2015-11-12T15:06:11-06:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2014-07-01 731571795 MONTEREAU INC MONT 9184915200 6800 S GRANITE AVENUE TULSA OK 74136 ANGELA LARSON CFO 9184915200 2015-11-11 1 AMANDA TINNEY P01587658 3149254300 2014 2016-02-25 16:41:14Z DAVID MURLETTE 6800 S GRANITE AVENUE TULSA OK 74136 87744186 0 X WWW.MONTEREAU.NET X 1999 OK MONTEREAU, INC., OWNS AND OPERATES A CONTINUING CARE RETIREMENT COMMUNITY IN TULSA, OK. MONTEREAU SUPPORTS, HONORS AND UPLIFTS THE LIVES OF OLDER ADULTS AND THOSE WHO CARE FOR THEM BY PROVIDING RESIDENTIAL INDEPENDENT LIVING ACCOMMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS AGE 55 AND OVER, AS WELL AS ASSISTED LIVING, MEMORY SUPPORT (ALZHEIMER'S CARE) AND SKILLED NURSING SERVICES TO ITS RESIDENTS. 10 9 557 200 0 0 1215317 232689 26480116 28668792 1072950 1184654 2921361 508556 31689744 30594691 64960 72990 0 0 11586366 12660438 0 0 0 24648079 24479221 36299405 37212649 -4609661 -6617958 183111141 177510145 226664501 228550886 -43553360 -51040741 X MONTEREAU SUPPORTS, HONORS AND UPLIFTS THE LIVES OF OLDER ADULTS AND THOSE WHO CARE FOR THEM BY PROVIDING RESIDENTIAL INDEPENDENT LIVING ACCOMMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS AGE 55 AND OVER AS WELL AS ASSISTED LIVING, MEMORY SUPPORT (ALZHEIMER'S CARE) AND SKILLED NURSING SERVICES TO ITS RESIDENTS. 0 0 32708427 72990 28668792 RESIDENTIAL INDEPENDENT LIVING FOR OLDER ADULTS - MONTEREAU PROVIDES RESIDENTIAL INDEPENDENT LIVING ACCOMODATIONS AND SUPPORTIVE SERVICES TO INVIDIDUALS AGE 55 AND OVER, THOUGH THE AVERAGE AGE OF NEW RESIDENTS IS 81. THE AVERAGE AGE OF ALL RESIDENTS IS 84. A TYPICAL RESIDENT ENTERING INDEPENDENT LIVING WILL RESIDE AT MONTEREAU FOR APPROXIMATELY 10 YEARS. RESIDENTS PAY AN ENTRANCE FEE UPON MOVING IN AND A MONTHLY SERVICE FEE WHILE THEY RESIDE AT MONTEREAU. ONCE MONTEREAU ACCEPTS A RESIDENT IN INDEPENDENT LIVING UNDER A CONTINUING CARE RESIDENCY AGREEMENT, MONTEREAU IS CONTRACTUALLY OBLIGATED TO PROVIDE INDEPENDENT LIVING AND HEALTH CARE SERVICES (GENERALLY EXCLUDING PRIMARY CARE, HOSPITAL CARE, PHARMACEUTICALS AND CERTAIN OTHER SUPPLIES) FOR THE REST OF THE RESIDENT'S LIFE REGARDLESS OF THE RESIDENT'S ABILITY TO PAY. MONTEREAU PROVIDE A FULL RANGE OF DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, CULTURAL DEVELOPMENT, SPIRITUAL LIFE, PHYSICAL FITNESS OPTIONS, TRANSPORTATION AND SIMILAR SERVICES TO ITS RESIDENTS, GENERALLY WITHOUT ANY ADDITIONAL FEES. MONTEREAU HAS 328 INDEPENDENT LIVING RESIDENCES AND CURRENTLY SERVES APPROXIMATELY 395 INDIVIDUALS IN INDEPENDENT LIVING.ASSISTED LIVING - MONTEREAU PROVIDES ASSISTED LIVING ACCOMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INVIDIDUALS THAT ARE ADMITTED DIRECTLY TO ASSISTED LIVING. THE ASSISTED LIVING FACILITIES INCLUDE A DINING AREA, PRIVATE DINING OPPORTUNITIES, A SERVERY, LIVING AREAS AND A COMMUNITY ROOM USED FOR ACTIVITIES. RESIDENTS IN ASSISTED LIVING ARE NOT CAPABLE OF LIVING ON THEIR OWN, AND THEY RECEIVE 24-HOUR LICENSED NURSING CARE, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, IN ADDITION TO DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, CULTURAL DEVELOPMENT, SPIRITUAL LIFE, PHYSICAL FITNESS OPTIONS, TRANSPORTION AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING. THE GOAL OF MONTEREAU'S ASSISTED LIVING PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY AGING AND ILLNESS. MONTEREAU HAS 44 ASSISTED LIVING UNITS THAT GENERALLY ARE APPROXIMATELY 100% OCCUPIED.MEMORY SUPPORT - MONTEREAU PROVIDES ACCOMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT SUFFER FROM ALZHEIMER'S DISEASE AND SIMILAR COGNITIVE IMPAIRMENTS AND ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INDIVIDUALS THAT ARE ADMITTED DIRECTLY TO MEMORY SUPPORT. THE MEMORY SUPPORT FACILITIES INCLUDE A DINING AREA AND COMMUNITY ROOM, A SERVERY AND LIVING AREAS. RESIDENTS IN MEMORY SUPPORT ARE NOT CAPABLE OF LIVING ON THEIR OWN DUE TO COGNITIVE IMPAIRMENTS THAT MAY EXIST ALONGSIDE A NEED FOR ASSISTANCE. RESIDENTS RECEIVE 24-HOUR LICENSED NURSING CARE, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING AND PROGRAMS SPECIFIC TO THEIR COGNITIVE IMPAIRMENT, AS WELL AS DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, ACTIVITIES, SPIRITUAL LIFE AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING WITH ALLOWANCES FOR THEIR COGNITIVE AND PHYSICAL HEALTH. THE GOAL OF MONTEREAU'S MEMORY SUPPORT PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY THEIR COGNITIVE IMPAIRMENT, AGING AND ILLNESS. MONTEREAU HAS 29 ASSISTED LIVING UNITS THAT GENERALLY ARE APPROXIMATELY 82% OCCUPIED.SKILLED NURSING - MONTEREAU PROVIDES ACCOMODATIONS, NURSING CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT REQUIRE 24-HOUR NURSING CARE AND ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INVIDIDUALS THAT ARE ADMITTED DIRECTLY TO SKILLED NURSING. MONTEREAU SKILLED NURSING STAFFING IS HIGH IN COMPARISON TO SIMILAR FACILITIES ON A PER RESIDENT DAY BASIS, AND THE SKILLED NURSING UNIT IS AMONG A SELECT NUMBER OF SIMILAR FACILITIES THAT HAS EXPERIENCED TWO CONSECUTIVE YEARS OF DEFICIENCY FREE SURVEYS. THE SKILLED NURING FACILITIES INCLUDE DINING AREAS, COMMUNITY ROOMS, A SERVERY AND LIVING AREAS. RESIDENTS ARE PROVIDED WITH 24-HOUR LICENSED NURSING, DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, ACTIVITIES, SPIRITUAL LIFE AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING WITH ALLOWANCES FOR THEIR COGNITIVE AND PHYSICAL HEALTH. THE GOAL OF MONTEREAU'S SKILLED NURSING PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY THEIR COGNITIVE IMPAIRMENT, AGING AND ILLNESS. MONTEREAU HAS 74 SKILLED NURSING BEDS THAT GENERALLY ARE APPROXIMATELY 93% OCCUPIED.YOU'RE FIRST - MONTEREAU PROVIDES COMPANION CARE FOR RESIDENTS IN INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT AND SKILLED NURSING FOR AN ADDITIONAL FEE. THE PURPOSE OF THIS PROGRAM IS TO PROVIDE SOCIALIZATION AND MAXIMIZE INDEPENDENCE FOR INDIVIDUALS AS THEY BECOME ISOLATED OR UNABLE TO ACCOMPLISH CERTAIN DOMESTIC TASKS SUCH AS HOUSEKEEPING AND PET CARE DUE TO INFIRMITY. 32708427 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 78 0 557 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANGELA LARSON 9184915269 6800 S GRANITE AVENUE TULSA OK 74136 JOHN KELLY C WARREN CHAIRMAN OF THE BOARD 0.60 X X 0 0 0 JAKE HENRY JR DIRECTOR 0.20 X 0 0 0 MARGE GABERINO DIRECTOR 0.20 X 0 0 0 MIKE LISSAU DIRECTOR 0.20 X 0 0 0 JEFF FRABLE DIRECTOR 0.30 X 0 0 0 GARY RICHETTO DIRECTOR 0.20 X 0 0 0 MARK FRIED DIRECTOR 0.20 X 0 0 0 ANN LAGERE DIRECTOR 0.20 X 0 0 0 THOMAS E COOPER VICE PRESIDENT 0.60 X X 0 0 0 DAVID MURLETTE PRESIDENT/CEO 40.00 X X 355163 0 24218 ANGELA LARSON CFO/SECRETARY/TREASURER 40.00 X 173342 0 14010 JESSICA BOLEN ASSISTANT SECRETARY 40.00 X 90646 0 8200 LARRY LEBOLD DIRECTOR HUMAN RESOURCES 40.00 X 176820 0 9791 JAMIE MICHELLE TOWNSEND DIRECTOR OF SALES 40.00 X 140381 0 8740 FLOYD AUTIN HC ADMINISTRATOR 40.00 X 179140 0 9761 BOBBY BLOSE DIRECTOR OF PLANT OPERATIONS 40.00 X 107975 0 6737 RAMI HASBINI DIRECTOR OF FOOD & BEVERAGE 40.00 X 101470 0 5840 1324937 0 87297 7 0 1 0 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY 1275686 GREYSTONE DEVELOPMENT CO II LP 225 E JOHN CARPENTER FREEWAY IRVING TX 75062 MARKETING CONSULTANTS 361355 METRO LANDSCAPE SERVICES INC P O BOX 1617 BROKEN ARROW OK 74013 LANDSCAPING 334302 GLYNNDEVINS 11230 COLLEGE BLVD OVERLAND PARK KS 66210 ADVERTISING CONSULTANTS 331229 MIKE LOPER PAINTING INC 5103 S SHERIDAN RD STE 533 TULSA OK 74145 PAINTING 294181 10 232689 232689 RESIDENT FEES 623000 22985834 22985834 MEDICARE REVENUE 623000 3538084 3538084 ENTRANCE FEES 623000 2144874 2144874 28668792 1384139 1384139 56950010 57149495 -199485 -199485 -199485 MEAL REVENUE 623000 224422 224422 BEAUTY AND BARBER 623000 129206 129206 MISC INCOME 623000 76184 76184 78744 78744 508556 30594691 28668792 0 1693210 72990 72990 650875 650875 9597559 8886273 711286 362955 314713 48242 1260910 1093317 167593 788139 683384 104755 73584 73584 73349 73349 64958 64958 589300 203261 386039 1175852 52046 1123806 1090612 763419 327193 400782 400782 1432243 1427822 4421 98592 77174 21418 47862 30567 17295 7840850 7816649 24201 6193207 6174092 19115 329437 328420 1017 ANCILLARY EXPENSE 2089288 2089288 FOOD EXPENSE 1557514 1557514 REPAIRS & MAINT 838524 816029 22495 TAXES 321469 321469 261798 261798 37212649 32708427 4504222 0 11068005 5762975 14124593 7902664 116500 12266 2279310 3252609 26043 32496 264761 443465 175190989 42380161 135919425 132810828 16138571 24151302 3173933 3141540 183111141 177510145 3131474 4322859 11513402 12565326 107947388 91791383 11024424 104072237 108846894 226664501 228550886 X -44923339 -52500439 1369979 1459698 -43553360 -51040741 183111141 177510145 X -6617958 -724978 -144445 X X 0 1 X 1 0 X 226622 194040 668835 1215317 232689 2537503 18134422 21581858 24091860 26480116 28668792 118957048 18361044 21775898 24760695 27695433 28901481 121494551 0 0 0 121494551 1912678 -691930 1068299 1002049 1384139 4675235 1912678 -691930 1068299 1002049 1384139 4675235 263497 319100 313127 2921361 508556 4325641 20537219 21403068 26142121 31618843 30794176 130495427 0.93100 0.93550 0.03580 0.02980 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2010 AMOUNT: $ 263,497. 2011 AMOUNT: $ 102,067. 2012 AMOUNT: $ 10,098. 2013 AMOUNT: $ 90,845. 2014 AMOUNT: $ 76,184. MEALS - 2011 AMOUNT: $ 207,725. 2012 AMOUNT: $ 268,756. 2013 AMOUNT: $ 114,727. 2014 AMOUNT: $ 224,422. BEAUTY AND BARBER - 2011 AMOUNT: $ 9,308. 2012 AMOUNT: $ 6,173. 2013 AMOUNT: $ 15,914. 2014 AMOUNT: $ 129,206. TRANSPORTATION - 2012 AMOUNT: $ 1,859. 2013 AMOUNT: $ 7,548. 2014 AMOUNT: $ 7,880. ACTIVITY REVENUE - 2013 AMOUNT: $ 20,961. 2014 AMOUNT: $ 14,005. MAINTENANCE/HOUSEKEEPING FEES - 2012 AMOUNT: $ 26,241. 2013 AMOUNT: $ 85,218. 2014 AMOUNT: $ 56,859. INSURANCE REIMBURSEMENT - 2013 AMOUNT: $ 2,586,148. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 141954397 28098135 113856262 5334632 1699615 3635017 16759633 12582411 4177222 11142327 11142327 132810828 DEPOSITS ON UNOCCUPIED UNITS 1476900 REFUNDS PAYABLE 107369994 108846894 X 29725268 -724978 -144445 -869423 30594691 0 30594691 37212649 0 37212649 0 37212649 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAX EXCEPT FOR THOSE THAT ARE ALREADY REPORTED ANNUALLY. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON REFINANCING -144,445. 1 ALZHEIMER'S ASSOCIATION 6465 S YALE TULSA OK 74136 731183372 501(C)(3) 45000 ALZHEIMER'S RESEARCH LIFE SENIOR SERVICES 5950 E 31ST STREET TULSA OK 741355106 731043783 501(C)(3) 15000 PROVIDES A WIDE VARIETY OF HOUSING AND OTHER SERVICES TO OLDER ADULTS; PRIMARILY TO THOSE WITH LIMITED OPTIONS 2 PART I, LINE 2: MONTEREAU MAKES CHARITABLE CONTRIBUTIONS TO LOCAL CHARITIES THAT ROUTINELY PUBLISH FINANCIAL AND OPERATING INFORMATION. X X X X X X 0 0 0 0 0 0 0 1 0 DAVID MURLETTE PRESIDENT/CEO 253203 0 96318 0 5642 0 12921 0 11297 0 379381 0 0 0 ANGELA LARSON CFO/SECRETARY/TREASURER 135232 0 38110 0 0 0 5042 0 8968 0 187352 0 0 0 LARRY LEBOLD DIRECTOR HUMAN RESOURCES 142849 0 33971 0 0 0 8440 0 1351 0 186611 0 0 0 FLOYD AUTIN HC ADMINISTRATOR 141700 0 37440 0 0 0 7261 0 2500 0 188901 0 0 0 PART I, LINE 7 CERTAIN OFFICERS / EMPLOYEES HAVE A PERFORMANCE BASED INCENTIVE BONUS. A TULSA COUNTY INDUSTRIAL AUTHORITY 521526494 000899530 2010-03-25 113533001 EXPANSION AND IMPROVEMENTS TO EXISTING COMMUNITY 0 0 0 A 22080000 120206417 8267190 1432057 67459373 43047797 2012 1 0 1 1 A 0 1 0 0 0.00070 0.00070 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TULSA COUNTY INDUSTRIAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/01/2015 LINE 3 TOTAL PROCEEDS OF $120,206,417 LISTED AS COMPARED TO THE $113,533,001 ISSUE PRICE REPORTED ON FORM 8038 - RECONCILIATION - $3,507,000 INITIAL ENTRANCE FEES ON GARDEN HOMES AND $3,166,416 OTHER FUNDS OF THE CORPORATION WHICH TOTAL $6,673,416 ADDITIONAL PROCEEDS ON BONDS. FORM 990, PART VI, SECTION A, LINE 6 THREE BOARD MEMBERS ARE MEMBERS OF THE CORPORATION AND RESPONSIBLE FOR ELECTING BOARD MEMBERS AND MEMBERS OF THE CORPORATION. THERE ARE NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THREE BOARD MEMBERS ARE MEMBERS OF THE CORPORATION AND RESPONSIBLE FOR ELECTING BOARD MEMBERS AND MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS OF THE EXECUTIVE AND AUDIT COMMITTEE ARE REPORTED REGULARLY TO THE FULL BOARD OF DIRECTORS AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE ALSO SERVES AS THE AUDIT COMMITTEE. MEMBERS MUST APPROVE CERTAIN LARGE DISPOSITIONS OF ASSETS AND CHANGES IN CORPORATE STATUS. FORM 990, PART VI, SECTION B, LINE 11 THE CEO, CFO, ACCOUNTING DIRECTOR AND EACH BOARD MEMBER WERE PROVIDED A COPY OF THE FORM 990 FOR THEIR REVIEW, COMMENT AND CORRECTION PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND MANAGEMENT RELY ON SELF-REPORTING OF CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST POLICY IS REVIEWED, DISCUSSED AND SIGNED BY EACH BOARD MEMBER AT LEAST ANNUALLY AT A MEETING OF THE BOARD AND AT A MEETING OF SENIOR MANAGEMENT, WHICH INCLUDES THE CEO, CFO, DIRECTOR OF HR AND HEALTH CENTERS ADMINISTRATOR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE HAS BEEN EMPOWERED BY THE BOARD OF DIRECTORS TO REVIEW THE CEO'S PERFORMANCE, ESTABLISH THE CEO'S COMPENSATION AND COMPENSATION GUIDELINES FOR OTHER KEY EXECUTIVES. IN FY 2010 A COMPENSATION CONSULTANT WAS RETAINED TO ASSIST THE EXECUTIVE COMMITTEE IN SETTING COMPENSATION FOR THE FOUR HIGHEST COMPENSATED EMPLOYEES. ON AN ONGOING BASIS, THE EXECUTIVE COMMITTEE MONITORS TRENDS IN EXECUTIVE COMPENSATION FOR SIMILAR POSITIONS PRIOR TO APPROVING COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON EARLY EXTINGUISHMENT OF DEBT -144,445. FORM 990, PAGE 12, PART XII, LINE 2C - AUDIT COMMITTEE THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MONTEREAU RESTAURANT SERVICES LLC 6800 S GRANITE STREET TULSA OK 74136 161673293 PURCHASE OF ALCOHOLIC BEVERAGES OK 0 0 MONTEREAU INC