2026-07-09T10:00:01-07:00 2025-12-31 421169936 Houston & Seeman PC 724 Story St 601 Boone IA 50036 990 2025-01-01 420883987 NORTHCREST INC NORT 5152326760 2300 NORTHCREST PKWY AMES IA 50010 MARK VANDERLINDEN CFO 2026-07-09 true Eric G Seeman P00333184 5154321176 2025 2025-03-06 01:10:19Z 2300 NORTHCREST PKWY AMES IA 50010 20059336 false X www.northcrestcommunity.org X 1961 IA TO PROVIDE LIFETIME CARE SERVICES TO RESIDENTS 8 8 223 0 143194 265681 13116923 13467849 1498163 1420943 364932 138808 15123212 15293281 0 0 6620819 6909555 0 0 6529492 7065927 13150311 13975482 1972901 1317799 89245296 91552047 65428319 64753236 23816977 26798811 TO PROVIDE LIFETIME CARE SERVICES TO RESIDENTS false false 12519677 13467849 THE ORGANIZATION PRINCIPALLY PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A LIFE CARE FACILITY CONTAINING 42 TOWNHOMES, 116 APARTMENTS, 32 ASSISTED LIVING APARTMENTS, A 40 BED HEALTH CARE CENTER, AND A 14 BED ALZHEIMERS UNIT. 12519677 true false false false false false false false false false true false false true true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 31 0 true 223 false false false false false false false false 0 false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false X CFO 5152326760 2300 NORTHCREST PKWY AMES IA 50010 DAWN BORWIG CEO 45.00 10.00 X 226209 0 15172 HEIDI PALMER CFO 45.00 10.00 X 157206 0 12780 FERNANDO BARTHOLOMEUSZ EMPLOYEE 40.00 0.00 149530 0 8901 KNUT MORKEN EMPLOYEE 40.00 0.00 104464 0 3606 MARGO WEILAND EMPLOYEE 40.00 0.00 99143 0 6000 SARAH HEIKENS Director 2.00 0.00 X 0 0 0 DAVID CARLYLE Secretary 4.00 4.00 X X 0 0 0 ROGER KLUESNER President 4.00 2.00 X X 0 0 0 JAN WILLIAMS Director 2.00 0.00 X 0 0 0 CINDY INBODY Director 2.00 2.00 X 0 0 0 REBECCA REISINGER Vice President 4.00 2.00 X X 0 0 0 KRIS EVANS Treasurer 4.00 2.00 X X 0 0 0 DR ELIZABETH STEGEMOLLER Director 2.00 0.00 X 0 0 0 MARK VANDERLINDEN CFO 45.00 10.00 X 0 0 0 736552 46459 4 false true false MARTIN BROTHERS DIST CO INC 406 VIKING ROAD CEDAR FALLS IA 50613 DELIVERY 303662 MECHANICAL COMFORT INC 302 SONDROL AVE AMES IA 50010 HVAC 273427 HEDRICK CONSTRUCTION 104 CAMPUS DRIVE SUITE 201 HUXLEY IA 50124 CONSTRUCTION 108315 REDEKERS FINE HOME FURNISHINGS 1264 S AVENUE BOONE IA 50036 FURNITURE CONSTRUCTION 112928 4 216906 48775 265681 ENDOWMENT FEE APPORTIONMT 623000 3396650 3396650 FOOD SERVICE 623000 1017291 1017291 RESIDENTS MONTHLY SER CHG 623000 9053908 9053908 13467849 1294036 1294036 0 0 0 4892962 4766055 126907 126907 126907 0 0 0 SUPPORT SERVICES 900099 138808 138808 138808 15293281 15027600 0 0 0 0 411367 411367 0 5391660 5051367 340293 87968 82602 5366 588380 456977 131403 430180 371718 58462 0 16691 16691 17392 17392 0 0 92775 92775 129308 86801 42507 139470 90406 49064 0 209860 27855 182005 0 1254164 1254164 0 0 0 1820613 1820613 0 2360628 2360628 349625 332436 17189 SUPPLIES & FOOD 614852 570692 44160 MISCELLANEOUS 60549 13418 47131 0 13975482 12519677 1455805 0 0 277729 590200 0 46499 51624 0 0 0 0 35145 43852 83634680 26932691 58181176 56701989 25549651 29475518 0 0 0 5155096 4688864 89245296 91552047 1360602 1377790 27152824 27311958 36694893 35856988 220000 206500 65428319 64753236 X 23816977 26798811 23816977 26798811 89245296 91552047 X 1317799 1683473 -19438 X false true X true false X 208183 137215 139823 143194 265681 894096 10651692 11786980 12454122 13116923 13467849 61477566 0 0 0 10859875 11924195 12593945 13260117 13733530 62371662 0 0 62371662 1177315 1357533 1000428 1498163 1420943 6454382 0 1177315 1357533 1000428 1498163 1420943 6454382 0 141342 1127896 186409 364932 138808 1959387 12178532 14409624 13780782 15123212 15293281 70785431 0.88110 0.90820 0.09120 0.09180 X 1935799 1935799 76094608 22995006 53099602 5604273 3937685 1666588 56701989 BOND FUNDS HELD IN TRUST 4688864 4688864 CHARITABLE GIFT ANNUITY LIABILITY 90000 DEPOSITS OF PROSPECTIVE RESIDENTS 116500 206500 X Part X : FIN48 Footnote THE ORGANIZATION DOES NOT BELIEVE IT HAS ANY INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. X X false false false false false false false false false DAWN BORWIG CEO 226209 15172 241381 FERNANDO BARTHOLOMEUSZ EMPLOYEE 149530 8901 158431 HEIDI PALMER CFO 157206 12780 169986 A IOWA FINANCE AUTHORITY 521699886 46245FAW4 2018-12-20 54709306 SEE PART VI false false false A 54709306 3127263 1094186 41543685 8488854 455318 true false false true A false false false false false false true A false true false false false true A true Part VI PART I(F) DESCRIPTION OF PURPOSE - THE SERIES 2018 BONDS WERE ISSUED FOR THE PURPOSE OF: (1) TO PAY OR REIMBURSE NORTHCREST INC FOR THE PAYMENT OF PROJECT COSTS,(2) TO REFUND THE IOWA FINANCE AUTHORITY RETIREMENT FACILITY REVENUE REFUNDING BOND (NORTHCREST INC PROJECT) SERIES 2016 A BONDS ORIGINALLY ISSUED ON 11-08-2016,(3) TO FUND A DEBT SERVICE RESERVE FUND FOR THE SERIES 2018 BONDS,(4) TO PAY CAPITALIZED INTEREST ON THE BONDS DURING CONSTRUCTION AND(5) TO PAY CERTAIN EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE SERIES 2018 BONDS.THE PROJECT CONSISTS OF (A) THE CONSTRUCTION OF A 24-BED REPLACEMENT NURSING FACILITY, (B) THE CONSTRUCTION OF 48 NEW INDEPENDENT SENIOR LIVING APARTMENTS AND 32 ASSISTED LIVING APARTMENTS, (C) THE RENOVATION AND EXPANSION OF COMMON AREAS, AND (D) OTHER ASSOCIATED SITE WORK AND DEVELOPMENT COSTS.PART II, LINE 11 OTHER SPENT PROCEEDS - REFUND SERIES 2016 BONDS ON ISSUE DATE OF 2018 BONDS. Form 990, Part VI, Section B, Line 11b AUDITOR REVIEWED THE FORM 990 WITH THE BOARD OF DIRECTORS BEFORE FILING. Form 990, Part VI, Section B, Line 12c ORGANIZATION REQUIRES ONGOING DISCLOSURE OF ANY CONFLICTS AND ANNUALLY REVIEWS ALL DIRECTORS AND OFFICERS FOR CONFLICTS. Form 990, Part VI, Section B, Line 15a BOARD REVIEWS THE COMPENSATION PACKAGE OF THE CEO ANNUALLY AND DOES COMPARISONS WITH SIMILAR ORGANIZATIONS. Form 990, Part VI, Section B, Line 15b THE CEO REVIEWS THE COMPENSATION PACKAGE OF THE CFO ANNUALLY AND DOES COMPARISONS WITH SIMILAR ORGANIZATIONS. Form 990, Part VI, Section C, Line 19 ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST Form 990, Part XI, Line 9 CHANGE IN VALUE OF SPLIT INTEREST AGREEM = -$19438 NORTHCREST FOUNDATION 2300 NORTHCREST PKWY AMES IA 50010 421511969 SOLICIT & DISTRIBUTE FUNDS FOR THE BETTERMENT OF NORTHCREST IA 501(C)(3) I N/A false false false true false true false false false false false false false false true true false true false false NORTHCREST FOUNDATION c 216906 AMOUNTS PAID NORTHCREST FOUNDATION e 35856988 OUTSTANDING AMT