2013-11-13T18:31:29-07:00 2013-03-31 990 2012-04-01 381586704 MICHIGAN CHRISTIAN HOME MICH 6162459179 1919 Boston SE Grand Rapids MI 49506 Rachel Olmsted 6166088240 2013-10-24 2012 2016-02-24 21:20:13Z Beacon Hill At Eastgate Jeffrey Huegli 1919 Boston SE Grand Rapids MI 49506 8128703 0 X www.beaconhillgr.org X 1958 MI To provide quality residential and health care services to seniors in a tradition of Christian Community. 8 8 192 126 0 0 51182 75780 5296901 6829306 13270 21827 1718975 1165026 7080328 8091939 0 0 0 0 3882392 4330421 0 0 0 7888100 6290502 11770492 10620923 -4690164 -2528984 47991864 44470468 53052247 52064713 -5060383 -7594245 The Michigan Christian Home dba Beacon Hill At Eastgate, a not-for-profit corporation, provides housing and health services in a Christian environment for older adults, thus enabling them to meet their ongoing physical, social and spiritual needs. 0 0 7687603 0 6829306 To provide quality residential and health care services in a tradition of Christian Community. 0 0 0 7687603 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 37 0 1 192 1 0 0 0 0 1 1 1 1 0 0 0 1 1 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 1 1 1 0 MI X Rachel Olmsted 6162459179 1919 Boston SE Grand Rapids MI 49506 Carl Dufendach 0 0 X X 0 0 0 Michael Cypher 0 0 X X 0 0 0 Kim Allen 0 0 X X 0 0 0 Mark Pasma 0 0 X 0 0 0 Skip Knapp 0 0 X 0 0 0 Russell Watkins 0 0 X 0 0 0 Shana Shroll 0 0 X 0 0 0 Matt Zimmerman 0 0 X 0 0 0 Jeffrey Huegli 50 0 X 194720 0 24059 Rachel Olmsted 50 0 X 109738 0 13012 304458 0 37071 2 0 1 0 Greenbrier Development 3232 McKinney Ave Suite 1160 Dallas TX 75204 Development Services 217900 1 0 0 0 0 0 75780 0 75780 Housing & Healthcare Services 623311 6829306 6829306 0 0 0 0 0 0 6829306 24003 0 0 24003 0 0 0 0 0 0 0 0 0 0 0 46 0 2222 0 -2176 -2176 0 0 -2176 43871 0 34542 9329 0 9329 Entrance Fee Revenue 623311 1155470 1155470 0 0 227 227 0 0 1155697 8091939 7985003 0 31156 442673 71474 371199 3249556 2857081 392475 52704 38704 14000 306162 265031 41131 279326 229264 50062 71124 34796 36328 7150 7150 29033 29033 22961 22961 239288 216813 22475 92461 92461 24393 24393 75096 75096 643160 619913 23247 22041 22041 1220339 1644 1218695 2423403 2258240 165163 147750 147750 Supplies 329301 329301 0 0 Swap Market Value Adjustment 293817 0 293817 0 Building & Equipment Expense 142691 142691 0 0 Food 438753 438753 0 0 67741 36148 31593 10620923 7687603 2933320 0 3434989 663634 6263877 7649798 152450 152450 224049 200523 6468 35996 37324 67020 71941 40243884 8279432 33413066 31964452 4400417 3723878 47991864 44470468 1642446 564541 26142669 22776668 345902 311079 2652061 2000000 22269169 26412425 53052247 52064713 X -5061361 -7594245 978 0 0 0 -5060383 -7594245 47991864 44470468 -2528984 -4878 0 0 0 0 X 0 1 X 1 0 X 360002 323474 182255 51182 75780 992693 3579825 3687155 4091283 6074068 7984776 25417107 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3939827 4010629 4273538 6125250 8060556 26409800 3800 4531 11665 10290 2000 32286 0 0 0 0 0 3800 4531 11665 10290 2000 32286 26377514 121884 27558 23043 27389 24003 223877 0 0 0 0 0 121884 27558 23043 27389 24003 223877 0 0 0 0 0 4001 29373 7705 19889 9556 70524 4065712 4067560 4304286 6172528 8094115 26704201 0.98777 0.98095 0.00838 0.01377 X Net income from Fundraising Events RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2148009 52122 3423 0 52122 0 2151432 2267098 38066 5935 0 163090 0 2148009 2328213 53748 9570 0 124433 0 2267098 1540577 1120646 21588 0 354598 0 2328213 1486794 75907 53783 0 75907 0 1540577 1.00 0 0 0 0 2031736 0 2031736 29250346 0 5209389 24040957 0 0 0 0 8303110 0 2737159 5565951 658692 0 332884 325808 31964452 Deferred Financing Fees 443329 Deferred Marketing Fees 3280549 3723878 0 Refundable Entrance Deposits 17802216 Deferred Revenue from Entrance Deposits 7925267 Swap Market Value 684942 26412425 X 8099964 0 0 0 -28692 -28692 8128656 0 -36717 -36717 8091939 10628948 0 0 0 36717 36717 10592231 0 28692 28692 10620923 SchD_P04_S00_L02b Schedule D, Part IV, Line 2b Deposits held for reservation of an apartment home. SchD_P05_S00_L04 Schedule D, Part V, Line 4 The Mary and Martha Fund provides sustained benevolent care for residents of Beacon Hill At Eastgate. The subsidies are provided to qualified residents whose assets and income are insufficient to meet their ongoing cost of care. SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Organization analyzed its filing positions in the federal and state jurisdictions where it is required to file income tax returns, as well as all open tax years in these jurisdictions. The Organization has also elected to retain its existing accounting policy with respect to the treatment of interest and penalties attributable to income taxes, and continues to reflect any charges for such, to the extent they arise, as a component of its administrative expenses. The continued application of ASC Topic 740 has had no significant impact on the Organization's financial statements. SchD_P11_S00_L02d Schedule D, Part XI, Line 2d Other miscellaneous expenses $28,692 SchD_P11_S00_L04b Schedule D, Part XI, Line 4b Direct expenses from Fundraising Events $34542; Loss on Disposal of Assets $2175 SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Direct expense from Fundraising Events $34542; Loss on Disposal of Assets $2175 SchD_P12_S00_L04b Schedule D, Part XII, Line 4b Other miscellaneous expenses $28692 Golf Outing 31850 0 31850 0 0 0 0 0 24888 5K Race 12021 0 12021 0 0 0 0 0 9654 0 43871 0 43871 0 0 0 0 0 34542 34542 9329 X X 1 1 X X X 0 0 0 0 0 0 0 0 0 Jeffrey Huegli 160879 0 33841 0 0 0 0 0 24059 0 218779 0 0 0 SchJ_P01_S00_L01a Schedule J, Part I, Line 1a Bonus payments are grossed up for payroll taxes as approved by the Board of Directors. Health club membership is provided to the President as approved by the Board of Directors. A Economic Development Corp of the City of GR 521701965 000000000 2009-12-17 8650000 Construction of New Community 0 0 0 B Economic Development Corp of the City of GR 521701965 000000000 2010-12-23 18035000 Construction of New Community 0 0 0 A 3908332 0 0 0 0 0 0 0 0 0 0 0 2010 0 0 1 1 B 0 0 0 0 0 0 0 0 0 0 0 0 2010 0 0 1 1 A 0 0 0 0 0 0 0 1 0 0 B 0 0 0 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 A 0 B 0 Kearney & Associates Former Officer Advertising Fees in Dispute X 6968 6468 1 1 0 6468 F990_P06_S0A_L08b Form 990, Part VI, Section A, Line 8b Minutes are taken at all Executive Committee meetings. All other committees report meeting activities at regularly scheduled meetings of the Board of Directors. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b Finance Committee members of the Board of Directors receive an electronic copy of Form 990 for review and comment prior to filing return. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Formal conflict of interest statements are completed and signed by each board member on an annual basis. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Board of Directors reviews and approves compensation for the President on an annual basis. Recommended wage increases are based on market comparisons and performance review. Wage increases are documented in the minutes. President reviews and approves compensation for other key employees on an annual basis. Any wage increases are based on market comparisons and employee performance reviews. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy and audited financial statements are available to the public upon request.