RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: RETIREMENT COMMUNITY OF FAIRBANKS (EIN 20-1253962)
Tax period: 2012-04-01 to 2013-03-31
Filed: 2013-08-15
IRS object ID: 201312279349304131
Schema version: 2012v2.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-08-15T16:38:58-05:00	Timestamp
Tax Period End Date	2013-03-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KOHLER SCHMITT & HUTCHISON PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 70607	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	997070607	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-04-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	201253962	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	RETIREMENT COMMUNITY	BusinessNameLine1
Business Name Line2	OF FAIRBANKS	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	RETI	NameControl
Phone	9073745016	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	997073006	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KAREN PARR	Name
Title	PRESIDENT	Title
Phone	9073745016	Phone
Date Signed	2013-08-15	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ELAINE WILLIAMSON	Name
Phone	9074566676	Phone
Date Prepared	2013-08-15	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KAREN PARR PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	99707	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	7311423	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.RCOFF.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2004	YearFormation
State Legal Domicile	AK	StateLegalDomicile
Activity Or Mission Description	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	8	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	4010887	ContributionsGrantsPriorYear
Contributions Grants Current Year	6263934	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	507537	ProgramServiceRevenuePriorYear
Program Service Revenue CY	1018022	ProgramServiceRevenueCY
Investment Income Prior Year	803	InvestmentIncomePriorYear
Investment Income Current Year	706	InvestmentIncomeCurrentYear
Other Revenue Prior Year	13755	OtherRevenuePriorYear
Other Revenue Current Year	28761	OtherRevenueCurrentYear
Total Revenue Prior Year	4532982	TotalRevenuePriorYear
Total Revenue Current Year	7311423	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	73929	SalariesEtcPriorYear
Salaries Etc Current Year	164694	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	10685	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	5239	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	5239	TotalFundrsngExpCurrentYear
Other Expense Prior Year	569082	OtherExpensePriorYear
Other Expenses Current Year	1129815	OtherExpensesCurrentYear
Total Expenses Prior Year	653696	TotalExpensesPriorYear
Total Expenses Current Year	1299748	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	3879286	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	6011675	RevenuesLessExpensesCY
Total Assets BOY	11295201	TotalAssetsBOY
Total Assets EOY	20989083	TotalAssetsEOY
Total Liabilities BOY	4462256	TotalLiabilitiesBOY
Total Liabilities EOY	8144463	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	6832945	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	12844620	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.	MissionDescription
Significant New Program Services	true	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	1220864	Expense
Revenue	1018022	Revenue
Description	RETIREMENT COMMUNITY OF FAIRBANKS PROVIDES MARKET-RATE RENTAL HOUSING TO SENIORS. DURING 2013, TWO FACILITIES (20 UNITS EACH) WERE RENTED FOR THE FULL YEAR. IN JANUARY 2013, A 3RD, 20 UNIT FACILITY, WAS PLACED INTO SERVICE AND WAS AT APPROXIMATELY 40% OCCUPANCY BY MARCH 31, 2013.	Description

Activity Other ActivityOther

Field	Value	IRS element (for citing)
Expense	33679	Expense
Description	COMMUNITY CENTER SERVICES	Description

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	33679	TotalOfOtherProgramServiceExp
Total Program Service Expense	1254543	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	8	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	8	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SUSAN MOTTER	NamePerson
Telephone Number	9073745016	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	99707	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
KAREN PARR
PRESIDENT	2.00	X	X	0	0	0
MEG MARY GREENE
VICE PRESIDE	1.50	X	X	0	0	0
NANCI JONES
DIRECTOR	0.50	X		0	0	0
MIKE COOK
TREASURER	0.50	X	X	0	0	0
JAMES WHITAKER
DIRECTOR	0.50	X		0	0	0
ARLAYNE KNOX
DIRECTOR	2.00	X		0	0	0
RANDY CHEAP
DIRECTOR	0.50	X		0	0	0
EMILY ENNIS
DIRECTOR	0.50	X		0	0	0
MARY ANN BORCHERT
SECRETARY	2.00	X	X	0	0	0
SUSAN MOTTER
GENERAL MANA	40.00		X	63222	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	63222	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (3 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
G-2 CONSTRUCTION
PO BOX 10690	PO BOX 10690	FAIRBANKS	AK	99710	CONSTRUCTION	3573935
WEEKS FIELD DEVELOPMENT GROUP
212 FRONT STREET	212 FRONT STREET	FAIRBANKS	AK	99701	DEVELOPER	468173
BETTISWORTH NORTH
212 FRONT STREET	212 FRONT STREET	FAIRBANKS	AK	99701	ARCHITECT	128302

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	3	NumberOfContractorsGT100K
Fundraising Events	155	FundraisingEvents
Government Grants	5167509	GovernmentGrants
All Other Contributions	1096270	AllOtherContributions
Noncash Contributions	799358	NoncashContributions
Total Contributions	6263934	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RAVEN LANDING I	531110	484424	484424
RAVEN LANDING II	531110	476783	476783
RAVEN LANDING III	531110	56815	56815

Field	Value	IRS element (for citing)
Total Program Service Revenue	1018022	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	706	TotalRevenueColumn
Exclusion	$706	ExclusionAmount

Field	Value	IRS element (for citing)
Cntrbtns Rprtd Fundraising Events	155	CntrbtnsRprtdFundraisingEvents

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OTHER	531110	26636	26636
APPLICATION FEES	531110	2125	2125

Field	Value	IRS element (for citing)
Total Other Revenue	28761	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	7311423	TotalRevenueColumn
Related Or Exempt Function Income	1046783	RelatedOrExemptFunctionIncome
Exclusion	$706	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	65000	Total
Program Services	65000	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	75004	Total
Program Services	74766	ProgramServices
Management And General	238	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	24690	Total
Program Services	24690	ProgramServices

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	3146	Total
Program Services	2621	ProgramServices
Management And General	525	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	25307	Total
Program Services	22376	ProgramServices
Management And General	2931	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	5239	Total
Fundraising	5239	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	27137	Total
Program Services	17144	ProgramServices
Management And General	9993	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	16095	Total
Program Services	7806	ProgramServices
Management And General	8289	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	261079	Total
Program Services	260930	ProgramServices
Management And General	149	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	998	Total
Management And General	998	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	262362	Total
Program Services	262302	ProgramServices
Management And General	60	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	311743	Total
Program Services	311177	ProgramServices
Management And General	566	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	18538	Total
Program Services	17148	ProgramServices
Management And General	1390	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
TENANT SERVICES	188135	188135
MISCELLANEOUS	12193		12193
DUES	1617	448	1169
CREDIT CARD CHARGES	1465		1465

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	1299748	Total
Program Services	1254543	ProgramServices
Management And General	39966	ManagementAndGeneral
Fundraising	5239	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	78373	BOY
EOY	198862	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	351116	BOY
EOY	572604	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	26140	BOY
EOY	172350	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	6308	BOY
EOY	3379	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	10527	BOY
EOY	47462	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	20484848	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	490422	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	10822737	BOY
EOY	19994426	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	11295201	BOY
EOY	20989083	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	62237	BOY
EOY	324414	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2775286	BOY
EOY	5076748	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	1395878	BOY
EOY	2464111	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	228855	BOY
EOY	279190	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	4462256	BOY
EOY	8144463	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	887841	BOY
EOY	3235333	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	5945104	BOY
EOY	9609287	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	6832945	BOY
EOY	12844620	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	11295201	BOY
EOY	20989083	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	6011675	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	198450	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	109563	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2862188	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4010887	CurrentTaxYearMinus1Year
Current Tax Year	6263934	CurrentTaxYear
Total	13445022	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	198450	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	109563	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2862188	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4010887	CurrentTaxYearMinus1Year
Current Tax Year	6263934	CurrentTaxYear
Total	13445022	Total

Field	Value	IRS element (for citing)
Public Support Total170	13445022	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	4476	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	716	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	247	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	803	CurrentTaxYearMinus1Year
Current Tax Year	706	CurrentTaxYear
Total	6948	Total

Field	Value	IRS element (for citing)
Total Support	13451970	TotalSupport
Gross Receipts From Admissions Etc	1735601	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.99950	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.99910	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2574725	OtherCostOrOtherBasis
Book Value	2574725	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15536926	OtherCostOrOtherBasis
Depreciation	450006	Depreciation
Book Value	15086920	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	177535	OtherCostOrOtherBasis
Depreciation	39416	Depreciation
Book Value	138119	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	2195662	OtherCostOrOtherBasis
Depreciation	1000	Depreciation
Book Value	2194662	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	19994426	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
PREPAID DEPOSITS	$157,650
PREPAID RENT	$121,540

Field	Value	IRS element (for citing)
Total Of Amounts	279190	TotalOfAmounts
Footnote In Part XIII	X	FootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt	7382280	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	83050	DonatedSrvcAndUseOfFacilities
Other Revenues	-12193	OtherRevenues
Revenue Not Rptd F990	70857	RevenueNotRptdF990
Revenue Subtotal	7311423	RevenueSubtotal
Total Revenue Per Form990	7311423	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	1370605	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	83050	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	83050	ExpensesNotRptdF990
Expenses Subtotal	1287555	ExpensesSubtotal
Other Expenses Not Included	12193	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	12193	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	1299748	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
LIABILITY UNDER FIN 48 FOOTNOTE	SCHEDULE D, PAGE 3, PART X	RETIREMENT COMMUNITY OF FAIRBANKS IS EXEMPT FROM INCOME TAXES AS A NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRES RECOGNITION OF LIABILITIES FOR UNCERTAIN TAX POSITIONS, WHERE A LIABILITY WOULD MORE LIKELY THAN NOT BE ASSESSED BY A TAXING AUTHORITY. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITION AND DETERMINED THERE ARE NO LIABILITIES REQUIRED TO BE RECOGNIZED. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL OR STATE GOVERNMENT FOR TAX YEARS PRIOR TO 2010.
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	OTHER -12,193
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	OTHER 12,193

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
KAREN PARR
CHAIRMAN	63583	DONATION/RENT	false
ARLAYNE KNOX
DIRECTOR	28801	DONATION/RENT	false
PERRI CARLSON
DAUGH OF DIR	22875	RENT	false

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Non Cash CheckboxNonCashCheckbox	DescriptionDescription	Number Of ContributionsNumberOfContributions	Noncash Contribs Rptd F990NoncashContribsRptdF990	Method Of Determining RevenuesMethodOfDeterminingRevenues
X	COMMUNICATION	1	45594	FAIR MARKET VALUE
X	LAND	1	509310	FAIR MARKET VALUE
X	DEMOLITION	1	178454	FAIR MARKET VALUE
X	FEES	1	66000	FAIR MARKET VALUE

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.
ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN	FORM 990, PAGE 2, PART III, LINE 2	IN 2013, A 3RD, 20 UNIT FACILITY, WAS CONSTRUCTED AND PLACED IN SERVICE.
ALL OTHER ACCOMPLISHMENT DESCRIPTION	FORM 990, PAGE 2, PART III, LINE 4D	COMMUNITY CENTER SERVICES
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	COPY OF FORM 990 REVIEWED BY BOARD MEMBER FOR CONTENT. ONCE ALL INFORMATION WAS COMPLETED, THE FINAL FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON WRITTEN REQUEST.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	OTHER -12,193 OTHER 12,193

RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2012

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

Activity Other ActivityOther

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (10 entries)

Contractor Compensation ContractorCompensation (3 entries)

Program Service Revenue ProgramServiceRevenue (3 entries)

Investment Income InvestmentIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Payroll Taxes PayrollTaxes

Fees For Services Legal FeesForServicesLegal

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Fees For Services Other FeesForServicesOther

Office Expenses OfficeExpenses

Occupancy Occupancy

Travel Travel

Interest Interest

Depreciation Depletion DepreciationDepletion

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Pledges And Grants Receivable PledgesAndGrantsReceivable

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FS Audited Basis FSAuditedBasis

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Total170 Total170

Gross Investment Income170 GrossInvestmentIncome170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Equipment Equipment

Other Land Buildings OtherLandBuildings

Other Liabilities OtherLiabilities (2 entries)

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable (4 entries)

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Comments