2015-12-17T12:55:05-08:00 2015-06-30 TD&T CPAs and Advisors PC 500 Cedar St Muscatine IA 52761 990 2014-07-01 420950871 SIMPSON MEMORIAL HOME INC SIMP 3196274775 1000 NORTH MILLER STREET WEST WEST LIBERTY IA 52776 SHELLEY WICKS ADMINISTRATOR 2015-12-17 true VICKI A BECKEY CPA P00226738 5632642727 2014 2016-03-07 17:11:31Z 8914075 false false X www.simpsonmemorialhome.org X 1975 IA OPERATION OF MEDICAID AND MEDICARE CERTIFIED NURSING FACILITIES, ASSISTED LIVING COMPLEXES IN WEST LIBERTY, IA AND WILTON, IOWA AND INDEPENDENT LIVING APARTMENTS IN WEST LIBERTY, IOWA. 7 7 254 50 0 179552 1256847 5321386 7019624 38935 45589 60592 19836 5600465 8341896 0 0 3295164 4298143 0 0 2175530 3019210 5470694 7317353 129771 1024543 15231491 14791761 7731488 6321602 7500003 8470159 OPERATION OF A 65 BED MEDICAID AND MEDICARE CERTIFIED NURSING FACILITY AND AN 18 UNIT ASSISTED LIVING COMPLEX IN WEST LIBERTY, IA AND A 34 BED MEDICAID AND MEDICARE CERTIFIED NURSING FACILITY AND A 24 UNIT ASSISTED LIVING COMPLEX IN WILTON, IA FOR INDIVIDUALS REQUIRING A LESSER LEVEL OF CARE THAN THOSE IN THE NURSING FACILITY. THE ORGANIZATION ALSO OWNS A 24 UNIT INDEPENDENT LIVING APARTMENT COMPLEX IN WEST LIBERTY, IA WHICH ALLOWS THE LESSEES PRIORITY WHEN OPENINGS BECOME AVAILABLE IN THE ASSISTED LIVING COMPLEXES OWNED BY THE ORGANIZATION AS WELL AS ACCESS TO MEALS AND ACTIVITIES PROVIDED BY THE ORGANIZATION. false false 6193168 6952388 THE ORGANIZATION OPERATES A NURSING HOME/ ASSISTED LIVING/ INDEPENDENT LIVING COMPLEXES WITH PRIVATE PAY AND MEDICARE PATIENTS. THE ORGANIZATION INCREASED OPERATIONS AT BOTH CAMPUS LOCATIONS IN THE TAX YEAR. AT THE WEST LIBERTY CAMPUS, THE WEST LIBERTY ADDED NINE NEW ASSISTED LIVING APARTMENTS; 8 ONE-BEDROOM AND 1 TWO-BEDROOM APARTMENT. ALSO, AT THE WEST LIBERTY CAMPUS, TWO SETS OF 2-BEDROOM, 2-BATH, GROUND LEVEL INDEPENDENT LIVING DUPLEX TOWNHOMES WITH ATTACHED GARAGES WERE ADDED. AT THE WILTON CAMPUS, A NEW 34-BED, LICENSED MEDICAID NURSING HOME FACILITY ATTACHED TO THE EXISTING LELAND R. SMITH ASSISTED LIVING RESIDENCES WING WAS COMPLETED AND OCCUPIED AS OF JULY 1, 2014. THE NEW NURSING HOME IS COMPRISED OF A 24-UNIT SKILLED INTERMEDIATE NURSING FACILITY AND A 10-BED SECURE DEMENTIA UNIT FOR PEOPLE WITH CHRONIC CONFUSED DEMENTING ILLNESSES. THE AVERAGE OCCUPANCY RATES WERE 82.59% FOR THE WEST LIBERTY LOCATION AND 80.95% FOR THE WILTON LOCATION. 6193168 true true false false false false false false false true true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 0 0 false 254 true false false false false false false false false 0 false false false false false false false false false false X 7 7 false false false false false false false true true false false true true true true true false true true false X SHELLEY WICKS CORP OFFICES 3196274303 310 E MAXSON STREET WEST LIBERTY IA 52778 DERWOOD KEITH President 0.69 0.00 X X 0 0 0 JACK HENDERSON Treasurer 0.46 0.00 X X 0 0 0 KENNETH LINCOLN Director 0.46 0.00 X 0 0 0 WILLIAM DUNCAN Vice President 0.69 0.00 X X 0 0 0 ANNA LEWIS Secretary 0.46 0.00 X X 0 0 0 SANDRA BALLOU Director 0.46 0.00 X 0 0 0 BRUCE JIPP Director 0.46 0.00 X 0 0 0 SHELLEY WICKS Administrator 40.00 0.00 X 113081 0 6571 113081 6571 1 false false false MERIT CONSTRUCTION PO BOX 2163 CEDAR RAPIDS IA 524062163 CONSTRUCTION SERVICE 659081 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 72902 PHYSICAL THERAPY 385633 2 1256847 25546 1256847 NURSING HOME SERVICES 623000 6932527 6932527 OTHER INCOME 623000 87097 87097 7019624 32415 32415 0 0 285707 265871 19836 19836 19836 319457 25 306308 13149 25 13174 25 13149 0 0 0 0 8341896 6952388 132661 X 0 0 0 0 119652 119652 0 3609464 3458376 151088 0 289281 273775 15506 279746 256485 23261 0 0 0 0 0 0 809069 758982 50087 2919 2919 29589 6923 22666 56702 4800 51902 0 493750 370931 122819 12533 10863 1670 0 0 0 0 579282 244263 335019 165314 36879 128435 SUPPLIES 377408 362447 14961 RAW FOOD 366694 366694 PUBLIC RELATIONS 21604 21604 EDUCATION 19977 17961 2016 84369 20870 63499 7317353 6193168 1124185 0 1000 1000 1542020 895729 0 283740 490797 0 0 0 42909 49242 33343 31078 19689971 6761716 12632217 12928255 654001 353791 0 0 0 42261 41869 15231491 14791761 1227648 378898 436182 785683 5919392 5022895 148266 134126 7731488 6321602 X 7234102 8429631 245901 20528 20000 20000 7500003 8470159 15231491 14791761 1024543 -54387 X false true X true false X 9556 14846 227034 179552 256847 687835 4695616 4766757 4904944 5257081 7218234 26842632 0 0 0 4705172 4781603 5131978 5436633 7475081 27530467 6782 10000 163011 153092 211955 544840 663961 672464 615097 460762 2412284 670743 682464 778108 613854 211955 2957124 24573343 30728 30683 35699 39933 32415 169458 0 30728 30683 35699 39933 32415 169458 0 87098 87098 4735900 4812286 5167677 5476566 7594594 27787023 0.88430 0.85490 0.00610 0.00660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25255 501 400 25356 24893 762 400 25255 24542 751 400 24893 24195 747 400 24542 24055 540 400 24195 0.78880 0.21120 false false false 202554 202554 15908713 4320758 11587955 2633473 1884981 748492 945231 555977 389254 12928255 RESIDENT TRUST FUNDS PAYABLE 1341 TENANT SECURITY DEPOSITS 132785 134126 X 8553380 -54387 265871 211484 8341896 8341896 7583224 265871 265871 7317353 7317353 Part V, Line 4: Intended uses of the endowment fund. THE PURPOSE OF THE ENDOWMENT FUND IS TO MAKE AN ANNUAL SCHOLARSHIP DISTRIBUTION OF $400. Part X : FIN48 Footnote THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR SECTION OF THE IOWA INCOME TAX LAW, WHICH PROVIDES INCOME TAX EXEMPTION FOR CORPORATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, OR EDUCATIONAL PURPOSES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS ENDED PRIOR TO JUNE 30, 2011. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 RENTAL EXPENSES $265871 Part XII, Line 2d: Other expenses and losses per audited F/S RENTAL EXPENSES $265871 X 1 25546 FMV AT 7/2/14 false false true Part I, Line 32, Hire and Use of Third Parties 100 SHARES OF STOCK WAS SOLD ON 9/23/14 AND 50 SHARES OF STOCK WAS SOLD ON 11/6/14 BY MORGAN STANLEY. Form 990, Part VI, Line 11b: Form 990 Review Process A COPY OF THE 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT WAS FILED. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS AT THEIR JUNE OR JULY BOARD MEETING AND THE REVIEW IS DOCUMENTED IN THE BOARD MINUTES. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE ADMINISTRATOR BUDGETED THE AMOUNT OF HER SALARY INCREASE FOR THE FISCAL YEAR. THEN THE BUDGETED AMOUNT WAS APPROVED BY VOTE OF THE BOARD OF DIRECTORS. NO EVALUATION PROCESS WAS PERFORMED. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees THE ADMINISTRATOR REVIEWS THE DEPARTMENT HEADS' PERFORMANCES ANNUALLY AND THEN BUDGETS THE AMOUNT THAT SHE WOULD LIKE TO PAY THE DEPARTMENT HEADS. THE BOARD VOTES ON THESE AMOUNTS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC DURING THE TAX YEAR UPON REQUEST.