AIR FORCE RETIRED OFFICERS COMMUNITY-WASHINGTON DC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: AIR FORCE RETIRED OFFICERS COMMUNITY-WASHINGTON DC (EIN 52-1404857)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-10-25
IRS object ID: 201222999349300447
Schema version: 2011v1.2
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 O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-10-25T17:20:18-00:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	521404857	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	AIR FORCE RETIRED OFFICERS COMMUNITY - WASHINGTON DC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	AIRF	NameControl
Phone	7034045145	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	20522 FALCONS LANDING CIRCLE	AddressLine1
City	POTOMAC FALLS	City
State	VA	State
ZIP Code	20165	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	HARDY M LISTER	Name
Title	Chief Financial Officer	Title
Phone	7034045145	Phone
Date Signed	2012-10-25	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	FALCONS LANDING	BusinessNameLine1

Name Of Principal Officer Business NameOfPrincipalOfficerBusiness

Field	Value	IRS element (for citing)
Business Name Line1	BARBARA BRANNON	BusinessNameLine1

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	20522 Falcons Landing Circle	AddressLine1
City	Potomac Falls	City
State	VA	State
ZIP Code	20165	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	27422712	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	www.falconslanding.org	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1984	YearFormation
State Legal Domicile	VA	StateLegalDomicile
Activity Or Mission Description	Falcons Landing provides housing and services via a Continuing Care Retirement Community to retired military officers and their spouses.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	11	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	11	NbrIndependentVotingMembers
Total Nbr Employees	370	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	324591	ContributionsGrantsPriorYear
Contributions Grants Current Year	442961	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	26397101	ProgramServiceRevenuePriorYear
Program Service Revenue CY	26711902	ProgramServiceRevenueCY
Investment Income Prior Year	310035	InvestmentIncomePriorYear
Investment Income Current Year	266436	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	27031727	TotalRevenuePriorYear
Total Revenue Current Year	27421299	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	67866	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	66501	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	12194430	SalariesEtcPriorYear
Salaries Etc Current Year	12499021	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	13280179	OtherExpensePriorYear
Other Expenses Current Year	13198905	OtherExpensesCurrentYear
Total Expenses Prior Year	25542475	TotalExpensesPriorYear
Total Expenses Current Year	25764427	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1489252	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1656872	RevenuesLessExpensesCY
Total Assets BOY	75654142	TotalAssetsBOY
Total Assets EOY	75416058	TotalAssetsEOY
Total Liabilities BOY	100961971	TotalLiabilitiesBOY
Total Liabilities EOY	99587954	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-25307829	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	-24171896	NetAssetsOrFundBalancesEOY
Mission Description	Mission is to operate a first-class, not-for-profit, continuing care retirement community for the 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.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	12595358	Expense
Grants	38400	Grants
Revenue	18016997	Revenue
Description	Provide housing, food and other services to 409 independent living residents of a retirement community.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	10585735	Expense
Grants	18101	Grants
Revenue	8356626	Revenue
Description	Provide housing, nursing, food and other services to 124 health center residents of a retirement community.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	10000	Expense
Grants	10000	Grants
Description	14,532 hours of resident volunteer hours to the community valued at 316,652, including the AARP Tax Aide Program, Meals on Wheels, Support to Public School Programs such as Head Start, Sewing adaptive clothing for wounded soldiers, Handmade Teddy Bears for the Fire Rescue and Loudoun Hospital, Special Olympics and many other programs. 77,670 in resident donations to the local Fire Rescue Squad. 24,850 of donations by the resident chapel committee to various local charities. Invited the local community to performing arts events and the annual health and wellness fair and provided auditorium and meeting room space to several not-for-profit organizations. Awarded 10,000 in scholarships to Loudoun County High School Seniors.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	23191093	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	true	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	true	GrantsToIndividuals
Schedule J Required	true	ScheduleJRequired
Tax Exempt Bonds	true	TaxExemptBonds
Invest Tax Exempt Bonds	false	InvestTaxExemptBonds
Escrow Account	false	EscrowAccount
On Behalf Of Issuer	false	OnBehalfOfIssuer
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	51	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	370	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	11	NbrVotingGoverningBodyMembers
Number Independent Voting Members	11	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	VA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	Hardy Lister	NamePerson
Telephone Number	7034045145	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	20522 Falcons Landing Circle	AddressLine1
City	Potomac Falls	City
State	VA	State
ZIP Code	20165	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	Highest Compensated EmployeeHighestCompensatedEmployee	Individual Trustee Or DirectorIndividualTrusteeOrDirector
BARBARA BRANNON
PRESIDENT/CEO	040.00	X	203058	0	31536
HARDY LISTER
CFO	040.00	X	168530	0	9398
ELIZABETH HAMILTON
HEALTH CENTER ADMINISTRATOR	040.00		108136	0	5837	X
ANN MECHERIKUNNEL
MEDICAL DIRECTOR	020.00		133252	0	0	X
PETER PLANTE
PLANT OPERATIONS DIRECTOR	040.00		110543	0	3043	X
FRED SIMPSON
HUMAN RESOURCES DIRECTOR	040.00		102756	0	4462	X
LLENA PEREZ
DIRECTOR OF NURSING	040.00		102964	0	1944	X
HARLAN WILDER
DIRECTOR	005.00		0	0	0		X
GEORGE TAYLOR JR
CHAIRMAN	005.00	X	0	0	0		X
PAT DUNNE
SECRETARY	005.00	X	0	0	0		X
JAMES MANKER
TREASURER	005.00	X	0	0	0		X
MIKE ROSSI
DIRECTOR	005.00		0	0	0		X
BARBARA GOODWIN
DIRECTOR	005.00		0	0	0		X
ELIZABETH ANN HARRELL
DIRECTOR	005.00		0	0	0		X
PATRICK BURNS
DIRECTOR	005.00		0	0	0		X
WILLIAM TIMME
VICE CHAIRMAN	005.00	X	0	0	0		X
MARIA OWENS
DIRECTOR	005.00		0	0	0		X
THOMAS STEELE
DIRECTOR	005.00		0	0	0		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	929239	TotalReportableCompFromOrg
Total Other Compensation	56220	TotalOtherCompensation
Number Individuals GT100 K	7	NumberIndividualsGT100K
Formers Listed	false	FormersListed
Total Comp GT150 K	true	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressForeign/AddressLine1	CityAddressOfContractor/AddressForeign/City	Province Or StateAddressOfContractor/AddressForeign/ProvinceOrState	CountryAddressOfContractor/AddressForeign/Country	Postal CodeAddressOfContractor/AddressForeign/PostalCode	Description Of ServicesDescriptionOfServices	CompensationCompensation	Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode
Quality Carpet and Rug
14043 Crown Court	Woodbridge	VA	AF	22183	Carpet	296985
Generations Salon Services
					Beauty Salon	158126	224 Lakeside Drive	Horsham	PA	19044
Town & Country Landscaping
					Landscaping	203525	8096 Telegraph Road	Lorton	VA	22199
Rehab Care Group Inc
					Rehabilitative Therapies	1016864	PO Box 503534	St Louis	MO	63150
Best Choice Construction
					Construction	516580	6710 Hopewell Avenue	Springfield	VA	22150

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	5	NumberOfContractorsGT100K
All Other Contributions	442961	AllOtherContributions
Total Contributions	442961	TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	ExclusionExclusionAmount
Earned Entrance Fees	623990	4162340	4162340
Monthly Maintenance Fees	623990	13854657	13854657
Healthcare Service Fees	623990	8356626	8356626
Other Program Service Revenue	623990	338279		$338,279

Field	Value	IRS element (for citing)
Total Program Service Revenue	26711902	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	267849	TotalRevenueColumn
Exclusion	$267,849	ExclusionAmount

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Other	1413	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Other	-1413	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	-1413	TotalRevenueColumn
Exclusion	-$1,413	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	27421299	TotalRevenueColumn
Related Or Exempt Function Income	26373623	RelatedOrExemptFunctionIncome
Exclusion	$604,715	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	0	Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	66501	Total
Program Services	66501	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	0	Total

Benefits To Members BenefitsToMembers

Field	Value	IRS element (for citing)
Total	0	Total

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	414318	Total
Management And General	414318	ManagementAndGeneral

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10115437	Total
Program Services	9186764	ProgramServices
Management And General	928673	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	156145	Total
Program Services	145184	ProgramServices
Management And General	10961	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	999503	Total
Program Services	941262	ProgramServices
Management And General	58241	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	813618	Total
Program Services	726773	ProgramServices
Management And General	86845	ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1665	Total
Management And General	1665	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	87394	Total
Management And General	87394	ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Fees For Services Prof Fundraising		FeesForServicesProfFundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	0	Total

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	725344	Total
Program Services	719624	ProgramServices
Management And General	5720	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	108618	Total
Program Services	1709	ProgramServices
Management And General	106909	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	103336	Total
Program Services	45601	ProgramServices
Management And General	57735	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	320144	Total
Program Services	52913	ProgramServices
Management And General	267231	ManagementAndGeneral

Royalties Royalties

Field	Value	IRS element (for citing)
Total	0	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	999722	Total
Program Services	999722	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	6003	Total
Program Services	826	ProgramServices
Management And General	5177	ManagementAndGeneral

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

Field	Value	IRS element (for citing)
Total	0	Total

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	56026	Total
Program Services	32639	ProgramServices
Management And General	23387	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	2926519	Total
Program Services	2926519	ProgramServices

Payments To Affiliates PaymentsToAffiliates

Field	Value	IRS element (for citing)
Total	0	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	3843870	Total
Program Services	3843870	ProgramServices

Insurance Insurance

Field	Value	IRS element (for citing)
Total	400705	Total
Management And General	400705	ManagementAndGeneral

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
Maintenance	60114	60114
Food	1294477	1294477
Medicare Costs	1274714	1274714

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	990254	Total
Program Services	871881	ProgramServices
Management And General	118373	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	25764427	Total
Program Services	23191093	ProgramServices
Management And General	2573334	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	394588	BOY
EOY	122506	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	9479820	BOY
EOY	6878900	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	914312	BOY
EOY	766585	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	983444	BOY
EOY	997392	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	101876570	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	49730422	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	49236622	BOY
EOY	52146148	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	14376171	BOY
EOY	14194242	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	269185	BOY
EOY	310285	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	75654142	BOY
EOY	75416058	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	23645543	BOY
EOY	22795243	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	28399256	BOY
EOY	29544918	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	48151172	BOY
EOY	46513793	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	766000	BOY
EOY	734000	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	100961971	BOY
EOY	99587954	EOY

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-25543429	BOY
EOY	-24594590	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	235600	BOY
EOY	422694	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-25307829	BOY
EOY	-24171896	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	75654142	BOY
EOY	75416058	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1656872	ReconcilationRevenueExpenses
Reconcilation Other Changes	-520939	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2
Public Support Total170	0	PublicSupportTotal170
Public Support Pertcentage170	0.00000	PublicSupportPertcentage170

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	263670	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	217893	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	275261	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	324591	CurrentTaxYearMinus1Year
Current Tax Year	442961	CurrentTaxYear
Total	1524376	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	23216802	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	23821356	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	24559255	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26087379	CurrentTaxYearMinus1Year
Current Tax Year	26373623	CurrentTaxYear
Total	124058415	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	23480472	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	24039249	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	24834516	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26411970	CurrentTaxYearMinus1Year
Current Tax Year	26816584	CurrentTaxYear
Total	125582791	Total

Field	Value	IRS element (for citing)
Public Support Total509	125582791	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	732096	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	450264	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	240168	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	310035	CurrentTaxYearMinus1Year
Current Tax Year	267849	CurrentTaxYear
Total	2000412	Total

Post1975 UBTI Post1975UBTI

Field	Value	IRS element (for citing)
Total	0	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	732096	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	450264	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	240168	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	310035	CurrentTaxYearMinus1Year
Current Tax Year	267849	CurrentTaxYear
Total	2000412	Total

Net Income From Other UBI NetIncomeFromOtherUBI

Field	Value	IRS element (for citing)
Total	0	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	225241	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	309248	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	331844	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	309722	CurrentTaxYearMinus1Year
Current Tax Year	338279	CurrentTaxYear
Total	1514334	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	24437809	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	24798761	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	25406528	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	27031727	CurrentTaxYearMinus1Year
Current Tax Year	27422712	CurrentTaxYear
Total	129097537	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.97280	PublicSupportPercentage509
Prior Year Support Percentage	0.97040	PriorYearSupportPercentage
Investment Income Percentage	0.01550	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.01780	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509
Facts And Circumstances Test	Part III Line 12 Other Income - from the Beauty Salon, Internet Service, Guest Meals, Guest Rooms, Employee Meals, etc.	FactsAndCircumstancesTest

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	6963112	OtherCostOrOtherBasis
Book Value	6963112	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	74256985	OtherCostOrOtherBasis
Depreciation	39790305	Depreciation
Book Value	34466680	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	16010302	OtherCostOrOtherBasis
Depreciation	7180082	Depreciation
Book Value	8830220	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4646171	OtherCostOrOtherBasis
Depreciation	2760035	Depreciation
Book Value	1886136	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	52146148	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	Priority Deposits	Description
Amount	$734,000	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	734000	TotalOfAmounts
Total Revenue	27421299	TotalRevenue
Total Expenses	25764427	TotalExpenses
Excess Or Deficit For Year	1656872	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-520939	NetUnrealizedGLOnInvestments
Total Adjustments	-520939	TotalAdjustments
Excess Or Deficit Per FS	1135933	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	26900360	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-520939	NetUnrealizedGainsInvestments
Revenue Not Rptd F990	-520939	RevenueNotRptdF990
Revenue Subtotal	27421299	RevenueSubtotal
Total Revenue Per Form990	27421299	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	25764427	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	25764427	ExpensesSubtotal
Total Expenses Per Form990	25764427	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
X	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 authoriites, based on the technical merits of the position.
X	2	Management evaluated AFROCs 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 this guidance. Generally, AFROC is no longer subject to income tax examinations by the U.S., federal, state or local tax authorities before 2007.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII (2 entries)

Type Of GrantTypeOfGrant	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant
Financial Assistance	2	56501
High School Scholarship	10	10000

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	I	Identifier
Return Reference	2A	ReturnReference
Explanation	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 Finance Committee and then to the full Board of Directors for review and approval.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	false	SeverancePayment
Supplemental Nonqual Retire Plan	false	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	false	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	false	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	false	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	false	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	false	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	false	AnyNonFixedPayments
Initial Contract Exception	false	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Deferred Comp Filing OrgDeferredCompFilingOrg	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Total Compensation Filing OrgTotalCompensationFilingOrg
BARBARA BRANNON
203058	26693	4843	234594
HARDY LISTER
168530	4760	4638	177928

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Industrial Development Authority of Loudoun County Virginia	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	521310230	IssuerEIN
CUSIP Number	54589PCA6	CUSIPNumber
Date Issued	2004-08-01	DateIssued
Issue Price	56900000	IssuePrice
Description Of Purpose	Provide funds to refund March 1, 1998 IDA of Loudoun Co, VA Residential Care Facility Refunding Reve	DescriptionOfPurpose
Defeased	false	Defeased
On Behalf Of Issuer	true	OnBehalfOfIssuer

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Amount Retired	10040015	AmountRetired
Total Proceeds	56675015	TotalProceeds
Refunding Escrow	56675015	RefundingEscrow
Year Of Subst Completion	1996	YearOfSubstCompletion
Current Refunding	true	CurrentRefunding
Advance Refunding	false	AdvanceRefunding
Final Allocation Made	true	FinalAllocationMade
Adequate Books And Recds Maintaind	true	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	true	Form8038TFiled
Variable Rate Issue	false	VariableRateIssue
Hedge Identified In Books And Recds	false	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGIC
Gross Proceeds Invested	false	GrossProceedsInvested
Exception To Rebate	false	ExceptionToRebate

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Form 990 Part IV	19	Governing documents, conflict of interest policy and financial statements are available by contacting the Falcons Landing Business Office
Form 990 Part VI	11b	Form 990 prepared by the CFO, reviewed by the Audit and Finance Committee and Auditor and presented to the Board of Directors
Form 990 Part VI	15a	The process for determining compensation for the President/CEO involves a review of comparable salaries in the industry and her compensation requires approval by the Board of Directors
Form 990 Part XI	5	Other changes in net assets are entirely unrealized gains on investments
Form 990 Part VI	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 jeoparidize their responsibilities at Falcons Landing.
		Form 990 Part IV Section C Line 19 Governing documents, conflict of interest policy and financial statements are available by contacting the Falcons Landing Business Office Form 990 Part VI Section B Line 11b Form 990 prepared by the CFO, reviewed by the Audit and Finance Committee and Auditor and presented to the Board of Directors Form 990 Part VI Section B Line 15a The process for determining compensation for the President/CEO involves a review of comparable salaries in the industry and her compensation requires approval by the Board of Directors Form 990 Part XI Line 5 Other changes in net assets are entirely unrealized gains on investments 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 jeoparidize their responsibilities at Falcons Landing.