2024-08-12T09:07:13-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-10-01 760775289 REEDSBURG AREA SENIOR LIFE CENTER INC REED 6085246577 2350 N DEWEY AVENUE REEDSBURG WI 53959 ROBERT VAN MEETEREN CEO 6085246577 2024-08-08 1 0 GREG THELEN P01771735 6123764500 2024-07-29 2022 2024-08-08 14:25:15Z ROBERT VAN MEETEREN 2350 N DEWEY AVENUE REEDSBURG WI 53959 6088018 0 X WWW.RAMCHEALTH.COM X 2004 WI REEDSBURG AREA SENIOR LIFE CENTER PROVIDES COMPASSIONATE, QUALITY AND EFFIECIENT HEALTHCARE. 5 5 0 19 0 0 2791129 1173558 3847365 4899368 313 216 8255 14876 6647062 6088018 7600 14100 0 0 4330329 4779447 0 0 0 1829204 1928410 6167133 6721957 479929 -633939 9104785 8047453 7681451 7122051 1423334 925402 REEDSBURG AREA SENIOR LIFE CENTER, INC. ALWAYS THERE GOING BEYOND THE EXPECTED TO PROVIDE COMPASSIONATE, QUALITY AND EFFICIENT HEALTHCARE. 0 0 5238790 0 4019198 CONSISTS OF A LONG-TERM CARE UNIT, COMMUNITY BASED RESIDENTIAL FACILITY (CBRF) AND AN APARTMENT STYLE ASSISTED LIVING FACILITY LOCATED ON THE REEDSBURG AREA MEDICAL CENTER CAMPUS. RASLC IS DESIGNED WITH A NEIGHBORHOOD CONCEPT, SO ALL RESIDENTIAL LIVING WINGS EXTEND FROM THE MAIN STREET AND TOWN SQUARE AREA. RIDGEVIEW TERRACE, A LONG-TERM CARE UNIT LIVING FACILITY, OFFERS LARGE, PRIVATE ROOMS IN TWO DIFFERENT NEIGHBORHOODS, AS DOES RIDGEVIEW TRAILS (CBRF). BETWEEN THE TWO UNITS THERE ARE 49 LICENSED BEDS. DURING THE FISCAL YEAR ENDING 09/30/23, RASLC PROVIDED CARE FOR 7,661 LONG-TERM CARE RESIDENT DAYS AND 6,398 CBRF RESIDENT DAYS. 1074815 0 880170 A 24-APARTMENT ASSISTED LIVING FACILITY; CONSISTS OF STUDIO AND ONE-BEDROOM APARTMENTS. SERVICES WERE PROVIDED TO 7,340 ASSISTED LIVING RESIDENT DAYS DURING FISCAL YEAR 2023. 14100 14100 0 RAMC PROVIDES SCHOLARSHIPS AND TUITION ASSISTANCE TO EMPLOYEES PURSUING HEALTH-CARE RELATED HIGHER EDUCATION. THIS ASSISTANCE IS MADE AVAILABLE TO EMPLOYEES FOR STUDIES WHERE PROFESSIONAL STAFF ARE NEEDED AND THE DEMAND FOR THESE POSITIONS IS GREATER THAN THE SUPPLY AVAILABLE. USUALLY, THE SHORTAGE IS NOT ONLY SEEN LOCALLY, BUT ALSO SATE AND NATION WIDE. THE INTENTION IS TO HAVE THESE TRAINED PROFESSIONALS CONTINUE AT RAMC WITHIN THEIR NEW POSITION, ACCOMPLISHING OUR MISSION AND COMMITMENT TO PROVIDING HIGH-QUALITY, LOCAL CARE FOR OUR COMMUNITY. PROOF OF THE COST OF TUITION AND SUCCESSFUL COURSE COMPLETION ARE REQUIRED. 6327705 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X BARRY BORCHERT 6085246487 2000 NORTH DEWEY AVENUE REEDSBURG WI 53959 PHIL PETERSON CHAIRMAN 0.50 X X 250 0 0 DEREK HORKAN SECRETARY AND TREASURER 0.50 X X 250 0 0 JUDY BASS DIRECTOR 0.50 X 200 0 0 TAMMY KOENECKE DIRECTOR 0.50 X 250 0 0 KATHY SCHWARTZ DIRECTOR 0.50 X 300 0 0 KATY PRANGE DIRECTOR 0.50 X 0 0 0 ROBERT VAN MEETEREN PRESIDENT/CEO 0.50 X 0 0 0 BARRY BORCHERT CFO 0.50 X 0 0 0 1250 0 0 0 0 0 0 REEDSBURG AREA MEDICAL CENTER 2000 N DEWEY REEDSBURG WI 53959 PAYROLL SERVICES & OTHER EXPENSES 3325939 1 58734 1114824 1173558 NET RESIDENT SVC REV 623110 4899368 4899368 4899368 216 216 BEAUTY SHOP 621311 8462 8462 CAFETERIA REVENUE 623110 6414 6414 14876 6088018 4899368 0 15092 X 14100 14100 3671326 3435608 235718 120565 112824 7741 723828 677355 46473 263728 246863 16865 743601 669604 73997 80710 77076 3634 151827 151827 14189 11978 2211 212227 212227 364648 364648 42179 42179 MEDICAL SUPPLIES 228575 227831 744 DUES & LICENSES 74343 74168 175 OTHER EXPENSES 16111 9417 6694 6721957 6327705 394252 0 220827 120126 728951 278768 26384 22047 12573384 6014849 6841489 6558535 1287134 1067977 9104785 8047453 407498 369735 7253163 6730904 20790 21412 7681451 7122051 X 136200 -142575 1287134 1067977 1423334 925402 9104785 8047453 X -633939 136007 X X 0 1 X 1 0 X 1611830 2265531 1852457 2791129 1173558 9694505 4221377 3236976 3189694 3847365 4899368 19394780 5833207 5502507 5042151 6638494 6072926 29089285 0 0 0 29089285 241 104 245 313 216 1119 241 104 245 313 216 1119 42915 17745 5036 8255 14876 88827 5876363 5520356 5047432 6647062 6088018 29179231 0.99690 0.99520 0.00000 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CAFETERIA AND MEALS - 2018 AMOUNT: $ 23,485. 2019 AMOUNT: $ 3,369. 2020 AMOUNT: $ 459. 2021 AMOUNT: $ 538. 2022 AMOUNT: $ 6,414. OTHER REVENUE - 2018 AMOUNT: $ 2,373. 2019 AMOUNT: $ 3,446. 2020 AMOUNT: $ 341. 2021 AMOUNT: $ 1,152. BEAUTY SHOP - 2018 AMOUNT: $ 17,057. 2019 AMOUNT: $ 10,930. 2020 AMOUNT: $ 4,236. 2021 AMOUNT: $ 6,565. 2022 AMOUNT: $ 8,462. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 230000 230000 10698068 4653150 6044918 28802 28802 672219 538316 133903 944295 823383 120912 6558535 INTEREST NET ASSETS OF FOUNDATION 1067977 1067977 X PART IV, LINE 2B: THE RESIDENT DEPOSITS REPRESENT SECURITY DEPOSITS FROM THE ASSISTED LIVING RESIDENTS. THE RESIDENTS PUT DOWN A $1,000 DEPOSIT WHEN THEY ENTER THE APARTMENT AND IT WILL BE RETURNED WHEN THEY LEAVE AFTER INSPECTION OF THE APARTMENT OR ANY PAYMENTS DUE TO THE SLC. PART X, LINE 2: THE CORPORATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. THE CORPORATION IS ALSO EXEMPT FROM STATE INCOME TAXES ON RELATED INCOME. IN ORDER TO ACCOUNT FOR ANY UNCERTAIN TAX POSITIONS, THE CORPORATION ASSESS WHETHER IT ISMORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD, THE BENEFIT OFTHE TAX POSITION IS NOT RECOGNIZED IN THE COMBINED FINANCIAL STATEMENTS. THE CORPORATION RECORDED NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS IN 2023 AND 2022. 1 TUITION ASSISTANCE 1 3600 FMV STIPENDS 9 10500 FMV PART I, LINE 2: RAMC PROVIDES SCHOLARSHIPS AND TUITION ASSISTANCE TO EMPLOYEES PURSUING HEALTH-CARE RELATED HIGHER EDUCATION. THIS ASSISTANCE IS MADE AVAILABLE TO EMPLOYEES FOR STUDIES WHERE PROFESSIONAL STAFF ARE NEEDED AND THE DEMAND FOR THESE POSITIONS IS GREATER THAN THE SUPPLY AVAILABLE. USUALLY, THE SHORTAGE IS NOT ONLY SEEN LOCALLY, BUT ALSO SATE AND NATION WIDE. THE INTENTION IS TO HAVE THESE TRAINED PROFESSIONALS CONTINUE AT RAMC WITHIN THEIR NEW POSITION, ACCOMPLISHING OUR MISSION AND COMMITMENT TO PROVIDING HIGH-QUALITY, LOCAL CARE FOR OUR COMMUNITY. PROOF OF THE COST OF TUITION AND SUCCESSFUL COURSE COMPLETION ARE REQUIRED. A WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 97710BXP2 2014-02-19 7500000 REFUND SERIES 2010 BONDS 0 0 0 A 2759904 7500000 7500000 2006 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/08/2019 FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT SERVICES, INCLUDING THOSE OF THE CEO AND CFO, ARE PROVIDED BY REEDSBURG AREA MEDICAL CENTER. FORM 990, PART VI, SECTION A, LINE 6 THE ARTICLES OF INCORPORATION OF RASLC, INC. PROVIDES FOR ONE MEMBER. THE SOLE CORPORATE MEMBER OF RASLC, INC, IS RASLC, LLC. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION OF THE FORM 990, MANAGEMENT REVIEWED FOR ACCURACY AND COMPLETENESS. UPON APPROVAL, IT WAS PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANUALLY, THE PRESIDENT OF THE BOARD OF DIRECTORS OF THE ORGANIZATION SHALL SEND TO ALL BOARD MEMBERS A COPY OF THE CONFLICT OF INTEREST POLICY STATEMENT, TOGETHER WITH AN EXPLANATION AND A QUESTIONAIRE WHICH IS TO BE COMPLETED AND RETURNED TO HIM. THE PRESIDENT IS IN CHARGE OF TAKING APPROPRIATE ACTION WITH RESPECT TO SUCH REPORTED CONFLICTS. IT IS THE RESPONSIBILITY OF THE BOARD MEMBERS TO MAKE FULL DISCLOSURE OF ANY INTEREST WHICH MIGHT RESULT IN A CONFLICT ON THEIR PART. IN ANY DEALING WHICH MIGHT AFFECT THE ORGANIZATION, BOARD MEMBERS SHALL DISCLOSE POSSIBLE CONFLICT, AND SHALL NOT PARTICIPATE IN THE DISCUSSION OF THE BOARD OR THE ORGANIZATION ACTION RELATED TO SUCH DEALING. BOARD MEMBERS MAY PARTICIPATE TO THE EXTENT OF RESPONDING TO RELATED CONCERNS AND QUESTIONS RAISED. FORM 990, PART VI, SECTION B, LINE 15A INDEPENDENT WAGE AND SALARY SURVEYS ARE USED FOR ALL KEY EMPLOYEES, INCLUDING PRESIDENT/CEO. VENDORS USED ARE THE RURAL WISCONSIN HEALTH COOPERATIVE AND WISCONSIN HOSPITAL ASSOCIATION. THE BOARD OF DIRECTORS REVIEWS AND APPROVED THE COMPENSATION OF THE CEO. EXECUTIVE COMMITTEE DOES THE EVALUATION AND CHAIR MEETS WITH THE CEO; MINUTES ARE KEPT IN THE RAMC BOARD MINUTE JOURNAL. THE CEO REVIEW AND APPROVES THE COMPENSATION OF OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 15B: INDEPENDENT WAGE AND SALARY SURVEYS FROM THE RURAL WISCONSIN HEALTH COOPERATIVE AND WISCONSIN HOSPITAL ASSOCIATION ARE USED TO DETERMINE APPROPRIATE WAGE RATES. THE CEO REVIEWS AND APPROVES THE COMPENSATION OF THE OTHER KEY EMPLOYEES. THIS PROCESS WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 542,242. MANAGEMENT AND GENERAL EXPENSES 53,518. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 595,760. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 24,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,512. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 102,850. MANAGEMENT AND GENERAL EXPENSES 20,479. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 123,329. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 136,007. FORM 990, PART XII, LINE 2C THE PROCESS FOR SELECTION AND OVERSIGHT OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. REEDSBURG AREA MEDICAL CENTER FOUNDATION LTD 2090 RIDGEVIEW DR REEDSBURG WI 53959 391243616 FUNDRAISING WI 501(C)(3) LINE 12C, III-FI N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0