2024-11-14T07:29:28-06:00 2023-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 101 SOUTH 5TH STREET STE 2100 LOUISVILLE KY 40202 990 2023-01-01 273168105 MASONIC HOME INDEPENDENT LIVING II INC MASO 5028974907 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 TODD LACY PRESIDENT 5028974907 2024-11-12 1 1 BREE-ANN WEIDNER P01319397 8885871719 2023 2024-10-15 13:58:12Z MIRALEAGROVE POINTETHE MEADOW TODD LACY 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 22463405 0 X WWW.MASONICHOMESKY.COM X 2010 KY TO PROVIDE QUALITY HOUSING AND PERSONAL CARE SERVICES THAT WILL IMPROVE AND ENHANCE THE QUALITY OF THE RESIDENTS NURTURE AND FURTHER ENHANCE AND MAKE A DIFFERENCE IN THEIR LIVES. 7 7 166 7 0 0 0 0 15633691 16541457 1270064 878559 -49393 -70516 16854362 17349500 0 0 0 0 0 0 0 0 0 19373386 20323216 19373386 20323216 -2519024 -2973716 136278897 134948840 180694315 181121370 -44415418 -46172530 X TO PROVIDE QUALITY HOUSING AND PERSONAL CARE SERVICES THAT WILL IMPROVE AND ENHANCE THE QUALITY OF THE RESIDENTS NURTURE AND FURTHER ENHANCE AND MAKE A DIFFERENCE IN THEIR LIVES. 0 0 15066226 16541457 THE ORGANIZATION'S PURPOSE IS CONSTRUCTING, OWNING, AND OPERATING A SENIOR LIVING COMMUNITY KNOWN AS MIRALEA. MIRALEA CONSISTS OF 120 INDEPENDENT LIVING APARTMENTS AND 12 RESIDENTIAL-STYLE PATIO HOMES THAT OPENED ON NOVEMBER 1, 2012. MIRALEA, WITH ITS AFFILIATION WITH MASONIC HOMES OF KENTUCKY, FORM A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH A LIFE CARE PRODUCT FOR SENIORS. MEADOW OPENED IN JULY 2018 WITH 122 UNITS. MIRALEA/MEADOW OFFERS A TIERED APPROACH TO THE AGING PROCESS, ACCOMMODATING RESIDENTS CHANGING NEEDS AS THEY AGE THROUGH INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING CARE. MIRALEA PROVIDES SENIORS THE OPTION TO LIVE AN ACTIVE LIFESTYLE IN ONE LOCATION FOR THE DURATION OF THEIR REMAINING LIFE, WITH MUCH OF THEIR FUTURE CARE ALREADY PREDETERMINED BY THE RESIDENT AND THE LIFE CARE AGREEMENTS WITH MIRALEA/MEADOW. GROVE POINTE OPENED JULY 2018 WITH 48 UNITS. GROVE POINTE OFFERS ASSISTED LIVING. 15066226 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 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 41 0 1 166 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 1 1 KY X KIMBERLY LEIS 5027538800 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 HAROLD ARMSTRONG CHAIRMAN 0.80 3.20 X X 0 0 0 TERRY BOWMAN VICE CHAIRMAN 0.80 3.20 X X 0 0 0 RONALD S CAUGHRON TREASURER 0.80 3.20 X X 0 0 0 MARK GALLOWAY SECRETARY 0.80 3.20 X X 0 0 0 TIMOTHY SANDERS DIRECTOR 0.80 3.20 X 0 0 0 RICHARD SHORT DIRECTOR 0.80 3.20 X 0 0 0 E DARREN WILSON DIRECTOR 0.80 3.20 X 0 0 0 TODD LACY PRESIDENT 2.00 38.00 X 0 444310 30282 J SCOTT JUDY CEO 2.00 38.00 X 0 444310 11097 CASEY ADAMS VICE PRESIDENT 40.00 0.00 X 0 165865 9675 ANN RICH EXECUTIVE DIRECTOR - MEADOW 40.00 0.00 X 0 122365 16400 MIKE TRUAX EXECUTIVE DIRECTOR - MIRALEA 40.00 0.00 X 0 130404 20338 0 1307254 87792 0 0 1 0 0 RESIDENT SERVICES 623990 16541457 16541457 16541457 661209 661209 5331255 5113905 217350 217350 217350 M & M CLINICS 621110 -70516 -70516 -70516 17349500 16541457 0 808043 1781 1781 47200 47200 72934 72934 401367 144641 256726 200232 200232 76166 13105 63061 220109 323 219786 1052932 490799 562133 19385 10150 9235 1772 211 1561 4100020 3690018 410002 3902080 3511872 390208 545650 545650 REIMBURSED SALARY EXPEN 3898995 2277833 1621162 EXPENSE ALLOCATION 2637589 2634995 2594 LONG-TERM CARE 1082463 1082463 FOOD 615173 615173 1447368 594643 852725 20323216 15066226 5256990 0 400757 166483 5253 561030 32537 32082 35546 45385 127325946 27349470 103513789 99976476 13671542 13119424 -193394 -263910 18812867 21311870 136278897 134948840 410329 619883 6669915 7297540 86341216 84695196 2462839 2403934 84810016 86104817 180694315 181121370 X -44415418 -46172530 -44415418 -46172530 136278897 134948840 -2973716 1216604 0 X X 0 1 X 1 0 X 14294213 14202946 14079299 15584298 16541457 74702213 14294213 14202946 14079299 15584298 16541457 74702213 0 0 0 74702213 434718 318683 369394 456670 661209 2240674 434718 318683 369394 456670 661209 2240674 14728931 14521629 14448693 16040968 17202666 76942887 0.97090 0.97270 0.02910 0.02720 X 1000000 1000000 117792546 21743013 96049533 5416270 3316987 2099283 3117130 2289470 827660 99976476 CONTRACT ACQUISITION COSTS, NET 317573 BOND ACCOUNTS 7041995 ACCRUED INTEREST 164858 DUE TO AFFILIATES 11383510 OPERATING LEASE RIGHT OF USE ASSETS 2403934 21311870 REFUNDABLE DEPOSITS 93333 ACCRUED INTEREST PAYABLE 552817 REFUNDABLE ENTRANCE FEES & DEPOSITS 85458667 86104817 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE HOME IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). THE VILLAGES ARE LIMITED LIABILITY COMPANIES THUS NOT SUBJECT TO FEDERAL INCOME TAXES AS THE INCOME AND OR LOSS WOULD BE ALLOCATED DIRECTLY TO THE HOME. THE ORGANIZATION RECOGNIZES UNCERTAIN INCOME TAX POSITIONS USING THE "MORE-LIKELY-THAN-NOT" APPROACH AS DEFINED IN THE ASC. NO LIABILITY FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. 0 0 0 0 0 0 0 0 0 TODD LACY PRESIDENT 0 437110 0 0 0 7200 0 12201 0 18081 0 474592 0 0 J SCOTT JUDY CEO 0 437110 0 0 0 7200 0 4979 0 6118 0 455407 0 0 CASEY ADAMS VICE PRESIDENT 0 160465 0 0 0 5400 0 3774 0 5901 0 175540 0 0 MIKE TRUAX EXECUTIVE DIRECTOR - MIRALEA 0 126804 0 0 0 3600 0 2502 0 17836 0 150742 0 0 PART I, LINE 3 THE RELATED ORGANIZATION, MASONIC HOMES OF KENTUCKY, USES ALL OF THE ITEMS LISTED TO ESTABLISH COMPENSATION OF THE CEO. A KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY REVENUE BONDS 610600439 49126PFH8 2016-11-03 127281735 MIRALEA PHASE III CONSTRUCTION, A SERIES 87,880,000, B SERIES $35,000,000 0 0 0 A 44645389 127281735 6704500 32907988 2446595 85222651 1 1 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 0 A 1 FORM 990, PART VI, SECTION A, LINE 6 MASONIC HOMES OF KENTUCKY, INC. IS THE "SOLE MEMBER" OF MASONIC HOME INDEPENDENT LIVING II, INC. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS OF MASONIC HOMES OF KENTUCKY, INC. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS OF MASONIC HOMES OF KENTUCKY, INC. SHALL HAVE THE AUTHORITY TO ADOPT BY-LAWS AND REGULATIONS AS MAY BE NECESSARY FOR THE GOVERNMENT OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS FIRST REVIEWED BY INTERNAL MANAGEMENT AND THEN A COPY IS MADE AVAILABLE TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANY MEMBER OF THE BOARD HAVING AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OR A COMMITTEE THEREOF FOR AUTHORIZATION, APPROVAL, OR RATIFICATION SHALL MAKE A PROMPT, FULL, AND FRANK DISCLOSURE OF HIS INTEREST. OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENTS AND REMOVE THEMSELVES FROM ANY DISCUSSION AND VOTE WHERE THEY HAVE A CONFLICT. IF A CONFLICT IS DEEMED TO EXIST, SUCH A PERSON SHALL NOT VOTE ON, NOR USE HIS PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. 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 XII, QUESTION 2C: THE RELATED ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE SELECTION OF THE INDEPENDENT ACCOUNTANT AND OVERSEES THE AUDIT. THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. MASONIC HOMES OF KENTUCKY INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 610458374 TO PROVIDE AND MAINTAIN A HOME FOR WIDOWS OF DECEASED MASONS KY 501 (C) (3) LINE 7 N/A 0 MASONIC RETIREMENT VILLAGE OF TAYLOR MILL INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 311756851 TO PROVIDE AND MAINTAIN AFFORDABLE HOUSING FOR THE ELDERLY KY 501 (C) (3) LINE 10 MASONIC HOMES OF KENTUCKY INC 0 MASONIC HOMES OF KENTUCKY PEDIATRIC DAYCARE INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 273248085 TO PROVIDE DAYCARE AND PRESCHOOL SERVICES. KY 501 (C) (3) LINE 10 MASONIC HOMES OF KENTUCKY INC 0 MASONIC HOMES COMMUNITY BASED SERVICES INC 330 MASONIC HOME DRIVE MASONIC HOME KY 40041 273248199 TO PROVIDE SERVICES THAT ENABLE PEOPLE TO REMAIN LIVING IN THEIR HOMES. KY 501 (C) (3) LINE 10 MASONIC HOMES OF KENTUCKY INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0