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Nonprofiteer
← SHIRES MEMORIAL CENTER

Form 990 for tax year 2023

Filed by SHIRES MEMORIAL CENTER.

Totals

Total revenue
$1,624,170
Total expenses
$2,031,264
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,581,310
Investment income
$13,257
Other revenue
$29,603
Total assets, end of year
$14,857,495
Total liabilities, end of year
$950,241
Net assets or fund balances, end of year
$13,907,254
Program services expenses (Part IX)
$1,817,684
Management and general expenses
$213,580
Fundraising expenses
$0
Program service expenses (Part III)
$1,817,684

Program services were 89.5% 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.

  • 2a · Program service revenue: RENTAL INCOME

    total $1,170,788 · related or exempt $1,170,788

  • 2b · Program service revenue: HUD ASSISTANCE INCOME

    total $410,522 · related or exempt $410,522

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $13,257 · excluded $13,257

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 11a · Other revenue: LAUNDRY/VENDING

    total $6,772 · related or exempt $6,772

  • 11b · Other revenue: OTHER INCOME

    total $22,831 · related or exempt $22,831

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $29,603

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $175,666 · program services $139,826 · management and general $35,840

  • 8 · Pension plan contributions

    total $10,416 · program services $8,291 · management and general $2,125

  • 9 · Other employee benefits

    total $62,632 · program services $49,854 · management and general $12,778

  • 10 · Payroll taxes

    total $15,027 · program services $11,961 · management and general $3,066

  • 11a · Fees: management

    total $87,564 · management and general $87,564

  • 11b · Fees: legal

    total $2,204 · management and general $2,204

  • 11c · Fees: accounting

    total $40,564 · management and general $40,564

  • 11g · Fees: other

    total $237,248 · program services $237,248 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $8,121 · program services $6,464 · management and general $1,657

  • 13 · Office expenses

    total $40,481 · program services $32,222 · management and general $8,259

  • 14 · Information technology

    total $12,308 · program services $9,797 · management and general $2,511

  • 16 · Occupancy

    total $373,653 · program services $373,653

  • 22 · Depreciation, depletion and amortization

    total $723,608 · program services $723,608

  • 23 · Insurance

    total $42,495 · program services $33,825 · management and general $8,670

  • 24a · Other expenses: Resident Services

    total $87,668 · program services $87,668

  • 24b · Other expenses: Equipment Rental & Maintenance

    total $70,721 · program services $70,721

  • 24c · Other expenses: Other Taxes & Licenses

    total $28,018 · program services $22,302 · management and general $5,716

  • 24d · Other expenses: Bad Debts

    total $7,431 · program services $5,915 · management and general $1,516

  • 24e · All other expenses

    total $5,439 · program services $4,329 · management and general $1,110 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $702,599 · end of year $1,488,856

  • 2 · Savings and temporary cash investments

    beginning of year $116,509 · end of year $650,854

  • 4 · Accounts receivable

    beginning of year $19,557 · end of year $12,441

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $21,573 · end of year $21,667

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

    $14,814,507

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

    $2,130,830

  • 10c · Land, buildings and equipment, net

    beginning of year $13,220,950 · end of year $12,683,677

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $630,410 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $102,163 · end of year $149,758

  • 21 · Escrow or custodial account liability

    beginning of year $116,509 · end of year $110,514

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $178,578 · end of year $689,969

  • 27 · Net assets without donor restrictions

    beginning of year $14,314,348 · end of year $13,907,254

Mission and programs · 2023

Mission

ORGANIZED TO PROVIDE APARTMENT HOUSING FOR SENIORS AGE 62 AND OVER IN A 99 UNIT SINGLE BUILDING. THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE LOW INCOME SENIORS WITH AFFORDABLE RENTAL HOUSING AND RELATED FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

Activities or mission (Part I)

ORGANIZED TO PROVIDE APARTMENT HOUSING FOR SENIORS AGE 62 AND OVER IN A 99 UNIT SINGLE BUILDING.

  • SHIRES MEMORIAL CENTER WAS ORGANIZED TO PROVIDE APARTMENT HOUSING FOR SENIORS AGE 62 AND OVER IN A 99 UNIT SINGLE BUILDING. THE PRIMARY PURPOSE OF THE CORPORATION IS TO PROVIDE LOW INCOME SENIORS WITH AFFORDABLE RENTAL HOUSING AND RELATED FACILITIES AND SERVICE SPECIALLY DESIGNED TO MEET THEIR NEEDS. A TOTAL OF 104 PEOPLE WERE SERVED DURING THE YEAR.

    Expenses $1,817,684 · Revenue $1,610,913

As filed on the 2023 return.

Listed in Part VII

  • Ken Donnelly

    Chairman

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Marion McGovern

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Carlos Jimenez

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Kevin Koeker

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Margol Kennison

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • William Peters

    Director

    Total calculated
    $0
    Hours/week
    1 + 7 related

  • Eduardo Salvador

    CFO

    Total calculated
    $685,694
    From this org
    $0
    From related orgs
    $673,130
    Other
    $12,564
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $402,786 related
    Bonus
    $0 + $250,287 related
    Other
    $0 + $20,057 related
    Deferred
    $0 + $10,650 related
    Nontaxable benefits
    $0 + $1,914 related
    Filer's total
    $0 + $685,694 related

  • Rachel Vranich

    Chief Legal Officer / Secretary

    Total calculated
    $502,184
    From this org
    $0
    From related orgs
    $467,584
    Other
    $34,600
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $350,390 related
    Bonus
    $0 + $100,072 related
    Other
    $0 + $17,122 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $24,700 related
    Filer's total
    $0 + $502,184 related

  • Sean Kelly

    CEO

    Total calculated
    $666,681
    From this org
    $0
    From related orgs
    $618,975
    Other
    $47,706
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $614,269 related
    Bonus
    $0 + $75 related
    Other
    $0 + $4,631 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $47,706 related
    Filer's total
    $0 + $666,681 related

  • Gevork Akopyan

    Chief Human Resources Officer

    Total calculated
    $281,222
    From this org
    $0
    From related orgs
    $275,603
    Other
    $5,619
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $272,317 related
    Bonus
    $0 + $72 related
    Other
    $0 + $3,214 related
    Deferred
    $0 + $1,622 related
    Nontaxable benefits
    $0 + $3,997 related
    Filer's total
    $0 + $281,222 related

  • Joseph Miller

    Director of Finance-Caring Housing Ministries

    Total calculated
    $153,333
    From this org
    $0
    From related orgs
    $138,541
    Other
    $14,792
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $137,383 related
    Bonus
    $0 + $80 related
    Other
    $0 + $1,078 related
    Deferred
    $0 + $4,182 related
    Nontaxable benefits
    $0 + $10,610 related
    Filer's total
    $0 + $153,333 related

  • Soraya Diaz

    President-Caring Housing Ministries

    Total calculated
    $341,374
    From this org
    $0
    From related orgs
    $308,708
    Other
    $32,666
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $260,194 related
    Bonus
    $0 + $20,936 related
    Other
    $0 + $27,578 related
    Deferred
    $0 + $8,699 related
    Nontaxable benefits
    $0 + $23,967 related
    Filer's total
    $0 + $341,374 related

  • Vanessa Lombardo

    Director of Operations-Caring Housing Ministries

    Total calculated
    $158,047
    From this org
    $0
    From related orgs
    $134,748
    Other
    $23,299
    Hours/week
    0.1 + 39.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $132,449 related
    Bonus
    $0 + $1,280 related
    Other
    $0 + $1,019 related
    Deferred
    $0 + $4,216 related
    Nontaxable benefits
    $0 + $19,083 related
    Filer's total
    $0 + $158,047 related

  • John Woodward

    Former CEO

    Total calculated
    $645,258
    From this org
    $0
    From related orgs
    $634,857
    Other
    $10,401
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0 + $221,967 related
    Bonus
    $0 + $398,242 related
    Other
    $0 + $14,648 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $501 related
    Filer's total
    $0 + $645,258 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

  • 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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
ALL OF THE EMPLOYEES LISTED ON FORM 990 PART VII SECTION A--OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES--ARE EMPLOYED AND COMPENSATED BY FRONT PORCH COMMUNITIES AND SERVICES. THE ORGANIZATION RELIED ON FRONT PORCH COMMUNITIES AND SERVICES. USING 3 METHODS DESCRIBED ON PART I, LINE 3 TO ESTABLISH OFFICER'S COMPENSATION. THE METHODS USED ARE: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FRONT PORCH COMMUNITIES AND SERVICES REPORTS 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THE RELATED ORGANIZATIONS). THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO CARING HOUSING MINISTRIES.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE FOLLOWING INDIVIDUALS PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN 457(F): AMOUNTS INCLUDED IN W-2 SORAYA DIAZ: $12,107 JOHN WOODWARD: $8,110 RACHEL VRANICH: $16,282 EDUARDO SALVADOR $18,125 Gevork AKOPYAN: $1,485 AMOUNTS IN DEFERRED SORAYA DIAZ: NONE JOHN WOODWARD: NONE RACHEL VRANICH: NONE EDUARDO SALVADOR: NONE Gevork AKOPYAN: NONE

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.

  • FRONT PORCH COMMUNITIES AND SERVICES

    501(c)(3) · AFFORDABLE SENIOR HOUSING · CA

    Directly controlled by NA

  • FRONT PORCH COMMUNITIES FOUNDATION

    501(c)(3) · PROVIDE FINANCIAL SUPPORT TO RESIDENTS IN RETIREMENT COMMUNITIES · CA · controlled entity

    Directly controlled by FRONT PORCH COMMUNITIES AND SERVICES

  • CARING HOUSING MINISTRIES

    501(c)(3) · MANAGEMENT OF AFFORDABLE SENIOR HOUSING · CA · controlled entity

    Directly controlled by FRONT PORCH COMMUNITIES AND SERVICES

  • SUNNY VIEW LUTHERAN HOME

    501(c)(3) · AFFORDABLE SENIOR HOUSING · CA · controlled entity

    Directly controlled by FRONT PORCH COMMUNITIES AND SERVICES

  • COVIA AFFORDABLE COMMUNITIES

    501(c)(3) · PROVIDE DIRECTION, SUPPORT SERVICES & ACTIVITIES FOR SUPPORTED ORGANIZATIONS · CA · controlled entity

    Directly controlled by FRONT PORCH COMMUNITIES AND SERVICES

  • JENNINGS SENIOR HOUSING INC

    501(c)(3) · PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • COMMUNITY HOUSING INC

    501(c)(3) · AFFORDABLE SENIOR HOUSING · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • PRESIDIO GATE APARTMENTS

    501(c)(3) · PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • BETHANY CENTER SENIOR HOUSING INC

    501(c)(3) · PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • LYTTON IV HOUSING CORPORATION

    501(c)(3) · PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • LYTTON GARDENS INC

    501(c)(3) · DORMANT · CA · controlled entity

    Directly controlled by FRONT PORCH COMMUNITIES AND SERVICES

  • Oak Center Towers

    501(c)(3) · AFFORDABLE SENIOR HOUSING · CA · controlled entity

    Directly controlled by CARING HOUSING MINISTRIES

  • FRONT PORCH ENTERPRISES

    501(c)(3) · SUPPORT SERVICES · CA

    Directly controlled by NA

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • OAK CENTERS LP

    N/A · PROVIDE AFFORABLE HOUSING TO ELDERLY · CA

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2023
Filed
18 February 2025
IRS schema version
2023v6.0
Source object
202520499349300432

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