2016-08-04T12:05:57-05:00 2015-12-31 420714325 RSM US LLP PO BOX 5946 MADISON WI 537050946 990 2015-01-01 391531532 HARWOOD PLACE INC HARW 4142586170 7500 WEST NORTH AVENUE WAUWATOSA WI 532131797 SCOTT MCFADDEN PRESIDENT/CEO 4142586170 2016-07-28 1 JAMES G GRAHAM P00006111 6088332612 2015 2016-12-15 16:53:06Z SCOTT MCFADDEN 7500 WEST NORTH AVENUE WAUWATOSA WI 532131797 27211341 0 X WWW.THELUTHERANHOME.ORG X 1988 DE HARWOOD PLACE OFFERS A HOST OF ON-SITE AMENITIES AND A VARIETY OF APARTMENT FLOOR PLANS TO MEET THE NEED OF OUR RESIDENTS. WITH COMMUNITY FEATURES SUCH AS A RESTAURANT-STYLE DINING ROOM, FITNESS CENTER, ON-SITE CLINIC, CHAPEL, PUB, GIFT SHOP, AND A ROBUST ACTIVITIES CALENDAR, EVERYTHING IS JUST STEPS AWAY. X 15 15 116 80 0 0 31550 19602 6957946 7140694 406221 249823 596930 498987 7992647 7909106 0 9600000 0 0 2444687 2603875 0 0 0 4294590 4048653 6739277 16252528 1253370 -8343422 27186291 18042581 22374800 21643907 4811491 -3601326 X HARWOOD PLACE IS DEDICATED TO SERVING OLDER ADULTS AND ENRICHING THE LIVES OF THOSE WE TOUCH BY PROVIDING COMPASSIONATE AND LOVING CARE. 0 0 4063236 6016789 RETIREMENT HOUSING - HARWOOD LEASES 173 INDEPENDENT LIVING APARTMENTS THAT ARE ALL LICENSED AS RCAC'S. THE APARTMENTS RANGE IN SQUARE FOOTAGE WITH ONE OR TWO BEDROOM OPTIONS. SERVICES OFFERED INCLUDE A WELLNESS CENTER, RESTAURANT, GIFT SHOP, EXTRACURRICULAR ACTIVITIES, MEAL PLAN, HOUSEKEEPING SERVICES, LAUNDRY ROOMS, GUEST ROOMS, IN-HOUSE BEAUTY SHOP, CHAPEL SERVICES, AND RCAC SERVICES. DURING THE YEAR HARWOOD AVERAGED 168 LEASED APARTMENTS. 1565221 1622892 COMMUNITY BASED RESIDENTIAL FACILITY - HARWOOD HAS A 32 UNIT CBRF FOR FRAIL ELDERLY NOT NEEDING NURSING HOME SERVICES YET BUT UNABLE TO LIVE INDEPENDENTLY. THE SERVICES OFFERED ARE 24 HOUR NURSING SERVICES, 3 MEALS PER DAY, HOUSEKEEPING, AND LAUNDRY SERVICES. THE CBRF RESIDENTS ALSO HAVE ACCESS TO THE WELLNESS CENTER, IN-HOUSE BEAUTY SHOP, CHAPEL SERVICES, AND EXTRACURRICULAR ACTIVITIES. APPROXIMATELY 31 UNITS WERE FILLED DURING THE YEAR. 9600000 9600000 SUPPPORT FOR THE LUTHERAN FOUNDATION, INC. 9600000 9600000 15228457 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 19 0 1 116 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X GAIL BOEREMA 4142586170 7500 WEST NORTH AVENUE WAUWATOSA WI 532131797 DALE VAN DAM CHAIRPERSON 1.00 1.20 X X 0 0 0 ROBERT SOWINSKI VICE-CHAIRPERSON 1.00 1.20 X X 0 0 0 CHRISTINE SPECHT-PALMERT SECRETARY 1.00 1.20 X X 0 0 0 WILLIAM BRUSS DIRECTOR 1.00 1.20 X 0 0 0 CHRISTINE DOLHUN DIRECTOR 1.00 1.20 X 0 0 0 DONALD HACKBARTH DIRECTOR 1.00 1.20 X 0 0 0 AMY DEE HARTWIG TREASURER 1.00 1.20 X X 0 0 0 JAMES KECK DIRECTOR 1.00 1.20 X 0 0 0 RONALD MEYER DIRECTOR 1.00 1.20 X 0 0 0 DON SCHWERIN DIRECTOR 1.00 1.20 X 0 0 0 LAWRENCE SOHN DIRECTOR 1.00 1.20 X 0 0 0 STEVE VOLZ DIRECTOR 1.00 1.20 X 0 0 0 JIM DENOR DIRECTOR 1.00 1.20 X 0 0 0 TIM REARDON DIRECTOR 1.00 1.20 X 0 0 0 JAN TEUSCHER DIRECTOR 1.00 1.20 X 0 0 0 SCOTT MCFADDEN PRESIDENT/CEO 8.00 32.00 X 111732 97548 37105 ALLISON KATULA VP/COO 40.00 X 83596 0 31511 SCOTT BERGIN CONTROLLER 9.00 31.00 X 21600 60149 21159 216928 157697 89775 1 0 1 0 0 10869 8733 19602 RETIREMENT HOUSING 623000 5517802 5517802 CBRF 623000 1622892 1622892 7140694 37054 37054 19515004 19302235 212769 212769 212769 DINING ROOM/CAFETERIA 623000 354069 354069 TELEPHONE FEES 623000 24964 24964 119954 119954 498987 7909106 7639681 0 249823 9600000 9600000 103583 103583 1957076 1757084 199992 37418 30625 6793 357868 326772 31096 147930 126474 21456 20000 20000 499050 435144 63906 46857 46857 97747 97747 1037818 1037818 1645 1459 186 1176667 1176667 43075 43075 RAW FOOD 410120 410120 MANAGEMENT FEE FROM AFF 403812 42146 361666 SUPPLIES 183548 183331 217 RESIDENT TRIPS 21683 21683 106631 79134 27497 16252528 15228457 1024071 0 3573254 3740059 35663 42435 46212 85412 223799 201430 35636109 23031066 12516170 12605043 10748944 1279947 42249 88255 27186291 18042581 639303 589632 6287397 6159287 15060221 14452160 336850 385750 51029 57078 22374800 21643907 X 4810970 -3636984 521 35658 4811491 -3601326 27186291 18042581 X -8343422 -87722 18327 X X 0 1 X 1 0 X 5069 11146 19203 31550 19602 86570 6803696 7011061 7371220 7546012 7639681 36371670 6808765 7022207 7390423 7577562 7659283 36458240 0 0 0 36458240 283872 264516 190767 183693 37054 959902 283872 264516 190767 183693 37054 959902 7092637 7286723 7581190 7761255 7696337 37418142 0.97430 0.96930 0.02570 0.03070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1153911 1153911 24116336 14590829 9525507 9201131 7489158 1711973 1164731 951079 213652 12605043 PAYABLE TO RELATED ORGANIZATION 57078 57078 X 7919975 10869 10869 7909106 0 7909106 6652528 0 6652528 9600000 9600000 16252528 PART IV, LINE 2B: THE HARWOOD PLACE ACCOUNTS ARE CUSTODIAL SECURITY DEPOSITS AND WAITING LIST DEPOSITS. WHEN THE RESIDENTS MOVE OUT, THE DEPOSITS ARE REFUNDED TO THEM. PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS INDICATED IN A DETERMINATION LETTER THAT HARWOOD IS GENERALLY EXEMPT FROM PAYING FEDERAL AND STATE INCOME TAXES BECAUSE OF ITS TAX STATUS AS A NON-PROFIT ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HARWOOD FILES A FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX) ANNUALLY. WHEN THIS RETURN IS FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD ULTIMATELY BE SUSTAINED. EXAMPLES OF TAX POSITIONS COMMON TO A RETIREMENT CENTER INCLUDE SUCH MATTERS AS THE FOLLOWING: THE TAX-EXEMPT STATUS OF HARWOOD, THE CONTINUED TAX-EXEMPT STATUS OF BONDS ISSUED BY HARWOOD, AND VARIOUS POSITIONS RELATIVE TO POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBIT). UBIT IS REPORTED ON FORM 990T, AS APPROPRIATE. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MET THE "MORE LIKELY THAN NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY TO BE REALIZED ON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING BALANCE SHEETS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AT DECEMBER 31, 2015 AND 2014, HARWOOD HAS NO LIABILITY RECORDED FOR UNCERTAIN TAX POSITIONS. HARWOOD FILES FORM 990 IN THE U.S. FEDERAL JURISDICTION AND IN THE STATE OF WISCONSIN. WITH FEW EXCEPTIONS, HARWOOD IS NO LONGER SUBJECT TO EXAMINATION BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2012. PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS 10,869. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS TO THE LUTHERAN HOME FOUNDATION 9,600,000. 0 LUTHERAN HOME FOUNDATION INC 7500 W NORTH AVE WAUWATOSA WI 53213 391478794 501(C)(3) 9600000 N/A 1 0 0 0 0 0 0 0 0 0 SCOTT MCFADDEN PRESIDENT/CEO 111732 97548 0 0 0 0 8308 7254 11501 10042 131541 114844 0 0 FORM 990, SCHEDULE J, PART 1, LINE 3: THE ORGANIZATION RELIES ON THE LUTHERAN HOME, INC., A RELATED 501(C)(3) ORGANIZATION, TO ESTABLISH THE COMPENSATION FOR ITS OFFICERS. THE LUTHERAN HOME, INC. BOARD'S HUMAN RESOURCE COMMITTEE USES AN INDUSTRY SPECIFIC SALARY SURVEY AND OTHER CURRENT COMPENSATION DEEMED COMPARABLE AND NECESSARY TO ESTABLISH CURRENT COMPENSATION. A WISCONSIN HEALTH & EDUCATIONAL FACILITIES 391337855 2012-12-20 12459003 CURRENT REFUND CERTAIN BONDS ISSUED 05/15/2002 0 0 0 A 1776843 12459003 191767 12267236 1 0 1 1 A 0 1 0 0 1 0 0 0 0 A 0 INVESTMENTS 2015-03-31 9600000 391478794 LUTHERAN HOME FOUNDATION INC 7500 W NORTH AVE WAUWATOSA WI 53213 501(C)(3) 1 0 0 0 PART II, LINE 2E: PERSON(S) INVOLVED: ROBERT SOWINSKI AND TIMOTHY REARDON ARE DIRECTORS OF BOTH ENTITIES. SCOTT MCFADDEN AND SCOTT BERGIN ARE PRESIDENT AND CONTROLLER OF BOTH ENTITIES. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS AND SCIENTIFIC PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. LUTHERANLIVING SERVICES, INC., A WISCONSIN NONPROFIT CORPORATION RECOGNIZED AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS THE SOLE STOCKHOLDER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A FOR AS LONG AS LUTHERANLIVING SERVICES, INC. IS THE SOLE STOCKHOLDER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL BE COMPRISED OF THOSE INDIVIDUALS ON AN EX OFFICIO BASIS WHO SERVE FROM TIME TO TIME AS DIRECTORS OF LUTHERANLIVING SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 7B THE BUSINESS AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED UNDER THE DIRECTION OF ITS BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PRESENTED TO THE BOARD FOR ITS REVIEW AND APPROVAL PRIOR TO FILING. COPIES ARE MADE AVAILABLE TO ANY MEMBER OF THE BOARD UPON THEIR REQUEST. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR DURING THE FIRST BOARD MEETING OF THE YEAR ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM WHICH IS TURNED INTO THE PRESIDENT/CEO OF THE COMPANY. FORM 990, PART VI, SECTION B, LINE 15 THE HUMAN RESOURCES COMMITTEE OF THE LUTHERAN HOME, INC. BOARD RECOMMENDS THE CEO SALARY BASED ON INFORMATION PROVIDED BY VP-HR FROM PAYSOURCE AND LEADINGAGE, ALONG WITH GATHERED TOP 10 COMPETITORS SALARIES IN PUBLISHED FORM 990. THE BOARD'S EXECUTIVE COMMITTEE APPROVES THE SALARY RECOMMENDATION. OTHER OFFICER AND ADMINISTRATIVE LEADERSHIP TEAM FOLLOW SAME PROCESS BUT ONLY ADVISORY. CEO SETS SALARIES WITH BOARD COMMITTEE INPUT. THE FULL BOARD APPROVES THE ANNUAL BUDGET, WHICH INCLUDES ALL SALARY RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 HARWOOD PLACE PROVIDES THE AFOREMENTIONED DOCUMENTS TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF LUTHERAN HOME FOUNDATION 46,006. LOSS ON INSURANCE SETTLEMENT -27,679. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION DURING THE TAX YEAR. LUTHERAN HOME FOUNDATION INC 7500 W NORTH AVE WAUWATOSA WI 53213 391478794 FOUNDATION WI 501(C)(3) 11C III-FI N/A 0 THE LUTHERAN HOME INC 7500 W NORTH AVE WAUWATOSA WI 53213 390807205 NURSING HOME WI 501(C)(3) 09 LUTHERANLIVING SERVICES INC 0 LUTHERANLIVING SERVICES INC 7500 W NORTH AVE WAUWATOSA WI 53213 391477207 DEVELOPMENT WI 501(C)(3) 09 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 LUTHERAN HOME FOUNDATION INC B 9600000 SEE PART VII LUTHERAN HOME FOUNDATION INC C 10869 SEE PART VII FORM 990, SCHEDULE R, PART V, QUESTION 2: $9,600,000 IS A CONTRIBUTION TO THE LUTHERAN HOME FOUNDATION, INC.THE LUTHERAN HOME FOUNDATION, INC. IS A RELATED ORGANIZATION. $10,869 IS A COMTRIBUTION FROM THE LUTHERAN HOME FOUNDATION, INC. THE LUTHERAN HOME FOUNDATION IS A RELATED ORGANIZATION AND MAY MAKE CONTRIBUTIONS TO HARWOOD PLACE, INC. THROUGHOUT THE YEAR, THE LUTHERAN HOME FOUNDATION WILL RECEIVE RESTRICTED CONTRIBUTIONS THAT ARE DESIGNATED TO BE USED FOR HARWOOD PROPERTY UPGRADES, PURCHASES OF NEW EQUIPMENT, OR ACTIVITIES. ONCE HARWOD HAS ACCOMPLISHED THE TASK THE CONTRIBUTION WAS TO BE USED FOR, THE FUNDS FROM THE CONTRIBUTION ARE RELEASED AND A CONTRIBUTION IS MADE TO HARWOOD TO COVER THE COSTS.