2013-02-13T13:14:04-06:00 2012-06-30 381357951 PLANTE & MORAN PLLC PO BOX 307 SOUTHFIELD MI 480370307 990 2011-07-01 520801828 AIR FORCE VILLAGE FOUNDATION INC AIRF 2108386330 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 BRIAN ENGLUND 2108386330 2013-02-08 1 SUSAN MIENCIER CPA P00842339 2483522500 2011 2016-03-07 17:11:31Z LT GEN LOYD S UTTERBACK 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 11287005 0 X WWW.AFVILLAGES.ORG X 1964 DC AFV IS DEDICATED TO QUALITY RETIREMENT LIVING WITH EMPHASIS ON INDIVIDUAL WELL-BEING. 6 6 0 6 7318 6151 597448 1306522 7423626 8173189 -169432 1656 135723 1755965 7987365 11237332 174529 442930 0 0 3888627 3894062 0 0 0 7910412 14108496 11973568 18445488 -3986203 -7208156 154553949 248037549 170762665 271374198 -16208716 -23336649 THE AIR FORCE VILLAGES ARE DEDICATED TO QUALITY RETIREMENT LIVING WITH EMPHASIS ON INDIVIDUAL WELL-BEING. 0 0 14698715 442930 9921836 THE AIR FORCE VILLAGES ARE DEDICATED TO QUALITY RETIREMENT LIVING WITH EMPHASIS ON INDIVIDUAL WELL-BEING. 14698715 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 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 TX X BRIAN ENGLUND 2108386332 12455 FREEDOM WAY SAN ANTONIO TX 78250 X BRIG GEN DAVID YOUNG 2.00 X X 0 0 0 MRS JOANN RICHARDSON 2.00 X X 0 0 0 MRS CHARLOTTE AUTERY 2.00 X 0 0 0 MAJ GEN BRUCE SMITH 2.00 X 0 0 0 BRIG GEN PAT ADAMS 2.00 X 0 0 0 MRS CYNTHIA HORNBURG 2.00 X 0 0 0 MR BRUCE HOFF 2.00 X 0 0 0 ANDRE HAWKINS 2.00 X 0 149072 4022 BRIAN ENGLUND 2.00 X 0 49427 5403 LT GEN LOYD S UTTERBACK 2.00 X 0 184557 1114 COL FRED RYDER 2.00 X 0 93358 4026 0 476414 14565 0 0 1 0 0 1306522 1306522 INDEPENDENT LIVING 623000 5587787 5587787 ENTRANCE FEE AMORTIZE 623000 1601055 1601055 ASSISTED LIVING AND ME 623000 663333 663333 OTHER OPERATING INCOME 623000 321014 321014 8173189 7432 7432 1747276 0 1747276 1747276 1739958 7318 1849 7625 -5776 -5776 -5776 50737 42048 8689 8689 11237332 9921836 7318 1656 442930 442930 3354070 3018765 335305 313619 300877 12742 226373 201779 24594 257885 257885 27399 27399 243 243 3138037 884421 2253616 5280 5280 1745072 1681459 63613 28751 28751 6963 3315 3648 2457 2457 3929273 3131238 798035 268706 43342 225364 INTEREST FINANCING 4694426 4694426 BAD DEBT EXPENSE 4004 4004 18445488 14698715 3746773 0 875 450 73406885 163071658 182150 485358 28911 28836 91930 67417 113847559 31068401 79127449 82779158 1715749 1604672 154553949 248037549 2413651 806490 12670510 13070412 46047099 72717610 1126669 1072346 108504736 183707340 170762665 271374198 X -16208716 -23336649 -16208716 -23336649 154553949 248037549 X -7208156 80223 X X 0 1 1 X 0 X 279681 702951 597448 1306522 2886602 8400904 7778993 7261418 7590112 9963884 40995311 8680585 8481944 7261418 8187560 11270406 43881913 279681 702951 597448 1306521 2886601 0 279681 702951 597448 1306521 2886601 40995312 5502 23114 8482 7283 7432 51813 5502 23114 8482 7283 7432 51813 7903 7318 15221 8686087 8505058 7269900 8202746 11285156 43948947 0.93280 0.95690 0.00120 0.00120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4991990 73398 27075 5092463 4241978 71729 678283 4991990 3897186 52119 400013 107340 4241978 0.80000 0.20000 0 1 1 1095134 1095134 102890886 10982327 91908559 2739425 266542 2472883 6569850 19819532 -13249682 552264 552264 82779158 ACCOUNTS PAYABLE- AFFILIATES 183707340 183707340 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE MEMBER, AIR FORCE VILLAGE, INC. HOLDS THE ENDOWMENT FOR THE BENEFIT OF THIS ORGANIZATION. THE ORGANIZATION'S ENDOWMENT INCLUDES FUNDS ESTABLISHED FOR THE PURPOSE OF INDIGENT ASSISTANCE, NURSING RESEARCH, AND EDUCATIONAL SCHOLARSHIPS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS FOR THE TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2009. 1 WIDOWS ASSISTENCE PROGRAM 21 442930 CASH PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION REVIEWS THE ASSETS AND EXPENSES OF WIDOWS AND BASED ON THE LIMITS AND POLICIES OF THE ASSISTANCE, THEY DETERMINE WHO WOULD BE ELIGIBLE, OR CONTINUE TO BE ELIGIBLE FOR ASSISTANCE. THE POLICY IS REVIEWED ANNUALLY, WITH THE LAST REVIEW IN APRIL OF 2012. THE BANK STATEMENTS AND TAX DOCUMENTS OF THE POTENTIALLY QUALIFYING WIDOWS ARE REVIEWED FOR CONFIRMATION OF QUALIFICATION. IN THE EVENT THAT A WIDOW RECEIVES ASSISTANCE AND THEY DO NOT QUALIFY, THE WIDOW MUST PAY BACK THE ASSISTANCE RECEIVED. 0 0 0 0 0 0 0 0 0 ANDRE HAWKINS 0 146838 0 0 0 2234 0 790 0 3232 0 153094 0 0 LT GEN LOYD S UTTERBACK 0 184557 0 0 0 0 0 414 0 700 0 185671 0 0 SUPPLEMENTAL INFORMATION PART III SCHEDULE J, PART I, LINE 3: THE MEMBER, AIR FORCE VILLAGES, INC ANNUALLY REVIEWS COMPENSATION FOR THE EXECUTIVE STAFF OF THE RELATED ORGANIZATION INCLUDING THE CEO, CFO, AND COO. THE BOARD REVIEWS THE RESULTS OF TEH WAGE AND BENEFIT SURVEY, PREPARED BY A THIRD PARTY. THE CHAIRMAN OF THE BOARD APPROVES THE COMPENSATION AFTER THIS REVIEW AND THIS IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. THE SURVEY FOR THE TAX YEAR WAS COMPLETED IN APRIL OF 2012. TARRANT COUNTY CULTURAL ED FAC FIN CORP 043833551 87638RCS4 2009-11-15 47060350 CONSTRUCTION, RENOVATION AND REHAB 0 0 0 TARRANT COUNTY CULTURAL ED FAC FIN CORP 043833551 87638RBB2 2007-04-01 29344911 CONSTRUCTION, RENOVATION AND REHAB 0 0 0 47901118 3588746 2479906 700000 39755814 1580017 5530 2011 0 0 0 1 21134967 28817918 1920679 252396 5760842 -232793 1151 2009 1 0 0 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0.00000 0.00000 0.00000 0 1 0 0 0 0 0 1 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 AIR FORCE VILLAGES, INC. SHALL BE THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS AND OFFICERS SHALL BE ELECTED BY THE MEMBER, AIR FORCE VILLAGES, INC. FORM 990, PART VI, SECTION A, LINE 7B ALL ACTIONS OF THE BOARD OUTSIDE THE CONDUCT OF EVERYDAY BUSINESS OF THE ORGANIZATION ARE SUBJECT TO APPROVAL BY THE MEMBER, AIR FORCE VILLAGES, INC. ANY ACTION OF THE BOARD OUTSIDE THE CONDUCT OF EVERYDAY BUSINESS OF THE ORGANIZATION AND NOT RECEIVING THE APPROVAL OF THE MEMBER SHALL BE VOID. FORM 990, PART VI, SECTION B, LINE 11 REVIEW OF ALL FORMS 990 IS PERFORMED BY THE CHIEF FINANCIAL OFFICER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A DIRECTOR SHALL ABSTAIN FROM VOTING ON THE SELECTION, AWARD OR ADMINISTRATION OF A CONTRACT, ENCUMBRANCE OR POLICY FROM WHICH SUCH DIRECTOR, OR A GROUP OR ORGANIZATION SUCH DIRECTOR REPRESENTS, MAY BENEFIT. THE DIRECTOR MAY BE PRESENT AT THE MEETING TO ANSWER QUESTIONS ON SUCH MATTERS, PROVIDED THE DIRECTOR EXCUSES HIMSELF OR HERSELF FROM THE MEETING ROOM WHILE THE REMAINING DIRECTORS DISCUSS AND VOTE ON SUCH MATTERS AND SAID EXCUSAL IS NOTED IN THE MINUTES OF THE MEETING. THIS CONFLICT OF INTEREST POLICY COVERS THE BOARD OF DIRECTORS AND IS MONITORED BY THE CHAIRMAN OF THE BOARD. ADDITIONALLY, A CONFLICT OF INTEREST POLICY IS COMPLETED ANNUALLY BY ALL SENIOR STAFF AND EXECUTIVES. THIS SECOND COI POLICY IS MONITORED BY THE INTERNAL AUDITOR AND THE CFO/COMPLIANCE OFFICER. IF A CONFLICT IS IDENTIFIED, THE EMPLOYEE DISCLOSES THE RELATIONSHIP TO THE VENDOR, ETC. AND THE CFO REVIEWS ALL DISCLOSURES TO DETERMINE IF ACTION IS NECESSARY. THOUGH A SITUATION HAS NOT ARISEN WHERE A CONFLICT WAS BEING VOTED ON, THE POLICY WOULD BE FOR THAT INDIVIDUAL TO ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE MEMBER, AIR FORCE VILLAGES, INC ANNUALLY REVIEWS COMPENSATION FOR THE EXECUTIVE STAFF OF THE RELATED ORGANIZATION INCLUDING THE CEO, CFO AND COO. THE BOARD REVIEWS THE RESULTS OF THE WAGES AND BENEFIT SURVEY, PREPARED BY A THIRD PARTY. THE CHAIRMAN OF THE BOARD APPROVES THE COMPENSATION AFTER THIS REVIEW AND THIS IS DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. THE PROCESS WAS LAST COMPLETED IN MAY 2012. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII: SOME INDIVIDUALS ON PART VII DEVOTED TIME TO A RELATED ORGANIZATION FOR THE FISCAL YEAR ENDING JUNE 30, 2012 THOSE HOURS AND INDIVIDUALS ARE LISTED AS FOLLOWS: BRIAN ENGLUND- 38 HOURS GENERAL UTTERBACK- 38 HOURS ANDRE HAWKINS- 38 HOURS COLONEL FREDERICK RYDER- 38 HOURS BRIG GEN PATRICK ADAMS- 10 HOURS CYNTHIA HORNBURG- 4 HOURS JOANN RICHARDSON- 2 HOURS MAJ GEN BRUCE SMITH- 4 HOURS BRIG GEN DAVID YOUNG- 4 HOURS CHARLOTTE AUTERY- 2 HOURS BRUCE HOFF- 2 HOURS CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN VALUE OF SPLIT INTEREST 80,223. TOTAL TO FORM 990, PART XI, LINE 5: 80,223. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENT AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AIR FORCE VILLAGE II INC 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 742310549 SENIOR HOUSING AND SERVICES TX 501(C)(3) LINE 9 AIR FORCE VILLAGE INC 1 AIR FORCE VILLAGES CHARITABLE FOUNDATION 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 810620738 FUNDRAISING TX 501(C)(3) LINE 7 AIR FORCE VILLAGE INC 1 AFV HEALTH SERVICES CORP 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 861123806 SENIOR HOUSING AND SERVICES TX 501(C)(3) LINE 9 AIR FORCE VILLAGE INC 1 AIR FORCE VILLAGE INC 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 562493445 MANAGEMENT AND ADMINISTRATIVE SUPPORT TX 501(C)(3) LINE 11C, III-FI N/A 0 ALZHEIMER'S CARE & RESEARCH CENTER 5100 JOHN D RYAN BOULEVARD SAN ANTONIO TX 782453527 742680553 SENIOR HOUSING AND SERVICES TX 501(C)(3) LINE 9 AIR FORCE VILLAGE INC 1 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 AIR FORCE VILLAGES INC C 1306522 CASH AIR FORCE VILLAGE HEALTH SERVICES CORP I 1739958 CASH AIR FORCE VILLAGES INC O 672766 CASH AIR FORCE VILLAGE HEALTH SERVICES CORP L 1210437 CASH ALZHEIMER'S CARE AND RESEARCH CENTER L 277388 CASH