2024-09-03T17:38:32-07:00 2023-12-31 453705962 Morse & Co PLLC 6060 S American Plaza St E Ste 600 Tulsa OK 74135 990 2023-01-01 730648458 Trinity Woods Inc TRIN 9187432565 4134 East 31st Street Tulsa OK 74135 Jerome Steele CFO 2024-09-03 true true Jason T Cobb P01649298 9187491040 2023 2024-08-08 14:25:15Z Garrett Lee 24345646 false X https://trinitywoodstulsa.com X 1956 OK Our mission is to serve the Trinity Woods family in the spirit of Christ. Our vision is aspiring to set a new standard for Life Plan Community living by redefining aging. We are guided by five values:Integrity- We promote honesty and accountability.Kindness- We create a caring atmosphere that influences everyone around us.Inclusion- We serve together as one and appreciate the strengths in diversity.Collaboration- We listen to each other to encourage ideas and cooperation.Innovation- We foster creativity to imagine what is possible. 22 22 307 162 0 716255 1253208 19919004 22024524 -275880 387087 542219 680362 20901598 24345181 0 0 11745818 12866581 13325 6950 162193 13058065 13915068 24817208 26788599 -3915610 -2443418 87478946 88071705 76600294 79816561 10878652 8255144 Our mission is to serve the Trinity Woods family in the spirit of Christ. false false 24871959 22024524 In 2023 Trinity Woods served an average of 347 people providing a full continuum of care including independent residential living, assisted living, assisted living memory care, rehabilitative therapy, nursing care and skilled memory care. What follows below is a list of some of the Program Service Accomplishments at Trinity Woods in 2023:Operations237,400 meals served by the Dining Team.76,770 work orders were completed, with 90% completed within 24 hours of submission.66,687 miles driven by Trinity Woods Security Team, patrolling campus. 24/7/3651,837 transportation trips, for a total of 66,667 miles.28 remodeled Villas and Patio Homes and Crestwood Apartments.Human Resources34% of employees have worked at Trinity Woods for more than five years.20% of employees have worked here for 10 or more years.6% of employees have worked here for at least 15 years.Occupancy88% Overall Occupancy86% Residential Living95% Assisted Living92% Memory Care Assisted Living88% Health CenterCMS 4 Star Rating4-star overall rating out of the 5-star from the Center for Medicare and Medicaid Services.PhilanthropyGood Samaritan Fund raised $293,200 and provided financial assistance to Medicaid recipients and people who have outlived their financial resources.Employee Appreciation Fund raised $155,980 with 70% participation of the entire campus independent living, assisted living and healthcare community members and families.Raised $623,030 for special projects Owens Park, New Gate Entrance, and Student Internship Program.Wellness213 Musical Concerts and Theatrical Performances322 Lifelong Learning Opportunities302 Spiritual Opportunities5,244 Spa Treatments at the Tranquility Wellness Spa1,868 Fitness Classes and training throughout campus 24871959 true true false false false false false false false true true true false false true true true false false false false false false false false false false false false true false false false false false true false true false false false false false true false false false true 146 0 true 307 true false false false false false false false 0 false false false false false false false X 22 22 false false false false false true false true true false false true true true true true true true false false OK X Jerome Steele 9187432565 4134 East 31st Street Tulsa OK 74135 Steven Dickie CEO 40.00 0.00 X 240348 0 50180 DENNIS GRAHAM VP OF OPERATIONS 40.00 0.00 144853 0 17561 Jerome Steele VP of Finance 40.00 0.00 X 141621 0 13723 Bill Peterson VP of HR 40.00 0.00 124787 0 13164 Jacob Will VP Health&Wellness 40.00 0.00 115371 0 6922 Bonnie Polak VP Philanthropy 40.00 0.00 101866 0 6112 Russel Ramzel Director 1.00 0.00 X 0 0 0 Scott Kirtley Director 1.00 0.00 X 0 0 0 Susie Butterworth Director 1.00 0.00 X 0 0 0 Gary Provine Director 1.00 0.00 X 0 0 0 Glenda Love-Williams Director 1.00 0.00 X 0 0 0 Curtis Craig President 1.00 0.00 X X 0 0 0 Meredith Davison Director 1.00 0.00 X 0 0 0 Sharon Earley Treasurer 1.00 0.00 X X 0 0 0 Rich Lilienthal Director 1.00 0.00 X 0 0 0 Sarah Everett Director 1.00 0.00 X 0 0 0 Jennifer Smith Director 1.00 0.00 X 0 0 0 Kent Van Valkenburgh Director 1.00 0.00 X 0 0 0 Don Wiruth Director 1.00 0.00 X 0 0 0 Dave McCarthy Director 1.00 0.00 X 0 0 0 Herb Whitney Director 1.00 0.00 X 0 0 0 Kay Owens Director 1.00 0.00 X 0 0 0 Robert Perugino Vice President 1.00 0.00 X X 0 0 0 David Runnels Director 1.00 0.00 X 0 0 0 Beverly K Smith Director 1.00 0.00 X 0 0 0 Wendy Williams Director 1.00 0.00 X 0 0 0 Kerry Malone Stancavage Director 1.00 0.00 X 0 0 0 Jim Taylor Director 1.00 0.00 X 0 0 0 Stan Teter Secretary 1.00 0.00 X X 0 0 0 868846 107662 6 false true false Conrads Roofing 6247 E 15th St Tulsa OK 74112 Construction 665430 CDS Project Manager Slick 1 PO Box 1588 Broken Arrow OK 74013 PROJECT MANAGMENT 1371129 Creating Results Marketing 14000 Crown Court Suite 211 Woodbridge VA 22193 Advertising 441225 C&C Tile & Carpet Co 1319 S Harvard Ave Tulsa OK 74112 Remodeling 189637 Boomer Solutions of Tulsa 5415 S 125th E Ave Tulsa OK 74146 Pharmacy 163309 6 1253208 1253208 Residential Living 623000 7905953 7905953 Health Center 623000 7465695 7465695 Assisted Living 623000 3090468 3090468 Memory Assisted Living 623000 1920448 1920448 Amortization-member fees 623000 1223723 1223723 418237 418237 22024524 356552 356552 0 81780 81780 0 31000 465 30535 30535 30535 0 0 0 Other Revenue 623000 219454 219454 Dartmoor Properties 198315 198315 Upgrades 623000 115862 115862 64951 64951 598582 24345181 22653641 438332 0 0 0 0 445872 401202 39866 4804 0 10304402 9272042 921329 111031 270325 243242 24170 2913 1063308 956779 95072 11457 782674 704261 69980 8433 0 24233 18859 5374 26400 20545 5855 0 6950 6950 0 372331 289758 82573 501748 467441 34307 1507432 1464338 26610 16484 202838 157855 44983 0 1384833 1384833 38638 30069 8569 0 28626 22278 6348 1160972 1160972 0 3921525 3887951 33574 832936 637743 195193 Food Service 1900449 1900449 Therapy Services 814545 814545 Weather Related Expenses 418222 325471 92751 Quality of Care fee 342766 342766 436574 368560 67893 121 26788599 24871959 1754447 162193 0 1592415 1982841 743041 670936 1217922 745903 0 0 0 80823 89434 248515 314055 112340610 37008729 75350895 75331881 0 7434187 8197077 0 0 811148 739578 87478946 88071705 1286071 1262721 96500 68827 27922769 26887876 47294954 51597137 76600294 79816561 X 6056096 2420994 4822556 5834150 10878652 8255144 87478946 88071705 X -2443418 403733 -583823 X false true X true false X 1581392 412011 451134 716255 1253208 4414000 19453042 18447238 17934931 19919004 21436798 97191013 115418 97427 259648 710950 581643 1765086 0 0 21149852 18956676 18645713 21346209 23271649 103370099 0 0 103370099 347735 282051 82036 328632 387087 1427541 0 347735 282051 82036 328632 387087 1427541 0 0 21497587 19238727 18727749 21674841 23658736 104797640 0.98640 0.98320 0.01360 0.01390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4517964 579656 63731 5033889 5769902 -1004943 246995 4517964 5650031 400333 280462 5769902 5021825 866875 238669 5650031 4377278 863345 218798 5021825 1.00000 false true true 3446892 3446892 98275060 29882190 68392870 3462015 1796070 1665945 5484435 3901984 1582451 1672208 1428485 243723 75331881 8197077 Refundable Fees 38897427 Unearned Income 12487090 other unearned and reservation fees 207876 unearned membership fees 4744 51597137 X 24748914 403733 403733 24345181 24345181 26788599 26788599 26788599 Part V, Line 4: Intended uses of the endowment fund. OKUMF places TW's endowment funds with Wespath Investment Management, which is a division of Wespath Benefits and Investments, a general agency of The United Methodist Church. The endowment funds are invested in the Wespath Multiple Asset Fund (MAF). The investment style of this fund is 65% equity and 35% fixed income securities. For the years ended December 31, 2023 and 2022, the return on fund assets was 13.7% and (16.6%), respectively. The MAF assets were $3.0 billion as of December 31, 2023 and had a 2023 expense ratio of 0.60%. OKUMF has approved an endowment distribution or spending policy within the guidelines of the Uniform Prudent Management of Institutional Funds Act (UPMIFA) whereby distributions are limited to 5% of the fair value of the individual funds. Distributions during 2023 and 2022 were $282,656 and $310,885, respectively. Actual endowment returns earned in excess of 5% are retained as part of the corpus to offset inflation. From timeto time, the fair value of assets associated with individual donor-restricted endowments may fall below the level that the donor or UPMIFA requires as a fund of perpetual duration. OKUMF's investment objective is to achieve a superior, long-term performance while at the same time maximizing current income. Investment goals are formulated to earn returns over the long-term that equal or exceed the spending policy rates plus the impact of inflation. Part X : FIN48 Footnote TW HAS ADOPTED THE PROVISIONS OF FASB ACCOUNTING STANDARDS CODIFICATION TOPIC ASC 740-10 (PREVIOUSLY FINANCIAL INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES.) THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE FINANCIAL STATEMENTS. AS OF BOTH THE ADOPTION DATE AND AT DECEMBER 31, 2023, THE UNRECOGNIZED TAX BENEFIT ACCRUAL WAS ZERO. X true false X false false false false false false false false false DENNIS GRAHAM VP OF OPERATIONS 144853 17561 162414 Steven Dickie CEO 240348 50180 290528 Jerome Steele VP of Finance 141621 13723 155344 Part I, Line 1a: Relevant information in regards to selections on 1a. Dave McCarthy See below Bank loan, LOC false Schedule L, Part V Supplemental Information Dave McCarthy, Senior Vice President at Prosperity Bank and a Board member. Prosperity Bank is where Trinity Woods, Inc. has a $2,000,000 Line of Credit ($1,520,829 outstanding as of 12/31/23), a Note Payable ($25,367,047 balance outstanding as of 12/31/23). Form 990, Part VI, Section B, Line 11b THE RETURN WAS PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENTS BEFORE IT WAS FILED. Form 990, Part VI, Section B, Line 12c OFFICERS, DIRECTORS, AND KEY EMPLOYEES (IF ANY) ARE INCLUDED. THE RESPONDERS INDICATE IF THERE IS ANY POTENTIAL CONFLICT, THE CFO AND CEO WILL INITIALLY REVIEW CONFLICTS WITH AUDIT FIRM THEN REVIEW IT WITH THE BOARD TREASURER AND PRESIDENT IF THE CONFLICT IS NOT IN COMPLIANCE WITH THE POLICY. THERE HAVE BEEN NO CONFLICTS PRESENTED FOR REVIEW OR RESTRICTIONS IMPOSED. Form 990, Part VI, Section B, Line 15a THE COMPENSATION FOR THE CEO IS APPROVED BY THE EXECUTIVE COMMITTEE AFTER COMPLETING A REVIEW OF COMPARABLE DATA. Form 990, Part VI, Section C, Line 19 BY REQUEST Part XI Reconciliation of Net Assets Line 8 Management determined the financial statements for the year ended December 31, 2022, previously issued on April 11, 2023, contained a material error. The correction was necessary due to an evaluation of the financial statements by management. Prior year Medicare claims receivable were reduced to reflect claim adjustments made by Medicare replacement (managed care) carriers, Medicare and other supplemental insurance. THE OK UNITED METHODIST FOUNDATION 4201 CLASSEN BOULEVARD OKLAHOMA CITY OK 73118 730758119 MANAGES ENDOWMENT FUNDS OK N/A false false false false false false false false false false false false false false false false false false false false