2024-08-13T17:39:02-05:00 2023-09-30 Forvis Mazars LLP 14241 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 990 2022-10-01 472890521 The Legacy Midtown Park Inc % SCOTT SNORTON LEGA 9724686176 8260 Manderville Lane Suite 300 Dallas TX 75231 Scott Snorton CFO 9724686176 2024-08-15 true Noelle Alberto P01704142 9727028262 2022 2024-08-08 14:25:15Z MELISSA ORTH 8260 MANDERVILLE LANE STE 300 DALLAS TX 75231 41931607 false X THELEGACYSENIORCOMMUNITIES.ORG X 2015 TX PROVIDE A CONTINUUM OF CARE TO SENIORS AND THEIR FAMILIES WITH COMPASSION AND DIGNITY, WHILE EMBRACING JEWISH VALUES AND UPHOLDING THE HIGHEST STANDARDS OF EXCELLENCE. 17 16 416 16 0 0 1404868 4212457 18160181 28045605 75233 376363 403968 397373 20044250 33031798 0 0 0 0 11872801 15525717 0 0 0 23960470 23608543 35833271 39134260 -15789021 -6102462 166564429 165097081 164254980 167021070 2309449 -1923989 DEVELOP A CONTINUING CARE RETIREMENT COMMUNITY THAT WILL PROVIDE A CONTINUUM OF CARE, AND THEN SERVE SENIORS AND THEIR FAMILIES WITH COMPASSION AND DIGNITY WHILE EMBRACING JEWISH VALUES AND UPHOLDING THE HIGHEST STANDARDS OF EXCELLENCE. false false 34525227 28442978 1. OPERATED AN INDEPENDENT LIVING FACILITY FOR THE BENEFIT OF ITS INDEPENDENT LIVING RESIDENTS. PROVIDED ALL OF THE SERVICES NECESSARY FOR AN INDEPENDENT LIVING FACILITY, INCLUDING DINING, LIFESTYLE, HOUSEKEEPING AND MAINTENANCE SERVICES. 2. OPERATED AN ASSISTED LIVING FACILITY AND MEMORY SUPPORT FACILITY FOR THE BENEFIT OF ITS RESIDENTS, INCLUDING DINING, LIFESTYLE, NURSING, HOUSEKEEPING AND MAINTENANCE SERVICES. 3. OPERATED A NURSING FACILITY FOR THE BENEFIT OF ITS PATIENTS. PROVIDED ALL OF THE SERVICES NECESSARY FOR A NURSING FACILITY, INCLUDING DINING, LIFESTYLE, REHABILITATION, HOUSEKEEPING AND MAINTENANCE SERVICES. 34525227 true true false false false false false false true false true false false false true false true true false false false false false false false false false false false true true true false false false false true false false false false false false false false false true true false false false true 95 0 true 416 true false false false false false false false false false false false false X 17 16 true false true false true true true true true false false false true true true true true true true false X SCOTT SNORTON 9724686176 8260 MANDERVILLE LANE STE 400 DALLAS TX 75231 X Melissa Orth LSC President/CEO 11.0 29.0 X X 0 556363 22248 Terry Purchal CFO 5.0 35.0 X 0 247383 20779 Alyssa Adam CMO 10.0 30.0 X 0 176194 26696 Chip Brownlee Executive Director LMP 40.0 0.0 X 0 177946 14751 Bridgette M Walshe COO 10.0 30.0 X 0 169954 1772 Dana Hanks Sales Director 40.0 0.0 X 152196 0 13961 Laura Zych senior DIRECTOR OF FINANCE 10.0 30.0 X 0 153644 12239 Renee Anderson Senior Director of HR 10.0 30.0 X 0 160348 4043 Wesley Helms Associate ED Health Service 40.0 0.0 X 152343 0 10885 Mark Blankenship Senior Director of Facilities 20.0 20.0 X 0 140927 20567 Matt Geers Sr Director of IT 10.0 30.0 X 0 143409 13316 SHARON LEVIN CHAIR - LMP 1.0 2.0 X X 0 0 0 Carol Aaron Trustee 1.0 2.0 X 0 0 0 Jack Baum Trustee 1.0 0.0 X 0 0 0 Bruce Bernbaum Trustee 1.0 0.0 X 0 0 0 Michael Cohen Trustee 1.0 1.0 X 0 0 0 Bill Finkelstein Trustee 1.0 0.0 X 0 0 0 Doug French Trustee 1.0 1.0 X 0 0 0 Marion Glazer TRUSTEE 1.0 2.0 X 0 0 0 Mark Kreditor Trustee 1.0 0.0 X 0 0 0 Bradley Laye Trustee 1.0 1.0 X 0 0 0 Buddy Rosenthal Trustee 1.0 1.0 X 0 0 0 Andrea Skibell TRUSTEE 1.0 0.0 X 0 0 0 Mark Zale TRUSTEE 1.0 0.0 X 0 0 0 Oren Zebaida TRUSTEE 1.0 0.0 X 0 0 0 Fraser Marcus LSC Chair 2.0 1.0 X X 0 0 0 Irving Prengler LSC Chair Elect 2.0 1.0 X X 0 0 0 Harley Cohen SECRETARY 1.0 4.0 X X 0 0 0 304539 1926168 161257 6 false true false On Demand Staffing PO Box 59307 DALLAS TX 75229 Staffing 470344 Lanza Final Clean LLC 5840 Spring Valley Road 503 DALLAS TX 75254 Cleaning Services 445238 Kare Technologies PO Box 4738 HOUSTON TX 77210 Staffing 385873 Tegan Digital 5040 Addison Circle Suite 5757 ADDISON TX 75001 Marketing/media svs 254518 Techscape 9800 Brockbank Drive DALLAS TX 75220 Landscape services 179203 10 1586774 2580788 44895 4212457 Patient Service Revenue 621610 28045605 28045605 28045605 375809 375809 0 0 0 0 0 8900363 8899809 554 554 554 0 0 0 0 0 0 0 0 0 Sundry Income 900099 342626 342626 AMORTIZATION OF NONREFUNDABLE ENTRANCE FEES 900099 54747 54747 397373 33031798 28442978 376363 0 0 0 0 0 0 13335679 12096293 1239386 205892 186565 19327 877718 795326 82392 1106428 1002567 103861 1372755 1372755 263295 263295 71704 71704 0 0 2376 2376 1477626 1014269 463357 492181 418034 74147 658545 559335 99210 322499 273915 48584 0 940830 859443 81387 16319 13861 2458 0 303276 257587 45689 8572127 8572127 0 4865835 4826824 39011 545151 497992 47159 FOOD 1984618 1685635 298983 REPAIRS & MAINTENANCE 674330 572742 101588 MEDICAL SUPPLIES 519372 439295 80077 EMPLOYEE RELATIONS 169035 143570 25465 356669 309847 46822 39134260 34525227 4609033 0 573298 4156431 0 0 1562802 403545 653633 796592 0 0 0 0 0 0 16127 102863 452433 335161 159372920 13512020 150386556 145860900 11226516 11254337 0 0 0 0 0 0 1693064 2187252 166564429 165097081 3658318 4205997 0 0 198243 147843 137082354 66734724 0 5000 14000000 13780000 1979946 70537150 0 0 7336119 11610356 164254980 167021070 X 746654 -1923989 1562795 0 2309449 -1923989 166564429 165097081 X -6102462 -17388 1886412 X false true X true false X 465421 2266053 809318 1404868 4212457 9158117 41902 6494422 18564149 28442978 53543451 0 0 0 465421 2307955 7303740 19969017 32655435 62701568 500 1500000 358571 1210508 1586774 4656353 58965 58965 500 1500000 417536 1210508 1586774 4715318 57986250 482903 19823 95754 75559 375809 1049848 0 482903 19823 95754 75559 375809 1049848 0 0 948324 2327778 7399494 20044576 33031244 63751416 0.90957 0.84130 0.01647 0.02900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 8032422 8032422 144999618 10151601 134848017 6217449 3352906 2864543 123431 7513 115918 145860900 0 Resident Depostis 33000 Intercompany Payables 7805503 Refundable Entrance Fees 3108600 NONREFUNDABLE ENTRANCE FEES 663253 11610356 33270242 -17388 1668957 1651569 31618673 2376 1410749 1413125 33031798 39086022 39086022 2376 45862 48238 39134260 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE: MANAGEMENT HAS EVALUATED INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2D RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: Change in Swap Agreement $ 457,412 Bad Debt Expense (45,862) NET ASSETS RELEASED FROM RESTRICTION FOR OPERATIONS 1,257,407 -------------- Total $1,668,957 Schedule D, Part XI, Line 4B RECONCILIATION OF REVENUE PER AUDITED FINANCIAL STATEMENTS WITH RETURN: ADDITIONAL CONTRIBUTIONS WITH RESTRICTIONS $1,410,749 Schedule D, Part XII, LINE 4B RECONCILIATION OF EXPENSES PER AUDITED FINANCIAL STATEMENTS WITH RETURN: BAD DEBT EXPENSE $45,862 SCHEDULE D, PART IV, LINE 2A ESCROW ACCOUNT LIABILITY: THE ORGANIZAITON IS THE CUSTODIAN OF LIFEPLAN DEPOSIT FUNDS FOR CERTAIN RESIDENTS. false true false false false false false false false Melissa Orth LSC President/CEO 556363 0 0 9150 13098 578611 0 Terry Purchal CFO 246493 400 490 7681 13098 268162 0 Chip Brownlee Executive Director LMP 177321 400 225 5439 9312 192697 0 Alyssa Adam CMO 175794 400 0 5866 20830 202890 0 Laura Zych senior DIRECTOR OF FINANCE 152973 400 271 4632 7607 165883 0 Renee Anderson Senior Director of HR 159852 400 96 4043 0 164391 0 Mark Blankenship Senior Director of Facilities 140325 400 202 4534 16033 161494 0 Dana Hanks Sales Director 88895 63000 301 4649 9312 166157 0 Wesley Helms Associate ED Health Service 150967 1200 176 3278 7607 163228 0 Bridgette M Walshe COO 169879 75 0 1772 0 171726 0 Matt Geers Sr Director of IT 143038 200 171 3655 9661 156725 0 SCHEDULE J, PART I, LINE 3 METHODS USED BY RELATED ORGANIZATION TO ESTABLISH COMPENSATION: THE LEGACY SENIOR COMMUNITIES USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: - APPROVAL BY MANAGEMENT OR BOARD OF THE LEGACY SENIOR COMMUNITIES, INC. Schedule J, Part 1, Line 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN PARTICIPATION: THE 457(F) IS A DEFERRED COMPENSATION PLAN THAT ALLOWS LEGACY TO CONTRIBUTE MONEY ON A PRE-TAX BASIS INTO INVESTMENTS THAT PROVIDE KEY EXECUTIVE WITH A RETIREMENT BENEFIT. ALL CONTRIBUTIONS REMAIN AN ASSET OF THE COMPANY UNTIL DISTRIBUTED. MELISSA ORTH PARTICIPATES IN THE 457(F) PLAN BUT NO PAYMENTS WERE MADE IN FY 2023. A NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CO 472890521 64542UDY7 2018-09-04 65875000 ENABLE ISSUER TO CONSTRUCT, OWN AN false false false B NEW HOPE CULTURAL education FACILITIES FINANCE CO 472890521 64542UEA8 2018-09-04 4000000 ENABLE ISSUER TO CONSTRUCT, OWN AN false false false A 0 0 65875000 7664370 6460286 0 1269414 0 0 50152465 328465 0 2021 false false true true B 0 0 4000000 465389 392275 0 77080 0 0 3045311 19945 0 2021 false false true true A false false false false 0 false false false true B false false false false 0 false false false true A false false false true false false 0 false 0 false false B false false false true false false 0 false 0 false false A true B true SCHEDULE K, PART IV, LINE 2C REBATE COMPUTATION: THE ARBITRAGE CALCULATION WAS COMPLETED SEPTEMBER 2023. STEVE AARON SPOUSE - BOARD CHAIR CONSTRUCTION X 14000000 13780000 false true true 13780000 FORM 990, PART VI, SECTION A, LINE 2 RELATIONSHIPS: TRUSTEE CAROL AARON AND TRUSTEE DOUG FRENCH HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS/STOCKHOLDERS OF THE ORGANIZATION: THE SOLE MEMBER OF THE CORPORATION IS THE LEGACY SENIOR COMMUNITIES, INC. FORM 990, PART VI, SECTION A, LINE 7A PERSONS WHO HAD POWER TO ELECT OR APPOINT TO THE GOVERNING BODY: THE CHAIRPERSON AND THE PRESIDENT OF THE MEMBER, THE LEGACY SENIOR COMMUNITIES, INC., APPOINT ALL OF THE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS OF THE ORGANIZATION RESERVED TO MEMBERS: THE EXERCISE OF THE FOLLOWING RESERVED POWERS SHALL REQUIRE THE CONSENT OF THE MEMBER: I. THE INCURRENCE OF ANY INDEBTEDNESS BY THE CORPORATION FOR BORROWED MONEY FROM THIRD PARTIES II. ANY MERGER, CONSOLIDATION, LIQUIDATION, DISSOLUTION OR SALE OF SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION III. ANY ACQUISITION OR TRANSFER OF ANY INTEREST IN REAL PROPERTY BY THE CORPORATION IV. ANY ACQUISITION OR TRANSFER OF ANY INTEREST IN PERSONAL PROPERTY OTHER THAN IN THE ORDINARY COURSE OF BUSINESS. The board of The Legacy Midtown Park oversees the governing of the organization and reports to the Legacy Senior Communities, Inc board which has the ultimate control over governance. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED TO REVIEW FORM 990: THE 990 IS REVIEWED BY MANAGEMENT, AN EXTERNAL TAX FIRM, THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE LEGACY SENIOR COMMUNITIES AND THE BOARD OF TRUSTEES OF THE LEGACY SENIOR COMMUNITIES. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING CONFLICT OF INTEREST POLICY: MANAGEMENT MONITORS THE POLICY AND DISCLOSES POTENTIAL CONFLICTS TO THE AUDIT AND RISK MANAGEMENT COMMITTEE OF THE LEGACY SENIOR COMMUNITIES FOR EVALUATION AND RECOMMENDATION FOR ACTION. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS FOR DETERMINING COMPENSATION: EXECUTIVE DIRECTOR COMPENSATION IS DETERMINED ANNUALLY BY THE CEO BASED UPON LOCAL MARKET COMPETITION, AND ALSO BY THAT PERSON'S PRIOR EXPERIENCE AND COMPENSATION. PROJECT DIRECTOR COMPENSATION WAS DETERMINED PRIMARILY BY THAT PERSON'S PRIOR COMPENSATION, AND ALSO BY THE PROJECT SCOPE. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES WAS ALSO DETERMINED BY THE CEO BASED UPON LOCAL MARKET COMPETITION, AND BY THAT PERSON'S PRIOR EXPERIENCE AND COMPENSATION. DOCUMENTATION OF THE REVIEWS ARE KEPT IN THE EMPLOYEE FILES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other Changes in Net Assets: THE Changes in net assets includes the UNREALIZED GAIN ON THE CHANGE IN THE FAIR VALUE OF THE INTEREST RATE SWAP AGREEMENTS, which WAS $457,412 FOR THE YEAR ENDED SEPTEMBER 30, 2023, and $1,429,000 permanent transfers of assets from The Legacy at Home, Inc. FORM 990, PART VI, SECTION A, LINE 4 SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS: THE BYLAWS WERE AMENDED SEPTEMBER 2023. THE UPDATED BYLAWS CLARIFIED THE DIFFERENCE IN GOVERNANCE POWERS BETWEEN THE ORGANIZATION'S BOARD AND THE BOARD OF THE SOLE MEMBER, LEGACY SENIOR COMMUNITIES, INC. THE LEGACY SENIOR COMMUNITIES INC 8260 MANDERVILLE LANE ste 300 DALLAS TX 75231 030435268 MGMT SVCS TX 501(C)(3) 12C NA false THE LEGACY SENIOR COMMUNITIES FDN 8260 MANDERVILLE LANE ste 300 DALLAS TX 75231 752411609 SUPPORT FDTN TX 501(C)(3) 12A NA false THE LEGACY AT HOME INC 8260 MANDERVILLE LANE ste 300 DALLAS TX 75231 272578115 HOME HEALTH TX 501(C)(3) 10 LSC true THE LEGACY WILLOW BEND INC 8260 MANDERVILLE LANE ste 300 DALLAS TX 75231 202803956 RETIREMENT CO TX 501(C)(3) 10 LSC true false false true false true false false false false false false false false true true true true true true The Legacy at Home Inc S 1429000 FMV