LUKE INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: LUKE INC (EIN 20-3524338)
Tax period: 2024-01-01 to 2024-12-31
Filed: 2025-11-14
IRS object ID: 202503189349303280
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule L
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-11-14T09:32:24-06:00	ReturnTs
Tax Period End	2024-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	621804252	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WATKINS UIBERALL PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1661 AARON BRENNER DR STE 300	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	203524338	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LUKE INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	LUKE	BusinessNameControlTxt
Phone	9017942598	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3300 S HOUSTON LEVEE RD	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RUDOLF W HERZKE	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	9017942598	PhoneNum
Signature	2025-11-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL KENNEDY	PreparerPersonNm
PTIN	P01750940	PTIN
Phone	9017612720	PhoneNum
Preparation	2025-11-13	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	THE FARMS AT BAILEY STATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	RUDOLF W HERZKE	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3300 S HOUSTON LEVEE RD	AddressLine1Txt
City	COLLIERVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38017	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$27,676,096	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.THEFARMSATBAILEYSTATION.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2005	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	LUKE, INC. D/B/A THE FARMS AT BAILEY STATION IS DEDICATED TO PROVIDING RESIDENTS WITH A QUALITY LIFESTYLE IN A QUALITY ENVIRONMENT, SUPPORTING THE CONCEPT OF CONTINUED INDEPENDENCE AS A PRIORITY IN THE LIFE CARE DECISION.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	5	VotingMembersIndependentCnt
Total Employee	530	TotalEmployeeCnt
Total Volunteers	40	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$22,240,252	PYProgramServiceRevenueAmt
CY Program Service Revenue	$26,720,676	CYProgramServiceRevenueAmt
PY Investment Income	$874,889	PYInvestmentIncomeAmt
CY Investment Income	$955,420	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$23,115,141	PYTotalRevenueAmt
CY Total Revenue	$27,676,096	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$7,733,683	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$9,992,168	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$31,447,788	PYOtherExpensesAmt
CY Other Expenses	$31,949,055	CYOtherExpensesAmt
PY Total Expenses	$39,181,471	PYTotalExpensesAmt
CY Total Expenses	$41,941,223	CYTotalExpensesAmt
PY Revenues Less Expenses	-$16,066,330	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$14,265,127	CYRevenuesLessExpensesAmt
Total Assets BOY	$248,072,818	TotalAssetsBOYAmt
Total Assets EOY	$244,258,314	TotalAssetsEOYAmt
Total Liabilities BOY	$298,456,559	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$308,907,182	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$50,383,741	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$64,648,868	NetAssetsOrFundBalancesEOYAmt
Mission	TO FAITHFULLY SERVE OUR RESIDENTS BY OFFERING THEM SECURITY FOR LIFE, EXCELLENCE IN ALL WE DO, RESPECT FOR INDIVIDUAL DIFFERENCES AND A VIBRANT LIFESTYLE IN AN ENRICHING ENVIRONMENT.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$36,606,579	ExpenseAmt
Revenue	$26,720,676	RevenueAmt
Desc	INDEPENDENT LIVING IN APARTMENTS, GARDEN HOMES, AND OTHER LONG-TERM CARE	Desc
Total Program Service Expenses	$36,606,579	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (1)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	205	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	530	EmployeeCnt
Employment Tax Returns Filed	0	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	5	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	MICHAEL KELLY	PersonNm
Phone	9017942598	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6465 N QUAIL HOLLOW SUITE 400	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
DR JAMES LATIMER
CHAIRMAN/DIRECTOR	1.00	Yes (X)	Yes (X)	$0	$0	$0
BILL MCGAUGHEY
SECRETARY/TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
CINDY COX
DIRECTOR	1.00	Yes (X)		$0	$0	$0
CINDY REAVES
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JOHN FARRIS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JAMES LEWELLEN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RUDOLF W HERZKE
PRESIDENT	1.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
MAGNOLIA LANDSCAPING SERVICES
PO BOX 25447	MEMPHIS	TN	38125	LANDSCAPING	$1,079,512
GMSC OF TENNESSEE LLC
220 E LAS COLINAS BLVD	IRVING	TX	75039	OWNER DIRECT PURCHASE	$847,872
SHIFTKEY LLC
PO BOX 735913	DALLAS	TX	753735913	CONTRACT LABOR	$723,707
LANDON HOMES
2019 MYRTLE BEND DRIVE	GERMANTOWN	TN	38139	GENERAL CONTRACTOR	$582,356
PEDRO PACHECO ALVAREZ
6778 ROCKINGHAM RD	MEMPHIS	TN	38141	REMODELING	$472,409

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	16	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SERVICE FEES	623000	$23,279,332	$23,279,332
EARNED ENTRANCE FEES	623000	$3,441,344	$3,441,344

Field	Value	IRS element (for citing)
Total Program Service Revenue	$26,720,676	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$955,420	TotalRevenueColumnAmt
Exclusion	$955,420	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$27,676,096	TotalRevenueColumnAmt
Related Or Exempt Func Income	$26,720,676	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$955,420	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,019,101	TotalAmt
Program Services	$8,348,613	ProgramServicesAmt
Management And General	$670,488	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$215,123	TotalAmt
Program Services	$153,223	ProgramServicesAmt
Management And General	$61,900	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$757,944	TotalAmt
Program Services	$701,365	ProgramServicesAmt
Management And General	$56,579	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$933,801	TotalAmt
Management And General	$933,801	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$173,144	TotalAmt
Management And General	$173,144	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$199,872	TotalAmt
Program Services	$5,946	ProgramServicesAmt
Management And General	$193,926	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,219,578	TotalAmt
Program Services	$3,595,240	ProgramServicesAmt
Management And General	$624,338	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$524,800	TotalAmt
Management And General	$524,800	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$590,463	TotalAmt
Program Services	$565,734	ProgramServicesAmt
Management And General	$24,729	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$1,465,476	TotalAmt
Program Services	$1,465,476	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$65,602	TotalAmt
Program Services	$18,329	ProgramServicesAmt
Management And General	$47,273	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$12,053,159	TotalAmt
Program Services	$12,051,594	ProgramServicesAmt
Management And General	$1,565	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$6,330,502	TotalAmt
Program Services	$6,278,906	ProgramServicesAmt
Management And General	$51,596	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
TAXES AND INSURANCE	$1,598,296	$21,354	$1,576,942
DIETARY SUPPLIES	$1,518,593	$1,518,593
THERAPY SERVICES	$880,742	$880,742
OTHER EXPENSES	$605,154	$345,115	$260,039

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$789,873	TotalAmt
Program Services	$656,349	ProgramServicesAmt
Management And General	$133,524	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$41,941,223	TotalAmt
Program Services	$36,606,579	ProgramServicesAmt
Management And General	$5,334,644	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,624,583	BOYAmt
EOY	$489,999	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,301,991	BOYAmt
EOY	$4,204,632	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$12,591	BOYAmt
EOY	$44,137	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$163,805	BOYAmt
EOY	$187,651	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$230,211,659	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$17,318,078	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$213,137,272	BOYAmt
EOY	$212,893,581	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$29,832,576	BOYAmt
EOY	$26,438,314	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$248,072,818	BOYAmt
EOY	$244,258,314	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$3,439,354	BOYAmt
EOY	$3,587,683	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$40,217,493	BOYAmt
EOY	$43,266,118	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$207,258,522	BOYAmt
EOY	$200,321,132	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$50	BOYAmt
EOY	$4,000,000	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$47,541,140	BOYAmt
EOY	$57,732,249	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$298,456,559	BOYAmt
EOY	$308,907,182	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$50,383,741	BOYAmt
EOY	-$64,648,868	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$50,383,741	BOYAmt
EOY	-$64,648,868	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$248,072,818	BOYAmt
EOY	$244,258,314	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$14,265,127	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$754,783	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,350,759	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,942,657	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$22,240,252	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,720,676	CurrentTaxYearAmt
Total	$60,009,127	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$11,248	CurrentTaxYearMinus4YearsAmt
Total	$11,248	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$766,031	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,350,759	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$8,942,657	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$22,240,252	CurrentTaxYearMinus1YearAmt
Current Tax Year	$26,720,676	CurrentTaxYearAmt
Total	$60,020,375	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$60,020,375	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$94,705	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$17,663	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$534,793	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$874,889	CurrentTaxYearMinus1YearAmt
Current Tax Year	$955,420	CurrentTaxYearAmt
Total	$2,477,470	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$94,705	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$17,663	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$534,793	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$874,889	CurrentTaxYearMinus1YearAmt
Current Tax Year	$955,420	CurrentTaxYearAmt
Total	$2,477,470	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$860,736	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,368,422	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,477,450	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$23,115,141	CurrentTaxYearMinus1YearAmt
Current Tax Year	$27,676,096	CurrentTaxYearAmt
Total	$62,497,845	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.96040	PublicSupportCY509Pct
Public Support PY509	0.95510	PublicSupportPY509Pct
Investment Income CY	0.03960	InvestmentIncomeCYPct
Investment Income PY	0.04490	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,148,372	OtherCostOrOtherBasisAmt
Book Value	$4,148,372	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$218,943,186	OtherCostOrOtherBasisAmt
Depreciation	$15,470,509	DepreciationAmt
Book Value	$203,472,677	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,367,654	OtherCostOrOtherBasisAmt
Depreciation	$1,847,569	DepreciationAmt
Book Value	$2,520,085	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,752,447	OtherCostOrOtherBasisAmt
Book Value	$2,752,447	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$212,893,581	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (6 entries)

DescDesc	Book ValueBookValueAmt
BOND DEBT SERVICE RESERVE FUND	$14,238,863
RESTRICTED CASH FOR WAIT LIST DEPOSITS	$1,433,641
RESTRICTED CASH UNDER INDENTURE AGREEMENT	$4,171,719
DUE FROM RELATED PARTY	$6,473,604
RIGHT-OF-USE ASSET	$88,253
ACCRUED INTEREST ON ASSETS RESTRICTED UNDER INDENTURE AGREEMENT	$32,234

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$26,438,314	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (6 entries)

DescDesc	AmtAmt
NOTE PAYABLE - RCA, LLC	$3,300,000
DUE TO RELATED PARTIES	$943,965
WAIT LIST DEPOSITS	$2,868,558
ACCRUED INTEREST PAYABLE	$3,321,992
REFUNDABLE ENTRANCE FEES	$47,232,198
FINANCE LEASE LIABILITY	$65,536

Field	Value	IRS element (for citing)
Total Liability	$57,732,249	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$27,676,096	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$27,676,096	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$27,676,096	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$41,941,223	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$41,941,223	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$41,941,223	TotalExpensesPerForm990Amt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (4 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
WATER PRO
OWNER IS KURT HERZKE; SON OF PRESIDENT RUDOLF HERZKE	$216,325	INSTALLATION/MAINTENANCE OF IRRIGATION SYSTEM	0
KURT HERZKE
OWNER IS KURT HERZKE; SON OF PRESIDENT RUDOLF HERZKE	$701	LABOR & REPAIRS CARS & YD EQUIP;ASSORTED GROUND WORKS, ETC	0
MICHELLE T VINCENT
EXECUTIVE VICE PRESIDENT OF RCA, LLC. MGMT CO.	$4,484	BONUS	0
RUDOLF W HERZKE
PRESIDENT OF LUKE, INC.	$136	MISCELLANOUS EXPENSE REIMBURSEMENT	0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	MANAGEMENT DUTIES ARE PERFORMED BY RETIREMENT COMPANIES OF AMERICA, LLC, AND ITS EMPLOYEES.
FORM 990, PART VI, SECTION B, LINE 11B	MANAGEMENT IS INVOLVED THROUGHOUT THE PREPARATION OF THE FORM 990. MANAGEMENT THEN REVIEWS THE FORM 990 AND PROVIDES A COPY TO THE BOARD OF DIRECTORS FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE REVIEWED BY OUTSIDE COUNSEL.
FORM 990, PART VI, SECTION B, LINE 15	THE ORGANIZATION HAS NO COMPENSATED OFFICERS OR KEY EMPLOYEES.
FORM 990, PART VI, SECTION C, LINE 19	ALL DOCUMENTS WILL BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	CONTRACT LABOR: PROGRAM SERVICE EXPENSES 3,595,240. MANAGEMENT AND GENERAL EXPENSES 360,419. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,955,659. DATA PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 235,169. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 235,169. RECRUITING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 28,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,750.
PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Controlled OrganizationControlledOrganizationInd
PSALMS INC
3535 KIRBY PARKWAY	MEMPHIS	TN	38115	621106224	RETIREMENT COMMUNITY	TN	501(C)(3)	509(A)(2)	0
THE PATMOS GROUP INC
LUKE INC D/B/A THE FARMS AT BAILEY	MEMPHIS	TN	38120	203817574	INACTIVE HOLDING COMPANY OF LUKE, INC.	TN	501(C)(3)	509(A)(2)	0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	RETIREMENT COMPANIES OF AMERICA	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	6465 N QUAIL HOLLOW RD	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
EIN	582519982	EIN
Primary Activities	PROFESSIONAL DEVELOPMENT, MARKETING AND MANAGEMENT COMPANY	PrimaryActivitiesTxt
Legal Domicile State	TN	LegalDomicileStateCd
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	0	GeneralOrManagingPartnerInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	Yes (1)	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	Yes (1)	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (1)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
RETIREMENT COMPANIES OF AMERICA LLC
E	$4,065,965	YEAR-END BALANCE
PSALMS INC
E	$178,000	YEAR-END BALANCE