2012-10-29T08:44:14-05:00 2011-12-31 316063298 MELLOTT & MELLOTT PLL 312 ELM STREET SUITE 1250 CINCINNATI OH 45202 990 2011-01-01 310537069 BEECHWOOD HOME BEEC 5133219294 2140 POGUE AVE CINCINNATI OH 45208 PATRICIA CLARK 5133219294 2012-10-22 1 GREGORY A DEYHLE P00040381 5132412940 2011 2016-02-24 21:20:13Z PATRICIA CLARK 2140 POGUE AVE CINCINNATI OH 45208 9614791 0 X N/A X 1890 OH THE BEECHWOOD HOME OFFERS SPECIALIZED, LONG-TERM CARE SERVICES TO THOSE WHO HAVE INCURABLE, NEUROLOGICAL, CHRONIC AND DISABLING CONDITIONS. 23 23 208 20 0 0 2971395 2916769 7074282 6429953 6791 2665 95730 96124 10148198 9445511 0 0 0 0 6109083 5872977 0 0 77686 3886199 3794113 9995282 9667090 152916 -221579 50296707 48545220 7263545 6572892 43033162 41972328 X FOUNDED IN CINCINNATI, OHIO IN 1890, THE BEECHWOOD HOME IS A SKILLED NURSING CARE FACILITY FOR 88 ADULTS WITH PHYSICAL AND NEUROLOGICAL DISABILITIES. SERVICES AT THE BEECHWOOD HOME INCLUDE LONG-TERM, REHABILITATIVE MEDICAL AND NURSING CARE; PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES; AND SOCIAL ENRICHMENT PROGRAMS INCLUDING COMPUTER AND EDUCATION THERAPY, THERAPEUTIC RECREATION AND RELIGIOUS PROGRAMS. ALL BEECHWOOD HOMES PROGRAMS ARE DESIGNED TO MAXIMIZE THE INDEPENDENCE OF PEOPLE WITH PHYSICAL AND NEUROLOGICAL DISABILITIES IN A "PERSON CENTERED" HOMELIKE ENVIRONMENT.MANY YOUNGER PEOPLE WITH PHYSICAL AND NEUROLOGICAL DISABILITIES CHOOSE TO MOVE TO THE BEECHWOOD HOME SO THEY CAN LIVE WITH PEOPLE WITH SIMILAR AGES AND TYPES OF DISABILITIES. RESIDENTS RECEIVE CARE SPECIFICALLY DESIGNED TO MEET THEIR NEEDS. RESIDENTS ALSO CHOOSE BEECHWOOD HOME TO PURSUE MANY OF THEIR INTERESTS, HOBBIES AND EDUCATIONAL GOALS THROUGH THE SOCIAL ENRICHMENT PROGRAMS WE OFFER. 0 0 8324948 6408761 FOUNDED IN CINCINNATI, OHIO IN 1890, THE BEECHWOOD HOME IS A SKILLED NURSING CARE FACILITY FOR 88 ADULTS WITH PHYSICAL AND NEUROLOGICAL DISABILITIES. SERVICES AT THE BEECHWOOD HOME INCLUDE LONG-TERM, REHABILITATIVE MEDICAL AND NURSING CARE; PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES; AND SOCIAL ENRICHMENT PROGRAMS INCLUDING COMPUTER AND EDUCATION THERAPY, THERAPEUTIC RECREATION AND RELIGIOUS PROGRAMS. ALL BEECHWOOD HOMES PROGRAMS ARE DESIGNED TO MAXIMIZE THE INDEPENDENCE OF PEOPLE WITH PHYSICAL AND NEUROLOGICAL DISABILITIES IN A "PERSON CENTERED" HOMELIKE ENVIRONMENT.MANY YOUNGER PEOPLE WITH PHYSICAL AND NEUROLOGICAL DISABILITIES CHOOSE TO MOVE TO THE BEECHWOOD HOME SO THEY CAN LIVE WITH PEOPLE WITH SIMILAR AGES AND TYPES OF DISABILITIES. RESIDENTS RECEIVE CARE SPECIFICALLY DESIGNED TO MEET THEIR NEEDS. RESIDENTS ALSO CHOOSE BEECHWOOD HOME TO PURSUE MANY OF THEIR INTERESTS, HOBBIES AND EDUCATIONAL GOALS THROUGH THE SOCIAL ENRICHMENT PROGRAMS WE OFFER. THE BEECHWOOD HOME STAFF IS SKILLED AT WORKING WITH PEOPLE WHO HAVE MULTIPLE SCLEROSIS, CEREBRAL PALSY, HUNTINGTONS, SPINAL CORD INJURY AND OTHER NEUROLOGICAL DISORDERS AND DISABILITIES. 8324948 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 0 1 208 1 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X TIMOTHY H OWENS DIRECTOR OF FINANCE 5138420759 2140 POGUE AVENUE CINCINNATI OH 45208 RICHARD SETTERBERG 0.50 X 0 0 0 GRANT V HESSER 0.50 X 0 0 0 MARY ANN MEANWELL 0.50 X 0 0 0 ADELE CRAFT 0.50 X 0 0 0 DENICE HERTLEIN 0.50 X 0 0 0 JAMES GIBBS 0.50 X 0 0 0 TRISH MARTINDELL 0.50 X 0 0 0 PATTY MISRACH 0.50 X 0 0 0 DAVID OSBORN 0.50 X 0 0 0 AUDRE SEDACCA 0.50 X 0 0 0 DR LINDA WORKMAN 0.50 X 0 0 0 JOSIE THAYER 0.50 X 0 0 0 CAROLINE SUTPHIN 0.50 X 0 0 0 TIMOTHY TOFT 0.50 X 0 0 0 IGOR DUMBADZE MD 0.50 X 0 0 0 CYNTHIA FLICK 0.50 X 0 0 0 KATHYE HABIG NIPPERT 0.50 X 0 0 0 RICHARD OLIVER 0.50 X 0 0 0 KIM DEATON 0.50 X 0 0 0 JEAN HODGE 0.50 X 0 0 0 RICHARD MOORE 0.50 X 0 0 0 DANIEL SHIELS 0.50 X 0 0 0 PATRICIA CLARK 40.00 X 240644 0 47778 TIM OWENS 40.00 X 100890 0 4920 341534 0 52698 2 0 1 0 0 2916769 2916769 MEDICARE & MEDICAID 623000 5582852 5582852 PRIVATE/ASST LIVING 623000 566162 566162 VETERANS ADMINISTRATIO 623000 194511 194511 86428 86428 6429953 23857 23857 110431 130830 793 -20399 -793 -21192 -21192 133781 37657 96124 96124 9445511 6408761 0 119981 X 240644 96258 72193 72193 4424159 4141849 276817 5493 110083 81750 28333 758122 646816 111306 339969 305438 34531 19828 19828 85781 85781 24013 24013 224678 224678 712481 569984 142497 99614 85263 14351 MEDICAL AND PROFESSIONA 543022 486173 56849 SUPPLIES 389694 361129 28565 UTILITIES 350238 350238 REPAIRS AND MAINTENANCE 334950 334950 1009814 865100 144714 9667090 8324948 1264456 77686 0 950555 578821 698323 623887 195805 192459 18587503 11203060 7663740 7384443 711325 676515 40076959 39089095 50296707 48545220 1196988 936350 5550000 5250000 516557 386542 7263545 6572892 X 31041138 29999435 49052 291021 11942972 11681872 43033162 41972328 50296707 48545220 X -221579 -839255 X X 0 0 0 X 9430042 9774185 9798045 9982641 9260294 48245207 9430042 9774185 9798045 9982641 9260294 48245207 0 0 0 48245207 195073 41846 13381 6791 2665 259756 195073 41846 13381 6791 2665 259756 15411 177464 28795 158766 182552 562988 9640526 9993495 9840221 10148198 9445511 49067951 0.98320 0.98450 0.00530 0.00620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11942972 -236625 24475 11681872 11410794 564223 32045 11942972 10818181 627282 34669 11410794 14160291 -3338621 3489 10818181 0 0 29131 29131 14485015 8251001 6234014 4073357 2952059 1121298 7384443 DEFERRED FINANCING COSTS 28855 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 10987178 BENEFICIAL INTEREST IN SUPPORTING ORGANIZATIONS 27777519 DEFERRED COMPENSATION- INVESTMENT 227159 RESTRICTED CASH 68384 39089095 FAIR VALUE OF INTERST RATE SWAP 159383 DEFERRED COMPENSATION 227159 386542 9445511 9667090 -221579 8615 -847870 -839255 -1060834 9430790 8615 -23336 -14721 9445511 0 9445511 9704747 37657 37657 9667090 0 9667090 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE HOME HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR 5 PERCENT OF ITS ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR THREE YEARS THROUGH THE CALENDAR YEAR END PRECEDING THE YEAR IN WHICH THE DISTRIBUTION IS PLANNED. IN ESTABLISHING THIS POLICY, THE HOME CONSIDERED THE LONG TERM EXPECTED RETURN ON ITS ENDOWMENT. ACCORDINGLY, OVER THE LONG TERM, THE HOME EXPECTS THE CURRENT SPENDING POLICY TO ALLOW ITS ENDOWMENT TO GROW AT A RATE THAT SUFFICIENTLY SATISFIES THE HOMES ABILITY TO PROVIDE CARE TO ITS RESIDENTS AT A CONSISTENT LEVEL INDEFINITELY. THIS IS CONSISTENT WITH THE HOME'S OBJECTIVE TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE HOME IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CONTRIBUTIONS TO THE HOME QUALIFY AS CHARITABLE DEDUCTIONS. THE HOME HAS NOT ENTERED INTO ANY TRANSACTIONS WHICH WOULD SUBJECT IT TO UNRELATED BUSINESS INCOME TAX. THE FEDERAL RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX FOR THE HOME IS NO LONGER SUBJECT TO FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR THE YEARS ENDING PRIOR TO 2008. IN THE NORMAL COURSE OF BUSINESS, HOWEVER, THE HOME IS SUBJECT TO EXAMINATION BY VARIOUS OTHER TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE HOME BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT DECEMBER 31, 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAPS 163,848. UNREALIZED LOSS ON BENEFICIAL INTERESTS IN PERPETUAL TRUSTS -224,841. UNREALIZED LOSS ON BENEFICIAL FOUNDATION -786,877. TOTAL TO SCHEDULE D, PART XI, LINE 8: -847,870. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON BENEFICIAL INTEREST IN PERPETUAL TRUST -224,841. UNREALIZED GAIN ON INTEREST RATE SWAP 163,848. DIRECT FUNDRAISING EXPENSES 37,657. PART XIII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 37,657. CELEBRATION DINNER 100035 100035 21415 2000 2798 GUN SHOOT 33746 33746 1501 9943 133781 133781 22916 2000 12741 37657 96124 X X X X 0 1 0 0 0 0 0 0 0 PATRICIA CLARK 240644 0 0 0 0 0 47778 0 0 0 288422 0 0 0 PART I, LINE 4B PATRICIA CLARK. THE HOME INSTITUTED A DEFERRED COMPENSATION PLAN UNDER INTERNAL REVENUE CODE SECTION 457(F). THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT. THERE WERE NO PAYMENTS MADE FOR THE CURRENT YEAR. SUPPLEMENTAL INFORMATION PART III IN 2006, THE HOME INSTITUTED A DEFERRED COMPENSATION PLAN UNDER INTERNAL REVENUE CODE SECTION 457(F). THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION FOR A SELECT GROUP OF MANAGEMENT. INCLUDED IN THE STATEMENT OF FINANCIAL POSITION ARE INVESTMENTS WHICH OFFSET THE DEFERRED COMPENSATION UNDER OTHER LIABILITIES. THERE WERE NO PAYMENTS MADE FOR THE CURRENT YEAR. FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF FINANCE WILL DELIVER A COPY OF THE FORM 990 TO THE BOARD OF TRUSTEE'S MEETING TO BE HELD IN NOVEMBER EACH YEAR. THE TREASURER OF THE BOARD WILL DISCUSS THE RETURN AND DISTRIBUTE A COPY FOR EACH BOARD MEMBER TO REVIEW AND APPROVE. IT WILL BE DOCUMENTED IN THE MINUTES BY THE SECRETARY. THE DIRECTOR OF FINANCE WILL INFORM THE ACCOUNTING FIRM OF THE APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT, WHICH AFFIRMS THAT THEY ARE FOLLOWING THE CONFLICT OF INTEREST POLICY. TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND THAT IT DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, ANNUAL REVIEWS SHALL BE CONDUCTED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION SYSTEM WILL EVALUATE POSITIONS TO MARKET BY USING LOCAL AND STATE SPECIFIC SURVEY DATA. THE MARKET DATA WILL PRIMARILY INCLUDE OTHER LONG TERM CARE FACILITIES AND WILL INCLUDE SURVEY DATA FOR MORE SPECIALIZED POSITIONS. ON AN ANNUAL BASIS THE CEO, DIRECTOR OF HR AND DIRECTOR OF FINANCE WILL REVIEW AND APPROVE RECOMMENDED CHANGES TO POSITION RANGE AS DETERMINED THROUGH THE MARKET DATA AVAILABILITY. AS PART OF THE ANNUAL BUDGETING PROCESS THE BOARD OF TRUSTEE'S WILL REVIEW AND APPROVE FUNDS TO BE ALLOCATED FOR TOTAL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24E FRANCHISE FEE: PROGRAM SERVICE EXPENSES 324,354. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 324,354. FOOD: PROGRAM SERVICE EXPENSES 246,073. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 246,073. WORKERS COMP: PROGRAM SERVICE EXPENSES 167,252. MANAGEMENT AND GENERAL EXPENSES 23,302. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,554. LETTER OF CREDIT FEE: PROGRAM SERVICE EXPENSES 51,862. MANAGEMENT AND GENERAL EXPENSES 12,966. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 64,828. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 24,512. MANAGEMENT AND GENERAL EXPENSES 35,467. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,979. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 28,683. MANAGEMENT AND GENERAL EXPENSES 7,171. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,854. BAD DEBT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 21,874. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,874. STAFF TRAINING: PROGRAM SERVICE EXPENSES 21,512. MANAGEMENT AND GENERAL EXPENSES 202. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 21,714. DUES AND SUBSCRIPTIONS: PROGRAM SERVICE EXPENSES 852. MANAGEMENT AND GENERAL EXPENSES 16,553. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,405. PRINTING AND POSTAGE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,637. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,637. BANK FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,030. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,030. RECRUITMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,512. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,512. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 8,615. UNREALIZED GAIN ON INTEREST RATE SWAPS 163,848. UNREALIZED LOSS ON BENEFICIAL INTERESTS IN PERPETUAL TRUSTS -224,841. UNREALIZED LOSS ON BENEFICIAL FOUNDATION -786,877. TOTAL TO FORM 990, PART XI, LINE 5: -839,255. FORM 990, PART XI, LINE 2C EXPLANATION THE FINANCE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS PRIOR TO ISSUANCE. THE BEECHWOOD FOUNDATION 2140 POGUE AVENUE CINCINNATI OH 45208 311441552 TO SUPPORT BEECHWOOD HOME. OH 501(C)(3) 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 THE BEECHWOOD FOUNDATION C 1938900