Totals
- Total revenue
- $107,342,579
- Total expenses
- $116,163,746
- Contributions and grants received
- $2,241,441
- Grants paid
- $236,466
- Program service revenue
- $100,643,536
- Investment income
- $4,077,175
- Other revenue
- $380,427
- Total assets, end of year
- $317,404,423
- Total liabilities, end of year
- $555,994,734
- Net assets or fund balances, end of year
- -$238,590,311
- Program services expenses (Part IX)
- $100,021,988
- Management and general expenses
- $15,833,341
- Fundraising expenses
- $308,417
- Program service expenses (Part III)
- $100,021,988
Program services were 86.1% 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
$166,521
-
1d · Related organizations
$300,000
-
1e · Government grants (contributions)
$225,278
-
1f · All other contributions, gifts and grants
$1,549,642
-
1g · Noncash contributions included above
$22,186
-
2a · Program service revenue: RESIDENT FEES
total $90,521,706 · related or exempt $90,521,706
-
2b · Program service revenue: ANCILLARY FEES
total $9,339,131 · related or exempt $9,339,131
-
2c · Program service revenue: RESIDENT DEPOSITS
total $779,099 · related or exempt $779,099
-
2d · Program service revenue: PROCESSING FEES
total $3,600 · related or exempt $3,600
-
3 · Investment income
total $2,378,665 · excluded $2,378,665
-
6a · Gross rents
real property $383,471
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $383,471
-
6d · Net rental income or loss
total $383,471 · excluded $383,471
-
7a · Gross sales of assets other than inventory
securities $16,071,346 · other assets $1,207,547
-
7b · Less cost or other basis and sales expenses
securities $15,580,383 · other assets $0
-
7c · Gain or loss
securities $490,963 · other assets $1,207,547
-
7d · Net gain or loss
total $1,698,510 · excluded $1,698,510
-
8a · Fundraising events: gross income
$19,254
-
8a · Fundraising events: contributions included on line 1c
$166,521
-
8b · Fundraising events: direct expenses
$23,417
-
8c · Net income from fundraising events
total -$4,163 · excluded -$4,163
-
11a · Other revenue: PANDEMIC RELATED RESID
total $1,119 · excluded $1,119
-
11e · Other revenue, total
$1,119
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $33,250 · program services $33,250
-
2 · Grants to domestic individuals
total $203,216 · program services $203,216
-
5 · Compensation of officers, directors and key employees
total $588,961 · management and general $588,961
-
7 · Other salaries and wages
total $39,893,306 · program services $34,374,565 · management and general $5,290,307 · fundraising $228,434
-
8 · Pension plan contributions
total $755,482 · program services $616,354 · management and general $133,643 · fundraising $5,485
-
9 · Other employee benefits
total $6,338,866 · program services $5,261,342 · management and general $1,053,393 · fundraising $24,131
-
10 · Payroll taxes
total $3,072,759 · program services $2,636,082 · management and general $419,706 · fundraising $16,971
-
11a · Fees: management
total $3,994,216 · program services $3,994,216
-
11b · Fees: legal
total $162,022 · management and general $162,022
-
11c · Fees: accounting
total $142,318 · program services $9,553 · management and general $132,765
-
11f · Fees: investment management
total $286,264 · management and general $286,264
-
11g · Fees: other
total $10,660,954 · program services $3,866,706 · management and general $6,794,248
-
12 · Advertising and promotion
total $2,937,413 · program services $2,937,413
-
13 · Office expenses
total $9,227,489 · program services $8,640,276 · management and general $567,209 · fundraising $20,004
-
16 · Occupancy
total $4,475,704 · program services $4,473,732 · management and general $1,972
-
17 · Travel
total $236,001 · program services $99,127 · management and general $135,254 · fundraising $1,620
-
20 · Interest
total $5,999,649 · program services $5,999,649
-
22 · Depreciation, depletion and amortization
total $22,396,552 · program services $22,396,552
-
23 · Insurance
total $1,667,765 · program services $1,667,765
-
24a · Other expenses: EQUIPMENT RENTAL
total $1,652,296 · program services $1,601,650 · management and general $50,150 · fundraising $496
-
24b · Other expenses: CHARITY CARE
total $939,327 · program services $939,327
-
24c · Other expenses: RESIDENT RELATIONS
total $499,936 · program services $271,213 · management and general $217,447 · fundraising $11,276
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,338 · end of year $2,438
-
2 · Savings and temporary cash investments
beginning of year $31,270,118 · end of year $29,017,140
-
4 · Accounts receivable
beginning of year $3,277,359 · end of year $4,252,199
-
7 · Other notes and loans receivable
beginning of year $5,095,150 · end of year $5,760,000
-
8 · Inventories for sale or use
beginning of year $189,052 · end of year $170,451
-
9 · Prepaid expenses and deferred charges
beginning of year $1,940,036 · end of year $1,531,547
-
10a · Land, buildings and equipment: cost or other basis
$462,476,123
-
10b · Land, buildings and equipment: accumulated depreciation
$290,100,091
-
10c · Land, buildings and equipment, net
beginning of year $175,195,895 · end of year $172,376,032
-
11 · Investments: publicly traded securities
beginning of year $71,822,379 · end of year $90,224,190
-
12 · Investments: other securities
beginning of year $9,729,460 · end of year $10,323,636
-
15 · Other assets
beginning of year $3,512,570 · end of year $3,746,790
-
17 · Accounts payable and accrued expenses
beginning of year $10,192,254 · end of year $12,987,564
-
20 · Tax-exempt bond liabilities
beginning of year $136,524,077 · end of year $132,712,478
-
21 · Escrow or custodial account liability
beginning of year $1,852,790 · end of year $2,146,905
-
25 · Other liabilities
beginning of year $392,738,067 · end of year $408,147,787
-
27 · Net assets without donor restrictions
beginning of year -$240,865,049 · end of year -$240,762,874
-
28 · Net assets with donor restrictions
beginning of year $1,592,218 · end of year $2,172,563
Mission and programs · 2023
Mission
THE BOARD OF DIRECTORS OF CHARLESTOWN COMMUNITY, INC. IS COMMITTED TO CREATING A COMMUNITIY THAT CELEBRATES LIFE. SEE SCHEDULE O FOR THE COMPLETE MISSION STATEMENT.
Activities or mission (Part I)
PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS. SEE SCHEDULE O.
-
CHARLESTOWN COMMUNITY, INC PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,380 INDEPENDENT LIVING UNITS, 156 ASSISTED LIVING UNITS, 103 SKILLED NURSING BEDS AND 52 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.
Expenses $100,021,988 · Grants $236,466 · Revenue $100,643,536
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Richard A Grove JrRICHARD A GROVE JR
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Dr Heidi AbdelhadyDR HEIDI ABDELHADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 3 + 1 related
-
Richard M Barnes EsqRICHARD M BARNES ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Father Phillip J Brown PssFATHER PHILLIP J BROWN PSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev David S Cooney PhDREV DAVID S COONEY PHD
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 3
-
Katie EckertKATIE ECKERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charles S GambleCHARLES S GAMBLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Patricia KasudaPATRICIA KASUDA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell G Lomax MBAMITCHELL G LOMAX MBA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
James M MauserJAMES M MAUSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christopher M McNally EsqCHRISTOPHER M MCNALLY ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura OstroffLAURA OSTROFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
P Luther PetryP LUTHER PETRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joanne E Pollak EsqJOANNE E POLLAK ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Stephen SchimpffDR STEPHEN SCHIMPFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael J Stafford JrMICHAEL J STAFFORD JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chandra KumarCHANDRA KUMAR
EXECUTIVE DIRECTOR (THRU 1/20/23)
- Total calculated
- $120,850
- From this org
- $110,580
- From related orgs
- $0
- Other
- $10,270
- Hours/week
- 40
-
Don GroveDON GROVE
EXECUTIVE DIRECTOR (BEG 3/6/23)
- Total calculated
- $294,129
- From this org
- $272,959
- From related orgs
- $0
- Other
- $21,170
- Hours/week
- 40 + 3 related
Schedule J breakdown matched by us
- Base
- $182,950
- Bonus
- $88,750
- Other
- $1,259
- Deferred
- $7,422
- Nontaxable benefits
- $13,748
- Filer's total
- $294,129
-
Gladstone JamesGLADSTONE JAMES
DIRECTOR, FINANCE/TREASURER
- Total calculated
- $173,982
- From this org
- $146,422
- From related orgs
- $0
- Other
- $27,560
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $127,786
- Bonus
- $18,000
- Other
- $636
- Deferred
- $4,402
- Nontaxable benefits
- $23,158
- Filer's total
- $173,982
-
George NahGEORGE NAH
REGISTERED NURSE
- Total calculated
- $159,067
- From this org
- $144,806
- From related orgs
- $0
- Other
- $14,261
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $138,367
- Bonus
- $6,104
- Other
- $335
- Deferred
- $3,769
- Nontaxable benefits
- $10,492
- Filer's total
- $159,067
-
Victor OkenkpaVICTOR OKENKPA
REGISTERED NURSE
- Total calculated
- $208,602
- From this org
- $190,693
- From related orgs
- $0
- Other
- $17,909
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $181,792
- Bonus
- $8,100
- Other
- $801
- Deferred
- $5,202
- Nontaxable benefits
- $12,707
- Filer's total
- $208,602
-
Tamara HolnessTAMARA HOLNESS
LICENSED PRACTICAL NURSE
- Total calculated
- $179,262
- From this org
- $174,275
- From related orgs
- $0
- Other
- $4,987
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $172,736
- Bonus
- $1,300
- Other
- $239
- Deferred
- $4,733
- Nontaxable benefits
- $254
- Filer's total
- $179,262
-
Cordelia BamaCORDELIA BAMA
LICENSED PRACTICAL NURSE
- Total calculated
- $170,070
- From this org
- $155,599
- From related orgs
- $0
- Other
- $14,471
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $148,077
- Bonus
- $7,150
- Other
- $372
- Deferred
- $4,200
- Nontaxable benefits
- $10,271
- Filer's total
- $170,070
-
Molly FrickerMOLLY FRICKER
SALES COUNSELOR
- Total calculated
- $143,965
- From this org
- $139,690
- From related orgs
- $0
- Other
- $4,275
- 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 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE EMPLOYEES LISTED ON FORM 990, PART VII, SECTION A, LINE 1A RECEIVED A DISCRETIONARY BONUS DURING THE YEAR.
- SCHEDULE J, PART II:
- DON GROVE AND GLADSTONE JAMES ARE LISTED IN SCHEDLE J, PART II AND ARE EMPLOYEES OF ERICKSON SENIOR LIVING, LLC ("ESL"), AN UNRELATED ORGANIZATION TO CHARLESTOWN COMMUNITY, INC., IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT BETWEEN CHARLESTOWN COMMUNITY, INC. AND ESL. SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 3. THEREFORE, FOR IRS MATCHING PURPOSES, ESL IS THE ISSUER OF THE FORM W-2. UNDER THE MANAGEMENT AGREEMENT, CHARLESTOWN COMMUNITY, INC. REIMBURSES ESL FOR THE COST OF SERVICES PERFORMED FOR CHARLESTOWN COMMUNITY, INC.
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
-
PROGRAM SERVICE
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.
-
CHARLESTOWN BENEVOLENT CARE FOUNDATION INC
501(C)(3) · SUPPORTING ORGANIZATION · MD · controlled entity
Directly controlled by CHARLESTOWN COMMUNITY INC
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
ST CHARLES ASSOCIATES LTD
BENEFICIAL LANDOWNER · MD · income $0 · assets $0
Directly controlled by CHARLESTOWN COMMUNITY INC
-
CHARLESTOWN COMMUNITY REAL ESTATE LLC
DISREGARDED ENTITY · MD · income $0 · assets $0
Directly controlled by CHARLESTOWN COMMUNITY INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 24 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442999349300414
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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