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Nonprofiteer
← MOUNTAIN LIVING COMMUNITY INC

Form 990 for tax year 2024

Filed by MOUNTAIN LIVING COMMUNITY INC.

Totals

Total revenue
$598,065
Total expenses
$998,378
Contributions and grants received
$11,228
Grants paid
$0
Program service revenue
$586,837
Investment income
$0
Other revenue
$0
Total assets, end of year
$400,417
Total liabilities, end of year
$2,611,730
Net assets or fund balances, end of year
-$2,211,313
Program services expenses (Part IX)
$856,937
Management and general expenses
$141,441
Fundraising expenses
$0
Program service expenses (Part III)
$856,937

Program services were 85.8% 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

    $11,228

  • 1g · Noncash contributions included above

    $1,683

  • 2a · Program service revenue: RESIDENT RENT

    total $586,837 · related or exempt $586,837

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $449,408 · program services $360,072 · management and general $89,336

  • 9 · Other employee benefits

    total $6,692 · program services $6,171 · management and general $521

  • 10 · Payroll taxes

    total $34,194 · program services $27,360 · management and general $6,834

  • 11c · Fees: accounting

    total $4,500 · management and general $4,500

  • 12 · Advertising and promotion

    total $9,451 · management and general $9,451

  • 13 · Office expenses

    total $3,481 · management and general $3,481

  • 14 · Information technology

    total $21,202 · management and general $21,202

  • 17 · Travel

    total $29 · program services $29

  • 20 · Interest

    total $1,720 · management and general $1,720

  • 22 · Depreciation, depletion and amortization

    total $589 · program services $589

  • 23 · Insurance

    total $56,065 · program services $56,065

  • 24a · Other expenses: RENT EXPENSE

    total $271,800 · program services $271,800

  • 24b · Other expenses: SUPPLIES

    total $53,275 · program services $53,275

  • 24c · Other expenses: UTILITIES

    total $52,198 · program services $52,198

  • 24d · Other expenses: MAINTENANCE EXPENSE

    total $13,764 · program services $13,764

  • 24e · All other expenses

    total $20,010 · program services $15,614 · management and general $4,396

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $42,249 · end of year $66,450

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,887 · end of year $11,046

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

    $776,387

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

    $453,566

  • 10c · Land, buildings and equipment, net

    beginning of year $547,931 · end of year $322,821

  • 15 · Other assets

    beginning of year $100 · end of year $100

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,651 · end of year $24,448

  • 25 · Other liabilities

    beginning of year $2,393,516 · end of year $2,587,282

  • 31 · Retained earnings, endowment or other funds

    beginning of year -$1,811,000 · end of year -$2,211,313

Mission and programs · 2024

Mission

TO PROVIDE ASSISTED LIVING TO ELDERLY AND HANDICAPPED RESIDENTS WHO NEED ASSISTANCE WITH DAILY LIVING AS WELL AS HELP WITH MEDICATIONS AND DURABLE MEDICAL EQUIPMENT.

  • MOUNTAIN LIVING COMMUNITY PROVIDES ASSISTED LIVING TO ELDERLY AND HANDICAPPED RESIDENTS WHO NEED ASSISTANCE WITH DAILY LIVING, MEDICATIONS AND DURABLE MEDICAL EQUIPMENT. THERE ARE 12 ROOMS AND CAN BE LICENSED FOR 24 ASSISTED LIVING BEDS.

    Expenses $856,937 · Revenue $586,837

As filed on the 2024 return.

Listed in Part VII

  • Kaitlyn Beeson

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1
  • William Calhoun

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amanda Jones

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Donald R Trimble II

    ADMINISTRATO

    Total calculated
    $0
    Hours/week
    10

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.0
Source object
202503219349309305

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