2014-11-17T01:53:25-00:00 2013-12-31 990 2013-01-01 521404857 AIR FORCE RETIRED OFFICERS COMMUNITY - WASHINGTON DC AIRF 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 Hardy M Lister CFO 7034045145 2014-11-15 false 2013 2015-11-30 17:44:51Z FALCONS LANDING BARBARA BRANNON 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 32516676 false X WWW.FALCONSLANDING.ORG X 1984 VA FALCONS LANDING PROVIDES HOUSING AND SERVICES VIA A CONTINUING CARE RETIREMENT COMMUNITY TO RETIRED AND HONORABLY DISCHARGED MILITARY OFFICERS AND SENIOR RETIRED FEDERAL EMPLOYEES, THEIR SPOUSES AND WIDOWED SPOUSES 11 11 403 0 424426 883164 27609335 28103404 285911 1079329 0 28319672 30065897 36310 36908 0 12838708 13852975 0 0 13356843 13334722 26231861 27224605 2087811 2841292 74585830 79174280 95270614 95059065 -20684784 -15884785 X MISSION IS TO OPERATE A FIRST-CLASS, NOT-FOR-PROFIT, CONTINUING CARE RETIREMENT COMMUNITY FOR THE BENEFIT OF RETIRED AND HONORABLY DISCHARGED MILITARY OFFICERS AND SENIOR RETIRED FEDERAL EMPLOYEES, THEIR SPOUSES AND WIDOWED SPOUSES. WE SHALL PROVIDE FACILITIES AND SERVICES THAT SUPPORT AND ENHANCE THE HEALTH, SECURITY, HAPPINESS AND WELL BEING OF OUR RESIDENTS false false 13329877 19267605 PROVIDE HOUSING, FOOD AND OTHER SERVICES TO 407 INDEPENDENT LIVING RESIDENTS OF A RETIREMENT COMMUNITY. 11024877 18908 8529183 PROVIDE HOUSING, NURSING, FOOD AND OTHER SERVICES TO 112 HEALTH CENTER RESIDENTS OF A RETIREMENT COMMUNITY. 18000 18000 11,906 HOURS OF RESIDENT VOLUNTEER HOURS TO THE COMMUNITY VALUED AT 268,480, INCLUDING THE AARP TAX AIDE PROGRAM, MEALS ON WHEELS, SUPPORT TO PUBLIC SCHOOL PROGRAMS SUCH AS HEAD START, HANDMADE TEDDY BEARS FOR THE FIRE RESCUE AND LOUDOUN HOSPITAL, SPECIAL OLYMPICS AND MANY OTHER PROGRAMS. 82, 776 IN RESIDENT DONATIONS TO THE LOCAL FIRE RESCUE SQUAD. 24,800 OF DONATIONS BY THE RESIDENT CHAPEL COMMITTEE TO VARIOUS LOCAL CHARITIES. PROVIDED BALLROOM AND MEETING ROOM SPACE TO OUTSIDE NOT-FOR-PROFIT ORGANIZATIONS AND FOR OTHER COMMUNITY ACTIVITIES. AWARDED 18,000 IN SCHOLARSHIPS TO LOUDOUN COUNTY HIGH SCHOOL SENIORS. 24372754 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false true 41 0 true 403 true false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true false false true false false VA X HARDY LISTER 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 WILLIAM TIMME CHAIRMAN 005.00 X X 0 0 0 STEPHEN PLUMMER VICE CHAIRMAN 005.00 X X 0 0 0 PAT DUNNE SECRETARY 005.00 X X 0 0 0 JAMES MANKER TREASURER 005.00 X X 0 0 0 HARLAN WILDER DIRECTOR 005.00 X 0 0 0 MARIE OWENS DIRECTOR 005.00 X 0 0 0 THOMAS STEELE DIRECTOR 005.00 X 0 0 0 MIKE ROSSI DIRECTOR 005.00 X 0 0 0 ED RODRIGUEZ DIRECTOR 005.00 X 0 0 0 KATHIE CLOSE DIRECTOR 005.00 X 0 0 0 BRYAN GAMBLE DIRECTOR 005.00 X 0 0 0 BARBARA BRANNON PRESIDENT/CEO 040.00 X 223126 0 32726 HARDY LISTER CFO 040.00 X 186000 0 9937 ELIZABETH HAMILTON HEALTH CENTER ADMINISTRATOR 040.00 X 114593 0 11146 FRED SIMPSON HUMAN RESOURCES DIRECTOR 040.00 X 117119 0 4050 PETER PLANTE PLANT OPERATIONS DIRECTOR 040.00 X 118952 0 4069 LLENA PEREZ DIRECTOR OF NURSING 040.00 X 108197 0 7878 ANN MECHERIKUNNEL MEDICAL DIRECTOR 020.00 X 134315 0 0 1002302 69806 7 false true false BEST CHOICE CONSTRUCTION INC 7404 KALLENBURG COURT MANASSAS VA 20111 CONSTRUCTION 904680 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 889700 THE WHITING-TURNER CONSTRUCTION COMPANY PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 479644 QUALITY CARPET ONE INC 10232 HARRY J PARRISH BLVD MANASSAS VA 20110 FLOOR INSTALLATION 317363 SIMPLEXGRINNEL LP DEPT CH 10320 PALATINE IL 60055 FIRE SYSTEM INSTALLATION 288206 15 883164 883164 EARNED ENTRANCE FEES 623990 5002645 5002645 MONTHLY MAINTENANCE FEES 623990 14264960 14264960 HEALTHCARE SERVICE FEES 623990 8529183 8529183 OTHER PRGRAM SERVICE REVENUE 519100 306616 306616 28103404 530108 530108 3000000 2450779 549221 549221 549221 30065897 27796788 1385945 0 36908 36908 0 0 451789 451789 0 11035076 10042387 992689 298212 278900 19312 1218630 1149891 68739 849268 755363 93905 0 16961 16961 45412 45412 0 0 51431 15636 35795 118247 1396 116851 104994 36218 68776 397178 28425 368753 0 985882 985882 10574 3348 7226 0 32546 21246 11300 2601936 2601936 0 4043809 4043809 393136 393136 Food 1355938 1355938 Maintenance 800731 796834 3897 Medicare 1126465 1126465 Supplies and Equipment 898306 870270 28036 351176 221902 129274 27224605 24372754 2851851 0 149483 357500 5342608 8509544 637965 734420 972031 951685 110937755 57333563 52375436 53604192 14756810 14624342 351497 392597 74585830 79174280 21999480 23355728 29753124 30011291 42796010 40993046 722000 699000 95270614 95059065 X -21188570 -16903003 503786 1018218 -20684784 -15884785 74585830 79174280 2841292 1958707 X X false true X true false X 0 0.00000 275261 324591 442961 424426 883164 2350403 24559255 26087379 26373623 27249873 27796788 132066918 24834516 26411970 26816584 27674299 28679952 134417321 134417321 240168 310035 266436 295971 530108 1642718 0 240168 310035 266436 295971 530108 1642718 0 331844 309722 338279 359462 306616 1645923 25406528 27031727 27421299 28329732 29516676 137705962 0.97610 0.97590 0.01190 0.01180 X Part III Line 12 OTHER INCOME - FROM THE BEAUTY SALON, GUEST MEALS, GUEST ROOMS, EMPLOYEE MEALS, ETC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 6963112 6963112 78421790 44350691 34071099 4860264 3122250 1738014 20692589 9860622 10831967 53604192 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Priority Deposits 699000 699000 X 32024604 1958707 1958707 30065897 30065897 27224605 27224605 27224605 X 2 IN ACCORDANCE WITH FASB ACCOUNTING STANDARDS CODIFICATION ASC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AFROC RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. BASED ON ITS EVALUATION, AFROC HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. THE TAX YEARS DECEMBER 31, 2010 THROUGH DECEMBER 31, 2013 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH AFROC IS SUBJECT. true FINANCIAL ASSISTANCE 1 18908 HIGH SCHOOL SCHOLARSHIPS 12 18000 Part I Line 2A A POLICY HAS BEEN DEVELOPED FOR THE USE OF BENEVOLENT FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS. THE CFO RECEIVES, REVIEWS AND VERIFIES REQUESTS FOR FINANCIAL ASSISTANCE. THE REQUESTS ARE THEN FORWARDED TO THE BENEVOLENT COMMITTEE AND THEN TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. X X false false false false false false false false false BARBARA BRANNON PRESIDENT/CEO 223126 29349 3377 255852 HARDY LISTER CFO 186000 6560 3377 195937 A INDUSTRIAL DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY 521310230 54589PCA6 2004-08-01 56900000 PROVIDE FUNDS TO REFUND MARCH 1, 1998 BONDS false true false A 15580015 56675015 56675015 1996 true false true true A true false false false false false A false Part I BOND ISSUES A ISSUER NAME INDUSTRIAL DEVELOPMENT AUTHORITY OF LOUDOUN COUNTY F DESCRIPTION OF PURPOSE PROVIDE FUND TO REFUND MARCH 1, 1998 BONDS Form 990, Part III, Line 1 RESIDENTS Form 990, Part VI, Section B, Line 11B FORM 990 IS PREPARED BY THE CFO, THEN REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND AUDITOR AND PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. Form 990, Part VI, Section B, Line 12C THE WRITTEN CONFLICT OF INTEREST POLICY REQUIRES A MANDATORY WRITTEN RESPONSE FROM ALL AFFECTED PARTIES DISCLOSING WHETHER THEY HAVE ANY OUTSIDE INTERESTS THAT WOULD JEPORDIZE THEIR RESPONSIBILITIES AT FALCONS LANDING. Form 990, Part VI, Section B, Line 15A THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT/CEO INVOLVES A REVIEW OF COMPARABLE SALARIES IN THE INDUSTRY AND REQUIRES APPROVAL BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY CONTACTING THE FALCONS LANDING BUSINESS OFFICE. Form 990, Part XII, Line 2C AUDIT COMMITTEE THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES THE SELECTION OF AUDITORS AND THE AUDIT FINDINGS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. Form 990, Part VI, Section A, Line 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS HAS AUTHORITY TO ACT ON THE BOARDS BEHALF AND REPORTS ITS ACTIONS TO THE FULL BOARD AT THE NEXT BOARD MEETING