2024-11-14T16:01:50-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2023-01-01 861934798 LINDSEY COMMUNITIES INC LIND 2173442144 101 W WINDSOR RD URBANA IL 61802 CRYSTAL BAILEY CFO 2173442144 2024-11-13 1 1 AMBER ROGNAN-HAMILTON P01251012 3149254300 2024-11-13 2023 2024-10-15 13:58:12Z DEBRA REARDANZ 101 W WINDSOR RD URBANA IL 61802 1665544 0 X WWW.CLARKLINDSEY.COM X 2021 IL TO PROVIDE HOUSING AND HEALTHCARE FACILITIES/SERVICES FOR ELDERLY PERSONS 12 12 41 12 0 0 0 0 0 1635325 13949 15728 0 12189 13949 1663242 0 0 0 0 0 1343060 0 0 0 79117 275361 79117 1618421 -65168 44821 2529963 3566505 390273 1062100 2139690 2504405 X TO OPERATE IN COLLABORATION WITH CLARK LINDSEY VILLAGE, INC TO PROVIDE HOUSING AND HEALTHCARE FACILITIES/SERVICES TO ELDERLY PERSONS. 1 0 1074593 0 1635325 OPERATES AS THE PARENT ORGANIZATION OF CLARK- LINDSEY VILLAGE, INC.THE ATHOME CARE SERVICE WITH CLARK-LINDSEY OFFERS SENIORS THE OPPORTUNITY TO LIVE AS SAFELY AND HEALTHILY AS POSSIBLE WHILE LIVING AT HOME. ATHOME OFFERS HOME SUPPORT IN THE TRADITIONAL SENSE AND THROUGH AN INNOVATIVE APPROACH CALLED "CARESHARING," WHICH PROVIDES MORE PRIVACY AND INDEPENDENCE THAN TRADITIONAL HOME SUPPORT SERVICES. ATHOME ALSO OFFERS NURSING SERVICES TO ENSURE ALL MEDICAL NEEDS CAN BE SUPPORTED IN-HOME AS WELL. IN 2023, ATHOME SERVED APPROXIMATELY 133 CLIENTS. 1074593 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 4 0 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X CRYSTAL BAILEY 2173442144 101 WEST WINDSOR ROAD URBANA IL 61802 WADE HAMPTON BOARD CHAIR 2.00 4.00 X X 0 0 0 DENNIS BEARD BOARD VICE CHAIR 2.00 5.00 X X 0 0 0 DAVE LINE TREASURER/ASST. SECRETARY 2.00 5.00 X X 0 0 0 JILL GUTH SECRETARY/ASST. TREASURER 2.00 5.00 X X 0 0 0 WENDY BARTLO BOARD MEMBER 2.00 2.00 X 0 0 0 AMIN KASSEM BOARD MEMBER 2.00 2.00 X 0 0 0 CINDY GUTHRIE BOARD MEMBER 2.00 2.00 X 0 0 0 JANE HAYES BOARD MEMBER 2.00 2.00 X 0 0 0 SAM BANKS BOARD MEMBER 2.00 2.00 X 0 0 0 ROBIN KALER BOARD MEMBER 2.00 2.00 X 0 0 0 KANDACE TURNER BOARD MEMBER 2.00 2.00 X 0 0 0 BECCA GUYETTE BOARD MEMBER 2.00 2.00 X 0 0 0 DEBRA S REARDANZ PRESIDENT / CEO 1.00 42.00 X 0 309693 16849 CRYSTAL BAILEY CFO & VP OF FINANCE 1.00 42.00 X 0 153892 27121 0 463585 43970 0 0 1 0 CLARK-LINDSEY VILLAGE 101 WEST WINDSOR ROAD URBANA IL 61802 ATHOME SERVICES 154800 1 RESIDENT SERVICES 900099 1635325 1635325 1635325 18030 18030 2302 -2302 -2302 -2302 INSURANCE CAPTIVE DIVI 900099 9994 9994 OTHER REVENUE 900099 2195 2195 12189 1663242 1635325 0 27917 1138847 847921 290926 1693 1261 432 76279 56793 19486 126241 93992 32249 1428 1428 364 364 4763 4763 1891 1891 156304 156304 16336 16336 7272 7272 13537 13537 13128 11902 1226 316 316 32974 29894 3080 10471 9493 978 PRE-EMPLOYMENT EXPENSE 6213 6213 MISC. EXPENSES 5864 5036 828 BAD DEBT 3000 3000 LICENSURE FEES 1500 1500 1618421 1074593 543828 0 365424 627735 91462 168991 87357 43019 48363 42139 14198 6224 713742 1259012 323106 323106 774174 774174 110500 160500 253744 2529963 3566505 193970 102968 196303 959132 390273 1062100 X 2139690 1757079 747326 2139690 2504405 2529963 3566505 X 44821 119894 200000 X X 0 1 X 1 0 X 1635325 1635325 1635325 1635325 10579 10579 0 10579 10579 1624746 13949 18030 31979 13949 18030 31979 12189 12189 13949 1665544 1679493 X 48363 42139 6224 6224 OTHER SECURITIES 323106 C 323106 INVESTMENT IN SUBSIDIARIES 774174 C 774174 DUE FROM AFFILIATES 228744 OTHER ASSETS 25000 253744 DUE TO AFFILIATES 550460 DEFERRED COMPENSATION 408672 959132 X PART X, LINE 2: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE CONSOLIDATED FINANCIAL STATEMENTS. 0 1 0 0 0 0 0 0 0 DEBRA S REARDANZ PRESIDENT / CEO 0 283200 0 25059 0 1434 0 13827 0 3022 0 326542 0 0 CRYSTAL BAILEY CFO & VP OF FINANCE 0 143092 0 10800 0 0 0 14537 0 12584 0 181013 0 0 PART I, LINE 3 A RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B ON JANUARY 1, 2017, CLARK-LINDSEY ENTERED INTO A SUPPLEMENTAL COMPENSATION AGREEMENT COVERING DEBRA S. REARDANZ WHICH PROVIDES FOR THE OFFICER TO RECEIVE, UPON TERMINATION OF EMPLOYMENT, PAYMENT IN CASH, IN FULL, WITHIN 90 DAYS. THE BENEFIT TO WHICH THE OFFICER IS ENTITLED TO RECEIVE BECOMES FULLY VESTED ON THE 10TH FULL CALENDAR YEAR AFTER THE GRANT DATE. IF DEATH OR DISABILITY OCCURS DURING THE PERIOD COVERED BY THE AGREEMENT, THE BALANCE OF THE ACCOUNT BECOMES 100% VESTED WITH THE BENEFIT PAYMENTS MADE TO THE BENEFICIARY. CLARK-LINDSEY'S FUNDING OF THIS BENEFIT IS BEING RECOGNIZED AS COMPENSATION COST ON AN ANNUAL BASIS AND INTENDS TO USE CASH FROM OPERATIONS TO FUND THIS OBLIGATION. AT DECEMBER 31, 2023 AND 2022, CLARK-LINDSEY HAS RECORDED A DESIGNATED INVESTMENT BALANCE AND A DEFERRED COMPENSATION LIABILITY OF APPROXIMATELY $92,000 AND $69,000. FORM 990, PART III, LINE 2 LINDSEY COMMUNITIES PURCHASED THE NONCONTROLLING INTEREST OF AT HOME WITH CLV, LLC AND IS NOW THE SOLE OWNER OF ATHOME. ATHOME'S PRIMARY PURPOSE IS PROVIDING HOME AND COMMUNITY-BASED CARE TO RESIDENTS OF CLV AND THE SURROUNDING COMMUNITY. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE, WHICH SHALL BE COMPRISED OF THE OFFICERS, ONLY BY THE VOTE OF AT LEAST A MAJORITY OF ALL MEMBERS OF THE COMMITTEE, MAY ACT ON BEHALF OF THE CORPORATION IN AN EMERGENCY. IN THAT CASE, THE EXECUTIVE COMMITTEE SHALL GIVE PROMPT NOTICE OF SUCH ACTION TO ALL MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO LINDSEY MANAGEMENT SERVICES, A RELATED 501(C)(3) ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD DIRECTS THAT AT LEAST ONE BOARD MEMBER, WHO SERVES ON THE FINANCE COMMITTEE, CONDUCT THE ANNUAL REVIEW OF THE FORM 990 AND PRESENT IT TO THE FULL BOARD PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD DIRECTS THAT OFFICERS, DIRECTOR, AND KEY EMPLOYEES ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE COMPLIANCE OFFICER IS RESPONSIBLE FOR PREPARING QUARTERLY REPORTS TO THE BOARD FINANCE COMMITTEE THAT DISCLOSES ACTUAL, POTENTIAL OR PERCEIVED CONFLICTS OF INTEREST. IN THE EVENT THAT A CONFLICT EXISTS, THE PERSON IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM PARTICIPATING IN THE DECISION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES. A RELATED ORGANIZATION USES THE FOLLOWING PROCESS TO DETERMINE COMPENSATION FOR THOSE INDIVIDUALS: THE BOARD DIRECTS THAT THE PERSONNEL & POLICY COMMITTEE (P&PC) CONDUCT THE PRESIDENT'S ANNUAL PERFORMANCE REVIEW AND DEVELOP SALARY AND COMPENSATION RECOMMENDATIONS FOR FULL BOARD APPROVAL. A COMPARATIVE ANALYSIS OF THE PRESIDENT'S ANNUAL COMPENSATION IS REVIEWED BY THE P&PC USING SOURCES SUCH AS INDEPENDENT SALARY SURVEYS, REVIEW OF FORM 990S AND OTHER INFORMATION AS IT IS AVAILABLE. TO ENSURE THE INDEPENDENCE AND OBJECTIVITY OF THE COMPARATIVE REVIEW, THE DATA AND ANALYSIS IS PREPARED BY SOMEONE OTHER THAN THE PRESIDENT. IN REGARDS TO OTHER OFFICERS AND KEY EMPLOYEES, THE PRESIDENT PERFORMS A SIMILAR PROCESS USING INDEPENDENT SALARY SURVEY DATA TO DETERMINE COMPENSATION. THESE PROCESSES WERE LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 LINDSEY COMMUNITIES INC'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR PUBLIC INSPECTION. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER 200,000. FORM 990, PART XII, LINE 2C: THE PROCESS FOR REVIEW AND OVERSIGHT OF THE AUDIT PROCESS IS CONSISTENT WITH PRIOR YEARS. ATHOME WITH CLV 101 W WINDSOR RD URBANA IL 61802 842989449 IN-HOME PERSONAL CARE SERVICES FOR AGING SENIOR ADULTS IL 1637520 620057 LINDSEY COMMUNITES INC CLARK-LINDSEY VILLAGE INC 101 W WINDSOR RD URBANA IL 61802 371017284 SENIOR CITIZENS HOUSING & RETIRMENT COMMUNITIES IL 501(C)(3) LINE 10 LINDSEY COMMUNITIES INC 1 LINDSEY MANAGEMENT SERVICES INC 101 W WINDSOR RD URBANA IL 61802 861970355 SENIOR CITIZENS HOUSING & RETIRMENT COMMUNITIES IL 501(C)(3) LINE 10 LINDSEY COMMUNITIES INC 1 CLARK-LINDSEY HOLDINGS INC 101 W WINDSOR RD URBANA IL 61802 861996154 SENIOR CITIZENS HOUSING & RETIRMENT COMMUNITIES IL 501(C)(3) LINE 7 LINDSEY COMMUNITIES INC 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 CLARK-LINDSEY VILLAGE INC M 154800 G/L DETAIL CLARK-LINDSEY VILLAGE INC D 413559 G/L DETAIL CLARK-LINDSEY VILLAGE INC E 667263 G/L DETAIL LINDSEY MANAGEMENT SERVICES E 80058 G/L DETAIL CLARK-LINDSEY VILLAGE INC S 162638 G/L DETAIL