Maple Knoll Communities INC FY2022 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 1934Human ServicesEIN 31-0544277Revenue $60.1M in FY2022

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.
86¢ of each $1 spent went to programs.
$2.0M 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

FY2022 · 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
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
$2.0M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
1 mo
of spending, in cash
Fine: 1.4 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
$110.3M
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$60.1M
+24% vs prior year
Spent
$24.8M
To programs
86%
Net assets
$45.4M
By yearFY2020–FY2024
Revenue
$60.1M
FY2022▲ +24%
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
$24.8M
FY2022▼ -48%
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
$45.4M
FY2022▲ +361%
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 FY2022 Form 990 · 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

86 cents of each dollar spent went to programs.

Program services 86% · $21.4M Management & general 13% · $3.3M Fundraising 0% · $103K

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

12 people listed on the 990; $2.0M paid to officers and key staff.

Part VII, Section A · reportable compensation
Former President/CEO
$626,872Pt VII · Sec A
$244,945Pt VII · Sec A
Vice President, Finance
$198,749Pt VII · Sec A
Vice President
$171,134Pt VII · Sec A
Vice President
$137,430Pt VII · Sec A
Vice President
$134,587Pt VII · Sec A
$117,462Pt VII · Sec A
Wmkv Development Director
$115,692Pt 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 · $21.4M · in their own filed words · FY2022
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.

$14.4Mprogram 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.

$6.5Mprogram expense
03

Maple knoll outreach services for seniors staff and volunteers set forth to provide home and community-based services to over 1,000 older adults throughout 35 greater cincinnati communities this past fiscal YEAR.MEALS on wheels offered through maple knoll outreach services for seniors provided more than just a nutritious meal.

$410Kprogram 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 FY2022 990, line by line.

1The main four
Money inPt VIII
$60.1M
Ln 12
Investment incomeLn 3$31.1M
Fees for servicesLn 2g$20.9M
Gifts and grantsLn 1h$7.8M
Money outPt IX
$24.8M
Ln 25
Programscol B$21.4M
Managementcol C$3.3M
Fundraisingcol D$103K
Owns and owesPt X
$45.4M
net assets · Ln 32
Cash and savingsLn 1–2$3.0M
Total assetsLn 16$155.6M
LiabilitiesLn 26$110.3M
PeoplePt VI, VII
12
listed · VII A
PaidVII A10
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.8M
Government grantsLn 1e$7.3M
Fundraising eventsLn 1c$10K
Fees for servicesLn 2g$20.9M
Investment incomeLn 3$31.1M
Other incomeLn 4–11$315K
Gains on assetsLn 7$28.1M
Total revenueLn 12$60.1M
Assets in detailPt X, end of year
CashLn 1$3.0M
Cash and savings togetherLn 1–2$3.0M
InvestmentsLn 11–13$28.7M
Land, buildings, equipmentLn 10c$110.2M
Other assetsLn 15$4.3M
Total assetsLn 16$155.6M
LiabilitiesLn 26$110.3M
Net assetsLn 32$45.4M
OperationsPt I, VI
EmployeesI 51,307
VolunteersI 6416
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 FY22End FY22
Cash and savingsLn 1–2$1.0M$3.0M
InvestmentsLn 11–13$26.3M$28.7M
Land, buildings, equipmentLn 10c$81.8M$110.2M
Total assetsLn 16$117.1M$155.6M
LiabilitiesLn 26$107.3M$110.3M
Net assetsLn 32$9.8M$45.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$108K$108K
Grants to domestic individualsLn 2$164K$164K
Pay of current officers, directors and key staffLn 5$1.1M$1.1M
Other salaries and wagesLn 7$6.7M$6.4M$197K$55K
Pension plan contributionsLn 8$232K$182K$48K$2K
Other employee benefitsLn 9$1.5M$1.4M$125K$9K
Payroll taxesLn 10$610K$526K$80K$4K
Legal feesLn 11b$34K$34K
Accounting feesLn 11c$54K$54K
Investment management feesLn 11f$94K$94K
Other fees for servicesLn 11g$1.9M$1.7M$208K
Advertising and promotionLn 12$213K$140K$73K
Office expensesLn 13$1.7M$1.5M$173K$8K
Information technologyLn 14$501K$89K$401K$11K
OccupancyLn 16$2.2M$2.2M$61K
TravelLn 17$142K$78K$64K
InterestLn 20$1.9M$1.9M
Depreciation, depletion and amortizationLn 22$3.1M$3.0M$9K
InsuranceLn 23$320K$320K
Other expenses (24a–d)Ln 24$2.1M$1.9M$226K
All other expensesLn 24e$247K$143K$90K$14K
Total functional expensesLn 25$24.8M$21.4M$3.3M$103K

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 $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 FY2022 990 (6 parts)
Part I · Summary $60,105,830 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,384,885$7,763,930
I-9 Program service revenuePrior year $40,067,965$20,923,398
I-10 Investment incomePrior year $1,584,428$31,103,255
I-11 Other revenuePrior year $549,139$315,247
I-12 Total revenuePrior year $48,586,417$60,105,830
I-13 Grants and similar amounts paidPrior year $504,577$272,618
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $21,135,460$10,081,764
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $26,456,047$14,460,409
I-18 Total expensesPrior year $48,096,084$24,814,791
I-19 Revenue less expensesPrior year $490,333$35,291,039
Part VI · Governance 2 of 2 board members independent, 1 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
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 $60,105,830 across 11 lines filed
Lines not itemized here account for $155,971 of total revenue; see the IRS return.
VIII-1c Fundraising events$10,160
VIII-1e Government grants$7,264,152
VIII-1f All other contributions, gifts and grants$489,618
VIII-1h Total contributions, gifts and grants$7,763,930
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,923,398$20,923,398
VIII-3 Investment incomeExcluded from tax $2,984,491$2,984,491
VIII-6 Net rental income or lossExcluded from tax −$1,749−$1,749
VIII-7 Net gain or loss on sales of assetsExcluded from tax $28,118,764$28,118,764
VIII-8 Net income from fundraising eventsExcluded from tax −$16,110−$16,110
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $177,135$177,135
VIII-12 Total revenueRelated to mission $20,955,970 · Unrelated business $0 · Excluded from tax $31,385,930$60,105,830
Part IX · Statement of functional expenses $24,814,791 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $108,417$108,417
IX-2 Grants to domestic individualsPrograms $164,201$164,201
IX-5 Pay of current officers, directors and key staffManagement $1,083,905$1,083,905
IX-7 Other salaries and wagesPrograms $6,413,209 · Management $197,356 · Fundraising $55,381$6,665,946
IX-8 Pension plan contributionsPrograms $182,043 · Management $48,344 · Fundraising $1,832$232,219
IX-9 Other employee benefitsPrograms $1,356,319 · Management $124,769 · Fundraising $8,809$1,489,897
IX-10 Payroll taxesPrograms $525,847 · Management $79,749 · Fundraising $4,201$609,797
IX-11b Legal feesManagement $34,480$34,480
IX-11c Accounting feesManagement $54,000$54,000
IX-11f Investment management feesManagement $93,825$93,825
IX-11g Other fees for servicesPrograms $1,658,746 · Management $207,890$1,866,636
IX-12 Advertising and promotionPrograms $140,120 · Management $72,800$212,920
IX-13 Office expensesPrograms $1,529,043 · Management $172,613 · Fundraising $8,106$1,709,762
IX-14 Information technologyPrograms $89,488 · Management $400,834 · Fundraising $10,990$501,312
IX-16 OccupancyPrograms $2,167,792 · Management $60,934$2,228,726
IX-17 TravelPrograms $78,006 · Management $63,670$141,676
IX-20 InterestPrograms $1,882,219$1,882,219
IX-22 Depreciation, depletion and amortizationPrograms $3,045,353 · Management $8,567$3,053,920
IX-23 InsuranceManagement $319,541$319,541
IX-24 Other expenses (24a–d)Programs $1,887,833 · Management $226,443$2,114,276
IX-24e All other expensesPrograms $143,332 · Management $90,194 · Fundraising $13,590$247,116
IX-25 Total functional expensesPrograms $21,371,968 · Management $3,339,914 · Fundraising $102,909$24,814,791
Part X · Balance sheet $155,630,296 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $1,042,224$2,997,529
X-3 Pledges and grants receivableStart of year $13,408$240,507
X-4 Accounts receivableStart of year $1,262,588$8,740,454
X-8 Inventories for sale or use$152,105
X-9 Prepaid expenses and deferred chargesStart of year $394,315$266,696
X-10c Land, buildings and equipment, netStart of year $81,801,191$110,229,346
X-11 Publicly traded securitiesStart of year $11,662,987$10,827,988
X-12 Other securitiesStart of year $14,634,555$17,919,404
X-15 Other assetsStart of year $6,303,111$4,256,267
X-16 Total assetsStart of year $117,114,379$155,630,296
X-17 Accounts payable and accrued expensesStart of year $6,776,024$6,475,235
X-19 Deferred revenueStart of year $32,708,593$363,596
X-20 Tax-exempt bond liabilitiesStart of year $66,368,139$67,107,000
X-25 Other liabilitiesStart of year $1,375,675$36,290,577
X-26 Total liabilitiesStart of year $107,274,339$110,273,794
X-27 Net assets without donor restrictionsStart of year −$1,719,374$32,809,840
X-28 Net assets with donor restrictionsStart of year $11,559,414$12,546,662
X-32 Total net assets or fund balancesStart of year $9,840,040$45,356,502
X-33 Total liabilities and net assetsStart of year $117,114,379$155,630,296
Part XI · Reconciliation of net assets $45,356,502 net assets at year end
XI-1 Total revenue$60,105,830
XI-2 Total expenses$24,814,791
XI-3 Revenue less expenses$35,291,039
XI-4 Net assets at start of year$9,840,040
XI-5 Net unrealized gains (losses) on investments−$86,129
XI-9 Other changes in net assets$311,552
XI-10 Net assets at end of year$45,356,502

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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