2026-03-23T07:16:28+00:00 2025-06-30 350921680 CROWE LLP 4801 Olympia Park Plaza Suite 4000 Louisville KY 402412098 990 2024-12-11 934834776 HUTSONWOOD AT SPRING HILL INC HUTS 6156479004 103 Powell Ct Suite 460 Brentwood TN 37027 DOUGLASS B SMITH PRESIDENT 2026-03-23 true RACHEL SPURLOCK P00520729 5023263996 2026-03-23 2024 2025-03-06 01:10:19Z X Belle Springs DOUGLASS B SMITH 103 Powell Ct Suite 460 Brentwood TN 37027 19555 false 5138 X N/A X 2023 TN Acquiring, developing, owning and operating independent living and assisted living facilities and related health care facilities, including retirement housing for elderly persons and performing such other acts necessary or incidental. 7 6 4 0 0 0 0 0 0 0 19555 0 0 0 19555 0 0 0 0 81423 351945 0 0 0 398146 1117666 479569 1469611 -479569 -1450056 20350736 21584688 18055305 20739313 2295431 845375 Acquiring, developing, owning and operating independent living and assisted living facilities and related health care facilities, including retirement housing for elderly persons and performing such other acts necessary or incidental. false false 1469509 0 0 Acquiring, developing, owning and operating independent living and assisted living facilities and related health care facilities, including retirement housing for elderly persons and performing such other acts necessary or incidental to the above stated purposes. 1469509 true false false false false false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 12 0 true 4 true false false false false false false false false false false false false X 7 6 false true false false false false false true false false false false true true true true true true false false false false TN X Christopher Louder 6156479004 103 Powell Ct Suite 460 Brentwood TN 37027 Douglass Smith Director/President 3.0 37.0 X X 0 524187 37141 Chris Hodges DIRECTOR 0.1 6.9 X 0 60000 0 Jim Ridenour DIRECTOR/CHAIRMAN 0.1 11.9 X 0 148000 0 Jo Ann Corbitt DIRECTOR 0.1 6.9 X 0 89500 0 John G Foos DIRECTOR 0.1 6.9 X 0 83000 0 Laura Hawken DIRECTOR 0.1 6.9 X 0 69000 0 Stephen F Wood Jr DIRECTOR 0.1 6.9 X 0 80500 0 Andrea Barach VP AND CORPORATE SECRETARY 1.0 39.0 X 0 317711 18010 Christopher Louder VP FINANCE 0.2 39.8 X 0 231403 40143 Timothy Buist Chief Strategic and Implementation Officer 15.0 25.0 X 0 259798 10980 0 1863099 106274 0 false true false GCD Tennessee LLC 220 East Las Colinas Blvd Suite 100 Irving TX 75039 Manufacturing Services 1668420 S&G Construction LLC 6016 Hays Drive Columbia TN 38401 Construction Services 583797 Crunk Engineering LLC 7112 Crossroads Blvd Suite 201 Brentwood TN 37027 Engineering Services 272275 Butler Snow LLP PO Box 6010 Ridgeland MS 39158 Legal Fees 140000 Baker Donelson Bearman Caldwell & Ber 165 Madison Avenue Suite 2000 Memphis TN 38103 Legal Fees 108773 5 0 0 0 0 0 0 19555 19555 0 0 0 0 0 0 0 0 0 19555 0 0 19555 0 0 0 0 0 0 0 0 0 0 0 0 305828 305828 0 0 0 0 46117 46117 0 0 102 0 102 0 0 0 0 0 0 131525 131525 0 0 429090 429090 96481 96481 206953 206953 0 0 12964 12964 1145 1145 0 0 0 0 19555 19555 0 0 219851 219851 0 0 0 0 0 0 1469611 1469509 102 0 133656 114975 1490595 238285 0 0 0 0 40646 0 16972760 219851 12503824 16752909 0 0 7434325 3226209 20350736 21584688 1496297 2478178 0 0 16559008 13768090 0 4493045 18055305 20739313 X 2295431 845375 2295431 845375 20350736 21584688 -1450056 0 X false true true false X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19555 19555 0 0 0 0 0 19555 19555 0 0 0 0 0 0 0 0 0 0 0 19555 19555 X 0 0 0 0 8834105 8834105 7391550 7391550 573377 196021 377356 38098 7857 30241 135630 15973 119657 16752909 SECURITY DEPOSITS 7356 PROJECT FUNDS 3207172 COST OF ISSUANCE FUNDS 32 ACCRUED INTEREST INCOME - BOND FUNDS 11649 3226209 Federal Income Taxes Refundable Deposits 1480000 Accrued Interest on Refundable Deposits 13045 Bonds Payable to Related Party (Hoosier Care Investments) 3000000 4493045 X 19555 0 0 19555 0 0 19555 1469611 0 0 1469611 0 0 1469611 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE AND CORRESPONDING STATE TAX PROVISIONS. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. U.S. GAAP REQUIRES THAT A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. DUE TO ITS TAX-EXEMPT STATUS, THE ORGANIZATION IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE ORGANIZATION'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2025 and 2024. false false false false false false false false false Douglass Smith Director/President 0 524187 0 0 0 0 0 13800 0 23341 0 561328 0 0 Andrea Barach VP AND CORPORATE SECRETARY 0 317711 0 0 0 0 0 11897 0 6113 0 335721 0 0 Christopher Louder VP FINANCE 0 231403 0 0 0 0 0 9907 0 30236 0 271546 0 0 Timothy Buist Chief Strategic and Implementation Officer 0 259798 0 0 0 0 0 0 0 10980 0 270778 0 0 Form 990, Part VI, Line 15a COMPENSATION COMPENSATION FOR THE TOP MANAGEMENT OFFICAL IS PAID BY A RELATED ORGANIZATION. THEREFORE LINE 15A IS NOT APPLICABLE AND HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON AN INDEPENDENT COMPENSATION STUDY AND INCREASES IN COMPENSATION ARE AT THE DISCRETION OF THE BOARD. THE ORGANIZATION ROUTINELY HAS PARTY AND INCLUDED A REVIEW OF THE ECONOMIC RESEARCH INSTITUTE'S EXECUTIVE ASSESSOR DATABASE, THE MERCER EXECUTIVE BENCHMARCH DATABASE AND SURVEY DATA FROM A GROUP OF PEER COMPANIES WITHIN THE ASSISTED AND LONG-TERM CARE INDUSTRY. Form 990, Part VI, Line 15b COMPENSATION COMPENSATION FOR ALL OTHER OFFICERS OR KEY EMPLOYEES IS PAID BY A RELATED ORGANIZATION. THEREFORE LINE 15B IS NOT APPLICABLE AND HAS BEEN ANSWERED "NO" IN ACCORDANCE WITH THE FORM 990 INSTRUCTIONS. COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON AN INDEPENDENT COMPENSATION STUDY AND INCREASES IN COMPENSATION ARE AT THE DISCRETION OF THE BOARD. THE ORGANIZATION ROUTINELY HAS PARTY AND INCLUDED A REVIEW OF THE ECONOMIC RESEARCH INSTITUTE'S EXECUTIVE ASSESSOR DATABASE, THE MERCER EXECUTIVE BENCHMARCH DATABASE AND SURVEY DATA FROM A GROUP OF PEER COMPANIES WITHIN THE ASSISTED AND LONG-TERM CARE INDUSTRY. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH GREYSTONE DEVELOPMENT SERVICES. MANAGEMENT SERVICES INCLUDE SUPERVISION OF FACILITY OPERATIONS, ADMINISTRATIVE SERVICES, MANAGEMENT INFORMATION SYSTEM SERVICES, ACCOUNTING, ARBITRAGE COMPLIANCE, AND IRS AND STATE TAX COMPLIANCE. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY, THEREFORE THIS QUESTION HAS BEEN MARKED "NO" IN ACCORDANCE TO THE IRS INSTRUCTIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body A complete copy of the form 990 is reviewed by the organization's legal counsel and an authorized member of the board of directors prior to filing with the IRS. Additionally, a complete copy of the form 990 is provided to all members of the governing body prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy Annual certifications are received from all officers and directors to determine whether any potential conflicts of interest exist. The board of directors discuss the annual certifications at the board meetings to determine whether an actual conflict of interest exists. If a conflict is determined to exist, that person would be refused from taking part in any decisions concerning the conflicting issue. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS AND POLICIES ARE AVAILABLE FOR PUBLIC INSPECTION AT THE ORGANIZATION'S OFFICE DURING REGULAR BUSINESS HOURS UPON REQUEST. CLAREMONT HEALTH SYSTEM INC 103 Powell Ct Suite 460 Brentwood TN 37027 621486858 NURSING HOME NJ 501(c)(3) 10 HutsonWood Inc false CLEVELAND SENIOR HOUSING CORPORATION 103 Powell Ct Suite 460 Brentwood TN 37027 264739076 SENIOR HOUSING TN 501(c)(3) 10 HutsonWood Inc false HutsonWood Inc 103 Powell Ct Suite 460 Brentwood TN 37027 452449379 SUPPORTING ORGANIZATION NV 501(c)(3) Type II HutsonWood Inc false HOOSIER CARE II INC 103 Powell Ct Suite 460 Brentwood TN 37027 311274121 NURSING HOME IN 501(c)(3) 10 HutsonWood Inc false HOOSIER CARE PROPERTIES INC 103 Powell Ct Suite 460 Brentwood TN 37027 200377349 HOLDING COMPANY IN 501(c)(3) 10 HutsonWood Inc false HOOSIER CARE INC 103 Powell Ct Suite 460 Brentwood TN 37027 311262572 NURSING HOME IN 501(c)(3) 10 HutsonWood Inc false HOOSIER HOUSING GROUP INC 103 Powell Ct Suite 460 Brentwood TN 37027 463491686 HOLDING COMPANY NV 501(c)(3) 10 HutsonWood Inc false LAURELWOOD SENIOR HOUSING CORPORATION 103 Powell Ct Suite 460 Brentwood TN 37027 320362338 SENIOR HOUSING TN 501(c)(3) 10 HutsonWood Inc false HUTSONWOOD FOUNDATION INC 103 Powell Ct Suite 460 Brentwood TN 37027 991898710 SUPPORTING ORC TN 501(c)(3) Type I HOOSIER CARE INC false EMERALD SPRING HILL INC 103 Powell Ct Suite 460 Brentwood TN 37027 474584314 NURSING HOME TN 501(c)(3) 10 HUTSONWOOD INC false GATE MANOR HOUSING GP LLC 103 Powell Ct Suite 460 Brentwood TN 37027 352531184 AFFORDABLE HOUSING PROJECTS TN NA C Corporation false KNOXVILLE HOUSING PORTFOLIO GP LLC 103 Powell Ct Suite 460 Brentwood TN 37027 474536542 AFFORDABLE HOUSING PROJECTS TN NA C Corporation false JACKSON HOUSING PORTFOLIO GP LLC 103 Powell Ct Suite 460 Brentwood TN 37027 364843724 AFFORDABLE HOUSING PROJECTS TN NA C Corporation false false false true false true false false false false false false false true false false false false false false