Skip to content
Nonprofiteer
← BAPTIST RETIREMENT COMMUNITIES OF GEORGIA

Form 990 for tax year 2024

Filed by BAPTIST RETIREMENT COMMUNITIES OF GEORGIA.

Totals

Total revenue
$5,576,935
Total expenses
$6,642,357
Contributions and grants received
$111,080
Grants paid
$1,505
Program service revenue
$5,316,299
Investment income
$149,556
Other revenue
$0
Total assets, end of year
$35,397,801
Total liabilities, end of year
$5,222,418
Net assets or fund balances, end of year
$30,175,383
Program services expenses (Part IX)
$5,002,171
Management and general expenses
$1,576,897
Fundraising expenses
$63,289
Program service expenses (Part III)
$5,002,171

Program services were 75.3% 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

    $23,803

  • 1e · Government grants (contributions)

    $46,242

  • 1f · All other contributions, gifts and grants

    $41,035

  • 1g · Noncash contributions included above

    $374

  • 2a · Program service revenue: RESIDENT RENTS

    total $3,953,514 · related or exempt $3,953,514

  • 2b · Program service revenue: DINING REVENUE

    total $1,164,695 · related or exempt $1,164,695

  • 2c · Program service revenue: TECH FEES

    total $91,266 · related or exempt $91,266

  • 2d · Program service revenue: OTHER PROGRAM REVENUE

    total $63,356 · related or exempt $63,356

  • 2e · Program service revenue: RESIDENT FEES

    total $43,468 · related or exempt $43,468

  • 3 · Investment income

    total $275,405 · excluded $275,405

  • 7a · Gross sales of assets other than inventory

    other assets $259,862

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

    other assets $385,711

  • 7c · Gain or loss

    other assets -$125,849

  • 7d · Net gain or loss

    total -$125,849 · excluded -$125,849

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,505 · program services $1,505

  • 5 · Compensation of officers, directors and key employees

    total $435,408 · program services $162,990 · management and general $272,418

  • 7 · Other salaries and wages

    total $1,230,804 · program services $460,739 · management and general $770,065

  • 8 · Pension plan contributions

    total $47,827 · program services $17,904 · management and general $29,923

  • 9 · Other employee benefits

    total $94,106 · program services $35,228 · management and general $58,878

  • 10 · Payroll taxes

    total $90,657 · program services $33,937 · management and general $56,720

  • 11g · Fees: other

    total $110,560 · management and general $110,560

  • 12 · Advertising and promotion

    total $63,289 · fundraising $63,289

  • 13 · Office expenses

    total $74,261 · management and general $74,261

  • 14 · Information technology

    total $87,916 · management and general $87,916

  • 16 · Occupancy

    total $435,883 · program services $429,734 · management and general $6,149

  • 17 · Travel

    total $122,406 · program services $81,622 · management and general $40,784

  • 19 · Conferences, conventions and meetings

    total $37,233 · management and general $37,233

  • 20 · Interest

    total $415,588 · program services $415,588

  • 22 · Depreciation, depletion and amortization

    total $1,225,381 · program services $1,207,707 · management and general $17,674

  • 23 · Insurance

    total $159,525 · program services $145,220 · management and general $14,305

  • 24a · Other expenses: PROGRAM EXPENSE - FOOD

    total $1,355,357 · program services $1,355,357

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $654,651 · program services $654,640 · management and general $11

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,425 · end of year $161,171

  • 2 · Savings and temporary cash investments

    beginning of year $1,404,861 · end of year $1,411,286

  • 4 · Accounts receivable

    beginning of year $57,184 · end of year $121,355

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

    $40,004,392

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

    $12,341,196

  • 10c · Land, buildings and equipment, net

    beginning of year $28,317,848 · end of year $27,663,196

  • 11 · Investments: publicly traded securities

    beginning of year $24,914 · end of year $25,241

  • 12 · Investments: other securities

    beginning of year $4,756,511 · end of year $4,910,948

  • 15 · Other assets

    beginning of year $1,164,521 · end of year $1,104,604

  • 17 · Accounts payable and accrued expenses

    beginning of year $359,805 · end of year $413,375

  • 19 · Deferred revenue

    beginning of year $559,017 · end of year $457,672

  • 23 · Secured mortgages and notes payable

    beginning of year $3,308,282 · end of year $3,777,972

  • 25 · Other liabilities

    beginning of year $603,930 · end of year $573,399

  • 27 · Net assets without donor restrictions

    beginning of year $25,769,998 · end of year $24,712,829

  • 28 · Net assets with donor restrictions

    beginning of year $5,256,232 · end of year $5,462,554

Mission and programs · 2024

Mission

TO ENRICH THE LIVES OF ACTIVE AGING ADULTS BY EMPOWERING EACH INDIVIDUAL TO FLOURISH THROUGH A HOLISTIC APPROACH OF THE DIMENSIONS OF WELLNESS WITHIN A NURTURING CHRISTIAN ENVIRONMENT.

Activities or mission (Part I)

TO ENRICH THE LIVES OF ACTIVE AGING ADULTS BY EMPOWERING EACH INDIVIDUAL TO FLOURISH THROUGH A HOLISTIC APPROACH OF THE DIMENSIONS OF WELLNESS WITHIN A NURTURING, CHRISTIAN ENVIRONMENT. THE ORGANIZATION PROVIDES BELOW MARKET INDEPENDENT LIVING AT OUR TWO LOCATIONS: HIAWASSEE PARK IN THE MOUNTAINS OF NORTH GEORGIA; AND PALMETTO PARK IN PALMETTO, GEORGIA.

  • HOUSING: THE COMMUNITIES, DBA IGNITE LIVING, PROVIDES HOUSING SERVICES TO SENIOR ADULTS.

    Expenses $3,184,540 · Grants $1,505 · Revenue $3,996,982

  • RESIDENT SERVICES: THE COMMUNITIES, DBA IGNITE LIVING, PROVIDES DINING, MINISTRIES AND OTHER SERVICES TO SENIOR ADULTS.

    Expenses $1,817,631 · Revenue $1,319,317

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rev Stephen Awtrey

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Crystal Bice

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Mark Camp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Thomas Hammond Jr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Rev Darren Hughes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Charles Hunnicutt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Rev Tom Jones Sr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Jeff Kemper

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Rev Robert Louder

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Chip Thompson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Ann Watts

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Tim Wilson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0

  • Shannon Watson

    PRESIDENT/CEO

    Total calculated
    $249,565
    From this org
    $227,421
    From related orgs
    $0
    Other
    $22,144
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $227,421
    Bonus
    $0
    Other
    $0
    Deferred
    $9,903
    Nontaxable benefits
    $12,241
    Filer's total
    $249,565

  • Sharalene Roper

    COO

    Total calculated
    $229,491
    From this org
    $207,987
    From related orgs
    $0
    Other
    $21,504
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $207,987
    Bonus
    $0
    Other
    $0
    Deferred
    $9,636
    Nontaxable benefits
    $11,868
    Filer's total
    $229,491

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

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.

Provenance

Return type
form_990
Tax year
2024
Filed
8 August 2025
IRS schema version
2024v5.2
Source object
202512969349301006

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.