2013-08-15T10:24:07-05:00 2012-12-31 260143122 KNIGHT FIELD FABRY LLP 2810 NORTH SPEER BOULEVARD DENVER CO 80211 990 2012-01-01 840526484 GOLDEN WEST COMMUNITIES INC GOLD 3034443967 1055 ADAMS CIRCLE BOULDER CO 80303 JOHN HINKELMAN 3034443967 2013-08-15 1 ROBERT E FABRY CPA P00757821 3035317433 2012 2016-02-24 21:20:13Z JOHN HINKELMAN 1055 ADAMS CIRCLE BOULDER CO 80303 7213635 0 X WWW.GWBOULDER.ORG X 1963 CO GOLDEN WEST COMMUNITIES, INC. (FORMERLY KNOWN AS FIRST CHRISTIAN MANOR) PROVIDES QUALITY HOUSING AND RELATED SERVICES TO PERSONS AGED 62 AND OLDER IN AN ENVIRONMENT THAT IS SUPPORTIVE OF THE SENIOR RESIDENTS AND THE LOCAL COMMUNITY. 10 10 158 104 0 0 25252 436987 6570073 6475061 37349 23031 49443 52320 6682117 6987399 0 0 0 0 2590421 2573115 0 0 123529 3998441 4033123 6588862 6606238 93255 381161 25190109 25153342 25722960 25316601 -532851 -163259 GOLDEN WEST COMMUNITIES, INC. OFFERS AFFORDABLE HOUSING CHOICES TO PEOPLE 62 YEARS OF AGE AND OLDER. THE ORGANIZATION IS COMMITTED TO PROVIDING QUALITY SERVICE TO RESIDENTS, THEIR FAMILIES AND THE BOULDER COMMUNITY. 0 0 5667606 6475061 PROVIDING APARTMENT RENTALS, ASSISTED LIVING CARE, FOOD SERVICE, SOCIAL ACTIVITIES, WELLNESS PROGRAMS, AND SUPPORTIVE SERVICES FOR THE ELDERLY. 5667606 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 158 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TRACY SWEN 3034443967 1055 ADAMS CIRCLE BOULDER CO 80303 JOHN HINKELMAN 2.00 X X 0 0 0 JANET LAPPEN 2.00 X X 0 0 0 CLAIRE HUNTER 2.00 X X 0 0 0 J DENNIS HYNES 2.00 X X 0 0 0 WILLIAM NAGEL 1.00 X 0 0 0 JENNIFER SULLIVAN 1.00 X 0 0 0 NICHOLAS REHNBERG 1.00 X 0 0 0 MACKY BENNETT 1.00 X 0 0 0 CLAUDIA HELADE 1.00 X 0 0 0 ROB FRANCE 1.00 X 0 0 0 JOHN TORRES 40.00 X 120320 0 9716 120320 0 9716 1 0 0 0 MORRISON MANAGEMENT SPECIALISTS INC 5801 PEACHTREE DUNWOODY ROAD ATLANTA GA 30342 FOOD SERVICE 947107 1 375000 61987 436987 APARTMENT RENTAL 531110 4318646 4318646 LIVING ASSISTANCE SVC 623990 2156415 2156415 6475061 18706 18706 230561 226236 4325 4325 4325 32961 0 32961 32961 LAUNDRY AND VENDING 812900 15706 15706 OTHER INCOME 900099 3653 3653 19359 6987399 6550412 0 0 120320 12032 102272 6016 1989026 1519099 379924 90003 26078 18875 5943 1260 257548 187005 58894 11649 180143 130762 41181 8200 10525 10525 11936 11936 124107 51706 66691 5710 34867 34867 95422 83891 10840 691 11606 8570 3036 33805 28130 5675 1158628 1158628 875807 858291 17516 69617 68225 1392 FOOD COSTS 895713 895713 UTILITIES 393460 385591 7869 TELEPHONE 131228 125979 5249 REPAIRS AND MAINTENANCE 111650 111650 74752 23459 51293 6606238 5667606 815103 123529 91250 294414 1733274 1618226 36459 110256 29234 33064 73646 51891 31037853 9672776 21532088 21365077 828105 846839 718835 677436 147218 156139 25190109 25153342 328599 403157 255000 225000 23903569 23401646 1235792 1286798 25722960 25316601 X -532851 -163259 -532851 -163259 25190109 25153342 X 381161 49446 -61015 X X 0 1 X 1 0 X 90553 151759 25252 436987 704551 5485381 6472040 6498421 6570073 6475061 31500976 5575934 6472040 6650180 6595325 6912048 32205527 0 179967 85203 64389 305692 635251 179967 85203 64389 305692 635251 31570276 91277 20493 18992 15737 18706 165205 91277 20493 18992 15737 18706 165205 5667211 6492533 6669172 6611062 6930754 32370732 0.97530 0.97590 0.00510 0.00880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 188500 188500 29369390 8810951 20558439 1479963 861825 618138 21365077 SECURITY DEPOSITS 374778 INTEREST RATE SWAP 912020 1286798 X 6974858 49446 49446 6925412 61987 61987 6987399 6544251 0 6544251 61987 61987 6606238 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION HAS ADOPTED GUIDANCE ISSUED BY THE FASB ASC ON ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS. THE ADOPTION OF THIS GUIDANCE HAD NO EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAS NO MATERIAL UNRECOGNIZED INCOME TAX POSITIONS, INCLUDING ANY POTENTIAL LOSS OF ITS TAX EXEMPT STATUS. THE ORGANIZATION HAS NO ON-GOING FEDERAL, STATE OR LOCAL TAX AUDITS, HOWEVER THE ORGANIZATION'S FORM 990'S, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, FOR 2009 AND SUBSEQUENT YEARS ARE OPEN TO EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT INCOME FROM GOLDEN WEST FOUNDATION 61,987. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT INCOME (REIMBURSEMENTS) FROM GOLDEN WEST FOUNDATION 61,987. A CO HEALTH FACILITIES AUTHORITY 840752932 196474X21 2005-07-01 8675000 REFI, RENOVATION & CONSTRUCTION 0 0 0 B CO HEALTH FACILITIES AUTHORITY 840752932 1964743G3 2006-06-13 6680000 CONSTRUCTION OF FACILITIES 0 0 0 C HOUSING AUTHORITY OF BOULDER COUNTY 840742772 10146KAV1 2005-12-22 10000000 CONSTRUCTION OF FACILITIES 0 0 0 A 2005 0 0 1 1 B 2006 0 0 1 1 C 2005 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY THE BOARD'S FINANCE COMMITTEE. UPON ACCEPTANCE BY THE FINANCE COMMITTEE, THE 990 IS PROVIDED TO THE FULL BOARD FOR THEIR APPROVAL. UPON APPROVAL BY THE BOARD, THE 990 IS THEN SIGNED AND DATED BY THE BOARD'S PRESIDENT AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. IT IS THE RESPONSIBILITY OF ALL BOARD MEMBERS AND STAFF TO BE AWARE OF THE POLICY AND TO IDENTIFY ALL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DEVELOPS THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR BASED UPON THE EXECUTIVE DIRECTORS ANNUAL PERFORMANCE REVIEW AND OVERALL BUDGETARY LIMITATIONS. ANY BONUSES PAID TO THE EXECUTIVE DIRECTOR ARE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOLDEN WEST COMMUNITIES, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP LIABILITY -61,015. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THIS PROCESS FROM THE PRIOR YEAR.