2025-11-06T15:04:22-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2024-01-01 461785859 BUCKNER SENIOR LIVING INC BUCK 2147588000 12377 MERIT DRIVE 900 DALLAS TX 75251 JANICE J COTHRAN VICE PRESIDENT & CFO 2147588000 2025-11-05 1 1 LACEY M QUATSOE P01300865 4078021200 2025-10-21 2024 2025-03-06 01:10:19Z X VENTANA BY BUCKNER DR ALBERT REYES 12377 MERIT DRIVE 900 DALLAS TX 75251 40586243 0 X WWW.BUCKNER.ORG X 2012 TX TO FOLLOW THE EXAMPLE OF JESUS BY SERVING SENIORS. 4 4 342 27 0 0 231823 7757285 29077233 31717839 1008179 740942 77097 370177 30394332 40586243 816197 862631 0 0 12189442 13584043 0 0 0 28487214 30736734 41492853 45183408 -11098521 -4597165 197762136 198980273 280345378 286012276 -82583242 -87032003 TO PROVIDE CARE, MAINTENANCE, HOUSING AND RELATED SERVICES TO ALLOW SENIOR ADULTS TO RECEIVE A HIGH QUALITY CONTINUUM OF CARE THROUGHOUT THEIR LATER YEARS IN AN ATMOSPHERE THAT PROMOTES AN ACTIVE, HEALTHY, CHRISTIAN LIFESTYLE WHILE MAINTAINING THEIR INDEPENDENCE AND DIGNITY. 0 0 42398521 862631 31717839 BUCKNER SENIOR LIVING, INC. (BSL OR THE COMMUNITY) ADMITTED ITS FIRST RESIDENT ON AUGUST 19, 2019. 708 RESIDENTS WERE SERVED IN 2024. THE COMMUNITY PROVIDED $862,631 IN SUPPLEMENTAL ASSISTANCE TO RESIDENTS IN 2024. 42398521 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 79 0 1 342 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 4 4 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X JANICE J COTHRAN 2147588000 12377 MERIT DRIVE SUITE 900 DALLAS TX 75251 X IVAN TIM LANCASTER CHAIR 1.00 3.00 X 0 0 0 DR DAVID REYES DIRECTOR 1.00 2.00 X 0 0 0 LISA EADY DIRECTOR 1.00 4.00 X 0 0 0 JAMES WESTBROOKS DIRECTOR 1.00 3.00 X 0 0 0 DR ALBERT REYES PRESIDENT & CEO 3.00 37.00 X 0 578205 190419 BRIAN ROBBINS BRS PRESIDENT (AS OF 12/24) 4.00 36.00 X 0 69615 981 CHARLIE WILSON BRS PRESIDENT (THRU 8/24) 4.00 36.00 X 0 658870 55940 JEFFREY GENTRY SVP/CFO 7/24; EVP/COO AT 8/24 2.00 38.00 X 0 510804 74916 PRISCILLA REIMER SR. VP & GENERAL COUNSEL & SECRETARY 2.00 38.00 X 0 400316 60299 MICHAEL OLMSTEAD BRS VICE PRESIDENT & COO 5.00 35.00 X 0 253782 26303 KEN ROBBINS INTERIM BRS PRESIDENT (9/24-12/24) 4.00 36.00 X 0 0 0 RICHARD MUNOZ ASSISTANT SECRETARY 2.00 38.00 X 0 269150 21771 KAYLA COLEMAN ASSISTANT SECRETARY 2.00 38.00 X 0 229884 29204 CHRISTINA ALLERT ASSISTANT SECRETARY 2.00 38.00 X 0 165554 9574 JOHN FALLDINE SR. EXECUTIVE DIRECTOR 40.00 0.00 X 182106 0 8707 HANNAH CULP HEALTHCARE ADMINISTRATOR 40.00 0.00 X 139586 0 2659 YOLANDA MESSICK DIRECTOR OF NURSING 40.00 0.00 X 123040 0 6678 ANNA KATHRYN DOWNS DIRECTOR OF MARKETING & SALES 40.00 0.00 X 121102 0 3302 NESTOR MOREL DIRECTOR OF MAINTENANCE 40.00 0.00 X 120218 0 6283 686052 3136180 497036 9 0 1 0 BUCKNER RETIREMENT SERVICES INC 12377 MERIT DR SUITE 900 DALLAS TX 75251 MANAGEMENT SERVICES 1987800 THOMAS GROUP HOLDINGS INC 700 E FRANKLIN RD MERIDIAN ID 83642 DIETARY SERVICES 1258474 FUNCTIONAL PATHWAYS OF TENNESSEE 10133 SHERRILL BLVD STE 200 KNOXVILLE TN 37932 PHYSICAL THERAPY 1211558 JORGE BARRERA 4812 VICTOR DALLAS TX 75246 STAFFING SERVICES 907777 LEVLANE ADVERTISING INC 130 N 18TH ST STE 310 PHILADELPHA PA 19103 ADVERTISING 800874 11 7511252 246033 7757285 RESIDENT SERVICES 623000 31717839 31717839 31717839 740942 740942 SETTLEMENT FUNDS 900099 237716 237716 CONCESSIONS 900099 81431 81431 REFUNDS & REBATES 900099 30224 30224 20806 20806 370177 40586243 31717839 0 1111119 862631 862631 11121287 10898861 222426 114403 112115 2288 1511340 1481113 30227 837013 820273 16740 1987800 1987800 3012 3012 7500 7500 4399960 4326747 73213 1229559 1229559 148935 25517 123418 73401 3852 69549 2705029 2665309 39720 54907 44901 10006 4655 4655 9971780 9971780 5689779 5688060 1719 454269 426409 27860 FOOD COST 2229658 2158432 71226 MEDICAL COST 700443 700443 RESIDENT ACTIVITIES 535287 535287 BAD DEBT EXPENSE 199761 199761 340999 247471 93528 45183408 42398521 2784887 0 2276915 1876470 5102474 6506772 966710 871557 47854 49337 105740 156210 202520297 28882658 174448805 173637639 14813638 15882288 197762136 198980273 2495224 2671153 143376097 142630109 19504 134474057 140691510 280345378 286012276 X -82583242 -87052293 20290 -82583242 -87032003 197762136 198980273 X -4597165 232915 -84511 X 0 1 X 1 0 X 136408 1505452 517233 231823 7757285 10148201 10723998 18306737 24636520 29077233 31717839 114462327 10860406 19812189 25153753 29309056 39475124 124610528 347000 37000 7511252 7895252 0 347000 37000 7511252 7895252 116715276 555200 226975 347892 1008179 740942 2879188 555200 226975 347892 1008179 740942 2879188 224588 10784 175801 77097 370177 858447 11640194 20049948 25677446 30394332 40586243 128348163 0.90940 0.96610 0.02240 0.02410 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 224,588. 2021 AMOUNT: $ 10,784. 2022 AMOUNT: $ 175,801. 2023 AMOUNT: $ 77,097. 2024 AMOUNT: $ 370,177. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 5022654 5022654 185852593 24338336 161514257 8742558 4236580 4505978 2902492 307742 2594750 173637639 CAPITALIZED MARKETING COSTS - BSL VENTANA 72136 REVENUE BOND PROCEEDS HELD BY TRUSTEE 12495912 LIMITED-USE ASSETS 3241338 RIGHT OF USE ASSETS 70871 LIQUOR LICENSE 2031 15882288 ENTRANCE FEES 133799166 DEFERRED PAYABLE 5084830 DUE TO RELATED ENTITIES 1699681 LEASE LIABILITY 106048 MISCELLANEOUS LIABILITIES 1785 140691510 X PART IV, LINE 2B: FUTURE VENTANA MEMBERS PAY A DEPOSIT OF 10% OF THE ENTRANCE FEE TO RESERVE AN APARTMENT AT THE COMMUNITY. THE DEPOSITS ARE HELD UNTIL THE OCCUPANCY DATE AND THE REMAINDER OF THE ENTRANCE FEE IS FULFILLED. THE MEMBER'S DEPOSIT IS RESTRICTED BY THE TEXAS DEPARTMENT OF INSURANCE UNTIL THE MEMBER OCCUPIES AN APARTMENT. PART X, LINE 2: BSL IS A SUBSIDIARY OF BUCKNER RETIREMENT SERVICES, INC., WHICH IS A SUBSIDIARY OF BUCKNER INTERNATIONAL. BUCKNER INTERNATIONAL IS AUDITED ON AN ANNUAL BASIS. THE OPERATIONS OF BSL ARE DISCLOSED IN THE SUPPLEMENTAL INFORMATION SECTION OF THE BUCKNER INTERNATIONAL AUDIT REPORT. THE ACCOUNTING STANDARDS CODIFICATION GUIDANCE ACCOUNTING FOR UNCERTAINTIES IN INCOME TAXES REQUIRES THAT BUCKNER RECOGNIZE IN ITS FINANCIAL STATEMENTS THE FINANCIAL EFFECTS OF A TAX POSITION, IF THAT POSITION IS MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY APPEALS OR LITIGATION PROCESSES, BASED UPON THE TECHNICAL MERITS OF THE TAX POSITION. THE REQUIREMENTS ALSO PROVIDE GUIDANCE ON MEASUREMENT, CLASSIFICATION, INTEREST AND PENALTIES AND DISCLOSURE. TAX POSITIONS TAKEN RELATED TO BUCKNER'S TAX-EXEMPT STATUS, UNRELATED BUSINESS ACTIVITIES TAXABLE INCOME, AND DEDUCTIBILITY OF EXPENSES AND OTHER MISCELLANEOUS TAX POSITIONS HAVE BEEN REVIEWED, AND MANAGEMENT IS OF THE OPINION THAT MATERIAL POSITIONS TAKEN WOULD MORE LIKELY THAN NOT BE SUSTAINED BY EXAMINATION. FOR THE YEAR ENDED DECEMBER 31, 2024, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, BUCKNER'S TAX YEARS 2021 AND THEREAFTER REMAIN SUBJECT TO EXAMINATION. 1 RESIDENT RENTAL ASSISTANCE 7 862631 PART I, LINE 2: A COMMITTEE REVIEWS ALL APPLICATIONS FOR RESIDENT ASSISTANCE. COMMITTEE MEMBERS ARE UNAWARE OF THE IDENTITY OF APPLICANTS AND MAKE AWARDS BASED ON NEED AND AVAILABILITY OF FUNDS. ALL RECIPIENTS ARE RESIDENTS OF BSL'S FACILITIES. ASSISTANCE IS FOR MONTHLY RENT AND OTHER EXPENSES INCURRED AT THE FACILITY IN WHICH THE RECIPIENT RESIDES. 0 1 0 1 0 0 0 0 0 DR ALBERT REYES PRESIDENT & CEO 0 465603 0 77589 0 35013 0 111977 0 78442 0 768624 0 0 CHARLIE WILSON BRS PRESIDENT (THRU 8/24) 0 230900 0 39375 0 388595 0 54021 0 1919 0 714810 0 384765 JEFFREY GENTRY SVP/CFO 7/24; EVP/COO AT 8/24 0 457160 0 51000 0 2644 0 71600 0 3316 0 585720 0 0 PRISCILLA REIMER SR. VP & GENERAL COUNSEL & SECRETARY 0 345633 0 43763 0 10920 0 57500 0 2799 0 460615 0 0 RICHARD MUNOZ ASSISTANT SECRETARY 0 248712 0 20000 0 438 0 19602 0 2169 0 290921 0 0 MICHAEL OLMSTEAD BRS VICE PRESIDENT & COO 0 238527 0 14375 0 880 0 23948 0 2355 0 280085 0 0 KAYLA COLEMAN ASSISTANT SECRETARY 0 203362 0 24415 0 2107 0 27028 0 2176 0 259088 0 0 JOHN FALLDINE SR. EXECUTIVE DIRECTOR 163984 0 16750 0 1372 0 7667 0 1040 0 190813 0 0 0 CHRISTINA ALLERT ASSISTANT SECRETARY 0 153641 0 9641 0 2272 0 7999 0 1575 0 175128 0 0 PART I, LINE 3 THE PRESIDENT/CEO OF BSL IS EMPLOYED BY BUCKNER INTERNATIONAL, A RELATED 501(C)(3) ORGANIZATION. BUCKNER INTERNATIONAL USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE PRESIDENT/CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES OF BUCKNER INTERNATIONAL IS RESPONSIBLE FOR EVALUATING THE PERFORMANCE OF AND SETTING THE COMPENSATION FOR THE PRESIDENT/CEO OF BUCKNER INTERNATIONAL ON AN ANNUAL BASIS. THE EVALUATION IS BASED ON PERFORMANCE CRITERIA AND AGREED UPON GOALS AND INCLUDES A WRITTEN SELF-EVALUATION BY THE PRESIDENT/CEO, AS WELL AS INVITED COMMENTS FROM BOARD MEMBERS WHO REVIEW THE SELF-EVALUATION. THE EXECUTIVE COMMITTEE REPORTS ON ITS REVIEW TO THE BOARD, INCLUDING RECOMMENDATIONS REGARDING THE PRESIDENT/CEO'S COMPENSATION, WHICH THE BOARD THEN ACTS UPON. DURING THIS PROCESS, AGREED UPON PERFORMANCE GOALS ARE SET FOR THE NEXT YEAR AND ARE FORMALLY DOCUMENTED. AT LEAST EVERY THREE YEARS, A TASK FORCE MAY BE FORMED TO CONDUCT A CAREFULLY PLANNED COMPREHENSIVE REVIEW, WHICH MAY INCLUDE INVITING FEEDBACK FROM STAFF, PEERS IN BUCKNER INTERNATIONAL'S SECTOR, AND INDIVIDUALS OUTSIDE THE ORGANIZATION WHO HAVE INTERACTED WITH THE PRESIDENT/CEO. PART I, LINE 4B THE 457(F) PLAN IS A DEFERRED COMPENSATION PLAN THAT ALLOWS BUCKNER TO CONTRIBUTE MONEY ON A PRE-TAX BASIS INTO INVESTMENTS THAT PROVIDE KEY EXECUTIVES WITH A RETIREMENT BENEFIT. ALL CONTRIBUTIONS REMAIN AN ASSET OF THE ORGANIZATION UNTIL DISTRIBUTED. DR. ALBERT REYES $73,894 CHARLIE WILSON $35,000 JEFFREY GENTRY $34,000 PRISCILLA REIMER $29,500 MICHAEL OLMSTEAD $11,500 RICHARD MUNOZ $10,173 KAYLA COLEMAN $10,000 PART I, LINE 5 THE ORGANIZATION PAID COMMISSIONS BASED ON OCCUPANCY, UNIT SALES (RESERVATION DEPOSITS AND MOVE-INS), AND ACHIEVEMENT OF PERFORMANCE TARGETS. IT WAS DIRECTLY TIED TO REVENUE-GENERATING ACTIVITIES AND OUTCOMES. A TARRANT CO CULTURAL EDU FACILITIES FINANCE CORP 043833551 87638RJE8 2017-06-08 229698200 SEE PART VI 0 0 0 A 86175000 239137957 18006557 37895770 1147597 8290866 173362717 2019 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: TARRANT CO CULTURAL EDU FACILITIES FINANCE CORP DATE THE REBATE COMPUTATION WAS PERFORMED: 06/08/2022 SCHEDULE K, PART I, LINE A(F) FINANCE THE DEVELOPMENT, MARKETING, CONSTRUCTION, AND EQUIPPING OF A LIFE PLAN CONTINUUM CARE RETIREMENT COMMUNITY LOCATED IN DALLAS, TEXAS. SCHEDULE K, PART II, LINE 3: INCLUDES SALES PROCEEDS OF $229,698,200 PLUS INVESTMENT EARNINGS OF $9,439,757. SCHEDULE K, PART II, COLUMN A COLUMN A, LINE 3 IS $434,450 GREATER THAN LINES 4-12 DUE TO INVESTMENT EARNINGS ON BOND PROCEEDS THAT HAVE NOT BEEN SPENT. FORM 990, PART VI, SECTION A, LINE 3 BUCKNER RETIREMENT SERVICES, INC IS THE PARENT COMPANY AND ALLOCATES A PERCENTAGE OF SHARED MANAGEMENT SERVICES TO ITS RELATED ORGANIZATIONS. THE FILING ORGANIZATION PAID $1,987,800 DURING 2024. FORM 990, PART VI, SECTION A, LINE 6 BUCKNER RETIREMENT SERVICES, INC. IS THE SOLE MEMBER OF BSL. FORM 990, PART VI, SECTION A, LINE 7A BUCKNER RETIREMENT SERVICES, INC. ELECTS THE DIRECTORS OF BSL. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF BSL ARE SUBJECT TO APPROVAL BY ITS SOLE MEMBER, BUCKNER RETIREMENT SERVICES, INC., INCLUDING ALTERING, AMENDING OR REPEALING, OR ADOPTING NEW BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO THE BUCKNER INTERNATIONAL FINANCE COMMITTEE AND THE FULL BOARD FOR REVIEW PRIOR TO FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE REQUIRED TO SUBMIT A STATEMENT OF DISCLOSURE UPON APPOINTMENT TO THE BOARD AND THEREAFTER ANNUALLY. THE PURPOSE OF THIS STATEMENT IS TO PROVIDE A MECHANISM FOR THE DISCLOSURE OF ANY ACTUAL OR POTENTIAL CONFLICTS(S) OF INTEREST. ANY ACTUAL OR POTENTIAL CONFLICTS THAT ARISE BETWEEN ANNUAL STATEMENT SUBMISSIONS ARE REQUIRED TO BE COMMUNICATED AS SOON AS POSSIBLE IN WRITING TO THE GENERAL COUNSEL. THE CONFLICT OF INTEREST POLICY (COI) IS EXPLAINED AT THE TIME OF ISSUANCE FOR SIGNATURE. THE COI DEFINES DISQUALIFIED PERSONS AND POTENTIAL CONFLICTS. ANY CONFLICTS THAT ARISE ARE REVIEWED BY THE BOARD OUTSIDE OF THE PRESENCE OF THE INDIVIDUAL(S) INVOLVED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION DECISIONS FOR THE EXECUTIVE JOB(S) ARE BASED ON RELEVANT COMPENSATION SURVEY DATA, EVIDENCED JOBHOLDER PERFORMANCE AND AVAILABLE RESOURCES. THE SENIOR VICE PRESIDENT OF BUCKNER RETIREMENT SERVICES IS RESPONSIBLE FOR SETTING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. A FORMAL EVALUATION OF THE JOB PERFORMANCE IS PREPARED AND MAINTAINED IN THE EXECUTIVE DIRECTOR'S PERSONNEL FILE IN HUMAN RESOURCES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY REQUEST. THEY MAY BE REVIEWED AT THE CORPORATE OFFICE IN DALLAS OR MAY BE SENT BY MAIL. FORM 990, PART VII, SECTION A, LINE 1A: AVERAGE HOURS AND REPORTABLE COMPENSATION OFFICER COMPENSATION REFLECTS TOTAL COMPENSATION PAID BY BUCKNER INTERNATIONAL (BI), THE ORGANIZATION'S PARENT COMPANY, AND BUCKNER RETIREMENT SERVICES, A RELATED ORGANIZATION. COMPENSATION DOES NOT REFLECT PAYMENT FOR SERVICES AS OFFICERS. AVERAGE HOURS PER WEEK ARE AN ESTIMATE OF THE HOURS SPENT IN THE CAPACITY OF OFFICER FOR THE ORGANIZATION AND RELATED ORGANIZATIONS. BI ADMINISTRATIVE EXPENSE, INCLUDING COMPENSATION AND BENEFITS, IS ALLOCATED TO RELATED ORGANIZATIONS BASED ON A PERCENTAGE CALCULATION. ADMINISTRATIVE EXPENSE ALLOCATED TO THE ORGANIZATION IS REPORTED ON PART IX. FORM 990, PART XI, LINE 9: NET TRANSFERS TO RELATED ENTITIES -84,511. SPV CONCESSIONS LLC 12377 MERIT DR STE 900 DALLAS TX 75251 461785859 CONCESSION SALES TX 98314 31039 BUCKNER SENIOR LIVING INC BUCKNER INTERNATIONAL 12377 MERIT DR STE 900 DALLAS TX 75251 750891443 MANAGEMENT/ADMIN TX 501(C)(3) LINE 12C, III-FI N/A 0 RIO GRANDE CHILDREN'S HOME FOUNDATION 12377 MERIT DR STE 900 DALLAS TX 75251 742552150 MANAGEMENT/ADMIN TX 501(C)(3) LINE 12B, II BCFS 0 BUCKNER FOUNDATION 12377 MERIT DR STE 900 DALLAS TX 75251 752125945 MANAGEMENT/ADMIN TX 501(C)(3) LINE 12A, I BI 0 RIO GRANDE CHILDREN'S HOME 12377 MERIT DR STE 900 DALLAS TX 75251 741492806 SOCIAL SERVICES TX 501(C)(3) LINE 7 BCFS 0 BUCKNER CHILDREN & FAMILY SERVICES INC 12377 MERIT DR STE 900 DALLAS TX 75251 752571395 SOCIAL SERVICES TX 501(C)(3) LINE 7 BI 0 BUCKNER RETIREMENT SERVICES INC 12377 MERIT DR STE 900 DALLAS TX 75251 752571394 SOCIAL SERVICES TX 501(C)(3) LINE 10 BI 0 BAPTIST MEMORIALS MINISTRIES 902 N MAIN ST SAN ANGELO TX 76902 752755400 SOCIAL SERVICES TX 501(C)(3) LINE 10 BRS 0 BUCKNER FHC - BACHMAN LAKE 12377 MERIT DR STE 900 DALLAS TX 75251 832166056 SOCIAL SERVICES TX 501(C)(3) LINE 12A, I BCFS 0 TARRANT COUNTY SENIOR LIVING CENTER INC 12377 MERIT DR STE 900 DALLAS TX 75251 208068602 SOCIAL SERVICES TX 501(C)(3) LINE 10 BRS 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0