2016-03-15T13:50:50-05:00 2015-06-30 351178661 BLUE & CO LLC ONE AMERICAN SQUARE 2200 INDIANAPOLIS IN 46282 990 2014-07-01 351516199 WESTMINSTER VILLAGE GREENWOOD INC WEST 3178812591 295 VILLAGE LANE GREENWOOD IN 46143 MEEGAN KLINE EXECUTIVE DIRECTOR 3178812591 2016-03-10 1 ANGELA N CRAWFORD P00573197 3176334705 2016-03-10 2014 2016-08-17 19:52:53Z GREENWOOD VILLAGE SOUTH MEEGAN KLINE 295 VILLAGE LANE GREENWOOD IN 46143 22489154 0 X WWW.GREENWOODVILLAGESOUTH.COM X 1981 IN TO OPERATE A LONG-TERM CARE AND RETIREMENT FACILITY. 9 9 438 125 0 0 20895 6597 20069290 20634249 -121741 28709 164830 169631 20133274 20839186 2075 0 0 0 10454502 10738327 0 0 0 10712356 10638965 21168933 21377292 -1035659 -538106 39770209 39225002 51852826 51637892 -12082617 -12412890 TO OPERATE A LONG-TERM CONTINUING CARE AND RETIREMENT FACILITY. 0 0 18635000 0 20643090 THE PRIMARY BUSINESS ACTIVITY IS TO OPERATE A CONTINUING CARE AND RETIREMENT FACILITY, PROVIDING HOUSING FOR THE AGED IN APARTMENTS AND COTTAGES, ASSISTED LIVING CARE THROUGH ITS LICENSED RESIDENTIAL CARE FACILITY, AND HEALTH CARE THROUGH ITS HEALTH CARE FACILITY IN GREENWOOD, INDIANA. THE ORGANIZATION INCLUDES 198 INDEPENDENT-LIVING APARTMENTS, 58 INDEPENDENT-LIVING COTTAGES, 47 ASSISTED-LIVING APARTMENTS, AND A 137-BED HEALTH CARE CENTER THAT PROVIDES BOTH SKILLED AND IMMEDIATE CARE. WESTMINSTER VILLAGE GREENWOOD, INC PROVIDES THE BENEFITS OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES. 18635000 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 51 0 1 438 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X JENNIFER EVANS 3178812591 295 VILLAGE LANE GREENWOOD IN 46143 X DANIEL H WAGNER CPA PRESIDENT 2.00 0.00 X X 0 0 0 MERRILL KELSAY VICE PRESIDENT 2.00 0.00 X X 0 0 0 WILLIAM WALKER SECRETARY 2.00 0.00 X X 0 0 0 DAN CALLON TREASURER 2.00 0.00 X X 0 0 0 PHILLIP C GETTUM DIRECTOR 2.00 0.00 X 0 0 0 LINDA GIBSON DIRECTOR 2.00 0.00 X 0 0 0 WILLIAM GRUBE DIRECTOR 2.00 0.00 X 0 0 0 GEORGE R SMALL JR MD DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL TAPP DIRECTOR 2.00 0.00 X 0 0 0 GRANT LINACRE EXECUTIVE DIRECTOR 40.00 0.00 X 0 0 0 ALICE BORCHELT DIRECTOR OF NURSING 40.00 0.00 X 112506 0 0 KAREN EICKMAN MARKETING DIRECTOR 40.00 0.00 X 133043 0 0 245549 0 0 2 0 0 0 REHABCARE GROUP EAST INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 1131699 LIFE CARE SERVICES LLC 400 LOCUST ST STE 820 DES MOINES IA 50309 MANAGEMENT SERVICES 774088 PRN PHARMACEUTICAL LP 8351 W ROCKVILLE RD INDIANAPOLIS IN 46234 PHARMACY SERVICES 244251 DONALD BEDWELL 1162 N 600 W GREENFIELD IN 46140 RENOVATION & REMODELING SERVICES 138145 4 6597 6597 NET PATIENT AND RESIDENT SERVICE 623000 18519389 18519389 LIFE OCCUPANCY FEES 623000 2059972 2059972 RENTAL FEES 623000 54888 54888 20634249 73480 73480 1593901 11296 1589516 60452 4385 -49156 -44771 -44771 169631 8841 160790 169631 20839186 20643090 0 189499 8234698 7370830 863868 84526 77908 6618 1829880 1688129 141751 589223 545430 43793 638519 638519 34612 34612 40724 40724 1268215 1163261 104954 172301 172301 1220362 1111246 109116 802518 785959 16559 17864 11094 6770 18118 10407 7711 1825527 1822605 2922 1873087 1873087 203324 203324 FOOD 1347364 1347364 REPAIRS & MAINTENANCE 463035 459213 3822 DUES & SUB. 22423 2722 19701 690972 365745 325227 21377292 18635000 2742292 0 1434067 610345 3015610 3013069 1134452 1623768 653579 656195 135455 133950 114776 111064 53658581 27413570 26562060 26245011 6396920 6571277 309817 257297 13473 3026 39770209 39225002 1384459 1219960 15827613 16150737 30928722 30605321 3249619 3029801 462413 632073 51852826 51637892 X -12082617 -12412890 -12082617 -12412890 39770209 39225002 X -538106 -11985 219818 X X 0 1 X 0 0 X 8374 10926 1933 20895 6597 48725 19042954 18366314 19097729 20069290 20634249 97210536 19051328 18377240 19099662 20090185 20640846 97259261 0 0 0 97259261 242918 192399 95640 91024 73480 695461 242918 192399 95640 91024 73480 695461 142989 168162 224846 164830 169631 870458 19437235 18737801 19420148 20346039 20883957 98825180 0.98420 0.98330 0.00700 0.00830 X 99787 99787 50245332 25168874 25076458 3000603 2244696 755907 312859 312859 26245011 APPLICANT/TENANT DEPOSIT LIABILITY 632073 632073 X 21047019 -11985 219818 207833 20839186 0 20839186 21377292 0 21377292 0 21377292 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE VILLAGE AND RECOGNIZE A TAX LIABILITY IF THE VILLAGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE VILLAGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2015 AND 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE VILLAGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON DERIVATIVE INSTRUMENT 219,818. A INDIANA FINANCE AUTHORITY 351602316 2012-12-20 31350000 SEE PART VI BELOW 0 0 0 A 323401 31350000 275000 1187924 29887179 2012 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 1 SEE PART VI BELOW 10.000000000000 0 0 0 0 1 A 1 PART I, LINE A, COLUMN F: THE 2012 BONDS WERE USED FOR (1) THE CURRENT REFUNDING OF SERIES 2011 BONDS ISSUED ON JUNE 30, 2011, (2) THE CURRENT REFUNDING OF SERIES 1998 BONDS ISSUED ON APRIL 15, 1998, AND (3) PAYING A PORTION OF THE COSTS OF CONSTRUCTING, RENOVATING OR EQUIPPING A CONTINUING CARE RETIREMENT COMMUNITY. PART IV, LINE 4A: THE HUNTINGTON NATIONAL BANK FORM 990, PART VI, SECTION A, LINE 3 LIFE CARE SERVICES, LLC HAS BEEN ENGAGED TO MANAGE THE VILLAGE'S OPERATIONS OF THE FACILITY SINCE DECEMBER 1981. THE VILLAGE'S MANAGEMENT FEE PAID TO LIFE CARE SERVICES IS LISTED ON PART VII, SECTION B. INDEPENDENT CONTRACTORS. THE FEE PAID IS A FIXED MONTHLY AMOUNT PLUS INCENTIVE FEES EARNED FOR THE ACHIEVEMENT OF CERTAIN GOALS. THE EXECUTIVE DIRECTOR (LISTED AS AN OFFICER ON PART VII, SECTION A) AND THE ADMINISTRATOR (NON-OFFICER EMPLOYEE) ARE EMPLOYED BY THE UNRELATED THIRD PARTY MANAGEMENT COMPANY, LIFE CARE SERVICES, WHICH PAYS THE COMPENSATION FOR THESE TWO POSITIONS. FORM 990, PART VI, SECTION B, LINE 11 THE PROCESS OF REVIEWING THE FORM 990 INCLUDES A DETAILED REVIEW OF THE FORM AND REQUIRED SCHEDULES BY THE ORGANIZATION'S ACCOUNTING DIRECTOR AND EXECUTIVE DIRECTOR. EACH VOTING MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FORM 990 INCLUDING REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS, FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO UNVEIL ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE UNRELATED THIRD PARTY MANAGEMENT COMPANY, LIFE CARE SERVICES, LLC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, POLICIES AND PROCEDURES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON DERIVATIVES 219,818. FORM 990, PART XII, LINE 2C, OVERSIGHT OF AUDIT: THE AUDIT COMMITTEE ASSUMES RESPONSIBILTY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND NO PROCESSES HAVE CHANGED FROM PRIOR YEAR. WESTMINSTER TOWERS GREENWOOD INC 278 VILLAGE LANE GREENWOOD IN 46143 351516196 OPERATION OF LOW-COST HOUSING FOR ELDERLY & PHYSICALLY DISABLED PERSONS IN 501(C)(3) LINE 9 WESTMINSTER VILLAGE GREENWOOD INC 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WESTMINSTER TOWERS GREENWOOD INC D 656195 CASH PAID