2023-09-28T10:32:15-05:00 2023-03-31 420714325 RSM US LLP 117 E MAIN STREET STE 210 GALESBURG IL 61401 990 2022-04-01 371087901 FRANCES HOUSE INC FRAN 3093431550 285 SOUTH FARNHAM STREET GALESBURG IL 61401 JEFFREY SHAW PRESIDENT 3093431550 2023-09-22 1 JEFFREY SHAW XXX-XX-XXXX 0 MICHAEL BASS P00458970 3093428026 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEFFREY SHAW 285 SOUTH FARNHAM STREET GALESBURG IL 61401 37174098 0 X N/A X 1979 IL TO PROVIDE & OPERATE LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED & THE ELDERLY. 4 4 433 0 0 0 46127 179933 20713745 20912459 14417066 4948242 48475 0 35225413 26040634 0 542000 0 0 8099865 8865442 0 0 0 9843080 9234494 17942945 18641936 17282468 7398698 146726305 147318308 24295248 24057348 122431057 123260960 X THE MISSION OF THE ORGANIZATION IS ARTICULATED IN ITS ARTICLES OF INCORPORATION AS FOLLOWS:THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN FURTHERANCE OF THOSE CHARITABLE PURPOSES, THE CORPORATION SHALL BE EMPOWERED TO BUILD, LEASE, ACQUIRE AND OTHERWISE OWN AND OPERATE RESIDENTIAL FACILITIES, NURSING FACILITIES AND OTHER RELATED FACILITIES AND SERVICES FOR THE ELDERLY, MENTALLY RETARDED, MENTALLY ILL, DEVELOPMENTALLY DISABLED AND OTHER LIKE CONDITIONS WITHOUT REGARD TO RACE, RELIGION, COLOR, SEX, CREED OR NATIONAL ORIGIN OF SAID PERSONS. THE CORPORATION WILL NOT ENGAGE IN THE PRACTICE OF MEDICINE NOR RENDER ANY LICENSED PROFESSIONAL SERVICES. 0 0 17501209 542000 20912459 ALL PROGRAM SERVICES RELATE TO PROVIDING AND OPERATING LONG-TERM CARE FACILITIES AND OTHER RELATED SERVICES TO THE DEVELOPMENTALLY DISABLED AND THE ELDERLY. THE ORGANIZATION OPERATES 18 FACILITIES WITH A COMBINED TOTAL OF 270 BEDS WITHIN THESE FACILITIES. 17501209 1 1 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 1 19 0 1 433 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X RON WILSON RFMS INC 3093431550 285 S FARNHAM ST GALESBURG IL 61401 X JEFFREY SHAW PRESIDENT 1.00 1.00 X X 4500 0 0 JOHN CARMODY VICE PRESIDENT 1.00 1.00 X X 4500 0 0 GORDON MONN DIRECTOR 1.00 1.00 X 4500 0 0 MICHAEL WARTMAN DIRECTOR 1.00 1.00 X 4500 0 0 RON WILSON RFMS INC CFO 40.00 X 0 0 0 18000 0 0 0 0 0 0 RFMS INC 285 S FARNHAM STREET GALESBURG IL 61401 ADMINISTRATIVE & CONSTRUCTION SERVICES 627126 LTC SUPPORT SERVICES LLC 285 S FARNHAM STREET GALESBURG IL 61401 SUPPORT SERVICES 427356 DSY DENTAL CONSULTANTS PC PO BOX 5161 SKOKIE IL 60076 DENTISTRY 111392 RSM US LLP 30 S WACKER DRIVE CHICAGO IL 60606 ACCOUNTING 110250 4 174638 5295 179933 MEDICARE & MEDICAID 623000 12904437 12904437 FACILITY LEASE INCOME 623000 4633782 4633782 PRIVATE PAY RESIDENT SERVICES 623000 3164328 3164328 AID TRAINING INCOME 623000 209912 209912 20912459 4877383 4877383 11173932 30391 11133464 0 40468 30391 70859 70859 26040634 20912459 0 4948242 542000 542000 18000 18000 7663061 7370606 292455 35530 34174 1356 564650 543101 21549 584201 561905 22296 1075234 710686 364548 5344 5344 118885 118885 6220 6220 191184 191184 209650 209650 268551 241696 26855 148614 117589 31025 25032 20026 5006 1124457 1092722 31735 173648 170142 3506 90168 81151 9017 2738901 2603056 135845 48299 21767 26532 SUPPLIES & SMALL EQUIPM 1741068 1741068 MEDICAID ASSESSMENT TAX 855973 855973 EQUIPMENT RENTAL & MAIN 348513 348513 SUBSCRIPTIONS & FEES 35187 14634 20553 29566 29566 18641936 17501209 1140727 0 2698254 2724205 15428462 9134472 2344034 2064087 82278 31228 73770159 44842792 31403898 28927367 46585775 55965124 45656895 46188775 2526709 2283050 146726305 147318308 1088900 1453959 63000 67609 10423743 10045175 12719605 12490605 24295248 24057348 X 122431057 123260960 122431057 123260960 146726305 147318308 7398698 -6568795 0 X X 0 1 X 1 0 X 4174 15101 1023239 46127 179933 1268574 20537713 20847874 22907887 20713745 20912459 105919678 20541887 20862975 23931126 20759872 21092392 107188252 0 0 0 107188252 6346396 1802408 1927591 3942711 4877383 18896489 6346396 1802408 1927591 3942711 4877383 18896489 48475 48475 26888283 22665383 25858717 24751058 25969775 126133216 0.84980 0.86240 0.14980 0.13720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6220 6220 18641937 18648157 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 4449 4792 5314 6220 20775 250000 250000 250000 250000 1000000 1500000 3470620 3470620 61448142 37569842 23878300 3289176 2401711 887465 3197739 2619325 578414 2364482 2251914 112568 28927367 RECEIVABLES FROM 501(C)(2) SUBSIDIARIES 4796390 C MORTGAGE NOTE RECEIVABLE FROM RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC. 3016909 C MEMBER INTEREST-LTC SUPPORT SERVICES, LLC 10000 C INTEREST RECEIVABLE FROM PINNACLE OPPORTUNITIES, INC. 201305 C INTEREST RECEIVABLE FROM RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC. 300044 C PROMISSORY NOTE RECEIVABLE FROM UNRELATED 501(C)(3) ORGANIZATION 11471284 C ADVANCE RECEIVABLE FROM UNRELATED 501(C)(3) ORGANIZATION 235063 C ADVANCE RECEIVABLE FROM RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC. 26157780 C 46188775 LOAN PAYABLE TO PIONEER CONCEPTS, INC. 10947766 LOAN PAYABLE TO PINNACLE OPPORTUNITIES, INC. 1429839 DUE TO THIRD PARTY PAYORS 113000 12490605 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTIONS 501(C)(3) OR 501(C)(2) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA (U.S. GAAP). WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2019. 0 FLORIDA LIVING OPTIONS 285 S FARNHAM ST GALESBURG IL 61401 364467489 501(C)(3) 542000 0 FMV GENERAL OPERATING SUPPORT 1 0 LTC SUPPORT SERVICES (LTC) A SINGLE DIRECTOR COMMON TO BOTH FRANCES HOUSE & LTC IS JEFFREY SHAW 427356 SUPPORT SERVICES ARE PROVIDED BY LTC SUPPORT SERVICES, LLC., AS DESCRIBED IN SCHEDULE O RELATIVE TO PART VI, SECTION A, LINE 3. JEFFREY SHAW, WHO IS A DIRECTOR OF FRANCES HOUSE, INC., AND LTC SUPPORT SERVICES, LLC, RECEIVED DIRECTOR'S FEES OF $0 FROM LTC SUPPORT SERVICES, LLC, FOR THE FISCAL YEAR ENDING MARCH 31, 2023. 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION RECEIVES SUPPORT SERVICES FROM LTC SUPPORT SERVICES, LLC, AN UNRELATED COMPANY. THESE SERVICES INCLUDE OVERSIGHT, TRAINING, REGULATORY COMPLIANCE, QUALITY ASSURANCE PROGRAMS, HUMAN RESOURCE SUPPORT, MARKETING AND MAINTENANCE. FRANCES HOUSE, INC., OWNS 14.2% OF LTC SUPPORT SERVICES, LLC, AND RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., (A SUBSIDIARY OF FRANCES HOUSE, INC.) OWNS 14.2% OF LTC SUPPORT SERVICES, LLC. THE REMAINING 71.6% OF LTC SUPPORT SERVICES, LLC, IS OWNED BY UNRELATED EXEMPT ORGANIZATIONS. THE ORGANIZATION ALSO HAS A NEGOTIATED ARMS LENGTH ADMINISTRATIVE SERVICES CONTRACT WITH RFMS, INC., AN UNRELATED COMPANY, TO OBTAIN SERVICES SUCH AS CASH MANAGEMENT, ACCOUNTING AND FINANCIAL REPORTING, PAYROLL AND EMPLOYEE BENEFITS, INFORMATION TECHNOLOGY, REGULATORY MATTERS, AND OTHER GENERAL BUSINESS AND FINANCIAL MANAGEMENT SERVICES AS REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A PAPER COPY OF FORM 990 FOR THEIR REVIEW AND COMMENT PRIOR TO ITS FILING. THE BOARD ALSO REVIEWS IN DETAIL EACH FORM 990 FILED BY THE ORGANIZATION AT ITS REGULARLY SCHEDULED BOARD MEETINGS. ON AN ANNUAL BASIS, EACH BOARD MEMBER ATTENDS A TRAINING SESSION THAT PROVIDES UPDATES ON CURRENT EXEMPT ORGANIZATION TAX COMPLIANCE MATTERS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ATTEST TO THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS REVIEWS ALL COMPLETED CONFLICT OF INTEREST STATEMENTS TO DETERMINE IF ANY CONFLICTS EXIST WHICH WOULD REQUIRE RESTRICTION ON PARTICIPATION IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN ANY TRANSACTIONS INVOLVING THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 A PAPER COPY OF FORM 990 IS PROVIDED UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE VIA THE GUIDESTAR.ORG WEBSITE AND THROUGH THE ATTORNEY GENERAL'S OFFICE OF THE STATE OF ILLINOIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT THROUGH PUBLIC FILING REQUIREMENTS. FORM 990, PART VII, SECTION A, COLUMN B: APPROXIMATELY ONE HALF OF THE AVERAGE HOURS PER WEEK ESTIMATED FOR EACH DIRECTOR IS DEVOTED TO RELATED ORGANIZATIONS LISTED ON SCHEDULE R. FORM 990, PART VII, SECTION A, COLUMN F: RON WILSON IS EMPLOYED BY RFMS, INC., AN UNRELATED ORGANIZATION WHICH HAS AN ADMINISTRATIVE SERVICES CONTRACT WITH FRANCES HOUSE, INC. THE TYPE OF SERVICES PROVIDED BY RFMS, INC., ARE DETAILED IN THE SCHEDULE O EXPLANATION ABOVE RELATIVE TO FORM 990, PART VI, SECTION A, LINE 3. RON WILSON IS THE CHIEF FINANCIAL OFFICER OF RFMS, INC. HIS COMPENSATION REPORTED ON HIS RFMS, INC. FORM W-2, BOX 5 FOR CALENDAR YEAR 2022 IS $196,536. RON WILSON'S COMPENSATION AMOUNT AND HOURS HAVE NOT BEEN PRORATED BASED ON TIME SPENT FOR EACH OF THE FIFTEEN ORGANIZATIONS TO WHOM SERVICES ARE PROVIDED BY RFMS, INC. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XII, LINE 2B: THE FINANCIAL STATEMENTS OF FRANCES HOUSE, INC., WERE AUDITED AS PART OF THE CONSOLIDATED FINANCIAL REPORT ISSUED FOR FRANCES HOUSE, INC., AND SUBSIDIARIES. DANVILLE INDEPENDENCE LLC 3222 INDEPENDENCE DRIVE DANVILLE IL 61832 320139883 OWNS FACILITY OPERATED BY RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC. IL 938501 7918530 N/A HAWTHORNE INN OF PRINCETON LLC 285 S FARNHAM STREET GALESBURG IL 61401 753019235 OWNS FACILITY OPERATED BY RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC. IL 885798 5160586 N/A BRANDON LUMSDEN ROAD SNF LLC 851 W LUMSDEN ROAD BRANDON FL 33511 462249471 OWNS FACILITY OPERATED BY AN UNRELATED 501(C)(3) ORGANIZATION FL 813 1086673 N/A PINNACLE OPPORTUNITIES INC 285 S FARNHAM STREET GALESBURG IL 61401 364143605 OPERATION OF LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED IL 501(C)(3) LINE 10 N/A 1 PIONEER CONCEPTS INC 285 S FARNHAM STREET GALESBURG IL 61401 364143602 OPERATION OF LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED IL 501(C)(3) LINE 10 N/A 1 RESIDENTIAL ALTERNATIVES OF ILLINOIS INC 285 S FARNHAM STREET GALESBURG IL 61401 371223846 OPERATES ELDERLY SKILLED NURSING,ASSISTED/INDEPNDNT LIVING FACILITIES IL 501(C)(3) LINE 10 N/A 1 PERU BECKER LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341728 ACQUIRING & HOLDING TITLE TO PROPERTY; REMITTING ALL INCOME TO 501(C)(3) IL 501(C)(2) N/A 1 PEORIA MANOR COURT LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341694 ACQUIRING & HOLDING TITLE TO PROPERTY; REMITTING ALL INCOME TO 501(C)(3) IL 501(C)(2) N/A 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RESIDENTIAL ALTERNATIVES OF ILLINOIS INC D 29174689 CASH TRANSACTION BASED ON FMV PIONEER CONCEPTS INC E 10947766 CASH TRANSACTION BASED ON FMV PERU BECKER LTD NFP D 2885793 CASH TRANSACTION BASED ON FMV PEORIA MANOR COURT LTD NFP D 1908057 CASH TRANSACTION BASED ON FMV PINNACLE OPPORTUNITIES INC E 1429839 CASH TRANSACTION BASED ON FMV RESIDENTIAL ALTERNATIVES OF ILLINOIS INC A 300044 CASH TRANSACTION BASED ON FMV PINNACLE OPPORTUNITIES INC A 201305 CASH TRANSACTION BASED ON FMV SCHEDULE R, PART V, LINE 1A: ALL AMOUNTS RECEIVED FROM RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., ARE RELATED TO THE ORGANIZATION'S EXEMPT PURPOSE. RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., A 501(C)(3) SUBSIDIARY OF FRANCES HOUSE, INC., FILES A SEPERATE FORM 990 AND REPORTED THESE ITEMS AS PROGRAM-RELATED EXPENSES ACCORDINGLY. RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., REPORTS NO UNRELATED BUSINESS TAXABLE INCOME ON FORM 990 AND IS NOT REQUIRED TO FILE FORM 990-T. SCHEDULE R, PART II: ALL OF THE 501(C)(3) ORGANIZATIONS AND ALL OF THE 501(C)(2) ORGANIZATIONS LISTED IN THIS SECTION ARE SUBSIDIARIES OF FRANCES HOUSE, INC.