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Nonprofiteer
← AMERICAN EAGLE LIFECARE CORPORATION

Form 990 for tax year 2024

Filed by AMERICAN EAGLE LIFECARE CORPORATION.

Totals

Total revenue
$82,885,819
Total expenses
$92,422,198
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$76,806,078
Investment income
$959,559
Other revenue
$5,120,182
Total assets, end of year
$258,716,584
Total liabilities, end of year
$270,428,543
Net assets or fund balances, end of year
-$11,711,959
Program services expenses (Part IX)
$71,421,625
Management and general expenses
$21,000,573
Fundraising expenses
$0
Program service expenses (Part III)
$71,421,625

Program services were 77.3% 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: ASSISTED LIVING REVENUE

    total $35,607,082 · related or exempt $35,607,082

  • 2b · Program service revenue: INDEPENDENT LIVING REVENUE

    total $17,960,144 · related or exempt $17,960,144

  • 2c · Program service revenue: SKILLED NURSING REVENUE

    total $14,607,563 · related or exempt $14,607,563

  • 2d · Program service revenue: MEMORY CARE REVENUE

    total $8,631,289 · related or exempt $8,631,289

  • 3 · Investment income

    total $959,559 · excluded $959,559

  • 6a · Gross rents

    real property $1,964,540

  • 6b · Less rental expenses

    real property $2,014,586

  • 6c · Rental income or loss

    real property -$50,046

  • 6d · Net rental income or loss

    total -$50,046 · related or exempt -$50,046

  • 11a · Other revenue: MANAGEMENT FEES

    total $3,997,062 · related or exempt $3,997,062

  • 11b · Other revenue: MISCELLANEOUS REVENUE

    total $1,173,166 · related or exempt $1,173,166

  • 11e · Other revenue, total

    $5,170,228

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,913,792 · program services $1,531,034 · management and general $382,758

  • 7 · Other salaries and wages

    total $25,028,182 · program services $20,022,546 · management and general $5,005,636

  • 9 · Other employee benefits

    total $2,510,429 · program services $2,008,343 · management and general $502,086

  • 10 · Payroll taxes

    total $2,107,797 · program services $1,686,238 · management and general $421,559

  • 11a · Fees: management

    total $3,698,476 · program services $2,588,933 · management and general $1,109,543

  • 11b · Fees: legal

    total $798,387 · program services $199,597 · management and general $598,790

  • 11c · Fees: accounting

    total $125,000 · management and general $125,000

  • 11g · Fees: other

    total $305,338 · program services $91,601 · management and general $213,737

  • 12 · Advertising and promotion

    total $1,829,541 · program services $1,555,110 · management and general $274,431

  • 13 · Office expenses

    total $8,917,797 · program services $5,350,678 · management and general $3,567,119

  • 16 · Occupancy

    total $10,964,131 · program services $9,319,511 · management and general $1,644,620

  • 17 · Travel

    total $81,845 · program services $61,384 · management and general $20,461

  • 19 · Conferences, conventions and meetings

    total $11,841 · program services $8,881 · management and general $2,960

  • 20 · Interest

    total $11,641,396 · program services $8,731,047 · management and general $2,910,349

  • 22 · Depreciation, depletion and amortization

    total $8,788,962 · program services $7,031,170 · management and general $1,757,792

  • 23 · Insurance

    total $2,812,815 · program services $2,250,252 · management and general $562,563

  • 24a · Other expenses: FOOD/DINING/KITCHEN EXP

    total $4,045,769 · program services $4,045,769 · management and general $0

  • 24b · Other expenses: UTILITIES

    total $3,523,371 · program services $2,994,865 · management and general $528,506

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $1,827,522 · program services $1,005,137 · management and general $822,385

  • 24d · Other expenses: PROPERTY TAXES

    total $648,751 · program services $519,001 · management and general $129,750

  • 24e · All other expenses

    total $841,056 · program services $420,528 · management and general $420,528

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $560,419 · end of year $546,127

  • 2 · Savings and temporary cash investments

    beginning of year $7,871,203 · end of year $5,249,587

  • 4 · Accounts receivable

    beginning of year $2,281,426 · end of year $2,800,080

  • 9 · Prepaid expenses and deferred charges

    beginning of year $244,804 · end of year $373,572

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

    $268,016,409

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

    $60,136,201

  • 10c · Land, buildings and equipment, net

    beginning of year $212,605,638 · end of year $207,880,208

  • 11 · Investments: publicly traded securities

    beginning of year $3,686,182 · end of year $2,756,898

  • 14 · Intangible assets

    beginning of year $68,053 · end of year $33,720

  • 15 · Other assets

    beginning of year $44,296,360 · end of year $39,076,392

  • 17 · Accounts payable and accrued expenses

    beginning of year $11,250,381 · end of year $11,921,168

  • 19 · Deferred revenue

    beginning of year $641,329 · end of year $205,375

  • 20 · Tax-exempt bond liabilities

    beginning of year $216,069,102 · end of year $216,122,591

  • 23 · Secured mortgages and notes payable

    beginning of year $39,196,333 · end of year $38,021,345

  • 25 · Other liabilities

    beginning of year $4,108,495 · end of year $4,158,064

  • 27 · Net assets without donor restrictions

    beginning of year $348,445 · end of year -$11,711,959

Mission and programs · 2024

Mission

THE ORGANIZATION ACQUIRES, OWNS, MAINTAINS AND OPERATES NURSING HOMES, SENIOR LIVING FACILITIES AND/OR ASSISTED LIVING FACILITIES AND RELATED FACILITIES PROVIDING HEALTH CARE OR OTHER SERVICES TO THE ELDERLY AND INFIRMED OR DISABLED AND/OR DISADVANTAGED PERSONS THROUGHOUT THE UNITED STATES. THE ORGANIZATION ALSO DEVELOPS AND DEPLOYS EDUCATIONAL PROGRAMS AND SUPPORTING RESEARCH IN THE AREA OF LEARNING SCIENCE AND INNOVATIVE EDUCATIONAL PROGRAMS AND TOOLS IN A VARIETY OF MEDIA FOR TRAINING AND EDUCATIONAL PURPOSES.

Activities or mission (Part I)

THE ORGANIZATION OWNS AND OPERATES NURSING HOMES, SENIOR LIVING FACILITIES, ASSISTED LIVING FACILITIES, AND PROVIDES HEALTHCARE AND OTHER SERVICES TO THE ELDERLY AND INFIRMED.

  • THE COMMUNITIES OF THE ORGANIZATION PROVIDE A VARIETY OF SERVICES TO THE ELDERLY THROUGHOUT THE UNITED STATES. THESE FACILITIES PROVIDE SERVICES WITHOUT CHARGE, OR AT AMOUNTS LESS THAN ESTABLISHED RATES, TO PATIENTS WHO MEET THE CRITERIA OF ITS CHARITY CARE OR UNINSURED POLICIES. THE CRITERIA FOR CHARITY CARE TAKES INTO CONSIDERATION HEALTH & HUMAN SERVICES FEDERAL POVERTY GUIDELINES, FAMILY ASSETS, FAMILY SIZE, EMPLOYMENT STATUS, ORDINARY FAMILY EXPENSES, AND OTHER RELATED INFORMATION.

    Expenses $71,421,625 · Revenue $83,940,846

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ephram Lahasky

    CEO & CHAIR

    Total calculated
    $200,707
    From this org
    $200,707
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,707
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $200,707

  • Larry Katz

    VICE PRESIDENT & MEMBER

    Total calculated
    $200,707
    From this org
    $200,707
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,707
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $200,707

  • Sam Feuer

    PRESIDENT & MEMBER

    Total calculated
    $200,707
    From this org
    $200,707
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,707
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $200,707

  • Barry Braunstein

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ranall Rutta

    MEMBER

    Total calculated
    $42,000
    From this org
    $42,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1

  • Cory Wake Jan-May

    VICE PRESIDENT

    Total calculated
    $66,435
    From this org
    $62,998
    From related orgs
    $0
    Other
    $3,437
    Hours/week
    40

  • Todd Topliff

    CFO & CCO

    Total calculated
    $348,677
    From this org
    $326,748
    From related orgs
    $0
    Other
    $21,929
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $326,748
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,929
    Filer's total
    $348,677

  • Franklin Scott Kellman

    FOUNDER

    Total calculated
    $519,210
    From this org
    $497,281
    From related orgs
    $0
    Other
    $21,929
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $497,281
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $21,929
    Filer's total
    $519,210

  • April D Hughes

    DIRECTOR OF NURSING

    Total calculated
    $168,302
    From this org
    $151,584
    From related orgs
    $0
    Other
    $16,718
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $151,584
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,718
    Filer's total
    $168,302

  • Wendel Adams

    VP OF PHYSICAL PLANT

    Total calculated
    $183,765
    From this org
    $183,765
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,765
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $183,765

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

  • 1a · Payments for business use of a personal residence
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 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.

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.

  • AE GREENSBURG FACILITY COMPANY LLC

    FACILITY COMPANY · IN · income $494,826 · assets $5,126,029

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • AE WOODLAND TOWERS FACILITY LLC

    FACILITY COMPANY · FL · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • ALL POINTS MANAGEMENT LLC

    MANAGEMENT SERVICES · DE · income $4,276,021 · assets $8,115,793

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • AMERICAN EAGLE BRANDON LLC

    ASSISTED LIVING FACILITY · FL · income $4,411,918 · assets $13,214,462

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE CASTLE HILLS LLC

    ASSISTED LIVING AND MEMORY CARE FACILITY · TX · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

    HOLDING COMPANY · DE · income $0 · assets $242,307,362

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • AMERICAN EAGLE EAU GALLIE LLC

    ASSISTED LIVING FACILITY · FL · income $3,195,205 · assets $10,096,418

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE HAMLET HOLDING LLC

    HOLDING COMPANY · OH · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • AMERICAN EAGLE HANCEVILLE LLC

    ASSISTED LIVING FACILITY · AL · income $1,962,894 · assets $4,950,150

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE HENDERSONVILLE LLC

    INDEPENDENT LIVING & ASSISTED LIVING FACILITY · TN · income $4,612,942 · assets $15,551,164

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE ISLAND LAKE LLC

    INDEPENDENT LIVING & ASSISTED LIVING FACILITY · FL · income $11,595,444 · assets $55,965,641

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE KINGSTON LLC

    ASSISTED LIVING FACILITY · TN · income $2,200,535 · assets $4,007,343

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE LEESBURG AL LLC

    ASSISTED LIVING FACILITY · FL · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE LEESBURG MC LLC

    MEMORY CARE FACILITY · FL · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE MORNING BREEZE LLC

    CONTINUING CARE RETIREMENT COMMUNITY · IN · income $14,607,563 · assets $1,564,864

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • AMERICAN EAGLE NEWARK LLC

    ASSISTED LIVING FACILITY · OH · income $2,198,487 · assets $3,586,858

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE OWATONNA AL LLC

    ASSISTED LIVING AND MEMORY CARE FACILITY · MN · income $3,185,493 · assets $8,388,721

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE PALMER PARK LLC

    MEMORY CARE FACILITY · CO · income $3,013,699 · assets $9,323,017

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE PLEASANT PRAIRIE LLC

    ASSISTED LIVING FACILITY · DE · income $3,076,064 · assets $9,783,625

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE RAVENNA LLC

    ASSISTED LIVING FACILITY · OH · income $3,514,710 · assets $8,230,178

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE TITUSVILLE LLC

    INDEPENDENT LIVING & ASSISTED LIVING FACILITY · FL · income $4,234,746 · assets $15,594,080

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE TUSKAWILLA LLC

    ASSISTED LIVING FACILITY · FL · income $3,780,925 · assets $11,935,286

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE VENICE ISLAND LLC

    MEMORY CARE FACILITY · FL · income $2,051,861 · assets $9,053,265

    Directly controlled by AMERICAN EAGLE DELAWARE HOLDING COMPANY LLC

  • AMERICAN EAGLE WOODLAND TOWERS LLC

    INDEPENDENT LIVING AND ASSISTED LIVING FACILITY · FL · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

  • HAMLET ASSISTED LIVING LLC

    FACILITY COMPANY · OH · income $966,661 · assets $13,765,935

    Directly controlled by AMERICAN EAGLE HAMLET HOLDING LLC

  • HAMLET ASSISTED LIVING OPERATOR LLC

    ASSISTED LIVING FACILITY · OH · income $5,611,501 · assets $1,763,491

    Directly controlled by HAMLET OPERATOR HOLDING LLC

  • HAMLET HEALTH CARE LLC

    FACILITY COMPANY · OH · income $513,541 · assets $5,273,391

    Directly controlled by AMERICAN EAGLE HAMLET HOLDING LLC

  • HAMLET HILLS LLC

    INDEPENDENT LIVING FACILITY · OH · income $4,712,552 · assets $25,829,386

    Directly controlled by HAMLET OPERATOR HOLDING LLC

  • HAMLET OPERATOR HOLDING LLC

    HOLDING COMPANY · OH · income $0 · assets $126,470

    Directly controlled by AMERICAN EAGLE HAMLET HOLDING LLC

  • SENIOR HOUSING ASSET RESOURCES LLC

    ASSET MANAGEMENT COMPANY · DE · income $0 · assets $0

    Directly controlled by AMERICAN EAGLE LIFECARE CORPORATION

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.2
Source object
202543219349304099

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