Nonprofit · EIN 43-1821821
THE CAPSTONE GROUP INC
Tax-exempt · MARIETTA, GA 30062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $11,436,014 | $10,904,638 | $531,376 | $17,516,528 | $11,653,817 | $5,862,711 |
| December 31, 2024 | 990 | $10,444,482 | $10,523,082 | -$78,600 | $12,242,822 | $7,381,598 | $4,861,224 |
| December 31, 2023 | 990 | $11,765,713 | $11,003,576 | $762,137 | $12,895,421 | $7,468,704 | $5,426,717 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $24,638
- Program service revenue
- $11,375,318
- Investment income
- $36,058
- Net gain from sales of assets
- $5,031
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $660
- Compensation of officers, directors and key employees
- $135,781
- Other salaries and wages
- $4,771,891
- Salaries, compensation and benefits (total)
- $5,586,057
- Professional fundraising fees
- $0
- Legal fees
- $86,404
- Accounting fees
- $133,146
- Occupancy
- $413,184
- Travel
- $38,226
- Depreciation
- $198,307
- Program services (functional)
- $9,724,124
- Management and general (functional)
- $1,180,514
Balance sheet and other
- Total assets, start of year
- $12,242,822
- Total assets, end of year
- $17,516,528
- Total liabilities, end of year
- $11,653,817
- Net assets, end of year
- $5,862,711
- Land, buildings and equipment
- $10,607,175
- Net assets without donor restrictions
- $5,862,711
- Gross receipts
- $11,436,014
- Employees
- 214
- Volunteers
- 35
- Year formed
- 1998
- State of legal domicile
- MO
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL A MICHAUD | PRESIDENT & TREASURER Trustee or director, Officer | 40 | $120,000 |
| JAMES J LOCK | SECRETARY Trustee or director, Officer | 3 | $8,281 |
| GREGORY T SLESSOR | VICE PRESIDENT Trustee or director, Officer | 3 | $7,500 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HILAREE STRINGHAM | ADMINISTRATOR Highest-paid employee | 40 | $118,959 | $9,517 |
| MICHAEL A MICHAUD | PRESIDENT & TREASURER Trustee or director, Officer | 40 | $123,900 | $0 |
| GREGORY T SLESSOR | VICE PRESIDENT Trustee or director, Officer | 3 | $15,000 | $0 |
| JAMES J LOCK | SECRETARY Trustee or director, Officer | 3 | $15,000 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL A MICHAUD | PRESIDENT & TREASUER Trustee or director, Officer | 40 | $123,968 | $0 |
| HILAREE STRINGHAM | ADMINISTRATOR Highest-paid employee | 40 | $117,450 | $3,343 |
| GREGORY T SLESSOR | VICE PRESIDENT Trustee or director, Officer | 3 | $11,500 | $0 |
| JOHN J LOCK | SECRETARY Trustee or director, Officer | 3 | $10,500 | $0 |
Address and contacts
- Address (IRS master file)
- 3831 FENWAY XING, MARIETTA, GA 30062-6923
- In care of
- % HEALTHCARE OF IOWA
- Principal officer (990 for 2025)
- MICHAEL MICHAUD, 3831 FENWAY CROSSING, MARIETTA, GA 30062
- Signed the 990
- MICHAEL MICHAUD, PRESIDENT
- Phone
- (770) 578-1754
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
OPERATION OF LONG-TERM HEALTH CARE FACILITIES
Program accomplishments
- OPERATION OF LONG-TERM HEALTH CARE FACILITIES. THE CAPSTONE GROUP OWNS TWO FACILITIES, ONE IN GUTHRIE CENTER, IA AND ONE IN MARION, IA. THE GUTHRIE CENTER FACILITY OFFERS A FULL SPECTRUM OF CARE NEEDS, WITH SEVENTEEN (17) INDEPENDENT LIVING APARTMENTS FOR SENIOR CITIZENS, FOURTEEN (14) ASSISTED LIVING UNITS, AND FIFTY-EIGHT (58) SKILLED NURSING BEDS. IN TOTAL THE NEW HOMESTEAD IS CAPABLE OF SERVING, SHOULD THERE BE DEMAND, UP TO ONE-HUNDRED AND TWENTY-SIX (126) RESIDENTS WERE THERE TO BE COUPLES IN INDEPENDENT LIVING AND ASSISTED LIVING APARTMENTS. THE MARION FACILITY IS FOCUSED ON SKILLED NURSING CARE AND IS LICENSED FOR FIFTY (50) BEDS.Expenses $9,724,124 · grants $660 · revenue $11,375,318
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 | 990 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
- 43-1821821
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- 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 (P75)
- Assets (IRS master file)
- $17,516,528
- Income (IRS master file)
- $11,436,014
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $11,436,014 | $10,904,638 | $17,516,528 | XML |
| 990 | December 2024 | $10,444,482 | $10,523,082 | $12,242,822 | XML |
| 990 | December 2023 | $11,765,713 | $11,003,576 | $12,895,421 | XML |
| 990 | December 2022 | $8,980,174 | $9,793,439 | $12,099,164 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 43-1821821).
Questions about THE CAPSTONE GROUP INC
- What is the EIN of THE CAPSTONE GROUP INC?
- The employer identification number (EIN) of THE CAPSTONE GROUP INC is 43-1821821.
- Is THE CAPSTONE GROUP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to THE CAPSTONE GROUP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE CAPSTONE GROUP 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 THE CAPSTONE GROUP INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE CAPSTONE GROUP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE CAPSTONE GROUP INC?
- The 990 for the year ended December 31, 2025 names MICHAEL MICHAUD.
- Who are the officers and directors of THE CAPSTONE GROUP INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $120,000 (MICHAEL A MICHAUD, PRESIDENT & TREASURER).
- How much revenue does THE CAPSTONE GROUP INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $11,436,014, expenses of $10,904,638 and total assets of $17,516,528 at year end.
Other nonprofits in MARIETTA
- MUST MINISTRIES INC EIN 58-2034725 · last filed 990 for 2025
- THE CENTER FOR FAMILY RESOURCES INC EIN 58-0876634 · last filed 990 for 2024
- THE CENTER FOR CHILDREN AND YOUNG ADULTS INC EIN 58-1451180 · last filed 990 for 2024
- GIFT OF MUSIC FOUNDATION INC EIN 47-3268303 · last filed 990 for 2024
- DAVIS DIRECTION FOUNDATION INC EIN 47-1370495 · last filed 990 for 2024
- CIUDAD DE ANGELES INC EIN 01-0730818 · last filed 990 for 2024
- BRIGHTPOINT FOR CHILDREN INC EIN 26-0251918 · last filed 990 for 2024
- FAMILIES AND COMMUNITIES TOGETHER RELIEF - FACT RELIEF EIN 47-2746306 · last filed 990 for 2024