2015-08-14T12:20:37-05:00 2015-03-31 541326200 MARTIN BEACHY & AREHART PLLC 209 N HIGH STREET HARRISONBURG VA 22802 990 2014-04-01 510249312 PARK VILLAGE INC PARK 5404384225 1501 VIRGINIA AVE HARRISONBURG VA 22802 MIKE PIPER CFO 5404384225 2015-08-14 1 R SCOTT BEACHY P01293900 5404332488 2014 2016-04-25 22:37:26Z JUDITH TRUMBO 1501 VIRGINIA AVE HARRISONBURG VA 22802 6440039 0 X WWW.VMRC.ORG X 1980 VA THE MISSION OF VIRGINIA MENNONITE RETIREMENT COMMUNITY IS TO BE A LEADING RESOURCE IN PROVIDING QUALITY HOMES AND SERVICES THAT PEOPLE WANT AND NEED TO AGE WELL. PARK VILLAGE INC. PROVIDES RETIREMENT HOUSING FOR SENIORS. 3 3 72 39 0 0 4368 11625 6184846 6194889 58226 58852 17222 12210 6264662 6277576 0 0 0 0 1127230 1245992 0 0 0 4695127 4833863 5822357 6079855 442305 197721 32875936 33718253 51751386 52131733 -18875450 -18413480 THE MISSION OF VIRGINIA MENNONITE RETIREMENT COMMUNITY IS TO BE A LEADING RESOURCE IN PROVIDING QUALITY HOMES AND SERVICES THAT PEOPLE WANT AND NEED TO AGE WELL. PARK VILLAGE INC. PROVIDES RETIREMENT HOUSING FOR SENIORS. 0 0 4747942 6194889 ONE AND TWO BEDROOM RETIREMENT APARTMENTS AND COTTAGES, INCLUDING ACTIVITIES, MAINTENANCE OF UNITS, GROUNDS AND APPLIANCES. 4747942 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 72 1 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MIKE PIPER 5404384225 1501 VIRGINIA AVE HARRISONBURG VA 22802 JOHN ROSENBERGER CHAIR 1.00 X X 0 0 0 CARMEN STRITE MILLER VICE CHAIR 1.00 X X 0 0 0 BERYL JANTZI SECRETARY/TREASURER 1.00 X X 0 0 0 JUDITH TRUMBO CEO 40.00 X 0 158241 24571 MIKE PIPER CFO 40.00 X 0 105826 18757 0 264067 43328 0 0 1 0 SODEXO INC & ASSOCIATES PO BOX 536922 ATLANTA GA 30353 DINING SERVICES 458669 1 11625 11625 SENIOR HOUSING & SERVI 531110 6194889 6194889 6194889 81215 81215 58390 46334 12056 12056 12056 22363 -22363 -22363 -22363 93920 93766 154 154 6277576 6194889 0 71062 965985 705620 260365 30600 19703 10897 167508 141532 25976 81899 63320 18579 695557 695557 75 75 10500 10500 194418 194418 246584 245381 1203 420271 390607 29664 813897 756347 57550 2231 1307 924 628 343 285 629941 629941 581 581 1513797 1488726 25071 54240 54240 LIFE ENRICHMENT FEE 141027 141027 WELLNESS CENTER FEES 107784 107784 HOME SERVICES INTERNAL 2261 2261 GUESTROOM INTERNAL 71 71 6079855 4747942 1331913 0 1001 549 -892 1141405 16226343 16643484 18652 16938 38780744 22864867 16630832 15915877 32875936 33718253 232384 300559 34785851 35713170 16001685 15650787 731466 467217 51751386 52131733 X -18875450 -18413480 -18875450 -18413480 32875936 33718253 X 197721 264249 X X 0 1 X 1 0 X 2988 4368 11625 18981 5687994 6315575 6475777 6184846 6194889 30859081 141099 142375 155237 162393 152309 753413 5829093 6457950 6634002 6351607 6358823 31631475 0 0 0 31631475 92953 69136 63291 71811 81215 378406 92953 69136 63291 71811 81215 378406 5922046 6527086 6697293 6423418 6440038 32009881 0.98820 0.98620 0.01180 0.01380 X 507416 507416 34058397 19478587 14579810 1191320 1089930 101390 3023611 2296350 727261 15915877 INTEREST RATE SWAP AGREEMENTS 467217 467217 X 6417676 140100 140100 6277576 0 6277576 6219957 140102 140102 6079855 0 6079855 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM CERTAIN ACTIVITIES DIRECTLY RELATED TO THE ORGANIZATIONS TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THT ARE MATERIAL TO THE FINANCIAL STATEMENTS. IN ADDITION, THE ORGANIZAION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZAITON OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII LINE 6B 46,334. COGS INCLUDED ON PART VIII LINE 10B 93,766. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED ON PART VIII LINE 6B 46,334. COGS INCLUDED ON PART VIII LINE 10B 93,766. ROUNDING 2. X X X X 0 0 0 0 0 0 0 1 0 JUDITH TRUMBO CEO 0 158241 0 0 0 0 0 0 0 0 0 158241 0 0 SCHEDULE J, PART I, LINE 3 SURVEY DATA IS REVIEWED ANNUALLY FROM THE COMPENSATION STUDY OF SIMILAR NOT-FOR-PROFIT CCRCS IN THE LEADING AGE, ALONG WITH A SURVEY OF THE LOCAL NOT-FOR-PROFIT COMPETITORS. CEO COMPENSATION IS DETERMINED BY THE BOARD AND FINANCE COMMITTEE. A INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF HARRISONBURG VIRGINIA 542000436 415675A20 2006-10-24 REFUNDING OF PRIOR BOND ISSUE 0 0 0 A 1 1 1 1 A 0 0 0 0 0 0 1 A 0 0 1 1 1 1 SOVEREIGN BANK 4.500000000000 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES MANAGEMENT TO THE RELATED ORGANIZATION VIRGINIA MENNONITE RETIREMENT COMMUNITY INC. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WAS SUPPLIED TO ALL BOARD MEMEBERS PRIOR TO FILING AND THE VIRGINIA MENNONITE RETIREMENT COMMUNITY BOARD FINANCE COMMITTEE AS A GROUP REVIEWED THE 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE. BOARD ORIENTATION INCLUDES EDUCATION CONCERNING THE CONFLICT OF INTEREST POLICY. MANAGEMENT AND STAFF RECEIVE EDUCATION AT NEW EMPLOYEE ORIENTATION AND DURING ANNUAL EDUCATION DAY, WHICH INCLUDES THE CORPORATE COMPLIANCE AND ETHICS PROGRAM. THIS PROGRAM INCLUDES THE POLICY ON CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 SURVEY DATA IS REVIEWED ANNUALLY FROM THE COMPENSATION STUDY OF SIMILAR NOT-FOR-PROFIT CCRCS IN THE LEADING AGE, ALONG WITH A SURVEY OF THE LOCAL NOT-FOR-PROFIT COMPETITORS. CEO COMPENSATION IS DETERMINED BY THE BOARD AND FINANCE COMMITTEE. OTHER EMPLOYEE COMPENSATION IS DETERMINED BY THE ORGANIZATION'S MANAGEMENT TEAM. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS: AVAILABLE ONSITE AND IN BOND DOCUMENTS. CONFLICT OF INTEREST POLICY: AVAILABLE ONSITE. FINANCIAL STATEMENTS: AVAILABLE ON ZIEGLER RESEARCH WEBSITE AND IN VMRC'S PUBLISED ANNUAL REPORT WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP CONTRACTS 264,249. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. VIRGINIA MENNONITE RETIREMENT COMMUNITY INC 1501 VIRGINIA AVE HARRISONBURG VA 22802 510249314 RETIREMENT COMMUNITY MANAGEMENT SERVICES VA 501(C)(3) 11B N/A 0 HERITAGE HEAVEN INC 1501 VIRGINIA AVE HARRISONBURG VA 22802 510228675 HUD SUBSIDIZED HOUSING FOR SENIORS VA 501(C)(3) 9 N/A 0 VMRC FOUNDATION INC 1501 VIRGINIA AVE HARRISONBURG VA 22802 510249313 FUNDRAISING SUPPORT FOR RELATED 501(C)(3) VA 501(C)(3) 7 N/A 0 VIRGINIA MENNONITE HOME INC 1501 VIRGINIA AVE HARRISONBURG VA 22802 540590902 NURSING HOME AND ASSISTED LIVING CARE VA 501(C)(3) 9 N/A 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 1 0 0 0 0