Form 990 for tax year 2024
Filed by PLEASANT VIEW RETIREMENT COMMUNITY.
Totals
- Total revenue
- $29,187,128
- Total expenses
- $29,607,617
- Contributions and grants received
- $73,248
- Grants paid
- $0
- Program service revenue
- $26,926,418
- Investment income
- $2,409,233
- Other revenue
- -$221,771
- Total assets, end of year
- $140,324,426
- Total liabilities, end of year
- $113,345,753
- Net assets or fund balances, end of year
- $26,978,673
- Program services expenses (Part IX)
- $26,409,939
- Management and general expenses
- $3,006,410
- Fundraising expenses
- $191,268
- Program service expenses (Part III)
- $26,409,939
Program services were 89.2% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$73,248
-
1g · Noncash contributions included above
$0
-
2f · All other program service revenue
total $26,926,418 · related or exempt $26,926,418 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,022,779 · related or exempt $2,022,779 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $158,314 · personal property $0
-
6b · Less rental expenses
real property $380,085 · personal property $0
-
6c · Rental income or loss
real property -$221,771 · personal property $0
-
6d · Net rental income or loss
total -$221,771 · related or exempt -$221,771 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $16,131,276 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $15,744,822 · other assets $0
-
7c · Gain or loss
securities $386,454 · other assets $0
-
7d · Net gain or loss
total $386,454 · related or exempt $386,454 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $891,083 · program services $0 · management and general $891,083 · fundraising $0
-
6 · Compensation of disqualified persons
total $10,665,213 · program services $9,669,557 · management and general $924,468 · fundraising $71,188
-
8 · Pension plan contributions
total $247,446 · program services $207,047 · management and general $38,875 · fundraising $1,524
-
9 · Other employee benefits
total $1,952,344 · program services $1,636,687 · management and general $303,344 · fundraising $12,313
-
10 · Payroll taxes
total $883,541 · program services $739,290 · management and general $138,808 · fundraising $5,443
-
11b · Fees: legal
total $117,611 · program services $117,611 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $55,807 · program services $55,807 · management and general $0 · fundraising $0
-
11g · Fees: other
total $2,276,373 · program services $1,932,120 · management and general $254,178 · fundraising $90,075
-
12 · Advertising and promotion
total $508,309 · program services $508,309 · management and general $0 · fundraising $0
-
13 · Office expenses
total $2,312,622 · program services $2,150,259 · management and general $151,638 · fundraising $10,725
-
16 · Occupancy
total $1,820,047 · program services $1,731,093 · management and general $88,954 · fundraising $0
-
20 · Interest
total $1,985,381 · program services $1,985,381 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $4,873,583 · program services $4,873,583 · management and general $0 · fundraising $0
-
24e · All other expenses
total $1,018,257 · program services $803,195 · management and general $215,062 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $3,120,520 · end of year $2,373,122
-
2 · Savings and temporary cash investments
beginning of year $23,225
-
3 · Pledges and grants receivable
end of year $158,709
-
4 · Accounts receivable
beginning of year $1,330,084 · end of year $1,482,965
-
9 · Prepaid expenses and deferred charges
beginning of year $428,657 · end of year $460,384
-
10a · Land, buildings and equipment: cost or other basis
$158,611,820
-
10b · Land, buildings and equipment: accumulated depreciation
$69,915,860
-
10c · Land, buildings and equipment, net
beginning of year $76,032,850 · end of year $88,695,960
-
11 · Investments: publicly traded securities
beginning of year $37,146,592 · end of year $43,479,420
-
15 · Other assets
beginning of year $2,820,539 · end of year $3,673,866
-
17 · Accounts payable and accrued expenses
beginning of year $3,652,197 · end of year $3,642,659
-
19 · Deferred revenue
beginning of year $30,887,813 · end of year $31,962,939
-
20 · Tax-exempt bond liabilities
beginning of year $58,988,669 · end of year $73,458,018
-
21 · Escrow or custodial account liability
beginning of year $1,358,610 · end of year $2,132,640
-
25 · Other liabilities
beginning of year $2,149,497 · end of year $2,149,497
-
27 · Net assets without donor restrictions
beginning of year $19,645,368 · end of year $22,869,094
-
28 · Net assets with donor restrictions
beginning of year $4,220,313 · end of year $4,109,579
Mission and programs · 2024
Mission
We aspire to provide healthy, vibrant living -- full of joy, meaning and purpose -- through passionate, Christ-like service.
Activities or mission (Part I)
Pleasant View Communities provides a continuum of care ranging from independent residential living to skilled nursing care.
-
Funding supports provision of residential accommodations (cottages & apartments), and personal care, nursing, and rehabilitative care for residents as they move through the continuum of care, as well as campus-wide operational costs. This category also includes reimbursement shortfalls and benevolent care for residents who, through no fault of their own, have depleted resources. We provide significant support to the local community through contributions to volunteer fire companies, the local municipality, and school district, and local service clubs, church groups, and charitable organizations. Support ranges from direct contributions to gift-in-kind, such as providing free space for meetings, staffing support groups, and underwriting community events. Revenue also subsidizes activities and programming at all levels of living so residents remain active, vital, and engaged regardless of the level of physical or cognitive decline. Pleasant View is home to approximately 400 persons. Occupancy for 2024 was 96.4% for residential, 75.0% for personal care, and 96.9% for nursing and rehabilitative care. In 2024, Pleasant View provided $3,073,000 in charity care (difference between cost and amount reimbursed).
Expenses $26,409,939
As filed on the 2024 return.
Listed in Part VII
-
Jonathan Hollinger
CEO/President
- Total calculated
- $308,012
- From this org
- $279,418
- From related orgs
- $0
- Other
- $28,594
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $279,418
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $28,594
- Filer's total
- $308,012
-
Steve Myers
VP of Finance
- Total calculated
- $228,772
- From this org
- $202,354
- From related orgs
- $0
- Other
- $26,418
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $202,354
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,418
- Filer's total
- $228,772
-
Amy Marsilio
VP of Operations and Compliance
- Total calculated
- $228,191
- From this org
- $201,727
- From related orgs
- $0
- Other
- $26,464
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $201,727
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $26,464
- Filer's total
- $228,191
-
Gary Gaissert
VP of Facilities and Project Management
- Total calculated
- $218,128
- From this org
- $207,584
- From related orgs
- $0
- Other
- $10,544
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $207,584
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $10,544
- Filer's total
- $218,128
-
Daryl Leisey
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Charlie Bradley
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Laughlin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dennis Patrick
Board Memeber
- Total calculated
- $0
- Hours/week
- 1
-
Dale Hershey
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Sharon Mort
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Robert Drummond
Board Memeber
- Total calculated
- $0
- Hours/week
- 1
-
John Kegarise
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Teresa Hartman
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
John Eccleston
Board Treasurer/Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Dave Nauman
Board Member
- Total calculated
- $0
- Hours/week
- 1
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 · Compensation committee
- 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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 25 April 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501159349300310
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