Totals
- Total revenue
- $28,237,835
- Total expenses
- $26,940,300
- Contributions and grants received
- $514,759
- Grants paid
- $0
- Program service revenue
- $26,822,840
- Investment income
- $635,780
- Other revenue
- $264,456
- Total assets, end of year
- $44,524,503
- Total liabilities, end of year
- $57,349,932
- Net assets or fund balances, end of year
- -$12,825,429
- Program services expenses (Part IX)
- $22,952,848
- Management and general expenses
- $3,632,839
- Fundraising expenses
- $354,613
- Program service expenses (Part III)
- $22,952,848
Program services were 85.2% 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.
-
1c · Fundraising events
$84,368
-
1f · All other contributions, gifts and grants
$430,391
-
2a · Program service revenue: INDEPENDENT LIVING
total $10,693,333 · related or exempt $10,693,333
-
2b · Program service revenue: HEALTH SERVICES
total $8,277,983 · related or exempt $8,277,983
-
2c · Program service revenue: AMORTIZED ADMISSION FEES
total $4,983,336 · related or exempt $4,983,336
-
2d · Program service revenue: ASSISTED LIVING
total $2,868,188 · related or exempt $2,868,188
-
3 · Investment income
total $559,578 · excluded $559,578
-
7a · Gross sales of assets other than inventory
securities $6,433,173
-
7b · Less cost or other basis and sales expenses
securities $6,356,971
-
7c · Gain or loss
securities $76,202
-
7d · Net gain or loss
total $76,202 · excluded $76,202
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$84,368
-
8b · Fundraising events: direct expenses
$3,592
-
8c · Net income from fundraising events
total -$3,592 · excluded -$3,592
-
11a · Other revenue: CELLPHONE TOWER RENTAL
total $268,048 · excluded $268,048
-
11e · Other revenue, total
$268,048
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $1,124,433 · program services $897,018 · management and general $198,052 · fundraising $29,363
-
7 · Other salaries and wages
total $8,240,027 · program services $6,586,753 · management and general $1,443,557 · fundraising $209,717
-
8 · Pension plan contributions
total $71,126 · program services $55,007 · management and general $13,547 · fundraising $2,572
-
9 · Other employee benefits
total $1,005,986 · program services $844,776 · management and general $149,040 · fundraising $12,170
-
10 · Payroll taxes
total $774,712 · program services $627,341 · management and general $129,581 · fundraising $17,790
-
11b · Fees: legal
total $239,633 · management and general $239,633
-
11c · Fees: accounting
total $67,623 · management and general $67,623
-
11f · Fees: investment management
total $27,825 · management and general $27,825
-
11g · Fees: other
total $1,050,862 · program services $586,680 · management and general $461,007 · fundraising $3,175
-
12 · Advertising and promotion
total $17,155 · program services $556 · management and general $16,599
-
13 · Office expenses
total $717,289 · program services $626,634 · management and general $89,233 · fundraising $1,422
-
14 · Information technology
total $617,365 · program services $564,813 · management and general $51,414 · fundraising $1,138
-
16 · Occupancy
total $3,935,187 · program services $3,889,474 · management and general $45,713
-
17 · Travel
total $42,594 · program services $42,594
-
22 · Depreciation, depletion and amortization
total $2,952,091 · program services $2,932,970 · management and general $19,121
-
23 · Insurance
total $521,023 · management and general $521,023
-
24a · Other expenses: DINING SERVICES
total $3,889,746 · program services $3,889,746
-
24b · Other expenses: MEDICAL SUPPLIES
total $769,772 · program services $769,772
-
24c · Other expenses: NURSING PROVIDER TAX
total $373,706 · program services $373,706
-
24d · Other expenses: RESIDENT SERVICES
total $127,393 · program services $127,393
-
24e · All other expenses
total $374,752 · program services $137,615 · management and general $159,871 · fundraising $77,266
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50,673 · end of year $1,495,729
-
2 · Savings and temporary cash investments
beginning of year $11,873,775 · end of year $10,664,635
-
3 · Pledges and grants receivable
beginning of year $10,000 · end of year $10,000
-
4 · Accounts receivable
beginning of year $1,064,342 · end of year $1,076,604
-
8 · Inventories for sale or use
beginning of year $25,841 · end of year $25,921
-
9 · Prepaid expenses and deferred charges
beginning of year $147,614 · end of year $325,696
-
10a · Land, buildings and equipment: cost or other basis
$101,908,557
-
10b · Land, buildings and equipment: accumulated depreciation
$78,466,737
-
10c · Land, buildings and equipment, net
beginning of year $24,671,557 · end of year $23,441,820
-
11 · Investments: publicly traded securities
beginning of year $3,025,529 · end of year $6,615,415
-
15 · Other assets
beginning of year $1,572,969 · end of year $868,683
-
17 · Accounts payable and accrued expenses
beginning of year $2,144,988 · end of year $1,749,790
-
19 · Deferred revenue
beginning of year $18,496,911 · end of year $16,253,038
-
20 · Tax-exempt bond liabilities
beginning of year $17,788,564 · end of year $17,077,685
-
25 · Other liabilities
beginning of year $17,873,160 · end of year $22,269,419
-
27 · Net assets without donor restrictions
beginning of year -$14,151,301 · end of year -$13,396,936
-
28 · Net assets with donor restrictions
beginning of year $289,978 · end of year $571,507
Mission and programs · 2025
Mission
THE FOUNDATION OPERATES A CONTINUING CARE RETIREMENT COMMUNITY. THE FOUNDATION PROVIDES THREE LEVELS OF HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF ELDERLY RETIRED CAREER MILITARY OFFICERS AND THEIR CLOSE RELATIVES. THE FOUNDATION PROVIDES INDEPENDENT LIVING FOR THOSE WHO ARE CAPABLE OF CARING FOR THEMSELVES, ASSISTED LIVING FOR THOSE WHO ARE NOT FULLY CAPABLE OF PROVIDING FOR THEMSELVES, AND HEALTH SERVICES FOR THOSE REQUIRING IMMEDIATE AND CONTINUING CARE.
Activities or mission (Part I)
A CONTINUING CARE RETIREMENT COMMUNITY FOR ELDERLY RETIRED MILITARY OFFICERS & CLOSE RELATIVES.
-
NESTLED IN ONE OF WASHINGTON, D.C.'S MOST IMPRESSIVE NEIGHBORHOODS AND SURROUNDED BY THE NATURAL BEAUTY OF ROCK CREEK PARK, KNOLLWOOD OFFERS A WELCOMING AND VIBRANT SENIOR LIVING EXPERIENCE. OUR COMMUNITY FEATURES 160 INDEPENDENT LIVING RESIDENCES DESIGNED TO ENRICH THE LIVES OF RETIRED MILITARY OFFICERS, THEIR SPOUSES, AND CLOSE FAMILY MEMBERS. WITH EASY ACCESS TO NEARBY RESTAURANTS, CULTURAL ATTRACTIONS, AND OUTDOOR ACTIVITIES, KNOLLWOOD PROVIDES THE PERFECT BALANCE OF COMFORT, CONNECTION, AND ACTIVE LIVING.
Expenses $13,414,843 · Revenue $15,676,669
-
KNOLLWOOD'S SKILLED NURSING AND MEMORY CARE NEIGHBORHOODS OFFER SPACIOUS ACCOMMODATION AND A BOUTIQUE-STYLE ENVIRONMENT FOCUSED ON PROVIDING THE HIGHEST LEVEL OF CARE. OUR MEDICARE- AND MEDICAID-LICENSED CENTER INCLUDES 49 BEDS AND IS PROUD TO HOLD A 5-STAR CMS RATING. WITH AN EXCEPTIONAL STAFFING MODEL AND A COMMITMENT TO PERSONALIZED SERVICE, KNOLLWOOD IS A TRUSTED CHOICE FOR RESIDENTS SEEKING OUTSTANDING CLINICAL CARE AND OVERALL WELLBEING.
Expenses $7,083,638 · Revenue $8,277,983
-
LOCATED ON 16 BEAUTIFUL ACRES IN ONE OF WASHINGTON, D.C.'S MOST DISTINGUISHED NEIGHBORHOODS, KNOLLWOOD'S ASSISTED LIVING COMMUNITY IS DEDICATED TO EXCEPTIONAL CARE AND WELLBEING. OUR MISSION AND VALUES CENTER ON SUPPORTING RESIDENTS WITH DIGNITY, COMPASSION, AND PURPOSE.THE ASSISTED LIVING NEIGHBORHOOD INCLUDES 45 PRIVATE UNITS AND FEATURES OUTSTANDING AMENITIES SUCH AS A SWIMMING POOL, A FULL-SERVICE BEAUTY SALON, AND WORLD-CLASS REHABILITATION SERVICES.
Expenses $2,454,367 · Revenue $2,868,188
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
John M KeaneJOHN M KEANE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary Ann HilliardMARY ANN HILLIARD
VICE CHAIRMAN, TRUSTEESHIP
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony C FunkhouserANTHONY C FUNKHOUSER
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Lois CallahanLOIS CALLAHAN
BOARD MEMBER/RA PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth Cowles HarrellELIZABETH COWLES HARRELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Matt LawlorMATT LAWLOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Julie ButlerJULIE BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas HorlanderTHOMAS HORLANDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John MontgomeryJOHN MONTGOMERY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David CusanoDAVID CUSANO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lani IngramLANI INGRAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Hunter MooreHUNTER MOORE
CEO (AS OF JAN 2026)
- Total calculated
- $0
- Hours/week
- 40
-
Timothy McHaleTIMOTHY MCHALE
CEO (UNTIL JAN 2026)
- Total calculated
- $346,962
- From this org
- $315,962
- From related orgs
- $0
- Other
- $31,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $315,962
- Bonus
- $0
- Other
- $0
- Deferred
- $31,000
- Nontaxable benefits
- $0
- Filer's total
- $346,962
-
Gladstone JamesGLADSTONE JAMES
CHIEF FINANCIAL OFFICER
- Total calculated
- $215,181
- From this org
- $203,658
- From related orgs
- $0
- Other
- $11,523
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $203,658
- Bonus
- $0
- Other
- $0
- Deferred
- $11,523
- Nontaxable benefits
- $0
- Filer's total
- $215,181
-
James MichelsJAMES MICHELS
CHIEF OPERATING OFFICER
- Total calculated
- $204,418
- From this org
- $195,318
- From related orgs
- $0
- Other
- $9,100
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,318
- Bonus
- $0
- Other
- $0
- Deferred
- $9,100
- Nontaxable benefits
- $0
- Filer's total
- $204,418
-
Beverly M MorganBEVERLY M MORGAN
DIRECTOR OF SALES AND MARKETING
- Total calculated
- $195,865
- From this org
- $189,865
- From related orgs
- $0
- Other
- $6,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,865
- Bonus
- $0
- Other
- $0
- Deferred
- $6,000
- Nontaxable benefits
- $0
- Filer's total
- $195,865
-
Martha McLeanMARTHA MCLEAN
ASSISTANT DIRECTOR OF NURSING
- Total calculated
- $162,007
- From this org
- $150,007
- From related orgs
- $0
- Other
- $12,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,007
- Bonus
- $0
- Other
- $0
- Deferred
- $12,000
- Nontaxable benefits
- $0
- Filer's total
- $162,007
-
Dennis OlaniyiDENNIS OLANIYI
NURSING HOME ADMINISTRATOR
- Total calculated
- $180,635
- From this org
- $149,635
- From related orgs
- $0
- Other
- $31,000
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,635
- Bonus
- $0
- Other
- $0
- Deferred
- $31,000
- Nontaxable benefits
- $0
- Filer's total
- $180,635
-
Ike L RealcionIKE L REALCION
DIRECTOR OF HR
- Total calculated
- $148,843
- From this org
- $133,243
- From related orgs
- $0
- Other
- $15,600
- Hours/week
- 40
-
Margo Diapoulis BudaMARGO DIAPOULIS BUDA
RN NURSE MANAGER
- Total calculated
- $137,480
- From this org
- $134,480
- From related orgs
- $0
- Other
- $3,000
- Hours/week
- 40
-
Stefanie Renae FletcherSTEFANIE RENAE FLETCHER
DIRECTOR OF VENDOR MGMT/AP
- Total calculated
- $131,978
- From this org
- $129,153
- From related orgs
- $0
- Other
- $2,825
- Hours/week
- 40
-
Junette Rosslyn BullardJUNETTE ROSSLYN BULLARD
REGISTERED NURSE
- Total calculated
- $131,946
- From this org
- $116,346
- From related orgs
- $0
- Other
- $15,600
- 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
- 3 · Approval by the board or compensation committee
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
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 22 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202612679349300626
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.