2017-08-14T16:00:52-05:00 2016-09-30 350921680 CROWE HORWATH LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2015-10-01 043604839 Chestnut Square at the Glen Association CHES 7732719040 5025 North Paulina Street Chicago IL 60640 Wolfgang Mayer CFO & COO 2017-08-14 true John Woodhull P01305268 3128997000 2015 2021-01-29 14:40:06Z Chestnut Square at the Glen Stephen A Dahl 5025 North Paulina Street Chicago IL 60640 5061695 false X N/A X 2000 IL SEE SCHEDULE O. 5 5 71 54 0 0 0 4554118 5061538 812 157 0 4554930 5061695 0 0 1754624 1840089 0 0 3281929 3480465 5036553 5320554 -481623 -258859 20803139 19899855 42206836 41562411 -21403697 -21662556 CSG is called to care for the physical, social, and spiritual well-being of its residents, and seeks to contribute to the health and well-being of others in its service area. It provides housing and ancillary services that meet individual residents' needs in a safe, comfortable, and welcoming setting. false false 4522472 5061538 Independent Seniors Residential Mission: CSG is faithful to its non-profit, faith-based foundation and its continuing commitment as a provider of quality residential, hospitality, and ancillary programs for independent older adults. CSG's full-service, maintenance-free apartments are designed for active seniors, and are complemented by a broad range of amenities, including a library, inter-faith chapel, fellowship areas, and media room. Along with housing services, professional staff ensure that other residents' interests and needs are met, including: opportunities for social interaction with peers, transportation, inter-generational exchanges, expression of religious beliefs, and occasions to contribute of their time and talents as volunteers. 4522472 true false false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 71 true false false false false false false false false false false X 5 5 false false false false true true false true true false false true true true true true true true false false X Wolfgang Mayer 7739891468 5025 North Paulina Street Chicago IL 60640 DAVID E CARLSON CHAIRMAN 1.0 2.0 X X 0 0 0 KEITH REED DIRECTOR 1.0 2.0 X 0 0 0 CHARLES JACKSON DIRECTOR 1.0 2.0 X 0 0 0 JEAN BUSH DIRECTOR 1.0 2.0 X 0 0 0 GESSEL BARRY JR DIRECTOR 1.0 2.0 X 0 0 0 STEPHEN A DAHL PRESIDENT/CEO/ex officio director 4.0 36.0 X 70024 396806 7865 WOLFGANG MAYER CFO/COO 4.0 36.0 X 0 426875 34070 VERA Lampe ADMINISTRATOR 40.0 X 120722 0 9945 190746 823681 51880 1 false true false 0 0 resident fees 900099 4772585 4772585 Other program service revenue 900099 288953 288953 0 0 0 0 5061538 157 157 0 0 0 0 0 0 0 0 0 5061695 5061538 0 157 71204 60700 10504 1452622 1234729 217893 65548 55701 9847 159065 135043 24022 91650 77903 13747 73192 62213 10979 13547 11515 2032 4019 3416 603 0 56279 47837 8442 36883 31351 5532 253091 215127 37964 6170 5245 925 2200 1870 330 27873 23692 4181 1111057 944398 166659 47174 40098 7076 Medical Supplies 21678 18426 3252 Food 486655 413657 72998 Purchased Services 324614 275922 48692 Property Tax 525281 446490 78791 490752 417139 73613 0 5320554 4522472 798082 0 911 911 151531 164132 0 0 0 16064 15945 37399069 17680202 20634633 19718867 0 0 0 0 20803139 19899855 15553 28110 42191283 41534301 42206836 41562411 X -21403697 -21662556 -21403697 -21662556 20803139 19899855 -258859 0 X false true X true false X 0 0 0 0 0 0 3983500 4129713 4373101 4554118 5061538 22101970 0 0 0 3983500 4129713 4373101 4554118 5061538 22101970 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22101970 0 0 0 812 157 969 0 0 0 0 812 157 969 0 0 0 0 0 0 0 3983500 4129713 4373101 4554930 5061695 22102939 1.0000 0.9929 0.0000 0.0071 X 4300000 4300000 31493003 16235172 15257831 1606066 1445030 161036 19718867 DUE TO AFFILIATED ENTITY 5694740 REFUNDABLE ENTRANCE FEES 35839561 41534301 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote BETHANY METHODIST CORPORATION AND ITS AFFILIATED ENTITIES ARE EXEMPT FROM INCOME TAXES ON INCOME FROM RELATED ACTIVITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND CORRESPONDING STATE TAX LAW. INCOME EARNED IN FURTHERANCE OF THE CORPORATION'S TAX-EXEMPT PURPOSE IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE CODE PROVIDES FOR TAXATION OF UNRELATED BUSINESS INCOME UNDER CERTAIN CIRCUMSTANCES. THE CORPORATION HAS NO MATERIAL UNRELATED BUSINESS INCOME; HOWEVER, SUCH STATUS IS SUBJECT TO FINAL DETERMINATION UPON EXAMINATION OF THE RELATED INCOME TAX RETURNS BY THE APPROPRIATE TAXING AUTHORITY. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR FEDERAL OR STATE INCOME TAXES. UNDER ASC SUBTOPIC 740, INCOME TAXES, THE CORPORATION MUST RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE-LIKELY-THAN-NOT" THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. ASC SUBTOPIC 740-10 ALSO PROVIDES GUIDANCE OF DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES ON INCOME TAXES AND ACCOUNTING IN INTERIM PERIODS AND REQUIRES INCREASED DISCLOSURE. THERE WERE NO UNCERTAIN TAX POSITIONS IDENTIFIED AS OF SEPTEMBER 30, 2016 AND 2015. THE CORPORATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) UP TO THREE YEARS FROM THE DATE THE RETURN WAS FILED. THE RETURNS NO LONGER SUBJECT TO EXAMINATION ARE FOR TAX YEARS ENDED BEFORE SEPTEMBER 30, 2013. THE CORPORATION RECOGNIZES INTEREST AND/OR PENALTIES, IF ANY, RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE CORPORATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT SEPTEMBER 30, 2016 AND 2015. false false false false false false false true STEPHEN A DAHL PRESIDENT/CEO/ex officio director 57266 324514 12758 72292 0 0 96 541 1084 6144 71204 403491 0 0 WOLFGANG MAYER CFO/COO 0 349104 0 77771 0 0 0 664 0 33406 0 460945 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation The officers of the filing organization are paid by Bethany Homes and Methodist Hospital (Bethany), a related tax exempt organization. The compensation review process for Bethany is as followed: THE EXECUTIVE AND COMPENSATION COMMITTEES OF THE BOARD OF DIRECTORS ARE BOTH LED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS. THOSE COMMITTEES, IN CONSULTATION WITH THE CEO AND SENIOR MANAGERS, ESTABLISH ANNUAL ORGANIZATIONAL OBJECTIVES, WHICH ARE REPORTED TO AND APPROVED BY THE FULL BOARD OF DIRECTORS. THOSE COMMITTEES ALSO CONDUCT AN ANNUAL EVALUATION OF THE ACHIEVEMENT OF THE OBJECTIVES AND REPORT THEIR FINDINGS TO THE FULL BOARD OF DIRECTORS. THE COMMITTEES RETAIN AN INDEPENDENT, EXTERNAL, NATIONALLY RECOGNIZED EXECUTIVE-COMPENSATION FIRM TO CONSULT WITH AND ADVISE ITS MEMBERS ON THE ANNUAL REVIEW AND APPROVAL OF THE CEO'S AND SENIOR MANAGERS' COMPENSATION. PRINCIPALS OF THAT FIRM WORK WITH COMMITTEE MEMBERS IN EXAMINING COMPARABILITY DATA AND ENSURING THAT COMPENSATION IS GRANTED IN FULL COMPLIANCE WITH ALL LEGAL, REGULATORY AND ETHICAL STANDARDS. THE COMMITTEE'S RECOMMENDATIONS FOR COMPENSATION ARE REVIEWED AND RATIFIED BY THE FULL BOARD OF DIRECTORS. Schedule J, Part I, Line 7 Non-fixed payments THERE WERE BOARD APPROVED BONUSES PAID DURING 2015. CERTAIN INDIVIDUALS RECEIVED COMMISSIONS BASED ON SALE OF UNITS. Form 990, Part I, Line 1 BRIEF MISSION Chestnut Square at The Glen Association (CSG) is a fifteen-year-old, faith-based, non-profit organization whose primary mission is to provide quality residential, hospitality, and ancillary programs for independent seniors. All services demonstrate commitment to the housing, social, and spiritual needs of older adults, and are provided in an appropriate environment with dignity and respect, regardless of the residents' race, color, national origin, religion, sex, sexual orientation, gender identity, and ethnicity. The CSG mission also includes education on senior care and health issues, advocacy, and responsible stewardship of its resources as it serves clients as well as local civic groups, faith congregations, and others in the larger community. CSG is a division of Bethany Methodist Corporation, an Illinois not-for-profit organization. Form 990, Part VI, Line 15 Compensation of Officers THE COMPENSATION OF THE CEO AND CFO OF THIS ORGANIZATION IS PAID BY BETHANY HOMES & METHODIST HOSPITAL, A RELATED TAX-EXEMPT ENTITY. Form 990, Part VI, Line 6 Classes of members or stockholders The sole member of Chestnut Square at the Glen Association is Bethany Methodist Corporation, an Illinois not-for-profit corporation. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body The Board of Directors of Chestnut Square at the Glen Association shall be appointed by the Board of Directors of the sole member, Bethany Methodist Corporation, an Illinois not-for-profit corporation. The sole member shall appoint members to the filing organization's Board of Directors from among those persons nominated by the nominating committee of the sole member. Members of the Board shall me community, business, civic or religious leaders, or persons with an expertise or interest in the field of health care. The President of the Corporation shall be an ex officio member of the Board of Directors. Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of Form 990, with a description of its purpose and how the organization addresses its requirements, is distributed to the Board of Directors. The completed Form 990 is reviewed with the Board of Directors as a part of the annual Senior Management Report to the Board. Format and content are addressed and questions and discussion entertained. Following response to any questions, a Board resolution is sought to formally adopt the contents of Form 990 for release to governmental authorities and for availability to the general public in compliance with regulations and best practices. Form 990, Part VI, Line 12c Conflict of interest policy Members of the Board of Directors, corporate officers and employees are required to avoid all situations that may, in fact or appearance, present as a conflict of interest. Corporate Bylaws require that all actual, potential, direct, apparent, and indirect conflicts be disclosed in full and in writing. An annual, formal, and written disclosure statement is completed by all members of the Board, corporate officers, and key employees. Board members who believe they may be involved in a conflict of interest related to a given issue are required to abstain from voting or taking other official action related to that issue. Corporate officers and key employees who believe they may be involved in a conflict of interest related to a particular issue will recuse themselves from taking any official action related to that issue. The Board of Directors retains responsibility for establishing any additional guidelines necessary to resolve a conflict of interest. Policies regarding potential conflicts of interest are included in the regularly-scheduled, formal review conducted through the Corporate Compliance Program, which includes oversight by the organization's Compliance Officer, the Compliance Committee, and external legal counsel. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee and Compensation Committee of the Board of Directors are both led by the Chairman of the Board of Directors. Those Committees, in consultation with the CEO and senior managers, establish annual organizational objectives, which are reported to and approved by the full Board of Directors. Those Committees also conduct an annual evaluation of the achievement of the objectives and report their findings to the full Board of Directors. The Board retains an independent, external, nationally-recognized executive-compensation consulting firm to advise members' on the annual review and reasonableness of compensation prior to approval of the CEO's and senior managers' compensation. Principals of that firm work with Committee members in examining comparability data and ensuring that compensation is granted in compliance with regulatory and ethical standards, as well as industry norms. The Committee's recommendations for compensation are reviewed and ratified by the full Board of Directors. Form 990, Part VI, Line 19 Required documents available to the public These documents are available to the general public as provided for under the respective federal regulations. BETHANY METHODIST CORPORATION 5025 NORTH PAULINA STREET CHICAGO IL 60640 363478324 SUPPORTING ORGANIZATION IL 501(c)(3 Type I NA false BETHANY HOMES AND METHODIST HOSPITAL 5025 NORTH PAULINA STREET CHICAGO IL 60640 362012788 HEALTH CARE PROVIDER IL 501(c)(3 3 BETHANY METHODIST CORPORATION false false false false false false false false false false false false false false false true false false false false