2016-10-14T11:47:40-05:00 2016-03-31 420714325 RSM US LLP 117 E MAIN ST STE 210 GALESBURG IL 61401 990 2015-04-01 364143605 PINNACLE OPPORTUNITIES INC PINN 3093431550 285 SOUTH FARNHAM STREET GALESBURG IL 61401 JEFFREY SHAW PRESIDENT 3093431550 2016-09-16 1 MICHAEL BASS P00458970 3093428026 2015 2017-02-10 21:41:12Z JEFFREY SHAW 285 SOUTH FARNHAM STREET GALESBURG IL 61401 5437888 0 X N/A X 1996 IL TO PROVIDE & OPERATE LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED. 5 5 159 5 0 0 50 0 4543575 4466994 137908 -115870 0 0 4681533 4351124 0 0 0 0 2698621 2878448 0 0 0 2096760 1866921 4795381 4745369 -113848 -394245 7649519 7242676 1140545 1225746 6508974 6016930 X THE MISSION OF THE ORGANIZATION IS ARTICULATED IN ITS ARTICLES OF INCORPORATION AS FOLLOWS:THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES AS DEFINED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. IN FURTHERANCE OF THOSE CHARITABLE PURPOSES, THE CORPORATION SHALL BE EMPOWERED TO BUILD, LEASE, ACQUIRE AND OTHERWISE OWN AND OPERATE RESIDENTIAL FACILITIES, NURSING FACILITIES AND OTHER RELATED FACILITIES AND SERVICES FOR THE ELDERLY, MENTALLY RETARDED, MENTALLY ILL, DEVELOPMENTALLY DISABLED AND OTHER LIKE CONDITIONS WITHOUT REGARD TO RACE, RELIGION, COLOR, SEX, CREED OR NATIONAL ORIGIN OF SAID PERSONS. THE CORPORATION WILL NOT ENGAGE IN THE PRACTICE OF MEDICINE NOR RENDER ANY LICENSED PROFESSIONAL SERVICES. 0 0 4467322 4466994 ALL PROGRAM SERVICES RELATE TO PROVIDING AND OPERATING LONG-TERM CARE FACILITIES AND OTHER RELATED SERVICES TO THE DEVELOPMENTALLY DISABLED. THE ORGANIZATION OPERATES 6 FACILITIES WITH A COMBINED TOTAL OF 88 BEDS WITHIN THESE FACILITIES. 4467322 1 0 0 1 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 11 0 159 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X RON WILSON RFMS INC 3093431550 285 S FARNHAM ST GALESBURG IL 61401 X X JEFFREY SHAW PRESIDENT 1.00 1.00 X X 0 0 0 KENNETH A PYSZKA SECRETARY 1.00 1.00 X X 0 0 0 GORDON MONN DIRECTOR 1.00 1.00 X 0 0 0 JOHN CARMODY DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL WARTMAN DIRECTOR 1.00 1.00 X 0 0 0 RON WILSON RFMS INC CFO 40.00 X 0 0 0 0 0 0 0 0 0 0 RFMS INC 285 SOUTH FARNHAM STREET GALESBURG IL 61401 ADMINISTRATIVE SERVICES 338844 LTC SUPPORT SERVICES LLC 285 SOUTH FARNHAM STREET GALESBURG IL 61401 SUPPORT SERVICES 164760 2 MEDICARE & MEDICAID 623000 3675940 3675940 PRIVATE PAY RESIDENT SERVICES 623000 684038 684038 AID TRAINING INCOME 623000 107016 107016 4466994 173498 173498 797396 1086764 -289368 -289368 -289368 4351124 4466994 0 -115870 2513606 2464563 49043 4185 4103 82 129259 126737 2522 231398 226883 4515 375527 253667 121860 19470 19470 30372 30372 1913 1913 81560 80253 1307 4156 3740 416 62253 49183 13070 2291 1833 458 138387 134873 3514 51069 48949 2120 44144 39730 4414 249464 236991 12473 9977 6165 3812 SUPPLIES & SMALL EQUIPM 489669 489669 MEDICAID ASSESSMENT TAX 246793 246793 EQUIPMENT RENTAL & MAIN 43457 43258 199 SUBSCRIPTIONS & FEES 9895 5611 4284 6524 4321 2203 4745369 4467322 278047 0 652510 677439 1334130 1300906 841763 817556 31087 29021 4540139 2905008 1790803 1635131 2089226 1037784 910000 1744839 7649519 7242676 311240 332441 26000 23000 803305 870305 1140545 1225746 X 6508974 6016930 6508974 6016930 7649519 7242676 -394245 -97799 0 X X 0 1 X 1 0 X 50 50 100 4761943 4835409 4697614 4543575 4466994 23305535 4761943 4835409 4697664 4543625 4466994 23305635 0 730090 1711757 810914 1027974 870786 5151521 730090 1711757 810914 1027974 870786 5151521 18154114 8960 3795 54729 143843 173498 384825 8960 3795 54729 143843 173498 384825 4770903 4839204 4752393 4687468 4640492 23690460 0.76630 0.77930 0.01620 0.01190 X 1913 1913 4467322 4469235 373462 93366 0 0 349106 347579 372446 373462 1442593 2163890 1749 1468 1913 5130 87277 86895 93112 93366 360650 540975 227807 227807 2059672 1533221 526451 1327198 720819 606379 452847 184719 268128 472615 466249 6366 1635131 RECEIVABLE FROM FRANCES HOUSE, INC. 1744839 C 1744839 LOAN PAYABLE TO PIONEER CONCEPTS, INC. 505000 INTEREST PAYABLE TO FRANCES HOUSE, INC. 201305 DUE TO THIRD PARTY PAYORS 164000 870305 X PART X, LINE 2: FRANCES HOUSE, INC. AND SUBSIDIARIES ARE EXEMPT FROM INCOME TAXES UNDER SECTIONS 501(C)(3) OR 501(C)(2) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSTIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2012. LTC SUPPORT SERVICES (LTC) A SINGLE DIRECTOR COMMON TO BOTH PINNACLE OPP. & LTC IS JEFF SHAW. 164760 SUPPORT SERVICES ARE PROVIDED BY LTC SUPPORT SERVICES, LLC., AS DESCRIBED IN SCHEDULE O RELATIVE TO PART VI, SECTION A, LINE 3. JEFFREY SHAW, WHO IS A DIRECTOR OF PINNACLE OPPORTUNITIES, INC., AND LTC SUPPORT SERVICES, LLC, RECEIVED DIRECTOR'S FEES OF $3,000 FROM LTC SUPPORT SERVICES, LLC, FOR THE FISCAL YEAR ENDING MARCH 31, 2016. 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION RECEIVES SUPPORT SERVICES FROM LTC SUPPORT SERVICES, LLC., AN UNRELATED COMPANY. THESE SERVICES INCLUDE OVERSIGHT, TRAINING, REGULATORY COMPLIANCE, QUALITY ASSURANCE PROGRAMS, HUMAN RESOURCE SUPPORT, MARKETING AND MAINTENANCE. FRANCES HOUSE, INC., (PARENT ORGANIZATION OF PINNACLE OPPORTUNITIES, INC.) OWNS 12.5% OF LTC SUPPORT SERVICES, LLC, AND RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., (AN ORGANIZATION RELATED TO PINNACLE OPPORTUNITIES, INC., THROUGH COMMON OWNERSHIP) OWNS 12.5% OF LTC SUPPORT SERVICES, LLC. THE REMAINING 75% OF LTC SUPPORT SERVICES, LLC, IS OWNED BY UNRELATED EXEMPT ORGANIZATIONS. THE ORGANIZATION ALSO HAS A NEGOTIATED ARMS LENGTH ADMINISTRATIVE SERVICES CONTRACT WITH RFMS, INC., AN UNRELATED COMPANY, TO OBTAIN SERVICES SUCH AS CASH MANAGEMENT, ACCOUNTING AND FINANCIAL REPORTING, PAYROLL AND EMPLOYEE BENEFITS, INFORMATION TECHNOLOGY, REGULATORY MATTERS, AND OTHER GENERAL BUSINESS AND FINANCIAL MANAGEMENT SERVICES AS REQUIRED. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A SUBSIDIARY OF FRANCES HOUSE, INC. FRANCES HOUSE, INC., IS THE MEMBER OF THE ORGANIZATION. FRANCES HOUSE, INC., ELECTS THE GOVERNING BODY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 11 EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A PAPER COPY OF FORM 990 FOR THEIR REVIEW AND COMMENT PRIOR TO ITS FILING. THE BOARD ALSO REVIEWS IN DETAIL EACH FORM 990 FILED BY THE ORGANIZATION AT ITS REGULARLY SCHEDULED BOARD MEETINGS. ON AN ANNUAL BASIS, EACH BOARD MEMBER ATTENDS A TRAINING SESSION THAT PROVIDES UPDATES ON CURRENT EXEMPT ORGANIZATION TAX COMPLIANCE MATTERS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO ATTEST TO THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE BOARD OF DIRECTORS REVIEWS ALL COMPLETED CONFLICT OF INTEREST STATEMENTS TO DETERMINE IF ANY CONFLICTS EXIST WHICH WOULD REQUIRE RESTRICTION ON PARTICIPATION IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN ANY TRANSACTIONS INVOLVING THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 A PAPER COPY OF FORM 990 IS PROVIDED UPON REQUEST. THE ORGANIZATION'S FORM 990 IS ALSO AVAILABLE VIA THE GUIDESTAR.ORG WEBSITE AND THROUGH THE ATTORNEY GENERAL'S OFFICE OF THE STATE OF ILLINOIS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC EXCEPT THROUGH PUBLIC FILING REQUIREMENTS. FORM 990, PART VII, SECTION A, COLUMN B: APPROXIMATELY ONE HALF OF THE AVERAGE HOURS PER WEEK ESTIMATED FOR EACH DIRECTOR IS DEVOTED TO RELATED ORGANIZATIONS LISTED ON SCHEDULE R. FORM 990, PART VII, SECTION A, COLUMN F: RON WILSON IS EMPLOYED BY RFMS, INC., AN UNRELATED ORGANIZATION WHICH HAS AN ADMINISTRATIVE SERVICES CONTRACT WITH PINNACLE OPPORTUNITIES, INC. THE TYPE OF SERVICES PROVIDED BY RFMS, INC., ARE DETAILED IN THE SCHEDULE O EXPLANATION ABOVE RELATIVE TO FORM 990, PART VI, SECTION A, LINE 3. RON WILSON IS THE CHIEF FINANCIAL OFFICER OF RFMS, INC. HIS COMPENSATION REPORTED ON HIS RFMS, INC. FORM W-2, BOX 5 FOR CALENDAR YEAR 2015 IS $173,038. RON WILSON'S COMPENSATION AMOUNT AND HOURS HAVE NOT BEEN PRORATED BASED ON TIME SPENT FOR EACH OF THE SEVENTEEN ORGANIZATIONS TO WHOM SERVICES ARE PROVIDED BY RFMS, INC. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XII, LINE 2B: THE FINANCIAL STATEMENTS OF PINNACLE OPPORTUNITIES, INC., WERE AUDITED AS PART OF THE CONSOLIDATED FINANCIAL REPORT ISSUED FOR FRANCES HOUSE, INC., AND SUBSIDIARIES. FRANCES HOUSE INC 285 S FARNHAM STREET GALESBURG IL 61401 371087901 OPERATION OF LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED. IL 501(C)(3) LINE 9 N/A 0 PIONEER CONCEPTS INC 285 S FARNHAM STREET GALESBURG IL 61401 364143602 OPERATION OF LONG-TERM CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED. IL 501(C)(3) LINE 9 N/A 0 RESIDENTIAL ALTERNATIVES OF ILLINOIS INC 285 S FARNHAM STREET GALESBURG IL 61401 371223846 OPERATES ELDERLY SKILLED NURSING,ASSISTED/INDEPNDNT LIVING FACILITIES IL 501(C)(3) LINE 9 N/A 0 FREEPORT MANOR COURT LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262905838 NO ACTIVITY IL 501(C)(2) N/A 0 MANOR COURT OF PRINCETON LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262865939 NO ACTIVITY IL 501(C)(2) N/A 0 PEORIA MANOR COURT LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341694 ACQUIRING & HOLDING TITLE TO PROPERTY; REMITTING ALL INCOME TO 501(C)(3) IL 501(C)(2) N/A 0 PEORIA STALWORTH LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341610 NO ACTIVITY IL 501(C)(2) N/A 0 PERU BECKER LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341728 ACQUIRING & HOLDING TITLE TO PROPERTY; REMITTING ALL INCOME TO 501(C)(3) IL 501(C)(2) N/A 0 CLINTON PARK LANE LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341666 NO ACTIVITY IL 501(C)(2) N/A 0 FREEPORT NAVAJO LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341569 NO ACTIVITY IL 501(C)(2) N/A 0 GENESEO SOUTH CHICAGO LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341757 NO ACTIVITY IL 501(C)(2) N/A 0 STREATOR EASTWOOD LTD NFP 285 S FARNHAM STREET GALESBURG IL 61401 262341779 NO ACTIVITY IL 501(C)(2) N/A 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE R, PART II: PINNACLE OPPORTUNITIES, INC., IS A SUBSIDIARY OF FRANCES HOUSE, INC. RESIDENTIAL ALTERNATIVES OF ILLINOIS, INC., AND PIONEER CONCEPTS, INC., ARE SUBSIDIARIES OF FRANCES HOUSE, INC. THE 501(C)(2) ORGANIZATIONS LISTED IN THIS SECTION ARE SUBSIDIARIES OF FRANCES HOUSE, INC.