2020-11-11T14:23:21-06:00 2019-12-31 271235638 MCM CPAS & ADVISORS LLP 462 S FOURTH ST SUITE 2600 LOUISVILLE KY 402023445 990 2019-01-01 273168105 MASONIC HOME INDEPENDENT LIVING II INC MASO 5028974907 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 KIMBERLY LEIS SR VP ACCOUNTING 5028974907 2020-11-11 1 LEE GROZA P00034644 5027491900 2020-11-11 69.135.99.226 2020-11-11 11:56:14 ES P 94A5761CEE46803ED4D93D05A8F17648CB2218CA 0AB69DFCB59E9FD0E4433CF35BD56003E8D5C524 2019 2021-01-29 14:40:06Z MIRALEAGROVE POINTETHE MEADOW TODD LACY 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 15251908 0 X WWW.MASONICHOMESKY.COM X 2010 KY TO PROVIDE QUALITY HOUSING AND PERSONAL CARE SERVICES THAT WILL IMPROVE AND ENHANCE THE QUALITY OF THE RESIDENTS NURTURE AND FURTHER ENHANCE AND MAKE A DIFFERENCE IN THEIR LIVES. 8 7 185 7 0 0 0 0 6059762 14384502 329006 953986 -109638 -90289 6279130 15248199 0 0 0 0 0 0 0 0 0 8427248 24887079 8427248 24887079 -2148118 -9638880 117535357 149196199 138095386 180646065 -20560029 -31449866 X TO PROVIDE QUALITY HOUSING AND PERSONAL CARE SERVICES THAT WILL IMPROVE AND ENHANCE THE QUALITY OF THE RESIDENTS NURTURE AND FURTHER ENHANCE AND MAKE A DIFFERENCE IN THEIR LIVES. 0 0 18361384 14294213 THE ORGANIZATION'S PURPOSE IS CONSTRUCTING, OWNING AND OPERATING A SENIOR LIVING COMMUNITY KNOWN AS MIRALEA. MIRALEA CONSISTS OF 120INDEPENDENT LIVING APARTMENTS AND 12 RESIDENTIAL-STYLE PATIO HOMES THAT OPENED ON NOVEMBER 1, 2012. MIRALEA, WITH ITS AFFILITATION WITHMASONIC HOMES OF KENTUCKY, FORM A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH A LIFE CARE PRODUCT FOR SENIORS. MEADOW OPENED IN JULY 2018 WITH 122 UNITS. MIRALEA/MEADOW OFFERS A TIERED APPROACH TO THE AGING PROCESS, ACCOMMODATING RESIDENTS CHANGING NEEDS AS THEY AGE THROUGH INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING CARE. MIRALEA PROVIDES SENIORS THE OPTION TO LIVE AN ACTIVE LIFESTYLE IN ONE LOCATION FOR THE DURATION OF THEIR REMAINING LIFE, WITH MUCH OF THEIR FUTURE CARE ALREADY PREDETERMINED BY THE RESIDENT AND THE LIFE CARE AGREEMENTS WITH MIRALEA/MEADOW. 18361384 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 54 0 1 185 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 KY X KIMBERLY LEIS 5027538800 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 HAROLD ARMSTRONG CHAIRMAN 0.80 3.20 X X 0 0 0 TERRY BOWMAN VICE CHAIRMAN 0.80 32.00 X X 0 0 0 RICHARD T NATION SECRETARY 0.80 3.20 X X 0 0 0 RONALD S CAUGHRON TREASURER 0.80 3.20 X X 0 0 0 JOHN SAMMONS DIRECTOR 0.80 3.20 X 0 0 0 JOSEPH R CONWAY DIRECTOR 0.80 3.20 X 0 0 0 GARY ROSE DIRECTOR 0.80 3.20 X 0 0 0 J SCOTT JUDY CEO 2.00 38.00 X X 0 274842 13811 TODD LACY PRESIDENT 2.00 38.00 X 0 274842 27220 CASY ADAMS VICE PRESIDENT 40.00 X 0 133386 10767 ANN RICH EXECUTIVE DIRECTOR - MEADOW 40.00 X 0 107362 14737 MIKE TRUAX EXECUTIVE DIRECTOR - MIRALEA 40.00 X 0 114462 21677 GARY MARSH FORMER CEO/PRESIDENT 0.00 X 0 241931 0 0 1146825 88212 0 1 1 0 BRANDMETTLE LLC 436 MAIN STREET SUITE 200 FRANKLIN TN 37064 MARKETING 315579 GREYSTONE DEVELOPMENT COMPANY 225 E JOHN CARPENTER FWY STE 700 IRVING TX 75062 DEVELOPER 312429 PMCH CONSTRUCTION 1415 BARDSTOWN ROAD 8 LOUISVILLE KY 40204 CONTRACTOR 214866 FLYNNBROTHERS CONTRACTING PO BOX 32065 LOUISVILLE KY 40232 CONTRACTOR 148334 4 RESIDENT SERVICES 623990 14384502 14384502 14384502 434718 434718 522977 0 3709 522977 -3709 519268 519268 M & M CLINICS 621110 -90289 -90289 -90289 15248199 14294213 0 953986 X 38901 38901 106188 106188 93674 93674 4364796 64023 4300773 112327 112327 72977 12966 60011 196106 196106 846428 666428 180000 19564 2994 16570 4085 4085 4350582 4350582 5442262 5442262 330035 330035 REIMBURSED SALARY EXPEN 4048960 2678314 1370646 EXPENSE ALLOCATION 2647435 2647435 LONG TERM CARE 988531 988531 FOOD 719159 719159 505069 458655 46414 24887079 18361384 6525695 0 1201316 574627 276870 606596 15766 36341 6358 26164 126470198 12091351 42739815 114378847 11939231 13129192 -48585 -18874 61404586 20463306 117535357 149196199 711679 412237 2860962 6448886 94097088 91624881 0 2623017 40425657 79537044 138095386 180646065 X -20560029 -31449866 -20560029 -31449866 117535357 149196199 X -9638880 1520426 -2771383 X X 0 1 X 1 0 X 4972553 5918264 6158468 5941177 14294213 37284675 4972553 5918264 6158468 5941177 14294213 37284675 0 0 0 37284675 316955 278337 248807 211169 434718 1489986 316955 278337 248807 211169 434718 1489986 8947 8947 5289508 6196601 6407275 6161293 14728931 38783608 0.96140 0.95160 0.03840 0.04810 X 1000000 1000000 117265687 9768774 107496913 5115797 1402461 3713336 3088714 920116 2168598 114378847 CONTRACT ACQUISITION COSTS, NET 594199 BOND ACCOUNTS 6599969 ACCRUED INTEREST 26297 DUE TO AFFILIATES 10619824 OPERATING LEASE RIGHT OF USE ASSETS 2623017 20463306 REFUNDABLE DEPOSITS 65123 ACCRUED INTEREST PAYABLE 557617 REFUNDABLE ENTRANCE FEES AND DEPOSITS 78914304 79537044 X 18388657 1520426 1713706 3234132 15154525 93674 93674 15248199 26507111 1713706 1713706 24793405 93674 93674 24887079 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE HOME IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROPERTIES AND FIRSTLIGHT ARE A LIMITED LIABILITY COMPANY THUS NOT SUBJECT TO FEDERAL INCOME TAXES AS THE INCOME AND OR LOSS WOULD BE ALLOCATED DIRECTLY TO THE HOME. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE MORE-LIKELY-THAN-NOT APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: LTC EXPENSE/REVENUE COMBINED ON INTERNAL FINANCIALS 1,713,706. PART XII, LINE 2D - OTHER ADJUSTMENTS: LTC EXPENSE/REVENUE COMBINED ON INTERNAL FINANCIALS 1,713,706. 1 0 0 0 0 0 0 0 0 J SCOTT JUDY CEO 0 267642 0 0 0 7200 0 7797 0 6014 0 288653 0 0 TODD LACY PRESIDENT 0 267642 0 0 0 7200 0 10706 0 16514 0 302062 0 0 GARY MARSH FORMER CEO/PRESIDENT 0 241931 0 0 0 0 0 0 0 0 0 241931 0 0 PART I, LINE 3 THE RELATED ORGANIZATION, MASONIC HOMES OF KENTUCKY, USES ALL OF THE ITEMS LISTED TO ESTABLISH COMPENSATION OF THE CEO. PART I, LINE 4A GARY MARSH LEFT THE ORGANIZATION 9/18/2018 AND RECEIVED SEVERANCE THROUGH 9/18/2019. HE RECEIVED A 1099 FOR HIS SEVERANCE PAYMENTS WHICH TOTALLED $241,931 IN 2019. A KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY REVENUE BONDS 610600439 49126PFH8 2016-11-03 127281735 MIRALEA PHASE III CONSTRUCTION, A SERIES 87,880,000, B SERIES $35,000,000 0 0 0 A 37952986 127281735 6704500 32907988 2446595 85222651 1 1 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 6 MASONIC HOMES OF KENTUCKY, INC. IS THE "SOLE MEMBER" OF MASONIC HOME INDEPENDENT LIVING II, INC. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF MASONIC HOMES OF KENTUCKY, INC. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF MASONIC HOMES OF KENTUCKY, INC. SHALL HAVE THE AUTHORITY TO ADOPT BY-LAWS AND REGULATIONS AS MAY BE NECESSARY FOR THE GOVERNMENT OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS FIRST REVIEWED BY INTERNAL MANAGEMENT AND THEN A COPY IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY MEMBER OF THE BOARD HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL MAKE A PROMPT, FULL, AND FRANK DISCLOSURE OF HIS INTEREST. OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS AND REMOVE THEMSELVES FROM ANY DISCUSSION AND VOTE WHERE THEY HAVE A CONFLICT. IF A CONFLICT IS DEEMED TO EXIST, SUCH A PERSON SHALL NOT VOTE ON, NOR USE HIS PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 64,023. MANAGEMENT AND GENERAL EXPENSES 306,406. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 370,429. MARKETING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,994,367. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,994,367. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS FROM THE GROVE AND MEADOW -2,771,383. FORM 990, PAGE 12, PART XII, QUESTION 2C THE RELATED ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND OVERSEES THE AUDIT. THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. MASONIC HOMES OF KENTUCKY INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 610458374 TO PROVIDE AND MAINTAIN A HOME FOR WIDOWS OF DECEASED MASONS KY 501 (C) (3) LINE 7 N/A 0 MASONIC RETIREMENT VILLAGE OF TAYLOR MILL INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 311756851 TO PROVIDE AND MAINTAIN AFFORDABLE HOUSING FOR THE ELDERLY KY 501 (C) (3) LINE 10 MASONIC HOMES OF KENTUCKY INC 1 MASONIC HOMES OF KENTUCKY PEDIATRIC DAYCARE INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 273248085 TO PROVIDE DAYCARE AND PRESCHOOL SERVICES. KY 501 (C) (3) LINE 10 MASONIC HOMES OF KENTUCKY INC 1 MASONIC HOMES COMMUNITY BASED SERVICES INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 273248199 TO PROVIDE SERVICES THAT ENABLE PEOPLE TO REMAIN LIVING IN THEIR HOMES. KY 501 (C) (3) LINE 7 MASONIC HOMES OF KENTUCKY INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0