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Nonprofiteer
← ESTELLE PEABODY MEMORIAL HOME INC

Form 990 for tax year 2024

Filed by ESTELLE PEABODY MEMORIAL HOME INC.

Totals

Total revenue
$27,360,678
Total expenses
$28,920,570
Contributions and grants received
$354,921
Grants paid
$1,900,000
Program service revenue
$26,891,305
Investment income
$114,452
Other revenue
$0
Total assets, end of year
$28,857,771
Total liabilities, end of year
$26,715,251
Net assets or fund balances, end of year
$2,142,520
Program services expenses (Part IX)
$25,743,746
Management and general expenses
$3,145,112
Fundraising expenses
$31,712
Program service expenses (Part III)
$25,743,746

Program services were 89.0% 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.

  • 1f · All other contributions, gifts and grants

    $354,921

  • 2a · Program service revenue: MANAGEMENT SERVICES

    total $23,636,876 · related or exempt $23,636,876

  • 2b · Program service revenue: PATIENT AND RESIDENT

    total $3,254,429 · related or exempt $3,254,429

  • 3 · Investment income

    total $114,452 · excluded $114,452

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,900,000 · program services $1,900,000

  • 5 · Compensation of officers, directors and key employees

    total $262,644 · program services $241,325 · management and general $20,872 · fundraising $447

  • 7 · Other salaries and wages

    total $12,429,826 · program services $11,420,905 · management and general $987,775 · fundraising $21,146

  • 9 · Other employee benefits

    total $553,535 · program services $509,051 · management and general $43,918 · fundraising $566

  • 10 · Payroll taxes

    total $927,683 · program services $853,132 · management and general $73,603 · fundraising $948

  • 11a · Fees: management

    total $994,735 · management and general $994,735

  • 11b · Fees: legal

    total $58,905 · program services $50,750 · management and general $8,060 · fundraising $95

  • 11c · Fees: accounting

    total $108,546 · program services $93,518 · management and general $14,852 · fundraising $176

  • 11g · Fees: other

    total $3,240,321 · program services $2,791,710 · management and general $443,352 · fundraising $5,259

  • 12 · Advertising and promotion

    total $50,202 · program services $42,832 · management and general $7,370

  • 13 · Office expenses

    total $499,550 · program services $471,647 · management and general $27,779 · fundraising $124

  • 14 · Information technology

    total $255,039 · program services $249,155 · management and general $5,798 · fundraising $86

  • 16 · Occupancy

    total $692,529 · program services $657,598 · management and general $34,626 · fundraising $305

  • 17 · Travel

    total $8,145 · program services $7,422 · management and general $723

  • 20 · Interest

    total $1,568,153 · program services $1,544,362 · management and general $23,115 · fundraising $676

  • 22 · Depreciation, depletion and amortization

    total $2,319,442 · program services $2,006,571 · management and general $311,890 · fundraising $981

  • 23 · Insurance

    total $356,170 · program services $303,885 · management and general $51,786 · fundraising $499

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $1,185,416 · program services $1,158,065 · management and general $26,947 · fundraising $404

  • 24b · Other expenses: FOOD EXPENSE

    total $744,260 · program services $744,260

  • 24e · All other expenses

    total $765,469 · program services $697,558 · management and general $67,911

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,150,015 · end of year $3,079,519

  • 2 · Savings and temporary cash investments

    beginning of year $160,030 · end of year $2,594,988

  • 4 · Accounts receivable

    beginning of year $1,497,656 · end of year $4,295

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

    $75,053,310

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

    $54,416,043

  • 10c · Land, buildings and equipment, net

    beginning of year $22,064,380 · end of year $20,637,267

  • 12 · Investments: other securities

    beginning of year $214,247 · end of year $0

  • 15 · Other assets

    beginning of year $403,244 · end of year $2,541,702

  • 17 · Accounts payable and accrued expenses

    beginning of year $279,155 · end of year $610,371

  • 19 · Deferred revenue

    beginning of year $950,831 · end of year $767,276

  • 20 · Tax-exempt bond liabilities

    beginning of year $23,913,597 · end of year $23,614,772

  • 25 · Other liabilities

    beginning of year $1,542,290 · end of year $1,722,832

  • 27 · Net assets without donor restrictions

    beginning of year $3,803,699 · end of year $2,142,520

Mission and programs · 2024

Mission

PEABODY RETIREMENT COMMUNITY PROVIDES INNOVATIVE LIVING OPTIONS FOR SENIORS THROUGH COMPREHENSIVE SERVICES FOUNDED ON GRACE, COMPASSION, RESPECT, AND DIGNITY. THEY ARE COMMITTED TO THE ENRICHMENT OF LIFE, SUPPORTING INDIVIDUAL CHOICE, AND CELEBRATING THE AGELESS SPIRIT.

Activities or mission (Part I)

PEABODY RETIREMENT COMMUNITY PROVIDES COMPREHENSIVE SERVICES FOR OLDER ADULTS & SELECTED SERVICES TO OTHERS WITH GRACE, COMPASSION & RESPECT FOR THE DIGNITY OF INDIVIDUALS, THEIR FAMILIES & COMMUNITIES.

  • PEABODY RETIREMENT COMMUNITY (PEABODY) UNDERSTANDS THAT EACH INDIVIDUAL HAS UNIQUE NEEDS, AND EXCITING HISTORY, AND HOLDS BELIEFS ABOUT HOW THEIR CARE SHOULD BE DELIVERED. TO MEET THIS END, PEABODY PROVIDES FIVE VERY DIFFERENT LEVELS OF RESIDENCE FROM INDEPENDENT LIVING "COTTAGE HOMES" TO A SPECIALLY EQUIPPED MEMORY ENHANCED NEIGHBORHOOD. PEABODY IS DEDICATED TO THE GOAL OF CREATING A MODEL CAMPUS PROVIDING COST EFFECTIVE INDIVIDUALIZED CARE THAT REACHES FAR BEYOND THE MINIMAL STANDARDS. ADDITIONAL SERVICES PROVIDED TO RESIDENTS INCLUDE ONSITE THERAPIES IN ADDITION TO NUTRITIONAL, PASTORAL, SOCIAL, AND RECREATIONAL SERVICES. INDEPENDENT LIVING SERVICES INCLUDES CONDOMINIUM AND PATIO HOMES. THE 57 INDEPENDENT LIVING COTTAGES OFFER THE FREEDOM OF MAINTENANCE FREE LIVING, A BUSTLING ACTIVITIES SCHEDULE, AN INTEGRATED CALL SYSTEM IN THE EVENT OF AN EMERGENCY, ACCESS TO PREPARED MEALS, ALONG WITH THE COMPANY OF INTERESTING NEIGHBORS WHO CHERISH THEIR INDEPENDENCE AND ARE ALWAYS READY TO LEND A HAND. ASSISTED LIVING CENTER PEABODY OFFERS 118 RESIDENTIAL APARTMENTS. THE PEABODY INN ASSISTED LIVING APARTMENTS OFFER THE CONVENIENCE OF VARIOUS CAMPUS SERVICES, ALONG WITH THE INDEPENDENCE OF YOUR OWN RESIDENCE. SKILLED HEALTH CENTER PEABODY'S HEALTH CENTER HAS 192 LICENSED HEALTH CARE BEDS DESIGNED TO HELP INDIVIDUALS ENJOY BETTER QUALITY OF LIVING THROUGH LATE LIFE. ASSISTED LIVING AND HEALTH CENTER RESIDENTS ENJOY THE ADDITIONAL SERVICES PROVIDED INCLUDE NUTRITIONAL SERVICES. OUR DINING STAFF WORKS CLOSELY WITH THE NURSING SERVICES AND MEDICAL STAFF TO ENSURE SPECIAL DIETARY GOALS ARE ACCOMPLISHED. THROUGH CAREFUL MEDICATION MANAGEMENT AND MONITORING BY OUR NUTRITIONAL AND NURSING STAFF, OUR RESIDENTS CAN OFTEN ENJOY FOODS THEY WERE NOT ABLE TO ENJOY BEFORE JOINING THE PEABODY FAMILY. THERAPY SERVICES OUR THERAPIES INCLUDE SPEECH, PHYSICAL, AND OCCUPATIONAL THERAPY, AND ARE AVAILABLE TO BOTH INPATIENT AND OUTPATIENT RESIDENTS. THIS ALLOWS RESIDENTS TO FOREGO THE OFTEN-DIFFICULT TASK OF ARRANGING TRANSPORTATION TO AND FROM THERAPY APPOINTMENTS. DIALYSIS SERVICES IN 2024 PEABODY OPENED A 9-CHAIR IN HOME HEMODIALYSIS CENTER TO PROVIDE DAILY HEMODIALYSIS TO HEALTH CENTER AND ASSISTED LIVING RESIDENTS IN NEED OF THIS LIFE-SUSTAINING SERVICE. OFFERING THIS SERVICE ON THE CAMPUS ELIMINATES TRANSPORTATION NEEDS AND SHORTENS THE RECOVERY TIME FOR RESIDENTS POST-DIALYSIS. SOCIAL SERVICES STAFF SOCIAL WORKERS PROVIDE PEABODY RESIDENTS AND FAMILIES WITH A VARIETY OF SERVICES TO ENSURE THEIR NEEDS AND DESIRES ARE BEING MET ON A DAILY BASIS. SOCIAL SERVICES COORDINATORS PLAY AN ACTIVE ROLE IN THE ADMISSIONS PROCESSES, HELPING TO DETERMINE THE BEST LEVEL OF CARE FOR RESIDENTS, AND PROVIDE EMOTIONAL SUPPORT TO BOTH RESIDENTS AND THEIR FAMILIES DURING TIMES OF TRANSITION. SOCIAL SERVICE COORDINATORS ALSO ASSIST WITH SUPPORTIVE COUNSELING TO INCREASE COPING WITH TRANSITIONS AND ADVOCACY TO ENSURE THAT RESIDENTS' RIGHTS ARE RESPECTED. PASTORAL SERVICES THE PEABODY MEMORIAL CHAPEL HOLDS SERVICES ON A REGULAR SCHEDULE AND IS CONDUCTED IN THE TRADITION OF VARIOUS DENOMINATIONS. BECAUSE OUR PRIMARY IN-HOUSE WORSHIP SERVICE IS CONDUCTED ON SUNDAY AFTERNOON, MANY RESIDENTS ARE ABLE TO ENJOY RETURNING TO THEIR HOME CONGREGATION FOR MORNING WORSHIP. RECREATIONAL SERVICES RESIDENTS ARE ABLE TO PARTICIPATE IN MANY MEANINGFUL ENDEAVORS TO EXPLORE THE VARIOUS ELEMENTS OF WELLNESS ENCOMPASSING INTELLECTUAL, SOCIAL, VOCATIONAL, SPIRITUAL, EMOTIONAL, PHYSICAL, AND ENVIRONMENTAL IN BOTH GROUP AND INDIVIDUAL SETTINGS. PEABODY ALSO PROVIDES RESIDENTS WITH MANY ENTERTAINMENT AND OFF-CAMPUS EXCURSIONS.

    Expenses $25,743,746 · Grants $1,900,000 · Revenue $26,891,305

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

Listed in Part VII

  • Sam Feuer

    PRESIDENT

    Total calculated
    $200,707
    From this org
    $0
    From related orgs
    $200,707
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,707 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $200,707 related
  • Larry Katz

    MEMBER

    Total calculated
    $200,707
    From this org
    $0
    From related orgs
    $200,707
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,707 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $200,707 related
  • Ephram Lahasky

    MEMBER

    Total calculated
    $200,707
    From this org
    $0
    From related orgs
    $200,707
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $200,707 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $200,707 related
  • Albert J Schlitt

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Todd Topliff

    MEMBER

    Total calculated
    $326,748
    From this org
    $0
    From related orgs
    $326,748
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $326,748 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $326,748 related
  • Katie Robinson

    ADMINISTRATOR

    Total calculated
    $174,644
    From this org
    $160,151
    From related orgs
    $0
    Other
    $14,493
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $138,551
    Bonus
    $21,600
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $14,493
    Filer's total
    $174,644
  • Sherry Sumwait

    IN - CHARGE RN

    Total calculated
    $157,958
    From this org
    $152,019
    From related orgs
    $0
    Other
    $5,939
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,619
    Bonus
    $1,400
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $5,939
    Filer's total
    $157,958
  • Sharon Scott-Bellinger

    DIRECTOR OF NURSING

    Total calculated
    $143,558
    From this org
    $131,679
    From related orgs
    $0
    Other
    $11,879
    Hours/week
    40
  • Victoria Bogert

    IN - CHARGE RN

    Total calculated
    $135,825
    From this org
    $129,886
    From related orgs
    $0
    Other
    $5,939
    Hours/week
    40
  • Andrea Hoffman

    QMA

    Total calculated
    $134,184
    From this org
    $128,245
    From related orgs
    $0
    Other
    $5,939
    Hours/week
    40
  • April Queen-Davis

    IN - CHARGE RN

    Total calculated
    $121,202
    From this org
    $121,202
    From related orgs
    $0
    Other
    $0
    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

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
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202513039349300916

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