2025-11-17T07:30:25+00:00 2024-12-31 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2024-01-01 561345076 Plantation Village Inc PLAN 9106867181 1200 PORTERS NECK ROAD WILMINGTON NC 28405 Mark Sweeney TREASURER 2025-11-17 true Amy Bibby P00445891 8282542254 2025-11-03 2024 2025-03-06 01:10:19Z PORTERS NECK VILLAGE KIM NELSON 1200 PORTERS NECK ROAD WILMINGTON NC 28405 21436142 false X www.PortersNeckVillage.org X 1982 NC Operation of a continuing care retirement community. 15 15 237 16 0 0 0 18134580 19830529 755149 980613 21075 625000 18910804 21436142 6711 13067 0 0 5640709 5646266 0 0 0 13523940 14944428 19171360 20603761 -260556 832381 135416117 120669572 125997416 109348632 9418701 11320940 The mission of Plantation Village is to be a welcoming village for a stimulating and secure life with superior services. false false 14088467 13067 20455529 OPERATE A LIFE CARE FACILITY TO PROVIDE HOUSING, SUPPORT SERVICES, HEALTH CARE, AND FINANCIAL SECURITY TO ELDERLY PERSONS. 14088467 true false false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 52 0 true 237 true false false false false false false false false false false false false X 15 15 false true false false false false false true true false false false true true true true true true true true false false X CARA ARRANS 9107723114 1200 PORTERS NECK ROAD WILMINGTON NC 28405 Jack Fuller Board Vice Chair 2.0 X X 0 0 0 Mark Sweeney Treasurer 2.0 X X 0 0 0 Mary Beth Hardy Board Chair 2.0 X X 0 0 0 Cy Pizette Director 2.0 X 0 0 0 Elinor Netzorg Director 2.0 X 0 0 0 Eric Bregman Director 2.0 X 0 0 0 Griffin Sutton Director 2.0 X 0 0 0 Jeffery Turpin Director 2.0 X 0 0 0 John Cheshire Director 2.0 X 0 0 0 Kara Gansmann Director 2.0 X 0 0 0 Melissa Batchelor Director 2.0 X 0 0 0 Rhonda Bellamy Director 2.0 X 0 0 0 R'Lou Ellson Director 2.0 X 0 0 0 Sharon Jessup Director 2.0 X 0 0 0 Tolga Cankurtaran Director 2.0 X 0 0 0 Tom Roark Director 2.0 X 0 0 0 Zane Bennett Executive Director 40.0 X 0 0 0 Cara Arrans Director of Accounting 40.0 X 102626 0 0 Johnna Dodrill Director of Facility Services 40.0 X 102926 0 0 205552 0 0 2 false false false LCS Holding Company 400 Locust St STE 820 Des Mounes IA 50309 Management Development 1403399 Cornelia Nixon Davis 1011 Porters Neck Rd Wilmington NC 28411 Contracted AL/SNF 1074399 Danna Moran 14220 Ashton Rd Rocky Point NC 28457 Refurb/Painting 285595 3 0 RESIDENT SERVICES 623000 19830529 19830529 0 0 0 0 19830529 943249 943249 0 0 37364 37364 0 37364 37364 MISCELLANEOUS REVENUE 900099 625000 625000 0 0 0 0 625000 21436142 20455529 0 980613 X 13067 13067 4779274 4034729 744545 82274 69457 12817 406361 343056 63305 378357 319414 58943 802495 802495 28049 28049 78217 78217 2153265 2153265 0 0 486805 486805 1992468 1542338 450130 231084 231084 823402 795474 27928 51829 34416 17413 19373 5620 13753 1718495 1718495 3810741 3719163 91578 1689737 1689737 FOOD 1058468 1058468 0 0 0 0 20603761 14088467 6515294 0 998431 262046 30897056 14086116 1390039 2099358 0 0 0 0 88677 98429 929133 1367088 129033731 41346170 87509889 87687561 13602892 15068974 0 0 0 0 135416117 120669572 4441090 2410891 19685199 17630728 0 0 64066616 48659025 37804511 40647988 125997416 109348632 X 9418701 11320940 9418701 11320940 135416117 120669572 832381 1069858 0 X X false true true false X 3552 3552 18386893 16397928 16764945 18134580 19830529 89514875 0 0 0 18390445 16397928 16764945 18134580 19830529 89518427 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 89518427 200045 308311 309526 642991 943249 2404122 0 200045 308311 309526 642991 943249 2404122 0 0 0 0 21075 625000 646075 18590490 16706239 17074471 18798646 21398778 92568624 0.96705 0.98076 0.03 0.02 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - 21075.0, COLUMN E - 625000.0, COLUMN F - 646075.0; 868556 868556 87158041 28117242 59040799 14819678 4780838 10038840 5396045 1740768 3655277 20791411 6707322 14084089 87687561 Federal Income Taxes DEPOSIT ON UNOCCUPIED UNIT 430115 ENTRANCE FEES PAYABLE 38358937 REFUNDABLE FEES 1771936 Deposits residents 87000 40647988 X 22501571 1069858 0 1069858 21431713 4429 4429 21436142 20599332 0 0 20599332 4429 4429 20603761 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Community has been recognized by the Internal Revenue Service as a not-for-profit corporation as described in Section 501 (c)(3) of the Internal Revenue Code (IRC) and is exempt from federal income taxes pursuant to Section 501(a) of the IRC. Similar provisions apply to state income taxes in the North Carolina law. In the opinion of management, the Community has no uncertain tax positions. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Revenues in expenses - 4429 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Revenues in expenses - 4429 Form 990, Part VI, Line 18 THE ORGANIZATION MAKES THE FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE PRESIDENT, VICE PRESIDENT, THE SECRETARY, THE TREASURER AND TWO OTHER DIRECTORS AT THE DISCRETION OF THE PRESIDENT. THE PRESIDENT SHALL BE THE CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION EXCEPT FOR THE POWERS GRANTED TO OTHER COMMITTEES. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION HIRES A MANAGEMENT COMPANY, LIFE CARE SERVICES LLC. THE MANAGEMENT COMPANY EMPLOYS THE EXECUTIVE DIRECTOR ZANE BENNETT AND COMPENSATES HIM $278,941. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THEN, THE FORM 990 IS PROVIDED TO BOARD MEMBERS VIA SECURE EMAIL FOR REVIEW BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND COMPLETED ANNUALLY BY BOARD MEMBERS. THROUGHOUT THE YEAR, BOARD MEMBERS ARE REMINDED TO REPORT ANY CONFLICTS. 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 UPON REQUEST. Form 990, Part IX, Line 11g Other Fees PURCHASED SERVICES - Total Expense: 2153265, Program Service Expense: 2153265, 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: ; - 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 XII, Line 2c Change of oversight process or selection process THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PART VI, SECTION B, LINE 15: THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY LIFE CARE SERVICES, LLC, THE MANAGEMENT COMPANY HIRED BY THE ORGANIZATION.