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Laurelwood Senior Housing Corporation

Laurelwood Senior Housing Corp

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Senior Citizens' Housing/Retirement Communities (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$445k (2024)

Expenses
$389k (2024)

Total Assets
$1.12M (2024)

Total Liabilities
$290k (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$444,719
Expenses
$389,116
Net Income
$55,603
Net Assets
$829,459
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $435,418
97.9%
Investment Income $4,606
1.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,695
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $87,157
22.4%
Assets/Debt
Total Assets $1,119,036
Total Liabilities $289,577
Net Assets $829,459
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President) $0 $501,023 $36,209
Jim Ridenour (Director/Chairman) $0 $143,500 $0
Jo Ann Corbitt (Director) $0 $92,650 $0
John G Foos (Director) $0 $81,000 $0
Stephen F Wood Jr (Director) $0 $78,500 $0
Laura Hawken (Director) $0 $67,250 $0
Chris Hodges (Director) $0 $60,000 $0
Andrea Barach (Vp And Corporate Secretary) $0 $288,175 $22,921
Christopher Louder (Vp Finance) $0 $210,918 $37,226
Stephen F Wood Sr (Former Director) $0 $52,500 $0
John E Gillmor (Former Director) $0 $28,800 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$421,460
Expenses
$371,985
Net Income
$49,475
Net Assets
$773,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $416,538
98.8%
Investment Income $2,865
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,057
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $79,386
21.3%
Assets/Debt
Total Assets $1,122,147
Total Liabilities $348,291
Net Assets $773,856
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President) $0 $481,362 $33,140
Jim Ridenour (Director/Chairman) $0 $136,250 $0
Jo Ann Corbitt (Director) $0 $83,250 $0
John G Foos (Director) $0 $77,500 $0
Laura Hawken (Director) $0 $64,250 $0
Stephen F Wood Jr (Director) $0 $75,000 $0
Andrea Barach (Vp And Corporate Secretary) $0 $273,577 $19,656
Christopher Louder (Vp Finance) $0 $201,072 $33,848
John E Gillmor (Former Director) $0 $54,100 $0
Stephen F Wood Sr (Former Director) $0 $56,000 $0

Document Links

Fiscal Year Ending Dec.
2022

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$406,054
Expenses
$374,725
Net Income
$31,329
Net Assets
$724,381
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $401,034
98.8%
Investment Income $136
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,884
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $73,915
19.7%
Assets/Debt
Total Assets $1,144,704
Total Liabilities $420,323
Net Assets $724,381
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President) $0 $439,286 $41,277
Jim Ridenour (Director/Chairman) $0 $130,500 $0
Jo Ann Corbitt (Director) $0 $79,500 $0
John E Gillmor (Director) $0 $73,000 $0
John G Foos (Director) $0 $74,250 $0
Laura Hawken (Director) $0 $61,500 $0
Stephen F Wood Jr (Director) $0 $71,750 $0
Stephen F Wood Sr (Director) $0 $53,750 $0
Andrea Barach (Vp And Corporate Secretary) $0 $257,533 $20,457
Christopher Louder (Vp Finance) $0 $169,529 $23,490

Document Links

Fiscal Year Ending Dec.
2021

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$403,409
Expenses
$323,099
Net Income
$80,310
Net Assets
$693,380
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $395,683
98.1%
Investment Income $185
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,541
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $68,036
21.1%
Assets/Debt
Total Assets $1,195,262
Total Liabilities $501,882
Net Assets $693,380
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President) $0 $509,007 $40,863
Jim Ridenour (Director/Chairman) $0 $113,750 $0
Jo Ann Corbitt (Director) $0 $77,500 $0
John E Gillmor (Director) $0 $75,000 $0
John G Foos (Director) $0 $72,500 $0
Laura Hawken (Director) $0 $57,450 $0
Stephen F Wood Jr (Director) $0 $70,000 $0
Stephen F Wood Sr (Director/Former Exec Chairman (Thru 6/2020)) $0 $251,250 $0
Andrea Barach (Vp And Corporate Secretary) $0 $297,176 $19,892
Christopher Louder (Vp Finance (Beginning Oct 2020)) $0 $26,976 $3,668

Document Links

Fiscal Year Ending Dec.
2020

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$449,742
Expenses
$352,301
Net Income
$97,441
Net Assets
$645,162
Notable Sources of Revenue Percent of Total Revenue
Contributions $47,689
10.6%
Program Services $389,870
86.7%
Investment Income $1,253
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,930
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $55,817
15.8%
Assets/Debt
Total Assets $1,228,212
Total Liabilities $583,050
Net Assets $645,162
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President Of Emerald Shelter Group) $0 $388,946 $12,012
Stephen F Wood Sr (Executive Chairman Of Emerald Shelter Group) $0 $500,000 $0
Jim Ridenour (Director) $0 $82,683 $0
Jo Ann Corbitt (Director) $0 $80,273 $0
John E Gillmor (Director) $0 $75,000 $0
John G Foos (Director) $0 $72,500 $0
Laura Hawken (Director) $0 $47,950 $0
Stephen F Wood Jr (Director) $0 $70,000 $0
Andrea Barach (Vp And Corporate Secretary) $0 $242,242 $6,039
John Noffsinger (Coo) $0 $230,640 $6,039
Kylie Waters (Cfo (Termed 5/1/2020)) $0 $187,157 $6,667

Document Links

Fiscal Year Ending Dec.
2019

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$391,071
Expenses
$320,798
Net Income
$70,273
Net Assets
$577,659
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $379,990
97.2%
Investment Income $1,765
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,316
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $71,926
22.4%
Assets/Debt
Total Assets $1,241,792
Total Liabilities $664,133
Net Assets $577,659
Compensation
Key Employees and Officers Compensation Related Other
Stephen F Wood Sr (Executive Chairman Of Emerald Shelter Group) $0 $600,000 $0
Douglass Smith (Director/President Of Emerald Shelter Group) $0 $328,949 $17,059
Jo Ann Corbitt (Director) $0 $76,248 $0
John G Foos (Director) $0 $71,252 $0
John E Gillmor (Director) $0 $73,750 $0
Laura Hawkin (Director (As Of 4/1/2019)) $0 $0 $0
Jim Ridenour (Director) $0 $73,750 $0
Stephen F Wood Jr (Director) $0 $68,748 $0
Andrea Barach (Vp And Corporate Secretary) $0 $201,150 $5,298
John Noffsinger (Coo) $0 $197,372 $0
Kylie Waters (Cfo (As Of 1/16/2019)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$434,975
Expenses
$453,156
Net Income
-$18,181
Net Assets
$530,359
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,260
11.8%
Program Services $371,670
85.4%
Investment Income $1,805
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,240
2.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $78,884
17.4%
Assets/Debt
Total Assets $1,254,454
Total Liabilities $724,095
Net Assets $530,359
Compensation
Key Employees and Officers Compensation Related Other
Douglass Smith (Director/President Of Emerald Shelter Group) $0 $319,603 $13,778
Stephen F Wood Sr (Director/Ceo Of Emerald Shelter Group) $0 $725,000 $0
John G Foos (Director) $0 $70,000 $0
John E Gillmor (Director) $0 $36,250 $0
Jo Ann Corbitt (Director) $0 $37,500 $0
Stephen F Wood Jr (Director) $0 $66,250 $0
Jim Ridenour (Director) $0 $68,750 $0
Andrea Barach (Vp And Corporate Secretary (As Of 9/2017)) $0 $56,834 $1,958
John Noffsinger (Coo (As Of 10/2017)) $0 $44,636 $549

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$409,800
Expenses
$333,506
Net Income
$76,294
Net Assets
$574,898
Notable Sources of Revenue Percent of Total Revenue
Contributions $38,046
9.3%
Program Services $364,423
88.9%
Investment Income $814
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,517
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $73,741
22.1%
Assets/Debt
Total Assets $1,387,299
Total Liabilities $812,401
Net Assets $574,898
Compensation
Key Employees and Officers Compensation Related Other
Stephen F Wood Sr (Director/Ceo Of Emerald Shelter Group) $0 $790,900 $0
Douglass Smith (Director/President Of Emerald Shelter Group) $0 $283,380 $9,098
John E Gillmor (Director/Vp, Secretary) $0 $113,525 $0
Jo Ann Corbitt (Director/Vp Of Housing) $0 $78,800 $0
John G Foos (Director) $0 $65,000 $0
Stephen F Wood Jr (Director) $0 $57,500 $0
Jim Ridenour (Director) $0 $25,000 $0

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$420,577
Expenses
$315,085
Net Income
$105,492
Net Assets
$530,200
Notable Sources of Revenue Percent of Total Revenue
Contributions $48,012
11.4%
Program Services $364,839
86.7%
Investment Income $364
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $7,362
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $68,338
21.7%
Assets/Debt
Total Assets $1,467,929
Total Liabilities $937,729
Net Assets $530,200
Compensation
Key Employees and Officers Compensation Related Other
Stephen F Wood Sr (Director Of The Board/Ceo Of Emerald Shelter Group) $0 $643,588 $0
Bruce Hutson (President And Chairman Of The Board) $0 $111,826 $0
John G Foos (Treasurer Of The Board) $0 $90,826 $0
John E Gillmor (Secretary Of The Board & Vp) $0 $111,826 $0
Douglass Smith (Director Of The Board/Coo Of Emerald Shelter Group) $0 $246,192 $8,352
Jo Ann Corbitt (Director Of The Board, Vp Of Housing) $0 $59,588 $0
Stephen F Wood Jr (Director Of The Board) $0 $38,588 $0

Document Links

Fiscal Year Ending Dec.
2015

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$396,870
Expenses
$295,330
Net Income
$101,540
Net Assets
$457,912
Notable Sources of Revenue Percent of Total Revenue
Contributions $49,134
12.4%
Program Services $343,205
86.5%
Investment Income $226
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,305
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $70,133
23.7%
Assets/Debt
Total Assets $1,494,716
Total Liabilities $1,036,804
Net Assets $457,912
Compensation
Key Employees and Officers Compensation Related Other
Bruce Hutson (President Of The Board) $0 $87,768 $0
John G Foos (Treasurer Of The Board) $0 $68,738 $0
John E Gillmor (Secretary Of The Board) $0 $87,768 $0
Douglass Smith (Director Of The Board/Cfo Of Hoosier Care) $0 $68,964 $0
Stephen F Wood Sr (Director Of The Board/Ceo Of Hoosier Care) $0 $451,313 $0
Jo Ann Corbitt (Director Of The Board) $0 $21,313 $0
Stephen F Wood Jr (Director Of The Board) $0 $21,313 $0

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Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$392,618
Expenses
$325,768
Net Income
$66,850
Net Assets
$388,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $47,179
12.0%
Program Services $338,767
86.3%
Investment Income $243
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,429
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $65,539
20.1%
Assets/Debt
Total Assets $1,523,337
Total Liabilities $1,134,821
Net Assets $388,516
Compensation
Key Employees and Officers Compensation Related Other
Bruce Hutson (President) $0 $85,895 $0
John E Gillmor (Vp/Secretary) $0 $79,645 $0
John G Foos (Vp/ Assistant Secretary) $0 $62,425 $0
Stephen F Wood Sr (Vp/Treasurer & Ceo) $0 $364,375 $0
Douglass Smith (Director) $0 $25,625 $0
Jo Ann Corbitt (Director) $0 $25,625 $0
Stephen F Wood Jr (Director) $0 $25,625 $0
Lewis F Wood Jr (Former Ceo) $0 $289,950 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,957
Expenses
$204,217
Net Income
$78,740
Net Assets
$327,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $277,673
98.1%
Investment Income $322
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,962
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $55,364
27.1%
Assets/Debt
Total Assets $1,534,882
Total Liabilities $1,207,712
Net Assets $327,170

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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