2023-12-04T07:34:55-06:00 2022-12-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2022-05-19 882696909 ALLEN SENIOR CARE LLC ALLE 4696569900 4062 PEACHTREE RD NE A501 BROOKHAVEN GA 303193021 MAURICE M ROSENBAUM DIRECTOR 4042761337 2023-12-04 1 MAURICE ROSENBAUM 999009999 1 HARRY E HARP CPA P00176471 4077405400 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MAURICE M ROSENBAUM 4062 PEACHTREE RD NE A501 BROOKHAVEN GA 303193021 428739 0 X WWW.CHRISTIANCARETEXAS.ORG/CCCS-ALLEN X 2022 DE SEE SCHEDULE O.ALLEN SENIOR CARE OPERATES A RETIREMENT COMMUNITY LOCATED AT 560 PRESTIGE CIRCLE, ALLEN, TEXAS 75002 WHICH PROVIDES PERSONS 55 AND OLDER WITH A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE FACILITIES. 3 0 74 0 0 0 0 428739 0 0 428739 0 0 247475 0 0 274287 521762 -93023 399000 492023 -93023 X ALLEN SENIOR CARE OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING PERSONS 55 AND OLDER A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE FACILITIES. ALLEN SENIOR CARE PROVIDES ACTIVITIES AND PROGRAMS THAT PROMOTE THE PHYSICAL HEALTH, EMOTIONAL HEALTH, BEHAVIORAL HEALTH, WELLNESS, AND SOCIAL WELL-BEING OF THE INDIVIDUALS, FAMILIES, COMMUNITIES, AND POPULATIONS SERVED. 0 0 139062 428739 ALLEN SENIOR CARE IS A CONTINUING CARE RETIREMENT COMMUNITY CONSISTING OF 22 INDEPENDENT LIVING APARTMENTS, A TOTAL OF 50 ASSISTED LIVING APARTMENTS, INCLUDING 32 PRIVATE ONE-BEDROOM AND 18 STUDIO APARTMENTS, 18 MEMORY CARE APARTMENTS. UNDER THE CONTINUING CARE CONCEPT, RESIDENTS ENTER INTO AN OCCUPANCY AGREEMENT, WHICH REQUIRES PAYMENT OF A ONE-TIME ENTRANCE FEE AND A MONTHLY SERVICE FEE. THESE PAYMENTS ENTITLE RESIDENTS TO THE USE AND PRIVILEGES OF THE COMMUNITY FOR LIFE, INCLUDING CERTAIN DISCOUNTED PRICING FOR ASSISTED LIVING OR SKILLED NURSING SERVICES. THE OCCUPANCY AGREEMENT DOES NOT ENTITLE THE RESIDENTS TO AN INTEREST IN THE REAL ESTATE OR ANY PROPERTY OF THE RETIREMENT COMMUNITY. 139062 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 0 0 0 1 1 0 1 74 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TX X OAKDALE SENIORS ALLIANCE 4238837920 118 LEE PARKWAY DRIVE SUITE 160 CHATTANOOGA TN 37421 THOMAS WILLIAM BAKER DIRECTOR 1.00 39.00 X 0 36000 0 MAURICE ROSENBAUM DIRECTOR 1.00 14.00 X 0 24000 0 FRANK CORRIGAN DIRECTOR 1.00 4.00 X 0 12000 0 0 72000 0 0 0 0 0 0 PROGRAM SERVICE REVENU 623000 428739 428739 428739 428739 428739 0 0 247475 116046 131429 OPERATING EXPENSES 149287 23016 126271 NONOPERATING EXPENSES 125000 125000 521762 139062 382700 0 269519 17892 0 111589 0 399000 215913 0 276110 0 492023 X 0 -93023 0 -93023 0 399000 -93023 0 X X 0 0 0 X 428739 428739 428739 428739 0 0 0 428739 428739 428739 X PART III, SHORT YEAR EXPLANATION: THE ORGANIZATION COMMENCED OPERATIONS ON MAY 19, 2022. THE AMOUNTS REPORTED ON SCHEDULE A REFLECT ACTIVITY FOR THE SHORT YEAR BEGINNING MAY 19, 2022 AND ENDING DECEMBER 31, 2022. 0 DUE FROM AFFILIATES 88589 DEPOSITS 23000 111589 DUE TO AFFILIATES 276110 276110 FORM 990, PART VI, SECTION A, LINE 1A THE MANAGER HAS THE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS BETWEEN REGULAR MEETINGS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH PREMA FINANCIAL SOLUTIONS, AN INDEPENDENT MANAGEMENT COMPANY, TO PROVIDE THE DAY-TO-DAY OPERATIONAL MANAGEMENT SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AFFAIRS OF THE COMPANY SHALL BE MANAGED BY THE GOVERNING BOARD APPOINTED BY THE ORGANZIATION'S SOLE MEMBER BONCREST. THE GOVERNING BOARD SHALL HAVE FULL AND COMPLETE AUTHORITY, POWER, AND DISCRETION TO MANAGE AND CONTROL THE BUSINESS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND GENERAL COUNSEL MATERIALLY ENGAGES WITH THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS IN RESPONDING TO ALL ITEMS COVERED IN THE FORM 990. WHEN ALL OF THE INFORMATION IS COMPILED INTO THE FORM 990 IT IS PRESENTED TO THE ENTIRE GOVERNING BOARD FOR REVIEW AND APPROVAL BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15B THE BOARD WILL OVERSEE AN ANNUAL REVIEW OF EXECUTIVE PERFORMANCE BASED ON A REPORT FROM EACH EXECUTIVE REGARDING THE EXECUTIVE'S PROGRESS AGAINST GOALS. AS A PART OF THE REVIEW PROCESS, THE EXECUTIVE AND THE BOARD DISCUSS AND FORMALIZE GOALS FOR PERFORMANCE FOR THE NEXT YEAR. THESE GOALS ARE ROOTED IN ORGANIZATIONAL PERFORMANCE AGAINST STRATEGIC GOALS, AS WELL AS THE OVERALL LEADERSHIP OF THE EXECUTIVE. THE BONCREST RESOURCE GROUP COMPENSATION COMMITTEE WILL ANNUALLY REVIEW EACH EXECUTIVE COMPENSATION ARRANGEMENT BASED ON COMPARABLE SALARY AND BENEFITS DATA, SUCH AS DATA AVAILABLE FROM SALARY AND BENEFIT SURVEYS, WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS, AND REVIEWING INFORMATION OBTAINED FROM IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS IN AN EFFORT TO LEARN WHAT NONPROFIT EMPLOYERS WITH SIMILAR MISSIONS OF A SIMILAR BUDGET SIZE THAT ARE LOCATED IN THE SAME OR SIMILAR GEOGRAPHIC REGION PAY THEIR EXECUTIVE OFFICERS AND LEADERS. BASED ON THE REVIEW THE COMPENSATION COMMITTEE WILL MAKE A RECOMMENDATION TO THE FULL BOARD FOR COMPENSATION INCLUDING SALARY AND BENEFITS FOR ALL BONCREST RESOURCE GROUP EXECUTIVE OFFICERS. THE COMPENSATION COMMITTEE SHALL MAINTAIN MINUTES OF THE MEETINGS AND DELIBERATIONS AND THE PROCESS USED TO CONDUCT THE REVIEW. BASED ON THE COMPENSATION COMMITTEE'S RECOMMENDATION, THE FULL BOARD OF DIRECTORS SHALL DELIBERATE AND APPROVE EACH EXECUTIVE COMPENSATION ARRANGEMENT, SUBJECT TO RECUSALS FOR EXECUTIVES WITH CONFLICTS OF INTEREST DURING ALL DELIBERATIONS REGARDING THE COMPENSATION ARRANGEMENTS, AND THE PROCESS FOR SUCH APPROVAL SHALL BE DOCUMENTED IN THE BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH BOARD MEMBER IS GIVEN THE CONFLICT OF INTEREST POLICY AND THE CEO EXPLAINS THE POLICY IN DETAIL PRIOR TO THE BOARD MEMBER'S SIGNATURE. ALL VENDORS RECEIVE AND MUST SIGN A FORM DISCLOSING ANY RELATED PARTIES INVOLVED PRIOR TO DOING BUSINESS WITH THE ORGANIZATION. ANYONE WITH A CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON MATTERS RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE COMPENSATION COMMITTEE'S RESPONSIBILITIES SHALL INCLUDE (A) TO ESTABLISH THE COMPENSATION OF THE CEO OF THE ORGANIZATION; (B) REVIEW THE COMPENSATION OF THE CEO UTILIZING COMPARABILITY DATA AND ESTABLISH MERIT INCREASES, IF ANY, IN SALARY, INCENTIVE BONUS, ETC.; AND (C) APPROVE A WRITTEN EMPLOYMENT CONTRACT WITH THE CEO AND ANY CONTRACT REVISIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FROM THE MANAGING MEMBER. UPON REQUEST, COPIES ARE SHOWN, MAILED, FAXED OR EMAILED TO THE INQUIRER. FORM 990, PART XII, LINE 2C THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. RAYMORE SENIOR CARE LLC DBA FOXWOOD SPRINGS 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 863022330 SENIOR LIVING FACILITY DE 501(C)(3) LINE 10 BONCREST RESOURCE GROUP INC 1 INDIANAPOLIS SENIOR CARE LLC DBA ROBIN RUN 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 863038399 SENIOR LIVING OPERATOR DE 501(C)(3) LINE 10 BONCREST RESOURCE GROUP INC 1 FORT WORTH SENIOR CARE LLC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 882625724 SENIOR LIVING FACILITY DE 501(C)(3) LINE 10 BONCREST RESOURCE GROUP INC 1 MESQUITE SENIOR CARE LLC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 882719886 SENIOR LIVING FACILITY DE 501(C)(3) LINE 10 BONCREST RESOURCE GROUP INC 1 BONCREST RESOURCE GROUP INC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 815401208 SENIOR LIVING OPERATOR GA 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0