2025-11-11T10:27:58-06:00 2024-12-31 201260740 STOLBERG EBBELING & BLANCHETTE LLP 41 ELM STREET WORCESTER MA 016092573 990 2024-01-01 042943796 GODDARD AND HALL SENIOR LIVING INC GODD 5087534890 1199 MAIN STREET WORCESTER MA 01603 JOAN E CUSSON EXECUTIVE DIRECTOR 5087534890 2025-10-28 1 0 GLENN M CREAVEN CPA P01215518 5083633000 2025-10-28 2024 2025-03-06 01:10:19Z JOAN E CUSSON 1199 MAIN STREET WORCESTER MA 01603 10552668 0 X WWW.GODDARDHOMESTEAD.ORG X 1987 MA TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 11 11 120 1 0 0 482936 264067 3293643 3376479 90070 4234920 47906 32921 3914555 7908387 0 0 0 0 2408829 2417087 0 0 0 1456577 1983990 3865406 4401077 49149 3507310 13253435 16737894 7807182 7715461 5446253 9022433 TO PROVIDE HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 0 0 3204481 3396600 PROVIDING HOMES AND SUPPORT SERVICES FOR RETIRED AND ELDERLY INDIVIDUALS. 3204481 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 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 0 0 0 0 0 0 1 6 0 120 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 MA X JOAN E CUSSON 5087534890 1199 MAIN STREET WORCESTER MA 01603 CHRISTOPHER L SALTER PRESIDENT/TRUSTEE 2.00 X X 0 0 0 THOMAS V ROUVINA TREASURER/TRUSTEE 2.00 X X 0 0 0 JOHN PAUL PLOUFFE CLERK/TRUSTEE 2.00 X X 0 0 0 MARGARET CLANCEY TRUSTEE 2.00 X 0 0 0 ANGELA PENNY TRUSTEE 2.00 X 0 0 0 JOHN F WOODS TRUSTEE 2.00 X 0 0 0 BRENDAN C HERLIHY TRUSTEE 2.00 X 0 0 0 JOHN L FOLEY TRUSTEE 2.00 X 0 0 0 KEVIN F EARLY TRUSTEE 2.00 X 0 0 0 MATTHEW F ERSKINE TRUSTEE 2.00 X 0 0 0 JOAN CUSSON EXECUTIVE DIRECTOR 50.00 X 125433 0 0 125433 0 0 1 0 0 0 HINCKLEY ALLEN & SNYDER LLP 28 STATE STREET BOSTON MA 02109 LEGAL 140000 EGA ARCHITECTS PC ONE VERNON STREET NEWBURYPORT MA 01950 ARCHITECT 122792 2 229103 34964 264067 RESIDENTIAL REVENUE 900099 3352964 3352964 ADMISSION FEES 900099 23515 23515 3376479 96094 96094 12800 0 12800 12800 12800 1783107 5000000 1724245 920036 58862 4079964 4138826 4138826 OTHER INCOME 900099 20121 20121 20121 7908387 3396600 0 4247720 125433 125433 2019736 1741877 277859 17326 17326 254592 162939 91653 23129 23129 29422 29422 44584 44584 423856 381470 42386 1167 1167 24994 24994 111255 111255 PROFESSIONAL FEES 377506 25666 351840 FOOD AND DAIRY 345198 345198 UTILITIES 280761 224609 56152 REPAIRS AND MAINTENANCE 207663 207663 114455 88898 25557 4401077 3204481 1196596 0 878 877 235865 237708 5650565 832139 4912153 4818426 26872 1962 8077667 11678921 13253435 16737894 7500000 7500000 100000 0 207182 215461 7807182 7715461 X 1594250 6415007 3852003 2607426 5446253 9022433 13253435 16737894 X 3507310 39105 29765 X X 0 1 X 1 0 X 47788 32560 258278 482936 264067 1085629 2479200 2634072 2973115 3269991 3376479 14732857 58852 69920 55148 28806 20121 232847 2585840 2736552 3286541 3781733 3660667 16051333 0 0 0 16051333 138741 118447 105559 116718 108894 588359 138741 118447 105559 116718 108894 588359 2724581 2854999 3392100 3898451 3769561 16639692 0.96460 0.95950 0.03540 0.04050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3878874 220698 1490184 2609388 3566763 261910 229644 179443 3878874 3813587 200887 -352281 95430 3566763 4779611 241561 1207585 3813587 4630817 319005 170211 4779611 0.00100 0.04600 0.95300 1 0 4750000 4750000 276534 216580 59954 624031 615559 8472 4818426 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 767081 PERMANENTLY RESTRICTED ENDOWMENT 1840345 PREDEVELOPMENT COSTS 3744300 FUNDS HELD IN TRUST 3558605 OTHER RECEIVABLES 1768590 11678921 SECURITY DEPOSITS 175461 OTHER LIABILITIES 40000 215461 X 7901361 39105 486004 525109 7376252 23129 509006 532135 7908387 4512744 367976 367976 4144768 23129 233180 256309 4401077 PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT CONSISTS OF ENDOWMENT FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THESE FUNDS INCLUDE DONOR RESTRICTED FUNDS AND FUNDS DESIGNATED BY THE BOARD TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED OR LEGAL RESTRICTIONS. ENDOWMENT FUNDS INCLUDE INVESTED GIFTS. PART X, LINE 2: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY U.S. GAAP. AS OF DECEMBER 31, 2024, THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD INCREASE OR DECREASE WITHIN THE NEXT TWELVE MONTHS. THE RESPECTIVE INCOME TAX AND INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND MASSACHUSETTS. AS OF DECEMBER 31, 2024, THE FEDERAL AND STATE RETURNS GENERALLY REMAIN OPEN FOR THE LAST THREE YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: 2024 ACCOUNTS RECEIVABLE 1,246. 2023 DEFERRED RENT 51,980. PERPETUAL TRUST CHANGE IN VALUE 49,766. 2024 OTHER RECEIVABLES 383,012. PART XI, LINE 4B - OTHER ADJUSTMENTS: 2023 ACCOUNTS RECEIVABLE 29,086. 2024 DEFERRED RENT 98,158. 2023 OTHER RECEIVABLES 381,762. PART XII, LINE 2D - OTHER ADJUSTMENTS: 2024 ACCOUNTS PAYABLE 61,165. 2024 ACCRUED EXPENSES 251,441. 2023 PREPAID INSURANCE 22,292. 2023 PREPAID MISCELLANEOUS 13,078. 2024 PROVISION FOR CREDIT LOSSES 20,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: 2023 ACCOUNTS PAYABLE 74,824. 2023 ACCRUED EXPENSES 100,026. 2024 PREPAID INSURANCE 11,830. 2024 PREPAID MISCELLANEOUS 46,500. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57585BAD0 2024-03-22 7500000 REFUNDING ISSUE OF 2021 BOND SERIES 0 0 0 A 7500000 7255000 262892 1 0 0 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND ALL ATTACHMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 QUESTION 15A AND 15B. THE SALARIES OF THE EXECUTIVE DIRECTOR AND OTHER KEY OFFICERS ARE APPROVED BY THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN PERPETUAL TRUST 49,765. PROVISION FOR CREDIT LOSSES -20,000. PART XII, LINE 2C: NO CHANGES FROM PRIOR YEAR.