2025-04-22T11:55:09-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2023-07-01 237333148 FRIENDSHIP VILLAGE OF WEST COUNTY FRIE 6365321515 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 JAMES T WALSH CEO 6365321515 2025-04-21 1 0 AMBER HAMILTON P01251012 3149254300 2025-04-21 2023 2025-03-06 01:10:19Z FRIENDSHIP VILLAGE CHESTERFIELD JAMES T WALSH 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 49102820 0 X WWW.FRIENDSHIPVILLAGESTL.COM/CHESTERFIELD X 1973 MO BE AN EXCELLENT RESOURCE IN ALL ASPECTS OF SENIOR SERVICES - SUPPORTING BODY, MIND AND SPIRIT. 7 6 578 239 0 0 57673 7335002 34117483 36337118 555337 764401 761502 748930 35491995 45185451 20521 13013 0 0 19081223 20531947 0 0 0 28209212 30401289 47310956 50946249 -11818961 -5760798 175384716 176017336 249379700 249462881 -73994984 -73445545 X GUIDED BY BIBLICAL PRINCIPLES THAT HONOR JESUS CHRIST, PROVIDE A LOVING, WARM, GRACIOUS AND SECURE ENVIRONMENT WHERE ALL EXPERIENCE PHYSICAL, SPIRITUAL AND EMOTIONAL CARE. 0 0 34350772 13013 22635815 THE VILLAGE IS A LIFE CARE SENIOR LIVING COMMUNITY, DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AGE OR OLDER IN A DIGNIFIED MANNER. CURRENTLY, THE VILLAGE HAS 295 RESIDENCES, 39 VILLAS, 60 ASSISTED LIVING AND A LICENSED 90-BED SKILLED NURSING FACILITY (THE "HEALTH CENTER"). THE PRIMARY INTENT OF FVC, IS TO ASSURE THE RESIDENTS OF LIFE CARE THROUGHOUT THEIR RETIREMENT YEARS. THE VILLAGE IS DESIGNED TO CREATE AN ENVIRONMENT THAT WILL ENRICH THE LIVES OF THE PEOPLE WHO LIVE AND WORK THERE. THE DESIGN OF THE MAIN COMMON FACILITIES PROVIDES LARGE AREAS FOR DINING AND MEETINGS WITHOUT DETRACTING FROM THE HOMELIKE ENVIRONMENT OF THE VILLAGE.IN ADDITION TO PROVIDING A RESIDENCE FOR LIFETIME USE BY THE RESIDENT, FVC WILL PROVIDE: MAINTENANCE OF THE RESIDENCES AND COMMON AREAS; WEEKLY FLAT LAUNDRY SERVICE; FOOD SERVICE, INCLUDING ONE MEAL FOR EACH DAY IN THE MONTH AT NO ADDITIONAL CHARGE; THE SERVICES OF A CHAPLAIN AND RESIDENT SOCIAL DIRECTOR; SCHEDULED TRANSPORTATION SERVICES; 24-HOUR NURSING CARE IN THE HEALTH CENTER SEE ADDITIONAL PROGRAM DESCRIPTION; BIWEEKLY HOUSEKEEPING; A CALL SYSTEM; VARIOUS ADMINISTRATIVE SERVICES; AND ALL UTILITIES. SOCIAL ACCOUNTABILITY .OUR RESIDENTS' SELFLESS ACTS OF VOLUNTEERING THEIR TIME SPEAK LOUDER THAN WORDS. THE FRIENDSHIP VILLAGE CHESTERFIELD RESIDENTS ENJOY VOLUNTEERING INSIDE OUR COMMUNITY. OUR RESIDENTS NOT ONLY VOLUNTEERED WITHIN OUR WALLS BUT TOOK IT TO THE COMMUNITY AT LARGE. RESIDENT VOLUNTEER HOURS FOR FRIENDSHIP VILLAGE CHESTERFIELD NEARLY 8,600. RESIDENT VOLUNTEER HOURS IN THE COMMUNITY AT-LARGE WERE APPROXIMATELY 400.THE EMPLOYEES OF FRIENDSHIP VILLAGE CHESTERFIELD GO ABOVE AND BEYOND THEIR WORK LOAD. OUR EMPLOYEES VOLUNTEERED IN COMMUNITIES ACROSS THE ST. LOUIS METROPOLITAN COMMUNITY. EMPLOYEE VOLUNTEER HOURS WERE NEARLY 820.FRIENDSHIP VILLAGE CHESTERFIELD HAS ONE CHAPLAIN AND ONE ASSISTANT CHAPLAIN TO MEET ALL THE SPIRITUAL NEEDS OF OUR RESIDENTS AND STAFF. OUR CHAPLAINS ALSO VISIT OUR HOSPITALIZED RESIDENTS. AVERAGE VISITS ARE 3-4 VISITS EACH WEEK THROUGHOUT THE YEAR. 19 FUNERAL/MEMORIAL SERVICES HAVE BEEN CONDUCTED IN THE CURRENT YEAR. FRIENDSHIP VILLAGE CHESTERFIELD CONDUCTS BIBLE STUDIES FOR RESIDENTS. 70 RESIDENTS, ON AVERAGE, ATTEND AT BOTH FRIENDSHIP VILLAGE CHESTERFIELD. IN ADDITION TO BIBLE STUDIES, THE VILLAGE OFFERS TWO WORSHIP SERVICES EACH SUNDAY. APPROXIMATELY 105 PEOPLE ATTEND WORSHIP SERVICES HOSTED IN OUR CHAPEL AND VILLAGE CARE CENTER. FRIENDSHIP VILLAGE CHESTERFIELD HAS 25 VOLUNTEERS THAT SUPPORT THE CHAPLAIN'S DEPARTMENT. THEIR GIFTS/TALENTS ARE SINGERS, INSTRUMENTALISTS, BIBLE TEACHERS, AND PREACHERS.FRIENDSHIP VILLAGE CHESTERFIELD PROVIDES BENEVOLENT CARE IF RESIDENT'S RESOURCES DIMINISH AND NEEDS INCREASE. WE THANK OUR GENEROUS DONORS FOR HELPING OUR RESIDENTS AT THIS TIME OF NEED. DONORS HELP RESTORE RESIDENT HOPE. OUR BENEVOLENT CARE NEED FOR RESIDENTS AT FRIENDSHIP VILLAGE CHESTERFIELD CONTINUES TO INCREASE. BENEVOLENCE CARE WAS NEARLY $605,000.WE ARE FORTUNATE TO STAY TRUE TO OUR MISSION BECAUSE OF THE GENEROSITY OF OTHERS TO OUR FRIENDSHIP FUND.FRIENDSHIP VILLAGE CHESTERFIELD HAS NOT ALTERED THE LEVEL OF CARE AND SERVICE IT PROVIDES, DESPITE THE FACT THAT COSTS CONTINUE TO INCREASE AND THE GOVERNMENT CONTINUES TO OFFER FEWER SUBSIDIES FOR LONG-TERM CARE.FRIENDSHIP VILLAGE CHESTERFIELD HAS CONTRACTUAL AGREEMENTS WITH MEDICARE, MEDICAID, AND OTHER THIRD PARTY INSURANCES. REGARDLESS OF THE REIMBURSEMENT RECEIVED, EVEN WHEN IT FALLS SHORT OF THE COST OF CARE, FRIENDSHIP VILLAGE CHESTERFIELD WILL CONTINUE PROVIDING COMPREHENSIVE CARE. 7069959 0 10105234 HEALTH CENTER - THE VILLAGE'S 90-BED HEALTH CENTER IS LICENSED TO PROVIDE SKILLED NURSING CARE. HEALTH CENTER SERVICES ARE AVAILABLE TO ALL RESIDENTS OF THE VILLAGE, AND RESIDENTS MAY BE ADMITTED DIRECTLY TO THE HEALTH CENTER FROM THEIR RESIDENCES, AND NEED NOT COME FROM A HOSPITAL. RESIDENTS ARE ENCOURAGED TO RETURN TO THEIR RESIDENCES AS SOON AS POSSIBLE. RESIDENTS WHO ARE UNABLE TO RETURN TO THEIR RESIDENCES, HOWEVER, HAVE THE BENEFIT OF PERMANENT CARE IN THE HEALTH CENTER. 1981753 0 3596069 ASSISTED LIVING - WE TAILOR YOUR NEEDS AT OUR ASSISTED LIVING AND MEMORY CARE PROGRAM AT FRIENDSHIP VILLAGE CHESTERFIELD. YOU'LL RECEIVE JUST THE RIGHT AMOUNT OF ASSISTANCE WITH DAILY ACTIVITIES, SO YOU CAN REMAIN AS INDEPENDENT AND ACTIVE AS YOU WANT TO BE. OUR MISSION IS TO ENHANCE YOUR INDEPENDENCE, PROTECT YOUR PRIVACY AND OPEN THE DOOR TO ENDLESS POSSIBILITIES. TO KEEP YOU WELL, WE PROVIDE EXCELLENT HEALTH SERVICES AND MANY SOCIAL EVENTS AND COMMUNITY ACTIVITIES. 43402484 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 578 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X KATHLEEN FRANCESCON 3142707150 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 JOHN FASICK BOARD CHAIR 1.00 2.00 X X 0 10000 0 CARMEN FRONCZAK PRESIDENT/EXECUTIVE DIRECTOR 14.00 28.00 X X 0 360327 23124 FRED G SUTTON SECRETARY (TERM END 12/23) 2.00 4.00 X X 0 10000 0 DAVID GIFFIN SECRETARY 2.00 1.00 X X 0 10000 0 LYDIA SEIBERT TREASURER 1.00 2.00 X X 0 12000 0 LISA MEYER BOARD MEMBER 2.00 0.00 X 0 0 0 JERRY EICHOLTZ RESIDENT BOARD MEMBER 1.00 0.00 X 0 0 0 BURTON CAMPBELL BOARD MEMBER/CHAPLAIN DIRECTOR 1.00 40.00 X 0 76854 15728 KATHY FRANCESCON CFO 14.00 28.00 X 0 287740 22624 GAYLE RANDA CHIEF HUMAN RESOURCES OFFICER 14.00 28.00 X 0 242893 22705 JAMES T WALSH CEO 14.00 28.00 X 0 537873 27629 KEN KLUMP ADMINISTRATOR, CARE CENTER 40.00 0.00 X 0 181510 20257 EMMANUEL TEFERI DIRECTOR, FOOD AND BEVERAGE 40.00 0.00 X 0 120253 19654 BRIDGET BANKS ADMINISTRATOR, ASSISTED LIVING 40.00 0.00 X 0 113389 10501 AGNES GITAU LPN 40.00 0.00 X 0 110727 6718 LISA HOWARD DIRECTOR OF NURSING 40.00 0.00 X 0 118395 21568 0 2191961 190508 0 0 1 0 FV MANAGEMENT LLC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 MANAGEMENT SERVICES 1030531 1 7277565 57437 7335002 APT SERVICE & MEALS 623000 16946861 16946861 NET MEDICAL CENTER REV 623000 10105234 10105234 AMORT OF ENDOWMENT CONTRACTS 623000 5688954 5688954 ASSISTED LIVING 623000 3596069 3596069 36337118 835466 835466 132645 132645 3641241 14594 3859545 0 -218304 14594 -203710 -203710 65557 57824 7733 7733 MEAL INCOME 531120 516668 516668 GARAGE/SPACE FEE 531120 48840 48840 CHAPEL 531120 32596 32596 143093 143093 741197 45185451 36337118 0 1513331 13013 13013 519222 519222 16337221 14359109 1978112 219668 140765 78903 2216163 1813587 402576 1239673 1039659 200014 750431 750431 88482 88482 64952 64952 1876807 866332 1010475 424017 424017 761376 442018 319358 494043 19080 474963 2399871 2173274 226597 137425 69466 67959 30946 27213 3733 7478744 7122955 355789 11075082 10548204 526878 997320 949874 47446 DIETARY 1804320 1804320 MEDICAL SUPPLIES 913962 913962 MAINTENANCE 661940 661940 PROFESSIONAL DUES, LICE 232144 229138 3006 209427 208575 852 50946249 43402484 7543765 0 500 500 3741270 3707726 2867429 2210078 171717 166149 685650 826461 198735520 64856414 140200622 133879106 27464177 34397176 253351 830140 175384716 176017336 6780633 8105205 35037504 39338206 147558032 146124196 60003531 55895274 249379700 249462881 X -73994984 -73445545 -73994984 -73445545 175384716 176017336 X -5760798 2930730 3379507 X X 0 1 X 1 0 X 597607 720771 22593 57673 7335002 8733646 22777450 26344593 31017556 34117483 36402675 150659757 71813 65195 662246 786434 719623 2305311 23446870 27130559 31702395 34961590 44457300 161698714 58716 60529 63339 66075 83656 332315 0 58716 60529 63339 66075 83656 332315 161366399 1587049 531650 622034 662225 968111 4371069 1587049 531650 622034 662225 968111 4371069 300092 485746 99156 17640 21574 924208 25334011 28147955 32423585 35641455 45446985 166993991 0.96630 0.95370 0.02620 0.03620 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 7,300. 2020 AMOUNT: $ 65,629. 2021 AMOUNT: $ 81,880. 2022 AMOUNT: $ 6,145. 2023 AMOUNT: $ 2,527. GARAGE/SPACE FEES - 2019 AMOUNT: $ 38,320. 2020 AMOUNT: $ 15,120. LAUNDRY - 2019 AMOUNT: $ 18,642. 2020 AMOUNT: $ 16,179. GUEST ROOM - 2019 AMOUNT: $ 15,430. 2020 AMOUNT: $ 2,272. BEAUTY AND BARBER - 2019 AMOUNT: $ 14,842. 2020 AMOUNT: $ 19,561. MEAL INCOME - 2019 AMOUNT: $ 164,617. 2020 AMOUNT: $ 299,676. CHAPEL - 2019 AMOUNT: $ 14,470. 2020 AMOUNT: $ 13,392. TRANSPORTATION - 2019 AMOUNT: $ 19,377. 2020 AMOUNT: $ 21,419. MAINTENANCE - 2019 AMOUNT: $ 6,352. 2020 AMOUNT: $ 11,412. HOUSEKEEPING - 2019 AMOUNT: $ 742. 2020 AMOUNT: $ 413. 403B FOREFITURES - 2020 AMOUNT: $ 20,673. 2021 AMOUNT: $ 17,276. 2022 AMOUNT: $ 11,495. 2023 AMOUNT: $ 6,368. DAMAGE CLAIMS REVENUE - 2023 AMOUNT: $ 12,679. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2073083 2073083 183510229 58099594 125410635 52594 50492 2102 12872380 6706328 6166052 227234 227234 133879106 ADVANCE DEPOSITS 1671996 REFUNDABLE ENDOWMENTS 28522527 OBLIGATION TO PROVIDE FUTURE SERVICES 19520777 OPERATING RIGHT OF USE LIABILITY 543846 ERC LOSS RESERVE 5636128 55895274 X 51461287 2930730 3437331 6368061 45093226 64952 27273 92225 45185451 50911848 57824 57824 50854024 64952 27273 92225 50946249 PART X, LINE 2: THE VILLAGE IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GIFT STORE EXPENSES NETTED WITH REVENUES 57,824. CHANGE IN OBLIGATION TO PROVIDE FUTURE SERVICES 9,015,635. CHANGE IN ERC LOSS RESERVE -5,636,128. PART XI, LINE 4B - OTHER ADJUSTMENTS: NET DAMAGE CLAIMS REVENUE 12,679. GAIN ON SALE OF FIXED ASSETS 14,594. PART XII, LINE 2D - OTHER ADJUSTMENTS: GIFT STORE EXPENSES NETTED WITH REVENUES 57,824. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET DAMAGE CLAIMS REVENUE 12,679. GAIN ON SALE OF FIXED ASSETS 14,594. 1 EDUCATION ASSISTANCE 7 13013 PART I, LINE 2: PRIOR TO TAKING TO TAKING THE COURSE, EMPLOYEES PROVIDE SUPERVISOR WITH INFORMATION ABOUT THE COURSE FOR WHICH HE/SHE WOULD LIKE TO TAKE AND RECEIVE A REIMBURSEMENT. THE "PRE-APPROVAL" SECTION OF THE "TUITION REIMBURSEMENT FORM" IS COMPLETED AND ALL THE APPROPRIATE SIGNATURES OBTAINED PRIOR TO ENROLLMENT. UPON COMPLETION OF THE COURSE AND TO RECEIVE REIMBURSEMENT, THE EMPLOYEE MUST SUBMIT TO THE HUMAN RESOURCES DEPARTMENT DOCUMENTATION TO VERIFY COURSES, COSTS, AND PAYMENTS APPLIED, INCLUDING ANY AND ALL SCHOLARSHIPS, GRANTS, AND LOANS RECEIVED. 0 0 0 0 0 0 0 0 0 JAMES T WALSH CEO 0 406867 0 131006 0 0 0 14143 0 13486 0 565502 0 0 CARMEN FRONCZAK PRESIDENT/EXECUTIVE DIRECTOR 0 284596 0 75731 0 0 0 5700 0 17424 0 383451 0 0 KATHY FRANCESCON CFO 0 240307 0 47433 0 0 0 8431 0 14193 0 310364 0 0 GAYLE RANDA CHIEF HUMAN RESOURCES OFFICER 0 195424 0 47469 0 0 0 9219 0 13486 0 265598 0 0 KEN KLUMP ADMINISTRATOR, CARE CENTER 0 169144 0 12366 0 0 0 6771 0 13486 0 201767 0 0 PART I, LINE 3 A RELATED ORGANIZATION, FV MANAGEMENT, COMPENSATES AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE RELATED ORGANIZATION USED THE FOLLOWING PROCEDURE TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR: APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 5 PART OF EXECUTIVE DIRECTOR BONUS IS BASED ON OPERATING RESULTS OF FRIENDSHIP VILLAGE SUNSET HILLS. PART I, LINE 6 BONUS PARTIALLY BASED ON OPERATING RESULTS. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CE9 2017-11-21 53783326 SEE PART VI 0 0 0 B THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CP4 2018-11-20 226688441 SEE PART VI 0 0 0 A 5670000 54311525 4480843 114079 965544 8100179 40650880 2020 1 1 1 1 B 27365000 228823279 7795609 2933783 2955582 215138305 2020 0 0 1 1 A 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 B 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 A 0 0 0 1 0 0 0 1 1 B 0 0 0 1 1 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST. LOUI DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2022 ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST. LOUI DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2023 PART I, COLUMN (F), LINE B FINANCE NEW CAPITAL IMPROVEMENTS PART I, COLUMN (F), LINE A FINANCE NEW CAPITAL IMPROVEMENTS AND REFUND THE FOLLOWING SERIES OF BONDS OF FRIENDSHIP VILLAGE OF WEST COUNTY: SERIES 2007AB BONDS (7/11/07) AND SERIES 2012 BONDS (12/21/12). PART I, COLUMN (C), LINE B THE CUSIP NUMBER FOR SERIES 2018A IS 791524 CPA. THE SERIES 2018B WERE NOT PUBLICLY OFFERED. THE SERIES 2018A BONDS AND THE SERIES 2018B BONDS ARE BEING TREATED AS A SINGLE ISSUE PURSUANT TO REGULATIONS 1.150-1(C). PART I, LINE A, B (GENERALLY): THE SERIES 2017 AND SERIES 2018AB BONDS FINANCED IMPROVEMENTS AT EACH FRIENDSHIP VILLAGE CAMPUS LOCATION (CHESTERFIELD AND SUNSET HILLS) AND IS THEREFORE REPORTED ON FORM 990, SCHEDULE K FOR BOTH FRIENDSHIP VILLAGE OF WEST COUNTY AND FRIENDSHIP VILLAGE OF SOUTH COUNTY. PART II, LINE 3 (GENERALLY): THE DIFFERENCE BETWEEN THE RESPECTIVE ISSUE PRICES OF THE BONDS AND THE AMOUNTS LISTED ON PART II, LINE 3 IS INVESTMENT EARNINGS. PART IV, LINE 6, COLUMN A: GROSS PROCEEDS OF THE BONDS ARE INVESTED IN A YIELD-RESTRICTED REFUNDING ESCROW FUND AT A YIELD BELOW BOND YIELD. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE VILLAGE IS PERFORMED BY PERSONNEL EMPLOYED BY A RELATED COMPANY, FV MANAGMENT LLC. FV MANAGEMENT LLC'S RESPONSIBILITIES INCLUDE RECRUITING AND EMPLOYING THE EXECUTIVE DIRECTOR, AS WELL AS HR, IT, FINANCE AND MARKETING FUNCTIONS; SUPERVISING THE LICENSING, EQUIPPING, AND STAFFING OF THE VILLAGE; PREPARING ANNUAL BUDGETS; ESTABLISHING AND OPERATING A SYSTEM OF FINANCIAL CONTROLS FOR THE VILLAGE, INCLUDING COMPARATIVE ANALYSES WITH OTHER FACILITIES; SUPERVISING THE DELIVERY OF HEALTH CARE SERVICES WHICH MEET THE GUIDLINES OF THE FEDERAL MEDICARE (TITLE XVIII) PROGRAM; AND OVERSEEING THE FOOD SERVICE AND QUALITY OF ACCOMMODATIONS PROVIDED BY THE VILLAGE. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION'S SOLE MEMBER IS FV SERVICES, INC. (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS RESERVED THE POWER TO APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION. ALSO, ALL DIRECTORS ARE APPOINTED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS RESERVED TO THE MEMBER IS AS FOLLOWS: ESTABLISH, MODIFY, AND INTERPRET MISSION AND VISION STATEMENTS FOR THE CORPORATION AND THE SYSTEM; ESTABLISH THE DEBT LIMITS OF, AND DEBT GUIDELINES FOR THE CORPORATION; SELECT THE AUDITOR FOR THE CORPORATION AND THE SYSTEM; ESTABLISH GUIDELINES FOR TRANSFERRING OR ENCUMBERING ASSETS OF THE CORPORATION FOR FINANCINGS INCLUDING TAX-EXEMPT BONDS; APPROVE THE FORMATION OR ACQUISITION OF LEGAL ENTITIES BY THE CORPORATION; APPROVE THE SALE, TRANSFER, DISPOSITION OF, OR SUBSTANTIAL CHANGE TO THE USE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; APPROVE A DIVESTITURE, MERGER, DISSOLUTION, REORGANIZATION, CLOSING, OR CONSOLIDATION INVOLVING THE CORPORATION; APPROVE A CHANGE TO THE MEMBER OF THE CORPORATION; AMEND THE ARTICLES, BYLAWS, AND OTHER GOVERNANCE DOCUMENTS, AS APPLICABLE, FOR THE CORPORATION; APPROVE DEBT OF THE CORPORATION TO FINANCE CAPITAL PROJECTS AND OPERATING CAPITAL; APPROVE POLICIES AND PROCEDURES, INCLUDING OPERATIONAL POLICIES CONSISTENT WITH MISSION AND STRATEGY, AND FURTHER INCLUDING POLICIES FOR PROVIDER CREDENTIALING, QUALITY, AND PATIENT SAFETY (AS APPLICABLE), FOR THE CORPORATION; APPOINT THE PRESIDENT OF THE CORPORATION AND ESTABLISH CORE COMPETENCIES, ANNUAL PERFORMANCE OBJECTIVES AND COMPENSATION FOR THE PRESIDENT; APPOINT AN EXECUTIVE DIRECTOR FOR THE FACILITIES OF THE CORPORATION AND APPROVE COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSON; APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION; APPROVE PERSONS FOR APPLICABLE C LEVEL POSITIONS (E.G., CEO, CFO, CCO, CHRO) OF THE CORPORATION, IF ANY, AS WELL AS COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSONS; APPROVE AN ANNUAL BUDGET FOR THE CORPORATION; APPROVE STRATEGIC PLANS OF THE CORPORATION; APPROVE FORMS OF ANY RESIDENT CONTRACTS FOR THE CORPORATION; AND DETERMINE WHETHER TO SETTLE ANY CLAIMS ASSERTED AGAINST THE CORPORATION AND APPROVE TERMS OF ANY SETTLEMENT. FORM 990, PART VI, SECTION B, LINE 11B CLIFTONLARSONALLEN WILL PRESENT THE PREPARED FORM 990 TO THE BOARD FINANCE COMMITTEE WHICH WILL REVIEW AND RECOMMEND APPROVAL BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FRIENDSHIP VILLAGE WEST COUNTY DOES NOT COMPENSATE ANY EMPLOYEES. A RELATED ORGANIZATION USES THE FOLLOWING PROCESS: TO DETERMINE SALARIES, EVERY YEAR THE MANAGEMENT COMPANY PARTICIPATES IN AN EXECUTIVE COMPENSATION STUDY FOR ALL POSITIONS AND COMPARE THOSE SALARIES WITH THE SALARIES THAT ARE ACTUALLY BEING PAID. THIS SURVEY COMPRISES DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS IS THEN REVIEWED AND APPROVED BY THE BOARD COMPENSATION COMMITTEE TO DETERMINE APPROPRIATE SALARIES. THIS COMMITTEE IS COMPRISED OF ONLY INDEPENDENT BOARD MEMBERS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE KEPT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCAL STATEMENTS ARE POSTED QUARTERLY ON MUNICIPAL SECURITIES RULEMAKING BOARD (EMMA DATAPORT). ANNUAL POSTING OF BUDGET AS WELL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF FUTURE SERVICES OBLIGATION 9,015,635. CHANGE IN ERC LOSS CONTINGENCY RESERVE -5,636,128. FORM 990, PART XII, LINE 2C PROCESSES HAVE NOT CHANGED FROM PRIOR YEARS. PART V, LINE 1A 1099'S ARE ISSUED BY THE RELATED ORGANIZATION, FV OPERATIONS. FRIENDSHIP VILLAGE OF SOUTH COUNTY 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 431155242 PROVIDE SENIOR CITIZENS WITH QUALITY HOUSING AND HOME CARE MO 501(C)(3) LINE 10 FV SERVICES INC 0 FV SERVICES INC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 820986068 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 12B, II N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 1 0 0