2012-05-14T09:56:02-05:00 2011-09-30 CLIFTONLARSONALLEN LLP 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2010-10-01 570327887 LUTHERAN HOMES OF SOUTH CAROLINA INC LUTH 8037495110 300 MINISTRY DRIVE IRMO SC 29063 PARKE B HORTON 8037495110 2012-05-14 1 GREGORY W JOHNS 7049985200 2010 2016-02-24 21:20:13Z THOMAS E BROWN JR 300 MINISTRY DRIVE IRMO SC 29063 68652081 0 X WWW.LUTHERANHOMESSC.ORG X 1924 SC PROMOTE THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE AND HOSPICE SERVICES. 16 16 1623 1250 -2845 -2845 2139191 1485360 60280193 61830546 214176 198556 4977011 4986550 67610571 68501012 0 0 0 0 32427714 33888190 0 0 0 32845613 33593564 65273327 67481754 2337244 1019258 126849049 122793990 138549299 133478093 -11700250 -10684103 X LHSC OPERATES AS A MINISTRY OF THE SC SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. MISSION: BELIEVING IN THE PRESENCE OF GOD, THE VALUE OF HUMAN LIFE AND THE DIGNITY OF THE INDIVIDUAL, THE MISSION OF LUTHERAN HOMES OF SOUTH CAROLINA, AS A MINISTRY OF THE CHURCH, IS TO PROMOTE THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE AND HOSPICE SERVICES. 0 0 53861813 57137676 CONTINUING CARE RETIREMENT COMMUNITYLUTHERAN HOMES SERVED 1,374 RESIDENTS BY PROVIDING 250 ACTIVE LIFESTYLE HOMES, DUPLEXES AND APARTMENTS, 136 INDEPENDENT LIVING RENTAL APARTMENTS, 230 ASSISTED-LIVING UNITS, 98 ASSISTED-LIVING MEMORY SUPPORT UNITS, 14 SKILLED NURSING MEMORY SUPPORT BEDS AND 310 SKILLED NURSING BEDS. A GRANT PROGRAM WITH IT'S AFFILIATED FOUNDATION SUBSIDIZES 46 RESIDENTS WHO WERE UNABLE TO PAY FULL CHARGES OR QUALIFY FOR GOVERNMENT ASSISTANCE. LUTHERAN HOMES OF SOUTH CAROLINA, INC. HAS A RESIDENTIAL COMMUNITY IN AIKEN.HERITAGE AT LOWMAN, CCRCBENZIE T. RICE HOME, CCRCFRANKE AT SEASIDE, CCRCROSECREST, CCRC 6413287 6894608 HOSPICELUTHERAN HOMES PROVIDED CARE FOR APPROXIMATELY 280 TERMINALLY ILL PATIENTS AND OVER 1,160 FAMILY MEMBERS AND CAREGIVERS. 2276598 2299332 HOME SERVICESLUTHERAN HOMES PROVIDED IN-HOME SUPPORTIVE SERVICES FOR 306 INDIVIDUALS AND THEIR FAMILIES. 62551698 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 98 0 1623 1 1 1 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 SC X X PARKE B HORTON CFO 8037495110 300 MINISTRY DRIVE IRMO SC 29063 REV ROBERT BYRNE 1.00 X 0 0 0 BRUCE SHEALY 1.00 X 0 0 0 LUTHER BOLIEK 1.00 X 0 0 0 LIB CARSWELL 1.00 X 0 0 0 JEWELL EANES 1.00 X 0 0 0 KATHARINE GIBB 1.00 X 0 0 0 WILLIAM GILBERT 1.00 X 0 0 0 RICHARD MOOSE 1.00 X 0 0 0 RICHARD ORVIN 1.00 X 0 0 0 BOB SOHL 1.00 X 0 0 0 DONNA SCARBORO 1.00 X 0 0 0 DR PHILIP WESSINGER 1.00 X 0 0 0 DR DONNA MILLER POTTS 1.00 X 0 0 0 HARRIETTE WUNDER 1.00 X 0 0 0 GINNY HULTQUIST 1.00 X 0 0 0 REV HERMON YOOS 1.00 X 0 0 0 DR THOMAS E BROWN JR 45.00 X 270492 0 11136 PARKE B HORTON 45.00 X 174168 0 11474 MELISSA YETTER 45.00 X 127051 0 7202 REV ROBERT G COON 45.00 X 125618 0 9049 PAUL WITTE 45.00 X 102733 0 5866 800062 0 44727 5 0 1 0 FUNCTIONAL PATHWAYS 317 EBENEZER ROAD 7 KNOXVILLE TN 37923 THERAPY SERVICES 2453257 CASTLEKEEPERS 2030 HARLEY STREET CHARLESTON SC 29415 HOUSEKEEPING SERVICES 443609 CHARLESTON LAWN 1913 HERBET STREET CHARLESTON SC 29405 GROUNDS MAINTENANCE 193850 LANDSCAPE CONCEPTS PO BOX 924 IRMO SC 29063 GROUNDS MAINTENANCE 161763 LARSONALLEN 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 ACCOUNTING AUDIT 103045 5 834725 650635 1485360 PROGRAM REVENUE 623000 59442513 59442513 AMORTIZATION REVENUE 623000 2388033 2388033 61830546 198556 198556 50859 117162 31062 120007 19797 -2845 16952 -2845 19797 MANAGEMENT FEE 541610 4501070 4501070 468528 468528 4969598 68501012 66331616 -2845 686881 444660 444660 26991194 24200283 2790911 62411 2768 59643 4301364 3975924 325440 2088561 1879875 208686 4498070 4498070 60961 60961 117190 117190 4545299 4415516 129783 425742 352982 72760 888193 689160 199033 368338 51318 317020 2823602 2732013 91589 490371 405480 84891 3120 1053 2067 4741937 4544149 197788 4852381 4602840 249541 1008650 985897 22753 PROGRAM SUPPLIES 2933118 2933118 FOOD SUPPLIES 2672919 2672919 BUILDING, EQUIPMENT, GR 1592441 1592441 ROOM AND BOARD EXPENSE 710977 710977 BEAUTICIAN EXPENSE 292592 292592 567663 567663 67481754 62551698 4930056 0 1215061 1449631 1087852 2674122 2851289 190469 191139 783697 760862 155842550 50117888 108556354 105724662 0 10070857 9960155 0 2270637 1856252 126849049 122793990 6641457 6117070 43741964 43896933 81562057 79279150 6008837 3459596 594984 725344 138549299 133478093 X -11700250 -10684103 -11700250 -10684103 126849049 122793990 1019258 -3111 X X 0 1 1 X 0 X 2228906 1534730 1193786 2139191 1485360 8581973 55778615 56397893 57767194 60280193 61830546 292054441 58007521 57932623 58960980 62419384 63315906 300636414 0 0 0 300636414 830430 417627 241217 214176 198556 1902006 830430 417627 241217 214176 198556 1902006 1843835 4463174 4698623 4977011 4986550 20969193 60681786 62813424 63900820 67610571 68501012 323507613 0.92930 0.93010 0.00590 0.00690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3497275 3497275 134816661 46678667 88137994 292642 19006 273636 12043368 2211975 9831393 5192604 1208240 3984364 105724662 INVESTMENT IN SUBSIDIARY 153796 F INVESTMENTS 9806359 F 9960155 FUNDS HELD FOR RESIDENTS 120635 ASSET RETIREMENT OBLIGATION 208982 THIRD PARTY PAYABLES 307727 DUE TO AFFILIATE 88000 725344 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE LUTHERAN HOMES OF SOUTH CAROLINA, INC. AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE, AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION'S INCOME TAX RETURNS FOR 2008, 2009 AND 2010 ARE OPEN FOR INSPECTION BY TAXING AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INCOME TAX STANDARD. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED SEPTEMBER 30, 2011 OR 2010. X X X X X 0 0 0 0 0 1 0 0 0 DR THOMAS E BROWN JR 262652 0 5624 0 2216 0 11136 0 0 0 281628 0 0 0 PARKE B HORTON 168273 0 5375 0 520 0 11474 0 0 0 185642 0 0 0 PART I, LINE 6 THE ORGANIZATION HAS A BOARD APPROVED EXECUTIVE INCENTIVE PROGRAM. THE INCENTIVE AMOUNTS ARE BASED ON ACHIEVING VARIOUS QUALITY AND FINANCIAL MEASURMENTS. THE FINANCIAL MEASUREMENTS INCLUDE ACHIEVING THE BUDGET DEBT COVERAGE RATIO AND NET OPERATING MARGIN RATIO. THOMAS BROWN, JR. RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $5,624 DURING FISCAL YEAR 2011. PARKE HORTON RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $5,375 DURING FISCAL YEAR 2011. MELISSA YETTER RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $2,967 DURING FISCAL YEAR 2011. ROBERT COON RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $10,111 DURING FISCAL YEAR 2011. PAUL WITTE RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT $3,818 DURING FISCAL YEAR 2011. LUTHERAN HOMES OF SOUTH CAROLINA INC 570327887 837033AJ0 2007-07-12 43082510 REFINANCING AND RENOVATIONS 1 0 0 LUTHERAN HOMES OF SOUTH CAROLINA INC 570327887 837033FA2 1998-10-10 47088033 REFUND PRIOR BOND AND PAY ISSUANCE COSTS 0 0 0 43082510 3135317 37330399 861650 1755144 2009 1 1 1 1 47088033 3124523 43021749 941761 1998 1 1 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A EIGHT MEMBERS ARE APPOINTED BY INCUMBENT BOARD. EIGHT MEMBERS ARE APPOINTED BY THE SC SYNOD IN WHICH THE BISHOP OF THE SC SYNOD IS VOTING MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING AND THE FULL BOARD IS PROVIDED A COPY. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, KEY EMPLOYEES AND TRUSTEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. TRUSTEES DO NOT VOTE IN MATTERS WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO, COMPENSATION IS BASED ON AN EXTERNAL COMPENSATION CONSULTANT'S REPORT AND THE COMPENSATION COMMITTEE OF BOARD REVIEWS AND RECOMMENDS THE SALARY OF THE CEO TO THE FULL BOARD FOR APPROVAL. FOR OTHER OFFICERS OR KEY EMPLOYEES, THE CEO DETERMINES THE COMPENSATION USING THE EXTERNAL COMPENSATION CONSULTANT'S REPORT. THIS PROCESS WAS LAST PERFORMED IN 2009. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC 300 MINISTRY DRIVE IRMO SC 29063 570342978 SUPPORT LHSC SC 501(C)(3) 509(A)(3) N/A 0 LUTHERAN SERVICES INC 300 MINISTRY DRIVE IRMO SC 29063 570927309 RENTAL MANAGEMENT SC N/A C 8699 153796 1.00000 0 0 1 0 1 0 0 0 1 0 1 1 1 1 0 1 0 0 LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC C 834725 TRANSFER LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC N 425262 INTERNAL ALLOCATION