WARM HEARTH INC: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: WARM HEARTH INC (EIN 23-7378013)
Tax period: 2012-10-01 to 2013-09-30
Filed: 2014-05-09
IRS object ID: 201411299349302856
Schema version: 2012v2.3
Note: A later return for the same period supersedes this one.
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-05-09T17:08:03-05:00	Timestamp
Tax Period End Date	2013-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WARREN AND KOSS PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	19 NORTH BROAD STREET	AddressLine1
City	SALEM	City
State	VA	State
ZIP Code	241533735	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237378013	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	WARM HEARTH INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	WARM	NameControl
Phone	5405529176	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2607 WARM HEARTH DRIVE	AddressLine1
Address Line2	ROOM/SUITE 100	AddressLine2
City	BLACKSBURG	City
State	VA	State
ZIP Code	24060	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	FERNE MOSCHELLA	Name
Title	CHIEF EXECUTIVE OFFICER	Title
Phone	5405529176	Phone
Date Signed	2014-05-08	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	DAVID C WARREN	Name
Phone	5403752883	Phone
Date Prepared	2014-05-07	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-25 16:41:14Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	FERNE MOSCHELLA	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	2607 WARM HEARTH DRIVE SUITE 100	AddressLine1
City	BLACKSBURG	City
State	VA	State
ZIP Code	24060	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	1708771	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WARMHEARTH.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1974	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	THE CORPORATION PROVIDES SUPERVISION, MANAGEMENT AND DEVELOPMENT SERVICES TO A SENIORS HOUSING COMMUNITY WHICH IS OPERATED BY 501 (C) (3) AND 501 (C) (4) ORGANIZATIONS AND PROVIDES HOUSING TO APPROXIMATELY 500 ELDERLY AND HANDICAPPED PERSONS.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	16	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	16	NbrIndependentVotingMembers
Total Nbr Employees	426	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	19428	ContributionsGrantsPriorYear
Contributions Grants Current Year	34908	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	1267753	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1673863	ProgramServiceRevenueCY
Investment Income Current Year	0	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	1287181	TotalRevenuePriorYear
Total Revenue Current Year	1708771	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	699523	SalariesEtcPriorYear
Salaries Etc Current Year	988806	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	454843	OtherExpensePriorYear
Other Expenses Current Year	580239	OtherExpensesCurrentYear
Total Expenses Prior Year	1154366	TotalExpensesPriorYear
Total Expenses Current Year	1569045	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	132815	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	139726	RevenuesLessExpensesCY
Total Assets BOY	2584379	TotalAssetsBOY
Total Assets EOY	8292572	TotalAssetsEOY
Total Liabilities BOY	1790370	TotalLiabilitiesBOY
Total Liabilities EOY	7358837	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	794009	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	933735	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE CORPORATION PROVIDES SUPERVISION, MANAGEMENT AND DEVELOPMENT SERVICES TO A SENIORS HOUSING COMMUNITY WHICH IS OPERATED BY 501 (C) (3) AND 501 (C) (4) ORGANIZATIONS AND PROVIDES HOUSING TO APPROXIMATELY 500 ELDERLY AND HANDICAPPED PERSONS.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1569045	Expense
Description	THE CORPORATION PROVIDES SUPERVISION, MANAGEMENT AND DEVELOPMENT SERVICES TO A SENIORS HOUSING COMMUNITY WHICH IS OPERATED BY 501 (C) (3) AND 501 (C) (4) ORGANIZATIONS AND PROVIDES HOUSING TO APPROXIMATELY 500 ELDERLY AND HANDICAPPED PERSONS.	Description
Total Program Service Expense	1569045	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	20	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	426	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	16	NbrVotingGoverningBodyMembers
Number Independent Voting Members	16	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	WARM HEARTH INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	5405529176	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	2607 WARM HEARTH DRIVE SUITE 100	AddressLine1
City	BLACKSBURG	City
State	VA	State
ZIP Code	24060	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (19 entries)

TitleTitle	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Average Hours Per WeekAverageHoursPerWeek	Highest Compensated EmployeeHighestCompensatedEmployee
JOSEPH BLUM
DIRECTOR	X	0	0	0
THOMAS PIERCE
DIRECTOR	X	0	0	0
ED SPENCER
DIRECTOR	X	0	0	0
CARL BURKE
DIRECTOR	X	0	0	0
TIM HAASKEN
DIRECTOR	X	0	0	0
SHANNON JARROTT
DIRECTOR	X	0	0	0
CHARLES JOHNSON
DIRECTOR	X	0	0	0
CATHERINE KINCAID
DIRECTOR	X	0	0	0
HING-HAR LO
SECRETARY	X	0	0	0	X
BRIDGET MCMAHON
DIRECTOR	X	0	0	0
WILLIAM PRICE
VICE CHAIRMA	X	0	0	0
CHRISTINE SMITH
DIRECTOR	X	0	0	0
RAY SMOOT
VICE CHAIR/T	X	0	0	0	X
JOE THOMPSON
CHAIRMAN	X	0	0	0
NANCY WOLFE
DIRECTOR	X	0	0	0
JASON POSPICHAL
DIRECTOR	X	0	0	0
FERNE MOSCHELLA
PRES/CEO		168008	0	15004	X	40.00
WAYNE HOWELL
CFO		104966	0	0	X	40.00
HEATHER GEARHEART
HEALTH SERVI		103823	0	3109		40.00	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	376797	TotalReportableCompFromOrg
Total Other Compensation	18113	TotalOtherCompensation
Number Individuals GT100 K	3	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Related Organizations	34908	RelatedOrganizations
Total Contributions	34908	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MANAGEMENT FEE	684012	684012
WARM HEARTH AT HOME	467983	467983
MISC	187304	187304
TOWNHOME SERVICE FEE	121485	121485
LIFE LEASE-INITIAL	108283	108283

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	104796	TotalRevenueColumn
Related Or Exempt Function Income	104796	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	1673863	TotalProgramServiceRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	1708771	TotalRevenueColumn
Related Or Exempt Function Income	1673863	RelatedOrExemptFunctionIncome

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	843835	Total
Program Services	843835	ProgramServices

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	9679	Total
Program Services	9679	ProgramServices

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	68908	Total
Program Services	68908	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	66384	Total
Program Services	66384	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	2435	Total
Program Services	2435	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7317	Total
Program Services	7317	ProgramServices

Advertising Advertising

Field	Value	IRS element (for citing)
Total	28302	Total
Program Services	28302	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	64005	Total
Program Services	64005	ProgramServices

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	109422	Total
Program Services	109422	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	614	Total
Program Services	614	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	123594	Total
Program Services	123594	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	23925	Total
Program Services	23925	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
MISC ADMINISTRATION EXPEN	142558	142558
TAXES & LICENSES	41395	41395
SERVICE EXPENSE	25835	25835
TELEPHONE	10837	10837

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1569045	Total
Program Services	1569045	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	3707	BOY
EOY	88740	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	32253	BOY
EOY	46406	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	41618	BOY
EOY	23841	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	17733	BOY
EOY	13175	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	9483268	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1401143	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	2489068	BOY
EOY	8082125	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
EOY	38285	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2584379	BOY
EOY	8292572	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	145431	BOY
EOY	281997	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	529860	BOY
EOY	598725	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
EOY	4000000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	1115079	BOY
EOY	2478115	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1790370	BOY
EOY	7358837	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	794009	BOY
EOY	933735	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	794009	BOY
EOY	933735	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2584379	BOY
EOY	8292572	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	139726	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	8149	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11998	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	18000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19428	CurrentTaxYearMinus1Year
Current Tax Year	34908	CurrentTaxYear
Total	92483	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	834701	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	841940	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	976488	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1267753	CurrentTaxYearMinus1Year
Current Tax Year	1673863	CurrentTaxYear
Total	5594745	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	842850	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	853938	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	994488	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1287181	CurrentTaxYearMinus1Year
Current Tax Year	1708771	CurrentTaxYear
Total	5687228	Total

Field	Value	IRS element (for citing)
Public Support Total509	5687228	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	200	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1849	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1667	CurrentTaxYearMinus2Years
Total	3716	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	200	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1849	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1667	CurrentTaxYearMinus2Years
Total	3716	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	843050	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	855787	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	996155	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1287181	CurrentTaxYearMinus1Year
Current Tax Year	1708771	CurrentTaxYear
Total	5690944	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99930	PublicSupportPercentage509
Prior Year Support Percentage	0.99920	PriorYearSupportPercentage
Investment Income Percentage	0.00000	InvestmentIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1020741	OtherCostOrOtherBasis
Book Value	1020741	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	7890734	OtherCostOrOtherBasis
Depreciation	1401143	Depreciation
Book Value	6489591	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	571793	OtherCostOrOtherBasis
Book Value	571793	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	8082125	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescription	AmountAmount
REFUNDABLE LIFE LEASE FEES (HH/WT)	$1,119,007
DUE TO NEW CENTURY HOUSING	$730,797
DUE TO FOUNDERS FOREST, INC.	$628,311
OTHER CURRENT LIABILITIES

Field	Value	IRS element (for citing)
Total Of Amounts	2478115	TotalOfAmounts
Tot Revenue Etc Audited Fincl Stmt	1708771	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	1708771	RevenueSubtotal
Total Revenue Per Form990	1708771	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1569045	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	1569045	ExpensesSubtotal
Total Expenses Per Form990	1569045	TotalExpensesPerForm990

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	FERNE MOSCHELLA	NamePerson
Title	PRESCEO	Title
Base Compensation Filing Org	158696	BaseCompensationFilingOrg
Bonus Filing Org	8739	BonusFilingOrg
Other Compensation Filing Org	573	OtherCompensationFilingOrg
Deferred Comp Filing Org	4016	DeferredCompFilingOrg
Nontaxable Benefits Filing Org	10988	NontaxableBenefitsFilingOrg
Total Compensation Filing Org	183012	TotalCompensationFilingOrg
Comp Report Prior990 Filing Org	168703	CompReportPrior990FilingOrg

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE CORPORATION PROVIDES SUPERVISION, MANAGEMENT AND DEVELOPMENT SERVICES TO A SENIORS HOUSING COMMUNITY WHICH IS OPERATED BY 501 (C) (3) AND 501 (C) (4) ORGANIZATIONS AND PROVIDES HOUSING TO APPROXIMATELY 500 ELDERLY AND HANDICAPPED PERSONS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF THE RETURN IS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO FILING. THE FINANCE COMMITTEE DISCUSSES THE 990 AT THE REGULARLY SCHEDULED MEETING IN MAY OF EACH YEAR. THE FINANCE COMMITTEE IS RESPONSIBLE FOR RECEIVING THE AUDIT REPORTS OF THE INDEPENDENT AUDITOR AND REVIEWING THE FORM 990 PREPARED BY THE INDEPENDENT ACCOUNTANTS. THE FINANCE COMMITTEE REPORTS BACK TO THE BOARD OF DIRECTORS ANY RECOMMENDATIONS OR FINDINGS OF THEIR STUDY.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE EMPLOYEE HANDBOOK HAS A STATEMENT OF THE CODE OF CONDUCT AND THE CONFLICT OF INTERESTS POLICY. THE BOARD MEMBER ORIENTATION MATERIALS CONTAIN THIS INFORMATION AS WELL. THE EMPLOYEES ARE ASKED TO REVIEW THIS POLICY AS A PART OF THEIR ANNUAL PERFORMANCE REVIEW AND BOARD MEMBERS ARE REQUESTED TO UPDATE THEIR COMMITMENT TO THIS POLICY UPON RE-ELECTION TO A NEW TERM.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	A COMMITTEE OF THE BOARD OF DIRECTORS IS APPOINTED TO REVIEW THE COMPENSATION LEVELS OF OFFICERS AND KEY EMPLOYEES AND FOR ESTABLISHING THE NEW PAY RATES OF THESE EMPLOYEES. COMPENSATION IS COMPARED WITH SALARY SURVEY INFORMATION AVAILABLE FROM NATIONAL TRADE ASSOCIATIONS ENGAGED IN SIMILAR ACTIVITIES. THE COMPENSATION LEVEL IS DETERMINED BY CONSENSUS OF THE COMMITTEE AND REPORTED TO HUMAN RESOURCES.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	A COMMITTEE OF THE BOARD OF DIRECTORS IS APPOINTED TO REVIEW THE COMPENSATION LEVELS OF OFFICERS AND KEY EMPLOYEES AND FOR ESTABLISHING THE NEW PAY RATES OF THESE EMPLOYEES. COMPENSATION IS COMPARED WITH SALARY SURVEY INFORMATION AVAILABLE FROM NATIONAL TRADE ASSOCIATIONS ENGAGED IN SIMILAR ACTIVITIES. THE COMPENSATION LEVEL IS DETERMINED BY CONSENSUS OF THE COMMITTEE AND REPORTED TO HUMAN RESOURCES.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, FORMS 1123 AND THE ANNUAL 990 ARE AVAILABLE TO BE VIEWED IN CARSON LIBRARY UPON WRITTEN REQUEST ADDRESSED TO THE CHIEF FINANCIAL OFFICER.