2025-05-14T13:50:17-05:00 2024-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2023-07-01 390928211 BENEVOLENT CORPORATION CEDAR COMMUNITY BENE 2623062100 5595 COUNTY ROAD Z WEST BEND WI 53095 JIM KARLS CHIEF FINANCIAL OFFICER 2623062100 2025-05-02 1 1 SOLOMON MARDAKHAEV P01806552 6105653930 2025-05-02 2023 2025-03-06 01:10:19Z NICOLE E PRETRE 5595 COUNTY ROAD Z WEST BEND WI 53095 58158515 0 X WWW.CEDARCOMMUNITY.ORG X 1953 WI TO MODEL JESUS' LOVE BY CREATING LIFE-ENHANCING RELATIONSHIPS, SERVICES, AND ENVIRONMENTS. 8 8 624 304 0 0 1695106 1044513 37467042 38829144 923784 3656171 1315 1374 40087247 43531202 0 0 0 0 23258424 22396563 0 0 195765 20272026 20520819 43530450 42917382 -3443203 613820 123576901 145625388 93879148 111403769 29697753 34221619 X CEDAR COMMUNITY IS A FAITH-BASED ORGANIZATION DEDICATED TO MODELING CHRIST'S LOVE FOR HUMANITY BY CREATING LIFE-ENHANCING RELATIONSHIPS, SERVICES, AND ENVIRONMENTS THROUGH THE PROVISION OF A 75 BED SKILLED NURSING FACILITY PROVIDING LONG TERM AND SUBACUTE CARE WITH 29% OF RESIDENTS FUNDED THROUGH MEDICAID AND 41% THROUGH MEDICARE AND MEDICARE REPLACEMENT INSURANCE, REHABILITATION THERAPIES, COMMUNITY EDUCATION, 139 UNITS OF ASSISTED LIVING WITH 25% FUNDED THROUGH FAMILY CARE, 60 CBRF UNITS SPECIALIZING IN DEMENTIA CARE, 4 COMMUNITIES OF INDEPENDENT LIVING PROVIDING A TOTAL OF 412 UNITS, AND MINISTRY SERVICES AND PROGRAMS. A VARIETY OF ANCILLARY SERVICES SUPPORT THESE PROGRAMS INCLUDING GIFT SHOPS, DINING SERVICES, PHARMACY, PROVISION OF HEALTH & PERSONAL SUPPLIES, ACTIVITIES & ENTERTAINMENT. 0 1 13890598 0 11869114 CEDAR COMMUNITY PROVIDES ASSISTED LIVING SERVICES IN 3 LOCATIONS, WITH 153 UNITS IN RESIDENTIAL CARE APARTMENT COMPLEX FACILITIES AND 60 UNITS IN COMMUNITY BASED RESIDENTIAL FACILITIES. IT PROVIDES A SECURE ENVIRONMENT, DINING SERVICES, ACTIVITES, NURSING SUPPORT, SOCIAL & RELIGIOUS SERVICES. CEDAR COMMUNITY PROVIDED SERVICES DURING THE YEAR TO 294 INDIVIDUALS. 12953929 0 9881858 CEDAR COMMUNITY PROVIDES SKILLED NURSING SERVICES FOR RESIDENTS WITH HEALTHCARE NEEDS, INCLUDING DEMENTIA SPECIFIC CARE, SUBACUTE CARE, AND SUPPORTIVE SERVICES SUCH AS PHARMACY, THERAPIES, ACTIVITIES, DINING SERVICES, SOCIAL & RELIGIOUS SERVICES. CEDAR COMMUNITY SERVED 490 INDIVIDUALS DURING THE YEAR. 9376744 0 13857526 CEDAR COMMUNITY PROVIDES SECURE RETIREMENT LIVING FOR SENIORS AT FOUR LOCATIONS PROVIDING BOTH APARTMENTS AND INDIVIDUAL HOMES. ANCILLARY SERVICES INCLUDE A VARIETY OF ACTIVITIES, DINING SERVICES, AND ACCESS TO BASIC SUPPLIES THROUGH A GIFT SHOP & STORE. CEDAR COMMUNITY PROVIDED INDEPENDENT LIVING SERVICES TO 643 INDIVIDUALS DURING THE YEAR. 1349155 0 3222020 CEDAR COMMUNITY PROVIDED HOME BASED SERVICES INCLUDING HOSPICE AND HOME HEALTH DISCONTINUED IN FISCAL YEAR ENDED JUNE 2024. 1349155 0 3222020 37570426 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 122 0 624 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X JIM KARLS 2623062100 5595 COUNTY ROAD Z WEST BEND WI 53095 JOE CARLSON PRESIDENT 1.00 X X 0 0 0 CHUCK O'MEARA VICE PRESIDENT 1.00 X X 0 0 0 TOM ROSS TREASURER 1.00 X X 0 0 0 JOAN ADLER SECRETARY 1.00 X X 0 0 0 SHERI KATZER BOARD MEMBER 1.00 X 0 0 0 REV ERIC KIRKEGAARD BOARD MEMBER 1.00 X 0 0 0 MIKE WISNEFSKE BOARD MEMBER 1.00 X 0 0 0 CHRIS ZWYGART BOARD MEMBER 1.00 X 0 0 0 NICOLE E PRETRE CEO 40.00 X 280503 0 12351 SARAH MALCHOW CAO 40.00 X 187412 0 3486 JOSEPH PICHLER VP OF FINANCE 40.00 X 138507 0 12549 SAMUEL VANG DIRECTOR OF PHARMACY 40.00 X 151705 0 11669 KELLI DERUYTER VP OF CLINICAL SERVICES/ADMINISTRATOR 40.00 X 140425 0 12349 TODD MILLER VP OF FACILITIES AND MAINTENANCE 40.00 X 142460 0 4884 TRACY BLAUBACH VICE PRESIDENT OF HUMAN RESOURCES 40.00 X 142054 0 5066 DAVID GRANDINETTI PHARMACIST 40.00 X 126465 0 5837 1309531 0 68191 18 0 1 0 VJS CONSTRUCTION SERVICES INC W233 W2847 ROUNDY CIRCLE WEST PEWAUKEE WI 53072 CONSTRUCTION 18727801 BSG MAINTENANCE INC PO BOX 165 NEWBURG WI 53060 HOUSEKEEPING LAUNDRY 1177348 US FOODS PO BOX 99021 CHICAGO IL 60106 FOOD 885430 SAM'S WELL DRILLING INC PO BOX 150 RANDOLPH WI 53956 CONSTRUCTION 884032 CONCEPT THERAPY 6591 W CENTRAL AVE SUITE 105 TOLEDO OH 43617 THERAPY SERVICES 805187 51 1044513 127607 1044513 ASSISTED LIVING 623000 11869114 11869114 INDEPENDENT LIVING 623000 10944420 10944420 HEALTH AND REHABILITION 623000 9881858 9881858 ANCILLARY SERVICES 623000 2913106 2913106 ENTRY FEE AMORTIZED 900099 2857974 2857974 362672 362672 38829144 1268965 1268965 8257017 8757502 7960530 6666783 296487 2090719 2387206 2387206 RETREAT AND EDUCATION 611430 1374 1374 1374 43531202 38830518 0 3656171 X 697025 697025 17329047 15510394 1697253 121400 185364 159744 24370 1250 2700685 2351561 330718 18406 1484442 1279266 195163 10013 128321 69839 58482 91289 91289 60147 60147 84566 84566 4392306 3400362 981604 10340 279838 249346 24684 5808 2531304 2400974 102272 28058 487730 1864 485866 2055787 2055787 115764 70183 45278 303 67636 18305 49246 85 1839864 1839864 6681506 6681506 591305 591305 FOOD EXPENSE 872173 872173 BED TAX ASSESSMENT 153000 153000 DUES & SUBSCRIPTIONS 75113 7164 67847 102 13170 10789 2381 42917382 37570426 5151191 195765 77266 82283 2812911 3007433 1289848 1321156 233317 169523 493009 743756 201888105 111335955 74242489 90552150 40471405 45021293 3956656 4727794 123576901 145625388 3549029 4996475 10965413 10989011 52283117 67877150 0 616037 27081589 26925096 93879148 111403769 X 27584700 31745542 2113053 2476077 29697753 34221619 123576901 145625388 X 613820 3097090 812956 X 0 1 X 1 0 X 3305255 5753704 767068 1695106 1044513 12565646 3305255 5753704 767068 1695106 1044513 12565646 1142759 11422887 928643 855399 988791 1120471 1268965 5162269 1061 1061 17728976 181892469 0.64430 0.65220 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 1 100.00 0 0 1 1 1 0.00 0 3657500 337333 3994833 3121728 535772 3657500 2110930 1152818 -142020 3121728 2098565 12365 2110930 0.63740 0.36260 0.00000 0 0 2681654 2681654 135002214 82530125 52472089 41510338 28805830 12704508 22693899 22693899 90552150 RESIDENT FUNDS HELD IN TRUST 4987 ENTRANCE FEE DEPOSITS 1179313 REFUNDABLE ENTRANCE FEES 25352437 LIABILITY UNDER SPLIT-INTEREST AGREEMENTS 118348 OBLIGATIONS UNDER INTEREST RATE SWAPS 270011 26925096 47356682 3097090 812956 3910046 43446636 84566 84566 43531202 42832816 0 42832816 84566 84566 42917382 PART II, LINE 3: EASEMENT DATED 8/15/23; CORRECTION INSTRUMENT DATED 2/12/24. PART V, LINE 4: THE CORPORATION'S ENDOWMENTS ARE ESTABLISHED TO SUPPORT THE CORPORATION'S MISSION, AND THESE ENDOWMENTS INCLUDE A DONOR-RESTRICTED ENDOWMENT AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET CHANGE IN INTEREST RATE SWAP 812,956. X X X X 0 0 0 0 0 0 0 1 0 NICOLE E PRETRE CEO 280003 0 500 0 0 0 0 0 12351 0 292854 0 0 0 SARAH MALCHOW CAO 183855 0 0 0 3557 0 0 0 3486 0 190898 0 0 0 SAMUEL VANG DIRECTOR OF PHARMACY 141976 0 0 0 9729 0 0 0 11669 0 163374 0 0 0 KELLI DERUYTER VP OF CLINICAL SERVICES/ADMINISTRATO 131151 0 1000 0 8274 0 0 0 12349 0 152774 0 0 0 JOSEPH PICHLER VP OF FINANCE 138507 0 0 0 0 0 0 0 12549 0 151056 0 0 0 PART I, LINE 7 SCHEDULE J, PART II, COLUMN (B)(II) REPORTS DISCRETIONARY INCENTIVE AMOUNTS THAT WERE APPROVED BY THE BOARD BASED UPON PERFORMANCE. A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 97712DH25 2017-12-28 40483291 SEE PART VI 0 0 0 B WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 2022-10-21 41000000 CAPITAL PROJECTS 0 0 0 A 17968093 40561418 2803083 439690 9818270 27500610 2021 1 0 1 1 B 38457161 1694748 642462 36119951 2542839 2024 0 0 0 1 A 0 1 1 1 0 0.00050 0.00050 0 1 0.09370 1 0 B 0 1 1 1 0 0.00050 0.00050 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 1 OLD NATIONAL BANK 10.000000000000 0 0 0 0 0 A 0 B 0 SCHEDULE K, PART IA, COLUMN (F), DESCRIPTION OF PURPOSE: CURRENT REFUNDING OF 2007 AND 2013 WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY BONDS AND FINANCING OF FUTURE CAPITAL PROJECTS. SCHEDULE K, PART III, LINE 9, PART IV, LINE 7, AND PART V: THE BOND DOCUMENTS, INCLUDING THE TAX EXEMPTION AGREEMENT ENTERED INTO WITH RESPECT TO THE BONDS, SETS FORTH DETAILED INFORMATION FOR THE ORGANIZATION TO FOLLOW WITH RESPECT TO NONQUALIFYING USE, REMEDIATION, AND ARBITRAGE. X 4 127607 SELLING PRICE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART III, LINE 3 THE ORGANIZATION SOLD THE ELKHART LAKE ASSISTED LIVING AND INDEPENDENT SERVICE IN JANUARY 2024. THE ORGANIZATION CLOSED THE HOME HEALTH SERVICES IN APRIL 2024 AND HOSPICE IN NOVEMBER 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY STATEMENT UPON BEING SEATED AS A MEMBER OF THE BOARD. ANNUALLY, ALL MEMBERS AND KEY EMPLOYEES COMPLETE AND SIGN A QUESTIONNAIRE DESIGNED TO IDENTIFY AREAS OF POTENTIAL CONFLICT OF INTEREST. OFFICERS OF THE BOARD ENSURE THE BOARD MEMBERS ABSTAIN FROM VOTING ON ANY ISSUE WERE THERE IS A CONFLICT OF INTEREST. THE VICE PRESIDENT OF FINANCE ENSURES THAT KEY EMPLOYEES DO NOT MAKE DECISIONS WHICH WOULD PLACE THEM IN A CONFLICT OF INTEREST POSITION. FORM 990, PART VI, SECTION B, LINE 15 CEDAR COMMUNITY'S EXECUTIVE COUNCIL CONSISTS OF THE CEO, AS WELL AS SEVERAL VICE PRESIDENTS, WHO OVERSEE SPECIFIC SERVICE LINES OR DEPARTMENTS. COMPENSATION FOR THE CEO IS DETERMINED ANNUALLY BY THE BOARD EXECUTIVE COMMITTEE, WHILE COMPENSATION OF THE REMAINING EXECUTIVE COUNCIL MEMBERS IS GENERALLY REVIEWED BY THE EXECUTIVE COMMITTEE, AND DETERMINED ANNUALLY BY THE CEO. IN ADDITION, DURING THIS TAX YEAR, THE COMPENSATION OF ALL EXECUTIVE COUNCIL MEMBERS WAS REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTING FIRM. ALL OTHER KEY EMPLOYEES HAVE SALARIES SET BY ADMINISTRATION WITHIN RANGES ESTABLISHED BY HUMAN RESOURCES. WAGE RANGES FOR ALL STAFF ARE BASED ON RECENT INDUSTRY, POSITION, AND LOCATION SPECIFIC DATA, AND WAGE CHANGES ARE DOCUMENTED DURING THE ANNUAL EVALUATIONS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE VIEWED AT THE CORPORATE OFFICES UPON REQUEST. FORM 990, PART IX, LINE 11G HR SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 233,683. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 233,683. MAINTENANCE SERVICES: PROGRAM SERVICE EXPENSES 1,133,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,133,512. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 2,266,850. MANAGEMENT AND GENERAL EXPENSES 747,921. FUNDRAISING EXPENSES 10,340. TOTAL EXPENSES 3,025,111. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST RATE SWAP 812,956.