PARK VILLAGE INC: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: PARK VILLAGE INC (EIN 51-0249312)
Tax period: 2013-04-01 to 2014-03-31
Filed: 2014-08-15
IRS object ID: 201432279349301183
Schema version: 2013v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule K
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-08-15T09:08:53-05:00	ReturnTs
Tax Period End	2014-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	541326200	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	MARTIN BEACHY & AREHART PLLC	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	209 N HIGH STREET	AddressLine1
City	HARRISONBURG	City
State	VA	State
ZIP Code	22802	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	510249312	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PARK VILLAGE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	PARK	BusinessNameControlTxt
Phone	5404384225	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 VIRGINIA AVE	AddressLine1
City	HARRISONBURG	City
State	VA	State
ZIP Code	22802	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	MIKE PIPER	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	5404384225	PhoneNum
Signature	2014-08-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	R SCOTT BEACHY	PreparerPersonNm
PTIN	P01293900	PTIN
Phone	5404332488	PhoneNum

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	JUDITH TRUMBO	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 VIRGINIA AVE	AddressLine1
City	HARRISONBURG	City
State	VA	State
ZIP Code	22802	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$6,456,126	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.VMRC.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1980	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	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.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	3	VotingMembersIndependentCnt
Total Employee	71	TotalEmployeeCnt
Total Volunteers	31	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$2,988	PYContributionsGrantsAmt
CY Contributions Grants	$4,368	CYContributionsGrantsAmt
PY Program Service Revenue	$6,416,961	PYProgramServiceRevenueAmt
CY Program Service Revenue	$6,184,846	CYProgramServiceRevenueAmt
PY Investment Income	$63,291	PYInvestmentIncomeAmt
CY Investment Income	$58,226	CYInvestmentIncomeAmt
PY Other Revenue	$12,846	PYOtherRevenueAmt
CY Other Revenue	$17,222	CYOtherRevenueAmt
PY Total Revenue	$6,496,086	PYTotalRevenueAmt
CY Total Revenue	$6,264,662	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,050,862	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,127,230	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$4,644,733	PYOtherExpensesAmt
CY Other Expenses	$4,695,127	CYOtherExpensesAmt
PY Total Expenses	$5,695,595	PYTotalExpensesAmt
CY Total Expenses	$5,822,357	CYTotalExpensesAmt
PY Revenues Less Expenses	$800,491	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$442,305	CYRevenuesLessExpensesAmt
Total Assets BOY	$30,991,243	TotalAssetsBOYAmt
Total Assets EOY	$32,875,936	TotalAssetsEOYAmt
Total Liabilities BOY	$38,502,588	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$51,751,386	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	-$7,511,345	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	-$18,875,450	NetAssetsOrFundBalancesEOYAmt
Mission	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.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$4,522,620	ExpenseAmt
Revenue	$6,184,846	RevenueAmt
Desc	ONE AND TWO BEDROOM RETIREMENT APARTMENTS AND COTTAGES, INCLUDING ACTIVITIES, MAINTENANCE OF UNITS, GROUNDS AND APPLIANCES.	Desc
Total Program Service Expenses	$4,522,620	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	71	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	3	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MIKE PIPER	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	5404384225	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1501 VIRGINIA AVE	AddressLine1
City	HARRISONBURG	City
State	VA	State
ZIP Code	22802	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JOHN ROSENBERGER
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
BERYL JANZTI
VICE CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
KEN WEAVER
SECRETARY/TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
JUDITH TRUMBO
CEO	40.00		Yes (X)	$0	$106,057	$14,916
MIKE PIPER
CFO	40.00		Yes (X)	$0	$91,128	$12,363

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$197,185	TotReportableCompRltdOrgAmt
Total Other Compensation	$27,279	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1	CityContractorAddress/USAddress/City	StateContractorAddress/USAddress/State	ZIP CodeContractorAddress/USAddress/ZIPCode	ServicesServicesDesc	CompensationCompensationAmt
SODEXO INC & ASSOCIATES
PO BOX 536922	ATLANTA	GA	30353	DINING SERVICES	$402,753
WEAVER'S FLOORCOVERING
3245 S MAIN ST	HARRISONBURG	VA	22801	FLOORCOVERING MATERIALS	$234,821
SHROCKS ROOFING
3259 ZION CHURCH ROAD	BROADWAY	VA	22815	ROOFING REPAIRS & REPLACEMENT	$147,638
VIRGINIA HOME IMPROVEMENT INC
3117 W CLAY ST STE 6	RICHMOND	VA	23230	BUILDING IMPROVEMENTS	$127,412

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Related Organizations	$4,368	RelatedOrganizationsAmt
Total Contributions	$4,368	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	SENIOR HOUSING AND SER	Desc
Business	531110	BusinessCd
Total Revenue Column	$6,184,846	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,184,846	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$6,184,846	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$71,811	TotalRevenueColumnAmt
Exclusion	$71,811	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$63,790	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$46,149	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$17,641	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$17,641	TotalRevenueColumnAmt
Exclusion	$17,641	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$32,708	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$46,293	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$13,585	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$13,585	TotalRevenueColumnAmt
Exclusion	-$13,585	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$98,603	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$99,022	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$419	TotalRevenueColumnAmt
Exclusion	-$419	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$6,264,662	TotalRevenueColumnAmt
Related Or Exempt Func Income	$6,184,846	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$75,448	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$847,860	TotalAmt
Program Services	$586,069	ProgramServicesAmt
Management And General	$261,791	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$24,798	TotalAmt
Program Services	$13,422	ProgramServicesAmt
Management And General	$11,376	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$174,110	TotalAmt
Program Services	$145,713	ProgramServicesAmt
Management And General	$28,397	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$80,462	TotalAmt
Program Services	$57,716	ProgramServicesAmt
Management And General	$22,746	ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$686,297	TotalAmt
Management And General	$686,297	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,950	TotalAmt
Management And General	$1,950	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$10,500	TotalAmt
Management And General	$10,500	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$248,637	TotalAmt
Program Services	$248,637	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$239,521	TotalAmt
Program Services	$239,038	ProgramServicesAmt
Management And General	$483	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$357,176	TotalAmt
Program Services	$342,132	ProgramServicesAmt
Management And General	$15,044	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$753,701	TotalAmt
Program Services	$704,789	ProgramServicesAmt
Management And General	$48,912	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,342	TotalAmt
Program Services	$804	ProgramServicesAmt
Management And General	$538	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,671	TotalAmt
Program Services	$1,374	ProgramServicesAmt
Management And General	$297	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$646,476	TotalAmt
Program Services	$646,476	ProgramServicesAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$615	TotalAmt
Management And General	$615	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,458,056	TotalAmt
Program Services	$1,432,985	ProgramServicesAmt
Management And General	$25,071	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$56,723	TotalAmt
Management And General	$56,723	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt
ACTIVITY SERVICES FOR R	$128,997	$128,997
WELLNESS CENTER SERVICE	$103,465		$103,465

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,822,357	TotalAmt
Program Services	$4,522,620	ProgramServicesAmt
Management And General	$1,299,737	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,000	BOYAmt
EOY	$1,001	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$22,267	BOYAmt
EOY	-$892	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$13,839,701	BOYAmt
EOY	$16,226,343	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$16,135	BOYAmt
EOY	$18,652	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$38,394,688	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$21,763,856	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$17,112,140	BOYAmt
EOY	$16,630,832	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$30,991,243	BOYAmt
EOY	$32,875,936	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$257,077	BOYAmt
EOY	$232,384	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$20,868,710	BOYAmt
EOY	$34,785,851	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$16,338,103	BOYAmt
EOY	$16,001,685	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,038,698	BOYAmt
EOY	$731,466	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$38,502,588	BOYAmt
EOY	$51,751,386	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	-$7,511,345	BOYAmt
EOY	-$18,875,450	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	-$7,511,345	BOYAmt
EOY	-$18,875,450	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$30,991,243	BOYAmt
EOY	$32,875,936	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$442,305	ReconcilationRevenueExpnssAmt
Prior Period Adjustments	-$12,113,642	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$307,232	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$2,988	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,368	CurrentTaxYearAmt
Total	$7,356	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,555,845	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,687,994	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,315,575	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,475,777	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,184,846	CurrentTaxYearAmt
Total	$30,220,037	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$42,190	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$141,099	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$142,375	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$155,237	CurrentTaxYearMinus1YearAmt
Current Tax Year	$162,393	CurrentTaxYearAmt
Total	$643,294	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,598,035	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,829,093	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,457,950	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,634,002	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,351,607	CurrentTaxYearAmt
Total	$30,870,687	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$30,870,687	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$133,795	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$92,953	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$69,136	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,291	CurrentTaxYearMinus1YearAmt
Current Tax Year	$71,811	CurrentTaxYearAmt
Total	$430,986	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$133,795	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$92,953	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$69,136	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$63,291	CurrentTaxYearMinus1YearAmt
Current Tax Year	$71,811	CurrentTaxYearAmt
Total	$430,986	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,731,830	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,922,046	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,527,086	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,697,293	CurrentTaxYearMinus1YearAmt
Current Tax Year	$6,423,418	CurrentTaxYearAmt
Total	$31,301,673	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.98620	PublicSupportCY509Pct
Public Support PY509	0.98150	PublicSupportPY509Pct
Investment Income CY	0.01380	InvestmentIncomeCYPct
Investment Income PY	0.01850	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$507,416	OtherCostOrOtherBasisAmt
Book Value	$507,416	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$33,737,276	OtherCostOrOtherBasisAmt
Depreciation	$18,293,388	DepreciationAmt
Book Value	$15,443,888	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,191,318	OtherCostOrOtherBasisAmt
Depreciation	$1,059,641	DepreciationAmt
Book Value	$131,677	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,958,678	OtherCostOrOtherBasisAmt
Depreciation	$2,410,827	DepreciationAmt
Book Value	$547,851	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$16,630,832	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	INTEREST RATE SWAP AGREEMENTS	Desc
Amt	$731,466	Amt

Field	Value	IRS element (for citing)
Total Liability	$731,466	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$6,409,831	TotalRevEtcAuditedFinclStmtAmt
Other Revenue	$145,171	OtherRevenueAmt
Revenue Not Reported	$145,171	RevenueNotReportedAmt
Revenue Subtotal	$6,264,660	RevenueSubtotalAmt
Other Revenues Not Included	$2	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$2	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$6,264,662	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$5,967,529	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$145,171	OtherExpensesIncludedAmt
Expenses Not Reported	$145,171	ExpensesNotReportedAmt
Expenses Subtotal	$5,822,358	ExpensesSubtotalAmt
Other Expenses Not Included	-$1	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$1	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$5,822,357	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 COGS INCLUDED ON PART VIII LINE 10B
PART XI, LINE 4B - OTHER ADJUSTMENTS:	ROUNDING
PART XII, LINE 2D - OTHER ADJUSTMENTS:	RENTAL EXPENSES INCLUDED ON PART VIII LINE COGS INCLUDED ON PART VIII LINE 10B
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ROUNDING

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Written Employment Contract	Yes (X)	WrittenEmploymentContractInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF HARRISONBURG VIRGINIA	BusinessNameLine1

Field	Value	IRS element (for citing)
Bond Issuer EIN	542000436	BondIssuerEIN
CUSIP	415675A20	CUSIPNum
Bond Issued	2006-10-24	BondIssuedDt
Purpose	REFUNDING OF PRIOR BOND ISSUE	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Current Refunding	Yes (1)	CurrentRefundingInd
Advance Refunding	Yes (1)	AdvanceRefundingInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (1)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	0	RebateNotDueYetInd
Exception To Rebate	Yes (1)	ExceptionToRebateInd
No Rebate Due	Yes (1)	NoRebateDueInd
Variable Rate Issue	Yes (1)	VariableRateIssueInd
Hedge Identified In Bks And Rec	Yes (1)	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	SOVEREIGN BANK	BusinessNameLine1

Field	Value	IRS element (for citing)
Term Of Hedge	4.500000000000	TermOfHedgePct
Superintegrated Hedge	0	SuperintegratedHedgeInd
Hedge Terminated	0	HedgeTerminatedInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	0	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	0	ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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 307,232.
FORM 990, PART XII, LINE 2C:	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
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

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	Yes (1)	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	Yes (1)	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd