2020-07-15T11:36:19-07:00 2019-06-30 990 2018-07-01 810698227 LAVENDER MOUNTAIN SENIOR LIVING INC LAVE 7062362265 PO Box 490129 Mount Berry GA 30149 Brian Erb Treasurer 7062362265 2020-07-15 76.97.108.204 2018 2021-01-29 14:40:06Z X Brian Erb PO Box 490129 Mount Berry GA 30149 768706 0 X www.retireatberry.com X 2015 GA CONTINUING CARE RETIREMENT COMMUNITY FOR ADULTS 55 YEARS-OLD AND ABOVE ON THE CAMPUS OF BERRY COLLEGE, INC. 7 7 0 0 0 0 0 0 0 1000 0 767706 0 0 0 768706 0 0 0 0 0 0 0 0 0 0 4141939 0 4141939 0 -3373233 9812368 95040071 13236217 100053637 -3423849 -5013566 CONTINUING CARE RETIREMENT COMMUNITY FOR ADULTS 55 YEARS OLD AND OLDER ON THE CAMPUS OF BERRY COLLEGE, INC. 0 0 4109773 0 768706 DEVELOPMENT AND CONSTRUCTION FOR CONTINUING CARE COMMUNITY TO OPEN IN 2020. 0 0 0 4109773 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X BRIAN ERB 7062362265 PO Box 490129 Mount Berry GA 30149 X Susan Anderson Chair of the Board 6 0 X 0 0 0 Stephen Briggs CEO 10 0 X X 0 0 0 Brian Erb Treasurer 10 0 X X 0 0 0 Cecil B Wright Board Member 4 0 X 0 0 0 Dr Toby Morgan Board Member 4 0 X 0 0 0 John Bennett Board Member 4 0 X 0 0 0 Dr Daryl Lowry Board Member 4 0 X 0 0 0 Brad Reeder Secretary 10 0 X 0 0 0 0 0 0 0 0 0 0 Brasfield & Gorrie LLC 2999 Circle 75 Parkway Atlanta GA 30339 Construction 13939243 Greenbrier Development LLC 3232 McKinney Ave Suite 1160 Dallas TX 75204 Development Consulting 2114551 THW Design Inc 2100 Riveredge Pkwy NW Suite 900 Atlanta GA 30328 Consulting 812248 LevLane Advertising Inc 100 Penn Square East Philadelphia PA 19107 Advertising 517758 Dixon Hughes Goodman LLP 191 Peachtree Street NE Suite 2700 Atlanta GA 30303 Accounting 115375 5 0 Cancellation Fees 623311 1000 1000 0 0 0 0 0 0 1000 767706 0 0 767706 0 0 0 0 0 0 0 0 0 0 0 0 0 768706 1000 0 767706 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2984 2984 21226 21226 0 649745 649745 37482 37482 75262 75262 3219770 3219770 127514 127514 7956 7956 4141939 4109773 32166 0 4072553 19870345 44080936 8317 202939 30108105 235733 5012065 29872372 719433 1013479 9812368 95040071 632941 4527027 0 0 0 0 0 79182529 3626536 5636441 0 0 0 0 7750000 6500000 1226740 4207640 13236217 100053637 X -3423849 -5013566 0 0 0 0 -3423849 -5013566 9812368 95040071 X -3373233 0 0 0 -667 1784183 X 0 1 X 1 0 X 1000 1000 0 0 0 0 1000 1000 1000 767706 767706 0 0 0 0 767706 767706 0 0 0 0 768706 768706 0.00130 0 0.99870 0 X Schedule A, Part III, Line 17 CONTINUING CARE RETIREMENT COMMUNITY THAT HAS NOT OPENED YET, SO THE FEES TO BE GENERATED BY THE COMMUNITY RESIDENTS HAVE NOT STARTED YET. THE MAJORITY OF THE INCOME GENERATED AT THIS TIME IS FROM THE EARNINGS ON INVESTMENTS. 0 1 X 0 0 0 0 0 0 0 294207 0 203459 90748 32274 0 32274 0 29781624 0 0 29781624 29872372 0 Accrued Interest 2220382 Retainage Payable 1987258 4207640 X 1000 0 0 0 0 0 1000 0 767706 767706 768706 1589717 0 0 0 0 0 1589717 0 2552222 2552222 4141939 Schedule D, Part IV, Line 2b FUTURE RESIDENT DEPOSITS Schedule D, Part X, Line 2 The Company analyzed its tax positions for the years ended June 30, 2019 and 2018 and determined that there were no uncertain tax positions that would have a material impact on the Company's financial statements. Schedule D, Part XI, Line 4b INVESTMENT INCOME Schedule D, Part XII, Line 4b ADDITIONAL INTEREST EXPENSE NOT BOOKED ON AUDITED FINANCIAL STATEMENTS A DEVELOPMENT AUTHORITY OF FLOYD COUNTY 237182908 343572AE3 2018-11-16 81930000 CONSTRUCTION BONDS 0 0 0 B DEVELOPMENT AUTHORITY OF FLOYD COUNTY 237182908 343572AE3 2018-11-16 37750000 CONSTRUCTION BONDS 0 0 0 A 0 0 80801363 14209024 0 0 2051840 0 0 64540499 0 0 0 0 1 1 B 0 0 601250 0 0 0 0 0 0 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 Form 990, Part VI, Section A, Line 3 DAILY DEVELOPMENT FUNCTIONS ARE PROVIDED THROUGH GREENBRIER DEVELOPMENT, LLC. Form 990, Part VI, Section B, Line 11b THE 990 WAS INITIALLY REVIEWED BY THE TREASURER, AFTER APPROVAL THE 990 WAS PROVIDED TO THE BOARD MEMBERS FOR REVIEW, COMMENT AND APPROVAL PRIOR TO SUBMITTING THE RETURN TO THE IRS. Form 990, Part VI, Section B, Line 12c THE BOARD MEMBERS ARE REQUIRED TO ACKNOWLEDGE AND DISCLOSE ANY CONFLICT OF INTEREST ANNUALLY. THE INDIVIDUAL BOARD MEMBERS REALIZE THEIR FIDUCIARY DUTY TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST SO THAT THE BOARD CAN DETERMINE THE APPROPRIATE COURSE OF ACTION SHOULD A CONFLICT ARISE. Form 990, Part VI, Section B, Line 15 THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY EMPLOYEES BUT THE BOARD OF DIRECTORS DID UTILIZE COMPARABLE DATA WHEN DETERMINING THE RATES PAID TO CONSULTANTS TO SERVE IN SIMILAR ROLES DURING THE DEVELOPMENT OF THE PROJECT. Form 990, Part VI, Section C, Line 19 THE COMPANY MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 NON CAPITALIZATION OF INTEREST EARNINGS AND EXPENSE ON CONSTRUCTION