2024-11-15T10:32:51-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 121 WEST BRIDGE STREET OWATONNA MN 55060 990 2023-01-01 911982139 ECUMEN ECUM 6517664300 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 SCOTT BJERKETVEDT PRESIDENT & CEO 6517664300 2024-11-14 1 0 JUSTIN HARTERT P02236744 5074467100 2024-11-14 2023 2024-10-15 13:58:12Z SHELLEY KENDRICK 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 181429401 1 0 9386 X WWW.ECUMEN.ORG X 1923 MN WE CREATE HOMES FOR OLDER ADULTS, WHEREVER THEY CHOOSE TO LIVE. 14 14 3358 500 24885 0 11475485 2119580 139893860 157958378 2223072 2614824 1413747 1807622 155006164 164500404 75165 48740 0 0 94939045 98744685 0 0 871830 71129800 74826158 166144010 173619583 -11137846 -9119179 302410009 258213382 283147460 252580377 19262549 5633005 WE EMPOWER INDIVIDUALS AND FAMILIES TO CONFIDENTLY NAVIGATE AGING SO THAT IT IS A PURPOSEFUL JOURNEY FILLED WITH DIGNITY AND SUPPORT. 0 0 137039981 48740 157958378 ECUMEN IS A MINNESOTA NONPROFIT CORPORATION ORGANIZED PRIMARILY TO OWN, OPERATE, MANAGE AND SUPPORT SENIOR LIVING AND HEALTH CARE COMMUNITIES. HOUSING AND SERVICES FOR SENIORS ARE PROVIDED AT ECUMEN COMMUNITIES THROUGH A CONTINUUM OF CARE, INCLUDING VARIOUS LEVELS OF RESIDENTIAL LIVING AND SKILLED NURSING AS WELL AS OTHER COMMUNITY-BASED PROGRAMS AND SERVICES, INCLUDING HOME HEALTH CARE AND OUTPATIENT THERAPIES. AS OF DECEMBER 31, 2023, ECUMEN AND ITS AFFILIATES OWNED OR LEASED 39 HEALTH CARE AND OTHER FACILITIES, INCLUDING 12 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SUBSIDIZED HOUSING PROJECTS. 137039981 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 17 0 3358 1 1 1 1 CJ 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MN X SHELLEY KENDRICK 6517664300 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 SHELLEY KENDRICK PRESIDENT/CEO 39.00 1.00 X 490367 0 49805 SCOTT BJERKETVEDT SR VP/CFO 39.00 1.00 X 293673 0 48936 MELANIE SULLIVAN SR VP/CHIEF PEOPLE OFFICER 39.00 1.00 X 323390 0 16321 BRETT ANDERSON SR VP/CHIEF OPERATIONS & STRATEGY 39.00 1.00 X 293045 0 26862 JAMES MCALPINE SR VP LEGAL AFFAIRS & CORP 39.00 1.00 X 241939 0 7653 ANNE STANFIELD SR DIRECTOR - BUSINESS DEVELOPMENT 39.00 1.00 X 160186 0 45118 KATIE LUNDMARK SR REGIONAL DIRECTOR 39.00 1.00 X 156638 0 50612 HALEY TAMI CLINICAL EXCELLENCE & CARE TRANSFORMATION 39.00 1.00 X 195148 0 53238 JOHN OLIVER SR DIRECTOR - BUSINESS SOLUTIONS 39.00 1.00 X 166844 0 42572 KERRI KELLER VP PEOPLE SERVICES 39.00 1.00 X 170685 0 16581 JOHN PETRABORG CHAIR 1.00 0.00 X X 0 0 0 J MICHAEL DADY IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 PETER JACOBSON VICE CHAIR 1.00 0.00 X X 0 0 0 MARCIA KULL SECRETARY 1.00 0.00 X X 0 0 0 SUZIE CROCKETT TREASURER 1.00 0.00 X X 0 0 0 DAN ABDUL TRUSTEE (THRU 12/7) 1.00 0.00 X 0 0 0 JEN AUGUSTON TRUSTEE 1.00 0.00 X 0 0 0 ANN BARKELEW TRUSTEE 1.00 0.00 X 0 0 0 JAN CONLIN TRUSTEE 1.00 0.00 X 0 0 0 JAMES KNAPP TRUSTEE (THRU 12/29) 1.00 0.00 X 0 0 0 SUE MOORES TRUSTEE (THRU 12/8) 1.00 0.00 X 0 0 0 INGRID RASMUSSEN TRUSTEE 1.00 0.00 X 0 0 0 JOHN TRUCKENBROD TRUSTEE 1.00 0.00 X 0 0 0 NANCY THOMPSON ULVESTAD TRUSTEE 1.00 0.00 X 0 0 0 2491915 0 357698 82 0 1 0 GENUINE FOOD LAB LLC 228 PARK AVE S NEW YORK NY 10003 RESTAURANT MANAGMENT 1638893 BETTERRX LLC PO 29650 PHOENIX AZ 85038 PHARMACY 645187 CLIFTONLARSONALLEN LLP 220 SOUTH 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 AUDIT, TAX AND CONSULTING 503658 BULK TV TOPCO LLC PO BOX 638671 CINCINNATI OH 45263 CONNECTIVITY SERVICES 325791 CHEBLI GERIATRIC CONSULTING LLC 8781 ROYAL CT NW ANOKA MN 55303 HOSPICE MEDICAL DIRECTOR 247500 12 1708951 410629 2119580 ASSISTED LIVING FEES 623000 78964862 78964862 NURSING REVENUE 623000 64012958 64012958 MANAGEMENT FEES 541610 10595217 10595217 MEAL REVENUE 722320 3665809 3665809 OTHER OPERATING FEES 623000 679331 679331 40201 40201 157958378 882512 882512 211943 0 211943 211943 211943 18285796 366112 16919596 0 1366200 366112 1732312 1732312 32984 9401 23583 23583 COMMUNITY FEE 900099 760500 760500 MISCELLANEOUS 900099 319587 24885 294702 TENANT FEES 623000 291160 291160 200849 200849 1572096 164500404 157958378 24885 4397561 48740 48740 1785886 178589 1607297 79413166 62252108 16577340 583718 2424456 1620002 768896 35558 9027103 6714910 2196994 115199 6094074 4719228 1332746 42100 63809 63809 443699 335696 108003 272295 3651 268644 6970516 6970516 9135952 8430028 642772 63152 738433 13314 721265 3854 1824504 1177171 641067 6266 2073608 2316833 -261875 18650 11622329 10232330 1389999 1124456 963061 160148 1247 87353 22310 64653 390 10140815 9919323 221492 11850955 11484985 365970 1982357 1759391 222966 RESIDENT CARE SUPPLIES 8831344 8831344 PROGRAM EXPENSE 3924592 3924592 MINOR EQUIPMENT 710746 223908 485796 1042 BAD DEBT EXPENSE 694294 15114 679180 2334101 1853353 480094 654 173619583 137039981 35707772 871830 21839525 20031803 11467261 16200611 15483535 10873834 60638 38461 727660 805578 342973069 167869788 213687555 175103281 25366314 21932954 2523343 2834092 5609857 5684063 5644321 4708705 302410009 258213382 29590079 14995281 1142767 1850172 167360090 185114861 2784634 2215445 68374066 32638309 13895824 15766309 283147460 252580377 X 15639651 1702993 3622898 3930012 19262549 5633005 302410009 258213382 X -9119179 1573836 -6137435 53234 X X 0 1 X 1 1 1 X 688546 5475027 10926859 11475485 2119580 30685497 139383265 133541861 134430919 139893860 157958378 705208283 140071811 139016888 145357778 151369345 160077958 735893780 27650 51343 134011 83101 131171 427276 0 27650 51343 134011 83101 131171 427276 735466504 1707856 1071258 963093 1229131 1094455 6065793 1707856 1071258 963093 1229131 1094455 6065793 818444 376017 670915 978726 1580195 4424297 142598111 140464163 146991786 153577202 162752608 746383870 0.98540 0.98590 0.00810 0.00910 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPECIAL EVENT REVENUES - 2019 AMOUNT: $ 5,934. MISCELLANEOUS INCOME - 2019 AMOUNT: $ 33,387. 2020 AMOUNT: $ 40,590. 2021 AMOUNT: $ 318,444. 2022 AMOUNT: $ 231,535. 2023 AMOUNT: $ 294,702. CAFE/CATERING REVENUES - 2019 AMOUNT: $ 594,801. 2020 AMOUNT: $ 303,392. 2021 AMOUNT: $ 143,167. 2022 AMOUNT: $ 403,952. 2023 AMOUNT: $ 200,849. SALES OF INVENTORY - 2019 AMOUNT: $ 44,203. 2020 AMOUNT: $ 25,622. 2021 AMOUNT: $ 25,766. 2022 AMOUNT: $ 39,717. 2023 AMOUNT: $ 32,984. TENANT FEES - 2019 AMOUNT: $ 329,929. 2020 AMOUNT: $ 298,095. 2021 AMOUNT: $ 183,538. 2022 AMOUNT: $ 148,522. 2023 AMOUNT: $ 291,160. DEBT REFINANCING LOSS - 2019 AMOUNT: $ -189,810. 2020 AMOUNT: $ -291,682. COMMUNITY FEE - 2022 AMOUNT: $ 155,000. 2023 AMOUNT: $ 760,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 30000 0 1 30000 0 PART II-B, LINE 1: ECUMEN PAID $130,008 MEMBERSHIP DUES TO CARE PROVIDERS OF MN. CARE PROVIDERS OF MN WORKS ON BEHALF OF IT'S MEMBERS ADVOCATING FOR MINNESOTA'S LONG-TERM CARE PROVIDERS, CAREGIVERS, AND THE RESIDENTS & TENANTS THEY SERVE. THE PERCENTAGE OF THE DUES ATTRIBUTED TO LOBBYING ACTIVITIES HAS NOT BEEN PROVIDED TO ECUMEN. ECUMEN DID NOT PAY ANY INDEPENDENT GROUP FOR LOBBYIST SUPPORT. ECUMEN PAID SOLOMON STRATEGIES GROUP $30,000 FOR LOBBYIST SUPPORT. 0 1 X 3622898 43372 310750 47007 3930013 4233197 200137 -698520 111916 3622898 5523679 113261 250202 1653945 4233197 5174165 448995 236212 335693 5523679 5102539 355149 458058 741581 5174165 0.90060 0.09940 1 0 11496564 11496564 304872128 146964051 157908077 25664368 20905737 4758631 940009 940009 175103281 ASSET RETIREMENT OBLIGATIONS 9433428 INSURANCE CLAIMS RESERVES 4266932 ANNUITY 341840 LEASE PAYABLE 1062082 PROPERTY TAX PAYABLE 662027 15766309 X PART IV, LINE 2B: ECUMEN HOLDS IN TRUST DEPOSIT AMOUNTS RECEIVED BY TENANTS OF THE PROJECT UPON MOVE-IN. THERE ARE SEVERAL DIFFERENT TYPES OF THESE DEPOSITS INCLUDING SECURITY DEPOSIT, RESIDENT TRUST, AND UNIT SHARE. THE TENANT DEPOSITS ARE MAINTAINED IN AN INTEREST-BEARING ACCOUNT SEPARATE FROM ECUMEN'S OPERATING ACCOUNT. WITHDRAWALS ARE RESTRICTED TO THE REIMBURSEMENTS OF DEPOSIT AMOUNT. PART V, LINE 4: PERMANENT ENDOWMENT FUNDS ARE TO BE HELD IN PERPETUITY AND INCOME IS USED TO SUPPORT THE FACILITIES AND PROGRAMS OF ECUMEN. TERM ENDOWMENTS ARE HELD UNTIL THE SPECIFIC TIME OR EVENT HAS OCCURRED. PART X, LINE 2: WITH THE EXCEPTION OF ECUMEN SERVICES, INC., A WHOLLY OWNED SUBSIDIARY OF ECUMEN, THE ORGANIZATION HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND MINNESOTA CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE FEDERAL INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. INCOME OR LOSS FROM ACTIVITIES CONSIDERED UNRELATED TO ECUMEN'S TAX EXEMPT PURPOSE IS RECORDED IN THE ACCOUNTS OF ECUMEN SERVICES, INC. INCOME TAXES FOR ECUMEN SERVICES, INC. ARE RECORDED AT THE PREVAILING STATUTORY RATES AND ARE INCLUDED IN OPERATING EXPENSE. THERE WERE NO INCOME TAXES PAYABLE AT DECEMBER 31, 2023 OR DECEMBER 31, 2022. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. SCHEDULE D, PART VI: ECUMEN TAX RETURN ACKNOWLEDGES THE 168(H)(6)(F) ELECTION BY THE GENERAL PARTNER. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 1539336 0 0 0 0 0 0 1539336 0 1539336 0 0 0 0 0 0 PART I, LINE 3: THE INVESTMENTS FOR THE REGION ARE ACCOUNTED FOR USING THE FMV OF THE INVESTMENT IN U.S. DOLLARS. 1 EMPLOYEE ASSISTANCE GRANTS 38 48740 PART I, LINE 2: FOR GRANTS, THE ORGANIZATION TAKES INTO CONSIDERATION THE GRANTEE'S GOALS AND OBJECTIVES WHEN DETERMINING A POTENTIAL CONTRIBUTION. WE FOCUS ON GRANTEES THAT ARE INVOLVED IN THE LONG-TERM CARE INDUSTRY AND LIMIT CONTRIBUTIONS TO ENTITIES THAT ARE DEEMED CHARITABLE ORGANIZATIONS. GRANTS TO RELATED ORGANIZATIONS ARE MONITORED THROUGH COMMON CONTROL AND MANAGEMENT. GRANTS TO NON-RELATED ORGANIZATIONS ARE NOT DIRECTLY MONITORED SUBSEQUENT TO FUNDS BEING GRANTED. SCHOLARSHIP RECIPIENTS ARE REQUIRED TO PROVIDE TUITION STATEMENTS PRIOR TO RECEIVING SCHOLARSHIP FUNDS. EMPLOYEE ASSISTANCE RECIPIENTS ARE REQUIRED TO PROVIDE BILLS AND OTHER EXPENSE STATEMENTS PRIOR TO RECEIVING ASSISTANCE FUNDS. X X X X 0 0 0 0 0 0 0 0 0 ANNE STANFIELD SR DIRECTOR - BUSINESS DEVELOPMENT 159813 0 0 0 373 0 9671 0 35447 0 205304 0 0 0 KATIE LUNDMARK SR REGIONAL DIRECTOR 156395 0 0 0 243 0 10204 0 40408 0 207250 0 0 0 SHELLEY KENDRICK PRESIDENT/CEO 487965 0 0 0 2402 0 15000 0 34805 0 540172 0 0 0 SCOTT BJERKETVEDT SR VP/CFO 293071 0 0 0 602 0 15077 0 33859 0 342609 0 0 0 MELANIE SULLIVAN SR VP/CHIEF PEOPLE OFFICER 321133 0 0 0 2257 0 15351 0 970 0 339711 0 0 0 BRETT ANDERSON SR VP/CHIEF OPERATIONS & STRATEGY 292725 0 0 0 320 0 13621 0 13241 0 319907 0 0 0 JAMES MCALPINE SR VP LEGAL AFFAIRS & CORP 241414 0 0 0 525 0 6750 0 903 0 249592 0 0 0 HALEY TAMI CLINICAL EXCELLENCE & CARE TRANSFORM 194846 0 0 0 302 0 12129 0 41109 0 248386 0 0 0 JOHN OLIVER SR DIRECTOR - BUSINESS SOLUTIONS 165399 0 0 0 1445 0 10755 0 31817 0 209416 0 0 0 KERRI KELLER VP PEOPLE SERVICES 170115 0 0 0 570 0 9996 0 6585 0 187266 0 0 0 A CITY OF OWATONNA MN 416005444 690562AA1 2003-06-30 4120000 REFINANCING SERIES 2000 BONDS 0 0 0 B CITY OF PINE CITY MN 416005456 722518AA5 2006-04-27 8100000 PURCHASE OF FACILITIES 0 0 0 C CITY OF MOORHEAD MN 416005386 61615CAB8 2012-09-27 10076874 REFINANCING SERIES 2005A AND 2008A BONDS 0 0 0 D MOORHEAD ECONOMIC DEVELOPMENT AUTHORITY MN 411671510 61615JAR8 2012-09-27 10000000 REFINANCING SERIES 2005A AND 2008A BONDS 0 0 0 A 2915000 4120000 3841720 278280 2003 1 0 1 1 B 2800000 8100000 302750 7797250 2006 0 0 1 1 C 6355000 10076874 9830951 245923 2012 1 0 1 1 D 10000000 9757473 242527 2012 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF OWATONNA, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 04/01/2008 ISSUER NAME: CITY OF PINE CITY, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 04/14/2016 ISSUER NAME: CITY OF MOORHEAD, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 ISSUER NAME: MOORHEAD ECONOMIC DEVELOPMENT AUTHORITY, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 ISSUER NAME: HOUSING AND REDEVELOPMENT AUTHORITY OF DULUTH, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 ISSUER NAME: LAKE COUNTY HOUSING AND REDEVELOPMENT AUTHORITY, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 ISSUER NAME: TOWN OF RICE LAKE, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2017 ISSUER NAME: CITY OF FALCON HEIGHTS, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 01/04/2018 ISSUER NAME: CITY OF CHISAGO CITY, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 03/17/2020 ISSUER NAME: CITY OF ST. CLAIR, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/24/2018 ISSUER NAME: CITY OF DETROIT LAKES, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/23/2018 ISSUER NAME: CITY OF NORTH BRANCH, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 10/31/2019 ISSUER NAME: CITY OF LAKE CRYSTAL, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2019 ISSUER NAME: CITY OF OWATONNA, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 08/31/2019 A HOUSING AND REDEVELOPMENT AUTHORITY OF DULUTH MN 416006975 2012-09-28 8300000 REFINANCING SERIES 2004A, 2004B, 2004C, AND 2005 BONDS 0 0 0 B LAKE COUNTY HOUSING AND REDEVELOPMENT AUTHORITY MN 411563472 2012-09-28 9140000 REFINANCING SERIES 2004A, 2004B, 2004C, AND 2005 BONDS 0 0 0 C TOWN OF RICE LAKE MN 416005489 2012-09-28 5560000 REFINANCING SERIES 2004A, 2004B, 2004C, AND 2005 BONDS 0 0 0 D CITY OF FALCON HEIGHTS MN 416007644 2013-01-04 4400000 REFINANCING SERIES 2005A BONDS 0 0 0 A 2060544 8300000 7984423 154104 161473 2012 1 0 1 1 B 2269248 9140000 8792485 169700 177815 2012 1 0 1 1 C 1380418 5560000 5348602 103231 108167 2012 1 0 1 1 D 1501277 4400000 4330395 69605 2013 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A CITY OF CHISAGO CITY MN 416005046 17012CAR4 2013-07-25 18520000 REFINANCING SERIES 2004A AND 2004B BONDS 0 0 0 B CITY OF ST CLAIR MN 416007794 363651LZ1 2013-07-30 9125000 REFINANCING SERIES 2004D, 2004E, AND 2006 BONDS 0 0 0 C CITY OF DETROIT LAKES MN 416005098 2013-08-01 2670748 REFINANCING SERIES 2004A BONDS 0 0 0 D CITY OF NORTH BRANCH MN 416005421 2014-11-25 4075000 REFINANCING SERIES 2006B BONDS 0 0 0 A 3250000 18520000 18046679 473321 2013 1 0 1 1 B 3841643 9125000 9013939 111061 2013 1 0 1 1 C 910379 2670748 2635369 35379 2013 1 0 1 1 D 1764750 4075000 3959540 115460 2014 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 1 0.12100 0 1 B 1 0 0 0 0.01000 0.01000 0.02000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A CITY OF LAKE CRYSTAL MN 416005294 509530BT7 2014-12-18 8316913 REFINANCING SERIES 2006 BONDS 0 0 0 B CITY OF OWATONNA MN 416005444 690558AL5 2014-12-18 6797665 REFINANCING SERIES 2006 BONDS 0 0 0 C CITY OF MINNEAPOLIS MN 416005375 603786AN2 2015-05-18 32052494 NEW CONSTRUCTION 0 0 0 D CITY OF WORTHINGTON MN 416005656 2016-03-15 5900000 REFINANCE SERIES 2007A BONDS 0 0 0 A 3040000 8316913 8067611 249302 2014 1 0 1 1 B 1260000 6797665 6593903 203762 2014 0 1 1 1 C 2285000 32052494 2206629 640000 29205866 2016 0 0 1 1 D 1867859 5900000 5795819 104181 2016 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A CITY OF VERGAS MN 410900504 923413AN8 2016-08-29 10105987 REFINANCE SERIES 2006 AND 2007 BONDS 0 0 0 B CITY OF MAPLEWOOD MN 416008920 565584AL3 2017-12-21 10390000 REFINANCE SERIES 2010 APPLE VALLEY AND MAPLEWOOD BONDS 0 0 0 C CITY OF ST PETER MN 416008920 793180AM2 2018-07-24 5965000 REFINANCE SERIES 2010 LAKE CRYSTAL BONDS 0 0 0 D CITY OF WORTHINGTON MN 416005656 2019-06-27 6000000 REFINANCE SERIES 2014 BONDS 0 0 0 A 1770000 10105987 9155987 315000 635000 2016 1 0 1 1 B 1970000 10390000 10183139 206861 2017 1 1 1 1 C 910000 5965000 5846344 118656 2018 1 0 1 1 D 1234654 6000000 5916438 83562 2019 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 1 0.35900 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A CITY OF EAGLE LAKE MN 416005110 2019-10-01 10000000 NEW CONSTRUCTION 0 0 0 B CITY OF OWATONNA MN 416005444 2019-10-01 7615000 NEW CONSTRUCTION 0 0 0 A 563181 10000000 9887576 112424 2019 0 0 1 1 B 428863 7615000 7502576 112424 2019 0 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE INCLUDES THE CHAIR, THE PRESIDENT, THE VICE CHAIR(S), THE TREASURER AND THE SECRETARY. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE ORGANIZATION IN THE INTERVAL BETWEEN BOARD MEETINGS, AND THE EXECUTIVE COMMITTEE IS AT ALL TIMES SUBJECT TO THE CONTROL AND DIRECTION OF THE BOARD. THE EXECUTIVE COMMITTEE HAS SUCH OTHER DUTIES AS MAY BE PRESCRIBED BY THE BOARD FROM TIME TO TIME. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION CONSIST OF THOSE INDIVIDUALS WHO ARE CONCURRENTLY MEMBERS OF THE MEMBERS ASSEMBLY, AN ELECTORAL BODY THAT IS ELECTED, DIRECTLY AND INDIRECTLY, BY THE SIX MINNESOTA SYNODS OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE CORPORATION ELECT ALL TRUSTEES AFTER CONSIDERATION OF A SLATE OF NOMINEES APPROVED BY THE NOMINATING COMMITTEE. THE NOMINATING COMMITTEE CONSISTS OF FIVE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING ACTIONS OF THE BOARD OF TRUSTEES REQUIRE APPROVAL FROM THE MEMBERS: 1. AMENDMENTS TO THE ARTICLES OF INCORPORATION 2. AMENDMENTS TO THE BYLAWS 3. APPOINTMENT OF INDIVIDUALS TO THE BOARD OF TRUSTEES FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CFO, THEN PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL, THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ECUMEN'S CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, OFFICERS, MANAGERS AND EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF ECUMEN, INCLUDING THOSE WHO MAKE PURCHASING DECISIONS OR WHO HAVE PROPRIETARY INFORMATION CONCERNING ECUMEN. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO APPLICABLE PARTIES ANNUALLY AND A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT IS OBTAINED. THE POLICY STATES THAT IT IS THE RESPONSIBILITY OF THE APPLICABLE PARTY TO DISCLOSE A POTENTIALLY CONFLICTING TRANSACTION BEFORE IT IS CONSUMMATED AND TO CONTINUE TO SCRUTINIZE THEIR TRANSACTIONS AND DISCLOSE POTENTIAL CONFLICTS IMMEDIATELY. THE SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE MONITORED BY AN H.R. GENERALIST IN THE HOME OFFICE AND BY THE VICE PRESIDENT OF HUMAN RESOURCES. THE VICE PRESIDENT OF HUMAN RESOURCES NOTIFIES THE CEO FOR DISCLOSURES INVOLVING EMPLOYEES, UNLESS THE EMPLOYEE IS THE CEO IN WHICH CASE THE BOARD CHAIR IS NOTIFIED. THE BOARD CHAIR NOTIFIES THE BOARD OR THE APPLICABLE COMMITTEE OF THE BOARD. DISCLOSURES INVOLVING TRUSTEES ARE MADE TO THE BOARD CHAIR, UNLESS THE BOARD CHAIR HAS A CONFLICT IN WHICH CASE THE VICE-CHAIR IS NOTIFIED. THE CONTROLS ARE SPECIFIC TO THE POTENTIAL AREA OF CONFLICT. FOR INSTANCE, IF AN EMPLOYEE PROVIDES DAILY WORK DIRECTION TO A FAMILY MEMBER, ALL SALARY-RELATED DECISIONS FOR THAT FAMILY MEMBER WOULD BE ASSIGNED TO ANOTHER (NON-RELATED) PERSON. DURING BOARD DISCUSSIONS, THE PERSON WITH THE CONFLICT OF INTEREST IS EXCLUDED FROM THE DISCUSSION AND APPROVAL FOR THE CONFLICTING TRANSACTION. OTHER SPECIFIC RESTRICTIONS MAY BE IMPOSED, DEPENDING ON THE CONFLICT. A COMPETITIVE BID OR COMPARABLE VALUATION MUST EXIST. THE BOARD, OR DULY CONSTITUTED COMMITTEE, HAS DETERMINED THAT THE TRANSACTION IS IN THE BEST INTEREST OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT OUTSIDE CONSULTANT IS USED TO MAKE RECOMMENDATIONS FOR THE COMPENSATION OF THE PRESIDENT/CEO AND VICE PRESIDENTS. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT/CEO. THE PRESIDENT/CEO CAN APPROVE THE COMPENSATION FOR THE OTHER EXECUTIVE POSITIONS, BUT REVIEWS HER RECOMMENDATIONS WITH THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO IMPLEMENTATION. A COMPLETE REVIEW OF THE VICE PRESIDENTS WAS COMPLETED IN 2022. THE PRESIDENT/CEO REVIEW IS COMPLETED ANNUALLY AND WAS LAST COMPLETED IN MARCH 2022. FORM 990, PART VI, SECTION C, LINE 19 ECUMEN'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED 53,234. FORM 990, PART XII, LINE 2C; THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. CDL HOMES LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 201440841 SENIOR HOUSING MN 13178240 42407842 ECUMEN LAKEVIEW COMMONS SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 204437549 SENIOR HOUSING MN 6203661 11295823 ECUMEN OWATONNA SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 204076550 SENIOR HOUSING MN 2314459 6447686 ECUMEN EVERCARE SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 202864571 SENIOR HOUSING MN 11529473 15631666 ECUMEN THE PINES OF HUTCHINSON LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 203063914 SENIOR HOUSING MN 2188962 6887979 ECUMEN THE MEADOWS OF WORTHINGTON LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 452429128 SENIOR HOUSING MN 5889149 16157710 ECUMEN NORTH BRANCH SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 203113972 SENIOR HOUSING MN 9537499 11531238 ECUMEN ECUMEN SUNRISE LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 274017524 SENIOR HOUSING MN 0 0 ECUMEN REGENT AT MAPLEWOOD LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 262374599 SENIOR HOUSING MN 8230929 18699310 ECUMEN REGENT AT APPLE VALLEY LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 262374517 SENIOR HOUSING MN 8132839 17924111 ECUMEN CREST AT LAKESHORE LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 274202514 SENIOR HOUSING MN 3447924 13414749 ECUMEN ECUMEN MILL CITY QUARTER LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 472577550 SENIOR HOUSING MN 5041018 41547656 ECUMEN ABIITAN MILL CITY RESTAURANT LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 821059128 RESTAURANT MN 0 0 ECUMEN NORTH BRANCH AFFORDABLE HOUSING DBA UPTOWN MAPLE COMMONS 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411864198 SENIOR HOUSING MN 9537499 11531238 ECUMEN LAKESHORE INC 3531 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 810606178 SENIOR HOUSING MN 16194405 36145658 ECUMEN MANAKATO LUTHERAN HOMES INC 3532 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411858069 SENIOR HOUSING MN 18242171 50381148 ECUMEN SECOND CENTRY HOUSING 3533 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411852311 SENIOR HOUSING MN 9313505 14370431 ECUMEN ECUMEN MINNEAPOLIS SNELLING YARDS LLL 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 852600419 SENIOR HOUSING MN 0 0 ECUMEN ECUMEN TECHNOLOGY SOLUTIONS 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 854064059 TECHNOLOGY MN 302482 -318132 ECUMEN ECUMEN SBC INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410711588 SENIOR HOUSING MN 1413512 52848386 ECUMEN BETHEL MANOR INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411773022 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 BETHEL MANOR II INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411347125 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 NEW RICHMOND SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411974837 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 AUGUSTANA LUTHERAN HOMES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410734237 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 LAMPLIGHTER MANOR INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411772945 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 ROBBINSDALE SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411667830 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 HUBBARD COUNTY SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411932209 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 WHITE BEAR LAKE SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411824727 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 ALEXANDRIA SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 311749430 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 PARMLY LAKEVIEW INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 263789732 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 ST FRANCIS OF ASSISI INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411427983 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 1 ECUMEN SERVICES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411768508 MANAGEMENT SERVICES MN ECUMEN C 5611940 38197013 1.00000 1 BRIDGE REHABILITATION SERVICES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411893649 INACTIVE MN ECUMEN C 1.00000 1 DIVERSIFIED BUSINESS INSURANCE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411843778 INSURANCE MN ECUMEN C 1.00000 1 ONETWOONE DEVELOPMENT LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 473992783 DEVELOPMENT MN ECUMEN C 1.00000 1 ZVAGO COOPERATIVE AT CENTRAL VILLAGE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 812899630 DEVELOPMENT MN ECUMEN C 1.00000 1 ZVAGO COOPERATIVE AT LAKE SUPERIOR 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 830622475 DEVELOPMENT MN ECUMEN C 1.00000 1 ZVAGO COOPERATIVE AT STILLWATER 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 831063342 DEVELOPMENT MN ECUMEN C 1.00000 1 ZVAGO COOPERATIVE AT LONG LAKE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 845096775 DEVELOPMENT MN ECUMEN C 1.00000 1 ECUMEN DBA THE ECUMEN STORE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410711588 SENIOR CARE SUPPLIES SERVICES MN ECUMEN C 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 BETHANY HOME FOUNDATION OF ALEXANDRIA 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411451489 BETH ECUMEN FOUNDATION 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411606713 ECUM ECUMEN HOME CARE INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411586029 ECUM ECUMEN PROPERTIES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411905567 ECUM EMMANUEL FOUNDATION 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411460344 EMMA LAKESHORE INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 810606178 LAKE MANKATO LUTHERAN HOME 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411858069 MANK MAPLEWOOD SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 161655687 MAPL SECOND CENTURY HOUSING 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411852311 SECO