2025-08-14T08:58:08-05:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 66 HUDSON BLVD E SUITE 2200 NEW YORK NY 10001 990 2023-10-01 223068632 LIVEWELL ALLIANCE INC LIVE 8606289000 1261 S MAIN STREET PLANTSVILLE CT 06479 MICHAEL SMITH PRESIDENT AND CEO 8606289000 2025-08-11 1 1 MARY-EVELYN ANTONETTI P00431862 2126976900 2025-08-06 2023 2025-03-06 01:10:19Z MICHAEL SMITH 1261 S MAIN STREET PLANTSVILLE CT 06479 15178139 0 X WWW.LIVEWELL.ORG X 1990 CT LIVEWELL WORKS TO ADVANCE THE WELLBEING AND INCLUSION OF ALL PEOPLE LIVING WITH (SEE SCH O) DEMENTIA TO FOSTER PURPOSE, CONNECTION, GROWTH, AND BELONGING, THROUGH CARE, RESOURCES, THOUGHT LEADERSHIP, AND ADVOCACY. 6 6 279 29 0 0 162147 436357 15163142 14157164 441338 458742 202842 125876 15969469 15178139 0 2000 0 0 13308375 13295862 0 0 0 5250311 7369484 18558686 20667346 -2589217 -5489207 55251010 74943018 50840388 75577750 4410622 -634732 X THE ORGANIZATION OFFERS EDUCATION, PROGRAMS, SUPPORTS, POST-DIAGNOSTIC PLANNING, AND RESIDENTIAL OFFERINGS INCLUDING SKILLED NURSING AND ASSISTED LIVING FOR PEOPLE LIVING WITH DEMENTIA, THEIR CARE PARTNERS, AND PEOPLE LOOKING TO PREVENT COGNITIVE CHANGE. IT ALSO CONDUCTS RESEARCH AND ADVOCACY RELATED TO CHAMPIONING A MOVEMENT OF REDEFINING LIFE WITH DEMENTIA. 0 0 13606063 2000 9238081 THE ORGANIZATION PROVIDED PATIENT CARE SERVICES TO NUMEROUS RESIDENTS, DURING THE YEAR ENDED SEPTEMBER 30, 2024 THROUGH ITS SKILLED NURSING FACILITY. THEY ALSO PROVIDED EDUCATION, COUNSELING AND RESEARCH PROGRAMS FOR INDIVIDUALS AND FAMILIES IMPACTED BY DEMENTIA AND MADE EDUCATION AND RESOURCES AVAILABLE TO THE COMMUNITY AND TO PROFESSIONAL PROVIDERS WHO SERVE INDIVIDUALS WITH DEMENTIA. 2291346 4899409 THE ORGANIZATION PROVIDED ASSISTED LIVING SERVICES TO RESIDENTS THROUGH ITS ASSISTED LIVING CENTER. THE ASSISTED LIVING COMMUNITY IS EXCLUSIVELY FOR INDIVIDUALS LIVING WITH DEMENTIA. IT OFFERS A STIMULATING, RESPECTFUL AND SECURE ENVIRONMENT THAT PROMOTES AUTONOMY, CONNECTION, DIGNITY, MEANING, GROWTH AND JOY. 108190 103396 CENTER FOR RESILIENT LIVING (CRL) PROGRAMS PROVIDE EDUCATION, SOCIAL CONNECTION, AND PROACTIVE STRATEGIES TO EMPOWER PARTICIPANTS TO TAKE AN ACTIVE ROLE IN THEIR WELLBEING. OFFERINGS ARE DESIGNED FOR AND WITH PEOPLE NAVIGATING COGNITIVE CHANGE AND OPEN TO ANYONE INTERESTED IN IMPROVING THEIR HEALTH AND WELLBEING. 16005599 1 1 0 0 0 0 0 0 1 0 1 0 0 1 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 0 0 0 0 0 1 40 0 1 279 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X X ADRIENNE SANDERS 8606283017 1261 S MAIN STREET PLANTSVILLE CT 06479 JULIE THOMPSON ROBINSON PHD SECRETARY 1.00 X X 0 0 0 MICHAEL LENKIEWICZ BOARD PRESIDENT/TREASURER 1.00 X X 0 0 0 SARA TINNESZ DIRECTOR 1.00 X 0 0 0 NANCY CREEL DIRECTOR 1.00 X 0 0 0 THOMAS HARTE DIRECTOR 1.00 X 0 0 0 LISA FEKETE DIRECTOR 1.00 X 0 0 0 MICHAEL SMITH PRESIDENT/CEO 40.00 X 346758 0 73177 JENNIFER TERRAY WELLBEING DIRECTOR 40.00 X 123585 0 6624 HEIDI GIL CHIEF STRATEGY OFFICER 40.00 X 216231 0 25200 MALEY HUNT VP/COO RESIDENTIAL 40.00 X 173070 0 21157 RITA BERGSTRAND DIRECTOR OF NURSING SERVICES 40.00 X 124250 0 7077 ANNE MCCARTTY VP HUMAN RESOURCES 40.00 X 113085 0 34944 1096979 0 168179 14 0 1 0 MEDLINE INDUSTRIES INC BOX 382075 PITTSBURGH PA 15251 MEDICAL SUPPLIES 291840 CONNECTICUT COMPUTER SERVICES INC 101 EAST SUMMER STREET PLANTSVILLE CT 06479 SOFTWARE/HARDWARE COMPUTER MAINTENANCE 193139 H&H LINEN SERVICES INC PO BOX 2 UNIT A10 ROCKY HILL CT 06067 LAUNDRY 125008 MCKESSON MEDICAL - SURGICAL PO BOX 204786 DALLAS TX 75320 MEDICAL SUPPLIES 113088 ADAMS & KNIGHT INC 80 AVON MEADOW LANE AVON CT 06001 MARKETING SERVICES 107383 6 75000 361357 436357 SKILLED NURSING 623000 9238081 9238081 ASSISTED LIVING 623000 4815687 4815687 CRL CENTER FOR RESILIENT LIVING 623000 103396 103396 14157164 458742 458742 CABLE/TV/PHONE 623000 26360 26360 ASSETS HELD FOR SALE DEPOSIT 900099 25000 25000 WELLNESS PAYMENTS 623000 19686 19686 54830 37676 17154 125876 15178139 14240886 0 500896 2000 2000 473177 366333 106844 10359145 8312805 2046340 213583 165366 48217 1452923 1128207 324716 797034 617096 179938 19356 14986 4370 77959 61146 16813 421081 270276 150805 368582 218242 150340 337775 57332 280443 276275 15122 261153 676471 523751 152720 7018 1056 5962 26206 6998 19208 1864926 1443902 421024 1913754 1481706 432048 154523 119638 34885 DIETARY 476671 476671 PATIENT/MED SUPPLIES 334773 320713 14060 PROVIDER FEE 311169 310929 240 MAINTENANCE 56002 47368 8634 46943 43956 2987 20667346 16005599 4661747 0 913908 493486 299488 692829 20785 13699 172986 177486 78510407 17635747 39945054 60874660 13898789 12690858 55251010 74943018 2266259 2718285 149635 420909 48393798 71352551 30696 23118 0 1062887 50840388 75577750 X 4410622 -634732 4410622 -634732 55251010 74943018 X -5489207 644739 -197127 -3759 X X 0 1 X 1 0 X 1214398 3857735 630734 162147 436357 6301371 17525009 17754081 19595287 15163142 14157164 84194683 18739407 21611816 20226021 15325289 14593521 90496054 0 403070 211910 416839 1546430 934093 3512342 403070 211910 416839 1546430 934093 3512342 86983712 445346 269671 165711 288500 458742 1627970 445346 269671 165711 288500 458742 1627970 40848 94016 68120 202842 125876 531702 19225601 21975503 20459852 15816631 15178139 92655726 0.93880 0.95480 0.01760 0.01370 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 32,209. 2020 AMOUNT: $ 91,528. 2021 AMOUNT: $ 35,562. 2022 AMOUNT: $ 183,979. 2023 AMOUNT: $ 46,099. CABLE/TV/PHONE - 2021 AMOUNT: $ 11,500. 2022 AMOUNT: $ 13,396. 2023 AMOUNT: $ 26,360. BARBER/BEAUTY - 2019 AMOUNT: $ 4,134. 2020 AMOUNT: $ 2,488. 2021 AMOUNT: $ 6,058. 2022 AMOUNT: $ 5,467. 2023 AMOUNT: $ 8,731. CONSULTING - 2019 AMOUNT: $ 4,505. 2021 AMOUNT: $ 15,000. ASSETS FOR HELD FOR SALE DEPOSIT - 2023 AMOUNT: $ 25,000. WELLNESS PAYMENTS - 2023 AMOUNT: $ 19,686. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1356529 1356529 68353946 15108982 53244964 8705020 2431853 6273167 94912 94912 0 60874660 CASH AND CASH EQUIVALENTS - OPERATING RESERVE 81472 DEBT SERVICE RESERVE FUND 1011779 BOND ESCROW AND PROJECT CONSTRUCTION FUNDS 4614844 INVESTMENTS - OPERATING RESERVE 6095109 PROPERTY HELD FOR SALE 887654 12690858 SECURITY DEPOSITS 162887 OTHER LIABILITY 900000 1062887 X PART IV, LINE 2B: AS A SERVICE TO ITS RESIDENTS, LIVEWELL MAINTAINS CUSTODY OVER CASH BELONGING TO ITS RESIDENTS. SUCH AMOUNTS TOTALED $23,118 AND $30,696 AS OF SEPTEMBER 30, 2024 AND 2023, RESPECTIVELY. PART X, LINE 2: LIVEWELL IS A NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM FEDERAL INCOME TAXES ON EXEMPT FUNCTION INCOME AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. LIVEWELL ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH CERTAIN PROVISIONS OF FASB ASC 740, INCOME TAXES, WHICH PROVIDES A FRAMEWORK FOR HOW COMPANIES SHOULD RECOGNIZE, MEASURE, PRESENT AND DISCLOSE UNCERTAIN TAX POSITIONS IN THEIR CONSOLIDATED FINANCIAL STATEMENTS. LIVEWELL MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. LIVEWELL DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AS OF SEPTEMBER 30, 2024. LIVEWELL RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS WITHIN OTHER EXPENSES. AS OF SEPTEMBER 30, 2024 AND 2023, LIVEWELL DID NOT RECORD ANY PENALTIES OR INTEREST ASSOCIATED WITH UNCERTAIN TAX POSITIONS. LIVEWELL'S PRIOR THREE TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THERE ARE CURRENTLY NO EXAMINATIONS PENDING OR IN PROGRESS. X X X X 0 0 0 0 0 0 0 1 0 MICHAEL SMITH PRESIDENT/CEO 335258 0 11500 0 0 0 39668 0 33509 0 419935 0 0 0 HEIDI GIL CHIEF STRATEGY OFFICER 216231 0 0 0 0 0 24813 0 387 0 241431 0 0 0 MALEY HUNT VP/COO RESIDENTIAL 171070 0 2000 0 0 0 8350 0 12807 0 194227 0 0 0 PART I, LINE 7 MICHAEL SMITH'S BONUS IS DISCRETIONARY AND IS APPROVED BY THE BOARD OF DIRECTORS. A CONNECTICUT HEALTH AND EDUCATION FACILITIES AUTHORITY 060806186 20775DTW2 2022-06-30 81600000 RETIRE PREVIOUS BONDS/FUND PROJECT CONSTRUCTION 0 0 0 A 81600000 1011779 7805805 843200 1500000 51834629 9144587 9460000 2025 1 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K PART II, LINE 3 TOTAL PROCEEDS OF THE 2022 ISSUE IS $81,600,000. AS OF SEPTEMBER 2024, TOTAL DRAW DOWNS OF $72,140,000 WERE MADE. THE REMAINING FUNDS ARE AVAILABLE TO BE DRAWN DOWN. SCHEDULE K PART II LINE 4 PART II, LINE 4: FOR THE 2022 BOND, FORM 8038 ALLOCATES UP TO $4,814,400 TO BE REASONABLY REQUIRED RESERVE OR REPLACEMENT FUND ONCE THE FULL AMOUNT OF THE FUNDS ARE DRAWN DOWN. AS OF SEPTEMBER 30, 2024, $1,011,779 HAS BEEN PLACED IN REPLACEMENT RESERVES. PART II LINE 7 FOR THE 2022 BOND, FORM 8038 ALLOCATES UP TO $1,632,000 FOR BOND ISSUANCE COSTS ONCE THE FULL AMOUNT OF THE FUNDS ARE DRAW DOWN. AS OF SEPTEMBER 30, 2024, $843,200 HAS BEEN USED FOR BOND ISSUANCE COSTS. PART II LINE 9 FOR THE 2022 BOND, AS OF SEPTEMBER 30, 2024, WORKING CAPITAL EXPENDITURES FROM THE DRAW DOWNS WERE $1,500,000. PART II LINE 10 FOR THE 2022 BOND, FORM 8038 ALLOCATES UP TO $55,026,534 FOR CAPITAL EXPENDITURES ONCE THE FULL AMOUNT OF THE FUNDS ARE DRAW DOWN. AS OF SEPTEMBER 30, 2024, $51,834,629,200 HAS BEEN USED FOR CAPITAL EXPENDITURES. PART II LINE 11 THE SPENT PROCEEDS FOR THE 2022 BOND WERE USED TO REFUND TAX-EXEMPT BONDS DATED NOVEMBER 1, 2017. PART II LINE 12 AT SEPTEMBER 30, 2024, $9,460,000 REMAINS UNSPENT AT YEAR END BUT WILL BE USED FOR CAPITAL IMPROVEMENTS. THE REMAINING FUNDS ARE AVAILABLE FOR DRAW DOWN AT YEAR END. FORM 990, PART VI, SECTION B, LINE 11B FIRST A DRAFT OF THE 990 IS REVIEWED BY THE COMPTROLLER AND THE PRESIDENT/CEO IN ITS ENTIRETY. AFTER ALL CORRECTIONS HAVE BEEN MADE THE UPDATED DRAFT IS SUBMITTED TO ALL MEMBERS ON THE BOARD OF DIRECTORS FOR REVIEW. THE PRESIDENT OF THE BOARD/TREASURER ALSO REVIEWS THE ENTIRE UPDATED DRAFT. ONCE THE BOARD ACCEPTS THE 990 IT IS COMMUNICATED TO THE PRESIDENT/CEO AND THEN SUBMITTED TO BE FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C LIVEWELL HAS A COMPLIANCE AND ETHICS COMMITTEE THAT CONSISTS OF VARIOUS DEPARTMENT MEMBERS AND MEETS REGULARLY THROUGHOUT THE YEAR TO REVIEW COMPLIANCE STANDARDS AND MONITORS ANY COMPLIANCE ISSUES THROUGHOUT THE ORGANIZATION. LIVEWELL REQUIRES ALL MEMBERS OF THE BOARD OF DIRECTORS TO SIGN THE CONFLICT OF INTEREST POLICY. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISTS, IT MUST BE DISCLOSED TO THE BOARD. IF THERE IS AN ACTUAL OR POTENTIAL CONFLICT, THE INDIVIDUAL WOULD RECUSE THEMSELVES FROM ANY DISCUSSION ON THE MATTER. THE PRESIDENT/CEO AND THE DIRECTOR OF SPECIAL PROJECTS REVIEW THE CONFLICT OF INTEREST QUESTIONNAIRES. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A: A COMMITTEE OF THE BOARD WORKS WITH THE PRESIDENT/CEO TO DEVELOP A REALISTIC AND MEASURABLE SET OF GOALS AND OBJECTIVES FOR THE UPCOMING REVIEW PERIOD. THESE GOALS AND OBJECTIVES ARE LINKED DIRECTLY TO THE MAJOR COMPONENTS OF THE ORGANIZATION'S STRATEGIC PLAN. AT THE END OF THE PERFORMANCE EVALUATION PERIOD, THE COMMITTEE WILL MEET WITH THE PRESIDENT/CEO TO REVIEW PERFORMANCE AGAINST THESE OBJECTIVES. THE COMMITTEE PREPARES A REPORT TO THE BOARD THAT WILL INCLUDE: 1) A NARRATIVE REVIEW OF THE PRESIDENT/CEO PERFORMANCE; 2) MEASUREMENT (IN QUANTITATIVE TERMS) OF ACTUAL PERFORMANCE COMPARED WITH PLAN OBJECTIVES; AND 3) RECOMMENDATIONS FOR ANNUAL SALARY ADJUSTMENTS, AS WELL AS YEAR-END PERFORMANCE ACHIEVEMENT PAYMENTS. THE COMMITTEE THEN PRESENTS ITS REPORT TO THE BOARD FOR CONSIDERATION AND ACTION. DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2024, THIS PROCESS OCCURRED IN DECEMBER 2023. LINE 15B: EACH YEAR THE ORGANIZATION COMPARES AND ANALYZES AVERAGE AND STARTING WAGE RATES WITH COMPARABLE POSITIONS IN OTHER NOT-FOR PROFIT SKILLED NURSING, ASSISTED LIVING AND CENTER FOR RESILIANT LIVING. THE ORGANIZATION'S PHILOSOPHY RELATED TO DETERMINING COMPENSATION AND BENEFITS IS TO STRIVE TO: 1. CREATE COMPENSATION LEVELS AND OFFER BENEFITS THAT ARE AFFORDABLE TO THE ORGANIZATION. 2. CREATE COMPENSATION AND BENEFITS AT LEVELS THAT ARE ABOVE AVERAGE OR EQUAL TO THE AVERAGE COMPENSATION AT OTHER COMPARABLE ORGANIZATIONS. 3. BE MINDFUL AND RESPONSIVE TO COMPETITIVE PRESSURES IN THE MARKETPLACE RELATED TO SALARY AND BENEFIT EXPECTATIONS. 4. CREATE LEVELS OF COMPENSATION THAT REFLECT OR ACCOUNT FOR THE YEARS OF SERVICE THAT EMPLOYEES HAVE WITH THE ORGANIZATION. 5. ALLOW FOR FINANCIAL FLEXIBILITY IN DETERMINING COMPENSATION TO RECRUIT AND RETAIN SPECIAL TALENT THAT THE ORGANIZATION MAY NEED. 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: RESILIENT LIVING EXPENSES -3,759. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.