2012-07-30T10:33:06-05:00 2011-09-30 SMITH & HOWARD PC 171 17TH STREET SUITE 900 ATLANTA GA 30363 990 2010-10-01 581491527 KING'S BRIDGE RETIREMENT CENTER INC KING 4043210263 3055 BRIARCLIFF RD ATLANTA GA 303292601 JAMES W WALDROP 2012-07-24 true MARC AZAR 4048746244 2010 2016-02-24 21:20:13Z JAMES W WALDROP 3055 BRIARCLIFF RD ATLANTA GA 303292601 5864482 false X WWW.KINGSBRIDGE.ORG X 1981 GA Our mission is to provide high-quality housing with a community environment and homelike atmosphere for senior adults. 12 12 59 3 0 0 11000 1000 5562643 5784916 7217 2650 40748 75916 5621608 5864482 9000 0 0 0 1405534 1493971 0 0 0 3803677 3909826 5218211 5403797 403397 460685 12263467 12010047 6321331 5532215 5942136 6477832 X OUR MISSION IS TO PROVIDE HIGH-QUALITY HOUSING WITH A COMMUNITY ENVIRONMENT AND HOMELIKE ATMOSPHERE FOR SENIOR ADULTS. KING'S BRIDGE IS DEDICATED TO ENSURING THAT RESIDENTS ARE AFFORDED THE BEST IN ENVIRONMENT, OPPORTUNITIES, AND CARE THROUGH THE SERVICES, PROGRAMS, AND PLANNED ACTIVITIES IT OFFERS. false false 5124867 0 5784916 INDEPENDENT AND ASSISTED LIVING COMMUNITY PROVIDES RETIREMENT HOUSING AND SERVICES FOR APPROXIMATELY 210 RESIDENTS. 5124867 true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 59 true false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true true false GA X JAMES W WALDROP 4049829185 3055 BRIARCLIFF RD NE ATLANTA GA 303292601 CLAYTON RAMSEY 1.0 X 0 0 0 MARTHA SUE WATKINS 1.0 X 0 0 0 JUDY KILGO 1.0 X 0 0 0 TIM ALMEROTH 1.0 X 0 0 0 CYNTHIA BARNES 1.0 X 0 0 0 DAVID CLYDE 1.0 X 0 0 0 BARRY GAGE 1.0 X 0 0 0 MARY GEURIN 1.0 X 0 0 0 JUDY JONES 1.0 X 0 0 0 WILEY MESSICK 1.0 X 0 0 0 JIM PANTER 1.0 X 0 0 0 LARRY STINE 1.0 X 0 0 0 Aubon Higgins 1.0 X 0 0 0 JAMES W WALDROP 50.0 X 113812 0 14378 113812 0 14378 1 false false false GUEST SERVICES INC 3055 PROSPERITY AVE FAIRFAX VA 220312290 FOOD SERVICE 471682 ARAMARK 1101 MARKET STREET PHILADELPHIA PA 19107 HOUSEKEEPING 332184 2 1000 1000 RENTAL 721310 4321779 4321779 PERSONAL CARE 623000 1366945 1366945 MEALS 722210 77195 77195 OTHER INCOME 900099 9251 9251 BEAUTY PARLOR 812900 9746 9746 5784916 2650 2650 0 0 60380 60380 60380 60380 0 0 0 0 INSURANCE REIMBURSEMENT 900099 15536 15536 15536 5864482 5713511 149971 0 0 0 0 116720 116720 0 1151977 1054548 97429 0 18139 18139 107239 97683 9556 99896 80973 18923 0 0 24000 24000 0 0 0 1632021 1632021 7807 7807 79714 67501 12213 0 0 859384 859384 0 0 89 89 301675 301675 0 761650 761650 106942 106942 RESIDENT SERVICES 136544 136544 5403797 5124867 278930 0 18421 18117 149279 379984 22793 17337 23051862 11616042 11902346 11435820 170628 158789 12263467 12010047 357647 243267 4888294 4292269 1075390 996679 6321331 5532215 X 5942136 6477832 5942136 6477832 12263467 12010047 X 460685 75011 X false true true X false X 74485 22372 5510 11000 1000 114367 5149116 5252247 5429408 5603391 5845296 27279458 5223601 5274619 5434918 5614391 5846296 27393825 4797 684 255 5736 4797 684 255 5736 27388089 84702 35634 10523 7217 2650 140726 84702 35634 10523 7217 2650 140726 5308303 5310253 5445441 5621608 5848946 27534551 0.99468 0.98836 0.00511 0.01144 X 538967 538967 21179748 10971714 10208034 260202 182149 78053 1072945 462179 610766 11435820 0 SECURITY DEPOSIT PAYABLE 118100 LIAB. UNDER INTEREST RATE SWAP 878579 996679 5864482 5403797 460685 75011 75011 535696 5939493 75011 75011 5864482 5864482 5403797 5403797 5403797 ASC 740 FOOTNOTE PART X, LINE 2 The Center has been recognized as an organization exempt from Federal income taxes under Internal Revenue Code (the "Code") Section 501(a) as an organization described in Section 501(c)(3) whereby only unrelated business income, as defined by Section 512(a) of the Code, is subject to Federal income tax. Accordingly, no provision for income taxes is required. The Center annually evaluates all federal and state income tax positions. This process includes an analysis of whether these income tax positions the Center takes meet the definition of an uncertain tax position under the Income Taxes Topic of the Financial Accounting Standards Codification. In the normal course of business, the Center is subject to examination by the federal and state taxing authorities. In general, the Center is no longer subject to tax examinations for the years ending before September 30, 2008. TOTAL ADJUSTMENTS PART XI, LINE 8 CHANGE IN INTEREST RATE SWAP LIABILITY $75,011 OTHER ADJUSTMENTS PART XII, LINE 2D CHANGE IN INTEREST RATE SWAP LIABILITY $75,011 PROCESS USED BY THE ORGANIZATION TO REVIEW THIS FORM 990 PART VI, LINE 11A THE AUDIT COMMITTEE REVIEWS THE FORM 990 AND MAKES RECOMMENDATIONS TO THE BOARD THAT IT BE FILED. ALL VOTING MEMBERS OF THE BOARD RECEIVE A COPY OF THE FORM 990. MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICY PART VI, LINE 12C ON AN ANNUAL BASIS, THE TRUSTEES ARE ASKED TO SIGN THAT THEY ARE NOT IN VIOLATION OF THE CONFLICT OF INTEREST POLICY. KEY EMPLOYEES ARE ASKED TO DO THE SAME. PROCESS FOR DETERMINING COMPENSATION PART VI, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS SET AND ADJUSTED BY THE BOARD OF TRUSTEES. THERE ARE NO OTHER OFFICERS THAT RECEIVE COMPENSATION. KEY EMPLOYEES' COMPENSATION IS SET BY THE EXECUTIVE DIRECTOR, AND MERIT INCREASES ARE DETERMINED BY HIM WITH THE APPROVAL OF THE BOARD OF TRUSTEES. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC PART VI, LINE 19 ALL GOVERNING POLICIES, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST TO THE EXECUTIVE DIRECTOR. OTHER FEES FOR SERVICES PART IX, LINE 11G OTHER FEES FOR SERVICES ARE COMPRISED OF THE FOLLOWING: CHAPLAIN $ 31,700 FOOD SERVICE $ 1,200,969 HOUSEKEEPING SERVICES $ 346,347 MAINTENANCE SERVICES $ 53,005 ======================================= TOTAL $1,632,021 OTHER NET ASSET CHANGE PART XI, LINE 5 CHANGE IN INTEREST RATE SWAP LIABILITY $75,011