Form 990-EZ for tax year 2024
Filed by Somerset Senior Living at Seven Springs.
Totals
- Total revenue
- $17,473
- Total expenses
- $822,859
- Contributions and grants received
- not reported
- Grants paid
- $598,478
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- $17,473
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $0
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- $0
- Program service expenses (Part III)
- $598,478
Program services were 72.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2024
Primary exempt purpose
The Organization provides affordable skilled nursing and rehabilitation care to ill, infirm, medically disabled and elderly individuals in a non-traditional long-term care environment utilizing the "culture change or person centered" care model.
-
THE ORGANIZATION ACTED IN CONCERT WITH COMMUNITY COMPASSION CENTERS OF ARKANSAS (CCCA) TO FORM A NETWORK OF NURSING FACILITIES THAT SERVED AS LOCATIONS FOR PROMOTING, DEVELOPING AND ADMINISTERING CULTURE CHANGE, PERSON-CENTERED, LONG-TERM CARE FOR ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS. THE CULTURE CHANGE MODEL OF CARE WAS DESIGNED TO EMPOWER ELDERS AND STAFF TO PARTICIPANT IN THE ESTABLISHMENT OF PATHWAYS THAT RESULT IN A HIGH DEGREE OF CHOICE, AUTONOMY, DIGNITY AND SELF-DETERMINATIONS FOR THE ELDERS SERVED. During 2025, program expenses consisted of contributions to domestic organizations that further the organizations program goals.
Expenses $598,478 · Grants $598,478
As filed on the 2024 return.
Listed in Part IV
-
David Black
President
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 2
-
Kriston Euton
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 1
-
Dr James Ivy
Director
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 1
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Assets distributed on this return
Schedule N, as filed: what the organization did with its assets when it liquidated or dissolved, or disposed of more than a quarter of them, and who received them. A recipient with an EIN is usually a successor organization; filers also list expenses such as legal fees here.
-
$595,478
Liquidation · Cash · Sep 30, 2025 · 501(c)(3)
Provenance
- Return type
- form_990_ez
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523189349203932
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