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Nonprofit · EIN 04-2984542

SOUTHCOAST LONG-TERM CARE PROPERTIES INC

Tax-exempt · NEW BEDFORD, MA 02740

Financials

$0$02022$0$02023$953K$722K2024
Revenue Expenses · by fiscal year end
Financials of SOUTHCOAST LONG-TERM CARE PROPERTIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$953,152$721,833$231,319$28,468,118$28,236,799$231,319
September 30, 2024990-EZ$0$0$0$0$0$0
September 30, 2023990-EZ$0$0$0$0$0$0
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$953,045
Investment income
$107
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$35
Occupancy
$39,240
Depreciation
$315,625
Program services (functional)
$721,513
Management and general (functional)
$320

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$28,468,118
Total liabilities, end of year
$28,236,799
Net assets, end of year
$231,319
Land, buildings and equipment
$23,434,375
Net assets without donor restrictions
$231,319
Gross receipts
$953,152
Employees
0
Volunteers
4
Year formed
1987
State of legal domicile
MA

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID MCCREADYEX-OFFICIO, PRESIDENT
Trustee or director, Officer
3.5$0$1,594,229$204,389
RAYFORD KRUGER MDFORMER PRESIDENT & CEO
Former
0$0$1,316,776$32,290
WADE BROUGHMANTREASURER/ EVP & CFO (UNTIL 12/24)
Trustee or director, Officer
2.5$0$1,093,225$40,272
PATRICIA BUIOCCHITRUSTEE (12/24 - 7/25)
Trustee or director
1.5$0$532,144$25,870
MICHAEL BUSHELLTREASURER (A/O 1/25)/ EVP & CFO
Officer
2.5$0$174,309$30,054
DONALD GIUMETTICHAIR
Trustee or director, Officer
2.5$0$0$0
JASON RUAVICE CHAIR
Trustee or director, Officer
2.5$0$0$0
LOUIS CABRALSECRETARY/CLERK
Trustee or director, Officer
2.5$0$0$0
ANDREA GREENWOOD-SYRONTRUSTEE
Trustee or director
1.5$0$0$0
990-EZ for the year ended September 30, 2024: 7 people
NameTitleHours / weekCompensation
RAYFORD KRUGERPRESIDENT & CEO, EX-OFFICIO (UNTIL 1/2024)0$0
WADE BROUGHMANTREASURER/ EVP FIN & CFO SHS0$0
LOUIS CABRALSECRETARY/CLERK0$0
DONALD GIUMETTICHAIR0$0
JASON RUAVICE CHAIR0$0
ANDREA GREENWOOD-SYRONTRUSTEE0$0
DAVID MCCREADYEX-OFFICIO, PRESIDENT & CEO (AS OF 1/2024)0$0
990-EZ for the year ended September 30, 2023: 21 people
NameTitleHours / weekCompensation
RAYFORD KRUGERPRESIDENT & CEO, EX-OFFICIO0$0
WADE BROUGHMANTREASURER/ EVP FIN & CFO SHS0$0
LOUIS CABRALCHAIR(UNTIL 12/22), SECRETARY/CLERK (AS OF 4/23)0$0
DONALD GIUMETTIVICE CHAIR (UNTIL 12/22), CHAIR (AS OF 1/23)0$0
JAMES JEROME COOGANCLERK (UNTIL 4/23)0$0
JASON RUATRUSTEE (UNTIL 4/23), VICE CHAIR (AS OF 4/23)0$0
ANDREA GREENWOOD-SYRONTRUSTEE (AS OF 4/23)0$0
RENEE CLARKASST. CLERK(UNTIL 4/23)/ EVP & COO SHG0$0
CARMEN SYLVESTERTRUSTEE (UNTIL 4/23)0$0
ANA LAUSTRUSTEE (UNTIL 12/22)0$0
SALMAN BASHIR MDTRUSTEE (UNTIL 4/23)0$0
JONATHAN L ROUNDSTRUSTEE (UNTIL 4/23)0$0
HEIDI A KOSTINTRUSTEE (UNTIL 4/23)0$0
DENNIS FUSCOTRUSTEE (UNTIL 4/23)0$0
JAY S SCHACHNE MDTRUSTEE (UNTIL 4/23)0$0
ILANA FEINERMAN MDTRUSTEE (UNTIL 4/23)0$0
W HUGH MORTONTRUSTEE (UNTIL 4/23)0$0
HELENA DASILVA HUGHESTRUSTEE (UNTIL 4/23)0$0
ELIZABETH HUIDEKOPERTRUSTEE (UNTIL 4/23)0$0
CHRISTOPHER HODGSONTRUSTEE (UNTIL 4/23)0$0
ROBERT RONAN MDTRUSTEE (1/2023-4/2023)0$0

Address and contacts

Address (IRS master file)
101 PAGE ST, NEW BEDFORD, MA 02740-3464
In care of
% ACCOUNTING DEPT
Principal officer (990 for 2024)
DAVID MCCREADY, 101 PAGE STREET, NEW BEDFORD, MA 02740
Signed the 990
MICHAEL BUSHELL, EVP FINANCE & CFO
Phone
(508) 973-2905
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO BENEFIT, PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF SOUTHCOAST LONG-TERM CARE SERVICES, INC., A MASSACHUSETTS NON-PROFIT ORGANIZATION, BY OWNING AND OPERATING REAL PROPERTY AND A HEALTH CARE FACILITY USED BY SOUTHCOAST LONG-TERM CARE SERVICES, INC. FOR A LONG-TERM CARE BUSINESS PROVIDING HEALTH CARE SERVICES TO PATIENTS IN THE SOUTHCOAST HEALTH SERVICE AREA, AND SERVICES RELATED THERETO.

990 for the year ended September 30, 2025

Program accomplishments

  • LEASING SERVICES - OWNS AND LEASES A 142-BED RELATED NON-PROFIT NURSING FACILITY KNOWN AS ALDEN COURT NURSING CARE & REHABILITATION CENTER TO SOUTHCOAST LONG-TERM CARE SERVICES, INC., A RELATED ENTITY.
    Expenses $721,513 · revenue $953,045

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990-EZ on file

IRS record

EIN
04-2984542
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
1995
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E91Z)
Assets (IRS master file)
$28,468,118
Income (IRS master file)
$953,152

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$953,152$721,833$28,468,118XML
990-EZSeptember 2024$0$0$0XML
990-EZSeptember 2023$0$0$0XML
990-EZSeptember 2022–––IRS
990-EZSeptember 2021–––IRS
990-EZSeptember 2020–––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 04-2984542).

Questions about SOUTHCOAST LONG-TERM CARE PROPERTIES INC

What is the EIN of SOUTHCOAST LONG-TERM CARE PROPERTIES INC?
The employer identification number (EIN) of SOUTHCOAST LONG-TERM CARE PROPERTIES INC is 04-2984542.
Is SOUTHCOAST LONG-TERM CARE PROPERTIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to SOUTHCOAST LONG-TERM CARE PROPERTIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTHCOAST LONG-TERM CARE PROPERTIES 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 SOUTHCOAST LONG-TERM CARE PROPERTIES INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SOUTHCOAST LONG-TERM CARE PROPERTIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of SOUTHCOAST LONG-TERM CARE PROPERTIES INC?
The 990 for the year ended September 30, 2025 names DAVID MCCREADY.
Who are the officers and directors of SOUTHCOAST LONG-TERM CARE PROPERTIES INC?
The 990 for the year ended September 30, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does SOUTHCOAST LONG-TERM CARE PROPERTIES INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $953,152, expenses of $721,833 and total assets of $28,468,118 at year end.

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