Organizations Filed Purposes:
PROVIDE RETIREMENT TOWNHOMES FOR LEASE TO ELDERLY TENANTS ON A LIFETIME BASIS WITH A GUARANTEED RETURN OF 90% OF THE LEASE INVESTMENT WHEN THE TENANT DIES OR MOVES OUT.
PROVIDE RETIREMENT TOWNHOMES FOR LEASE TO ELDERLY TENANTS ON A LIFETIME BASIS.
PROVIDING RETIREMENT HOMES FOR LEASE TO ELDERLY TENANTS ON A LIFETIME BASIS WITH A GUARANTEED RETURN OF 90% OF THE LEASE INVESTMENT WHEN THE TENANT DIES OR MOVES OUT. 10% OF THE LEASE INVESTMENT IS AMORTIZED OVER A TEN YEAR PERIOD WITH THE AMORTIZED AMOUNT RECORDED AS COST FEE INCOME. IF A VACATED HOME IS LEASED FOR A LARGER FEE THAN THE PREVIOUS TENANT RECEIVES 50% OF THE INCREASE.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Mark Davis | EXECUTIVE DIR. | 38 | $76,790 |
| David Timm | DIRECTOR | 0.2 | $0 |
| Lanny Layman | DIRECTOR | 0.2 | $0 |
| Trey Smith | VICE-PRESIDENT | 0.2 | $0 |
| Allen Price | DIRECTOR | 0.2 | $0 |
| Ron Blann | DIRECTOR | 0.2 | $0 |
| Jim Carter | DIRECTOR | 0.2 | $0 |
| Don Foster | PRESIDENT | 0.2 | $0 |
| David Gay | SEC./TREASURER | 0.2 | $0 |
| Daniel Baker | DIRECTOR | 0.2 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202110119349301206_public.xml