2011-11-15T17:55:34-05:00 2010-12-31 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2010-01-01 742538545 Beneficial Living Systems Inc BENE 2800 S University Blvd Denver CO 80210 Leo Rostermundt 2011-11-15 true Rita F Worster CPA 7194714290 2010 2016-03-07 17:11:31Z X Leo Rostermundt 2800 S University Blvd Ste 26 Denver CO 80210 10629348 false X N/A X 1989 CO Our objective is to provide high standards of care and services while maintaining financial stability in health care services and operations. X 4 1 357 100 0 0 0 0 15974640 3215637 17258 1686591 93036 11299 16084934 4913527 1175 615 0 0 9044748 2005869 0 0 0 5792545 1761931 14838468 3768415 1246466 1145112 10996702 2832016 9576886 267088 1419816 2564928 X WE ARE DEDICATED TO PROVIDING THE HIGHEST STANDARDS IN OUR CARE TO RESIDENTS, INTERACTIONS WITH OUR EMPLOYEES, AND IN OUR EFFORTS TO RAISE THE QUALITY OF LIFE FOR THE ELDERLY. WE ARE COMMITTED TO OUR BELIEF IN SERVICE WITH INTEGRITY FOR OUR RESIDENTS, THEIR FAMILIES, OUR EMPLOYEES, AND OUR BUSINESS ASSOCIATES. true false 2826020 615 3226331 LONG-TERM CARE NURSING HOMES at WALSENBURG CARE CENTER located IN COLORADO. IN 2010, THERE WERE 15,197 INPATIENT DAYS. 2826020 true false false false false false false false false true true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false true true false false false false false true 7 0 true 357 true false false false false false false false false false false X 4 1 false true false false false false false true true false false true true true true true true true true false X WILLIAMS WILLIAMS 7208707765 4212 S FAIRPLAY CIRCLE UNIT D Aurora CO 80014 Leo Rostermundt 40.0 X X 96897 0 0 Larry Mayers 1.0 X X 16250 0 0 Stephen Bender 1.0 X X 12500 0 0 Richard Larsen 1.0 X X 0 0 0 Carol Baum 1.0 X 0 0 0 Mary Hill 1.0 X 0 0 0 125647 0 0 0 false false true CopperSands Inc 3602 E Greenway Road Suite 104 PHOENIX AZ 85032 Consulting 333820 People First PO Box 277365 ATLANTA GA 30384 Therapy 397476 2 0 PATIENT SERVICES 623000 400568 400568 CONTRACTUAL ADJUSTMENT 623000 -178236 -178236 MEDICARE/MEDICAID 623000 2333452 2333452 OPERATIONS SUBSIDY 623000 659853 659853 3215637 57085 57085 0 0 7345327 5715821 1629506 1629506 1629506 0 0 0 MISCELLANEOUS REV. 623000 10694 10694 GUEST MEALS 900099 605 605 11299 4913527 3226331 0 1687196 615 615 0 0 0 125647 125647 0 1605356 1458856 146500 8042 7308 734 120661 109650 11011 146163 132825 13338 223418 223418 66972 66972 69474 69074 400 0 0 0 304711 176018 128693 7994 7994 58193 17150 41043 52046 52046 0 117326 117326 17471 14283 3188 0 0 0 0 330744 330744 139142 43542 95600 SUPPLIES 36013 36013 FOOD & SUPPLEMENTS 103304 103304 MINOR EQUIPMENT 26072 24693 1379 TRAINING & EDUCATION 21501 15459 6042 MEDICAL SUPPLIES 117764 117764 69786 43402 26384 3768415 2826020 942395 0 943456 357976 2038093 313974 1084071 973111 0 46000 90079 22905 1333696 987765 6227245 345931 0 681527 613758 90592 10996702 2832016 989597 267088 7306822 0 1280467 0 9576886 267088 X 1419816 2564928 1419816 2564928 10996702 2832016 1145112 X false false false X 100000 0 0 0 0 100000 31285830 15772844 15709865 16062493 3226331 82057363 0 5737 1633 5183 605 13158 31385830 15778581 15711498 16067676 3226936 82170521 0 0 0 0 0 12898543 0 0 0 0 12898543 12898543 0 0 0 0 12898543 69271978 12400 16592 17443 17258 57085 120778 12400 16592 17443 17258 57085 120778 31398230 15795173 15728941 16084934 3284021 82291299 0.84179 0.84341 0.00147 0.00078 X 45000 45000 1056779 854809 201970 0 0 0 160805 130072 30733 71112 2884 68228 345931 SECURITIES 581577 C OTHER INVESTMENTS 99950 C 681527 X false false false false false false false false false Carol Baum 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Mary Hill 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule J Part III Officers Compensated by a Management Company Mary Hill and Carol Baum received compensation from Coppersands, Inc, an unrelated management company. Payment for their services to the organization is a part of the management fees of $223,418. The specific compensation received by the individuals is not disclosed to the organization. Castle Rock Care Center Real Estate 2010-02-04 4060553 Assumed Liabilities 264465503 Solterra at Castle Rock RE LLC 14650 N 78th Way Building B Scottsdale AZ 85260 LLC Garden of the Gods Care Ctr Real Estate 2010-02-04 1498537 Assumed Liabilities 264465437 Solterra at Garden of the Gods RE 14650 N 78th Way Building B Scottsdale AZ 85260 LLC Solterra Mtn View Care Ctr Real Estate 2010-02-04 1809383 Assumed Liabilities 264465472 Solterra at Mountain View RE LLC 14650 N 78th Way Building B Scottsdale AZ 85260 LLC Prairie View Care Center 2010-11-04 237416 Assessor Value 275025876 Small Town Investments LLC PO Box 158 Timnath CO 80547 LLC false false false false Part II, Column D Method of determing Fair Market Value of Assets The method for determining the fair market value of assets for the Castle Rock Care Center Real Estate, Garden of the Gods Care Center Real estate and Solterra mountain view care center real estate was the amount of liabilities assumed by the buyer. Part VI, Section A, Question 11A Form 990 Review Process The form 990 is prepared by a third party. An initial review of the The form 990 is reviewed by Leo Rostermundt, Vice President, and by Carol Baum, Vice President of Finance. A copy of the 990 is provided to the Board prior to filing with the IRS. Part VI, Section B, Questions 15a & 15b Compensation of Officers The compensation for directors is determined by the Board of Directors based on overall time and effort required by each Director/officer in carrying out their duties and considers all the extra activities that have been taking place over the past few years. Part of the ongoing consideration for the Vice Presidents' compensation has been the responsibility of management oversight for operations. Compensation is determined annually. Part VI, Section B, Question 12c Conflict of Interest Policy Monitoring Officers and directors are required to disclose at the time of the event any issue that may relate to a conflict of interest. Any issues brought to attention are monitored and enforced by the board of directors or by the management company. If a director should have a conflict of interest, the ongoing role of the individual as a director would be approved by the remaining members of the board. In addition, the director would be prohibited from any decision making regarding the conflict. Part VI, Section C, Question 19 Public Disclosure of Documents The financial statements, conflict of interest policy, and governing documents are available to the general public for a valid business purpose upon request to the corporate office. Part VI, Section A, Question 3 Delegation of Control Over Management Duties to Management Company The organization uses a management company to assist with the daily operations, oversight, and financial management. The vice president of the board is actively involved in communications with the management company to ensure directives by the board of directors are carried out. Part III, Question 2 Significant Changes to Program Services Beneficial Living Systems sold 4 out of the 5 facilities it controlled to unrelated parties in 2010. The disregarded entities on Schedule R sold the assets held by tehm. The Walsenburg Care Center located in Colorado is still a part of Beneficial Living Systems. Castle Rock-BLS Care Center LLC 3602 E Greenway Road Ste 104 Phoenix AZ 85032 450548043 LT Care CO 134 0 NA Garden of the Gods- BLS Care Center 3602 E Greenway Road Ste 104 Phoenix AZ 85032 450548045 LT Care CO 30 0 NA Mountain View- BLS Care Center LLC 3602 E Greenway Road Ste 104 Phoenix AZ 85032 450548041 LT Care CO 24 0 NA