2013-08-15T16:38:58-05:00 2013-03-31 KOHLER SCHMITT & HUTCHISON PC PO BOX 70607 FAIRBANKS AK 997070607 990 2012-04-01 201253962 RETIREMENT COMMUNITY OF FAIRBANKS RETI 9073745016 PO BOX 73006 FAIRBANKS AK 997073006 KAREN PARR 9073745016 2013-08-15 ELAINE WILLIAMSON 9074566676 2013-08-15 2012 2016-02-24 21:20:13Z KAREN PARR PRESIDENT PO BOX 73006 FAIRBANKS AK 99707 7311423 false X WWW.RCOFF.ORG X 2004 AK 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. 9 7 8 0 4010887 6263934 507537 1018022 803 706 13755 28761 4532982 7311423 0 0 73929 164694 10685 5239 5239 569082 1129815 653696 1299748 3879286 6011675 11295201 20989083 4462256 8144463 6832945 12844620 X 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. true false 1220864 1018022 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. 33679 COMMUNITY CENTER SERVICES 33679 1254543 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 false false false false false false false true true false true false false false false false false false false true 8 0 8 true false false false false false false X 9 7 false false false false false false false true true false false true true false false false false false false false X X SUSAN MOTTER 9073745016 PO BOX 73006 FAIRBANKS AK 99707 KAREN PARR 2.00 X X 0 0 0 MEG MARY GREENE 1.50 X X 0 0 0 NANCI JONES 0.50 X 0 0 0 MIKE COOK 0.50 X X 0 0 0 JAMES WHITAKER 0.50 X 0 0 0 ARLAYNE KNOX 2.00 X 0 0 0 RANDY CHEAP 0.50 X 0 0 0 EMILY ENNIS 0.50 X 0 0 0 MARY ANN BORCHERT 2.00 X X 0 0 0 SUSAN MOTTER 40.00 X 63222 0 0 63222 false false false 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 3 155 5167509 1096270 799358 6263934 RAVEN LANDING I 531110 484424 484424 RAVEN LANDING II 531110 476783 476783 RAVEN LANDING III 531110 56815 56815 1018022 706 706 155 OTHER 531110 26636 26636 APPLICATION FEES 531110 2125 2125 28761 7311423 1046783 706 65000 65000 75004 74766 238 24690 24690 3146 2621 525 25307 22376 2931 5239 5239 27137 17144 9993 16095 7806 8289 261079 260930 149 998 998 262362 262302 60 311743 311177 566 18538 17148 1390 TENANT SERVICES 188135 188135 MISCELLANEOUS 12193 12193 DUES 1617 448 1169 CREDIT CARD CHARGES 1465 1465 1299748 1254543 39966 5239 78373 198862 351116 572604 26140 172350 6308 3379 10527 47462 20484848 490422 10822737 19994426 11295201 20989083 62237 324414 2775286 5076748 1395878 2464111 228855 279190 4462256 8144463 X 887841 3235333 5945104 9609287 6832945 12844620 11295201 20989083 6011675 X false true X true true true X 198450 109563 2862188 4010887 6263934 13445022 198450 109563 2862188 4010887 6263934 13445022 13445022 4476 716 247 803 706 6948 13451970 1735601 0.99950 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2574725 2574725 15536926 450006 15086920 177535 39416 138119 2195662 1000 2194662 19994426 PREPAID DEPOSITS 157650 PREPAID RENT 121540 279190 X 7382280 83050 -12193 70857 7311423 7311423 1370605 83050 83050 1287555 12193 12193 1299748 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 KAREN PARR CHAIRMAN 63583 DONATION/RENT false ARLAYNE KNOX DIRECTOR 28801 DONATION/RENT false PERRI CARLSON DAUGH OF DIR 22875 RENT false 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 false false false 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