2025-11-17T13:16:03-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2024-01-01 812698156 ALDERSGATE LIFE PLAN SERVICES INC ALDE 7045327000 3800 SHAMROCK DR CHARLOTTE NC 28215 CHERIE GRISSO FINANCIAL OPERATIONS VP 7045327000 2025-11-17 1 1 KATHERINE A WARLICK P02065266 7049985200 2025-11-15 2024 2025-03-06 01:10:19Z CHERIE GRISSO 3800 SHAMROCK DR CHARLOTTE NC 28215 127329 0 X N/A X 2016 NC PROVISION OF EXCELLENT CONTINUING CARE SERVICES FOR OLDER ADULTS 3 3 1 13 0 0 191477 13017 2197125 0 1108161 114312 0 0 3496763 127329 0 0 0 0 2066559 29044 0 0 0 1048084 17606 3114643 46650 382120 80679 1550199 1557008 1638356 1510578 -88157 46430 X WE CELEBRATE AND RESPECT THE VALUE OF EACH INDIVIDUAL WITHIN AN INCLUSIVE AND VIBRANT ALDERSGATE COMMUNITY. 0 1 46650 0 ALDERSGATE LIFE PLAN SERVICES, INC. PROVIDES DEVELOPMENT AND MANAGEMENT SERVICES INCLUDING OVERSIGHT, HUMAN RESOURCES, FINANCE, INFORMATION TECHNOLOGY, COMMUNITY ENGAGEMENT AND MARKETING TO ITS RELATED PARTIES. 46650 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 1 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X SARAH CROCKFORD 7045327000 3800 SHAMROCK DR CHARLOTTE NC 28215 THOMAS LAWING JR CHAIR 1.00 2.00 X X 0 0 0 MARY WILSON VICE CHAIR (THRU 6/30/24) 1.00 2.00 X X 0 0 0 STANLEY WATKINS SECRETARY (THRU 6/30/24 1.00 2.00 X X 0 0 0 PATRICIA PAT G GARRETT PAST CHAIR (THRU 6/30/24 1.00 2.00 X X 0 0 0 AMANDA GRIMES BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 REV DR OTTO HARRIS BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 SAMMY JACKSON BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 HOLLY LEVINSON BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 FRED LONGIETTI BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 BILLY MADDALON BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 WILLIAM SPRINGS BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 TOM WARSHAUER BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 IRENE VOGELSONG BOARD DIRECTOR (THRU 7/24) 1.00 2.00 X 0 0 0 SUZANNE PUGH CEO 40.00 5.00 X 28211 0 2599 28211 0 2599 1 0 0 0 0 13017 13017 114312 0 114312 114312 114312 127329 0 0 114312 X 27444 27444 1600 1600 8786 8786 945 945 5107 5107 492 492 -479 -479 MISCELLANEUOS 2755 2755 46650 46650 0 0 -3986 3229 14940 14940 1539331 492 1539245 1538839 1550199 1557008 1638356 1500000 0 10578 1638356 1510578 X -88157 46430 -88157 46430 1550199 1557008 X 80679 53908 X 0 1 X 1 0 X X 5 ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC 560547462 10 1 0 0 ALDERSGATE AT HOME INC 812678570 10 1 0 0 ALDERSGATE AT SHARON INC 812672298 10 1 0 0 ALDERSGATE AT SHALOM PARK INC 821000888 10 1 0 0 ALDERSGATE FOUNDATION INC 832495423 7 1 0 0 5 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1500000 1500000 39331 492 38839 1538839 DUE TO AFFILIATES 10578 10578 X PART X, LINE 2: ALDERSGATE AT SHAMROCK, HOLDINGS, ALDERSGATE AT HOME, AND ALPS ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) AND 501(C)(2), RESPECTIVELY, OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, ALDERSGATE AT SHAMROCK, HOLDINGS, ALDERSGATE AT HOME, AND ALPS HAVE MADE NO PROVISION FOR INCOME TAXES IN THE CONSOLIDATED FINANCIAL STATEMENTS. ALDERSGATE AT SHAMROCK, HOLDINGS, ALDERSGATE AT HOME, AND ALPS ARE NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS. ALDERSGATE AT SHAMROCK, HOLDINGS, ALDERSGATE AT HOME, AND ALPS FOLLOW ACCOUNTING GUIDANCE REGARDING RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. AS OF DECEMBER 31, 2024, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. FORM 990, PART III, LINE 3 ALPS ORGANIZATION CEASED FEBRUARY 2024. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE OFFICERS OF THE BOARD OF DIRECTORS AND HAS THE AUTHORITY TO ACT AS DELEGATED BY BOARD ACTION. FORM 990, PART VI, SECTION A, LINE 4 DURING 2024, ALDERSGATE UNITED METHODIST RETIREMINT COMMUNITY (ALDERSGATE), A RELATED EXEMPT ORGANIZATION AMENDED ITS BYLAWS TO REFLECT A REORGANIZATION WITH ALDERSGATE LIFE PLAN SERVICES (ALPS). AS A RESULT OF THIS CHANGE, ALPS WILL NO LONGER BE THE PARENT ENTITY TO ALDERSGATE, NO ALDERSGATE DECISION WILL REQUIRE ALPS APPROVAL, AND ALDERSGATE WILL ELECT THE 3-5 DIRECTORS OF ALPS. THE PRIMARY PURPOSE FOR ALPS WILL BE TO REMAIN THE SOLE MEMBER OF THE DEVELOPMENT AREA 1 LLCS FOR THE GROUND LEASE PROJECT OUTSIDE THE OBLIGATED GROUP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY MANAGEMENT OF THE ORGANIZATION BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF DIRECTORS ARE COVERED AND SIGN THE CONFLICT OF INTEREST POLICY. ITEMS THAT REPRESENT MAJOR EXPENDITURES ARE SUBJECT TO A BID PROCESS WHERE THE LOWEST COST PROVIDER OF THE DESIRED SERVICE IS GENERALLY SELECTED. FORM 990, PART VI, SECTION B, LINE 15 ALL EMPLOYEE (INCLUDING THE TOP MANAGEMENT AND KEY EMPLOYEES) COMPENSATION IS COMPARED PERIODICALLY TO WAGE DATA THAT ARE DEVELOPED INDEPENDENTLY THROUGH A LOCAL EMPLOYERS' ASSOCIATION. THE WAGES ARE REVIEWED TO CONFIRM THEY ARE COMPETITIVE IN THE LOCAL MARKET. THE COMPENSATION OF THE CEO IS APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 18 ALPS WAS THE PARENT COMPANY AND HAS NO BUSINESS ACTIVITY OF ITS OWN 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 IX, LINE 11G PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 807. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 807. OTHER OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 4,300. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,300. FORM 990, PART XI, LINE 9: PRIOR YEAR AUDIT ADJUSTMENT 53,908. APLS REAL ESTATE HOLDINGS B LLC 3800 SHAMROCK DR CHARLOTTE NC 28215 REAL ESTATE NC -218 678708 ALPS REAL ESTATE HOLDINGS A LLC 3800 SHAMROCK DR CHARLOTTE NC 28215 REAL ESTATE NC -274 860131 ALDERSGATE HOLDINGS INC 3800 SHAMROCK DR CHARLOTTE NC 28215 475163378 LAND INVESTMENT NC 501(C)(2) N/A ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY 0 ALDERSGATE UNITED METHODIST RETIREMENT COMMUNITY INC 3800 SHAMROCK DR CHARLOTTE NC 28215 560547462 SENIOR LIVING SERVICES NC 501(C)(3) LINE 10 N/A 0 ALDERSGATE AT SHARON INC 3800 SHAMROCK DR CHARLOTTE NC 28215 812672298 SENIOR LIVING SERVICES (INACTIVE) NC 501(C)(3) LINE 10 ALDERSGATE LIFE PLAN SERVICES 0 ALDERSGATE AT SHALOM PARK INC 3800 SHAMROCK DR CHARLOTTE NC 28215 821000888 SENIOR LIVING SERVICES (INACTIVE) NC 501(C)(3) LINE 10 ALDERSGATE LIFE PLAN SERVICES 0 ALDERSGATE FOUNDATION INC 3800 SHAMROCK DR CHARLOTTE NC 28215 832495423 FOUNDATION (INACTIVE) NC 501(C)(3) LINE 7 ALDERSGATE LIFE PLAN SERVICES 0 ALPS MGP LLC 3800 SHAMROCK DR CHARLOTTE NC 28215 933627604 REAL ESTATE HOLDING NC ALDERSGATE LIFE PLAN SERVICES C 1.00000 0 0 0 0 0 1 0 0 0 0 1 0 1 1 1 0 0 0 1 0