2024-05-03T11:08:30-05:00 2023-12-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2023-01-01 237010671 SUNSET MANOR INC SUNS 6164572770 725 BALDWIN JENISON MI 49428 STEVE BOSSENBROEK CFO 6164572770 2024-04-26 1 STEVE BOSSENBROEK 999009999 1 SAMANTHA L BECKER P01344887 2695674500 2024-04-23 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z SUNSET SENIOR COMMUNITIES WATERFORD PLACE STEVE BOSSENBROEK 725 BALDWIN JENISON MI 49428 95822051 0 X WWW.SUNSETCOMMUNITIES.ORG X 1968 MI PROVIDE QUALITY HOUSING AND SERVICES FOR SENIORS IN KENT AND OTTAWA COUNTIES THROUGH THE OPERATION OF SENIOR COMMUNITIES AND HOME HELP SERVICES. 11 10 863 240 0 0 659512 766063 25297258 27827159 1939168 2507946 0 0 27895938 31101168 0 0 0 0 12578432 15931035 0 0 0 17128765 16286415 29707197 32217450 -1811259 -1116282 121405015 106875334 91397693 78442982 30007322 28432352 SUNSET SENIOR COMMUNITIES PROVIDES QUALITY SERVICES FOR SENIOR ADULTS IN THE GREATER GRAND RAPIDS METROPOLITAN AREA, IN A SPIRIT OF CHRISTIAN LOVE. 0 0 27022120 27505223 PROVIDE QUALITY ASSISTED LIVING AND INDEPENDENT LIVING HOUSING AND SERVICES INCLUDING TRANSPORTATION, SOCIAL SERVICES, MEALS AT HOME,TO 735 SENIORS. 336884 221764 PROVIDE HOME HELP AND PRIVATE DUTY TO 67 SENIORS. 513338 100172 NET CORPORATE 27872342 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 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 1 1 0 0 1 46 0 1 863 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X STEVE BOSSENBROEK 6164572770 725 BALDWIN JENISON MI 49428 JIM ALBERS CHAIRMAN 1.00 0.00 X X 0 0 0 JOEL HOLSTEGE VICE CHAIRMAN 1.00 0.10 X X 0 0 0 PAUL BAKKER VICE CHAIRMAN - PART YEAR 1.00 0.00 X X 0 0 0 DAVID MIEDEMA SECRETARY 40.00 0.00 X X 177500 0 0 JEFF KOLK DIRECTOR 1.00 0.00 X 0 0 0 GRACE KREULEN DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 JIM KROL DIRECTOR 1.00 0.10 X 0 0 0 DANIEL LAMORE DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 CHRISTOPHER MATTHYSSE DIRECTOR 1.00 0.00 X 0 0 0 RAY RINGERWOLE DIRECTOR 1.00 0.00 X 0 0 0 ADAM SENG DIRECTOR 1.00 0.00 X 0 0 0 CHERI SHIPPY DIRECTOR 1.00 0.10 X 0 0 0 LAURA SUTHERLAND DIRECTOR 1.00 0.00 X 0 0 0 DAVID ZONDERVAN DIRECTOR 1.00 0.00 X 0 0 0 CHRISTINA MATZKE PRESIDENT AND CEO 40.00 0.10 X 291614 0 38277 STEVEN BOSSENBROEK CFO AND TREASURER 40.00 0.10 X 252961 0 34748 MELISSA OHM VP HUMAN RESOURCES 40.00 0.00 X 165495 0 30502 SUE HAMM EXECUTIVE DIRECTOR 40.00 0.00 X 156888 0 29531 BEN LEAVELL EXECUTIVE DIRECTOR 40.00 0.00 X 147632 0 28450 EMILY FOSTER EXECUTIVE DIRECTOR 40.00 0.00 X 124625 0 13914 JAMES STEENBERGEN EXECUTIVE DIRECTOR - PART YEAR 40.00 0.00 X 109144 0 22810 1425859 0 198232 9 0 1 0 LAKEWOOD CONSTRUCTION 11253 JAMES STREET HOLLAND MI 48424 CONSTRUCTION MANAGEMENT 3489751 EV CONSTRUCTION 86 EAST 6TH STREET HOLLAND MI 48423 CONSTRUCTION MANAGEMENT 843880 CHRISTMAN-EV CONSTRUCTION 801 BROADWAY SUITE 300 GRAND RAPIDS MI 49504 CONSTRUCTION MANAGEMENT 356033 CREATIVE DINING 1 ROYAL PARK DR STE 3 ZEELAND MI 49464 FOOD SERVICE MANAGEMENT 289764 WORKSIGHTED 275 HOOVER BLVD HOLLAND MI 49423 IT SUPPORT 284373 16 766063 766063 RESIDENTIAL CARE 623000 18921138 18921138 OTHER RESIDENT SERVICES 623000 5481759 5481759 ADVANCED FEE REVENUE 623000 2889477 2889477 PROCESSING FEE REVENUE 623000 408000 408000 MEALS REVENUE 722210 126785 126785 27827159 501612 501612 66727217 64720883 2006334 2006334 2006334 31101168 27827159 0 2507946 795100 795100 12264713 10997259 1267454 423567 354952 68615 1368699 1041150 327549 1078956 934736 144220 81084 81084 164520 77520 87000 543 543 113729 113729 818279 657592 160687 465160 306506 158654 121052 43815 77237 480986 362756 118230 2276692 2123295 153397 50629 36888 13741 2814027 2697224 116803 4127897 3951794 176103 675362 304986 370376 MEALS 2264749 2264749 EQUIPMENT RENTAL & MAIN 707553 631997 75556 SUPPLIES 465502 465502 PROVISION FOR BAD DEBT 83524 83524 575127 536097 39030 32217450 27872342 4345108 0 2109612 1735057 871747 693845 37000 43505 161037 137522 144530371 55664063 87332402 88866308 20675805 12083447 322100 322100 9895312 2993550 121405015 106875334 4974882 2772569 4657466 5578889 55706014 41347960 26059331 28743564 91397693 78442982 X 30007322 28432352 30007322 28432352 121405015 106875334 X -1116282 443510 -902198 X X 0 1 X 1 0 X 1185551 2460548 4055928 659512 766063 9127602 32458870 32774980 15870800 25297258 27827159 134229067 33644421 35235528 19926728 25956770 28593222 143356669 0 0 0 143356669 667077 685096 807542 816194 501612 3477521 667077 685096 807542 816194 501612 3477521 34311498 35920624 20734270 26772964 29094834 146834190 0.97630 0.96360 0.02370 0.03640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 543 543 0 PART II-B, LINE 1: A PERCENTAGE OF MEMBERSHIP DUES PAID TO LEADING AGE ARE USED TOWARDS LOBBYING ACTIVITIES. 4702693 4702693 95132624 31595487 63537137 16220288 8477802 7742486 22658614 15590774 7067840 5816152 5816152 88866308 CHARITABLE GIFT ANNUITIES 12544 REFUNDABLE ENTRANCE FEES AND DEPOSITS 28467159 FINANCE LEASE LIABILITY 263861 28743564 X PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR ANY STATE OR LOCAL TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X X X X X 1 0 0 0 0 0 0 0 0 CHRISTINA MATZKE PRESIDENT AND CEO 291614 0 0 0 0 0 15033 0 23244 0 329891 0 0 0 STEVEN BOSSENBROEK CFO AND TREASURER 252961 0 0 0 0 0 12066 0 22682 0 287709 0 0 0 MELISSA OHM VP HUMAN RESOURCES 165495 0 0 0 0 0 8277 0 22225 0 195997 0 0 0 SUE HAMM EXECUTIVE DIRECTOR 156888 0 0 0 0 0 8040 0 21491 0 186419 0 0 0 DAVID MIEDEMA SECRETARY 177500 0 0 0 0 0 0 0 0 0 177500 0 0 0 BEN LEAVELL EXECUTIVE DIRECTOR 147632 0 0 0 0 0 6761 0 21689 0 176082 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2023. PART I, LINE 4A JIM STEENBERGEN WAS PAID $17,469 IN SEVERANCE PAYMENTS IN ACCORDANCE WITH THE AGREEMENT SIGNED OCTOBER 23, 2023. A THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 383565644 NONEAVAIL 2021-05-12 41890000 REFUND A PORTION OF THE EDC OF THE TOWNSHIP OF GEORGETOWN SERIES 2014 BONDS 0 1 0 B THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 383565644 NONEAVAIL 2021-12-31 550106 REISSUANCE OF $550,106 OF EDC OF TOWNSHIP OF GEORGETOWN SERIES 2021ABC BONDS 0 1 0 A 19996950 41890000 685604 28147485 13056911 2022 1 0 1 1 B 550106 550106 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 1 0.01340 1 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 1 OLD NATIONAL BANK 30.000000000000 0 0 0 0 1 B 0 0 0 0 1 1 OLD NATIONAL BANK 30.000000000000 0 0 0 0 1 A 0 B 0 FORM 990, PART I, ITEM C DBA: SUNSET SENIOR COMMUNITIES WATERFORD PLACE. DBA: SUNSET MANOR & VILLAGES SUNSET AT HOME. DBA: CHRISTIAN HAVEN ROSE GARDEN. DBA: SUNSET ASSOCIATION WATERFORD GLENS. DBA: THE COVE AT WATERFORD FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ATTEND THE ANNUAL MEETING EACH YEAR AND VOTE ON A SLATE OF BOARD MEMBERS FOR THAT YEAR. THESE MEMBERS ARE ENTRANCE FEE RESIDENTS AND DONORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION ELECT BOARD MEMBERS TO THE GOVERNING BODY AT THE ANNUAL MEETING EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICERS, AND DISTRIBUTED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES. AFTER THE DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASON TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER FURTHER INVESTIGATION, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT WILL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ENFORCING AND MONITORING THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF SWAP AGREEMENT -902,198. SUNSET LEGACY FOUNDATION 725 BALDWIN STREET JENISON MI 49428 453567386 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I SUNSET MANOR INC 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 SUNSET LEGACY FOUNDATION C 766063 ACTUAL SUNSET LEGACY FOUNDATION L 322224 ACTUAL