Duncaster Incorporated FY2023 filing

Tax-deductible

Bloomfield, CT501(c)(3)Since 1984Human ServicesEIN 06-1051218

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Enrich the lives through excellence in senior living and life enhancement activities

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$1.1M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $550K a year · 2% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.1M
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.2M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$71.0M
94% of total assets
Concern: liabilities are 94% of assets; over 80%.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$32.7M
+5% vs prior year
Spent
$32.6M
To programs
86%
Net assets
$4.4M
By yearFY2020–FY2024
Revenue
$32.7M
FY2023▲ +5%
Revenue by fiscal year
FY2020$30.7M
FY2021$31.5M
FY2022$31.0M
FY2023$32.7M
FY2024$33.5M
Expenses
$32.6M
FY2023▲ +6%
Expenses by fiscal year
FY2020$28.6M
FY2021$30.5M
FY2022$30.9M
FY2023$32.6M
FY2024$34.0M
Net assets
$4.4M
FY2023▼ -18%
Net assets by fiscal year
FY2020$4.1M
FY2021$7.0M
FY2022$5.4M
FY2023$4.4M
FY2024$3.6M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $28.2M Management & general 13% · $4.4M Fundraising 0% · $17K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

24 people listed on the 990; $1.1M paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$288,520Pt VII · Sec A
$213,042Pt VII · Sec A
Vice President of Health Services
$204,235Pt VII · Sec A
Vice President of Human Resources
$153,533Pt VII · Sec A
VP of Facilities & Management
$137,775Pt VII · Sec A
VP of Community Life & Resident Svcs
$127,769Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member (thru 05/23)
$0Pt VII · Sec A

Kelly Papa’s $306K as President & CEO is at the 77th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Michael O'Brien————$325,006
Michael a O'Brien———$308,550—
Kelly Papa$305,536$288,520$211,721$184,983—
Robert Leake$225,624$213,042———
Ami Desai$213,867$204,235$186,759$161,375—
Joseph Tedone$176,661$153,533$135,772——
Marc J Zirolli$175,962————
Elizabeth Anderson————$168,762

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides excellent senior living and life enhancement activities to enrich lives.

Provided by the organization

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1 program service account for $28.2M of program spending, described in the organization's own filed words · FY2023.
01

Duncaster is an award-winning continuing care retirement community whose mission is to offer a high quality independent lifestyle to senior adults through innovative housing, wide-ranging services, wellness programs and compassionate health care.

$28.2Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$1.2M
Grants paid · 2 grants · $30K · 2023–2024

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$32.7M
Ln 12
Fees for servicesLn 2g$27.4M
Investment incomeLn 3$3.3M
Gifts and grantsLn 1h$1.1M
Money outPt IX
$32.6M
Ln 25
Programscol B$28.2M
Managementcol C$4.4M
Fundraisingcol D$17K
Owns and owesPt X
$4.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.5M
Total assetsLn 16$75.4M
LiabilitiesLn 26$71.0M
PeoplePt VI, VII
24
listed · VII A
PaidVII A6
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Fundraising eventsLn 1c$93K
Fees for servicesLn 2g$27.4M
Investment incomeLn 3$3.3M
Other incomeLn 4–11$933K
Gains on assetsLn 7$2.8M
Total revenueLn 12$32.7M
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$300K
Cash and savings togetherLn 1–2$1.5M
InvestmentsLn 11–13$10.2M
Land, buildings, equipmentLn 10c$55.4M
Other assetsLn 15$5.7M
Total assetsLn 16$75.4M
LiabilitiesLn 26$71.0M
Net assetsLn 32$4.4M
OperationsPt I, VI
EmployeesI 5395
VolunteersI 619
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$536K$1.5M
InvestmentsLn 11–13$12.4M$10.2M
Land, buildings, equipmentLn 10c$53.1M$55.4M
Total assetsLn 16$73.5M$75.4M
LiabilitiesLn 26$68.1M$71.0M
Net assetsLn 32$5.4M$4.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Pay of current officers, directors and key staffLn 5$335K$335K
Other salaries and wagesLn 7$13.2M$11.8M$1.5M
Pension plan contributionsLn 8$332K$332K
Other employee benefitsLn 9$2.2M$2.1M$72K$17K
Payroll taxesLn 10$926K$876K$50K
Legal feesLn 11b$93K$93K
Accounting feesLn 11c$79K$79K
Other fees for servicesLn 11g$1.5M$1.4M$93K
Advertising and promotionLn 12$714K$714K
Office expensesLn 13$446K$144K$302K
Information technologyLn 14$137K$137K
OccupancyLn 16$3.2M$3.0M$156K
TravelLn 17$141K$135K$6K
InterestLn 20$945K$907K$38K
Depreciation, depletion and amortizationLn 22$4.2M$3.9M$227K
InsuranceLn 23$388K$388K
Other expenses (24a–d)Ln 24$3.5M$3.3M$147K
All other expensesLn 24e$194K$90K$105K
Total functional expensesLn 25$32.6M$28.2M$4.4M$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $33.5M$34.0M−$496K$3.6M 990 PDF
FY2023 Viewing $32.7M$32.6M$89K$4.4M 990 PDF
FY2022 $31.0M$30.9M$98K$5.4M 990 PDF
FY2021 $31.5M$30.5M$978K$7.0M 990 PDF
FY2020 $30.7M$28.6M$2.1M$4.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $32,697,505 across 10 lines filed
VIII-1c Fundraising events$92,526
VIII-1d Related organizations$762,535
VIII-1f All other contributions, gifts and grants$276,452
VIII-1h Total contributions, gifts and grants$1,131,513
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $27,359,019$27,359,019
VIII-3 Investment incomeExcluded from tax $515,078$515,078
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,759,231$2,759,231
VIII-8 Net income from fundraising eventsExcluded from tax −$12,155−$12,155
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $944,819$944,819
VIII-12 Total revenueRelated to mission $28,303,838 · Unrelated business $0 · Excluded from tax $3,262,154$32,697,505
Part IX · Statement of functional expenses $32,608,400 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $15,000$15,000
IX-5 Pay of current officers, directors and key staffManagement $335,420$335,420
IX-7 Other salaries and wagesPrograms $11,776,934 · Management $1,456,399$13,233,333
IX-8 Pension plan contributionsPrograms $331,642$331,642
IX-9 Other employee benefitsPrograms $2,149,816 · Management $72,456 · Fundraising $17,187$2,239,459
IX-10 Payroll taxesPrograms $876,093 · Management $50,019$926,112
IX-11b Legal feesManagement $92,588$92,588
IX-11c Accounting feesManagement $78,530$78,530
IX-11g Other fees for servicesPrograms $1,433,435 · Management $93,315$1,526,750
IX-12 Advertising and promotionManagement $714,256$714,256
IX-13 Office expensesPrograms $143,807 · Management $301,921$445,728
IX-14 Information technologyManagement $136,779$136,779
IX-16 OccupancyPrograms $3,044,394 · Management $155,882$3,200,276
IX-17 TravelPrograms $135,492 · Management $5,635$141,127
IX-20 InterestPrograms $907,067 · Management $37,794$944,861
IX-22 Depreciation, depletion and amortizationPrograms $3,942,585 · Management $226,633$4,169,218
IX-23 InsuranceManagement $387,546$387,546
IX-24 Other expenses (24a–d)Programs $3,348,277 · Management $147,279$3,495,556
IX-24e All other expensesPrograms $89,645 · Management $104,574$194,219
IX-25 Total functional expensesPrograms $28,194,187 · Management $4,397,026 · Fundraising $17,187$32,608,400
Part X · Balance sheet $75,402,666 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $332,340$1,165,115
X-2 Savings and temporary cash investmentsStart of year $203,397$299,619
X-4 Accounts receivableStart of year $1,719,036$2,267,409
X-9 Prepaid expenses and deferred chargesStart of year $338,327$309,639
X-10c Land, buildings and equipment, netStart of year $53,114,908$55,430,786
X-11 Publicly traded securitiesStart of year $12,380,981$10,234,353
X-15 Other assetsStart of year $5,453,142$5,695,745
X-16 Total assetsStart of year $73,542,131$75,402,666
X-17 Accounts payable and accrued expensesStart of year $7,925,025$7,573,831
X-19 Deferred revenueStart of year $37,524,973$41,003,574
X-20 Tax-exempt bond liabilitiesStart of year $21,929,000$20,911,000
X-25 Other liabilitiesStart of year $706,641$706,641
X-26 Total liabilitiesStart of year $68,108,543$70,953,373
X-27 Net assets without donor restrictionsStart of year $5,433,588$4,449,293
X-32 Total net assets or fund balancesStart of year $5,433,588$4,449,293
X-33 Total liabilities and net assetsStart of year $73,542,131$75,402,666
Part XI · Reconciliation of net assets $4,449,293 net assets at year end
XI-1 Total revenue$32,697,505
XI-2 Total expenses$32,608,400
XI-3 Revenue less expenses$89,105
XI-4 Net assets at start of year$5,433,588
XI-5 Net unrealized gains (losses) on investments−$861,910
XI-9 Other changes in net assets−$211,490
XI-10 Net assets at end of year$4,449,293

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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