2023-07-13T10:26:12-05:00 2022-12-31 721396621 CARR RIGGS & INGRAM LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2022-01-01 581515205 ST ANNES TERRACE INC STAN 4042389200 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 WILLIAM BRAY BOURNE IV PRESIDENT 4042389200 2023-07-05 1 WILLIAM BRAY BOURNE IV 999009999 1 JOHN LESLIE P00013252 7703948000 2023-07-05 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WILLIAM BRAY BOURNE IV 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 4618506 0 X WWW.SAINTANNESTERRACE.ORG X 1983 GA THE MISSION OF ST. ANNE'S TERRACE IS TO PROVIDE EXCELLENCE IN HOUSING AND SERVICES IN A FAITH-BASED COMMUNITY, SO RESIDENTS MAY FLOURISH. 14 14 83 14 0 0 365555 17965 4511795 4416412 -9440 35223 0 0 4867910 4469600 0 0 0 0 2404747 2510901 0 0 0 1850949 1917855 4255696 4428756 612214 40844 7448886 6976564 513874 496768 6935012 6479796 X THE MISSION OF ST. ANNE'S TERRACE IS TO PROVIDE EXCELLENCE IN HOUSING AND SERVICES IN A FAITH-BASED COMMUNITY, SO RESIDENTS MAY FLOURISH. 1 0 3575498 4416412 PROVIDE RESIDENTIAL HOUSING SERVICES FOR THE ELDERLY INCLUDING DIETARY, HOUSEKEEPING, SECURITY, MAINTENANCE, AND OTHER SERVICES FOR APPROXIMATELY 100 RESIDENTS. 3575498 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 1 83 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X DAVID BROOKS 4042389200 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 WILLIAM BRAY BOURNE IV PRESIDENT 0.50 X X 0 0 0 DAN LICHTENSTEIN TREASURER 0.50 X X 0 0 0 KATHERINE KINSER SECRETARY 0.50 X X 0 0 0 MOHAN RAJ IMMEDIATE PAST PRESIDENT 0.50 X X 0 0 0 MELISSA BAUGHER DIRECTOR 0.50 X 0 0 0 THE REV NAN BAXTER DIRECTOR 0.50 X 0 0 0 JUDITH BROWN DIRECTOR 0.50 X 0 0 0 DEBORAH CHILDERS DIRECTOR 0.50 X 0 0 0 BUDDY CRAWFORD DIRECTOR 0.50 X 0 0 0 KATHIE LARKIN DIRECTOR 0.50 X 0 0 0 WINNIE P PANNELL DIRECTOR 0.50 X 0 0 0 MIKE RUEN DIRECTOR 0.50 X 0 0 0 JAMES M SIBLEY JR DIRECTOR 0.50 X 0 0 0 PAMELA TISDALE DIRECTOR 0.50 X 0 0 0 TERRI MONROE EXECUTIVE DIRECTOR 40.00 X X 167586 0 9187 KEITH GOLDEN FINANCE DIRECTOR 40.00 X X 117101 0 9459 DAVID BROOKS ASSOCIATE DIRECTOR 40.00 X 121181 0 6480 405868 0 25126 3 0 1 0 SYSCO ATLANTA LLC 2225 RIVERDALE ROAD COLLEGE PARK GA 30337 FOOD SUPPLIES 211867 CONCEPT FLOORING INC 109 SMOKE HILL LANE STE 190 WOODSTOCK GA 30188 INSTALLATION CONTRACTOR 194438 BARNARD PAINTING INC 2200 EWING CHAPEL ROAD DACULA GA 30019 PAINTING CONTRACTOR 151214 HOWKINS LANDSPACE & DESIGN 2077-B LIDDELL DRIVE ATLANTA GA 30324 LANDSCAPE 106468 4 17965 17965 RENTAL FEES 531110 4118050 4118050 OTHER RESIDENT SERVICE 531110 170628 170628 COMMUNITY FEES 531110 127734 127734 4416412 57339 57339 126790 148906 -22116 -22116 -22116 4469600 4416412 0 35223 303333 303333 1718989 1515329 203660 46983 46983 283890 230299 53591 157706 119685 38021 301080 225679 75401 57850 57850 267574 197218 70356 337893 336765 1128 90 90 339561 337877 1684 75399 75025 374 FOOD 353963 353176 787 REPAIRS AND MAINTENANCE 137761 137761 PROGRAMMING 46684 46684 4428756 3575498 853258 0 1342537 1465509 201535 112625 8210 18323 113956 128256 12388003 9944766 2400025 2443237 3235955 2780203 146668 28411 7448886 6976564 185895 241071 76128 61951 251851 193746 513874 496768 X 6617791 6254039 317221 225757 6935012 6479796 7448886 6976564 40844 -496060 0 X X 0 1 X 1 0 X 19707 19730 210810 365555 17965 633767 4697293 4745023 4515045 4511795 4416412 22885568 4717000 4764753 4725855 4877350 4434377 23519335 0 0 0 23519335 55471 63892 55740 60294 57339 292736 55471 63892 55740 60294 57339 292736 4772471 4828645 4781595 4937644 4491716 23812071 0.98770 0.98820 0.01230 0.01180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1855207 300 -216853 16200 1622454 1680449 190958 16200 1855207 1269579 195320 231958 16408 1680449 990565 2250 36942 239822 1269579 817885 5000 -11378 -179058 990565 0.94800 0.05200 0.00000 0 0 700750 700750 10087070 8795059 1292011 1514223 1140627 373596 85960 9080 76880 2443237 RESIDENTS SECURITY DEPOSITS 28411 LONG-TERM UNEARNED COMMUNITY FEES 165335 193746 X 3995656 -496060 22116 -473944 4469600 0 4469600 4450872 22116 22116 4428756 0 4428756 PART V, LINE 4: DONOR RESTRICTED ENDOWMENT FUNDS ARE HELD AND USED FOR DONOR RESTRICTED PURPOSES. THE PRIMARY PURPOSE FOR THESE FUNDS IS FOR RESIDENT FINANCIAL RENT ASSISTANCE. BOARD DESIGNATED FUNDS, WITHOUT DONOR RESTRICTIONS, ARE HELD FOR SPECIFIED PURPOSES INCLUDING FINANCIAL RENT ASSISTANCE AND BUILDING IMPROVEMENTS. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE TERRACE IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM ACTIVITIES NOT RELATED TO ITS TAX-EXEMPT PURPOSE. THE TERRACE UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2022 AND 2021, THE TERRACE HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 22,116. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 22,116. X 0 0 0 0 0 0 0 0 0 TERRI MONROE EXECUTIVE DIRECTOR 167586 0 0 0 0 0 7800 0 1387 0 176773 0 0 0 PART I, LINE 3 SEE RESPONSE TO FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART III, LINE 2 THE ORGANIZATION UPDATED ITS BY-LAWS DURING THE YEAR. KEY ELEMENTS INCLUDE, A REVISED PROCESS FOR NOMINATING NEW DIRECTORS TO THE BOARD, VESTING AUTHORITY TO NOMINATE NEW DIRECTORS IN THE BOARD, RATHER THAN THE VESTRY OF ST. ANNE'S EPISCOPAL CHURCH (ARTICLE IV, SECTION 4). THE OTHER SIGNIFICANT REVISION REQUIRES THAT AT LEAST TWO-THIRDS OF THE BOARD OF DIRECTORS BE MEMBERS OF ST. ANNE'S EPISCOPAL CHURCH IN GOOD STANDING (ARTICLE V, SECTION 2). FORM 990, PART VI, SECTION B, LINE 11B DRAFT COPY OF FORM 990 IS PROVIDED TO MANAGEMENT AND THE FINANCE AND AUDIT COMMITTEE FOR REVIEW BEFORE FILING. FINANCE AND AUDIT COMMITTEE DISCUSSES THE RETURN WITH THE ENTIRE BOARD AND THE FULL BOARD REVIEWS AND APPROVES DRAFT PRIOR TO FINALIZATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD OF DIRECTOR IS REQUIRED TO SIGN A STATEMENT THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ, UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY, AND THAT THEY WILL MAKE DECISIONS TO ALLOW ST. ANNE'S TERRACE TO CONTINUE TO OPERATE AND ENGAGE IN ACTIVITIES THAT WILL NOT JEOPARDIZE ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OVERSEES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND PROVIDES TO THE BOARD OF DIRECTORS ANNUALLY AN EVALUATION OF THE EXECUTIVE DIRECTOR'S PERFORMANCE AND RECOMMENDED COMPENSATION, BASED ON COMPARABILITY DATA FROM THE LEADING AGE COMPENSATION REPORT. THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION. THE BOARD OF DIRECTORS MEMBERS ARE NOT COMPENSATED. THE EXECUTIVE DIRECTOR REVIEWS THE SALARIES AND WAGES FOR ALL EMPLOYEES AND ANY ADJUSTMENTS TO WAGES ARE DISCUSSED WITH THE PERSONNEL COMMITTEE, BASED ON ANNUAL BUDGET LIMITS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C THE OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ST ANNE'S EPISCOPAL CHURCH 3098 SAINT ANNES LN NW ATLANTA GA 30327 586010151 GA 501(C)3 N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0