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 310536677 TWIN TOWERS TWIN 5138532000 5343 HAMILTON AVE CINCINNATI OH 45224 JAMES L BOWERSOX 5138532000 2011-11-08 1 BERNIE OSTROWSKI 6148493000 2010 2016-03-07 17:11:31Z SCOTT M MCQUINN 6279 TRI-RIDGE STE 320 LOVELAND OH 45140 40884108 0 X WWW.TWINTOWERS.ORG X 1899 OH THE PURPOSE OF TWIN TOWERS IS TO CREATE AND MAINTAIN A CHRISTIAN COMMUNITY WHERE OLDER ADULTS CAN JOIN WITH ADMINISTRATION AND STAFF TO LIVE AS AN EXTENDED FAMILY AND BE ENCOURAGED TO LIVE AT THE HIGHEST POSSIBLE LEVEL OF INDEPENDENCE, AND IN KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST CHURCH, TO PROVIDE OLDER ADULTS WITH ACCOMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS. 12 9 462 223 0 0 440430 364871 23105252 23305021 94266 1018771 375689 22165 24015637 24710828 611417 710222 0 0 8753413 8600365 0 0 0 14493763 16685222 23858593 25995809 157044 -1284981 65431374 64978801 38293712 38874177 27137662 26104624 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 21602457 710222 22915706 TWIN TOWERS PROVIDES ITS RESIDENTS WITH NURSING CARE BEDS (106) OR ASSISTED LIVING UNITS (94) IF THEY ARE NOT ABLE TO LIVE INDEPENDENTLY, OR APARTMENTS OR PATIO HOMES (270) IF THEY ARE ABLE TO LIVE INDEPENDENTLY. TWIN TOWERS ALSO PROVIDES ITS RESIDENTS WITH RELIGIOUS, SOCIAL, EDUCATIONAL, AND WELLNESS PROGRAMS AND SERVICES. DINING SERVICES INCLUDE THREE MEALS PER DAY FOR NURSING CARE, ASSISTED LIVING AND STUDIO APARTMENT RESIDENTS. THE REMAINING RESIDENTS RECEIVE ONE MEAL PER DAY. MAINTENANCE, ENVIRONMENTAL SERVICES AND LAUNDRY SERVICES ALSO ARE PROVIDED AT VARIOUS LEVELS FOR TWIN TOWERS' RESIDENTS. 394963 410924 TWIN TOWERS PROVIDES ADULT DAY CARE SERVICES IN A SEPARATE STATE OF THE ART FACILITY ON CAMPUS THAT CAN ACCOMODATE UP TO 50 PARTICIPANTS DAILY. THESE SERVICES ARE PROVIDED MONDAY THROUGH FRIDAY. 21997420 1 1 0 1 0 0 0 0 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 51 0 1 462 1 0 0 0 0 0 0 0 0 0 0 X 12 9 0 0 0 0 1 1 1 1 1 0 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 15.50 X X 0 293548 81089 JAMES L BOWERSOX 15.50 X X 0 193881 67724 SWANN FREDRICKSON 0.40 X X 0 0 0 DAVID MACK 0.20 X 0 0 0 LARRY BRUSHABER 0.30 X 0 0 0 DON CORNETT 0.30 X 0 0 0 RUBY CRAWFORD-HEMPHILL 0.20 X 0 0 0 WILLIAM CULP 0.40 X 0 0 0 ANDY GRANT 0.40 X 0 0 0 JIM LAY 0.20 X 0 0 0 GREG STOVER 0.20 X 0 0 0 STEVE BLACK 0.10 X 0 0 0 RENE SHARP 48.00 X 113114 0 12743 ROBERT BENSON 14.50 X 0 26276 18354 113114 513705 179910 1 0 1 0 VIOX SERVICES INC LOCATION NO 347 CINCINNATI OH 45264 MAINTENANCE, ENVIRONMENTAL SVCS 1709380 SCFS INC 1927 SOUTH TREYON ST SUITE 207 CHARLOTTE NC 28203 ARCHITECTURAL SERVICES 522071 HUDAWN FACILITIES CONSTRUCTION 4455 BETHANY ROAD MASON OH 45040 CONSTRUCTION SERVICES 500077 ALLIANCE REHAB SRA 1520 KENSINGTON ROAD SUITE 110 OAK BROOK IL 60523 THERAPY SERVICES 407011 GREENBRIER DEVELOPMENT LLC 3232 MCKINNEY AVE SUITE 100 DALLAS TX 75204 DEVELOPMENT CONSULTING 236484 9 364871 364871 RESIDENT REVENUE 623000 17726230 17726230 MEDICARE/MEDICAID 623000 5223950 5223950 RESIDENT SERVICES 623000 354841 354841 23305021 758927 758927 5860 5304 556 556 556 16427820 16051407 116569 376413 -116569 259844 259844 OTHER REVENUE 623000 13117 13117 CHANGE IN GIFT ANNUITY 900001 8492 8492 21609 24710828 23326630 0 1019327 710222 710222 113383 113383 6966263 6718422 247841 80013 71497 8516 934065 891053 43012 506641 479522 27119 3200800 3200800 20267 20267 121222 121222 2533001 2468639 64362 40876 1093 39783 1182114 1125771 56343 1896448 1896448 6368 3455 2913 23125 15340 7785 1449852 1449852 4195648 4195648 RESIDENT ACTIVITIES 1429063 1429063 DUES & LICENSES 523200 483984 39216 BAD DEBTS 50434 50434 OTHER EXPENSES 12804 6977 5827 25995809 21997420 3998389 0 13886 14734 110089 110089 2379205 2536620 338160 426360 89922 76474 8458 7964 79169093 36097411 44667307 43071682 8202590 9187156 9621757 9547722 65431374 64978801 1559672 2280665 5813218 5727152 27825987 28555842 3094835 2310518 38293712 38874177 X 17468185 16008577 1764145 2190715 7905332 7905332 27137662 26104624 65431374 64978801 X -1284981 251943 X X 0 1 1 X 0 X 567436 1958789 530326 440430 364871 3861852 21032969 21710287 23250353 23448413 23305021 112747043 21600405 23669076 23780679 23888843 23669892 116608895 0 22131 22131 22131 22131 116586764 1380838 1901456 1066843 563221 764787 5677145 222528 141324 363852 1603366 2042780 1066843 563221 764787 6040997 32671 21609 54280 23203771 25711856 24847522 24484735 24456288 122704172 0.95010 0.92760 0.04920 0.05660 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS CHANGE IN GIFT ANNUITY RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1561 1561 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: A PERCENTAGE OF DUES PAYMENTS TO LEADINGAGE OHIO RELATES TO LOBBYING. 9260576 164625 42486 9382715 9142438 157424 39286 9260576 9443576 37659 338797 9142438 0.00000 0.84000 0.16000 1 0 4912326 4912326 63849440 29672050 34177390 8364358 6425361 1938997 2042969 2042969 43071682 CEMETERY LOTS 13778 CERTIFICATE OF NEED - ADDITIONAL NURSING BEDS 227221 DUE FROM AFFILIATES 7780003 IRREVOCABLE TRUST 1477374 ACCRUED INTEREST RECEIVABLE 49346 9547722 REFUNDABLE LIFE USE FEES 1284056 ADVANCED DEPOSITS - RESIDENTS 793656 DISTRIBUTIONS PAYABLE 218074 RESIDENT FUNDS HELD IN TRUST 14732 2310518 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INCOME FROM MOST OF THE ENDOWMENT FUNDS IS PRIMARILY TO BE USED FOR GENERAL ACTIVITIES OF THE ORGANIZATION. THE INCOME FROM THE REMAINING FUNDS IS TO BE USED FOR UPKEEP OF A PORTION OF THE BUILDING, PROVIDING BENEVOLENT CARE AND SCHOLARSHIPS (LESS THAN .5% OF THE TOTAL). 1 BENEVOLENT CARE TO RESIDENTS 22 710222 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: RESIDENTS MUST APPLY TO ALL GOVERNMENT SOURCES BEFORE BEING GRANTED BENEVOLENT ASSISTANCE. APPLICATIONS DISCLOSING THE RESIDENT'S CURRENT FINANCIAL POSITION ARE REVIEWED AND APPROVED BY FINANCE AND THE FACILITY ADMINISTRATOR. UPON APPROVAL, BENEVOLENT ASSISTANCE IS PROVIDED IN THE FORM OF CREDITING CHARGES FROM THE RESIDENT'S MONTHLY BILLING STATEMENT AND CHARGING BENEVOLENT CARE EXPENSE. 0 0 0 0 0 0 0 0 0 SCOTT M MCQUINN 0 229848 0 53500 0 10200 0 69849 0 11240 0 374637 0 53500 JAMES L BOWERSOX 0 149881 0 44000 0 0 0 56484 0 11240 0 261605 0 44000 SUPPLEMENTAL INFORMATION PART III PART I, LINE 3: THE EXECUTIVE COMMITTEE OF LIFE ENRICHING COMMUNITIES, A RELATED ORGANIZATION, REVIEWS AND APPROVES THE COMPENSATION OF THE CEO. AN INDUSTRY SURVEY IS UTILIZED IN THEIR DETERMINATION OF COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6 LIFE ENRICHING COMMUNITIES, A NON-PROFIT CORPORATION, IS THE SOLE MEMBER OF TWIN TOWERS. FORM 990, PART VI, SECTION A, LINE 7A LIFE ENRICHING COMMUNITIES ELECTS THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS ARE SUBJECT TO APPROVAL BY LIFE ENRICHING COMMUNITIES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF LIFE ENRICHING COMMUNITIES, THE SOLE MEMBER OF TWIN TOWERS, REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING. DISCUSSIONS CONCERNING THE FORM 990, QUESTIONS AND ANSWERS ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES OF THE FINANCE COMMITTEE MEETING. ADDITIONALLY, A COPY OF THE FORM 990 WAS 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 A RELATED ORGANIZATION, LIFE ENRICHING COMMUNITIES, PAYS COMPENSATION TO THE ORGANIZATION'S CEO AND OTHER OFFICERS. 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 LIFE ENRICHING COMMUNITIES 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 LIFE ENRICHING COMMUNITIES BOARD. COMPENSATION FOR OTHER EXECUTIVE TEAM MEMBERS ARE DETERMINED BY THE CEO WITH RECOMMENDATIONS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE LIFE ENRICHING COMMUNITIES BOARD. THESE APPROVALS WERE CONTEMPORANEOUSLY DOCUMENTED IN COMMITTEE MEETING MINUTES AND APPROVED BY THE LIFE ENRICHING COMMUNITIES BOARD. THIS PROCESS WAS LAST UNDERTAKEN IN 2010 AND 2011. FORM 990, PART VI, SECTION C, LINE 18 TWIN TOWERS MAKES ITS FORM 1023 AND FORM 990 AVAILABLE ON ITS WEBSITE AND UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 TWIN TOWERS 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: 87,318. SPLIT INTEREST TRUSTS 164,625. TOTAL TO FORM 990, PART XI, LINE 5: 251,943. 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, 17 HOURS FOR LIFE ENRICHING COMMUNITIES, AND .5 HOURS FOR LIFE ENRICHING COMMUNITIES FOUNDATION. CFO JAMES BOWERSOX WORKS APPROXIMATELY 12 HOURS FOR TWIN LAKES, 19 HOURS FOR LIFE ENRICHING COMMUNITIES, AND .5 HOURS FOR LIFE ENRICHING COMMUNITIES FOUNDATION. VP OF OPERATIONS ROBERT BENSON WORKS APPROXIMATELY 26 HOURS FOR TWIN LAKES, AND 7 HOURS FOR LIFE ENRICHING COMMUNITIES. 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. NO SCHEDULE K WAS COMPLETED FOR TWIN TOWERS. THE AMOUNT OF TAX-EXEMPT BONDS RECORDED ON THE BALANCE SHEET OF TWIN TOWERS REFLECTS THE AMOUNT SPECIFICALLY ALLOCATED FOR ITS PARTICULAR PROJECTS. LIFE ENRICHING COMMUNITIES 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 043660613 SUPPORTING ORGANIZATION FOR TWIN TOWERS AND TWIN LAKES OH 501(C)(3) 11 TYPE III N/A 0 LIFE ENRICHING COMMUNITIES FOUNDATION 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 061708088 SUPPORTING FOUNDATION OH 501(C)(3) 11 TYPE II LIFE ENRICHING COMMUNITIES 1 TWIN LAKES 9840 MONTGOMERY ROAD CINCINNATI OH 45242 311708926 SENIOR CARE AND HOUSING OH 501(C)(3) 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 LANE CINCINNATI OH 45242 261134796 WHOLE-PERSON WELLNESS CONSULTING AND EDUCATION OH N/A C LEC COMMUNITY SERVICES INC 6279 TRI-RIDGE BLVD SUITE 320 LOVELAND OH 45140 261130747 INACTIVE OH N/A C 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 TWIN LAKES N 89828 PAYROLL ALLOCATON LIFE ENRICHING COMMUNITIES N 34248 PAYROLL ALLOCATON LIFE ENRICHING COMMUNITIES FOUNDATION L 3200800 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION C 364871 CASH TRANSACTION LIFE ENRICHING COMMUNITIES P 1202726 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION Q 18158644 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION O 1811154 CASH TRANSACTION LIFE ENRICHING COMMUNITIES FOUNDATION R 13774259 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.