2014-11-13T07:21:13-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2013-01-01 841176989 CHRISTIAN LIVING COMMUNITIES CHRI 7209743555 7000 E BELLEVIEW AVENUE NO 150 GREENWOOD VILLAGE CO 80111 BRYON CHILDS CFO 7209743560 2014-11-12 1 JEFF PARKER P00970069 3149254300 2013 2015-11-30 17:44:51Z BRYON CHILDS 7000 E BELLEVIEW AVENUE NO 150 GREENWOOD VILLAGE CO 80111 49148097 0 X WWW.CHRISTIANLIVINGCOMMUNITIES.ORG X 1972 CO CHRISTIAN LIVING COMMUNITIES MINISTERS TO SENIOR ADULTS THROUGH A CONTINUUM OF SERVICES AND CARE THAT REFLECTS CHRISTIAN LOVE, RESPECT AND COMPASSION AND THAT ENRICHES THE QUALITY AND DIGNITY OF LIFE FOR EACH INDIVIDUAL. 14 13 841 335 0 0 93626 242556 43194141 47261480 1199961 941200 644710 702861 45132438 49148097 0 0 0 0 21647262 23485772 0 0 0 25525802 29049291 47173064 52535063 -2040626 -3386966 206387997 208918439 220205325 224912459 -13817328 -15994020 CHRISTIAN LIVING COMMUNITIES MINISTERS TO SENIOR ADULTS THROUGH A CONTINUUM OF SERVICES AND CARE THAT REFLECTS CHRISTIAN LOVE, RESPECT AND COMPASSION AND THAT ENRICHES THE QUALITY AND DIGNITY OF LIFE FOR EACH INDIVIDUAL. 0 0 45115387 47261480 CHRISTIAN LIVING COMMUNITIES (CLC) PROVIDES INDEPENDENT LIVING SERVICES, ASSISTED LIVING CARE AND NURSING HOME CARE FOR THE SENIOR ADULTS. CLC MINISTERS TO SENIOR ADULTS THROUGH A CONTINUUM OF SERVICES AND CARE THAT REFLECTS CHRISTIAN LOVE, RESPECT AND COMPASSION AND THAT ENRICHES THE QUALITY AND DIGNITY OF LIFE FOR EACH INDIVIDUAL. CLC SERVED APPROXIMATELY 1,100 PEOPLE THROUGH THE COORDINATION AND MANAGEMENT OF ACTIVITIES OF THE AFFILIATED 501(C)(3) ORGANIZATIONS. 45115387 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 1 1 1 0 0 1 144 0 1 841 1 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X BRYON CHILDS 7209743555 7000 E BELLEVIEW AVENUE SUITE 150 GREENWOOD VILLAGE CO 80111 RUSSELL DENBRABER CEO 35.00 5.00 X X 264941 0 11549 JACK BARKER TRUSTEE - CHAIR 1.00 X X 0 0 0 SANDY CLARK TRUSTEE-VICE CHAIR 1.00 X X 0 0 0 LUCI DRAAYER TRUSTEE 1.00 X 0 0 0 SUSAN KEESEN TRUSTEE 1.00 1.00 X 0 0 0 GREG J HAM TRUSTEE 1.00 X 0 0 0 GENE DEKRUIF TRUSTEE 1.00 X 0 0 0 PAUL JOHNSON TRUSTEE 1.00 X 0 0 0 MIKE SEVERNS TRUSTEE 1.00 X 0 0 0 JARED VASOLD TRUSTEE 1.00 X 0 0 0 ROBERT WESTENBROEK TRUSTEE 1.00 X 0 0 0 DIANNE MCCALLISTR TRUSTEE 1.00 X 0 0 0 WILIAM PICHE TRUSTEE 1.00 X 0 0 0 PETE WILLIS TRUSTEE- EX OFFICIO 1.00 X 0 0 0 CAMILLE THOMPSON COO 35.00 5.00 X 139422 0 11838 BRYON CHILDS CFO 35.00 5.00 X 128790 0 20748 JEFF TROUT CPDO 35.00 5.00 X 121923 0 10642 CINDY HOGAN ED RESEARCH AND STRATEGY 40.00 X 126210 0 19354 JILL VITALE-AUSSEM EXECUTIVE DIRECTOR 40.00 X 124785 0 13821 JANET LYONS ED CLINICAL SERVICES 40.00 X 129574 0 0 JAN ROTH ED HUMAN RESOURCES 40.00 X 118098 0 23031 JAYNE KELLER EXECUTIVE DIRECTOR 40.00 X 115621 0 11338 1269364 0 122321 14 0 1 0 WELLS FARGO BANK 1740 BROADWAY DENVER CO 80274 TRUST SERVICES 8469067 PINKARD CONSTRUCTION 9195 W 6TH AVE LAKEWOOD CO 80215 CONSTRUCTION SERVICES 6674503 MORRISON MANAGEMENT PO BOX 102289 ATLANTA GA 30389 FOOD SERVICES 3429599 PREMERE REHAB PO BOX 5700 PORTLAND OR 97228 HEALTHCARE SERVICES 1623991 KAISER PERMANENTE DEPT 1697 DENVER CO 80274 HEALTHCARE SERVICES 1608449 35 241461 1095 242556 NET PATIENT SERVICE REVENUE 623000 47261480 47261480 47261480 791987 791987 68785 0 68785 68785 68785 148413 800 0 0 148413 800 149213 149213 SALON AND SPA INCOME 900099 243782 243782 PHONE SERVICE INCOME 900099 164215 164215 EMPLOYEE/GUEST/CATERING MEAL INCO 900099 142133 142133 83946 83946 634076 49148097 47261480 0 1644061 1595043 1595043 18156823 17065256 1091567 90055 26 90029 2158266 1692999 465267 1485585 1234940 250645 102243 102243 153560 153560 82995 82995 4829550 3379108 1450442 683379 683379 1661753 1661753 121571 61851 59720 122185 2000 120185 7218056 6144664 1073392 6358096 5412588 945508 525114 447025 78089 DIETARY EXPENSE 3737217 3737217 SUPPLIES 1172285 997955 174330 MISCELLANEOUS EXPENSE 877028 1026049 -149021 BAD DEBT EXPENSE 464099 464099 940160 765680 174480 52535063 45115387 7419676 0 3964651 6153058 4518683 3981442 2747660 3622087 120360 151766 422987 350135 179695370 37772678 116617195 141922692 15007740 17264166 939853 668923 62048868 34804170 206387997 208918439 8003187 6656556 59628210 68114650 149103984 136357850 3469944 13783403 220205325 224912459 X -15329450 -17564433 821851 880142 690271 690271 -13817328 -15994020 206387997 208918439 X -3386966 1099944 110330 X X 0 1 X 1 0 X 338230 8063 430 93626 242556 682905 36751571 40319453 42801526 43194141 47261480 210328171 56683 46053 102736 37146484 40373569 42801956 43287767 47504036 211113812 0 0 0 211113812 798806 598101 607549 695209 860772 3560437 37111 37111 835917 598101 607549 695209 860772 3597548 450706 71546 4672 575676 634076 1736676 38433107 41043216 43414177 44558652 48998884 216448036 0.97540 0.97540 0.01660 0.01900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7560851 7560851 159523231 33336645 126186586 12611288 4436033 8175255 141922692 DEFERRED FINANCING COSTS (NET) 4340863 MARKETING COSTS 4477681 BOND FUNDS 4677403 AWUL - LONG TERM 20080392 DUE TO RELATED PARTY 472951 CIP 754880 34804170 SECURITY DEPOSITS FROM RESIDENTS 461646 ENTRANCE FEE DEPOSITS 13321757 13783403 X PART X, LINE 2: CHRISTIAN LIVING COMMUNITIES AND THE STEWARDSHIP FUND ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION FOR STATE LAW. HOWEVER, THE ORGANIZATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE YEARS 2010 TO 2013 ARE SUBJECT TO REVIEW AND EXAMINATION BY THE IRS. X X X 0 0 0 0 0 0 0 0 0 RUSSELL DENBRABER CEO 231701 0 15815 0 17425 0 0 0 11549 0 276490 0 0 0 CAMILLE THOMPSON COO 128464 0 8408 0 2550 0 7455 0 4383 0 151260 0 0 0 A COLORADO HEALTH FACILITIES AUTHORITY 840752932 0019648AC 2006-11-16 83241241 ACQUIRING, CONSTRUCTING, AND EQUIPPING VARIOUS UNITS FOR SENIORS. 1 0 0 B COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648AVQ5 2011-11-02 36043837 TO PAY COSTS OF ACQUIRING, CONSTRUCTING, AND EQUIPPING 74 INDEPENDENT LIVING 0 0 0 C COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648AD85 2012-10-25 49866401 TO REFUND THE SERIES 2004A AND SERIES 2004B-2 BONDS, REFUND THE SERIES 2006B 0 0 0 A 18910000 2000000 83241241 6072587 2584750 2226463 184863 40865502 31307076 2008 1 0 1 1 B 12000000 36043837 1920531 178978 33944328 2013 0 0 0 1 C 49866401 996078 48870323 2013 1 1 0 1 A 0 1 1 0 0 0 0 1 B 0 1 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 1 1 0 1 TRANSAMERICA 4.500000000000 1 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: COLORADO HEALTH FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/16/2011 PART I, LINE A, COLUMN (E) / PART II, COLUMN A, LINE 3 THE TOTAL PROCEEDS REFLECT AN ORIGINAL ISSUE DISCOUNT OF $1,346,231. PART II, LINE 14, COLUMN (A) SERIES 2006 BONDS-DESCRITION OF REFUNDED ISSUE 1. REVENUE BONDS, SERIES 1997 - LAST CALL DATE 01/02/2007, ISSUE DATE 04/08/1997, REMAINING WEIGHTED AVERAGE MATURITY 7.0307 2. REVENUE BONDS, SERIES 1997 VRDB - LAST CALL DATE 12/19/2006, ISSUE DATE 04/08/1997, REMAINING WEIGHTED AVERAGE MATURITY 2.6172 3. SERIES 2001 REFUNDING BONDS - LAST CALL DATE 01/02/2007, ISSUE DATE 10/04/2001, REMAINING WEIGHTED AVERAGE MATURITY 16.7835 4. REVENUE BONDS, SERIES 2002 VRDBS - LAST CALL DATE 01/02/2007, ISSUE DATE 10/01/2002, REMAINING WEIGHTED AVERAGE MATURITY 14.4786 5. SERIES 2004 BONDS, FINAL DEBT SCHEDULES - LAST CALL DATE 01/02/2007, ISSUE DATE 11/04/2004, REMAINING WEIGHTED AVERAGE MATURITY 28.4435 ALL REFUNDED ISSUES - REMAINING WEIGHTED AVERAGE MATURITY 16.3150 PART II, LINE 14, COLUMN (D) SERIES 2012 BONDS ON OCTOBER 25, 2012, THE ORGANIZATION ISSUED TAX EXEMPT REVENUE BONDS, SERIES 2012 IN THE AMOUNT OF $49,195,000. THE NET PROCEEDS OF THE SERIES 2012 BONDS WERE USED TO (A) REFUND THE SERIES 2004A AND SERIES 2004B-2 BONDS ISSUED OCTOBER 15, 2004 (B) REFUND THE SERIES 2006B-1 BONDS ISSUED NOVEMBER 16, 2006; AND (C) REFUND THE SERIES 2009 BONDS ISSUED FEBRUARY 20,2009. AS A RESULT, THE 2004 AND 2009 BONDS ARE NO LONGER REPORTED ON SCHEDULE K AS THERE IS NO OUTSTANDING LIABILITY OVER $100,000 REMAINING ON THOSE BONDS. FORM 990, PART III, QUESTION 2, COLUMNS A &B THE ORGANIZATION, AS A SENIOR LIVING FACILITY, DOES REGULARLY LEASE OR MAKE AVAILABLE TAX-EXEMPT BOND FINANCED PROPERTY TO THE ELDERLY AS PART OF ITS CHARITABLE PURPOSE & MISSION. PART II, LINE 2, COLUMN A - DEFEASED BONDS THE BONDS ISSUED IN 2006 WERE ISSUED IN SERIES A AND SERIES B. ONLY THE $2,000,000 OF SERIES B BONDS HAVE BEEN DEFEASED. PART IV, LINE 3, COLUMN, A THE 2006 BONDS ISSUED CONSISTED OF SERIES A AND SERIES B BONDS. THE SERIES B BONDS THAT HAVE BEEN DEFEASED WERE VARIABLE RATE. THE REMAINING ACTIVE SERIES A BONDS ARE FIXED RATE. GREG HAM BOARD MEMBER 311331 INSURANCE 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 GOES THROUGH AN INTERNAL REVIEW BY THE CFO OF CHRISTIAN LIVING COMMUNITIES. A COPY OF THE RETURN WILL BE PROVIDED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO SUBMISSION TO THE IRS FOR COMMENTS AND CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS REVIEWS AND SIGNS A STATEMENTS WHICH AFFIRMS THAT THEY A) HAVE RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B) HAVE READ AND UNDERSTAND THE POLICY, C) HAVE AGREED TO COMPLY WITH THE POLICY, AND D) UNDERSTAND THAT THE CORPORATION IS A CHARITABLE ORGANIZATION AND THAT INORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S CEO'S COMPENSATION WAS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS DERIVED FROM COMPARABILITY DATA PUT TOGETHER FROM VARIOUS SOURCES PURCHASED BY THE ORGANIZATION. OTHER OFFICERS' AND KEY EMPLOYEES' SALARIES WERE DETERMINED BY THE PRESIDENT/CEO WITH INFORMATION FROM THE SAME COMPARABILITY DATA USED ABOVE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS AND FORM 990 RETURNS ARE MADE AVAILABLE ONLINE AND UPON REQUEST. THE ORGANIZATION HAS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES AVAILABLE TO THE PUBLIC AT ITS EXECUTIVE OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT IN AFFILIATE 52,039. CHANGE STEWARDSHIP FUND VALUE 58,291. FORM 990, PART XII, LINE 2C THE PROCESS IS CONSISTENT WITH PRIOR YEARS. FORM 990 SOCIAL ACCOUNTABILITY REPORT FOR 2013 SOCIAL ACCOUNTABILITY REPORT - 2013: EXECUTIVE SUMMARY: FOR THE FISCAL YEAR 2013, CHRISTIAN LIVING COMMUNITIES ACCOUNTED FOR $3,680,281 IN CASH OR INKIND GIFTS, SUBSIDIZED SERVICES AND CARE AND FUND RAISING, AN INCREASE OF $226,360 OVER 2012. THIS IS EQUAL TO 8.0% OF OPERATING REVENUE AND 8.2% OF OPERATING EXPENSES (BEFORE AMORTIZATION AND DEPRECIATION)AND DOWN VERY SLIGHTLY FROM 2012. CASH GIFTS INCLUDED $31,385 FROM RESIDENT SUNDAY CHAPEL OFFERINGS, AN INCREASE OF OVER 9,000,WHICH SUPPORTED A WIDE VARIETY OF MINISTRIES AND CHARITABLE CAUSES SELECTED BY THE RESIDENTS. ADDITIONALLY STAFF DRIVEN EVENTS RAISED FUNDS TO THE BENEFIT OF THE ALZHEIMER'S ASSOCIATION,NATIONAL MULTIPLE SCLEROSIS SOCIETY, ANGEL TREE, PARKINSON'S ASSOCIATION AND THE AMERICAN CANCER SOCIETY. IN-KIND GIFTS WERE PROVIDED FOR TOYS FOR GOD'S KIDS, LIONS CLUB, DENVER CHRISTIAN SCHOOLS, AND KAREN NELSON MINISTRIES. TOTAL VALUE OF THESE GIFTS IS ESTIMATED AT $25,557. THE STEWARDSHIP FUND PROVIDED $2,326 FOR RESIDENT ASSISTANCE AND THE OPERATING BUDGET SUPPORTED $18,875 IN SCHOLARSHIPS TO 9 DESERVING EMPLOYEES. THE HOURS CONTRIBUTED BY OUR OUTSTANDING VOLUNTEERS ACCOUNT FOR THE MAJORITY OF IN-KIND SUPPORT. RESIDENT AND COMMUNITY VOLUNTEERS, INCLUDING OUR BOARD OF DIRECTORS, PROVIDED 37,281 HOURS OF SERVICE VALUED AT $825,401. ADDITIONALLY, EXECUTIVE STAFF PROVIDED 1,347 HOURS OF LEADERSHIP TO AGING AND HEALTH SERVICES RELATED ORGANIZATIONS SUCH AS LEADINGAGE, COLORADO COMMISSION ON AGING AND THE 9HEALTH FAIR WHICH IS VALUED AT $67,350. THE VALUE PROVIDED IN HOSTING THE 9HEALTH FAIR AT SOMEREN GLEN IS VALUED AT OVER $84,000. CLC PROVIDED $594,010 OF VALUE IN SERVICES TO THE COMMUNITY. THIS INCLUDED HOSTING THE 9HEALTH FAIR, BONFILS BLOOD DRIVES AND SUPPORTING THE FOOD PANTRY AT PINEWOOD LODGE, A COMMUNITY OF LOW INCOME SENIORS. THE LARGEST PORTION OF THE COMMUNITY SERVICES CONTRIBUTION CAME VIA THE WORK OF CLC RESIDENTS TO CLIP, SORT AND MAIL DISCOUNT COUPONS TO MILITARY FAMILIES. TOTAL REDEEMABLE VALUE OF THESE COUPONS IS ESTIMATED AT $292,700! CLC PROVIDED $1,586,994 IN UNREIMBURSED CARE AND SERVICE TO MEDICAID-ELIGIBLE RESIDENTS IN OUR HEALTH CARE PROGRAMS (SKILLED NURSING AND ASSISTED LIVING), AN INCREASE OF $42,074 OVER 2012. THIS INCLUDES SUPPORT OF RESIDENTS ENROLLED IN THE PROGRAM FOR ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) OFFERED IN COLORADO THROUGH INNOVAGE. ANOTHER $73,917 OF ALLOWANCE WAS PROVIDED TO HUD-ELIGIBLE RESIDENTS AT CLERMONT PARK. FINALLY, THROUGH THE EARTHEN VESSEL DINNER AND AGED TO PERFECTION EVENTS $152,000, AN INCREASE OF MORE THAN $31,000 OVER 2012, WAS RAISED TO SUPPORT THE RESIDENT ASSISTANCE FUND AND MISSION FULFILLMENT. FORM 990 CLC HAS A MEMBERSHIP OR AFFILIATION WITH THE FOLLOWING GROUPS: AFFORDABLE HOUSING MANAGEMENT ASSOCIATION (AHMA), LEADINGAGE, LEADINGAGECO, ARAPAHOE COUNTY COUNCIL ON AGING, ASSISTED LIVING FEDERATION FO AMERICA (ALFA) BARNABAS FOUNDATION, BETTER BUSINESS BUREAU (BBB) CENTER FOR AGING SERVICES TECHNOLOGY (CAST), CHRISTIAN REFORMED CHURCH (CRC) COLORADO COMMISSION ON AGING (CCOA), COLORADO CULTURE CHANGE COALITION (CCC), COLORADO FOUNDATION FOR MEDICAL CARE BOARD OF DIRECTORS (CFMC), COLORADO GERONTOLOGICAL SOCIETY (CGS), COUNCIL OF REFORMED CHARITIES (CORC), COVENANT HEALTH NETWORK (CHN), EAST COALITION FOR SENIORS, EDEN ALTERNATIVE, HOUSING AND URBAN DEVELOPMENT (HUD), NATIONAL AFFORDABLE HOUSING MANAGEMENT ASSOCIATION (NAHMA), NATIONAL PRIVATE DUTY ASSOCIATION (NPDA), REFORMED CHURCHES OF AMERICA (RCA), ROTARY CLUB, SOUTH METRO CHAMBER OF COMMERCE, SOUTHWEST COALITION FOR SENIORS, WEST COALITION FOR SENIORS, WOMEN IN LEADERSHIP. FORM 990 PART IX STATEMENT OF FUNCTIONAL EXPENSES THROUGH THE ORGANIZATION'S MISSION, ESTIMATED DIRECT AND INDIRECT COSTS OF PROVIDING CHARITY CARE HAVE BEEN ESTIMATED USING ACTUAL COSTS AND OPERATIONAL PROJECTIONS. COSTS FOREGONE APPROXIMATE $682,000 FOR THE YEAR ENDED DECEMBER 31, 2013. UNCOMPENSATED CHARGES PROVIDED TO RESIDENTS UNDER THE MEDICAID PROGRAM, WHICH IS FUNDED FROM OPERATIONS, WAS APPROXIMATELY $1,332,000 FOR THE YEAR ENDED DECEMBER 31, 2013. CHRISTIAN LIVING SERVICES FOR SENIOR HOUSING & HEALTHCARE LLC 7000 E BELLEVIEW AVENUE STE 150 GREENWOOD VILLAGE CO 80111 SENIOR HOUSING CO CHRISTIAN LIVING COMMUNITIES CHRISTIAN LIVING COMMUNITIES - THE STEWARDSHIP FUND 7000 E BELLEVIEW AVENUE SUITE 150 GREENWOOD VILLAGE CO 80111 742408569 FUNDRAISING CO 501(C)(3) LINE 7 CHRISTIAN LIVING COMMUNITIES 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 CHRISTIAN LIVING COMMUNITES - THE STEWARDSHIP FUND M 64373 GL CHRISTIAN LIVING COMMUNITES - THE STEWARDSHIP FUND C 241461 GL