2014-05-08T12:51:12-07:00 2013-09-30 King Shores & Preston CPAs 2707 Brambleton Ave SW Roanoke VA 24015 990 2012-10-01 020601375 Fort Norfolk Retirement Community Inc DBA Harbors Edge FORT 7572330475 One Colley Avenue Norfolk VA 23510 George C Crawley 2014-05-08 true CJ King P01353771 5407760771 2012 2015-11-30 17:44:51Z George C Crawley 1466 Holly Point Road Norfolk VA 23509 21660552 false false X www.harborsedgenorfolk.com X 2002 VA Our mission is to provide an active, involved, independent lifestyle for our residents in an atmosphere of comfort, security and exceptional service. 12 12 256 8 0 0 16380594 18096308 370086 369323 1246300 1341896 17996980 19807527 6000 6000 0 6013589 6430936 0 0 13444215 13555053 19463804 19991989 -1466824 -184462 106564416 103360613 132015413 129104323 -25450997 -25743710 Our mission is to provide an active, involved, independent lifestyle for our residents in an atmosphere of comfort, security and exceptional service. false false 18303870 6000 18096308 Continued operation and development of a high-quality continuing care retirement facility which provides an active and engaged lifestyle for residents in each of our care levels, i.e. independent living, assisted living, memory support and skilled nursing. Due to the continued high quality of care and services provided, occupancy of our independent living community is approximately 93% in September 2013. As a consequence, Harbor's Edge has enhanced the fulfillment of its mission and charitable purpose. 18303870 true false false false false false false false false false true false false false true false false true false false false false false false false false false true false false true true false true false false false false false false true false false false false false true false false false false true 50 0 false 256 true false false false false false false false false 0 false false false false false false false false false false X 12 12 false true false false false false false true true false false false true true true true true true true false X X Cathy L'Heureux 7572330475 One Colley Avenue Norfolk VA 23510 X H Edward Davidson 1.00 0.00 X 0 0 0 Beth M Duke 1.00 0.00 X 0 0 0 Thomas J Knox 1.00 0.00 X 0 0 0 Judy Swyvsten 1.00 0.00 X 0 0 0 Edward B Snyder 1.00 0.00 X 0 0 0 George C Crawley 3.00 0.00 X X 0 0 0 Dionysios Anninos 1.00 0.00 X X 0 0 0 Kenneth Scott 1.00 0.00 X X 0 0 0 Arthur Diamonstein 1.00 0.00 X 0 0 0 G Conoly Phillips 1.00 0.00 X X 0 0 0 Jack Kavanaugh 1.00 0.00 X 0 0 0 William R Van Buren III 1.00 0.00 X 0 0 0 0 false false false Volder Consulting Inc 150 W Main Street Norfolk VA 23510 See Schedule O 563987 Kaufman & Canoles P O Box 3037 Norfolk VA 23514 Legal 213807 HR Business Solutions 1895-A Billingsgate Circle Henrico VA 23238 Business Consulting 165162 G4S Secure Solutions PO Box 277469 Atlanta GA 30354 Security Services 270118 Functional Pathways of Tennessee LLC 614 Mabry Hood Road Knoxville TN 37932 Physical Therapy 567254 5 0 Resident Services 623000 12607137 12607137 Nursing & Therapy Svcs 623000 2665051 2665051 Entrance Fees 623000 2824120 2824120 18096308 353791 353791 0 0 90725 90725 90725 90725 1866432 2125 1850993 2032 15439 93 15532 15532 0 0 0 Insurance Settlement 623000 1251171 1251171 1251171 19807527 18096308 1711219 6000 6000 0 0 0 0 0 5430006 4886800 543206 36013 32410 3603 480235 432193 48042 484682 436196 48486 536859 483153 53706 0 69010 69010 10000 10000 0 46716 46716 0 226182 226182 230306 207267 23039 92939 83642 9297 0 4505476 4259023 246453 0 0 0 0 0 3090416 2908033 182383 311183 280053 31130 Consultants 222566 200301 22265 Contract Services 1171890 1054657 117233 Building Maintenance 1195687 1130282 65405 Supplies 1375366 1237777 137589 470457 439901 30556 19991989 18303870 1688119 0 4945175 3808533 10866855 9268083 0 581010 858258 0 0 0 18169 54183 242227 241723 96482323 17684453 81164588 78797870 6538849 8489073 0 0 2102207 1803083 105336 39807 106564416 103360613 1859296 1829080 78419734 76510436 50385197 49312340 1351186 1452467 132015413 129104323 X -25450997 -25743710 -25450997 -25743710 106564416 103360613 -184462 -108251 X false true X true false X 0 13747653 16319569 16576681 16380594 18086708 81111205 0 0 0 13747653 16319569 16576681 16380594 18086708 81111205 0 0 81111205 229072 137173 312716 328160 353791 1360912 0 229072 137173 312716 328160 353791 1360912 0 667020 47312 41925 1246300 1351495 3354052 14643745 16504054 16931322 17955054 19791994 85826169 0.94510 0.95340 0.01590 0.01790 X 91878110 15352031 76526079 3073513 1807387 1266126 1530700 525035 1005665 78797870 Resident Deposits 372212 Deferred Management Fees 1080255 1452467 false Harbors Edge Foundation Inc One Colley Avenue Norfolk VA 23510 262260106 501(c)(3) 6000 0 To assist in fundraising efforts 1 0 B Norfolk Redevelopment & H 546001466 2010-05-26 20000000 See Part VII false true false A Norfolk Redevelopment & Housing Authority 546001466 655909BM0 2004-11-04 52600715 See Part VII false true false B 1389821 20000000 true false true true A 22355000 52600715 8728292 1044165 500255 12184680 33744265 2006 false false true true B false true false false 0.01000 0.01000 false false false A false true false false 0.01000 0.01000 false false false B false false false false false A false true false true Robobank 10.0000 true true false B false A false Supplemental Information Part VI Part I, line A, column (c):Additional CUSIP numbers are as follows: 655909BN8, 655909BK4, and 655909BL2.Part I, line A, column (f):The bonds were issued for the purpose of providing funds to: 1) acquire, construct and equip a continuing care retirement community; 2) fund interest on the bonds and pay letter of credit and remarketing fees; 3) fund a Debt Service Reserve Fund; 4) fund an Operating Reserve Fund; 5) pay pre-opening and initial operating expenses; 6) pay development, marketing and other project costs; and 7) pay certain costs incurred in connection with the issuance of the bonds.Part I, line C, column (f):The bonds were issued to refund a portion of the 2004 bond issue.Part III, line 9: Written procedures to address this are currently under development.Part IV, column A, line 2c:The rebate computation was performed February 22, 2013 for the bond year ending January 1, 2013.Part IV, line 7: Written procedures to address this are currently under development.Part V: Written procedures to address this are currently under development. Kaufman & Canoles PC See Part V 213807 See Part V false Part IV, Line (1)(b) and (1)(d):Kaufman & Canoles P.C. provides legal services to Fort Norfolk Retirement Community. William R. Van Buren III, who is a member of the Board of Directors of Fort Norfolk Retirement Community, is also a director and officer of Kaufman & Canoles P.C. Form 990, Part VII, Section B, Line 2 The details of the Organization's payments to Volder Consulting, Inc. are as follows:Management Fees $ 148,9242004 Deferred Development Fees 272,408Executive Director Compensation 124,679Expense Reimbursements 17,976Total $ 563,987 Form 990, Part VII, Section A, Line 1a The titles of the individual Board members as listed in Part VII, Section A, are as of September 30, 2013. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Organization makes its Form 990 available through Guidestar at www.guidestar.org and The Electronic Municipal Market Access ("EMMA") website for continuing disclosure at www.emma.msrb.org. Financial statement information is provided via EMMA and the Organization makes its governing documents, conflict of interest policy and audited financial statements available upon request. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees Compensation for the Executive Director and senior management positions is reviewed periodically by a third party consultant. Information from Form 990 for similar organizations as well as data from third party surveys are utilized to determine the adequacy and appropriateness of compensation. The results of this analysis are provided to the Board of Directors at an interval of no longer than every three years. The Board then approves compensation ranges based upon the benchmark information provided. Form 990, Part VI, Line 15a Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation for the Executive Director and senior management positions is reviewed periodically by a third party consultant. Information from Form 990 for similar organizations as well as surveys are utilized to determine the adequacy and appropriateness of compensation. The results of this analysis are provided to the Board of Directors at an interval of no longer than every three years. The Board then approves compensation ranges based upon the benchmark data provided. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Employees and Board members are covered by the Organization's conflict of interest policy. For employees, this policy is outlined in the employee handbook which is presented and discussed in new employee orientation. Each employee signs a statement acknowledging that he or she has received all policies and understands them. With regard to Board members, there is a Code of Conduct and Conflict of Interest Policy that is reviewed annually by the Board. Acknowledgement of the receipt of this policy, noting any potential conflicts, is signed by every Board member. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b: Form 990 Review Process The completed Form 990 is reviewed by the Finance Committee of the Board of Directors prior to submission. Form 990, Part VI, Line 3 Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Volder Consulting, Inc. of Norfolk, Virginia is engaged to provide the day-to-day management of the community. Harbors Edge Foundation One Colley Avenue Norfolk VA 23510 262260106 To Enhance the Lives of Seniors Residing in Hampton Roads VA 501(c)(3) 11a Fort Norfolk Retirement Community Inc false false true false false false false false false false false false false false false false false false false false Harbors Edge Foundation b 6000 Cash