2011-08-09T13:26:59-05:00 2010-12-31 BOBER MARKEY FEDOROVICH & COMPANY 3421 RIDGEWOOD ROAD SUITE 300 AKRON OH 44333 990 2010-01-01 341937203 SUMNER ON RIDGEWOOD INC SUMN 3306641000 970 SUMNER PKWY COPLEY OH 44321 JEFFRET T HEINTZ 3306641000 2011-08-03 1 3307629785 2010 2016-02-24 21:20:13Z JEFFREY T HEINTZ 388 S MAIN STREET AKRON OH 44311 10655548 0 X WWW.SUMNERONRIDGEWOOD.COM X 2003 OH TO SUPPLY SHELTER AND CARE FOR THE ELDERLY. 1 1 217 45 0 0 723253 612185 9265883 10040611 0 528 0 2224 9989136 10655548 0 0 0 0 4889961 4906827 0 0 0 8995515 9316660 13885476 14223487 -3896340 -3567939 40980816 39366368 60532542 56368151 -19551726 -17001783 TO PROVIDE A CONTINUUM OF INDEPENDENT LIVING, RESIDENTIAL LIVING AND SKILLED NURSING CARE FOR THE ELDERLY. 0 0 10439751 10040611 TO PROVIDE A CONTINUUM OF INDEPENDENT LIVING, RESIDENTIAL LIVING AND SKILLED NURSING CARE FOR THE ELDERLY. 10439751 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 34 0 1 217 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 X 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 OH X X MARK WATKINS 3306641000 970 SUMNER PKWY COPLEY OH 44321 X JEFFREY T HEINTZ 1.00 X 0 0 0 0 0 0 0 0 0 0 LIFE CARE SERVICES 400 LOCUST ST STE 820 DES MOINES IA 50309 MANAGEMENT 530354 ALLIANCE REHAB INC 4544 WEST RIDGE RD STE 3 ERIE PA 16506 THERAPY 461336 BROUSE MCDOWELL 388 S MAIN ST AKRON OH 44311 LEGAL SERVICES 262211 AKRON VALLEY HEALTH 561 LEEDS GATE WADSWORTH OH 44281 BED FEES 148920 4 612185 612185 ROUTINE SERVICE REVENU 623000 8671994 8671994 ENTRANCE FEE REVENUE A 623000 868465 868465 ANCILLARY SERVICE REVE 623000 500152 500152 10040611 128 128 400 400 400 400 MISCELLANEOUS INCOME 900099 2224 2224 2224 10655548 10040611 0 2752 3843110 3541401 301709 41152 37138 4014 555310 487893 67417 467255 417324 49931 485020 485020 296735 296735 20125 20125 146682 146682 152206 30704 121502 9750 9750 15024 205 14819 1865405 1865405 1539004 1492833 46171 174620 152485 22135 REAL ESTATE TAXES 1139086 981141 157945 BAD DEBT 919384 835979 83405 MEDICAL ANCILLARIES 767745 767745 UTILITIES 701866 622895 78971 MISCELLANEOUS 565334 565334 518674 506674 12000 14223487 10439751 3783736 0 1055926 1004373 1423165 1298439 171744 83002 47949831 12216433 37029149 35733398 49538 49538 1251294 1197618 40980816 39366368 10869538 7753801 2862252 2542166 33650000 33650000 13150752 12422184 60532542 56368151 X -19551726 -17001783 -19551726 -17001783 40980816 39366368 X -3567939 6117882 X 0 0 0 X 3030930 1141475 905167 723253 612185 6413010 8031520 9122219 9524777 9265883 10040611 45985010 11062450 10263694 10429944 9989136 10652796 52398020 3017392 1141475 905167 5064034 0 3017392 1141475 905167 5064034 47333986 371842 71000 301 528 443671 371842 71000 301 528 443671 154785 142487 105205 2224 404701 11589077 10477181 10535450 9989136 10655548 53246392 0.88900 0.84210 0.00830 0.01810 X 1953057 1953057 37870728 7031605 30839123 5407967 2659413 2748554 109703 11203 98500 2608376 2514212 94164 35733398 ENTRANCE FEE DEPOSITS 11275548 RESIDENT DEPOSITS 573645 OTHER LIABILITIES 245000 REFUND RESERVE PAYABLE 327991 12422184 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE RECEIVER BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS OF INTEREST POLICY IS ENFORCED THROUGH REGULAR MEETINGS OF THE SUMNER CORPORATE COMPLIANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST AND THE FORM 990 IS AVAILABLE ON WWW.GUIDESTAR.ORG. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: PRIOR PERIOD ADJUSTMENTS: 246,270. REVERSAL OF REAL ESTATE TAX ACCRUAL 5,871,612. TOTAL TO FORM 990, PART XI, LINE 5: 6,117,882. SUMNER FOUNDATION 970 SUMNER PKWY COPLEY OH 44321 341868740 INVESTMENT OH 501(C)(3) 11B N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SUMNER FOUNDATION C 612185 FMV