2017-09-20T09:02:15-05:00 2016-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2016-01-01 620698709 PRESBYTERIAN HOMES OF TENNESSEE INC PRES 8656903411 801 VANOSDALE ROAD KNOXVILLE TN 37909 WILLIAM R THOMAS JR PRESIDENT/CEO 8656903411 2017-08-25 1 JOHN NORMAN P01506766 7049985200 2017-08-24 67.137.57.251 2017-08-25 13:30:27 ED P E54F94374F221F7E7B33A99DBD17B932AED3BD09 5DEF943CD230F9172C3BB07685551BC8488F4494 2016 2021-01-29 14:40:06Z WILLIAM R THOMAS JR 801 VANOSDALE ROAD KNOXVILLE TN 37909 32083977 0 X WWW.SHANNONDALETN.COM X 1968 TN THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES. 17 16 719 20 0 0 201158 367415 30204055 31185054 804090 413717 108877 117791 31318180 32083977 0 0 0 0 19573011 20626031 0 0 0 12701408 12912055 32274419 33538086 -956239 -1454109 74424475 70984702 48193089 45615926 26231386 25368776 THE ORGANIZATION IS AN EXEMPT ORGANIZATION RELATED TO THE PRESBYTERIAN CHURCH OF TN. THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES CONSISTING OF RESIDENTIAL RETIREMENT COMPLEXES, ASSISTED LIVING FACILITIES, AND SKILLED NURSING FACILITIES. 0 0 17345047 21166483 EXPENSES RELATED TO PROVIDING SKILLED NURSING AND RELATED HEALTH CARE SERVICES TO THE ELDERLY. THERE ARE 244 RESIDENT BEDS AVAILABLE AND 77,952 DAYS OF SERVICES WERE PROVIDED. 5290362 4575983 EXPENSES INCURRED PROVIDING RETIREMENT HOME AND RELATED SERVICES TO THE ELDERLY. 135,364 DAYS WERE PROVIDED. 3059799 4024904 EXPENSES INCURRED PROVIDING ASSISTED LIVING AND RELATED SERVICES TO THE ELDERLY. THERE ARE 88 PATIENT BEDS AND 26,094 DAYS WERE PROVIDED. 25695208 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 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 0 0 0 0 1 23 0 719 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X WILLIAM THOMAS 8656903411 801 VANOSDALE ROAD KNOXVILLE TN 37909 MIKE DALTON CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 SANDY MARTIN SECRETARY 1.00 X X 0 0 0 DEBBIE JONES MEMBER AT LARGE 1.00 X X 0 0 0 HOLLY BURKETT VICE CHAIRMAN 1.00 X X 0 0 0 DALE KEASLING TREASURER 1.00 X X 0 0 0 JOE COLQUITT MEMBER 1.00 X 0 0 0 CRAIG JARVIS MEMBER 1.00 X 0 0 0 CHARLES WEST MEMBER 1.00 X 0 0 0 WILLIAM HURT MEMBER 1.00 X 0 0 0 FRANK MYERS MEMBER 1.00 X 0 0 0 WILLIAM REEVES MEMBER 1.00 X 0 0 0 GAINES PITTENGER MEMBER 1.00 X 0 0 0 MICHAEL MILLER MEMBER 1.00 X 0 0 0 DOUG OVERBEY MEMBER 1.00 X 0 0 0 SUZY GARNER BOOKER MEMBER 1.00 X 0 0 0 WILLIAM R THOMAS PRESIDENT/CEO 37.50 X 218331 0 21323 TODD TAYLOR ADMINISTRATOR 37.50 X 125158 0 11378 DAVID MAXWELL ADMINISTRATOR 37.50 X 100410 0 9548 443899 0 42249 6 0 1 0 0 367415 367415 GENERAL SERVICE FEES 623000 24229194 24229194 6955860 6955860 31185054 387537 387537 13200 0 13200 13200 13200 26180 0 26180 26180 26180 MEALS - GUESTS AND EMPLOYEES 623000 84125 84125 20466 20466 104591 32083977 31302845 0 413717 443899 443899 15142820 11508543 3634277 1765957 1342127 423830 2149752 1633812 515940 1123603 853938 269665 86898 86898 80170 80170 34038 34038 1053182 997192 55990 85206 85206 105752 29922 75830 127216 127216 3119038 3119038 19114 3916 15198 72212 48244 23968 373045 373045 2962910 2251812 711098 MEDICAL SUPPLIES 2392724 2392724 FOOD COSTS 1402046 1402046 LICENSES & DUES 696310 696310 BAD DEBT 111894 111894 190300 190300 33538086 25695208 7842878 0 326124 180386 607530 860675 2117294 1968323 243386 186750 122779 135225 103643919 43749682 62053138 59894237 8746226 7475983 207998 283123 74424475 70984702 1452083 1566160 28245614 27695925 15333878 13955966 3161514 2397875 48193089 45615926 X 25759539 25012413 471847 356363 26231386 25368776 74424475 70984702 X -1454109 149274 442225 X X 0 1 X 1 0 X 275225 234642 208257 201158 367415 1286697 29230554 29549167 29225183 30204055 31185054 149394013 29505779 29783809 29433440 30405213 31552469 150680710 0 0 0 150680710 387253 625384 696517 742091 400737 2851982 387253 625384 696517 742091 400737 2851982 877307 215300 104836 108877 497842 1804162 30770339 30624493 30234793 31256181 32451048 155336854 0.97000 0.95940 0.01840 0.01740 X 3728763 3728763 90615873 37348357 53267516 1717986 1717986 7220326 6158424 1061902 360971 242901 118070 59894237 LONG TERM INVESTMENTS 7475983 F 7475983 ACCRUED PENSION LIABILITIES 2397875 2397875 X 31730204 0 31730204 353773 353773 32083977 33538086 0 33538086 0 33538086 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE CORPORATION FILES AS A TAX-EXEMPT ORGANIZATION. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF THE CORPORATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE CORPORATION. THE CORPORATION FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED CONTRIBUTIONS 129,774. NET ASSETS RELEASED FROM RESTRICTIONS 223,999. 1 X X X X 0 0 0 0 0 0 0 0 0 WILLIAM R THOMAS PRESIDENT/CEO 218331 0 0 0 0 0 19191 0 2132 0 239654 0 0 0 A THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY TENNESSEE 621192419 NONEAVAIL 2009-12-04 12263362 REFUND OF OLD BONDS AND REFINANCE OTHER DEBT 1 1 0 B THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY TENNESSEE 621192419 NONEAVAIL 2014-07-24 10000000 FINANCE BUILDINGS AND STRUCTURES 0 0 0 A 7483505 4779857 84610 3178752 9000000 2009 1 0 1 1 B 711640 9228360 87332 762116 9150572 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INURNMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY JOB PERFORMANCE, AS WELL AS THE GOING RATE IN THE AREA, AND IS THEN APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS 687,483. ASSETS RELEASED FROM RESTRICTIONS -245,258. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.