2015-06-02T09:13:09-05:00 2014-12-31 742920819 ATCHLEY & ASSOCIATES LLP 6850 AUSTIN CENTER BLVD STE 180 AUSTIN TX 787313129 990 2014-01-01 200709981 LONGHORN VILLAGE LONG 5152665600 12501 LONGHORN PKWY AUSTIN TX 78732 STEPHEN BALLANTYNE CHAIRMAN 5152665600 2015-06-01 1 RENAE DUNCAN P01257722 5123462086 2014 2016-02-25 16:41:14Z STEPHEN BALLANTYNE 12501 LONGHORN PKWY AUSTIN TX 78732 18063387 0 X WWW.LONGHORNVILLAGE.COM X 2002 TX TO ACQUIRE REAL PROPERTY AND TO DEVELOP, MARKET AND OPERATE THE PROPERTY AS A CCRC. 8 8 359 0 0 0 63625 0 18241602 17756444 310752 306943 0 0 18615979 18063387 0 0 0 0 7910774 7585988 0 0 0 19830633 18864993 27741407 26450981 -9125428 -8387594 146562185 139552603 208798625 210176637 -62236440 -70624034 TO ACQUIRE REAL PROPERTY AND TO DEVELOP, MARKET AND OPERATE THE PROPERTY AS A CONTINUING CARE RETIREMENT COMMUNITY (CCRC). 0 0 24252270 17756444 THE COMMUNITY CONSISTS OF 214 INDEPENDENT LIVING UNITS (INCLUDING 173 APARTMENTS AND 41 PATIO HOMES), AND A HEALTHCARE FACILITY CONSISTING OF APPROXIMATELY 20 ASSISTED LIVING UNITS, 16 SPECIAL CARE DEMENTIA UNITS, AND 60 SKILLED NURSING BEDS. THE COMPANY COMMENCED OPERATIONS OF THE INDEPENDENT LIVING UNITS IN AUGUST 2009. IN OCTOBER 2010, THE HEALTHCARE FACILITY BEGAN OPERATIONS. 24252270 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 77 0 1 359 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X X DEIDRE KINSEY 5122665600 12501 LONGHORN PKWY AUSTIN TX 78732 X STEPHEN BALLANTYNE CHAIRMAN 1.00 X X 0 0 0 MARK WILLIAMS SECRETARY 1.00 X X 0 0 0 ALEXA STUIFBERGEN DIRECTOR 1.00 X 0 0 0 CHARLES ROBERTS DIRECTOR 1.00 X 0 0 0 CHARLES MATTHEWS DIRECTOR 1.00 X 0 0 0 EVAN M WILLIAMS DIRECTOR 1.00 X 0 0 0 JOHN BECKWORTH UNTIL JUNE 2014 DIRECTOR 1.00 X 0 0 0 LESLIE CEDAR DIRECTOR 1.00 X 0 0 0 LUIS ZAYAS UNTIL AUGUST 2014 DIRECTOR 1.00 X 0 0 0 LYNN CRISMON DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 LIFE CARE SERVICES LLC 400 LOCUST STREET SUITE 820 DES MOINES IA 50309 MANAGEMENT 739697 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 643144 SYSCO FOOD SERVICES OF AUSTIN 1260 SCHWAB ROAD NEW BRAUNFELS TX 78132 FOOD/PRODUCTS 492904 TEXAS EXES 2110 SAN JACINTO BLVD AUSTIN TX 78701 ROYALTIES 448014 US FOODS INC 9399 WEST HIGGINS ROAD ROSEMONT IL 60018 FOODS/PRODUCTS 428166 11 RESIDENT SERVICES 623990 10847738 10847738 HEALTH CARE REVENUE 623990 4725270 4725270 ENTRANCE FEE AMORTIZATION 623000 1708334 1708334 OTHER FEES 623990 475102 475102 17756444 306943 306943 18063387 17756444 0 306943 6450932 5514606 936326 662558 622973 39585 472498 428861 43637 131333 131333 38450 38450 631703 290710 340993 211686 33346 178340 61790 24705 37085 201236 26102 175134 1515798 1515798 10379 6564 3815 25646 13043 12603 6256013 6256013 6257431 6257431 196191 174033 22158 FOOD 1237183 1237183 MEDICAL SUPPLIES 1051359 1051359 EQUIPMENT & REPAIR 480624 470319 10305 KITCHEN SUPPLIES 110327 110327 447844 218897 228947 26450981 24252270 2198711 0 5250768 4431723 429041 346028 630316 356267 63959 623099 55160 55434 234013 469448 135077130 28512244 111373706 106564886 18484536 17902509 10040686 8803209 146562185 139552603 1028471 1646999 94271446 90192773 113498708 118336865 208798625 210176637 X -62236440 -70624034 -62236440 -70624034 146562185 139552603 -8387594 0 X X 0 1 X 1 0 X 63625 63625 7225381 14402848 19096650 18241602 17756444 76722925 7225381 14402848 19096650 18305227 17756444 76786550 0 0 0 76786550 439263 404586 364859 310752 306943 1826403 439263 404586 364859 310752 306943 1826403 1000000 1000000 7664644 14807434 20461509 18615979 18063387 79612953 0.96450 0.95180 0.02290 0.03240 X 6879357 6879357 123853395 24530582 99322813 4344378 3981662 362716 106564886 BOND FUNDS 17902509 F 17902509 DEFERRED COSTS 8803209 8803209 ACCRUED INTEREST 3100197 ENTRANCE FEE DEPOSITS 348041 DEFERRED REVENUE FROM ENTRANCE FEES 112059452 LONG TERM FEES PAYABLE 2829175 118336865 X 18063387 0 18063387 0 18063387 26450981 0 26450981 0 26450981 PART X, LINE 2: LONGHORN VILLAGE FOLLOWS FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAX. THAT STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. A THE TRAVIS COUNTY HEALTH FACILITIES DEVELOPMENT CORPORATION 742251752 89438LCG1 2012-03-29 105493503 REFUND PRIOR ISSUE 0 0 0 A 105493503 62864 103478401 1952238 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, SUPPLEMENTAL INFORMATION: THE SERIES 2012 BONDS WERE USED TO REFUND THE SERIES 2008 BONDS, WHICH WERE LEGALLY DEFEASED AT THE TIME OF REFUNDING. PROCEEDS OF THE SERIES 2008 BONDS, TOGETHER WITH FUNDS PROVIDED FROM ENTRANCE FEES AND EARNINGS ON SUCH PROCEEDINGS, WERE USED FOR (I) REFINANCING CERTAIN PRE-CONSTRUCTION DEBT OF THE CORPORATION RELATING TO A CONTINUING CARE RETIREMENT CENTER PROJECT (THE "PROJECT") TO BE OWNED AND OPERATED BY THE CORPORATION, (II) THE ACQUISITION, CONSTRUCTION, EQUIPPING AND FURNISHING OF THE PROJECT, (III) FUNDING A DEBT SERVICE RESERVE FUND UNDER THE BOND INDENTURE, (IV) FUNDING WORKING CAPITAL, MARKETING COSTS AND CAPITALIZED INTEREST FOR APPROXIMATELY TWO YEARS, AND (V) PAYING COSTS OF ISSUANCE OF THE SERIES 2008 BONDS AND OTHER FINANCING CHARGES. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENGAGED A MANAGEMENT COMPANY, LIFECARE SERVICES, TO MANAGE THE OPERATIONS OF THE ORGANIZATION. LIFECARE SERVICES REPORTS DIRECTLY TO THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND SIGNED ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A LIFECARE SERVICES DETERMINES THE AMOUNT THE EXECUTIVE DIRECTOR IS COMPENSATED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990 IS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT HAS NOT CHANGED ITS POLICY FROM THE PRIOR YEAR.