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 203300991 FRIENDSHIP VILLAGE OF MILL CREEK NFP FRIE 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 15:18:35 CS P 15FC16222CA11D74FA98B06BEF52F7231FC6830F 75F10D8B6E46B88BC3494B5A051E4CA762CDB23E 2018 2020-11-19 02:30:22Z GREENFIELDS OF GENEVA STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 16256934 0 X WWW.GREENFIELDSOFGENEVA.ORG X 2005 IL LONG-TERM CARE RETIREMENT COMMUNITY. 5 5 0 45 0 0 0 0 14738300 15879604 36060 234792 1877478 142538 16651838 16256934 0 0 0 0 8044238 8616956 0 0 0 15084730 15246832 23128968 23863788 -6477130 -7606854 99999072 90556869 118967235 120858183 -18968163 -30301314 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 20894311 16022292 FRIENDSHIP VILLAGE OF MILL CREEK, NFP DBA: GREENFIELDS OF GENEVA 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 (139 RESIDENCES) OFFERS A VARIETY OF PRIVATE LIVING ARRANGEMENTS, A FITNESS CENTER, AND OTHER AMENITIES. THE CAMPUS ALSO HAS 51 ASSISTED LIVING APARTMENTS, 26 MEMORY SUPPORT UNITS, AND A 43 BED SKILLED HEALTH CARE FACILITY. 20894311 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 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 CATHERINE TARDY CHAIR 0.20 0.60 X X 0 3000 0 GEOFF ROEHLL SECRETARY 0.20 1.00 X X 0 4650 0 TOM CASTRONOVO TREASURER 0.20 0.50 X X 0 2850 0 RONALD AHLMAN DIRECTOR 0.20 X 0 900 0 BILL BOWNE DIRECTOR 0.20 0.10 X 0 1050 0 STEPHEN YENCHEK PRESIDENT & CEO 12.00 28.00 X 0 465049 74200 MICHAEL FLYNN VICE PRESIDENT & CFO 15.00 25.00 X 0 305637 28037 DALE LILBURN EXECUTIVE DIRECTOR 40.00 X 0 110000 0 JAMES HOLBROOK EXECUTIVE DIRECTOR 40.00 X 0 136696 9042 DAWN FOLEY RESIDENCY COUNSELOR 40.00 X 0 104243 10166 0 1134075 121445 0 0 1 0 MORRISON MANAGEMENT SPECIALISTS 400 NORTHRIDGE RD STE 600 ATLANTA GA 30350 DINING SERVICE 2250908 DAVIS HARRISON DION 333 N MICHIGAN AVE SUITE 2300 CHICAGO IL 60601 ADVERTISING 736717 SYMBRIA REHAB 28100 TORCH PKWY 600 WARRENVILLE IL 60555 REHAB AND THERAPY 691839 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG RD SCHAUMBURG IL 60194 MANAGEMENT 683664 SYMBRIA RX SERVICES 28100 TORCH PKWY 600 WARRENVILLE IL 60555 HEALTH CONSULTANT 238414 9 RESIDENT SERV REVENUE 623990 14700258 14700258 AMORT. OF ENTRANCE FEES 623990 1179346 1179346 15879604 234792 234792 TELEPHONE SERVICE FEES 900099 54348 54348 MISCELLANEOUS 900099 37650 37650 INTERNET FEES 900099 20858 20858 29682 29682 142538 16256934 16022142 0 234792 X 5550 5550 6721382 6033055 688327 1435804 1301101 134703 454220 407742 46478 683664 683664 47872 47872 39582 39582 1347112 1319725 27387 758687 758687 367488 219152 148336 64172 20546 43626 1051907 999312 52595 8783 6543 2240 7716 5014 2702 4692611 4692611 2617609 2486729 130880 352000 352000 FOOD/MEDICINES/SUPPLIES 1705289 1705289 REPAIRS AND MAINTENANCE 1205627 1105657 99970 RESIDENT EVENTS/PROGRAM 159117 159117 BAD DEBT EXPENSE 78606 78606 58990 35586 23404 23863788 20894311 2969477 0 1606 1642 1622633 3530750 2618878 1011779 27650 26019 54736 44738 92779678 19676333 75529261 73103345 14806402 12838596 5337906 0 99999072 90556869 3259676 3497908 9708266 12472094 62286714 61949711 43712579 42938470 118967235 120858183 X -18968163 -30301314 -18968163 -30301314 99999072 90556869 X -7606854 64179 -5337906 1547430 X X 0 1 X 1 0 X 13607782 15328156 14892761 14738300 15879604 74446603 126902 114626 241528 13734684 15442782 14892761 14738300 15879604 74688131 0 0 0 74688131 204567 166576 145208 54367 234792 805510 204567 166576 145208 54367 234792 805510 1550 11919 1223943 1877478 142538 3257428 13940801 15621277 16261912 16670145 16256934 78751069 0.94840 0.94300 0.01020 0.01170 X 6150047 6150047 78234906 13642967 64591939 8214995 5904910 2310085 179730 128456 51274 73103345 DUE TO FRIENDSHIP SENIOR OPTIONS, NFP 265532 ENTRANCE FEE DEPOSITS 729517 REFUNDABLE ENTRANCE FEES 41943421 42938470 X 17828961 64179 1600000 1664179 16164782 39582 52570 92152 16256934 23824206 0 23824206 39582 39582 23863788 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: SETTLEMENT INCOME 1,600,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: EMERGENCE FROM BANKRUPTCY EXPENSE 52,570. 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 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 IV, SECTION B, LINE 15A. PART I, LINE 4B STEPHEN YENCHEK, PRESIDENT & CEO - $50,000 A ILLINOIS FINANCE AUTHORITY 861091967 45204EZC5 2017-11-17 10000000 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EZD3 2017-11-17 55000000 0 0 0 A 10000000 1570642 192005 108204 8129149 2017 1 0 1 1 B 55000000 8638530 1056028 595124 44710318 2017 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 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 FRIENDSHIP VILLAGE OF MILL CREEK, NFP. 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 FRIENDSHIP VILLAGE OF MILL CREEK, NFP. 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 FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION A, LINE 7B SECTION 2.3 OF THE BYLAWS PROVIDE FOR THE FOLLOWING EXCLUSIVE POWERS TO THE SOLE CORPORATE 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 RETURNS 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 FRIENDSHIP VILLAGE OF MILL CREEK, NFP 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: SETTLEMENT INCOME 1,600,000. EMERGENCE FROM BANKRUPTCY EXPENSE -52,570. 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. EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 362815382 LIFE CARE COMMUNITY IL 501(C)(3) LINE 10 FRIENDSHIP SENIOR OPTIONS NFP 0 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201278553 SUPPORT IL 501(C)(3) LINE 12C, III-FI N/A 0 FRIENDSHIP SENIOR OPTIONS FOUNDATION 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201630044 SUPPORT IL 501(C)(3) LINE 12A, I FRIENDSHIP SENIOR OPTIONS NFP 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 FRIENDSHIP SENIOR OPTIONS NFP M 683664 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP E 265532 FAIR MARKET VALUE