2019-05-13T10:17:34-07:00 2018-12-31 263539088 HART & ASSOCIATES CPAS PSC PO BOX 99008 LOUISVILLE KY 402690008 990 2018-01-01 611314723 VILLAGE EAST INC VILL 5022541799 11530 HERRICK LN LOUISVILLE KY 40243 JOHN WILLIAMS Executive Director 2019-05-13 true AMY D KNIERIEM CPA P00612607 5022678066 2018 2019-02-21 02:37:17Z 11530 HERRICK LN LOUISVILLE KY 40243 1757293 false false X WWW.VILLAGE-EASTINC.ORG X 1994 KY THE MISSION OF VILLAGE EAST, INC. IS TO PROVIDE AFFORDABLE QUALITY RETIREMENT CARE INCLUDING INDEPENDENT LIVING WITH SUPPORTIVE SERVICES AND ASSISTED LIVING SERVICES FOR SENIOR CITIZENS IN A NURTURING AND CHRISTIAN ENVIRONMENT REGARDLESS OF A PERSON'S RELIGION, RACE, COLOR, CREED, OR NEED FOR FINANCIAL ASSISTANCE. 8 9 25 68 0 145149 253402 1177430 1307870 0 124257 196021 1446836 1757293 0 0 440689 477515 0 34141 1224851 1319510 1665540 1797025 -218704 -39732 6184053 5880233 9327396 9063308 -3143343 -3183075 X THE MISSION OF VILLAGE EAST, INC. IS TO PROVIDE AFFORDABLE QUALITY RETIREMENT CARE INCLUDING INDEPENDENT LIVING WITH SUPPORTIVE SERVICES AND ASSISTED LIVING SERVICES FOR SENIOR CITIZENS IN A NURTURING AND CHRISTIAN ENVIRONMENT REGARDLESS OF A PERSON'S RELIGION, RACE, COLOR, CREED, OR NEED FOR FINANCIAL ASSISTANCE. false false 591511 760733 KARLEN ASSISTED LIVING (KAL) - THE ORGANIZATION OPERATES AN ASSISTED LIVING FACILITY, PROVIDING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING FOR A MONTHLY FEE, WITH A CAPACITY OF 19 RESIDENTS AT ANY TIME. 302509 336291 APARTMENTS - ONE OR TWO BEDROOM APARTMENT HOMES ARE AVAILABLE, FOR A MONTHLY RENT BASED ON THE RESIDENTS MONTHLY INCOME TO PEOPLE AGE 55 OR OLDER. OPTIONAL SERVICES SIMILAR TO PATIO HOME RESIDENTS ARE AVAILABLE TO APARTMENT HOME RESIDENTS. 29 APARTMENTS ARE AVAILABLE FOR RENTAL. 285402 136416 PATIO HOMES (VAM) - THE ORGANIZATION GIVES RESIDENTS THE OPPORTUNITY TO PURCHASE, THROUGH AN ENTRY FEE CONTRACT, THEIR OWN PATIO HOME. REVENUES ARE DERIVED FROM MONTHLY MAINTENANCE FEES FOR HOME MAINTENANCE, INSURANCE, TRANSPORTATION, AND ACTIVITIES. OPTIONAL SERVICES INCLUDE HOME DELIVERED MEALS, LAUNDRY SERVICE, HOUSEKEEPING, AND HOME HEALTH CARE. THERE ARE 24 APARTMENT HOMES, WHICH ARE PURCHASED FROM THE ENTITY, WITH AN AGREEMENT FOR RE-PURCHASE AT A MINIMUM PRICE POINT, TO EASE CONCERNS ABOUT LIQUIDATION SHOULD FINANCIAL NEED ARISE. 66705 449424 1246127 true true false false false false false false true false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 5 0 true 25 true false false false false false false false false 0 false false false false false false false false false false false false X 8 9 false true false false false false false true true false false true true true false false false true false false X X TINA NEWMAN 5022541799 11530 HERRICK LN LOUISVILLE KY 40243 CHRISTINA NEWMAN Executive Dir. 40.00 0.00 X 90000 0 0 RALPH WILSON Director 0.00 0.00 X 0 0 0 HENRIETTA BARKER Secretary 2.00 0.00 X 0 0 0 KEN LIST Treasurer 1.00 0.00 X 0 0 0 JIM BROWN Vice President 1.00 0.00 X 0 0 0 SUSAN EICHER President 1.00 0.00 X 0 0 0 JANICE STEPHENS Director 1.00 0.00 X 0 0 0 LESLIE HALFACRE Director 0.00 0.00 X 0 0 0 90000 0 false false false 0 253402 253402 AMORTIZATION OF ENTRY FEE 74431 74431 ASSISTED LIVING RESIDENCE 760732 760732 MAINTENANCE FEES-PATIO 136416 136416 MAINTENANCE FEES-RENT 336291 336291 1307870 0 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 531310 196021 196021 196021 1757293 1503891 0 0 0 0 90000 90000 0 387515 282886 96879 7750 0 0 0 111419 81336 27855 2228 0 12825 9362 3206 257 0 0 0 0 5996 4377 1499 120 1395 1018 349 28 0 0 143848 105009 35962 2877 540 394 135 11 0 0 262046 191294 65511 5241 0 318238 232314 79559 6365 62711 45779 15678 1254 OTHER PROGRAM EXPENSES 138188 100877 34547 2764 ADMINISTRATIVE 125915 91918 31479 2518 CONTRACT LABOR 108794 79420 27198 2176 SUPPLIES 18891 13790 4723 378 8704 6353 2177 174 1797025 1246127 516757 34141 60315 59304 0 0 10190 10132 0 0 0 0 0 10305912 4495115 6113548 5810797 0 0 0 0 0 6184053 5880233 35000 33000 4054445 3997474 5237951 5032834 9327396 9063308 X -3143343 -3183075 -3143343 -3183075 6184053 5880233 -39732 X false false false X 183509 27424 263548 145149 253402 873032 0 0 183509 27424 263548 145149 253402 873032 0 873032 638 638 0 62228 62228 935898 0.93280 X false true 535000 535000 9385729 4401644 4984085 257626 92683 164943 97975 91205 6770 29582 -90417 119999 5810797 N/P-CUB 739392 N/P-CUB-APTS 3200527 N/P-MHK IRREVOCABLE TRUST 490709 N/P-REK TRUST FBO RICHARD E KARLEN 305000 N/P-W. PAYNE 50000 Rounding 2 SEBREE CRT LOAN 247204 5032834 Form 990, Part III, Line 4d: Other Program Services Description OTHER PROGRAM SERVICES 4: APARTMENTS - ONE OR TWO BEDROOM APARTMENT HOMES ARE AVAILABLE, FOR A MONTHLY RENT BASED ON THE RESIDENTS MONTHLY INCOME TO PEOPLE AGE 55 OR OLDER. OPTIONAL SERVICES SIMILAR TO PATIO HOME RESIDENTS ARE AVAILABLE TO APARTMENT HOME RESIDENTS. 29 APARTMENTS ARE AVAILABLE FOR RENTAL. Form 990, Part VI, Line 11b: Form 990 Review Process PREPARER PROVIDES A DRAFT COPY OF THE FORM 990 FOR REVIEW BY THE EXECUTIVE DIRECTOR. EXECUTIVE DIRECTOR REVIEWS THE FORM 990 AND SUPPORTING SCHEDULES. THE PREPARER AND THE EXECUTIVE DIRECTOR DISCUSS ANY QUESTIONS AND MAKE APPROPRIATE CHANGES PRIOR TO FILING FORM 990. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE BOARD OF DIRECTORS REGULARLY REVIEW THE CONTRACT AGREEMENT FOR SERVICES WITH THE RETIREMENT CARE SERVICES. THE AMOUNT PAID HAS NOT BEEN CHANGED IN SEVERAL YEARS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. ROY E AND MARGUERITE H KARLEN ASSISTED 11530 HERRICK LN LOUISVILLE KY 40243 030505788 ASSISTED LIVING KY VILLAGE EAST INC VILLAGE EAST FOUNDATION INC 417 CHRISTAN VILLAGE CIR 106 LOUISVILLE KY 40243 204888251 FOUNDATION KY N/A false false false false false false false false false false false false false false false false false false false