Form 990 for tax year 2024
Filed by BISHOP GADSDEN EPISCOPAL COMMUNITIES.
Totals
- Total revenue
- $6,000
- Total expenses
- $448,815
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $6,000
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $3,089,363
- Total liabilities, end of year
- $1,692,178
- Net assets or fund balances, end of year
- $1,397,185
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $448,815
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% 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.
-
2a · Program service revenue: MANAGEMENT FEES
total $6,000 · related or exempt $6,000
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $19,955 · management and general $19,955
-
11b · Fees: legal
total $104,919 · management and general $104,919
-
11g · Fees: other
total $316,884 · management and general $316,884
-
13 · Office expenses
total $334 · management and general $334
-
20 · Interest
total $6,723 · management and general $6,723
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
end of year $83,363
-
13 · Investments: program-related
end of year $3,000,000
-
15 · Other assets
beginning of year $0 · end of year $6,000
-
17 · Accounts payable and accrued expenses
end of year $6,723
-
24 · Unsecured notes and loans payable
end of year $1,660,000
-
25 · Other liabilities
beginning of year $0 · end of year $25,455
-
27 · Net assets without donor restrictions
end of year $1,397,185
Mission and programs · 2024
Mission
BISHOP GADSDEN EPISCOPAL COMMUNITIES WILL PROVIDE SUPPORT AND MANAGEMENT SERVICES TO ITS SUBSIDIARY(S) INCLUDING ADMINISTRATIVE, ACCOUNTING, HUMAN RESOURCES, INFORMATION TECHNOLOGY AND MARKETING SERVICES THROUGH A SHARED SERVICES AGREEMENT. THESE FUNCTIONS WILL BE PROVIDED BY BISHOP GADSDEN EPISCOPAL COMMUNITIES TO ITS SUPPORTED ORGANIZATION(S) IN LIEU OF THE SUPPORTED ORGANIZATION(S) PERFORMING THESE FUNCTIONS ON THEIR OWN.
Activities or mission (Part I)
PROVIDE SUPPORT AND MANAGEMENT SERVICES TO ITS SUBSIDIARIES IN FULFILLING THEIR MISSION.
-
BISHOP GADSDEN EPISCOPAL COMMUNITIES WAS FORMED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF BISHOP GADSDEN RETIREMENT COMMUNITY AND KIAWAH LIFE PLAN VILLAGE THAT PROVIDES HOUSING AND HEALTH CARE SERVICES TO SENIOR CITIZENS. THE ORGANIZATION, LIKE ITS SUPPORTED ORGANIZATION BISHOP GADSDEN RETIREMENT COMMUNITY (EIN 57-0337132), WILL DEDICATE ITSELF TO THE WELL-BEING OF THOSE PERSONS WHO, BECAUSE OF AGE, HEALTH AND/OR EXPRESS DESIRE, CHOOSE TO RESIDE IN A RETIREMENT COMMUNITY. BISHOP GADSDEN RETIREMENT COMMUNITY IS AN IRS SECTION 501(C)(3) ORGANIZATION WHICH OPERATES A CONTINUING CARE FACILITY AND REPORTS ITS PUBLIC CHARITY SUPPORT UNDER IRC SECTION 509(A)(2). THE ORGANIZATION IS DRIVEN BY ITS MISSION, TO EMBRACE GOD'S CALL TO MINISTRY. WE AFFIRM POSITIVE LIVING FOR ALL WHO LIVE AND WORK AT OUR COMMUNITIES. WE SERVICE WITH INTEGRITY. WE EXERCISE WISE STEWARDSHIP. WE REACH OUT WITH A GENEROUS SPIRIT.
Revenue $6,000
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Melinda Lucka Kelley EsqMELINDA LUCKA KELLEY ESQ
CHAIR
- Total calculated
- $0
- Hours/week
- 2.5
-
Brian HussainBRIAN HUSSAIN
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2.5 + 1.5 related
-
Dr Patrick J KellyDR PATRICK J KELLY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2.5 + 1.5 related
-
David Adams MDDAVID ADAMS MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Robert BaldwinROBERT BALDWIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Heyward Carter Jr EsqHEYWARD CARTER JR ESQ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Joanne M HillJOANNE M HILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5 + 1.5 related
-
Katherine RobinsonKATHERINE ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Rev Gregory SmithREV GREGORY SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Greg JonesGREG JONES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Rt Rev Ruth Woodliff-StanleyRT REV RUTH WOODLIFF-STANLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2.5
-
Sarah Eh TiptonSARAH EH TIPTON
CEO/PRESIDENT
- Total calculated
- $495,471
- From this org
- $0
- From related orgs
- $418,070
- Other
- $77,401
- Hours/week
- 5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $418,070 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $30,500 related
- Nontaxable benefits
- $0 + $46,901 related
- Filer's total
- $0 + $495,471 related
-
Lynne L KerrisonLYNNE L KERRISON
EVP/CFO
- Total calculated
- $437,440
- From this org
- $0
- From related orgs
- $383,641
- Other
- $53,799
- Hours/week
- 5 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $345,141 related
- Bonus
- $0 + $38,500 related
- Other
- $0
- Deferred
- $0 + $23,344 related
- Nontaxable benefits
- $0 + $30,455 related
- Filer's total
- $0 + $437,440 related
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
None.
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
The filer's explanations (Part III)
- PART I, LINE 3
- TO ENSURE COMPENSATION IS WITHIN FAIR MARKET VALUE FOR THE SENIOR LIVING INDUSTRY, THE BOARD OF TRUSTEES REVIEWS 990 DATA AND ASSOCIATION PUBLICATIONS. THE BOARD ALSO QUESTIONS LEADING CONSULTANTS IN OUR INDUSTRY AND PERFORMS SALARY REVIEWS. A FORMAL COMPENSATION STUDY WAS PERFORMED FOR TOP EXECUTIVES IN 2022, WITH BOARD APPROVAL FOR COMPENSATION THAT WENT INTO EFFECT ON JANUARY 1, 2023. ALL DISCUSSIONS REGARDING COMPENSATION ARE DOCUMENTED IN BOARD MINUTES. SARAH E.H. TIPTON IS THE CHIEF EXECUTIVE OFFICER/PRESIDENT OF BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY ("BGERC") AND IS COMPENSATED BY BGERC WHICH IS A RELATED ENTITY OF BISHOP GADSDEN EPISCOPAL COMMUNITIES. LYNNE L. KERRISON IS THE CHIEF FINANCIAL OFFICER/EVP OF BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY ("BGERC") AND IS COMPENSATED BY BGERC WHICH IS A RELATED ENTITY OF BISHOP GADSDEN EPISCOPAL COMMUNITIES. BGERC FILES ALL REQUIRED EMPLOYMENT TAX RETURNS UNDER ITS EIN 57-0337132.
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.
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BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY
501(C)(3) · SENIOR LIVING COMMUNITY · SC · controlled entity
Directly controlled by BISHOP GADSDEN EPISCOPAL COMMUNITIES
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501(C)(3) · SENIOR LIVING COMMUNITY · SC · controlled entity
Directly controlled by BISHOP GADSDEN EPISCOPAL COMMUNITIES
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202542889349302579
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