Skip to content
Nonprofiteer
← EVERGREEN RETIREMENT COMMUNITY INC

Form 990 for tax year 2022

Filed by EVERGREEN RETIREMENT COMMUNITY INC.

Totals

Total revenue
$19,561,116
Total expenses
$20,290,692
Contributions and grants received
$742,255
Grants paid
$0
Program service revenue
$18,181,372
Investment income
$0
Other revenue
$637,489
Total assets, end of year
$48,530,279
Total liabilities, end of year
$31,976,818
Net assets or fund balances, end of year
$16,553,461
Program services expenses (Part IX)
$16,918,059
Management and general expenses
$3,372,633
Fundraising expenses
$0
Program service expenses (Part III)
$16,918,059

Program services were 83.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $742,255

  • 2a · Program service revenue: RESIDENT SERVICE FEES

    total $17,408,192 · related or exempt $17,408,192

  • 2b · Program service revenue: MANAGEMENT FEE INCOME

    total $773,180 · related or exempt $773,180

  • 11a · Other revenue: OTHER SERVICE REVENUE

    total $637,489 · related or exempt $637,489

  • 11e · Other revenue, total

    $637,489

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $927,538 · program services $776,869 · management and general $150,669

  • 7 · Other salaries and wages

    total $7,993,602 · program services $6,695,124 · management and general $1,298,478

  • 8 · Pension plan contributions

    total $351,079 · program services $295,110 · management and general $55,969

  • 9 · Other employee benefits

    total $1,044,297 · program services $877,816 · management and general $166,481

  • 10 · Payroll taxes

    total $647,635 · program services $544,389 · management and general $103,246

  • 11b · Fees: legal

    total $25,283 · management and general $25,283

  • 11c · Fees: accounting

    total $45,398 · program services $2,096 · management and general $43,302

  • 11g · Fees: other

    total $2,536,488 · program services $1,835,632 · management and general $700,856

  • 12 · Advertising and promotion

    total $160,812 · program services $133,941 · management and general $26,871

  • 13 · Office expenses

    total $225,798 · program services $188,069 · management and general $37,729

  • 14 · Information technology

    total $26,300 · program services $21,905 · management and general $4,395

  • 16 · Occupancy

    total $969,441 · program services $807,454 · management and general $161,987

  • 17 · Travel

    total $18,120 · program services $15,092 · management and general $3,028

  • 19 · Conferences, conventions and meetings

    total $78,244 · program services $65,170 · management and general $13,074

  • 20 · Interest

    total $175,527 · program services $175,527

  • 22 · Depreciation, depletion and amortization

    total $2,150,189 · program services $2,000,621 · management and general $149,568

  • 23 · Insurance

    total $616,011 · program services $513,080 · management and general $102,931

  • 24a · Other expenses: FOOD SUPPLIES

    total $1,117,161 · program services $930,491 · management and general $186,670

  • 24b · Other expenses: GENERAL SUPPLIES

    total $388,909 · program services $323,925 · management and general $64,984

  • 24c · Other expenses: BAD DEBTS

    total $331,368 · program services $331,368

  • 24d · Other expenses: RESIDENT SUPPLIES

    total $282,305 · program services $235,134 · management and general $47,171

  • 24e · All other expenses

    total $179,187 · program services $149,246 · management and general $29,941

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,685,852 · end of year $5,528,475

  • 2 · Savings and temporary cash investments

    beginning of year $5,229,079 · end of year $2,541,547

  • 4 · Accounts receivable

    beginning of year $1,754,507 · end of year $1,840,087

  • 7 · Other notes and loans receivable

    beginning of year $43,113 · end of year $43,113

  • 8 · Inventories for sale or use

    beginning of year $277,629 · end of year $227,879

  • 9 · Prepaid expenses and deferred charges

    beginning of year $187,408 · end of year $184,983

  • 10a · Land, buildings and equipment: cost or other basis

    $72,569,538

  • 10b · Land, buildings and equipment: accumulated depreciation

    $35,279,734

  • 10c · Land, buildings and equipment, net

    beginning of year $34,547,049 · end of year $37,289,804

  • 12 · Investments: other securities

    beginning of year $274,998 · end of year $642,035

  • 15 · Other assets

    beginning of year $606,536 · end of year $232,356

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,256,824 · end of year $2,057,200

  • 19 · Deferred revenue

    beginning of year $5,534,652 · end of year $4,811,542

  • 20 · Tax-exempt bond liabilities

    beginning of year $20,524,635 · end of year $25,051,942

  • 21 · Escrow or custodial account liability

    beginning of year $7,023 · end of year $5,292

  • 25 · Other liabilities

    beginning of year $0 · end of year $50,842

  • 27 · Net assets without donor restrictions

    beginning of year $17,283,037 · end of year $16,553,461

Mission and programs · 2022

Mission

GUIDED BY CHRISTIAN IDEALS, WE STRIVE TO PROVIDE EXCEPTIONAL LIVING ENVIRONMENTS, SERVICES AND EXPERIENCES FOR PEOPLE 55 AND OLDER.

  • EVERGREEN IS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVING OLDER ADULTS, AGES 55 AND OLDER. IDEAL FOR THOSE LOOKING FOR A LIFESTYLE OF CHOICE, FREEDOM, SAFETY, COMMUNITY AND VALUE, EVERGREEN IS MORE THAN JUST A SENIOR LIVING COMMUNITY.EVERGREEN'S 35-ACRE CAMPUS IS NOT ONLY HOME TO ALMOST 300 RESIDENTS, BUT IT IS ALSO A DESTINATION FOR FAMILIES, COMMUNITY MEMBERS, VOLUNTEERS, NONPROFIT GROUPS AND OTHER VISITORS.LOCATED IN A PLEASANT RESIDENTIAL NEIGHBORHOOD IN OSHKOSH, WISCONSIN AMONG BEAUTIFUL, NATURAL SURROUNDINGS AND BORDERED BY OUR OWN OAK SAVANNA WOODLANDS, EVERGREEN PROVIDES LIVELY OPPORTUNITIES FOR YOU AND YOUR FRIENDS TO LIVE AS YOU CHOOSE. CHOOSE FROM THREE STYLES OF INDEPENDENT LIVING ACCOMMODATIONS, FOUR LEVELS OF ASSISTED LIVING, SHORT-TERM REHAB AND POST SURGICAL CARE, LONG-TERM SKILLED NURSING, OR EVERGREEN AT HOME SERVICES TO MEET YOUR UNIQUE NEEDS.LIFE ENRICHMENT ABOUNDS AT EVERGREEN. THERAPEUTIC SWIMMING POOLS, AN AEROBIC STUDIO, LAPIDARY SHOP, AND SUPPERS WITH THE CHEF ARE JUST A FEW OF THE MANY OPPORTUNITIES THAT ENCOURAGE ACTIVE LIFESTYLES. PARTNERSHIPS WITH THE UNIVERSITY OF WISCONSIN OSHKOSH, LEARNING IN RETIREMENT AND THE OSHKOSH GALLERY WALK ALSO PROVIDE ENTERTAINING AND FULFILLING EXPERIENCES AND ENSURE THAT NO TWO DAYS ARE THE SAME. AT EVERGREEN, POSSIBILITIES AWAIT.

    Expenses $16,918,059 · Revenue $18,818,861

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Barbara Rau

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Andrew Mathes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Chad Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Javad Ahmad

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Stubbs

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Dearmond

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sherry Lunch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Cathy Wedigand

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Kruck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emily Richeson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Chitwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Schatz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Luella Remmel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Grey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Steve Dunn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tony Renning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tom Ramsey

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Billie Jo Higgins

    CFO/TREASURER

    Total calculated
    $165,959
    From this org
    $156,404
    From related orgs
    $0
    Other
    $9,555
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $150,052
    Bonus
    $6,352
    Other
    $0
    Deferred
    $9,380
    Nontaxable benefits
    $175
    Filer's total
    $165,959

  • Lisa Ruiz

    EXECUTIVE ASSISTANT/SECRET

    Total calculated
    $62,762
    From this org
    $49,509
    From related orgs
    $0
    Other
    $13,253
    Hours/week
    40

  • Ken Arneson

    PRESIDENT/CEO

    Total calculated
    $282,435
    From this org
    $266,169
    From related orgs
    $0
    Other
    $16,266
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $251,169
    Bonus
    $15,000
    Other
    $0
    Deferred
    $15,959
    Nontaxable benefits
    $307
    Filer's total
    $282,435

  • Peggy Bellin

    VP HEALTH & SUPPORT SERVIC

    Total calculated
    $129,761
    From this org
    $111,566
    From related orgs
    $0
    Other
    $18,195
    Hours/week
    40

  • Erin Sanders

    VP HUMAN RESOURCES

    Total calculated
    $133,394
    From this org
    $109,269
    From related orgs
    $0
    Other
    $24,125
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 6a · Pay contingent on this organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATIONAL PERFORMANCE COMMITTEE (OPC) OF THE BOARD IS RESPONSIBLE FOR CONDUCTING THE PERFORMANCE REVIEW OF THE CEO AND MAKING A WAGE RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. THE OPC IS PROVIDED COMPARATIVE WAGE DATA ANNUALLY BY THE VICE PRESIDENT OF HUMAN RESOURCES. THE REVIEW PROCESS IS DOCUMENTED IN EXECUTIVE SESSION MINUTES.
PART I, LINE 6
PRESIDENT/CEO (KEN ARNESON), CFO/TREASURER (BILLIE JO HIGGINS), EXECUTIVE ASSISTANT/SECRETARY (LISA RUIZ) OF EVERGREEN RETIREMENT COMMUNITY, AS MEMBERS OF THE MANAGEMENT TEAM, RECEIVE AN ANNUAL BONUS, PART OF WHICH RELATES TO THE NET INCOME OF THE ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • ERC VENTURES LLC

    SENIOR LIVING · WI · income $0 · assets $0

    Directly controlled by EVERGREEN RETIREMENT COMMUNITY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • EVERGREEN VILLAGE INC

    C · CO-OPERATIVE · WI

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202343179349304859

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.