2011-05-12T17:02:46-05:00 2010-06-30 RSM McGladrey Inc 117 E Main St Ste 210 Galesburg IL 61401 990 2009-07-01 364467489 Florida Living Options Inc FLOR 3093431550 851 West Lumsden Road Brandon FL 33511 CHARLES D WESTBAY 3093431550 2011-05-09 1 Ben McMahan 3093428026 2009 2016-02-24 21:20:13Z 851 West Lumsden Road Brandon FL 33511 26479351 0 X N/A X 2001 FL TO PROVIDE & OPERATE NURSING HOMES,ASSISTED LIVING FACILITIES & RETIREMENT HOUSING FOR ELDERLY. 4 4 789 45 0 0 34685 21706 24873087 26456682 5265 -298 0 24913037 26478090 0 0 12254303 12848502 0 0 11948228 12972441 24202531 25820943 710506 657147 6216484 7080488 5853271 6060128 363213 1020360 THE MISSION OF THE ORGANIZATION IS ARTICULATED IN ITS ARTICLES OF INCORPORATION AS FOLLOWS:THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS TAX-EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN FURTHERANCE OF THESE PURPOSES, THE CORPORATION MAY BUILD, LEASE, ACQUIRE AND OTHERWISE OWN AND OPERATE HOUSING, NURSING FACILITIES, CONTINUOUS CARE RETIREMENT COMMUNITIES AND OTHER RELATED FACILITIES AND SERVICES FOR THE ELDERLY, MENTALLY RETARDED, MENTALLY ILL, DEVELOPMENTALLY DISABLED AND OTHER LIKE CONDITIONS WITHOUT REGARD TO RACE, RELIGION, COLOR, SEX, CREED OR NATIONAL ORIGIN OF SAID PERSONS. 0 0 24253519 26456682 ALL PROGRAM SERVICES RELATE TO PROVIDING AND OPERATING NURSING HOMES, ASSISTED LIVING FACILITIES & RETIREMENT HOUSING FOR THE ELDERLY. 24253519 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 22 0 1 789 1 0 0 0 0 0 0 0 0 0 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X X RON WILSON RFMS INC 3093431550 285 SOUTH FARMHAM STREET GALESBURG IL 61401 CHARLES D WESTBAY 2.00 X X 4000 0 0 JOHN CROCK 2.00 X 4000 0 0 JOHN THOMPSON 2.00 X X 4000 0 0 DALE FENWICK 2.00 X 4000 0 0 RON WILSON FLASC INC 10.00 X 0 0 0 Vernon ZegEr 40.00 X 115395 0 8255 DEBRA FRANKLIN LTC SUPPORT 40.00 X 0 0 134828 131395 0 143083 1 0 0 0 Quality Care Rehab Inc 8477 South Suncoast BLVD Homosassa FL 34446 PHYSICAL THERAPY SERVICES 782347 FLASC INC 285 SOUTH Farnham STREET Galesburg IL 61401 ADMINISTRATIVE SERVICES 624828 LTC SUPPORT SERVICES LLC 285 SOUTH Farnham STREET GAlesburg IL 61401 SUPPORT SERVICES 228795 MCGLADREY & PULLEN LLP 5155 PAYSPHERE CIRCLE CHICAGO IL 60674 ACCOUNTING 172680 4 21706 21706 MEDICARE & MEDICAID 623000 16759751 16759751 RESIDENT PRIVATE PAY 623000 8453476 8453476 HOSPICE SERVICES 623000 731606 731606 GOVERNMENT AGENCY FEES 623000 356812 356812 OTHER INCOME 623000 155037 155037 26456682 963 963 1261 -1261 -1261 -1261 26478090 26456682 0 -298 17088 17088 11173011 10862004 311007 74169 72104 2065 677162 658313 18849 907072 881823 25249 790908 461886 329022 130238 130238 227435 227435 21663 21663 894618 886690 7928 85550 76995 8555 199088 159168 39920 15456 12365 3091 5092254 4940998 151256 77325 67388 9937 21162 19064 2098 30650 30650 407039 386687 20352 582209 486099 96110 SUPPLIES & SMALL EQUIP. 2873241 2873241 MEDICAID ASSESSMENT TAX 991250 991250 EQUIPMENT RENT & MAINT. 325584 323333 2251 SUBSCRIPTIONS & FEES 122566 45924 76642 UNCOLLECTIBLE CHARGES 61234 61234 22971 17537 5434 25820943 24253519 1567424 0 898766 1001037 413149 538242 2655984 3016161 229997 313778 3886386 1827237 1969146 2059149 10000 121813 39442 30308 6216484 7080488 2517506 2550930 89267 122745 2849317 3140000 397181 246453 5853271 6060128 X 363213 1020360 363213 1020360 6216484 7080488 X 0 1 1 X 0 X 1320 1030 168650 34685 21706 227391 21200788 22322102 23622158 24873087 26456682 118474817 21202108 22323132 23790808 24907772 26478388 118702208 0 0 0 118702208 2253 6584 3388 5265 963 18453 2253 6584 3388 5265 963 18453 21204361 22329716 23794196 24913037 26479351 118720661 0.99980 0.99980 0.00020 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21663 21663 24253519 24275182 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 4460 4769 3882 21663 34774 250000 250000 250000 250000 1000000 1500000 1956782 915562 1041220 1779594 761665 1017929 150010 150010 0 2059149 Resident Security Deposits 87220 Resident Trust Liabilities 30308 REFUNDABLE BALANCES 128925 246453 26478090 25820943 657147 0 657147 26479351 0 26479351 -1261 -1261 26478090 25822204 1261 1261 25820943 0 25820943 Part X: Description of Uncertain Tax Positions Under FIN 48: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION ADOPTED THIS NEW GUIDANCE FOR THE YEAR ENDED JUNE 30, 2010. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2006. Part XII, Line 4b - Other Adjustments: loss on equipment disposal: -1261. Part XIII, Line 2d - Other Adjustments: loss on equipment disposal: 1261. LTC SUPPORT SERVICES (LTC) TWO DIRECTORS COMMON TO FLO & LTC ARE JACK CROCK & CHARLES WESTBAY. 166080 MANAGEMENT SERVICES ARE PROVIDED BY LTC SUPPORT SERVICES, LLC., AS DESCRIBED ABOVE IN SCHEDULE O RELATIVE TO PART VI, SECTION A, LINE 3. JACK CROCK, WHO IS A DIRECTOR OF FLORIDA LIVING OPTIONS, INC., AND LTC SUPPORT SERVICES, LLC, RECEIVED DIRECTOR'S FEES OF $0 FROM LTC SUPPORT SERVICES, LLC. FOR THE FISCAL YEAR ENDING JUNE 30, 2010. CHARLES WESTBAY, WHO IS ALSO A DIRECTOR OF FLORIDA LIVING OPTIONS, INC., AND LTC SUPPORT SERVICES, LLC, RECEIVEd DIRECTOR'S FEES OF $0 FROM LTC SUPPORT SERVICES, LLC. for the fiscal year ending june 30, 2010. 0 Form 990, Part VI, Section A, line 3 THE ORGANIZATION RECEIVES MANAGEMENT SERVICES FROM LTC SUPPORT SERVICES, LLC, AN UNRELATED COMPANY. THESE SERVICES INCLUDE OVERSIGHT, TRAINING, REGULATORY COMPLIANCE, QUALITY ASSURANCE PROGRAMS, HUMAN RESOURCE SUPPORT, MARKETING AND MAINTENANCE. FLORIDA LIVING OPTIONS, INC., OWNS 12.5% OF LTC SUPPORT SERVICES, LLC. THE REMAINING 87.5% OF LTC SUPPORT SERVICES, LLC, IS OWNED BY UNRELATED EXEMPT ORGANIZATIONS. THE ORGANIZATION ALSO HAS A NEGOTIATED ARMS LENGTH ADMINISTRATIVE SERVICES CONTRACT WITH FLASC, INC., AN UNRELATED COMPANY, TO OBTAIN SERVICES SUCH AS CASH MANAGEMENT, ACCOUNTING AND FINANCIAL REPORTING, PAYROLL AND EMPLOYEE BENEFITS, INFORMATION TECHNOLOGY, REGULATORY MATTERS, AND OTHER GENERAL BUSINESS AND FINANCIAL MANAGEMENT SERVICES AS REQUIRED. Form 990, Part VI, Section B, line 11 EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A PAPER COPY OF FORM 990 FOR THEIR REVIEW AND COMMENT PRIOR TO ITS FILING. THE BOARD ALSO REVIEWS IN DETAIL EACH FORM 990 FILED BY THE ORGANIZATION AT ITS REGULARLY SCHEDULED BOARD MEETINGS. ON AN ANNUAL BASIS, EACH BOARD MEMBER ATTENDS A TRAINING SESSION THAT PROVIDES UPDATES ON CURRENT EXEMPT ORGANIZATION TAX COMPLIANCE MATTERS. Form 990, Part VI, Section B, line 12c ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ATTEST TO THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS REVIEWS ALL COMPLETED CONFLICT OF INTEREST STATEMENTS TO DETERMINE IF ANY CONFLICTS EXIST WHICH WOULD REQUIRE RESTRICTION ON PARTICIPATION IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN ANY TRANSACTIONS INVOLVING THE ORGANIZATION. Form 990, Part VI, Section C, line 18 A PAPER COPY OF FORM 990 IS PROVIDED UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE VIA THE GUIDESTAR.ORG WEBSITE. 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 EXCEPT THROUGH PUBLIC FILING REQUIREMENTS. FORM 990, PART VII, SECTION A, COLUMN F: DEBRA FRANKLIN IS EMPLOYED BY LTC SUPPORT SERVICES, LLC, AN UNRELATED ORGANIZATION WHICH PROVIDES MANAGEMENT SERVICES TO FLORIDA LIVING OPTIONS, INC., AS DETAILED IN THE SCHEDULE O EXPLANATION ABOVE RELATIVE TO FORM 990, PART VI, SECTION A, LINE 3. DEBRA FRANKLIN MANAGES THE OPERATIONS OF FLORIDA LIVING OPTIONS, INC., AND THE COMPENSATION REPORTED IN COLUMN F REPRESENTS 100% OF THE WAGES AS REPORTED ON HER LTC SUPPORT SERVICES, LLC, FORM W-2, BOX 5. FORM 990, PART XI, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FIRST FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467494 OPERATES A NURSING HOME & ASSISTED LIVNG FACILITY FOR THE ELDERLY. FL 9776110 2513436 N/A SECOND FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467496 OPERATES A NURSING HOME FOR THE ELDERLY. FL 11445976 2316521 N/A THIRD FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364467499 OPERATES AN ASSISTED LIVING FACILITY FOR THE ELDERLY. FL 1625645 157295 N/A FOURTH FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 364469681 OPERATES AN ASSISTED LIVING FACILITY FOR THE ELDERLY. FL 2077163 182419 N/A FIFTH FLORIDA LIVING OPTIONS LLC 851 W LUMSDEN RD BRANDON FL 33511 331094306 OPERATES AN INDEPENDENT LIVING RETIREMENT CENTER FOR THE ELDERLY. FL 1554457 411048 N/A SIXTH FLORIDA LIVING OPTIONS LLC 4100 SW 33RD AVENUE OCALA FL 34474 263708014 CURRENTLY UNDER DEVELOPMENT & OPERATIONS HAVE NOT YET COMMENCED. FL N/A SARVOP LLC 2806 FRITZKE ROAD DOVER FL 33527 202996830 FUTURE SKILLED-CARE FACILITY CURRENTLY UNDER DEVELOPMENT. FL 111813 N/A