2013-06-21T10:42:21-05:00 2012-12-31 521158459 HERTZBACH & COMPANY PA 800 RED BROOK BOULEVARD SUITE 300 OWINGS MILLS MD 21117 990 2012-01-01 521404857 AIR FORCE RETIRED OFFICERS COMMUNITY DBA FALCONS LANDING AIRF 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 HARDY M LISTER 7034045145 2013-06-21 1 GUNTHER BRAND P01029700 4103633200 2012 2016-02-24 21:20:13Z FALCONS LANDING BARBARA BRANDON 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 28343561 0 X WWW.FALCONSLANDING.ORG X 1984 VA FALCONS LANDING PROVIDES HOUSING AND SERVICES VIA A CONTINUING CARE RETIREMENT COMMUNITY TO RETIRED MILITARY OFFICERS AND THEIR SPOUSES. 11 11 398 0 0 0 442961 424426 26711902 27609335 266436 285911 0 0 27421299 28319672 66501 36310 0 0 12499021 12838708 0 0 0 13198905 13356843 25764427 26231861 1656872 2087811 75416058 74585830 99587954 95270614 -24171896 -20684784 X MISSION IS TO OPERATE A FIRST-CLASS, NOT-FOR-PROFIT, CONTINUING CARE RETIREMENT COMMUNITY FOR THR BENEFIT OF RETIRED MILITARY OFFICERS, THEIR SPOUSES AND WIDOWED SPOUSES. WE SHALL PROVIDE FACILITIES AND SERVICES THAT SUPPORT AND ENHANCE THE HEALTH, SECURITY, HAPPINESS AND WELL-BEING OF RESIDENTS. 0 0 12758241 18779104 PROVIDE HOUSING, FOOD, AND OTHER SERVICES TO 401 INDEPENDENT LIVING RESIDENTS OF A RETIREMENT COMMUNITY. 10832289 18310 8470769 PROVIDE HOUSING, NURSING, FOOD AND OTHER SERVICES TO 122 HEALTH CENTER RESIDENTS OF A RETIREMENT COMMUNITY. 18000 18000 SCHOLARSHIP AWARDED TO HIGH SCHOOL SENIORS IN THE COMMUNITY. 23608530 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 51 0 1 398 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 VA X HARDY LISTER 7034045145 20522 FALCONS LANDING CIRCLE POTOMAC FALLS VA 20165 GEORGE TAYLOR JR 5.00 X X 0 0 0 PAT DUNNE 5.00 X X 0 0 0 JAMES MANKER 5.00 X X 0 0 0 BARBARA GOODWIN 5.00 X 0 0 0 ELIZABETH ANN HARRELL 5.00 X 0 0 0 PATRICK BURNS 5.00 X 0 0 0 WILLIAM TIMME 5.00 X X 0 0 0 HARLAN WILDER 5.00 X 0 0 0 MARIA OWENS 5.00 X 0 0 0 THOMAS STEELE 5.00 X 0 0 0 MIKE ROSSI 5.00 X 0 0 0 STEPHEN PLUMMER 5.00 X 0 0 0 ED RODRIGUEZ 5.00 X 0 0 0 BARBARA BRANNON 40.00 X 211024 0 33498 HARDY LISTER 40.00 X 174440 0 11072 ANN MECHERIKUNNEL 20.00 X 132940 0 0 PETER PLANTE 40.00 X 110264 0 3868 FRED SIMPSON 40.00 X 106295 0 3868 LLENA PEREZ 40.00 X 103424 0 3863 838387 0 56169 6 0 1 0 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 631503534 THERAPY SERVICES 1013651 BEST CHOICE CONTRUCTION INC 7404 KALLENBURG COURT MANASSAS VA 20111 CONSTRUCTION 898095 THE WHITING-TURNER CONSTRUCTION CO PO BOX 17596 BALTIMORE MD 21297 CONSTRUCTION 605379 REESE LOWER PATRICK & SCOTT LTD 250 VALLEYBROOK DRIVE LANCASTER PA 17601 ARCHITECTS 370395 QUALITY CARPET ONE INC 10232 HARRY J PARRISH BLVD MANASSAS VA 20110 FLOORING INSTALLATION 355297 5 424426 424426 MONTHLY MAINTENANCE FE 623990 13893230 13893230 HEALTHCARE SERVICE FEES 623990 8470769 8470769 EARNED ENTRANCE FEE 623990 4885874 4885874 359462 359462 27609335 295971 295971 -10000 -10000 23829 0 23889 23829 -23889 -60 -60 28319672 27249873 0 645373 36310 36310 388056 388056 9894054 9084437 809617 214677 200128 14549 1521807 1313795 208012 820114 732657 87457 19975 19975 68155 68155 308136 233011 75125 114832 610 114222 242684 130978 111706 65709 65709 1141601 1036289 105312 20081 9284 10797 33637 23055 10582 2589853 2589853 3822144 3822144 575046 194692 380354 FOOD & DINING SUPPLIES 1491761 1486291 5470 MEDICARE COSTS 1367704 1365804 1900 MAINTENANCE COSTS 899650 892032 7618 SUPPLIES & EQUIPMENT RE 246368 238782 7586 349507 218378 131129 26231861 23608530 2623331 0 122506 149483 6878900 5342608 766585 637964 0 0 997392 972031 105733530 53358094 52146148 52375436 14194242 14756811 310285 351497 75416058 74585830 22795243 21999480 29544918 29753124 46513793 42796010 734000 722000 99587954 95270614 X -24594590 -21188570 422694 503786 -24171896 -20684784 75416058 74585830 2087811 1399301 0 X X 0 1 X 1 0 X 217893 275261 324591 442961 424426 1685132 23821356 24559255 26087379 26373623 27249873 128091486 24039249 24834516 26411970 26816584 27674299 129776618 0 0 0 129776618 450264 240168 310035 266436 295971 1562874 450264 240168 310035 266436 295971 1562874 309248 331844 309722 338279 359462 1648555 24798761 25406528 27031727 27421299 28329732 132988047 0.97590 0.97280 0.01180 0.01550 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: PART III LINE 12 OTHER INCOME - FROM THE BEAUTY SALON, INTERNET SERVICE, GUEST MEALS, GUEST ROOMS, EMPLOYEE MEALS, ETC. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6963112 6963112 75335055 41978493 33356562 17640985 7841535 9799450 5794378 3538066 2256312 52375436 PRIORITY DEPOSITORS 722000 722000 X 29718973 1399301 1399301 28319672 0 28319672 26231861 0 26231861 0 26231861 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2012 AND 2011 THE COMPANY'S FEDERAL INCOME TAX RETURN REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICES PART X LINE 2 AFROC HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, AFROC MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSTION. PART X LINE 2 MANAGEMENT EVALUATED AFROC'S TAX POSITIONS AND CONCLUDED THAT IT HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENTS TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE GUIDANCE. GENERALLY, AFROC IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S., FEDERAL, STATE OR LOCAL TAXING AUTHORITIES BEFORE 2007. 1 FINANCIAL ASSISTANCE 18310 HIGH SCHOOL SCHOLARSHIP 18000 PART 1 LINE 2A A POLICY HAS BEEN DEVELOPED FOR THE USE OF BENEVOLENT FUNDS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS. THE CFO RECEIVES, REVIEWS AND VERIFIES REQUESTS FOR FINANCIAL ASSISTANCE. THE REQUESTS ARE THEN FORWARDED TO THE FINANCIAL COMMITTEE AND THEN TO THE FULL BOARD OF DIRECTORS FOR REVIEW AND APPORVAL. X X 0 0 0 0 0 0 0 0 0 BARBARA BRANNON 211024 0 0 0 0 0 28645 0 4853 0 244522 0 0 0 HARDY LISTER 174440 0 0 0 0 0 6219 0 4853 0 185512 0 0 0 A INDUSTRIAL DEVELOPMENT AUTHORITY OF LOUDOUN 521310230 54589PCA6 2004-08-01 56900000 PROVIDE FUNDS TO REFUND MARCH 1, 1998 0 1 0 A 13770015 56675015 56675015 1 0 1 1 A 1 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 PART VI SECTION B LINE 11B: FORM 990 IS REVIEWED BY THE CFO, THEN REVIEWED BY THE AUDIT AND FINANCE COMMITTEE AND AUDITOR AND PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY REQUIRES A MANDATORY WRITTEN RESPONSE FROM ALL AFFECTED PARTIES DISCLOSING WHETHER THEY HAVE ANY OUTSIDE INTERESTS THAT WOULD JEPORDIZE THEIR RESPONSIBILITIES AT FALCON'S LANDING. FORM 990, PART VI, SECTION B, LINE 15A FORM 990 PART VI SECTION B QUESTION 15A: THE PROCESS FOR DETERMINING COMPENSATION FOR THE PRESIDENT/CEO INVOLVES A REVIEW OF COMPARABLE SALARIES IN THE INDUSTRY AND REQUIRES APPROVAL BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY CONTACTING THE FALCONS LANDING BUSINESS OFFICE . AUDIT COMMITTEE FORM 990, PART XII LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS OVERSEES THE SELECTION OF AUDITORS AND THE AUDIT FINDINGS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS.