DEERFIELD RETIREMENT COMMUNITY INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- DEERFIELD RETIREMENT COMMUNITY INC (EIN 42-1508960)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-13
- IRS object ID
- 201342259349301874
- 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 I
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-13T12:04:58-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 420794029 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DENMAN & COMPANY LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 22ND STREET SUITE 400 | AddressLine1 |
| City | WEST DES MOINES | City |
| State | IA | State |
| ZIP Code | 502661453 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 421508960 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DEERFIELD RETIREMENT COMMUNITY INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | DEER | NameControl |
| Phone | 5152885805 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST GRAND AVENUE NO 200 | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503091835 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | SCOTT M HARRISON | Name |
| Title | CEO | Title |
| Phone | 5152885805 | Phone |
| Date Signed | 2013-08-05 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BRUCE CAHILL | Name |
| PTIN | P00546325 | PTIN |
| Phone | 5152258400 | Phone |
| 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 | SCOTT M HARRISON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST GRAND AVENUE NO 200 | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 503091835 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19962041 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | N/A | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2000 | YearFormation |
| State Legal Domicile | IA | StateLegalDomicile |
| Activity Or Mission Description | CREATING COMMUNITIES CELEBRATING THE LIVES OF SENIORS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 10 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 9 | NbrIndependentVotingMembers |
| Total Nbr Employees | 226 | TotalNbrEmployees |
| Total Nbr Volunteers | 123 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3081314 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5452527 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 10050171 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 10738650 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 99040 | InvestmentIncomePriorYear |
| Investment Income Current Year | 131131 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13230525 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16322308 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 15600 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 4614293 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4999902 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 9495743 | OtherExpensePriorYear |
| Other Expenses Current Year | 9799628 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 14110036 | TotalExpensesPriorYear |
| Total Expenses Current Year | 14815130 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -879511 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1507178 | RevenuesLessExpensesCY |
| Total Assets BOY | 68581857 | TotalAssetsBOY |
| Total Assets EOY | 66272921 | TotalAssetsEOY |
| Total Liabilities BOY | 93682084 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 89867863 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -25100227 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -23594942 | NetAssetsOrFundBalancesEOY |
| Mission Description | CREATING COMMUNITIES CELEBRATING THE LIVES OF SENIORS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 13257382 | Expense |
| Grants | 15600 | Grants |
| Revenue | 10658603 | Revenue |
| Description | TO PROVIDE APARTMENT UNITS AND HEALTH CARE FOR RETIRED PERSONS. RESIDENTS PAY AN INITIAL ENTRANCE FEE AND MONTHLY SERVICE FEES THEREAFTER WHICH ENTITLE THEM TO USE OF THE FACILITY FOR LIFE AND UNLIMITED USE OF THE HEALTH CENTER. RESIDENTS DO NOT ACQUIRE TITLE TO THE PROPERTY. | Description |
| Total Program Service Expense | 13257382 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 1 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 43 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 226 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 10 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 9 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JASON BULS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5152885805 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 EAST GRAND AVENUE SUITE 200 | AddressLine1 |
| City | DES MOINES | City |
| State | IA | State |
| ZIP Code | 50309 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (16 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| JOHN J KADUCE | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 27000 | 0 | ||
| SCOTT M HARRISON | ||||||||
| PRESIDENT/CEO/DIRECTOR | 2.00 | 40.50 | X | 0 | 436220 | 318716 | X | |
| ANN A WAGNER-HAUSER | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 29000 | 0 | ||
| DONALD W BOURNE | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 29000 | 0 | ||
| WILLIAM R COOK | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 27000 | 0 | ||
| JAMES E NOLAND | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 27000 | 0 | ||
| PAULA J SHIVES | ||||||||
| CHAIRMAN & DIRECTOR | 6.00 | 6.50 | X | 0 | 37800 | 0 | ||
| RITA M DRAGONETTE | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 29000 | 0 | ||
| E LAVERNE EPP | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 29000 | 0 | ||
| ROBERT C KEHM | ||||||||
| DIRECTOR | 2.00 | 2.50 | X | 0 | 29000 | 0 | ||
| LARRY M SMITH | ||||||||
| VICE PRES/CFO & TREASURER | 2.00 | 40.50 | 0 | 265926 | 26736 | X | ||
| JAMES BIERE | ||||||||
| VICE PRESIDENT/COO | 2.00 | 40.50 | 0 | 251351 | 14996 | X | ||
| JOEILYNN LEONHARDT | ||||||||
| VICE PRESIDENT - HR | 2.00 | 40.50 | 0 | 150059 | 19469 | X | ||
| KIMBERLY HULETT | ||||||||
| VICE PRESIDENT - MARKETING | 2.00 | 40.50 | 0 | 150134 | 25273 | X | ||
| SYDNEY J CODER | ||||||||
| CORPORATE SECRETARY | 2.00 | 2.50 | 0 | 16088 | 0 | X | ||
| CYNTHIA MCNAIR | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | 111498 | 0 | 13561 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 111498 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1533578 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 418751 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GLYNNDEVINS ADVERTISING | |||||
| 11230 COLLEGE BLVD | OVERLAND PARK | KS | 66210 | MARKETING | 363569 |
| REHABCARE GROUP EAST INC | |||||
| PO BOX 503534 | ST LOUIS | MO | 631503534 | THERAPY | 278757 |
| BAKER GROUP | |||||
| 4224 HUBBELL AVENUE | DES MOINES | IA | 503174508 | HVAC | 158706 |
| PERFICUT LAWN & LANDSCAPING INC | |||||
| PO BOX 918 | ANKENY | IA | 50021 | LANDSCAPING | 149216 |
| OMNICARE INC | |||||
| PO BOX 715276 | COLUMBUS | OH | 432715276 | PHARMACY | 137532 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Related Organizations | 5452527 | RelatedOrganizations |
| Total Contributions | 5452527 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| APARTMENT FEES | 531110 | 6434174 | 6434174 |
| SKILLED NURSING | 623000 | 2470425 | 2470425 |
| ENTRANCE FEES | 531110 | 1834051 | 1834051 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 10738650 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 153134 | TotalRevenueColumn |
| Exclusion | $153,134 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3617730 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3559686 | Securities |
| Other | 80047 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 58044 | Securities |
| Other | -80047 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -22003 | TotalRevenueColumn |
| Related Or Exempt Function Income | -80047 | RelatedOrExemptFunctionIncome |
| Exclusion | $58,044 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16322308 | TotalRevenueColumn |
| Related Or Exempt Function Income | 10658603 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $211,178 | ExclusionAmount |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15600 | Total |
| Program Services | 15600 | ProgramServices |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4118616 | Total |
| Program Services | 3294893 | ProgramServices |
| Management And General | 823723 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7986 | Total |
| Program Services | 6389 | ProgramServices |
| Management And General | 1597 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 503863 | Total |
| Program Services | 403090 | ProgramServices |
| Management And General | 100773 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 369437 | Total |
| Program Services | 295550 | ProgramServices |
| Management And General | 73887 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 447045 | Total |
| Program Services | 424693 | ProgramServices |
| Management And General | 22352 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 102456 | Total |
| Management And General | 102456 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73871 | Total |
| Management And General | 73871 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 600 | Total |
| Management And General | 600 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 413641 | Total |
| Program Services | 330913 | ProgramServices |
| Management And General | 82728 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2579175 | Total |
| Program Services | 2579175 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2645010 | Total |
| Program Services | 2512759 | ProgramServices |
| Management And General | 132251 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 134730 | Total |
| Program Services | 132035 | ProgramServices |
| Management And General | 2695 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| PLANT OPERATIONS | 873725 | 873725 | |
| PROPERTY TAXES | 758790 | 720850 | 37940 |
| MEDICAL & OTHER RESIDEN | 742463 | 742463 | |
| DIETARY | 508362 | 508362 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 519760 | Total |
| Program Services | 416885 | ProgramServices |
| Management And General | 102875 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14815130 | Total |
| Program Services | 13257382 | ProgramServices |
| Management And General | 1557748 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11732 | BOY |
| EOY | 102943 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 412359 | BOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 937109 | BOY |
| EOY | 564329 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32565 | BOY |
| EOY | 34079 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 103320 | BOY |
| EOY | 108222 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 74997800 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 17183990 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59973757 | BOY |
| EOY | 57813810 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1517750 | BOY |
| EOY | 2307125 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5593265 | BOY |
| EOY | 5342413 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68581857 | BOY |
| EOY | 66272921 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3876777 | BOY |
| EOY | 4025301 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 42125000 | BOY |
| EOY | 41380000 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7300000 | BOY |
| EOY | 7300000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40380307 | BOY |
| EOY | 37162562 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93682084 | BOY |
| EOY | 89867863 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -25100227 | BOY |
| EOY | -23594942 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -25100227 | BOY |
| EOY | -23594942 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 68581857 | BOY |
| EOY | 66272921 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1507178 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -1893 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Both | X | FinancialStatementBoth |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22551 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19540 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26981 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3081314 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5452527 | CurrentTaxYear |
| Total | 8602913 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9956972 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10347349 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10904418 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 10050171 | CurrentTaxYearMinus1Year |
| Current Tax Year | 10738650 | CurrentTaxYear |
| Total | 51997560 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9979523 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10366889 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10931399 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13131485 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16191177 | CurrentTaxYear |
| Total | 60600473 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22551 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19540 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26981 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3078699 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5452527 | CurrentTaxYear |
| Total | 8600298 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22551 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 19540 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26981 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3078699 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5452527 | CurrentTaxYear |
| Total | 8600298 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 52000175 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 349307 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 241698 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 157899 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 153488 | CurrentTaxYearMinus1Year |
| Current Tax Year | 153134 | CurrentTaxYear |
| Total | 1055526 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 349307 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 241698 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 157899 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 153488 | CurrentTaxYearMinus1Year |
| Current Tax Year | 153134 | CurrentTaxYear |
| Total | 1055526 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 10328830 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 10608587 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11089298 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 13284973 | CurrentTaxYearMinus1Year |
| Current Tax Year | 16344311 | CurrentTaxYear |
| Total | 61655999 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.84340 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.92130 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01710 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02180 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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 | 2891479 | OtherCostOrOtherBasis |
| Book Value | 2891479 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 70572350 | OtherCostOrOtherBasis |
| Depreciation | 16185113 | Depreciation |
| Book Value | 54387237 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1533971 | OtherCostOrOtherBasis |
| Depreciation | 998877 | Depreciation |
| Book Value | 535094 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 57813810 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| ASSETS WHOSE USE IS LIMITED: ENTRANCE FEE DEPOSITS | 42555 |
| DEFERRED EXPENSES (NET) | 1894443 |
| ASSETS WHOSE USE IS LIMITED: PRINCIPAL & INTEREST | 387457 |
| ASSETS WHOSE USE IS LIMITED: DEBT SERVICE RESERVE | 2994955 |
| OTHER ASSETS | 23003 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 5342413 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ENTRANCE FEE DEPOSITS | $37,293 |
| DEFERRED ENTRANCE FEES | $36,534,498 |
| DUE TO LIFESPACE COMMUNITIES, INC. | $115,208 |
| UNAMORTIZED BOND PREMIUM | $475,563 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 37162562 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 16137000 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -1893 | NetUnrealizedGainsInvestments |
| Other Revenues | -290000 | OtherRevenues |
| Revenue Not Rptd F990 | -291893 | RevenueNotRptdF990 |
| Revenue Subtotal | 16428893 | RevenueSubtotal |
| Other Revenues Not Included | -106585 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -106585 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 16322308 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14632000 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 107397 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 107397 | ExpensesNotRptdF990 |
| Expenses Subtotal | 14524603 | ExpensesSubtotal |
| Other Expenses Not Included | 290527 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 290527 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 14815130 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | DEERFIELD HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED ORGANIZATION (RATHER THAN A PRIVATE FOUNDATION). DEERFIELD EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER IT IS "MORE LIKELY THAN NOT" THAT EACH TAX POSITION WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. FOR THE PERIODS ENDING DECEMBER 31, 2012 AND 2011, DEERFIELD HAS NOT RECORDED ANY SUCH TAX BENEFIT OR EXPENSE IN THE ACCOMPANYING FINANCIAL STATEMENTS. NO EXAMINATIONS ARE IN PROGRESS OR ANTICIPATED AT THIS TIME. DEERFIELD'S FEDERAL INCOME TAX RETURNS ARE OPEN TO EXAMINATION FOR THE YEARS ENDED DECEMBER 31, 2009 THROUGH DECEMBER 31, 2011. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | PASS-THROUGH THERAPY EXPENSE (MEDICAL & OTHER RESIDENT CARE) -290,000. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF FIXED ASSETS -80,047. REVENUES NETTED AGAINST EXPENSES ON FINANCIAL STATEMENTS -27,350. VARIANCE DUE TO ROUNDED AUDITED FINANCIAL STATEMENTS 812. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF FIXED ASSETS 80,047. REVENUES NETTED AGAINST EXPENSES ON FINANCIAL STATEMENTS 27,350. | |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PASS-THROUGH THERAPY EXPENSE (MEDICAL & OTHER RESIDENT CARE) 290,000. VARIANCE DUE TO ROUNDED AUDITED FINANCIAL STATEMENTS 527. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | HARDSHIP ASSISTANCE - REDUCTION OF FEES | TypeOfGrant |
| Number Of Recipients | 1 | NumberOfRecipients |
| Amount Of Non Cash Assistance | 15600 | AmountOfNonCashAssistance |
| Method Of Valuation | FAIR MARKET VALUE OF REDUCTION OF FEES | MethodOfValuation |
| Description Of Non Cash Assistance | RESIDENTS DO FROM TIME TO TIME SEEK FINANCIAL ASSISTANCE BY REQUESTING ASSISTANCE WITH THE MONTHLY SERVICE FEE. SINCE THESE RESIDENTS HAVE SIGNED A LIFE CARE CONTRACT, THE ORGANIZATION IS OBLIGATED TO LET THEM CONTINUE TO LIVE IN THE COMMUNITY. MANAGEMENT SHALL REVIEW BOARD APPROVED CRITERIA TO DETERMINE WHETHER THE RESIDENT IS A CANDIDATE TO RECEIVE A HARDSHIP DISCOUNT. IF THE RESIDENT QUALIFIES FOR A HARDSHIP DISCOUNT, THE DISCOUNT WILL BEGIN TO BE DEDUCTED FROM THE MONTHLY SERVICE FEES. | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: THE ORGANIZATION CAN EASILY MONITOR THE USE OF THE GRANTS TO INDIVIDUALS BECAUSE THE GRANTS ARE SIMPLY REDUCTIONS OF THE MONTHLY SERVICE FEES AND ENTRANCE FEES THAT THE RESIDENT WOULD OWE IF THE HARDSHIP ASSISTANCE WAS NOT GRANTED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (5 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCOTT M HARRISON | ||||||||||||||
| PRESIDENT/CEO/DIRECTOR | 0 | 367665 | 0 | 66815 | 0 | 1740 | 0 | 306990 | 0 | 11726 | 0 | 754936 | 0 | 0 |
| LARRY M SMITH | ||||||||||||||
| VICE PRES/CFO & TREASURER | 0 | 223441 | 0 | 42227 | 0 | 258 | 0 | 7168 | 0 | 19568 | 0 | 292662 | 0 | 0 |
| JAMES BIERE | ||||||||||||||
| VICE PRESIDENT/COO | 0 | 214660 | 0 | 36553 | 0 | 138 | 0 | 3045 | 0 | 11951 | 0 | 266347 | 0 | 0 |
| JOEILYNN LEONHARDT | ||||||||||||||
| VICE PRESIDENT - HR | 0 | 143599 | 0 | 6400 | 0 | 60 | 0 | 1601 | 0 | 17868 | 0 | 169528 | 0 | 0 |
| KIMBERLY HULETT | ||||||||||||||
| VICE PRESIDENT - MARKETING | 0 | 141520 | 0 | 8554 | 0 | 60 | 0 | 2525 | 0 | 22748 | 0 | 175407 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | PART I, LINE 4B | ReturnReference |
| Explanation | SCOTT M. HARRISON (OFFICER & DIRECTOR) IS A PARTICIPANT IN A SECTION 457(F) PLAN MAINTAINED BY LIFESPACE COMMUNITIES, INC. HE DID NOT RECEIVE A PAYMENT FROM THIS PLAN DURING THE YEAR. LIFESPACE COMMUNITIES, INC. MADE A $300,000 CONTRIBUTION TO THE PLAN IN DECEMBER 2012. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IOWA FINANCE AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 521699886 | IssuerEIN |
| CUSIP Number | 46247CAG4 | CUSIPNumber |
| Date Issued | 2007-05-15 | DateIssued |
| Issue Price | 44813299 | IssuePrice |
| Description Of Purpose | REFUND BONDS (11/13/2003) | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 2785000 | AmountRetired |
| Total Proceeds | 44813484 | TotalProceeds |
| Amount In Reserve Fund | 2994955 | AmountInReserveFund |
| Issuance Costs From Proceeds | 896451 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 1067212 | WorkingCapitalExpenditures |
| Other Spent Proceeds | 39854867 | OtherSpentProceeds |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 1 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00300 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00300 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 0 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 1 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 0 | HedgeIdentifiedInBooksAndRecds |
| Gross Proceeds Invested In GIC | 1 | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE PART VI | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 30.500000000000 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | 1 | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 1 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 1 | ProcToUndertkCorrectiveAction |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS OF ISSUE: | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
| SCHEDULE K, PART IV, LINE 5B, NAME OF PROVIDER: | MORGAN STANLEY CAPITAL SERVICES |
Schedule L IRS990ScheduleL
Loan Table LoanTable
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIFESPACE COMMUNITIES INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | RELATED CHARITABLE ORGANIZATION | RelationshipWithOrganization |
| Purpose Of Loan | FINANCING FOR CONSTRUCTION AND OPERATION OF HEALTH CARE FACILITIES | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $7,300,000 | OriginalPrincipalAmount |
| Balance Due | 7300000 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 7300000 | TotalBalanceDue |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | LIFESPACE COMMUNITIES, INC. IS THE SOLE MEMBER OF DEERFIELD RETIREMENT COMMUNITY, INC. |
| FORM 990, PART VI, SECTION A, LINE 7A | LIFESPACE COMMUNITIES, INC. HAS THE AUTHORITY TO ELECT THE MEMBERS OF THE GOVERNING BODY OF DEERFIELD RETIREMENT COMMUNITY, INC. PRESENTLY, THE BOARDS OF BOTH ORGANIZATIONS ARE IDENTICAL. |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT PERFORMS A THOROUGH REVIEW OF THE FORM 990. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. ANY CONCERNS OR SUGGESTIONS IDENTIFIED BY THE AUDIT COMMITTEE ARE REPORTED TO THE FULL BOARD OF DIRECTORS. A COPY OF THE FORM 990 WILL BE DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. MEMBERS OF THE BOARD OF DIRECTORS DIRECT ANY QUESTIONS OR CONCERNS TO THE CHIEF FINANCIAL OFFICER TO BE RESOLVED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS OF DEERFIELD RETIREMENT COMMUNITY, INC. AND ALL RELATED ORGANIZATIONS MUST CONDUCT THEIR PERSONAL AFFAIRS IN SUCH A MANNER AS TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH DUTIES AND RESPONSIBILITIES AS OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS. ALL NEW BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICTS OF INTEREST STATEMENT. THIS IS REVIEWED BY THE MANAGEMENT DEVELOPMENT COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY ARE REQUIRED TO COMPLETE A CONFLICTS OF INTEREST STATEMENT. THESE STATEMENTS ARE REVIEWED BY THE MANAGEMENT DEVELOPMENT COMMITTEE TO DETERMINE IF ANY CONFLICTS OF INTEREST EXIST PRIOR TO REAPPOINTMENT TO THE BOARD AND OFFICER POSITIONS. ANY DIRECTOR HAVING A CONFLICT OF INTEREST SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR OFFICERS AND DIRECTORS IS REVIEWED BY THE MANAGEMENT DEVELOPMENT COMMITTEE ANNUALLY. AN OUTSIDE CONSULTANT IS USED EVERY OTHER YEAR TO DETERMINE THE REASONABLENESS OF OFFICER AND DIRECTOR COMPENSATION. A REPORT IS PROVIDED TO THE BOARD OF DIRECTORS BY THE CONSULTANT. IN YEARS WHEN AN OUTSIDE CONSULTANT IS NOT USED, THE MANAGEMENT DEVELOPMENT COMMITTEE REVIEWS SURVEY INFORMATION TO DETERMINE THE REASONABLENESS OF OFFICER AND DIRECTOR COMPENSATION. THE BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION BASED ON THESE REVIEWS. OFFICERS FOR WHICH THIS PROCESS IS USED ARE THE CEO, COO AND CFO. THE SALARIES AND BENEFITS LISTED CONTAIN THE TOTAL SALARIES AND BENEFITS PAID TO EACH INDIVIDUAL THROUGH LIFESPACE COMMUNITIES, INC. AND ALL RELATED ENTITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | REQUESTS FROM THIRD PARTIES FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE REFERRED TO THE CHIEF FINANCIAL OFFICER. ANNUAL RETURNS AND THE APPLICATION FOR EXEMPTION ARE MADE AVAILABLE FOR PUBLIC INSPECTION AND ARE PROVIDED TO INDIVIDUALS WHO REQUEST THEM. COPIES ARE PROVIDED WITHIN 30 DAYS OF A WRITTEN REQUEST OR THE SAME DAY IF REQUESTED IN PERSON. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| LIFESPACE COMMUNITIES INC | |||||||||
| 100 EAST GRAND AVENUE SUITE 200 | DES MOINES | IA | 50309 | 421068850 | OPERATION OF RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 9 | 0 |
| THE LIFESPACE FOUNDATION | |||||||||
| 100 EAST GRAND AVENUE SUITE 200 | DES MOINES | IA | 50309 | 421370848 | SUPPORT OF RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 11A, I | 0 |
| LIFESPACE INC | |||||||||
| 100 EAST GRAND AVENUE SUITE 200 | DES MOINES | IA | 50309 | 273270337 | OWNERSHIP & ADMINISTRATION OF RETIREMENT COMMUNITY PROPERTY | IA | 501(C)(3) | LINE 11B, II | 0 |
| LIFESPACE MANAGEMENT INC | |||||||||
| 100 EAST GRAND AVENUE SUITE 200 | DES MOINES | IA | 50309 | 273271283 | MANAGEMENT OF RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 11B, II | 0 |
| LIFESPACE SERVICES INC | |||||||||
| 100 EAST GRAND AVENUE SUITE 200 | DES MOINES | IA | 50309 | 273271147 | HEALTH SERVICES AND PROGRAMS FOR RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 9 | 0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| TRUST AGREEMENT NO ONE | |||||||||
| 1703-1787 PLEASANT DRIVE | NORTH PALM BEACH | FL | 33408 | 597140558 | PROPERTY PURCHASING ENTITY | FL | N/A | T | 0 |
| PRAIRIE VIEW CLUB OF KANSAS | |||||||||
| 8101 MISSION RD | PRAIRIE VILLAGE | KS | 66208 | 481159378 | RESIDENT ENTERTAINMENT SERVICES | KS | N/A | C | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| THE LIFESPACE FOUNDATION | |
| C | 17527 |
| LIFESPACE COMMUNITIES INC | |
| C | 5435000 |
| LIFESPACE COMMUNITIES INC | |
| P | 447045 |
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