2025-11-13T13:38:15-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2024-01-01 710546308 BUTTERFIELD TRAIL VILLAGE INC BUTT 4794427220 1923 EAST JOYCE BLVD FAYETTEVILLE AR 72703 KIM MOORE CFO 4794427220 2025-11-13 1 0 ERIKA MARTINEZ P02297196 6182331200 2025-11-13 2024 2025-03-06 01:10:19Z KIM MOORE 1923 EAST JOYCE BLVD FAYETTEVILLE AR 72703 48081714 0 X HTTPS://BUTTERFIELDTRAILVILLAGE.ORG X 1981 AR RETIREMENT COMMUNITY PROVIDING LIFE CARE VIA INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING CARE FOR RESIDENTS. 13 13 335 75 0 0 471994 141426 19964860 21352890 835644 1009346 305866 398318 21578364 22901980 0 0 0 0 9827866 10603163 0 0 0 10885181 11560725 20713047 22163888 865317 738092 73507955 75614308 53088844 54255177 20419111 21359131 TO PROVIDE CONTRACTUAL SERVICES, AMENITIES AND ACCOMODATIONS IN AN ENVIRONMENTALLY PLEASING AND SECURE ENVIRONMENT, TO PROMOTE PRIVACY AND A SENSE OF COMMUNITY, AND TO OFFER OPPORTUNITIES FOR PERSONAL GROWTH AND WELL-BEING. 0 0 18552642 0 20867509 BUTTERFIELD IS PROUD TO PROVIDE RESIDENTS WITH HEALTHCARE SERVICES ACROSS THE ENTIRE SPECTRUM. FROM INDEPENDENT LIVING, TO OCCASIONAL ASSISTANCE, FULLY ASSISTED LIVING, SPECIALIZED CARE AND SKILLED NURSING, YOU CAN BE CONFIDENT THAT BTV'S SERVICES ENCOMPASS ON ALL POINTS ALONG THE CONTINUUM.PROVIDES RESIDENTS (62 & OLDER) WITH A LIFETIME RESIDENCE AND SERVICES IN AN AVAILABLE LIVING UNIT OF THE RESIDENT'S CHOICE, ASSISTED LIVING AND/OR NURSING CARE AS REQUIRED UPON ADMITTANCE TO THE HEALTH CARE CENTER FOR THE DURATION OF THE RESIDENT'S LIFE - 277 INDEPENDENT LIVING UNITS - 87 NURSING BEDS 431537 0 485381 THE ASSISTED LIVING COTTAGE COMPRISES 12 INDIVIDUAL APARTMENTS AND THREE TWO-BEDROOM SUITES. IT'S AN IDEAL INTERMEDIATE OPTION FOR RESIDENTS WHO MAY WANT OR NEED MORE ASSISTANCE WITH DAILY LIFE ACTIVITIES, LIKE COOKING MEALS, HOUSEKEEPING OR REMEMBERING TO TAKE THEIR MEDICATION. THE ASSISTED LIVING UNITS ARE LICENSED FOR UP TO 15 RESIDENTS. 18984179 1 1 0 0 0 0 0 0 0 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 0 0 1 0 0 0 0 1 1 1 0 0 1 76 0 335 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X KIM MOORE 4796958070 1923 EAST JOYCE BLVD FAYETTEVILLE AR 72703 KIM CHAPMAN SECRETARY 2.00 0.00 X X 0 0 0 DAVID WILLIAMS DIRECTOR 2.00 0.00 X 0 0 0 MARK MCNAIR DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL HOLLOMAN DIRECTOR 2.00 0.00 X 0 0 0 BETH VAUGHAN-WROBEL DIRECTOR 2.00 0.00 X 0 0 0 LANCE BREWER DIRECTOR (TERM END) 2.00 0.00 X 0 0 0 WILL CLARK VICE PRESIDENT 2.00 0.00 X X 0 0 0 BILL MITCHELL DIRECTOR 2.00 0.00 X 0 0 0 CHUCK NICKLE PRESIDENT 5.00 0.00 X X 0 0 0 WULF POLONIUS DIRECTOR (TERM END) 2.00 0.00 X 0 0 0 CHUCK CULVER DIRECTOR 2.00 0.00 X 0 0 0 LEROY DUELL TREASURER 2.00 0.00 X X 0 0 0 TOM OLMSTEAD DIRECTOR 2.00 0.00 X 0 0 0 TIM STULTS DIRECTOR 2.00 0.00 X 0 0 0 NINA SIMMONS DIRECTOR 2.00 0.00 X 0 0 0 KEVIN SPEARS CEO 40.00 1.00 X 172635 0 7866 KIM MOORE CFO 40.00 1.00 X 151856 0 8076 JOE PERME DIRECTOR OF FACILITY SERVICES 40.00 1.00 X 151928 0 24456 KELLY SYER DIRECTOR OF MARKETING 40.00 1.00 X 124587 0 19186 MICHAEL WRIGHT DIRECTOR OF HEALTH SERVICES 40.00 1.00 X 121447 0 371 722453 0 59955 5 0 1 0 RFIP INC 1131 E BRITTON RD OKLAHOMA CITY OK 73131 NETWORK SERVICES, INSTALLATION OF EQUIPM 1171207 MOLER KENNY 8192 S LAKESHORE DRIVE ROGERS AR 72756 REMODELING 1160376 TDH CUSTOM HOMES INC PO BOX 88 HIWASSE AR 72739 VH CONSTRUCTION 551671 CARL HOLLEY PLUMBING INC PO BOX 1151 SILOAM SPRINGS AR 72761 RENOVATIONS & PLUMBING 367370 ARK MAINTENANCE PROS LLC PO BOX 112 NOEL MO 64854 HVAC & GUTTER REPAIR 343975 14 30000 111426 111426 141426 RESIDENT REVENUE 623000 16075392 16075392 AMORT, DEFERRED ENTRANCE FEES 623000 4792117 4792117 ASSISTED LIVING 623000 485381 485381 21352890 985738 985738 24877144 24853536 23608 23608 23608 193721 326198 -132477 -132477 MEALS 623000 260816 260816 CABLE 623000 157677 157677 CARPORTS 623000 29133 29133 83169 83169 530795 22901980 21352890 0 1407664 340434 170217 170217 8929292 7250825 1678467 109888 94973 14915 508256 439269 68987 715293 574875 140418 6745 6745 843802 707643 136159 163450 163450 1369282 1222777 146505 155626 120149 35477 1695518 1602267 93251 87970 87970 26139 26139 278944 263602 15342 3927829 3711804 216025 889959 841013 48946 DIETARY/ FOOD 1590713 1478425 112288 QUALITY ASSURANCE FEE 304884 304884 ACTIVITIES 172572 160390 12182 DUES, LICENSE & SUBSCRI 19794 15055 4739 27498 26011 1487 22163888 18984179 3179709 0 26880 2900 3572845 827146 458078 376174 156500 0 109376 133971 239253 188837 93921050 45696058 45929102 48224992 22140690 24830374 817541 887804 57690 33839 0 108271 73507955 75614308 1885637 2245184 37890847 40536530 9299249 8088280 4013111 3385183 53088844 54255177 X 20419111 21359131 20419111 21359131 73507955 75614308 X 738092 131665 70263 X X 0 1 X 1 0 X 675609 241112 182024 471994 141426 1712165 19522485 18842733 18677628 19964860 21352890 98360596 180214 572073 608902 613271 692268 2666728 20378308 19655918 19468554 21050125 22186584 102739489 130544 194558 281596 185474 160687 952859 0 130544 194558 281596 185474 160687 952859 101786630 218955 41347 302742 839861 985738 2388643 218955 41347 302742 839861 985738 2388643 1496600 3508265 39176 25494 32248 5101783 22093863 23205530 19810472 21915480 23204570 110229915 0.92340 0.92230 0.02170 0.01800 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MEAL INCOME - 2020 AMOUNT: $ 143,405. BEAUTY SHOP - 2020 AMOUNT: $ 2,323. LAUNDRY - 2020 AMOUNT: $ 15,972. OTHER - 2020 AMOUNT: $ 9,286. 2021 AMOUNT: $ 104,691. 2022 AMOUNT: $ 17,176. 2023 AMOUNT: $ 15,494. 2024 AMOUNT: $ 14,748. CABLE - 2020 AMOUNT: $ 139,482. CARPORTS - 2020 AMOUNT: $ 24,776. INSURANCE PROCEEDS - 2020 AMOUNT: $ 1,147,864. 2021 AMOUNT: $ 3,390,574. TRANSPORTATION - 2020 AMOUNT: $ 584. HOUSEKEEPING - 2020 AMOUNT: $ 510. SALON/SPA - 2020 AMOUNT: $ 398. WAIT LIST CANCELLATIONS - 2020 AMOUNT: $ 12,000. 2021 AMOUNT: $ 13,000. 2022 AMOUNT: $ 22,000. 2023 AMOUNT: $ 10,000. 2024 AMOUNT: $ 17,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 720088 720088 79506423 40111991 39394432 3846078 1743865 2102213 8091394 3840202 4251192 1757067 1757067 48224992 RESIDENTIAL DEPOSITS 855000 REFUNDABLE ENTRANCE FEES 2462875 OTHER LIABILITY 67308 3385183 X 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 TAX OR OTHER TAX EXCEPT FOR THOSE THAT ARE ALREADY REPORTED ANNUALLY. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 KEVIN SPEARS CEO 157385 0 15250 0 0 0 212 0 7654 0 180501 0 0 0 JOE PERME DIRECTOR OF FACILITY SERVICES 140556 0 11372 0 0 0 5622 0 18834 0 176384 0 0 0 KIM MOORE CFO 140078 0 11372 0 406 0 5603 0 2473 0 159932 0 0 0 PART I, LINE 1A RENT WAS PART OF THE RELOCATION PACKAGE FOR CEO HIRED 03/29/24. PART I, LINE 1B THE PAYMENTS FOR RENT WERE MADE VIA ACCOUNTS PAYABLE BY CHECK TO CEO. A THE FAYETTEVILLE PUBLIC FACILITES BOARD 521369283 2016-04-12 17320000 REFINANCING SERIES 2010 BONDS DATED DECEMBER 28, 2010 0 0 0 A 9205000 17320000 128770 3604932 13586298 2017 1 0 1 1 A 0 1 0 0 0.00210 0.00000 0.00210 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE FAYETTEVILLE PUBLIC FACILITES BOARD DATE THE REBATE COMPUTATION WAS PERFORMED: 06/22/2022 X 20 111426 INVOICED AMOUNT 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE WAS FORMED TO OVERSEE OPERATIONS OF THE BOARD OF DIRECTORS, TO ACT ON BEHALF OF THE BOARD BETWEEN MEETINGS OF THE FULL BOARD AND REPORT ACTIONS TO THE BOARD OF DIRECTORS OF THE ORGANIZATION. THE COMMITTEE IS COMPRISED OF THE PRESIDENT, WHO IS CHAIRPERSON OF THE COMMITTEE, AND THE OTHER ELECTED OFFICERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS. MEMBERS SHALL BE APPOINTED BY THE GOVERNING BODIES OF THE FOLLOWING NAMED CHURCHES THAT ARE ALL LOCATED IN FAYETTEVILLE, ARKANSAS: FIRST UNITED PRESBYTERIAN CHURCH, FIRST CHRISTIAN CHURCH, CENTRAL UNITED METHODIST CHURCH, ST. PAUL'S EPISCOPAL CHURCH AND FIRST BAPTIST CHURCH. EACH CHURCH SHALL APPOINT FIVE CORPORATE MEMBERS. EACH CHURCH MAY APPOINT UP TO FIVE ALTERNATE CORPORATE MEMBERS TO SUBSTITUTE AS NEEDED FOR ANY OF ITS CORPORATE MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION IS A RETIREMENT COMMUNITY, ASSISTED LIVING COMMUNITY, AND NURSING FACILITY ORGANIZED BY FIVE AREA CHURCHES. EACH CHURCH APPOINTS FIVE MEMBERS (FOR A TOTAL OF 25) TO SERVE AS CORPORATE MEMBERS. THE CORPORATE MEMBERS ARE RESPONSIBLE FOR THE ELECTION OF NEW BOARD OF DIRECTOR MEMBERS AS THEIR TERMS EXPIRE. DECISIONS MADE BY THE BOARD OF DIRECTORS ARE NOT SUBJECT TO APPROVAL BY THE CORPORATE (CHURCH) MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE GIVEN TO THE FINANCE COMMITTEE TO REVIEW IN DETAIL AND THE BOARD OF DIRECTORS ACCEPTS THIS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND CEO DISCLOSE BUSINESS RELATIONSHIPS ANNUALLY, AND THE BOARD AND MANAGEMENT WATCH FOR TRANSACTIONS DEALING WITH THOSE COMPANIES. THIS PROCESS IS A CONTINUAL SELF-MONITORING ONE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED BY THE BOARD OF DIRECTORS UPON REVIEW OF PERFORMANCE AND BASED ON COMPARATIVE SALARIES WITHIN THE REGIONAL CCRC MARKET AND IS DOCUMENTED IN THE BOARD MINUTES. THE CEO WORKS WITH THE CFO AND HR DIRECTOR TO DETERMINE COMPENSATION FOR THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES AFTER REVIEWING SALARY SURVEY RESULTS PROVIDED BY AN OUTSIDE FIRM. THIS PROCESS WAS LAST UNDERTAKEN IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE MAIN OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9: INTEREST IN BTV FOUNDATION 70,263. FORM 990, PAGE 12, PART XII, LINE 2C NO CURRENT YEAR CHANGES TO THE ORGANIZATION'S OVERSIGHT OF THE AUDIT OR SELECTION PROCESS OF INDEPENDENT ACCOUNTANT. BUTTERFIELD TRAIL VILLAGE FOUNDATION 1923 EAST JOYCE BLVD FAYETTEVILLE AR 72703 716122573 PROVIDE FINANCIAL AND PROGRAM SUPPORT TO THE SERVICES AND ACTIVITIES OF BTV AR 501(C)(3) LINE 12A, I BUTTERFIELD TRAIL VILLAGE INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0