Boone Regency Retirement FY2022 filing

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To provide residential housing and other facilities to the elderly.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-1402529) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $50K a year · 17% of revenue · last 6 filings
A surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
93%
of spending
93% of spending went to programs.
Pt IX · Ln 25 · col B
1.4 mo
of spending, in cash
1.4 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$312K
28% of total assets
Liabilities are 28% of assets.
Pt X · Ln 26
Independent board members
5
of 5 voting members
5 of 5 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$292K
+1% vs prior year
Spent
$417K
To programs
93%
Net assets
$802K
By yearFY2020–FY2025
Revenue
$292K
FY2022▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$291K
FY2021$288K
FY2022$292K
FY2023$290K
FY2024$288K
FY2025$304K
Expenses
$417K
FY2022▲ +15%
Tap a bar for its year
Expenses by fiscal year
FY2020$292K
FY2021$362K
FY2022$417K
FY2023$312K
FY2024$372K
FY2025$300K
Net assets
$802K
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$968K
FY2021$894K
FY2022$802K
FY2023$780K
FY2024$680K
FY2025$684K

From the FY2022 Form 990 (year ending October 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1993.

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

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $386K Management & general 7% · $31K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Boone Regency Retirement executive salaries →

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

Offers housing and facilities for seniors.

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1 program · $386K · in their own filed words · FY2021
01

To provide residential housing and other facilities to the elderly.

Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 42-1402529) · Dispute this line
$386Kprogram expense

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$292K
Ln 12
Fees for servicesLn 2g$288K
Gifts and grantsLn 1h$3K
Investment incomeLn 3$747
Money outPt IX
$417K
Ln 25
Programscol B$386K
Managementcol C$31K
Owns and owesPt X
$802K
net assets · Ln 32
Cash and savingsLn 1–2$50K
Total assetsLn 16$1.1M
LiabilitiesLn 26$312K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Fees for servicesLn 2g$288K
Investment incomeLn 3$747
Gains on assetsLn 7$0
Total revenueLn 12$292K
Assets in detailPt X, end of year
SavingsLn 2$50K
Cash and savings togetherLn 1–2$50K
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$17K
Total assetsLn 16$1.1M
LiabilitiesLn 26$312K
Net assetsLn 32$802K
OperationsPt I, VI
EmployeesI 53
VolunteersI 610
Fiscal year endsHeaderOctober
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$118K$50K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.1M$1.0M
Total assetsLn 16$1.3M$1.1M
LiabilitiesLn 26$338K$312K
Net assetsLn 32$928K$802K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$45K$21K$24K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$3K$2K$2K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K$2K$3K
Advertising and promotionLn 12$524$524
Office expensesLn 13$4K$2K$2K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$67K$67K
InsuranceLn 23$19K$19K
Other expenses (24a–d)Ln 24$272K$272K
All other expensesLn 24e$0
Total functional expensesLn 25$417K$386K$31K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Dec 11, 2025 $304K$300K$4K$684K 990 PDF
FY2024Filed with the IRS Jan 20, 2025 $288K$372K−$83K$680K 990 PDF
FY2023Filed with the IRS Jan 16, 2024 $290K$312K−$22K$780K 990 PDF
FY2022 ViewingFiled with the IRS Jan 31, 2023 $292K$417K−$125K$802K 990 PDF
FY2021Filed with the IRS Jan 7, 2022 $288K$362K−$74K$894K 990 PDF
FY2020Filed with the IRS Feb 16, 2021 $291K$292K−$2K$968K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $291,719 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $18,602$3,120
I-9 Program service revenuePrior year $285,114$287,852
I-10 Investment incomePrior year $888$747
I-11 Other revenue$0
I-12 Total revenuePrior year $304,604$291,719
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $49,487$48,676
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $312,396$368,403
I-18 Total expensesPrior year $361,883$417,079
I-19 Revenue less expensesPrior year −$57,279−$125,360
Part VI · Governance 5 of 5 board members independent, no flags
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
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 $291,719 across 9 lines filed
VIII-1f All other contributions, gifts and grants$3,120
VIII-1h Total contributions, gifts and grants$3,120
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $287,852$287,852
VIII-3 Investment incomeRelated to mission $747$747
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $288,599$291,719
Part IX · Statement of functional expenses $417,079 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $20,767 · Management $24,450$45,217
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesPrograms $1,589 · Management $1,870$3,459
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $2,333 · Management $2,747$5,080
IX-12 Advertising and promotionPrograms $524$524
IX-13 Office expensesPrograms $1,821 · Management $2,144$3,965
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $67,304$67,304
IX-23 InsurancePrograms $19,343$19,343
IX-24 Other expenses (24a–d)Programs $272,187$272,187
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $385,868 · Management $31,211 · Fundraising $0$417,079
Part X · Balance sheet $1,113,893 assets, 22 lines filed
X-1 Cash, non-interest-bearing$0
X-2 Savings and temporary cash investmentsStart of year $117,909$50,308
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-5 Loans to officers and key people$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $1,114,185$1,046,881
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $33,082$16,704
X-16 Total assetsStart of year $1,265,176$1,113,893
X-17 Accounts payable and accrued expensesStart of year $1,228$1,180
X-25 Other liabilitiesStart of year $336,411$310,536
X-26 Total liabilitiesStart of year $337,639$311,716
X-27 Net assets without donor restrictionsStart of year $927,537$802,177
X-32 Total net assets or fund balancesStart of year $927,537$802,177
X-33 Total liabilities and net assetsStart of year $1,265,176$1,113,893
Part XI · Reconciliation of net assets $802,177 net assets at year end
XI-1 Total revenue$291,719
XI-2 Total expenses$417,079
XI-3 Revenue less expenses−$125,360
XI-4 Net assets at start of year$927,537
XI-10 Net assets at end of year$802,177

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

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