2011-12-05T17:39:36-06:00 2011-03-31 KOHLER SCHMITT & HUTCHISON PC PO BOX 70607 FAIRBANKS AK 997070607 990 2010-04-01 201253962 RETIREMENT COMMUNITY OF FAIRBANKS RETI 9073745016 PO BOX 73006 FAIRBANKS AK 997073006 KAREN PARR 9073745016 2011-12-05 ELAINE WILLIAMSON 9074566676 2011-12-05 2010 2016-02-24 21:20:13Z KAREN PARR PRESIDENT PO BOX 73006 FAIRBANKS AK 99707 3028284 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 1 35 0 109563 2862188 156183 716 247 1677 9666 111956 3028284 0 0 22211 39228 37556 71419 38825 201835 78053 261602 33903 2766682 599038 5649808 412061 2696149 186977 2953659 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. false false 162856 157283 DURING 2009, THE ORGANIZATION WAS AWARDED A 2.236 MILLION GRANT FROM THE ALASKA HOUSING FINANCE CORPORATION (AHFC) THAT PARTIALLY FUNDS THE LAND ACQUISITION AND CONSTRUCTION PROJECT COSTS OF A 20 UNIT RENTAL FACILITY LOCATED IN FAIRBANKS, ALASKA. TOTAL PROJECT COST IS 5.176 MILLION. THE CONSTRUCTION CONTRACTOR FOR THE PROJECT WAS ISSUED A NOTICE TO PROCEED IN MARCH 2010. CONSTRUCTION WAS COMPLETED BY NOVEMBER 2010 AND READY FOR TENANT MOVE-IN AT THAT TIME. DURING THE YEAR THE ORGANIZATION RECEIVED INKIND LEGAL SERVICES IN THE AMOUNT OF 37,750 AND INKIND OFFICE MANAGEMENT IN THE AMOUNT OF 125,800. 162856 true true false false false false false false false false true false false false true true true false false false false false false true 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 4 0 1 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 MARY ANN BORCHERT 9073745016 PO BOX 73006 FAIRBANKS AK 99707 KAREN PARR 1.00 X X 0 0 0 MEG MARY GREENE 1.00 X X 0 0 0 NANCI JONES 1.00 X X 0 0 0 MIKE COOK 1.00 X X 0 0 0 JAMES WHITAKER 1.00 X 0 0 0 ARLAYNE KNOX 1.00 X 0 0 0 RANDY CHEAP 1.00 X 0 0 0 EMILY ENNIS 1.00 X 0 0 0 MARY ANN BORCHERT 1.00 X 0 0 0 SUSAN MOTTER 40.00 X 20093 0 0 20093 false false false CRITERION GENERAL 2820 COMMERCIAL DRIVE 2820 COMMERCIAL DRIVE ANCHORAGE AK 99501 CONSTRUCTION 3200923 WEEKS FIELD DEVELOPMENT GROUP 212 FRONT STREET 212 FRONT STREET FAIRBANKS AK 99701 DEVELOPER 397727 BETTISWORTH NORTH 212 FRONT STREET 212 FRONT STREET FAIRBANKS AK 99701 ARCHITECT 163129 3 2165 2202795 657228 490033 2862188 RAVEN LANDING I 531110 156183 156183 156183 247 247 OTHER 531110 8566 8566 APPLICATION FEES 531110 1100 1100 9666 3028284 166096 20093 20093 2118 2118 2916 1100 1816 12877 12877 37556 37556 945 252 693 3470 1042 1615 813 35176 29976 5200 26589 25876 713 7882 5145 2737 DEPRECIATION 50552 50552 BED DEBT EXPENSE 33050 33050 TENANT SERVICES 26702 26702 CREDIT CARD CHARGES 1236 1236 DUES 440 440 261602 162856 27327 71419 27873 20697 311289 416360 85200 45790 100000 100000 5117513 50552 74676 5066961 599038 5649808 33579 49671 17500 50000 2402989 310982 243489 412061 2696149 X 16217 6120 170760 2947539 186977 2953659 599038 5649808 2766682 X false true true X true true X 71352 198450 109563 2862188 3241553 1677 165849 167526 71352 198450 111240 3028037 3409079 33000 122050 17040 115754 287844 33000 122050 17040 115754 287844 3121235 4476 716 247 5439 4476 716 247 5439 71352 202926 111956 3028284 3414518 0.91410 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 490033 490033 4559406 47494 4511912 51367 3058 48309 16707 16707 5066961 PREPAID DEPOSITS 243489 243489 3028284 261602 2766682 2766682 2864734 -163550 -163550 3028284 3028284 98052 -163550 -163550 261602 261602 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 2008. X true HOWARD-TELLEFSON CONSULTING PO BOX 10409 FAIRBANKS AK 99710 CONSULT false 155369 37556 117813 155369 37556 117813 AK KAREN PARR CHAIRMAN 10854 DONATION/RENT false ARLAYNE KNOX DIRECTOR 11358 RENT false PERRI CARLSON DAUGH OF DIR 8694 RENT false X 1 490033 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. 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.