2014-05-14T13:01:07-05:00 2013-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2012-07-01 352058981 UNIVERSITY PLACE INC UNIV 7086476500 1055 W 175TH STREET HOMEWOOD IL 60430 RICHARD D TRUESDALE 2010-05-13 true Nicole Bencik P00756195 3128997000 2012 2015-11-30 17:44:51Z JUDY AMIANO 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 10355969 false X WWW.FRANCISCANCOMMUNITIES.COM X 1988 IN ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE AND RELIGIOUS PURPOSE TO SUPPORT THE MINISTRIES OF THE FRANCISCAN SISTERS OF CHICAGO. 3 2 196 17 0 0 5000 0 10086129 9805940 299772 218708 70363 71389 10461264 10096037 0 0 0 0 3723556 3570801 0 0 0 6811353 7760163 10534909 11330964 -73645 -1234927 27866417 25957636 41283686 43975037 -13417269 -18017401 X THE MISSION OF UNIVERSITY PLACE IS TO HONOR THE DIGNITY OF LIFE BY SERVING AS A COMPASSIONATE COMMUNITY. (CONTINUED IN SCHEDULE O) false false 4565934 3723811 INDEPENDENT LIVING: UNIVERSITY PLACE PROVIDES INDEPENDENT LIVING SERVICES TO ALLOW RESIDENTS TO ENJOY ACTIVE AND INDEPENDENT LIFESTYLES. THESE SERVICES ARE DESIGNED TO MEET THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE RESIDENTS. ACCOMODATIONS INCLUDE GARDEN HOMES AND STUDIO, ONE, AND TWO BEDROOM APARTMENTS. SOME OF THE AMENITIES PROVIDED INCLUDE DINING, HOUSEKEEPING, MAINTENANCE, TRANSPORTATION, HEALTH AND FITNESS, RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES, SECURITY, AND AN EMERGENCY RESPONSE SYSTEM.THE AVERAGE CENSUS IN INDEPENDENT LIVING APPROXIMATED 92 IN FISCAL 2013. 3245418 3969667 NURSING HOME CARE: UNIVERSITY PLACE PROVIDES NURSING CARE SERVICES TO MEET THE PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF THE RESIDENTS. SOME OF THE AMENITIES PROVIDED INCLUDE PERSONALIZED CARE PLANS, LICENSED NURSING STAFF, THREE MEALS DAILY, SNACKS, HOUSEKEEPING, MAINTENANCE, RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES, AND SECURITY. THE AVERAGE DAILY CENSUS APPROXIMATED 27 IN FISCAL 2013. 2082820 2112462 ASSISTED LIVING: UNIVERSITY PLACE PROVIDES ASSISTED LIVING SERVICES TO ALLOW RESIDENTS TO RECEIVE THE ASSISTANCE THEY NEED WHILE MAINTAINING AN ACTIVE LIFESTYLE. THESE SERVICES ARE DESIGNED TO MEET THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE RESIDENTS. ACCOMODATIONS INCLUDE EFFICIENCIES, STUDIOS, AND ONE BEDROOM UNITS. SOME OF THE AMENITIES PROVIDED INCLUDE THREE MEALS DAILY, SNACKS, HOUSEKEEPING, MAINTENANCE, SECURITY, AND RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES. IN ADDITION, STAFF IS AVAILABLE TO PROVIDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING TO MEET EACH RESIDENT'S NEEDS.THE AVERAGE CENSUS IN ASSISTED LIVING APPROXIMATED 36 IN FISCAL 2013. 9894172 true false false false false false false false false true false false true true false false true false false false false false false false false false false false true true false false false false false false false false false true false false false false false true false false false false true 38 0 true 196 true false false false false false false false false false false X 3 2 true false false false true true true true true false false false true true true true true false false false IN X RICHARD D TRUESDALE 7086476500 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 JUDY AMIANO 2.00 38.00 X X 0 494628 59720 SISTER M FRANCINE LABUS OFS 0.10 0.90 X X 0 0 0 SISTER M FRANCIS CLARE RADKE OFS 0.10 0.90 X X 0 0 0 ANNETTE SHOEMAKER 0.10 0.90 X 0 0 0 DENISE BOUDREAU 2.00 38.00 X 0 49227 9562 RONALD TINSLEY 2.00 38.00 X 0 327087 39015 SANDRA SINGER 0.10 0.90 X 0 0 0 TRACY SHEARER 2.00 38.00 X 0 61721 19241 0 932663 127539 0 false true false ALLIANCE REHAB - INDIANA 1520 KENSINGTON ROAD OAK BROOK IL 60523 REHAB SERVICES 654766 FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 MANAGEMENT SERVICES 578259 ALLIANCE PHARMACY SERVICES 1520 KENSINGTON ROAD OAK BROOK IL 60523 PATIENT PHARMACY SVC 270921 3 0 NET RESIDENT SERVICE REVENUE 623000 9805940 9805940 0 0 0 0 0 0 0 0 9805940 55041 55041 71821 71821 0 0 0 0 351778 241736 18196 110042 -18196 91846 91846 0 0 0 DINING SERVICE REVENUE 900099 28202 28202 CAFETERIA REVENUE 900099 24651 24651 DELI SNACK SHOP 900099 17840 17840 696 0 0 696 71389 10096037 9805940 0 290097 0 0 0 0 0 0 2936985 2514820 422165 26618 22792 3826 394793 338045 56748 212405 181874 30531 578259 578259 4106 4106 46584 46584 0 0 16357 16357 1362280 1330043 32237 0 91469 91469 723797 640775 83022 0 0 409436 409436 22184 6861 15323 0 1922 1139 783 429185 429185 0 1731243 1731243 123803 123803 LETTER OF CREDIT FEES 231760 231760 MEDICAL SUPPLIES 314107 314107 FINANCE CHARGE 373043 373043 LOSS ON RETIREMENT OF DEBT 1185776 1185776 114852 59470 55382 0 11330964 9894172 1436792 0 0 800 800 2496286 2492420 545052 590313 0 0 55438 42968 10354 91620 33135210 17319537 16772580 15815673 5955251 2487627 0 0 0 0 2030656 4436215 27866417 25957636 1054752 835794 15168653 19321215 23025726 23810946 0 2034555 7082 41283686 43975037 X -13417269 -18017401 -13417269 -18017401 27866417 25957636 X -1234927 309115 -3674320 X false true X true false X 64100 5000 69100 9782084 9794093 9923324 10086129 9805940 49391570 92811 93002 73149 70363 71388 400713 0 0 9874895 9951195 9996473 10161492 9877328 49861383 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49861383 77524 142136 143935 149958 126862 640415 0 77524 142136 143935 149958 126862 640415 0 0 0 0 0 0 9952419 10093331 10140408 10311450 10004190 50501798 0.98730 0.98480 0.01260 0.01510 X 2659445 2659445 27310135 14647742 12662393 0 1341077 1129167 211910 1824553 1542628 281925 15815673 DEFERRED BOND ISSUANCE COSTS 112393 DEFERRED MARKETING COSTS 525616 457 PLAN LONG TERM ASSETS 4164 DUE FROM AFFILIATES 3794042 4436215 0 DUE TO AFFILIATES 0 DUE TO 3RD PARTIES 2918 457 PLAN LONG TERM LIABILITY 4164 NOTE PAYABLE - SUBORDINATED 0 7082 10388796 309115 0 309115 10079681 16356 0 16356 10096037 11314608 0 0 11314608 16356 0 16356 11330964 false true false false false false false JUDY AMIANO 0 339101 0 152955 0 2572 0 47106 0 12614 0 554348 0 0 RONALD TINSLEY 0 236421 0 88800 0 1866 0 27270 0 11745 0 366103 0 0 Arrangement used to establish the top management official's compensation Schedule J, Part I, Line 3 THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION ("FSCSC"), THE SOLE CORPORATE MEMBER, HAS THE RESPONSIBILITY TO ESTABLISH COMPENSATION RANGES FOR THE ORGANIZATION'S CEO/EXECUTIVE OFFICER. THE PROCESS FOR DETERMINING THE APPROPRIATE COMPENSATION INCLUDES: 1. REVIEW AND APPROVAL BY THE EXECUTIVE COMPENSATION COMMITTEE. 2. OBTAINING AND ANALYZING COMPARABLE COMPENSATION DATA FOR SIMILAR PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b THE FOLLOWING SUMMARY LISTS THE EMPLOYEES PARTICIPATING IN A NONQUALIFIED 457(F) RETIREMENT PLAN AND THE AMOUNT OF THE CONTRIBUTION, IF ANY, TO THE PLAN IN CALENDAR 2012: JUDY AMIANO - $23,100 RONALD TINSLEY - $7,500 A ILLINOIS FINANCE AUTHORITY 861091967 45203HPP1 2013-03-13 19832432 SEE PART VI false false true A 56000 0 19832498 1558842 0 0 396649 0 0 410434 14461364 3005209 true true false true A false false false false false false 0.00000 0.00000 0.00000 false false 0 false false A false true false false true false 0.0 false false false 0.0 false false false A false ISSUER NAME: ILLINOIS FINANCE AUTHORITY SCHEDULE K, PART I THE PURPOSE OF THE 2013A/B BONDS WAS, IN PART, TO REFUND THE FOLLOWING BOND SERIES: 1996B BONDS, ISSUE DATE 8/29/96; 2001A/B BONDS, ISSUE DATE 12/5/01; 2003A/B BONDS, ISSUE DATE 6/13/03; 2003D BONDS, ISSUE DATE 6/27/03; 2003E BONDS, ISSUE DATE 11/26/03; 2004A BOND, ISSUE DATE 3/31/04; 2004E BONDS, ISSUE DATE 9/28/04; 2006 BONDS, ISSUE DATE 7/12/06 AND 2004B BONDS, ISSUE DATE 3/31/04 AS WELL AS TO FUND CAPITAL PROJECTS. TOTAL PROCEEDS OF ISSUE SCHEDULE K, PART II, LINE 3 A. ILLINOIS FINANCE AUTHORITY 3/13/2013 TOTAL PROCEEDS AT ISSUE: $19,832,432 TOTAL INVESTMENT EARNINGS $66 PROCEDURES TO ENSURE REMEDIATION IN ACCORDANCE WITH REGULATIONS SCHEDULE K, PART III, LINE 9 THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO ENSURE ALL NONQUALIFIED BONDS (IF ANY) OF THE ISSUE ARE REMEDIATED IN ACCORDANCE WITH THE ASSOCIATED REGULATIONS. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. THE ORGANIZATION INTENDS TO HAVE THESE PROCEDURES IN PLACE DURING THE FISCAL 2015 TAX YEAR. WRITTEN PROCEDURES TO MONITOR COMPLIANCE WITH ARBITRAGE REQUIREMENTS SCHEDULE K, PART IV, LINE 7 THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO MONITOR THE ORGANIZATION'S ABILITY TO REMAIN IN COMPLIANCE WITH THE ARBITRAGE REQUIREMENTS UNDER SECTION 148 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. THE ORGANIZATION INTENDS TO HAVE THESE PROCEDURES IN PLACE DURING THE FISCAL 2015 TAX YEAR. PROCEDURES DICTATING MANAGEMENT'S TIMELY INDENTIFICATION/CORRECTION OF VIOLATION OF TAX REQUIREMENTS SCHEDULE K, PART V THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES WHICH DICTATE HOW MANAGEMENT TIMELY IDENTIFIES AND CORRECTS VIOLATIONS OF FEDERAL TAX REQUIREMENTS USING THE VOLUNTARY CLOSING AGREEMENT PROGRAM PROVIDED BY THE IRS WHEN SELF-REMEDIATION IS NOT AVAILABLE TO THE ORGANIZATION. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. IN THE EVENT A VIOLATION IS IDENTIFIED THE ORGANIZATION'S POLICY IS TO CORRECT THE VIOLATION AS SOON AS POSSIBLE, WHILE WORKING WITH THE FEDERAL AUTHORITIES AS NECESSARY TO ENSURE THAT SUFFICIENT CONTROLS ARE PRESENT WHICH WILL GUARD AGAINST FUTURE VIOLATIONS. THE ORGANIZATION INTENDS TO HAVE THESE PROCEDURES IMPLEMENTED DURING THE FISCAL 2015 TAX YEAR. POOLED FINANCING OF ILLINOIS FINANACE AUTHORITY BOND ISSUE SERIES 2013AB SCHEDULE K, PART VI $111,081,610 ILLINOIS FINANCE AUTHORITY REVENUE BONDS, SERIES 2013A/B FRANCISCAN COMMUNITIES, INC. FEIN: 35-1124441 AMOUNT BENEFITING ORGANIZATION: $91,249,177 UNIVERSITY PLACE, INC. FEIN: 35-2058981 AMOUNT BENEFITING ORGANIZATION: $19,832,432 ALLIANCE REHAB INC SEE PART V 564728 PAYMENT FOR THERAPY SERVICES false ALLIANCE PHARMACY SERVICES LLC SEE PART V 241601 PHARMACY SERVICES false ALLIANCE REHAB, INC. SCHEDULE L, PART IV, COLUMN (B) JUDY AMIANO AND RONALD TINSLEY ARE MEMBERS OF THE BOARD OF DIRECTORS FOR BOTH UNIVERSITY PLACE AND HEALTH RESOURCES ALLIANCE, INC., PARENT COMPANY OF ALLIANCE REHAB, INC. ALLIANCE PHARMACY SERVICES, LLC SCHEDULE L, PART IV, COLUMN (B) JUDY AMIANO AND RONALD TINSLEY SERVE ON THE BOARD OF DIRECTORS FOR BOTH UNVERSITY PLACE AND HEALTH RESOURCES ALLIANCE, INC., PARENT COMPANY TO ALLIANCE PHARMACY SERVICES, LLC. VALUE STATEMENT FORM 990, PART III, LINE 1 THE VALUES OF UNIVERSITY PLACE, INC. INCLUDE: 1. RESPECT: SEEING THE FACE OF GOD REFLECTED IN THOSE WE SERVE; 2. SERVICE: RESPONDING TO THE NEEDS OF OTHERS BEFORE OUR OWN; 3. DEDICATION: PASSIONATELY FULFILLING THIS CALL ENTRUSTED TO US: 4. STEWARDSHIP: RESPONSIBLY USING OUR RESOURCES, AWARE THAT ALL CREATION IS A GIFT; 5. JOY: GIVING FROM YOUR HEART. VISION STATEMENT FORM 990, PART III, LINE 1 UNIVERSITY PLACE'S VISION IS TO BECOME THE OPTIMAL MEANS, WHICH FREES ALL THOSE WE SERVE TO EXPERIENCE THE FULLNESS OF THEIR LIVES. UNIVERSITY PLACE IS OPERATED SOLELY FOR THE CHARITABLE AND RELIGIOUS PURPOSE OF THE FRANCISCAN SISTERS OF CHICAGO. THE CHARISM OF THE FRANCISCAN SISTERS OF CHICAGO IS TO DEVOTE THEMSELVES TO THE MINISTRY OF PROVIDING CARE AND HOUSING TO THE ELDERLY AND INFIRM. UNIVERSITY PLACE OFFERS SERVICES TO MEET BOTH THE PHYSICAL AND SPIRITUAL NEEDS OF THE RESIDENTS. IN FULFILLMENT OF THIS MINISTRY UNIVERSITY PLACE PROVIDES INDEPENDENT LIVING, ASSISTED LIVING, AND NURSING HOME SERVICES. GIFT OF CARE FORM 990, PART III, LINE 1 GIFT OF CARE: FOR MORE THAN 110 YEARS, THE FRANCISCAN SISTERS OF CHICAGO AND UNIVERSITY PLACE HAVE FULFILLED THE DESPERATE NEED OF THE ELDERLY AND THE UNDERSERVED. THE GIFT OF CARE PROGRAM IS ONE OF THE WAYS DEVELOPED TO PROVIDE ADDITIONAL OUTREACH SERVICES TO THE UNDERPRIVILEGED POPULATION. LONG-TERM CARE IS VERY EXPENSIVE AND MANY WILL NOT BE ABLE TO PAY FOR ALL OF THE NECESSARY SERVICES OUT OF HIS OR HER OWN INCOME AND RESOURCES. THATS WHERE THE GIFT OF CARE CAN HELP. COMMITMENT: THE GIFT OF CARE IS A COMMITMENT BY UNIVERSITY PLACE TO UNDERWRITE ALL OR A PORTION OF A RESIDENT'S CARE FOR A SPECIFIC PERIOD OF TIME. IT IS BASED UPON DEFINED CRITERIA. AS A NOT-FOR-PROFIT ORGANIZATION, UNIVERSITY PLACE PROMOTES AND CARES FOR THE INTERESTS OF OLDER ADULTS IN AN ENVIRONMENT OF DIGNIFIED LIVING, CARING AND COMPASSION. IN THE SPIRIT AND TRADITION OF THE CATHOLIC CHURCH, THE FRANCISCAN SISTERS OF CHICAGO AND OUR FOUNDRESS, MOTHER MARY THERESA DUDZIK, HAVE BEEN OF SERVICE TO THE NEEDY AND THE POOR FOR OVER 110 YEARS. THIS PROGRAM IS ONE OF THE WAYS WE REACH OUT SPECIFICALLY TO THOSE WHO NEED US THE MOST. UNIVERSITY PLACE STRIVES TO PROVIDE THE GIFT OF CARE PROGRAM FOR APPLICANTS AND EXISTING RESIDENTS, WHO DESPARATELY NEED FINANCIAL ASSISTANCE WITH THE EXPENSES ASSOCIATED WITH OUR COMPASSIONATE SERVICES. DEPENDING ON THE INDIVIDUAL CIRCUMSTANCES, A PERSON MAY BE EITHER FULLY OR PARTIALLY SUPPORTED FINANCIALLY. CHARITY CARE PROVIDED BY UNIVERSITY PLACE IN FISCAL 2013 AMOUNTED TO $0 WITH UNREIMBURSED CARE OF $8,000. Family/business relationships amongst interested persons Form 990, Part VI, Section A, Line 2 SR. FRANCIS CLARE RADKE, JUDY AMIANO, ANNETTE SHOEMAKER, SANDRA SINGER, RONALD TINSLEY, TRACY SHEARER AND DENISE BOUDREAU - BUSINESS RELATIONSHIP Classes of members or stockholders Form 990, Part VI, Section A, Line 6 THE SOLE CORPORATE MEMBER OF UNIVERSITY PLACE IS THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION ("FSCSC"). THE MEMBERS OF FSCSC SHALL CONSIST OF THE GENERAL MINISTER AND THE MEMBERS OF THE GENERAL COUNCIL OF THE FRANCISCAN SISTERS OF CHICAGO. THE MEMBERS SHALL ACT IN A STEWARDSHIP CAPACITY AND ENSURE THAT ALL ACTIONS OF UNIVERSITY PLACE ARE CONSISTENT WITH THE PURPOSES OF FSCSC AND THE ETHICAL AND RELIGIOUS PRINCIPLES OF THE FRANCISCAN SISTERS OF CHICAGO AND IN FURTHERANCE OF THEIR APOSTOLATES AND THE CATHOLIC CHURCH. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a THE SOLE CORPORATE MEMBER, THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION, HAS THE RESERVE POWER TO APPOINT AND REMOVE DIRECTORS AND FILL VACANCIES ON THE BOARD OF DIRECTORS OF UNIVERSITY PLACE. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b THE MEMBER, THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION ("FSCSC"), SHALL HAVE THE FOLLOWING RESERVED POWERS: (A) TO APPROVE THE CORPORATION'S STRATEGIC PLANS, ANNUAL, OPERATING, CAPITAL AND CASH FLOW BUDGETS AND SIMILAR DOCUMENTS DEVELOPED BY THE BOARD. (B) GOVERNING DOCUMENT AMENDMENTS AND GOVERNANCE 1. TO APPROVE ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION, BYLAWS OR SIMILAR GOVERNING DOCUMENTS OF THE CORPORATION. 2. TO APPOINT AND REMOVE DIRECTORS AND FILL VACANCIES ON THE BOARD OF DIRECTORS. 3. TO APPOINT OR REMOVE THE CHAIRPERSON AND THE PRESIDENT/CEO OF UNIVERSITY PLACE. (C) SIGNIFICANT ACTIONS. 1. TO APPROVE ANY MERGER, CONSOLIDATION, DISSOLUTION OR LIQUIDATION OF UNIVERSITY PLACE, OR ANY AFFILIATE, OTHER THAN A MERGER OR CONSOLIDATION SOLELY BETWEEN EXISTING AFFILIATES. SUBJECT TO APPROVAL OF THE MEMBERS OF FSCSC. 2. TO APPROVE THE PURCHASE, SALE, DONATION, LEASE, MORTGAGE, OR ANY OTHER ACQUISITION, DISPOSITION OR ENCUMBRANCE OF ANY ASSETS OF UNIVERSITY PLACE, EXCEPT WITH RESPECT TO TRANSACTIONS WITHIN LIMITS DELEGATED TO UNIVERSITY PLACE. SUBJECT TO APPROVAL OF THE MEMBERS OF FSCSC. 3. TO APPROVE THE ESTABLISHMENT, TERMINATION, TRANSFER OR OTHER ACQUISITION OR DISPOSITION OF ANY MAJOR MINISTRY, WORK OR SIMILAR PROGRAM BY UNIVERSITY PLACE. SUBJECT TO APPROVAL OF THE MEMBERS OF FSCSC. 4. TO APPROVE THE CREATION OF ANY NEW AFFILIATE OR ANY AFFILIATION OF UNIVERSITY PLACE WITH ANOTHER ENTITY. SUBJECT TO APPROVAL OF THE MEMBERS OF FSCSC. 5. TO APPROVE THE INCURRENCE OF INDEBTEDNESS, THE MAKING OF LOANS TO OTHER ENTITIES OR THE GUARANTY OF ANY INDEBTEDNESS OF OTHERS, BY UNIVERSITY PLACE, FOR AMOUNTS IN EXCESS OF SPECIFIED AMOUNTS. 6. TO ESTABLISH DOLLAR LIMITS BELOW WHICH UNIVERSITY PLACE MAY AUTHORIZE FINANCIAL EXPENDITURES, INCLUDING CONTRACTS INVOLVING SUCH EXPENDITURES. 7. TO ESTABLISH DOLLAR LIMITS BELOW WHICH UNIVERSITY PLACE MAY AUTHORIZE LITIGATION SETTLEMENTS OR ANY RELEASE OR CANCELLATION BY UNIVERSITY PLACE OF A CLAIM OR RIGHT OF ACTION AGAINST ANOTHER PARTY. 8. TO APPROVE COMPLIANCE PLANS, ACCOUNTING, INVESTING AND HUMAN RESOURCES POLICIES, EMPLOYEE PENSION AND OTHER BENEFIT PROGRAMS AND OTHER MATTERS TO THE EXTENT DETERMINED APPROPRIATE BY THE FSCSC. 9. TO APPROVE ETHICISTS, AUDITORS, LEGAL COUNSEL AND OTHER SIGNIFICANT CONSULTANTS OF UNIVERSITY PLACE. 10. TO ESTABLISH COMPENSATION RANGES FOR EMPLOYEES OF UNIVERSITY PLACE, TO THE EXTENT DEEMED APPROPRIATE. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b MANAGEMENT PRESENTED A FINAL DRAFT OF THE COMPLETED FORM 990 TO THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. Conflict of interest policy Form 990, Part VI, Section B, Line 12c AS PROVIDED FOR IN THE CONFLICT OF INTEREST POLICY, IT IS THE RESPONSIBILITY OF THE BOARD OR COMMITTEE CHAIR TO ENSURE THAT EACH DIRECTOR, OFFICER, AND MEMBER OF A BOARD COMMITTEE ANNUALLY SIGNS AN FSCSC APPROVED CONFLICT OF INTEREST DISCLOSURE STATEMENT. COPIES OF ALL SIGNED STATEMENTS ARE FORWARDED TO THE CORPORATE DIRECTOR OF COMPLIANCE AND STANDARDS. KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THEIR DIRECT SUPERVISOR. POTENTIAL CONFLICTS OF INTEREST OF BOARD MEMBERS ARE BROUGHT TO THE ATTENTION OF THE BOARD CHAIR. AFTER DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE A DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED ON. PROPOSED TRANSACTIONS WITH INTERESTED PERSONS OF THE BOARD OF DIRECTORS OR COMMITTEES REQUIRES THE APPROVAL OF THE BOARD PRIOR TO ENTERING INTO THE PROPOSED TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON SHALL NOT BE PRESENT DURING THE PRESENTATION OR THE VOTE ON THE PROPOSED TRANSACTION OR ARRANGEMENT. KEY EMPLOYEES, OFFICERS AND HIGHEST COMPENSATED EMPLOYEES ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT THAT IS REVIEWED BY THEIR DIRECT SUPERVISOR. THE SUPERVISOR WILL WORK WITH THE COMPLIANCE OFFICER AND POSSIBLY HUMAN RESOURCES IN TAKING APPROPRIATE STEPS TO ADDRESS THE POTENTIAL CONFLICT. PROCESS USED TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL FORM 990, PART VI, LINE 15A UNIVERSTIY PLACE'S TOP MANAGEMENT OFFICIAL IS PAID BY THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION ("FSCSC"), A RELATED TAX-EXEMPT ORGANIZATION. THE BOARD OF DIRECTORS OF FSCSC HAS ADOPTED AN EXECUTIVE COMPENSATION PHILOSOPHY TO ENABLE FSCSC TO RECRUIT, RETAIN, DEVELOP AND MOTIVATE CAPABLE AND COMMITTED EXECUTIVE LEADERS ESSENTIAL TO SUSTAINING ITS MISSION AND ACHIEVING ITS VISION AND ORGANIZATIONAL GOALS. THE BOARD OF DIRECTORS APPOINTED AN EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD TO MEET THIS RESPONSIBILITY. THE EXECUTIVE COMPENSATION COMMITTEE WILL CONTINUALLY MONITOR THE COMPENSATION STRATEGY TO REFLECT CHANGES IN MARKET CONDITIONS AND EXECUTIVE NEEDS. THIS STRATEGY AND THE REWARD ELEMENTS SERVE AS A "ROAD MAP" FOR THE ON-GOING ADMINISTRATION OF THE COMPENSATION PROGRAMS. THE BOARD HAS ADOPTED A PHILOSOPHY OF VIEWING EXECUTIVE COMPENSATION IN ITS TOTALITY, CONSIDERING ALL REWARD ELEMENTS - BOTH EXTRINSIC AND INTRINSIC, PROVIDED TO EXECUTIVES THE EXECUTIVE COMPENSATION COMMITTEE MAKES THE RECOMMENDATION ON THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND PRESIDENT WITH FINAL APPROVAL FROM THE SPONSOR BOARD AND THE FSCSC BOARD OF DIRECTORS. THE ANNUAL REVIEW PROCESS FOR DETERMINING THE APPROPRIATE COMPENSATION OF THE TOP MANAGEMENT OFFICIAL INCLUDES: 1. OBTAINING AND ANALYZING COMPARABLE COMPENSATION DATA FOR SIMILAR PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS. 2. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. 3. THE PROCESS OF OBTAINING COMPARABLE COMPENSATION DATA, AS OUTLINED ABOVE, WAS LAST PERFORMED IN FEBRUARY 2013. PROCESS USED TO ESTABLISH COMPENSATION OF OTHER OFFICERS/KEY EMPLOYEES FORM 990, PART VI, LINE 15B UNIVERSITY PLACE'S OTHER OFFICERS ARE PAID BY THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION ("FSCSC"), A RELATED TAX-EXEMPT ORGANIZATION. FSCSC'S CHIEF EXECUTIVE OFFICER AND PRESIDENT, MAKES RECOMMENDATIONS TO THE EXECUTIVE COMPENSATION COMMITTEE FOR THE ESTABLISHEMENT OF SALARY RANGES AND SALARIES FOR THE CHIEF FINANCIAL OFFICER AND CHIEF OPERATING OFFICER OF THE ORGANIZATION WITH FINAL APPROVAL FROM THE FSCSC BOARD OF DIRECTORS. THE VICE PRESIDENT OF HUMAN RESOURCES IS RESPONSIBLE FOR MAKING RECOMMENDATIONS AND ESTABLISHING COMPENSATION RANGES FOR THE POSITIONS OF VICE PRESIDENT OF MINISTRY DEVELOPMENT; VICE PRESIDENT OF HUMAN RESOURCES; VICE PRESIDENT OF MISSION INEGRATION AND PASTORAL CARE AND VICE PRESIDENT OF CLINICAL SERVICES, WITH THE APPROVAL OF THE CHIEF EXECUTIVE OFFICER AND PRESIDENT. FSCSC'S VICE PRESIDENT OF HUMAN RESOURCES HAS THE RESPONSIBILITY TO ESTABLISH COMPENSATION RECOMMENDATIONS FOR THE ORGANIZATION'S OTHER KEY EMPLOYEES. THE PROCESS FOR DETERMINING THE APPROPRIATE COMPENSATION OF EACH POSITION INCLUDES: 1. HUMAN RESOURCE DEPARTMENT OBTAINS AND ANALYZES COMPARABLE COMPENSATION DATA FOR SIMILAR PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILAR ORGANIZATIONS. THE PROCESS OF OBTAINING COMPARABLE COMPENSATION DATA WAS LAST PERFORMED IN FEBRUARY 2013. 2. CHIEF EXECUTIVE OFFICER AND PRESIDENT REVIEWS AND MAKES FINAL APPROVAL OF COMPENSATION RANGES AND SALARIES. 3. APPROVED COMPENSATION IS SHARED WITH THE EXECUTIVE COMPENSATION COMMITTEE. 4. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENTS. Governing documents, conflict of interest policy and financial statements available to the public Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH APPLICABLE LAWS AND REGULATIONS. Other Expenses Form 990, Part IX, Line 11g THERAPY - TOTAL EXPENSE: 540629, PROGRAM SERVICE EXPENSE: 540629, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; DINING SERVICES - TOTAL EXPENSE: 370720, PROGRAM SERVICE EXPENSE: 370720, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; REPAIRS & MAINTENANCE - TOTAL EXPENSE: 77803, PROGRAM SERVICE EXPENSE: 77803, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; GROUNDS - TOTAL EXPENSE: 77050, PROGRAM SERVICE EXPENSE: 77050, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; CONSULTING - TOTAL EXPENSE: 42749, PROGRAM SERVICE EXPENSE: 42749, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; TRASH REMOVAL - TOTAL EXPENSE: 24334, PROGRAM SERVICE EXPENSE: 24334, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; HVAC - TOTAL EXPENSE: 22598, PROGRAM SERVICE EXPENSE: 22598, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; OTHER PURCHASED SERVICES - TOTAL EXPENSE: 206397, PROGRAM SERVICE EXPENSE: 174160, MANAGEMENT AND GENERAL EXPENSES: 32237, FUNDRAISING EXPENSES: ; Other changes in net assets or fund balances Form 990 , Part XI, Line 9 CHANGE IN ACCOUNTING PRINCIPLE - -3674320; CHANGE IN ACCOUNTING PRINCIPLE FORM 990, PART XI, LINE 9 ON MARCH 31, 2013, UNIVERSITY PLACE ADOPTED THE PROVISIONS OF ASU 2012-01, HEALTH CARE ENTITIES (TOPIC 954); CONTINUING CARE RETIREMENT COMMUNITIES - REFUNDABLE ADVANCE FEES. THIS RESULTED IN THE ESTABLISHMENT OF A LIABILITY FOR ADVANCE FEE FOR AMOUNTS WHICH WERE PREVIOUSLY PRESENTED AS REFUNDABLE RESIDENT DEPOSITS AND AMORTIZED INTO REVENUE OVER THE LIFE OF THE FACILITY AS THE RESIDENT CONTRACTS DO NOT LIMIT THE REFUND OF THE ADVANCE FEE TO THE PROCEEDS OF REOCCUPANCY. THE RETROACTIVE EFFECT OF THE CHANGE IN ACCOUNTING FOR REFUNDABLE ENTRANCE FEES WAS $3,674,320. FRANCISCAN SISTERS OF CHICAGO SERVICE CORP 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 MANAGEMENT IL 501(C)(3) 11 - Type II NA false FRANCISCAN SISTERS OF CHICAGO 11500 THERESA DRIVE LEMONT IL 60439 PARENT IL 501(C)(3) 1 NA false FRANCISCAN COMMUNITY SERVICES INC 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 HEALTHCARE IL 501(C)(3) 9 FSCSC false FRANCISCAN COMMUNITY BENEFIT SERVICES 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 FOUNDATION IL 501(C)(3) 9 FSCSC false ST JUDE HOUSE 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 ABUSE SHELTER IN 501(C)(3) 7 FCBS false SAMC INC 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 HOSPITAL IN 501(C)(3) 3 FSCSC false ST JOSEPH SENIOR HOUSING 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 AFFORDABLE HOUSING IL 501(C)(4) N/A FSCSC false FRANCISCAN COMMUNITIES INC 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 HEALTHCARE IN 501(C)(3) 9 FSCSC false CRETE HOUSING MANAGER LLC 1055 W 175TH STREET SUITE 202 HOMEWOOD IL 60430 383698012 MGR OF AFFORDABLE HOUSING IL NA N/A CRETE SENIOR HOUSING LLC 1055 W 175TH STREET SUITE 202 HOMEWOOD IL 60430 320132660 AFFORDABLE SENIOR HOUSING IL NA N/A LOUISVILLE SENIOR HOUSING LLC 1055 W 175TH STREET SUITE 202 HOMEWOOD IL 60430 260768949 AFFORDABLE SENIOR HOUSING IL NA N/A FRANCISCAN ADVISORY SERVICES INC 1055 W 175TH STREET STE 202 HOMEWOOD IL 60430 900821523 MANAGEMENT AND DEVELOPMENT ADVISORY SERVICES IL NA C CORPORATION false false false false false false false false false false false false true false true false false false false