2025-11-10T09:04:01+00:00 2024-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2024-01-01 570373677 Presbyterian Communities of South Carolina PRES 8037725885 2817 Ashland Road Columbia SC 29210 L Franklin Fant CEO 8037725885 2025-11-10 true Amy Bibby P00445891 8282542254 2025-06-23 2024 2025-03-06 01:10:19Z L Franklin Fant 2817 Ashland Road Columbia SC 29210 82795062 false X https://www.prescommunities.org/ X 1954 SC Presbyterian Communities of South Carolina is a not-for-profit Life Plan Community associated with the Presbyterian Church (USA) and offers a variety of lifestyle choices to meet the diverse and changing needs of today's seniors. Their mission statement: We are a compassionate Christian ministry dedicated to enriching the quality of life for seniors of all faiths. 15 15 1780 20 0 1112228 705172 74910694 80896733 762482 1053452 144585 105741 76929989 82761098 1272026 1040708 0 0 39946556 42761608 0 0 407217 38256421 40709913 79475003 84512229 -2545014 -1751131 169267528 171592285 142142627 145521155 27124901 26071130 PRESBYTERIAN COMMUNITIES OF SOUTH CAROLINA OPERATES SIX NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITIES AND IS ASSOCIATED WITH THE PRESBYTERIAN CHURCH (USA) AND OFFERS A VARIETY OF LIFESTYLE CHOICES TO MEET THE DIVERSE AND CHANGING NEEDS OF TODAY'S SENIORS. THEIR MISSION STATEMENT: WE ARE A COMPASSIONATE CHRISTIAN MINISTRY DEDICATED TO ENRICHING THE QUALITY OF LIFE FOR SENIORS OF ALL FAITHS. false false 60518592 1040708 80896733 The Organization currently operates six retirement communities in various locations across South Carolina providing independent living accommodations, assisted living and skilled nursing. In 2024, an average of 933 residents were served each month across the continuum of care. The Organization also provides assistance in the form of reduced fees to qualifying residents who have exhausted their financial resources. The charges foregone related to this assistance, or financial subsidy, net of recoveries, amounted to $1,040,708 and $1,272,026 during 2024 and 2023, respectively. There were 15 residents assisted in 2024 and 19 residents served in 2023. 60518592 true true false false false false false false false false true false false false true true false true false false false false false false false false false false true true true false false false false false false false false false false false false false false true true true true false false true 193 0 true 1780 true false false false false false false false false false false false false X 15 15 false false false false false true false true true false false false true true true true false false true true false false SC X X Kevin M Johnson 8033650855 2817 ASHLAND ROAD Columbia SC 29210 Anna Edwards Board Member 1.0 X 0 0 0 Clarissa Whaley Board Mamber 1.0 X 0 0 0 Deborah Foster Board Member 1.0 X 0 0 0 Eric Skidmore Board Member 1.0 X 0 0 0 Joel Ledbetter Board Member 1.0 X 0 0 0 John Jackson Board Member 1.0 X 0 0 0 John Long Board Member 1.0 X 0 0 0 Julian Nexsen Board Member 1.0 X 0 0 0 Martha Casto Secretary 1.0 X 0 0 0 Paige Lewis Board Member 1.0 X 0 0 0 Priscilla Holtzclaw Board Member 1.0 X 0 0 0 R Holloway Vice- Chair 1.0 X 0 0 0 Richard McCain Board Member 1.0 X 0 0 0 Robert Warren Board Member 1.0 X 0 0 0 Stacy Brennan Board Member 1.0 X 0 0 0 Susan Green-Grove Board Member 1.0 X 0 0 0 William Halligan Chair 1.0 X 0 0 0 William Hancock Board Member 1.0 X 0 0 0 Amanda Stamper COO 40.0 X 230411 0 16539 Kevin Johnson CFO 35.0 5.0 X 205840 0 14060 Luther Fant CEO 35.0 5.0 X 380963 0 16539 Elizabeth King Director - IT 40.0 X 175073 0 15310 James Deel Executive Director 40.0 X 145587 0 20855 Laura Shirer Director - HR 40.0 X 142782 0 12933 Leslie Anzalone Executive Director 40.0 X 158706 0 14834 Matthew Schorner Director Therapy Services 40.0 X 161348 0 4750 1600710 0 115820 33 false true false ShiftKey LLC PO Box 735913 Dallas TX 753735913 Temporary Employment Agency 1463211 Boyer Commercial Construction 2122 South Beltline Blvd Columbia SC 29201 Construction 1366203 Cullum Mechanical PO Box 40967 Charleston SC 294230967 HVAC 491719 On-Site Builders of Joanna LLC 100 Mississippi Drive Clinton SC 29325 Construction 386794 Baile Senior Development 10918 Whitetail Road Rogers MN 55374 Development services 263965 18 540479 164693 705172 RESIDENT SERVICE REVENUE 623000 76570099 76570099 AMORTIZATION OF FEES 623000 3708266 3708266 LAB REVENUE 623000 79310 79310 BEAUTY SHOP 623000 304503 304503 MEALS AND CATERING REVENUE 623000 234555 234555 0 0 0 0 80896733 1047452 1047452 28321 33964 0 -5643 -5643 -5643 6000 0 6000 6000 6000 0 MISCELLANEOUS 900099 111384 111384 0 0 0 0 111384 82761098 80896733 0 1159193 X 1040708 1040708 817214 817214 34658061 28709968 5757076 191017 886110 625682 256035 4393 3419736 2390999 1013266 15471 2980487 2134148 833477 12862 29190 29190 14294 14294 8843790 8198750 645040 0 694339 526091 168248 3708923 3229065 307769 172089 1167812 9699 1150228 7885 4218532 4194019 24513 325524 176532 146492 2500 146670 72264 73406 1000 4740415 4740415 7526510 7526510 2154600 2112772 41828 Medical Supplies 2189690 2187075 2615 Bad Debt 216963 216963 Food and Supplements 4540766 4540766 Miscellaneous 191895 153091 38804 0 0 0 0 84512229 60518592 23586420 407217 11098889 14739052 6300816 6581918 2426264 2675900 0 0 0 0 351343 379292 200996 602583 246937024 109789821 137265072 137147203 516839 531839 0 0 807690 692305 10299619 8242193 169267528 171592285 4850813 6713480 33985520 37291794 98975155 96667739 0 0 4331139 4848142 142142627 145521155 X 27124889 26071118 12 12 27124901 26071130 169267528 171592285 X -1751131 -37416 734776 X X false true true false X 2674788 514530 225986 299630 361519 4076453 55635436 58866908 62902649 74910964 80896733 333212690 0 0 0 58310224 59381438 63128635 75210594 81258252 337289143 0 0 0 0 13800 13800 0 0 0 0 0 0 0 0 0 0 13800 13800 337275343 88007 39082 241998 762482 1047452 2179021 0 88007 39082 241998 762482 1047452 2179021 0 270353 1497547 937329 955470 111384 3772083 58668584 60918067 64307962 76928546 82417088 343240247 0.98262 0.98377 0.01 0.0 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS INCOME, COLUMN A - 270353.0, COLUMN B - 1497547.0, COLUMN C - 937329.0, COLUMN D - 955470.0, COLUMN E - 111384.0, COLUMN F - 3772083.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4404888 4404888 209699072 96908360 112790712 27874070 12082234 15791836 4958994 799227 4159767 137147203 Federal Income Taxes ASSET RETIREMENT OBLIGATION 165233 Advance ENTRANCE FEES FOR PROSPECTIVE RESIDENTS 163499 DUE TO RELATED ORGANIZATION 1801749 Operating lease liabilities 460029 Accrued Interest 1688067 Resident Deposits and Refunds 569565 4848142 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Presbyterian Communities of South Carolina, and PCSC Foundation are tax-exempt under Internal Revenue Code Section 501(c)(3) and, accordingly, no provision for income tax is recorded in the accompanying consolidated financial statements. Presbyterian Properties, LLC's taxable income or loss is allocated to the member in accordance with the operating agreement and is reflected in their income taxes; accordingly, the accompanying consolidated financial statements do not reflect a provision or liability for federal and state income taxes. The Organization has determined that it does not have any material unrecognized tax benefits or obligations as of December 31, 2024. true Resident Assistance 15 1040708 0 FMV THE ASSISTANCE IS AWARDED AS THE REDUCTION OF RESIDENT FEES. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE RESIDENTS' FINANCIAL NEED IS DISCUSSED WITH MANAGEMENT AND ASSISTANCE TOWARDS RESIDENT FEES IS DETERMINED ON A CASE-BY-CASE BASIS. X true true X false false false false false false false false false Luther Fant CEO 308333 0 0 0 72630 0 7921 0 8618 0 397502 0 0 0 Amanda Stamper COO 230411 0 0 0 0 0 7921 0 8618 0 246950 0 0 0 Kevin Johnson CFO 205840 0 0 0 0 0 6100 0 7960 0 219900 0 0 0 James Deel Executive Director 145587 0 0 0 0 0 6100 0 14755 0 166442 0 0 0 Matthew Schorner Director Therapy Services 161348 0 0 0 0 0 4750 0 0 0 166098 0 0 0 Leslie Anzalone Executive Director 158706 0 0 0 0 0 4695 0 10139 0 173540 0 0 0 Elizabeth King Director - IT 175073 0 0 0 0 0 5103 0 10207 0 190383 0 0 0 Laura Shirer Director - HR 142782 0 0 0 0 0 4315 0 8618 0 155715 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use HOUSING ALLOWANCE IS PROVIDED TO CEO WHO IS ORDAINED MINISTER OF THE PRESBYTERIAN CHURCH (USA). AMOUNT IS DETERMINED AND PRESCRIBED BY BOARD OF TRUSTEES. A SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY 570960018 837031VK6 2016-10-25 63865000 TO REFINANCE COST ASSOCIATED WITH EXPANSION false false false B South Carolina Jobs-Economic Development Authority 570960018 2020-10-29 28400000 Economic Development Revenue Bonds (Pres. Comm. of South Carolina), Series 2020A, B, and C. false false false C South Carolina Jobs-Economic Development Authority 570960018 837031XB4 2017-12-28 8870000 Refund and capital project - SERIES 2017A, B, AND C false false false A 12660000 64305324 862540 36135000 27730000 2018 true false false true B 700000 28839845 1130875 563138 26830135 false false false false C 2665000 8999542 671783 411263 157516 6392775 1803038 369046 true false false true A false false false false false false 0 0 0.0 false false 0 false true B false false false false false false 0 0 0.0 false false 0 false true C false false false false false false 0 0 0.0 false false 0 false true A false false false false false false 0 false false false 0 false false false B false false false false false false 0 false false false 0 false false true C false true false false true false 0 false false false 0 false false false A false B true C false Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: South Carolina Jobs-Economic Development Authority Line 3 includes earnings on bond proceeds. Form 990, Part VI, Line 15 A CONFLICT-FREE BOARD RELYING ON COMPARABLE SALARY INFORMATION FROM SIMILAR ORGANIZATIONS IN THE SAME GEOGRAPHIC LOCATION VOTES ON COMPENSATION ADJUSTMENTS FOR THE CEO. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN OF THE BOARD OF TRUSTEES, WHO SHALL BE CHAIRMAN OF THE EXECUTIVE COMMITTEE, THE VICE CHAIRMAN OF THE BOARD OF TRUSTEES, AND THE CHAIRMAN OF EACH STANDING COMMITTEE. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE EXECUTIVE PRESBYTERS/GENERAL PRESBYTERS OF THE FIVE PRESBYTERIES OF SOUTH CAROLINA SHALL APPOINT ONE OF THEIR NUMBER TO SERVE AS A TRUSTEE. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS REVIEWED BY MANAGEMENT PRIOR TO SUBMISSION TO THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICT IS REVIEWED AND SIGNED ANNUALLY. AT THE BEGINNING OF BOARD MEETINGS, MEMBERS ARE ASK TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTERESTS. Form 990, Part VI, Line 18 How forms are made available to the public PHOTOCOPIES OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT GUIDESTAR.ORG. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Staffing Fees - Total Expense: 1603993, Program Service Expense: 1603993, Management and General Expenses: , Fundraising Expenses: ; Contract Services - Total Expense: 6289446, Program Service Expense: 6240666, Management and General Expenses: 48780, Fundraising Expenses: ; Professional Fees - Total Expense: 950351, Program Service Expense: 354091, Management and General Expenses: 596260, Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Net assets released from restrictions - 734776; Total - 734776; Form 990, Part XII, Line 2c Change of oversight process or selection process THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PRESBYTERIAN PROPERTIES LLC 2817 ASHLAND ROAD COLUMBIA SC 29210 PROPERTY MANAGEMENT SC 28321 1819701 PRESBYTERIAN HOME OF SC PCSC FOUNDATION 2817 ASHLAND ROAD COLUMBIA SC 29210 371566967 TO PROVIDE FINANCIAL ASSISTANCE TO PRESBYTERIAN HOME OF SOUTH CAROLINA SC 501(c)(3) Type I PRESBYTERIAN HOME OF SOUTH CAROLINA true false false true false false false false false false false false false false false true false false true false PCSC FOUNDATION C 540479 fmv