2018-05-15T13:18:51-05:00 2017-06-30 381357951 PLANTE & MORAN PLLC 750 Trade Centre Way Ste 300 Portage MI 49002 990 2016-07-01 455553307 MARYWOOD HEALTH CORPORATION MARY 6169494975 111 LAKESIDE DRIVE GRAND RAPIDS MI 49503 RYAN WILTZER ADMINISTRATOR 6169494975 2018-05-15 1 Carol LaLonde CPA P00181637 2695674500 2018-05-14 2016 2022-09-23 18:48:47Z MAUREEN GEARY 2025 FULTON ST E GRAND RAPIDS MI 49503 7743228 0 X http://marywoodcircle.org X 2012 MI RESTORING OPTIMUM HEALTH THROUGH HOLISTIC REHABILITATION IN A HEALING, INCLUSIVE ENVIRONMENT. 6 6 262 13 0 0 281495 1450 6536465 6760691 0 0 934006 976538 7751966 7738679 43499 0 0 0 4136377 4097555 0 0 0 3801678 3688208 7981554 7785763 -229588 -47084 2419347 2345719 3608714 3582170 -1189367 -1236451 RESTORING OPTIMUM HEALTH THROUGH HOLISTIC REHABILITATION IN A HEALING, INCLUSIVE ENVIRONMENT. 0 0 6799398 7711824 Providing physical therapy, occupational therapy, speech therapy and spiritual care during the rehabilitation process following injury or illness. 6799398 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 262 1 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 1 1 0 0 MI X CRAIG VANDENBOS 6169541799 4450 CASCADE ROAD SE GRAND RAPIDS MI 49546 MAUREEN GEARY DIRECTOR - CHAIR 1.00 0.00 X X 0 0 0 LARRY YACHCIK DIRECTOR - VICE CHAIR 1.00 0.00 X X 0 0 0 KIM HOPPE DIRECTOR - TREASURER 1.00 0.00 X X 0 0 0 SANDRA DELGADO DIRECTOR - SECRETARY 1.00 0.00 X X 0 0 0 REED VANDERSLIK DIRECTOR - TREASURER - PART YEAR 1.00 0.00 X X 0 0 0 MARY BARRETT DIRECTOR 1.00 0.00 X 0 0 0 RHONDA DORNBOS DIRECTOR 1.00 0.00 X 0 0 0 LISA MCMICHAEL EXECUTIVE DIRECTOR - PART YEAR 45.00 0.00 X 111851 0 6252 RYAN WILTZER ADMINISTRATOR 45.00 0.00 X 10769 0 2015 122620 0 8267 1 0 0 0 functional pathways 10133 sherrill blvd suite 200 knoxville TN 37932 contract therapy services 1123229 1 1450 1450 MEDICARE REVENUE 623000 5373705 5373705 MEDICAID REVENUE 623000 774292 774292 PRIVATE PAY REVENUE 623000 408952 408952 PACE REVENUE 623000 203742 203742 6760691 6679 4549 2130 2130 AQUINATA HALL MANAGEME 900099 951133 951133 guest meals 900099 18101 18101 miscellaneous revenue 900099 5174 5174 974408 7738679 7711824 0 25405 X 126837 126837 3352305 3084534 267771 20536 20012 524 399513 363456 36057 198364 176428 21936 315197 315197 1333088 1333088 1792 1594 198 165754 147424 18330 8390 7462 928 801470 712840 88630 403 358 45 165229 146957 18272 PHARMACEUTICALS 335806 298671 37135 DIAGNOSTICS & OTHER 150418 133784 16634 FOOD 141790 126110 15680 medicaid bed tax 68199 68199 200672 178481 22191 7785763 6799398 986365 0 137302 159339 1103268 1141361 7002 10139 721071 365772 492194 355299 679581 679581 2419347 2345719 697061 557743 2911653 3024427 3608714 3582170 X -1189367 -1236451 -1189367 -1236451 2419347 2345719 -47084 0 X X 1 X 0 1 0 X 651533 281495 1450 934478 2379286 7441874 7711824 17532984 3030819 7723369 7713274 18467462 0 0 0 18467462 3 3 3 3 29580 32492 29954 92026 3060402 7755861 7743228 18559491 X Schedule A, Part III, Line 12, Explanation of Other Income: Gross sales of inventory - 2014 Amount: $ 3,280. 2015 Amount: $ 7,228. 2016 Amount: $ 6,679. miscellaneous revenue - 2014 Amount: $ 26,300. 2015 Amount: $ 25,264. 2016 Amount: $ 23,275. 55568 27762 27806 665503 338010 327493 355299 PHPV NOTE PAYABLE 900000 MINISTRY VENTURES NOTE PAYABLE 900000 accounts payable - ministry ventures 599707 accounts payable - phpv 559416 estimated third-party payor settlements 65304 3024427 X Part X, Line 2: THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2017 AND 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS TWO MEMBERS: PORTER HILLS PRESBYTERIAN VILLAGE AND MINISTRY VENTURES. Form 990, Part VI, Section A, line 7a the members of the corporation shall elect or appoint the board of directors of the corporation. Form 990, Part VI, Section A, line 7b THE FOLLOWING CORPORATE ACTIONS MUST BE APPROVED BY THE UNANIMOUS VOTE OF THE MEMBERS OF THE CORPORATION: A. THE AMENDMENT OR RESTATEMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS. B. ELECTION OR REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS OF THE CORPORATION AS PROVIDED IN THE BYLAWS OR ANY OTHER CHANGE TO THE COMPOSITION, NUMBER, AUTHORITY, VOTING REQUIREMENTS AND QUORUM REQUIREMENTS OF THE BOARD OF DIRECTORS. C. ANY MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER ENTITY. D. ADMISSION OR SUBSCRIPTION OF ADDITIONAL MEMBERS OF THE CORPORATION. E. TERMINATION OF THE LEASE FOR THE PREMISES LOCATED AT 111 LAKESIDE DRIVE NE, GRAND RAPIDS, MICHIGAN 49503, WHERE THE NURSING HOME OPERATIONS OF THE CORPORATION ARE CONDUCTED. F. ACQUISITION OF ANY REAL PROPERTY BY THE CORPORATION AND FOR THE DISPOSITION OF ANY PROPERTY WITH A BOOK VALUE IN EXCESS OF $10,000 FOR LESS THAN FAIR MARKET VALUE. G. THE SALE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. H. THE DISSOLUTION OF THE CORPORATION. I. ALL BORROWINGS FOR CAPITAL OR OPERATING PURPOSES AND ALL GUARANTEES, INCLUDING BOTH SECURED AND UNSECURED BORROWINGS AND GUARANTEES, AND THE APPROVAL OF ALL MORTGAGES OF REAL ESTATE IN EXCESS OF $10,000. J. ANNUAL CAPITAL AND OPERATING BUDGETS OF THE CORPORATION AND ANY MATERIAL AMENDMENTS TO SUCH BUDGETS. K. ALL CAPITAL EXPENDITURES IN EXCESS OF $10,000 NOT REFLECTED IN A BUDGET PREVIOUSLY APPROVED BY THE MEMBERS. L. CHANGING THE CORPORATION'S NAME OR CONDUCTING BUSINESS OF THE CORPORATION UNDER AN ASSUMED NAME. M. REQUIRING THE MEMBERS TO CONTRIBUTE ADDITIONAL CAPITAL TO THE CORPORATION UNLESS SUCH CONTRIBUTION IS REQUIRED BY FEDERAL OR STATE LAW OR REGULATION. N. ANY OTHER ACTION WHERE APPROVAL OF THE MEMBERS IS REQUIRED BY LAW. Form 990, Part VI, Section A, line 8b THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Section B, line 11b A COPY OF THE FORM 990 WILL BE PROVIDED TO ALL MEMBERS OF THE BOARD PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Section B, line 12c ANNUALLY THE BOARD MEMBERS ARE REQUIRED TO SIGN A DOCUMENT INDICATING THEY DON'T HAVE A CONFLICT OF INTEREST. Form 990, Part VI, Section B, line 15a 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. The information is then compiled by the HR Department and used to make a recommendation on the salary for each person. Form 990, Part VI, Section C, line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part IX, line 11g CONTRACTED SERVICES: Program service expenses 1,333,088. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,333,088. Form 990, Part XII, Line 2c: THERE WAS NO CHANGE IN PROCESS FROM THE PRIOR YEAR.