2024-11-15T11:33:31-06:00 2023-12-31 HW&CO 28601 Chagrin Blvd 210 Woodmere OH 44122 990 2023-01-01 237136808 Cedar Lane Senior Living Community I Inc % KOLBY WASNICK CEDA 3014758966 22680 Cedar Lane Court Leonardtown MD 20650 Candace Chesser Chairperson 3014758966 2024-11-15 true true David M Reape CPA P00068117 2168311200 2023 2024-10-15 13:58:12Z Eric Golden 22680 Cedar Lane Court Leonardtown MD 20650 2383602 false X www.cedar-lane.org X 1971 MD To provide housing and customer services to elderly and disabled adults in Leonardtown, Maryland. 12 11 38 12 0 895763 1384203 677230 838044 816 38511 93232 101556 1667041 2362314 0 0 0 0 815441 970036 0 0 0 1095214 1160272 1910655 2130308 -243614 232006 5121243 7068099 3055827 4944978 2065416 2123121 To help residents age with maximum dignity, independence, and quality of life. false false 2054962 918312 Cedar Lane Senior Living Community I, Inc. was organized on May 4, 1971 for the purpose of constructing and operating rental housing and related facilities which consist of 114 units located in Leonardtown, Maryland for persons who are elderly. Effective November 16, 2023, Cedar Lane Senior Living Community I merged with Senior Living Senior Living Community II, Inc. to form Cedar Lane Senior Living Community, LLC. CEDAR LANE SENIOR LIVING COMMUNITY II, INC. WAS ORGANIZED ON MARCH 9, 1981 FOR THE PURPOSE OF CONSTRUCTING AND OPERATING A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE ENTITY CONSISTS OF 51 UNITS LOCATED IN LEONARDTOWN, MARYLAND. 2054962 true true false false false false false false true false true false false false true true true false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 38 true false false false false false false false false false false false false X 12 11 false false false false true true true true true false false true true true true true true true true false X KOLBY WASNICK 3014758966 22680 CEDAR LANE COURT Leonardtown MD 20650 ERIC GOLDEN PRESIDENT&CEO, DIRECTOR 29.2 20.8 X X 89000 63397 4572 CALVIN BOOZER DIRECTOR OF FACILITIES 29.2 20.8 X 59527 42403 3058 CHARLES ROACH CHAIR 1.0 2.0 X X 0 0 0 CANDY CHESSER VICE CHAIR, SECRETARY 1.0 2.0 X X 0 0 0 RICHARD PECTOL TREASURER 1.0 2.0 X X 0 0 0 MICHAEL BLACKWELL DIRECTOR 1.0 2.0 X 0 0 0 SHERI BURCH NORRIS DIRECTOR 1.0 2.0 X 0 0 0 BETH COOPER JOSEPH DIRECTOR 1.0 2.0 X 0 0 0 DARLENE JOHNSON DIRECTOR 1.0 2.0 X 0 0 0 MICKEY RAMOS DIRECTOR 1.0 2.0 X 0 0 0 MELANIE TRIFONE Director 1.0 2.0 X 0 0 0 KATHY FRANZEN Director 1.0 2.0 X 0 0 0 ROBERT LANE TENANT REPRESENTATIVE 1.0 2.0 X 0 0 0 148527 105800 7630 0 false true false 0 1384203 1384203 RENTAL INCOME 531110 838044 838044 838044 59799 59799 0 0 0 0 0 21288 -21288 -21288 -21288 0 0 0 0 0 0 0 0 0 OTHER TENANT CHARGES 531110 77549 77549 LAUNDRY INCOME 531110 24007 24007 101556 2362314 918312 59799 0 0 0 0 152983 152983 0 669114 669114 0 75315 75315 72624 72624 0 14828 14828 5070 5070 0 0 0 94678 60127 34551 8941 8941 34820 22864 11956 0 0 338570 338570 3672 3672 0 0 7306 7306 0 314800 314800 769 769 REPAIRS AND MAINTENANCE 320483 320483 PROGRAM EXPENSES 16335 16335 2130308 2054962 75346 0 330436 2492760 1129112 154056 18575 63625 11472 90580 0 0 0 0 0 0 0 0 47341 39778 14894056 10847146 3515801 4046910 0 0 0 0 0 0 0 0 68506 180390 5121243 7068099 171238 107840 0 0 107152 104930 0 0 68291 93995 0 0 2363633 4603567 0 0 345513 34646 3055827 4944978 X 2065416 2123121 0 0 2065416 2123121 5121243 7068099 X 232006 -174301 X X false true X true true true X 810904 807189 974079 895763 1384203 4872138 772845 740704 686022 677230 838044 3714845 0 0 0 1583749 1547893 1660101 1572993 2222247 8586983 12642 12632 12288 37562 5273 3107 8380 17915 15739 12288 45942 8541041 3315 1704 1061 816 59799 66695 0 3315 1704 1061 816 59799 66695 0 28674 28944 93232 101556 252406 1587064 1578271 1690106 1667041 2383602 8906084 0.95901 0.97500 0.00749 0.00110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 13294 13294 10333183 6979661 3353522 2259380 1954818 304562 2288199 1912667 375532 4046910 0 ACCRUED INTEREST 34646 34646 X 2380095 2380095 -17781 -17781 2362314 2148089 17781 17781 2130308 2130308 Part VI, Line 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT. Part X, Line 2: The Organization recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the Organization had no uncertain tax positions that would require financial statement recognition or disclosure. The Organization is no longer subject to examinations by the applicable taxing jurisdictions for years prior to December 31, 2020. Part XI, Line 4B: Repairs and Maintenance Income: $3,507 Loss from disposition of nonexpendable equipment: -$21,288 Total: -$17,781 Part XII, Line 2D: Repairs and Maintenance Income: -$3,507 Loss from disposition of nonexpendable equipment: $21,288 Total: $17,781 X X X X false false false false false false false true false ERIC GOLDEN PRESIDENT&CEO, DIRECTOR 89000 63397 0 0 0 0 2670 1902 0 0 91670 65299 0 0 Part I, Line 7: INDIVIDUALS RECEIVED PERFORMANCE BONUS, WHICH WAS APPROVED BY THE BOARD OF DIRECTORS. Form 990, Part I, Line 5 and Part V, Line 2a: EXPLANATION FOR NUMBER OF EMPLOYEES: THE FILING ORGANIZATION'S EMPLOYEES ARE COMPENSATED BY CEDAR LANE SENIOR COMMUNITY LIVING III, INC., A RELATED TAX-EXEMPT ORGANIZATION THAT SERVES AS COMMON PAYMASTER. THE ORGANIZATION REIMBURSES CEDAR LANE SENIOR COMMUNITY LIVING III, INC. FOR PAYROLL AND RELATED EXPENSES. THE NUMBER OF EMPLOYEES REPORTED REPRESENTS THE EMPLOYEES ASSOCIATED WITH THE FILING ORGANIZATION. Form 990, Part Vi, Section A, Line 6: THE MEMBERSHIP CONSISTS OF ALL RESIDENTS AND STAFF OF CEDAR LANE SENIOR LIVING COMMUNITY I, INC., AND PERSONS INTERESTED IN THE CORPORATION'S PURPOSE PROVIDED THEY RESIDE IN ST. MARY'S, CHARLES OR CALVERT COUNTY, MARYLAND. Form 990, Part VI, Section A, Line 7a: MEMBERS ELECT THE ORGANIZATION'S GOVERNING BOARD AT THE ANNUAL MEETING. EACH MEMBER SHALL HAVE THE RIGHT TO CAST ONE VOTE FOR THE ELECTION OF DIRECTORS. Form 990, Part VI, Section A, Line 7B: IN ADDITION TO THE ELECTION OF DIRECTORS, THE MEMBERS ALSO HAVE THE RIGHT TO CAST ONE VOTE EACH ON ALL MATTERS THAT MAY PROPERLY COME BEFORE THEM AT A MEMBERSHIP MEETING. Form 990, Part VI, Section B, Line 11B: EACH YEAR, PRIOR TO THE SUBMISSION OF THE ORGANIZATION'S FORM 990 TO THE INTERNAL REVENUE SERVICE, EACH VOTING MEMBER OF THE BOARD OF DIRECTORS SHALL BE PROVIDED WITH A COPY OF THE FINAL FORM 990 AS COMPLETED BY THE CERTIFIED PUBLIC ACCOUNTANTS. BOARD MEMBERS SHALL BE PROVIDED WITH AT LEAST FIVE BUSINESS DAYS TO REVIEW THE FORM AND SHOULD HAVE AN OPPORTUNITY TO RAISE QUESTIONS, MAKE SUGGESTIONS, AND ADDRESS ANY POTENTIAL PROBLEMS OR CONCERNS WITH THE CHAIR AND THE DIRECTOR OF FINANCE & ADMINISTRATION. Form 990, Part VI, Section B, Line 12C: THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF, RESIDENTS AND CERTAIN VOLUNTEERS OF CEDAR LANE. AN INTERESTED PARTY IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN, OR REASONABLY SHOULD BE KNOWN. FOR BOARD MEMBERS, THE DISCLOSURE STATEMENTS SHALL BE PROVIDED TO THE CHAIR OF THE BOARD, OR IN THE CASE OF THE CHAIR OF THE BOARD'S DISCLOSURE STATEMENT SHALL BE PROVIDED TO THE SECRETARY OF THE BOARD. COPIES SHALL BE PROVIDED TO THE PRESIDENT. IN THE CASE OF STAFF OR VOLUNTEERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY, THE DISCLOSURE STATEMENTS SHALL BE PROVIDED TO THE PRESIDENT OF THE ORGANIZATION, OR IN THE CASE OF THE PRESIDENT'S DISCLOSURE STATEMENT SHALL BE PROVIDED TO THE CHAIR OF THE BOARD. THE SECRETARY OF THE BOARD OF DIRECTORS SHALL FILE COPIES OF ALL DISCLOSURE STATEMENTS WITH THE OFFICIAL CORPORATE RECORDS OF THE ORGANIZATION. WHENEVER THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN CEDAR LANE AND AN INTERESTED PARTY, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE. THIS SHALL INCLUDE, BUT NOT NECESSARILY BE LIMITED TO, INVOKING THE PROCEDURES DESCRIBED BELOW, WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION. WHERE THE ACTUAL OR POTENTIAL CONFLICT INVOLVES AN EMPLOYEE OF THE ORGANIZATION OTHER THAN THE PRESIDENT, THE PRESIDENT SHALL, IN THE FIRST INSTANCE, BE RESPONSIBLE FOR REVIEWING THE MATTER AND MAY TAKE APPROPRIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF THE ORGANIZATION. THE PRESIDENT SHALL REPORT TO THE CHAIR OF THE BOARD THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. THE CHAIR OF THE BOARD, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED. WHERE AN ACTUAL OR POTENTIAL CONFLICT EXISTS BETWEEN THE INTERESTS OF CEDAR LANE AND AN INTERESTED PARTY WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION, CEDAR LANE SHALL REFRAIN FROM THE PROPOSED ACTION OR TRANSACTION UNTIL SUCH TIME AS THE PROPOSED ACTION OR TRANSACTION HAS BEEN APPROVED BY THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION. THE FOLLOWING PROCEDURES SHALL APPLY: AN INTERESTED PARTY WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED ACTION OR TRANSACTION OF THE CORPORATION SHALL NOT PARTICIPATE IN ANYWAY IN, OR BE PRESENT DURING, THE DELIBERATIONS AND DECISION MAKING OF THE ORGANIZATION WITH RESPECT TO SUCH ACTION OR TRANSACTION. THE INTERESTED PARTY MAY, UPON REQUEST, BE AVAILABLE TO ANSWER QUESTIONS OR PROVIDE MATERIAL FACTUAL INFORMATION ABOUT THE PROPOSED ACTION OR TRANSACTION. THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS MAY APPROVE THE PROPOSED ACTION OR TRANSACTION UPON FINDING THAT IT IS IN THE BEST INTERESTS OF THE CORPORATION. THE BOARD SHALL CONSIDER WHETHER THE TERMS OF THE PROPOSED TRANSACTION ARE FAIR AND REASONABLE TO THE ORGANIZATION AND WHETHER IT WOULD BE POSSIBLE, WITH REASONABLE EFFORT, TO FIND A MORE ADVANTAGEOUS ARRANGEMENT WITH A PARTY OR ENTITY THAT IS NOT AN INTERESTED PARTY. APPROVAL BY THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS SHALL BE BY VOTE OF A MAJORITY OF DIRECTORS IN ATTENDANCE AT A MEETING AT WHICH A QUORUM IS PRESENT. AN INTERESTED PARTY SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING WHETHER A QUORUM IS PRESENT, OR FOR PURPOSES OF DETERMINING WHAT CONSTITUTES A MAJORITY VOTE OF DIRECTORS IN ATTENDANCE. THE MINUTES OF THE MEETING SHALL REFLECT THAT THE CONFLICT DISCLOSURE WAS MADE, THE VOTE TAKEN AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION BY THE INTERESTED PARTY. Form 990, Part VI, Section B, Line 15: TO DETERMINE THE COMPENSATION OF THE PRESIDENT & CEO AND THE DIRECTOR OF FINANCE & ADMINISTRATION, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS COMPENSATION DATA FOR COMPARABLE POSITIONS/ORGANIZATIONS FROM SALARY SURVEYS AND OTHER SOURCES, AND MAKES A COMPENSATION RECOMMENDATION TO THE FULL BOARD FOR APPROVAL. THE PROCESS WAS LAST CONDUCTED IN 2021 AND WAS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. Form 990, Part VI, Section C, Line 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part XII, Line 2c: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. Form 990, Part XI, Line 9: Transfer of Net Assets from Cedar Lane Senior Living Community II upon November 16, 2023 merger: $(174,301) Cedar Lane Senior Living Community II 22680 Cedar Lane Court Leonardtown MD 20650 521330040 rental housin MD 501(C)3 Line 10 NA false Cedar Lane Senior Living Community III 22680 Cedar Lane Court Leonardtown MD 20650 522069016 rental housin MD 501(C)3 Line 10 NA false Friends of Cedar Lane Inc 22680 Cedar Lane Court Leonardtown MD 20650 205555024 program supp MD 501(C)3 Line 12a, I na false false false false false true false false false false false false false false true true true true false false