2018-02-12T12:19:19-06:00 2017-03-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2016-04-01 362815382 EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO INC EVAN 8478845000 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MICHAEL FLYNN CFO 8478845000 2018-02-08 1 CHRIS MANDERFIELD P01238973 6305738600 2018-02-08 67.137.57.251 2018-02-08 09:25:29 CS P 07CFC8338AB533BF649A2BED41BB2CAEB54A9D32 99C95A981D0D28C6F98C4015289DF6597996F4F5 2016 2021-01-29 14:40:06Z FRIENDSHIP VILLAGE OF SCHAUMBURG STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 56301198 0 X WWW.FRIENDSHIPVILLAGE.ORG X 1974 IL TO PROVIDE MATURE ADULTS WITH EXCEPTIONAL LIVING CHOICES. 6 6 0 510 8668 6143 0 0 51450331 53373184 570522 788082 612059 538285 52632912 54699551 0 0 0 0 22705887 23097814 0 0 0 34900034 35701933 57605921 58799747 -4973009 -4100196 148156689 145538491 215556701 217753246 -67400012 -72214755 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 50097957 53827416 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 (596 RESIDENCES) OFFERS A VARIETY OF PRIVATE LIVING ARRANGEMENTS, A FITNESS CENTER, AND OTHER AMENITIES. THE CAMPUS ALSO HAS 28 GARDEN HOMES, 86 ASSISTED LIVING APARTMENTS, 25 MEMORY SUPPORT UNITS, AND A 240 BED SKILLED HEALTH CARE FACILITY. 50097957 1 0 0 0 0 0 0 0 1 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 1 1 0 0 0 0 0 0 0 0 0 X 6 6 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 0.70 0.20 X X 0 2550 0 BILL POWELL DIRECTOR 0.30 1.40 X 0 0 0 DUANE TYLER SECRETARY 0.30 1.40 X X 0 6600 0 PAUL SCHAFFHAUSEN DIRECTOR 0.30 0.40 X 0 2400 0 BRAD BARRIE DIRECTOR 0.30 0.90 X 0 3600 0 LARRY SHOEMAKE DIRECTOR 0.30 2.50 X 0 10800 0 STEPHEN YENCHEK PRESIDENT & CEO 14.00 26.00 X 0 323913 219789 MICHAEL FLYNN VICE PRESIDENT & CFO 14.00 26.00 X 0 219487 27140 ANTHONY MADL ADMINISTRATOR 40.00 X 0 135814 20168 WILLIAM LONG RESIDENCY COUNSELOR 40.00 X 0 125089 9204 DEAN DELLARIA DIRECTOR OF SALES 40.00 X 0 123856 23874 RICK PAISLEY DIRECTOR, RESIDENT SUPPORT 40.00 X 0 115599 14902 NANCY RYAN RESIDENCY COUNSELOR 40.00 X 0 101144 12514 0 1170852 327591 0 0 1 0 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MANAGEMENT 4821228 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICE 4504400 SYMBRIA REHAB INC 28100 TORCH PKWY 600 WARRENVILLE IL 60555 CONSULTING 1971937 RIEHLE DEVELOPMENT 479 S WESTERN AVENUE BARTLETT IL 60103 CONTRACTOR 1872426 DAVIS HARRISON DION 333 MICHIGAN AVENUE 2300 CHICAGO IL 60601 ADVERTISING 1000883 22 RESIDENT SERV REVENUE 623990 49037293 49037293 AMORT. OF ENTRANCE FEES 623990 4335891 4335891 53373184 818190 818190 92721 8668 84053 84053 8668 75385 1562871 1592979 -30108 -30108 -30108 TELEPHONE AND INTERNET FEES 900099 267325 267325 CONVENIENCE STORE REVENUE 900099 95900 95900 CAFE REVENUE 900099 91007 91007 454232 54699551 53827416 8668 863467 X 5050 5050 18106487 16902827 1203660 28023 26153 1870 3641646 3403979 237667 1316608 1228742 87866 4821228 4821228 39184 39184 81906 81906 3651143 3543846 107297 1334527 1334527 686705 321305 365400 112915 8245 104670 5010234 5010234 98049 94615 3434 25842 12043 13799 3888573 3888573 8307467 8307467 805159 805159 FOOD/MEDICINE/SUPPLIES 4658175 4658175 REPAIRS AND MAINTENANCE 1569292 1476856 92436 RESIDENT EVENTS/PROGRAM 325066 325066 BAD DEBT EXPENSE 199551 199551 86917 2766 84151 58799747 50097957 8701790 0 8051 3024 4677016 6000916 6482437 5982508 128404 138823 73519 64142 195456825 96548012 101527187 98908813 29842621 28179654 159301 201391 5258153 6059220 148156689 145538491 4093094 6097588 12690651 13490581 103273557 101595958 95499399 96569119 215556701 217753246 X -67400012 -72214755 -67400012 -72214755 148156689 145538491 X -4100196 1285453 -2000000 X X 0 1 X 1 0 X 185023 61103 246126 44059852 45373020 49899074 51450331 53373184 244155461 545135 525706 496757 517010 454232 2538840 44604987 46083749 50456934 51967341 53827416 246940427 0 0 0 246940427 1059089 1039055 1487790 996428 872135 5454497 1059089 1039055 1487790 996428 872135 5454497 77768 30171 21899 35923 42178 207939 45741844 47152975 51966623 52999692 54741729 252602863 0.97760 0.97570 0.02160 0.02340 X 1 2888 1001 635 3254 0 4524257 4524257 166371695 77237903 89133792 15582742 12493328 3089414 8978131 6816781 2161350 98908813 REFUNDABLE ENTRANCE FEES 94715860 ENTRANCE FEE DEPOSITS 1853259 96569119 X 55911786 1285453 8688 1294141 54617645 81906 81906 54699551 58726529 8688 8688 58717841 81906 81906 58799747 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 8,688. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 8,688. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN YENCHEK PRESIDENT & CEO 0 323913 0 0 0 0 0 205802 0 13987 0 543702 0 0 MICHAEL FLYNN VICE PRESIDENT & CFO 0 219487 0 0 0 0 0 4601 0 22539 0 246627 0 0 ANTHONY MADL ADMINISTRATOR 0 135814 0 0 0 0 0 1457 0 18711 0 155982 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 - $200,000 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 578216 318330 161586 7233954 2007 1 0 1 1 B 5000000 348655 191419 97165 4362760 2007 1 0 1 1 C 20752257 1447077 803194 407705 18094280 2007 1 0 1 1 D 11685000 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 A 1942273 158350 58549 164501 1560872 2010 1 0 1 1 B 4147333 338126 123246 351259 3334703 2010 1 0 1 1 C 26983908 2199956 802121 2285404 21696427 2010 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 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 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 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 ANNUAL EXECUTIVE COMPENSATION SALARY SURVEY WAS CONDUCTED IN SEPTEMBER 2016 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. THE EXECUTIVE INCENTIVE BONUS PAYOUTS WERE APPROVED BY THE EXECUTIVE COMMITTEE IN ACCORDANCE WITH THE EXECUTIVE INCENTIVE PLAN DOCUMENT AND WERE PAID OUT IN FEBRUARY 2017. 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: LOSS ON WRITE-OFF OF NOTE RECEIVABLE FROM AFFILIATE -2,000,000. 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 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 12C, III-FI FRIENDSHIP SENIOR OPTIONS NFP 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 FRIENDSHIP SENIOR OPTIONS NFP D 1424308 FAIR MARKET VALUE F FRIENDSHIP SENIOR OPTIONS NFP M 4821228 FAIR MARKET VALUE