2020-02-05T10:25:44-06:00 2019-03-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2018-04-01 362815382 EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO INC EVAN 8478845000 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MICHAEL FLYNN CFO 8478845000 2019-12-12 1 CHRIS MANDERFIELD P01238973 6305738600 2019-12-10 67.137.57.251 2019-12-12 16:17:57 CS P 15FC16222CA11D74FA98B06BEF52F7231FC6830F 75F10D8B6E46B88BC3494B5A051E4CA762CDB23E 2018 2020-09-23 17:36:50Z FRIENDSHIP VILLAGE OF SCHAUMBURG STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 57186927 0 X WWW.FRIENDSHIPVILLAGE.ORG X 1974 IL TO PROVIDE MATURE ADULTS WITH EXCEPTIONAL LIVING CHOICES. 9 9 0 509 8240 0 40000 15000 52931890 52536750 1581578 1607662 514292 646276 55067760 54805688 0 0 0 0 25358780 25837499 0 0 0 36045111 38330243 61403891 64167742 -6336131 -9362054 151737577 148755436 238481687 238501529 -86744110 -89746093 X IN THE SPIRIT OF FRIENDSHIP, WE PROVIDE SENIORS WITH DISTINCTIVE HOMES AND EXCEPTIONAL SERVICES THAT RESPECT THEIR FAITH TRADITIONS, SUPPORT THEIR INDEPENDENCE AND ENHANCE THEIR WELL-BEING. OUR EXPERTISE AND RESOURCES ARE EXTENDED TO OUR PARTNERS, AFFILIATES AND THE BROADER COMMUNITY AS AN EXPRESSION OF FRIENDSHIP. 0 0 52070747 53102610 EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO DBA: FRIENDSHIP VILLAGE OF SCHAUMBURG IS A LIFE PLAN COMMUNITY PROVIDING LIVING ARRANGEMENTS AND SERVICES TO SENIORS. CAMPUS WIDE SERVICES INCLUDE DINING, ACTIVITIES, MAINTENANCE, HOUSEKEEPING, WELLNESS PROGRAMS, SUPPORTIVE SERVICES, AND 24 HOUR SECURITY. THE INDEPENDENT LIVING AREA (562 RESIDENCES) OFFERS A VARIETY OF PRIVATE LIVING ARRANGEMENTS, A FITNESS CENTER, AND OTHER AMENITIES. THE CAMPUS ALSO HAS 28 GARDEN HOMES, 84 ASSISTED LIVING APARTMENTS, 25 MEMORY SUPPORT UNITS, AND A 248 BED SKILLED HEALTH CARE FACILITY. 52070747 1 1 0 0 0 0 0 0 1 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 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JEFF NYBERG 8478434259 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 WILLIAM POWELL SECRETARY 0.20 1.40 X X 0 0 0 DUANE TYLER TREASURER 0.20 0.10 X X 0 900 0 BRAD BARRIE DIRECTOR 0.20 0.80 X 0 3000 0 LARRY SHOEMAKE DIRECTOR 0.20 0.80 X 0 4050 0 LOREN TRIMBLE DIRECTOR 0.20 0.30 X 0 1500 0 JEAN SCHLINKMANN CHAIR 0.20 0.60 X X 0 3000 0 KATHLEEN RIVERA DIRECTOR 0.20 0.20 X 0 900 0 MARY SHEAHEN DIRECTOR 0.20 0.20 X 0 900 0 PAUL SCHAFFHAUSSEN DIRECTOR 0.20 0.00 X 0 0 0 STEPHEN YENCHEK PRESIDENT & CEO 12.00 28.00 X 0 465049 74200 MICHAEL FLYNN VICE PRESIDENT & CFO 16.00 24.00 X 0 305637 28037 ANTHONY MADL ADMINISTRATOR 40.00 X 0 143986 19625 ELAINE BROOKS DIRECTOR OF NURSING 40.00 X 0 110005 5925 DEAN DELLARIA DIRECTOR OF SALES 40.00 X 0 133685 23527 RICK PAISLEY DIRECTOR, RESIDENT SUPPORT 40.00 X 0 112004 15545 GILA FERNANDEZ REGISTERED NURSE 40.00 X 0 104261 9817 0 1388877 176676 0 0 1 0 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MANAGEMENT 6702432 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICE 4595906 RIEHLE DEVELOPMENT 479 S WESTERN AVENUE BARTLETT IL 60103 CONTRACTOR 2622228 SYMBRIA REHAB INC 28100 TORCH PKWY 600 WARRENVILLE IL 60555 REHAB AND THERAPY 2127199 DAVIS HARRISON DION 333 MICHIGAN AVENUE 2300 CHICAGO IL 60601 ADVERTISING 1060934 22 15000 15000 RESIDENT SERV REVENUE 623990 47791363 47791363 AMORT. OF ENTRANCE FEES 623990 4745387 4745387 52536750 1276217 1276217 88379 7963 80416 80416 8240 72176 2704721 2373276 331445 331445 331445 TELEPHONE AND INTERNET FEES 900099 268736 268736 CONVENIENCE STORE REVENUE 900099 102706 102706 CAFE REVENUE 900099 98102 98102 96316 96316 565860 54805688 53102610 8240 1679838 X 3150 3150 20073773 18683325 1390448 4374074 4073961 300113 1386502 1290261 96241 6702432 6702432 13376 13376 99810 99810 3705011 3499388 205623 1745343 1745343 853103 442377 410726 112705 4446 108259 2642012 2509911 132101 100250 95929 4321 31908 16771 15137 6327626 6327626 7429087 7057633 371454 1007727 1007727 FOOD/MEDICINE/SUPPLIES 4837756 4837756 REPAIRS AND MAINTENANCE 1917006 1765161 151845 BAD DEBT EXPENSE 401059 401059 RESIDENT EVENTS/PROGRAM 314865 314865 89167 43800 45367 64167742 52070747 12096995 0 7481 5981 6836510 11662017 6683331 5503736 139868 153619 119906 98321 205989045 110415844 95239631 95573201 36087991 30256338 164189 169076 6458670 5333147 151737577 148755436 5989501 8416659 17616559 19385098 119311220 117146853 95564407 93552919 238481687 238501529 X -86744110 -89746093 -86744110 -89746093 151737577 148755436 X -9362054 -552242 -701336 7613649 X X 0 1 X 1 0 X 61103 40000 15000 116103 49899074 51450331 53373184 52931890 52536750 260191229 496757 517010 454232 378744 469544 2316287 50456934 51967341 53827416 53350634 53021294 262623619 0 0 0 262623619 1487790 996428 872135 846376 1356633 5559362 1487790 996428 872135 846376 1356633 5559362 21899 35923 42178 46328 96316 242644 51966623 52999692 54741729 54243338 54474243 268425625 0.97840 0.97920 0.02070 0.02010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3833 2085 2507 3411 0 4524257 4524257 173112696 88332096 84780600 16919428 14287828 2631600 11432664 7795920 3636744 95573201 REFUNDABLE ENTRANCE FEES 91774474 ENTRANCE FEE DEPOSITS 1778445 93552919 X PART IV, LINE 1B: THE ACTIVITY DEPARTMENT OF EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO MAINTAINS A TRUST ACCOUNT AND PETTY CASH REQUIRED BY THE STATE TO SUPPORT RESIDENTS UNDER THE PUBLIC AID PROGRAM AND TO HOLD CASH THAT RESIDENTS IN THE HEALTHCARE RELATED AREAS CAN USE FOR OUTINGS AND PERSONAL EXPENDITURES. THE ACCOUNT IS REVIEWED MONTHLY FOR ACCURACY. PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATIONAL RETURNS AS A TAX-EXEMPT ORGANIZATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN YENCHEK PRESIDENT & CEO 0 337375 0 127674 0 0 0 59332 0 14868 0 539249 0 0 MICHAEL FLYNN VICE PRESIDENT & CFO 0 235005 0 70632 0 0 0 6356 0 21681 0 333674 0 0 ANTHONY MADL ADMINISTRATOR 0 143986 0 0 0 0 0 1557 0 18068 0 163611 0 0 DEAN DELLARIA DIRECTOR OF SALES 0 130685 0 3000 0 0 0 2685 0 20842 0 157212 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO WAS DETERMINED BY METHODS USED BY A RELATED ORGANIZATION. SEE SCHEDULE O RESPONSE FOR PART VI, SECTION B, LINE 15A. PART I, LINE 4B STEPHEN YENCHEK, PRESIDENT & CEO - $50,000 A ILLINOIS FINANCE AUTHORITY 861091967 45204EA81 2017-12-28 2345373 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EA99 2017-12-28 2439784 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45204EA23 2017-12-28 2539164 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45204EA31 2017-12-28 2663389 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 A 2345373 160648 1863187 46907 235933 38698 2017 1 0 1 1 B 2439784 167115 1938188 48795 245430 40256 2017 1 0 1 1 C 2539164 173922 2017136 50783 255427 41896 2017 1 0 1 1 D 2663389 182430 2115821 53269 267924 43945 2017 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 D 0 0 0 0 1 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45204EA57 2017-12-28 15453622 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EA65 2017-12-28 44904946 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45204EA73 2017-12-28 51444163 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 A 15453622 1058505 12276504 309072 1554558 254983 2017 1 0 1 1 B 44904946 3075792 35672914 898099 4517215 740926 2017 1 0 1 1 C 51444163 3523700 40867730 1028883 5175028 848822 2017 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 C 0 1 0 0 0 0 0 0 0 A 1 B 1 C 1 FORM 990, PART VI, SECTION A, LINE 3 FRIENDSHIP SENIOR OPTIONS, NFP PROVIDES STRATEGIC DIRECTION AND CRITICAL MANAGEMENT SERVICES INCLUDING EXECUTIVE, ADMINISTRATIVE, AND FINANCIAL FUNCTIONS TO EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO. FORM 990, PART VI, SECTION A, LINE 6 FRIENDSHIP SENIOR OPTIONS, NFP IS THE SOLE MEMBER IN THAT IT CAN APPOINT THE MEMBERS OF THE GOVERNING BODY OF EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO. FORM 990, PART VI, SECTION A, LINE 7A FRIENDSHIP SENIOR OPTIONS, NFP IS THE SOLE MEMBER IN THAT IT CAN APPOINT THE MEMBERS OF THE GOVERNING BODY OF EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO. FORM 990, PART VI, SECTION A, LINE 7B SECTION 2.3 OF THE BYLAWS PROVIDE FOR THE FOLLOWING EXCLUSIVE POWERS OF THE SOLE CORPORATION MEMBER: (A) ADOPT AND AMEND THE ARTICLES OF INCORPORATION AND BYLAWS OF THE CORPORATION, AS PROVIDED IN ARTICLE IX. (B) ADOPT AND AMEND THE CORPORATION'S STATEMENTS OF MISSION, PHILOSOPHY OR PURPOSE. (C) APPOINT THE CORPORATION'S BOARD AND REMOVE ANY DIRECTOR OR DIRECTORS, WITH OR WITHOUT CAUSE, ALL AS DESCRIBED MORE FULLY IN ARTICLE III. (D) ESTABLISH A SPENDING LIMIT AND/OR INVESTMENT POLICY FOR THE CORPORATION. (E) SELECT INDEPENDENT AUDITORS, LEGAL COUNSEL AND/OR OTHER MAJOR CONSULTANTS FOR THE CORPORATION. (F) AUTHORIZE OR ADOPT A PLAN OF MERGER, CONSOLIDATION, CORPORATE REORGANIZATION, OR THE CREATION OF A NEW SUBSIDIARY OR AFFILIATE. (G) AUTHORIZE DISSOLUTION OR LIQUIDATION. (H) AUTHORIZE THE LEASE, SALE, EXCHANGE, OR OTHER DISPOSITION OF SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. (I) APPOINT, REVIEW AND REMOVE, WITH OR WITHOUT CAUSE, THE CHIEF EXECUTIVE OFFICER/PRESIDENT OF THE CORPORATION. (J) ESTABLISH OR ADOPT CAPITAL AND OPERATING BUDGETS OF CORPORATION OR AMENDMENTS THERETO. (K) ESTABLISH OR ADOPT ANY MAJOR CHANGE IN THE PROGRAMS OR SERVICES PROVIDED BY THE CORPORATION, INCLUDING ANY CREATION OF NEW PROGRAMS OR SERVICES OR DISCONTINUATION OF EXISTING PROGRAMS OR SERVICES. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD OF DIRECTOR MEMBERS RECEIVE THE FORM 990 VIA EMAIL BEFORE IT IS FILED. THE FINANCE COMMITTEE PRESENTED WITH THE 990 BY THE TAX PREPARERS REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR, THE BOARD MEMBERS AND MANAGEMENT TEAM RECEIVE A CONFLICT OF INTEREST POLICY. THEY HAVE TO SIGN AN ATTACHMENT STATING THAT THEY RECEIVED THE POLICY AND WHETHER OR NOT THEY ARE AWARE OF ANY CONFLICTS. ON THOSE OCCASIONS WHERE THE ISSUE ARISES, THE CONFLICT, THE POTENTIAL FOR CONFLICT, OR THE PERCEPTION OF CONFLICT IS FULLY DISCLOSED TO THE BOARD PRIOR TO DISCUSSION ON THE MATTER CALLING FOR BOARD ACTION. PRIOR TO SUCH DISCUSSION, THE BOARD HAS DETERMINED WHETHER THE PRESENCE OF OR PARTICIPATION BY THE "CONFLICTED" BOARD MEMBER IN THE DISCUSSION WILL INFLUENCE THE DISCUSSION ITSELF OR ITS OUTCOME. THE "CONFLICTED" MEMBER MAY OR MAY NOT BE EXCUSED FROM SUCH DISCUSSION. IN ALL INSTANCES, THE "CONFLICTED" BOARD MEMBER ABSTAINS FROM ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE MOST RECENT EXECUTIVE COMPENSATION SALARY SURVEY WAS CONDUCTED IN AUGUST 2019 AT THE REQUEST OF THE FSO EXECUTIVE COMMITTEE (WHOSE RESPONSIBILITY IS EXECUTIVE COMPENSATION) AND THE FSO PRESIDENT/CEO. THE ORGANIZATION AT THE DIRECTIVE OF THE EXECUTIVE COMMITTEE CONTRACTS WITH AN INDEPENDENT, EXTERNAL COMPENSATION CONSULTANT TO PROVIDE THE SALARY SURVEY DATA AND TO ENSURE WE ARE IN COMPLIANCE WITH ALL IRS RULINGS ON EXECUTIVE COMPENSATION. WE ALSO MAINTAIN A PLAN DOCUMENT THAT IS REVIEWED ANNUALLY AND UPDATED AS REGULATIONS OF THE PLAN CONSTRUCT CHANGES. THE EXECUTIVE COMMITTEE HAS FINAL APPROVAL FOR ALL SALARY AND BENEFIT ADJUSTMENTS FOR THE EXECUTIVES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE MAIN DESK UPON REQUEST. THE PUBLIC IS ABLE TO OBTAIN COPIES OF THE ANNUAL REPORT WITH SUMMARIZED INFORMATION, THE GOVERNING DOCUMENTS, AND THE CONFLICT OF INTEREST POLICY UPON REQUEST. FORM 990, PART IX FRIENDSHIP SENIOR OPTIONS, NFP IS THE COMMON PAYMASTER FOR ITS OWN EMPLOYEES AS WELL AS THOSE OF ITS RELATED ORGANIZATIONS NOTED IN SCHEDULE R. AS SUCH, FRIENDSHIP SENIOR OPTIONS HAS FILED ALL APPROPRIATE TAX RETRNS AND ISSUED FORMS W-2 WITH RESPECT TO WAGES IT HAS PAID AS COMMON PAYMASTER. EACH RELATED ORGANIZATION HAS REIMBURSED FRIENDSHIP SENIOR OPTIONS FOR ITS SHARE OF WAGES AND TAX PAYMENTS. FORM 990, PART IX EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO, INC. REPORTS NO FUNDRAISING EXPENSES ON PART IX OF THE RETURN. THIS IS BECAUSE ITS RELATED PARTY, FRIENDSHIP SENIOR OPTIONS FOUNDATION, WAS CREATED IN ORDER TO PERFORM THE FUNDRAISING FUNCTIONS FOR THE ENTITY. FORM 990, PART XI, LINE 9: GAIN FROM INSURANCE CLAIMS 7,613,649. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG SCHAUMBURG IL 60194 201278553 SUPPORT IL 501(C)(3) LINE 12C, III-FI N/A 0 FRIENDSHIP VILLAGE OF MILL CREEK NFP 350 W SCHAUMBURG SCHAUMBURG IL 60194 203300991 LIFE PLAN COMMUNITY IL 501(C)(3) LINE 10 FRIENDSHIP SENIOR OPTIONS NFP 0 FRIENDSHIP SENIOR OPTIONS FOUNDATION 350 W SCHAUMBURG SCHAUMBURG IL 60194 201630044 SUPPORT IL 501(C)(3) LINE 12A, I FRIENDSHIP SENIOR OPTIONS NFP 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 FRIENDSHIP SENIOR OPTIONS NFP D 5029480 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP M 6702432 FAIR MARKET VALUE