2023-11-13T15:50:27-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-01-01 911982139 ECUMEN ECUM 6517664300 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 SCOTT BJERKETVEDT VP OF FINANCE 6517664300 2023-11-10 1 SCOTT BJERKETVEDT 999009999 0 MACKENZIE MCNAUGHTON P02025805 6123764500 2023-11-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHELLEY KENDRICK 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 178778550 1 0 9386 X WWW.ECUMEN.ORG X 1923 MN WE CREATE HOMES FOR OLDER ADULTS, WHEREVER THEY CHOOSE TO LIVE. 14 14 3147 500 42660 0 10926859 11475485 134430919 139893860 2550368 2223072 847351 1413747 148755497 155006164 199394 75165 0 0 88676440 94939045 0 0 869393 70011345 71129800 158887179 166144010 -10131682 -11137846 310480268 302410009 272246288 283147460 38233980 19262549 WE CREATE HOMES FOR OLDER ADULTS, WHEREVER THEY CHOOSE TO LIVE. 0 0 129021530 75165 139893860 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, 2022, 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. AN ADDITIONAL 19 HEALTH CARE AND OTHER FACILITIES WERE MANAGED FOR UNRELATED THIRD-PARTY OWNERS. 129021530 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 18 0 3147 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 J MICHAEL DADY CHAIR 1.00 0.00 X X 0 0 0 DEBBIE CERVENKA IMMEDIATE PAST CHAIR 1.00 0.00 X 0 0 0 NANCY THOMPSON ULVESTAD SECRETARY 1.00 0.00 X X 0 0 0 DAN ABDUL TRUSTEE 1.00 0.00 X 0 0 0 JEN AUGUSTON TRUSTEE START 7/2022 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 SUSIE CROCKETT TREASURER 1.00 0.00 X X 0 0 0 MARCIA KULL TRUSTEE 1.00 0.00 X 0 0 0 PETER JACOBSON TRUSTEE 1.00 0.00 X 0 0 0 RICHARD OLSON TRUSTEE TO 5/2022 1.00 0.00 X 0 0 0 JOHN PETRABORG VICE CHAIR 1.00 0.00 X X 0 0 0 INGRID RASMUSSEN TRUSTEE 1.00 0.00 X 0 0 0 PHIL ROLLE TRUSTEE 1.00 0.00 X 0 0 0 JOHN TRUCKENBROD TRUSTEE 1.00 0.00 X 0 0 0 SHELLEY KENDRICK PRESIDENT/CEO 39.00 1.00 X 404808 0 36214 MORSHED ALAM CFO/SR VP OF FINANCE TO 8/2022 39.00 1.00 X 287455 0 35344 MELANIE SULLIVAN SR VP & CHIEF PEOPLE OFFICER 39.00 1.00 X 286763 0 15004 BRET ANDERSON SR VP CHIEF ECOSYSTEM & OPS OFFICER 39.00 1.00 X 247790 0 42659 JIM MCALPINE SR VP LEGAL AFFAIRS & CORP GEN COUNSEL 40.00 0.00 X 211025 0 7736 SCOTT BJERKETVEDT VP OF FINANCE 39.00 1.00 X 214919 0 45266 JENNIFER PFEFFER SR REGIONAL DIRECTOR 40.00 0.00 X 178552 0 41740 KERRI KELLER VP PEOPLE SERVICES 40.00 0.00 X 166235 0 15205 TAMI HALEY VP CLINICAL EXCELLENCE & CAE TRANSFER 40.00 0.00 X 196217 0 28551 ANNE STANFIELD SR DIRECTOR BUSINESS DEVELOPMENT 40.00 0.00 X 166798 0 44530 2360562 0 312249 62 0 1 0 GENUINE FOOD LAB LLC 228 PARK AVE S NEW YORK NY 10003 RESTAURANT MANAGMENT 634465 BETTERRX LLC PO 29650 PHOENIX AZ 85038 PHARMACY SOFTWARE 462885 CLIFTONLARSONALLEN LLP 220 SOUTH 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 AUDIT, TAX AND CONSULTING 389828 MCGOUGH CONSTRUCTION 2737 FAIRVIEW AVE NORTH ST PAUL MN 55113 DEVELOPMENT 370322 LIFESTYLE COMMUNITIES LLC 1301 AMERICAN BLVD EAST BLOOMINGTON MN 55425 DEVELOPMENT 280744 9 10587393 888092 1648 11475485 ASSISTED LIVING FEES 623000 69980464 69980464 NURSING REVENUE 623000 55016008 55016008 MANAGEMENT FEES 541610 10606514 10606514 MEAL REVENUE 722320 3573417 3573417 OTHER OPERATING FEES 623000 685148 685148 32309 32309 139893860 780497 780497 448634 0 448634 448634 448634 25201348 23742915 15858 1458433 -15858 1442575 1442575 39717 13613 26104 26104 CAFE/CATERING REVENUES 722320 403952 403952 MISCELLANEOUS 900099 231535 42660 188875 COMMUNITY FEE 900099 155000 155000 148522 148522 939009 155006164 139893860 42660 3594159 75165 75165 1574799 157480 1417319 76105353 58543183 17014146 548024 2544271 1678928 832896 32447 8880569 6531030 2235450 114089 5834053 4378543 1416145 39365 96 96 406016 358880 47136 251072 3040 248032 6552975 6552975 8414860 7507555 831245 76060 996697 28625 955847 12225 1481001 1051131 420900 8970 2881291 2206297 649044 25950 10887287 9516811 1370476 987191 820320 165244 1627 108058 28173 71124 8761 10000471 9847229 153242 12410528 11986970 423558 1516821 1284703 232118 RESIDENT CARE SUPPLIES 8147967 8147967 PROGRAM EXPENSE 2832745 2832745 SURCHARGE 813066 813066 MINOR EQUIPMENT 641133 248274 392027 832 1800525 975415 824067 1043 166144010 129021530 36253087 869393 19029925 21839525 13655788 11467261 16104175 15483535 130143 60638 828587 727660 370789963 157102408 196146759 213687555 51232073 25366314 3221862 2523343 4857093 5609857 5273863 5644321 310480268 302410009 13022692 29590079 10062509 1142767 149749299 167360090 2646847 2784634 83178887 68374066 13586054 13895824 272246288 283147460 X 34000784 15639651 4233196 3622898 38233980 19262549 310480268 302410009 X -11137846 -7651704 -181881 X 0 1 X 1 1 1 X 1142750 688546 5475027 10926859 11475485 29708667 138346238 139383265 133541861 134430919 139893860 685596143 139488988 140071811 139016888 145357778 151369345 715304810 205837 27650 51343 134011 83101 501942 0 205837 27650 51343 134011 83101 501942 714802868 1593024 1707856 1071258 963093 1229131 6564362 1593024 1707856 1071258 963093 1229131 6564362 346022 818444 376017 670915 978726 3190124 141428034 142598111 140464163 146991786 153577202 725059296 0.98590 0.98760 0.00910 0.00860 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SPECIAL EVENT REVENUES - 2018 AMOUNT: $ 7,083. 2019 AMOUNT: $ 5,934. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. FACILITY USE FEES - 2018 AMOUNT: $ 5,295. 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. MISCELLANEOUS INCOME - 2018 AMOUNT: $ 17,253. 2019 AMOUNT: $ 33,387. 2020 AMOUNT: $ 40,590. 2021 AMOUNT: $ 318,444. 2022 AMOUNT: $ 231,535. CAFE/CATERING REVENUES - 2018 AMOUNT: $ 482,854. 2019 AMOUNT: $ 594,801. 2020 AMOUNT: $ 303,392. 2021 AMOUNT: $ 143,167. 2022 AMOUNT: $ 403,952. SALES OF INVENTORY - 2018 AMOUNT: $ 50,061. 2019 AMOUNT: $ 44,203. 2020 AMOUNT: $ 25,622. 2021 AMOUNT: $ 25,766. 2022 AMOUNT: $ 39,717. TENANT FEES - 2018 AMOUNT: $ 328,764. 2019 AMOUNT: $ 329,929. 2020 AMOUNT: $ 298,095. 2021 AMOUNT: $ 183,538. 2022 AMOUNT: $ 148,522. DEBT REFINANCING LOSS - 2018 AMOUNT: $ -545,288. 2019 AMOUNT: $ -189,810. 2020 AMOUNT: $ -291,682. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. COMMUNITY FEE - 2018 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 155,000. 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 $151,927 MEMBERSHIP DUES TO AGING SERVICES OF MINNESOTA AND LEADING AGE. THESE AGENCIES ARE INVOLVED IN AGING SERVICES ISSUES RELATED TO LONG TERM CARE, SENIOR HOUSING AND SUPPORTIVE SERVICES THROUGHOUT GRASSROOTS ADVOCACY AND EDUCATION. THESE ASSOCIATIONS DO CONDUCT LOBBYING ACTIVITIES ON BEHALF OF THEIR MEMBERS. THE PERCENTAGE OF THE DUES ATTRIBUTED TO LOBBYING ACTIVITIES HAS NOT BE PROVIDED TO ECUMEN. ECUMEN PAID SOLOMON STRATEGIES GROUP $30,000 FOR LOBBYIST SUPPORT. 0 1 X 4233197 200137 -698520 111916 3622898 5523679 113261 250202 1653945 4233197 5174165 448995 236212 335693 5523679 5102539 355149 458058 741581 5174165 6467725 730328 -385024 1710490 5102539 0.89120 0.10880 1 0 12496564 12496564 323670345 137074547 186595798 26370517 20027861 6342656 8252537 8252537 213687555 ASSET RETIREMENT OBLIGATIONS 9069533 INSURANCE CLAIMS RESERVES 2620024 ANNUITY 353587 LEASE PAYABLE 1242993 PROPERTY TAX PAYABLE 609687 13895824 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, 2022 OR DECEMBER 31, 2021. 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 0 0 INVESTMENTS 2225080 0 0 0 0 0 0 2225080 0 2225080 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. PART III ACCOUNTING METHOD: 1 EMPLOYEE ASSISTANCE GRANTS 152 75165 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 1 0 0 0 0 0 0 0 0 SHELLEY KENDRICK PRESIDENT/CEO 402697 0 0 0 2111 0 10250 0 25964 0 441022 0 0 0 MORSHED ALAM CFO/SR VP OF FINANCE TO 8/2022 286971 0 0 0 484 0 13147 0 22197 0 322799 0 0 0 MELANIE SULLIVAN SR VP & CHIEF PEOPLE OFFICER 284828 0 0 0 1935 0 13905 0 1099 0 301767 0 0 0 BRET ANDERSON SR VP CHIEF ECOSYSTEM & OPS OFFICER 247477 0 0 0 313 0 5003 0 37656 0 290449 0 0 0 SCOTT BJERKETVEDT VP OF FINANCE 214444 0 0 0 475 0 12911 0 32355 0 260185 0 0 0 TAMI HALEY VP CLINICAL EXCELLENCE & CAE TRANSFE 195917 0 0 0 300 0 11539 0 17012 0 224768 0 0 0 JENNIFER PFEFFER SR REGIONAL DIRECTOR 177432 0 0 0 1120 0 8616 0 33124 0 220292 0 0 0 JIM MCALPINE SR VP LEGAL AFFAIRS & CORP GEN COUNS 210559 0 0 0 466 0 6150 0 1586 0 218761 0 0 0 ANNE STANFIELD SR DIRECTOR BUSINESS DEVELOPMENT 166439 0 0 0 359 0 9068 0 35462 0 211328 0 0 0 KERRI KELLER VP PEOPLE SERVICES 165691 0 0 0 544 0 7985 0 7220 0 181440 0 0 0 PART I, LINE 4A SEVERANCE: MORSHED ALAM - $74,873 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 2740000 4120000 3841720 278280 2003 1 0 1 1 B 2600000 8100000 302750 7797250 2006 0 0 1 1 C 5670000 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 1340885 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 3050000 18520000 18046679 473321 2013 1 0 1 1 B 3398628 9125000 9013939 111061 2013 1 0 1 1 C 805244 2670748 2635369 35379 2013 1 0 1 1 D 1544006 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 2850000 8316913 8067611 249302 2014 1 0 1 1 B 1105000 6797665 6593903 203762 2014 0 1 1 1 C 1800000 32052494 2206629 640000 29205866 2016 0 0 1 1 D 1600940 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 1500000 10105987 9155987 315000 635000 2016 1 0 1 1 B 1620000 10390000 10183139 206861 2017 1 1 1 1 C 695000 5965000 5846344 118656 2018 1 0 1 1 D 936043 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 288345 10000000 9887576 112424 2019 0 0 1 1 B 219575 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 CEO, 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: PERMANENTLY RESTRICTED ACTIVITY -76,324. NET ASSET TRANSFER -105,557. CDL HOMES LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 201440841 SENIOR HOUSING MN 14757510 46300453 ECUMEN LAKEVIEW COMMONS SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 204437549 SENIOR HOUSING MN 5324272 11442853 ECUMEN OWATONNA SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 204076550 SENIOR HOUSING MN 2085950 6196928 ECUMEN EVERCARE SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 202864571 SENIOR HOUSING MN 11218353 22695052 ECUMEN THE PINES OF HUTCHINSON LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 203063914 SENIOR HOUSING MN 1730114 6563423 ECUMEN THE MEADOWS OF WORTHINGTON LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 452429128 SENIOR HOUSING MN 4658591 15528149 ECUMEN NORTH BRANCH SENIOR LIVING LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 203113972 SENIOR HOUSING MN 8759051 12604563 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 7319631 18873520 ECUMEN REGENT AT APPLE VALLEY LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 262374517 SENIOR HOUSING MN 7003336 18291840 ECUMEN CREST AT LAKESHORE LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 274202514 SENIOR HOUSING MN 3478370 14109099 ECUMEN ECUMEN MILL CITY QUARTER LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 472577550 SENIOR HOUSING MN 4533837 42457702 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 8759051 12604563 ECUMEN LAKESHORE INC 3531 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 810606178 SENIOR HOUSING MN 12432549 35967084 ECUMEN MANAKATO LUTHERAN HOMES INC 3532 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411858069 SENIOR HOUSING MN 3478370 51435513 ECUMEN SECOND CENTRY HOUSING 3533 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411852311 SENIOR HOUSING MN 7946310 16018740 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 96888 138367 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 -3635519 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 ST ANTHONY PARK 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 812653378 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 ECUMEN 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410711588 ECUM ECUMEN HOME CARE INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411586029 ECUM MANKATO LUTHERAN HOME 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411858069 MANK SECOND CENTURY HOUSING 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411852311 SECO LAKESHORE INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 810606178 LAKE ECUMEN PROPERTIES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411905567 ECUM MAPLEWOOD SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 161655687 MAPL ECUMEN FOUNDATION 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411606713 ECUM BETHANY HOME FOUNDATION OF ALEXANDRIA 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411451489 BETH EMMANUEL FOUNDATION 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411460344 EMMA