BONITA SPRINGS RETIREMENT VILLAGE INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BONITA SPRINGS RETIREMENT VILLAGE INC (EIN 26-2386152)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-14
- IRS object ID
- 202513189349306571
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-14T11:21:51-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY ADVISORY GROUP LP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1570 FRUITVILLE PIKE SUITE 400 | AddressLine1Txt |
| City | LANCASTER | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 17601 | 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 | 262386152 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BONITA SPRINGS RETIREMENT VILLAGE INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BONI | BusinessNameControlTxt |
| Phone | 2156618330 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 DELAWARE DRIVE | AddressLine1Txt |
| City | FORT WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19034 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN AHERN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2156618330 | PhoneNum |
| Signature | 2025-11-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
| Form8822 B Attached | Yes (X) | Form8822BAttachedInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KERRI N BOGDA | PreparerPersonNm |
| PTIN | P00760402 | PTIN |
| Phone | 7177404863 | PhoneNum |
| Preparation | 2025-11-14 | 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 TERRACES AT BONITA SPRINGS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | GERALD T GRANT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 DELAWARE DRIVE | AddressLine1Txt |
| City | FORT WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19034 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $24,418,726 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.ACTSRETIREMENT.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2008 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | THE PURPOSE OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 2 | VotingMembersIndependentCnt |
| Total Employee | 306 | TotalEmployeeCnt |
| Total Volunteers | 2 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $88,690 | PYContributionsGrantsAmt |
| CY Contributions Grants | $69,665 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $22,573,706 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $23,572,077 | CYProgramServiceRevenueAmt |
| PY Investment Income | $605,620 | PYInvestmentIncomeAmt |
| CY Investment Income | $624,805 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $128,307 | CYOtherRevenueAmt |
| PY Total Revenue | $23,268,016 | PYTotalRevenueAmt |
| CY Total Revenue | $24,394,854 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,201,560 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $10,670,948 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $18,974,265 | PYOtherExpensesAmt |
| CY Other Expenses | $21,921,891 | CYOtherExpensesAmt |
| PY Total Expenses | $29,175,825 | PYTotalExpensesAmt |
| CY Total Expenses | $32,592,839 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$5,907,809 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$8,197,985 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $100,350,922 | TotalAssetsBOYAmt |
| Total Assets EOY | $134,900,714 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $190,812,425 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $134,834,580 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$90,461,503 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $66,134 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS IS COMMITTED TO PROVIDING SECURITY AND PEACE OF MIND TO SENIORS BY BEING THE PRE-EMINENT PROVIDER OF RETIREMENT-LIFE SERVICES, RESPONSIVE TO INDIVIDUAL, SOCIAL, PERSONAL, HEALTH AND SPIRITUAL NEEDS IN A CHRISTIAN ATMOSPHERE GRACED WITH LOVING-KINDNESS, DIGNITY, SENSITIVITY, HONESTY, AND RESPECT WITHOUT PREJUDICE OR PREFERENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $24,542,118 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $23,572,077 | RevenueAmt |
| Desc | BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS PROVIDES LIFE CARE SERVICES TO SENIOR ADULTS AGED 62 AND OLDER THAT INCLUDE INDEPENDENT LIVING HOUSING, DINING AND NUTRITIONAL SERVICES, PASTORAL SERVICES, SECURITY, HOUSEKEEPING, MAINTENANCE SERVICES AND SOCIAL, CULTURAL, EDUCATIONAL, SPIRITUAL AND RECREATIONAL ACTIVITIES. IN ADDITION, WHEN A RESIDENT'S HEALTH CARE NEEDS CHANGE, BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS OFFERS ASSISTED LIVING, MEMORY CARE, SKILLED NURSING CARE AND HOSPICE SERVICES. AT DECEMBER 31, 2024, BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS SERVED 145 RESIDENTS IN INDEPENDENT LIVING, 62 RESIDENTS IN ASSISTED LIVING, AND 31 RESIDENTS IN SKILLED CARE. | Desc |
| Total Program Service Expenses | $24,542,118 | 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 | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | 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 | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | 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 | 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 | 77 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 306 | 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 | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 2 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN AHERN TREASURER | PersonNm |
| Phone | 2156642738 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 DELAWARE DRIVE | AddressLine1Txt |
| City | FORT WASHINGTON | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190342711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 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 |
|---|---|---|---|---|---|---|---|---|
| GERALD T GRANT | ||||||||
| CEO/CHAIRMAN/DIRECTOR (EFF. 11/1/24) | 1.00 | 49.00 | Yes (X) | Yes (X) | $0 | $873,088 | $922,751 | |
| KAREN I CHRISTIANSEN | ||||||||
| PRES./VICE CHAIR/DIR.(EFF. 11/1/24 | 1.00 | 49.00 | Yes (X) | Yes (X) | $0 | $637,993 | $276,649 | |
| ELRIC C GERNER | ||||||||
| SECRETARY (EFF.11/1/24) | 1.00 | 2.60 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAMES T GLYNN | ||||||||
| DIRECTOR (EFF. 11/1/24) | 1.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| LAWRENCE G SCHREIBER | ||||||||
| PRESIDENT & CEO (THRU 10/31/2024) | 1.00 | 46.00 | Yes (X) | Yes (X) | $0 | $6,604,896 | $60,303 | |
| GLENDA EVANS HOOD | ||||||||
| CHAIR (THRU 10/31/2024) | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JACKSON NORMAN SAAER PHD | ||||||||
| VICE CHAIR (THRU 10/31/2024) | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| BENJAMIN IRVING DOERR JR | ||||||||
| TREASURER (THRU 10/31/2024) | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KEVIN R MADDRON | ||||||||
| DIRECTOR (THRU 10/31/2024) | 1.00 | 7.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID STEWART | ||||||||
| DIRECTOR (THRU 10/31/2024) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STUART WALKER | ||||||||
| DIRECTOR (THRU 10/31/2024) | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN D FOX | ||||||||
| ASSISTANT SECRETARY (EFF. 11/1/24) | 1.00 | 49.00 | Yes (X) | $0 | $499,910 | $493,396 | ||
| JONATHAN D GRANT | ||||||||
| ASSISTANT SECRETARY (EFF. 11/1/24) | 1.00 | 49.00 | Yes (X) | $0 | $458,040 | $144,921 | ||
| SUSAN AHERN | ||||||||
| TREASURER (EFF. 11/1/24) | 1.00 | 49.00 | Yes (X) | $0 | $367,783 | $33,889 | ||
| PEGGY C VALDIVIA | ||||||||
| ASSISTANT TREASURER (EFF. 11/1/24) | 1.00 | 49.00 | Yes (X) | $0 | $253,989 | $22,383 | ||
| STEVEN ZIEGLER | ||||||||
| PRESIDENT & CLO (THRU 10/31/2024) | 1.00 | 46.00 | Yes (X) | $0 | $1,752,513 | $55,883 | ||
| MICHELE WASSERLAUF | ||||||||
| EXECUTIVE DIRECTOR | 45.00 | 0.00 | $27,914 | $328,858 | $93,187 | Yes (X) | ||
| DAVID GRAY | ||||||||
| NURSING HOME ADMINISTRATOR | 40.00 | 0.00 | $174,711 | $0 | $8,376 | Yes (X) | ||
| LISA COX | ||||||||
| DIRECTOR OF NURSING | 40.00 | 0.00 | $141,345 | $0 | $12,619 | Yes (X) | ||
| RACHEL HENDERSON | ||||||||
| SR MANAGER OF COMMUNITY SALES & MARKETING | 40.00 | 0.00 | $128,090 | $0 | $18,942 | Yes (X) | ||
| KELLY MAIER | ||||||||
| LIFE CARE CONSULTANT | 40.00 | 0.00 | $126,750 | $0 | $6,790 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $598,810 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $11,777,070 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,150,089 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 8 | 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 |
|---|---|---|---|---|---|
| POLSINELLI PC | |||||
| PO BOX 878681 | KANSAS CITY | MO | 641878681 | LEGAL SERVICES | $1,347,243 |
| SANTAFE HEALTHCARE INC | |||||
| PO BOX 749 | GAINSVILLE | FL | 326020749 | MANAGEMENT SERVICES | $980,000 |
| FTI CONSULTING INC | |||||
| PO BOX 418005 | BOSTON | MA | 02241 | CONSULTING SERVICES | $924,812 |
| EVOLUTION E&S CORP | |||||
| 1202 SOUTH WEST 17 | CAPE CORAL | FL | 33991 | CONSTRUCTION | $835,682 |
| SANTAFE MANAGEMENT SERVICES LLC | |||||
| 4300 NW 89TH BLVD | GAINSVILLE | FL | 32606 | MANAGEMENT SERVICES | $538,057 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $69,665 | AllOtherContributionsAmt |
| Total Contributions | $69,665 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| MONTHLY SERVICE FEES | 531110 | $11,013,795 | $11,013,795 |
| MEDICAL SERVICES REVENUE | 900099 | $5,299,603 | $5,299,603 |
| MEDICARE | 900099 | $3,285,754 | $3,285,754 |
| ENTRANCE FEE AMORTIZATION | 900099 | $2,691,711 | $2,691,711 |
| ADMINISTRATIVE FEE | 900099 | $697,549 | $697,549 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $583,665 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $583,665 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $23,572,077 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $581,876 | TotalRevenueColumnAmt |
| Exclusion | $581,876 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $41,508 | TotalRevenueColumnAmt |
| Exclusion | $41,508 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $48,199 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $23,872 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $24,327 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,327 | TotalRevenueColumnAmt |
| Exclusion | $24,327 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,421 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,421 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,421 | TotalRevenueColumnAmt |
| Exclusion | $1,421 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| CAFE, CATERING, VENDING INCOME | 900099 | $54,433 | $54,433 |
| APARTMENT MODIFICATION | 623000 | $44,030 | $44,030 |
| EMPLOYEE MEALS | 900099 | $4,086 | $4,086 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,431 | TotalRevenueColumnAmt |
| Exclusion | $1,431 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $103,980 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,394,854 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $23,572,077 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $753,112 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,136,949 | TotalAmt |
| Program Services | $8,048,436 | ProgramServicesAmt |
| Management And General | $1,088,513 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,180 | TotalAmt |
| Program Services | $54,692 | ProgramServicesAmt |
| Management And General | $10,488 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $801,709 | TotalAmt |
| Program Services | $695,924 | ProgramServicesAmt |
| Management And General | $105,785 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $667,110 | TotalAmt |
| Program Services | $590,131 | ProgramServicesAmt |
| Management And General | $76,979 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,210,466 | TotalAmt |
| Management And General | $3,210,466 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,356 | TotalAmt |
| Management And General | $50,356 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,787 | TotalAmt |
| Management And General | $20,787 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,671,259 | TotalAmt |
| Program Services | $1,631,006 | ProgramServicesAmt |
| Management And General | $40,253 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $561,474 | TotalAmt |
| Management And General | $561,474 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $602,258 | TotalAmt |
| Program Services | $497,966 | ProgramServicesAmt |
| Management And General | $104,292 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,865 | TotalAmt |
| Management And General | $185,865 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,586,948 | TotalAmt |
| Program Services | $2,586,948 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,455 | TotalAmt |
| Program Services | $39,583 | ProgramServicesAmt |
| Management And General | $3,872 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,685,022 | TotalAmt |
| Program Services | $4,685,022 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,523,096 | TotalAmt |
| Program Services | $3,233,977 | ProgramServicesAmt |
| Management And General | $289,119 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $321,253 | TotalAmt |
| Program Services | $321,253 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|
| MANAGEMENT EXPENSES | $2,017,653 | $2,017,653 | |
| FOOD EXPENSE | $1,192,293 | $1,192,293 | |
| ACCRETION OF DEBT | $413,921 | $413,921 | |
| MEDICAL SUPPLIES | $237,922 | $237,922 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $597,863 | TotalAmt |
| Program Services | $313,044 | ProgramServicesAmt |
| Management And General | $284,819 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,592,839 | TotalAmt |
| Program Services | $24,542,118 | ProgramServicesAmt |
| Management And General | $8,050,721 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $200 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,426,655 | BOYAmt |
| EOY | $3,153,648 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $815,722 | BOYAmt |
| EOY | $1,367,307 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,388 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $270,148 | BOYAmt |
| EOY | $320,985 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $109,113,273 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $359,951 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $80,913,378 | BOYAmt |
| EOY | $108,753,322 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,367,410 | BOYAmt |
| EOY | $12,613,718 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $358,051 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $7,643,987 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,436,721 | BOYAmt |
| EOY | $689,496 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,350,922 | BOYAmt |
| EOY | $134,900,714 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,261,660 | BOYAmt |
| EOY | $3,462,302 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,419 | BOYAmt |
| EOY | $71,106,282 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,947,299 | BOYAmt |
| EOY | $59,640,803 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,509,047 | BOYAmt |
| EOY | $625,193 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $190,812,425 | BOYAmt |
| EOY | $134,834,580 | 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 | -$91,014,469 | BOYAmt |
| EOY | -$291,916 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $552,966 | BOYAmt |
| EOY | $358,050 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$90,461,503 | BOYAmt |
| EOY | $66,134 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,350,922 | BOYAmt |
| EOY | $134,900,714 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$8,197,985 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $176,101 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $98,549,521 | 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) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| 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 | $611,593 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $607,979 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,944 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $88,690 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $69,665 | CurrentTaxYearAmt |
| Total | $1,431,871 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $18,648,560 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,189,621 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,837,642 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,573,706 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,572,077 | CurrentTaxYearAmt |
| Total | $103,821,606 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,260,153 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,797,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $20,891,586 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,662,396 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $23,641,742 | CurrentTaxYearAmt |
| Total | $105,253,477 | 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) |
|---|---|---|
| Current Tax Year Minus2 Years | $158,185 | CurrentTaxYearMinus2YearsAmt |
| Total | $158,185 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $158,185 | CurrentTaxYearMinus2YearsAmt |
| Total | $158,185 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $105,095,292 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $756,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $194,332 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,081 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $628,816 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $741,859 | CurrentTaxYearAmt |
| Total | $2,593,806 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $756,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $194,332 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $272,081 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $628,816 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $741,859 | CurrentTaxYearAmt |
| Total | $2,593,806 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $103,980 | CurrentTaxYearAmt |
| Total | $103,980 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,016,871 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,991,932 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $21,163,667 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,291,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,487,581 | CurrentTaxYearAmt |
| Total | $107,951,263 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97350 | PublicSupportCY509Pct |
| Public Support PY509 | 0.97560 | PublicSupportPY509Pct |
| Investment Income CY | 0.02400 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02290 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | CATERING VENDING INCOME - 2024 AMOUNT: $ 54,433. APARTMENT MODIFICATION - 2024 AMOUNT: $ 44,030. EMPLOYEE MEALS - 2024 AMOUNT: $ 4,086. OTHER - 2024 AMOUNT: $ 1,431. | ExplanationTxt |
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
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,313,883 | OtherCostOrOtherBasisAmt |
| Book Value | $12,313,883 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $94,961,131 | OtherCostOrOtherBasisAmt |
| Depreciation | $326,409 | DepreciationAmt |
| Book Value | $94,634,722 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,838,259 | OtherCostOrOtherBasisAmt |
| Depreciation | $33,542 | DepreciationAmt |
| Book Value | $1,804,717 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $108,753,322 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DUE TO AFFILIATES | $386,391 |
| ENTRANCE FEE DEPOSITS | $231,302 |
| SECURITY DEPOSITS | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $625,193 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $24,514,017 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $176,101 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$80,810 | OtherRevenueAmt |
| Revenue Not Reported | $95,291 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,418,726 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$23,872 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$23,872 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,394,854 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $32,616,711 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $23,872 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $23,872 | ExpensesNotReportedAmt |
| Expenses Subtotal | $32,592,839 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $32,592,839 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF ACTS LEGACY FOUNDATION 261. CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF SFSLF -91,965. CHANGE IN SPLIT INTEREST AGREEMENTS 10,894. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | RENT EXPENSES -23,872. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENT EXPENSES 23,872. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | 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 (11 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAWRENCE G SCHREIBER | ||||||||||||||
| PRESIDENT & CEO (THRU 10/31/2024) | $0 | $6,604,896 | $0 | $0 | $0 | $0 | $0 | $47,600 | $0 | $12,703 | $0 | $6,665,199 | $0 | $0 |
| STEVEN ZIEGLER | ||||||||||||||
| PRESIDENT & CLO (THRU 10/31/2024) | $0 | $1,752,513 | $0 | $0 | $0 | $0 | $0 | $42,804 | $0 | $13,079 | $0 | $1,808,396 | $0 | $0 |
| GERALD T GRANT | ||||||||||||||
| CEO/CHAIRMAN/DIRECTOR (EFF. 11/1/24) | $0 | $649,885 | $0 | $223,203 | $0 | $0 | $0 | $906,605 | $0 | $16,146 | $0 | $1,795,839 | $0 | $0 |
| GLENN D FOX | ||||||||||||||
| ASSISTANT SECRETARY (EFF. 11/1/24) | $0 | $393,206 | $0 | $106,704 | $0 | $0 | $0 | $477,250 | $0 | $16,146 | $0 | $993,306 | $0 | $0 |
| KAREN I CHRISTIANSEN | ||||||||||||||
| PRES./VICE CHAIR/DIR.(EFF. 11/1/24 | $0 | $477,469 | $0 | $160,524 | $0 | $0 | $0 | $256,560 | $0 | $20,089 | $0 | $914,642 | $0 | $0 |
| JONATHAN D GRANT | ||||||||||||||
| ASSISTANT SECRETARY (EFF. 11/1/24) | $0 | $358,668 | $0 | $99,372 | $0 | $0 | $0 | $124,832 | $0 | $20,089 | $0 | $602,961 | $0 | $0 |
| MICHELE WASSERLAUF | ||||||||||||||
| EXECUTIVE DIRECTOR | $27,914 | $264,718 | $0 | $64,140 | $0 | $0 | $0 | $89,916 | $0 | $3,271 | $27,914 | $422,045 | $0 | $0 |
| SUSAN AHERN | ||||||||||||||
| TREASURER (EFF. 11/1/24) | $0 | $296,305 | $0 | $71,478 | $0 | $0 | $0 | $13,800 | $0 | $20,089 | $0 | $401,672 | $0 | $0 |
| PEGGY C VALDIVIA | ||||||||||||||
| ASSISTANT TREASURER (EFF. 11/1/24) | $0 | $211,254 | $0 | $42,735 | $0 | $0 | $0 | $10,175 | $0 | $12,208 | $0 | $276,372 | $0 | $0 |
| DAVID GRAY | ||||||||||||||
| NURSING HOME ADMINISTRATOR | $160,338 | $0 | $14,373 | $0 | $0 | $0 | $0 | $0 | $8,376 | $0 | $183,087 | $0 | $0 | $0 |
| LISA COX | ||||||||||||||
| DIRECTOR OF NURSING | $129,847 | $0 | $11,498 | $0 | $0 | $0 | $5,031 | $0 | $7,588 | $0 | $153,964 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 3 | IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO UTILIZE AN INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATION'S TOP MANAGEMENT POSITIONS, RANGING FROM THE COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2023, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT THE LEVELS FROM MEDIAN UP TO SEVENTY-FIFTH PERCENTILE AS IDENTIFIED IN THE STUDY. THE REPORTS' FINDINGS ARE REVIEWED WITH THE PARENT BOARD OFFICERS. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS APPOINTED BY THE CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED WITH THE BOARD CHAIR. |
| PART I, LINE 4B | OTHER COMPENSATION FOR KAREN I. CHRISTIANSEN, GERALD T. GRANT, GLENN D. FOX, AND JONATHAN D. GRANT INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THE AMOUNT OF THE CURRENT YEAR ACCRUAL IS $242,760 FOR KAREN I. CHRISTIANSEN (NON-VESTED), $892,805 FOR GERALD T. GRANT (NON-VESTED), $463,450 FOR GLENN D. FOX (NON-VESTED), AND $111,032 FOR JONATHAN D. GRANT (NON-VESTED). |
| PART I, LINE 4B | (RELATES TO PART I, LINE 4A FROM 1/1/24 THROUGH 10/31/24): LISTED PERSONS ARE EMPLOYEES OF BONITA SPRINGS RETIREMENT VILLAGE, INC. OR RELATED ORGANIZATIONS. BONITA SPRINGS RETIREMENT VILLAGE, INC. EMPLOYEES ARE NOT COVERED BY A FORMAL SEVERANCE POLICY; SEVERANCE IS HANDLED ON A CASE BY CASE BASIS. EMPLOYEES OF RELATED ORGANIZATIONS ARE COVERED BY A SEVERANCE POLICY WHICH INCLUDES MONTHLY PAYMENTS UP TO A MAXIMUM OF 12-36 MONTHS UNDER QUALIFYING CIRCUMSTANCES AND DEPENDING ON POSITION. NO ONE LISTED RECIEVED SEVERANCE OR CHANGE OF CONTROL PAYMENTS DURING 2024. |
| PART I, LINE 4B: | NONQUALIFIED RETIREMENT PLAN IN THE YEAR; LAWRENCE G SCHREIBER AND STEVEN M ZIEGLER ARE EMPLOYEES OF SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. THEY PARTICIPATE IN TWO NONQUALIFIED DEFERRED COMPENSATION RETIREMENT PLANS SPONSORED BY SANTAFE HEALTHCARE, INC. FOR A CERTAIN GROUP OF EXECUTIVES. ONE PLAN RESTORES RETIREMENT BENEFITS EQUIVALENT TO QUALIFIED 401(K) BENEFITS ON INCOME EARNED IN EXCESS OF THE INTERNAL REVENUE SERVICE CODE SECTION 401(A)(17) RECOGNIZABLE PAY LIMITS (A DEFINED CONTRIBUTION RESTORATION PLAN). VESTING FOR THIS PLAN IS ACHIEVED AT AGE 55 AND 10 YEARS OF SERVICE OR AT AGE 65 AND 5 YEARS OF SERVICE. THE SECOND SUPPLEMENTAL DEFINED CONTRIBUTION PLAN PROVIDES ADDITIONAL RETIREMENT INCOME BASED ON A PERCENTAGE OF BASE SALARY AND VESTS AT THREE AND FIVE YEARS OF SERVICE. |
| SCHEDULE J, PART II: | FROM 1/1/2024 THROUGH 10/31/2024, CERTAIN SENIOR EXECUTIVES ARE ACCOUNTABLE FOR AND PERFORM SERVICES FOR SANTAFE HEALTHCARE, INC. AND EACH OF ITS AFFILIATES. SANTAFE HEALTHCARE, INC. AND AFFILIATES REPRESENT A DIVERSIFIED FAMILY OF NOT-FOR-PROFIT ORGANIZATIONS. THESE SENIOR EXECUTIVES ARE PAID DIRECTLY BY SANTAFE HEALTHCARE, INC., AND THEIR COMPENSATION AND BENEFITS ARE APPORTIONED AND CHARGED TO THE RESPECTIVE AFFILIATES BASED ON THE ESTIMATED AMOUNT OF TIME SPENT ON EACH AFFILIATE'S ACTIVITIES. |
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 | ALACHUA COUNTY HEALTH FACILITIES AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 592442398 | BondIssuerEIN |
| Bond Issued | 2022-01-27 | BondIssuedDt |
| Issue Price | $83,600,000 | IssuePriceAmt |
| Purpose | REFUNDING REVENUE 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 |
| Total Proceeds | $83,551,175 | TotalProceedsAmt |
| In Reserve Fund | $5,946,291 | InReserveFundAmt |
| Issuance Costs From Proceeds | $926,371 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $3,566,863 | CapitalExpendituresAmt |
| Other Spent Proceeds | $73,574,329 | OtherSpentProceedsAmt |
| Unspent | $60,965 | UnspentAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | Yes (1) | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| 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 |
| Private Bus Use By Others | 0.00000 | PrivateBusUseByOthersPct |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUsePct |
| 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 | 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 |
|---|---|
| SCHEDULE K, PART II, LINE 3 | THE AMOUNT REPORTED AS TOTAL PROCEEDS ON LINE 3 IS LESS THAN THE ISSUE PRICE REPORTED ON SCHEDULE K, PART I, LINE A, COLUMN E DUE TO INVESTMENT LOSSES. |
| SCHEDULE K, PART II, LINE 11 | PROCEEDS REPORTED ON THIS LINE WERE USED TO REFUND PRIOR TAX-EXEMPT BONDS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (13 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO TRANSACT SUCH BUSINESS AS SHALL BE NECESSARY FOR THE ADMINISTRATION AND OPERATION OF THE CORPORATION BETWEEN BOARD OF DIRECTORS' MEETINGS SUBJECT TO CERTAIN LIMITS SPECIFIED IN THE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 3 | ACTS MANAGEMENT SERVICES, INC., AN AFFILIATED ENTITY, PROVIDES MANAGEMENT SERVICES TO BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS EFFECTIVE 11/1/2024. |
| FORM 990, PART VI, SECTION A, LINE 4 | ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY OWNED SUBSIDIARY ACTS ACQUISITION AND DEVELOPMENT COMPANY, LLC), BECAME THE SOLE MEMBER OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS EFFECTIVE 11/1/2024. THE BYLAWS OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS WERE AMENDED TO REFLECT THE NEW SOLE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 6 | EFFECTIVE 11/1/2024, BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS AFFILIATED WITH ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION. BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS IS A FLORIDA TAX-EXEMPT ORGANIZATION OF WHICH ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY OWNED SUBSIDIARY ACTS ACQUISITION AND DEVELOPMENT COMPANY, LLC), BECAME THE SOLE MEMBER EFFECTIVE 11/1/2024. |
| FORM 990, PART VI, SECTION A, LINE 7A | ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY OWNED SUBSIDIARY ACTS ACQUISITION AND DEVELOPMENT COMPANY, LLC), BECAME THE SOLE MEMBER OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS EFFECTIVE 11/1/2024. AS SOLE MEMBER, ACTS RETIREMENT-LIFE COMMUNITIES, INC. HAS THE RIGHT TO ELECT THE MEMBERS OF THE FILING ORGANIZATION'S BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY OWNED SUBSIDIARY ACTS ACQUISITION AND DEVELOPMENT COMPANY, LLC), BECAME THE SOLE MEMBER OF BONITA SPRINGS RETIREMENT VILLAGE, INC. DBA THE TERRACES AT BONITA SPRINGS EFFECTIVE 11/1/2024. AS SOLE MEMBER, ACTS RETIREMENT-LIFE COMMUNITIES, INC. HAS THE RIGHT TO APPROVE ALL AMENDMENTS OR ALTERATIONS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS BEFORE CHANGES BECOME EFFECTIVE. |
| FORM 990, PART VI, SECTION B, LINE 11B | AFTER REVIEW BY THE ACTS' CFO, THE FORM 990 IS REVIEWED, BEFORE FILING, BY THE BOARD OF DIRECTORS' AUDIT AND FINANCE COMMITTEE. THE FORM 990 IS THEN MADE AVAILABLE TO THE OTHER MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ON AN ANNUAL BASIS BY THE ORGANIZATION'S OFFICERS, DIRECTORS AND TRUSTEES. THE OFFICERS AND DIRECTORS REPORT ON ANY FAMILY OR BUSINESS RELATIONSHIPS WITH ANY BOARD MEMBER, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION AND ITS AFFILIATES. IF ANY FAMILY OR BUSINESS RELATIONSHIPS ARE DISCLOSED, THEY ARE REPORTED ON SCHEDULE L AS APPROPRIATE. IN ADDITION, THE RESPONSES ARE REVIEWED BY THE PRESIDENT & CEO, AND CHAIRMAN OF THE BOARD OF DIRECTORS TO DETERMINE IF CONFLICTS ARE PRESENT AND IF SO, THE EXTENT OF THE CONFLICT. FOR CONFLICTS THAT ARISE, THE OFFICER, DIRECTOR OR TRUSTEE MUST RECUSE THEMSELVES FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS THAT INVOLVE THE DETERMINED CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 | IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO UTILIZE AN INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATION'S TOP MANAGEMENT POSITIONS, RANGING FROM THE COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2023, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, AND IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT THE LEVELS FROM THE MEDIAN UP TO THE SEVENTY-FIFTH PERCENTILE AS IDENTIFIED IN THE STUDY. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT ACTS BOARD MEMBERS APPOINTED BY THE ACTS CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED WITH THE BOARD CHAIR. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE FILED WITH NUMEROUS REGULATORY AUTHORITIES AND THEREFORE, ARE AVAILABLE TO THE PUBLIC. IN ADDITION, UPON RECEIPT OF A REQUEST AND ITS REVIEW, THE ORGANIZATION WILL MAKE AVAILABLE SUCH DOCUMENTS, AS DEEMED APPROPRIATE. AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. CERTAIN FINANCIAL STATEMENTS, SUCH AS ANNUAL REPORTS AND QUARTERLY REPORTS, ARE POSTED TO THE ORGANIZATION'S WEBSITE AND ARE ALSO AVAILABLE AT THE COMMUNITY. IN ADDITION, FINANCIAL INFORMATION IS INCLUDED IN THE DISCLOSURE PACKAGE THAT IS PROVIDED TO PROSPECTIVE RESIDENTS AND MADE AVAILABLE TO THE PUBLIC. CERTAIN OTHER FINANCIAL STATEMENTS ARE ALSO PROVIDED UPON REQUEST. |
| FORM 990, PART VII, COMPENSATION OF OFFICERS* | OTHER COMPENSATION INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR KAREN I. CHRISTIANSEN (NON-VESTED), GLENN D. FOX (NON-VESTED), AND GERALD T. GRANT (NON-VESTED). |
| FORM 990, PART VII, SECTION A, LINE 1A: | FROM 1/1/24 THROUGH 10/31/24, CERTAIN SENIOR EXECUTIVES ARE ACCOUNTABLE FOR AND PERFORM SERVICES FOR SANTAFE HEALTHCARE, INC. AND EACH OF ITS AFFILIATES. SANTAFE HEALTHCARE, INC. AND AFFILIATES REPRESENT A DIVERSIFIED FAMILY OF NOT-FOR-PROFIT ORGANIZATIONS. THESE SENIOR EXECUTIVES ARE PAID DIRECTLY BY SANTAFE HEALTHCARE, INC. AND THEIR COMPENSATION AND BENEFITS ARE APPORTIONED AND CHARGED TO THE RESPECTIVE AFFILIATES BASED ON THE ESTIMATED AMOUNT OF TIME SPENT ON EACH AFFILIATE'S ACTIVITIES. |
| FORM 990, PART XI, LINE 9: | ACQUISITION METHOD - ADJ TO NET ASSETS UPON MEMBERSHIP AFFILIATION(11/1/24) 98,630,331. CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF ACTS LEGACY FOUNDATION, INC 261. CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF SFSLF -91,965. CHANGE IN SPLIT INTEREST AGREEMENTS 10,894. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (17 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 | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ACTS RETIREMENT-LIFE COMMUNITIES INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 231900132 | OWNS AND OPERATES CONTINUING CARE RETIREMENT COMMUNITIES | PA | 501(C)(3) | LINE 10 | ACTS RETIREMENT SERVICES INC | 0 | |
| ACTS RETIREMENT SERVICES INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 264573260 | SUPPORTING ORGANIZATION | PA | 501(C)(3) | LINE 12B, II | 0 | N/A | |
| ACTS SIGNATURE COMMUNITY SERVICES INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 264573131 | HOSPICE, HOME HEALTH AND PRIMARY CARE SERVICES | PA | 501(C)(3) | LINE 10 | ACTS RETIREMENT-LIFE COMMUNITIES INC | 0 | |
| ACTS MANAGEMENT SERVICES INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 264573412 | CENTRALIZED MANAGEMENT AND DEVELOPMENT SERVICES | PA | 501(C)(3) | LINE 12B, II | ACTS RETIREMENT SERVICES INC | 0 | |
| ACTS COMMUNITIES OF MARYLAND INC FKA INTEGRACE INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 521710891 | OWNS AND OPERATES CONTINUING CARE RETIREMENT COMMUNITIES | MD | 501(C)(3) | LINE 10 | ACTS ACQUISTION AND DEVELOPMENT COMPANY LLC | 0 | |
| MEASE LIFE INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 591005403 | CONTINUING CARE RETIREMENT COMMUNITY | FL | 501(C)(3) | LINE 10 | ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC | 0 | |
| ACTS LEGACY FOUNDATION INC | |||||||||||
| 420 DELAWARE DRIVE | FORT WASHINGTON | PA | 190342711 | 912161987 | FUNDRAISING | DE | 501(C)(3) | LINE 12A, I | ACTS RETIREMENT-LIFE COMMUNITIES INC | 0 | |
| SANTAFE HEALTHCARE INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 592317607 | MANAGEMENT AND FINANCIAL SUPPORT FOR NOT-FOR-PROFIT AFFILIATES | FL | 501(C)(3) | LINE 12B, II | 0 | N/A | |
| NORTH FLORIDA RETIREMENT VILLAGE INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 591912330 | RETIREMENT COMMUNITY | FL | 501(C)(3) | LINE 10 | SANTE FE HEALTHCARE INC | 0 | |
| NORTH CENTRAL FLORIDA HOSPICE INC(THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 592490893 | HOSPICE CARE | FL | 501(C)(3) | LINE 10 | SANTE FE HEALTHCARE INC | 0 | |
| SANTAFE SENIOR LIVING INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 203700526 | MANAGEMENT AND FINANCIAL SUPPORT FOR NOT-FOR-PROFIT AFFILIATES | FL | 501(C)(3) | LINE 12B, II | SANTE FE HEALTHCARE INC | 0 | |
| BVG ACQUISITION INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 203701186 | RETIREMENT COMMUNITY | FL | 501(C)(3) | LINE 10 | SANTE FE HEALTHCARE INC | 0 | |
| EAST RIDGE RETIREMENT VILLAGE INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 590903331 | RETIREMENT COMMUNITY | FL | 501(C)(3) | LINE 10 | SANTE FE HEALTHCARE INC | 0 | |
| SANTAFE SENIOR LIVING FOUNDATION INC (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 264464727 | CHARITABLE AND EDUCATIONAL PURPOSES | FL | 501(C)(3) | LINE 7 | SANTE FE HEALTHCARE INC | 0 | |
| HFK CARE CORPORATION (THRU 10312024) | |||||||||||
| PO BOX 749 | GAINSVILLE | FL | 326270749 | 592386289 | HOSPICE CARE & HOME HEALTH CARE | FL | 501(C)(3) | LINE 7 | SANTE FE HEALTHCARE INC | 0 | |
| HAVEN FOUNDATION INC (THRU 09022024) | |||||||||||
| 4200 NW 90TH BLVD | GAINSVILLE | FL | 326069945 | 850863879 | CHARITABLE AND EDUCATIONAL PURPOSES | FL | 501(C)(3) | LINE 12A, I | NORTH CENTRAL FLORIDA HOSPICE INC | 0 | |
| MEASE LIFE RESIDENTS FOUNDATION INC (THRU 53124) | |||||||||||
| 700 MEASE PLAZA | DUNEDIN | FL | 346986680 | 592437006 | FUNDRAISING | FL | 501(C)(3) | LINE 12C, III-FI | MEASE LIFE INC | 0 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SF HOLDING CORP INC (THRU 103124) | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 749 | AddressLine1Txt |
| City | GAINESVILLE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 326270749 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592903901 | EIN |
| Primary Activities | HOLDING COMPANY | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| 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 | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | 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 | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (1) | TransferFromOtherOrgInd |