2025-10-15T16:45:47-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 861250842 KIAWAH LIFE PLAN VILLAGE INC KIAW 8434066298 130 GARDENERS CIRCLE PMB 124 JOHNS ISLAND SC 29455 SARAH TIPTON PRESIDENT/CEO 8434066298 2025-10-15 1 0 X KERRI N BOGDA P00760402 7177404863 2025-10-15 2024 2025-03-06 01:10:19Z SEAFIELDS BY BISHOP GADSDEN SARAH TIPTON 130 GARDENERS CIRCLE PMB 124 JOHNS ISLAND SC 29455 0 0 X N/A X 2020 SC TO MAINTAIN, AND OPERATE, ON A NON-PROFIT BASIS, A RETIREMENT CENTER FOR PEOPLE OVER THE AGE OF 62. 6 6 0 6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 217421310 229758510 217421310 226758510 0 3000000 X TO ESTABLISH, SUPPORT, MAINTAIN, AND OPERATE, ON A NON-PROFIT BASIS, A RETIREMENT CENTER FOR PEOPLE OVER THE AGE OF 62, TOGETHER WITH RELATED SERVICES THAT IS LOCATED ON KIAWAH ISLAND, SOUTH CAROLINA. 0 0 KIAWAH LIFE PLAN VILLAGE, INC. (SEAFIELDS) WAS FORMED FOR THE PURPOSE OF LAND ACQUISTION, INITIAL SITE WORK, MARKETING, AND DEVELOPMENT WITH RESPECT TO A LIFE-PLAN OR CONTINUING CARE RETIREMENT COMMUNITY (CCRC) ON APPROXIMATELY 8 ACRES LOCATED IN THE TOWN OF KIAWAH ISLAND, SOUTH CAROLINA. BISHOP GADSDEN EPISCOPAL COMMUNITIES (BGEC), A TAX-EXEMPT NOT-FOR-PROFIT CORPORATION, EFFECTIVE NOVEMBER 8, 2024, BECAME THE CONTROLLING AND SUPPORTING ORGANIZATION OF SEAFIELDS, AS A RESULT OF AN AFFILIATION. SEAFIELDS WILL CONSIST OF 88 INDEPENDENT LIVING UNITS, 16 ASSISTED LIVING UNITS AND PROVIDE SKILLED NURSING SERVICES FOR ITS RESIDENTS THROUGH AN AGREEMENT WITH BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY (BISHOP GADSDEN). SEAFIELDS COMMENCED PROJECT CONSTRUCTION OPERATIONS ON AUGUST 16, 2021 WITH CONSTRUCTION ANTICIPATED TO BE COMPLETED IN NOVEMBER 2025 AND IS MARKETED AS "SEAFIELDS BY BISHOP GADSDEN". 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LYNNE KERRISON CFO 8434066298 130 GARDENERS CIRCLE PMB 124 JOHNS ISLAND SC 29455 X PATRICK J KELLY MD BOARD CHAIR 1.50 2.50 X X 0 0 0 JOANNE HILL BOARD VICE CHAIR 1.50 2.50 X X 0 0 0 BRIAN HUSSAIN BOARD SECRETARY/TREASURER 1.50 2.50 X X 0 0 0 TODD LILLIBRIDGE BOARD MEMBER 1.50 2.50 X 0 0 0 MARK PERMAR BOARD MEMBER 1.50 2.50 X 0 0 0 ROBERT VINGI BOARD MEMBER 1.50 2.50 X 0 0 0 WALTER BOOMER SECRETARY (UNTIL 11/24) 10.00 0.00 X X 0 0 0 BARBARA MCDUFFIE TREASURER (UNTIL 11/24) 10.00 0.00 X X 0 0 0 ARTHUR BARON BOARD MEMBER (UNTIL 11/24) 5.00 0.00 X 0 0 0 SARAH EH TIPTON CEO/PRESIDENT 10.00 45.00 X 0 418070 77401 LYNNE L KERRISON EVP/CFO 10.00 45.00 X 0 383641 53799 AARON D ROOP SR. VICE PRESIDENT 10.00 40.00 X 0 272681 39126 KIMBERLY BORTS EXECUTIVE DIRECTOR 10.00 40.00 X 0 193138 20531 0 1267530 190857 0 0 1 0 BRP SENIOR HOUSING MANAGEMENT LLC 315 SOUTH BEVERLY DR BEVERLY HILLS CA 90212 CONSTRUCTION MANAGEMENT/DEVELOPMENT FEES 2283673 BALFOUR BEATTY CONSTRUCTION 1930 CAMDEN RD SUITE 280 CHARLOTTE NC 28203 CONTRACTOR FEE 1248909 SSP KIAWAH HOLDINGS LLCKIAWAH REAL EST 1 KIAWAH ISLAND PKWY KIAWAH ISLAND SC 294555650 MARKETING 396761 BURR & FORMAN LLP PO BOX 11390 COLUMBIA SC 292111390 LEGAL FEES 277076 WEBSTER RODGERS LLP 1411 2ND LOOP RD FLORENCE SC 295052801 ACCOUNTING/BOOKKEEPING/AUDIT/TAX 117315 5 0 0 0 0 0 0 0 0 174966347 114804626 1256747 113697137 0 42454963 113697137 217421310 229758510 6977547 7879412 190983763 192657887 19460000 19460000 0 6761211 217421310 226758510 X 3000000 0 3000000 217421310 229758510 X 0 3000000 X 0 1 X 1 0 X 0 0 X 8404045 8404045 105293092 105293092 113697137 REFUNDABLE DEPOSITS 6752728 DUE TO AFFILIATES 8483 6761211 X 0 0 0 0 0 0 0 0 0 0 PART X, LINE 2: SEAFIELDS IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS INCOME FOR THE YEAR ENDING DECEMBER 31, 2024. SEAFIELDS IS GENERALLY NOT EXPOSED TO INTEREST AND PENALTIES RELATED TO INCOME TAXES. WHEN APPLICABLE, SEAFIELDS RECOGNIZES INTEREST AND PENALTIES PAID RELATED TO TAX OBLIGATIONS AND BENEFITS IN GENERAL AND ADMINISTRATIVE EXPENSES. SEAFIELDS FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF SOUTH CAROLINA. 0 0 0 0 0 0 0 0 0 SARAH EH TIPTON CEO/PRESIDENT 0 418070 0 0 0 0 0 30500 0 46901 0 495471 0 0 LYNNE L KERRISON EVP/CFO 0 345141 0 38500 0 0 0 23344 0 30455 0 437440 0 0 AARON D ROOP SR. VICE PRESIDENT 0 236681 0 36000 0 0 0 23000 0 16126 0 311807 0 0 KIMBERLY BORTS EXECUTIVE DIRECTOR 0 173138 0 20000 0 0 0 11847 0 8684 0 213669 0 0 PART I, LINE 3 TO ENSURE COMPENSATION IS WITHIN FAIR MARKET VALUE FOR THE SENIOR LIVING INDUSTRY, THE BOARD OF TRUSTEES REVIEWS 990 DATA AND ASSOCIATION PUBLICATIONS. THE BOARD ALSO QUESTIONS LEADING CONSULTANTS IN OUR INDUSTRY AND PERFORMS SALARY REVIEWS. A FORMAL COMPENSATION STUDY WAS PERFORMED FOR TOP EXECUTIVES IN 2022, WITH BOARD APPROVAL FOR COMPENSATION THAT WENT INTO EFFECT ON JANUARY 1, 2023. ALL DISCUSSIONS REGARDING COMPENSATION ARE DOCUMENTED IN BOARD MINUTES. SARAH E.H. TIPTON IS THE CHIEF EXECUTIVE OFFICER/PRESIDENT OF BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY ("BGERC") AND IS COMPENSATED BY BGERC WHICH IS A RELATED ENTITY OF KIAWAH LIFE PLAN, INC. LYNNE L. KERRISON IS THE CHIEF FINANCIAL OFFICER/EVP OF BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY ("BGERC") AND IS COMPENSATED BY BGERC WHICH IS A RELATED ENTITY OF KIAWAH LIFE PLAN, INC. BGERC FILES ALL REQUIRED EMPLOYMENT TAX RETURNS UNDER ITS EIN 57-0337132. A SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY 2023-11-15 197240000 TO FINANCE STARTUP COSTS 0 0 0 A 194778950 3895579 190883371 2023 1 1 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 4 THE COMPOSITION OF THE BOARD OF DIRECTORS WILL BE NO LESS THAN THREE, NOR MORE THAN SEVEN. DIRECTORS SHALL BE ELECTED FOR A TERM OF OFFICE OF THREE YEARS AND MAY BE RE-ELECTED FOR AN ADDITIONAL TERM OF THREE YEARS. THE DIRECTORS SHALL BE APPOINTED BY THE BOARD OF DIRECTORS OF BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY, A SOUTH CAROLINA 501(C)(3) NONPROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B AN INTERNAL REVIEW WAS PERFORMED BY THE ORGANIZATION'S ADMINISTRATIVE TEAM. A COPY OF FORM 990 WAS PROVIDED TO THE GOVERNING BODY FOR THEIR REVIEW BEFORE FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY. THE POLICY COVERS FAMILIES AND BUSINESS RELATIONSHIPS AS POTENTIAL SOURCES OF CONFLICT. AFTER THE STATEMENTS ARE TURNED IN, THEY ARE REVIEWED BY THE CHAIRMAN OF THE BOARD AND THE PRESIDENT/CEO. SHOULD A CONFLICT BE NOTED, THE CHAIRMAN AND PRESIDENT/CEO EITHER ASK THE BOARD MEMBER TO RESOLVE THE CONFLICT OR RECUSE HIM OR HERSELF FROM VOTING ON MATTERS WHERE THE CONFLICT EXISTS. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FINANCIAL STATEMENTS ARE ALSO POSTED ON THE ORGANIZATION'S WEBSITE. PART VII: COMPENSATION FROM RELATED ORGANIZATION COMPENSATION REPORTED ON PART VII, COLUMNS (E) AND (F) ARE PAID FROM THE RELATED ORGANIZATION, BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY ("BGERC"). BGERC FILES ALL REQUIRED EMPLOYMENT TAX RETURNS UNDER ITS EIN 57-0337132. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATE 3,000,000. BISHOP GADSDEN EPISCOPAL COMMUNITIES 1 BISHOP GADSDEN WAY CHARLESTON SC 29412 882582501 SENIOR LIVING COMMUNITY SC 501(C)(3) LINE 12A, I BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY 0 BISHOP GADSDEN EPISCOPAL RETIREMENT COMMUNITY 1 BISHOP GADSDEN WAY CHARLESTON SC 29412 570337132 SENIOR LIVING COMMUNITY SC 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1