2015-06-29T14:04:27-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 101 NORTH TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2014-01-01 620698709 PRESBYTERIAN HOMES OF TENNESSEE INC PRES 8656903411 801 VANOSDALE ROAD KNOXVILLE TN 37909 WILLIAM R THOMAS JR PRESIDENT/CEO 8656903411 2015-06-25 1 JOHN NORMAN P01506766 7049985200 2014 2016-03-07 17:11:31Z WILLIAM R THOMAS JR 801 VANOSDALE ROAD KNOXVILLE TN 37909 30407611 0 X WWW.SHANNONDALETN.COM X 1968 TN THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES. 17 16 676 0 0 0 234642 208257 29549167 29225183 625384 869335 215300 104836 30624493 30407611 0 0 0 0 17095863 17487304 0 0 0 11872473 12065323 28968336 29552627 1656157 854984 68086246 68195994 40424616 41837828 27661630 26358166 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 14975103 20692379 EXPENSES RELATED TO PROVIDING SKILLED NURSING AND RELATED HEALTH CARE SERVICES TO THE ELDERLY. THERE ARE 244 RESIDENT BEDS AVAILABLE AND 84,775 DAYS OF SERVICES WERE PROVIDED. 5465019 6619737 EXPENSES INCURRED PROVIDING RETIREMENT HOME AND RELATED SERVICES TO THE ELDERLY. 140,843 DAYS WERE PROVIDED. 2170632 3095495 EXPENSES INCURRED PROVIDING ASSISTED LIVING AND RELATED SERVICES TO THE ELDERLY. THERE ARE 84 PATIENT BEDS AND 24,224 DAYS WERE PROVIDED. 22610754 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 24 0 1 676 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 GLEN MCDANIEL 8656903411 7424 MIDDLEBROOK PIKE KNOXVILLE TN 37909 DEBBIE JONES CHAIRMAN 1.00 X X 0 0 0 SANDY MARTIN SECRETARY 1.00 X X 0 0 0 CHARLES WEST MEMBER 1.00 X X 0 0 0 MIKE DALTON VICE CHAIRMAN 1.00 X X 0 0 0 DALE KEASLING TREASURER 1.00 X X 0 0 0 SUZY GARNER BOOKER MEMBER 1.00 X 0 0 0 MARY ALICE TUCKER MEMBER 1.00 X 0 0 0 ROBERT KILLEFER MEMBER 1.00 X 0 0 0 DOUG OVERBEY MEMBER 1.00 X 0 0 0 HOLLY BURKETT MEMBER 1.00 X 0 0 0 JOE COLQUITT MEMBER 1.00 X 0 0 0 CRAIG JARVIS 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 MIKE DALTON MEMBER 1.00 X 0 0 0 MICHAEL MILLER MEMBER 1.00 X 0 0 0 WILLIAM R THOMAS PRESIDENT/CEO 37.50 X 233188 0 23318 TODD TAYLOR ADMINISTRATOR 37.50 X 129198 0 12920 DAVID MAXWELL ADMINISTRATOR 37.50 X 106025 0 10603 468411 0 46841 5 0 1 0 LANDSCAPE WORKSHOP 550 MONTGOMERY HIGHWAY SUITE 200 VESTAVIA HILLS AL 35216 LAWN CARE 131216 RICHARD H DAVIS 3201 MT VERNON DRIVE KNOXVILLE TN 37920 HOME REPAIR 103848 2 208257 208257 GENERAL SERVICE FEES 623000 23620502 23620502 5604681 5604681 29225183 696517 696517 172818 0 172818 172818 172818 MEALS - GUESTS AND EMPLOYEES 623000 79140 79140 25696 25696 104836 30407611 29330019 0 869335 13901740 12508187 1393553 901844 901844 1671151 1671151 1012569 1012569 84067 84067 89860 89860 47537 47537 979109 938125 40984 27052 27052 138375 91755 46620 145124 18544 126580 2788955 2788955 26027 4734 21293 22533 17216 5317 272606 272606 2581754 2572822 8932 MEDICAL SUPPLIES 2213411 2213411 FOOD COSTS 1311882 1311882 LICENSES & DUES 841539 841539 BAD DEBT 197318 197318 298174 145123 153051 29552627 22610754 6941873 0 461253 425280 2903279 1968711 1583150 1855762 176683 219682 49469 97826 91202989 38608693 51167010 52594296 11487515 10699662 257887 334775 68086246 68195994 871503 1771600 28857596 28054230 7809689 7378606 2885828 4633392 40424616 41837828 X 27340948 25941073 320682 417093 27661630 26358166 68086246 68195994 X 854984 -96426 -2062022 X X 0 1 X 1 0 X 468834 418506 275225 234642 208257 1605464 29350996 30094761 29230554 29549167 29225183 147450661 29819830 30513267 29505779 29783809 29433440 149056125 0 0 0 149056125 301901 267503 387253 625384 696517 2278558 301901 267503 387253 625384 696517 2278558 107296 2311578 877307 215300 104836 3616317 30229027 33092348 30770339 30624493 30234793 154951000 0.96200 0.96520 0.01470 0.01120 X 2374399 2374399 77860295 32959583 44900712 1642257 1642257 6121815 5434753 687062 3204223 214357 2989866 52594296 LONG TERM INVESTMENTS 10699662 F 10699662 ACCRUED PENSION LIABILITIES 4633392 4633392 X 30279010 26254 26254 30252756 154855 154855 30407611 29552627 0 29552627 0 29552627 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. SHOULD ANY STATUS BE CHALLENGED IN THE FUTURE, THE 2011, 2012, AND 2013 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. 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 2D - OTHER ADJUSTMENTS: NET ASSETS RELEASED FROM RESTRICTIONS 26,254. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED CONTRIBUTIONS 154,855. 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM R THOMAS PRESIDENT/CEO 233188 0 0 0 0 0 0 0 23318 0 256506 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 5646872 12263362 84610 3178752 9000000 2009 1 0 1 1 B 10000000 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 11 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. THE PROCESS WAS LAST UNDERTAKEN FOR WILLIAM R. THOMAS, CEO & PRESIDENT ON 1/1/14, TODD TAYLOR, ASSISTANT ADMINISTRATOR ON 8/4/14 AND DAVID MAXWELL, ADMINISTRATOR ON 3/14/14. 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 -2,062,022. FORM 990, PART XII, LINE 2C: PROCESS HAS NOT CHANGED FORM THE PRIOR YEAR.