2025-07-21T15:45:46-05:00 2024-12-31 994625061 CRI ADVISORS LLC 4004 SUMMIT BLVD NE SUITE 800 ATLANTA GA 30319 990 2024-01-01 581515205 ST ANNES TERRACE INC STAN 4042389200 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 GREG LATHAM FINANCE DIRECTOR 4042389200 2025-07-21 1 1 TIFFANY T ORR CPA P01559485 7703948000 2025-07-21 2024 2025-03-06 01:10:19Z JIM SIBLEY 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 5308339 0 X WWW.SAINTANNESTERRACE.ORG X 1983 GA THE MISSION OF ST. ANNE'S TERRACE IS TO PROVIDE EXCELLENCE IN HOUSING AND SERVICES IN A FAITH-BASED COMMUNITY, SO RESIDENTS MAY FLOURISH. EVERYTHING WE DO IS INFORMED BY WHAT RESIDENTS NEED AND WANT--TODAY AND TOMORROW. REPRESENTING A RANGE OF DIVERSE BACKGROUNDS, THE PEOPLE WHO LIVE HERE ARE UNASSUMING, OPEN-MINDED, INDEPENDENT THINKERS. THEY FREELY SHARE THEIR THOUGHTS AND SUGGESTIONS KNOWING THEY WILL BE HEARD. OUR FAITH-BASED VALUES FOSTER A WELCOMING, INCLUSIVE ENVIRONMENT OPEN TO ALL BELIEFS, RACES, ETHNICITIES AND PRONOUNS.OUR NOT-FOR-PROFIT STATUS ENSURES ALL EFFORTS ARE CENTERED ON SERVING OUR RESIDENTS. SINCE OPENING OUR DOORS IN JANUARY 1987, ST. ANNE'S HAS CULTIVATED A COMMUNITY WELL-LOVED BY RESIDENTS AND FAMILIES, AND IT HAS BEEN THE HOME OF CHOICE FOR MULTIPLE GENERATIONS. 18 18 86 19 0 0 14795 18074 4137159 5117544 40698 83261 0 0 4192652 5218879 0 0 0 0 2617313 2840672 0 0 0 2021037 2116594 4638350 4957266 -445698 261613 7033180 7728873 609254 645503 6423926 7083370 THE MISSION OF ST. ANNE'S TERRACE IS TO PROVIDE EXCELLENCE IN HOUSING AND SERVICES IN A FAITH-BASED COMMUNITY, SO RESIDENTS MAY FLOURISH. 0 0 3986524 5117544 PROVIDE RESIDENTIAL HOUSING SERVICES FOR THE ELDERLY INCLUDING DIETARY, HOUSEKEEPING, SECURITY, MAINTENANCE, AND OTHER SERVICES FOR APPROXIMATELY 100 RESIDENTS. THE SIZE OF OUR COMMUNITY ENABLES OUR STAFF AND RESIDENTS TO KNOW EACH OTHER AND SHARE A SPECIAL RAPPORT. STAFF MEMBERS ARE ACQUAINTED WITH INDIVIDUAL PREFERENCES, UNDERSTAND THE ESSENTIALS FOR HEALTHY AGING AND ENJOY SERVING THE PEOPLE WHO LIVE AND VISIT HERE. 3986524 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 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 18 0 1 86 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X GREG LATHAM 4042389200 3100 NORTHSIDE PARKWAY NW ATLANTA GA 30327 JIM SIBLEY PRESIDENT 0.50 X X 0 0 0 MARLA MOORE VICE PRESIDENT 0.50 X X 0 0 0 JUDITH BROWN TREASURER 0.50 X X 0 0 0 DAN TREADAWAY SECRETARY 0.50 X X 0 0 0 BRAY BOURNE PAST PRESIDENT 0.50 X X 0 0 0 MELISSA BAUGHER DIRECTOR 0.50 X 0 0 0 NAN BAXTER DIRECTOR 0.50 X 0 0 0 DEBORAH CHILDERS DIRECTOR 0.50 X 0 0 0 REV BUDDY CRAWFORD DIRECTOR 0.50 X 0 0 0 KATHIE LARKIN DIRECTOR 0.50 X 0 0 0 ROB LARMORE DIRECTOR 0.50 X 0 0 0 DAN LICHTENSTEIN DIRECTOR 0.50 X 0 0 0 CHASE LONG DIRECTOR 0.50 X 0 0 0 JIM MCCLATCHEY DIRECTOR 0.50 X 0 0 0 WINNIE P PANNELL DIRECTOR 0.50 X 0 0 0 MIKE RUEN DIRECTOR 0.50 X 0 0 0 JONATHAN SCHROEDER DIRECTOR 0.50 X 0 0 0 PAMELA TISDALE DIRECTOR 0.50 X 0 0 0 DAVID BROOKS EXECUTIVE DIRECTOR 40.00 X 170250 0 18078 KEITH GOLDEN FINANCE DIRECTOR 40.00 X 104526 0 14950 TERRI MONROE ASSOCIATE DIRECTOR 40.00 X 141915 0 6250 JAMES WOOD MAINTENANCE DIRECTOR 40.00 X 100197 0 14801 516888 0 54079 4 0 1 0 BARNARD PAINTING INC 2200 EWING CHAPEL ROAD DACULA GA 30019 PAINTING CONTRACTOR 238087 US FOODSERVICE - ATLANTA PO BOX 281945 ATLANTA GA 303841945 FOOD SERVICES 155240 2 18074 18074 RENTAL FEES 531110 4759422 4759422 RESIDENT SERVICES 531110 180022 180022 COMMUNITY FEES 531110 153123 153123 DIETARY SERVICES 531110 24977 24977 5117544 86721 86721 86000 55461 33999 30539 -33999 -3460 -3460 5218879 5117544 0 83261 274776 274776 2017642 1759695 257947 39969 20040 19929 325381 271281 54100 182904 143054 39850 10318 10318 31859 31859 444607 309523 135084 56344 56344 296211 209357 86854 472005 470687 1318 370706 368868 1838 99297 98805 492 FOOD 335247 335214 33 4957266 3986524 970742 0 561363 537733 4371 261553 5889 16172 117272 123161 13295662 10116489 3198189 3179173 3117665 3590966 28431 20115 7033180 7728873 210124 252366 379015 375847 20115 17290 609254 645503 X 6320766 6971890 103160 111480 6423926 7083370 7033180 7728873 261613 397831 0 X X 0 1 X 1 0 X 210810 365555 17965 14795 18074 627199 4515045 4511795 4416412 4137159 5117544 22697955 4725855 4877350 4434377 4151954 5135618 23325154 0 0 0 23325154 55740 60294 57339 76249 86721 336343 55740 60294 57339 76249 86721 336343 4781595 4937644 4491716 4228203 5222339 23661497 0.98580 0.98650 0.01420 0.01350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1853936 257068 2111004 1622454 231482 1853936 1855207 300 -216853 16200 1622454 1680449 190958 16200 1855207 1269579 195320 231958 16408 1680449 0.95970 0.04030 0.00000 0 0 700750 700750 11072385 8971341 2101044 1305597 1105546 200051 216930 39602 177328 3179173 INVESTMENTS - SECURITIES 3590966 F 3590966 RESIDENTS SECURITY DEPOSITS 17290 17290 X 5645973 397831 33999 431830 5214143 4736 4736 5218879 4986529 33999 33999 4952530 4736 4736 4957266 PART V, LINE 4: DONOR RESTRICTED ENDOWMENT FUNDS ARE HELD AND USED FOR DONOR RESTRICTED PURPOSES. THE PRIMARY PURPOSE FOR THESE FUNDS IS FOR RESIDENT FINANCIAL RENT ASSISTANCE. BOARD DESIGNATED FUNDS, WITHOUT DONOR RESTRICTIONS, ARE HELD FOR SPECIFIED PURPOSES INCLUDING FINANCIAL RENT ASSISTANCE AND BUILDING IMPROVEMENTS. PART X, LINE 2: UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE TERRACE IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. UNRELATED BUSINESS INCOME RESULTS FROM ACTIVITIES NOT RELATED TO ITS TAX-EXEMPT PURPOSE. THE TERRACE UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2024 AND 2023, THE TERRACE HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 33,999. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDS EXPENSES IN GIFTS 4,736. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSITION OF ASSETS 33,999. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDS EXPENSES IN GIFTS 4,736. X 0 0 0 0 0 0 0 1 0 DAVID BROOKS EXECUTIVE DIRECTOR 160000 0 10250 0 0 0 8050 0 10028 0 188328 0 0 0 PART I, LINE 3 SEE RESPONSE TO FORM 990, PART VI, SECTION B, LINE 15 PART I, LINE 7 THE ORGANIZATION PROVIDED NON-FIXED PAYMENTS, IN THE FORM OF BONUSES, TO QUALIFIED OFFICERS AND HIGHEST COMPENSATED EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PROVIDED TO MANAGEMENT AND THE FINANCE AND AUDIT COMMITTEE FOR REVIEW BEFORE FILING. THE FINANCE AND AUDIT COMMITTEE DISCUSSES THE RETURN WITH THE ENTIRE BOARD AND THE FULL BOARD REVIEWS AND APPROVES DRAFT PRIOR TO FINALIZATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH BOARD OF DIRECTOR IS REQUIRED TO SIGN A STATEMENT THAT AFFIRMS THAT THEY HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ, UNDERSTANDS AND AGREES TO COMPLY WITH THE POLICY, AND THAT THEY WILL MAKE DECISIONS TO ALLOW ST. ANNE'S TERRACE TO CONTINUE TO OPERATE AND ENGAGE IN ACTIVITIES THAT WILL NOT JEOPARDIZE ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OVERSEES THE PERFORMANCE OF THE EXECUTIVE DIRECTOR AND PROVIDES TO THE BOARD OF DIRECTORS ANNUALLY AN EVALUATION OF THE EXECUTIVE DIRECTOR'S PERFORMANCE AND RECOMMENDED COMPENSATION, BASED ON COMPARABILITY DATA FROM THE LEADING AGE COMPENSATION REPORT. THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR'S COMPENSATION. THE BOARD OF DIRECTORS MEMBERS ARE NOT COMPENSATED. THE EXECUTIVE DIRECTOR REVIEWS THE SALARIES AND WAGES FOR ALL EMPLOYEES AND ANY ADJUSTMENTS TO WAGES ARE DISCUSSED WITH THE PERSONNEL COMMITTEE, BASED ON ANNUAL BUDGET LIMITS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEAR. ST ANNE'S EPISCOPAL CHURCH 3098 SAINT ANNES LN NW ATLANTA GA 30327 586010151 GA 501(C)3 N/A N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0