2017-10-26T07:40:18-05:00 2016-12-31 650437100 BOBBITT PITTENGER & COMPANY PA 1605 MAIN STREET SUITE 1010 SARASOTA FL 34236 990 2016-01-01 593472733 THE GLENRIDGE ON PALMER RANCH INC GLEN 9415525300 7333 SCOTLAND WAY SARASOTA FL 32210 JAMES W CATER JR CEO 9415525300 2017-10-26 1 KIMBALL R BOBBITT P00366902 9413664450 2017-10-11 96.85.240.181 2017-10-26 08:39:56 ED P 3AF698F95B8D0FD4192A5734B898163FF15C4D18 3AF698F95B8D0FD4192A5734B898163FF15C4D18 2016 2021-01-29 14:40:06Z JAMES W CATER JR 7333 SCOTLAND WAY SARASOTA FL 32210 32864164 0 X WWW.THEGLENRIDGE.COM X 1997 FL THE GLENRIDGE SUPPORTS ITS MEMBERS AND CREATES AN ACTIVE, CARING COMMUNITY BY PROVIDING A CONTINUUM OF QUALITY LIFESTYLE PROGRAMS, HEALTH CARE PROGRAMS, AND OUTSTANDING ENRICHMENT OPPORTUNITIES. 7 7 455 0 18222 -26927 114959 91823 33041686 32506718 24597 127873 21644 18222 33202886 32744636 0 0 0 0 11340634 11923568 0 0 0 23757993 22074796 35098627 33998364 -1895741 -1253728 134254818 134568873 234464948 234950637 -100210130 -100381764 THE GLENRIDGE SUPPORTS ITS MEMBERS AND CREATES AN ACTIVE, CARING COMMUNITY BY PROVIDING A CONTINUUM OF QUALITY LIFESTYLE PROGRAMS, HEALTH CARE PROGRAMS, AND OUTSTANDING ENRICHMENT OPPORTUNITIES. 0 0 20895219 32506718 THE GLENRIDGE HAS A PERMANENT CERTIFICATE OF AUTHORITY AND CERTIFICATE OF NEED FROM THE STATE OF FLORIDA TO OPERATE AS A CONTINUING CARE RETIREMENT FACILITY. THE GLENRIDGE CONSTRUCTED A CONTINUING CARE RETIREMENT COMMUNITY CONTAINING APPROXIMATELY THREE HUNDRED NINETY-TWO (392) LIVING AND NURSING UNITS TO PROVIDE HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS IN SARASOTA, FL. 20895219 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 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 1 0 0 0 1 0 0 1 455 1 1 1 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 0 0 FL X THE ORGANIZATION 9415525300 7333 SCOTLAND WAY SARASOTA FL 32210 X LEE HINKLE BOARD MEMBER 1.00 X 0 0 0 STEPHEN WAYNE STOTTLEMYER CHAIRMAN 1.00 X X 0 0 0 MARVIN ELLIOTT GROSS TREASURER 1.00 X X 0 0 0 VIRGINIA MARIE JUDGE SECRETARY 1.00 X X 0 0 0 DR RICHARD REHMEYER BOARD MEMBER 1.00 X 0 0 0 DONALD GEHLBACH BOARD MEMBER 1.00 X 0 0 0 CHARLES FAIST BOARD MEMBER 1.00 X 0 0 0 JAMES W CATER JR CEO 40.00 X 0 0 0 LISA K SNYDER DIRECTOR OF LIFE PLANNING 40.00 X 141637 0 0 ROBERT D SIDLOW LIFE PLAN CONSULTANT 40.00 X 116867 0 0 GARRY FRANKO DIRECTOR OF DINING SERVICES 40.00 X 104600 0 0 363104 0 0 3 0 0 0 TAYLOR BUILT CONSTRUCTION INC 5020 CLARK RD 506 SARASOTA FL 34233 CONSTRUCTION 1654205 J2 SOLUTIONS INC 1505 TAMIAMI TRAIL SOUTH STE 404 VENICE FL 34285 CONSTRUCTION 1303538 PRAXEIS LLC 4250 LAKESIDE DRIVE SUITE 214 JACKSONVILLE FL 32210 MANAGEMENT/SALES 1179963 AIR MECHANICAL & SERVICE CORP PO BOX 153179 TAMPA FL 33684 CONSTRUCTION 628179 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 72902 THERAPY SERVICES 592893 5 91823 91823 RESIDENT SERVICES 623000 18806801 18806801 AMORTIZATION OF ADVANCE FEES 623000 6442312 6442312 HEALTHCARE SERVICES 623000 6429437 6429437 OTHER SERVICES 623000 828168 828168 32506718 247401 247401 2600 0 2600 2600 2600 119528 -119528 -119528 -119528 THEATRE TICKET SALES 711190 15622 15622 15622 32744636 32506718 18222 127873 9739567 8424352 1315215 1479607 1323926 155681 704394 623346 81048 1114308 1114308 81591 81591 44388 44388 147545 91143 56402 439965 66419 373546 65369 19089 46280 251522 23128 228394 1837495 1792740 44755 60363 11336 49027 2892 2391 501 28565 20830 7735 8431569 8431569 4917318 4917318 613129 613129 RESIDENT SUPPLIES 1456710 1456710 CONTRACT SERVICES 1015704 1015704 RESIDENT PROGRAMS 323927 323927 MEDICAL SUPPLIES 299909 299909 942527 482951 459576 33998364 20895219 13103145 0 5359657 3685726 3222295 3741941 75920 77152 709627 481788 160905004 57251332 102085428 103653672 2930096 2938007 19871795 19990587 134254818 134568873 4092036 5133785 99655709 100783523 113198881 112236286 560000 17518322 16237043 234464948 234950637 X -101077154 -101290076 867024 908312 -100210130 -100381764 134254818 134568873 X -1253728 -244850 1326944 X X 0 1 X 1 0 X 111325 145683 146182 114959 91823 609972 30284946 30878751 32374310 33056680 32522340 159117027 30396271 31024434 32520492 33171639 32614163 159726999 0 0 0 159726999 302915 314284 233086 143690 127873 1121848 6000 6000 5650 6650 2600 26900 308915 320284 238736 150340 130473 1148748 30705186 31344718 32759228 33321979 32744636 160875747 0.99290 0.99160 0.00710 0.00840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 867024 13688 40626 13026 908312 776677 101368 -4382 6639 867024 607619 138376 30847 165 776677 435213 116736 61455 5785 607619 321587 111325 2301 435213 1.00000 1 0 6970169 6970169 143152590 49667409 93485181 4257416 2796366 1461050 6524829 4787557 1737272 103653672 DEFERRED FINANCING COSTS 2223940 ESCROW DEPOSITS 419318 FUNDS LIMITED AS TO USE 5667193 FUNDS RESTRICTED FOR REVENUE BOND R 10443257 CERTIFICATE OF NEED 339839 FUNDS HELD FOR BENEVOLENT PURPOSES 894040 DUE FROM FOUNDATION 3000 19990587 SWAP VALUATION 15833252 DEPOSITS-WAITING LIST 306034 DEPOSITS-WAIT LIST 2,500 112500 DEFERRED FINANCING COSTS -14743 16237043 X 34118336 1637475 1637475 32480861 263775 263775 32744636 34274046 539457 539457 33734589 263775 263775 33998364 PART IV, LINE 2B: PURSUANT TO CHAPTER 651 OF THE FLORIDA STATUTES, FUNDS RECEIVED FROM FUTURE RESIDENTS AS RESERVATION DEPOSITS ARE HELD PURSUANT TO AN ESCROW AGREEMENT BY THE TRUSTEE AS ESCROW AGENT UNTIL THE RESERVED LIVING UNIT IS AVAILABLE FOR OCCUPANCY. PART V, LINE 4: THE FUNDS ARE TO BE USED FOR THE SUPPORT OF THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE GLENRIDGE. PART X, LINE 2: THE GLENRIDGE HAS ADOPTED THE PROVISIONS OF FASB ASC NO. 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO. 740"). ASC 740 REQUIRES THAT THE IMPACT OF TAX POSITIONS BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE GLENRIDGE'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE GLENRIDGE'S OPEN AUDIT PERIODS ARE 2014-2016. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 149,026. CHARITABLE FOUNDATION REVENUE 161,505. SWAP OBLIGATION 1,326,944. PART XI, LINE 4B - OTHER ADJUSTMENTS: BEAUTY BARBERSHOP EXPENSE 263,775. PART XII, LINE 2D - OTHER ADJUSTMENTS: NET UNREALIZED LOSSES ON INVESTMENTS 244,850. LOSS ON SALE OF ASSETS 149,026. CHARITABLE FOUNDATION EXPENSES 145,581. PART XII, LINE 4B - OTHER ADJUSTMENTS: BEAUTY BARBERSHOP EXPENSE 263,775. A PUBLIC FINANCE AUTHORITY 00074442D 2011-05-25 63155000 REFUNDING OF 2006 BONDS, FUND CONSTRUCTION, PAY COSTS OF ISSUANCE 0 0 0 B SARASOTA COUNTY HEALTH FACILITIES AUTHORITY NONEAVAIL 2015-09-22 52000000 REFUNDING OF 2011B&C BONDS, FUND DEBT SERVICE RESERVE, CAPITAL IMPROVEMENTS 0 0 0 A 124085999 10071217 97630000 2239171 1134000 1 0 1 1 B 52000000 3139500 321076 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 1 1 PIPER JAFFREY FINANCIAL PRODUCTS 24.700000000000 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO AN AGREEMENT WITH PRAXEIS LLC ON 6/15/2002 WHERE PRAXEIS SHALL BE RESPONSIBLE FOR ALL DUTIES AND RESPONSIBILITIES RELATING TO THE MANAGEMENT AND DAY-TO-DAY OPERATIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 WAS PROVIDED TO THE FINANCE COMMITTEE BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ANNUALLY SIGN CONFLICT OF INTEREST AFFIDAVITS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY A SUB-COMMITTEE OF THE BOARD, TAKING INTO ACCOUNT RELEVANT VARIABLES AND BENCHMARKING AGAINST THE ANNUAL SURVEYS OF CEO COMPENSATION PROVIDED BY INDUSTRY ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THESE DOCUMENTS ARE AVAILABLE IN A PUBLIC SPACE (THE LIBRARY) FORM 990, PART XI, LINE 9: SWAP OBLIGATION VALUATION ADJUSTMENT 1,326,944. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR. THE GLENRIDGE CHARITABLE FOUNDATION INC 7333 SCOTLAND WAY SARASOTA FL 34238 SUPPORT OF THE GLENRIDGE FL 501(C)(3) LINE 12A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0