2011-11-08T09:40:31-06:00 2010-12-31 RSM MCGLADREY INC 400 LOCUST ST STE 640 DES MOINES IA 503092354 990 2010-01-01 760262402 CARE INITIATIVES INC CARE 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 MIKE MCDANIEL 5152244442 2011-10-04 1 CRYSTAL JOLIN TAX MANAGER 5155586600 2010 2016-03-07 17:11:31Z MILES KING 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 157031744 0 X CAREINITIATIVES.ORG X 1989 TX CHARITABLE NON-PROFIT: 44 NURSING HOMES, 8 ASSISTED LIVING FACILITIES, 4 INDEPENDENT LIVING FACILITIES, 6 HOSPICE LOCATIONS. 7 6 4518 978 0 0 47992 58083 145558385 154111473 881416 1756901 28108 53613 146515901 155980070 147760 198512 0 0 80577721 84429319 0 0 0 62157961 61906101 142883442 146533932 3632459 9446138 178205708 183908087 148637714 144808955 29567994 39099132 X TO PROVIDE FOR THE HEALTH AND CONVALESCENT CARE OF THE ELDERLY IN LOCAL COMMUNITIES THROUGH PLEASANT, SECURE AND HOMELIKE HEALTH CARE FACILITIES STAFFED BY PROFESSIONALLY TRAINED AND CARING PERSONNEL. TO SUPPORT CHARITABLE AND BENEVOLENT CAUSES, WHICH IMPROVE THE QUALITY OF LIFE OF THE ELDERLY IN THE COMMUNITIIES IN WHICH OUR FACILITIES ARE LOCATED. 0 1 137251001 153998709 DURING 2010, CARE PROVIDED SERVICES TO 2,620 RESIDENTS IN 44 IOWA NURSING HOMES, 8 ASSISTED LIVING FACILITIES AND 4 INDEPENDENT LIVING FACILITIES. CARE PROVIDED THESE RESIDENTS, WHICH ARE COMPRISED OF ELDERLY, INFIRM AND FINANCIALLY LIMITED INDIVIDUALS WITH A COMFORTABLE, CLEAN, HOME LIKE ATMOSPHERE. CARE PROVIDES HIGH QUALITY HEALTH CARE FREE OF AS MANY RESTRAINTS AND PSYCHOTROPIC MEDICATIONS AS IS PRUDENT FOR THEIR SAFETY AND THE SAFETY OF OTHER RESIDENTS AT THE LOWEST POSSIBLE COST. SERVICES PROVIDED INCLUDE ROOM AND BOARD, PROVISION FOR DIETARY REQUIREMENTS, ASSISTANCE WITH PERSONAL HYGIENE WHERE NEEDED, AND PHYSICAL AND SOCIAL ACTIVITIES TO MAINTAIN THE HIGHEST PHYSICAL AND MENTAL QUALITY OF LIFE ATTAINABLE. ADDITIONAL SERVICES INCLUDE OCCUPATIONAL, SPEECH AND PHYSICAL THERAPY, OUTPATIENT THERAPY SERVICES, SKILLED NURSING CARE IN ALL CARE CENTERS, INDEPENDENT LIVING APARTMENTS AT SEVERAL LOCATIONS AND ASSISTED LIVING IN EIGHT LOCATIONS. IN ADDITION, CARE HAS INITIATED A PROGRAM OF RESTORATIVE NURSING CARE TO HASTEN RESIDENT'S OPPORTUNITY TO RETURN TO THEIR HOMES.DURING 2010, CARE PROVIDED HOSPICE SERVICES TO A DAILY AVERAGE OF 131 PATIENTS THROUGH SIX HOSPICE LOCATIONS. CARE PROVIDES COMPASSIONATE HEALTH CARE AND PALLIATIVE SUPPORT FOR PEOPLE FACING LIFE-LIMITING ILLNESSES OR CONDITIONS. SOME OF THE SERVICES PROVIDED INCLUDE NURSING CARE, PHYSICIAN CARE, HOME HEALTH AIDE, PHYSICAL AND SPEECH THERAPY, MASSAGE THERAPY, MUSIC THERAPY, SPIRITUAL SUPPORT, AND BEREAVEMENT SUPPORT.CARE IS THE LARGEST NURSING HOME SERVICE PROVIDER FOR MEDICAID RESIDENTS IN IOWA. 1,291 RESIDENTS PARTICIPATED IN THE MEDICAID PROGRAM WHICH REIMBURSED LESS THAN CHARGES AMOUNTING TO $11,117,823 ($11,126,000 LESS THAN COST). THOSE RESIDENTS WHO PAY PRIVATELY AND BECOME UNABLE TO PAY FULL PRIVATE RATES BUT DID NOT QUALIFY FOR GOVERNMENT ASSISTANCE WERE NOT DISCHARGED IN FOLLOWING CARE'S PRACTICE OF NOT DENYING CARE TO FINANCIALLY LIMITED INDIVIDUALS. CARE HAS AN OPEN ADMISSION POLICY 24 HOURS PER DAY AND 7 DAYS PER WEEK, WITHOUT MEDICAL OR FINANCIAL SCREENING. NO RESIDENT OF CARE IS DENIED MEDICATION, NURSING SUPPLY OR THERAPY, REGARDLESS OF THEIR ABILITY TO PAY. IN THE CASE OF BAD DEBTS DUE TO INABILITY TO PAY, CARE DOES NOT USE COLLECTION AGENCIES OR THE COURTS.CARE'S 2010 EARNINGS ($9.4 MILLION) PROVIDED FOR SIGNIFICANT COMMUNITY INVESTMENT PROGRAMS IN 2010 AND ON INTO 2011. APPROXIMATELY $3.7 MILLION IS BEING INVESTED IN CARE'S DIRECT CARE PROVIDERS THROUGH INCREASED WAGES, BENEFITS AND EDUCATION. CARE IS INVESTING IN EXCESS OF $5 MILLION NEW EQUIPMENT AND IMPROVEMENTS TO ITS NURSING FACILITIES. IN ADDITION CARE RETIRED OVER $4.8 MILLION IN DEBT.HISTORY OF MODERNIZATION AND REPLACEMENT OF NURSING FACILITIES: SINCE INCEPTION, CARE HAS INVESTED MORE THAN $85 MILLION TO MODERNIZE ITS CENTERS. IMPROVEMENTS INCLUDE AIR CONDITIONING, FIRE SPRINKLERS, REPLACEMENT OF HVAC AND ELECTRICAL SYSTEMS, AND PAVED PARKING LOTS. EVERY CARE CENTER THAT HAS NOT YET BEEN REPLACED WITH A NEW REPLACEMENT BUILDING HAS HAD EXTENSIVE RENOVATIONS. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $72 MILLION IN TEN NEW REPLACEMENT CENTER BUILDINGS THROUGHOUT IOWA.CARE PROMOTES ECONOMIC DEVELOPMENT IN THE COMMUNITIES IT SERVES BY ADDRESSING HOUSING, EMPLOYMENT, EDUCATIONAL OR ENVIRONMENTAL NEEDS AND CONCERNS. IN 2010, CARE CONTRIBUTED TO ITS COMMUNITIES BY PAYING PROPERTY TAX OF $3.2 MILLION. IN MANY OF ITS COMMUNITIES, CARE IS THE LARGEST EMPLOYER AND THEIR FAMILIES THE LARGEST STUDENT POPULATION BASE FOR THE LOCAL SCHOOL DISTRICT.CARE FACILITIES WERE A GATHERING PLACE FOR COMMUNITY VOLUNTEERS WHO PROVIDED 50,834 HOURS TO HELP THE ELDERLY. USING THE INDEPENDENT SECTOR'S ESTIMATED DOLLAR VALUE OF VOLUNTEER TIME, THE ESTIMATED VALUE OF VOLUNTEER TIME TOTALED $1,085,814.CARE'S CONTINUUM OF CARE EXTENDED INTO THE COMMUNITIES IT SERVES BY PROVIDING REDUCED OR NO-FEE SERVICES SUCH AS MEALS-ON-WHEELS, MEALS FOR COUNTY JAILS, EDUCATIONAL SERVICES AND PUBLIC AWARENESS PROGRAMS. 198512 198512 CARE IS AN IOWA LEADER IN DIRECT CONTRIBUTIONS TO THE COMMUNITY. IN 2010, $181,387 IN CHARITABLE CONTRIBUTIONS WERE MADE TO SUPPORT CHARITABLE ORGANIZATIONS THAT FURTHER CARE'S EXEMPT MISSION. OF THIS, $100,000 WAS CONTRIBUTED TO ALZHEIMER'S ASSOCIATION. CARE IS THE STATEWIDE PRESENTING SPONSOR FOR THE ALZHEIMER'S MEMORY WALKS. IN 2010, THERE WERE 20 WALKS, GENERATING $901,000 IN CONTRIBUTIONS TO THE ALZHEIMER'S ASSOCIATION. 137449513 1 0 0 1 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 1038 0 1 4518 1 0 1 TK 0 0 0 0 0 0 0 0 X 7 6 1 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 IA X X MIKE MCDANIEL 5152244442 1611 WEST LAKES PKWY WEST DES MOINES IA 502668212 KENT KAPLAN 5.00 X X 48229 0 0 JOHN K SMITH 5.00 X 48203 0 0 RON NORTHUP 8.00 X 48231 0 0 RICHARD THORNTON 6.00 X 48229 0 0 IVAN JOHNSON 4.00 X 28000 0 0 HULON WALKER 5.00 X X 48233 0 0 STEPHANIE EDWARDS 7.00 X 48229 0 0 MILES KING 40.00 X X 631335 0 24971 MIKE MCDANIEL 40.00 X 445032 0 14592 CHARLEEN SCHLEPP 40.00 X 202352 0 8515 ROBERT CONLON 40.00 X 303718 0 18625 ROBERT HAYDEN 40.00 X 264214 0 15691 WILLIAM HAVEKOST 40.00 X 236585 0 24560 JERAMY KUHN 40.00 X 178226 0 9161 DAVID DIXON 40.00 X 168735 0 8363 PEARL BAUDER 40.00 X 151189 0 11219 STEVE SPURLOCK 40.00 X 146265 0 10803 3045005 0 146500 26 0 1 0 ONR INC 1101 S CAPITAL OF TEXAS HWY BLDG G AUSTIN TX 78746 PHYS, OCC, SP THERAPY 7297792 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 72902 PHYS, OCC, SP THERAPY 275336 DAVIS BROWN KOEHN SHORS 215 10TH ST STE 1300 DES MOINES IA 50309 ATTORNEY 187673 TRI-STATE NURSING 3100 S LAKEPORT ST SIOUX CITY IA 51106 NURSE STAFFING 168974 RANDALL INDEPENDENT OT LLC 706 EAGLE RUN DELL SD 57022 OCC, SP THERAPY 162887 9 58083 948 58083 NURSING HOME SERVICES 623000 146995579 146995579 HOSPICE SERVICES 623000 5505233 5505233 ASSISTED LIVING SERVIC 623990 1243288 1243288 INDEPENDENT LIVING 623990 125479 125479 GUEST MEALS 722210 83900 83900 157994 129130 28864 154111473 443773 443773 79338 79338 17539 17539 17539 17539 2285464 1051674 1233790 1233790 1233790 SUBPART F INCOME 900099 36074 36074 36074 155980070 153998709 0 1923278 160714 160714 37798 37798 2246397 2246397 73366552 69882651 3483901 125939 113205 12734 3344268 3326433 17835 5346163 5079078 267085 15100 15100 213076 213076 1280419 1280419 12078331 11827089 251242 875129 838226 36903 16633706 16468890 164816 259584 259584 8627377 8423009 204368 1372038 1214725 157313 5774424 5635685 138739 9237371 9037368 200003 3395484 3354485 40999 MISCELLANEOUS 899762 875153 24609 TRAINING 520594 475418 45176 DUES 329256 290036 39220 IMPAIRMENT 200000 200000 TC LLC LOSS 194450 194450 146533932 137449513 9084419 0 23125 22138 12537170 28048120 16149833 22999417 1225225 1460977 533790 1128546 633395 191538638 97838011 98939240 93700627 16342397 26993256 1223053 1011887 19750508 19391091 178205708 183908087 22609051 23745698 126028663 121063257 148637714 144808955 X 29567994 39099132 29567994 39099132 178205708 183908087 X 9446138 85000 X X 0 1 1 X 0 X 1181811 1240415 111753 47992 58083 2640054 136577338 137967228 143629471 145558385 154111473 717843895 137759149 139207643 143741224 145606377 154169556 720483949 0 0 0 720483949 2447907 3143506 2450070 1158870 540650 9741003 2447907 3143506 2450070 1158870 540650 9741003 89928 693212 54742 28108 36074 902064 140296984 143044361 146246036 146793355 154746280 731127016 0.98540 0.98410 0.01330 0.01460 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: 2006 $89,928 SUBPART F INCOME 2007 $93,212 SUBPART F INCOME 2007 $600,000 LIABILITY INSURANCE REIMBURSEMENT 2008 $54,472 SUBPART F INCOME 2009 $28,108 SUBPART F INCOME 2010 $36,074 SUBPART F INCOME 0 0 0 0 0 1 28110 0 0 0 28110 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: DURING 2010, CARE INITIATIVES HAD NO DIRECT EXPENSES FOR LOBBYING ACTIVITIES. CARE INITIATIVES WAS NOTIFIED BY IOWA HEALTH CARE ASSOCIATION THAT 14.2% OF DUES WOULD BE SPENT ON LOBBYING AND OTHER EXPENDITURES SUBJECT TO CODE SEC. 162(E)(1). DURING 2010, CARE INITIATIVES PAID DUES TO IHCA OF $197,959. 1 296350 2952921 3006773 242498 0 7355618 7355618 136875625 65179057 71696568 2495376 1838157 657219 33445188 26359468 7085720 11366831 4461329 6905502 93700627 BOND SINKING FUND 5273007 BOND DEBT SERVICE RESERVE FUND 9006697 DEPOSITS 66772 CAPITAL DEPOSIT -IIC 174641 SELF INSURANCE TRUST FUND 3120514 DEBT ISSUANCE 1531705 ASSETS HELD FOR SALE 217755 19391091 CARE IS CLASSIFIED AS A TAX-EXEMPT ORGANIZATION AND IS NOT SUBJECT TO FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. CARE IS SUBJECT TO FEDERAL AND STATE INCOME TAXES TO THE EXTENT IT HAS UNRELATED BUSINESS INCOME. IN ACCORDANCE WITH THE ACCOUNTING GUIDANCE FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THAT THERE ARE NO INCOME TAX EFFECTS WITH RESPECT TO THE FINANCIAL STATEMENTS. CARE IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2007. CENTRAL AMERICA & THE CARIBBEAN 1 0 PROFESSIONAL & GENERAL LIABILITY INSURANCE N/A 73392 0 0 0 73392 0 73392 0 0 1 0 0 0 1 ALZHEIMERS ASSOCIATION 1730 28TH STREET WEST DES MOINES IA 50266 421520582 501(C)(3) 100575 GENERAL SUPPORT FOOD BANK OF IOWA EAST 17TH STREET DES MOINES IA 50316 421177880 501(C)(3) 10000 GENERAL SUPPORT IOWA SPORTS FOUNDATION 1421 SOUTH BELL AMES IA 50010 421278326 501(C)(3) 10000 GENERAL SUPPORT UNITED WAY OF CENTRAL IA 1111 9TH ST DES MOINES IA 50309 420680425 501(C)(3) 8000 GENERAL SUPPORT CHEROKEE COMMUNITY FOUNDATION 416 WEST MAIN STREET CHEROKEE IA 51012 300036983 501(C)(3) 5000 GENERAL SUPPORTGENERAL SUPPORT 5 HARDSHIP FUNDS/FINANCIAL ASSISTANCE 6 37798 OTHER INFORMATION: PART IV: ORGANIZATIONS ARE SELECTED BASED UPON RELATEDNESS TO CARE INITIATIVES EXEMPT MISSION. THE FILING ORGANIZATION BASES THE NUMBER OF RECIPIENTS FOR ASSISTANCE BASED UPON THE ACTUAL BOOKS AND RECORDS OF THE ORGANIZATION. X X X X X X 0 0 0 0 0 0 0 0 0 MILES KING 455459 0 135265 0 40611 0 1029 0 23942 0 656306 0 0 0 MIKE MCDANIEL 311338 0 92723 0 40971 0 1029 0 13563 0 459624 0 0 0 CHARLEEN SCHLEPP 142831 0 41282 0 18239 0 805 0 7710 0 210867 0 0 0 ROBERT CONLON 201992 0 60755 0 40971 0 1029 0 17596 0 322343 0 0 0 ROBERT HAYDEN 188551 0 56811 0 18852 0 1029 0 14662 0 279905 0 0 0 WILLIAM HAVEKOST 168990 0 49440 0 18155 0 755 0 23805 0 261145 0 0 0 JERAMY KUHN 124383 0 37080 0 16763 0 0 0 9161 0 187387 0 0 0 DAVID DIXON 128502 0 38733 0 1500 0 696 0 7667 0 177098 0 0 0 PEARL BAUDER 113467 0 35119 0 2603 0 555 0 10664 0 162408 0 0 0 STEVE SPURLOCK 110635 0 34299 0 1331 0 612 0 10191 0 157068 0 0 0 SUPPLEMENTAL INFORMATION PART III PART II, COLUMN B (III): IN 2010, CARE INITIATIVES, INC ESTABLISHED A 457B PLAN FOR THEIR KEY OFFICERS. IT WAS FUNDED TO THE FOLLOWING INDIVIDUALS IN THE AMOUNTS LISTED BELOW: MILES KING $22,000; MIKE MCDANIEL $22,000; AND ROBERT CONLON $22,000. THE ABOVE MENTIONED AMOUNTS ARE INCLUDED IN PART II, COLUMN B (III). IOWA FINANCE AUTHORITY 521699886 462466AV5 2006-08-02 94259850 REFUND PRIOR BONDS (5/14/96) 0 0 0 IOWA FINANCE AUTHORITY 521699886 46246PLQ2 2010-09-30 27420000 REFUND PRIOR BONDS (11/22/02), (11/15/06) 0 0 0 13175000 94259850 2850824 68298184 742942 25218724 1 1 1 1 27420000 27420000 1 0 1 1 0 0 0 0 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 1 0 1 0 0 0 1 PART III, LINE 3 BOND COUNSEL REVIEW NO MANAGEMENT/SERVICE CONTRACTS OR RESEARCH AGREEMENTS RELATED TO THE FINANCED PROPERTY APPLICABLE IN 2010. THE ORGANIZATION WOULD ENGAGE BOND COUNSEL IF A REVIEW WAS APPLICABLE. CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 DURING 2010, CARE DISCONTINUED THEIR PHARMACY. FORM 990, PART VI, SECTION A, LINE 2 DURING 2010, DIRECTOR HULON WALKER AND DIRECTOR JOHN K. SMITH EACH HOLD A ONE QUARTER INTEREST IN THE SAME TEXAS CORPORATION THAT OWNED AND OPERATED ONE ASSISTED LIVING FACILITY IN TEXAS. THAT CORPORATION CONDUCTED NO BUSINESS WITH CARE INITIATIVES, INC. FORM 990, PART VI, SECTION A, LINE 4 IN JANUARY 2010, CARE AMENDED ITS BY-LAWS TO INCREASE THE NUMBER OF MEMBERS OF THE BOARD OF DIRECTORS FROM SEVEN TO EIGHT. THE BY-LAWS WERE ALSO AMENDED TO PROVIDE FOR THE CONFIRMATION OF A NEW MEMBER AFTER THEIR FIRST YEAR OF A SIX-YEAR TERM. FORM 990, PART VI, SECTION B, LINE 11 THE DRAFT OF THE ANNUAL FORM 990 IS REVIEWED PRIOR TO FILING BY THE FULL BOARD IN A REGULARLY SCHEDULED BOARD MEETING. SUBSEQUENT TO FILING, A FILED COPY OF THE 990 IS MADE AVAILABLE TO THE BOARD MEMBERS. ADDITIONALLY, THE FILED 990 IS PUBLISHED ON THE CORPORATION PUBLIC WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO READ THE CORPORATE POLICY AND COMPLETE AN ANNUAL SIGNED CERTIFICATE REGARDING THE CORPORATE CONFLICT OF INTEREST POLICY. THIS PROCESS IS ADMINISTERED BY THE CORPORATE COMPLIANCE OFFICER. ADDITIONALLY, THE BOARD AND OFFICERS RECEIVE REQUIRED ANNUAL COMPLIANCE TRAINING, INCLUDING BUSINESS PRACTICES AND CONFLICT OF INTEREST, AGAIN UNDER THE SUPERVISION OF THE COMPLIANCE OFFICER. THE COMPLIANCE OFFICER ALSO ATTENDS EACH BOARD MEETING AND SERVES, ALONG WITH ALL BOARD MEMBERS, TO RECOGNIZE AND IDENTIFY POTENTIAL CONFLICT OF INTEREST EVENTS. IDENTIFIED CONFLICT OF INTEREST SITUATIONS AND DELIBERATIONS ARE DOCUMENTED IN FORMAL BOARD OF DIRECTOR MINUTES. FORM 990, PART VI, SECTION B, LINE 15 CARE'S CEO, CFO AND VICE PRESIDENT/DIRECTOR OF OPERATIONS HAVE BEEN IDENTIFIED AS DISQUALIFIED PERSONS. COMPENSATION FOR THESE POSITIONS IS DETERMINED BY INDEPENDENT DIRECTORS OF THE COMPENSATION COMMITTEE WITHOUT THE AFFECTED PARTIES BEING PRESENT AND IS SUBSEQUENTLY PROVIDED TO THE FULL BOARD FOR THEIR ACTION OR APPROVAL. FORMAL PERFORMANCE EVALUATIONS AND DOCUMENTATIONS OF EACH STEP IN THE DELIBERATION PROCESS ARE CONTAINED IN RETAINED COMPENSATION COMMITTEE REPORTS. THE DETERMINATION OF THE COMPENSATION COMMITTEE IS SUPPORTED BY A 2008 REPORT BY QUALIFIED INDEPENDENT COMPENSATION CONSULTANTS USING APPROPRIATE COMPARABILITY DATA. THE DELIBERATIONS OF THE COMPENSATION COMMITTEE AND BOARD ARE CONTEMPORANEOUSLY RECORDED IN FORMAL MEETING MINUTES THAT ARE RETAINED BY THE ORGANIZATION. OTHER LOWER LEVEL OFFICER COMPENSATION IS DETERMINED BY THE PRESIDENT AND CEO IN CONSULTATION WITH THE MEMBERS OF THE COMPENSATION COMMITTEE AND BOARD OF DIRECTORS. THE REPORTS OF COMPENSATION CONSULTANTS UTILIZED IN THE EVALUATION OF COMPENSATION LEVELS FOR THE CEO, CFO AND VICE PRESIDENT/DIRECTOR OF OPERATIONS ARE REVIEWED, ALONG WITH PERFORMANCE EVALUATIONS, INFLATION DATA AND COMPETITIVE FACTORS, ALL TO ESTABLISH COMPENSATION LEVELS. COMPENSATION CHANGES ARE DOCUMENTED AND RETAINED BY THE CORPORATION'S HUMAN RESOURCE DEPARTMENT. OTHER KEY EMPLOYEE COMPENSATION IS DETERMINED ACCORDING TO LONG STANDING PERSONNEL POLICIES ADMINISTERED BY THE CORPORATION'S HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES ITS FORM 990 ON THE ORGANIZATION'S PUBLIC WEBSITE. THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENT, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: UNREALIZED GAIN ON INVESTMENTS 85,000. TOTAL TO FORM 990, PART XI, LINE 5: 85,000. CONSOLIDATED AUDIT OF FINANCIAL STATEMENTS: FORM 990, PART XI, LINES 2A, 2B, 2C: THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT. THE ORGANIZATION HAS AN AUDIT COMMITTEE OF THE BOARD OF DIRECTORS THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE IN THIS PROCESS IS THE CURRENT YEAR. VOLUNTEERS: FORM 990, PART I, LINE 6: CARE INITIATIVES HAD 50,834 RECORDED VOLUNTEER HOURS IN 2010. THE AVERAGE VOLUNTEER WORKS ONE HOUR PER WEEK RESULTING IN A CALCULATED NUMBER OF VOLUNTEERS OF 978. VOLUNTEERS MAINLY PROVIDE ENTERTAINMENT FOR AND CONVERSE WITH RESIDENTS. ODEBOLT ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738090 LOW INCOME HOUSING NE N/A RELATED -4 94 0 1 0.00010 PANORA ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738136 LOW INCOME HOUSING NE N/A RELATED -7 106 0 1 0.00010 DUNLAP ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738210 LOW INCOME HOUSING NE N/A RELATED -3 104 0 1 0.00010 LAMONI ASSISTED LIVING LLC 13520 CALIFORNIA ST SUITE 250 OMAHA NE 68154 203738239 LOW INCOME HOUSING NE N/A RELATED -6 74 0 1 0.00010 IOWA INDEMNITY COMPANY LTD BOX 560 BEATRICE BUTTERFIELD BUILDI PROVIDENCIALES TURKS & CAICOS ISLANDS TK 760262402 CAPTIVE INSURANCE TK N/A C 36074 1663325 1.00000 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 DUNLAP ASSISTED LIVING LLC A 11466 GAAP ODEBOLT ASSISTED LIVING LLC A 11466 GAAP LAMONI ASSISTED LIVING LLC A 11466 GAAP PANORA ASSISTED LIVING LLC A 11466 GAAP DUNLAP ASSISTED LIVING LLC D 200000 GAAP ODEBOLT ASSISTED LIVING LLC D 200000 GAAP LAMONI ASSISTED LIVING LLC D 200000 GAAP PANORA ASSISTED LIVING LLC D 200000 GAAP THE CORPORATION IS THE 0.01% MANAGING MEMBER IN FOUR LIMITED LIABILITY COMPANIES PROVIDING ASSISTED LIVING SERVICES. THESE ENTITIES OWN BUILDINGS THAT ARE ATTACHED TO THE CORPORATION'S RELATED NURSING HOMES AND THEY QUALIFY FOR AN ALLOCATION OF LOW-INCOME HOUSING TAX CREDITS UNDER SECTION 42 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND WERE PLACED IN SERVICE IN 2007. CARE INITIATIVES PROVIDES DAILY OPERATIONAL MANAGEMENT SERVICES AND PERMANENT FINANCING. THE AGREEMENTS PROVIDE FOR CARE INITIATIVES TO PURCHASE THE 99.99% INVESTOR MEMBER INTEREST AT THE END OF THE 15-YR TAX CREDIT COMPLIANCE PERIOD FOR AN AMOUNT BASED ON A PROCESS AS SPECIFIED IN THE AGREEMENT.