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Nonprofiteer
← CLARK RETIREMENT COMMUNITY INC

Form 990 for tax year 2022

Filed by CLARK RETIREMENT COMMUNITY INC.

Totals

Total revenue
$24,769,741
Total expenses
$33,029,875
Contributions and grants received
$2,037,477
Grants paid
$0
Program service revenue
$21,219,350
Investment income
$60,166
Other revenue
$1,452,748
Total assets, end of year
$96,787,228
Total liabilities, end of year
$92,260,240
Net assets or fund balances, end of year
$4,526,988
Program services expenses (Part IX)
$28,097,017
Management and general expenses
$4,932,858
Fundraising expenses
$0
Program service expenses (Part III)
$28,097,017

Program services were 85.1% 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.

  • 1d · Related organizations

    $325,524

  • 1e · Government grants (contributions)

    $1,711,953

  • 2a · Program service revenue: RESIDENT SERVICES

    total $21,201,246 · related or exempt $21,201,246

  • 2b · Program service revenue: RELATED PARTY RENT

    total $14,457 · related or exempt $14,457

  • 2c · Program service revenue: ANCILLARY SERVICES

    total $3,647 · related or exempt $3,647

  • 3 · Investment income

    total $60,166 · excluded $60,166

  • 6a · Gross rents

    real property $40,214

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $40,214

  • 6d · Net rental income or loss

    total $40,214 · excluded $40,214

  • 11a · Other revenue: PROPERTY TAX REVENUE

    total $365,504 · excluded $365,504

  • 11b · Other revenue: HOUSEKEEPING/MAINTENANCE

    total $258,020 · excluded $258,020

  • 11c · Other revenue: BARBER SHOP REVENUE

    total $59,173 · excluded $59,173

  • 11d · All other revenue

    total $729,837 · excluded $729,837

  • 11e · Other revenue, total

    $1,412,534

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $164,219 · management and general $164,219

  • 7 · Other salaries and wages

    total $8,257,173 · program services $7,677,277 · management and general $579,896

  • 8 · Pension plan contributions

    total $116,582 · management and general $116,582

  • 9 · Other employee benefits

    total $1,372,347 · program services $878,502 · management and general $493,845

  • 10 · Payroll taxes

    total $958,395 · program services $929,761 · management and general $28,634

  • 11b · Fees: legal

    total $271,039 · management and general $271,039

  • 11f · Fees: investment management

    total $33,835 · management and general $33,835

  • 11g · Fees: other

    total $8,905,157 · program services $7,707,550 · management and general $1,197,607

  • 12 · Advertising and promotion

    total $479,660 · program services $457,466 · management and general $22,194

  • 13 · Office expenses

    total $493,469 · program services $399 · management and general $493,070

  • 16 · Occupancy

    total $1,081,458 · program services $1,081,458

  • 17 · Travel

    total $15,486 · program services $10,557 · management and general $4,929

  • 19 · Conferences, conventions and meetings

    total $8,408 · program services $2,753 · management and general $5,655

  • 20 · Interest

    total $3,907,915 · program services $3,907,915

  • 22 · Depreciation, depletion and amortization

    total $3,980,750 · program services $3,980,750

  • 23 · Insurance

    total $519,543 · management and general $519,543

  • 24a · Other expenses: BAD DEBTS

    total $610,972 · program services $610,972

  • 24b · Other expenses: PROPERTY TAXES

    total $555,932 · management and general $555,932

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $539,823 · program services $363,853 · management and general $175,970

  • 24d · Other expenses: SUPPLIES

    total $413,804 · program services $377,931 · management and general $35,873

  • 24e · All other expenses

    total $343,908 · program services $109,873 · management and general $234,035

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,668,815 · end of year $1,094,795

  • 2 · Savings and temporary cash investments

    beginning of year $13,917 · end of year $13,918

  • 4 · Accounts receivable

    beginning of year $2,632,208 · end of year $3,145,244

  • 8 · Inventories for sale or use

    beginning of year $118,481 · end of year $118,481

  • 9 · Prepaid expenses and deferred charges

    beginning of year $510,373 · end of year $621,423

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

    $88,489,373

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

    $2,998,124

  • 10c · Land, buildings and equipment, net

    beginning of year $71,248,448 · end of year $85,491,249

  • 12 · Investments: other securities

    beginning of year $7,681,745

  • 15 · Other assets

    beginning of year $12,507,077 · end of year $6,302,118

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,903,875 · end of year $4,493,991

  • 19 · Deferred revenue

    beginning of year $27,763,808 · end of year $27,711,678

  • 20 · Tax-exempt bond liabilities

    beginning of year $59,127,317 · end of year $57,960,000

  • 25 · Other liabilities

    beginning of year $1,991,860 · end of year $2,094,571

  • 27 · Net assets without donor restrictions

    beginning of year $5,594,204 · end of year $4,526,988

Mission and programs · 2022

Mission

TO CREATE A COMMUNITY OF DIGNITY, COMPASSION AND RESPECT CENTERED ON THE LIVES OF OLDER ADULTS AND THOSE WHO CARE FOR THEM.

Activities or mission (Part I)

TO PROVIDE RETIREMENT HOUSING, HEALTHCARE, AND RELATED SERVICES TO RESIDENTS AND CLIENTS.

  • CLARK RETIREMENT COMMUNITY IS THE FIRST ORGANIZATION IN THE UNITED STATES TO RECEIVE ACCREDITATION FOR DEMENTIA SERVICES BY THE COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES - CONTINUING CARE ACCREDITATION COMMITTEE (CARF-CCAC).IN FISCAL YEAR 2022, CLARK PROVIDED OVER $852,000 IN BENEVOLENT CARE GRANTS TO RESIDENTS WHO HAVE OUTLIVED THEIR PERSONAL FINANCIAL RESOURCES.DURING FISCAL YEAR 2022, CLARK RECEIVED SEVERAL NOTABLE AWARDS AND RECOGNITION FOR ITS PROGRAM SERVICES.

    Expenses $28,097,017 · Revenue $21,219,350

As filed on the 2022 return.

Listed in Part VII

  • John Dattilo

    DIRECTOR & CEO

    Total calculated
    $401,521
    From this org
    $0
    From related orgs
    $363,620
    Other
    $37,901
    Hours/week
    2 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $323,620 related
    Bonus
    $0 + $40,000 related
    Other
    $0
    Deferred
    $0 + $16,957 related
    Nontaxable benefits
    $0 + $20,944 related
    Filer's total
    $0 + $401,521 related

  • Roger Weideman II

    DIRECTOR & CFO

    Total calculated
    $370,172
    From this org
    $0
    From related orgs
    $334,250
    Other
    $35,922
    Hours/week
    2 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,250 related
    Bonus
    $0 + $35,000 related
    Other
    $0
    Deferred
    $0 + $15,282 related
    Nontaxable benefits
    $0 + $20,640 related
    Filer's total
    $0 + $370,172 related

  • Brian Pangle

    DIRECTOR & PRESIDENT

    Total calculated
    $262,220
    From this org
    $0
    From related orgs
    $233,815
    Other
    $28,405
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $233,815 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,229 related
    Nontaxable benefits
    $0 + $15,176 related
    Filer's total
    $0 + $262,220 related

  • Jay Rumbach

    DIRECTOR & SECRETARY

    Total calculated
    $216,210
    From this org
    $0
    From related orgs
    $199,838
    Other
    $16,372
    Hours/week
    41 + 1 related

    Schedule J breakdown matched by us

    Base
    $0 + $199,538 related
    Bonus
    $0 + $300 related
    Other
    $0
    Deferred
    $0 + $15,007 related
    Nontaxable benefits
    $0 + $1,365 related
    Filer's total
    $0 + $216,210 related

  • Forrest Hoppe

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mark Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Nicole Swart

    VP OF OPERATIONS

    Total calculated
    $164,219
    From this org
    $156,852
    From related orgs
    $0
    Other
    $7,367
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $156,852
    Bonus
    $0
    Other
    $0
    Deferred
    $6,746
    Nontaxable benefits
    $621
    Filer's total
    $164,219

  • Joann Abraham

    VP DEVELOPMENT/FOUNDATION EXECUTIVE

    Total calculated
    $111,799
    From this org
    $104,744
    From related orgs
    $0
    Other
    $7,055
    Hours/week
    40

  • Lauann Shawver

    VP SALES, MARKETING & COMMUNICATIONS

    Total calculated
    $125,803
    From this org
    $111,702
    From related orgs
    $0
    Other
    $14,101
    Hours/week
    40

  • Brian Morrill

    DIRECTOR OF INFORMATION TECHNOLOGY

    Total calculated
    $105,634
    From this org
    $101,264
    From related orgs
    $0
    Other
    $4,370
    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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
METHODS USED TO DETERMINE COMPENSATION: COMPENSATION PAID BY BHI RETIREMENT COMMUNITIES IS DETERMINED BY THE REVIEW AND APPROVAL OF THE BHI SENIOR LIVING BOARD WHICH INCLUDES CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION.

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.

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.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • WESLEY MANOR SOUTHSIDE LP

    RETIRE LIVING · IN · general or managing partner

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SLDEVELOPMENT INC

    C · GOLF COURSE · IN · controlled entity

  • BHI HOME CARE INC

    C · HOME CARE · IN · controlled entity

  • 1546 SHERMAN STREET LLC

    C · INVESTMENT COMPANY · MI · controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202333179349305173

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