Totals
- Total revenue
- $71,456,797
- Total expenses
- $58,352,449
- Contributions and grants received
- $5,397,462
- Grants paid
- $978,034
- Program service revenue
- $66,572,356
- Investment income
- -$912,186
- Other revenue
- $399,165
- Total assets, end of year
- $353,131,640
- Total liabilities, end of year
- $269,328,055
- Net assets or fund balances, end of year
- $83,803,585
- Program services expenses (Part IX)
- $48,149,372
- Management and general expenses
- $10,203,077
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $48,149,372
Program services were 82.5% 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.
-
1f · All other contributions, gifts and grants
$5,397,462
-
1g · Noncash contributions included above
$99,886
-
2a · Program service revenue: RESIDENTIAL REVENUE
total $42,530,595 · related or exempt $42,530,595
-
2b · Program service revenue: LONG-TERM CARE REVENUE
total $14,538,513 · related or exempt $14,538,513
-
2c · Program service revenue: ASSISTED LIVING REVENUE
total $4,027,770 · related or exempt $4,027,770
-
2d · Program service revenue: FOOD SERVICE REVENUE
total $3,209,175 · related or exempt $3,209,175
-
2e · Program service revenue: OTHER RESIDENT REVENUE
total $2,265,953 · related or exempt $2,265,953
-
2f · All other program service revenue
total $350 · related or exempt $350
-
3 · Investment income
total $1,341,051 · excluded $1,341,051
-
7b · Less cost or other basis and sales expenses
securities $1,468,365 · other assets $784,872
-
7c · Gain or loss
securities -$1,468,365 · other assets -$784,872
-
7d · Net gain or loss
total -$2,253,237 · excluded -$2,253,237
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $399,165 · excluded $399,165
-
11e · Other revenue, total
$399,165
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $692,161 · program services $692,161
-
2 · Grants to domestic individuals
total $285,873 · program services $285,873
-
5 · Compensation of officers, directors and key employees
total $1,353,663 · management and general $1,353,663
-
7 · Other salaries and wages
total $21,788,061 · program services $16,338,175 · management and general $5,449,886
-
8 · Pension plan contributions
total $737,813 · program services $520,900 · management and general $216,913
-
9 · Other employee benefits
total $3,125,500 · program services $2,206,619 · management and general $918,881
-
10 · Payroll taxes
total $1,659,175 · program services $1,171,386 · management and general $487,789
-
11b · Fees: legal
total $37,537 · management and general $37,537
-
11c · Fees: accounting
total $174,123 · management and general $174,123
-
11g · Fees: other
total $3,380,134 · program services $3,332,705 · management and general $47,429
-
12 · Advertising and promotion
total $1,049,163 · program services $221,938 · management and general $827,225
-
13 · Office expenses
total $3,908,671 · program services $3,671,625 · management and general $237,046
-
14 · Information technology
total $1,104,156 · program services $1,094,959 · management and general $9,197
-
16 · Occupancy
total $3,529,844 · program services $3,529,844
-
17 · Travel
total $201,300 · program services $188,454 · management and general $12,846
-
20 · Interest
total $1,697,718 · program services $1,697,718
-
22 · Depreciation, depletion and amortization
total $9,448,619 · program services $9,448,619
-
23 · Insurance
total $671,404 · program services $327,799 · management and general $343,605
-
24a · Other expenses: FOOD EXPENSE
total $2,251,035 · program services $2,251,035
-
24b · Other expenses: MEDICAL SUPPLIES
total $585,976 · program services $585,976
-
24c · Other expenses: CONTINUING EDUCATION
total $198,329 · program services $189,298 · management and general $9,031
-
24d · Other expenses: DIETARY EXPENSE
total $164,247 · program services $128,124 · management and general $36,123
-
24e · All other expenses
total $307,947 · program services $266,164 · management and general $41,783
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,119 · end of year $2,119
-
2 · Savings and temporary cash investments
beginning of year $25,115,085 · end of year $11,875,470
-
3 · Pledges and grants receivable
beginning of year $256,616 · end of year $248,672
-
4 · Accounts receivable
beginning of year $6,713,929 · end of year $7,596,194
-
9 · Prepaid expenses and deferred charges
beginning of year $630,944 · end of year $1,207,905
-
10a · Land, buildings and equipment: cost or other basis
$287,824,379
-
10b · Land, buildings and equipment: accumulated depreciation
$84,895,991
-
10c · Land, buildings and equipment, net
beginning of year $190,010,232 · end of year $202,928,388
-
11 · Investments: publicly traded securities
beginning of year $111,403,637 · end of year $125,376,725
-
14 · Intangible assets
beginning of year $3,185,161 · end of year $2,275,115
-
15 · Other assets
beginning of year $1,134,496 · end of year $1,621,052
-
17 · Accounts payable and accrued expenses
beginning of year $9,683,381 · end of year $10,059,331
-
19 · Deferred revenue
beginning of year $135,904,855 · end of year $149,800,590
-
20 · Tax-exempt bond liabilities
beginning of year $94,162,207 · end of year $91,026,575
-
23 · Secured mortgages and notes payable
beginning of year $17,989,492 · end of year $16,952,811
-
25 · Other liabilities
beginning of year $1,616,460 · end of year $1,488,748
-
27 · Net assets without donor restrictions
beginning of year $68,087,303 · end of year $73,404,184
-
28 · Net assets with donor restrictions
beginning of year $11,008,521 · end of year $10,399,401
Mission and programs · 2022
Mission
IMPROVING LIVES THROUGH COMMUNITIES, SERVICES, AND OUTREACH CORE VALUES OUR CORE VALUES ARE COMMITMENT, CARING, COURAGE AND COLLABORATION
Activities or mission (Part I)
VISION STATEMENT: EXPANDING THE POSSIBILITIES FOR AGING MISSION STATEMENT: CREATING COMMUNITY, EMPOWERING LIVES.
-
GIVENS PROVIDES HOUSING, SUPPORT AND HEALTH AND WELLNESS SERVICES FOR APPROXIMATELY 1,450 SENIORS ON ITS FOUR CAMPUSES. THIS IS DONE BY PROVIDING HOUSING AND HEALTH CARE FOR SENIORS OF ALL ECONOMIC LEVELS. THIS EFFORT REQUIRES ASSISTANCE FUNDS WHICH ARE SECURED THROUGH CHARITABLE SUPPORT, EARNINGS FROM ENDOWMENTS, AND OPERATING REVENUES. THROUGH OUTREACH ENDEAVORS GIVENS IMPACTS APPROXIMATELY 6,000 INDIVIDUALS ANNUALLY THROUGH WELLNESS AND HEALTH EDUCATION, MEDICATION ASSISTANCE, MEALSITES, MEDICAL EQUIPMENT LOAN CLOSETS, BABY EQUIPMENT AND RESOURCES CLOSETS, DIABETES AND OTHER CHRONIC DISEASE MANAGEMENT EDUCATION, AND A COMMUNITY NURSE TO HELP OUR LOWER INCOME RESIDENTS NAVIGATE THE HEALTHCARE ENVIRONMENT.
Expenses $48,149,372 · Grants $305,096 · Revenue $66,572,356
As filed on the 2022 return.
Listed in Part VII
-
G Edward Towson IIG EDWARD TOWSON II
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joseph P McGuireJOSEPH P MCGUIRE
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathryn R DurityKATHRYN R DURITY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Donna A BroadwellDONNA A BROADWELL
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kenneth W Swayze JrKENNETH W SWAYZE JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Charles L FredrickCHARLES L FREDRICK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Rebekah M LoweREBEKAH M LOWE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alisa J BrownALISA J BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kathryn M AtkinsonKATHRYN M ATKINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Annette P ColemanANNETTE P COLEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Ronald C LeatherwoodRONALD C LEATHERWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
F Patrick McGuireF PATRICK MCGUIRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert E ShepherdROBERT E SHEPHERD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
David C WhildenDAVID C WHILDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robby RussellROBBY RUSSELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Charlie PineCHARLIE PINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Margaret A KuhnMARGARET A KUHN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
R Keith TurmanR KEITH TURMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Miles K HoffmanMILES K HOFFMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Suzanne E LandisSUZANNE E LANDIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Connie B MartinCONNIE B MARTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Marjorie J TuckerMARJORIE J TUCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Lauren W YoderLAUREN W YODER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Adam K EnnisADAM K ENNIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Murphy Horne FletcherMURPHY HORNE FLETCHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
W Michael HolderW MICHAEL HOLDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Christopher B TaylorCHRISTOPHER B TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert M McKownROBERT M MCKOWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Hal F StarnesHAL F STARNES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Alfred J Whitesides JrALFRED J WHITESIDES JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert M Blackburn JrROBERT M BLACKBURN JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Karen L Easter BayneKAREN L EASTER BAYNE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
W Mark RallsW MARK RALLS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kevin SchwabKEVIN SCHWAB
CEO
- Total calculated
- $438,473
- From this org
- $382,270
- From related orgs
- $0
- Other
- $56,203
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $363,737
- Bonus
- $17,903
- Other
- $630
- Deferred
- $32,851
- Nontaxable benefits
- $23,352
- Filer's total
- $438,473
-
Allen SquiresALLEN SQUIRES
CFO
- Total calculated
- $373,468
- From this org
- $343,685
- From related orgs
- $0
- Other
- $29,783
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $300,393
- Bonus
- $40,916
- Other
- $2,376
- Deferred
- $13,554
- Nontaxable benefits
- $16,229
- Filer's total
- $373,468
-
John CowanJOHN COWAN
EXECUTIVE DIRECTOR - ESTATES
- Total calculated
- $330,865
- From this org
- $291,029
- From related orgs
- $0
- Other
- $39,836
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $264,036
- Bonus
- $24,617
- Other
- $2,376
- Deferred
- $16,484
- Nontaxable benefits
- $23,352
- Filer's total
- $330,865
-
Kenneth KramerKENNETH KRAMER
EXECUTIVE DIRECTOR - HIGHLAND FARMS
- Total calculated
- $250,438
- From this org
- $199,390
- From related orgs
- $0
- Other
- $51,048
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,684
- Bonus
- $18,187
- Other
- $519
- Deferred
- $27,696
- Nontaxable benefits
- $23,352
- Filer's total
- $250,438
-
Neal LailNEAL LAIL
VP OF SALES AND MARKETING
- Total calculated
- $143,263
- From this org
- $138,089
- From related orgs
- $0
- Other
- $5,174
- Hours/week
- 40
-
David KerestesDAVID KERESTES
CONTROLLER - ESTATES
- Total calculated
- $168,310
- From this org
- $136,151
- From related orgs
- $0
- Other
- $32,159
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,466
- Bonus
- $325
- Other
- $360
- Deferred
- $8,807
- Nontaxable benefits
- $23,352
- Filer's total
- $168,310
-
Leslie LangLESLIE LANG
SALES AND MARKETING - ESTATES
- Total calculated
- $164,969
- From this org
- $148,920
- From related orgs
- $0
- Other
- $16,049
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $66,137
- Bonus
- $82,366
- Other
- $417
- Deferred
- $8,969
- Nontaxable benefits
- $7,080
- Filer's total
- $164,969
-
Christian GrunderCHRISTIAN GRUNDER
VP OF HUMAN RESOURCES
- Total calculated
- $155,883
- From this org
- $124,351
- From related orgs
- $0
- Other
- $31,532
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $121,952
- Bonus
- $2,075
- Other
- $324
- Deferred
- $8,180
- Nontaxable benefits
- $23,352
- Filer's total
- $155,883
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
- 1a · Tax indemnification and gross-up payments
- 1a · Housing allowance or residence for personal use
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 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
The filer's explanations (Part III)
- PART I, LINE 1A
- OFFICERS RECEIVE A BONUS TO PAY FOR TAXES ASSOCIATED WITH THE 162 LIFE INSURANCE PLAN. THE MINISTER RECEIVES A HOUSING ALLOWANCE.
- PART I, LINE 4B
- KEN KRAMER RECEIVED $20,000 AND KEVIN SCHWAB RECEIVED $30,000 IN 457(F) PLANS.
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
-
$18,951
COMMUNITY IMPROVEMENT
-
COMMUNITY IMPROVEMENT
-
$11,892
COMMUNITY IMPROVEMENT
-
CHRISTIAN CHURCH OF HOPE
$11,470
COMMUNITY IMPROVEMENT
-
$10,000
COMMUNITY IMPROVEMENT
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.
-
GIVENS AFFORDABLE COMMUNITIES INC
501(C)(3) · TO ASSIST IN CERTAIN ACTIVITIES FOR GIVENS ESTATES · NC · controlled entity
Directly controlled by GIVENS ESTATES INC
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.
-
LIFEMINISTRIES OUTREACH LLC
EDUCATING LOW-INCOME SENIORS TO ACCESS NEEDED HEALTH AND AGING SERVICES · NC · income $350 · assets $85,740
Directly controlled by GIVENS ESTATES INC
-
GIVENS HIGHLAND FARMS LLC
SENIOR LIVING AND CARE · NC · income $17,129,394 · assets $106,719,298
Directly controlled by GIVENS ESTATES INC
-
GIVENS GERBER PARK II LLC
SENIOR LIVING AND CARE · NC · income $2,812,360 · assets $12,542,509
Directly controlled by GIVENS ESTATES INC
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
REAL ESTATE- RENTAL · NC · share of income -$19 · share of assets -$126
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349317281
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.