2025-08-13T10:40:29+00:00 2024-09-30 440160260 Forvis Mazars LLP 500 Ridgefield Court Asheville NC 28806 990 2023-10-01 581363950 Maryfield Inc MARY 3368214000 1315 Greensboro High Point NC 27260 Loretta Long CFO 3368214000 2025-08-13 true Amy Bibby P00445891 8282542254 2025-08-13 2023 2025-03-06 01:10:19Z Richard Newman 1315 Greensboro High Point NC 27260 38081747 false X PENNYBYRNATMARYFIELD.COM X 1950 NC FULL SERVICE RETIREMENT COMMUNITY THAT IS COMMITTED TO DEMONSTRATING GOD'S LOVE TO SENIORS. 16 16 672 50 0 0 2994687 2569261 31278686 34541519 537138 642166 557489 321424 35368000 38074370 6825 5261 0 0 16757874 17639011 0 0 0 18887441 20167500 35652140 37811772 -284140 262598 169963215 167617022 145000347 138921726 24962868 28695296 MARYFIELD, INC. IS A FULL SERVICE RETIREMENT COMMUNITY THAT IS COMMITTED TO DEMONSTRATING GOD'S LOVE FOR SENIORS REGARDLESS OF RELIGION OR FINANCIAL MEANS. false false 33211723 5261 34541519 AT THE END OF FISCAL YEAR 2024, MARYFIELD INC. WAS PROVIDING HOUSING AND HEALTH RELATED SERVICES TO APPROXIMATELY 450 SENIORS. DURING THE YEAR THE ORGANIZATION PROVIDED APPROXIMATELY $256,000 IN BENEVOLENT ASSISTANCE TO RESIDENTS UNABLE TO FULLY PAY THEIR CHARGES. 33211723 true true false true false false false false true true false false false true true true false false false false false false false false false false true true true true true false false false false false false false false true false false false false false false false false false true 34 0 true 672 true false false false false false false false false false false false false X 16 16 false false false false true true true true true false false false true true true false true true true false X Loretta Long 3368214008 109 Penny Road High Point NC 27262 Bill Lawler Board Member 2.0 X 0 0 0 Carol Andrews Hughes Board Member 2.0 X 0 0 0 David Miller Board Member 2.0 X 0 0 0 Dr Dennis Carroll Board Member 2.0 X 0 0 0 Earl Congdon Board Member 2.0 X 0 0 0 Fr Stephen Hoyt Board Member 2.0 X 0 0 0 G Michael Hoffman Board Member 2.0 X 0 0 0 Gerald Gunzenhauser Jr Vice Chairperson 2.0 X 0 0 0 Joseph C Jackson Jr Board Member 2.0 X 0 0 0 Ken Hughes Board Member 2.0 X 0 0 0 Maurice Hull Board Member 2.0 X 0 0 0 Paul Breitbach Board Member 2.0 X 0 0 0 R Tony Hill Board Member 2.0 X 0 0 0 William Snow Bencini Secretary 2.0 X 0 0 0 Loretta Long CFO 60.0 X 116729 0 0 Richard Newman CEO & President 60.0 X 310774 0 61264 Sister Lucy Hennessy Chairperson 40.0 X 0 0 0 Vonda Hollingsworth Vice President 60.0 X 217791 0 58563 Rob Creel Dir of Operations 50.0 X 153483 0 44162 Page Turbeville Director of Nursing 40.0 X 107995 0 35444 Sarah Barker Dir of Development 40.0 X 119727 0 26042 1026499 0 225475 6 false true false Daniel Adams 809 Aberdeen Rd High Point NC 27265 Contractor 553128 Hollingsworth Landscaping PO Box 102 Sophia NC 27350 Landscaping 340817 Alan S Morris Totally Floored 7302 Cessna Dr Greensboro NC 27409 Flooring 213770 3 2569261 2569261 Independent Living 623990 16214535 16214535 Maryfield Nursing Home 623990 14036379 14036379 Assisted Living 623990 4195755 4195755 Home Care Revenue 623990 94850 94850 0 0 0 0 34541519 649543 649543 0 0 7377 -7377 0 -7377 -7377 Miscellaneous 623990 235880 235880 Meals and Vending 722513 69235 69235 Cable Services 221000 16309 16309 0 0 0 0 321424 38074370 34541519 0 963590 5261 5261 645294 645294 13141984 11580009 1561975 211710 177816 33894 2621664 2201950 419714 1018359 855325 163034 10171 10171 174043 174043 126122 126122 1112065 889790 222275 0 268960 83887 185073 2553753 1696143 857610 154036 154036 1354489 1354392 97 300362 300362 75088 63121 11967 4079042 4079042 6309283 6309283 565310 565310 Dietary Expense 1712908 1712908 Therapy Expense 890050 890050 Pharmacy Expense 410927 410927 Miscellaneous 46577 11833 34744 24314 24314 0 0 37811772 33211723 4600049 0 1955187 3219167 887691 177350 1185178 1028503 3192810 3832615 0 0 53357 52113 214994 274456 197065871 72174089 127864140 124891782 29616588 29062275 0 0 4993270 5078761 169963215 167617022 3144736 2897282 41070397 42757168 96117106 89303156 0 4668108 3964120 145000347 138921726 X 19564810 23795248 5398058 4900048 24962868 28695296 169963215 167617022 X 262598 3165488 304342 X false true X true false X 1955171 1399811 4636547 2994687 2569261 13555477 26833705 28193605 29240220 31278686 34541519 150087735 0 0 0 28788876 29593416 33876767 34273373 37110780 163643212 0 0 1706990 1795352 371482 3873824 0 0 0 0 94287 94287 0 0 1706990 1795352 465769 3968111 159675101 561256 601864 1024766 758604 649543 3596033 0 561256 601864 1024766 758604 649543 3596033 0 292133 394066 255902 557489 321424 1821014 29642265 30589346 35157435 35589466 38081747 169060259 0.9445 0.9454 0.02 0.0222 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 292133.0, COLUMN B - 394066.0, COLUMN C - 255902.0, COLUMN D - 557489.0, COLUMN E - 321424.0, COLUMN F - 1821014.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 400 400 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY The organization is a member of LeadingAge and LEADINGAGE OF North Carolina. Approximately $400 of the organization's dues were used for lobbying purposes. 2530279 627811 3158090 2247330 282949 2530279 2784837 -537507 2247330 2331896 452941 2784837 2170057 161839 2331896 0.6802 0.0 0.3198 false false 1417666 1417666 159429779 63345374 96084405 22220408 8828715 13391693 13998018 13998018 124891782 BOND INTEREST PAYABLE 1596683 DEPOSITS PAYABLE 1263112 Lease Liability 306076 SHORT TERM LOAN 798249 3964120 X 39795036 3165488 -1318700 1846788 37948248 126122 0 126122 38074370 37680389 -5261 -5261 37685650 126122 0 126122 37811772 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ORGANIZATION'S ENDOWMENT FUND WAS ESTABLISHED TO HELP SUPPORT RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization has been recognized by the Internal Revenue Service as a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code (IRC) and is exempt from federal income taxes pursuant to Section 501(a) of the IRC. The Organization has no material uncertain tax positions requiring disclosure. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Expenses in Revenue - -5261 TEMPORARILY RESTRICTED CONTRIBUTIONS - -1313439 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Expenses in Revenue - -5261 true BENEVOLENT ASSISTANCE - COST OF EXPENSES REPORTED ON PART IX 256000 SERVICE COST-Healthcare / BILLING RATES-HOUSING UNREIMBURSED HEALTH CARE / UNREIMBURSED HOUSING SERVICES Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds As part of its exempt purpose the organization provides benevolent assistance to residents unable to pay. This support is provided as a reduction in resident service fees. X X X X X false false false false false false false false false Richard Newman CEO & President 310174 0 600 0 0 0 28141 0 33123 0 372038 0 0 0 Vonda Hollingsworth Vice President 217191 0 600 0 0 0 25440 0 33123 0 276354 0 0 0 Rob Creel Dir of Operations 152883 0 600 0 0 0 11039 0 33123 0 197645 0 0 0 A NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65821DTH4 2015-04-29 69349126 Current Refunding false false false B NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 2020-09-01 47840000 Expansion Project false false false A 18355000 69349126 376304 1319695 2035 false false true true B 10125000 50354473 3717948 2831845 404250 37400431 6000000 false false true true A false false false false 0.0 false false false B false false false false 0.0 false false false A false false true false false false true Morgan Stanley 2.9 true true false B false true false false true false false false false A true B true Schedule K, Part III Schedule K, Part II, Column B, Line 3 Part II Line 3 shows an amount greater than the total proceeds shown on part I. Line 3 includes the principal amount of the bonds of $47,840,000, plus the original issue premium of $3,112,473 and less and underwriters' discount of $598,000. Hollingsworth Landscaping FAMILY MEMBER OF VP OF HEALTH 370935 Landscaping Services false FORM 990 PART IV LNS 22, PART IX , AND SCHEDULE I THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO VARIOUS RESIDENTS IN THE FORM OF SERVICES PROVIDED AT REDUCED OR NO CHARGE FOR THOSE WITH FINANCIAL NEED. THE ORGANIZATION HAS CALCULATED THE COST OF THESE SERVICES AND REPORTED ON SCHEDULE I PART III. THE EXPENSES HAVE NOT BEEN INCLUDED IN PART IX LN 2 AND HAVE BEEN REPORTED ON THEIR RESPECTIVE LINES SUCH AS SALARIES AND SUPPLIES. Form 990, Part VI, Line 15 THE CHAIRMAN OF THE BOARD AND A GROUP OF INDEPENDENT BOARD MEMBERS REVIEW THE PRESIDENT'S COMPENSATION. THE PRESIDENT AND THE CHAIRMAN OF THE BOARD REVIEW THE COMPENSATION OF THE ORGANIZATION'S CFO. EACH GROUP USES COMPARABILITY DATA FROM SIMILAR ORGANIZATIONS TO ASSESS THE REASONABLENESS OF COMPENSATION AND ANY ADJUSTMENTS MUST BE APPROVED. Form 990, Part VI, Line 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE UPON REQUEST. THE FORM 990 CAN ALSO BE ACCESSED THROUGH GUIDESTAR.ORG, A NON-PROFIT WEBSITE. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE BOARD MAY HAVE AN EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS WHICH SHALL CONSIST OF THE CHAIRPERSON OF THE BOARD OF DIRECTORS, THE CHIEF EXECUTIVE OFFICER, THE PRESIDENT AND AT LEAST TWO (2) OTHER DIRECTORS AS DESIGNATED BY THE CHAIRPERSON OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE CORPORATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, PROVIDED THAT ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE SHALL NOT CONFLICT WITH THE ARTICLES OF INCORPORATION, THESE BY-LAWS OR THE POLICIES OF THE BOARD OF DIRECTORS AND MEMBERS. THE EXECUTIVE COMMITTEE SHALL REPORT ALL MATTERS ACTED UPON TO THE BOARD OF DIRECTORS AT ITS NEXT MEETING. Form 990, Part VI, Line 6 Classes of members or stockholders There shall be (1) Member. The member shall be ex offiio, the Bishop of the Roman Catholic Diocese of Charlotte. In the even that the office of Bishop is vacant the member shall be the Diocesan Administrator. The following powers are reserved exclusively to the member: A) To fix the number of directors serving on the board of directors B) To appoint, in accordance with the bylaws, all directors serving on the board of directors C) to remove, with or without cause, after consultation with the board of directors, any member of the board of directors. D) To appoint, and if necessary, to remove, with or without cause, the Chief Executive Officer of the Corporation E) to adopt, amend, dissolve or repeal the philosophy, articles of incorporation, By-Laws, mission and purposes of the Corporation, and/or any other corporation document, for which it was formed. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body MEMBERS OF THE CORPORATION HAVE THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE FOLLOWING POWERS ARE RESERVED EXCLUSIVELY TO THE MEMBERS: A. TO FIX THE NUMBER OF DIRECTORS SERVING ON THE BOARD OF DIRECTORS; B. TO APPOINT, IN ACCORDANCE WITH THE PROVISIONS OF ARTICLE IV.3, ALL DIRECTORS SERVING ON THE BOARD OF DIRECTORS; C. TO REMOVE, WITH OR WITHOUT CAUSE, AFTER CONSULTATION WITH THE BOARD OF DIRECTORS, ANY MEMBER OF THE BOARD OF DIRECTORS; D. TO APPOINT, AND IF NECESSARY, TO REMOVE, WITH OR WITHOUT CAUSE, THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION SUBJECT TO THE PROVISIONS OF ARTICLE V.3 E. TO ADOPT, AMEND OR REPEAL THE PHILOSOPHY, BY-LAWS, MISSION AND PURPOSES OF THE CORPORATION, FOR WHICH IT WAS FORMED. SUBJECT TO THE PROVISIONS OF ARTICLE IV.1, THE FOLLOWING DECISIONS OF THE BOARD OF DIRECTORS REQUIRE THE RATIFICATION OF THE MEMBERS AT A MEETING OF THOSE PRESENT AND VOTING, BEFORE THEY BECOME EFFECTIVE: A. TO SELL, PURCHASE, TRANSFER, LEASE, ENCUMBER, OR MORTGAGE PROPERTY IN EXCESS OF THE CORPORATE LIMIT SET FORTH FROM TIME TO TIME BY RESOLUTION OF THE MEMBERS; B. TO CONTRACT DEBTS IN EXCESS OF $5,000,000 C. TO DISSOLVE THE CORPORATION; (SEE SECTION X) D. TO APPROVE/REJECT ANY PLAN OF MERGER, PARTNERSHIP OR CONSOLIDATION RECOMMENDED BY FORMAL RESOLUTION OF THE BOARD OF DIRECTORS. E. TO APPOINT, AND IF NECESSARY, TO REMOVE, WITH OR WITHOUT CAUSE, THE PRESIDENT OF THE CORPORATION SUBJECT TO THE PROVISIONS OF ARTICLE V.3A F. TO APPOINT THE AUDITOR AND ATTORNEY OF THE CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY MANAGEMENT PRIOR TO SUBMISSION. IT WAS REVIEWED WITH THE FINANCE COMMITTEE OF THE BOARD AT A SUBSEQUENT MEETING. Form 990, Part VI, Line 12c Conflict of interest policy BOARD MEMBERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. BOARD MEMBERS ARE REQUIRED TO RECUSE THEMSELVES FROM VOTING WHEN THERE IS A POTENTIAL CONFLICT OF INTEREST. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON THE STATE OF NORTH CAROLINA MEDICAL CARE COMMISSION WEBSITE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET APPRECIATION IN BENEFICIAL INTEREST OF PERPETUAL TRUST - 304342; Form 990, Part XII, Line 2c THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.