Maple Knoll Communities INC FY2021 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 1934Human ServicesEIN 31-0544277

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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

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
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
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 · $83K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$110.2M
89% of total assets
Concern: liabilities are 89% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$44.6M
-3% vs prior year
Spent
$47.2M
To programs
90%
Net assets
$12.9M
By yearFY2020–FY2024
Revenue
$44.6M
FY2021▼ -3%
Revenue by fiscal year
FY2020$46.0M
FY2021$44.6M
FY2022$48.6M
FY2022$60.1M
FY2023$46.8M
FY2024$49.0M
Expenses
$47.2M
FY2021+0.2%
Expenses by fiscal year
FY2020$47.1M
FY2021$47.2M
FY2022$48.1M
FY2022$24.8M
FY2023$50.3M
FY2024$50.4M
Net assets
$12.9M
FY2021▼ -23%
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 FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 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% · $42.5M Management & general 10% · $4.5M Fundraising 0% · $145K

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

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

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President, CEO
$435,117Pt VII · Sec A
Vice President
$246,952Pt VII · Sec A
Vice President
$179,948Pt VII · Sec A
$170,184Pt VII · Sec A
Vice President
$141,701Pt VII · Sec A
Vice President
$127,837Pt VII · Sec A
Wmkv Development Director
$118,260Pt VII · Sec A
Physical Therapist
$115,841Pt 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.

Provided by the organization

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3 program services account for $42.1M of program spending, described in the organization's own filed words · FY2020.
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 145-BED nursing facility.

$28.1Mprogram 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.

$13.2Mprogram 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.

$750Kprogram 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 · 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 FY2021 990, line by line.

1The main four
Money inPt VIII
$44.6M
Ln 12
Fees for servicesLn 2g$39.3M
Gifts and grantsLn 1h$3.3M
Investment incomeLn 3$1.6M
Money outPt IX
$47.2M
Ln 25
Programscol B$42.5M
Managementcol C$4.5M
Fundraisingcol D$145K
Owns and owesPt X
$12.9M
net assets · Ln 32
Cash and savingsLn 1–2$1.9M
Total assetsLn 16$123.1M
LiabilitiesLn 26$110.2M
PeoplePt VI, VII
25
listed · VII A
PaidVII A11
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.3M
Government grantsLn 1e$2.1M
Noncash giftsLn 1g$5K
Fundraising eventsLn 1c$48K
Fees for servicesLn 2g$39.3M
Investment incomeLn 3$1.6M
Other incomeLn 4–11$420K
Gains on assetsLn 7$632K
Total revenueLn 12$44.6M
Assets in detailPt X, end of year
CashLn 1$1.9M
Cash and savings togetherLn 1–2$1.9M
InvestmentsLn 11–13$30.1M
Land, buildings, equipmentLn 10c$81.1M
Other assetsLn 15$8.0M
Total assetsLn 16$123.1M
LiabilitiesLn 26$110.2M
Net assetsLn 32$12.9M
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 FY21End FY21
Cash and savingsLn 1–2$5.3M$1.9M
InvestmentsLn 11–13$26.0M$30.1M
Land, buildings, equipmentLn 10c$77.6M$81.1M
Total assetsLn 16$123.4M$123.1M
LiabilitiesLn 26$106.6M$110.2M
Net assetsLn 32$16.8M$12.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$602K$602K
Pay of current officers, directors and key staffLn 5$1.4M$1.4M
Other salaries and wagesLn 7$15.1M$15.0M$10K$120K
Pension plan contributionsLn 8$395K$367K$27K
Other employee benefitsLn 9$2.5M$2.4M$104K
Payroll taxesLn 10$1.6M$1.4M$189K
Legal feesLn 11b$157K$157K
Accounting feesLn 11c$128K$128K
Investment management feesLn 11f$195K$195K
Other fees for servicesLn 11g$2.9M$2.6M$240K
Advertising and promotionLn 12$388K$276K$112K
Office expensesLn 13$4.9M$3.9M$932K$24K
Information technologyLn 14$799K$130K$669K
OccupancyLn 16$3.7M$3.7M
TravelLn 17$92K$88K$4K
InterestLn 20$3.5M$3.4M$47K
Depreciation, depletion and amortizationLn 22$5.6M$5.5M$76K
InsuranceLn 23$605K$605K
Other expenses (24a–d)Ln 24$2.6M$2.4M$219K
All other expensesLn 24e$19K$19K
Total functional expensesLn 25$47.2M$42.5M$4.5M$145K

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 Viewing $44.6M$47.2M−$2.6M$12.9M 990 PDF
FY2020 $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 FY2021 990 (4 parts)
Part VIII · Statement of revenue $44,611,272 across 13 lines filed
Lines not itemized here account for $207,907 of total revenue; see the IRS return.
VIII-1b Membership dues$25,000
VIII-1c Fundraising events$48,342
VIII-1e Government grants$2,127,604
VIII-1f All other contributions, gifts and grants$1,102,873
VIII-1g Noncash contributions (included above)$5,394
VIII-1h Total contributions, gifts and grants$3,303,819
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $39,321,141$39,321,141
VIII-3 Investment incomeExcluded from tax $934,173$934,173
VIII-6 Net rental income or lossExcluded from tax −$87,038−$87,038
VIII-7 Net gain or loss on sales of assetsExcluded from tax $632,387$632,387
VIII-8 Net income from fundraising eventsExcluded from tax −$4,544−$4,544
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $62,176 · Excluded from tax $241,251$303,427
VIII-12 Total revenueRelated to mission $39,383,317 · Unrelated business $0 · Excluded from tax $1,973,161$44,611,272
Part IX · Statement of functional expenses $47,198,139 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $601,879$601,879
IX-5 Pay of current officers, directors and key staffManagement $1,412,033$1,412,033
IX-7 Other salaries and wagesPrograms $14,996,739 · Management $10,136 · Fundraising $120,261$15,127,136
IX-8 Pension plan contributionsPrograms $367,391 · Management $27,386$394,777
IX-9 Other employee benefitsPrograms $2,436,337 · Management $103,506$2,539,843
IX-10 Payroll taxesPrograms $1,449,294 · Management $188,583$1,637,877
IX-11b Legal feesManagement $156,655$156,655
IX-11c Accounting feesManagement $128,400$128,400
IX-11f Investment management feesManagement $195,395$195,395
IX-11g Other fees for servicesPrograms $2,646,928 · Management $240,263$2,887,191
IX-12 Advertising and promotionPrograms $275,998 · Management $111,586$387,584
IX-13 Office expensesPrograms $3,942,228 · Management $932,230 · Fundraising $24,273$4,898,731
IX-14 Information technologyPrograms $130,255 · Management $668,657$798,912
IX-16 OccupancyPrograms $3,675,014$3,675,014
IX-17 TravelPrograms $88,211 · Management $3,562$91,773
IX-20 InterestPrograms $3,424,696 · Management $46,571$3,471,267
IX-22 Depreciation, depletion and amortizationPrograms $5,510,997 · Management $76,000$5,586,997
IX-23 InsurancePrograms $604,565$604,565
IX-24 Other expenses (24a–d)Programs $2,363,374 · Management $219,322$2,582,696
IX-24e All other expensesPrograms $19,414$19,414
IX-25 Total functional expensesPrograms $42,533,320 · Management $4,520,285 · Fundraising $144,534$47,198,139
Part X · Balance sheet $123,123,326 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $5,297,111$1,930,759
X-3 Pledges and grants receivableStart of year $211,771$49,602
X-4 Accounts receivableStart of year $1,564,511$1,286,493
X-9 Prepaid expenses and deferred chargesStart of year $651,350$556,866
X-10c Land, buildings and equipment, netStart of year $77,558,103$81,118,277
X-11 Publicly traded securitiesStart of year $11,992,687$12,655,562
X-12 Other securitiesStart of year $14,043,719$17,479,597
X-15 Other assetsStart of year $12,108,142$8,046,170
X-16 Total assetsStart of year $123,427,394$123,123,326
X-17 Accounts payable and accrued expensesStart of year $8,214,509$5,761,771
X-19 Deferred revenueStart of year $31,604,841$31,893,524
X-20 Tax-exempt bond liabilitiesStart of year $58,272,037$67,477,539
X-25 Other liabilitiesStart of year $8,422,685$4,978,940
X-26 Total liabilitiesStart of year $106,604,254$110,186,157
X-27 Net assets without donor restrictionsStart of year $5,438,783−$234,169
X-28 Net assets with donor restrictionsStart of year $11,384,357$13,171,338
X-32 Total net assets or fund balancesStart of year $16,823,140$12,937,169
X-33 Total liabilities and net assetsStart of year $123,427,394$123,123,326
Part XI · Reconciliation of net assets $12,937,169 net assets at year end
XI-1 Total revenue$44,611,272
XI-2 Total expenses$47,198,139
XI-3 Revenue less expenses−$2,586,867
XI-4 Net assets at start of year$16,823,140
XI-5 Net unrealized gains (losses) on investments$1,080,780
XI-9 Other changes in net assets−$2,379,884
XI-10 Net assets at end of year$12,937,169

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

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