2014-05-15T13:23:52-05:00 2013-12-31 720549733 ERICKSEN KRENTEL & LAPORTE LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2013-01-01 721192571 CHRISTWOOD CHRI 9858980515 100 CHRISTWOOD BLVD COVINGTON LA 70433 L STEPHEN HOLZHALB EXECUTIVE DIRECTOR 9858980515 2014-05-14 1 RONALD H DAWSON JR CPA P00442622 5044867275 2013 2015-11-30 17:44:51Z L STEPHEN HOLZHALB 100 CHRISTWOOD BLVD COVINGTON LA 70433 14232850 0 X WWW.CHRISTWOODRC.COM X 1999 LA CONTINUING CARE RETIREMENT COMMUNITY 15 15 241 68 0 0 7857 6893 13512757 13590767 226387 460249 0 0 13747001 14057909 0 0 0 0 5764960 6125198 0 0 0 7646033 8030116 13410993 14155314 336008 -97405 57607962 58190270 61925570 67016179 -4317608 -8825909 X CHRISTWOOD'S MISSION IS TO HELP SENIORS LIVE WITH DIGNITY, INDEPENDENCE AND THE ASSURANCE OF NEEDED PHYSICAL, SPIRITUAL AND MEDICAL CARE. CHRISTWOOD WILL ALSO FOSTER, SPONSOR, ORGANIZE, DEVELOP AND PARTICIPATE IN OTHER ACTIVITIES OF A CHARITABLE, EDUCATIONAL OR SCIENTIFIC NATURE COMPATIBLE WITH ITS MISSION. 0 0 11865808 13753756 TO PROVIDE HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF A RETIREMENT FACILITY CONTAINING APARTMENTS AND A HEALTH-CARE FACILITY. 11865808 1 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 92 0 1 241 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 1 0 0 1 1 0 1 1 0 0 0 0 1 1 1 1 0 LA X DEBBIE PERTUIS 9858980515 100 CHRISTWOOD BLVD COVINGTON LA 70433 NANCY LEE BOARD VICE-PRESIDENT 2.00 X X 0 0 0 THE VERY REV PAUL BAILEY MDIV BOARD MEMBER 1.00 X 0 0 0 JAMES DOMBROWSKI CFP BOARD PRESIDENT 3.00 X X 0 0 0 DIANE G WINSTON BOARD MEMBER 1.00 X 0 0 0 KERRY MILTON RN BOARD MEMBER 1.00 X 0 0 0 THE REV WINSTON RICE ESQ BOARD MEMBER 1.00 X 0 0 0 RICHARD R KNIGHT ESQ BOARD MEMBER 1.00 X 0 0 0 WILLIAM MASON III CPA TREASURER 3.00 X X 0 0 0 COLIN MCCOMISKEY MD BOARD MEMBER 1.00 X 0 0 0 FRANK E LAMOTHE III ESQ BOARD MEMBER 1.00 X 0 0 0 WILLIE PARETTI BOARD MEMBER 1.00 X 0 0 0 JAMES R WILLIS MD SECRETARY 2.00 X X 0 0 0 ROBERT BARNES MD BOARD MEMBER 1.00 X 0 0 0 STEVEN SCOGGIN GAA BOARD MEMBER 1.00 X 0 0 0 JAMES VALLIANT BOARD MEMBER 1.00 X 0 0 0 LEON S HOLZHALB III EXECUTIVE DIRECTOR 50.00 X 124605 0 0 124605 0 0 1 0 0 0 MCMATH CONSTRUCTION 1125 N CAUSEWAY BLVD STE 2 MANDEVILLE LA 70471 CONSTRUCTION 4948902 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMOSASSA FL 34446 REHAB SERVICES 401509 LIFE CARE SERVICES 400 LOCUST STREET STE 820 DES MOINES IA 50309 ADMINISTRATION AND MANAGEMENT 367892 GARDEN SPOT NUSERY 770 ROBERT BLVD SLIDELL LA 70458 LAWN MAINTENANCE 178847 FAUNTLEROY & LATHAM ARCHITECTS 229 ST JOHN LANE COVINGTON LA 70433 ARCHITECTURAL SERVICES 154793 5 6893 6893 MONTHLY SERVICE FEE 623990 7739205 7739205 ROOM AND BOARD 623990 2631541 2631541 EARNED ENTRY FEES 623990 2176158 2176158 OTHER SERVICE FEES 623990 1039506 1039506 MISC. INCOME 900099 4357 4357 13590767 297260 297260 337930 21027 153914 316903 -153914 162989 162989 14057909 13753756 0 297260 124605 124605 5323154 4620955 702199 95061 69732 25329 182839 170455 12384 399539 345984 53555 211962 211962 105267 105267 28329 28329 305169 285708 19461 222971 19235 203736 40530 24758 15772 1445960 1355975 89985 21686 13032 8654 70947 39544 31403 1343024 1343024 1456540 1456540 856984 399406 457578 SUPPLIES 708777 660212 48565 ACTIVITIES 576071 576071 REPAIRS & MAINTENANCE 325278 310325 14953 BAD DEBTS 112000 112000 198621 174852 23769 14155314 11865808 2289506 0 1753002 1419880 9474345 4297497 802592 448443 130636 165813 54210249 14492388 34178070 39717861 10668610 11502157 600707 638619 57607962 58190270 920548 2067421 30260574 13860245 28078519 26932707 490000 515000 2175929 23640806 61925570 67016179 X -4317608 -8825909 -4317608 -8825909 57607962 58190270 X -97405 409278 -4820174 0 X X 0 1 X 1 0 X 24324 17383 13722 7857 6893 70179 10930867 11784126 11863865 13512757 13590767 61682382 10955191 11801509 11877587 13520614 13597660 61752561 0 0 0 61752561 222193 217979 319195 311988 297260 1368615 222193 217979 319195 311988 297260 1368615 11177384 12019488 12196782 13832602 13894920 63121176 0.97830 0.97600 0.02170 0.02400 X 3380472 3380472 45103604 11187773 33915831 1622011 476752 1145259 4104162 2827863 1276299 39717861 GROUP INVESTMENT 9928927 F THE BANK OF NEW YORK TRUST COMPANY 1573230 F 11502157 REFUNDABLE ENDOWMENT 23543261 DEPOSITS 97545 23640806 14383643 409278 409278 13974365 83544 83544 14057909 14071770 0 14071770 83544 83544 14155314 A CHRISTWOOD - SERIES 2011 721192571 2011-03-03 12500000 CONSTRUCTION AND IMPROVEMENTS 0 0 0 A 12500000 772311 546141 433346 10784202 2013 0 0 0 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 3 LIFE CARE SERVICES PROVIDES SOFTWARE FOR MANAGEMENT OF CHRISTWOOD. FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IS OPEN TO ANY PERSON DULY ELECTED AND SERVING AS A CURRENT MEMBER OF THE VESTRY OF CHRIST EPISCOPAL CHURCH, COVINGTON, LA. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF CHRIST EPISCOPAL VESTRY NOMINATE THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE DIRECTOR OF ACCOUNTING REVIEWS FORM 990 AGAINST THE AUDITED FINANCIAL STATEMENTS PREPARED BY OUR AUDITORS FOR ACCURACY. ONCE IT HAS BEEN REVIEWED, IT IS GIVEN TO THE EXECUTVE OFFICER FOR APPROVAL AND SIGNATURE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION INCREASES ARE BASED ON ANNUAL PERFORMANCE REVIEWS MADE BY A SUB-COMMITTEE OF THE BOARD OF DIRECTORS CHARGED WITH MONITORING PERFOMANCE. ANY CHANGES IN COMPENSATION ARE APPROVED BY THE BOARD OF DIRECTORS. THEY ARE ALSO PROVIDED WITH COMPARABLE DATA FOR THE LOCAL AREA. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM YEAR TO YEAR. FORM 990, PART XI, LINE 8 DURING THE YEAR ENDED DECEMBER 31, 2013, THE CCRC IMPLEMENTED FASB ASUNO. 2012-01, HEALTH CARE ENTITIES TOPIC 954 FOR CONTINUING CARE RETIREMENT COMMUNITIES REFUNDABLE ADVANCE FEES. THIS ASU CLARIFIES THAT AN ADVANCE FEE IS DEFERRED REVENUE WHEN A RESIDENT CONTRACT PROVIDES FOR PAYMENT OF THE REFUNDABLE ADVANCE FEE UPON RE-OCCUPANCY BY A SUBSEQUENT RESIDENT, WHICH IS LIMITED TO THE PROCEEDS OF RE-OCCUPANCY. RESIDENT CONTRACTS CONTINGENT UPON RE-OCCUPANCY BY A SUBSEQUENT RESIDENT BUT NOT LIMITED TO THE PROCEEDS OF RE-OCCUPANCY SHOULD BE ACCOUNTED FOR AND REPORTED AS A LIABILITY. PRIOR TO IMPLEMENTATION OF FASB ASU NO. 2012-01, ALL REFUNDABLE ADVANCE FEES WERE RECORDED AS DEFERRED REVENUE AND AMORTIZED TO INCOME OVER FUTURE PERIODS BASED ON THE REMAINING LIFE OF THE FACILITY. AFTER IMPLEMENTATION, ALL REFUNDABLE ADVANCE FEES ARE RECLASSIFIED FROM DEFERRED REVENUE TO A REFUND LIABILITY AND A REDUCTION TO NET ASSETS AND REVENUE TOTALING $4,820,171 FOR PREVIOUSLY AMORTIZED DEFERRED REVENUE. THE ADJUSTMENTS FOR IMPLEMENTATION OF THIS ASU IS APPLIED RETROSPECTIVELY BY RECORDING A CUMULATIVE-EFFECT ADJUSTMENT TO UNRESTRICTED NET ASSETS AS OF THE BEGINNING OF THE EARLIEST PERIOD PRESENTED. CHRIST EPISCOPAL CHURCH 120 S NEW HAMPSHIRE ST COVINGTON LA 70433 RELIGIOUS LA 501(C)3 0 CHRISTWOOD RESIDENTS COUNCIL 100 CHRISTWOOD BLVD COVINGTON LA 70433 REPRESENT RESIDENTS OF CHRISTWOOD LA 501(C)3 0 CHRISTWOOD SUPPORT FOUNDATION 100 CHRISTWOOD BLVD COVINGTON LA 70433 RESIDENT SUPPORT LA 501(C)3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0