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Nonprofiteer
← EMERALD COMMUNITIES C O ALAND CHAMBARD

Form 990 for tax year 2025

Filed by EMERALD COMMUNITIES C O ALAND CHAMBARD.

Totals

Total revenue
$11,010,483
Total expenses
$5,609,571
Contributions and grants received
$3,827,956
Grants paid
$60,000
Program service revenue
$6,628,721
Investment income
$553,517
Other revenue
$289
Total assets, end of year
$24,102,365
Total liabilities, end of year
$7,925,516
Net assets or fund balances, end of year
$16,176,849
Program services expenses (Part IX)
$4,540,700
Management and general expenses
$1,068,871
Fundraising expenses
$0
Program service expenses (Part III)
$4,540,700

Program services were 80.9% 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

    $3,827,956

  • 2a · Program service revenue: MANAGEMENT FEE

    total $4,509,711 · related or exempt $4,509,711

  • 2b · Program service revenue: OPS. REIMBURSEMENT

    total $1,953,332 · related or exempt $1,953,332

  • 2c · Program service revenue: RELATED PARTY INTEREST

    total $117,045 · related or exempt $117,045

  • 2d · Program service revenue: DEVELOPMENT FEE

    total $48,633 · related or exempt $48,633

  • 3 · Investment income

    total $560,535 · excluded $560,535

  • 7a · Gross sales of assets other than inventory

    securities $695,806

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

    securities $695,504 · other assets $7,320

  • 7c · Gain or loss

    securities $302 · other assets -$7,320

  • 7d · Net gain or loss

    total -$7,018 · excluded -$7,018

  • 11a · Other revenue: OTHER OPERATING INCOME

    total $289 · excluded $289

  • 11e · Other revenue, total

    $289

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $60,000 · program services $60,000

  • 5 · Compensation of officers, directors and key employees

    total $1,166,659 · program services $1,166,659

  • 7 · Other salaries and wages

    total $2,413,147 · program services $2,413,147

  • 8 · Pension plan contributions

    total $87,326 · program services $87,326

  • 9 · Other employee benefits

    total $806,296 · program services $587,294 · management and general $219,002

  • 10 · Payroll taxes

    total $226,274 · program services $226,274

  • 11b · Fees: legal

    total $26,343 · management and general $26,343

  • 11c · Fees: accounting

    total $44,964 · management and general $44,964

  • 11f · Fees: investment management

    total $8,248 · management and general $8,248

  • 11g · Fees: other

    total $344,585 · management and general $344,585

  • 12 · Advertising and promotion

    total $22,154 · management and general $22,154

  • 13 · Office expenses

    total $22,948 · management and general $22,948

  • 14 · Information technology

    total $682 · management and general $682

  • 16 · Occupancy

    total $60 · management and general $60

  • 17 · Travel

    total $95,793 · management and general $95,793

  • 19 · Conferences, conventions and meetings

    total $20,008 · management and general $20,008

  • 20 · Interest

    total $151,533 · management and general $151,533

  • 22 · Depreciation, depletion and amortization

    total $10,982 · management and general $10,982

  • 23 · Insurance

    total $9,328 · management and general $9,328

  • 24a · Other expenses: ADMIN

    total $92,241 · management and general $92,241

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $806,482 · end of year $1,719,088

  • 2 · Savings and temporary cash investments

    beginning of year $13,745,061 · end of year $14,289,309

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,235 · end of year $4,937

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

    $64,874

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

    $58,172

  • 10c · Land, buildings and equipment, net

    beginning of year $10,354 · end of year $6,702

  • 11 · Investments: publicly traded securities

    beginning of year $1,830,191 · end of year $610,287

  • 15 · Other assets

    beginning of year $9,068,423 · end of year $7,472,042

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,013,912 · end of year $1,022,616

  • 25 · Other liabilities

    beginning of year $13,704,745 · end of year $6,902,900

  • 27 · Net assets without donor restrictions

    beginning of year $10,756,089 · end of year $16,176,849

Mission and programs · 2025

Mission

EMERALD COMMUNITIES IS A NOT-FOR-PROFIT NON-DENOMINATIONAL ORGANIZATION THAT PROVIDES LEADERSHIP AND MANAGEMENT SERVICES FOR ITS AFFILIATE ORGANIZATIONS TO CREATE AND ENHANCE LIFESTYLE OPPORTUNITIES FOR SENIORS. (CONTINUED IN SCHEDULE O)IT IS CATEGORIZED AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION UNDER IRC SECTION 509(A)(3) THAT SUPPORTS EASTSIDE RETIREMENT ASSOCIATION (DBA: EMERALD HEIGHTS) AND HERON'S KEY.

Activities or mission (Part I)

PROVIDE LEADERSHIP FOR AFFILIATE ORGANIZATIONS PROVIDING SENIOR SERVICES.

  • EMERALD COMMUNITIES IS CLASSIFIED AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION UNDER IRC SECTION 509(A)(3). IT SERVES TO PROVIDE BENEFIT TO, PERFORM THE FUNCTION OF, AND/OR ASSIST IN CARRYING OUT THE SECTION 501(C)(3) PURPOSES OF EASTSIDE RETIREMENT ASSOCIATION (DBA: EMERALD HEIGHTS) AND HERON'S KEY, WHICH INCLUDES PROVIDING, MAINTAINING AND OPERATING ONE OR MORE LIFE PLAN RETIREMENT COMMUNITIES AND OTHER FACILITIES, FOR THE SAFE AND SECURE HOUSING AND SERVICES TO ITS RESIDENTS. THE LIFE PLAN COMMUNITIES PROVIDE SERVICES AND FACILITIES TO MEET THE HEALTH, SOCIAL, SPIRITUAL AND INTELLECTUAL NEEDS OF ITS RESIDENTS IN INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING.

    Expenses $4,540,700 · Grants $60,000 · Revenue $6,628,721

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • LISA HARDY CHIEF

    STRATEGY OFFICER (THROUGH MAY 2025)

    Total calculated
    $507,703
    From this org
    $492,200
    From related orgs
    $0
    Other
    $15,503
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $200,803
    Bonus
    $148,973
    Other
    $142,424
    Deferred
    $5,000
    Nontaxable benefits
    $10,503
    Filer's total
    $507,703

  • DENISA FEDDERSEN

    CFO

    Total calculated
    $359,627
    From this org
    $336,511
    From related orgs
    $0
    Other
    $23,116
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $279,837
    Bonus
    $53,400
    Other
    $3,274
    Deferred
    $16,787
    Nontaxable benefits
    $6,329
    Filer's total
    $359,627

  • MICHELLE WOOD

    VP OF OPERATIONS

    Total calculated
    $330,837
    From this org
    $300,442
    From related orgs
    $0
    Other
    $30,395
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $251,068
    Bonus
    $48,600
    Other
    $774
    Deferred
    $15,164
    Nontaxable benefits
    $15,231
    Filer's total
    $330,837

  • JO HOLLIS

    VP OF HR & RISK MANAGEMENT

    Total calculated
    $312,910
    From this org
    $284,553
    From related orgs
    $0
    Other
    $28,357
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $235,298
    Bonus
    $46,036
    Other
    $3,219
    Deferred
    $12,099
    Nontaxable benefits
    $16,258
    Filer's total
    $312,910

  • RONALD D SCHAEFER PRESIDENT

    & CEO (AS OF SEPTEMBER 2025)

    Total calculated
    $309,226
    From this org
    $304,909
    From related orgs
    $0
    Other
    $4,317
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $35,519
    Bonus
    $224,408
    Other
    $44,982
    Deferred
    $0
    Nontaxable benefits
    $4,317
    Filer's total
    $309,226

  • GRANT LINACRE

    EMERALD HEIGHTS EXECUTIVE DIRECTOR

    Total calculated
    $301,912
    From this org
    $269,990
    From related orgs
    $0
    Other
    $31,922
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $224,949
    Bonus
    $44,771
    Other
    $270
    Deferred
    $13,787
    Nontaxable benefits
    $18,135
    Filer's total
    $301,912

  • CHRIS LUCERO

    HERON'S KEY EXECUTIVE DIRECTOR

    Total calculated
    $267,944
    From this org
    $250,028
    From related orgs
    $0
    Other
    $17,916
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $209,648
    Bonus
    $40,200
    Other
    $180
    Deferred
    $5,331
    Nontaxable benefits
    $12,585
    Filer's total
    $267,944

  • AL CHAMBARD

    INTERIM CEO (THROUGH SEPTEMBER 2025)

    Total calculated
    $258,229
    From this org
    $258,229
    From related orgs
    $0
    Other
    $0
    Hours/week
    20 + 30 related

    Schedule J breakdown matched by us

    Base
    $258,229
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $258,229

  • SANDRA COOK VP

    OF MARKETING & PUBLIC RELATIONS

    Total calculated
    $239,577
    From this org
    $235,805
    From related orgs
    $0
    Other
    $3,772
    Hours/week
    5 + 45 related

    Schedule J breakdown matched by us

    Base
    $214,856
    Bonus
    $20,650
    Other
    $299
    Deferred
    $2,898
    Nontaxable benefits
    $874
    Filer's total
    $239,577

  • DWIGHT WHITING

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • JILL GUERNSEY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DAPHNE SCHNEIDER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DAVID HUDSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • KAREN COHOE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • ROBERT CRIST

    DIRECTOR (THROUGH APRIL 2025)

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JEFF JONES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • STEPHANIE MARSHALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DEWAYNE MCMULLIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JUDY RICHARDSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • UCHE OKEZIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • DANNA VANHORN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

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 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 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 4B
EMERALD COMMUNITIES HAS A 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR CERTAIN EXECUTIVE EMPLOYEES. DURING 2025, THE FOLLOWING AMOUNTS WERE CONTRIBUTED TO THEIR PLANS: DENISA FEDDERSEN, CFO, $18,074 GRANT LINACRE, EMERALD HEIGHTS EXECUTIVE DIRECTOR, $6,666 DURING 2025, THE FOLLOWING AMOUNTS WERE DISTRIBUTED OUT OF THEIR PLANS: AL CHAMBARD, INTERIM CEO (THROUGH SEPTEMBER 2025), $2,372
PART I, LINE 7
CERTAIN NON-FIXED INCENTIVE PAYMENTS WERE PAID TO MANAGEMENT STAFF THAT RELATED TO PERFORMANCE MEASUREMENTS OTHER THAN REVENUES AND NET EARNINGS.

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

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
2025
IRS schema version
2025v4.2
Source object
202602609349301120

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