2020-10-19T16:25:06-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2019-07-01 840503809 FRASIER MEADOWS MANOR INC FRAS 3034994888 350 PONCA PLACE BOULDER CO 80303 TIMOTHY A JOHNSON PRESIDENT & CEO 3034994888 2020-10-19 1 KURT BENNION CPA P01469618 4252506100 2020-10-19 67.137.57.251 2020-10-19 11:31:18 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 437A48F7A65F248D0909731AA99F0A79285329FF 2019 2021-01-29 14:40:06Z FRASIER TIMOTHY A JOHNSON 350 PONCA PLACE BOULDER CO 80303 53475171 0 X WWW.FRASIERMEADOWS.ORG X 1956 CO PROVIDE HOUSING, HEALTHCARE, AND RELATED SERVICES TO SENIOR CITIZENS THROUGH A RETIREMENT FACILITY. 17 17 432 287 0 0 569003 487544 24017619 27797922 2048916 946054 128107 93203 26763645 29324723 45740 74028 0 0 12742465 14243495 0 0 253624 14977922 20832006 27766127 35149529 -1002482 -5824806 221817049 246137552 198772518 228567609 23044531 17569943 X FRASIER MEADOWS MANOR IS A NON-PROFIT ORGANIZATION THAT PRINCIPALLY PROVIDES HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS THROUGH THE OPERATION OF A RETIREMENT FACILITY. 0 1 24731073 74028 27797922 FRASIER MEADOWS MANOR IS TAX-EXEMPT CONTINUING CARE RETIREMENT COMMUNITY OPERATED TO FURTHER THE VISION AND MISSION OF THE UNITED METHODIST CHURCH AS EXPRESSED BY ITS GENERAL BOARD OF DISCIPLESHIP THROUGH THE METHODIST CENTER ON AGING AND OLDER ADULT MINISTRIES. THE FACILITY INCLUDES INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING CARE, WHICH INCLUDES INDEPENDENT AND ASSISTED RESIDENTIAL COMPETENCY SUPPORT, MEAL SERVICES, CHAPLAINCY PROGRAM WITH OPPORTUNITIES FOR SPIRITUAL GROWTH AND SUPPORT, AND RECREATIONAL AND THERAPEUTIC ACTIVITIES. THE FACILITIES AND PROGRAMS ARE DESIGNED TO MEET THE UNIQUE NEEDS OF SENIORS FOR FINANCIAL SECURITY, CONSISTENCY AND ACCESSIBLE HEALTHCARE, AND TO ENAHNCE OPPORTUNITIES FOR INDEPENDENT "AGING IN PLACE". STATISTICAL INFORMATION IS AVAILABLE UPON REQUEST. 24731073 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 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 0 0 0 0 1 39 0 1 432 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO X NIKKI LEWIS 7205624304 350 PONCA PLACE BOULDER CO 80303 TIMOTHY JOHNSON PRESIDENT & CEO 40.00 X 314089 0 54775 DAVID SLACK CHIEF STRATEGY OFFICER 40.00 X 209299 0 26994 NIKKI LEWIS CFO 40.00 X 163844 0 30871 LESLEY RADOCY VP OF WELLNESS & COMMUNICATIONS 40.00 X 167526 0 26684 MICHELLE MACPARLAND VP OF HEALTH 40.00 X 147422 0 36255 KARLA RIKANSRUD VP OF PHILANTHROPY 40.00 X 136657 0 27210 JENNIFER HOUGHTALING VP OF HUMAN RESOURCES 40.00 X 118803 0 30848 JEFFREY PUCKETT DIRECTOR OF I.T. 40.00 X 130331 0 14652 KAY HOWE CHAIR 2.00 X X 0 0 0 LESLIE DURGIN VICE CHAIR 2.00 X X 0 0 0 BETTY HOYE SECRETARY 2.00 X X 0 0 0 JOHN FRISBIE TREASURER 2.00 X X 0 0 0 MEREDITH BENEDICT TRUSTEE 2.00 X 0 0 0 BEVERLY CARRIGAN TRUSTEE 2.00 X 0 0 0 DON COTE TRUSTEE 2.00 X 0 0 0 ELLEN COTTS TRUSTEE 2.00 X 0 0 0 JANE ENGEL TRUSTEE 2.00 X 0 0 0 JONATHAN JONES TRUSTEE 2.00 X 0 0 0 REV STEPHANIE KIDWELL TRUSTEE 2.00 X 0 0 0 BEAU REZENDES TRUSTEE 2.00 X 0 0 0 CHERYL RUNYON TRUSTEE 2.00 X 0 0 0 JAMES TOPPING TRUSTEE 2.00 X 0 0 0 NELSON TRUJILLO TRUSTEE 2.00 X 0 0 0 JIM WILLIAMS TRUSTEE 2.00 X 0 0 0 STU WRIGHT TRUSTEE 2.00 X 0 0 0 1387971 0 248289 11 0 1 0 PINKARD CONSTRUCTION 9195 W 6TH AVENUE LOCKWOOD CO 80215 CONSTRUCTION 36923784 INTERFACE COMMUNICATIONS COMPANY 5400 MOUNT MEEKER RD STE A BOULDER CO 80301 COMMUNICATIONS 1026212 SUPERIOR ROOFING 14700 E 30TH AVE AURORA CO 80011 ROOF REPLACEMENT 988963 INTERIOR DESIGN ASSOCIATES INC 618 CHURCH ST STE 400 NASHVILLE TN 37219 DESIGN AND FURNITURE 955310 MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 303682289 DINING SERVICES 844750 37 35802 451742 5005 487544 MANOR RESIDENT REVENUE 623000 10294961 10294961 PATIENT SERVICE REVENUE 623000 6731991 6731991 EARNED ENTRANCE FEES 623000 4979058 4979058 ASSISTED LIVING RESIDENT REVENUE 623000 3390855 3390855 MANOR FOOD SERVICE REVENUE 623000 1380474 1380474 1020583 1020583 27797922 810847 810847 93203 0 93203 93203 93203 24285655 24150448 135207 135207 135207 29324723 27797922 0 1039257 40100 40100 33928 33928 758464 758464 11092604 9370708 1581886 140010 202411 198020 4391 1335826 1031845 281103 22878 854190 636352 203729 14109 1045412 1045412 75849 75849 92600 92600 358600 138 311687 46775 132007 24881 105116 2010 509226 366929 140693 1604 327547 326552 995 4317202 4247338 69864 64801 25089 38696 1016 33983 20491 13439 53 4712578 4712578 7008670 7008670 489081 489081 OTHER EXPENSES 1204082 468435 728988 6659 MINOR EQUIPMENT 294880 105228 187976 1676 ENTERTAINMENT & INCENTI 57536 46531 11005 BAD DEBT EXPENSE 47099 47099 60853 60410 443 35149529 24731073 10164832 253624 2311178 9904615 5159207 5744297 487675 258568 39932 38910 276690 257959 231954646 48528861 147434137 183425785 66039070 46438258 69160 69160 221817049 246137552 7044723 5600234 33768712 74554748 141592069 131740890 10959359 15815854 5407655 855883 198772518 228567609 X 21790889 16468753 1253642 1101190 23044531 17569943 221817049 246137552 -5824806 350218 0 X 0 1 X 1 0 X 308395 325631 549546 569003 487544 2240119 22523817 22695073 22686946 24017619 27797922 119721377 22832212 23020704 23236492 24586622 28285466 121961496 7095 9155 12870 21905 25805 76830 0 7095 9155 12870 21905 25805 76830 121884666 1038346 1065897 1084063 1241762 904050 5334118 1038346 1065897 1084063 1241762 904050 5334118 23870558 24086601 24320555 25828384 29189516 127295614 0.95750 0.95250 0.04190 0.04710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 410381 8194 17735 8833 427477 338502 63710 14147 5978 410381 304686 11450 22366 338502 272342 7299 25045 304686 261689 10469 184 272342 0.20730 0.53430 0.25840 0 0 84338 84338 205680413 43423183 162257230 4099438 1261073 2838365 8772549 3844605 4927944 13317908 13317908 183425785 ANNUITIES PAYABLE 49073 APPLICANT DEPOSITS 806810 855883 X 29257145 563411 563411 28693734 92600 538389 630989 29324723 35056929 0 35056929 92600 92600 35149529 PART IV, LINE 2B: INDIVIDUALS ADMITTED AS RESIDENTS OF THE ORGANIZATION ARE ENTITLED TO A REFUND OF A PORTION OF THEIR ENTRANCE FEES, BASED ON WHICH OF THREE CONTRACT OPTIONS THEY SELECT. THE STATE OF COLORADO REQUIRES THAT THE ORGANIZATION REFUND THE RESIDENT'S REFUNDABLE FEES WITHIN 180 DAYS OF TERMINATION OF THE AGREEMENT. PART V, LINE 4: THE ENDOWMENT FUNDS CONSIST OF VARIOUS FUNDS ESTABLISHED TO HELP ACCOMPLISH THE ORGANIZATION'S PROGRAM SERVICES. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE IRC. ACCORDINGLY, NO PROVISION IS MADE FOR FEDERAL, STATE, OR LOCAL INCOME TAXES. THE ORGANIZATION APPLIES A MORE LIKELY THAN NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN; THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF JUNE 30, 2020 AND 2019. IF INCURRED, INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS ARE RECORDED IN THE PERIOD ASSESSED AS GENERAL AND ADMINISTRATIVE EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN ASSESSED AS OF JUNE 30, 2020 OR 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTION 563,411. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRESTRICTED REALIZED GAIN ON INVESTMENT 122,918. RESTRICTED CONTRIBUTIONS 383,204. RESTRICTED INTEREST INCOME 19,978. RESTRICTED REALIZED GAIN ON INVESTMENT 12,289. 1 ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVENUE FLOOR 17 CHICAGO IL 60601 363463656 501(C)(3) 15000 SPONSOR THE WALK TO END ALZHEIMER'S 1 0 EMPLOYEE SCHOLARSHIPS 15 33928 EMPLOYEES ARE REIMBURSED FOR TUITION AFTER PROVIDING PROOF OF COMPLETION WITH A SATISFACTORY GRADE. PART I, LINE 2: THE ORGANIZATION DOES NOT MONITOR THE USE OF FUNDS GRANTED TO ORGANIZATIONS. EMPLOYEES ARE REIMBURSED FOR TUITION AFTER PROVIDING PROOF OF COMPLETION WITH A SATISFACTORY GRADE. X X X X 0 1 0 0 0 1 0 0 0 TIMOTHY JOHNSON PRESIDENT & CEO 267472 0 52781 0 -6164 0 35502 0 19273 0 368864 0 0 0 DAVID SLACK CHIEF STRATEGY OFFICER 182269 0 27021 0 9 0 24721 0 2273 0 236293 0 0 0 NIKKI LEWIS CFO 145117 0 21474 0 -2747 0 19786 0 11085 0 194715 0 0 0 LESLEY RADOCY VP OF WELLNESS & COMMUNICATIONS 146314 0 21647 0 -435 0 15560 0 11124 0 194210 0 0 0 MICHELLE MACPARLAND VP OF HEALTH 135700 0 19992 0 -8270 0 18443 0 17812 0 183677 0 0 0 KARLA RIKANSRUD VP OF PHILANTHROPY 121889 0 18203 0 -3435 0 16506 0 10704 0 163867 0 0 0 PART I, LINE 4B IN MAY 2014, THE ORGANIZATION ADOPTED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) UNDER SECTION 457(F) COVERING CERTAIN KEY EMPLOYEES AS SELECTED BY THE EXECUTIVE COMMITTEE ACTING ON BEHALF OF THE BOARD OF TRUSTEES. EACH ANNUAL DISCRETIONARY CONTRIBUTION THE ORGANIZATION CONTRIBUTES TO THE PARTICIPANTS VESTS AS DETERMINED BY THE EXECUTIVE COMMITTEE. UPON VESTING, DEATH, PERMANENT DISABILITY, OR TERMINATION WITHOUT CAUSE, THE PARTICIPANT OR BENEFICIARY WILL RECEIVE A LUMP-SUM DISTRIBUTION WITHIN 60 DAYS. ALL OTHER SEPARATION FROM SERVICE RESULTS IN FORFEITURE. PART I, LINE 6 THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR EXECUTIVES, VICE PRESIDENTS AND OTHER LEADERSHIP POSITIONS. NET INCOME IS ONE OF SEVERAL FACTORS INCLUDED IN THE PLAN. OTHER FACTORS INCLUDE ADHERENCE TO BUDGETS, OCCUPANCY, AND COMPLETING A SMART GOAL. A COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648FBX1 2017-04-18 87452159 REFUND SERIES 2008 BONDS; CAPITAL EXPENDITURES 0 0 0 B COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648FGA6 2017-12-20 59048646 CAPITAL EXPENDITURES 0 0 0 A 3660000 87452159 5719525 1450303 42633113 37649219 2019 1 0 1 1 B 10000000 59048646 3402750 3750000 940000 50955926 2019 0 0 1 1 A 0 1 0 0 0.00800 0.00000 0.00800 0 0 1 B 0 1 0 0 0.00800 0.00000 0.00800 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART III, LINE 3 DURING THE FISCAL YEAR, FRASIER OPENED A 98-UNIT INDEPENDENT LIVING BUILDING AND COMPLETED A LARGE INDOOR LAP POOL THAT WILL IMPROVE OUR WELLNESS PROGRAM. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE BOARD'S CHAIR, VICE CHAIR, SECRETARY, IMMEDIATE PAST CHAIR, THE CHAIR OF THE FINANCE COMMITTEE, AND TWO OTHER TRUSTEES. THE EXECUTIVE COMMITTEE ACTS FOR THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD; ESTABLISHES THE AGENDA FOR BOARD MEETINGS, ASSURING FULL DISCLOSURE OF INFORMATION AND FULL CONSIDERATION OF ALL MATTERS PRESENTED TO THE BOARD; AND NO LESS OFTEN THAN ANNUALLY, CONDUCTS A CONFIDENTIAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND SETS HIS OR HER COMPENSATION FOR THE ENSUING YEAR IN ACCORDANCE WITH THE POLICIES DEVELOPED BY THE BOARD. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE ARE DISCLOSED IN MINUTES OF ITS MEETINGS AND THEREAFTER RATIFIED BY THE BOARD OF TRUSTEE AT ITS NEXT MEETING. FORM 990, PART VI, SECTION A, LINE 3 DURING THE FISCAL YEAR, FRASIER OUTSOURCED OUR INVESTMENT MANAGEMENT TO MARQUETTE & ASSOCIATES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CFO AND CEO, BY THE FINANCE COMMITTEE AND BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE OR OFFICER SIGNS A COPY OF THE CONFLICT OF INTEREST POLICY AT THE INITIATION OF HIS OR HER TERM OF OFFICE, ANNUALLY THEREAFTER, AND AT THE TIME OF ANY SIGNIFICANT CHANGE OF DUTIES. DURING THE YEAR, CONFLICTS ARE BROUGHT UP AND RECORDED IN THE BOARD OF TRUSTEES MINUTES. IF ANY CONFLICTS OF INTEREST EXIST, THE BOARD MEMBERS RECUSE THEMSELVES FROM VOTING ON ANY MATTER PERTAINING TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ACTS AS THE COMPENSATION COMMITTEE FOR DETERMINING THE COMPENSATION OF THE CEO AND OTHER OFFICERS OF FRASIER MEADOWS MANOR. AT LEAST EVERY FOUR YEARS, THE EXECUTIVE COMMITTEE COMMISSIONS A QUALIFIED INDEPENDENT CONSULTING FIRM TO EVALUATE THE ORGANIZATION'S EXECUTIVE COMPENSATION PROGRAM. USING THE DATA FROM THE COMPENSATION STUDY, THE EXECUTIVE COMMITTEE REVIEWS AND SETS THE COMPENSATION PACKAGES OF THE CEO AND OTHER EXECUTIVE POSITIONS. THE EXECUTIVE COMMITTEE MAINTAINS THE REQUIRED DOCUMENTATION OF THE PROCESS IN THE MINUTES OF ITS MEETINGS, WHICH INCLUDES, AMONG OTHER INFORMATION, THE TERMS OF THE COMPENSATION PACKAGES AND THE COMPARABILITY DATA USED IN DETERMINING THE COMPENSATION PACKAGES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.