Nonprofit · EIN 59-2347336
CARPENTERS HOME ESTATES INC
Tax-exempt · LAKELAND, FL 33809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $24,230,226 | $22,078,094 | $2,152,132 | $66,131,305 | $54,380,222 | $11,751,083 |
| December 31, 2023 | 990 | $23,435,237 | $21,573,894 | $1,861,343 | $65,338,075 | $55,793,175 | $9,544,900 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,065
- Program service revenue
- $23,222,430
- Investment income
- $983,120
- Net income from fundraising events
- -$16,389
- Tax-exempt bond proceeds
- $983,120
- Other revenue
- -$16,389
Expenses
- Grants and similar amounts paid
- $603,607
- Other salaries and wages
- $9,056,515
- Salaries, compensation and benefits (total)
- $10,527,592
- Professional fundraising fees
- $0
- Legal fees
- $116,272
- Accounting fees
- $20,610
- Occupancy
- $1,674,368
- Travel
- $76,099
- Depreciation
- $4,236,743
- Program services (functional)
- $19,341,857
- Management and general (functional)
- $2,736,237
Balance sheet and other
- Total assets, start of year
- $65,338,075
- Total assets, end of year
- $66,131,305
- Total liabilities, end of year
- $54,380,222
- Net assets, end of year
- $11,751,083
- Land, buildings and equipment
- $39,895,477
- Publicly traded securities
- $12,412,734
- Net assets without donor restrictions
- $11,751,083
- Gross receipts
- $24,273,075
- Employees
- 336
- Volunteers
- 100
- Year formed
- 1984
- State of legal domicile
- FL
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 | Other / benefits |
|---|---|---|---|---|
| BRIAN ROBARE | CEO & EXECUTIVE DIRECTOR Officer | 40 | $316,291 | $43,838 |
| LILYBETH LUCAS | THERAPY DIRECTOR Highest-paid employee | 40 | $127,783 | $27,572 |
| CYNTHIA AYALA | ADMININISTRATOR Highest-paid employee | 40 | $142,687 | $8,003 |
| ANGELA LAYFIELD | COO Highest-paid employee | 40 | $122,242 | $12,804 |
| SHERI TURNER | DIRECTOR OF FINANCE Highest-paid employee | 40 | $94,928 | $19,927 |
| DAVID VESPA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LEO GILLMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LOU MCCRANEY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DAVID SCRUGGS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HARVEY MABE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JOSEPH GOSS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WALTER LAIDLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LILYBETH LUCAS | THERAPY DIRECTOR Highest-paid employee | 40 | $139,153 | $19,151 |
| TERESIA KAMAU | RN - UNIT MANAGER Highest-paid employee | 40 | $122,868 | $8,352 |
| SHERI TURNER | DIRECTOR OF FINANCE Highest-paid employee | 40 | $108,328 | $12,187 |
| CRISTINE ROYER | DIRECTOR OF SALES & MARKETING Highest-paid employee | 40 | $116,219 | $0 |
| ALFREADO DEVORA | LPN Highest-paid employee | 40 | $105,209 | $9,947 |
| LEO GILLMAN | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| DAVID VESPA | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LOU MCCRANEY | SECRETARY/TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| DAVID SCRUGGS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HARVEY MABE | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JASON PENROD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARK DICKSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| WALTER LAIDLER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRIAN ROBARE | CEO & EXECUTIVE DIRECTOR Officer | 40 | $0 | $0 |
| JOHN THOMPSON | CFO Officer | 40 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 CARPENTERS WAY, LAKELAND, FL 33809-3956
- In care of
- % THE ESTATES AT CARPENTERS
- Principal officer (990 for 2024)
- LEO GILLMAN, 1001 Carpenters Way, Lakeland, FL 33809
- Signed the 990
- Leo Gillman, President
- Phone
- (863) 858-3847
- Website
- WWW.ESTATESATCARPENTERS.COM
- Return prepared by
- Forvis Mazars LLP
Mission
THE ESTATES AT CARPENTERS IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY DEDICATED TO PROVIDING NURSING AND PERSONAL SERVICES TO MEET THE SPIRITUAL, SOCIAL, EMOTIONAL, PHYSICAL AND HEALTH NEEDS OF THE RESIDENTS AND THE COMMUNITY WE SERVE. WE STRIVE TO PROMOTE AND ENHANCE AN ENVIRONMENT THAT ENCOURAGES DIGNITY, PERSONAL GROWTH, HAPPINESS AND SELF-ESTEEM WHILE VALUING A SENSE OF PURPOSE AND INDEPENDENCE.
Program accomplishments
- CARPENTER'S HOME ESTATES, INC. OPERATES 372 INDEPENDENT LIVING APARTMENTS AS PART OF THE CONTINUING CARE RETIREMENT COMMUNITY. THE INDEPENDENT LIVING APARTMENTS PROVIDE FINANCIAL SUPPORT TO THE OPERATING ACTIVITIES OF THE SKILLED NURSING FACILITY AND THE ASSISTED LIVING FACILITY. THE ESTATES OPERATES A WELLNESS CLINIC STAFFED BY LICENSED NURSES TO PROVIDE OVERSIGHT OF RESIDENT HEALTH CONCERNS, COMMUNICATE WITH MEDICAL PROVIDERS TO IMPROVE CARE AND MINIMIZE WASTE, AND TO ASSIST IN THE COORDINATION OF OUTSIDE MEDICAL SERVICES. THE RESIDENT AGREEMENT EXECUTED AT ADMISSION TO THE COMMUNITY PROVIDES RESIDENTS WITH A SENSE OF SECURITY AND PEACE OF MIND BY GUARANTEEING THE PROVISIONS OF SERVICES AND SUPPORT FOR THE REST OF THEIR LIVES REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION.Expenses $13,483,904 · revenue $16,217,076
- CARPENTER'S HOME ESTATES, INC. OPERATES A 49-UNIT ASSISTED LIVING FACILITY WITH A LICENSED OCCUPANCY OF 52 RESIDENTS. THE FACILITY HOLDS AN EXTENDED CONGREGATE CARE LICENSE TO ALLOW FOR THE PROVISION OF NURSING SERVICES TO THE RESIDENTS. THIS SPECIALTY LICENSE ENABLES THE FACILITY TO EXPAND THE NUMBER AND TYPES OF SERVICES PROVIDED TO THE RESIDENTS WITH THE INTENT OF ALLOWING THEM TO "AGE IN PLACE." THIS LICENSE AND STAFFING PATTERN, WHICH INCLUDES 24-HOUR-A-DAY NURSING COVERAGE, PERMITS THE RESIDENTS TO AGE WITH DIGNITY AND POSTPONES THEIR TRANSFER TO SKILLED NURSING, WHICH HAS A HIGHER COST THAN ASSISTED LIVING. IN 2024, 90% OF THE RESIDENTS SERVED IN THE ASSISTED LIVING FACILITY WERE RECEIVING LIFECARE BENEFITS. THROUGH THEIR RESIDENT AGREEMENT, THESE RESIDENTS RECEIVE A GUARANTEE FOR THE PROVISION OF SERVICES AND SUPPORT REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION.Expenses $4,806,339 · grants $603,607 · revenue $5,740,579
- CARPENTER'S HOME ESTATES, INC. ("THE ESTATES") OPERATES A 72-BED SKILLED NURSING FACILITY AND PARTICIPATES IN THE MEDICARE AND MEDICAID PROGRAMS. IN 2024, 40% OF THE TOTAL PATIENT DAYS SERVICED IN THE NURSING HOME WERE RECEIVING LIFECARE BENEFITS. THROUGH THEIR RESIDENT AGREEMENT, THESE RESIDENTS RECEIVE A GUARANTEE FOR THE PROVISION OF SERVICES REGARDLESS OF THEIR ABILITY TO PAY, AS LONG AS THEY HAVE NOT DISPOSED OF THEIR ASSETS AT LESS THAN FAIR MARKET VALUE. IN ADDITION, THE ESTATES DEMONSTRATE COMMITMENT TO THE SERVICE AND SUPPORT OF THE INDIGENT ELDERLY POPULATION OF THE LOCAL COMMUNITY. IN 2024, 21% OF THE TOTAL PATIENT DAYS IN THE SKILLED NURSING COMPONENT WERE FOR CARE PROVIDED TO RESIDENTS COVERED BY THE MEDICAID PROGRAM. IN THE ESTATES' 39-YEAR HISTORY, NO RESIDENT HAS EVER BEEN ASKED TO LEAVE DUE TO THEIR INABILITY TO MEET THEIR FINANCIAL OBLIGATIONS TO THE ORGANIZATION.Expenses $1,051,614 · revenue $1,264,775
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
- 59-2347336
- 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
- 1984
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $66,131,305
- Income (IRS master file)
- $24,273,075
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $24,230,226 | $22,078,094 | $66,131,305 | XML |
| 990 | December 2023 | $23,435,237 | $21,573,894 | $65,338,075 | XML |
| 990 | December 2022 | $18,369,772 | $20,441,842 | $62,224,590 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 59-2347336).
Questions about CARPENTERS HOME ESTATES INC
- What is the EIN of CARPENTERS HOME ESTATES INC?
- The employer identification number (EIN) of CARPENTERS HOME ESTATES INC is 59-2347336.
- Is CARPENTERS HOME ESTATES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to CARPENTERS HOME ESTATES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARPENTERS HOME ESTATES 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 CARPENTERS HOME ESTATES 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 CARPENTERS HOME ESTATES 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 CARPENTERS HOME ESTATES INC?
- The 990 for the year ended December 31, 2024 names LEO GILLMAN.
- Who are the officers and directors of CARPENTERS HOME ESTATES INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 5 received compensation from the organization, the highest $316,291 (BRIAN ROBARE, CEO & EXECUTIVE DIRECTOR).
- How much revenue does CARPENTERS HOME ESTATES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $24,230,226, expenses of $22,078,094 and total assets of $66,131,305 at year end.
Other nonprofits in LAKELAND
- LAKELAND REGIONAL MEDICAL CENTER INC EIN 59-2650456 · last filed 990 for 2025
- MIDFLORIDA CREDIT UNION EIN 59-6194363 · last filed 990 for 2024
- LAKELAND REGIONAL HEALTH SYSTEMS INC EIN 59-2650464 · last filed 990 for 2025
- FLORIDA SOUTHERN COLLEGE EIN 59-0624401 · last filed 990 for 2025
- SOUTHEASTERN UNIVERSITY INC EIN 59-0722789 · last filed 990 for 2025
- GIVEWELL COMMUNITY FOUNDATION INC EIN 59-3649871 · last filed 990 for 2025
- POLK COUNTY SCHOOL READINESS COALITION INC EIN 59-3648316 · last filed 990 for 2025
- PUBLIX SUPER MARKETS CHARITIES INC EIN 59-6194119 · last filed 990-PF for 2024