WELL-SPRING RET COMMUNITY: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WELL-SPRING RET COMMUNITY (EIN 56-1497371)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-14
- IRS object ID
- 201302269349303710
- Schema version
- 2012v2.1
- 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 C
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-14T15:55:45-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 101 N TRYON STREET SUITE 1000 | AddressLine1 |
| City | CHARLOTTE | City |
| State | NC | State |
| ZIP Code | 28246 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 561497371 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELL-SPRING RETIREMENT COMMUNITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WELL | NameControl |
| Phone | 3365455418 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 WELL SPRING DRIVE | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27410 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | K ALAN TUTTEROW | Name |
| Title | TREASURER | Title |
| Phone | 3365455418 | Phone |
| Date Signed | 2013-08-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN NORMAN | Name |
| PTIN | P01506766 | PTIN |
| Phone | 7049985200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | K ALAN TUTTEROW | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 WELL SPRING DRIVE | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27410 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27869120 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WELL-SPRING.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1987 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE RETIREMENT LIVING SERVICES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 18 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 18 | NbrIndependentVotingMembers |
| Total Nbr Employees | 540 | TotalNbrEmployees |
| Total Nbr Volunteers | 32 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 253685 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 219572 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 21126598 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20859944 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 145848 | InvestmentIncomePriorYear |
| Investment Income Current Year | 902681 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -1138406 | OtherRevenuePriorYear |
| Other Revenue Current Year | -141992 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 20387725 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21840205 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 869329 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 780721 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 10567955 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 10878968 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 3930 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 2095 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 2095 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 8782112 | OtherExpensePriorYear |
| Other Expenses Current Year | 9106335 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 20223326 | TotalExpensesPriorYear |
| Total Expenses Current Year | 20768119 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 164399 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1072086 | RevenuesLessExpensesCY |
| Total Assets BOY | 61726054 | TotalAssetsBOY |
| Total Assets EOY | 63472753 | TotalAssetsEOY |
| Total Liabilities BOY | 55853497 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 54823100 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 5872557 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 8649653 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WELL-SPRING IS A NOT-FOR-PROFIT ORGANIZATION PROVIDING AGING-ADULT SERVICES WHICH CREATE AN EXPERIENCE THAT EXCEEDS THE NEEDS OF AN EVOLVING POPULATION OF OLDER ADULTS.WE ARE COMMITTED TO: - THE CONTINUING PHYSICAL, MENTAL AND SPIRITUAL CARE AND WELL-BEING OF OUR CLIENTS.- DEVELOPING, OBTAINING AND RETAINING EFFECTIVE AND EFFICIENT MANAGEMENT AND EMPLOYEES.- PROVIDING UNSURPASSED CUSTOMER SERVICE AND VALUE.- BEING FISCALLY RESPONSIBLE AND KNOWLEDGEABLE OF INDUSTRY BEST PRACTICES.- INTEGRITY, ETHICAL CONDUCT, AND OPEN AND HONEST COMMUNICATIONS.- WELCOMING, ENCOURAGING AND HONORING DIVERSITY.- BEING GOOD CITIZENS, COMMUNITY LEADERS AND ADVOCATES FOR THE NEEDS OF OLDER ADULTS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 18631226 | Expense |
| Grants | 780721 | Grants |
| Revenue | 20859944 | Revenue |
| Description | WELL-SPRING RETIREMENT COMMUNITY, INC ("WELL-SPRING"), A NORTH CAROLINA NONPROFIT CORPORATION, WAS ORGANIZED FOR THE PURPOSE OF OPERATING A CONTINUING CARE RETIREMENT COMMUNITY. WELL-SPRING IS GOVERNED BY A BOARD OF TRUSTEES COMPOSED OF CIVIC LEADERS, CURRENTLY CONSISTING OF 18 INDIVIDUALS, WHO SERVE WITHOUT COMPENSATION FOR STAGGERED THREE-YEAR TERMS. A MULTI-DENOMINATIONAL GROUP OF CHURCHES IN GREENSBORO, NORTH CAROLINA INITIALLY SPONSOR AND PROVIDE LEADERSHIP TO WELL-SPRING.REV. RUL. 72-124, 1972-1 C.B. 145, SETS OUT REQUIREMENTS THAT "HOME FOR THE AGED" MUST MEET TO QUALIFY FOR SECTION 501(C) (3) EXEMPTION. THE INTERNAL REVENUE SERVICE PROVIDED THE FOLLOWING REQUIREMENTS: (1) SATISFACTION OF THE NEED FOR HOUSING THROUGH THE PROVISION OF EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS AND SIMILAR NEEDS OF AGED PERSONS; (2) SATISFACTION OF THE NEED FOR HEALTH CARE THROUGH PROVISION OF PHYSICAL AND MENTAL HEALTH SERVICES DIRECTLY OR THROUGH CONTINUING ARRANGEMENTS WITH OUTSIDE ORGANIZATIONS; AND (3) SATISFACTION OF THE NEED FOR FINANCIAL SECURITY THROUGH MAINTAINING IN RESIDENCE ANY PERSONS WHO BECOME UNABLE TO PAY THEIR REGULAR CHARGE AND THROUGH PROVIDING SERVICES AT THE LOWEST FEASIBLE COST. WELL-SPRING SATISFIES ALL THREE REQUIREMENTS.PROGRAM SERVICES REVENUE AND EXPENSE RELATE TO THE PROVISION OF EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS AND SIMILAR NEEDS OF THE RESIDENTS, AS WELL AS THE PROVISION OF PHYSICAL AND MENTAL HEALTH SERVICES. RENTAL INCOME IS RECEIVED FROM BEAUTY/BARBER SHOP, THERAPY COMPANY AND GUEST UNITS LOCATED ON THE WELL-SPRING PREMISES FOR THE CONVENIENCE OF THE ELDERLY RESIDENTS. IN ADDITION, REVENUES RECEIVED FROM OTHER INCOME RELATE TO THE PROCESSING OF APPLICATIONS FOR RESIDENTS AND RELATE TO WELL-SPRING'S EXEMPT PURPOSE OF PROVIDING FOR THE PRIMARY NEEDS OF ELDERLY INDIVIDUALS. IN CONJUNCTION WITH ITS COMMITMENT TO MAINTAINING PERSONS IN RESIDENCE WHO BECOME UNABLE TO PAY, WELL-SPRING HAS ESTABLISHED A BENEVOLENCE FUND WHICH WILL BE USED FOR THE EXCLUSIVE PURPOSE OF PROVIDING CHARITY TO RESIDENTS IN NEED. A BENEVOLENCE COMMITTEE DETERMINES WHICH RESIDENTS OF WELL-SPRING SHOULD RECEIVED BENEFITS FROM THE FUND. | Description |
| Total Program Service Expense | 18631226 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 73 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 540 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 18 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 18 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | K ALAN TUTTEROW | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3365455418 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 WELL SPRING DRIVE | AddressLine1 |
| City | GREENSBORO | City |
| State | NC | State |
| ZIP Code | 27410 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| D HAYES CLEMENT JR | |||||||
| VICE-CHAIR | 3.00 | X | X | 0 | 0 | 0 | |
| DAVID R HOWARD | |||||||
| CHAIR | 4.00 | X | X | 0 | 0 | 0 | |
| JAMES M WARD | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM R CROWDER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| K WILLIAM FRASER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MARVIN PINSON | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| REV HOWARD CHUBBS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| ROBERT E SEVIER | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES L WEILL JR | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| DAVID M WORTH | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SALLY B CONE | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SHARON DANIEL | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| KENNETH K BOGGS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MITZI ELLIS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| PAUL H LIVINGSTON JR | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| MACARTHUR SIMS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| SUSAN L WILLIAMS | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS WRIGHT | |||||||
| BOARD MEMBER | 1.00 | X | 0 | 0 | 0 | ||
| STEPHEN P FLEMING | |||||||
| PRESIDENT/CEO | 40.00 | X | 235530 | 0 | 28667 | ||
| K ALAN TUTTEROW | |||||||
| SECRETARY/TREASURER/CFO | 40.00 | X | 160253 | 0 | 22966 | ||
| BARBARA W ADAMS | |||||||
| ASSISTANT SECRETARY | 40.00 | X | 82757 | 0 | 8952 | ||
| GEORGE GALVIN | |||||||
| DIRECTOR OF DINING SERVICE | 40.00 | 110896 | 0 | 17416 | X | ||
| MISTI BYLER | |||||||
| DIRECTOR OF HEALTHCARE | 40.00 | 104525 | 0 | 9429 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 693961 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 87430 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| UNITED HEALTHCARE INSURANCE CO | |||||
| 22561 NETWORK PLACE | CHICAGO | IL | 606731225 | EMPLOYEE MEDICAL INSURANCE | 950280 |
| RENTENBACH CONSTRUCTORS INC | |||||
| 2400 SUTHERLAND AVENUE | KNOXVILLE | TN | 37919 | CONSTRUCTION | 921736 |
| US FOODSERVICE INC | |||||
| PO BOX 602292 | CHARLOTTE | NC | 282602292 | FOOD | 895125 |
| DUKE ENERGY | |||||
| PO BOX 70516 | CHARLOTTE | NC | 282720516 | ELECTRICITY | 526369 |
| PLUMBUILT INC | |||||
| 9 GREAT CASTLE COURT | GREENSBORO | NC | 27455 | CONSTRUCTION | 526194 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Related Organizations | 69893 | RelatedOrganizations |
| All Other Contributions | 149679 | AllOtherContributions |
| Total Contributions | 219572 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESIDENT FEES | Description |
| Business Code | 623990 | BusinessCode |
| Total Revenue Column | 19430511 | TotalRevenueColumn |
| Related Or Exempt Function Income | 19430511 | RelatedOrExemptFunctionIncome |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1429433 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1429433 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20859944 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 457231 | TotalRevenueColumn |
| Exclusion | $457,231 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 97177 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 92438 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 4739 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4739 | TotalRevenueColumn |
| Exclusion | $4,739 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6376932 | Securities |
| Other | 4995 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5868813 | Securities |
| Other | 67664 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 508119 | Securities |
| Other | -62669 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 445450 | TotalRevenueColumn |
| Exclusion | $445,450 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| JV LOSS PROVISION | 900003 | 839045 | $839,045 |
| PROVISION FOR TRANSFER OF INTERES | 900003 | -985776 | -$985,776 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | -146731 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21840205 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20859944 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $760,689 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 780721 | Total |
| Program Services | 780721 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 478541 | Total |
| Management And General | 478541 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8366045 | Total |
| Program Services | 7432900 | ProgramServices |
| Management And General | 933145 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213838 | Total |
| Program Services | 179707 | ProgramServices |
| Management And General | 34131 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 947415 | Total |
| Program Services | 796198 | ProgramServices |
| Management And General | 151217 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 873129 | Total |
| Program Services | 733769 | ProgramServices |
| Management And General | 139360 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 68524 | Total |
| Management And General | 68524 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74841 | Total |
| Management And General | 74841 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2100 | Total |
| Management And General | 2100 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2095 | Total |
| Fundraising | 2095 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 723891 | Total |
| Program Services | 723891 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 269284 | Total |
| Program Services | 16345 | ProgramServices |
| Management And General | 252939 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 666273 | Total |
| Program Services | 666273 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 901752 | Total |
| Program Services | 901752 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21508 | Total |
| Program Services | 21508 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47682 | Total |
| Program Services | 47682 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 639484 | Total |
| Program Services | 639484 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3166731 | Total |
| Program Services | 3166731 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 213305 | Total |
| Program Services | 213305 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices |
|---|---|---|
| FOOD | 1054684 | 1054684 |
| EQUIP. RENTAL & MAINT. | 959104 | 959104 |
| RESIDENT ACTIVITIES | 108351 | 108351 |
| MAINT. & HORTICULTURE | 97827 | 97827 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90994 | Total |
| Program Services | 90994 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20768119 | Total |
| Program Services | 18631226 | ProgramServices |
| Management And General | 2134798 | ManagementAndGeneral |
| Fundraising | 2095 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2482038 | BOY |
| EOY | 2761859 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4296583 | BOY |
| EOY | 4605978 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 164719 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 701447 | BOY |
| EOY | 815656 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42546 | BOY |
| EOY | 40001 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68001 | BOY |
| EOY | 125576 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 68723270 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 32005658 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37460754 | BOY |
| EOY | 36717612 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16048102 | BOY |
| EOY | 16642917 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 461864 | BOY |
| EOY | 1763154 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61726054 | BOY |
| EOY | 63472753 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1782294 | BOY |
| EOY | 1923359 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31815406 | BOY |
| EOY | 32812486 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20390000 | BOY |
| EOY | 18865000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1865797 | BOY |
| EOY | 1222255 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 55853497 | BOY |
| EOY | 54823100 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5530235 | BOY |
| EOY | 8493259 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 342322 | BOY |
| EOY | 156394 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5872557 | BOY |
| EOY | 8649653 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 61726054 | BOY |
| EOY | 63472753 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 1072086 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 555395 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 1149615 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Both | X | FinancialStatementBoth |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | 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 | 83659 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 77302 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 65470 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 253685 | CurrentTaxYearMinus1Year |
| Current Tax Year | 118836 | CurrentTaxYear |
| Total | 598952 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 18460376 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19371522 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20470203 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21126598 | CurrentTaxYearMinus1Year |
| Current Tax Year | 20960680 | CurrentTaxYear |
| Total | 100389379 | Total |
Gross Receipts From Non UBI GrossReceiptsFromNonUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 621205 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 609323 | CurrentTaxYearMinus3Years |
| Total | 1230528 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 19165240 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20058147 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 20535673 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21380283 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21079516 | CurrentTaxYear |
| Total | 102218859 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 464839 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 600131 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 818129 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1077960 | CurrentTaxYearMinus1Year |
| Current Tax Year | 762200 | CurrentTaxYear |
| Total | 3723259 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 825450 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 489065 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 496077 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1194898 | CurrentTaxYearMinus1Year |
| Current Tax Year | 796855 | CurrentTaxYear |
| Total | 3802345 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1290289 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1089196 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1314206 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2272858 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1559055 | CurrentTaxYear |
| Total | 7525604 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 94693255 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1159246 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 725470 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 715696 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 132202 | CurrentTaxYearMinus1Year |
| Current Tax Year | 554408 | CurrentTaxYear |
| Total | 3287022 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1159246 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 725470 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 715696 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 132202 | CurrentTaxYearMinus1Year |
| Current Tax Year | 554408 | CurrentTaxYear |
| Total | 3287022 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | 87124 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 97325 | CurrentTaxYearMinus1Year |
| Total | 184449 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 20324486 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 20783617 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21338493 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 21609810 | CurrentTaxYearMinus1Year |
| Current Tax Year | 21633924 | CurrentTaxYear |
| Total | 105690330 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.89600 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.88960 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03110 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03970 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $2,100 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 2100 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1: | ReturnReference |
| Explanation | A PORTION OF THE ORGANIZATION'S ASSOCIATION DUES IS ATTRIBUTABLE TO LOBBYING. | Explanation |
Schedule D IRS990ScheduleD
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 602097 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 25055 | InvestmentEarningsOrLosses |
| Other Expenditures | 627152 | OtherExpenditures |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1023437 | BeginningOfYearBalance |
| Contributions | -500000 | Contributions |
| Investment Earnings Or Losses | 318933 | InvestmentEarningsOrLosses |
| Other Expenditures | 240273 | OtherExpenditures |
| End Of Year Balance | 602097 | EndOfYearBalance |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2830213 | OtherCostOrOtherBasis |
| Book Value | 2830213 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 56382974 | OtherCostOrOtherBasis |
| Depreciation | 25205260 | Depreciation |
| Book Value | 31177714 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5601623 | OtherCostOrOtherBasis |
| Depreciation | 3906081 | Depreciation |
| Book Value | 1695542 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 3908460 | OtherCostOrOtherBasis |
| Depreciation | 2894317 | Depreciation |
| Book Value | 1014143 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 36717612 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | INVESTMENTS | Description |
| Book Value | 16642917 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 16642917 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| REFUNDABLE FEES | $992,426 |
| OTHER LIABILITIES | $125,782 |
| INTERCOMPANY PAYABLE | $10,520 |
| DEFERRED RESIDENT FEE REVENUE | $93,527 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1222255 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 22502222 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 555395 | NetUnrealizedGainsInvestments |
| Other Revenues | 225458 | OtherRevenues |
| Revenue Not Rptd F990 | 780853 | RevenueNotRptdF990 |
| Revenue Subtotal | 21721369 | RevenueSubtotal |
| Other Revenues Not Included | 118836 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 118836 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 21840205 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 20310557 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 92438 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 92438 | ExpensesNotRptdF990 |
| Expenses Subtotal | 20218119 | ExpensesSubtotal |
| Other Expenses Not Included | 550000 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 550000 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 20768119 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | WELL-SPRING AND THE FOUNDATION ARE NOT-FOR-PROFIT ORGANIZATIONS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). WELL-SPRING AND THE FOUNDATION FILE AS TAX-EXEMPT ORGANIZATIONS. SHOULD ANY STATUS BE CHALLENGED IN THE FUTURE, WELL-SPRING AND THE FOUNDATION ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF WELL-SPRING OR THE FOUNDATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR WELL-SPRING OR THE FOUNDATION. WELL-SPRING AND THE FOUNDATION HAVE ADOPTED GUIDANCE ON THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE COMMUNITY'S CONSOLIDATED FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | NET ASSETS RELEASED FROM RESTRICTION RENTAL EXPENSE | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | TEMPORARILY RESTRICTED CONTRIBUTIONS | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES INCLUDED IN REVENUES | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | GRANTS SHOWN AS TRANSFER OF ASSETS ON AUDIT | |
| ADJUSTMENTS MADE TO ACCOUNT FOR RELEASE FROM RESTRICTED ASSETS |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (9 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance |
|---|---|---|---|---|---|---|---|---|---|---|
| ALZHEIMER'S ASSOCIATION | ||||||||||
| 122 N ELM STREET SUITE 800 | GREENSBORO | NC | 27401 | 561440727 | 501(C)(3) | 5575 | MEMORY WALK | |||
| AMERICAN HEART ASSOCIATION | ||||||||||
| 4217 PARK PLACE COURT | GLEN ALLEN | VA | 23060 | 135613797 | 501(C)(3) | 5525 | HEART WALK | |||
| COMMUNITY THEATRE OF GREENSBORO | ||||||||||
| 200 N DAVIE STREET | GREENSBORO | NC | 27401 | 566085349 | 501(C)(3) | 5000 | HEALTH CARE MANAGEMENT SCHOLARSHIP & OPERATING SUPPORT | |||
| EASTERN MUSIC FESTIVAL | ||||||||||
| 200 N DAVIE STREET STE 303 | GREENSBORO | NC | 27401 | 560771005 | 501(C)(3) | 5525 | OPERATING SUPPORT | |||
| HOUSING GREENSBORO INC | ||||||||||
| PO BOX 3341 | GREENSBORO | NC | 27402 | 200458814 | 501(C)(3) | 5000 | OPERATING SUPPORT | |||
| PACE OF GUILFORD & ROCKINGHAM COUNTIES | ||||||||||
| 1471 E CONE BLVD | GREENSBORO | NC | 27405 | 271560334 | 501(C)(3) | OPERATING SUPPORT | 70462 | FMV | MEALS PROVIDED | |
| TRIAD STAGE | ||||||||||
| 232 S ELM STREET | GREENSBORO | NC | 27401 | 621743981 | 501(C)(3) | 5650 | OPERATING SUPPORT | |||
| UNITED WAY OF GREATER GREENSBORO | ||||||||||
| 1500 YANCEYVILLE STREET | GREENSBORO | NC | 27405 | 560668555 | 501(C)(3) | 11025 | OPERATING SUPPORT | |||
| WELL-SPRING FOUNDATION | ||||||||||
| 4100 WELL SPRING DRIVE | GREENSBORO | NC | 27410 | 562217797 | 501(C)(3) | 550000 | OPERATING SUPPORT | |||
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: WELL-SPRING RETIREMENT COMMUNITY RECEIVES PERIODIC REPORTS FOR THE ORGANIZATION TO WHOM FUNDS WERE DONATED TO ESTABLISH SCHOLARSHIPS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STEPHEN P FLEMING | ||||||||||||||
| PRESIDENT/CEO | 206970 | 0 | 20085 | 0 | 8475 | 0 | 7187 | 0 | 21480 | 0 | 264197 | 0 | 0 | 0 |
| K ALAN TUTTEROW | ||||||||||||||
| SECRETARY/TREASURER/CFO | 134550 | 0 | 11209 | 0 | 14494 | 0 | 4866 | 0 | 18100 | 0 | 183219 | 0 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| HEALTH CARE FACILITIES FIRST MORTGAGE REVENUE REFUNDING BONDS SERIES 2003C | ||||||||
| A | 521309402 | NONEAVAIL | 2010-11-10 | 7065000 | TO REFUND THE 2003C BONDS | 0 | 0 | 0 |
| NC MEDICAL CARE COMMISSION (SERIES 2003ABC) | ||||||||
| B | 521309402 | 657902M58 | 2003-12-23 | 27450000 | PARTIAL REFUNDING OF 1997 BONDS | 1 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount In Reserve FundAmountInReserveFund |
|---|---|---|---|---|---|---|---|---|---|
| A | 1650000 | 5415000 | 100418 | 1998 | 1 | 0 | 1 | 1 | |
| B | 18600000 | 8850000 | 608169 | 1998 | 0 | 0 | 1 | 1 | 3420878 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | EFFECTIVE AUGUST 30, 2012 WELL-SPRING RETIREMENT COMMUNITY BY-LAWS WERE AMENDED AND RESTATED TO REFLECT THE FOLLOWING: THE SOLE MEMBER -- THE SOLE MEMBER OF THE CORPORATION IS WELL-SPRING SERVICES, INC., A NORTH CAROLINA NONPROFIT CORPORATION ("WELL-SPRING SERVICES"). ACTION BY SOLE MEMBER -- WELL-SPRING SERVICES, AS THE SOLE MEMBER, MAY ACT WITHOUT A MEETING. SUCH ACTION SHALL BE EVIDENCED BY A WRITTEN CONSENT SIGNED BY AN INDIVIDUAL DESIGNATED BY THE BOARD OF DIRECTORS OF WELL-SPRING SERVICES PURSUANT TO SECTION 3 BELOW OR, IN THE ABSENCE OF SUCH DESIGNATION, BY THE CHAIR OF THE BOARD OF WELL-SPRING SERVICES, BEFORE OR AFTER SUCH ACTION, DESCRIBING THE ACTION TAKEN, WHICH CONSENT SHALL BE DELIVERED TO THE CORPORATION AND SHALL BE INCLUDED IN THE CORPORATE MINUTES OR FILED WITH THE CORPORATE RECORDS. AUTHORIZED REPRESENTATIVE OF WELL-SPRING SERVICES -- THE BOARD OF DIRECTORS OF WELL-SPRING SERVICES SHALL DESIGNATE BY NOTICE TO THE CORPORATION AN INDIVIDUAL OR INDIVIDUALS TO VOTE OR CONSENT ON ITS BEHALF, OR, IN THE ABSENCE OF SUCH DESIGNATION, THE CHAIR OF THE BOARD OF WELL-SPRING SERVICES SHALL VOTE OR CONSENT ON ITS BEHALF. SUCH DESIGNATED INDIVIDUAL OR INDIVIDUALS MAY BE REMOVED AND REPLACED AT ANY TIME BY NOTICE TO THE CORPORATION. DETERMINATION -- ANY INDEMNIFICATION UNDER SECTION 2 OF THIS ARTICLE VIII SHALL BE PAID BY THE CORPORATION IN A SPECIFIC CASE ONLY AFTER A DETERMINATION THAT THE TRUSTEE OR INDEMNIFIED OFFICER HAS MET THE STANDARD OF CONDUCT SET FORTH IN SUCH SECTION 2. SUCH DETERMINATION SHALL BE MADE: (D) BY WELL-SPRING SERVICES, BUT DIRECTORS OF WELL-SPRING SERVICES WHO ARE AT THE TIME PARTIES TO THE PROCEEDING SHALL NOT VOTE ON THE DETERMINATION. AMENDMENTS -- THESE BYLAWS MAY BE AMENDED OR REPEALED AND NEW BYLAWS MAY BE ADOPTED BY THE CONSENT OF THE BOARD OF DIRECTORS OF WELL-SPRING SERVICES AND THE AFFIRMATIVE VOTE OF A MAJORITY OF THE ENTIRE BOARD OF TRUSTEES AT ANY MEETING OF THE BOARD OF TRUSTEES OF THE CORPORATION; PROVIDED, THAT NOTICE OF THE MEETING SHALL HAVE BEEN GIVEN NO LESS THAN FIVE (5) DAYS PRIOR TO THE MEETING AND THE NOTICE SHALL (I) STATE THAT THE PURPOSE OR ONE OF THE PURPOSES OF THE MEETING IS TO CONSIDER A PROPOSED AMENDMENT TO THE BYLAWS AND (II) INCLUDE A COPY OR SUMMARY OF THE PROPOSED AMENDMENT OR STATE THE GENERAL NATURE OF THE AMENDMENT. SUCH NOTICE MAY BE WAIVED AS PROVIDED IN THESE BYLAWS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | BEFORE THE FILING OF THE INFORMATION TAX RETURN 990 FOR WELL-SPRING RETIREMENT COMMUNITY, THE FORM 990 WAS REVIEWED IN DETAIL BY THE CHIEF FINANCIAL OFFICER AND CHIEF EXECUTIVE OFFICER. EACH MEMBER OF THE WELL-SPRING RETIREMENT COMMUNITY'S BOARD OF TRUSTEES WAS PROVIDED WITH A COPY OF WELL-SPRING RETIREMENT COMMUNITY'S FORM 990 PRIOR TO FILING OF THE FORM 990. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE TRUSTEES SHALL COMPLETE AND RETURN TO THE SECRETARY AN ANNUAL STATEMENT THAT EACH OF THEM: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) AGREES TO COMPLY WITH THIS POLICY; (D) UNDERSTANDS THAT THE POLICY APPLIES TO ALL COMMITTEES; AND (E) UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND MUST CONTINUOUSLY ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. | |
| FORM 990, PART VI, SECTION B, LINE 15 | PRESIDENT/CEO COMPENSATION: IT SHALL BE THE POLICY OF WELL-SPRING RETIREMENT COMMUNITY TO ANNUALLY REVIEW THE PERFORMANCE OF THE PRESIDENT AND CEO UNLESS CIRCUMSTANCES DEMAND MORE FREQUENT REVIEW INTERVALS. THE PRESIDENT/CEO'S REVIEW SHALL BE CONDUCTED BY THE BOARD OF TRUSTEES; HOWEVER THE BOARD OF TRUSTEES MAY DELEGATE THIS FUNCTION TO ITS COMPENSATION COMMITTEE. PROCEDURES FOR SETTING COMPENSATION: 1. A BOARD OF TRUSTEES COMPENSATION COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE BOARD CHAIR. THE COMMITTEE SHALL BE COMPRISED OF THE CURRENT CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT (IF ANY) AND 1-2 TRUSTEES AT LARGE. 2. THE COMMITTEE SHALL MEET APPROXIMATELY THIRTY DAYS PRIOR TO THE END OF THE WELL-SPRING RETIREMENT COMMUNITY'S FISCAL YEAR. 3. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE COMPARABLE SALARY AND BENEFIT DATA THROUGH EXTERNAL SOURCES SUCH AS: THE AAHSA SALARY AND BENEFIT REPORT, NCANPHA WAGE SURVEY, PUBLIC RECORD IRS FORM 990S, AND INDEPENDENT SURVEYS. 4. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE A STATEMENT OF ACHIEVEMENTS COMPARED TO GOALS FOR THE CURRENT YEAR AND A PRELIMINARY LIST OF PERFORMANCE GOALS FOR THE SUCCEEDING YEAR. 5. AT THE MEETING, THE PRESIDENT/CEO SHALL INFORM THE COMMITTEE OF PROPOSED SALARY ADJUSTMENTS FOR SENIOR MANAGEMENT FOR THE SUCCEEDING YEAR. THE PRESIDENT/CEO MAY PRESENT COMPARABLE SALARY DATA FOR SENIOR MANAGEMENT AT THE COMMITTEE'S DISCRETION. 6. AT THE MEETING AND AFTER PRESENTING YEAR-END RESULTS AND SUCCEEDING YEAR GOALS, THE COMMITTEE MAY EXCUSE THE PRESIDENT/CEO, ENTER INTO EXECUTIVE SESSION AND DISCUS THE PRESIDENT/CEO'S PERFORMANCE AND COMPENSATION. 7. AT THE CONCLUSION OF THE MEETING, THE BOARD OF TRUSTEES' CHAIR SHALL MEET WITH THE PRESIDENT/CEO IN ORDER TO REVIEW THE COMMITTEE'S ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT/CEO'S COMPENSATION SHALL BE AUTHORIZED BY SIGNATURE OF THE BOARD CHAIR OR VICE CHAIR ONLY. 8. AT THE FIRST BOARD OF TRUSTEES' MEETING FOLLOWING THE COMPENSATION COMMITTEE'S MEETING, THE BOARD OF TRUSTEES' CHAIR SHALL REPORT THE COMMITTEE'S FINDINGS AND THE COMMITTEE'S ACTIONS REGARDING EMPLOYMENT STATUS, RECOMMENDATIONS AND SALARY OR BENEFIT ADJUSTMENTS FOR THE PRESIDENT/CEO. EXECUTIVE MANAGERS COMPENSATION PHILOSOPHY OBJECTIVE: THE COMPENSATION COMMITTEE BELIEVES THAT THE PRIMARY OBJECTIVES OF WELL-SPRING'S EXECUTIVE COMPENSATION POLICIES SHOULD BE: - TO ATTRACT AND RETAIN TALENTED EXECUTIVES BY PROVIDING COMPENSATION THAT IS, OVERALL, HIGHLY COMPETITIVE WITH THE COMPENSATION PROVIDED TO EXECUTIVES AT COMPANIES OF COMPARABLE POSITION IN THE CONTINUING CARE RETIREMENT COMMUNITY FIELD, WHILE MAINTAINING COMPENSATION WITHIN LEVELS THAT ARE CONSISTENT WITH WELL-SPRING'S ANNUAL BUDGET, FINANCIAL OBJECTIVES, OPERATING PERFORMANCE AND RESIDENT AND STAFF SATISFACTION; AND - TO PROVIDE APPROPRIATE INCENTIVES FOR EXECUTIVES TO WORK TOWARD THE ACHIEVEMENT OF WELL-SPRING'S ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON WELL-SPRING'S ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION WELL-SPRING'S FINANCIAL PERFORMANCE, ITS ANNUAL BUDGET, ITS POSITION IN THE INDUSTRY AND WELL-SPRING'S MISSION STATEMENT AND CORE VALUES. THE COMPENSATION COMMITTEE BELIEVES THAT IN ADDITION TO CORPORATE PERFORMANCE, IT IS APPROPRIATE IN SETTING AND REVIEWING EXECUTIVE COMPENSATION TO CONSIDER THE LEVEL OF EXPERIENCE AND RESPONSIBILITIES OF EACH EXECUTIVE OFFICER AS WELL AS THE PERSONAL CONTRIBUTIONS A PARTICULAR INDIVIDUAL AMY MAKE TO THE SUCCESS OF WELL-SPRING RETIREMENT COMMUNITY, INC. | |
| FORM 990, PART VI, SECTION C, LINE 19 | WELL-SPRING RETIREMENT COMMUNITY'S FINANCIAL STATEMENTS ARE CONSOLIDATED WITH THOSE OF WELL-SPRING FOUNDATION. INCLUDED WITH THE AUDITED FINANCIAL STATEMENTS ARE SCHEDULES WHICH SHOW STAND ALONE FIGURES FOR BOTH WELL-SPRING FOUNDATION AND WELL-SPRING RETIREMENT COMMUNITY. THE CONSOLIDATED FINANCIAL STATEMENTS ARE PART OF WELL-SPRING'S ANNUAL DISCLOSURE STATEMENT WHICH IS FILED WITH THE NC DEPARTMENT OF INSURANCE. THE NC DEPARTMENT OF INSURANCE POST ALL DISCLOSURE STATEMENTS ON THEIR WEB SITE. THE CONSOLIDATED FINANCIAL STATEMENTS ARE FILED ANNUALLY WITH THE SEC VIA EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS). ADDITIONALLY, COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | TRANSFER OF MEMBERSHIP INTEREST 985,776. TRANSFERS TO/FROM FOUNDATION 163,839. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. | |
| FORM 990, PART VII, LINE 1A, COLUMN (B): | AVERAGE HOURS PER WEEK LISTED IN COLUMN (B) INCLUDE HOURS UTILIZED TOWARDS BOTH THE FILING ORGANIZATION AND RELATED ORGANIZATIONS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| WELL-SPRING FOUNDATION | ||||||||||
| 4100 WELL SPRING DRIVE | GREENSBORO | NC | 27410 | 562217797 | FUNDRAISING | NC | 501(C)(3) | LINE 11A, I | N/A | 0 |
| PACE OF GUILFORD & ROCKINGHAM COUNTIES INC | ||||||||||
| 721 GREEN VALLEY ROAD | GREENSBORO | NC | 27408 | 271560334 | ALL INCLUSIVE ELDERLY CARE | NC | 501(C)(3) | LINE 9 | N/A | 0 |
| PACE OF SOUTHERN PIEDMONT INC | ||||||||||
| 6133 THE PLAZA | CHARLOTTE | NC | 28215 | 274683614 | ALL INCLUSIVE ELDERLY CARE | NC | 501(C)(3) | LINE 9 | N/A | 0 |
| WELL SPRING SERVICES INC | ||||||||||
| 4100 WELL SPRING DRIVE | GREENSBORO | NC | 27410 | 900885759 | HOLDING COMPANY | NC | 501(C)(3) | LINE 9 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| WELL SPRING FOUNDATION | ||
| B | 550000 | CASH TRANSACTION |
| WELL SPRING FOUNDATION | ||
| S | 163839 | CASH TRANSACTION |
| WELL SPRING FOUNDATION | ||
| S | 69892 | CASH TRANSACTION |
| WELL SPRING SERVICES | ||
| C | 985776 | TRANSFER OF MEMBERSHIP OBLIGATION |