2019-10-23T13:40:01-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2018-01-01 741501375 WESTMINSTER MANOR WEST 5124544711 4100 JACKSON AUSTIN TX 78731 CHARLES BORST EXECUTIVE DIRECTOR 5124544711 2019-10-22 1 MICHAEL SIEGEL P01587323 9723835700 67.137.57.251 2019-10-22 12:39:17 CD P 3D9154BA3048C734CF542378A967588326016629 0846508072D5270B8092D1C8AB3358979BEFEBA4 2018 2020-01-14 16:20:31Z CHARLES BORST 4100 JACKSON AUSTIN TX 78731 31544375 0 X WWW.WESTMINSTERMANOR.ORG X 1967 TX THE GOAL OF WESTMINSTER MANOR IS TO RELIEVE THE RETIRED PERSON OF THE RESPONSIBILITY OF HOME MANAGEMENT AND TO PROVIDE ECONOMICAL SUPPORT AND NURSING CARE IN THE COMPANY'S HEALTH FACILITY FOR THE RESIDENTS.THE GOAL OF WESTMINSTER MANOR IS TO RELIEVE THE RETIRED PERSON OF THE RESPONSIBILITY OF HOME MANAGEMENT AND TO PROVIDE ECONOMICAL SUPPORT AND NURSING CARE IN THE COMPANY'S HEALTH FACILITY FOR THE RESIDENTS. 12 12 429 40 0 0 40168 21190 28484944 28785467 1948283 1531103 896566 866636 31369961 31204396 0 0 0 0 12698049 13096017 0 0 0 15257102 15231093 27955151 28327110 3414810 2877286 159255682 159459415 180048702 180780167 -20793020 -21320752 X THE GOAL OF WESTMINSTER MANOR IS TO RELIEVE THE RETIRED PERSON OF THE RESPONSIBILITY OF HOME MANAGEMENT AND TO PROVIDE ECONOMICAL SUPPORT AND NURSING CARE IN THE COMPANY'S HEALTH FACILITY FOR THE RESIDENTS. 0 0 11598472 20935333 MANOR APARTMENTS - THE ORGANIZATION PROVIDES APARTMENTS AND ASSISTED LIVING SERVICES TO ITS RESIDENTS. 7074097 6077900 MEDICAL CENTER - THE ORGANIZATION MAINTAINS A SKILLED NURSING CARE FACILITY TO MEET THE HEALTH NEEDS OF ITS RESIDENTS. 6805382 594629 FOOD SERVICE - THE ORGANIZATION PROVIDES FOOD SERVICES TO MAINTAIN THE HEALTH AND WELL BEING OF ITS RESIDENTS. 581231 1177605 THE ORGANIZATION OBTAINED A STATE LICENSE FOR AN ASSISTED LIVING UNIT IN APRIL 2012. THE UNIT HAS 22 BEDS. 581231 1177605 26059182 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 95 0 429 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 1 0 X SARAH LOYD & SCOTT THOMPSON 5124544711 4100 JACKSON AUSTIN TX 78731 WILLIAM BROWN BOARD CHAIRMAN 0.50 X X 0 0 0 DAVID REDDING BOARD VICE CHAIRMAN 0.50 X X 0 0 0 EDWIN SHARPE SECRETARY 0.50 X X 0 0 0 DIANA DINITTO MEMBER 0.50 X 0 0 0 MIKE ELEDGE MEMBER 0.50 X 0 0 0 JAMES FLIELLER MEMBER 0.50 X 0 0 0 DAVID FOWLER MEMBER 0.50 X 0 0 0 PAUL HILGERS MEMBER 0.50 X 0 0 0 NICK MOORE MEMBER 0.50 X 0 0 0 DAVID QUINTANILLA MEMBER 0.50 X 0 0 0 BOYD TAYLOR RESIDENT MEMBER 0.50 X 0 0 0 JAMES LOZIER RESIDENT MEMBER 0.50 X 0 0 0 MAX SHERMAN RESIDENT MEMBER 0.50 X 0 0 0 JAMES WOODWORTH MEMBER 0.50 X 0 0 0 CHARLES BORST EXECUTIVE DIRECTOR 50.00 X 0 0 0 RONALD BRIAN HADDOCK HEALTH CENTER ADMINISTRATOR 50.00 X 0 0 0 SARAH LOYD ASSOC. EXEC. DIRECTOR 40.00 X 123715 0 11650 GREG HATTORI MARKETING DIRECTOR 40.00 X 130108 0 1287 KIM OGDEN HUMAN RESOURCES DIRECTOR 40.00 X 110436 0 3892 KIM REES SALES COUNSELOR 40.00 X 102245 0 6316 466504 0 23145 4 0 0 0 DINGWALL PAINTING & REMODELING 21818 HWY 71 W 300 SPICEWOOD TX 78669 BUILDING REMODELING 1878705 LIFE CARE SERVICES 400 LOCUST ST 820 DES MOINES IA 50309 MANAGEMENT CONSULTING 672265 PORT ENTERPRISES P O BOX 1299 MANCHACA TX 78652 CONTRACT LABOR 237160 CENTRAPRO PAINTERS OF AUSTIN 8711 BURNET ROAD AUSTIN TX 78757 CONTRACT LABOR 217255 GLYNNDEVINS MARKETING & ADVERTISING 8880 WARD PKWY 400 KANSAS CITY MO 64114 ADVERTISING/PR SERVICES 210248 11 21190 21190 NET SERVICE REVENUE 623000 23171789 23171789 ENTRANCE FEE AMORTIZATION 623990 5613678 5613678 28785467 1173591 1173591 697491 339979 357512 357512 357512 MEAL REVENUE 812900 517250 517250 RENTALS AND GUEST ROOMS 623990 164035 164035 BEAUTY, BARBER, AND GIFT SHOP 453220 92018 92018 93333 93333 866636 31204396 28785467 0 2397739 123715 113810 9905 10419626 9585409 834217 1587104 1460037 127067 965572 888266 77306 614986 565749 49237 49204 45265 3939 50353 46322 4031 93727 86223 7504 396047 364339 31708 48417 44541 3876 191892 176529 15363 1311157 1206183 104974 17433 16037 1396 9302 8557 745 2946917 2710981 235936 3955232 3638568 316664 384534 353747 30787 FOOD 1930779 1776197 154582 SUPPLIES 882846 812163 70683 MAINTENANCE & EQUIPMENT 816097 750759 65338 MEDICAL/THERAPY EXPENSE 736396 677439 58957 795774 732061 63713 28327110 26059182 2267928 0 123047 1253326 26060394 26197595 1251150 2176641 85671 81621 373334 353887 122749592 46674367 78268899 76075225 50550119 47815000 2543068 5506120 159255682 159459415 2323641 3049330 36108522 37183964 72022879 70124786 2967576 5196678 66626084 65225409 180048702 180780167 X -20793020 -21320752 -20793020 -21320752 159255682 159459415 X 2877286 -3394048 -10970 X X 0 1 X 1 0 X 84999 42155 28144 40168 21190 216656 27072198 27011090 27652102 28484944 28785467 139005801 27157197 27053245 27680246 28525112 28806657 139222457 0 0 0 139222457 812821 881104 921436 1187129 1173591 4976081 812821 881104 921436 1187129 1173591 4976081 14818 14818 881157 922600 960224 866636 3630617 27984836 28815506 29524282 30672465 30846884 147843973 0.94170 0.94950 0.03370 0.03060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MEAL REVENUE - 2015 AMOUNT: $ 503,668. 2016 AMOUNT: $ 527,001. 2017 AMOUNT: $ 530,401. 2018 AMOUNT: $ 517,250. RENTALS/GUEST ROOMS - 2015 AMOUNT: $ 143,380. 2016 AMOUNT: $ 169,190. 2017 AMOUNT: $ 155,139. 2018 AMOUNT: $ 164,035. OTHER INCOME - 2015 AMOUNT: $ 135,038. 2016 AMOUNT: $ 126,547. 2017 AMOUNT: $ 179,391. 2018 AMOUNT: $ 93,333. BEAUTY BARBER AND GIFT SHOP - 2015 AMOUNT: $ 99,071. 2016 AMOUNT: $ 99,862. 2017 AMOUNT: $ 95,293. 2018 AMOUNT: $ 92,018. 1195084 1195084 107260663 36573099 70687564 1947352 556065 1391287 12346493 9545203 2801290 76075225 ANNUITIES PAYABLE 10970 ENTRANCE FEE DEPOSITS 1280055 REFUNDABLE ENTRANCE FEES 58561035 REFUNDS IN PROCESS 5373349 65225409 X 27799378 -3394048 -10970 -3405018 31204396 0 31204396 28327110 0 28327110 0 28327110 PART X, LINE 2: WESTMINSTER MANOR'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. WESTMINSTER MANOR IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. WESTMINSTER MANOR IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF ANNUITIES PAYABLE -10,970. A TRAVIS COUNTY HEALTH FACILITIES DEVELOPMENT CORP 742251752 89438LCB2 2010-02-23 64620000 LT FINANCING CONSTRUCTION OF 75 APTS AND NEW HEALTH CENTER 1 0 0 B NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UCL6 2016-09-15 70475514 REFINANCING OF THE SERIES 2010 BONDS 0 0 0 A 7115000 55085000 64620000 351500 1292400 57819069 5157031 2013 0 0 1 1 B 945000 70475514 4737690 63484648 1018797 1234379 2016 0 1 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TRAVIS COUNTY HEALTH FACILITIES DEVELOPMENT CORP. DATE THE REBATE COMPUTATION WAS PERFORMED: 02/23/2015 SCHEDULE K, PART II, COLUMN B, LINE 11 THIS AMOUNT REPRESENTS PROCEEDS USED TO ADVANCE REFUND THE 2/23/2010 ISSUANCE. SCHEDULE K, PAGE 1, PART II, COLUMN B, LINE 3 INCLUDED IN THE TOTAL PROCEEDS FIGURE IS AN ORIGINAL ISSUE PREMIUM OF $8,950,514. FORM 990, PART VI, SECTION A, LINE 3 ACCORDING TO A SIGNED AGREEMENT ENTERED INTO MARCH 1, 2014, WESTMINSTER MANOR PAYS MANAGEMENT FEES TO AN UNRELATED ORGANIZATION, LIFE CARE SERVICES, A MANAGEMENT COMPANY, TO PROVIDE THE ORGANIZATION WITH DIRECTORS AS WELL AS OTHER SERVICES. THE DIRECTORS ARE COMPENSATED BY THE MANAGEMENT COMPANY, AND WESTMINSTER MANOR REIMBURSES LIFE CARE SERVICES WITH MONTHLY MANAGEMENT FEES FOR THE COMPENSATION PAID AND OTHER SERVICES PROVIDED. CHARLES BORST AND BRIAN HADDOCK ARE ON-SITE EMPLOYEES/ADMIN MANAGERS OF MANAGEMENT COMPANY, LIFE CARE SERVICES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS PROVIDED TO THE ENTIRE GOVERNING BODY BEFORE IT IS FILED. THE FORM 990 IS REVIEWED BY THE ACCOUNTING DIRECTOR AND THE EXECUTIVE DIRECTOR BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION RELIES ON THE INTEGRITY AND HONESTY OF THOSE WHO MUST COMPLY WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15B EXECUTIVE DIRECTOR AND HEALTH CARE ADMINISTRATOR ARE EMPLOYEES OF LIFE CARE SERVICES MANAGEMENT CO. AS PART OF THE CURRENT MANAGEMENT CONTRACT, THE ADMINISTRATOR IS COMPENSATED THROUGH LIFE CARE SERVICES. THIS IS PART OF MANAGEMENT COMPANY CONTRACT. THE LAST CONTRACT RENEWAL WAS MARCH 1, 2014. FORM 990, PART VI, SECTION C, LINE 19 WESTMINSTER MANOR DOES NOT MAKE THEIR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. MONTHLY AND OUARTERLY FINANCIAL STATEMENTS ARE POSTED TO THE EMMA WEBSITE. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR IS AN EMPLOYEE OF LIFE CARE SERVICES MANAGEMENT CO. AS PART OF THE CURRENT MANAGEMENT CONTRACT THE DIRECTOR IS COMPENSATED THROUGH LIFE CARE SERVICES. THE LAST CONTRACT RENEWAL WAS IN 2014. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST -10,970. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A COMMITTEE WHICH ASSUMES RESPONSIBILITY FOR CHOOSING THE INDEPENDENT AUDITOR AND OVERSIGHT OF THE INDEPENDENT AUDIT. THIS PROCESS IS CONSISTENT WITH PRIOR YEARS. FORM 990, PART VII, SECTION A IN 2018, WESTMINSTER MANOR'S MANAGEMENT COMPANY, LIFE CARE SERVICES, COMPENSATED EXECUTIVE DIRECTOR CHARLES BORST IN THE AMOUNT OF $234,568 AND HEALTH CENTER ADMINISTRATER RONALD (BRIAN) HADDOCK IN THE AMOUNT OF $122,500. PER IRS GUIDANCE, NO COMPENSATION IS SHOWN ON FORM 990, PART VII FOR CHARLES BORST AND RONALD (BRIAN) HADDOCK. BULL CREEK PROPERTIES LLC 4100 JACKSON AUSTIN TX 78731 462471512 REAL ESTATE HOLDING TX 26340 426559 WESTMINSTER MANOR