2011-11-15T10:20:04-06:00 2011-06-30 LARSONALLEN LLP 18 SENTRY PARK WEST STE 300 BLUE BELL PA 19422 990 2010-07-01 521533715 COLUMBIA VANTAGE HOUSE CORPORATION COLU 4109645454 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 MERIANN RITACCO 4109645454 2011-11-14 1 BERNADETTE O'TOOLE CPA 2156433900 2010 2016-02-24 21:20:13Z MERIANN RITACCO 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 18958687 0 X WWW.VANTAGEHOUSE.ORG X 1987 MD TO SPONSOR, OPERATE AND MAINTAIN A LONG-TERM RESIDENTIAL, "CONTINUING CARE" COMMUNITY FOR THE AGED. 18 18 238 118 0 0 21678 6814 13715319 13998725 45932 268294 32980 39226 13815909 14313059 0 0 0 0 5929935 5965090 0 0 0 8996966 9181727 14926901 15146817 -1110992 -833758 52860160 49877706 62749711 60632396 -9889551 -10754690 THE MISSION OF VANTAGE HOUSE IS TO ESTABLISH, SPONSOR, MANAGE, AND MAINTAIN A LONG-TERM CARE RESIDENTIAL COMMUNITY FOR THE AGED WITH ON-SITE NURSING AND OTHER HEALTH CARE, AND TO CARRY OUT THE CARE, TREATMENT, AND HABITATION OF THE ELDERLY AND INFIRM. 0 0 9929073 10786387 RESIDENTIAL & WELLNESS CARE:SUPPORTED INDEPENDENT LIVING WITH DINING AND RECREATION AND SOCIAL SUPPORT PROGRAMS 2957018 3212338 HEALTH CARE:24 HOUR NURSING AND HEALTH CARE SPANNING THREE LEVELS OF CARE WITH ALL SUPPORTING PROGRAMS 12886091 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 1 56 0 1 238 1 0 0 0 0 0 0 0 0 0 0 X 18 18 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X AMY HARRISON 4109921215 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 MARSHA ANSEL 1.00 X 0 0 0 DONNA BER 1.50 X 0 0 0 PENNY L BOUGHN 0.50 X 0 0 0 SUSAN CASTELLAN 1.00 X 0 0 0 IRMA CHAPIN 1.00 X 0 0 0 ROSEMARY DAVIS 1.00 X 0 0 0 LIN EAGAN 1.00 X 0 0 0 JO ELLEN IMRE 3.00 X 0 0 0 CLAIRE C LEA 1.00 X 0 0 0 ED PROPPER 2.00 X 0 0 0 BARBARA RESNICK 1.00 X 0 0 0 DOROTHY L RODBELL 2.00 X 0 0 0 K STANLEY SOKOLOVE 2.00 X 0 0 0 CHARLES STARK 2.00 X 0 0 0 B OWEN WILLIAMS 1.80 X 0 0 0 ANN MECH 1.00 X 0 0 0 VIRGINIA M THOMAS 8.00 X 0 0 0 GAIL T YOUNG 1.00 X 0 0 0 MERIANN P RITACCO 40.00 X 0 0 0 AMY C HARRISON 40.00 X 103630 0 22024 NILE SARA 40.00 X 100190 0 16805 KATHRYN TRAVERS 40.00 X 122294 0 16631 326114 0 55460 3 0 0 0 LIFE CARE SERVICES LLC CAPITAL SQUARE 400 LOCUST ST DES MOINES IA 50309 MANAGEMENT SERVICES 716890 REHABCARE GROUP INC PO BOX 50353 ST LOUIS MO 63150 THERAPY SERVICES 331476 WHITEFORD TAYLOR & PRESTON 7 ST PAUL ST BALTIMORE MD 21202 LEGAL SERVICES 129320 MARC BLOOMHAIR STUDIO INC 687 GOLDEN DRIVE WESTMINSTER MD 21157 BEAUTY SALON SERVICES 103356 4 6814 6814 INDEPENDENT LIVING 623000 8932722 8932722 HEALTH CARE SERVICES 623000 3212338 3212338 ENTRANCE FEES 623000 1853665 1853665 13998725 310024 310024 39226 39226 39226 39226 4427157 176741 4445105 200523 -17948 -23782 -41730 -41730 14313059 13998725 0 307520 125654 125654 4857017 3918756 938261 19770 14426 5344 600507 490990 109517 362142 313100 49042 302618 302618 86211 50583 35628 73633 73633 84234 69874 14360 326038 326038 138199 107 138092 1150706 1150706 15404 4208 11196 3344 3344 1914214 1914214 2725129 2725129 174784 174784 NURSING EXPENSE 774478 774478 DIETARY EXPENSE 717457 717457 EQUIPMENT AND RENTAL MA 237059 231182 5877 LICENSES, DUES AND SUBS 94330 9713 84617 363889 323040 40849 15146817 12886091 2260726 0 2972295 1610540 4298437 4543492 375955 491076 536734 106103 159767 126857 21035 28137 61499638 24469315 38598095 37030323 5114028 5186040 783814 755138 52860160 49877706 1729933 1247344 21860052 21177298 37598888 36944913 1560838 1262841 62749711 60632396 X -9889551 -10754690 -9889551 -10754690 52860160 49877706 X -833758 -31381 X X 0 1 1 X 0 X 17508 30056 6259 21678 6814 82315 12982143 13363278 13470099 13715319 13998725 67529564 12999651 13393334 13476358 13736997 14005539 67611879 0 0 0 67611879 697068 591926 291623 193259 349250 2123126 697068 591926 291623 193259 349250 2123126 13696719 13985260 13767981 13930256 14354789 69735005 0.96960 0.94260 0.03040 0.03390 X 4738600 4738600 53107753 22140283 30967470 3268013 2276812 991201 385272 52220 333052 37030323 ESCROW PAYABLE 110110 REFUNDABLE ENTRANCE FEES 1152731 1262841 14313059 15146817 -833758 -91861 60480 -31381 -865139 14354789 0 14354789 -41730 -41730 14313059 15146817 0 15146817 0 15146817 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A)OF THE INTERNAL REVENUE CODE. THE CORPORATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE CORPORATIONS FINANCIAL STATEMENTS. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE CORPORATION HAS IMPLEMENTED PROCESSES TO ENSURE CORPORATE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISION. THESE PROCESSES INCLUDE ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE OF EXECUTIVE TEAM COMPENSATION, AND ANNUAL REVIEW BY THE BOARD OF DIRECTORS OF THE PERFORMANCE AND COMPENSATION OF THE CORPORATION'S EXECUTIVE DIRECTOR. THE BOARD ENGAGES IN ANNUAL CORPORATE COMPLIANCE EDUCATION, HAS ADOPTED AND REVIEWS AT LEAST ANNUALLY A WRITTEN CORPORATE COMPLIANCE PROGRAM AND CODE OF CONDUCT, AND HAS A DETAILED CONFLICT OF INTEREST POLICY. PART XI, LINE 8 - OTHER ADJUSTMENTS: CASUALTY LOSS -1,520. SETTLEMENT GAIN 62,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF PROPERTY -23,782. LOSS ON SALE OF INVESTMENTS -17,948. 1 CASH 1 6800 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: APPLICATION REVIEWED BY COMMITTEE, BOARD OF DIRECTORS, AND STAFF, QUALIFIED USE GRANTS SUPPORTED BY 3RD PARTY DOCUMENTATION SUCH AS INVOICE OR RECEIPT X 0 0 0 0 0 0 0 0 0 HOWARD COUNTY MD 526000965 442593AU3 2007-04-12 39487021 FINANCE CAPITAL IMPROVEMENTS, TO ADVANCE REFUND, AND TO ESTABLISH RESERVES 0 0 0 39487021 85952 35638953 789740 2963264 9112 1 0 1 1 1 0 0 0 1 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 MERIANN RITACCO EXECUTIVE DIRECTOR 189614 MANAGEMENT 0 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (A) NAME OF PERSON: MERIANN RITACCO(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:EXECUTIVE DIRECTOR - EMPLOYED BY LIFE CARE SERVICES(C) AMOUNT OF TRANSACTION $ 189614. FORM 990, PART VI, SECTION A, LINE 3 THE COMPANY HAS A MANAGEMENT AGREEMENT WITH LIFE CARE SERVICES LLC OF DES MOINES IA (LCS). LCS PROVIDES SYSTEMS (CLINICAL, FINANCIAL), SUPPORT, COMPLIANCE, AND PLACES ON-SITE THE EXECUTIVE DIRECTOR (WHO ACTS AS THE CHIEF OPERATING OFFICER) AND THE ADMINISTRATOR (WHO IS REQUIRED TO BE A MARYLAND LICENSED NURSING HOME ADMINISTRATOR) AND PROVIDES REGULAR REPORTS TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A OTHER VOTING BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 11 FINANCE COMMITTEE WILL REVIEW THE 990 PRIOR TO FILING AT A MEETING, THE 990 WILL BE DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS, ALL MEMBERS OF STANDING AND ADVISORY COMMITTEE, ANY BOARD OR COMMITTEE MEMBER'S IMMEDIATE FAMILY OR ANY PERSON ACTING ON THE BOARD OR COMMITTEE MEMBER'S BEHALF. ANNUAL CONFLICT OF INTEREST DISCLOSURES ARE REQUIRED OF ALL BOARD MEMBERS. ALL EMPLOYEES ARE REQUIRED TO REVIEW AND ACKNOWLEDGE IN WRITING THE CONFLICT OF INTEREST POLICY UPON HIRE AND ANNUALLY. AFTER DISCLOSURE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A BOARD OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE BOARD OR COMMITTEE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH BOARD OR COMMITTEE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR, TOP MANAGEMENT OFFICIAL, OTHER OFFICERS, AND KEY EMPLOYEES IS SET ANNUALLY DURING THE BUDGET PROCESS; DETERMINED BASED ON COMPARITIVE MARKET SURVEY AND PERFORMANCE. THIS PROCESS WAS LAST REVIEWED AND APPROVED ON JUNE 30, 2011. FORM 990, PART VI, SECTION C, LINE 19 COLUMBIA VANTAGE HOUSE PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -91,861. CASUALTY LOSS -1,520. SETTLEMENT GAIN 62,000. TOTAL TO FORM 990, PART XI, LINE 5: -31,381. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR VANTAGE HOUSE LLC 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 521533715 REAL ESTATE HOLDING MD COLUMBIA VANTAGE HOUSE CORPORATION COLUMBIA VANTAGE HOUSE FOUNDATION 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 263248227 A SUPPORTING ORGANIZATION FOR COLUMBIA VANTAGE HOUSE CORPORATION. MD 501(C)(3) LINE 11A, I COLUMBIA VANTAGE HOUSE COROPORATION 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 NO TRANSACTIONS THAT EXCEEDED 50000