2021-05-14T12:18:08-05:00 2020-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2019-07-01 386141735 PORTER HILLS PRESBYTERIAN VILLAGE PORT 6169494975 4450 CASCADE ROAD GRAND RAPIDS MI 49564 KIM HOPPE TREASURER/ CFO 6169494975 2021-05-13 1 LISA FORT P00223532 2695674500 2021-05-07 2019 2022-09-23 18:48:47Z PORTER HILLS RETIREMENT COMMUNITIES AND SERVICES INC PORTER HILLS HEALTH CENTER STEVE FETYKO 805 W MIDDLE STREET CHELSEA MI 48118 33591896 0 X WWW.PORTERHILLS.ORG X 1970 MI ASSISTED LIVING, NURSING CARE, AND INDEPENDENT LIVING FOR THE ELDERLY 7 7 582 125 0 0 218708 996688 30088924 32570262 -13160 842 0 24104 30294472 33591896 0 0 0 0 13456997 13594680 0 0 0 19952244 24775356 33409241 38370036 -3114769 -4778140 69870868 109888493 102069387 105565999 -32198519 4322494 TO PROVIDE A CONTINUUM OF HIGH QUALITY COMMUNITIES AND SERVICES FOR OLDER ADULTS IN ACCORDANCE WITH CHRISTIAN VALUES. 0 0 27836535 0 32570262 ASSISTED LIVING, NURSING CARE, AND INDEPENDENT LIVING FACILITY FOR THE ELDERLY. TOTAL DAYS OF CARE IN 2019-2020 WAS 169,702. 27836535 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 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 36 0 1 582 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 1 0 MI X CRAIG VANDENBOS 6169541799 4450 CASCADE ROAD GRAND RAPIDS MI 49546 STEVE FETYKO UMRC CEO 2.00 53.00 X 0 437154 44151 LORI POTTER UMRC COO 2.00 53.00 X 0 303398 51016 KIM HOPPE UMRC CFO 2.00 53.00 X 0 218923 35355 NICOLE MAAG VP OF OPERATIONS 39.00 14.00 X 0 179923 35944 CRAIG VANDENBOS DIRECTOR OF FINANCE 40.00 10.00 X 157447 0 26516 CHERYL VAN BEMDEN EXECUTIVE DIRECTOR OF VILLAGE 50.00 0.00 X 144423 0 20333 DEBORAH STEGGLES EXECUTIVE DIRECTOR OF AFFORDABLE HOUSING 50.00 0.00 X 114335 0 17357 TRISHA WATKINS NURSING HOME ADMINISTRATOR 50.00 0.00 X 105706 0 24581 ROBIN OJO DIRECTOR OF NURSING 50.00 0.00 X 100182 0 4007 MARY WAGNER CHAIR 2.00 15.00 X X 0 0 0 JOHN NIXON III VICE CHAIR 2.00 14.50 X X 0 0 0 MICHAEL FRITZ TREASURER 2.00 14.00 X X 0 0 0 JAY WISENTANER SECRETARY 2.00 15.00 X X 0 0 0 H RUSSELL IVES DIRECTOR 2.00 11.00 X 0 0 0 EDWARD SOUTHWORTH DIRECTOR 2.00 11.00 X 0 0 0 BARBARA GOODSPEED DIRECTOR 2.00 11.00 X 0 0 0 RICH BROWN DIRECTOR - PART YEAR 1.00 1.00 X 0 0 0 622093 1139398 259260 6 0 1 0 CREATIVE DINING SERVICES ONE ROYAL PARK DRIVE STE 3 ZEELAND MI 49464 FOOD SERVICE CONTRACTOR 1555884 DC BYERS COMPANY 5946 CLAY AVE SW GRAND RAPIDS MI 49548 BUILDING RESTORATION 584829 KATERBERG VERHAGE 3717 MICHIGAN ST NE GRAND RAPIDS MI 49525 CONSTRUCTION 422465 FUNCTIONAL PATHWAYS 10133 SHERRILL BLVD STE 200 KNOXVILLE TN 37932 THERAPY 369447 PROCARE LANDSCAPE MANAGEMENT 1505 STEELE AVE SW GRAND RAPIDS MI 49507 LANDSCAPING 238661 7 348369 648319 996688 NET SERVICE REVENUE 623990 22814127 22814127 MANAGEMENT FEES 623990 4645503 4645503 ANCILLARY SERVICE REVENUE 623990 3007843 3007843 RENTAL INCOME 623990 2102789 2102789 32570262 842 842 24104 0 24104 24104 24104 33591896 32570262 0 24946 X 11429732 9597483 1832249 134401 117115 17286 1186859 1058805 128054 843688 710819 132869 71819 3771 68048 103538 3000 100538 39224 39224 6442309 1935250 4507059 136961 136961 3533116 533719 2999397 130414 256 130158 1627674 1566768 60906 60937 35999 24938 21270 4540 16730 1925106 1925106 7815923 7634913 181010 220495 143492 77003 RESIDENT CARE 1017346 1017346 MEDICAID BED TAX 581952 581952 REPAIRS & MAINTENANCE 540782 519022 21760 BAD DEBT EXPENSE 84735 84735 421755 362444 59311 38370036 27836535 10533501 0 419459 4620243 1402423 1409982 660864 629042 13910 178019 178788877 86966342 53558982 91822535 4713563 1913920 9101667 9314752 69870868 109888493 3392619 2627068 17049880 17090086 44935410 43804471 5940012 7249160 908240 4572734 29843226 30222480 102069387 105565999 X -32198519 4322494 -32198519 4322494 69870868 109888493 X -4778140 41299153 X X 0 1 X 1 0 X 692027 493986 218708 996688 2401409 34042480 34372943 32402256 30088924 32570262 163476865 34734507 34372943 32896242 30307632 33566950 165878274 0 0 0 165878274 21854 11557 64 705 24946 59126 21854 11557 64 705 24946 59126 34756361 34384500 32896306 30308337 33591896 165937400 0.99960 0.99830 0.00040 0.00170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3379312 3379312 136289372 55789610 80499762 2989778 2649032 340746 33515132 26372914 7142218 2615283 2154786 460497 91822535 DUE FROM AFFILIATES 4370632 OTHER NON-CURRENT ASSETS 4944120 9314752 REFUNDABLE ADVANCES ON LIFE LEASES 26846379 FAIR VALUE INTEREST RATE SWAP AGREEMENTS 3212385 ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS 140120 OTHER LONG TERM LIABILITIES 23596 30222480 X X X X 0 0 0 0 0 0 0 1 0 STEVE FETYKO UMRC CEO 0 359920 0 38400 0 38834 0 19000 0 25151 0 481305 0 0 LORI POTTER UMRC COO 0 272361 0 20000 0 11037 0 25000 0 26016 0 354414 0 0 KIM HOPPE UMRC CFO 0 201923 0 17000 0 0 0 19000 0 16355 0 254278 0 0 NICOLE MAAG VP OF OPERATIONS 0 164923 0 15000 0 0 0 14658 0 21286 0 215867 0 0 CRAIG VANDENBOS DIRECTOR OF FINANCE 147447 0 10000 0 0 0 7967 0 18549 0 183963 0 0 0 CHERYL VAN BEMDEN EXECUTIVE DIRECTOR OF VILLAGE 134273 0 10150 0 0 0 14442 0 5891 0 164756 0 0 0 PART I, LINE 7 PART OF THE COMPENSATION IS VARIABLE AND AT THE DISCRETION OF THE BOARD OF DIRECTORS A THE ECONOMIC DEVELOPMENT CORPORATION OF THE CHARTER TOWNSHIP OF GRAND RAPID 386005448 2013-11-05 34285043 SEE PART VI 0 0 0 B MICHIGAN STRATEGIC FUND 521417332 2013-11-05 17574957 SEE PART VI 0 0 0 C THE ECONOMIC DEVELOPMENT CORPORATION OF THE CHARTER TOWNSHIP OF GRAND RAPID 386005448 2014-06-27 10000000 SEE PART VI 0 0 0 D THE ECONOMIC DEVELOPMENT CORPORATION OF THE CHARTER TOWNSHIP OF GRAND RAPID 386005448 2015-09-30 6500000 SEE PART VI 0 0 0 A 17355585 34285043 236146 34285043 2014 1 0 1 1 B 2143196 17574957 120854 17574957 2014 1 0 1 1 C 1135819 10000000 10000000 2014 1 0 1 1 D 606484 6500000 130000 2015 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 D 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 1 0 0 0 0 B 0 1 0 0 1 0 0 0 0 C 0 1 0 0 1 0 0 0 0 D 0 1 0 0 1 0 0 0 0 A 0 B 0 C 0 SCHEDULE K, PART I, LINE A, COLUMN F: REFINANCE INTERIM TAXABLE FACILITY WHICH CLOSED ON 09/30/2013, THE PROCEEDS OF WHICH FINANCED THE OPTIONAL REDEMPTION OF REFUNDED BONDS WITH THE LAST CALL DATE OF 11/01/2013. SCHEDULE K, PART I, LINE B, COLUMN F: REFINANCE INTERIM TAXABLE FACILITY WHICH CLOSED ON 09/30/2013, THE PROCEEDS OF WHICH FINANCED THE OPTIONAL REDEMPTION OF REFUNDED BONDS WITH THE LAST CALL DATE OF 11/01/2013. SCHEDULE K, PART I, LINE C, COLUMN F: THE PROCEEDS FINANCED THE PARTIAL OPTIONAL REDEMPTION OF THE BONDS DESCRIBED IN LINE "A" ABOVE AND PROVIDED ADDITIONAL FUNDING FOR THE PURCHASE OF PROPERTY AND EQUIPMENT. SCHEDULE K, PART II, LINE 7, COLUMN C: NONE OF THE BOND PROCEEDS WERE USED TO PAY FOR THE BOND ISSUANCE COST. FORM 990, PART I, ITEM C DBA: PORTER HILLS RETIREMENT COMMUNITIES AND SERVICES, INC. PORTER HILLS HEALTH CENTER. DBA: COOK VALLEY ESTATES PORTER HILLS RETIREMENT COMMUNITY & SERVICES. DBA: VALLEY HEALTH CENTER FORM 990, PART VI, SECTION A, LINE 6 UNITED METHODIST RETIREMENT COMMUNITIES, INC. IS THE SOLE MEMBER OF PORTER HILLS PRESBYTERIAN VILLAGE. FORM 990, PART VI, SECTION A, LINE 7A DURING THE FIRST 5 YEARS BEGINNING ON MARCH 1, 2019, PORTER HILLS PRESBYTERIAN VILLAGE WILL ELECT 2 BOARD MEMBERS, UNITED METHODIST RETIREMENT COMMUNITIES WILL ELECT 4 BOARD MEMBERS, AND WESTMINSTER PRESBYTERIAN CHURCH WILL ELECT 1 BOARD MEMBER. FORM 990, PART VI, SECTION A, LINE 7B AS THE SOLE MEMBER OF THE CORPORATION, APPROVAL BY THE UNITED METHODIST RETIREMENT COMMUNITIES, INC. BOARD IS REQUIRED TO TAKE THE FOLLOWING ACTIONS: (A) AMEND THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS; (B) ADOPT AN AGREEMENT OF MERGER OR CONSOLIDATION OF THE CORPORATION; (C) SELL, LEASE, TRANSFER, OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE PROPERTY OR ASSETS OF MAJOR BUSINESS LINES OF THE CORPORATION OR ANY SUBSTANTIAL ASSETS OF THE CORPORATION; (D) APPROVE ANNUAL OPERATING AND CAPITAL BUDGETS OF THE CORPORATION; (E) DISSOLVE OR REVOKE A PLAN TO DISSOLVE THE CORPORATION; (F) ACQUIRE REAL ESTATE, OR ACQUIRE OWNERSHIP OR CONTROL OF EXISTING SERVICE AGENCIES OR PROGRAMS; (G) EXPAND THE CORPORATION'S BUSINESS BEYOND ITS ORIGINAL SERVICE AREA; OR (H) INCUR DEBT IN AN AMOUNT ABOVE $500,000 IN THE AGGREGATE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY PLANTE & MORAN AND REVIEWED BY THE CFO AND THE VP OF FINANCE, BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO ANNUALLY DISCLOSE WHETHER OR NOT THEY HAVE ANY INTEREST THAT MAY RESULT IN A CONFLICT. THE FORM WHICH THEY SIGN REQUIRES THEM TO PROMPTLY REPORT ANY POSSIBLE EXSISTENCE OF A CONFLICT OF INTEREST FOR THEMSELVES OR ANYONE ELSE SUBJECT TO THE POLICY. IF A POSSIBLE CONFLICT WAS REPORTED ON THE ANNUAL FORM OR IF NOTICE WAS GIVEN AFTER THE ANNUAL DISCLOSURE, THE INFORMATION DISCLOSED WOULD BE EVALUATED AND IF NECESSARY, COMPLIANCE WOULD BE ENFORCED. FORM 990, PART VI, SECTION B, LINE 15B FOR EXECUTIVE COMPENSATION A MINIMUM OF THREE SOURCES ARE USED. EACH SOURCE IS A THIRD PARTY ORGANIZATION SPECIALIZING IN COMPENSATION IN THE WEST MICHIGAN AREA. THIS INFORMATION IS THEN COMPILED BY THE HR DEPARTMENT AND USED TO MAKE A RECOMMENDATION ON THE APPROPRIATE SALARY FOR EACH PERSON. THE RECOMMENDATION IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS. THE CEO OF THE ORGANIZATION WAS COMPENSATED BY A RELATED ORGANIZATION. CONSEQUENTLY, PART VI, LINE 15A HAS BEEN ANSWERED "NO". THE RELATED ORGANIZATION USED THE SAME PROCESS OUTLINED ABOVE TO DETERMINE THE COMPENSATION FOR THE CEO OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIALS AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,935,250. MANAGEMENT AND GENERAL EXPENSES 4,507,059. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,442,309. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -964,658. UNREALIZED LOSS ON JOINT VENTURES 1,993,563. FMV ADJUSTMENT OF FIXED ASSETS AT 7/1/2019 40,270,248. FORM 990, PART XII LINE 2C: THE PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED. PORTER HILLS HOME HEALTH WEST 4450 CASCADE ROAD SE STE 200 GRAND RAPIDS MI 49546 383384372 CERTIFIED HOME HEALTH MI 501(C)(3) LINE 10 PORTER HILLS PRESBYTERIAN VILLAGE 1 PORTER HILLS AT HOME 4450 CASCADE ROAD GRAND RAPIDS MI 49546 453469541 HOME CARE MI 501(C)(3) LINE 10 PORTER HILLS PRESBYTERIAN VILLAGE 1 PORTER HILLS FOUNDATION 4450 CASCADE ROAD SE GRAND RAPIDS MI 49546 383243846 SUPPORTING ORGANIZATION WITH PUBLIC CHARITY STATUS MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 LIFE CIRCLES 560 SEMINOLE ROAD MUSKEGON MI 49444 260170498 PACE PROGRAM MI 501(C)(3) LINE 10 PORTER HILLS PRESBYTERIAN VILLAGE 1 MEADOWLARK RETIREMENT HOME 4450 CASCADE ROAD GRAND RAPIDS MI 49546 383373281 RETIREMENT COMMUNITY MI 501(C)(3) LINE 10 PORTER HILLS PRESBYTERIAN VILLAGE 1 BAILEYS GROVE RETIREMENT COMMUNITY INC 5252 BAILEYS CENTER DRIVE SE KENTWOOD MI 49512 383643825 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 RIVER GROVE RETIREMENT COMMUNITY INC 5761 JUPITER AVE BELMONT MI 49306 383519530 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 SPARTA RETIREMENT COMMUNITY INC 100 IDA ROAD SPARTA MI 49345 383445251 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 SENORA WOODS RETIREMENT COMMUNITY INC 3781 GIDDINGS AVE GRAND RAPIDS MI 49508 383382610 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 WALKER MEADOW RETIREMENT COMMUNITY INC 1101 WILSON AVE WALKER MI 49534 383283760 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 STATION CREEK RETIREMENT COMMUNITY 10010 CROSSROAD COURT SE CALEDONIA MI 49316 200771871 RETIREMENT COMMUNITY MI 501(C)(3) LINE 7 PORTER HILLS PRESBYTERIAN VILLAGE 1 UNITED METHODIST RETIREMENT COMMUNITIES INC 805 W MIDDLE ST CHELSEA MI 48118 381366908 RETIREMENT COMMUNITY MI 501(C)(3) LINE 10 N/A 0 UMRCPH INC 805 W MIDDLE ST CHELSEA MI 48118 383358620 PRIVATE DUTY AND TRANSPORTATION COMPANY MI 501(C)(3) LINE 10 UNITED METHODIST RETIREMENT COMMUNITIES INC 1 UMRC FOUNDATION 805 W MIDDLE ST CHELSEA MI 48118 383443089 SUPPORTING ORGANIZATION WITH PUBLIC CHARITY STATUS MI 501(C)(3) LINE 7 UNITED METHODIST RETIREMENT COMMUNITIES INC 1 THE WASHTENAW PACE INC 2940 ELLSWORTH ROAD YPSILANTI MI 48197 275067787 PACE PROGRAM MI 501(C)(3) LINE 10 UNITED METHODIST RETIREMENT COMMUNITIES INC 1 THE CASCADE PACE INC 2282 SPRINGPORT ROAD JACKSON MI 49202 465362872 PACE PROGRAM MI 501(C)(3) LINE 10 UNITED METHODIST RETIREMENT COMMUNITIES INC 1 UMRC DETROIT AAL INC 805 W MIDDLE ST CHELSEA MI 48118 274331985 GEN PARTNER MI N/A C 0 0 0 1 1 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 LIFE CIRCLES L 285000 ALLOCATION OF COST MEADOWLARK RETIREMENT HOME L 308214 ALLOCATION OF COST PORTER HILLS AT HOME HEALTH WEST L 634476 ALLOCATION OF COST PORTER HILLS FOUNDATION L 82172 ALLOCATION OF COST PORTER HILLS FOUNDATION C 348369 ACTUAL COST OAK RIDGE D 57500 ACTUAL COST MEADOWLARK RETIREMENT HOME D 1034312 ACTUAL COST