Nonprofit · EIN 20-2004162
KING FARM PRESBYTERIAN RETIREMENT
Also known as INGLESIDE AT KING FARM
Tax-exempt · ROCKVILLE, MD 20850
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $51,105,576 | $51,264,287 | -$158,711 | $291,906,212 | $386,797,375 | -$94,891,163 |
| December 31, 2023 | 990 | $46,128,859 | $49,514,906 | -$3,386,047 | $302,640,436 | $398,890,230 | -$96,249,794 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $996,748
- Program service revenue
- $47,864,723
- Investment income
- $1,076,861
- Net rental income
- -$40,093
- Net gain from sales of assets
- -$383,735
- Tax-exempt bond proceeds
- $534,277
- Other revenue
- $1,167,244
Expenses
- Grants and similar amounts paid
- $185,051
- Compensation of officers, directors and key employees
- $238,217
- Other salaries and wages
- $14,119,521
- Salaries, compensation and benefits (total)
- $16,934,427
- Professional fundraising fees
- $0
- Legal fees
- $40,225
- Accounting fees
- $50,345
- Occupancy
- $9,465,139
- Travel
- $22,975
- Depreciation
- $12,421,187
- Program services (functional)
- $44,002,545
- Management and general (functional)
- $7,261,742
Balance sheet and other
- Total assets, start of year
- $302,640,436
- Total assets, end of year
- $291,906,212
- Total liabilities, end of year
- $386,797,375
- Net assets, end of year
- -$94,891,163
- Land, buildings and equipment
- $242,390,877
- Publicly traded securities
- $39,722,391
- Net assets without donor restrictions
- -$101,084,854
- Net assets with donor restrictions
- $6,193,691
- Gross receipts
- $57,647,676
- Employees
- 425
- Volunteers
- 79
- Year formed
- 2004
- State of legal domicile
- MD
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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNN O'CONNOR | PRESIDENT/CEO Officer | 8 | $0 | $638,176 | $36,488 |
| JAMES SPENCER | CFO & CHIEF GROWTH OFFICER Officer | 8 | $0 | $614,084 | $0 |
| DOUGLAS MYERS | PRESIDENT/CEO Officer | 8 | $0 | $410,497 | $38,358 |
| TRACI ALLEY | CHIEF HR OFFICER Officer | 8 | $0 | $325,167 | $23,832 |
| CHRISTINE PODLES | COO Officer | 8 | $0 | $333,731 | $10,430 |
| DUSANKA DELOVSKA-TRAJKOVA | CHIEF INFORMATION OFFICER Officer | 8 | $0 | $259,452 | $20,299 |
| KENYA S BRYANT | EXECUTIVE DIRECTOR Key employee | 40 | $227,324 | $0 | $21,873 |
| MORINATU ADENIYI-OLADAPO | ADMINISTRATOR Highest-paid employee | 40 | $178,054 | $0 | $7,588 |
| SOPHIA BRAUNS | DIRECTOR Highest-paid employee | 40 | $125,914 | $0 | $24,807 |
| ABDO KARMOUCH | DIRECTOR Highest-paid employee | 40 | $121,963 | $0 | $19,933 |
| COMFORT GANG | DELEGATING NURSE Highest-paid employee | 40 | $102,375 | $0 | $30,377 |
| SUSAN J LUCAS | REGISTERED NURSE Highest-paid employee | 40 | $108,864 | $0 | $9,438 |
| NANCY KUHN | CHAIR Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
| STEVEN WAGNER | VICE CHAIR Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
| JENNIFER CHANDLER HAUGE | SECRETARY Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON BOARDMAN | DIRECTOR Trustee or director | 0.8 | $0 |
| PEGGY CECCHINE | DIRECTOR Trustee or director | 0.8 | $0 |
| SALLY COX | DIRECTOR Trustee or director | 0.8 | $0 |
| HOWARD GLECKMAN | DIRECTOR Trustee or director | 0.8 | $0 |
| GREGG JOHNSON | DIRECTOR Trustee or director | 0.8 | $0 |
| RUTH KATZ | DIRECTOR Trustee or director | 0.8 | $0 |
| JOHN KREUTZER | DIRECTOR Trustee or director | 0.8 | $0 |
| PHILLIP MAGIDSON | DIRECTOR Trustee or director | 0.8 | $0 |
| JAY NEWTON-SMALL | DIRECTOR Trustee or director | 0.8 | $0 |
| ALICE BUHL | DIRECTOR Trustee or director | 0.8 | $0 |
990 for the year ended December 31, 2023: 28 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LYNN O'CONNOR | PRESIDENT/CEO Officer | 8 | $0 | $595,433 | $37,262 |
| CHRISTINE PODLES | COO Officer | 8 | $0 | $333,861 | $11,348 |
| TRACI ALLEY | CHIEF HR OFFICER Officer | 8 | $0 | $320,899 | $14,904 |
| DUSANKA DELOVSKA-TRAKOVA | CIO Officer | 8 | $0 | $284,108 | $11,653 |
| KENYA S BRYANT | EXECUTIVE DIRECTOR Key employee | 40 | $210,671 | $0 | $6,760 |
| JENNIFER SARGENT | VP HUMAN RESOURCES Key employee | 13 | $0 | $161,373 | $14,870 |
| MORINATU ADENIYI-OLADAPO | COMM. DIR. OF HEALTH SERVICES Highest-paid employee | 40 | $165,530 | $0 | $5,649 |
| SOPHIA BRAUNS | DIRECTOR OF SALES Highest-paid employee | 40 | $136,464 | $0 | $17,044 |
| ERICA SHERN | DIRECTOR OF NURSING Highest-paid employee | 40 | $141,493 | $0 | $9,154 |
| ABDO KARMOUCH | DIRECTOR OF PROPERTY MANAGEMENT Highest-paid employee | 40 | $126,773 | $0 | $12,686 |
| KEVILIN PRAH | ADMINISTRATOR Highest-paid employee | 40 | $113,733 | $0 | $7,067 |
| NANCY KUHN | CHAIR Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
| STEVEN WAGNER | VICE CHAIR Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
| JENNIFER CHANDLER HAUGE | SECRETARY Trustee or director, Officer | 1.2 | $0 | $0 | $0 |
| DON BOARDMAN | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| PEGGY CECCHINE | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| SALLY COX | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| HOWARD GLECKMAN | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| GREGG JOHNSON | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| RUTH KATZ | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| JOHN KREUTZER | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| PHILLIP MAGIDSON | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| JAY NEWTON-SMALL | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| ROBYN STONE | DIRECTOR (UNTIL 01/23) Trustee or director | 0.8 | $0 | $0 | $0 |
| DENIS VON KAEPPLER | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| ALICE BUHL | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| JANET KELLEY | DIRECTOR Trustee or director | 0.8 | $0 | $0 | $0 |
| BRUCE BARTELS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 0.8 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 701 KING FARM BOULEVARD, ROCKVILLE, MD 20850-6165
- In care of
- % PAYROLL DEPARTMENT
- Principal officer (990 for 2024)
- LYNN O'CONNOR, 702 KING FARM BLVD STE 510, ROCKVILLE, MD 20850
- Signed the 990
- LYNN O'CONNOR, PRESIDENT/CEO
- Phone
- (240) 499-9015
- Website
- WWW.INGLESIDEONLINE.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE FILING ORGANIZATION ADHERES TO ITS PARENT'S MISSION AS STATED: WESTMINSTER INGLESIDE KING FARM PRESBYTERIAN RETIREMENT COMMUNITIES INC. WILL EXCEL IN PROVIDING DISTINCTIVE AND SUSTAINABLE RESIDENTIAL SETTINGS WHERE ACTIVE SENIORS LIVE IN VIBRANT, CARING, AND SPIRITUALLY RICH COMMUNITIES, AND WHERE THEY CAN RELY ON CONTINUING WELLNESS AND HEALTHCARE SERVICES FOR THEMSELVES AND THEIR NEIGHBORS.
Program accomplishments
- CHARITABLE PURPOSE: CARING FOR SENIORSINGLESIDE AT KING FARM (IKF) IS A FAITH-BASED, NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY LOCATED IN ROCKVILLE, MARYLAND JUST NORTH OF WASHINGTON DC. IKF OFFERS FOUR LEVELS OF DISTINCT CARE TO SENIORS OVER THE AGE OF 60. RESIDENTS LIVE IN INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT ASSISTED LIVING, OR SKILLED NURSING; ALL OF WHICH ARE LICENSED AND REGULATED BY THE STATE OF MARYLAND.IKF ENHANCES THE LIVES OF ALL RESIDENTS THROUGH DAILY LIFE-ENRICHMENT PROGRAMMING. OVER 4,000 PROGRAMS ARE HELD ANNUALLY; ALL FOCUS ON THE SEVEN DIMENSIONS OF WELLNESS. OVERALL, THE PROGRAMS INCORPORATE THE PHYSICAL ASPECT OF WELLNESS CENTERS BY ENDORSING REGULAR EXERCISE, MAINTAINING GOOD NUTRITION, AND AVOIDING UNHEALTHY BEHAVIORS. IKF PROMOTES PHYSICAL WELL-BEING THROUGH REGULAR EXERCISE AND STRETCHING PROGRAMS AND OFFERS A PERSONAL TRAINER ON CAMPUS TO PROVIDE RESIDENTS WITH INDIVIDUAL ATTENTION. AN INDOOR POOL AND SWIMMING INSTRUCTION ARE ALSO AVAILABLE TO RESIDENTS AS A MEANS OF HELPING THEM STAY PHYSICALLY FIT. IN ADDITION, IKF OFFERS NUTRITIONIST SERVICES TO CONSULT WITH RESIDENTS CONCERNING THEIR INDIVIDUAL DIETS.IKF ENCOURAGES INTELLECTUAL WELLNESS FOR RESIDENTS BY OFFERING CONVERSATIONS ON CURRENT EVENTS, OPPORTUNITIES TO LISTEN TO SPEAKERS ON A WIDE VARIETY OF SUBJECTS, AND A CHANCE TO PARTICIPATE IN THE RESIDENT COUNCIL AND OTHER COMMUNITY ORGANIZED COMMITTEES WHICH OFFER ADVICE AND PARTNERSHIP TO THE CAMPUS ADMINISTRATION. FOR THOSE WHO ARE EXPERIENCING MEMORY LOSS, IKF HAS DEDICATED STAFF PERSONS TO DESIGN AND LEAD SPECIAL PROGRAMS TO INVIGORATE THE MIND. EMOTIONAL WELLNESS INCORPORATES THE CONCEPT OF BELIEVING IN ONESELF, HAVING THE ABILITY TO COPE AND ADJUST TO CHALLENGES IN A HEALTHY WAY, ENJOYING LIFE, AND STAYING OPTIMISTIC IN BELIEFS. IKF PROMOTES EMOTIONAL WELLNESS BY ENGAGING RESIDENTS IN DECISION-MAKING PROCESSES WHEN APPROPRIATE, CELEBRATING THEIR LIFETIME MILESTONES, AND PROVIDING A WIDE VARIETY OF ACTIVITIES THAT APPEAL TO DIVERSE PEOPLE. FOR EXAMPLE, RESIDENTS ARE ENCOURAGED TO TAKE A LEADERSHIP ROLE IN CREATING ON-CAMPUS PROGRAMS.CONTINUING CARE RETIREMENT COMMUNITIES (CCRCS) ARE, BY THEIR VERY NATURE, SOCIAL ENTITIES ENABLING RELATIONSHIP DEVELOPMENT. TRADITIONALLY, PEOPLE WHO AGE IN CCRCS LIVE LONGER THAN THOSE WHO DO NOT LARGELY BECAUSE OF THE SOCIAL ENVIRONMENT AND CONTINUING HEALTH CARE. RESIDENTS DINE TOGETHER, ATTEND EVENTS AND ACTIVITIES TOGETHER, AND OCCUPY THE SAME COMMON AREAS. RESIDENTS ARE NOT ISOLATED AS COMPARED TO IF THEY LIVED ALONE. MORNING MINGLES AND OUTREACH BY THE WELCOME COMMITTEE ARE IMPORTANT WAYS OF KEEPING RESIDENT ENGAGEMENT VIBRANT AT IKF. PEOPLE AT IKF COME FROM DIVERSE BACKGROUNDS WITH A WIDE VARIETY OF BELIEFS AND IDEALS AND FEEL FREE TO SHARE THESE INTERESTS WITH OTHERS.THERE ARE MANY DIMENSIONS TO SPIRITUAL WELL-BEING AND IKF HONORS ALL OF THEM. PROTESTANT, CATHOLIC, AND JEWISH SERVICES ARE ALL OFFERED REGULARLY. BELIEFS ARE HONORED ON THE WORLD DAY OF PRAYER. THERE IS A SPIRITUAL LIFE COMMITTEE OF MEMBERS LED BY THE IKF CHAPLAIN. THE COMMITTEE FOCUSES ON DEVELOPING AN INCLUSIVE SENSE OF SPIRIT AT IKF. IN 2020, IKF HIRED A SECOND CHAPLAIN TO ENHANCE THE SPIRITUAL LIFE OF THE COMMUNITY. THROUGH ITS LIFE ENRICHMENT PROGRAMS, PEOPLE FIND DEEPER PURPOSE AND MEANING IN THEIR LIVES. IKF OFFERS DANCE, TAI CHI, CHORUS AND A VARIETY OF ACTIVITIES THAT AWAKEN THE SPIRITUAL SIDE OF RESIDENTS.FROM AN ENVIRONMENTAL WELLNESS PERSPECTIVE, IKF IS A LEADER IN ENERGY AND ENVIRONMENTAL DESIGN (LEED) BECAUSE WE ARE A (GREEN) CERTIFIED BUILDING. RESIDENTS RECYCLE, AND IKF HAS RECEIVED RECYCLING AWARDS FROM THE COUNTY. THE BEAUTIFUL BUILDINGS PROVIDE RESIDENTS WITH A CALM AND RELAXING ENVIRONMENT IN WHICH TO LIVE.CHARITABLE PURPOSE: HEALTH CAREIKF PROVIDES 24 HOUR EMERGENCY SUPPORT TO ALL RESIDENTS. FOR THOSE WHO LIVE IN INDEPENDENT LIVING, A 24 HOUR, 7 DAY A WEEK CONCIERGE WILL CONTACT 911 FOR EMERGENCY SERVICE. FOR ASSISTED LIVING, MEMORY SUPPORT ASSISTED LIVING, AND COMPREHENSIVE CARE, 24 HOUR EMERGENCY CARE IS PROVIDED.IKF ALSO PROVIDES HEALTH CARE IN OUR ASSISTED LIVING, MEMORY SUPPORT ASSISTED LIVING, AND SKILLED NURSING ENVIRONMENTS. RESIDENTS WHO RETURN FROM THE HOSPITAL OR WHOSE HEALTH IS DECLINING, OFTEN REQUIRE ADDITIONAL CARE AND RESIDENTS MAY TRANSFER WITHIN TO RECEIVE INCREASINGLY COMPREHENSIVE LEVELS OF CARE - EITHER SHORT OR LONG-TERM. A WEEKLY RESIDENT REVIEW COMMITTEE, COMPRISED OF MANY LEADERSHIP DISCIPLINES, DISCUSSES AND EVALUATES THE BEST SETTING WITHIN THE COMMUNITY FOR EACH RESIDENT NEEDING A CHANGE IN SERVICES. A WELLNESS CENTER IS STAFFED TO PROVIDE RESIDENTS WITH THE SERVICES OF AN ON-SITE NURSE. THE NURSE PROVIDES MONTHLY HEALTH EDUCATION TO ALL RESIDENTS. IN ADDITION, A PODIATRIST, OPTOMETRIST, AND DERMATOLOGIST VISIT REGULARLY TO SEE RESIDENTS. IKF ALSO PARTNERS WITH A REHABILITATION COMPANY TO OFFER OUT-PATIENT SERVICES TO RESIDENTS IN NEED OF PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES.THE RESIDENTS OF IKF BENEFIT FROM ALL THE SERVICES AND OPPORTUNITIES PROVIDED TO THEM AS THEY EXPERIENCE OLDER ADULTHOOD. THESE OFFERINGS ALLOW THE RESIDENTS TO OBTAIN A CAREFREE LIFESTYLE INSPIRED BY THEIR OWN CHOICES.THE CORPORATION EXTENDS CHARITY CARE AND OTHER SUPPORT TO RESIDENTS WHO MEET CERTAIN CRITERIA UNDER ITS BENEVOLENT CARE POLICY AND WHO ARE UNABLE TO PAY FOR SERVICES, AT ALL LEVELS OF CARE, AS NEEDED AND WHEN APPROPRIATE, WITHOUT CHARGE OR AT RATES LESS THAN THOSE ESTABLISHED. THIS SUPPORT IS PROVIDED THROUGH A BENEVOLENCE FUND ESTABLISHED AT THE OUTSET OF THE COMMUNITY.Expenses $44,002,545 · grants $185,051 · revenue $47,864,723
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-2004162
- 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
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $291,906,212
- Income (IRS master file)
- $57,647,676
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $51,105,576 | $51,264,287 | $291,906,212 | IRS |
| 990 | December 2023 | $46,128,859 | $49,514,906 | $302,640,436 | XML |
| 990 | December 2022 | $38,652,344 | $44,592,607 | $296,448,049 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 20-2004162).
Questions about KING FARM PRESBYTERIAN RETIREMENT
- What is the EIN of KING FARM PRESBYTERIAN RETIREMENT?
- The employer identification number (EIN) of KING FARM PRESBYTERIAN RETIREMENT is 20-2004162.
- Is KING FARM PRESBYTERIAN RETIREMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to KING FARM PRESBYTERIAN RETIREMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KING FARM PRESBYTERIAN RETIREMENT 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 KING FARM PRESBYTERIAN RETIREMENT 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 KING FARM PRESBYTERIAN RETIREMENT 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 KING FARM PRESBYTERIAN RETIREMENT?
- The 990 for the year ended December 31, 2024 names LYNN O'CONNOR.
- Who are the officers and directors of KING FARM PRESBYTERIAN RETIREMENT?
- The 990 for the year ended December 31, 2024 lists 25 people; 6 received compensation from the organization.
- How much revenue does KING FARM PRESBYTERIAN RETIREMENT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $51,105,576, expenses of $51,264,287 and total assets of $291,906,212 at year end.
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- NATIONAL FOUNDATION FOR AFFORDABLE HOUSING SOLUTIONS INC EIN 52-1665967 · last filed 990 for 2024
- WESTMINSTER INGLESIDE PRESBYTERIAN FOUNDATION EIN 54-1949766 · last filed 990 for 2024
- REVITZ HOUSE CORPORATION EIN 52-1064333 · last filed 990 for 2024
- KING FARM CITIZENS ASSEMBLY INC EIN 54-1922127 · last filed 990 for 2024
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