2018-11-19T13:17:37-06:00 2018-03-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2017-04-01 362815382 EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO INC EVAN 8478845000 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MICHAEL FLYNN CFO 8478845000 2018-11-08 1 CHRIS MANDERFIELD P01238973 6305738600 2018-11-08 67.137.57.251 2018-11-08 12:05:48 CS P 74360C0F9F998AEB88742761FB50F404B4DAF3FD 80C43226D4E09B8617C70E8679C144E30C781DB8 2017 2019-02-21 02:37:17Z FRIENDSHIP VILLAGE OF SCHAUMBURG STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 63022685 0 X WWW.FRIENDSHIPVILLAGE.ORG X 1974 IL TO PROVIDE MATURE ADULTS WITH EXCEPTIONAL LIVING CHOICES. 7 7 0 518 7947 -194 0 40000 53373184 52931890 788082 1581578 538285 514292 54699551 55067760 0 0 0 0 23097814 25358780 0 0 0 35701933 36045111 58799747 61403891 -4100196 -6336131 145538491 151737577 217753246 238481687 -72214755 -86744110 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 52670664 53356962 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 (555 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 240 BED SKILLED HEALTH CARE FACILITY. 52670664 1 0 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 X 7 7 0 1 0 0 1 1 0 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 KATHY RIVERA CHAIR 0.20 0.20 X X 0 3150 0 WILLIAM POWELL DIRECTOR 0.20 1.40 X 0 0 0 DUANE TYLER SECRETARY AND TREASURER 0.10 1.20 X X 0 4800 0 BRAD BARRIE DIRECTOR 0.20 1.00 X 0 4050 0 LARRY SHOEMAKE DIRECTOR 0.20 2.00 X 0 9000 0 LOREN TRIMBLE DIRECTOR 0.20 X 0 1050 0 JEAN SCHLINKMANN DIRECTOR 0.20 0.80 X 0 4050 0 STEPHEN YENCHEK PRESIDENT & CEO 12.00 28.00 X 0 319881 70699 MICHAEL FLYNN VICE PRESIDENT & CFO 16.00 24.00 X 0 250470 25838 ANTHONY MADL ADMINISTRATOR 40.00 X 0 119715 16657 WILLIAM LONG RESIDENCY COUNSELOR 40.00 X 0 110380 8491 DEAN DELLARIA DIRECTOR OF SALES 40.00 X 0 127230 23083 RICK PAISLEY DIRECTOR, RESIDENT SUPPORT 40.00 X 0 114116 13775 BEENA THOMAS REGISTERED NURSE 40.00 X 0 103400 13780 0 1171292 172323 0 0 1 0 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICE 4635349 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MANAGEMENT 4263524 RIEHLE DEVELOPMENT 479 S WESTERN AVENUE BARTLETT IL 60103 CONTRACTOR 1988939 SYMBRIA REHAB INC 28100 TORCH PKWY 600 WARRENVILLE IL 60555 REHAB AND THERAPY 1693300 DAVIS HARRISON DION 333 MICHIGAN AVENUE 2300 CHICAGO IL 60601 ADVERTISING 1260219 21 40000 40000 RESIDENT SERV REVENUE 623990 48159348 48159348 AMORT. OF ENTRANCE FEES 623990 4772542 4772542 52931890 757156 757156 97361 8141 89220 89220 7947 81273 8771206 7946784 824422 824422 824422 TELEPHONE AND INTERNET FEES 900099 265507 265507 CONVENIENCE STORE REVENUE 900099 93947 93947 CAFE REVENUE 900099 65618 65618 425072 55067760 53356962 7947 1662851 X 3150 3150 19584435 18390416 1194019 4409390 4144646 264744 1361805 1278573 83232 4263524 4263524 24643 24643 104445 104445 3833153 3656556 176597 1619477 1619477 785435 375895 409540 116576 4809 111767 4550659 4550659 86939 84164 2775 25579 10825 14754 4478729 4478729 7971237 7971237 889890 889890 FOOD/MEDICINE/SUPPLIES 4589986 4589986 REPAIRS AND MAINTENANCE 1920328 1826899 93429 RESIDENT EVENTS/PROGRAM 310158 310158 BAD DEBT EXPENSE 304845 304845 169508 2777 166731 61403891 52670664 8733227 0 3024 7481 6000916 6836510 5982508 6683331 138823 139868 64142 119906 199508897 104269266 98908813 95239631 28179654 36087991 201391 164189 6059220 6458670 145538491 151737577 6097588 5989501 13490581 17616559 101595958 119311220 96569119 95564407 217753246 238481687 X -72214755 -86744110 -72214755 -86744110 145538491 151737577 X -6336131 765026 -8958250 X X 0 1 X 1 0 X 185023 61103 40000 286126 45373020 49899074 51450331 53373184 52931890 253027499 525706 496757 517010 454232 378744 2372449 46083749 50456934 51967341 53827416 53350634 255686074 0 0 0 255686074 1039055 1487790 996428 872135 846376 5241784 1039055 1487790 996428 872135 846376 5241784 30171 21899 35923 42178 46328 176499 47152975 51966623 52999692 54741729 54243338 261104357 0.97920 0.97760 0.02010 0.02160 X 1 3254 840 711 3383 0 4524257 4524257 169594151 83424089 86170062 16286078 13605209 2680869 9104411 7239968 1864443 95239631 REFUNDABLE ENTRANCE FEES 93636532 ENTRANCE FEE DEPOSITS 1927875 95564407 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 318724 0 0 0 1157 0 57918 0 12781 0 390580 0 0 MICHAEL FLYNN VICE PRESIDENT & CFO 0 227151 0 23116 0 203 0 5233 0 20605 0 276308 0 0 DEAN DELLARIA DIRECTOR OF SALES 0 127230 0 0 0 0 0 3322 0 19761 0 150313 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 45200BPV4 2005-07-15 8292086 CAMPUS REDEVELOPMENT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200BPY8 2005-07-15 5000000 CAMPUS REDEVELOPMENT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200BPW2 2005-07-15 20752257 CAMPUS REDEVELOPMENT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45200BPX0 2005-07-15 45835815 CAMPUS REDEVELOPMENT 0 0 0 A 8292086 8292086 578216 318330 161586 7233954 2007 1 0 1 1 B 5000000 5000000 348655 191419 97165 4362760 2007 1 0 1 1 C 20752275 20752257 1447077 803194 407705 18094280 2007 1 0 1 1 D 45835815 45835815 3196181 1768903 897904 39972827 2007 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 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45200FV22 2010-03-01 1942273 REFUND 07/15/05 BOND 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200FU80 2010-03-01 4147333 REFUND 07/15/05 BOND 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200FU98 2010-03-01 26983908 REFUND 07/15/05 BOND 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45204EA81 2017-12-28 2345373 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 A 1942273 1942273 158350 58549 164501 1560872 2010 1 0 1 1 B 4147333 4147333 338126 123246 351259 3334703 2010 1 0 1 1 C 26983908 26983908 2199956 802121 2285404 21696427 2010 1 0 1 1 D 2345373 163832 1863187 46907 142184 129263 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 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45204EA99 2017-12-28 2439784 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EA23 2017-12-28 2539164 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45204EA31 2017-12-28 2663389 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45204EA57 2017-12-28 15453622 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 A 2439784 170427 1938188 48795 147908 134466 2017 1 0 1 1 B 2539164 177369 2017136 50783 153933 139943 2017 1 0 1 1 C 2663389 186046 2115821 53269 161464 146789 2017 1 0 1 1 D 15453622 1079485 12276504 309073 936851 851709 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 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45204EA65 2017-12-28 44904946 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45204EA73 2017-12-28 51444163 REFUND SERIES 2005 AND 2010 BONDS 0 0 0 A 44904946 3136756 35672914 898099 2722290 2474887 2017 1 0 1 1 B 51444163 3593541 40867730 1028884 3118719 2835289 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 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 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 SEPTEMBER 2017 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: NET ASSETS TRANSFERRED TO AFFILIATE -2,960,000. LOSS ON REFINANCING OF LONG-TERM DEBT -5,998,250. 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 1 0 FRIENDSHIP SENIOR OPTIONS NFP D 5453667 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP M 4263524 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP R 2960000 FAIR MARKET VALUE