2025-09-08T18:50:30-05:00 2025-04-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2024-05-01 834574036 Senior Living of Bedford SENI 6037147003 24 Old Bedford Road Bedford NH 03110 Paul Harrington Chair 6037147003 2025-09-05 1 1 Melissa Magoon CPA P01712842 2077752387 2025-09-05 2024 2025-03-06 01:10:19Z Bowman Place at Olde Bedford Paul Harrington 24 Old Bedford Road Bedford NH 03110 12596385 0 X www.bowmanplace.org X 2018 NH Senior living community 10 9 147 37 0 0 27904 44248 11639759 12409505 93028 135264 0 1939 11760691 12590956 0 0 0 0 4814547 5307717 0 0 0 7065067 6868243 11879614 12175960 -118923 414996 38531468 38471713 45904283 45432883 -7372815 -6961170 X The mission of Bowman Place at Olde Bedford is to establish, maintain and operate an assisted living and memory care facility that provides services in the care of elderly persons, and financial security to the residents of its facilities with a strong focus on exceptional care, staff education for best and most current care practices for aging seniors, a Signature Activities Program to promote overall well-being and socialization, and an immediate sense of community. 0 0 9560922 12409505 Bowman Place at Olde Bedford provides the highest quality services in the most cost efficient manner in order to meet the residential needs of seniors requiring assisted living and memory care. 9560922 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 27 0 1 147 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Sheryl White 6034378082 10 Ashley Dr Londonderry NH 03053 Paul Harrington Chair 4.00 X X 0 0 0 Chester Bowen Vice Chair 1.00 X X 0 0 0 Linda Jacobson Treasurer 1.00 X X 0 0 0 Eldon Munson Secretary 3.00 X X 0 0 0 Deborah Balin Trustee 1.00 X 0 0 0 Paul DelGuidice Trustee 1.00 X 0 0 0 Marc Jobin Trustee 1.00 X 0 0 0 Jennifer Lever Trustee 1.00 X 0 0 0 Robert McCarthy Trustee 1.00 X 0 0 0 Alan Yeaton Trustee 1.00 X 0 0 0 Alicia Nordin Executive Director 40.00 X 156450 0 10606 156450 0 10606 1 0 1 0 GenNx Whitsons Acquitions Inc DBA Glend PO Box 5422 New York NY 10087 Food Service 1645790 Munson and Associates LLC 492 Bible Hill Rd Francestown NH 03043 Project Management 398045 ANN Holding Company LLC 999 Candia Rd Unit 5 Manchester NH 03109 Landscaping Services 103272 3 16051 28197 44248 Net Resident Service Revenue 623312 11424121 11424121 Professional Services 623312 777051 777051 Community Fee Revenue 623312 208333 208333 12409505 135264 135264 0 16051 5429 -5429 -5429 Insurance Proceeds 900099 7368 7368 7368 12590956 12409505 0 137203 167056 167056 4417506 4008930 408576 341628 308722 32906 381527 334397 47130 19242 1924 17318 77936 7794 70142 98059 9806 88253 217506 217506 60210 6021 54189 139090 13909 125181 672536 67254 605282 2116931 1855424 261507 1461569 1281020 180549 241760 24176 217584 Resident Care 1628006 1628006 Supplies 78984 7898 71086 Other Expenses 56414 5641 50773 12175960 9560922 2615038 0 X 1542683 2106877 10557 25056 97801 99843 39062707 6033108 34346059 33029599 39635 18434 2494733 3191904 38531468 38471713 1395218 1156421 316707 315644 41521876 41544030 1773751 1515278 896731 901510 45904283 45432883 X -7372815 -6961170 -7372815 -6961170 38531468 38471713 X 414996 -3351 X 0 1 X 1 0 X 5000 2275 27904 44248 79427 45501 3146948 8538684 11639759 12409505 35780397 50501 3146948 8540959 11667663 12453753 35859824 0 8508 1128285 314636 1451429 8508 1128285 314636 1451429 34408395 2397 600 29753 93028 135264 261042 2397 600 29753 93028 135264 261042 673988 10923 7368 692279 52898 3821536 8581635 11760691 12596385 36813145 0.93470 0.89780 0.00710 0.01480 X Schedule A, Part III, Line 12, Explanation of Other Income: Gain on Refinancing - 2021 Amount: $ 673,988. Insurance Proceeds - 2022 Amount: $ 10,923. 2024 Amount: $ 7,368. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4132254 4132254 29696644 4859446 24837198 12013 1853 10160 1527000 715036 811964 3694796 456773 3238023 33029599 Resident Deposits 883076 Trustee-held funds 2308828 3191904 Resident Deposits 883076 Lease liabilities - operating 18434 901510 12593034 5429 5429 12587605 3351 3351 12590956 12181389 5429 5429 12175960 0 12175960 Part XI, Line 2d - Other Adjustments: Fundraising Expense 5,429. Part XI, Line 4b - Other Adjustments: Extinguishment of Debt 3,351. Part XII, Line 2d - Other Adjustments: Fundraising Expense 5,429. Margaritaville 16051 16051 5429 16051 16051 5429 5429 -5429 X X 0 0 0 0 0 0 0 1 0 Alicia Nordin Executive Director 144943 0 11507 0 0 0 0 0 10606 0 167056 0 0 0 Part I, Line 7 During the calendar year 2024, Alicia Nordin, Executive Director, received a bonus based on performance and merit. A New Hampshire Health and Education Facilities Authority 020279866 64461XGU3 2021-08-30 42295000 Refinance 2019 Bond 0 0 0 A 175000 42295000 1000000 664583 40630417 2021 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 1 A 0 Munson and Associates LLC 35% Controlled Entity of Eldon Munson, Board Secretary 231378 Project Management 0 Form 990, Schedule L, Part IV: The project management payment made to Munson & Associates in FY25 was for services rendered in 2020-2021 when Bowman Place was originally designed & built. This payment was deferred until the business was up and running and meeting certain performance levels. The liability was on the audited balance sheet of the facility from 2021 through the payment month of August 2024. Mr. Munson was not voted onto the Board of Trustees of Bowman Place until after the payment was approved by the board and paid. Form 990, Part VI, Section B, line 11b A copy of the Form 990 is provided to the Board of Trustees prior the Form 990 being filed. Form 990, Part VI, Section B, line 12c The Board of Trustees and facility directors are responsible to sign acknowledgement of conflict of interest policy and disclose if they are aware of any conflicts on annual basis. Form 990, Part VI, Section B, line 15 The Board of Trustees will use compensation data from similar organizations to determine compensation of the organization's officers. Compensation of officers will be reviewed and approved by the Board of Trustees on an annual basis. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part X, Line 10: Land, Buildings, and Equipment: Section 1.263(a)-3(n) Election: Senior Living of Bedford 24 Old Beford Road Bedford, NH 03110 EIN: 83-4574036 Section 1.263(a)-3(n) Election: Senior Living of Beford is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Extinguishment of Debt -3,351.