2013-05-13T20:35:13-07:00 2012-06-30 990 2011-07-01 386141735 PORTER HILLS PRESBYTERIAN VILLAGE PORT 6169494975 4450 Cascade Road Grand Rapids MI 49564 Craig Vandenbos 6169541799 2013-05-15 2011 2016-02-25 16:41:14Z Susan Stoddard 4450 Cascade Road Grand Rapids MI 49564 30148784 0 X www.porterhills.org X 1970 MI Assisted Living, Nursing Care, Independent living for Elderly 14 14 529 28 0 0 541126 2421927 17235403 17403914 511076 276597 9356636 10046346 27644241 30148784 0 0 0 0 11010447 11511025 0 0 0 16479723 17437322 27490170 28948347 154071 1200437 77807793 76590525 96696476 97414604 -18888683 -20824079 To provide a continuum of high quality communities and services for older adults in accordance with Christian values. 0 0 23216919 0 27450260 Assisted Living, nursing care, independent living facility for the elderly. Total days of care in 2011-12 was 181,451. 0 0 0 23216919 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 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 0 1 15 0 1 529 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X X Craig Vandenbos 6169541799 4450 Cascade Road Grand Rapids MI 49564 Robert Daverman 1 X 0 0 0 Cindy Harvard 1 X 0 0 0 Bruce Barnhart 1 X 0 0 0 Sharon Buursma 1 X 0 0 0 Martha Blandford 1 X 0 0 0 Richard Rathburn 1 X X 0 0 0 William Alt 1 X 0 0 0 Mark Yost 1 X 0 0 0 Jon Pike 1 X 0 0 0 James Williams 1 X 0 0 0 Milton Rohwer 1 X 0 0 0 Daniel Terpsma 1 X 0 0 0 Reed Vanderslik 45 X 133642 0 0 Jane Toot 1 X 0 0 0 Joseph Stojak 1 X 0 0 0 Larry Yachcik 50 X 265729 0 0 Ingrid Weaver 45 X 136048 0 0 Michelle Coberly 45 X 126086 0 0 661505 0 0 5 0 1 0 Creative Dining Services One Royal Park Drive Zeeland MI 49464 Food Service 1314422 Mary Free Bed 235 Wealthy Street Grand Rapids MI 49503 Therapy Services 914658 The Apothecary Shoppe PO Box 1727 Midland MI 48641 Pharmacy 476447 Procare 675 Clyde Ct Byron Center MI 49315 Lawn Care Service 308173 VCPI 111 W Michigan St Milwaukee WI 53203 Computer hosting service 245268 4 0 0 0 2421927 0 0 0 2421927 Net program services revenue 623990 17403914 17403914 0 0 0 0 0 0 17403914 276597 0 0 276597 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Life Lease income 623990 1971836 1971836 0 0 Maintenance Fees & supplemental charges 623990 7644819 7644819 0 0 Gain on Joint Ventures 900099 429691 429691 0 0 0 0 0 0 10046346 30148784 27450260 0 276597 941708 941708 8561814 7392288 1169526 1332783 1026693 306090 674720 529418 145302 101579 101579 21994 21994 3482334 3226276 256058 154385 154385 277917 134759 143158 62379 62379 3473280 3348031 125249 32302 3083 29219 2491545 2491545 3443710 3443710 260004 260004 Food Charges 170078 170078 0 0 Corporate Allocation 2002794 2002794 0 0 Medical Supplies 1430876 1430876 0 0 Bad debt 32145 32145 0 0 28948347 23216919 5731428 0 0 20402 0 0 0 0 1900042 1619742 0 0 515965 790764 47613 0 32508 193496 112792783 50477372 64938618 62315411 8430187 10263172 0 0 1942860 1387538 77807793 76590525 4941487 7695587 0 0 0 0 0 76482910 69677087 4169606 15272079 15872324 96696476 97414604 X -18888683 -20824079 0 0 0 0 -18888683 -20824079 77807793 76590525 X 1200437 -3135833 X 0 1 1 X 0 X 0 1089872 641593 541126 2421927 4694518 24784245 23746234 24992484 25950039 27020569 126493571 24784245 24836106 25634077 26491165 29442496 131188089 131188089 409465 289473 899475 1153076 706288 3457777 409465 289473 899475 1153076 706288 3457777 25193710 25125579 26533552 27644241 30148784 134645866 0.97432 0.97069 0.02568 0.02931 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 518 518 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Porter Hills pays a membership fee to Aging services of Michigan, and part of those membership fees are used to lobby. 7283998 0 7283998 87855658 0 29327194 58528464 0 0 0 0 17653127 0 21150178 -3497051 0 0 0 0 62315411 0 Provision for interest swap agreement 5248458 deferred Life Lease income 10623866 15872324 30148784 28948347 1200437 -130780 0 0 0 0 -130780 1069657 30018004 -130780 0 0 0 -130780 30148784 0 0 0 30148784 28948347 0 0 0 0 0 28948347 0 0 0 28948347 X X X X 0 0 0 0 0 0 0 1 0 Larry Yachcik 207308 0 45750 0 12671 0 0 0 6307 0 272036 0 0 0 SchJ_P01_S00_L07 Schedule J, Part I, Line 7 Part of the compensation is variable and at the discretion of the Board of Directors. Grand Rapids Charter Township 386005448 386211BA3 2003-07-01 35565000 Financing Cost of Advande Refunding 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 Wells Fargo and Huntington Bank 30 0 0 0 0 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Westminster Presbyterian Church is the sole share holder of stock in Porter Hills Presbyterian Village. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a Westminster Presbyterian Church can elect board members to Porter Hills Presbyterian Village. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The slate of Porter Hills Presbyterian Village Board members needs approval by Westminster Church's Board of Directors. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The form 990 was reviewed by the VP of Finance before it was filed. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers, Directors, Trustees and key employees are required to annually disclose whether or not they have any interest that may result in a conflict. The form which they sign requires them to promptly report any possible existence of a conflict of interest for themselves or anyone else subject to the policy. If a possible conflict was reported on the annual form or if notice was given after the annual disclosure, the information disclosed would be evaluated and if necessary, compliance would be enforced. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 For executive compensation a minimum of three sources are used. Each source is a third party organization specializing in compensation in the West Michigan Area. The information is then compiled by the HR department and used to make a recommendation on the appropriate salary for each person. The recommendation is reviewed and approved by a independent person. In the past year an independent firm was hired to review the executive compensation package. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 The financials and form 990 are available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 unrealized losses on investments Porter Hills Foundation 4450 Cascade Road Grand Rapids MI 49564 383243846 Supporting Organization MI 501 C 3 11A Porter Hills Presbyterian Village Meadowlark Retirement Home 4450 Cascade Road Grand Rapids MI 49564 383373281 Retirement Home MI 501 C 3 7 N/A Porter Hills Home Care 4450 Cascade Road Grand Rapids MI 49564 383384372 Home Care MI 501 C 3 9 N/A Gerontology Network 516 Cherry SE Grand Rapids MI 49503 382774701 Health Services MI 501 C 3 7 Porter Hills Presbyterian Village Walker Meadow Retirement 1101 Wilson Ave Grand Radids MI 49534 383283760 Retirement Home MI 501 C 3 7 N/A Oak Ridge Retirement 3781 Giddings Grand Rapids MI 49508 383382610 Retirement Home MI 501 C 3 7 N/A Harvest Way Retirement 100 Ida Red Sparta MI 49345 383445251 Retirement Home MI 501 C 3 7 N/A River Grove Retirement 5761 Jupiter Ave Belmont MI 49306 383519530 Retirement Home MI 501 C 3 7 N/A Baileys Retirement 5252 Baileys Center Kentwood MI 49512 383643825 Retirement Home MI 501 C 3 7 N/A Station Creek 10010 Crossroad Court Caledonia MI 49316 200771871 Retirement Home MI 501 c 3 7 N/A Life Circles 560 Seminole Road Muskegon MI 49444 260170498 PACE program MI 501 C 3 9 N/A Porter Hills Home Health East 4450 Cascade Road Grand Rapids MI 49546 383358620 Private Duty and Transportation Company MI 501 c 3 line 9 N/A 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 Porter Hills Foundation c 2421927 donations from Porter Hills Foundation that has been transferred from the foundation to Porter Hills Presbyterian Village for benevolent care, and other restricted costs. Porter Hills Home Care a-iv 70800 Porter Hills Presbyterian Village leases part of their facility to Porter Hills Home Health West. Porter Hills Home Health East l 405975 Porter Hills Home Healh East provides residential services for Porter Hills Village's residents and the general public Walker Meadow Retirement k 40083 Porter Hills Corporate office receives a management and accounting fee from Walker Meadow retirment for accounting and management services. Oak Ridge Retirement k 40083 Porter Hills Coprorate receives a accounting and management fee from Oak Ridge Retirment for accounting and management services. Harvest Way Retirement k 40083 Porter Hills Coporate receives a accounting and managment fee from Harvest Way Retirment for accounting and management services. River Grove Retirement k 40083 Porter Hills Coporate receives a accounting and management fee from River Grove Retirment for accounting and management services. Baileys Retirement k 40083 Porter Hills Corporate receives a accounting and management fee from Baileys Retirment for accounting and management services. Station Creek k 40083 Porter Hills Corporate recieves a accounting and management fee from Station Creek retirement for accounting and managment services. Life Circles k 388270 Porter Hills Presbyterian Village receives a management fee from Life Circles for management services performed. Gerontology Network k 111834 Gerontology Network pays a management and Accounting fee to Porter Hills Presbyterian Village for accounting and management services. Gerontology Network d 639118 Porter Hills Presbyterian Village loaned Gerontology Network monies to pay off their mortgage. An extention was filed and approved by the IRS.