Maple Knoll Communities INC FY2020 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 1934Human ServicesEIN 31-0544277Revenue $46.0M in FY2020

On file with the IRSmkcommunities.org11100 Springfield Pike, 45246-4112 · Cincinnati, OHTax-exempt since May 1934Publicly supported — 509(a)(2)

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Maple Knoll Communities, INC. Is a not-for-profit corporation which provides housing, health care and other related services and activities for the benefit of the elderly. Maple Knoll Communities owns and operates two continuing care retirement Communities (ccrc) located in cincinnati, ohio and oxford, ohio.

501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
$1.9M 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

FY2020 · 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
1 of 5
filings with a surplus
Average deficit $1.6M a year · 3% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
90%
of spending
Looks good: 90% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.9M
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $83K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$106.6M
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$46.0M
Spent
$47.1M
To programs
90%
Net assets
$16.8M
By yearFY2020–FY2024
Revenue
$46.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$46.0M
FY2021$44.6M
FY2022$48.6M
FY2022$60.1M
FY2023$46.8M
FY2024$49.0M
Expenses
$47.1M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$47.1M
FY2021$47.2M
FY2022$48.1M
FY2022$24.8M
FY2023$50.3M
FY2024$50.4M
Net assets
$16.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$16.8M
FY2021$12.9M
FY2022$9.8M
FY2022$45.4M
FY2023$45.3M
FY2024$47.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1934.

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

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $42.6M Management & general 9% · $4.4M Fundraising 0% · $148K

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

28 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
President, CEO
$536,275Pt VII · Sec A
Vice President
$213,771Pt VII · Sec A
$160,724Pt VII · Sec A
Vice President
$157,021Pt VII · Sec A
Wmkv Development Director
$121,876Pt VII · Sec A
Physical Therapist
$117,121Pt VII · Sec A
Speech Therapist
$115,186Pt VII · Sec A
Director of Nursing
$114,791Pt VII · Sec A

Andrew C Craig’s $165K as Vice President is at the 27th 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

NameFY2024FY2023FY2022FY2022FY2021FY2020
James Formal—$405,833$626,872$411,122$435,117$536,275
Timothy McGowan—$226,627$244,945$303,159$246,952$213,771
James Stahl—$191,042$198,749$170,112$170,184$160,724
Andrew Craig—$182,275$171,134$162,740$179,948$157,021
Andrew C Craig$165,070—————
Megan Ulrich—$145,526$137,430$140,909$127,837$112,651
Beth Thress—$134,343$134,587$126,756$141,701$99,863
John Ammerman$135,666$127,544————

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 15aNo

Programs and updates

Provides housing, healthcare, and outreach services, including Meals on Wheels, through two continuing care retirement communities and community programs for older adults in Ohio.

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Provided by the organization

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3 programs · $42.3M · in their own filed words · FY2019
01

"maple Knoll Village"

Maple knoll village is a non-profit continuing care retirement community with a history of more than 170 years. Located on a beautiful 54-ACRE campus, our community offers 292 villas and apartments, 63 assisted living apartments and a 141-BED nursing facility.

$28.6Mprogram expense
02

"the Knolls of Oxford"

The knolls of oxford is a non-profit continuing care retirement community with culture and charm. Located on a beautiful 85-ACRE campus, the community offers 108 villas, 28 assisted living apartments and a 62-BED skilled nursing facility and rehabilitation center. The community boasts of a unique affiliation with miami university.

$13.0Mprogram expense
03

Maple knoll outreach services for seniors staff and volunteers set forth to provide services to over 900 older adults throughout 35 communities this past fiscal year. Meals on wheels offered through maple knoll outreach services for seniors provided more than just a nutritious meal.

$731Kprogram expense

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 · FY2025
Total grants receivedfrom 2 funders$83K
Grants paid · 7 grants · $2.8M · 2019–2024
Unitemized GrantFY2024$462,094
Unitemized GrantFY2023$358,194
Unitemized GrantFY2022$164,201
Unitemized GrantFY2021$502,629
Unitemized GrantFY2020$601,879
Unitemized GrantFY2019$610,394

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$46.0M
Ln 12
Fees for servicesLn 2g$41.9M
Gifts and grantsLn 1h$2.1M
Investment incomeLn 3$1.5M
Money outPt IX
$47.1M
Ln 25
Programscol B$42.6M
Managementcol C$4.4M
Fundraisingcol D$148K
Owns and owesPt X
$16.8M
net assets · Ln 32
Cash and savingsLn 1–2$5.3M
Total assetsLn 16$123.4M
LiabilitiesLn 26$106.6M
PeoplePt VI, VII
28
listed · VII A
PaidVII A11
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Government grantsLn 1e$660K
Noncash giftsLn 1g$42K
Fundraising eventsLn 1c$9K
Fees for servicesLn 2g$41.9M
Investment incomeLn 3$1.5M
Other incomeLn 4–11$478K
Gains on assetsLn 7$480K
Total revenueLn 12$46.0M
Assets in detailPt X, end of year
CashLn 1$5.3M
Cash and savings togetherLn 1–2$5.3M
InvestmentsLn 11–13$26.0M
Land, buildings, equipmentLn 10c$77.6M
Other assetsLn 15$12.1M
Total assetsLn 16$123.4M
LiabilitiesLn 26$106.6M
Net assetsLn 32$16.8M
OperationsPt I, VI
EmployeesI 51,307
VolunteersI 6416
Fiscal year endsHeaderJune
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 FY20End FY20
Cash and savingsLn 1–2$1.2M$5.3M
InvestmentsLn 11–13$27.6M$26.0M
Land, buildings, equipmentLn 10c$80.0M$77.6M
Total assetsLn 16$119.8M$123.4M
LiabilitiesLn 26$101.6M$106.6M
Net assetsLn 32$18.2M$16.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$611K$611K
Pay of current officers, directors and key staffLn 5$1.4M$1.4M
Other salaries and wagesLn 7$17.7M$17.2M$461K$118K
Pension plan contributionsLn 8$428K$399K$29K
Other employee benefitsLn 9$2.6M$2.4M$160K
Payroll taxesLn 10$1.8M$1.6M$198K
Legal feesLn 11b$84K$84K
Accounting feesLn 11c$119K$119K
Investment management feesLn 11f$196K$196K
Other fees for servicesLn 11g$338K$198K$140K
Advertising and promotionLn 12$322K$250K$72K
Office expensesLn 13$4.5M$3.9M$574K$30K
Information technologyLn 14$817K$125K$691K
OccupancyLn 16$3.3M$3.3M
TravelLn 17$51K$47K$4K
InterestLn 20$3.6M$3.6M
Depreciation, depletion and amortizationLn 22$5.5M$5.5M
InsuranceLn 23$560K$560K
Other expenses (24a–d)Ln 24$3.1M$2.8M$336K
All other expensesLn 24e$80K$80K
Total functional expensesLn 25$47.1M$42.6M$4.4M$148K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $49.0M$50.4M−$1.4M$47.5M 990 PDF
FY2023 $46.8M$50.3M−$3.5M$45.3M 990 PDF
FY2022 $48.6M$48.1M$490K$9.8M 990 PDF
FY2021 $44.6M$47.2M−$2.6M$12.9M 990 PDF
FY2020 Viewing $46.0M$47.1M−$1.2M$16.8M 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 FY2020 990 (6 parts)
Part I · Summary $45,952,076 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,861,842$2,105,161
I-9 Program service revenuePrior year $42,258,508$41,908,883
I-10 Investment incomePrior year $1,487,282$1,459,689
I-11 Other revenuePrior year $696,142$478,343
I-12 Total revenuePrior year $46,303,774$45,952,076
I-13 Grants and similar amounts paidPrior year $538,774$611,019
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $25,160,970$23,910,565
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $22,408,625$22,598,581
I-18 Total expensesPrior year $48,108,369$47,120,165
I-19 Revenue less expensesPrior year −$1,804,595−$1,168,089
Part VI · Governance 17 of 17 board members independent, 1 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-15a Process for setting top official's payNo
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
Part VIII · Statement of revenue $45,952,076 across 13 lines filed
Lines not itemized here account for $146,130 of total revenue; see the IRS return.
VIII-1b Membership dues$23,042
VIII-1c Fundraising events$8,864
VIII-1e Government grants$659,836
VIII-1f All other contributions, gifts and grants$1,413,419
VIII-1g Noncash contributions (included above)$41,798
VIII-1h Total contributions, gifts and grants$2,105,161
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $41,908,883$41,908,883
VIII-3 Investment incomeExcluded from tax $980,169$980,169
VIII-6 Net rental income or lossUnrelated business −$73,385 · Excluded from tax $14,746−$58,639
VIII-7 Net gain or loss on sales of assetsExcluded from tax $479,520$479,520
VIII-8 Net income from fundraising eventsExcluded from tax −$11,863−$11,863
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $402,715$402,715
VIII-12 Total revenueRelated to mission $41,908,883 · Unrelated business −$73,385 · Excluded from tax $2,011,417$45,952,076
Part IX · Statement of functional expenses $47,120,165 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $611,019$611,019
IX-5 Pay of current officers, directors and key staffManagement $1,350,791$1,350,791
IX-7 Other salaries and wagesPrograms $17,167,803 · Management $461,084 · Fundraising $117,775$17,746,662
IX-8 Pension plan contributionsPrograms $399,265 · Management $28,801$428,066
IX-9 Other employee benefitsPrograms $2,427,126 · Management $160,343$2,587,469
IX-10 Payroll taxesPrograms $1,599,818 · Management $197,759$1,797,577
IX-11b Legal feesManagement $83,618$83,618
IX-11c Accounting feesManagement $119,380$119,380
IX-11f Investment management feesManagement $195,614$195,614
IX-11g Other fees for servicesPrograms $197,535 · Management $140,002$337,537
IX-12 Advertising and promotionPrograms $249,679 · Management $71,965$321,644
IX-13 Office expensesPrograms $3,925,671 · Management $574,414 · Fundraising $30,295$4,530,380
IX-14 Information technologyPrograms $125,359 · Management $691,170$816,529
IX-16 OccupancyPrograms $3,344,427$3,344,427
IX-17 TravelPrograms $47,309 · Management $3,549$50,858
IX-20 InterestPrograms $3,563,140$3,563,140
IX-22 Depreciation, depletion and amortizationPrograms $5,483,742$5,483,742
IX-23 InsurancePrograms $559,894$559,894
IX-24 Other expenses (24a–d)Programs $2,775,779 · Management $336,453$3,112,232
IX-24e All other expensesPrograms $79,586$79,586
IX-25 Total functional expensesPrograms $42,557,152 · Management $4,414,943 · Fundraising $148,070$47,120,165
Part X · Balance sheet $123,427,394 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $1,161,340$5,297,111
X-3 Pledges and grants receivableStart of year $704,088$211,771
X-4 Accounts receivableStart of year $1,742,193$1,564,511
X-9 Prepaid expenses and deferred chargesStart of year $282,238$651,350
X-10c Land, buildings and equipment, netStart of year $79,964,107$77,558,103
X-11 Publicly traded securitiesStart of year $13,128,678$11,992,687
X-12 Other securitiesStart of year $14,424,308$14,043,719
X-15 Other assetsStart of year $8,374,289$12,108,142
X-16 Total assetsStart of year $119,781,241$123,427,394
X-17 Accounts payable and accrued expensesStart of year $6,365,202$8,214,509
X-19 Deferred revenueStart of year $31,491,599$31,604,841
X-20 Tax-exempt bond liabilitiesStart of year $59,890,340$58,272,037
X-25 Other liabilitiesStart of year $3,796,505$8,422,685
X-26 Total liabilitiesStart of year $101,614,581$106,604,254
X-27 Net assets without donor restrictionsStart of year $6,518,031$5,438,783
X-28 Net assets with donor restrictionsStart of year $11,648,629$11,384,357
X-32 Total net assets or fund balancesStart of year $18,166,660$16,823,140
X-33 Total liabilities and net assetsStart of year $119,781,241$123,427,394
Part XI · Reconciliation of net assets $16,823,140 net assets at year end
XI-1 Total revenue$45,952,076
XI-2 Total expenses$47,120,165
XI-3 Revenue less expenses−$1,168,089
XI-4 Net assets at start of year$18,166,660
XI-5 Net unrealized gains (losses) on investments$386,117
XI-9 Other changes in net assets−$561,548
XI-10 Net assets at end of year$16,823,140

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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