2026-01-26T15:38:39+00:00 2025-04-30 440160260 Forvis Mazars LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2024-05-01 720428013 The Glen Retirement System GLEN 3187983500 403 E Flournoy Lucas Rd Shreveport LA 71115 Debra Williams President & CEO 3187983500 2026-01-26 true Amanda Maya P01067777 7134994600 2026-03-15 2024 2025-03-06 01:10:19Z DEBRA WILLIAMS 403 E Flournoy Lucas Rd Shreveport LA 71115 24910155 false X WWW.THEGLEN.ORG X 1898 LA THE MISSION OF THE GLEN RETIREMENT SYSTEM IS TO ENRICH THE LIVES OF OLDER PEOPLE THROUGH HOUSING, HEALTHCARE AND SERVICES. 11 11 298 70 0 2148484 1481035 17364849 19875457 473839 489775 172184 109975 20159356 21956242 0 0 9933464 10874210 0 0 12020753 13078880 21954217 23953090 -1794861 -1996848 56532043 53952413 47498845 47016074 9033198 6936339 X THE MISSION OF THE GLEN RETIREMENT SYSTEM IS TO ENRICH THE LIVES OF OLDER PEOPLE THROUGH HOUSING, HEALTHCARE AND SERVICES. THIS MISSION IS ACCOMPLISHED BY DEDICATED COMMUNITY VOLUNTEERS AND COMPASSIONATE PROFESSIONALS WITH COMMITMENT, VISION AND LEADERSHIP. false false 12391172 11175352 SKILLED NURSING FACILITY LICENSED FOR 126 BEDS, MEDICARE AND MEDICAID CERTIFIED. DESIGNED WITH 5 HOUSEHOLDS TO PROVIDE A NURTURING ENVIRONMENT. THE COVID-19 PANDEMIC AND RELATED STAFFING SHORTAGE RESULTED IN A NEGATIVE IMPACT ON OCCUPANCY DUE TO THE COVID-19 PANDEMIC AND RELATED STAFFING SHORTAGE AND THE NUMBER OF ACTIVE BEDS WAS REDUCED TO 89 IN FY 2022. DURING THE FY 2024, WE REFURBISHED AND REOPENED 21 BEDS ENDING THE YEAR WITH A TOTAL OF 110 ACTIVE BEDS. WE ARE STILL IN RECOVERY. FOR FISCAL YEAR ENDING 4/30/25, WE MAINTAINED AN AVERAGE OCCUPANCY OF 71% OF THE TOTAL LICENSED BEDS WITH A PAYOR MIX OF 39% PRIVATE PAY, 46% MEDICAID AND 16% MEDICARE PROVIDING 32,837 PATIENT DAYS. 3740014 3765905 INDEPENDENT LIVING / ASSISTED LIVING RENTAL UNITS FOR THOSE 62 OR OLDER TO LIVE COMFORTABLY WITH THE OPTION TO ADD SERVICES AS CARE LEVEL CHANGES. THE COVID-19 PANDEMIC HAD A NEGATIVE IMPACT ON OCCUPANCY. RISING COSTS OF HEALTHCARE WORKERS HAS INCREASED EXPENSES. WE ARE STILL IN RECOVERY. FOR FISCAL YEAR ENDING 4/30/25, WE MAINTAINED 99 APARTMENTS WITH AN AVERAGE OCCUPANCY OF 87% PROVIDING 31,253 DAYS OF SERVICES IN FISCAL YEAR ENDING 4/30/25. 2639173 2181807 MEMORY CARE ASSISTED LIVING IN TWO SECURED BUILDINGS WITH A HOME LIKE ENVIRONMENT AND ACTIVITIES GEARED FOR THOSE OVER 62 WITH MEMORY LOSS. 30 APARTMENTS WITH AN AVERAGE OCCUPANCY OF 97% PROVIDING 10,567 DAYS OF CARE IN FISCAL YEAR ENDING 04/30/2025. 2079439 0 2841384 INDEPENDENT LIVING RENTAL UNITS FOR THOSE 62 OR OLDER. CONSTRUCTION COMPLETED IN OCTOBER 2021 FOLLOWING A 5 MONTH DELAY DUE TO IMPACTS FROM COVID-19 PANDEMIC AND WEATHER. STABILIZED OCCUPANCY WAS REACHED DURING FYE 4/30/24. OCCUPANCY FOR FISCAL YEAR 04/30/25 AVERAGED 90%. 2079439 2841384 20849798 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false true 48 0 true 298 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false false true true true true true true true false false false LA X X DEBRA WILLIAMS 3187983500 403 EAST FLOURNOY LUCAS ROAD SHREVEPORT LA 71115 BARBARA TERRY CHAIR OF THE BOARD 2.0 0.0 X X 0 0 0 JEANNE FULLER 2ND VICE CHAIR 2.0 0.0 X X 0 0 0 JOANN WILLAMS TREASURER 2.0 0.0 X X 0 0 0 MARTI WESTMORELAND FIRST VICE CHAIR 2.0 0.0 X X 0 0 0 ALLISON WASHINGTON DIRECTOR 2.0 0.0 X 0 0 0 BARBARA RICE DIRECTOR 2.0 0.0 X 0 0 0 CHERYL MCGOWEN DIRECTOR 2.0 0.0 X 0 0 0 CYNTHIA WILLIAMS DIRECTOR 2.0 0.0 X 0 0 0 Marla Simmons Director 2.0 0.0 X 0 0 0 MICHAEL BOLTON DIRECTOR 2.0 0.0 X 0 0 0 NOREEN DOCKENDORF DIRECTOR 2.0 0.0 X 0 0 0 DEBRA WILLIAMS PRESIDENT & CEO 40.0 0.0 X 163941 0 3873 DEE BURNS CONTROLLER 40.0 0.0 X 99263 0 8853 CYNTHIA REESE DIRECTOR OF IL AND AL 40.0 0.0 X 103284 0 8937 DENITH RUFFIN LPN 63.5 0.0 X 109658 0 2193 MICHELLE GREER ADMINISTRATOR 40.0 0.0 X 144323 0 3481 NATASHA SUDARTO DIRECTOR OF NURSING 40.0 0.0 X 128792 0 2152 749261 0 29489 5 false true false SUMMIT HEALTH & REHAB PO BOX 69268 BALTIMORE MD 212649268 REHAB - THERAPY 597264 MARK DUNN BUILDERS LLC 1180 HWY 80 HAUGHTON LA 71037 CONTRACTOR FOR GENERATOR 562730 ALPHA NURSING 820 JORDON ST SHREVEPORT LA 71101 CONTRACT NURSING 409506 DMR EQUIPMENT SERVICES PO BOX 19507 SHREVEPORT LA 71149 EQUIPMENT SERVICES 165357 JDRO LLC 2535 DESIREE MESHELL RD SHREVEPORT LA 71115 LAWN SERVICES 152148 7 1481035 1481035 RESIDENT REVENUE 623000 19875457 19875457 0 0 0 0 19875457 124690 124690 20984 20984 0 20984 20984 3318998 2953913 365085 0 365085 365085 0 RESIDENT MEAL REVENUE 623000 43575 43575 MISCELLANEOUS REVENUE 623000 30206 30206 RESIDENT HOUSEKEEPING REVENUE 623000 15210 15210 0 0 0 0 88991 21956242 19964448 0 510759 275930 239713 36217 9125628 7929947 1195681 52262 28502 23760 718670 620910 97760 701720 609803 91917 20000 20000 175005 175005 166722 166722 1209861 982316 227545 0 155371 4842 150529 333131 223088 110043 2837 2837 1226314 1158107 68207 37912 36651 1261 30453 15052 15401 2251106 2250977 129 2323314 2250430 72884 225011 209261 15750 DIETARY EXPENSES 1309166 1309166 Provision for Credit Losses 1006240 734555 271685 MEDICAL SUPPLIES 924563 924563 MAINTENANCE & REPAIRS 776092 537585 238507 905782 784330 121452 0 23953090 20849798 3103292 0 619944 2425809 600000 3063414 1997430 0 0 0 0 38197 33102 313470 307263 73075965 30497085 44307571 42578880 6650035 5691038 0 0 939412 918891 56532043 53952413 1760537 1910012 44985566 44364374 0 0 752742 741688 47498845 47016074 9033198 6936339 9033198 6936339 56532043 53952413 -1996848 -100011 0 X false true true false X 77378 100602 176137 2148484 1481035 3983636 14097439 13883204 15473610 17474828 19964448 80893529 0 0 0 14174817 13983806 15649747 19623312 21445483 84877165 5475 7905 1690 3291 1403405 1421766 2366857 2101941 1841275 1809535 2091794 10211402 2372332 2109846 1842965 1812826 3495199 11633168 73243997 231483 262196 347881 381308 145674 1368542 0 231483 262196 347881 381308 145674 1368542 0 1976931 271537 0 0 0 2248468 16383231 14517539 15997628 20004620 21591157 88494175 0.82767 0.8238 0.02 0.02 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - PROVIDER RELIEF FUNDS, COLUMN A - 1976931.0, COLUMN B - 271537.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - , COLUMN F - 2248468.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2143382 2143382 63360753 25541033 37819720 6925510 4956052 1969458 646320 646320 42578880 Federal Income Taxes Interest Payable 741688 741688 21861360 -100011 5129 -94882 21956242 0 0 21956242 23958219 0 0 23958219 -5129 -5129 23953090 Schedule D, Part X, Line 2 THE GLEN HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. THE IRC PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. THE GLEN REPORTS UNRELATED BUSINESS TAXABLE INCOME RESULTING FROM ITS ENTERPRISE ACTIVITIES. THE GLEN FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Revenue classification differences between audited financial statements and Form 990 presentation - 5129 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Expense classification differences between audited financial statements and Form 990 presentation - -5129 X X X false false false false false false false false false DEBRA WILLIAMS PRESIDENT & CEO 163941 0 0 0 0 0 0 0 3873 0 167814 0 0 0 A LOUISIANA LOCAL GOV'T ENVIR FACILITIES 721416168 54628DAL4 2019-12-04 44685000 TO RETIRE EXISTING DEBT, UPDATE EXISTING FACILITY, AND CONSTRUCT 60 NEW INDEPENDENT LIVING UNITS. false false false A 9161258 45918756 2658500 2417144 904104 31819690 123060 2021 true true false true A false false false false false false 0 0 0.0 false false 0 false true A false false false true false false 0 false false false 0 false false true A true Schedule K, Part II, Line 3 COLUMN A TOTAL PROCEEDS OF ISSUE EXCEEDS THE ISSUE PRICE DUE TO THE ORIGINAL ISSUE PREMIUM ON THE BOND. Schedule K, Part IV, Line 2c The rebate calculation was performed on December 4, 2024 and resulted in no amount due. Schedule K, Part IV, Line 2c COLUMN A Issuer name: LOUISIANA LOCAL GOV'T ENVIR. FACILITIES The calculation for computing no rebate due was performed on 12/04/2024 Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 2,079,439 including grants of $ 0)(Revenue $ 2,841,384) INDEPENDENT LIVING RENTAL UNITS FOR THOSE 62 OR OLDER. CONSTRUCTION COMPLETED IN OCTOBER 2021 FOLLOWING A 5 MONTH DELAY DUE TO IMPACTS FROM COVID-19 PANDEMIC AND WEATHER. STABILIZED OCCUPANCY WAS REACHED DURING FYE 4/30/24. OCCUPANCY FOR FISCAL YEAR 04/30/25 AVERAGED 90%. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, FIRST VICE-CHAIR, SECOND VICE-CHAIR, SECRETARY AND TREASURER. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD TO THE EXTENT AND WITH THE SAME EFFECT AS THOUGH SUCH ACTION HAD BEEN TAKEN BY THE BOARD OF DIRECTORS. THREE (3) MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE GOVERNING BOARD REVIEWS PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy THE BOARD AND OFFICERS PERFORM A PERIODIC REVIEW OF PROCEDURES IN ORDER TO ENFORCE COMPLIANCE WITH THE ORGANIZATION'S POLICIES. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE ORGANIZATION USES INDUSTRY DATA (CCRC SALARY AND BENEFITS REPORT, AND ROBERT HALF) AND DATA FROM LDOL TO DETERMINE SALARIES. THE EXECUTIVE COMMITTEE REVIEWS THE CEO'S SALARY ON AN ANNUAL BASIS. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.