Life Care Centers Of America Inc Associate Benefit Trust

Cleveland, TN
Tax-exempt since Sept. 2006
EIN: 58-1403006

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Type of Nonprofit

Designated as a 501(c)(9) Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Category: Mutual/Membership Benefit Organizations, Other / Voluntary Employees Beneficiary Associations (Non-Government) (NTEE)

Donations to this organization are not tax deductible.

Revenue

$137M (2022)

Expenses

$140M (2022)

Total Assets

$23.7M (2022)

Total Liabilities

$12.1M (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings 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.

Fiscal Year Ending Dec.
2022

Revenue

$137,373,217

Expenses

$140,289,790

Net Income

-$2,916,573

Net Assets

$11,535,320

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$137,310,738	100.0%
Investment Income	$62,479	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$480,523	0.3%

Assets/Debt
Total Assets	$23,670,805
Total Liabilities	$12,135,485
Net Assets	$11,535,320

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0

990

Filed on Sept. 28, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2021

Revenue

$139,206,267

Expenses

$149,929,225

Net Income

-$10,722,958

Net Assets

$14,051,893

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$139,144,125	100.0%
Investment Income	$62,142	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$446,111	0.3%

Assets/Debt
Total Assets	$26,791,451
Total Liabilities	$12,739,558
Net Assets	$14,051,893

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0

990

Filed on Nov. 11, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$153,163,240

Expenses

$160,139,307

Net Income

-$6,976,067

Net Assets

$25,827,851

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$152,902,165	99.8%
Investment Income	$261,075	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$377,962	0.2%

Assets/Debt
Total Assets	$39,980,496
Total Liabilities	$14,152,645
Net Assets	$25,827,851

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Sept. 8, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$159,767,762

Expenses

$149,896,052

Net Income

$9,871,710

Net Assets

$32,894,918

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$159,290,118	99.7%
Investment Income	$477,644	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$371,537	0.2%

Assets/Debt
Total Assets	$45,370,946
Total Liabilities	$12,476,028
Net Assets	$32,894,918

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$159,003,397

Expenses

$163,315,294

Net Income

-$4,311,897

Net Assets

$21,995,208

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$158,738,833	99.8%
Investment Income	$264,564	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$351,217	0.2%

Assets/Debt
Total Assets	$36,890,252
Total Liabilities	$14,895,044
Net Assets	$21,995,208

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Oct. 31, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$163,555,627

Expenses

$161,208,563

Net Income

$2,347,064

Net Assets

$26,589,105

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$163,441,262	99.9%
Investment Income	$114,365	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$38,733,724
Total Liabilities	$12,144,619
Net Assets	$26,589,105

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Sept. 26, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$155,623,428

Expenses

$161,960,673

Net Income

-$6,337,245

Net Assets

$24,918,041

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$155,500,111	99.9%
Investment Income	$123,317	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$37,178,345
Total Liabilities	$12,260,304
Net Assets	$24,918,041

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on July 31, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$153,704,074

Expenses

$159,965,791

Net Income

-$6,261,717

Net Assets

$30,847,816

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$153,587,092	99.9%
Investment Income	$116,982	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$43,721,792
Total Liabilities	$12,873,976
Net Assets	$30,847,816

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Stephen Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Aug. 3, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$156,837,093

Expenses

$154,303,151

Net Income

$2,533,942

Net Assets

$37,820,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$156,706,956	99.9%
Investment Income	$130,137	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$50,847,553
Total Liabilities	$13,026,871
Net Assets	$37,820,682

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Steve Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on Aug. 17, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$134,180,789

Expenses

$132,883,794

Net Income

$1,296,995

Net Assets

$32,926,779

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$134,072,554	99.9%
Investment Income	$98,235	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$10,000	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$47,599,474
Total Liabilities	$14,672,695
Net Assets	$32,926,779

Compensation

Key Employees and Officers	Compensation	Related	Other
Forrest L Preston (Trustee)	$0	$0	$0
J Steve Ziegler (Trustee)	$0	$0	$0
Beecher Hunter (Trustee)	$0	$0	$0

990

Filed on June 20, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

$136,061,607

Expenses

$129,617,982

Net Income

$6,443,625

Net Assets

$31,474,066

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$135,939,530	99.9%
Investment Income	$122,077	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$45,161,197
Total Liabilities	$13,687,131
Net Assets	$31,474,066

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$137,541,412

Expenses

$124,247,911

Net Income

$13,293,501

Net Assets

$25,593,441

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$137,311,325	99.8%
Investment Income	$204,337	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$25,750	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$38,582,267
Total Liabilities	$12,988,826
Net Assets	$25,593,441

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Updated October 30, 2024

Life Care Centers Of America Inc Associate Benefit Trust

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $137M (2022)

Expenses $140M (2022)

Total Assets $23.7M (2022)

Total Liabilities $12.1M (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Revenue

$137M (2022)

Expenses

$140M (2022)

Total Assets

$23.7M (2022)

Total Liabilities

$12.1M (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004