2024-10-02T15:35:50-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8215 GREENWAY BOULEVARD SUITE 600 MIDDLETON WI 53562 990 2023-01-01 237401541 OAKWOOD VILLAGE UNIVERSITY WOODS APARTMENTS INC OAKW 6082304699 6165 MINERAL POINT ROAD MADISON WI 53705 CHRISTINE O'DONNELL CHIEF FINANCIAL OFFICER 6082304699 2024-09-23 1 1 LAURA SCHWEITZER CPA P01760010 6086628600 2024-09-23 2023 2024-10-15 13:58:12Z CHRISTINE O'DONNELL 6165 MINERAL POINT ROAD MADISON WI 53705 31890956 0 X WWW.OAKWOODVILLAGE.NET X 1974 WI OAKWOOD IS A LUTHERAN CHURCH SPONSORED ORGANIZATION WHOSE MISSION IS TO SERVE AGING ADULTS. 4 4 0 278 0 0 72411 2045282 12111592 13241287 175316 318847 0 0 12359319 15605416 0 0 0 0 4447490 6589937 0 0 0 8994696 9530798 13442186 16120735 -1082867 -515319 63757060 67847088 104066233 105682149 -40309173 -37835061 OAKWOOD IS A LUTHERAN MINISTRY SERVING GENERATIONS OF AGING ADULTS, ENCOURAGING INDIVIDUALITY, WORTH AND WELL-BEING THROUGHOUT LIFE. 0 0 9040564 0 9271300 THE OAKS, HERITAGE OAKS AND TOWER ARE 90, 125 AND 15 UNIT INDEPENDENT LIVING APARTMENT HOMES FOR THE ELDERLY. RESIDENTS RECEIVE DAILY CHECK INS, OPTIONAL HOUSEKEEPING, AND MAINTENANCE. THERE IS A FULL TIME SOCIAL WORKER, TRANSPORTATION SERVICES, AND LIFE ENRICHMENT ACTIVITIES FOR ALL PHYSICAL AND MENTAL CAPABILITIES. RESIDENTS RECEIVE PRIORITY ACCESS TO ASSISTED LIVING, SKILLED NURSING AND THERAPY SERVICES IF NEEDED. 14 UNITS OF THE TOWER ARE OPERATED UNDER SECTION 8 OF THE HOUSING LAW FOR LOW INCOME ELDERLY. THE RESIDENTS THAT QUALIFY FOR THE HUD PROGRAM HAVE THE SAME CONTINUING CARE SERVICES AS MARKET RATE RESIDENTS. DURING 2023, THERE WERE 82,510 DAYS OF CARE. 3871186 0 3969987 TABOR OAKS IS A 60 BED ASSISTED LIVING FACILITY THAT PROVIDED CARE TO AGING RESIDENTS THAT REQUIRE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING. SERVICES INCLUDE 3 MEALS PER DAY, 24/7 NURSING CARE, LIFE ENRICHMENT ACTIVITIES, TRANSPORTATION, MEDICATION MANAGEMENT, PASTORAL CARE AND AVAILABILITY TO REHABILITATION SERVICES IF NEEDED. RESIDENTS WHO ARE NOT ELIGIBLE FOR PUBLIC ASSISTANCE AND ARE UNABLE TO PAY MAY BE SUBSIDIZED INTERNALLY. DURING 2023, THERE WERE 21,022 DAYS OF CARE. 12911750 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 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 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X CHRISTINE O'DONNELL 6082304699 6165 MINERAL POINT RD MADISON WI 53705 PEDER MOREN CHAIR 2.00 6.00 X X 0 0 0 CALVIN WILLIAMS CHAIR, INTERIM CEO (THRU MAR) 9.00 31.00 X X 0 44135 0 TOM HANSON TREASURER 2.00 2.00 X X 0 0 0 WYNN DAVIES SECRETARY 2.00 0.00 X X 0 0 0 CURTIS BUSH SECRETARY (THROUGH MAY) 2.00 0.00 X X 0 0 0 CLIFF HAALAND DIRECTOR 2.00 0.00 X 0 0 0 JOY GANDER DIRECTOR (THROUGH MAY) 2.00 0.00 X 0 0 0 KEVIN HAYDEN INTERIM CEO (THROUGH OCT) 9.00 31.00 X X 0 124712 116 LINDA JOHNSON CFO (THROUGH FEB) 9.00 31.00 X 0 70412 5856 JANICE HAMILTON-CRAWFORD PRESIDENT AND CEO 9.00 31.00 X 0 80371 19 MARJORIE MURRAY CHIEF OPERATING OFFICER (THRU OCT) 9.00 31.00 X 0 242865 13307 CHRISTINE O'DONNELL CHIEF FINANCIAL OFFICER 9.00 31.00 X 0 250310 7889 MADELINE WIGER EXECUTIVE DIRECTOR 10.00 30.00 X 0 128054 9597 SUSAN RAFFERTY CHIEF HUMAN RESOURCES OFFICER 9.00 31.00 X 0 174695 87 ANGELA STUDNICKA PHARMACY DIRECTOR 10.00 30.00 X 0 170152 20418 JENNIFER MAINA VP OF CLINICAL EXCELLENCE 10.00 30.00 X 0 146850 22231 KIMBERLY GOCHANOUR EXECUTIVE DIRECTOR 10.00 30.00 X 0 150555 22762 MICHELLE KNUTSON CONTROLLER 10.00 30.00 X 0 161607 13221 SUSAN HUSOM HOSPICE CLINICAL DIRECTOR 10.00 30.00 X 0 141626 21180 0 1886344 136683 0 0 1 0 0 540393 1504889 2045282 RESIDENT SERVICE FEES 812900 12443618 12443618 ENTRANCE FEES 812900 797669 797669 13241287 589452 589452 16014676 259 16285540 0 -270864 259 -270605 -270605 15605416 13241287 0 318847 262737 236463 26274 4697512 3650077 1047435 123340 95447 27893 1139910 722678 417232 366438 282877 83561 149418 149418 73931 73931 1002551 571731 430820 165995 43737 122258 485373 420877 64496 336055 15306 320749 1609251 1545083 64168 3195 2876 319 965213 965202 11 3163944 3019036 144908 224001 -1340 225341 DINING FOOD COST 901321 901184 137 PILOT 189018 189018 OUTREACH 148519 148519 OPERATING/MEDICAL SUPPL 108023 103162 4861 4990 -183 5173 16120735 12911750 3208985 0 700 700 501180 796995 106251 172220 75357061 49924790 27648745 25432271 22294848 21321937 13205336 20122965 63757060 67847088 85931 96340 3945409 4206289 28561247 27922392 71473646 73457128 104066233 105682149 X -40691142 -38250855 381969 415794 -40309173 -37835061 63757060 67847088 X -515319 2955606 33825 X 0 1 X 1 0 X 196118 230240 70338 72411 2045282 2614389 12309724 11785611 10365344 12111592 13241287 59813558 12505842 12015851 10435682 12184003 15286569 62427947 64072 86692 142984 137196 201845 632789 0 64072 86692 142984 137196 201845 632789 61795158 706276 686362 651673 578444 589452 3212207 706276 686362 651673 578444 589452 3212207 13212118 12702213 11087355 12762447 15876021 65640154 0.94140 0.95540 0.04890 0.05340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 381969 -34825 -631860 -700511 415795 340482 24548 17318 379 381969 268644 2660 61939 -7239 340482 215725 3593 87486 38160 268644 209677 369 7279 1600 215725 0.51964 0.32492 0.15544 0 1 1 750286 750286 64115760 44198630 19917130 636005 617567 18438 9855010 5108593 4746417 25432271 INVESTMENT IN OFI 415794 DUE FROM RELATED PARTY 19707171 20122965 WAIT LIST DEPOSITS 1926412 ASSET RETIREMENT OBLIGATION 1795860 REFUNDABLE LIFE LEASE DEPOSITS 69734856 73457128 PART V, LINE 4: THE FUNDS ARE HELD BY OAKWOOD FOUNDATION FOR PROGRAMS INTENDING TO PROVIDE CONTINUING CARE, EDUCATION, PASTORAL CARE, AND GENERAL PURPOSES. 0 0 0 0 0 0 0 0 0 CHRISTINE O'DONNELL CHIEF FINANCIAL OFFICER 0 250310 0 0 0 0 0 7309 0 580 0 258199 0 0 MARJORIE MURRAY CHIEF OPERATING OFFICER (THRU OCT) 0 242865 0 0 0 0 0 3311 0 9996 0 256172 0 0 ANGELA STUDNICKA PHARMACY DIRECTOR 0 170152 0 0 0 0 0 6765 0 13653 0 190570 0 0 MICHELLE KNUTSON CONTROLLER 0 161607 0 0 0 0 0 4927 0 8294 0 174828 0 0 SUSAN RAFFERTY CHIEF HUMAN RESOURCES OFFICER 0 174695 0 0 0 0 0 0 0 87 0 174782 0 0 KIMBERLY GOCHANOUR EXECUTIVE DIRECTOR 0 150555 0 0 0 0 0 5243 0 17519 0 173317 0 0 JENNIFER MAINA VP OF CLINICAL EXCELLENCE 0 146850 0 0 0 0 0 4550 0 17681 0 169081 0 0 SUSAN HUSOM HOSPICE CLINICAL DIRECTOR 0 141626 0 0 0 0 0 1640 0 19540 0 162806 0 0 PART I, LINE 3 IT IS THE POLICY OF THE ORGANIZATION TO REVIEW THE COMPENSATION PACKAGE OF THE CHIEF EXECUTIVE OFFICER (CEO) AS PART OF AN ANNUAL PERFORMANCE REVIEW PROCESS. BIENNIALLY, HUMAN RESOURCES WILL CONTRACT WITH AN INDEPENDENT THIRD PARTY TO CONDUCT A MARKET-BASED ANALYSIS AND BENCHMARK OF CEO COMPENSATION THAT UTILIZES DATA FROM REGIONAL ORGANIZATIONS OF SIMILAR SIZE. THIS ANALYSIS WAS LAST PERFORMED IN 2023 PRIOR TO THE HIRING OF THE CURRENT CEO. THE BENCHMARK DATA IS PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD. THE DECISIONS, PROCESS FOR DECISION-MAKING, AND COMMITTEE MEMBERS ARE DOCUMENTED. A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY 391337855 97712JEE9 2021-12-29 29066866 REFUND SERIES 2018, 2016 BONDS AND FUND NEW FACILITY 0 0 0 A 638855 29066866 1471240 333779 1213 575662 19254366 7430606 1 0 1 1 A 0 1 0 0 0.00200 0.00200 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/10/2023 FORM 990, PART V, LINE 2A ALL EMPLOYEES RESIDE IN OAKWOOD VILLAGE UNIVERSITY WOODS HOMES. EMPLOYEES CHARGE THEIR TIME TO THE ENTITY THAT THEY ARE PERFORMING SERVICES IN. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B CONTROLLER, CFO AND BOARD MEMBERS DO A THOROUGH REVIEW BEFORE FILING WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PROVIDED TO AND DISCUSSED WITH NEW BOARD MEMBERS DURING BOARD ORIENTATION. ANNUALLY, ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT. IF A CONFLICT OF INTEREST EXISTS OR IS PERCEIVED TO EXIST, THE INDIVIDUAL IN QUESTION SHOULD DISCLOSE THE CONFLICT BEFORE THE BOARD TAKES ANY ACTION ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT IN FOUNDATION 33,825. OAKWOOD VILLAGE UNIVERISTY WOODS HOMES INC 6165 MINERAL POINT RD MADISON WI 53705 390790565 CHRISTIAN COMMUNITY FOR CARING OF AGING ADULTS WI 501(C)(3) LINE 10 OAKWOOD LUTHERAN SENIOR MINISTRIES INC 0 OAKWOOD VILLAGE PRAIRIE RIDGE APARTMENTS INC 6165 MINERAL POINT RD MADISON WI 53705 391966790 CHRISTIAN COMMUNITY FOR CARING OF AGING ADULTS WI 501(C)(3) LINE 10 OAKWOOD LUTHERAN SENIOR MINISTRIES INC 0 OAKWOOD VILLAGE PRAIRIE RIDGE HOMES INC 6165 MINERAL POINT RD MADISON WI 53705 391966791 CHRISTIAN COMMUNITY FOR CARING OF AGING ADULTS WI 501(C)(3) LINE 10 OAKWOOD LUTHERAN SENIOR MINISTRIES INC 0 OAKWOOD FOUNDATION INC 6201 MINERAL POINT RD MADISON WI 53705 391398037 CHRISTIAN COMMUNITY FOR CARING OF AGING ADULTS WI 501(C)(3) LINE 7 OAKWOOD LUTHERAN SENIOR MINISTRIES INC 0 OAKWOOD LUTHERAN SENIOR MINISTRIES INC 6201 MINERAL POINT RD MADISON WI 53705 831096645 CHRISTIAN COMMUNITY FOR CARING OF AGING ADULTS WI 501(C)(3) LINE 1 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0