2022-09-22T18:55:13-05:00 2021-12-31 390859910 BAKER TILLY US LLP 225 S 6TH ST 2300 MINNEAPOLIS MN 55402 990 2021-01-01 650639567 SENIOR CARE COMMUNITIES INC SENI 6512876408 161 ST ANTHONY AVENUE 825 ST PAUL MN 55103 SUSAN LANDWEHR MARSHALL PRESIDENT AND TREASURER 6512876408 2022-09-20 1 SUSAN LANDWEHR MARSHALL 999009999 LAWRENCE H MOHR CPA P00447603 6128764500 2022-09-20 X 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z SUSAN LANDWEHR MARSHALL 161 ST ANTHONY AVENUE 825 ST PAUL MN 55103 63898227 0 X WWW.SENIORCARECOMMUNITIES.ORG X 1995 DC TO DEVELOP AND MAINTAIN QUALITY AGED, HANDICAPPED, AND LOW AND MODERATE INCOME HOUSING AND SERVICES. 5 4 850 48 0 0 3190235 5527215 58678388 56371326 294752 275042 419658 554136 62583033 62727719 80622 57814 0 0 31351717 28150709 0 0 0 33289730 32803296 64722069 61011819 -2139036 1715900 84082294 79379682 86360926 80281423 -2278632 -901741 X THE PRIMARY MISSION OF SENIOR CARE COMMUNITIES, INC. IS TO HOUSE AND CARE FOR SENIOR RESIDENTS IN A VARIETY OF SETTINGS INCLUDING RENTAL APARTMENTS, ASSISTED LIVING, LONG TERM NURSING, REHABILITATION FACILITIES AND MEMORY CARE UNITS. WE ARE ALSO COMMITTED TO SERVING OUR RESIDENTS, THEIR FAMILIES, AND THE BROADER COMMUNITY THROUGH PROGRAMMING, PARTNERSHIPS AND FUNDING OF CHARITABLE ENDEAVORS. 0 0 50638663 57814 56371326 SENIOR CARE COMMUNITIES, INC.'S PRIMARY MISSION IS TO HOUSE AND CARE FOR SENIOR RESIDENTS IN A VARIETY OF SETTINGS, INCLUDING RENTAL APARTMENTS, ASSISTED LIVING, LONG TERM SKILLED NURSING, REHABILITATION FACILITIES, AND MEMORY CARE UNITS. SENIOR CARE COMMUNITIES IS ALSO COMMITTED TO SERVING ITS RESIDENTS, THEIR FAMILIES, AND THE BROADER COMMUNITY THROUGH PROGRAMMING, PARTNERSHIPS, AND FUNDING FOR CHARITABLE ENDEAVORS. DURING 2021, THE EFFECT OF THE WORLDWIDE PANDEMIC WAS WANING, HOWEVER THE STAFF AND MANAGEMENT TEAMS AT THE SENIOR CARE COMMUNITIES PROPERTIES STILL HAD TO WORK DILIGENTLY TO KEEP BOTH STAFF AND RESIDENTS SAFE. MANAGEMENT CONTINUED TO PROCURE PERSONAL PROTECTION EQUIPMENT (PPE), IMPLEMENT CDC AND MINNESOTA DEPARTMENT OF HEALTH INFECTION CONTROL GUIDELINES, AND KEPT STAFFING AT ACCEPTABLE LEVELS WHILE STAFF WERE QUARANTINED. COMMUNITY LIFE STAFF ADAPTED ACTIVITIES TO ENGAGE WITH RESIDENTS WHILE MAINTAINING SOCIAL DISTANCING GUIDELINES. OUR FRONTLINE HEROES WORKED EVERY SHIFT WEARING PPE AND ADAPTING PROCEDURES TO SUPPORT CHANGING GUIDANCE, AS WELL AS FREQUENT COVID-19 LAB TESTING. THE COMMUNITIES INVESTED HUMAN AND FINANCIAL RESOURCES INTO TOOLS AND EQUIPMENT TO HELP RESIDENTS STAY CONNECTED TO THEIR LOVED ONES, INCLUDING ADDITIONAL VIDEO EQUIPMENT, IPADS, AND OTHER DEVICES TO ALLOW FOR TWO-WAY COMMUNICATIONS. THE FOLLOWING ARE THE SENIOR CARE COMMUNITIES, INC PROPERTIES: THE WOODBURY SENIOR LIVING CAMPUS IN WOODBURY, MINNESOTA INCLUDES WOODBURY VILLA, A 75-UNIT INDEPENDENT AND ASSISTED LIVING COMMUNITY; WOODBURY ESTATES, A 64-UNIT ASSISTED LIVING COMMUNITY; AND WOODBURY HEALTH CARE CENTER, A 155-BED LICENSED SKILLED NURSING FACILITY. IN 2021, WOODBURY HEALTHCARE CENTER PROVIDED CARE FOR AN AVERAGE OF 96.9 RESIDENTS PER DAY, APPROXIMATELY 60% OF WHICH WERE IN THE LOW-INCOME CATEGORY, AS DEFINED BY THEIR ENROLLMENT IN THE MINNESOTA MEDICAL ASSISTANCE PROGRAM. THE FACILITY HAS 40 TRANSITIONAL CARE BEDS AVAILABLE, 12 OF WHICH ARE TRANSITIONAL CARE SUITES. IT ALSO HAS 52 MEMORY CARE BEDS. A SEPARATE ISOLATION UNIT WAS ESTABLISHED AND IS STILL MAINTAINED IN THE HCC.WOODBURY VILLA HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 70.1 RESIDENTS PER DAY IN 2021, WITH AN ESTIMATED 43% OF THE TENANTS IN THE LOW-INCOME CATEGORY. WOODBURY ESTATES HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 60.2 TENANTS PER DAY WITH 18.5 LOW-INCOME RESIDENTS INCLUDED IN THAT AVERAGE. BIRCHWOOD SENIOR LIVING CAMPUS IN FOREST LAKE, MINNESOTA INCLUDES BIRCHWOOD ARBORS, A 46-UNIT ASSISTED LIVING COMMUNITY AND BIRCHWOOD HEALTH CARE CENTER, A 100-BED SKILLED NURSING FACILITY. IN 2021, BIRCHWOOD HEALTHCARE CENTER CARED FOR AN AVERAGE OF 68.1 RESIDENTS PER DAY WITH OVER 62.8% OF THAT POPULATION IN THE LOW-INCOME CATEGORY. BIRCHWOOD ARBORS HOUSED AND PROVIDED SERVICES TO AN AVERAGE OF 38 RESIDENTS PER DAY WITH 60% IN THE LOW-INCOME CATEGORY. A SEPARATE ISOLATION UNIT WAS ESTABLISHED IN THE HCC.PROVIDENCE PLACE IN MINNEAPOLIS, MINNESOTA IS A 190-BED SKILLED NURSING FACILITY. IN 2021, PROVIDENCE PLACE PROVIDED CARE FOR AN AVERAGE OF 164.1 RESIDENTS PER DAY WITH APPROXIMATELY 74.3% OF THE POPULATION IN THE LOW-INCOME CATEGORY. IN 2021, DURING THE WORLDWIDE PANDEMIC, THE FACILITY ESTABLISHED A TEMPORARY COVID ISOLATION UNIT WHICH IS STILL MAINTAINED TO DATE.THE WATERS OF HIGHLAND PARK IS AN 84-UNIT SENIOR LIVING COMMUNITY WITH 54 SENIOR LIVING APARTMENTS AND 30 APARTMENTS DEDICATED TO MEMORY AND ENHANCED CARE. THE COMMUNITY WAS AT 83.3% OCCUPANCY AS OF DECEMBER 31, 2021. THIS COMMUNITY HAS A STRONG FOCUS ON HOSPITALITY AND A WHOLE-PERSON CENTERED APPROACH TO WELLNESS. THE WATERS OF HIGHLAND PARK OFFERS A VARIETY OF PROGRAM OPTIONS FOR SENIORS AND THEIR FAMILIES. IN 2022, THIS PROPERTY WAS SOLD. INTEGRATIVE CARE IS PROVIDED AT EACH OF THE THREE CAMPUSES BY TRAINED STAFF. INTEGRATIVE SERVICES INCLUDE COMPLEMENTARY CARE SUCH AS MASSAGE, AROMATHERAPY, IMAGERY AND VISUALIZATION, MOVEMENT AND BREATHWORK, GUIDED MEDITATION, AND MUSIC THERAPY. THE GOALS OF THESE NON-PHARMACOLOGICAL INTERVENTIONS ARE DECREASING ANXIETY, NAUSEA, AND PAIN AS WELL AS IMPROVING A GENERAL SENSE OF HEALTH AND WELLBEING. SENIOR CARE COMMUNITIES RECOGNIZES AND IS COMMITTED TO THE SPIRITUAL HEALTH AND WELLBEING OF ALL ITS RESIDENTS AND TEAM MEMBERS. SENIOR CARE COMMUNITIES PROVIDES FUNDING FOR CHAPLAINS AT ALL OF THE COMMUNITIES. CHAPLAINS PROVIDE VISITATION, WORSHIP, AND EDUCATION EXPERIENCES. IN EACH PROPERTY, WEEKLY NON-DENOMINATIONAL WORSHIP SERVICES ARE PROVIDED FOR ALL RESIDENTS. THE BOARD ALSO PROVIDES STIPENDS FOR CATHOLIC PARISHES TO PROVIDE PRIESTS FOR MASS. 50638663 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 90 0 850 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X TRICIA HICKEY CO LIFESPARK LLC 9523458770 5320 W 23RD ST SUITE 130 SAINT LOUIS PARK MN 55416 SUSAN LANDWEHR MARSHALL PRESIDENT & TREASURER 6.00 X X 103000 0 0 RICHARD H MARTIN SECRETARY 5.00 X X 18000 0 0 SANDRA L HESSE VICE PRESIDENT 1.00 X X 5000 0 0 JIM MONTEZ DIRECTOR 1.00 X 0 0 0 JOHN MARSHALL DIRECTOR 1.00 X 0 0 0 GREG BROWN CFO/MANAGEMENT AGENT 1.00 X 0 0 0 MICHAEL KAREL EX DIR-WOODBURY SENIOR LIV 40.00 X 158500 0 4428 TYLER DONAHUE EX DIR-PROVIDENCE PLACE 40.00 X 145349 0 5154 TONY YEBOAH REGISTERED NURSE 108.50 X 173131 0 0 DARCI FIALA REGISTERED NURSE 40.00 X 141072 0 3985 XINLAN WANG REGISTERED NURSE 57.90 X 139884 0 1722 883936 0 15289 28 0 1 0 CURA HOSPITALITY LLC 300 SOUTH TRYON STREET STE 400 CHARLOTTE NC 28202 DIETARY SERVICES 4644150 AEGIS THERAPIES INC 1000 BEVERLY WAY FORT SMITH AZ 72919 THERAPY SERVICES 2950650 TWSL LLC 7400 WEST 109TH STREET BLOOMINGTON MN 55438 HEALTHCARE MANAGEMENT 2777931 HEALTHEAST MEDICAL LABORATORY 69 W EXCHANGE STREET ST PAUL MN 55102 LABORATORY SERVICES 2055153 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19020 HOUSEKEEPING SERVICES 1830441 14 5527215 5527215 RESIDENT SERVICES 623000 56371326 56371326 56371326 283465 283465 4785 0 4785 4785 4785 1162085 1162085 8423 0 -8423 -8423 -8423 MISCELLANEOUS REVENUE 623000 549351 549351 549351 62727719 56371326 0 829178 X 57814 57814 126000 126000 24007101 21752911 2254190 2177602 1973132 204470 1840006 1416977 423029 3101670 3101670 82641 82641 160722 160722 11930398 11298363 632035 276748 276748 2877685 1961164 916521 79834 79834 2922221 1868329 1053892 9734 9734 152866 152866 3406026 3174679 231347 3814390 3497110 317280 799428 799428 MEDICAL SURCHARGE 1252502 1252502 COVID TESTING & SUPPLIE 810837 810837 PROVISION FOR BAD DEBTS 706759 706759 LICENSES 211862 211862 206973 206973 61011819 50638663 10373156 0 8657096 6097846 3577130 3142707 5852860 6099131 500000 500000 547959 581382 78218820 42192705 53734438 36026115 4655573 19896969 6557238 7035532 84082294 79379682 5268971 5771849 37463017 36942546 328359 390901 37182947 36584935 6117632 591192 86360926 80281423 X -2366398 -989516 87766 87775 -2278632 -901741 84082294 79379682 X 1715900 42297 -381306 X X 0 1 X 1 1 1 X 293123 90228 110214 3190235 5527215 9211015 53189889 59503067 61829464 58678388 56371326 289572134 9517 9005 7057 25579 53492529 59602300 61946735 61868623 61898541 298808728 0 0 0 298808728 187245 559638 361024 343353 283465 1734725 187245 559638 361024 343353 283465 1734725 254010 459467 315580 416558 549351 1994966 53933784 60621405 62623339 62628534 62731357 302538419 0.98770 0.96600 0.00570 0.00680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3326915 3326915 65582743 35477456 30105287 8931558 6715249 2216309 377604 377604 36026115 COVENIRE CARE NOKOMIS, LLC 1329533 C THE WATERS OF EDEN PRAIRIE INVESTERS, LLC 2540815 F THE WATERS OF PEWAUKEE JV MEMBER, LLC 682153 F PROPERTY HELD FOR SALE 15344468 C 19896969 RESIDENT TRUST FUND 390901 ESCROW DEPOSITS 628655 REPLACEMENT RESERVE 2246465 RESIDUAL RECEIPTS RESERVE 1884157 FUNDS HELD UNDER BOND INDENTURE 1885354 7035532 DEFERRED RENT 549120 UNCLAIMED PROPERTY 33091 CAPITAL LEASE OBLIGATION 8981 591192 X PART IV, LINE 2B: THE RESIDENT TRUST FUNDS ARE PATIENT PERSONAL FUNDS THAT ARE HELD BY THE FACILITY. THE FUNDS BELONG TO THE RESIDENTS AND FACILITY MAINTAINS DETAIL ON DEPOSITS/WITHDRAWALS PER MN DHS GUIDELINES. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THAT THE ORGANIZATION EVALUATE TAX POSITIONS AND RECOGNIZE A LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. THE ORGANIZATION HAS ANALYZED ITS TAX POSITIONS AND CONCLUDED THAT AS OF DECEMBER 31, 2021 AND 2020 THERE WERE NO UNCERTAIN TAX POSITIONS TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDIT BY TAX AUTHORITIES, HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY OPEN TAX PERIODS IN PROGRESS. 1 SCHOLARSHIPS 10 11837 PART I, LINE 2: EMPLOYEE SCHOLARSHIPS AND GRANTS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION UPON RECEIPT OF A LETTER OF ACCEPTANCE OR AN INVOICE. FOR GRANTS TO OTHER ORGANIZATIONS, SENIOR CARE COMMUNITIES DOES NOT HAVE A FORMAL MONITORING PROCESS. SCHEDULE I, PART III: AMOUNTS SHOWN IN PART III OF SCHEDULE I ARE DISBURSEMENTS MADE DURING THE TAX YEAR OF ACCRUALS MADE IN A PRIOR TAX YEAR. THERE WERE NO NEW SCHOLARSHIP AMOUNTS EXPENSED OR APPROVED DURING THE TAX YEAR. X 0 0 0 0 0 0 0 0 0 TONY YEBOAH REGISTERED NURSE 173131 0 0 0 0 0 0 0 0 0 173131 0 0 0 MICHAEL KAREL EX DIR-WOODBURY SENIOR LIV 158500 0 0 0 0 0 0 0 4428 0 162928 0 0 0 TYLER DONAHUE EX DIR-PROVIDENCE PLACE 145349 0 0 0 0 0 0 0 5154 0 150503 0 0 0 A HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL MINNESOTA 521440935 85233KAB1 2014-08-13 21935000 ACQUISITION OF PROPERTY 0 0 0 B WASHINGTON COUNTY COMMUNITY DEVELOPMENT AGENCY 411408079 93778CAD0 2016-08-19 17685000 REFINANCE SERIES 2007 BONDS 0 0 0 A 2600347 21935000 969500 418700 515000 20031800 2015 0 0 1 1 B 860000 17685000 1146806 15924477 348200 265516 2016 1 1 1 1 A 1 0 0 0 0 0 1 B 1 0 0 0 0 0 1 A 0 0 0 1 1 0 0 1 1 B 0 0 0 1 0 0 0 0 1 A 0 B 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HOUSING AND REDEVELOPMENT AUTHORITY OF THE CITY OF SAINT PAUL, DATE THE REBATE COMPUTATION WAS PERFORMED: 09/25/2019 ISSUER NAME: WASHINGTON COUNTY COMMUNITY DEVELOPMENT AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/01/2021 SCHEDULE K, PART IV, LINE 6, COLUMN A: 2-YEAR SPENDING EXCEPTION: THE ARBITRAGE RULES PROVIDE AN EXCEPTION FROM THE REBATE REQUIREMENTS FOR AVAILABLE CONSTRUCTION PROCEEDS IF AT LEAST 75% OF SUCH PROCEEDS ARE USED FOR CONSTRUCTION PURPOSES AND IF SUCH PROCEEDS ARE ALLOCATED TO EXPENDITURES FOR A GOVERNMENTAL PURPOSE OF THE ISSUE IN ACCORDANCE WITH THE FOLLOWING SPENDING CRITERIA: (A) AT LEAST 10% OF THE AVAILABLE CONSTRUCTION PROCEEDS WERE SPENT WITHIN SIX MONTHS AFTER THE DATE OF ISSUE; (B) 45% OF SUCH PROCEEDS WERE SPENT WITHIN ONE YEAR; (C) 75% OF SUCH PROCEEDS WERE SPENT WITHIN 18 MONTHS; AND (D) 100% OF SUCH PROCEEDS WERE SPENT WITHIN TWO YEARS. THE 100% EXPENDITURE REQUIREMENT WITHIN TWO YEARS IS TREATED AS MET IF A REASONABLE RETAINAGE AMOUNT, NOT TO EXCEED 5%, IS SPENT WITHIN THREE YEARS AFTER THE DATE OF ISSUE. DURING A PRIOR REPORTING PERIOD, AVAILABLE GROSS PROCEEDS OF THE ISSUE ALLOCATED TO EXPENDITURES FOR A GOVERNMENTAL PURPOSE WERE NOT EXPENDED IN ACCORDANCE WITH THE SPENDING CRITERIA ABOVE. THEREFORE, THE ISSUE HAS FAILED TO QUALIFY FOR THE 2-YEAR SPENDING EXCEPTION AND HAS BEEN INCLUDED IN THE EXCESS EARNINGS CALCULATIONS FOR REBATE. THE SERIES 2014A NOTE IS A DRAW-DOWN NOTE AND AS SUCH, THERE ARE NO EXCESS EARNINGS RELATED TO THIS PORTION OF THE OBLIGATION. TEMPORARY PERIOD: THE NET SALE PROCEEDS AND INVESTMENT PROCEEDS OF AN ISSUE REASONABLY EXPECTED TO BE ALLOCATED TO EXPENDITURES FOR CAPITAL PROJECTS QUALIFY FOR A TEMPORARY PERIOD OF THREE YEARS BEGINNING AT THE ISSUE DATE. PROCEEDS NOT EXPENDED DURING A TEMPORARY PERIOD BECOME SUBJECT TO YIELD RESTRICTION AT THE BOND YIELD PLUS 0.125% (ONE-EIGHTH PERCENT) THREE YEARS AFTER THE DATE OF ISSUE. THERE ARE NO EXCESS EARNINGS ATTRIBUTABLE TO YIELD RESTRICTION OF PROCEEDS FOR THE REPORTING PERIOD SINCE ALL DISBURSED PROJECT FUNDS WERE EXPENDED WITHIN THE TEMPORARY PERIOD. A FINAL DRAW ON THE SERIES 2014A NOTE WAS MADE FOLLOWING THE END OF THE TEMPORARY PERIOD; HOWEVER, THERE ARE NO EXCESS EARNINGS ATTRIBUTABLE SINCE PROCEEDS WERE EXPENDED AS OF THE SEPTEMBER 8, 2017 DRAW DATE. TWSL LLC MAJOR CONTRIBUTOR 2777931 HEALTHCARE MANAGEMENT SERVICES 0 THE WATERS SENIOR LIVING MAJOR CONTRIBUTOR 515188 HEALTHCARE MANAGEMENT SERVICES 0 FORM 990, PART VI, SECTION A, LINE 3 SENIOR CARE COMMUNITIES DELEGATED CONTROL OVER MANAGEMENT DUTIES TO TWSL, LLC AND THE WATERS SENIOR LIVING. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM WAS SENT OUT ELECTRONICALLY TO ALL BOARD MEMBERS WHO REVIEW AND APPROVED THE FORM VIA ELECTRONIC VOTING PROCESS. FORM 990, PART VI, SECTION B, LINE 12C SR. CARE COMMUNITIES APPROVED THE FOLLOWING CONFLICT OF INTEREST POLICY ON 5/7/2009. THE FOLLOWING PERSONS ARE "KEY PERSONS" FOR THE PURPOSES OF THE CONFLICT OF INTEREST POLICY: A MEMBER OF THE BOARD OF DIRECTORS, A MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS, AN OFFICER OF THE CORPORATION, A FAMILY MEMBER DEFINED AS A SPOUSE, PARENT, CHILD, SIBLING OR SPOUSE OF A SIBLING. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST. ONCE A POTENTIAL CONFLICT OF INTEREST HAS BEEN DISCLOSED: THE KEY PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING AT WHICH THE TRANSACTION WILL BE DISCUSSED, BUT AFTER SUCH PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY PRIOR TO MAKING ITS DECISION WHETHER OR NOT TO PARTICIPATE IN THE PROPOSED TRANSACTION OR ARRANGEMENT. THE CHAIR OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OR COMMITTEE SHALL USE DUE DILIGENCE TO DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. AFTER CONSIDERATION, THE BOARD OR COMMITTEE MAY DETERMINE THAT A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF SO, THE BOARD OR COMMITTEE MAY DECIDE, BY A MAJORITY VOTE, TO ENTER INTO A TRANSACTION INVOLVING A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS RECEIVE MINIMAL COMPENSATION FOR THEIR SERVICES TO SENIOR CARE COMMUNITIES, INC. DETERMINATION OF THEIR COMPENSATION IS BASED ON THE AMOUNT OF TIME DEDICATED TO THE ORGANIZATION IN THE PRIOR YEAR AND INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION. THIS PROCESS WAS LAST UNDERTAKEN FOR ALL OFFICERS IN 2020. FORM 990, PART VI, SECTION C, LINE 18 THE 990 IS AVAILABLE UPON REQUEST OR AT WWW.GUIDESTAR.ORG WHILE OTHER DOCUMENTS ARE ONLY AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON REQUEST. FORM 990, PART IX, LINE 11G MEDICAL AND PATIENT SERVICES: PROGRAM SERVICE EXPENSES 10,951,472. MANAGEMENT AND GENERAL EXPENSES 632,035. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,583,507. REGISTRY: PROGRAM SERVICE EXPENSES 346,891. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 346,891. FORM 990, PART XI, LINE 9: LOSS ON EQUITY METHOD INVESTMENTS -381,306. FORM 990, PART XII, LINE 2C: NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS OF THE INDEPENDENT ACCOUNTANT CHANGED DURING THE TAX YEAR. SENIOR CARE PROVIDENCE LLC 370 23RD AVENUE SOUTH MINNEAPOLIS MN 55407 260429826 SKILLED NURSING DE 21890324 18333743 SENIOR CARE COMMUNITIES INC SENIOR CARE FOREST LAKE LLC 604 NE FIRST STREET FOREST LAKE MN 55025 208316264 SKILLED NURSING AND ASSISTED LIVING DE 11999677 11294090 SENIOR CARE COMMUNITIES INC SENIOR CARE WOODBURY LLC 7012 LAKE DRIVE WOODBURY MN 55125 208316216 SKILLED NURSING AND ASSISTED LIVING DE 23008705 24260741 SENIOR CARE COMMUNITIES INC THE WATERS OF HIGHLAND PARK LLC 678 SNELLING AVENUE S ST PAUL MN 55116 471154954 ASSISTED LIVING MN 5565736 16840902 SENIOR CARE COMMUNITIES INC THE WATERS OF EDEN PRAIRIE INVESTORS LLC 1600 HOPKINS CROSSROAD MINNETONKA MN 55305 474586845 ASSISTED LIVING MN N/A RELATED 411811 7576867 0 0 0.71510 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE WATERS OF EDEN PRAIRIE INVESTORS LLC S 170407 CASH (DISTRIBUTIONS)