2021-05-25T11:46:05-05:00 2020-12-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2020-01-01 237010671 SUNSET MANOR INC SUNS 6164572770 725 BALDWIN JENISON MI 49428 STEVE BOSSENBROEK CFO 6164572770 2021-05-20 1 STEVE BOSSENBROEK 999009999 DAVID LOWENTHAL P00378651 2695674500 2021-05-20 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z BROOKCREST ROSE GARDEN WATERFORD PLACE SUNSET MANOR & VILLAGES SUNSET AT HOME SUNSET RETIREMENT COMMUNITIES & SERVICES STEVE ZUIDERVEEN 725 BALDWIN JENISON MI 49428 40132871 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, A SKILLED NURSING FACILITY AND HOME HEALTH SERVICES. 12 12 972 300 0 0 1185551 2460548 32458870 32774980 1152347 1118588 0 0 34796768 36354116 0 0 0 0 16151381 17262854 0 0 0 17409963 18125904 33561344 35388758 1235424 965358 82262240 86891286 70646630 73925127 11615610 12966159 X SUNSET SENIOR COMMUNITIES PROVIDES QUALITY SERVICES FOR SENIOR ADULTS IN THE GREATER GRAND RAPIDS METROPOLITAN AREA, IN A SPIRIT OF CHRISTIAN LOVE. 0 0 20383787 22450612 PROVIDE QUALITY ASSISTED LIVING AND INDEPENDENT LIVING HOUSING AND SERVICES INCLUDING TRANSPORTATION, SOCIAL SERVICES, MEALS AT HOME, TO 735 SENIORS.THE CORPORATION PROVIDES CARE TO RESIDENTS WHO MEET CERTAIN CRITERIA UNDER ITS CHARITY CARE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. BECAUSE THE CORPORATION DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY AS CHARITY CARE, THEY ARE NOT REPORTED AS REVENUE. CHARITY CARE IS DETERMINED BASED ON ESTABLISHED POLICIES, USING RESIDENT INCOME AND ASSETS TO DETERMINE PAYMENT ABILITY. THE AMOUNT REFLECTS THE COST OF FREE OR DISCOUNTED HEALTH SERVICES, NET OF CONTRIBUTIONS AND OTHER REVENUE RECEIVED, AS DIRECT ASSISTANCE FOR THE PROVISION OF CHARITY CARE. THE ESTIMATED COST OF PROVIDING CHARITY SERVICES IS BASED ON A CALCULATION THAT APPLIES A RATIO OF COST TO CHARGES TO THE GROSS UNCOMPENSATED CHARGES ASSOCIATED WITH PROVIDING CARE TO CHARITY RESIDENTS. THE RATIO OF COST TO CHARGES IS CALCULATED BASED ON THE CORPORATION'S TOTAL EXPENSES (LESS BAD DEBT EXPENSE) DIVIDED BY GROSS REVENUE CHARGES. THE CORPORATION ESTIMATES THAT IT PROVIDED APPROXIMATELY $400,000 AND $320,000 OF SERVICES TO INDIGENT RESIDENTS DURING 2020 AND 2019, RESPECTIVELY.IN ADDITION, UNDER ARRANGEMENTS WITH VARIOUS GOVERNMENTAL INSURANCE PROGRAMS, THE CORPORATION PROVIDES SIGNIFICANT CARE TO THE LOCAL POPULATION FOR WHICH REIMBURSEMENT FOR SERVICES RENDERED IS GENERALLY LESS THAN THE COST OF PROVIDING SUCH SERVICES. AS PART OF ITS OBLIGATION TO THE LOCAL COMMUNITIES, THE CORPORATION ALSO PROVIDES NUMEROUS OTHER SERVICES THAT BENEFIT THE COMMUNITIES AND ARE GENERALLY PERFORMED AT NO CHARGE. THE CORPORATION HAS RECOGNIZED APPROXIMATELY $2,418,000 AND $2,327,000 OF IMPLICIT PRICE CONCESSIONS RELATED TO RESIDENTS UNDER THE MEDICAID PROGRAM FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2019, RESPECTIVELY. 10309300 10066504 SKILLED NURSING CARE FOR 288 PERSONS WITH PHYSICAL AND DEMENTIA NEEDS REQUIRING 24 HOUR LICENSED NURSING CARE BOTH LONG TERM AND SHORT TERM REHABILITATION. 250975 156804 PROVIDE HOME HELP AND PRIVATE DUTY TO 105 SENIORS. 391205 101060 NET CORPORATE 391205 101060 31335267 1 1 0 0 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 1 0 0 0 0 0 0 0 1 1 1 0 0 1 22 0 1 972 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 0 MI X STEVE BOSSENBROEK 6164572770 725 BALDWIN JENISON MI 49428 STEVE ZUIDERVEEN PRESIDENT AND CEO 40.00 0.10 X 284070 0 34052 CHRISTINA MATZKE COO 40.00 0.00 X 191955 0 26607 STEVEN BOSSENBROEK CFO 40.00 0.10 X 186283 0 24080 SUE HAMM EXECUTIVE DIRECTOR 40.00 0.00 X 134774 0 26470 MELISSA OHM VP HUMAN RESOURCES 40.00 0.00 X 127764 0 29837 BEN LEAVELL EXECUTIVE DIRECTOR 40.00 0.00 X 118991 0 24475 THOMAS GEYER DIRECTOR OF IT 40.00 0.00 X 101911 0 29398 EMILY FOSTER EXECUTIVE DIRECTOR 40.00 0.00 X 102433 0 20801 CONNIE VANDERWAL DIRECTOR OF NURSING 40.00 0.00 X 105072 0 7956 RICK WIERINGA CHAIRMAN 1.00 0.10 X X 0 0 0 ROGER VANDERHEIDE VICE CHAIRMAN 1.00 0.00 X X 0 0 0 PAUL BAKKER SECRETARY 1.00 0.00 X X 0 0 0 JIM ALBERS DIRECTOR 1.00 0.00 X 0 0 0 JOEL HOLSTEGE DIRECTOR 1.00 0.00 X 0 0 0 GRACE KREULEN DIRECTOR 1.00 0.00 X 0 0 0 JIM KROL DIRECTOR 1.00 0.00 X 0 0 0 DANIEL LAMORE DIRECTOR 1.00 0.00 X 0 0 0 DAVID LAWRENCE DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER MATTHYSSE DIRECTOR 1.00 0.00 X 0 0 0 DAVID MIEDEMA DIRECTOR 1.00 0.10 X 0 0 0 DAVID ZONDERVAN DIRECTOR 1.00 0.10 X 0 0 0 JIM DEVRIES DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 MITCH DYKSTRA DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 NANCY VERKAIK DIRECTOR - PART YEAR 1.00 0.00 X 0 0 0 1353253 0 223676 9 0 1 0 HOBBS AND BLACK 100 N STATE ST ANN ARBOR MI 48104 ARCHITECTURE AND DESIGN 747176 DVS 401 HALL ST GRAND RAPIDS MI 49503 MARKETING 321129 WORKSIGHTED 275 HOOVER BLVD HOLLAND MI 49423 IT SUPPORT 228512 GREATAMERICA FINANCIAL SERVICES PO BOX 660831 DALLAS TX 752660831 PRINTERS/COPIER LEASING 126487 4 690248 1145102 625198 2460548 RESIDENTIAL CARE 623000 30520539 30520539 ADVANCED FEE REVENUE 623000 1419856 1419856 OTHER RESIDENT SERVICES 623000 506647 506647 PROCESSING FEE REVENUE 623000 222500 222500 MEALS REVENUE 722210 105438 105438 32774980 685096 685096 4155732 56515 3724240 54515 431492 2000 433492 433492 36354116 32774980 0 1118588 528485 528485 13616137 12206189 1409948 594888 490951 103937 1608624 1416458 192166 914720 739384 175336 16573 2740 13833 141005 67380 73625 177712 177712 824610 592662 231948 508823 317475 191348 3054733 2895685 159048 1464152 1346004 118148 26435 18346 8089 91033 45820 45213 1960411 1909143 51268 3110040 3001717 108323 532323 249408 282915 MEALS 1916040 1916040 EQUIPMENT RENTAL & MAIN 1104922 1052029 52893 SUPPLIES 905629 905629 QAAP TAX 879065 879065 1412398 1283142 129256 35388758 31335267 4053491 0 1467640 2376970 1396480 1589225 54297 32720 292861 256501 108597896 52770875 52649449 55827021 25460569 25746727 322100 322100 618844 740022 82262240 86891286 2830615 4809605 5721703 3921032 43854133 42269506 18240179 22924984 70646630 73925127 X 11615610 12966159 11615610 12966159 82262240 86891286 X 965358 2722224 -2337033 X X 0 1 X 1 1 0 X 61421 164522 448411 1185551 2460548 4320453 32798702 34090626 28682353 32458870 32774980 160805531 32860123 34255148 29130764 33644421 35235528 165125984 0 0 0 165125984 1307240 787428 2461470 667077 685096 5908311 1307240 787428 2461470 667077 685096 5908311 34167363 35042576 31592234 34311498 35920624 171034295 0.96550 0.96280 0.03450 0.03720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5531920 5531920 63432047 28035495 35396552 12910500 9040850 3869650 17799615 12231211 5568404 8923814 3463319 5460495 55827021 CHARITABLE GIFT ANNUITIES 35070 INTEREST RATE SWAP LIABILITY 6040995 REFUNDABLE ENTRANCE FEES AND DEPOSITS 16848919 22924984 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 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, 2020, 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 0 0 0 0 0 0 0 0 0 STEVE ZUIDERVEEN PRESIDENT AND CEO 284070 0 0 0 0 0 13033 0 21019 0 318122 0 0 0 CHRISTINA MATZKE COO 191955 0 0 0 0 0 9551 0 17056 0 218562 0 0 0 STEVEN BOSSENBROEK CFO 186283 0 0 0 0 0 2983 0 21097 0 210363 0 0 0 SUE HAMM EXECUTIVE DIRECTOR 134774 0 0 0 0 0 6913 0 19557 0 161244 0 0 0 MELISSA OHM VP HUMAN RESOURCES 127764 0 0 0 0 0 6790 0 23047 0 157601 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 2020. A THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 386005370 NONEAVAIL 2016-06-30 31768721 REFUND 2014 BONDS TO MORE FAVORABLE TERMS 0 1 0 B MICHIGAN STRATEGIC FUND BONDS 386005370 NONEAVAIL 2014-05-29 19275000 FUND THE COST OF WATERFORD PHASE II 0 1 0 A 31768721 31768721 2016 1 0 1 1 B 19275000 371194 18903806 2015 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 0 B 0 DAVID MIEDEMA BOARD DIRECTOR 95500 SALES AND MARKETING CONTRACT 0 FORM 990, PART I, ITEM C DBA: BROOKCREST, ROSE GARDEN, WATERFORD PLACE, SUNSET MANOR & VILLAGES, SUNSET AT HOME, SUNSET RETIREMENT COMMUNITIES & SERVICES,. DBA: SUNSET SENIOR COMMUNITIES, SUNSET ASSOCIATION, WATERFORD GLENS, 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 ALL 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 FULL 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 2020. 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 -2,337,033. THIS PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. FORM 990, PART XII, LINE 3B: SINGLE AUDIT WILL BE COMPLETED BUT IS STILL IN PROCESS, THE DUE DATE WAS EXTENDED PER THE OFFICE OF MANAGEMENT AND BUDGET. 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 0 0 0 0 0 1 0 0 SUNSET LEGACY FOUNDATION C 690248 ACTUAL SUNSET LEGACY FOUNDATION Q 260955 ACTUAL