2017-02-07T09:43:38-06:00 2016-06-30 SMITH & HOWARD PC 271 17TH STREET SUITE 1600 ATLANTA GA 30363 990 2015-07-01 581416841 LENBROOK SQUARE FOUNDATION INC % DANIEL DORNBLASER LENB 4042333000 3747 PEACHTREE ROAD NE ATLANTA GA 30319 DANIEL DORNBLASER CFO 4042333000 2017-02-15 true MARC AZAR P00746804 4048746244 2017-02-15 2015 2021-01-29 14:40:06Z CHRISTOPHER KEYSOR CEO 3747 PEACHTREE RD NE ATLANTA GA 30319 32738752 false X www.lenbrook-atlanta.com X 1980 GA To enable our residents to enjoy the gifts of independence, good health, and personal fulfillment to the fullest extent possible through Lenbrook's many programs and services. 10 10 302 0 0 0 297170 400943 30514202 32080109 129165 -111208 -2746 0 30937791 32369844 0 0 0 0 10925630 11743372 60000 60000 80608 21587935 21696789 32573565 33500161 -1635774 -1130317 179620536 182251907 251157794 254500105 -71537258 -72248198 X MISSION: TO ENABLE OUR RESIDENTS TO ENJOY THE GIFTS OF INDEPENDENCE, GOOD HEALTH, AND PERSONAL FULFILLMENT TO THE FULLEST EXTENT POSSIBLE THROUGH LENBROOK'S MANY PROGRAMS AND SERVICES. VISION: TO BE RECOGNIZED AS THE MOST DESIRABLE SENIOR LIVING COMMUNITY IN THE SOUTHEAST. THIS IS BECAUSE LENBROOK LEADS THE WAY BY PROVIDING OUTSTANDING RESIDENT SERVICES AND AWARD WINNING FACILITIES UNIQUELY ALIGNED TO ENRICH AND FULFILL THE DIVERSE NEEDS OF A VIBRANT ADULT COMMUNITY IN ONE ELEGANT SETTING. false false 30213254 32080109 GENERAL OPERATION OF CONTINUING CARE FACILITY PROVIDING HOUSING AND SERVICES FOR THE ELDERLY, AVERAGING 492 RESIDENTS PER DAY. THE COMMUNITY INCLUDES A 17-STORY BUILDING CONTAINING 213 RESIDENTIAL UNITS, A 16 UNIT ASSISTED LIVING WING, A 24-STORY BUILDING CONTAINING 140 RESIDENTIAL UNITS AND A 60-BED SKILLED NURSING CARE UNIT, ALONG WITH VARIOUS ADMINISTRATIVE, DINING AND RECREATIONAL AMENITIES. . . 30213254 true true false false false false false false false true true false false false true true true false false false false false false true false false false false false true true false false false false false false false false false false false false false false false true false false false true 71 0 true 302 true true true false false false false false false false false false X 10 10 false false false false false false false true true false false true true true true true true true true false GA X DANIEL DORNBLASER 4042333000 3747 PEACHTREE RD NE ATLANTA GA 30319 X JOHN S DAY PAST CHAIR 6.0 0.0 X 6000 0 0 MARK KILL CHAIR 3.0 0.0 X 5500 0 0 JERRY WARSHAW DIRECTOR-SECRETARY 2.0 0.0 X 6000 0 0 DEBBIE BISHOP DIRECTOR 2.0 0.0 X 6000 0 0 SHARI CAMPBELL LOTZ DIRECTOR 1.5 0.0 X 2500 0 0 RICHARD GROVES DIRECTOR 2.0 0.0 X 6000 0 0 EUGENE HAYES III DIRECTOR 1.0 0.0 X 6000 0 0 LOUIS M RAWLS DIRECTOR 0.5 0.0 X 2000 0 0 KAREN D HENDRIX DIRECTOR 1.0 0.0 X 3000 0 0 GLENN JACKSON DIRECTOR 2.0 0.0 X 6000 0 0 DAVID H WILLIAMS JR DIRECTOR 2.0 0.0 X 6000 0 0 CHRISTOPHER KEYSOR CEO 40.0 0.0 X 343653 0 22674 DANIEL DORNBLASER CFO 40.0 0.0 X 231913 0 24734 FELICIA SVEDA VP OPERATIONS/HOSPITALITY 40.0 0.0 X 191661 0 3638 MICHAEL MCDANIEL VP COMMUNITY SVC 40.0 0.0 X 150282 0 23073 JUDITH ELLIS DIRECTOR OF HR 40.0 0.0 X 146832 0 9319 BARBARA HELMS DIRECTOR OF ACCOUNTING 40.0 0.0 X 112822 0 8647 LISA KIELY DIRECTOR OF ENRICHMENT 40.0 0.0 X 111981 0 20664 ALLISON COLLIER SR MGR SALES/RESIDENCY 40.0 0.0 X 103199 0 22394 PATRICIA NELSON DIRECTOR OF NURSING 40.0 0.0 X 101925 0 13651 1549268 0 148794 9 false true false MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 30368 DINING SERVICES/MGT 2421574 ABM HEALTHCARE SUPPORT SERVICES PO BOX 935695 ATLANTA GA 31193 HOUSEKEEPING 1436980 HERITAGE HEALTHCARE LLC 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY SERVICES 600059 JIM CRONIC PAINTING 880 CORLEY RD NW CONYERS GA 30012 PAINTING 248430 AMERIPARK 1640 POWERS FERRY RD BLDG 5 200 MARIETTA GA 30067 VALET PARKING 156224 13 X 400943 350 400943 MONTHLY SVC FEE 623000 18592686 18592686 HEALTH CARE REVENUE 623000 6517487 6517487 DEFD REV FROM ADVANCE FEES 623000 3544416 3544416 MEAL REVENUE 623990 2643834 2643834 BEAUTY SHOP REVENUE 623000 248117 248117 533569 533569 32080109 252470 252470 0 0 0 0 0 5230 3907 365001 1323 -365001 -363678 -365001 1323 0 0 0 0 32369844 31715108 0 253793 0 0 0 0 739548 108583 610357 20608 0 9077089 7775877 1301212 111526 95539 15987 1112985 998724 114261 702224 582624 119600 0 12086 12086 57538 57538 0 60000 60000 0 3327599 2891866 435733 189202 189202 846206 721136 125070 88512 88512 0 3017409 3017409 98631 85045 13586 0 0 5013469 5013469 0 5781888 5781888 0 FOOD 1566988 1566988 THERAPY/XRAYS 736409 736409 ACTIVITIES 390377 364773 25604 AMORTIZATION OF FINANCING COST 205662 205662 364813 267262 97551 33500161 30213254 3206299 80608 X 681 625 37525529 49000701 35000 100000 637698 466372 0 0 0 0 0 297862 39823 43162 177263 152462 186256495 55947502 132551889 130308993 6400281 0 75719 66332 0 0 0 0 2176653 1815398 179620536 182251907 4778318 4294192 0 0 149310789 154565926 96549517 95113011 0 0 0 0 0 0 0 0 519170 526976 251157794 254500105 X -72168184 -72801674 630926 553476 0 0 -71537258 -72248198 179620536 182251907 X -1130317 419377 X false true X true false X 356401 348726 315405 297170 400943 1718645 26875942 29782609 28484200 30514202 32080110 147737063 0 0 0 27232343 30131335 28799605 30811372 32481053 149455708 0 0 0 0 0 0 0 149455708 309142 308917 307675 322239 252470 1500443 0 309142 308917 307675 322239 252470 1500443 2339 2439 4778 0 27543824 30442691 29107280 31133611 32733523 150960929 0.99003 0.98902 0.00994 0.01095 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 630926 335424 412874 553476 617510 286192 272776 630926 598581 299861 280932 617510 549051 297548 248018 598581 438254 354851 244054 549051 1.00000 false false 6781229 6781229 155404485 42176257 113228228 15671781 9346570 6325211 2776990 2428584 348406 5622010 1996091 3625919 130308993 0 PRIORITY RESERVATION AGREEMT 526976 526976 X 32789221 419377 419377 32369844 32369844 33500161 33500161 33500161 USES FOR ENDOWMENT FUNDS THERE ARE 4 SEPARATE ACCOUNTS THAT ARE RESTRICTED FOR USE FOR EITHER CAPITAL IMPROVEMENTS AND RESIDENT-DIRECTED FOR ITEMS SUCH AS LIBRARY ADDITIONS, RESIDENT BENEVOLENCE AND EMPLOYEE SUPPORT. ASC 740 THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION ANNUALLY EVALUATES ALL FEDERAL AND STATE INCOME TAX POSITIONS. THIS PROCESS INCLUDES AN ANALYSIS OF WHETHER THESE INCOME TAX POSITIONS MEET THE DEFINITION OF AN UNCERTAIN TAX POSITION UNDER THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS CODIFICATION. IN THE NORMAL COURSE OF BUSINESS, THE FOUNDATION IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAXING AUTHORITIES. IN GENERAL, THE FOUNDATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR TAX YEARS ENDING BEFORE JUNE 30,2013. X X X X true SUDDES PARTNERS CONSULTING false 60000 60000 GA X X X X X X false false false false false false false true false CHRISTOPHER KEYSOR CEO 292543 0 51110 0 0 0 6804 0 16463 0 366920 0 0 0 DANIEL DORNBLASER CFO 193356 0 38557 0 0 0 4655 0 20672 0 257240 0 0 0 FELICIA SVEDA VP OPERATIONS/HOSPITALITY 162376 0 29285 0 0 0 3638 0 538 0 195837 0 0 0 MICHAEL MCDANIEL VP COMMUNITY SVC 127148 0 23134 0 0 0 2994 0 20635 0 173911 0 0 0 JUDITH ELLIS DIRECTOR OF HR 126141 0 20691 0 0 0 2989 0 6920 0 156741 0 0 0 SCHEDULE J, PART 1, LINE 7 COMPENSATION-NON-FIXED PAYMENTS: THE ORGANIZATION PAID A BONUS TO CERTAIN OFFICERS AND HIGHLY COMPENSATED INDIVIDUALS REPORTED ON FORM 990, PART VII, SECTION A. A RES CARE FACIL FOR THE ELDERLY AUTH FULTON CTY GA 521374290 360058EW7 2006-12-31 171011386 SEE SUPPLEMENTAL INFORMATION false false false A 77555000 0 181823190 6415014 19160009 0 2793598 1519684 1811812 131359119 0 0 2009 true false true true A false true true true false 0.00200 0.00200 false false false true A false false false true true true DEUSTSCHE BANK 3.2 false false true SEE PART VI 10.5 true true true A true SCHEDULE K, PARTS I A PART I, A: ISSUER NAME RESIDENTIAL CARE FACILITIES FOR THE ELDERLY AUTHORITY OF FULTON COUNTY (GEORGIA) COL. F: DESCRIPTION OF PURPOSE 1) ACQUISITION, CONSTRUCTION, FURNISHING AND EQUIPPING OF RENOVATION AND EXPANSION OF THE ORGANIZATION'S SENIOR LIVING FACILITY; 2) CURRENTLY REFUND THE ORGANIZATION'S 1996 BONDS ORIGINALLY ISSUED ON OCTOBER 18, 1996; AND 3) CURRENTLY REFUND OUTSTANDING TAXABLE LINES OF CREDIT OF THE ORGANIZATION. SCHEDULE K, PART II, LINE 3 PART II, LINE 3: TOTAL PROCEEDS OF ISSUE AS OF 6/30/2016 ARE $181,823,190, WHICH ARE SALE PROCEEDS OF $171,011,386 PLUS INVESTMENT EARNINGS OF $10,811,804. EXCLUDED ARE TRANSFERRED PROCEEDS FROM THE DEBT SERVICE RESERVE FUND FOR THE 1996 BONDS OF $1,869,000 WHICH WERE USED TO CURRENTLY REFUND THE 1996 BONDS. SCHEDULE K, PART II, LINE 6 PART II, LINE 6: THE CURRENT REFUNDING ESCROW OF $18,272,462 WAS EXPENDED ON 12/29/2006. SCHEDULE K, PART II, LINE 9 . PART II, LINE 9: SUCH PROCEEDS WERE DEPOSITED IN THE OPERATING RESERVE FUND AND WERE USED TO PAY OPERATING EXPENSES IN AN AMOUNT LESS THAN FIVE PERCENT [5%] OF THE SALE PROCEEDS DIRECTLY RELATED TO CAPITAL EXPENDITURES FINANCED BY THE 2006 BONDS. SCHEDULE K, PART II, LINE 10 PART II, LINE 10: CAPITAL EXPENDITURES FROM PROCEEDS OF $131,359,119 DO NOT INCLUDE CAPITALIZED INTEREST OF $19,160,009. SCHEDULE K, PART III, LINE 2 PART III, LINE 2: THE ORGANIZATION HAS A LEASE ARRANGEMENT WITH A BEAUTY SALON PROVIDER. THE APPROXIMATE SPACE OCCUPIED BY THE PROVIDER RELATIVE TO THE TOTAL BOND-FINANCED PROPERTY IS LESS THAN 0.2%. SCHEDULE K, PART III, LINE 3A PART III, LINE 3A: THE ORGANIZATION HAS DETERMINED THAT ITS MANAGEMENT OR SERVICE CONTRACTS MEET THE SAFE HARBOR UNDER REV. PROC. 97-13, 1997-1 C.B. 632. SCHEDULE K, PART III, LINE 9, PART V . . PART III, LINE 9, PART V: THE ORGANIZATION ADOPTED WRITTEN SPECIFIC MANAGEMENT PRACTICES AND PROCEDURES TO ENSURE THE POST-ISSUANCE COMPLIANCE OF ITS TAX-EXEMPT BOND LIABILITIES ON DECEMBER 4, 2013. SCHEDULE K, PART IV, LINE 2C THE ARBITRAGE REBATE AND YIELD RESTRICTION CALCULATION REPORT FOR THE COMPUTATION PERIOD FREOM 12/31/2006 TO 12/13/2011 WAS PERFORMED ON 1/19/2012. SCHEDULE K, PART IV, LINE 4E PART IV, LINE 4E: ACCORDING TO ITS TERMS, THE HEDGE TERMINATED ON FEBRUARY 28, 2010. SCHEDULE K, PART IV, LINES 5B AND 5C LINES 5B AND 5C: A PORTION OF GROSS PROCEEDS WAS INVESTED IN FOUR GICS: 1. GIC PROVIDER: DEPFA BANK PLC; TERM OF GIC was 10.5 YEARS, BUT GIC WAS TERMINATED EARLY ON AUGUST 6, 2015. ----------------------------------------------------------------------- 2. GIC PROVIDER: TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY, TERM OF GIC: 1.5 YEARS ----------------------------------------------------------------------- 3. GIC PROVIDER: TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY, TERM OF GIC: 1.4 YEARS ------------------------------------------------------------------------ 4. GIC PROVIDER: TRANSAMERICA OCCIDENTAL LIFE INSURANCE COMPANY, TERM OF GIC: 2.5 YEARS FORM 990 REVIEW PROCESS-FORM 990, PART VI, SEC B, LINE 11A THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CFO, CEO, ACCOUNTING DIRECTOR AND MEMBERS OF THE FINANCE COMMITTEE. CHANGES ARE MADE, IF APPLICABLE, AND A COPY OF THE REVIEWED FORM 990 IS DISTRIBUTED TO BOARD MEMBERS PRIOR TO FILING. CONFLICT OF INTEREST POLICY-FORM 990, PART VI, SEC B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH DEFINES A CONFLICT OF INTEREST, EXPLAINS HOW DISCLOSURE OF POTENTIAL CONFLICTS SHOULD BE FACILITATED AND THE PROCEDURES TO MANAGE CONFLICTS. ANNUALLY, BOARD MEMBERS ARE REQUIRED TO REAFFIRM IN WRITING THEIR INTEREST TO CONTINUE ON THE BOARD AND THEIR KNOWLEDGE OF OUR CONFLICT OF INTEREST POLICY AND RECUSAL FORM IF THEY PERCEIVE THEY MAY HAVE A POTENTIAL CONFLICT. COMPENSATION POLICY-FORM 990, PART VI, SEC B, LINE 15A AND 15B THE ORGANIZATION HAS A COMPENSATION POLICY FOR OFFICERS AND KEY EMPLOYEES WHICH OUTLINES THE REVIEW AND APPROVAL PROCESS, THE USE OF COMPARABLE DATA AND THE RECORDING OF COMPENSATION DECISIONS. THE COMPENSATION COMMITTEE OF THE BOARD REVIEWS AND APPROVES RECOMMENDATIONS OF COMPENSATION FOR KEY EMPLOYEES, COMPARABLE MARKET DATA AND LENBROOK'S COMPENSATION PLAN. INFORMATION AVAILABLE TO PUBLIC-FORM 990, PART VI, SEC C, LINE 19 THE ORGANIZATION PROVIDES A COPY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. DOCUMENTS ARE MADE AVAILABLE BY ARRANGEMENT WITH THE INDIVIDUAL. CHARITABLE REMAINDER TRUST (1) INVESTMENT GA DL HagertyTtee false false false false false false false false false false false false false false false false false false false