2025-03-18T10:36:39-07:00 2024-06-30 770460195 McGilloway Ray Brown & Kaufman 2511 Garden Road Suite A-180 Monterey CA 93940 990 2023-07-01 941225368 Carmel Foundation CARM 8316241588 PO BOX 1050 Carmel CA 93921 Gerald W Bachecki CPA Treasurer 2025-03-18 true true Patricia M Kaufman CPA P00312047 8313733337 2023 2025-03-06 01:10:19Z Kim Stemler PO BOX 1050 Carmel CA 93921 6195780 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 19 100 0 1425483 1789743 547664 639471 510522 1152458 21356 1494 2505025 3583166 0 0 1458956 1524595 0 271523 1329729 1333744 2788685 2858339 -283660 724827 20113722 21268930 191806 181664 19921916 21087266 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 767946 439570 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 49 units. 522691 152212 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 23,000 meals were prepared during the fiscal year. 417674 26491 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. 1708311 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 false false false false false false false false false true 12 0 true 19 true false false false false false true true false 0 false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false CA X MOLLY GOSHORN 8316208704 8TH SE CORNER CARMEL CA 93921 Holly Zoller FRMR PRES & CEO 40.00 0.00 X 160427 0 22631 Beth Bates Finance Director 40.00 0.00 132138 0 6197 Tim Stoltzfus Dir of Facilities 40.00 0.00 105092 0 17454 Mitchell Matthews Chairman 1.00 0.00 X X 0 0 0 Cristy 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 Term End 4/30 1.00 0.00 X 0 0 0 Gerald W Bachecki CPA Treasurer 1.00 0.00 X X 0 0 0 Jerry Traynor Term End 4/30 1.00 0.00 X X 0 0 0 Natalie Stickler-Hofmans Director 1.00 0.00 X 0 0 0 Ken Hunter Director 1.00 0.00 X 0 0 0 Marianne 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 Mark DiOrio Term End 4/30 1.00 0.00 X 0 0 0 Tom Reddy Term End 4/30 1.00 0.00 X 0 0 0 Kim Stemler NEW PRES & CEO 40.00 0.00 X 0 0 0 397657 46282 3 false true false 0 198617 50345 1540781 1789743 Additional Services 900099 36573 36573 Lunch Services 721000 163328 163328 Senior Housing 531110 439570 439570 639471 342692 342692 0 0 0 3422380 2612614 809766 809766 809766 1494 50345 1494 1494 0 0 Other Revenue 0 3583166 639471 1153952 0 0 0 0 309669 100274 184326 25069 0 896371 660444 101693 134234 19536 16553 2983 206996 154934 38372 13690 92023 59917 19984 12122 0 13797 13797 41020 41020 0 0 71295 71295 99301 11131 88170 8738 427 8311 23791 4399 17697 1695 24 24 0 280702 191749 88258 695 2062 152 1910 0 0 0 0 234359 164488 69871 86239 54558 31681 Repairs & Maintenance 185118 115771 69347 Food and Meals 128357 128357 Postage & Printing 37875 1596 36279 Misc Expenses 36498 5653 28920 1925 84568 39907 10141 34520 2858339 1708311 878505 271523 162179 134641 1060350 1342363 125251 40172 0 0 0 0 0 34840 43926 11909488 5643137 3295413 6266351 13977462 11784835 0 0 0 1458227 1656642 20113722 21268930 191806 181664 191806 181664 X 17219682 18157903 2702234 2929363 19921916 21087266 20113722 21268930 X 724827 203066 237457 X false true X true false X 1913833 1417216 1099302 1428413 1789743 7648507 0 0 1913833 1417216 1099302 1428413 1789743 7648507 740238 6908269 326936 315899 339139 360500 342692 1685166 23680 1494 25174 20268 6201 11131 26665 64265 9423112 2674660 0.73310 0.75610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1174943 87883 1262826 1087060 87883 1174943 1255470 -168410 1087060 1255470 358318 358318 1255470 1255470 87293 87293 1255470 0.99400 0.00600 false false false 2420823 2420823 8925233 4628645 4296588 496541 -496541 199253 181429 17824 364179 336522 27657 6266351 Beneficial Interest in split int agreem 1008470 Unconditional promise to give land lease 648172 1656642 X 4033302 203066 80908 237457 521431 3511871 71295 71295 3583166 2867952 80908 80908 2787044 71295 71295 2858339 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 more 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 $237457 false Auction Gala 51839 50345 1494 51839 50345 1494 1494 X X X X false false false false false false false false false Holly Zoller FRMR PRES & CEO 160427 6563 16068 183058 Form 990, Part VI, Section B, Line 11b The Finance Committee is tasked with the annual review of the draft 990. The 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 When determining the annual compensation for the CEO & Director of Finance, the organization shall always undertake and satisfy all three prongs of the rebuttable presumption set forth in the IRS code regarding intermidiate sanctions. Before making the reasonable comp determination, the governing body relied on comparability data - CF uses the No.CA Fairpay Annual Survey. The CEO salary is further discussed and approved by the Board of Directors. Form 990, Part VI, Section B, Line 15b When determining the annual compensation for Officers and Key Employees, the organization shall always undertake and satisfy all three prongs of the rebuttable presumption set forth in the IRS code regarding intermidiate sanctions. Before making the reasonable comp determination, the governing body relied on comparability data - CF uses the No.CA Fairpay Annual Survey. The salaries are further discussed and approved by the Board Chair, the 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 = $237457