LUTHERAN SENIOR CITIZENS INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- LUTHERAN SENIOR CITIZENS INC (EIN 73-1032864)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-13
- IRS object ID
- 201233189349301823
- Schema version
- 2011v1.3
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-13T10:38:52-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANE GORMAN TRUBITT PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2626 HOWELL STREET SUITE 700 | AddressLine1 |
| City | DALLAS | City |
| State | TX | State |
| ZIP Code | 752044064 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 731032864 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LUTHERAN SENIOR CITIZENS INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % JEROD BUTTRAM | InCareOfName |
| Name Control | LUTH | NameControl |
| Phone | 4056076135 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7707 W BRITTON ROAD | AddressLine1 |
| City | OKLAHOMA CITY | City |
| State | OK | State |
| ZIP Code | 73132 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES C ENDICOTT | Name |
| Title | TREASURER | Title |
| Date Signed | 2012-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | James R Smith | Name |
| Phone | 2148717500 | Phone |
| 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 | CONCORDIA LIFECARE COMMUNITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | DANIEL EISCHEN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7707 BRITTON ROAD | AddressLine1 |
| City | OKLAHOMA CITY | City |
| State | OK | State |
| ZIP Code | 73132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 8194971 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CONCORDIASENIORLIVING.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1959 | YearFormation |
| State Legal Domicile | OK | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE THE HIGHEST QUALITY RESIDENTIAL LIVING ENVIRONMENT FOR SENIOR CITIZENS, FEATURING PERSONAL SERVICES, INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 211 | TotalNbrEmployees |
| Total Nbr Volunteers | 30 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3430 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2685 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 7210918 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 7983563 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 155597 | InvestmentIncomePriorYear |
| Investment Income Current Year | 155628 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 48913 | OtherRevenuePriorYear |
| Other Revenue Current Year | 53095 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 7418858 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8194971 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5096 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 2729 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3222888 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 3344115 | 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 | 5375698 | OtherExpensePriorYear |
| Other Expenses Current Year | 5667555 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 8603682 | TotalExpensesPriorYear |
| Total Expenses Current Year | 9014399 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1184824 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -819428 | RevenuesLessExpensesCY |
| Total Assets BOY | 39672823 | TotalAssetsBOY |
| Total Assets EOY | 38898651 | TotalAssetsEOY |
| Total Liabilities BOY | 47527758 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 47598829 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -7854935 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -8700178 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE THE HIGHEST QUALITY RESIDENTIAL LIVING ENVIRONMENT FOR SENIOR CITIZENS, FEATURING PERSONAL SERVICES, INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 7970213 | Expense |
| Revenue | 8036658 | Revenue |
| Description | A CONTINUING CARE RETIREMENT COMMUNITY (LIFE CARE COMMUNITY) FEATURING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING. | Description |
| Total Program Service Expense | 7970213 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | 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 | true | ReportOtherAssets |
| Report Other Liabilities | false | 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 | false | GrantsToIndividuals |
| Schedule J Required | false | 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 |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 32 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 211 | 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 | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JEROD BUTTRAM | NamePerson |
| Telephone Number | 4057207200 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7707 BRITTON ROAD | AddressLine1 |
| City | OKLAHOMA CITY | City |
| State | OK | State |
| ZIP Code | 73132 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| REV FRED MUENCHOW | ||||||
| CHAPLAIN | 1.0 | X | ||||
| DR JOHN A L CAMPBELL | ||||||
| PRESIDENT | 5.0 | X | X | |||
| JOHN LIPPERT | ||||||
| VICE PRESIDENT | 1.0 | X | X | |||
| ROBERT H KASTENS | ||||||
| SECRETARY | 1.0 | X | X | |||
| JAMES C ENDICOTT | ||||||
| TREASURER | 4.0 | X | X | |||
| ROBERT NAMKEN | ||||||
| ASSISTANT TREASURER | 1.0 | X | ||||
| REV HAROLD KAMMAN | ||||||
| PARLIAMENTARIAN | 1.0 | X | ||||
| ELOISE JONES | ||||||
| DIRECTOR | 1.0 | X | ||||
| REV RON CHRISTIE | ||||||
| DIRECTOR | 1.0 | X | ||||
| JOHN GEMMER | ||||||
| DIRECTOR | 1.0 | X | ||||
| MARILYN GROH | ||||||
| DIRECTOR | 1.0 | X | ||||
| MARION MAZZO | ||||||
| DIRECTOR | 1.0 | X | ||||
| GARY STORK | ||||||
| DIRECTOR | 1.0 | X | ||||
| ELIZABETH SEAMAN | ||||||
| DIRECTOR | 1.0 | X | ||||
| BYRONA MAULE MEYER | ||||||
| DIRECTOR | 1.0 | X | ||||
| HAL HOEFNER | ||||||
| DIRECTOR | 1.0 | X | ||||
| REV MARVIN HENSCHEL | ||||||
| DIRECTOR | 1.0 | X | ||||
| DAVID SEAMAN | ||||||
| DIRECTOR | 1.0 | X | ||||
| DANIEL EISCHEN | ||||||
| EXECUTIVE DIRECTOR | 40.0 | X | 110517 | 0 | 5221 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 110517 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 5221 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| GREYSTONE COMMUNITIES INC | |||||
| 222 W LAS COLINAS BLVD | IRVING | TX | 75039 | MANAGEMENT SERVICES | 171451 |
| REHABCARE GROUP INC | |||||
| 7733 FORSYTH BLVD STE 2300 | ST LOUIS | MO | 63105 | THERAPY SERVICES | 209392 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| All Other Contributions | 2685 | AllOtherContributions |
| Total Contributions | 2685 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RESIDENT SERVICES | Description |
| Business Code | 623000 | BusinessCode |
| Total Revenue Column | 7983563 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7983563 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 7983563 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92556 | TotalRevenueColumn |
| Exclusion | $92,556 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 63072 | TotalRevenueColumn |
| Exclusion | $63,072 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| RENTALS | 531110 | 14595 | 14595 |
| MEAL REVENUE | 722100 | 18322 | 18322 |
| MISCELLANEOUS | 900099 | 5354 | 5354 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14824 | TotalRevenueColumn |
| Related Or Exempt Function Income | 14824 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 53095 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8194971 | TotalRevenueColumn |
| Related Or Exempt Function Income | 8036658 | RelatedOrExemptFunctionIncome |
| Exclusion | $155,628 | 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 | 2729 | Total |
| Program Services | 2729 | 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 | 115738 | Total |
| Program Services | 104164 | ProgramServices |
| Management And General | 11574 | 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 | 2636482 | Total |
| Program Services | 2372834 | ProgramServices |
| Management And General | 263648 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 342972 | Total |
| Program Services | 308675 | ProgramServices |
| Management And General | 34297 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 248923 | Total |
| Program Services | 224031 | ProgramServices |
| Management And General | 24892 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 185730 | Total |
| Management And General | 185730 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4422 | Total |
| Program Services | 3980 | ProgramServices |
| Management And General | 442 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19057 | Total |
| Program Services | 17151 | ProgramServices |
| Management And General | 1906 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8786 | Total |
| Program Services | 7907 | ProgramServices |
| Management And General | 879 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 503016 | Total |
| Program Services | 452714 | ProgramServices |
| Management And General | 50302 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 43236 | Total |
| Program Services | 38912 | ProgramServices |
| Management And General | 4324 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 276775 | Total |
| Program Services | 249098 | ProgramServices |
| Management And General | 27677 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34214 | Total |
| Program Services | 30793 | ProgramServices |
| Management And General | 3421 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 364129 | Total |
| Program Services | 327716 | ProgramServices |
| Management And General | 36413 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 28106 | Total |
| Program Services | 25295 | ProgramServices |
| Management And General | 2811 | 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 | 435 | Total |
| Management And General | 435 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1996269 | Total |
| Program Services | 1796642 | ProgramServices |
| Management And General | 199627 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1294288 | Total |
| Program Services | 1164859 | ProgramServices |
| Management And General | 129429 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 125975 | Total |
| Program Services | 113378 | ProgramServices |
| Management And General | 12597 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| NURSING & ASSISTED LIVING | 136264 | 136264 | |
| BUILDING & GROUND MAINTENANCE | 73238 | 65914 | 7324 |
| DINING | 498235 | 498235 | |
| LONG-TERM DEBT | 43244 | 43244 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32136 | Total |
| Program Services | 28922 | ProgramServices |
| Management And General | 3214 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9014399 | Total |
| Program Services | 7970213 | ProgramServices |
| Management And General | 1044186 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 199272 | BOY |
| EOY | 774412 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4255961 | BOY |
| EOY | 1461420 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 640041 | BOY |
| EOY | 655849 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10867 | BOY |
| EOY | 11703 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 77052 | BOY |
| EOY | 78466 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 31158702 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 4423725 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27472546 | BOY |
| EOY | 26734977 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4216282 | BOY |
| EOY | 6757697 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2800802 | BOY |
| EOY | 2424127 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39672823 | BOY |
| EOY | 38898651 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 512347 | BOY |
| EOY | 914870 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13704791 | BOY |
| EOY | 13794100 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33239755 | BOY |
| EOY | 32859554 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51448 | BOY |
| EOY | 20248 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19417 | BOY |
| EOY | 10057 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47527758 | BOY |
| EOY | 47598829 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -7854935 | BOY |
| EOY | -8700178 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -7854935 | BOY |
| EOY | -8700178 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39672823 | BOY |
| EOY | 38898651 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -819428 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -25815 | 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 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 20713 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1127 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 537 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3430 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2685 | CurrentTaxYear |
| Total | 28492 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1000538 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5186299 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6571646 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7210918 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7983563 | CurrentTaxYear |
| Total | 27952964 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1021251 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5187426 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6572183 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7214348 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7986248 | CurrentTaxYear |
| Total | 27981456 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 27981456 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 339758 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 240149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 166036 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 155597 | CurrentTaxYearMinus1Year |
| Current Tax Year | 155628 | CurrentTaxYear |
| Total | 1057168 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 339758 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 240149 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 166036 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 155597 | CurrentTaxYearMinus1Year |
| Current Tax Year | 155628 | CurrentTaxYear |
| Total | 1057168 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 25516 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 42402 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 52532 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 48913 | CurrentTaxYearMinus1Year |
| Current Tax Year | 53095 | CurrentTaxYear |
| Total | 222458 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1386525 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5469977 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 6790751 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7418858 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8194971 | CurrentTaxYear |
| Total | 29261082 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.95627 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.94772 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03613 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.04273 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 46245 | OtherCostOrOtherBasis |
| Book Value | 46245 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 27465757 | OtherCostOrOtherBasis |
| Depreciation | 3198464 | Depreciation |
| Book Value | 24267293 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 685604 | OtherCostOrOtherBasis |
| Depreciation | 364709 | Depreciation |
| Book Value | 320895 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2961096 | OtherCostOrOtherBasis |
| Depreciation | 860552 | Depreciation |
| Book Value | 2100544 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 26734977 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (4 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| BOND ISSUANCE COSTS, NET | 956610 |
| CONTRACT ACQUISITION COST, NET | 1354727 |
| ACCRUED INTEREST RECEIVABLE | 39287 |
| RESIDENT DEPOSITS | 73503 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 2424127 | TotalBookValueOtherAssets |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Total Revenue | 8194971 | TotalRevenue |
| Total Expenses | 9014399 | TotalExpenses |
| Excess Or Deficit For Year | -819428 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -25815 | NetUnrealizedGLOnInvestments |
| Total Adjustments | -25815 | TotalAdjustments |
| Excess Or Deficit Per FS | -845243 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 8160370 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -25815 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | -25815 | RevenueNotRptdF990 |
| Revenue Subtotal | 8186185 | RevenueSubtotal |
| Investment Expenses Not Included | 8786 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 8786 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8194971 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 9005613 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 9005613 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 8786 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 8786 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 9014399 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ESCROW AND CUSTODIAL ARRANGEMENTS | SCHEDULE D, PART IV, LINE 2(A) | The Organization requires future residents wishing to reserve space at the community to pay a deposit of 10% of the advance fee, which will be required upon residency. The deposits are held in an interest-bearing account until residency is established at which time the resident pays the balance of the required advance fee. |
| FIN 48 (ASC 740) FOOTNOTE | SCHEDULE D, PART X, LINE 2 | FOLLOWING IS THE TEXT FROM THE FOOTNOTES OF THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS: The Organization is a nonprofit organization and is exempt from federal income tax under Section 501(c)(3) of the IRC. For the years ended December 31, 2011 and 2010, the Organization had no material unrelated business income. Accordingly, no provision for federal income tax has been made in the accompanying financial statements. Accounting principles generally accepted in the United States of America ("GAAP") require the evaluation of tax positions taken or expected to be taken in the course of preparing the Organization's tax returns to determine whether the tax positions are more likely than not of being sustained by the applicable tax authority. 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. A reconciliation is not provided herein, as the beginning and ending amounts of unrecognized benefits are zero, with no interim additions, reductions, or settlements. However, the conclusions regarding accounting for uncertainty in income taxes will be subject to review and may be adjusted at a later date based on factors including, but not limited to, ongoing analysis of tax laws, regulations, and interpretations thereof. The Organization's informational returns filed in the U.S. federal jurisdiction are generally subject to examination for three years after the later of the due date or date of filing. As a result, the Organization is no longer subject to income tax examinations by tax authorities for years prior to 2008. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Oklahoma County Finance Authority | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 731186843 | IssuerEIN |
| CUSIP Number | 67868NBW8 | CUSIPNumber |
| Date Issued | 2005-11-29 | DateIssued |
| Issue Price | 37888633 | IssuePrice |
| Description Of Purpose | CONSTRUCTION OF CCRC | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 5120000 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 40237780 | TotalProceeds |
| Amount In Reserve Fund | 2523268 | AmountInReserveFund |
| Capitalized Interest | 3596964 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 757773 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 2153149 | WorkingCapitalExpenditures |
| Capital Expenditures | 32117949 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2007 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | true | EngageBondCounselContracts |
| Any Research Agreements | false | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00200 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00200 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | true | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | false | VariableRateIssue |
| Hedge Identified In Books And Recds | false | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested In GIC | true | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AIG Matched Funding | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of GIC | 2.5 | TermOfGIC |
| Regulatory Safe Harbor Satisfied | true | RegulatorySafeHarborSatisfied |
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Form990 Schedule K Part VI Form990ScheduleKPartVI (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Additional Proceeds | Schedule K, Part II, Line 3 | Proceeds of the issue on Part II-Line 3 include investment proceeds in addition to the sales proceeds of the issue reported in Part I-Column E. |
| Management and Service Contracts | Schedule K, Part III, Line 3(A) | The organization has determined that the community's management and services contracts meet the safe harbor provisions under Rev. Proc. 97-13, 1997-1 C.B. 632. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| MANAGEMENT COMPANY | FORM 990, PART VI, SECTION A, LINE 3 | Greystone Management is an unrelated business organization engaged by the Board of Directors OF LUTHERAN SENIOR CITIZENS, INC. to provide management services. Management duties include hiring and recruiting qualified personnel, preparing annual operating budget for submission to the Board of Directors, and assisting in the preparation of monthly and annual financial reporting disclosures. The Board of Directors have final authority over the approval of the annual operating budget, approval of monthly and annual financial reporting disclosures, and oversight of the management company. |
| DOCUMENTATION OF COMMITTEES | FORM 990, PART VI, SECTION A, LINE 8(B) | THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FINANCIALS EACH MONTH. Although MINUTES ARE NOT TAKEN DURING THESE MEETINGS, the committee does keep a report of the parties present, areas of interest discussed, and parties approving the financials to present to the Board of Directors. THE FULL BOARD REVIEWS THE FINANCIALS QUARTERLY. |
| FORM 990 REVIEW PROCESS | FORM 990, PART VI, SECTION B, LINE 11 | THE Finance Committee OF LUTHERAN SENIOR CITIZENS AND GREYSTONE COMMUNITIES, THE MANAGEMENT COMPANY, REVIEW THE FORM 990 UPON COMPLETION. The finance committee review and approval of the Form 990 is completed prior to filing. |
| COMPENSATION REVIEW | FORM 990, PART VI, SECTION B, LINE 15 | GREYSTONE COMMUNITIES, THE MANAGEMENT COMPANY, AND MERIT RESOURCES PROVIDE SALARY COMPARISONS FOR THE EXECUTIVE DIRECTOR. |
| DOCUMENTS AVAILABLE TO PUBLIC | FORM 990, PART VI, SECTION C, LINE 19 | DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENTS ARE POSTED TO NATIONALLY Recognized ELECTRONIC MUNICIPAL MARKET ACCESS (EMMA). |
| TOP MANAGEMENT OFFICIAL | FORM 990, PART VII | THE EXECUTIVE DIRECTOR OF THE ORGANIZATION IS THE TOP MANAGEMENT OFFICIAL. ACCORDING TO THE FORM INSTRUCTIONS, HE IS DEEMED TO BE AN OFFICER OF THE ORGANIZATION. |
| EMPLOYEES REPORTED THROUGH OUTSOURCED PROFESSIONAL EMPLOYER ORGANIZATION | FORM 990, PART V, LINE 2(A) | The organization did not issue Form W-2s directly. THE INDIVIDUALS THAT COMPRISE THE TOTAL LISTED ON LINE 2(A) ARE CONSIDERED EMPLOYEES OF THE ORGANIZATION FOR THE PURPOSES OF PART V. HOWEVER, THE ORGANIZATION UTILIZES A PROFESSIONAL EMPLOYER ORGANIZATION, MERIT RESOURCES, INC. (EIN: 42-1368750), WHICH IS THE EMPLOYER OF RECORD. Merit Resources, Inc. ISSUES ALL W-2S AND ACTS AS AN OUTSOURCED HUMAN RESOURCES AND PAYROLL DEPARTMENT FOR THE ORGANIZATION. |
| CONFLICT OF INTEREST POLICY ENFORCEMENT AND MONITORING | FORM 990, PART VI, SECTION B, LINE 12(C) | Annually the conflict of interest policy is reviewed during a board meeting, in addition to having the necessary individuals sign the disclosure statement on an annual basis. It is the expectation that management staff AND the Management Company will bring any questionable activity to the attention of the board or AN officer. |
| MEMBERS | FORM 990, PART VI, SECTION A, LINES 6 AND 7 | The organization's by-laws provide for one class of members. The membership consists of participating church congregations within The Lutheran Church-Missouri Synod and physically located within the boundaries of The Oklahoma District of the The Lutheran Church-Missouri Synod. The Member Churches elect the board of directors and participate in other governance decisions. Each Member Church has one vote. Member Churches do not have any interest in the assets of the corporation. The by-laws may be altered, amended or repealed and new by-laws may be adopted by an affirmative vote of two-thirds (2/3) of the Member Churches voting at any meeting. The Board of Directors may propose any change to the by-laws to be voted on by the Member Churches. |
| OTHER CHANGE IN NET ASSETS | FORM 990, PART XI, LINE 5 | $25,815 UNREALIZED LOSSES ON INVESTMENTS CARRIED AT MARKET VALUE |
| SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS | FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION CHANGED THE CLAUSE IN ITS BY-LAWS REGARDING MEMBER REPRESENTATION TO INCREASE THE REPRESENTATION FROM A MEMBER CHURCH AND CLARIFY THEIR VOTING RIGHTS. |
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