2017-04-26T06:16:05-05:00 2016-06-30 381357951 PLANTE & MORAN PLLC 27400 Northwestern Highway Southfield MI 48034 990 2015-07-01 237126990 GREENCROFT COMMUNITIES FOUNDATION INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 DALE SHENK TREASURER 5745374000 2017-04-21 1 DAVID LOWENTHAL P00378651 2483522500 2017-04-21 2015 2021-01-29 14:40:06Z EVERETT THOMAS 1721 GREENCROFT BLVD GOSHEN IN 46526 6352215 0 X WWW.GREENCROFT.ORG X 1971 IN GREENCROFT COMMUNITIES FOUNDATION PROVIDES FINANCIAL RESOURCES TO GREENCROFT RETIREMENT COMMUNITIES AND AFFILIATES' RESIDENTS TO ENABLE SENIORS TO EMBRACE THE OPPORTUNITIES AND CHALLENGES OF AGING AND ALLOW THEM TO LIVE LIFE TO THE FULLEST. 11 11 0 23 0 0 990945 6141107 0 0 154784 107895 -11093 -10297 1134636 6238705 871749 1327750 0 0 147324 156877 87 0 84227 85217 98481 1104377 1583108 30259 4655597 5366180 9971226 52194 34518 5313986 9936708 GREENCROFT COMMUNITIES FOUNDATION IS COMMITTED TO CREATING A PASSION FOR OUR COMMUNITIES AND INSPIRING GENEROSITY. 0 0 1346640 1327750 0 GREENCROFT COMMUNITIES FOUNDATION RAISES FUNDS TO HELP RESIDENTS OF ALL THE GREENCROFT RETIREMENT COMMUNITIES AND AFFILIATES EMBRACE THE OPPORTUNITIES AND CHALLENGES OF AGING. THE ORGANIZATION ASSISTS RESIDENTS AT EACH OF THE FOLLOWING RELATED AFFILIATED TAX-EXEMPT ORGANIZATIONS: GREENCROFT CENTRAL MANOR, GREENCROFT MANOR II, GREENCROFT MANOR III, GREENCROFT GOSHEN, GREENCROFT MIDDLEBURY, HAMILTON GROVE, CHICAGO TRAIL VILLAGE, WALNUT HILLS RETIREMENT COMMUNITIES, SOUTHFIELD VILLAGE, OAK GROVE CHRISTIAN RETIREMENT VILLAGE, GOLDEN YEARS HOMESTEAD, AND GREAT LAKES CHRISTIAN HOMES. BENEFICIARIES ALSO INCLUDE PARTICIPANTS IN ADULT DAY SERVICES, PRIVATELY SUPPORTED SENIOR CENTERS (NO TAX DOLLARS), STAFF EDUCATION GRANTS, AND RESIDENTS WHOSE FINANCIAL MEANS ARE EXHAUSTED. 1346640 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IN OH X DALE SHENK 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 RANDALL JACOBS BOARD CHAIR 1.00 0.00 X X 0 0 0 VINCE TURNER VICE CHAIR 1.00 0.00 X X 0 0 0 SCOTT PUCKETT BOARD MEMBER 1.00 0.00 X 0 0 0 STEVE HERENDEEN BOARD MEMBER 1.00 0.00 X 0 0 0 MARTY LEHMAN BOARD MEMBER 1.00 0.00 X 0 0 0 DAVID LITCHFIELD BOARD MEMBER 1.00 1.00 X 0 0 0 ED MERCER BOARD MEMBER 1.00 0.00 X 0 0 0 DEB STAUFFER BOARD MEMBER 1.00 0.00 X 0 0 0 LEROY TROYER BOARD MEMBER 1.00 0.00 X 0 0 0 RENEE DRAKE BOARD MEMBER 1.00 0.00 X 0 0 0 SHANNON WHITE BOARD MEMBER 1.00 0.00 X 0 0 0 EVERETT THOMAS PRESIDENT 12.00 12.00 X 0 38021 54044 DALE SHENK TREASURER 1.00 42.50 X 0 125190 36409 RACHEL APPLEGATE SECRETARY 0.20 39.80 X 0 14448 2806 ANDREA KING ASSISTANT TREASURER 7.00 17.00 X 0 43457 12381 0 221116 105640 0 0 1 0 0 159483 248500 5733124 6141107 123442 123442 68066 83613 -15547 -15547 -15547 19600 159483 29897 -10297 -10297 6238705 0 0 97598 1249756 1249756 77994 77994 125951 13918 53340 58693 22716 2510 9620 10586 8210 907 3477 3826 13250 13250 30000 30000 34804 30325 4479 2064 2064 2415 2415 EMPLOYEE APPRECIATION 14135 1555 5937 6643 FINES AND PENALTIES 1210 1210 PROF. DEVELOPMENT 603 603 1583108 1346640 152241 84227 1139513 3010065 661950 378941 148040 9553 2808558 6011266 608119 561401 5366180 9971226 10994 10904 41200 23614 52194 34518 X 2082343 5873115 1910757 1614771 1320886 2448822 5313986 9936708 5366180 9971226 X 4655597 13852 -46727 X X 0 1 X 1 0 X 2151113 1266180 1445267 990945 2141107 7994612 2151113 1266180 1445267 990945 2141107 7994612 2174709 5819903 186243 114185 172187 106085 123442 702142 14960 17860 18000 19600 19600 90020 8786774 0.66230 0.68020 X Schedule A, Part II, Line 10, Explanation of Other Income: GROSS INCOME FROM FUNDRAISING EVENTS RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2692521 1127936 53180 105862 3767775 2757620 20300 27660 113059 2692521 7726438 40000 706013 5714831 2757620 7078907 50943 741557 144969 7726438 7046237 211047 -83246 95131 7078907 0.28110 0.64990 0.06900 1 0 0 BENEFICIAL INTEREST IN AMOUNTS HELD BY ELKHART COUNTY COMMUNITY FOUNDATION 561392 C DUE FROM AFFILIATES 9 C 561401 DUE TO AFFILIATE 23614 23614 Part V, Line 4: ENDOWMENT FUNDS ARE HELD BY GREENCROFT COMMUNITIES FOUNDATION INC. FOR THE BENEFIT OF GREENCROFT GOSHEN, INC., GREENCROFT MANOR II, INC., GREENCROFT MANOR III, INC. AND GREENCROFT CENTRAL MANOR, INC. GREENCROFT COMMUNITIES FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PERPETUAL SOURCE OF SUPPORT TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PURPOSE OF THE ENDOWMENTS IS TO PROVIDE SUPPORT FOR THE CHARITABLE PROGRAMS OF GREENCROFT GOSEHN, INC. AND ITS RELATED ORGANIZATIONS. GOLF OUTING 179083 159483 19600 800 0 26996 232 1869 179083 159483 19600 800 26996 232 1869 29897 -10297 1 GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 501(C)(3) 979677 N/A N/A TO SUPPORT OPERATIONS WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 501(C)(3) 229500 N/A N/A TO SUPPORT OPERATIONS GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 501(C)(3) 35640 N/A N/A TO SUPPORT OPERATIONS 3 0 EMPLOYEE FINANCIAL ASSISTANCE 20 8818 N/A N/A RESIDENT FINANCIAL ASSISTANCE 30 48596 N/A N/A ADULT DAY CARE ASSISTANCE 6 15579 N/A N/A EMPLOYEE EDUCATION ASSISTANCE 2 5000 N/A N/A Part I, Line 2: THE ORGANIZATION MAKES GRANTS TO RELATED ORGANIZATIONS. GRANTS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE RECIPIENT SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. EMPLOYEE AND RESIDENT FINANCIAL ASSISTANCE IS GIVEN TO INDIVIDUALS NEEDING ASSISTANCE PAYING BILLS, PURCHASING NECESSITIES, ETC. THE FUNDS ARE GIVEN TO INDIVIDUALS AND CAN BE USED AT THEIR DISCRETION. ADULT DAY CARE FINANCIAL ASSISTANCE IS GIVEN TO INDIVIDUALS FROM THE COMMUNITY WHO WOULD OTHERWISE NOT BE ABLE TO PARTICIPATE IN THE PROGRAM. EMPLOYEE EDUCATION ASSISTANCE INCLUDE PAYMENTS TO GOSHEN COLLEGE ON A GREENCROFT GOSHEN EMPLOYEE'S BEHALF FOR SCHOOLING. 0 0 0 0 0 0 0 0 0 DALE SHENK TREASURER 0 120045 0 5000 0 145 0 8124 0 28285 0 161599 0 0 SCHEDULE J, PART I THIS ENTITY RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT/CEO: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART I, LINE 5 AND PART V, LINE 2A: THE ORGANIZATION'S EMPLOYEES ARE PAID BY GREENCROFT RETIREMENT COMMUNITIES, INC (EIN 30-0036587), A RELATED TAX-EXEMPT ORGANIZATION. THESE EMPLOYEES ARE INCLUDED IN THE FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS, THAT IS FILED BY GREENCROFT RETIREMENT COMMUNITIES. Form 990, Part VI, Section A, line 3 THE ORGANIZATION IS UNDER A MANAGEMENT/AFFILIATION CONTRACT WITH GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), A RELATED TAX-EXEMPT ORGANIZATION. ACCORDING TO THE AGREEMENT, GRC HAS THE SOLE AND EXCLUSIVE RIGHT TO SUPERVISE, MANAGE, AND OPERATE THE ORGANIZATION'S FACILITY ("THE FACILITY"). IN ADDITION, GRC HAS THE SOLE CONTROL AND DISCRETION WITH REGARD TO THE OPERATION AND MANAGEMENT OF THE FACILITY FOR ALL CUSTOMARY PURPOSES, AS WELL AS THE RIGHT TO DETERMINE ALL OPERATING POLICIES AFFECTING OR CONCERNING THE APPEARANCE AND MAINTENANCE STANDARDS OF OPERATION, AND ANY OTHER MATTER AFFECTING THE FACILITY OR THE OPERATION THEREOF. THE AGREEMENT TERMINATES IN JUNE 2017, AND IS RENEWABLE ANNUALLY FOR ADDITIONAL ONE YEAR PERIODS. Form 990, Part VI, Section A, line 6 THE ORGANIZATION HAS ONE MEMBER, GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), THAT IS ALSO A RELATED TAX-EXEMPT ORGANIZATION. THE RESERVED POWERS OF THE SOLE MEMBER ARE AS FOLLOWS: 1. APPROVAL TO ANY CHANGES IN CORPORATE MISSION, WHICH MAY BE PROPOSED BY THE ORGANIZATION, BUT WHICH SHALL BECOME EFFECTIVE ONLY UPON APPROVAL OF GRC 2. APPROVAL OF NOMINATED CANDIDATES TO SERVE AS DIRECTOR OF THE ORGANIZATION 3. THE CREATION OR DISCONTINUATION OF PROGRAMS OR SERVICES OFFERED BY THE ORGANIZATION 4. AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION 5. APPROVAL OR THE ADOPTION OF THE ANNUAL BUDGET 6. APPROVAL OF NON-BUDGETED CONTRACTS AND/OR NON-BUDGETED PURCHASES OF OVER $50,000 7. THE INCURRENCE OF INDEBTEDNESS OF OVER $500,000 8. THE SALE OF REAL ESTATE 9. THE DONATION OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS 10. ANY MERGER OR CONSOLIDATION WITH ANY OTHER ORGANIZATION, OR THE PARTIAL OR TOTAL DISSOLUTION OF THE ORGANIZATION 11. THE CREATION OF SUBSIDIARY CORPORATIONS, LLCS, PARTNERSHIPS, OR OTHER ENTERPRISES 12. THE ACQUISITION OF CONTROLLING INTERESTS IN ANOTHER ENTITY 13. THE APPOINTMENT OF THE PRESIDENT/CEO, CFO, SECRETARY, AND TREASURER OF THE CORPORATION (BUT NOT THE OFFICERS OF THE BOARD OF DIRECTORS) 14. THE REMOVAL OF THE CHAIR OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE 15. THE REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE NOTWITHSTANDING THESE RESERVED POWERS, THE MEMBER HAS NO FINANCIAL OBLIGATIONS OR RESPONSIBILITIES FOR ANY ACTIONS OF THE ORGANIZATION BY REASON OF SERVING AS A MEMBER. Form 990, Part VI, Section A, line 7a SEE NARRATIVE FOR PART VI, SECTION A, LINE 6 Form 990, Part VI, Section A, line 7b SEE NARRATIVE FOR PART VI, SECTION A, LINE 6 Form 990, Part VI, Section B, line 11 A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S AUDIT COMMITTEE AT A REGULARLY SCHEDULED MEETING. A COPY OF THE FINAL DRAFT IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO ITS FILING. THIS ALLOWS THE BOARD OF DIRECTORS AND MANAGEMENT TO REVIEW AND PROVIDE COMMENTS AND EXPLANATIONS REGARDING THE FORM. Form 990, Part VI, Section B, line 12c BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. THE TREASURER REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN HIM/HERSELF FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. Form 990, Part VI, Section B, line 15 GREENCROFT COMMUNITIES FOUNDATION'S (GCF) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. GCF CONDUCTS PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN GREENCROFT COMMUNITIES FOUNDATION. GREENCROFT COMMUNITIES FOUNDATION DOES NOT HAVE ANY EMPLOYEES. THE EMPLOYEES ARE PART OF GREENCROFT COMMUNITIES AND PROVIDE SERVICES AT COST TO THE GREENCROFT COMMUNITIES FOUNDATION. THE OVERALL COMPENSATION POLICY AND THE VP COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE GCF BOARD REVIEWS THE COMPENSATION PRACTICES. ANNUALLY THE GC BOARD AND THE GCF BOARD REVIEW THE COMPENSATION OF THE EXECUTIVE, A GREENCROFT COMMUNITIES EMPLOYEE. THEY COMPARE CURRENT WAGES WITH NATIONAL DATA PROVIDED BY LEADINGAGE (FORMERLY AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING - AAHSA). THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE GCF BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF GREENCROFT COMMUNITIES FOUNDATION. IN THE FISCAL YEAR 2016 THIS POSITION WAS AT THE 28TH PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION AND AT THE 0 PERCENTILE OF THE MARKET FOR THE VARIABLE PAY COMPENSATION. THIS PROCESS WAS LAST PERFORMED IN FISCAL YEAR 2016. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. Form 990, Part XI, line 9: CHANGE IN BENEFICIAL INTEREST IN AMOUNTS HELD BY ELKHART -46,727. COUNTY COMMUNITY FOUNDATION FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 300036587 MANAGEMENT IN 501(c)(3) Line 11c, III-FI N/A 0 GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 CHICAGO TRAIL VILLAGE INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(c)(3) Line 9 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 1 MENNONITE HEALTH SERVICES 234 S MAIN STREET SUITE A GOSHEN IN 46526 231421919 HEALTHCARE IN 501(c)(3) Line 9 N/A 0 GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT SERVICES IN N/A C 1 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 GREENCROFT GOSHEN INC C 404404 CASH VALUE GREENCROFT GOSHEN INC B 979677 CASH VALUE WALNUT HILLS RETIREMENT COMMUNITIES INC B 229500 ACTUAL COST