2015-07-15T09:00:08-05:00 2014-12-31 350921680 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2014-01-01 351393773 Retirement Living Inc RETI 3178759700 8140 Township Line Road Indianapolis IN 46260 Steven Still Executive Director 2015-07-09 true Rachel Spurlock P00520729 3175698989 2014 2016-03-07 17:11:31Z Marquette Steven Still 8140 Township Line Road Indianapolis IN 46260 33159219 false X www.marquetteseniorliving.com X 1979 IN RETIREMENT LIVING, INC. IS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY, PROVIDING SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORING THEIR DIGNITY AND INDEPENDENCE. 12 12 478 193 0 0 180824 181366 28365981 28960779 686275 811533 81653 73170 29314733 30026848 686355 655489 0 13884780 13873340 0 0 14167071 14839437 28738206 29368266 576527 658582 118767811 118500119 103587032 102883076 15180779 15617043 As a continuing care retirement community, the role of Retirement Living, Inc. is to provide a high quality continuum of care by serving the housing and human development needs of our residents. (continued in schedule O) false false 12879258 473663 10494588 HEALTH CARE CENTER: RETIREMENT LIVING, INC. HAS 102 LICENSED BEDS IN THE HEALTH CARE CENTER. THE ORGANIZATION PROVIDES PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND AN ACTIVITY PROGRAM TO MEET THE NEEDS OF THE RESIDENTS. THE HEALTH CARE CENTER ALSO FEATURES SKILLED AND COMPREHENSIVE CARE, 24-HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. RETIREMENT LIVING, INC. PROVIDES THE BENEFIT OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES. IN 2014 THE RESIDENCE FEES ASSISTANCE PROVIDED TO RESIDENTS WAS $473,663. 8879974 14735779 INDEPENDENT LIVING: RETIREMENT LIVING, INC. HAS 268 APARTMENTS AND 44 COTTAGES. THE ORGANIZATION PROVIDES MEALS 7 DAYS A WEEK, HOUSEKEEPING SERVICES TWICE A MONTH, AND MAINTENANCE AS NEEDED. THE ORGANIZATION ALSO PROVIDES SECURITY 24 HOURS A DAY. RETIREMENT LIVING, INC. HAS ACTIVITY PROGRAMS AS WELL AS OPPORTUNITIES FOR THE RESIDENTS TO VOLUNTEER IN THE HEALTH CARE CENTER, ASSISTED LIVING UNITS, ASSISTED LIVING FOR DEMENTIA, AND THE GIFT SHOP. 4029816 3775010 ASSISTED LIVING: RETIREMENT LIVING, INC. HAS 50 ASSISTED LIVING UNITS. THE ORGANIZATION PROVIDES THREE MEALS A DAY, PLUS SNACKS TO THE RESIDENTS IN THE ASSISTED LIVING UNITS. THE ORGANIZATION ALSO PROVIDES ASSISTANCE WITH DAILY LIVING ACTIVITES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. IN ADDITION, THE ORGANIZATION OPERATES A 13 BED ASSISTED LIVING UNIT THAT PROVIDES SERVICES TO INDIVIDUALS WITH DEMENTIA. THIS UNIT OFFERS THE SAME AMENITIES AS THE OTHER ASSISTED LIVING UNITS, INCLUDING ASSISTANCE WITH DAILY LIVING ACTIVITIES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. 181826 181826 RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2014, THE ORGANIZATION GAVE $181,826 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. 181826 181826 25970874 true true false false false false false false false true true false false true true true false false false false false false false false false false true true false true false false false false false false false false false false false false false false false false false false false true 78 0 true 478 true false false false false false false false false false false X 12 12 false true false false false false false true true false false true true true true true true true true false IN X Sherri Scrogham 3175246584 8140 TOWNSHIP LINE ROAD Indianapolis IN 46260 David Allen President 1.00 X X 7400 0 0 Duane Etienne Vice-President 1.00 X X 6800 0 0 Patricia Radlick Treasurer 1.00 X X 7320 0 0 Keith DeTrude Secretary 1.00 X X 7500 0 0 David Jongleux Director 1.00 X 4900 0 0 Marianne Price Director 1.00 X 4100 0 0 Joe Ivcevich Director 1.00 X 6700 0 0 Robert E Coghill Jr Director 1.00 X 3200 0 0 Craig Wilson MD Director 1.00 X 3800 0 0 Peter Gundy Director 1.00 X 0 0 0 Michael Corr Director 1.00 X 4900 0 0 Karen Gentleman Director 1.00 X 5100 0 0 Steven Still Executive Director 40.00 X 0 0 0 Margaret Clark Health Care Administrator 40.00 X 0 0 0 Sara Green Marketing Director 40.00 X 99265 0 35392 Michael Hebenstreit Director of Food Services 40.00 X 90528 0 36255 251513 0 71647 2 false false true REHABCARE GROUP EAST 7733 FORSYTH BLVD STE 2300 ST LOUIS MO 63105 THERAPY 1325465 LIFE CARE SERVICES LLC 400 LOCUST STREET DES MOINES IA 50309 MANAGEMENT COMPANY 1224552 MICHAEL BEDWELL CONTRACTING 1180 N 600 W GREENFIELD IN 46140 CONSTRUCTION 259904 PHYLLIS BUSH 8256 TILLY MILL LANE INDIANAPOLIS IN 46278 BEAUTY SALON 138137 CULKIN CONSTRUCTION 90 E SR 252 FRANKLIN IN 46131 CONSTRUCTION 132904 6 181366 181366 Health care center 623990 10479722 10479722 Apartments 623990 9451454 9451454 Residence fees 623990 5269459 5269459 Assisted Living 623990 2992990 2992990 Assisted living - dementia 900099 767154 767154 0 0 0 0 28960779 387393 387393 16485 16485 0 16485 16485 3541853 3117713 424140 0 424140 424140 25415 14658 10757 10757 Vending income 900099 1330 1330 Lounge Income 900099 2097 2097 miscellaneous 900099 42501 42501 0 0 0 0 45928 30026848 29005377 0 840105 181826 181826 473663 473663 61720 61720 11972237 10841067 1131170 60963 40578 20385 884731 725481 159250 893689 830979 62710 764090 764090 69720 69720 61149 61149 108712 108712 194830 121005 73825 0 193541 193541 164585 28 164557 1438700 1419817 18883 197609 11825 185784 2230782 2230782 5527576 5527576 177157 177157 Food 1893718 1893718 Supplies 887573 850591 36982 Uniforms 378467 377592 875 Activities 114620 114620 436608 268006 168602 0 29368266 25970874 3397392 0 200 200 14145041 16787500 1359821 1199465 0 0 137288 126187 1257545 848861 127943301 51054261 78825738 76889040 12870903 12034068 10171275 10614798 0 0 0 118767811 118500119 1643530 2120468 31422435 31497602 58141434 56853479 0 12379633 12411527 103587032 102883076 X 15180779 15617043 15180779 15617043 118767811 118500119 X 658582 -130654 -91664 X false true X true false X 180000 180000 180000 180824 181366 902190 22435394 25552074 26958891 28365981 28960779 132273119 21286 17994 15821 21542 26745 103388 22636680 25750068 27154712 28568347 29168890 133278697 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 133278697 771273 726563 626388 536604 403878 3064706 771273 726563 626388 536604 403878 3064706 54919 35022 37377 57136 44598 229052 23462872 26511653 27818477 29162087 29617366 136572455 0.9759 0.9716 0.0224 0.0266 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 54919.0, COLUMN B - 35022.0, COLUMN C - 37377.0, COLUMN D - 57136.0, COLUMN E - 44598.0, COLUMN F - 229052.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 557248 557248 110379039 42520727 67858312 9008102 3263338 5744764 7998912 5270196 2728716 76889040 Fund of funds 4353908 F Corporate debt securities 3404617 F Government obligations 2856273 F 10614798 Refundable residence fees 11941786 Advance deposits 469741 12411527 X 29222155 -130654 0 -130654 29352809 108712 565327 674039 30026848 28785891 0 0 28785891 108712 473663 582375 29368266 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Community is a not-for-profit corporation as described in Section 501(c)(3) of the U.S. Internal Revenue Code (Code) and is exempt from federal and state income taxes on related income pursuant to Section 501(a) of the code. A tax position is recognized as a benefit only if it is more likely than not that the tax position would be sustained in a tax examinations, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. The community does not expect the total amount of unrecognized tax benefits to significantly change n the next 12 months. The Community recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Community has no amounts accrued for interest or penalties as of December 31, 2014 and 2013. The Community has tax returns open for federal and state purposes for 2011 and after. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements PROVISION FOR BAD DEBTS - 91664 ASSISTANCE TO INDIVIDUALS - 473663 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements ASSISTANCE TO INDIVIDUALS - 473663 true AMVETS 2840 LAFAYETTE RD INDIANAPOLIS IN 46222 351759951 501C19 0 6385 FMV CLOTHING PROGRAM SUPPORT GOODWILL 1635 W MICHIGAN ST INDIANAPOLIS IN 46222 350893506 501C3 0 7298 FMV CLOTHING PROGRAM SUPPORT MEALS ON WHEELS 2815 E 62ND ST STE 130 INDIANAPOLIS IN 46220 351182075 501C3 0 118390 BOOK MEALS PROGRAM SUPPORT SECOND HELPINGS 1121 Southeastern Ave Indianapolis IN 46202 351484281 501C3 0 8439 BOOK MEALS PROGRAM SUPPORT ALZHEIMER'S ASSOCIATION GREATER INDIANA 50 EAST 91ST ST STE 100 INDIANAPOLIS IN 46240 351747836 501C3 22529 0 N/A N/A PROGRAM SUPPORT SALVATION ARMY 3100 NORTH MERIDIAN ST INDIANAPOLIS IN 46208 350868167 501C3 5935 0 N/A N/A Program Support 5 1 RESIDENT FEES ASSISTANCE 11 473663 0 N/A N/A Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds Retirement Living, Inc. provided clothing to Amvets and Goodwill Organizations. Because no cash was exchanged, there are no procedures for the monitoring of the grant funds. Retirement Living, Inc. provides meals to the clients of Meals on Wheels, Inc and Second Helpings. Because no cash was exchanged, there are no procedures for the monitoring of the grant funds. A cash grant was given to Alzheimer's Association of Greater Indiana and Salvation Army. In order to be sure funds are used for their intended purpose, the grantee organization provides information to Retirement Living, Inc. regarding the use of the funds and specific programs that will benefit from the grant funds. Schedule I, Part III, Column (b) Estimated Number Of Recipients RESIDENT FEES ASSISTANCE : THE ASSISTANCE PROVIDED TO RESIDENTS IS NOT A CASH GRANT. IT IS SIMPLY A CREDIT TO THE TOTAL RESIDENCE FEES DUE, AND THEREFORE NO PROCEDURES ARE NECESSARY TO MONITOR THE USE OF THESE FUNDS. RETIREMENT LIVING, INC. PROVIDES MEALS TO THE CLIENTS OF MEALS ON WHEELS, INC. BECAUSE NO CASH WAS EXCHANGED, THERE ARE NO PROCEDURES FOR THE MONITORING OF THE GRANT FUNDS. A CASH GRANT WAS GIVEN TO ALZHEIMER'S ASSOCIATION. IN ORDER TO BE SURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE, THE GRANTEE ORGANIZATION PROVIDES INFORMATION TO RETIREMENT LIVING, INC. REGARDING THE USE OF THE FUNDS AND SPECIFIC PROGRAMS THAT WILL BENEFIT FROM THE GRANT FUNDS. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Retirement Living, Inc. provided clothing to Amvets and Goodwill Organizations. Because no cash was exchanged, there are no procedures for the monitoring of the grant funds. Retirement Living, Inc. provides meals to the clients of Meals on Wheels, Inc and Second Helpings. Because no cash was exchanged, there are no procedures for the monitoring of the grant funds. A cash grant was given to Alzheimer's Association of Greater Indiana and Salvation Army. In order to be sure funds are used for their intended purpose, the grantee organization provides information to Retirement Living, Inc. regarding the use of the funds and specific programs that will benefit from the grant funds. A Indiana Finance Authority 351602316 2012-06-26 25000000 See Part VI false false false B Indiana Finance Authority 351602316 4550576Y0 2012-06-26 35560979 See Part VI false false false A 1400000 0 25000000 0 0 0 0 0 0 0 25000000 0 2010 true false true true B 1625146 0 35560979 2404375 0 0 711220 0 0 3500000 28945384 0 2012 true false true true A false false true true false 0.0 false false true B false false true true false 0.0 false false true A false true true false false false true B false true false false false false true A true B true Schedule K, Part I, Column (f) Description of Purpose Indiana Finance Authority Revenue Bonds, Series 2012 (Marquette Project) - Current Refunding / reissuance of prior issues dated 10/28/1998, 4/9/2009 and 12/1/2010 and to renovate and equip facility. Schedule K, Part I, Column (f) Description of Purpose Indiana Finance Authority Refunding Revenue Bonds (Marquette Project) Series 2010 - Current refunding / reissuance of prior issue dated December 1, 2010 Form 990, Part III, Line 1 ORGANIZATION'S MISSION (CONTINUED FROM PART III) RETIREMENT LIVING, INC. REMAINS COMMITTED TO PROVIDING: -AN EXCELLENT RESIDENTIAL ENVIRONMENT AT REASONABLE COST. -SPECIALIZED HEALTH AND LONG TERM CARE SERVICES THAT ENRICH THE LIVES OF THE RESIDENTS AND THEIR FAMILIES. -APPROPRIATE SUPPORTIVE SERVICES THAT PROMOTE THE WELL BEING OF THE WHOLE PERSON AND ENCOURAGE INDEPENDENT LIVING. CoreFormPartIII_PartIIILine4d Description of other program services (Expenses $ 181,826 including grants of $ 181,826) RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2014, THE ORGANIZATION GAVE $181,826 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. Form 990, Part VI, Line 1a Delegate broad authority to a committee There shall be an Executive Committee of the Corporation, which shall consist of the directors holding the offices of President, Vice President, Secretary, Treasurer and such other directors as may be appointed by the President. The President shall preside over the proceedings of the Executive Committee. During intervals between meetings of the Board of Directors, the Executive Committee may exercise the authority of the Board of Directors, provided, however, that the Executive Committee shall not have the authority to: amend or restate the Corporation's Articles of Incorporation; adopt a plan of merger or plan of consolidation with another organization; authorize the sale, lease exchange or mortgage of all or substantially all of the property and assets of the Corporation; authorize the voluntary dissolution of the Corporation; or act in a manner otherwise prohibited by the Act or other law. The Executive Committee shall cause minutes of its proceedings to be kept and filed with the minutes of the proceedings of the Board of Directors. Form 990, Part VI, Line 3 Delegation of management duties RETIREMENT LIVING INC. IS MANAGED BY LIFE CARE SERVICES, LLC. AN UNRELATED ORGANIZATION, LIFE CARE SERVICES LLC PAYS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ADMINISTRATOR. THE DUTIES PERFORMED BY THESE INDIVIDUALS INCLUDE HIRING, FIRING, SUPERVISING PERSONNEL, AND OVERALL MANAGEMENT OF RETIREMENT LIVING, INC Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 is reviewed in detail by the entire board of directors. After any questions/changes are addressed, the final draft of the form 990 is distributed via email to the board of directors. It is then filed electronically with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy Retirement Living, Inc. has three conflict of interest policies written specifically for the board, department directors, and administrative officers. All officers and board members sign the appropriate conflict of interest policy annually, disclosing any conflicts that are known to exist. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS PARTICIPATES IN THE ANNUAL REVIEW REGARDING THE COMPENSATION OF THE EXECUTIVE DIRECTOR, STEVEN STILL. THE COMPENSATION IS DETERMINED BY THE MANAGEMENT COMPANY USING A COMPENSATION SURVEY. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN APRIL 2014. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE BOARD OF DIRECTORS PARTICIPATES IN THE ANNUAL REVIEW REGARDING THE COMPENSATION OF THE HEALTH CENTER ADMINISTRATOR, Margaret Clark. THE COMPENSATION IS DETERMINED BY THE MANAGEMENT COMPANY USING A COMPENSATION SURVEY. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN APRIL 2014. Form 990, Part VI, Line 19 Required documents available to the public The organization's conflict of interest policy, financial statements, and governing documents are available to the public upon request. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Provision for bad debts - -91664;