2014-11-14T10:37:42-06:00 2013-12-31 560747981 DIXON HUGHES GOODMAN LLP 500 RIDGEFIELD COURT ASHEVILLE NC 28806 990PF 2013-01-01 311644805 SAMARITAN HOUSING FOUNDATION INC SAMA 8662611814 17001 SEARSTONE DRIVE CARY NC 27513 SIGNING OFFICER PRESIDENT 8662611814 2014-11-14 1 AMY BIBBY P00445891 8282542254 2013 2015-12-30 17:16:21Z X X 177088122 X 2950 X 13013 13013 13013 0 0 4603 4603 4603 384418 0 384418 404984 13013 402034 120000 0 0 120000 477390 0 402034 75356 53766 0 0 53766 6927 0 0 6927 2143 0 0 2143 114000 0 0 114000 867621 0 0 867621 44059 0 0 44059 379389 0 0 71799 0 0 71799 1397 0 0 1397 390811 0 0 390811 2529302 0 402034 1747879 22168 22168 2551470 0 402034 1770047 -2146486 13013 0 465473 4684332 4684332 2918 2918 1797940 1797940 1797940 65688 65688 105398463 379389 51015245 105019074 105019074 91951733 65518170 65518170 143432451 177088122 177088122 6156761 5035293 4415051 137322278 195170673 143479039 204621017 X -46588 -27532895 -46588 -27532895 143432451 177088122 -46588 -2146486 0 -2193074 25339821 -27532895 0 46588 0 0.000000 0.000000 0.000000 21410828 0 130 130 1770047 X 130 0 130 0 130 0 130 0 0 0 0 0 0 0 0 0 0 0 1 GA NC 1 0 0 0 0 1 WWW.SEARSTONE.ORG WILLIAM MIZELLE 9192340408 17001 SEARSTONE DR CARY NC 27513 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STAN BRADING 1201 WEST PEACHTREE STREE ATLANTA GA 30309 PRESIDENT 7.50 120000 13414 0 REV LUTHER BREWER 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 MACK LEATH JR 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 REV JOHN NAGLE 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 THOMAS BEEBE 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 JAMES PIERCE CPA 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 CHUCK NORMAN 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 CHARLES H HENDERSON 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 LINDA D COLEMAN 1201 WEST PEACHTREE STREE ATLANTA GA 30309 DIRECTOR 2.00 0 0 0 NONE 0 GREENBRIER DEVELOPMENT 3232 MCKINNEY AVE STE 1160 DALLAS TX 75204 DEVELOPMENT MANAGER 1062999 SEARS FARM LLC 1142 EXECUTIVE CIR STE D CARY NC 27511 ARCHITECT 255210 SEARSTONE-RLA 2304 WESVILL COURT STE 310 RALEIGH NC 27607 MANAGEMENT 200776 0 SAMARITAN HOUSING FOUNDATION, INC. D/B/A SEARSTONE RETIREMENT COMMUNITY (A DEVELOPMENT STAGE NOT-FOR-PROFIT ORGANIZATION) (THE "ORGANIZATION") IS A NOT-FOR-PROFIT CORPORATION THAT WAS FORMED TO ACQUIRE REAL PROPERTY AND TO DEVELOP, MARKET AND OPERATE THE PROPERTY AS A CONTINUING CARE RETIREMENT COMMUNITY IN CARY, NORTH CAROLINA, KNOWN AS SEARSTONE RETIREMENT COMMUNITY (THE PROJECT). THE PROJECT CONSISTS OF 131 APARTMENTS, 38 ESTATE HOMES, 8 ASSISTED LIVING UNITS AND A NURSING FACILITY TO INCLUDE 16 SKILLED NURSING BEDS. THE PROJECT WILL ALSO FEATURE COMMON AREAS AS WELL AS A CLUBHOUSE, A SPA/WELLNESS CENTER WITH AN INDOOR POOL, A LIBRARY/BUSINESS CENTER, AN ARTS AND CRAFTS STUDIO, LIVING AREAS, A CLUB ROOM AND OTHER SPACES AS APPROPRIATE. THE FIRST UNITS ARE EXPECTED TO BE AVAILABLE FOR OCCUPANCY IN NOVEMBER 2013. 2551470 0 65325580 2576362 0 67901942 0 46165061 21736881 326053 21410828 1070541 X 1770047 0 1770047 130 1769917 X 0 0 1770047 46588 0 0 1816635 0 0 0 0 0 1770047 46588 0 0 1816635 713694 0 0 0 713694 X LUTHERAN SERVICES CAROLINAS PO BOX 947 SALISBURY NC 281450947 NONE 501(C)(3) OPERATIONAL SUPPORT 21168 SEARSTONE ENDOWMENT FUND 17001 SEARSTONE DRIVE CARY NC 27513 NONE 501(C)(3) OPERATIONAL SUPPORT 1000 22168 0 PATIENT SERVICE REVENUE 343551 AMORTIZATION OF ADVANCE FEES 26315 14 13013 18 4603 MISCELLANEOUS INCOME 01 14552 0 32168 369866 402034 1 THE PROGRAM SERVICES REVENUES ARE THE PRIMARY MEANS BY WHICH THE ORGANIZATION ACCOMPLISHED ITS MISSION BY OPERATING THE CONTINUING CARE RETIREMENT COMMUNITY. 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 2143 0 0 2143 LEGAL FEES 6927 0 0 6927 OTHER RECEIVABLES 291129 555364 555364 DEFERRED MARKETING COSTS 9454377 10037081 10037081 DEFERRED FINANCING COSTS 3228326 3228326 3228326 ASSETS LIMITED AS TO USE 78977901 51673258 51673258 INTERCOMPANY RECEIVABLES 24141 24141 CHANGE IN FUTURE SERVICE OBLIGATION 25339821 ADVERTISING 48829 0 0 48829 OFFICE EXPENSE 192834 0 0 192834 INFOMATION TECHNOLOGY 19795 0 0 19795 CONFERENCES EXPENSE 1435 0 0 1435 INSURANCE 20944 0 0 20944 RESIDENT EXPENSE 69413 0 0 69413 MISCELLANEOUS 37561 0 0 37561 PATIENT SERVICE REVENUE 343551 343551 AMORTIZATION OF ADVANCE FEES 26315 26315 MISCELLANEOUS INCOME 14552 14552 RESIDENT DEPOSITS 6661333 4400687 DUE TO RELATED PARTY 778754 778754 BONDS PAYABLE 117400516 117514691 SUBORDINATE OBLIGATIONS 10481675 10040075 LIQUIDITY SUPPORT DEPOSITS 2000000 2026440 REFUNDABLE ADVANCE FEES 0 35070205 FUTURE SERVICE OBLIGATION 0 25339821 CONTRACT SERVICES 114000 0 0 114000 PAYROLL TAXES 44059 0 0 44059