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Nonprofiteer
← THE MOORINGS INCORPORATED

Form 990 for tax year 2025

Filed by THE MOORINGS INCORPORATED.

Totals

Total revenue
$172,456,309
Total expenses
$152,868,348
Contributions and grants received
$1,850,522
Grants paid
$3,614,540
Program service revenue
$150,542,162
Investment income
$19,219,991
Other revenue
$843,634
Total assets, end of year
$1,298,319,485
Total liabilities, end of year
$1,184,795,332
Net assets or fund balances, end of year
$113,524,153
Program services expenses (Part IX)
$146,744,878
Management and general expenses
$6,123,470
Fundraising expenses
$0
Program service expenses (Part III)
$146,744,878

Program services were 96.0% 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.

  • 1d · Related organizations

    $1,745,610

  • 1f · All other contributions, gifts and grants

    $104,912

  • 2a · Program service revenue: RESIDENT SERVICE FEES

    total $81,186,213 · related or exempt $81,186,213

  • 2b · Program service revenue: EARNED ENTRANCE FEES

    total $42,324,821 · related or exempt $42,324,821

  • 2c · Program service revenue: HEALTH SERVICES REVENUE

    total $27,031,128 · related or exempt $27,031,128

  • 3 · Investment income

    total $11,604,889 · excluded $11,604,889

  • 6a · Gross rents

    real property $98,428

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $98,428

  • 6d · Net rental income or loss

    total $98,428 · excluded $98,428

  • 7a · Gross sales of assets other than inventory

    securities $556,505,255

  • 7b · Less cost or other basis and sales expenses

    securities $548,551,629 · other assets $338,524

  • 7c · Gain or loss

    securities $7,953,626 · other assets -$338,524

  • 7d · Net gain or loss

    total $7,615,102 · excluded $7,615,102

  • 11a · Other revenue: ANCILLARY SERVICES

    total $745,206 · related or exempt $745,206

  • 11e · Other revenue, total

    $745,206

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,614,540 · program services $3,614,540

  • 7 · Other salaries and wages

    total $27,299,970 · program services $27,299,970

  • 8 · Pension plan contributions

    total $1,049,884 · program services $1,049,884

  • 9 · Other employee benefits

    total $4,125,968 · program services $4,125,968

  • 10 · Payroll taxes

    total $1,982,077 · program services $1,982,077

  • 11b · Fees: legal

    total $22,781 · management and general $22,781

  • 11f · Fees: investment management

    total $1,007,382 · management and general $1,007,382

  • 11g · Fees: other

    total $18,188,911 · program services $18,011,007 · management and general $177,904

  • 12 · Advertising and promotion

    total $667,765 · program services $667,765

  • 13 · Office expenses

    total $65,767 · program services $65,767

  • 14 · Information technology

    total $1,085,440 · program services $1,085,440

  • 17 · Travel

    total $49,689 · program services $49,689

  • 19 · Conferences, conventions and meetings

    total $45,769 · program services $45,769

  • 20 · Interest

    total $7,542,358 · program services $7,542,358

  • 21 · Payments to affiliates

    total $11,976,594 · program services $11,976,594

  • 22 · Depreciation, depletion and amortization

    total $40,142,595 · program services $40,142,595

  • 23 · Insurance

    total $4,915,403 · management and general $4,915,403

  • 24a · Other expenses: FOOD SERVICES

    total $7,194,264 · program services $7,194,264

  • 24b · Other expenses: EQUIPMENT RENTAL & MAIN

    total $5,599,091 · program services $5,599,091

  • 24c · Other expenses: UTILITIES

    total $4,204,269 · program services $4,204,269

  • 24d · Other expenses: SUPPLIES

    total $3,771,377 · program services $3,771,377

  • 24e · All other expenses

    total $8,316,454 · program services $8,316,454

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $32,609,615 · end of year $26,728,797

  • 4 · Accounts receivable

    beginning of year $6,276,102 · end of year $5,623,578

  • 8 · Inventories for sale or use

    beginning of year $580,391 · end of year $622,528

  • 9 · Prepaid expenses and deferred charges

    beginning of year $769,422 · end of year $1,288,827

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

    $1,254,499,033

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

    $377,069,773

  • 10c · Land, buildings and equipment, net

    beginning of year $806,812,561 · end of year $877,429,260

  • 11 · Investments: publicly traded securities

    beginning of year $306,306,511 · end of year $384,217,152

  • 15 · Other assets

    beginning of year $2,896,792 · end of year $2,409,343

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,433,401 · end of year $18,627,994

  • 19 · Deferred revenue

    beginning of year $794,247,485 · end of year $851,729,841

  • 20 · Tax-exempt bond liabilities

    beginning of year $224,462,966 · end of year $218,502,734

  • 25 · Other liabilities

    beginning of year $45,417,479 · end of year $95,934,763

  • 27 · Net assets without donor restrictions

    beginning of year $73,193,065 · end of year $112,942,110

  • 28 · Net assets with donor restrictions

    beginning of year $496,998 · end of year $582,043

Mission and programs · 2025

Mission

TO PROVIDE SIMPLY THE BEST FACILITIES, SERVICES AND PROGRAMS FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE.

  • THE MOORINGS, INCORPORATED D/B/A MOORINGS PARK IS A LIFE CARE RETIREMENT COMMUNITY DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AGE OR OLDER. IT CONSISTS OF 696 INDEPENDENT LIVING RESIDENCES, 133 ASSISTED LIVING SUITES, AND A 106-BED SKILLED NURSING FACILITY.

    Expenses $146,744,878 · Grants $3,614,540 · Revenue $151,287,368

As filed on the 2025 return.

Listed in Part VII

  • DANIEL LAVENDER

    PRESIDENT/CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,080,137
    From this org
    $0
    From related orgs
    $1,045,142
    Other
    $34,995
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $593,573 related
    Bonus
    $0 + $67,470 related
    Other
    $0 + $384,099 related
    Deferred
    $0 + $21,000 related
    Nontaxable benefits
    $0 + $13,995 related
    Filer's total
    $0 + $1,080,137 related

  • MARY MORTON CPA

    CHIEF FINANCIAL OFFICER

    Total calculated
    $454,211
    From this org
    $0
    From related orgs
    $420,060
    Other
    $34,151
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $339,284 related
    Bonus
    $0 + $65,739 related
    Other
    $0 + $15,037 related
    Deferred
    $0 + $20,156 related
    Nontaxable benefits
    $0 + $13,995 related
    Filer's total
    $0 + $454,211 related

  • KATY KURILI

    CHIEF OPERATING OFFICER

    Total calculated
    $412,444
    From this org
    $0
    From related orgs
    $380,523
    Other
    $31,921
    Hours/week
    2 + 48 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,830 related
    Bonus
    $0 + $32,059 related
    Other
    $0 + $18,634 related
    Deferred
    $0 + $17,926 related
    Nontaxable benefits
    $0 + $13,995 related
    Filer's total
    $0 + $412,444 related

  • JESSICA SHORT

    EXECUTIVE DIRECTOR - MPOC

    Total calculated
    $326,875
    From this org
    $310,953
    From related orgs
    $0
    Other
    $15,922
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $289,288
    Bonus
    $20,975
    Other
    $690
    Deferred
    $15,719
    Nontaxable benefits
    $203
    Filer's total
    $326,875

  • CELESTE LYNCH

    EXECUTIVE DIRECTOR - MPGL

    Total calculated
    $263,225
    From this org
    $242,065
    From related orgs
    $0
    Other
    $21,160
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,022
    Bonus
    $16,314
    Other
    $10,729
    Deferred
    $13,025
    Nontaxable benefits
    $8,135
    Filer's total
    $263,225

  • RACHEL BRUHN

    DIRECTOR SALES

    Total calculated
    $211,826
    From this org
    $186,120
    From related orgs
    $0
    Other
    $25,706
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $91,220
    Bonus
    $94,280
    Other
    $620
    Deferred
    $6,041
    Nontaxable benefits
    $19,665
    Filer's total
    $211,826

  • KAYLA CRAWFORD

    EXECUTIVE DIRECTOR - MPGO

    Total calculated
    $211,234
    From this org
    $185,080
    From related orgs
    $0
    Other
    $26,154
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $173,102
    Bonus
    $11,738
    Other
    $240
    Deferred
    $10,739
    Nontaxable benefits
    $15,415
    Filer's total
    $211,234

  • GINA PARIS

    DIRECTOR - SALES & MARKETING

    Total calculated
    $193,689
    From this org
    $179,546
    From related orgs
    $0
    Other
    $14,143
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,698
    Bonus
    $60,630
    Other
    $1,218
    Deferred
    $6,049
    Nontaxable benefits
    $8,094
    Filer's total
    $193,689

  • LAURIE COWAN PHILLIPS

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • LAURA HOLQUIST THRU 63025

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • SCOTT POWDER AS OF 7125

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • JOSEPH ZACCAGNINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 8 related

  • JEFFREY FRIDKIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • MICHAEL HOLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • KAYDA JOHNSON

    DIRECTOR (THRU 6.30.25)

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • KAMELA PATTON

    DIRECTOR (THRU 6.30.25)

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • RUSSELL BUDD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • ANDREW SOLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • KATHLEEN GRIFFITH

    DIRECTOR (AS OF 7.1.25)

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • KAREN MOSTELLER

    DIRECTOR (AS OF 7.1.25)

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • WILLIAM STEINMETZ

    DIRECTOR (AS OF 7.1.25)

    Total calculated
    $0
    Hours/week
    2 + 4 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

  • 3 · Compensation committee
  • 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 4B
THE ORGANIZATION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN ESTABLISHED UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR ITS CHIEF EXECUTIVE OFFICER, TO WHICH THE ORGANIZATION MAKES CONTRIBUTIONS. DURING THE YEAR ENDED DECEMBER 31, 2025, THE ORGANIZATION CONTRIBUTED $100,000 TO THE PLAN.
PART I, LINE 3
THE ORGANIZATION MAINTAINS A WRITTEN COMPENSATION PHILOSOPHY FOR ALL EMPLOYEES, INCLUDING TOP MANAGEMENT OFFICIALS, THAT ADDRESSES ALL ELEMENTS OF COMPENSATION, INCLUDING MERIT BONUSES. THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE, WHICH IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION DECISIONS, IS CHARGED WITH MANAGING THE PROCESS AND REPORTING TO THE BOARD. THE CHAIR OF THE BOARD IS RESPONSIBLE FOR CONDUCTING THE ANNUAL PERFORMANCE REVIEW OF THE CEO AND THE CEO IS RESPONSIBLE FOR CONDUCTING THE ANNUAL PERFORMANCE REVIEWS OF ALL OTHER TOP MANAGEMENT OFFICIALS. A MERIT BONUS FOR CERTAIN MANAGEMENT MAY BE APPROVED BASED ON PERFORMANCE CRITERIA AND GOALS. THE COMPENSATION OF EACH OF THE TOP MANAGEMENT OFFICIALS IS REVIEWED BY THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE USING COMPARATIVE DATA. IN ADDITION, DURING 2025, THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE RECEIVED A REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT REGARDING EXECUTIVE COMPENSATION.
PART II, (B)(III):
INCLUDES VESTED AMOUNTS OF CONTRIBUTIONS PREVIOUSLY MADE TO A 457(B) PLAN.

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

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.

Provenance

Return type
form_990
Tax year
2025
Filed
23 July 2026
IRS schema version
2025v4.2
Source object
202602049349301285

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