2020-02-15T10:38:29-06:00 2019-06-30 SCOTT & POHLMAN PC 5100 POPLAR AVENUE SUITE 617 MEMPHIS TN 381370601 990 2018-07-01 620561701 AVE MARIA HOME INC AVEM 9013863211 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 JOHN L SCHIFANI TREASURER 9013863211 2020-02-04 true SANDY J FRIEDMAN P00178621 9017614692 2020-02-04 66.162.27.58 2020-02-15 10:38:29 CS P 8D314A093F70D1802D16B29CF852F03558F8416C 23476B9A3FEC7CF28C50755D6F29330A5B6C9A4E 2018 2020-11-06 18:47:13Z FRANK J GATTUSO JR 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 16438693 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 16 514 799 0 110601 4050 14848628 16434643 0 0 14959229 16438693 21911 0 10920253 10612856 0 0 4811188 6561919 15731441 17196686 -772212 -757993 24520162 24929534 18330269 19669850 6189893 5259684 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 11294394 12789243 NURSING HOME - PROVIDE TWENTY-FOUR HOUR INTERMEDIATE NURSING CARE FOR LEVEL ONE RESIDENTS. 2784547 3022657 ASSISTED LIVING - PROVIDE TWENTY-FOUR HOUR LIMITED CARE BASED ON THE RESIDENT'S NEED FOR ASSISTANCE. 539851 321975 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. 295208 21911 300768 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. 295208 21911 300768 14914000 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 true false false true false false false false false false false false false false false false false false true true false false false true 58 0 514 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 GATTUSO 9013863211 2805 CHARLES BRYAN ROAD MEMPHIS TN 38134 MARTHA PODESTA PRESIDENT 1.00 X X 0 0 0 ANNA VESCOVO 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 SKEET HAAG DIRECTOR 1.00 X 0 0 0 MIKE EDELMUTH DIRECTOR 1.00 X 0 0 0 LIBBY BURING DIRECTOR 1.00 X 0 0 0 FORD CANALE DIRECTOR 1.00 X 0 0 0 DAVID DAHLER DIRECTOR 1.00 X 0 0 0 MRS DONNA L GRIMM WINGS PRESID 1.00 X 0 0 0 MRS KAY JOHNSON DIRECTOR 1.00 X 0 0 0 MS STACY JOHNSON DIRECTOR 1.00 X 0 0 0 JOE MONTESI DIRECTOR 1.00 X 0 0 0 FANNIE SHELTON DIRECTOR 1.00 X 0 0 0 MICHAEL ROBILIO DIRECTOR 1.00 X 0 0 0 ANN WILSON DIRECTOR 1.00 X 0 0 0 FRANK J GATTUSO JR EXECUTIVE DI 40.00 X 133600 0 0 133600 1 false false false REHABCARE 680 SOUTH FOURTH STREET LOUISVILLE KY 40202 CONTRACT THERAP 971449 ALBERTINE CONSTRUCTION 2176 WEST STREET 207 GERMANTOWN TN 38138 CONSTRUCTION 563989 GUARDIAN MIDSOUTH PHARMACY 3110 STAGE POST DRIVE BARTLETT TN 38135 CONTRACT PHARMA 336290 3 4050 4050 BOARD AND CARE 12637883 12637883 ASSISTED LIVING RENTS 2987819 2987819 HCBS - REVENUE 321975 321975 ADULT DAY CARE FEES 297585 297585 SUPPLIES 121509 121509 67872 67872 16434643 16438693 16434643 X 21911 21911 133600 133600 9245472 8630134 615338 520516 456080 64436 713268 663925 49343 1779161 1694544 84617 33875 3158 30717 145619 39335 106284 688427 688427 17540 17540 426729 426729 1039118 1039118 459312 459312 FOOD 523227 523227 LICENSE & DUES 483490 483490 SUPPLIES 368599 340570 28029 MEDICAL SUPPLIES 254781 254781 342041 114521 227520 17196686 14914000 2282686 0 483818 537604 770471 1272818 188571 32828 33350868 10271317 12875295 23079551 10202007 6733 24520162 24929534 1490442 626705 12516890 13146200 180000 140000 4142937 5756945 18330269 19669850 X 6189893 5259684 6189893 5259684 24520162 24929534 X -757993 -172216 X false true X true true true X 105846 131114 155233 110601 4050 506844 12967331 13178851 14209628 14848628 16434643 71639081 13073177 13309965 14364861 14959229 16438693 72145925 72145925 87290 72264 14980 174534 87290 72264 14980 174534 13160467 13382229 14379841 14959229 16438693 72320459 0.99760 0.99660 0.00000 0.00000 X 928607 928607 28374948 7840390 20534558 4047313 2430927 1616386 23079551 DUE TO FOUNDATION 5366180 ACCRUED PAYROLL & TAXES 457924 ASSISTED LIVING DEPOSIT LIABILITY 51250 PATIENT TRUST FUND LIABILITY 26672 ACCRUED EXPENSES 22057 OBLIGATION UNDER INTEREST RATE SWAP 9031 UNAMORTIZED DISCOUNT OF DEBT ISSUANC -176169 5756945 16244566 16244566 194127 194127 16438693 17174775 17174775 21911 21911 17196686 SCHEDULE D, PAGE 4, PART XI, LINE 4B CHANGE IN VALUE OF SWAP AGREEMENT 172,216 EXPENSES PAID FOR AVE MARIA FOUNDATION 21,911 SCHEDULE D, PAGE 4, PART XII, LINE 4B EXPENSES PAID FOR FOUNDATION 21,911 false AVE MARIA FOUNDATION OF MEMPHIS INC 2805 CHARLES BRYAN ROAD BARTLETT TN 38134 621826162 501(C) 21911 OFFICE SUPPLIES A SHELBY COUNTY TENNESSEE PINNACLE BANK 621826162 2016-06-23 7115500 THE BONDS REFINANCED THE PRIOR REVENUE REFUNDING AND IMPROVEMENT BONDS false false false B SHELBY COUNTY TENNESSEE PINNACLE BANK 621826162 2016-06-23 7120500 THE PROCEEDS FROM THE SALE OF THE SERIES 2016B BONDS WILL FINANCE THE false false false A 6879500 6879500 2016 true false true true B 7120500 2018 false false false 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 SCHEDULE K - PURPOSE OF ISSUE DESCRIPTION SHELBY COUNTY TENNESSEE WHICH WERE ISSUED 8/11/2010 IN THE AMOUNT OF 9,400,000. SHELBY COUNTY TENNESSEE 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. 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 IX, LINE 11G THERAPY & PHARMACY 1,445,880 0 0 THERAPY & PHARMACY 40,270 0 0 PROFESSIONAL FEES 0 84,617 0 CONTRACT NURSES 110,050 0 0 CONTRACT NURSES 98,344 0 0 TOTAL 1,694,544 84,617 0 FORM 990, PART XI, LINE 9 CHANGE IN VALUE OF SWAP AGREEMENT -172,216 EXPENSES PAID FOR AVE MARIA FOUNDATION -21,911 EXPENSES PAID FOR FOUNDATION 21,911 TOTAL -172,216 ST CLARE HEALTH & REHABILITATION 1755 ELDRIDGE AVENUE MEMPHIS TN 38108 811621997 CENTER TN 2416515 1171879 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 false false false false false AVE MARIA FOUNDATION OF MEMPHIS INC C CASH