PRESBYTERIAN HOME AT CHARLOTTE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- PRESBYTERIAN HOME AT CHARLOTTE INC (EIN 56-6064186)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202543179349301974
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T08:14:28-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | 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 | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 566064186 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PRESBYTERIAN HOME AT CHARLOTTE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PRES | BusinessNameControlTxt |
| Phone | 7045531670 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 SHARON ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ANGELA RIGSBEE | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 7045531670 | PhoneNum |
| Signature | 2025-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHRINE A WARLICK | PreparerPersonNm |
| PTIN | P02065266 | PTIN |
| Phone | 7049985200 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHARON AT SOUTHPARK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | ANGELA RIGSBEE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 SHARON ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $42,177,812 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://THESHARON.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1969 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | WE ENRICH RESIDENTS' LIVES BY PROVIDING A NURTURING ENVIRONMENT WITH JOY, PURPOSE, AND WELL-BEING | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 448 | TotalEmployeeCnt |
| Total Volunteers | 133 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,067,019 | PYContributionsGrantsAmt |
| CY Contributions Grants | $293,260 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $33,720,267 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $40,288,562 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,038,682 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,535,485 | CYInvestmentIncomeAmt |
| PY Other Revenue | $35,884 | PYOtherRevenueAmt |
| CY Other Revenue | $60,505 | CYOtherRevenueAmt |
| PY Total Revenue | $36,861,852 | PYTotalRevenueAmt |
| CY Total Revenue | $42,177,812 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,748,116 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,618,284 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,344,248 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,318,492 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $153,063 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,681,886 | PYOtherExpensesAmt |
| CY Other Expenses | $21,567,445 | CYOtherExpensesAmt |
| PY Total Expenses | $35,774,250 | PYTotalExpensesAmt |
| CY Total Expenses | $41,504,221 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,087,602 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $673,591 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $223,264,585 | TotalAssetsBOYAmt |
| Total Assets EOY | $228,997,968 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $151,926,943 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $153,756,314 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $71,337,642 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $75,241,654 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WE ENRICH THE LIVES OF THOSE WE SERVE BY PROVIDING A NURTURING ENVIRONMENT THAT FOSTERS JOY, PURPOSE, AND WELL-BEING. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $39,701,783 | ExpenseAmt |
| Grant | $2,618,284 | GrantAmt |
| Revenue | $40,288,562 | RevenueAmt |
| Desc | THE PRESBYTERIAN HOME AT CHARLOTTE, INC. PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RETIREMENT FACILITY WHICH AT DECEMBER 31, 2024, CONTAINED 253 INDEPENDENT LIVING UNITS, 40 ASSISTED LIVING UNITS, AND A 96 BED HEALTH CARE CENTER. | Desc |
| Total Program Service Expenses | $39,701,783 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 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 | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | 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 | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 28 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 448 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | 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 | 0 | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES R GASKINS | PersonNm |
| Phone | 7045533802 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 SHARON ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28210 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| ROBERT T DOOLEY | ||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICHARD L NICHOLS | ||||||||
| PAST CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| COOKIE F PARNELL | ||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RICHARD D WILLIAMS | ||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KEITH G BUTLER | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTHA K CADDELL | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ADELAIDE A DAVIS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| EDITH M HALL | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES J HARRIS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CLEVE W HOWARD | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RAY A KILLIAN JR | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANNE S MCQUISTON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM A NICHOLS | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| B PARTHENIA RICHARDSON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| THECKLA D STERRETT | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CURTIS L TRENKELBACH | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| WORTH W WILSON | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JONATHAN C WINDHAM | ||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA RIGSBEE | ||||||||
| PRESIDENT AND CEO | 40.00 | 1.00 | Yes (X) | $286,390 | $0 | $34,057 | ||
| CHARLES R GASKINS | ||||||||
| CFO | 40.00 | 1.00 | Yes (X) | $251,746 | $0 | $41,938 | ||
| MILTON MCGOWIAN | ||||||||
| COO | 40.00 | 0.00 | Yes (X) | $212,715 | $0 | $32,119 | ||
| CORY STEPANSKI | ||||||||
| DIRECTOR OF FACILITY SERVICES | 40.00 | 0.00 | $125,485 | $0 | $36,949 | Yes (X) | ||
| ANN MARIE LADIS | ||||||||
| DIRECTOR OF MARKETING | 32.00 | 0.00 | $143,771 | $0 | $18,090 | Yes (X) | ||
| NIKKI J NELSON | ||||||||
| SALES MANAGER | 40.00 | 0.00 | $122,717 | $0 | $44,229 | Yes (X) | ||
| CARLA ROBERTS | ||||||||
| LPN | 48.00 | 0.00 | $118,191 | $0 | $1,280 | Yes (X) | ||
| ELIZABETH BYRD | ||||||||
| VP NURSING SERVICES | 40.00 | 0.00 | $134,458 | $0 | $11,040 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,395,473 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $219,702 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 16 | 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 |
|---|---|---|---|---|---|
| ROSS ALLEN CUSTOM BUILDERS INC | |||||
| 9313 MONROE ROAD | CHARLOTTE | NC | 28270 | BUILDING RENOVATION CONTRACTOR | $3,738,364 |
| MESSER CONSTRUCTION CO | |||||
| 2400 EXECUTIVE STREET | CHARLOTTE | NC | 28208 | BUILDING CONSTRUCTION CONTRACTOR | $1,840,833 |
| US FOODS INC | |||||
| 7801 STATESVILLE ROAD | CHARLOTTE | NC | 28269 | FOODSERVICE | $1,476,987 |
| SHOOK KELLEY | |||||
| 1545 WEST TRADE STREET | CHARLOTTE | NC | 28216 | ARCHITECT SERVICES | $1,381,064 |
| FUNCTIONAL PATHWAYS | |||||
| 10133 SHERRILL BLVD SUITE 200 | KNOXVILLE | TN | 37932 | THERAPY CONTRACT SERVICES | $1,169,837 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 33 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $293,260 | AllOtherContributionsAmt |
| Noncash Contributions | $26,094 | NoncashContributionsAmt |
| Total Contributions | $293,260 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING | 623990 | $15,395,298 | $15,395,298 |
| HEALTH CARE | 623990 | $11,885,905 | $11,885,905 |
| ENTRANCE FEES | 623990 | $8,293,905 | $8,293,905 |
| ASSISTED LIVING | 623990 | $2,663,389 | $2,663,389 |
| OTHER RESIDENT SERVICE | 623990 | $2,050,065 | $2,050,065 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $40,288,562 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,481,975 | TotalRevenueColumnAmt |
| Exclusion | $1,481,975 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $60,505 | 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 | $60,505 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $60,505 | TotalRevenueColumnAmt |
| Exclusion | $60,505 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,510 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $53,510 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,510 | TotalRevenueColumnAmt |
| Exclusion | $53,510 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,177,812 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $40,288,562 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,595,990 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,306,965 | TotalAmt |
| Program Services | $1,306,965 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,311,319 | TotalAmt |
| Program Services | $1,311,319 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $858,965 | TotalAmt |
| Program Services | $770,836 | ProgramServicesAmt |
| Management And General | $81,804 | ManagementAndGeneralAmt |
| Fundraising | $6,325 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,645,162 | TotalAmt |
| Program Services | $12,206,400 | ProgramServicesAmt |
| Management And General | $1,342,865 | ManagementAndGeneralAmt |
| Fundraising | $95,897 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,314 | TotalAmt |
| Program Services | $175,448 | ProgramServicesAmt |
| Management And General | $12,898 | ManagementAndGeneralAmt |
| Fundraising | $1,968 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,676,940 | TotalAmt |
| Program Services | $1,542,932 | ProgramServicesAmt |
| Management And General | $117,035 | ManagementAndGeneralAmt |
| Fundraising | $16,973 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $947,111 | TotalAmt |
| Program Services | $845,975 | ProgramServicesAmt |
| Management And General | $94,773 | ManagementAndGeneralAmt |
| Fundraising | $6,363 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,202 | TotalAmt |
| Program Services | $179,202 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,463 | TotalAmt |
| Program Services | $100,463 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $219,851 | TotalAmt |
| Program Services | $219,851 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,762 | TotalAmt |
| Program Services | $318,235 | ProgramServicesAmt |
| Fundraising | $3,527 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $135,382 | TotalAmt |
| Program Services | $135,382 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,383 | TotalAmt |
| Program Services | $357,383 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,237,535 | TotalAmt |
| Program Services | $2,236,073 | ProgramServicesAmt |
| Fundraising | $1,462 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,618,670 | TotalAmt |
| Program Services | $3,618,670 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,444,172 | TotalAmt |
| Program Services | $7,444,172 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $490,484 | TotalAmt |
| Program Services | $490,484 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| HOUSEKEEPING & MAINTENA | $1,873,203 | $1,873,178 | $25 |
| FOOD & DIETARY | $1,838,702 | $1,838,702 | |
| HEALTH CARE SUPPLIES | $1,712,934 | $1,712,934 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,037,702 | TotalAmt |
| Program Services | $1,017,179 | ProgramServicesAmt |
| Fundraising | $20,523 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,504,221 | TotalAmt |
| Program Services | $39,701,783 | ProgramServicesAmt |
| Management And General | $1,649,375 | ManagementAndGeneralAmt |
| Fundraising | $153,063 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,650 | BOYAmt |
| EOY | $1,650 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,881,704 | BOYAmt |
| EOY | $12,234,518 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $101,263 | BOYAmt |
| EOY | $299,700 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,511,717 | BOYAmt |
| EOY | $1,608,148 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $409,189 | BOYAmt |
| EOY | $578,873 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $210,996,355 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $50,314,645 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,294,576 | BOYAmt |
| EOY | $160,681,710 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,586,684 | BOYAmt |
| EOY | $29,938,685 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,477,802 | BOYAmt |
| EOY | $23,654,684 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,264,585 | BOYAmt |
| EOY | $228,997,968 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,326,021 | BOYAmt |
| EOY | $5,106,788 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,202,364 | BOYAmt |
| EOY | $55,687,387 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,475,183 | BOYAmt |
| EOY | $81,262,663 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000,000 | BOYAmt |
| EOY | $4,936,181 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,923,375 | BOYAmt |
| EOY | $6,763,295 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,926,943 | BOYAmt |
| EOY | $153,756,314 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,684,616 | BOYAmt |
| EOY | $71,894,073 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,653,026 | BOYAmt |
| EOY | $3,347,581 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,337,642 | BOYAmt |
| EOY | $75,241,654 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $223,264,585 | BOYAmt |
| EOY | $228,997,968 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $673,591 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,582,700 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $647,721 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $2,186,836 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,060,084 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,432,369 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,067,019 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $293,260 | CurrentTaxYearAmt |
| Total | $9,039,568 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,500,784 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,753,588 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,236,684 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $33,720,267 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,288,562 | CurrentTaxYearAmt |
| Total | $154,499,885 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $28,687,620 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,813,672 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,669,053 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $35,787,286 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,581,822 | CurrentTaxYearAmt |
| Total | $163,539,453 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $73,855 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,605 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,414 | CurrentTaxYearAmt |
| Total | $133,874 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $73,855 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $19,605 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $40,414 | CurrentTaxYearAmt |
| Total | $133,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $163,405,579 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $787,942 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $819,642 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $663,579 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,110,525 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,542,480 | CurrentTaxYearAmt |
| Total | $4,924,168 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $787,942 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $819,642 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $663,579 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,110,525 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,542,480 | CurrentTaxYearAmt |
| Total | $4,924,168 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,475,562 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,633,314 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,332,632 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $36,897,811 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,124,302 | CurrentTaxYearAmt |
| Total | $168,463,621 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97000 | PublicSupportCY509Pct |
| Public Support PY509 | 0.97030 | PublicSupportPY509Pct |
| Investment Income CY | 0.02920 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02700 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,731,499 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $207,514 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $207,514 | OtherExpendituresAmt |
| End Year Balance | $2,731,499 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,696,784 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $242,765 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $208,050 | OtherExpendituresAmt |
| End Year Balance | $2,731,499 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,032,006 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$335,222 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,696,784 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,032,006 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $387,526 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $387,526 | OtherExpendituresAmt |
| End Year Balance | $3,032,006 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,032,006 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $158,873 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $158,873 | OtherExpendituresAmt |
| End Year Balance | $3,032,006 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $464,186 | OtherCostOrOtherBasisAmt |
| Book Value | $464,186 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $200,335,583 | OtherCostOrOtherBasisAmt |
| Depreciation | $43,509,281 | DepreciationAmt |
| Book Value | $156,826,302 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,196,586 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,805,364 | DepreciationAmt |
| Book Value | $3,391,222 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $160,681,710 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (6 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| CIP | $4,979,147 |
| OTHER ASSETS | $4,000 |
| CAPITAL CAMPAIGN FUND | $496,756 |
| HELD UNDER BOND AGREEMENTS | $7,730,345 |
| BENEFICIAL INTEREST IN FOUNDATION | $3,590,436 |
| STATUTORY OPERATING RESERVE | $6,854,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $23,654,684 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| ENTRANCE FEE DEPOSITS | $926,150 |
| REFUNDABLE ENTRANCE FEES | $5,837,145 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $6,763,295 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE SHARON AND THE FOUNDATION HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE SHARON AND THE FOUNDATION FILE AS TAX-EXEMPT ORGANIZATIONS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECTED TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE SHARON AND THE FOUNDATION FOLLOW GUIDANCE IN THE INCOME TAX STANDARD REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THE STANDARD HAS HAD NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| THE SHARON FOUNDATION | ||||||||||
| 5100 SHARON ROAD | CHARLOTTE | NC | 28210 | 863815687 | 501(C)(3) | $500,000 | $0 | CONTINUE TO SUPPORT THE SHARON AT SOUTHPARK | ||
| UNC CHARLOTTE | ||||||||||
| 9201 UNIVERSITY CITY BLVD | CHARLOTTE | NC | 28223 | 560791228 | 170(B)(1)(A)(II) | $262,793 | $0 | SUPPORT UNCC PROGRAM TO PROVIDE UNDERSERVED SENIORS WITH PERSONALIZED HEALTH ASSESSMENTS | ||
| INREACH | ||||||||||
| 4530 PARK ROAD SUITE 300 | CHARLOTTE | NC | 28209 | 521084075 | 501(C)(3) | $110,143 | $0 | SUPPORT A WIDE VARIETY OF SERVICES TO INDIVIDUALS WITH INTELLECTUAL AND MENTAL CHALLENGES. | ||
| ALZHEIMER'S ASSOCIATION | ||||||||||
| 4600 PARK ROAD SUITE 250 | CHARLOTTE | NC | 28209 | 561440727 | 501(C)(3) | $105,000 | $14,701 | WALK TO END ALZHEIMER'S AND DEMENTIA EDUCATION | BOOK | PARTICIPATION OF EMPLOYEES IN ANNUAL WALK AND SUPPLIES |
| QUEEN'S UNIVERSITY | ||||||||||
| 1900 SELWYN AVENUE | CHARLOTTE | NC | 28274 | 560530003 | 501(C)(3) | $100,000 | $0 | LEARNING SOCIETY PROGRAM | ||
| SHARON PRESBYTERIAN CHURCH | ||||||||||
| 5201 SHARON ROAD | CHARLOTTE | NC | 28210 | 566018312 | 501(C)(3) | $25,000 | $0 | SERVE HUMAN NEED | ||
| AMERICA'S CHARITIES | ||||||||||
| 14200 PARK MEADOW DR SUITE 330S | CHANTILLY | VA | 20151 | 541517707 | 501(C)(3) | $20,000 | $0 | SUPPORTS NOT FOR PROFIT ORGANIZATIONS TO PROVIDE EMPLOYEE ASSISTANCE DURING PERSONAL HARDSHIPS. | ||
| LEADINGAGE NC FOUNDATION | ||||||||||
| 1821 HILLANDALE RD STE 1B-333 | DURHAM | NC | 27705 | 581594182 | 501(C)(3) | $20,000 | $0 | HURRICANE HELENE RELIEF FOR SENIOR LIVING COMMUNITIES IN WESTERN NC | ||
| MEMORY AND MOVEMENT | ||||||||||
| 300 BILLINGSLEY ROAD STE 108 | CHARLOTTE | NC | 28211 | 464329944 | 501(C)(3) | $10,000 | $0 | COMPREHENSIVE CARE FOR MEMORY AND MOVEMENT DISORDERS REGARDLESS OF FINANCIAL SITUATION. | ||
| SOUTHPARK COMMUNITY PARTNERS | ||||||||||
| 4250 CONGRESS STREET STE 110 | CHARLOTTE | NC | 28209 | 883306150 | 501(C)(3) | $10,000 | $0 | SOUTHPARK AFTER FIVE | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 10 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | WAIVE ENTRANCE FEE AND/OR SUBSIDIZED SERVICE FEES FOR RESIDENTS | GrantTypeTxt |
| Recipient | 23 | RecipientCnt |
| Cash Grant | $1,311,319 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | PRESBYTERIAN HOME AT CHARLOTTE, INC PROVIDES FINANCIAL ASSISTANCE TO ITS RESIDENTS WHO CANNOT AFFORD THE FULL COST OF THEIR CARE. THIS ASSISTANCE WAS GIVEN VIA WAIVED ENTRY FEES AND SUBSIDIZATION OF MONTHLY SERVICE FEES. TWENTY-THREE RESIDENTS RECEIVED FINANCIAL ASSISTANCE IN EXCESS OF $5000 FOR 2024. THEIR ASSISTANCE TOTALED $1,311,319. RECIPIENTS ARE REQUALIFIED ANNUALLY AFTER A REVIEW OF THEIR INCOME AND EXPENSES. FINANCIAL RECORDS ARE KEPT ON ALL ASSISTANCE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| 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 | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | Yes (1) | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ANGELA RIGSBEE | ||||||||||||||
| PRESIDENT AND CEO | $253,647 | $0 | $30,000 | $0 | $2,743 | $0 | $9,548 | $0 | $24,509 | $0 | $320,447 | $0 | $0 | $0 |
| CHARLES R GASKINS | ||||||||||||||
| CFO | $214,783 | $0 | $26,600 | $0 | $10,363 | $0 | $8,602 | $0 | $33,336 | $0 | $293,684 | $0 | $0 | $0 |
| MILTON MCGOWIAN | ||||||||||||||
| COO | $191,115 | $0 | $21,600 | $0 | $0 | $0 | $7,096 | $0 | $25,023 | $0 | $244,834 | $0 | $0 | $0 |
| NIKKI J NELSON | ||||||||||||||
| SALES MANAGER | $122,717 | $0 | $0 | $0 | $0 | $0 | $4,466 | $0 | $39,763 | $0 | $166,946 | $0 | $0 | $0 |
| CORY STEPANSKI | ||||||||||||||
| DIRECTOR OF FACILITY SERVICES | $125,485 | $0 | $0 | $0 | $0 | $0 | $4,522 | $0 | $32,427 | $0 | $162,434 | $0 | $0 | $0 |
| ANN MARIE LADIS | ||||||||||||||
| DIRECTOR OF MARKETING | $143,771 | $0 | $0 | $0 | $0 | $0 | $4,733 | $0 | $13,357 | $0 | $161,861 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | THE COMPANY DOES NOT HAVE AN EXTERNAL REVIEW, HOWEVER, THE EXECUTIVE COMMITTEE OF THE SHARON'S BOARD SERVES AS THE COMPENSATION COMMITTEE. THE COMMITTEE IS GIVEN A WAGE AND SALARY SURVEY CONDUCTED ANNUALLY BY THE LEADINGAGE NATIONAL AND THE HOSPITAL AND HEALTH CARE COMPENSATION SERVICE. THE SURVEY CONSISTS OF DATA FROM OTHER CONTINUING CARE RETIREMENT COMMUNITIES (CCRC'S) FOR THE ENTIRE COUNTRY. THE DELIBERATION AND DECISION IS THEN DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE SHARON'S HUMAN RESOURCES RECORDS. |
| PART I, LINE 5 | CEO, CFO, & VPS HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS. |
| PART I, LINE 6 | CEO, CFO, & VPS HAD CERTAIN TARGETS TO ATTAIN INCLUDING "INCOME AVAILABLE FOR DEBT SERVICE" COMPARED TO FORECASTED FIGURES TO EARN A PORTION OF THEIR BONUS. |
| PART I, LINE 7 | CEO, CFO, AND VP'S HAD CERTAIN NON-FINANCIAL GOALS TO MEET IN ORDER TO RECEIVE A PORTION OF THEIR BONUS. |
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 A BONDS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 521309402 | BondIssuerEIN |
| CUSIP | 65820YQK5 | CUSIPNum |
| Bond Issued | 2019-12-05 | BondIssuedDt |
| Issue Price | $83,995,931 | IssuePriceAmt |
| Purpose | SEE PART VI | 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 |
| Total Proceeds | $83,995,931 | TotalProceedsAmt |
| In Reserve Fund | $5,269,750 | InReserveFundAmt |
| Capitalized Interest | $7,977,517 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $1,616,080 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $64,242,584 | CapitalExpendituresAmt |
| Other Spent Proceeds | $4,890,000 | OtherSpentProceedsAmt |
| Substantial Completion | 2023 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | 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 | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | Yes (1) | NoRebateDueInd |
| Variable Rate Issue | 0 | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| 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 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: NC MEDICAL CARE COMMISSION A BONDS DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2024 |
| PART I, ISSUE A | THE PURPOSE OF THIS BOND ISSUE WAS TO FINANCE THE COSTS OF CONSTRUCTING AND EQUIPPING A NEW INDEPENDENT LIVING APARTMENT BUILDING, TO FUND CAPITAL IMPROVEMENTS TO BUILDINGS THROUGHOUT THE ORGANIZATION'S CAMPUS, TO REFUND THE OUTSTANDING 2001 VARIABLE RATE DEMAND HEALTH CARE FACILITIES REVENUE BONDS, TO TERMINATE ITS INTEREST RATE SWAP AGREEMENT, TO FUND A DEBT SERVICE RESERVE FUND, TO PAY A PORTION OF THE INTEREST ACCRUED ON THE SERIES 2019A BONDS, AND TO PAY CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE SERIES 2019A BONDS. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,094 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | MARKET PRICE | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | GRAND PIANO | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $25,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | COLUMN B REPRESENTS THE NUMBER OF DONORS. |
| PART I, LINE 32B: | FOR CONTRIBUTIONS OF STOCK, THE ORGANIZATION USES A THIRD PARTY BROKER TO SELL THE STOCK DONATED AND CONVERT IT TO CASH. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE VOTES ON ISSUES THAT COME UP IN BETWEEN BOARD MEETINGS. THEIR DECISIONS ARE RATIFIED AT THE NEXT FULL BOARD MEETING. THE EXECUTIVE COMMITTEE IS MADE UP OF THE IMMEDIATE PAST BOARD CHAIR, THE CURRENT BOARD CHAIR, THE SECRETARY, THE TREASURER, AND COMMITTEE CHAIRS. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION REVISED ITS BYLAWS TO REDUCE THE NUMBER OF BOARD MEMBERS FROM 18-24 TO 12-16 MEMBERS. IN ADDITION, THE CHIEF OPERATING OFFICER WAS ADDED TO ARTICLE 4 "OFFICERS." |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD PRESENTS A NEW CLASS OF BOARD MEMBERS ANNUALLY TO THE PRESBYTERY OF CHARLOTTE. THE PRESBYTERY APPROVES THE NEW MEMBERS. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER RECEIVING THE FORM 990 FROM OUR AUDITOR, IT IS REVIEWED BY OUR CHIEF FINANCIAL OFFICER AND CEO. THE REDACTED VERSION WITHOUT DONOR NAMES IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST STATEMENT DISCLOSING ANY POTENTIAL CONFLICTS OF INTEREST; BOARD MEMBERS ABSTAIN FROM ANY DECISION/VOTE THAT MAY BE A CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION B, LINE 15 | IN 2024 THE COMPANY HAD AN EXTERNAL COMPENSATION REVIEW. THE EXECUTIVE COMMITTEE OF THE SHARON'S BOARD SERVES AS THE COMPENSATION COMMITTEE. THE COMMITTEE WAS GIVEN THIS WAGE AND SALARY SURVEY CONDUCTED BY AN INDEPENDENT SALARY CONSULTANT. THE DATA INCLUDED MULTIPLE SALARY SURVEYS INCLUDING CCRC'S AS WELL AS SIMILAR & COMPETING ORGANIZATIONS. THIS DATA WAS USED IN CONFIRMING THE 2024 SALARY AND ADJUSTMENTS WERE MADE IN 2025. CEO COMPENSATION IS DOCUMENTED AND PLACED IN THE CEO'S FILE HELD BY THE BOARD CHAIR. A COPY IS ALSO KEPT IN THE SHARON'S RECORDS. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST, AND FINANCIALS ARE ALSO AVAILABLE ON MSRB/EMMA REPORTING WEBSITE FOR BONDS |
| FORM 990, PART XI, LINE 9: | BENEFICIAL INTEREST IN NET ASSETS OF THE FOUNDATION 647,721. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS OF SELECTING AND OVERSEEING THE INDEPENDENT ACCOUNTANT IS UNCHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHARON FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5100 SHARON ROAD | AddressLine1Txt |
| City | CHARLOTTE | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 863815687 | EIN |
| Primary Activities | SUPPORT OF SHARON TOWERS | PrimaryActivitiesTxt |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12A, I | PublicCharityStatusTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PRESBYTERIAN HOME AT CHARLOTTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | 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 | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | 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 | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SHARON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $500,000 | InvolvedAmt |
| Method Of Amount Determination | CASH | MethodOfAmountDeterminationTxt |