2023-11-13T10:56:50-06:00 2022-12-31 381357951 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2022-01-01 610597708 KENTON HOUSING INC KENT 8594312244 4250 GLENN AVENUE LATONIA KY 410151641 LONDA KNOLLMAN EXECUTIVE DIRECTOR 8594312244 2023-11-07 1 LONDA KNOLLMAN 999009999 0 AMY CIMINELLO P00796388 6148493000 2023-11-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROSEDALE GREEN LONDA KNOLLMAN 4250 GLENN AVENUE LATONIA KY 410151641 34838158 0 X WWW.ROSEDALEGREEN.ORG X 1962 KY PROVIDE CARE FOR RESIDENTS THAT HONORS THEIR PAST, ENRICHES THEIR PRESENT AND EMPOWERS THEIR FUTURE. 14 14 350 14 0 0 4601954 218703 24309457 27473885 2827906 3298786 6504 21631 31745821 31013005 0 0 0 0 10604452 14088784 0 0 0 17821948 17542245 28426400 31631029 3319421 -618024 68380829 62462290 48741901 48655380 19638928 13806910 PROVIDE A COMMUNITY OF CARE FOR RESIDENTS THAT HONORS THEIR PAST, ENRICHES THEIR PRESENT AND EMPOWERS THEIR FUTURE. 0 0 28630557 0 27473885 TO PROVIDE A COMMUNITY OF CARE FOR RESIDENTS THAT HONORS THEIR PAST, ENRICHES THEIR PRESENT, AND EMPOWERS THEIR FUTURE. OUR SERVICES INCLUDE SHORT TERM REHAB, SKILLED CARE, LONG TERM CARE, PALLIATIVE CARE AND DEMENTIA CARE. AS A NOT-FOR-PROFIT FACILITY WE ARE ABLE TO STAY FOCUSED ON OUR MISSION WITHOUT REGARD TO FINANCIAL STATUS OF POTENTIAL AND CURRENT RESIDENTS. A COMMITMENT TO THIS APPROACH IS EVIDENCED BY THE FACT THAT FOR 2022 WE PROVIDED APPROXIMATELY $5.5 MILLION IN CHARITABLE CARE. 28630557 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 350 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LONDA KNOLLMAN 8594312244 4250 GLENN AVENUE COVINGTON KY 41015 KELLY SIMMONS BOARD CHAIRMAN 2.00 X X 0 0 0 TIFFANY PORTER-SHABAZZ BOARD VICE CHAIRMAN 2.00 X X 0 0 0 DR MARK MIDDENDORF SECRETARY 2.00 X X 0 0 0 STEVE WOLNITZEK TREASURER 2.00 X X 0 0 0 ED FRITZ BOARD MEMBER 2.00 X 0 0 0 BONNIE HALDERMAN BOARD MEMBER 2.00 X 0 0 0 DR JOHN ELDRIDGE BOARD MEMBER 2.00 X 0 0 0 JAMES TITUS BOARD MEMBER 2.00 X 0 0 0 RON KEITH BOARD MEMBER 2.00 X 0 0 0 TERRY FOSTER BOARD MEMBER 2.00 X 0 0 0 GENE WEAVER BOARD MEMBER 2.00 X 0 0 0 JOHN MIDDLETON BOARD MEMBER 2.00 X 0 0 0 JULIE JONES BOARD MEMBER 2.00 X 0 0 0 ERIC SCHIEMAN BOARD MEMBER 2.00 X 0 0 0 LONDA KNOLLMAN EXECUTIVE DIRECTOR 40.00 X 224760 0 31457 DAVID BOYER CFO 40.00 X 132710 0 30960 BRAD STANFORD CHIEF TALENT OFFICER & COO 40.00 X 129901 0 31044 TINA MARTIN ADMINISTRATOR - EMERALD TRACE 40.00 X 116392 0 26028 MARY JO MARINELLO CLINICAL CARE COORDINATOR 40.00 X 109675 0 12385 713438 0 131874 5 0 1 0 PRIME TIME HEALTHCARE LLC PO BOX 3544 OMAHA NE 68013 NURSE AGENCY STAFFING 2399260 SHIFTKEY LLC 3710 COMMERCE ST SUITE 110 DALLAS TX 75226 NURSE AGENCY STAFFING 2341254 SELECT REHABILITATION LLC PO BOX 71985 CHICAGO IL 60694 CONTRACT THERAPY 2239657 PRN SERVICES LLC 18 COMMONWEALTH AVE ERLANGER KY 41018 NURSE AGENCY STAFFING 830497 MED CARE PHARMACY 350 ARISTOCRAT DR FLORENCE KY 41042 PHARMACY SERVICES 615706 10 116447 102256 218703 ROOM REIMBURSEMENT/RESIDENT SERVI 623000 27473885 27473885 27473885 287784 287784 6836155 3825153 3011002 3011002 3011002 VENDING INCOME 900099 2695 2695 CABLE/TV/PHONE 900099 689 689 BARBER/BEAUTY 900099 -425 -425 18672 18672 21631 31013005 27473885 0 3320417 X 580831 580831 10987905 10180952 806953 1874817 1741415 133402 645231 570862 74369 24873 24873 258029 258029 57005 57005 8516678 8192413 324265 84607 84607 524728 339589 185139 1047322 1004994 42328 26186 685 25501 2692754 2590429 102325 1711475 1646439 65036 587339 565020 22319 MEDICAL SUPPLIES 1309474 1309474 BAD DEBT 488285 488285 PROVIDER TAX 213251 213251 239 239 31631029 28630557 3000472 0 0 146370 6652023 7792654 278243 232700 50027275 14409533 37196834 35617742 18550031 13572603 5703698 5100221 68380829 62462290 2800476 2966087 116447 0 45324978 44689293 500000 1000000 48741901 48655380 X 19638928 13806910 19638928 13806910 68380829 62462290 -618024 -5213994 0 X X 0 1 X 1 0 X 833 1603 3299416 4601954 218703 8122509 24101993 24859360 22427230 24309457 27473885 123171925 14735 42337 57072 24117561 24903300 25726646 28911411 27692588 131351506 0 0 0 131351506 369439 518577 644432 327832 287784 2148064 369439 518577 644432 327832 287784 2148064 5491 6504 21631 33626 24487000 25421877 26376569 29245747 28002003 133533196 0.98370 0.98270 0.01610 0.01720 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CABLE/TV/PHONE - 2020 AMOUNT: $ 1,758. 2021 AMOUNT: $ 899. 2022 AMOUNT: $ 689. BARBER/BEAUTY - 2020 AMOUNT: $ 1,727. 2021 AMOUNT: $ 1,190. 2022 AMOUNT: $ -425. VENDING INCOME - 2020 AMOUNT: $ 1,561. 2021 AMOUNT: $ 2,988. 2022 AMOUNT: $ 2,695. ALL OTHER REVENUE - 2020 AMOUNT: $ 445. 2021 AMOUNT: $ 1,427. 2022 AMOUNT: $ 18,672. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2777 2777 0 PART II-B, LINE 1: MEMBERSHIP DUES IN THE AMOUNT OF $9,499 WERE PAID TO KENTUCKY ASSOCIATION OF HEALTH CARE FACILITIES, OF WHICH $1,762 RELATES TO LOBBYING ACTIVITIES. MEMBERSHIP DUES IN THE AMOUNT OF $3,626 WERE PAID TO ACHA, OF WHICH $1,015 RELATES TO LOBBYING ACTIVITIES. 2332616 2332616 42500226 11542123 30958103 4730256 2417030 2313226 464177 450380 13797 35617742 OPERATING RIGHTS 1034366 ASSETS LIMITED TO USE 4065855 5100221 LINE OF CREDIT 1000000 1000000 25742006 -5213994 -5213994 30956000 57005 57005 31013005 31574024 0 31574024 57005 57005 31631029 PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF INVESTMENT FEES 57,005. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF INVESTMENT FEES 57,005. X X X X 0 0 0 0 0 0 0 1 0 LONDA KNOLLMAN EXECUTIVE DIRECTOR 174258 0 25000 0 25502 0 0 0 31457 0 256217 0 0 0 DAVID BOYER CFO 103210 0 10000 0 19500 0 0 0 30960 0 163670 0 0 0 BRAD STANFORD CHIEF TALENT OFFICER & COO 119901 0 10000 0 0 0 0 0 31044 0 160945 0 0 0 PART I, LINE 7 THE BOARD COMPLETES A YEAR END REVIEW AND ISSUES A BONUS BASED ON THE RESULTS OF THE REVIEW. THE BONUS IS APPROVED BY THE BOARD. A KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY 610600439 49126TAU6 2015-10-28 48862737 SEE SUPPLEMENTAL INFORMATION 0 0 0 A 3185000 49452994 3458539 4922485 6238681 977257 105143 33602915 10000 137974 2017 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 PART I, LINE A, COLUMN F: (A) CONSTRUCT, EQUIP AND INSTALL NEW HEALTHCARE AND HEALTH-RELATED FACILITIES AT THE ORGANIZATION'S EXISTING CAMPUS IN COVINGTON, KY; (B) CURRENTLY REFUND THE ORGANIZATION'S SERIES 2008 BONDS, WHICH WERE ISSUED TO ACQUIRE, CONSTRUCT, EQUIP AND INSTALL HEALTHCARE AND HEALTH-RELATED FACILITIES AT THE ORGANIZATION'S EXISTING CAMPUS IN COVINGTON, KY; AND (C) CURRENTLY REFUND THE ORGANIZATION'S LINE OF CREDIT WHICH WAS USED TO CONTRUCT HEALTHCARE AND HEALTH-RELATED FACILITIES, INCLUDING LAND ACQUISTION, AT THE ORGANIZATION'S CAMPUS ON TURKEYFOOT ROAD IN KENTON COUNTY, KY. PART II, LINE 3: TOTAL PROCEEDS OF ISSUE ARE SALE PROCEEDS PLUS AGGREGATE INVESTMENT PROCEEDS (COMPRISING INTEREST EARNED ON PROCEEDS IN THE INTEREST FUND, DEBT SERVICE RESERVE FUND AND PROJECT FUND). PART II, LINE 6: THE CURRENT REFUNDING ESCROW WAS EXPENDED ON NOVEMBER 19, 2015. PART II, LINE 10: CAPITAL EXPENDITURES FROM PROCEEDS OF $33,602,915 ARE COMPRISED OF REIMBURSED CAPITAL EXPENDITURES AT CLOSING OF $3,119,039, PAYING OFF A TAXABLE LINE OF CREDIT OF $880,774 THAT FINANCED CAPITAL EXPENDITURES AND NEW MONEY CAPITAL EXPENDITURES OF $29,603,102 AS OF DECEMBER 31, 2022. PART II, LINE 11: $10,000 OF PROCEEDS WERE USED FOR THE BONDS ISSUER'S FEE. PART III, LINE 3A: THE ORGANIZATION HAS THREE SERVICES AGREEMENTS, WHICH HAVE BEEN REVIEWED FOR COMPLIANCE WITH REV. PROC. 2017-13. PART IV, LINE 2: A REBARE COMPUTATION WAS PERFORMED ON SEPTEMBER 2, 2021. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS GIVEN TO THE FINANCE COMMITTEE AND THE BOARD MEMBERS FOR REVIEW BEFORE A MONTHLY BOARD MEETING. THE BOARD MEMBERS WOULD DISCUSS THEIR CONCERNS AND THEN APPROVE THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A STATEMENT WHICH AFFIRMS THEY HAVE RECEIVED A COPY OF THE COI POLICY, HAVE READ AND UNDERSTAND THE POLICY, AND HAVE AGREED TO COMPLY WITH THE POLICY. FURTHERMORE, AT BOARD OF DIRECTORS MEETINGS, BOARD MEMBERS ARE ROUTINELY ASKED ABOUT COMPLIANCE WITH THE ORGANIZATIONS CONFLICT OF INTEREST POLICY. IF ANY POTENTIAL CONFLICTS OF INTEREST ARE IDENTIFIED, THE BOARD MEMBER IS ASKED TO LEAVE THE MEETING AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 ROSEDALE GREEN'S EXECUTIVE DIRECTOR'S COMPENSATION AS WELL AS OTHER OFFICERS OF THE ORGANIZATION ARE ADMINISTERED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE COMPENSATION COMMITTEE IS RESPONSIBLE FOR ESTABLISHING AND MAINTAINING A COMPETITIVE COMPENSATION PROGRAM. THE COMMITTEE MEETS AS NEEDED TO REVIEW THE COMPENSATION PROGRAM AND MAKE RECOMMENDATIONS FOR ANY CHANGES TO THE BOARD, AS APPROPRIATE. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING INDUSTRY-SPECIFIC REPORTS AND OTHER STUDIES. THE COMMITTEE ALSO REVIEWS THE COMPENSATION REPORTED ON OTHER FORMS 990 OF COMPARABLE ORGANIZATIONS. THE COMMITTEE MEETS INDEPENDENT OF THE EXECUTIVE DIRECTOR TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, AND PROFESSIONAL ADVISORS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE EXECUTIVE DIRECTOR PRESENT, TO THE FULL BOARD FOR REVIEW AND APPROVAL. THE COMMITTEE AND/OR THE BOARD CHAIR (A MEMBER OF THE COMMITTEE) THEN MEET WITH THE EXECUTIVE DIRECTOR TO DISCUSS AND DOCUMENT STRENGTHS, WEAKNESSES, AND GOALS FOR THE UPCOMING YEAR. COMPENSATION FOR THE UPCOMING YEAR IS ALSO DISCUSSED AND DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 ANY REQUESTS TO VIEW FORM 990, ANY GOVERNING DOCUMENTS, AND ANY POLICIES ARE REFERRED TO THE ADMINISTRATOR WHO WOULD MAKE THE RETURN AVAILABLE FOR INSPECTION. FORM 990, PART IX, LINE 11G STAFFING AGENCY: PROGRAM SERVICE EXPENSES 8,185,117. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,185,117. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 76,170. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 76,170. IT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 239,188. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 239,188. OTHER SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,907. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,907. RADIOLOGY SERVICES: PROGRAM SERVICE EXPENSES 7,296. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,296. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OVERSEES THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTING FIRM. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.