2024-11-15T14:37:54+00:00 2023-12-31 346565596 ERNST & YOUNG US LLP 111 MONUMENT CIRCLE INDIANAPOLIS IN 462045100 990 2023-01-01 371160033 Carle Retirement Centers Inc CARL 2173833311 611 W PARK STREET URBANA IL 61801 DENNIS HESCH EXEC VP & CF0 2173833311 2024-11-15 true true Jennifer D Rhoderick P00395735 3176817000 2024-11-13 2023 2024-10-15 13:58:12Z X DENNIS HESCH 611 W PARK STREET URBANA IL 61801 8660725 false X WWW.CARLE.ORG X 1984 IL TO PROVIDE ELDERLY AND PHYSICALLY CHALLENGED PERSONS WITH AFFORDABLE HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR NEEDS AND PROMOTE THEIR HEALTH AND WELLNESS. 3 0 130 260 0 0 108607 0 8059534 8566506 2628 -2328 52146 94219 8222915 8658397 0 0 3949684 4138562 0 0 4502836 3944292 8452520 8082854 -229605 575543 3533944 3570273 1873466 1709094 1660478 1861179 TO PROVIDE ELDERLY AND PHYSICALLY CHALLENGED PERSONS WITH HOUSING FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THEIR PHYSICAL, PSYCHOLOGICAL AND SOCIAL NEEDS AND TO PROMOTE THEIR HEALTH AND WELLNESS, THE CHARGES FOR SUCH FACILITIES AND SERVICES TO BE PROVIDED, OPERATED AND MAINTAINED ON A NOT-FOR-PROFIT BASIS. false false 6573108 0 8645485 A 174 UNIT RETIREMENT LIVING CENTER PROVIDING SAFE AND AFFORDABLE RETIREMENT LIVING RESIDENCE AND RELATED SPECIAL NEEDS ACTIVITIES PRIMARILY FOR CHAMPAIGN COUNTY ILLINOIS ELDERLY RESIDENTS. IN ADDITION TO LIVING RESIDENCE, SERVICES INCLUDE BUT ARE NOT LIMITED TO ASSISTED LIVING ACTIVITIES WITH ECONOMICAL AND HEALTHY MEALS. THE LIVING CENTER ALSO MAINTAINS UNITS THAT SUPPORT ACTIVITIES RELATED TO MEMORY CARE. FINANCIAL RENT SUPPORT IS AVAILABLE FOR QUALIFIED INDIVIDUALS. THE ADDITION OF MEMORY CARE ALLOWED THE WINDSOR OF SAVOY TO OFFER AN EXPANDED CONTINUUM OF CARE TO THEIR RESIDENTS IN INDEPENDENT AND ASSISTED LIVING. IT ALSO PROVIDED HIGH QUALITY MEMORY CARE OPTIONS TO THE COMMUNITY AT LARGE, MAKING CARLE RETIREMENT CENTERS MORE DESIRABLE AND COMPETITIVE WITH OTHER RETIREMENT COMMUNITIES. IN 2023, THE AVERAGE OCCUPANCY THRU AUGUST WAS APPROXIMATELY 33%. IT INCREASED TO 89% IN SEPTEMBER, AND FURTHER INCREASED TO 100% FOR THE REMAINDER OF THE YEAR. 6573108 true false false true false false false true false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 27 0 true 130 true false false false false false false false false false false false false X 3 0 true false false false true true true true true false false true true true true true true false false false IL X X DENNIS HESCH EXEC VP & CFO 2173833311 611 W PARK STREET URBANA IL 61801 Ann Beyers Secretary - THRU 10/05/2023 1.0 39.0 X X 0 88271 22891 Dennis Hesch Treasurer // Officer - EVP, Chief Finance & Strategy Officer // Secretary 2.0 38.0 X X 0 1395995 366889 James C Leonard MD Chair // Officer - President & CEO 1.0 39.0 X X 0 5690001 36885 Matthew Kolb JD MHA Vice Chair // Officer - President, Carle Health Regions // EVP, COO 1.0 39.0 X X 0 1567331 363305 Dawn Walden SVP, Chief Revenue Cycle Officer 1.0 39.0 X 0 568121 100293 Lauren Schmid MBA EVP, Chief Human Resources Officer 1.0 39.0 X 0 945711 209640 Nancy Mella-Oliver Windsor Administrator 40.0 0.0 X 159755 0 3894 Nicholas Crompton VP, Construction & Facility Services 1.0 39.0 X 0 364372 68059 Janice Frazier Registered Nurse 40.0 0.0 X 112838 0 3356 Laurence Fallon JD Former - Key Employee 0.0 40.0 X 0 926444 234361 272593 11546246 1409573 2 true true false OLYMPIC CONSTRUCTION LLC 907 FAIRVIEW URBANA IL 61801 CONSTRUCTION 824625 1 0 RETIREMENT LIVING CENTER 623311 8566506 8566506 0 0 0 0 8566506 4633 4633 0 4633 4633 2328 0 -2328 -2328 -2328 CAFETERIA 722210 18074 18074 GARAGE RENTAL 812930 13955 13955 VENDING REVENUE 445132 10607 10607 46950 46950 0 0 89586 8658397 8645485 0 12912 169272 169272 3278462 2983802 294660 43122 39985 3137 394317 347013 47304 253389 231642 21747 1882 1882 233260 226428 6832 0 34147 34147 417053 372512 44541 11056 2871 8185 840793 808051 32742 43095 7655 35440 50 50 62716 62716 691098 671092 20006 85847 85847 INTERNAL MANAGEMENT FEES 973953 973953 RESIDENT FOOD SERVICES 625001 625001 RESIDENT CARE SUPPLIES 18772 18772 OTHER EXPENSES 6246 6246 -100677 0 -100677 0 8082854 6573108 1509746 0 7500 6376 2006 2291 0 0 0 0 21183 20222 28328842 24787458 3503255 3541384 0 0 0 0 3533944 3570273 537424 445708 830790 827045 0 0 505252 436341 1873466 1709094 X 1660478 1861179 1660478 1861179 3533944 3570273 X 575543 -374842 X X false true X true false X 877 1055 160406 108607 0 270945 8250932 7982270 7561837 8094754 8645485 40535278 9325 11235 17129 13990 10607 62286 0 0 8261134 7994560 7739372 8217351 8656092 40868509 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40868509 2450 1575 2020 3216 4633 13894 0 2450 1575 2020 3216 4633 13894 0 0 0 0 0 0 0 8263584 7996135 7741392 8220567 8660725 40882403 0.9997 0.9970 0 0.0 X false false false false false false false false true 1882 1882 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY A PORTION OF LEADING AGE ILLINOIS ANNUAL MEMBERSHIP DUES IS ATTRIBUTED TO LOBBYING. false true X 340974 340974 24293932 22334891 1959041 3693936 2452567 1241369 3541384 ACCRUED REAL ESTATE TAX 435976 GIFT CERTIFICATE HOLDING 365 436341 X Schedule D, Part IV, Line 2b Explanation of escrow agreement CUSTODIAL ACCOUNT LIABILITY ARRANGEMENT THE CARLE RETIREMENT CENTERS, INC. COLLECTS DEPOSITS FROM POTENTIAL RESIDENTS TO BE ADDED TO THE INDEPENDENT LIVING OR ASSISTED LIVING APARTMENT WAIT LIST AND DEPOSITS ARE PARTIALLY REFUNDABLE IF A DECISION IS MADE NOT TO JOIN THE RETIREMENT COMMUNITY. IN ADDITION, RESIDENTS DEPOSIT ONE MONTH'S RENT AS A SECURITY DEPOSIT, WHICH IS REFUNDABLE UPON THE RESIDENT VACATING THE RESIDENCE. INTEREST IS PAID TO RESIDENTS ON DEPOSITED FUNDS ANNUALLY. THESE FUNDS ARE ACCESSIBLE ON DEMAND. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES PRESCRIBES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENTS RECOGNITION OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. THERE WERE NO UNCERTAIN TAX BENEFITS IDENTIFIED OR RECORDED AS A LIABILITY AS OF DECEMBER 31, 2023 AND 2022. false true false false false false false true false Dennis Hesch Treasurer // Officer - EVP, Chief Finance & Strategy Officer // Secretary 0 1104200 0 262608 0 29187 0 346286 0 20603 0 1762884 0 0 Matthew Kolb JD MHA Vice Chair // Officer - President, Carle Health Regions // EVP, COO 0 1092613 0 219046 0 255672 0 335494 0 27811 0 1930636 0 226485 James C Leonard MD Chair // Officer - President & CEO 0 1690975 0 443047 0 3555979 0 16500 0 20385 0 5726886 0 3526792 Laurence Fallon JD Former - Key Employee 0 738955 0 158380 0 29109 0 210158 0 24203 0 1160805 0 0 Nicholas Crompton VP, Construction & Facility Services 0 291871 0 30843 0 41658 0 37180 0 30879 0 432431 0 0 Nancy Mella-Oliver Windsor Administrator 146982 0 11934 0 839 0 3042 0 852 0 163649 0 0 0 Lauren Schmid MBA EVP, Chief Human Resources Officer 0 674332 0 113339 0 158040 0 182309 0 27331 0 1155351 0 128983 Dawn Walden SVP, Chief Revenue Cycle Officer 0 391610 0 52955 0 123556 0 77522 0 22771 0 668414 0 69508 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE BOARD OF TRUSTEES OF THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS INC., THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: -THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES; WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT; HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS; ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED; AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. -THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. -THE COMMITTEE APPROVES ALL ANNUAL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. -THE COMPENSATION COMMITTEE RELIES UPON A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY-SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR WHICH HAS WORKED WITH THE CARLE FOUNDATION AND MAKES ITS REPORTS DIRECTLY AVAILABLE TO THE COMPENSATION COMMITTEE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE 2023 PARTICIPANTS IN THE 457(F) PLAN OFFERED BY THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS, INC., THAT ARE LISTED IN THE 990 PART VII INCLUDE JAMES C. LEONARD, MD, MATTHEW KOLB, JD, MHA, DENNIS HESCH, LAUREN SCHMID, MBA, NICHOLAS CROMPTON, DAWN WALDEN AND LAURENCE FALLON, JD. THE 2023 PAYMENTS FROM THE 457(F) PLAN WERE MADE TO JAMES C. LEONARD, MD ($3,526,792), MATTHEW KOLB, JD, MHA ($226,485), LAUREN SCHMID, MBA ($128,983), AND DAWN WALDEN ($69,508). Schedule J, Part I, Line 7 Non-fixed payments PART OF THE OVERALL EMPLOYEE'S COMPENSATION PROGRAM INCLUDES AN INCENTIVE COMPONENT THAT COVERS MOST EMPLOYEES AND IS DESIGNED TO ENCOURAGE AND PROMOTE THE ACHIEVEMENT OF CERTAIN QUALITY, OPERATIONAL, AND EFFICIENCY IMPROVEMENTS. ALTHOUGH THIS INCENTIVE COMPONENT IS BASED ON THE ORGANIZATION MEETING CERTAIN MINIMUM FINANCIAL THRESHOLDS, ALL PAYMENTS MUST BE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO ANY INCENTIVE PAYOUT. Form 990, Part VI, Line 15 15A & 15B - PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL CARLE RETIREMENT CENTERS, INC. DOES NOT COMPENSATE ITS OFFICERS. EMPLOYEE COMPENSATION FOR THESE INDIVIDUALS IS COMPENSATED BY THE PARENT ORGANIZATION, THE CARLE FOUNDATION. THE BOARD OF TRUSTEES OF THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS, INC.,THROUGH ITS COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT MEMBERS FREE OF CONFLICT, ANNUALLY REVIEWS EXECUTIVE COMPENSATION LEVELS AND ESTABLISHES APPROPRIATE SALARY RANGES AND OTHER FEATURES OF THE COMPENSATION PLAN IN ACCORDANCE WITH THE ORGANIZATION'S APPROVED COMPENSATION PHILOSOPHY AND STRATEGY: -THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES; WHO ARE INDEPENDENT OF THE CARLE FOUNDATION MANAGEMENT; HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS; ARE NOT RELATED TO, OR UNDER THE CONTROL OF ANY INDIVIDUAL WHOSE COMPENSATION ARRANGEMENT IS BEING REVIEWED; AND HAVE NO MATERIAL BUSINESS RELATIONSHIP WITH THE CARLE FOUNDATION. -THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE IN RELATION TO APPROPRIATE COMPARABILITY DATA. COMPENSATION FOR OTHER MEMBERS OF THE EXECUTIVE STAFF IS DEVELOPED BY THE CEO, EVALUATED AGAINST MARKET DATA, AND REVIEWED AND APPROVED BY THE COMMITTEE. -THE COMMITTEE APPROVES ALL ANNUAL COMPENSATION DECISIONS IN ADVANCE OF THEIR IMPLEMENTATION AND DOCUMENTS ITS DETERMINATIONS AND DISCUSSIONS. -THE COMPENSATION COMMITTEE RELIES UPON A NUMBER OF EXTERNAL RESOURCES AND COMPARISONS, AND ITS ANALYSIS INCLUDES TOTAL COMPENSATION (CASH COMPENSATION PLUS BENEFITS PROVIDED BY THE CARLE FOUNDATION) IN RELATION TO ORGANIZATIONAL PERFORMANCE AND PREVAILING INDUSTRY PRACTICES FOR LIKE RESPONSIBILITIES AT COMPARABLY-SIZED ORGANIZATIONS. THE COMMITTEE HAS ENGAGED THE SERVICES OF A COMPENSATION CONSULTING FIRM SPECIALIZING IN THE NOT-FOR-PROFIT SECTOR WHICH HAS WORKED WITH THE CARLE FOUNDATION AND MAKES ITS REPORTS DIRECTLY AVAILABLE TO THE COMPENSATION COMMITTEE. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons JAMES C. LEONARD, MD (OFFICER), MATTHEW KOLB, JD, MHA (OFFICER), AND LAURENCE FALLON, JD (FORMER) - Business relationship, JAMES C. LEONARD, MD (OFFICER), DENNIS HESCH (OFFICER), AND LAUREN SCHMID, MBA (KEY EMPLOYEE) - Business relationship, DENNIS HESCH (OFFICER), MATTHEW KOLB, JD, MHA (OFFICER), AND NICHOLAS CROMPTON (KEY EMPLOYEE) - Business relationship Form 990, Part VI, Line 6 Classes of members or stockholders CARLE RETIREMENT CENTERS, INC. HAS ONE MEMBER WHICH IS THE PARENT COMPANY, THE CARLE FOUNDATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body CARLE RETIREMENT CENTERS, INC.'S SOLE MEMBER, THE CARLE FOUNDATION, ACTING THROUGH ITS BOARD OF TRUSTEES, HAS THE EXCLUSIVE POWER TO ELECT AND REMOVE MEMBERS OF THE BOARD OF TRUSTEES FOR THE CORPORATION IN ADDITION TO FILLING VACANCIES. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CARLE RETIREMENT CENTERS, INC'S BOARD OF TRUSTEES MUST HAVE THE APPROVAL OF ITS SOLE MEMBER, THE CARLE FOUNDATION, THROUGH ITS BOARD OF TRUSTEES, WHEN VOTING ON MATTERS INCLUDING THE AMENDING OF THE BY-LAWS; AMENDMENTS TO THE ARTICLES OF THE CORPORATION; THE ADDING OF MEMBERS, AUTHORIZING ANY NON-BUDGETED EXPENDITURE IN EXCESS OF THE AUTHORIZED SPENDING AUTHORITY OF THE PRESIDENT/CEO OF THE CARLE FOUNDATION, TO ADOPT ANY ANNUAL OR LONG TERM CAPITAL OR OPERATIONAL BUDGETS, THE APPROVAL OF ANY MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION; SALE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION INCLUDING REAL PROPERTY; TO ORGANIZE OR ACQUIRE, OR TO AUTHORIZE OR APPROVE THE ORGANIZATION OR ACQUISITION OF ANY SUBSIDIARY OR AFFILIATE OF THE CORPORATION; THE APPROVAL OF ANY LOAN TO OR FOR THE CORPORATION OR ANY OTHER INCURRENCE OF INDEBTEDNESS BY OR IN THE NAME OF THE CORPORATION IN ADDITION TO THE PLEDGING OF ALL OR PART OF THE CORPORATION'S ASSETS AS SECURITY FOR DEBT, LIABILITY OR OTHER OBLIGATION; TO AUTHORIZE THE CORPORATION, SUBSIDIARY OR AFFILIATE TO ENTER INTO ANY CONTRACT OR ENGAGE IN ANY TRANSACTION OR ACTIVITY WHICH REQUIRES APPLICATION TO THE ILLINOIS HEALTH FACILITIES AND SERVICES BOARD FOR A PERMIT OR CERTIFICATE OF NEED; TO APPROVE PAYMENT TO THE MEMBERS OF THE ORGANIZATION'S BOARD OF TRUSTEES OF THEIR EXPENSES FOR ATTENDANCE AT THE MEETINGS OR ANY SUMS AS COMPENSATION FOR ATTENDANCE AT SUCH MEETINGS OR AS STATED SALARY FOR SERVICE AS TRUSTEES; AND TO ADOPT A PLAN OF DISSOLUTION OF THE CORPORATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS PREPARED BY STAFF AND AN EXTERNAL TAX ADVISOR AND REVIEWED BY MANAGEMENT. PRIOR TO FILING THIS FORM 990, A FULL AND COMPLETE COPY WAS PROVIDED TO THE GOVERNING BODY BY POSTING TO THE ORGANIZATION'S DIRECTOR COMMUNICATION PORTAL. ALSO BEFORE FILING, EACH TRUSTEE RECEIVED NOTIFICATION THAT THE FORM 990 WAS POSTED AND AVAILABLE FOR REVIEW AT HIS/HER DISCRETION, EACH TRUSTEE HAS THE OPPORTUNITY TO CONTACT MANAGEMENT OR DISCUSS AND ADDRESS CONCERNS AT SUBSEQUENT BOARD MEETINGS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S ESTABLISHED CONFLICT OF INTEREST POLICIES REQUIRE ANNUAL DISCLOSURE OF ACTUAL AND POTENTIAL CONFLICTS OF INTEREST FOR OFFICERS, DIRECTORS, TRUSTEES, MEMBERS OF BOARD COMMITTEES, ADMINISTRATIVE AND MANAGERIAL EMPLOYEES AS WELL AS ALL EMPLOYEES OF THE PURCHASING DEPARTMENT. IF CIRCUMSTANCES CHANGE DURING THE COURSE OF A YEAR, INTERIM DISCLOSURE IS ALSO REQUIRED OF THE SAME INDIVIDUALS. THE DISCLOSURES OF EMPLOYEES ARE REVIEWED INITIALLY BY THE COMPLIANCE DEPARTMENT AND ANY IDENTIFIED CONFLICTS ARE REFERRED TO, AND ADDRESSED BY, THE ORGANIZATION'S INTERNAL LEGAL COUNSEL AND/OR CORPORATE INTEGRITY OFFICER. THE DISCLOSURES OF TRUSTEES AND MEMBERS OF BOARD COMMITTEES ARE REVIEWED BY THE CHAIR OF THE BOARD. THE ENTIRE BOARD, ABSENT THE SUBJECT TRUSTEE OR COMMITTEE MEMBER DETERMINES WHETHER A CONFLICT EXISTS. TRUSTEES AND/OR BOARD COMMITTEE MEMBERS WITH IDENTIFIED CONFLICTS ARE REQUIRED TO RECUSE THEMSELVES FROM DELIBERATING AND VOTING ON MATTERS THAT MAY PRESENT A CONFLICT. THE ORGANIZATION ALSO MAINTAINS PURCHASING POLICIES REQUIRING COUNTER SIGNATURES TO FURTHER MINIMIZE THE RISK ASSOCIATED WITH ACTUAL AND/OR POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 19 Required documents available to the public THE CARLE FOUNDATION, THE PARENT ORGANIZATION OF CARLE RETIREMENT CENTERS, INC., PUBLISHES THROUGH WWW.DACBOND.COM AND HTTPS://EMMA.MSRB.ORG/ ITS QUARTERLY UNAUDITED FINANCIAL STATEMENTS, ANNUAL AUDITED FINANCIAL STATEMENTS, A MANAGEMENT'S DISCUSSION & ANALYSIS TO ACCOMPANY THE FINANCIAL STATEMENTS, AND AN ANNUAL REPORT OF CERTAIN OPERATING AND FINANCIAL INFORMATION. ADDITIONALLY, OFFICIAL STATEMENTS FOR OUTSTANDING MUNICIPAL BOND ISSUES FOR WHICH THE CARLE FOUNDATION IS OBLIGATED ARE AVAILABLE AT THIS WEBSITE. THESE DOCUMENTS INCLUDE EXTENSIVE INFORMATION ABOUT THE ORGANIZATION'S HEALTH CARE DELIVERY SYSTEM MODEL, RECENT HIGHLIGHTS/ACCOMPLISHMENTS, GOVERNANCE AND ADMINISTRATION, STRATEGIC PLAN, FACILITIES, CLINICAL PROGRAMS, MEDICAL STAFF, SERVICE AREA, COMPETITIVE ENVIRONMENT, DEMOGRAPHIC DATA, UTILIZATION STATISTICS, SUMMARY FINANCIAL INFORMATION, ACADEMIC AFFILIATIONS AND EDUCATIONAL PROGRAMS, MEDICAL RESEARCH, ACCREDITATIONS, AND ITS EMPLOYEES. THIS INFORMATION IS AVAILABLE AT NO CHARGE TO THOSE WHO REGISTER AT THE WWW.DACBOND.COM WEBSITE. IN ADDITION, THE FORM 990S OF THE ORGANIZATION'S FILING ENTITIES ARE AVAILABLE THROUGH DACBOND. QUARTERLY FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST DELIVERED TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION'S ADMINISTRATIVE OFFICES. Form 990, Part VII, Section A COLUMN B THE AVERAGE ESTIMATED HOURS PER WEEK LISTED FOR THE REPORTING ORGANIZATION AND RELATED ORGANIZATIONS ARE BASED ON A STANDARD 40 HOUR WEEK. MEMBERS MAY FREQUENTLY DEVOTE MORE THAN 40 HOURS OF SERVICE TO THE ENTIRE ORGANIZATION DURING AN AVERAGE WEEK. Form 990, Part VIII, Line 11d Other Miscellaneous Revenue ALL OTHER REVENUE - Total Revenue: 10000, Related or Exempt Function Revenue: 10000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; ALL OTHER REVENUE - Total Revenue: 10000, Related or Exempt Function Revenue: 10000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; ALL OTHER REVENUE - Total Revenue: 10000, Related or Exempt Function Revenue: 10000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; ALL OTHER REVENUE - Total Revenue: 10000, Related or Exempt Function Revenue: 10000, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; ALL OTHER REVENUE - Total Revenue: 6950, Related or Exempt Function Revenue: 6950, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances INTERCOMPANY RECEIVABLE/PAYABLE SETTLEMENTS - -374842; Form 990, Part XII, Line 2c Change of oversight process or selection process FORM 990 PART XII, QUESTIONS 2A, B, C AND PART IV, QUESTION 12 THE FINANCIAL STATEMENTS FOR CARLE RETIREMENT CENTERS, INC. WERE REVIEWED ON A CONSOLIDATED BASIS UNDER THE PARENT ORGANIZATION, THE CARLE FOUNDATION. THE CARLE FOUNDATION DOES HAVE AN AUDIT COMMITTEE CONSISTING OF MEMBERS OF THE GOVERNING BOARD AND THE CHIEF FINANCIAL OFFICER WHO TOGETHER ASSUME RESPONSIBILITY FOR OVERSIGHT OF THE REVIEW AND AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. Form 990, Part VII, Section A VICE PRESIDENTS OF CARLE RETIREMENT CENTERS, INC. ARE CONSIDERED KEY EMPLOYEES FOR CARLE RETIREMENT CENTERS. THE COMPENSATION FOR ALL VICE PRESIDENTS OF CARLE ENTITIES IS PAID BY THE CARLE FOUNDATION. CARLE BROMENN MEDICAL CENTER 611 W PARK STREET URBANA IL 61801 850682363 Hospital Services IL 501(c)(3) 3 CHCR true CARLE COMMUNITY HEALTH CORPORATION 611 W PARK STREET URBANA IL 61801 364458371 FNDN Mission IL 501(c)(3) Type I TCDF true CARLE EUREKA HOSPITAL 611 W PARK STREET URBANA IL 61801 850688306 Hospital Services IL 501(c)(3) 3 CHCR true CARLE HEALTH - CENTRAL REGION 611 W PARK STREET URBANA IL 61801 990548510 Governance/Oversight IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - EAST REGION 611 W PARK STREET URBANA IL 61801 990582680 Governance/Oversight IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - SOUTH REGION 611 W PARK STREET URBANA IL 61801 990614340 Governance/Oversight IL 501(c)(3) Type III-FI TCF true CARLE HEALTH - WEST REGION 611 W PARK STREET URBANA IL 61801 371111135 Governance/Oversight IL 501(c)(3) Type III-FI TCF true CARLE HEALTH CARE INCORPORATED 611 W PARK STREET URBANA IL 61801 371140016 Various Medical Services IL 501(c)(3) 10 TCF true CARLE WEST PHYSICIAN GROUP INC 611 W PARK STREET URBANA IL 61801 850703768 Physician Services IL 501(c)(3) 10 CHCI true CRIS HEALTHY AGING 611 W PARK STREET URBANA IL 61801 370948852 Senior Citizen Services IL 501(c)(3) 7 CHCI true HOOPESTON COMMUNITY MEMORIAL HOSPITAL 611 W PARK STREET URBANA IL 61801 363637465 Hospital Services IL 501(c)(3) 3 CHER true HULT CENTER FOR HEALTHY LIVING INC 611 W PARK STREET URBANA IL 61801 363510390 Wellness Services IL 501(c)(3) 7 PH true HUMAN SERVICE CENTER 611 W PARK STREET URBANA IL 61801 371004882 Behavioral Health Services IL 501(c)(3) 7 TP true METHODIST MEDICAL CENTER FOUNDATION 611 W PARK STREET URBANA IL 61801 510186460 Fundraising IL 501(c)(3) 7 CHWR true METHODIST SERVICES INC 611 W PARK STREET URBANA IL 61801 371111134 Property Holding Co. IL 501(c)(3) 10 CHWR true PARK COURT LIMITED 611 W PARK STREET URBANA IL 61801 371178386 Property Holding Co. 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