The Reutlinger Community

“Eskaton properties, inc. Performs the organization's management duties through common officers and key employees.”

“The organization has one corporate member. As a subsidiary corporation to the corporate member, all of the assets of the organization would be received by the corporate member upon dissolution.”

“The organization's sole corporate member has the power to appoint all directors other than the president of the corporation.”

“The sole member retains approval rights in regard to any potential changes that would materially and adversely affect the voting or transfer membership of the sole member as well as any changes to the number of directors and creating proxy rights.”

“Data to prepare the form 990 is gathered by the eskaton director of budget and financial analysis. The return is prepared by a professional accounting firm and reviewed by the director of budget and financial analysis, as well as the cfo. The final form 990 is signed by the cfo.”

“Officers and directors are required to annually disclose their potential conflicts of interest. The ceo and board chair meet to review any conflicts that are disclosed by board members to determine if the conflicts rise to the level that would require abstention from discussion and voting. Directors abstain from voting and do not participate in discussion of board actions related to potential conflicts of interest.”

“The board of directors uses a third party professional consultant to gather data from a wide range of comparable organizations every two years. A compensation committee made up of the board of directors reviews the third party professional consultant's report and submits the proposed compensation to the full board for approval at its annual february meeting. The compensation amount is recorded in the original minutes of the compensation committee and the board. The board reviews and approves the compensation for the ceo annually. For other highly compensated employees, compensation is determined by the ceo based on annual data from surveys of comparable organizations.”

“The reutlinger community governing documents and conflict of interest policy are not routinely available to the public. The reutlinger community financial statements are made available to the public upon request.”

“Form 990, page 1, heading, box a: the beginning of the period was corrected to report july 1, 2020. Form 990, part i, lines 20-22: the total assets, liabilities, and net assets were updated to reflect corrected amounts from form 990, part x, column (b). Form 990, part iii, line 4a: the program service revenue amount was updated to the correct figure. Form 990, part iv, lines 11e and 11f: these were corrected and answered yes. Form 990, part iv, lines 12a and 12b: these were corrected and answered yes. Form 990, part iv, lines 34, 35a, and 35b: these were corrected and answered yes. Form 990, part vi, line 1b: this was corrected to report 11 independent voting members. Form 990, part vi, lines 3, 6, 7a and 7b: these were corrected and answered yes. Form 990, part vi, line 10a: this was corrected and answered no. Form 990, part vii, section a: b. Morrow was changed from a former officer to a key employee; a board term date was added for k. Robison. Form 990, part vii, section a, line 3: this was corrected and answered no. Form 990, part viii, line 2: the business codes for related revenue activities were updated to 623311. Form 990, part x, column (b), lines 1, 4, 8, 9, 10a, 10b, 10c, 14, 15, and 16: these were corrected to report the audited balances for assets. Form 990, part x, column (b), lines 17, 25, and 26: these were corrected to report the audited balances for liabilities. Form 990, part x, column (b), line 27: this line was corrected to report the audited net assets without donor restriction. Form 990, part xi, line 9: this line was corrected to reflect the other changes in net assets including (a) the write-up of fixed assets pursuant to appraisal as a result of the affiliation agreement with eskaton; (b) adjustment of contribution receivable to fair value; (c) loss on involuntary conversion; and (d) other change in net assets as a result of affiliation. Form 990, part xi, line 10: this line was corrected to report the adjusted net asset total. Form 990, part xii, line 2b: the box for "both consolidated and separate basis" was checked and the box for "separate basis" was unchecked. Schedule a, part iii, line 1, column (e): this was corrected to report the balance for contributions. Schedule a, part iii, line 7a: the contributions from disqualified persons was added for columns (a) - (e). Schedule a, part iii, line 10a, columns (d) and (e): the amounts were corrected to report the gross interest, dividends for these tax years. Schedule a, part iii, line 12, columns (a), (c), and (d): the amounts were removed. Schedule a, part iii, lines 15 and 17: the public support percentage and investment income percentages were updated to reflect the changes to schedule a, part iii, lines 1, 7a, 10a, and 12. Schedule a, part vi: the narrative for the short period reported in schedule a, part iii, column (e) was added. Schedule d, part v, lines 2a, 2b and 2c: the endowment percentages for board designated or quasi-endowment, permanent endowment, and term endowment were added. Schedule d, part vi, lines 1a-1e, columns (b), (c), and (d): these were updated to reflect the write-up of the fixed assets pursuant to appraisal as a result of the affiliation. Schedule d, part x, line 1: the detail for other liabilities from form 990, part x, line 25 was added. Schedule d, part x, line 2: the box was checked for the fasb asc 740 disclosure added to schedule d, part xiii. Schedule d, parts xi and xii: the information for the reconciliation of revenue and expenses per audited financial statements with revenue and expenses per return was added. Schedule d, part xiii: the narrative for form 990, part iv, line 11f and schedule d, part x, line 2 was added. Schedule j, part i, lines 4b and 7: these were corrected and answered yes. Schedule j, part iii: the narratives for schedule j, part i, line 3, line 4b, and line 7 were added. Schedule o: the narratives for form 990, part vi, lines 3, 6, 7a, and 7b were added. Schedule o: the narrative for form 9”

“Write-up of fixed assets pursuant to appraisal as a result of affiliation 19,845,250. Adjustment of contribution receivable to fair value 29,390. Loss on involuntary conversion -102,924. Other change in net assets as a result of affiliation -383,960.”

“The standalone audited financial statements covered the period from april 21, 2020 through december 31, 2020. The consolidated audited financial statements include the activity for the period april 21, 2020 through december 31, 2020. The 2020 form 990 covered the period from july 1, 2020 to december 31, 2020.”