2024-01-22T08:42:05-08:00 2023-06-30 770460195 McGilloway Ray Brown & Kaufman 2511 Garden Road Suite A-180 Monterey CA 93940 990 2022-07-01 941225368 Carmel Foundation CARM 8316241588 PO BOX 1050 Carmel CA 93921 Gerald W Bachecki CPA Treasurer 2024-01-22 true Gerald W Bachecki CPA 999009999 true Patricia M Kaufman CPA P00312047 8313733337 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Holly Zoller PO BOX 1050 Carmel CA 93921 3119777 false X WWW.CARMELFOUNDATION.ORG X 1950 CA The Carmel Foundation's mission is to provide a place for seniors to gather and enjoy a variety of activities and services in an environment of respect and camaraderie, a place to call home. 14 14 18 100 0 1099302 1425483 481682 547664 552555 510522 -31537 21356 2102002 2505025 0 0 1280533 1458956 0 219354 1132073 1329729 2412606 2788685 -310604 -283660 19176742 20113722 165462 191806 19011280 19921916 The Carmel Foundation's mission is to provide a place for seniors to gather and enjoy a variety of activities and services in an environment of respect and camaraderie, a place to call home. false false 704728 367856 Senior Housing Program: To provide independent living, low-income housing for members of the Carmel Foundation who are at least 65 years old. The Carmel Foundation has 50 units. 560059 159546 Meal Programs: Three meal programs, in-housing dining four days a week for lunch, curb-side pickup to go three days a week and home bound meals delivered to members who can't come to the Foundation. Over 22,000 meals were prepared during the fiscal year. 409592 12023 Member Services: Over 50 interesting classes and activities weekly. Instructional classes onsite and on-line. Wednesday program with guest speakers. Provide medical equipment free of charge. 1674379 true true false false false false false false false true true false false true false true true false false false false false false false true false false false false true false false false false false false false false true false false false false false false false false true 8 0 true 18 true false false false false false false false 0 false false false false false false false X 14 14 false false false false false false false true false false false true true true true true true true true false CA X BETH BATES 8316241588 8TH SE CORNER CARMEL CA 93921 Holly Zoller President & CEO 40.00 0.00 X 147489 0 23807 Beth Bates Finance Dir. 40.00 0.00 X 124489 0 5964 Mitch Matthews Chairman 1.00 0.00 X X 0 0 0 Crissy Dawson Secretary 1.00 0.00 X X 0 0 0 Chuck Des Roches Esq Vice Chair Gov 1.00 0.00 X X 0 0 0 Diego Reyes Vice Chair Dev 1.00 0.00 X X 0 0 0 Fred Medero Director 1.00 0.00 X 0 0 0 Gerald W Bachecki CPA Treasurer 1.00 0.00 X X 0 0 0 Jerry Traynor Vice Chair Prog 1.00 0.00 X X 0 0 0 Joan Crenshaw Director 1.00 0.00 X 0 0 0 Ken Hunter Director 1.00 0.00 X 0 0 0 Mirianne Baldrica Director 1.00 0.00 X 0 0 0 Mary Crowe Director 1.00 0.00 X 0 0 0 Michael Mason Director 1.00 0.00 X 0 0 0 Shirley Kiatta Director 1.00 0.00 X 0 0 0 Tom Reddy Director 1.00 0.00 X 0 0 0 271978 29771 2 false true false 0 198934 42400 1184149 30400 1425483 Additional Services 900099 20262 20262 Lunch Services 721000 159546 159546 Senior Housing 531110 367856 367856 547664 360500 360500 0 0 0 764774 600226 14526 164548 -14526 150022 150022 2930 42400 2930 2930 0 0 Other Revenue 18426 18426 18426 2505025 547664 531878 0 0 0 0 319320 110222 181542 27556 0 823737 604642 119847 99248 10074 6457 1815 1802 220927 162712 41808 16407 84898 56086 19612 9200 0 4437 4437 39838 39838 0 0 79304 79304 95629 18647 76982 13404 6663 961 5780 17926 4861 11547 1518 0 0 303997 196428 107096 473 3108 204 2904 0 0 0 0 206743 136040 70703 82266 51246 31020 Repairs & Maintenance 169296 102735 66561 Food and Meals 136738 136704 34 Financial Assistance 49006 49006 Misc Expenses 38406 7913 27892 2601 89631 23813 11083 54735 2788685 1674379 894952 219354 1465205 162179 1060350 80172 125251 0 0 0 0 0 44118 34840 8704192 5408779 3455584 3295413 8734630 13977462 0 0 0 5397033 1458227 19176742 20113722 165462 191806 165462 191806 X 16794168 17219682 2217112 2702234 19011280 19921916 19176742 20113722 X -283660 801774 392522 X false true X false false X 1120136 1913833 1417216 1099302 1428413 6978900 0 0 1120136 1913833 1417216 1099302 1428413 6978900 326514 6652386 350954 326936 315899 339139 360500 1693428 19413 23680 43093 18978 20268 6201 11131 26665 83243 8798664 2509287 0.75610 0.74080 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1087060 87883 1174943 1255470 -168410 1087060 1255470 358318 358318 1255470 1255470 87293 87293 1255470 1387837 86227 218594 1255470 false false false 427623 427623 7713137 4428930 3284207 479576 -479576 199253 170893 28360 364179 329380 34799 3295413 Beneficial Interest in split int agreem 770963 Construction in progress Pooled funds Unconditional promise to give land lease 687264 1458227 X 3725565 801774 105548 392522 1299844 2425721 79304 79304 2505025 2814929 105548 105548 2709381 79304 79304 2788685 Part V, Line 4: Intended uses of the endowment fund. Low income senior housing endowment covers the deficit of the annual program. Part X : FIN48 Footnote Management has considered its tax positions and believes that all of the positions taken in its federal and state exempt organization tax returns are mote likely than not to be sustained upon examination. The Foundation's tax returns are subject to examination by federal and state taxing authorities, generally for three years and four years, respectfully, after they are filed. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 change in value of split interest agreem $392522 false Auction Gala 45330 42400 2930 45330 42400 2930 2930 X X false false false false false false false false false Holly Zoller President & CEO 147489 6107 17700 171296 Auction 30400 Sale Price false false false Form 990, Part VI, Section B, Line 11b The Finance Committee is tasked with the annual review of the draft 990. A 990 is emailed to the board prior to the next board meeting. At that meeting a summary level review is discussed by the Board Treasurer and is recommended for approval by the Finance Committee. Form 990, Part VI, Section B, Line 12c An annual statement is required by each board and managerial staff and turned into the President & CEO. Form 990, Part VI, Section B, Line 15a The Foundation shall always undertake and satisfy all three prongs of the rebuttable presumption set forth in the IRS code regarding intermediate sanctions. Before making the reasonable compensation determination, the governing body relied on comparability data and uses the Fairpay annual survey. Compensation is further discussed and approved by the Board of Directors. Form 990, Part VI, Section B, Line 15b The Foundation shall always undertake and satisfy all three prongs of the rebuttable presumption set forth in the IRS code regarding intermediate sanctions. Before making the reasonable compensation determination, the governing body relied on comparability data and uses the Fairpay annual survey. Compensation is further discussed and approved by the Board Chair, President & CEO, and the Board Treasurer. Form 990, Part VI, Section C, Line 19 Governing documents, policies, and financial statements are available upon request. Form 990, Part XI, Line 9 Change in value of split interest agreement = $392522