2021-10-14T17:35:03-05:00 2020-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2020-01-01 363386534 PEACE VILLAGE PEAC 7083613683 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 KATHERINE GRABEN PRESIDENT 7083613683 2021-10-05 1 KATHERINE GRABEN 999009999 DAVID LOWENTHAL P00378651 3122071040 2021-10-05 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ROGER ELLENS 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 18172567 0 X WWW.PEACEVILLAGE.ORG X 1989 IL PEACE VILLAGE IS A RETIREMENT FACILITY PROVIDING HOUSING, MEALS, PERSONAL SERVICES AND RECREATIONAL ACTIVITIES FOR THE ELDERLY. 9 8 146 120 -220754 0 89245 923237 11148898 10764522 157894 79649 -45177 -92037 11350860 11675371 32000 32000 0 0 4371880 4353208 0 0 63502 9639276 9207577 14043156 13592785 -2692296 -1917414 28193049 25039706 67008372 67283558 -38815323 -42243852 PEACE VILLAGE EMBRACES THE CONTINUING VITALITY OF OUR RESIDENTS BY FOSTERING A LOVING AND RESPECTFUL COMMUNITY IN WHICH OUR RESIDENTS' INDIVIDUALITY IS HONORED, WELLNESS IS SUPPORTED, FAITH IS INSPIRED, AND FRIENDSHIPS ARE MADE. 0 0 10375229 32000 10882391 PEACE VILLAGE IS A RETIREMENT FACILITY PROVIDING HOUSING, MEALS, PERSONAL SERVICES AND RECREATIONAL ACTIVITIES FOR THE ELDERLY. ACTIVITIES ARE DESIGNED AROUND WHAT THE RESIDENTS WANT TO DO. THE CALENDAR ALLOWS THE RESIDENTS TO SEE HOW THESE ACTIVITIES BENEFIT THE SIX DIMENSIONS OF WELLNESS: PHYSICAL, EMOTIONAL, SPIRITUAL, EDUCATIONAL, SOCIAL, AND ENVIRONMENT. 10375229 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 0 0 1 23 0 1 146 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JAMES E CHRISTIAN 7086712469 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 ROGER ELLENS CEO 40.00 1.00 X 170326 0 33661 DIANE OREMOVICH DIRECTOR HEALTH & WELLNESS 40.00 1.00 X 106372 0 18652 JOE FERRANTELLI PRESIDENT 3.00 1.00 X X 0 0 0 TOM MILLER TREASURER 3.00 1.00 X X 0 0 0 PAUL GROSS SECRETARY/VP (THROUGH OCTOBER 2020) 3.00 1.00 X X 0 0 0 KATHERINE GRABEN SECRETARY/VP (FROM OCTOBER 2020) 3.00 1.00 X X 0 0 0 DR BILL BAYER DIRECTOR 3.00 1.00 X 0 0 0 SUSAN FREUND DIRECTOR (THROUGH JUNE 2020) 3.00 1.00 X 0 0 0 PAMELA HANEY DIRECTOR (FROM APRIL 2020) 3.00 1.00 X 0 0 0 JUDY JONES DIRECTOR 3.00 1.00 X 0 0 0 DR JAMES MAGEE DIRECTOR (THROUGH JUNE 2020) 3.00 1.00 X 0 0 0 ROY OBRIECHT DIRECTOR 3.00 1.00 X 0 0 0 DAVID SKALA DIRECTOR (THROUGH JUNE 2020) 3.00 1.00 X 0 0 0 DON STILLE DIRECTOR (THROUGH JUNE 2020) 3.00 1.00 X 0 0 0 DENNIS STOIA DIRECTOR (THROUGH JUNE 2020) 3.00 1.00 X 0 0 0 LAURA VOOGT DIRECTOR 3.00 1.00 X 0 0 0 PASTOR JED WATSON DIRECTOR 3.00 1.00 X 0 0 0 276698 0 52313 2 0 1 0 MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 303682289 DINING SERVICES 3031919 ELITE FACILITY PROFESSIONALS INC 245 ROCBAAR DR ROMEOVILLE IL 60446 MAINTENANCE 434906 GLYNNDEVINS 8880 WARD PKWY STE 400 KANSAS CITY MO 64114 MARKETING 361822 PROVINET SOLUTIONS 18645 W CREEK DR TINLEY PARK IL 60477 IT SOLUTIONS 101665 4 21237 849545 52455 923237 SERVICE FEES - PEACE 623990 5698819 5698819 SERVICE FEES - CIRCLE 623990 3834323 3834323 ACCOMODATION FEES 623990 771830 771830 PEACE CARE 623990 459550 459550 10764522 70202 70202 665095 885849 -220754 -220754 -220754 5608530 5599083 9447 9447 9447 6270 21237 12264 -5994 -5994 SUPPORT SERVICES 900099 117869 117869 COFFEE SHOP 900099 16842 16842 134711 11675371 10882391 -220754 90497 X 32000 32000 203987 203987 3190688 3022368 108378 59942 127849 127582 267 586570 557339 29231 244114 220244 20310 3560 31992 31992 30690 30690 14703 14703 3396862 3092470 304392 254538 -94 254632 39519 4907 34612 11008 11008 955511 169851 785660 454 427 27 34167 33173 994 1054730 1054730 2147145 2039788 107357 16085 7893 8192 RESIDENT ASSISTANCE 417143 417143 SUPPLIES 185829 138612 47217 DUES AND SUBSCRIPTIONS 15438 15438 LICENSE AND PERMITS 3845 148 3697 597918 511378 86540 13592785 10375229 3154054 63502 1623371 580721 52890 86805 251400 125900 32916 29714 161436 163236 64709107 44375572 22327041 20333535 2599095 2663548 736124 735511 408776 320736 28193049 25039706 951033 1020849 33648681 32882947 27403323 27114299 5005335 6265463 67008372 67283558 X -38826507 -42255167 11184 11315 -38815323 -42243852 28193049 25039706 X -1917414 -221180 -1289935 X 0 1 X 1 0 X 114072 1202029 42344 89245 923237 2370927 10363757 10344746 10639355 11148898 10882391 53379147 10477829 11546775 10681699 11238143 11805628 55750074 0 0 0 55750074 262822 259321 271297 234281 70202 1097923 262822 259321 271297 234281 70202 1097923 116876 440901 196788 297904 23112 1075581 10857527 12246997 11149784 11770328 11898942 57923578 0.96250 0.95750 0.01900 0.02120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1572431 1572431 58831526 41347587 17483939 4235936 3027985 1207951 69214 69214 20333535 RESIDENT DEPOSITS 24000 SECURITY DEPOSITS 47952 CAPITAL LEASE PAYABLE 4819303 FAIR VALUE OF SWAP 1361108 ENTRANCE FEE DEPOSITS 13100 6265463 GOLF OUTING 27507 21237 6270 400 0 6469 2686 1633 1076 27507 21237 6270 400 6469 2686 1633 1076 12264 -5994 1 PEACE MEMORIAL CHURCH 10300 WEST 131 ST PALOS PARK IL 60464 362276998 501(C)(3) 32000 TO ASSIST PEACE MEMORIAL CHURCH WITH ITS TAX-EXEMPT MISSION. 1 0 PART I, LINE 2: PEACE VILLAGE'S SENIOR MANAGEMENT MEETS WITH PEACE MEMORIAL CHURCH AT LEAST ANNUALLY. SINCE THE FUNDS ARE TO BE USED FOR THE GENERAL SUPPORT OF PEACE MEMORIAL CHURCH'S MISSION, PEACE VILLAGE DOES NOT REQUIRE THE ORGANIZATION TO SUBSTANTIATE THEIR EXPENDITURES RELATED TO THESE CONTRIBUTIONS. X X X 0 0 0 0 0 0 0 1 0 ROGER ELLENS CEO 154112 0 15800 0 414 0 11498 0 22163 0 203987 0 0 0 PART I, LINE 7 AS INDICATED IN SCHEDULE J, PART II, THE CEO RECEIVED A BONUS BASED ON PERFORMANCE AND THE FINANCIAL RESULTS OF THE ORGANIZATION. THIS BONUS WAS APPROVED BY THE EXECUTIVE COMMITTEE. TIM STOUB EMPLOYEE AND BROTHER OF LAURA VOOGT, BOARD MEMBER. 100161 EMPLOYEE 0 FORM 990, PART VI, SECTION A, LINE 6 PEACE MEMORIAL CHURCH IS THE ORGANIZATION'S SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A PEACE MEMORIAL CHURCH MAY ELECT ONE OR MORE MEMBERS OF PEACE VILLAGE'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE PEACE VILLAGE GOVERNING BODY MAY BE SUBJECT TO APPROVAL BY THE MEMBERS OF PEACE MEMORIAL CHURCH'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. MANAGEMENT REVIEWS THE COMPLETED FORM 990. A MEETING OR CONFERENCE CALL IS SUBSEQUENTLY SCHEDULED FOR THE CPA FIRM AND ORGANIZATION MANAGEMENT TO DISCUSS THE FORM 990 WITH THE FINANCE COMMITTEE. AFTER THE MEETING, A COPY OF THE FULL 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE INDEPENDENT CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS COMPLETES AND ANNUALLY REVIEWS CONFLICT STATEMENTS EACH JANUARY. DEPENDING ON THE SPECIFICS OF THE CONFLICT, VARIOUS ACTIONS COULD BE TAKEN WITH THE GOAL OF ELIMINATING THE CONFLICT. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES INCLUDES A MARKET ANALYSIS OF COMPARABLE POSITIONS FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING PURPOSES. THIS INFORMATION IS REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES, WITH FINAL COMPENSATION DECISIONS MADE BY THE CEO WITHIN BUDGETARY GUIDELINES WHICH ARE REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND APPROVED BY THE FULL BOARD. ON AN ANNUAL BASIS, THE FULL BOARD REVIEWS AND DISCUSSES CEO PERFORMANCE, AFTER WHICH THE EXECUTIVE COMMITTEE OF THE BOARD (CONSISTING OF THE PRESIDENT, VICE PRESIDENT, AND TREASURER) DOCUMENTS THE BOARD'S ASSESSMENT OF THAT PERFORMANCE AND DISCUSSES IT WITH THE CEO. THAT ASSESSMENT, ALONG WITH ORGANIZATIONAL PERFORMANCE, MARKET FACTORS, AND THE COMPANY'S "CHIEF EXECUTIVE OFFICER PERFORMANCE INCENTIVE COMPENSATION PLAN" INFORM THE EXECUTIVE COMMITTEE'S DECISION REGARDING THE CEO'S COMPENSATION. ONCE FINALIZED, THAT DECISION IS COMMUNICATED TO THE FULL BOARD AT ITS NEXT REGULAR MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 561,080. MANAGEMENT AND GENERAL EXPENSES 140,111. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 701,191. CONSULTING: PROGRAM SERVICE EXPENSES 1,705,781. MANAGEMENT AND GENERAL EXPENSES 164,281. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,870,062. PURCHASED SERVICES - FOOD AND BEVERAGE: PROGRAM SERVICE EXPENSES 825,609. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 825,609. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP -1,290,066. CHANGE IN RESTRICTED ASSETS 131. PEACE PROPERTIES LLC 10300 VILLAGE CIRCLE PALOS PARK IL 60464 200088410 RENTAL REAL ESTATE IL -220754 4522850 PEACE VILLAGE PEACE MEMORIAL CHURCH 10300 WEST 131 ST PALOS PARK IL 60464 362276998 CHURCH IL 501(C)(3) LINE 1 N/A 0 PEACE LIFE CARE SYSTEM 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 273719095 CHARITABLE ADMINISTRATION IL 501(C)(3) LINE 12A, I PEACE VILLAGE 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 PEACE MEMORIAL CHURCH B 32000 CASH PEACE LIFE CARE SYSTEM L 8905 ACTUAL COSTS INCURRED