2011-05-13T12:16:02-05:00 2010-12-31 KNIGHT FIELD FABRY LLP 2810 NORTH SPEER BOULEVARD DENVER CO 80211 990 2010-01-01 840526484 GOLDEN WEST COMMUNITIES INC GOLD 3034443967 1055 ADAMS CIRCLE BOULDER CO 80303 JOHN HINKELMAN 3034443967 2011-05-05 1 ROBERT E FABRY CPA 3035317433 2010 2016-03-07 17:11:31Z JOHN HINKELMAN 1055 ADAMS CIRCLE BOULDER CO 80303 6945316 0 X WWW.GWBOULDER.ORG X 1963 CO GOLDEN WEST COMMUNITIES, INC. (FORMERLY KNOWN AS FIRST CHRISTIAN MANOR) PROVIDES QUALITY HOUSING AND RELATED SERVICES TO PERSONS AGED 62 AND OLDER IN AN ENVIRONMENT THAT IS SUPPORTIVE OF THE SENIOR RESIDENTS AND THE LOCAL COMMUNITY. 11 11 134 130 0 0 0 151759 6440499 6498421 -26602 26920 160182 55895 6574079 6732995 0 0 0 0 2576234 2601031 0 0 150945 3934537 4050151 6510771 6651182 63308 81813 25660067 25650236 25521238 25867806 138829 -217570 GOLDEN WEST COMMUNITIES, INC. OFFERS AFFORDABLE HOUSING CHOICES TO PEOPLE 62 YEARS OF AGE AND OLDER. THE ORGANIZATION IS COMMITTED TO PROVIDING QUALITY SERVICE TO RESIDENTS, THEIR FAMILIES AND THE BOULDER COMMUNITY. 0 0 5723224 6498421 PROVIDING APARTMENT RENTALS, ASSISTED LIVING CARE, FOOD SERVICE, SOCIAL ACTIVITIES, WELLNESS PROGRAMS, AND SUPPORTIVE SERVICES FOR THE ELDERLY. 5723224 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 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 0 0 0 0 0 0 0 1 10 0 1 134 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X TRACY SWEN 3034443967 1055 ADAMS CIRCLE BOULDER CO 80303 JOHN HINKELMAN 2.00 X X 0 0 0 JANET LAPPEN 2.00 X X 0 0 0 CLAIRE HUNTER 2.00 X X 0 0 0 J DENNIS HYNES 2.00 X X 0 0 0 JEANNINE HENDERSON 1.00 X 0 0 0 WILLIAM NAGEL 1.00 X 0 0 0 JENNIFER SULLIVAN 1.00 X 0 0 0 NICHOLAS REHNBERG 1.00 X 0 0 0 MACKY BENNETT 1.00 X 0 0 0 CLAUDIA HELADE 1.00 X 0 0 0 ROB FRANCE 1.00 X 0 0 0 JOHN TORRES 40.00 X 119795 0 8339 119795 0 8339 1 0 0 0 0 131081 20678 151759 APARTMENT RENTAL 531110 4359727 4359727 LIVING ASSISTANCE SVC 623990 2138694 2138694 6498421 18992 18992 29613 29613 29613 29613 220249 207668 4653 12581 -4653 7928 7928 LAUNDRY AND VENDING 812900 23670 23670 OTHER INCOME 900099 2612 2612 26282 6732995 6554316 0 26920 119795 11980 101825 5990 1989065 1520303 369041 99721 29995 21794 6701 1500 291730 211969 65134 14627 170446 123845 38057 8544 7376 7376 11600 11600 414723 360610 39114 14999 25803 25803 166101 152702 8290 5109 7408 6051 1357 34506 29309 5197 3546 3093 453 1201818 1201818 858450 841281 17169 65590 64279 1311 FOOD COSTS 493507 493507 UTILITIES 422411 413963 8448 0 REPAIRS AND MAINTENANCE 125835 125835 TELEPHONE 125384 121056 4328 REAL ESTATE TAX 32147 0 32147 53946 19829 33662 455 6651182 5723224 777013 150945 183224 119560 1345980 1481001 26139 36002 23883 22053 93864 80882 29964683 8010560 22325525 21954123 765938 1065594 801637 760236 93877 130785 25660067 25650236 337119 325406 285000 24786837 24401507 397282 855893 25521238 25867806 X 138829 -217570 138829 -217570 25660067 25650236 X 81813 -438212 X X 0 1 1 X 0 X 33558 1173 90553 151759 277043 4102272 4245041 5485381 6472040 6498421 26803155 4135830 4246214 5575934 6472040 6650180 27080198 0 119461 126434 179967 85203 64389 575454 119461 126434 179967 85203 64389 575454 26504744 79709 116804 91277 20493 18992 327275 79709 116804 91277 20493 18992 327275 4215539 4363018 5667211 6492533 6669172 27407473 0.96710 0.95830 0.01190 0.01580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 188500 188500 28808414 7299021 21509393 967769 711539 256230 21954123 SECURITY DEPOSITS 372355 INTEREST RATE SWAP 483538 855893 6732995 6651182 81813 45326 -323467 -160071 -438212 -356399 6757643 45326 45326 6712317 20678 20678 6732995 6630504 0 6630504 20678 20678 6651182 PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN INTEREST RATE SWAP LIABILITY -160,071. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT INCOME FROM GOLDEN WEST FOUNDATION 20,678. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GRANT INCOME (REIMBURSEMENTS) FROM GOLDEN WEST FOUNDATION 20,678. CO HEALTH FACILITIES AUTHORITY 840752932 196474X21 2005-07-01 8675000 REFI, RENOVATION & CONSTRUCTION 0 0 0 CO HEALTH FACILITIES AUTHORITY 840752932 1964743G3 2006-06-13 6680000 CONSTRUCTION OF FACILITIES 0 0 0 HOUSING AUTHORITY OF BOULDER COUNTY 840742772 10146KAV1 2005-12-22 10000000 CONSTRUCTION OF FACILITIES 0 0 0 8675000 2005 0 0 0 0 6680000 2006 0 0 0 0 10000000 2005 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY THE BOARD'S FINANCE COMMITTEE. UPON ACCEPTANCE BY THE FINANCE COMMITTEE, THE 990 IS PROVIDED TO THE FULL BOARD FOR THEIR APPROVAL. UPON APPROVAL BY THE BOARD, THE 990 IS THEN SIGNED AND DATED BY THE BOARD'S PRESIDENT AND SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. IT IS THE RESPONSIBILITY OF ALL BOARD MEMBERS AND STAFF TO BE AWARE OF THE POLICY AND TO IDENTIFY ALL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DEVELOPS THE COMPENSATION PACKAGE FOR THE EXECUTIVE DIRECTOR BASED UPON THE EXECUTIVE DIRECTORS ANNUAL PERFORMANCE REVIEW AND OVERALL BUDGETARY LIMITATIONS. ANY BONUSES PAID TO THE EXECUTIVE DIRECTOR ARE APPROVED BY THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOLDEN WEST COMMUNITIES, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REASONABLE REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 45,326. PRIOR PERIOD ADJUSTMENTS: -323,467. CHANGE IN INTEREST RATE SWAP LIABILITY -160,071. TOTAL TO FORM 990, PART XI, LINE 5: -438,212. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES TO THIS PROCESS FROM THE PRIOR YEAR.