2012-09-10T10:00:21-05:00 2011-12-31 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2011-01-01 351393773 RETIREMENT LIVING INC RETI 3178759700 8140 Township Line Road Indianapolis IN 46260 STEVEN STILL 2012-09-06 true Nicole Bencik P00756195 3175698989 2011 2016-02-24 21:20:13Z MARQUETTE STEVEN STILL 8140 Township Line Road Indianapolis IN 46260 31954268 false X WWW.MARQUETTESENIORLIVING.COM X 1979 IN RETIREMENT LIVING, INC. IS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY, PROVIDING SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORING THEIR DIGNITY AND INDEPENDENCE. 12 12 451 125 0 0 180000 180000 22435394 25552074 764353 632041 77923 58026 23457670 26422141 576718 591421 0 0 12671752 13040653 0 0 0 11184901 13233951 24433371 26866025 -975701 -443884 121297798 113275239 103942522 97172591 17355276 16102648 X AS A COMPREHENSIVE RETIREMENT COMMUNITY, THE ROLE OF RETIREMENT LIVING, INC. IS TO PROVIDE A HIGH QUALITY CONTINUUM OF CARE BY SERVING THE HOUSING AND HUMAN DEVELOPMENT NEEDS OF OUR RESIDENTS. (CONTINUED IN SCHEDULE O) false false 11373840 396764 10607522 HEALTH CARE CENTER: RETIREMENT LIVING, INC. HAS 102 LICENSED BEDS IN THE HEALTH CARE CENTER. THE ORGANIZATION PROVIDES PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND AN ACTIVITY PROGRAM TO MEET THE NEEDS OF THE RESIDENTS. THE HEALTH CARE CENTER ALSO FEATURES SKILLED AND COMPREHENSIVE CARE, 24-HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. RETIREMENT LIVING, INC. PROVIDES THE BENEFIT OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES. IN 2011 THE RESIDENCE FEES ASSISTANCE PROVIDED TO RESIDENTS WAS $396,764. 6821649 3204090 INDEPENDENT LIVING: RETIREMENT LIVING, INC. HAS 316 APARTMENTS AND 44 COTTAGES. THE ORGANIZATION PROVIDES MEALS 7 DAYS A WEEK, HOUSEKEEPING SERVICES TWICE A MONTH, AND MAINTENANCE AS NEEDED. THE ORGANIZATION ALSO PROVIDES SECURITY 24 HOURS A DAY. RETIREMENT LIVING, INC. HAS ACTIVITY PROGRAMS AS WELL AS OPPORTUNITIES FOR THE RESIDENTS TO VOLUNTEER IN THE HEALTH CARE CENTER, ASSISTED LIVING UNITS, ASSISTED LIVING FOR DEMENTIA, AND THE GIFT SHOP. 5255861 11775484 ASSISTED LIVING: RETIREMENT LIVING, INC. HAS 58 ASSISTED LIVING UNITS. THE ORGANIZATION PROVIDES THREE MEALS A DAY, PLUS SNACKS TO THE RESIDENTS IN THE ASSISTED LIVING UNITS. THE ORGANIZATION ALSO PROVIDES ASSISTANCE WITH DAILY LIVING ACTIVITES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. IN ADDITION, THE ORGANIZATION OPERATES A 17 BED ASSISTED LIVING UNIT THAT PROVIDES SERVICES TO INDIVIDUALS WITH DEMENTIA. THIS UNIT OFFERS THE SAME AMENITIES AS THE OTHER ASSISTED LIVING UNITS, INCLUDING ASSISTANCE WITH DAILY LIVING ACTIVITIES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. 194657 194657 RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2011, THE ORGANIZATION GAVE $194,657 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. 194657 194657 23646007 true true false false false false false false false true true false false true true true false false false false false false false false false false true true false true false false false false false false false false false false false false false false false false false false false false true 75 0 true 451 true false false false false false false false false false false X 12 12 false true true false false false false true true false false true true true true true true true true false IN X Sherri Scrogham 3175246584 8140 TOWNSHIP LINE ROAD Indianapolis IN 46260 DAVID S ALLEN 1.00 X X 5800 0 0 MARY STRANGE 1.00 X X 4300 0 0 PATRICIA RADLICK 1.00 X X 6300 0 0 WILLIAM CURRAN 1.00 X X 5800 0 0 CRAIG WILSON MD 1.00 X 4400 0 0 DAVID A JONGLEUX 1.00 X 5800 0 0 DUANE ETIENNE 1.00 X 4500 0 0 JANET PLAUT GIESSELMAN 1.00 X 6100 0 0 JOSEPH F JANSEN 1.00 X 3100 0 0 MARIANNE PRICE 1.00 X 2000 0 0 ROBERT D KNAPP 1.00 X 2200 0 0 ROBERT E COGHILL JR 1.00 X 3600 0 0 MICHAEL OLSON 40.00 X 0 0 0 STEVEN STILL 40.00 X 0 0 0 53900 0 0 0 false false false SHIEL SEXTON COMPANY INC 902 NORTH CAPITAL STREET INDIANAPOLIS IN 46204 CONSTRUCTION 2605440 LIFE CARE SERVICES LLC 400 LOCUST STREET DES MOINES IA 50309 MANAGEMENT COMPANY 1087664 FRANKLIN GENERAL CONSTRUCTION SUPPLY 2885 S MAUXFERRY ROAD FRANKLIN IN 46131 CONSTRUCTION 830919 REHABCARE GROUP EAST 7733 FORSYTH BLVD STE 2300 ST LOUIS MO 63105 THERAPY 667643 SELECT REHABILITATION INC 35338 EAGLE WAY CHICAGO IL 60678 THERAPY 399126 13 180000 180000 APARTMENTS 623990 7630677 7630677 HEALTH CARE CENTER 623990 10595850 10595850 ASSISTED LIVING 623990 2384088 2384088 ASSISTED LIVING - DEMENTIA 623990 808327 808327 RESIDENCE FEES 900099 4133132 4133132 0 0 0 0 25552074 707403 707403 0 0 19160 19160 0 19160 19160 5442615 5505892 12085 -63277 -12085 -75362 -75362 0 0 16258 14150 2108 2108 VENDING INCOME 900099 1736 1736 MISCELLANEOUS 900099 35022 35022 0 0 0 0 36758 26422141 25587096 0 655045 194657 194657 396764 396764 0 0 55500 55500 0 10956335 9943847 1012488 53171 44196 8975 1068216 926791 141425 907431 839804 67627 634442 634442 34044 34044 55046 55046 0 0 86762 86762 524785 455040 69745 146230 146230 304961 5 304956 0 0 1367593 1343862 23731 87762 5679 82083 0 0 1040471 1040471 0 5026389 5026389 154890 154890 FOOD 1524180 1524180 SUPPLIES 905228 868034 37194 UNIFORMS 408068 408068 ASSISTANCE 247248 11417 235831 685852 561303 124549 0 26866025 23646007 3220018 0 0 200 200 12474527 6432048 2318578 1656814 121154 133562 1461462 1205447 120419995 35340310 84226861 85079685 11490028 8558436 9192940 10209044 0 0 12048 3 121297798 113275239 3554636 1678917 26011849 28776505 56664297 55761955 6832550 0 10879190 10955214 103942522 97172591 X 17355276 16102648 17355276 16102648 121297798 113275239 X -443884 -808744 X false true true X false X 218942 180000 159000 180000 180000 917942 19942674 20500158 20212764 22435394 25552074 108643064 19036 23561 21286 17994 81877 0 0 20161616 20699194 20395325 22636680 25750068 109642883 0 0 0 0 0 0 0 0 109642883 990272 1004571 756383 771273 726563 4249062 0 990272 1004571 756383 771273 726563 4249062 0 44523 73868 28390 54919 35022 236722 21196411 21777633 21180098 23462872 26511653 114128667 0.96070 0.95590 0.03720 0.04130 X OTHER INCOME, SCHEDULE A, PART III, LINE 12, DESCRIPTION - OTHER INCOME, COLUMN A - 44523, COLUMN B - 73868, COLUMN C - 28390, COLUMN D - 54919, COLUMN E - 35022, COLUMN F - 236724;, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 557248 557248 104354621 29769618 74585003 8945718 2019762 6925956 6483335 3550930 2932405 79073 79073 85079685 0 0 GOVERNMENT OBLIGATIONS 4593607 F CORPORATE DEBT SECURITIES 2872576 F FUND OF FUNDS 2742861 F 10209044 0 ADVANCE DEPOSITS 699126 REFUNDABLE RESIDENCE FEES 10256088 10955214 26422141 26866025 -443884 -808744 0 -808744 -1252628 25129871 -808744 0 -808744 25938615 86762 396764 483526 26422141 26382499 0 0 26382499 86762 396764 483526 26866025 FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE COMMUNITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (CODE) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATIONS, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. THE COMMUNITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE N THE NEXT 12 MONTHS. THE COMMUNITY RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE COMMUNITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF DECEMBER 31, 2011 AND 2010. THE COMMUNITY HAS TAX RETURNS OPEN FOR FEDERAL AND STATE PURPOSES FOR 2008 AND AFTER. true MEALS ON WHEELS INC 2815 E 62ND STREET SUITE 130 INDIANAPOLIS IN 46220 351182075 501(C)(3) 0 155262 BOOK MEALS PROGRAM SUPPORT ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FL 17 CHICAGO IL 60601 133039601 501(C)(3) 24476 0 N/A N/A PROGRAM SUPPORT 2 0 RESIDENCE FEES ASSISTANCE 8 396764 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE ASSISTANCE PROVIDED TO RESIDENTS IS NOT A CASH GRANT. IT IS SIMPLY A CREDIT TO THE TOTAL RESIDENCE FEES DUE, AND THEREFORE NO PROCEDURES ARE NECESSARY TO MONITOR THE USE OF THESE FUNDS. RETIREMENT LIVING, INC. PROVIDES MEALS TO THE CLIENTS OF MEALS ON WHEELS, INC. BECAUSE NO CASH WAS EXCHANGED, THERE ARE NO PROCEDURES FOR THE MONITORING OF THE GRANT FUNDS. A CASH GRANT WAS GIVEN TO ALZHEIMER'S ASSOCIATION. IN ORDER TO BE SURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE, THE GRANTEE ORGANIZATION PROVIDES INFORMATION TO RETIREMENT LIVING, INC. REGARDING THE USE OF THE FUNDS AND SPECIFIC PROGRAMS THAT WILL BENEFIT FROM THE GRANT FUNDS. INDIANA FINANCE AUTHORITY 351602316 455057SM2 2009-04-09 50475000 FINANCE NEW CONSTRUCTION AND EQUIPMENT AND REFUND PRIOR ISSUE DATED 11/01/2000 false false false INDIANA FINANCE AUTHORITY 351602316 2010-12-01 33320000 REFUND PRIOR ISSUE DATED APRIL 9, 2009 false false false 33045000 0 50502680 0 762855 0 778752 1160787 0 41270286 6530000 0 2010 true false true true 0 0 33320000 0 0 0 275000 0 0 0 33045000 0 2010 true false true true false false true false true true 0.0000 0.0000 0.0000 true false false true false true true 0.0000 0.0000 0.0000 true false true false 0.0 false 0.0 false true false true false false false true TOTAL PROCEEDS OF ISSUE PART II, LINE 3 TOTAL PROCEEDS INCLUDE INVESTMENT EARNINGS THEREON ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) RETIREMENT LIVING, INC. REMAINS COMMITTED TO PROVIDING: -AN EXCELLENT RESIDENTIAL ENVIRONMENT AT REASONABLE COST. -SPECIALIZED HEALTH AND LONG TERM CARE SERVICES THAT ENRICH THE LIVES OF THE RESIDENTS AND THEIR FAMILIES. -APPROPRIATE SUPPORTIVE SERVICES THAT PROMOTE THE WELL BEING OF THE WHOLE PERSON AND ENCOURAGE INDEPENDENT LIVING. Description of other program services Form 990, Part III, Line 4d RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2011, THE ORGANIZATION GAVE $194,657 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. Delegation of management duties Form 990, Part VI, Section A, Line 3 RETIREMENT LIVING INC. IS MANAGED BY LIFE CARE SERVICES, LLC. AN UNRELATED ORGANIZATION, LIFE CARE SERVICES LLC PAYS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ADMINISTRATOR. THE DUTIES PERFORMED BY THESE INDIVIDUALS INCLUDE HIRING, FIRING, SUPERVISING PERSONNEL, AND OVERALL MANAGEMENT OF RETIREMENT LIVING, INC. Significant changes to organizational documents Form 990, Part VI, Section A, Line 4 RETIREMENT LIVING, INC AMENDED THEIR BY-LAWS DURING 2011 MAKING A SIGNIFICANT CHANGE TO THE NUMBER OF THE GOVERNING BODY'S VOTING MEMBERS. THE BOARD OF DIRECTORS CAN NOW CONSIST OF A MAXIMUM OF FIFTEEN (15) DIRECTORS RATHER THAN THE ORIGINAL THIRTEEN (13). Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL BY THE ENTIRE BOARD OF DIRECTORS. AFTER ANY QUESTIONS/CHANGES ARE ADDRESSED, THE FINAL DRAFT OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS. IT IS THEN FILED ELECTRONICALLY WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c RETIREMENT LIVING, INC. HAS THREE CONFLICT OF INTEREST POLICIES WRITTEN SPECIFICALLY FOR THE BOARD, DEPARTMENT DIRECTORS, AND ADMINISTRATIVE OFFICERS. ALL OFFICERS AND BOARD MEMBERS SIGN THE APPROPRIATE CONFLICT OF INTEREST POLICY ANNUALLY, DISCLOSING ANY CONFLICTS THAT ARE KNOWN TO EXIST. UPON DISCLOSURE OF A CONFLICT, THE BOARD PRESIDENT APPOINTS AN INDEPENDENT COMMITTEE TO INVESTIGATE THE CONFLICT OF INTEREST. IN ALL FUTURE DISCUSSIONS BY THE BOARD ABOUT TRANSACTIONS IN WHICH THERE IS A CONFLICT OF INTEREST, THE RELATED BOARD MEMBERS OR OFFICERS SHALL ABSTAIN FROM TAKING PART IN THE DISCUSSION OR VOTING. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE BOARD OF DIRECTORS PARTICIPATES IN THE ANNUAL REVIEW REGARDING THE COMPENSATION OF THE EXECUTIVE DIRECTOR, STEVEN STILL. THE COMPENSATION IS DETERMINED BY THE MANAGEMENT COMPANY USING A COMPENSATION SURVEY. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2011. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE COMPENSATION OF THE HEALTH CENTER ADMINISTRATOR, MICHAEL OLSON, IS DETERMINED BY THE BOARD OF DIRECTORS USING COMPENSATION SURVEYS. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2011. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - -808744;