2020-01-09T08:48:25-06:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2018-07-01 237333148 FRIENDSHIP VILLAGE OF WEST COUNTY FRIE 6365321515 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 J TERRY WALSH CEO 6365321515 2020-01-08 1 JEFF PARKER P00970069 3149254300 67.137.57.251 2020-01-08 14:50:10 CS P 3B8AD87D3D4D2D1864CA6013C36879B94F3F1DCF B5B8FA94E5B04F96FCC7FCBD52173CF39B670B04 2018 2020-09-23 17:36:50Z FRIENDSHIP VILLAGE CHESTERFIELD J TERRY WALSH 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 33284989 0 X WWW.FRIENDSHIPVILLAGESTL.COM/CHESTERFIELD X 1973 MO BE AN EXCELLENT RESOURCE IN ALL ASPECTS OF SENIOR SERVICES - SUPPORTING BODY, MIND AND SPIRIT. 7 4 300 24 0 0 51244 113904 21155081 22640800 2669203 2175162 720411 318678 24595939 25248544 10985 6655 0 0 10957357 10795885 0 0 0 12261091 13438397 23229433 24240937 1366506 1007607 94606890 189648844 109354022 202681322 -14747132 -13032478 X GUIDED BY BIBLICAL PRINCIPLES THAT HONOR JESUS CHRIST, PROVIDE A LOVING, WARM, GRACIOUS AND SECURE ENVIRONMENT WHERE ALL EXPERIENCE PHYSICAL, SPIRITUAL AND EMOTIONAL CARE. 0 0 14168306 6655 15467020 THE VILLAGE IS A LIFE CARE SENIOR LIVING COMMUNITY, DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AGE OR OLDER IN A DIGNIFIED MANNER. CURRENTLY, THE VILLAGE HAS 310 RESIDENCES AND A LICENSED 112-BED SKILLED NURSING FACILITY (THE "HEALTH CENTER"). THE PRIMARY INTENT OF FVC, IS TO ASSURE THE RESIDENTS OF LIFE CARE THROUGHOUT THEIR RETIREMENT YEARS. THE VILLAGE IS DESIGNED TO CREATE AN ENVIRONMENT THAT WILL ENRICH THE LIVES OF THE PEOPLE WHO LIVE AND WORK THERE. THE DESIGN OF THE MAIN COMMON FACILITIES PROVIDES LARGE AREAS FOR DINING AND MEETINGS WITHOUT DETRACTING FROM THE HOMELIKE ENVIRONMENT OF THE VILLAGE.IN ADDITION TO PROVIDING A RESIDENCE FOR LIFETIME USE BY THE RESIDENT, FVC WILL PROVIDE: MAINTENANCE OF THE RESIDENCES AND COMMON AREAS; WEEKLY FLAT LAUNDRY SERVICE; FOOD SERVICE, INCLUDING ONE MEAL FOR EACH DAY IN THE MONTH AT NO ADDITIONAL CHARGE; THE SERVICES OF A CHAPLAIN AND RESIDENT SOCIAL DIRECTOR; SCHEDULED TRANSPORTATION SERVICES; 24-HOUR NURSING CARE IN THE HEALTH CENTER SEE ADDITIONAL PROGRAM DESCRIPTION; BIWEEKLY HOUSEKEEPING; A CALL SYSTEM; VARIOUS ADMINISTRATIVE SERVICES; AND ALL UTILITIES. SOCIAL ACCOUNTABILITYOUR RESIDENTS' SELFLESS ACTS OF VOLUNTEERING THEIR TIME SPEAK LOUDER THAN WORDS. THE FRIENDSHIP VILLAGE CHESTERFIELD RESIDENTS ENJOY VOLUNTEERING INSIDE OUR COMMUNITY. OUR RESIDENTS NOT ONLY VOLUNTEERED WITHIN OUR WALLS BUT TOOK IT TO THE COMMUNITY AT LARGE. RESIDENT VOLUNTEER HOURS FOR FRIENDSHIP VILLAGE CHESTERFIELD WERE NEARLY 12,292. RESIDENT VOLUNTEER HOURS IN THE COMMUNITY AT-LARGE WERE APPROXIMATELY 1,700.THE EMPLOYEES OF FRIENDSHIP VILLAGE CHESTERFIELD GO ABOVE AND BEYOND THEIR WORK LOAD. OUR EMPLOYEES VOLUNTEERED IN COMMUNITIES ACROSS THE ST. LOUIS METROPOLITAN COMMUNITY. EMPLOYEE VOLUNTEER HOURS WERE NEARLY 2,500.FRIENDSHIP VILLAGE CHESTERFIELD MADE DONATIONS TO LOCAL DESERVING CHARITIES AND COMMUNITY ORGANIZATIONS. WITH THE HELP OF OUR RESIDENTS, BOARD MEMBERS, AND EMPLOYEES THE FOLLOWING ORGANIZATIONS RECEIVED OUR SUPPORT: ANGEL TREE BENEFITING CHILDREN OF INCARCERATED PEOPLE , ALZHEIMER'S ASSOCIATION, AMERICAN HEART ASSOCIATION, AMERICAN CANCER SOCIETY, ST MARY'S HIGH SCHOOL, BUILDING FUTURES, THE KAREN HOUSE HOMELESS SHELTER FOR WOMEN & CHILDREN, JACKSON PARK SENIOR CENTER, PETER MATHEWS MEMORIAL GARDEN AND FOOD PANTRY, PREGNANCY RESOURCE CENTER, LEUKEMIA SOCIETY, MERCY, ST. LUKE'S UNITED METHODIST CHURCH, SUPPORT DOGS, INC., ST. LOUIS CHAMBER CHORALE, KOMEN RACE FOR THE CURE, VOYCE AND SPONSORSHIP OF FENTON, CRESTWOOD/SUNSET HILLS, AND AFFTON CHAMBER EVENTS TO NAME A FEW. DONATIONS MADE ON BEHALF OF FRIENDSHIP VILLAGE CHESTERFIELD TO CHARITABLE ORGANIZATIONS WAS NEARLY $57,000. THIS INCLUDES CASH PROVIDED BY THE ORGANIZATION, RESIDENTS, BOARD MEMBERS AND EMPLOYEES, ALONG WITH PRODUCT DONATED, AND A PORTION OF SALARY FOR EMPLOYEES WHO PROVIDED VOLUNTEER SERVICES.FRIENDSHIP VILLAGE CHESTERFIELD PROVIDES EDUCATIONAL PROGRAMS TO THE RESIDENTS, EMPLOYEES AND THE GENERAL PUBLIC. FRIENDSHIP VILLAGE CHESTERFIELD HOSTS MEETING SPACE AND OR PROVIDES LUNCH TO 1000 PLUS COMMUNITY PROFESSIONALS. SOME OF THESE HOSTED EVENTS INCLUDED THE FOLLOWING: FINANCIAL SEMINARS, HONOR FLIGHT, WINGS OF HOPE, INSURANCE SEMINARS, CLAYMONT ELEMENTARY SCHOOL, MARQUETTE HIGH SCHOOL (VETERANS BIOGRAPHY PROGRAM), BOOK CLUBS, WRITERS GROUPS, MEDICARE SEMINARS, WELLNESS FAIR, OASIS, AND THE ST. LOUIS COUNTY LIBRARY. TRANSPORTATION IS ALSO PROVIDED FOR OUR FRIENDSHIP VILLAGE RESIDENTS TO THE MISSOURI OSTEOPOROSIS MONTHLY MEETINGS.FRIENDSHIP VILLAGE CHESTERFIELD HAS ONE CHAPLAIN AND ONE ASSISTANT CHAPLAIN TO MEET ALL THE SPIRITUAL NEEDS OF OUR RESIDENTS AND STAFF. OUR CHAPLAINS ALSO VISIT OUR HOSPITALIZED RESIDENTS. AVERAGE VISITS ARE 75 VISITS EACH WEEK THROUGHOUT THE YEAR. 10 FUNERAL/MEMORIAL SERVICES HAVE BEEN CONDUCTED IN THE CURRENT YEAR. OUR CHAPLAINS PROVIDE ONE-ON-ONE SPIRITUAL AND PERSONAL COUNSELING TO APPROXIMATELY 14 RESIDENTS AND EMPLOYEES EACH MONTH. WE ALSO PROVIDED 70 HOURS OF OVERSIGHT FOR 2 WESTMINSTER CHRISTIAN ACADEMY STUDENTS PERFORMING COMMUNITY SERVICE. ONGOING SUPPORT GROUPS INCLUDE THE FOLLOWING: CARE FOR THE CAREGIVERS: LOCATED AT THE VILLAGE CARE CENTER, VISITORS FROM OUTSIDE THE COMMUNITY ARE WELCOMED AT THESE GROUP MEETINGS AND SOJOURNERS GRIEF RECOVERY SUPPORT GROUP: SUPPORT GROUP FOR RESIDENTS WHO HAVE LOST A LOVED ONE.FRIENDSHIP VILLAGE CHESTERFIELD CONDUCTS BIBLE STUDIES FOR RESIDENTS. 65 RESIDENTS, ON AVERAGE, ATTEND AT BOTH FRIENDSHIP VILLAGE CHESTERFIELD. IN ADDITION TO BIBLE STUDIES, THE VILLAGE OFFERS TWO WORSHIP SERVICES EACH SUNDAY. APPROXIMATELY 100 PEOPLE ATTEND WORSHIP SERVICES HOSTED IN OUR CHAPEL AND VILLAGE CARE CENTER. FRIENDSHIP VILLAGE CHESTERFIELD HAS 27 VOLUNTEERS THAT SUPPORT THE CHAPLAIN'S DEPARTMENT. THEIR GIFTS/TALENTS ARE SINGERS, INSTRUMENTALISTS, BIBLE TEACHERS, AND PREACHERS.FRIENDSHIP VILLAGE CHESTERFIELD PROVIDES BENEVOLENT CARE IF RESIDENT'S RESOURCES DIMINISH AND NEEDS INCREASE. WE THANK OUR GENEROUS DONORS FOR HELPING OUR RESIDENTS AT THIS TIME OF NEED. DONORS HELP RESTORE RESIDENT HOPE. OUR BENEVOLENT CARE NEED FOR RESIDENTS AT FRIENDSHIP VILLAGE CHESTERFIELD CONTINUES TO INCREASE. BENEVOLENCE CARE WAS NEARLY $482,485.WE ARE FORTUNATE TO STAY TRUE TO OUR MISSION BECAUSE OF THE GENEROSITY OF OTHERS TO OUR FRIENDSHIP FUND.FRIENDSHIP VILLAGE CHESTERFIELD HAS NOT ALTERED THE LEVEL OF CARE AND SERVICE IT PROVIDES, DESPITE THE FACT THAT COSTS CONTINUE TO INCREASE AND THE GOVERNMENT CONTINUES TO OFFER FEWER SUBSIDIES FOR LONG-TERM CARE.FRIENDSHIP VILLAGE CHESTERFIELD HAS CONTRACTUAL AGREEMENTS WITH MEDICARE, MEDICAID, AND OTHER THIRD PARTY INSURANCES. REGARDLESS OF THE REIMBURSEMENT RECEIVED, EVEN WHEN IT FALLS SHORT OF THE COST OF CARE, FRIENDSHIP VILLAGE CHESTERFIELD WILL CONTINUE PROVIDING COMPREHENSIVE CARE. 6571421 7173780 HEALTH CENTER - THE VILLAGE'S 112-BED HEALTH CENTER IS LICENSED TO PROVIDE SKILLED NURSING CARE. HEALTH CENTER SERVICES ARE AVAILABLE TO ALL RESIDENTS OF THE VILLAGE, AND RESIDENTS MAY BE ADMITTED DIRECTLY TO THE HEALTH CENTER FROM THEIR RESIDENCES, AND NEED NOT COME FROM A HOSPITAL. RESIDENTS ARE ENCOURAGED TO RETURN TO THEIR RESIDENCES AS SOON AS POSSIBLE. RESIDENTS WHO ARE UNABLE TO RETURN TO THEIR RESIDENCES, HOWEVER, HAVE THE BENEFIT OF PERMANENT CARE IN THE HEALTH CENTER. 20739727 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 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 0 0 0 1 0 0 300 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X TIM VOSSE 6365321515 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 JOHN FASICK BOARD CHAIR 1.00 2.00 X X 0 10019 0 FRED G SUTTON BOARD SECRETARY 2.00 4.00 X X 0 10000 0 GEORGE POLAND BOARD TREASURER 2.00 4.00 X X 0 0 0 D WADE HAMMOND MD BOARD MEMBER 1.00 0.00 X 0 0 0 LEE KIEHL BOARD MEMBER 1.00 0.00 X 0 0 0 BOB CONNOR RESIDENT BOARD MEMBER 2.00 0.00 X 0 0 0 MICHAEL E HAMBLEY EXECUTIVE DIRECTOR 40.00 2.00 X X 0 193542 35162 SUZI SHELDON-KRIEGER CCO (TERM ENDED JULY 2018) 14.00 28.00 X 0 205930 19489 JAMES TERRY WALSH PRESIDENT/CEO 14.00 28.00 X 0 309495 37076 TIM VOSSE CFO 14.00 28.00 X 0 263540 16843 GAYLE RANDA CCO 14.00 28.00 X 0 60615 9045 CARMEN FRONCZAK CHIEF STRATEGY OFFICER 14.00 28.00 X 0 237004 19350 JOANNA JONES-RAYMOND MARKETING DIRECTOR 14.00 28.00 X 0 172021 26606 JUDITH MOORE RESIDENCY DIRECTOR 40.00 0.00 X 0 130290 40600 KENNETH KLUMP SKILLED NURSING CENTER DIRECTOR 40.00 0.00 X 0 125443 22777 JEFF LEWIS SR. DIRECTOR OF FINANCE 14.00 28.00 X 0 113517 25510 0 1831416 252458 0 0 1 0 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 CONTRACTED THERAPY 1626879 FV MANAGEMENT LLC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 MANAGEMENT SERVICES 1255728 SAWGRASS PARTNERS LLC 1721 DEL OGIER DR GLENVIEW IL 60025 CONSULTING 825000 POLSINELLI PC PO BOX 878681 KANSAS CITY MO 64187 LEGAL SERVICES 439133 CLIFTONLARSONALLEN LLP PO BOX 679342 DALLAS TX 75267 AUDIT, TAX AND CONSULTING WORK 309930 5 113904 113904 APT SERVICE & MEALS 623000 11382587 11382587 NET MEDICAL CENTER REV 623000 7173780 7173780 AMORTIZATION OF ENDOWMENT CONTRAC 623000 3317320 3317320 ASSISTED LIVING 623000 767113 767113 22640800 1710897 1710897 196981 196981 8279274 7999599 12391 279675 -12391 267284 267284 25036 24455 581 581 MEAL INCOME 531120 152521 152521 MISCELLANEOUS 531120 38066 38066 LAUNDRY 531120 24420 24420 103090 103090 318097 25248544 22640800 0 2493840 6655 6655 218303 218303 8371253 7782917 588336 109587 89187 20400 1466806 1367174 99632 629936 573401 56535 1255728 1255728 50365 50365 27306 27306 87898 87898 1004342 956163 48179 133722 133722 1142137 914662 227475 382088 382088 1811807 1801966 9841 23774 17538 6236 5326 3717 1609 2349557 2237781 111776 3371993 3211576 160417 269640 256812 12828 DIETARY 1099219 1099219 PROFESSIONAL DUES & FEE 266946 266946 MAINTENANCE 68448 68448 RESIDENT SERVICES 46541 46541 41560 39024 2536 24240937 20739727 3501210 0 1100 1000 2862125 4345243 1101122 1520910 216053 218598 34829 65738 122548772 26764668 58998641 95784104 28445462 86691256 657882 904610 2289676 117385 94606890 189648844 5988058 11244056 19320875 18266920 50602600 145645771 33442489 27524575 109354022 202681322 X -14747132 -13125993 93515 -14747132 -13032478 94606890 189648844 X 1007607 890598 -183551 X X 0 1 X 1 0 X 14883 49984 192666 51244 113904 422681 17635139 18680407 20170119 21155081 22640800 100281546 17037 25036 42073 17650022 18730391 20362785 21223362 22779740 100746300 0 0 0 100746300 588687 637371 647609 469343 1907878 4250888 588687 637371 647609 469343 1907878 4250888 379745 338206 679150 721610 318097 2436808 18618454 19705968 21689544 22414315 25005715 107433996 0.93780 0.94860 0.03960 0.02780 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2014 AMOUNT: $ 26,819. 2015 AMOUNT: $ 3,874. 2016 AMOUNT: $ 62,231. 2017 AMOUNT: $ 48,065. 2018 AMOUNT: $ 38,066. GARAGE/SPACE FEES - 2014 AMOUNT: $ 36,008. 2015 AMOUNT: $ 44,362. 2016 AMOUNT: $ 84,765. 2017 AMOUNT: $ 54,276. 2018 AMOUNT: $ 19,180. AIL - LAUNDRY - 2014 AMOUNT: $ 35,466. 2015 AMOUNT: $ 30,724. 2016 AMOUNT: $ 38,632. 2017 AMOUNT: $ 29,908. 2018 AMOUNT: $ 24,420. GUEST ROOM - 2014 AMOUNT: $ 28,563. 2015 AMOUNT: $ 22,306. 2016 AMOUNT: $ 19,269. 2017 AMOUNT: $ 22,089. 2018 AMOUNT: $ 19,309. BEAUTY AND BARBER - 2014 AMOUNT: $ 28,353. 2015 AMOUNT: $ 27,309. 2016 AMOUNT: $ 28,062. 2017 AMOUNT: $ 30,073. 2018 AMOUNT: $ 21,514. GIFT/CONVENIENCE STORE - 2014 AMOUNT: $ 19,624. 2015 AMOUNT: $ 20,216. SPACE RENTALS - MEAL INCOME - 2014 AMOUNT: $ 185,743. 2015 AMOUNT: $ 172,265. 2016 AMOUNT: $ 417,340. 2017 AMOUNT: $ 484,655. 2018 AMOUNT: $ 152,521. CHAPEL - 2014 AMOUNT: $ 2,695. 2015 AMOUNT: $ 3,580. 2016 AMOUNT: $ 4,450. 2017 AMOUNT: $ 19,507. 2018 AMOUNT: $ 15,401. TRANSPORTATION - 2014 AMOUNT: $ 13,443. 2015 AMOUNT: $ 11,328. 2016 AMOUNT: $ 22,328. 2017 AMOUNT: $ 32,075. 2018 AMOUNT: $ 21,782. MAINTENANCE - 2014 AMOUNT: $ 2,983. 2015 AMOUNT: $ 2,194. 2016 AMOUNT: $ 1,738. 2017 AMOUNT: $ 132. 2018 AMOUNT: $ 5,496. TELEPHONE - 2014 AMOUNT: $ 48. 2015 AMOUNT: $ 48. 2016 AMOUNT: $ 48. HOUSEKEEPING - 2016 AMOUNT: $ 287. 2017 AMOUNT: $ 830. 2018 AMOUNT: $ 408. 2073083 2073083 69611313 21556688 48054625 52594 4943 47651 7289866 5203037 2086829 43521916 43521916 95784104 ADVANCE DEPOSITS 705802 REFUNDABLE ENDOWMENTS 26818773 27524575 X 26088091 890598 24455 915053 25173038 87897 -12391 75506 25248544 24189886 36846 36846 24153040 87897 87897 24240937 PART X, LINE 2: THE VILLAGE IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GIFT STORE EXPENSES NETTED WITH REVENUES 24,455. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS -12,391. PART XII, LINE 2D - OTHER ADJUSTMENTS: GIFT STORE EXPENSES 24,455. LOSS ON SALE OF ASSETS 12,391. X 1 0 0 0 0 0 0 0 0 0 0 MICHAEL E HAMBLEY EXECUTIVE DIRECTOR 0 154402 0 39140 0 0 0 14494 0 20668 0 228704 0 0 SUZI SHELDON-KRIEGER CCO (TERM ENDED JULY 2018) 0 205930 0 0 0 0 0 4832 0 14657 0 225419 0 0 JAMES TERRY WALSH PRESIDENT/CEO 0 214217 0 95278 0 0 0 17992 0 19084 0 346571 0 0 TIM VOSSE CFO 0 208190 0 55350 0 0 0 16483 0 360 0 280383 0 0 CARMEN FRONCZAK CHIEF STRATEGY OFFICER 0 215004 0 22000 0 0 0 0 0 19350 0 256354 0 0 JOANNA JONES-RAYMOND MARKETING DIRECTOR 0 138021 0 34000 0 0 0 7182 0 19424 0 198627 0 0 JUDITH MOORE RESIDENCY DIRECTOR 0 120290 0 10000 0 0 0 24500 0 16100 0 170890 0 0 PART I, LINE 1A MICHAEL HAMBLEY - HOUSING ALLOWANCE/RESIDENCE FOR PERSONAL USE TREATED AS TAXABLE COMPENSATION PART I, LINE 3 A RELATED ORGANIZATION, FV MANAGEMENT, COMPENSATES AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE RELATED ORGANIZATION USED THE FOLLOWING PROCEDURE TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR: APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 5 PART OF EXECUTIVE DIRECTOR BONUS IS BASED ON OPERATING RESULTS OF FRIENDSHIP VILLAGE SUNSET HILLS. PART I, LINE 6 BONUS PARTIALLY BASED ON OPERATING RESULTS. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CE9 2017-11-21 53783326 SEE PART VI 0 0 0 B THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CP4 2018-11-20 226688441 SEE PART VI 0 0 0 A 900000 53956808 4662099 23762821 965544 7838603 16343233 333874 2020 1 1 0 1 B 228823279 10018492 2933783 2955582 60188166 152765627 0 0 0 1 A 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 B 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 A 0 1 0 0 0 0 0 1 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 PART I, COLUMN (F), LINE B FINANCE NEW CAPITAL IMPROVEMENTS PART I, COLUMN (F), LINE A FINANCE NEW CAPITAL IMPROVEMENTS AND REFUND THE FOLLOWING SERIES OF BONDS OF FRIENDSHIP VILLAGE OF WEST COUNTY: SERIES 2007AB BONDS (7/11/07) AND SERIES 2012 BONDS (12/21/12). PART I, COLUMN (C), LINE B THE CUSIP NUMBER FOR SERIES 2018A IS 791524 CPA. THE SERIES 2018B WERE NOT PUBLICLY OFFERED. THE SERIES 2018A BONDS AND THE SERIES 2018B BONDS ARE BEING TREATED AS A SINGLE ISSUE PURSUANT TO REGULATIONS 1.150-1(C). PART I, LINE A, B (GENERALLY): THE SERIES 2017 AND SERIES 2018AB BONDS FINANCED IMPROVEMENTS AT EACH FRIENDSHIP VILLAGE CAMPUS LOCATION (CHESTERFIELD AND SUNSET HILLS) AND IS THEREFORE REPORTED ON FORM 990, SCHEDULE K FOR BOTH FRIENDSHIP VILLAGE OF WEST COUNTY AND FRIENDSHIP VILLAGE OF SOUTH COUNTY. PART II, LINE 3 (GENERALLY): THE DIFFERENCE BETWEEN THE RESPECTIVE ISSUE PRICES OF THE BONDS AND THE AMOUNTS LISTED ON PART II, LINE 3 IS INVESTMENT EARNINGS. PART II, LINE 13, COLUMN C: THE PROJECT IS EXPECTED TO BE COMPLETED IN 2020. PART IV, LINE 6, COLUMN A: GROSS PROCEEDS OF THE BONDS ARE INVESTED IN A YIELD-RESTRICTED REFUNDING ESCROW FUND AT A YIELD BELOW BOND YIELD. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE VILLAGE IS PERFORMED BY PERSONNEL EMPLOYED BY A RELATED COMPANY, FV MANAGMENT LLC. FV MANAGEMENT LLC'S RESPONSIBILITIES INCLUDE RECRUITING AND EMPLOYING THE EXECUTIVE DIRECTOR, AS WELL AS HR, IT, FINANCE AND MARKETING FUNCTIONS; SUPERVISING THE LICENSING, EQUIPPING, AND STAFFING OF THE VILLAGE; PREPARING ANNUAL BUDGETS; ESTABLISHING AND OPERATING A SYSTEM OF FINANCIAL CONTROLS FOR THE VILLAGE, INCLUDING COMPARATIVE ANALYSES WITH OTHER FACILITIES; SUPERVISING THE DELIVERY OF HEALTH CARE SERVICES WHICH MEET THE GUIDLINES OF THE FEDERAL MEDICARE (TITLE XVIII) PROGRAM; AND OVERSEEING THE FOOD SERVICE AND QUALITY OF ACCOMMODATIONS PROVIDED BY THE VILLAGE. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION'S SOLE MEMBER IS FV SERVICES, INC. (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS RESERVED THE POWER TO APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION. ALSO, ALL DIRECTORS ARE APPOINTED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS RESERVED TO THE MEMBER IS AS FOLLOWS: ESTABLISH, MODIFY, AND INTERPRET MISSION AND VISION STATEMENTS FOR THE CORPORATION AND THE SYSTEM; ESTABLISH THE DEBT LIMITS OF, AND DEBT GUIDELINES FOR THE CORPORATION; SELECT THE AUDITOR FOR THE CORPORATION AND THE SYSTEM; ESTABLISH GUIDELINES FOR TRANSFERRING OR ENCUMBERING ASSETS OF THE CORPORATION FOR FINANCINGS INCLUDING TAX-EXEMPT BONDS; APPROVE THE FORMATION OR ACQUISITION OF LEGAL ENTITIES BY THE CORPORATION; APPROVE THE SALE, TRANSFER, DISPOSITION OF, OR SUBSTANTIAL CHANGE TO THE USE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; APPROVE A DIVESTITURE, MERGER, DISSOLUTION, REORGANIZATION, CLOSING, OR CONSOLIDATION INVOLVING THE CORPORATION; APPROVE A CHANGE TO THE MEMBER OF THE CORPORATION; AMEND THE ARTICLES, BYLAWS, AND OTHER GOVERNANCE DOCUMENTS, AS APPLICABLE, FOR THE CORPORATION; APPROVE DEBT OF THE CORPORATION TO FINANCE CAPITAL PROJECTS AND OPERATING CAPITAL; APPROVE POLICIES AND PROCEDURES, INCLUDING OPERATIONAL POLICIES CONSISTENT WITH MISSION AND STRATEGY, AND FURTHER INCLUDING POLICIES FOR PROVIDER CREDENTIALING, QUALITY, AND PATIENT SAFETY (AS APPLICABLE), FOR THE CORPORATION; APPOINT THE PRESIDENT OF THE CORPORATION AND ESTABLISH CORE COMPETENCIES, ANNUAL PERFORMANCE OBJECTIVES AND COMPENSATION FOR THE PRESIDENT; APPOINT AN EXECUTIVE DIRECTOR FOR THE FACILITIES OF THE CORPORATION AND APPROVE COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSON; APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION; APPROVE PERSONS FOR APPLICABLE C LEVEL POSITIONS (E.G., CEO, CFO, CCO, CHRO) OF THE CORPORATION, IF ANY, AS WELL AS COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSONS; APPROVE AN ANNUAL BUDGET FOR THE CORPORATION; APPROVE STRATEGIC PLANS OF THE CORPORATION; APPROVE FORMS OF ANY RESIDENT CONTRACTS FOR THE CORPORATION; AND DETERMINE WHETHER TO SETTLE ANY CLAIMS ASSERTED AGAINST THE CORPORATION AND APPROVE TERMS OF ANY SETTLEMENT. FORM 990, PART VI, SECTION B, LINE 11B CLIFTONLARSONALLEN WILL PRESENT THE PREPARED FORM 990 TO THE BOARD FINANCE COMMITTEE WHICH WILL REVIEW AND RECOMMEND APPROVAL BY THE FULL BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FRIENDSHIP VILLAGE WEST COUNTY DOES NOT COMPENSATE ANY EMPLOYEES. A RELATED ORGANIZATION USES THE FOLLOWING PROCESS: TO DETERMINE SALARIES, EVERY TWO YEARS THE MANAGEMENT COMPANY HIRES AN INDEPENDENT COMPANY TO PREPARE A SALARY SURVEY FOR ALL POSITIONS AND COMPARE THOSE SALARIES WITH THE SALARIES THAT ARE ACTUALLY BEING PAID. THIS SURVEY COMPRISES DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE LAST SURVEY WAS CONDUCTED IN 2018. THIS IS THEN REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE TO DETERMINE APPROPRIATE SALARIES. THIS COMMITTEE IS COMPRISED OF ONLY INDEPENDENT BOARD MEMBERS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE KEPT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCAL STATEMENTS ARE POSTED QUARTERLY ON MUNICIPAL SECURITIES RULEMAKING BOARD (EMMA DATAPORT). ANNUAL POSTING OF BUDGET AS WELL. FORM 990, PART XI, LINE 9: INTERCOMPANY EQUITY TRANSFER -183,551. FORM 990, PART XII, LINE 2C PROCESSES HAVE NOT CHANGED FROM PRIOR YEARS. PART V, LINE 1A 1099'S ARE ISSUED BY THE RELATED ORGANIZATION, FV OPERATIONS. FRIENDSHIP VILLAGE OF SOUTH COUNTY 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 431155242 PROVIDE SENIOR CITIZENS WITH QUALITY HOUSING AND HOME CARE MO 501(C)(3) LINE 10 FV SERVICES INC 0 FV SERVICES INC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 820986068 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 12B, II 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0