2026-07-16T09:12:59-07:00 2025-12-31 141818557 Martindale Keysor & Co PLLC 20 Miller Street Plattsburgh NY 12901 990 2025-01-01 141805657 LAKE FOREST SENIOR LIVING INC LAKE 5185616431 8 LAKE FOREST DRIVE PLATTSBURGH NY 12903 BRIAN MINCHOFF Executive Dir. 2026-07-16 true Eric M Keysor P00297919 5185637717 2025 2025-03-06 01:10:19Z BRIAN MINCHOFF 8 LAKE FOREST DRIVE PLATTSBURGH NY 12903 2542333 false X www.onlakeforest.org X 1998 LAKE FOREST IS A NON-PROFIT RETIREMENT COMMUNITY SOLELY DEDICATED TO SERVING SENIORS AGED 68 AND OVER. EMPHASIS IS PLEDGED ON HIGH QUALITY INDEPENDENT LIVING, COMBINED WITH EXCEPTIONAL SERVICES THAT FOCUS ON THE INDIVIDUALIZED NEEDS OF RESIDENTS. EMPHASIS IS DIRECTED TOWARD HEALTHY AGING AND OPPORTUNITIES TO ENGAGE IN MEANINGFULACTIVITIES AND RELATIONSHIPS. THERE IS A COMMITMENT TO PROMOTING A TRUSTING, RESPECTFUL, AND DIGNIFIED ENVIRONMENT. THESE QUALITIES ARE EMBEDDED IN THE MILIEU OF AN AFFORDABLE, NON-SUBSIDIZED HOUSING COMMUNITY.FORM 990, PART III, LINE 4 - FIRST ACCOMPLISHMENTLAKE FOREST IS PERCHED ON A 24-ACRE PARCEL ENCOMPASSING A 44-UNIT APARTMENT-STYLE SECURED BUILDING AND 28 TOWN-STYLE DUPLEXES OVERLOOKING BEAUTIFUL LAKE CHAMPLAIN. LAKE FOREST IS NESTLED IN THE ADIRONDACK MOUNTAINS, JUST ACCROSS THE LAKE FROM BURLINGTON, VERMONT, AND ABOUT ONE HOUR NORTH OF THE OLYMPIC VILLAGE OF LAKE PLACID. HIKING, BOATING, SKIING, GOLFING, FISHING, AND SWIMMING ARE JUST A FEW OF THE OUTDO 11 11 28 0 5581 9690 2323133 2303370 192774 203612 25011 25661 2546499 2542333 0 0 705238 699083 0 0 1281177 1341530 1986415 2040613 560084 501720 11451158 11359616 7804937 7133766 3646221 4225850 LAKE FOREST IS A NON-PROFIT RETIREMENT COMMUNITY SOLELY DEDICATED TO SERVING SENIORS AGED 68 AND OVER. EMPHASIS IS PLEDGED ON HIGH QUALITY INDEPENDENT LIVING, COMBINED WITH EXCEPTIONAL SERVICES THAT FOCUS ON THE INDIVIDUALIZED NEEDS OF RESIDENTS. EMPHASIS IS DIRECTED TOWARD HEALTHY AGING AND OPPORTUNITIES TO ENGAGE IN MEANINGFULACTIVITIES AND RELATIONSHIPS. THERE IS A COMMITMENT TO PROMOTING A TRUSTING, RESPECTFUL, AND DIGNIFIED ENVIRONMENT. THESE QUALITIES ARE EMBEDDED IN THE MILIEU OF AN AFFORDABLE, NON-SUBSIDIZED HOUSING COMMUNITY.FORM 990, PART III, LINE 4 - FIRST ACCOMPLISHMENTLAKE FOREST IS PERCHED ON A 24-ACRE PARCEL ENCOMPASSING A 44-UNIT APARTMENT-STYLE SECURED BUILDING AND 28 TOWN-STYLE DUPLEXES OVERLOOKING BEAUTIFUL LAKE CHAMPLAIN. LAKE FOREST IS NESTLED IN THE ADIRONDACK MOUNTAINS, JUST ACCROSS THE LAKE FROM BURLINGTON, VERMONT, AND ABOUT ONE HOUR NORTH OF THE OLYMPIC VILLAGE OF LAKE PLACID. HIKING, BOATING, SKIING, GOLFING, FISHING, AND SWIMMING ARE JUST A FEW OF THE OUTDO false false 1800579 2303760 IN 2025, LAKE FOREST SERVED 109 INDIVIDUALS. MANY RESIDENTS WERE ALREADY FAMILIAR WITH LAKE FOREST BEFORE JOINING THE WAIT LIST. THE AVERAGE AGE OF RESIDENTS IN APARTMENTS WAS 85 YEARS OLD. THE AVERAGE AGE OF RESIDENTS IN TOWN STYLE HOMES WAS 78 YEARS OLD.RESIDENTS HAIL FROM VARIOUS PARTS OF THE UNITED STATES AND CANADA. WHILE SOME CHOOSE LAKE FOREST TO BE CLOSER TO FAMILYAND FRIENDS, OTHERS ARE DRAWN TO THE TRANQUILITY OF THE ADIRONDACK REGION OF UPSTATE NEW YORK, RENOWNED FOR ITS NATURAL BEAUTY. REGARDLESS OF THEIR REASONS, ALL RESIDENTS SHARE A COMMON INTEREST IN DOWNSIZING, ENRICHING THEIR SOCIAL EXPERIENCES, ENJOYING A CAREFREE LIFE STYLE, AND RECEIVING SUPPORT TO MAINTAIN THEIR INDEPENDENCE.TURNOVERS ARE HANDLED SMOOTHLY AND SWIFTLY. WE EXCEL IN COMMUNICATION WITH PROSPECTIVE RESIDENTS THROUGH ROUTINE COMMUNICATION DURING THE MOVE-IN PROCESS. WE OFFER SEVERAL WRITTEN HANDOUTS TO EDUCATE NEW RESIDENTS AND PROVIDE A REMARKABLE ORIENTATION AT THE TIME OF OCCUPANCY. LAKE FOREST MANAGED A LESS THAN 2% VACANCY RATE IN 2025. 1800579 true false false false false false false false true true true false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 4 0 false 28 true false false false false false false false 0 false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true true false false NY X BRIAN MINCHOFF 5185616431 8 LAKE FOREST DR PLATTSBURGH NY 12903 BRIAN MINCHOFF Executive Dir. 40.00 0.00 X 97126 0 25697 MARIA ALEXANDER Director 1.00 0.00 X 0 0 0 JARED BURNS Director 2.00 0.00 X 0 0 0 RYLEE FESETTE Director 1.00 0.00 X 0 0 0 MICHAEL MCCORMICK Director 1.00 0.00 X 0 0 0 RICHARD LARCHE Director 1.00 0.00 X 0 0 0 MAUREEN RYAN Director 1.00 0.00 X 0 0 0 DEBORAH SHERMAN Director 1.00 0.00 X 0 0 0 LAUREN TYLER Treasurer 2.00 0.00 X 0 0 0 DANA JEWELER Secretary 2.00 0.00 X 0 0 0 CATHERINE KELLEHER Director 1.00 0.00 X 0 0 0 PETER STONE President 2.00 0.00 X 0 0 0 97126 25697 0 false false false 0 9690 9690 PROGRAM SERVICE REVENUE 2303370 2303370 2303370 203612 203612 0 0 0 0 0 0 0 OTHER REVENUE 25661 25661 25661 2542333 2532643 0 0 0 0 122823 122823 0 511539 510433 1106 7428 7428 10414 10414 46879 31409 15470 0 0 52447 52447 0 0 6769 6769 0 2716 2716 19107 191 18916 0 0 598956 594656 4300 1742 1568 174 0 0 165388 163734 1654 0 314878 311729 3149 69744 62770 6974 FOOD COSTS 61037 61037 RESIDENT SERVICES 39932 39932 TELEPHONE 6841 1710 5131 MISCELLANEOUS 1973 852 1121 0 2040613 1800579 240034 0 314422 182850 2895197 1538284 0 0 0 0 0 0 101086 102000 12394208 5845013 6810357 6549195 1149454 2749916 0 0 26589 180642 210782 11451158 11359616 60736 62749 4033885 3670467 76781 92702 3021634 2850124 611901 457724 7804937 7133766 X 3465579 4015068 180642 210782 3646221 4225850 11451158 11359616 501720 77909 X true X false false false X 499 320 7500 5581 9690 23590 2068115 2220185 2321577 2323133 2303370 11236380 0 0 0 2068614 2220505 2329077 2328714 2313060 11259970 0 619438 544501 581012 474133 504654 2723738 619438 544501 581012 474133 504654 2723738 8536232 4768 35725 134338 190224 203612 568667 0 4768 35725 134338 190224 203612 568667 0 31064 38163 23466 25011 25661 143365 2104446 2294393 2486881 2543949 2542333 11972002 0.71300 0.70650 0.04750 0.03000 X false true X false false false 916007 916007 10941112 5414168 5526944 537089 430845 106244 6549195 REFUNDABLE ENTRANCE FEE 457724 457724 X 2613473 77909 77909 2535564 6769 6769 2542333 2033844 2033844 6769 6769 2040613 Part IV, Line 2b: Explanation of escrow account liability PART IV, LINE 2B - ESCROW LIABILITY ARRANGEMENT EXPLANATIONTHE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS. Part X : FIN48 Footnote PART X - FIN 48 FOOTNOTETHE ORGANIZATION FOLLOWS THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES.THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2025.THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2022.THE ORGANIZATION'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, ACCORDINGLY. Form 990, Part VI, Section B, Line 11b THE RETURN WAS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c POTENTIAL CONFLICTS OF INTEREST ARE REVIEWED BY THE BOARD AS SITUATIONS ARISE. BOARD MEMBERS, OFFICERS, AND STAFF ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. COPIES ARE KEPT ON FILE. Form 990, Part VI, Section B, Line 15a THE EXECUTIVE COMMITTEE FROM THE BOARD OF DIRECTORS EXECUTES A SEARCH, SCREENS APPLICANTS, CONDUCTS INTERVIEWS, AND PERFORMS COMPLETE REFERENCE AND CRIMINAL BACKGROUND CHECKS. THE EXECUTIVE COMMITTEE MAKES A FINAL RECOMMENDATION TO THE FULL BOARD OF DIRECTORS. WAGES ARE DETERMINED BASED ON EXPERIENCE AND WAGES PAID BY COMPARABLE ORGANIZATIONS IN THE AREA. Form 990, Part VI, Section C, Line 19 ALL DOCUMENTS ARE ON FILE IN THE LAKE FOREST OFFICE AND ARE AVAILABLE FOR REVIEW BY APPOINTMENT.