDGE WAS MADE IN 2016 TO THE CHATHAM COUNTY COUNCIL ON AGING TO SUPPORT THEIR FROZEN MEALS PROGRAM FOR ELDERS. THIS PROGRAM REACHES SENIORS WHO LIVE OUTSIDE OF THE MEALS FOR WHEELS ROUTES BUT STILL NEED CRUCIAL NUTRITIONAL SUPPORT. THIS PROGRAM IS A PARTNERSHIP OF CAROLINA MEADOWS, CHATHAM COUNTY GOVERNMENT AND THE COUNCIL ON AGING. THE PLEDGE WAS FOR $37,500 OVER FIVE YEARS. THE SECOND $7,500 DONATION WAS CONTRIBUTED IN 2017. BEYOND FINANCIAL SUPPORT, CAROLINA MEADOWS SUPPORTS NONPROFIT ORGANIZATIONS THROUGH DONATIONS OF TALENT, SPACE, FOOD, AND OTHER IN-KIND CONTRIBUTIONS. EXAMPLES INCLUDE: -- DONATED 35 PRINTERS AND 22 PRINT CARTRIDGES TO 13 NONPROFIT ORGANIZATION IN CHATHAM COUNTY AND THE TRIANGLE.-- PARTICIPATED IN A CHEF CHALLENGE SHARING STAFF TALENT, TIME AND FOOD (VALUED AT $1,747) TO BENEFIT TRANSITIONS GUIDING LIGHTS CAREGIVER SUPPORT ORGANIZATION. -- DONATED FOOD AND TIME TO CHARITABLE COMMUNITY EVENTS, SUCH AS ALL THE MEALS (VALUED AT $1,770) FOR 60 CHILDREN AND ADULT VOLUNTEERS AT DUKE HOSPICE'S CAMP RELEAF, A WEEKEND-LONG CAMP FOR KIDS WHO HAVE LOST FAMILY MEMBERS. -- PARTNERED WITH UNC CHAPEL HILL SCHOOL OF MEDICINE TO TRAIN 3RD YEAR MEDICAL STUDENTS IN FALLS RISK ASSESSMENT. CAROLINA MEADOWS HOSTS QUARTERLY WORKSHOPS WHERE UNC INSTRUCTORS PROVIDE TRAINING AND THEN THE STUDENTS PRACTICE NEWLY LEARNED SKILLS ON RESIDENT VOLUNTEERS. WE PROVIDED IN-KIND LUNCHES (VALUED AT $488 EACH CALENDAR QUARTER) TO FACILITATE STUDENT AND RESIDENT INTERACTION AND LEARNING. -- DONATED REFRIGERATORS, INDUSTRIAL LIGHTS FIXTURES AND OTHER IN-KIND APPLIANCES TO MANY SCHOOLS, CHURCHES AND THRIFT SHOPS IN OUR LOCAL COMMUNITY.STAFF GENEROUSLY DONATE THEIR TIME/SERVICE TO MANY COMMUNITY ORGANIZATIONS. EXAMPLES INCLUDE:-- PARTICIPATED ON PLANNING COMMITTEES FOR COMMUNITY-WIDE PROJECTS SUCH AS THE CHATHAM COUNTY SENIOR GAMES, ALZNC CAMPAIGN, CHATHAM HEALTH ALLIANCE AND CHATHAM COUNTY AGING PLAN. -- SERVED AS PRECEPTORS FOR STUDENTS FROM DURHAM TECH, UNIVERSITY OF NORTH CAROLINA, NORTH CAROLINA CENTRAL UNIVERSITY AND BEYOND. IN ADDITION TO OUR ROBUST CORPORATE COMMUNITY OUTREACH PROGRAM, OUR RESIDENT ASSOCIATION HAS A RESIDENT COMMUNITY OUTREACH COMMITTEE. -- THIS COMMITTEE HAS RESIDENT LIAISONS WITH VARIOUS NONPROFIT ORGANIZATIONS IN CHATHAM COUNTY. THE LIAISONS SHARE INFORMATION AND VOLUNTEER OPPORTUNITIES ABOUT EACH GROUP WITH THE RESIDENTS.-- THIS GROUP ALSO ORGANIZES A COAT DRIVE IN THE WINTER, AND A SCHOOL SUPPLIES DRIVE IN THE FALL. OUR RESIDENTS OFFER MANY HOURS OF VOLUNTEER TIME TO SUPPORT NONPROFITS IN OUR AREA AS WELL AS OUR OWN CAMPUS COMMUNITY. -- IN OUR 2017 RESIDENT SURVEY, RESIDENTS REPORTED NEARLY 45,000 VOLUNTEER HOURS TO THE GREATER COMMUNITY. THIS EQUATES TO A VALUE OF OVER A MILLION DOLLARS. -- RESIDENTS ALSO VOLUNTEER WITHIN OUR OWN COMMUNITY. MORE THAN 67 RESIDENT VOLUNTEERS PROVIDED MORE THAN 1,750 HOURS OF SERVICE INCLUDING ONE-ON-ONE VISITS, MAIL DELIVERY, AND ACTIVITIES IN HIGHER LEVELS OF CARE.CHARITABLE DONATIONSCHARITABLE DONATIONS AND COMMUNITY BENEFITS FOR THE YEAR ENDED DECEMBER 31, 2017 INCLUDED $601,594 IN BENEVOLENT CARE, $106,653 IN CHARITABLE DONATIONS AND $44,877 IN DONATED VOLUNTEER SERVICES.PROPERTY TAXESFOR 2017, PROPERTY TAX PAYMENTS OF $885,878 WERE MADE TO SUPPORT NEEDED INFRASTRUCTURE TO HELP CHATHAM COUNTY PROSPER. | Desc |
| Total Program Service Expenses | $33,076,255 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | 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 | Yes (1) | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | 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 | Yes (1) | 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 | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | 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 | Yes (1) | 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 | 80 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 578 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| 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 |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | 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 | GARY LEVINE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9193707128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275178505 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DIANNE STIMSON | ||||||||
| CHAIR | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOAN PHARR | ||||||||
| TREASURER | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN MODISETT | ||||||||
| SECRETARY | 2.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RHODES CRAVER | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JB CULPEPPER | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN GABOR | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RODGERS HARSHBARGER | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BOB JACKSON | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM KALKOFF | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| ANNE KISSEL | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PAT MANDELL | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE MILLER | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| JOAN PELLETTIER | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| DON STEDMAN | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| PHILLIP SLOANE | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARIECHEN SMITH | ||||||||
| MEMBER | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| BETSY AHERN | ||||||||
| EX-OFFICIO | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| MCLEOD KEVIN | ||||||||
| CHIEF EXECUTIVE OFFICER | 40.00 | Yes (X) | Yes (X) | $351,640 | $0 | $24,144 | ||
| CORNTHWAITE BENJAMIN | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | Yes (X) | Yes (X) | $198,144 | $0 | $33,187 | ||
| LEVINE GARY | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | Yes (X) | $201,733 | $0 | $17,575 | ||
| COWARD HOLLY JEAN | ||||||||
| MEDICAL DIRECTOR | 30.00 | $223,915 | $0 | $10,602 | Yes (X) | |||
| KASS MELISSA | ||||||||
| VICE PRESIDENT - MARKETING | 40.00 | $145,508 | $0 | $17,370 | Yes (X) | |||
| DALEY-PLACIDE RACQUEL | ||||||||
| PHYSICIAN | 30.00 | $142,493 | $0 | $36,919 | Yes (X) | |||
| ITZKOWITZ BRAD | ||||||||
| VICE PRESIDENT - DINING | 40.00 | $117,215 | $0 | $37,903 | Yes (X) | |||
| HARRILL EMMA | ||||||||
| DIRECTOR OF WELLBEING | 40.00 | $111,557 | $0 | $5,230 | Yes (X) | |||
| HOGAN MELISSA | ||||||||
| DIRECTOR OF FINANCE | 40.00 | $110,943 | $0 | $11,395 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,603,148 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $194,325 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 13 | 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 |
|---|---|---|---|---|---|
| US FOODSERVICE | |||||
| PO BOX 602211 | CHARLOTTE | NC | 28260 | FOOD | $1,301,106 |
| CHATHAM CARPET | |||||
| 50 STILL WATERS DRIVE | SILER CITY | NC | 27344 | FLOORING | $804,317 |
| MARSH KITCHEN & BATH | |||||
| PO BOX 1401 | GRAHAM | NC | 27523 | CABINETS/COUNTERTOPS | $457,160 |
| SYSCO | |||||
| PO BOX 129 | SELMA | NC | 27576 | FOOD | $414,743 |
| RUPPERT LANDSCAPE | |||||
| 23601 LAYTONSVILLE ROAD | LAYTONSVILLE | MD | 20882 | LANDSCAPING | $269,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 22 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING REV | 623000 | $21,009,144 | $21,009,144 |
| HEALTH CARE CENTER REV | 623000 | $7,860,134 | $7,860,134 |
| ASSISTED LIVING REV | 623000 | $7,320,752 | $7,320,752 |
| REFURBISHING | 623000 | $1,872,720 | $1,872,720 |
| REMARKETING | 623000 | $828,355 | $828,355 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,532,850 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,482,850 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $50,000 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,423,955 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $460,253 | TotalRevenueColumnAmt |
| Exclusion | $460,253 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $21,135 | 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 | $21,135 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $21,135 | TotalRevenueColumnAmt |
| Exclusion | $21,135 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $8,376,014 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $7,928,600 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $447,414 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $447,414 | TotalRevenueColumnAmt |
| Exclusion | $447,414 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 623000 | BusinessCd |
| Total Revenue Column | $9,332 | TotalRevenueColumnAmt |
| Exclusion | $9,332 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $9,332 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,362,089 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,373,955 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $50,000 | UnrelatedBusinessRevenueAmt |
| Exclusion | $938,134 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,656 | TotalAmt |
| Program Services | $69,656 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $601,594 | TotalAmt |
| Program Services | $601,594 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $975,430 | TotalAmt |
| Program Services | $223,915 | ProgramServicesAmt |
| Management And General | $751,515 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,928,461 | TotalAmt |
| Program Services | $13,317,034 | ProgramServicesAmt |
| Management And General | $1,611,427 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $428,277 | TotalAmt |
| Program Services | $349,170 | ProgramServicesAmt |
| Management And General | $79,107 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,164,470 | TotalAmt |
| Program Services | $2,040,207 | ProgramServicesAmt |
| Management And General | $124,263 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,150,148 | TotalAmt |
| Program Services | $966,009 | ProgramServicesAmt |
| Management And General | $184,139 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,884 | TotalAmt |
| Program Services | $129,880 | ProgramServicesAmt |
| Management And General | $52,004 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,121 | TotalAmt |
| Management And General | $47,121 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $97,901 | TotalAmt |
| Management And General | $97,901 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,787,275 | TotalAmt |
| Program Services | $1,773,864 | ProgramServicesAmt |
| Management And General | $13,411 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $136,826 | TotalAmt |
| Program Services | $29,918 | ProgramServicesAmt |
| Management And General | $106,908 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,261,881 | TotalAmt |
| Program Services | $1,124,328 | ProgramServicesAmt |
| Management And General | $137,553 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,478 | TotalAmt |
| Management And General | $43,478 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,288,736 | TotalAmt |
| Program Services | $1,545,052 | ProgramServicesAmt |
| Management And General | $743,684 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,630 | TotalAmt |
| Program Services | $68,840 | ProgramServicesAmt |
| Management And General | $37,790 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,028 | TotalAmt |
| Program Services | $19,136 | ProgramServicesAmt |
| Management And General | $13,892 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $475,118 | TotalAmt |
| Program Services | $475,118 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,217,240 | TotalAmt |
| Program Services | $4,217,240 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,844 | TotalAmt |
| Program Services | $56,844 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| FOOD COSTS | $2,119,626 | $2,119,626 |
| UPGRADES & MODIFICATION | $2,074,014 | $2,074,014 |
| REPAIRS & MAINTENANCE | $881,949 | $881,949 |
| SHARED APPRECIATION | $734,462 | $734,462 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $509,524 | TotalAmt |
| Program Services | $258,399 | ProgramServicesAmt |
| Management And General | $251,125 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,371,573 | TotalAmt |
| Program Services | $33,076,255 | ProgramServicesAmt |
| Management And General | $4,295,318 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,035,916 | BOYAmt |
| EOY | $2,844,412 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,458 | BOYAmt |
| EOY | $2,533 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,993,217 | BOYAmt |
| EOY | $2,486,530 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,067 | BOYAmt |
| EOY | $373,167 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,138 | BOYAmt |
| EOY | $157,971 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $139,823,871 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $63,876,663 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $78,605,427 | BOYAmt |
| EOY | $75,947,208 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $25,954,312 | BOYAmt |
| EOY | $29,798,583 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,984 | BOYAmt |
| EOY | $37,470 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,226,519 | BOYAmt |
| EOY | $111,647,874 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,328,057 | BOYAmt |
| EOY | $4,207,992 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $56,092,686 | BOYAmt |
| EOY | $53,347,933 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,447,367 | BOYAmt |
| EOY | $13,859,267 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,638,316 | BOYAmt |
| EOY | $2,778,454 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,835,712 | BOYAmt |
| EOY | $964,280 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,464,576 | BOYAmt |
| EOY | $4,958,370 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,806,714 | BOYAmt |
| EOY | $80,116,296 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,419,805 | BOYAmt |
| EOY | $31,531,578 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,419,805 | BOYAmt |
| EOY | $31,531,578 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $109,226,519 | BOYAmt |
| EOY | $111,647,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $3,990,516 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,924,403 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $196,854 | OtherChangesInNetAssetsAmt |
| 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) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| 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 | $16,263 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,175 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $23,914 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,081 | CurrentTaxYearMinus1YearAmt |
| Total | $84,433 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,270,335 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,245,986 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,000,478 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,430,393 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,373,955 | CurrentTaxYearAmt |
| Total | $182,321,147 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,286,598 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,275,161 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,024,392 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,445,474 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,373,955 | CurrentTaxYearAmt |
| Total | $182,405,580 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | 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) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $182,405,580 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $444,091 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $158,651 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275,477 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $372,219 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $481,388 | CurrentTaxYearAmt |
| Total | $1,731,826 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $444,091 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $158,651 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275,477 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $372,219 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $481,388 | CurrentTaxYearAmt |
| Total | $1,731,826 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $50,000 | CurrentTaxYearAmt |
| Total | $50,000 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $23,294 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,098 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,439 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,855 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,135 | CurrentTaxYearAmt |
| Total | $69,821 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $33,753,983 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,446,910 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,311,308 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $37,823,548 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,921,478 | CurrentTaxYearAmt |
| Total | $184,257,227 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99000 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98900 | PublicSupportPY509Pct |
| Investment Income CY | 0.00940 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01040 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Beginning Balance | $2,638,316 | BeginningBalanceAmt |
| Additions During Year | $140,138 | AdditionsDuringYearAmt |
| Ending Balance | $2,778,454 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,096,762 | OtherCostOrOtherBasisAmt |
| Book Value | $2,096,762 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $121,415,219 | OtherCostOrOtherBasisAmt |
| Depreciation | $53,623,751 | DepreciationAmt |
| Book Value | $67,791,468 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,792,562 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,876,177 | DepreciationAmt |
| Book Value | $2,916,385 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,519,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,376,735 | DepreciationAmt |
| Book Value | $3,142,593 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $75,947,208 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENTS AND ASSETS WHOSE USE IS LIMITED | Desc |
| Book Value | $29,798,583 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $29,798,583 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP AGREEMENTS | $379,339 |
| OTHER DEFERRED REVENUE | $923,600 |
| ADVANCE DEPOSITS | $3,009,375 |
| FAIRWAYS ENTRANCE FEE REFUNDS DUE | $646,056 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $4,958,370 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | RESIDENT FUNDS HELD IN AGENCY ACCOUNTS REPRESENT FUNDS WITHHELD FROM RESIDENTS DETERMINED TO BE A FINANCIAL RISK AND RESIDENTS WISHING TO ESTABLISH AGENCY ACCOUNTS IN LIEU OF LONG-TERM CARE INSURANCE. CAROLINA MEADOWS HAS DEPOSITED THESE FUNDS ON THE RESIDENTS' BEHALF IN CERTIFICATES OF DEPOSIT OR MONEY MARKET FUNDS WITH A FINANCIAL INSTITUTION. CAROLINA MEADOWS ACTS AS CUSTODIAN FOR THE AGENCY ACCOUNTS, WHICH ARE LEGALLY OWNED BY THE RESIDENTS. AT DECEMBER 31, 2017 AND 2016, AGENCY FUNDS DUE RESIDENTS WERE $2,778,454 AND $2,638,316, RESPECTIVELY. |
| PART X, LINE 2: | CAROLINA MEADOWS IS A NONPROFIT, TAX-EXEMPT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. CAROLINA MEADOWS HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFIT OR OBLIGATION AS OF DECEMBER 31, 2017. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION OF NC | |||||||
| 9131 ANSON WAY SUITE 206 | RALEIGH | NC | 27615 | 561501117 | 501(C)(3) | $5,422 | TO SUPPORT ALZHEIMER'S AND CAREGIVER SUPPORT SERVICES |
| CHATHAM COUNTY COUNCIL ON AGING | |||||||
| PO BOX 715 | PITTSBORO | NC | 27312 | 561084260 | 501(C)(3) | $7,650 | TO SUPPORT THE FROZEN MEALS PROGRAM FOR SENIORS THROUGHOUT CHATHAM COUNTY, AND THE SENIOR GAMES |
| CHATHAM COUNTY LITERACY COUNCIL | |||||||
| PO BOX 1696 | PITTSBORO | NC | 27312 | 581870076 | 501(C)(3) | $8,000 | TO SUPPORT TUTOR TRAINING FOR RESIDENTS AND GREATER COMMUNITY; TO SUPPORT ESL TUTOR PROGRAM AT CM FOR STAFF AND FOR COMMUNITY CITIZENS IN NEED |
| HUMANITIES AT UNC | |||||||
| 1700 MLK BLVD CB 3425 | CHAPEL HILL | NC | 27599 | 566001393 | 501(C)(3) | $5,000 | SPONSORSHIP OF A HUMANITIES PROGRAM AT UNC FOR COMMUNITY MEMBERS |
| UNC MEDICAL FOUNDATION | |||||||
| UNC PO BOX 309 | CHAPEL HILL | NC | 27514 | 566057494 | 501(C)(3) | $37,500 | CONTRIBUTION OF SECOND OF FIVE YEAR PLEDGE FOR THE NEW UNC HOSPICE HOME IN CHATHAM COUNTY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 5 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | RESIDENT FINANCIAL ASSISTANCE | GrantTypeTxt |
| Recipient | 8 | RecipientCnt |
| Cash Grant | $601,594 | CashGrantAmt |
| Valuation Method Used | BOOK VALUE | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTEES MUST HAVE 501(C)(3) STATUS AND MUST BE LOCATED IN AND/OR SERVE RESIDENTS IN CHATHAM COUNTY, NORTH CAROLINA. THE FOLLOWING CRITERIA ARE USED DURING THE GRANT EVALUATION PROCESS PROJECT DESCRIPTION: (1) DESCRIPTION - IS THE PROPOSED PROJECT OR PROGRAM CLEARLY DESCRIBED? (2) MISSION SUPPORT - IS THERE CLEAR EVIDENCE THAT THE PROJECT SUPPORTS THE MISSION OF THE AGENCY? (3) NEED - DOES THE PROPOSAL CLEARLY DOCUMENT/EXPLAIN THE NEED FOR THE PROJECT/PROGRAM IN CHATHAM COUNTY? (4) IMPACT - ARE THE PROPOSED OUTCOMES CLEAR, REALISTIC AND MEASURABLE? (5) BUDGET - IS THE BUDGET SUFFICIENTLY DETAILED, REALISTIC AND APPROPRIATE GIVEN THE DESIRED GOALS/IMPACT? (6) EFFECT - IS THERE EVIDENCE THAT A GRANT FROM CAROLINA MEADOWS WILL SIGNIFICANTLY INCREASE THE IMPACT OF THE PROPOSED PROJECT/PROGRAM? (7) COLLABORATIVE EFFORT - IS THE PROPOSED PROJECT/PROGRAM A COLLABORATIVE EFFORT INVOLVING MULTIPLE AGENCIES? (8) REPORTING - GRANTEES ARE REQUIRED TO SUBMIT INTERIM AND FINAL REPORTS TO CAROLINA MEADOWS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| 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 | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MCLEOD KEVIN | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $328,088 | $0 | $16,404 | $0 | $7,148 | $0 | $12,528 | $0 | $11,616 | $0 | $375,784 | $0 | $0 | $0 |
| CORNTHWAITE BENJAMIN | ||||||||||||||
| CHIEF OPERATING OFFICER | $197,856 | $0 | $0 | $0 | $288 | $0 | $1,616 | $0 | $31,571 | $0 | $231,331 | $0 | $0 | $0 |
| LEVINE GARY | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $192,066 | $0 | $8,992 | $0 | $675 | $0 | $9,781 | $0 | $7,794 | $0 | $219,308 | $0 | $0 | $0 |
| COWARD HOLLY JEAN | ||||||||||||||
| MEDICAL DIRECTOR | $211,048 | $0 | $11,557 | $0 | $1,310 | $0 | $10,602 | $0 | $0 | $0 | $234,517 | $0 | $0 | $0 |
| KASS MELISSA | ||||||||||||||
| VICE PRESIDENT - MARKETING | $139,016 | $0 | $6,268 | $0 | $224 | $0 | $5,790 | $0 | $11,580 | $0 | $162,878 | $0 | $0 | $0 |
| DALEY-PLACIDE RACQUEL | ||||||||||||||
| PHYSICIAN | $141,272 | $0 | $1,030 | $0 | $191 | $0 | $5,625 | $0 | $31,294 | $0 | $179,412 | $0 | $0 | $0 |
| ITZKOWITZ BRAD | ||||||||||||||
| VICE PRESIDENT - DINING | $116,831 | $0 | $0 | $0 | $384 | $0 | $6,332 | $0 | $31,571 | $0 | $155,118 | $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 | NC MEDICAL CARE COMMISSION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521309402 | BondIssuerEIN |
| CUSIP | NONEAVAIL | CUSIPNum |
| Bond Issued | 2010-12-22 | BondIssuedDt |
| Issue Price | $17,810,000 | IssuePriceAmt |
| Purpose | TO REFUND THE 2004 BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $3,885,000 | RetiredAmt |
| Total Proceeds | $17,810,000 | TotalProceedsAmt |
| Other Spent Proceeds | $17,810,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2006 | SubstantialCompletionYr |
| Current Refunding | Yes (1) | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUNTRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 3.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | 0 | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | K&M CONSTRUCTIONKEVIN STEDMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | COMPANY OWNED BY FAMILY MEMBER OF BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $192,382 | TransactionAmt |
| Transaction | K&M CONSTRUCTION WAS USED TO COMPLETE VARIOUS PROJECTS RELATED TO CAROLINA MEADOWS RESIDENTIAL UNIT 'REDECKING' OF OUTDOOR DECKS. | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS FIRST REVIEWED IN DETAIL BY THE MEMBERS OF THE BOARD FINANCE COMMITTEE PRIOR TO PRESENTATION TO THE FULL BOARD. THE ENTIRE BOARD THEN REVIEWS FORM 990 PRIOR TO THE RETURN BEING FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | GOVERNING DOCUMENTS, INCLUDING BY-LAWS, AND CONFLICT OF INTEREST STATEMENTS, ARE PLACED IN THE CAROLINA MEADOWS RESIDENT'S LIBRARY QUARTERLY AND ANNUAL FINANCIALS STATEMENTS ARE INCLUDED IN THE BOARD OF DIRECTORS MINUTES AND ALSO PLACED IN THE LIBRARY. ARTICLES OF INCORPORATION ARE AVAILABLE ON THE WEBSITE OF THE NC SECRETARY OF STATE. THE ANNUAL DISCLOSURE STATEMENT IS AVAILABLE ON-LINE THROUGH THE NC DEPARTMENT OF INSURANCE (NCDOI.COM), AND INCLUDES IN APPENDICES COPIES OF THE DOI CCRC LICENSE, DHSR NURSING FACILITY LICENSE, ANNUAL AUDITED FINANCIAL STATEMENTS, 5-YEAR FINANCIAL PROJECTIONS, CONFLICT OF INTEREST POLICY, CCRC CONTRACT AND OTHER CORPORATE INFORMATION. ALL GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST IN THE EXECUTIVE OFFICES. THE GOVERNANCE COMMITTEE ANNUALLY REVIEWS THE CONFLICT OF INTEREST POLICY TO DETERMINE THAT ALL BOARD MEMBERS ARE IN COMPLIANCE. THE FORM IS SENT TO EACH MEMBER FOR THEIR SIGNATURE PRIOR TO FILING AND REVIEWED BY THE GOVERNANCE COMMITTEE AT ITS MEETING FOLLOWING THE BOARD'S FULL MEETING AT WHICH THE POLICY WAS APPROVED. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN DETERMINING THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES, SALARY SURVEY DATA IS COMPILED BY THE HUMAN RESOURCES VICE PRESIDENT FOR USE BY THE CEO. USING THE SURVEY DATA AND PERFORMANCE ANALYSIS AS A BENCHMARK, THE CEO SETS COMPENSATION BASED ON PERFORMANCE AND WITHIN SALARY RANGES. THE PROPOSED SALARIES ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, INCLUDING BY-LAWS, AND CONFLICT OF INTEREST STATEMENTS, ARE PLACED IN THE CAROLINA MEADOWS RESIDENT'S LIBRARY. QUARTERLY AND ANNUAL FINANCIALS STATEMENTS ARE INCLUDED IN THE BOARD OF DIRECTORS MINUTES AND ALSO PLACED IN THE LIBRARY. ARTICLES OF INCORPORATION ARE AVAILABLE ON THE WEBSITE OF THE NC SECRETARY OF STATE. THE ANNUAL DISCLOSURE STATEMENT IS AVAILABLE ON-LINE THROUGH THE NC DEPARTMENT OF INSURANCE (NCDOI.COM), AND INCLUDES IN APPENDICES COPIES OF THE DOI CCRC LICENSE, DHSR NURSING FACILITY LICENSE, ANNUAL AUDITED FINANCIAL STATEMENTS, 5-YEAR FINANCIAL PROJECTIONS, CONFLICT OF INTEREST POLICY, CCRC CONTRACT AND OTHER CORPORATE INFORMATION. ALL GOVERNING DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST IN THE EXECUTIVE OFFICES. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE INTEREST RATE SWAP 190,051. CHANGE IN VALUE OF GIFT ANNUITIES 6,803. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CAROLINA MEADOWS HOME CARE INC | ||||||||||
| 100 CAROLINA MEADOWS | CHAPEL HILL | NC | 27517 | 821777558 | HEALTH CARE | NC | 501(C)(3) | LINE 12B, II | CAROLINA MEADOWS SENIOR COMMUNITIES & SERVICES INC | 0 |
| CAROLINA MEADOWS SENIOR COMMUNITIES AND SERVICES INC | ||||||||||
| 100 CAROLINA MEADOWS | CHAPEL HILL | NC | 27517 | 821792692 | HEALTH CARE | NC | 501(C)(3) | LINE 12B, II | 0 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA MEADOWS MANAGEMENT AND DEVELOPMENT SERVICES INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 CAROLINA MEADOWS | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27517 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 821768377 | EIN |
| Primary Activities | MANAGEMENT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAROLINA MEADOWS SENIOR COMMUNITIES & SERVICES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |