2021-11-05T10:21:24-05:00 2020-12-31 420714325 RSM US LLP 400 LOCUST STREET SUITE 640 DES MOINES IA 503092354 990 2020-01-01 760262402 CARE INITIATIVES CARE 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 DAVID DIXON SVP/CFO 5152244442 2021-11-04 1 DAVID DIXON XXX-XX-XXXX KATHY FAIRCHILD P00222608 5155586600 2021-11-04 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MICHAEL BEAL 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 212958169 0 X CAREINITIATIVES.ORG X 1989 TX CHARITABLE NON-PROFIT: 44 NURSING HOMES, 8 ASSISTED LIVING FACILITIES, 3 SENIOR LIVING APARTMENT LOCATIONS, 6 HOSPICE LOCATIONS. 6 5 4291 132 0 0 77573 19803280 191739234 192234959 825048 874808 80804 45122 192722659 212958169 118941 43302 0 0 108080048 112861236 0 0 0 83200184 94216237 191399173 207120775 1323486 5837394 183418361 190076380 109178918 109083543 74239443 80992837 X IMPROVING QUALITY OF LIFE FOR IOWANS AND THEIR FAMILIES DURING LIFE'S HEALTH TRANSITIONS THROUGH COMPASSIONATE INDIVIDUALIZED CARE. 0 0 193882091 43302 192200808 DURING 2020, CARE PROVIDED SERVICES TO A DAILY AVERAGE OF 2,170 RESIDENTS IN 44 IOWA NURSING HOMES, 8 ASSISTED LIVING FACILITIES AND 3 SENIOR LIVING APARTMENT LOCATIONS. CARE PROVIDED THESE RESIDENTS, WHICH ARE COMPRISED OF ELDERLY, INFIRMED AND FINANCIALLY LIMITED INDIVIDUALS, WITH A COMFORTABLE, CLEAN, HOME LIKE ATMOSPHERE. CARE PROVIDES HIGH QUALITY HEALTH CARE, FREE OF AS MANY RESTRAINTS AND PSYCHOTROPIC MEDICATIONS AS IS PRUDENT FOR THEIR SAFETY AND THE SAFETY OF OTHER RESIDENTS, AT THE LOWEST POSSIBLE COST. SERVICES PROVIDED INCLUDE ROOM AND BOARD, PROVISION FOR DIETARY REQUIREMENTS, ASSISTANCE WITH PERSONAL HYGIENE WHERE NEEDED, AND PHYSICAL AND SOCIAL ACTIVITIES TO MAINTAIN THE HIGHEST PHYSICAL AND MENTAL QUALITY OF LIFE ATTAINABLE. ADDITIONAL SERVICES INCLUDE OCCUPATIONAL, SPEECH AND PHYSICAL THERAPY, OUTPATIENT THERAPY SERVICES, SKILLED NURSING CARE IN ALL CARE CENTERS, SENIOR LIVING APARTMENTS AT SEVERAL LOCATIONS AND ASSISTED LIVING IN EIGHT LOCATIONS. IN ADDITION, CARE HAS INITIATED A PROGRAM OF REHAB TO HOME CARE TO HASTEN A RESIDENT'S OPPORTUNITY TO RETURN TO THEIR HOMES. IN ADDITION, CARE PROVIDES LIMITED OUTPATIENT THERAPY SERVICES IN THE COMMUNITIES IT SERVES.DURING 2020, CARE ALSO PROVIDED HOSPICE SERVICES TO A DAILY AVERAGE OF 206 PATIENTS THROUGH SIX HOSPICE LOCATIONS. CARE PROVIDES COMPASSIONATE HEALTH CARE AND PALLIATIVE SUPPORT FOR PEOPLE FACING LIFE-LIMITING ILLNESSES OR CONDITIONS. SOME OF THE SERVICES PROVIDED INCLUDE NURSING CARE, PHYSICIAN CARE, HOME HEALTH AIDE, PHYSICAL AND SPEECH THERAPY, MASSAGE THERAPY, MUSIC THERAPY, SPIRITUAL SUPPORT, AND BEREAVEMENT SUPPORT.CARE IS THE LARGEST NURSING HOME SERVICE PROVIDER FOR MEDICAID RESIDENTS IN IOWA. IN 2020, A DAILY AVERAGE OF 1,203 RESIDENTS PARTICIPATED IN THE MEDICAID PROGRAM. CARE'S COST FOR THESE RESIDENTS EXCEEDED REVENUE BY $29,293,000. NO RESIDENT OF CARE IS DENIED A MEDICATION, NURSING SUPPLY OR THERAPY, REGARDLESS OF THEIR ABILITY TO PAY. CARE HAS A HISTORY OF MODERNIZATION AND REPLACEMENT OF NURSING FACILITIES. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $125 MILLION TO MODERNIZE ITS CENTERS. IMPROVEMENTS INCLUDE AIR CONDITIONING, FIRE SPRINKLERS, REPLACEMENT OF HVAC AND ELECTRICAL SYSTEMS, AND PAVED PARKING LOTS. EVERY CARE CENTER THAT HAS NOT YET BEEN REPLACED WITH A NEW REPLACEMENT BUILDING HAS HAD EXTENSIVE RENOVATIONS. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $111 MILLION IN FOURTEEN NEW REPLACEMENT CENTER BUILDINGS THROUGHOUT IOWA.CARE PROMOTES ECONOMIC DEVELOPMENT IN THE COMMUNITIES IT SERVES BY ADDRESSING HOUSING, EMPLOYMENT, EDUCATIONAL OR ENVIRONMENTAL NEEDS AND CONCERNS. IN 2020, CARE CONTRIBUTED TO ITS COMMUNITIES BY PAYING PROPERTY TAX OF $2.46 MILLION. IN MANY OF ITS COMMUNITIES, CARE IS THE LARGEST EMPLOYER AND THEIR FAMILIES FORM THE LARGEST STUDENT POPULATION BASE FOR THE LOCAL SCHOOL DISTRICT.CARE FACILITIES WERE A GATHERING PLACE FOR COMMUNITY VOLUNTEERS WHO PROVIDED 6,849 HOURS TO HELP THE ELDERLY. USING THE INDEPENDENT SECTOR'S ESTIMATED DOLLAR VALUE OF VOLUNTEER TIME, THE ESTIMATED VALUE OF VOLUNTEER TIME TOTALED APPROXIMATELY $172,332. CARE'S CONTINUUM OF CARE EXTENDED INTO THE COMMUNITIES IT SERVES BY PROVIDING REDUCED OR NO-FEE SERVICES SUCH AS MEALS-ON-WHEELS, MEALS FOR COUNTY JAILS, EDUCATIONAL SERVICES AND PUBLIC AWARENESS PROGRAMS.IN 2020, $15,677 IN CHARITABLE CONTRIBUTIONS WERE MADE TO SUPPORT CHARITABLE ORGANIZATIONS THAT FURTHER CARE'S EXEMPT MISSION. 193882091 1 1 0 1 0 0 0 0 1 0 1 0 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 613 0 1 4291 1 0 1 TK 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X X DAVID DIXON 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 MILES KING PRESIDENT/CEO (THRU 6/2020) 40.00 X X 605487 0 14808 CHARLEEN SCHLEPP SVP/DIR OF OPERATIONS 40.00 X 358968 0 9258 MICHAEL BEAL PRESIDENT/CEO (FROM 7/2020) 40.00 X X 328346 0 15691 DAVID DIXON SVP/CFO/TREASURER 40.00 X 317089 0 4820 MIRIAM YOCUM VP/HOSPICE/CLINICAL DIRECTOR 40.00 X 245199 0 4617 JERAMY KUHN VP - CHIEF COMPLIANCE OFFICER 40.00 X 231449 0 8565 KENNETH NELSON REGIONAL DIRECTOR OF OPERATIONS 40.00 X 172080 0 21039 CASEY STEPHENS REGIONAL DIRECTOR OF OPERATIONS 40.00 X 162638 0 19485 LORRAINE BELLINGER ADMINISTRATOR 40.00 X 142038 0 14619 CHRISTINA FRIMML RN-CHARGE NURSE 61.00 X 139736 0 19485 STEVEN ACKERSON VICE CHAIR 4.00 X 28000 0 0 STEPHANIE EDWARDS SECRETARY 4.00 X 28000 0 0 ROBERT CONLON DIRECTOR 6.00 X 28000 0 0 RON HARMOND DIRECTOR 4.00 X 28000 0 0 RON NORTHUP DIRECTOR 3.00 X 28000 0 0 2843030 0 132387 50 0 1 0 RELIANT PRO REHAB LLC 5800 GRANITE PKWY SUITE 1000 DALLAS TX 75024 PHYS/OCC/SP THERAPY 10678126 GRAPE TREE MEDICAL STAFFING 1003 23RD STREET MILFORD IA 51351 NURSE STAFFING 2253970 AUSTIN BUILDERS LLC 1205 N ANKENY BLVD ANKENY IA 50021 CONSTRUCTION SERVICES 2025188 FUSION MEDICAL STAFFING LLC 11808 GRANT ST SUITE 100 OMAHA NE 68164 NURSE STAFFING 1685592 CONEXUS MEDICAL STAFFING 11750 KATY FREEWAY SUITE 750 HOUSTON TX 77079 NURSE STAFFING 1664391 26 19739737 63543 19803280 NURSING HOME SERVICES 623000 179776414 179776414 HOSPICE SERVICES 623000 11284468 11284468 ASSISTED LIVING SERVIC 623990 935929 935929 SENIOR LIVING APARTMEN 623990 129173 129173 GUEST MEALS 722210 26826 26826 82149 74824 7325 192234959 871169 871169 3639 0 3639 3639 3639 SUBPART F INCOME 900099 45122 45122 45122 212958169 192200808 0 954081 X 15677 15677 27625 27625 2044284 2044284 96360531 91129856 5230675 351909 313954 37955 6958665 6544310 414355 7145847 6733099 412748 576321 576321 170590 170590 25737217 25376014 361203 1005816 591710 414106 1497779 1260449 237330 2722448 2722448 9056469 8824125 232344 1557565 1436184 121381 2879268 2833995 45273 8220053 8024361 195692 4526157 4507694 18463 MEDICAL SUPPLIES 14129232 14129232 DIETARY SUPPLIES 6573542 6573542 MAINTENANCE 1358781 1358781 HOUSEKEEPING & LAUNDRY 1242905 1242905 12962094 12958578 3516 207120775 193882091 13238684 0 22825 22031 41142006 56240401 30697100 22383972 637084 698510 1303225 1204073 254698048 164354165 96542825 90343883 7891846 14173263 -503331 -633914 5684781 5644161 183418361 190076380 20121495 24629208 0 3174976 89057423 81279359 109178918 109083543 X 74239443 80992837 74239443 80992837 183418361 190076380 5837394 916000 0 X X 0 1 X 1 0 X 50129 55938 65257 77573 19803280 20052177 192864423 192962367 187754009 191675266 192200808 957456873 76338 60995 74328 63968 34151 309780 192990890 193079300 187893594 191816807 212038239 977818830 0 0 0 977818830 467303 582394 797178 827967 871169 3546011 467303 582394 797178 827967 871169 3546011 30542 12408 6996 80804 45122 175872 193488735 193674102 188697768 192725578 212954530 981540713 0.99620 0.99670 0.00360 0.00320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 47401 0 0 0 47401 0 PART II-B, LINE 1: DURING 2020, CARE INITIATIVES HAD NO DIRECT EXPENSES FOR LOBBYING ACTIVITIES. CARE INITIATIVES WAS NOTIFIED BY IOWA HEALTH CARE ASSOCIATION THAT 16.0% OF DUES WOULD BE SPENT ON LOBBYING AND OTHER EXPENDITURES SUBJECT TO CODE SEC. 162(E)(1). DURING 2020, CARE INITIATIVES PAID DUES TO IHCA OF $187,557. CARE INITIATIVES WAS NOTIFIED BY AMERICAN HEALTH CARE ASSOCIATION THAT 28.0% OF DUES WOULD BE SPENT ON LOBBYING AND OTHER EXPENDITURES SUBJECT TO CODE SEC. 162(E)(1). DURING 2020, CARE INITIATIVES PAID DUES TO AHCA OF $56,828. CARE INITIATIVES WAS NOTIFIED BY NATIONAL HOSPICE AND PALLIATIVE CARE ORGANIZATION THAT 2.50% OF DUES WERE USED FOR SPECIFIC LOBBYING PURPOSES. DURING 2020, CARE INITIATIVES PAID DUES TO NHPCO OF $6,981. CARE INITIATIVES WAS NOTIFIED BY HOSPICE AND PALLIATIVE CARE ASSOCIATION OF IOWA THAT 19.4% OF DUES WERE SPENT ON LOBBYING. DURING 2020, CARE INITIATIVES PAID DUES TO HPCAI OF $6,727. 1 382616 6025214 5365292 1042538 0 8710816 8710816 175904561 111785297 64119264 8083557 4536276 3547281 49269342 37914150 11355192 12729772 10118442 2611330 90343883 X PART X, LINE 2: CARE INITIATIVES IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION; THE WHOLLY OWNED SUBSIDIARY AND THE FOUR LIMITED LIABILITY COMPANIES ARE PASS THROUGH ENTITIES; GENERALLY, NONE OF THESE ENTITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. CARE IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED CARE'S MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAXES THAT NEED TO BE REFLECTED IN ITS CONSOLIDATED FINANCIAL STATEMENTS. CENTRAL AMERICA & THE CARIBBEAN 1 0 PROFESSIONAL & GENERAL LIABILITY INSURANCE N/A 64571 CENTRAL AMERICA & THE CARIBBEAN 0 0 INVESTMENTS N/A 183658 1 0 0 0 1 0 248229 0 248229 0 0 1 0 0 0 PART III ACCOUNTING METHOD: 1 IOWA HEALTH CARE ASSOCIATION FOUNDATION 1775 90TH STREET WEST DES MOINES IA 50266 421326564 501(C)(3) 10000 GENERAL SUPPORT 1 0 HARDSHIP FUNDS/FINANCIAL ASSISTANCE 16 27625 PART 1, LINE 2, GENERAL INFORMATION ON GRANTS AND ASSISTANCE: ORGANIZATIONS ARE SELECTED BASED UPON RELATEDNESS TO CARE INITIATIVES EXEMPT MISSION. NO ADDITIONAL MONITORING IS PERFORMED. PART III, COLUMN (B), NUMBER OF RECIPIENTS: EXPLANATION: CHARITY CARE AND PARTIAL TO FULL FINANCIAL ASSISTANCE IS PROVIDED TO PATIENTS ON A CASE-BY-CASE BASIS. NO RESIDENT OF CARE IS DENIED A MEDICATION, NURSING SUPPLY, OR THERAPY, REGARDLESS OF THEIR ABILITY TO PAY. CHARITY CARE WAS MADE AVAILABLE TO 16 INDIVIDUALS AT A VALUE OF $27,625. X X X X X 1 0 0 0 0 0 0 0 0 MILES KING PRESIDENT/CEO (THRU 6/2020) 280787 0 0 0 324700 0 3105 0 11703 0 620295 0 0 0 CHARLEEN SCHLEPP SVP/DIR OF OPERATIONS 343682 0 0 0 15286 0 2108 0 7150 0 368226 0 0 0 MICHAEL BEAL PRESIDENT/CEO (FROM 7/2020) 296382 0 0 0 31964 0 3987 0 11704 0 344037 0 0 0 DAVID DIXON SVP/CFO/TREASURER 297210 0 0 0 19879 0 4458 0 362 0 321909 0 0 0 MIRIAM YOCUM VP/HOSPICE/CLINICAL DIRECTOR 224231 0 0 0 20968 0 4255 0 362 0 249816 0 0 0 JERAMY KUHN VP - CHIEF COMPLIANCE OFFICER 211032 0 0 0 20417 0 0 0 8565 0 240014 0 0 0 KENNETH NELSON REGIONAL DIRECTOR OF OPERATIONS 171688 0 0 0 392 0 2831 0 18208 0 193119 0 0 0 CASEY STEPHENS REGIONAL DIRECTOR OF OPERATIONS 162638 0 0 0 0 0 0 0 19485 0 182123 0 0 0 LORRAINE BELLINGER ADMINISTRATOR 142038 0 0 0 0 0 2227 0 12392 0 156657 0 0 0 CHRISTINA FRIMML RN-CHARGE NURSE 139736 0 0 0 0 0 0 0 19485 0 159221 0 0 0 PART II, COLUMN B (III), OTHER REPORTABLE COMPENSATION: CARE INITIATIVES HAS A 457B PLAN FOR ITS EXECUTIVES, IN WHICH THE FOLLOWING PARTICIPATE: MILES KING, CHARLEEN SCHLEPP, DAVID DIXON, AND JERAMY KUHN. IN 2020, THE ORGANIZATION DID NOT FUND ANY AMOUNT TO THAT PLAN. PART I, 4A, SEVERANCE: PRESIDENT/CEO MILES KING RETIRED EFFECTIVE 6/30/2020, AS PART OF HIS RETIREMENT HE WAS GRANTED A SEVERANCE PAYMENT OF $315,783. THAT AMOUNT IS INCLUDED IN PART II, COLUMN B (III). A IOWA FINANCE AUTHORITY 521699886 2013-06-28 11720000 REFUND PRIOR BONDS (5/28/98) 0 0 0 B IOWA FINANCE AUTHORITY 521699886 2014-12-11 41736000 SEE PART VI 0 0 0 C IOWA FINANCE AUTHORITY 521699886 2018-12-19 10592000 REFUND PRIOR BONDS (6/1/15) 0 0 0 D IOWA FINANCE AUTHORITY 521699886 2019-01-31 39371095 REFUND PRIOR BONDS (05/12/16) 0 0 0 A 4830000 11720000 228829 11491171 2000 1 0 1 1 B 6428655 41736496 414991 19915498 21406007 2016 1 0 1 1 C 10592000 208389 10383611 2013 1 0 1 1 D 10881157 39371095 39371095 2006 1 0 1 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 1 1 0 0 0 0 1 B 0 0 1 1 0 0 0 0 1 C 0 0 1 1 0 0 0 0 1 D 0 0 1 1 1 0 0 0 1 A 1 B 1 C 1 D 1 SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: EXPLANATION: (A) ISSUER NAME: IOWA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/28/2013 (A) ISSUER NAME: IOWA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2016 (A) ISSUER NAME: IOWA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2018 (A) ISSUER NAME: IOWA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/31/2019 NOTE REGARDING THE 12/28/2013, 12/31/2018, AND 1/31/2019 REBATE COMPUTATIONS: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. NOTE REGARDING THE 12/31/2016 REBATE COMPUTATIONS: THIS DEBT WAS ISSUED ON A DRAW-DOWN BASIS AND AMOUNTS WERE DRAWN AS PROJECT COSTS WERE INCURRED. AS NO REBATEABLE ARBITRAGE WAS EARNED AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE ANALYSIS IS NECESSARY. PART I, LINE B, COLUMN (F): EXPLANATION: BUILDINGS, ADDITIONS, REFUND PRIOR BONDS (9/30/10) PART II, LINE 3: EXPLANATION: THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. FORM 990, PART I, LINE 6, VOLUNTEERS: CARE INITIATIVES HAD 6,849 RECORDED VOLUNTEER HOURS IN 2020. THE AVERAGE VOLUNTEER WORKS ONE HOUR PER WEEK RESULTING IN A CALCULATED NUMBER OF VOLUNTEERS OF 132. VOLUNTEERS MAINLY PROVIDE ENTERTAINMENT FOR, AND CONVERSE WITH, RESIDENTS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT OF THE ANNUAL FORM 990 IS REVIEWED, PRIOR TO FILING, BY THE FULL BOARD OF DIRECTORS IN A REGULARLY SCHEDULED BOARD MEETING. SUBSEQUENT TO FILING, A FILED COPY OF THE 990 IS MADE AVAILABLE TO THE BOARD MEMBERS. ADDITIONALLY, THE FILED 990 IS PUBLISHED ON CARE'S PUBLIC WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO READ THE CORPORATE POLICY AND COMPLETE AN ANNUAL SIGNED CERTIFICATE REGARDING THE CORPORATE CONFLICT OF INTEREST POLICY. THIS PROCESS IS ADMINISTERED BY THE CORPORATE COMPLIANCE OFFICER. ADDITIONALLY, THE BOARD AND OFFICERS RECEIVE REQUIRED ANNUAL COMPLIANCE TRAINING, INCLUDING BUSINESS PRACTICES AND CONFLICT OF INTEREST, AGAIN UNDER THE SUPERVISION OF THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER ALSO ATTENDS EACH BOARD MEETING AND SERVES, ALONG WITH ALL BOARD MEMBERS, TO RECOGNIZE AND IDENTIFY POTENTIAL CONFLICT OF INTEREST EVENTS. IDENTIFIED CONFLICT OF INTEREST SITUATIONS AND DELIBERATIONS, IF ANY, ARE DOCUMENTED IN FORMAL BOARD OF DIRECTOR MINUTES. FORM 990, PART VI, SECTION B, LINE 15 CARE'S PRESIDENT/CEO, SVP/CFO, SVP/DIRECTOR OF OPERATIONS, AND VP/HOSPICE HAVE BEEN IDENTIFIED AS DISQUALIFIED PERSONS. COMPENSATION FOR THESE POSITIONS IS DETERMINED BY INDEPENDENT DIRECTORS OF THE COMPENSATION COMMITTEE WITHOUT THE AFFECTED PARTIES BEING PRESENT AND IS SUBSEQUENTLY PROVIDED TO THE FULL BOARD FOR THEIR ACTION OR APPROVAL. FORMAL PERFORMANCE EVALUATIONS AND DOCUMENTATIONS OF EACH STEP IN THE DELIBERATION PROCESS ARE CONTAINED IN RETAINED COMPENSATION COMMITTEE REPORTS. THE DETERMINATION OF THE COMPENSATION COMMITTEE IS SUPPORTED BY A 2020 REPORT BY QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS USING APPROPRIATE COMPARABILITY DATA. THE DELIBERATIONS OF THE COMPENSATION COMMITTEE AND BOARD ARE CONTEMPORANEOUSLY RECORDED IN FORMAL MEETING MINUTES THAT ARE RETAINED BY THE ORGANIZATION. OTHER EXECUTIVE COMPENSATION IS DETERMINED BY THE PRESIDENT/CEO IN CONSULTATION WITH THE MEMBERS OF THE COMPENSATION COMMITTEE AND BOARD OF DIRECTORS. THE REPORTS OF COMPENSATION CONSULTANTS UTILIZED IN THE EVALUATION OF COMPENSATION LEVELS FOR THE PRESIDENT/CEO, SVP/CFO, SVP/DIRECTOR OF OPERATIONS, AND VP/HOSPICE ARE REVIEWED, ALONG WITH PERFORMANCE EVALUATIONS, INFLATION DATA AND COMPETITIVE FACTORS, ALL TO ESTABLISH COMPENSATION LEVELS. COMPENSATION CHANGES ARE DOCUMENTED AND RETAINED BY THE CORPORATION'S HUMAN RESOURCE DEPARTMENT. OTHER MANAGEMENT COMPENSATION IS DETERMINED ACCORDING TO LONG STANDING PERSONNEL POLICIES ADMINISTERED BY THE CORPORATION'S HUMAN RESOURCES DEPARTMENT. THE COMPENSATION REVIEW PROCESS DESCRIBED ABOVE OCCURS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 CARE PROVIDES ITS FORM 990 ON THE ORGANIZATION'S PUBLIC WEBSITE. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENT, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 25,376,014. MANAGEMENT AND GENERAL EXPENSES 361,203. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,737,217. ODEBOLT ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738090 LOW INCOME HOUSING NE N/A RELATED -36330 271637 0 0 0.00010 PANORA ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738136 LOW INCOME HOUSING NE N/A RELATED -72396 190663 0 0 0.00010 DUNLAP ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738210 LOW INCOME HOUSING NE N/A RELATED -10798 290533 0 0 0.00010 LAMONI ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738239 LOW INCOME HOUSING NE N/A RELATED -13764 46002 0 0 0.00010 IOWA INDEMNITY COMPANY LTD BOX 560 BEATRICE BUTTERFIELD BUILDI PROVIDENCIALES TURKS & CAICOS IS TK 760262402 CAPTIVE INSURANCE TK N/A C 45122 2585031 1.00000 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DUNLAP ASSISTED LIVING LLC A 18705 GAAP ODEBOLT ASSISTED LIVING LLC A 18705 GAAP LAMONI ASSISTED LIVING LLC A 18705 GAAP PANORA ASSISTED LIVING LLC A 18705 GAAP DUNLAP ASSISTED LIVING LLC D 200000 GAAP ODEBOLT ASSISTED LIVING LLC D 200000 GAAP LAMONI ASSISTED LIVING LLC D 200000 GAAP PANORA ASSISTED LIVING LLC D 200000 GAAP PART V, LINE 1 CARE IS THE 0.01% MANAGING MEMBER IN FOUR LIMITED LIABILITY COMPANIES PROVIDING ASSISTED LIVING SERVICES. THESE ENTITIES OWN BUILDINGS THAT ARE ATTACHED TO CARE'S RELATED SKILLED NURSING HOMES AND THEY QUALIFY FOR AN ALLOCATION OF LOW-INCOME HOUSING TAX CREDITS UNDER SECTION 42 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WERE PLACED IN SERVICE IN 2007. CARE INITIATIVES PROVIDES DAILY OPERATIONAL MANAGEMENT SERVICES AND PERMANENT FINANCING. THE AGREEMENTS PROVIDE FOR CARE INITIATIVES TO PURCHASE THE 99.99% INVESTOR MEMBER INTEREST AT THE END OF THE 15-YR TAX CREDIT COMPLIANCE PERIOD FOR AN AMOUNT BASED ON A PROCESS AS SPECIFIED IN THE AGREEMENT.