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Nonprofiteer
← CARLE RETIREMENT CENTERS INC

Form 990 for tax year 2022

Filed by CARLE RETIREMENT CENTERS INC.

Totals

Total revenue
$8,222,915
Total expenses
$8,452,520
Contributions and grants received
$108,607
Grants paid
$0
Program services expenses (Part IX)
$6,621,394
Management and general expenses
$1,831,126
Fundraising expenses
$0
Program service expenses (Part III)
$6,621,394

Program services were 78.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Ann Beyers

    SECRETARY OF BOARD

    Total calculated
    $102,269
    From this org
    $0
    From related orgs
    $79,592
    Other
    $22,677
    Hours/week
    1 + 39 related

  • Dennis Hesch

    TREASURER; EVP, CHIEF FINANCE & STRATEGY OFFICER

    Total calculated
    $1,700,899
    From this org
    $0
    From related orgs
    $1,286,099
    Other
    $414,800
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $993,973 related
    Bonus
    $0 + $288,063 related
    Other
    $0 + $4,063 related
    Deferred
    $0 + $396,203 related
    Nontaxable benefits
    $0 + $18,597 related
    Filer's total
    $0 + $1,700,899 related

  • James C Leonard MD

    CHAIR; PRESIDENT & CEO

    Total calculated
    $2,801,918
    From this org
    $0
    From related orgs
    $2,140,109
    Other
    $661,809
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,607,032 related
    Bonus
    $0 + $528,517 related
    Other
    $0 + $4,560 related
    Deferred
    $0 + $643,876 related
    Nontaxable benefits
    $0 + $17,933 related
    Filer's total
    $0 + $2,801,918 related

  • Matthew Kolb JD MHA

    VICE CHAIR; EVP, CHIEF OPERATING OFFICER

    Total calculated
    $1,757,452
    From this org
    $0
    From related orgs
    $1,363,262
    Other
    $394,190
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $979,097 related
    Bonus
    $0 + $225,035 related
    Other
    $0 + $159,130 related
    Deferred
    $0 + $368,388 related
    Nontaxable benefits
    $0 + $25,802 related
    Filer's total
    $0 + $1,757,452 related

  • Dawn Walden

    SVP, CHIEF REVENUE CYCLE OFFICER

    Total calculated
    $585,814
    From this org
    $0
    From related orgs
    $456,458
    Other
    $129,356
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $321,403 related
    Bonus
    $0 + $64,049 related
    Other
    $0 + $71,006 related
    Deferred
    $0 + $109,217 related
    Nontaxable benefits
    $0 + $20,139 related
    Filer's total
    $0 + $585,814 related

  • Lauren Schmid

    EVP, CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $1,001,068
    From this org
    $0
    From related orgs
    $772,321
    Other
    $228,747
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $550,104 related
    Bonus
    $0 + $123,287 related
    Other
    $0 + $98,930 related
    Deferred
    $0 + $204,706 related
    Nontaxable benefits
    $0 + $24,041 related
    Filer's total
    $0 + $1,001,068 related

  • Nicholas Crompton

    VP, CONSTRUCTION & FACILITY SERVICES

    Total calculated
    $355,560
    From this org
    $0
    From related orgs
    $281,960
    Other
    $73,600
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $252,005 related
    Bonus
    $0 + $27,955 related
    Other
    $0 + $2,000 related
    Deferred
    $0 + $45,832 related
    Nontaxable benefits
    $0 + $27,768 related
    Filer's total
    $0 + $355,560 related

  • Nancy Mella-Oliver

    WINDSOR ADMINISTRATOR

    Total calculated
    $161,958
    From this org
    $150,629
    From related orgs
    $0
    Other
    $11,329
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $137,470
    Bonus
    $12,400
    Other
    $759
    Deferred
    $10,477
    Nontaxable benefits
    $852
    Filer's total
    $161,958

  • Laurence Fallon

    FORMER - KEY EMPLOYEE

    Total calculated
    $1,141,155
    From this org
    $0
    From related orgs
    $851,281
    Other
    $289,874
    Hours/week
    0 + 18 related

    Schedule J breakdown matched by us

    Base
    $0 + $678,156 related
    Bonus
    $0 + $168,917 related
    Other
    $0 + $4,208 related
    Deferred
    $0 + $264,214 related
    Nontaxable benefits
    $0 + $25,660 related
    Filer's total
    $0 + $1,141,155 related

  • Lynette Barnes

    FORMER - KEY EMPLOYEE

    Total calculated
    $430,793
    From this org
    $0
    From related orgs
    $405,709
    Other
    $25,084
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $282,567 related
    Bonus
    $0 + $78,065 related
    Other
    $0 + $45,077 related
    Deferred
    $0 + $25,002 related
    Nontaxable benefits
    $0 + $82 related
    Filer's total
    $0 + $430,793 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 — 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

  • 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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE BOARD OF TRUSTEES OF THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS INC., THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES; WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT; HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS; ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED; AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. THE COMMITTEE APPROVES ALL ANNUAL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. THE COMPENSATION COMMITTEE RELIES UPON A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY-SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR WHICH HAS WORKED WITH THE CARLE FOUNDATION AND MAKES ITS REPORTS DIRECTLY AVAILABLE TO THE COMPENSATION COMMITTEE.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE 2022 PARTICIPANTS IN THE 457(F) PLAN OFFERED BY THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS, INC., THAT ARE LISTED IN THE 990 PART VII INCLUDE JAMES LEONARD, MD, MATTHEW KOLB, DENNIS HESCH, LAUREN SCHMID, NICHOLAS CROMPTON, DAWN WALDEN, LYNETTE BARNES, AND LAURENCE FALLON. THE 2022 PAYMENTS FROM THE 457(F) PLAN WERE MADE TO JAMES LEONARD, MD ($497), MATTHEW KOLB ($155,067), LAUREN SCHMID ($95,210), DAWN WALDEN ($68,421), AND LYNETTE BARNES ($43,265).
Schedule J, Part I, Line 7 Non-fixed payments
PART OF THE OVERALL EMPLOYEE'S COMPENSATION PROGRAM INCLUDES AN INCENTIVE COMPONENT THAT COVERS MOST EMPLOYEES AND IS DESIGNED TO ENCOURAGE AND PROMOTE THE ACHIEVEMENT OF CERTAIN QUALITY, OPERATIONAL, AND EFFICIENCY IMPROVEMENTS. ALTHOUGH THIS INCENTIVE COMPONENT IS BASED ON THE ORGANIZATION MEETING CERTAIN MINIMUM FINANCIAL THRESHOLDS, ALL PAYMENTS MUST BE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO ANY INCENTIVE PAYOUT.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202333199349319398

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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