2026-05-14T13:58:04-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-07-01 010729134 THE OAKS AT BARTLETT OAKS 6303721983 827 CARILLON DRIVE BARTLETT IL 60103 ALICE MARIE CLARK DANKS CFO 6303721983 2026-05-13 1 0 CHAD D KUNZE CPA P00639380 6305738600 2026-05-13 2024 2025-03-06 01:10:19Z ALICE MARIE CLARK DANKS 825 CARILLON DRIVE BARTLETT IL 60103 31357006 0 X WWW.THEOAKSATBARTLETT.COM X 2002 IL THE OAKS AT BARTLETT FORMERLY OPERATED A LIFE PLAN SENIOR LIVING COMMUNITY IN BARTLETT, ILLINOIS. THE ORGANIZATION CEASED SUBSTANTIALLY ALL OPERATING ACTIVITIES IN DECEMBER 2024 AND IS CURRENTLY ADMINISTERING REMAINING WIND-DOWN, TRANSITION, RESIDENT OBLIGATION, AND ADMINISTRATIVE MATTERS. X 4 4 329 0 0 0 6839 1248824 18551329 8057275 50837 20732376 0 0 18609005 30038475 0 0 0 0 10092442 4840447 0 0 0 13952659 6606053 24045101 11446500 -5436096 18591975 25476098 4621079 115571893 3319216 -90095795 1301863 X THE OAKS AT BARTLETT, A LIFE PLAN COMMUNITY, EXISTED TO NOURISH, CELEBRATE AND ENHANCE THE MIND, BODY AND SPIRIT. THE ORGANIZATION CEASED SUBSTANTIALLY ALL OPERATIONS EFFECTIVE DECEMBER 2024. MANAGEMENT AND THE RECEIVER CONTINUE TO OVERSEE WIND-DOWN ACTIVITIES, INCLUDING DISPOSITION AND SETTLEMENT OF REMAINING OPERATIONAL, FINANCIAL, CONTRACTUAL, AND RESIDENT-RELATED MATTERS. 0 1 10401503 28449770 PRIOR TO CESSATION OF OPERATIONS IN DECEMBER 2024, THE OAKS AT BARTLETT OPERATED A LIFE PLAN COMMUNITY PROVIDING HOUSING, HEALTHCARE, REHABILITATION, ASSISTED LIVING, MEMORY SUPPORT, SKILLED NURSING, DINING, WELLNESS, MAINTENANCE, HOUSEKEEPING, TRANSPORTATION, AND RELATED SUPPORTIVE SERVICES FOR SENIORS AGE 62 AND OLDER. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE ORGANIZATION OPERATED 164 INDEPENDENT LIVING RESIDENCES, 49 ASSISTED LIVING SUITES, 16 MEMORY SUPPORT SUITES, AND 60 SKILLED NURSING ROOMS.DURING THE YEAR ENDED JUNE 30, 2025, THE ORGANIZATION CEASED SUBSTANTIALLY ALL COMMUNITY OPERATIONS AND TRANSITIONED RESIDENTS AND SERVICES IN ACCORDANCE WITH REGULATORY AND CONTRACTUAL REQUIREMENTS. 10401503 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 49 0 329 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X BEVERLY CARINO 6303721983 825 CARILLON DRIVE BARTLETT IL 60103 JAMES NUGENT CHAIR (THROUGH AUGUST 2024) 3.00 X X 0 0 0 JULIE BOGGESS CHAIR (THROUGH APRIL 2024) 3.00 X X 0 0 0 ED CLANCY SECRETARY (THROUGH AUGUST 2024) 3.00 X 0 0 0 DAVID CAMPBELL TREASURER OF THE BOARD (THROUGH AUGUST 2024) 0.00 X X 0 0 0 JOAN PETERSON EXECUTIVE DIRECTOR (THROUGH 12/13/24) 40.00 X 183750 0 0 DALJEET S BRAR DIRECTOR OF NURSING SERVICES (THROUGH 12/13/24) 40.00 X 157180 0 0 ANGEL H AGUILAR HEALTH CENTER ADMINISTRATO (THROUGH 12/13/24) 40.00 X 151132 0 0 TAMMETTE HOLZER DIRECTOR OF SALES AND MARK (THROUGH 12/13/24) 40.00 X 137903 0 0 BRENDA R CASTANOS REGISTERED NURSE (THROUGH 12/13/24) 40.00 X 125499 0 0 JACQUES EDOUARD JEAN LOUIS LPN/LVN - AL (THROUGH 12/13/24) 40.00 X 110838 0 0 MA LOURDES CASTOR DOMINGO REGISTERED NURSE (THROUGH 12/13/24) 40.00 X 114598 0 0 NALUCHA SITALI LPN/LVN - AL (THROUGH 12/13/24) 40.00 X 108257 0 0 IAN E SANTIAGO REGISTERED NURSE (THROUGH 12/13/24) 40.00 X 109836 0 0 1198993 0 0 12 0 1 0 SYMBRIA REHAB INC 28100 TORCH PKWY 600 WARRENVILLE IL 60555 REHAB SERVICES 1162180 HEALTH CARE SERVICE CORPORATION POBOX 650615 DALLAS TX 75265 INSURANCE SERVICES 726275 CERTUS BARTLETT MANAGEMENT LLC 601 CARLSON PARKWAY SUITE 1140 MINNETONKA MN 55305 MANAGEMENT SERVICES 712281 TRINITY RISK SOLUTIONS PO BOX 0848 AURORA IL 60507 INSURANCE SERVICES 445760 US FOODS 3682 COLLECTION CENTER DRIVE CHICAGO IL 60693 FOOD SERVICES 420999 14 1248824 1248824 RESIDENT SERVICES 623000 7933530 7933530 ENTRANCE FEE AMORTIZATION 623000 123745 123745 8057275 339881 339881 21711026 1318531 20392495 20392495 20392495 30038475 28449770 0 339881 4267214 4022049 245165 304017 286550 17467 269216 243609 25607 381624 381624 60260 60260 754711 754711 31404 31404 320194 19673 300521 98127 98127 459298 459298 5847 1560 4287 2268 2268 1516503 1516503 794698 794698 1068947 1027632 41315 THERAPY 502264 502264 MISCELLANEOUS 418244 3146 415098 FOOD 295813 295813 SUPPLIES AND AGENCY 167866 167866 -272015 303863 -575878 11446500 10401503 1044997 0 267758 1862787 753711 192554 51264 53832 1468635 450000 0 17463560 724957 2115738 4692381 0 25476098 4621079 9642370 32754 50655348 2590000 55274175 696462 115571893 3319216 X -90095795 1301863 -90095795 1301863 25476098 4621079 X 18591975 72805683 X 0 0 0 X 320584 6839 1248824 1576247 12773248 12611314 17390009 18045918 7933530 68754019 12773248 12931898 17390009 18052757 9182354 70330266 0 0 0 70330266 759 1298 30010 50837 33988 116892 759 1298 30010 50837 33988 116892 502123 622746 456491 454574 123745 2159679 13276130 13555942 17876510 18558168 9340087 72606837 0.96860 0.95900 0.00160 0.00110 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER CHARGES AND MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 502,123. 2021 AMOUNT: $ 622,746. 2022 AMOUNT: $ 456,491. 2023 AMOUNT: $ 454,574. 2024 AMOUNT: $ 123,745. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO BUYER 696462 696462 X 0 0 0 0 0 0 0 0 0 JOAN PETERSON EXECUTIVE DIRECTOR (THROUGH 12/13/24 183750 0 0 0 0 0 0 0 0 0 183750 0 0 0 DALJEET S BRAR DIRECTOR OF NURSING SERVICES (THROUG 157180 0 0 0 0 0 0 0 0 0 157180 0 0 0 ANGEL H AGUILAR HEALTH CENTER ADMINISTRATO (THROUGH 151132 0 0 0 0 0 0 0 0 0 151132 0 0 0 PART I, LINE 3 ON AN ANNUAL BASIS, THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND ADJUSTMENT DETERMINED BY THE BOARD. SALE OF ORGANIZATION INCLUDING PPE AND DEBT 2024-12-13 42000000 SALE WAS COORDINATED BY CONTINUUM ADVISORS, MARKETED TO HUNDREDS OF QUALIFIED BUYERS AND SOLD WITH RECEIVER APPROVAL TO THE HIGHEST BIDDER. 334750919 FFII CARILLON OWNER LLC 200 W MADISON ST SUITE 2650 CHICAGO IL 60606 LLC 0 0 0 0 FORM 990 SCHEDULE N, PART II LINE 1 IN DECEMBER 2024, THE ORGANIZATION CEASED SUBSTANTIALLY ALL OPERATING ACTIVITIES ASSOCIATED WITH ITS CONTINUING CARE RETIREMENT COMMUNITY LOCATED IN BARTLETT, ILLINOIS. THE ORGANIZATION IS EVALUATING AND ADMINISTERING REMAINING WIND-DOWN ACTIVITIES, INCLUDING SETTLEMENT OF LIABILITIES, CONTRACTUAL OBLIGATIONS, RESIDENT-RELATED MATTERS, AND DISPOSITION OR TRANSITION OF REMAINING ASSETS AND OPERATIONS, AS APPLICABLE. FORM 990, PART III, LINE 3 DUE TO THE SALE IN DECEMBER 2024, THE ORGANIZATION CEASED OPERATING ITS SENIOR LIVING COMMUNITY OPERATIONS, INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING ACTIVITIES. FOLLOWING CESSATION OF OPERATIONS, THE ORGANIZATION RETAINED LIMITED ADMINISTRATIVE FUNCTIONS RELATED TO WIND-DOWN ACTIVITIES, CREDITOR OBLIGATIONS, RESIDENT MATTERS, RECORDS RETENTION, AND OTHER POST-CLOSURE ACTIVITIES. THE ORGANIZATION CONTINUES UNDER COURT-SUPERVISED RECEIVERSHIP OVERSIGHT DURING THE WIND-DOWN AND TRANSITION PROCESS. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS SHALL CONSIST OF NOT LESS THAN THREE (3) NOR MORE THAN FIVE (5) DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE PROPERTY MANAGER EFFECTIVE AUGUST 15, 2023 IS CERTUS BARTLETT MANAGEMENT LLC. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN WILL BE DISTRIBUTED TO THE VOLUNTEER BOARD OF DIRECTORS FOR REVIEW AND COMMENTS. ANY QUESTIONS WILL BE DIRECTED TO THE BOARD CHAIR AND WILL BE ADDRESSED WITH THE PREPARER. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY COMPLETE AND SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE INCLUDES A STATEMENT THAT THE INDIVIDUAL WILL IMMEDIATELY REPORT ANY KNOWN PERSONAL OR BUSINESS RELATIONSHIP THAT EXISTS WITH AN ORGANIZATION/INDIVIDUAL DOING BUSINESS WITH THE OAKS AT BARTLETT, TO THE CHIEF EXECUTIVE OFFICER AND THE PRESIDENT OF THE VOLUNTEER BOARD OF DIRECTORS. ALL CONTRACTS AND AGREEMENTS ARE REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER TO ASCERTAIN IF ANY RELATIONSHIP EXISTS BETWEEN THE CONTRACTOR AND ANY OFFICERS, DIRECTORS, OR KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15 THE OAKS AT BARTLETT HAS A PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND OTHER KEY EMPLOYEES THAT INCLUDES A REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 18 THE OAKS AT BARTLETT MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION ON ANOTHER'S WEBSITE (I.E. GUIDESTAR) WITH FORM 1023 BEING MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE OAKS AT BARTLETT MAKES ITS GOVERNING DOCUMENTS,CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSET ADJUSTMENT GAIN ON FORGIVENESS OF DEBT 72,805,683.