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Nonprofiteer
← GEER WOODS INC

Form 990 for tax year 2022

Filed by GEER WOODS INC.

Totals

Total revenue
$5,948,594
Total expenses
$7,068,833
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,893,205
Investment income
$28,449
Other revenue
$26,940
Total assets, end of year
$13,758,384
Total liabilities, end of year
$23,392,570
Net assets or fund balances, end of year
-$9,634,186
Program services expenses (Part IX)
$5,229,461
Management and general expenses
$1,839,372
Fundraising expenses
$0
Program service expenses (Part III)
$5,229,461

Program services were 74.0% 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: NET RESIDENT REVENUE

    total $5,819,243 · related or exempt $5,819,243

  • 2b · Program service revenue: OTHER RESIDENT REVENUE

    total $73,962 · related or exempt $73,962

  • 3 · Investment income

    total $28,449 · excluded $28,449

  • 6a · Gross rents

    real property $26,940

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $26,940

  • 6d · Net rental income or loss

    total $26,940 · excluded $26,940

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $2,693,548 · program services $2,490,572 · management and general $202,976

  • 8 · Pension plan contributions

    total $3,259 · program services $3,013 · management and general $246

  • 9 · Other employee benefits

    total $322,323 · program services $298,034 · management and general $24,289

  • 10 · Payroll taxes

    total $240,439 · program services $222,320 · management and general $18,119

  • 11a · Fees: management

    total $293,468 · program services $132,862 · management and general $160,606

  • 11c · Fees: accounting

    total $2,750 · management and general $2,750

  • 11g · Fees: other

    total $192,097 · program services $168,547 · management and general $23,550

  • 12 · Advertising and promotion

    total $92,815 · management and general $92,815

  • 13 · Office expenses

    total $84,330 · management and general $84,330

  • 16 · Occupancy

    total $402,615 · program services $297,935 · management and general $104,680

  • 17 · Travel

    total $328 · management and general $328

  • 19 · Conferences, conventions and meetings

    total $503 · management and general $503

  • 20 · Interest

    total $666,012 · management and general $666,012

  • 22 · Depreciation, depletion and amortization

    total $823,880 · program services $568,477 · management and general $255,403

  • 23 · Insurance

    total $98,859 · management and general $98,859

  • 24a · Other expenses: FOOD / DIETARY

    total $682,542 · program services $682,542

  • 24b · Other expenses: RESIDENT SERVICES

    total $299,726 · program services $299,726

  • 24c · Other expenses: SUPPLIES

    total $64,228 · program services $64,228

  • 24d · Other expenses: BAD DEBT EXPENSE

    total $60,000 · management and general $60,000

  • 24e · All other expenses

    total $45,111 · program services $1,205 · management and general $43,906

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,200,845 · end of year $959,080

  • 2 · Savings and temporary cash investments

    beginning of year $450,256 · end of year $200,631

  • 4 · Accounts receivable

    beginning of year $549,422 · end of year $141,963

  • 9 · Prepaid expenses and deferred charges

    beginning of year $102,477 · end of year $102,685

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

    $26,142,021

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

    $13,888,048

  • 10c · Land, buildings and equipment, net

    beginning of year $13,133,006 · end of year $12,253,973

  • 14 · Intangible assets

    beginning of year $103,147 · end of year $100,052

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,279,955 · end of year $1,905,530

  • 19 · Deferred revenue

    beginning of year $212,836 · end of year $101,008

  • 23 · Secured mortgages and notes payable

    beginning of year $19,248,010 · end of year $18,991,799

  • 25 · Other liabilities

    beginning of year $3,312,299 · end of year $2,394,233

  • 27 · Net assets without donor restrictions

    beginning of year -$8,513,947 · end of year -$9,634,186

Mission and programs · 2022

Mission

GEER IS A COMMUNITY OF HEALING PROFESSIONALS WHOSE PRINCIPAL MISSION IS TO CONSOLE, TREAT, STRENGTHEN, AND REFRESH THE BODIES, MINDS, AND SPIRITS OF THE ELDERLY AND DISABLED RESIDENTS OF THE TRI-STATE AREA.

Activities or mission (Part I)

OPERATION OF INDEPENDENT LIVING AND ASSISTED LIVING FACILITY AS PART OF GEER VILLAGE (SEE SCH. O)GEER VILLAGE SENIOR COMMUNITY IS A NONPROFIT ORGANIZATION THAT ENCOMPASSES 5 DIFFERENT 501(C)(3) ENTITIES. GEER WOODS, INC. IS PART OF GEER VILLAGE SENIOR COMMUNITY AND ITS MOST SIGNIFICANT ACTIVITY IS THE OPERATION OF AN ASSISTED LIVING FACILITY FOR INDIVIDUALS OVER THE AGE OF 55, INCORPORATING VARIOUS LEVELS OF CARE WHICH FULFILLS THE MISSION TO CONSOLE, TREAT, STRENGTHEN AND REFRESH THE BODIES, MINDS AND SPIRITS OF THE ELDERLY AND DISABLED.

  • GEER WOODS, INC. IS AN ASSISTED LIVING FACILITY TO INDIVIDUALS OVER THE AGE OF 55, INCORPORATING VARIOUS LEVELS OF CARE WHICH FULFILLS THE MISSION TO CONSOLE, TREAT, STRENGTHEN AND REFRESH THE BODIES, MINDS AND SPIRITS OF THE ELDERLY AND DISABLED. SERVICES HELP RESIDENTS MAINTAIN A LIFESTYLE THAT FOSTERS INDEPENDENCE, PRIVACY AND DIGNITY WHILE PROVIDING THE SUPPORTS NEEDED AT EVERY STAGE OF THEIR LIVES.

    Expenses $5,229,461 · Revenue $5,893,205

As filed on the 2022 return.

Listed in Part VII

  • James Sok

    TREASURER (UNTIL 1/2023)

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Lance Leifert

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Eileen Fox

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Edward Forfa

    DIRECTOR (UNTIL 3/2023)

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Dennis J Kobylarz MD

    MEDICAL DIRECTOR (UNTIL 6/2023)

    Total calculated
    $0
    Hours/week
    0.25 + 4.75 related

  • Karin Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Cyd Emmons

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Richard Solan

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Samuel Herrick

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Kevin O'Connell

    CEO

    Total calculated
    $242,638
    From this org
    $0
    From related orgs
    $218,854
    Other
    $23,784
    Hours/week
    18 + 22 related

    Schedule J breakdown matched by us

    Base
    $0 + $168,854 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $1,300 related
    Nontaxable benefits
    $0 + $22,484 related
    Filer's total
    $0 + $242,638 related

  • D Shaun Powell

    CFO

    Total calculated
    $185,420
    From this org
    $0
    From related orgs
    $182,195
    Other
    $3,225
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,195 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $1,500 related
    Nontaxable benefits
    $0 + $1,725 related
    Filer's total
    $0 + $185,420 related

  • Sherry Schoonmaker

    EXECUTIVE DIRECTOR (UNTIL 10/2022)

    Total calculated
    $117,429
    From this org
    $104,319
    From related orgs
    $0
    Other
    $13,110
    Hours/week
    40

  • Robin Annecharico

    DIRECTOR OF RESIDENT CARE

    Total calculated
    $129,299
    From this org
    $119,789
    From related orgs
    $0
    Other
    $9,510
    Hours/week
    40

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 · Form 990 of other organizations
  • 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
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202432289349303053

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