RIVER TERRACE ESTATES INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization: RIVER TERRACE ESTATES INC (EIN 23-7204803)
Tax period: 2014-01-01 to 2014-12-31
Filed: 2015-10-06
IRS object ID: 201512799349300116
Schema version: 2014v5.0
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 D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2015-10-06T09:06:13-05:00	ReturnTs
Tax Period End	2014-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	220 SOUTH SIXTH STREET SUITE 300	AddressLine1Txt
City	MINNEAPOLIS	CityNm
State Abbreviation	MN	StateAbbreviationCd
ZIP	55402	ZIPCd

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

Filer Filer

Field	Value	IRS element (for citing)
EIN	237204803	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RIVER TERRACE ESTATES INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	RIVE	BusinessNameControlTxt
Phone	6154697015	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2572	AddressLine1Txt
City	BRENTWOOD	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37024	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID STEWART	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	6154697015	PhoneNum
Signature	2015-09-28	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEFF VRIEZE	PreparerPersonNm
PTIN	P01273590	PTIN
Phone	6123764500	PhoneNum

Field	Value	IRS element (for citing)
Tax	2014	TaxYr
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Principal Officer	DAVID STEWART	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2517 MYERS PARK CT	AddressLine1Txt
City	BRENTWOOD	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37027	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$5,944,752	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1971	FormationYr
Legal Domicile State	IN	LegalDomicileStateCd
Activity Or Mission	TO PROVIDE HOUSING AND HEALTH CARE SERVICES FOR BLUFFTON AREA SENIOR CITIZENS.	ActivityOrMissionDesc
Voting Members Governing Body	5	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	3	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$205,565	PYContributionsGrantsAmt
CY Contributions Grants	$240	CYContributionsGrantsAmt
PY Program Service Revenue	$6,078,439	PYProgramServiceRevenueAmt
CY Program Service Revenue	$5,867,002	CYProgramServiceRevenueAmt
PY Investment Income	$1,093	PYInvestmentIncomeAmt
CY Investment Income	$5,038	CYInvestmentIncomeAmt
PY Other Revenue	$52,192	PYOtherRevenueAmt
CY Other Revenue	$70,730	CYOtherRevenueAmt
PY Total Revenue	$6,337,289	PYTotalRevenueAmt
CY Total Revenue	$5,943,010	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	$0	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,902,418	PYOtherExpensesAmt
CY Other Expenses	$6,943,971	CYOtherExpensesAmt
PY Total Expenses	$6,902,418	PYTotalExpensesAmt
CY Total Expenses	$6,943,971	CYTotalExpensesAmt
PY Revenues Less Expenses	-$565,129	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$1,000,961	CYRevenuesLessExpensesAmt
Total Assets BOY	$13,723,901	TotalAssetsBOYAmt
Total Assets EOY	$13,262,863	TotalAssetsEOYAmt
Total Liabilities BOY	$23,505,840	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$23,995,677	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$9,781,939	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$10,732,814	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	RIVER TERRACE ESTATES, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED EXPRESSLY FOR THE PURPOSE OF DEVELOPING, OWNING, AND OPERATING A SENIOR LIVING COMMUNITY NEAR BLUFFTON, INDIANA, TO PROVIDE HOUSING AND HEALTH CARE SERVICES AND INCREASE THE FINANCIAL SECURITY FOR BLUFFTON AREA SENIOR CITIZENS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,649,003	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$3,369,329	RevenueAmt
Desc	RIVER TERRACE ESTATES, INC. (RTE) OFFERS INDEPENDENT LIVING, ASSISTED LIVING, AND MEMORY SUPPORT SERVICES TO RESIDENTS FACING THE CHALLENGES OF AGING, ALZHEIMER'S DISEASE AND OTHER FORMS OF DIMENTIA. RTE SERVED 76 RESIDENTS IN 2014 WITH APPROXIMATELY 9% OF THESE RESIDENTS RECEIVING A SUBSIDY THROUGH ONE OF THE PROGRAMS RTE IS INVOLVED WITH, SUCH AS THE GOOD NEIGHBOR FUND.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,963,697	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$2,497,673	RevenueAmt
Desc	RTE OFFERS SKILLED NURSING SERVICES IN A 30 BED UNIT TO RESIDENTS REQUIRING EXTENDED CARE TO MANAGE CHRONIC MEDICAL CONDITIONS AND/OR REHABILITATION SERVICES. RTE SERVED 62 RESIDENTS DURING 2014 WITH APPROXIMATELY 16% OF THESE RESIDENTS HAVING INCOME BELOW THE FEDERAL POVERTY LINE.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$4,612,700	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	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	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	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	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
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	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	0	EmployeeCnt
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	5	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	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
States Where Copy Of Return Is Fld	IN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	DAVID STEWART	PersonNm
Phone	6154697015	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 2572	AddressLine1Txt
City	BRENTWOOD	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37024	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
MICHAEL ROSEN
CHAIRMAN	0.50	1.00	Yes (X)	Yes (X)	$0	$15,000	$0
FRED BROWN
SECRETARY	0.50	1.00	Yes (X)	Yes (X)	$0	$12,500	$0
PAUL SANDERS
DIRECTOR	0.50	1.00	Yes (X)		$0	$12,500	$0
SHERRY WHEATON
DIRECTOR	0.50	1.00	Yes (X)		$0	$12,500	$0
FELIX FRARACCIO
DIRECTOR	0.50	1.00	Yes (X)		$0	$12,500	$0
DAVID STEWART
CEO	5.00	41.00		Yes (X)	$0	$183,303	$26,125

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$248,303	TotReportableCompRltdOrgAmt
Total Other Compensation	$26,125	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
FROST BROWN TODD LLC ATTORNEY
PO BOX 70087	LOUISVILLE	KY	402700087	ATTORNEY FEES	$686,908
REHAB CARE INC
PO BOX 503534	ST LOUIS	MO	631503534	THERAPY SERVICES	$217,537
GREYSTONE INC
225 E JOHN CARPENTER FWY SUITE 700	IRVING	TX	75062	MANAGEMENT SERVICES	$134,468
NORTH SHORES CONSULTING LLC
1570 ELMWOOD AVE 1403	EVANSTON	IL	60201	CONSULTING SERVICES	$106,542

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$240	AllOtherContributionsAmt
Total Contributions	$240	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
HOUSING RENTAL	623000	$3,051,568	$3,051,568
HEALTH CARE CENTER	623000	$1,689,231	$1,689,231
ANCILLARY SERVICES REV	623000	$808,442	$808,442
ENTRANCE FEES	623000	$317,761	$317,761

Field	Value	IRS element (for citing)
Total Program Service Revenue	$5,867,002	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,705	TotalRevenueColumnAmt
Exclusion	$4,705	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$333	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$0	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$333	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$333	TotalRevenueColumnAmt
Exclusion	$333	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$3,289	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$1,742	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,547	TotalRevenueColumnAmt
Exclusion	$1,547	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt
OTHER REVENUE	900099	$29,825	$29,825
MEAL REVENUE	900099	$22,947	$22,947
CABLE REVENUE	900099	$7,669	$7,669

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,742	TotalRevenueColumnAmt
Exclusion	$8,742	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$69,183	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,943,010	TotalRevenueColumnAmt
Related Or Exempt Func Income	$5,867,002	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$75,768	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$162,823	TotalAmt
Management And General	$162,823	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$656,880	TotalAmt
Program Services	$5,200	ProgramServicesAmt
Management And General	$651,680	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$43,861	TotalAmt
Management And General	$43,861	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$3,196,581	TotalAmt
Program Services	$2,277,258	ProgramServicesAmt
Management And General	$919,323	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$55,315	TotalAmt
Management And General	$55,315	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$181,751	TotalAmt
Program Services	$123,932	ProgramServicesAmt
Management And General	$57,819	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$3,488	TotalAmt
Management And General	$3,488	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$299,263	TotalAmt
Program Services	$299,263	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$37,150	TotalAmt
Program Services	$23,602	ProgramServicesAmt
Management And General	$13,548	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$533,323	TotalAmt
Program Services	$530,814	ProgramServicesAmt
Management And General	$2,509	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$517,077	TotalAmt
Program Services	$517,077	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$69,783	TotalAmt
Program Services	$69,783	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
RAW FOODS COST	$282,946	$282,946
REORGANIZATION EXPENSES	$252,609		$252,609
THERAPY EXPENSES	$232,327	$232,327
OTHER EXPENSES	$179,119	$42,635	$136,484

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$239,675	TotalAmt
Program Services	$207,863	ProgramServicesAmt
Management And General	$31,812	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$6,943,971	TotalAmt
Program Services	$4,612,700	ProgramServicesAmt
Management And General	$2,331,271	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$362,218	BOYAmt
EOY	$152,309	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$199,918	BOYAmt
EOY	$267,004	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$341,937	BOYAmt
EOY	$289,893	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$15,807	BOYAmt
EOY	$12,918	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$44,874	BOYAmt
EOY	$166,525	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$17,155,633	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$5,657,713	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$11,845,672	BOYAmt
EOY	$11,497,920	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$454,163	BOYAmt
EOY	$459,174	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$458,939	BOYAmt
EOY	$417,098	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$373	BOYAmt
EOY	$22	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$13,723,901	BOYAmt
EOY	$13,262,863	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$899,994	BOYAmt
EOY	$1,881,870	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$14,000,000	BOYAmt
EOY	$14,000,000	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$46,391	BOYAmt
EOY	$36,928	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$8,559,455	BOYAmt
EOY	$8,076,879	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$23,505,840	BOYAmt
EOY	$23,995,677	EOYAmt

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

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$9,781,939	BOYAmt
EOY	-$10,732,814	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$9,781,939	BOYAmt
EOY	-$10,732,814	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$13,723,901	BOYAmt
EOY	$13,262,863	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$1,000,961	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$86	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$50,000	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	0	FSAuditedInd
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	$57,044	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$56,556	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$92,974	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$205,565	CurrentTaxYearMinus1YearAmt
Current Tax Year	$240	CurrentTaxYearAmt
Total	$412,379	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,314,993	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,432,186	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,645,603	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,095,124	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,867,002	CurrentTaxYearAmt
Total	$28,354,908	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,372,037	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,488,742	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,738,577	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,300,689	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,867,242	CurrentTaxYearAmt
Total	$28,767,287	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	$28,767,287	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$33,945	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$37,185	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$34,859	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,910	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,705	CurrentTaxYearAmt
Total	$123,604	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$33,945	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$37,185	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$34,859	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$12,910	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,705	CurrentTaxYearAmt
Total	$123,604	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$25	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,429	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$64,818	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$47,732	CurrentTaxYearMinus1YearAmt
Current Tax Year	$72,472	CurrentTaxYearAmt
Total	$203,476	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,406,007	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,544,356	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$5,838,254	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,361,331	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,944,419	CurrentTaxYearAmt
Total	$29,094,367	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.98880	PublicSupportCY509Pct
Public Support PY509	0.98930	PublicSupportPY509Pct
Investment Income CY	0.00420	InvestmentIncomeCYPct
Investment Income PY	0.00600	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	OTHER INCOME MEAL REVENUE CABLE REVENUE BARBER SHOP REVENUE RECEIPTS FROM SALE OF INVENTORY SPECIAL EVENTS	ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$30,780	OtherCostOrOtherBasisAmt
Book Value	$30,780	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,941,840	OtherCostOrOtherBasisAmt
Depreciation	$4,667,779	DepreciationAmt
Book Value	$11,274,061	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$28,362	OtherCostOrOtherBasisAmt
Depreciation	$504	DepreciationAmt
Book Value	$27,858	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,135,027	OtherCostOrOtherBasisAmt
Depreciation	$989,430	DepreciationAmt
Book Value	$145,597	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$19,624	OtherCostOrOtherBasisAmt
Book Value	$19,624	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$11,497,920	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
RESIDENT DEPOSITS, NONREFUNDABLE	$879,739
RESIDENT DEPOSITS, REFUNDABLE	$1,628,193
DUE TO FOUNDATION	$5,568,947

Field	Value	IRS element (for citing)
Total Liability	$8,076,879	TotalLiabilityAmt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	DAVID STEWART	PersonNm
Title	CEO	TitleTxt
Base Compensation Filing Org	$0	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$183,303	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$4,850	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$0	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$21,275	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$0	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$209,428	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE J, PART 1, LINE 3	FormAndLineReferenceDesc
Explanation	DAVID STEWART IS A VOLUNTEER TO RIVER TERRACE ESTATES, INC. AND IS NOT PAID BY RIVER TERRACE ESTATES, INC. HE IS EMPLOYED AND PAID BY THE FOUNDATION FOR HEALTH CARE CONTINUUMS. THE FOUNDATION FOR HEALTH CARE CONTINUUMS USES THE FOLLOWING WHEN DETERMINING COMPENSATION FOR OFFICERS AND EMPLOYEES: (1) COMPENSATION COMMITTEE (2) COMPENSATION SURVEY OR STUDY AND (3) APPROVAL BY BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3	THE ORGANIZATION'S CEO SURPERVISES THE MANAGER'S AND EXECUTIVE DIRECTOR'S PERFORMANCE AND IS COMPENSATED BY A RELATED ORGANIZATION, THE FOUNDATION FOR HEALTH CARE CONTINUUMS. THE EXECUTIVE DIRECTOR REPORTS TO THE CEO AND IS AN EMPLOYEE OF THE ORGANIZATION. THE EXECUTIVE DIRECTOR IS RESPONSIBLE FOR LEADING THE DAY-TO-DAY OPERATIONS. THE ORGANIZATION DELEGATES TYPICAL PROPERTY MANAGEMENT FUNCTIONS TO AN INDEPENDENT THIRD PARTY MANAGER, GREYSTONE MANAGEMENT SERVICES CO, LLC UNDER TERMS DESCRIBED IN THE MANAGEMENT AGREEMENT. THE MANAGEMENT AGREEMENT COMMENCED IN AUGUST 2002 AND HAS A TERM OF SIX YEARS WITH AN AUTOMATIC TWO-YEAR RENEWAL AFTER THE INITIAL TERM AND ANNUAL RENEWALS THEREAFTER, UNLESS EITHER PARTY TERMINATES WITHIN 60 DAYS OF EACH REVEWAL DATE. ALL OTHER SERVICES ARE PROVIDED BY EMPLOYEES OF MERIT RESOURCES, A PROFESSIONAL EMPLOYMENT AGENCY THAT IS UNRELATED TO THE FILING ORGANIZATION. RIVER TERRACE ESTATES REIMBURSES MERIT RESOURCES FOR SALARY RELATED EMPLOYMENT COSTS. THE MANAGEMENT AGREEMENT WAS TERMINATED AS OF DECEMBER 31, 2014.
FORM 990, PART VI, SECTION A, LINE 8B	THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11	PRIOR TO FILING THE RETURN WITH THE IRS, A DRAFT OF THE COMPLETED FORM 990 IS REVIEWED BY THE ORGANIZATION'S CEO. SUBSEQUENT TO THIS REVIEW, THE COMPLETED AND FINAL FORM 990 IS PRESENTED TO THE FULL BOARD FOR REVIEW AND IS SUBSEQUENTLY FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH DIRECTOR AND OFFICER TO SIGN A WRITTEN STATEMENT AND DISCLOSE ANY CONFLICT OF INTEREST. A COMPONENT OF THE POLICY REQUIRES THAT ANY DIRECTOR OR OFFICER WITH A CONFLICT IS PROHIBITED FROM VOTING ON ANY MATTER IN WHICH THERE IS A CONFLICT. THE CEO OF THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON A REGULAR BASIS AND THE BOARD OF DIRECTORS MONITORS THE CEO.
FORM 990, PART VI, SECTION C, LINE 19	VARIOUS PUBLIC AND PRIVATE ENTITIES MAY REQUIRE THE FILING OF SUCH DOCUMENTS AS PART OF A REGULATORY OR CONTRACTUAL COMMITMENT, AND AS A RESULT OF SUCH OBLIGATIONS, CERTAIN MATERIALS MAY, IN FACT, BE AVAILABLE TO THE PUBLIC. FINANCIAL INFORMATION AS WELL AS DETAILED INFORMATION ABOUT THE ORGANIZATION IS MADE AVAILABLE TO RESIDENTS OF THE INDEPENDENT LIVING SECTION BY WAY OF A CONTINUING DISCLOSURE DOCUMENT. OUTSIDE SUCH DISCLOSURES, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT ROUTINELY MADE AVAILABLE BY THE ORGANIZATION TO THE PUBLIC. NOTABLY, FINANCIAL STATEMENTS, GOVERING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED TO BE DISCLOSED TO THE PUBLIC PURSUANT TO IRC SECTION 6104.
FORM 990, PART IX, LINE 11G	OTHER FEES: PROGRAM SERVICE EXPENSES 149,484. MANAGEMENT AND GENERAL EXPENSES 8,202. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 157,686. OTHER SALARIES: PROGRAM SERVICE EXPENSES 2,106,665. MANAGEMENT AND GENERAL EXPENSES 572,648. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,679,313. OTHER BENEFITS: PROGRAM SERVICE EXPENSES 21,109. MANAGEMENT AND GENERAL EXPENSES 231,931. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 253,040. CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 106,542. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 106,542.
FORM 990, PART XI, LINE 9:	TRANSFER FROM FOUNDATION 50,000.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Direct Controlling NADirectControllingNACd
RIVER TERRACE ESTATES FOUNDATION
PO BOX 2572	BRENTWOOD	IN	37024	300000887	SUPPORT ORGANIZATION	IN	501(C)(3)	LINE 11A, I	RIVER TERRACE ESTATES INC	Yes (1)
ALZHEIMER'S DISEASE FOUNDATION
PO BOX 2572	BRENTWOOD	TN	37024	363336574	RESEARCH	IN	501(C)(3)	LINE 11A, I	RIVER TERRACE ESTATES INC	Yes (1)
FOUNDATION FOR HEALTH CARE CONTINUUMS
2517 MYERS PARK CT	BRENTWOOD	TN	37027	621611446	HEALTH CARE/ SENIOR LIVING	TN	501(C)(3)	LINE 9		0	N/A

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	Yes (1)	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	0	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	FOUNDATION FOR HEALTH CARE CONTINUUMS	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Transaction Type	O	TransactionTypeTxt
Involved	$209,428	InvolvedAmt
Method Of Amount Determination	CEO SALARY AND BENEFITS	MethodOfAmountDeterminationTxt