2022-11-11T13:39:10-06:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2021-01-01 411823545 OAK MEADOWS OAKM 6515780676 8131 4TH STREET NORTH OAKDALE MN 55128 JOHN KUHRMEYER BOARD CHAIR 6515780676 2022-11-10 1 JOHN KUHRMEYER 999009999 MATT WOCKEN P01329381 6123764500 2022-11-10 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z NANCY NEUBAUER 8131 4TH STREET NORTH OAKDALE MN 55128 4012962 0 X WWW.OAK-MEADOWS.ORG X 1995 MN PROVIDE INDEPENDENT, ASSISTED AND MEMORY CARE HOUSING AND SERVICES TO SENIORS. 9 9 125 15 0 0 54839 252402 3311031 3686880 3932 599 44801 57108 3414603 3996989 0 0 0 0 1347288 2123660 0 0 0 2213251 2617866 3560539 4741526 -145936 -744537 9389810 8408001 8271046 7988391 1118764 419610 X OAK MEADOWS EXISTS TO PROVIDE A DIGNIFIED LIVING ENVIRONMENT THAT EMBODIES GOD'S LOVE FOR ALL AND IS DEDICATED TO THE WELL-BEING OF OUR TENANTS, THEIR FAMILIES AND OUR STAFF. OAK MEADOWS PROVIDES INDEPENDENT, ASSISTED AND MEMORY CARE HOUSING AND SERVICES TO SENIORS IN OUR COMMUNITY. 0 0 4026997 3687930 THE ORGANIZATION OWNS AND OPERATES A 48-UNIT ASSISTED LIVING FACILITY, A 62-UNIT INDEPENDENT LIVING FACILITY, AND A 12-UNIT MEMORY CARE FACILITY FOR THE ELDERLY. DURING THE YEAR ENDED DECEMBER 31, 2021, THE OCCUPANCY PERCENTAGE WAS 88.8% FOR THE ASSISTED LIVING FACILITY, 86.5% FOR THE INDEPENDENT LIVING FACILITY, AND 68.9% FOR THE MEMORY CARE FACILITY. 4026997 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 13 0 1 125 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 MN X AGEANE REED 6515780676 8131 FOURTH STREET N OAKDALE MN 55128 NANCY NEUBAUER PRESIDENT 1.00 X X 0 0 0 JOHN KUHRMEYER VICE PRESIDENT 1.00 X X 0 0 0 ELIZABETH O'MARA SECRETARY 1.00 X X 0 0 0 RITA SHEPARD TREASURER 1.00 X X 0 0 0 DENNIS PETERSON DIRECTOR 1.00 X 0 0 0 REV BRIAN OLSON DIRECTOR 1.00 X 0 0 0 LARRY WILFORD DIRECTOR 1.00 X X 0 0 0 VI LINCOWSKI DIRECTOR 1.00 X 0 0 0 ROBERT PETERSON DIRECTOR 1.00 X 0 0 0 DEBORAH VEIT EXECUTIVE DIRECTOR 40.00 X 80366 0 5003 80366 0 5003 0 0 0 0 REINHART FOODSERVICE LLC 13400 COMMERCE BLVD PO BOX 58 ROGERS MN 55374 FOOD 199554 1 10100 224577 17725 252402 TENANT SERVICES 623110 3471251 3471251 MEAL INCOME 623110 215629 215629 3686880 599 599 25207 0 25207 25207 25207 17023 15973 1050 1050 MISCELLANEOUS 623110 19840 19840 GUEST MEALS 623110 4921 4921 HOUSEKEEPING 623110 3880 3880 2210 2210 30851 3996989 3687930 0 56657 85207 85207 1631930 1542965 88965 13775 13637 138 268254 265571 2683 124494 123249 1245 15045 15045 34728 34728 245602 172478 73124 124790 124790 233149 213073 20076 501903 464104 37799 8747 8747 3871 3871 287408 284534 2874 668088 661407 6681 68436 68436 FOOD 171660 171660 LOAN FEES 91319 91319 MISCELLANEOUS 90496 2290 88206 DUES & SUBSCRIPTION 22883 22883 49741 34846 14895 4741526 4026997 714529 0 70893 141477 470131 486313 7302 3503 27240 31072 17554580 10087418 7642061 7467162 939427 0 191714 233435 41042 45039 9389810 8408001 489840 540744 7703265 7368270 45941 57327 6800 25200 22050 8271046 7988391 X 910026 162734 208738 256876 1118764 419610 9389810 8408001 -744537 45383 0 X X 0 1 X 1 0 X 41247 82927 30138 54839 252402 461553 3191404 3347393 3417712 3311031 3686880 16954420 36648 44065 47345 27094 28034 183186 3269299 3474385 3495195 3392964 3967316 17599159 0 0 0 17599159 23227 36762 44376 29311 25806 159482 23227 36762 44376 29311 25806 159482 5923 134 14766 2900 19840 43563 3298449 3511281 3554337 3425175 4012962 17802204 0.98860 0.98890 0.00900 0.00950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 21684 3075 24759 17532 4149 3 21678 14103 4557 1128 17532 17633 -2119 1411 14103 16608 2353 1328 17633 0.57000 0.43000 1 0 1174889 1174889 12525804 7182450 5343354 3853886 2904967 948919 7467162 SPECIAL ASSESSMENTS 22050 22050 X PART IV, LINE 2B: AS A CONDITION OF OCCUPANCY, RESIDENTS ARE REQUIRED TO MAKE SECURITY DEPOSITS. THE DEPOSITS ARE REFUNDABLE UPON LEAVING. PART V, LINE 4: THE PRIMARY PURPOSE OF THE ARTS PROGRAMMING ENDOWMENT FUND IS TO SUPPORT THE ARTS PROGRAM THROUGH INTEREST EARNED ON THE RESTRICTED INVESTMENT. THE FUNDS ARE HELD IN UNITED CHURCH FUNDS. PART X, LINE 2: THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). ACCORDINGLY, THE CORPORATION IS NOT SUBJECT TO FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE IRC. THE CORPORATION IS CLASSIFIED AS A PUBLICLY- SUPPORTED CHARITABLE ORGANIZATION UNDER SECTION 509(A)(2) OF THE IRC AND CONTRIBUTIONS TO THE CORPORATION QUALIFY AS A CHARITABLE TAX DEDUCTION BY THE DONOR. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE CONSISTS OF PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE MAY EXERCISE ALL POWERS OF THE BOARD DURING INTERVALS BETWEEN MEETINGS OF THE BOARD, EXCEPT THAT THE EXECUTIVE COMMITTEE MAY NOT TAKE ACTION WITH RESPECT TO THE DISPOSITION OF PROPERTY IN THE EVENT OF DISSOLUTION OF THIS CORPORATION, THE DISPOSITION OF MATERIAL ASSETS OF THIS CORPORATION, OR THE INCURRING OF CORPORATE INDEBTEDNESS IN ANY AMOUNT IN EXCESS OF TEN THOUSAND DOLLARS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE TREASURER AND THE FINANCE COMMITTEE AND PRESENTED TO THE FULL BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OAK MEADOWS' CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT. EACH MEMBER OF THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT IS REQUIRED TO ANNUALLY SIGN A FORM DISCLOSING POSSIBLE CONFLICTS OF INTEREST. DURING ANY BOARD OR COMMITTEE MEETINGS, AN INDIVIDUAL WITH AN ACTUAL OR POTENTIAL CONFLICT IS REQUIRED TO DISCLOSE THE RELEVANT FACTS BEFORE ANY DISCUSSION OCCURS. IF IT IS UNCLEAR WHETHER A CONFLICT EXISTS, THE REMAINING BOARD MEMBERS MAKE THE DETERMINATION BY MAJORITY VOTE. IF AN INDIVIDUAL HAS A CONFLICT, THEY MAY NOT PARTICIPATE IN DISCUSSIONS OR VOTES CONCERNING THE MATTER. IF A MEMBER OF SENIOR MANAGEMENT HAS A CONFLICT, THEY DISCLOSE THE FACT TO THE CEO AND TO THE PRESIDENT OF THE BOARD OF DIRECTORS. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE BOARD OF DIRECTORS DETERMINES THE EXECUTIVE DIRECTOR'S SALARY BASED ON A RECOMMENDATION FROM THE PERSONNEL COMMITTEE AS PART OF THE ANNUAL BUDGETING PROCESS. PER THE BOARD GOVERNANCE POLICY, THE PERSONNEL COMMITTEE COMPLETES A REVIEW OF THE EXECUTIVE DIRECTOR'S PERFOMRANCE BASED ON THE CRITERIA OUTLINED IN THE POLICY. ADDITIONALLY, THE PERSONNEL COMMITTEE PREPARES A SALARY RECOMMENDATION BASED ON THE RESULTS OF THE REVIEW, CURRENT ECONOMIC CONDITIONS, INCLUDING THE FINANCIAL STATUS OF OAK MEADOWS, AND KNOWLEDGE OF COMPETITIVE SALARIES. FOR THE HIRING OF THE NEW EXECUTIVE DIRECTOR, THE BOARD DID A THOROUGH ANALYSIS OF SALARIES WITHIN THE SENIOR LIVING MARKET AND SURROUNDING SENIOR LIVING COMMUNITIES SIMILAR IN SIZE TO OAK MEADOWS. THIS PROCESS WAS LAST COMPLETED IN MAY 2017, FOR EXECUTIVE DIRECTOR, DEBORAH VEIT. OTHER KEY EMPLOYEES' SALARIES ARE DETERMINED BY COMPETITIVE RATES WITHIN THE FIELD AS DETERMINED BY SALARY COMPENSATION SURVEYS PROVIDED THROUGH CARE PROVIDERS OF MINNESOTA AND AGING SERVICES, LENGTH OF SERVICE AND PERFORMANCE. ALL SALARIES ARE APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN 2017. FORM 990, PART VI, SECTION C, LINE 19 OAK MEADOWS' FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE FILING YEAR. ST PAUL'S FAMILY RESOURCES FOUNDATION 8131 FOURTH STREET NORTH OAKDALE MN 55128 411406562 MAINTAIN INVESTMENT ASSETS FOR SUPPORTED ORGANIZATIONS MN 501(C)(3) LINE 12A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0