2014-02-10T09:49:27-06:00 2013-09-30 410746749 CLIFTONLARSONALLEN LLP 101 N TRYON STREET SUITE 1000 CHARLOTTE NC 28246 990 2012-10-01 570327887 LUTHERAN HOMES OF SOUTH CAROLINA INC LUTH 8037495110 300 MINISTRY DRIVE IRMO SC 29063 PARKE B HORTON 8037495110 2014-02-10 1 JOHN NORMAN P01506766 7049985200 2012 2015-11-30 17:44:51Z THOMAS E BROWN JR 300 MINISTRY DRIVE IRMO SC 29063 70861999 0 X WWW.LUTHERANHOMESSC.ORG X 1924 SC PROMOTE THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE AND HOSPICE SERVICES. 16 16 1781 1150 0 0 1343744 1468630 61030211 64046236 243566 90934 5046797 5112492 67664318 70718292 0 0 0 0 34817215 33108722 0 0 0 34369585 38504530 69186800 71613252 -1522482 -894960 119491743 133490470 131743363 146637050 -12251620 -13146580 X LUTHERAN HOMES OF SC OPERATES AS A MINISTRY OF THE SC SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA TO PROMOTE THE WELL-BEING OF OLDER ADULTS BY PROVIDING RESIDENTIAL, HEALTH CARE AND HOSPICE SERVICES. 0 0 56738181 57220234 CONTINUING CARE RETIREMENT COMMUNITYLUTHERAN HOMES SERVED 1,863 RESIDENTS BY PROVIDING 250 ACTIVE LIFESTYLE HOMES, DUPLEXES AND APARTMENTS, 136 INDEPENDENT LIVING RENTAL APARTMENTS, 230 ASSISTED-LIVING UNITS, 98 ASSISTED-LIVING MEMORY SUPPORT UNITS, 14 SKILLED NURSING MEMORY SUPPORT BEDS AND 310 SKILLED NURSING BEDS. A GRANT PROGRAM WITH ITS AFFILIATED FOUNDATION SUBSIDIZES 43 RESIDENTS WHO WERE UNABLE TO PAY FULL CHARGES OR QUALIFY FOR GOVERNMENT ASSISTANCE. (CONTINUED ON SCHEDULE O)HERITAGE AT LOWMAN, CCRCRICE ESTATE, CCRCFRANKE AT SESIDE, CCRCROSECREST, CCRCTRINITY ON LAURENS, CCRC 6192226 7213213 HOSPICELUTHERAN HOMES PROVIDED CARE FOR APPROXIMATELY 310 TERMINALLY ILL PATIENTS AND OVER 1,116 FAMILY MEMBERS AND CAREGIVERS. 3890839 4146456 HOME SERVICESLUTHERAN HOMES PROVIDED IN-HOME SUPPORTIVE SERVICES FOR 564 INDIVIDUALS AND THEIR FAMILIES. 66821246 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 159 0 1781 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 SC X X PARKE B HORTON CFO 8037495110 300 MINISTRY DRIVE IRMO SC 29063 BRUCE SHEALY 1.00 X 0 0 0 LUTHER BOLIEK 1.00 X 0 0 0 LIB CARSWELL 1.00 X 0 0 0 JEWELL EANES 1.00 X 0 0 0 RICHARD MOOSE 1.00 X 0 0 0 BOB SOHL 1.00 X 0 0 0 DONNA SCARBORO 1.00 X 0 0 0 DR PHILIP WESSINGER 1.00 X 0 0 0 DR DONNA MILLER POTTS 1.00 X 0 0 0 HARRIETTE WUNDER 1.00 X 0 0 0 REV HERMON YOOS 1.00 X 0 0 0 CHARLIE KIRBY 1.00 X 0 0 0 JANELLE OTHERSEN 1.00 X 0 0 0 REV LARRY LONG 1.00 X 0 0 0 REV DR RICHARD CAMPBELL 1.00 X 0 0 0 STEVE MOLEN 1.00 X 0 0 0 DR THOMAS E BROWN JR 39.00 1.00 X 270619 0 43217 PARKE B HORTON 39.00 1.00 X 185349 0 10858 WESLEY BARD 40.00 X 149622 0 6136 REV ROBERT G COON 1.00 39.00 X 131564 0 9343 MELISSA YETTER 40.00 X 131437 0 5966 DENISE DICKINSEN 40.00 X 109501 0 1479 PAUL WITTE 40.00 X 103129 0 4386 1081221 0 81385 7 0 1 0 FUNCTIONAL PATHWAYS 317 EBENEZER ROAD 7 KNOXVILLE TN 37923 THERAPY SERVICES 2479060 UNIDINE - FIRST GROWTH CAPITAL 1000 WASHINGTON STREET SUITE 510 BOSTON MA 02118 DINING, STAFFING, & PURCHASING 1179890 HERITAGE HEALTHCARE 536 OLD HOWELL RD GREENVILLE SC 29615 THERAPY, STAFFING, & CONSULTING 847767 CASTLEKEEPERS 2030 HARLEY STREET CHARLESTON SC 29415 HOUSEKEEPING SERVICES 447029 CHARLESTON LAWN 1913 HERBET STREET CHARLESTON SC 29405 GROUNDS MAINTENANCE 263465 8 777418 691212 1468630 PROGRAM REVENUE 623000 61688324 61688324 AMORTIZATION REVENUE 623000 2357912 2357912 64046236 190934 190934 98269 43707 54562 54562 54562 100000 -100000 -100000 -100000 MANAGEMENT FEE 541610 4533667 4533667 524263 524263 5057930 70718292 68579903 0 669759 569117 569117 26443100 23895484 2547616 70321 2685 67636 3957229 3925206 32023 2068955 1988978 79977 4620773 4620773 74282 10045 64237 245101 245101 12522853 12310858 211995 572993 512493 60500 972109 361144 610965 428123 292131 135992 3081803 3020728 61075 405935 325150 80785 58782 33795 24987 3681070 3681070 5500418 5500418 985504 985504 PROGRAM SUPPLIES 1299078 1299078 BUILDING, EQUIPMENT, GR 1283458 1283458 FOOD SUPPLIES 1244189 1244189 MAINTENANCE EXPENSE 476689 476689 1051370 1051370 71613252 66821246 4792006 0 432591 1503115 4129806 4593162 114858 117893 463246 823776 161328505 59947536 102167956 101380969 9563494 22045558 2619792 3025997 119491743 133490470 6016328 6682035 47242793 49060846 76732296 89100398 934619 831898 817327 961873 131743363 146637050 X -12251620 -13146580 -12251620 -13146580 119491743 133490470 -894960 0 X X 0 1 X 1 0 X 1193786 2139191 1485360 1343744 1468630 7630711 57767194 60280193 61830546 61030211 64046236 304954380 58960980 62419384 63315906 62373955 65514866 312585091 0 0 0 312585091 241217 214176 198556 249202 190934 1094085 241217 214176 198556 249202 190934 1094085 4698623 4977011 4986550 5046797 5112492 24821473 63900820 67610571 68501012 67669954 70818292 338500649 0.92340 0.92290 0.00320 0.00400 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4497275 4497275 134223020 47650413 86572607 288771 16182 272589 12961381 6180941 6780440 9358058 6100000 3258058 101380969 INVESTMENT IN SUBSIDIARY 175523 F INVESTMENTS 21870035 F 22045558 FUNDS HELD FOR RESIDENTS 48033 ASSET RETIREMENT OBLIGATION 266720 THIRD PARTY PAYABLES 635120 DUE TO AFFILIATE 12000 961873 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE LUTHERAN HOMES OF SOUTH CAROLINA, INC. AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE, AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION'S INCOME TAX RETURNS FOR 2010, 2011 AND 2012 ARE OPEN FOR INSPECTION BY TAXING AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INCOME TAX STANDARD. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED SEPTEMBER 30, 2013 OR 2012. X 1 1 X X X X X 1 1 0 0 0 1 0 0 0 DR THOMAS E BROWN JR 265124 0 2294 0 3201 0 43217 0 0 0 313836 0 0 0 PARKE B HORTON 178712 0 5828 0 809 0 10858 0 0 0 196207 0 0 0 WESLEY BARD 147366 0 1160 0 1096 0 6136 0 0 0 155758 0 0 0 PART I, LINE 1A ROBERT COON IS A PASTOR AND DESIGNATES A PORTION OF HIS COMPENSATION AS HOUSING UNDER IRS RULES. PART I, LINES 4A-B WESLEY BARD - SEVERANCE PAYMENT - $11,700 PART I, LINE 6 THE ORGANIZATION HAS A BOARD APPROVED EXECUTIVE INCENTIVE PROGRAM. THE INCENTIVE AMOUNTS ARE BASED ON ACHIEVING VARIOUS QUALITY AND FINANCIAL MEASURMENTS. THE FINANCIAL MEASUREMENTS INCLUDE ACHIEVING THE BUDGET DEBT COVERAGE RATIO AND NET OPERATING MARGIN RATIO. THOMAS BROWN, JR. RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $2,294 DURING FISCAL YEAR 2013. PARKE HORTON RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $5,828 DURING FISCAL YEAR 2013. MELISSA YETTER RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $2,176 DURING FISCAL YEAR 2013. ROBERT COON RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $10,896 DURING FISCAL YEAR 2013. PAUL WITTE RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT $1,957 DURING FISCAL YEAR 2013. DENISE DICKINSON RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $2,566 DURING FISCAL YEAR 2013. BILLY HODGE RECEIVED EXECUTIVE INCENTIVE COMPENSATION IN THE AMOUNT OF $9,454 DURING FISCAL YEAR 2013. A LUTHERAN HOMES OF SOUTH CAROLINA INC 570327887 837033AJ0 2007-07-12 43082510 REFINANCING AND RENOVATIONS 1 0 0 B LUTHERAN HOMES OF SOUTH CAROLINA INC 570327887 837032AWI 2012-08-23 14325000 DEFEASED PORTION OF 1998 SERIES 0 0 0 C LUTHERAN HOMES OF SOUTH CAROLINA INC 570327887 837033KM0 2013-05-01 36306637 REFINANCE PORTION OF 1998 SERIES AND CONSTRUCTION SNF 0 0 0 A 1070000 43550000 3135317 37330399 861650 1755144 2009 1 1 1 1 B 1270000 14325000 191250 2012 1 0 1 1 C 35450000 2565540 1340279 21922669 726133 12317556 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 0 0 0 0 0 B 1 0 0 0 0 0 C 1 0 0 1 WELLS FARGO 15.000000000000 1 0 0 FORM 990, PART VI, SECTION A, LINE 7A EIGHT MEMBERS ARE APPOINTED BY INCUMBENT BOARD. EIGHT MEMBERS ARE APPOINTED BY THE SC SYNOD IN WHICH THE BISHOP OF THE SC SYNOD IS VOTING MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING AND THE FULL BOARD IS PROVIDED A COPY. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, KEY EMPLOYEES AND TRUSTEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY. TRUSTEES DO NOT VOTE IN MATTERS WHERE A CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 FOR THE CEO, COMPENSATION IS BASED ON AN EXTERNAL COMPENSATION CONSULTANT'S REPORT AND THE COMPENSATION COMMITTEE OF BOARD REVIEWS AND RECOMMENDS THE SALARY OF THE CEO TO THE FULL BOARD FOR APPROVAL. FOR OTHER OFFICERS OR KEY EMPLOYEES, THE CEO DETERMINES THE COMPENSATION USING THE EXTERNAL COMPENSATION CONSULTANT'S REPORT. THIS PROCESS WAS LAST PERFORMED IN 2012. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: PROCEDURE HAS NOT CHANGED SINCE PRIOR YEAR. LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC 300 MINISTRY DRIVE IRMO SC 29063 570342978 SUPPORT LHSC SC 501(C)(3) 509(A)(3) N/A 0 LUTHERAN SERVICES INC 300 MINISTRY DRIVE IRMO SC 29063 570927309 RENTAL MANAGEMENT SC N/A C 11324 175523 1.00000 0 0 0 1 0 1 0 0 1 0 1 0 1 1 1 1 0 1 0 0 LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC C 777418 TRANSFER LUTHERAN HOMES OF SOUTH CAROLINA FOUNDATION INC O 447846 INTERNAL ALLOCATION