2021-02-24T10:11:13-06:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 1 BRONZE POINTE BELLEVILLE IL 62226 990 2019-07-01 731571795 MONTEREAU INC MONT 9184915200 6800 S GRANITE AVENUE TULSA OK 74136 ANGELA COZORT CEO 9184915200 2021-02-23 1 JEFF PARKER P00970069 6182331200 2021-02-23 2019 2022-09-23 18:48:47Z ANGELA COZORT 6800 S GRANITE AVENUE TULSA OK 74136 43698795 0 X WWW.MONTEREAU.NET X 1999 OK CONTINUING CARE RETIREMENT COMMUNITY IN TULSA, OK. 11 11 575 151 14444 10870 520036 403171 34167513 35922825 -51082 1966211 690013 713197 35326480 39005404 41088 51577 0 0 15771614 16729811 0 0 0 22296629 22526074 38109331 39307462 -2782851 -302058 181761962 185627750 261651703 267064178 -79889741 -81436428 X TO VALUE, SUPPORT AND UPLIFT THE LIVES OF OLDER ADULTS AND THE PEOPLE WHO CARE FOR THEM. 0 0 30913115 0 33148253 RESIDENTIAL INDEPENDENT LIVING FOR OLDER ADULTS - MONTEREAU PROVIDES RESIDENTIAL INDEPENDENT LIVING ACCOMODATIONS AND SUPPORTIVE SERVICES TO INVIDIDUALS AGE 55 AND OVER, THOUGH THE AVERAGE AGE OF NEW RESIDENTS IS 81. THE AVERAGE AGE OF ALL RESIDENTS IS 84. A TYPICAL RESIDENT ENTERING INDEPENDENT LIVING WILL RESIDE AT MONTEREAU FOR APPROXIMATELY 10 YEARS. RESIDENTS PAY AN ENTRANCE FEE UPON MOVING IN AND A MONTHLY SERVICE FEE WHILE THEY RESIDE AT MONTEREAU. ONCE MONTEREAU ACCEPTS A RESIDENT IN INDEPENDENT LIVING UNDER A CONTINUING CARE RESIDENCY AGREEMENT, MONTEREAU IS CONTRACTUALLY OBLIGATED TO PROVIDE INDEPENDENT LIVING AND HEALTH CARE SERVICES (GENERALLY EXCLUDING PRIMARY CARE, HOSPITAL CARE, PHARMACEUTICALS AND CERTAIN OTHER SUPPLIES) FOR THE REST OF THE RESIDENT'S LIFE REGARDLESS OF THE RESIDENT'S ABILITY TO PAY. MONTEREAU PROVIDES A FULL RANGE OF DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, CULTURAL DEVELOPMENT, SPIRITUAL LIFE, PHYSICAL FITNESS OPTIONS, TRANSPORTATION AND SIMILAR SERVICES TO ITS RESIDENTS, GENERALLY WITHOUT ANY ADDITIONAL FEES. MONTEREAU HAS 328 INDEPENDENT LIVING RESIDENCES AND CURRENTLY SERVES APPROXIMATELY 420 INDIVIDUALS IN INDEPENDENT LIVING.ASSISTED LIVING - MONTEREAU PROVIDES ASSISTED LIVING ACCOMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INVIDIDUALS THAT ARE ADMITTED DIRECTLY TO ASSISTED LIVING. THE ASSISTED LIVING FACILITIES INCLUDE A DINING AREA, PRIVATE DINING OPPORTUNITIES, A SERVERY, LIVING AREAS AND A COMMUNITY ROOM USED FOR ACTIVITIES. RESIDENTS IN ASSISTED LIVING ARE NOT CAPABLE OF LIVING ON THEIR OWN, AND THEY RECEIVE 24-HOUR LICENSED NURSING CARE, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, IN ADDITION TO DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, CULTURAL DEVELOPMENT, SPIRITUAL LIFE, PHYSICAL FITNESS OPTIONS, TRANSPORTION AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING. THE GOAL OF MONTEREAU'S ASSISTED LIVING PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY AGING AND ILLNESS. MONTEREAU HAS 44 ASSISTED LIVING UNITS THAT GENERALLY ARE APPROXIMATELY 100% OCCUPIED.MEMORY SUPPORT - MONTEREAU PROVIDES ACCOMODATIONS AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT SUFFER FROM ALZHEIMER'S DISEASE AND SIMILAR COGNITIVE IMPAIRMENTS AND ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INDIVIDUALS THAT ARE ADMITTED DIRECTLY TO MEMORY SUPPORT. THE MEMORY SUPPORT FACILITIES INCLUDE A DINING AREA AND COMMUNITY ROOM, A SERVERY AND LIVING AREAS. RESIDENTS IN MEMORY SUPPORT ARE NOT CAPABLE OF LIVING ON THEIR OWN DUE TO COGNITIVE IMPAIRMENTS THAT MAY EXIST ALONGSIDE A NEED FOR ASSISTANCE. RESIDENTS RECEIVE 24-HOUR LICENSED NURSING CARE, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING AND PROGRAMS SPECIFIC TO THEIR COGNITIVE IMPAIRMENT, AS WELL AS DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, ACTIVITIES, SPIRITUAL LIFE AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING WITH ALLOWANCES FOR THEIR COGNITIVE AND PHYSICAL HEALTH. THE GOAL OF MONTEREAU'S MEMORY SUPPORT PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY THEIR COGNITIVE IMPAIRMENT, AGING AND ILLNESS. MONTEREAU HAS 29 ASSISTED LIVING UNITS THAT GENERALLY ARE APPROXIMATELY 88% OCCUPIED.SKILLED NURSING - MONTEREAU PROVIDES ACCOMODATIONS, NURSING CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS THAT REQUIRE 24-HOUR NURSING CARE AND ENTER THE COMMUNITY THROUGH INDEPENDENT LIVING, AS WELL AS TO INVIDIDUALS THAT ARE ADMITTED DIRECTLY TO SKILLED NURSING. MONTEREAU SKILLED NURSING STAFFING IS HIGH IN COMPARISON TO SIMILAR FACILITIES ON A PER RESIDENT DAY BASIS, AND THE SKILLED NURSING UNIT IS AMONG A SELECT NUMBER OF SIMILAR FACILITIES THAT HAS EXPERIENCED TWO CONSECUTIVE YEARS OF DEFICIENCY FREE SURVEYS. THE SKILLED NURING FACILITIES INCLUDE DINING AREAS, COMMUNITY ROOMS, A SERVERY AND LIVING AREAS. RESIDENTS ARE PROVIDED WITH 24-HOUR LICENSED NURSING, DINING OPTIONS, SOCIAL SERVICES, ENTERTAINMENT, ACTIVITIES, SPIRITUAL LIFE AND OTHER SERVICES SIMILAR TO RESIDENTS IN INDEPENDENT LIVING WITH ALLOWANCES FOR THEIR COGNITIVE AND PHYSICAL HEALTH. THE GOAL OF MONTEREAU'S SKILLED NURSING PROGRAM IS TO ENABLE OLDER ADULTS TO MAINTAIN THEIR MAXIMUM POSSIBLE INDEPENDENCE GIVEN THE LIMITATIONS BROUGHT BY THEIR COGNITIVE IMPAIRMENT, AGING AND ILLNESS. MONTEREAU HAS 74 SKILLED NURSING BEDS THAT GENERALLY ARE APPROXIMATELY 96% OCCUPIED. 2042672 0 2774572 YOU'RE FIRST - MONTEREAU PROVIDES COMPANION CARE FOR RESIDENTS IN INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT AND SKILLED NURSING FOR AN ADDITIONAL FEE. THE PURPOSE OF THIS PROGRAM IS TO PROVIDE SOCIALIZATION AND MAXIMIZE INDEPENDENCE FOR INDIVIDUALS AS THEY BECOME ISOLATED OR UNABLE TO ACCOMPLISH CERTAIN DOMESTIC TASKS SUCH AS HOUSEKEEPING AND PET CARE DUE TO INFIRMITY. 0 51577 0 SOCIAL ACCOUNTABILITY - TOTAL CONTRIBUTIONS (CASH AND MEAL DONATIONS) TO VARIOUS ORGANIZATIONS $51,577. TOTAL IN-KIND CONTRIBUTIONS TO THE RESONANCE CENTER FOR WOMEN $300. TOTAL VALUE OF FACILITY USE PROVIDED $3,891. TOTAL EMPLOYEE VOLUNTEER HOURS 14 FOR A TOTAL VALUE OF $301. TOTAL STUDENT OR INTERN SUPERVISION HOURS PROVIDED 63 FOR A VALUE OF $1,355. 32955787 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 105 0 575 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANGELA COZORT 9184915269 6800 S GRANITE AVENUE TULSA OK 74136 JOHN KELLY WARREN CHAIRMAN OF THE BOARD 0.60 X X 0 0 0 JAKE HENRY JR DIRECTOR 0.20 X 0 0 0 MARGE GABERINO DIRECTOR (TERM ENDED NOVEMBER 2019) 0.20 X 0 0 0 JEFF FRABLE DIRECTOR 0.30 X 0 0 0 GARY RICHETTO DIRECTOR 0.20 X 0 0 0 DR BART RIDER DIRECTOR 0.20 X 0 0 0 ANN LAGERE DIRECTOR (TERM ENDED NOVEMBER 2019) 0.20 X 0 0 0 THOMAS E COOPER VICE PRESIDENT 0.60 X X 0 0 0 JEFF COPE DIRECTOR 0.20 X 0 0 0 DAVID MURLETTE PRESIDENT/CEO (LEFT OCTOBER 2019) 40.00 X X 399933 0 32308 JOHN PIXLEY DIRECTOR 0.20 X 0 0 0 CATHEY BARKLEY DIRECTOR 0.20 X 0 0 0 GORDON GREER DIRECTOR 0.20 X 0 0 0 STEVE BROUSSARD DIRECTOR 0.20 X 0 0 0 ANGELA COZORT PRESIDENT/CEO 40.00 X 250803 0 24145 TAMMY BROWN COO HEALTH SERVICES 40.00 X 171863 0 16811 JAMIE MICHELLE TOWNSEND DIRECTOR OF MARKETING 40.00 X 122739 0 14948 BOBBY BLOSE VICE PRESIDENT OF OPERATIONS 40.00 X 150477 0 25636 JESSICA BOLEN ASSISTANT ADMINISTRATOR 40.00 X 114610 0 20574 RAMI HASBINI DIRECTOR OF FOOD & BEVERAGE (LEFT DEC 2019) 40.00 X 105004 0 4938 LAURA HAWKINS DIRECTOR OF HUMAN RESOURCES 40.00 X 108024 0 20245 1423453 0 159605 9 0 1 0 FLINTCO LLC 1624 WEST 21ST STREET TULSA OK 74107 CONSTRUCTION 4743488 REHABCARE GROUP PO BOX 503534 ST LOUIS MO 63150 PHYSICAL THERAPY REHAB 903546 RICKYS PAINTING COMPANY 7128 E EASTON PLACE TULSA OK 74115 PAINTER 314733 FIVE19 CREATIVE LLC 2201 WEST BROAD ST STE 205 RICHMOND VA 23220 MARKETING 194497 BOOMER SOLUTIONS OF TULSA PO BOX 95432 GRAPEVINE TX 76099 PHARMACY 192435 14 88105 315066 403171 RESIDENT FEES 623000 28051957 28051957 ENTRANCE FEES 623000 3061930 3061930 YOU'RE FIRST 623000 2774572 2774572 MEDICARE REVENUE 623000 2034366 2034366 35922825 1810161 1810161 147250 147250 26450 12006 14444 14444 14444 4665865 4657065 8800 8800 8800 17990 88105 24320 -6330 -6330 BEAUTY AND BARBER 623000 335933 335933 MISC INCOME 623000 117695 117695 MEAL REVENUE 623000 94303 94303 157152 157152 705083 39005404 35922825 14444 2664964 51577 51577 822269 822269 12692684 12151481 541203 433822 385676 48146 1763526 1467925 295601 1017510 903031 114479 52942 52942 78840 78840 55959 49749 6210 1619097 1369888 249209 1082630 29617 1053013 2100463 1835728 264735 558964 94615 464349 1621561 1159856 461705 130195 104583 25612 191380 185122 6258 5517331 4909047 608284 6136615 5460056 676559 512185 186917 325268 UBIT TAXES 4420 4420 FOOD EXPENSE 1362991 1211724 151267 REPAIRS & MAINT 832771 740665 92106 ANCILLARY EXPENSE 350230 350230 317500 308300 9200 39307462 32955787 6351675 0 2932168 6662044 8686885 8450440 57000 57000 2271737 2293292 43588 12960 323779 286047 196508741 71755305 124644287 124753436 42277885 42990653 121878 121878 402755 181761962 185627750 6705208 7165282 16464895 18309910 108623860 108324098 9729741 10690555 120127999 122574333 261651703 267064178 X -82311833 -83938819 2422092 2502391 -79889741 -81436428 181761962 185627750 -302058 -841874 -402755 0 X X 0 1 X 1 0 X 151946 435134 320030 520036 403171 1830317 30340460 31896597 32537490 34167513 35922825 164864885 281 281 30492406 32331731 32857801 34687549 36325996 166695483 0 0 0 166695483 1790448 1850985 2340959 2375323 1957411 10315126 14729 14445 29174 1790448 1850985 2340959 2390052 1971856 10344300 1138735 651740 830214 674150 723073 4017912 33421589 34834456 36028974 37751751 39020925 181057695 0.92070 0.92150 0.05710 0.05650 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 55,559. 2016 AMOUNT: $ 89,905. 2017 AMOUNT: $ 90,695. 2018 AMOUNT: $ 100,359. 2019 AMOUNT: $ 247,735. MEALS - 2015 AMOUNT: $ 330,291. 2016 AMOUNT: $ 120,051. 2017 AMOUNT: $ 330,069. 2018 AMOUNT: $ 199,509. 2019 AMOUNT: $ 112,293. BEAUTY AND BARBER - 2015 AMOUNT: $ 346,074. 2016 AMOUNT: $ 407,835. 2017 AMOUNT: $ 380,670. 2018 AMOUNT: $ 335,432. 2019 AMOUNT: $ 335,933. TRANSPORTATION - 2015 AMOUNT: $ 7,172. 2016 AMOUNT: $ 8,030. 2017 AMOUNT: $ 6,428. 2018 AMOUNT: $ 6,711. 2019 AMOUNT: $ 3,399. ACTIVITY REVENUE - 2015 AMOUNT: $ 5,794. 2016 AMOUNT: $ 326. 2018 AMOUNT: $ 20. MAINTENANCE/HOUSEKEEPING FEES - 2015 AMOUNT: $ 26,231. 2016 AMOUNT: $ 25,593. 2017 AMOUNT: $ 22,352. 2018 AMOUNT: $ 32,119. 2019 AMOUNT: $ 23,713. INSURANCE REIMBURSEMENT - 2015 AMOUNT: $ 367,614. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 141954397 46434869 95519528 17413279 5105002 12308277 21657950 20215434 1442516 15483115 15483115 124753436 DEPOSITS ON UNOCCUPIED UNITS AND PARKING SPACES 3052870 REFUNDABLE ENTRANCE FEES 119521463 122574333 X 38175535 -841874 12005 -829869 39005404 0 39005404 39319467 12005 12005 39307462 0 39307462 PART X, LINE 2: THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAX EXCEPT FOR THOSE THAT ARE ALREADY REPORTED ANNUALLY. PART XI, LINE 2D - OTHER ADJUSTMENTS: ALLOCATED RENTAL EXPENSES 12,005. PART XII, LINE 2D - OTHER ADJUSTMENTS: ALLOCATED RENTAL EXPENSES 12,005. SWING TO END ALZHEIMERS 106095 88105 17990 300 10729 4570 8721 106095 88105 17990 300 10729 4570 8721 24320 -6330 1 ALZHEIMER'S ASSOCIATION 6465 S YALE AVE TULSA OK 74136 731183372 501(C)(3) 32500 ALZHEIMER'S RESEARCH LIFE SENIOR SERVICES 5330 EAST 31ST STREET STE 800 TULSA OK 74135 731043783 501(C)(3) 10000 SENIOR LIVING 2 PART I, LINE 2: MONTEREAU MAKES CHARITABLE CONTRIBUTIONS TO LOCAL CHARITIES THAT ROUTINELY PUBLISH FINANCIAL AND OPERATING INFORMATION. X X X X X 1 0 0 0 0 0 0 0 0 DAVID MURLETTE PRESIDENT/CEO (LEFT OCTOBER 2019) 338693 0 61240 0 0 0 13151 0 19157 0 432241 0 0 0 ANGELA COZORT PRESIDENT/CEO 210003 0 40800 0 0 0 10597 0 13548 0 274948 0 0 0 TAMMY BROWN COO HEALTH SERVICES 143263 0 28600 0 0 0 7988 0 8823 0 188674 0 0 0 BOBBY BLOSE VICE PRESIDENT OF OPERATIONS 130842 0 19635 0 0 0 3384 0 22252 0 176113 0 0 0 PART I, LINE 4A RAMI HASBINI - $50,000 SEVERANCE PACKAGE A TULSA COUNTY INDUSTRIAL AUTHORITY 521526494 899530AG4 2017-04-25 111224754 REFUND 2010A BONDS ISSUED 3/25/10 & FUND DEBT SERVICE RESERVE OF 2017 BONDS 0 0 0 A 335000 111982216 9051370 2147170 99925895 2017 0 1 1 1 A 0 1 0 0 0.00070 0.00080 0.00150 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K PART I COLUMN E & PART II LINE 3 PART II LINE 3 TOTAL PROCEEDS OF ISSUE INCLUDES INVESTMENT EARNINGS. FORM 990, PART VI, SECTION A, LINE 2 TOM COOPER HAS A BUSINESS RELATIONSHIP WITH JOHN KELLY WARREN AND JAKE HENRY HAS A BUSINESS RELATIONSHIP WITH JOHN KELLY WARREN. FORM 990, PART VI, SECTION A, LINE 6 THREE BOARD MEMBERS ARE MEMBERS OF THE CORPORATION AND RESPONSIBLE FOR ELECTING BOARD MEMBERS AND MEMBERS OF THE CORPORATION. THERE ARE NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7A THREE BOARD MEMBERS ARE MEMBERS OF THE CORPORATION AND RESPONSIBLE FOR ELECTING BOARD MEMBERS AND MEMBERS OF THE CORPORATION. THERE ARE NO STOCKHOLDERS. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS OF THE EXECUTIVE AND FINANCE COMMITTEE ARE REPORTED REGULARLY TO THE FULL BOARD OF DIRECTORS AT ITS NEXT MEETING. THE EXECUTIVE COMMITTEE ALSO SERVES AS THE AUDIT COMMITTEE. MEMBERS MUST APPROVE CERTAIN LARGE DISPOSITIONS OF ASSETS AND CHANGES IN CORPORATE STATUS. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO, ACCOUNTING DIRECTOR AND EACH BOARD MEMBER WERE PROVIDED A COPY OF THE FORM 990 FOR THEIR REVIEW, COMMENT AND CORRECTION PRIOR TO ITS FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND MANAGEMENT RELY ON SELF-REPORTING OF CONFLICTS OF INTEREST. THE CONFLICT OF INTEREST POLICY IS REVIEWED, DISCUSSED AND SIGNED BY EACH BOARD MEMBER AT LEAST ANNUALLY AT A MEETING OF THE BOARD AND AT A MEETING OF SENIOR MANAGEMENT, WHICH INCLUDES THE CEO, CFO, DIRECTOR OF HR AND HEALTH CENTERS ADMINISTRATOR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE HAS BEEN EMPOWERED BY THE BOARD OF DIRECTORS TO REVIEW THE CEO'S PERFORMANCE, ESTABLISH THE CEO'S COMPENSATION AND COMPENSATION GUIDELINES FOR OTHER KEY EXECUTIVES. A COMPENSATION CONSULTANT ASSISTS THE EXECUTIVE COMMITTEE IN SETTING COMPENSATION FOR THE FOUR HIGHEST COMPENSATED EMPLOYEES. ON AN ONGOING BASIS, THE EXECUTIVE COMMITTEE MONITORS TRENDS IN EXECUTIVE COMPENSATION FOR SIMILAR POSITIONS PRIOR TO APPROVING COMPENSATION ADJUSTMENTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES COPIES OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C - AUDIT COMMITTEE THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MONTEREAU RESTAURANT SERVICES LLC 6800 S GRANITE STREET TULSA OK 74136 161673293 PURCHASE OF ALCOHOLIC BEVERAGES OK 0 0 MONTEREAU INC