2024-11-15T13:45:10-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2023-01-01 430654862 LUTHERAN SENIOR SERVICES LUTH 3149689313 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 CHAD SNEED CHIEF FINANCIAL OFFICER 3149689313 2024-11-15 1 0 AMBER ROGNAN-HAMILTON P01251012 3149254300 2024-11-15 2023 2024-10-15 13:58:12Z ADAM MARLES 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 424734935 0 X WWW.LSSLIVING.ORG X 1863 MO FAITH BASED ORGANIZATION WHICH PROVIDES A NETWORK OF SUPPORTIVE SERVICES FOR OLDER ADULTS. 14 14 4080 802 0 0 6646630 4946565 162642688 221184421 5004868 9704101 1916964 2956590 176211150 238791677 2398126 2944 0 0 100619741 136359908 0 0 0 91349335 118179444 194367202 254542296 -18156052 -15750619 743686876 771641649 864647837 898357319 -120960961 -126715670 TO PROVIDE A NETWORK OF SUPPORTIVE SERVICES THAT MEET THE NEEDS OF OLDER ADULTS AT ALL INCOME LEVELS IN ORDER TO LIVE OUT OUR MISSION OF "OLDER ADULTS LIVING LIFE TO THE FULLEST". 0 0 217388768 2944 221764966 OPERATIONS FOR EIGHT LIFE PLAN COMMUNITIES THAT OFFER A CONTINUUM OF CARE THAT INCLUDES INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING, THE MAJORITY OF WHICH ARE MEDICARE/MEDICAID CERTIFIED. IN ADDITION, OPERATIONS OF ONE ASSISTED LIVING FACILITY NOT ASSOCIATED WITH A CCRC.A TOTAL OF 3,218 UNITS ARE OFFERED WITH A SUSTAINED OCCUPANCY RATE EXCEEDING 89%. MORE THAN 3,300 CLIENTS ARE SERVED ANNUALLY. 8226061 0 8325763 A VARIETY OF HOME COMMUNITY BASED SERVICES FOR OLDER ADULTS WHO REMAIN IN THEIR OWN HOMES, INCLUDING MEDICARE CERTIFIED HOME HEALTH, PRIVATE DUTY HOME HEALTH SERVICES, HOSPICE SERVICES AND THREE PROGRAMS IN PARTNERSHIP WITH THE UNITED WAY: OUTREACH SOCIAL SERVICES, THE GOOD NEIGHBOR PROGRAM, AND VOLUNTEER MONEY MANAGEMENT. 0 0 -8906308 A BENEVOLENT CARE FUND EXISTS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS OR CLIENTS WHO OUTLIVE THEIR ABILITY TO PAY.TOTAL BENEVOLENT CARE ASSISTANCE PROVIDED WAS $8,906,308, OF WHICH, $8,906,308 IS OFFSETTING PROGRAM SERVICE REVENUE. THERE WAS ADDITIONAL BENEVOLENT CARE ASSISTANCE PROVIDED BY OTHER ENTITIES WITHIN THE LUTHERAN SENIOR SERVICES AFFILIATED GROUP BRINGING THE TOTAL TO APPROXIMATELY $9,269,000. 225614829 1 1 0 1 0 0 0 0 1 0 1 0 0 0 1 1 0 1 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 1 1 1 1 0 0 1 370 0 4080 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X CHAD SNEED 3149689313 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 JEFFREY L DUNN BOARD MEMBER 0.20 2.00 X 0 0 0 DR F MATTHEW KUHLMANN SECRETARY 0.20 2.00 X X 0 0 0 REV ROY CHRISTELL BOARD MEMBER 0.20 2.00 X 0 0 0 DIANE R DROLLINGER BOARD MEMBER 0.20 2.00 X 0 0 0 HARRY MUELLER BOARD MEMBER 0.20 2.00 X 0 0 0 LISA J SOMBART BOARD MEMBER 0.20 2.00 X 0 0 0 PAUL N TICE CHAIRPERSON 0.20 2.00 X X 0 0 0 DAVID ANDERSON VICE CHAIRPERSON 0.20 2.00 X X 0 0 0 JULIE BANTLE BOARD MEMBER (TERM ENDED 6/23) 0.20 2.00 X 0 0 0 NORMAN TOON BOARD MEMBER 0.20 2.00 X 0 0 0 DAN BROWN ASSISTANT SECRETARY 0.20 2.00 X X 0 0 0 ELISE MCCLINE BOARD MEMBER 0.20 2.00 X 0 0 0 BRENT BEUMER BOARD MEMBER 0.20 2.00 X 0 0 0 MEGAN MEADOWS BOARD MEMBER 0.20 2.00 X 0 0 0 REV JOEL CHRISTIANSEN BOARD MEMBER (TERM ENDED 6/23) 0.20 2.00 X 0 0 0 REV CHRISTOPHER SOMMER DIRECTOR 0.20 2.00 X X 0 0 0 LISA NORWINE CHIEF ADVANCEMENT OFFICER 31.00 9.00 X 301984 0 29107 VALERIE COOPER VP OF LIFE PLAN COMMUNITIES 31.00 9.00 X 209722 0 30409 CHAD SNEED CHIEF FINANCIAL OFFICER 31.00 9.00 X 308547 0 36249 KENT KIRKWOOD EXECUTIVE DIRECTOR 40.00 0.00 X 160012 0 16804 COLLEEN BOTTENS VP HCBS 31.00 9.00 X 193255 0 30058 LISA WILLIAMS SR VP OF WORKFORCE EXCELLENCE 31.00 9.00 X 234403 0 6238 BEN CAFFEY EX DIR OF REVENUE ENHANCEMENT 31.00 9.00 X 161542 0 17097 BRIAN REINHOLD VP OF RISK/SAFETY/COMPLIANCE 31.00 9.00 X 173795 0 33838 DREW REDMAN EXECUTIVE DIRECTOR 40.00 0.00 X 156803 0 18775 TAMMY HEMPEN EXECUTIVE DIRECTOR 40.00 0.00 X 156546 0 13434 LYNNE SPRIGGS EXECUTIVE DIRECTOR 40.00 0.00 X 161264 0 16759 JOSH KING VP OF INFORMATION TECHNOLOGY 31.00 9.00 X 181774 0 31280 BECKY ZIMMER EX DIR OF PLANNED GIVING 31.00 9.00 X 134487 0 4131 ADAM MARLES PRESIDENT/CEO 31.00 9.00 X 528482 0 34294 ANGIE WILSON EXECUTIVE DIRECTOR 40.00 0.00 X 164698 0 14403 MARYANNE WALLACE EX DIR OF MARKETING & COMMUNICATIONS 31.00 9.00 X 128815 0 20695 NIKKI JENNINGS EX DIR OF AFFORDABLE HOUSING 32.00 8.00 X 106506 0 12426 BETH RUSERT CHIEF EXPERIENCE OFFICER 31.00 9.00 X 347284 0 22581 RON SCHAEFER CHIEF OPERATING OFFICER 31.00 9.00 X 301322 0 24315 JACQUE BOGNER EXECUTIVE DIRECTOR 40.00 0.00 X 151071 0 25892 SHELLY HEIDEN EXECUTIVE DIRECTOR 40.00 0.00 X 147765 0 16508 SUSAN MCCLENAHAN EXECUTIVE DIRECTOR 40.00 0.00 X 136999 0 12844 RACHEL LITTLE DIR OF CLINICAL COMPLIANCE 31.00 9.00 X 161722 0 3448 TODD YOUNG NETWORK DIRECTOR 31.00 9.00 X 157594 0 7207 ADAM PENG PHYSICAL THERAPIST 31.00 9.00 X 197411 0 4834 SHERRI ROGERS CONTROLLER 31.00 9.00 X 175347 0 311 DONNA ALTURA RN 40.00 0.00 X 154028 0 5229 5393178 0 489166 114 0 1 0 SYMBRIA REHAB 28100 TORCH PARKWAY WARRENVILLE IL 60555 THERAPY SERVICES 4878533 LAWN GROOMERS INC 1909 GRAVOIS ROAD HIGH RIDGE MO 63049 LAWNCARE/LANDSCAPING 1195112 GRAPETREE MEDICAL STAFFING 2501 BOJI BEND DRIVE SUITE 100 MILFORD IA 51351 STAFFING 1185700 MEI TOTAL ELEVATOR SOLUTIONS 19336 607TH AVENUE MANKATO MN 56001 ELEVATOR SERVICES 1081641 INTEGRITY HEALTH GROUP 6048 SAND PINES ESTATES ORLANDO FL 32819 STAFFING 791014 41 4855654 89816 1095 4946565 LIFE PLAN COMMUNITIES REVENUE 623000 212439461 212439461 HOME COMMUNITY BASED SERVICES REV 623000 8325763 8325763 AMORTIZATION OF ENTRANCE FEES 623000 7962141 7962141 DEVELOPMENT FEES 623000 700000 700000 MANAGEMENT FEES 623000 663364 663364 -8906308 -8906308 221184421 6423507 6423507 2468506 2468506 382917 110997 271920 271920 271920 186408697 30061 185626670 0 782027 30061 812088 812088 110596 205591 -94995 -94995 MEAL INCOME 623000 1264995 1264995 BARBER AND BEAUTY 623000 712534 712534 GARAGE FEES 623000 216873 216873 585263 585263 2779665 238791677 221184421 0 12660691 2944 2944 5015217 5015217 109154332 99339160 9815172 610307 610307 13331732 11427778 1903954 8248320 7386497 861823 176018 164788 11230 472923 51973 420950 258466 61544 196922 9980 9980 209214 209214 19259242 18527578 731664 447986 291444 156542 9815134 8960666 854468 3589826 3217812 372014 11172270 10177092 995178 758309 596759 161550 69006 18215 50791 18634881 13296033 5338848 36164029 35165192 998837 4953005 4334487 618518 DIETARY 9906489 9851408 55081 PHARMACY EXPENSES 985721 985721 BAD DEBT EXPENSE 706105 706105 MISC 256147 141084 115063 334693 300242 34451 254542296 225614829 28927467 0 357642 37135004 70156864 5093721 9367685 3651206 3367127 850112 655375 3816337 3131536 861572301 391869686 467633519 469702615 216386884 211903397 1009856 1009856 410656 449406 1702933 453000 5996648 1087146 743686876 771641649 30200270 42537045 31447477 45634808 475510978 471412600 88053 66791 1061080 326339979 338706075 864647837 898357319 X -120960961 -126715670 -120960961 -126715670 743686876 771641649 X -15750619 9294009 701901 X X 0 1 X 1 1 1 X 3553004 13585586 4167812 6646630 4946565 32899597 173260002 156584886 161913581 162642688 221184421 875585578 94700 56958 1386444 1652461 2792876 5983439 176907706 170227430 167467837 170941779 228923862 914468614 288038 144445 47065 213944 133708 827200 0 288038 144445 47065 213944 133708 827200 913641414 5032968 4604974 3831324 5310830 9274930 28055026 5032968 4604974 3831324 5310830 9274930 28055026 1067855 1410739 102189 131430 97385 2809598 183008529 176243143 171401350 176384039 238296177 945333238 0.96650 0.96920 0.02970 0.02510 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MEAL INCOME - 2020 AMOUNT: $ 665,713. TRANSPORTATION - 2019 AMOUNT: $ 146,310. 2020 AMOUNT: $ 105,638. TELEPHONE - 2019 AMOUNT: $ 4,914. 2020 AMOUNT: $ 6,525. MISCELLANEOUS - 2019 AMOUNT: $ 8,793. 2020 AMOUNT: $ 42,978. 2021 AMOUNT: $ 62,134. 2022 AMOUNT: $ 94,553. 2023 AMOUNT: $ 16,966. MAINTENANCE - 2019 AMOUNT: $ 23,775. 2020 AMOUNT: $ 35,856. LAUNDRY - 2019 AMOUNT: $ 1,890. 2020 AMOUNT: $ 3,438. HOUSEKEEPING - 2019 AMOUNT: $ 3,005. 2020 AMOUNT: $ 2,819. GUEST ROOM - 2019 AMOUNT: $ 76,499. 2020 AMOUNT: $ 29,387. GARAGE FEES - 2019 AMOUNT: $ 101,706. 2020 AMOUNT: $ 104,402. CHAPEL - BARBER AND BEAUTY - 2019 AMOUNT: $ 648,871. 2020 AMOUNT: $ 376,040. ACTIVITIES - 2019 AMOUNT: $ 4,847. 2020 AMOUNT: $ 1,394. PNC REWARDS - 2019 AMOUNT: $ 47,245. 2020 AMOUNT: $ 36,549. 2021 AMOUNT: $ 40,055. 2022 AMOUNT: $ 36,877. 2023 AMOUNT: $ 80,419. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 9980 9980 0 PART II-B, LINE 1: THE ORGANIZATION PAYS MEMBERSHIP DUES TO MISSOURI HEALTH CARE ASSOCIATION AND LEADINGAGE, OF WHICH, A PORTION IS RELATED TO LOBBYING. 0 1 X 25452216 25452216 732860012 321534062 411325950 39850670 23516222 16334448 46819402 46819402 0 16590001 16590001 469702615 REFUNDABLE ADMISSION FEES 332298035 RESIDENT DEPOSITS 5737726 RIGHT OF USE LIABILITIES 670314 338706075 X PART IV, LINE 2B: RESIDENT FUNDS ARE HELD BY THE ORGANIZATION FOR THE BENEFIT OF THE RESIDENT. PART X, LINE 2: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. X X X X X 0 1 0 0 0 0 0 0 0 ADAM MARLES PRESIDENT/CEO 447242 0 81000 0 240 0 25625 0 8669 0 562776 0 0 0 BETH RUSERT CHIEF EXPERIENCE OFFICER 340601 0 5769 0 914 0 20000 0 2581 0 369865 0 0 0 CHAD SNEED CHIEF FINANCIAL OFFICER 284408 0 23587 0 552 0 26165 0 10084 0 344796 0 0 0 LISA NORWINE CHIEF ADVANCEMENT OFFICER 281408 0 19029 0 1547 0 24793 0 4314 0 331091 0 0 0 RON SCHAEFER CHIEF OPERATING OFFICER 300608 0 0 0 714 0 20000 0 4315 0 325637 0 0 0 LISA WILLIAMS SR VP OF WORKFORCE EXCELLENCE 198334 0 34703 0 1366 0 2154 0 4084 0 240641 0 0 0 VALERIE COOPER VP OF LIFE PLAN COMMUNITIES 209292 0 0 0 430 0 24155 0 6254 0 240131 0 0 0 COLLEEN BOTTENS VP HCBS 192528 0 0 0 727 0 23808 0 6250 0 223313 0 0 0 JOSH KING VP OF INFORMATION TECHNOLOGY 181631 0 0 0 143 0 20909 0 10371 0 213054 0 0 0 BRIAN REINHOLD VP OF RISK/SAFETY/COMPLIANCE 173584 0 0 0 211 0 23469 0 10369 0 207633 0 0 0 ADAM PENG PHYSICAL THERAPIST 197368 0 0 0 43 0 0 0 4834 0 202245 0 0 0 ANGIE WILSON EXECUTIVE DIRECTOR 164380 0 0 0 318 0 10841 0 3562 0 179101 0 0 0 BEN CAFFEY EX DIR OF REVENUE ENHANCEMENT 161413 0 0 0 129 0 12082 0 5015 0 178639 0 0 0 LYNNE SPRIGGS EXECUTIVE DIRECTOR 160665 0 0 0 599 0 13309 0 3450 0 178023 0 0 0 JACQUE BOGNER EXECUTIVE DIRECTOR 150887 0 0 0 184 0 13161 0 12731 0 176963 0 0 0 KENT KIRKWOOD EXECUTIVE DIRECTOR 159098 0 0 0 914 0 12522 0 4282 0 176816 0 0 0 SHERRI ROGERS CONTROLLER 175042 0 0 0 305 0 0 0 311 0 175658 0 0 0 DREW REDMAN EXECUTIVE DIRECTOR 156687 0 0 0 116 0 10000 0 8775 0 175578 0 0 0 TAMMY HEMPEN EXECUTIVE DIRECTOR 156356 0 0 0 190 0 13127 0 307 0 169980 0 0 0 RACHEL LITTLE DIR OF CLINICAL COMPLIANCE 161520 0 0 0 202 0 3140 0 308 0 165170 0 0 0 TODD YOUNG NETWORK DIRECTOR 157394 0 0 0 200 0 3220 0 3987 0 164801 0 0 0 SHELLY HEIDEN EXECUTIVE DIRECTOR 146970 0 0 0 795 0 13005 0 3503 0 164273 0 0 0 DONNA ALTURA RN 151488 0 2440 0 100 0 425 0 4804 0 159257 0 0 0 PART I, LINE 4B DEPOSITS MADE INTO ACCOUNTS BY ORGANIZATION: LISA NORWINE - SEC 457(B) PLAN - $20,000 SHELLY HEIDEN SEC 457(B) PLAN - $10,000 JACQUE BOGNER SEC 457(B) PLAN - $10,000 KENT KIRKWOOD SEC 457(B) PLAN - $10,000 TAMMY HEMPEN SEC 457(B) PLAN - $10,000 LYNNE SPRIGGS SEC 457(B) PLAN - $10,000 DREW REDMAN SEC 457(B) PLAN - $10,000 CHAD SNEED - SEC 457(B) PLAN - $20,000 BRIAN REINHOLD - SEC 457(B) PLAN - $20,000 JOSH KING - SEC 457(B) PLAN - $20,000 VALERIE COOPER - SEC 457(B) PLAN - $20,000 COLLEEN BOTTENS - SEC 457(B) PLAN - $20,000 SUSAN MCCLENAHAN SEC 457(B) PLAN - $10,000 ADAM MARLES SEC 457(B) PLAN - $20,000 BEN CAFFEY SEC 457(B) PLAN - $10,000 MARYANNE WALLACE SEC 457(B) PLAN - $10,000 NIKKI JENNINGS SEC 457(B) PLAN - $10,000 BETH RUSERT SEC 457(B) PLAN - $20,000 RON SCHAEFER SEC 457(B) PLAN - $20,000 ANGIE WILSON SEC 457(B) PLAN - $10,000 LISA NORWINE - SEC 457(F) PLAN - $19,029 CHAD SNEED SEC 457(F) PLAN - $23,587 LISA WILLIAMS SEC 457(F) PLAN - $14,703 ADAM MARLES SEC 457(F) PLAN - $36,000 BETH RUSERT SEC 457(F) PLAN - $5,769 PAYMENTS RECEIVED FROM PLAN: LISA NORWINE - SEC 457(B) PLAN - $18,127 CHAD SNEED - SEC 457(B) PLAN - $2,487 BRIAN REINHOLD - SEC 457(B) PLAN - $10,027 JOSH KING - SEC 457(B) PLAN - $10,106 VALERIE COOPER - SEC 457(B) PLAN - $10,145 COLLEEN BOTTENS - SEC 457(B) PLAN - $9,942 BETH RUSERT - SEC 457(F) PLAN - $6,174 SCHEDULE J PART II LUTHERAN SENIOR SERVICES IS A LARGE COMPLEX ORGANIZATION THAT IS COMPRISED OF 12 SEPARATE LEGAL ENTITIES, EACH OF WHICH FILES ITS OWN TAX RETURN. DUE TO THE REQUIREMENTS FOR COMPLETING THESE 990'S (WHICH ARE FILED BY 10 OF THE 12 LSS ENTITIES), SOME OF THE INFORMATION CONTAINED WITHIN THE FORM, SUCH AS REVENUE AND EXPENSES, IS RELATED ONLY TO THAT PARTICULAR ENTITY. HOWEVER, SOME OF THE INFORMATION, SUCH AS EXECUTIVE COMPENSATION, RELATES TO THE ENTIRE ORGANIZATION. TO HELP MAKE THIS INFORMATION MORE MEANINGFUL, THE FOLLOWING PARAGRAPH PROVIDES A SUMMARY OF THE OVERALL OPERATIONS OF LSS. LUTHERAN SENIOR SERVICES IS A NOT FOR PROFIT ORGANIZATION OWNED BY 104 LUTHERAN CHURCHES AND WAS INITIALLY FOUNDED IN 1858. LUTHERAN SENIOR SERVICES OPERATES NINE SENIOR LIVING COMMUNITIES SERVING OVER 3,000 OLDER ADULTS, EIGHT AFFORDABLE HOUSING COMMUNITIES SERVING OVER 570 OLDER ADULTS AND A VARIETY OF IN HOME SERVICES PROGRAMS SERVING OVER 5,000 OLDER ADULTS. IN 2023, LSS HAD TOTAL OPERATING INCOME OF APPROXIMATELY $237,000,000, PROVIDED APPROXIMATELY $9,269,000 IN BENEVOLENT CARE, HAD NEARLY 44,800 VOLUNTEER HOURS AND EMPLOYED 15 CHAPLAINS. A HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SERIES 2014A 431178966 60635HS26 2014-06-04 84146040 REFUNDING OF 2004 BONDS AND CAPITAL IMPROVEMENTS 0 0 0 B HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SER 2014B 431178966 2014-06-04 50000000 REFUNDING OF 2008 BONDS 0 0 0 C HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SERIES 2016A 431178966 60635HU56 2016-01-29 58320378 ACQUISITION OF MASON POINTE AND OTHER LSS CAPITAL PROJECTS 0 0 0 D HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SER 2016B&C 431178966 60635HZ85 2016-11-04 123622927 REFUNDING OF SERIES 2006, 2007A, 2007B, AND 2007C BONDS AND CAPITAL PROJECTS 0 0 0 A 13540000 84658512 3866287 1293330 284416 745203 54739476 23729800 2016 1 0 1 1 B 31460000 50000000 50000000 2015 1 0 1 1 C 7140000 58386615 3409829 952321 851018 1895 50625563 2545989 2017 0 0 1 1 D 23785000 124060373 782691 1941885 1561698 286004 36000000 83488095 2017 1 1 0 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 1 0.18610 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 1 1 1 0 0.00000 0.00000 0.00000 0 1 0.00800 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 1 0 0 1 PNC BANK NATIONAL ASSOCIATION 6.000000000000 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 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI DATE THE REBATE COMPUTATION WAS PERFORMED: 06/01/2019 ISSUER NAME: HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI DATE THE REBATE COMPUTATION WAS PERFORMED: 01/29/2022 ISSUER NAME: HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI DATE THE REBATE COMPUTATION WAS PERFORMED: 03/06/2024 ISSUER NAME: HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2023 SCHEDULE K, ENTITY 2, PAGE 1, PART I, LINE B, COLUMN F - PURPOSE TO REFUND SERIES 2000 BONDS ISSUED 12/21/2000, 2010 BONDS ISSUED 10/14/2010, PARTIALLY REFUND 2014B BONDS ISSUED 8/14/2015, 2014C BONDS ISSUED 2/5/2015 AND 2014D BONDS ISSUED 2/1/2016 SCHEDULE K, ENTITY 2, PAGE 1, PART I, LINE B, COLUMN E - ISSUE PRICE ISSUE PRICE LISTED ON 8038 PART III LINE 21 IS $151,834,192, WHICH INCLUDES $20,000,000 OF REISSUED 2014B BONDS. THESE BONDS ARE ALREADY RECORDED ON SCHEDULE K AND AS A RESULT, HAVE BEEN EXCLUDED FROM THE ISSUE PRICE OF THIS ISSUANCE. SCHEDULE K, PAGE 1, ENTITY 2, PART II, LINE 3, COLUMN C PROCEEDS DIFFERS FROM ISSUANCE PRICE DUE TO INCLUSION OF ACCUMULATED INTEREST INCOME THROUGH 12/31/23 OF $746,928. SCHEDULE K, PAGE 1, ENTITY 2, PART II, LINE 3, COLUMN A PROCEEDS DIFFERS FROM ISSUANCE PRICE DUE TO INCLUSION OF ACCUMULATED INTEREST INCOME THROUGH 12/31/23 OF $1,901,710. SCHEDULE K, PAGE 1, ENTITY 1, PART II, LINE 3, COLUMN A PROCEEDS DIFFERS FROM ISSUANCE PRICE DUE TO INCLUSION OF ACCUMULATED INTEREST INCOME THROUGH 12/31/23 OF $512,472. SCHEDULE K, PAGE 1, ENTITY 1, PART II, LINE 3, COLUMN C PROCEEDS DIFFERS FROM ISSUANCE PRICE DUE TO INCLUSION OF ACCUMULATED INTEREST INCOME THROUGH 12/31/23 OF $66,237. SCHEDULE K, PAGE 1, ENTITY 1, PART II, LINE 3, COLUMN D PROCEEDS DIFFERS FROM ISSUANCE PRICE DUE TO INCLUSION OF ACCUMULATED INTEREST INCOME THROUGH 12/31/23 OF $437,446. A HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SER 2019A 431178966 60635H2S7 2019-02-25 96498029 CAPITAL IMPROVEMENTS TO LUTHERAN SENIOR SERVICES 0 0 0 B HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI SER 2019C 431178966 60635H3E7 2019-11-05 131834192 SEE SUPPLEMENTAL INFORMATION IN PART VI 0 0 0 C HEALTH & EDUCATIONAL FACILITIES AUTHORITY OF STATE OF MISSOURI 431178966 60635H3P2 2021-12-21 49025698 REDEEM BANK LOAN ISSUED IN 2021 AND FINANCE CAPITAL PURCHASES 0 0 0 A 26725000 98399739 7345405 8904110 1046972 225468 360621 80517163 2020 0 0 1 1 B 131834192 1265786 130568406 2019 1 0 1 1 C 49772626 1873241 697427 914045 31867784 8965291 5454838 2024 0 1 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 1 0.04590 0 1 C 0 1 1 1 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 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 FORM 990, PAGE 1, PART I CONTINUATION LUTHERAN SENIOR SERVICES IS A LARGE COMPLEX ORGANIZATION THAT IS COMPRISED OF 12 SEPARATE LEGAL ENTITIES, EACH OF WHICH FILES ITS OWN TAX RETURN. DUE TO THE REQUIREMENTS FOR COMPLETING THESE 990'S (WHICH ARE FILED BY 10 OF THE 12 LSS ENTITIES), SOME OF THE INFORMATION CONTAINED WITHIN THE FORM, SUCH AS REVENUE AND EXPENSES, IS RELATED ONLY TO THAT PARTICULAR ENTITY. HOWEVER, SOME OF THE INFORMATION, SUCH AS EXECUTIVE COMPENSATION, RELATES TO THE ENTIRE ORGANIZATION. TO HELP MAKE THIS INFORMATION MORE MEANINGFUL, THE FOLLOWING PARAGRAPH PROVIDES A SUMMARY OF THE OVERALL OPERATIONS OF LSS. LUTHERAN SENIOR SERVICES IS A NOT FOR PROFIT ORGANIZATION OWNED BY 104 LUTHERAN CHURCHES AND WAS INITIALLY FOUNDED IN 1858. LUTHERAN SENIOR SERVICES OPERATES NINE SENIOR LIVING COMMUNITIES SERVING OVER 3,000 OLDER ADULTS, EIGHT AFFORDABLE HOUSING COMMUNITIES SERVING OVER 570 OLDER ADULTS AND A VARIETY OF IN HOME SERVICES PROGRAMS SERVING OVER 5,000 OLDER ADULTS. IN 2023, LSS HAD TOTAL OPERATING INCOME OF APPROXIMATELY $237,000,000, PROVIDED APPROXIMATELY $9,269,000 IN BENEVOLENT CARE, HAD NEARLY 44,800 VOLUNTEER HOURS AND EMPLOYED 15 CHAPLAINS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION (THE "MEMBERS") SHALL BE THOSE LUTHERAN CONGREGATIONS LOCATED WITHIN A RADIUS OF APPROXIMATELY 150 MILES FROM ST. LOUIS MISSOURI, WHICH APPLY FOR AND ARE ADMITTED INTO MEMBERSHIP IN ACCORDANCE WITH THESE BYLAWS. FOR PURPOSES OF THESE BYLAWS, "LUTHERAN CONGREGATION" SHALL REFER TO A MEMBER CONGREGATION OF EITHER THE LUTHERAN CHURCH-MISSOURI SYNOD OR THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. FORM 990, PART VI, SECTION A, LINE 7B THE MERGER (OTHER THAN A MERGER IN WHICH THE CORPORATION IS THE SURVIVING ENTITY), DISSOLUTION, OR SALE OR DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS, OF THE CORPORATION SHALL REQUIRE THE VOTE OF THE LESSER OF TWO-THIRDS OF THE MEMBERS OF THE CORPORATION PRESENT AT A DULY CALLED AND CONVENED MEETING OF THE MEMBERS AND A MAJORITY OF ALL OF THE MEMBERS. THE MEMBERS MAY AT ANY TIME AND FOR WHATEVER REASON OR CAUSE, AS THEY MAY DEEM BEST IN THEIR SOLE DISCRETION, REMOVE ANY VOTING DIRECTOR BY A TWO-THIRDS MAJORITY VOTE OF ALL THE MEMBERS PRESENT AT A DULY CALLED AND CONVENED MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BODY IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING. APPROVAL OF THE FORM 990 IS DELEGATED TO THE AUDIT COMMITTEE OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES WILL DISCLOSE A CONFLICT OF INTEREST ON THE "CONFLICT OF INTEREST FORM" IN THE FOLLOWING SITUATIONS AND IN OTHER CIRCUMSTANCES WHICH HE/SHE THINKS MIGHT CAUSE A CONFLICT BETWEEN HIS/HER PERSONAL INTERESTS AND HIS/HER FIDUCIARY DUTY: FINANCIAL INTERESTS, INSIDE INFORMATION, CONFLICTING INTEREST OTHER THAN FINANCIAL, GIFTS AND FAVORS. THE FOLLOWING LSS EMPLOYEES ARE REQUIRED TO SIGN A "CONFLICT OF INTEREST FORM" ANNUALLY: PRESIDENT, CHIEF OPERATING OFFICER, CHIEF FINANCIAL OFFICER/TREASURER, VICE PRESIDENT OF CONSTRUCTION AND IT, VICE PRESIDENT OF HUMAN RESOURCES, ALL DIRECTORS, ADMINISTRATORS AND ASSISTANT ADMINISTRATORS. THE CORPORATE COMPLIANCE OFFICER FOLLOWS UP WITH ANY CONFLICTS OF INTERESTS AND DOCUMENTS THE RESOLUTIONS OF THE CONFLICTS. THESE FORMS ARE KEPT BY THE CORPORATE COMPLIANCE OFFICE. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS ESTABLISHED A SEPARATE COMPENSATION COMMITTEE CHARGED WITH PERFORMING AN ANNUAL PERFORMANCE REVIEW OF THE CEO AND REVIEWING THE CEO'S COMPENSATION PACKAGE. THE COMPENSATION COMMITTEE ENGAGED A THIRD-PARTY GLOBAL HUMAN CAPITAL CONSULTING FIRM TO: (1) DEVELOP AN ANNUAL CEO PERFORMANCE REVIEW PROCESS, INCLUDING A NEW EVALUATION FORM, AND (2) DEVELOP A COMPENSATION PACKAGE BASED ON ITS KNOWLEDGE OF SIMILARLY SIZED NON-PROFIT ORGANIZATIONS IN ORDER TO ENSURE THAT THE COMPENSATION PAID TO THE CEO IS REASONABLE. ALL MEMBERS OF THE BOARD COMPLETE AN ANNUAL EVALUATION, WHICH THE COMPENSATION COMMITTEE SUMMARIZES AND REVIEWS. THE COMPENSATION COMMITTEE THEN MAKES A RECOMMENDATION TO THE FULL BOARD OF DIRECTORS FOR ANY COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 ALTHOUGH NOT A REQUIREMENT, THE ORGANIZATION PROVIDES PHOTOCOPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND OTHER DOCUMENTS TO ALL WHO REQUEST ONE OR MORE OF THE ITEMS. FORM 990, PART XI, LINE 9: NET PERIODIC PENSION COST -425,110. CHANGE IN VALUE OF INTEREST RATE SWAP -210,735. OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS 1,639,746. ASSET IMPAIRMENT -302,000. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT. THIS PROCESS IS CONSISTENT WITH PRIOR YEARS. FORM 990, PAGE 10, PART IX, LINE 11A THE MANAGEMENT FEE EXPENSE REPRESENTS ONLY INTERCOMPANY CHARGES THAT ARE OFFSET BY MANAGEMENT FEE REVENUES INCLUDED IN PROGRAM SERVICE REVENUES ON PAGE 9. DUNN ROAD MANOR LIHTC GP LLC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 474879461 DEVELOPMENT & MGMT OF SENIOR LIVING FACILITIES MO -26 517 LUTHERAN SENIOR SERVICES MACKENZIE PLACE LIHTC GP LLC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 272135897 DEVELOPMENT & MGMT OF SENIOR LIVING FACILITIES MO -22 372 LUTHERAN SENIOR SERVICES LUTHERAN SENIOR SERVICES ENDOWMENT FUND 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 431818832 SENIOR LIVING MO 501(C)(3) LINE 12A, I LUTHERAN SENIOR SERVICES 1 HALLS FERRY MANOR 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 431660879 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 DUNN ROAD MANOR INC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 431874215 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 ROSE HILL HOUSE INC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 431736720 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 ROSE HILL HOUSE II INC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 201889216 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 HILLTOP MANOR ASSOCIATION INC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 020667342 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 WESTFIELD MANOR ASSOCIATION 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 020568032 SENIOR LIVING IL 501(C)(3) LINE 10 N/A 0 MACKENZIE PLACE 202 - II - 45-4000626 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 454000626 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 MACKENZIE PLACE 202 - 27-3777863 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 273777863 SENIOR LIVING MO 501(C)(3) LINE 10 N/A 0 MACKENZIE PLACE LIHTC GP LLC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 272136187 DEVELOPMENT & MANAGEMENT OF SENIOR LIVING FACILITIES MO LUTHERAN SENIOR SERVICES RELATED -22 372 0 1 0.00010 DUNN ROAD MANOR LIHTC GP LLC 1150 HANLEY INDUSTRIAL COURT ST LOUIS MO 63144 474889447 DEVELOPMENT & MANAGEMENT OF SENIOR LIVING FACILITIES MO LUTHERAN SENIOR SERVICES RELATED -26 517 0 1 0.00010 0 0 1 1 1 0 0 0 0 0 0 1 0 1 1 0 1 0 0 LUTHERAN SENIOR SERVICES ENDOWMENT FUND C 4855654 G/L DETAIL