2025-04-08T13:29:43-05:00 2024-12-31 562397000 TARWATER & COMPANY PC PO BOX 11622 KNOXVILLE TN 37939 990 2024-07-01 320362338 LAURELWOOD SENIOR HOUSING CORPORATION LAUR 6156479004 PO BOX 58908 NASHVILLE TN 37205 CHRISTOPHER LOUDER VP OF FINANCE 6156479004 2025-04-08 1 1 JOE TARWATER CPA P00937104 8655840294 2025-04-08 2024 2025-03-06 01:10:19Z DOUGLASS B SMITH PO BOX 58908 NASHVILLE TN 37205 260994 0 X N/A X 2012 TN THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME, ELDERLY, AND/OR DISABLED INDIVIDUALS. 7 6 0 0 0 0 0 29103 435418 227387 4606 2535 4695 1969 444719 260994 0 0 0 0 95375 47572 0 0 0 293741 140950 389116 188522 55603 72472 1119036 1204732 289577 302801 829459 901931 THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME, ELDERLY, AND/OR DISABLED INDIVIDUALS. 0 0 164938 229356 THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO LOW AND MODERATE INCOME, ELDERLY, AND/OR DISABLED INDIVIDUALS. THE ORGANIZATION OPERATES A 65 UNIT APARTMENT COMPLEX IN MORRISTOWN, TN. 164938 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X CHRISTOPHER LOUDER 6156479004 PO BOX 58908 NASHVILLE TN 37205 DOUGLASS SMITH DIRECTOR/PRESIDENT OF HUTSONWOOD 0.50 39.50 X X 0 220835 15704 ANDREA BARACH VP AND CORPORATE SECRETARY 0.50 39.50 X 0 136626 9496 CHRISTOPHER LOUDER VP FINANCE 0.10 39.90 X 0 92304 19355 JO ANN CORBITT DIRECTOR 0.10 6.90 X 0 44750 0 JOHN G FOOS DIRECTOR 0.10 6.90 X 0 41500 0 STEPHEN F WOOD JR DIRECTOR 0.10 6.90 X 0 40250 0 JIM RIDENOUR DIRECTOR/CHAIRMAN OF THE BOARD OF HUTSONWOOD 0.10 11.90 X 0 74000 0 LAURA HAWKEN DIRECTOR 0.10 6.90 X 0 34500 0 CHRIS HODGES DIRECTOR 0.20 6.80 X 0 30000 0 STEPHEN F WOOD SR DIRECTOR EMERITUS 0.00 2.00 X 0 18000 0 0 732765 44555 0 1 1 0 0 29103 29103 RENTAL INCOME 531110 227387 227387 227387 2535 2535 LAUNDRY AND VENDING RE 812300 1471 1471 TENANT CHARGES 531110 498 498 1969 260994 229356 0 2535 43043 43043 4529 4529 16794 16794 1755 1755 199 199 41543 34753 6790 1277 1277 42605 42605 100 100 17449 17449 19164 19164 BAD DEBT EXPENSE 64 64 188522 164938 23584 0 54765 117185 2410 1344 21209 70460 1281529 393575 903393 887954 137259 127789 1119036 1204732 39455 51018 250122 251783 289577 302801 X 829459 901931 829459 901931 1119036 1204732 72472 0 X X 0 1 X 1 0 X 29103 29103 395683 401034 416538 435418 227387 1876060 395683 401034 416538 435418 256490 1905163 0 0 0 1905163 185 136 2865 4606 2535 10327 185 136 2865 4606 2535 10327 7541 4884 2057 4695 1969 21146 403409 406054 421460 444719 260994 1936636 0.98370 0.98160 0.00530 0.00430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING REVENUE - 2020 AMOUNT: $ 1,245. 2021 AMOUNT: $ 1,140. 2022 AMOUNT: $ 872. 2023 AMOUNT: $ 1,635. 2024 AMOUNT: $ 1,471. TENANT CHARGES - 2020 AMOUNT: $ 6,296. 2021 AMOUNT: $ 3,744. 2022 AMOUNT: $ 1,185. 2023 AMOUNT: $ 3,060. 2024 AMOUNT: $ 498. PART III, SHORT YEAR EXPLANATION: THE CORPORATION'S CURRENT FILING IS FOR THE SHORT PERIOD 7/1/24 - 12/31/24. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114600 114600 1159971 386617 773354 6958 6958 0 887954 ESCROWS/DEPOSITS 127789 127789 0 0 0 0 0 0 0 0 0 DOUGLASS SMITH DIRECTOR/PRESIDENT OF HUTSONWOOD 0 220835 0 0 0 0 0 0 0 0 0 220835 0 0 STEPHEN F WOOD SR DIRECTOR EMERITUS 0 18000 0 0 0 0 0 0 0 0 0 18000 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH EMERALD HOUSING MANAGEMENT, LLC, A TENNESSEE LIMITED LIABILITY COMPANY. MANAGEMENT SERVICES INCLUDE SUPERVISION OF FACILITY OPERATIONS, ADMINSTRATIVE SERVICES, MANAGEMENT INFORMATION SYSTEMS SERVICES, ACCOUNTING, AND COST REPORT PREPARATION. THERE ARE NO CURRENT OFFICERS, DIRECTORS, OR HIGHEST COMPENSATED EMPLOYEES WHO WERE COMPENSATED BY THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, THEREFORE THIS QUESTION HAS BEEN MARKED "NO" IN ACCORDANCE TO THE IRS INSTRUCTIONS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S LEGAL COUNSEL AND AN AUTHORIZED MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. ADDITIONALLY, A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CERTIFICATIONS ARE RECEIVED FROM ALL OFFICERS AND DIRECTORS TO DETERMINE WHETHER ANY POTENTIAL CONFLICTS OF INTEREST EXIST. THE BOARD OF DIRECTORS DISCUSS THE ANNUAL CERTIFICATIONS AT THE BOARD MEETINGS TO DETERMINE WHETHER AN ACTUAL CONFLICT OF INTEREST EXISTS. IF A CONFLICT IS DETERMINED TO EXIST, THAT PERSON WOULD BE RECUSED FROM TAKING PART IN ANY DECISION CONCERNING THE CONFLICTING ISSUE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS, OTHER OFFICERS, AND KEY EMPLOYEES IS PAID BY A RELATED ORGANIZATION. THEREFORE, LINE 15A AND 15B HAVE BEEN ANSWERED "NO" IN ACCORDANCE WITH FORM 990 INSTRUCTIONS. COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL BY THE BOARD. COMPENSATION IS BASED ON AN INDEPENDENT STUDY AND INCREASES IN COMPENSATION ARE AT THE DISCRETION OF THE BOARD. THE ORGANIZATION ROUTINELY HAS COMPENSATION STUDIES PERFORMED BY A THIRD PARTY, WHICH INCLUDES REVIEW BY A THIRD PARTY, AND INCLUDES A REVIEW OF THE ECONOMIC RESEARCH INSTITUTE'S EXECUTIVE ASSESSOR DATABASE. THE MERCER EXECUTIVE BENCHMARK DATABASE AND SURVEY DATA FROM A GROUP OF PEER COMPANIES WITHIN THE ASSISTED AND LONG-TERM CARE INDUSTRY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE TO THE ORGANIZATION'S OVERSIGHT PROCESS DURING THE YEAR. CLAREMONT HEALTH SYSTEM INC PO BOX 58908 NASHVILLE TN 37205 621486858 NURSING HOME NJ 501(C)(3) LINE 10 HUTSONWOOD INC 0 CLEVELAND SENIOR HOUSING CORPORATION PO BOX 58908 NASHVILLE TN 37205 264739076 SENIOR HOUSING TN 501(C)(3) LINE 10 HUTSONWOOD INC 0 EMERALD SPRING HILL INC PO BOX 58908 NASHVILLE TN 37205 474584314 NURSING HOME TN 501(C)(3) LINE 10 HUTSONWOOD INC 0 HUTSONWOOD INC PO BOX 58908 NASHVILLE TN 37205 452449379 SUPPORTING ORGANIZATION NV 501(C)(3) LINE 12B, II HUTSONWOOD INC 0 HOOSIER CARE II INC PO BOX 58908 NASHVILLE TN 37205 311274121 NURSING HOME IN 501(C)(3) LINE 10 HUTSONWOOD INC 0 HOOSIER CARE PROPERTIES INC PO BOX 58908 NASHVILLE TN 37205 200377349 HOLDING COMPANY IN 501(C)(3) LINE 10 HUTSONWOOD INC 0 HOOSIER CARE INC PO BOX 58908 NASHVILLE TN 37205 311262572 NURSING HOME IN 501(C)(3) LINE 10 HUTSONWOOD INC 0 HOOSIER HOUSING GROUP INC PO BOX 58908 NASHVILLE TN 37205 463491686 HOLDING COMPANY NV 501(C)(3) LINE 10 HUTSONWOOD INC 0 HUTSONWOOD AT SPRING HILL INC PO BOX 58908 NASHVILLE TN 37205 934834776 SENIOR HOUSING TN 501(C)(3) LINE 10 HUTSONWOOD INC 0 HUTSONWOOD FOUNDATION INC PO BOX 58908 NASHVILLE TN 37205 991898710 CHARITABLE FOUNDATION TN 501(C)(3) LINE 10 HOOSIER CARE INC 0 GATE MANOR HOUSING GP LLC PO BOX 58908 NASHVILLE TN 37205 352531184 AFFORDABLE HOUSING PROJECTS TN C 0 KNOXVILLE HOUSING PORTFOLIO GP LLC PO BOX 58908 NASHVILLE TN 37205 474536542 AFFORDABLE HOUSING PROJECTS TN C 0 JACKSON HOUSING PORTFOLIO GP LLC PO BOX 58908 NASHVILLE TN 37205 364843724 AFFORDABLE HOUSING PROJECTS TN C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0