2026-07-29T12:01:18-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 121 WEST BRIDGE STREET OWATONNA MN 55060 990 2024-10-01 760775289 REEDSBURG AREA SENIOR LIFE CENTER INC REED 6085246577 2350 N DEWEY AVENUE REEDSBURG WI 53959 ROBERT VAN MEETEREN CEO 6085246577 2026-07-29 1 1 JUSTIN HARTERT P02236744 5074467100 2026-07-16 2024 2025-03-06 01:10:19Z ROBERT VAN MEETEREN 2350 N DEWEY AVENUE REEDSBURG WI 53959 7359881 0 X WWW.RAMCHEALTH.COM X 2004 WI REEDSBURG AREA SENIOR LIFE CENTER PROVIDES COMPASSIONATE, QUALITY AND EFFIECIENT HEALTHCARE. 4 4 0 21 0 0 1421748 1495368 5358742 5850240 563 170 25028 14103 6806081 7359881 3600 3600 0 0 4743339 5015483 0 0 0 1915657 1988227 6662596 7007310 143485 352571 7856574 7633464 6598990 6106698 1257584 1526766 REEDSBURG AREA SENIOR LIFE CENTER, INC. ALWAYS THERE GOING BEYOND THE EXPECTED TO PROVIDE COMPASSIONATE, QUALITY AND EFFICIENT HEALTHCARE. 0 0 5617119 0 4971485 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 09/30/25, RASLC PROVIDED CARE FOR 8,051 LONG-TERM CARE RESIDENT DAYS AND 7,794 CBRF RESIDENT DAYS. 928094 0 878755 A 24-APARTMENT ASSISTED LIVING FACILITY; CONSISTS OF STUDIO AND ONE-BEDROOM APARTMENTS. ONE OF THE APARTMENTS IS USED FOR ADULT DAY SERVICES. SERVICES WERE PROVIDED TO 7,049 ASSISTED LIVING RESIDENT DAYS DURING FISCAL YEAR 2025. 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. 6548813 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 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 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 250 0 0 JUDY BASS TREASURER 0.50 0.00 X X 200 0 0 TAMMY KOENECKE SECRETARY 0.50 0.00 X X 200 0 0 KATHY SCHWARTZ DIRECTOR 0.50 0.00 X 250 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 KATHY BORUD REGISTERED NURSE 40.00 0.00 X 0 0 0 TINA LYONS REGISTERED NURSE 40.00 0.00 X 0 0 0 TRISHA ANDERSON DIRECTOR OF NURSING / RN 40.00 0.00 X 0 0 0 900 0 0 0 0 0 1 REEDSBURG AREA MEDICAL CENTER 2000 N DEWEY REEDSBURG WI 53959 PAYROLL SERVICES & OTHER EXPENSES 4555000 1 36579 15512 1443277 1495368 RESIDENT SERVICE REVEN 623110 5850240 5850240 5850240 170 170 BEAUTY SHOP 621311 13475 13475 CAFETERIA REVENUE 623110 628 628 14103 7359881 5850240 0 14273 X 3600 3600 650 650 3562954 3294612 268342 120762 111647 9115 1075131 993977 81154 255986 236663 19323 718230 689602 28628 143124 139906 3218 187954 187954 20697 18182 2515 178511 178511 378147 378147 55039 55039 MEDICAL SUPPLIES 216423 216348 75 DUES AND LICENSES 55008 19680 35328 REPAIRS AND MAINTENANCE 20042 20042 MISCELLANEOUS 15052 4903 10149 7007310 6548813 458497 0 91270 155529 252337 302867 3106 5227 12745819 6749263 6253187 5996556 1256674 1173285 7856574 7633464 370293 398649 6208396 5685640 20301 22409 6598990 6106698 X 910 353481 1256674 1173285 1257584 1526766 7856574 7633464 X 352571 -83389 X 0 1 X 1 0 X 1852457 2791129 1173558 1421748 1495368 8734260 3189694 3847365 4899368 5358742 5850240 23145409 5042151 6638494 6072926 6780490 7345608 31879669 0 693121 693121 693121 693121 31186548 245 313 216 263 170 1207 245 313 216 263 170 1207 5036 8255 14876 25028 14103 67298 5047432 6647062 6088018 6805781 7359881 31948174 0.97620 0.99760 0.00000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CAFETERIA AND MEALS - 2020 AMOUNT: $ 459. 2021 AMOUNT: $ 538. 2022 AMOUNT: $ 6,414. 2023 AMOUNT: $ 12,701. 2024 AMOUNT: $ 628. OTHER REVENUE - 2020 AMOUNT: $ 341. 2021 AMOUNT: $ 1,152. BEAUTY SHOP - 2020 AMOUNT: $ 4,236. 2021 AMOUNT: $ 6,565. 2022 AMOUNT: $ 8,462. 2023 AMOUNT: $ 12,327. 2024 AMOUNT: $ 13,475. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 230000 230000 10761951 5238867 5523084 781273 592942 188331 972595 917454 55141 5996556 INTEREST NET ASSETS OF FOUNDATION 1173285 1173285 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 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. RYAN SHEAR BASE COMPENSATION: $181,572 BONUS: $22,275 DEFERRED COMPENSATION: $10,200 NON TAXABLE BENEFITS: $25,087 KATHY BORUD COMPENSATION: $124,452 DEFERRED COMPENSATION: $6,251 NON TAXABLE BENEFITS: $2,832 TINA LYONS COMPENSATION: $118,269 DEFERRED COMPENSATION: $0 NON TAXABLE BENEFITS: $9,572 TRISHA ANDERSON COMPENSATION: $102,120 DEFERRED COMPENSATION: $3,153 NON TAXABLE BENEFITS: $2,832 A WISCONSIN HEALTH & EDUCATIONAL FACILITIES AUTHORITY 391337855 97710BXP2 2014-02-19 7500000 REFUND SERIES 2010 BONDS 0 0 0 A 3489904 7500000 7500000 2006 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 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: 02/01/2024 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 2025. 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 547,600. MANAGEMENT AND GENERAL EXPENSES 5,128. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 552,728. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 142,002. MANAGEMENT AND GENERAL EXPENSES 23,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 165,502. FORM 990, PART XI, LINE 9: NET CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION -83,389. 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