2011-09-23T10:00:07-05:00 2010-12-31 CROWE HORWATH LLP 3815 River Crossing Parkway Suite 300 Indianapolis IN 462400977 990 2010-01-01 351393773 RETIREMENT LIVING INC RETI 3178759700 8140 Township Line Road Indianapolis IN 46260 STEVEN STILL 2011-09-09 true 3175698989 2010 2016-03-07 17:11:31Z MARQUETTE STEVEN STILL 8140 Township Line Road Indianapolis IN 46260 28361073 false X WWW.MARQUETTESENIORLIVING.COM X 1979 IN RETIREMENT LIVING, INC. IS A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY, PROVIDING SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORING THEIR DIGNITY AND INDEPENDENCE. 11 11 475 247 0 0 159000 180000 20212764 22435394 86357 764353 49302 77923 20507423 23457670 317736 576718 0 0 11493523 12671752 0 0 0 8842489 11184901 20653748 24433371 -146325 -975701 118598018 121297798 101115014 103303675 17483004 17994123 X AS A COMPREHENSIVE RETIREMENT COMMUNITY, THE ROLE OF RETIREMENT LIVING, INC. IS TO PROVIDE A HIGH QUALITY CONTINUUM OF CARE BY SERVING THE HOUSING AND HUMAN DEVELOPMENT NEEDS OF OUR RESIDENTS. (CONTINUED IN SCHEDULE O) false 10687801 367279 10310064 HEALTH CARE CENTER: RETIREMENT LIVING, INC. HAS 102 LICENSED BEDS IN THE HEALTH CARE CENTER. THE ORGANIZATION PROVIDES PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND AN ACTIVITY PROGRAM TO MEET THE NEEDS OF THE RESIDENTS. THE HEALTH CARE CENTER ALSO FEATURES SKILLED AND COMPREHENSIVE CARE, 24-HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. RETIREMENT LIVING, INC. PROVIDES THE BENEFIT OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES. IN 2010 THE RESIDENCE FEES ASSISTANCE PROVIDED TO RESIDENTS WAS $367,279. 6087111 3169024 ASSISTED LIVING: RETIREMENT LIVING, INC. HAS 50 ASSISTED LIVING UNITS. THE ORGANIZATION PROVIDES THREE MEALS A DAY, PLUS SNACKS TO THE RESIDENTS IN THE ASSISTED LIVING UNITS. THE ORGANIZATION ALSO PROVIDES ASSISTANCE WITH DAILY LIVING ACTIVITES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. IN ADDITION, THE ORGANIZATION OPERATES A 13 BED ASSISTED LIVING UNIT THAT PROVIDES SERVICES TO INDIVIDUALS WITH DEMENTIA. THIS UNIT OFFERS THE SAME AMENITIES AS THE OTHER ASSISTED LIVING UNITS, INCLUDING ASSISTANCE WITH DAILY LIVING ACTIVITIES, 24 HOUR SECURITY, HOUSEKEEPING AND MAINTENANCE SERVICES. 4598444 9011225 INDEPENDENT LIVING: RETIREMENT LIVING, INC. HAS 272 APARTMENTS AND 44 COTTAGES. THE ORGANIZATION PROVIDES MEALS 7 DAYS A WEEK, HOUSEKEEPING SERVICES TWICE A MONTH, AND MAINTENANCE AS NEEDED. THE ORGANIZATION ALSO PROVIDES SECURITY 24 HOURS A DAY. RETIREMENT LIVING, INC. HAS ACTIVITY PROGRAMS AS WELL AS OPPORTUNITIES FOR THE RESIDENTS TO VOLUNTEER IN THE HEALTH CARE CENTER, ASSISTED LIVING UNITS, ASSISTED LIVING FOR DEMENTIA, AND THE GIFT SHOP. 209439 209439 RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2010, THE ORGANIZATION GAVE $209,439 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. 209439 209439 21582795 true true false false false false false false false true true false false true true true false false false false false false false false false false true true false true false false false false false false false false false false false false false false false false false false false false true 68 0 true 475 true false false false false false false false false false false X 11 11 false true false false false false false true true false false true true true true true true true true false IN X Steven Still 3178759700 8140 TOWNSHIP LINE ROAD Indianapolis IN 46260 PATRICIA J RADLICK 1 X 4800 0 0 JONATHAN COOK 40 X 0 0 0 CRAIG WILSON 1 X 3700 0 0 MARK VARNAU 1 X 4500 0 0 LYNNE O'DAY 1 X X 2500 0 0 MARY STRANGE 1 X 4100 0 0 YVONNE SHAHEEN 1 X X 5400 0 0 ROBERT D KNAPP 1 X X 4100 0 0 DAVE JONGLEUX 1 X 4700 0 0 JOSEPH JANSEN 1 X 3000 0 0 ROBERT E COGHILL 1 X 1700 0 0 WILLIAM CURRAN 1 X X 8700 0 0 DAVID ALLEN 1 X 6300 0 0 STEVEN STILL 40 X 0 0 0 53500 0 0 0 false false false SHIEL SEXTON COMPANY INC 902 NORTH CAPITAL STREET INDIANAPOLIS IN 46204 CONSTRUCTION 11060024 SELECT REHABILITATION INC 35338 EAGLE WAY CHICAGO IL 60678 THERAPY 1044440 LIFE CARE SERVICES LLC 800 CAPITAL SQ STE 200 DES MOINES IA 50309 MANAGEMENT COMPANY 872213 CULKIN CONSTRUCTION 90 E SR 252 FRANKLIN IN 46131 CONSTRUCTION 205139 MICHAEL BEDWELL 1180 N 600 W GREENFIELD IN 46140 CONSTRUCTION 158326 6 180000 180000 APARTMENTS 5727622 5727622 HEALTH CARE CENTER 10291757 10291757 ASSISTED LIVING 2368933 2368933 ASSISTED LIVING - DEMENTIA 781785 781785 RESIDENCE FEES 3265297 3265297 0 0 0 0 22435394 752865 752865 0 0 18408 18408 0 18408 18408 4898201 4719635 167078 178566 -167078 11488 11488 0 0 19783 16690 3093 3093 VENDING INCOME 1503 1503 MISCELLANEOUS 54919 54919 0 0 0 0 56422 23457670 22490313 0 787357 209439 209439 367279 367279 0 0 53500 53500 0 10642566 9667895 974671 49452 45798 3654 1078613 933758 144855 847621 795603 52018 565658 565658 16062 16062 45699 45699 0 0 87276 87276 583368 521745 61623 172187 172187 159589 181 159408 0 0 1176644 1158397 18247 70946 2542 68404 0 0 747313 747313 0 3548731 3548731 157638 157638 FOOD 1246332 1246332 SUPPLIES 867453 826345 41108 MEDICINE AND DRUGS 420161 420161 ACTIVITIES 108542 108542 OTHER ANCILLARIES 121930 121930 1089372 807304 282068 0 24433371 21582795 2850576 0 0 200 200 25454678 12474527 1614599 2318578 168521 121154 1821956 1461462 114959960 30733099 69035711 84226861 9968055 11490028 8896880 9192940 0 1637418 12048 118598018 121297798 5574128 3554636 14089503 25373002 56953179 56664297 14000000 6832550 10498204 10879190 101115014 103303675 X 17483004 17994123 17483004 17994123 118598018 121297798 X -975701 1486820 X false true true X false X 241090 218942 180000 159000 180000 979032 17987378 19942674 20500158 20212764 22435394 101078368 19036 23561 21286 63883 0 0 18228468 20161616 20699194 20395325 22636680 102121283 0 0 0 0 0 0 0 0 102121283 893699 990272 1004571 756383 771273 4416198 0 893699 990272 1004571 756383 771273 4416198 0 96292 44523 73868 28390 54919 297992 19218459 21196411 21777633 21180098 23462872 106835473 0.9559 0.95565 0.0413 0.04127 X OTHER INCOME, SCHEDULE A, PART III, LINE 12, 2006 = $96,292 2007 = $44,523 2008 = $73,868 2009 = $28,390 2010 = $54,919 TOTAL OTHER INCOME $297,992, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 557248 557248 98765921 25853759 72912162 8898276 1606306 7291970 6154324 3273034 2881290 584191 584191 84226861 0 0 GOVERNMENT OBLIGATIONS 3506765 F CORPORATE DEBT SECURITIES 3346373 F FUND OF FUNDS 2339802 F 9192940 0 ADVANCE DEPOSITS 662497 REFUNDABLE RESIDENCE FEES 10216693 10879190 23457670 24433371 -975701 1486820 0 1486820 511119 24489935 1486820 0 1486820 23003115 87276 367279 454555 23457670 23978816 0 0 23978816 87276 367279 454555 24433371 FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE COMMUNITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE (CODE) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATIONS, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. THE ADOPTION HAD NO EFFECT ON THE COMMUNITY'S FINANCIAL STATEMENTS AND THE COMMUNITY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE COMMUNITY RECOGNIZES INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. THE COMMUNITY HAS NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF DECEMBER 31, 2010 AND 2009. THE COMMUNITY HAS TAX RETURNS OPEN FOR FEDERAL AND STATE PURPOSES FOR 2007 AND AFTER. Other revenues in form 990 not in audited financial statements Schedule D, Part XII, Line 4b ASSISTANCE TO RESIDENTS - 367279; Other expenses in form 990 not in audited financial statements Schedule D, Part XIII, Line 4b ASSISTANCE TO RESIDENTS - 367279; true MEALS ON WHEELS INC 2815 E 62ND STREET SUITE 130 INDIANAPOLIS IN 46220 351182075 501(C)(3) 0 175695 BOOK MEALS PROGRAM SUPPORT ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVE FL 17 CHICAGO IL 60601 133039601 501(C)(3) 27000 0 N/A N/A PROGRAM SUPPORT 2 0 RESIDENCE FEES ASSISTANCE 6 367279 0 N/A N/A Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE ASSISTANCE PROVIDED TO RESIDENTS IS NOT A CASH GRANT. IT IS SIMPLY A CREDIT TO THE TOTAL RESIDENCE FEES DUE, AND THEREFORE NO PROCEDURES ARE NECESSARY TO MONITOR THE USE OF THESE FUNDS. RETIREMENT LIVING, INC. PROVIDES MEALS TO THE CLIENTS OF MEALS ON WHEELS, INC. BECAUSE NO CASH WAS EXCHANGED, THERE ARE NO PROCEDURES FOR THE MONITORING OF THE GRANT FUNDS. A CASH GRANT WAS GIVEN TO ALZHEIMER'S ASSOCIATION. IN ORDER TO BE SURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE, THE GRANTEE ORGANIZATION PROVIDES INFORMATION TO RETIREMENT LIVING, INC. REGARDING THE USE OF THE FUNDS AND SPECIFIC PROGRAMS THAT WILL BENEFIT FROM THE GRANT FUNDS. INDIANA FINANCE AUTHORITY 351602316 455057SM2 2009-04-09 50475000 FINANCE NEW CONSTRUCTION AND EQUIPMENT AND REFUND PRIOR ISSUE DATED 11/01/2000 false false false INDIANA FINANCE AUTHORITY 351602316 2010-12-01 33320000 REFUND PRIOR ISSUE DATED APRIL 9, 2009 false false false 33045000 0 50502680 0 762855 0 778752 1160787 0 41270286 0 0 2010 true false true true 0 0 33320000 0 0 0 275000 0 0 0 0 0 2010 true false true true false false true false true 0.000 0.000 0.000 true false false true false true 0.000 0.000 0.000 true false true false false false true false true false false false true TOTAL PROCEEDS OF ISSUE PART II, COLUMN A, LINE 3 TOTAL PROCEEDS INCLUDE INVESTMENT EARNINGS THEREON Description of other program services Form 990, Part III, Line 4d RETIREMENT LIVING, INC. PROVIDES SENIORS WITH THE HIGHEST QUALITY OF CARE AND SERVICES AND HONORS THEIR DIGNITY AND INDEPENDENCE. THE ORGANIZATION ALSO SUPPORTS SENIORS IN THE COMMUNITY BY SUPPORTING ORGANIZATIONS THAT PROVIDE SERVICES TO SENIORS. IN 2010, THE ORGANIZATION GAVE $209,439 IN GRANTS TO ORGANIZATIONS TO SUPPORT LOCAL SENIORS. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) RETIREMENT LIVING, INC. REMAINS COMMITTED TO PROVIDING: -AN EXCELLENT RESIDENTIAL ENVIRONMENT AT REASONABLE COST. -SPECIALIZED HEALTH AND LONG TERM CARE SERVICES THAT ENRICH THE LIVES OF THE RESIDENTS AND THEIR FAMILIES. -APPROPRIATE SUPPORTIVE SERVICES THAT PROMOTE THE WELL BEING OF THE WHOLE PERSON AND ENCOURAGE INDEPENDENT LIVING. Delegation of management duties Form 990, Part VI, Section A, Line 3 RETIREMENT LIVING INC. IS MANAGED BY LIFE CARE SERVICES, LLC. AN UNRELATED ORGANIZATION, LIFE CARE SERVICES LLC PAYS THE COMPENSATION FOR THE EXECUTIVE DIRECTOR AND ADMINISTRATOR. THE DUTIES PERFORMED BY THESE INDIVIDUALS INCLUDE HIRING, FIRING, SUPERVISING PERSONNEL, AND OVERALL MANAGEMENT OF RETIREMENT LIVING, INC. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE FORM 990 IS REVIEWED IN DETAIL BY THE ENTIRE BOARD OF DIRECTORS. AFTER ANY QUESTIONS/CHANGES ARE ADDRESSED, THE FINAL DRAFT OF THE FORM 990 IS DISTRIBUTED VIA EMAIL TO THE BOARD OF DIRECTORS. IT IS THEN FILED ELECTRONICALLY WITH THE IRS. Conflict of interest policy Form 990, Part VI, Section B, Line 12c RETIREMENT LIVING, INC. HAS THREE CONFLICT OF INTEREST POLICIES WRITTEN SPECIFICALLY FOR THE BOARD, DEPARTMENT DIRECTORS, AND ADMINISTRATIVE OFFICERS. ALL OFFICERS AND BOARD MEMBERS SIGN THE APPROPRIATE CONFLICT OF INTEREST POLICY ANNUALLY, DISCLOSING ANY CONFLICTS THAT ARE KNOWN TO EXIST. UPON DISCLOSURE OF A CONFLICT, THE BOARD PRESIDENT APPOINTS AN INDEPENDENT COMMITTEE TO INVESTIGATE THE CONFLICT OF INTEREST. IN ALL FUTURE DISCUSSIONS BY THE BOARD ABOUT TRANSACTIONS IN WHICH THERE IS A CONFLICT OF INTEREST, THE RELATED BOARD MEMBERS OR OFFICERS SHALL ABSTAIN FROM TAKING PART IN THE DISCUSSION OR VOTING. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE COMPENSATION OF THE EXECUTIVE DIRECTOR, JONATHAN COOK, IS DETERMINED BY THE BOARD OF DIRECTORS USING COMPENSATION SURVEYS. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b THE COMPENSATION OF THE HEALTH CENTER ADMINISTRATOR, STEVEN STILL, IS DETERMINED BY THE BOARD OF DIRECTORS USING COMPENSATION SURVEYS. THE DECISIONS ARE DOCUMENTED IN THE BOARD MINUTES. THIS PROCESS WAS LAST UNDERTAKEN IN 2010. Public Disclosure Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 1486820;