2024-10-24T14:32:24-04:00 2023-12-31 931235599 KUENZI & COMPANY LLC 650 HAWTHORNE AVE SE STE 110 SALEM OR 97301 990 2023-01-01 930391641 TURNER RETIREMENT HOMES INC TURN 5037432490 PO BOX 970 TURNER OR 97392 TIMOTHY LONG EXECUTIVE DIRECTOR 5037432490 2024-10-24 true true ADEN L KUENZI P00443475 5033997306 2024-10-24 X 2023 2024-10-15 13:58:12Z SHERI WOOD 401 SE NEAL LN MYRTLE CREEK OR 97457 1540301 false X WWW.TRHOMES.ORG X 1935 OR TO ASSIST CHRISTIAN CONGREGATIONS IN PROVIDING A PLACE FOR THEIR RETIRED PERSONS WHERE THEIR SPIRITUAL, PHYSICAL AND FINANCIAL NEEDS CAN BE MET. 5 5 15 0 292128 299142 1286229 999131 290473 4496 50259 76755 1919089 1379524 0 0 1084934 593608 0 0 1028440 1005706 2113374 1599314 -194285 -219790 5298469 5093521 967210 942460 4331259 4151061 TO ASSIST CHRISTIAN CONGREGATIONS IN PROVIDING A PLACE FOR THEIR RETIRED PERSONS WHERE THEIR SPIRITUAL, PHYSICAL, AND FINANCIAL NEEDS CAN BE MET. false false 1118624 999131 TURNER RETIREMENT HOMES (TRH) IS MORE THAN A RETIREMENT COMMUNITY; IT IS A NEIGHBORHOOD OF HOMES, A PLACE WHERE RETIREES CAN LIVE AFFORDABLY, ALONGSIDE FRIENDLY LIKEMINDED NEIGHBORS AND RECEIVE LOVING CARE IN HAPPY SURROUNDINGS AS THEY GROW OLDER. TURNER RETIREMENT HOMES STRIVES TO PROVIDE BOTH PHYSICAL AND SPIRITUAL CARE FOR RETIRED INDIVIDUALS. 1118624 true true false false false false false false false true true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 15 true false false false false false false false false false false false false X 5 5 false false false false false false false true true false false false false true false false false false OR X TURNER RETIREMENT HOMES INC 5037432490 5405 BOISE ST TURNER OR 97392 X TIMOTHY LONG EXECUTIVE DI 40.00 X 104916 0 0 DOUG EDWARDS VICE PRESIDE X X 0 0 0 SETH MORLEY TRUSTEE X 0 0 0 JON REMY SECRETARY X X 0 0 0 STEVE VINCENT TRUSTEE X 0 0 0 SHERI WOOD PRESIDENT X X 0 0 0 104916 1 false false false 299142 6144 299142 RESIDENT INCOME 721310 999131 999131 999131 17043 17043 147639 591 160777 -13138 591 -12547 -12547 CHANGE IN SPLIT INTEREST 53774 53774 SAIF DIVIDEND 16799 16799 RENT INCOME 4680 4680 1502 1502 76755 1379524 4496 1075886 482094 299047 183047 77667 34889 42778 33847 25955 7892 1630 937 693 3650 650 3000 8142 3736 4406 7741 2055 5686 139432 120429 19003 2611 1842 769 313781 313781 104428 25324 79104 REPAIRS AND MAINTENANCE 213627 210350 3277 PROPERTY TAXES 129128 14609 114519 FOOD SERVICES 36652 35113 1539 SUBCONTRACTED LABOR 17694 16794 900 27190 13113 14077 1599314 1118624 480690 0 40647 29411 378180 209315 1317 890 92421 165631 12686774 8391090 4426391 4295684 197513 229898 162000 162692 5298469 5093521 4291 14112 962919 928348 967210 942460 X 4240572 4040184 90687 110877 4331259 4151061 5298469 5093521 -219790 39592 X false false false X 138118 189555 500393 273268 299142 1400476 138118 189555 500393 273268 299142 1400476 467372 933104 14135 10704 8517 15733 17043 66132 8335 10323 4037 4176 22981 49852 1516460 6848044 0.61530 0.62490 X PART II, LINE 10 MISCELLANEOUS EXEMPT RECEIPTS 49,852 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197513 1145 32277 1037 229898 123871 112389 -37842 905 197513 123231 640 11 123871 1.00000 false false 230782 230782 11805629 7752925 4052704 151376 139178 12198 498987 498987 4295684 POST RETIREMENT OBLIGATION 390619 LIFE LEASE DEFERRED REVENUE 330598 ACCRUED LIABILITIES 195647 CUSTOMER DEPOSITS 11484 928348 SCHEDULE D, PAGE 2, PART V, LINE 4 THE TURNER RETIREMENT HOMES ENDOWMENT (THE "FUND") IS A FUND FUNCTIONING AS A QUASI-ENDOWMENT, AND COMPRISES RESOURCES THE ORGANIZATION'S BOARD OF TRUSTEES ("TRUSTEES"), RATHER THAN A DONOR, HAS DETERMINED TO BE RETAINED AND MANAGED AS AN ENDOWMENT. THE FUND IS NOT A PERMANENT ENDOWMENT BUT IS CONSIDERED MEDIUM- TO LONG-TERM INVESTMENT MECHANISM. ASSETS ARE ASSIGNED TO THE FUND PER APPROVAL OF THE ORGANIZATION'S BOARD. THE ORGANIZATION MAY SPEND EARNINGS OF THE FUND FOR THE FOLLOWING PURPOSES: (1) BENEVOLENCE, (2) PROPERTY NEEDS (INCLUDING NEW BUILDING AND MAINTENANCE OF EXISTING STRUCTURES) AND (3) OPERATIONS. A BUDGET AND DETAILED RATIONALE FOR ALLOCATION OF THE ANNUAL EARNINGS WILL BE RECOMMENDED BY THE FINANCE COMMITTEE TO THE ORGANIZATION'S BOARD OF TRUSTEES FOR APPROVAL. IT IS NOT THE INTENTION OF THE ORGANIZATION TO SPEND THE PRINCIPAL OF THIS FUND. FORM 990, PAGE 6, PART VI, LINE 11B DRAFT OF FORM 990 IS PROVIDED TO ADMINISTRATOR BEFORE FILING. EXECUTIVE DIRECTOR ADDRESSES ANY SIGNIFICANT ISSUES WITH GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO PUBLIC