TWIN LAKES

Address
9840 MONTGOMERY ROAD
CINCINNATI, OH 45242-6255
Contact
Website: http://www.twinlakes.org
Phone: +1 (513) 247-1300
Nonprofit
NTEE: L22 - Senior Citizens' Housing/Retirement Communities
EIN: 31-1708926

Mission

VISION...WE WILL BE A WORLD-CLASS LEADER IN SENIOR LIVING, CREATING, EXPANDING AND ENHANCING...LIFE WITH MEANING AND PURPOSEENRICHING OPPORTUNITIES AND EXPERIENCESCOMMUNITIES FOSTERING RELATIONSHIPS AND PERPETUATING LEGACYMISSION...WE ENHANCE THE LIFESTYLES OF OLDER ADULTS IN CHRISTIAN COMMUNITY THROUGH THE WAY OF WELLNESS BY OUR...PHILOSOPHY EMBRACING WHOLE-PERSON WELL BEINGPEOPLE DEVELOPING AND EMPOWERING A TALENTED TEAMPRACTICES CONTINUALLY IMPROVING SERVICEPERFORMANCE DELIVERING GREAT RESULTSVALUES...WE ARE AN EXTENDED FAMILY OF MULTIPLE GENERATIONS, BOUND TOGETHER BY...RESPECT HONORING THE DIGNITY OF ALL PEOPLEINNOVATION CREATING NEW AND BETTER APPROACHESSPIRITUALITY PURSUING OUR PURPOSE CONSISTENT WITH CHRISTIAN PRINCIPLESEXCELLENCE STRIVING FOR EXTRAORDINARY EFFECTIVENESS AND EFFICIENCY
 201420132012
Basic features of the organization
Year of formation2000
Subsection501(c)(3)
Organization typeCorporation
Metropolitan statistical area1642
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel  $116,731.00
Sum of reportable (W2/1099) compensation  $105,387.00
Number of employees  0
Number of people compensated >$100k  1
Number of volunteers  305
Personnel
Benson, Robert
Title  VP OF OPERATIONS
Name of key/compensated person  ROBERT BENSON
Average hours per week working for org  9.60
Reportable compensation from org  $0.00
Breakdown of reportable comp
Base reportable compensation from org  $0.00
Bonus and incentive reportable compensation  $0.00
Other reportable compensation from org  $0.00
Retirement and other deferred compensation  $0.00
Nontaxable benefits from org  $0.00
Compensation from org previously reported as deferred  $0.00
Other comp, non-reportable, from org and related orgs  $28,258.00
Sum of all compensation from org  $0.00
Position  Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $162,043.00
Average hours per week working for related orgs  38.40
Base reportable compensation from related orgs  $99,581.00
Bonus and incentive reportable comp from related orgs  $21,000.00
Other reportable compensation from related orgs  $41,462.00
Retirement and other deferred compensation from related orgs  $15,575.00
Nontaxable benefits from related orgs  $12,683.00
Compensation from related orgs previously reported as deferred  $21,000.00
Sum of all compensation from related orgs  $190,301.00
Beshear, Ron
Title  TRUSTEE
Name of key/compensated person  RON BESHEAR
Average hours per week working for org  0.10
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.10
Bowersox, James
Title  CFO, SECRETARY, TREASURER
Name of key/compensated person  JAMES L BOWERSOX
Average hours per week working for org  12.00
Reportable compensation from org  $0.00
Breakdown of reportable comp
Base reportable compensation from org  $0.00
Bonus and incentive reportable compensation  $0.00
Other reportable compensation from org  $0.00
Retirement and other deferred compensation  $0.00
Nontaxable benefits from org  $0.00
Compensation from org previously reported as deferred  $0.00
Other comp, non-reportable, from org and related orgs  $75,585.00
Sum of all compensation from org  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $207,221.00
Average hours per week working for related orgs  36.00
Base reportable compensation from related orgs  $165,221.00
Bonus and incentive reportable comp from related orgs  $42,000.00
Other reportable compensation from related orgs  $0.00
Retirement and other deferred compensation from related orgs  $62,902.00
Nontaxable benefits from related orgs  $12,683.00
Compensation from related orgs previously reported as deferred  $42,000.00
Sum of all compensation from related orgs  $282,806.00
Brushaber, Larry
Title  CHAIR
Name of key/compensated person  LARRY BRUSHABER
Average hours per week working for org  0.20
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.80
Corrou, Denise
Title  EXECUTIVE DIRECTOR
Name of key/compensated person  DENISE CORROU
Average hours per week working for org  48.00
Reportable compensation from org  $105,387.00
Other comp, non-reportable, from org and related orgs  $21,082.00
Position  Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.00
Grant, Andy
Title  PART YEAR TRUSTEE (END IN NOV 2012)
Name of key/compensated person  ANDY GRANT
Average hours per week working for org  0.20
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.90
Kuenning, Mark
Title  TRUSTEE
Name of key/compensated person  MARK KUENNING
Average hours per week working for org  0.20
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.30
McQuinn, Scott
Title  CEO, PRESIDENT
Name of key/compensated person  SCOTT M MCQUINN
Average hours per week working for org  9.60
Reportable compensation from org  $0.00
Breakdown of reportable comp
Base reportable compensation from org  $0.00
Bonus and incentive reportable compensation  $0.00
Other reportable compensation from org  $0.00
Retirement and other deferred compensation  $0.00
Nontaxable benefits from org  $0.00
Compensation from org previously reported as deferred  $0.00
Other comp, non-reportable, from org and related orgs  $93,608.00
Sum of all compensation from org  $0.00
Position  Individual trustee or director, Officer
Corresponding comp from related orgs
Reportable compensation from related orgs   $320,158.00
Average hours per week working for related orgs  38.40
Base reportable compensation from related orgs  $254,581.00
Bonus and incentive reportable comp from related orgs  $55,000.00
Other reportable compensation from related orgs  $10,577.00
Retirement and other deferred compensation from related orgs  $80,925.00
Nontaxable benefits from related orgs  $12,683.00
Compensation from related orgs previously reported as deferred  $55,000.00
Sum of all compensation from related orgs  $413,766.00
Parchman, Ken
Title  TRUSTEE
Name of key/compensated person  KEN PARCHMAN
Average hours per week working for org  0.10
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.00
Srofe, John
Title  PART YEAR TRUSTEE (END IN NOV 2012)
Name of key/compensated person  JOHN SROFE
Average hours per week working for org  0.10
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.20
Stover, Greg
Title  PART YEAR TRUSTEE (BEGIN IN 2012)
Name of key/compensated person  GREG STOVER
Average hours per week working for org  0.00
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.40
Tuten, Richard
Title  PART YEAR TRUSTEE (END IN NOV 2012)
Name of key/compensated person  RICHARD TUTEN
Average hours per week working for org  0.10
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  0.00
Wissel, Jerry
Title  PART YEAR TRUSTEE (BEGIN IN 2012)
Name of key/compensated person  JERRY WISSEL
Average hours per week working for org  0.20
Reportable compensation from org  $0.00
Other comp, non-reportable, from org and related orgs  $0.00
Position  Individual trustee or director
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00
Average hours per week working for related orgs  1.10
Purpose: mission, activities & accomplishments
Mission or significant activities  THE PURPOSE OF TWIN LAKES IS TO CREATE AND MAINTAIN A CHRISTIAN COMMUNITY WHERE OLDER ADULTS CAN JOIN WITH ADMINISTRATION AND STAFF TO LIVE AS AN EXTENDED FAMILY AND BE ENCOURAGED TO LIVE AT THE HIGHEST POSSIBLE LEVEL OF INDEPENDENCE, AND IN KEEPING WITH THE PRINCIPLES ESTABLISHED BY THE UNITED METHODIST CHURCH, TO PROVIDE OLDER ADULTS WITH ACCOMODATIONS DESIGNED TO MEET THEIR PHYSICAL, SPIRITUAL, VOCATIONAL, SOCIAL, EMOTIONAL AND INTELLECTUAL NEEDS.
Program expenses (total)  $15,932,778.00
Programs, including revenue & expenses
TWIN LAKES PROVIDES ITS RESIDENTS WITH NURSING CARE BEDS (43) OR ASSISTED LIVING UNITS (28) IF THEY ARE NOT ABLE TO LIVE INDEPENDENTLY, OR APARTMENTS OR PATIO HOMES (212) IF THEY ARE ABLE TO LIVE INDEPENDENTLY. TWIN LAKES ALSO PROVIDES ITS RESIDENTS WITH RELIGIOUS, SOCIAL, EDUCATIONAL, AND WELLNESS PROGRAMS AND SERVICES. DINING SERVICES INCLUDE THREE MEALS PER DAY FOR NURSING CARE AND ASSISTED LIVING RESIDENTS. THE REMAINING RESIDENTS RECEIVE AN ALLOWANCE TO COVER 15 OR 30 MEALS PER MONTH DEPENDING UPON THEIR PLAN. MAINTENANCE, ENVIRONMENTAL SERVICES AND LAUNDRY SERVICES ALSO ARE PROVIDED AT VARIOUS LEVELS FOR TWIN LAKES' RESIDENTS.
Program expenses  $15,932,778.00
Grants and allocations made  $234,298.00
Program revenue  $18,299,711.00
Program description  TWIN LAKES PROVIDES ITS RESIDENTS WITH NURSING CARE BEDS (43) OR ASSISTED LIVING UNITS (28) IF THEY ARE NOT ABLE TO LIVE INDEPENDENTLY, OR APARTMENTS OR PATIO HOMES (212) IF THEY ARE ABLE TO LIVE INDEPENDENTLY. TWIN LAKES ALSO PROVIDES ITS RESIDENTS WITH RELIGIOUS, SOCIAL, EDUCATIONAL, AND WELLNESS PROGRAMS AND SERVICES. DINING SERVICES INCLUDE THREE MEALS PER DAY FOR NURSING CARE AND ASSISTED LIVING RESIDENTS. THE REMAINING RESIDENTS RECEIVE AN ALLOWANCE TO COVER 15 OR 30 MEALS PER MONTH DEPENDING UPON THEIR PLAN. MAINTENANCE, ENVIRONMENTAL SERVICES AND LAUNDRY SERVICES ALSO ARE PROVIDED AT VARIOUS LEVELS FOR TWIN LAKES' RESIDENTS.
Financial data
Expense categories (totals)
Sum (total functional expenses)  $18,906,430.00
Program services (total functional expenses)  $15,932,778.00
Management & general (total functional expenses)  $2,973,652.00
Fundraising (total functional expenses)  $0.00
Revenue
Total revenue  $18,981,258.00
Program service revenue (total)$20,166,671.00$19,266,811.00$18,299,661.00
Revenue from contributions (total)$811,157.00$65,503.00$53,372.00
Revenue from noncash contributions  $26,382.00
Investment income  $481,983.00
Total unrelated business revenue  $1,812.00
Other revenue, current yr  $146,242.00
Net unrelated business taxable revenue  $812.00
Total revenue from grants, etc., current yr  $53,372.00
Gross receipts  $19,598,209.00
Sources of contributions
Revenue from fundraising events  $27,391.00
Contributions from related organizations  $21,606.00
Revenue from all other contributions  $4,375.00
Other types of revenue
Miscellaneous revenue (total)  $143,007.00
Income from dividends, interest, and similar investments  $940,201.00
Net rental income$49,675.00$59,800.00$1,787.00
Net income from fundraising events  $1,448.00
Fees for services
Legal fees (total)  $7,544.00
Fundraising service fees (total)  $0.00
General management fees (total)  $2,111,940.00
Investment management fees (total)  $79,537.00
Assets and liabilities
Total assets$112,155,973.00$110,728,955.00$109,025,746.00
Total assets, beginning of year  $107,066,959.00
Total liabilities$111,703,468.00$111,157,722.00$109,784,849.00
Total liabilities, beginning of year  $107,900,890.00
Net assets  -$759,103.00
Net assets, beginning of year  -$833,931.00
Other liabilities  $34,056,358.00
Bond liabilities  $62,670,676.00
Other assets  $11,536,310.00
Cash: non-interest bearing  $6,123.00
Cash: non-interest bearing, beginning of year  $7,325.00
Inventories for sale or use  $46,325.00
Other financial variables
Revenue less expenses  $74,828.00
Advertising (total)  $58,184.00
Savings & temp cash investment  $43,826.00
Accounts receivable, net  $893,285.00
Prepaid expenses & deferred charges  $17,982.00
Accounts payable & accrued expenses  $1,757,496.00
Deferred revenue  $11,300,319.00
Total net assets or fund balances  -$759,103.00
Depreciation, depletion, amortization  $3,341,535.00
Governance and accountability
Number of voting members  8
Number of independent voting members  6
Financial sheets audited  True
Audit on consolidated basis  True
Tax year start date  2012-01-01
Tax year end date  2012-12-31
Accounting method  Accrual
Indicators for schedules (selected)
Org has controlled entity  True
Org transacted with controlled entity  True
Metadata about the filing
E-return type  990
Date e-filing submitted  2014-01-03
IRS schema version  2012v2.1
Filing identifier  201313199349304151
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