Totals
- Total revenue
- $27,387,763
- Total expenses
- $25,950,592
- Contributions and grants received
- $2,257,087
- Grants paid
- $0
- Program service revenue
- $24,716,111
- Investment income
- $147,587
- Other revenue
- $266,978
- Total assets, end of year
- $37,520,305
- Total liabilities, end of year
- $52,614,013
- Net assets or fund balances, end of year
- -$15,093,708
- Program services expenses (Part IX)
- $22,207,202
- Management and general expenses
- $3,400,954
- Fundraising expenses
- $342,436
- Program service expenses (Part III)
- $22,207,202
Program services were 85.6% 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.
-
1c · Fundraising events
$167,449
-
1f · All other contributions, gifts and grants
$2,089,638
-
1g · Noncash contributions included above
$20,730
-
2a · Program service revenue: INDEPENDENT LIVING
total $9,066,378 · related or exempt $9,066,378
-
2b · Program service revenue: HEALTH SERVICES
total $8,252,459 · related or exempt $8,252,459
-
2c · Program service revenue: ADMISSION FEES
total $4,101,724 · related or exempt $4,101,724
-
2d · Program service revenue: ASSISTED LIVING
total $3,295,550 · related or exempt $3,295,550
-
3 · Investment income
total $79,711 · unrelated business $0 · excluded $79,711
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $703,109
-
7b · Less cost or other basis and sales expenses
securities $635,233
-
7c · Gain or loss
securities $67,876
-
7d · Net gain or loss
total $67,876 · excluded $67,876
-
8a · Fundraising events: gross income
$42,200
-
8a · Fundraising events: contributions included on line 1c
$167,449
-
8b · Fundraising events: direct expenses
$102,003
-
8c · Net income from fundraising events
total -$59,803 · excluded $122,119
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: CELLPHONE TOWER RENTAL
total $112,294 · excluded $112,294
-
11b · Other revenue: MISCELLANEOUS REVENUE
total $214,487 · related or exempt $214,487
-
11e · Other revenue, total
$326,781
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $484,406 · management and general $484,406
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $9,013,001 · program services $7,808,931 · management and general $961,393 · fundraising $242,677
-
8 · Pension plan contributions
total $36,352 · program services $32,858 · management and general $2,939 · fundraising $555
-
9 · Other employee benefits
total $873,923 · program services $789,918 · management and general $70,661 · fundraising $13,344
-
10 · Payroll taxes
total $778,140 · program services $643,696 · management and general $115,052 · fundraising $19,392
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $106,868 · management and general $106,868
-
11c · Fees: accounting
total $6,000 · management and general $6,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $27,450 · management and general $27,450
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $200,113 · management and general $200,113
-
13 · Office expenses
total $0
-
14 · Information technology
total $14,590 · program services $6,050 · management and general $8,540
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,202,250 · program services $1,202,250
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $651,033 · program services $634,311 · management and general $16,722
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $2,868,309 · program services $2,849,188 · management and general $19,121
-
23 · Insurance
total $692,051 · program services $39,086 · management and general $652,965
-
24a · Other expenses: CONTRACT SERVICES
total $5,657,015 · program services $5,260,070 · management and general $390,646 · fundraising $6,299
-
24b · Other expenses: SUPPLIES
total $1,371,213 · program services $1,240,625 · management and general $129,869 · fundraising $719
-
24c · Other expenses: REPAIRS AND MAINTAINENCE
total $927,225 · program services $855,372 · management and general $71,032 · fundraising $821
-
24d · Other expenses: PROVIDER TAX
total $325,065 · program services $325,065 · management and general $0 · fundraising $0
-
24e · All other expenses
total $715,588 · program services $519,782 · management and general $137,177 · fundraising $58,629
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,878,807 · end of year $5,853,483
-
2 · Savings and temporary cash investments
beginning of year $128,777 · end of year -$44,045
-
3 · Pledges and grants receivable
beginning of year $118,373 · end of year $117,200
-
4 · Accounts receivable
beginning of year $1,881,841 · end of year $1,058,089
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $47,524 · end of year $53,391
-
10a · Land, buildings and equipment: cost or other basis
$98,344,474
-
10b · Land, buildings and equipment: accumulated depreciation
$70,593,541
-
10c · Land, buildings and equipment, net
beginning of year $28,656,949 · end of year $27,750,933
-
11 · Investments: publicly traded securities
beginning of year $3,055,684 · end of year $2,477,292
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $53,000 · end of year $253,962
-
17 · Accounts payable and accrued expenses
beginning of year $2,036,394 · end of year $1,543,065
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $19,546,017 · end of year $14,819,848
-
20 · Tax-exempt bond liabilities
beginning of year $18,822,080 · end of year $18,860,322
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $1,100,749 · end of year $330,000
-
24 · Unsecured notes and loans payable
beginning of year $167,604 · end of year $93,729
-
25 · Other liabilities
beginning of year $15,490,429 · end of year $16,967,049
-
27 · Net assets without donor restrictions
beginning of year -$17,781,785 · end of year -$15,395,588
-
28 · Net assets with donor restrictions
beginning of year $439,467 · end of year $301,880
Mission and programs · 2022
Mission
THE FOUNDATION OPERATES A CONTINUING CARE RETIREMENT COMMUNITY. THE FOUNDATION PROVIDES THREE LEVELS OF HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF ELDERLY RETIRED CAREER MILITARY OFFICERS AND THEIR CLOSE
Activities or mission (Part I)
THE FOUNDATION OPERATES A CONTINUING CARE CONTINUING CARE RETIREMENT COMMUNITY FOR ELDERLY RETIRED MILITARY OFFICERS AND THEIR CLOSE RELATIVES.
-
PROVIDES INDEPENDENT LIVING FACILITIES WITH 160 UNITS FOR ELDERLY RETIRED MILITARY OFFICERS AND THEIR CLOSE RELATIVES.
Expenses $10,239,963 · Revenue $12,347,757
-
PROVIDES A MEDICARE AND MEDICAID CERTIFIED LONG TERM CARE CENTER WHICH WAS LICENSED FOR 49 BEDS THROUGHOUT 2022.
Expenses $8,339,501 · Revenue $8,252,459
-
PROVIDES 43 ASSISTED LIVING APARTMENTS FOR ELDERLY MILITARY OFFICERS AND CLOSE RELATIVES.
Expenses $3,627,738 · Revenue $4,115,895
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Timothy McHalleTIMOTHY MCHALLE
CEO
- Total calculated
- $246,129
- From this org
- $246,129
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $246,129
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $246,129
-
Paul BrickerPAUL BRICKER
ED - THRU 11/22
- Total calculated
- $207,749
- From this org
- $207,749
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,749
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $207,749
-
Remi AckermanREMI ACKERMAN
DOF/ED - AS OF 11/22
- Total calculated
- $183,168
- From this org
- $183,168
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $183,168
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $183,168
-
Donna EppsDONNA EPPS
ADMINISTRATOR
- Total calculated
- $178,903
- From this org
- $178,903
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,903
- Bonus
- $10,000
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $178,903
-
Carol Ann McCormickCAROL ANN MCCORMICK
DIRECTOR OF MARKETING
- Total calculated
- $174,473
- From this org
- $174,473
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,823
- Bonus
- $25,650
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $174,473
-
James MichelsJAMES MICHELS
DIRECTOR OF DEVELOPMENT
- Total calculated
- $150,339
- From this org
- $150,339
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,339
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $150,339
-
Arlette Kesseng A MbassaARLETTE KESSENG A MBASSA
DIRECTOR OF NURSING
- Total calculated
- $141,511
- From this org
- $141,511
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Emmanuela PauleEMMANUELA PAULE
CHARGE NURSE RN
- Total calculated
- $141,450
- From this org
- $141,450
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Lois CallahanLOIS CALLAHAN
KRA PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
John M KeaneJOHN M KEANE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.5
-
Kathleen L MartinKATHLEEN L MARTIN
VICE CHAIRMAN, TRUSTEESHIP
- Total calculated
- $0
- Hours/week
- 0.5
-
Hon Nelson M FordHON NELSON M FORD
VICE CHAIRMAN, FINANCE/TREASUR
- Total calculated
- $0
- Hours/week
- 0.5
-
Anthony C FunkhouserANTHONY C FUNKHOUSER
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly KuryeaKIMBERLY KURYEA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Leann MartinLEANN MARTIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Col Lucretia M McClenneyCOL LUCRETIA M MCCLENNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Frank C PandolfeFRANK C PANDOLFE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Edgar E Stanton IIIEDGAR E STANTON III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dr Catherine Leech TurleyDR CATHERINE LEECH TURLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
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 · 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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349328232
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.