2024-05-14T13:28:11-05:00 2023-06-30 420714325 RSM US LLP 6 S PATTERSON BLVD DAYTON OH 45402 990 2022-07-01 364467489 FLORIDA LIVING OPTIONS INC FLOR 3093431550 285 SOUTH FARNHAM STREET GALESBURG IL 61401 JOHN CROCK VICE PRESIDENT 3093431550 2024-05-10 1 JOHN CROCK XXX-XX-XXXX 1 KAREN O CRIM P00368385 9372980201 2024-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES D WESTBAY 285 SOUTH FARNHAM STREET GALESBURG IL 61401 4642708 0 X N/A X 2001 FL TO PROVIDE & OPERATE NURSING HOMES, ASSISTED LIVING FACILITIES & RETIREMENT HOUSING. 5 5 0 5 0 0 1559677 4546201 166201 0 -2661350 88950 567097 7557 -368375 4642708 0 0 0 0 17434 0 0 0 0 1535215 1264690 1552649 1264690 -1921024 3378018 5692196 6418773 13148286 10194386 -7456090 -3775613 X THE MISSION OF THE ORGANIZATION IS ARTICULATED IN ITS ARTICLES OF INCORPORATION AS FOLLOWS:THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN FURTHERANCE OF THESE PURPOSES, THE CORPORATION MAY BUILD, LEASE, ACQUIRE AND OTHERWISE OWN AND OPERATE HOUSING, NURSING FACILITIES, CONTINUOUS CARE RETIREMENT COMMUNITIES AND OTHER RELATED FACILITIES AND SERVICES FOR THE ELDERLY, MENTALLY RETARDED, MENTALLY ILL, DEVELOPMENTALLY DISABLED AND OTHER LIKE CONDITIONS WITHOUT REGARD TO RACE, RELIGION, COLOR, SEX, CREED OR NATIONAL ORIGIN OF SAID PERSONS. 0 1 167694 ALL PROGRAM SERVICES RELATE TO PROVIDING AND OPERATING SKILLED NURSING FACILITIES, ASSISTED LIVING FACILITIES AND INDEPENDENT LIVING FACILITIES FOR QUALIFYING RESIDENTS. THE ORGANIZATION OPERATED 8 FACILITIES WITH A COMBINED TOTAL OF 702 BEDS WITHIN THESE FACILITIES. THE ORGANIZATION SOLD THESE FACILITIES DURING TAX YEAR 2021. 167694 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 16 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X RON WILSON 3093431550 285 SOUTH FARNHAM STREET GALESBURG IL 61401 X X CHARLES D WESTBAY PRESIDENT & DIRECTOR 2.00 X X 0 0 0 JOHN CROCK VICE PRESIDENT & DIRECTOR 2.00 X X 0 0 0 JOHN THOMPSON SECRETARY & DIRECTOR 2.00 X X 0 0 0 DALE FENWICK DIRECTOR 2.00 X 0 0 0 KENNETH HARKINS DIRECTOR 2.00 X 0 0 0 RON WILSON FLASC INC CFO 10.00 X 0 0 0 0 0 0 0 0 0 0 FUDGE BROADWATER PA 650 16TH ST NORTH SAINT PETERSBURG FL 33705 LEGAL 339824 MORRIS AND COMPANY LLP PO BOX 200543 DALLAS TX 753200543 ACCOUNTING/TAX 234389 FORD DEAN & ROTUNDO PA 3323 NE 163 STREET NORTH MIAMI BEACH FL 33160 LEGAL 218682 THE TRUST ACCOUNT OF KOHN LAW PA 3004 WEST CYPRESS STREET TAMPA FL 33609 LEGAL SETTLEMENT 105000 4 4004201 542000 4546201 48588 48588 40362 0 40362 40362 40362 REVERSAL OF UNCOLLECTI 900099 7557 7557 7557 4642708 0 0 96507 84309 84309 838724 838724 13123 11811 1312 131546 131546 167045 167045 RENT 24337 24337 LICENSES & FEES 5606 5606 1264690 167694 1096996 0 3570676 2181198 1875051 4227575 120245 0 115328 0 10000 10000 896 0 5692196 6418773 2596875 582065 10521411 9612321 30000 0 13148286 10194386 X -7456090 -3775613 -7456090 -3775613 5692196 6418773 X 3378018 12459 290000 X X 0 0 0 X 659255 75772 396203 1559677 4546201 7237108 47735119 34750654 28332865 166201 0 110984839 48394374 34826426 28729068 1725878 4546201 118221947 0 0 0 118221947 26016 16462 11120 5485 48588 107671 26016 16462 11120 5485 48588 107671 567097 7557 574654 48420390 34842888 28740188 2298460 4602346 118904272 0.99430 0.99960 0.00090 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REVERSAL OF UNCOLLECTIBLE ACCOUNTS - 2021 AMOUNT: $ 567,097. 2022 AMOUNT: $ 7,557. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1000000 1000000 138859 2138859 3208289 11022 7735 18757 250000 250000 34715 534715 802073 FORM 990, PART III, LINE 3 FLORIDA LIVING OPTIONS SOLD ALL OF THEIR FACILITIES IN THE PRIOR FISCAL YEAR. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION RECEIVES SUPPORT SERVICES FROM LTC SUPPORT SERVICES, LLC, AN UNRELATED COMPANY. THESE SERVICES INCLUDE OVERSIGHT, TRAINING, REGULATORY COMPLIANCE, QUALITY ASSURANCE PROGRAMS, HUMAN RESOURCE SUPPORT, MARKETING AND MAINTENANCE. FLORIDA LIVING OPTIONS, INC., OWNS 14.28% OF LTC SUPPORT SERVICES, LLC. THE REMAINING 85.72% OF LTC SUPPORT SERVICES, LLC, IS OWNED BY UNRELATED EXEMPT ORGANIZATIONS. THE ORGANIZATION ALSO HAS A NEGOTIATED ARMS LENGTH ADMINISTRATIVE SERVICES CONTRACT WITH FLASC, INC., AN UNRELATED COMPANY, TO OBTAIN SERVICES SUCH AS CASH MANAGEMENT, ACCOUNTING AND FINANCIAL REPORTING, PAYROLL AND EMPLOYEE BENEFITS, INFORMATION TECHNOLOGY, REGULATORY MATTERS, AND OTHER GENERAL BUSINESS AND FINANCIAL MANAGEMENT SERVICES AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A PAPER COPY OF FORM 990 FOR THEIR REVIEW AND COMMENT PRIOR TO ITS FILING. THE BOARD ALSO REVIEWS IN DETAIL EACH FORM 990 FILED BY THE ORGANIZATION AT ITS REGULARLY SCHEDULED BOARD MEETINGS. ON AN ANNUAL BASIS, EACH BOARD MEMBER ATTENDS A TRAINING SESSION THAT PROVIDES UPDATES ON CURRENT EXEMPT ORGANIZATION TAX COMPLIANCE MATTERS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ATTEST TO THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS REVIEWS ALL COMPLETED CONFLICT OF INTEREST STATEMENTS TO DETERMINE IF ANY CONFLICTS EXIST WHICH WOULD REQUIRE RESTRICTION ON PARTICIPATION IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN ANY TRANSACTIONS INVOLVING THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 A PAPER COPY OF FORM 990 IS PROVIDED UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE VIA THE GUIDESTAR.ORG WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT THROUGH PUBLIC FILING REQUIREMENTS. FORM 990, PART VII, SECTION A, COLUMN F: RON WILSON IS EMPLOYED BY RFMS, INC., AN UNRELATED ORGANIZATION WHICH HAS AN ADMINISTRATIVE SERVICES CONTRACT WITH FLORIDA LIVING OPTIONS, INC. THE TYPE OF SERVICES PROVIDED BY RFMS, INC., ARE DETAILED IN THE SCHEDULE O EXPLANATION ABOVE RELATIVE TO FORM 990, PART VI, SECTION A, LINE 3. RON WILSON IS THE CHIEF FINANCIAL OFFICER OF RFMS, INC. HIS COMPENSATION REPORTED ON HIS RFMS, INC. FORM W-2, BOX 5 FOR CALENDAR YEAR 2022 IS $196,536.13. THIS COMPENSATION AMOUNT HAS NOT BEEN PRORATED BASED ON TIME SPENT FOR EACH OF THE FIFTEEN ORGANIZATIONS TO WHOM SERVICES ARE PROVIDED BY RFMS, INC. FORM 990, PART XI, LINE 9: REDUCTION IN PRIOR YEAR LIABILITY ESTIMATE 290,000. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS CHANGED FROM THE PRIOR YEAR DUE TO NO LONGER HAVING AN AUDIT. FIRST FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467494 OPERATED A SKILLED NURSING FACILITY & AN ASSISTED LIVING FACILITY FL 0 0 N/A SECOND FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467496 OPERATED A SKILLED NURSING FACILITY FL 1651112 55825 N/A THIRD FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467499 OPERATED AN ASSISTED LIVING FACILITY FL 318480 0 N/A FOURTH FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364469681 OPERATED AN ASSISTED LIVING FACILITY FL 300084 0 N/A FIFTH FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 331094306 OPERATED AN INDEPENDENT LIVING FACILITY FL 93021 0 N/A SIXTH FLORIDA LIVING OPTIONS LLC 4100 SW 33RD AVENUE OCALA FL 34474 263708014 OPERATED AN INDEPENDENT LIVING FACILITY FL 41538 0 N/A SEVENTH FLORIDA LIVING OPTIONS LLC 5381 DESOTO ROAD SARASOTA FL 34243 371660137 OPERATED A SKILLED NURSING FACILITY FL 1593225 31242 N/A