2012-08-15T12:02:40-05:00 2012-03-31 KOHLER SCHMITT & HUTCHISON PC PO BOX 70607 FAIRBANKS AK 997070607 990 2011-04-01 201253962 RETIREMENT COMMUNITY OF FAIRBANKS RETI 9073745016 PO BOX 73006 FAIRBANKS AK 997073006 KAREN PARR 9073745016 2012-08-13 ELAINE WILLIAMSON 9074566676 2012-08-15 2011 2016-02-24 21:20:13Z KAREN PARR PRESIDENT PO BOX 73006 FAIRBANKS AK 99707 4532982 false X WWW.RCOFF.ORG X 2004 AK 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. 9 7 3 17 0 2862188 4010887 156183 507537 247 803 9666 13755 3028284 4532982 0 0 22211 73929 37556 10685 38429 201835 569082 261602 653696 2766682 3879286 5649808 11295201 2696149 4462256 2953659 6832945 X 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. true false 561285 507537 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. 561285 true 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 true true false true false false false false false false false false false true 12 0 3 true false false false false false false X 9 7 false false false false false false false true true false false true true false false false false false false false X X SUSAN MOTTER 9073745016 PO BOX 73006 FAIRBANKS AK 99707 X KAREN PARR 0.50 X X 0 0 0 MEG MARY GREENE 0.50 X X 0 0 0 NANCI JONES 0.50 X 0 0 0 MIKE COOK 0.50 X X 0 0 0 JAMES WHITAKER 0.50 X 0 0 0 ARLAYNE KNOX 0.50 X 0 0 0 RANDY CHEAP 0.50 X 0 0 0 EMILY ENNIS 0.50 X 0 0 0 MARY ANN BORCHERT 0.50 X X 0 0 0 false false false 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 2 3381480 629407 493868 4010887 RAVEN LANDING I 531110 504235 504235 RAVEN LANDING II 531110 3302 3302 507537 803 803 OTHER 531110 11755 11755 APPLICATION FEES 531110 2000 2000 13755 4532982 521292 803 50999 50999 16999 14892 2107 5931 5931 22962 22962 10685 10685 21952 2500 19452 8894 2420 4470 2004 111720 110778 642 300 140340 139874 466 18190 17245 945 DEPRECIATION 128127 128127 TENANT SERVICES 88519 88519 BED DEBT EXPENSE 25440 25440 CREDIT CARD CHARGES 1814 1814 1124 1124 653696 561285 53982 38429 67847 78373 369210 351116 45790 26140 6308 100000 10527 11001416 178679 5066961 10822737 5649808 11295201 49671 62237 2402989 2775286 1395878 243489 228855 2696149 4462256 X 6120 887841 2947539 5945104 2953659 6832945 5649808 11295201 3879286 X false true true X false X 71352 198450 109563 2862188 4010887 7252440 71352 198450 109563 2862188 4010887 7252440 7252440 4476 716 247 803 6242 7258682 688818 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 1016214 1016214 9618818 164959 9453859 63972 13720 50252 302412 302412 10822737 PREPAID DEPOSITS 135300 PREPAID RENT 93555 228855 4532982 653696 3879286 3879286 4615111 82129 82129 4532982 4532982 735825 82129 82129 653696 653696 LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X 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. KAREN PARR CHAIRMAN 41971 DONATION/RENT false ARLAYNE KNOX DIRECTOR 29253 RENT false PERRI CARLSON DAUGH OF DIR 22857 RENT false X DEMOLITION/RELO 1 493868 FAIR MARKET VALUE false false false 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.