2019-11-12T09:29:11-06:00 2018-12-31 271235638 MCM CPAS & ADVISORS LLP 462 S FOURTH ST SUITE 2600 LOUISVILLE KY 402023445 990 2018-01-01 273168105 MASONIC HOME INDEPENDENT LIVING II INC MASO 5028974907 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 KIMBERLY LEIS SR VP ACCOUNTING 5028974907 2019-11-06 1 LEE GROZA P00034644 5027491900 2019-11-05 69.135.99.226 2019-11-06 12:23:32 ES P 5855C4704BF4BC980C71C3B4F7AB9D96AFB425EF 7BC03200B59B8D135570A695E1C47AECE452BE89 2018 2020-03-31 21:24:44Z X MIRALEAGROVE POINTETHE MEADOW TODD LACY 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 6279130 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. 7 7 88 15 0 0 0 0 6158770 6059762 326099 329006 0 -109638 6484869 6279130 0 0 0 0 0 0 0 0 0 8550321 8427248 8550321 8427248 -2065452 -2148118 158141845 117535357 175584211 138095386 -17442366 -20560029 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 7356818 5941177 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. MIRALEA 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. 7356818 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 62 0 1 88 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 1 1 KY X CATHY KANNAPPEL 5027538800 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 MARTIN R WALTERS CHAIRMAN 0.80 1.60 X X 0 0 0 DAVID L OWEN VICE CHAIRMAN 0.80 1.60 X X 0 0 0 RICHARD T NATION SECRETARY 0.80 1.60 X X 0 0 0 RONALD S CAUGHRON TREASURER 0.80 2.40 X X 0 0 0 JOHN SAMMONS DIRECTOR 0.80 1.60 X 0 0 0 JOSEPH R CONWAY DIRECTOR 0.80 1.60 X 0 0 0 TIM SANDERS DIRECTOR 0.80 1.60 X 0 0 0 GARY MARSH PRESIDENT & CEO 2.00 38.00 X 0 323758 16405 TODD LACY SR VP FINANCE & CFO 2.00 38.00 X 0 272809 23989 CASY ADAMS VICE PRESIDENT 40.00 0.00 X 0 115015 9567 0 711582 49961 0 0 1 0 PMCH CONSTRUCTION 1415 BARDSTOWN ROAD 8 LOUISVILLE KY 40204 CONTRACTOR 15647296 GREYSTONE DEVELOPMENT COMPANY 225 E JOHN CARPENTER FWY STE 700 IRVING TX 75062 DEVELOPER 539235 GLYNNDEVINS ADVERTISING 8880 WARD PKWY SUITE 400 KANSAS CITY MO 64114 MARKETING 381506 GCD KENTUCKY LLC 225 E JOHN CARPENTER FWY STE 700 IRVING TX 75062 DEVELOPER 377665 REESE DESIGN 445 BAXTER AVENUE LOUISVILLE KY 40204 CONSULTING 286083 6 RESIDENT SERVICES 623990 6059762 6059762 6059762 211169 211169 117837 0 117837 117837 117837 MISCELLANEOUS REVENUE 900099 8947 8947 M & M CLINICS 621110 -118585 -118585 -109638 6279130 5941177 0 337953 4470 4470 44250 44250 149555 149555 68377 14060 54317 30796 30796 50869 13993 36876 122346 122346 463132 328132 135000 17922 198 17724 3996 3996 1676362 1676362 1955557 1955557 105550 105550 REIMBURSED SALARY EXPEN 1686110 898443 787667 EXPENSE ALLOCATION 1353192 1353192 LONG TERM CARE 550292 550292 FOOD 269109 269109 -124637 191930 -316567 8427248 7356818 1070430 0 6108938 1201316 40673 276870 17608 15766 26214 6358 50081525 7341710 96609321 42739815 12533909 11939231 -48585 42805182 61404586 158141845 117535357 4401755 711679 2630310 2860962 124556974 94097088 43995172 40425657 175584211 138095386 X -17442366 -20560029 -17442366 -20560029 158141845 117535357 -2148118 -969545 0 X X 0 1 X 1 0 X 4458879 4972553 5918264 6158468 5941177 27449341 4458879 4972553 5918264 6158468 5941177 27449341 0 0 0 27449341 332609 316955 278337 248807 211169 1387877 332609 316955 278337 248807 211169 1387877 8947 8947 4791488 5289508 6196601 6407275 6161293 28846165 0.95160 0.94300 0.04810 0.05700 X 1000000 1000000 42003304 5952229 36051075 2488644 876093 1612551 4589577 513388 4076189 42739815 CONTRACT ACQUISITION COSTS, NET 1943126 BOND ACCOUNTS 9685148 ACCRUED INTEREST 48790 DUE TO AFFILIATES 49727522 61404586 REFUNDABLE DEPOSITS 68403 ACCRUED INTEREST PAYABLE 535228 REFUNDABLE ENTRANCE FEES AND DEPOSITS 39822026 40425657 X 6222528 -969545 912943 -56602 6279130 0 6279130 9340191 912943 912943 8427248 0 8427248 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 912,943. PART XII, LINE 2D - OTHER ADJUSTMENTS: LTC EXPENSE/REVENUE COMBINED ON INTERNAL FINANCIALS 912,943. 1 0 0 0 0 0 0 0 0 GARY MARSH PRESIDENT & CEO 0 252660 0 0 0 71098 0 8735 0 7670 0 340163 0 0 TODD LACY SR VP FINANCE & CFO 0 265609 0 0 0 7200 0 8438 0 15551 0 296798 0 0 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 $66,298 IN 2018. 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 30889584 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, 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