2021-02-15T16:42:59-06:00 2020-03-31 410746749 CliftonLarsonAllen LLP 20 E THOMAS RD STE 2300 PHOENIX AZ 85012 990 2019-04-01 850282570 La Vida Llena LAVI 5059234832 10501 Lagrima de Oro NE Albuquerque NM 871113737 E DeAnn Eaton Chief Executive Officer 5059234831 2021-02-15 1 Jeff Parker P00970069 6022662248 2021-02-15 2019 2022-09-23 18:48:47Z E DeAnn Eaton 10501 Lagrima de Oro NE Albuquerque NM 871113737 139142080 0 X www.lavidallena.com X 1979 NM Provide quality housing, care and services to the seniors of the Life Care Retirement Community 11 11 393 60 0 0 48111 68469 27154157 26846806 2706112 2359125 509014 473062 30417394 29747462 0 0 0 0 12027081 9617993 0 0 0 11867117 15890488 23894198 25508481 6523196 4238981 114241632 164283868 103223062 152316552 11018570 11967316 LA VIDA LLENA WILL PROVIDE RESIDENTS AN ENHANCED PERSONALIZED LIFESTYLE AND IS A COMMUNITY THAT ENHANCES THE LIFE OF SENIORS IN A SAFE PREMIER LIVING ENVIRONMENT THAT FOSTERS EXCELLENT SERVICES BY A CARING STAFF. 0 0 23839046 26846806 La Vida Llena serves approximately 450-500 senior residents by providing housing and healthcare in 382 independent living apartments; 50 dually certified health care beds; 84 licensed assisted living rooms and memory care beds. 23839046 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 51 0 393 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NM X ANGIE JULIAN 5052913100 10701 Montgomery Blvd NE Suite F ALBUQUERQUE NM 871113737 Lyle Peterson LVL Board Chair 1.00 X X 0 0 0 Zane Myers LVL Board Vice Chair 1.00 X X 0 0 0 Tim Strongin Member 1.00 X 0 0 0 Bonnie Hardesty Member 1.00 X 0 0 0 Bette Allen MD Member 1.00 X 0 0 0 Karen Aylor Member 1.00 X 0 0 0 Reuben Thomas Member 1.00 X 0 0 0 Maryann Harris Member 1.00 X 0 0 0 Linda Manning Member 1.00 X 0 0 0 Terry Shirrod Member 1.00 X 0 0 0 Robert Vick Jr Member 1.00 X 0 0 0 E Deann Eaton CEO 25.00 15.00 X 0 262570 23487 Angie Julian CFO 25.00 15.00 X 0 0 0 Andre Hawkins Past CFO 25.00 15.00 X 0 109120 7787 Don May Past CFO 25.00 15.00 X 0 28115 1235 Linda Givens Executive Director 40.00 0.00 X 0 133249 14749 David Walbright Director of Sales and Marketing 0.00 20.00 X 0 136562 14816 0 669616 62074 0 0 1 0 Cliftonlarsonallen llp PO Box 3101-2433 Pasadena CA 911102433 audit services 170631 High Voltage 2701 bryan ct sw albuquerque NM 87105 electrical services 116713 Beehive 3535 princeton dr ne albuquerque NM 87107 leased property 116175 3 46462 22007 68469 RESIDENTIAL SERVICES REVENUE 623000 14128821 14128821 AMORTIZATION OF ENTRANCE FEES 623000 7182737 7182737 HEALTHCARE SERVICES REVENUE 623000 5535248 5535248 26846806 1677799 1677799 110072901 3043 109394618 0 678283 3043 681326 681326 guest room 623000 115398 115398 Beauty shops 623000 114586 114586 Parking/Transportation 623000 62643 62643 180435 180435 473062 29747462 26846806 0 2832187 418194 418194 8143305 7902917 240388 325532 300491 25041 64494 59533 4961 666468 615201 51267 58904 58904 22755 22755 103661 103661 671765 657155 14610 330439 31347 299092 3904692 3770748 133944 1342677 1312916 29761 52423 52423 3314483 3241017 73466 3745384 3662367 83017 Dietary / Food 1232632 1205310 27322 Equipment rental 751026 734379 16647 DUES & SUBSCRIPTION 115710 106809 8901 MISCELLANEOUS 100777 98543 2234 143160 140313 2847 25508481 23839046 1669435 0 2925761 5721182 2186318 2558376 20513776 3481440 42017 48188 300212 557804 100599064 53933677 39508691 46665387 44294147 103108969 4470710 2142522 114241632 164283868 3036707 4268300 23725864 24181413 54250979 103029818 22209512 20837021 103223062 152316552 X 11018570 11967316 11018570 11967316 114241632 164283868 X 4238981 -2281000 -59228 -950007 X X 0 1 X 1 0 X 71545 61031 46054 48111 68469 295210 27104740 25550017 26866566 27154157 26846806 133522286 27176285 25611048 26912620 27202268 26915275 133817496 0 0 0 133817496 991062 1206119 1981261 2261838 1677799 8118079 991062 1206119 1981261 2261838 1677799 8118079 434740 469691 479382 509014 473062 2365889 28602087 27286858 29373263 29973120 29066136 144301464 0.92730 0.92900 0.05630 0.05470 X Schedule A, Part III, Line 12, Explanation of Other Income: GUEST ROOM INCOME - 2015 Amount: $ 86,347. 2016 Amount: $ 105,428. 2017 Amount: $ 107,289. 2018 Amount: $ 113,603. 2019 Amount: $ 115,398. CORNER CAFE - 2015 Amount: $ 36,080. 2016 Amount: $ 25,328. 2017 Amount: $ 24,061. 2018 Amount: $ 23,724. 2019 Amount: $ 21,392. GUEST MEALS - 2015 Amount: $ 106,980. 2016 Amount: $ 49,741. 2017 Amount: $ 40,771. 2018 Amount: $ 37,407. 2019 Amount: $ 41,207. CATERING - 2015 Amount: $ 21,006. 2016 Amount: $ 21,925. 2017 Amount: $ 13,907. 2018 Amount: $ 4,984. 2019 Amount: $ 4,272. GENERAL STORE - 2015 Amount: $ 7,690. 2016 Amount: $ 5,176. 2017 Amount: $ 5,733. 2018 Amount: $ 5,191. 2019 Amount: $ 6,300. beauty shop - 2015 Amount: $ 112,676. 2016 Amount: $ 110,324. 2017 Amount: $ 115,138. 2018 Amount: $ 123,475. 2019 Amount: $ 114,586. housekeeping/laundry - 2015 Amount: $ 5,438. 2016 Amount: $ 6,024. 2017 Amount: $ 7,518. 2018 Amount: $ 6,196. 2019 Amount: $ 5,491. parking/transportation - 2015 Amount: $ 61,975. 2016 Amount: $ 63,950. 2017 Amount: $ 64,912. 2018 Amount: $ 68,461. 2019 Amount: $ 62,643. miscellaneous - 2015 Amount: $ -14,542. 2016 Amount: $ 23,652. 2017 Amount: $ 8,011. 2018 Amount: $ 49,585. 2019 Amount: $ 33,049. supplies/postage - 2015 Amount: $ 11,090. 2016 Amount: $ 10,533. 2017 Amount: $ 10,519. 2018 Amount: $ 10,154. 2019 Amount: $ 7,777. Maintenance Revenue - 2016 Amount: $ 47,610. 2017 Amount: $ 81,523. 2018 Amount: $ 66,234. 2019 Amount: $ 60,947. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7619646 7619646 70357440 45410881 24946559 13578039 8522796 5055243 9043939 9043939 46665387 Refundable Entrance Fees 20435453 Pension Plan 401568 20837021 0 0 0 0 0 0 0 0 0 E Deann Eaton CEO 0 260370 0 2200 0 0 0 15700 0 7787 0 286057 0 0 David Walbright Director of Sales and Marketing 0 135462 0 1100 0 0 0 6876 0 7940 0 151378 0 0 Part I, Line 3 The W-2's for the organization's CEO, CFO and Director of Sales and Marketing are issued by Haverland Carter Lifestyle Group Operating, LLC, a disregarded entity of the parent entity, Haverland Carter Lifestyle Group. It uses the following methods to establish compensation - form 990 of other organizations and approval by the board or compensation committee. Also, a compensation survey / study was last conducted in early 2016. A New mexico hospital equipment loan council 850426875 647377AG5 2013-01-24 42349281 To refund the series 2010C bonds & finance capital improvements 0 0 0 A 5280000 42691571 2872134 846986 4840820 34131631 2014 1 0 1 1 A 0 1 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: New mexico hospital equipment loan council Date the Rebate Computation was Performed: 02/20/2018 Schedule K, page 1, part II, line 3, column a The total proceeds of issue includes invested interest earnings for the bond issue. Schedule K, page 1, part II, line 11 The amount in other spent proceeds represents amounts spent to currently refund a prior issue that are no longer held in a refunding escrow. Schedule K, page 1, part II, line 14 THE REFUNDED ISSUES NOTED ON FORM 8038 WERE MORTGAGE NOTES PAYABLE TO THE BANK OF ALBUQUERQUE AND BBVA COMPASS BANK. THOSE MORTGAGE NOTES PREVIOUSLY REFINANCED A 1998 BOND ISSUE. THE HEDGE NOTED ON FORM 8038 WAS AGAINST THE MORTGAGE NOTES PAYABLE AND NOT THE CURRENT BOND ISSUE REPORTED ON SCHEDULE K. Schedule K, page 1, part III, line 2 The institution does regularly lease or makes living units available for use by the elderly as part of its tax exempt mission. Schedule K, page 1, part I The 2010 bonds were fully defeased by the 2019 bonds issued by their parent organization, Haverland Carter Lifestyle Group. As such, there is no oustanding balance remaining and the bonds have been removed from Schedule K accordingly. Form 990, Part VI, Section A, line 1 The LVL Board may have Advisory Committees, each of which shall have a Resident Facilitator, the relevant Department Director, up to six Resident members and at least one LVL Board Director. Each committee, to the extent provided in a resolution of the LVL Board, in the Articles of Incorporation, or in the bylaws of the LVL Board, shall have and exercise all the authority of the LVL Board. The designation of any such committee and the delegation thereto of authority shall not operate to relieve the LVL Board, or any member thereof, of any responsibility imposed by law. The Committees shall report to the LVL Board at regular meetings of the LVL Board. Form 990, Part VI, Section A, line 6 Haverland Carter Lifestyle Group, a 501(c)(3), is the sole member. Form 990, Part VI, Section A, line 7a THE ORGANIZATIONS NOMINATING COMMITTEE ELECTS MEMBERS OF THE BOARD. IT IS THE COMMITTEE'S INTENT, WHEN POSSIBLE THAT AT LEAST (8) OF THE DIRECTORS AT ANY GIVEN TIME SHALL BE INDIVIDUALS WHO ARE MEMBERS OF THE DEMOMINATIONS REPRESENTING THE FOUR FOUNDING CHURCHES: UNITED METHODIST CHURCH OF AMERICA, PRESBYTERIAN CHURCH USA, EPISCOPAL CHURCH IN THE US AND THE EVANGELICAL LUTHERAN CHURCH OF AMERICA. Form 990, Part VI, Section A, line 7b Haverland Carter Lifestyle Group, as the sole member, retains the rights to all business decisions greater than $10,000. Form 990, Part VI, Section B, line 11b A copy of the IRS Form 990 will be made available upon request. The form 990 was reviewed by the organization's board which was documented in the board's most recent meeting minutes and approved by the executive committee of Haverland Carter Lifestyle Group at their board meeting prior to being filed. Form 990, Part VI, Section B, line 12c Each year the directors on the board and organization officers complete a conflict of interest statement. New employees are required to complete a conflict of interest statement at the new hire orientation. If a conflict of interest situation that would involve a board member, officer, or key employee is contemplated, the Executive/Financial committee of the Board of Directors is informed and the committee then decides if a conflict exists. If a conflict does exist, it is then voted on by the Board of Directors. Form 990, Part VI, Section B, line 15 THE EXECUTIVE COMMITTEE WHICH IS COMPOSED OF HCLG BOARD MEMBERS WITH NO CONFLICTS OF INTEREST WITH RESPECT TO THESE COMPENSATION ARRANGEMENTS DETERMINES THE CEO AND CFO SALARY BASED ON THE CONTINUING CARE ACCREDITATION COMMISSION'S CONTINUING CARE RETIREMENT COMMUNITY SALARY GUIDELINES. IN 2016 THE HCLG BOARD CHAIR REQUESTED HR CONDUCT A COMPENSATION REVIEW ON THE HCLG CEO POSITION. HR USED SALARY BENCHMARKS OBTAINED THROUGH WWW.GUIDESTAR.ORG FROM SIMILARLY SIZED CCRC COMMUNITES, AND FROM WWW.NONPROFITTIMES.COM. THE DATA WAS PROVIDED TO HCLG BOARD FOR REVIEW AND RECOMMENDATION. THE HCLG BOARD MET TO REVIEW DATA AND FACTORS SUCH AS INDIVIDUAL AND ORGANIZATIONAL PERFORMANCE, AND ORGANIZATIONAL RESOURCES AND NEEDS. THE HCLG BOARD DETERMINED A NEW SALARY AND COMMUNICATED IT TO HR VERBALLY. HR OUTLINED THE HCLG BOARD DIRECTIONS IN EMAIL AND SENT IT TO THE HCLG BOARD CHAIR FOR FINAL VERIFICATION AND THE NEW COMPENSATION WAS COMMUNICATED TO THE HCLG BOARD VIA EMAIL. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR THE DELIBERATIONS AND DECISIONS MADE REGARDING THESE COMPENSATION ARRANGEMENTS. Form 990, Part VI, Section C, line 19 Although not required, the Organization provides copies of it governing documents,conflict of interest policy, and financial statements to all who request one or more of the above items. Form 990, Part XI, line 9: Net Assets transferred to affiliate -950,007. Form 990, Page 12, Part XII, Line 2C The process is consistent with prior years. Schedule K, Part I 2019 bonds were issued by the parent entity, Haverland Carter Lifestyle Group The Full Life Foundation 10501 Lagrima de oro NE Albuquerque NM 87111 850416157 Fundraising - senior living NM 501(c)(3) Line 12c, III-FI N/A 0 Haverland Carter Lifestyle Group 10701 Montgomery Blvd NE Ste F Albuquerque NM 87111 272027950 Senior living NM 501(c)(3) Line 10 N/A 0 The Neighborhood in Rio Rancho 10701 Montgomery Blvd NE Ste F albuquerque NM 87111 471462853 senior living NM 501(c)(3) Line 10 Haverland Carter Lifestyle Group 0 Sommerset Neighborhood Inc 1601 Southwest 119th St oklahoma City OK 73170 810684291 senior living OK 501(c)(3) Line 10 Haverland Carter Lifestyle Group 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule R, page 1, part ii Haverland Carter Lifestyle Group Property, LLC and Haverland Carter Lifestyle Group Property Holdings, LLC are wholly owned subsidiaries and disregarded entities for tax purposes of Haverland Carter Lifestyle Group, the related 501(c)(3) entity. Schedule R, page 3, part V, Line 1C THIS REPRESENTS THE FUNDS CONTRIBUTED TO LA VIDA LLENA BY THE FULL LIFE FOUNDATION TO ASSIST IN COSTS DIRECTLY RELATED TO THE PRIMARY FUNCTION OF LA VIDA LLENA.