2024-05-21T13:04:53-05:00 2023-08-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-09-01 840630940 RESIDENCE AT FRANKLIN PARK INC RESI 9522531459 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 LARS JOHNSON CHIEF FINANCIAL OFFICER 9522531459 2024-05-20 1 LARS JOHNSON 999009999 1 JOHN MELZAREK P02080879 6123764500 2024-05-16 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANNETTE GREELY 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 11301548 0 X WWW.ABHOMES.NET X 1930 CO THE PRIMARY PURPOSE AND ACTIVITY OF THE RESIDENCES AT FRANKLIN PARK IS TO PROVIDE SUPPORT TO NONPROFIT ORGANIZATIONS WHOSE CHARITABLE MISSION IS TO PROVIDE SUPPORT TO CARE FOR THE ELDERLY, LOW INCOME AND DISABLED PERSONS. 15 14 0 15 0 0 0 0 0 0 112606 -1020365 1825 0 114431 -1020365 0 8961090 0 0 0 0 0 0 0 7617 16124 7617 8977214 106814 -9997579 13535900 4303341 0 0 13535900 4303341 THE PRIMARY PURPOSE AND ACTIVITY OF THE RESIDENCES AT FRANKLIN PARK IS TO PROVIDE SUPPORT TO NONPROFIT ORGANIZATIONS WHOSE CHARITABLE MISSION IS TO PROVIDE SUPPORT TO CARE FOR THE ELDERLY, LOW INCOME AND DISABLED PERSONS 0 0 8961090 8961090 0 THE PRIMARY PURPOSE AND ACTIVITY OF THE RESIDENCES AT FRANKLIN PARK IS TO PROVIDE SUPPORT TO NONPROFIT ORGANIZATIONS WHOSE CHARITABLE MISSION IS TO PROVIDE SUPPORT TO CARE FOR THE ELDERLY, LOW INCOME AND DISABLED PERSONS. 8961090 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 1 0 X LARS JOHNSON - CHIEF FINANCIAL OFFICER 9522531459 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 JEFF HONGSLO CEO (THRU MAY 2023) 1.00 39.00 X X 0 367893 36910 MELISSA ZYGARLICKE CFO & TREASURER (THRU MARCH 2023) 1.00 39.00 X 0 205518 9783 ANDREA BLATNIK SECRETARY & VP OF HUMAN RE 1.00 39.00 X 0 182282 4338 ANNETTE GREELY PRESIDENT & CEO 1.00 39.00 X X 0 0 0 LARS JOHNSON CFO & TREASURER 1.00 39.00 X 0 0 0 DEBBIE SETLOCK BOARD CHAIR 1.00 4.00 X X 0 0 0 LARRY VANSPRIELL BOARD CHAIR (THRU APR 2023) 1.00 4.00 X X 0 0 0 RYAN ALLEN TRUSTEE 1.00 4.00 X 0 0 0 JANIS BERRY TRUSTEE 1.00 4.00 X 0 0 0 KEN DEHATE TRUSTEE (THRU AUG 2023) 1.00 2.00 X 0 0 0 MARSHA DENNISTON TRUSTEE 1.00 4.00 X 0 0 0 ASHLEY FORD TRUSTEE 1.00 4.00 X 0 0 0 JUDY FONS TRUSTEE 1.00 4.00 X 0 0 0 BECKY GRUBER TRUSTEE (THRU AUG 2023) 1.00 2.00 X 0 0 0 JIM JOHNSON TRUSTEE 1.00 4.00 X 0 0 0 GEORGE KILLIAN TRUSTEE 1.00 4.00 X 0 0 0 GREG MAMULA TRUSTEE 1.00 4.00 X 0 0 0 RUTH NEIMAN TRUSTEE 1.00 4.00 X 0 0 0 TIM O'BRIEN TRUSTEE 1.00 4.00 X 0 0 0 DAVE RUSSELL TRUSTEE 1.00 4.00 X 0 0 0 BRUCE VAN DER BEEK TRUSTEE 1.00 4.00 X 0 0 0 STEVEN VAN OSTRAN TRUSTEE (THRU DEC 2022) 1.00 4.00 X 0 0 0 BRUCE WHITAKER TRUSTEE 1.00 4.00 X 0 0 0 0 755693 51031 0 0 1 0 0 612599 612599 10688949 12321913 -1632964 -1632964 -1632964 -1020365 0 0 -1020365 8961090 8961090 2120 2120 UNEMPLOYEMENT CLAIMS 13899 13899 MISCELLANEOUS ADMIN 105 105 8977214 8961090 16124 0 535928 14690 0 0 12041461 1615416 958511 2673235 13535900 4303341 0 0 X 13535900 4303341 13535900 4303341 13535900 4303341 -9997579 765020 0 X X 0 1 X 1 0 0 DUE FROM RELATED PARTIES 2673235 2673235 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE STANDARD FOR CONTINGENCIES IN EVALUATING THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. 0 AMERICAN BAPTIST HOMES OF THE MIDWEST 14850 SCENIC HEIGHTS RD STE 125 EDEN PRAIRIE MN 55420 410706155 501(C)3 8961090 0 TO SUPPORT OPERATIONS 1 0 0 0 0 0 0 0 0 0 0 JEFF HONGSLO CEO (THRU MAY 2023) 0 367893 0 0 0 0 0 6100 0 30810 0 404803 0 0 MELISSA ZYGARLICKE CFO & TREASURER (THRU MARCH 2023) 0 202518 0 3000 0 0 0 4222 0 5561 0 215301 0 0 ANDREA BLATNIK SECRETARY & VP OF HUMAN RE 0 179282 0 3000 0 0 0 3659 0 679 0 186620 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT & CEO OF THE RESIDENCES AT FRANKLIN PARK, INC. IS DETERMINED BY AMERICAN BAPTIST HOMES OF THE MIDWEST, A RELATED ORGANIZATION. THE FOLLOWING WERE USED BY AMERICAN BAPTIST HOMES OF THE MIDWEST TO DETERMINE THE PRESIDENT & CEO'S COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. WRITTEN EMPLOYMENT CONTRACT 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF RESIDENCES AT FRANKLIN PARK IS BAPTIST HOME ASSOCIATION OF THE ROCKY MOUNTAINS. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER APPOINTS ALL MEMBERS OF THE BOARD OF TRUSTEES. THE PRESIDENT OF THE SOLE MEMBER IS ALSO A VOTING TRUSTEE OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS, DUTIES, AND RIGHTS RESERVED TO THE MEMBER SHALL BE, BUT ARE NOT LIMITED TO, THE FOLLOWING: A) THE ADOPTION OR AMENDMENT OF MISSION, PHILOSOPHY AND PURPOSE STATEMENTS OF THIS CORPORATION AND ITS SUBSIDIARY CORPORATIONS. B)AMENDMENT, REVISION OR RESTATEMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS OF THIS CORPORATION AND ANY SUBSIDIARY CORPORATIONS. C)MERGER OR CONSOLIDATION OF THIS CORPORATION OR ANY OF ITS SUBSIDIARIES, INTO OR WITH ANY OTHER CORPORATION OR ASSOCIATION, AND THE DISSOLUTION OR OTHERWISE WRAPPING UP OF THE AFFAIRS OF THIS CORPORATION AND/OR ITS SUBSIDIARY CORPORATIONS. D) SALE, LEASE, EXCHAGNE, PLEDGE, ENCUMBRANCE OR OTHER DISPOSITIONS OF ALL, OR SUBSTANTIALLY ALL, OF THIS CORPORATION'S ASSETS OR THE ASSETS OF ANY OF ITS SUBSIDIARY CORPORATIONS. E)THE ESTABLISHMENT OR INCORPORATION OF ANY NEW AFFILIATED ENTITIES, ORGANIZATIONS, OR ASSOCIATIONS OF THIS CORPORATION OR ANY OF ITS SUBSIDIARIES. F)THE INCURRING OF LONG-TERM DEBT BY THIS CORPORATION OR ANY OF ITS SUBSIDIARIES IN AMOUNTS IN EXCESS OF THOSE ESTABLISHED BY THE CORPORATE MEMBER. G) THE APPOINTMENT OR REMOVAL, WITH OR WITHOUT CAUSE, OF MEMBERS OF THE BOARD OF TRUSTEES OF THIS CORPORATION. H)THE APPOINTMENT, EVALUATION AND TERMINATION OF THE PRESIDENT OF THIS CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY THE MANAGEMENT. ONCE A DRAFT OF THE FILING BECOMES AVAILABLE, THE FINANCE COMMITTEE OF AMERICAN BAPTIST HOMES OF THE MIDWEST REVIEWED THE FORM 990 AT THEIR QUARTELY MEETING PRIOR TO FILING. THEY RECEIVED COPIES OF THE DRAFT AND THE DETAIL WAS REVIEWED AT THAT TIME. COPIES OF THE 990 WERE THEN PROVIDED TO THE BOARD MEMBERS OF THE RESIDENCES AT FRANKLIN PARK. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST FORM IS SIGNED BY ALL BOARD TRUSTEES, ADMINISTRATORS, HOME OFFICE DIRECTORS AND VICE PRESIDENTS. AT THAT TIME, ANY POTENTIAL CONFLICT OF INTEREST IS NOTED ON THE FORM. THE INFORMATION IS GIVEN TO THE CEO, BOARD PRESIDENT AND AUDIT COMMITTEE CHAIR. AT THAT TIME, ANY POTENTIAL CONFLICTS ARE REVIEWED. IF A CONFLICT EXISTS, THE CONFLICTED INDIVIDUAL EITHER HAS TO CORRECT THE CONFLICT OF INTEREST OR MUST ABSTAIN FROM PARTICIPATION REGARDING THE CONFLICT OF INTEREST TOPIC. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS A MANAGEMENT REVIEW COMMITTEE THAT REVIEWS THE CEO'S COMPENSATION. THE COMMITTEE DETERMINES ANY COMPENSATION ADJUSTMENTS TO THE CEO. THE CEO, EXECUTIVE DIRECTORS AND OTHER TOP MANAGEMENT POSITIONS ARE COMPARED TO THE MOST RECENT CEMO STUDY TO DETERMINE HOW THEIR COMPENSATION COMPARES TO PEER ORGANIZATIONS. THIS PROCESS LAST INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN 2022. THE CEO DETERMINES ANY COMPENSATION ADJUSTMENTS TO THE SENIOR MANAGEMENT. THIS PROCESS LAST INCLUDED REVIEW AND APPROVAL BY INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE ORGANIZATIONS FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. AMERICAN BAPTIST HOMES OF THE MIDWEST 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 410706155 PROVIDE HOUSING AND CARE FOR THE ELDERLY MN 501(C)(3) LINE 10 N/A 0 BAPTIST HOMES ASSOCIATION OF THE ROCKY MOUNTAINS 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 840528764 PROVIDE HOUSING AND CARE OF THE ELDERLY CO 501(C)(3) LINE 10 ABHM 0 AMERICAN BAPTIST HOMES OF THE MIDWEST FOUNDATION 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 411803304 PHILANTHROPY MN 501(C)(3) LINE 12A, I ABHM 0 BAPTIST HOME ASSOC OF THE ROCKY MOUNTAINS - AFFILIATES 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 742755828 PROVIDE HOUSING AND CARE FOR THE ELDERLY CO 501(C)(3) LINE 10 ABHM BHARM 0 CROSSING AT TUDOR OAKS 14850 SCENIC HEIGHTS ROAD 125 EDEN PRAIRIE MN 55344 203346875 INACTIVE MN 501(C)(3) LINE 10 ABHM 0 DENVER APARTMENT PARTNERS LLC 1535 FRANKLIN STREET DENVER CO 80218 271776678 HOUSING AND CARE FOR THE ELDERLY NE RESIDENCES AT FRANKLIN PARK INC RELATED 0 1 0.01000 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 AMERICAN BAPTIST HOMES OF THE MIDWEST R 8961090 COST AMERICAN BAPTIST HOMES OF THE MIDWEST D 2673235 COST