2011-11-10T11:44:01-06:00 2010-12-31 PLANTE & MORAN PLLC 65 EAST STATE ST STE 600 COLUMBUS OH 43215 990 2010-01-01 043660613 LIFE ENRICHING COMMUNITIES LIFE 5137193510 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 JAMES L BOWERSOX 5137193510 2011-11-08 1 BERNIE OSTROWSKI 6148493000 2010 2016-02-24 21:20:13Z SCOTT M MCQUINN 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 5229878 0 X WWW.LEC.ORG X 2001 OH LIFE ENRICHING COMMUNITIES SUPPORTS THE ACTIVITIES OF RELATED 501(C)(3) ORGANIZATIONS BY PROVIDING GUIDANCE, STRATEGIC PLANNING, MANAGEMENT SERVICES AND CORPORATE INFRASTRUCTURE. 15 12 36 13 33250 583 0 0 4937898 5126797 6714 -22772 263711 80436 5208323 5184461 3000 4000 0 0 2523190 2499469 0 0 0 2198450 2311481 4724640 4814950 483683 369511 14397401 13712958 16046654 14954838 -1649253 -1241880 X VISION...WE WILL BE A WORLD-CLASS LEADER IN SENIOR LIVING, CREATING, EXPANDING AND ENHANCING...LIFE WITH MEANING AND PURPOSEENRICHING OPPORTUNITIES AND EXPERIENCESCOMMUNITIES FOSTERING RELATIONSHIPS AND PERPETUATING LEGACYMISSION...WE ENHANCE THE LIFESTYLES OF OLDER ADULTS IN CHRISTIAN COMMUNITY THROUGH THE WAY OF WELLNESS BY OUR...PHILOSOPHY EMBRACING WHOLE-PERSON WELL BEINGPEOPLE DEVELOPING AND EMPOWERING A TALENTED TEAMPRACTICES CONTINUALLY IMPROVING SERVICEPERFORMANCE DELIVERING GREAT RESULTSVALUES...WE ARE AN EXTENDED FAMILY OF MULTIPLE GENERATIONS, BOUND TOGETHER BY...RESPECT HONORING THE DIGNITY OF ALL PEOPLEINNOVATION CREATING NEW AND BETTER APPROACHESSPIRITUALITY PURSUING OUR PURPOSE CONSISTENT WITH CHRISTIAN PRINCIPLESEXCELLENCE STRIVING FOR EXTRAORDINARY EFFECTIVENESS AND EFFICIENCY 0 0 3331716 4000 5126797 PROVIDE SUPPORTING SERVICES TO BENEFIT RELATED ORGANIZATIONS. 3331716 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 1 29 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 X 15 12 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 1 1 1 1 0 OH X X JAMES L BOWERSOX 5137193531 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 SCOTT M MCQUINN 17.00 X X 293548 0 81089 JAMES L BOWERSOX 19.00 X X 193881 0 67724 JOHN PAYNE 0.20 X 0 0 0 ANDY GRANT 0.40 X X 0 0 0 JOHN VONLEHMAN 0.40 X X 0 0 0 JOHN SROFE 0.20 X 0 0 0 JERRY WISSEL 0.40 X 0 0 0 GREG STOVER 0.20 X 0 0 0 PETER KUBASEK 0.20 X 0 0 0 BOB STEELE 0.20 X X 0 0 0 SWANN FREDRICKSON 0.40 X 0 0 0 WILLIAM CULP 0.40 X 0 0 0 LARRY BRUSHABER 0.30 X 0 0 0 RON BESHEAR 0.30 X 0 0 0 STEVE BLACK 0.30 X 0 0 0 ROBERT BENSON 7.00 X 26276 0 18354 PATRICK MCCOLLUM 40.00 X 118167 0 26287 KEN MCDONALD 40.00 X 126608 0 37947 MARK MOUNTEL 40.00 X 107138 0 15558 865618 0 246959 5 0 1 0 PRELUDE SERVICES 3911 HARTZDALE DR SUITE 1102 CAMP HILL PA 17011 INFORMATION SYSTEMS SERVICES 597259 PLANTE & MORAN PLLC 65 E STATE ST SUITE 600 COLUMBUS OH 43215 ACCOUNTING 151060 2 MANAGEMENT FEES 561000 5104103 5104103 THERAPY PARTNERSHIP 523000 22694 22694 5126797 22645 22645 45417 -45417 -45417 -45417 OTHER REVENUE 561000 47186 47186 WPWS MANAGEMENT FEE 561000 33250 33250 80436 5184461 5126797 33250 24414 4000 4000 584515 584515 1578291 1245162 333129 53229 23696 29533 132352 99951 32401 151082 90970 60112 58289 35128 23161 128415 128415 295372 212176 83196 6731 6731 312846 281663 31183 358702 358702 91127 30635 60492 19263 6531 12732 18751 14040 4711 151605 151605 532711 532711 RE TAX-INVESTMENT PROP 110503 110503 CABLE TV 91904 91904 DUES & LICENSES 50460 15401 35059 RECRUITING 49139 49139 WPWS MANAGEMENT EXPENSE 31667 31667 3996 2295 1701 4814950 3331716 1483234 0 979312 194050 28786 544237 588030 1028106 268257 512074 759849 10553415 10140235 210561 1808363 1791447 14397401 13712958 2822377 3436869 6863495 5467288 6360782 6050681 16046654 14954838 X -1649253 -1241880 -1649253 -1241880 14397401 13712958 X 369511 37862 X X 0 1 1 X 0 X X X X 0 0 0 TWIN TOWERS 310536677 9 1 1 1 0 TWIN LAKES 311708926 9 1 1 1 0 2 0 SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART I, LINE 11(H)(VII)--AMOUNT OF SUPPORT: LIFE ENRICHING COMMUNITIES PROVIDES MANAGEMENT SERVICES, SHARED EMPLOYEES, AND EXPENSE REIMBURSEMENTS TO SUPPORTED ORGANIZATIONS. SEE SCHEDULE R, PART V. 1028106 268257 759849 759849 FUNDED RETIREMENT 264280 DEFERRED BOND COSTS 1396976 ACCRUED INTEREST RECEIVABLE 130191 1791447 RETIREMENT PLANS (403B, 457) 264280 DUE TO AFFILIATES 5621557 OTHER LIABILITIES 164844 6050681 X 1 1 X X X 0 0 0 0 0 0 0 0 0 SCOTT M MCQUINN 229848 0 53500 0 10200 0 69849 0 11240 0 374637 0 53500 0 JAMES L BOWERSOX 149881 0 44000 0 0 0 56484 0 11240 0 261605 0 44000 0 KEN MCDONALD 107608 0 19000 0 0 0 26796 0 11151 0 164555 0 19000 0 PART I, LINE 1A SCOTT MCQUINN, CEO, HAS A DISCRETIONARY SPENDING ACCOUNT THAT IS INCLUDED IN HIS TAXABLE INCOME. THE ACCOUNT IS SUBJECT TO REVIEW BY THE EXECUTIVE COMMITTEE. HAMILTON CTY OH ACTING BY AND THROUGH THE HAMILTON CTY HOSP COMMISSION 316000063 40727RAK4 2006-12-01 82072460 TO REFUND PRIOR BOND ISSUES DATED 10/1/98, 7/28/99, AND 8/28/03 0 0 0 HAMILTON CTY OH ACTING BY AND THROUGH THE HAMILTON CTY HOSP COMMISSION 316000063 40727RAL2 2006-12-01 10845000 TO FUND CONSTRUCTION PROJECTS AT TWIN TOWERS AND TWIN LAKES 0 0 0 HAMILTON CTY OH ACTING BY AND THROUGH THE HAMILTON CTY HOSP COMMISSION 316000063 40727RAN8 2008-11-06 9395000 TO REFUND PRIOR BOND ISSUE DATED 12/1/2006 0 0 0 80515102 5027216 1128251 80515102 2005 1 1 0 0 10640000 683082 136745 7867824 2778764 2010 0 0 0 0 9330000 591752 217282 9330000 2005 1 1 0 0 0 1 1 0 1 0.00250 0.00500 0.00750 1 0 0 0 0 1 0.00000 0.00000 0.00000 1 0 1 1 0 1 0.00250 0.00500 0.00750 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 SCHEDULE K SUPPLENTAL INFORMATION TAX-EXEMPT BONDS WERE ISSUED TO THE OBLIGATED GROUP CONSISTING OF LIFE ENRICHING COMMUNITIES, LIFE ENRICHING COMMUNITIES FOUNDATION, TWIN TOWERS, AND TWIN LAKES. ALL FOUR ENTITIES ARE LISTED ON FORM 8038 THEREFORE THE AMOUNT OF THE BONDS REPORTED ON SCHEDULE K FOR ALL FOUR ENTITIES REFLECTS 100% OF THE BONDS' VALUE AS REPORTED ON FORM 8038. THE AMOUNT OF TAX-EXEMPT BONDS RECORDED ON THE BALANCE SHEET OF LIFE ENRICHING COMMUNITIES REFLECTS ONLY THE AMOUNT SPECIFICALLY ALLOCATED FOR ITS PARTICULAR PROJECTS. SCHIFF KRIEDLER SHELL BOARD MEMBER CULP IS AN OFFICER AND SHAREHOLDER OF SCHIFF KRIEDLER SHELL 566270 WILLIAM CULP IS A SHAREHOLDER, OFFICER, AND EMPLOYEE OF SCHIFF KRIEDLER SHELL, A FIRM PROVIDING INSURANCE BROKERAGE SERVICES AND ADVICE RELATED TO PROPERTY AND CASUALTY COVERAGE FOR LIFE ENRICHING COMMUNITIES. THE TRANSACTION AMOUNT INCLUDES BOTH THE PREMIUMS PAID FOR COVERAGE AS WELL AS COMPENSATION TO SCHIFF KRIEDLER SHELL. A COMPETITIVE BIDDING PROCESS FOR THESE SERVICES WAS COMPLETED IN THE YEAR SCHIFF KRIEDLER SHELL WAS CONTRACTED, AND MR. CULP WAS EXCLUDED FROM VOTING ON INSURANCE MATTERS. IN ADDITION, EVERY TWO YEARS, AS PART OF A REVIEW OF THE TAX-EXEMPT BONDS, INSURANCE COVERAGE IS EVALUATED BY AN EXTERNAL CONSULTANT TO ENSURE IT IS APPROPRIATE FOR THE ORGANIZATION'S NEEDS. 0 FORM 990, PART VI, SECTION B, LINE 10B TO ENSURE ITS ACTIVITIES ARE ACCOUNTED FOR UNDER THE SAME METHODS, THE TWO DISREGARDED ENTITIES OF LIFE ENRICHING COMMUNITIES (OB WILSON, LLC AND HC WEAKLEY, LLC) ARE GOVERNED BY A BOARD WHICH HAS COMMON MEMBERSHIP WITH THE BOARDS OF LIFE ENRICHING COMMUNITIES AND ITS AFFILIATES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE REVIEWS AND APPROVES FORMS 990 AND 990-T PRIOR TO FILING. DISCUSSIONS CONCERNING FORMS 990 AND 990-T, QUESTIONS AND ANSWERS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE FINANCE COMMITTEE MEETING. ADDITIONALLY, COPIES OF FORMS 990 AND 990-T WERE MADE AVAILABLE TO THE BOARD OF TRUSTEES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND TRUSTEES ARE REQUIRED TO REPORT ANY CONFLICTS OR POTENTIAL CONFLICTS OF INTEREST AT LEAST ONCE A YEAR. A QUESTIONNAIRE IS COMPLETED, SIGNED AND DATED BY THE PERSON COMPLETING THE QUESTIONNAIRE. THE RESULTS ARE COMPILED INTO A SINGLE DOCUMENT AND DISTRIBUTED TO THE PERSONS APPROVING ACCOUNTS PAYABLE AND SIGNING CHECKS AS WELL AS TO THE BOARD OF TRUSTEES. CONFLICTS OF INTEREST ARE MONITORED TO ENSURE THAT THOSE WITH CONFLICTS DO NOT VOTE ON MATTERS WHERE THEY HAVE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 TOTAL CASH COMPENSATION, INCLUSIVE OF BASE PAY, VARIABLE COMPENSATION, RETIREMENT CONTRIBUTIONS AND BENEFITS FOR APPLICABLE POSITIONS IS COMPARED TO DATA CONTAINED IN THE ANNUAL AAHSA-CEMO SENIOR LIVING COMPENSATION SURVEY (A NATIONAL INDUSTRY ORGANIZATION). COMPENSATION BANDS FOR EACH APPLICABLE POSITION WERE ALSO ESTABLISHED BASED ON THE SURVEY DATA. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND APPROVES VARIOUS ELEMENTS OF EXECUTIVE COMPENSATION BASED ON AND AS REQUIRED BY THE ORGANIZATION'S EXECUTIVE COMPENSATION POLICY AND THE EXECUTIVE INCENTIVE PLAN. SPECIFICALLY, THE CEO'S COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. COMPENSATION FOR OTHER EXECUTIVE TEAM MEMBERS ARE DETERMINED BY THE CEO WITH RECOMMENDATIONS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THESE APPROVALS WERE CONTEMPORANEOUSLY DOCUMENTED IN COMMITTEE MEETING MINUTES AND APPROVED BY THE BOARD. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 AND 2011. FORM 990, PART VI, SECTION C, LINE 18 LIFE ENRICHING COMMUNITIES MAKES ITS FORM 1023, FORM 990, AND FORM 990-T AVAILABLE ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 LIFE ENRICHING COMMUNITIES MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON WRITTEN REQUEST. THE ORGANIZATION'S CONDENSED FINANCIAL STATEMENTS ARE PUBLISHED ON ITS WEBSITE AND IN ITS ANNUAL REPORT WHICH IS DISTRIBUTED TO FRIENDS, FAMILY MEMBERS, BUSINESS PARTNERS AND CONTRIBUTORS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 37,862. FORM 990, PART XI, LINE 2: THE FINANCE COMMITTEE OF THE BOARD FUNCTIONS AS THE ORGANIZATION'S AUDIT COMMITTEE. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII: CEO SCOTT MCQUINN WORKS APPROXIMATELY 14.5 HOURS FOR TWIN LAKES, 15.5 HOURS FOR TWIN TOWERS, AND .5 HOURS FOR LIFE ENRICHING COMMUNITIES FOUNDATION. CFO JAMES BOWERSOX WORKS APPROXIMATELY 12 HOURS FOR TWIN LAKES, 15.5 HOURS FOR TWIN TOWERS, AND .5 HOURS FOR LIFE ENRICHING COMMUNITIES FOUNDATION. VP OF OPERATIONS ROBERT BENSON WORKS APPROXIMATELY 26 HOURS FOR TWIN LAKES, AND 14.5 HOURS FOR TWIN TOWERS. FORM 990, PART IV, LINE 24A: TAX-EXEMPT BONDS WERE ISSUED TO THE OBLIGATED GROUP CONSISTING OF LIFE ENRICHING COMMUNITIES, LIFE ENRICHING COMMUNITIES FOUNDATION, TWIN TOWERS, AND TWIN LAKES. AS THE PARENT ORGANIZATION, LIFE ENRICHING COMMUNITIES HAS COMPLETED SCHEDULE K TO REFLECT 100% OF THE BONDS' VALUE AS REPORTED ON FORM 8038 FOR THE OBLIGATED GROUP. THE AMOUNT OF TAX-EXEMPT BONDS RECORDED ON THE BALANCE SHEET REFLECTS THE AMOUNT SPECIFICALLY ALLOCATED FOR LIFE ENRICHING COMMUNITIES' PARTICULAR PROJECTS. OB WILSON LLC 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 263876446 HOLDING COMPANY, FORMED IN 2008 OH 44253 800890 LIFE ENRICHING COMMUNITIES HC WEAKLEY LLC 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 263876150 HOLDING COMPANY, FORMED IN 2008 OH 44253 800890 OB WILSON LLC LIFE ENRICHING COMMUNITIES FOUNDATION 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 061708088 SUPPORTING FOUNDATION OH 501C3 11 TYPE II LIFE ENRICHING COMMUNITIES 1 TWIN TOWERS 5343 HAMILTON AVE CINCINNATI OH 45224 310536677 SENIOR CARE AND HOUSING OH 501C3 9 LIFE ENRICHING COMMUNITIES 1 TWIN LAKES 9840 MONTGOMERY ROAD CINCINNATI OH 45242 311708926 SENIOR CARE AND HOUSING OH 501C3 9 LIFE ENRICHING COMMUNITIES 1 LEC NFP 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 261133673 INACTIVE OH N/A N/A LIFE ENRICHING COMMUNITIES 1 WHOLE-PERSON WELLNESS SOLUTIONS INC 3051 ARBORCREEK LN CINCINNATI OH 45242 261134796 WHOLE-PERSON WELLNESS CONSULTING AND EDUCATION OH HC WEAKLEY LLC C -241734 3620 1.00000 LEC COMMUNITY SERVICES INC 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 261130747 INACTIVE OH LIFE ENRICHING COMMUNITIES C 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 TWIN TOWERS N 34248 PAYROLL ALLOCATION LIFE ENRICHING COMMUNITIES FOUNDATION N 149342 PAYROLL ALLOCATION TWIN LAKES P 514099 CASH TRANSACTION TWIN TOWERS O 1202726 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION R 130036 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION Q 5565662 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION K 5077756 CASH TRANSACTION TWIN LAKES O 19671 CASH TRANSACTION TWIN LAKES N 103176 PAYROLL ALLOCATION TWIN LAKES Q 250000 CASH TRANSACTION WHOLE-PERSON WELLNESS SOLUTIONS INC B 210561 CASH TRANSACTION SCHEDULE R, PART V: A CONCENTRATION ACCOUNT IN THE NAME OF LIFE ENRICHING COMMUNITIES FOUNDATION IS USED TO SWEEP THE DAILY RESIDUAL CASH FROM THE OPERATING ACCOUNT OF TWIN TOWERS, TWIN LAKES, AND LIFE ENRICHING COMMUNITIES, RELATED, TAX-EXEMPT ORGANIZATIONS. IF ADDITIONAL FUNDS ARE NEEDED TO COVER DISBURSEMENTS FROM THE ENTITIES' OPERATING ACCOUNT THE FUNDS ARE TRANSFERRED FROM THE CONCENTRATION ACCOUNT. THE MAJORITY OF THE TRANSFERS SHOWN BETWEEN THE ORGANIZATION AND LIFE ENRICHING COMMUNITIES FOUNDATION ARE THE ORGANIZATION'S TOTAL DAILY DEPOSITS AND TOTAL DAILY DISBURSEMENTS, LESS AMOUNTS SPECIFICALLY INCLUDED ON OTHER LINES OF SCHEDULE R, PART V.