2021-05-11T15:52:17-05:00 2020-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2019-07-01 621691489 Governmental and Educational Assistance Corporation GOVE 9528370545 7100 Northland Circle N No 200 Brooklyn Park MN 55428 James E Bettendorf Chief Executive Officer 9528370545 2021-04-27 1 Deb Nelson CPA P01264758 6122536500 2021-04-27 2019 2022-09-23 18:48:47Z Vista Prairie Communities James E Bettendorf 7100 Northland Circle N No 200 Brooklyn Park MN 55428 28939725 0 X www.vistaprairie.org X 1997 AR Independent and assisted living and memory care services to elderly at varying abilities to pay. 7 7 909 130 0 0 0 37204 28784481 28861053 27255 41468 5157643 0 33969379 28939725 0 0 0 0 14530403 15197000 0 0 0 12874438 13543028 27404841 28740028 6564538 199697 57162100 59175249 60001744 61902006 -2839644 -2726757 X Vista Prairie Communities is dedicated to serve those who entrust us with their lives, health, and well-being. We transform lives by providing compassionate care and joy-filled environments in the communities we serve. 0 0 23157276 28861053 Vista Prairie Communities (VPC) served 864 residents and employed a staff of 463 during the year. The organization has developed and maintained single asset, limited liability companies (LLC's) that currently own eight facilities, providing services for low-income residents, senior assisted living, independent living, and memory care housing. VPC's locations are in three states: Minnesota, Iowa, and Ohio. A ninth LLC, Vista Prairie Management, is the operating entity overseeing all the other single asset LLC operations.(Continued on Schedule O)VPC was incorporated in 1997 as a nonprofit organization for charitable purposes under its original name Governmental & Educational Assistance Corporation. During the year, we provided $3.7 million in charitable support to qualifying residents in various public assistance programs. VPC is dedicated to the highest possible quality, striving to provide innovative and relevant services through collaborative partnerships; making a significant difference in the lives of those we serve and their loved ones. For more information, visit www.vistaprairie.org. The Vision of Vista Prairie Communities is to continually evolve to enrich the lives of those we are called to serve and to meet the growing needs of the greater community. To accomplish our mission and vision, we have organized as eight limited liability corporations serving older adults.Fieldcrest-GEAC, LLC, operates an 81-unit assisted living senior housing facility offering assisted living and memory care and located in Sheldon, Iowa. Garnette Gardens-GEAC, LLC, operates an 86-unit senior living housing facility offering assisted living and memory care located in Redwood Falls, Minnesota. Goldfinch Estates-GEAC, LLC, operates a 134-unit senior housing facility that includes assisted living and a memory care facility in Fairmont, Minnesota. Monarch Meadows-GEAC, LLC, operates a 98-unit senior housing facility providing assisted living and care suites located in North Mankato, Minnesota. Copperleaf-GEAC, LLC, operates an 82-unit senior living facility offering assisted living and memory care in Willmar, Minnesota. Windmill Ponds-GEAC, LLC, operates a 65-unit assisted living facility located in Alexandria, Minnesota. River Heights Assisted Living, LLC, operates a 60-unit assisted living and memory care facility in South Saint Paul, Minnesota. Emerald Village-GEAC, LLC, operates a 100-unit independent senior living and 30-unit assisted living campus located in North Olmsted, Ohio.In February 2020, a month before the Coronavirus pandemic hit Minnesota, Leading Age, the state's most prominent professional organization for senior living, presented all six Vista Prairie Communities in Minnesota with its Award of Merit for Performance Excellence. The award confirmed Vista Prairie's achievement of its strategic priority -- to create an exceptional lifestyle for residents. The performance excellence program focuses on seven areas of achievement and improvement: leadership, strategy, customers, measurement, workforce, operations, and results. The award created a new perspective for processes and systems, as well as an increased level of teamwork, needed to face the challenges ahead.Vista Prairie spent the last four months of its fiscal year navigating the first four months of the COVID-19 pandemic. The groundwork laid in previous years equipped staff to make thoughtful and timely decisions based on information available, limiting resident COVID-19 infections to one positive test throughout all sites through the year ending June 30, 2020. Following an industry wide reduction in senior living occupancy, recovery is now our number one priority, focusing on leading indicator efforts such as referral development and community connections.Amid this crisis, Vista Prairie cared for its staff, as well as its residents. Despite the longest lasting public health crisis in our lifetime, our 2020 employee satisfaction increased by three percentage points from our 2019 survey.With plans to continue program service expansion, Vista Prairie completed the due diligence and negotiation to acquire a ninth location for its network during the fiscal year ending June 30, 2020. Brentwood Senior Living in Rice Lake, Wisconsin joined Vista Prairie Communities in December 2020. 23157276 1 1 0 0 0 0 0 0 0 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 0 0 0 0 1 143 0 1 909 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X The Organization 9528370540 7100 Northland Circle N Suite 200 Brooklyn Park MN 55428 James E Bettendorf Chief Executive Officer 40.00 X 265944 0 33553 Deb SteinkeVP Finance Chief Financial Officer 40.00 X 153677 0 27528 Kim Webster Chief Operating Officer 40.00 X 151163 0 23992 Scott Hamman VP Human Resources 40.00 X 131757 0 36415 Jeff Smith VP of External Relations 40.00 X 114061 0 21434 Melissa Plachecki Organizational Dir, Health Care 40.00 X 114017 0 11305 Morris E Knopf Chair 3.00 X X 32500 0 0 Denice Jasper Vice Chair 3.00 X X 31500 0 0 Jim Ehrenberg Treasurer 3.00 X X 31500 0 0 Nancy Einan Secretary 3.00 X X 30500 0 0 Jean Bey Director 3.00 X 30500 0 0 Rose Agnew Director 3.00 X 29500 0 0 William Green Director 3.00 X 29500 0 0 1146119 0 154227 6 0 1 0 SlashBlue LLC 1200 Red Fox Road Arden Hills MN 55112 IT Service Provider 653941 St Augustine Manor 7801 Detroit Ave Cleveland OH 44102 Property Management 330920 New Horizon Foods PO Box 860246 Minneapolis MN 55486 Food Service Provider 291714 ADP LLC PO Box 842875 Boston MA 02284 Payroll Processing 146265 Eide Bailly LLP 800 Nicollet Mall Suite 1300 Minneapolis MN 55402 Accounting/Audit 132150 8 6000 31204 37204 Resident Rent & Service Income 623000 28620906 28620906 240147 240147 28861053 41468 41468 28939725 28861053 0 41468 715562 715562 11156651 9465575 1691076 24212 17184 7028 2462308 1776141 686167 838267 594941 243326 209401 209401 28295 28295 114751 114751 2716325 1953404 762921 147767 147767 728831 659842 68989 1957763 1877858 79905 67929 67929 2371468 2334003 37465 2518781 2384885 133896 341443 288778 52665 Food expense 1516125 1516125 Bad debt expense 179219 179219 644930 288540 356390 28740028 23157276 5582752 0 7181683 9679882 903892 1216943 534993 589532 78488502 34041377 45634804 44447125 2585504 2896819 321224 344948 57162100 59175249 2315312 2294805 56166351 54307428 1040248 1922169 2800770 479833 576834 60001744 61902006 X -2839644 -2726757 -2839644 -2726757 57162100 59175249 X 199697 -86810 X 0 1 X 1 0 X 37204 37204 30278693 32955423 28106448 28784481 28861053 148986098 30278693 32955423 28106448 28784481 28898257 149023302 0 0 0 149023302 37496 19900 17926 27255 41468 144045 37496 19900 17926 27255 41468 144045 30316189 32975323 28124374 28811736 28939725 149167347 0.99900 0.99900 0.00100 0.00100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1371107 1371107 69709074 27942819 41766255 6749813 5686968 1062845 658508 411590 246918 44447125 Security deposits 333591 Obligation under interest rate swap 243243 576834 X Part X, Line 2: The Organization believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Organization would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. X X 0 0 0 0 0 0 0 1 0 James E Bettendorf Chief Executive Officer 230944 0 35000 0 0 0 9318 0 24235 0 299497 0 0 0 Deb SteinkeVP Finance Chief Financial Officer 147677 0 6000 0 0 0 6233 0 21295 0 181205 0 0 0 Kim Webster Chief Operating Officer 145163 0 6000 0 0 0 5623 0 18369 0 175155 0 0 0 Scott Hamman VP Human Resources 125757 0 6000 0 0 0 5569 0 30846 0 168172 0 0 0 Part I, Line 7 The bonuses for Jim Bettendorf, Deb Steinke, Kim Webster, and Scott Hamman were discretionary based on their performance, issues faced and resolved during the prior year, and the financial situation of Vista Prairie Communities and its affiliates. In addition, an informal review was done with consultants regarding compensation issues for 501(c)(3) organizations and certain published surveys. A Dakota County Community Development Agency MN 411253302 000000000 2014-03-14 3370000 Refinance bonds issued 2/26/09 0 0 0 B City of Redwood Falls MN 416005484 000000000 2012-12-06 7805000 Refinance bonds issued 12/23/09 for senior housing project 0 0 0 C City of North Mankato MN 416005423 000000000 2014-11-12 7155000 Refinance debt issued 4/22/2005 0 0 0 D O'Brien County State of Iowa 426005134 000000000 2013-04-22 7700000 Refund bonds issued 12/22/04 & capital expenditures Fieldcrest facility 0 0 0 A 3370000 11673 3358327 2014 1 0 1 1 B 1394619 7805000 156100 7648900 2012 1 0 1 1 C 620693 7155000 143100 7011900 2014 1 0 1 1 D 1669552 7700000 32183 154000 3738253 3807747 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 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 0 1 0 0 0 1 D 0 0 0 1 1 0 0 0 1 A 1 B 1 C 1 D 1 Date Rebate Computation Performed Issuer Name: Dakota County Community Development Agency, MN Date the Rebate Computation was Performed: 02/28/2019 Issuer Name: City of Redwood Falls, MN Date the Rebate Computation was Performed: 12/06/2017 Issuer Name: O'Brien County, State of Iowa Date the Rebate Computation was Performed: 04/01/2017 A Cleveland-Cuyahoga County Port Authority OH 341029691 186103HF7 2014-11-18 14975710 Refinance of senior housing, assisted living & memory care issued 6/8/2006 0 0 0 B Housing and Redevelopment Authority of Willmar MN 363617875 000000000 2015-10-28 8647000 Refinance bonds issued 9/23/08 for senior housing project 0 0 0 C City of Fairmont Minnesota 416005147 000000000 2015-05-21 5000000 Refinance bonds issued 5/1/2012 0 0 0 D City of Sherburn Minnesota 416005541 000000000 2015-05-21 5229000 Refinance bonds issued 5/1/2012 0 0 0 A 2736099 14975710 103175 299514 14573021 2014 1 0 1 1 B 944448 8646623 172940 8473683 2015 1 0 1 1 C 483489 5000000 100000 4900000 2015 1 0 1 1 D 505684 5229000 104580 114 5124306 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 1 Huntington National Bank 0 0 0 0 1 B 0 0 0 0 1 0 0 0 1 C 0 0 0 0 1 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A Lakes Area Economic Development Authority 200299143 000000000 2014-07-17 5280000 Refund bonds issued 7/20/05 with building remodel 0 0 0 A 888808 5280000 105600 652821 4521579 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 0 0 0 1 A 1 Form 990, Part VI, Section A, line 3 Emerald Village-GEAC, LLC, entered into a management agreement with St. Augustine Manor, an Ohio nonprofit corporation, to provide management services. The amount paid during the year ended June 30, 2020 was $209,401. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The organization's CEO reviews the draft Form 990. In addition, a copy of the draft Form 990 is provided to the full board prior to filing. Form 990, Part VI, Section B, line 12c The conflict of interest policy covers the board members and officers of the organization. The President and Chair review potential conflicts. If an individual has a conflict they may participate in discussions, but must remove themselves during voting. Form 990, Part VI, Section B, line 15a Compensation for the Chief Executive Officer is determined by the Board of Directors. Compensation for the Chief Financial Officer is determined by the Chief Executive Officer. The compensation for meetings and special activities or services for the Board of Directors is determined by the Board of Directors. Comparability data, including an analysis and review of special services and activities performed by Directors and market rates for the performance of such services and activities, is used to determine board compensation as well as officer compensation and the process is documented. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Change in fair value of interest rate swap -86,810. Monarch Meadows-GEAC LLC 2135 Lor Ray Drive North Mankato MN 56003 411970657 assisted living MN 3643591 5768228 Vista Prairie Communities Fieldcrest-GEAC LLC 2501 E 6th Street Sheldon IA 51201 421519910 assisted living MN 3445733 7336179 Vista Prairie Communities Garnette Gardens-GEAC LLC 511 South Dekald Street Redwood Falls MN 56283 411980868 assisted living MN 3791849 5815768 Vista Prairie Communities St Clarence-GEAC LLC 30344 Lorain Road North Olmsted OH 44070 202586088 assisted living OH 4228921 11597838 Vista Prairie Communities Windmill Ponds-GEAC LLC 715 Victor Street Alexandria MN 56308 411964961 assisted living MN 2132463 4221006 Vista Prairie Communities Goldfinch Estates-GEAC LLC 850 Goldfinch Street Fairmont MN 56031 412020934 assisted living MN 5354505 11394460 Vista Prairie Communities River Heights Assisted Living 744 19th Ave South St Paul MN 55075 411922184 assisted living MN 2274333 3147734 Vista Prairie Communities Copperleaf-GEAC LLC 1550 1st Street North Willmar MN 56201 412013671 assisted living MN 4021483 7570202 Vista Prairie Communities Vista Prairie Management LLC 7900 Excelsior Boulevard Suite 250 Hopkins MN 55343 451206462 Management Company MN 1603027 0 Vista Prairie Communities