PROVIDENCE PLACE II INC

Address
100 GOSSMAN DRIVE SUITE B
SOUTHERN PINES, NC 28387
Contact
Phone: +1 (910) 246-3107
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 56-1952069

Mission

OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY AND DISABLED IN ABERDEEN, NC UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.
 20172016201520142013
Basic features of the organization
Year of formation1995
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00 
Number of employees0000 
Number of people compensated >$100k0000 
Number of volunteers5576 
Number of highly compensated contractors0000 
Personnel
Conoley, Patsy
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER  
Name of key/compensated personPATSY CONOLEYPATSY CONOLEYPATSY CONOLEY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Hall, George
TitleCHAIRMANCHAIRMANCHAIRMANBOARD MEMBER 
Name of key/compensated personGEORGE HALLGEORGE HALLGEORGE HALLGEORGE HALL 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.500.500.500.50 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Kastner, Steve
Title  EX-OFFICIOEX-OFFICIO 
Name of key/compensated person  STEVE KASTNERSTEVE KASTNER 
Position of compensated person
Current individual trustee or director  TrueTrue 
Average hours per week working for org  1.001.00 
Reportable compensation from org  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00 
Kenney, Thomas
Title   CHAIRMAN 
Name of key/compensated person   THOMAS KENNEY 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   0.50 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Lausten, Jonathan
Title   SECRETARY 
Name of key/compensated person   JONATHAN LAUSTEN 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   0.50 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Lauston, Jonathan
TitleSECRETARYSECRETARYSECRETARY  
Name of key/compensated personJONATHAN LAUSTONJONATHAN LAUSTONJONATHAN LAUSTON  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Mack, Linda
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBERBOARD MEMBER 
Name of key/compensated personLINDA MACKLINDA MACKLINDA MACKLINDA MACK 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org0.500.500.500.50 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Moore, Randall
Title   BOARD MEMBER 
Name of key/compensated person   RANDALL MOORE 
Position of compensated person
Current individual trustee or director   True 
Average hours per week working for org   0.50 
Reportable compensation from org   $0.00 
Other comp, non-reportable, from org and related orgs   $0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00 
Moore, Richard
Title  BOARD MEMBER  
Name of key/compensated person  RICHARD MOORE  
Position of compensated person
Current individual trustee or director  True  
Average hours per week working for org  0.50  
Reportable compensation from org  $0.00  
Other comp, non-reportable, from org and related orgs  $0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00  
Portfleet, Lori
TitleBOARD MEMBERBOARD MEMBER   
Name of key/compensated personLORI PORTFLEETLORI PORTFLEET   
Position of compensated person
Current individual trustee or directorTrueTrue   
Average hours per week working for org0.500.50   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Ray, Wilson
TitleBOARD MEMBERBOARD MEMBERBOARD MEMBER  
Name of key/compensated personWILSON RAYWILSON RAYWILSON RAY  
Position of compensated person
Current individual trustee or directorTrueTrueTrue  
Average hours per week working for org0.500.500.50  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Purpose: mission, activities, & accomplishments
Mission or significant activitiesOPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY AND DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY AND DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY AND DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY AND DISABLED. 
Program service expenses, total$152,629.00$227,585.00$157,720.00$161,292.00 
Programs, including revenue & expenses
OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY & DISABLED.
Program expenses$152,629.00$227,585.00$157,720.00$161,292.00 
Program revenue$82,158.00$83,376.00$81,354.00$76,496.00 
Program descriptionOPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY & DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY & DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY & DISABLED.OPERATE 24 UNIT APARTMENT COMPLEX FOR ELDERLY & DISABLED. 
Financial data
Revenue
Total revenue$116,312.00$113,471.00$113,991.00$113,027.00 
Revenue from contributions (total)$36,030.00$32,183.00$32,441.00$36,270.00$46,654.00
Investment income, current yr-$1,876.00-$2,088.00$196.00$261.00 
Total revenue from grants, etc., current yr$36,030.00$32,183.00$32,441.00$36,270.00 
Total unrelated business revenue$0.00$0.00$0.00$0.00 
Other revenue, current yr$0.00$0.00$0.00$0.00 
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00 
Program service revenue (total)$82,158.00$83,376.00$81,354.00$76,496.00$67,543.00
Gross receipts$118,376.00$115,748.00$113,991.00$113,027.00 
Sources of contributions
Revenue from gov't grants$36,030.00$32,183.00$32,441.00$36,270.00 
Other types of revenue
Income from dividends, interest, and similar investments$188.00$189.00$196.00$261.00 
Net rental income  $0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$160,493.00$235,406.00$165,874.00$169,335.00 
Total functional expenses: program service $152,629.00$227,585.00$157,720.00$161,292.00 
Total functional expenses: management and general$7,864.00$7,821.00$8,154.00$8,043.00 
Total functional expenses: fundraising$0.00$0.00$0.00$0.00 
Fees for services
Legal fees (total)  $72.00$1,661.00 
Fundraising service fees (total)$0.00$0.00$0.00$0.00 
General management fees (total)$11,961.00$11,658.00$11,473.00$11,168.00 
Assets and liabilities
Total assets$619,339.00$668,622.00$789,295.00$842,611.00$896,751.00
Total assets, beginning of year$668,622.00$789,295.00$842,611.00$896,751.00 
Total liabilities$1,502,897.00$1,507,999.00$1,506,737.00$1,508,170.00$1,506,002.00
Total liabilities, beginning of year$1,507,999.00$1,506,737.00$1,508,170.00$1,506,002.00 
Unrestricted net assets, end of yr-$883,558.00-$839,377.00-$717,442.00-$665,559.00 
Net assets-$883,558.00-$839,377.00-$717,442.00-$665,559.00 
Net assets, beginning of year-$839,377.00-$717,442.00-$665,559.00-$609,251.00 
Other liabilities$19,893.00$19,312.00$19,036.00$18,028.00 
Other assets$8,684.00$8,832.00$8,556.00$7,548.00 
Cash: non-interest bearing$0.00$7,881.00$1,833.00$3,478.00 
Cash: non-interest bearing, beginning of year$7,881.00$1,833.00$3,478.00$16,195.00 
Other financial variables
Revenue less expenses-$44,181.00-$121,935.00-$51,883.00-$56,308.00 
Advertising (total)$186.00$226.00$202.00$424.00 
Savings & temp cash investment$69,786.00$69,521.00$162,193.00$183,727.00 
Accounts receivable, net$450.00$651.00$586.00$1,044.00 
Prepaid expenses & deferred charges$7,824.00$7,543.00$100.00$1,196.00 
Accounts payable & accrued expenses$0.00$6,271.00$5,349.00$7,942.00 
Deferred revenue$804.00$216.00$152.00  
Secured mortgages and notes payable$1,482,200.00$1,482,200.00$1,482,200.00$1,482,200.00 
Total net assets or fund balances-$883,558.00-$839,377.00-$717,442.00-$665,559.00 
Depreciation, depletion, amortization$48,738.00$48,302.00$48,356.00$47,689.00 
Governance and accountability
Number of voting members5574 
Number of independent voting members5574 
Financial sheets auditedTrueTrueTrueTrue 
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-10-012015-10-012014-10-012013-10-01 
Tax year end date2017-09-012016-09-012015-09-012014-09-012013-09-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990 
Date e-filing submitted2018-03-142017-07-182016-07-192015-02-06 
IRS schema version2016v3.02015v3.02014v6.02013v4.0 
Filing identifier201810439349301101201720309349301157201640469349302124201530299349300933 
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