2014-07-22T13:43:38-05:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 101 NORTH TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2013-01-01 620698709 PRESBYTERIAN HOMES OF TENNESSEE INC PRES 8656903411 801 VANOSDALE ROAD KNOXVILLE TN 37909 WILLIAM R THOMAS JR PRESIDENT/CEO 8656903411 2014-07-21 1 JOHN NORMAN P01506766 7049985200 2013 2015-11-30 17:44:51Z WILLIAM R THOMAS JR 801 VANOSDALE ROAD KNOXVILLE TN 37909 30624493 0 X WWW.SHANNONDALETN.COM X 1968 TN THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES. 17 0 688 17 0 0 275225 234642 29230554 29549167 387253 625384 877307 215300 30770339 30624493 0 0 0 0 17124488 17095863 0 0 0 12582963 11872473 29707451 28968336 1062888 1656157 67501398 68086246 43859959 40424616 23641439 27661630 THE ORGANIZATION IS AN EXEMPT ORGANIZATION RELATED TO THE PRESBYTERIAN CHURCH OF TN. THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES CONSISTING OF RESIDENTIAL RETIREMENT COMPLEXES, ASSISTED LIVING FACILITIES, AND SKILLED NURSING FACILITIES. 0 0 14698935 20255412 EXPENSES RELATED TO PROVIDING SKILLED NURSING AND RELATED HEALTH CARE SERVICES TO THE ELDERLY. THERE ARE 244 RESIDENT BEDS AVAILABLE AND 84,775 DAYS OF SERVICES WERE PROVIDED. 5363179 6479684 EXPENSES INCURRED PROVIDING RETIREMENT HOME AND RELATED SERVICES TO THE ELDERLY. 140,843 DAYS WERE PROVIDED. 2131832 3029371 EXPENSES INCURRED PROVIDING ASSISTED LIVING AND RELATED SERVICES TO THE ELDERLY. THERE ARE 84 PATIENT BEDS AND 24,224 DAYS WERE PROVIDED. 22193946 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 22 0 1 688 1 0 0 0 0 0 0 0 0 0 0 X 17 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X GLEN MCDANIEL 8656903411 801 VANOSDALE ROAD KNOXVILLE TN 37909 CHARLES WEST MEMBER 1.00 X 0 0 0 DEBBIE JONES CHAIRMAN 1.00 X 0 0 0 SANDY MARTIN SECRETARY 1.00 X 0 0 0 DALE KEASLING TREASURER 1.00 X 0 0 0 WILLIAM REEVES MEMBER 1.00 X 0 0 0 JOE COLQUITT MEMBER 1.00 X 0 0 0 WILLIAM HURT MEMBER 1.00 X 0 0 0 CRAIG JARVIS MEMBER 1.00 X 0 0 0 MIKE DALTON VICE CHAIRMAN 1.00 X 0 0 0 FRANK MYERS MEMBER 1.00 X 0 0 0 GAINES PITTENGER MEMBER 1.00 X 0 0 0 MICHAEL MILLER MEMBER 1.00 X 0 0 0 CATHERINE BEALS MEMBER 1.00 X 0 0 0 MARY ALICE TUCKER MEMBER 1.00 X 0 0 0 ROBERT KILLEFER MEMBER 1.00 X 0 0 0 DOUG OVERBEY MEMBER 1.00 X 0 0 0 HOLLY BURKETT MEMBER 1.00 X 0 0 0 WILLIAM R THOMAS JR PRESIDENT/CEO 37.50 X 226505 0 22651 TODD TAYLOR ADMINISTRATOR 37.50 X 125452 0 12545 DAVID MAXWELL ADMINSTRATOR 37.50 X 103393 0 10339 455350 0 45535 3 0 1 0 TRU GREEN LANDCARE PO BOX 759316 BALTIMORE MD 212759316 LAWN CARE 158689 RICHARD H DAVIS 3201 MT VERNON DRIVE KNOXVILLE TN 37920 HOME REPAIR 121421 2 234642 234642 GENERAL SERVICE FEES 623000 24068043 24068043 5481124 5481124 29549167 563036 563036 62348 0 62348 62348 62348 MEALS - GUESTS AND EMPLOYEES 623000 70047 70047 145253 145253 215300 30624493 29764467 0 625384 13461061 12115996 1345065 1207018 1207018 1431131 1431131 996653 996653 83364 83364 97772 97772 45519 45519 890162 843117 47045 30615 30615 279255 243391 35864 137962 33731 104231 2718998 2718998 26444 5871 20573 21778 16592 5186 327712 327712 2502751 2496243 6508 MEDICAL SUPPLIES 2261499 2261499 FOOD COSTS 1320967 1320967 LICENSES & DUES 655939 655939 BAD DEBT 64571 64571 407165 137541 269624 28968336 22193946 6774390 0 794337 461253 2704502 2903279 1549271 1583150 170496 176683 48538 49469 87348539 36181529 51598834 51167010 10322231 11487515 313189 257887 67501398 68086246 721625 871503 29701073 28857596 8957579 7809689 4479682 2885828 43859959 40424616 X 23216419 27340948 425020 320682 23641439 27661630 67501398 68086246 X 1656157 735467 1628567 X 0 1 X 0 0 X 571721 468834 418506 275225 234642 1968928 28999298 29350996 30094761 29230554 29549167 147224776 29571019 29819830 30513267 29505779 29783809 149193704 0 0 0 149193704 150090 301901 267503 387253 625384 1732131 150090 301901 267503 387253 625384 1732131 139979 107296 2311578 877307 215300 3651460 29861088 30229027 33092348 30770339 30624493 154577295 0.96520 0.96780 0.01120 0.00880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1914535 1914535 76182187 30887555 45294632 1605329 1605329 6003305 5093093 910212 1643183 200881 1442302 51167010 LONG TERM INVESTMENTS 11487515 F 11487515 ACCRUED PENSION LIABILITIES 2885828 2885828 X 33093497 736099 1809543 2545642 30547855 76638 76638 30624493 28968968 632 632 28968336 0 28968336 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE CORPORATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD ANY STATUS BE CHALLENGED IN THE FUTURE, THE 2010, 2011, AND 2012 TAX YEARS ARE OPEN FOR EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF THE CORPORATION. MANAGEMENT IS NOT AWARE OF ANY SIGNIFICANT ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES FOR THE CORPORATION. THE CORPORATION FOLLOWS GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE HAS HAD NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PLAN ASSETS AND BENEFIT OBLIGATIONS 1,628,567. NET ASSETS RELEASED FROM RESTRICTIONS 180,976. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESTRICTED CONTRIBUTIONS 76,638. PART XII, LINE 2D - OTHER ADJUSTMENTS: OTHER 632. 1 X X X 0 0 0 0 0 0 0 0 0 WILLIAM R THOMAS JR PRESIDENT/CEO 225875 0 0 0 630 0 0 0 22651 0 249156 0 0 0 A THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY TENNESSEE 621192419 NONEAVAIL 2009-12-04 12263362 REFUND OF OLD BONDS AND REFINANCE OTHER DEBT 1 1 0 A 2009 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 1 0 1 0 0 0 0 A 0 DALE KEASLING BUSINESS RELATIONSHIP THE CORPORATION HAS VARIOUS DEPOSIT ACCOUNTS WITH HOME FEDERAL BANK, WHOSE PRESIDENT IS A MEMBER OF THE BOARD OF DIRECTORS OF THE CORPORATION. AT DECEMBER 31, 2013 AND 2012, TOTAL DEPOSITS HELD WITH HOME FEDERAL BANK APPROXIMATED $1,171,000 AND $1,473,000, RESPECTIVELY. 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C TO ENSURE THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. THE PERIODIC REVIEWS SHALL, AT A MINIMUM, INCLUDE THE FOLLOWING SUBJECTS: A. WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE AND THE RESULT OF ARM'S LENGTH BARGAINING. B. WHETHER PARTNERSHIPS, JOINT VENTURES, AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS CONFORM TO THE ORGANIZATION'S WRITTEN POLICIES, ARE PROPERLY RECORDED, REFLECT REASONABLE INVESTMENT OR PAYMENTS FOR GOODS AND SERVICES, FURTHER CHARITABLE PURPOSES AND DO NOT RESULT IN INURNMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS DETERMINED BY JOB PERFORMANCE, AS WELL AS THE GOING RATE IN THE AREA, AND IS THEN APPROVED BY THE BOARD. THE PROCESS WAS LAST UNDERTAKEN FOR WILLIAM R. THOMAS, CEO & PRESIDENT ON 1/1/13, TODD TAYLOR, ASSISTANT ADMINISTRATOR ON 8/5/13 AND DAVID MAXWELL, ADMINISTRATOR ON 3/18/13. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS 1,628,567.