2015-01-12T16:06:37-06:00 2014-03-31 341945695 SS&G INC 1665 ELK BOULEVARD DES PLAINES IL 600164776 990 2013-04-01 203300991 FRIENDSHIP VILLAGE OF MILL CREEK NFP FRIE 8478845000 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MICHAEL FLYNN CFO 8478845000 2015-01-12 1 DIRK AHLBECK P00237637 8478244000 2014-12-18 2013 2016-03-07 17:11:31Z GREENFIELDS OF GENEVA STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 21543124 0 X WWW.GREENFIELDSOFGENEVA.ORG X 2005 IL LONG-TERM CARE RETIREMENT COMMUNITY. SEE ADDITIONAL DETAIL IN PART III. 7 7 253 15 0 0 0 30000 2939380 6285242 244871 190418 68186 104679 3252437 6610339 0 0 0 0 2530705 4238076 0 0 0 12759016 19293897 15289721 23531973 -12037284 -16921634 128820058 116958440 144940355 150247736 -16120297 -33289296 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 19897085 6389921 LONG-TERM CARE COMMUNITY SERVING 160 RESIDENTS. 19897085 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 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 11 0 253 1 0 0 0 0 0 0 0 0 0 0 X 7 7 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 RONALD AHLMAN CHAIR 0.30 0.40 X X 1100 1750 0 CATHERINE TARDY SECRETARY 0.20 0.10 X X 0 0 0 LARRY SHOEMAKE TREASURER 0.20 0.80 X X 1100 3550 0 TOM CASTRONOVO DIRECTOR 0.30 0.70 X 1200 3450 0 KATHY RIVERA DIRECTOR 0.30 0.80 X 1000 2300 0 CHUCK CASSELL DIRECTOR 0.30 0.20 X 2500 350 0 GEOFF ROEHLL DIRECTOR 0.10 0.20 X 0 0 0 STEPHEN YENCHEK PRESIDENT & CEO 40.00 X 0 290253 22883 MICHAEL FLYNN VICE PRESIDENT & CFO 40.00 X 0 220646 15419 JUDITH DONOVAN EXECUTIVE DIRECTOR 40.00 X 148236 0 6424 155136 522299 44726 1 0 1 0 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MANAGEMENT 987420 ARAMARK CORPORATION 25271 NETWORK PLACE CHICAGO IL 60673 DINING SERVICE 964922 GREYSTONE DEVELOPMENT COMPANY II LP 225 E JOHN CARPENTER FRWY SUITE IRVING TX 75062 DEVELOPMENT 785061 WHELAN BUILDERS PO BOX 494 STCHARLES IL 60175 CONSTRUCTION 140750 4 30000 30000 AMORT. OF ENTRANCE FEES 623990 5527602 5527602 RESIDENT SERV REVENUE 623990 757640 757640 6285242 237764 237764 14885439 14932785 -47346 -47346 -47346 TELEPHONE SERVICE FEES 900099 39713 39713 FOOD 900099 24050 24050 MISCELLANEOUS 900099 16506 16506 24410 24410 104679 6610339 6389921 0 190418 X 6600 6600 3520441 3269103 251338 467400 434974 32426 243635 225818 17817 987420 987420 74429 74429 24892 24892 65304 65304 1197121 475469 721652 1227072 1227072 337918 191811 146107 15919 15919 1140633 1140633 24764 20422 4342 12156 5175 6981 8242232 8242232 4232401 4232401 171267 171267 REPAIRS AND MAINTENANCE 709238 698975 10263 FOOD/MEDICINES/SUPPLIES 683943 683943 RESIDENT EVENTS/PROGRAM 104062 104062 RECRUITMENT 38270 38270 4856 800 4056 23531973 19897085 3634888 0 1323 1217 501449 2405493 782204 2737898 22790 17733 18764 91718576 5569845 88929616 86148731 24779892 13142445 13807841 12481102 128820058 116958440 4655253 3255650 6186877 9349281 107355400 100897602 26742825 36745203 144940355 150247736 X -16120297 -33289296 -16120297 -33289296 128820058 116958440 -16921634 -247365 0 X 0 1 X 1 0 X 30000 30000 60894 2939380 6285242 9285516 8094 67008 88173 163275 68988 3006388 6403415 9478791 0 0 0 9478791 211139 237764 448903 211139 237764 448903 398 1178 16506 18082 69386 3218705 6657685 9945776 0.95300 0.93390 0.04510 0.06410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6150047 6150047 77859546 4015562 73843984 7655295 1550299 6104996 53688 3984 49704 86148731 DEFERRED REFINANCING COSTS 2206062 DEFERRED MARKETING COSTS 10275040 12481102 DUE TO FSO 5784088 DUE TO ERHGC 2282 ENTRANCE FEE DEPOSITS 426835 REFUNDABLE ENTRANCE FEES 30531998 36745203 X PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND 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. THE INFORMATIONAL RETURNS FOR THE YEARS 2011-2013 ARE OPEN TO EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN YENCHEK PRESIDENT & CEO 0 259053 0 31200 0 0 0 2965 0 19918 0 313136 0 0 MICHAEL FLYNN VICE PRESIDENT & CFO 0 200146 0 20500 0 0 0 1914 0 13505 0 236065 0 0 JUDITH DONOVAN EXECUTIVE DIRECTOR 134988 0 13248 0 0 0 2067 0 4357 0 154660 0 0 0 PART I, LINE 4B STEPHEN YENCHEK, PRESIDENT AND CEO - $0 A ILLINOIS FINANCE AUTHORITY 861091967 45200F5J4 2010-08-31 3255000 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5N5 2010-08-31 2015000 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5P0 2010-08-31 3660000 GREENFIELDS OF GENEVA PROJECT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45200F5Q8 2010-08-31 4600000 GREENFIELDS OF GENEVA PROJECT 0 0 0 A 3285495 293218 426535 94949 59530 1901317 507635 2310 2012 1 0 1 1 B 2033878 181516 264046 58778 36852 1177006 314250 1430 2012 1 0 1 1 C 3694289 329701 479607 106763 66937 2137887 570797 2598 2012 1 0 1 1 D 4643096 414378 602784 134183 84128 2686961 717395 3265 2012 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 45200F5K1 2010-08-31 3660835 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5L9 2010-08-31 29746754 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5M7 2010-08-31 41052030 GREENFIELDS OF GENEVA PROJECT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45200F5R6 2010-08-31 5000000 GREENFIELDS OF GENEVA PROJECT 0 0 0 A 3695132 329776 479716 106787 66952 2138374 570927 2599 2012 1 0 1 1 B 30025439 2679655 3898017 867718 544029 17375734 4639171 21115 2012 1 0 1 1 C 41436630 3698060 5379462 1197495 750788 23979395 6402291 29140 2012 1 0 1 1 D 5046843 363622 655200 144033 91443 2920610 779778 92156 2012 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 45200F5S4 2010-08-31 3575000 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5T2 2010-08-31 8325000 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5U9 2010-08-31 11600000 GREENFIELDS OF GENEVA PROJECT 0 0 0 A 3608493 250990 468468 102984 65382 2088236 557541 74891 2012 1 0 1 1 B 8402994 541729 1090909 239815 152253 4862816 1298330 217142 2012 1 0 1 1 C 11708676 1520065 334157 212149 6775815 1809084 1057405 2012 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 FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION A, LINE 6 FRIENDSHIP SENIOR OPTIONS, NFP IS A MEMBER IN THAT IT CAN APPOINT THE MEMBERS OF THE GOVERNING BODY OF FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION A, LINE 7A THE EXPLANATION IS THE SAME AS FOR PART VI, LINE 6. FORM 990, PART VI, SECTION B, LINE 11 ALL BOARD OF DIRECTOR MEMBERS RECEIVE AN EMAILED VERSION OF THE FORM 990 BEFORE IT IS FILED. THE FINANCE COMMITTEE REVIEWS THE FORM 990 BEFORE IT IS FILED. BEFORE THE RETURN IS FILED, A PRESENTATION IS GIVEN TO THE FULL BOARD OF DIRECTORS. 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 JUNE 2014 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 THE ORGANIZATION IS IN COMPLIANCE WITH ALL IRS RULINGS ON EXECUTIVE COMPENSATION. THE ORGANIZATION ALSO MAINTAINS A PLAN DOCUMENT THAT IS REVIEWED ANNUALLY AND UPDATED AS REGULATIONS OR THE PLAN CONSTRUCT CHANGES. THE EXECUTIVE COMMITTEE HAS FINAL APPROVAL FOR ALL SALARY AND BENEFIT ADJUSTMENTS FOR THE EXECUTIVES. IN JULY 2014, MERIT INCREASES WERE APPROVED FOR THE VICE-PRESIDENT OF PLANNING & MARKETING, VICE-PRESIDENT OF HUMAN RESOURCES, VICE-PRESIDENT FINANCE/CFO AND EXECUTIVE DIRECTOR OF GREENFIELDS OF GENEVA. THE FSO PRESIDENT/CEO IS UNDER AN EMPLOYMENT CONTRACT. A SALARY SURVEY WAS CONDUCTED ON HIS POSITION IN JUNE 2014. SALARY ADJUSTMENTS HAVE BEEN APPROVED BY THE EXECUTIVE COMMITTEE AND FSO BOARD OF DIRECTORS. THE INCREASE WILL TAKE EFFECT RETROACTIVE TO JULY 1, 2014. THE EXECUTIVE INCENTIVE BONUS PAYOUTS WERE APPROVED BY THE EXECUTIVE COMMITTEE IN ACCORDANCE WITH THE EXECUTIVE INCENTIVE PLAN DOCUMENT AND PAID OUT IN AUGUST, 2014. HUMAN RESOURCES IS RESPONSIBLE FOR THE OVERSIGHT AND OPERATIONAL ASPECTS OF THE COMPENSATION PROGRAM FOR THE REST OF THE ORGANIZATION. THIS INCLUDES CONTRACTING WITH AN EXTERNAL COMPENSATION ORGANIZATION TO CONDUCT WAGE & SALARY SURVEYS. WAGE AND SALARY SURVEYS WERE CONDUCTED FOR ALL POSITIONS (EXEMPT AND NON-EXEMPT) IN THE FALL OF 2013 AND PRESENTED IN JANUARY 2014 WITH MERIT AND MARKET ADJUSTMENTS (AS WARRANTED) OCCURRING IN JULY 2014. 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 RETURNS AND ISSUED FORMS W-2 WITH RESPECT TO WAGES IT HAS PAID AS COMMON PAYMASTER. THE EMPLOYEE COUNT PER FORM W-3, AS SUBMITTED BY FRIENDSHIP SENIOR OPTIONS, HAS BEEN ALLOCATED TO EACH RELATED ORGANIZATION AND IS NOTED IN 990 PART V. EACH RELATED ORGANIZATION HAS REIMBURSED FRIENDSHIP SENIOR OPTIONS FOR ITS SHARE OF WAGES AND TAX PAYMENTS. FORM 990, PART IX FRIENDSHIP VILLAGE OF MILL CREEK, NFP 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. EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO INC 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 362815382 RETIREMENT IL 501(C)(3) LINE 9 FRIENDSHIP SENIOR OPTIONS 0 FRIENDSHIP SENIOR OPTIONS 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201278553 SUPPORT IL 501(C)(3) LINE 11C, III-FI N/A 0 FRIENDSHIP SENIOR OPTION FOUNDATION 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201630044 SUPPORT IL 501(C)(3) LINE 11C, III-FI FRIENDSHIP SENIOR OPTIONS 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1