TY 2014 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Information about Form 990-PF and its instructions is at www.irs.gov/form990pf.

OMB No. 1545-0052

2014

Open to Public Inspection

For calendar year 2014, or tax year beginning 2014, and ending , 20

Name of foundation
TAYLOR COMMUNITY

Number and street (or P.O. box number if mail is not delivered to street address)435 UNION AVENUE Room/suite

City or town, state or province, country, and ZIP or foreign postal code
LACONIA, NH03246

A Employer identification number

02-0222149

B Telephone number (see instructions)

(603) 524-5600

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address changeName change

D 1. Foreign organizations, check here ............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trustOther taxable private foundation

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$56,214,717J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

	Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).)	(a) Revenue and expenses per books		(b) Net investment income	(c) Adjusted net income	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach
	schedule)..............	456,418
2	Check
	Sch. B ...............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities......	177,587		177,587	177,587
5a	Gross rents..............	29,198			29,198
b	Net rental income or (loss) 27,850
6a	Net gain or (loss) from sale of assets not on line 10		857,850
b	Gross sales price for all assets on line 6a 4,304,540
7	Capital gain net income (from Part IV, line 2)...			857,850
8	Net short-term capital gain.........				0
9	Income modifications...........
10a	Gross sales less returns and allowances
b	Less: Cost of goods sold....
c	Gross profit or (loss) (attach schedule).....
11	Other income (attach schedule).......		9,185,929	0	9,185,929
12	Total. Add lines 1 through 11........	10,706,982		1,035,437	9,392,714
13	Compensation of officers, directors, trustees, etc.	417,673		0	417,673	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......
c	Other professional fees (attach schedule)....
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		1,348	0	1,348	0
19	Depreciation (attach schedule) and depletion...		1,911,456	0	1,911,456
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		9,304,726	0	7,062,237	2,242,489
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	11,635,203		0	9,392,714	2,242,489
25	Contributions, gifts, grants paid........	2,924				2,924
26	Total expenses and disbursements. Add lines 24 and 25	11,638,127		0	9,392,714	2,245,413
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-931,145
b	Net investment income (if negative, enter -0-)			1,035,437
c	Adjusted net income (if negative, enter -0-)...				0

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2014)

Form 990-PF (2014)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing...............	32,229	32,315	32,315
	2	Savings and temporary cash investments..........	3,323,772	1,193,889	1,193,889
	3	Accounts receivable 277,534
		Less: allowance for doubtful accounts	347,645	277,534	277,534
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable.................
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons (attach schedule) (see instructions).....
	7	Other notes and loans receivable (attach schedule) 184,964
		Less: allowance for doubtful accounts 0	74,183	184,964	184,964
	8	Inventories for sale or use...............	13,009	13,009	13,009
	9	Prepaid expenses and deferred charges...........	122,367	182,967	182,967
	10a	Investments—U.S. and state government obligations (attach schedule)	643,100	1,038,328	1,038,328
	b	Investments—corporate stock (attach schedule)........	2,685,980	2,593,652	2,593,652
	c	Investments—corporate bonds (attach schedule)........	317,678	791,896	791,896
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans..............
	13	Investments—other (attach schedule)...........	5,836,562	5,268,410	5,268,410
	14	Land, buildings, and equipment: basis 63,300,108
		Less: accumulated depreciation (attach schedule) 26,408,944	37,587,014	36,891,164	36,891,164
	15	Other assets (describe )	7,865,768	7,746,589	7,746,589
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	58,849,307	56,214,717	56,214,717
	17	Accounts payable and accrued expenses..........	837,526	1,558,798
	18	Grants payable..................
	19	Deferred revenue..................	20,750,958	22,858,750
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......	23,430,000	20,409,715
	22	Other liabilities (describe )	1,910,429	684,595
	23	Total liabilities (add lines 17 through 22)..........	46,928,913	45,511,858
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted...................	-2,651,065	-3,890,574
	25	Temporarily restricted................	6,210,874	6,106,398
	26	Permanently restricted................	8,360,585	8,487,035
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds.........
	28	Paid-in or capital surplus, or land, bldg., and equipment fund
	29	Retained earnings, accumulated income, endowment, or other funds
	30	Total net assets or fund balances (see instructions)......	11,920,394	10,702,859
	31	Total liabilities and net assets/fund balances (see instructions)..	58,849,307	56,214,717

Part III	Analysis of Changes in Net Assets or Fund Balances
1	Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
	with end-of-year figure reported on prior year’s return)...............	1	11,920,394
2	Enter amount from Part I, line 27a.....................	2	-931,145
3	Other increases not included in line 2 (itemize)	3	472,076
4	Add lines 1, 2, and 3..........................	4	11,461,325
5	Decreases not included in line 2 (itemize)	5	758,466
6	Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.	6	10,702,859

Form 990-PF (2014)

Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs. MLC Co.)		(b) How acquired P—Purchase D—Donation
1 a	SALE OF ASSETS HELD FOR SALE	P
b	SALE OF INVESTMENTS	P
c
d
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	433,943	545,502	-111,559
b	3,870,597	2,901,188	969,409
c
d
e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69			(l) Gains (Col. (h) gain minus col. (k), but not less than -0-) or Losses (from col.(h))
(i) F.M.V. as of 12/31/69	(j) Adjusted basis as of 12/31/69	(k) Excess of col. (i) over col. (j), if any
a			-111,559
b			969,409
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	857,850
3	Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
	If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . . . .		3	0

Part V

Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income

(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.

Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period? Yes No

If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.

1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a) Base period years Calendar year (or tax year beginning in)	(b) Adjusted qualifying distributions	(c) Net value of noncharitable-use assets	(d) Distribution ratio (col. (b) divided by col. (c))
2013
2012
2011
2010
2009

2	Total of line 1, column (d) ......................	2
3	Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years. . .	3
4	Enter the net value of noncharitable-use assets for 2014 from Part X, line 5.....	4
5	Multiply line 4 by line 3.......................	5
6	Enter 1% of net investment income (1% of Part I, line 27b)...........	6
7	Add lines 5 and 6.........................	7
8	Enter qualifying distributions from Part XII, line 4..............	8
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.

Form 990-PF (2014)

Page 4

Part VI

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)

1a	Exempt operating foundations described in section 4940(d)(2), check hereand enter “N/A" on line 1.
	Date of ruling or determination letter: 1985-12-09(attach copy of letter if necessary–see instructions)
b	Domestic foundations that meet the section 4940(e) requirements in Part V, check	1	N/A
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2
3	Add lines 1 and 2...........................	3
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	0
6	Credits/Payments:

a	2014 estimated tax payments and 2013 overpayment credited to 2014	6a
b	Exempt foreign organizations—tax withheld at source.......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	0
8	Enter any penalty for underpayment of estimated tax. Check hereif Form 2220 is attached.		8
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9	0
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10
11	Enter the amount of line 10 to be: Credited to 2015 estimated tax	Refunded	11

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see Instructions

for definition)?.................................

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials

published or distributed by the foundation in connection with the activities.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument?................

Yes

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),

and Part XV..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney

General (or designate) of each state as required by General Instruction G? If "No," attach explanation .

Yes

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)

or 4942(j)(5) for calendar year 2014 or the taxable year beginning in 2014 (see instructions for Part XIV)?

If "Yes," complete Part XIV.............................

Yes

Form 990-PF (2014)

Page 5

Part VII-A

Statements Regarding Activities (continued)

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the

meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had

advisory privileges? If "Yes," attach statement (see instructions).................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

WWW.TAYLORCOMMUNITY.ORG

The books are in care of bullet

ED SOUCY Telephone no. bullet

(603) 524-5600

Located at bullet

435 UNION AVENUELACONIANH ZIP+4 bullet

03246

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —Check here......... bullet

and enter the amount of tax-exempt interest received or accrued during the year ...... bullet

16 At any time during calendar year 2014, did the foundation have an interest in or a signature or other authority over YesNo

a bank, securities, or other financial account in a foreign country?

16 No

See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet

Form 990-PF (2014)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

Yes

During the year did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?........................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?.................YesNo

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period

after termination of government service, if terminating within 90 days.).........YesNo

If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance (see instructions)? ........

Organizations relying on a current notice regarding disaster assistance check here......... bullet

Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,

that were not corrected before the first day of the tax year beginning in 2014?.............

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private

operating foundation defined in section 4942(j)(3) or 4942(j)(5)):

At the end of tax year 2014, did the foundation have any undistributed income (lines 6d

and 6e, Part XIII) for tax year(s) beginning before 2014?...............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)

(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)

to all years listed, answer "No" and attach statement—see instructions.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?........................YesNo

If "Yes," did it have excess business holdings in 2014 as a result of (1) any purchase by the foundation

or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved

by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)

the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine

if the foundation had excess business holdings in 2014.)....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its

charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2014?

During the year did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?...............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? (see instructions)..................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?........YesNo

If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in

Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant?............YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.......................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

Form 990-PF (2014)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors

1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
(a) Name and address	(b) Title, and average hours per week devoted to position	(c) Compensation (If not paid, enter -0-)	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
ROBERT J SELIG	TRUSTEE, CEO 40.00	186,948	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE, CEO 40.00	186,948	0	0
H THOMAS VOLPE	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
ROBERT T SMITH	TRUSTEE, CHAIR 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE, CHAIR 2.00	0	0	0
FRANK TILTON	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
PAUL COTTON	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
BRADFORD COOK	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
ROD DYER	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
RONALD BAKER III	TRUSTEE, TREASURER 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE, TREASURER 2.00	0	0	0
NANCY CRUTCHER	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
WALTER FLINN	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
CARMEN LORENTZ	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
DAVID LAFFEY	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
ELIZABETH POMEROY	VP, HEALTH SERVICES & ORG 40.00	129,694	7,852	0
435 UNION AVENUE LACONIA,NH03246	VP, HEALTH SERVICES & ORG 40.00	129,694	7,852	0
DAVID LYNCH	TRUSTEE, VICE CHAIR 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE, VICE CHAIR 2.00	0	0	0
BARBARA WOOD	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
JANE MILLIGAN	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
DAVID PEARLMAN	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
ADRIENNE STEVENS	TRUSTEE 2.00	0	0	0
435 UNION AVENUE LACONIA,NH03246	TRUSTEE 2.00	0	0	0
EDMUND T SOUCY	VP, FINANCE 40.00	101,031	16,222	0
435 UNION AVENUE LACONIA,NH03246	VP, FINANCE 40.00	101,031	16,222	0

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
PAUL CHARLTON	DIRECTOR OF MARKETIN 40.00	74,114	16,222	0
435 UNION AVENUE LACONIA,NH03426	DIRECTOR OF MARKETIN 40.00	74,114	16,222	0
PAULETTE BEYER	DIRECTOR OF NURSING 40.00	70,680	11,955	0
435 UNION AVENUE LACONIA,NH03426	DIRECTOR OF NURSING 40.00	70,680	11,955	0
ELIOT DAVIS	HUMAN RESOURCE MANAG 40.00	66,462	11,955	0
435 UNION AVENUE LACONIA,NH03426	HUMAN RESOURCE MANAG 40.00	66,462	11,955	0
ROBERT S BERRY	DIRECTOR OF FACILITI 40.00	76,166	39	0
435 UNION AVENUE LACONIA,NH03426	DIRECTOR OF FACILITI 40.00	76,166	39	0
DANIEL F THEBERGE	DIRECTOR OF MAINTENA 40.00	64,669	611	0
435 UNION AVENUE LACONIA,NH03426	DIRECTOR OF MAINTENA 40.00	64,669	611	0
Total number of other employees paid over $50,000...................				9

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
HJ SIMS	DEBT REFINANCE	250,295
2150 POST ROAD FAIRFIELD,CT06824	DEBT REFINANCE	250,295
RETIRING BY DESIGN	MARKETING CONSULTANT	113,425
125 VILLAGE BOULEVARD SUITE 304 PRINCETON,NJ08540	MARKETING CONSULTANT	113,425
MAINSTAY TECHNOLOGIES	IT	73,629
201 DANIEL WEBSTER HIGHWAY BELMONT,NH03220	IT	73,629

Total number of others receiving over $50,000 for professional services............. bullet

Part IX-A

Summary of Direct Charitable Activities

List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.		Expenses
1	OPERATION AND MAINTENANCE OF 197 UNITS OF INDEPENDENT HOUSING AND 58 ASSISTED LIVING/NURSING UNITS TO PROVIDE HEALTH CARE MANAGEMENT AND LONG-TERM HEALTH CARE FOR ELDERLY PERSONS.	10,997,145
2


3


4

Form 990-PF (2014)

Page 8

Part IX-B

Summary of Program-Related Investments (see instructions)

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.		Amount
1


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

9,587,803

Average of monthly cash balances.......................

2,291,103

Fair market value of all other assets (see instructions)................

628,613

Total (add lines 1a, b, and c).........................

12,507,519

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

12,507,519

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

187,613

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

12,319,906

Minimum investment return. Enter 5% of line 5..................

615,995

Part XI

Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet

and do not complete this part.)

Minimum investment return from Part X, line 6....................

Tax on investment income for 2014 from Part VI, line 5......

Income tax for 2014. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

Distributable amount before adjustments. Subtract line 2c from line 1............

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

2,245,413

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

1,386,167

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

3,631,580

Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment

income. Enter 1% of Part I, line 27b (see instructions).................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

3,631,580

Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.

Form 990-PF (2014)

Page 9

Part XIII

Undistributed Income (see instructions)

		(a) Corpus	(b) Years prior to 2013	(c) 2013	(d) 2014
1 Distributable amount for 2014 from Part XI, line 7
2 Undistributed income, if any, as of the end of 2014:
a Enter amount for 2013 only.......
b Total for prior years:20, 20, 20
3 Excess distributions carryover, if any, to 2014:
a From 2009.......
b From 2010.......
c From 2011.......
d From 2012.......
e From 2013.......
fTotal of lines 3a through e.........
4Qualifying distributions for 2014 from Part
XII, line 4: $
a Applied to 2013, but not more than line 2a
b Applied to undistributed income of prior years (Election required—see instructions).....
c Treated as distributions out of corpus (Election required—see instructions).........
d Applied to 2014 distributable amount.....
e Remaining amount distributed out of corpus
5 Excess distributions carryover applied to 2014.
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5
b Prior years’ undistributed income. Subtract line 4b from line 2b ...........
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........
e Undistributed income for 2013. Subtract line 4a from line 2a. Taxable amount—see instructions .............
f Undistributed income for 2014. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2015 ..........
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......
8Excess distributions carryover from 2009 not applied on line 5 or line 7 (see instructions) ...
9Excess distributions carryover to 2015. Subtract lines 7 and 8 from line 6a ......
10 Analysis of line 9:
a Excess from 2010....
b Excess from 2011....
c Excess from 2012....
d Excess from 2013....
e Excess from 2014....

Form 990-PF (2014)

Page 10

Part XIV

Private Operating Foundations (see instructions and Part VII-A, question 9)

1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2014, enter the date of the ruling....... bullet

1985-12-09

b Check box to indicate whether the organization is a private operating foundation described in section4942(j)(3) or4942(j)(5)

2a Enter the lesser of the adjusted net income from Part I or the minimum investment return from Part X for each year listed ..........	Tax year	Prior 3 years			(e) Total
	(a) 2014	(b) 2013	(c) 2012	(d) 2011	(e) Total
	0	0	0	0	0
b 85% of line 2a .........	0	0	0	0	0
c Qualifying distributions from Part XII, line 4 for each year listed .....	3,631,580	1,838,874	1,494,364	1,909,999	8,874,817
d Amounts included in line 2c not used directly for active conduct of exempt activities ...........	0	0	0	0	0
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....	3,631,580	1,838,874	1,494,364	1,909,999	8,874,817
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......					0
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)					0
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...	410,663	393,141	378,577	372,487	1,554,868
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....					0
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....					0
(3) Largest amount of support from an exempt organization					0
(4) Gross investment income					0

Part XV

Supplementary Information (Complete this part only if the organization had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. (see instructions) to individuals or organizations under
other conditions, complete items 2a, b, c, and d.

aThe name, address, and telephone number or email address of the person to whom applications should be addressed:

bThe form in which applications should be submitted and information and materials they should include:

cAny submission deadlines:

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

Form 990-PF (2014)

Page 11

Part XV

Supplementary Information (continued)

3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient	If recipient is an individual, show any relationship to any foundation manager or substantial contributor	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
LACONIA POLICE ASSOCIATION 126 NEW SALEM STREET LACONIA,NH03246	N/A	PUBLIC CHARITY	SUPPORT OF CHARITABLE ORGANIZATION	200
ALL SAINTS EPISCOPAL CHURCH PO BOX 359 WOLFEBORO,NH03894	N/A	PUBLIC CHARITY	SUPPORT OF CHARITABLE ORGANIZATION	100
UP WITH PEOPLE 6830 BROADWAY UNIT A DENVER,CO80221	N/A	PUBLIC CHARITY	SUPPORT OF CHARITABLE ORGANIZATION	500
GRANITE UNITED WAY 22 CONCORD STREET 2ND FLOOR MANCHESTER,NH03101	N/A	PUBLIC CHARITY	SUPPORT OF CHARITABLE ORGANIZATION	2,124
Total ................................. 3a				2,924

bApproved for future payment

Total ................................. 3b				0

Form 990-PF (2014)

Page 12

Part XVI-A

Analysis of Income-Producing Activities

Enter gross amounts unless otherwise indicated.	Unrelated business income		Excluded by section 512, 513, or 514		(e) Related or exempt function income (See instructions.)
1Program service revenue:	(a) Business code	(b) Amount	(c) Exclusion code	(d) Amount	(e) Related or exempt function income (See instructions.)
aENTRANCE FEES					2,356,680
bPERIODIC RESIDENT INCOME					6,578,651
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ............
4 Dividends and interest from securities....			14	177,587
5 Net rental income or (loss) from real estate:
aDebt-financed property......
bNot debt-financed property.....			16	27,850
6 Net rental income or (loss) from personal property .............
7 Other investment income.....
8 Gain or (loss) from sales of assets other than inventory .............			18	857,850
9 Net income or (loss) from special events:
10 Gross profit or (loss) from sales of inventory..
11 Other revenue: aAUXILIARY INCOME			03	250,598
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e)..		0		1,313,885	8,935,331

13Total. Add line 12, columns (b), (d), and (e)..................

1310,249,216

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See instructions.)
1A-B	IT IS THE TAYLOR COMMUNITY'S MISSION TO PROVIDE AFFORDABLE HOUSING AND HEALTH CARE FOR THE ELDERLY. THE COMMUNITY IS RESPONSIBLE FOR ALL PROPERTY MAINTENANCE AND PROVIDES A 24-HOUR MEDICAL ALERT SYSTEM. THE COMMUNITY OFFERS RESIDENTS A COMPREHENSIVE PACKAGE OF IN-HOME SERVICES INCLUDING HEALTH CARE, ACTIVITIES, TRANSPORTATION AND SHOPPING ASSISTANCE. AT NO TIME DOES THE COMMUNITY TRANSFER TO ANY RESIDENT ANY INTEREST IN REAL PROPERTY. THE ENTRANCE FEES AND PERIODIC RESIDENT INCOME RECEIVED HELPS TO DEFRAY THE COST OF PROVIDING LIFE-TIME CARE TO ITS RESIDENTS.

Form 990-PF (2014)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political

Yes

organizations?

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line No.	(b) Amount involved	(c) Name of noncharitable exempt organization	(d) Description of transfers, transactions, and sharing arrangements

Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........YesNo

If "Yes," complete the following schedule.

(a) Name of organization	(b) Type of organization	(c) Description of relationship

Sign Here

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name Firm's address			Firm's EIN
				Phone no.

Form 990-PF (2014)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047

2014

Name of the organization

TAYLOR COMMUNITY

Employer identification number

02-0222149

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 2

Name of organization TAYLOR COMMUNITY

Part I	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
1	ALMIRA T CAMPBELL 8820 WALTHER BLVD APT 1614 BALTIMORE, MD21234	$10,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
2	VICKIE ROUTHIER 62 PLEASANT STREET LACONIA, NH03246	$5,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 3

Name of organization TAYLOR COMMUNITY

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Page 4

Name of organization
TAYLOR COMMUNITY

Employer identification number

02-0222149

Part III

Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

$
Use duplicate copies of Part III if additional space is needed.

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Additional Data

Software ID:
Software Version:

- TIN:

TY 2014 InvestmentsCorpBondsSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Name of Bond	End of Year Book Value	End of Year Fair Market Value
APPLE INC	26,233	26,233
BERKSHIRE HATHAWAY FINANCE	25,890	25,890
CHEVRON CORP 0922C	24,724	24,724
CME GROUP INC 1224C	20,098	20,098
COCA COLA CO	26,009	26,009
COLGATE PALMOLIVE CO	25,527	25,527
EXXON MOBIL CORP 0219C	25,271	25,271
GENERAL ELEC CAP CORP	35,064	35,064
GOOGLE INC	42,116	42,116
JOHNSON & JOHNSON	26,495	26,495
MERCK & CO INC 0622C	24,873	24,873
MICROSOFT CORP	26,337	26,337
PFIZER INC	25,914	25,914
PROCTER & GAMBLE CO	26,237	26,237
SAN DIEGO GAS & ELEC CO	26,043	26,043
TOYOTA MOTOR CREDIT CORP 2.1%	25,395	25,395
TOYOTA MOTOR CREDIT CORP 3.4%	26,701	26,701
WALMART STORES 3.25%	26,729	26,729
WALMART STORES INC 3.3%	26,296	26,296
3M CO	24,031	24,031
MICROSOFT CORP. 1.625%	50,259	50,259
BERKSHIRE HATHAWAY 0.800%	50,143	50,143
GENERAL ELECTRIC CAP CORP 5.625%	27,587	27,587
CHEVRON CORP. 1.104%	50,045	50,045
WAL-MART STORES INC. 1.950%	51,145	51,145
BARCLAYS BK PLC	26,734	26,734

- TIN:

TY 2014 InvestmentsCorpStockSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Name of Stock	End of Year Book Value	End of Year Fair Market Value
ABBOTT LABS	30,405	30,405
AETNA INC NEW	40,611	40,611
AFLAC INC	21,749	21,749
AMERICAN EXPRESS CO	29,818	29,818
APPLE INC	39,422	39,422
ARCHER DANIELS MIDLAND CO	27,373	27,373
AT&T INC	13,856	13,856
AUTOMATIC DATA PROCESSING IN	35,078	35,078
BRISTOL MYERS SQUIBB CO	35,370	35,370
COMCAST CORP CL A	32,923	32,923
CONOCOPHILLIPS	35,318	35,318
CORNING INC	31,290	31,290
COSTCO WHSL CORP NEW	32,902	32,902
DISNEY WALT CO	33,160	33,160
DOMINION RES INC VA NEW	28,672	28,672
DU POINT E I DE NEMOURS & CO	27,084	27,084
EXXON MOBIL CORP	37,132	37,132
GENERAL DYNAMICS CORPORATION	34,330	34,330
GENERAL ELEC CO	22,070	22,070
GOOGLE INC CLASS A	8,232	8,232
GOOGLE INC CLASS C	18,807	18,807
ILLINOIS TOOL WKS INC	33,221	33,221
INTERNATIONAL BUSINESS MACHS	12,847	12,847
JOHNSON & JOHNSON	33,232	33,232
KIMBERLY CLARK CORP	28,519	28,519
KROGER COMPANY COMMON	37,211	37,211
LOWES COS INC	18,248	18,248
MCDONALDS CORP	28,965	28,965
MICROCHIP TECHNOLOGY INC	34,312	34,312
MICROSOFT CORP	30,157	30,157
NIKE INC	35,088	35,088
NORFOLK SOUTHERN CORP	29,247	29,247
ORACLE CORP	29,007	29,007
PEPSICO INC	28,536	28,536
PHILLIPS 66	31,883	31,883
PUBLIC STORAGE INC	32,884	32,884
QUALCOMM INC	28,560	28,560
SPECTRA ENERGY CORP	31,104	31,104
STRYKER CORP	42,430	42,430
T ROWE PRICE GROUP INC	35,313	35,313
THE TRAVELERS COMPANIES INC	29,827	29,827
TJX CO INC	44,855	44,855
UNITED HEALTH GROUP INC	35,648	35,648
VERIZON COMM	21,185	21,185
WELLS FARGO & CO NEW	44,631	44,631
3M CO	38,316	38,316
AETNA INC NEW	14,962	14,962
AMERIPRISE FINL INC	18,541	18,541
APPLE INC	38,546	38,546
BAKER HUGHES INC	27,384	27,384
BALL CROP	42,504	42,504
BARD CR INC	28,152	28,152
BLACKROCK INCORPORATED CLASS A	31,299	31,299
BRINKER INTERNATIONAL INCORPORATED	18,217	18,217
CARDINAL HEALTH INC	18,723	18,723
CINTAS CORP	19,028	19,028
CISCO SYSTEMS	28,571	28,571
COACH INC	11,157	11,157
COMPUTER SCIENCES CORP	19,206	19,206
CONCOPHILLIPS	35,183	35,183
DR HORTON INC	19,253	19,253
DANAHER CORP	38,729	38,729
DICK'S SPORTING GOODS INCORPORATED	19,588	19,588
DOMINION RESOURCES INC	12,831	12,831
DR PEPPER SNAPPLE GROUP INCORPORATED	14,170	14,170
EAST WEST BANCORP INCORPORATED	22,446	22,446
EQUIFAX INC	31,599	31,599
EXXON MOBIL	39,841	39,841
GILEAD SCIENCES INC	22,012	22,012
HARRIS CORPORATION	22,226	22,226
INTEL CORP	28,579	28,579
INTERNATIONAL BUSINESS MACHINES CORP	14,217	14,217
JOHNSON & JOHNSON	32,339	32,339
JOHNSON CONTROLS INC	30,530	30,530
KIMBERLY CLARK CORP	30,494	30,494
KROGER CO	20,673	20,673
LOWES COS INC	18,454	18,454
MARATHON OIL CORP	24,849	24,849
MARATHON PETROLEUM CORPORATION	33,711	33,711
MARRIOTT INTL INC A	32,260	32,260
MARSH & MCLENNAN COS INC	22,296	22,296
MCKESSON CORPORATION	31,276	31,276
MICROSOFT CORP	34,194	34,194
NVR INCORPORATED	18,571	18,571
PEPSICO INC	26,824	26,824
SYSCO CORP	44,584	44,584
TOLL BROTHERS INCORPORATED	16,775	16,775
UNITED PARCEL SERVICE	29,857	29,857
UNITED TECHNOLOGIES	46,069	46,069
UNITEDHEALTH GROUP INC	23,728	23,728
VALERO ENERGY CORP NEW	9,673	9,673
WYNDHAM WORLDWIDE CORP	18,703	18,703

- TIN:

TY 2014 InvestmentsGovtObligationsSch

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

US Government Securities - End of Year Book Value:

839,065

US Government Securities - End of Year Fair Market Value:

839,065

State & Local Government Securities - End of Year Book Value:

199,263

State & Local Government Securities - End of Year Fair Market Value:

199,263

- TIN:

TY 2014 InvestmentsOtherSchedule2

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
VANGUARD FTSE ALL WORLD	FMV	90,086	90,086
VANGUARD MID CAP ETF	FMV	137,163	137,163
VANGUARD SMALL CAP ETF	FMV	152,476	152,476
VANGUARD TOTAL WORLD STOCK MARKET ETF	FMV	93,161	93,161
ARECELOMITTAL SA LUXEMBURG ADR	FMV	15,094	15,094
SIEMENS AG ADR	FMV	28,829	28,829
FEDERATED PRIME #853 P	FMV	7,697	7,697
FEDERATED PRIME #853 I	FMV	137,144	137,144
CASH	FMV	159	159
BLACKROCK INFL PROTECTED BOND FD #360 CL I	FMV	54,882	54,882
VANGUARD ADMIRAL GNMA #536	FMV	239,720	239,720
GOVERNMENT II MONEY MARKET FUND 033	FMV	174,996	174,996
FEDERATED TOTAL RETUN #328	FMV	480,630	480,630
BOND FUND INST #328	FMV	259	259
VANGUARD GNMA FUND ADMIRAL SHARES	FMV	968,007	968,007
VANGUARD ADMIRAL GNMA #536	FMV	146,832	146,832
VANGUARD TOTAL STOCK MARKET ETF	FMV	431,640	431,640
VANGUARD TOTAL INTERNATIONAL STOCK INDEX 569 ADM	FMV	29,223	29,223
VANGUARD TOTAL STOCK MARKET INDEX #585 ADMIRAL	FMV	267,316	267,316
VANGUARD TOTAL STOCK MKT IDX ADM	FMV	173,441	173,441
VANGUARD TOTAL INTL STOCK LX ADMIRAL	FMV	395,907	395,907
ISHARES CORE S&P SMALL- CAP ETF	FMV	37,822	37,822
ISHARES S&P MIDCAP 400 GROWTH INDEX	FMV	86,573	86,573
ISHARES S&P MIDCAP 400 VALUE IDX FD	FMV	83,944	83,944
ISHARES S&P SMALL CAP 600/VALUE	FMV	31,286	31,286
ISHARES S&P SMALLCAP 600/GRO IND FD	FMV	32,861	32,861
SPDR CONSUMER STAPLES SECTOR	FMV	25,878	25,878
SPDR ENERGY SECTOR	FMV	80,696	80,696
SPDR FINANCIAL SECTOR	FMV	59,698	59,698
SPDR - HEALTHCARE SECTOR	FMV	51,774	51,774
SPDR MATERIALS SECTOR	FMV	14,471	14,471
SPDR TECHNOLOGY SECTOR	FMV	50,372	50,372
INTER-TERM CORP BND LX AD	FMV	300,522	300,522
ISHARES INC MSCI FRANCE INDEX FD	FMV	39,817	39,817
ISHARES MSCI AUSTRALIA INDEX FD	FMV	43,515	43,515
ISHARES EMERGING MKTS INDEX FD	FMV	26,543	26,543
ISHARES MSCI GERMANY INDEX	FMV	48,221	48,221
ISHARES MSCI HONG KONG INDEX FUND	FMV	25,384	25,384
ISHARES MSCI ITALY CAPPED INDEX FUND	FMV	9,437	9,437
ISHARES MSCI JAPAN INDEX FUND	FMV	54,025	54,025
ISHARES MSCI NETHERLANDS INV MKT IND	FMV	9,112	9,112
ISHARES MSCI SOUTH AFRICA IDX	FMV	17,319	17,319
ISHARES MSCI SPAIN CAPPED INDEX FUND	FMV	9,914	9,914
ISHARES MSCI SWEDEN INDEX FUND	FMV	13,302	13,302
ISHARES MSCI SWITZERLAND CPD IDX FD	FMV	16,614	16,614
ISHARES MSCI UNITED KINGDOM INDEX	FMV	43,722	43,722
SPDR S&P CHINA ETF	FMV	30,926	30,926

- TIN:

TY 2014 LandEtcSchedule2

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Category / Item	Cost / Other Basis	Accumulated Depreciation	Book Value	End of Year Fair Market Value
LAND & IMPROVEMENTS	4,315,130	379,277	3,935,853	3,935,853
BUILDINGS & IMPROVEMENTS	52,871,360	21,899,307	30,972,053	30,972,053
FURNISHINGS & EQUIPMENT	6,113,618	4,130,360	1,983,258	1,983,258

- TIN:

TY 2014 OtherAssetsSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LOAN ORIGINATION FEES, LESS ACCUMULATED AMORTIZATION	276,654	247,673	247,673
TRUST FUNDS HELD BY OTHERS	7,372,466	7,498,916	7,498,916
ASSETS HELD FOR SALE	216,648	0	0

- TIN:

TY 2014 OtherDecreasesSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Amount

- TIN:

TY 2014 OtherExpensesSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Revenue and Expenses per Books	Adjusted Net Income	Disbursements for Charitable Purposes
NURSING & ASSISTED LIVING	3,028,858	3,028,858	0
CARE MANAGEMENT	1,196,513	527,089	669,424
RESIDENT ACTIVITIES	194,765	194,765	0
DIETARY	1,054,927	1,054,927	0
BEAUTY SHOP	52,198	52,198	0
HOUSEKEEPING	319,585	319,585	0
MAINTENANCE	1,311,736	200,000	1,111,736
GROUNDS	541,549	541,549	0
ADMINISTRATION	1,143,266	1,143,266	0
MUNICIPAL PAYMENTS	380,620	0	380,620
NURSING FACILITY QUALITY ASSESSMENT	80,709	0	80,709

- TIN:

TY 2014 OtherIncomeSchedule2

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Revenue And Expenses Per Books	Adjusted Net Income
ENTRANCE FEES	2,356,680	2,356,680
PERIODIC RESIDENT INCOME	6,578,651	6,578,651
AUXILIARY INCOME	250,598	250,598

- TIN:

TY 2014 OtherIncreasesSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Amount

- TIN:

TY 2014 OtherLiabilitiesSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Description	Beginning of Year - Book Value	End of Year - Book Value
DEPOSITS ON ENTRANCE FEES	378,272	322,052
ANNUITIES PAYABLE	170,889	145,598
INTEREST RATE SWAP CONTRACT	635,323	58,697
NURSING FACILITY QUALITY ASSESSMENT PAYABLE	233,888	153,698
DEFERRED COMPENSATION	9,099	4,550
LINE OF CREDIT	482,958	0

- TIN:

TY 2014 TaxesSchedule

Name:

TAYLOR COMMUNITY

EIN: 02-0222149

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
REAL ESTATE TAXES	1,348	0	1,348	0