Maple Knoll Communities INC FY2023 filing

Tax-deductible

Cincinnati, OH501(c)(3)Since 1934Human ServicesEIN 31-0544277Revenue $46.8M in FY2023

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.
87¢ of each $1 spent went to programs.
$1.6M 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

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
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
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
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 · $83K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$109.9M
71% of total assets
Worth a look: liabilities are 71% of assets; over 65%.
Pt X · Ln 26
Independent board members
12
of 14 voting members
Looks good: 12 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
$46.8M
-22% vs prior year
Spent
$50.3M
To programs
87%
Net assets
$45.3M
By yearFY2020–FY2024
Revenue
$46.8M
FY2023▼ -22%
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
$50.3M
FY2023▲ +103%
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
$45.3M
FY2023-0.1%
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 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 May 1934.

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

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $43.6M Management & general 13% · $6.5M Fundraising 0% · $205K

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

23 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
Former President/CEO
$405,833Pt VII · Sec A
$226,627Pt VII · Sec A
Vice President, Finance
$191,042Pt VII · Sec A
Vice President
$182,275Pt VII · Sec A
Vice President
$145,526Pt VII · Sec A
Vice President
$134,343Pt VII · Sec A
Director of Marketing
$127,544Pt VII · Sec A
$108,234Pt 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 15aYes

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 · $42.8M · in their own filed words · FY2023
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 90-BED nursing facility.

$28.9Mprogram 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 57-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 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.

$715Kprogram 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 FY2023 990, line by line.

1The main four
Money inPt VIII
$46.8M
Ln 12
Fees for servicesLn 2g$43.1M
Gifts and grantsLn 1h$1.5M
Investment incomeLn 3$1.3M
Money outPt IX
$50.3M
Ln 25
Programscol B$43.6M
Managementcol C$6.5M
Fundraisingcol D$205K
Owns and owesPt X
$45.3M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$155.2M
LiabilitiesLn 26$109.9M
PeoplePt VI, VII
23
listed · VII A
PaidVII A9
Voting boardVI 1a14
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.5M
Government grantsLn 1e$563K
Noncash giftsLn 1g$31K
Fundraising eventsLn 1c$50K
Fees for servicesLn 2g$43.1M
Investment incomeLn 3$1.3M
Other incomeLn 4–11$1.0M
Gains on assetsLn 7−$476K
Total revenueLn 12$46.8M
Assets in detailPt X, end of year
CashLn 1$2.2M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$30.6M
Land, buildings, equipmentLn 10c$107.8M
Other assetsLn 15$4.6M
Total assetsLn 16$155.2M
LiabilitiesLn 26$109.9M
Net assetsLn 32$45.3M
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 FY23End FY23
Cash and savingsLn 1–2$3.0M$2.2M
InvestmentsLn 11–13$28.7M$30.6M
Land, buildings, equipmentLn 10c$110.2M$107.8M
Total assetsLn 16$155.6M$155.2M
LiabilitiesLn 26$110.3M$109.9M
Net assetsLn 32$45.4M$45.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$2K$2K
Grants to domestic individualsLn 2$358K$358K
Pay of current officers, directors and key staffLn 5$1.1M$1.1M
Other salaries and wagesLn 7$15.4M$14.2M$1.1M$103K
Pension plan contributionsLn 8$413K$335K$75K$3K
Other employee benefitsLn 9$2.9M$2.5M$341K$18K
Payroll taxesLn 10$1.2M$1.0M$153K$8K
Management feesLn 11a$480K$480K
Legal feesLn 11b$111K$111K
Accounting feesLn 11c$78K$78K
Investment management feesLn 11f$200K$200K
Other fees for servicesLn 11g$3.9M$3.7M$250K
Advertising and promotionLn 12$380K$253K$127K
Office expensesLn 13$2.5M$2.1M$363K$13K
Information technologyLn 14$1.1M$265K$832K$25K
OccupancyLn 16$4.4M$4.3M$133K
TravelLn 17$222K$124K$98K
InterestLn 20$4.0M$4.0M
Depreciation, depletion and amortizationLn 22$6.2M$6.2M
InsuranceLn 23$458K$458K
Other expenses (24a–d)Ln 24$4.5M$4.0M$456K
All other expensesLn 24e$212K$53K$122K$36K
Total functional expensesLn 25$50.3M$43.6M$6.5M$205K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $49.0M$50.4M−$1.4M$47.5M 990 PDF
FY2023 Viewing $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 FY2023 990 (6 parts)
Part I · Summary $46,827,056 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,763,930$1,496,861
I-9 Program service revenuePrior year $20,923,398$43,057,625
I-10 Investment incomePrior year $31,103,255$1,259,479
I-11 Other revenuePrior year $315,247$1,013,091
I-12 Total revenuePrior year $60,105,830$46,827,056
I-13 Grants and similar amounts paidPrior year $272,618$360,419
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $10,081,764$21,034,213
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $14,460,409$28,899,353
I-18 Total expensesPrior year $24,814,791$50,293,985
I-19 Revenue less expensesPrior year $35,291,039−$3,466,929
Part VI · Governance 12 of 14 board members independent, no flags
VI-1a Voting members of the governing body14
VI-1b Independent voting members12
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 $46,827,056 across 13 lines filed
Lines not itemized here account for $370,284 of total revenue; see the IRS return.
VIII-1c Fundraising events$50,325
VIII-1d Related organizations$433,418
VIII-1e Government grants$563,198
VIII-1f All other contributions, gifts and grants$449,920
VIII-1g Noncash contributions (included above)$31,300
VIII-1h Total contributions, gifts and grants$1,496,861
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $43,057,625$43,057,625
VIII-3 Investment incomeExcluded from tax $1,735,258$1,735,258
VIII-6 Net rental income or lossExcluded from tax −$15,320−$15,320
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$475,779−$475,779
VIII-8 Net income from fundraising eventsExcluded from tax $24,083$24,083
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $634,044$634,044
VIII-12 Total revenueRelated to mission $43,125,251 · Unrelated business $0 · Excluded from tax $2,204,944$46,827,056
Part IX · Statement of functional expenses $50,293,985 across 22 lines filed
IX-1 Grants to domestic organizationsPrograms $2,225$2,225
IX-2 Grants to domestic individualsPrograms $358,194$358,194
IX-5 Pay of current officers, directors and key staffManagement $1,137,024$1,137,024
IX-7 Other salaries and wagesPrograms $14,200,873 · Management $1,093,494 · Fundraising $103,026$15,397,393
IX-8 Pension plan contributionsPrograms $335,125 · Management $74,774 · Fundraising $3,066$412,965
IX-9 Other employee benefitsPrograms $2,519,008 · Management $340,645 · Fundraising $17,503$2,877,156
IX-10 Payroll taxesPrograms $1,049,384 · Management $152,689 · Fundraising $7,602$1,209,675
IX-11a Management feesManagement $480,000$480,000
IX-11b Legal feesManagement $111,241$111,241
IX-11c Accounting feesManagement $78,235$78,235
IX-11f Investment management feesManagement $199,601$199,601
IX-11g Other fees for servicesPrograms $3,688,932 · Management $250,302$3,939,234
IX-12 Advertising and promotionPrograms $252,615 · Management $127,376$379,991
IX-13 Office expensesPrograms $2,132,100 · Management $363,093 · Fundraising $12,909$2,508,102
IX-14 Information technologyPrograms $265,176 · Management $832,219 · Fundraising $24,530$1,121,925
IX-16 OccupancyPrograms $4,308,465 · Management $133,499$4,441,964
IX-17 TravelPrograms $124,174 · Management $97,924$222,098
IX-20 InterestPrograms $4,039,668$4,039,668
IX-22 Depreciation, depletion and amortizationPrograms $6,242,731$6,242,731
IX-23 InsuranceManagement $457,667$457,667
IX-24 Other expenses (24a–d)Programs $4,009,798 · Management $455,501$4,465,299
IX-24e All other expensesPrograms $53,274 · Management $122,405 · Fundraising $35,918$211,597
IX-25 Total functional expensesPrograms $43,581,742 · Management $6,507,689 · Fundraising $204,554$50,293,985
Part X · Balance sheet $155,232,307 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $2,997,529$2,167,612
X-3 Pledges and grants receivableStart of year $240,507$296,925
X-4 Accounts receivableStart of year $8,740,454$9,122,328
X-8 Inventories for sale or useStart of year $152,105$139,785
X-9 Prepaid expenses and deferred chargesStart of year $266,696$415,068
X-10c Land, buildings and equipment, netStart of year $110,229,346$107,843,276
X-11 Publicly traded securitiesStart of year $10,827,988$11,127,932
X-12 Other securitiesStart of year $17,919,404$19,472,185
X-15 Other assetsStart of year $4,256,267$4,647,196
X-16 Total assetsStart of year $155,630,296$155,232,307
X-17 Accounts payable and accrued expensesStart of year $6,475,235$6,261,179
X-18 Grants payableStart of year $0$45,604
X-19 Deferred revenueStart of year $363,596$703,623
X-20 Tax-exempt bond liabilitiesStart of year $67,107,000$65,830,000
X-25 Other liabilitiesStart of year $36,290,577$37,060,945
X-26 Total liabilitiesStart of year $110,273,794$109,929,410
X-27 Net assets without donor restrictionsStart of year $32,809,840$31,477,032
X-28 Net assets with donor restrictionsStart of year $12,546,662$13,825,865
X-32 Total net assets or fund balancesStart of year $45,356,502$45,302,897
X-33 Total liabilities and net assetsStart of year $155,630,296$155,232,307
Part XI · Reconciliation of net assets $45,302,897 net assets at year end
XI-1 Total revenue$46,827,056
XI-2 Total expenses$50,293,985
XI-3 Revenue less expenses−$3,466,929
XI-4 Net assets at start of year$45,356,502
XI-5 Net unrealized gains (losses) on investments$1,114,943
XI-9 Other changes in net assets$2,298,381
XI-10 Net assets at end of year$45,302,897

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

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