COVENANT LIVING AT SHANNONDALE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: COVENANT LIVING AT SHANNONDALE (EIN 62-0698709)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-05-11
IRS object ID: 201131319349302118
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule K
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-11T13:52:09-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	LARSONALLEN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	101 N TRYON STREET SUITE 1000	AddressLine1
City	CHARLOTTE	City
State	NC	State
ZIP Code	28246	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	620698709	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PRESBYTERIAN HOMES OF TENNESSEE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PRES	NameControl
Phone	8656903411	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	801 VANOSDALE ROAD	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37909	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	WILLIAM R THOMAS JR	Name
Title	PRESIDENT/CEO	Title
Phone	8656903411	Phone
Date Signed	2011-05-06	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Phone	7049985200	Phone

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	WILLIAM R THOMAS JR	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	801 VANOSDALE ROAD	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37909	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	29824091	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SHANNONDALETN.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1968	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	THE ORGANIZATION OWNS AND OPERATES TWO CONTINUING CARE RETIREMENT COMMUNITIES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	16	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	15	NbrIndependentVotingMembers
Total Nbr Employees	634	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	571721	ContributionsGrantsPriorYear
Contributions Grants Current Year	468834	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	28999298	ProgramServiceRevenuePriorYear
Program Service Revenue CY	29350996	ProgramServiceRevenueCY
Investment Income Prior Year	150090	InvestmentIncomePriorYear
Investment Income Current Year	-103035	InvestmentIncomeCurrentYear
Other Revenue Prior Year	57918	OtherRevenuePriorYear
Other Revenue Current Year	107296	OtherRevenueCurrentYear
Total Revenue Prior Year	29779027	TotalRevenuePriorYear
Total Revenue Current Year	29824091	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	6654	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	15387362	SalariesEtcPriorYear
Salaries Etc Current Year	16319917	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	11958129	OtherExpensePriorYear
Other Expenses Current Year	11946505	OtherExpensesCurrentYear
Total Expenses Prior Year	27352145	TotalExpensesPriorYear
Total Expenses Current Year	28266422	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	2426882	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1557669	RevenuesLessExpensesCY
Total Assets BOY	64856613	TotalAssetsBOY
Total Assets EOY	65617283	TotalAssetsEOY
Total Liabilities BOY	47738277	TotalLiabilitiesBOY
Total Liabilities EOY	46109174	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	17118336	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	19508109	NetAssetsOrFundBalancesEOY
Mission Description	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.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	17474114	Expense
Revenue	21668303	Revenue
Description	EXPENSES RELATED TO PROVIDING SKILLED NURSING AND RELATED HEALTH CARE SERVICES TO THE ELDERLY. THERE ARE 244 RESIDENT BEDS AVAILABLE AND 86,359 DAYS OF SERVICES WERE PROVIDED.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	4637050	Expense
Revenue	4244768	Revenue
Description	EXPENSES INCURRED PROVIDING RETIREMENT HOME AND RELATED SERVICES TO THE ELDERLY. 66,027 DAYS WERE PROVIDED.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	2662271	Expense
Revenue	3437925	Revenue
Description	EXPENSES INCURRED PROVIDING ASSISTED LIVING AND RELATED SERVICES TO THE ELDERLY. THERE ARE 84 PATIENT BEDS AND 27,817 DAYS WERE PROVIDED.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	24773435	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	1	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	25	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	634	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	16	NbrVotingGoverningBodyMembers
Number Independent Voting Members	15	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	GLEN MCDANIEL	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	8656903411	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	801 VANOSDALE ROAD	AddressLine1
City	KNOXVILLE	City
State	TN	State
ZIP Code	37909	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (20 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
WILLIAM REEVES
CHAIRMAN	1.00	X	0	0	0
CHARLES WEST
VICE CHAIRMAN	1.00	X	0	0	0
SANDY MARTIN
SECRETARY	1.00	X	0	0	0
JOE COLQUITT
MEMBER	1.00	X	0	0	0
CRAIG JARVIS
MEMBER	1.00	X	0	0	0
WILLIAM HURT
MEMBER	1.00	X	0	0	0
DALE KEASLING
TREASURER	1.00	X	0	0	0
FRANK MYERS
MEMBER	1.00	X	0	0	0
GAINES PITTENGER
MEMBER	1.00	X	0	0	0
MIKE DALTON
MEMBER	1.00	X	0	0	0
CARSWELL HUGHS
MEMBER	1.00	X	0	0	0
CATHERINE BEALS
MEMBER	1.00	X	0	0	0
ROBERT KILLEFER
MEMBER	1.00	X	0	0	0
MARY ALICE TUCKER
MEMBER	1.00	X	0	0	0
DOUG OVERBEY
MEMBER	1.00	X	0	0	0
DEBBIE JONES
MEMBER	1.00	X	0	0	0
WILLIAM R THOMAS JR
PRESIDENT/CEO	37.50		204885	0	20425	X
TODD TAYLOR
ADMINISTRATOR	37.50		106102	0	10610	X
DAVID MAXWELL
ADMINISTRATOR	37.50		94065	0	9335	X
PEGGY SMITH
ADMINISTRATOR	37.50		71348	0	7134	X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	476400	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	47504	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
All Other Contributions	468834	AllOtherContributions
Total Contributions	468834	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	GENERAL SERVICE FEES	Description
Business Code	623000	BusinessCode
Total Revenue Column	23520249	TotalRevenueColumn
Related Or Exempt Function Income	23520249	RelatedOrExemptFunctionIncome

Total Oth Program Service Revenue TotalOthProgramServiceRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	5830747	TotalRevenueColumn
Related Or Exempt Function Income	5830747	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	29350996	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	-103035	TotalRevenueColumn
Exclusion	-$103,035	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MEALS	Description
Business Code	623000	BusinessCode
Total Revenue Column	81815	TotalRevenueColumn
Exclusion	$81,815	ExclusionAmount

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	25481	TotalRevenueColumn
Exclusion	$25,481	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	107296	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	29824091	TotalRevenueColumn
Related Or Exempt Function Income	29350996	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$4,261	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	12794140	Total
Program Services	11513562	ProgramServices
Management And General	1280578	ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	1034909	Total
Program Services	931324	ProgramServices
Management And General	103585	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1516441	Total
Program Services	1364659	ProgramServices
Management And General	151782	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	974427	Total
Program Services	876896	ProgramServices
Management And General	97531	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	81211	Total
Management And General	81211	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	102329	Total
Management And General	102329	ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	25583	Total
Management And General	25583	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	917673	Total
Program Services	860097	ProgramServices
Management And General	57576	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	25863	Total
Management And General	25863	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	4043875	Total
Program Services	4007788	ProgramServices
Management And General	36087	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	110654	Total
Program Services	32919	ProgramServices
Management And General	77735	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2708663	Total
Program Services	2708663	ProgramServices

Travel Travel

Field	Value	IRS element (for citing)
Total	24106	Total
Program Services	2651	ProgramServices
Management And General	21455	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	32988	Total
Program Services	26089	ProgramServices
Management And General	6899	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	460127	Total
Management And General	460127	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2433489	Total
Program Services	2433489	ProgramServices

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral	Program ServicesProgramServices
LICENSES & DUES	584086	584086
RECRUITMENT & TRAINING	25409	25409
EQUIPMENT EXPENSE	15165		15165
BAD DEBT	9259	9259

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	346025	Total
Program Services	133	ProgramServices
Management And General	345892	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	28266422	Total
Program Services	24773435	ProgramServices
Management And General	3492987	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	837345	BOY
EOY	1008746	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	2420750	BOY
EOY	1776155	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	7518	BOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1654549	BOY
EOY	1540941	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	170461	BOY
EOY	183988	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	18985	BOY
EOY	80953	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	81264989	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	27381216	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	55021698	BOY
EOY	53883773	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	4453625	BOY
EOY	6855989	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	271682	BOY
EOY	286738	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	64856613	BOY
EOY	65617283	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	447396	BOY
EOY	657424	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	31987862	BOY
EOY	31336950	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	12199707	BOY
EOY	11166654	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	93079	BOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3010233	BOY
EOY	2948146	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	47738277	BOY
EOY	46109174	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	16553970	BOY
EOY	19040840	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	564366	BOY
EOY	467269	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	17118336	BOY
EOY	19508109	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	64856613	BOY
EOY	65617283	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1557669	ReconcilationRevenueExpenses
Reconcilation Other Changes	832104	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	113132	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	68177	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	259835	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	571721	CurrentTaxYearMinus1Year
Current Tax Year	468834	CurrentTaxYear
Total	1481699	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	25035741	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	26479811	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	28003027	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	28999298	CurrentTaxYearMinus1Year
Current Tax Year	29350996	CurrentTaxYear
Total	137868873	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	25148873	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	26547988	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	28262862	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	29571019	CurrentTaxYearMinus1Year
Current Tax Year	29819830	CurrentTaxYear
Total	139350572	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	139350572	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	81048	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	111170	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	130963	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	69148	CurrentTaxYearMinus1Year
Current Tax Year	-103035	CurrentTaxYear
Total	289294	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	81048	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	111170	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	130963	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	69148	CurrentTaxYearMinus1Year
Current Tax Year	-103035	CurrentTaxYear
Total	289294	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	94247	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	241791	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	131473	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	139979	CurrentTaxYearMinus1Year
Current Tax Year	107296	CurrentTaxYear
Total	714786	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	25324168	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	26900949	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	28525298	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	29780146	CurrentTaxYearMinus1Year
Current Tax Year	29824091	CurrentTaxYear
Total	140354652	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.99280	PublicSupportPercentage509
Prior Year Support Percentage	0.99020	PriorYearSupportPercentage
Investment Income Percentage	0.00210	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00450	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1914535	OtherCostOrOtherBasis
Book Value	1914535	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	72161407	OtherCostOrOtherBasis
Depreciation	24900514	Depreciation
Book Value	47260893	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1545119	OtherCostOrOtherBasis
Depreciation	533169	Depreciation
Book Value	1011950	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5335544	OtherCostOrOtherBasis
Depreciation	1841120	Depreciation
Book Value	3494424	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	308384	OtherCostOrOtherBasis
Depreciation	106413	Depreciation
Book Value	201971	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	53883773	TotalOfBookValueLandBuildings

Other Securities OtherSecurities

Field	Value	IRS element (for citing)
Description	LONG TERM INVESTMENTS	Description
Book Value	6855989	BookValue
Method Of Valuation	F	MethodOfValuation

Field	Value	IRS element (for citing)
Total Of Book Value Securities	6855989	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	ACCRUED PENSION LIABILITIES	Description
Amount	$2,948,146	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	2948146	TotalOfAmounts
Total Revenue	29824091	TotalRevenue
Total Expenses	28266422	TotalExpenses
Excess Or Deficit For Year	1557669	ExcessOrDeficitForYear
Net Unrealized GL On Investments	786449	NetUnrealizedGLOnInvestments
Other	$45,655	OtherAmount
Total Adjustments	832104	TotalAdjustments
Excess Or Deficit Per FS	2389773	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	30753292	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	832104	NetUnrealizedGainsInvestments
Other Revenues	269935	OtherRevenues
Revenue Not Rptd F990	1102039	RevenueNotRptdF990
Revenue Subtotal	29651253	RevenueSubtotal
Other Revenues Not Included	172838	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	172838	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	29824091	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	28266422	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	28266422	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	28266422	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	ExplanationExplanation
PART XI, LINE 8 - OTHER ADJUSTMENTS:	OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS 45,655.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	NET ASSETS RELEASED FROM RESTRICTIONS USED FOR OPERATIONS 269,935.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	RESTRICTED CONTRIBUTIONS 172,838.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

Field	Value	IRS element (for citing)
Name Person	WILLIAM R THOMAS JR	NamePerson
Base Compensation Filing Org	204255	BaseCompensationFilingOrg
Comp Based On Related Orgs	0	CompBasedOnRelatedOrgs
Bonus Filing Org	0	BonusFilingOrg
Bonus Related Orgs	0	BonusRelatedOrgs
Other Compensation Filing Org	630	OtherCompensationFilingOrg
Other Compensation Related Orgs	0	OtherCompensationRelatedOrgs
Deferred Comp Filing Org	20425	DeferredCompFilingOrg
Deferred Comp Related Orgs	0	DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org	0	NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs	0	NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org	225310	TotalCompensationFilingOrg
Total Compensation Related Orgs	0	TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org	0	CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs	0	CompReportPrior990RelatedOrgs

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLUNT COUNTY TENNESSEE	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	621192419	IssuerEIN
CUSIP Number	NONEAVAIL	CUSIPNumber
Date Issued	2009-12-04	DateIssued
Issue Price	12263362	IssuePrice
Description Of Purpose	REFUND OF OLD BONDS AND REFINANCE OTHER DEBT	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	1	OnBehalfOfIssuer
Pool Financing	0	PoolFinancing

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	12263362	TotalProceeds
Issuance Costs From Proceeds	84610	IssuanceCostsFromProceeds
Year Of Subst Completion	2009	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	0	MngmentCntrctBondFinancdPrprty
Any Research Agreements	0	AnyResearchAgreements
Bond Counsel Routinely Engaged	0	BondCounselRoutinelyEngaged
Post Issuance Compliance Procdrs	1	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Superintegrated Hedge	0	SuperintegratedHedge
Hedge Terminated	0	HedgeTerminated
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	1	ExceptionToRebate

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV

Name Of Interested Person NameOfInterestedPerson

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	DALE KEASLING	BusinessNameLine1

Field	Value	IRS element (for citing)
Relationship	SEE SCHEDULE O	Relationship
Amount Of Transaction	12263362	AmountOfTransaction
Description Of Transaction	SEE SCHEDULE O	DescriptionOfTransaction
Sharing Of Revenues	0	SharingOfRevenues

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 WAS PRESENTED MADE AVAILABLE TO THE BOARD OF DIRECTORS BEFORE BEING FILED.
	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 INUREMENT, IMPERMISSIBLE PRIVATE BENEFIT OR IN AN EXCESS BENEFIT TRANSACTION.	FORM 990, PART VI, SECTION B, LINE 12C
	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 1/1/10, PEGGY SMITH, SENIOR ADMINISTRATOR ON 8/11/10, TODD TAYLOR, ASSISTANT ADMINISTRATOR ON 7/19/09 AND DAVID MAXWELL, ADMINISTRATOR ON 3/22/10.	FORM 990, PART VI, SECTION B, LINE 15
	THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.	FORM 990, PART VI, SECTION C, LINE 19
CHANGES IN NET ASSETS OR FUND BALANCES:	NET UNREALIZED GAINS ON INVESTMENTS: 786,449. OTHER CHANGES IN PLAN ASSETS AND BENEFIT OBLIGATIONS 45,655. TOTAL TO FORM 990, PART XI, LINE 5: 832,104.	FORM 990, PART XI, LINE 5:
	THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.	FORM 990, PART XII, LINE 2C:
	DALE KEASLING IS A BOARD MEMBER OF THE ORGANIZATION AND THE PRESIDENT OF HOME FEDERAL BANK. DURING THE YEAR THE ORGANIZATION TOOK OUT A LOAN WITH HOME FEDERAL BANK IN THE AMOUNT OF $12,263,362. THE ORGANIZATION MADE A PRINCIPAL PAYMENT OF $1,069,651 DURING THE YEAR, AS WELL AS AN INTEREST PAYMENT OF $409,734. THE OUTSTANDING PRINCIPAL BALANCE AT THE END OF THE YEAR IS $11,130,056.	SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: