2019-02-13T02:29:38-00:00 2017-12-31 990 2017-01-01 521404857 AIR FORCE RETIRED OFFICERS COMMUNITY - WASHINGTON DC AIRF 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 Hardy M Lister CFO CFO 2019-02-13 false Hardy M Lister 2019-02-13 74.93.118.133 2019-02-13 19:29:15 ES 5443842018310roppbpy 2018-11-06 P 2DC452FBE1A742DB16161322734D894D80231229 2DC452FBE1A742DB16161322734D894D80231229 2017 2019-02-21 02:37:17Z FALCONS LANDING BARBARA BRANNON 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 32487914 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 12 12 394 83 0 329197 676200 29799574 30605977 445581 875817 0 30574352 32157994 109467 85731 0 15895841 16391258 0 0 14016872 13417268 30022180 29894257 552172 2263737 79784448 83700962 93093940 93892125 -13309492 -10191163 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 13218614 22365818 PROVIDE HOUSING FOOD AND OTHER SERVICES TO 412 INDEPENDENT LIVING RESIDENTS OF A RETIREMENT COMMUNITY 12975476 10731 8240159 PROVIDE HOUSING, NURSING, FOOD AND OTHER SERVICES TO 121 HEALTH CENTER RESIDENTS OF A RETIREMENT COMMUNITY 75000 75000 13,638 HOURS OF RESIDENT VOLUNTEER HOURS TO THE COMMUNITY VALUED AT 364,818, 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. 76,655 IN RESIDENT DONATIONS TO THE LOCAL FIRE RESCUE SQUAD. 22,200 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 26269090 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 39 0 true 394 true false false false false false false false false false false X 12 12 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 DIRECTOR 005.00 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 ROBERT WORLEY DIRECTOR 005.00 X 0 0 0 TED BOWLDS DIRECTOR 005.00 X 0 0 0 STEVE PLUMMER VICE CHAIRMAN 005.00 X 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 STEVE LEPPER DIRECTOR 005.00 X 0 0 0 MIKE ROSSI DIRECTOR 005.00 X 0 0 0 BARBARA BRANNON PRESIDENT/CEO 040.00 X 259460 0 70030 HARDY LISTER CFO 040.00 X 221238 0 8113 FRED SIMPSON HUMAN RESOURCES DIRECTOR 040.00 X 139129 0 5281 ROBERT BESSERER DINING DIRECTOR 040.00 X 123556 0 2610 REBECCA LEAH DAILY MARKETING DIRECTOR 040.00 X 125766 0 2186 LLENA STA ANA DIRECTOR OF NURSING 040.00 X 118602 0 13048 PETER PLANTE MAINTENANCE DIRECTOR 040.00 X 132158 0 5051 1119909 106319 7 false true false BEST CHOICE CONSTRUCTION INC 7404 KALLENBURG COURT MANASSAS VA 20111 CONSTRUCTION 1132883 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 861781 BRYAN CONSTRUCTION PO BOX 897 GAINSVILLE VA 20156 ROOFING 284495 DCMC PO BOX 1877 ASHBURN VA 20146 CONCRETE 270080 TOWN & COUNTRY LANDSCAPING PO BOX 1128 LORTON VA 22199 LANDSCAPING 252277 13 676200 676200 EARNED ENTRANCE FEES 623990 5572486 5572486 MONTHLY MAINTENANCE FEES 623990 16401005 16401005 HEALTHCARE SERVICE FEES 623990 8240159 8240159 OTHER PRGRAM SERVICE REVENUE 623990 392327 392327 30605977 1205737 1205737 329920 -329920 -329920 -329920 32157994 30276057 1205737 0 85731 85731 0 0 500967 500967 0 12881344 11505851 1375505 338756 332456 6300 1762106 1658414 103693 908085 802926 105159 0 13009 13009 60502 60502 0 0 167977 157903 10074 289579 2407 287171 104099 41620 62479 469784 35233 434551 0 1028094 1028094 13313 5481 7832 0 38152 19152 19000 749154 749154 0 4825186 4825186 414247 414247 Food 1510309 1510309 Maintenance 838653 837411 1242 Medicare 1078704 1078704 Supplies and Equipment 1068006 1040521 27485 748500 552537 195963 29894257 26269090 3625179 0 874556 573579 9989771 4550335 518898 903872 213000 493313 829424 111548476 55587713 56182709 55960763 11725201 20669989 79784448 83700962 2966908 3396673 32995751 34498225 33354503 30155104 23776778 25842123 93093940 93892125 X -13776784 -10741485 467292 550322 -13309492 -10191163 79784448 83700962 2263737 854592 X X false true X true false X 0 0.00000 883164 456228 525789 329197 510140 2704518 27796788 27506141 29463221 29528606 30213650 144508406 28679952 27962369 29989010 29857803 30723790 147212924 147212924 530108 682182 529056 591411 1205737 3538494 0 530108 682182 529056 591411 1205737 3538494 0 306616 294982 313683 270968 392327 1578576 29516676 28939533 30831749 30720182 32321854 152329994 0.96640 0.97190 0.02320 0.01770 X Part III Section B Line 12 Other income from Beauty Salon Guest meals Guest rooms Employee meals etc true 1011490 612480 821640 802330 false 6963112 6963112 79212375 40489373 38723002 5442230 3481855 1960375 19930759 11616485 8314274 55960763 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Priority Deposits 676000 Annuities Payable 391624 Refundable Advance Fees 24774499 25842123 33012586 854592 854592 32157994 32157994 29894257 29894257 29894257 IV 1A FALCONS LANDING MAINTAINS AN ESCROW ACCOUNT FOR INDIVIDUALS WHO HAVE PLACED WAIT LIST AND RESERVATION AGREEMENT DEPOSITS PENDING THEIR MOVE IN THESE DEPOSITS ARE COMPLETELY REFUNDABLE AND ALL INTEREST ACCRUES TO THE INDIVIDUAL true FINANCIAL ASSISTANCE TO RESIDENTS 1 10731 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 BARBARA BRANNON PRESIDENT/CEO 229368 30092 69385 646 329491 HARDY LISTER CFO 187480 5298 28460 7574 539 229351 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 2218281 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 AND PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. 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 OT 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 SCOTT CUSTER LAUREN LLOYD AND ED REODRIGUEZ ALL OF THE EXECUTIVE COMMITTEE MEMBERS ARE MEMBERS OF THE BOARD OF DIRECTORS