2026-08-04T09:40:44-05:00 2025-12-31 393647910 WIPFLI ADVISORY LLC 1502 LONDON ROAD SUITE 220 DULUTH MN 55812 990 2025-01-01 391531532 HARWOOD PLACE INC HARW 4142566800 7500 W NORTH AVENUE WAUWATOSA WI 53213 KATHRYN CAVERS PRESIDENT & CEO 4142566800 2026-08-03 1 JESSICA NATUS P01799381 2187224705 2026-08-03 2025 2025-03-06 01:10:19Z KATHRYN CAVERS 7500 W NORTH AVENUE WAUWATOSA WI 53213 14832227 0 X WWW.THELUTHERANHOME.ORG X 1988 DE HARWOOD PLACE PROVIDES ASSISTED LIVING AND INDEPENDENT LIVING. 15 15 127 94 0 0 703187 4945395 8569242 9571688 202675 285288 0 0 9475104 14802371 0 0 0 0 3949607 4061294 0 0 0 5042182 5278169 8991789 9339463 483315 5462908 19171887 23279817 31328450 30063149 -12156563 -6783332 HARWOOD PLACE, INC. IS DEDICATED TO SERVING OLDER ADULTS AND ENRICHING THE LIVES OF THOSE WE TOUCH BY PROVIDING COMPASSIONATE AND LOVING CARE. 0 0 5107226 0 7143606 RETIREMENT HOUSING - HARWOOD LEASES 169 INDEPENDENT LIVING APARTMENTS THAT ARE ALL LICENSED AS RCAC'S. THE APARTMENTS RANGE IN SQUARE FOOTAGE WITH ONE OR TWO BEDROOM OPTIONS. SERVICES OFFERED INCLUDE A WELLNESS CENTER, RESTAURANT, GIFT SHOP, EXTRACURRICULAR ACTIVITIES, MEAL PLAN, HOUSEKEEPING SERVICES, LAUNDRY ROOMS, GUEST ROOMS, IN-HOUSE BEAUTY SHOP, CHAPEL SERVICES, AND RCAC SERVICES. DURING THE YEAR HARWOOD AVERAGED 146 LEASED APARTMENTS. 2118417 0 2428082 COMMUNITY BASED RESIDENTIAL FACILITY - HARWOOD HAS A 32 UNIT CBRF FOR FRAIL ELDERLY NOT NEEDING NURSING HOME SERVICES YET BUT UNABLE TO LIVE INDEPENDENTLY. THE SERVICES OFFERED ARE 24 HOUR NURSING SERVICES, 3 MEALS PER DAY, HOUSEKEEPING, AND LAUNDRY SERVICES. THE CBRF RESIDENTS ALSO HAVE ACCESS TO THE WELLNESS CENTER, IN-HOUSE BEAUTY SHOP, CHAPEL SERVICES, AND EXTRACURRICULAR ACTIVITIES. DURING THE YEAR HARWOOD AVERAGED 30 FILLED CBRF ROOMS. 7225643 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 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 0 0 1 0 0 0 1 30 0 127 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X HENRIK CLAUSEN 4142566800 7500 W NORTH AVENUE WAUWATOSA WI 53213 DAVE SANDSTROM CHAIRPERSON 1.00 1.00 X X 0 0 0 MERILOU GONZALES VICE CHAIRPERSON (THRU 04/25) 1.00 1.00 X X 0 0 0 KRIS SURMA VICE CHAIRPERSON 1.00 1.00 X X 0 0 0 BEN KEBBEKUS TREASURER 1.00 1.00 X X 0 0 0 DIANE EHN SECRETARY 1.00 1.00 X X 0 0 0 BRENDA BUCHANAN DIRECTOR 1.00 1.00 X 0 0 0 JIM DENOR DIRECTOR 1.00 1.00 X 0 0 0 MIKE HODAN DIRECTOR 1.00 1.00 X 0 0 0 BEN JUECH DIRECTOR 1.00 1.00 X 0 0 0 BRIAN KILB DIRECTOR (THRU 04/25) 1.00 1.00 X 0 0 0 LINDSEY KRIETE DIRECTOR 1.00 1.00 X 0 0 0 ADELE LUND DIRECTOR 1.00 1.00 X 0 0 0 GARY MUELLER DIRECTOR 1.00 1.00 X 0 0 0 HARRIET PEDERSEN DIRECTOR 1.00 1.00 X 0 0 0 RON PHILLEO DIRECTOR (THRU 04/25) 1.00 1.00 X 0 0 0 REV RANDY RAASCH DIRECTOR 1.00 1.00 X 0 0 0 TIM REARDON DIRECTOR (THRU 04/25) 1.00 1.00 X 0 0 0 PAUL ROSENBERG DIRECTOR 1.00 1.00 X 0 0 0 KATIE TRISKA WIEMER DIRECTOR 1.00 1.00 X 0 0 0 KATHY CAVERS PRESIDENT & CEO 16.00 24.00 X 0 275705 21814 HENRIK CLAUSEN VP OF FINANCE & CFO 16.00 24.00 X 0 160865 13594 SHERI POLCZYNSKI EXECUTIVE DIRECTOR 40.00 X 124453 0 3275 124453 436570 38683 1 0 1 0 CATALYST CONSTRUCTION INC 833 E MICHIGAN STREET MILWAUKEE WI 53202 COMMON AREA RENOVATION SERVICES 2658998 A & A CONTRACTORS LLC 1323 W WATERFORD AVE ST FRANCIS WI 53235 APARTMENT RENOVATION SERVICES 664439 STIER CONSTRUCTION INC N8 W22195 JOHNSON DRIVE 160 WAUKEHSA WI 53186 APARTMENT RENOVATION SERVICES 437434 MARED MECHANICAL CONTRACTORS W128 N8600 OLD ORCHARD RD MENOMONEE FALLS WI 53051 MECHANICAL CONTRACTING SERVICES 312994 PLUNKETT RAYSICH ARCHITECTS LLP 209 SOUTH WATER STREET MILWAUKEE WI 53204 ARCHITECT SERVICES 192892 5 4945395 4945395 NET RESIDENT SERVICE REVENUE 623000 8260377 8260377 AMORTIZATION OF ENTRANCE FEES 623000 475870 475870 835441 835441 9571688 192560 192560 122584 29856 92728 92728 92728 14802371 9571688 0 285288 127728 127728 3311504 2738725 572779 38796 33358 5438 332293 263570 68723 250973 199060 51913 696761 696761 19822 19822 666542 625074 41468 74654 74654 169383 130945 38438 9984 9984 726373 646679 79694 11709 11709 303226 303226 1824660 1733426 91234 119439 34200 85239 RAW FOOD 502334 502334 EQUIPMENT MAINTENANCE 49081 49081 SUPPLIES 43742 43742 DUES & SUBSCRIPTIONS 30294 30294 30165 15046 15119 9339463 7225643 2113820 0 10006 1219112 92321 76274 32622 37165 53708879 38425001 12535522 15283878 5626326 6391671 875090 271717 19171887 23279817 600222 915294 1787747 1905984 7821868 6972077 19915085 20021587 1203528 248207 31328450 30063149 X -12978004 -7000051 821441 216719 -12156563 -6783332 19171887 23279817 X 5462908 515045 -604722 X 0 1 X 1 0 X 104377 7482 2570241 703187 4945395 8330682 8289153 8370760 8367114 8569242 9571688 43167957 8393530 8378242 10937355 9272429 14517083 51498639 0 0 0 51498639 158362 120318 158864 149336 192560 779440 158362 120318 158864 149336 192560 779440 8551892 8498560 11096219 9421765 14709643 52278079 0.98510 0.98400 0.01490 0.01600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1153911 1153911 37042058 27973162 9068896 11942677 10451839 1490838 3570233 3570233 15283878 DUE TO THE LUTHERAN HOME, INC. 134257 DUE TO THE LUTHERAN HOME FOUNDATION, INC. 113950 248207 14712694 515045 -604722 -89677 14802371 0 14802371 9339463 0 9339463 0 9339463 PART IV, LINE 2B: THE ACCOUNTS THAT THE HARWOOD PLACE IS A CUSTODIAN FOR ARE RESERVATION DEPOSITS, REFUNDABLE ENTRANCE FEES AND RESIDENT TRUST FUNDS. WHEN THE RESIDENT MOVES OUT, THE RESERVATION DEPOSIT AND REFUNDABLE ENTRANCE FEES ARE GIVEN BACK TO THEM. THE RESIDENT TRUST FUNDS ARE FOR RESIDENTS TO USE AS THEY WISH FOR PERSONAL EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN NET ASSETS WITH RESTRICTIONS -604,722. X X X 0 0 0 0 0 0 0 0 0 KATHY CAVERS PRESIDENT & CEO 0 249705 0 26000 0 0 0 7878 0 13936 0 297519 0 0 HENRIK CLAUSEN VP OF FINANCE & CFO 0 156115 0 4750 0 0 0 4451 0 9143 0 174459 0 0 PART I, LINE 3 THE ORGANIZATION RELIES ON THE LUTHERAN HOME, INC., A RELATED 501(C)(3) ORGANIZATION, TO ESTABLISH THE COMPENSATION FOR ITS OFFICERS. THE LUTHERAN HOME, INC. BOARD OF DIRECTOR'S HUMAN RESOURCE COMMITTEE USES AN INDUSTRY SPECIFIC SALARY SURVEY AND OTHER CURRENT COMPENSATION DEEMED COMPARABLE AND NECESSARY TO ESTABLISH CURRENT COMPENSATION. A PUBLIC FINANCE AUTHORITY 273866124 2018-10-30 12500000 TO REFINANCE EXISTING BONDS 2002 SERIES AND 2012 SERIES 0 0 0 A 5401418 12500000 11367759 132241 2003 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 6 LUTHERAN LIVING SERVICES, INC., A WISCONSIN NONPROFIT CORPORATION RECOGNIZED AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS THE SOLE STOCKHOLDER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A FOR AS LONG AS LUTHERANLIVING SERVICES, INC. IS THE SOLE STOCKHOLDER OF THE CORPORATION, THE BOARD OF DIRECTORS SHALL BE COMPRISED OF THOSE INDIVIDUALS ON AN EX OFFICIO BASIS WHO SERVE FROM TIME TO TIME AS DIRECTORS OF LUTHERANLIVING SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 7B THE BY-LAWS MAY BE ALTERED, AMENDED OR REPEALED AND NEW BY-LAWS MAY BE ADOPTED BY THE STOCKHOLDERS. THE BOARD OF DIRECTORS MAY ALSO ALTER, AMEND OR REPEAL THE BY-LAWS; BUT NO BY-LAW ADOPTED BY THE STOCKHOLDERS SHALL BE AMENDED OR REPEALED BY THE BOARD OF DIRECTORS IF THE BY-LAW SO ADOPTED SO PROVIDES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR ITS REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. COPIES ARE MADE AVAILABLE TO ANY MEMBER OF THE BOARD UPON THEIR REQUEST. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR DURING THE FIRST BOARD MEETING OF THE YEAR, ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO FILL OUT A CONFLICT OF INTEREST FORM, WHICH IS TURNED INTO THE PRESIDENT/CEO OF THE COMPANY. BOARD MEMBERS ARE EXCUSED FROM VOTING ON MATTERS WHERE A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD EXECUTIVE COMMITTEE RECOMMENDS THE CEO'S COMPENSATION BASED ON INFORMATION FROM LEADINGAGE AND OTHER APPLICABLE SOURCES PROVIDED BY THE VICE PRESIDENT OF HUMAN RESOURCES ALONG WITH COMPARABLE SALARIES GATHERED FROM THE PUBLISHED FORM 990 OF THE ORGANIZATION'S COMPETITORS. THE BOARD EXECUTIVE COMMITTEE APPROVES THE SALARY RECOMMENDATION. THE FULL BOARD OF DIRECTORS APPROVES THE ANNUAL BUDGET, WHICH INCLUDES ALL SALARY RECOMMENDATIONS. THE CEO SETS THE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS WITH INPUT FROM THE BOARD EXECUTIVE COMMITTEE. THE FULL BOARD OF DIRECTORS APPROVES THE ANNUAL BUDGET, WHICH INCLUDES ALL SALARY RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN NET ASSETS WITH RESTRICTIONS -604,722. THE LUTHERAN HOME INC 7500 W NORTH AVENUE WAUWATOSA WI 53213 390807205 NURSING HOME WI 501(C)(3) LINE 10 LUTHERANLIVING SERVICES INC 0 LUTHERANLIVING SERVICES INC 7500 W NORTH AVENUE WAUWATOSA WI 53213 391477207 STRATEGIC PLANNING & DEVELOPMENT WI 501(C)(3) LINE 10 N/A 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0