2026-05-15T13:35:07-05:00 2025-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE STE 400 LANCASTER PA 17601 990 2024-07-01 480987497 LARKSFIELD PLACE RETIREMENT COMMUNITIES INC LARK 3163631000 7373 EAST 29TH STREET NORTH WITCHITA KS 67226 MICHAEL GRIFFIN CFO 3163631000 2026-05-15 1 1 KERRI N BOGDA P00760402 7177404863 2026-05-15 2024 2025-03-06 01:10:19Z MICHAEL HAMBLEY 7373 EAST 29TH STREET NORTH WITCHITA KS 67226 29236654 0 X WWW.LAKESFIELD.ORG X 1984 KS OPERATE AND MAINTAIN RESIDENT FACILITIES FOR THE ELDERLY INCLUDING NON-ACUTE HEALTH CARE. 14 14 580 35 0 0 47953 1304057 25588633 26590319 414901 415411 600525 632388 26652012 28942175 0 0 0 0 12179096 13633489 0 0 0 15675720 16465692 27854816 30099181 -1202804 -1157006 52101498 50466106 79825680 79991829 -27724182 -29525723 X TO OPERATE AND MAINTAN SUITABLE RESIDENT FACILITIES AND SERVICES FOR THE CARE, TREATMENT AND REHABILITATION OF ELDERLY PERSONS, INCLUDING NON-ACUTE HEALTH CARE, IN WHICH QUALITY OF LIFE CAN BE MAINTAINED AT THE LOWEST FEASIBLE COST. 0 0 21480810 26590319 PROVIDING RESIDENTIAL AND LONG-TERM CARE HEALTH SERVICES, WELLNESS SERVICES AND DISTINCTIVE LIFESTYLE THAT ENRICHES THE LIVES OF ELDERLY PERSONS IN WICHITA, KANSAS AND SURROUNDING AREAS. LARKSFIELD PLACE RETIREMENT COMMUNITY BEGAN OPERATIONS IN NOVEMBER 1984 WITH THE PURPOSE OF PROVIDING A CONTINUUM OF RESIDENTIAL, HEALTH CARE, WELLNESS, SOCIAL, AND COMMUNITY-BASED SERVICES AND PROGRAMS FOR THOSE PERSONS AGE 65 AND OLDER. LARKSFIELD PLACE OFFERS ACOMMODATIONS OF 164 RESIDENTIAL LIVING APARTMENTS OF VARYING SIZES, 22 VILLAS, 72 ASSISTED LIVING APARTMENTS, AND 80 MEDICARE/MEDICAID SKILLED NURSING BEDS THAT MEET THE PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF RESIDENTS REQUIRING THESE HIGHER LEVELS OF CARE. RESIDENT CENTERED CARE IS PARAMOUNT TO LARKSFIELD PLACE MISSION. SERVIES INCLUDE SOCIAL WORK SERVICES, HEALTH AND WELLNESS PROGRAMS INCLUDING LAND FITNESS AND AQUATICS PROGRAMS AS WELL AS DIETARY COUNSELING AND MATTERS OF PUBLIC HEALTH CONCERNS. 21480810 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 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 1 1 0 0 1 62 0 580 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 KS X MICHAEL GRIFFIN CFO 3163631000 7373 EAST 29TH STREET NORTH WITCHITA KS 67226 CONNIE DIETZ CHAIR 1.00 1.00 X X 0 0 0 VIRDENA GILKEY VICE CHAIR 1.00 0.00 X X 0 0 0 ETAF AWAR DIRECTOR 1.00 0.00 X 0 0 0 TRISH BRASTED DIRECTOR 1.00 1.00 X 0 0 0 SHANNON BRAUN DIRECTOR 1.00 1.00 X 0 0 0 BRIAN BURRUS DIRECTOR 1.00 0.00 X 0 0 0 CHASE CARTER DIRECTOR 1.00 0.00 X 0 0 0 STEVE DILLARD DIRECTOR 1.00 0.00 X 0 0 0 SHEREE UTASH DIRECTOR 1.00 0.00 X 0 0 0 STEVE YAGER DIRECTOR 1.00 0.00 X 0 0 0 KIM MOORE DIRECTOR 1.00 0.00 X 0 0 0 JIM GUSTAVSON RESIDENT MEMBER 1.00 0.00 X 0 0 0 JIM KUHLMAN RESIDENT MEMBER 1.00 0.00 X 0 0 0 MARILYN DEBOER RESIDENT MEMBER 1.00 0.00 X 0 0 0 JOAQUIN SANTOS DIRECTOR (UNTIL 01/25) 1.00 0.00 X 0 0 0 MICHAEL HAMBLEY PRESIDENT/CEO 40.00 0.00 X 312245 0 23372 NICOLE CAMACHO SECRETARY (FROM 12/24) 38.00 2.00 X 3750 0 0 MICHAEL GRIFFIN TREASURER/CFO 40.00 0.00 X 296814 0 28062 KAREN GRIFFIN VP OF HEALTH SERVICES 38.00 2.00 X 196635 0 24293 ALEJANDRO NIETO EXECUTIVE DIRECTOR OF HEALTH CENTER 40.00 0.00 X 148578 0 16949 JANE NJAGI DIRECTOR OF NURSING 40.00 0.00 X 127643 0 16215 JUSTIN CLARK VP OF BUSINESS DEVELOPMENT 40.00 0.00 X 123358 0 14146 1209023 0 123037 6 0 1 0 0 1299057 5000 1304057 NET RESIDENT SERVICE REVENUE 252324 25972581 25972581 AMORTIZATION OF ENTRANCE FEES 356172 617738 617738 26590319 209833 209833 455307 249729 205578 205578 205578 43924 44750 -826 -826 CAFETERIA 900999 469126 469126 PARKING FEES 900999 64020 64020 BEAUTY SHOP 900999 52269 52269 47799 47799 633214 28942175 26590319 0 1047799 1402736 439450 963286 10420672 7292827 3127845 261772 77848 183924 608497 131083 477414 939812 564957 374855 70509 70509 77388 77388 2900 2900 26812 26812 1319205 664581 654624 571734 571734 750658 327046 423612 396829 396829 1014485 1010041 4444 26519 2615 23904 39705 3168 36537 1436915 1436915 2878602 2878602 833819 833819 FOOD & FOOD SERVICES 5301967 5299955 2012 BAD DEBT EXPENSE 658811 658811 MEDICAL SUPPLIES 336406 328863 7543 PROGRAM COSTS 303862 185781 118081 418566 178267 240299 30099181 21480810 8618371 0 59532 80180 1053140 823840 2319088 1658160 82408 82408 682562 404817 83175880 45567215 37844819 37608665 6682980 7544098 3376969 2263938 52101498 50466106 1442207 1668749 36027616 35238701 909440 500000 41446417 42584379 79825680 79991829 X -27817040 -30604996 92858 1079273 -27724182 -29525723 52101498 50466106 X -1157006 443055 -1087590 X 0 1 X 1 0 X 2910715 200869 311335 47953 1304057 4774929 23726750 22639088 22726694 25588633 26590319 121271484 391729 521760 517722 629339 2060550 26637465 23231686 23559789 26154308 28523715 128106963 104006 84115 217001 405122 0 104006 84115 217001 405122 127701841 150611 190935 206799 228618 209833 986796 150611 190935 206799 228618 209833 986796 17643 380840 123771 47799 570053 26788076 23440264 24147428 26506697 28781347 129663812 0.98490 0.98530 0.00760 0.01000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 17,643. 2022 AMOUNT: $ 380,840. 2023 AMOUNT: $ 123,771. 2024 AMOUNT: $ 47,799. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2900 2900 0 PART II-B, LINE 1: LARKSFIELD PLACE RETIREMENT COMMUNITY PAID DUES TO LEADING AGE DURING THE FISCAL YEAR. THE AMOUNT OF DUES USED FOR LOBBYING WAS $2,900. 2010359 1084781 1183363 1911777 1996370 67442 42766 10687 2010359 1754766 288052 30543 15905 1996370 1531650 358503 13208 122179 1754766 1499034 182494 12033 137845 1531650 0.02370 0.97630 0 1 1 2215032 2215032 71497095 39817517 31679578 4443863 3494047 949816 5019890 2255651 2764239 37608665 REFUNDABLE ENTRANCE FEES 38852537 NON REFUNDABLE ENTRANCE FEES 3731842 42584379 PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD BY LARKSFIELD PLACE FOUNDATION, INC. FOR THE BENEFIT OF LARKSFIELD PLACE RETIREMENT COMMUNITIES, INC. THE ENDOWMENT FUNDS ARE INTENDED TO: 1. PROVIDE FINANCIAL ASSITANCE TO RESIDENTS THAT EXHAUST RESOURCES. 2. PROVIDE ON-GOING MAINTENANCE OF REFLECTION GARDEN ON CAMPUS. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL HAMBLEY PRESIDENT/CEO 277245 0 35000 0 0 0 10126 0 13246 0 335617 0 0 0 MICHAEL GRIFFIN TREASURER/CFO 260814 0 36000 0 0 0 8966 0 19096 0 324876 0 0 0 KAREN GRIFFIN VP OF HEALTH SERVICES 175585 0 21050 0 0 0 9197 0 15096 0 220928 0 0 0 ALEJANDRO NIETO EXECUTIVE DIRECTOR OF HEALTH CENTER 141578 0 7000 0 0 0 5686 0 11263 0 165527 0 0 0 A CITY OF WICHITA HCF REVENUE BOND SERIES 1 2021A 486000653 2021-06-10 28774885 SEE PART VI 0 0 0 B CITY OF WICHITA HCF REVENUE BOND SERIES 1 2021B 486000653 2021-06-10 7964281 SEE PART VI 0 0 0 C CITY OF WICHITA HCF REVENUE BOND SERIES 1 2021C 486000653 2021-06-10 3260833 SEE PART VI 0 0 0 A 2292249 28774885 25762837 849378 2021 0 1 1 1 B 728328 7964281 159286 7804995 2021 1 0 1 1 C 60578 3260833 65217 3195616 2021 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 1 FIRST MIDWEST BANK 6.000000000000 0 0 0 0 1 B 0 0 1 0 0 1 FIRST MIDWEST BANK 6.000000000000 0 0 0 0 1 C 0 1 0 0 0 1 FIRST MIDWEST BANK 6.000000000000 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART I, COLUMN F - DESCRIPTION OF PURPOSE: PROCEEDS OF THE SERIES I, 2021A BONDS WERE USED TO REFUND THE OUTSTANDING PRINCIPAL ON THE SERIES III, 2013 REVENUE BONDS. PROCEEDS OF THE SERIES I, 2021B BONDS WERE USED TO REFUND THE OUTSTANDING PRINCIPAL ON THE SERIES III, 2010 REVENUE BONDS. PROCEEDS OF THE SERIES I, 2021C BOND ARE TO BE USED BY LARKSFIELD PLACE FOR IMPROVEMENTS TO ITS RETIREMENT COMMUNITY FACILITIES. THE REMAINING PROCEEDS OF THE SERIES I, 2021A, 2021B, AND 2021C BONDS WERE USED TO COVER ISSUANCE AND UNDERWRITING COSTS OF THE BOND ISSUES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIR, VICE-CHAIR, FINANCE CHAIR AND QUALITY AND COMPLIANCE CHAIR. UNLESS THE BOARD SPECIFICALLY DIRECTS OTHERWISE, DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE SHALL HAVE, AND MAY EXERCISE, ALL THE POWERS OF THE BOARD AND THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION AS PROVIDED IN THESE BYLAWS IN SUCH MANNER AS SUCH COMMITTEE SHALL DEEM IN THE BEST INTEREST OF THE CORPORATION, EXCEPT THAT IT MAY NOT AMEND THE ARTICLES OF INCORPORATION OR BYLAWS; APPROVE MERGER, CONSOLIDATION OR DISSOLUTION; OR SELL, LEASE, ENCUMBER OR OTHERWISE TRANSFER ALL OR SUBSTANTIALLY ALL OF THE ASSETS WITHOUT SUBMITTING SUCH ACTIONS FOR APPROVAL OF THE ENTIRE BOARD. FORM 990, PART VI, SECTION A, LINE 2 MICHAEL GRIFFIN (OFFICER) AND KAREN GRIFFIN (KEY EMPLOYEE) ARE MARRIED. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT ACCOUNTING FIRM PREPARES AND REVIEWS THE FORM 990. THE RETURN IS THEN REVIEWED BY THE PRESIDENT/CEO AND THE TREASURER/CFO. ANY QUESTIONS OR CONCERNS ARE ADDRESSED WITH THE PREPARES AND ANY CORRECTIONS OR CLARIFICATIONS ARE MADE. THE FINAL FORM 990 WITH ALL REQUIRED SCHEDULES IS PROVIDED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C LARKSFIELD PLACE HAS DEFINED A CONFLICT OF INTEREST WITHIN THE BYLAWS OF THE CORPORATION AS ANY ACTON OR STATEMENT INTENDED TO INFLUENCE THE ACTIONS OF THE CORPORATION IN SUCH A WAY AS TO CONFER ANY FINANCIAL BENEFIT ON SUCH DIRECTORS OR ON ANY FIRM OR CORPORATION IN WHICH THE DIRECTOR HAS A MATERIAL INTEREST IN ANY WAY, INCLUDING A PERSONAL INTEREST OR AS AN EMPLOYEE, DIRECTOR, OR OFFICER. THE BYLAWS OF THE CORPORATION ALSO PROVIDE FOR DISCLOSURE OF POTENTIAL CONFLICTS OF INTEREST BY REQUIRING ANY DIRECTOR WHO IS AWARE OF A POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO ANY MATTER WHICH MAY COME BEFORE THE DIRECTOR OR COMMITTEES TO DISCLOSE IMMEDIATELY TO THE DIRECTOR OR COMMITTEES, AS THE CASE MAY BE, THE POTENTIAL CONFLICT OF INTEREST AND TO REFRAIN FROM VOTING ON SUCH MATTER. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY AS AN ITEM OF BUSINESS DURING THE ANNUAL BOARD MEETING, AND THE STATEMENTS ARE MAINTAINED WITH THE CORPORATION'S RECORDS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ENGAGED AN INDEPENDENT CONSULTING FIRM TO ASSIST IN THE HIRING OF THE CEO, AND TO ESTABLISH CEO COMPENSATION WITHIN THE COMPARATIVE RANGE FOR SIMILAR ORGANIZATIONS. THE VICE-PRESIDENT OF HUMAN RESOURCES PROVIDES COMPARATIVE SALARY AND BENEFITS DATA FROM THE HOSPITAL AND HEALTHCARE COMPENSATION SERVICE, THE BUREAU OF LABOR STATISTICS, THE WICHITA METROPOLITAN SERVICE AREA, AND OTHER ON-LINE SOURCES TO THE PRESIDENT/CEO. THIS DATA IS REVIEWED AND USED TO DETERMINE THE COMPARATIVE COMPENSATION LEVELS FOR OFFICERS AND KEY EMPLOYEES IN THE ORGANIZATION. THIS REVIEW AND APPROVAL IS DOCUMENTED AS IT OCCURS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL AUDITED FINANCIAL STATEMENTS, FORM 990 RETURNS, AND QUARTERLY FINANCIAL SUMMARIES ARE MAINTAINED WITH THE CFO AND ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. COPIES OF THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND MINUTES OF THE BOARD OF DIRECTORS ARE MAINTAINED BY THE SECRETARY OF THE CORPORATION AND ARE ALSO AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP -1,087,590. LARKSFIELD PLACE FOUNDATION INC 7373 EAST 29TH STREET NORTH WICHITA KS 67226 263384821 SUPPORT ORG KS 501(C)(3) LINE 12A, I LARKSFIELD PLACE RETIREMENT COMMUNITY 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 LAKESFIELD PLACE FOUNDATION INC C 1299057 CASH