Scottish Rite Park INC FY2020 filing

Tax-deductible

Des Moines, IA501(c)(3)Since 1973EIN 42-0950776

Operate an independent retirement facility in a manner which provides residents the freedom of an active lifestyle in a gracious attractive setting. In case of an accident or illness, a 24 hour health services facility or residential care is available. Scottish rite park has 156 independent living units, 51 dually certified icf/snf beds and a 25 bed residential care facitiliy.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$448K 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 $448K a year · 4% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$448K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $27K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19.3M
77% of total assets
Worth a look: liabilities are 77% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 9 voting members
Looks good: 7 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.2M
Spent
$9.7M
To programs
81%
Net assets
$5.8M
By yearFY2020–FY2024
Revenue
$10.2M
FY2020
Revenue by fiscal year
FY2020$10.2M
FY2021$10.1M
FY2022$10.7M
FY2023$11.2M
FY2024$12.3M
Expenses
$9.7M
FY2020
Expenses by fiscal year
FY2020$9.7M
FY2021$10.7M
FY2022$11.4M
FY2023$11.6M
FY2024$13.3M
Net assets
$5.8M
FY2020
Net assets by fiscal year
FY2020$5.8M
FY2021$5.2M
FY2022$5.4M
FY2023$5.0M
FY2024$4.2M

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

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You’re viewing the FY2020 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 Feb 1973.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $7.9M Management & general 19% · $1.8M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

12 people listed on the 990; $448K 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
Chief Executive Officer
$247,050Pt VII · Sec A
Chief Financial Officer
$105,929Pt VII · Sec A
Chief Nursing Officer
$94,889Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Daniel Boor$274,729$271,424$261,484$265,486$247,050
Elizabeth Dawley$133,688$128,100$123,817$118,535$105,929
Yvonne Rosenberg$107,804$130,286$119,053$109,592$94,889
Johna Gallagher$112,080————
Monica Kuehl$110,015————

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.

See Scottish Rite Park INC executive salaries →

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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 active, gracious retirement living with 24-hour health services and residential care.

Provided by the organization

This section is blank until Scottish Rite Park INC claims this page.

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1 program service account for $7.9M of program spending, described in the organization's own filed words · FY2019.
01

Scottish rite park, inc. Owns and operates a 13-STORY, 153 unit independent retirement facility, 25 bed residential care facility and a 51 bed nursing unit to provide residents the freedom of an active lifestyle, in a gracious attractive setting.

$7.9Mprogram 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 · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$27K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$10.2M
Ln 12
Fees for servicesLn 2g$9.3M
Gifts and grantsLn 1h$888K
Investment incomeLn 3$75K
Money outPt IX
$9.7M
Ln 25
Programscol B$7.9M
Managementcol C$1.8M
Owns and owesPt X
$5.8M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$25.0M
LiabilitiesLn 26$19.3M
PeoplePt VI, VII
12
listed · VII A
PaidVII A3
Voting boardVI 1a9
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$888K
Government grantsLn 1e$779K
Fees for servicesLn 2g$9.3M
Investment incomeLn 3$75K
Total revenueLn 12$10.2M
Assets in detailPt X, end of year
CashLn 1$2.6M
Cash and savings togetherLn 1–2$2.6M
Land, buildings, equipmentLn 10c$18.7M
Other assetsLn 15$2.9M
Total assetsLn 16$25.0M
LiabilitiesLn 26$19.3M
Net assetsLn 32$5.8M
OperationsPt I, VI
EmployeesI 5147
VolunteersI 620
Fiscal year endsHeaderOctober
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
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$983K$2.6M
Land, buildings, equipmentLn 10c$17.8M$18.7M
Total assetsLn 16$22.2M$25.0M
LiabilitiesLn 26$17.0M$19.3M
Net assetsLn 32$5.2M$5.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$353K$353K
Other salaries and wagesLn 7$3.9M$3.1M$773K
Other employee benefitsLn 9$427K$311K$117K
Payroll taxesLn 10$359K$307K$52K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$20K$20K
Other fees for servicesLn 11g$564K$525K$38K
OccupancyLn 16$1.2M$1.1M$49K
TravelLn 17$22K$22K
InterestLn 20$49K$49K
Depreciation, depletion and amortizationLn 22$1.6M$1.6M
InsuranceLn 23$110K$47K$63K
Other expenses (24a–d)Ln 24$1.1M$831K$303K
Total functional expensesLn 25$9.7M$7.9M$1.8M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $12.3M$13.3M−$1.1M$4.2M 990 PDF
FY2023 $11.2M$11.6M−$403K$5.0M 990 PDF
FY2022 $10.7M$11.4M−$664K$5.4M 990 PDF
FY2021 $10.1M$10.7M−$646K$5.2M 990 PDF
FY2020 Viewing $10.2M$9.7M$545K$5.8M 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 (4 parts)
Part VIII · Statement of revenue $10,213,355 across 6 lines filed
VIII-1e Government grants$778,835
VIII-1f All other contributions, gifts and grants$108,917
VIII-1h Total contributions, gifts and grants$887,752
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $9,251,048$9,251,048
VIII-3 Investment incomeExcluded from tax $74,555$74,555
VIII-12 Total revenueRelated to mission $9,251,048 · Unrelated business $0 · Excluded from tax $74,555$10,213,355
Part IX · Statement of functional expenses $9,668,348 across 13 lines filed
IX-5 Pay of current officers, directors and key staffManagement $352,979$352,979
IX-7 Other salaries and wagesPrograms $3,100,528 · Management $773,334$3,873,862
IX-9 Other employee benefitsPrograms $310,638 · Management $116,691$427,329
IX-10 Payroll taxesPrograms $307,293 · Management $51,980$359,273
IX-11b Legal feesManagement $2,622$2,622
IX-11c Accounting feesManagement $20,100$20,100
IX-11g Other fees for servicesPrograms $525,280 · Management $38,266$563,546
IX-16 OccupancyPrograms $1,126,913 · Management $49,467$1,176,380
IX-17 TravelManagement $21,913$21,913
IX-20 InterestPrograms $49,379$49,379
IX-22 Depreciation, depletion and amortizationPrograms $1,577,109$1,577,109
IX-23 InsurancePrograms $47,495 · Management $62,592$110,087
IX-24 Other expenses (24a–d)Programs $830,690 · Management $303,079$1,133,769
IX-25 Total functional expensesPrograms $7,875,325 · Management $1,793,023 · Fundraising $0$9,668,348
Part X · Balance sheet $25,028,424 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $982,516$2,596,291
X-4 Accounts receivableStart of year $613,219$602,594
X-9 Prepaid expenses and deferred chargesStart of year $243,698$223,182
X-10c Land, buildings and equipment, netStart of year $17,812,298$18,676,894
X-15 Other assetsStart of year $2,557,168$2,929,463
X-16 Total assetsStart of year $22,208,899$25,028,424
X-17 Accounts payable and accrued expensesStart of year $1,377,755$779,377
X-19 Deferred revenueStart of year $14,475,968$15,114,351
X-25 Other liabilitiesStart of year $133,681$365,494
X-26 Total liabilitiesStart of year $17,039,925$19,259,222
X-27 Net assets without donor restrictionsStart of year $4,596,344$5,196,572
X-28 Net assets with donor restrictionsStart of year $572,630$572,630
X-32 Total net assets or fund balancesStart of year $5,168,974$5,769,202
X-33 Total liabilities and net assetsStart of year $22,208,899$25,028,424
Part XI · Reconciliation of net assets $5,769,202 net assets at year end
XI-1 Total revenue$10,213,355
XI-2 Total expenses$9,668,348
XI-3 Revenue less expenses$545,007
XI-4 Net assets at start of year$5,168,974
XI-5 Net unrealized gains (losses) on investments$2,945
XI-8 Prior period adjustments$52,276
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,769,202

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

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