Quail Summit INC FY2021 filing

Tax-deductible

Canandaigua, NY501(c)(3)Since 1989HousingEIN 16-1564650Revenue $4.2M in FY2021

On file with the IRS5102 Parrish St Ext, 14424-9115 · Canandaigua, NYTax-exempt since Jun 1999Publicly supported — 509(a)(2)

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To provide suitable housing, improved access to health care, and related community services and facilities, in order to meet the needs and requirements of low-to-moderate income elderly residents.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$297K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $160K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$297K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$10.3M
114% of total assets
Concern: liabilities are 114% of assets; over 80%.
Pt X · Ln 26
Independent board members
8
of 8 voting members
Looks good: 8 of 8 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
-21% vs prior year
Spent
$4.8M
To programs
77%
Net assets
−$1.3M
By yearFY2020–FY2025
Revenue
$4.2M
FY2021▼ -21%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.3M
FY2021$4.2M
FY2022$5.1M
FY2023$5.6M
FY2024$6.3M
FY2025$6.4M
Expenses
$4.8M
FY2021▼ -5%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.0M
FY2021$4.8M
FY2022$5.3M
FY2023$6.2M
FY2024$6.5M
FY2025$6.2M
Net assets
−$1.3M
FY2021▼ -42%
Tap a bar for its year
Net assets by fiscal year
FY2020−$889K
FY2021−$1.3M
FY2022−$1.5M
FY2023−$2.0M
FY2024−$2.2M
FY2025−$2.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1999.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $3.7M Management & general 23% · $1.1M

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

10 people listed on the 990; $297K paid to officers and key staff.

Part VII, Section A · reportable compensation
C.e.o./Chairman
$169,544Pt VII · Sec A
Executive Director
$127,519Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Elizabeth Slater’s $101K as Assistant Executive Director is at the 34th percentile of top reported officer pay among 2036 $1–10M housing 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Andrew Tyman————$169,544—
Andrew R Tyman———$163,459——
Laura Hollenbeck—$107,816$106,608$90,019$127,519—
Elizabeth Slater$100,770—————
Gloria Harrington—————$84,150
Vanessa Brookes$48,379—————

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 housing, healthcare, and community services for low-income seniors.

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Provided by the organization

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1 program · $3.7M · in their own filed words · FY2021
01

Assisted living and alzheimer's community designed to serve the varying needs of independent, frail, elderly, and memory-impaired senior adults.

$3.7Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Fees for servicesLn 2g$4.2M
Other incomeLn 4–11$40K
Investment incomeLn 3$274
Money outPt IX
$4.8M
Ln 25
Programscol B$3.7M
Managementcol C$1.1M
Owns and owesPt X
−$1.3M
net assets · Ln 32
Cash and savingsLn 1–2$829K
Total assetsLn 16$9.1M
LiabilitiesLn 26$10.3M
PeoplePt VI, VII
10
listed · VII A
PaidVII A2
Voting boardVI 1a8
IndependentVI 1b8
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$4.2M
Investment incomeLn 3$274
Other incomeLn 4–11$40K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$596K
SavingsLn 2$232K
Cash and savings togetherLn 1–2$829K
Land, buildings, equipmentLn 10c$7.8M
Other assetsLn 15$326K
Total assetsLn 16$9.1M
LiabilitiesLn 26$10.3M
Net assetsLn 32−$1.3M
OperationsPt I, VI
EmployeesI 575
VolunteersI 612
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 FY21End FY21
Cash and savingsLn 1–2$602K$829K
Land, buildings, equipmentLn 10c$8.1M$7.8M
Total assetsLn 16$9.5M$9.1M
LiabilitiesLn 26$10.4M$10.3M
Net assetsLn 32−$889K−$1.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.8M$1.5M$367K
Other employee benefitsLn 9$271K$163K$108K
Payroll taxesLn 10$163K$122K$41K
Other fees for servicesLn 11g$432K$16K$416K
Advertising and promotionLn 12$41K$41K
Office expensesLn 13$83K$27K$56K
OccupancyLn 16$333K$323K$10K
InterestLn 20$370K$370K
Depreciation, depletion and amortizationLn 22$529K$529K
InsuranceLn 23$64K$64K
Other expenses (24a–d)Ln 24$607K$585K$22K
All other expensesLn 24e$32K$11K$21K
Total functional expensesLn 25$4.8M$3.7M$1.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $6.4M$6.2M$176K−$2.0M 990 PDF
FY2024 $6.3M$6.5M−$206K−$2.2M 990 PDF
FY2023 $5.6M$6.2M−$528K−$2.0M 990 PDF
FY2022 $5.1M$5.3M−$208K−$1.5M 990 PDF
FY2021 Viewing $4.2M$4.8M−$536K−$1.3M 990 PDF
FY2020 $5.3M$5.0M$339K−$889K 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 FY2021 990 (6 parts)
Part I · Summary $4,216,784 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $497,897$0
I-9 Program service revenuePrior year $4,173,281$4,176,318
I-10 Investment incomePrior year $1,009$274
I-11 Other revenuePrior year $651,482$40,192
I-12 Total revenuePrior year $5,323,669$4,216,784
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,384,638$2,260,938
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,600,484$2,491,403
I-18 Total expensesPrior year $4,985,122$4,752,341
I-19 Revenue less expensesPrior year $338,547−$535,557
Part VI · Governance 8 of 8 board members independent, no flags
VI-1a Voting members of the governing body8
VI-1b Independent voting members8
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,216,784 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,176,318$4,176,318
VIII-3 Investment incomeExcluded from tax $274$274
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $40,192$40,192
VIII-12 Total revenueRelated to mission $4,176,318 · Unrelated business $0 · Excluded from tax $40,466$4,216,784
Part IX · Statement of functional expenses $4,752,341 across 12 lines filed
IX-7 Other salaries and wagesPrograms $1,459,524 · Management $366,699$1,826,223
IX-9 Other employee benefitsPrograms $163,150 · Management $108,175$271,325
IX-10 Payroll taxesPrograms $121,963 · Management $41,427$163,390
IX-11g Other fees for servicesPrograms $16,377 · Management $416,071$432,448
IX-12 Advertising and promotionManagement $40,811$40,811
IX-13 Office expensesPrograms $27,483 · Management $55,644$83,127
IX-16 OccupancyPrograms $323,269 · Management $9,929$333,198
IX-20 InterestPrograms $369,816$369,816
IX-22 Depreciation, depletion and amortizationPrograms $529,369$529,369
IX-23 InsurancePrograms $64,052$64,052
IX-24 Other expenses (24a–d)Programs $584,785 · Management $22,064$606,849
IX-24e All other expensesPrograms $10,954 · Management $20,779$31,733
IX-25 Total functional expensesPrograms $3,670,742 · Management $1,081,599 · Fundraising $0$4,752,341
Part X · Balance sheet $9,071,618 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $369,600$596,421
X-2 Savings and temporary cash investmentsStart of year $231,964$232,289
X-3 Pledges and grants receivableStart of year $20,817$28,196
X-9 Prepaid expenses and deferred chargesStart of year $87,576$131,145
X-10c Land, buildings and equipment, netStart of year $8,104,079$7,757,204
X-15 Other assetsStart of year $716,479$326,363
X-16 Total assetsStart of year $9,530,515$9,071,618
X-17 Accounts payable and accrued expensesStart of year $133,555$248,509
X-19 Deferred revenueStart of year $69,069$70,115
X-25 Other liabilitiesStart of year $7,700$3,925
X-26 Total liabilitiesStart of year $10,419,359$10,334,019
X-27 Net assets without donor restrictionsStart of year −$888,844−$1,262,401
X-32 Total net assets or fund balancesStart of year −$888,844−$1,262,401
X-33 Total liabilities and net assetsStart of year $9,530,515$9,071,618
Part XI · Reconciliation of net assets −$1,262,401 net assets at year end
XI-1 Total revenue$4,216,784
XI-2 Total expenses$4,752,341
XI-3 Revenue less expenses−$535,557
XI-4 Net assets at start of year−$888,844
XI-9 Other changes in net assets$162,000
XI-10 Net assets at end of year−$1,262,401

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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