2015-02-06T14:39:33-06:00 2014-06-30 476097913 SEIM JOHNSON LLP 18081 BURT STREET SUITE 200 OMAHA NE 680224722 990 2013-07-01 470733774 IMMANUEL IMMA 4028292900 5858 WENNINGHOFF ROAD NO 2 OMAHA NE 68134 DAN FRIEDLUND EXECUTIVE VICE PRESIDENT & CFO 4028292900 2015-02-05 1 BARBARA J FAJEN P00400949 4023302660 2013 2016-03-07 17:11:31Z ERIC N GURLEY 6757 NEWPORT AVE STE 200 OMAHA NE 68152 280620387 0 X WWW.IMMANUELCOMMUNITIES.COM X 1990 NE IMMANUEL IS ORGANIZED TO SUPPORT THE MISSIONS OF IMMANUEL RETIREMENT COMMUNITIES AND IMMANUEL HOME AND COMMUNITY RESOURCES, BY MAKING CHARITABLE CONTRIBUTIONS, INVESTING FUNDS, DEVELOPING SENIOR PROGRAMS, DEVELOPING FUNDING OPPORTUNITIES AND INVESTING IN AFFORDABLE PROJECTS FOR SENIORS. 14 13 745 17 0 0 0 11158 1047649 1071651 28018074 15792661 0 19952 29065723 16895422 105533113 297030 0 0 1147291 1562368 0 0 0 1157169 4112949 107837573 5972347 -78771850 10923075 524686537 555942206 43687329 49908552 480999208 506033654 X RECOGNIZING THAT ALL WE HAVE COMES FROM GOD, WE HAVE BEEN CALLED TO BE FAITHFUL AND COURAGEOUS STEWARDS OF GOD'S RESOURCES. FOLLOWING CHRIST'S CALL TO SERVE, WE WILL MEET THE PHYSICAL, EMOTIONAL AND SPIRITUAL NEEDS OF SENIORS; RESPOND TO NEEDS IN COMMUNITY HEALTH; AND SUPPORT THE MINISTRY OF THE CHURCH. 0 0 1263550 297030 1071651 IMMANUEL SUPPORTS THE MISSIONS OF IMMANUEL RETIREMENT COMMUNITIES, IMMANUEL HOME AND COMMUNITY RESOURCES, IMMANUEL LONG TERM CARE, AND IMMANUEL COMMUNITY VISION FOUNDATION OF WHICH IT IS THE SOLE MEMBER. THE ORGANIZATION MAKES CHARITABLE CONTRIBUTIONS, INVESTS FUNDS, DEVELOPS SENIOR PROGRAMS, DEVELOPS FUNDING OPPORTUNITIES AND INVESTS IN AFFORDABLE PROJECTS FOR SENIORS. IN ADDITION, IMMANUEL PROVIDES MANAGEMENT SERVICES, INCLUDING EXECUTIVE, ACCOUNTING AND HUMAN RESOURCES TO ALL OF THE SUPPORTED ORGANIZATIONS. IMMANUEL IS ALSO THE MANAGING AGENT OF EIGHT HOUSING AND URBAN DEVELOPMENT (HUD) FUNDED PROJECTS LOCATED IN OMAHA, NEBRASKA. 1263550 1 1 0 0 0 0 0 0 1 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 1 X 121 0 1 745 1 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARY ANDERSON CONTROLLER 4028292933 5858 WENNINGHOFF ROAD SUITE 2 OMAHA NE 68134 REV CARMALA ADERMAN CHAIR 1.00 1.80 X X 0 0 0 DAVID MUSSMAN VICE CHAIR 1.00 1.80 X X 0 0 0 MIKE WILLIAMS SECRETARY/TREASURER 1.00 1.80 X X 0 0 0 REV DR DENNIS ANDERSON MEMBER 1.00 1.80 X 0 0 0 REV DR DAVID DEFREESE MEMBER 1.00 1.80 X 0 0 0 LAURA FENDER MEMBER 1.00 1.80 X 0 0 0 REV MARK GRORUD MEMBER 1.00 1.80 X 0 0 0 GUILLERMO BILL HUERTA MD MEMBER 1.00 1.80 X 0 0 0 SUZANNE HRUZA MD MEMBER 1.00 1.80 X 0 0 0 DAVE JACOX MEMBER 1.00 1.80 X 0 0 0 BISHOP BRIAN MASS MEMBER 1.00 1.80 X 0 0 0 MARK WATERSTRAAT MEMBER 1.00 1.80 X 0 0 0 DELIGHT WREED BYRD MEMBER 1.00 1.80 X 0 0 0 ANTHONY SCIOLI MEMBER (7/1/13 - 11/12/13) 1.00 1.80 X 0 0 0 RUTH HENRICHS MEMBER (7/1/13 - 12/31/13) 1.00 1.80 X 0 0 0 TOM GARVEY MEMBER (7/1/13 - 3/31/14) 1.00 1.80 X 0 0 0 ERIC N GURLEY PRESIDENT/CEO 22.00 25.00 X X 396069 0 145634 DAN FRIEDLUND EXECUTIVE VP/CFO 18.00 30.00 X 191570 0 0 TAMMY SEALER SENIOR VP/CAO 21.00 27.00 X 136477 0 26500 ANDREW FISHER SENIOR VP/COO 4.00 43.00 X 134645 0 26455 ROXANN M ROGERS MEYER VP OF MARKETING & COMMUNICATIONS 12.00 34.00 X 128212 0 32807 DEBRA J WELK VP OF HEALTH CARE SERVICES 3.00 44.00 X 119600 0 26244 MARY J ANDERSON CORPORATE CONTROLLER 5.00 43.00 X 109795 0 34261 CHERYL L MUNDT DIRECTOR OF PACE DEV & OPERATIONS 5.00 42.00 X 122913 0 8590 DONALD S JENKINS VP OF INFORMATION TECHNOLOGY 10.00 37.00 X 112655 0 18839 1451936 0 319330 21 0 1 0 BAIRD HOLM 1500 WOODMEN TOWER 1700 FARNAM STR OMAHA NE 68102 LEGAL SERVICES 327394 REALITY CONSTRUCTION DENNIS MCMAHON 11121 WILLIAM PLZ OMAHA NE 68144 CONSTRUCTION SERVICES 265146 SEIM JOHNSON LLP 18081 BURT STREET SUITE 200 OMAHA NE 68022 AUDITING & TAX SERVICES 255919 ALTITUDE EDGE CONSULTANTS LLC 6640 GUNPARK DRIVE BOULDER CO 80301 CONSULTING SERVICES 159169 4 11158 11158 MANAGEMENT FEES 561000 576096 576096 PROGRAM-RELATED INVEST 900003 494591 494591 964 964 1071651 7675490 7675490 89407 69455 19952 19952 19952 271772681 263655510 8117171 8117171 8117171 16895422 1071651 0 15812613 X 297030 297030 1057350 161100 896250 107028 107028 62586 62586 335404 23428 311976 62911 62911 55879 55879 1248956 1248956 738072 65155 672917 562180 522188 39992 325950 19441 306509 223070 61744 161326 382577 382577 169507 87289 82218 87335 87335 17056 17056 102647 102647 47745 47745 MEMBERSHIP & DUES 69745 6259 63486 BOOKS & PERIODICALS 5794 1897 3897 LICENSE & PERMITS 701 371 330 12824 592 12232 5972347 1263550 4708797 0 1324666 6100160 266557623 65178895 62829 2435305 82165 213266 11022441 160992 2046139 10861449 227201937 405350983 80480 34055467 26430945 28179304 899753 3567377 524686537 555942206 1802745 3074412 41682406 46473385 202178 360755 43687329 49908552 X 480999208 506033654 480999208 506033654 524686537 555942206 10923075 14111371 0 X X 0 1 X 1 0 X X X 0 0 0 PACE IOWA 273635343 9 0 1 1 0 IMMANUEL RETIREMENT COMMUNITIES 470799118 9 1 1 1 0 IMMANUEL HOME AND COMMUNITY RESOURCES 272628802 9 1 1 1 0 PACE NEBRASKA 273635416 9 0 1 1 0 IMMANUEL LONG TERM CARE 462582783 9 0 1 1 0 5 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1139974 1139974 55834 45321 10513 47744 47744 734813 114212 620601 9044076 1459 9042617 10861449 ACCRUED INTEREST RECEIVABLE 1594214 F INVESTMENT IN PALMER SQUARE MULTI STRATEGY 22264867 F INVESTMENT IN PARTNERS GROUP PRIVATE EQUITY FUND 10196386 F 34055467 LT NOTES RECEIVABLE - RELATED ENTITIES 23152453 F INVESTMENT IN RELATED ENTITIES 4647971 F INVESTMENT IN IEHP 378880 F 28179304 AFFILIATE PAYABLE 360755 360755 X PART IV, LINE 2B: IMMANUEL HOLDS FUNDS FOR IMMANUEL RETIREMENT COMMUNITIES, INC., A RELATED ENTITY, TO FACILITATE EFFICIENT MANAGEMENT OF ALL INVESTMENTS. THE FUNDS ARE POOLED WITH INVESTMENT ASSETS OF IMMANUEL FOR MANAGEMENT PURPOSES ONLY. THESE FUNDS ARE RECORDED AS AN ASSET AND A LIABILITY ON IMMANUEL'S BOOKS. BOTH ORGANIZATIONS ACKNOWLEDGE THAT THE ASSETS ARE THE PROPERTY OF IMMANUEL RETIREMENT COMMUNITIES, INC. PART X, LINE 2: ALL AFFILIATED ENTITIES ARE NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE CODE AND HAVE RECEIVED DETERMINATION LETTERS OR HAVE FILED APPLICATIONS TO RECEIVE DETERMINATION LETTERS THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE, EXCEPT FOR IMMANUEL CORE FUND, LLC, WHICH IS A DISREGARDED ENTITY FOR TAX PURPOSES. THE INTERNAL REVENUE SERVICE HAS ESTABLISHED STANDARDS TO BE MET TO MAINTAIN IMMANUEL'S TAX EXEMPT STATUS. IMMANUEL ACCOUNTS FOR UNCERTAINTIES IN ACCOUNTING FOR INCOME TAX ASSETS AND LIABILITIES USING GUIDANCE INCLUDED IN FASB ASC 740, INCOME TAXES. IMMANUEL RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. AT JUNE 30, 2014, IMMANUEL HAD NO UNCERTAIN TAX POSITIONS ACCRUED. WITH FEW EXCEPTIONS, IMMANUEL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR FISCAL YEARS ENDING BEFORE JUNE 30, 2011. 1 NEBRASKA SYNOD ELCA ASSEMBLY 4980 SOUTH 118TH STREET STE D OMAHA NE 68137 363514308 501(C)(3) 35000 SUPPORT PROGRAMS AND MINISTRIES OF THE CHURCH NEBASKA LUTHERAN OUTDOOR MINISTRIES 27416 RANCH ROAD ASHLAND NE 68003 470488319 501(C)(3) 20000 SUPPORT CAMP MINISTRY AND PROGRAMS LUTHERAN FAMILY SERVICES 124 SOUTH 24TH STREET STE 230 OMAHA NE 68102 237267972 501(C)(3) 26500 SUPPORT MINISTRIES SERVING FAMILIES IN NEBRASKA TABITHA FOUNDATION 4720 RANDOLPH STREET LINCOLN NE 68510 470377998 501(C)(3) 8000 SUPPORT PROGRAMS LUTHERAN PLANNED GIVING 5858 WENNINGHOFF ROAD STE 2 OMAHA NE 68134 055527996 501(C)(3) 5000 SUPPORT PROGRAMS CATHOLIC HEALTH INITIATIVES 198 INVERNESS DRIVE WEST ENGLEWOOD CO 80112 470617373 501(C)(3) 20000 SUPPORT DISASTER RELIEF FUND LUTHERAN SERVICES IN AMERICA 100 MARYLAND AVENUE NE STE 500 WASHINGTON DC 20002 363304707 501(C)(3) 20000 SUPPORT ANNUAL CONFERENCE THE MOSAIC FOUNDATION 4980 SOUTH 118TH STREET OMAHA NE 68137 363837360 501(C)(3) 21500 SUPPORT PROGRAMS ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCATION 1941 SOUTH 42ND STREET STE 205 OMAHA NE 68105 470648438 501(C)(3) 8000 SUPPORT CAREGIVER SERIES OMAHA KIDS AGAINST HUNGER 12601 MEREDITH AVE OMAHA NE 68164 411906517 501(C)(3) 6000 SUPPORT KIDS AGAINST HUNGER COMMUNITY PACKING EVENT SAFETY AND HEALTH COUNCIL OF GREATER OMAHA INC 11620 M CIRCLE OMAHA NE 68137 470259720 501(C)(3) 5000 SUPPORT PROGRAMS NEBRASKA ACTION COALITION 12565 WEST CENTER ROAD STE 100 OMAHA NE 68144 470690286 501(C)(3) 5000 SUPPORT FUTURE OF NURSING CAMPAIGN ALEGENT HEALTH - IMMANUEL MEDICAL CENTER 6901 NORTH 72ND STREET OMAHA NE 68122 470376615 501(C)(3) 5000 NIGHT OF CELEBRATION EVENT SPONSORSHIP ALEGENT CREIGHTON HEALTH 12809 WEST DODGE ROAD OMAHA NE 68154 470757164 501(C)(3) 97257 SUPPORT THE TANZANIA MINISTRY 14 0 PART I, LINE 2: ALL GRANTS ARE MADE TO LOCAL 501(C)(3) ORGANIZATIONS. IMMANUEL IS ABLE TO MONITOR THE USE OF THE GRANT FUNDS BY MAINTAINING CONTACT WITH THE DONEES. X X X X 0 1 0 0 0 0 0 0 0 ERIC N GURLEY PRESIDENT/CEO 300299 0 87930 0 7840 0 117028 0 28606 0 541703 0 0 0 DAN FRIEDLUND EXECUTIVE VP/CFO 142414 0 49156 0 0 0 0 0 0 0 191570 0 0 0 TAMMY SEALER SENIOR VP/CAO 107734 0 28670 0 73 0 8361 0 18139 0 162977 0 0 0 ANDREW FISHER SENIOR VP/COO 105730 0 25000 0 3915 0 0 0 26455 0 161100 0 0 0 ROXANN M ROGERS MEYER VP OF MARKETING & COMMUNICATIONS 106007 0 21722 0 483 0 7952 0 24855 0 161019 0 0 0 PART I, LINE 4B ERIC N. GURLEY, PRESIDENT AND CEO, IS A PARTICIPANT IN AN ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE PLAN AND A DEFERRED COMPENSATION PLAN WHICH IS INTENDED TO MEET THE REQUIREMENTS OF SECTIONS 409A AND 457(F). BOTH PLANS ARE SPONSORED BY IMMANUEL, MR. GURLEY'S EMPLOYER. AS OF DECEMBER 31, 2013, MR. GURLEY'S DEFERRED COMPENSATION ACCOUNT WAS CREDITED WITH $99,375. PREMIUMS OF $157,474 WERE PAID FOR THE ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE PLAN POLICY. UNDER THE PLAN, IMMANUEL ENDORSES TO MR. GURLEY THE RIGHT TO DESIGNATE A BENEFICIARY FOR THE PORTION OF THE DEATH BENEFIT IN EXCESS OF THE GREATER OF THE CASH SURRENDER VALUE OR PREMIUMS PAID. THE VALUE OF THAT RIGHT, WHICH WAS INCLUDED IN MR. GURLEY'S REPORTABLE COMPENSATION, WAS $2,803. AS OF JUNE 30, 2014, THE DEATH BENEFIT IN EXCESS OF PREMIUMS PAID WAS $3,497,637. PART I, LINE 6 THE ORGANIZATION DOES NOT PAY OR ACCRUE ANY COMPENSATION BASED ON THE REVENUES OR THE NET EARNINGS OF THE ORGANIZATION OR ANY RELATED ORGANIZATION. HOWEVER, A SMALL PERCENTAGE (LESS THAN 10%) OF THE BONUSES PAID TO ERIC GURLEY, DAN FRIEDLUND, TAMMY SEALER, ANDREW FISHER, ROXANN ROGERS MEYER, DEBRA WELK, MARY ANDERSON AND DONALD JENKINS IS BASED ON AN OPERATING MARGIN CALCULATION OF IMMANUEL AND RELATED TAX-EXEMPT ORGANIZATIONS. A SMALL PERCENTAGE (LESS THAN 10%) OF THE BONUS PAID TO CHERYL MUNDT IS BASED ON AN OPERATING MARGIN CALCULATION OF IMMANUEL HOME AND COMMUNITY RESOURCES, A RELATED TAX-EXEMPT ORGANIZATION. RAMONA EDWARDS DAN FRIEDLUND: EXECUTIVE VICE PRESIDENT & CFO, RAMONA EDWARDS: SPOUSE 107028 RAMONA EDWARDS IS EMPLOYED BY IMMANUEL. 0 FORM 990, PART VII, SECTION B: THE AMOUNTS PAID TO INDEPENDENT CONTRACTORS BY IMMANUEL AND RELATED ORGANIZATIONS ARE ALLOCATED TO EACH RESPECTIVE ORGANIZATION BASED ON THE AMOUNT OF SERVICES PROVIDED TO EACH ORGANIZATION. FOR PURPOSES OF REPORTING THE PAYMENTS ON PART VII OF FORM 990, THE ENTIRE AMOUNT OF COMPENSATION IS REPORTED ON THIS FORM 990 FOR IMMANUEL. FORM 990, PART V, LINE 2A: IMMANUEL IS THE SOLE MEMBER OF IMMANUEL RETIREMENT COMMUNITIES, IMMANUEL HOME AND COMMUNITY RESOURCES, IMMANUEL LONG TERM CARE, AND IMMANUEL COMMUNITY VISION FOUNDATION. IMMANUEL ISSUES THE FORM W-2 FOR THE ALL THE EMPLOYEES OF EACH OF THESE ORGANIZATIONS. BECAUSE IMMANUEL IS REIMBURSED FOR THE SALARIES AND BENEFITS OF THESE EMPLOYEES BY EACH OF THE ORGANIZATIONS, THE EXPENSES FOR THE SALARIES AND BENEFITS ARE REFLECTED ON EACH OF THE ORGANIZATION'S FORM 990 IN PART IX, STATEMENT OF FUNCTIONAL EXPENSES AND NOT ON IMMANUEL'S FORM 990, PART IX, LINE 7. FORM 990, PART VI, SECTION A, LINE 7A THE SYNOD COUNCIL OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA (ELCA) ELECTS ONE-THIRD OF THE DIRECTORS OF IMMANUEL AND MUST CONFIRM THE OTHER TWO-THIRDS OF ELECTED DIRECTORS BEFORE THEY TAKE OFFICE. ADDITIONALLY, THE BISHOP OF THE NEBRASKA SYNOD OF THE ELCA AND THE PRESIDENT/CEO OF IMMANUEL ARE BOTH VOTING EX OFFICIO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE SYNOD COUNCIL OF THE NEBRASKA SYNOD OF THE EVANGELICAL CHURCH IN AMERICA MUST APPROVE ANY AMENDMENT TO THE ARTICLES OR BYLAWS OF IMMANUEL. THEREFORE, ANY CHANGES TO THE GOVERNING DOCUMENTS THAT IMPACT THE GOVERNANCE OF THE ORGANIZATION MUST BE APPROVED BY THE SYNOD COUNCIL. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM WITH THE ASSISTANCE OF THE CONTROLLER, AND IS THEN REVIEWED BY THE CFO AND THE CONTROLLER. COPIES OF THE REVIEWED RETURN ARE PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY STATES THAT THE MEMBERS OF THE BOARD OF DIRECTORS MUST SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ALL CONFLICTS. THE GOVERNANCE COMMITTEE SHALL DECIDE WHAT ACTIONS NEED TO BE TAKEN CONCERNING ANY CONFLICTS. A BOARD MEMBER IS PROHIBITED FROM VOTING ON ANY BUSINESS RELATED TO ANY CONFLICT THE GOVERNANCE COMMITTEE HAS IDENTIFIED WITH RESPECT TO THAT BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 IMMANUEL ANALYZES MARKET-BASED COMPENSATION STUDIES, REVIEWS JOB DESCRIPTIONS AND INTERVIEWS OUTSIDE HUMAN RESOURCE CONSULTANTS. COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF TOP MANAGEMENT PERSONNEL IS APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 IMMANUEL DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 140,085. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 140,085. OTHER FEES FOR SERVICE: PROGRAM SERVICE EXPENSES 65,155. MANAGEMENT AND GENERAL EXPENSES 532,832. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 597,987. FORM 990, PART IX, LINE 25: IMMANUEL IS THE SOLE CORPORATE MEMBER OF IMMANUEL RETIREMENT COMMUNITIES (IRC), IMMANUEL HOME AND COMMUNITY RESOURCES (IHCR) AND SUBSIDIARIES, IMMANUEL LONG TERM CARE (ILTC) AND IMMANUEL COMMUNITY VISION FOUNDATION (ICVF); ALL NOT-FOR-PROFIT ORGANIZATIONS. IMMANUEL PROVIDES MANAGEMENT SERVICES, INCLUDING EXECUTIVE, ACCOUNTING AND HUMAN RESOURCES, TO ALL OF THESE ORGANIZATIONS. FOR THE YEAR ENDED JUNE 30, 2014, THE FOLLOWING ORGANIZATIONS REPORTED FUNCTIONAL EXPENSES AS FOLLOWS: IMMANUEL RETIREMENT COMMUNITIES: - PROGRAM SERVICE: $23,202,744 - MANAGEMENT & GENERAL: $5,673,301 IMMANUEL HOME & COMMUNITY RESOURCES: - PROGRAM SERVICE: $2,642,185 - MANAGEMENT & GENERAL: $202,914 PACE IOWA (SUBSIDIARY) - PROGRAM SERVICE: $7,087,985 - MANAGEMENT & GENERAL: $958,465 PACE NEBRASKA (SUBSIDIARY) - PROGRAM SERVICE: $4,795,092 - MANAGEMENT & GENERAL: $816,543 IMMANUEL LONG TERM CARE: - PROGRAM SERVICE: $3,039,574 - MANAGEMENT & GENERAL: $819,195 IMMANUEL COMMUNITY VISION FOUNDATION: - PROGRAM SERVICE: $6,158 - MANAGMENT & GENERAL: $86,989 FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF IMMANUEL'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM PRIOR YEARS. SCHEDULE R, PART V, LINE 2(3) ON APRIL 10, 2010 AND JUNE 19, 2014 TAX EXEMPT BONDS WERE ISSUED BY IMMANUEL RETIREMENT COMMUNITES, A SUPPORTED ORGANIZATION OF IMMANUEL. THE LIABILITY FOR THE BONDS IS REPORTED ON THE BALANCE SHEET OF IMMANUEL RETIREMENT COMMUNITIES. PURSUANT TO A MASTER TRUST INDENTURE, IMMANUEL AND IMMANUEL RETIREMENT COMMUNITIES (THE OBLIGATED GROUP) ARE JOINTLY AND SEVERALLY OBLIGATED TO MAKE DEBT SERVICE PAYMENTS ON THE 2010 AND 2014 SERIES HEALTH FACILITIES REVENUE BONDS. IMMANUEL CORE FUND LLC 5858 WENNINGHOFF ROAD OMAHA NE 68134 462921681 INVEST AND MANAGE INVESTMENTS FOR THE BENEFIT OF RELATED ENTITIES NE -2831087 57826754 IMMANUEL IMMANUEL RETIREMENT COMMUNITIES 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 470799108 ELDERLY HOUSING NE 501(C)(3) LINE 9 IMMANUEL 1 IMMANUEL COMMUNITY FOUNDATION 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 470624928 FUNDRAISING NE 501(C)(3) LINE 11C, III-FI IMMANUEL - SEE STATEMENT 1 IMMANUEL AFFORDABLE INC 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 470831041 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 9 IMMANUEL 1 IMMANUEL AFFORDABLE II INC 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 800016829 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 9 IMMANUEL 1 IMMANUEL TRINITY AFFORDABLE INC 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 113742894 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 9 IMMANUEL 1 501(C)(3) LINE 3 0 IMMANUEL HOME AND COMMUNITY RESOURCES 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 272628802 ELDERLY SERVICES NE 501(C)(3) LINE 9 IMMANUEL 1 PACE IOWA 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 273635343 ELDERLY SERVICES NE 501(C)(3) LINE 9 IMMANUEL HOME AND COMMUNITY RESOURCES 1 PACE NEBRASKA 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 273635416 ELDERLY SERVICES NE 501(C)(3) LINE 9 IMMANUEL HOME AND COMMUNITY RESOURCES 1 IMMANUEL LONG TERM CARE 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 462582783 LONG-TERM HEALTH CARE SERVICES NE 501(C)(3) LINE 9 IMMANUEL 1 IMMANUEL COMMUNITY VISION FOUNDATION 5858 WENNINGHOFF RD SUITE 2 OMAHA NE 68134 462693844 SUPPORT COMMUNITY ORGANIZATIONS WHOSE MISSIONS ALIGN WITH IMMANUEL ENTITIES NE 501(C)(3) LINE 11B, II IMMANUEL 1 1 0 1 1 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1 IMMANUEL RETIREMENT COMMUNITIES A 409961 CASH TRANSFERRED EQUALS FMV IMMANUEL HOME AND COMMUNITY RESOURCES A 84630 CASH TRANSFERRED EQUALS FMV PACE IOWA D 318965 CASH TRANSFERRED EQUALS FMV PACE NEBRASKA D 184744 CASH TRANSFERRED EQUALS FMV IMMANUEL RETIREMENT COMMUNITIES - SEE SCH O EXPLANATION D 17500000 CASH TRANSFERRED EQUALS FMV IMMANUEL RETIREMENT COMMUNITIES D 2313604 CASH TRANSFERRED EQUALS FMV IMMANUEL HOME AND COMMUNITY RESOURCES D 114340 CASH TRANSFERRED EQUALS FMV IMMANUEL RETIREMENT COMMUNITIES Q 2843028 CASH TRANSFERRED EQUALS FMV IMMANUEL COMMUNITY FOUNDATION Q 136801 CASH TRANSFERRED EQUALS FMV IMMANUEL HOME AND COMMUNITY RESOURCES Q 1650174 CASH TRANSFERRED EQUALS FMV IMMANUEL LONG TERM CARE Q 594154 CASH TRANSFERRED EQUALS FMV IMMANUEL LONG TERM CARE R 3107549 CASH TRANSFERRED EQUALS FMV IMMANUEL AFFORDABLE II INC S 171393 CASH TRANSFERRED EQUALS FMV IMMANUEL TRINITY AFFORDABLE INC S 293787 CASH TRANSFERRED EQUALS FMV SCHEDULE R, PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS IMMANUEL COMMUNITY FOUNDATION'S DIRECTORS ARE SELECTED BY THE BOARDS OF DIRECTORS OF THE THREE ORGANIZATIONS IT SUPPORTS; IMMANUEL RETIREMENT COMMUNITIES, IMMANUEL HOME AND COMMUNITY RESOURCES, AND IMMANUEL LONG TERM CARE. EACH OF THESE THREE ORGANIZATIONS IS CONTROLLED BY THEIR SOLE MEMBER, IMMANUEL.