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 FeuerSAM 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 KatzLARRY 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 LahaskyEPHRAM 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 SchlittALBERT J SCHLITT
MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Todd TopliffTODD 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 RobinsonKATIE 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 SumwaitSHERRY 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-BellingerSHARON 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 BogertVICTORIA BOGERT
IN - CHARGE RN
- Total calculated
- $135,825
- From this org
- $129,886
- From related orgs
- $0
- Other
- $5,939
- Hours/week
- 40
-
Andrea HoffmanANDREA HOFFMAN
QMA
- Total calculated
- $134,184
- From this org
- $128,245
- From related orgs
- $0
- Other
- $5,939
- Hours/week
- 40
-
April Queen-DavisAPRIL 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
-
AMERICAN EAGLE LIFECARE CORPORATION
$1,900,000
TO SUPPORT THE MISSION.
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.
-
501(C)(3) · FUNDRAISING · IN · controlled entity
Directly controlled by PEABODY RETIREMENT COMMUNITY
-
AMERICAN EAGLE LIFECARE CORPORATION
501(C)(3) · HEALTHCARE · IN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513039349300916
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