2016-06-16T12:38:30-05:00 2015-12-31 560747981 DIXON HUGHES GOODMAN LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2015-01-01 540852697 VIRGINIA LUTHERAN HOMES INC VIRG 5405625443 3807 BRANDON AVE NO 2440 ROANOKE VA 24018 MICHAEL R BIRD CFO 5405625443 2016-06-15 1 CHRISTOPHER T BENNETT CPA P01232201 8042827636 2015 2016-09-27 15:27:22Z HEATHER L NEFF 3807 BRANDON AVE ROANOKE VA 24018 23831873 0 9386 X VLHNET.ORG X 1963 VA PROVIDE HOUSING AND HEALTHCARE SERVICES TO OVER 500 ELDERLY AND/OR HANDICAPPED INDIVIDUALS. 13 13 429 15 -84903 -83562 155047 96553 19222933 20639886 371475 352461 320751 221967 20070206 21310867 0 0 0 0 9289030 10703983 0 0 75153 11170690 10978218 20459720 21682201 -389514 -371334 69946087 67948321 87808315 86296768 -17862228 -18348447 PROVIDE HOUSING AND HEALTHCARE SERVICES TO OVER 500 ELDERLY AND/OR HANDICAPPED INDIVIDUALS. 0 0 19885434 20978892 VIRGINIA LUTHERAN HOMES, INC. PROVIDES HOUSING AND HEALTH CARE SERVICES TO OVER 500 ELDERLY AND/OR HANDICAPPED INDIVIDUALS. 19885434 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 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 1 1 1 1 0 0 1 26 0 1 429 1 1 1 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 5405625443 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 BETTY COCHRAN DIRECTOR 2.00 4.00 X 0 0 0 CHARLES L DOWNS JR VICE CHAIRMAN 2.00 4.00 X X 0 0 0 TEDDY A GARMAN TREASURER 2.00 4.00 X X 0 0 0 DR GEORGE HENNING CHAIRMAN 2.00 4.00 X X 0 0 0 REV K DAVID SKOLE SECRETARY 2.00 4.00 X X 0 0 0 REV JEFFREY R SONAFELT DIRECTOR 2.00 4.00 X 0 0 0 MIRIAM V TAYLOR DIRECTOR 2.00 4.00 X 0 0 0 JOSEPH H TROST DIRECTOR 2.00 4.00 X 0 0 0 DR PAUL F WHITE PAST CHAIRMAN 2.00 4.00 X 0 0 0 THOMAS E WRAY DIRECTOR 2.00 4.00 X 0 0 0 REV JAMES ARMENTROUT DIRECTOR 2.00 4.00 X 0 0 0 GEORGE N ARTHUR DIRECTOR 2.00 4.00 X 0 0 0 BISHOP JAMES F MAUNEY EX-OFFICIO 2.00 4.00 X 0 0 0 HEATHER L NEFF PRESIDENT & CEO 14.00 26.00 X 248365 0 17460 MICHAEL BIRD CFO 14.00 26.00 X 191035 0 15620 JOE HOFF EXECUTIVE DIRECTOR 40.00 X 140462 0 14836 EMILY SNODGRASS PHYSICAL THERAPIST 40.00 X 110358 0 13160 RITA RIANI HIGHES PHYSICAL THERAPIST 40.00 X 104052 0 10342 794272 0 71418 5 0 1 0 SODEXO PO BOX 905374 CHARLOTTE NC 24016 MANAGEMENT SERVICES 1817542 LIONBERGER CONSTRUCTION PO BOX 20209 ROANOKE VA 24018 CONSTRUCTION 1125497 GSS COMPUTER TECHNOLOGY PO BOX 19279 ROANOKE VA 24019 COMPUTER CONSULTING 262202 SPECTRUM CONSULTANTS 1349 EAST GARRISON BLVD GASTONIA NC 28054 CONSULTING/MARKETING 261450 SFCS 305 SOUTH JEFFERSON STREET ROANOKE VA 24011 ARCHITECT 224544 9 96553 96553 RETIREMENT COMMUNITY 623000 8987167 8987167 HEALTH CENTER 623000 6316440 6316440 EARNED ENTRANCE FEES 623000 2549623 2549623 PERSONAL CARE 623000 2248279 2248279 SERVICE INCOME - DIETARY 623000 431201 431201 107176 107176 20639886 267784 267784 397844 482747 -84903 -84903 -84903 1766372 356564 1713831 324428 52541 32136 84677 32136 52541 OTHER INCOME 623000 192978 192978 BEAUTY & BARBER 623000 102921 102921 LAUNDRY 623000 10971 10971 306870 21310867 20978892 -84903 320325 439400 439400 8085370 7506011 521599 57760 132865 104445 28420 1468260 1335115 133145 578088 519881 58207 380128 380128 13490 1802 11688 38829 38829 27707 27707 366248 357005 9243 20182 20182 186042 160775 25267 339068 174313 164755 707499 703487 4012 27645 9872 17773 2027771 2027771 3089380 2998823 90557 277770 235177 42593 DIETARY EXPENSE & SUPPL 1193530 1193530 MEDICAL & THERAPY EXPEN 629175 629175 GENERAL OPERATING 403698 315842 70463 17393 MARKETING & PROMOTIONS 283029 272323 10706 967027 939777 27250 21682201 19885434 1721614 75153 2100 2300 1841561 758196 820745 1493976 33333 33333 134141 234028 81159764 30210014 51055524 50949750 13441354 11632476 8491 2608838 2844262 69946087 67948321 1536199 1376083 16166911 17777019 44452292 43592841 2850000 2850000 22802913 20700825 87808315 86296768 X -19284878 -19380457 779844 386822 642806 645188 -17862228 -18348447 69946087 67948321 -371334 -114885 0 X X 0 1 X 1 0 X 450828 339128 72659 155047 96553 1114215 19513272 17114557 17388578 19657577 20946756 94620740 19964100 17453685 17461237 19812624 21043309 95734955 0 0 0 95734955 396299 339311 184279 228542 267784 1416215 396299 339311 184279 228542 267784 1416215 20360399 17792996 17645516 20041166 21311093 97151170 0.98540 0.98490 0.01460 0.01510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8680541 51834 118243 478208 8372410 8041837 143775 512481 17552 8680541 8887951 67893 298577 1212584 8041837 7909158 331188 652173 4568 8887951 8748316 348984 1807368 2995510 7909158 0.89300 0.07200 0.03500 0 0 1627378 1627378 72564058 25819475 46744583 1243190 756202 486988 4694089 3338247 1355842 1031049 296090 734959 50949750 DEFERRED REVENUE 6250 REFUNDABLE ADVANCE FEES 20312474 TENANT DEPOSITS 382101 20700825 X PART X, LINE 2: VIRGINIA LUTHERAN HOMES, INC. IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. BRANDON POINT, LLC IS A DISREGARDED ENTITY FOR TAX PURPOSES AND IS INCLUDED IN VIRGINIA LUTHERAN HOMES, INC.'S FILINGS. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2015 AND 2014. X 1 1 X X X 0 0 0 0 0 0 0 0 0 HEATHER L NEFF PRESIDENT & CEO 248365 0 0 0 0 0 7480 0 9980 0 265825 0 0 0 MICHAEL BIRD CFO 191035 0 0 0 0 0 5729 0 9891 0 206655 0 0 0 JOE HOFF EXECUTIVE DIRECTOR 140462 0 0 0 0 0 4860 0 9976 0 155298 0 0 0 PART I, LINE 1A COUNTRY CLUB DUES ARE REIMBURSED TO THE CEO, CFO, AND EXECUTIVE DIRECTOR. AMOUNT IS NOT TREATED AS TAXABLE COMPENSATION. A ECONOMIC DEVELOPMENT AUTHORITY 541106038 770090EBO 2006-11-08 16540000 CONSTRUCT NEW ASSISTED LIVING 0 0 0 B ECONOMIC DEVELOPMENT AUTHORITY 541106038 770081AA5 2007-10-04 4700000 TO RENOVATE AND ADD SPACE 0 0 0 C ECONOMIC DEVELOPMENT AUTHORITY 541106038 770081BD8 2012-11-15 21065000 REFUNDING SERIES 2002 BONDS 0 0 0 D ECONOMIC DEVELOPMENT AUTHORITY 541106038 770081BE6 2013-12-01 8590000 CONSTRUCT NEW NURSING HOME WING 0 0 0 A 3725000 16540000 640750 496450 15690371 2008 0 0 0 1 B 550000 4700000 310916 277200 4030279 2008 0 0 0 1 C 2330000 21065000 1609250 586658 4030279 2013 1 0 0 1 D 8590000 569088 369021 7712991 2014 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 C 1 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 FORM 990, PART VI, SECTION B, LINE 11 INTERNAL MANAGEMENT WILL REVIEW THE 990 AND THE CFO WILL PROVIDE AND DISCUSS WITH THE BOARD ANY QUESTIONS THEY MAY HAVE PRIOR TO FILING OF THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY ANNUALLY. IF THERE IS A CONFLICT, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR EXECUTIVE COMMITTEE MEETING, BUT HE/SHE SHALL LEAVE DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT. THE CHAIRPERSON OF THE BOARD OR EXECUTIVE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER THERE IS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD ARE INVOLVED IN THE SEARCH AND HIRING PROCESS, USING COMPARABLE SALARIES FROM POSITIONS IN RELATED FIELDS AS WELL AS EXPECTED HOURS AND WORKLOAD FOR THE ORGANIZATION'S CEO AS WELL AS OFFICERS AND KEY EMPLOYEES. THE CEO IS ALSO INVOLVED WITH REGARDS TO OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. BRANDON POINT LLC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 463459947 RENTAL REAL ESTATE VA 344206 2776075 VIRGINIA LUTHERAN HOMES INC ZION PLACE INCORPORATED 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 510248666 PROVIDE HOUSING FOR THE ELDERLY VA 501(C)(3) LINE 9 VIRGINIA LUTHERAN HOMES INC 1 SHENANDOAH VALLEY LUTHERAN HOMES INC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 540852697 PROVIDE HOUSING FOR THE ELDERLY VA 501(C)(3) LINE 9 VIRGINIA LUTHERAN HOMES INC 1 VIRGINIA LUTHERAN HOMES HOME CARE INC 3807 BRANDON AVE STE 2440 ROANOKE VA 24018 475279919 PROVIDE HOME HEALTH SERVICES VA 501(C)(3) LINE 9 VIRGINIA LUTHERAN HOMES INC 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 ZION PLACE INCORPORATED L 68166 CASH VALUE SHENANDOAH VALLEY LUTHERAN HOUSING INC D 82211 CASH VALUE ZION PLACE INCORPORATED D 225688 CASH VALUE SHENANDOAH VALLEY LUTHERAN HOUSING INC L 15943 CASH VALUE