2016-01-12T09:40:26-06:00 2015-06-30 431594752 MUELLER PROST LC 7733 FORSYTH BLVD SUITE 1200 ST LOUIS MO 63105 990 2014-07-01 371101586 WESTMINSTER VILLAGE INC WEST 3096636474 2025 EAST LINCOLN BLOOMINGTON IL 61701 LORA WEY PRESIDENT 3096636474 2016-01-12 1 JEANETTE BAX-KURTZ P00096490 3148622070 2016-01-12 2014 2016-04-25 22:37:26Z BARBARA NATHAN 2025 EAST LINCOLN BLOOMINGTON IL 61701 14052105 0 X WWW.WESTMINSTERVILLAGEINC.COM X 1980 IL CELEBRATING LIFE, OUR MISSION IS TO PROVIDE EXCELLENCE IN SENIOR LIVING THROUGH A CONTINUUM OF CARE AND SERVICES 11 11 264 110 0 0 6676 122243 12711216 13425057 236775 215710 0 14329 12954667 13777339 0 0 0 0 6385616 6521434 0 0 0 6448991 6849911 12834607 13371345 120060 405994 37145841 38096807 17312742 17902658 19833099 20194149 CELEBRATING LIFE, OUR MISSION IS TO PROVIDE EXCELLENCE IN SENIOR LIVING THROUGH A CONTINUUM OF CARE AND SERVICES 0 0 12509747 13439386 PROVIDING HOUSING AND HEALTHCARE FOR SENIORS. THE ORGANIZATION SERVED APPROXIMATELY 360 RESIDENTS DURING THE YEAR. 12509747 1 1 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 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 82 0 264 1 0 0 0 0 0 0 0 0 0 1 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X KATIE WILLIAMS 3096636474 2025 EAST LINCOLN BLOOMINGTON IL 61701 LORA WEY PRESIDENT 1.50 X X 0 0 0 JAY REECE VICE PRESIDENT 1.50 X X 0 0 0 JIM BROACH SECRETARY 1.50 X X 0 0 0 JIM LARSON FORMER TREASURER 1.50 X X 0 0 0 JANELLA COOLEY BOARD MEMBER 1.00 X 0 0 0 EDDIE TORO BOARD MEMBER 1.00 X 0 0 0 SUSAN HURLIMAN BOARD MEMBER 1.00 X 0 0 0 DR PATRICIA WILSON FORMER BOARD MEMBER 1.00 X 0 0 0 STEVE LEHMANN BOARD MEMBER 1.00 X 0 0 0 ROGER HUNT BOARD MEMBER 1.00 X 0 0 0 JOHN GORDON BOARD MEMBER 1.00 X 0 0 0 BARBARA NATHAN EXECUTIVE DIRECTOR 40.00 X 179039 0 8045 JEREMY LAKOSH FORMER DIRECTOR OF FINANCE 40.00 X 74473 0 0 KATE WILLIAMS DIRECTOR OF FINANCE 40.00 X 0 0 0 MATTHEW RIEHLE HEALTH CENTER ADMINISTRATOR 40.00 X 108665 0 1535 362177 0 9580 2 0 1 0 ADVANCED REHAB & SPORTS MEDICINE PO BOX 5387 BLOOMINGTON IL 61702 THERAPY SERVICES 309412 JOHNSTON CONTRACTORS 303 N HERSHEY ROAD STE B BLOOMINGTON IL 61704 RENOVATION/REMODELING 179096 CHIEF CITY MECHANICAL INC PO BOX 679 BLOOMINGTON IL 61702 PLUMBING SERVICES 160440 UNION ROOFING COMPANY INC 410 N DIVISION CHENOA IL 61726 ROOFING SERVICES 155389 EMMETT-SCHARF ELECTRIC CO 1005 E LAFAYETTE ST BLOOMINGTON IL 61701 ELECTRICAL SERVICES 124990 6 97085 25158 7000 122243 HEALTH CENTER REVENUES 623000 5686064 5686064 RESIDENTIAL REVENUE 623000 4945590 4945590 ASSISTED LIVING REVENUES 623000 2096030 2096030 LIFE OCCUPANCY & MEMBERSHIP FEES 623000 487864 487864 COTTAGE REVENUES 623000 209509 209509 13425057 126144 126144 364332 274766 89566 89566 89566 CAPITAL IMPROV. ENERGY REBATE 623000 14329 14329 14329 13777339 13439386 0 215710 244734 122367 122367 5164421 4626346 538075 101352 88977 12375 610655 536096 74559 400272 351400 48872 16436 16436 24500 24500 741803 741803 131750 131750 30635 28232 2403 154973 153439 1534 9758 9758 8868 8868 212794 210683 2111 1555687 1540286 15401 483584 478797 4787 FOOD COSTS 853756 853756 REPAIRS & MAINTENANCE 737495 737495 RESIDENT UTILITIES 605875 605875 TAXES & LICENSES 544889 544889 737108 732252 4856 13371345 12509747 861598 0 1519 0 13705176 15343309 645425 395633 59790 21044 39467811 20100226 19688599 19367585 2851499 2787097 150694 134403 43139 47736 37145841 38096807 1133617 1376342 3953902 3978532 6754741 6571394 5470482 5976390 17312742 17902658 X 19833099 20194149 19833099 20194149 37145841 38096807 405994 -44944 0 X X 0 1 X 1 0 X 6676 122243 128919 9489340 11337770 12138563 12711216 13439386 59116275 9489340 11337770 12138563 12717892 13561629 59245194 0 0 0 59245194 840345 331196 305808 234642 126144 1838135 840345 331196 305808 234642 126144 1838135 10329685 11668966 12444371 12952534 13687773 61083329 0.96990 0.96150 0.03010 0.03850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 474695 474695 32836836 16289981 16546855 4793427 2892278 1901149 1362853 917967 444886 19367585 REFUNDABLE OCCUPANCY FEE 5202510 SECURITY DEPOSITS 773880 5976390 X 13732395 -44944 -44944 13777339 0 13777339 13371345 0 13371345 0 13371345 PART X, LINE 2: THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY 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 TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME ("UBIT"). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS ASSETS OR LIABILITIES FOR THE YEARS ENDED JUNE 30, 2015 AND 2014. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR 3 YEARS AFTER THEY WERE FILED. INFORMATION RETURNS FILED FOR FISCAL YEARS PRIOR TO THE YEAR ENDED JUNE 30, 2012 ARE NO LONGER SUBJECT TO EXAMINATION. X X 0 0 0 0 0 0 0 0 0 BARBARA NATHAN EXECUTIVE DIRECTOR 173039 0 6000 0 0 0 6539 0 1506 0 187084 0 0 0 A CLAYTON HOLDINGS LLC 030479134 2013-10-01 7000000 REVENUE BOND TO FUND GEOTHERMAL PROJECT 0 0 0 A 6882714 253793 162912 6466009 0 0 0 1 A 0 0 0 0 1 0 1 A 0 0 0 0 1 0 0 0 1 A 0 SCH. K; PART II; LINE 17 FINAL ALLOCATION OF THE BOND PROCEEDS HAS NOT BEEN MADE AT THIS POINT. FORM 990, PART VI, SECTION B, LINE 11 ALL BOARD MEMBERS ARE PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO FILING IT WITH THE INTERNAL REVENUE SERVICE FORM 990, PART VI, SECTION B, LINE 12C 1.SPECIFIC DISCLOSURE: MEMBERS OF THE WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF SHALL DISCLOSE FULLY THE PRECISE NATURE OF THEIR INTEREST OF INVOLVEMENT WHEN PARTICIPATING IN ANY TRANSACTION OF THE ORGANIZATION IN WHICH ANOTHER PARTY TO THE TRANSACTION INCLUDES: A.HIMSELF OR HERSELF; B.A MEMBER OF THE FAMILY (SPOUSE, PARENTS, BROTHERS, SISTERS, CHILDREN, IN-LAWS, OR ANY OTHER IMMEDIATE RELATIVE); OR C.AN ORGANIZATION WITH WHICH THE MEMBER OF THE WV, INC. BOARD, ADMINISTRATION OR MANAGEMENT STAFF OR HIS OR HER FAMILY IS AFFILIATED. D.DISCLOSURE SHALL BE MADE AT THE FIRST KNOWLEDGE OF A TRANSACTION. 2.GENERAL DISCLOSURE: MEMBERS OF THE WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF WILL DISCLOSE ALL RELATIONSHIPS AND BUSINESS AFFILIATIONS WHICH MAY NOW, OR IN THE FUTURE, CONFLICT WITH THE INTERESTS OF THE ORGANIZATION OR BRING PERSONAL GAIN TO THEM OR THEIR FAMILY OR BUSINESS. IF ANY MEMBER OF THE WV, INC. BOARD, ADMINISTRATION OR MANAGEMENT STAFF OR A MEMBER OF HIS OR HER FAMILY ACTS IN ONE OR MORE OF THE FOLLOWING CAPACITIES, DISCLOSURE MUST BE MADE: A.IS AN OFFICER, DIRECTOR, TRUSTEE, PARTNER, EMPLOYEE, OR AGENT OF AN ORGANIZATION WITH WHICH OUR ORGANIZATION HAS BUSINESS DEALINGS; B.IS EITHER THE ACTUAL OR BENEFICIAL OWNER OF MORE THAN ONE PERCENT OF THE VOTING STOCK OR CONTROLLING INTEREST OF AN ORGANIZATION WITH WHICH OUR ORGANIZATION HAS BUSINESS DEALINGS; C.IS A CONSULTANT FOR SUCH AN ORGANIZATION; OR HAS ANY OTHER DIRECT OR INDIRECT DEALINGS WITH AN INDIVIDUAL OR ORGANIZATION FROM WHICH HE OR SHE IS MATERIALLY BENEFITTING (E.G., THROUGH THE RECEIPT, DIRECTLY OR INDIRECTLY, OR CASH, GIFTS, OR OTHER PROPERTY). 3.REPORTING OF DISCLOSURES: ALL DISCLOSURES AS THEY APPLY TO STAFF WILL BE HANDLED BY THE EXECUTIVE DIRECTOR IN CONCURRENCE WITH THE WV, INC. BOARD PRESIDENT. ALL DISCLOSURES AS THEY APPLY TO MEMBERS OF THE WV, INC. BOARD SHALL BE LISTED AT THE END OF THIS DOCUMENT AND WILL BE REFERRED TO THE PRESIDENT OF THE BOARD. INFORMATION DISCLOSED TO THE PRESIDENT OF THE BOARD OR THE EXECUTIVE DIRECTOR WILL BE HELD IN CONFIDENCE, EXCEPT WHEN THE ORGANIZATION'S BEST INTERESTS WOULD BE SERVED BY BRINGING THE INFORMATION TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OR THE BOARD. A. EACH MEMBER OF THE WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF WILL COMPLETE AND UPDATE ANY DISCLOSURE OR SUSPECTED DISCLOSURE ANNUALLY. 4.FAILURE TO DISCLOSE: EACH MEMBER OF THE WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF WHO IS REQUESTED TO FILE THIS CONFLICT OF INTEREST STATEMENT SHOULD RECOGNIZE THAT SUCH FILING IS A REQUIREMENT FOR CONTINUED AFFILIATION OR EMPLOYMENT WITH OUR ORGANIZATION AND, FURTHER, THAT FAILURE TO KNOWINGLY DISCLOSE A POTENTIAL CONFLICT OF INTEREST COULD RESULT IN DISAFFILIATION OR TERMINATION OF EMPLOYMENT. A.MEMBERS OF THE WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF WHO HAVE A CONFLICT OF INTEREST IN ANY MATTER SHALL REFRAIN FROM PARTICIPATING IN THE CONSIDERATION OF THE PROPOSED TRANSACTION. THE PERSON OR PERSONS INVOLVED WILL NOT VOTE ON SUCH MATTERS. HOWEVER, FOR SPECIAL REASONS, THE BOARD MAY REQUEST INFORMATION OR INTERPRETATION FROM THE PERSON OR PERSONS INVOLVED. B.WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF SHALL NOT ACCEPT GIFTS, FAVORS OR HOSPITALITY THAT MAY INFLUENCE THEIR DECISION MAKING OR ACTIONS AFFECTING THE VILLAGE EXCEPT FOR NORMAL BUSINESS LUNCHES, ENTERTAINMENT OR COMMEMORATIONS. C.ALTHOUGH IT IS RECOGNIZED THAT A DEGREE OF DUALITY OF INTEREST MAY EXIST FROM TIME TO TIME, AN EFFORT SHOULD BE MADE TO MINIMIZE SUCH DUALITY AND SUCH DUALITY SHALL NOT BE PERMITTED TO ADVERSELY INFLUENCE THE DECISION MAKING PROCESS. 5.HIRING OF FAMILY MEMBERS OF WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF: A.FAMILY MEMBERS OF WV, INC. BOARD, ADMINISTRATION AND MANAGEMENT STAFF WILL NOT BE HIRED WITHOUT BOARD APPROVAL. THIS INCLUDES RELATIVES WITH KINSHIP BY BLOOD, ADOPTION OR MARRIAGE. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMMITTEE RECEIVES A SELF-EVALUATION OF EXECUTIVE DIRECTOR AND SOLICITS THE REVIEW FROM ALL BOARD MEMBERS. SALARY SURVEY DATA FROM H.C.S. IS THEN USED FOR COMPARABILITY DATA. THE FULL BOARD THEN ACTS ON THE RECOMMENDATION FOR NEXT YEAR SALARY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE AUDIT OVERSIGHT PROCESS OR AUDITOR SELECTION PROCESS DURING THE YEAR.