2021-11-15T11:04:09-06:00 2020-12-31 381357951 PLANTE & MORAN PLLC 250 S HIGH ST SUITE 100 COLUMBUS OH 43215 990 2020-01-01 610597708 KENTON HOUSING INC KENT 8594312244 4250 GLENN AVENUE LATONIA KY 410151641 LONDA KNOLLMAN EXECUTIVE DIRECTOR 8594312244 2021-11-09 1 LONDA KNOLLMAN 999009999 AMY CIMINELLO P00796388 6148493000 2021-11-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROSEDALE GREEN LONDA KNOLLMAN 4250 GLENN AVENUE LATONIA KY 410151641 26376569 0 X WWW.ROSEDALEGREEN.ORG X 1962 KY PROVIDE CARE FOR RESIDENTS THAT HONORS THEIR PAST, ENRICHES THEIR PRESENT AND EMPOWERS THEIR FUTURE. 16 16 421 25 0 0 1603 3299416 24859360 22427230 518577 644432 42337 5491 25421877 26376569 0 0 0 0 11604113 10386502 0 0 0 13601219 15778746 25205332 26165248 216545 211321 64114341 65339441 48771012 48540596 15343329 16798845 PROVIDE A COMMUNITY OF CARE FOR RESIDENTS THAT HONORS THEIR PAST, ENRICHES THEIR PRESENT AND EMPOWERS THEIR FUTURE. 0 0 23277642 0 22427230 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 2020 WE PROVIDED APPROXIMATELY $5.2 MILLION IN CHARITABLE CARE. 23277642 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 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 41 0 1 421 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 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 LONDA KNOLLMAN EXECUTIVE DIRECTOR 40.00 X 222958 0 32369 BRAD STANFORD ADMINISTRATOR - ERMERALD T 40.00 X 137118 0 31979 DAVID BOYER CFO 40.00 X 133107 0 31895 KARA KNOCHELMAN DIRECTOR OF NURSING 40.00 X 112256 0 12803 MARY JO MARINELLO CLINICAL CARE COORDINATOR 40.00 X 101651 0 12729 KELLY SIMMONS BOARD CHAIRMAN 2.00 X X 0 0 0 DR MARK MIDDENDORF BOARD VICE CHAIRMAN 2.00 X X 0 0 0 STEVE WOLNITZEK SECRETARY 2.00 X X 0 0 0 TOM SCHOMAKER 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 JERRY NEUHAUS BOARD MEMBER 2.00 X 0 0 0 JEFF SEWELL BOARD MEMBER 2.00 X 0 0 0 GENE WEAVER BOARD MEMBER 2.00 X 0 0 0 JOSEPH BOZZELLI BOARD MEMBER 2.00 X 0 0 0 KAYLA KNOCHELAMN - FISHER BOARD MEMBER 2.00 X 0 0 0 ERIC SCHIEMAN BOARD MEMBER 2.00 X 0 0 0 TIFFANY PORTER-SHABAZZ BOARD MEMBER 2.00 X 0 0 0 707090 0 121775 5 0 1 0 PRN SERVICES LLC 18 COMMONWEALTH AVE ERLANGER KY 41018 AGENCY NURSING STAFF 965338 PRIME TIME HEALTHCARE LLC PO BOX 3544 OMAHA NE 68013 AGENCY NURSING STAFF 602444 CARE HERE LLC 5141 VIRGINIA WAY SUITE 350 BRENTWOOD TN 37027 PRIMARY CARE CLINIC 212009 3 3296596 2820 3299416 ROOM REIMBURSEMENT/RESIDENT SERVI 623000 22427230 22427230 22427230 644432 644432 CABLE/TV/PHONE 900099 1758 1758 BARBER/BEAUTY 900099 1727 1727 VENDING INCOME 900099 1561 1561 445 445 5491 26376569 22427230 0 647371 X 420328 420328 8169732 7211707 958025 1169500 1043609 125891 626942 530314 96628 18527 18527 171400 171400 83527 83527 7143054 6885286 257768 67587 67587 472346 222099 250247 1107542 1065455 42087 3499 2066 1433 2715970 2612763 103207 1738476 1672414 66062 470838 452946 17892 MEDICAL SUPPLIES 1028471 1028471 BAD DEBT 542589 542589 PROVIDER TAX 202682 202682 RAW FOOD 60 60 12178 7863 4315 26165248 23277642 2887606 0 526339 1411800 2667017 2868598 312554 268094 49805054 10995181 40363545 38809873 14691203 16220413 5553683 5760663 64114341 65339441 2268385 2262176 353500 46509068 45924920 -6441 0 48771012 48540596 X 15343329 16798845 15343329 16798845 64114341 65339441 211321 1244195 0 X X 0 1 X 1 0 X 2643 498 833 1603 3299416 3304993 17409759 19427411 24101993 24859360 22427230 108225753 21887 16227 14735 42337 95186 17434289 19444136 24117561 24903300 25726646 111625932 0 0 0 111625932 250324 299469 369439 518577 644432 2082241 250324 299469 369439 518577 644432 2082241 5491 5491 17684613 19743605 24487000 25421877 26376569 113713664 0.98160 0.98630 0.01830 0.01370 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CABLE/TV/PHONE - 2020 AMOUNT: $ 1,758. BARBER/BEAUTY - 2020 AMOUNT: $ 1,727. VENDING INCOME - 2020 AMOUNT: $ 1,561. ALL OTHER REVENUE - 2020 AMOUNT: $ 445. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3537 3537 0 PART II-B, LINE 1: MEMBERSHIP DUES IN THE AMOUNT OF $12,862 WERE PAID TO KENTUCKY ASSOCIATION OF HEALTH CARE FACILITIES, OF WHICH $2,210 RELATES TO LOBBYING ACTIVITIES. MEMBERSHIP DUES IN THE AMOUNT OF $4,738 WERE PAID TO ACHA, OF WHICH $1,327 RELATES TO LOBBYING ACTIVITIES. 2332616 2332616 42500226 8711142 33789084 4520510 1843823 2676687 451702 440216 11486 38809873 OPERATING RIGHTS 1034366 ASSETS LIMITED TO USE 4726297 5760663 27537237 1244195 1244195 26293042 83527 83527 26376569 26081721 0 26081721 83527 83527 26165248 PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF INVESTMENT FEES 83,527. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF INVESTMENT FEES 83,527. X X X X 0 0 0 0 0 0 0 1 0 LONDA KNOLLMAN EXECUTIVE DIRECTOR 161456 0 35000 0 26502 0 0 0 32369 0 255327 0 0 0 BRAD STANFORD ADMINISTRATOR - ERMERALD T 121118 0 16000 0 0 0 0 0 31979 0 169097 0 0 0 DAVID BOYER CFO 102607 0 11000 0 19500 0 0 0 31895 0 165002 0 0 0 PART I, LINE 3 ROSEDALE GREEN'S EXECUTIVE DIRECTOR'S COMPENSATION IS 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. 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 1850000 49798955 3804523 4922485 6238681 977257 105143 33435177 10000 305689 2017 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 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 OF $49,798,955 ARE SALE PROCEEDS OF $48,862,737 PLUS AGGREGATE INVESTMENT PROCEEDS OF $936,218 (COMPRISED OF $53,597 OF INVESTMENT PROCEEDS ON INTEREST FUND PLUS $613,381 INVESTMENT PROCEEDS ON DEBT SERVICE RESERVE FUND PLUS $269,239 OF INVESTMENT PROCEEDS ON 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 $33,445,177 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 $29,329,757 AS OF DECEMBER 31, 2019. 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 THE ORGANIZATION HAS CONTRACTED WITH A REBATE ANALYST TO HAVE THE REBATE CALCULATION COMPLETED. 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 2,422,263. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,422,263. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 4,437,653. MANAGEMENT AND GENERAL EXPENSES 34,542. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,472,195. PHARMACY CONSULTANT: PROGRAM SERVICE EXPENSES 25,370. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,370. IT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 215,739. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,739. OTHER SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,487. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,487. 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.