2024-05-15T10:10:11-05:00 2023-06-30 FORVIS LLP 1551 N WATERFRONT PKWY STE 300 WICHITA KS 672066601 990 2022-07-01 472871995 ABERDEEN RIDGE INC % BRUCE H SHOGREN ABER 3166851100 2414 N WOODLAWN BLVD WICHITA KS 67220 MELANIE OWENS CFO 3166851100 2024-05-15 true MELANIE OWENS 999009999 SHAWNELL LINOT P01663908 3162652811 2024-05-15 3 2022 2023-04-26 12:10:37Z BRUCE H SHOGREN 2414 N WOODLAWN BLVD WICHITA KS 67220 675 false X WWW.ABERDEENRIDGE.ORG X 2015 KS TO PROVIDE QUALITY SENIOR INDEPENDENT LIVING AND ASSISTED LIVING / MEMORY CARE WITHIN A CHRISTIAN-BASED COMMUNITY. 5 5 4 7 0 46867 675 0 0 18 0 300 0 47185 675 0 0 0 0 329173 303170 0 0 0 1091605 1504735 1420778 1807905 -1373593 -1807230 140925728 148703354 145586051 155170907 -4660323 -6467553 X TO PROVIDE QUALITY SENIOR INDEPENDENT LIVING AND ASSISTED LIVING / MEMORY CARE WITHIN A CHRISTIAN-BASED COMMUNITY FOUNDED UPON THE VALUES OF RESPECT, DIGNITY AND INDEPENDENCE. false false 0 0 0 ABERDEEN RIDGE IS A RETIREMENT COMMUNITY IN THE CONSTRUCTION PHASE WITH BLUE SKY SALE UNDERWAY (PRE-SALE OF FUTURE UNITS) AT JUNE 30, 2023, WITH CONSTRUCTION UNDERWAY AND INITIAL OCCUPANCY SCHEDULED FOR THE SPRING OF 2024. OPERATIONS ARE BEING DESIGNED TO PROVIDE LONG-TERM CARE SERVICES FOR OLDER INDIVIDUALS AT THE LOWEST FEASIBLE COST; TO OFFER ACCOMMODATIONS AND SERVICES ESPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, SPIRITUAL, AND PSYCHOLOGICAL NEEDS, AND TO CONTRIBUTE TO THE HEALTH, SECURITY, SENSE OF WELL-BEING AND USEFULNESS OF OLDER INDIVIDUALS. SEE SCHEDULE O FOR CONTINUATION. 0 true false false false false false false false false false true false false true true false true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 27 0 true 4 true false false false false false false false false false false false false X 5 5 true true false false true true false true true false false true true true true true true true true false CO X BRUCE H SHOGREN 3166851100 PO BOX 20440 WICHITA KS 67208 X BRUCE H SHOGREN PRESIDENT/CEO 5.0 35.0 X 0 390715 22266 MELANIE OWENS CFO/TREASURER 5.0 35.0 X 0 242281 12867 WILLIAM H TAYLOR CHIEF OPERATING OFFICER 5.0 35.0 X 0 235457 17166 JOAN MILLER ASST. TREASURER/CONTROLLER 5.0 35.0 X 0 136192 15354 SHERRY K HIND CORPORATE SECRETARY 5.0 35.0 X 0 133048 9443 AARON MORRISON TRUSTEE 1.0 3.0 X 0 0 0 GARY D BRENNECKE TRUSTEE 1.0 3.0 X 0 0 0 DAN F HARRIS CHAIR 1.0 3.0 X X 0 0 0 JOHN GOODWIN TRUSTEE 1.0 3.0 X 0 0 0 ROBERT S BONNEY VICE CHAIR 1.0 3.0 X X 0 0 0 NANCY DULING TRUSTEE 1.0 3.0 X 0 0 0 PATRICIA COOK TRUSTEE 1.0 3.0 X 0 0 0 0 1137693 77096 0 false true false GCD COLORADO LLC 220 EAST LAS COLINAS BLVD STE 1000 IRVING TX 75039 CONSULTING 618962 ATTANE 8880 WARD PARKWAY SUITE 400 KANSAS CITY MO 64114 MARKETING 325597 A G ARCHITECTURE 1414 UNDERWOOD AVE SUITE 301 WAUWATOSA WI 53213 ARCHITECT SERVICES 1095256 GMSC COLORADO LLC 220 EAST LAS COLINAS BLVD STE 1000 IRVING TX 75039 CONSULTING 216952 RGD PLANNING DESIGN 1302 HOWARD STREET OMAHA NE 68102 INTERIOR DESIGN 775576 6 675 675 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 675 0 0 0 0 0 0 266069 266069 0 17782 17782 19319 19319 482689 482689 0 0 0 0 0 499733 499733 81639 81639 276085 276085 12560 12560 0 138171 138171 12991 12991 0 717 717 0 0 0 150 150 1807905 0 1807905 0 348557 469396 0 0 0 0 55112 147780 0 0 0 0 0 0 0 0 0 0 98301248 36309363 98301248 0 0 4874058 4586948 0 0 0 0 99338638 45197982 140925728 148703354 922564 10359697 0 0 4929170 4734728 139632013 139655515 0 0 0 0 0 0 0 0 102304 420967 145586051 155170907 X -4662623 -6470528 2300 2975 -4660323 -6467553 140925728 148703354 -1807230 X false true X true false X 350 650 650 46867 675 49192 0 0 0 0 350 650 650 46867 675 49192 0 0 0 49192 0 0 5 18 0 23 0 0 0 5 18 0 23 0 0 0 0 300 0 300 350 650 655 47185 675 49515 0.99348 0.99339 0.00047 0.00047 X 0 98301248 98301248 98301248 FUNDS HELD BY FISCAL AGENT 45197982 45197982 0 Intercompany Payables 44977 Deferred Deposits 375990 420967 675 675 675 1807905 1807905 1807905 SCHEDULE D, PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. false false false false false false false false false BRUCE H SHOGREN PRESIDENT/CEO 0 368601 0 0 0 22114 0 7500 0 14766 0 412981 0 0 WILLIAM H TAYLOR CHIEF OPERATING OFFICER 0 231901 0 0 0 3556 0 2400 0 14766 0 252623 0 0 MELANIE OWENS CFO/TREASURER 0 226311 0 2700 0 13270 0 2400 0 10467 0 255148 0 0 JOAN MILLER ASST. TREASURER/CONTROLLER 0 131774 0 4200 0 218 0 600 0 14754 0 151546 0 0 FORM 990, PART VII, SCHEDULE J, PART I, LINE 3 & PART II COMPENSATION FOR BRUCE H. SHOGREN, PRESIDENT/CEO IS PROVIDED BY PRESBYTERIAN MANORS OF MID-AMERICA, INC. (PMMA), A RELATED ENTITY. PMMA USES A COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, A WRITTEN EMPLOYMENT CONTRACT, A COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO ESTABLISH MR. SHOGREN'S COMPENSATION. THE COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES IS ALSO PROVIDED BY PMMA. THE CEO OF PMMA USES COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE OTHER OFFICERS, KEY EMPLOYEES, AND EXECUTIVE DIRECTORS. A COLORADO HEALTH FACILITIES AUTHORITY 840752932 19648FTJ3 2021-12-29 139823862 SEE PART VI false false false A 0 0 141603222 7096575 7890619 0 2712240 0 0 81137318 4499369 38267101 false true false true A false false true true false 0.00000 0.00000 0.00000 false false false true A false true false false 0 false 0 false true A true SCHEDULE K, PART I, LINE A, COLUMN (F) REFUND TAXABLE PRE-CONSTRUCTION LOAN DATED JULY 31, 2021 AND FINANCE ACQUIRING, CONSTRUCTING, EQUIPPING AND FURNISHING A NEW SENIOR LIVING COMMUNITY. SCHEDULE K, PART II, LINE 3, COLUMN A AMOUNT IS NOT EQUAL TO THE ISSUE PRICE DUE TO INVESTMENT EARNINGS DURING THE PROJECT PERIOD. SCHEDULE K, PART II, COLUMN A, LINE 13 PROJECT IS STILL UNDER CONSTRUCTION. SCHEDULE K, PART II, COLUMN A, LINE 15 CURRENT REFUNDING OF TAXABLE PRE-CONSTRUCTION LOAN DATED 7/31/2021. FORM 990, PART III, LINE 4A HOUSING NEEDS ARE MET BY PROVIDING FACILITIES THAT ARE SPECIFICALLY DESIGNED TO MEET A COMBINATION OF PHYSICAL, EMOTIONAL, RECREATIONAL AND SOCIAL NEEDS OF ELDERLY PERSONS. HEALTH CARE NEEDS ARE SATISFIED BY OFFERING SENIOR INDEPENDENT LIVING AND ASSISTED LIVING / MEMORY CARE ON A SINGLE CAMPUS. FINANCIAL SECURITY IS ACHIEVED BY PROVIDING SERVICES AT THE LOWEST FEASIBLE COST. INCLUDED IS THE POLICY OF MAINTAINING IN RESIDENCE ANY PERSON WHO OUTLIVES HIS OR HER ABILITY TO PAY FOR THE COST OF RESIDENCY THROUGH NO FAULT OF THEIR OWN. FORM 990, PART VI, SECTION A, LINE 2 ALL OF THE OFFICERS AND DIRECTORS HAVE A BUSINESS RELATIONSHIP DUE TO THEIR POSITIONS IN PRESBYTERIAN MANORS OF MID-AMERICA, INC., A RELATED 501(C)(3) ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 GREYSTONE DEVELOPMENT COMPANY IS PERFORMING MARKETING AND DEVELOPMENT ACTIVITIES ASSOCIATED WITH THE PRE-CONSTRUCTION AND CONSTRUCTION PHASE OF THE FACILITY. FORM 990, PART VI, SECTION A, LINE 6 PRESBYTERIAN MANORS OF MID-AMERICA, INC., A NOT-FOR-PROFIT, 501(C)(3) ORGANIZATION IS THE SOLE MEMBER OF ABERDEEN RIDGE, INC. FORM 990, PART VI, SECTION A, LINE 7A PRESBYTERIAN MANORS OF MID-AMERICA, INC., BEING THE SOLE MEMBER OF ABERDEEN RIDGE, INC. HAS THE RIGHT TO ELECT ALL OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990. THE 990 IS THEN REVIEWED BY THE CFO AND THE ORGANIZATION'S CHAIR OF THE FINANCE COMMITTEE. ANY QUESTIONS OR CONCERNS THE CFO AND THE ORGANIZATION'S CHAIR OF THE FINANCE COMMITTEE HAVE ARE ADDRESSED AND ANY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS THEN PROVIDED TO ALL VOTING MEMBERS OF THE BOARD PRIOR TO FILING THE 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, PRESBYTERIAN MANORS OF MID-AMERICA, INC.'S ATTORNEY PRESENTS AND EXPLAINS THE CONFLICT OF INTEREST POLICY TO THE BOARD, THE OFFICERS, AND THE KEY EMPLOYEES. THE TRUSTEES, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS AND SIGN THE POLICY. IF A POSSIBLE CONFLICT OF INTEREST ARISES, IT IS REVIEWED BY THE ATTORNEY AND THE ORGANIZATION'S CEO WHO DETERMINE WHETHER A CONFLICT EXISTS. IF IT IS DETERMINED THAT A CONFLICT EXISTS, THE CONFLICTED INDIVIDUAL IS PROHIBITED FROM VOTING OR BEING INVOLVED IN DISCUSSIONS REGARDING THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15A & 15B PRESBYTERIAN MANORS OF MID-AMERICA, INC.'S ATTORNEY AND/OR THE CFO/SVP-HR PROVIDES THE BOARD OF TRUSTEES WITH COMPARABILITY DATA TO DETERMINE THE CEO'S COMPENSATION. DELIBERATION OF THE CEO'S COMPENSATION IS HELD IN THE GOVERNANCE COMMITTEE AND EXECUTIVE BOARD SESSION. THE BOARD'S DECISION IS PROVIDED TO THE CFO/SVP-HR BY THE BOARD CHAIRMAN. THE CEO USES COMPARABILITY DATA TO DETERMINE COMPENSATION FOR THE OTHER OFFICERS, KEY EMPLOYEES, AND EXECUTIVE DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ABERDEEN RIDGE, INC. MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST, AT MANAGEMENT'S DISCRETION. FORM 990 PART IX LINE 11G DESCRIPTION:MARKETING CONTRACT LABOR TOTAL FEES:499733 PRESBYTERIAN MANORS OF MID-AMERICA 2414 N WOODLAWN BLVD WICHITA KS 67220 480877587 MANAGEMENT KS 501(C)(3) 12B NA false ASHFIELD ACTIVE LIVING AND WELLNESS COMM 575 COUCH AVE KIRKWOOD MO 63122 205385139 CCRC MO 501(C)(3) 10 PMMA false PRESBYTERIAN MANORS INC 2414 N WOODLAWN WICHITA KS 67220 237154996 CCRC KS 501(C)(3) 10 PMMA false SALINA PRESBYTERIAN MANOR ENDOWMENT FUND 2601 E CRAWFORD SALINA KS 67401 480937829 FUNDS MGMT KS 501(C)(3) 12A PMI false false false false false true false false false false false false false true false true true false false false