2025-11-13T15:14:41+00:00 2024-12-31 440160260 Forvis Mazars LLP 255 South Orange Avenue Suite 600 Orlando FL 32801 990 2024-01-01 863038399 INDIANAPOLIS SR CARE LLC INDI 4042761337 4062 PEACHTREE ROAD NE A501 BROOKHAVEN GA 30319 MAURICE M ROSENBAUM DIRECTOR 4042761337 2025-11-13 true true Peter Gubler P00190185 4077405400 2025-11-10 2024 2025-03-06 01:10:19Z ROBIN RUN VILLAGE MAURICE M ROSENBAUM 4062 PEACHTREE ROAD NE A501 BROOKHAVEN GA 30319 18975215 false X WWW.ROBINRUNSENIORLIVING.COM X 2021 DE OPERATING THE ROBIN RUN VILLAGE SENIOR LIVING COMMUNITY LOCATED AT 5354 WEST 62ND STREET, INDIANAPOLIS, INDIANA 46268 (THE COMMUNITY) WHICH PROVIDES PERSONS 55 AND OLDER WITH A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE. THE COMMUNITY HAS 228 GARDEN HOMES AND 186 APARTMENTS DESIGNED SPECIFICALLY FOR OLDER ADULTS, AN 84-BED LICENSED SKILLED NURSING FACILITY, AND A 68 UNIT ASSISTED LIVING AND MEMORY CARE FACILITY. 4 1 374 0 0 1349323 19966 21446648 18954689 73 560 0 22796044 18975215 0 0 11598626 9036887 0 0 12183819 13750280 23782445 22787167 -986401 -3811952 6028705 11904598 36142061 48028548 -30113356 -36123950 INDIANAPOLIS SENIOR CARE, LLC (DBA ROBIN RUN VILLAGE) OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING FACILITIES. ROBIN RUN VILLAGE PROVIDES ACTIVITIES AND PROGRAMS THAT PROMOTE THE PHYSICAL HEALTH, EMOTIONAL HEALTH, BEHAVIORAL HEALTH, WELLNESS, AND SOCIAL WELL-BEING OF THE INDIVIDUALS, FAMILIES, COMMUNITIES, AND POPULATIONS SERVED. false false 19894556 18954689 ROBIN RUN VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY CONSISTING OF 186 INDEPENDENT LIVING APARTMENT UNITS, 146 INDEPENDENT LIVING GARDEN HOMES, 94 LICENSED ASSISTED LIVING AND MEMORY CARE BEDS (CURRENTLY OPERATING IN 70 UNITS), AN 84-BED LICENSED SKILLED NURSING FACILITY THAT IS CURRENTLY OPERATING AS A 54-BED FACILITY. THERE ARE ADDITIONAL 82 GARDEN HOMES ON THE CAMPUS OWNED OUTRIGHT BY THE RESIDENTS. THE GARDEN HOME RESIDENT HOMEOWNERS PAY MONTHLY FEES FOR LIMITED SERVICES AND HAVE ELIGIBILITY FOR PREFERENTIAL ADMITTANCE TO THE SKILLED NURSING FACILITY. UNDER THE CONTINUING CARE CONCEPT, RESIDENTS ENTER INTO AN OCCUPANCY AGREEMENT, WHICH REQUIRES PAYMENT OF A ONE-TIME ENTRANCE FEE AND A MONTHLY SERVICE FEE. THESE PAYMENTS ENTITLE RESIDENTS TO THE USE AND PRIVILEGES OF THE COMMUNITY FOR LIFE, INCLUDING CERTAIN DISCOUNTED PRICING FOR ASSISTED LIVING OR SKILLED NURSING SERVICES THE OCCUPANCY AGREEMENT DOES NOT ENTITLE THE RESIDENTS TO AN INTEREST IN THE REAL ESTATE OR ANY PROPERTY OF THE RETIREMENT COMMUNITY. 19894556 true false false false false false false false true false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false false true false false false false true 0 0 374 true false false false false false false false false false false false false X 4 1 false true false false true true false true true false false false true true true true true true true true false false IN X OAKDALE SENIORS ALLIANCE 4238837920 118 LEE PARKWAY DRIVE SUITE 160 CHATTANOOGA TN 37421 AMELIA WALLER BAKER JD SECRETARY 1.0 8.0 X X 0 0 0 MAURICE ROSENBAUM CHAIRMAN 2.0 38.0 X X 0 0 0 FRANK CORRIGAN DIRECTOR 1.0 8.0 X 0 0 0 SIMRAN SINGH DIRECTOR 1.0 6.0 X 0 0 0 TAMRA BLEDSOE EXECUTIVE DIRECTOR 40.0 0 X 163994 0 10908 JOSHUA MENDOZA REGISTERED NURSE 40.0 0 X 107985 0 3315 271979 0 14223 2 false true false 0 19966 19966 INDEPENDENT LIVING FEES 623000 8505130 8505130 HEALTH CARE SERVICE FEES 623000 6384821 6384821 EARNED ENTRANCE FEES 623000 1710042 1710042 ASSISTED LIVING FEES 623000 1251108 1251108 MEMORY CENTER FEES 623000 539907 539907 563681 563681 0 0 18954689 560 560 0 0 0 0 0 0 0 0 0 18975215 18954689 0 560 174902 174902 7421197 6836489 584708 21881 19693 2188 827741 744967 82774 591166 532049 59117 1134673 1134673 3954 3954 35406 35406 2199145 2199145 0 0 67418 56688 10730 9062 7619 1443 164905 138659 26246 6719169 6047252 671917 20075 16880 3195 625 526 99 500456 450410 50046 113720 95620 18100 361653 325488 36165 MEDICAL SUPPLIES AND EQUIPMENT 1213327 1213327 DIETARY SUPPLIES 978572 978572 PATIENT SERVICES 128409 107971 20438 EQUIPMENT RENTAL AND SMALL EQUIPMENT 54789 46069 8720 44922 37772 7150 0 22787167 19894556 2892611 0 0 623038 2281528 2233766 0 0 0 0 79370 0 25979 25979 109144 26883 736214 315713 534221 420501 0 0 2998463 8574431 6028705 11904598 3892109 7498567 6894529 6395897 5022 5022 0 0 5000000 5750000 3271533 3856471 17078868 24522591 36142061 48028548 X -30113356 -36123950 -30113356 -36123950 6028705 11904598 -3811952 -2198642 0 X false true true false X 1349323 19966 1369289 9853323 16745971 21446648 18954689 67000631 2505515 2505515 0 0 0 9853323 19251486 22795971 18974655 70875435 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70875435 1003 142 73 560 1778 0 0 1003 142 73 560 1778 0 0 0 0 0 0 0 0 9854326 19251628 22796044 18975215 70877213 X 0 0 0 0 false true X 661618 267720 393898 74596 47993 26603 420501 DEPOSITS 440000 RIGHT-OF-USE LEASE ASSET 6775216 OTHER ASSETS 47370 DUE FROM LANDLORD 1311845 8574431 Federal Income Taxes REFUNDABLE ENTRANCE FEES 15396159 RIGHT-OF-USE LEASE OBLIGATION 6840595 BANK OVERDRAFT DUE FROM AFFILIATES 1471551 DUE TO PRIOR OWNER 814286 24522591 X 18975215 0 0 18975215 0 0 18975215 22787167 0 0 22787167 0 0 22787167 Schedule D, Part IV, Line 2b Explanation of escrow agreement THE ORGANIZATION IS A TRUSTEE FOR RESIDENT FUNDS WHICH ARE EXPENDED ON BEHALF OF RESIDENTS. THE AMOUNT OF RESIDENT FUNDS HELD AT DECEMBER 31, 2024 HAS BEEN REPORTED ON PART X, LINE 21. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION (ROBIN RUN) IS ORGANIZED AS A SINGLE MEMBER LLC IN WHICH BONCREST RESOURCE GROUP, INC, AN ENTITY THAT IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE IS THE SOLE MEMBER AND IS CONSIDERED A "DISREGARDED ENTITY" UNDER THE INTERNAL REVENUE CODE. THE ORGANIZATION SEPARATELY RECEIVED A SECTION 501(C)(3) TAX EXEMPT DETERMINATION LETTER ON FEBRUARY 3, 2023. THE ACTIVITY OF ROBIN RUN IS REPORTED ON A CONSOLIDATED BASIS BY THE PARENT WHICH HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME EARNED IN FURTHERANCE OF ROBIN RUN'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS A RESULT, THESE FINANCIAL STATEMENTS INCLUDE NO PROVISION OR LIABILITY FOR INCOME TAXES. X false false false false false false false false false TAMRA BLEDSOE EXECUTIVE DIRECTOR 163994 0 0 0 0 0 0 0 10908 0 174902 0 0 0 Form 990, Part VI, Line 1a Delegate broad authority to a committee THE MANAGER HAS THE AUTHORITY TO ACT FOR THE BOARD OF DIRECTORS BETWEEN REGULAR MEETINGS OF THE BOARD. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION ENTERED INTO A MANAGEMENT AGREEMENT WITH AN INDEPENDENT MANAGEMENT COMPANY. TOTAL MANAGEMENT FEES WERE APPROXIMATELY $788,000 AND $1,302,000 FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, RESPECTIVELY. Form 990, Part VI, Line 6 Classes of members or stockholders BONCREST RESOURCE GROUP, INC, AN ENTITY THAT IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE IS THE SOLE MEMBER OF INDIANAPOLIS SENIOR CARE, LLC. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BUSINESS AFFAIRS OF THE COMPANY SHALL BE MANAGED BY THE GOVERNING BOARD APPOINTED BY THE ORGANZIATION'S SOLE MEMBER BONCREST. THE GOVERNING BOARD SHALL HAVE FULL AND COMPLETE AUTHORITY, POWER, AND DISCRETION TO MANAGE AND CONTROL THE BUSINESS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE ORGANIZATION'S CHIEF EXECUTIVE OFFICER AND GENERAL COUNSEL MATERIALLY ENGAGES WITH THE ORGANIZATION'S CERTIFIED PUBLIC ACCOUNTANTS IN RESPONDING TO ALL ITEMS COVERED IN THE FORM 990. WHEN ALL OF THE INFORMATION IS COMPILED INTO THE FORM 990 IT IS PRESENTED TO THE ENTIRE GOVERNING BOARD FOR REVIEW AND APPROVAL BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy ANNUALLY EACH BOARD MEMBER IS GIVEN THE CONFLICT OF INTEREST POLICY AND THE CEO EXPLAINS THE POLICY IN DETAIL PRIOR TO THE BOARD MEMBER'S SIGNATURE. ALL VENDORS RECEIVE AND MUST SIGN A FORM DISCLOSING ANY RELATED PARTIES INVOLVED PRIOR TO DOING BUSINESS WITH THE ORGANIZATION. ANYONE WITH A CONFLICT OF INTEREST IS PROHIBITED FROM VOTING ON MATTERS RELATED TO THE CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD WILL OVERSEE AN ANNUAL REVIEW OF EXECUTIVE PERFORMANCE BASED ON A REPORT FROM EACH EXECUTIVE REGARDING THE EXECUTIVE'S PROGRESS AGAINST GOALS. AS A PART OF THE REVIEW PROCESS, THE EXECUTIVE AND THE BOARD DISCUSS AND FORMALIZE GOALS FOR PERFORMANCE FOR THE NEXT YEAR. THESE GOALS ARE ROOTED IN ORGANIZATIONAL PERFORMANCE AGAINST STRATEGIC GOALS, AS WELL AS THE OVERALL LEADERSHIP OF THE EXECUTIVE. THE BONCREST RESOURCE GROUP COMPENSATION COMMITTEE WILL ANNUALLY REVIEW EACH EXECUTIVE COMPENSATION ARRANGEMENT BASED ON COMPARABLE SALARY AND BENEFITS DATA, SUCH AS DATA AVAILABLE FROM SALARY AND BENEFIT SURVEYS, WRITTEN JOB OFFERS FOR POSITIONS AT SIMILAR ORGANIZATIONS, AND REVIEWING INFORMATION OBTAINED FROM IRS FORM 990 FILINGS OF SIMILAR ORGANIZATIONS IN AN EFFORT TO LEARN WHAT NONPROFIT EMPLOYERS WITH SIMILAR MISSIONS OF A SIMILAR BUDGET SIZE THAT ARE LOCATED IN THE SAME OR SIMILAR GEOGRAPHIC REGION PAY THEIR EXECUTIVE OFFICERS AND LEADERS. BASED ON THE REVIEW THE COMPENSATION COMMITTEE WILL MAKE A RECOMMENDATION TO THE FULL BOARD FOR COMPENSATION INCLUDING SALARY AND BENEFITS FOR ALL BONCREST RESOURCE GROUP EXECUTIVE OFFICERS. THE COMPENSATION COMMITTEE SHALL MAINTAIN MINUTES OF THE MEETINGS AND DELIBERATIONS AND THE PROCESS USED TO CONDUCT THE REVIEW. BASED ON THE COMPENSATION COMMITTEE'S RECOMMENDATION, THE FULL BOARD OF DIRECTORS SHALL DELIBERATE AND APPROVE EACH EXECUTIVE COMPENSATION ARRANGEMENT, SUBJECT TO RECUSALS FOR EXECUTIVES WITH CONFLICTS OF INTEREST DURING ALL DELIBERATIONS REGARDING THE COMPENSATION ARRANGEMENTS, AND THE PROCESS FOR SUCH APPROVAL SHALL BE DOCUMENTED IN THE BOARD MEETING MINUTES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD. THE COMPENSATION COMMITTEE'S RESPONSIBILITIES SHALL INCLUDE (A) TO ESTABLISH THE COMPENSATION OF THE CEO OF THE ORGANIZATION; (B) REVIEW THE COMPENSATION OF THE CEO UTILIZING COMPARABILITY DATA AND ESTABLISH MERIT INCREASES, IF ANY, IN SALARY, INCENTIVE BONUS, ETC.; AND (C) APPROVE A WRITTEN EMPLOYMENT CONTRACT WITH THE CEO AND ANY CONTRACT REVISIONS. Form 990, Part VI, Line 19 Required documents available to the public ALL DOCUMENTS ARE AVAILABLE FROM THE MANAGING MEMBER. UPON REQUEST, COPIES ARE SHOWN, MAILED, FAXED OR EMAILED TO THE INQUIRER. Form 990, Part VIII, Line 2f Other Program Service Revenue OTHER PROGRAM SERVICE REVENUE - Total Revenue: 563681, Related or Exempt Function Revenue: 563681, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 8 PRIOR PERIOD ADJUSTMENT During the year ended December 31, 2024, the Company identified certain errors in previously issued financial statements for the year ended December 31, 2023, related to the accounting treatment of Refundable Entrance Fees for residents. The liability had previously been understated, resulting in an overstatement of beginning retained earnings. The error was due to misclassification of certain entrance fees that should have been recorded as refundable under the terms of resident agreements. Form 990, Part XII, Line 2c THE BOARD IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. RAYMORE SENIOR CARE LLC DBA FOXWOOD SPRINGS 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 863022330 SENIOR LIVING FACILITY DE 501(c)(3) 10 BONCREST RESOURCE GROUP INC false BONCREST RESOURCE GROUP INC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 815401208 SENIOR LIVING OPERATOR GA 501(c)(3) 10 NA false ALLEN SENIOR CARE LLC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 882696909 SENIOR LIVING FACILITY DE 501(c)(3) 10 BONCREST RESOURCE GROUP INC false FORT WORTH SENIOR CARE LLC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 882625724 SENIOR LIVING FACILITY DE 501(c)(3) 10 BONCREST RESOURCE GROUP INC false MESQUITE SENIOR CARE LLC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 882719886 SENIOR LIVING FACILITY DE 501(c)(3) 10 BONCREST RESOURCE GROUP INC false BONCREST BRIDGE CITY INC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 934561866 SENIOR LIVING FACILITY DE 501(c)(3) 10 BONCREST RESOURCE GROUP INC false BONCREST FOUNDATION INC 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 932948585 PROVIDING SUPPORT TO BONCREST RESOURCE GROUP AND AFFILIATES GA 501(c)(3) 7 BONCREST RESOURCE GROUP INC false ASBURY FOUNDATION 4062 PEACHTREE RD NE SUITE A501 BROOKHAVEN GA 30319 251555688 PROVIDING SUPPORT TO BONCREST RESOURCE GROUP AND AFFILIATES PA 501(c)(3) 10 BONCREST FOUNDATION INC true false false false true true false false false false false false false true true true false false false false