2025-01-16T10:18:46-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2023-07-01 480830076 MANHATTAN RETIREMENT FOUNDATION INC MANH 7855374610 2121 MEADOWLARK ROAD MANHATTAN KS 66502 LONNIE BAKER CEO 7855374610 2025-01-15 1 0 AMBER ROGNAN-HAMILTON P01251012 3149254300 2025-01-15 2023 2024-10-15 13:58:12Z LONNIE BAKER 2121 MEADOWLARK ROAD MANHATTAN KS 66502 36246917 0 X WWW.MEADOWLARK.ORG X 1975 KS WE ARE COMMITTED TO ENHANCING THE QUALITY OF LIFE BY NURTURING INDIVIDUALITY, INDEPENDENCE, VALUES, AND COMMUNITY. 16 16 763 100 691004 334523 230215 147909 27750475 30209490 626847 888272 1542178 2242503 30149715 33488174 27991 28733 0 0 16309923 17449072 0 0 0 13035853 14242377 29373767 31720182 775948 1767992 83129289 83054780 90312804 88408232 -7183515 -5353452 X MEADOWLARK HILLS IS EACH RESIDENT'S HOME. WE ARE COMMITTED TO ENHANCING THE QUALITY OF LIFE BY NURTURING INDIVIDUALITY, INDEPENDENCE, VALUES, AND COMMUNITY. 0 1 13739992 28733 15633899 HEALTH CARE: FOLLOWING MEADOWLARK'S NATIONALLY RECOGNIZED HOUSEHOLD MODEL, THESE HOUSES ARE DESIGNED TO OFFER THE FREEDOM, PRIVACY AND CONNECTIVITY OF HOME TO RESIDENTS WHO NEED ROUND-THE-CLOCK SKILLED NURSING CARE. OF THE 133 LICENSED BEDS, APPROXIMATELY 39% ARE OCCUPIED BY RESIDENTS RECEIVING MEDICAID BENEFITS, 8% RECEIVING MEDICARE A BENEFITS AND 53% PRIVATE PAY. TOTAL OCCUPANCY FOR FY24 WAS 92.0%. 7148174 0 8133471 INDEPENDENT LIVING: INDEPENDENT LIVING OPTIONS RANGE FROM SPACIOUS COTTAGES WITH ROOM FOR OUTDOOR ENTERTAINING TO A STUDIO APARTMENT. FOR FY24, 187 APARTMENTS AND DUPLEXES WERE AVAILABLE AND HAD A TOTAL OCCUPANCY OF 95%. 3300315 0 3755227 HOME HEALTH: MEADOWLARK'S HOME HEALTH SERVICES ALLOW YOU TO RECEIVE QUALITY MEDICAL CARE WHILE MAINTAINING THE GREATEST LEVEL OF INDEPENDENCE POSSIBLE. NURSES AND HOME HEALTH AIDES CAN ADDRESS YOUR HEALTH ISSUES IN THE COMFORT OF YOUR OWN HOME. THE ORGANIZATION OPERATED AN 8-BED HOME PLUS ASSISTED LIVING AND MEMORY CARE FACILITY THROUGH NOVEMBER 2023. IN NOVEMBER 2023, THE ORGANIZATION CLOSED ITS HOME PLUS FACILITY. THESE FACILITIES FOCUS ON PROVIDING INDIVIDUALIZED CARE FOR SENIORS WITH DEMENTIA OR SOME FORM OF MEMORY LOSS IN A HOME SETTING. TOTAL OCCUPANCY FOR FY24 WAS 98.2% 2361400 0 2686893 ASSISTED LIVING: IN MEADOWLARK'S ASSISTED LIVING HOUSEHOLDS, TYPICAL CHORES SUCH AS HOUSEKEEPING AND LINEN SERVICE ARE TAKEN CARE OF SO YOU CAN ENJOY YOURSELF AND YOUR TIME. MEANWHILE, AROUND-THE-CLOCK STAFF GIVES YOU AND YOUR FAMILY PEACE OF MIND, ALLOWING YOU TO MAINTAIN BOTH YOUR SAFETY AND QUALITY OF LIFE. FOR FY24, 38 ASSISTED LIVING APARTMENTS WITH 46 LICENSED BEDS WERE AVAILABLE. TOTAL OCCUPANCY FOR THE YEAR WAS 94.4%. 2361400 0 2686893 26549881 1 1 0 0 0 0 0 0 1 0 1 0 0 0 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 1 0 0 0 0 0 0 1 1 1 0 0 1 109 0 763 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRIS NELSON 7853233842 2121 MEADOWLARK ROAD MANHATTAN KS 66502 X BILL LANSDOWNE BOARD OF TRUSTEES, PAST CHAIR 1.00 0.00 X X 0 0 0 ROSS GRYNKIEWICZ BOARD OF TRUSTEES, CHAIR 2.00 0.00 X X 0 0 0 BRETT PARISE BOARD OF TRUSTEES, VICE CHAIR 2.00 0.00 X X 0 0 0 PATRICK SCHUTTER BOARD OF TRUSTEES, SECRETARY 2.00 0.00 X X 0 0 0 JOHN COOK BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 RONNIE GRICE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JAMES HAWLEY BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 RONALD WILLIAMS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 NYLE LARSON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 AMY PAYNE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KAY STITH BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 JO LYLE BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 KAREN MATTHEWS BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LACI CORNELISON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 DAVE NELSON BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 PAUL DITTMAR BOARD OF TRUSTEES 1.00 0.00 X 0 0 0 LONNIE BAKER CHIEF EXECUTIVE OFFICER 35.00 5.00 X 359024 0 30408 CHRIS NELSON FINANCE DIRECTOR 35.00 5.00 X 222056 0 25268 ANNIE PEACE HEALTH SERVICES DIRECTOR 40.00 0.00 X 178751 0 22786 MIKE DAVIS ENVIRONMENT SERVICES LEAD 40.00 0.00 X 128456 0 14623 JENNIFER SCHOENHOFFER DIRECTOR OF NURSING 40.00 0.00 X 145286 0 16694 JAYME MINTON SUPPORT SERVICES DIRECTOR 40.00 0.00 X 138764 0 5032 SARAH DUGGAN COMMUNITY RELATIONS DIRECTOR 40.00 0.00 X 113095 0 4330 1285432 0 119141 12 0 1 0 BHS CONSTRUCTION 301 S 4TH ST 210 MANHATTAN KS 66502 CONSTRUCTION SERVICES 9818997 SUMMIT CARE INC 6731 W 121ST STREET SUITE 100 OVERLAND PARK KS 66209 CONTRACT THERAPY 1223903 WEDDLE AND SONS ROOFING 2601 ANDERSON AVE SUITE 200A MANHATTAN KS 66502 ROOFING SERVICES 386601 DT CONSTRUCTION 9795 N 52ND RD RILEY KS 66531 HVAC REPAIRS 216929 US ENGINEERING LLC 3433 ROANOKE ROAD KANSAS CITY MO 64111 HVAC AND OTHER MECHANICAL REPAIRS 208719 8 124069 23840 147909 NET SERVICE REVENUE 623000 28149793 28149793 AMORTIZATION OF ENTRANCE FEES 623000 2059697 2059697 30209490 538780 538780 387071 387071 184207 246266 -62059 -62059 -62059 2110523 364375 2149277 363200 -38754 1175 -37579 -37579 CAFETERIA 623000 991422 991422 CONSULTING REVENUE 623000 753063 753063 HOUSEKEEPING 623000 206711 206711 353366 353366 2304562 33488174 30209490 691004 2439771 28733 28733 678637 148455 530182 14307564 12474563 1833001 174466 158824 15642 1136289 972459 163830 1152116 965569 186547 127710 127710 116881 116881 2105593 1714837 390756 337194 286615 50579 1926496 1782176 144320 495742 421381 74361 1118913 951076 167837 168953 153892 15061 1928955 1639612 289343 3803305 3232809 570496 355859 302480 53379 UNRELATED BUSINESS INCO 900 900 FOOD 1058395 992649 65746 LOSS ON EXTINGUISHMENT 292604 292604 RESIDENT ENTERTAINMENT 88731 75421 13310 316146 247430 68716 31720182 26549881 5170301 0 3400 3400 11648247 15251305 2453995 3063490 277061 265884 352531 408341 106241031 49609272 56579629 56631759 11116913 7385613 381788 315725 44988 83129289 83054780 3251940 1829960 571510 710231 68792863 62104698 16164 19030 17680327 23744313 90312804 88408232 X -7183515 -5353452 -7183515 -5353452 83129289 83054780 X 1767992 132812 -70741 X X 0 1 X 1 0 X 741513 3482296 473669 230215 147909 5075602 24617327 23403476 25906870 27750475 30209490 131887638 18767 24843 1121331 1440517 1488098 4093556 25377607 26910615 27501870 29421207 31845497 141056796 51858 184042 198994 237276 168899 841069 0 51858 184042 198994 237276 168899 841069 140215727 91988 59334 120655 669108 925851 1866936 3024 304324 307348 91988 59334 120655 672132 1230175 2174284 1109400 947418 143666 62673 63401 2326558 26578995 27917367 27766191 30156012 33139073 145557638 0.96330 0.96260 0.01490 0.00740 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CAFETERIA - 2019 AMOUNT: $ 659,493. 2020 AMOUNT: $ 554,970. HOUSEKEEPING - 2019 AMOUNT: $ 190,543. 2020 AMOUNT: $ 182,368. MISCELLANEOUS - 2019 AMOUNT: $ 41,093. 2020 AMOUNT: $ 64,117. 2021 AMOUNT: $ 43,370. 2022 AMOUNT: $ 39,269. 2023 AMOUNT: $ 38,939. TRANSPORTATION - 2019 AMOUNT: $ 110,360. 2020 AMOUNT: $ 89,304. FITNESS WELLNESS - 2019 AMOUNT: $ 45,973. 2020 AMOUNT: $ 18,064. 2021 AMOUNT: $ 39,927. MAINTENANCE/MOVING SERVICES - 2019 AMOUNT: $ 50,026. 2020 AMOUNT: $ 37,432. 2021 AMOUNT: $ 47,263. GUEST ROOM SERVICES - 2019 AMOUNT: $ 11,912. 2020 AMOUNT: $ 1,163. 2021 AMOUNT: $ 13,106. SHARE PAYMENT FROM CREDIT CARDS - 2022 AMOUNT: $ 23,404. 2023 AMOUNT: $ 24,462. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 721526 721526 81804805 36446480 45358325 13197515 6861036 6336479 9933989 6301756 3632233 583196 583196 56631759 LUF DEFERRED LIABILITIES 10848244 REFUNDABLE LUF'S 12780989 COURTESY DAYS LIABILITY - CURRENT 100000 LONG-TERM LEASE LIABILITY 15080 23744313 X PART IV, LINE 2B: THE ORGANIZATION IS TRUSTEE OF VARIOUS RESIDENT FUNDS AND HAS A FIDUCIARY RESPONSIBILITY FOR THE ADMINISTRATION AND DISTRIBUTION OF THESE FUNDS FOR THE RESIDENTS. THESE FUNDS ARE ON DEPOSIT IN A SEPARATE BANK ACCOUNT. PART X, LINE 2: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. X X X X X 0 0 0 0 0 0 0 0 0 LONNIE BAKER CHIEF EXECUTIVE OFFICER 311204 0 47820 0 0 0 12531 0 17877 0 389432 0 0 0 CHRIS NELSON FINANCE DIRECTOR 182768 0 39288 0 0 0 7391 0 17877 0 247324 0 0 0 ANNIE PEACE HEALTH SERVICES DIRECTOR 142338 0 36413 0 0 0 4909 0 17877 0 201537 0 0 0 JENNIFER SCHOENHOFFER DIRECTOR OF NURSING 145286 0 0 0 0 0 2284 0 14410 0 161980 0 0 0 A CITY OF MANHATTAN KS 486023836 563017EC2 2021-07-20 45993198 SEE PART VI 0 0 0 B CITY OF MANHATTAN KS 486023836 563017EF5 2022-03-17 23192122 TO FUND CONSTRUCTION OF NEW INDEPENDENT LIVING BUILDING. 0 0 0 A 3355000 46181976 3638025 814951 41729000 2021 1 1 1 1 B 5250000 23884576 57748 463842 19908867 3454119 2024 0 0 1 1 A 0 1 1 1 0 0.00000 0.05000 0.05000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, BOND A, PART I, COLUMN F REFUND SERIES 2016 BONDS ISSUED 6/9/16, 2017 BONDS ISSUED 12/13/17, AND 2019 REVENUE BONDS BONDS ISSUED 12/20/2019. ALSO, A PORTION WAS USED TO REFUND A PRIOR OUTSTANDING CONSTRUCTION LOAN; MAKE PAYMENTS TO TERMINATE THE SWAP AGREEMENT ISSUED IN CONJUNCTION WITH THE SERIES 2016A BONDS, PAY COSTS OF ACQUIRING, CONSTRUCTING AND RENOVATING PROJECTS, FUND THE MASTER RESERVE FUND, AND PAY CERTAIN ISSUANCE COSTS OF THE SERIES 2021 BONDS. SCHEDULE K, PART II LINE 17 ALTHOUGH FINAL ALLOCATIONS HAVE NOT BEEN MADE, THE ORGANIZATION WILL MAINTAIN ADEQUATE BOOKS AND RECORDS TO SUPPORT THE ALLOCATION, ONCE MADE. SCHEDULE K, BOND B, PART I COLUMN E, AND PART II LINE 3 ISSUE PRICE AND TOTAL PROCEEDS OF ISSUE DIFFER AS A RESULT OF INVESTMENT EARNINGS. KIERSTEN BAKER DAUGHTER OF CEO 16174 COMPENSATION 0 FORM 990, PART III, LINE 3 DURING THE TAX YEAR, THE ORGANIZATION CLOSED THE HOME PLUS ASSISTED LIVING AND MEMORY CARE FACILITY THAT IS REPORTED ON PART III, LINE 4C. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE A STANDING COMMITTEE OF THE BOARD OF TRUSTEES: 1. THE EXECUTIVE COMMITTEE SHALL CONSIST OF ALL ELECTED OFFICERS AND ANY OTHER TRUSTEE ELECTED THERETO BY THE BOARD. 2. THE CHAIR OF THE BOARD OF TRUSTEES SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE. IN THE ABSENCE OF THE CHAIR, THE VICE CHAIR SHALL SERVICE AS CHAIR. 3. THE SECRETARY SHALL SERVE AS SECRETARY OF THE EXECUTIVE COMMITTEE. 4. THE EXECUTIVE COMMITTEE SHALL HAVE POWER AND AUTHORITY BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, TO TRANSACT ANY AND ALL BUSINESS WHICH THE BOARD MAY DIRECT IT TO TRANSACT, OR WHICH MAY BE NECESSARY FOR THE PROPER CONDUCT AND OPERATION OF THE BUSINESS OF THE MANHATTAN RETIREMENT FOUNDATION, INC. DURING SAID INTERIM, EXCEPT THAT DECISIONS INVOLVING $50,000 OR MORE REGARDING ANY NON-EMERGENCY IMPROVEMENT OR REFINANCING SHALL BE RESERVED FOR THE ENTIRE BOARD. 5. A QUORUM FOR TRANSACTIONS OF BUSINESS SHALL BE THREE-FOURTHS OF THE MEMBERS OF THE EXECUTIVE COMMITTEE. 6. MEETINGS OF THE EXECUTIVE COMMITTEE WILL NORMALLY BE CLOSED UNLESS OTHERWISE DESIGNATED BY THE EXECUTIVE COMMITTEE. OPEN MEETINGS MAY BE ATTENDED BY ANY MEMBER(S) OF THE BOARD OF TRUSTEES, BUT HE/SHE MAY NOT VOTE ON COMMITTEE ACTION. ANY TRUSTEE PRESENT WHO IS NOT AN EXECUTIVE COMMITTEE MEMBER SHALL HAVE THE PRIVILEGE OF ENTERING INTO THE DISCUSSION. 7. THE EXECUTIVE COMMITTEE SHALL EVALUATE THE PRESIDENT/CEO ANNUALLY, AND REPORT TO THE BOARD OF TRUSTEES. 8. THE EXECUTIVE COMMITTEE SHALL RECOMMEND NEW MEMBERS FOR THE BOARD OF TRUSTEES AND PRESENT NOMINATIONS FOR CHAIR, VICE CHAIR, SECRETARY, AND TREASURER AT THE MAY MEETING OF THE BOARD OF TRUSTEES. 9. THE EXECUTIVE COMMITTEE SHALL REVIEW THE BY-LAWS AND RECOMMEND APPROPRIATE AMENDMENTS. 10. THE EXECUTIVE COMMITTEE IS RESPONSIBLE TO DEVELOP FISCALLY-RESPONSIBLE POLICIES REGARDING RESIDENCY QUALIFICATIONS. 11. THE EXECUTIVE COMMITTEE SHALL REVIEW AND MAKE RECOMMENDATIONS TO THE BOARD OF TRUSTEES REGARDING THE POLICIES FOR APPROVING INDEPENDENT LIVING RESIDENCY APPLICATIONS FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FILING. A FINAL COPY IS ALSO PROVIDED UPON FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE ASKED TO SIGN A CONFLICT OF INTEREST DISCLOSURE ON AN ANNUAL BASIS. IF A BOARD MEMBER OR EMPLOYEE INVOLVED IN MAKING DECISIONS ON BEHALF OF THE ORGANIZATION IS DETERMINED TO HAVE A CONFLICT, THEY DO NOT PARTICIPATE IN DECISIONS REGARDING BUSINESS TRANSACTIONS WITH THE PARTY IN INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION BY AN INDEPENDENT PARTY WAS FOLLOWED FOR THE CHIEF EXECUTIVE OFFICER. COMPENSATION ADJUSTMENTS ARE DETERMINED BY USE OF AN INDEPENDENT PERSONNEL COMMITTEE, COMPENSATION SURVEY AND APPROVAL BY THE BOARD. THIS PROCESS WAS LAST PERFORMED IN 2023. THE CEO DETERMINES COMPENSATION OF OTHER KEY EMPLOYEES IN THE ORGANIZATION. THE DELIBERATION AND DECISIONS ARE SUBSTANIATED THROUGH EMPLOYEE EVALUATIONS AND EMPLOYEE DATA SHEETS. THIS PROCESS WAS LAST PERFORMED IN MAY OF 2024. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VII, SECTION B, LINE 1 IT IS POSSIBLE THAT A PORTION OF THE AMOUNTS REPORTED FOR BHS CONSTRUCTION, DT CONSTRUCTION, US ENGINEERING, LLC, AND WEDDLE & SONS ROOFING WERE RELATED TO MATERIALS IN ADDITION TO AMOUNTS PAID FOR SERVICES, HOWEVER, THE AMOUNTS ARE NOT DISTINGUISHABLE. FORM 990, PART XI, LINE 9: EQUITY TRANSFER -70,741. FORM 990, PAGE 12, PART XII, LINE 2C - AUDIT COMMITTEE OVERSIGHT PROCESS THIS PROCESS IS CONSISTENT WITH THE PRIOR YEAR. FORM 990, PAGES 7 & 8, PART VII & FORM 990, PAGE 10, PART IX, LINE 5 REPORTED SALARY EXPENSE - THIS FILING ENTITY ISSUES ALL W-2S FOR THE OFFICERS LISTED, BUT A RELATED ENTITY RECORDS AND REPORTS A PORTION OF SALARY EXPENSE OF SOME OFFICERS. MEADOWLARK HILLS FOUNDATION 2121 MEADOWLARK ROAD MANHATTAN KS 66502 481212997 SUPPORT OF MANHATTAN RETIREMENT FOUNDATION KS 501(C)(3) LINE 12A, I MANHATTAN RETIREMENT FOUNDATION INC 1 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 MEADOWLARK HILLS FOUNDATION C 124069 GL MEADOWLARK HILLS FOUNDATION Q 63090 GL MEADOWLARK HILLS FOUNDATION O 124903 GL