2025-11-17T14:59:24-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 10401 W INNOVATION DR STE 300 WAUWATOSA WI 53226 990 2024-01-01 455139878 WESTERN HOME GROUP WEST 3192772141 5307 CARAWAY LANE CEDAR FALLS IA 50613 PATRICK O'LEARY CHIEF STRATEGY OFFICER 3192772141 2025-11-14 1 1 KRISTEN DONLEVY P01670215 4144761880 2025-11-14 2024 2025-03-06 01:10:19Z PATRICK O'LEARY 5307 CARAWAY LANE CEDAR FALLS IA 50613 41937127 1 1 5863 X N/A X 2011 IA TO ASSERTIVELY CREATE FULFILLING LIFESTYLES FOR SENIORS, THEIR FAMILIES, AND OUR EMPLOYEES. 8 8 305 919 0 0 214158 821591 38362587 40207758 824412 907778 0 0 39401157 41937127 0 0 0 0 13392006 14101194 0 0 0 29183574 30153319 42575580 44254513 -3174423 -2317386 179847474 193765078 186675845 201481190 -6828371 -7716112 TO ASSERTIVELY CREATE FULFILLING LIFESTYLES FOR SENIORS, THEIR FAMILIES, AND OUR EMPLOYEES. 0 0 29141381 0 40207758 PROVIDED PERSONAL CARE SUCH AS BATHING, DRESSING, MEAL PREPARATION, LIGHT HOUSEKEEPING, AND ERRAND RUNNING FOR ELDERLY AND POST-HOSPITAL PATIENTS IN THE CEDAR FALLS/WATERLOO AREA. ALSO OFFERED COMPASSIONATE CARE AND SERVICES FOR SENIORS THROUGH THE OPERATION OF THE STANARD FAMILY ASSISTED LIVING CENTER, THE WINDHAVEN ASSISTED LIVING CENTER, MADRID HOME FOR THE AGING, CREEKSIDE, INC, LUTHERAN HOMES FOR THE AGING, WHSN, INC. AND MULTIPLE INDEPENDENT LIVING CENTERS. 29141381 1 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 0 0 0 0 1 0 0 0 1 22 0 1 305 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 0 0 0 X SHERI BROCKELSBY 3192772141 5307 CARAWAY LANE CEDAR FALLS IA 50613 KRIS HANSEN CHIEF EXECUTIVE OFFICER 1.00 39.00 X X 0 498804 45481 SARAH BROWN BOARD CHAIR 1.00 1.00 X X 0 0 0 RONALD GAINES VICE CHAIR 1.00 1.00 X X 0 0 0 LARRY FOX IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 GREG SCHMITZ TREASURER 1.00 1.00 X X 0 0 0 DR RICHARD FRANKHAUSER SECRETARY 1.00 1.00 X X 0 0 0 DIANNE SCHULTZ DIRECTOR 1.00 1.00 X 0 0 0 NAFISSA CISSE EGBUONYE DIRECTOR 1.00 1.00 X 0 0 0 PAT O'LEARY CSO 1.00 39.00 X 0 321070 53536 JERRY HARRIS CHIEF OPERATING OFFICER 1.00 39.00 X 0 243850 41307 DARRELL MCCORMICK DCO 1.00 39.00 X 0 262348 50425 WENDY AGER OPERATIONS SR DIRECTOR 1.00 39.00 X 0 195524 8981 SADIE FUSON SCHEDULING CLINICAL ED COO 40.00 0.00 X 109674 0 4481 NANCY CALLAHAN LPN-IV 40.00 0.00 X 113805 0 29844 RACHAEL GRAHAM CLINICAL SERVICES COORDINATOR 40.00 0.00 X 109330 0 5319 KELLY BENDER DIRECTOR OF NURSING 40.00 0.00 X 108959 0 4271 KARLA UTTERBACK RN 40.00 0.00 X 107222 0 7610 548990 1521596 251255 5 0 1 0 RICHARD COLBY DBA RC AND ASSOCIATES 1269 KNAP PLACE BOONE IA 50036 CONSTRUCTION SERVICES 189000 1 821591 821591 ROUTINE SERVICES 623990 38278922 38278922 ANCILLARY 623990 1928836 1928836 40207758 907778 907778 41937127 40207758 0 907778 12144037 9602637 2541400 157503 123808 33695 863496 647511 215985 936158 746180 189978 7765962 7765962 1977241 1336782 640459 433489 433489 118713 118713 1098550 205416 893134 2868064 2452944 415120 468133 444888 23245 2328763 2328763 7246144 7246144 948601 948601 FOOD & DEPARTMENT SUPPL 3037990 3034415 3575 LICENSES, PERMITS, & FE 1223516 535476 688040 COVID-19 EXPENSES 324319 324319 OTHER GENERAL & ADMIN 216315 111276 105039 97519 822 96697 44254513 29141381 15113132 0 5223695 5626815 253751 290278 1205078 986851 841963 300294 651559 751728 208837763 77011286 130715386 131826477 701009 0 1125000 1125000 39130033 52857635 179847474 193765078 2962965 2964454 119821346 122251671 57735313 60212087 30103 0 6126118 16052978 186675845 201481190 X -6828371 -7716112 -6828371 -7716112 179847474 193765078 X -2317386 1429645 X X 0 1 X 1 0 X 666221 4267441 1820868 214158 821591 7790279 24063499 36564141 33953083 38362587 40207758 173151068 24729720 40831582 35773951 38576745 41029349 180941347 0 0 0 180941347 795671 860077 828592 824412 907778 4216530 795671 860077 828592 824412 907778 4216530 25525391 41691659 36602543 39401157 41937127 185157877 0.97720 0.97560 0.02280 0.02440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 14682 38804 25566 27920 1 X 17238860 17238860 191598903 77011286 114587617 131826477 RELATED PARTY RECEIVABLES 52851914 BOND REPAIR & REPLACEMENT FUND 5721 52857635 RELATED PARTY PAYABLES 15644788 ADVANCE REFUNDABLE DEPOSIT 408190 16052978 X PART IV, LINE 1B: THESE FUNDS ARE HELD AS RESIDENT TRUST FUND AND ARE CLASSIFIED AS AN ASSET. THE RESIDENT TRUST FUND WAS FORMED BY A SIGNED TRUST AGREEMENT, WHICH CONFORMS TO THE IRS RULES AND REGULATIONS. PART IV, LINE 2B: THE FUNDS ARE HELD AS RESIDENT TRUST FUND ACCOUNT AND HAVE OFFSETTING LIABILITIES TO THE ASSET ACCOUNT. PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE ACCOUNTING STANDARD REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THIS STANDARD PROVIDES DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN THE ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ADOPTION OF THIS STANDARD HAD NO MATERIAL EFFECT ON THE ORGANIZATION'S FINANCIAL POSITION, RESULTS OF OPERATIONS, OR CASH FLOW. 0 0 0 0 0 0 0 0 0 KRIS HANSEN CHIEF EXECUTIVE OFFICER 0 498804 0 0 0 0 0 13800 0 31681 0 544285 0 0 PAT O'LEARY CSO 0 321070 0 0 0 0 0 13125 0 40411 0 374606 0 0 DARRELL MCCORMICK DCO 0 262348 0 0 0 0 0 9368 0 41057 0 312773 0 0 JERRY HARRIS CHIEF OPERATING OFFICER 0 243850 0 0 0 0 0 10200 0 31107 0 285157 0 0 WENDY AGER OPERATIONS SR DIRECTOR 0 195524 0 0 0 0 0 7804 0 1177 0 204505 0 0 PART I, LINE 3 BOARD MEMBERS DETERMINE THE SALARIES FOR LEADERSHIP EMPLOYEES USING LEADING AGE SALARY SURVEYS AS WELL AS OTHER SALARY SURVEYS. A IOWA FINANCE AUTHORITY 521699886 2017-03-22 9250000 SENIOR LIVING FACILITIES REVENUE BOND (CREEKSIDE PROJECT) 0 0 0 A 1506853 9250000 9250000 2018 0 0 1 1 A 0 0 0 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: IOWA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/03/2023 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS 990 WILL BE DISTRIBUTED TO ALL MEMBERS OF THE BOARD VIA EMAIL AND WILL BE REVIEWED AND APPROVED BY ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY COVERS ANY OFFICER, DIRECTOR, BOARD MEMBER, KEY EMPLOYEE OR MANAGER OF WHS. EMPLOYEES MUST PROMPTLY DISCLOSE TO THE WHS AND ITS AFFILIATES ANY RELATIONSHIP, OWNERSHIP, INVESTMENT OR BUSINESS INTEREST, WHETHER DIRECT OR INDIRECT, THAT THE EMPLOYEE OR A MEMBER OF HIS/HER IMMEDIATE FAMILY HAS WITH ANY PERSON, OR IN ANY BUSINESS OR ENTERPRISE (OTHER THAN PUBLICLY TRADED SECURITIES). PRESENTATIONS OF POSSIBLE CONFLICTS OF INTEREST ARE DONE AT BOARD MEETINGS. AFTER THE PRESENTATION, THE INDIVIDUAL SHOULD LEAVE THE ROOM WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER (TO) FROM AFFILIATE 1,429,645. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. WESTERN HOME FOUNDATION 5307 CARAWAY LN CEDAR FALLS IA 50613 421505760 SUPPORT RELATED ORGANIZATIONS THROUGH GIFTS, STEWARDSHIP, AND EDUCATION IA 501(C)(3) LINE 12A, I WESTERN HOME SERVICES INC 0 WESTERN HOME SERVICES INC 5307 CARAWAY LN CEDAR FALLS IA 50613 272825987 PROVIDE MANAGEMENT AND SUPPORTIVE SERVICES TO RELATED ORGANIZATIONS IA 501(C)(3) LINE 12B, II N/A 0 MARTIN HEALTH CENTER 5307 CARAWAY LN CEDAR FALLS IA 50613 420680487 NURSING CENTER IA 501(C)(3) LINE 10 WESTERN HOME SERVICES INC 0 LUTHERAN HOME FOR THE AGING 5307 CARAWAY LN CEDAR FALLS IA 50613 420680326 OWN AND MAINTAIN CAPITAL ASSETS IA 501(C)(3) LINE 10 MADRID HOME FOR THE AGING 0 FORTIFIED LIFE INC 5307 CARAWAY LN CEDAR FALLS IA 50613 854058595 WELLNESS, INTERVENTIONS & CARE OPTIONS FOR SENIORS IA 501(C)(3) LINE 10 WESTERN HOME SERVICES INC 0 TECH OF AGES LLC 5307 CARAWAY LANE CEDAR FALLS IA 50613 352453636 PROVIDE INFORMATION TECHNOLOGY SERVICES AND SUPPORT IA WESTERN HOME SERVICES INC C 0 WESTERN HOME MANAGEMENT LLC 5307 CARAWAY LANE CEDAR FALLS IA 50613 352628318 PROVIDE MANAGEMENT AND SUPPORTIVE SERVICES TO UNRELATED ORGANIZATIONS IA N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 WESTERN HOME SERVICES INC Q 1429645 ACTUAL WESTERN HOME SERVICES INC C 275000 CASH