RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: RETIREMENT COMMUNITY OF FAIRBANKS (EIN 20-1253962)
Tax period: 2011-04-01 to 2012-03-31
Filed: 2012-08-15
IRS object ID: 201242289349302514
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 L
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-08-15T12:02:40-05:00	Timestamp
Tax Period End Date	2012-03-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KOHLER SCHMITT & HUTCHISON PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 70607	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	997070607	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-04-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	201253962	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	RETIREMENT COMMUNITY	BusinessNameLine1
Business Name Line2	OF FAIRBANKS	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	RETI	NameControl
Phone	9073745016	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	997073006	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	KAREN PARR	Name
Title	PRESIDENT	Title
Phone	9073745016	Phone
Date Signed	2012-08-13	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	ELAINE WILLIAMSON	Name
Phone	9074566676	Phone
Date Prepared	2012-08-15	DatePrepared

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

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	KAREN PARR PRESIDENT	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	99707	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	4532982	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.RCOFF.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2004	YearFormation
State Legal Domicile	AK	StateLegalDomicile
Activity Or Mission Description	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	9	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	7	NbrIndependentVotingMembers
Total Nbr Employees	3	TotalNbrEmployees
Total Nbr Volunteers	17	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	2862188	ContributionsGrantsPriorYear
Contributions Grants Current Year	4010887	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	156183	ProgramServiceRevenuePriorYear
Program Service Revenue CY	507537	ProgramServiceRevenueCY
Investment Income Prior Year	247	InvestmentIncomePriorYear
Investment Income Current Year	803	InvestmentIncomeCurrentYear
Other Revenue Prior Year	9666	OtherRevenuePriorYear
Other Revenue Current Year	13755	OtherRevenueCurrentYear
Total Revenue Prior Year	3028284	TotalRevenuePriorYear
Total Revenue Current Year	4532982	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	22211	SalariesEtcPriorYear
Salaries Etc Current Year	73929	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	37556	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	10685	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	38429	TotalFundrsngExpCurrentYear
Other Expense Prior Year	201835	OtherExpensePriorYear
Other Expenses Current Year	569082	OtherExpensesCurrentYear
Total Expenses Prior Year	261602	TotalExpensesPriorYear
Total Expenses Current Year	653696	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2766682	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	3879286	RevenuesLessExpensesCY
Total Assets BOY	5649808	TotalAssetsBOY
Total Assets EOY	11295201	TotalAssetsEOY
Total Liabilities BOY	2696149	TotalLiabilitiesBOY
Total Liabilities EOY	4462256	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2953659	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	6832945	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.	MissionDescription
Significant New Program Services	true	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	561285	Expense
Revenue	507537	Revenue
Description	RETIREMENT COMMUNITY OF FAIRBANKS PROVIDES AFFORDABLE RENTAL HOUSING TO SENIORS. DURING 2012, A 20 UNIT FACILITY WAS RENTED FOR THE FULL YEAR. IN 2012, A SECOND 20 UNIT FACILITY WAS CONSTRUCTED AND PLACED IN SERVICE THE LAST WEEK OF THE FISCAL YEAR.	Description
Total Program Service Expense	561285	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	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	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	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
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	true	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	true	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	true	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	12	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	3	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
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	9	NbrVotingGoverningBodyMembers
Number Independent Voting Members	7	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	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	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	SUSAN MOTTER	NamePerson
Telephone Number	9073745016	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	PO BOX 73006	AddressLine1
City	FAIRBANKS	City
State	AK	State
ZIP Code	99707	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
KAREN PARR
PRESIDENT	0.50	X	X	0	0	0
MEG MARY GREENE
VICE PRESIDE	0.50	X	X	0	0	0
NANCI JONES
DIRECTOR	0.50	X		0	0	0
MIKE COOK
TREASURER	0.50	X	X	0	0	0
JAMES WHITAKER
DIRECTOR	0.50	X		0	0	0
ARLAYNE KNOX
DIRECTOR	0.50	X		0	0	0
RANDY CHEAP
DIRECTOR	0.50	X		0	0	0
EMILY ENNIS
DIRECTOR	0.50	X		0	0	0
MARY ANN BORCHERT
SECRETARY	0.50	X	X	0	0	0

Field	Value	IRS element (for citing)
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	Address Line2AddressOfContractor/AddressUS/AddressLine2	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
G-2 CONSTRUCTION
PO BOX 10690	PO BOX 10690	FAIRBANKS	AK	99710	CONSTRUCTION	4002514
BETTISWORTH NORTH
212 FRONT STREET	212 FRONT STREET	FAIRBANKS	AK	99701	ARCHITECT	210394

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K
Government Grants	3381480	GovernmentGrants
All Other Contributions	629407	AllOtherContributions
Noncash Contributions	493868	NoncashContributions
Total Contributions	4010887	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RAVEN LANDING I	531110	504235	504235
RAVEN LANDING II	531110	3302	3302

Field	Value	IRS element (for citing)
Total Program Service Revenue	507537	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	803	TotalRevenueColumn
Exclusion	$803	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
OTHER	531110	11755	11755
APPLICATION FEES	531110	2000	2000

Field	Value	IRS element (for citing)
Total Other Revenue	13755	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	4532982	TotalRevenueColumn
Related Or Exempt Function Income	521292	RelatedOrExemptFunctionIncome
Exclusion	$803	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	50999	Total
Program Services	50999	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	16999	Total
Program Services	14892	ProgramServices
Management And General	2107	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	5931	Total
Program Services	5931	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	22962	Total
Management And General	22962	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	10685	Total
Fundraising	10685	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	21952	Total
Program Services	2500	ProgramServices
Management And General	19452	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	8894	Total
Program Services	2420	ProgramServices
Management And General	4470	ManagementAndGeneral
Fundraising	2004	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	111720	Total
Program Services	110778	ProgramServices
Management And General	642	ManagementAndGeneral
Fundraising	300	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	140340	Total
Program Services	139874	ProgramServices
Management And General	466	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	18190	Total
Program Services	17245	ProgramServices
Management And General	945	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	FundraisingFundraising	Management And GeneralManagementAndGeneral
DEPRECIATION	128127	128127
TENANT SERVICES	88519	88519
BED DEBT EXPENSE	25440		25440
CREDIT CARD CHARGES	1814			1814

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1124	Total
Management And General	1124	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	653696	Total
Program Services	561285	ProgramServices
Management And General	53982	ManagementAndGeneral
Fundraising	38429	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	67847	BOY
EOY	78373	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	369210	BOY
EOY	351116	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	45790	BOY
EOY	26140	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
EOY	6308	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	100000	BOY
EOY	10527	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	11001416	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	178679	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	5066961	BOY
EOY	10822737	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	5649808	BOY
EOY	11295201	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	49671	BOY
EOY	62237	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	2402989	BOY
EOY	2775286	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
EOY	1395878	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	243489	BOY
EOY	228855	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	2696149	BOY
EOY	4462256	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	6120	BOY
EOY	887841	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2947539	BOY
EOY	5945104	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2953659	BOY
EOY	6832945	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	5649808	BOY
EOY	11295201	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	3879286	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	71352	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	198450	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	109563	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2862188	CurrentTaxYearMinus1Year
Current Tax Year	4010887	CurrentTaxYear
Total	7252440	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	71352	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	198450	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	109563	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2862188	CurrentTaxYearMinus1Year
Current Tax Year	4010887	CurrentTaxYear
Total	7252440	Total

Field	Value	IRS element (for citing)
Public Support Total170	7252440	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	4476	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	716	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	247	CurrentTaxYearMinus1Year
Current Tax Year	803	CurrentTaxYear
Total	6242	Total

Field	Value	IRS element (for citing)
Total Support	7258682	TotalSupport
Gross Receipts From Admissions Etc	688818	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.99910	PublicSupportPertcentage170
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

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

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1016214	OtherCostOrOtherBasis
Book Value	1016214	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	9618818	OtherCostOrOtherBasis
Depreciation	164959	Depreciation
Book Value	9453859	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	63972	OtherCostOrOtherBasis
Depreciation	13720	Depreciation
Book Value	50252	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	302412	OtherCostOrOtherBasis
Book Value	302412	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	10822737	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
PREPAID DEPOSITS	$135,300
PREPAID RENT	$93,555

Field	Value	IRS element (for citing)
Total Of Amounts	228855	TotalOfAmounts
Total Revenue	4532982	TotalRevenue
Total Expenses	653696	TotalExpenses
Excess Or Deficit For Year	3879286	ExcessOrDeficitForYear
Excess Or Deficit Per FS	3879286	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	4615111	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	82129	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	82129	RevenueNotRptdF990
Revenue Subtotal	4532982	RevenueSubtotal
Total Revenue Per Form990	4532982	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	735825	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	82129	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	82129	ExpensesNotRptdF990
Expenses Subtotal	653696	ExpensesSubtotal
Total Expenses Per Form990	653696	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Field	Value	IRS element (for citing)
Identifier	LIABILITY UNDER FIN 48 FOOTNOTE	Identifier
Return Reference	SCHEDULE D, PAGE 3, PART X	ReturnReference
Explanation	RETIREMENT COMMUNITY OF FAIRBANKS IS EXEMPT FROM INCOME TAXES AS A NONPROFIT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT A PRIVATE FOUNDATION. FASB ASC 740 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRES RECOGNITION OF LIABILITIES FOR UNCERTAIN TAX POSITIONS, WHERE A LIABILITY WOULD MORE LIKELY THAN NOT BE ASSESSED BY A TAXING AUTHORITY. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITION AND DETERMINED THERE ARE NO LIABILITIES REQUIRED TO BE RECOGNIZED. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE FEDERAL OR STATE GOVERNMENT FOR TAX YEARS PRIOR TO 2009.	Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
KAREN PARR
CHAIRMAN	41971	DONATION/RENT	false
ARLAYNE KNOX
DIRECTOR	29253	RENT	false
PERRI CARLSON
DAUGH OF DIR	22857	RENT	false

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	DEMOLITION/RELO	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	493868	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	false	ReviewProcessUnusualNCGifts
Third Parties Used	false	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THE ORGANIZATION'S MISSION IS TO PROMOTE, FOSTER, PLAN, DEVELOP, PROVIDE, BUILD, PURCHASE, LEASE, OPERATE, SUPERVISE AND/OR MAINTAIN RESIDENTIAL FACILITIES IN FAIRBANKS, ALASKA THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, FINANCIAL AND SIMILAR NEEDS OF SENIOR INDIVIDUALS WITHIN THE GREATER FAIRBANKS, ALASKA COMMUNITY.
ANY SIGNIFICANT NEW PROGRAM SERVICES NOT LISTED ON A PRIOR RETURN	FORM 990, PAGE 2, PART III, LINE 2	IN 2012, A SECOND 20 UNIT FACILITY WAS CONSTRUCTED AND PLACED IN SERVICE THE LAST WEEK OF THE FISCAL YEAR.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	COPY OF FORM 990 REVIEWED BY BOARD MEMBER FOR CONTENT. ONCE ALL INFORMATION WAS COMPLETED, THE FINAL FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON WRITTEN REQUEST.

RETIREMENT COMMUNITY OF FAIRBANKS: Form 990, tax year 2011

Return header ReturnHeader

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Preparer Firm US Address PreparerFirmUSAddress

Filer Filer

Name Name

US Address USAddress

Officer Officer

Preparer Preparer

Form 990 IRS990

Address Principal Officer US AddressPrincipalOfficerUS

The Books Are In Care Of TheBooksAreInCareOf

Address US AddressUS

Form990 Part VII Section A Form990PartVIISectionA (9 entries)

Contractor Compensation ContractorCompensation (2 entries)

Program Service Revenue ProgramServiceRevenue (2 entries)

Investment Income InvestmentIncome

Other Revenue Misc OtherRevenueMisc (2 entries)

Total Revenue TotalRevenue

Comp Current Officers Directors CompCurrentOfficersDirectors

Other Salaries And Wages OtherSalariesAndWages

Payroll Taxes PayrollTaxes

Fees For Services Accounting FeesForServicesAccounting

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Fees For Services Other FeesForServicesOther

Office Expenses OfficeExpenses

Occupancy Occupancy

Interest Interest

Insurance Insurance

Other Expenses OtherExpenses (4 entries)

All Other Expenses AllOtherExpenses

Total Functional Expenses TotalFunctionalExpenses

Cash Non Interest Bearing CashNonInterestBearing

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Pledges And Grants Receivable PledgesAndGrantsReceivable

Accounts Receivable AccountsReceivable

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Total Assets TotalAssets

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Other Liabilities OtherLiabilities

Total Liabilities TotalLiabilities

Unrestricted Net Assets UnrestrictedNetAssets

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Schedule A IRS990ScheduleA

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Total170 Total170

Gross Investment Income170 GrossInvestmentIncome170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Contributor Name Business ContributorNameBusiness

Contributor Address US ContributorAddressUS

Schedule D IRS990ScheduleD

Land Land

Buildings Buildings

Equipment Equipment

Other Land Buildings OtherLandBuildings

Other Liabilities OtherLiabilities (2 entries)

Form990 Schedule D Part XIV Form990ScheduleDPartXIV

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (3 entries)

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

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