2023-05-12T09:22:23-05:00 2022-06-30 390758449 WIPFLI LLP 170 N RADNOR-CHESTER RD SUITE 200 RADNOR PA 19087 990 2021-07-01 390928211 BENEVOLENT CORPORATION CEDAR COMMUNITY BENE 2623062100 5595 COUNTY ROAD Z WEST BEND WI 53095 JOSEPH PICHLER VICE PRESIDENT OF FINANCE 2623062100 2023-05-11 1 JOSEPH PICHLER 999009999 SOLOMON MARDAKHAEV P01806552 6105653930 2023-05-05 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z NICOLE E PRETRE 5595 COUNTY ROAD Z WEST BEND WI 53095 47064950 0 X WWW.CEDARCOMMUNITY.ORG X 1953 WI TO OPERATE SENIOR RESIDENCES AND PROVIDE LONG-TERM HEALTHCARE SERVICES IN MULTIPLE SETTINGS, A RETREAT AND EDUCATION CENTER, AND HOME-BASED HEALTHCARE SERVICES. OUR MISSION IS TO MODEL CHRIST'S LOVE FOR HUMANITY BY CREATING LIFE-ENHANCING RELATIONSHIPS, SERVICES, AND ENVIRONMENTS. 10 10 583 302 0 0 5735535 767068 33358329 35191841 1285752 1740524 735664 800 41115280 37700233 0 0 0 0 19467169 20307280 0 0 123812 19434677 19537355 38901846 39844635 2213434 -2144402 115395812 110065156 77050934 78497254 38344878 31567902 X CEDAR COMMUNITY IS A FAITH-BASED ORGANIZATION DEDICATED TO MODELING CHRIST'S LOVE FOR HUMANITY BY CREATING LIFE-ENHANCING RELATIONSHIPS, SERVICES, AND ENVIRONMENTS THROUGH THE PROVISION OF A 90 BED SKILLED NURSING FACILITY PROVIDING LONG TERM AND SUBACUTE CARE WITH 42% OF RESIDENTS FUNDED THROUGH MEDICAID AND 34% THROUGH MEDICARE AND MEDICARE REPLACEMENT INSURANCE, REHABILITATION THERAPIES, HOME HEALTH AND HOSPICE SERVICES (PRIMARILY MEDICARE), RETREAT FACILITIES, COMMUNITY EDUCATION, 165 UNITS OF ASSISTED LIVING WITH 35 FUNDED THROUGH FAMILY CARE, 60 CBRF UNITS SPECIALIZING IN DEMENTIA CARE, 4 COMMUNITIES OF INDEPENDENT LIVING PROVIDING A TOTAL OF 427 UNITS, AND MINISTRY SERVICES AND PROGRAMS. A VARIETY OF ANCILLARY SERVICES SUPPORT THESE PROGRAMS INCLUDING GIFT SHOPS, DINING SERVICES, PHARMACY, PROVISION OF HEALTH & PERSONAL SUPPLIES, ACTIVITIES & ENTERTAINMENT. 0 0 12941147 0 8795974 CEDAR COMMUNITY PROVIDES ASSISTED LIVING SERVICES IN FOUR LOCATIONS, WITH 165 UNITS IN RESIDENTIAL CARE APARTMENT COMPLEX FACILITIES AND 60 UNITS IN COMMUNITY BASED RESIDENTIAL FACILITIES. IT PROVIDES A SECURE ENVIRONMENT, DINING SERVICES, ACTIVITES, NURSING SUPPORT, SOCIAL & RELIGIOUS SERVICES. CEDAR COMMUNITY PROVIDED SERVICES DURING THE YEAR TO 328 INDIVIDUALS. 10531657 0 11742177 CEDAR COMMUNITY PROVIDES SKILLED NURSING SERVICES FOR RESIDENTS WITH HEALTHCARE NEEDS, INCLUDING DEMENTIA SPECIFIC CARE, SUBACUTE CARE, AND SUPPORTIVE SERVICES SUCH AS PHARMACY, THERAPIES, ACTIVITIES, DINING SERVICES, SOCIAL & RELIGIOUS SERVICES. CEDAR COMMUNITY SERVED 484 INDIVIDUALS DURING THE YEAR. 8152929 0 11423630 CEDAR COMMUNITY PROVIDES SECURE RETIREMENT LIVING FOR SENIORS AT FOUR LOCATIONS PROVIDING BOTH APARTMENTS AND INDIVIDUAL HOMES. ANCILLARY SERVICES INCLUDE A VARIETY OF ACTIVITIES, DINING SERVICES, AND ACCESS TO BASIC SUPPLIES THROUGH A GIFT SHOP & STORE. CEDAR COMMUNITY PROVIDED INDEPENDENT LIVING SERVICES TO 609 INDIVIDUALS DURING THE YEAR. 2598765 0 3230060 CEDAR COMMUNITY PROVIDES HOME BASED SERVICES INCLUDING HOSPICE AND HOME HEALTH. 2598765 0 3230060 34224498 1 1 0 0 0 0 0 0 0 1 1 1 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 1 0 0 0 0 0 0 0 0 1 117 0 583 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X JOSEPH PICHLER 2623062100 5595 COUNTY ROAD Z WEST BEND WI 53095 NICOLE E PRETRE CEO 40.00 X 220070 0 11168 LYNN OLSON RETIRED CEO 40.00 X 213164 0 9129 SAMUEL VANG DIRECTOR OF PHARMACY 40.00 X 136549 0 10479 JOSEPH PICHLER VP OF FINANCE 40.00 X 127983 0 11408 KELLI DERUYTER VP OF CLINICAL SERVICES 40.00 X 127547 0 11351 SARAH MALCHOW VICE PRESIDENT DEVELOPMENT 40.00 X 123302 0 0 AMY MEYER VICE PRESIDENT OPERATIONS 40.00 X 121487 0 10090 DAVID GRANDINETTI PHARMACIST 40.00 X 120886 0 1212 JOE CARLSON PRESIDENT 1.00 X X 0 0 0 CHUCK O'MEARA VICE PRESIDENT 1.00 X X 0 0 0 TOM ROSS TREASURER 1.00 X X 0 0 0 JOAN ADLER SECRETARY (FROM DEC 2021) 1.00 X X 0 0 0 SHERI KATZER BOARD MEMBER 1.00 X 0 0 0 REV ERIC KIRKEGAARD BOARD MEMBER 1.00 X 0 0 0 MARY KURER BOARD MEMBER (THRU DEC 2021) 1.00 X 0 0 0 DAN MILLER BOARD MEMBER (THRU JAN 2022) 1.00 X 0 0 0 BILL MYERS JR BOARD MEMBER (THRU JUNE 2022) 1.00 X 0 0 0 SARAH RUDNICK BOARD MEMBER (THRU JAN 2022) 1.00 X 0 0 0 DOUG SHOLUND BOARD MEMBER 1.00 X 0 0 0 ADAM STONE BOARD MEMBER (THRU APR 2022) 1.00 X 0 0 0 MIKE WISNEFSKE BOARD MEMBER 1.00 X 0 0 0 CHRIS ZWYGART BOARD MEMBER 1.00 X 0 0 0 1190988 0 64837 15 1 1 0 MOORE CONSTRUCTION SERVICES LLC W146 N5805 ENTERPRISE AVENUE MENOMONEE FALLS WI 53051 CONSTRUCTION SERVICES 5129462 BSG MAINTENANCE INC PO BOX 165 NEWBURG WI 53060 HOUSEKEEPING AND LAUNDRY SERVICES 1281865 CONCEPT REHAB INC 7150 GRANITE CIRCLE SUITE 200 TOLEDO OH 43617 CONTRACT THERAPY SERVICES 990603 JF AHERN CO PO BOX 1316 FOND DU LAC WI 54936 CONSTRUCTION SERVICES 595709 EUA 333 E CHICAGO ST MILWAUKEE WI 53202 CONSTRUCTION DESIGN AND MANAGEMENT 543507 24 100423 666645 767068 ASSISTED LIVING 623000 11742177 11742177 HEALTH AND REHABILITION 623000 8795974 8795974 INDEPENDENT LIVING 623000 8708010 8708010 ANCILLARY SERVICES 623000 2715620 2715620 HOME BASED SERVICES 623000 2094933 2094933 1135127 1135127 35191841 988791 988791 10100900 15550 9364235 482 736665 15068 751733 751733 RETREAT AND EDUCATION 611430 800 800 800 37700233 35191841 0 1741324 395411 395411 16023814 13805593 2156914 61307 213129 179442 32890 797 2288708 1945392 334677 8639 1386218 1167114 213921 5183 191635 87094 104541 90784 90784 58764 58764 80726 80726 3361423 2327604 1020338 13481 187376 203 183186 3987 3536640 3351823 156498 28319 408986 715 408271 1953023 1953023 112848 89192 22799 857 35396 14843 19905 648 1764259 1764259 6129669 6129669 454188 454188 FOOD EXPENSE 830722 830722 BED TAX ASSESSMENT 189720 189720 DUES & SUBSCRIPTIONS 76776 10448 65734 594 BAD DEBT EXPENSE 6683 6683 67737 25765 41972 39844635 34224498 5496325 123812 45125 36072 7809994 3285655 1448453 1595901 257606 186426 666201 563294 168578906 104716064 60353054 63862842 36726329 30865958 8089050 9669008 115395812 110065156 3955087 3616729 7095412 9539998 39790937 40426557 26209498 24913970 77050934 78497254 X 38170547 29875471 174331 1692431 38344878 31567902 115395812 110065156 X -2144402 -6187595 1555021 X 0 1 X 1 1 1 X 1749688 605752 3305255 5753704 767068 12181467 1749688 605752 3305255 5753704 767068 12181467 844265 11337202 590943 730104 928643 855399 988791 4093880 -2227478 298209 203101 200 800 -1725168 14550179 179089722 0.77920 0.70230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2110930 1152818 -142020 3121728 0 2098565 12365 2110930 0.63610 0.36390 0.00000 0 0 3235505 3235505 120809742 78068117 42741625 35136112 26647947 8488165 9397547 9397547 63862842 CASH EQUIVALENTS 1310983 F U.S. GOVERNMENT AND AGENCY OBLIGATIONS 2129063 F CORPORATE AND FOREIGN BONDS 2787459 F PRIVATE EQUITY FUND 3441503 F 9669008 RESIDENT FUNDS HELD IN TRUST 14123 ENTRANCE FEE DEPOSITS 1484122 REFUNDABLE ENTRANCE FEES 23251357 LIABILITY UNDER SPLIT-INTEREST AGREEMENTS 164368 24913970 31431912 -6187595 -6187595 37619507 80726 80726 37700233 39726988 -36921 -36921 39763909 80726 80726 39844635 PART V, LINE 4: THE CORPORATION'S ENDOWMENTS ARE ESTABLISHED TO SUPPORT THE CORPORATION'S MISSION, AND THESE ENDOWMENTS INCLUDE A DONOR-RESTRICTED ENDOWMENT AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. X X X X 0 0 0 0 0 0 0 1 0 NICOLE E PRETRE CEO 206713 0 13357 0 0 0 0 0 11168 0 231238 0 0 0 LYNN OLSON RETIRED CEO 136842 0 50075 0 26247 0 0 0 9129 0 222293 0 0 0 PART II, COLUMN (B)(II): PART II, COLUMN (B)(II) REPORTS SALES INCENTIVES PAID IN ACCORDANCE WITH COMPANY POLICY, WHICH WERE EARNED PRIOR TO APPOINTMENT TO THE CEO ROLE. A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 97712DH25 2017-12-28 40483291 SEE PART VI 0 0 0 A 2794375 40561418 2803083 439690 9818270 27500610 2021 1 0 0 1 A 0 1 1 1 0 0.00050 0.00050 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 SCHEDULE K, PART I, COLUMN (F), DESCRIPTION OF PURPOSE: CURRENT REFUNDING OF 2007 AND 2013 WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY BONDS AND FINANCING OF FUTURE CAPITAL PROJECTS. SCHEDULE K, PART II, LINE 3: THE DIFFERENCE BETWEEN THE PRICE ISSUED IN PART I AND THE TOTAL PROCEEDS OF ISSUE ON LINE 3 OF PART II IS DUE TO INVESTMENT EARNINGS FOR THE PERIOD ENDING 6/30/22. SCHEDULE K, PART III, LINE 9, PART IV, LINE 7, AND PART V: THE BOND DOCUMENTS, INCLUDING THE TAX EXEMPTION AGREEMENT ENTERED INTO WITH RESPECT TO THE BONDS, SETS FORTH DETAILED INFORMATION FOR THE ORGANIZATION TO FOLLOW WITH RESPECT TO NONQUALIFYING USE, REMEDIATION, AND ARBITRAGE. X 2 824861 SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST POLICY STATEMENT UPON BEING SEATED AS A MEMBER OF THE BOARD. ANNUALLY, ALL MEMBERS AND KEY EMPLOYEES COMPLETE AND SIGN A QUESTIONNAIRE DESIGNED TO IDENTIFY AREAS OF POTENTIAL CONFLICT OF INTEREST. OFFICERS OF THE BOARD ENSURE THE BOARD MEMBERS ABSTAIN FROM VOTING ON ANY ISSUE WERE THERE IS A CONFLICT OF INTEREST. THE VICE PRESIDENT OF FINANCE ENSURES THAT KEY EMPLOYEES DO NOT MAKE DECISIONS WHICH WOULD PLACE THEM IN A CONFLICT OF INTEREST POSITION. FORM 990, PART VI, SECTION B, LINE 15 CEDAR COMMUNITY'S ADMINISTRATIVE COUNCIL CONSISTS OF THE CEO, AS WELL AS SEVERAL VICE PRESIDENTS, WHO OVERSEE SPECIFIC SERVICE LINES OR DEPARTMENTS. COMPENSATION FOR THE CEO IS DETERMINED ANNUALLY BY THE BOARD EXECUTIVE COMMITTEE, WHILE COMPENSATION OF THE REMAINING ADMINISTRATIVE COUNCIL MEMBERS IS GENERALLY REVIEWED BY THE EXECUTIVE COMMITTEE, AND DETERMINED ANNUALLY BY THE CEO. IN ADDITION, DURING THIS TAX YEAR, THE COMPENSATION OF ALL ADMINISTRATIVE COUNCIL MEMBERS WAS REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTING FIRM. ALL OTHER KEY EMPLOYEES HAVE SALARIES SET BY ADMINISTRATION WITHIN RANGES ESTABLISHED BY HUMAN RESOURCES. WAGE RANGES FOR ALL STAFF ARE BASED ON RECENT INDUSTRY, POSITION, AND LOCATION SPECIFIC DATA, AND WAGE CHANGES ARE DOCUMENTED DURING THE ANNUAL EVALUATIONS PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS MAY BE VIEWED AT THE CORPORATE OFFICES UPON REQUEST. FORM 990, PART XI, LINE 9: NET CHANGE IN CHARITABLE GIFT ANNUITY 419,031. ENDOWMENT MAINTAINED IN PERPETUITY 1,135,990.