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Nonprofit · EIN 16-1557494

F F T SENIOR COMMUNITIES INC

Tax-exempt · CANANDAIGUA, NY 14424

Financials

$6.8M$6.3M2023$6.8M$6.6M2024
Revenue Expenses · by fiscal year end
Financials of F F T SENIOR COMMUNITIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,839,742$6,581,980$257,762$21,676,333$27,088,161-$5,411,828
December 31, 2023990$6,783,659$6,251,878$531,781$20,012,607$27,193,864-$7,181,257
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$8,103
Program service revenue
$6,825,493
Investment income
$6,146
Net gain from sales of assets
-$161,692
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,651,161
Salaries, compensation and benefits (total)
$3,269,448
Professional fundraising fees
$0
Legal fees
$15,915
Accounting fees
$28,392
Occupancy
$892,377
Travel
$246
Depreciation
$929,751
Program services (functional)
$5,265,926
Management and general (functional)
$1,316,054

Balance sheet and other

Total assets, start of year
$20,012,607
Total assets, end of year
$21,676,333
Total liabilities, end of year
$27,088,161
Net assets, end of year
-$5,411,828
Land, buildings and equipment
$10,932,536
Publicly traded securities
$5,693,185
Net assets without donor restrictions
-$6,453,300
Net assets with donor restrictions
$1,041,472
Gross receipts
$12,275,158
Employees
114
Volunteers
29
Year formed
1998
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
David Linehan MDBoard Member
Trustee or director
0.5$0$2,268,785$221,433
Steven GoldsteinBoard Member
Trustee or director
0.5$0$1,408,234$183,208
Michael F Stapleton JrPresident/CEO
Officer
2$0$880,409$142,223
Michael Apostolakos MDBoard Member
Trustee or director
0.5$0$733,026$115,508
A David Peter MDBoard Member through April 2024
Trustee or director
0.5$0$736,297$53,761
Mark Taubman MDBoard Member
Trustee or director
0.5$0$742,745$44,194
David Baum MDSVP Medical Affairs
Officer
0.5$0$511,188$101,023
Mark PrunoskeSr VP Finance/CFO
Officer
2$0$451,126$89,983
Kurt KoczentEVP/COO
Officer
0.5$0$401,330$84,493
Justin Weis MDBoard Member
Trustee or director
0.5$0$322,249$64,221
Susan Fulmer MDBoard Member
Trustee or director
0.5$0$359,362$803
Cindy Teerlinck MDBoard Member
Trustee or director
0.5$0$319,819$18,782
Elizabeth TaliaVP Legal & Regulatory Affairs and General Counsel
Officer
2$0$305,385$15,983
Akua Asante MDBoard Member
Trustee or director
0.5$0$236,227$26,101
Mark BlazeyBoard Member
Trustee or director
0.5$0$0$0
16 more people on this return
NameTitleHours / weekCompensation
Roger FriedlanderBoard Member
Trustee or director
0.5$0
Daniel FullerBoard Member through April 2024
Trustee or director
0.5$0
Dale HuntBoard Chair
Trustee or director, Officer
0.5$0
William R Kenyon EsqBoard Member
Trustee or director
0.5$0
David G CaseBoard Vice Chair
Trustee or director, Officer
0.5$0
Lauren M DixonBoard Secretary
Trustee or director, Officer
0.5$0
Lauren Sands EsqBoard Member
Trustee or director
0.5$0
Paul H GriswoldBoard Member
Trustee or director
0.5$0
Maureen WolfeBoard Member
Trustee or director
0.5$0
Lori VanDusenBoard Member
Trustee or director
0.5$0
Margaret Somerset EsqBoard Member
Trustee or director
0.5$0
Jennifer JonesBoard Treasurer
Trustee or director, Officer
0.5$0
Georgia LambBoard Member
Trustee or director
0.5$0
Krista JacksonBoard Member
Trustee or director
0.5$0
Mark KovaleskiBoard Member
Trustee or director
0.5$0
Coleen EmblidgeBoard Member
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 31 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Mark Taubman MDBoard Member
Trustee or director
0.5$0$1,879,642$179,258
Steven GoldsteinBoard Member
Trustee or director
0.5$0$1,633,548$214,557
Michael F Stapleton JrPresident/CEO
Trustee or director, Officer
2$0$829,065$131,450
Michael Apostolakos MDBoard Member
Trustee or director
0.5$0$721,332$112,217
A David Peter MDBoard Member
Trustee or director
0.5$0$679,252$42,134
David Baum MDSVP Medical Affairs & Emergency Physicians
Officer
0.5$0$477,992$94,605
Mark PrunoskeSr VP Finance/CFO
Officer
2$0$447,837$82,699
Kurt KoczentEVP/COO
Officer
0.5$0$394,896$78,416
Justin Weis MDBoard Member & President of Medical Staff
Trustee or director
0.5$0$321,609$56,982
Cindy Teerlinck MDPhysician - Board Member through April 2023
Trustee or director
0.5$0$291,540$32,777
Elizabeth TaliaVP Legal & Regulatory Affairs and General Counsel
Officer
2$0$273,668$14,550
Akua Asante MDBoard Member
Trustee or director
0.5$0$239,438$28,502
Aimee WardExecutive Director
Highest-paid employee
40$132,196$0$33,546
Susan FulmerBoard Member
Trustee or director
0.5$0$89,862$220
Mark BlazeyBoard Member
Trustee or director
0.5$0$0$0
Roger FriedlanderBoard Member
Trustee or director
0.5$0$0$0
Daniel FullerBoard Member
Trustee or director
0.5$0$0$0
Dale HuntBoard Chair
Trustee or director, Officer
0.5$0$0$0
William R Kenyon EsqBoard Member
Trustee or director
0.5$0$0$0
David G CaseBoard Vice Chair
Trustee or director, Officer
0.5$0$0$0
Lauren M DixonBoard Secretary
Trustee or director, Officer
0.5$0$0$0
Lauren Sands EsqBoard Member
Trustee or director
0.5$0$0$0
Paul H GriswoldBoard Member
Trustee or director
0.5$0$0$0
Maureen WolfeBoard Member
Trustee or director
0.5$0$0$0
Lori VanDusenBoard Member
Trustee or director
0.5$0$0$0
Margaret Somerset EsqBoard Member
Trustee or director
0.5$0$0$0
Jennifer JonesBoard Treasurer
Trustee or director, Officer
0.5$0$0$0
Gigi LambBoard Member
Trustee or director
0.5$0$0$0
Krista JacksonBoard Member
Trustee or director
0.5$0$0$0
Mark KovaleskiBoard Member
Trustee or director
0.5$0$0$0
Randall FarnsworthBoard Member through April 2023
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
1 FERRIS HLS, CANANDAIGUA, NY 14424-3201
In care of
% LINDA M JANCZAK
Principal officer (990 for 2024)
Michael F Stapleton Jr, 350 Parrish Street, Canandaigua, NY 14424
Signed the 990
Mark Prunoske, Sr VP Finance/CFO
Phone
(585) 393-0410

Mission

To provide an enhanced lifestyle of independence and peace of mind in beautiful, scenic and secure surroundings for all residents, offering a variety of activities, personal services and lifelong learning opportunities. Respect, trust and friendship are the foundation of our community.

990 for the year ended December 31, 2024

Program accomplishments

  • FFT Senior Communities provides program services for residents that include housing, furnishings, health services, respite care and programs to meet their physical, social and psychological needs. Services are provided that contribute to the residents' health, security, physical and mental well-being. 2024 averaged 95.4% occupancy, serving 195 residents.
    Expenses $5,265,926 · revenue $6,825,493

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
16-1557494
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$21,676,333
Income (IRS master file)
$12,275,158

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,839,742$6,581,980$21,676,333XML
990December 2023$6,783,659$6,251,878$20,012,607XML
990December 2022$6,300,841$5,995,250$19,251,076IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 16-1557494).

Questions about F F T SENIOR COMMUNITIES INC

What is the EIN of F F T SENIOR COMMUNITIES INC?
The employer identification number (EIN) of F F T SENIOR COMMUNITIES INC is 16-1557494.
Is F F T SENIOR COMMUNITIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to F F T SENIOR COMMUNITIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does F F T SENIOR COMMUNITIES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of F F T SENIOR COMMUNITIES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did F F T SENIOR COMMUNITIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of F F T SENIOR COMMUNITIES INC?
The 990 for the year ended December 31, 2024 names Michael F Stapleton Jr.
Who are the officers and directors of F F T SENIOR COMMUNITIES INC?
The 990 for the year ended December 31, 2024 lists 31 people; 0 received compensation from the organization.
How much revenue does F F T SENIOR COMMUNITIES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,839,742, expenses of $6,581,980 and total assets of $21,676,333 at year end.

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