2013-11-08T08:13:36-06:00 2012-12-31 420714325 MCGLADREY LLP 400 LOCUST ST STE 640 DES MOINES IA 503092354 990 2012-01-01 760262402 CARE INITIATIVES INC CARE 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 STEPHEN V MARLOW 5152244442 2013-10-02 1 KATHY FAIRCHILD P00222608 5155586600 2012 2016-02-24 21:20:13Z MILES KING 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 163881905 0 X CAREINITIATIVES.ORG X 1989 TX CHARITABLE NON-PROFIT: 44 NURSING HOMES, 8 ASSISTED LIVING FACILITIES, 4 INDEPENDENT LIVING FACILITIES, 6 HOSPICE LOCATIONS. 8 7 4411 1537 0 0 62754 59806 156577592 163208997 438589 585709 14114 25201 157093049 163879713 219591 242079 0 0 87810032 90993521 0 0 0 64906393 65976198 152936016 157211798 4157033 6667915 183962804 192542392 140611639 142593312 43351165 49949080 X TO PROVIDE FOR THE HEALTH AND CONVALESCENT CARE NEEDS OF THE ELDERLY IN LOCAL COMMUNITIES THROUGH PLEASANT, SECURE AND HOMELIKE HEALTH CARE FACILITIES STAFFED BY PROFESSIONALLY TRAINED AND CARING PERSONNEL. TO SUPPORT CHARITABLE AND BENEVOLENT CAUSES, WHICH IMPROVE THE QUALITY OF LIFE OF THE ELDERLY IN THE COMMUNITIIES IN WHICH OUR FACILITIES ARE LOCATED. 0 0 144879366 163101450 DURING 2012, CARE PROVIDED SERVICES TO 2,500 RESIDENTS IN 44 IOWA NURSING HOMES, 8 ASSISTED LIVING FACILITIES AND 4 INDEPENDENT LIVING FACILITIES. CARE PROVIDED THESE RESIDENTS, WHICH ARE COMPRISED OF ELDERLY, INFIRMED AND FINANCIALLY LIMITED INDIVIDUALS, WITH A COMFORTABLE, CLEAN, HOME LIKE ATMOSPHERE. CARE PROVIDES HIGH QUALITY HEALTH CARE, FREE OF AS MANY RESTRAINTS AND PSYCHOTROPIC MEDICATIONS AS IS PRUDENT FOR THEIR SAFETY AND THE SAFETY OF OTHER RESIDENTS, AT THE LOWEST POSSIBLE COST. SERVICES PROVIDED INCLUDE ROOM AND BOARD, PROVISION FOR DIETARY REQUIREMENTS, ASSISTANCE WITH PERSONAL HYGIENE WHERE NEEDED, AND PHYSICAL AND SOCIAL ACTIVITIES TO MAINTAIN THE HIGHEST PHYSICAL AND MENTAL QUALITY OF LIFE ATTAINABLE. ADDITIONAL SERVICES INCLUDE OCCUPATIONAL, SPEECH AND PHYSICAL THERAPY, OUTPATIENT THERAPY SERVICES, SKILLED NURSING CARE IN ALL CARE CENTERS, INDEPENDENT LIVING APARTMENTS AT SEVERAL LOCATIONS AND ASSISTED LIVING IN EIGHT LOCATIONS. IN ADDITION, CARE HAS INITIATED A PROGRAM OF REHAB TO HOME CARE TO HASTEN A RESIDENT'S OPPORTUNITY TO RETURN TO THEIR HOMES. IN ADDITION, CARE PROVIDES LIMITED OUTPATIENT THERAPY SERVICES IN THE COMMUNITIES IT SERVES.DURING 2012, CARE ALSO PROVIDED HOSPICE SERVICES TO A DAILY AVERAGE OF 186 PATIENTS THROUGH SIX HOSPICE LOCATIONS. CARE PROVIDES COMPASSIONATE HEALTH CARE AND PALLIATIVE SUPPORT FOR PEOPLE FACING LIFE-LIMITING ILLNESSES OR CONDITIONS. SOME OF THE SERVICES PROVIDED INCLUDE NURSING CARE, PHYSICIAN CARE, HOME HEALTH AIDE, PHYSICAL AND SPEECH THERAPY, MASSAGE THERAPY, MUSIC THERAPY, SPIRITUAL SUPPORT, AND BEREAVEMENT SUPPORT.CARE IS THE LARGEST NURSING HOME SERVICE PROVIDER FOR MEDICAID RESIDENTS IN IOWA. IN 2012, 1,228 RESIDENTS PARTICIPATED IN THE MEDICAID PROGRAM. CARE'S COST FOR THESE RESIDENTS EXCEEDED REVENUE BY $12,371,000. THOSE RESIDENTS WHO PAY PRIVATELY AND BECOME UNABLE TO PAY FULL PRIVATE RATES, BUT DID NOT QUALIFY FOR GOVERNMENT ASSISTANCE, WERE NOT DISCHARGED IN FOLLOWING CARE'S PRACTICE OF NOT DENYING CARE TO FINANCIALLY LIMITED INDIVIDUALS. CARE HAS AN OPEN ADMISSION POLICY, 24 HOURS PER DAY AND 7 DAYS PER WEEK, WITHOUT MEDICAL OR FINANCIAL SCREENING. NO RESIDENT OF CARE IS DENIED A MEDICATION, NURSING SUPPLY OR THERAPY, REGARDLESS OF THEIR ABILITY TO PAY. CARE HAS A HISTORY OF MODERNIZATION AND REPLACEMENT OF NURSING FACILITIES. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $92 MILLION TO MODERNIZE ITS CENTERS. IMPROVEMENTS INCLUDE AIR CONDITIONING, FIRE SPRINKLERS, REPLACEMENT OF HVAC AND ELECTRICAL SYSTEMS, AND PAVED PARKING LOTS. EVERY CARE CENTER THAT HAS NOT YET BEEN REPLACED WITH A NEW REPLACEMENT BUILDING HAS HAD EXTENSIVE RENOVATIONS. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $82 MILLION IN TWELVE NEW REPLACEMENT CENTER BUILDINGS THROUGHOUT IOWA.CARE PROMOTES ECONOMIC DEVELOPMENT IN THE COMMUNITIES IT SERVES BY ADDRESSING HOUSING, EMPLOYMENT, EDUCATIONAL OR ENVIRONMENTAL NEEDS AND CONCERNS. IN 2012, CARE CONTRIBUTED TO ITS COMMUNITIES BY PAYING PROPERTY TAX OF $2.85 MILLION. IN MANY OF ITS COMMUNITIES, CARE IS THE LARGEST EMPLOYER AND THEIR FAMILIES FORM THE LARGEST STUDENT POPULATION BASE FOR THE LOCAL SCHOOL DISTRICT.CARE FACILITIES WERE A GATHERING PLACE FOR COMMUNITY VOLUNTEERS WHO PROVIDED 79,916 HOURS TO HELP THE ELDERLY. USING THE INDEPENDENT SECTOR'S ESTIMATED DOLLAR VALUE OF VOLUNTEER TIME, THE ESTIMATED VALUE OF VOLUNTEER TIME TOTALED APPROXIMATELY $1,769,000. CARE'S CONTINUUM OF CARE EXTENDED INTO THE COMMUNITIES IT SERVES BY PROVIDING REDUCED OR NO-FEE SERVICES SUCH AS MEALS-ON-WHEELS, MEALS FOR COUNTY JAILS, EDUCATIONAL SERVICES AND PUBLIC AWARENESS PROGRAMS. 242079 242079 CARE IS AN IOWA LEADER IN DIRECT CONTRIBUTIONS TO THE COMMUNITY. IN 2012, $241,203 IN CHARITABLE CONTRIBUTIONS WERE MADE TO SUPPORT CHARITABLE ORGANIZATIONS THAT FURTHER CARE'S EXEMPT MISSION. OF THIS OVER $168,000 WAS CONTRIBUTED TO THE ALZHEIMER'S ASSOCIATION(THE "ASSOCIATION"). CARE IS THE STATEWIDE SPONSOR FOR THE ASSOCIATION'S WALK TO END ALZHEIMER'S. 145121445 1 0 0 1 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1108 0 1 4411 1 0 1 TK 0 0 0 0 0 0 0 0 X 8 7 1 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X X STEPHEN V MARLOW 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 X KENT KAPLAN 6.00 X X 48213 0 0 RON NORTHUP 7.00 X 48212 0 0 HULON WALKER 7.00 X X 48212 0 0 STEPHANIE EDWARDS 8.00 X 48213 0 0 RON HARMOND 11.00 X 48212 0 0 ROBERT CONLON 12.00 X 69749 0 472 MILES KING 40.00 X X 673065 0 23388 JOHN K SMITH 4.00 X 48212 0 0 STEPHEN MARLOW 40.00 X 320984 0 21101 CHARLEEN SCHLEPP 40.00 X 376220 0 15302 ROBERT HAYDEN 40.00 X 289448 0 21713 WILLIAM HAVEKOST 40.00 X 293384 0 26927 PEARL BAUDER 40.00 X 222076 0 15132 JERAMY KUHN 40.00 X 216597 0 14739 DAVID DIXON 40.00 X 178557 0 11042 STEVE SPURLOCK 40.00 X 157575 0 9461 MIKE MCDANIEL 3.00 X 201549 0 2136 3288478 0 161413 33 1 1 0 ONR NATIONAL INC 1101 S CAPITAL OF TEXAS HWY BLDG G AUSTIN TX 78746 PHYS, OCC, SP THERAPY 8385647 AUSTIN BUILDERS LLC 3811 NE RIO CT PO BOX 484 ANKENY IA 50021 CONSTRUCTION SERVICES 1233409 DAVIS BROWN LAW FIRM 215 10TH ST SUITE 1300 DES MOINES IA 50309 ATTORNEY 378730 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 72902 PHYS, OCC, SP THERAPY 273805 BALL TEAM LLC 10550 NEW YORK AVE SUITE 100 URBANDALE IA 50322 CONSTRUCTION SERVICES 224793 15 59806 578 59806 NURSING HOME SERVICES 623000 152244366 152244366 HOSPICE SERVICES 623000 9457756 9457756 ASSISTED LIVING SERVICES 623990 1223363 1223363 INDEPENDENT LIVING 623990 125159 125159 GUEST MEALS 722210 85543 85543 72810 50806 22004 163208997 338394 338394 78922 78922 170585 2192 168393 168393 168393 SUBPART F INCOME 900099 25201 25201 25201 163879713 163101450 0 718457 241203 241203 876 876 2100717 2100717 203685 203685 78860911 74763832 4097079 282524 255730 26794 3757840 3622413 135427 5787844 5473368 314476 307766 307766 208280 208280 13208303 13048645 159658 1208737 1087588 121149 1550975 1356487 194488 3263595 3263595 7963881 7789552 174329 1887242 1681838 205404 5110121 4980474 129647 8848147 8516400 331747 3047283 3039126 8157 MEDICAL SUPPLIES 8183353 8183353 DIETARY SUPPLIES 6000995 6000995 MISCELLANEOUS 1500312 1481554 18758 MAINTENANCE 1264079 1264079 2423129 2333932 89197 157211798 145121445 12090353 0 22325 22418 24863771 29396035 17431201 17859477 661852 52921 531926 531939 6596370 5451778 195711483 97939920 89827458 97771563 23231568 20404582 788471 575322 20007862 20476357 183962804 192542392 24804403 26132096 115807236 116461216 140611639 142593312 X 43351165 49949080 43351165 49949080 183962804 192542392 6667915 -70000 0 X 0 1 X 1 0 X 111753 47992 58083 62754 59806 340388 143629471 145558385 154111473 156577592 163208997 763085918 143741224 145606377 154169556 156640346 163268803 763426306 0 0 0 763426306 2450070 1158870 540650 418150 417316 4985056 2450070 1158870 540650 418150 417316 4985056 54742 28108 36074 14114 25201 158239 146246036 146793355 154746280 157072610 163711320 768569601 0.99330 0.98860 0.00650 0.01030 X 0 0 0 0 0 1 44272 0 0 0 44272 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: DURING 2012, CARE INITIATIVES HAD NO DIRECT EXPENSES FOR LOBBYING ACTIVITIES. CARE INITIATIVES WAS NOTIFIED BY IOWA HEALTH CARE ASSOCIATION THAT 14.2% OF DUES WOULD BE SPENT ON LOBBYING AND OTHER EXPENDITURES SUBJECT TO CODE SEC. 162(E)(1). DURING 2012, CARE INITIATIVES PAID DUES TO IHCA OF $171,649. CARE INITIATIVES WAS NOTIFIED BY AMERICAN HEALTH CARE ASSOCIATION THAT 29.0% OF DUES WOULD BE SPENT ON LOBBYING AND OTHER EXPENDITURES SUBJECT TO CODE SEC. 162(E)(1). DURING 2012, CARE INITIATIVES PAID DUES TO AHCA OF $67,034. CARE INITIATIVES WAS NOTIFIED BY NATIONAL HOSPICE AND PALLIATIVE CARE ORGANIZATION THAT 8.43% OF DUES WERE USED FOR SPECIFIC LOBBYING PURPOSES. DURING 2012, CARE INITIATIVES PAID DUE TO NHPCO OF $5,427. 1 310245 3752284 3734023 328506 0 7644235 7644235 143967178 70536626 73430552 2160752 1676529 484223 29441247 20322727 9118520 12498071 5404038 7094033 97771563 BOND SINKING FUND 5623259 BOND DEBT SERVICE RESERVE FUND 9099151 DEPOSITS 64597 CAPITAL DEPOSIT -IIC 175741 SELF INSURANCE TRUST FUND 3181374 DEBT ISSUANCE 1550213 ASSETS HELD FOR SALE 392755 TRUSTEE HELD CONSTRUCTION FUND 389267 20476357 CARE INITIATIVES IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION; THE WHOLLY OWNED SUBSIDIARY AND THE FOUR LIMITED LIABILITY COMPANIES ARE PASS THROUGH ENTITIES; GENERALLY, NONE OF THESE ENTITIES ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. CARE IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED CARE'S MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAXES THAT NEED TO BE REFLECTED IN ITS CONSOLIDATED FINANCIAL STATEMENTS. CARE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2009. CENTRAL AMERICA & THE CARIBBEAN 1 0 PROFESSIONAL & GENERAL LIABILITY INSURANCE N/A 71501 CENTRAL AMERICA & THE CARIBBEAN 0 0 INVESTMENTS N/A 175741 1 0 0 0 1 0 247242 0 247242 0 0 1 0 0 0 1 ALZHEIMERS ASSOCIATION 1730 28TH STREET WEST DES MOINES IA 50266 421520582 501(C)(3) 168090 GENERAL SUPPORT FOOD BANK OF IOWA EAST 17TH STREET DES MOINES IA 50316 421177880 501(C)(3) 15000 GENERAL SUPPORT IOWA SPORTS FOUNDATION 1421 SOUTH BELL AMES IA 50010 421278326 501(C)(3) 10000 GENERAL SUPPORT UNITED WAY OF CENTRAL IA 1111 9TH ST DES MOINES IA 50309 420680425 501(C)(3) 8700 GENERAL SUPPORT GENERAL SUPPORT 4 ORGANIZATIONS ARE SELECTED BASED UPON RELATEDNESS TO CARE INITIATIVES EXEMPT MISSION. NO ADDITIONAL MONITORING IS PERFORMED. THE FILING ORGANIZATION BASES THE NUMBER OF RECIPIENTS FOR ASSISTANCE BASED UPON THE ACTUAL BOOKS AND RECORDS OF THE ORGANIZATION. X X X X X 0 0 0 0 0 0 0 0 0 MILES KING 490185 0 143502 0 39378 0 1274 0 22114 0 696453 0 0 0 STEPHEN MARLOW 272045 0 16125 0 32814 0 3261 0 17840 0 342085 0 0 0 CHARLEEN SCHLEPP 274789 0 64457 0 36974 0 1274 0 14028 0 391522 0 0 0 ROBERT HAYDEN 200073 0 60271 0 29104 0 1274 0 20439 0 311161 0 0 0 WILLIAM HAVEKOST 202703 0 61440 0 29241 0 1274 0 25653 0 320311 0 0 0 PEARL BAUDER 145773 0 43816 0 32487 0 1082 0 14050 0 237208 0 0 0 JERAMY KUHN 155241 0 39338 0 22018 0 0 0 14739 0 231336 0 0 0 DAVID DIXON 134734 0 41092 0 2731 0 914 0 10128 0 189599 0 0 0 STEVE SPURLOCK 118757 0 36379 0 2439 0 813 0 8648 0 167036 0 0 0 MIKE MCDANIEL 60000 0 98370 0 43179 0 1274 0 862 0 203685 0 0 0 SUPPLEMENTAL INFORMATION PART III PART II, COLUMN B (III): CARE INITIATIVES, INC HAS A 457B PLAN FOR ITS EXECUTIVES. IT WAS FUNDED BY THE ORGANIZATION TO THE FOLLOWING INDIVIDUALS IN THE AMOUNTS LISTED BELOW: MILES KING $17,000; STEPHEN MARLOW $17,000; CHARLEEN SCHLEPP $17,000; ROBERT HAYDEN $8,036; WILLIAM HAVEKOST $8,192; PEARL BAUDER $5,857; AND JERAMY KUHN $5,245. IN ADDITION, $43,179 WAS DISTRIBUTED TO MIKE MCDANIEL FROM THE 457B PLAN. THE ABOVE MENTIONED AMOUNTS ARE INCLUDED IN PART II, COLUMN B (III). A IOWA FINANCE AUTHORITY 521699886 462466AV5 2006-08-02 94259850 REFUND PRIOR BONDS (5/14/96) 0 0 0 B IOWA FINANCE AUTHORITY 521699886 46246PLQ2 2010-09-30 27420000 DATE THE REBATE COMPUTATION WAS PERFORMED: 07/31/2011 0 0 0 C IOWA FINANCE AUTHORITY 521699886 2011-12-07 7000000 BUILDINGS AND EQUIPMENT 0 0 0 D IOWA FINANCE AUTHORITY 521699886 2012-12-10 7000000 BUILDINGS AND EQUIPMENT 0 0 0 A 20635000 109388485 7915168 742942 108645543 2006 1 1 1 1 B 2950000 27420000 27420000 2008 1 0 1 1 C 6485006 6482204 2802 2012 0 0 1 1 D 386465 386465 0 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 1 0 0 0 0 1 B 0 1 1 0 1 0 0 0 1 C 0 1 0 0 1 0 0 0 1 D 0 1 0 0 1 0 0 0 1 A 1 B 1 C 1 D 1 PART I, LINE B, COLUMN F REFUND PRIOR BONDS (11/22/02), (11/15/06) PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. PART II, LINE 3, COLUMN A THE TOTAL PROCEEDS DO NOT EQUAL THE SUMMATION OF LINES 4-12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. PART II, LINE 3, COLUMN C THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) AS THIS DEBT WAS ISSUED ON A DRAW-DOWN BASIS AND THE TOTAL PRINCIPAL AVAILABLE HAS NOT YET BEEN DRAWN. PART II, LINE 3, COLUMN D THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) AS THIS DEBT WAS ISSUED ON A DRAW-DOWN BASIS AND THE TOTAL PRINCIPAL AVAILABLE HAS NOT YET BEEN DRAWN. FORM 990, PART VI, SECTION A, LINE 2 DURING 2012, DIRECTOR HULON WALKER AND DIRECTOR JOHN K. SMITH EACH HELD A ONE QUARTER INTEREST IN THE SAME TEXAS CORPORATION THAT OWNED AND OPERATED ONE ASSISTED LIVING FACILITY IN TEXAS. THAT CORPORATION CONDUCTED NO BUSINESS WITH CARE INITIATIVES, INC. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE ANNUAL FORM 990 IS REVIEWED, PRIOR TO FILING, BY THE FULL BOARD OF DIRECTORS IN A REGULARLY SCHEDULED BOARD MEETING. SUBSEQUENT TO FILING, A FILED COPY OF THE 990 IS MADE AVAILABLE TO THE BOARD MEMBERS. ADDITIONALLY, THE FILED 990 IS PUBLISHED ON CARE'S PUBLIC WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO READ THE CORPORATE POLICY AND COMPLETE AN ANNUAL SIGNED CERTIFICATE REGARDING THE CORPORATE CONFLICT OF INTEREST POLICY. THIS PROCESS IS ADMINISTERED BY THE CORPORATE COMPLIANCE OFFICER. ADDITIONALLY, THE BOARD AND OFFICERS RECEIVE REQUIRED ANNUAL COMPLIANCE TRAINING, INCLUDING BUSINESS PRACTICES AND CONFLICT OF INTEREST, AGAIN UNDER THE SUPERVISION OF THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER ALSO ATTENDS EACH BOARD MEETING AND SERVES, ALONG WITH ALL BOARD MEMBERS, TO RECOGNIZE AND IDENTIFY POTENTIAL CONFLICT OF INTEREST EVENTS. IDENTIFIED CONFLICT OF INTEREST SITUATIONS AND DELIBERATIONS ARE DOCUMENTED IN FORMAL BOARD OF DIRECTOR MINUTES. FORM 990, PART VI, SECTION B, LINE 15 CARE'S PRESIDENT/CEO, VICE PRESIDENT/CFO AND VICE PRESIDENT/DIRECTOR OF OPERATIONS HAVE BEEN IDENTIFIED AS DISQUALIFIED PERSONS. COMPENSATION FOR THESE POSITIONS IS DETERMINED BY INDEPENDENT DIRECTORS OF THE COMPENSATION COMMITTEE WITHOUT THE AFFECTED PARTIES BEING PRESENT AND IS SUBSEQUENTLY PROVIDED TO THE FULL BOARD FOR THEIR ACTION OR APPROVAL. FORMAL PERFORMANCE EVALUATIONS AND DOCUMENTATIONS OF EACH STEP IN THE DELIBERATION PROCESS ARE CONTAINED IN RETAINED COMPENSATION COMMITTEE REPORTS. THE DETERMINATION OF THE COMPENSATION COMMITTEE IS SUPPORTED BY A 2012 REPORT BY QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS USING APPROPRIATE COMPARABILITY DATA. THE DELIBERATIONS OF THE COMPENSATION COMMITTEE AND BOARD ARE CONTEMPORANEOUSLY RECORDED IN FORMAL MEETING MINUTES THAT ARE RETAINED BY THE ORGANIZATION. OTHER EXECUTIVE COMPENSATION IS DETERMINED BY THE PRESIDENT/CEO IN CONSULTATION WITH THE MEMBERS OF THE COMPENSATION COMMITTEE AND BOARD OF DIRECTORS. THE REPORTS OF COMPENSATION CONSULTANTS UTILIZED IN THE EVALUATION OF COMPENSATION LEVELS FOR THE PRESIDENT/CEO, VP/CFO AND VICE PRESIDENT/DIRECTOR OF OPERATIONS ARE REVIEWED, ALONG WITH PERFORMANCE EVALUATIONS, INFLATION DATA AND COMPETITIVE FACTORS, ALL TO ESTABLISH COMPENSATION LEVELS. COMPENSATION CHANGES ARE DOCUMENTED AND RETAINED BY THE CORPORATION'S HUMAN RESOURCE DEPARTMENT. OTHER MANAGEMENT COMPENSATION IS DETERMINED ACCORDING TO LONG STANDING PERSONNEL POLICIES ADMINISTERED BY THE CORPORATION'S HUMAN RESOURCES DEPARTMENT. THE COMPENSATION REVIEW PROCESS DESCRIBED ABOVE OCCURS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 CARE PROVIDES ITS FORM 990 ON THE ORGANIZATION'S PUBLIC WEBSITE. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENT, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A, LINE 1A, COLUMN D DURING 2012, FORMER VP/DIR OF OPERATIONS, ROBERT CONLON'S, REPORTABLE COMPENSATION OF $69,749 INCLUDED BOARD FEES OF $48,000; OTHER COMPENSATION OF $212; AND $21,537 AS A RESULT OF A DISTRIBUTION FROM THE COMPANY SPONSORED 457B PLAN. DURING 2012, FORMER SVP/CFO, MIKE MCDANIEL'S, REPORTABLE COMPENSATION OF $201,549 INCLUDED A 2011 INCENTIVE PLAN PAYMENT OF $98,370; CONSULTING FEES OF $60,000; AND $43,179 AS A RESULT OF A DISTRIBUTION FROM THE COMPANY SPONSORED 457B PLAN. VOLUNTEERS: FORM 990, PART I, LINE 6: CARE INITIATIVES HAD 79,916 RECORDED VOLUNTEER HOURS IN 2012. THE AVERAGE VOLUNTEER WORKS ONE HOUR PER WEEK RESULTING IN A CALCULATED NUMBER OF VOLUNTEERS OF 1,537. VOLUNTEERS MAINLY PROVIDE ENTERTAINMENT FOR AND CONVERSE WITH RESIDENTS. ODEBOLT ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738090 LOW INCOME HOUSING NE N/A RELATED -4 307986 0 1 0.00010 PANORA ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738136 LOW INCOME HOUSING NE N/A RELATED -3 366119 0 1 0.00010 DUNLAP ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738210 LOW INCOME HOUSING NE N/A RELATED -6 301354 0 1 0.00010 LAMONI ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738239 LOW INCOME HOUSING NE N/A RELATED -5 187672 0 1 0.00010 IOWA INDEMNITY COMPANY LTD BOX 560 BEATRICE BUTTERFIELD BUILDI PROVIDENCIALES TURKS & CAICOS IS TK 760262402 CAPTIVE INSURANCE TK N/A C 25201 1864177 1.00000 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 DUNLAP ASSISTED LIVING LLC A 12698 GAAP ODEBOLT ASSISTED LIVING LLC A 12698 GAAP LAMONI ASSISTED LIVING LLC A 12698 GAAP PANORA ASSISTED LIVING LLC A 12698 GAAP DUNLAP ASSISTED LIVING LLC D 200000 GAAP ODEBOLT ASSISTED LIVING LLC D 200000 GAAP LAMONI ASSISTED LIVING LLC D 200000 GAAP PANORA ASSISTED LIVING LLC D 200000 GAAP IOWA INDEMNITY COMPANY LTD F 112085 GAAP CARE IS THE 0.01% MANAGING MEMBER IN FOUR LIMITED LIABILITY COMPANIES PROVIDING ASSISTED LIVING SERVICES. THESE ENTITIES OWN BUILDINGS THAT ARE ATTACHED TO CARE'S RELATED SKILLED NURSING HOMES AND THEY QUALIFY FOR AN ALLOCATION OF LOW-INCOME HOUSING TAX CREDITS UNDER SECTION 42 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WERE PLACED IN SERVICE IN 2007. CARE INITIATIVES PROVIDES DAILY OPERATIONAL MANAGEMENT SERVICES AND PERMANENT FINANCING. THE AGREEMENTS PROVIDE FOR CARE INITIATIVES TO PURCHASE THE 99.99% INVESTOR MEMBER INTEREST AT THE END OF THE 15-YR TAX CREDIT COMPLIANCE PERIOD FOR AN AMOUNT BASED ON A PROCESS AS SPECIFIED IN THE AGREEMENT.