2019-11-07T11:33:51-00:00 2018-12-31 Air Force Retired Officers Community 20522 Falcons Landing Circle Potomac Falls VA 20165 990 2018-01-01 521404857 AIR FORCE RETIRED OFFICERS COMMUNITY - WASHINGTON DC AIRF 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 Hardy M Lister CFO CFO 2019-11-05 false Hardy M Lister 7034045145 2019-11-05 74.93.118.133 2019-11-07 16:22:31 ES P 2DC452FBE1A742DB16161322734D894D80231229 2DC452FBE1A742DB16161322734D894D80231229 2018 2020-03-31 21:24:44Z FALCONS LANDING BARBARA BRANNON 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 35221686 false X WWW.FALCONSLANDING.ORG X 1984 VA FALCONS LANDING PROVIDES HOUSING AND SERVICES VIA A CONTINUING CARE RETIREMENT COMMUNITY TO RETIRED AND HONORABLY DISCHARGED MILITARY OFFICERS AND SENIOR RETIRED FEDERAL EMPLOYEES, THEIR SPOUSES AND WIDOWED SPOUSES 11 11 400 214 0 676200 414829 30605977 32164062 875817 1768895 0 32157994 34347786 85731 75000 0 16391258 16115415 0 0 13417268 13673326 29894257 29863741 2263737 4484045 83700962 83100115 93892125 92159982 -10191163 -9059867 X MISSION IS TO OPERATE A FIRST CLASS NOT FOR PROFIT CONTINUING CARE RETIREMENT COMMUNITY FOR THE BENEFIT OF RETIRED MILITARY OFFICERS AND SENIOR RETIRED FEDERAL EMPLOYEES THEIR SPOUSES AND WIDOWED SPOUSES AND HONORABLY DISCHARGED MIITARY OFFICERS WE SHALL PROVIDE FACILITIES AND SERVICES THAT SUPPORT AND ENHANCE THE HEALTH SECURITY HAPPINESS AND false false 13260713 23154066 PROVIDE HOUSING FOOD AND OTHER SERVICES TO 406 INDEPENDENT LIVING RESIDENTS OF A RETIREMENT COMMUNITY 12908544 9009996 PROVIDE HOUSING, NURSING, FOOD AND OTHER SERVICES TO 106 HEALTH CENTER RESIDENTS OF A RETIREMENT COMMUNITY 75000 75000 13,010 HOURS OF RESIDENT VOLUNTEER HOURS TO THE COMMUNITY VALUED AT 348,018, INCLUDING THE AARP TAX AIDE PROGRAM, MEALS ON WHEELS, SUPPORT TO PUBLIC SCHOOL PROGRAMS SUCH AS HEAD START, HANDMADE TEDDY BEARS FOR THE FIRE RESCUE AND LOUDOUN HOSPITAL, SPECIAL OLYMPICS AND MANY OTHER PROGRAMS. 84,730 IN RESIDENT DONATIONS TO THE LOCAL FIRE RESCUE SQUAD. 25,000 OF DONATIONS BY THE RESIDENT CHAPEL COMMITTEE TO VARIOUS LOCAL CHARITIES. PROVIDED BALLROOM AND MEETING ROOM SPACE TO OUTSIDE NOT-FOR-PROFIT ORGANIZATIONS AND FOR OTHER COMMUNITY ACTIVITIES. AWARDED 75,000 IN SCHOLARSHIPS TO LOUDOUN COUNTY HIGH SCHOOL SENIORS 26244257 true true false false false false false false true false true false false false true false true false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false true 43 0 true 400 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true false false true false false VA X HARDY LISTER 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 WILLIAM TIMME CHAIRMAN 005.00 X X 0 0 0 SCOTT CUSTER VICE CHAIRMAN 005.00 X X 0 0 0 LAUREN LLOYD TREASURER 005.00 X X 0 0 0 MARY PAT COUIG SECRETARY 005.00 X X 0 0 0 TED BOWLDS DIRECTOR 005.00 X 0 0 0 ED RODRIGUEZ DIRECTOR 005.00 X 0 0 0 GEORGE EICHERT DIRECTOR 005.00 X 0 0 0 KEVIN GREEN DIRECTOR 005.00 X 0 0 0 FLORA DARPINO DIRECTOR 005.00 X 0 0 0 MARY LOWE MAYHUGH DIRECTOR 005.00 X 0 0 0 DOUG ROBB DIRECTOR 005.00 X X 0 0 0 BARBARA BRANNON PRESIDENT/CEO 040.00 X 269713 0 70415 HARDY LISTER CFO 040.00 X 228930 0 8139 FRED SIMPSON HUMAN RESOURCES DIRECTOR 040.00 X 146884 0 5340 ROBERT BESSERER DINING DIRECTOR 040.00 X 130569 0 1521 REBECCA LEAH DAILY MARKETING DIRECTOR 040.00 X 130012 0 2936 LISA DEGILIO NURSE PRACTITIONER 040.00 X 127246 0 5427 PETER PLANTE MAINTENANCE DIRECTOR 040.00 X 142835 0 5340 1176189 99118 13 false true false BEST CHOICE CONSTRUCTION INC 7404 KALLENBURG COURT MANASSAS VA 20111 CONSTRUCTION 1399422 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 1026443 RLPS ARCHITECTS LLP 250 VALLEYBROOK DRIVE LANCASTER PA 17601 ARCHITECT 938183 HOME-KIM GROUP 10103 RESIDENCY ROAD MANASSAS VA 20110 CONSTRUCTION 334099 THE WHITING-TURNER CONSTRUCTION COMPANY PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 272635 20 414829 414829 EARNED ENTRANCE FEES 623990 6017695 6017695 MONTHLY MAINTENANCE FEES 623990 16753755 16753755 HEALTHCARE SERVICE FEES 623990 9009996 9009996 OTHER PRGRAM SERVICE REVENUE 623990 382616 382616 32164062 1590849 1590849 999982 51964 873900 126082 51964 178046 178046 34347786 32164062 1768895 0 75000 75000 0 0 675741 675741 0 12940058 11740226 1199832 320869 320586 283 1216969 1151052 65917 961778 850583 111195 0 18464 18464 60956 60956 0 0 168894 153660 15234 298771 3512 295259 87831 41863 45968 509529 41339 468190 0 1018437 1018437 6868 537 6331 0 40496 15706 24790 760010 760010 0 4979817 4979817 421495 421495 Food 1500936 1500936 Maintenance 815820 811598 4222 Medicare 1246124 1246124 Supplies and Equipment 984806 962946 21860 754072 570325 183747 29863741 26244257 3619484 0 573579 600704 4550335 4319894 903872 1072206 213000 826509 829424 838768 117410473 60555978 55960763 56854495 20669989 18587539 83700962 83100115 3396673 3834544 34498225 35632648 30155104 28054724 25842123 24638066 93892125 92159982 X -10741485 -9684881 550322 625014 -10191163 -9059867 83700962 83100115 4484045 -3352749 X X false true X true false X 0 0.00000 456228 525789 329197 510140 265445 2086799 27506141 29463221 29528606 30213650 31781446 148493064 27962369 29989010 29857803 30723790 32046891 150579863 150579863 682182 529056 591411 1205737 1590849 4599235 0 682182 529056 591411 1205737 1590849 4599235 0 294982 313683 270968 392327 382616 1654576 28939533 30831749 30720182 32321854 34020356 156833674 0.96010 0.96640 0.02930 0.02320 X Part III Section B Line 12 OTHER INCOME FROM BEAUTY SALON GUEST MEALS GUEST ROOMS EMPLOYEE MEALS ETC RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 802330 605480 497296 910514 false 6963112 6963112 82171904 43658076 38513828 5790479 3717847 2072632 20496662 13180055 7316607 1988316 1988316 56854495 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Priority Deposits 655000 Annuities Payable 403685 Refundable Advance Fees 23579381 24638066 30920345 -3352749 -3352749 34273094 74692 74692 34347786 29863741 29863741 29863741 IV 1A FALCONS LANDING MAINTAINS AN ESCROW ACCOUNT FOR INDIVIDUALS WHO HAVE PLACED WAIT LIST AND RESERVATION AGREEMENT DEPOSITS PENDING THEIR MOVE IN THESE DESPOSITS ARE COMPLETELY REFUNDABLE AND ALL INTEREST ACCRUES TO THE INDIVIDUAL XI 4b CHANGE IN NET ASSETS WITH DONOR RESTRICTIONS true HIGH SCHOOL SCHOLARSHIPS 15 75000 Part I Line 2 A POLICY HAS BEEN DEVELOPED FOR THE USE OF BENEVOLENCE FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS THE CFO RECEIVES REVIEWS AND VERIFIES REQUESTS FOR FINANCIAL ASSISTANCE THE REQUESTS ARE THEN FORWARDED TO THE BENEVOLENCE COMMITTEE AND THEN TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL X X false false false false false false false false false FRED SIMPSON HUMAN RESOURCES DIRECTOR 139335 6356 1193 4800 539 152223 BARBARA BRANNON PRESIDENT/CEO 238706 31007 69769 646 340128 HARDY LISTER CFO 193386 6438 29106 7600 539 237069 A INDUSTRIAL DEVELOPMENT AUTHORING OF LOUDOUN COUNT 521310230 000000000 2016-11-01 32625477 REDEEM SERIES B OF 2004 BOND ISSUE REDEEM SRIES 2014 BOND ISSUE false false false A 4355573 32625477 1996 true false false true A false true true true false 0.00393 0.00393 false false false A false true false false false false false A false Form 990, Part III, Line 1 WELL BEING OF OUR RESIDENTS Form 990, Part VI, Section B, Line 11B FORM 990 IS PREPARED BY THE CFO THEN REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND AUDITOR A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS Form 990, Part VI, Section B, Line 12C THE WRITTEN CONFLICT OF INTEREST POLICY REQUIRES A MANDATORY WRITTEN RESPONSE FROM ALL AFFECTED PARTIES DISCLOSING WHETHER THEY HAVE ANY OUTSIDE INTERESTS THAT WOULD JEPORDIZE THEIR RESPONSIBILITIES AT FALCONS LANDING IN THE EVENT OF A CONFLICT OF INTEREST AFROC WILL TAKE ACTIONS IN ACCORDANCE WITH THE CONFLICTS OF INTEREST POLICY Form 990, Part VI, Section B, Line 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT/CEO INVOLVES A REVIEW OF COMPARABLE SALARIES IN THE INDUSTRY AND REQUIRES APPROVAL BY THE BOARD OF DIRECTORS Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY CONTACTING THE FALCONS LANDING BUSINESS OFFICE Form 990, Part XII, Line 2C THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES THE SELECTION OF THE AUDITORS AND THE AUDIT FINDINGS THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS Form 990, Part VI, Section A, Line 1A THE BOARD OF DIRECTORS HAS DELEGATED AUTHORITY TO THE EXECUTIVE COMMITTEE TO MAKE ANY DECISIONS AS NECESSARY WITH A FOLLOWUP REPORT TO THE FULL BOARD AT THE NEXT BOARD MEETING THE EXECUTIVE COMMITTEE CONSISTS OF WILLIAM TIMME TED BOWLDS LAUREN LLOYD AND ED RODRIGUEZ ALL OF THE EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE BOARD OF DIRECTORS