2025-07-30T07:13:10-05:00 2024-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-10-01 760775289 REEDSBURG AREA SENIOR LIFE CENTER INC REED 6085246577 2350 N DEWEY AVENUE REEDSBURG WI 53959 ROBERT VAN MEETEREN CEO 6085246577 2025-07-29 1 0 GREG THELEN P01771735 6123764500 2025-07-29 2023 2025-03-06 01:10:19Z ROBERT VAN MEETEREN 2350 N DEWEY AVENUE REEDSBURG WI 53959 6806081 0 X WWW.RAMCHEALTH.COM X 2004 WI REEDSBURG AREA SENIOR LIFE CENTER PROVIDES COMPASSIONATE, QUALITY AND EFFIECIENT HEALTHCARE. 6 6 0 18 0 0 1173558 1421748 4899368 5358742 216 563 14876 25028 6088018 6806081 14100 3600 0 0 4779447 4743339 0 0 0 1928410 1915657 6721957 6662596 -633939 143485 8047453 7856574 7122051 6598990 925402 1257584 REEDSBURG AREA SENIOR LIFE CENTER, INC. ALWAYS THERE GOING BEYOND THE EXPECTED TO PROVIDE COMPASSIONATE, QUALITY AND EFFICIENT HEALTHCARE. 0 0 5344541 0 4507441 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 09/30/24, RASLC PROVIDED CARE FOR 7,887 LONG-TERM CARE RESIDENT DAYS AND 7,794 CBRF RESIDENT DAYS. 913167 0 851301 A 24-APARTMENT ASSISTED LIVING FACILITY; CONSISTS OF STUDIO AND ONE-BEDROOM APARTMENTS. SERVICES WERE PROVIDED TO 6,618 ASSISTED LIVING RESIDENT DAYS DURING FISCAL YEAR 2024. 3600 3600 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 STATE AND NATIONWIDE. 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. 6261308 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 0 1 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 6 6 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X BARRY BORCHERT 6085246487 2000 N DEWEY AVE REEDSBURG WI 53959 PHIL PETERSON CHAIRMAN 0.50 0.00 X X 300 0 0 DEREK HORKAN SECRETARY AND TREASURER 0.50 0.00 X X 50 0 0 JUDY BASS DIRECTOR 0.50 0.00 X 200 0 0 TAMMY KOENECKE SECRETARY AND TREASURER 0.50 0.00 X X 300 0 0 KATHY SCHWARTZ DIRECTOR 0.50 0.00 X 200 0 0 KATY PRANGE DIRECTOR 0.50 0.00 X 0 0 0 RYAN SHEAR VICE PRESIDENT 40.00 0.50 X 0 0 0 ROBERT VAN MEETEREN PRESIDENT/CEO 0.50 0.00 X 0 0 0 BARRY BORCHERT CFO 0.50 0.00 X 0 0 0 HEATHER FRANK DIRECTOR OF NURSING 40.00 0.00 X 0 0 0 KATHY BORUD REGISTERED NURSE 40.00 0.00 X 0 0 0 TINA LYONS REGISTERED NURSE 40.00 0.00 X 0 0 0 KATHY KINSMAN RESIDENT CARE COORDINATOR 40.00 0.00 X 0 0 0 1050 0 0 0 0 0 1 REEDSBURG AREA MEDICAL CENTER 2000 N DEWEY REEDSBURG WI 53959 PAYROLL SERVICES & OTHER EXPENSES 4545000 1 33982 1387766 1421748 RESIDENT SERVICE REVEN 623110 5358742 5358742 5358742 263 263 300 0 300 300 300 CAFETERIA REVENUE 623110 12701 12701 BEAUTY SHOP 621311 12327 12327 25028 6806081 5358742 0 25591 X 3600 3600 700 700 3640165 3375418 264747 122078 113178 8900 721205 668624 52581 259191 240294 18897 723029 686954 36075 179 179 95441 92641 2800 165590 165590 14222 10674 3548 194303 194303 368296 368296 50995 50995 MEDICAL SUPPLIES 215450 215450 DUES AND LICENSES 59792 52922 6870 REPAIRS AND MAINTENANCE 14916 14916 MISCELLANEOUS 13444 7453 5991 6662596 6261308 401288 0 120126 91270 278768 252337 22047 3106 12627148 6373961 6558535 6253187 1067977 1256674 8047453 7856574 369735 370293 6730904 6208396 21412 20301 7122051 6598990 X -142575 910 1067977 1256674 925402 1257584 8047453 7856574 X 143485 188697 X X 0 1 X 1 0 X 2265531 1852457 2791129 1173558 1421748 9504423 3236976 3189694 3847365 4899368 5358742 20532145 5502507 5042151 6638494 6072926 6780490 30036568 0 0 0 30036568 104 245 313 216 263 1141 104 245 313 216 263 1141 17745 5036 8255 14876 25028 70940 5520356 5047432 6647062 6088018 6805781 30108649 0.99760 0.99690 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CAFETERIA AND MEALS - 2019 AMOUNT: $ 3,369. 2020 AMOUNT: $ 459. 2021 AMOUNT: $ 538. 2022 AMOUNT: $ 6,414. 2023 AMOUNT: $ 12,701. OTHER REVENUE - 2019 AMOUNT: $ 3,446. 2020 AMOUNT: $ 341. 2021 AMOUNT: $ 1,152. 2023 AMOUNT: $ 0. BEAUTY SHOP - 2019 AMOUNT: $ 10,930. 2020 AMOUNT: $ 4,236. 2021 AMOUNT: $ 6,565. 2022 AMOUNT: $ 8,462. 2023 AMOUNT: $ 12,327. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 230000 230000 10761951 4944446 5817505 690902 559097 131805 944295 870418 73877 6253187 INTEREST NET ASSETS OF FOUNDATION 1256674 1256674 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 2024 AND 2023. 0 0 0 0 0 0 0 0 0 KATHY KINSMAN RESIDENT CARE COORDINATOR 0 0 0 0 0 0 0 0 0 0 0 0 FROM 990, PART VII, SECTION A, LINE 5 REEDSBURG AREA MEDICAL CENTER, AN UNRELATED ORGANIZATION, PAID COMPENSATION TO SEVERAL EMPLOYEES FOR SERVICES TO REEDSBURG AREA SENIOR LIFE, INC. THE FOLLOWING WAS PAID BY REEDSBURG AREA MEDICAL CENTER. HEATHER FRANK COMPENSATION: $129,737 DEFERRED COMPENSATION: $15,913 NON TAXABLE BENEFITS: $23,318 KATHY KINSMAN COMPENSATION: $120,690 DEFERRED COMPENSATION: $25,422 NON TAXABLE BENEFITS: $22,167 KATHY BORUD COMPENSATION: $119,432 DEFERRED COMPENSATION: $22,892 NON TAXABLE BENEFITS: $2,832 TINA LYONS COMPENSATION: $117,281 DEFERRED COMPENSATION: $0 NON TAXABLE BENEFITS: $10,072 A WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 97710BXP2 2014-02-19 7500000 REFUND SERIES 2010 BONDS 0 0 0 A 3124904 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 15 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. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. 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 522,742. MANAGEMENT AND GENERAL EXPENSES 14,664. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 537,406. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 164,212. MANAGEMENT AND GENERAL EXPENSES 21,411. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 185,623. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 188,697. 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0