2025-09-16T09:39:00-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 5001 SPRING VALLEY ROAD SUITE 600W DALLAS TX 75244 990 2024-01-01 510190369 PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING PRES 2143559001 8600 SKYLINE DRIVE DALLAS TX 75243 STEVE AILEY CHIEF FINANCIAL OFFICER 2143559001 2025-09-15 1 0 RAHIM HABIB P01912003 9723835700 2025-09-15 2024 2025-03-06 01:10:19Z PRESBYTERIAN VILLAGE NORTH TIM MALLAD 12467 MERIT DRIVE DALLAS TX 75251 52024521 0 X HTTPS://WWW.FOREFRONTLIVING.ORG/ X 1980 TX PRESBYTERIAN VILLAGE NORTH (PVN), AS A MEMBER OF THE FOREFRONT LIVING FAMILY OF NON-PROFIT ORGANIZATIONS, HAVE A MISSION TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES. PVN, A CONTINUING CARE RETIREMENT COMMUNITY FOUNDED IN 1980 AND LOCATED ON 66 BEAUTIFUL, GARDEN-LIKE ACRES, PROVIDES A FULL RANGE OF RESIDENTIAL CHOICES AND CARE OPTIONS, INCLUDING RESIDENTIAL LIVING, ASSISTED LIVING, SKILLED NURSING, REHABILITATION, AND ALZHEIMER'S, DEMENTIA, AND OTHER LONG-TERM CARE. 10 10 605 34 0 0 312435 168730 43720910 48917563 1641106 2063583 199160 874645 45873611 52024521 322901 168730 0 0 21648248 23444467 0 0 0 33893731 34234556 55864880 57847753 -9991269 -5823232 221473510 228408075 241413900 252424915 -19940390 -24016840 PRESBYTERIAN VILLAGE NORTH (PVN), AS A MEMBER OF THE FOREFRONT LIVING FAMILY OF NON-PROFIT ORGANIZATIONS, PLEDGES TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES. 0 0 14502839 49751 14423629 PROVIDE SKILLED NURSING, ALZHEIMER'S AND DEMENTIA CARE TO OUR COMMUNITY RESIDENTS AND OUTPATIENT THERAPY CLIENTS INCLUDING 88 SKILLED NURSING BEDS. 21634380 74215 21516221 RETIREMENT AND OTHER RELATED SERVICES FOR INDEPENDENT LIVING. 13048982 44764 12977713 PROVIDE ASSISTED LIVING SERVICES IN 145 RESIDENCES. 49186201 1 1 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 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 211 0 605 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X STEVEN AILEY 2144131561 12467 MERIT DRIVE DALLAS TX 75251 WILLIAM W DAVIS TRUSTEE 1.00 3.00 X 0 0 0 CORNELIUS NEIL FOOTE CHAIRMAN 1.00 3.00 X X 0 0 0 REBECCA GRUCHALLA MD TRUSTEE 1.00 3.00 X 0 0 0 KEVIN JACKSON TRUSTEE 1.00 3.00 X 0 0 0 BRAD NITSCHKE TRUSTEE 1.00 3.00 X 0 0 0 NOE HINOJOSA TRUSTEE 1.00 3.00 X 0 0 0 LAURA H WRIGHT SECRETARY 1.00 3.00 X X 0 0 0 DAVID ASHWORTH TRUSTEE 1.00 3.00 X 0 0 0 ELIZABETH DISCH TRUSTEE 1.00 3.00 X 0 0 0 DOUG HAWTHORNE TRUSTEE 1.00 3.00 X 0 0 0 TIMOTHY MALLAD CHIEF EXECUTIVE OFFICER 1.00 39.00 X 0 654285 59739 STEVEN AILEY CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 388505 26375 SCOTT POLZIN CHIEF OPERATING OFFICER 1.00 39.00 X 0 365059 17183 JANELLE BERTOLINO CHIEF STRATEGY OFFICER 1.00 39.00 X 0 273064 19362 DUSTIN ALLEN EXECUTIVE DIRECTOR - PVN 40.00 0.00 X 208251 0 32284 HEATHER J LOGAN CONTROLLER 1.00 39.00 X 0 200932 50593 KEO K VELASQUEZ CORP DR OPERATIONS HOSPITALITY 1.00 39.00 X 0 193120 23507 HEATHER PORCH DIRECTOR OF MARKETING - PVN 40.00 0.00 X 185846 0 19402 KRISTEN JORDAN EXECUTIVE DIRECTOR - OAW 0.00 40.00 X 0 208757 243 394097 2283722 248688 2 0 1 0 THOMAS CUISINE MANAGEMENT 700 E FRANKLIN RD MERIDIAN ID 83642 FOOD SERVICE MANAGEMENT 2742248 AMC CONSTRUCTION LLC 2931 RIDGE ROAD ROCKWALL TX 75032 CONSTRUCTION SERVICES 1803156 JOHN R RIGNEY DBA RIGNEY CONSTRUCTION 212 MOCKINGBIRD LANE HEATH TX 75032 CONSTRUCTION SERVICES 1709734 ANSTEY HODGE ADVERTISING GROUP INC 120 COMMONWEALTH AVENUE ROANOKE VA 24016 MARKETING CONSULTING SERVICES 973982 SPSD INC 2681 E LAMAR BLVD ARLINGTON TX 76011 LANDSCAPE MANAGEMENT 779202 20 76064 92666 168730 RESIDENT REVENUE 623000 46649607 46649607 AMORTIZATION OF DEF TENANT REV 623000 2267956 2267956 48917563 1791570 1791570 272013 272013 OTHER RESIDENTAL REVENUES 623000 329669 329669 TV / INTERNET REVENUE 623000 198197 198197 MISC. REVENUE 623000 154059 154059 192720 192720 874645 52024521 48917563 0 2938228 168730 168730 18465656 15542495 2923161 348733 293528 55205 3162037 2661478 500559 1468041 1235646 232395 2855655 2855655 32325 32325 24509 24509 91274 91274 3445515 1898820 1546695 1048138 1048138 86300 73457 12843 784398 667663 116735 2010595 1711376 299219 137621 117140 20481 31548 26853 4695 6758970 6246367 512603 10544641 9744931 799710 1592229 1484313 107916 FOOD 1870054 1870054 MAINTENANCE & EQUIPMENT 907402 838584 68818 MEDICAL 785711 785711 SUPPLIES 774127 658920 115207 453544 304480 149064 57847753 49186201 8661552 0 26824955 26443543 15579416 18025313 1774809 1896114 88633 90271 537445 600862 225109469 79643490 151138569 145465979 15391112 26592637 1000000 1000000 9138571 8293356 221473510 228408075 4338475 3941249 12080875 12084429 126851236 125260943 98143314 111138294 241413900 252424915 X -24188668 -29086098 4248278 5069258 -19940390 -24016840 221473510 228408075 X -5823232 925802 820980 X X 0 1 X 1 0 X 1321969 6624814 739198 312435 168730 9167146 39606499 38023052 39339766 43720910 48917563 209607790 720586 720586 40928468 44647866 40078964 44033345 49806879 219495522 0 0 0 219495522 379416 536384 1143700 1641106 2063583 5764189 379416 536384 1143700 1641106 2063583 5764189 1995080 1742303 478129 199160 154059 4568731 43302964 46926553 41700793 45873611 52024521 229828442 0.95500 0.95000 0.02510 0.01850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 1,598,416. 2021 AMOUNT: $ 346,409. 2022 AMOUNT: $ 172,124. 2023 AMOUNT: $ 173,785. 2024 AMOUNT: $ 154,059. GUEST HOUSING RENTAL - 2020 AMOUNT: $ 400. 2021 AMOUNT: $ 2,300. 2022 AMOUNT: $ 10,300. 2023 AMOUNT: $ 25,375. INSURANCE SETTLEMENTS - 2020 AMOUNT: $ 396,264. 2021 AMOUNT: $ 1,393,594. 2022 AMOUNT: $ 295,705. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3983134 3983134 190174612 68495551 121679061 8950585 3223749 5726836 13167862 4742693 8425169 8833276 3181497 5651779 145465979 DUE TO RELATED PARTY 88334 REFUNDABLE TENANT DEPOSITS 111049960 111138294 X 52690319 925802 925802 51764517 91274 168730 260004 52024521 57587749 0 57587749 91274 168730 260004 57847753 PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION REPORTS ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES AND FILES ALL PROPER RETURNS RELATED TO THESE ACTIVITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE NETTED WITH REVENUES ON F/S 168,730. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE NETTED WITH REVENUES ON F/S 168,730. 1 SUPPLEMENTAL ASSISTANCE 3 168730 PART I, LINE 2: THE ORGANIZATION PROVIDES ASSISTANCE TO RESIDENTS OF ITS CCRC CAMPUS WHO REACH FINANCIAL HARDSHIP AND ARE UNABLE TO PAY A PORTION OF THEIR MONTHLY FEES. AN APPLICATION FOR ASSISTANCE IS COMPLETED AND SUBMITTED TO THE EXECUTIVE DIRECTOR AND COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO PROVIDING ASSISTANCE. THE RESIDENT'S FINANCIAL CIRCUMSTANCES ARE PERIODICALLY REVIEWED TO DETERMINE IF THE RESIDENT STILL QUALIFIES FOR ASSISTANCE. 0 1 0 0 0 0 0 0 0 TIMOTHY MALLAD CHIEF EXECUTIVE OFFICER 0 438910 0 215375 0 0 0 12075 0 47664 0 714024 0 0 STEVEN AILEY CHIEF FINANCIAL OFFICER 0 270499 0 118006 0 0 0 11188 0 15187 0 414880 0 0 SCOTT POLZIN CHIEF OPERATING OFFICER 0 256328 0 108731 0 0 0 12075 0 5108 0 382242 0 0 JANELLE BERTOLINO CHIEF STRATEGY OFFICER 0 263789 0 9275 0 0 0 1226 0 18136 0 292426 0 0 HEATHER J LOGAN CONTROLLER 0 195870 0 5062 0 0 0 7478 0 43115 0 251525 0 0 DUSTIN ALLEN EXECUTIVE DIRECTOR - PVN 180716 0 27535 0 0 0 5383 0 26901 0 240535 0 0 0 KEO K VELASQUEZ CORP DR OPERATIONS HOSPITALITY 0 164159 0 28961 0 0 0 0 0 23507 0 216627 0 0 KRISTEN JORDAN EXECUTIVE DIRECTOR - OAW 0 189757 0 19000 0 0 0 243 0 0 0 209000 0 0 HEATHER PORCH DIRECTOR OF MARKETING - PVN 88396 0 97450 0 0 0 6694 0 12708 0 205248 0 0 0 PART I, LINE 4B FOREFRONT LIVING MAINTAINS A 457(F) NONQUALIFIED DEFERRED COMPENSATION RETIREMENT PLAN. DURING 2024 TIM MALLAD CONTRIBUTED $21,934, STEVE AILEY CONTRIBUTED $13,616, AND SCOTT POLZIN CONTRIBUTED $12,546, RESPECTIVELY. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UEV2 2018-10-18 92714638 REFINANCE 2014 BONDS ISSUED 12/11/14 & CAPITAL EXPENDITURES & CONSTRUCTION 0 0 0 B NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORPORATION 261604618 64542UFL3 2020-11-12 76423274 CONSTRUCTION OF NEW INDEPENDENT LIVING RESIDENCES 0 0 0 A 8720000 92714638 6160661 1850540 5172892 79530545 2020 1 0 1 1 B 31358274 76423274 2423275 1475795 72523814 2022 0 0 1 1 A 0 0 1 1 0 0.01310 0.00000 0.01310 0 0 1 B 0 0 1 1 0 0.01170 0.00000 0.01170 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 3 ON 5/1/2008, FOREFRONT LIVING WAS FORMED TO PROVIDE MANAGEMENT AND SHARED SERVICES TO PRESBYTERIAN VILLAGE NORTH AND OTHER AFFILIATED ORGANIZATIONS. FORM 990, PART VI, SECTION A, LINE 6 PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING HAS ONE MEMBER -- FOREFRONT LIVING. FORM 990, PART VI, SECTION A, LINE 7A FOREFRONT LIVING SELECTS THE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER, FOREFRONT LIVING, HAS THE AUTHORITY TO MAKE GOVERNANCE DECISIONS ON BEHALF OF PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CFO WILL REVIEW THE DRAFT REPORT. THE DRAFT REPORT WILL BE REVIEWED AND APPROVED BY THE AUDIT COMMITTEE AND A COPY OF THE REPORT WILL BE PROVIDED TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A COMPLIANCE OFFICER (CO) WHO REVIEWS ALL TRANSACTIONS OF THE ORGANIZATION THAT MAY RESULT IN A CONFLICT OF INTEREST. THE CO DETERMINES IF THE TRANSACTION WOULD RESULT IN UNDUE INFLUENCE AS A RESULT OF THE RELATIONSHIP AND NOT BE PURSUED. THE CO REPORTS ALL CONFLICTS OF INTEREST TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS A COMPENSATION COMMITTEE THAT REVIEWS THE CURRENT COMPENSATION WITH AN OUTSIDE CONSULTANT WHICH INCLUDES COMPARISONS TO LIKE ENTITIES AND SALARY SURVEYS. THE COMPENSATION COMMITTEE RECOMMENDS CHANGES TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN NET ASSETS OF FOREFRONT LIVING FOUNDATION -31,372. CHANGE IN NET ASSETS OF OTHER FOUNDATIONS 852,352. FORM 990, PART XII, LINE 2C THE ORGANIZATION DOES HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. NEITHER THE OVERSIGHT PROCESS NOR THE SELECTION PROCESS HAS CHANGED DURING THE FILING YEAR. FOREFRONT LIVING 12467 MERIT DRIVE DALLAS TX 75251 261459224 SHARED SERVICES MANAGEMENT TX 501(C)(3) LINE 12B, II N/A 0 FOREFRONT LIVING HOSPICE 12477 MERIT DRIVE DALLAS TX 75251 751094140 HOSPICE SERVICES TX 501(C)(3) LINE 10 FOREFRONT LIVING 0 FOREFRONT LIVING FOUNDATION 12467 MERIT DRIVE DALLAS TX 75251 751910084 FOUNDATION FOR AFFILIATES TX 501(C)(3) LINE 7 FOREFRONT LIVING 0 THE OUTLOOK AT WINDHAVEN FOREFRONT LIVING 12477 MERIT DRIVE DALLAS TX 75251 851339418 CCRC TX 501(C)(3) LINE 10 FOREFRONT LIVING 0 BELLA VIDA FOREFRONT LIVING 12477 MERIT DRIVE DALLAS TX 75251 872465887 FUTURE DEVELOPMENT TX 501(C)(3) LINE 10 FOREFRONT LIVING 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0