2021-02-23T16:15:25-06:00 2020-06-30 621518664 SCOTT & POHLMAN PC 5100 POPLAR AVENUE SUITE 617 MEMPHIS TN 381370601 990 2019-07-01 620561701 AVE MARIA HOME INC AVEM 9013863211 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 JOHN L SCHIFANI TREASURER 9013863211 2021-02-23 true SANDY J FRIEDMAN P00178621 9017614692 2021-02-23 2019 2022-09-23 18:48:47Z FRANK J GATTUSO JR 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 16586523 false X WWW.AVEMARIAHOME.ORG X 1955 TN TO ASSIST THE AGED, SICK, AND DESTITUTE THROUGH: IMPROVING THE MORAL, SOCIAL, AND SPIRITUAL CONDITIONS OF ITS BENEFICIARIES; CONTINUING THE STEWARDSHIP OF HUMAN, PHYSICAL, AND FINANCIAL RESOURCES IN CONJUNCTION WITH THE CATHOLIC COMMUNITY; FACILITATING VISITATION BY FAMILY, FRIENDS, AND MEMBERS OF THE COMMUNITY; AND PROVIDING A COMMITMENT TO LONG-TERM AND REHABILITATIVE CARE. 16 16 386 864 0 4050 1339 16434643 16579684 -111588 0 16438693 16469435 21911 0 0 10612856 10292235 0 0 6561919 6792085 17196686 17084320 -757993 -614885 24929534 25994575 19669850 21492883 5259684 4501692 X TO ASSIST THE AGED, SICK, AND DESTITUTE THROUGH: IMPROVING THE MORAL, SOCIAL, AND SPIRITUAL CONDITIONS OF ITS BENEFICIARIES; CONTINUING THE STEWARDSHIP OF HUMAN, PHYSICAL, AND FINANCIAL RESOURCES IN CONJUNCTION WITH THE CATHOLIC COMMUNITY; FACILITATING VISITATION BY FAMILY, FRIENDS, AND MEMBERS OF THE COMMUNITY; AND PROVIDING A COMMITMENT TO LONG-TERM AND REHABILITATIVE CARE. false false 12004217 13039459 NURSING HOME - PROVIDE TWENTY-FOUR HOUR INTERMEDIATE NURSING CARE FOR LEVEL ONE RESIDENTS. 2769783 2983859 ASSISTED LIVING - PROVIDE TWENTY-FOUR HOUR LIMITED CARE BASED ON THE RESIDENT'S NEED FOR ASSISTANCE. 269864 174701 ADULT DAY SERVICES - PROVIDE ASSISTANCE, SUPERVISION AND SOCIALIZATION FOR THE DAY RESIDENT IN AN ENVIRONMENT THAT FOSTERS DIGNITY AND RESPECT, ALLOWING THE CAREGIVER TO WORK OUTSIDE THE HOME OR OTHERWISE RECEIVE NEEDED SUPPORT. 29296 381665 ADULT DAY CARE - OPERATION OF A SOCIAL MODEL TO PROVIDE STRUCTURED SOCIALIZATION FOR THE FRAIL AND ELDERLY. ALZHEIMERS/DEMENTIA CARE - PROGRAM IS DESIGNED TO PROMOTE FAMILIAR SCHEDULES AND SURROUNDINGS WHILE PROVIDING PERSONAL ASSISTANCE WITH DAILY ACTIVITIES. HOME AND COMMUNITY BASED SERVICES - PROVIDE SERVICES TO ADULTS AGE 60 AND OVER AND TO ADULTS WITH PHYSICAL DISABILITIES, BOTH OF WHOM ARE AT RISK OF ENTERING LONG-TERM CARE FACILITIES, THE OPTION OF RECEIVING CARE SERVICES IN THEIR HOME. 29296 381665 15073160 true false false false false false false false false false true false false false true false true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true true false false false true 58 0 386 true false false false false false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true false false true true false false TN X FRANK J GATTUSO JR 9013863211 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 ANNA VESCOVO PRESIDENT 1.00 X X 0 0 0 MICHAEL ROBILIO VICE PRESIDE 1.00 X X 0 0 0 MARY WEBB SECRETARY 1.00 X X 0 0 0 JOHN L SCHIFANI TREASURER 1.00 X X 0 0 0 LIBBY BURING DIRECTOR 1.00 X 0 0 0 FORD CANALE DIRECTOR 1.00 X 0 0 0 MARY CHANDLER DIRECTOR 1.00 X 0 0 0 DAVID DAHLER DIRECTOR 1.00 X 0 0 0 D MICHAEL EDELMUTH DIRECTOR 1.00 X 0 0 0 DONNA L GRIMM WINGS PRESID 1.00 X 0 0 0 SKEET HAAG DIRECTOR 1.00 X 0 0 0 DANNY JOHNSON DIRECTOR 1.00 X 0 0 0 KAY JOHNSON DIRECTOR 1.00 X 0 0 0 STACY JOHNSON DIRECTOR 1.00 X 0 0 0 MARTHA PODESTA DIRECTOR 1.00 X 0 0 0 FANNIE SHELTON DIRECTOR 1.00 X 0 0 0 ANN WILSON DIRECTOR 1.00 X 0 0 0 FRANK J GATTUSO JR EXECUTIVE DI 12.00 28.00 X 39685 93837 0 39685 93837 false false false REHABCARE 680 SOUTH FOURTH STREET LOUISVILLE KY 40202 CONTRACT THERAP 996372 GUARDIAN MIDSOUTH PHARMACY 3110 STAGE POST DRIVE BARTLETT TN 38135 CONTRACT PHARMA 404234 2 1339 1339 BOARD AND CARE 13039459 13039459 ASSISTED LIVING RENTS 2983859 2983859 ADULT DAY CARE FEES 174701 174701 SUPPLIES 165033 165033 OTHER INCOME 152679 152679 63953 63953 16579684 5500 117088 -111588 -111588 -111588 16469435 16468096 39685 36510 3175 9126159 8404682 721477 427698 424561 3137 698693 640800 57893 88010 88010 22750 22750 1609216 1609216 38871 6178 32693 138148 55693 82455 818336 818336 12193 12193 381866 381866 1047128 1047128 445244 445244 FOOD 567085 567085 LICENSES & DUES 549643 549643 SUPPLIES 267734 243212 24522 MEDICAL SUPPLIES 255904 255904 549957 124552 425405 17084320 15073160 2011160 0 537604 2701577 1272818 888084 32828 112575 33562670 11275331 23079551 22287339 6733 5000 24929534 25994575 626705 372120 765997 13146200 12663411 1995100 140000 20000 5756945 5676255 19669850 21492883 X 5259684 4501692 5259684 4501692 24929534 25994575 X -614885 -143107 X false true X true X 131114 155233 110601 4050 1339 402337 13178851 14209628 14848628 16434643 16579684 75251434 13309965 14364861 14959229 16438693 16581023 75653771 75653771 72264 14980 87244 72264 14980 87244 13382229 14379841 14959229 16438693 16581023 75741015 0.99880 0.99760 0.00000 0.00000 X 922007 922007 28404589 9285162 19119427 4236074 1990169 2245905 22287339 DUE TO FOUNDATION 5111479 ACCRUED PAYROLL & TAXES 540772 OBLIGATION UNDER INTEREST RATE SWAP 152138 PATIENT TRUST FUND LIABILITY 20340 ASSISTED LIVING DEPOSIT LIABILITY 11000 ACCRUED EXPENSES 8687 UNAMORTIZED DISCOUNT DEBT ISSUANCE -168161 5676255 16437916 16437916 31519 31519 16469435 17195908 17195908 -111588 -111588 17084320 SCHEDULE D, PAGE 4, PART XI, LINE 4B CHANGE IN VALUE OF SWAP AGREEMENT 143,107 LOSS ON SALE OF FIXED ASSETS -111,588 SCHEDULE D, PAGE 4, PART XII, LINE 4B LOSS ON SALE OF FIXED ASSETS -111,588 A SHELBY COUNTY TENNESSEE PINNACLE BANK 621826162 2016-06-23 6879500 THE BONDS REFINANCED THE PRIOR REVENUE REFUNDING AND IMPROVEMENT BONDS WHICH WERE ISSUED 8/11/2010 I false false false B SHELBY COUNTY TENNESSEE PINNACLE BANK 621826162 2016-06-23 7120500 THE PROCEEDS FROM THE SALE OF THE SERIES 2016B BONDS FINANCED THE CONSTRUCTION OF FIVE 12-BED COTTAG false false false A 6879500 6879500 2016 true false true true B 7120500 7120500 2018 false false true true A false false false false false false false B false false false false false false false A false false false false false false false false false B false false false false false false false false false A false B false PURPOSE OF ISSUE DESCRIPTION SHELBY COUNTY TENNESSEE THE BONDS REFINANCED THE PRIOR REVENUE REFUNDING AND IMPROVEMENT BONDS WHICH WERE ISSUED 8/11/2010 IN THE AMOUNT OF 9,400,000. PURPOSE OF ISSUE DESCRIPTION SHELBY COUNTY TENNESSEE THE PROCEEDS FROM THE SALE OF THE SERIES 2016B BONDS FINANCED THE CONSTRUCTION OF FIVE 12-BED COTTAGES FOR THE PROVISION OF SKILLED NURSING CARE, TO BE LOCATED ON THE CAMPUS OF AVE MARIA HOME IN BARTLETT, TENNESSEE. FORM 990 - ORGANIZATION'S MISSION TO ASSIST THE AGED, SICK, AND DESTITUTE THROUGH: IMPROVING THE MORAL, SOCIAL, AND SPIRITUAL CONDITIONS OF ITS BENEFICIARIES; CONTINUING THE STEWARDSHIP OF HUMAN, PHYSICAL, AND FINANCIAL RESOURCES IN CONJUNCTION WITH THE CATHOLIC COMMUNITY; FACILITATING VISITATION BY FAMILY, FRIENDS, AND MEMBERS OF THE COMMUNITY; AND PROVIDING A COMMITMENT TO LONG-TERM AND REHABILITATIVE CARE. FORM 990 SCHEDULE K, PART II - THE ISSUER ISSUED ITS 6,879,500 REVENUE REFUNDING BONDS DATED JUNE 23, 2016 TO REFINANCE PRIOR BONDS ORIGINALLY ISSUED IN THE AMOUNT OF 9,400,000. FORM 990, PAGE 2, PART III, LINE 4D ADULT DAY CARE - OPERATION OF A SOCIAL MODEL TO PROVIDE STRUCTURED SOCIALIZATION FOR THE FRAIL AND ELDERLY. ALZHEIMERS/DEMENTIA CARE - PROGRAM IS DESIGNED TO PROMOTE FAMILIAR SCHEDULES AND SURROUNDINGS WHILE PROVIDING PERSONAL ASSISTANCE WITH DAILY ACTIVITIES. HOME AND COMMUNITY BASED SERVICES - PROVIDE SERVICES TO ADULTS AGE 60 AND OVER AND TO ADULTS WITH PHYSICAL DISABILITIES, BOTH OF WHOM ARE AT RISK OF ENTERING LONG-TERM CARE FACILITIES, THE OPTION OF RECEIVING CARE SERVICES IN THEIR HOME. FORM 990, PAGE 6, PART VI, LINE 11B AFTER THE FORM 990 IS PREPARED, THE BOARD MEMBERS RESPONSIBLE FOR TAX FILINGS REVIEW THE RETURN FOR ACCURACY AND COMPLETENESS. IF THE RETURN IS SATISFACTORY, IT IS SIGNED AND FILED BY THE BOARD TREASURER. FORM 990, PAGE 6, PART VI, LINE 15A THE GOVERNING BOARD REVIEWS THE COMPENSATION OF THE EXECUTIVE DIRECTOR ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST TO THE BOARD OF DIRECTORS AND THEIR APPROVAL. FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SWAP AGREEMENT -143,107 ST CLARE HEALTH & REHABILITATION 1755 ELDRIDGE AVENUE MEMPHIS TN 38108 811621997 CENTER TN 1936938 1443456 N/A AVE MARIA FOUNDATION OF MEMPHISINC 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 621826162 FUNDING TN 501C3 7 N/A false false false false false false false false false false false false false false true true false false false false AVE MARIA FOUNDATION OF MEMPHIS INC O 232654 CASH