2013-05-14T15:06:23-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 610 WEST GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2011-07-01 521533715 COLUMBIA VANTAGE HOUSE CORPORATION COLU 4109645454 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 MERIANN RITACCO 4109645454 2013-05-14 1 BERNADETTE O'TOOLE CPA P00229258 2156433900 2011 2016-02-24 21:20:13Z MERIANN RITACCO 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 24453041 0 X WWW.VANTAGEHOUSE.ORG X 1987 MD TO SPONSOR, OPERATE AND MAINTAIN A LONG-TERM RESIDENTIAL, "CONTINUING CARE" COMMUNITY FOR THE AGED. 18 18 237 121 0 0 6814 0 13998725 14707426 268294 176961 39226 35543 14313059 14919930 0 0 0 0 5965090 6395728 0 0 0 9181727 8896020 15146817 15291748 -833758 -371818 49877706 47978300 60632396 59074072 -10754690 -11095772 THE MISSION OF VANTAGE HOUSE IS TO ESTABLISH, SPONSOR, MANAGE, AND MAINTAIN A LONG-TERM CARE RESIDENTIAL COMMUNITY FOR THE AGED WITH ON-SITE NURSING AND OTHER HEALTH CARE, AND TO CARRY OUT THE CARE, TREATMENT, AND HABITATION OF THE ELDERLY AND INFIRM. 0 0 10057600 11091895 RESIDENTIAL & WELLNESS CARE:SUPPORTED INDEPENDENT LIVING WITH DINING AND RECREATION AND SOCIAL SUPPORT PROGRAMS 2931402 3615531 HEALTH CARE:24 HOUR NURSING AND HEALTH CARE SPANNING THREE LEVELS OF CARE WITH ALL SUPPORTING PROGRAMS 12989002 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 50 0 1 237 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X MERIANN RITACCO 4109645454 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 MARSHA ANSEL 1.00 X 0 0 0 ROY APPLETREE 1.00 X 0 0 0 PENNY L BOUGHN 1.00 X 0 0 0 SUSAN CASTELLAN 1.00 X X 0 0 0 IRMA CHAPIN 1.00 X X 0 0 0 ROSEMARY DAVIS 1.00 X 0 0 0 LIN EAGAN 1.00 X 0 0 0 BARBARA FAGAN 1.00 X 0 0 0 CAROLINE FITZGERALD 1.00 X 0 0 0 JO ELLEN IMRE 1.00 X 0 0 0 CLAIRE C LEA 1.00 X 0 0 0 ROCCO RICCI 1.00 X 0 0 0 DOROTHY L RODBELL 1.00 X 0 0 0 CHARLES STARK 1.00 X 0 0 0 OWEN WILLIAMS 1.00 X X 0 0 0 ANN MECH 1.00 X 0 0 0 VIRGINIA M THOMAS 1.00 X 0 0 0 GAIL T YOUNG 1.00 X 0 0 0 MERIANN P RITACCO 40.00 X 0 0 0 KENNETH LECOMPTE 40.00 X 100514 0 14876 NILE SARA 40.00 X 103746 0 9687 KATHRYN TRAVERS 40.00 X 118448 0 9507 BARBARA D'ANNA 40.00 X 102532 0 7876 425240 0 41946 4 0 0 0 LIFE CARE SERVICES LLC CAPITAL SQUARE 400 LOCUST ST DES MOINES IA 50309 MANAGEMENT SERVICES 714782 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 331081 2 INDEPENDENT LIVING 623000 9024083 9024083 HEALTH CARE SERVICES 623000 3615531 3615531 ENTRANCE FEES 623000 2067812 2067812 14707426 133389 133389 38845 3302 35543 35543 35543 9569114 4267 9529809 0 39305 4267 43572 43572 14919930 14707426 0 212504 470411 470411 4748505 4320303 428202 42034 31207 10827 755853 621237 134616 378925 326724 52201 319730 319730 65735 65735 51713 51713 47636 31130 16506 393452 393452 440383 272478 167905 75375 75375 1223341 1215637 7704 18687 9004 9683 1882696 1878319 4377 2560732 2560732 179736 179736 DIETARY EXPENSE 777719 777719 NURSING EXPENSE 295485 295485 EQUIPMENT AND RENTAL MA 204879 201586 3293 LICENSES, DUES AND SUBS 98466 10482 87984 260255 257223 3032 15291748 12989002 2302746 0 1610540 1940979 4543492 3873177 491076 366809 106103 183610 126857 99045 28137 49816 62502165 27030782 37030323 35471383 5186040 5267019 755138 726462 49877706 47978300 1247344 1162813 21177298 20030675 36944913 36218776 1262841 1661808 60632396 59074072 X -10754690 -11095772 -10754690 -11095772 49877706 47978300 X -371818 30736 X X 0 1 1 X 0 X 30056 6259 21678 6814 64807 13363278 13470099 13715319 13998725 14707426 69254847 13393334 13476358 13736997 14005539 14707426 69319654 0 0 0 69319654 591926 291623 193259 349250 172234 1598292 591926 291623 193259 349250 172234 1598292 13985260 13767981 13930256 14354789 14879660 70917946 0.97750 0.96960 0.02250 0.03040 X 4738600 4738600 53843855 24384231 29459624 3329325 2587202 742123 590385 59349 531036 35471383 ESCROW PAYABLE 138155 REFUNDABLE ENTRANCE FEES 1523653 1661808 14919930 15291748 -371818 30736 30736 -341082 14950666 30736 30736 14919930 0 14919930 15291748 0 15291748 0 15291748 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A)OF THE INTERNAL REVENUE CODE. THE CORPORATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE CORPORATIONS FINANCIAL STATEMENTS. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2009 TO 2011 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE CORPORATION HAS IMPLEMENTED PROCESSES TO ENSURE CORPORATE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISION. THESE PROCESSES INCLUDE ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE OF EXECUTIVE TEAM COMPENSATION, AND ANNUAL REVIEW BY THE BOARD OF DIRECTORS OF THE PERFORMANCE AND COMPENSATION OF THE CORPORATION'S EXECUTIVE DIRECTOR. THE BOARD ENGAGES IN ANNUAL CORPORATE COMPLIANCE EDUCATION, HAS ADOPTED AND REVIEWS AT LEAST ANNUALLY A WRITTEN CORPORATE COMPLIANCE PROGRAM AND CODE OF CONDUCT, AND HAS A DETAILED CONFLICT OF INTEREST POLICY. X X 0 0 0 0 0 0 0 0 0 HOWARD COUNTY MD 526000965 442593AU3 2007-04-12 39487021 FINANCE CAPITAL IMPROVEMENTS, TO ADVANCE REFUND, AND TO ESTABLISH RESERVES 0 0 0 4021955 39487021 85952 35638953 789740 2963264 9112 2008 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 MERIANN RITACCO EXECUTIVE DIRECTOR MANAGEMENT 0 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF PERSON: MERIANN RITACCO(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:EXECUTIVE DIRECTOR - EMPLOYED BY LIFE CARE SERVICES(C) AMOUNT OF TRANSACTION $ 192618. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE CORPORATION AND OTHER TRUSTEES THAT MAY BE NAMED TO THE COMMITTEE BY THE CHAIR. THE EXECUTIVE COMMITTEE: (A) SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION AND SHALL: (I) ACT AS AN ETHICS COMMITTEE WHEN NEEDED TO DEVELOP POLICIES AND GUIDELINES FOR HANDLING OF ETHICAL ISSUES AND REVIEW AND GIVE CONSULTATION INVOLVING ETHICAL DIFFICULTIES. (II) CONDUCT PERFORMANCE REVIEW OF PRESIDENT CHIEF EXECUTIVE OFFICER. (III) MONITOR EFFECTIVENESS AND APPROVE INCENTIVE COMPENSATION OF EMPLOYEES UNDER INCENTIVE COMPENSATION PROGRAMS. (IV) REVIEW AND RECOMMEND TO THE BOARD CHANGES TO THE HUMAN RESOURCES POLICY AND BENEFIT PLANS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 3 THE COMPANY HAS A MANAGEMENT AGREEMENT WITH LIFE CARE SERVICES LLC OF DES MOINES IA (LCS). LCS PROVIDES SYSTEMS (CLINICAL, FINANCIAL), SUPPORT, COMPLIANCE, AND PLACES ON-SITE THE EXECUTIVE DIRECTOR (WHO ACTS AS THE CHIEF OPERATING OFFICER) AND THE ADMINISTRATOR (WHO IS REQUIRED TO BE A MARYLAND LICENSED NURSING HOME ADMINISTRATOR) AND PROVIDES REGULAR REPORTS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD HAS THE ABILITY TO ELECT OR APPOINT OTHER MEMEBERS. FORM 990, PART VI, SECTION B, LINE 11 FINANCE COMMITTEE WILL REVIEW THE 990 PRIOR TO FILING AT A MEETING, THE 990 WILL BE DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C 1.THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS, ALL MEMBERS OF STANDING AND ADVISORY COMMITTEES, ANY BOARD OR COMMITTEE MEMBER'S IMMEDIATE FAMILY OR ANY PERSON ACTING ON THE BOARD OR COMMITTEE MEMBER'S BEHALF. 2.AFTER DISCLOSURE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. 3.THE FOLLOWING SETS FORTH THE PROCEDURE FOR ADDRESSING A PERCEIVED CONFLICT: A.AN INTERESTED BOARD OR COMMITTEE MEMBER MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. B.IN THE CASE OF A FINANCIAL CONFLICT OF INTEREST, THE PRESIDENT OF THE BOARD OR CHAIR OF THE COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED BOARD OR COMMITTEE MEMBER TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C.AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER VANTAGE HOUSE CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A FINANCIAL CONFLICT OF INTEREST. D.IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A FINANCIAL CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED BOARD OR COMMITTEE MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN VANTAGE HOUSES BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO VANTAGE HOUSE AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. 4.IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A BOARD OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE BOARD OR COMMITTEE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH BOARD OR COMMITTEE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. A.IF, AFTER HEARING THE RESPONSE OF THE BOARD OR COMMITTEE MEMBER AND MAKING SUCH FURTHER INVESTIGATION AS MAY BE WARRANTED IN THE CIRCUMSTANCES, THE BOARD OR COMMITTEE MEMBER DETERMINES THAT THE BOARD OR COMMITTEE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. 5.PERIODIC REVIEWS OF THE CONFLICT OF INTEREST POLICY AND ITS APPLICATION ARE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A.WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND IS THE RESULT OF ARMS-LENGTH BARGAINING; B.WHETHER ACQUISITIONS OF SERVICES RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT; C.WHETHER PARTNERSHIP AND JOINT VENTURE ARRANGEMENTS AND ARRANGEMENTS WITH OTHER INDIVIDUALS OR ORGANIZATIONS CONFORM TO WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE PAYMENT FOR GOODS AND SERVICES, FURTHER VANTAGE HOUSES CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT; AND D.WHETHER AGREEMENTS WITH OTHER SERVICE PROVIDERS, EMPLOYEES, AND THIRD PARTY PAYORS FURTHER VANTAGE HOUSES CHARITABLE PURPOSES AND DO NOT RESULT IN INUREMENT OR IMPERMISSIBLE PRIVATE BENEFIT. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES IS SET ANNUALLY DURING THE BUDGET PROCESS; DETERMINED BASED ON COMPARITIVE MARKET SURVEY AND PERFORMANCE. THIS PROCESS WAS LAST REVIEWED AND APPROVED ON JUNE 30, 2012. FORM 990, PART VI, SECTION C, LINE 19 COLUMBIA VANTAGE HOUSE PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 30,736. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR VANTAGE HOUSE LLC 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 521533715 REAL ESTATE HOLDING MD COLUMBIA VANTAGE HOUSE CORPORATION COLUMBIA VANTAGE HOUSE FOUNDATION 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 263248227 A SUPPORTING ORGANIZATION FOR COLUMBIA VANTAGE HOUSE CORPORATION. MD 501(C)(3) LINE 11A, I COLUMBIA VANTAGE HOUSE COROPORATION 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1