2026-05-12T12:47:10-05:00 2025-06-30 450250958 EIDE BAILLY LLP 18081 BURT ST STE 200 OMAHA NE 680224722 990 2024-07-01 470799108 IMMANUEL RETIREMENT COMMUNITIES INC IMMA 4028292900 1044 N 115TH ST 500 OMAHA NE 68154 SCOTT BEAR CFO & TREASURER 4028292900 2026-05-11 1 1 WENDY R COOLEY CPA P01523804 4023302660 2026-05-11 2024 2025-03-06 01:10:19Z IMMANUEL COMMUNITIES SCOTT BEAR 1044 N 115TH ST 500 OMAHA NE 68154 73989169 0 X WWW.IMMANUEL.COM X 1995 NE CHRIST-CENTERED SERVICE TO SENIORS, EACH OTHER AND THE COMMUNITY. 17 17 0 38 0 0 14383 85757 44022315 46390169 2895833 3391484 189947 215075 47122478 50082485 0 0 0 0 27775251 29372473 0 0 0 25197490 24952912 52972741 54325385 -5850263 -4242900 168557867 172454887 223836952 233019825 -55279085 -60564938 X CHRIST-CENTERED SERVICE TO SENIORS, EACH OTHER AND THE COMMUNITY. 0 0 47543349 46390169 IMMANUEL RETIREMENT COMMUNITIES (IRC) IS ORGANIZED TO CONSTRUCT, OPERATE, AND MAINTAIN FACILITIES AND RELATED PROGRAMS TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, AND RELIGIOUS NEEDS OF AGED PERSONS. IRC OFFERS PASTOR SERVICES, WELLNESS PROGRAMS AND COURTYARD MANAGEMENT SERVICES. CURRENTLY OWNED OR MANAGED RETIREMENT COMMUNITIES INCLUDE THE FOLLOWING:IMMANUEL VILLAGE - 100 UNIT INDEPENDENT RETIREMENT COMMUNITY - 36 UNIT ASSISTED LIVING FACILITYLAKESIDE VILLAGE - 107 UNIT INDEPENDENT RETIREMENT COMMUNITY - 61 UNIT ASSISTED LIVING FACILITYTRINITY VILLAGE - 40 UNIT INDEPENDENT RETIREMENT COMMUNITY - 30 UNIT ASSISTED LIVING FACILITYTHE LANDING AT WILLIAMSBURG - 90 UNIT INDEPENDENT RETIREMENT COMMUNITY - 48 UNIT ASSISTED LIVING FACILITYPACIFIC SPRINGS VILLAGE - 67 UNIT INDEPENDENT RETIREMENT COMMUNITY - 56 PATIO HOMES - 47 UNIT ASSISTED LIVING FACILITY 47543349 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X ROSS MCGREGOR CONTROLLER 4029332740 1044 N 115TH ST SUITE 500 OMAHA NE 68154 X JILL POWERS CHAIR 0.25 2.75 X X 0 0 0 JOHN BOTHOF VICE CHAIR 0.25 2.75 X X 0 0 0 STEVEN BULLOCK SECRETARY 0.25 3.00 X X 0 0 0 STEVE SCANLAN DIRECTOR 0.25 2.75 X 0 0 0 REV E JON BENSON DIRECTOR 0.25 3.00 X 0 0 0 RANDAL BURNS DIRECTOR 0.25 2.75 X 0 0 0 SCOTT HOWERTER DIRECTOR 0.25 2.75 X 0 0 0 CLARENCE NICHOLS DIRECTOR 0.25 2.75 X 0 0 0 BRENDA BERGMAN-EVANS DIRECTOR 0.25 3.05 X 0 0 0 ANDREA SKOLKIN DIRECTOR 0.25 2.75 X 0 0 0 CINDY ALLOWAY DIRECTOR 0.25 3.00 X 0 0 0 DAN FRIEDLUND DIRECTOR 0.25 3.05 X 0 0 0 BISHOP SCOTT JOHNSON DIRECTOR 0.25 2.75 X 0 0 0 MARY BALLUFF DIRECTOR 0.25 3.30 X 0 0 0 TERESA HAWLIK DIRECTOR 0.25 2.75 X 0 0 0 MARY PARKER DIRECTOR 0.25 3.00 X 0 0 0 ROGER THOMPSON DIRECTOR 0.25 2.75 X 0 0 0 ERIC N GURLEY PRESIDENT & CEO 6.00 46.00 X 0 695171 280660 JULIE PALADINO-KAMINSKI CHIEF OPERATING OFFICER 4.00 47.00 X 0 366690 48149 SCOTT BEAR CFO & TREASURER 3.00 49.00 X 0 363626 37591 TAMMY SEALER CHIEF DEVELOPMENT OFFICER 6.00 46.00 X 0 327842 34999 DEVIN FOX MD VP OF CLINICAL OPERATIONS 12.00 36.00 X 0 419391 36646 RHONDA DISTEFANO VP CONSTR, FACILITIES MGMT & ENV SVCS 12.00 36.00 X 0 279985 31797 JOSEPH BROWN SVP OF MARKETING & SALES EXPERIENCE 10.00 37.00 X 0 261381 17996 MARVIN PEARSON VP OF INFORMATION TECHNOLOGY 8.00 40.00 X 0 244007 14557 ELIZABETH HARRIS SVP OF HR & EMPLOYEE EXPERIENCE 8.00 39.00 X 0 250023 34959 0 3208116 537354 0 0 1 0 0 14221 71536 85757 NET RESIDENT REVENUE 623000 44120398 44120398 MANAGEMENT FEES 561000 1151358 1151358 COMMUNITY FEE REVENUE 623000 494000 494000 CAFETERIA REVENUE 623000 317877 317877 WELLNESS MEMBERSHIPS/CLASSES 623990 128873 128873 177663 177663 46390169 3262572 3262572 215075 0 215075 215075 215075 24026658 8938 23906684 0 119974 8938 128912 128912 50082485 46390169 0 3606559 587253 587253 22369338 20735810 1633528 533388 481789 51599 4709777 4649597 60180 1172717 1119115 53602 36676 36676 6046 6046 1854286 670676 1183610 510901 809 510092 1593060 1288618 304442 113409 11849 101560 6450104 4501066 1949038 115526 106332 9194 2252634 2252634 7717878 7696224 21654 1113846 953385 160461 FOOD COSTS 2079992 2049048 30944 SWAP COSTS 1009700 1009700 LICENSES & PERMITS 94008 16008 78000 BAD DEBT EXPENSE 3669 689 2980 1177 1177 54325385 47543349 6782036 0 313 150 189481 144689 625532 856702 177395078 111364334 67927807 66030744 17762681 18826595 82052053 86596007 168557867 172454887 6222618 4938345 49818 50008 6364147 7214078 143280293 139304528 67920076 81512866 223836952 233019825 X -55279085 -60564938 -55279085 -60564938 168557867 172454887 -4242900 -1042953 0 X X 0 1 X 1 0 X 846933 530055 301338 14383 85757 1778466 33334721 36687983 40389505 44022315 46390169 200824693 34181654 37218038 40690843 44036698 46475926 202603159 0 0 0 202603159 2327359 2325047 3000801 3076297 3477647 14207151 2327359 2325047 3000801 3076297 3477647 14207151 50190 191090 241280 36559203 39734175 43691644 47112995 49953573 217051590 0.93340 0.93180 0.06550 0.06610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5669473 5669473 140504672 92874724 47629948 15712273 10820461 4891812 15508660 7669149 7839511 66030744 SWAP AGREEMENTS 1986200 CAPITAL REPLACEMENT RESERVES 28908032 RESIDENT DEPOSITS 53412892 AFFILIATE RECEIVABLE 2288883 86596007 ACCRUED INTEREST PAYABLE 2131061 AFFILIATE PAYABLE 33163705 REFUNDABLE FEES 45570150 RESIDENT DEPOSITS PAYABLE 647950 81512866 X PART X, LINE 2: IMMANUEL RETIREMENT COMMUNITIES, INC. BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. IMMANUEL RETIREMENT COMMUNITIES, INC. WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. SCHEDULE D, PART IX: IMMANUEL, A RELATED ENTITY, HOLDS CERTAIN INVESTMENT ASSETS OF IMMANUEL RETIREMENT COMMUNITIES, INC. TO FACILITATE EFFICIENT MANAGEMENT OF THE INVESTMENTS. THE FUNDS ARE POOLED WITH IMMANUEL'S INVESTMENT ASSETS FOR MANAGEMENT PURPOSES ONLY. THESE FUNDS ARE RECORDED AS AN ASSET AND A LIABILITY ON IMMANUEL'S BOOKS AND AS AN ASSET ON IMMANUEL RETIREMENT COMMUNITIES'S BOOKS. BOTH ORGANIZATIONS ACKNOWLEDGE THAT THE ASSETS ARE THE PROPERTY OF IMMANUEL RETIREMENT COMMUNITIES, INC. 0 1 0 0 0 0 0 0 0 ERIC N GURLEY PRESIDENT & CEO 0 567083 0 119734 0 8354 0 248160 0 33650 0 976981 0 3474 DEVIN FOX MD VP OF CLINICAL OPERATIONS 0 345480 0 73911 0 0 0 18585 0 19146 0 457122 0 0 JULIE PALADINO-KAMINSKI CHIEF OPERATING OFFICER 0 277309 0 81027 0 8354 0 17641 0 31519 0 415850 0 0 SCOTT BEAR CFO & TREASURER 0 278297 0 76975 0 8354 0 17032 0 21559 0 402217 0 0 TAMMY SEALER CHIEF DEVELOPMENT OFFICER 0 250379 0 69109 0 8354 0 18348 0 17596 0 363786 0 0 RHONDA DISTEFANO VP CONSTR, FACILITIES MGMT & ENV SVCS 0 219937 0 51694 0 8354 0 14393 0 18321 0 312699 0 0 ELIZABETH HARRIS SVP OF HR & EMPLOYEE EXPERIENCE 0 204862 0 41302 0 3859 0 14900 0 20959 0 285882 0 0 JOSEPH BROWN SVP OF MARKETING & SALES EXPERIENCE 0 208113 0 44914 0 8354 0 13596 0 5302 0 280279 0 0 MARVIN PEARSON VP OF INFORMATION TECHNOLOGY 0 203707 0 40300 0 0 0 14557 0 890 0 259454 0 0 PART I, LINE 3 THE COMPENSATED OFFICERS ARE EMPLOYEES OF IMMANUEL, A RELATED ENTITY. THE BOARD'S EXECUTIVE COMMITTEE SERVES AS THE COMPENSATION COMMITTEE TO REVIEW AND APPROVE THE TOTAL COMPENSATION FOR ERIC GURLEY, AND TO APPROVE THE BONUS PLAN AND PAYOUT OF BONUSES TO THE LEADERSHIP TEAM. THE COMPENSATION COMMITTEE USES AN INDEPENDENT COMPENSATION CONSULTANT TO HELP SET SALARIES AND BENEFITS. PART I, LINE 4B ERIC N. GURLEY, PRESIDENT & CEO, PARTICIPATED IN AN ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE PLAN AND DEFERRED COMPENSATION PLAN THAT MEET THE REQUIREMENTS OF SECTIONS 409A AND 457(F). BOTH PLANS ARE SPONSORED BY IMMANUEL. AS OF DECEMBER 31, 2024, ERIC GURLEY'S DEFERRED COMPENSATION ACCOUNT WAS CREDITED WITH $223,760. PREMIUMS OF $157,474 WERE PAID FOR THE ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE PLAN POLICY. UNDER THE PLAN, IMMANUEL ENDORSES TO ERIC GURLEY THE RIGHT TO DESIGNATE A BENEFICIARY FOR THE PORTION OF THE DEATH BENEFIT IN EXCESS OF THE GREATER OF THE CASH SURRENDER VALUE OR PREMIUMS PAID. THE VALUE OF THAT RIGHT, WHICH WAS INCLUDED IN ERIC GURLEY'S REPORTABLE COMPENSATION, WAS $3,474. AS OF JUNE 30, 2025, THE DEATH BENEFIT IN EXCESS OF PREMIUMS PAID WAS $2,593,043. PART I, LINE 6 THE ORGANIZATION DOES NOT PAY OR ACCRUE ANY COMPENSATION BASED ON THE REVENUES OR THE NET EARNINGS OF THE ORGANIZATION OR ANY RELATED ORGANIZATION. HOWEVER, A SMALL PERCENTAGE OF THE BONUSES PAID TO ERIC GURLEY, DEVIN FOX, M.D., JULIE PALADINO-KAMINSKI, SCOTT BEAR, TAMMY SEALER, RHONDA DISTEFANO, ELIZABETH HARRIS, JOSEPH BROWN, AND MARVIN PEARSON IS BASED ON OPERATING MARGIN CALCULATION OF IMMANUEL AND OTHER RELATED TAX-EXEMPT ORGANIZATIONS. A NEBRASKA ED HEALTH CULTURAL & SOCIAL SERVICES FINANCE AUTHORITY 521293953 63967UAJ1 2019-10-24 112860964 SEE PART IV 0 0 0 A 113000874 564059 1365896 23414000 87656919 2022 1 1 1 1 A 0 1 1 1 0 0.00400 0.00400 1 0 1 A 0 0 1 1 0 0 0 0 1 A 1 SCHEDULE K, PART I, LINE A, COLUMN (F) EXPAND & CONSTRUCT FACILITY AND REFUND PRIOR BONDS (4/29/10, 6/19/14, 12/27/16.) SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. FORM 990, PART V, LINE 2A: INDIVIDUALS PERFORMING SERVICES FOR IMMANUEL RETIREMENT COMMUNITIES ARE EMPLOYEES OF IMMANUEL, A RELATED ENTITY. THEREFORE, IMMANUEL ISSUES THE FORM W-2 FOR THESE EMPLOYEES. BECAUSE IMMANUEL RETIREMENT COMMUNITIES REIMBURSES IMMANUEL FOR THE SALARIES AND BENEFITS OF THESE EMPLOYEES, THE EXPENSES FOR THEIR SALARIES AND BENEFITS ARE REFLECTED ON THIS RETURN IN PART IX, STATEMENT OF FUNCTIONAL EXPENSES. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY ESTABLISH AN EXECUTIVE COMMITTEE WHICH CONSISTS OF TWO OR MORE DIRECTORS AND MAY EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS TO THE EXTENT PROVIDED IN THE RESOLUTION. THE EXECUTIVE COMMITTEE HAS THE POWER TO TRANSACT ALL REGULAR BUSINESS OF THE CORPORATION DURING THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, PROVIDED THAT ANY ACTION WHICH IT TAKES DOES NOT CONFLICT WITH THE POLICIES AND EXPRESS WISHES OF THE BOARD. THE EXECUTIVE COMMITTEE PRESENTS THE MINUTES OF ITS MEETINGS AND REPORTS AT THE NEXT SUCCEEDING MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 2 THE OFFICERS AND HIGHEST COMPENSATED EMPLOYEES ARE CONSIDERED SENIOR LEADERSHIP AND ARE COMPENSATED BY IMMANUEL, A RELATED ORGANIZATION. THE BOARD MEMBERS ARE ALSO BOARD MEMBERS OF IMMANUEL THEREFORE THE OFFICERS AND BOARD MEMBERS HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 IMMANUEL RETIREMENT COMMUNITIES HAS ONE MEMBER, IMMANUEL. FORM 990, PART VI, SECTION A, LINE 7A IMMANUEL, THE SOLE MEMBER OF IMMANUEL RETIREMENT COMMUNITIES, APPOINTS ALL OF THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY MUST BE APPROVED BY THE BOARD OF IMMANUEL. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM WITH THE ASSISTANCE OF THE CONTROLLER, AND IS THEN REVIEWED BY THE CFO AND THE CONTROLLER. COPIES OF THE REVIEWED RETURN ARE PROVIDED TO THE BOARD MEMBERS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IMMANUEL RETIREMENT COMMUNITIES USES THE SAME POLICY AS IMMANUEL, A RELATED ORGANIZATION. THE POLICY STATES THAT THE BOARD OF DIRECTORS MUST SIGN THE CONFLICT OF INTEREST POLICY AND DISCLOSE ALL CONFLICTS. THE GOVERNANCE COMMITTEE SHALL DECIDE WHAT ACTIONS NEED TO BE TAKEN CONCERNING ANY CONFLICTS. THE BOARD MEMBER IS PROHIBITED FROM VOTING ON ANY BUSINESS RELATED TO ANY CONFLICT THE GOVERNANCE COMMITTEE HAS IDENTIFIED. FORM 990, PART VI, SECTION B, LINE 15 THE OFFICERS ARE COMPENSATED BY IMMANUEL, A RELATED ORGANIZATION. IMMANUEL ANALYZES MARKET-BASED COMPENSATION STUDIES, REVIEWS JOB DESCRIPTIONS AND INTERVIEWS OUTSIDE HUMAN RESOURCE CONSULTANTS. COMPENSATION FOR THE CEO IS APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION OF TOP MANAGEMENT PERSONNEL IS APPROVED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 IMMANUEL RETIREMENT COMMUNITIES DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII: ALL COMPENSATION AND BENEFITS SHOWN FOR DIRECTORS ARE PAID BY IMMANUEL FOR SERVICES PERFORMED AS AN EMPLOYEE FOR IMMANUEL, IMMANUEL RETIREMENT COMMUNITIES OR OTHER RELATED ENTITIES. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OF IMMANUEL RETIREMENT COMMUNITIES ASSUMES THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM PRIOR YEARS. IMMANUEL 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 470733774 CORPORATE SUPPORT NE 501(C)(3) LINE 12B, II N/A 0 IMMANUEL COMMUNITY FOUNDATION 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 470624928 FUNDRAISING NE 501(C)(3) LINE 12C, III-FI SEE STATEMENT 0 IMMANUEL HOME AND COMMUNITY RESOURCES 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 272628802 ELDERLY SERVICES NE 501(C)(3) LINE 10 IMMANUEL 0 PACE IOWA 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 273635343 ELDERLY SERVICES NE 501(C)(3) LINE 10 IMMANUEL HOME & COMMUNITY RESOURCES 0 PACE NEBRASKA 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 273635416 ELDERLY SERVICES NE 501(C)(3) LINE 10 IMMANUEL HOME & COMMUNITY RESOURCES 0 IMMANUEL AFFORDABLE INC 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 470831041 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 10 IMMANUEL 0 IMMANUEL AFFORDABLE II INC 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 800016829 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 10 IMMANUEL 0 IMMANUEL TRINITY AFFORDABLE INC 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 113742894 ELDERLY & LOW INCOME HOUSING NE 501(C)(3) LINE 10 IMMANUEL 0 IMMANUEL LONG TERM CARE 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 462582783 LONG-TERM HEALTH CARE SERVICES NE 501(C)(3) LINE 10 IMMANUEL 0 IMMANUEL COMMUNITY VISION FOUNDATION 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 462693844 SUPPORT NONPROFITS WHOSE MISSIONS ALIGN WITH IMMANUEL NE 501(C)(3) LINE 12B, II IMMANUEL 0 IRC II INC 1044 N 115TH STREET SUITE 500 OMAHA NE 68154 812697102 ELDERLY HOUSING NE 501(C)(3) LINE 10 IMMANUEL 0 0 0 1 1 1 0 0 0 0 1 0 1 1 1 1 1 1 0 0 SCHEDULE R, PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS IMMANUEL COMMUNITY FOUNDATION'S DIRECTORS ARE SELECTED BY THE BOARDS OF DIRECTORS OF THE FOUR ORGANIZATIONS IT SUPPORTS; IMMANUEL RETIREMENT COMMUNITIES, IRC II, INC., IMMANUEL HOME AND COMMUNITY RESOURCES, AND IMMANUEL LONG TERM CARE. EACH OF THESE ORGANIZATIONS IS CONTROLLED BY THEIR SOLE MEMBER, IMMANUEL. SCHEDULE R, PART V, LINE 1A-S: IMMANUEL, A RELATED ENTITY, PAYS INVOICES FOR OPERATING EXPENSES ON BEHALF OF THE CORPORATION AND THE CORPORATION REIMBURSES IMMANUEL FOR AMOUNTS INCURRED. MOST, IF NOT ALL, INTERCOMPANY TRANSACTIONS ARE A RESULT OF THIS CENTRALIZED ACCOUNTING SYSTEM.