HERMAN L ROWLEY MEMORIAL TRUST: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: HERMAN L ROWLEY MEMORIAL TRUST (EIN 42-0807103)
Tax period: 2014-08-01 to 2015-07-31
Filed: 2016-05-10
IRS object ID: 201641319349301109
Schema version: 2014v6.0
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 B
Schedule D
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-10T09:42:18-05:00	ReturnTs
Tax Period End	2015-07-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	420732909	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	RYUN GIVENS & COMPANY PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2900 100TH STREET SUITE 301	AddressLine1Txt
City	URBANDALE	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50322	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2014-08-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	420807103	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HERMAN L ROWLEY MEMORIAL TRUST	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HERM	BusinessNameControlTxt
Phone	5154655316	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1300 28TH STREET	AddressLine1Txt
City	PERRY	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50220	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	LUCINDA L FRIESS	PersonNm
Person Title	ADMINISTRATOR	PersonTitleTxt
Phone	5154655316	PhoneNum
Signature	2016-04-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CURTIS E BRAND CPA	PreparerPersonNm
PTIN	P00299230	PTIN
Phone	5152253141	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-08-17 19:52:53Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	ROWLEY MEMORIAL MASONIC HOME	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	LUCINDA L FRIESS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1300 28TH STREET	AddressLine1Txt
City	PERRY	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50220	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,069,338	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ROWLEYMASONICHOME.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1955	FormationYr
Legal Domicile State	IA	LegalDomicileStateCd
Activity Or Mission	PROVIDING MEANINGFUL QUALITY OF LIFE TO ITS RESIDENTS THROUGH RESTORATIVE AND MAINTENANCE HEALTH CARE SERVICES TO THOSE INDIVIDUALS WITHIN THE MASONIC FRATERNITY, THEIR DEPENDENTS AND THE EXTENDED COMMUNITY AT LARGE, AS THEY TRANSITION FROM INDEPENDENCE TO A HIGHER LEVEL OF CARE.	ActivityOrMissionDesc
Voting Members Governing Body	6	VotingMembersGoverningBodyCnt
Voting Members Independent	6	VotingMembersIndependentCnt
Total Employee	104	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$202,015	PYContributionsGrantsAmt
CY Contributions Grants	$149,781	CYContributionsGrantsAmt
PY Program Service Revenue	$3,591,631	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,377,031	CYProgramServiceRevenueAmt
PY Investment Income	$570,818	PYInvestmentIncomeAmt
CY Investment Income	$362,784	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$4,364,464	PYTotalRevenueAmt
CY Total Revenue	$3,889,596	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	$2,772,814	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,570,350	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,467,358	PYOtherExpensesAmt
CY Other Expenses	$2,029,535	CYOtherExpensesAmt
PY Total Expenses	$4,240,172	PYTotalExpensesAmt
CY Total Expenses	$4,599,885	CYTotalExpensesAmt
PY Revenues Less Expenses	$124,292	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$710,289	CYRevenuesLessExpensesAmt
Total Assets BOY	$21,088,280	TotalAssetsBOYAmt
Total Assets EOY	$23,479,120	TotalAssetsEOYAmt
Total Liabilities BOY	$15,143,990	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$18,306,146	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$5,944,290	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$5,172,974	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	PROVIDING MEANINGFUL QUALITY OF LIFE TO ITS RESIDENTS THROUGH RESTORATIVE AND MAINTENANCE HEALTH CARE SERVICES TO THOSE INDIVIDUALS WITHIN THE MASONIC FRATERNITY, THEIR DEPENDENTS AND THE EXTENDED COMMUNITY AT LARGE, AS THEY TRANSITION FROM INDEPENDENCE TO A HIGHER LEVEL OF CARE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,157,890	ExpenseAmt
Revenue	$3,377,031	RevenueAmt
Desc	OPERTATED LONG TERM CARE FACILITY CONSISTING OF 57 NURSING UNIT BEDS PROVIDING APPROXIMATELY 15,900 BED DAYS; OPERATED INDEPENDENT LIVING FACILITY CONSISTING OF 20 UNITS; AND A NEW ASSISTED LIVING FACILITY.	Desc
Total Program Service Expenses	$4,157,890	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	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
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	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	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
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	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
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	0	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	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	104	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	6	GoverningBodyVotingMembersCnt
Independent Voting Member	6	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	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	0	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	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LUCINDA FRIESS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5154655316	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1300 28TH STREET	AddressLine1Txt
City	PERRY	CityNm
State Abbreviation	IA	StateAbbreviationCd
ZIP	50220	ZIPCd

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
MICHAEL FLETCHER
CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
KYLE GORDON
VICE CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
JOHN POWELL
SECRETARY/TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
WILLIAM YUNGCLAS
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LYLE MILLER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
NEIL PAULSEN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LUCINDA L FRIESS
ADMINISTRATOR	40.00		Yes (X)	$74,006	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$74,006	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
JENSEN BUILDERS
5461 MIEHE	GRIMES	IA	50111	GENERAL CONTRACTOR	$7,384,292
DIRECT SUPPLY
6767 N INDUSTRIAL RD	MILWAUKEE	WI	53201	SUPPLIES	$197,857
MARTIN BROTHERS
406 VIKING ROAD	CEDAR FALLS	IA	50613	FOOD AND SUPPLIES	$135,464
ALLIANT ENERGY
321 E WALNUT	DES MOINES	IA	50265	UTILITIES	$130,817
US FOODS
9399 WEST HIGGINS ROAD	ROSEMONT	IL	60018	FOOD AND SUPPLIES	$104,025

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$149,781	AllOtherContributionsAmt
Total Contributions	$149,781	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ROUTINE CARE SERVICES	623000	$2,931,902	$2,931,902
INDEPENDENT LIVING	623000	$410,966	$410,966
ANCILLARY SERVICES	623000	$34,163	$34,163

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,377,031	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$220,212	TotalRevenueColumnAmt
Exclusion	$220,212	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$322,314	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$179,742	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$142,572	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$142,572	TotalRevenueColumnAmt
Exclusion	$142,572	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,889,596	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,377,031	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$362,784	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$74,005	TotalAmt
Management And General	$74,005	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,921,760	TotalAmt
Program Services	$1,757,610	ProgramServicesAmt
Management And General	$164,150	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$80,689	TotalAmt
Program Services	$68,791	ProgramServicesAmt
Management And General	$11,898	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$346,643	TotalAmt
Program Services	$346,643	ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$147,253	TotalAmt
Program Services	$147,253	ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$12,871	TotalAmt
Program Services	$12,871	ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$95,470	TotalAmt
Program Services	$95,470	ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$12,122	TotalAmt
Program Services	$12,122	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$21,638	TotalAmt
Program Services	$21,638	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$41,372	TotalAmt
Program Services	$20,965	ProgramServicesAmt
Management And General	$20,407	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$33,013	TotalAmt
Program Services	$1,810	ProgramServicesAmt
Management And General	$31,203	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$14,906	TotalAmt
Program Services	$14,906	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$289,392	TotalAmt
Program Services	$221,880	ProgramServicesAmt
Management And General	$67,512	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$9,422	TotalAmt
Program Services	$9,422	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$2,751	TotalAmt
Program Services	$2,751	ProgramServicesAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$411,849	TotalAmt
Program Services	$411,849	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$526,800	TotalAmt
Program Services	$455,679	ProgramServicesAmt
Management And General	$71,121	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$34,311	TotalAmt
Program Services	$32,612	ProgramServicesAmt
Management And General	$1,699	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
FOOD EXPENSES	$213,029	$213,029
SUPPLIES AND SMALL EQUI	$181,837	$181,837
MISCELLANEOUS	$55,781	$55,781
MAINTENANCE AND REPAIRS	$36,878	$36,878

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$36,093	TotalAmt
Program Services	$36,093	ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,599,885	TotalAmt
Program Services	$4,157,890	ProgramServicesAmt
Management And General	$441,995	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$500	BOYAmt
EOY	$498	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$3,667,162	BOYAmt
EOY	$64,222	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$109,216	BOYAmt
EOY	$129,253	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$21,745	BOYAmt
EOY	$11,957	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$11,158	BOYAmt
EOY	$14,379	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$24,982,504	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$4,146,387	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$4,022,779	BOYAmt
EOY	$20,836,117	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,950,844	BOYAmt
EOY	$1,742,509	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$11,304,876	BOYAmt
EOY	$680,185	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,088,280	BOYAmt
EOY	$23,479,120	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,425,523	BOYAmt
EOY	$600,252	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$16,329	BOYAmt
EOY	$1,500	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$3,236,850	BOYAmt
EOY	$2,451,297	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$9,305,000	BOYAmt
EOY	$15,122,758	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$160,288	BOYAmt
EOY	$130,339	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$15,143,990	BOYAmt
EOY	$18,306,146	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$5,912,389	BOYAmt
EOY	$5,138,551	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$31,901	BOYAmt
EOY	$34,423	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$5,944,290	BOYAmt
EOY	$5,172,974	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$21,088,280	BOYAmt
EOY	$23,479,120	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$710,289	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$62,550	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$1,523	OtherChangesInNetAssetsAmt
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)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

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

Schedule A IRS990ScheduleA

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

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$60,675	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$37,689	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$99,237	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$202,015	CurrentTaxYearMinus1YearAmt
Current Tax Year	$149,781	CurrentTaxYearAmt
Total	$549,397	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,688,999	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,702,502	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,680,395	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,591,631	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,378,031	CurrentTaxYearAmt
Total	$18,041,558	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$19,292	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$9,863	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,277	CurrentTaxYearMinus2YearsAmt
Total	$35,432	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,768,966	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,750,054	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,785,909	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,793,646	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,527,812	CurrentTaxYearAmt
Total	$18,626,387	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	$18,626,387	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$132,642	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$179,962	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$566,584	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$196,010	CurrentTaxYearMinus1YearAmt
Current Tax Year	$220,212	CurrentTaxYearAmt
Total	$1,295,410	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$132,642	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$179,962	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$566,584	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$196,010	CurrentTaxYearMinus1YearAmt
Current Tax Year	$220,212	CurrentTaxYearAmt
Total	$1,295,410	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,901,608	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,930,016	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$4,352,493	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,989,656	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,748,024	CurrentTaxYearAmt
Total	$19,921,797	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.93500	PublicSupportCY509Pct
Public Support PY509	0.94030	PublicSupportPY509Pct
Investment Income CY	0.06500	InvestmentIncomeCYPct
Investment Income PY	0.05970	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$467,124	OtherCostOrOtherBasisAmt
Book Value	$467,124	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,515,380	OtherCostOrOtherBasisAmt
Depreciation	$4,146,387	DepreciationAmt
Book Value	$20,368,993	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$20,836,117	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDesc	AmtAmt
SPLIT INTEREST AGREEMENT	$98,588
APARTMENT REFUNDABLE DEPOSITS	$31,751

Field	Value	IRS element (for citing)
Total Liability	$130,339	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$3,828,568	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$62,550	NetUnrealizedGainsInvstAmt
Other Revenue	$1,522	OtherRevenueAmt
Revenue Not Reported	-$61,028	RevenueNotReportedAmt
Revenue Subtotal	$3,889,596	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,889,596	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$4,599,885	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$4,599,885	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$4,599,885	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART X, LINE 2:

THE ORGANIZATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING "ACCOUNTING FOR UNCERTAIN TAX POSITIONS". THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOWS.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 1,522.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
IOWA FINANCE AUTHORITY
A	521699886	NONEAVAIL	2013-12-31	$12,000,000	TO BUILD A NEW FACILITY	0	0	0
IOWA FINANCE AUTHORITY
B	521699886	NONEAVAIL	2013-12-31	$800,000	TO BUILD A NEW FACILITY	0	0	0
IOWA FINANCE AUTHORITY
C	521699886	NONEAVAIL	2013-12-31	$2,490,000	TO BUILD A NEW FACILITY	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	Total ProceedsTotalProceedsAmt	Capital ExpendituresCapitalExpendituresAmt	Substantial CompletionSubstantialCompletionYr	Current RefundingCurrentRefundingInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	RetiredRetiredAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt
A	$12,000,000	$12,000,000	2013	0	0	Yes (1)
B	$800,000	$800,000	2013	Yes (1)	Yes (1)	Yes (1)	$800,000	$8,000
C	$2,490,000	$2,490,000		Yes (1)	Yes (1)	Yes (1)	$38,702	$49,800

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0	0	0	0	0	0	0
B	0	0	0	0	0	0	0
C	0	0	0	0	0	0	0

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd
A	Yes (1)
B	0	0	0	0
C	0	0	0	0

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	0
B	0
C	0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8B	THE BOARD DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11	THE BOARD OF TRUSTEES WILL REVIEW AND APPROVE THE FORM 990 ANNUAL TAX FILING PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12C	THE CHAIRMAN OF THE BOARD ANNUALLY REVIEWS THE DISCLOSURE STATEMENTS TO DETERMINE IF ANY CONFLICTS EXIST.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AT THE FACILITY IN PERRY, IOWA.
FORM 990, PART XI, LINE 9:	CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT 1,523.