2025-11-13T13:32:37-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-01-01 562277623 GALLOWAY RIDGE INC GALL 9195452215 3000 GALLOWAY RIDGE PITTSBORO NC 27312 ROBERT ZIMMER CEO/EXECUTIVE DIRECTOR 9195452215 2025-11-12 1 1 KATHRINE A WARLICK P02065266 7049985200 2025-11-12 2024 2025-03-06 01:10:19Z GALLOWAY RIDGE ROBERT ZIMMER 3000 GALLOWAY RIDGE PITTSBORO NC 27312 42369020 0 X WWW.GALLOWAYRIDGE.COM X 2001 NC OPERATION OF CONTINUING CARE RETIREMENT COMMUNITY 12 12 489 15 0 0 976051 1016364 35076657 39315018 1315903 1947640 62760 89998 37431371 42369020 100000 136052 0 0 15119035 17921802 0 0 0 19476426 18116000 34695461 36173854 2735910 6195166 139974802 143230394 167027675 165114108 -27052873 -21883714 GALLOWAY RIDGE EXISTS TO INSPIRE MEANINGFUL AND ENGAGED LIVES AND TO ASSURE EACH RESIDENT A SUPERIOR QUALITY OF LIFE AND CARE. 0 0 28740749 136052 39315018 GALLOWAY RIDGE, INC. PROVIDED HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RESIDENT FACILITY CONTAINING 301 INDEPENDENT LIVING UNITS, 22 ASSISTED LIVING UNITS, 14 MULTI-UNIT ASSISTED HOUSING UNITS, 20 MEMORY CARE UNITS, AND 40 SKILLED NURSING UNITS. GALLOWAY RIDGE WELCOME ITS FIRST RESIDENT IN 2005 WITH A MISSION OF PROVIDING ITS RESIDENTS SUPERIOR SERVICES AT A REASONABLE COST AND STRIVING TO PROVIDE A COMPLEMENT OF SERVICES TO SUPPORT THE RESIDENT'S HEALTH, SOCIAL, SPIRITUAL AND RECREATIONAL NEEDS. 28740749 1 1 0 0 0 0 0 1 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 112 0 1 489 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DANA BOYLAN-WALKER 9195452603 3000 GALLOWAY RIDGE PITTSBORO NC 27312 KELLY MACKAY PRESIDENT AND DIRECTOR 5.00 0.00 X X 0 0 0 LISA CHAPMAN VICE PRESIDENT 1.00 0.00 X X 0 0 0 ROB CANNON TREASURER & DIRECTOR 5.00 0.00 X X 0 0 0 ROBBIE COX SECRETARY & DIRECTOR 5.00 0.00 X X 0 0 0 CARL FOX BOARD MEMBER 1.00 0.00 X 0 0 0 DICK KAHLER BOARD MEMBER 1.00 0.00 X 0 0 0 BOB MARSHALL BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID PERRY BOARD MEMBER 1.00 0.00 X 0 0 0 MARVA PRICE BOARD MEMBER 1.00 0.00 X 0 0 0 ALAN RIMER BOARD MEMBER 1.00 0.00 X 0 0 0 DENIS DE ST AUBIN BOARD MEMBER 1.00 0.00 X 0 0 0 CHRISTINA WINTER BOARD MEMBER 1.00 0.00 X 0 0 0 ROBERT ZIMMER CEO/EXECUTIVE DIRECTOR 50.00 0.00 X 308052 0 12286 DANA BOYLAN-WALKER SR. DIRECTOR OF FINANCE 50.00 0.00 X 137356 0 9627 RYAN PAYNE EXECUTIVE CHEF 50.00 0.00 X 137283 0 6017 MELISSA JOHNSON SR. DIRECTOR OF MARKETING 50.00 0.00 X 151439 0 11736 KIMBERLY HUTTER DIRECTOR OF HUMAN RESOURCES & ADMIN SERVICES 50.00 0.00 X 140594 0 10798 ARVILLA JOHNSON SR DIRECTOR OF HEALTHCARE SERVICES 50.00 0.00 X 142761 0 6419 ADRIAN JACKSON SR DIRECTOR OF FACILITIES & TECHNOLOGY 50.00 0.00 X 134539 0 5561 1152024 0 62444 7 0 1 0 FUNCTIONAL PATHWAYS PO BOX 6030 CAROL STREAM IL 60197 MEDICAL SERVICES 911807 WEAVER COOK CONSTRUCTION LLC PO BOX 26030 GREENSBORO NC 27420 CONSTRUCTION SERVICES 655729 PAULA FLORES SAVE PAINTING LLC 3109 HORNBUCKLE PLACE DURHAM NC 27707 PAINTING SERVICES 532772 WILLIAM P SMITH DBA RIITHINK LLC 600 MARKET STREET STE 206 CHAPEL HILL NC 27516 MARKETING SERVICES 276912 GUARDIAN PHARMACY LLC DBA SOUTHERN PHARM PO BOX 382 PINK HILL NC 28504 PHARMACY SERVICE 141289 6 1016364 14500 1016364 RESIDENT SERVICES 623000 30870938 30870938 HEALTH CARE 623000 5111166 5111166 OTHER 623000 1835638 1835638 DUKE CENTER FOR LIVING 623000 1497276 1497276 39315018 1947640 1947640 89998 0 89998 89998 89998 42369020 39315018 0 2037638 136052 136052 458547 458547 13674629 11416575 2258054 126655 103718 22937 2627750 2133945 493805 1034221 836206 198015 7710 7710 130054 130054 2769909 2181801 588108 154931 154931 441084 51484 389600 434285 342078 92207 2132110 1679420 452690 98713 77754 20959 137079 137079 2318495 1737373 581122 4395569 3311518 1084051 635893 500880 135013 DIETARY EXPENSE 1972756 1972756 SUPPLIES 1412508 1412508 REPAIRS AND MAINTENANCE 836950 659249 177701 EMPLOYEE TRAINING AND D 234137 184425 49712 3817 3007 810 36173854 28740749 7433105 0 373918 701780 4813 914749 862404 1511443 344920 237031 310737 222134 160750318 58841645 93555342 101908673 31103526 23861431 6086286 6554767 7332856 7318386 139974802 143230394 6256975 5766804 91849404 92328749 68674176 66635181 243674 379168 3446 4206 167027675 165114108 X -32064525 -27436631 5011652 5552917 -27052873 -21883714 139974802 143230394 X 6195166 -80418 -945589 X X 0 1 X 1 0 X 1867972 2146350 1033018 976051 1016364 7039755 31114202 32172508 33692416 35076657 39315018 171370801 32982174 34318858 34725434 36052708 40331382 178410556 198444 200196 170148 181116 187368 937272 0 198444 200196 170148 181116 187368 937272 177473284 1585787 1831445 937687 1378663 2037638 7771220 1585787 1831445 937687 1378663 2037638 7771220 34567961 36150303 35663121 37431371 42369020 186181776 0.95320 0.95610 0.04170 0.03830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 5690693 5690693 106422929 42968502 63454427 17930209 8920853 9009356 10238298 5994422 4243876 20468189 957868 19510321 101908673 RESERVE REQUIRED BY STATE STATUTES 7084689 SALES TAX RECEIVABLE 233697 7318386 DCFL DEFERREDS 4206 4206 X 41747337 -80418 945589 865171 40882166 1486854 1486854 42369020 37119443 945589 945589 36173854 0 36173854 PART X, LINE 2: THE COMPANY HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE COMPANY FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE COMPANY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED 945,589. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED CONTRIBUTIONS 1,016,364. RESTRICTED INVESTMENT INCOME 470,490. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED 945,589. 1 AUTISM SOCIETY OF NORTH CAROLINA INC 5121 KINGDOM WAY STE 100 RALEIGH NC 27607 237087887 501(C)(3) 7000 0 PROVIDE SUPPORT TO INDIVIDUALS WITH AUTISM AND THEIR FAMILIES BOYS & GIRLS CLUB OF CENTRAL CAROLINA WREN FAMILY CENTER 1414 BRAG STEET SANFORD NC 27330 561923703 501(C)(3) 10500 0 SUPPORT CHILD AND YOUTH PROGRAMS CENTRAL CAROLINA COMMUNITY COLLEGE FOUNDATION 1105 KELLY DRIVE SANFORD NC 27330 561644218 501(C)(3) 8000 0 PROVIDE SUPPORT FOR EDUCATIONAL & STUDENT SERVICE PROGRAM OFFERINGS CHATHAM CARES COMMUNITY PHARMACY 127 E RALEIGH STREET CARY NC 27344 412170926 501(C)(3) 12000 0 RENT & UTILITIES FOR CLINIC TO PROVIDE FREE MEDICATION CHATHAM TRADES INC 2535 OLD US HWY 421 NORTH SILER CITY NC 27344 561272201 501(C)(3) 10000 0 PROVIDE SUPPORT TO ASSIST ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES EL FUTURO INC 2020 CHAPEL HILL RD STE 23 DURHAM NC 27707 800122334 501(C)(3) 7000 0 SUPPORT FOR BILINGUAL MENTAL HEALTH SERVICES HISPANIC LIAISON OF CHATHAM COUNTY 200 N CHATHAM AVE SILER CITY NC 27344 561974043 501(C)(3) 10000 0 PROVIDE SUPPORT FOR HISPANIC EDUCATIONAL NEEDS JORDAN-MATTHEWS HIGH SCHOOL ARTS FOUNDATION 910 EAST CARDINAL STREET SILER CITY NC 27344 566001006 501(C)(3) 5758 0 SUPPORT PROGRAMS LOVE CHATHAM 421 N HOLLY AVENUE SILER CITY NC 27344 861471922 501(C)(3) 10000 0 PROVIDE SUPPORT FOR SPECIAL NEEDS THE CONFIDENCE PROJECT 1114 FEARRINGTON POST PITTSBORO NC 27312 873806405 501(C)(3) 5794 0 SUPPORT PROGRAMS THE LEARNING TRIAL INC PO BOX 3061 CHAPEL HILL NC 27517 471642083 501(C)(3) 8000 0 PROVIDE ACADEMIC AND SOCIAL SUPPORT TO CHILDREN TRIANGLE YOUTH MUSIC PO BOX 782 CARY NC 275120782 581818884 501(C)(3) 8000 0 SUPPORT PROGRAMS WEST CHATHAM CARING COMMUNITIES 126 VILLAGAGE LAKE ROAD SILER CITY NC 27344 510634273 501(C)(3) 15000 0 FOOD PURCHASES 17 0 PART I, LINE 2: AGENCIES THAT RECEIVE FUNDING FROM GALLOWAY RIDGE MUST SUBMIT AN END OF YEAR REPORT. THE END OF YEAR REPORT IS REVIEWED BY THE DISTRIBUTION COMMITTEE OF THE GALLOWAY RIDGE CHATHAM COUNTY CHARITABLE FUND AND THE AGENCIES ARE CONTACTED IF THERE ARE ANY QUESTIONS AND/OR CONCERNS ABOUT THE USAGE OF FUNDS. X X 0 0 0 0 0 0 0 1 0 ROBERT ZIMMER CEO/EXECUTIVE DIRECTOR 308052 0 0 0 0 0 1000 0 11286 0 320338 0 0 0 MELISSA JOHNSON SR. DIRECTOR OF MARKETING 151439 0 0 0 0 0 591 0 11145 0 163175 0 0 0 KIMBERLY HUTTER DIRECTOR OF HUMAN RESOURCES & ADMIN 140594 0 0 0 0 0 632 0 10166 0 151392 0 0 0 PART I, LINE 3 THE CEO/EXECUTIVE DIRECTOR'S POSITION IS REVIEWED BY THE PRESIDENT AND BOARD CHAIRMAN AND APPROVED BY THE BOARD. PART I, LINE 7 THE EXECUTIVE DIRECTOR AND DEPARTMENTAL HEADS ARE ELIGIBLE FOR PERFORMANCE BONUSES BASED ON AGREED UPON GOALS FOR THE YEAR. A NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65820YKU9 2014-09-10 15494760 SEE PART VI 0 0 0 B NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65820YQW9 2019-10-23 50728876 SEE PART VI 0 0 0 C PUBLIC FINANCE AUTHORITY 273866124 74444VBW9 2022-11-10 11980000 CAMPUS IMPROVEMENTS, ACCRUED INTEREST, DEBT RESERVE, AND ISSUANCE COSTS 0 0 0 A 1284760 15494760 309895 15184865 1 0 0 1 B 12438876 50728876 848124 49880752 1 0 1 1 C 11980000 253303 1352118 237275 10041142 96162 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 0 B 1 C 1 SCHDULE K, PART I, LINE A, COLUMN F, DESCRIPTION OF PURPOSE IN SEPTEMBER 2014, THE COMPANY ISSUED $15,495,000 OF TAX-EXEMPT, ADJUSTABLE RATE FIXED MORTGAGE REVENUE REFUNDING BONDS THROUGH THE NORTH CAROLINA MEDICAL CARE COMMISSION. OF THE TOTAL AMOUNT, $15,000,000 WAS USED TO REFUND THE SERIES 2010B BONDS. THE REMAINING AMOUNTS WERE USED FOR COSTS OF ISSUANCE AND TO SET UP A DEBT SERVICE REFUND. SCHDULE K, PART I, LINE B, COLUMN F, DESCRIPTION OF PURPOSE IN OCTOBER 2019, THE COMPANY ISSUED $45,990,000 OF TAX-EXEMPT, ADJUSTABLE RATE FIXED MORTGAGE REVENUE REFUNDING BONDS ("2019A BONDS") THROUGH THE NORTH CAROLINA MEDICAL CARE COMMISSION. THE SERIES 2019A BONDS WERE ISSUED WITH A PREMIUM OF $4,738,876. THE PROCEEDS OF THE SERIES 2019A BONDS WERE TO BE USED TO REFUND AND DEFEASE THE SERIES 2010A BONDS. FORM 990, PART I, ITEM C DBA: DUKE CENTER FOR LIVING DBA: THE ARBOR FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. UPON COMPLETION, THE RETURN IS REVIEWED BY MANAGEMENT AND DISTRIBUTED ELECTRONICALLY TO THE MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ARE GIVEN TIME TO REVIEW, DISCUSS AND COMMENT PRIOR TO THE FORM BEING ELECTRONICALLY FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY ALL BOARD MEMBERS ANNUALLY. EACH BOARD MEMBER SIGNS A STATEMENT INDICATING THE UNDERSTANDING OF AND COMPLIANCE WITH THE POLICY. THE CONFLICT OF INTEREST POLICY IS BASED UPON THE IRS MODEL CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE CEO/EXECUTIVE DIRECTOR'S POSITION IS REVIEWED BY THE PRESIDENT AND BOARD CHAIRMAN AND APPROVED BY THE BOARD. OTHER KEY EMPLOYEES HAVE AN ANNUAL REVIEW BY THE CEO/EXECUTIVE DIRECTOR AND COMPARABILITY DATA IS REVIEWED ON AN ANNUAL BASIS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 PHOTOCOPIES OF THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE UPON REQUEST. RECENT FILINGS OF THE FORM 990 CAN BE ACCESSED THROUGH GUIDESTAR.ORG, A NON-PROFIT WEBSITE. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS -945,589. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. GRI PROPERTIES LLC 3000 GALLOWAY RIDGE PITTSBORO NC 27312 562277623 RELATED NC 0 0