2024-07-11T16:11:17-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-01-01 561599072 ADULT CENTER FOR ENRICHMENT INC ADUL 3365455421 4100 WELL SPRING DRIVE GREENSBORO NC 27410 K ALAN TUTTEROW CFO 3365455421 2024-07-11 1 K ALAN TUTTEROW 999009999 1 JOHN NORMAN P01506766 7049985200 2024-07-11 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z WELL-SPRING SOLUTIONS STEPHEN FLEMING 4100 WELL SPRING DRIVE GREENSBORO NC 27410 4107528 0 X WWW.WELL-SPRINGSOLUTIONS.ORG X 1988 NC TO EXCEED THE NEEDS OF A DIVERSE AND EVOLVING OLDER ADULT POPULATION THROUGH INNOVATIVE AND SUPPORTIVE HOME AND COMMUNITY BASED SERVICES. 12 12 49 50 0 0 784761 896630 2926738 3193626 0 14431 -7874 -8094 3703625 4096593 0 0 0 0 2932129 2947377 4760 0 26712 591517 603239 3528406 3550616 175219 545977 2973438 2933242 699196 326140 2274242 2607102 TO EXCEED THE NEEDS OF A DIVERSE AND EVOLVING POPULATION OF OLDER ADULTS THROUGH INNOVATIVE AND SUPPORTIVE HOME AND COMMUNITY BASED SERVICES. 0 0 2759696 3193626 THE ORGANIZATION, ALONG WITH ITS SINGLE MEMBER LLC, WELL-SPRING HOME CARE, PROVIDES A SYSTEM OF SUPPORT AND ADULT DAY CARE CENTER FOR THE ELDERLY AND/OR IMPAIRED. 2759696 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 23 0 49 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 3365455421 4100 WELL SPRING DRIVE GREENSBORO NC 27410 AASHKA MEHTA CHAIR 1.00 X X 0 0 0 KEITH VOLZ VICE CHAIR/ASST TREASURER 1.00 X X 0 0 0 GINNA FREYALDENHOVEN SECRETARY 1.00 X X 0 0 0 CONNIE COLLINS BOARD MEMBER 1.00 X 0 0 0 JACQUELINE DEBREW BOARD MEMBER 1.00 X 0 0 0 ART FITCHETT BOARD MEMBER 1.00 X 0 0 0 BARBARA JAMES BOARD MEMBER 1.00 X 0 0 0 KAREN MCKEITHEN-SCHAEDE BOARD MEMBER 1.00 X 0 0 0 STAN PARK BOARD MEMBER 1.00 X 0 0 0 TIFFANY REED BOARD MEMBER 1.00 X 0 0 0 KATHY WHITE BOARD MEMBER 1.00 X 0 0 0 DALE WHITFIELD BOARD MEMBER 1.00 X 0 0 0 STEPHEN P FLEMING PRESIDENT/CEO 1.00 44.00 X 0 447834 34843 K ALAN TUTTEROW CFO/TREASURER 1.00 44.00 X 0 434923 23512 ANITA BROCK-CARTER EXECUTIVE DIRECTOR MEMORY CARE 40.00 0.00 X 0 104099 17469 0 986856 75824 1 0 1 0 0 86109 392000 418521 896630 CLIENT FEES 624100 3155990 3155990 TRANSPORTATION 624100 29941 29941 ANCILLARY SERVICES 624100 7695 7695 3193626 14431 14431 0 86109 10935 -10935 -10935 MISCELLANEOUS 900099 2841 2841 2841 4096593 3193626 0 6337 2394376 1787794 585706 20876 393401 293737 96233 3431 159600 119167 39041 1392 1653 1653 13000 13000 28999 28999 59804 59804 74996 56003 18343 650 23350 23350 21865 18553 3312 79132 73275 5857 60888 60888 MEALS 94558 94558 REPAIRS AND MAINTENANCE 55108 51029 4079 SUPPLIES 46834 46834 BAD DEBT EXPENSE 1466 1466 41586 31052 10171 363 3550616 2759696 764208 26712 786160 623612 107784 124081 6190 2152464 661335 1495845 1491129 0 414431 583649 273799 2973438 2933242 199761 237342 499435 88798 699196 326140 X 2095525 1970345 178717 636757 2274242 2607102 2973438 2933242 X 545977 -213117 X X 0 0 1 0 X 665929 890835 677950 784761 907131 3926606 4407358 3671154 3665604 2926738 3183125 17853979 5073287 4561989 4343554 3711499 4090256 21780585 6000 6000 0 6000 6000 21774585 66 68 14431 14565 66 68 14431 14565 7980 443 828 4387 2841 16479 5081333 4562500 4344382 3715886 4107528 21811629 0.99830 0.99940 0.00070 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 7,980. 2020 AMOUNT: $ 443. 2021 AMOUNT: $ 828. 2022 AMOUNT: $ 4,387. 2023 AMOUNT: $ 2,841. PART III, SECTION B, LINE 12 MISCELLANEOUS INCOME OF $4,387 EARNED IN 2022 WAS INADVERTENTLY OMITTED FROM THE 2022 FORM 990 SCHEDULE A. THIS OMISSION HAS BEEN CORRECTED FOR THE 2023 SUBMISSION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 327158 327158 1429641 369861 1059780 86316 37514 48802 309349 253960 55389 1491129 OTHER SECURITIES 414431 F 414431 RELATED PARTY RECEIVABLE 273799 273799 RELATED PARTY PAYABLE 88798 88798 BE THE SOLUTION 86109 86109 10935 86109 86109 10935 10935 -10935 0 0 0 0 0 0 0 0 0 STEPHEN P FLEMING PRESIDENT/CEO 0 358593 0 63883 0 25358 0 13200 0 21643 0 482677 0 0 K ALAN TUTTEROW CFO/TREASURER 0 389856 0 35949 0 9118 0 13200 0 10312 0 458435 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS WELL-SPRING SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBER ELECTS THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE BOARD OF DIRECTORS MUST BE APPROVED BY THE ORGANIZATION'S MEMBER: DISSOLUTION, MERGER, OR THE SALE, PLEDGE, OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS; ADOPTION, AMENDMENT, OR REPEAL OF THE ARTICLES OF INCORPORATION OR BYLAWS; CAPITAL EXPENDITURES IN THE EXCESS OF $25,000 IN A FISCAL YEAR OTHER THAN THOSE INCURRED IN THE ORDINARY COURSE OF BUSINESS; AND INCURRENCE OF DEBT. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FINANCE COMMITTEE, ALONG WITH THE EXECUTIVE DIRECTOR, THE CHIEF FINANCIAL OFFICER AND THE CONTROLLER, REVIEW AND APPROVE THE DRAFT OF THE 990 PRIOR TO FILING. A COMPLETE DRAFT OF THE 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND TRUSTEES ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT IN RELATION TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S COMPENSATION COMMITTEE DEVELOPS THE EXECUTIVE DIRECTOR'S SALARY AND BENEFIT PACKAGE WITH INPUT FROM THE ORGANIZATION'S FINANCE COMMITTEE AS NEEDED. THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS ARE BASED ON COMPARABILITY DATA TO ENSURE REASONABLE COMPENSATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTION FOR USE IN OPERATIONS 1,116. NET ASSETS TRANSFERRED FROM A RELATED PARTY -208,000. OTHER CONSOLIDATION ADJUSTMENTS -6,233. FORM 990, PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR. WELL-SPRING HOME CARE LLC 4100 WELL SPRING DRIVE GREENSBORO NC 27410 475007705 HOME CARE SERVICES NC 1775567 399388 ADULT CENTER FOR ENRICHMENT WELL-SPRING FOUNDATION 4100 WELL SPRING DRIVE GREENSBORO NC 27410 562217797 FUNDRAISING NC 501(C)(3) LINE 12A, I N/A 0 PACE OF GUILFORD & ROCKINGHAM COUNTIES INC 721 GREEN VALLEY ROAD GREENSBORO NC 27408 271560334 ALL INCLUSIVE ELDERLY CARE NC 501(C)(3) LINE 10 N/A 0 WELL SPRING SERVICES INC 4100 WELL SPRING DRIVE GREENSBORO NC 27410 900885759 HOLDING COMPANY NC 501(C)(3) LINE 10 N/A 0 WELL-SPRING RETIREMENT COMMUNITY INC 4100 WELL SPRING DRIVE GREENSBORO NC 27410 561497371 RETIREMENT COMMUNITY NC 501(C)(3) LINE 10 N/A 0 ALAMANCE EXTENDED CARE 4100 WELL SPRING DRIVE GREENSBORO NC 27410 581681364 CCRC NC 501(C)(3) LINE 10 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 WELL-SPRING RETIREMENT COMMUNITY C 392000 CASH